Year: 2020

VANCOUVER, British Columbia, Nov. 17, 2020 (GLOBE NEWSWIRE) — Tanzanian Gold Corp. (TSX: TNX); (NYSE American: TRX) (“Tanzanian Gold” or the “Company”) is pleased to provide an update on the 5tph (tons per hour) test plant. As previously reported the plant reached commercial production of gold on June 17, 2020. Since then the plant has operated continuously 7 days a week with two 12-hour shifts per day and has produced a total of 427.9 oz of gold. Here are some of the key performance metrics in the period June 30, 2020 to October 30,2020:250,810 tons of waste and topsoil removed and stockpiled21,900 tons of ore mined10,040 tons ore crushed – wet9,078 tons ore milled – dry137 total days operatedplant availability has ranged from 73.1% to 94.6 %the average recovery has been quiet steady at 82%The 5tph oxide test plant...

Rhotex has officially launched 3 miner cases configured with an in-built factory cooling system to ensure 100% efficiency as the chips generate heat. From Rhotex, this first of its kind innovation designed by seasoned crypto industry experts provides an environmentally responsible solution to today’s challenges with the traditional miners by consuming lesser power supply compared to the output performance. Rhotex currently offers a range of products in their new offer: RHO Lite, RHO Pro, and RHO Rack which comes with incredible features such as low power consumption, high-performance output, Wi-Fi/ Ethernet connection, easy setup and productive compatibility with various blockchain options. These combined with its inbuilt cooling system increases expected hash rate conversion hence giving it an edge in the industry. All products in the...

CALGARY, Alberta, Nov. 16, 2020 (GLOBE NEWSWIRE) — NXT Energy Solutions Inc. (“NXT” or the “Company”) (TSX:SFD; OTC QB:NSFDF) today announced the Company’s financial and operating results for the quarter ended September 30, 2020. All dollar amounts herein are in Canadian Dollars.Q3 Financial and Operating HighlightsKey financial and operational highlights for the third quarter include:Repayment was received from Alberta Green Ventures Limited Partnership (“AGV”) in respect of the previously disclosed loan arrangement whereby NXT loaned AGV US$250,000 for the purpose of furthering shared objectives under the Co-operation Agreement (the “Loan Arrangement”);Cash and short-term investments at September 30, 2020 were $4.06 million;Survey revenues in Q3-20 were nil and 2020 YTD were $0.137 million;A...

ARLINGTON, Texas, Nov. 16, 2020 (GLOBE NEWSWIRE) — Greenway Technologies, Inc. (OTCQB: GWTI), (the “Company”), an advanced gas-to-liquids (“GTL”) technology development company, today responds to the November 4, 2020 Texas Railroad Commission (RRC) announcement aimed at further reducing flaring from oil and gas sites across the state.The agency’s commissioners announced approval of revamped exceptions associated with Statewide Rule 32 which states that “all gas from any oil well, gas well, gas gathering system, gas plant or other gas handling equipment shall be utilized for purposes and uses authorized by law.”RRC commissioners approved a revamped Form R-32 used for exceptions to Rule 32. Among the changes are a reduction in the period of time for a flaring exception, and incentives for operators that deploy technologies to reduce...

VANCOUVER, British Columbia, Nov. 16, 2020 (GLOBE NEWSWIRE) — Monument Mining Limited (TSX-V: MMY and FSE: D7Q1) “Monument” or the “Company” today announced its first quarter production and financial results for the three months ended September 30, 2020. All amounts are expressed in United States dollars (“US$”) unless otherwise indicated (refer to www.sedar.com for full financial results).President and CEO Cathy Zhai commented: “Fiscal 2021 started with new challenging as a global COVID-19 pandemic carried forward from fiscal 2020. The Company has fully resumed its production in the first quarter from eight-week’s mining ban at Selinsing in the first quarter, the Selinsing Sulphide gold plant upgrade is however still pending for financing.“On the other hand, gold price surged to record high and the gold mining sector was very active...

Core Revenue Expands 36% to $32.3 million Compared to Q3 2019Sales of Greenlane Brands Grew Approximately 65% to $5.6 million Compared to Q3 2019Implements Further G&A Expense Reductions to Achieve Annualized Savings of Approximately $5.0 millionStrong Balance Sheet Includes $40.0 million in Cash to Support Expansion InitiativesBOCA RATON, Fla., Nov. 16, 2020 (GLOBE NEWSWIRE) — Greenlane Holdings, Inc. (“Greenlane” or “the Company”) (Nasdaq: GNLN), one of the largest global sellers of premium cannabis accessories and specialty vaporization products, today reported financial results for the third quarter ended September 30, 2020.Third Quarter 2020 HighlightsNet sales of the Company’s Greenlane Brands grew approximately 65% to $5.6 million in Q3 2020 compared to $3.4 million in Q3 2019;Core revenue (defined as non-nicotine...

THE WOODLANDS, Texas, Nov. 16, 2020 (GLOBE NEWSWIRE) — Lexicon Pharmaceuticals, Inc. (Nasdaq: LXRX), today announced that both the SOLOIST and SCORED Phase 3 studies achieved their primary endpoints by demonstrating statistically significant reductions in total cardiovascular deaths, hospitalizations for heart failure and urgent heart failure visits in patients treated with sotagliflozin as compared with placebo.In the SOLOIST study, the primary endpoint was achieved with a hazard ratio (HR) of 0.67 (p

SHANGHAI, China, Nov. 17, 2020 (GLOBE NEWSWIRE) — Pinduoduo Inc. (“Pinduoduo” or the “Company”) (NASDAQ: PDD), an innovative and fast-growing technology platform and one of the leading Chinese e-commerce players, is raising funds to invest in agricultural logistics infrastructure and responsive manufacturing as consumer behavioral changes accelerate the online migration of retail.The Nasdaq-listed interactive mobile commerce giant offered to raise the funds through an issue of shares and convertible notes, it said in a release on Nov. 17, 2020. The company expects to use the proceeds to strengthen its balance sheet and pursue growth by making strategic investments in infrastructure, expanding business operations, making future acquisitions and entering partnerships.The company last week reported its first quarterly profit since...

TORONTO and MONTREAL, Nov. 16, 2020 (GLOBE NEWSWIRE) — Nexus Real Estate Investment Trust (the “REIT”) (TSXV: NXR.UN) announced today its results for the quarter ended September 30, 2020.HighlightsThe Toronto Stock Exchange has conditionally approved the listing of Nexus REIT’s units subject to the REIT fulfilling all of the requirements of the Exchange on or before January 26, 2021, including distribution of the REIT’s securities to a minimum number of public unitholders.The REIT intends to complete a 4 to 1 consolidation of outstanding units concurrent with graduation to the TSX.Completed the $13,750,000 acquisition of a single-tenant industrial property located in Balzac, AB, on October 1, 2020 at an attractive 6.8% capitalization rate.The REIT has contracted to acquire a 50% interest in an Ajax, ON, industrial property...

MONTRÉAL et TORONTO, 16 nov. 2020 (GLOBE NEWSWIRE) — Le Fonds de Placement Immobilier Nexus (le « FPI Nexus » ou le « FPI ») (TSXV : NXR.UN) a annoncé aujourd’hui ses résultats pour le troisième trimestre terminé le 30 septembre 2020.Faits saillantsLa Bourse de Toronto a approuvé sous condition l’inscription des parts du FPI Nexus, sous réserve que le FPI remplisse toutes les exigences de la Bourse au plus tard le 26 janvier 2021, y compris la distribution des titres du FPI à un nombre minimum de porteurs de parts publics.Le FPI a l’intention de compléter un regroupement des parts en circulation de 4 parts pour 1 part, en même temps que la migration vers la TSX.Clôture de l’acquisition de 13 750 000 $ le 1er octobre 2020 d’une propriété industrielle à locataire unique située à Balzac (Alberta), à un taux de capitalisation attrayant...