Day: May 14, 2021

/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/ TORONTO, May 14, 2021 (GLOBE NEWSWIRE) — WeedMD Inc. (TSX-V:WMD) (OTCQX:WDDMF) (FSE:4WE) (“WeedMD” or the “Company”), a federally licensed producer and distributor of medical-grade cannabis, is providing a bi-weekly update on the status of the management cease trade order granted on May 3, 2021 (the “MCTO“) by its principal regulator, the Ontario Securities Commission, in accordance with the alternative information guidelines set out in National Policy 12-203 – Management Cease Trade Orders (“NP 12-203“), following the Company’s announcement on April 21, 2021 (the “Default Announcement“), that it would be unable to file its annual audited financial statements, annual management’s discussion...

TORONTO, May 14, 2021 (GLOBE NEWSWIRE) — Victoria Gold Corp. (TSX-VGCX) (“Victoria” or the “Company”) announces that it has adopted a shareholder rights plan (the “Rights Plan”) effective today. The Rights Plan is designed to ensure that all Victoria shareholders are treated fairly in connection with any take-over bid and to protect against “creeping bids”, which involve the accumulation of more than 20%, on an aggregate basis, of Victoria’s common shares (the “Common Shares”) through purchases exempt from applicable take over-bid rules. Pursuant to the Rights Plan, one right attaches to each issued and outstanding Common Share. Subject to the terms of the Rights Plan, the rights become exercisable in the event that any person (together with certain related parties) becomes a beneficial holder of 20% or more of the outstanding...

TORONTO, May 14, 2021 (GLOBE NEWSWIRE) — Digihost Technology Inc. (“Digihost” or the “Company”) (TSXV: DGHI; OTCQB: HSSHF) provides an update on its acquisition of 9,900 Bitcoin (“BTC”) miners (the “Miners”) that will increase the Company’s current hashrate by approximately 925PH to 1.145EH, previously announced in the Company’s May 12, 2021 news release. The Company is funding the purchase of the Miners with capital from its equity financings closed since the beginning of 2021 of approximately CA$54,000,000. In connection with the purchase agreement with Northern Data AG (“Northern Data”) (ISIN: DE000A0SMU87; OTC: NDTAF) to acquire the Miners, the Company concurrently entered into a hosting agreement (the “Hosting Agreement”) with Northern Data in connection with the Miners, whereby Northern Data will provide services to the Company...

BEIJING, May 15, 2021 (GLOBE NEWSWIRE) — via InvestorWire — Infobird Co., Ltd (Nasdaq: IFBD) (“Infobird”), a software-as-a-service (“SaaS”) provider of AI-powered customer engagement solutions in China, today announces that it has filed its annual report on Form 20-F for the fiscal year ended Dec. 31, 2020, with the U.S. Securities and Exchange Commission (the “SEC”). The annual report on Form 20-F, which contains Infobird’s audited consolidated financial statements, can be accessed through the SEC’s website at www.sec.gov or Infobird’s website at www.Infobird.com. In addition, Infobird will provide a hard copy of its annual report on Form 20-F, containing its audited consolidated financial statements, free of charge to its shareholders upon request. Requests should be directed to Infobird Co., Ltd, Room 12A05, Block A, Boya...

BEIJING, May 14, 2021 (GLOBE NEWSWIRE) — via InvestorWire — Infobird Co., Ltd (Nasdaq: IFBD) (“Infobird”), a software-as-a-service (“SaaS”) provider of AI-powered customer engagement solutions in China, today announces that it has filed its annual report on Form 20-F for the fiscal year ended Dec. 31, 2020, with the U.S. Securities and Exchange Commission (the “SEC”). The annual report on Form 20-F, which contains Infobird’s audited consolidated financial statements, can be accessed through the SEC’s website at www.sec.gov or Infobird’s website at www.Infobird.com. In addition, Infobird will provide a hard copy of its annual report on Form 20-F, containing its audited consolidated financial statements, free of charge to its shareholders upon request. Requests should be directed to Infobird Co., Ltd, Room 12A05, Block A, Boya...

Revenues of $8.4 million and operating loss of $0.8 million for the quarter HAUPPAUGE, N.Y., May 14, 2021 (GLOBE NEWSWIRE) — Forward Industries, Inc. (NASDAQ:FORD), a single source solution provider for the full spectrum of hardware and software product design and engineering services as well as a designer and distributer of carry and protective solutions, today announced financial results for its second fiscal quarter ended March 31, 2021.   Second Quarter 2021 Financial Highlights  Revenues were $8.4 million, an increase of 6.3% from $7.9 million for the three months ended March 31, 2020.Gross margin improved to 20.8% compared to 18.3% for the three months ended March 31, 2020.Operating loss was $0.8 million compared to $1.7 million for the three months ended March 31, 2020.Net loss was $0.8 million compared to $1.4 million...

TORONTO, May 14, 2021 (GLOBE NEWSWIRE) — Dundee Corporation (TSX: DC.A) (the “Corporation” or “Dundee”) is pleased to announce the successful completion of its warrant exercise program. Subsequent to March 31, 2021, a total of 4,110,100 unlisted warrants (“Warrants”) to acquire shares of Dundee Precious Metals Inc. (“Dundee Precious”) were exercised at a price of $8.00, providing aggregate proceeds of $32,880,800 to the Corporation. 20,000 Warrants expired on May 13, 2021. It is anticipated that the Company will not have taxes payable in connection with the proceeds of exercised Warrants. Jonathan Goodman, President and CEO of Dundee, commented: “Completing the exercise of the Dundee Precious Warrants is a positive development for Dundee as it brings cash into the Corporation, strengthens our balance sheet, and aligns with one...

VANCOUVER, British Columbia, May 14, 2021 (GLOBE NEWSWIRE) — Pegasus Resources Inc. (TSX-V: PEGA; Frankfurt – OQS2, OTC/Pink Sheet symbol SLTFF) (the “Company” or “Pegasus”) is pleased to announce that the Company has arranged a non-brokerage private placement of up to 10,000,000 units (the “Units”) of the Company at a price of CDN$0.05 per Unit to raise gross proceeds of up to CDN$500,000 (the “Offering”). Each Unit consists of one common share of the Company and one share purchase warrant, entitling the holder to acquire an additional common share of the Company at a price of $0.10 for a period of 24 months from the date of issuance. Proceeds from the Offering will be used to explore the Company’s Nevada Millionara property and the Golden Project near Golden, BC as well as for general operation expenses. The common shares, share...

Conference Call to be held on Thursday, May 20th, 2021 at 5:00 PM EST NEW HAVEN, Conn., May 14, 2021 (GLOBE NEWSWIRE) — Specialty cancer diagnostics company Precipio, Inc. (NASDAQ: PRPO), will be hosting its Q1-2021 corporate update call on Thursday, May 20th at 5:00 PM ET. The call will include updates on all of the company’s current core businesses. The conference call may be accessed by calling 844-695-5519 (international callers dial 1-412-902-6760). All callers should ask for the Precipio Inc. conference call. Participants may also pre-register for the conference call to https://dpregister.com/sreg/10156733/e8b5406c91 and will receive a calendar invite and a direct dial-in number, bypassing the operator. Listeners interested in submitting questions in advance should email their questions to investors@precipiodx.com and management...