Month: July 2020

TORONTO, July 07, 2020 (GLOBE NEWSWIRE) — Cardinal Resources Limited (ASX/TSX: CDV) (“Cardinal” or “Company”) announces that further to the press release and the Bid Implementation Agreement dated 18 June 2020, Cardinal has now raised A$11,960,000 as a result of the issue of 26,000,000 fully paid ordinary shares (“Placement”) to Shandong Gold Mining (HongKong) Co., Ltd (a subsidiary of Shandong Gold Mining Co., Ltd.) (“Shandong Gold”) in accordance with the terms of the Bid Implementation Agreement.Shandong Gold has agreed to acquire 100% of the issued and outstanding ordinary shares in Cardinal at a price of A$0.60 cash per share, by way of an off-market takeover offer (“Offer”). The proposed off-market takeover offer requires a number of conditions to be met, including a 50.1% minimum acceptance condition.Shareholder approval...

Fort Lauderdale, FL, July 07, 2020 (GLOBE NEWSWIRE) — via NEWMEDIAWIRE — Veritas Farms, Inc. (OTCQB: VFRM) (“Veritas Farms” or the “Company”), a vertically integrated agribusiness focused on the production of full spectrum hemp oil products with naturally occurring cannabinoids, is pleased to announce the Company has signed a Memorandum of Understanding with an international technology company to exclusively license and bring a proprietary extraction technique to the domestic U.S. hemp industry.The proprietary patent-pending extraction process utilizes water-soluble technology to extract the natural full-spectrum essence of the hemp plant, including all of its cannabinoids, terpenes, and flavonoids.  The technology, demonstrated to be effective in Canada on other types of agricultural products, provides extracts that are more...

BERLIN and LAUSANNE, Switzerland, July 07, 2020 (GLOBE NEWSWIRE) — Life Molecular Imaging and AC Immune SA (NASDAQ: ACIU) announce the publication of clinical data of the investigational Tau-positron emission tomography (PET) tracer PI-2620 in patients with progressive supranuclear palsy (PSP). The tracer is shown to be a promising biomarker for the improved detection and characterization of this currently untreatable, fatal disease.The observational study, which is published now in JAMA Neurology1, is a multi-center evaluation led by nuclear medicine physicians and neurologists from Munich and Leipzig, Germany, together with researchers at study sites in New Haven, Cologne and Melbourne. The results indicate that PI-2620 could facilitate an earlier and more reliable diagnosis of PSP, where previous Tau tracers and other biomarkers...

Closed $6 Million Credit Facility;Environmental Sciences Recurring Revenue Increased 80%, or $900,000, to $2.0 Million from $1.1 Million in the 2019 First Quarter;Secured 18 New Engineering Design Projects;Customer Deposits against Future Shipments Increased to $3.6 Million from $2.9 Million at 12/31/19;Operating Expenses Decreased 16% over the 2019 First QuarterLAFAYETTE, Colo., July 07, 2020 (GLOBE NEWSWIRE) — urban-gro, Inc. (OTCQX: UGRO) (“urban-gro” or the “Company”), a leading engineering design services company that integrates complex equipment systems into high-performance indoor cultivation facilities for the global commercial horticulture market, announced its financial results for the quarter ended March 31, 2020.First Quarter Financial SummaryThe Company generated revenues of $4.3 million in Q1 2020, compared to $5.8...

MONTREAL, July 07, 2020 (GLOBE NEWSWIRE) — Management of SIRIOS RESOURCES INC. (TSX VENTURE: SOI) is pleased to provide details on its 2020 summer exploration programs for three of its gold properties. These programs include exploration trenching on its flagship Cheechoo project, diamond drilling and a soil sampling survey on its Aquilon property, as well as a prospecting program on the Niska property, located 10 km northeast of Azimut Exploration’s Elmer gold discovery.Cheechoo (Inferred resources of 1.6 Moz1 contained in 71 Mt @ 0.69 g/t Au)In mid-July exploration trenching will be completed on an area located several kilometers north of the conceptual pit used to define the current resources estimation. The trenching program will target soil anomalies, similar to those identified in the area of the Cheechoo deposit.Drill core...

MONTRÉAL, 07 juill. 2020 (GLOBE NEWSWIRE) — Les dirigeants de RESSOURCES SIRIOS (TSX-V : SOI) ont le plaisir d’annoncer le programme d’exploration de l’été 2020 sur ses projets aurifères. Les travaux comprennent la réalisation de tranchées d’exploration sur son projet phare Cheechoo, du forage au diamant et un levé d’échantillonnage des sols sur la propriété Aquilon, de même que de la prospection sur la propriété Niska située à 10 km au nord-est de la découverte Elmer d’Exploration Azimut.Cheechoo (ressources présumées de 1,6 Moz Au1 contenues dans 71 Mt @ 0,69 g/t Au)Des tranchées d’exploration seront réalisées dès la mi-juillet à quelques kilomètres au nord de la fosse conceptuelle délimitée lors de l’estimation de ressources. Elles cibleront des anomalies de sols similaires à celles que l’on retrouve dans le secteur du gîte.Parallèlement...