Day: March 1, 2021

East Setauket, March 01, 2021 (GLOBE NEWSWIRE) — Lixte Biotechnology Holdings, Inc. (Nasdaq: LIXT), a clinical-stage drug discovery company developing pharmacologically active drugs for use in cancer treatment, today announced that it has entered into definitive agreements for the purchase and sale of 1,133,102 shares of Lixte’s common stock, at a purchase price of $3.70 per share, in a registered direct offering. The closing of the offering is expected to occur on or about March 2, 2021, subject to the satisfaction of customary closing conditions.WestPark Capital, Inc. and WallachBeth Capital, LLC are acting as co-placement agents for the offering.The gross proceeds to Lixte from this offering are expected to be approximately $4.19 million before deducting the placement agents’ fees and other offering expenses payable by Lixte. The...

CALGARY, Alberta, March 01, 2021 (GLOBE NEWSWIRE) — CEMATRIX Corporation (TSXV: CVX) (the “Corporation” or “CEMATRIX”) a North American leading manufacturer and supplier of technologically advanced cellular concrete products announced that its wholly owned operating subsidiaries, which include CEMATRIX (Canada) Inc. (“CCI”), MixOnSite USA Inc. (“MOS”) and Pacific International Grout Company (“PIGCO’) have been awarded $9.9 million in new projects, $1.7 million of which are contracted sales and $8.2 million of which are contracts in process.Prior to the start of this is year, the Corporation’s Backlog previously included the current year’s sales. Since January 1, 2021, the Corporation’s Backlog is defined as Contracts plus Contracts in Process. Contracts in Process are defined as projects where the related contract is in office for...

Not for distribution to U.S. news wire services or dissemination in the United States.TORONTO, March 01, 2021 (GLOBE NEWSWIRE) — Voxtur Analytics Corp. (TSXV:VXTR) (“Voxtur” or “the Company”) is pleased to announce that the non-brokered private placement of common shares of the Company (“Common Shares”) for gross proceeds of $35,000,000 (the “Offering”) has been fully allocated.The Offering consists of the sale of 50,000,000 Common Shares at a price of $0.70 per Common Share.“The Offering was met with immediate and strong interest from well-respected investors in Canada and the United States. We thank the investors for their support of our vision and our financial advisor, Cormark Securities Inc., for their backing,” said Gary Yeoman, CEO and Chairman, “The tremendous demand we have seen validates Voxtur’s business model and the...

Kelowna, BC, March 01, 2021 (GLOBE NEWSWIRE) — GTEC Holdings Ltd. (TSXV:GTEC) (OTCQB: GGTTF) (FRA: 1BUP) (“GTEC”, the “Company” or “GTEC Cannabis Co.”) a multi-licensed producer of handcrafted, high quality cannabis, is pleased to announce that it has repaid its Unsecured Convertible Promissory Note (the “Note”) with Invictus MD Strategies Corp. (“Invictus”) in full.For additional information, please contact: GTEC Cannabis Co. 1-800-351-6358 contact@gtec.co

BERKELEY HEIGHTS, N.J., March 01, 2021 (GLOBE NEWSWIRE) — CorMedix Inc. (NASDAQ: CRMD), a biopharmaceutical company focused on developing and commercializing therapeutic products for the prevention and treatment of infectious and inflammatory disease, announced today that the US Food and Drug Administration (FDA) cannot approve the New Drug Application (NDA) for DefenCath™ (taurolidine/heparin catheter lock solution) in its present form. FDA noted concerns at the third-party manufacturing facility after a review of records requested by FDA and provided by the manufacturing facility. FDA did not specify the issues and CorMedix intends to work with the manufacturing facility to develop a plan for resolution when FDA informs the facility of the specific concerns. When we are informed of the issues, we will schedule an investor conference...

NEW YORK, March 01, 2021 (GLOBE NEWSWIRE) — BOQI International Medical Inc. (NASDAQ: BIMI) (“BIMI” or the “Company”) today announced that it closed a private placement of $5,400,00 of its senior convertible notes (the “Convertible Notes”) to two existing institutional investors (the “Investors”). The closing took place on February 26, 2021. The Company and the Investors agreed to increase the amount of Convertible Notes that may be purchased under the Securities Purchase Agreement announced in May 2020 from $2,100,000 to $5,400,00 at an original issue discount of 16.67% ($4,500,000 net). The Convertible Notes are convertible at a base conversion price of $2.59 per share, subject to the previously agreed conversion floor price of $ $0.554 (or $0.372 with respect to the increased amount).  The Investors will also be entitled to receive...

EURO RESSOURCES INVESTS US$7.15M TO ACQUIRE SILVER STREAM ON OREZONE GOLD’S BOMBORÉ PROJECTParis, France, March 1, 2021:  EURO Ressources S.A. (“EURO” or “the Company”) (Paris: EUR) is pleased to announce today that it has entered into a binding letter of intent with Orezone Gold Corporation (“Orezone”) to acquire 50% of the payable silver production (the “Silver Stream”) on Orezone’s Bomboré Project (“Bomboré”), located in Burkina Faso, West Africa for US$7,150,000.Bomboré is one of the largest undeveloped gold deposits in Burkina Faso. The 2019 Feasibility Study highlights Bomboré as an attractive shovel-ready gold project with forecasted annual gold production of 118,000 ounces over a 13+ year mine life. Assay data and metallurgical studies suggest there is a silver component to the Bomboré deposit, with EURO’s review of assay data...

EURO RESSOURCES INVESTIT 7,15 MILLIONS DE DOLLARS U.S. POUR ACQUÉRIR LA PRODUCTION D’ARGENT DU PROJET AURIFÈRE BOMBORÉ D’OREZONEParis, France, le 1 mars 2021 : EURO Ressources S.A. (« EURO » ou la « Société ») (Paris : EUR) a le plaisir d’annoncer aujourd’hui avoir signé une lettre d’intention irrévocable avec Orezone Gold Corporation (« Orezone ») pour acquérir 50 % de la production d’argent payable (la « Production d’argent ») du projet Bomboré (« Bomboré ») d’Orezone, situé au Burkina Faso, en Afrique de l’Ouest, pour un montant de 7 150 000 dollars U.S.Bomboré est l’un des plus importants gisements d’or non exploités du Burkina Faso. Selon l’étude de faisabilité de 2019, Bomboré est un projet aurifère attrayant prêt à être exploité, avec une production annuelle d’or prévue...

RAPID CITY, S.D., March 01, 2021 (GLOBE NEWSWIRE) — Black Hills Corp. (NYSE: BKH) today released additional details regarding the impacts from the extreme cold weather during February on its utility businesses and customers. During this extreme weather event, the company’s electric and natural gas systems performed remarkably and delivered energy safely and reliably to its customers.In a Form 8-K filed recently, Black Hills indicated it incurred approximately $600 million of additional natural gas costs to meet customer demand through Feb. 24. The initial estimates of the incremental commodity costs to serve its natural gas and electric utilities’ customers during the recent cold weather are generally as follows:These incremental commodity costs for February are initial estimates and subject to true-up as final accounting for transactions...