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Month: May 2020

INTELLIGENT SYSTEMS REPORTS FIRST QUARTER 2020 RESULTS

NORCROSS, Ga., May 05, 2020 (GLOBE NEWSWIRE) — Intelligent Systems Corporation [NYSE American: INS], the leading provider of innovative credit technology solutions and processing services to the financial technology and services market, announced today its financial results for the quarter ended March 31, 2020.“Our business continued to perform well, and quarterly results were in line with our expectations,” said Leland Strange, CEO of Intelligent Systems. “We achieved revenues of $7.9 million, representing a 13.3% increase over the prior year period. Professional services and processing and maintenance revenues drove all of our top-line growth as customers and accounts grew along with the number and value of services contracts completed during the quarter. License revenue reflects the $800,000 in the first quarter of 2019 as compared...

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Medcolcanna Announces that Dona Blanca has Elected to Enter Stage 2 of the Joint Venture with Medcolcanna

BOGOTÁ, Colombia, May 05, 2020 (GLOBE NEWSWIRE) — Medcolcanna Organics Inc. (TSX-V: MCCN) (“Medcolcanna”, “MCCN” or the “Company”), a Canadian medical cannabis company with operations in Colombia, is pleased to announce that, further to its press release dated April 7, 2020, Dona Blanca Limited (“Dona Blanca”), has elected to enter stage 2 of the previously announced joint venture arrangement with Medcolcanna (the “JV”) and will invest an additional $483,000 USD which will complete Dona Blanca’s total investment of $1,000,000 USD on two hectares of greenhouse space on Medcolcanna’s fully licensed cultivation property, which will earn Dona Blanca a 70% working interest (“WI”) in those two hectares.Pursuant to the definitive agreement with respect to the JV, Dona Blanca had agreed to invest up to $1,000,000 USD ($1,408,000 CAD), to...

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Cartier Iron Amends Terms of the Purchase and Sale Agreement for the Big Easy Gold Project, Newfoundland

TORONTO, May 05, 2020 (GLOBE NEWSWIRE) — Cartier Iron Corporation (CSE: CFE) (“Cartier Iron” or the “Company”), announces that further to its suspended 1,000m diamond drilling program for the Big Easy Gold project (“Big Easy”)(see April 8, 2020 press release), the Company and the vendors of the Big Easy have amended the terms of the Definitive Agreement, as amended (“Agreement”), whereby Cartier Iron acquired a 100% interest in the Big Easy (See October 31, 2017, November 22, 2017 and April 26, 2019 press releases) such that Cartier Iron’s commitments pursuant to the Agreement have been waived or postponed as follows:Pursuant to the amended Agreement, and in connection with Cartier Iron’s requirement to incur a minimum of C$2.0 million in exploration and development expenditures on the Big Easy, and whereby the vendors confirm that...

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Cartier Increases Gold Resources of the Chimo Mine Property

Highlights :Adding the resource estimate of the North and South Gold Corridors to those of the Central Gold Corridor, the Chimo Mine property now hosts mineral resources of (FIGURE) : 4,017,600 tonnes at an average grade of 4.53 g/t Au for a total of 585,190 ounces gold in the Indicated category;4,877,900 tonnes at an average grade of 3.82 g/t Au for a total of 597,800 ounces gold in the Inferred category. For more detail, using a price of gold of 1,300 $ US / oz and a cut-off grade of 2.5 g/t Au; the resource estimate of the North and South Gold Corridors produced: 754,300 tonnes at an average grade of 5.11 g/t Au for a total of 123,910 ounces gold in the Indicated category and;1,196,300 tonnes at an average grade of 4.69 g/t Au for a total of 180,550 ounces gold in the Inferred category. Work in progress that aims at increasing the...

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Cartier augmente les ressources aurifères de la propriété Mine Chimo

Faits saillants :En ajoutant les ressources des Couloirs Aurifères Nord et Sud à celles du Couloir Aurifère Central, la propriété Mine Chimo possède les ressources minérales (FIGURE) suivantes : 4 017 600 tonnes à une teneur moyenne de 4,53 g/t Au pour un total de 585 190 onces d’or dans la catégorie de ressources indiquées; 4 877 900 tonnes à une teneur moyenne de 3,82 g/t Au pour un total de 597 800 onces d’or dans la catégorie de ressources présumées. Pour plus de détail, en utilisant un prix de l’or de 1 300 US $ / oz et une teneur de coupure de 2,5 g/t Au; l’estimation des ressources des Couloirs Aurifères Nord et Sud a produit : 754 300 tonnes à une teneur moyenne de 5,11 g/t Au pour un total de 123 910 onces d’or dans la catégorie de ressources indiquées et; 1 196 300 tonnes à une teneur moyenne de 4,69 g/t Au pour un total de...

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Rekor Launches New Visual Identity

COLUMBIA, Md., May 05, 2020 (GLOBE NEWSWIRE) — Rekor (Nasdaq: REKR) (“the Company”), a Maryland-based company using AI to provide real-time roadway intelligence, announced today it has unveiled a new visual identity. The new visual identity signals the execution of its business plan and a go-to-market strategy that enables its clients to make faster, better informed decisions through the use of the Company’s AI-based technology. The Company’s web site has changed to www.rekor.ai where a new corporate video and overview are available.“We’ve launched this new visual identity to better reflect who we are, and what we do. In just one year’s time, Rekor has disrupted a mature market with our AI-driven technology, innovative business model and proven results. We already have a strong footprint across Public Safety, Consumer Experience...

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iSIGN Media’s Safety Alert Messaging (“SAM”) Software Solution Enables Retirement Homes, Long-Term Care Facilities and Nursing Homes to Communicate with Patients and Family Members Instantly

TORONTO, May 05, 2020 (GLOBE NEWSWIRE) — iSIGN Media Solutions Inc. (“iSIGN” or “Company”) (TSX-V: ISD) (OTC: ISDSF), a leading provider of interactive mobile proximity marketing and public security alert solutions, is pleased to expand upon its offer to supply its Safety Alert Messaging (“SAM”) software solution on a no-charge basis to address the spread of Coronavirus/Covid-19 and beyond.On March 23rd iSIGN announced their SAM cloud-based system was being offered at no-charge for a six- month period commencing April 1.  While targeting the roughly 20,000 senior homes in Canada, this offer is also available to hospitals, businesses and local, provincial federal governments.  The purpose of this offer is to allow for instantaneous alerts of updates, emergencies and general messages  as required or requested by the system administrator.This...

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Codexis Expands and Strengthens its Leadership Team with Two Executive Hires

REDWOOD CITY, Calif., May 05, 2020 (GLOBE NEWSWIRE) — Codexis, Inc., a leading protein engineering company and developer of novel biotherapeutics, announces the appointment of Stefan Lutz, Ph.D. as Senior Vice President, Research and Karl A. Schoene, Ph.D. as Senior Vice President, Development & Operations, effective immediately.  Both positions are newly created and both report to Codexis President and CEO John Nicols. “We are fortunate to welcome two extraordinary professionals to lead functions that are critical to future growth in both our Performance Enzymes and our Novel Biotherapeutics business segments,” stated Mr. Nicols. “Stefan and Karl will serve as key members of our leadership team, and we look forward to their many contributions as we expand and grow our business.“Stefan brings unprecedented knowledge in protein...

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Notice Convening the Annual General Meeting of Next Games Corporation

Next Games Corporation Company Release May 5, 2020 at 14:00 EESTNotice is given to the shareholders of Next Games Corporation that the annual general meeting is to be held on Wednesday, 27 May 2020 at 10:00 a.m. (Finnish time) at the offices of Castrén & Snellman Attorneys Ltd at Eteläesplanadi 14, Helsinki, Finland.In order to limit the spread of the COVID-19 epidemic, the company’s board of directors has decided to adopt the exceptional meeting procedure provided for in the temporary legislation approved by the Finnish Parliament on 24 April 2020. The board of directors has decided to take the measures permitted by the temporary legislation in order to hold the general meeting in a predicable manner while also taking into account the health and safety of its shareholders, personnel and other stakeholders. The company’s shareholders...

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Kutsu Next Games Oyj:n varsinaiseen yhtiökokoukseen

Next Games Oyj yhtiötiedote 5.5.2020 klo 14:00Next Games Oyj:n osakkeenomistajat kutsutaan varsinaiseen yhtiökokoukseen, joka pidetään keskiviikkona 27.5.2020 kello 10.00 alkaen Asianajotoimisto Castrén & Snellman Oy:n toimitiloissa osoitteessa Eteläesplanadi 14, Helsinki.Covid-19-epidemian leviämisen rajoittamiseksi yhtiön hallitus on päättänyt poikkeuksellisesta kokousmenettelystä eduskunnan 24.4.2020 hyväksymän väliaikaisen lainsäädännön nojalla ja päättänyt ryhtyä kyseisen lainsäädännön mahdollistamiin toimiin, jotta yhtiökokous voidaan pitää ennakoitavalla tavalla huomioiden osakkeenomistajien, yhtiön henkilökunnan ja muiden sidosryhmien terveys ja turvallisuus. Yhtiön osakkeenomistajat voivat osallistua kokoukseen ja käyttää osakkeenomistajan oikeuksiaan vain äänestämällä ennakkoon sekä esittämällä vastaehdotuksia ja kysymyksiä...

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