Year: 2020
PSYC Aims to Co-Develop Digital Mental Health Platform Through JV PartnershipLAS VEGAS, NV, Dec. 29, 2020 (GLOBE NEWSWIRE) — Global Trac Solutions, Inc. (OTCPink: PSYC) (“Global” “PSYC” or the “Company”) a digital media leader within the emerging sector of medicinal psychedelics, is pleased to announce that the Company has entered into a Memorandum of Understanding (“MOU”) with PsycheDev Inc. (“PsycheDev”), a Canadian based start-up company focused on the development and deployment of technology-driven mental wellness-enhancing solutions.In effect, the execution of the MOU outlines the general terms to be applied by each of the respective companies in entering into advanced discussions surrounding the intended establishment of a Joint Venture Partnership Agreement (the “JV”) which will focus on the effective co-development and launch...
Standard Uranium Finalizes Phase II Drill Program Plans at its Flagship Davidson River Project
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VANCOUVER, British Columbia, Dec. 29, 2020 (GLOBE NEWSWIRE) — Standard Uranium Ltd. (“Standard Uranium” or the “Company”) (TSX-V: STND) (Frankfurt: FWB:9SU) is pleased to announce the Phase II 2021 winter exploration program will commence at its flagship 25,886-hectare Davidson River Uranium Project (the “Project”) on February 1st, 2021, dependent upon the COVID-19 status. The program will consist of approximately 5,850 m of diamond drilling in 13 holes. The Project is located in the Southwest Athabasca Uranium District of Saskatchewan and encapsulates an inferred trend 25 km to 30 km to the west of Fission Uranium’s Triple R and NexGen’s Arrow deposits. (Figure 1).Figure 1 accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/242800c6-0476-43c0-88bb-df18c3e0e65eJon Bey, President, CEO...
Kandi Enters into Strategic Cooperation Agreement with Agricultural Bank of China Hangzhou Branch
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Jinhua, China, Dec. 29, 2020 (GLOBE NEWSWIRE) — Kandi Technologies Group, Inc. (NASDAQ GS: KNDI) (the “Company” or “Kandi”) announced today that it entered into a strategic cooperation agreement with the Hangzhou Branch of the Agricultural Bank of China.Given China’s effort to both encourage the battery swap model for electric vehicles and to support a compliant online ride-sharing market, a strategic partnership was established among Zhejiang Kandi Vehicles Co., Ltd. (“Kandi Vehicles”), Zhejiang Ruiheng Technology Company (“Zhejiang Ruiheng”), China Battery Exchange (Zhejiang) Technology Co., Ltd. (“China Battery”) and the Hangzhou Branch of the Agricultural Bank of China. The parties will promote the implementation of the “300,000 government-accredited pure EVs with battery swap model within 5 years of rideshare” program. A...
Viking Energy Extinguishes Promissory Notes Due Dec. 31st
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HOUSTON,TX, Dec. 29, 2020 (GLOBE NEWSWIRE) — via NewMediaWire —Viking Energy Group,Inc.(OTCQB: VKIN) (“Viking” or the “Company”) is pleased to announce it has extinguished all promissory notes issued by the Company having a maturity date of December 31st, 2020. In 2018, Viking issued approximately $15,000,000, in the aggregate, worth of convertible promissory notes (the “2018 Convertible Notes”) to various persons in connection with a private placement coordinated by certain FINRA-member broker dealers. All of the 2018 Convertible Notes have now been extinguished through (i) exchanges by the noteholders into other convertible promissory notes due February 11, 2022 (the “2022 Notes”); (ii) exchanges by the noteholders into the 2022 Notes followed by a conversion of all or portion of the principal amount of the note into common...
OMNIQ Announces Partnership with Check Point Software Technologies on “ZoneAlarm” Cyber Security Solution
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OMNIQ to offer Check Point’s ZoneAlarm mobile device security software to its Fortune 500 customers to cyber secure OMNIQ’s supply chain mobility solutions SALT LAKE CITY, Dec. 29, 2020 (GLOBE NEWSWIRE) — OMNIQ Corp. (OTCQB: OMQS) (“OMNIQ” or “the Company”), a provider of Supply Chain and Artificial Intelligence (AI)-based solutions, today announced a partnership with Check Point Software Technologies Ltd. (Nasdaq: CHKP) (“Check Point”), a leading provider of cyber security solutions globally, to offer Check Point’s ZoneAlarm security software in tandem with OMNIQ’s supply chain mobility solutions for its multi-industry customer base, including Fortune 500 companies.Check Point is the largest pure-play cyber security vendor globally and provides leading-edge solutions to protect cloud, network and mobile device-held information...
StrikeForce Technologies Reduces Convertible Debt & Files a Post-Qualification Offering Circular
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EDISON, N.J., Dec. 29, 2020 (GLOBE NEWSWIRE) — StrikeForce Technologies, Inc. (OTC PINK: SFOR), is pleased to announce that it has eliminated just under 90% of its convertible debt, with the possibility, although there are no guarantees, of additional debt being reduced. StrikeForce also filed a Post Qualification Offering Circular pursuant to Regulation A, a new higher offering price. The Post Qualification Offering Circular is subject to SEC review and qualification. Any information in this press release or any other communication shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sales of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to qualification for sale as provided in Regulation A+ in any such state or jurisdiction.Our...
Arch Biopartners Closes Non-Brokered Private Placement
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TORONTO, Dec. 29, 2020 (GLOBE NEWSWIRE) — Arch Biopartners Inc. (“Arch” or the “Company”) (TSX Venture: ARCH and OTCQB: ACHFF), a clinical stage company developing new drug candidates for treating organ damage caused by inflammation, today announced it has closed the non-brokered private placement the Company disclosed in a press release December 23, 2020 (The “Offering”). Pursuant to the Offering, Arch issued 430,000 common shares priced at CAD $1.50 per common share (the “Common Shares”) for net proceeds of $500,000 USD (approximately $645,000 CAD) (the “Offering”).The proceeds of the Offering will be used by Arch as working capital to facilitate clinical operations. The proceeds supplement the Government of Canada’s commitment of up to $6.7 million for the Phase II development of Metablok (LSALT Peptide), the Company’s therapeutic...
Patagonia Gold to resume exploration at El Tranquilo
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VANCOUVER, British Columbia, Dec. 29, 2020 (GLOBE NEWSWIRE) — Patagonia Gold Corp. (“Patagonia” or “the Company”), (PGDC.TSXV) announces a new drilling campaign at its El Tranquilo gold/silver property in the province of Santa Cruz, Argentina. The property encompasses the Company’s Cap Oeste gold/silver Project, which includes the former surface mine and current heap leach operations (the “Capo Project”) and Pan American Silver’s COSE (Cap Oeste Sur Este) mine (see map below).The initial focus of the program will be on the Monte Leon target followed by other targets defined by the Company’s geological team (please see map below). Monte Leon is located about 11 km southeast of the Capo Project.Patagonia Gold Corp. El Tranquilo Drill TargetsA Media Snippet accompanying this announcement is available by clicking on the image or link...
Hudson Technologies Applauds Adoption of Omnibus/Covid-19 Relief Which Includes the Phasedown of HFC Production
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PEARL RIVER, N.Y., Dec. 29, 2020 (GLOBE NEWSWIRE) — Hudson Technologies, Inc. (NASDAQ: HDSN), a leading provider of innovative and sustainable solutions for optimizing performance and improving efficiency of commercial and industrial chiller plants and refrigeration systems, commented today on the Omnibus/Covid-19 law passed by Congress, and signed by the President. The law includes language in Section 103, Division S that would require the phasedown of virgin production of hydrofluorocarbons (HFCs), while increasing opportunities for reclamation of HFCs.Brian F. Coleman, President and Chief Executive Officer of Hudson Technologies commented, “We are very pleased with the Omnibus/Covid-19 Relief package, which includes the phasedown of virgin production of HFC refrigerants. We believe this law will go a long way to help the country...
The Flowr Corporation Completes Acquisition of 100% of Terrace Global Inc.
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TORONTO, Dec. 29, 2020 (GLOBE NEWSWIRE) — The Flowr Corporation (TSX.V: FLWR; OTC: FLWPF) (“Flowr” or the “Company”) is pleased to announce that it acquired all of the issued and outstanding Common Shares of Terrace Global Inc. (“Terrace”) pursuant to a plan of arrangement (the “Arrangement”) pursuant to which shareholders of Terrace received 0.4973 of a common share in the capital of Flowr in exchange for each Terrace Share held. Pursuant to the Arrangement, Flowr acquired ownership of 290,687,569 Common Shares, representing 100% of the issued and outstanding Common Shares of Terrace.Immediately before the completion of the Arrangement, Flowr did not own or control any Common Shares. Immediately after the completion of the Arrangement, Flowr owned 290,687,569 Common Shares, representing 100% of the issued and outstanding Common Shares.The...