Day: November 25, 2020

Pure Harvest Corporate Reports Strong Revenue Growth

Written by Customer Service on November 25, 2020. Posted in Public Companies.

SKM Dispensary and Colorado on Pace to Shatter Year Over Year Sale FiguresDenver, CO, Nov. 25, 2020 (GLOBE NEWSWIRE) — via NewMediaWire — Pure Harvest Corporate Group, Inc. (OTCQB: PHCG), an emerging cannabis and hemp-CBD holding company, is pleased to announce a dramatic increase in revenue via its most recent quarterly report.Highlights are as follows:· Q3 2020 Revenues increased by 8,066% from Q2 2020 Revenue· Q3 2020 Revenue: $318,690 / Q2 2020 Revenue: $3,951· Gross Profit increased from negative ($36,114) in Q2 2020 to $258,138 in Q3 2020· Revenue Increased by 2,229% from Q3 2019· Gross Profit increased from $9,516 in Q3 2019 to $258,138 in Q3 2020.The significant increases are largely attributable to revenue derived from the Company’s recently opened dispensary located in Dumont-Downieville,...

DGTL Holdings Inc. to Launch into TikTok and Snapchat Markets Through Non-Brokered Financing

Written by Customer Service on November 25, 2020. Posted in Public Companies.

NEW YORK, Nov. 25, 2020 (GLOBE NEWSWIRE) — via InvestorWire – DGTL Holdings Inc. (“DGTL” or the “Company”) (TSXV: DGTL) (Frankfurt: A2QB0L) today reports plans to develop the software of its wholly owned subsidiary, Hashoff LLC, to service the fastest-growing multimedia social media application markets. In doing so, DGTL will fund the software development of the Hashoff SaaS (software-as-a-service) technology platform to service digital media platforms such as TikTok, Snapchat, Twitch, Triller, Reels and others with a private placement non-brokered financing.This software development project is a key element that supports the original Hashoff share exchange agreement, which requires Hashoff to meet or exceed an annual sales revenue milestone of up to USD $8 million on or before June 30 , 2023, in order to receive 100% of the remaining...

Hudbay Announces Resumption of Full Production at its 777 Mine

Written by Customer Service on November 25, 2020. Posted in Public Companies.

TORONTO, Nov. 25, 2020 (GLOBE NEWSWIRE) — Hudbay Minerals Inc. (“Hudbay” or the “company”) (TSX, NYSE: HBM) today announced that full production has resumed at its 777 Mine in Flin Flon, Manitoba, following the skip hoist incident in October. The shaft repair activities were completed well ahead of schedule and the total direct repair costs were under the estimated $5.0 million.While the shaft was under repair, the company temporarily reassigned equipment and personnel from the 777 mine to the Lalor mine in Snow Lake to partially mitigate lost production. Although fourth quarter production and sales volumes will be impacted, the company continues to expect the Manitoba business unit to achieve its full year production and unit cost guidance for 2020.“The shaft incident was an unfortunate event, but the team responded quickly and...

Global Dental Implants Market to Reach USD 5725 Million by 2026 and Exhibiting 5.1% CAGR by 2026

Written by Customer Service on November 25, 2020. Posted in Mergers And Acquisitions.

Pune, India, Nov. 25, 2020 (GLOBE NEWSWIRE) — According to the report, in 2018 the global Dental Implants Market Size was worth US$ 3870 Mn. The market is anticipated to progress at a CAGR of 5.1% and reach US$ 5725.7 Mn by the end of 2026. The report also offers a comprehensive overview of the global market. Europe emerged dominant in the globaol dental implants market in 2018. The Europe market was valued at US$ 1548 Mn in 2018. The region is likley to emerge dominant over the forecast period also.Key Industry Developments:In August 2017, Dentsply Sirona Inc. introduced the Lucitone HIPA (High Impact Pour Acrylic) denture base.In June 2016, DENTSPLY Sirona announced a definitive agreement to acquire MIS Implants Technologies (Israel), a leading player in the value implants market.In April 2015, Straumann (Switzerland) acquired...

Steel Reef Announces Reallocation of Capital to Support Continuing Growth

Written by Customer Service on November 25, 2020. Posted in Dividend Reports And Estimates.

CALGARY, Alberta, Nov. 25, 2020 (GLOBE NEWSWIRE) — Steel Reef Infrastructure Corp. (“Steel Reef” or the “Company”) today announced its Board of Directors (“Board”) has determined to discontinue the Company’s dividend and reallocate free cash flow toward profitable investments that will contribute to long-term value for shareholders.Throughout the COVID-19 pandemic, Steel Reef has maintained a strong base business and expanded its portfolio of potential growth opportunities despite challenging energy market conditions. The Company’s new capital allocation approach enhances Steel Reef’s ability to capitalize on potential investments as industry activity resumes. Steel Reef has approximately doubled in size over the past year and since inception has deployed approximately $950 million in capital to high-quality natural gas gathering,...

Ventilator Market to Reach USD 9.13 Billion by 2027 with 5.0% CAGR; Surging Number of Critical Cases Owing to COVID-19 will Boost Growth, says Fortune Business Insights™

Written by Customer Service on November 25, 2020. Posted in Mergers And Acquisitions.

Pune, Nov. 25, 2020 (GLOBE NEWSWIRE) — According to this report, the value of the global Ventilator Market Size was USD 2.54 billion in 2019 and is expected to reach USD 9.13 billion by the end of 2027 with a CAGR of 5.0% between 2020 and 2027. The global market size is estimated to gain momentum on account of the increasing number of ICU admissions that require mechanical ventilation. This is further attributed to the growing prevalence of chronic diseases that requires critical care equipment such as incubators, ventilator, and other devices. North America generated USD 0.88 billion in terms of revenue in 2019 and emerged dominant. Factors responsible for this dominance include the rising number of patients admitted to intensive care and critical care units every year.KEY INDUSTRY DEVELOPMENTS:April 2020 – Biodesign Innovation...

Cornerstone Announces Increased Financing to up to $7.7 Million

Written by Customer Service on November 25, 2020. Posted in Public Companies.

Not for distribution to United States newswire services or for dissemination in the United StatesOTTAWA, Nov. 25, 2020 (GLOBE NEWSWIRE) — Cornerstone Capital Resources Inc. (“Cornerstone” or “the Company”) (TSXV:CGP) (Frankfurt:GWN) (Berlin:GWN) (OTC:CTNXF) announces an increase to its previously announced non-brokered private placement. The Company now intends to issue in the private placement up to 1.54 million common shares at an issue price of $5.00 per common share for total gross proceeds of up to $7.7 million (the “Offering”). This is an increase from the previously announced financing of up to $6.9 million.The Company intends to use the proceeds of the Offering for working capital and general corporate purposes. Certain insiders of the Company may participate in the Offering. The issuance of common shares to insiders of...

Nanox to Feature Nanox.ARC Digital X-Ray Technology in a Live Demonstration at the 2020 Radiology Society of North America Virtual Annual Meeting

Written by Customer Service on November 25, 2020. Posted in Public Companies.

NEVE ILAN, Israel, Nov. 25, 2020 (GLOBE NEWSWIRE) — NANO-X IMAGING LTD (NASDAQ: NNOX) (“Nanox” or the “Company”), an innovative medical imaging technology company, announced today that the Company will host a live demonstration that will showcase the Nanox digital x-ray source tube and a range of 2D and 3D imaging applications performed by the Nanox.ARC at the 2020 Radiology Society of North America Virtual Annual Meeting. The live event will take place at the Nanox RSNA virtual booth on Thursday, December 3, 2020 at 11:00am E.T. An investor webinar will follow the live event on Thursday, December 3, 2020 at 2:00pm E.T.The investor webinar will feature a replay of the recorded RSNA live steam and presentations of clinical applications of the Nanox.ARC system by well-known radiologists and their views of how they believe it will...

Novo Provides Update on Partial Sale of Blue Spec Project

Written by Customer Service on November 25, 2020. Posted in Public Companies.

VANCOUVER, British Columbia, Nov. 25, 2020 (GLOBE NEWSWIRE) — Novo Resources Corp. (“Novo” or the “Company”) (TSX-V: NVO & NVO.WT; OTCQX: NSRPF) is providing an update on the previously announced sale (the “Transaction”) of a portion of its Blue Spec project comprising mining leases 46/115 and 46/244 and related mining information (the “Subject Blue Spec Tenements”) in Western Australia to ASX-listed Calidus Resources Limited (“Calidus”) (please see the Company’s news release dated September 21, 2020 for further details). The Company has executed an amended terms sheet (the “Amended Terms Sheet”) and agreed to a revised transaction structure and payment schedule with Calidus as follows:Calidus will pay A$2.5 million to the Company by November 30, 2020 in exchange for a 10% interest in the Subject Blue Spec Tenements;Calidus...

Pulse Oximeters Market to Expand at 6.7% and to Reach US$ 2,657.6 Million by 2025; SMEs may Benefit from Increasing Device Approvals, says Fortune Business Insights

Written by Customer Service on November 25, 2020. Posted in Mergers And Acquisitions.

Pune, India, Nov. 25, 2020 (GLOBE NEWSWIRE) — The global pulse oximeters market is likely to grow in the coming years due to increasing usage clearances from the Food and Drug Administration (FDA). The market is likely to reach US$ 2,657.6 Mn by the end of 2025. Fortune Business Insights states that the market was valued at US$ 1,587.3 Mn in 2017 and will exhibit a CAGR of 6.7% in the forecast period. North America generated revenue of US$ 604.5 Mn in 2017 and is expected to dominate the market throughout the forecast period. Higher adoption of pulse oximeters and higher awareness amongst patients and caretakers are responsible for the higher share of North America in the global pulse oximeters market.Key Industry Developments:In April 2019, the sleep and respiratory division of Koninklijke Philips N.V., Philips Respironics, transferred...

Day: November 25, 2020

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