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Day: June 22, 2021

Brilliant Acquisition Corporation Announces Extension of Completion Window to September 25, 2021

New York, June 22, 2021 (GLOBE NEWSWIRE) —  Brilliant Acquisition Corporation (the “Company”) announced today that it has extended the period of time it will have to consummate its initial business combination by 3 months from the current deadline of June 25, 2021 until September 25, 2021 (the “completion window”) because the Company’s Sponsor, Nisun Investment Holding Limited is timely depositing $460,000 in the Company’s trust account, representing $0.10 per Unit as additional interest on the proceeds in the trust account. The Company’s stockholders are not entitled to vote on or redeem their shares in connection with such extension of the completion window. About the Company Brilliant Acquisition Corporation is a blank check company organized for the purpose of effecting a merger, capital stock exchange, asset acquisition, or...

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Tempest and Millendo Announce Stockholder Approval of Merger

Tempest to Trade on Nasdaq Public Markets Under Ticker “TPST” SOUTH SAN FRANCISCO, Calif. and ANN ARBOR, Mich., June 22, 2021 (GLOBE NEWSWIRE) — Tempest Therapeutics, Inc. (“Tempest”), a clinical-stage oncology company developing potentially first-in-class therapeutics that combine both targeted and immune-mediated mechanisms, and Millendo Therapeutics, Inc. (Nasdaq: MLND) (“Millendo”), announced today the results for the proposals voted upon by Millendo stockholders at a Special Meeting on June 22, 2021. The stockholders voted in favor of all proposals at the Special Meeting, including to approve the proposed merger between the companies. The closing of the merger is anticipated to take place on or around Friday, June 25, 2021. Following the closing of the merger, the combined company will be renamed Tempest Therapeutics and shares...

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HPQ Silicon Strengthens Its Balance Sheet and Solidifies Its Position as an Innovative Manufacturer of Silicon Materials for Lithium-ion Batteries

An increase of more than 4.4 million in the Company’s equity through a series of transactions with Investissement Québec (IQ) MONTREAL, June 22, 2021 (GLOBE NEWSWIRE) — Innovative Silicon Solutions company HPQ Silicon Resources Inc. (“HPQ” or the “Company”) (TSX-V: HPQ) (OTCQX: HPQFF) (FWB: UGE), is pleased to announce that Investissement Québec (IQ) completed the following financial transactions today:An increase of $2,325,000 in the Company’s liquidity through the exercise of 15,000,000 warrants;A reduction of $2,076,984 in Company debt through the early conversion of a $1,800,000 convertible debenture and the payment in shares of $276,984 of accrued interest related to the debenture.Settlement in shares of interest payable to Investissement Québec Pursuant to the terms of the $1,800,000 debenture issued by...

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Idaho First Bank Announces Spring Alexander as Compliance and Operations Officer

BOISE, Idaho, June 22, 2021 (GLOBE NEWSWIRE) — Idaho First Bank (the “Bank”) (OTC: IDFB) announces Spring Alexander as the new Compliance and Operations Officer. Spring will be located in the Boise location where she will oversee the Compliance and Operations departments while working closely with the Executive team to ensure company objectives are aligned.  As part of her Compliance duties, Spring will be responsible for all Bank policies and procedures and applicable state and federal banking regulations. While overseeing the Operations department, Spring will manage the Bank’s strategy across various branches, departments and multiple state locations to provide strong coverage, oversight, and resiliency. Prior to joining the Bank, Spring served as Vice President – Community Reinvestment & Fair Lending Officer for Sunwest...

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Fomo Corp. to Advise Homeland Resources to Get Sec Current and Explore M&a

Chicago IL, June 22, 2021 (GLOBE NEWSWIRE) — FOMO CORP. (US OTC: FOMC) announces that its subsidiary FOMO ADVISORS LLC has been retained by Homeland Resources Ltd. (US OTC: HMLA) to bring HMLA current with regard to SEC reporting requirements and to advise on strategic mergers and acquisitions. As part of the relationship, FOMO CORP. has agreed to go exclusive with Homeland Resources Ltd. with a “no shop” through September 30, 2021 to explore the merger of its cannabis media subsidiary KANAB CORP., owner and operator of the cannabis health and wellness site Kanab Club (www.kanab.club), into the public entity. Homeland Resources has been delinquent in its SEC filings for three years since filing a Form 15. Under the terms of the agreement, FOMO CORP.’s retainer will not vest until HMLA is brought current no later than September...

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Automotive Lighting Market to reach USD 51.4 billion by 2027 – Report by Market Research Future (MRFR)

New York, June 22, 2021 (GLOBE NEWSWIRE) — Automotive Lighting Market Overview: According to a comprehensive research report by Market Research Future (MRFR), “Automotive Lighting Market Research Report, Technology, Vehicle Type, Application, End Market and Region – Forecast till 2027” The global is projected to reach USD 51.4 billion by 2027 from an estimated USD 40.1 billion in 2019, at a CAGR of 7.1% Market Analysis Automotive lighting is made up of signaling and lighting devices that are incorporated or mounted on the rear, front, top, and sides of vehicles. These lights improve the driver’s vision of both the vehicles and the road. They enable pedestrians and other drivers to observe the position of the vehicle, presence, size, direction of movement, and so on. The key elements driving the market for lighting...

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Bellatrix Announces Court-Approved Transaction

CALGARY, Alberta, June 22, 2021 (GLOBE NEWSWIRE) — Bellatrix Exploration Ltd. (“Bellatrix” or the “Company”) announces a transaction (the “Transaction”) pursuant to which 1184262 B.C. Ltd. (the “Purchaser”), an affiliate of Hillcore Group Ltd. (“Hillcore”), will acquire 33,433,255 new common shares issued by Bellatrix (the “Purchased Shares”), which would represent approximately 45% of the aggregate issued and outstanding common shares of Bellatrix upon implementation of the Transaction. The Transaction was approved today by the Court of Queen’s Bench of Alberta (the “Court”) pursuant to an Approval and Vesting Order (the “Court Order”) in the Company’s proceedings under the Companies’ Creditors Arrangement Act (the “CCAA”), and remains subject to certain remaining conditions. In connection with the Transaction, Bellatrix has entered...

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CORRECTING and REPLACING – Beam Global

SAN DIEGO, June 22, 2021 (GLOBE NEWSWIRE) — In a release issued earlier today by Beam Global (Nasdaq: BEEM, BEEMW), please note the announcement has been revised to reflect that the company will be added to the Russell 2000® Index rather than the FTSE Russell Microcap Index, as originally issued. Complete corrected text follows:  Beam Global to be Added to the Russell 2000® Index Beam Global, (Nasdaq: BEEM, BEEMW), the leading provider of innovative sustainable technology for electric vehicle (EV) charging, outdoor media and energy security, announced it will be added to the Russell 2000® Index which will be reconstituted and effective after the U.S. market opens on June 28, 2021. “Being added to the Russell 2000 Index is validation of the work we have diligently engaged in since our Nasdaq listing just over two years ago,” said...

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Five Star Bancorp Announces Appointment of Director

RANCHO CORDOVA, Calif., June 22, 2021 (GLOBE NEWSWIRE) — Five Star Bancorp (Nasdaq: FSBC) (“Five Star” or the “Company”), and its subsidiary, Five Star Bank (the “Bank”) announce the appointment of Leigh White to the Board of Directors effective June 17, 2021. Ms. White has over 30 years of experience in key positions in television broadcast management throughout the United States. Her most recent role was that of Vice President and General Manager of KTXL-TV in Sacramento, California (FOX, Tribune Broadcasting). In this capacity, she managed all aspects of the station including revenue development, content production (both linear and digital), FCC requirements, engineering, programming, finance and marketing. While overseeing the creation of nine and a half hours of local news daily, her accomplishments were also the improvement...

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HUTCHMED announces savolitinib approved in China for patients with lung cancer with MET exon 14 skipping alterations

– First selective MET inhibitor approval in China in this setting – – First regulatory approval for the oral, potent and selective MET tyrosine kinase inhibitor – HONG KONG and SHANGHAI, China and FLORHAM PARK, N.J., June 22, 2021 (GLOBE NEWSWIRE) — HUTCHMED (China) Limited (“HUTCHMED”) (Nasdaq/AIM: HCM) today announces that AstraZeneca PLC (“AstraZeneca”) and HUTCHMED’s savolitinib has been granted conditional approval in China for the treatment of patients with non-small cell lung cancer (“NSCLC”) with MET exon 14 skipping alterations who have progressed following prior systemic therapy or are unable to receive chemotherapy. This approval follows a priority review designation by China’s National Medical Products Administration (“NMPA”) and marks the first regulatory approval globally for this oral, potent and selective MET tyrosine...

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