Day: September 28, 2020
CHARLOTTE, N.C., Sept. 28, 2020 (GLOBE NEWSWIRE) — LPL Financial LLC, a leading retail investment advisory firm, independent broker-dealer and registered investment advisor (RIA) custodian, today announced that four independent registered investment advisors (RIAs) who partner with LPL as their primary custodian have been named to Barron’s 2020 Top 100 RIA Firms ranking.The annual Barron’s RIA list ranks the top independent wealth management firms from across the U.S. based on information submitted through a detailed questionnaire, among other factors. This year’s list makers were evaluated on several new metrics as well, such as technology spending, staff diversity and succession planning. To be considered for the list, firms are required to have at least $1 billion in assets under management.The LPL custody clients recognized...
Altus Group Report Reveals Pandemic Fueling Wait-and-See Approach by Global Property Developers While Accelerating Digital Transformation
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TORONTO, Sept. 28, 2020 (GLOBE NEWSWIRE) — Altus Group Limited (“Altus Group”) (TSX: AIF), a leading provider of software, data solutions and independent advisory services to the global commercial real estate industry, today released the Altus Group Global Property Development Trends Report, which provides an outlook of the property development industry navigating through the disruption from the current global pandemic and delivers insight into the key business imperatives developers are implementing to build resilience in the new normal.According to the report, which is based on a global survey of over 400 property development executives along with in-depth interviews with top industry leaders, the pandemic has been a catalyst for change in the development industry by accelerating trends, intensifying challenges and renewing the...
Irving Resources Signs Definitive Agreement for Option to Acquire the Historic Yamagano Mining License
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VANCOUVER, British Columbia, Sept. 28, 2020 (GLOBE NEWSWIRE) — Irving Resources Inc. (CSE:IRV) (“Irving” or the “Company”) is pleased to announce it has signed a binding option agreement (the “Option Agreement”) with Shimadzu Limited (“Shimadzu”) to acquire the 5.2 sq km Yamagano mining license (the “Option”), site of extensive historic high-grade gold vein mining, in southern Kyushu approximately 11 km southwest of the large, high-grade Hishikari gold mine (Figure 1) (the “Property”).Description of the Yamagano Mining License:The Yamagano mining district, situated approximately 11 km southwest of the large, high-grade Hishikari gold mine, is host to innumerable historic gold mine workings, some dating back to 1640 AD during the early Edo Period in Japan. Mining focused on a multitude high-grade epithermal gold veins hosted by volcanic...
Hurricane Grill & Wings Makes Debut in California
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For the first time, favorite laid-back tropical wing brand enters the Golden StateChula Vista, CA, Sept. 28, 2020 (GLOBE NEWSWIRE) — FAT (Fresh. Authentic. Tasty.) Brands Inc., parent company of Hurricane Grill & Wings and eight other restaurant concepts, announces the opening of Hurricane Grill & Wings in Chula Vista. This marks the restaurant brand’s first location in California and its first fast casual restaurant concept nationwide.“We are excited to expand fan-favorite Hurricane Grill & Wings into the California market,” said Andy Wiederhorn, CEO of FAT Brands. “While we have had great success with our full-serve model, we see a huge appetite and demand for a fast casual experience as well with our consumer base. Over the last several years, Chula Vista has evolved into a bustling city and we are confident that...
Juniper Networks Announces Intent to Acquire Netrounds to Bring Assured Service Experience, Operational Simplicity to Service Providers
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SUNNYVALE, Calif., Sept. 28, 2020 (GLOBE NEWSWIRE) — Juniper Networks (NYSE: JNPR), a leader in secure, AI-driven networks, today announced that the company has entered into a definitive agreement to acquire Netrounds, a programmable, software-based active test and service assurance platform suitable for fixed and mobile networks for the entire service lifecycle. Netrounds will enhance Juniper’s automated WAN solutions to further simplify operations for service providers and ensure positive end-user experiences. The proposed acquisition is expected to close in the fourth quarter, subject to customary closing conditions.Founded in 2007, Netrounds actively confirms that network services work as configured and continue to work during their entire lifecycle. Netrounds, which is vendor-agnostic, bridges the missing link between services...
Byzen Digital Acquires Controlling Interest in 100BIO™ – Sustainable Foodware Packaging Company
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LOS ANGELES, CA, Sept. 28, 2020 (GLOBE NEWSWIRE) — via NEWMEDIAWIRE ‒ Byzen Digital Inc. [OTC PINK: BYZN] (the “Company”) announced today that it has acquired a controlling interest in 100BIO™, a market leading technology provider of stylish, sustainable, and eco-friendly food packaging products for the food services and packaging industries (“100BIO”). 100BIO has developed a proprietary solution for the creation and manufacturing of compostable packing solutions to meet the needs of specific customer requirements.The Company pursued the controlling interest acquisition of 100BIO in an effort to expand its sustainable portfolio in the clean energy sector. The Company further believes that in the near term, a significant growth sector of the economy will be in clean energy and sustainable products and services, which was a key driver...
Sorrento Releases Positive Results of Phase 1B Trial of Resiniferatoxin (RTX) In Reduction of OsteoArthritis (OA) Knee Pain
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Phase 1b safety data at 6 month post-administration and Day 84 efficacy data available for all patients enrolled.No dose limiting toxicities at any of the doses tested (up to 30 ug) at 6 months post-administration. The study is scheduled to complete the last patient follow-up (1 year) in 1Q2021.Dose of 12.5ug selected as the likely optimal intra-articular therapeutic dose for future clinical trials. Durable signal at 12 weeks post-injection justifies initiation of Phase 2 (dose confirmation against active drug and saline control).Pain control in patients with advanced disease (Kellgren-Lawrence grade 3/4) show persistence of relief beyond 6 months and composite WOMAC A+C suggests that RTX could be a promising alternative for control of refractory pain in patients candidates for elective joint replacement.SAN DIEGO, Sept. 28, 2020 (GLOBE...
International Land Alliance Announces Groundbreaking at The Plaza at Bajamar
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SAN DIEGO, CALIFORNIA, Sept. 28, 2020 (GLOBE NEWSWIRE) — International Land Alliance, Inc. (OTCQB: ILAL) announced today that it has broken ground and started construction on the model home at The Plaza at Bajamar. This community, which will feature 80 homes, is located within the internationally renowned Bajamar Ocean Front Hotel and Golf Resort. The Bajamar Ocean Front Golf Resort is a master planned golf community located 45 minutes south of the San Diego-Tijuana Border along the scenic toll road to Ensenada on the Pacific Ocean.The Company further announces that it has received 5 reservations this week with required closing within 30 days. Phase I includes 29 detached villas at 670-square feet situated on a 1,400 square-foot lot with starting prices at $134,900. The Company is offering in-house financing as follows: 60% down...
NBT Appoints Johanna Ames to Board of Directors
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NORWICH, N.Y., Sept. 28, 2020 (GLOBE NEWSWIRE) — NBT Bancorp Inc. (“NBT” or the “Company”) (NASDAQ: NBTB) announced today that Johanna Ames has been appointed to the Boards of Directors for NBT Bancorp Inc. and NBT Bank, N.A.Ames is president of Ames Linen Service, a women-owned commercial laundry and linen rental company located in Cortland, NY that serves approximately 1,000 customers in the education, food and beverage, healthcare and hospitality industries throughout Central New York. Her fourth-generation business is nearly 100 years old and employs 85.“We are pleased to welcome Johanna Ames to board service at NBT,” said NBT Board Chair Martin A. Dietrich. “Her experience and perspective as a business owner and her leadership in the community make her a strong fit for our organization. We look forward to Johanna’s contributions...
iLOOKABOUT Announces Closing of $8 Million Private Placement
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TORONTO, Sept. 28, 2020 (GLOBE NEWSWIRE) — iLOOKABOUT Corp. (TSXV:ILA; OTCQB:ILATF) (“ILA” or “the Company”) today announced that, further to the Company’s news release issued on September 16, 2020, the Company has closed its non-brokered private placement (the “Private Placement”) of units of the Company, for aggregate gross proceeds of approximately $8,000,000. The Private Placement was completed in two tranches.The first tranche (the “Tranche A”) relied on the “part and parcel exception” with respect to pricing. Under Tranche A, the Company issued 46,648,200 units (the “A-Units”) at a price of $0.15 per A-Unit, for gross proceeds of $6,997,230. Each A-Unit is composed of one common share of the Company and one-half common share purchase warrant (the “A-Warrants”). Each full A-Warrant entitles the holder thereof to acquire...