Month: June 2020

After 6 months of the financial year 2019/20 Gabriel Holding A/S expected for the entire financial year revenue of DKK 670-690 million (DKK 708 million) and profit before tax of DKK 10-15 million (DKK 69.3 million).It was expected that the outbreak of coronavirus (COVID-19) would have an adverse effect on market conditions for the company. The expectations for the second half-year was a decline in revenue of 25-30% and a loss before tax of DKK 22-27 million.The revenue realized in April and May corresponds to the most recent expectations, while the profit before tax is realized above the expectations. In particular, the negative effect of the decline in revenue on the Group’s gross profit is less than expected, and completed adjustments in the cost base have had a larger impact effect than expected.Against this background, and despite...

TORONTO, June 10, 2020 (GLOBE NEWSWIRE) — CB2 Insights (CSE:CBII; OTCQB: CBIIF) (“CB2” or the “Company”), announces an update further to its news release of April 20, 2020, with respect to: (i) the filing its audited annual financial statements for the year ended December 31, 2019 and the related management discussion and analysis (“MD&A”); and (ii) the filing of its interim financial statements and related MD&A with respect to the interim period ended March 31, 2020.  The Company will invoke the Ontario Instrument 51-502 Temporary Exemption from Certain Corporate Finance Requirements (the “Blanket Order’) extending deadlines to file financial statements and MD&A’s. Pursuant to the Blanket Order, the Company is relying on the relief therein for its audited financial statements, for the year end December 31, 2019,...

Innofactor Oyj:n sisäpiiritieto 10.6.2020 klo 14.10Suuri suomalainen globaalisti toimiva valmistavan teollisuuden yritys ja Innofactor ovat allekirjoittaneet sopimuksen tarjousprosessin digitalisoimiseksi.Sopimuksen mukaan Innofactor suunnittelee ja toteuttaa ketterin menetelmin pilvipohjaisen ratkaisun tarjousprosessin hallintaan sekä siihen liittyvän tiedon ja dokumenttien käsittelyyn ja tallennukseen. Ratkaisun toteutuksessa hyödynnetään Microsoft Azure PaaS -pilvipalveluita.Sopimuksen arvonlisäveroton arvo on noin 1 700 000 euroa. Hanke toteutetaan vuosien 2020 ja 2021 aikana.Espoossa 10.6.2020INNOFACTOR OYJSami Ensio, toimitusjohtajaLisätietoja:Sami Ensio, toimitusjohtajaInnofactor OyjPuh. 050 584 2029sami.ensio@innofactor.comJakelu:NASDAQ HelsinkiKeskeiset mediatwww.innofactor.fiInnofactorInnofactor on johtava yritysten, julkishallinnon...

Innofactor Plc Inside Information, on June 10, 2020, at 14:10 Finnish timeInnofactor and a large Finnish globally operating manufacturing industry company have signed a contract for the digitalization of a quotation process.According to the contract, Innofactor will design and implement, using agile methods, a cloud-based solution for managing the quotation process and handling and storing related information and documents. The solution is implemented using Microsoft Azure PaaS cloud services.The total value (excluding VAT) of the contract is approximately EUR 1,700,000. The project is delivered during years 2020 and 2021.Espoo, June 10, 2020INNOFACTOR PLCSami Ensio, CEOAdditional information:Sami Ensio, CEOInnofactor PlcTel. +358 50 584 2029sami.ensio@innofactor.comDistribution:NASDAQ HelsinkiMain mediawww.innofactor.comInnofactorInnofactor...

CAMBRIDGE, Mass., June 10, 2020 (GLOBE NEWSWIRE) — Fulcrum Therapeutics, Inc. (Nasdaq: FULC) today announced the closing of a $68.5 million private placement pursuant to a securities purchase agreement with a group of institutional investors and accredited investors.The private placement includes a mix of new and existing investors, including EcoR1 Capital, LLC, Alyeska Investment Group, L.P., Boxer Capital, Casdin Capital LLC, Perceptive Advisors LLC, Samsara BioCapital, Monashee Investment Management LLC and Foresite Capital. SVB Leerink acted as the exclusive placement agent to the Company in connection with the private placement.In the private placement, the Company sold 4,029,411 shares of common stock at a price of $17.00 per share. The private placement priced on June 8, 2020.The Company expects to use net proceeds from the...

TORONTO, June 10, 2020 (GLOBE NEWSWIRE) — Pasinex Resources Limited (CSE: PSE) (FSE: PNX) (The “Company” or “Pasinex”) today reports the Company’s financial and operating results for the three months and year ended December 31, 2019.Steve Williams, President and CEO of Pasinex, commented, “Pasinex had a difficult year in 2019 due to problems associated with the failure to receive any significant payment against the loan receivable that our Turkish joint venture business, Horzum AS, has with our Turkish joint venture partners, Akmetal. The underlying operating business in Turkey showed a positive net operating income but the recording of an impairment on the loan receivable from Akmetal resulted in a net loss for the joint venture. Pasinex is not happy with these results. We continue to actively pursue the resolution of this problem...

Richland WA, June 10, 2020 (GLOBE NEWSWIRE) — Vivos Inc. (OTCQB: RDGL), Vivos announced that is has submitted an international application based on its patent submittal last June. This is part of the Patent Cooperation Treaty (PCT), which cover 153 countries. It allows 30 months for the filing in those countries.The specific targets are Canada, UK (Great Britain, Scotland, Wales, and Ireland), Japan, Germany, Italy, France, Australia, Brazil, China, India, North Countries (Sweden, Norway, Finland, and Denmark). Turkey, Saudi Arabia. Argentina and Taiwan also are targets, but are not part of the PCT.Dr. Korenko stated “It is important to keep strengthening our intellectual property protection to protect the investment and progress over the last several years.”About Vivos Inc. (OTCQB: RDGL)Vivos Inc. has developed an Yttrium-90 based...

NEW YORK and TORONTO, June 10, 2020 (GLOBE NEWSWIRE) — Nasdaq (Nasdaq: NDAQ) today announced it launched Nasdaq Basic Canada—a feed that provides investors around the globe with access to real-time quote and trade data for the full range of Canadian listed equities—on Nasdaq Cloud Data Services (NCDS), which provides clients access to real-time equities, options, news, index, and fund data through cloud-based technology.Nasdaq Basic Canada combines data from Nasdaq CXC, CX2 and CXD trading books for all TSX, TSX Venture and CSE listed securities at up to 60% cost savings as compared to other marketplaces. This launch is the latest milestone in Nasdaq’s commitment to provide the general investing public with easy, cost-effective price discovery for key equity markets in Canada. With Nasdaq Basic Canada, investors can feel confident...

Press ReleasePakistan Telecommunication Company Limited deploys Nokia software products to enhance customer experience and service10 June 2020Islamabad, Pakistan – Pakistan Telecommunication Company Limited (PTCL) has deployed Nokia automation, analytics and machine learning software to enhance the customer experience and improve customer service accuracy and efficiency.Among the products rolled out are Nokia Service Management Platform (SMP), which automates and simplifies the entire customer care process, and significantly reduces the time to resolve customer issues while improving accuracy.Nokia SMP was deployed across all PTCL Contact Centers in Pakistan. With this, customer service representatives are more efficient with all relevant information including guided resolution steps – now available on a single pane of glass.PTCL customers...

TORONTO, June 10, 2020 (GLOBE NEWSWIRE) — Eloro Resources Ltd. (TSX-V: ELO; FSE: P2Q) (“Eloro” or the “Corporation”) is pleased to announce it has completed a previously announced non-brokered private placement (the “Private Placement”) of 5,000,000 units of Eloro at a price of $0.30 per unit (“Units”) for proceeds of $1,500,000.Details of the FinancingEach Unit consists of one common share (“Common Share”) and one half of one Common Share purchase warrant (a “Warrant”). Each whole Warrant entitles the holder to purchase one Common Share at a price of $0.50 per share for a term of 24 months, expiring June 9, 2022. In connection with the Private Placement, an arm’s length finder received as compensation a 7% cash commission aggregating $2,100 and 7,000 finder’s warrants entitling the holder to purchase 7,000 Eloro Common Shares at...