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Month: January 2021

IMAC Holdings Celebrates One-Year Anniversary of Health Maintenance Plans Surpassing 1,000 Members and Demonstrating Increased Demand for Spinal Wellness Among Its IMAC Regeneration Center Customers

BRENTWOOD, Tenn., Jan. 21, 2021 (GLOBE NEWSWIRE) — IMAC Holdings, Inc. (Nasdaq: IMAC) (“IMAC” or the “Company”), a provider of innovative medical advancements and care specializing in regenerative rehabilitation orthopedic treatments without the use of surgery or opioids, today announces it has exceeded 1,000 membership enrollments of its health maintenance plans shortly following the one-year anniversary of their introduction on January 3, 2020. The three tiers of health maintenance feature benefits including chiropractic adjustments, spinal decompression visits, and medical evaluations, depending upon the three levels of programs the Company offers.“During 2020, Americans became even more acutely aware of maintaining their health, including their spinal wellness, especially given the health challenges associated with an increased...

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Music.ly, TikTok, Triller and MoviePass Innovators Unite to Create Digital Media Disruption

Vinco Ventures, Inc. Executes Agreement to Complete a Plan of Merger with ZASHBethlehem, PA, Jan. 21, 2021 (GLOBE NEWSWIRE) — Vinco Ventures, Inc. (NASDAQ: BBIG) and ZASH Global Media and Entertainment Corporation (“ZASH”), a U.S. based entertainment, content and distribution company, today announced the signing of an Agreement to Complete a Plan of Merger subject to certain conditions, creating exciting acceleration and growth in live-streaming content, video-sharing, distribution and production within its own ecosystem.ZASH, led by media disruptor and financier Ted Farnsworth, Music.ly TikTok and Triller innovator, User Generated Content (UGC) expert Jaeson Ma, and social monetization expert Vincent Butta, brings together three of the most successful and disruptive leaders in the entertainment industry today. At the forefront...

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Scottie Resources Reports 12.4 g/t Gold and 8.7 g/t Silver Over 2.69 Metres at the Newly Discovered Domino Zone

VANCOUVER, British Columbia, Jan. 21, 2021 (GLOBE NEWSWIRE) — Scottie Resources Corp. (“Scottie” or the “Company”) (TSXV: SCOT) is pleased to report assay results for the first ever drill program at the Domino Zone, including a high-grade intercept of 12.4 g/t gold and 8.7 g/t silver over 2.69 metres in which the hole ended in mineralization at a depth of 121.5 metres. Drilling also revealed near surface mineralization grading 19.9 g/t gold and 71.6 g/t silver over 0.94 metres hosted in a wider zone of moderate mineralization grading 2.48 g/t gold and 8.63 g/t silver over 15.46 metres. The Domino Zone was discovered in 2019, when high-grade surficial samples (up to 536 g/t gold) were collected in an area of recent glacial retreat. The zone is located on strike, 2 kilometres west of the known high-grade deposit of the past-producing...

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Murphy USA Inc. Announces Private Offering of Senior Notes

EL DORADO, Ark., Jan. 21, 2021 (GLOBE NEWSWIRE) — Murphy USA Inc. (“Murphy USA”) (NYSE: MUSA) announced today the planned private offering of $500 million aggregate principal amount of senior notes due 2031 (the “Notes”) by its wholly owned subsidiary, Murphy Oil USA, Inc., subject to market and other conditions. The Notes will be guaranteed on a senior unsecured basis by Murphy USA and by certain of Murphy USA’s domestic subsidiaries.Murphy USA intends to use the net proceeds from the offering to finance, in part, its acquisition of Quick Chek Corporation (“QuickChek”) and to repay outstanding debt under its existing senior credit agreement. If the QuickChek acquisition is not consummated, Murphy USA will use the proceeds from this offering for general corporate purposes, which may include funding future acquisitions.The Notes...

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Helios Fairfax Partners Announces Portfolio Insurance Arrangement With Fairfax Financial Holdings Limited

Not for distribution to U.S. news wire services or dissemination in the United States.TORONTO, Jan. 21, 2021 (GLOBE NEWSWIRE) — Helios Fairfax Partners Corporation (TSX: HFPC.U) (“HFP”) announces that it has agreed to enter into a portfolio insurance arrangement with Fairfax Financial Holdings Corporation (“Fairfax”) pursuant to the terms of a binding term sheet. The portfolio insurance arrangement will provide HFP with stability regarding any price fluctuations regarding the Reference Investments (as defined below) and with $100 million of investment proceeds which can be used by HFP for additional investments in Africa.Under the terms of the transaction, Fairfax will subscribe for 3.0% unsecured debentures of HFP (the “Debentures”) on a private placement basis for an aggregate subscription price of US$100 million (the “Principal...

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Eldorado Gold and QMX Announce Friendly Acquisition of QMX by Eldorado

VANCOUVER, British Columbia, Jan. 21, 2021 (GLOBE NEWSWIRE) — ELDORADO GOLD CORPORATION (TSX: ELD; NYSE: EGO) (“Eldorado”) and QMX GOLD CORPORATION (TSX-V: QMX) (“QMX”) are pleased to announce that they have entered into a definitive arrangement agreement (the “Agreement”) pursuant to which Eldorado will acquire all of the outstanding shares of QMX (not already owned by Eldorado) for total consideration of approximately C$132 million on a 100% and fully diluted basis or C$0.30 per QMX share (the “Arrangement”).   Eldorado currently owns 68,125,000 shares of QMX, or approximately 17% of QMX shares outstanding, which it purchased at C$0.06 per share in a private placement on December 30, 2019.Transaction TermsUnder the terms of the Arrangement, each holder of QMX shares will receive, for each QMX share held, (i) C$0.075 in cash and...

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Eldorado and QMX Announce Friendly Acquisition of QMX by Eldorado

VANCOUVER, British Columbia, Jan. 21, 2021 (GLOBE NEWSWIRE) — ELDORADO GOLD CORPORATION (TSX: ELD; NYSE: EGO) (“Eldorado”) and QMX GOLD CORPORATION (TSX-V: QMX) (“QMX”) are pleased to announce that they have entered into a definitive arrangement agreement (the “Agreement”) pursuant to which Eldorado will acquire all of the outstanding shares of QMX (not already owned by Eldorado) for total consideration of approximately C$132 million on a 100% and fully diluted basis or C$0.30 per QMX share (the “Arrangement”).   Eldorado currently owns 68,125,000 shares of QMX, or approximately 17% of QMX shares outstanding, which it purchased at C$0.06 per share in a private placement on December 30, 2019.Transaction TermsUnder the terms of the Arrangement, each holder of QMX shares will receive, for each QMX share held, (i) C$0.075 in cash and...

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FuelCell Energy Reports Fourth Quarter and Fiscal Year 2020 Financial Results

Fiscal Fourth Quarter 2020 Financial Highlights(All comparisons year-over-year unless otherwise noted)Revenues of $17.0 million compared to $11.0 million, a 54% increaseLoss from operations of $(17.1) million compared to $(33.0) millionNet loss of $(18.9) million compared to $(35.2) millionAdjusted EBITDA of $(8.6) million compared to $(11.0) millionFiscal Year 2020 Financial Highlights(All comparisons year-over-year unless otherwise noted)Revenues of $70.9 million compared to $60.8 million, a 17% increaseLoss from operations of $(39.2) million compared to $(66.9) millionNet loss of $(89.1) million compared to $(77.6) millionAdjusted EBITDA of $(17.7) million compared to $(31.4) millionBacklog of $1.29 billion, a decrease of 2.5%DANBURY, Conn., Jan. 21, 2021 (GLOBE NEWSWIRE) — FuelCell Energy, Inc. (Nasdaq: FCEL) — a global...

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Industrial Cyber Security (ICS) Market to Reach USD 29.41 Billion by 2027; Increasing Deployment of Robots in the Automotive Industry, states Fortune Business Insights™

Pune, Jan. 21, 2021 (GLOBE NEWSWIRE) — The global industrial cybersecurity market size is excepted reach to reach USD 29.41 billion by 2027, exhibiting a CAGR of 8.2% during the forecast period. The integration of cybersecurity solutions and advanced cloud services by various industries will spur opportunities for the global market during the forecast period, states Fortune Business Insights, in a report, titled “Industrial Cyber Security (ICS) Market Size, Share & COVID-19 Impact Analysis, By Component (Product, Software and Services), By Security Type (Network Security, Cloud Application Security, End-point Security, Internet Security, and Others), By Industry (Process Industry and Discrete Industry) and Regional Forecasts, 2020-2027.” The market size stood at USD 15.84 billion in 2019.Click here to get the short-term and...

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INTRUSION Inc. Makes Moves to Strengthen Sales Team

PLANO, Texas., Jan. 21, 2021 (GLOBE NEWSWIRE) — INTRUSION Inc. (NASDAQ: INTZ), a leading provider of entity identification, high speed data mining, cybercrime and advanced persistent threat detection services, is expanding its sales and engineering teams to support the company’s continued growth.Joe Head, one of INTRUSION’s co-founders, has been named Senior Vice President of Sales Engineering. In this role, he will lead a team of engineers who will support the sales team’s efforts to help demonstrate the technology and value of INTRUSION’s newest cybersecurity solution, Shield™ to potential customers.“Because of Joe’s 30+ years of technical expertise, along with his experience partnering with government entities to support their cybersecurity strategies, he is the right person to lead a team of systems engineers to further develop...

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