Month: August 2020

A.I.S. Resources Signs Binding LOI to Acquire the Toolleen-Fosterville Gold Project EL006001

Written by Customer Service on August 24, 2020. Posted in Mergers And Acquisitions.

VANCOUVER, British Columbia, Aug. 24, 2020 (GLOBE NEWSWIRE) — A.I.S. Resources Ltd. (TSX: AIS, OTCQB: AISSF) (“AIS” or the “Company”) announces that on August 24th, 2020 the Company entered into a Binding Letter of Intent (“LOI”) with Providence Gold and Minerals Pty Ltd (“PGM”), to acquire the Toolleen-Fosterville Gold project (the “Project”) located 3 km from the township of Toolleen and 12 km from the Kirkland Lake Fosterville gold mine. The Project is situated on freehold land and has no native title claim.Fig 1: https://www.globenewswire.com/NewsRoom/AttachmentNg/9b6f0ce0-ba9d-4485-b781-9d05f7c87cff Close to the 7.58Moz. Gold Fosterville MineAIS President & CEO, Phillip Thomas commented, “With the Toolleen-Fosterville Project’s close proximity to the 7.58 Moz. gold Fosterville Mine (Kirkland Lake Gold–KL-NYSE) we are in...

Aircraft Engine Market Size to Reach USD 85.44 Billion by 2027, at 11.27% CAGR; Increasing Demand for Low-cost Products will Create Several Growth Opportunities, says Fortune Business Insights™

Written by Customer Service on August 24, 2020. Posted in Mergers And Acquisitions.

Pune, Aug. 24, 2020 (GLOBE NEWSWIRE) — The global aircraft engine market size is projected to reach USD 85.44 billion by the end of 2027. The increasing investments in technological integration will play a huge role in the growth of the market in the coming years. The presence of several large scale companies across the world will have a huge impact on the growth of the overall market. According to a report published by Fortune Business Insights, titled “Aircraft Engine Market Size, Share & COVID-19 Impact Analysis, By Engine Type (Turboprop, Turboshaft, Turbofan, and Piston Engine), By Technology (Conventional Engine, Electric/Hybrid Engine), By Component (Compressor, Turbine, Gear Box, Exhaust Nozzle, Fuel System, and Others), By Platform (Commercial and Military), By End-Use (OEM, Aftermarket), and Regional Forecast, 2020-2027”....

Iconic Brands Announces Record Revenues in Second Quarter 2020 Financial Results

Written by Customer Service on August 24, 2020. Posted in Public Companies.

Record revenue reported for Q2 2020 Represented in a 626% Year-Over-Year IncreaseResults Driven by Strong Increases in Direct to Consumer Sales of Its Branded Wines and SpiritsAMITYVILLE, NY, Aug. 24, 2020 (GLOBE NEWSWIRE) — via NEWMEDIAWIRE – Iconic Brands, Inc. (OTCQB: ICNB) (“Iconic” or the “Company”), a lifestyle branding company with the highest expertise of developing, from inception to completion, alcohol beverage products for itself and third parties, today reported its second quarter financial results for the three-month period ended June 30, 2020. Second Quarter 2020 Financial HighlightsTotal revenue of $1,055,600 for the three months ended June 30, 2020, compared to $145,294 for the three months ended June 30, 2019, an increase of $910,306 or approximately 626% year-over-year.Gross profit was $727,540, an increase of...

Simply Green Home Services To Make Friendly, Premium All-Cash Offer to Acquire Dealnet

Written by Customer Service on August 24, 2020. Posted in Public Companies.

Dealnet’s Board unanimously supports the Offer, which will provide shareholders with the opportunity to crystallise the value of their holdings in cashOffer of $0.16 per Common Share represents a premium of 33% to the closing price of the Common Shares on the TSX-V on August 21, 2020, a premium of 52% to the 30-day VWAP on the TSX-V for the period ending August 21, 2020 and a premium of 93%to the 90-day VWAP on the TSX-V for the period ending August 21, 2020Transaction has a total equity value of $47.8 millionTORONTO, Aug. 24, 2020 (GLOBE NEWSWIRE) — Dealnet Capital Corp. (“Dealnet” or the “Company”) (TSX VENTURE: DLS) and Simply Green Home Services Inc. (“Simply Green”), part of the Simply Group of Companies, announced today that they have entered into a definitive support agreement (the “Agreement”), pursuant to which Simply...

Marathon Patent Group Announces Installation of 1,360 Next Generation Miners, Increases Hashrate 130/Ph or 230%

Written by Customer Service on August 24, 2020. Posted in Public Companies.

LAS VEGAS, Aug. 24, 2020 (GLOBE NEWSWIRE) — Marathon Patent Group, Inc. (NASDAQ:MARA) (“Marathon” or “Company”), today announced that it received 700 WhatsMiner M31S+ Miners from MicroBT and 600 S19 Pro Antminers from Bitmain. All 1,360 have been deployed at the Company’s Hosting facility with Compute North, and the new installations have increased the Company’s Hashrate by 130/Ph to 186/Ph.Between May 19, 2020 and June 11, 2020, the Company announced the purchase of 1,000 additional S19 Pro Antminers. 500 of these units are scheduled to arrive in September and another 500 in December of this year. When received and deployed, these 1,000 S-19 Pro Miners will add an additional 110/Ph to the Company’s production (from the 500 installed as a result of the September delivery) and December which will add an additional...

Cassava Sciences Announces Lead Drug Candidate PTI-125 Is Assigned the Chemical Drug Name ‘sumifilam’ by USAN

Written by Customer Service on August 24, 2020. Posted in Public Companies.

– Sumifilam Is First of a New Class of Drugs That Target Filamin Proteins –– A Commercial Brand Name for Sumifilam is Expected at a Future Date –AUSTIN, Texas, Aug. 24, 2020 (GLOBE NEWSWIRE) — Cassava Sciences, Inc. (Nasdaq: SAVA), a clinical-stage biotechnology company focused on Alzheimer’s disease, today announced that its lead drug candidate PTI-125 has been assigned the chemical drug name sumifilam by the United States Adopted Names (USAN) Council. Future references to PTI-125 will be sumifilam. A commercial brand name for sumifilam is expected to be announced at a future date. Sumifilam is an investigational new drug and has not been approved for any indication.Sumifilam is the first of a new class of drugs that bind filamin proteins. For this reason, USAN is expected to grant this class of drugs its...

Healthier Choices Management Corp Secures $2.5M financing for PPE Initiative

Written by Customer Service on August 24, 2020. Posted in Public Companies.

HOLLYWOOD, FL, Aug. 24, 2020 (GLOBE NEWSWIRE) — Healthier Choices Management Corp. (OTC Pink: HCMC) (“HCMC or the “Company”) announces funding for PPE initiative.The Company announced today that it has secured $2.5M in debt financing to fund its recent PPE initiative.“Keeping in line with providing healthier choices, the Company yesterday secured funding which will allow it to expand its initiative to provide on the ground PPE product, with a focus on customers needing smaller lots and having more price sensitivity”, said Jeff Holman, CEO of Healthier Choices Management Corp.Mr. Holman continued, “We identified a niche market that needs servicing, and we intend to take an ‘old school’ approach of building a consistent book of business for this initiative. The industry has been inundated with “spot sales”, often attempting to sell...

Patient Enrolment Opens in COVID-19 Clinical Trial

Written by Customer Service on August 24, 2020. Posted in Public Companies.

MELBOURNE, Australia, Aug. 24, 2020 (GLOBE NEWSWIRE) — Cynata Therapeutics Limited (ASX: CYP), a leading clinical-stage biotechnology company specialising in cell therapeutics, is pleased to announce that the MEND (MEseNchymal coviD-19) Trial is now open for patient enrolment. Following ethics committee approval (as announced on 8 May 2020), this important step represents the formal commencement of this clinical trial. The MEND Trial will investigate early efficacy of Cynata’s proprietary Cymerus™ mesenchymal stem cells (MSCs) in adults admitted to intensive care with COVID-19. Dr. Kilian Kelly, Cynata’s COO, said:“The opening of enrolment of this clinical trial is a major achievement for Cynata. The trial builds on the solid pre-clinical foundations for the use of our Cymerus MSC technology in respiratory diseases, including acute...

Bionano Genomics Acquires Diagnostics Services Provider Lineagen, Inc. to Accelerate Clinical Adoption of Saphyr for Digital Cytogenetics

Written by Customer Service on August 24, 2020. Posted in Mergers And Acquisitions.

Lineagen is a provider of proprietary molecular diagnostics services for individuals showing clinical presentations consistent with neurodevelopmental disorders, including autism spectrum disorder (ASD) and other disorders of childhood developmentAcquisition expands Bionano’s commercial footprint by adding a robust commercial-stage diagnostics services business based on a menu of Laboratory Developed Tests (LDTs) and other services performed in a CLIA-certified environment serving a $1 billion marketLineagen’s team complements Bionano by adding leading cytogeneticists, genetic counselors, laboratory operations and billing experts, clinical commercialization experts, and payor contractsThe addition of Lineagen gives Bionano a unique and powerful combination of centralized and decentralized solutions for genomics research and clinical genomics...

CloudMD to Acquire Profitable Seven Location Rehabilitation Clinic Network with $5.8 Million in Annual Revenue

Written by Customer Service on August 24, 2020. Posted in Mergers And Acquisitions.

Re:Function Health Group is a leading integrated clinic network offering various rehabilitation services35 Specialists & Allied Professionals including: Occupational Therapists, Physiotherapists, Kinesiologists, Psychologists, Psychiatrists, and CounsellorsCashflow positive business with $5.8 million in annual revenue and EBITDA margins north of 19%This acquisition will provide CloudMD and Re:Function patients with a comprehensive, single stop for their healthcare needsThe acquisition will be immediately accretive given the existing CloudMD patient base will have access to the clinical services offered by Re:FunctionVANCOUVER, British Columbia, Aug. 24, 2020 (GLOBE NEWSWIRE) — CloudMD Software & Services Inc. (TSXV: DOC, OTCQB: DOCRF, Frankfurt: 6PH) (the “Company” or “CloudMD”), a telehealth company revolutionizing the...

Month: August 2020

Disclaimer & Cookie Notice

Welcome to GOLDEA services for Professionals