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Year: 2020

Fatty Alcohol Market to Reach USD 7.40 Billion by 2027; Rising Shift towards Eco-friendly Ingredients to Favor Growth, Says Fortune Business Insights™

Pune, Nov. 24, 2020 (GLOBE NEWSWIRE) — The global fatty alcohol market is set to gain traction from the rising demand for bio-based products. Hence, manufacturers are shifting towards using eco-friendly ingredients. This information is given by Fortune Business Insights™ in a new report, titled, “Fatty Alcohol Market Size, Share & COVID-19 Impact Analysis, By Product (C6-C10, C11-C14, and C15-C22), By Application (Soaps & Detergents, Personal Care, Lubricants, Amines, and Others) and Regional Forecast, 2020-2027.” The report further states that the fatty alcohol market size was USD 5.08 billion in 2019 and is projected to reach USD 7.40 billion by 2027, exhibiting a CAGR of 5.2% during the forecast period.COVID-19 Pandemic: Shutdown of Production Facilities to Decline GrowthThe emergence of the COVID-19 pandemic is set...

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Edge Cloud Services Provider Zenlayer Selects Juniper Networks to Power a Better-Connected World

BEIJING, Nov. 24, 2020 (GLOBE NEWSWIRE) — Juniper Networks (NYSE: JNPR), a leader in secure, AI-driven networks, today announced that Zenlayer has selected Juniper Networks for datacenter network upgrades to help drive its rapid growth as a global edge cloud services provider and to better deliver its vision of providing instantaneous worldwide connectivity and a superior digital user experience through its software-defined platforms.As a leading global edge cloud services provider, Zenlayer has experienced stellar growth to now offer its on-demand bare metal cloud, SD-WAN, cloud networking and managed services from a global footprint of over 180 nodes across six continents. From a longer-term growth perspective, Zenlayer has identified the enablement of the rapid rise of emerging markets as a key priority, having expanded and developed...

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Beam Global Announces Pricing of $7.5 Million Bought Deal Offering

SAN DIEGO, Nov. 23, 2020 (GLOBE NEWSWIRE) — Beam Global, (Nasdaq: BEEM, BEEMW) (“Beam” or “the Company”), a provider of innovative sustainable technology for electric vehicle (“EV”) charging, outdoor media and energy security, today announced that it has entered into an underwriting agreement with Maxim Group LLC under which the underwriter has agreed to purchase, on a firm commitment basis, 250,000 shares of common stock of the Company, at a price to the public of $30.00 per share, less underwriting discounts and commissions. The gross proceeds from the public offering will be approximately $7.5 million, before deducting underwriting discounts and commissions and estimated offering expenses.Maxim Group LLC is acting as the sole manager for the offering.The closing of the offering is expected to occur on or about November 27, 2020,...

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GOLD X Announces Results of Annual and Special Meeting of Shareholders

VANCOUVER, British Columbia, Nov. 23, 2020 (GLOBE NEWSWIRE) — Gold X Mining Corp. (TSX-V: GLDX, OTCQX: GLDXF) (“Gold X” or the “Company”) is pleased to announce the results of its annual and special meeting of shareholders held today, November 23, 2020. The Company elected seven directors to its board, namely Robert Friedland, Paul Matysek, Bassam Moubarak, Suresh Beharry, Lombardo Paredes-Arenas, Federico Restrepo-Solano, and Brian T. O’Neill.The shareholders approved all other matters as proposed, including the appointment of Deloitte, LLP, Chartered Accountants as auditors of the Company, the approval of the June 22, 2020 Option Grant to certain consultants, officers and employees of the Company and approval of the amendment to the Company’s stock option plan.On behalf of the Board of Directors of Gold X Mining Corp.“Paul Matysek”Director...

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Premier Diversified Holdings Inc. Update on Certain Loans, MyCare MedTech Inc. and Corporate Update

Not for dissemination in the United States of America.VANCOUVER, British Columbia, Nov. 23, 2020 (GLOBE NEWSWIRE) — Premier Diversified Holdings Inc. (“Premier” or the “Company“) (TSXV: PDH) announces that it has entered into certain loan agreements with MPIC Fund I, LP (“MPIC“) for secured loans in the aggregate principal amount of up to USD$610,000 (the “Loans“). The Loans mature on July 15, 2021, September 1, 2021, October 7, 2021, October 22, 2021 and November 22, 2021 and bear interest at a rate of 6% per annum. The Loans are secured with all of the present and after-acquired property of the Company and rank equally in priority with all of the loans previously made to the Company by MPIC.The Company is not issuing any securities, or paying any bonus, commission or finder’s...

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Emerita Amends $2.5 Million Private Placement Financing

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES.TORONTO, Nov. 23, 2020 (GLOBE NEWSWIRE) — Emerita Resources Corp. (“Emerita” or the “Company”) (TSXV: EMO), further to its press release dated November 23, 2020, has revised the terms of its previously announced private placement (the “Offering”) of units of the Company (the “Units”) by increasing the exercise price of the common share purchase warrant underlying the Units from $0.15 to $0.16. Please see the Company’s press release dated November 23, 2020 for greater details regarding the Offering. Mackie Research Capital Corporation is co-lead agent and sole bookrunner, along with Clarus Securities Inc. as co-lead agent, Industrial Alliance Financial Group is also part of the syndicate (collectively, the “Agents”) in connection with...

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Gold Bull Resources Corp. Closes Acquisition of Big Balds Gold Project in the Carlin Trend, Nevada

VANCOUVER, British Columbia, Nov. 23, 2020 (GLOBE NEWSWIRE) — Gold Bull Resources Corp. (TSX-V: GBRC) (“Gold Bull” or the “Company”) is pleased to announce it has closed its share exchange agreement with 1252265 B.C. Ltd., a private B.C. company (“Numberco”) and its shareholders, under which the Company has acquired all of the outstanding shares of Numberco and has thereby acquired 100% of the Big Balds Gold project (“Big Balds”) which is located less than 10km west of the Bald Mountain Mine. The Company has issued 10,000,000 shares to the shareholders of Numberco on a pro rata basis to their holdings in Numberco. Further information about Big Balds is included in the Company’s news releases of August 17, 2020 and September 10, 2020. The Company has also filed a NI 43-101 technical report on Big Balds entitled: “NI 43-101 Technical...

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Lumos Pharma to Participate in December Investor Conferences

AUSTIN, Texas, Nov. 23, 2020 (GLOBE NEWSWIRE) — Lumos Pharma, Inc. (NASDAQ:LUMO), a clinical-stage biopharmaceutical company focused on therapeutics for rare diseases, announced that the company will present and host one-on-one meetings at the following virtual investor conferences to be held in December:Please contact your Piper Sandler and Evercore ISI sales representatives to register for these investor conferences and to schedule a virtual one-on-one meeting with the Lumos Pharma management team.About Lumos PharmaLumos Pharma, Inc. is a clinical-stage biopharmaceutical company focused on the development and commercialization of therapeutics for rare diseases. Lumos Pharma was founded and is led by a management team with longstanding experience in rare disease drug development and received early funding by leading healthcare...

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Ferroglobe Reports Results for the Third Quarter of 2020

Sales of $262.7 million; Net loss of $(46.8) million; Adjusted EBITDA of $22.2 millionQ3 sales of $262.7 million compared to $250.0 million in Q2 2020, and $381.7 million in Q3 2019Adjusted EBITDA of $22.2 million compared to $22.4 million in Q2 2020 and $(7.2) million in Q3 2019Q3 net loss of $(46.8) million compared to $(14.0) million in Q2 2020, and $(140.1) million in Q3 2019. Q3 net loss includes a property, plant and equipment impairment charge of $34.3 millionGross debt of $442 million at the end of Q3 2020, compared to $451 million at the end of Q2 2020Positive operating cash flow of $23.0 million, partially offset by the senior unsecured notes coupon payment of $(16.4) million and partial ABL paydown of $(7.8) millionSuccessful refinancing of the prior accounts receivable securitization program on October 2, 2020 with the signing...

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CAPREIT Ranks in Top Quartile For 7th Consecutive Year in Kincentric Best Employers Program

TORONTO, Nov. 23, 2020 (GLOBE NEWSWIRE) — Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX: CAR.UN) announced today that, for the 7th consecutive year, CAPREIT has ranked in the ‘Above Canada Top Quartile Average’ in Kincentric’s 2020 Best Employers Program.CAPREIT has participated in the Best Employers Program since 2010, and the collected data drives key elements of its people strategy.For additional benchmarking opportunities and data, CAPREIT, in partnership with Kincentric, included new items this year related to COVID-19 and diversity and inclusion. Both dimensions were ranked among the highest on the survey, with 89% of employees rating CAPREIT’s stance on diversity and inclusion as favourable.“Being adaptive, understanding, and accepting has been at the core of our business for years. As...

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