Day: February 9, 2021
TORONTO, Feb. 09, 2021 (GLOBE NEWSWIRE) — Unisync Corp. (TSX: “UNI”) (“Unisync“) operates through two business units: Unisync Group Limited (“UGL”) and 90% owned Peerless Garments LP (“Peerless”) which has been manufacturing operational uniforms and accessories to Canada’s Armed Forces for over 50 years.In addition to the $7.4 million in contract awards announced in the Fall of last year, we are pleased to announce the award of a four year contract to Peerless covering the supply of up to $3.1 million in operational clothing liners to the RCMP. The contract is for firm quantities totalling $1.5 million and an additional $1.6 million exercisable at the option of the RCMP over the remaining three years. We are also pleased to advise that the Department of National Defense (“DND”) has exercised another $1 million...
Emergia Inc. Announces Appointment of Henri Petit as Chairman
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MONTREAL, Feb. 09, 2021 (GLOBE NEWSWIRE) — (CSE: EMER) Emergia Inc. (the “Corporation” or “EMERGIA”) wishes to announce that M. Yves Séguin has to step down from his current position as director and chairman of the Board, due to professional reasons. The Board of Directors of the Corporation has appointed Henri Petit, who had been serving as Chief Executive Officer since the end of 2018, as the chairman of the Board.“On behalf of the Board of Directors, I would like to thank Yves Séguin for his contribution as director and chairman of the Board. We wish him all the best in his new functions.” mentioned Henri Petit, President and Chief Executive Officer of EMERGIA.ABOUT EMERGIA INC.EMERGIA operates mainly in Canada in the development, acquisition and management of multi-purpose real estate, including retail, multi-residential, industrial,...
Émergia Inc. annonce la nomination d’Henri Petit à titre de président du conseil d’administration
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MONTRÉAL, 09 févr. 2021 (GLOBE NEWSWIRE) — (CSE: EMER) Émergia Inc. (la « Société » ou « ÉMERGIA ») annonce que M. Yves Séguin a dû démissionner de son poste actuel d’administrateur et président du conseil et ce, pour des raisons professionnelles. Le conseil d’administration a nommé Henri Petit, président et chef de la direction de la Société depuis la fin de 2018, à titre de président du conseil d’administration.« Au nom du conseil, je tiens à remercier Yves Séguin pour sa contribution à titre d’administrateur et président du conseil d’administration. Nous lui souhaitons du succès dans ses nouvelles fonctions. » a déclaré Henri Petit, président et chef de la direction d’ÉMERGIA.À PROPOS D’ÉMERGIA INC.Émergia opère au Canada dans le développement, l’acquisition et la gestion d’immeubles multi-locatifs de type commercial, industriel,...
Palayan Resources Announces Commencement of Drill Program
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Lady Lake, FL, Feb. 09, 2021 (GLOBE NEWSWIRE) — via NewMediaWire — Palayan Resources, Inc. (the “Company” or “PLYN”) (OTCMarkets: PLYN), and Provenance Gold Corp. (the “Company” or “PAU”) (CSE: PAU) (FSE: 3PG) are pleased to announce commencement of their initial drilling program, by and though their newly formed Joint Venture company, GS Exploration Corporation, on the Silver Bow gold and silver property in Nye County, Nevada. The drill rig is presently being mobilized and drilling is set to begin by the end of the week. Palayan has funded the initial tranche due under the Joint Venture Agreement which enabled the mobilization of machinery to commence drilling operations.The Silver Bow project hosts a gold and silver system that extends across the five-kilometer length of the property, with numerous small historic mines...
Holly Street Announces Definitive Agreement for Qualifying Transaction with Southern Sky Resources Corp. and Reports Annual General Meeting Results
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Not for distribution to United States newswire services or for release, publication, distribution or dissemination directly, or indirectly, in whole or in part, in or into the United States.VANCOUVER, British Columbia, Feb. 09, 2021 (GLOBE NEWSWIRE) — Holly Street Capital Ltd. (TSX-V: HSC.P) (“Holly” or the “Company”), a capital pool company listed on the TSX Venture Exchange (the “Exchange”), is pleased to announce that it has entered into a definitive agreement dated February 5, 2021 (the “Amalgamation Agreement”) with Southern Sky Resources Corp. (“Southern Sky”) in respect of a proposed business combination (the “Proposed Transaction”). It is anticipated that the Proposed Transaction will constitute the “Qualifying Transaction” of Holly in accordance with Policy 2.4 – Capital Pool Companies of the Exchange (the “CPC Policy”)....
METROMILE COMPLETES BUSINESS COMBINATION, WILL BEGIN TRADING ON NASDAQ AS ‘MILE’
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PHILADELPHIA AND SAN FRANCISCO, Feb. 09, 2021 (GLOBE NEWSWIRE) — Metromile, Inc. (“Metromile”), a leading digital insurance platform and pay-per-mile auto insurer, today announced it completed its business combination (the “Business Combination”) with INSU Acquisition Corp. II (“INSU II”) (NASDAQ: INAQ), a publicly traded special purpose acquisition company sponsored by Cohen & Company, LLC, a subsidiary of Cohen & Company Inc. (NYSE American: COHN). The Business Combination was approved earlier today by INSU II’s stockholders.The combined company is named Metromile, Inc., and its common stock will trade beginning February 10, 2021, on NASDAQ under the ticker symbol “MILE,” while its warrants will trade on NASDAQ under the ticker symbol “MILEW.”“Today is an important milestone for Metromile, but not the destination. We’re...
Tecogen Obtains Paycheck Protection Program Second Draw Loan
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WALTHAM, MA, Feb. 09, 2021 (GLOBE NEWSWIRE) — via NewMediaWire — Tecogen Inc.(OTCQX: TGEN), a clean energy company providing ultra-efficient, clean, natural gas powered on-site power, heating and cooling equipment, is pleased to announce that it has obtained a Paycheck Protection Program Second Draw loan in the amount of $1,874,269 pursuant to the Coronavirus Aid, Relief, and Economic Security Act (the “CARES Act”), as amended. The loan is guaranteed by the United States Small Business Administration. Interest on the loan is at the rate of 1% per year and all loan payments are deferred until June 5, 2022. If not forgiven in accordance with the Cares Act, as amended, the loan is repayable in forty-four (44) monthly installments of $43,400.49 beginning July 5, 2022 with final payment due February 5, 2026. The Company intends...
GSI Technology to Participate in the Winter Wonderland – Best Ideas from the Buy-Side Conference
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SUNNYVALE, Calif., Feb. 09, 2021 (GLOBE NEWSWIRE) — GSI Technology, Inc. (Nasdaq: GSIT), a leading provider of high-performance memory solutions for the networking, telecommunications and military markets, and developer of the Gemini® Associative Processing Unit (APU) for Artificial Intelligence, today announced that Doug Schirle, Chief Financial Officer, and Didier Lasserre, Vice President of Sales and Investor Relations, will host a group presentation at the MicroCap Rodeo’s Winter Wonderland Conference on Wednesday, February 17th, 2021 at 4:00 pm EDT, and hold one-on-one meetings on February 18th and 19th.The Winter Wonderland “Best Ideas from the Buyside” conference will be held February 16th through 19th, 2021 with 25-minute virtual presentations on the 16th and 17th, and one-on-ones for qualified institutional investors on...
Jeffersonville Bancorp Announces Fourth Quarter Earnings of $1,204,000 and Year to Date Earnings of $4,810,000; Declares Dividend of $0.15
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JEFFERSONVILLE, N.Y., Feb. 09, 2021 (GLOBE NEWSWIRE) — Jeffersonville Bancorp, Inc. (OTCQB – JFBC) announced today fourth quarter net income of $1,204,000 or $0.28 per share compared to $1,045,000 or $0.25 per share for the same quarter in 2019. The increase in quarterly net income was primarily due to decreases in provision for loan losses of $250,000, tax expense of $151,000, total non-interest expenses of $75,000 and interest expense of $49,000 and increases in securities income of $215,000 and total non-interest income of $98,000. These improvements were partially offset by decreases in interest on loans of $441,000 and other interest and dividend income of $238,000.For the year ended December 31, 2020, net income was $4,810,000 or $1.14 per share compared to $6,506,000 or $1.54 per share in 2019. The decrease in year to...
Aurora Spine Announces Listing of Shares to OTCQB Exchange
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CARLSBAD, Calif., Feb. 09, 2021 (GLOBE NEWSWIRE) — Aurora Spine Corporation (“Aurora Spine” or the “Company”) (TSXV: ASG) (OTCQB: ASAPF), a designer and manufacturer of innovative medical devices that improve spinal surgery outcomes, today announced that its common shares are now trading on the OTCQB Venture Market (the “OTCQB Venture”), a US trading platform that is operated by the OTC Markets Group in New York. The Company will trade on the OTCQB Venture under symbol “ASAPF” (links to http://www.otcmarkets.com/stock/ASAPF/quote); the Company’s common shares will continue to trade on the TSX Venture Exchange under the symbol “ASG”.Aurora Spine trades on the OTCQB® Venture Market for early-stage and developing U.S. and international companies. Companies are current in their reporting and...