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Showing posts from June, 2021

Bioasis Technologies Inc. and Oxyrane UK Ltd. enter into a Research Collaboration

Bioasis is a pre-clinical, research-stage biopharmaceutical company developing a proprietary xB 3™  platform technology for the delivery of therapeutics across the blood-brain barrier (BBB) and the treatment of CNS disorders in areas of high unmet medical need, including brain cancers and neurodegenerative diseases. Read More from Financial Post https://ift.tt/3qFYUvs

Synchronoss Announces Closing of $235 Million of Common Stock and Senior Notes Offerings

BRIDGEWATER, N.J. , June 30, 2021 (GLOBE NEWSWIRE) -- Synchronoss Technologies, Inc.  (NASDAQ: SNCR), a global leader and innovator of cloud, messaging and digital solutions, today announced that on June 29, 2021 it closed an underwritten public offering of 42,307,692 shares of common stock, which included 3,846,154 shares issued in connection with the underwriters’ option to purchase additional shares, at a price to the public of $2.60 per share, for gross proceeds of approximately $110 million. The Company also announced that on June 30, 2021 it closed an underwritten public offering of $125 million aggregate principal amount of 8.375% senior notes due 2026, which included $5 million aggregate principal amount of senior notes issued in connection with the underwriters’ option to purchase senior notes. Gross proceeds for both offerings are exclusive of underwriting discounts and commissions and estimated offering expenses payable by the Company. Read More from Financial Post https:/

Sonoco Enters into New $750 Million Revolving Credit Facility

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POINT Biopharma Debuts as Publicly Traded Next-Generation Radiotherapeutics Company

INDIANAPOLIS, June 30, 2021 (GLOBE NEWSWIRE) -- POINT Biopharma Inc. (“POINT”), a company accelerating the discovery, development and global access to radiopharmaceuticals, today announced the completion of its business combination with Therapeutics Acquisition Corp., d/b/a Research Alliance Corp. I (Nasdaq: RACA) (“RACA”), a special purpose acquisition company (“SPAC”), sponsored by RA Capital Management. POINT Biopharma Global Inc. (“New POINT”), the resulting combined company, will commence trading shares of its common stock on the Nasdaq Capital Market (the “NASDAQ”) under the ticker symbol “PNT” on July 1, 2021. Read More from Financial Post https://ift.tt/3dxDeMF

ProntoForms Corporation Announces Option Plan Amendment

About ProntoForms Corporation ProntoForms is the global leader in field-focused low-code application platforms for enterprise. The Company's solution is used to create apps and forms to collect and analyze field data with smartphones and tablets – either as a standalone solution or as a mobile front-end to enterprise systems of record.  Read More from Financial Post https://ift.tt/3du7aJB

Urbanimmersive Acquires Real Estate Photography Agencies EGP Technovirtuel, La Clique Mobile and Graphique ID

SAINT-HUBERT, Quebec, June 30, 2021 (GLOBE NEWSWIRE) -- Urbanimmersive Inc. (“Urbanimmersive”, the “Company” or “UI”) (TSX VENTURE: UI) (OTCQB: UBMRF) is pleased to announce today having completed the acquisition of all of the outstanding shares of real estate photography agencies EGP Technovirtuel Inc. ("EGP") and Graphique ID Solutions Inc. ("Graphique ID") and all of the intangible assets of La Clique Mobile s.e.n.c. ("Clique Mobile") for an aggregated purchase price of $3.03M, including $1.77M payable in cash immediately, $100k payable in 100 days and $1.16M payable through the immediate issuance of 6.6M shares of the Company at a price of $0.175 per share. All shares issued are subject to a four-month-and-a-day hold period until October 31, 2021, with 5.7M of the shares issued subject to 18-months lock-up period until December 31, 2022. The acquisition of those three real estate photography businesses is a first step of the accelerated growth plan ann

Crew Energy to Present at TD Securities Calgary Energy Conference

CALGARY, Alberta, June 30, 2021 (GLOBE NEWSWIRE) -- Crew Energy Inc. (TSX: CR, OTC: CWEGF) (“Crew” or the “Company”), a growth-oriented natural gas weighted producer focused in the world-class Montney play in northeast British Columbia, today announced that the Company will present at the TD Securities Calgary Energy Conference on July 6 th , 2021. Read More from Financial Post https://ift.tt/2UWgEXx

Organic Garage Reports First Quarter Results

TORONTO -- Organic Garage Ltd. (“ Organic Garage ” or the “ Company ”) ( TSXV: OG, OTCQX: OGGFF, FRA: 9CW1 ), one of Canada’s leading independent organic grocers, is pleased to announce the Company’s financial results for the quarter ended April 30, 2021 (“Q1”). The Company has a Fiscal Year End of January 31. Read More from Financial Post https://ift.tt/3dtwHlX

Bioasis Technologies Announces Closing of Initial C$3,000,000 Funding by Lind Partners

Under the Agreement, (i) Lind advanced to Bioasis C$3,000,000, less a closing fee of C$90,000, in consideration for the issuance of an uncertificated convertible security (the “ First Convertible Security ”) in the principal amount of C$3,000,000 and having an aggregate face value of C$3,600,000, and (ii) the Company issued to Lind 4,839,048 common share purchase warrants exercisable for 30 months from the date of issue at an exercise price of $0.41 per share. The proceeds from the issuance of the First Convertible Security will be used for general working capital. Read More from Financial Post https://ift.tt/3Aavp9e

Frequency Electronics, Inc. Announces Fourth Quarter Fiscal Year 2021 Results Revenue Increases 31% Year-Over-Year and 53% Over Q4 Fiscal Year 2020

MITCHEL FIELD, N.Y., June 29, 2021 (GLOBE NEWSWIRE) -- Frequency Electronics, Inc. (“FEI” or the “Company”) (NASDAQ-FEIM) is reporting revenues for the fiscal year ended April 30, 2021, of $54.3 million, compared to revenues of $41.5 million for fiscal 2020, ended April 30, 2020. Revenues for the three months ended April 30, 2021 and 2020 were $15.6 million and $10.2 million, respectively. Operating loss for fiscal year 2021 was $958,000 compared to an operating loss of $10.9 million for fiscal year 2020. Operating income for the three months ended April 30, 2021 was $100,000 compared to an operating loss of $3.7 million for the three months ended April 30, 2020. Net income for fiscal year 2021 was $680,000 or $0.07 per diluted share compared to net losses of $10.0 million or ($1.10) per share for fiscal year 2020. Net income for the three months ended April 30, 2021 was $1.4 million or $0.15 per diluted share compared to net loss of $3.0 million or ($0.33) per share for the three mont

Baytex to Present at TD Securities Virtual Energy Conference

CALGARY, Alberta, June 29, 2021 (GLOBE NEWSWIRE) -- Baytex Energy Corp. (TSX: BTE) is pleased to announce that Edward LaFehr, President and CEO, will be presenting at the TD Securities Virtual Energy Conference on Tuesday July 6, 2021 at 3:00 pm EDT. Interested parties can listen to the webcast via the following URL: Read More from Financial Post https://ift.tt/3y7PTgY

Pipestone Energy Corp. Reports Voting Results of Annual Shareholder Meeting and Issues Inaugural ESG Report

CALGARY, Alberta, June 29, 2021 (GLOBE NEWSWIRE) -- Pipestone Energy Corp. (“ Pipestone Energy ” or the “ Company ”) is pleased to report the results of its annual shareholder meeting and announce the release of its inaugural Environment, Social and Governance (“ ESG ”) report. Read More from Financial Post https://ift.tt/3y5IPBt

Logiq Partners with Mentalku to Offer Mobile Payment Services to Millions of Driver License Applicants Across Indonesia

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Eli Lilly resolves lobbyist’s sex discrimination lawsuit

Eli Lilly & Co has resolved a lawsuit filed in March by a former top lobbyist who accused a high-ranking executive and another senior manager of engaging in sexual discrimination, harassment and retaliation against women in its Washington, D.C., office, according to a court filing on Monday. Read More from Financial Post https://ift.tt/2UFJsDp

Start.ca Calls on Canadian Government to Overturn CRTC’s Surprise Flip-Flop on Wholesale Internet Rates

LONDON, Ontario -- London-based internet services provider Start.ca will be calling on the Government of Canada to overturn the outcome of a recent ruling by the Canadian Radio-television and Telecommunications Commission (or CRTC), in which the commission opted to reverse its 2019 decision to implement lower wholesale internet rates in Canada. Read More from Financial Post https://ift.tt/3ykbRxF

Segra International completes first export of Cannabis plantlets from Canada to the USA

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Omai Gold Mines closes non-brokered private placement

TORONTO, June 28, 2021 (GLOBE NEWSWIRE) -- Omai Gold Mines Corp. (TSX VENTURE:OMG) ("Omai" or the "Company") is pleased to announce that further to its press releases dated June 2, 2021 and June 8, 2021, the Company has closed its non-brokered private placement with a lead order from Silvercorp Metals Inc. (“Silvercorp”). The Company issued 29,411,757 units (the "Units") at a price of C$0.17 per Unit for aggregate gross proceeds of C$4,999,999. Each Unit consists of one common share (“Common Share”) and one-half of a common share purchase warrant. Two such half warrants constitute a full warrant (a “Warrant”). Each Warrant entitles the holder to acquire one Common Share at an exercise price of C$0.23 for a period of 36 months from the closing date of the Offering. Read More from Financial Post https://ift.tt/2SAFX0w

IGNITE Provides Corporate Update

VAUGHAN, Ontario -- IGNITE International Brands, Ltd. (CSE:BILZ, OTCQX: BILZF) (“ IGNITE ” or the “ Company ”), a global consumer packaged goods brand, today provided a corporate update of its activities for 2021. Read More from Financial Post https://ift.tt/3qv7cG8

NewHold Investment Corp. and Evolv Technology Announce Registration Statement Effectiveness and Scheduled Special Meeting to Approve Business Combination on July 15, 2021

WALTHAM, Mass. & NEW YORK -- NewHold Investment Corp. (NASDAQ: NHIC, “NewHold”), a publicly-traded special purpose acquisition company, and Evolv Technologies, Inc. (“Evolv Technology” or “Evolv”), the leader in AI touchless security screening, today announced that NewHold’s registration statement on Form S-4 (File No. 333-255017), relating to the previously announced merger of NewHold and Evolv (the “Business Combination”) has been declared effective by the U.S. Securities and Exchange Commission as of June 25, 2021. NewHold also announced that it will hold the extraordinary general meeting of stockholders (the “Special Meeting”) on July 15, 2021 at 8:00 AM ET to, among other things, allow its stockholders to vote to approve the proposed Business Combination with Evolv. The Special Meeting will be completely virtual and conducted via live webcast please visit nhicspac.com/proxyvote for more information. Read More from Financial Post https://ift.tt/2SwWFOb

U.S. biofuel groups urge EPA to curb oil refinery waivers despite ruling

NEW YORK -- U.S. biofuel and corn industry groups said on Monday they are urging the Environmental Protection Agency to use restraint in its use of waivers exempting refiners from their biofuel blending obligations after the Supreme Court last week upheld the controversial program. Read More from Financial Post https://ift.tt/3A3k1w1

Goldstar Acquires Claims Contiguous to Its Anctil Property In Québec

MONTRÉAL, June 28, 2021 (GLOBE NEWSWIRE) -- Goldstar Minerals Inc. (“Goldstar” or the “Corporation”) (TSX-V: GDM) is pleased to announce that it has entered into an agreement with Benoit Moreau to acquire a 100% interest in 40 claims contiguous to its Anctil property, located in Québec Canada, in consideration of the issuance of 400,000 common shares of the Corporation. Read More from Financial Post https://ift.tt/3jlQpDU

Idemitsu No. 55 Mazda Motorsports Mazda DPi Scores Big Win in Watkins Glen Six-Hour Endurance Race

WATKINS GLEN, N.Y., June 28, 2021 (GLOBE NEWSWIRE) -- The No. 55 Mazda Motorsports Mazda DPi RT24-P trio of Harry Tincknell, Oliver Jarvis and Jonathan Bomarito turned back a stout DPi field to win the Sahlen’s Six Hours of The Glen on Sunday. The six-hour endurance race was the fifth round of the 2021 IMSA WeatherTech SportsCar Championship. The Sahlen’s Six Hours is also the third of four WeatherTech Championship races that count toward the IMSA Michelin Endurance Cup. Read More from Financial Post https://ift.tt/3jnsdkH

Swiss Water Reports Voting Results From Annual General and Special Meeting Of Shareholders

VANCOUVER, British Columbia, June 28, 2021 (GLOBE NEWSWIRE) -- Swiss Water Decaffeinated Coffee Inc. ( TSX – SWP ) (“Swiss Water” or “the Company”) is pleased to announce voting results from its Annual General and Special Meeting held on June 25, 2021. Read More from Financial Post https://ift.tt/3y0ftVc

The pandemic has made laptops an indispensable tech commodity: Harish Kohli, president & MD, Acer India

Though some of these shifts are no doubt temporary, some are potentially long-term. As society moves beyond the survival mode, the digital adoption drive is likely to carry forward and become permanent and consumers making a more considered decision. from The Financial Express https://ift.tt/3djn2ys

Brookfield Business Partners to Acquire Modulaire Group

BROOKFIELD, News, June 27, 2021 (GLOBE NEWSWIRE) -- Brookfield Business Partners L.P. (NYSE:BBU) (TSX:BBU.UN) ("Brookfield Business Partners") together with institutional partners (collectively “Brookfield”) today announced an agreement to acquire Modulaire Group (“Modulaire”) for approximately $5 billion. Read More from Financial Post https://ift.tt/3w16fXe

Idea Exchange: If CM has made a suggestion, and I disagree, 100% I have gone with her point of view. But certain things are non-negotiable, says Bengal Governor Jagdeep Dhankhar

"I have not crossed the red line even once. But can I be a rubber stamp? Should I be a post office? Should I be sitting in Raj Bhavan at a time when Bengal is on fire, when the CBI office is under siege, when girls are being molested?" from The Financial Express https://ift.tt/3hbw0ie

Covid-19: Govts must build comprehensive work from home policies, says Union labour secretary Apurva Chandra

Delivering his concluding speech before the Governing Body in Geneva, Chandra said many employers were exploring options of WFH and also as a long-term opportunity to supplement present work arrangements, with a view to mitigate the challenges of Covid-19 pandemic. from The Financial Express https://ift.tt/368XUXj

Cronos Group Inc. Announces Results of 2021 Annual Meeting of Shareholders

TORONTO, June 25, 2021 (GLOBE NEWSWIRE) -- Cronos Group Inc. (NASDAQ: CRON) (TSX: CRON) (“Cronos Group” or the “Company”) announces that at its Annual Meeting of Shareholders held earlier today (the “Meeting”) there were 430 shareholders voting in person or by proxy holding in total 280,023,803 common shares of the Company, representing 75.35% of the total number of common shares of the Company outstanding. Read More from Financial Post https://ift.tt/3h3zS4V

Vervent Responds to Inaccurate Asset-Backed Alert Article

SAN DIEGO -- We were disappointed to see Asset Backed Alert (ABA) publish such a wholly inaccurate article with no basis in fact. The lack of credibility and integrity in their reporting was extraordinary given that ABA had been made aware that their information was incorrect and proceeded to publish the article anyway. Read More from Financial Post https://ift.tt/3gSjiWO

Convenience Wholesaler with 1,200-Store Network in GA, NC, SC, and AL Has Completely Pre-Sold its Initial Shipment of 15 TAAT™ Master Cases Before it Arrives

PSD is a division of Forte International Spirits Direct Distributing, which carries regional specialty brands of liquor and liqueur such as Jaan , Five O’Clock , Zapata , and Tennessee Crown . Operating on a direct-to-store delivery (“DSD”) basis, PSD carries a variety of convenience category products to include beverages, snacks, and specialty lifestyle goods. PSD distributes to approximately 1,200 retail stores including 800 convenience stores as well as liquor stores and independent chains of “cash-and-carry” markets, many of which already carry tobacco products. Approximately 90% of PSD’s accounts are located in the state of Georgia, though it also services retailers in North Carolina, South Carolina, and Alabama. Read More from Financial Post https://ift.tt/3vXGNlt

DATA Communications Management Corp. Report of Voting Results

BRAMPTON, Ontario -- DATA Communications Management Corp. (TSX: DCM) (“ DCM ” or the " Corporation ") today announced the report of voting results for the annual general meeting of shareholders (the “ Meeting ”) of DATA Communications Management Corp. (the “ Corporation ”) held on June 25, 2021. Read More from Financial Post https://ift.tt/3xVbOIo

Ambu Supports FDA’s Recommendations on the Use of Single-use Bronchoscopes

Read More from Financial Post https://ift.tt/3dgtPZx

Encouraging Women in Skilled Trades

SAINT JOHN, N.B., June 25, 2021 (GLOBE NEWSWIRE) -- Nine new graduates will join the ranks of the growing number of New Brunswick women choosing a career in the skilled trades. The Skilled Trades Exploration Program for Women’s class of 2021 (STEPW) marked the completion of their studies with a ceremony at NBCC-Saint John today. Read More from Financial Post https://ift.tt/3h86r1G

Diane Francis: Canadian Forces have right to know if they got COVID at the 2019 Military World Games in Wuhan

This week, lawmakers in the United States called for an investigation into whether the October 2019 Military World Games in Wuhan, China was a COVID-19 super-spreader event and whether officials should have known something was amiss, given that the city seemed unusually empty and was described by some participants as a “ghost town.” Read More from Financial Post https://ift.tt/3h45tn7

Mainframe Expands into 2D Series Production WOW!’s Mainframe Studios Diversifies Storytelling Capabilities

VANCOUVER, Canada, June 24, 2021 (GLOBE NEWSWIRE) -- Mainframe Studios, a division of WOW! Unlimited Media Inc. (“WOW!” or the “Company”) (TSXV: WOW; OTCQX: WOWMF), expands the diversity of their content with a dedicated 2D Pipeline. The award-winning CG animation studio is elevating their creative roster with a newly appointed team of 2D animation storytellers. Read More from Financial Post https://ift.tt/3ddZn2p

Sonoco Reduces Pension Obligation by Approximately $1.4 Billion with Purchase of Group Annuity Contracts and Distribution of Lump-Sum Payments

Read More from Financial Post https://ift.tt/3jfK8cX

Wesana Health Partners with University of South Carolina Wesana To Fund and Develop Facility for Research and Product Development with ‘BrainStorm Lab’

TORONTO and CHICAGO, June 24, 2021 (GLOBE NEWSWIRE) -- Wesana Health Holdings Inc. (“Wesana” or the "Company”) (CSE: WESA) , an emerging data driven life sciences company focused on developing innovative approaches for better understanding, protecting and improving neurological health and performance, including through the advancement of psychedelic medicines, today announced a partnership with the University of South Carolina (“UofSC”)to develop and build a bespoke facility for advanced research and product development related to treating traumatic brain injury (TBI) and improving neurological performance. Read More from Financial Post https://ift.tt/3qoOhN9

Search Minerals Selected to Participate in Government of Canada Accelerated Growth Service Initiative

VANCOUVER, British Columbia, June 24, 2021 (GLOBE NEWSWIRE) -- Search Minerals Inc. (“Search” or the “Company”) (TSXV: SMY) , is pleased to announce that Search Minerals has been selected to participate in the Government of Canada Accelerated Growth Service (“AGS”) initiative, which supports high growth companies. Read More from Financial Post https://ift.tt/3wVqVBq

ABC Technologies Holdings Inc. Announces the Closing of Majority Stake Sale to Funds Managed by Apollo Global Management

TORONTO -- ABC Technologies Holdings Inc. (TSX:ABCT) (“ ABC Technologies ”, “ ABC ” or the “ Company ”) announced today the closing of the previously announced transaction involving the sale of a majority stake in the Company by ABC Group Canada LP (“ ABC LP ”), an affiliate of funds managed by Cerberus Capital Management, L.P. (“ Cerberus ”) to certain investment funds (the “ Apollo Funds ”) managed by affiliates of Apollo Global Management, Inc. (NYSE:APO) (“ Apollo ”), pursuant to a share purchase agreement dated April 12, 2021 (the “ Agreement ”) among the Company, ABC LP and the Apollo Funds. Read More from Financial Post https://ift.tt/3d9y9cY

CPABC announces Board of Directors 2021/2022

VANCOUVER, British Columbia, June 24, 2021 (GLOBE NEWSWIRE) -- The Chartered Professional Accountants of British Columbia (CPABC) held its sixth Annual General Meeting virtually on June 23, 2021 and announced its Board of Directors for fiscal year 2021/2022. CPABC’s Board of Directors manages and directs CPABC pursuant to the  Act  and  Bylaws .      CPABC is pleased to announce  Karen Horcher, FCPA, FCGA  has been elected as Chair of the CPABC Board of Directors and is joined by  Sheila Nelson, CPA, CA , 1 st  Vice-Chair;  Christopher Gimpel, CPA, CA , 2 nd  Vice-Chair;   and John Mackenzie, CPA, CA , Treasurer on the Governance Committee. Joining the Governance Committee, the directors and government appointed public representatives are:   CPABC Board of Directors: John Bunting, FCPA, FCA, Director (Vancouver) Craig Elliott, CPA, CGA, Director (Surrey) Lisa Ethans, FCPA, FCA, Director (Vancouver) Peter Guo, CPA, CA, Director (Vancouver) Wendy Ham, CPA, CGA, Director (Vancouv

Corporate Update: FuelPositive Initiatives Progressing as Planned

“With extensive incoming shareholder inquiries over the last several weeks, we felt it would be helpful to provide a detailed update,” said FuelPositive CEO Ian Clifford. “We are in a strong position overall and are pleased with the opportunities unfolding for us to continue to build shareholder value in the company.” Read More from Financial Post https://ift.tt/3wXdEYZ

1844 Announces a Non-Brokered Private Placement

SASKATOON, Saskatchewan, June 24, 2021 (GLOBE NEWSWIRE) -- 1844 RESOURCES Inc. (TSX-V:EFF)  (the “ Company ” or “ 1844 ”) announces that it intends to complete a non-brokered private placement for proceeds of up to $375,000, for a total of 7,500,000 shares. Management and insider will participate for 8% of the non-brokered private placement. Read More from Financial Post https://ift.tt/3xQzdKR

Erdene Announces Results of Annual Meeting of Shareholders

HALIFAX, Nova Scotia, June 23, 2021 (GLOBE NEWSWIRE) -- Erdene Resource Development Corporation (TSX:ERD | MSE:ERDN) (“ Erdene ” or the “ Company ”) is pleased to announce its shareholders voted in favour of all items of business brought before them at the Company's Annual Meeting of Shareholders (“Meeting”) held on June 23, 2021 in Halifax, Nova Scotia. Details of the Meeting are provided below. Read More from Financial Post https://ift.tt/3d9u9Jz

Vanguard Announces Cash Distributions for the Vanguard ETFs (VAB, VSB, VSC, VLB, VCB, VGV, VRIF, VRE, VDY, VCE, VCN, VE, VIU, VI, VIDY, VA, VCNS, VBAL, VGRO and VCIP)

TORONTO , June 23, 2021 (GLOBE NEWSWIRE) -- Vanguard Investments Canada Inc. today announced the final June 2021 cash distributions for certain Vanguard ETFs, listed below, that trade on Toronto Stock Exchange (TSX). Unitholders of record on July 02, 2021 will receive cash distributions payable on July 09, 2021. Details of the “per unit” distribution amounts are as follows:   Read More from Financial Post https://ift.tt/2TVXoZQ

Revolution Entertainment Services Announces New Production Budgeting Platform, TrueBudget

LOS ANGELES -- Revolution Entertainment Services (“Revolution”) today announced TrueBudget, a new production budgeting platform. TrueBudget is an easy to use budgeting and actualizing platform specifically designed for short form productions; commercials, promos, music videos and offers a new way for producers to increase productivity for entire teams. Read More from Financial Post https://ift.tt/3ql5BCQ