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Year: 2020

Urbanfund Corp. Announces Closing of the Acquisition of a 20% Interest in a 110 Unit Residential Portfolio Located in Dartmouth, Nova Scotia

TORONTO, Nov. 12, 2020 (GLOBE NEWSWIRE) — Mitchell Cohen, President and Chief Executive Officer of Urbanfund Corp. (TSX Venture: “UFC”) (“Urbanfund” or, the “Company”), announced today that the Company, along with Westdale Construction Limited (“Westdale”), has completed the previously-announced acquisition of the 110 unit The Manors Luxury Apartment portfolio located in Dartmouth, Nova Scotia. An incorporated subsidiary, West Mic Mac Properties Inc. (the “Purchaser”), will purchase the portfolio with the Company being a 20% shareholder and Westdale holding the remaining 80% interest.“Urbanfund is very excited to be part of this opportunity to purchase an interest in this 2-building luxury portfolio,” stated Mitchell Cohen. “This spectacular property on over 4 acres of treed-lands will be a worthy addition to our mixed-use asset...

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OSS Reports Q3 2020 Revenue up 12% to $13.0 Million Sequentially, Driving Net Income to $858,000 or $0.05 per Share

ESCONDIDO, Calif., Nov. 12, 2020 (GLOBE NEWSWIRE) — One Stop Systems, Inc. (Nasdaq: OSS), a leader in specialized high-performance edge computing, reported results for the third quarter and nine months ended September 30, 2020. All quarterly and first nine-month comparisons are to the same year-ago period unless otherwise noted.Q3 2020 Financial HighlightsRevenue totaled $13.0 million, up 12% sequentially from Q2 2020, and was lower by 13% versus the same year-ago quarter due to COVID-19-related issues.Gross profit margin improved to 37.8% from 28.6% in Q2 2020 and 33.7% in Q3 2019.Operating expenses decreased 15% from the year-ago quarter to $3.9 million.Net income was up 57% to $858,000 or $0.05 per share.Non-GAAP net income increased 38% to $1.2 million or $0.07 per share (see definition of this and other non-GAAP measures and...

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PyroGenesis Provides Update on its Iron Ore Pelletization Torch Business

MONTREAL, Nov. 12, 2020 (GLOBE NEWSWIRE) — PyroGenesis Canada Inc. (TSX-V: PYR; OTCQB: PYRNF; FRA: 8PY) (the “Company” or “PyroGenesis”), a high-tech company that designs, develops, manufactures and commercializes advanced plasma processes and products, is pleased to provide an update on the Company’s iron ore pelletization plasma torch business.Mr. P. Peter Pascali, CEO and Chair of PyroGenesis, provides this update in the following Q&A format. The questions, for the most part, are derived from inquiries received from investors, and analysts:Q1. For those who are new to the story, could you please provide us with some background on your high-powered (~ 1 MW range) plasma torch business and how it relates to the iron ore pelletization industry?A. Most certainly.For background, pelletization is the process in which iron ore...

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Yield10 Bioscience Announces Collaboration with Rothamsted Research to Develop Advanced Technology for Producing Omega-3 Nutritional Oils in Camelina

WOBURN, Mass. and HARPENDEN, U.K., Nov. 12, 2020 (GLOBE NEWSWIRE) — Yield10 Bioscience, Inc. (Nasdaq:YTEN), an agricultural bioscience company, today announced it has signed a collaboration agreement with UK-based Rothamsted Research to support Rothamsted’s Flagship Program to develop omega-3 oils in Camelina sativa. The technology developed by Rothamsted could enable the sustainable, plant-based production of omega-3 (DHA+EPA) nutritional oils that closely mimic the composition of southern hemisphere fish oil, an important ingredient in aquaculture feed. Omega-3 oils are also essential for human nutrition and have demonstrated benefits in heart health.Rothamsted Research is a world-leading nonprofit research center based in Harpenden, UK that focuses on strategic agricultural science to the benefit of farmers and society worldwide....

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BioSig to Host Business Update Conference Call on November 18, 2020

Westport, CT, Nov. 12, 2020 (GLOBE NEWSWIRE) — BioSig Technologies, Inc. (NASDAQ: BSGM) (“BioSig” or the “Company”), a medical technology company commercializing a proprietary biomedical signal processing platform designed to improve signal fidelity and uncover the full range of ECG and intra-cardiac signals, today announced that it would host a call on November 18, 2020, at 4:15 PM ET. Kenneth L. Londoner, Chairman, and CEO of BioSig Technologies, Inc. will review highlights from the Company’s third quarter of 2020 and discuss corporate initiatives, including ongoing PURE EP™ System installations and commercialization outlook.Conference Call DetailsDate: Wednesday, November 18, 2020Time: 4:15 PM Eastern Time (ET)Dial in Number: +1 877-407-8293 / 201-689-8349BioSig’s PURE EP™ System is currently...

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Eight Additional Corning Sites Achieve U.S. EPA Challenge for Industry Energy Goals

CORNING, NY, Nov. 12, 2020 (GLOBE NEWSWIRE) — Corning Incorporated (NYSE: GLW) announced on Thursday that eight more of its global manufacturing facilities have recently reduced energy intensity by an average of 13.2%, meeting or exceeding the goals set by the U.S. Environmental Protection Agency’s ENERGY STAR® Challenge for Industry. To meet the challenge, industrial sites must each increase energy efficiency by at least 10% in five years or less.“Thousands of industrial plants are improving their efficiency, cutting energy costs, and reducing energy-related carbon emissions by taking the ENERGY STAR Challenge for Industry,” said Jean Lupinacci, director of the EPA’s Climate Protection Partnerships division. “By challenging their plants, companies like Corning and others demonstrate their commitment to strong energy management. Through...

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Sprott Inc. Announces Dividend Increase of 8.7% and Declares Third Quarter 2020 Dividend

TORONTO, Nov. 12, 2020 (GLOBE NEWSWIRE) — Sprott Inc. (“Sprott” or the “Company”) (NYSE/TSX: SII) announced today that its Board of Directors has declared a third quarter 2020 dividend of US$0.25 per common share, an 8.7% increase over the previous quarter’s dividend, payable on December 8, 2020 to shareholders of record at the close of business on November 23, 2020.Registered shareholders who are residents of Canada as reflected in the Company’s shareholders register, as well as beneficial holders (i.e., shareholders who hold their common shares through a broker or other intermediary) whose intermediary is a participant in CDS Clearing and Depositary Services Inc. or its nominee, CDS & Co. (“CDS”), will receive their dividend in Canadian dollars, calculated based on the spot price exchange rate on December 8, 2020. Registered...

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Basanite Industries, LLC announces achieving full operational status, the completion of strategic new hires, and accelerated expansion plans in light of strong market demand

POMPANO BEACH, Fla., Nov. 12, 2020 (GLOBE NEWSWIRE) — Basanite Industries, LLC, a wholly owned subsidiary of Basanite, Inc. (OTCQB: BASA) (collectively, hereafter referred to as “Basanite” or the “Company”), today announced that has reached full operational status. Further, in response to strong market demand, the Company plans to accelerate its growth plans, starting with a major expansion of its Pompano Beach manufacturing facility in 2021.In the middle of August of 2020, Basanite began scaling manufacturing operations and commenced the manufacture of its initial stock of inventory of BasaFlex™, its proprietary basalt fiber reinforced polymer reinforcing bar (or rebar). Also during this timeframe, the Company filled key positions within its production facility and reached its primary goal of full capacity single shift operations....

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Radisson Announces Closing of Oversubscribed $13 Million Private Placement

Not for distribution to United States newswire services or for dissemination in the United StatesROUYN-NORANDA, Quebec, Nov. 12, 2020 (GLOBE NEWSWIRE) — Radisson Mining Resources Inc. (TSX-V: RDS, OTC: RMRDF) (“Radisson” or the “Corporation“) is pleased to announce that it has closed its previously announced private placement, including the exercise in full of the agents’ over-allotment option, for aggregate gross proceeds of $13,172,034 (the “Offering”). The Offering was conducted pursuant to the terms and conditions of an agency agreement entered into between the Corporation and a syndicate of agents led by Eight Capital, BMO Capital Markets and INFOR Financial Inc. as co-lead agents (collectively, the “Co-Lead Agents”) and Clarus Securities Inc., Laurentian Bank Securities Inc. and Canaccord Genuity Corp. (together with...

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Radisson annonce la clôture d’un placement privé sursouscrit de $13 millions $

Le présent communiqué ne doit pas être distribué aux agences de diffusion de communiqués de presse des États-Unis ni diffusé aux États-UnisROUYN-NORANDA, Québec, 12 nov. 2020 (GLOBE NEWSWIRE) — Ressources minières Radisson Inc. (TSX-V : RDS, OTC : RMRDF) (« Radisson » ou la « Société ») est heureuse d’annoncer la clôture du placement privé préalablement annoncé, incluant l’exercice complet de l’option de surallocation accordée aux courtiers, pour un produit brut total de 13 172 034 $ (le « Placement »). Le Placement a été effectué conformément aux termes et modalités de la convention de placement pour compte intervenue entre la Société et un consortium de courtiers pour lequel Eight Capital, BMO Marché des capitaux et INFOR Financial Inc. ont agit à titre de co-chefs de fil et comprenant Clarus Securities Inc. et Valeurs Mobilières...

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