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Day: June 9, 2021

Hot Topic Modernizes Supply Chain with Upgrade to Manhattan Active® Warehouse Management; Supporting Retailer’s Growth

ATLANTA, June 09, 2021 (GLOBE NEWSWIRE) — Manhattan Associates Inc. (NASDAQ: MANH) today announced that Hot Topic, Inc., a leading entertainment and music merchandise omni-channel company, has chosen to upgrade its warehouse management system (WMS) with the implementation of Manhattan Active® Warehouse Management. Employing the world’s first cloud-native enterprise class WMS will provide advanced capabilities like order streaming, warehouse execution system (WES) functionality and more robust picking and packing capabilities. These additional functionalities are expected to help the company streamline its fulfillment processes to support its rapidly growing omni-channel business. Hot Topic, Inc. operates multiple brands: Hot Topic, BoxLunch and Her Universe. With music and entertainment-inspired apparel and accessories, the company...

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CorMedix Inc. to Participate in Fireside Chat at the JMP Securities Life Sciences Conference

BERKELEY HEIGHTS, N.J., June 09, 2021 (GLOBE NEWSWIRE) — CorMedix Inc. (Nasdaq: CRMD), a biopharmaceutical company focused on developing and commercializing therapeutic products for the prevention and treatment of infectious and inflammatory disease, today announced that CorMedix management will participate in a fireside chat at the JMP Securities Life Sciences Conference taking place on June 16 – 17, 2021.JMP Securities Life Science ConferenceDate:  Wednesday, June 16Time: 12:00 pm Eastern TimeWebcast: https://wsw.com/webcast/jmp49/crmd/1671800About CorMedixCorMedix Inc. is a biopharmaceutical company focused on developing and commercializing therapeutic products for the prevention and treatment of infectious and inflammatory diseases. The Company is focused on developing its lead product DefenCath™, a novel, antibacterial...

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Imperial Mining Develops High-Recovery Extraction Process for Scandium and Rare Earth Elements for Crater Lake Mineralization

MONTREAL, June 09, 2021 (GLOBE NEWSWIRE) — Imperial Mining Group Ltd. (“Imperial”) (TSX VENTURE: IPG) (OTCQB: IMPNF) is pleased to announce that it has developed an innovative process for extraction of scandium (Sc) and rare earth elements (REE) from its Crater Lake scandium mineralization as part of its current Phase 3 Hydrometallurgical Development Program. Results from this work show very high recovery of both scandium and rare earths for all mineralization types defined in diamond drilling on the property. The two-stage hydrometallurgical extraction method entails a high-pressure caustic leach (HPC) followed by hydrochloric acid leach of the HPC residue. The new method showed remarkable recovery of scandium and the rare earth elements from Imperial’s Crater Lake Sc-REE mineralization (see Imperial Mining press release...

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Salona Global Medical Device Corporation Begins Trading Today

SAN DIEGO, June 09, 2021 (GLOBE NEWSWIRE) — Salona Global Medical Device Corporation (the “Company”, “SGMD” or “Salona Global”) (TSXV:SGMD) begins trading on the TSX Venture Exchange at market open today, June 9th, 2021. The Company has posted its latest corporate presentation, along with a webcast led by Chairman & Interim CEO Les Cross, at www.salonaglobal.com/investors. “We’re excited to begin trading today,” shared Les Cross “We believe we’ve created an exceptional opportunity here. Many private companies hoping to become part of Salona Global will be more interested in transactions as trading commences. We have a sound balance sheet, deep connections in the industry and an excellent global growth strategy. We are aiming to close accretive acquisitions quickly so that we can begin to execute on our growth plans.” Salona...

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3D Systems & Alpine F1 Team Advance Wind Tunnel Productivity with Co-Developed Material

Parts produced using Accura Composite PIV take significantly less time to prepare – from CAD to wind tunnel – facilitating more accurate data for aerodynamic analysis.Parts produced using Accura Composite PIV take significantly less time to prepare – from CAD to wind tunnel – facilitating more accurate data for aerodynamic analysis.New Accura® Composite PIV material enables more efficient part production, more accurate and higher resolution Particle Image Velocimetry (PIV) testing data New material alongside 3D Systems’ technology and application expertise enabling Alpine F1 Team to continue to advance aerodynamic track performanceROCK HILL, S.C., June 09, 2021 (GLOBE NEWSWIRE) — 3D Systems (NYSE:DDD) today announced the availability of Accura® Composite PIV – a new material specifically designed...

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II-VI Incorporated Receives $350 Million Additional Equity Commitment from Bain Capital

PITTSBURGH, June 09, 2021 (GLOBE NEWSWIRE) — II‐VI Incorporated (Nasdaq: IIVI), a leader in engineered materials and optoelectronic components, today announced that Bain Capital will make an additional equity investment of $350 million in II-VI, increasing its total equity commitment to the Company to $2.15 billion. As previously disclosed, on March 31, 2021, the Company sold 75,000 shares of a new Series B-1 Convertible Preferred Stock to Bain Capital for $10,000 per share and an aggregate purchase price of $750 million. Bain Capital also committed to purchase, immediately prior to the closing of the pending business combination with Coherent, Inc., 105,000 shares of a new Series B-2 Convertible Preferred Stock for $10,000 per share and an aggregate purchase price of $1.05 billion, for a total commitment of $1.8 billion, which...

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SCYNEXIS Confirms that BREXAFEMME® (ibrexafungerp tablets) Qualifies for 10 Years of Regulatory Exclusivity for Vaginal Yeast Infections

BREXAFEMME® (ibrexafungerp tablets), for oral useA novel oral antifungal approved for the treatment of vulvovaginal candidiasis (VVC), also known as vaginal yeast infectionBREXAFEMME to receive 5-year exclusivity extension under the GAIN Act for a total of 10 years of regulatory exclusivity BREXAFEMME also protected by composition-of-matter patent until 2035 Commercial launch update call is scheduled for Tuesday, June 29th @ 12pm ETJERSEY CITY, N.J., June 09, 2021 (GLOBE NEWSWIRE) — SCYNEXIS, Inc. (NASDAQ: SCYX), a biotechnology company pioneering innovative medicines to overcome and prevent difficult-to-treat and drug-resistant fungal infections, today announced that the U.S. Food and Drug Administration (FDA) granted BREXAFEMME (ibrexafungerp tablets), five years of exclusivity extension under the Generating...

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Globex Vends McNeely Lithium Property

ROUYN-NORANDA, Québec, June 09, 2021 (GLOBE NEWSWIRE) — GLOBEX MINING ENTERPRISES INC. (GMX – Toronto Stock Exchange, G1MN – Frankfurt, Stuttgart, Berlin, Munich, Tradegate, Lang & Schwarz, L&S Exchange, TTM Zone, Stock Exchanges and GLBXF – OTCQX International in the US) is pleased to inform shareholders that it has sold the McNeely Lithium project consisting of 66 mining claims in La Corne, Landrienne and Figuery townships, Quebec to First Energy Metals Limited (FE-CSE). The claims have been sold for a single cash payment of $250,000 and 2,000,000 First Energy Metals shares (currently $0.30 a share). Globex will retain a 3% Gross Metal Royalty on all production from the claims. Globex’s McNeely claims extend westward from the Quebec Lithium Mine property intermittently in several claim blocks over a strike length of...

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Atlanticus Holdings Corporation Prices $70 Million Offering of Series B Cumulative Perpetual Preferred Stock

ATLANTA, June 09, 2021 (GLOBE NEWSWIRE) — Atlanticus Holdings Corporation (NASDAQ: ATLC) (“Atlanticus” or the “Company”) today announced the pricing of its underwritten registered public offering of 2,800,000 shares of 7.625% Series B Cumulative Perpetual Preferred Stock, no par value and liquidation preference of $25.00 per share (the “Preferred Stock”) at an initial public offering price of $25.00 per share, raising gross proceeds of $70 million before deducting underwriting discounts, the structuring fee and other estimated offering expenses. In connection with the offering, the Company has granted the underwriters a 30-day option to purchase up to an additional 420,000 shares of Preferred Stock. The offering is expected to close on or about June 11, 2021, subject to customary closing conditions. The Company’s shares of Preferred...

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US Nuclear Takes Up 5% Stake in Space Mining Pioneer Solar System Resources

Los Angeles, CA, June 09, 2021 (GLOBE NEWSWIRE) — via NewMediaWire — On June 4, 2021, US Nuclear (OTCQB: UCLE) signed an agreement to take a 5% stake in Solar System Resources Corporation Sp. z o. o., thus advancing US Nuclear’s portfolio of high-tech startups.  US Nuclear and Solar System Resources decided to keep the details of the transaction private.     Solar System Resources is a space mining company that conducts localization, in-situ verification, and mining of space resources.  US Nuclear will cooperate with Solar System Resources and other partners to build a value chain starting with mining and selling valuable helium-3, lanthanide metals, and other vital or precious materials from space deposits.  This is just the latest investment of US Nuclear, which can be viewed as a holding company and incubator with stakes...

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