Day: December 24, 2019

Octopus Apollo VCT Plc(the “Company”)24 December 2019Acquisition of stake in Zynstra LimitedThe Board of Octopus Apollo VCT plc is pleased to announce that terms have been agreed for the acquisition of its stake in Zynstra Ltd, a business which delivers cloud managed IT infrastructure for Small-Medium Enterprises on a subscription based model, available with the installation of minimal hardware.The Company was one of the first institutional investors in Zynstra Ltd in 2013, and participated in three further investment rounds.The acquisition of this stake in Zynstra Ltd demonstrates the important role that VCTs play in helping to build great businesses that leverage technology to make a difference to end consumers in the products and services they provide.For further information please contact:Richard CourtOctopus Investments...

ALMONTE, Ontario, Dec. 24, 2019 (GLOBE NEWSWIRE) — 3 Sixty Risk Solutions Ltd. (“3 Sixty” or the “Company”) (CSE: SAFE) (OTCQB: SAYFF) (FSE: 62P2), which operates through its wholly-owned subsidiary, 3 Sixty Secure Corp., calls for increased regulation of cannabis transport and security in light of recent industry theft, and provides overview of services in relation to safe and secure movement of cannabis within Canada.“The recent theft of a legal producer’s cannabis held in-transit by a third-party provider highlights the necessity for cannabis-specific secure transport within the chain-of-custody as a critical risk-mitigation initiative,” said Thomas Gerstenecker, founder and CEO of 3 Sixty. “While Health Canada has published important and useful guidance on cannabis transportation,...

CAMBRIDGE, Mass., Dec. 24, 2019 (GLOBE NEWSWIRE) — Momenta Pharmaceuticals, Inc. (NASDAQ: MNTA), today announced that Craig Wheeler, President and CEO, will present at the 38th Annual J.P. Morgan Healthcare Conference. The presentation is scheduled for Tuesday, January 14, 2020 at 3:00 p.m. PT (6:00 p.m. ET).Following the presentation, management will participate in a question and answer session at 3:30 p.m. PT (6:30 p.m. ET).A webcast of the presentation and question and answer session will be available live on the “Investors” section of the company’s website located at www.momentapharma.com. A replay of the presentation will be posted on the Momenta website approximately one hour after the event.About MomentaMomenta Pharmaceuticals is a biotechnology company with a validated innovative scientific platform focused...

VANCOUVER, British Columbia, Dec. 24, 2019 (GLOBE NEWSWIRE) — Conifex Timber Inc. (“Conifex“) (TSX: CFF) today announced that it has entered into a share purchase agreement with an affiliate of Resolute Forest Products Inc. for the sale by Conifex of its US sawmill business, consisting of its El Dorado, Cross City and Glenwood sawmills and related operations. The purchase price, payable in cash, is US$163 million plus net working capital at closing.Ken Shields, Conifex’s President and CEO, stated:  “Successful completion of the transaction positions us to retire our entire lumber segment borrowings and strengthens our balance sheet.  With greater financial stability, we will be focused on enhancing the performance of our lumber manufacturing and power generation businesses in Mackenzie, BC.” Mr....

PISCATAWAY, N.J., Dec. 24, 2019 (GLOBE NEWSWIRE) — Hammer Fiber Optics Holdings Corp (OTCQB: HMMR) announced operating and financial results for the first quarter ended October 31, 2019. “Hammer continued to make significant progress during the period toward implementing its Everything Wireless strategy,” said Erik Levitt, Hammer’s CEO. Hammer completed the implementation of the first wireless point-of-presence in Freetown, Sierra Leone. It began the consolidation of its south-east data center assets into Huntsville, Alabama, in advance of the planned construction of the first wireless POP in the market, and furthered completion of its networks in the Caribbean markets. Hammer reorganized Endstream Communications to re-position its operations toward providing services in the key international markets where...

MONTREAL, Dec. 24, 2019 (GLOBE NEWSWIRE) — Moose Cree First Nation (“MCFN”), and NioBay Metals  Inc.  (“NioBay”)  (TSX-V. NBY) are pleased to announce that they have signed a Protection Agreement (“PA”).  The PA allows NioBay to proceed with its planned winter 2020 drilling program at the James Bay Niobium Project site.This PA provide a framework for beginning to build a mutually cooperative, respectful, and beneficial relationship between the Parties, including a mechanism for effective communication, information exchange, and meaningful discussion respecting the drilling program. The PA also outlines how the Parties will collaborate to ensure the exploration program is executed with high environmental and safety standards while respecting MCFN aboriginal and treaty rights.“We...

VANCOUVER, British Columbia, Dec. 24, 2019 (GLOBE NEWSWIRE) — Intrinsyc® Technologies Corporation (TSX: ITC and OTCQX: ISYRF) (“Intrinsyc” or the “Company”), a leading provider of solutions for the development of embedded and Internet of Things (“IoT”) products, today announced the receipt of orders, last week, from multiple clients that are in aggregate valued at US$797,000. Orders for the Company’s Open-Q™ embedded computing modules are valued at US$475,000 and orders for IoT product development services are valued at US$322,000.  Included in the orders was a hardware order for a new client that is beginning commercial shipments of a camera device and a new product development agreement for a medical device company that is building a device based on the Company’s...

HALIFAX, Nova Scotia, Dec. 24, 2019 (GLOBE NEWSWIRE) — Ucore  Rare  Metals  Inc.  (TSXV:  UCU) (OTCQX: UURAF) (“Ucore” or the “Company”) is pleased to announce that it has partnered with Materion Corporation of Ohio (NYSE: MTRN) (“Materion”) to respond to an open U.S. Government solicitation for a strategic assessment of the domestic heavy rare earth element (“Heavy REE” or “HREE”) market, in conjunction with an engineering evaluation of the viability of HREE separation capabilities at various sites within the United States.Ucore and Materion have signed a memorandum of understanding to establish a rare earth consortium (the “Consortium”) for the purpose of preparing and submitting a bid to the U.S. Industrial Base Analysis and Sustainment...

BRISBANE, Calif., Dec. 24, 2019 (GLOBE NEWSWIRE) — CareDx, Inc. (Nasdaq: CDNA), a leading precision medicine company focused on the discovery, development and commercialization of clinically differentiated, high-value healthcare solutions for transplant patients and caregivers, today announced that, as an inducement material to entering into employment with CareDx, on December 23, 2019, 41 new employees were awarded grants of stock options to purchase 45,100 shares of common stock and restricted stock units (RSUs) for 13,100 shares of common stock. The stock options and RSUs were granted pursuant to the Company’s 2019 Inducement Equity Incentive Plan, which was approved by the Compensation Committee of the Board of Directors in August 2019 under Nasdaq Listing Rule 5635(c)(4).The RSUs vest over four years, with 25% of...

THIS NEWS RELEASE IS NOT FOR DISSEMINATION IN THE UNITED STATES OR TO U.S. PERSONS.LOS ANGELES and TORONTO, Dec. 24, 2019 (GLOBE NEWSWIRE) — The Tinley Beverage Company Inc. is pleased to announce that, in anticipation of its Long Beach facility receiving a cannabis manufacturing license, it has appointed a new auditor that is willing to work with companies that are engaging in cannabis-related activities in the United States.  The Company is also pleased to announce today’s closing of the final tranche of its Offering and the issuance of options for employees, officers and directors.  As such, the Company announces the appointment of Zeifmans LLP (“Zeifmans”) as its auditor, effective December 23, 2019.  After being advised that Liptons LLP would not provide auditing services to Tinley as a result...