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Day: August 27, 2020

D-BOX Technologies and Slightly Mad Studio collaborate on the launch of Project CARS 3

MONTREAL, Aug. 27, 2020 (GLOBE NEWSWIRE) — D-BOX Technologies Inc. (D-BOX) (TSX: DBO), a world leader in haptic and immersive entertainment experiences, and Slightly Mad Studios, a Codemasters® company and major video games developer, are excited to announce their collaboration on Project CARS 3, the new racing game simulation that releases today.Project CARS 3 will feature fully enabled D-BOX motion technology, allowing players to experience the racing game in all its realistic intensity.This collaboration is the culmination of 10 years of partnership between D-BOX and the studio behind legendary racing games such as the best-seller Project CARS franchise, Need for Speed: Shift and Shift 2, and many more games that integrate D-BOX’s high-definition haptics and motion technology.“D-BOX is thrilled to offer its expertise to such...

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D-BOX Technologies et Slightly Mad Studio collaborent pour le lancement de Project CARS 3

MONTRÉAL, 27 août 2020 (GLOBE NEWSWIRE) — D-BOX Technologies inc. (D-BOX) (TSX : DBO), un chef de file mondial en matière de technologie haptique et de divertissement immersif, et Slightly Mad Studios, un développeur de tout premier plan de jeux vidéo membre du groupe Codemasters®, ont le plaisir d’annoncer leur collaboration concernant Project CARS 3, le nouveau simulateur de course en vente dès aujourd’hui.Project CARS 3 intègre la technologie de mouvement complète de D-BOX, ce qui assure aux joueurs une expérience de jeu de course d’un réalisme saisissant.Cette collaboration est le fruit de dix années de partenariat entre D-BOX et le studio à l’origine de fameux jeu de course, notamment la franchise Project CARS, véritable succès de vente, Need for Speed: Shift et Shift 2, et de nombreux autres jeux dotés de la technologie haptique...

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Lithium Americas and Ganfeng Lithium Complete the Caucharí-Olaroz JV Transaction

VANCOUVER, British Columbia, Aug. 27, 2020 (GLOBE NEWSWIRE) — Lithium Americas Corp. (TSX: LAC) (NYSE: LAC) (“Lithium Americas” or the “Company”) is pleased to announce that it has completed the previously announced transaction with Ganfeng Lithium Co., Ltd. (together with its subsidiaries, “Ganfeng Lithium”) in respect of their joint venture company, Minera Exar S.A. (“Minera Exar”) (the “Transaction”). Minera Exar owns 100% of the Caucharí-Olaroz lithium project (“Caucharí-Olaroz”) currently under development in Jujuy, Argentina.On closing, Ganfeng Lithium subscribed for new shares of Minera Exar for cash consideration of US$16 million increasing its interest from 50% to 51%, with Lithium Americas owning the remaining 49%. In addition, Lithium Americas received US$40 million in cash from the proceeds of a non-interest-bearing...

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Afya Limited Announces Entering into of Purchase Agreement for the Acquisition of Faculdade de Ensino Superior da Amazônia Reunida

NOVA LIMA, Brazil and MINAS GERAIS, Brazil, Aug. 27, 2020 (GLOBE NEWSWIRE) — Afya Limited, or Afya (Nasdaq: AFYA) today announced it entered into a purchase agreement for the acquisition, through its wholly-owned subsidiary Afya Participações S.A., of 100% of the total share capital of Faculdade de Ensino Superior da Amazônia Reunida, or FESAR.The aggregate purchase price is R$260.0 million, including the real state of the operation estimated at R$ 21.0 million, of which 100% is payable in cash on the transaction closing date.FESAR is a post-secondary education institution with government authorization to offer on-campus, undergraduate courses in medicine in the State of Pará and medical course represents 70% of its 2019 Net Revenue. The 2024 projected Net Revenue for FESAR is R$ 88.6 million at full maturity, with medical courses...

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Credicorp Ltd.: Credicorp Announces Leslie Pierce’s Director Candidacy

Lima, Aug. 27, 2020 (GLOBE NEWSWIRE) — Lima, August 27th, 2020 – Credicorp Ltd. announced today its proposal for Leslie Pierce to stand for election at a Special General Meeting of Shareholders. Mr. Pierce’s candidacy is the result of a director search process following shareholder approval at the 2020 Annual Meeting [held on June 5th] to expand Credicorp Board of Directors from 8 to 9 members. The director search process, announced on June 26th, was led by the Board’s Compensation and Nominations Committee and welcomed shareholder input.“We are extremely pleased to announce Leslie’s candidacy as our 9th director. His extensive knowledge of the Peruvian economy and leadership and experience in a variety of roles in business and government would be invaluable to the Board,” said Luis Enrique Romero Belismelis, Credicorp’s Executive...

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Just Energy Announces Approval of its Recapitalization Plan

Received strong stakeholder support to approve RecapitalizationImplementation of the Recapitalization expected to occur in September 2020Business as usual continues for employees, customers, and suppliersTORONTO, Aug. 27, 2020 (GLOBE NEWSWIRE) — Just Energy Group Inc. (“Just Energy” or the “Company”) (TSX:JE; NYSE:JE), a retail energy provider specializing in electricity and natural gas commodities and bringing energy efficient solutions and renewable energy options to customers, today announced the approval of its recapitalization plan (the “Recapitalization”) at special meetings of securityholders held earlier today.  The Recapitalization is part of a comprehensive plan to strengthen and de-risk the business and position Just Energy for sustainable growth as an independent industry leader. The Recapitalization significantly improves...

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Whitestone REIT To Present at the BMO 2020 Real Assets Virtual Conference

HOUSTON, Aug. 27, 2020 (GLOBE NEWSWIRE) — Whitestone REIT (NYSE: WSR) (“Whitestone” or the “Company”), a leader in community-centered retail REIT that acquires, owns, manages, develops and redevelops high quality “e-commerce resistant” neighborhood, community and lifestyle retail centers, premier shopping, dining and entertainment destinations, today announced that Jim Mastandrea, Chairman and Chief Executive Officer, and Dave Holeman, Chief Financial Officer will provide a virtual overview of the Company’s business to the investment community at the BMO 2020 Real Assets Virtual Conference on Wednesday, September 2nd and Thursday, September 3rd, 2020.About Whitestone REIT Whitestone is a community-centered shopping center REIT that acquires, owns, manages, develops and redevelops high-quality neighborhood centers...

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WestBond Posts Slight Loss for Quarter Ended June 30, 2020

DELTA, British Columbia, Aug. 27, 2020 (GLOBE NEWSWIRE) — WestBond Enterprises Corporation (TSX-V: WBE) is pleased to announce its second quarter financial results and the official launch of ViroBan Plus – the company’s new disinfectant wipes.WestBond has posted a loss of $2,814 for the three months ended June 30, 2020. This represents a decrease from the profit of $124,303 for the three months ended June 30, 2019 of 102.3%. Sales decreased 28.8% to $1,955,341 this year compared to $2,746,044 for the three months ended June 30, 2019. The decrease is due to COVID-19 shut-downs in the hospitality industry, offset by increases in long-term care products and government wage subsidies.On a very positive note, WestBond has this week started to ship orders for its new disinfectant wipe, ViroBan Plus, to major health care distributers and...

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Educational Development Corporation Announces Renewal of Revolving Line of Credit

TULSA, Okla., Aug. 27, 2020 (GLOBE NEWSWIRE) — Educational Development Corporation (“EDC”, or the “Company”) (NASDAQ: EDUC) (http://www.edcpub.com) today announces the renewal of the revolving line of credit.  Randall White, CEO of Educational Development Corporation, announced the Company has renewed the line of credit with its lender, MidFirst Bank, for another year with a maximum revolving principal amount of $10,000,000.     Per Mr. White, “I am pleased to announce that we have renewed our line of credit with our lender for another year.   Due to our recent growth, we have generated increased cash flows from operations.   We ended the month of July 2020 with no borrowings on the line of credit and over $23.3 million in cash on our balance sheet.   In addition, we expect our cash balances to remain strong through the fall as...

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WOW! Unlimited Media Announces Corporate Leadership Reorganization

CEO Michael Hirsh To Take on Leadership of FrederatorFred Seibert, Frederator Founder and CEO, Returns to Independent ProductionTORONTO and VANCOUVER, British Columbia, Aug. 27, 2020 (GLOBE NEWSWIRE) — WOW! Unlimited Media, Inc. (“WOW!” or the “Company”) (TSX-V: WOW / OTCQX: WOWMF), a leading animation-focused entertainment company that includes Frederator Networks Inc. (“Frederator”) and Mainframe Studios, today announces a corporate leadership reorganization. Fred Seibert has resigned from his position as a Director and the Chief Creative officer of WOW!, as well as CEO of Frederator, effective November 27, 2020. Seibert will continue to work with the Company on current and future projects as an independent producer.Michael Hirsh, Chief Executive Officer of WOW! will take on the leadership of Frederator, serving as its CEO, and...

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