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Month: July 2020

Gibson Energy Announces Closing of $650 Million Medium Term Note Offering

CALGARY, Alberta, July 14, 2020 (GLOBE NEWSWIRE) — Gibson Energy Inc. (“Gibson” or the “Company”), (TSX: GEI), announced today that it has closed the previously announced offering of $650 million of senior unsecured medium term notes consisting of $325 million of 2.45% notes maturing on July 14, 2025 and $325 million of 2.85% notes maturing on July 14, 2027.  Gibson intends to use the net proceeds from the sale of the notes for the redemption of its outstanding $600 million 5.25% senior unsecured notes due July 15, 2024 (the “2024 Notes”), to reduce outstanding indebtedness under its revolving credit facility and for general corporate purposes.  As a result of the blended coupon rate of the notes being lower than that of the 2024 Notes, following the redemption Gibson expects annualized interest savings of approximately $16 million...

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Recce Pharmaceuticals Adds Biotech Veteran Alan W. Dunton M.D. to its Board of Directors

SYDNEY, Australia, July 14, 2020 (GLOBE NEWSWIRE) — Recce Pharmaceuticals Ltd (ASX: RCE) (Company), the Company developing new classes of synthetic anti-infectives, today announced the appointment of Alan W. Dunton, M.D., to its Board of Directors as an independent Non-Executive Director and as a member of the Company’s Audit & Risk and Remuneration & Nomination Committees.“On behalf of all the team at Recce, we welcome Dr. Dunton to our Board of Directors,” stated Dr. John Prendergast, Recce Pharmaceuticals Non-Executive Chairman. “Alan joins us at a critical time as we move into the second half of 2020, where we anticipate a number of human clinical trials evaluating our broad-spectrum novel antibiotic, RECCE® 327. In addition, we will continue to investigate the efficacy of our synthetic compounds against SARS-CoV-2...

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SLINGER BAG SPONSORS ‘TIEBREAK TENS’ TENNIS TOURNAMENT JULY 17TH FEATURING TOP UK PLAYERS INCLUDING KATIE SWANN AND KATIE BOULTER.

Innovative tie-break only tennis tournament will be held at Lawn Tennis Association’s Tennis Centre in London and air on BBC’s digital channelsBALTIMORE, London, July 14, 2020 (GLOBE NEWSWIRE) — Slinger Bag Inc. (OTC: SLBG) Slinger Bag, a sports brand focused on innovating game improvement equipment, with an initial focus on the global tennis market, is delighted to announce a sponsorship agreement as the title partner of Tie Break Tens presented by Progress Tour tournament taking place July 17th.The Tie Break Tens series comes to London after success in major cities across the world including Melbourne and New York and is considered a quick-fire version of tennis that anyone can play. Unlike conventional tennis matches, Tie Break Tens matches are comprised solely of tie breaks – no games, no sets, just exhilarating ten-point breakers...

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AAR Elects Robert F. Leduc to its Board of Directors

Wood Dale, July 14, 2020 (GLOBE NEWSWIRE) — AAR (NYSE: AIR) announced today that Robert F. Leduc, retired President of Pratt & Whitney, has been elected to the Company’s Board of Directors, effective immediately. The addition of Mr. Leduc increases the size of the Board from 12 to 13 directors. “Bob brings significant industry and leadership experience as well as a deep knowledge of the aviation market from his time at United Technologies,” said John M. Holmes, President and Chief Executive Officer of AAR. “We are very pleased to welcome Bob to our Board of Directors and look forward to his contributions.”Mr. Leduc, 64, recently retired as president of Pratt & Whitney, a role he held since January 2016. Previously he served in a number of senior executive roles for more than 38 years at United Technologies...

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ECMOHO CEO Delivered a Speech about Digitalization at 2020 Health Industry West Lake Forum

SHANGHAI, China, July 14, 2020 (GLOBE NEWSWIRE) — Ms. Zoe Wang, Founder and Chief Executive Officer of ECMOHO Limited (Nasdaq: MOHO) (“ECMOHO” or the “Company”), a leading integrated solutions provider in the rapidly growing non-medical health and wellness market in China, attended the “2020 Health Industry West Lake Forum” in Wuzhen and shared her view on the theme of “Hello 2030: How Strategic Digitalization Helps to Sustain High Growth”.Ms. Wang delivered a speech at the forum that covered the following major points:Strategic digitalization is the foundation for the future development of the health industry. It could help enterprises respond immediately to changes in market conditions, achieve cost reductions and efficiency improvement, achieve efficient and accurate user retention and renewal, and provide...

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AMMO, Inc. Invests in Additional Machinery to Further Increase Manufacturing and Production Capacity

SCOTTSDALE, Ariz., July 14, 2020 (GLOBE NEWSWIRE) — AMMO, Inc. (OTCQB: POWW) (“AMMO” or the “Company”), a premier American ammunition and munition components manufacturer and technology leader, has made additional investments in new machinery to further increase the Company’s manufacturing and production capacity at its facility in Payson, AZ.In the coming weeks, AMMO will be adding new loading, inspection and priming machines, along with a new laser machine to be utilized for the Company’s production of its proprietary STREAK ammunition offerings. Once the new machinery is up and running, the Company expects the following daily capacity increases by year-end of calendar 2020 compared to year-end of calendar 2019:Pistol loading daily capacity to increase by nearly 500%Rifle loading daily capacity to increase by nearly 170%STREAK...

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Stifel Hires Former PureStar CEO David Carpenter as Senior Advisor

ST. LOUIS, July 14, 2020 (GLOBE NEWSWIRE) — Stifel Financial Corp. (NYSE: SF) today announced an agreement with David Carpenter, former CEO of PureStar, to serve as a senior advisor. He will work with Stifel professionals across industry verticals, with a primary focus on Business Services.Most recently, Mr. Carpenter served as the CEO of PureStar, the industry leader in hospitality linen. Under his leadership, PureStar successfully unified multiple laundry and linen management organizations, positioning the company as the continent’s foremost provider of outsourced laundry solutions to the hospitality industry. He previously served as President of the Education Group for ABM, the largest facilities services provider in the United States. Prior to that, Mr. Carpenter was CEO of school and charter bus operator Atlantic Express. He...

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StrikeForce Technologies Files a Regulation A Form 1-A for Raising Funds for It’s SafeVchat Video Conferencing Service

EDISON, N.J., July 14, 2020 (GLOBE NEWSWIRE) — StrikeForce Technologies, Inc. (OTC PINK: SFORD), the “Company”, a unique Cyber Security Company filed a Regulation A, Form 1-A today for raising money for our newest product, “SafeVchat”, which will be the industry’s most secure and comprehensive video conferencing solution.StrikeForce Technologies has to first get the Regulation A, Form 1-A qualified by the Securities and Exchange Commission. There are no assurances as to the time frame for qualification.  Following qualification, we intend to raise up to $2.5million dollars in the registered offering, for which prospective qualified investors will receive shares of our common stock, the proceeds of which will be used for completing the product.Mark Kay, CEO of StrikeForce commented, “The best way to raise funds for this product is...

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