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Month: February 2021

Wesdome Announces Kiena Deep A Zone Drilling Returns 326 G/T Gold Over 8.0 Metres

TORONTO, Feb. 10, 2021 (GLOBE NEWSWIRE) — Wesdome Gold Mines Ltd. (TSX: WDO) (“Wesdome” or the “Company”) today announces additional results from underground definition and exploration drilling at the Company’s 100% owned Kiena Mine Complex in Val d’Or, Quebec.Kiena Deep A Zone DrillingOver the past year, underground drilling was focused on definition drilling of the A Zone, which successfully upgraded a large portion of inferred resources to the indicated category, (see press release dated December 15, 2020). Drilling has since refocused on expansion drilling, not only at the A Zone and VC Zone, but at other prospective targets within the mine area. As part of this exploration focus, initial drilling via seven underground drill rigs has already successfully expanded the size of known mineralized zones (Figures 1 to 3), with...

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International Consolidated Uranium Announces C$5 Million “Bought Deal” Private Placement of Units

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATESVANCOUVER, British Columbia, Feb. 10, 2021 (GLOBE NEWSWIRE) — International Consolidated Uranium Inc. (“CUR” or the “Company”) (TSXV: CUR) is pleased to announce that it has entered into an agreement with Haywood Securities Inc. and Red Cloud Securities Inc. (the “Underwriters“), as co-lead underwriters, pursuant to which the Underwriters have agreed to purchase, on a “bought deal” private placement basis, 4,175,000 units of the Company (the “Units“) at a price of C$1.20 per Unit (the “Issue Price”), for total gross proceeds of C$5,010,000 (the “Offering“). Each Unit shall consist of one common share (a “Common Share”) in the capital of the Company and one-half (1/2) of one common share purchase warrant...

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Ebix CEO Robin Raina Forecasts V-shaped Recovery With a 11% to 12% Growth Rate for India in 2021

Predicts a 2-leg race between India and China in the years to comeJOHNS CREEK, Ga., Feb. 10, 2021 (GLOBE NEWSWIRE) — Ebix, Inc. (NASDAQ: EBIX), a leading international supplier of On-Demand software and E-commerce services to the insurance, financial, healthcare and e-learning industries, today announced that its Chairman and CEO, Robin Raina was interviewed on India’s highest watched prime time news show a few days back. In a wide ranging interview, Robin provided his views on a wide variety of topics ranging from the economic recovery and the impact of the recent budget on India’s goals of becoming a $5 trillion economy.The interview conducted by Republic TV Editor-in-Chief Arnab Goswami and Economics Editor Bhaskar Das was telecast on prime time @8.30 pm and can be seen on https://www.ebix.com/07-02-21-nation-wants-to-grow.htmlRepublic...

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The Movie Studio Inc. Announces Release of Moviesode 1 of the Film ‘Cause & Effect,’ Scheduling of Moviesode 2 Production

FORT LAUDERDALE, Fla., Feb. 10, 2021 (GLOBE NEWSWIRE) — The Movie Studio, Inc. (OTC: MVES) (the “Company”) proudly announces the release of Moviesode 1 of the upcoming film “Cause & Effect” (https://vimeo.com/473177048/aaa0f80537), demonstrating the Company’s disruptive business model.The Company’s Moviesode process fractures linear production of motion picture manufacturing into chapters and, when assimilated, utilizes the core movie trailer (https://vimeo.com/310897990) and completes the feature film while allowing talent integration, location and product placement to add to the value proposition during the film’s fabrication process.The unique, disruptive process allows for content “bridges” into future Moviesodes for a potentially more structured completion of the motion picture, reducing the requirement for pickup shots...

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Emerita Resources Provides Update on Aznalcollar Legal Proceedings in Spain

TORONTO, Feb. 10, 2021 (GLOBE NEWSWIRE) — Emerita Resources Corp. (TSX-V: EMO; OTC: EMOTF) (the “Company” or “Emerita”) announces that Spanish media are reporting that there has been an important ruling in the legal proceedings pertaining to the Aznalcóllar public tender. The Company has not received official documentation from the courts to review with its Spanish counsel at this point and it will provide a full update as soon as that is completed.Major Spanish media outlets are reporting that related investigations are concluded and the case is to be sent for trial. The judge who carried out the investigation has concluded that there are enough evidences to demonstrate that prevarication took place in the Aznalcóllar Tender. There are nine individuals accused of crimes of prevarication, two were senior politicians, five were government...

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Neovasc Announces US$72 Million Registered Direct Offering Priced At-The-Market

Vancouver, Canada, Feb. 10, 2021 (GLOBE NEWSWIRE) — via NewMediaWire — Neovasc Inc. (“Neovasc” or the “Company”) (Nasdaq: NVCN / TSX: NVCN) announced today that it has entered into definitive agreements with certain healthcare-focused institutional investors for the sale of an aggregate of 36,000,000 common shares at a purchase price of US$2.00 per common share in a registered direct offering (the “Offering”) priced at-the-market under the Nasdaq Capital Market (the “Nasdaq”) rules for aggregate gross proceeds to the Company of approximately US$72 million, before deducting placement agent’s fees and estimated expenses of the Offering payable by the Company.  The Offering is expected to close on or about February 12, 2021, subject to customary closing conditions.H.C. Wainwright & Co. is acting as the exclusive...

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Automotive Acoustic Engineering Service Market Worth USD 22.43 Billion by 2027; Backed by Presence of Established Automotive Players in Europe, Says Fortune Business Insights™

Pune, India, Feb. 10, 2021 (GLOBE NEWSWIRE) — The global automotive acoustic engineering service market size is expected to experience significant growth by reaching USD 22.43 billion by 2027 while exhibiting a CAGR of 11.8% between 2020 and 2027. The growth is attributable to the growing focus on engine downsizing and the growing preference for passenger vehicles that propel the demand for advanced automotive acoustic engineering service globally. This information is published by Fortune Business Insights, in its latest report, titled, “Automotive Acoustic Engineering Service Market Size, Share & Covid-19 Impact Analysis, By System Type (Physical Testing, Virtual Testing), By Application Type (Interior, Drivetrain, Powertrain, Body, and Others), By Vehicle Type (Passenger Cars and Commercial Vehicles), and Regional Forecasts,...

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Beasley Broadcast Group Reports Fourth Quarter Net Revenue of $68.5 Million

NAPLES, Fla., Feb. 10, 2021 (GLOBE NEWSWIRE) — Beasley Broadcast Group, Inc. (Nasdaq: BBGI) (“Beasley” or the “Company”), a multi-platform media company, today announced operating results for the three- and twelve-month periods ended December 31, 2020.The results presented herein reflect actual results including the operations of WDMK-FM in Detroit since its acquisition in August 2019.Summary of Fourth Quarter and Year-End ResultsOperating income, net income and net income per diluted share reflect a $4.4 million gain on dispositions, $3.6 million in other operating income and $2.2 million of non-cash impairment losses in the three months ended December 31, 2020, as well as a $17.1 million gain on dispositions and $13.7 million of non-cash impairment losses in the three months ended December 31, 2019. For the full year, operating...

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Carrols Restaurant Group, Inc. Appoints Jared L. Landaw as Vice President and General Counsel

SYRACUSE, N.Y., Feb. 10, 2021 (GLOBE NEWSWIRE) — Carrols Restaurant Group, Inc. (“Carrols” or the “Company”) (Nasdaq: TAST) today announced that it has appointed Jared L. Landaw as the Company’s Vice President and General Counsel, effective February 8, 2021.Daniel T. Accordino, Chairman and Chief Executive Officer of Carrols, commented, “We are excited to welcome Jared to Carrols and are confident that he will be a valuable contributor to the executive team. His expertise in providing legal oversight and guidance will be indispensable to us as we build on the existing foundation of excellence provided by our legal team and move our organization forward.”Jared L. Landaw, Vice President and General Counsel of Carrols, said, “I am honored to join Carrols as it executes on its strategy of operating two world-class restaurant brands...

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Energy Storage Market Eyeing Remarkable Growth at a healthy 20.18% CAGR | | Market Research Future (MRFR)

Pune, Feb. 10, 2021 (GLOBE NEWSWIRE) — Energy Storage Market Analysis/Energy Storage Market Trends  The global energy storage industry is lucrative and projected to witness significant growth at a healthy 20.18% CAGR over the forecast period (2019- 2026), reveals the Market Research Future (MRFR) report. Energy storage is a key component to deliver clean energy transition. It refers to modular blocks that can store energy that is produced from renewable sources with higher efficiency and releases the same when needed. The renewable power has turned into a vital part of the world’s energy mix. The rapid construction of new renewable power capacities across the globe is a vital driving force that is boosting market growth. Enhancing Features that Spur Market Growth As per the MRFR report, there are numerous factors that are propelling...

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