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The Worldwide Motherboard Industry (Q2 2018) – ResearchAndMarkets.com

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The “The Worldwide Motherboard Industry, 2Q 2018” report has been added to ResearchAndMarkets.com’s offering.

The report finds that the global motherboard industry declined slightly in the first quarter of 2018 with shipment volume of over 25 million units.

The increasing stable supply of Intel’s Coffee Lake, coupled with commercial replacement demand triggered by Windows 10 and the still-strong gaming demand, has bolstered the industry’s year-on-year growth in the second quarter of 2018.

The mining demand from China can be one of major growth driver for the industry but concerns have risen over a possible change in the Chinese government’s stance towards bitcoin mining.

List of Topics

  • Recent shipment volume quarter review of the worldwide motherboard industry for the period of 1Q 2016 – 4Q 2018
  • Recent shipment value quarter review with breakdowns by maker, ASP, and price point
  • Manufacturer shipment volume rankings and includes shipment volume by assembly level, CPU connector type, production location, shipment destination, and business type
  • Analyst insight on the nascent development of the industry
  • The content of this report is based on primary data obtained through interviews with Taiwanese motherboard makers.

Companies Featured

  • AMD
  • ECS
  • Foxconn
  • Gigabyte
  • Intel
  • Jetway
  • Microstar
  • Pegatron
  • QCI
  • T&I
  • Wistro

For more information about this report visit https://www.researchandmarkets.com/research/vl34b5/the_worldwide?w=4

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Biden Inauguration Signals an Upcoming Regulatory Reset

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NEW YORK, Jan. 20, 2021 /PRNewswire/ — President-elect Joe Biden is expected not only to reverse many of the policies implemented under Donald Trump, but also to quickly put forward new legislation to combat the continued COVID-19 pandemic and resulting economic crisis. Coinciding with inauguration day, experts at Wolters Kluwer Legal and Regulatory U.S. have released a new white paper examining the statements and proposals from Biden's campaign and his transition team, outlining what professionals across several industries should expect of the new administration's policy and regulatory approaches.

“Under Joe Biden's administration, we expect to see a return to policies that are more in line with Obama-era priorities,” said Ted Trautmann, Senior Legal Analyst. “This includes increased emphasis on expanding health care access, employee protections, economic relief, international trade alliances, cybersecurity, and corporate accountability. However, with COVID-19 still present and worsening across the U.S., there are plenty of new challenges that will be a top priority for the Biden administration.”

This white paper lays out likely scenarios and outcomes across a range of key practice areas, such as healthcare, labor and employment, tax, securities and corporate governance, international trade, antitrust, intellectual property, cybersecurity and privacy, financial services, and others. Specific issues covered in the white paper include:

  • The “American Rescue Plan,” announced shortly before Biden's inauguration, which would provide economic and tax relief to families and small businesses, including emergency paid leave and a higher federal minimum wage;
  • Strengthening the Affordable Care Act, lowering the age of Medicare eligibility, and expanding health coverage for low-income individuals;
  • Extending the Social Security payroll tax to higher income levels, enhancing tax benefits for working families, and expanding several renewable energy credits;
  • The direction the SEC could go under new head Gary Gensler, including whether he may pursue regulations mandating public company disclosures regarding climate change and political contributions; and,
  • Restoring the nation's cybersecurity defenses following the SolarWinds software hack that compromised networks across the federal government and private industry; and
  • New COVID-19 relief legislation and oversight of companies receiving aid.

For members of the media interested in additional details on these topics, please contact us at [email protected].

About Wolters Kluwer Legal & Regulatory U.S.

Wolters Kluwer (WKL) is a global leader in professional information, software solutions, and services for the healthcare; tax and accounting; governance, risk and compliance; and legal and regulatory sectors. We help our customers make critical decisions every day by providing expert solutions that combine deep domain knowledge with advanced technology and services.

Wolters Kluwer reported 2019 annual revenues of €4.6 billion. The group serves customers in over 180 countries, maintains operations in over 40 countries, and employs approximately 19,000 people worldwide. The company is headquartered in Alphen aan den Rijn, the Netherlands.

For more information about Wolters Kluwer Legal & Regulatory U.S., visit www.WoltersKluwerLR.com, follow us on Facebook, Twitter and LinkedIn.

MEDIA CONTACT:

Linda Gharib
Director, Communications
Wolters Kluwer Legal & Regulatory U.S.
Tel: +1 (646) 887-7962
Email: [email protected] 

 

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SOURCE Wolters Kluwer Legal & Regulatory U.S.

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KORE Mining Shareholders Overwhelmingly Approve Spin-Out of British Columbia Exploration Assets Creating Karus Gold

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High Grade Gold Discovery Provides Catalyst for Exploration Spin Out

VANCOUVER, BC, Jan. 20, 2021 /PRNewswire/ – KORE Mining Ltd. (TSXV: KORE) (OTCQX: KOREF) (“KORE” or the “Company“) is pleased to announce that with respect to its special meeting of shareholders held today (the “Meeting“), all of the resolutions were duly passed, including the special resolution (the “Arrangement Resolution“) to approve the proposed plan of arrangement (the “Arrangement“) pursuant to which KORE will spin-out its British Columbia exploration assets to Karus Gold Corp. (“Karus Gold“).

KORE CEO Scott Trebilcock commented, “With the recent high-grade gold discovery at FG Gold of 14.35 meters of 6.44 g/t gold and drill results across 1.8 kilometers of strike from 14 pending holes, Karus is strongly positioned to attract capital and generate significant value for shareholders. We are excited to see Karus' assets exposed to the valuation forces for a pure play explorer with high grade drill results in an excellent jurisdiction.”

Pursuant to the Arrangement, the owners of common shares of KORE as of the close of business on the day before (anticipated to be January 22, 2021) the effective date of the Arrangement (anticipated to be January 25, 2021) will receive: (i) one-half of a common share of Karus Gold and (ii) one new common share of KORE, for each common share of KORE held on the day before the effective date of the Arrangement. 

There is no change to a shareholder's ownership of KORE as a result of the completion of the Arrangement. The majority of shareholders (those who hold their shares through their broker) will receive their Karus shares with no further action. Please contact the Company if you do not get your Karus shares by mid-February. Further information on the Arrangement can be found on the Company's website www.koremining.com.

Mr. Trebilcock continued, “Karus Gold will now raise seed capital in a rights offering. This is a rare opportunity for shareholders to access seed round financing usually reserved for industry insiders.  Karus then plans to list its shares on the TSX Venture Exchange later in the first half 2021, subject to regulatory approvals.”

The Arrangement Resolution required and received approval by more than: (i) 662/3% of the votes cast by the KORE shareholders present in person or represented by proxy; and (ii) 50% of the votes cast by the KORE shareholders other than those required to be excluded pursuant to Multilateral Instrument 61-101.

Closing of the Arrangement remains subject to final court approval as well as other customary closing conditions. Assuming the timely completion of these conditions, the Company expects the Transaction to close on January 25, 2021.

At the Meeting, KORE shareholders also approved: (i) the stock option plan for Karus Gold; (ii) the omnibus share compensation plan for Karus Gold; and (iii) the advance notice policy for Karus Gold.

This year, in light of the ongoing COVID-19 pandemic, the Meeting was held by way of virtual only format whereby shareholders participated in the Meeting remotely. Voting for each of the resolutions was by ballot.

KORE wishes to clarify its Management Information Circular dated December 18, 2020 in connection with the Meeting (the “Circular“). The Circular referred to a “Distribution Record Date” to be on or about January 22, 2021. To clarify, the reference to this date is not a “record date” but an anticipated date for determining which KORE shareholders will be eligible to receive the consideration disclosed in the paragraph above, pending approval and completion of the Arrangement.

About KORE Mining

KORE is 100% owner of a portfolio of advanced gold exploration and development assets in California and British Columbia. KORE is supported by strategic investor Eric Sprott who owns 26% of KORE's basic shares. KORE management and Board are aligned with shareholders, owning an additional 38% of the basic shares outstanding. KORE is actively developing its Imperial and Long Valley gold projects and is aggressively exploring across its portfolio of assets.

Further information on the Arrangement and KORE can be found on the Company's website at www.koremining.com/Karus or by contacting us as [email protected] or 888-455-7620.

On behalf of KORE Mining Ltd
“Scott Trebilcock”
Chief Executive Officer

Karus Gold Spin Out Investor Support
David Jan
1-888-455-7620
[email protected]

KORE Investor Relations
Arlen Hansen, KIN Communications
1-888-684-6730
[email protected]

Neither the 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.

Cautionary Statement Regarding Forward-Looking Information
This news release contains forward-looking statements relating to the future operations of the Company and Karus Gold and other statements that are not historical facts. Forward-looking statements are often identified by terms such as “will”, “may”, “plan”, “should”, “anticipate”, “expects”, “intends”, “indicates” and similar expressions. All statements other than statements of historical fact, included in this release, including, without limitation, statements regarding the future plans and objectives of the Company and Karus Gold are forward-looking statements. Forward-looking statements in this news release include, but are not limited to, the expected timeline and date of completion of the Arrangement, the ability of KORE to receive and obtain court approval, the ability of the parties to satisfy, in a timely manner, the other conditions to closing of the Arrangement, the future listing of Karus Gold and the expected timeline and completion of the anticipated Karus rights offering. There can be no assurance that the Arrangement will be completed or that it will be completed on the terms and conditions contemplated in this news release. The Arrangement could be modified or terminated in accordance with its terms. Such forward-looking statements, and any assumptions upon which they are based, are made in good faith and reflect our current judgment regarding the direction of our business. Management believes that these assumptions are reasonable. Forward-looking information involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information. 

Such factors include, among others: the Arrangement will be completed on the terms currently contemplated, the Arrangement will be completed in accordance with the timing currently expected without any undue delay, all conditions to the completion of the Arrangement will be satisfied or waived in due course and the Arrangement Agreement will not be terminated prior to the completion of the Arrangement, assumptions and expectations related to the trading price of KORE and the future listing of Karus Gold, and other expectations and assumptions concerning the Arrangement. 

In addition to the above summary, additional risks and uncertainties inherent to the Company and its operations are described in the “Risk Factors” section of the Company's management discussion and analysis for the year ended December 31, 2019, prepared as of April 27, 2020, available under the Company's issuer profile on www.sedar.com. Other risks and uncertainties include, among other things: the Arrangement may not be completed on the terms, or in accordance with the timing currently contemplated, or at all; the Company and Karus Gold has incurred expenses in connection with the Arrangement and will be required to pay for those expenses regardless of whether or not the Arrangement is completed; the Company and Karus Gold may not be successful in satisfying the conditions to the Arrangement; the possibility of adverse reactions or changes in business relationships resulting from the announcement or completion of the Arrangement; the failure to realize the expected benefits of the Arrangement; and other risks inherent to KORE's current business and/or factors beyond its control which could have a material adverse effect on KORE or the ability to consummate the Arrangement.

Forward-looking statements contained herein are made as of the date of this news release and the Company disclaims any obligation to update any forward-looking statements, whether as a result of new information, future events or results, except as may be required by applicable securities laws. There can be no assurance that forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. 

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SOURCE Kore Mining

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B. Riley Financial Announces Pricing of $200 Million Offering of Senior Notes Due 2028

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LOS ANGELES, Jan. 20, 2021 /PRNewswire/ — B. Riley Financial, Inc. (NASDAQ: RILY) (“B. Riley” or the “Company”) today announced that on January 20, 2021 it priced an underwritten registered public offering of $200 million aggregate principal amount of 6.00% senior notes due 2028. The Company has granted the underwriters a 30-day option to purchase up to an additional $30 million aggregate principal amount of senior notes in connection with the offering. The offering is expected to close on January 25, 2021, subject to customary closing conditions.

B. Riley Financial and this issuance of notes both received an investment grade rating of BBB+ from Egan-Jones Ratings Company, an independent, unaffiliated rating agency. The Company has applied to list the notes on NASDAQ under the symbol “RILYT” and expects the notes to begin trading within 30 business days of the closing date of this offering, if approved.

The Company expects to use the net proceeds in excess of $50 million from the sale of the notes for the redemption of all or a portion of its existing 7.50% Senior Notes due 2027 as soon as practicable and the remaining net proceeds for general corporate purposes, including funding future acquisitions and investments, repaying indebtedness, making capital expenditures and funding working capital.

B. Riley Securities, Ladenburg Thalmann, National Securities Corporation, William Blair and Incapital are acting as book-running managers for this offering. Aegis Capital Corp., Boenning & Scattergood, Huntington Capital Markets, Kingswood Capital Markets, division of Benchmark Investments, Inc., Newbridge Securities Corporation and Wedbush Securities are acting as co-managers.

The notes will be offered under the Company's shelf registration statement on Form S-3, which was declared effective by the Securities and Exchange Commission (“SEC”) on February 24, 2020. The offering of these notes will be made only by means of a prospectus supplement and accompanying base prospectus, which will be filed with the SEC.

Copies of the prospectus supplement and the accompanying base prospectus may be obtained on the SEC's website at www.sec.gov, or by contacting B. Riley Securities by phone at (703) 312-9580, or by emailing [email protected].

This press release does not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of the notes in any state or jurisdiction in which such offer, sale or solicitation would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

About B. Riley Financial (NASDAQ:RILY)
B. Riley Financial, Inc. provides collaborative financial services solutions tailored to fit the capital raising, business, operational, and financial advisory needs of its clients and partners. B. Riley operates through several subsidiaries which offer a diverse range of complementary end-to-end capabilities spanning investment banking and institutional brokerage, private wealth and investment management, corporate advisory, restructuring, due diligence, forensic accounting, litigation support, appraisal and valuation, and auction and liquidation services. Certain registered affiliates of B. Riley originate and underwrite senior secured loans for asset-rich companies. B. Riley also makes proprietary investments in companies and assets with attractive return profiles.

Forward-Looking Statements
Statements in this press release that are not descriptions of historical facts are forward-looking statements that are based on management's current expectations and assumptions and are subject to risks and uncertainties. If such risks or uncertainties materialize or such assumptions prove incorrect, our business, operating results, financial condition and stock price could be materially negatively affected. You should not place undue reliance on such forward-looking statements, which are based on the information currently available to us and speak only as of the date of this press release. Such forward looking statements include, but are not limited to, statements regarding the terms and conditions and timing of the senior notes offering and the intended use of proceeds. Because these forward-looking statements involve known and unknown risks and uncertainties, there are important factors that could cause actual results, events or developments to differ materially from those expressed or implied by these forward-looking statements. Factors that could cause actual results to differ include (without limitation) the possibility that the notes offering will not be consummated at the expected time, on the expected terms, or at all; and the Company's financial performance; and those risks described from time to time in B. Riley's periodic filings with the SEC, including, without limitation, the risks described in B. Riley's Annual Report on Form 10-K for the year ended December 31, 2019 under the captions “Risk Factors” and “Management's Discussion and Analysis of Financial Condition and Results of Operations.” Additional information is also set forth in our Quarterly Reports on Form 10-Q for the quarters ended March 31, 2020, June 30, 2020 and September 30, 2020. These factors should be considered carefully, and readers are cautioned not to place undue reliance on such forward-looking statements. All information is current as of the date this press release is issued, and B. Riley undertakes no duty to update this information.

Contacts

Investors                 

Media

Investor Relations 

Jo Anne McCusker

[email protected]  

[email protected]

(310) 966-1444  

(646) 885-5425

 

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SOURCE B. Riley Financial

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Editorial & Advertiser disclosureOur website provides you with information, news, press releases, Opinion and advertorials on various financial products and services. This is not to be considered as financial advice and should be considered only for information purposes. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third party websites, affiliate sales networks, and may link to our advertising partners websites. Though we are tied up with various advertising and affiliate networks, this does not affect our analysis or opinion. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you, or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish sponsored articles or links, you may consider all articles or links hosted on our site as a partner endorsed link.

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