Day: October 15, 2020

Dominion Lending Centres Group Signs Premiere Mortgage Centre Inc.

CALGARY, Alberta, Oct. 15, 2020 (GLOBE NEWSWIRE) — Founders Advantage Capital Corp. (TSX-V: FCF) (“FAC” or the “Corporation”) is pleased to announce that Mortgage Centre Canada (“MCC”), a member of the Dominion Lending Centres Group (“DLCG”), has entered into a franchise agreement with Premiere Mortgage Centre Inc. (“Premiere”). Premiere has over 180 mortgage professionals throughout offices across Ontario and Atlantic Canada. In fiscal 2019, Premiere originated ~$2.2 billion in funded mortgages representing ~5% anticipated growth for DLCG’s overall annual mortgage origination volume. Premiere is led by two prominent industry professionals in Don MacVicar and Kerri Reed.Gary Mauris, Chairman of the Corporation and CEO of DLCG, commented: “We are incredibly pleased to be working with the Premiere Group. They are highly respected...

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IntelGenx Closes U.S.$1.2 Million Private Placement Financing

SAINT LAURENT, Quebec, Oct. 15, 2020 (GLOBE NEWSWIRE) — IntelGenx Technologies Corp. (TSX-V:IGX) (OTCQB:IGXT) (the “Company” or “IntelGenx”) announces the closing of an offering by way of private placement (the “Offering”) to certain investors in the United States of U.S.$1.2 million principal amount of 8% convertible notes due October 15, 2024 (the “Notes”). The Notes will bear interest at a rate of 8% per annum, payable quarterly, and will be convertible into shares of common stock of the Company (the “Shares”) beginning 6 months after their issuance at a price of U.S.$0.18 per Share.The Company intends to use the proceeds of the Offering for working capital purposes.In connection with the Offering, the Company paid to an agent a cash commission of approximately U.S.$85,000 in the aggregate and issued non-transferable warrants...

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Radview Software Ltd. Announces Results of Annual General Meeting

Rosh Ha’ain, Israel, Rosh ha’ain, Oct. 16, 2020 (GLOBE NEWSWIRE) — October 15, 2020 – RadView Software Ltd. (OTCMKTS:RDVWF) today announced that at the Annual General Meeting of Shareholders held on October 15, 2020 at 15:00 (Israel time) at the offices of the Company, 13 Ha’Amal Street, Park Afek, Rosh Ha’Ain, Israel, the following resolutions were adopted:To re-elect and elect (as the case may be) Mr. Shai Beilis, Mr. Eyal Shalom, Mr. Avi Fried,  Mr. Ori Gal and Mr. Assaf Katan to the Company’s Board of Directors, to serve until the next annual general meeting of shareholders and until their successors have been duly elected and qualified;To elect Ms. Orna Mintz-Dov as an external director, to hold office for 3 years, starting from the date of her election;To elect Mr. Hillik Nissani as an external director, to hold office...

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Inphi to Report Third Quarter 2020 Financial Results on October 29, 2020

SAN JOSE, Calif., Oct. 15, 2020 (GLOBE NEWSWIRE) — Inphi Corporation (NASDAQ: IPHI), a leader in high-speed data movement interconnects, today announced it will release its third quarter 2020 results for the quarter ended September 30, 2020 on Thursday, October 29, 2020, after the close of the market. In conjunction with the release, Inphi will hold a conference call at 4:30 p.m. Eastern Time/1:30 p.m. Pacific Time with Ford Tamer, President and Chief Executive Officer, and John Edmunds, Chief Financial Officer.To participate via telephone, dial 765-507-2591, conference ID: 5615478. Please dial in 10 minutes prior to the scheduled conference call time. A webcast of the conference call will be available live and archived on Inphi’s website at https://www.inphi.com/investors/.About InphiInphi Corporation is a leader in high-speed...

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High Arctic Announces Two-Year Extension of Credit Facility, Operations Update and Continuation of Outstanding Safety Performance

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF U.S. SECURITIES LAWCALGARY, Alberta, Oct. 15, 2020 (GLOBE NEWSWIRE) — High Arctic Energy Services Inc. (TSX: HWO) (“High Arctic” or the “Corporation”) is pleased to announce the two-year extension of its current credit facility with HSBC (the “Credit Facility”). The Credit Facility maturity date is extended to August 31, 2023 with enhanced flexibility and similar underlying financial covenants and borrowing capacity.In addition to the Corporation’s existing cash balance, which was $33.5 million on June 30, 2020, the available Credit Facility capacity provides additional liquidity for both future operating and capital requirements.   Chris Ames, CFO noted “This extension...

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Red Moon Resources – Gypsum Production Update

ST. JOHN’S, Newfoundland and Labrador, Oct. 15, 2020 (GLOBE NEWSWIRE) — Red Moon Resources Inc. (“the Company” – “Red Moon” TSX-V:RMK) announces that production continues at its Ace gypsum/anhydrite mine in western Newfoundland. Three shipments have been made to date. A fourth shipment is scheduled for this week and a fifth is scheduled for early November. Production is expected to exceed 100,000 tonnes for the season. Notwithstanding the COVID-19 disruptions which have impacted production and sales, the company is pleased with the progress made thus far in 2020.In anticipation of future demands for gypsum, the Company has been evaluating further mine development opportunities in the historic Flat Bay mines. This includes the possible reclamation of gypsum tailings left over from historic operations as previously reported....

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Flow Capital Announces Completion of $17 Million Investment by Flow Priority Return Fund II LP

TORONTO, Oct. 15, 2020 (GLOBE NEWSWIRE) — Flow Capital Corp. (TSXV: FW) (“Flow Capital” or the “Company”) announces that it has completed a first close of $17 million, of up to $25 million (the “Investment Amount”), through its Flow Priority Return Fund II LP (“LP II” or “Fund II”), against the grant of a royalty interest in certain of its existing investments to the Fund (the “Transaction”).Under the Transaction, a collection of institutional and high net worth investors have subscribed for senior A or F units of the newly-created Fund II. Fund II may also, at its option, issue such further senior A, F or H units on a subsequent close, with the return attached to the senior H units being determined by the general partner of Fund II. In exchange for the Investment Amount, the Company has granted to Fund II a royalty interest in...

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Hofseth Biocare ASA: KEY INFORMATION RELATING TO THE SUBSEQUENT OFFERING

Reference is made to the announcement by Hofseth BioCare ASA on 16 October 2020 concerning the completion of a private placement with total gross proceeds of approximately NOK 200 million and a contemplated subsequent offering (the “Subsequent Offering“).This information is published in accordance with the requirements of the Continuing Obligations.

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Hofseth Biocare ASA: PRIVATE PLACEMENT SUCCESSFULLY PLACED

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART DIRECTLY OR INDIRECTLY, IN AUSTRALIA, CANADA, JAPAN OR THE UNITED STATES OR ANOTHER JURISDICTION IN WHICH THE RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL. THIS ANNOUNCEMENT DOES NOT CONSTITUTE AN OFFER OF ANY OF THE SECURITIES DESCRIBED HEREIN.(Ålesund, 16 October 2020) Reference is made to the stock exchange release from Hofseth Biocare ASA (“HBC” or the “Company“) published on 15 October 2020 regarding a contemplated private placement.The Company hereby announces that it has allocated 24,691,358 new shares in the Company (the “Offer Shares“) in a private placement (the “Private Placement“) at a subscription price of NOK 8.10 per share, corresponding to a total size of the Private Placement of NOK 200 million....

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Christina Lake Cannabis Completes Commissioning of CO2 Extraction Equipment

VANCOUVER, British Columbia, Oct. 15, 2020 (GLOBE NEWSWIRE) — Christina Lake Cannabis Corp. (the “Company” or “CLC” or “Christina Lake Cannabis”) is pleased to announce it has completed the commissioning of its Vitalis Extraction Technology R200H-GMP-SS extraction system. The news comes days after revealing the Company has met its first-year cannabis production forecast of 22,500 kg, which will be processed to produce premium quality extracts in the form of full-spectrum cannabis oil, distillates, isolates and terpenes.CLC’s focus on extracting unique terpenes and cannabinoid profiles from the outdoor grown harvest answers a growing demand from a customer base interested in full-spectrum products. With flexibility, quality and safety at the core of its operations and future plans to scale, CLC chose the Vitalis R200 extractor made...

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