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Day: June 19, 2020

MediPharm Labs Australia Enters Into New Supply Agreement With VIVO Cannabis and Prepares to Commence Sales

Large shipment of 35,000 units of formulated finished products and bulk extract completed to MPL Australia to support commencement of sales revenueTORONTO, June 19, 2020 (GLOBE NEWSWIRE) — MediPharm Labs Corp. (TSX: LABS) (OTCQX: MEDIF) (FSE:MLZ) (“MediPharm Labs” or the “Company”) a global leader in specialized, research-driven pharmaceutical-quality cannabis extraction, distillation and derivative products, today announced that its subsidiary, MediPharm Labs Australia Pty. Ltd. (“MediPharm Labs Australia”) has entered into an agreement to supply pharmaceutical-quality (GMP certified), formulated cannabis oil products to Beacon Medical Australia Pty. Ltd. (“Beacon Medical Australia”), a subsidiary of VIVO Cannabis Inc. (TSX: VIVO, OTCQX: VVCIF) (“VIVO Cannabis”).Under the agreement with Beacon Medical Australia, which has an initial...

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Luckin Coffee Received Notification from Mr. Tianruo Pu of his Resignation as an Independent Director

BEIJING, June 19, 2020 (GLOBE NEWSWIRE) — Luckin Coffee Inc. (the “Company”) (NASDAQ: LK) today announced the following:The Company received a letter of resignation dated June 16, 2020 from Mr. Tianruo Pu, under which Mr. Pu notified the Company of his resignation from the Board due to personal reasons, effective immediately. Following Mr. Pu’s resignation, both of the Audit Committee of the Board and the Special Committee of the Board consist of Mr. Sean Shao and Mr. Wai Yuen Chong, with Mr. Sean Shao serving as chairman.The Company thanks Mr. Pu for his dedicated service to the Company and is actively searching for suitable new independent director(s) to join the Board.Safe Harbor StatementThis announcement contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended. These...

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Mission Ready Announces a C$2.9MM Manufacturing Contract and a C$4.4MM Distribution Contract, Provides Corporate Update

VANCOUVER, British Columbia, June 19, 2020 (GLOBE NEWSWIRE) — Mission Ready Solutions Inc. (“Mission Ready” or the “Company”) (TSXV: MRS) is pleased to provide the following update related to new contract awards, the status of its Q1 2020 filings, and other corporate matters.C$2.9MM Manufacturing ContractThe Company is pleased to announce that it has received a C$2.9MM purchase order (“Purchase Order”) from a United States Small Business Administration 8(a) certified company (the “8A Partner”) to manufacture and supply specialized body armor systems for the United States Department of Defense.The Purchase Order follows the 2019 launch of a collaborative effort between Mission Ready and the 8A Partner, to design a modular, scalable, female-specific body armor (“FBA”) system tailored to meet the requirements of female military personnel....

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36Kr Holdings Inc. Announces Changes to Board of Directors

BEIJING, June 19, 2020 (GLOBE NEWSWIRE) — 36Kr Holdings Inc. (“36Kr” or the “Company” or “We”) (NASDAQ: KRKR), a prominent brand and a pioneering platform dedicated to serving New Economy participants in China, today announced the appointment of Ms. Yang Li as a member of the Company’s Board of Directors (the “Board”), effective immediately. At the same time, Mr. Chao Zhu has stepped down from the Board due to personal reasons, effective June 17, 2020.Ms. Yang Li has served as the Company’s chief content officer since August 2019. Ms. Li is responsible for content creation for the Company’s platform and has extensive experience in the media sector. Prior to joining the Company, Ms. Li served at YiMagazine, previously known as CBNweekly which is sponsored by Shanghai Oriental Media Group, a leading business magazine in China, where...

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Rapid Dose Therapeutics Files a Patent to Synthesize THC From CBD Using a Selective Delta 8 or Delta 9 Conversion Process

BURLINGTON, Ontario, June 19, 2020 (GLOBE NEWSWIRE) — Rapid Dose Therapeutics Corp. (“RDT” or the “Company”) (CSE: DOSE), a Canadian Life Sciences company focused on innovative drug and active ingredient delivery solutions, is pleased to announce it has filed a non-provisional patent with the USPTO for an “Apparatus for and method of converting cbd and/or cbd derivatives to at least one other type of cannabinoid and/or cannabinoid derivative such as THC”. In conjunction with McMaster University and the team lead by Dr. James McNulty, RDT has discovered a new and efficient way to create THC from CBD. This selective method can generate delta 8 or delta 9 THC.Jason Lewis, RDT SVP and co-inventor said, “This is an incredible breakthrough for RDT and the industry as a whole. Our technology could revolutionize the way synthetic THC is...

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Emerald Health Therapeutics Reports First Quarter 2020 Financial Results and Provides Corporate Update

VANCOUVER, British Columbia, June 19, 2020 (GLOBE NEWSWIRE) — Emerald Health Therapeutics, Inc. (“Emerald”) (TSXV: EMH; OTCQX: EMHTF) reported financial results for the quarter and ended March 31, 2020. Full versions of the Company’s unaudited condensed interim consolidated financial statements and MD&A can be found on SEDAR at www.sedar.com.“In the first quarter and year to date, the benefits of Emerald’s significant restructuring and cost-rationalization are strongly emerging. While these benefits were not fully realized in our Q1 financials, we can see our operational metrics and financial results clearly moving in the desired direction,” said Riaz Bandali, President and Chief Executive Officer of Emerald. “In not even two full quarters, our two newly launched and scaled-up cultivation facilities in BC and Quebec have been...

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Teekay LNG Partners Declares Distributions on Series A and B Preferred Units

HAMILTON, Bermuda, June 19, 2020 (GLOBE NEWSWIRE) — Teekay GP LLC, the general partner of Teekay LNG Partners L.P. (Teekay LNG or the Partnership) (NYSE:TGP), has declared cash distributions of $0.5625 per unit on the Partnership’s Series A preferred units (NYSE:TGP PR A) and $0.5313 per unit on the Partnership’s Series B preferred units (NYSE:TGP PR B) for the period from April 1, 2020 to June 30, 2020. The cash distributions are payable on July 15, 2020 to all unitholders of record as at June 30, 2020. Teekay LNG’s preferred unit distributions are reported on Form 1099 for United States tax purposes.About Teekay LNGTeekay LNG is one of the world’s largest independent owners and operators of LNG carriers, providing LNG and LPG services primarily under long-term, fee-based charter contracts through its interests in 47 LNG carriers,...

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Low Speed Vehicle Market to Reach USD 8.17 Billion by 2026; Increasing Emphasis on Adoption of Environment-friendly Vehicles Will Aid Growth, says Fortune Business Insights™

Pune, June 19, 2020 (GLOBE NEWSWIRE) — The global low speed vehicle market size is projected to reach USD 8.17 billion by the end of 2026. Applications of the product across diverse industry verticals will aid the growth of the market in the coming years. According to a report published by Fortune Business Insights, titled “Low Speed Vehicle Market Size, Share & Industry Analysis, By Engine Type (ICE, Electric), By Vehicle Type (Industrial Utility, Golf Cart, Personal Carrier, Public Transport Vehicle), and Regional Forecasts, 2019-2026,” the market was worth USD 5.65 billion in 2018 and will exhibit a CAGR of 4.8% during the forecast period, 2019-2026.Browse Summary of this Research Report with Detailed Table of Content: https://www.fortunebusinessinsights.com/low-speed-vehicle-market-103021 COVID-19 Impact Analysis:The recent...

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Valero Energy Announces CFO Transition

Jason Fraser To Be Appointed CFODonna Titzman To RetireSAN ANTONIO, June 19, 2020 (GLOBE NEWSWIRE) — Valero Energy Corporation (NYSE: VLO) today announced that Jason Fraser, who has served as Valero’s Executive Vice President and General Counsel since January 2019, has been appointed by Valero’s Board of Directors to serve as the Company’s Executive Vice President and Chief Financial Officer, effective July 15, 2020. Mr. Fraser will succeed Donna Titzman, who will remain as Executive Vice President and Chief Financial Officer until her retirement from the position on the same date, and will continue with the Company for a transitional period thereafter.Richard Walsh, Valero’s current Vice President and Deputy General Counsel, will be promoted to Senior Vice President and will succeed Mr. Fraser as General Counsel, effective July...

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DHT Holdings, Inc. announces the results of the 2020 Annual Meeting of Shareholders

HAMILTON, BERMUDA, June 19, 2020 – DHT Holdings, Inc. (NYSE:DHT) (“DHT”) announces the results of its 2020 Annual Meeting of Shareholders (the “Annual Meeting”).The Annual Meeting was held virtually on Thursday, June 18, 2020.  At the Annual Meeting, the shareholders voted to elect Jeremy Kramer as Class I Director for a term of three years and to ratify the selection of Deloitte AS as DHT’s independent registered public accounting firm for the fiscal year ending December 31, 2020.About DHT Holdings, Inc.DHT is an independent crude oil tanker company. Our fleet trades internationally and consists of crude oil tankers in the VLCC segment. We operate through our integrated management companies in Monaco, Singapore and Oslo, Norway. You shall recognize us by our business approach with an experienced organization with focus on first rate...

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