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Month: April 2021

Kaixin Auto Holdings announces approval by NASDAQ of Haitaoche acquisition

BEIJING, April 15, 2021 (GLOBE NEWSWIRE) — Kaixin Auto Holdings (“Kaixin” or the “Company”) (NASDAQ: KXIN) today announced that it received the approval by NASDAQ Stock Market for the acquisition (the “Acquisition”) of 100% of the share capital of Haitaoche Limited pursuant to a share purchase agreement entered into on December 31, 2020. Subject to certain other closing conditions, including the shareholder approval of the amendment to the Company’s article of associations, the Company anticipates the Acquisition to be closed in May, 2021. About Kaixin Auto Holdings Kaixin Auto Holdings is one of the primary dealership networks in the premium used car segment in China. Supported by the rapid growth of China’s used car market and leveraging its own hybrid business model that offers both strong online and offline presence, Kaixin...

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Lantronix Contributes to eSight Design, Enabling Individuals With Serious Visual Impairment to See

IRVINE, Calif., April 15, 2021 (GLOBE NEWSWIRE) — Lantronix Inc. (NASDAQ: LTRX), a global provider of Software as a Service (SaaS), connectivity services, engineering services, intelligent hardware and turnkey solutions for the Internet of Things (IoT) and Remote Environment Management (REM), today announced that its Engineering Services team supported eSight Corp. in the development of an enhanced vision device that enables individuals with serious visual impairment to see. eSight Corp. was recently recognized as a manufacturer of the Best Wearable/Healthcare Hardware/Software Consumer Technology of 2021by the Tech Ascension Awards, which honors companies that possess the most innovative technology in their respective industries. “Utilizing the Lantronix engineering team’s skills, knowledge and technology, we were able to create a...

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Manitou Gold Expands Gold Mineralization by 200 m Down-Plunge and 100 m Along Strike at Stover Zone

SUDBURY, Ontario, April 15, 2021 (GLOBE NEWSWIRE) — Manitou Gold Inc. (TSX-V: MTU) (the “Company” or “Manitou”) is pleased to announce additional assay results from its ongoing 10,000 metre drill program on its 100% owned Goudreau Project located along the eastern portion of the regional Baltimore Deformation Zone (the “BDZ”) in Northeastern Ontario. Highlights of drill results are from the Stover Zone, which is within the Company’s Goudreau Project, where the Company is reporting assay results from an additional three drill holes that significantly expand known gold mineralization along strike, to 400 metres, and down-plunge to 500 metres. Highlights:Step-down and step-out drilling at the Stover Zone expands gold mineralization to 400 metres along strike and to 500 metres down-plunge, the highlights of which include:5.5 m grading...

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Recro Expands Development and Manufacturing Relationship With Ensysce Biosciences

GAINESVILLE, Ga., April 15, 2021 (GLOBE NEWSWIRE) — Recro Pharma, Inc. (“Recro”; NASD: REPH), a contract development and manufacturing organization (CDMO) dedicated to solving complex formulation and manufacturing challenges for companies developing oral solid dose drug products, today announced the signing of additional agreements with an existing customer, Ensysce Biosciences, Inc. (“Ensysce”). Under these new agreements, Recro will provide early-stage development and manufacturing services to support two of Ensysce’s development programs. Recro and Ensysce have already commenced the initial phase of these projects. “We are delighted that Ensysce has elected to expand our relationship by selecting Recro as their CDMO to support the development of these important drug candidates. The ability to partner with a company that is committed...

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Mirasol Resources Starts 2,600m Drilling Program at its Sascha Marcelina Project in Argentina

VANCOUVER, British Columbia, April 15, 2021 (GLOBE NEWSWIRE) — Mirasol Resources Ltd. (TSX-V: MRZ) (OTCPK: MRZLF) (the “Company” or “Mirasol”) is pleased to report that it has commenced a 2,600m drill program at Sascha Marcelina, a low sulfidation epithermal (“LSE”) Au-Ag project in the Santa Cruz Province of Argentina. The drill program will focus on quality targets at the Estancia, Pellegrini Silica Cap and Igloo prospects, which are characterized by coincident large-scale outcropping alteration, anomalous rock chip geochemistry and Induced Polarization (“IP”) geophysical anomalies. These prospects have not previously been drilled tested. Mirasol’s President, Tim Heenan, stated: “We are excited to have commenced this drill program at the Sascha Marcelina project. Mirasol’s exploration activities have defined multiple new and quality...

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Destination XL Group, Inc. Appoints Digital Transformation Veteran Elaine Rubin to Board of Directors

CANTON, Mass., April 15, 2021 (GLOBE NEWSWIRE) — Destination XL Group, Inc. (OTCQX: DXLG), the largest omni-channel specialty retailer of big and tall men’s clothing and shoes, announced today that it has appointed Elaine Rubin, 58, to the Company’s Board of Directors. She will serve as a director until the Company’s next annual meeting of stockholders, at which time she will stand for re-election. With her appointment, the size of the Company’s Board of Directors is seven members. Ms. Rubin is currently the founder and president of Digital Prophets Network, LLC, a consumer-centric digital consulting, advisory and placement firm with a network of digital commerce experts that supports the growth of retail and direct-to-consumer businesses. “We are excited to welcome Elaine to the board,” said President and CEO Harvey S. Kanter....

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Skylight Health Promotes Paul Kulas to COO and Bolsters Senior Management Team with Two Strategic Additions

TORONTO, April 15, 2021 (GLOBE NEWSWIRE) — Skylight Health Group Inc (TSXV:SHG; OTCQX: SHGFF) (“Skylight Health” or the “Company”), a multi-state primary care management group in the United States, announced today the strengthening of its leadership team with Paul Kulas being promoted to Chief Operating Officer. Jennifer Brooks joins as Director of Payor Contracting, and Lynda Mikalauskas joins as Director of Quality and Patient Safety. “Paul has shown tremendous poise and leadership during his time with the company. Both the corporate and clinical teams look to him as a natural leader, and he has proven to be an integral part of our corporate culture. His rapid elevation to Skylight’s top leadership team is well deserved,” said Prad Sekar, Co-Founder and CEO. “He brings a terrific combination of creativity, technology expertise,...

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SWM International Completes Acquisition of Scapa Group Plc

Alpharetta, GA, April 15, 2021 (GLOBE NEWSWIRE) — Schweitzer-Mauduit International, Inc. (“SWM” or the “Company”) (NYSE: SWM), announced today that it has finalized its acquisition of Scapa Group Plc, a UK-based innovation, design, and manufacturing solutions provider for healthcare and industrial markets. The newly combined company’s annualized sales are approaching $1.5 billion. The acquisition adds to SWM’s already extensive portfolio of precision engineered performance materials, significantly expands the Company’s innovation, design, and formulation capabilities, and brings a variety of new coating and converting technologies. The newly combined product and service offerings can be leveraged across SWM’s and Scapa’s global businesses to deliver best-in-class integrated solutions to customers. SWM CEO Dr. Jeffrey Kramer said,...

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Green Thumb Industries Announces Launch of Leading Cannabis-Infused Social Tonic Brand Cann in Illinois Ahead of 4/20 Cannabis Holiday

Green Thumb and Cann Previously Announced Partnership to Bring California’s #1 Selling Cannabis Beverage to Illinois and Beyond Cann Offers Portfolio of Micro-dosed Social Tonics, Low in Calories with All-Natural Ingredients Cann Available at Rise™ Dispensaries and Select Cannabis Stores Throughout Illinois CHICAGO and VANCOUVER, British Columbia, April 15, 2021 (GLOBE NEWSWIRE) — Green Thumb Industries Inc. (Green Thumb) (CSE: GTII) (OTCQX: GTBIF), a leading national cannabis consumer packaged goods company and owner of Rise™ Dispensaries, announces the launch of Cann, a leading cannabis-infused beverage brand, in Illinois. Green Thumb and Cann previously announced a partnership to bring the beverage brand to Illinois and New Jersey with plans to expand to additional markets. Cann is now available at all Rise™ Illinois dispensary...

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REPEAT – ABERDEEN INTERNATIONAL (TSX:AAB, FR:A8H, OTC:AABVF) Technology Partner T2M Global Selected by the US Department Of Energy to Use AES-100 Technology to Address New $50 Billion Syngas-To-Hydrogen Market Opportunity

TORONTO, April 15, 2021 (GLOBE NEWSWIRE) — Aberdeen International Inc. (“Aberdeen” or the “Company”) (TSX: AAB F:A8H, OTC:AABVF) is pleased to share an update regarding its recent acquisition, AES-100 Inc., from T2M Global (see press releases dated February 1, 2021, February 11, 2021, March 3, 2021 and March 10, 2021, April 8, 2021). AES-100 has been selected by US Department of Energy (DOE) to be deployed at Hawaii Gas in order to improve overall efficiency of Synthetic Natural Gas (SNG) production and the extraction of pure hydrogen (fuel-cell-ready) from a low-purity waste syngas stream. The expected benefits are (a) an improved cost of production of natural gas for Hawaii Gas; (b) a reduced carbon footprint; and (c) a new revenue stream from the sale of hydrogen into rapidly growing markets for low-carbon fuel and industrial...

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