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Month: May 2021

NaturalShrimp, Inc. Closes Initial $13,500,000 Registered Direct Offering

Dallas, Texas, May 12, 2021 (GLOBE NEWSWIRE) — via NewMediaWire — NaturalShrimp, Inc. (the “Company”) (OTCQB:SHMP), a biotechnology aquaculture company which has developed and patented the first commercially operational Recirculating Aquaculture System (RAS) for shrimp, announced today that it has closed a registered direct offering of 24,545,455 shares of the Company’s common stock for gross proceeds of $13,500,000 pursuant to an effective shelf registration statement on Form S-3. GHS Investments, LLC purchased the shares in two transactions at a fixed price of $0.55 per share. Further information regarding these offerings can be found in the Company’s Form 8-Ks filed on April 15 and May 11, 2021. Lake Street Capital Markets, LLC acted as the Company’s financial advisor for the second transaction. The Company has used the...

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IntelGenx Expands Psychedelics Collaboration with atai Life Sciences with Signing of Second Feasibility Agreement

SAINT LAURENT, Quebec, May 12, 2021 (GLOBE NEWSWIRE) — IntelGenx Corp. (TSX-V:IGX) (OTCQB:IGXT) (“IntelGenx”), a leader in pharmaceutical films, today announced that it has entered into a second feasibility agreement (the “SFA”) with ATAI Life Sciences AG (“atai”), a clinical-stage biopharmaceutical company developing psychedelic and non-psychedelic compounds for various mental health indications, for the development of novel formulations of Salvinorin A, a naturally occurring psychedelic compound being developed for the treatment of treatment-resistant depression and other indications. The first feasibility agreement between the companies was signed in August 2020. That was followed in March 2021 by IntelGenx and atai announcing a strategic partnership, including a proposed equity investment in IntelGenx by atai, positioning IntelGenx...

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Airshare Plans to Double Fractional Fleet with Addition of Bombardier’s Best-Selling Challenger 350 Business Jets

Airshare announces purchase of three Challenger 350 aircraft for delivery by year end with options for an additional 17 business jets over the next few years Market-leading Challenger 350 aircraft is ideally suited to launch Airshare into super midsize segment The high-performing Challenger 350 aircraft is the undisputed champion of successful fleet operatorsMONTREAL, May 12, 2021 (GLOBE NEWSWIRE) — Bombardier today welcomed Airshare as its newest fleet operator for its best-selling Challenger 350 business jets. Airshare has ordered three super midsize Challenger 350 aircraft, with options for 17 more, which will enable the Kansas City-based private aviation company to double the size of its fractional ownership fleet in the near future. “We appreciate the confidence Airshare has expressed in our Challenger 350 aircraft. This...

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Medexus to Present at the Sidoti & Company Virtual Microcap Conference on May 19th

TORONTO, CHICAGO and MONTREAL, May 12, 2021 (GLOBE NEWSWIRE) — Medexus Pharmaceuticals Inc. (the “Company” or “Medexus”) (TSXV: MDP) (OTCQX: MEDXF) (Frankfurt: P731) announced today that it will be presenting at the Sidoti & Company Virtual Microcap Conference being held on May 19th – May 20th, 2021. Ken d’Entremont, Chief Executive Officer, and Roland Boivin, Chief Financial Officer of Medexus, are scheduled to present on Wednesday, May 19, 2021 at 9:15 AM, Eastern Time. The presentation will be webcast live and available for replay here as well as on the Company’s website at www.medexus.com/en_US/investors/news-events. In addition to the presentation, management will also be hosting virtual one-on-one meetings throughout the day on both Wednesday, May 19th and Thursday, May 20th. Interested investors should contact...

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Modular Construction Market to Display 6.1% CAGR till 2028; Increasing Residential and Commercial Construction Projects to Boost the Market: Fortune Business Insights™

Top companies in the global modular construction market are Guerdon Modular Buildings, Red Sea International Company, Bouygues Construction, VINCI Construction Grands Projects, Skanska AB, Algeco, Katerra, Lendlease Corporation Pune, India, May 12, 2021 (GLOBE NEWSWIRE) — The global modular construction market size is projected to reach USD 114.78 billion by 2028, exhibiting a CAGR of 6.1% during the forecast period. The market size stood at USD 72.11 billion in 2020. Rising demand for green constructions across the world will be the principal factor driving the growth of this market, finds Fortune Business Insights™ in its report, titled “Modular Construction Market, 2021-2028”. Request a Sample Copy of Report: https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/modular-construction-market-101662 The modular construction...

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Obalon Announces First Quarter 2021 Financial Results

SAN DIEGO, May 12, 2021 (GLOBE NEWSWIRE) — Obalon Therapeutics, Inc. (NASDAQ:OBLN), a vertically integrated medical technology company with the first and only FDA-approved swallowable, gas-filled intragastric balloon system for the treatment of obesity, today announced its financial results for the first quarter ended March 31, 2021. On January 19, 2020 the Company signed a definitive agreement for a merger with ReShape Lifesciences Inc. Financial results for the first quarter of 2021 Revenue for the first quarter of 2021 was none, compared to $0.8 million for the first quarter of 2020, with the decrease primarily due to the suspension of operations in the second quarter of 2020. Net loss for the first quarter of 2021 was $4.2 million, compared to $5.3 million for the first quarter of 2020. Net loss per share for the first quarter...

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Indiva to Report Year End Results for Fiscal Year 2020 on Thursday May 13th

LONDON, Ontario, May 12, 2021 (GLOBE NEWSWIRE) — Indiva Limited (the “Company” or “Indiva”) (TSXV:NDVA) (OTCQX:NDVAF), the leading Canadian producer of cannabis edibles and other cannabis products, will report fiscal 2020 year-end results after the close of markets on Thursday May 13th. CONFERENCE CALLThe Company will host a conference call to discuss its results on Thursday, May 13, 2021 at 4:30 pm EST. Interested participants can join by dialing 416-764-8658 or 1-888-886-7786. The conference ID number is 96254765. A recording of the conference call will be available for replay following the call. To access the recording please dial 416-764-8691 or 1-877-674-6060. The replay ID is 254765#. The recording will remain available until Thursday, June 3, 2021. ABOUT INDIVA Indiva sets the standard for quality and innovation in cannabis....

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ElectraMeccanica Celebrates Official Groundbreaking of U.S. Assembly and Engineering Technical Center in Mesa, AZ

ElectraMeccanica Breaks Ground on Mesa, AZ Assembly Facility and Engineering Technical CenterElectraMeccanica Breaks Ground on Mesa, AZ Assembly Facility and Engineering Technical CenterVANCOUVER, British Columbia, May 12, 2021 (GLOBE NEWSWIRE) — ElectraMeccanica Vehicles Corp. (NASDAQ: SOLO) (“ElectraMeccanica” or the “Company”), a designer and manufacturer of electric vehicles, commemorated the start of construction for its new U.S. Assembly and Engineering Technical Center with a groundbreaking ceremony held yesterday in Mesa, AZ. In attendance were more than 50 invited guests, Company Board Members and local dignitaries, including Arizona Commerce Authority President Sandra Watson, who kicked the event off with a keynote address. Ms. Watson was joined at the podium by the President and...

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Bright Mountain Media Features “Pregnancy IRL” and “Pregnancy Week by Week” in Two New Series on Women’s Health

Series focus on support, guidance and the real life experience of pregnancy Boca Raton, FL, May 12, 2021 (GLOBE NEWSWIRE) — Bright Mountain Media, Inc. (OTCQB: BMTM), an end-to-end digital media and advertising services platform, has launched a new series entitled “Pregnancy IRL” (In-Real-Life) exploring the topic of pregnancy covered across its websites and social media. “Many jokes and memes during the pandemic and quarantine revolved around the prediction of ‘Corona Babies’—a baby boom that would come in 2021 as a result of being home far more than normal,” said Emily Smith, CEO of Wild Sky Media, a division of Bright Mountain Media. “Instead, studies show 2021 will be a ‘baby bust’, with about 13% less births in the U.S. compared to 2019. With ongoing concerns about the pandemic, vaccinations, and safely resuming activities,...

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