Day: May 9, 2020
PHOENIX, May 09, 2020 (GLOBE NEWSWIRE) — EVO Transportation & Energy Services, Inc. (EVO) (OTC Pink: EVOA) applied for and received a Paycheck Protection Program loan under the CARES Act in order to help sustain its business during the coronavirus pandemic affecting the country. EVO qualified for the program pursuant to “alternative size standards” explicitly set forth in guidance issued by the U.S. Treasury Department and U.S. Small Business Administration for firms with less than $15 million in tangible net worth and less than $5 million in earnings in each of the past two tax years. The alternative size standards apply regardless of the number of an applicant’s employees. As an essential service provider to the United States Postal Service and other shipping customers, the payroll funding enabled EVO to continue...
VX Global Statement on Purchase of PPE
Written by Customer Service on . Posted in Public Companies.
New York, NY – USA | May 08, 2020 — John Pappie, The CEO of VX Global Inc., today announced what he feels is an accurate depiction of the supply chain crisis that has engulfed the protective gear market, which is vital to hospitals and governments that are fighting the COVID-19 crisis.
Mr. Pappie, stated the company has been working with supply chain specialists and the finance community in an attempt to deliver resources to various government agencies, hospitals, and clinics. He stated that the current system is damaged for several reasons.
“There have been massive changes in the way international trade works due to the crisis. This has isolated buyers, manufacturers, and intermediaries where viable solutions are weeks or months away, although products are needed now.” stated Mr. Pappie.
The company has noted that...
LexaGene Holdings Receives Approval to Amend Warrant Terms
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NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATESBEVERLY, Mass., May 08, 2020 (GLOBE NEWSWIRE) — LexaGene Holdings, Inc., (TSX-V: LXG; OTCQB: LXXGF) (the “Company”) announces that further to its April 29, 2020 press release, it has received approval from the TSX Venture Exchange to amend the exercise price of the common share purchase warrants (the “Warrants”) issued on March 29, 2019.In connection with a $2.65 million offering of units (net of costs), 4,375,271 Warrants were issued with an exercise price of $0.85 per common share of LexaGene (a “Common Share”). These Warrants have an expiry date of June 29, 2020. The Company originally announced that it had intended to amend the exercise price of the Warrants to $0.60 per Common Share and amend the terms of the acceleration clause;...
Constellation Software Inc. Announces Results of Voting for Directors at Annual Shareholders’ Meeting
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TORONTO, May 08, 2020 (GLOBE NEWSWIRE) — Constellation Software Inc. (TSX:CSU) is pleased to announce the results of the vote on directors at its May 8, 2020 annual shareholders’ meeting. Each of the eleven nominees listed in the Corporation’s management proxy circular dated March 30, 2020 was elected as a director. Voting was conducted by ballot with the following voting results: Final voting results on all matters voted on at the annual meeting held earlier today will be filed with the Canadian securities regulators.About Constellation Software Inc.Constellation’s common shares are listed on the Toronto Stock Exchange under the symbol “CSU”. Constellation Software acquires, manages and builds vertical market software businesses.For further information:Jamal BakshChief Financial Officer416-861-9677info@csisoftware....