GlobeNewswire

LGC Capital Ltd. Closes Financing With Arlington Capital and Retains Renmark Financial Communications Inc.

Share

MONTRÉAL, May 31, 2019 (GLOBE NEWSWIRE) -- LGC Capital Ltd. (TSX-V: LG / OTCQB: LGGCF) is pleased to announce that it has closed its previously announced financing with Arlington Capital and has retained the services of Renmark Financial Communications Inc. to handle its investor relations activities.

We are pleased to announce that we have selected Renmark to reinforce LGC Capital Ltd.'s profile in the financial community and enhance the visibility of our company. We choose Renmark because its standards and methodologies fit best with the message we wish to communicate to the investing public,” noted John McMullen, President.

In consideration of the services to be provided, the monthly fees incurred by LGC Capital Ltd. will be a cash consideration of up to $8,000 CAD, starting June1st, 2019 for a period of six months ending on November 30th, 2019 and monthly thereafter.

Renmark Financial Communications does not have any interest, directly or indirectly, in LGC Capital Ltd. or its securities, or any right or intent to acquire such an interest.

LGC is also pleased to announce that is has closed the final tranche of its previously announced financing with Arlington Capital (please refer to LGC’s press release dated January 24, 2019). Pursuant to the private placement, Arlington Capital has fully subscribed for a total of 104,000,000 common shares of LGC at a price of $0.10 per share.  As a result of this private placement, Arlington Capital is LGC’s largest single shareholder holding 19.97% of LGC’s issued and outstanding common shares. There were no warrants with this financing. Use of proceeds are to accelerate LGC’s group of companies’ business plan for the current calendar year.  As previously announced, on closing of the private placement, LGC will pay a 3% finder's fee to an arms-length third party, and, in accordance with the terms of the private placement, has appointed an Arlington Capital representative to LGC’s board of directors in the person of Mr. Ferras Zalt who is now chairman of LGC’s board of directors.

For further information, please contact:
John McMullen, President
Tel: (514) 788-1499
john@lgc-capital.com

Renmark Financial Communications Inc.
Melanie Barbeau: mbarbeau@renmarkfinancial.com
Media – Kellie Coppin: kcoppin@renmarkfinancial.com
Tel: (416) 644-2020 or (514) 939-3989
www.renmarkfinancial.com

Caution Regarding Press Releases

Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Notice Regarding Forward Looking Statements
This press release may contain forward-looking statements with respect to LGC and their respective operations, strategy, investments, financial performance and condition. These statements can generally be identified by use of forward-looking words such as “may”, “will”, “expect”, “estimate”, “anticipate”, “intends”, “believe” or “continue” or the negative thereof or similar variations. The actual results and performance of LGC and Easyjoint could differ materially from those expressed or implied by such statements. Such statements are qualified in their entirety by the inherent risks and uncertainties surrounding future expectations. Some important factors that could cause actual results to differ materially from expectations include, among other things, general economic and market factors, competition, government regulation and the factors described under “Risk Factors and Risk Management” in LGC’s Management’s Discussion and Analysis for the three months ended December 31, 2018, as filed on SEDAR (www.sedar.com). The cautionary statements qualify all forward-looking statements attributable to LGC and persons acting on its behalf. Unless otherwise stated, all forward-looking statements speak only as of the date of this press release and neither LGC nor Freia has any obligation to update such statements, except to the extent required by applicable securities laws.  Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

About GlobeNewswire

GlobeNewswire
GlobeNewswire
One Liberty Plaza - 165 Broadway
NY 10006 New York

https://globenewswire.com

GlobeNewswire is one of the world's largest newswire distribution networks, specializing in the delivery of corporate press releases financial disclosures and multimedia content to the media, investment community, individual investors and the general public.

Subscribe to releases from GlobeNewswire

Subscribe to all the latest releases from GlobeNewswire by registering your e-mail address below. You can unsubscribe at any time.

Latest releases from GlobeNewswire

Media Release | MCH Group | Capital Increase and New Shareholder10.7.2020 07:00:00 CESTPress release

Financial and structural strengthening to overcome the corona crisis and implement the long-term strategy The MCH Group intends to strengthen its capital structure and shareholder base in order to cope with the consequences of the corona crisis and to be able to embark on the process of future-oriented transformation. The Board of Directors will propose to the shareholders a comprehensive set of measures including a capital increase totalling CHF 104.5 million, the entry of Lupa Systems as a new anchor shareholder and a restructuring of the group's debt capital at an Extraordinary General Meeting on 3 August 2020. In line with the public sector shareholders, Lupa Systems is expected to hold around one third of the shares. They have signed a long-term relationship agreement and are fully committed to the strategic direction. In view of the challenging situation in the global exhibition and event business, which has been exacerbated by the COVID 19 pandemic, the Board of Directors and th

Schibsted ASA (SCHA/SCHB) – Invitation to the presentation of Q2 2020 results10.7.2020 07:00:00 CESTPress release

We hereby invite you to participate at the presentation of the Q2 2020 results of Schibsted ASA on 17 July 2020. Quarterly earnings release Time: 17 July 2020 at 07:00 CET Quarterly report, presentation materials, and spreadsheet with key figures and analytical information will be made available on the IR website at schibsted.com/ir/. Results presentation Time: 17 July 2020 at 09:00 CET As a result of the COVID-19 pandemic, the Q2 2020 presentation will be held as a webcast only. Consequently, it will not be possible to attend the presentation in person. It will be presented in English. Participants can send in written questions through the webcast player. The presentation will be webcasted live at: Schibsted ASA Webcast Q2 2020 You may also follow the presentation on YouTube: Schibsted ASA YouTube Q2 2020 CEO Kristin Skogen Lund, CFO Ragnar Kårhus and EVP Nordic Marketplaces & CEO of Finn.no Christian Printzell Halvorsen will present. A recording of the presentation will be available

Sinch AB (publ): Inbjudan till telefonkonferens och webbpresentation av Sinch delårsrapport Q2 202010.7.2020 07:00:00 CESTPressemelding

Stockholm, Sverige – Sinch AB (publ) – XSTO: SINCH Sinch AB kommer att publicera sin delårsrapport för det andra kvartalet 2020 vid 07:30 CET på fredag 17 juli 2020. VD Oscar Werner och CFO Roshan Saldanha kommer att presentera rapporten i en webbsänd telefonkonferens klockan 14:00 samma dag. Efter presentationen finns de tillgängliga för att svara på frågor. Tid för publicering av delårsrapport Fredag den 17 juli 2020 kl 07:30 CET Tid för telefonkonferens och webbpresentation Fredag den 17 juli 2020 kl 14:00 CET Telefonkonferens Försäkra dig om att du är uppkopplad till telefonkonferensen genom att ringa in och registrera dig några minuter innan konferensen börjar. Sverige: +46 (8) 506 921 85 Storbritannien: +44 (0) 203 009 5710 USA: +1 917 720 0178 Access code: 27 56 118# Webbpresentation Direktsändningen nås genom investors.sinch.com/webcast Presentationsmaterial och rapporten kommer att finnas tillgängligt på investors.sinch.com efter offentliggörandet. För ytterligare information

Sinch AB (publ): Invitation to conference call and web presentation of Sinch Q2 2020 quarterly report10.7.2020 07:00:00 CESTPress release

Stockholm, Sweden – Sinch AB (publ) – XSTO: SINCH Sinch AB will publish its Q2 2020 quarterly report on Friday, July 17, 2020, at 07:30 AM CET. You are invited to participate in a conference call at 14:00 AM CEST on the same day. Oscar Werner, CEO, and Roshan Saldanha, CFO, will present the report and review the results. Time for publication of the interim report Friday July 17, 2020, at 07:30 AM CET Time for conference call and web presentation Friday July 17, 2020, at 14:00 AM CET Dial-in numbers and access code Please make sure you are connected to the phone conference by calling in and register a few minutes before the conference begins. Sweden: +46 (8) 506 921 85 UK: +44 (0) 203 009 5710 US: +1 917 720 0178 Access code: 27 56 118# Web presentation and slide deck The live webcast will be available at investors.sinch.com/webcast The presentation and report will be available at investors.sinch.com after publication. For further information, please contact Thomas Heath Chief Strategy

Basilea announces the start of the offer period of its partial repurchase offer for its outstanding convertible bonds due 202210.7.2020 07:00:00 CESTPress release

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART IN OR INTO THE UNITED STATES, CANADA, AUSTRALIA OR JAPAN Basel, Switzerland, July 10, 2020 After publication of the Offer Notice on 25 June 2020 and the end of the cooling-off period, Basilea Pharmaceutica Ltd. (SIX: BSLN, the “Offeror”) announces the start of the offer period of its partial repurchase offer for at least CHF 90 million and up to CHF 110 million in principal amount of its outstanding convertible bonds due 2022 (the "Repurchase Offer"). The Repurchase Offer price amounts to 100.50% of the principal amount plus accrued and unpaid interest. The tender offer period starts today and is expected to expire at 4pm CEST on July 16, 2020 (custodian agents generally shorten this deadline for their clients). The settlement date is expected to occur on July 28, 2020. The bonds are listed and traded at SIX Swiss Exchange (ISIN: CH0305398148; SSN: 30'539'814) (the "Bonds"). The tender offer is submitted after the success

Nokia announces generational step in data center networking; new OS and tools give cloud builders unprecedented ability to adapt, automate and scale9.7.2020 18:00:00 CESTPress release

Press Release Nokia announces generational step in data center networking; new OS and tools give cloud builders unprecedented ability to adapt, automate and scale Nokia improves data center networking for all cloud builders – webscale companies, service providers and enterprises – empowering them to rapidly design, deploy, adapt and automate data center network fabrics at massive scale to keep up with increasing business demand from 5G and Industry 4.0 Apple is an early adopter of the innovative technology, deploying the solution within its cloud operations in its data centers Nokia redefines openness, application development flexibility, robustness and operational tools for rapidly building and confidently operating data center networks at scale 9 July 2020 Espoo, Finland – Nokia has redefined data center fabrics with the launch of a new and modern Network Operating System (NOS) and a declarative, intent-based automation and operations toolkit. This will allow cloud and data center bu