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Day: June 24, 2021

Impact of COVID-19 to Household Incomes Diminishes and Gen Z Demonstrates the Most Financial Optimism

TransUnion’s Consumer Pulse study highlights the ongoing financial impact of COVID-19 TORONTO, June 24, 2021 (GLOBE NEWSWIRE) — As pandemic restrictions ease across the country, Canadians’ hope about their financial situation has increased slightly since the previous survey period, March 5-10, 2021. Less than a third of Canadian consumers say they expect their household income to be negatively impacted by COVID-19 in future. Accompanying this optimism, Canadians are also ready to increase their spending on activities such as shopping online or in-store, eating out, travel, and entertainment. However, fraud attempts related to COVID-19 continue, with double the number of respondents reporting being targeted since the previous period. While all generations were targeted by multiple types of fraud, older generations saw the highest...

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GBT Filed a Patent for a Wireless Movement and Position Detection System

The AI Empowered Technology Aims to enable a Radio-Based Motion Monitoring SANTA MONICA, Calif., June 24, 2021 (GLOBE NEWSWIRE) — GBT Technologies Inc. (OTC PINK: GTCH) (“GBT” or the “Company”), filed a provisional patent (application number 63211573) with the U.S. Patent and Trademark Office (“USPTO”), for a real time movement and position detection method and system. The system includes a radio-based motion and image technologies. An AI technology controls radio waves transmission and analyzes the reflected information to construct 2D and 3D images including real time movement. The project’s internal code name is “Apollo”. Apollo technology is based on radio transmission within specific frequencies, measuring and analyzing the returned reflected waves information. The reflection will be analyzed by an AI algorithm with...

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HighPeak Energy, Inc. Announces Financial and Operational Updates, an Increase to its Borrowing Base and its Addition to the Russell 2000® and Russell 3000® Indexes

FORT WORTH, Texas, June 24, 2021 (GLOBE NEWSWIRE) — HighPeak Energy, Inc. (“HighPeak” or the “Company”) (NASDAQ: HPK) today announced (i) certain financial and operational updates, (ii) that its bank group, led by Fifth Third Bank, N.A., (“Fifth Third Bank”) has increased the Company’s borrowing base and aggregate elected commitments to $125 million, and (iii) the Company expects to be added to the Russell 2000® and Russell 3000® indexes effective at market open on Monday, June 28, 2021. HighlightsEntered into 10-year agreements to electrify and power the Company’s Flat Top area including a 13-megawatt direct current solar photovoltaic facility located on 80 acres of HighPeak’s owned surface landProjected to reduce CO2 by over 100,000 metric tons over the life of the contractBegan using recycled produced water for completion...

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Aesthetic Medical International Holdings Group Limited Reports First Quarter 2021 Unaudited Financial Results

SHENZHEN, China, June 24, 2021 (GLOBE NEWSWIRE) — Aesthetic Medical International Holdings Group Limited (the “Company” or Nasdaq: AIH), a leading provider of aesthetic medical services in China, today announced its unaudited financial results for the first quarter ended March 31, 2021. Dr. Zhou Pengwu, Chairman and CEO of the Company, commented, “The financial results of this quarter are encouraging, thanks to the economic recovery of China from Covid-19 and our dedicated team members who seize every opportunity to help us weather the storm. We are delighted to see a strong rebound in financial and operating results in the first quarter of 2021, with an increase of 131.3% in revenue year-over-year. In a bid to cater to people’s strong pursuit of beauty, we are committed to further expanding our non-surgical aesthetic medical services...

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Pharmaceutical Packaging Market to reach USD 192.93 billion by 2027 – Report by Market Research Future (MRFR)

New York, June 24, 2021 (GLOBE NEWSWIRE) — Pharmaceutical Packaging Market Overview: According to a comprehensive research report by Market Research Future (MRFR), “Pharmaceutical Packaging Market Research Report, Material, Type, Packaging, Application and Region – Forecast till 2027” The global market is projected to reach USD 192.93 billion by 2027 from an estimated USD 107.6 billion in 2020, at a CAGR of 9.21% from 2021 to 2027. Market Analysis In the highly competitive pharmaceutical packaging market, rising health awareness and rising demand for convenience necessitate brand enhancement/differentiation through the creation of novel packaging material. In addition, increased environmental concerns and the adoption of new regulatory standards for packaging recycling boost the pharmaceutical packaging industry. Specific...

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Dakota Territory Resource Corp Announces Upsize to Private Placement to $45 Million

Lead, South Dakota, June 24, 2021 (GLOBE NEWSWIRE) — Dakota Territory Resource Corp (OTCQB: DTRC) (“Dakota Territory” or the “Company”) is pleased to announce that it is upsizing its previously announced non-brokered private placement (the “Private Placement”) from up to 5,555,556 shares of common stock of the Company (each a “Common Share”) to up to 10,000,000 Common Shares, at a price of $4.50 per Common Share, representing an increase in the aggregate potential gross proceeds from $25 million to $45 million. The Common Shares will be issued pursuant to an exemption from the registration requirements under the Securities Act of 1933, as amended (the “Securities Act”). The Private Placement is expected to close in full on or around July 9, 2021, subject to all necessary approvals. The net proceeds...

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Mineworx Announces the Creation of PGM Renewal LLC

EDMONTON, Alberta, June 24, 2021 (GLOBE NEWSWIRE) — Mineworx Technologies Ltd., (the “Company” or “Mineworx“) (TSXV: MWX) (OTCQB: MWXRF) (FSE: YRS WKN: A2DSW3) announced today that its wholly owned subsidiary Mineworx USA Inc. has signed a Joint Venture Operating Agreement with Davis Recycling Inc. “Davis” of Tennessee. The signing parties will immediately form a new company to be called PGM Renewal LLC with Mineworx USA having a 55% equity position and Davis owning 45%. Mineworx will be responsible for providing its technologies and processes under the Joint Operating Agreement and Davis will be responsible for supply chain management and material preparation of diesel catalytic converters. Profits earned from the recovery of platinum and palladium contained in used diesel catalytic converters will be distributed to the partners...

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Green Hygienics Holdings Inc. Signs Exclusive Sales and Distribution Agreement for Mexico and Central America with Inter Cargo and ABA Cargo

SAN DIEGO, June 24, 2021 (GLOBE NEWSWIRE) — via InvestorWire — Green Hygienics Holdings Inc. (OTCQB: GRYN) (“Green Hygienics” or the “Company”) announces today that it has signed an Exclusive Sales and Distribution Agreement for Mexico and Central America with Inter Cargo and ABA Cargo, two sister companies with a successful 50-year sales and distribution track record in Mexico and other Latin American countries. Under the terms of this agreement, Inter Cargo and ABA Cargo will deploy their sales, marketing, logistics and retail expertise to distribute the Company’s full-suite line of premium CBD products and a hemp cigarette line comprised of retail-ready, multi-SKU brands manufactured in the United States in a Food and Drug Administration (FDA)-approved manufacturing facility. Inter Cargo and ABA...

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Launch of (A) Offer to Exchange the 9⅜% Senior Notes Due 2022 for a Combination of New 9⅜% Senior Secured Notes Due 2025 and Equity Fee, (B) Consent Solicitation Relating to the 9⅜% Senior Notes Due 2022 and (C) Offer to Subscribe for Additional 9.0% Senior Secured Notes Due 2025

LONDON, June 23, 2021 (GLOBE NEWSWIRE) — Exchange Offer and Consent Solicitation Ferroglobe PLC (the “Parent”), Ferroglobe Finance Company, PLC (the “UK Issuer”) and Globe Specialty Metals, Inc. (“Globe” and, together with the UK Issuer, the “Issuers”) are offering to qualifying noteholders the opportunity to exchange (the “Exchange Offer”) any and all of the 9⅜% Senior Notes due 2022 issued by the Parent and Globe (the “Old Notes”) for a total consideration per $1,000 principal amount of Old Notes comprising (i) $1,000 aggregate principal amount of new 9⅜% senior secured notes due 2025 to be issued by the Issuers (the “New Notes”) plus (ii) a cash fee, which the Parent will, at the direction of the qualifying noteholders (which direction shall be deemed to be given by such qualifying noteholders participating in the Exchange...

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Verizon 5G Immersive Retail Accelerator Program with Digital Catapult Goes Live

Supporting the development of NextGen immersive experiences with the power of 5G; Real-world challenges set by major brands Burberry, Diageo and L’Oréal UK & Ireland LONDON, June 24, 2021 (GLOBE NEWSWIRE) — Verizon Business has joined forces with Digital Catapult, the UK’s leading advanced digital technology innovation centre, and leading industry partners to launch the Verizon 5G immersive Retail Accelerator program, designed to develop the next generation of immersive retail experiences. The first of its kind, the initiative will explore how 5G-enabled solutions can solve real-world challenges for some of the world’s leading brands – Burberry, Diageo and L’Oréal UK & Ireland, all of which see 5G adoption as a strategic opportunity. The program is now open to start-ups and scale-ups currently working within the...

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