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Month: May 2021

Automotive Fuel Cell Market to Hit USD 34.63 Billion by 2028; Increasing Adoption of Hydrogen Energy in Industries Vertical to Stoke Demand: Fortune Business Insights™

List of the Key Players Profiled in the Global Market for Automotive Fuel Cell: Ballard Power Systems, Hyundai Motor Company, Toyota Motor Company, Nissan Motor Corporation, Nedstack Fuel Cell Technology, Plug Power, American Honda Motor Company, Inc., Daimler AG, Toshiba, Delphi Technologies , ITM Power, Núvera Fuel Cells, LLC, Ceres Power, AVL, Bosch, Continental Industries, Elringklinger, H2V Industry, Hexagon Composites ASA, Horizon Fuel Cell Technologies, Danish Power Systems, FABER INDUSTRIE SPA, FREUDENBERG, Grove Hydrogen Automotive, Shanghai Re-Fire Technology Co., Ltd Pune, India, May 18, 2021 (GLOBE NEWSWIRE) — The global automotive fuel cell market size is expected to experience exponential growth by reaching USD 34.63 billion by 2028 while exhibiting an impressive CAGR of 53.5% between 2021 and 2028. Fortune Business...

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Industrial Vending Machines Market to Exhibit a CAGR of 7.5% by 2028; Announcement of AutoCrib’s New Regional Partner to Revivify Business Prospects: Fortune Business Insights™

Lists the Main Companies in the Global Industrial Vending Machines Market: Fastenal Company (Minnesota, United States), AutoCrib, Inc. (California, United States), IVM Ltd. (Indiana Polis, United States), Apex Industrial Technologies LLC. (Ohio, United States), Silkron (Penang, Malaysia), SupplyPro, Inc. (California, United States), SupplyPoint (Rugby, United Kingdom), CribMaster (Marietta, Georgia), CMT Industrial Solutions (South Carolina, United States), Brammers (London, United Kingdom) Pune, India, May 18, 2021 (GLOBE NEWSWIRE) — The global industrial vending machines market size is predicted to reach USD 4,164.5 million by 2028, exhibiting a CAGR of 7.5% during the forecast period. The increasing adoption of personal protective equipment (PPE) in numerous industries will have a positive impact on the market during the forecast...

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Quantum Materials announces trading in its common stock has been temporarily suspended by the Securities and Exchange Commission

San Marcos, TX, May 18, 2021 (GLOBE NEWSWIRE) — Quantum Materials Corp. (OTCQB:QTMM), a leading American nanomaterial and cadmium free quantum dot producer and product company, today announced that trading in its common stock has been temporarily suspended by the Securities and Exchange Commission (the “Commission”) due to a lack of current information as a result of the failure to file certain periodic reports under the Company’s reporting obligations with the Commission. The trading halt commenced at 9:30am on May, 13 2021 and will terminate at 11:59pm on May 26, 2021. The Commission also has issued an order instituting administrative proceedings to determine whether it is necessary to revoke the Company’s registration under the Securities Exchange Act of 1934. The Company had previously received correspondence from the Commission...

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Canasil Closes $790,000 Oversubscribed Non-Brokered Private Placement To Fund Drill Programs on Mexican Silver-Gold Projects

VANCOUVER, British Columbia, May 18, 2021 (GLOBE NEWSWIRE) — Canasil Resources Inc. (TSX-V: CLZ, DB Frankfurt: 3CC, “Canasil” or the “Company”) announces closing of a non-brokered private placement (the “Placement”) of 7,900,000 units (the Units”) at a price of $0.10 per Unit for total gross proceeds $790,000, effective May 17, 2021. The Placement was initially announced for $500,000 and subsequently increased to $750,000 through news releases on April 27 and May 11, 2021. The closing of the Placement is subject to final acceptance by the TSX Venture Exchange. The securities issuable in connection with the Placement are subject to a hold period expiring four months and one day after the date of issuance.  A finder’s fee of 6% for $5,700 is payable on part of the proceeds of the Placement. The proceeds will be used to fund continued...

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Bayshore Enters Into Letter of Intent to Acquire Infinitum Copper Corp.

CALGARY, Alberta, May 18, 2021 (GLOBE NEWSWIRE) — Bayshore Petroleum Corp. (“Bayshore” or the “Company”) (TSXV: BSH) is pleased to announce that it has entered into a letter of intent (the “Letter of Intent”) dated effective May 17, 2021 outlining the general terms and conditions with respect to the acquisition (the “Acquisition”) by Bayshore of all the issued and outstanding share capital of Infinitum Copper Corp. (“Infinitum”). The Acquisition of Infinitum will constitute a reverse takeover under Policy 5.2 of the TSX Venture Exchange (the “Exchange”), and is subject to approval of the Exchange. This news release will be followed by a further comprehensive news release setting out additional details of the Acquisition in accordance with Exchange Policy 5.2. Business of Infinitum & the Adelita Copper Project Infinitum is...

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Northrop Grumman Increases Quarterly Dividend 8 Percent to $1.57

FALLS CHURCH, Va., May 18, 2021 (GLOBE NEWSWIRE) — The board of directors of Northrop Grumman Corporation (NYSE: NOC) declared a quarterly dividend of $1.57 per share on Northrop Grumman common stock, payable June 16, 2021, to shareholders of record as of the close of business June 1, 2021. “Northrop Grumman continues to execute a balanced capital deployment strategy with robust investments in our business and a competitive dividend for our shareholders,” said Kathy Warden, chairman, chief executive officer and president. “We are confident in our ability to continue creating shareholder value as we perform on our customers’ missions.” Northrop Grumman solves the toughest problems in space, aeronautics, defense and cyberspace to meet the ever evolving needs of our customers worldwide. Our 90,000 employees define possible every day...

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Uniserve Announces Extension to Term of 14,728,890 Warrants Expiring July 2, 2021

VANCOUVER, British Columbia, May 18, 2021 (GLOBE NEWSWIRE) — Uniserve Communications Corporation (“Uniserve”) wishes to announce that it will be extending the term of its Warrants granted pursuant to its 26,750,000 Unit private placement at $0.08 per Unit which closed July 2, 2019, to extend the expiration date from July 2, 2021 to January 2, 2022, subject to TSX Venture Exchange approval. The Warrants will remain at the exercise price of $0.15 per share and are exercisable on a 1 for 1 basis. About Uniserve Uniserve Communications Corporation is a 2018 TSX Venture top 50 performance company. Uniserve is a unified communications company which has been in business for 30 years, combining voice, data and media services all into one seamless solution, one bill and one point of contact. The unique selling proposition of the business...

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FreightHub, Inc. Reports First Quarter 2021 Revenue of $4.8 million, Up 216% from First Quarter 2020

NEW YORK, May 18, 2021 (GLOBE NEWSWIRE) — Hudson Capital Inc. (NASDAQ: HUSN) (Hudson Capital) announced that FreightHub, Inc.(Fr8Hub), a North American transportation logistics technology platform company focused on US-Mexico cross-border shipping with which Hudson Capital has signed a definitive Merger Agreement, releases financial results for the three-month period ended March 31, 2021, in Hudson Capital’s amended Registration Statement on Form S-4 filed on May 18, 2021 with the SEC. Javier Selgas, CEO of Fr8Hub, said, “First quarter of 2021 sales of $4.8 million were a record for our company, driven by our significantly expanded customer base that now includes Fortune 500 customers, new product offerings sold by a salesforce that is benefitting from industry leading training at our Fr8Hub University and a technology platform...

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Glacier Bancorp, Inc. Announces Acquisition of Altabancorp in American Fork, Utah

KALISPELL, Mont., May 18, 2021 (GLOBE NEWSWIRE) — Glacier Bancorp, Inc. (“Glacier” or the “Company”) (NASDAQ: GBCI) today announced the signing of a definitive agreement to acquire Altabancorp (“ALTA”) (NASDAQ: ALTA), the bank holding company for Altabank, a community bank headquartered in American Fork, Utah. The acquisition marks Glacier’s 24th announced acquisition since 2000 and its 7th announced transaction in the past five years. This also marks Glacier’s second acquisition of a Utah-based bank in the last two years, completing the acquisition of First Community Bank based in Layton, Utah in 2019. Altabank provides banking services to individuals and businesses throughout Utah and southern Idaho with 25 branch locations from Preston, Idaho to St. George, Utah. As of March 31, 2021, ALTA had total assets of $3.5 billion, total...

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Hudson Capital Receives Notice of Non-compliance with NASDAQ’s Listing Rule 5550(b)(1)

NEW YORK, May 18, 2021 (GLOBE NEWSWIRE) — Hudson Capital Inc. (NASDAQ: HUSN) (“Hudson Capital” or the “Company”) announced that it received written notification on May 13, 2021, from The Nasdaq Stock Market LLC that it no longer meets Listing Rule 5550(b)(1). Listing Rule 5550(b)(1) requires Hudson Capital to maintain a minimum $2,500,000 in stockholders’ equity for continued listing. The Company reported in its last annual report Form 20-F for the period ended December 31, 2021 that its stockholders’ equity was $631,145. Under the Nasdaq Rules, the Company has 45 calendar days (no later than June 28, 2021) to submit a plan to regain compliance. If its plan is accepted, the Company will be granted an extension of up to 180 calendar days from the date of this letter to evidence compliance. As previously announced, Hudson Capital...

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