Day: January 7, 2021

Philadelphia, PA, Jan. 07, 2021 (GLOBE NEWSWIRE) — via NewMediaWire — Pennexx Foods Inc. (PNNX) announces it is working toward renaming itself to Pennexx Technologies Inc. It is felt Pennexx Technologies Inc. is more befitting a technology company able to serve a multitude of industries.  Adding the word “Technology”, while eliminating the word “Food” represents our distinction, our identity and our passion as a technology industry.Pennexx Foods Inc. acquired https://YourSocialOffers.com(YSO), a rapidly growing social media marketing platform, and has successfully transformed itself into a technology company with ongoing revenue and unmatched technology. https://www.noobpreneur.com/2015/07/29/5-reasons-why-your-business-name-is-important-to-its-success/ states the five most important reasons for choosing a business name for...

SALT LAKE CITY, Jan. 07, 2021 (GLOBE NEWSWIRE) — Strengthening its commitment to make its entire line of award-winning professional audio, video, collaboration and AV Networking solutions available to the widest possible customer base, ClearOne (NASDAQ: CLRO), a global provider of audio and visual communications solutions, today announced the appointment of ADI Global Distribution to serve as a distribution partner in the United States.“The United States market for professional grade audio, video and collaboration solutions is growing and expanding at a dramatic rate,” ClearOne Chair and CEO Zee Hakimoglu said today.  “Professionals in all fields are adjusting to the permanent reality of a distributed/hybrid work and learning environment and they are demanding the tools that will put them in the best possible light when communicating...

BOCA RATON, Fla., Jan. 07, 2021 (GLOBE NEWSWIRE) — Jushi Holdings Inc. (“Jushi” or the “Company”) (CSE: JUSH) (OTCMKTS: JUSHF), a vertically integrated, multi-state cannabis operator, announces today the closing of its previously announced overnight marketed offering (the “Offering”) of an aggregate of 6,210,000 subordinate voting shares (the “Offered Securities”) at a price of C$6.50 per share for total gross proceeds of approximately C$40,365,000, which includes the full exercise of the over-allotment option granted to the underwriters.The Offered Securities were offered in each of the Provinces of Canada, other than Québec pursuant to a prospectus supplement to the Company’s base shelf prospectus dated October 9, 2020 (the “Prospectus”) and in the United States on a private placement basis to “qualified institutional buyers”...

VANCOUVER, British Columbia, Jan. 07, 2021 (GLOBE NEWSWIRE) — VanadiumCorp Resource Inc. (TSX-V: “VRB”) (OTCBB: “APAFF”) (FRANKFURT: “NWN”) (the “Company”) is pleased to announce that commercial development work has commenced for the first phase of key design and engineering of next-generation vanadium redox flow-battery systems (“VRFB Battery”) for marine propulsion applications.Phase I work will be managed by the Company’s wholly owned subsidiary in the European Union, VanadiumCorp GmbH, under the direction of VanadiumCorp’s Chief Technology Officer, Dr. G. Y. Champagne. A multidisciplinary engineering team, located in Germany, Netherlands, and North America is focusing on Vanadium Redox Flow Battery (VRFB) system architecture, components & parts design and other...

Press ReleaseNokia seals LTE/5G private wireless deal at Port of SeattleAgreement follows successful Nokia trial at Oakland International Container Terminal Private wireless network to augment Wi-Fi for enhanced redundancy and availability Advances era of cable-free port and intermodal terminal operations Ultra-reliability with seamless overlapping of LTE Bands B53 and B487 January 2021Espoo, Finland – Nokia today announced an agreement with Tideworks Technology, a wholly owned subsidiary of Carrix Inc., to deploy Nokia Digital Automation Cloud (DAC) at the Port of Seattle, Terminal 5.Introduction of Nokia’s digital automation service platform with high-performance, industrial-grade LTE/5G private wireless networking will deliver major increases in efficiency, worker safety and terminal handling performance by reducing the complexity...

TORONTO, Jan. 07, 2021 (GLOBE NEWSWIRE) — 79North Inc. (CSE: JQ; OTC: SVNTF; FRA: 6120) (“79North” or the “Company”) is pleased to announce results from the first 45 rock chip samples from the Witlage Gold Zone (summarized in Table 1), one of four key target areas identified on the Company’s large, 20,000-hectare Nassau Gold Project in Suriname. Reconnaissance geological work and sampling that commenced September 2020, was successful in delineating and improving our understanding of the gold-bearing quartz stockwork systems to define drilling targets. Very encouraging results were obtained from a 300-metre-long zone with rock chip samples containing up to 8.76 grams of gold per tonne (g/t Au). Additional shipments of rock chip samples from other targets on the property have been shipped and additional results are pending.Table 1....

VANCOUVER, British Columbia, Jan. 07, 2021 (GLOBE NEWSWIRE) — Regulus Resources Inc. (“Regulus” or the “Company”, REG TSX.V, OTCQX: RGLSF) is pleased to announce the results from the first two drill holes (AK-20-044 and AK-20-045) from the Anta Norte area of the AntaKori copper-gold project in northern Peru. The aim of the drill program at Anta Norte is to test various geophysical and geological targets and expand the existing footprint of mineralization of the AntaKori deposit. The first two holes in Anta Norte were completed on the Colquirrumi claims where the Company has the right to earn up to a 70% interest from Compañía Minera Colquirrumi S.A. (see May 18, 2016 press release) by drilling 7,500 m. To date, including the two holes reported in this release, 3,669.7 m have been completed on this ground....

ATLANTA, Jan. 07, 2021 (GLOBE NEWSWIRE) — Acuity Brands, Inc. (NYSE: AYI) (“Company”) today announced results for the first quarter ended November 30, 2020. First quarter net sales were $792 million, a decrease of 5.1% compared with the prior-year period. Operating profit margin of 10.8% increased 80 basis points and adjusted operating profit margin of 13.2% decreased 110 basis points compared with the prior-year period. Net income was $60 million, an increase of 4.6% compared with the prior-year period. Diluted earnings per share (EPS) of $1.57 increased by 9.0% and adjusted diluted EPS of $2.03 decreased by 4.7% compared with the prior-year period. Net cash provided by operating activities totaled $124 million for the first quarter of fiscal 2021 compared with $130 million in the prior year.   Neil Ashe, Chief Executive Officer...

HERZLIYA, Israel, Jan. 07, 2021 (GLOBE NEWSWIRE) — PainReform Ltd. (Nasdaq: PRFX) (“PainReform” or the “Company”), a clinical stage specialty pharmaceutical company focused on the reformulation of established therapeutics, today announced that it will be presenting at the H.C. Wainwright BioConnect 2021 Conference, being held virtually between January 11-14, 2021.A webcast of PainReform’s presentation will be available on-demand as of 6:00 a.m. ET, Monday, January 11, 2021 and will be accessible for 90 days. The webcast can be accessed here and the investor relations section of PainReform’s website at www.painreform.com/investors-information/.About PainReformPainReform is a clinical stage specialty pharmaceutical company focused on the reformulation of established therapeutics. PRF-110, the Company’s lead product, is...

HOUSTON, Jan. 07, 2021 (GLOBE NEWSWIRE) — C-Bond Systems (the “Company” or “C-Bond”) (OTC: CBNT), a nanotechnology solutions company, today provided 2021 annual revenue guidance of $2.1 million.This is the first time in the Company’s history that it is providing annual revenue guidance, which follows the Company’s preannouncement of record sequential revenue growth from the third quarter to the fourth quarter of 2020, and record 2020 revenue.“The growth plans that we put into place in 2020 are beginning to bear fruit as evidenced by our record financial performance in the second half of 2020 combined with our outlook for 2021. We have always known we have great technologies, and now we are beginning to rapidly monetize them,” said Scott R. Silverman, Chairman and CEO of C-Bond. “With continued execution in both segments of our business,...