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Day: August 31, 2020

Radisson Announces Closing of New Alger Project Acquisition and Partnership with Renforth Resources Inc.

Not for distribution to United States newswire services or for dissemination in the United StatesAll $ figured represent Canadian Dollars unless stated otherwiseROUYN-NORANDA, Quebec, Aug. 31, 2020 (GLOBE NEWSWIRE) — Radisson Mining Resources Inc. (TSX-V: RDS, OTC: RMRDF) (“Radisson”) and Renforth Resources Inc. (CSE – RFR) (OTC US– RFHRF) (WKN – A2H9TN) (“Renforth”) are pleased to announce the closing of the previously announced New Alger Project (“New Alger”) acquisition by Radisson from Renforth.  The New Alger acquisition is part of a long-term strategic relationship between the two companies that will include an investment by Radisson into Renforth, resulting in Radisson owning 9.6% interest in Renforth, while Renforth will own 5.7% interest in Radisson.  The Renforth financing is expected to close within the coming month. ...

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Radisson annonce la clôture de l’acquisition du projet New Alger et du partenariat avec Ressources Renforth Inc.

Le présent communiqué de presse n’est pas destiné à être diffusé par un service de presse américain ni diffusé aux États-UnisSauf Indication contraire, les montants sont en dollars canadiensROUYN-NORANDA, Québec, 31 août 2020 (GLOBE NEWSWIRE) — Ressources minières Radisson Inc. (TSX-V: RDS, OTC: RMRDF) (« Radisson ») et Ressources Renforth Inc. (CSE – RFR) (OTC US– RFHRF) (WKN – A2H9TN) (« Renforth ») sont heureuses d’annoncer la clôture de l’entente d’acquisition de New Alger à l’intérieur duquel Radisson acquerra 100% d’intérêt du projet aurifère New Alger ( « New Alger ») de Renforth et entrera dans une relation stratégique à long terme avec Renforth par le biais d’un investissement en équité par Radisson représentant 9,6% du capital-actions de Renforth. Renforth détiendra quant à elle 5,7% d’intérêt dans le capital-actions de...

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The Industry’s Only Low-Inductance Silicon Carbide (SiC) Power Module and Programmable Gate Driver Kit is Now Available for Inverter Designers

CHANDLER, Ariz., Aug. 31, 2020 (GLOBE NEWSWIRE) — The transformation to electrify transportation – from trains, trams, and trolleys to buses, automobiles and EV chargers – continues at a rapid pace, as countries shift toward improved modes of transit with greater efficiency and innovative technology. Microchip Technology Inc. (Nasdaq: MCHP) today announced its AgileSwitch® digital programmable gate driver and SP6LI SiC power module kit, a unified system solution to help designers quickly and effectively adopt disruptive Silicon Carbide (SiC) power devices – reducing time to market and ensuring confidence in field deployment.Microchip’s AgileSwitch digital programmable gate driver and SP6LI SiC power module kit speeds development from evaluation through production, eliminating the need to procure power modules and gate drivers separately...

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TRACON Pharmaceuticals Announces Additional $5.0 Million Private Placement

SAN DIEGO, Aug. 31, 2020 (GLOBE NEWSWIRE) — TRACON Pharmaceuticals (NASDAQ: TCON), a clinical stage biopharmaceutical company focused on the development and commercialization of novel targeted cancer therapeutics and utilizing a cost efficient, CRO-independent product development platform to partner with ex-U.S. companies to develop and commercialize innovative products in the U.S., today announced that following the closing of the private placement announced on August 27, 2020, it has entered into an additional definitive securities purchase agreement with multiple institutional health care focused funds to raise aggregate gross proceeds of approximately $5.0 million through a private placement of its common stock and pre-funded warrants. The closing of the private placement is expected to occur on or about August 31, 2020.TRACON...

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Asian Mineral Resources Arranges Preliminary Funding of US$26 Million for Restart of Production at its Oza Oil Field

Funding will allow first production in 3-4 months from drawdownRepresents significant milestone for Company as it transitions into a producerFunding arrangements from established Nigerian oil producer and large crude trader demonstrate vote of confidence for project and managementTORONTO, Aug. 31, 2020 (GLOBE NEWSWIRE) — Asian Mineral Resources Limited (the “Company”) (ASN-TSX Venture) is pleased to announce that, as more fully described below, its wholly-owned Nigerian-based subsidiary, Decklar Petroleum Limited (“Decklar”) has arranged preliminary funding of US$26 million to develop its Oza Oil Field in Nigeria. When fully disbursed, these funds are expected to be sufficient to re-establish oil production and provide development funding for the Company’s Oza Oil Field.  The Company’s CEO Duncan Blount commented:“The  funding arrangements...

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Global Medical Device Company Expands Deployment of BIO-key Biometric Authentication to Streamline Employee Training

WALL, N.J., Aug. 31, 2020 (GLOBE NEWSWIRE) — BIO-key International, Inc. (NASDAQ: BKYI), an innovative provider of identity and access management (IAM) solutions powered by biometrics, today announced that its long-time customer, global medical device manufacturer ICU Medical, Inc., has expanded its use of BIO-key biometric authentication to its new staff training program, streamlining check-in and automating FDA compliance recordkeeping.ICU Medical has been successfully using BIO-key biometric authentication solutions since 2005, initially to streamline and automate an FDA-regulated Quality Control (QC) signoff process within Oracle ERP during product manufacturing. This lean-process innovation shaved significant time off the production of their infusion products while ensuring in real-time that the signing QC staff member was...

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Aurora Spine Corporation Announces Financial Results for Second Quarter

NOT FOR DISTRIBUTION IN THE UNITED STATES OR OVER UNITED STATES WIRE SERVICES–  Gross margin improves to 41%, revealing company on track with FY20 strategy of selling more proprietary products  –CARLSBAD, Calif., Aug. 31, 2020 (GLOBE NEWSWIRE) — Aurora Spine Corporation (“Aurora Spine” or the “Company”) (TSXV: ASG) (US: AROSF), a company focused on bringing new solutions to the spinal implant market through a series of innovative, minimally invasive, regenerative spinal implant technologies, today announced the financial results for the second quarter ended June 30, 2020. All figures are in U.S. dollars.Business HighlightsSequential improvement of gross margin to 40.9% in Q2, up from 34.6% in Q1, due to sales mix that included more proprietary productsAdjusted EBITDA (a non-GAAP figure) was $(0.05) million for the second...

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Gentex Announces Third Quarter 2020 Cash Dividend

ZEELAND, Mich., Aug. 31, 2020 (GLOBE NEWSWIRE) — Gentex Corporation (NASDAQ: GNTX), the Zeeland, Michigan-based supplier of digital vision, connected car, dimmable glass, and fire protection technologies, today announced that its Board of Directors recently declared a quarterly cash dividend of $0.12 (12 cents) per share that will be payable October 21, 2020, to shareholders of record of the common stock at the close of business on October 9, 2020.About the CompanyFounded in 1974, Gentex Corporation (The NASDAQ Global Select Market: GNTX) is a supplier of automatic-dimming rearview mirrors and electronics to the automotive industry, dimmable aircraft windows for aviation markets, and fire protection products to the fire protection market. Visit the Company’s websites at www.gentex.com, fulldisplaymirror.com, and gentextech.com.Contact...

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Woodbridge International Closes Sale of World Archives SECZ, Ltd. to Charles Thayne Capital

NEW HAVEN, Conn., Aug. 31, 2020 (GLOBE NEWSWIRE) — Woodbridge International, a global mergers and acquisitions firm, is pleased to announce the acquisition of its client, World Archives SECZ, Ltd. by Charles Thayne Capital.World Archives, located in the Cayman Islands is one of the largest archives of historic newspapers available in the world with over 280M pages of content, sourced from over 15,000 newspaper titles from 47 countries. World Archives boasts a rich data set estimated to be 98% unique when compared to other leading brands. The company enables consumers, institutions and libraries alike to investigate historical records and trace family history.Charles Thayne Capital is a Chicago-based growth-oriented private equity firm focused on collaboration with world-class leaders to transform industries.Woodbridge International’s...

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Protech Enters Chicago Market With Accretive Acquisition of Health Technology Resources, LLC

CINCINNATI, Aug. 31, 2020 (GLOBE NEWSWIRE) — Protech Home Medical Corp. (“Protech” or the “Company”) (TSXV: PTQ), (OTCQX: PTQQF), a U.S. based leader in the home medical equipment industry, focused on end-to-end respiratory care, is pleased to announce that it has acquired Health Technology Resources, LLC (“HTR”), a company based in Illinois, reporting unaudited trailing 12-month annual revenues of approximately $5.5 million and adjusted EBITDA of approximately $1.65 million.Acquisition DetailsHTR is a leader in the respiratory home care services industry in the state of Illinois and presents Protech with the opportunity to expand into the Chicago area, a new and attractive metro hub in which the Company will leverage its existing first-rate infrastructure to create tremendous cross selling and patient growth opportunities as it continues...

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