Year: 2020

VANCOUVER, British Columbia, Dec. 24, 2020 (GLOBE NEWSWIRE) — Nevada Exploration Inc. (“NGE” or the “Company”) (TSX-V:NGE; OTCQB:NVDEF) is pleased to announce that it has closed its previously announced non-brokered private placement offering (the “Offering”), pursuant to which it has issued 26,448,000 units (the “Units”) at a price of $0.125 per Unit, for gross proceeds of $3,306,000 – an increase of approximately 8.9 million Units from the 17.5 million Units contemplated in the news release dated November 30, 2020.Commenting on the Offering and the Company’s next-stage plans at its flagship South Grass Valley Carlin-type gold project, NGE’s CEO, Wade Hodges: “We sincerely thank our stakeholders for their support. With this financing complete, our goal is to restart drilling as soon as possible.“As we laid out in our last...

KELOWNA, British Columbia, Dec. 24, 2020 (GLOBE NEWSWIRE) — Allied Corp. (“Allied”) (OTCQB: ALID) – an international medical cannabis company focused on creating and providing health solutions to address today’s medical mental health issues is pleased to announce the signing of a letter of intent to acquire the psilocybin company Pacific Sun Fungi (“Pacific Sun”). This further expands upon Allied’s press release of October 20, 2020 communicating the submission of the provisional patent for Allied’s functional mushroom formulation targeting major depression and anxiety.Pacific Sun is a British Columbia corporation that has been working on Research and Development activities in the psilocybin space for the past 10 years. Pacific Sun holds several formulations that have been tested under physician supervision. Pacific Sun...

Icelandair has entered into an agreement with Sky Aero Management (SKY Leasing) regarding a sale and leaseback of two Boeing 737 MAX9 aircraft. The aircraft are expected for delivery in Q2 2021. The lease period for each aircraft will be 12 years. As previously announced, Icelandair had already agreed on a sale and leaseback financing with BOC Aviation on one Boeing 737 MAX8 aircraft which is expected for delivery in Q2 2021 along with a backstop financing regarding the two aircraft which will not be exercised. However, the backstop financing remains in place for the three Boeing 737 MAX aircraft expected for delivery in Q4 2021 and Q1 2022.Contact informationInvestors: Iris Hulda Thorisdottir, Director Investor Relations. E-mail: iris@icelandairgroup.is Media: Asdis Petursdottir, Director Communications. E-mail: asdis@icelandair.is

ALMONTE, Ontario, Dec. 24, 2020 (GLOBE NEWSWIRE) — 3 Sixty Risk Solutions Ltd. (“3 Sixty” or the “Company”) (CSE: SAFE) (OTCQB: SAYFF) (FSE: 62P2) is pleased to provide an update regarding its business and operations to company stakeholders.CorrectionFor purposes of clarity, accuracy, and fairness, 3 Sixty Secure (the “Company”) would like to unequivocally state that all relevant financial records were provided to the Company by David Hyde, formerly of David Hyde and Associates. Since my arrival on the Board of Directors and much more recently after assuming the interim CEO position with the firm, Mr. Hyde and his team have been nothing short of exceptional. They have been unrelenting in their assistance to our team and to the auditors. When the financials are completed, which the firm requires to apply to have the Cease Trade Order...

KELOWNA, British Columbia, Dec. 24, 2020 (GLOBE NEWSWIRE) — Allied Corp. (“Allied”) (OTCQB: ALID) – an international medical cannabis company focused on creating and providing health solutions to address today’s medical mental health issues is pleased to announce the signing of a letter of intent to acquire the psilocybin company Pacific Sun Fungi (“Pacific Sun”). This further expands upon Allied’s press release of October 20, 2020 communicating the submission of the provisional patent for Allied’s functional mushroom formulation targeting major depression and anxiety.Pacific Sun is a British Columbia corporation that has been working on Research and Development activities in the psilocybin space for the past 10 years. Pacific Sun holds several formulations that have been tested under physician supervision. Pacific Sun...

TORONTO, Dec. 24, 2020 (GLOBE NEWSWIRE) — Doré Copper Mining Corp. (the “Corporation” or “Doré Copper“) (TSXV: DCMC, OTCQB: DRCMF) is pleased to announce that it has closed an initial tranche of its previously announced non-brokered private placement (the “Offering“), pursuant to which the Corporation sold an aggregate of 5,800,378 common shares in the capital of the Corporation (“Offered Shares“) at a price of C$0.68 per Offered Share for aggregate gross proceeds of C$3,944,257.04. A second tranche of the Offering is expected to close in January.Cormark Securities Inc., Paradigm Capital Inc., Haywood Securities Inc. and Red Cloud Securities Inc. acted as finders (each, a “Finder“) in connection with the initial tranche of the Offering. In consideration for acting as a...

TORONTO, 24 déc. 2020 (GLOBE NEWSWIRE) — Doré Copper Mining Corp. (la « Société » ou « Doré Copper ») (TSXV: DCMC, OTCQB: DRCMF) est heureuse d’annoncer qu’elle a procédé à la clôture d’une première tranche de son placement privé sans l’entremise d’un courtier annoncé précédemment (le « Placement »), dans le cadre duquel la Société a vendu un total de 5 800 378 actions ordinaires du capital de la Société (les « Actions offertes ») à un prix de 0,68 $CA par Action offerte, pour un produit brut total de 3 944 257,04 $CA. Une deuxième tranche du Placement devrait être clôturée en janvier.Cormark Securities Inc., Paradigm Capital Inc., Haywood Securities Inc. et Red Cloud Securities Inc. ont agi à titre d’intermédiaires (chacun, un « Intermédiaire ») dans le cadre de la première tranche du Placement....

SANTA CLARA, Calif., Dec. 24, 2020 (GLOBE NEWSWIRE) — Borqs Technologies, Inc. (Nasdaq: BRQS, the “Company”), a global provider of embedded software and products for the Internet of Things (IoT), today reported that the Company has entered into Agreements dated December 14, 2020 with its senior lender and LMFA Financing LLC (“LMFA”), a Florida limited liability company and wholly owned subsidiary of LM Funding America, Inc. (Nasdaq: LMFA), in which LMFA is committed to purchase up to be approximately $18 million of debt in tranches, which when completed will eliminate substantially all of the debt with the Company’s senior lender. LMFA will convert the purchased debt into common shares of the Company, pursuant to a court order that allows the conversion shares to be issued as unrestricted securities in a transaction that is exempt...

TORONTO, Dec. 24, 2020 (GLOBE NEWSWIRE) — Flow Capital Corp. (TSXV: FW) (“Flow Capital” or the “Company”) is announcing that Wedge Networks, Inc. (“Wedge”) has completed a buyout of Flow Capital’s royalty investment for $1,250,000.“The team at Wedge has developed a compelling solution to address cyber security threats. With the increased dependence on telecommuting, due to the ongoing pandemic, and a global digital cold war, safeguards against such threats have become even more critical. Flow Capital is glad to have participated in their growth, and we wish them well,” said Alex Baluta, CEO, Flow Capital.“Partnering with Flow has been very important to Wedge. Alex and his team at Flow demonstrated an ability to understand the capabilities of our innovations and to visualize the potential of our solutions. The past twelve months...

Holmdel, New Jersey., Dec. 24, 2020 (GLOBE NEWSWIRE) — Monmouth Real Estate Investment Corporation (NYSE:MNR) today announced the acquisition of a new 657,518 square foot industrial building located at 3150 Highway 42 in Locust Grove, GA. at a purchase price of $96.7 million. The property is net-leased for 20 years to Home Depot U.S.A., Inc. The building is situated on approximately 130 acres and has a land-to-building ratio of nearly nine times, providing ample opportunity for future development to drive accretive growth.Michael P. Landy, President and CEO, commented, “We are very pleased to announce this high-quality acquisition. A common misconception is that all industrial real estate provides a linkage to the digital economy, but in fact, a new type of industrial real estate has been designed specifically to serve the computer-driven...