Day: July 6, 2020

SAN ANTONIO, July 06, 2020 (GLOBE NEWSWIRE) — Usio, Inc. (NASDAQ: USIO), an integrated electronic payment solutions provider, today announced the closing of the private placement of 1,796,407 shares of common stock, at a purchase price of $1.67, for net proceeds of $3 million. Usio intends to use the proceeds from the placement for working capital purposes.Commenting on the closing, Louis Hoch, Usio’s CEO, said, “We’re excited to have closed this offering with a highly respected, long-term focused investor, Topline Capital, and believe it to be a strong indication of the investor’s confidence in our Company’s growth initiatives, premier customers and innovative products. We believe the financing was balanced and prudent, keeping existing shareholders at top of mind while providing us capital that can help maintain our positive momentum...

MENLO PARK, Calif., July 06, 2020 (GLOBE NEWSWIRE) — CohBar, Inc. (NASDAQ: CWBR), a clinical stage biotechnology company developing mitochondria based therapeutics to treat chronic diseases and extend healthy lifespan, announced today that its Chief Executive Officer, Steven Engle, will present a company update at the Sachs Novel Coronavirus Investment Forum, being held July 7-9, 2020 with a focus on its CB5064 analogs targeting the coronavirus disease 2019 (COVID-19) associated ARDS.CohBar has initiated testing of its CB5064 analogs in a preclinical model of ARDS, to assess their potential as therapeutics COVID-19 associated ARDS. In preclinical studies to date, these peptides have demonstrated the ability to activate the apelin receptor, a cell signaling pathway that published preclinical studies have shown can reduce the severity...

TORONTO, July 06, 2020 (GLOBE NEWSWIRE) — Cronos Group Inc. (NASDAQ: CRON) (TSX: CRON) (“Cronos Group” or the “Company”) will hold its 2020 Second Quarter Earnings Conference Call on Thursday, August 6, 2020 at 8:30 a.m. EDT. Cronos Group’s senior management team will discuss the Company’s financial results and will be available for questions from the investment community after prepared remarks.A live audio webcast of the earnings call will be available on the Company’s website at https://ir.thecronosgroup.com/events-presentations. The webcast of the call will be archived for replay on the Company’s website.Participants may also listen via telephone by dialing (866) 795-2258 toll-free from the U.S. and Canada, or (409) 937-8902 if dialing from outside the U.S. and Canada (passcode: 9993888). If joining by phone, please dial into...

TORONTO, July 06, 2020 (GLOBE NEWSWIRE) — Patriot One Technologies Inc. (TSX: PAT) (OTCQX: PTOTF) (FRANKFURT: 0PL) (“Patriot One” or the “Company”), offers the latest update on its PATSCAN™ Multi-Sensor Threat Detection Platform.In May 2020, Patriot One’s Product Development Team responded to the Covid19 Pandemic as part of the Canadian Digital Technology Supercluster Covid19 Program.  The Company secured up to $4.5 million (CAD) in co-investment funding under a two-stage program that includes development and deployment of (i) a thermal screening module that highlights persons presenting with elevated temperatures in real-time, using commodity-priced thermal cameras, (ii) additional computer modules that detect the presence or non-presence of medical and non-medical masks and face coverings, and the ability to highlight persons...

MONCTON, New Brunswick, July 06, 2020 (GLOBE NEWSWIRE) — CN (TSX: CNR) (NYSE: CNI) announced today that it plans to invest approximately $20 million (CAD) across New Brunswick in 2020. The program will focus on rebuilding and strengthening bridges, the replacement of rail and ties, rebuilding road crossing surfaces as well as maintenance work on culverts, signal systems and other track infrastructure.“We take our essential role in the North American economy seriously and these investments in New Brunswick are a key part of our strategy to support growth. The Company remains committed to help enable supply chains that fuel New Brunswick’s growth as we are a critical part of getting everyday goods to markets and consumers. Safety is a core value at CN and by investing in the maintenance and expansion of our track and capacity, we...

MONCTON, Nouveau-Brunswick, 06 juill. 2020 (GLOBE NEWSWIRE) — Le CN (TSX : CNR) (NYSE : CNI) a annoncé aujourd’hui qu’il prévoit investir environ 20 M$ CA au Nouveau-Brunswick en 2020. Le programme sera axé sur la reconstruction et le renforcement d’un pont, le remplacement de rails et de traverses, la reconstruction de surfaces de passages à niveau et l’entretien de ponceaux, de systèmes de signalisation et d’autres éléments d’infrastructure des voies.« Nous prenons au sérieux notre rôle essentiel dans l’économie nord-américaine, et ces investissements au Nouveau-Brunswick sont un élément essentiel de notre stratégie de soutien de la croissance. La Compagnie reste déterminée à accroître l’efficacité des chaînes d’approvisionnement qui soutiennent la croissance du Nouveau-Brunswick compte tenu de son rôle crucial dans l’acheminement...

SYDNEY, Australia, July 06, 2020 (GLOBE NEWSWIRE) — Recce Pharmaceuticals Ltd (ASX: RCE) (Company), the Company developing new classes of broad-spectrum synthetic antibiotics, today announced the completion of Dr. Graham Melrose’s executive service agreement as Chief Research Officer and his resignation as Executive Director from the Board.Dr. Melrose said: “Recce was formed with a mission to address the global health threat of antibiotic resistance and I feel we have made generationally significant in-roads in that endeavour. The Company is now well setup to pursue its objectives, with expanding indications across a range of significant and unmet infectious diseases. I expect subsequent advances to reflect this and thank all for the support I have received.”A pioneer in synthetic antibiotic development, Dr. Melrose founded Recce...

GRAND RAPIDS, Mich., July 06, 2020 (GLOBE NEWSWIRE) — Independent Bank Corporation (NASDAQ: IBCP), the holding company of Independent Bank, a Michigan-based community bank, announced that it expects to issue its 2020 second quarter financial results on Tuesday, July 28, 2020, at approximately 8:00 am ET.  The release will be available on the Internet at IndependentBank.com within the “News” section of the “Investor Relations” area of the Company’s website.Brad Kessel, President and CEO and Rob Shuster, CFO will review the quarterly results in a conference call for investors and analysts beginning at 11:00 am ET on Tuesday, July 28, 2020.To participate in the live conference call, please dial 1-866-200-8394. Also the conference call will be accessible through an audio webcast with user-controlled slides via the following event site/URL: ...

Ayr Achieves Record Revenue and Adjusted EBITDA in June and Continues to Improve on a Sequential Basis  Q2 Adjusted EBITDA and Profitability are Expected to Increase 8% over Q1 Despite COVID-19 Challenges Continues to Generate Positive Free Cash Flow even through COVID, with Approximately $16 Million of Cash on Balance Sheet at the end of Q2 and Minimal Future Capex NeedsTORONTO, July 06, 2020 (GLOBE NEWSWIRE) — Ayr Strategies Inc. (CSE: AYR.A, OTCQX: AYRSF) (“Ayr”), a vertically-integrated cannabis multi-state operator (MSO), is announcing preliminary financial and operating results for the month of June and three months ended June 30, 2020. Unless otherwise noted, all results are presented in U.S. dollars. The preliminary results are subject to change following completion of the company’s quarterly financial reporting process.“Despite...