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Month: September 2020

Elixxer Ltd. Announces Postponement of Annual and Special Meeting of Shareholders

MONTRÉAL, Sept. 18, 2020 (GLOBE NEWSWIRE) — Elixxer Ltd. (“Elixxer” or the “Corporation”) (TSX-V: ELXR and OTC-QB: ELIXF) announces that it is postponing its annual and special meeting of shareholders (the “Meeting”). The Meeting had been scheduled for September 22, 2020. The Corporation intends to schedule a new date for the Meeting as soon as practicable. The Corporation will file an amended Management Information Circular (the “Circular”) on SEDAR in due course that will contain additional information that the Autorité des marchés financiers has requested to be included in the Circular in respect of certain matters to be considered at the Meeting. The Circular will also contain information on amended dates for proper submission of proxy voting instructions.About Elixxer Ltd. (www.elixxer.com)Elixxer is a Canadian public company...

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Murphy USA announces donations to United Way and Murphy USA Charitable Foundation

EL DORADO, Ark., Sept. 18, 2020 (GLOBE NEWSWIRE) — Murphy USA kicked off its Home Office 2020 United Way campaign this week generating record employee pledges in excess of $375,000. With the Company’s match, the total donation of $750,000 will support Union County United Way organizations, all of which had anticipated the need for greater support due to the impacts of COVID-19 on their local communities. Separately, the Company announced a $10 million gift to the Murphy USA Charitable Foundation which will continue to support positive changes in our local communities with an emphasis on El Dorado and Southern Arkansas. The Foundation funds the Company’s matching gifts, including United Way, as well as sponsorships like Murphy USA’s national partnership with Boys and Girls Club of America, where customers in 2020 have already rounded...

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ERES REIT Announces Acquisition Of €26.25MM Multi-Residential 5-Property Portfolio

TORONTO, Sept. 18, 2020 (GLOBE NEWSWIRE) — European Residential Real Estate Investment Trust (TSX:ERE.UN, “ERES” or the “REIT”) announced today that it has entered into an agreement to acquire a multi-residential portfolio of five properties located in the Netherlands (the “Kairos Portfolio”). The Kairos Portfolio is comprised of 113 residential suites and 98 parking units across the five properties, which each are 100% owned and currently 99.1% occupied. Approximately 87% of the residential suites are liberalized with a net average monthly rent of €912 per suite.

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LexaGene Engages Tailwinds Research Group

BEVERLY, Mass., Sept. 18, 2020 (GLOBE NEWSWIRE) — LexaGene Holdings, Inc., (TSX-V: LXG; OTCQB: LXXGF) (the “Company”), a molecular diagnostics company that develops fully automated rapid pathogen detection systems, is pleased to announce it has engaged Tailwinds Research Group to provide digital content distribution for the Company.LexaGene engaged Tailwinds for a 1-year term, at $2,500/month USD with 100,000 stock options provided at $0.88 CAD/option.In addition, LexaGene granted a non-executive Director 350,000 options at $0.66 CAD/option to replace options priced at $0.33 CAD/option that had expired on June 27, 2020. LexaGene also granted a second non-executive Director 170,000 restricted share units (RSUs) to replace an equal number of RSUs that expired on September 12, 2020.To be added to the LexaGene email list, please subscribe...

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Avista Comments on its Investigation of Wildfires in its Region Following the Labor Day Windstorm

SPOKANE, Wash., Sept. 18, 2020 (GLOBE NEWSWIRE) — In response to inquiries about the wildfires in its region, Avista (NYSE: AVA) today announced the initial findings from its investigations.Avista’s investigation has determined that the primary cause of the fires in its region was extreme high winds, a weather event that triggered wildfires and affected electric utilities throughout the Pacific Northwest. To date, the Company has not found any evidence that the fires were caused by any deficiencies in its equipment, maintenance activities or vegetation management practices, although it has become aware of instances where, during the course of the storm, otherwise healthy trees and limbs, located in areas outside its maintenance right-of-way, broke under the extraordinary wind conditions and caused damage to its energy delivery system....

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Franklin Wireless Reports 106% Increase in Full-Year Revenue to $75.0 Million

SAN DIEGO, Sept. 18, 2020 (GLOBE NEWSWIRE) — Franklin Wireless Corp.(FKWL), a market leader in broadband data communications including hardware and software solutions for M2M and the IoT, today announced full-year financial results for the fiscal year ended June 30, 2020.Financial and Operational HighlightsFull-year revenue increased 105.9% to $75.1 millionFull-year operating expenses declined 5.1% to $7.4 millionFull-year R&D expenses increased by 27% vs. last yearFull-year net income attributable to parent company increased to $5.6 million, a positive swing of $6.8 million vs. last year“Our fiscal 2020 financial results reflect Franklin’s ability to capitalize on the surge in demand for wireless connectivity brought on by the Pandemic,” said OC Kim, president of Franklin Wireless. “We were able to expand production to meet...

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JFrog Announces Closing of Its Initial Public Offering and Exercise in Full of the Underwriters’ Option to Purchase Additional Shares

SUNNYVALE, Calif., Sept. 18, 2020 (GLOBE NEWSWIRE) — JFrog Ltd. (“JFrog”) (NASDAQ: FROG), the liquid software company, announced today the closing of its initial public offering of 13,303,450 ordinary shares at a price to the public of $44.00 per share, which includes 3,568,218 shares offered and sold by certain of JFrog’s existing shareholders and the full exercise of the underwriters’ option to purchase 1,735,232 ordinary shares from JFrog. JFrog estimates its net proceeds from the offering are approximately $393.1 million after deducting underwriting discounts and commissions and estimated offering expenses. JFrog did not receive any proceeds from the sale of the shares by the existing selling shareholders. The shares began trading on The Nasdaq Global Select Market under the symbol “FROG” on September 16, 2020.Morgan Stanley,...

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HP Untethers Gameplay with the Ultimate Wireless Experience

News Highlights:OMEN Frequency Wireless Headset features lag-free audio1 for crystal clear game play: https://www.globenewswire.com/NewsRoom/AttachmentNg/fcccb7e1-dcf8-47d7-ba55-45f7b7a75098OMEN Vector Wireless Mouse, the world’s fastest USB-C® charging gaming mouse2, achieves one hour of battery life3 in just 30 seconds: https://www.globenewswire.com/NewsRoom/AttachmentNg/3a280f52-7a6d-4a6b-b87b-2dbb9de13d67OMEN Spacer Wireless TKL Keyboard designed for players to game anywhere and features a premium detachable palm rest: https://www.globenewswire.com/NewsRoom/AttachmentNg/19972e52-edcb-4aee-8ad4-92976617e12aOMEN 30L Desktop features powerful graphics with up to an NVIDIA® GeForce RTX™ 3090 GPU: https://www.globenewswire.com/NewsRoom/AttachmentNg/d24abde3-f34b-481b-8255-6c557db123dePALO ALTO, Calif., Sept. 18, 2020 (GLOBE NEWSWIRE) —...

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Smart Sand, Inc. Completes Acquisition of Eagle Materials Inc. Oil and Gas Proppants Segment

THE WOODLANDS, Texas, Sept. 18, 2020 (GLOBE NEWSWIRE) — Smart Sand, Inc. (NASDAQ: SND), a fully integrated frac sand supply and services company, announced today that is has completed the acquisition of the Oil and Gas Proppants Segment of Eagle Materials Inc. (the “Segment”) The Segment’s primary assets include frac sand mines and related processing facilities in Utica, Illinois and New Auburn, Wisconsin, with approximately 3.5 million tons of annual processing capacity, of which approximately 1.6 million tons has access to the BNSF rail line.Charles Young, Smart Sand’s Chief Executive Officer stated, “We are excited about this consolidation opportunity. This acquisition provides direct access to an additional Class I rail line which allows us greater and more sustainable logistics options to continue to broaden our mine to wellsite...

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Ocean Power Technologies Enters Into a New $12.5 Million Common Stock Purchase Agreement With Aspire Capital Fund

MONROE TOWNSHIP, N.J., Sept. 18, 2020 (GLOBE NEWSWIRE) — Ocean Power Technologies, Inc. (“OPT” or “the Company”) (Nasdaq: OPTT), a leader in innovative and cost-effective ocean energy solutions, announced today it has executed a new Common Stock Purchase Agreement (the “Purchase Agreement”) with Aspire Capital Fund, LLC (“Aspire Capital”) to sell up to $12.5 million in common stock to Aspire Capital over a term of 30 months. Proceeds will be used by OPT to build additional PowerBuoys® as needed to meet potential market demand, to further advance the development of new products and solutions, and for other general corporate purposes.“We are excited to renew our relationship with Aspire Capital and the flexibility to potentially access capital on a cost-effective basis,”...

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