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Day: April 8, 2021

Galane Gold Announces Execution of Definitive Agreement for the Acquisition of the Summit Mine in New Mexico and Closing of C$9.68 Million Private Placement With Lead Order From Palisades Goldcorp

TORONTO, April 08, 2021 (GLOBE NEWSWIRE) — Galane Gold Ltd. (“Galane Gold” or the “Company”) (TSX-V: GG; OTCQB: GGGOF) is pleased to announce that it has entered into a definitive agreement to acquire (the “Acquisition”), through a wholly-owned subsidiary, the Summit Mine (the “Mine”) and the infrastructure constituting the Banner Mill in New Mexico (collectively, the “Assets”) from Pyramid Peak Mining, LLC, a wholly-owned subsidiary of Waterton Precious Metals Fund II Cayman, LP.   Closing of the Acquisition is expected to occur on or about May 16, 2021, and is subject to certain conditions including, but not limited to, completion of a confirmatory title report on the Assets and approval of governmental and regulatory authorities, including the TSX Venture Exchange (“TSXV”). For further details on the Acquisition and...

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Ocuphire Initiates ZETA-1 Phase 2 Clinical Trial Investigating APX3330 in Diabetic Retinopathy

APX3330 has the Potential to be a Novel Oral Treatment Option with Dual Mechanism of Anti-VEGF and Anti-Inflammatory for Diabetic Retinopathy Top Line Data from ZETA-1 Expected by Early 2022 FARMINGTON HILLS, Mich., April 08, 2021 (GLOBE NEWSWIRE) — Ocuphire Pharma, Inc. (Nasdaq: OCUP), a clinical-stage ophthalmic biopharmaceutical company focused on developing and commercializing therapies for the treatment of several eye disorders, announced today that it has screened the first patient in ZETA-1, a Phase 2 trial to evaluate APX3330 in non-proliferative diabetic retinopathy (NPDR) and mild proliferative diabetic retinopathy (mild PDR). Effects on diabetic macular edema will be explored as a secondary outcome. A number of retinal centers across the US are active and recruiting eligible diabetic retinopathy patients. Diabetes is...

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Claritas to Expand R-107 Program to Include Treatment of Sepsis, the Leading Cause of Death in COVID-19 Patients

SAN FRANCISCO and TORONTO, April 08, 2021 (GLOBE NEWSWIRE) — Claritas Pharmaceuticals, Inc. (TSX VENTURE: CLAS and OTC: KALTF) (the “Company” or “Claritas“) today announced that, based on significantly positive results in a controlled large animal model of sepsis, the Company will now expand its R-107 development program to include the treatment of COVID-19 related sepsis, the leading cause of death in COVID-19 patients.   Highlights Claritas is currently developing R-107 for the treatment of viral infections, including vaccine-resistant COVID-19.  Claritas will also now expand this program to include development of R-107 for the treatment of COVID-19 related sepsis.  Sepsis is the leading cause of death in COVID-19 patients, with a mortality rate of 30% – 40%.1Positive Results with R-107 in Treatment...

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Hamilton Thorne Reports Record Revenue for the Quarter and Year Ended December 31, 2020

BEVERLY, Mass. and TORONTO, April 08, 2021 (GLOBE NEWSWIRE) — Hamilton Thorne Ltd. (TSX-V: HTL), a leading provider of precision instruments, consumables, software and services to the Assisted Reproductive Technologies (ART), research, and cell biology markets, today reported audited financial results for the fourth quarter and year-ended December 31, 2020. Financial HighlightsSales increased 12.5% to $39.8 million for the year-ended December 31, 2020; up 13% to $12.3 million for the fourth quarter; sales in constant currency increased 1% for the year; 10% for the quarter. Gross profit increased 7% to $20.4 million for the year; up 6% to $6.5 million for the quarter. Net income increased 22% to $971 thousand for the year, and to $961 thousand for the quarter. Adjusted EBITDA decreased 7% to $6.6 million for the year; up 14% to...

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Aircraft Communication System Market Worth USD 1,688.0 Million at 7.95% CAGR; High Demand for UAVs to Aid Growth, Says Fortune Business Insights™

Pune, India, April 08, 2021 (GLOBE NEWSWIRE) — The aircraft communication system market is likely to gain impetus from the introduction to various state-of-the-art technologies by renowned organizations. Airborne Wireless Network (AWN), a provider of wireless communication services, for instance, is developing a high-speed communication system for delivering cost-effective wireless broadband to the aircraft. This information is put forward by Fortune Business Insights™ in a recently published report, titled, “Aircraft Communication System Market Size, Share and Global Trend By Connectivity (SATCOM HF, VHF, UHF, and Data Link Communication) By System (Audio Integrating System, Communication Radios, Radio Tuning System, Cockpit Voice Recorder, and Static Dischargers) By Component (Antenna, Transponder, Receiver, Transmitter, Transceiver,...

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Erdene Provides Updates on Exploration at the Dark Horse Gold Prospect and Bayan Khundii Gold Project

HALIFAX, Nova Scotia, April 08, 2021 (GLOBE NEWSWIRE) — Erdene Resource Development Corporation (TSX:ERD | MSE:ERDN) (“Erdene” or the “Company”) is pleased to provide an update on exploration at the new Dark Horse gold prospect as well as announcing the launch of an Employment Orientation program and advise on the current COVID-19 situation in Mongolia. Highlights1(See the attached maps and images for reference):Drilled nine scout holes totalling 1,900 metres in February 2021 to define the extent of the delineation program at the main Dark Horse ProspectHoles AAD-65 to AAD-67, in the northern half of the target, intersected broad zones of alteration, establishing continuity and supporting further drilling:AAD-65 returned 7 metres of 1.15 g/t gold beginning 113 metres downhole AAD-66 returned 14 metres of 1.31 g/t gold beginning...

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Køb af aktiepost i Nordfyns Bank A/S

Selskabsmeddelelse nr. 9/2021Holbæk, den 8. april 2021 Køb af aktiepost i Nordfyns Bank A/S Sparekassen Sjælland-Fyn A/S har dags dato forøget sin ejerandel i Nordfyns Bank A/S til over 20 %. Med venlig hilsen Lars Petersson                                             Thomas KullegaardAdm. direktør                                               Formand                                                       Yderligere information:Presse- og direktionsrådgiver Morten Huse Eikrem-Jeppesen, tlf.  53 85 07 70Administrerende direktør Lars PeterssonSparekassedirektør Lars Bolding www.spks.dk/ir Vedhæftet filSelskabsmeddelelse nr. 9 – 2021 Køb af aktiepost i Nordfyns Bank

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Northern Technologies International Corporation Reports Financial Results for Second Quarter Fiscal 2021

MINNEAPOLIS, April 08, 2021 (GLOBE NEWSWIRE) — Northern Technologies International Corporation (NASDAQ: NTIC), a leading developer of corrosion inhibiting products and services, as well as bio-based and biodegradable polymer resin compounds, today reported its financial results for the second quarter of fiscal 2021.  Second quarter fiscal 2021 highlights include (with growth rates compared to second quarter of fiscal 2020, except as otherwise noted):  Consolidated net sales decreased 3.4% to $12,783,000 ZERUST® net sales increased 14.1% to $10,284,000 NTIC China net sales increased 46.9% to $4,444,000 Natur-Tec® product net sales decreased 40.8% to $2,499,000 Joint venture operating income increased 29.3% to $3,383,000 Net income attributable to NTIC increased 629.9% to $1,313,000 Net income per diluted share attributable to NTIC...

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StrikeForce Technologies Acquires Cybersecurity Risk Solutions LLC Expanding Its Identity and Endpoint Cyber-Defense Arsenal

EDISON, N.J., April 08, 2021 (GLOBE NEWSWIRE) — StrikeForce Technologies, Inc. (OTC PINK: SFOR), a cyber technology company that reduces the risk of identity theft and data breaches, today announced the acquisition of Cybersecurity Risk Solutions LLC (CRS), a provider of innovative cyber, privacy and data protection solutions for business and home. The acquisition enables StrikeForce to grow and strengthen its channel distribution strategies and provide the marketplace with cost-effective cyber solutions for mitigating security risks. “Today is an important milestone in StrikeForce’s evolution and growth, as this deal will greatly improve our ability to deliver innovative and comprehensive data protection technology to our customers,” said Mark Kay, CEO at StrikeForce Technologies, Inc. “By combining forces with CRS, we are able...

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Lifequest Signs Letter of Intent with Aquity (Pty) Ltd. to Pursue Build Own Operate and Build Own Lease Transfer and Water-as-a-Service Wastewater Treatment Plants

Lifequest Will Own a Majority Stake in Aquity and Arrange Project Finance to Build a Portfolio of Plants Yielding Long-Term Cash Flow RIDGEFIELD PARK, NJ, April 08, 2021 (GLOBE NEWSWIRE) — via NewMediaWire – LIFEQUEST WORLD CORP (LQWC) is focused on innovative, scalable and disruptive decentralized wastewater treatment and reuse technologies. Pursuant to the LOI, the Company will acquire a majority equity interest in Aquity and provide project financing to pursue build own operate (BOO), build own lease transfer (BOLT) and Water-as-a-Service (WaaS) plants in South Africa. Such plants are either evergreen (perpetual) or have minimum 10-year concessions and 7-year lease and expected to yield stable cash flow over a long period with equity IRRs in excess of 25%. The global growth of modular, distributed (onsite) wastewater plants is...

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