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Month: May 2020

Cross Roller Bearings Market to Hit USD 1,519.9 Million by 2026; Increasing Demand for Automated Machinery to Feed Market Expansion: Fortune Business Insights™

Pune, May 25, 2020 (GLOBE NEWSWIRE) — The global cross roller bearings market size is projected to reach USD 1,519.9 million by 2026, exhibiting a CAGR of 2.36% during the forecast period. Rising demand for service robots across the globe will be the central growth driver for this market, states Fortune Business Insights™ in its report, titled “Cross Roller Bearings Market Size, Share and Industry Analysis by Type (Single Inner and Split Outer Ring, Split Inner and Single Outer Ring, Others), By Dimension (18 to 50mm, 50 to 150mm, 150 to 250 mm, 250 to 400 mm, 400 to 630 mm, 630 to 800 mm, >800 mm), By Industrial Vertical (Industrial Machinery, Medical Systems, Robotics, Semiconductor Manufacturing Equipment) and Regional Forecast 2019-2026”. The International Federation of Robotics reported that worldwide sales of private service...

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Cardinal Energy Ltd. Announces Extension of Credit Facility Redetermination Date and Debentureholder Meeting

CALGARY, Alberta, May 25, 2020 (GLOBE NEWSWIRE) — Cardinal Energy Ltd. (“Cardinal” or the “Company“) (TSX: CJ) has received approval to extend the revolving period under the Company’s $325 million reserves-based credit facility (the “Credit Facility“) and intends to call a meeting of the holders of its 5.50% extendible convertible unsecured subordinated debentures due December 31, 2020 (the “Debentures“) to amend the Debentures with the addition of an exchange right.Credit FacilityThe Company’s $325 million Credit Facility was available on a revolving basis until May 23, 2020. On May 22, 2020, subject to certain conditions, the Company signed an extension until June 30, 2020 in order for the syndicate to have more time to assess current market conditions and the effect...

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Manitou Gold Intersects 5.0 g/t of Gold over 4.6 m at its Goudreau Project in Northeastern Ontario

SUDBURY, Ontario, May 25, 2020 (GLOBE NEWSWIRE) — Manitou Gold Inc. (TSX-V: MTU) (the “Company” or “Manitou”) is pleased to announce initial drill results from the Rockstar Vein at the Company’s Goudreau Project, which is aimed at testing a higher grade mineralized “shoot” down plunge of previous drilling.  Drill highlights from the first three holes at Rockstar, which intersected 5.0 g/t gold over 4.6 m (including 11.1 g/t Au over 1.2 m), demonstrate an increase in both thickness and grade of the vein at depth. The Rockstar Vein is open to the east and additional down-plunge drilling in that direction is ongoing.  Exploration DrillingThe Rock Start Vein drilling is following up on surface channel sampling completed in 2019 (see news release dated July 31, 2019), which indicated that the vein averages 3.0 g/t gold over an average...

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Algernon Submits Investigational New Drug (IND) Application with U.S. FDA for Multinational Phase 2b/3 Human Study to Evaluate Ifenprodil for COVID-19

VANCOUVER, British Columbia, May 25, 2020 (GLOBE NEWSWIRE) — Algernon Pharmaceuticals Inc. (CSE: AGN) (FRANKFURT: AGW) (OTCQB: AGNPF) (the “Company” or “Algernon”) a clinical stage pharmaceutical development company, is pleased to announce that it has submitted an Investigational New Drug (IND) application with the U.S. FDA for its planned multinational Phase 2b/3 study of its re-purposed drug NP-120 (Ifenprodil) as a potential therapeutic treatment for patients with COVID-19. Ifenprodil is an NMDA receptor antagonist.The clinical study for Ifenprodil, 20 mg tablets, is entitled, “A Randomized Open Label Phase 2b/3 Study of the Safety and Efficacy of NP-120 (Ifenprodil) for the Treatment of Confirmed COVID-19 Infected Hospitalized Patients.” As part of the multinational Phase 2b/3 COVID-19 clinical study, Algernon has...

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REPEAT – Champignon Appoints Dr. Bill Wilkerson, Executive Chairman of Mental Health International to Board of Directors

VANCOUVER, British Columbia, May 25, 2020 (GLOBE NEWSWIRE) — Champignon Brands Inc. (“Champignon” or the “Company”) (CSE: SHRM) (FWB: 496) (OTCQB: SHRMF), a human optimization sciences company with an emphasis on ketamine and psychedelic medicine, continues to augment its board of directors through the appointment of accomplished business executives and thought leaders with successful track records of advancing research and awareness within the arena of depression, post-traumatic stress disorder (“PTSD”), and substance abuse disorders (“DPS”). To this accord, Champignon is pleased to appoint Dr. Bill Wilkerson, LL.D. (Hon) to its board of directors.An executive equipped with extensive service in business, government, broadcasting, the arts, and corporate crisis management, Dr. Wilkerson is an 8-time award-winning pioneer in workplace...

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Rogers Brings Its Store-to-the-Door to Ottawa With Pro On-the-Go Expansion

Rogers Pro On-the-Go™ expands to nation’s capital, with contactless phone delivery and set-up support, in as little as hours of orderAs province begins to reopen amid COVID-19, adapted Pro On-the-Go™ service is latest Rogers initiative to provide safe contactless customer support and delivery optionsOTTAWA, May 25, 2020 (GLOBE NEWSWIRE) —  Rogers announced that its personalized mobile retail experience, Rogers Pro On-the-Go™, is now available in the nation’s capital. As restrictions in the province start to ease, and businesses pivot to meet the needs of Canadians in the new normal,  Rogers has accelerated the expansion of Pro On-the-Go™ to give customers in Ottawa another way to get a new phone in as little as hours and expert support to set it up, at no extra cost.The service, available only at Rogers, has begun rolling out to...

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Rogers propose son service à la porte dans la région d’Ottawa grâce à l’expansion de son service Pro chez vous

Le service Pro chez vousMC de Rogers s’étend jusqu’à Ottawa et comprend la livraison du téléphone et le soutien à la configuration sans contact, le tout quelques heures seulement après la réception de la commande.Dans le cadre d’un début de relance économique en Ontario, l’expansion du service Pro chez vousMC adapté constitue la plus récente initiative de Rogers visant à offrir un service de soutien à la clientèle et des options de livraison sécuritaires et sans contact.OTTAWA, 25 mai 2020 (GLOBE NEWSWIRE) —  Rogers a annoncé que son expérience de vente au détail mobile personnalisée, le service Pro chez vousMC de Rogers, est maintenant offerte dans la capitale nationale. Tandis que les restrictions commencent à s’assouplir dans la province et que les entreprises s’ajustent pour répondre aux besoins des Canadiens dans le cadre d’une...

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TC Energy completes partial monetization and project financing transactions for Coastal GasLink

CALGARY, Alberta, May 25, 2020 (GLOBE NEWSWIRE) — News Release — TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the Company) announced today that it has completed the sale of a 65 per cent equity interest in the Coastal GasLink Pipeline Project (Coastal GasLink or the Project). In addition, the Coastal GasLink Pipeline Limited Partnership has executed a credit agreement with a syndicate of banks extending non-recourse project-level financing to fund the majority of the construction costs for the Project which, with the closing of the equity sale, are available to be drawn.  Together, these transactions have resulted in the Company realizing immediate proceeds of approximately $2.1 billion.About TC Energy We are a vital part of everyday life – delivering the energy millions of people rely on to power their lives in a...

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Bang & Olufsen A/S – financial calendar

Please be informed of the following dates for Bang & Olufsen’s planned announcements to NASDAQ Copenhagen A/S, including dates for Annual General Meetings in 2020 and 2021. Interim reports and annual reports are expected to be published in the morning on the listed dates.2020Wednesday 3 June         Extraordinary General MeetingTuesday 7 July                Annual report 2019/20Thursday 20 August        Annual General Meeting                                        (Deadline for subjects and proposals to the agenda is 9 July)Thursday 1 October        Interim report (1st quarter 2020/21)2021Tuesday 12 January       Interim report (2nd quarter 2020/21)Thursday 8 April              Interim report (3rd quarter 2020/21)Wednesday 7 July          Annual report 2020/21Thursday 19 August        Annual General Meeting                                       ...

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