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Month: June 2021

Bright Mountain Media Subsidiary Wild Sky Media Announces Partnership with Netflix to Promote New Movie Fatherhood

Iconic parenting site CafeMom of Subsidiary Wild Sky Media will become CafeDad for Father’s Day Weekend Boca Raton, FL, June 09, 2021 (GLOBE NEWSWIRE) — Bright Mountain Media, Inc. (OTCQB: BMTM), an end-to-end digital media and advertising services platform, today announced its subsidiary Wild Sky Media has just unveiled a new partnership with Netflix in support of its movie Fatherhood, which will premiere on June 18, 2021; the initiative caps off a month-long effort honoring dads in celebration of Father’s Day. The collaboration, one of the first of its kind for any digital media platform, centers on one of Wild Sky Media’s biggest sites: CafeMom. Over Father’s Day weekend, well-established parenting brand CafeMom will become CafeDad, changing its name and its focus for two days across its website, Instagram feed, and Facebook...

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GasLog Ltd. Announces Closing of Take Private Transaction with BlackRock’s Global Energy & Power Infrastructure Team 

Piraeus, Greece, June 09, 2021 (GLOBE NEWSWIRE) — GasLog Ltd. (“GasLog” or the “Company”) (NYSE: GLOG) today announced that it has completed the previously announced transaction with BlackRock’s Global Energy & Power Infrastructure team. The closing of the transaction earlier today follows a special general meeting of GasLog’s shareholders held virtually on June 4, 2021, where the transaction and the related agreements received the requisite approval of GasLog shareholders required by the Agreement and Plan of Merger, dated as of February 21, 2021 (subsequently amended on April 20, 2021, the “Merger Agreement”), by and among the Company, GEPIF III Crown Bidco L.P., a Cayman Islands exempted limited partnership (“Parent”), and GEPIF III Crown MergerCo Limited, a Bermuda exempted company and a wholly owned subsidiary of Parent...

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Virtual Reality Market: Prominence of Online Lectures and Virtual Meetings to Bolster VR Adoption Amid Coronavirus

List of the Companies Profiled in the Market: Google LLC (California, United States), Oculus Rift (Facebook Inc.) (California, United States), Sony Corporation (Tokyo, Japan), Unity Technologies (California, United States), HTC Corporation (Taoyuan City, Taiwan), Microsoft Corporation (Washington, United States), Autodesk Inc. (California, United States), Sixense Enterprises Inc. (California, United States), Eon Reality Inc. (California, United States), Dassault Systems SE (Vélizy-Villacoublay, France), Apple Inc. (California, United States) Pune, India, June 09, 2021 (GLOBE NEWSWIRE) — The global virtual reality market size is expected to reach USD 57.55 billion by 2027, exhibiting a CAGR of 44.3% during the forecast period. The growing adoption of 5G network owing to its higher bandwidth and low latency rate will subsequently...

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Commercial Vehicle Rental and Leasing Market to Reach USD 123.87 Billion in 2028; Increasing International Tourism to Boost Growth, mentions Fortune Business Insights™

Key Prominent Players Covered in the Commercial Vehicle Rental and Leasing Market Research Report Are Europcar , The Hertz Corporation , Enterprise Holdings, Inc. , SIXT SE , ALD Automotive , Localiza , Unidas , PACCAR Leasing Company , Penske Automotive Group, Inc. Pune, India, June 09, 2021 (GLOBE NEWSWIRE) — The global commercial vehicle rental and leasing market is set to gain traction from the increasing adoption of electric vehicles in rental companies owing to insignificant profitability and high cost of ownership. Also, stringent emission targets and low battery prices are encouraging people to use electric vehicles. In April 2021, for instance, Europcar and MG Australia joined hands to make the MG ZS EV SUV available for rent. Customers in Melbourne will get access to this service from May. This information is published...

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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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