Month: February 2021

DUBLIN, Ireland and TREVOSE, Pa., Feb. 03, 2021 (GLOBE NEWSWIRE) — Strongbridge Biopharma plc, (Nasdaq: SBBP), a global commercial-stage biopharmaceutical company focused on the development and commercialization of therapies for rare diseases with significant unmet needs, today announced that it has approved inducement equity awards to ten individuals who have recently become, or are expected to become, employees of the Company. The inducement awards are being made in the form of non-qualified stock options to purchase an aggregate of 154,800 ordinary shares of the Company, and are being made as a material inducement to these individuals to enter into employment with the Company pursuant to NASDAQ Listing Rule 5635(c)(4).The exercise price for each of the options is equal to the closing price of the Company’s ordinary shares on...

NOT FOR DISSEMINATION IN THE UNITED STATES OR DISTRIBUTION TO U.S. NEWS WIRE SERVICESTORONTO, Feb. 03, 2021 (GLOBE NEWSWIRE) — FAX Capital Corp. (the “Company”) (TSX: FXC and FXC.WT) today announced that it expects to report its financial results for the year ended December 31, 2020 on March 25, 2021. As at December 31, 2020, the Company’s unaudited book value per share was approximately $4.80 per share, an approximate 11% increase from December 31, 2019 and a 7% increase from September 30, 2020. Performance in both periods was driven primarily by unrealized gains on its portfolio of investments.During the fourth quarter, the Company continued to judiciously deploy capital and continued to buy back shares under its normal course issuer bid.Additionally, the Company today provided an update on its previously announced acquisition,...

CALGARY, Alberta, Feb. 03, 2021 (GLOBE NEWSWIRE) — Canadian Premium Sand Inc. (“CPS” or the “Company”) (TSXV: CPS) is pleased to announce a shift in the direction of the Company’s business strategy to focus on developing its Wanipigow silica sand deposit into a sustainable float glass manufacturing and coating facility. This facility would be designed to utilize the best available technology with a focus on sustainability initiatives such as waste heat recovery and optimizing use of Manitoba’s abundant and inexpensive renewable electricity to set a new standard for low-carbon footprint glass manufacturing. The greater Winnipeg area presents an opportunity for significant long-term manufacturing cost and logistics advantages for a float glass facility focused on energy efficient architectural glass or solar glass.The shift in business...

WASHINGTON, Feb. 03, 2021 (GLOBE NEWSWIRE) — FTI Consulting, Inc. (NYSE: FCN) today announced the Company’s Technology segment has expanded its partnership with Relativity to provide its cloud-based e-discovery solution RelativityOne in Canada.In Canada, organizations are facing myriad new e-discovery challenges, particularly around Canadian Competition Bureau investigations and complex supplementary information requests in the merger clearance process. As part of the Competition Bureau’s efforts to increase antitrust oversight in the digital age, it recently announced a cooperation framework with the U.S., UK, Australia and New Zealand, further raising the regulatory stakes for multinational companies seeking M&A approvals in those countries. Experts expect this to lead to an uptick in the volume, cost and complexity of conducting...

DENVER, Feb. 03, 2021 (GLOBE NEWSWIRE) — Mydecine Innovations Group (CSE: MYCO) (OTC: MYCOF) (FSE: 0NFA) (“Mydecine” or the “Company’), an emerging biopharma and life sciences company committed to the research, development, and acceptance of alternative nature-sourced medicine for mainstream use, announced the appointment of Josephine Wu, Founder and CIO at Aionious Management, Ltd., to the Company’s Board of Directors.Josh Bartch, Chairman and CEO of Mydecine, stated, “The Board of Directors welcomes Ms. Josephine Wu to our board as a contributing member as Mydecine continues its growth trajectory. Josephine’s operational and financial leadership in the healthcare and biopharma spaces in addition to her experience bringing numerous successful drugs to market underpins Mydecine’s core strategy in the sector. Her knowledge will be...

SAN MATEO, Calif., Feb. 03, 2021 (GLOBE NEWSWIRE) — Plus Products Inc. (CSE: PLUS) (OTCQX: PLPRF) (the “Company” or “PLUS”), a cannabis and hemp branded products company in the U.S., is pleased to announce an extraordinary meeting of holders of 8.00% unsecured convertible debentures due February 28, 2021 (the “Debentures”).The meeting details are as follows:Date: February 25, 2021Time: 10:00 a.m. (Pacific Time)Place: Telephone Conference CallA Management Information Circular (the “Circular”) containing a detailed description of certain amendments for consideration (the “Debenture Amendments”) and resolutions for consideration (the “Resolution Amendments”) has been mailed to the Company’s debentureholders of record (the “Debentureholders”). Due to COVID-19 restrictions, the meeting is scheduled to be held by telephone conference...

Bethlehem, PA, Feb. 03, 2021 (GLOBE NEWSWIRE) — Vinco Ventures, Inc. (NASDAQ: BBIG) and its newly engaged partner Zash Global Media and Entertainment, with subsidiaries Zash Studios has recently come on board with Miss Muffet Studios and Six+One Studios on the film Chicago: America’s Hidden War. We’re excited to announce that the feature length documentary exposing Chicago’s gut-wrenching violence has been included on the 2021 Oscars Eligibility list. In his directorial debut, Daylight Supreme’s film Chicago: America’s Hidden War is being considered in the Best Documentary Feature Category. Zash Studio, a subsidiary of Zash Global Media and Entertainment, first screened the film in their studio location in Syracuse, New York.Chicago: America’s Hidden War pulls back the curtain to expose the real pain of Chicago’s inner city and...

NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES.TORONTO, Feb. 03, 2021 (GLOBE NEWSWIRE) — Red Light Holland Corp. (“Red Light Holland” or the “Company”) (CSE:TRIP), an Ontario-based corporation positioning itself to engage in the production, growth and sale of a premium brand of magic truffles to the legal, recreational market within the Netherlands, is pleased to announce that it has entered into a letter of engagement with Eight Capital, under which Eight Capital has agreed to purchase, as sole bookrunner and underwriter, 11,600,000 units of the Company (the “Units”), on a “bought deal” basis pursuant to a filing of a short form prospectus, subject to all required regulatory approvals, at a price per Unit of $0.44 (the “Issue Price”) for gross proceeds of $5,060,000 (the “Offering”).The...

Kinnevik AB (publ) (“Kinnevik”) today announced that it is investing USD 70m in Vivino, the world’s leading wine app.Vivino is the world’s largest online wine community and most downloaded wine app with over 50 million users, who turn to the platform for its personalized recommendations, unbiased ratings, and selection of wines from more than 700 marketplace partners worldwide.Vivino was founded by Heini Zachariassen and Theis Søndergaard who set out to create a service for people that want to find great wines. Similar to groceries, the market for wine is massive, around USD 400bn per year globally, and the transition to online is lagging other categories. The company has reached significant scale with over USD 250m in GMV and profitability despite only converting circa 1.5% of app users to buyers thus offering significant...