Cornerstone Strategic Value Fund, Inc. Announces Completion of Rights Offering
NEW YORK, May 17, 2021 (GLOBE NEWSWIRE) Cornerstone Strategic Value Fund, Inc. (the “Fund”) (NYSE American: CLM) is pleased to announce the completion of its one-for-three rights offering which expired on Friday, May 14, 2021 (the “Offering”). The Offering was over-subscribed. Under the terms of the Offering, record date stockholders were entitled to purchase one newly issued share of common stock of the Fund for every three rights held. The subscription price for each newly issued share was determined to be $10.64 which, under the terms of the prospectus, was equal to the greater of (i) 107% of net asset value per share as calculated at the close of trading on the date of expiration of the Offering and (ii) 80% of the market price per share at such time.
“So many are in this fight.” Journalist union, supporters rally in Virginia Beach in a plea to save local news Lisa Vernon Sparks, The Virginian-Pilot
It was a call to action.
Camped out the lawn at Mount Trashmore Park, some 50 supporters and journalists represented by Tidewater Media Guild rallied in a plea to save local news.
At stake is the future of several Tribune Publishing newspapers in Virginia and elsewhere, including the flagship Chicago Tribune, in the wake of a pending sale to hedge fund Alden Global Capital.
Guild organizers are circulating a petition, which will be posted on the U.S. Securities & Exchange Commission EDGAR website, against the sale. The deal requires an approval from two-thirds of Tribune Publishing’s shareholders.
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ESCONDIDO, CA / ACCESSWIRE / May 13, 2021 / Marijuana Company of America, Inc. (OTC PINK:MCOA) and Cannabis Global, Inc. (OTC PINK:CBGL) today announced the closing of a definitive agreement establishing a new manufacturing and research center for advanced cannabis concentrates, cannabinoid polymeric nanoparticles and nanofibers. The joint venture, operating under an entity named, MCOA Lynwood Services, Inc, will be managed by Natural Plant Extracts of California (NPE) at its Lynwood, California location. Cannabis Global is majority owner of Natural Plant Extracts, holder of a Type 7 cannabis manufacturing permit.
The new venture will immediately focus on the production of cannabis concentrates, which will be processed at the licensed NPE facility and will continue the research and development of Cannabis Global polymeric nanoparticle technologies, for which patent applications were filed late last year. Cannabis concentrates will be sold into the regulated California market an
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LOS ANGELES, CA / ACCESSWIRE / May 13, 2021 / Cannabis Global, Inc. (OTC PINK:CBGL) and Marijuana Company of America (OTC PINK:MCOA) today announced the closing of a definitive agreement establishing a new manufacturing and research center for advanced cannabis concentrates, cannabinoid polymeric nanoparticles and nanofibers. The joint venture, operating under the name MCOA Lynwood Services, Inc, will be managed from Natural Plant Extracts of California (NPE) in its Lynwood, California location. Cannabis Global is majority owner of Natural Plant Extracts, holder of a Type 7 cannabis manufacturing permit.
The new venture will immediately focus on the production of cannabis concentrates, which will be processed at the licensed NPE facility and will continue the research and development of Cannabis Global polymeric nanoparticle technologies, for which patent applications were filed late last year. Cannabis concentrates will be sold into the regulated California market and will be