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Month: March 2020

Sprott Resource Holdings Inc. Business Update and Reports 2019 Annual Results

TORONTO, March 25, 2020 (GLOBE NEWSWIRE) — (TSX: SRHI) – Sprott Resource Holdings Inc. (“SRHI” or the “Company“) today announced its operating and financial results for the year ended December 31, 2019. The Company’s principal operating business is its 70% equity interest in the producing copper mine Minera Tres Valles (“MTV“) in Salamanca, Chile. The Company’s financial statements and management’s discussion and analysis (“MD&A“) are available at www.sprottresource.com and www.sedar.com.“The events currently unfolding in our global society are generational and moving at a pace unmatched in recent history,” stated Michael Harrison, Interim President and CEO of SRHI. “The outbreak of the Coronavirus (COVID-19) has created near-term copper...

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Microbix Annual General Meeting Process Update

MISSISSAUGA, Ontario, March 25, 2020 (GLOBE NEWSWIRE) — Microbix Biosystems Inc. (TSX: MBX, Microbix®), a life sciences innovator making critical ingredients that enable the production of clinical diagnostics and creating medical devices that help ensure test accuracy, provides an update about its Annual General Meeting (“AGM”).   The AGM will still be held on March 31, 2020 at 1:00 pm, however due to the closure of our planned venue and alternative venues, we will be proceeding with access being provided online or via teleconference only.Due to the COVID-19 pandemic, Microbix also wants to avoid the need for in-person attendees at this year’s AGM, a goal enabled by setting-up an online link to allow shareholders to listen to the AGM and view a CEO presentation.  Microbix will also provide a teleconference number, so that shareholders...

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Saturn Oil & Gas Inc. Provides Corporate Update and Confirms Response to COVID-19

CALGARY, Alberta, March 25, 2020 (GLOBE NEWSWIRE) — Saturn Oil & Gas Inc. (“Saturn” or the “Company”) (TSX.V: SOIL) (FSE: SMK) today provides a corporate update in response to recent market volatility caused by the COVID-19 pandemic and the continued oil price weakness. Saturn is pleased to confirm that in the interests of managing risk through an uncertain environment, the Company has secured a fixed price hedge on production of 400 barrels (“bbl”) of oil per day at CAD $65.40 per bbl through February, 2021.  With this hedge, Saturn has increased its financial flexibility by securing a fixed price on approximately 50% of its current production volumes.Consistent with many industry peers, the Company also confirms its intention to shift Saturn’s 2020 capital allocation strategy from organic drilling...

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Jushi Holdings Inc. Provides Shareholder Update on Operations

Month-to-date company-wide retail revenues in March have increased ~70% sequentially to ~$3 millionAll stores remain open in Pennsylvania and IllinoisJushi is prioritizing its medical patients and customers most susceptible to COVID-19BOCA RATON, Fla., March 25, 2020 (GLOBE NEWSWIRE) — Jushi Holdings Inc. (“Jushi” or the “Company”) (CSE: JUSH) (OTCQX: JUSHF), a globally focused, multi-state cannabis and hemp operator, today is providing shareholders with an update on its operations during the month of March, and its company-wide response to COVID-19. Jushi maintains that the health and safety of its patients, customers and employees is the Company’s number one priority during this global crisis.As of March 25th, Jushi’s dispensaries received the “life-sustaining” business designation in Pennsylvania and the “essential services”...

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Reliq Health Technologies, Inc. Announces New Contract with MedTech Evolutions, LLC to Provide its iUGO Care Platform to over 27,000 patients in Alabama, Illinois, Mississippi and Tennessee

HAMILTON, Ontario, March 25, 2020 (GLOBE NEWSWIRE) — Reliq Health Technologies Inc. (TSXV:RHT or OTCQB:RQHTF) (“Reliq” or the “Company”), a technology company that develops innovative mobile health (mHealth) and telemedicine solutions for Community-Based Healthcare, today announced that it has signed a contract with MedTech Evolutions, LLC (“MedTech”) in Kentucky, USA, to provide its iUGO Care platform to over 27,000 eligible Medicare patients in Alabama, Illinois, Mississippi and Tennessee.“We are thrilled to be working with MedTech Evolutions to bring our iUGO Care platform to their clients,” said Dr. Lisa Crossley, CEO of Reliq Health Technologies, Inc. “MedTech’s clients provide care to over 27,000 chronic disease patients in Alabama, Illinois, Mississippi and Tennessee.  We will be deploying our Remote Patient Monitoring (RPM),...

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FLYHT Shares Strategic Response to COVID-19 Challenge

CALGARY, Alberta, March 25, 2020 (GLOBE NEWSWIRE) — FLYHT Aerospace Solutions Ltd. (TSX-V: FLY) (OTCQX: FLYLF) (the “Company” or “FLYHT”) is sharing details of the actions the Company is taking to protect the health of its employees and fortify its operations during the COVID-19 pandemic.To safeguard its employees during this pandemic, FLYHT has instituted a company-wide travel ban and is isolating all employees who recently travelled internationally. Many of the Company’s employees are continuing their work remotely, which not only mitigates the risk of potential exposure to the virus but ensures all FLYHT’s systems and services continue to function seamlessly for customers.While most industries have felt the effects of COVID-19, the pandemic has substantially impacted commercial aviation. Since early January, daily departures...

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ORYX Gaming Delivers Virtual Sports, Live Dealer and Casino Content to Betcris

TORONTO, March 25, 2020 (GLOBE NEWSWIRE) — ORYX Gaming, a Bragg Gaming Group company (TSXV: BRAG, OTC:BRGGF), has extended its partnership with Betcris following the successful launch of ORYX’s content with Lotería Nacional de Ecuador, Betcris’ B2B client.The strengthened collaboration will see Betcris use ORYX Hub platform to launch new online casino games and live-dealer tables, as well as a variety of virtual sports across several regulated markets. The deal will greatly enhance the company’s offering and allow Betcris to upgrade its promotional activities with the use of the ORYX Data Analytics Platform and a variety of player engagement tools. These include real time promotions, leaderboards, tournaments and jackpots. With the added benefit of ORYX Hub platform tools and features, Betcris is going to be able to improve its...

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Robit Plc: ROBIT PLC’S BOARD OF DIRECTORS HAS DECIDED ON SHARE-BASED INCENTIVE SCHEME FOR KEY PERSONNEL OF THE COMPANY

ROBIT PLC                 STOCK EXCHANGE RELEASE             25.3.2020 AT 12.55ROBIT PLC’S BOARD OF DIRECTORS HAS DECIDED ON SHARE-BASED INCENTIVE SCHEME FOR KEY PERSONNEL OF THE COMPANYRobit Plc has decided on share-based incentive scheme for key personnel. The purpose of the variable long-term incentive scheme is to encourage key personnel to implement the company’s important strategic objectives. The targets are based on Robit Plc’s long-term strategic goals in a way that they strive to promote Robit Plc’s long-term financial successIncentive scheme covers years 2020-2022. The scheme has three elements: own investment of the key personnel in Robit shares (base share plan), reward shares by the company (matching share plan) and performance-based additional share plan (performance matching plan). Share-based incentive scheme...

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Robit Oyj: ROBIT OYJ:N HALLITUS ON PÄÄTTÄNYT OSAKEPOHJAISESTA KANNUSTINJÄRJESTELMÄSTÄ YHTIÖN AVAINHENKILÖILLE

ROBIT OYJ            PÖRSSITIEDOTE           25.3.2020 KLO 12.55ROBIT OYJ:N HALLITUS ON PÄÄTTÄNYT OSAKEPOHJAISESTA KANNUSTINJÄRJESTELMÄSTÄ YHTIÖN AVAINHENKILÖILLERobit Oyj:n hallitus on päättänyt avainhenkilöiden osakepohjaisesta kannustinjärjestelmästä. Pitkän aikavälin muuttuvan palkitsemisjärjestelmän tarkoituksena on kannustaa avainhenkilöitä saavuttamaan yhtiön strategisesti tärkeät tavoitteet. Tavoitteet perustuvat Robit Oyj:n pitkän aikavälin strategisiin tavoitteisiin siten, että niillä edistetään yhtiön pitkänaikavälin taloudellista menestystäOsakeohjelma käsittää vuodet 2020-2022. Osakeohjelmassa on kolme osatekijää: avainhenkilön oma sijoitus yhtiöön (base share plan), yhtiön lisäosakekannustin (matching share plan) sekä suoriteperusteinen lisäosakeohjelma (performance matching plan). Osakepalkkiojärjestelmän kohderyhmään kuuluu...

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FourKites Acquires TrackX Yard Solutions to Create Dynamic Yard – the Industry’s First Real-Time Yard Management and Visibility Solution

CHICAGO, March 25, 2020 (GLOBE NEWSWIRE) — FourKites®, the market-leading supply chain visibility platform, today announced that it is acquiring TrackX Holdings Inc.’s (TSX.V:TKX | OTC: TKXHF | FSE :3TH) yard management solutions in order to create Dynamic YardSM, a new supply chain visibility solution that extends real-time visibility into the yard. By integrating FourKites real-time logistics data and predictive ETAs with TrackX’s leading yard management products, enterprises will – for the first time – be able to proactively manage yards and warehouses based on real-time signals from trucks in-transit and trucks on-site.Specifically, FourKites has acquired TrackX’s Yard Management, Dock Management and Gate Control solutions. These solutions are highly scalable, serving the smallest facilities up to multiple enterprise...

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