Cover Technologies Inc. (COVE.CN)
- GlobeNewswire
Cover Technologies Announces Execution of Definitive Agreement for Business Combination
VANCOUVER, British Columbia, Nov. 15, 2022 (GLOBE NEWSWIRE) -- Cover Technologies Inc. (the “Company”) (CSE: COVE) (OTC: MGPRF) (Frankfurt: 304A) is pleased to announce that, further to its news release dated October 4, 2022, it has entered into an assignment agreement (the “Agreement”) with 1346487 B.C. Ltd. (“NumberCo”) and PlasCred Inc. (“PlasCred”), pursuant to which the Company has agreed to enter into an assignment agreement (the “Assignment”) of a securities exchange agreement dated Augus
- Reuters
Sanctions tighten screws on Russia's Sovcomflot as ship insurers cut cover
Western ship insurers are terminating cover for Russia's leading shipping company Sovcomflot as multiple sanctions start to bite, companies involved say, adding to the growing challenges for the state-owned company and Moscow's efforts to export oil and gas. Russia's maritime sector is seeing the wind down of multiple services, including ship certification by leading foreign providers - vital for accessing ports and securing insurance - shipping companies pulling out and ship engine makers suspending training on their equipment after Moscow's invasion of Ukraine.
