BlackLine To Unveil New Solutions And Innovations For Finance & Accounting In Front Of 15,000+ Registrants At Company’s Largest Annual User Conference Ever

New order-to-cash, account analysis products; enhanced user interface; API portal; plus greater connectivity with SAP® systems, to further enable modern accounting

PR Newswire

LOS ANGELES, Nov. 16, 2020 /PRNewswire/ — Accounting automation software leader BlackLine, Inc. (Nasdaq: BL) today announced new products as well as updates to its flagship cloud platform designed to further enable Finance & Accounting (F&A) departments to transform and modernize their operations.  The new features and solutions will be unveiled this week in front of more than 15,000 registrants at BlackLine’s annual global user conference BeyondTheBlack™ 2020: The Modern Accounting Virtual Experience.

Highlights of BlackLine’s enhanced platform functionality and new offerings include:


BlackLine Cash Application to Simplify the Order-to-Cash Process

BlackLine is launching BlackLine Cash Application.  Using AI and machine learning, BlackLine Cash Application enables organizations to manage cash flow and cash collection in real time, simplifying the order-to-cash process by automating both the collection and allocation of customer cash.  The launch marks BlackLine’s entrance into the accounts receivable automation market following the acquisition of Rimilia, a leader in the category.


BlackLine Account Analysis to Mitigate Risk in High-Volume Accounts

BlackLine Account Analysis is a new solution that helps organizations proactively manage risk by automatically analyzing transactions in complex, high-volume accounts.  Exceptions, such as aged items, are surfaced with clear action plans so they can be investigated, explained and resolved by Accounting team members who can add notes, comments and documentation in a fully auditable workflow.  So much of this work is done today in spreadsheets as part of a traditional reconciliation process that often leads to errors.  Account Analysis enhances BlackLine’s complete end-to-end reconciliation automation suite by enabling an even deeper level of detail, categorization and resolution of exceptions and errant transactions.  (General availability 2021.)


New User Interface to Help Drive Finance Performance Management

BlackLine is upgrading its user interface (UI) across the entire platform in an effort to create a more intuitive and streamlined user experience.  The new UI is based on a library of elements that are deployed across the application, giving visual cues for the most important and commonly used items on any given page while assuring ease of use for all users.  BlackLine has also completely redesigned the Unmatched Transaction interface to simplify the process of manually matching transactions, speeding up decision-making and saving time.


Enhanced Integration with the Open Platform Initiative

With the goal of enabling customers to connect to any source system, BlackLine has launched an API (application programming interface) portal empowering developers to integrate data, workflows and communication between BlackLine and other data sources.  Using modern APIs, BlackLine is laying the foundation to further optimize and automate end-to-end accounting and financial use cases, further increasing efficiency and control.  In addition to new APIs, BlackLine is also enhancing its ERP connectors for Sage Intacct, Microsoft Dynamics GP, Oracle NetSuite and Oracle E-Business Suite.


Raising the Modern Accounting Bar for Companies Running on SAP® Technology

BlackLine is enhancing its already extensive integration with SAP technology by adding connectivity with new SAP data sources and improved visibility for journal entry processing.  BlackLine’s connectors for SAP systems can now extract inventory and other materials-related data from SAP systems automatically and provide a real-time, clickable link between SAP systems and BlackLine-originated journal entries.  These enhancements continue to reduce manual effort and increase confidence in data completeness and integrity.  

“The global pandemic is bringing to the forefront what we’ve seen for years.  Traditional manual accounting processes are not sustainable,” said Marc Huffman, BlackLine’s president, chief operating officer and incoming CEO.  “As a result, businesses are placing renewed focus on risk management, control environments and cash flow optimization.  With our newest platform release and solution offerings, our customers have the opportunity to emerge from the pandemic stronger than ever with modernized F&A processes, improved working capital, greater data integrity and analysis, enhanced visibility and control, and reduced risk.”

BeyondTheBlack, formerly InTheBlack, is BlackLine’s annual user conference that for the past 12 years has brought together a global community focused on innovation in Finance & Accounting.  The new name encapsulates the new reality:  accountants and other financial professionals are now being called on to do more than just close the books and verify that the numbers are right.  What was previously their sole focus is now just one part of the value they bring.  F&A leaders are embracing modern accounting by unifying systems, data and processes to deliver accurate results faster; automating routine work to focus on strategic business initiatives; and executing continuously to support the business in real time.  Instead of just making sure organizations are ‘InTheBlack’, it’s time for accountants to go ‘BeyondTheBlack’. 

Unless otherwise noted, the above features and updates are currently available.  BeyondTheBlack 2020 is taking place virtually Tuesday to Thursday, Nov. 17th to 19th, featuring more than 100 speakers spanning approximately 60 sessions.  For information or to register for the complimentary virtual event, go here.


About BlackLine

Companies come to BlackLine (Nasdaq: BL) because their traditional manual accounting processes are not sustainable.  BlackLine’s cloud-based solutions and market-leading customer service help companies move to modern accounting by unifying their data and processes, automating repetitive work, and driving accountability through visibility.  BlackLine provides solutions to manage and automate financial close, accounts receivable and intercompany accounting processes, helping large enterprises and midsize companies across all industries do accounting work better, faster and with more control.

More than 3,200 customers trust BlackLine to help them close faster with complete and accurate results.  The company is the pioneer of the cloud financial close market and recognized as the leader by customers at leading end-user review sites including Gartner Peer Insights, G2 and TrustRadius.  Based in Los Angeles, BlackLine also has regional headquarters in London, Singapore and Sydney.  For more information, please visit blackline.com.

BlackLine Forward-looking Statements
This release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. In some cases, you can identify forward-looking statements by terminology such as “may,” “will,” “should,” “could,” “expect,” “plan,” anticipate,” “believe,” “estimate,” “predict,” “intend,” “potential,” “would,” “continue,” “ongoing” or the negative of these terms or other comparable terminology. Forward-looking statements in this release include statements regarding our growth plans and opportunities.

Any forward-looking statements contained in this press release are based upon BlackLine’s current plans, estimates and expectations and are not a representation that such plans, estimates, or expectations will be achieved. Forward-looking statements are based on information available at the time those statements are made and/or management’s good faith beliefs and assumptions as of that time with respect to future events and are subject to risks and uncertainties. If any of these risks or uncertainties materialize or if any assumptions prove incorrect, actual performance or results may differ materially from those expressed in or suggested by the forward-looking statements. These risks and uncertainties include, but are not limited to, risks related to the Company’s ability to execute on its strategies, attract new customers, enter new geographies and develop, release and sell new features and solutions; and other risks and uncertainties described in the other filings we make with the Securities and Exchange Commission from time to time, including the risks described under the heading “Risk Factors” in our Annual Report on Form 10-K.  Additional information will also be set forth in our Quarterly Reports on Form 10-Q.

Forward-looking statements should not be read as a guarantee of future performance or results, and you should not place undue reliance on such statements. Except as required by law, we do not undertake any obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future developments or otherwise.

SAP and other SAP products and services mentioned herein as well as their respective logos are trademarks or registered trademarks of SAP SE in Germany and other countries.  Please see https://www.sap.com/copyright for additional trademark information and notices.  All other product and service names mentioned are the trademarks of their respective companies.

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/blackline-to-unveil-new-solutions-and-innovations-for-finance–accounting-in-front-of-15-000-registrants-at-companys-largest-annual-user-conference-ever-301173556.html

SOURCE BlackLine

TAG Oil Reports Q2 2021 Results

PR Newswire

VANCOUVER, BC, Nov. 16, 2020 /PRNewswire/ – TAG Oil Ltd. (“TAG Oil” or the “Company”) (TSXV: TAO) (OTCQX: TAOIF) is pleased to report the filing of its second quarter results for the interim period ending September 30, 2020. Highlights over the period include:

  • At September 30, 2020, the Company had C$15.1 million (June 30, 2020: C$15.0 million) in cash and cash equivalents and C$17.6 million (June 30, 2020: C$17.4 million) in working capital. The Company has no debt.
  • Capital expenditures totaled C$0.05 million for the quarter ended September 30, 2020, compared to C$0.10 million for the quarter ended June 30, 2020. Most of the expenditures during the quarter related to the ATP 2037/2038 seismic acquisition program for 2021.
  • On September 1, 2020, the Company announced the following corporate updates:
    • Mr. Abdel (Abby) Badwi joined the Company as Executive Chairman of the board of directors, along with Mr. Suneel Gupta who was appointed as VP and COO of the Company. Messrs. Shawn Reynolds and Thomas Hickey were also appointed to TAG’s board of directors as non-executive directors.
    • The Company completed a non-brokered private placement of 6.25 million units (“Units”) at a price of C$0.16 per Unit for aggregate gross proceeds of C$1.0 million. Each Unit consists of one common share (“Common Share”) and one common share purchase warrant (“Warrant”), with each Warrant entitling the holder thereof to acquire one Common Share in the capital of the Company at a price of C$0.16 per Common Share for a period of three years from the date of closing.
    • The grant of 4.85 million stock options exercisable for a period of five years at a price of C$0.25 per share to the newly appointed officers, directors, and consultant. The options will be subject to deferred vesting over three years.
  • On September 25, 2020, the Company announced the following corporate updates:
    • Mr. Peter Loretto resigned from his position as a non-executive director of the Company.
    • The grant of 775,000 stock options on September 11, 2020, to various officers, directors, and staff members. These options vested immediately and are exercisable until September 11, 2025, at a price of C$0.25 per share.
  • Subsequent to September 30, 2020, the Company closed the purchase and sale agreement with Luco Energy Pty. Ltd. (“Luco”), a company owned by Ilwella Pty. Ltd. and AJ Lucas Services, to divest its Australian assets and operations as part of a strategic realignment of the Company’s oil and gas exploration and development activities. This was an arm’s length transaction that involved the sale of the shares of TAG Oil’s Australian subsidiary, Cypress Petroleum Pty Ltd., which holds the Company’s 100% working interests in PL 17, ATP 2037, and ATP 2038 (collectively, the “Permits”) located in the Surat Basin of Queensland, Australia, to Luco in exchange for a cash payment of A$2,500,000 (approximately C$2,375,000) at closing and a 3.0% gross overriding royalty on future production from all liquids produced from the Permits.

TAG Oil’s management and board of directors continue to assess all available opportunities to maximize value for its shareholders, including exploring strategic opportunities in the Middle East and North Africa. TAG Oil will provide further information on these efforts in due course.

About TAG Oil Ltd.

TAG Oil (http://www.tagoil.com/) is a Canadian based international oil and gas exploration company.

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


Forward-Looking Statements

Certain of the statements made and information contained herein is considered “forward-looking information” within the meaning of applicable Canadian securities laws, including statements with regard to the Company’s operations and potential strategic opportunities. These statements address future events and conditions and are reliant on assumptions made by the Company’s management, and so involve inherent risks and uncertainties, as disclosed in the Company’s periodic filings with Canadian securities regulators. As a result of these risks and uncertainties, and the assumptions underlying the forward-looking information, actual results could differ from those currently projected. The Company does not assume the obligation to update any forward-looking statement, except as required by applicable law.

Cision View original content:http://www.prnewswire.com/news-releases/tag-oil-reports-q2-2021-results-301173099.html

SOURCE TAG Oil Ltd.

Lumentum Acquires TriLumina Assets

PR Newswire

SAN JOSE, Calif., and ALBUQUERQUE, N.M., Nov. 16, 2020 /PRNewswire/ — Lumentum Holdings Inc. (“Lumentum”) (Nasdaq: LITE) and TriLumina Corporation (“TriLumina”) today announced that Lumentum has acquired certain technology assets of TriLumina, including its patents and other intellectual property. TriLumina technology includes innovative flip-chip, back-emitting VCSEL arrays for use in a wide range of applications, including 3D sensing, automotive safety and driver assistance systems and LiDAR, and other emerging applications. Terms of the transaction were not disclosed.

About Lumentum

Lumentum (NASDAQ: LITE) is a market-leading designer and manufacturer of innovative optical and photonic products enabling optical networking and laser applications worldwide. Lumentum optical components and subsystems are part of virtually every type of telecom, enterprise, and data center network. Lumentum lasers enable advanced manufacturing techniques and diverse applications including next-generation 3D sensing capabilities. Lumentum is headquartered in San Jose, California with R&D, manufacturing, and sales offices worldwide. For more information, visit www.lumentum.com.

About TriLumina

TriLumina Corporation develops innovative laser illumination solutions for automotive, industrial, and consumer 3D sensing applications. TriLumina near-infrared VCSEL technology is used in applications from long range LiDAR to low cost, small form factor ToF systems.

Contact Information

Investors: Jim Fanucchi, 408-404-5400; [email protected]

Media: Sean Ogarrio, 408-546-5405; [email protected]

Cision View original content:http://www.prnewswire.com/news-releases/lumentum-acquires-trilumina-assets-301173151.html

SOURCE Lumentum

Strapped In, and Fired Up: TGS and Crimson Wings to host Women’s Car Ball Championship

PR Newswire

VANCOUVER, BC, Nov. 16, 2020 /PRNewswire/ – Put on your driving gloves, top off the tank, and get ready to experience the utter joy of Rocket League. TGS Esports Inc. (“TGS” or the “Company”) (TSXV: TGS) has teamed up with Crimson Wings to host the 3rd season of the Women’s Car Ball Championship, the world’s premier Rocket League tournament explicitly held for women.

“The WCBC is an amazing showcase of women’s esports talent, and we’re helping to make it bigger and more exciting than ever,” said Spiro Khouri, founder and CEO of TGS Esports. “This is going to be an exciting partnership – tons of action, tons of fun, and some of the best casters and hosts around.”

On November 12, the WCBC officially announced Season 3 which will kick off December 12. This season features a partnership with Rocket League developer Psyonix who is already showing support by sharing the news of Season 3 among their network. 

The 2020 WCBC features divisions in Europe and North America, pitting teams of three in a round-robin style tournament starting in December. The total prize pool for this season is $10,000. Jeff “Hunted” Lowe will host the event. Casters include Deep “RJsaurus” Nadar, Andrew “Squidd” Riffe, Layla “TamashiiKanjou” Abbott, and more.

“In its first year of existence, WCBC has given women a solid footing in the world of competitive rocket league, and some tier-one esports organizations use it to scout talent and plan for their future,” said Chase “Kilk” Mitchell, founder and CEO of Crimson Wings Entertainment. “This season, we’re better and stronger than ever, and we’re so excited.”

As part of the kick off for the upcoming 3rd season TGS and Crimson Wings will be holding two open tournaments for any female Rocket League teams. November 28th will be open to any teams in Europe while December 5th will be for North American based teams. Both open events will have a cash prize. More info is available at www.thegamingstadium.com.

“Women are a large and often overlooked segment of the esports community,” Khouri said. “Hosting the WCBC allows us to continue to support these players and to introduce our brand to new competitors.”

For more information, please visit www.thegamingstadium.com or discord.gg/tgs.


Corporate Update

Further to its news release of November 2, 2020, the Company has agreed to pay a finder’s fee to Jameel Bharmal in connection with the proposed acquisition of Pepper Esports Inc. by the Company (the “Acquisition“), subject to the approval of the TSXV.  The finder’s fee is payable by the issuance of 3,870,968 warrants to purchase common shares of TGS at a price of $0.155 for a period of two years following closing of the Acquisition.


About TGS Esports Inc.

TGS Esports Inc. is an organization focused on creating the ultimate esports experience. TGS is made up of industry professionals with 20+ combined years in the space of tournament organization, league facilitation, and production. This experience combined with the proposed acquisition of Pepper Esports Inc. (https://www.newswire.ca/news-releases/tgs-esports-announces-signing-of-definitive-agreement-to-acquire-leading-competitive-esports-platform-pepper-esports-804515174.html) allows TGS to offer a full suite of tools needed for any player or tournament organizer in esports. TGS is also the owner of Canada’s first dedicated esports arena, The Gaming Stadium, located in Richmond, British Columbia, which opened in June 2019. 

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

On behalf of the Board of Directors
Spiro Khouri
Spiro Khouri, CEO
TGS Esports Inc.


Disclaimer for Forward-Looking Information


Certain statements in this release are forward-looking statements, which reflect the expectations of management regarding the Company. Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations or intentions regarding the future, including with respect to: the hosting of the Women’s Car Ball Championship tournament; the timing, format and prizes for the tournament; and the proposed acquisition of Pepper Esports Inc. and the finder’s fee payable in connection therewith. Such statements are subject to risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in the statements, including risks related to factors beyond the control of the Company. The risks include the following: the unknown magnitude and duration of the effects of the COVID-19 pandemic and other risks that are customary to transactions of this nature. No assurance can be given that any of the events anticipated by the forward-looking statements will occur or, if they do occur, what benefits the Company will obtain from them.

This press release is not an offer of the securities for sale in the United States. The securities have not been registered under the U.S. Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an exemption from registration.  This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any state in which such offer, solicitation or sale would be unlawful.

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/strapped-in-and-fired-up-tgs-and-crimson-wings-to-host-womens-car-ball-championship-301173096.html

SOURCE TGS Esports Inc

Amazon Black Friday Deals Week Starts Friday, November 20–Score Epic Deals While They Last!

Canada NewsWire

Starting Friday, November 20 through Black Friday on November 27, Amazon will release new deals every day

Customers can secure buzzworthy gifts and trending products across toys, beauty, home, fashion and Amazon Devices, including deals from Canadian small and medium sized businesses

SEATTLE, Nov. 16, 2020 /CNW/ – (NASDAQ: AMZN) – Amazon Canada’s Black Friday Deals Week is almost here! Starting this Friday, November 20, through November 27 (Black Friday), customers can score amazing Black Friday deals and low prices on top gifts at amazon.ca/blackfriday or on the Amazon App. With deals ranging from new gadgets and electronics, to kid-favourite toys, must-have home and kitchen items, seasonal fashion finds, beauty favourites, and holiday deals from small businesses, customers will find a wide selection of deals to secure before they sell out.

More customers than ever are shopping early for their holiday gifts this year, with popular categories including home, toys and Amazon Devices, as well as shopping from small and medium-sized businesses at record levels. For customers who still have gifts to check off the list, Amazon is continuing its season of epic deals and savings with Black Friday deals starting on Friday, November 20. Plus, with Amazon’s extended returns window, customers can shop with confidence knowing that most items shipped now through December 31, 2020 can be returned for free until January 31, 2021.

At Amazon, incredible employees come together to deliver magical experiences for customers—every day and throughout the holiday season—and that includes offering fast, free and convenient delivery options for customers. With more than 150 new process improvements and safety measures implemented over the last several months, $10 billion invested this year in keeping our employees safe, and hundreds of thousands of employees working across Amazon’s network, customers can rely on fast and efficient delivery throughout the holiday season and beyond.


Black Friday Deals Week Preview:

The deals included below—and many more—will be available on various dates and times between November 20 and November 27 (Black Friday), while supplies last, at amazon.ca/blackfriday, on the Amazon App, or by simply asking “Alexa, what are my deals?” Get your gift list ready and shop these deals while they last!

  • Echo Show 8 is $80 off – just $89.99
  • Echo Show (gen 2) is $110 off – just $189.99
  • Echo Auto is $45 off – just $24.99
  • All-new Echo Dot is $30 off – just $39.99
  • All-new Echo is $40 off – just $89.99
  • Kindle is $45 off – just $74.99
  • Fire TV Stick 4K is $25 off – just $44.99
  • Fire TV Cube is $50 off – just $99.99
  • Fire 7 tablet is $20 off – just $49.99
  • Fire HD 8 Kids Edition tablet is $50 off – just $129.99
  • All-new eero 6 Wi-Fi 6 system (3-pack) is $80 off – just $319
  • Ring Video Doorbell Pro + Free Echo Show 5 is $199.99 off – just $199.99
  • Blink Outdoor 2 cam + Echo Show 5 is $179.99 off – just $159.99
  • New Amazon Music Unlimited customers can get three months of the premium streaming tier free, to enjoy unlimited access to tens of millions of songs, ad-free.
  • Current Amazon Music Unlimited subscribers can upgrade to the Family Plan free for three months, with access for up to six accounts.
  • Save up to 30% on select Philips Hue products
  • Save up to 30% on select Mattel Toys
  • Save up to 30% on select DeWalt Tools
  • Save up to 30% on select STEM and Arts & Crafts toys
  • Save up to 30% on select LEGO products
  • Save up to 40% on select TP-Link products
  • Save up to 30% on select Melissa & Doug Toys
  • Save up to 50% on Activewear from Our Brands
  • Save up to 50% on Top Watch Brands
  • Save up to 35% on Baffin Winter Boots
  • Save up to 40% on adidas shoes and apparel
  • Save up to 40% on Saucony footwear
  • Save up to 50% on Men’s & Women’s Fashion from Our Brands
  • Save 30% on select Waterpik flossers
  • Save on Top Vinyl Titles
  • Save on Harry Potter: The Complete Series
  • Save up to 49% on select Philips Electric Grooming and Shaver products
  • Save up to 40% on select Philips Sonicare Electric Toothbrushes
  • Save up to 39% on Anker/eufy/Soundcore Wireless products
  • Save 30% on Spikeball and Pop-A-Shot
  • Save 50% on 23andMe Health + Ancestry kits
  • Save up to 30% on select slippers and footwear
  • Save up to 30% on Mountain Warehouse clothing and footwear
  • Save on Instant Pot
  • Save up to 30% on Philips Kitchen Appliances
  • Save on select De’Longhi Kitchen Appliances
  • Save on AeroGarden Harvest 360 – Black w/ Heirloom Salad Seed Pod Kit
  • Save up to 30% on select Snow Joe products
  • Save on select Hill’s Science Diet Small Bags, Wet Food and Treats
  • Save up to 40% on select iRobot robotic vacuums
  • Save on select Bissell favourites
  • Save up to 25% on select laptops and desktops
  • Save up to 44% on Celestron Binoculars and Telescopes


Give Back This Season

It’s easy to give back this holiday season on Amazon.ca. While shopping for holiday supplies and gifts for family and friends, customers can support different Canadian charities via Wish Lists they have setup of items they need most at amazon.ca/DeliveringSmiles. Customers who wish to donate directly to each of these charities instead can do so through the same link, but items purchased by customers from the wish lists will go directly to the charity.


Shop Local

Customers can support small businesses this Black Friday by shopping deals featured in the Support Small Storefront. More than half of the items sold in Amazon’s store worldwide are from third-party sellers – most which are small and medium sized businesses. In 2019, Canada-based third party sellers grossed over $1B CAD on Amazon.ca, growing over 40% YoY, with over 25% of these sales occurring during the 2019 holiday season (November 1 to December 31, 2019).

To make it easier than ever for customers to support small businesses, here is a preview of some of the deals customers can expect from Canadian small and medium-sized businesses this upcoming Black Friday:

More Ways to Shop, Save and Ship
In addition to free delivery on millions of items for all Amazon customers, Amazon offers a number of ways for customers to shop for and receive holiday gifts:

  • Amazon App: Shop anytime, anywhere with the Amazon App and ensure you never miss a deal.
  • Alexa Shopping: Alexa makes it easy to find the best holiday deals. Just ask, “Alexa, what are my deals?”
  • Amazon.ca Rewards Mastercard: Now through November 30, Amazon.ca customers who apply and are approved for the Amazon Rewards Mastercard will instantly receive a $15 Amazon.ca Gift Card, plus up to 5% back on purchases at Amazon.ca, Whole Foods Market, grocery stores, and restaurants for 6 months. For more details and to apply, visit amazon.ca/mastercard.
  • Fast, Free Delivery: In addition to unlimited FREE Two-Day Shipping on millions of items, Prime members have access to Prime FREE Same-Day Delivery when shipping to Toronto, Vancouver, and Calgary and Prime FREE One-Day Delivery in 34 cities and towns on eligible orders over $25. These delivery options are not only convenient for customers but they’re better for the planet because One-Day and Same-Day deliveries ship from local fulfillment centres so they travel shorter distances and generate less carbon emissions. This is just another way that Amazon is leveraging its scale for good to make investments that support communities.
  • Extended Returns Window: Customers can buy gifts with confidence on Amazon.ca knowing that millions of items are eligible for free and convenient returns. Items shipped between October 1 and December 31, 2020 can now be returned until January 31, 2021.

About Amazon
Amazon is guided by four principles: customer obsession rather than competitor focus, passion for invention, commitment to operational excellence, and long-term thinking. Customer reviews, 1-Click shopping, personalized recommendations, Prime, Fulfillment by Amazon, AWS, Kindle Direct Publishing, Kindle, Fire tablets, Fire TV, Amazon Echo, and Alexa are some of the products and services pioneered by Amazon. For more information, visit amazon.com/about and follow @AmazonNews.

SOURCE Amazon Canada

CIT Northbridge Credit Serves as Sole Lead Arranger on Senior Secured Credit Facility for Arizona Nutritional Supplements

PR Newswire

NEW YORK, Nov. 16, 2020 /PRNewswire/ — CIT Group Inc. (NYSE: CIT) that CIT Northbridge Credit, as advised by CIT Asset Management LLC, served as sole lead arranger on a senior secured credit facility for Arizona Nutritional Supplements LLC, a portfolio company of Endeavour Capital.

Arizona Nutritional Supplements, founded in 1996 and headquartered in Chandler, Arizona, is a leading contract and private label manufacturer of vitamins, minerals and supplements in a range of sizes and formats, including tablets, capsules, soft gels and powders. The company serves customers through a network of retailers, grocers, physician groups, direct selling and ecommerce channels.

Proceeds from the financing will be used to recapitalize the company, repay existing debt and provide working capital for continuing operations.

“Consumers today are increasingly interested in maintaining and improving their health and wellness, and we anticipate continued growth for nutritional supplements and related products,” said Mike Beardall, CEO of Arizona Nutritional Supplements. “We greatly appreciated the expertise and agility of the CIT Northbridge team in arranging this financing that will enable us to continue our growth and achieve our business goals.”

“Arizona Nutritional Supplements has a strong track record as a maker and distributor of a range of nutritional products to outlets across the U.S.,” said Neal Legan, who leads CIT Northbridge. “We were pleased to work with the company’s leadership to understand their needs and arrange this asset-based financing that supports their business strategy.”

CIT Northbridge Credit is a trusted financial partner supporting middle-market companies with a broad range of flexible asset-based debt solutions. A joint venture advised by CIT Asset Management, it provides revolving and term loan commitments from $15 million to $150 million to companies across various industries and business cycles, and serves primarily as sole lender, agent, club participant or co-lender.

About CIT
CIT is a leading national bank focused on empowering businesses and personal savers with the financial agility to navigate their goals. CIT Group Inc. (NYSE: CIT) is a financial holding company with over a century of experience and operates a principal bank subsidiary, CIT Bank, N.A. (Member FDIC, Equal Housing Lender). The company’s commercial banking segment includes commercial financing, community association banking, middle market banking, equipment and vendor financing, factoring, railcar financing, treasury and payments services, and capital markets and asset management. CIT’s consumer banking segment includes a national direct bank and regional branch network. Discover more at cit.com/about.


MEDIA RELATIONS:


John M. Moran

212-461-5507
[email protected]

 

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/cit-northbridge-credit-serves-as-sole-lead-arranger-on-senior-secured-credit-facility-for-arizona-nutritional-supplements-301172947.html

SOURCE CIT Group Inc.

TD Bank Ranks No. 1 in SBA Lending for Fourth Straight Year in Maine-to-Florida Footprint

PR Newswire

CHERRY HILL, N.J., Nov. 16, 2020 /PRNewswire/ — TD Bank, America’s Most Convenient Bank®, announced today that for the fourth year in a row, TD ranked No. 1 in total number of approved U.S. Small Business Administration (SBA) loan units in its Maine-to-Florida footprint for the SBA’s 2020 fiscal year, supporting more than 1,500 businesses through two SBA lending products: 7(a) and 504 loans.

TD also secured the top ranking in total amount of 504 dollars (approximately $146 million) in its footprint. Despite the challenges associated with the COVID-19 pandemic, TD remained committed to SBA lending and ranked in the top four nationally after lending $370.1 million and approving a total of 1,560 SBA 7(a) and 504 loans combined.

In addition to SBA 7(a) and 504 loans, TD Bank is proud to have provided approximately 86,000 Paycheck Protection Program (PPP) loans for more than $8.7 billion in funding from April through August as part of the special SBA program established by the Coronavirus Aid, Relief and Economic Security (CARES) Act. The bank was a leader in PPP, placing sixth nationwide in loan value and volume. 

“This year has been turbulent for small businesses due to COVID-19 and our team approached these challenges head-on by using our status as an SBA Preferred Lender to offer not only financial relief through PPP loans but to continue to provide critical 7(a) and 504 SBA loans,” said Chris Giamo, Head of Commercial Bank, TD Bank. “TD recognizes the important role small businesses play in our local communities and the economy and we support these companies with needed funding in both good and challenging times.”

SBA lending services remained a priority in 2020

As a result of COVID-19, thousands of businesses sought additional funding through SBA programs such as 504 and 7(a) loans. However, due to the economic impact of the pandemic, many organizations are more focused on keeping their doors open than strategic growth priorities, which led to the enormous number of PPP loans.

“Along with providing 7(a) and 504 offerings, the bank worked around the clock for months to process PPP loans and approved more than 25 times the number of SBA loans than we approve in a typical year,” said Tom Pretty, Head of SBA Lending, TD Bank. “TD Bank and our SBA Lending Group are proud to stand by our small business customers to provide important lending services, including more 7(a) loans than any other bank in our footprint, and financial relief offerings to help them reemerge from the pandemic in a position of strength.”

About TD Bank, America’s Most Convenient Bank®

TD Bank, America’s Most Convenient Bank, is one of the 10 largest banks in the U.S., providing more than 9.5 million customers with a full range of retail, small business and commercial banking products and services at more than 1,220 convenient locations throughout the Northeast, Mid-Atlantic, Metro D.C., the Carolinas and Florida. In addition, TD Bank and its subsidiaries offer customized private banking and wealth management services through TD Wealth®, and vehicle financing and dealer commercial services through TD Auto Finance. TD Bank is headquartered in Cherry Hill, N.J. To learn more, visit www.td.com/us. Find TD Bank on Facebook at www.facebook.com/TDBank and on Twitter at www.twitter.com/TDBank_US and www.twitter.com/TDNews_US.

TD Bank, America’s Most Convenient Bank, is a member of TD Bank Group and a subsidiary of The Toronto-Dominion Bank of Toronto, Canada, a top 10 financial services company in North America. The Toronto-Dominion Bank trades on the New York and Toronto stock exchanges under the ticker symbol “TD”. To learn more, visit www.td.com/us.

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/td-bank-ranks-no-1-in-sba-lending-for-fourth-straight-year-in-maine-to-florida-footprint-301172942.html

SOURCE TD Bank

HeadsUp Announces New CEO and Expanding Operations

PR Newswire

LAS VEGAS, Nov. 16, 2020 /PRNewswire/ – HeadsUp Entertainment International Inc. (Pinksheets: HDUP.PK) is pleased to announce that Doug Wilson has been named the new President and CEO.  Doug has operated firms in various technology sectors for over 3 decades and has provided expertise to several of these internationally. Doug consults to several other business entities including a land asset firm as well as private equity interests primarily focused on digital media, gaming and charity sectors.  “I look forward to the challenge of leading HeadsUp into the new era of digital gaming as the new landscape for North American and global licensing is quickly opening up billion-dollar markets” stated Mr Wilson.

Doug joins previously announced lottery icon Mark Hutchinson to the management team and additional members of the gaming, broadcasting, entertainment, and interactive technology sectors will be announced next as part of the firms new strategic Advisory Board.  Both Doug and Mark will also be nominated for addition to the Board of Directors.

Since the last announcement of the joint venture marketing agreement with LOTIX, HeadsUp has moved forward with the integration of their Pay App® E-wallet. Powered by PlayPay™, the Pay App® digital payment system is what would allow HeadsUp’s sportsbook players to store funds, make bets, receive winnings and track payments all via the mobile E-wallet. Payment processing is one of the key customer integration tools for the evolving gaming sectors; this integration, therefore, gives HeadsUp a strong competitive advantage for customer acquisition and retention in emerging markets.

Through the LOTIX partnership, HeadsUp is navigating through the licensing process in numerous states as they are soon to fire up the first US go to market initiatives for both an online sports book and gaming operations as well as a possible land-based casino acquisition led by LOTIX CEO Bil Liu.

HeadsUp is holding a Special Shareholders Meeting next Monday November 23rd which has been organized to move the company forward with compliance strategies as direction of the new management team is to build the company asset base, revenues and continue to build shareholder value. 

As Canadian shareholders have been unable to trade the stock due to a cease trade order issued by the Alberta Securities Commission in 2013, previous management engaged auditors to bring the company filings current and as of Friday have posted all financial statements as required by OTC Markets to become current in the US, however the fully audited statements required by the Canadian regulators necessitate an audit of the share capitalization table from the inception of the Company for the past 17 years which is an onerous, time consuming and very expensive process.  The new Management Team has identified and is pursuing other options to create immediate and short term liquidity for Canadian shareholders and is actively pursuing those strategies which coincide with the corporate road map for growth and up-listing to a higher tier exchange. Management will be reporting further on that at the Special Shareholders Meeting next week.

Since joining the HeadsUp management team Mark Hutchinson has brought forward multiple opportunities to the Company to go to market in the charity fundraising, gaming, lottery and 50/50 sectors. The company is currently negotiating multiple contracts directly from his leadership in his business development capacity.  HeadsUp is planning to make a series of announcements soon that will result in a direct path to revenue from these negotiations.

Last Thursday HeadsUp, through its Digital Marketing Team in Toronto, invested over $30,000 and launched a major online advertising campaign for player acquisition as part of its Affiliate Marketing Agreement with VIP Entertainment announced in the last press release.  As previously stated HeadsUp terminated the LOI to acquire shares of VIP after Gaming Counsel advised that owning shares in a grey market sports book operation could cause HeadsUp to not be approved as a regulated sports book operator in the US and Canada which is the primary new initiative of the Company.  It was agreed that the new agreement was the most strategic move to generate immediate revenues.

“We are building a solid foundation to grow HeadsUp into a leader in the media and gaming business” commented new CEO Doug Wilson, “and I look forward to sharing more of the new business plan concepts supported by market compliance, obtaining new gaming and broadcast licenses never before offered and going to market with the best interactive platforms that technology has to offer.”

About HeadsUp Entertainment International Inc.

HeadsUp Entertainment International Inc. is a global gaming operator and media company focusing on online gaming, online poker, eSports, sports betting, online lottery, mobile 50/50, charity fundraising platforms and blockchain based payment solutions.

Forward-Looking Statements:

This news release contains “forward-looking statements” within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. When used in this release, words such as “estimate,” “expect,” “anticipate,” “projected,” “planned,” forecasted” and similar expressions are intended to identify forward-looking statements, which are, by their very nature, not guarantees of HeadsUp Entertainment International Inc.’s future operational or financial performance, and are subject to risks and uncertainties. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this release. Due to the risks and uncertainties, actual events may differ materially from current expectations. The Company disclaims any intention or obligation to update or revise any forward-looking statements because of new information, future events or otherwise.

Cision View original content:http://www.prnewswire.com/news-releases/headsup-announces-new-ceo-and-expanding-operations-301173616.html

SOURCE HeadsUp Entertainment International Inc.

DISH Signs Multi-Year Anchor Tenant Tower Agreement with Crown Castle

PR Newswire

ENGLEWOOD, Colo. and HOUSTON, Nov. 16, 2020 /PRNewswire/ — DISH and Crown Castle today announced a long-term agreement through which Crown Castle will lease DISH space on up to 20,000 communication towers. As part of the agreement, DISH will receive certain fiber transport services and also have the option to utilize Crown Castle for pre-construction services. The agreement encompasses leases on towers located nationwide, helping DISH facilitate its buildout of the first open, standalone and virtualized 5G network in the U.S.  

Crown Castle is the first infrastructure partnership DISH has announced. Over the past several months, DISH has made several wireless vendor announcements, including software, core, BSS/OSS, and 5G radios. These agreements provide a clear path toward DISH’s rollout of a nationwide 5G network.

“The announcement of Crown Castle as our first tower partner marks an important milestone for DISH as we set our sights on building a first of its kind 5G network in the U.S.,” said Dave Mayo, DISH Executive Vice President of Network Development. “Crown Castle brings the experience and broad tower portfolio we need, from major markets to more rural areas, to help DISH bring to life the promise of our standalone, nationwide 5G network.”

“We are excited to establish this long-term strategic relationship with DISH, and we look forward to supporting their nationwide 5G network deployment for years to come,” stated Jay Brown, Crown Castle’s Chief Executive Officer. “DISH’s 5G network buildout marks an important development for the industry, and we believe our ability to offer towers, small cells and fiber solutions at scale provides us the best opportunity to deliver value as we support their wireless infrastructure needs.”


About DISH

DISH Network Corporation is a connectivity company. Since 1980, it has served as a disruptive force, driving innovation and value on behalf of consumers. Through its subsidiaries, the company provides television entertainment and award-winning technology to millions of customers with its satellite DISH TV and streaming SLING TV services. In 2020, the company became a nationwide U.S. wireless carrier through the acquisition of Boost Mobile. DISH continues to innovate in wireless, building the nation’s first cloud native, OpenRAN-based 5G broadband network. DISH Network Corporation (NASDAQ: DISH) is a Fortune 250 company.


About Crown Castle

Crown Castle International Corp. (NYSE: CCI) owns, operates and leases more than 40,000 cell towers and approximately 80,000 route miles of fiber supporting small cells and fiber solutions across every major U.S. market. This nationwide portfolio of communications infrastructure connects cities and communities to essential data, technology and wireless service – bringing information, ideas and innovations to the people and businesses that need them. For more information on Crown Castle, please visit www.crowncastle.com.

 

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/dish-signs-multi-year-anchor-tenant-tower-agreement-with-crown-castle-301173532.html

SOURCE DISH Network Corporation

Permits for Seafarer

PR Newswire

TAMPA, Fla., Nov. 16, 2020 /PRNewswire/ — Seafarer Exploration Corp. (OTCQB: SFRX) – Seafarer is pleased to announce that it has received fully executed permits from the Florida Department of Environmental Protection (“FDEP”) and the U.S. Army Corps of Engineers (“USACOE”), completing a realignment requested by the Florida Bureau of Archaeological Research (“FBAR”).  The new FDEP permit is valid for 5 years, expiring on June 11th, 2025. The FDEP permit has been renewed with the Sovereignty Submerged Lands Cultural Resource Recovery Easement and recorded with the Board of Trustees of the Internal Improvement Trust Fund of the State of Florida. The USACOE permit has been updated to reflect the name Seafarer’s Quest, LLC and the two corresponding FBAR permit numbers 2014.04 and 2016.05. The USACOE permit is valid for an additional 5 years, expiring on June 29th, 2025.

Kyle Kennedy, CEO of Seafarer, stated “We are exuberant to have received these permits this week after 4 months of not being allowed to disturb the bottom.  However, during this time, we were able to continue testing and scanning with the SeaSearcher, work on maintenance for our fleet, and continue to research current and potential future sites.  With these permits in hand we can now resume our investigation of our main site at full speed.”

Mr. Kennedy continued by commenting “The SeaSearcher technology, while still experimental, has given us the ability to validate, identify, and localize sub-bottom objects.  This is a major step forward from our previous search techniques.  Given the SeaSearcher now has a 4 month lead on our dive teams in scanning, we have a lot of work to do this fall to explore all of the targets that have been identified.”

Mr. Kennedy finished by saying “The entire team is super excited about November and December.  We are also thankful to be past COVID lock-downs, permit alignments, and the most active hurricane season on record.”

About Seafarer Exploration:

Seafarer Exploration Corp. is a publicly traded underwater salvage and exploration company traded under the symbol SFRX. The principal business of the company is to develop the infrastructure necessary to engage in the archaeologically-sensitive research, documentation, exploration, recovery, and conservation of historic shipwrecks. The company has secured multiple sites it believes contain historic and valuable shipwrecks. The company will use accepted archaeological methods to properly document, research and recover portions of the wrecks. Seafarer employs scientists and historians and is committed to preserving the cultural and historical significance of every wreck it finds. www.seafarercorp.com.

Disclaimer:

The press release may include certain statements that are not descriptions of historical facts but are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements may include the description of our plans and objectives for future operations, assumptions underlying such plans and objectives, and other forward-looking terminology such as ”may,” ”expects,” ”believes,” ”anticipates,” ”intends,” ”projects,” or similar terms, variations of such terms or the negative of such terms. There are a number of risks and uncertainties that could cause actual results to differ materially from the forward-looking statements made herein. Such information is based upon various assumptions made by, and expectations of, our management that was reasonable when made but may prove to be incorrect. All of such assumptions are inherently subject to significant economic and competitive uncertainties and contingencies beyond our control and upon assumptions with respect to the future business decisions which are subject to change. Accordingly, there can be no assurance that actual results will meet expectation and actual results may vary (perhaps materially) from certain of the results anticipated herein.

Media Contact:

Kyle Kennedy

(813) 448-3577

Cision View original content:http://www.prnewswire.com/news-releases/permits-for-seafarer-301173521.html

SOURCE Seafarer Exploration Corp.