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Cardinal Energy Ltd. Completes Redemption of 8.00% Convertible Debentures

/EIN News/ CALGARY, Alberta, March 11, 2021 (GLOBE NEWSWIRE) Cardinal Energy Ltd. (
Cardinal or the
Company ) (TSX: CJ; CJ.DB.A) announced today that it has completed the previously announced redemption of its 8.00% Convertible Unsecured Subordinated Debentures due December 31, 2022 (the
Debentures ). Prior to the redemption date, Cardinal issued 22,410,000 common shares upon the voluntary conversion of $28,013,000 principal amount of the Debentures representing approximately 99.3% of the outstanding Debentures. The redemption of the remaining $194,000 principal amount of the Debentures was funded through the Company s credit facility. As the majority of the Debentures were converted into common shares, the redemption financing of unsecured subordinated non-convertible debt announced in our February 4, 2021 press release was not completed. The Debentures were delisted today from the Toronto Stock Exchange. ....

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LightInTheBox Holding Co., Ltd. to Report Fourth Quarter and Full Year 2020 Financial Results on Friday, March 19, 2021

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BEIJING, March 12, 2021 /PRNewswire/ LightInTheBox Holding Co., Ltd. (NYSE: LITB) ( LightInTheBox or the Company ), a cross-border e-commerce company that delivers products directly to consumers around the world, today announced that it will release its unaudited financial results for the fourth quarter and full year ended December 31, 2020 before the open of U.S. markets on Friday, March 19, 2021.
LightInTheBox s management will hold a conference call to discuss the results at 8:00 a.m. Eastern Time on March 19, 2021 (8:00 p.m. Beijing Time on the same day).
Due to the outbreak of COVID-19, operator assisted conference calls are not available at the moment. All participants wishing to attend the call must preregister online before they can receive the dial-in numbers. ....

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AIA : posts first annual drop in new business value since listing

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March 12 (Reuters) - Insurer AIA Group Ltd said on
Friday new business value dropped 33% last year, the first
annual fall since its 2010 listing in Hong Kong, weighed by
lower demand for new policies during the COVID-19 pandemic.
AIA s value of new business (VONB), which measures expected
profits from new premiums and is a key gauge for future growth,
fell to $2.77 billion in 2020, from $4.15 billion a year
earlier, according to its earnings statement.
Analysts had expected VONB at the Hong Kong-based company to
fall 26.7% to $3.04 billion, according to Refinitiv data.
(Reporting by Alun John in Hong Kong and Shashwat Awasthi in ....

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Weighing in on ADA's Single Integrated Employer Test

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First Circuit Weighs in on ADA’s ‘Single Integrated Employer’ Test and Reckless Indifference Standard for Punitive Damages
Friday, March 12, 2021
In
Burnett v. Ocean Properties, Ltd., et al., the First Circuit Court of Appeals upheld a jury verdict for the plaintiff in his failure to accommodate claim under the Americans with Disabilities Act (ADA) and the Maine Human Rights Act (MHRA). The court’s opinion provides a useful reference for the “single integrated employer” test for liability under the ADA. More significantly, it is an important reminder for employers regarding how seriously to evaluate accommodation requests, how promptly to respond to them, and how informed employees should be throughout the process. The First Circuit’s ruling shows that the consequences of failing to adequately respond to accommodation requests could lead to a finding that the employer acted with reckless indifference and is liable for punitiv ....

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Innophys to Launch Promotional Campaign for Wearable Work-assisting Robotic Suit MUSCLE SUIT Every in Taiwan

Innophys to Launch Promotional Campaign for Wearable Work-assisting Robotic Suit MUSCLE SUIT Every in Taiwan
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