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Day: July 17, 2020

Velan Inc. : Nouvel accord de financement nord-américain

MONTRÉAL, 17 juill. 2020 (GLOBE NEWSWIRE) — Velan Inc. (TSX : VLN) (la « Société ») l’un des plus importants fabricants de robinetterie industrielle au monde, est heureuse d’annoncer la conclusion, en date du 8 juillet 2020, d’un nouvel accord de financement avec la Banque de Montréal, agissant à titre de chef de file et de seul teneur de livres pour la syndication d’une nouvelle facilité de crédit. Dans le cadre de cette transaction, la société et sa filiale américaine, Velan Valve Corp. ont refinancé leurs facilités de crédit à vue et mis en place une nouvelle facilité renouvelable de trois (3) ans d’un montant de 65 millions de dollars américains. Celle-ci servira à des fins commerciales générales et fournira les liquidités nécessaires aux opérations nord-américaines pour poursuivre ses objectifs stratégiques, notamment en ce...

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KRONOS ADVANCED TECHNOLOGIES INC LAUNCHES INDEPENDENT SALES REP PROGRAM ACROSS USA

Los Angeles, CA, July 17, 2020 (GLOBE NEWSWIRE) — KRONOS ADVANCED TECHNOLOGIES, INC. (OTC MARKETS: KNOS) (“KNOS” or the “Company”), a product development and production company that has significantly changed the way air is moved, filtered, and sterilized, announced today the launch of the1-800- SAFE AIR Independent Sales Rep Program, which is intended to add up to 200 representatives nationwide in the USA during the third quarter. This is an effort by the Company to establish the independent rep channel in the marketplace, providing a bigger selection of products and services in order to expand transaction volumes.The development and launch of this program comes in response to both customer and shareholder feedback. Many of the Company’s shareholders are also product owners that expressed an interest...

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Capital Financial Global Rescinds Merger Agreement With Affiliated Funding Corp, Exits Invoice Factoring Business to Avoid Economic Impact of COVID-19

SALT LAKE CITY, July 17, 2020 (GLOBE NEWSWIRE) — Capital Financial Global, Inc. (OTC Pink: CFGX), announced today that it has rescinded its merger with Affiliated Funding Corporation and is exiting the invoice factoring business to avoid potential losses and market risk associated with the economic impact of COVID-19.“What began as an incredibly good opportunity in invoice factoring quickly began to look like we were walking straight into an economic trap,” said Paul Edward Norat, CEO of Capital Financial Global. “By unwinding the merger with AFC and getting out of the invoice factoring business this early we truly believe we are dodging a bullet.”“We are only now beginning to see the true economic effects of COVID-19 as it ripples through multiple layers of overlapping industries and throughout vertically integrated value chains,”...

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HPQ Silicon Comments on Recent Market Activity

Provides PUREVAPTM Technology Development UpdateMONTREAL, July 17, 2020 (GLOBE NEWSWIRE) —  HPQ Silicon Resources Inc.   (“HPQ” or the “Company”) TSX-V: HPQ; FWB: UGE; Other OTC : URAGF; is issuing this press release in response to recent market activity.  HPQ does not usually comment on stock price and trading activity, unless required by regulators.  However, given recent activity and inquiries from investors, the Company would like to confirm that everything material about the Company’s operations has been disclosed.Furthermore, our collaboration with PyroGenesis Canada Inc. (TSX-V: PYR) regarding the development of PUREVAPTM projects, which has never been on such a strong footing, is attracting significant market and industry attention. Specifically, in its Q1 MDA published July 14, 2020, PyroGenesis made the following comments:“With...

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BioSig Technologies to Participate in the B Riley FBR Virtual Infectious Disease Summit

Westport, CT, July 17, 2020 (GLOBE NEWSWIRE) — BioSig Technologies, Inc. (Nasdaq: BSGM) (“BioSig” or the “Company”), a medical technology company commercializing a proprietary biomedical signal processing platform designed to improve signal fidelity and uncover the full range of ECG and intra-cardiac signals, today announced that Jerry Zeldis, M.D., Ph.D., Chief Medical Officer of ViralClear Pharmaceuticals, Inc. ,  a majority owned subsidiary of BioSig, will be participating in the B Riley FBR Infectious Disease Summit — Part III: Therapeutics  “Fast and Curious: Race to Finding Cures for Several Infectious Diseases, Including COVID-19” on July 21, 2020. The panel segment is “Arresting the Viral Replication Cycle.”Speaking Information:Event:             B. Riley FBR Virtual Infectious Disease Summit – Part III: Therapeutics...

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Nexans to sell Berk-Tek to Leviton

Joint Press Release Nexans & LevitonParis, France / New York, NY, USAJuly 17th, 2020Nexans to sell Berk-Tek to LevitonNexans announces execution of an agreement to sell Berk-Tek to Leviton for US$202 millionCombining two of the most innovative, reliable and service-oriented names in the North American structured cabling industry, Berk-Tek cable and Leviton Network Solutions will offer unparalleled integrated solutions for their customersParis, France, July 17th, 2020 – Nexans announces today the execution of an agreement to sell Berk-Tek, a leading US based manufacturer of local area network cables, to Leviton.Christopher Guérin, Nexans CEO: “Our Berk-Tek colleagues will join a long-term partner with the best strategic fit to answer customers demand around connectivity. Together with Leviton, the Berk-Tek team will focus on developing...

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Nexans cède Berk-Tek à Leviton

Communiqué de presse conjoint Nexans & LevitonParis, France / New York, NY, USA17 juillet 2020Nexans cède Berk-Tek à Leviton      •        Nexans annonce la signature d’un accord portant sur la cession de Berk-Tek à Leviton pour 202 millions de dollars américains      •        Par l’alliance de deux acteurs parmi les plus innovants et fiables, avec une forte culture de service de l’industrie du câblage structuré en Amérique du Nord, Berk-Tek câble et Leviton Network Solutions offriront à leurs clients des solutions intégrées inégaléesParis, France, 17 juillet, 2020 – Nexans annonce aujourd’hui la signature d’un accord de cession de Berk-Tek, l’un des principaux fabricants américains de câbles de réseaux locaux (LAN), à Leviton.Christopher Guérin, Directeur Général de Nexans : « Nos collègues de Berk-Tek rejoindront...

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Goodfellow Announces Election of Directors

DELSON, Quebec, July 17, 2020 (GLOBE NEWSWIRE) — Goodfellow Inc. (TSX: GDL) announced today that the nominees listed in the Management Proxy Circular dated June 5th, 2020, were elected as directors of Goodfellow. The detailed results of the vote for the election of directors, held at its Annual General Meeting of Shareholders on July 16th, 2020 in Delson, Qc, are set out below.Each of the following 6 nominees was elected as a Director.KPMG LLP was appointed as the Company’s auditor.Detailed voting results for the meeting are available on SEDAR at www.sedar.com.

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