Month: January 2021

Hanstone Gold Announces Appointment of Mr. Dong Shim as CFO, New Auditors, and Issuance of Stock Options and Bonus Shares

VANCOUVER, British Columbia, Jan. 29, 2021 (GLOBE NEWSWIRE) — Hanstone Gold Corp. (TSX.V: HANS) (“Hanstone” or the “Company”) is very pleased to announce the appointment of Dong H. Shim, CPA, CA, CPA(Illinois) and a partner in SHIM & Associates LLP (Hanstone’s auditors), as the new CFO for Hanstone effective February 1, 2021. Mr. Shim, as the lead member of Hanstone’s auditors, not only brings familiarity with the Company to the position, but with his extensive background in mining companies and experience as CFO for numerous other public companies, the appointment of Mr. Shim as CFO is considered a very progressive step leading into Hanstone’s second mining season. Due to this appointment, the resignation of Hanstone’s former auditor, SHIM & Associates LLP, was accepted by the Company effective February 1, 2021.In conjunction...

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Progress Update on MedMira’s COVID-19 Product Family

HALIFAX, Nova Scotia, Jan. 29, 2021 (GLOBE NEWSWIRE) — Today, MedMira Inc. (MedMira) (TSXV: MIR) announces the development of a rapid antibody test prototype that detects the presence of the neutralizing antibodies against the SARS-CoV-2 virus. These antibodies bind to the specific parts of the virus, decreasing the viral infectivity and potentially protecting the patient from the severe COVID-19 symptom presentation or future SARS-CoV-2 reinfection. Not all antibodies can block the virus from infecting the patient, and, according to the recent reports, the levels of neutralizing antibodies vary, so as the potency of the antibody protection. Once extensively validated, MedMira’s neutralizing antibody test can effectively pinpoint the antibodies with the blocking capability, thus, potentially, serving as a powerful tool for the qualitative...

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Corvus Gold Establishes ATM Facility To Be Used Over 12 Months at the Company’s Discretion Through the Nasdaq

VANCOUVER, British Columbia, Jan. 29, 2021 (GLOBE NEWSWIRE) — Corvus Gold Inc. (“Corvus” or the “Company”) – (TSX: KOR, NASDAQ: KOR) announces it has entered into an At The Market (ATM) Offering Agreement (the “ATM Agreement”) with H.C. Wainwright & Co., LLC (“Wainwright”) as sales manager. Pursuant to the ATM Agreement, the Company may offer and sell its common shares at its discretion only through the Nasdaq Capital Market (“NASDAQ”), having an aggregate gross sales value of up to US$12.6M in an at-the-market offering over a period up to 12 months from this announcement. The ATM Agreement will remain in full force and effect until the ATM Agreement is terminated in accordance with the terms therein.The common shares will be issued from treasury to the public at the prevailing market price at the time of sale when sold...

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Whitestone REIT Announces Tax Characteristics of 2020 Distributions

HOUSTON, Jan. 29, 2021 (GLOBE NEWSWIRE) — Whitestone REIT (NYSE: WSR) (“Whitestone” or the “Company”) released the federal income tax treatment of 2020 cash distributions to holders of common shares (CUSIP 966084204). The final classifications of the distributions for 2020, which will be reported on Form 1099-DIV, are as follows:(1) Represents dividends eligible for the 20% qualified business income deduction under Section 199A, and is included in “Ordinary Dividends.”Shareholders are encouraged to consult with their personal tax advisors as to their specific tax treatment of Whitestone REIT cash distributions. For additional information, contact Whitestone REIT’s Investor Relations Department.About Whitestone REITWhitestone is a community-centered shopping center REIT that acquires, owns, manages, develops and...

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Laura Bastias Appointed Independent Director

VANCOUVER, British Columbia, Jan. 29, 2021 (GLOBE NEWSWIRE) — Turmalina Metals Corp. (“Turmalina”, or the “Company”; TBX-TSXV, TBXXF-OTCQX) is pleased to announce that Laura Bastias will join the board of the company as an independent director.Ms Bastias is a highly respected San Juan-based lawyer with extensive experience in mining and corporate law.Dr. Rohan Wolfe, Chief Executive Officer, states:“Laura is a highly regarded lawyer with extensive experience in Argentine mining law and brings an impressive range of skills, capabilities and qualities to the board. Her knowledge of the local mining, permitting and corporate environment is remarkable, and her balanced perspective will serve her well as an independent director. I welcome Laura on to the Board and we look forward to working with her.”Laura is a lawyer with over 10 years’...

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Orbit International Corp. Announces Forgiveness of Its PPP Loan

HAUPPAUGE, N.Y., Jan. 29, 2021 (GLOBE NEWSWIRE) — Orbit International Corp. (OTC PINK:ORBT), an electronics manufacturer and software solution provider, today announced that its application for forgiveness of its $1,606,000 loan from People’s United Bank under the Paycheck Protection Program (“PPP”) under the Coronavirus Aid, Relief and Economic Security Act (“the CARES Act”), has been approved by the Small Business Administration.Mitchell Binder, President and CEO of Orbit International commented, “We are still dealing with the latest wave of the severe consequences of this pandemic. As previously mentioned, we made several changes throughout our organization to deal with the health and safety of our employees and productivity has suffered as a result.  In addition, bookings and revenue for certain areas of our business have also...

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Murphy USA Inc. Announces Closing of the Acquisition of Convenience Retailer QuickChek

EL DORADO, Ark., Jan. 29, 2021 (GLOBE NEWSWIRE) — Murphy USA Inc. (NYSE: MUSA) today announced that it has successfully completed its acquisition of Quick Chek Corporation (“QuickChek”).As a result of this transaction, Murphy USA significantly enhances its network, adding 157 high performing stores located in the Northeast and growing its total station count to more than 1,650.“We are extremely excited to welcome nearly five thousand QuickChek employees to the Murphy USA family as we begin our joint value-creation journey together,” says President and CEO Andrew Clyde. “The future remains bright for the combined organization as we kick off the first 100 days of our integration plan where best practices and unique capabilities across each company will contribute to a more compelling value proposition for our customers, our employees,...

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ValOre Announces $3.6 Million Private Placement

NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES.VANCOUVER, British Columbia, Jan. 29, 2021 (GLOBE NEWSWIRE) — ValOre Metals Corp. (“ValOre” or the “Company”) (TSX Venture Exchange: VO) today announced the intent to complete a non-brokered private placement (the “Offering”) of up to 12,000,000 units (the “Units”) at a price of CDN$0.30 per Unit for gross proceeds of up to CDN$3,600,000. Each Unit will consist of one common share in the capital of the Company (a “Share”) and one-half of one non-transferable common share purchase warrant (each whole common share purchase warrant, a “Warrant”). Each whole Warrant will be exercisable to acquire one Share at an exercise price of CDN$0.45 per Share for a period of 24 months from the date of issuance.Certain...

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Bolt Metals Announces Amendment to Term of Warrants

VANCOUVER, British Columbia, Jan. 29, 2021 (GLOBE NEWSWIRE) — Bolt Metals Corp. (“Bolt” or the “Company”) (CSE: BOLT) (FRANKFURT: A2QEUB) (OTCQB: PCRCF) announces that it has made application to the Canadian Securities Exchange (the “Exchange“), to extend the term of common share purchase warrants (the “Warrants“) that were issued under the Company’s private placement of units completed on February 6, 2020, that were set to expire on February 6, 2021. The Warrants had an exercise price of $0.16 per common share and there were 6,184,704 issued and outstanding prior to the 6.5 to 1 share consolidation the Company completed on September 24, 2020 (the “Consolidation”). Following completion of the Consolidation, 951,493 Warrants remain issued and outstanding with an exercise price of $1.04 per Warrant. Insiders...

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Smart Employee Benefits Inc. Announces Grant of Stock Options and RSUs

MISSISSAUGA, Ontario, Jan. 29, 2021 (GLOBE NEWSWIRE) — Smart Employee Benefits Inc. (“SEB” or the “Company”) (TSXV: SEB) announces that the Board of Directors of the Company has approved the following grants pursuant to the Company’s Omnibus Long-Term Incentive Plan (the “Plan”).The Company has granted stock options to various senior officers and employees exercisable into an aggregate of 4,067,500 common shares, of which 2,080,000 options were granted to senior officers. All of the stock options are exercisable at $0.15 per share with a 30 month term, with 20% of the options vesting immediately and 20% vesting every 6 months thereafter.The Company has also granted an aggregate of 2,526,980 restricted share units (“RSUs”) to various senior officers and employees in accordance with the Plan, of which 725,214 RSUs were granted to...

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