Day: August 28, 2020
TORONTO, Aug. 28, 2020 (GLOBE NEWSWIRE) — iSIGN Media Solutions Inc. (“iSIGN” or “Company”) (TSX-V: ISD) (OTC: ISDSF), a leading provider of interactive mobile proximity marketing and public security alert solutions announced in accordance with Ontario Instrument 51-502, Temporary Exemption from Certain Corporate Finance Requirements, of the Ontario Securities Commission (the “Exemption Order”), which was adopted for the purpose of providing certain filing and other relief to issuers in light of the challenges posted by the COVID-19 pandemic, that it will be delaying the filing of certain of its continuous disclosure documents.The Company is relying on the Exemption Order in delaying the filing of its audited annual financial statements and related management’s discussion and analysis and certifications for the fiscal year ended...
The Flowr Corporation Announces Third Tranche of Funding from Terrace Global
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TORONTO, Aug. 28, 2020 (GLOBE NEWSWIRE) — The Flowr Corporation (TSX.V: FLWR; OTC: FLWPF) (“Flowr” or the “Company”) is pleased to announce that the Company has closed on a third tranche of funding (the “Third Tranche”) in the amount of C$350,000 pursuant to the Equity Line and Profit Share Agreement (the “Agreement”) with Terrace Global Inc. (TSXV: TRCE) (“Terrace Global”). The Third Tranche will be used to fund the Company’s outdoor medical cannabis site in Aljustrel, Portugal which is jointly operated with Terrace Global (the “Partnership”).“We are very pleased by the progress in Aljustrel and continue to work closely with Terrace Global towards a successful harvest later this year,” commented Vinay Tolia, Chief Executive Officer of Flowr. “Thus far the crops in Aljustrel look very promising and we continue to be on track to...
XORTX Announces Change to Board of Directors
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CALGARY, Alberta, Aug. 28, 2020 (GLOBE NEWSWIRE) — XORTX Therapeutics Inc. (CSE : XRX) (OTCQB : XRTXF) (FRANKFURT : ANU1) (the “Company” or “XORTX”) a late clinical stage pharmaceutical development company focused on kidney disease, is pleased announce that Ian Klassen will join the XORTX board of directors effective immediately. The appointment of Ian Klassen coincides with the departure of Bruce Cousins. “I am pleased to welcome Ian Klassen to the XORTX board and look forward to his meaningful contributions to the Company as we advance our late stage clinical programs,” stated Dr. Allen Davidoff, President and CEO, who added, “On behalf of the board of directors, we wish to thank Bruce Cousins for his substantial contributions to the board and audit committee.”Ian brings almost 30 years of business management, public relations...
Resverlogix Provides Update Regarding Extension of its Filing Calendar
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CALGARY, Alberta, Aug. 28, 2020 (GLOBE NEWSWIRE) — Resverlogix Corp. (“Resverlogix” or the “Company”) (TSX:RVX) announces that, further to its July 28, 2020 press release, it continues to rely on blanket exemptions issued by provincial securities commissions due to the COVID-19 outbreak that permit the Company to extend the filing deadline of its annual financial statements for the year ended April 30, 2020 and related management’s discussion and analysis (“MD&A”) for a period of up to 45 days.The Company continues to rely on the exemptive relief to extend the date of filing of its annual financial statements for the year ended April 30, 2020, related MD&A and annual information form pursuant to National Instrument 51-102 (collectively, the “Annual Filings”). Resverlogix continues to...
Class 1 Nickel Issues Shares Under Somanike Property Option
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TORONTO, Aug. 28, 2020 (GLOBE NEWSWIRE) — Class 1 Nickel and Technologies Limited (“Class 1 Nickel” or the “Company”) (CSE: NICO), a Canadian company aiming to develop nickel-copper-cobalt sulphide deposits 45km northeast of Timmins, Ontario, today announces the issuance of 104,166 common shares in the capital of the Company (“Common Shares”) at a price of $0.72 per Common Share, being the closing price of the Common Shares on the date of issuance. The issuance of Common Shares satisfies all outstanding share issuances required by the Company to earn a 100% undivided interest from Quebec Precious Metals Corporation (“QPM”) in the Somanike Property, an exploration stage property consisting of 5146.06 hectares located in La Motte, Quebec. A copy of the option agreement concerning the Somanike Property dated April 27, 2020 (the “Option...
CF Energy Announces Financial Results For The Six-Month Period ended June 30, 2020
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TORONTO, Aug. 28, 2020 (GLOBE NEWSWIRE) — CF Energy Corp., (TSX-V: CFY) (“CF Energy” or the “Company”, together with its subsidiaries, the “Group”), an energy provider in the People’s Republic of China (the ”PRC” or “China”), announces that the Company has filed its unaudited condensed interim consolidated financial results for the six-month period ended June 30, 2020 (“1H 2020”).Results for the six-month period ended June 30, 2020Against the backdrop of business and economic recovery being at its early stage after the relaxation of quarantine and travel restrictions in China with the abatement of COVID-19, the adverse impact of COVID-19 which affected the three-month period ended March 31, 2020 has continued to affect the overall revenue, gas sales volume and results of the Group for the three-month period ended June 30,2020 (“Q2...
Trusted Brand 2016 Inc. and 1421526 Alberta Ltd. Announce TSXV Conditional Approval and Filing of Filing Statement
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EDMONTON, Alberta, Aug. 28, 2020 (GLOBE NEWSWIRE) — Trusted Brand 2016 Inc. (“Trusted Brand”) (TSX VENTURE: HAH.P), a capital pool corporation, and 1421526 Alberta Ltd. (“1421526”), are pleased to announce that Trusted Brand has received conditional approval from the TSX Venture Exchange (“TSXV”) for its previously announced Qualifying Transaction (as defined under TSXV Policy 2.4) with 1421526, whereby Trusted Brand will acquire all of the outstanding class “A” common shares of 1421526, together with all of the shareholder loans on a converted to equity basis (collectively the “Shareholder Interest”) for a total purchase price equal to the aggregate of the fair market value of the Shareholder Interest, being $11,328,422.71 (the “Transaction”). Pursuant to the Transaction, Trusted Brand will change its name to “Yorkton Equity Group...
Beyond Tobacco™ Expands Global Footprint: Secures Agreement with Chain of 70 Stores in U.S. and Two Additional Countries
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With more than 70 franchised storefronts in the U.K., Pakistan, and the U.S., Artisan has entered into a distribution agreement for Beyond Tobacco™ cigarettes, which are to be carried in select Artisan retail locations and online stores. Founded in 2013, Artisan has built an online and brick-and-mortar presence across three continents carrying a carefully-selected assortment of premium vaping merchandise. In addition to its franchised retail stores, Artisan also operates online stores in each of the countries in which it does business. Artisan and the Company are both confident that Beyond Tobacco™ cigarettes can perform well among existing vaping product offerings in Artisan stores.LAS VEGAS and VANCOUVER, British Columbia, Aug. 28, 2020 (GLOBE NEWSWIRE) — TAAT LIFESTYLE & WELLNESS LTD. (CSE: TAAT) (OTC: TOBAF) (FRANKFURT:...
Pasinex Announces Postponement in Filing of its Second Quarter Results for 2020
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TORONTO, Aug. 28, 2020 (GLOBE NEWSWIRE) — Pasinex Resources Limited (CSE: PSE) (FSE: PNX) (The “Company” or “Pasinex”) today announced that due to logistics and delays caused by the COVID-19 pandemic, the Company is relying on the British Columbia Securities Commission’s (the “Commission”) blanket order BCI 51-517 to postpone the filing of its second quarter financial statements and management’s discussion and analysis (collectively, the “Second Quarter Filings”) for the three and six months ended June 30, 2020.In response to the COVID-19 pandemic, the Commission and other securities regulatory authorities in Canada have granted a blanket exemption allowing issuers an additional 45 days to complete their regulatory filings that were otherwise due during the period June 2, 2020 to August 31, 2020.The Company’s joint venture in Turkey...
Jade Power Reports Second Quarter 2020 Results
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TORONTO, Aug. 28, 2020 (GLOBE NEWSWIRE) — Jade Power Trust (“Jade Power” or the “Trust”) (TSXV:JPWR.UN) is pleased to report its second quarter 2020 financial results. All amounts are expressed in Canadian Dollars unless otherwise noted. Highlights1Record energy generation of 88,456 MW hours (“MWh”) for the six months ended June 30, 2020; an increase of 3,758 MWh or 4% from the six months ended June 30, 2019.Energy generation of 38,247 MWh for the second quarter of 2020; an increase of 499 MWh or 1% from the second quarter of 2019.Record revenue for the six months ended June 30, 2020 of $10.7 million compared to $9.0 million for the same period in 2019; an increase of 19%. Revenue of $5.1 million for the second quarter of 2020, compared to $4.2 million for the second quarter of 2019, an increase of 21%.Record net income of $2.0...