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Day: June 1, 2020

Westhaven Adds Second Drill Rig at Shovelnose Gold Property

VANCOUVER, British Columbia, June 01, 2020 (GLOBE NEWSWIRE) — Westhaven Ventures Inc. (TSX-V:WHN) is pleased to announce it has added a second drill rig at its 17,623 hectare Shovelnose gold property. Shovelnose is located within the prospective Spences Bridge Gold Belt (SBGB), which borders the Coquihalla Highway 30 kilometres south of Merritt, British Columbia.2020 Drill ProgramThe 2nd drill rig is set up at the Line 6 target ~2.5 kilometers west of the South Zone discovery area as the focus of this program is to test new drill targets. The other drill rig is expanding on the recently encountered high-grade gold in the Lear Zone as previously announced on May, 19th, 2020. The ongoing 30,000 metre (m) drill program has resumed along with the commencement of a Controlled Source Audio-frequency Magneto-Tellurics (CSAMT) survey. The...

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Eguana Announces 2nd Quarter 2020 Financial Results and Provides Update

CALGARY, Alberta, June 01, 2020 (GLOBE NEWSWIRE) — Eguana Technologies Inc. (“Eguana” or the “Company”) (TSX-V: EGT, OTCQB: EGTYF) today announced results for its second fiscal quarter ended March 31, 2020.“Through a global pandemic that impacted nearly all supply chains the team delivered the second highest revenue quarter in our Company’s history,” commented Justin Holland, Eguana’s Chief Executive Officer. “Our supply chain and development processes were significantly challenged from COVID-19 and both excelled to keep product moving to our customers who have responded in kind with new orders in each key market.”Fiscal Q2 2020 Financial HighlightsRecord setting Year-to-Date revenue of $4.44 million, a 143% increase versus prior yearFiscal Q2 2020 revenue of $1.64 million, a 68% increase versus the prior...

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K2 Gold Identifies New Gold Zone and Five New Targets at the Mojave Project

VANCOUVER, British Columbia, June 01, 2020 (GLOBE NEWSWIRE) — K2 Gold Corporation (“K2” or the “Company”) (KTO:TSX-V) is pleased to report that it has identified a new target area, Gold Valley, at the Company’s Mojave Project (“Mojave”) in southern California.  In addition, K2 has received the results of the WorldView-3 high-resolution, multi-spectral, remote sensing survey of the property which has identified at least five new targets, two of which are more than a kilometre in length.  The Mojave project spans 5,830 hectares and is located 240km north west of Las Vegas and 30km south east of the town of Lone Pine.  Highlights Include:New gold target identified in colluvium at Gold Valley from soil sampling, interpreted as the NNW extension of Dragonfly ZoneCompletion of WorldView-3 remote sensing survey over the Mojave Property...

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AMD COVID-19 HPC Fund to Deliver Supercomputing Clusters to Researchers Combatting COVID-19

— Donation of systems to NYU, MIT, and Rice University brings over seven petaflops of compute power to fight global pandemic — — High performance AMD CPUs and GPUs to power focused research programs at leading institutions —SANTA CLARA, Calif., June 01, 2020 (GLOBE NEWSWIRE) — AMD (NASDAQ: AMD) and technology partner Penguin Computing Inc., a division of SMART Global Holdings, Inc. (NASDAQ: SGH),  today announced that New York University (NYU), Massachusetts Institute of Technology (MIT) and Rice University are the first universities named to receive complete AMD-powered, high-performance computing systems from the AMD HPC Fund for COVID-19 research. AMD also announced it will contribute a cloud-based system powered by AMD EPYC and AMD Radeon Instinct processors located on-site at Penguin Computing, providing remote supercomputing...

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Rogers Sugar Receives Toronto Stock Exchange Approval for Normal Course Issuer Bid

MONTREAL, June 01, 2020 (GLOBE NEWSWIRE) — Rogers Sugar Inc. (the “Corporation”) (TSX: RSI) announced today that it has received approval of the Toronto Stock Exchange to proceed with a normal course issuer bid to purchase up to 1,500,000 common shares (the “Shares”) representing approximately 1.9% of the public float of Shares as at May 22, 2020. The average daily trading volume for the 6-month period preceding May 1, 2020 is 301,875 Shares. In accordance with temporary relief announced by the TSX on March 23, 2020, the number of Shares that can be purchased pursuant to the bid is subject to a daily maximum of 150,937 Shares (which is equal to 50% of the average daily trading volume). Following the expiry of such temporary relief on June 30, 2020 (or such later date as may be announced by the TSX), the number of Shares that can...

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Rogers Sugar reçoit l’approbation de la Bourse de Toronto pour procéder à une offre publique de rachat dans le cours normal des activités

MONTRÉAL, 01 juin 2020 (GLOBE NEWSWIRE) — Rogers Sugar Inc. (la « société ») (TSX : RSI) a annoncé aujourd’hui qu’elle avait reçu l’approbation de la Bourse de Toronto de procéder à une offre publique de rachat dans le cours normal des activités visant jusqu’à 1 500 000 actions ordinaires (les « actions »), ce qui représente environ 1,9 % du flottant des actions au 22 mai 2020. Le volume moyen quotidien des opérations pour la période de six mois précédant le 1er mai 2020 s’établit à 301 875 actions. Conformément à la dispense temporaire annoncée par la Bourse de Toronto le 23 mars 2020, le nombre d’actions pouvant être rachetées dans le cadre de l’offre est limité à 150 937 actions par jour (ce qui correspond à 50 % du volume moyen quotidien des opérations). Après l’expiration de la dispense temporaire le 30 juin 2020 (ou toute...

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eXp World Holdings Appoints Fee Gentry to Board of Directors

BELLINGHAM, Wash., June 01, 2020 (GLOBE NEWSWIRE) — eXp World Holdings, Inc. (Nasdaq: EXPI) today announced the appointment of Felicia “Fee” Gentry to the company’s board of directors, effective May 28, 2020.“We are excited to welcome Fee to the eXp World Holdings board as we have valued her input and ideas on a variety of topics impacting real estate agents today. We look forward to future discussions together that will help grow our businesses and enhance value for all eXp shareholders,” said eXp World Holdings Chairman, CEO and Founder Glenn Sanford.Gentry currently is an eXp Realty agent in Texas, and co-chair and one of the original founders of ONE eXp, eXp Realty’s initiative for diversity and inclusion. She has more than 15 years of experience in the real estate industry, including being named a top local agent in her first...

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Pieridae Graduates to the TSX

NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR DISSEMINATION IN UNITED STATESCALGARY, Alberta, June 01, 2020 (GLOBE NEWSWIRE) — Pieridae Energy Limited (Pieridae or the Company) (TSXV: PEA) is pleased to announce that its common shares have been approved for listing on the Toronto Stock Exchange (the “TSX”) and are expected to commence trading on the TSX at the opening of the market on June 3, 2020. Concurrent with the TSX listing, the common shares of Pieridae are expected to be de-listed from the TSX Venture Exchange. Pieridae’s trading symbol will remain “PEA”.

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Shawcor Announces Appointment of New Director

TORONTO, June 01, 2020 (GLOBE NEWSWIRE) — Shawcor Ltd. (TSX: SCL) announced the appointment of Alan Hibben as a director of the Company effective June 1, 2020.Alan currently serves as a director of Canadian public companies Home Capital Group Inc. (TSX:HCG), Extendicare Inc. (TSX: EXE) and WildBrain Ltd. (TSX:WILD)  He has more than 40 years’ experience in investment, advisory, capital markets, financing and operational roles in a wide range of industries, with a concentration in financial services, including RBC Financial Group. He has significant experience as a Chair and Chair of Committees for a wide range of public and private companies.Alan is a Chartered Professional Accountant, a Chartered Financial Analyst and has an ICD.D designation.Shawcor Ltd. is a global company serving various sectors of the Infrastructure, Energy...

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General Cannabis Corp. Announces Multi-Million Dollar Strategic Equity Investment

Investment by Hershey Strategic Capital LP and Shore Ventures III, LP will significantly strengthen balance sheet and enable the Company to leverage its position as one of the only publicly traded companies approved to acquire licensed cannabis assetsDENVER, June 01, 2020 (GLOBE NEWSWIRE) — General Cannabis Corp. (OTCQX: CANN), the leading publicly traded Colorado cannabis company, announced today that it has reached an agreement that will bring up to $3 million in strategic growth capital to the company.  The investment will be funded by Hershey Strategic Capital LP and Shore Ventures III, LP, entities led by managing member Adam Hershey.The investment is another important step in General Cannabis’ Colorado-based expansion strategy.  Over the last two months, General Cannabis became only the second publicly traded cannabis company...

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