Month: July 2020

Hexagon Purus has signed a contract with a major US hydrogen fuel supplier and hydrogen refueling station operator to provide multiple X-STORE transport modules for the distribution of high-pressure hydrogen gas. The contract has an estimated value of USD 4.8 million (approx. NOK 45 million) and includes additional purchase options that, if exercised, will bring the total value of the contract to approximately USD 7 million (approx. NOK 65 million). The contract represents the first North American customer of Hexagon’s X-STORE line of transport modules for high pressure hydrogen gas. The purchased transport modules are composed of Hexagon’s proprietary, lightweight, Type 4, 500 bar pressure vessels. The 20-foot modules are designed to carry nearly 600 kg of hydrogen. The high capacity of these modules reduces transportation cost on a...

All business owners aspire to take their business to new heights and everyone is aware of the fact that it can only be possible with access to funds. Growth and expansion of a business requires funds. If you have a business plan in mind and are looking for a lender to be your partner in growth, Hero FinCorp will offer a loan that is suitable for your business. A well known name in the country, Hero FinCorp business loan can take your business to its potential. Irrespective of the type of business you own or the industry you operate in, a business loan will help you in many ways. You need to have a business plan in mind and your business should be profitable. Hero FinCorp has a presence across the length and breadth of the country and they strive to help individuals who are in need of finance. They offer both secured and unsecured business...

MIAMI (July 13, 2020) – Ken Saltzman has been named principal of information technology for MBAF, in addition to serving as the acting chief technology officer of the firm. The announcement was made by Tony Argiz, chairman and CEO of MBAF. Saltzman, who is based in the firm’s Miami office, has been with the company for over 17 years. He is responsible for ensuring workflow across MBAF’s 13 offices remains uninterrupted for its more than 650 employees. Saltzman has a deep understanding of computer engineering and critical business software that allows him to perform a wide variety of tasks, including the maintenance and management of the firm’s complex server network as well as configuring its networking equipment. “The COVID-19 pandemic brought new technological challenges that required many of our employees to change the way they work,”...

Black Hawk, Colorado, July 18, 2020 (GLOBE NEWSWIRE) — Monarch Casino Resort Spa is hiring hundreds of new Team Members to work in its newly-expanded luxury gaming resort nestled in the Rocky Mountains of beautiful Black Hawk, Colorado. This is great news for anyone whose COVID-19 unemployment benefits are coming to an end this month, or anyone looking for a great new career with a stable hospitality company.Monarch Casino is nearly ready to open its luxurious, mountain modern 23-story resort hotel, an array of delicious new dining destinations including the white tablecloth Monarch Chophouse, and an expanded gaming floor with 24-hour red-hot gaming action. If you’d like to join the Monarch Casino Resort Spa team on the ground floor of this exciting expansion, come dressed to impress and ready to be hired on the spot to Monarch’s...

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE U.S.SALINAS, Calif., July 17, 2020 (GLOBE NEWSWIRE) — Indus Holdings, Inc. (“Indus” or the “Company”) (CSE: INDS; OTCQX: INDXF), announces that it has terminated the pending acquisition of assets from W Vapes announced in May of 2019. The termination of the transaction coincides with an asset acquisition announced between Planet 13 and W Vapes. All figures stated are in US Dollars.Under the terms of the termination, Indus will no longer be obligated to acquire the assets of W Vapes. Additionally, the Las Vegas facility that Indus acquired on December 6, 2019, which is home of the local cultivation operations, will be sold to certain affiliates of Planet 13. Indus received a cash payment of $500,000 at signing and upon the closing of the transaction following...

FRANKLIN, Ind., July 17, 2020 (GLOBE NEWSWIRE) — IBC Advanced Alloys Corp. (“IBC” or the “Company”) (TSX-V: IB; OTCQB: IAALF) announced today that, subject to regulatory approval, it has granted stock options to acquire an aggregate of 200,000 common shares each to non-executive directors of the Company under its stock option plan.  Each option is exercisable following a vesting schedule over three years to acquire one common share at a price of C$0.21 per share.On Behalf of the Board of Directors:“Mark A. Smith”DirectorCONTACTS:Mark A. Smith, CEO and ChairmanJim Sims, Investor and Public Relations+1 (303) 503-6203Email: jsims@policycom.comWebsite:  www.ibcadvancedalloys.com@IBCAdvanced $IB $IAALFABOUT IBC ADVANCED ALLOYS CORP.IBC is a leading beryllium and copper advanced alloys company serving a variety of industries such as defense,...

Vancouver, B.C., July 17, 2020 (GLOBE NEWSWIRE) — Lomiko Metals Inc. (TSX-V: LMR, OTC: LMRMF, FSE: DH8C) (Lomiko or the “Company”) announces that it has engaged Kenmar Securities, LLC of New York (“The Advisor”) to raise $ 40 million Cdn for acquisition and development of critical metals projects. Kenmar Securities, LLC, is a Delaware limited liability corporation and SEC-registered securities broker-dealer and FINRA member.The Advisor will assist the Company in analyzing its business, operations, properties, financial condition and prospects, prepare suitable marketing materials, contact any potential partner companies, assist and advise the Company with respect to the financial form and structure of any potential transaction. “This year is the start of the Electric Vehicle Revolution.  Lomiko would like to become part of the Battery...

TORONTO, July 17, 2020 (GLOBE NEWSWIRE) — In accordance with regulatory requirements, Dundee Corporation (TSX: DC.A) (“Dundee”) announces that, through its wholly owned subsidiary, Dundee Resources Limited it has sold 8,463,013 common shares (“Shares”) of Orford Mining Corporation (TSXV:ORM) (the “Issuer”) at a price of $0.09 per share for aggregate consideration of $761,671.Immediately prior to the disposition of securities described in this news release, Dundee owned or controlled 12,975,577 common shares and warrants to purchase up to 289,992 common shares of the Issuer representing an approximate 13.63% interest in the Issuer on an undiluted basis and 13.90% on a partially diluted basis.  Immediately following the transaction that triggered the requirement to file this news release, Dundee owns 4,512,564 common shares and warrants...

TORONTO, July 17, 2020 (GLOBE NEWSWIRE) — WPT Industrial Real Estate Investment Trust (the “REIT”) (TSX: WIR.U; WIR.UN) (OTCQX: WPTIF) announced today that its Board of Trustees has declared a cash distribution for the month of July 2020 of US$0.0633 per unit. The distribution will be payable on August 17, 2020 to unitholders of record as of the close of business on July 31, 2020.Distributions paid to Canadian unitholders (and other non-U.S. unitholders) generally will be subject to U.S. withholding tax. For a general summary of the taxation of distributions paid to Canadian unitholders, including information regarding U.S. withholding tax, please see the “Certain Canadian Federal Income Tax Considerations”, “Certain U.S. Federal Income Tax Considerations” sections of the REIT’s prospectus dated April 18, 2013, and “Risk Factors...

Dr. Pourhassan and Mobeen Syed, M.D., M.S. will discuss the Company’s multi-pathway to exploring the many potential opportunities for leronlimab, including COVID-19VANCOUVER, Washington, July 17, 2020 (GLOBE NEWSWIRE) — CytoDyn Inc. (OTC.QB: CYDY), (“CytoDyn” or the “Company”), a late-stage biotechnology company developing leronlimab (PRO 140), a CCR5 antagonist with the potential for multiple therapeutic indications, announced today Nader Pourhassan, Ph.D., President and Chief Executive Officer of CytoDyn will be interviewed on the DrBeen webcast hosted by Mobeen Syed, M.D., M.S. on Saturday, July 18, 2020 at 6:00 pm PT. The interview will be available simultaneously on two channels:YouTube – DrBeen Medical LecturesLink:  https://www.youtube.com/c/USMLEOnlineFacebook: DrBeen MedicalLink:  https://m.facebook.com/drbeenmedicalDate: ...