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Lynx Global Completes Acquisition of a Controlling Interest in | The Kingston Whig Standard


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Vancouver, British Columbia–(Newsfile Corp. – May 5, 2021) – Lynx Global Digital Finance Corporation (CSE: LYNX) (OTC Pink: CNONF) (FSE: 3CT0) (“Lynx” or the “Company”) is pleased to announce that on May 4, 2021, it formally closed the acquisition of a 51% equity interest of Philippines-based, Direct Agent 5 Inc. (“DA5”), (the “Transaction”). The Company issued an aggregate of 11,823,800 common shares of the Company (the “Consideration Shares”) and 2,000,000 share purchase warrants (the “Consideration Warrants”) entitling acquisition of an additional 2,000,000 common shares of the Company (“Shares”) at a price per Share of $1.20 in exchange for a 51% equity interest in the issued and outstanding common shares of DA5. The Consideration Warrants are exercisable until May 4, 2023. ....

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Bachoco Announces First Quarter 2021 Results


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Industrias Bachoco, S.A.B. de C.V., Bachoco or the Company , (NYSE:IBA, BMV:BACHOCO) announced today its unaudited results for the first quarter ( 1Q21 ) ending March 31, 2021. All figures have been prepared in accordance with International Financial Reporting Standard ( IFRS ) and are presented in nominal million Mexican Pesos ( $ ), except earnings per share.
HIGHLIGHTS- 2021 vs. 2020
EBITDA margin was 15.1% in 1Q21 vs 6.0% in 1Q20.
Earnings per basic and diluted share were $3.50 in 1Q21 vs $3.61 in 1Q20.
CEO COMMENTS
Mr. Rodolfo Ramos Arvizu, Chief
Executive Officer of Bachoco, stated, We continued observing a good balance between supply and demand which allowed us to achieve outstanding results in our first quarter of 2021, despite adjustments in sales volume, as a result of remaining COVID-19 confinement measures that had effects in some of the markets in which we compete. ....

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