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Month: March 2020

BIGG Digital Assets Inc. Subsidiary Netcoins Inc. In-App Trading Volumes Rise 120%+ Month Over Month

VANCOUVER, British Columbia, March 17, 2020 (GLOBE NEWSWIRE) — BIGG Digital Assets Inc. (“BIGG” or the “Company”)(CSE: BIGG; OTCQB: BBKCF; WKN: A2PS9W), owner of Netcoins Inc. (“Netcoins”), a leading Canadian cryptocurrency trading platform, is pleased to announce that its in-app trading volumes have grown by 2.2x (120%) during March 1 to 16, as compared to the first half of February 2019, reaching $1.87M in trades, exclusive of OTC volumes. March in-app trading volumes, by March 16th, had already exceeded that of the entire month of February.Unprecedented volatility and price movements have entered the traditional financial markets in response to COVID-19. The crypto markets have not been spared. During March, the Bitcoin price has fluctuated dramatically, with the two largest volume-trading days during...

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Hammer Fiber Optics Holdings Corp Announces Telefónica and Hammer Sign SMS Interconnection Agreement

PISCATAWAY, N.J., March 17, 2020 (GLOBE NEWSWIRE) — Hammer Fiber Optics Holdings Corp (OTCQB: HMMR) and Telefónica International Wholesale Services announced today that they have signed a bilateral SMS interconnection agreement allowing the exchange of Person-to-Person (P2P) SMS traffic worldwide. Telefónica will provide Hammer access to its global network of service providers, spanning all continents. Hammer will provide direct access to its carrier operations in the United States and other markets as they are brought online.P2P SMS are text messages sent from person to person over the mobile network using personal devices. Messages sent from applications such as ride share or notification services to the mobile network are commonly referred to as A2P messages.“We welcome the opportunity to partner with Telefónica, one of the largest...

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NORTHLAND POWER PROVIDES AN UPDATE ON DEUTSCHE BUCHT OFFSHORE WIND PROJECT

TORONTO, March 17, 2020 (GLOBE NEWSWIRE) — Northland Power Inc. (“Northland“) (TSX: NPI) today is providing an update regarding the installation of the two turbines utilizing mono bucket foundations (“Demonstrator Project“) at its Deutsche Bucht offshore wind project. As announced on February 25, 2020, the installation of the Demonstrator Project was paused in the fourth quarter of 2019 following the identification of technical issues. An evaluation of the cause of the technical issues is underway and will not be completed until mid-year.  Due to the timing issues associated with the technical review, among other considerations, Northland has elected to permanently forego the installation of the Demonstrator Project.Deutsche Bucht will encompass the 31 monopile foundations and turbines, which were installed...

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Infinera Breaks Industry Record with 800G Transmission over 950 Kilometers in a Live Network Trial

SUNNYVALE, Calif., March 17, 2020 (GLOBE NEWSWIRE) — Infinera (NASDAQ: INFN) announced today the successful completion of a live network trial of 800 gigabits per second (800G) single-wavelength transmission at 96 Gbaud over 950 kilometers (km) across a long-haul link in a major North American network operator’s production network. Powered by Infinera’s sixth-generation dual-800G Infinite Capacity Engine (ICE6) technology, this achievement signals a major industry milestone in driving down the cost per bit of telecommunications networks. The trial showcased the ability of Infinera’s 800G technology designed to enable network operators to rapidly and cost-effectively address the increasing capacity demands of new services such as 5G, enhanced broadband, and cloud-based business services.Conducted over a third-party optical line system...

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Vectura Group plc: 2019 Preliminary Results 

2019 Preliminary Results     – Vectura reports 2019 financial performance ahead of expectations, with strong operational delivery –– Executing the strategy to become an industry-leading specialist inhalation CDMO –Chippenham, UK – 17 March 2020: Vectura Group plc (LSE: VEC) (“Vectura” or “the Group”) today announces its preliminary results for the year ended 31 December 2019.Financial highlightsCommenting on the results, Will Downie, Chief Executive Officer of Vectura, said:“I am pleased to report a solid set of results for 2019 which were ahead of expectations, underpinned by continued flutiform® revenue growth. We have begun to execute on our new strategy to become an industry-leading specialist inhalation services company, as well as adding two very experienced CDMO executives to...

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HTG Molecular Diagnostics to Announce Year End 2019 Financial Results and Host Conference Call on Wednesday, March 25

TUCSON, Ariz., March 17, 2020 (GLOBE NEWSWIRE) — HTG Molecular Diagnostics, Inc. (Nasdaq: HTGM), a diagnostic company whose mission is to advance precision medicine, today announced that it will report its financial results for the year ended December 31, 2019 after the market close on Wednesday March 25, 2020. Management will also host a conference call with investors to discuss financial results and provide a corporate update at 4:30pm Eastern Time.About HTG:HTG is focused on NGS-based molecular profiling. The company’s proprietary HTG EdgeSeq technology automates complex, highly multiplexed molecular profiling from solid and liquid samples, even when limited in amount. HTG’s customers use its technology to identify biomarkers important for precision medicine, to understand the clinical relevance of these discoveries, and ultimately...

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Morphic Announces Appointment of Peter G. Linde, M.D., as Chief Medical Officer

WALTHAM, Mass., March 17, 2020 (GLOBE NEWSWIRE) — Morphic Therapeutic (NASDAQ: MORF), a biopharmaceutical company developing a new generation of oral integrin therapies for the treatment of serious chronic diseases, today announced the appointment of Peter G. Linde, M.D., as chief medical officer. Dr. Linde was previously vice president of medical research at Acceleron Pharma, Inc., where he was responsible for the design and execution of clinical trials with positive outcomes in both pulmonary and hematologic diseases. Dr. Linde will oversee the development of Morphic’s small molecule integrin inhibitors as the company advances its oral integrin inhibitors toward clinical trials.“Dr. Linde has an extensive track record of driving clinical advancement across multiple therapeutic areas including inflammatory, pulmonary and hematologic...

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TROILUS POSITIONED TO DELIVER ON 2020 OPERATIONAL PLAN – UPDATE AND CORPORATE PREPAREDNESS

TORONTO, March 17, 2020 (GLOBE NEWSWIRE) — Troilus Gold Corp. (TSX: TLG; OTCQB: CHXMF) (“Troilus” or the “Company”) provides operational update and summary of measures being taken by the Company to address the current COVID-19 concerns.The previously announced 5000 metre drill program in the newly discovered Southwest Zone (see press release dated January 28, 2020) was completed at the end of February and results are pending. With the completion of the program we have decided to minimise non-essential activities at site based on our concern for the health and safety of our employees. Similarly, our offices in Chibougamau and Toronto are also closed and staff have been asked to work from home until further notice.The Troilus technical team will continue their work on the recent drill program remotely and we expect to start releasing...

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AeroVironment and Draganfly Announce Teaming Agreement for Distribution of Quantix Mapper to Commercial Markets

SIMI VALLEY, Calif. and RALEIGH, N.C., March 17, 2020 (GLOBE NEWSWIRE) — AeroVironment, Inc. (NASDAQ: AVAV), a global leader in unmanned aircraft systems (UAS), and Draganfly (CSE: DFLY) (OTCQB: DFLYF) (FSE: 3U8), an award-winning, industry-leading manufacturer within the commercial unmanned aerial systems (“UAS”), remotely piloted aircraft systems (“RPAS”), and unmanned vehicle sectors, today announced a teaming agreement for Draganfly’s distribution of AeroVironment’s Quantix Mapper systems to commercial markets worldwide. The agreement also includes the continuation of other contract engineering services provided by Draganfly to AeroVironment.Under the teaming agreement, AeroVironment will provide Draganfly sales, marketing collateral, and product technical support for the Quantix Mapper system. Draganfly will provide e-commerce,...

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Sabina Gold & Silver Provides Update on Corporate Office and Back River Site Operations

VANCOUVER, British Columbia, March 17, 2020 (GLOBE NEWSWIRE) — Sabina Gold & Silver Corp (SBB.T/SGSVF.OTCQX) (“Sabina” or the “Company”) is providing an update in response to the ongoing concerns around COVID-19 related to planned activities at its corporate office and at its Goose site on its 100%-owned Back River Gold Project (“Back River” or the “Project”) in Nunavut, Canada.No positive COVID-19 cases have been reported from amongst the Company’s employee base.  However, out of concern for the well being of our employees, contractors, their families, and their communities, the Company has elected to implement a work from home policy for its corporate office employees in Vancouver (for which the Company has the appropriate IT support) and defer the spring drilling program at Goose until later this year.  We believe that this...

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