Month: May 2021

TORONTO, May 28, 2021 (GLOBE NEWSWIRE) — American Aires Inc. (CSE: WIFI) (the “Company” or “Aires“) is pleased to announce the completion of a tranche of its previously announced non-brokered private placement (the “Private Placement“). The Company has raised gross proceeds of $905,000 through the issuance of 6,033,333 common share units (”Units”) of the Company at a price of $0.15 per Unit. Pursuant to the closing, the Company paid a finder’s fee of $47,250 and issued finders warrants exercisable for 315,000 Units. All securities issued pursuant to the Private Placement are subject to a four month hold period from the date of issue. Proceeds from the Private Placement will be used by the Company for working capital and for other general and administrative costs. About American Aires Inc. American...

KUALA LUMPUR, Malaysia, May 28, 2021 (GLOBE NEWSWIRE) — Toga Limited’s (OTC: TOGL) wholly-owned subsidiary, TOGL Technology Sdn Bhd (TOGL Technology) participated in a virtual Memorandum of Understanding (MOU) signing ceremony with the Universiti Tunku Abdul Rahman (UTAR), wholly owned by UTAR Education Foundation, on 20 May 2021. The MOU virtual signing ceremony was participated and executed by Mr. Edward Ng Boon Chee, TOGL Technology’s Chief Operating Officer, Ir. Prof. Dr. Ewe Hong Tat (UTAR President), and witnessed by Ir. Prof. Dr. Yow Ho Kwang (UTAR Vice President for Internationalization and Academic Development) and Ms. Shaelyn Moo (Secretary to the CEO of TOGL Technology). The MOU provides both parties an opportunity to initiate joint projects such as research and development (R&D); organizing academic-based programs...

CALGARY, Alberta, May 28, 2021 (GLOBE NEWSWIRE) — Pulse Seismic Inc. (TSX:PSD) (OTCQX:PLSDF) (“Pulse” or the “Company”) is pleased to announce it has signed a $17.0 million seismic data licensing contract. On signing, the Company will immediately deliver a portion of the data and will recognize revenue of $7.3 million. The remainder of the data must be selected by the customer before April 15, 2022, at which time the balance of the $9.7 million licensing fees will be recognized as revenue. The licence is for 3D seismic data located in a liquids rich fairway in the west shale basin with multi-zone potential in Central Alberta. “I am extremely pleased to announce the signing of this significant agreement and the recognition of the first tranche of $7.3 million that brings Pulse’s year-to-date seismic data library sales to $17.2 million....

Shareholder Proxy Voting Deadline is Monday, June 7, 2021 at 10:00 a.m. (Toronto time) Shareholder Questions or Require Voting Assistance? Contact Laurel Hill Advisory Group toll free at 1-877-452-7184 by email at assistance@laurelhill.com. TORONTO, May 28, 2021 (GLOBE NEWSWIRE) — Noront Resources Ltd. (TSXV: NOT) (“Noront” or the “Company“) announces that leading independent international corporate governance analysis and proxy advisory firms Institutional Shareholder Services (“ISS”) and Glass, Lewis & Co., (“Glass Lewis”) have recommended that Noront shareholders vote FOR all of the Company’s director nominees who are standing for election at Noront’s upcoming Annual and Special Meeting of Shareholders (the “Meeting”) being held on June 9, 2021 at 10:00 a.m. (EDT), and FOR the other items of business....

SAN FRANCISCO, May 28, 2021 (GLOBE NEWSWIRE) — iRhythm Technologies, Inc. (NASDAQ: IRTC), a leading digital health care solutions company focused on the advancement of cardiac care, today announced the company will be participating in the upcoming 41st Annual William Blair Growth Stock Conference. iRhythm’s management is scheduled to present on Wednesday, June 2 at 11:40 a.m. Eastern Time. Interested parties may access a live and archived webcast of the presentation on the “Investors” section of the company’s website at: www.irhythmtech.com. About iRhythm Technologies, Inc. iRhythm is a leading digital health care company redefining the way cardiac arrhythmias are clinically diagnosed. The company combines wearable biosensor devices worn for up to 14 days and cloud-based data analytics with powerful proprietary algorithms that...

Participation in Series C and Research Partnership to Advance Development of Bioengineered Transplantable Organs SOUTH SAN FRANCISCO, Calif., May 28, 2021 (GLOBE NEWSWIRE) — CareDx, Inc. (Nasdaq: CDNA), a leading precision medicine company focused on the discovery, development, and commercialization of clinically differentiated, high-value healthcare solutions for transplant patients and caregivers, today announced it has closed a minority investment in Miromatrix, a biotechnology company working to eliminate the need for an organ transplant waiting list through the development of implantable engineered biological organs. CareDx and Miromatrix have also agreed to collaborate on certain research and development activities using CareDx technology. Life-saving organ transplantation is severely constrained by the number of organs available...

VANCOUVER, British Columbia, May 28, 2021 (GLOBE NEWSWIRE) — ParcelPal Technology Inc. (“ParcelPal” or the “Company”), (OTC:PTNYF) (CSE:PKG) (FSE:PT0) is pleased to announce its Q1 2021 financial results highlighted by record Q1 revenue and a significantly reduced cash operating loss year over year. Overview In Q1 2021, the Company continued its operating success, which was driven by revenue growth of 8% to approximately $1.2 million (up from $1.1K in Q1 2020), which was a record revenue high for Q1 since inception of the Company. Importantly, the Company’s cash operating loss decreased 30% to $599,215 (compared to $849,116 in Q1 2020). Despite a much slower start to the year in business with our largest customer (due to an issue out of our control), we were able to offset it with continued diversification of our customer base,...