Month: September 2020

LeddarTech Acquires Phantom Intelligence Assets

Written by Customer Service on September 22, 2020. Posted in Mergers And Acquisitions.

QUEBEC CITY, Sept. 22, 2020 (GLOBE NEWSWIRE) — LeddarTech®, a leader in level 1-5 ADAS and AD sensing technology, is pleased to announce the acquisition of the assets of Phantom Intelligence, including all of its intellectual property and technology.Founded in 2011, Phantom Intelligence is recognized for their expertise in signal processing and LiDAR technology that protects vulnerable road users (VRUs) and improves the safety and fluidity of travel by offering solutions that enable reliable advanced driver assistance systems (ADAS).The Phantom Intelligence transaction on September 14, 2020 represents the second acquisition by LeddarTech in the last three months. In July of 2020, LeddarTech acquired VayaVision, an Israel-based sensor-fusion and perception technology company. The acquisition of Phantom Intelligence provides LeddarTech...

First Majestic Announces Filing of Early Warning Report for Acquisition of Shares of Silver Dollar Resources Inc.

Written by Customer Service on September 22, 2020. Posted in Public Companies.

VANCOUVER, British Columbia, Sept. 21, 2020 (GLOBE NEWSWIRE) — FIRST MAJESTIC SILVER CORP. (AG: NYSE; FR: TSX) (the “Company” or “First Majestic”) announces that it has filed an early warning report pursuant to the provisions of Canadian securities legislation (the “Early Warning Report”) in connection with the acquisition of common shares (the “Shares”) of Silver Dollar Resources Inc. (“Silver Dollar”).Pursuant to an option agreement dated August 7, 2020 between First Majestic and Silver Dollar (the “Option Agreement”), First Majestic has acquired ownership and control of 5,146,401 Shares, representing approximately 14.9% of the outstanding Shares. Based on the market price of the Shares, the value of the Shares is CDN$9,160,594. Prior to the issuance of the 5,146,401 Shares, First Majestic held 500,000 Shares of Silver Dollar...

Origin Gold Announces Board Appointment

Written by Customer Service on September 22, 2020. Posted in Public Companies.

TORONTO, Sept. 21, 2020 (GLOBE NEWSWIRE) — Origin Gold Corporation (“Origin Gold” or the “Company”) (TSXV: OIC) is pleased to announce that Fred Leigh has been appointed as a director and the non-executive chairman of the board of directors of the Company, effective immediately.Mr. Leigh has over 35 years of experience working with early stage companies and has had a significant role as founder, director and/or investor in many public companies. He is also the founder and President of Siwash, a privately held company which, for over 28 years has invested in early stage opportunities in the resource sector. Siwash was an early investor in successful companies such as, Wheaton River Minerals, Hathor Exploration and Blue Pearl Mining. Mr. Leigh is an officer and director of various public companies including Halo Labs Inc., a leading...

Brookfield Infrastructure Issues $200 Million Inaugural Green Preferred Units

Written by Customer Service on September 22, 2020. Posted in Public Companies.

All amounts in U.S. dollars unless otherwise statedBROOKFIELD, News, Sept. 21, 2020 (GLOBE NEWSWIRE) — Brookfield Infrastructure Partners L.P. (TSX: BIP.UN; NYSE: BIP) (“Brookfield Infrastructure”) today closed the public issuance of 8,000,000 Class A Preferred Limited Partnership Units, Series 13 (the “Series 13 Preferred Units”) for gross proceeds of $200 million.Holders of the Series 13 Preferred Units will be entitled to receive a cumulative quarterly fixed distribution of 5.125% per annum. The Series 13 Preferred Units have been approved for listing on the New York Stock Exchange under the symbol “BIP PR A.”“We are pleased to issue these inaugural green preferred units and further enhance our commitment to sustainable investment practices,” said Sam Pollock, Chief Executive Officer of Brookfield Infrastructure Partners. “These...

CORRECTING and REPLACING – Zogenix Appoints Three Industry Leaders to Its Board of Directors

Written by Customer Service on September 22, 2020. Posted in Public Companies.

Correction: In this updated news release issued September 21, 2020 by Zogenix, Inc, the name of the organization, WorldWideWomen, has been corrected. The full corrected press release follows.EMERYVILLE, Calif., Sept. 21, 2020 (GLOBE NEWSWIRE) — Zogenix (Nasdaq: ZGNX), a global biopharmaceutical company developing and commercializing rare disease therapies, today announced the appointments of Caroline M. Loewy, Mary E. Stutts and Denelle J. Waynick to newly created seats on its Board of Directors, effective immediately. Zogenix’s Board now includes 10 members, nine of whom are independent.“We are delighted to welcome Ms. Loewy, Ms. Stutts and Ms. Waynick to our Board of Directors,” said Cam L. Garner, Chairman of the Board. “Their combined decades of experience in the biopharmaceutical industry and extensive knowledge in the areas...

Constellation Software Inc. Files Preliminary Prospectus in Connection with Proposed Topicus.com Spin Out

Written by Customer Service on September 21, 2020. Posted in Public Companies.

TORONTO, Sept. 21, 2020 (GLOBE NEWSWIRE) — Constellation Software Inc. (“Constellation”) (TSX:CSU) announced today that a preliminary prospectus has been filed in all provinces and territories of Canada in connection with its previously announced intention to explore opportunities for a future public listing of the shares of Topicus.com Inc.On May 20, 2020, Constellation, acting through its TSS operating group and its subsidiary TPCS Holding B.V., entered into a binding agreement with IJssel B.V. to purchase 100% of the shares of Topicus.com B.V. (“Topicus”), a Netherlands-based diversified vertical market software provider. In connection with the anticipated closing of the acquisition and the public listing of the Topicus.com Inc. shares, TSS will be spun out of Constellation and will operate together with Topicus as a separate...

Uniti Group Inc. Announces Effectiveness of Settlement of Litigation with Windstream

Written by Customer Service on September 21, 2020. Posted in Public Companies.

Windstream Emerges from BankruptcyLITTLE ROCK, Ark., Sept. 21, 2020 (GLOBE NEWSWIRE) — Uniti Group Inc. (“Uniti”) (Nasdaq: UNIT) announced today the effectiveness of the previously announced settlement with Windstream Holdings Inc. and certain of its subsidiaries (collectively, “Windstream”), which occurred concurrently with Windstream’s emergence from bankruptcy (the “Settlement”). The effectiveness of the Settlement resolves any and all claims and causes of action that have been or may be asserted by Uniti and Windstream, including all litigation brought by Windstream and certain of its creditors during Windstream’s bankruptcy proceedings.Kenny Gunderman, President and Chief Executive Officer of Uniti, commented, “We are pleased that our previously announced settlement agreement with Windstream is now effective, and that Windstream...

Constitutional Court of Ecuador Upholds Legal Rights of Mining Concession Holders

Written by Customer Service on September 21, 2020. Posted in Public Companies.

TORONTO, Sept. 21, 2020 (GLOBE NEWSWIRE) — INV Metals (“INV Metals” or the “Company”) (TSX:INV) provides an update on the Loma Larga gold-silver-copper project (“Loma Larga”), located in Ecuador.On September 21, 2020, the Ecuadorian Constitutional Court (the “Constitutional Court”) upheld the rights of mining concession holders within Ecuador, stating that any referendums relating to mining activities would only apply to future mining rights that are not yet granted and may not be retroactively applied to concessions granted prior to the referendum. Therefore, the lawful rights of the Company have been solidified by the Constitutional Court decision announced today.The Company is committed to the responsible development of Loma Larga and is currently working with the Ministry of Environment and Water and the Ministry of Energy and...

Atossa Therapeutics To Present at the Oppenheimer & Co. Fall Healthcare Life Sciences and MedTech Summit on September 22, 2020

Written by Customer Service on September 21, 2020. Posted in Public Companies.

SEATTLE, Sept. 21, 2020 (GLOBE NEWSWIRE) — Atossa Therapeutics, Inc. (Nasdaq: ATOS), a clinical-stage biopharmaceutical company seeking to discover and develop innovative medicines in areas of significant unmet medical need with a current focus on breast cancer and COVID-19, today announces CEO Dr. Steven Quay and CFO Kyle Guse will be presenting at the Oppenheimer & Co. Fall Healthcare Life Sciences and MedTech Summit, which will be held virtually from September 21-23, 2020. The company is presenting at 9:10 AM ET on September 22nd.For those interested in participating in the conference, please email opcoconferences@opco.com to obtain the link.About Atossa TherapeuticsAtossa Therapeutics, Inc. is a clinical-stage biopharmaceutical company seeking to discover and develop innovative medicines in areas of significant unmet medical...

Swiss Water Completes First Commercial Production From Its New, Chemical Free Decaffeination Facility in Delta, B.C.

Written by Customer Service on September 21, 2020. Posted in Public Companies.

VANCOUVER, British Columbia, Sept. 21, 2020 (GLOBE NEWSWIRE) — Swiss Water Decaffeinated Coffee Inc. (TSX – SWP) (“Swiss Water” or “the company”) today announced completion of the first production run of commercial-grade coffee from its Delta, B.C. facility. This marks the final step in the startup of the initial processing line at the company’s new, technically advanced decaffeination facility and the culmination of a three-year effort to develop additional capacity to service growing demand for its sustainably sourced, chemical free decaffeinated coffees. The first batch of product is destined for growing international markets focused on the rapidly growing Ready-To-Drink coffee segment.Like food and beverage consumers worldwide, decaffeinated coffee drinkers are increasingly demanding that their coffee contain no residual chemical...

Month: September 2020

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