Day: March 19, 2020
Working Closely with ECommerce Partners to Ensure Delivery Continuity Amid COVID-19WEST PALM BEACH, FLORIDA, March 19, 2020 (GLOBE NEWSWIRE) — via NEWMEDIAWIRE — Transportation and Logistics Systems, Inc. (OTC: TLSS), (“TLSS”, or the “Company”), a leading eCommerce fulfillment service provider, announced today that it has taken several immediate steps to address the heightened logistical demands of its ecommerce partners and the general public as a result of the current Coronavirus pandemic.According to Frank Mazzola, Chief Operating Officer of PrimeEFS and ShypDirect, TLSS’ delivery brands, “TLSS is partnering with its customers, which includes some of the leading eCommerce companies in the world, to enable them to fulfill their delivery commitments and ensure people have the vital supplies they need during this...
CLUNY CAPITAL ANNOUNCES TERMINATION OF PROPOSED QUALIFYING TRANSACTION
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TORONTO, March 19, 2020 (GLOBE NEWSWIRE) — Cluny Capital Corp. (the “Company”) (TSXV:CLN.H), a capital pool company pursuant to Policy 2.4 of the TSX Venture Exchange (the “TSXV”), announces the termination of its definitive amalgamation agreement with Xebra Brands Ltd. for the proposed combination of the businesses of the two companies. The transaction was intended to constitute the Company’s Qualifying Transaction (as such term is defined by the TSXV). The common shares of the Company will commence trading on the TSXV once approved by the TSXV.The Company does not have any operations and has no assets other than cash. The Company’s business is to identify and evaluate businesses and assets with a view to completing a Qualifying Transaction under the policies of the TSXV.For further information:Cluny Capital Corp.Michael Frank, Chief...
ORCA EXPLORATION GROUP INC. PROVIDES UPDATE ON COVID-19 STRATEGY
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TORTOLA, British Virgin Islands, March 19, 2020 (GLOBE NEWSWIRE) — Orca Exploration Group Inc. (“Orca” or the “Company” including its subsidiaries and affiliates) (TSX-V: ORC.A, ORC.B) today is announcing that it has taken several steps to limit the impact of the COVID-19 virus on its operations in Tanzania and the health of its employees.It has been reported that there are now three confirmed cases of COVID-19 in Tanzania, all of whom are foreign nationals or have recently returned from Europe. The Government of Tanzania is reported to be considering control measures which may include restricting access to the country and enforcing self-quarantine for some entrants. The Company and its subsidiary, PanAfrican Energy Tanzania Limited (“PAET”) have taken action to mitigate the operational impact of the COVID-19...
Extendicare Announces Suspension of its Dividend Reinvestment Plan
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MARKHAM, Ontario, March 19, 2020 (GLOBE NEWSWIRE) — Extendicare Inc. (“Extendicare” or the “Company”) (TSX: EXE) today announced that it is suspending its Dividend Reinvestment Plan (“DRIP”) in respect of any future declared dividends until further notice. Accordingly, the dividend payable on April 15, 2020 to shareholders of record on March 31, 2020 will be the last dividend payment eligible for reinvestment by participating shareholders under the DRIP. Subsequent dividends will be paid only in cash. Upon reinstatement of the DRIP, plan participants enrolled in the DRIP at the time of its suspension who remain enrolled at the time of its reinstatement will automatically resume participation in the DRIP.“As governments, industries and citizens grapple with the COVID-19 pandemic, we at Extendicare are focused on doing all we can...
MOBI724 Global Solutions Acts to Maintain Progress during Unprecedented Global Economic Slowdown
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MONTREAL, March 19, 2020 (GLOBE NEWSWIRE) — Mobi724 Global Solutions Inc. (“Mobi724” or the “Company”) (TSX-V: MOS), a fintech company that offers a suite of integrated technology-agnostic, BI & AI powered card-linked offers & reward solutions announces today, that in light of the effects of COVID-19 pandemic on businesses around the world including in particular the retail, travel and banking sectors, Mobi724 is implementing a contingency plan, which involves a temporarily lay-off of members of its product customization team in Canada for 30 days.The Company has made a strategic decision intended to optimize cash flows and to preserve long-term shareholder value. The Company’s existing portfolio of clients will continue to receive uninterrupted service as they will continue to be served by team members located in Montreal...
MOBI724 Global Solutions agit pour maintenir son progrès pendant un ralentissement économique mondial sans précédent
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MONTRÉAL, 19 mars 2020 (GLOBE NEWSWIRE) — Solutions Globales MOBI724 inc. (« Mobi724 » ou la « Société ») (TSX-V:MOS), une société de fintech qui propose une suite entièrement intégrée de solutions liées aux cartes de paiement, à l’intelligence artificielle et à l’intelligence d’affaires, annonce aujourd’hui qu’à la lumière des effets de la pandémie de COVID-19 sur les entreprises à travers le monde, y particulièrement dans les secteurs de la vente au détail, des voyages et des banques, Mobi724 met en œuvre un plan d’urgence, qui implique une mise à pied temporaire des membres de son équipe de personnalisation des produits dans Canada pendant 30 jours.La Société a pris une décision stratégique visant à optimiser les flux de trésorerie et à préserver la valeur actionnariale à long terme. Le portefeuille actuel de...
IntriCon Appoints Heather Rider to its Board of Directors
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ARDEN HILLS, Minn., March 19, 2020 (GLOBE NEWSWIRE) — IntriCon Corporation (NASDAQ: IIN), a designer, developer and manufacturer of miniature interventional, implantable and body-worn medical devices, today announced the appointment of Heather Rider to the company’s Board of Directors, effective March 20, 2020.“I am delighted to welcome Heather to our board of directors,” said Mark Gorder, president and chief executive officer of IntriCon. “One of the top priorities we identified for 2020 is to implement an organizational structure that best aligns with our focus on driving a sustainable pipeline of growth opportunities. Heather has the ideal background given her rich experience guiding successful medical technology companies and we are confident she can immediately add valuable insights that will help us achieve our goals.”Ms....
2020 Women on Boards Honors Tabula Rasa HealthCare for Having at Least 20% Women on its Corporate Board
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MOORESTOWN, N.J ., March 19, 2020 (GLOBE NEWSWIRE) — Tabula Rasa HealthCare, Inc. (“TRHC”) (NASDAQ: TRHC). 2020 Women on Boards, the premier global education and advocacy campaign committed to increasing the number of women on corporate boards, has recognized TRHC as a Winning “W” company, because its 2019 corporate board had at least 20% women directors. TRHC has five female directors out of nine total board members, 55% of its corporate board seats. 2020 Women on Boards (2020WOB) annually tracks, analyzes and reports on the progress of numbers of women on the Russell 3000 company boards. As a campaign dedicated to education and collaboration, 2020WOB recognizes companies that exhibit good corporate governance. A “Winning” company is identified among Russell 3000 public corporations for having achieved the goal of...
Sales Surge as Nevada Cannabis Industry is Deemed Essential
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Las Vegas, NV, March 19, 2020 (GLOBE NEWSWIRE) — via NEWMEDIAWIRE — MJ Holdings, Inc. (OTCPK: MJNE) (the “Company”), a leader in the Nevada cannabis market, is making every effort and taking all precautions to ensure that our employees and customers remain safe during the current Covid-19 pandemic. Although we already operate in a sterile controlled environment, we have instituted additional sanitation protocols and updated our product handling procedures at our cultivation facility in the Amargosa Valley of Nevada.With the recent long lines at the majority of Las Vegas cannabis dispensaries we have taken steps to reserve sufficient marijuana product to safely and adequately supply our dispensary customers so that they may continue to provide for their medical marijuana patients. “While Las Vegas is very dependent on tourism,...
BioXcel Therapeutics Provides an Update on its Ongoing Phase 3 SERENITY Trials
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More than one-third of the SERENITY I & II patients have been dosed, including over 100 bipolar patientsOn track to report topline data from both studies in mid-2020NEW HAVEN, Conn., March 19, 2020 (GLOBE NEWSWIRE) — BioXcel Therapeutics, Inc. (“BTI” or “Company”) (Nasdaq: BTAI), a clinical-stage biopharmaceutical company utilizing artificial intelligence to identify improved therapies in neuroscience and immuno-oncology, today announced that more than one-third of the patients in the Phase 3 SERENITY trials have been enrolled and treated. To date, the company has not observed a change in enrollment rates resulting from the COVID-19 pandemic, and currently maintains previous guidance that SERENITY I & II are expected to be completed by mid-year 2020.“Despite the current situation with COVID-19, we remain on track with...