Month: December 2020
MONTRÉAL, Dec. 18, 2020 (GLOBE NEWSWIRE) — Premier Health of America Inc. (formerly known as Physinorth Acquisition Corporation Inc.) (TSXV: PHA) (the “Corporation”), a leading Canadian Healthtech company, announces it has filed its consolidated financial statements and MD&A for its fiscal year ended September 30, 2020.SummaryThe Corporation achieved a 78.5% increase in revenue attributable to long-term contract renewals, changes in Quebec legislation, and an increased number of hours billed following the optimization of resources allocation.The increase in the average gross margin to 27.5% from 22% resulted from a more efficient geographical distribution of services rendered.The EBITDA(1) increased by 144% to $2,1M.The Corporation completed a major acquisition subsequently to the September 30, 2020 results.“2020 was a period...
Asure Software, Inc. Announces Pricing of Public Offering of Common Stock
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AUSTIN, Texas, Dec. 18, 2020 (GLOBE NEWSWIRE) — Asure Software, Inc. (NASDAQ: ASUR), a leading provider of cloud-based Human Capital Management (HCM) software solutions, today announced the pricing of an underwritten public offering of its newly issued shares of common stock. The offering consists of 2,600,000 newly issued shares being sold by Asure at a public offering price of $7.25 per share. The gross proceeds to Asure from this offering are expected to be $18,850,000, before deducting the underwriting discounts and commissions and other estimated offering expenses payable by the company. Asure has granted the underwriters a 30-day option to purchase up to an additional 390,000 shares of common stock from Asure at the same price. The offering is expected to close on December 22, 2020, subject to customary closing conditions.Asure...
Gold Bull completes Coyote project acquisition
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VANCOUVER, British Columbia, Dec. 18, 2020 (GLOBE NEWSWIRE) — Gold Bull Resources Corp. (TSX-V: GBRC) (“Gold Bull” or the “Company”) is pleased to announce it has completed the Coyote Project (“Coyote”) acquisition. Coyote is located in Western Utah, USA and has been purchased for an annual payment of USD$50,000 which upon production converts to a 3% net smelter royalty (1% of the NSR may be purchased for $1M for up to 2%).Coyote represents an early-stage gold and silver exploration project. The Company intends to commence on the ground exploration in January 2021 and will plan its maiden drill program after on the ground work consisting of geological mapping, soil sampling and ground geophysics has been completed.Gold Bull CEO, Cherie Leeden commented:Coyote is a super exciting early-stage exploration asset. As previously announced,...
LOMIKO APPOINTS GREGG JENSEN TO THE LOMIKO BOARD OF DIRECTORS AND TO THE TECHNICAL, SAFETY AND SUSTAINABILITY COMMITTEE
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Vancouver, B.C., Dec. 18, 2020 (GLOBE NEWSWIRE) — Lomiko Metals Inc. (“Lomiko”) (TSX-V: LMR, LMRMF, FSE: DH8C, (ISIN: CA54163Q1028) (WKN: A0Q9W7) (LEI: 529900GJP51V4HR9MN94) is pleased to report that Mr. Gregg Jensen has accepted an appointment to the Lomiko Board of Directors and to the Lomiko Technical, Safety and Sustainability Committee (“LTSSC”).Mr. Jensen has over 25 years of experience in Finance and Business management spanning several industries from technology, mining, engineering, to professional services. Mr. Jensen is currently Managing Director of Mavericus Ventures Corp. a private merchant bank investing in early-stage private and public companies. He has also served on several public and private boards and has held several executive roles. Mr. Jensen has led several companies through multiple capital raises, several...
Schultze Special Purpose Acquisition Corp. and Clever Leaves International Inc. Complete Business Combination
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RYE BROOK, N.Y., Dec. 18, 2020 (GLOBE NEWSWIRE) — Schultze Special Purpose Acquisition Corp. (NASDAQ: SAMA, SAMAW, and SAMAU) (“SAMA”) and Clever Leaves International Inc. (“Clever Leaves”) announced that following a special meeting of SAMA stockholders held yesterday, they have completed their previously announced business combination (the “Business Combination”), pursuant to which Clever Leaves Holdings Inc. (“Holdco”), a newly formed holding company, has acquired SAMA and Clever Leaves for total consideration of approximately $205 million.Upon completion of the Business Combination, SAMA became a wholly owned subsidiary of Holdco and the shares of common stock and warrants of SAMA were exchanged for common shares and warrants of Holdco. The Holdco common shares and warrants are expected to begin trading today on the Nasdaq Capital...
RUBICON TECHNOLOGY EXTENDS SECTION 382 RIGHTS AGREEMENT TO PROTECT THE VALUE OF ITS NET OPERATING LOSSES
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Bensenville, IL, Dec. 18, 2020 (GLOBE NEWSWIRE) — Rubicon Technology, Inc. (NASDAQ: RBCN) announced today that it has entered into an amendment to extend its Section 382 Rights Agreement (the “Rights Agreement”). The Rights Agreement was entered into in an effort to preserve stockholder value by protecting against a possible limitation on the Company’s ability to use its net operating loss carry-forwards, which for U.S. federal income tax purposes were estimated at approximately $188.1 million as of December 31, 2019.The Rights Agreement was originally entered into in December 2017 and was scheduled to expire on December 18, 2020. The amendment, which has been unanimously approved by the Board of Directors and was approved by stockholders at the Company’s 2020 Annual Meeting, extends the final expiration date of the Rights Agreement...
Harsco’s ALTEK Becomes First and Only Global Provider of End-To-End Solutions for Sustainable Aluminum Production
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Harsco’s ALTEK now handles every step of aluminum dross processing as the first and only commercially viable and scalable full-service solutions provider for the global aluminum industry.ALTEK is the first provider of breakthrough in-house salt slag recycling solution AluSalt™.CAMP HILL, Pa., Dec. 18, 2020 (GLOBE NEWSWIRE) — Harsco Corporation (NYSE:HSC) announced today its subsidiary ALTEK is now able to provide complete end-to-end dross processing and environmental solutions to enable the global aluminum industry to maximize aluminum recoveries and achieve zero waste.In May 2018, Harsco acquired U.K.-based ALTEK, a leading supplier of innovative process technology to the worldwide aluminum industry, to expand the metal recovery by-product reuse capabilities of its environmental division, Harsco Environmental (HE), into the aluminum...
Atea Pharmaceuticals Added to Russell 2000 Index
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BOSTON, Dec. 18, 2020 (GLOBE NEWSWIRE) — Atea Pharmaceuticals, Inc. (Nasdaq: AVIR) (“Atea”), a clinical-stage biopharmaceutical company, today announced that it has been added to the Russell 2000® Index, effective December 21, 2020, as part of the index’s quarterly initial public offering (IPO) additions.“We are pleased to be added to the Russell 2000 Index, which will help to broaden our investor base and increase awareness of our Company’s mission of discovering, developing and commercializing therapies to address the unmet medical needs of patients with life-threatening viral diseases,” said Jean-Pierre Sommadossi, Ph.D., Founder and Chief Executive Officer of Atea Pharmaceuticals. “In particular, we look forward to expanding visibility of our novel antiviral product candidates, including AT-527 for...
HTG Announces First Collaborator in Early Access Program for its Prototype Whole Transcriptome Panel
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TUCSON, Ariz., Dec. 18, 2020 (GLOBE NEWSWIRE) — HTG Molecular Diagnostics, Inc. (Nasdaq: HTGM) (HTG), a life science company whose mission is to advance precision medicine, today announced that it has signed up the first collaborator in its recently announced Early Access Program for its prototype whole transcriptome panel. The Early Access Program is intended to allow select customers access to the panel in their laboratories or through services to be performed in our development laboratory prior to commercial launch of this product.Our whole transcriptome panel is expected to enable analysis of the entire known human transcriptome (approximately 20,000 mRNA targets) while retaining the proven advantages of HTG’s smaller targeted panels, including the ability to run small sample sizes without requiring RNA isolation and purification...
Noranda Income Fund Announces Special Distribution of 2020 Taxable Income
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TORONTO, Dec. 18, 2020 (GLOBE NEWSWIRE) — Noranda Income Fund (TSX:NIF.UN) (the “Fund”) announced today that the Board of Trustees of Noranda Operating Trust (the “Board” or “Trustees”) has approved a special cash distribution of $0.03 per unit payable on January 25, 2021 to Priority and Ordinary Unitholders of record as at the close of business on December 31, 2020. This special cash distribution is based on the Fund’s 2020 unconsolidated taxable income calculated in accordance with the Fund’s Trust Indenture.All cash distributions to Unitholders must also be approved by the asset-based revolving credit facility lenders of the Fund and they have provided consent for this special distribution.The 2020 special distribution does not signal a return to regular recurring monthly distributions to Unitholders. On January 31, 2017, in...
