Day: September 2, 2020

Philly Shipyard, Inc., the sole operating subsidiary of Philly Shipyard ASA (Oslo: PHLY), is pleased to announce that Jeffrey Theisen will re-join the company as Chief Financial Officer, effective September 8, 2020. Mr. Theisen fills the vacancy created by the sudden passing last month of the company’s former CFO, Brian Leathers.Mr. Theisen previously served as Philly Shipyard’s CFO for eight years, from 2007 – 2015. Mr. Theisen was involved in the spin-off of Philly Shipyard from its parent Aker American Shipping and subsequent listing of the company on Oslo Axess, and he was instrumental in securing backlog and negotiating various financings, investments and other significant transactions. During that time, Philly Shipyard was known as Aker Philadelphia Shipyard.Steinar Nerbovik, Philly Shipyard President and CEO, remarked “We are delighted...

COS COB, Conn., Sept. 02, 2020 (GLOBE NEWSWIRE) — Chicken Soup for the Soul Entertainment Inc. (Nasdaq: CSSE), one of the largest operators of streaming advertising-supported video-on-demand (AVOD) networks, today announced that its subsidiary Screen Media Ventures and Great Point Media have closed a new film acquisition facility initially funded at $10M.“This financing allows us to build on our momentum in delivering higher-profile movies and TV series at a significantly lower cost of capital. Since Chicken Soup for the Soul Entertainment acquired Screen Media and Crackle, producers have been bringing us higher profile film and TV projects, like The Outpost, and the original series On Point, both of which have been phenomenal successes for the company,” said David Fannon, president of Screen Media. “We have a solid track record of...

VANCOUVER, British Columbia, Sept. 02, 2020 (GLOBE NEWSWIRE) — Golden Predator Mining Corp. (TSX-V: GPY) (OTCQB: NTGSF) (the “Company“) announced today that the Company has entered into final Agreements for a 20% ownership positions in Group 11 Technologies Inc., (“Group 11”) a United States-based private company committed to testing and implementing non-invasive in-situ recovery (ISR) of precious metals with the use of environmentally-friendly solutions. Effective August 28th, 2020 Group 11 has finalized all necessary Organizational, Shareholder, and Licensing documentation with its founding partners and will now commence formal operations. Group 11’s initials steps will include acquisition and subsequent testing of gold projects, already identified, that demonstrate specific qualities lending themselves to the Company’s...

BEIJING, Sept. 02, 2020 (GLOBE NEWSWIRE) — Luckin Coffee Inc. (the “Company”) (OTC:LKNCY) today announced the re-appointment of Mr. Sean Shao as an independent director to its Board of Directors (“Board”). The appointment was pursuant to the results of an extraordinary general meeting of shareholders (the “EGM”) held on September 2, 2020. The Board currently consists of four independent directors, namely Mr. Yang Cha, Mr. Wai Yuen Chong, Mr. Feng Liu and Mr. Sean Shao, and three management directors, namely Mr. Wenbao Cao, Mr. Jinyi Guo and Mr. Gang Wu.Following the conclusion of the EGM, the Company held a Board meeting (the “Board Meeting”) on September 2, 2020. Pursuant to the results of the Board Meeting, the Nominating and Corporate Governance Committee of the Board currently consists of Mr. Yang Cha, Mr. Wai Yuen Chong and Mr....

SAN DIEGO, Sept. 02, 2020 (GLOBE NEWSWIRE) — via NEWMEDIAWIRE — Medical Marijuana, Inc. (OTC: MJNA) (the “Company”), the first-ever publicly traded cannabis company in the United States that launched the world’s first-ever cannabis-derived nutraceutical products, brands and supply chain, announced today that its subsidiary Kannaway® has begun recruiting cannabidiol (CBD) users to participate in the ValidCare CBD safety study. The nationwide observational study is using its products to measure the potential effects on the liver of orally consumed, hemp-derived CBD products in healthy adults. Participants will provide real-time feedback via ValidCare’s Virtual Study™ platform and supply blood samples for evaluation as part of the study. “Since day one, we have been dedicated to providing our consumers with...

ARLINGTON, Va., Sept. 02, 2020 (GLOBE NEWSWIRE) — Increases in total compensation for CEOs at the nation’s largest corporations fell sharply last year as weaker corporate performance led to a drop in annual bonuses paid in 2020 for 2019 performance, according to a new analysis of proxy disclosures by Willis Towers Watson (NASDAQ: WLTW), a leading global advisory, broking and solutions company.The analysis found total earned pay for S&P 1500 CEOs increased 5.5% at the median in 2019, a sharp drop from a 13.7% jump in the previous year. The increase marks the smallest rise since a 2.2% increase in 2016. The drop was primarily felt by small- and mid-cap companies. While S&P 500 CEOs saw a 13.1% increase at the median, total pay for S&P 600 and S&P 400 CEOs grew just 4.8% and 0.2%, respectively. Earned pay includes...

TORONTO, Sept. 02, 2020 (GLOBE NEWSWIRE) — Anconia Resources Corp. (TSXV: OMG) (“Anconia” or the “Company”) announces it will host its annual general and special meeting (the “Meeting”) in a virtual and in-person hybrid format in response to the ongoing global COVID-19 pandemic. The Meeting will now take place on Wednesday September 30, 2020 at 10:00 am Toronto Time and will be hosted in a virtual setting via webcast and teleconference as well as at the head office of the Company at 82 Richmond Street East, Toronto, Ontario M5C 1P1. The Meeting will consider, amongst other matters, the reverse take-over transaction wherein the Company will acquire Avalon Investment Holdings Inc (the “RTO”). Shareholders as of the close of business on August 10, 2020, the record date, may participate in and vote at the Meeting.The Company is strongly...

PORTLAND, Ore., Sept. 02, 2020 (GLOBE NEWSWIRE) — MKS Instruments, Inc. (NASDAQ: MKSI), a global provider of technologies that enable advanced processes and improve productivity, today announced that Meiko Electronics Co. Japan has purchased multiple ESI® Geode™ systems to enhance its high-volume HDI PCB manufacturing capability. The recently released CO2-laser-based systems will be deployed at Meiko’s high-end manufacturing facility in Vietnam.“We are pleased with the market adoption of the Geode system,” said MKS President and CEO John T.C. Lee. “Geode is well-positioned to take advantage of the growing market for HDI PCB processing solutions, as electronics manufacturers continue the path of miniaturization in order to meet the demand for smaller and more capable devices.”The Geode system delivers many benefits for high-end applications,...

National Wholesale and Retail Sales Efforts To Launch for Newly Rebranded Expanding Product Line of Top Quality, Broad and Full Spectrum CBD ConsumablesVancouver, BC, Sept. 02, 2020 (GLOBE NEWSWIRE) — via NEWMEDIAWIRE — Nass Valley Gateway LTD. (NVG), (CSE: “NVG.CN”); (OTC Pink: NSVGF) (Frankfurt: “3NVN”) is pleased to announce that management has redesigned NVG’s branding and is structured to establish a robust footprint in the growing CBD market.With the unveiling of a fresh new image, outbound sales, and outreach efforts in digital media, NVG is poised to build a strong presence in the CBD marketplace. Gavin Collier, President/CEO of Nass Valley Gateway, stated, “What we’ve discovered according to research, is that although 86% of Americans have heard of CBD, remarkably only 18% have tried it.”He concludes: “Our structure...