Month: August 2020

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICESOR FOR DISSEMINATION IN THE UNITED STATESTORONTO, Aug. 14, 2020 (GLOBE NEWSWIRE) — Adventus Mining Corporation (“Adventus” or the “Company”) (TSX-V: ADZN) announces it has completed its bought deal prospectus offering announced on July 28, 2020 (the “Offering”). Raymond James Ltd., Haywood Securities Inc., and National Bank Financial Inc. acted as co-lead underwriters of the Offering, with participation by Cormark Securities Inc., BMO Capital Markets Inc., Eight Capital, and Laurentian Bank Securities Inc. (collectively, the “Underwriters”). Pursuant to the Offering, the Company issued a total of 27,559,100 common shares of the Company (the “Shares”) at a price of C$1.27 per Share (the “Offering Price”), representing aggregate gross proceeds of C$35,000,057.Adventus...

WEST LAFAYETTE, Ind., Aug. 14, 2020 (GLOBE NEWSWIRE) — Bioanalytical Systems, Inc. (NASDAQ:BASI) (“BASi”, the “Company”, “We” or “Our”), doing business as Inotiv, a leading provider of nonclinical and analytical contract research services, today announced financial results for the three months ended June 30, 2020.During the third quarter of fiscal 2020, the Company saw 45.2% revenue growth compared to the third quarter of fiscal 2019. Growth initiatives including acquisitions of the Gaithersburg, Maryland, operations of Smithers Avanza in May 2019 and  Pre-Clinical Research Services, Inc.’s (“PCRS”) business in Ft. Collins, Colorado, in December 2019, as well as internal growth at existing sites from the expansion of the Evansville facility and investment in the St. Louis facility, contributed to the increase in service revenue...

MONTREAL, Aug. 14, 2020 (GLOBE NEWSWIRE) — Imperial Mining Group Ltd. (“Imperial”) (TSX VENTURE: IPG) is pleased to announce that field crews conducting mapping and sampling have recently discovered several new areas of scandium mineralization on the 100% owned Crater Lake project. These new showings lie within the same 14-km arcuate magnetic trend hosting the three previously defined mineralized zones (Boulder, TGZ and STG) on the property. Assay results are expected in September. Presently, drill crews are mobilizing to the property to commence drill evaluation of the new showings and to expand the known TGZ and STG mineralized zones.“The new discoveries are extremely positive news for Imperial in view of the rapidly growing demand and limited supply for this important new technology metal,” said Peter Cashin, Imperial’s...

LOS ANGELES, Aug. 14, 2020 (GLOBE NEWSWIRE) — via NetworkWire — Predictive Oncology Inc. (NASDAQ: POAI), a knowledge-driven company focused on applying artificial intelligence (“AI”) to personalized medicine and drug discovery, today announces that Mark Collins, Ph.D., chief innovation officer of its Helomics subsidiary, recently appeared on DojoLIVE!, a lively podcast and interview forum that brings together a broad roster of technology, business and thought leaders from a wide range of software companies and startups.The broadcast, titled ‘Can We Cure Cancer With Artificial Intelligence?’, is available for on-demand viewing on the DojoLIVE! website.As noted during the interview, Collins possesses a passion for applying science to build high-tech life-science products and services that impact the search for new medicines. He feels...

TORONTO, ON, Aug. 14, 2020 (GLOBE NEWSWIRE) — via NEWMEDIAWIRE ‒ Amfil Technologies Inc. (OTC: FUNN), is pleased to announce that its primary subsidiary, Snakes & Lattes Inc., has formed a partnership with Canadian retail giant, Loblaws, for the purpose of curating and selling board games on Loblaws’ recently launched online marketplace.The Loblaws marketplace functions similar to Amazon, where the marketplace facilitates the sale of goods through third-party sellers. Loblaws will manage the logistics of sales and receive a commission on all sales. Stock ownership, however, is retained by the selling partners. This allows Loblaws to effectively offer millions of SKUs to marketplace customers Canada-wide.This initiative is congruent with Snakes & Lattes’ push to create a larger and more lucrative e-commerce presence. The...

Tampa, FL, Aug. 14, 2020 (GLOBE NEWSWIRE) — via NEWMEDIAWIRE — B2Digital Incorporated (the “Company” or “B2Digital”) (OTCMKTS:BTDG), the premier development league for mixed martial arts (“MMA”), is excited to announce that Greg P. Bell, the Company’s Chairman & CEO, and Chris Lytle, Executive in charge of Fighter Development and the B2 Official Training Facilities Network, are featured in a new audio interview on The Stock Day Podcast.The interview can be found here.In the interview, Mr. Bell discusses the Company’s overall business model, including its multiple revenue streams, across live events and fighter training resources and facilities, as well as B2Digital’s growth and stability strategy, pulling in revenues during the virus and staging the potential for explosive growth as the context normalizes....

DENVER, Aug. 14, 2020 (GLOBE NEWSWIRE) — Assure Holdings Corp. (the “Company” or “Assure”) (TSXV: IOM; OTCQB: ARHH), a provider of intraoperative neuromonitoring services (“IONM”), has appointed Gary Bennett to the newly created position of vice president of revenue.Bennett will be a key member of Assure’s leadership and sales team and will be responsible for planning, scaling, directing and evaluating revenue opportunities. His responsibilities include developing strategies to maximize revenue from all sources and building a platform for selling to hospitals directly as an outsourced provider of IONM services. In addition, Bennett will manage the sales team and implement strategies that ensure revenue and cash collection expectations are met.“Gary’s 30 years of experience in sales management, medical device sales, marketing and...

On track to report potentially pivotal Phase 2 Huntington’s disease topline data by early OctoberPhase 1/2 trial of pepinemab in Alzheimer’s disease to begin enrolling patients in SeptemberRaised net proceeds of $19.8 million since June 30ROCHESTER, N.Y., Aug. 14, 2020 (GLOBE NEWSWIRE) — Vaccinex, Inc. (Nasdaq: VCNX), a clinical-stage biotechnology company pioneering novel investigational antibody therapies in Huntington’s disease and cancer, today announced financial results for the second quarter ended June 30, 2020 and provided a corporate update.Pepinemab Clinical Updates:Huntington’s Disease. The company’s ongoing SIGNAL clinical trial is evaluating its lead drug candidate, pepinemab, for the treatment of Huntington’s disease (HD). The company remains on track to complete the trial within the previously announced time frame....

Stabilizing CashCOLUMBUS, OH, Aug. 14, 2020 (GLOBE NEWSWIRE) — Intellinetics, Inc. (OTCQB: INLX), a cloud-based document solutions provider, announced financial results for the three and six months ended June 30, 2020.2020 Second Quarter Financial HighlightsTotal Revenue increased 187% from the same period in 2019.Software as a Service Revenue increased 8% from the same period in 2019.Net Loss of $282,356 decreased from the same period in 2019.Adjusted EBITDA of $103,974, an improvement of $267,694 compared to an adjusted EBITDA loss of $163,720 from the same period in 2019.2020 Six Month Financial HighlightsTotal Revenue increased 164% from the same period in 2019.Software as a Service Revenue increased 11% from the same period in 2019.Net Loss of $928,567 decreased from the same period in 2019.Adjusted EBITDA of $384,264, an improvement...

VANCOUVER, British Columbia, Aug. 14, 2020 (GLOBE NEWSWIRE) — The Sonora Gold project (“The Project”) is located 110 Km due north from Hermosillo, in Sonora, Mexico and 140 Km south of Tucson, Arizona, USA. The project area has very good infrastructure, highway access, available power, skilled labor, etc. The project concessions cover a continuous area of 6000 Hectares.The project is located within the Mojave-Sonora megashear, a district wide geological fault zone that consists of a series of left-lateral strike slip faults that trend NW-SE. The Mojave-Sonora megashear formed in the mid-to-late Jurassic and is mapped from the Mojave Desert in California, across Northern Mexico, to the Gulf of Mexico.In the state of Sonora in Northern Mexico, the Mojave-Sonora megashear fault system is locally known as the Mojave Fault. The Mojave...