Month: September 2020

SHERMAN OAKS, Calif., Sept. 22, 2020 (GLOBE NEWSWIRE) — Petroteq Energy Inc. (“Petroteq” or the “Company”) ‎‎(TSXV:PQE; ‎OTC:PQEFF; FSE:PQCF), an integrated oil ‎company focused on the development and implementation of its proprietary oil-‎extraction and remediation technologies, announces revised terms to a proposed arrangement with an existing arm’s length lender (the “Lender”) and its affiliate (the “Affiliate”), originally announced on September 3, 2020. Pursuant to guidance from the TSX Venture Exchange (the “Exchange”), the agreement between the parties is now as follows:the Lender has exercised existing warrants of the Company for gross proceeds to the Company of US$68,045.07 which is being used by the Company to pay accrued and unpaid interest on existing convertible debentures of the Company held by the Affiliate and the...

 COMPASS Pathways announces closing of initial public offering of American Depositary Shares and full exercise of underwriters’ option to purchase additional American Depositary SharesLondon, UK – September 22, 2020COMPASS Pathways plc (Nasdaq: CMPS) (“COMPASS”), a mental health care company dedicated to accelerating patient access to evidence-based innovation in mental health, today announced the closing of its previously announced initial public offering of 8,625,000 American Depositary Shares (“ADSs”) representing 8,625,000 ordinary shares at an initial public offering price of $17.00 per ADS, which includes 1,125,000 additional ADSs issued upon the exercise in full by the underwriters of their option to purchase additional ADSs. The total gross proceeds to COMPASS from the offering were $146.6 million. All ADSs sold in the offering...

LAS VEGAS and VANCOUVER, British Columbia, Sept. 22, 2020 (GLOBE NEWSWIRE) — TAAT LIFESTYLE & WELLNESS LTD. (CSE: TAAT) (OTC: TOBAF) (FRANKFURT: 2TP2) (the “Company” or “Taat”) is pleased to announce that its processing facility in Las Vegas, NV has received a large shipment of base material for Beyond Tobacco™, which is to undergo the Company’s proprietary fourteen-step process after being trimmed and prepared for refinement, which is set to yield a net quantity of 3.2 tons of usable material. Subsequently, the finished Beyond Tobacco™ base material is to be transported to the Company’s manufacturing partner (the “Manufacturer”) for production of the first “distribution-ready” batch of Beyond Tobacco™. Under the terms of its agreement with the Company providing favourable pricing terms for producing Beyond Tobacco™, the Manufacturer’s...

NEW YORK, Sept. 22, 2020 (GLOBE NEWSWIRE) — AB International Group Corp. (OTCQB: ABQQ), an intellectual property (IP) and movie investment and licensing firm announces updated progress of its 4 Chinese films.1, “Love Over the World” (AiBianQuanQiu).The completed film code 001103542020 has been announced by state authority, currently proceeding on schedule of screening license. ABQQ plans to cooperate with distributors aiming to be screened on cinemas nationwide in November 2020, then presented on ABQQ.TV later.2, “On the Way” (Lu Shang)The film stars Tik Tok’s KOL Tian Xiaoxiao who has 15 million fans in the top short video app. When the film’s post production is finished, ABQQ is planning to cooperate with distributors aiming to be screened on cinemas nationwide in Spring 2021, then presented on ABQQ.TV later.3, “Confusion”...

NEWPORT NEWS, Va., Sept. 22, 2020 (GLOBE NEWSWIRE) — Huntington Ingalls Industries (NYSE: HII) announced today that it broke ground on a new Unmanned Systems Center of Excellence in Hampton. Two buildings totaling over 150,000 square feet will be constructed on the 20-acre campus and will be purpose-built for unmanned systems prototyping, production and testing.“With U.S. Navy’s increasing demand for UUVs and USVs, we are committed to investing in and expanding our unmanned systems capabilities,” said Andy Green, HII executive vice president and president of Technical Solutions. “Our new Unmanned Systems Center of Excellence will ensure we can continue to provide our customers with the most advanced autonomous systems across all class sizes.”The HII Unmanned Systems Center of Excellence, located on the Hampton Roads Center – North...

SAN DIEGO, Sept. 22, 2020 (GLOBE NEWSWIRE) — Kratos Defense & Security Solutions, Inc. (Nasdaq: KTOS), a leading National Security Solutions provider, announced today that it has joined with Microsoft to enable the launch of Microsoft Azure Orbital, a groundbreaking platform that provides Ground Station-as-a-Service (GSaaS) to the satellite industry.Azure Orbital is Microsoft’s managed service designed to deal with the growing flood of data from Earth Observation (EO) and Internet of Things (IoT) applications. The managed service lets satellite operators communicate to, control their satellites, process data and scale operations directly in Azure without the need to build or manage their own costly ground stations.Azure Orbital is powered by Microsoft’s Ground-Station-as-a-Service Platform (GSaaP) that includes virtualized...

WILMINGTON, Mass., Sept. 22, 2020 (GLOBE NEWSWIRE) — UniFirst Corporation (NYSE: UNF) will report its Fiscal 2020 fourth quarter results on October 21, 2020 before the market opens. The Company will also hold a conference call at 9:00 a.m. Eastern Time on October 21, 2020 to discuss its quarterly financial results, business highlights and outlook. In addition, the Company may answer one or more questions concerning business and financial developments and trends, the Company’s view on earnings forecasts and other business and financial matters affecting the Company, some of the responses to which may contain information that has not been previously disclosed.A simultaneous live webcast of the call and replay will be available over the Internet at http://investors.unifirst.com.Headquartered in Wilmington, Mass., UniFirst Corporation...

EVANSVILLE, Ind., Sept. 22, 2020 (GLOBE NEWSWIRE) — In an effort to drive positive social change while at the same time delivering strong, relationship-based services and support to the business sector, Old National has created a new executive leadership position: EVP, Strategic Business Partnerships. Assuming this new role is Roland Shelton, formerly Executive Business Development Officer in Old National’s Terre Haute and Indianapolis, Ind. markets. He will work out of Evansville and report to Old National Chairman and CEO Jim Ryan.With more than 30 years of management, sales and leadership experience, Shelton was instrumental in launching Old National’s recent partnerships with Butler University and the Mid-States Minority Development Council to promote and support underrepresented businesses. He also previously managed fund development...