Day: March 27, 2020

TORONTO, March 27, 2020 (GLOBE NEWSWIRE) — Dream Industrial REIT (TSX: DIR.UN) (“Dream Industrial REIT” or the “Trust”) announced today that, in response to the market disruption caused by the COVID-19 pandemic, it has suspended its Distribution Reinvestment and Unit Purchase Plan (the “DRIP”) effective as of the distribution payable on April 15, 2020 to unitholders of record as at March 31, 2020 (the “March Distribution”). The DRIP will remain suspended until further notice and commencing with the March Distribution, distributions of the Trust 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.“We are in constant communications with our lenders, tenants...

NEW YORK and TORONTO, March 27, 2020 (GLOBE NEWSWIRE) — NexTech AR Solutions (NexTech) (OTCQB: NEXCF) (CSE: NTAR) (FSE: N29), the leader in augmented reality for e-commerce and AR learning applications, reports that it has completed its audited financials for 2019, reporting over $6.0 million in gross revenue and 53% gross profit of $3.2 million for the 2019, 12-month calendar year. For the seven month audited period beginning May 31st and ending December 31st 2019 the company reported $4.0 million in revenue with gross profits of $2.3 million.LIQUIDITY AND CAPITAL RESOURCESNexTech had cash of $2.8 million and a positive working capital of $3.3 million as of December 31, 2019.NexTech CEO Evan Gappelberg comments, “We are very fortunate that we have an amazing team that continues to execute on generating revenue and scaling our multiple...

In the shadow of current uncertainties due to COVID-19, the HMS Networks AB Nomination Committee has resolved to amend its proposal to the Annual General Meeting regarding the Board fee to the Chairman. The new proposal entails unchanged fees for all Board members, which means that the Chairman of the Board is also proposed to receive an unchanged fee of SEK 500,000.For more information, please contact: Johan Hjertonsson, Chariman of the Nomination Committee, Investment AB Latour, +46 (0)70 229 77 93HMS Networks AB (publ) is the leading independent supplier of solutions for industrial communication and the Industrial Internet of Things. HMS develops and manufactures products under the Anybus®, Ixxat®, Ewon® and IntesisTM brands. Development takes place at the headquarters in Halmstad, Ravensburg, Nivelles, Igualada, Wetzlar and Buchen....

Mot bakgrund av den osäkerhet som råder med anledning av Covid-19 har valberedningen för HMS Networks AB beslutat att ändra sitt förslag till årsstämman gällande styrelsearvode till styrelsens ordförande. Det nya förslaget innebär oförändrade arvoden till samtliga ledamöter, vilket innebär att styrelsen ordförande även vidare föreslås erhålla 500 000 kronor i arvode.För mer information, vänligen kontakta: Johan Hjertonsson, Valberedningens ordförande, Investment AB Latour, 070-229 77 93HMS Networks AB (publ) är en marknadsledande leverantör av lösningar för industriell kommunikation och Industrial Internet of Things, IIoT. HMS utvecklar och tillverkar produkter under varumärkena Anybus®, Ixxat®, Ewon® och IntesisTM. Utveckling sker på huvudkontoret i Halmstad, Ravensburg, Nivelles, Igualada, Wetzlar och Buchen. Lokal försäljning och support...

HOUSTON, March 27, 2020 (GLOBE NEWSWIRE) — Greenfields Petroleum Corporation (the “Company” or “Greenfields”) (TSX VENTURE: GNF), a production focused company with operating assets in Azerbaijan, announces that Vitol Energy (Bermuda) Ltd. (“Vitol”), the Company’s senior debt lender, has agreed to further amend the forbearance agreement executed on November 28, 2019 and previously amended on January 3, 2020 and March 16, 2020 (the “Forbearance Agreement“), by extending the forbearance period and deferred payments due under the senior secured loan agreement with the Company (the “Vitol Loan“) until April 30, 2020.In consideration for amending the Forbearance Agreement, the Company has agreed to move forward with a proposal for a debt to equity conversion of the unsecured debt and a portion of the senior secured...

TORONTO, March 27, 2020 (GLOBE NEWSWIRE) — Satori Resources Inc. (“Satori” or the “Company”) announces that, as part of its ongoing evaluation of the Tartan Lake Gold Mine Project in Manitoba, and further to its press release Satori Undertakes Gravity Concentration Testing on Tailings dated December 3, 2019, the Company is pleased to provide the following update.Assay results received from testing two ten-kilogram grab samples collected from stockpiled tailings material close to the discharge spigot at the Tartan Lake Gold Mine in the fall of 2019 ranged from 2.7 to 3.6 grams gold per tonne.  In order to better understand the economics of unrecovered minerals in the tailings pond, a series of four centrifugal gravity tests were conducted on one of the samples.  A report prepared by Denver based Global Resource Engineering Ltd. (Dr....

Over 95% planned enrollment completed in Phase 3 oGVHD study; topline results anticipated by end of 2020Conference Call and Webcast Today at 8:30 a.m. ETMALVERN, Pa., March 27, 2020 (GLOBE NEWSWIRE) — Ocugen, Inc. (NASDAQ: OCGN), a clinical-stage company focused on discovering, developing and commercializing transformative therapies to treat rare and underserved ophthalmic diseases, today reported full year 2019 financial results along with a general business update.“We are extremely pleased with the progress we have made in enrolling patients in our Phase 3 clinical trial for OCU300, an orphan drug candidate for ocular graft versus host disease (oGVHD). Based on current enrollment, we anticipate topline results by the end of the year,” commented Shankar Musunuri, PhD, MBA, Chairman, CEO and Co-Founder of Ocugen. “The publication...

Vancouver, B.C., March 27, 2020 (GLOBE NEWSWIRE) — via NEWMEDIAWIRE — CIBT Education Group Inc. (TSX: MBA, OTCQX International: MBAIF) (“CIBT” or the “Company”) reports that the Company was featured in the March 25, 2020 issue of the Globe and Mail newspaper in an article titled: “Student housing companies expanding despite pandemic.” To view the article, please visit the Globe and Mail website at https://www.theglobeandmail.com/real-estate/vancouver/article-student-housing-companies-expanding-despite-pandemic/About CIBT Education Group:CIBT Education Group Inc. is one of the largest education, and student housing investment companies in Canada focused on the global education market since 1994.  Listed on the Toronto Stock Exchange and U.S OTCQX International, CIBT owns business and language...

TORONTO, March 27, 2020 (GLOBE NEWSWIRE) — Equifax is continuing to closely monitor the rapidly evolving COVID-19 (Coronavirus) situation and its significant financial impact on consumers and businesses around the globe.  All businesses — particularly small and medium-sized businesses — are experiencing unprecedented disruption to supply and demand. As a result, the Canadian and global economies face significant economic contraction and a rapid increase in unemployment. As a leader in credit reporting, Equifax and its affiliates support millions of consumers and thousands of businesses across 24 countries. With this global perspective, the company sees and hears the hardships that people are experiencing every day. That’s why Equifax is actively working with creditors and lenders to minimize the effects this virus may have on consumers’...