Day: July 27, 2020
TORONTO, July 27, 2020 (GLOBE NEWSWIRE) — CF Energy Corp. (TSX-V: CFY) (“CF Energy” or the “Company”, together with its subsidiaries, the “Group”), a leading new energy service provider in the People’s Republic of China (the ”PRC” or “China”) is pleased to announce that, the Group has officially launched operation of its first electric vehicle (“EV”) battery swap station in Sanya City. The first battery swap station of the Company is located near the Sanya’s airport. It is expected to start serving more than 100 registered EVs immediately in Sanya City. The station is designed to be able to complete each vehicle battery change within a three-minute time frame in a fully automated machinery process. As announced in Company’s earlier press release, our immediate plan is to build four of such stations in Sanya City by the end of...
National Defense/Aerospace Contractor Selects BIO-key’s PortalGuard to Solve Identity and Access Management Challenges Across its Business and Manufacturing Use Cases
Written by Customer Service on . Posted in Public Companies.
WALL, N.J., July 27, 2020 (GLOBE NEWSWIRE) — BIO-key International, Inc. (NASDAQ: BKYI), an innovative provider of identity and access management (IAM) solutions powered by biometrics, today announced that Fore Aero, a manufacturer of flight safety and support parts for national defense and aerospace markets, has selected BIO-key’s PortalGuard IAM platform to address their secure authentication requirements. The customer found PortalGuard to be the most secure, flexible, user friendly, and cost-effective solution of the several they had vetted.As a government contractor, Fore Aero was seeking a multifactor authentication solution to enhance security and meet federal requirements. The core requirement was to integrate a flexible and secure multifactor authentication solution to support its Windows 10 workstations. Additionally, Fore...
Western Uranium & Vanadium Corp. Prevails in Permit Hearing
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Toronto, Ontario and Nucla, Colorado, July 27, 2020 (GLOBE NEWSWIRE) — Western Uranium & Vanadium Corp. (CSE:WUC) (OTCQX:WSTRF) (“Western” or ”Company”) would like to provide the following update:Mined Land Reclamation Board Permit HearingThe Company prevailed in the mining permit hearing held before the state of Colorado’s Mined Land Reclamation Board (MLRB). At issue was the status of the five existing permits which comprise the Sunday Mine Complex (SMC). Due to COVID restrictions, the hearing took place utilizing a virtual-only format on Wednesday July 22, 2020 and the proceedings were recorded and are available for viewing on the Division of Natural Resources MLRB YouTube channel. While the matters were complex, the 3 to 1 decision acknowledged that the work completed at the Sunday Mines under Division of Reclamation,...
Lithium Americas Provides Update on COVID-19 Response at Caucharí-Olaroz
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VANCOUVER, British Columbia, July 27, 2020 (GLOBE NEWSWIRE) — Lithium Americas Corp. (TSX: LAC) (NYSE: LAC) (“Lithium Americas” or the “Company”) announced on July 6, 2020 that workers at the Caucharí-Olaroz lithium project (“Caucharí-Olaroz” or the “Project”) in Jujuy, Argentina tested positive for COVID-19. In response, construction was immediately suspended and all workers were quarantined and have undergone further testing. The local operating company, Minera Exar S.A. (“Minera Exar”), a 50/50 joint venture with the Company and Ganfeng Lithium Co. Ltd. (“Ganfeng Lithium”, together with the Company, the “Shareholders”), has completed testing of the entire workforce and safely demobilized the site. While additional workers tested positive for COVID-19, the Company has been advised that the majority of positive...
Reyna Silver Announces $4 Million Brokered Private Placement
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NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES.TORONTO and HONG KONG, July 27, 2020 (GLOBE NEWSWIRE) — Reyna Silver Corp. (“Reyna” or the “Company”) (TSXV: RSLV) announces its intention to raise up to $4,000,054 through a private placement of 6,451,700 units of the Company (the “Units”) at $0.62 per Unit (the “Financing”). In connection with the Financing, Reyna has engaged Eight Capital as its agent on a “best efforts” basis, subject to all required regulatory approvals.Each Unit will consist of one common share of the Company (a “Share”) and one-half of one Share purchase warrant (each whole warrant, a “Warrant”). Each Warrant will entitle the holder thereof to acquire one Share at a price of $0.90 for a period of 24 months following the Closing Date.The Company has granted Eight Capital...
OptimizeRx Joins with Change Healthcare to Expand Nationwide Platform Reach
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ROCHESTER, Mich., July 27, 2020 (GLOBE NEWSWIRE) — OptimizeRx Corp. (Nasdaq: OPRX), a leading provider of digital health solutions for life science companies, payers, providers and patients, has completed the latest expansion of its digital health communication network in collaboration with Change Healthcare (Nasdaq: CHNG).Change Healthcare’s Intelligent Healthcare Network™ is the broadest and deepest in the industry, driving 14 billion transactions each year, delivering $150 billion in payments, and providing unparalleled insights for the company’s data solutions business. The platform enables end-to-end workflows––from eligibility through payments––and supports a broad set of data and analytics offerings that create value for Change Healthcare customers.The integration of the two companies’ digital health platforms strengthens...
Lincoln Electric Reports Second Quarter 2020 Results
Written by Customer Service on . Posted in Earnings Releases And Operating Results.
Second Quarter 2020 HighlightsNet sales decline 24.0% on lower organic salesOperating income margin of 6.7%; Adjusted operating income margin of 10.7%EPS of $0.45; Adjusted EPS of $0.80Solid balance sheet profile and strong cash flow generation with 189% cash conversionCost reduction actions now estimated to provide $55 to $65 million of benefits in 2020CLEVELAND, July 27, 2020 (GLOBE NEWSWIRE) — Lincoln Electric Holdings, Inc. (the “Company”) (Nasdaq: LECO) today reported second quarter 2020 net income of $27.0 million, or diluted earnings per share (EPS) of $0.45, which includes special item after-tax net charges of $21.0 million, or $0.35 EPS. This compares with prior year period net income of $85.5 million, or $1.36 EPS, which included special item after-tax net benefits of $4.6 million, or $0.08 EPS. Excluding these items,...
Stichting Depositary Plethora Precious Metals Fund Reports Equity Interest in Pacific Empire Minerals Corp. (TSXV: PEMC; OTCQB: PEMSF)
Written by Customer Service on . Posted in Mergers And Acquisitions.
AMERSFOORT, Netherlands, July 27, 2020 (GLOBE NEWSWIRE) — Stichting Depositary Plethora Precious Metals Fund (“Plethora”) announces that on July 24, 2020 it acquired 2,800,000 Units (hereinafter defined) of Pacific Empire Minerals Corp. (the “Company”) at $0.05 per Unit pursuant to a private placement for gross proceeds of $140,000 (the “Acquisition”). Each “Unit” acquired consists of one common share in the Company (a “Share”) and one half of one common share purchase warrant in the Company (a “Warrant”). Each Warrant entitles the holder thereof to acquire one Share for $0.10 until July 24, 2022.Prior to this Acquisition, Plethora owned or controlled 5,500,000 Shares and 4,000,000 common share purchase warrants, representing approximately 11.36% of the total number of issued and outstanding Shares on an undiluted basis, and approximately...
Cowen Cross-Asset Team Announces Six Key Hires, Continuing Expansion
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NEW YORK, July 27, 2020 (GLOBE NEWSWIRE) — Cowen Inc. (NASDAQ:COWN) (“Cowen” or the “Company”) today announced six key recent additions to the firm’s Cross-Asset Division. Mike Kasper, Jodi Joskowitz, Jordan Cahn and Ronald Ryder have joined the Credit Sales and Trading desk. Jay Sommer and Matt Palamountain have joined Cowen’s Special Asset Group. All report to Jay McDermott and Burt Welly, Co-Heads of Cross-Asset, and Philip Cushman, Head of Global Equity and Cross-Asset Sales.“We’re very excited to welcome these six great hires to the team as we continue to scale our Cross-Asset business for the increasing opportunities we see in this space,” said Jay McDermott, Co-Head of Cowen’s Cross-Asset Group. “Mike, Jodi, Ron and Jordan all have built strong track records serving clients with their extensive expertise in...
Harrow Health to Announce Second Quarter 2020 Financial Results on August 10, 2020
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NASHVILLE, Tenn., July 27, 2020 (GLOBE NEWSWIRE) — Harrow Health, Inc. (NASDAQ: HROW) today announced that after the close of trading on Monday, August 10, 2020, it will release second quarter 2020 financial results and host a conference call at 5:00 p.m. Eastern Daylight Time / 2:00 p.m. Pacific Daylight Time to discuss the financial results and recent business developments.After the close of the market on August 10, 2020, Harrow will issue a press release containing a link to its second quarter 2020 Letter to Stockholders. The Letter to Stockholders will be archived on the Harrow Investor Relations website in the Archives section, along with the preceding letters, all of which can be found by clicking here. On the conference call, the primary objective is to allow analysts to engage in a question and answer session with the...