Teligent, Inc. Announces Third Quarter 2020 Results

Written by Customer Service on December 31, 2020. Posted in Public Companies.

BUENA, N.J., Dec. 31, 2020 (GLOBE NEWSWIRE) — Teligent, Inc. (NASDAQ: TLGT), a New Jersey-based specialty generic pharmaceutical company, today announced its financial results for the third quarter ended September 30, 2020.Financial HighlightsThird Quarter 2020 vs. Second Quarter 2020Revenues of $14.3 million, an increase of $0.8 million or 6%, on stronger demand for US topical productsGross profit of $0.1 million, a decrease of $2.4 million driven by additional inventory reserves and write offsProduct development and research expenses of $2.4 million, an increase of $0.5 million due to API write offs for development programs not being pursuedSelling, general and administrative expenses of $6.5 million, an increase of $1.6 million or 31% driven by increased professional fee for debt and strategic consulting and bad debt expenseOperating...

End of Year Message to Shareholders

Written by Customer Service on December 31, 2020. Posted in Public Companies.

JAMESTOWN, CA, Dec. 31, 2020 (GLOBE NEWSWIRE) — Green EnviroTech Holdings Corp. (OTC PINK: GETH) To shareholders, creditors, and note-holders of Green EnviroTech Holdings.It has been a long and difficult road to get where we are today. Over the past five years we have experienced various challenges including a pandemic, a health crisis, a lack of financial resources, fund raising challenges and delays that have slowed the realization of construction of the first plant using our technology. It is fair to say that without the resolve of management to achieve success with this business, GETH would not have remained operational. Besides the commitment of management to achieve success for GETH, we as a management staff also understand that there is a greater vision to make this globe a better place by eliminating toxic plastic and waste...

TC Energy provides conversion right and dividend rate notice for Series 5 and 6 preferred shares

Written by Customer Service on December 31, 2020. Posted in Public Companies.

CALGARY, Alberta, Dec. 31, 2020 (GLOBE NEWSWIRE) — News Release – TC Energy Corporation (TSX:TRP) (NYSE:TRP) (TC Energy) announced today that it does not intend to exercise its right to redeem its Cumulative Redeemable First Preferred Shares, Series 5 (Series 5 Shares) and Cumulative Redeemable First Preferred Shares, Series 6 (Series 6 Shares) on January 30, 2021. As a result, subject to certain conditions:(a) the holders of Series 5 Shares have the right to choose one of the following options with regard to their shares:to retain any or all of their Series 5 Shares and continue to receive a fixed rate quarterly dividend; orto convert, on a one-for-one basis, any or all of their Series 5 Shares into Series 6 Shares and receive a floating rate quarterly dividend, and(b) the holders of Series 6 Shares have the right to choose...

TAAT™ Plans for Expansion by Doubling Beyond Tobacco™ Production Capacity, Developing U.S. Online Store, and Filing Trademarks in 54 Countries

Written by Customer Service on December 31, 2020. Posted in Public Companies.

LAS VEGAS and VANCOUVER, British Columbia, Dec. 31, 2020 (GLOBE NEWSWIRE) — TAAT™ LIFESTYLE & WELLNESS LTD. (CSE: TAAT) (OTCQB: TOBAF) (FRANKFURT: 2TP2) (the “Company” or “TAAT™”) is pleased to announce progress with its initiatives to potentially expand production and commercialization of its flagship product TAAT™ both domestically within the United States as well as in new international markets. By optimizing production line layouts, automating workflows, and adding new machinery to the Company’s Las Vegas, NV processing facility in which the Beyond Tobacco™ base material of TAAT™ is produced, the facility’s maximum capacity will be increased by approximately 100%. Based on this enhanced production bandwidth which could enable TAAT™ to be supplied on a larger scale, the Company has accelerated development of an e-commerce...

Platinex Completes Oversubscribed Flow Through Private Placement

Written by Customer Service on December 31, 2020. Posted in Public Companies.

TORONTO, Dec. 31, 2020 (GLOBE NEWSWIRE) — Platinex Inc. (CSE: PTX) (the “Company” or “Platinex“) is pleased to announce that it has completed its previously announced non-brokered private placement (the “Private Placement“), issuing a total of 11,430,338 flow-through units (“FT Units“) for gross proceeds of $857,275. Each FT Unit consists of one flow-through common share (“FT Share“) of the Company and one half of one common share purchase warrant. Each full warrant (“Warrant“) is exercisable into a non-flow through common share at an exercise price of $0.10 for a period of 24 months following the closing of the Private Placement.The Company will use the proceeds of the Private Placement to incur Canadian Exploration Expenses in Ontario on its Shining Tree property.In...

Intema provides clarification and update

Written by Customer Service on December 31, 2020. Posted in Public Companies.

MONTREAL, Dec. 31, 2020 (GLOBE NEWSWIRE) — Intema Solutions Inc. (“Intema” or the “Corporation”) (TSXV: ITM, OTCMKTS: ITMZF). Following the press release issued this day and the request by the TSX Venture Exchange that additional information be provided, the Corporation hereby announces that the agreement entered into with Lazarus Growth, as mentioned in the initial press release, is for a three-month period and is cancellable upon 30 days’ notice, with a retainer of $4,000 per month. The agreement with Lazarus Growth is at arm’s length.Management also confirms that it is unaware of any undisclosed material information. Although the Corporation is seeking opportunities in the iGaming and eSports sectors and it has been introduced to certain industry players, no agreement or letter of intent has been entered into and there can be...

Intema fournit des précisions et une mise à jour

Written by Customer Service on December 31, 2020. Posted in Public Companies.

MONTRÉAL, 31 déc. 2020 (GLOBE NEWSWIRE) — Intema Solutions Inc. (« Intema » ou la « Société ») (TSXV: ITM, OTCMKTS: ITMZF). Suite au communiqué de presse publié aujourd’hui et à la demande de la Bourse de croissance TSX de fournir des informations supplémentaires, la Société annonce par la présente que l’entente conclue avec Lazarus Growth, telle que mentionnée dans le communiqué de presse initial, est pour une période de trois mois et est résiliable sur préavis de 30 jours, avec une rémunération de 4 000 $ par mois. L’entente avec Lazarus Growth est sans lien de dépendance.La direction confirme également qu’elle n’a connaissance d’aucune information matérielle non divulguée. Bien que la Société soit à la recherche d’opportunités dans les secteurs du iGaming et du eSports et qu’elle...

Solar Alliance Announces New Chairman

Written by Customer Service on December 31, 2020. Posted in Public Companies.

TORONTO and KNOXVILLE, Tenn., Dec. 31, 2020 (GLOBE NEWSWIRE) — Solar Alliance Energy Inc. (‘Solar Alliance’ or the ‘Company’) (TSX-V: SOLR, OTC: SAENF) announces that CEO Michael Clark has been appointed Chairman of the Company’s Board of Directors, effective immediately. Jason Bak has resigned as Chairman in order to pursue other opportunities and the Company wishes him well in his future endeavours.“As a Founder & former CEO of this Company it has been my honour to work alongside a great team that has helped improve this world for the better,” said Mr. Bak. “We have developed over $1 billion of renewable assets that are currently operational and helped accelerate the world’s transition to renewable energy. From founding the Company in 2003, listing it in 2007 and leading the development of over 360MW of renewable assets,...

MULTIMEDIA UPDATE: PureK Holdings Corp. to Acquire No B.S. Skincare, a Clean Ingredient Skincare Company

Written by Customer Service on December 31, 2020. Posted in Public Companies.

VANCOUVER, British Columbia, Dec. 31, 2020 (GLOBE NEWSWIRE) — PureK Holdings Corp‎. (the “Company“) (TSX Venture: PKAN), along with its majority-owned CBD subsidiary company, PureKana LLC, (“PureKana”), is pleased to announce that effective today it has entered into a binding letter of intent (“LOI”) with DTC Brands, LLC to acquire No B.S. Life, LLC (“No B.S. Skincare”), the industry-leading clean-formula skin care and beauty company. The transaction is an arm’s length acquisition and all figures in this news release are in U.S. dollars, unless otherwise indicated.Under the terms of the binding LOI, PureK Holdings Corp. and its PureKana subsidiary will acquire all of the issued and outstanding membership units of No B.S. Life, LLC, with 65% of the purchase price to be paid by PureK Holdings Corp. and 35% to be paid by...

Staffing 360 Solutions Announces Closing of $1.74 Million Registered Direct Offering of Common Stock Priced At-the-Market Under Nasdaq Rules

Written by Customer Service on December 31, 2020. Posted in Public Companies.

NEW YORK, Dec. 31, 2020 (GLOBE NEWSWIRE) — Staffing 360 Solutions, Inc. (NASDAQ: STAF), a staffing company executing an international buy-integrate-build strategy through the acquisition of staffing organizations in the United States and the United Kingdom, today announced the closing of its previously announced registered direct offering priced at-the-marked under Nasdaq rules, of 2,662,596 shares of its common stock at a purchase price of $0.655 per share for gross proceeds of approximately $1.74 million.The Company intends to use 75% of the net proceeds from the registered direct offering to redeem a portion of its outstanding note due September 30, 2022, and 25% of the net proceeds from this offering to redeem a portion of its Series E Preferred Stock.H.C. Wainwright & Co. acted as sole book-running manager for the offering.A...

Year: 2020

Disclaimer & Cookie Notice

Welcome to GOLDEA services for Professionals

Cookie Notice