Month: August 2020

SAN ANTONIO, Aug. 19, 2020 (GLOBE NEWSWIRE) — Rackspace Technology™ (NASDAQ: RXT) today announced the release of a new survey, “Technology Budgets: Managing Shifting Priorities.”The survey examines the proliferation of IT budget management across organizations. The results of the survey indicate that IT budgets are spread across many groups within organizations, making it increasingly difficult for IT decision makers to maintain visibility into where and how their IT budgets are being spent.The findings indicate that many organizations are not properly governing and optimizing costs. The survey finds that 50% of IT decision-makers lack a basic understanding of what cloud cost governance and cloud cost optimization are, and how they are different. Businesses in this category are at risk of cloud sprawl.Across the board, leaders recognize...

SAN FRANCISCO, Aug. 18, 2020 (GLOBE NEWSWIRE) — iRhythm Technologies, Inc. (NASDAQ: IRTC), a leading digital health care solutions company focused on the advancement of cardiac care, announced today the pricing of its underwritten public offering of 1,093,167 shares of its common stock at a public offering price of $175.00 per share, before deducting underwriting discounts and commissions. All of the shares are being offered for sale by iRhythm Technologies. In addition, iRhythm Technologies has granted the underwriters a 30-day option to purchase up to an additional 163,975 shares of its common stock at the public offering price, less underwriting discounts and commissions. The gross proceeds from the offering, before deducting underwriting discounts and commissions and other offering expenses payable by iRhythm Technologies, are...

REGN-COV2 is Regeneron’s two-antibody combination currently in late-stage clinical trials for the treatment and prevention of COVID-19 infection.The companies will collaborate on developing and manufacturing REGN-COV2. Regeneron will distribute REGN-COV2 in the U.S. and Roche will be responsible for distribution outside the U.S.Under this collaboration, the overall capacity of REGN-COV2 is expected to increase by at least three and a half times, substantially increasing the number of doses available to patients in the U.S. and around the world.Basel, 19 August 2020 – Roche (SIX: RO, ROG; OTCQX: RHHBY) and Regeneron (NASDAQ: REGN) announced today that they are joining forces in the fight against COVID-19 to develop, manufacture and distribute REGN-COV2, Regeneron’s investigational antiviral antibody combination, to people around...

VANCOUVER, British Columbia, Aug. 19, 2020 (GLOBE NEWSWIRE) — Gold Plus Mining Inc. (“Gold Plus” or the “Company”) (CSE: GPMI) is pleased to announce it has retained Prospectair Geosurveys Inc. to complete a high resolution heli-borne magnetic survey of the McDonough East Property (the “Property”). The Property is located in the Red Lake Gold Camp, in Red Lake, Ontario. The high resolution heli-borne magnetic survey will incorporate the totality of the property covering  1,535 ha.(3,793 acres) at 50m line spacings. The Property is 100% owned by Gold Plus Mining Inc. and is located 16km northwest of Red Lake, Ontario (Figure 1).

Flex LNG Ltd. (“Flex LNG” or the “Company”) today announced its unaudited financial results for the second quarter and six months ended June 30, 2020.Highlights:Revenues of $25.8 million for the second quarter 2020, compared to $38.2 million for the first quarter 2020.Net loss of $6.7 million and loss per share of $0.12 for the second quarter 2020, compared to a net loss of $14.9 million and loss per share of $0.27 for the first quarter 2020.Average Time Charter Equivalent (“TCE”) rate of $46,588 per day for the second quarter 2020, compared to $67,740 per day for the first quarter 2020.Adjusted EBITDA of $17.4 million for the second quarter 2020, compared to $27.8 million for the first quarter 2020.Adjusted net loss of $0.7 million for the second quarter 2020, compared to adjusted net income of $9.3 million for...

Press ReleaseNokia and 3 Indonesia develop Zero Drive Test assessment solution to enhance network quality and user experience  Zero Drive Test solution is 100 percent automated, replacing manual drive testingSolution delivers more detailed insights on network performance and helps reduce CO2 emissions19 August 2020Jakarta, Indonesia – Nokia today announced that it is working with 3 Indonesia, to optimize and expand its LTE network coverage and capacity to meet customer demand via a new Zero Drive Test solution.The solution will reduce CO2 emissions by replacing manual drive tests which is the typical method of assessing network coverage, capacity and quality. It is 100 percent automated, enabling 3 Indonesia to acquire detailed insights on network performance and enhance user experience. It is powered by Nokia’s AVA Cognitive Services...

THIS RELEASE MAY NOT BE DISTRIBUTED TO US WIRE SERVICES FOR UNITED STATES DISTRIBUTION.MONTREAL, Aug. 18, 2020 (GLOBE NEWSWIRE) — The management of Vanstar Mining Resources announces the resignation of Mr. Sebastien Plouffe, as director and VP – Public Relation, effective today.“Mr. Plouffe had been very helpful in Vanstar’s success and we thank him for his constant effort to improve Vanstar’s value since day 1 of his involvement with the company”, commented Mr. Jonathan Hamel, interim CEO.“I am very happy and proud with the opportunity I had to be involved with Vanstar. As a team worker, I consider, humbly, that my proactive work ethic and effort helped to increase the value of the company and brought it to another level. The Nelligan project still has a huge potential and I look forward to see the future drilling results...

TORONTO, Aug. 18, 2020 (GLOBE NEWSWIRE) — Emerita Resources Corp. (TSX-V: EMO) (the “Company” or “Emerita”) has signed an agreement with Zimtu Capital Corp. (“Zimtu”) to participate in Zimtu’s ZimtuAdvantage program. Zimtu shall receive $8,333 per month from the Company for a period of twelve months, with the entire 12 months payable at the beginning of the term of the agreement.ZimtuADVANTAGE is a program designed to provide opportunities, guidance, cost savings and assistance to clients covering multiple aspects of being a public company. The services may include building financial networks, building business networks, shared costs with other public companies, building a social media presence, conference opportunities, media outlets and guidance and special group pricing provided by Zimtu’s network of public company professionals....

Attached is an Information Memorandum for potential investors regarding the upcoming offering of shares in Icelandair Group. The memorandum will be followed by the publication of a Prospectus in the upcoming week.Although Icelandair Group entered the Covid-19 pandemic with a strong financial position, the Company will need to strengthen its liquidity position for the upcoming period where flight operations are expected to be at a minimum level. As previously announced, Icelandair Group intends to raise ISK 20 billion through sale of new shares which will provide vital liquidity for the Company. The Icelandic Government has already approved to provide the Company with a guarantee for a credit facility amounting to up to USD 120 million. The guarantee will be subject to terms for the guarantee and the credit facility being agreed upon between...

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATESTORONTO, Aug. 18, 2020 (GLOBE NEWSWIRE) — Caldas Gold Corp. (TSX-V: CGC; OTCQX: ALLXF) is pleased to announce that it has filed and obtained a receipt for a preliminary short form prospectus (the “Preliminary Prospectus”) in each of the provinces of Canada, except Québec, in connection with its CA$50,000,000 bought deal private placement of 22,222,222 special warrants (“Special Warrants”) completed on July 29, 2020 (the “Offering”). The Preliminary Prospectus relates to the qualification for distribution of the 22,222,222 units of the Company (the “Units”), issuable for no additional consideration, upon the exercise or deemed exercise of the Special Warrants. No additional Special Warrants or Units are being offered for sale in connection...