Day: September 1, 2020

MONTREAL, Sept. 01, 2020 (GLOBE NEWSWIRE) — Xebec Adsorption Inc. (TSXV: XBC) (“Xebec”), a global provider of clean energy solutions is pleased to announce that the Company has entered into an agreement effective August 31st, 2020, to acquire all of the outstanding securities of Applied Compression Systems Ltd. (“ACS”). ACS’ principals will remain with ACS after the acquisition to optimize their integration into Xebec’s industrial service and support business and to grow the operation over the coming years.Xebec’s Cleantech service coverage will increase and now include British Columbia, a province with the country’s most aggressive renewable natural gas and hydrogen mandates and targets. ACS has existing experience and customer relationships for servicing renewable gas installations.Total consideration payable by Xebec is approximately...

MONTRÉAL, 01 sept. 2020 (GLOBE NEWSWIRE) — Xebec Adsorption Inc. (TSXV : XBC) (« Xebec »), fournisseur mondial de solutions d’énergie propre, a le plaisir d’annoncer que l’entreprise a conclu un accord, qui entrera en vigueur le 31 août 2020, pour l’acquisition de tous les titres en circulation d’Applied Compression Systems Ltd. (« ACS »). Les dirigeants d’ACS resteront chez ACS après l’acquisition afin d’optimiser leur intégration dans le segment Soutien et services industriels de Xebec et pour développer la croissance de l’entreprise au cours des prochaines années.Le réseau de services de technologies propres de Xebec s’étend désormais à la Colombie-Britannique, une province dont les mandats et les objectifs en matière d’hydrogène et de gaz naturel renouvelables sont les plus ambitieux du pays. ACS possède également l’expérience...

TORONTO, Sept. 01, 2020 (GLOBE NEWSWIRE) — via NEWMEDIAWIRE ‒ Rhino Novi Inc. (OTC Markets: RNOV) announces that it has entered into a binding agreement for the purchase of Biolife Sciences Corp. a Canadian company (“BioLife”). Biolife develops, licenses, and distributes antibacterial products and non-contact human temperature screening technology. Products include disinfecting wipes, UV sterilization technology, electrostatic disinfection services, anti-microbial textiles, and touchless vending/marketplaces.The agreement calls for the issuance of 35,751,380 RNOV shares to BioLife’s current shareholders, the cancelation of 25,000,000 shares held by current RNOV shareholders, and transactional expenses for up to $50,000 CDN, in exchange for 100% of the shares of BioLife, which will become a wholly-owned subsidiary of Rhino Novi Inc....

MONTREAL, Sept. 01, 2020 (GLOBE NEWSWIRE) — Komet Resources Inc. (“Komet” or the “Corporation”) (TSX-V : KMT) is pleased to announce it has acquired, through map staking, the Waconichi base metal property, located 40 km northeast of the mining town of Chibougamau in the northern part of the Abitibi greenstone belt, Eeyou Istchee, Quebec. The property comprises 260 map-staked claims covering a surface area of 14,297 hectares (143 sq. km) and is accessible by an all-season bush road from Chibougamau.The property was acquired because it includes numerous historical base metal (Zn-Pb-Ag) showings and volcanic geology that is favorable for the discovery of volcanogenic massive sulfide (VMS) deposits.  The area was explored intermittently in the last 50 years and previous work outlined 18 surface showings of zinc-lead-silver or copper...

MONTRÉAL, 01 sept. 2020 (GLOBE NEWSWIRE) — Les Ressources Komet Inc. («Komet» ou la «société») (TSX-V: KMT) est heureuse d’annoncer l’acquisition, par désignation sur carte, de la propriété de métaux usuels Waconichi, située à 40 km au nord-est de la ville minière de Chibougamau, dans la partie nord de la ceinture verte de l’Abitibi, Eeyou Istchee, Québec. La propriété comprend 260 cellules couvrant une superficie totale de 14 297 hectares (143 km2) et est facilement accessible par routes forestières toutes-saisons de Chibougamau.La propriété est d’intérêt car elle recèle plusieurs indices historiques de métaux usuels (Zn-Pb-Ag) et une géologie de nature volcanique qui offre un bon potentiel pour la découverte de gisements de sulfures massives volcanogènes (SMV). Le secteur a fait l’objet d’exploration intermittente depuis une cinquantaine...

PLANTATION, FL , Sept. 01, 2020 (GLOBE NEWSWIRE) — LMP Automotive Holdings, Inc. (NASDAQ:LMPX) (the “Company” or “LMP”), an e-commerce and facilities-based platform for consumers who desire to buy, sell, subscribe for or finance pre-owned and new automobiles, today announced the acquisition of 9 Southeast Dealerships Including 10 New Vehicle Franchises.Richard Aldahan, the Company’s Chief Operating Officer stated,“We are thankful to both the LMP and our counter party employees and professionals who have worked tirelessly over the last few months on this transaction. The talent inboth organizations and the resilience of our business model will put us in aposition to become a stronger and more diversified company.  I am pleased towelcome all our new future colleagues and look forward to working and growing together...