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Month: June 2021

Processa Set to Join Russell Microcap® Index

HANOVER, MD, June 08, 2021 (GLOBE NEWSWIRE) — Processa Pharmaceuticals, Inc. (NASDAQ: PCSA), (“Processa” or the “Company”), a clinical-stage biopharmaceutical company developing products to improve the survival and/or quality of life for patients who have unmet medical needs, is set to join the Russell Microcap® Index at the conclusion of the 2021 Russell indexes annual reconstitution effect after the US market opens on June 28, according to a preliminary list of additions posted June 4. Membership in the Russell Microcap® Index, which remains in place for one year, means automatic inclusion in the appropriate growth and value style indexes. FTSE Russell determines membership for its Russell indexes primarily by objective, market-capitalization rankings and style attributes. “Inclusion in this index is an important milestone for...

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Surna Cultivation Technologies Introduces High Efficiency EcoChill™ Heat Recovery Chiller

Expands HVAC product line for controlled environment agriculture (CEA) with equipment that reduces energy consumption Boulder, Colorado, June 08, 2021 (GLOBE NEWSWIRE) — Surna Inc. (OTCQB: SRNA), operating as Surna Cultivation Technologies, introduces the addition of heat recovery chillers to its EcoChill™ product portfolio. “Surna continues to add technological options to our product lines to meet the growing demands of indoor agriculture climates. We understand that one of the biggest challenges for our customers is to be more energy efficient and drive down operational costs. This new product is part of our strategy to respond to that challenge,” said Troy Rippe, Surna Cultivation Technologies Vice President of Operations and Development. Two multi-state operators (MSOs), in an effort to drive down operational costs, recently...

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Genius Brands Set to Join Russell 3000® Index

BEVERLY HILLS, Calif., June 08, 2021 (GLOBE NEWSWIRE) — Genius Brands International, Inc. (“Genius Brands” or the “Company”) (NASDAQ: GNUS), a global brand management company that creates and licenses multimedia entertainment content for children, announces it is set to join the broad-market Russell 3000® Index at the conclusion of the 2021 Russell indexes annual reconstitution, effective when the US market opens on June 28, 2021, according to a preliminary list of additions posted on June 4, 2021. The annual Russell indexes reconstitution captures the 4,000 largest US stocks as of May 7, ranking them by total market capitalization. Membership in the US all-cap Russell 3000® Index, which remains in place for one year, means Genius Brands will also be included in the Russell 2000® Index as well as the appropriate growth and value...

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Credit guarantees for green investments

Credit guarantees for green investments The Government has given the Swedish National Debt Office a mandate to provide state credit guarantees for investment in green industry. On 3 June 2021, the Government resolved to give to the Debt Office a mandate to issue state credit guarantees starting 22 June 2021. The guarantees can be issued under the guarantee scheme for loans for financing large-scale industrial investment in Sweden that contributes to reaching the goals of the environmental objectives system and climate policy framework. To be able to participate in the programme, a loan must amount to at least SEK 500 million, and the central government will guarantee up to 80 per cent of the loan amount. The term to maturity for a credit guarantee is a maximum of 15 years. “We look forward to being able to contribute to Sweden’s green...

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ClearOne BMA 360 Beamforming Microphone Array Takes the Top Prize for Commercial Microphones in the 2021 TNT Awards Program

2021 TNT AwardsClearOne’s BMA 360 awarded 2021 TNT Award for the commercial microphone category.Voice LiftVoice Lift provides a powerful and simple way to drive multiple speaker zones allowing everyone in a larger room to hear every word.SALT LAKE CITY, June 08, 2021 (GLOBE NEWSWIRE) — ClearOne (NASDAQ: CLRO), a leading global provider of audio and visual communications solutions, today announced that its groundbreaking BMA 360 Beamforming Microphone Array, featuring Voice Lift technology, was awarded a 2021 TNT (Top New Technology) Award in the commercial microphone category. The annual innovation awards program is hosted by industry leading publications CE Pro and Commercial Integrator. “We are honored to be recognized by the demanding commercial integrators who voted in this year’s awards program....

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Firm Capital Property Trust Completes $28.8 Million Bought Deal Financing of Trust Units

THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES TORONTO, June 08, 2021 (GLOBE NEWSWIRE) — Firm Capital Property Trust (“FCPT” or the “Trust”), (TSX-V: FCD.UN) is pleased to announce that it that it has closed its previously announced public offering of 4,107,800 trust units (“Trust Units“) at a price of $7.00 per Trust Unit for gross proceeds of $28,754,600 with a syndicate of underwriters led by Canaccord Genuity Corp., CIBC World Markets Inc. and TD Securities Inc. as lead underwriters, and including, iA Private Wealth Inc., National Bank Financial Inc., Raymond James Ltd., Scotia Capital Inc., Laurentian Bank Securities Inc., Desjardins Securities Inc. and Echelon Wealth Partners Inc. (collectively, the “Underwriters“). The closing includes...

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Vow ASA : Vow secures financing to accelerate landbased initiatives

Vow ASA (‘Vow’ or the ‘Company’) has secured NOK 320 million long-term financing from DNB, the bank, establishing a strong financial foundation for further innovation and project development in land-based industries. The financing arrangement consists of a NOK 170 million term loan and a NOK 150 million revolving credit facility, both classified as “green financing” at attractive terms, and within the DNB Sustainable Product Framework. This framework includes a verification by DNV, the assurance and risk management company, and is based on the international Green Loan Principles (GLP). “The new loan and credit facility will further bolster our efforts to grow our landbased business. In March this year we raised NOK 230 million in gross proceeds to the company through a private placement, and more recently we were awarded a NOK 81 million...

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Varonis Announces New Location in Cork and Expects to Double Headcount to 120 Employees Over Next Three Years

NEW YORK, June 08, 2021 (GLOBE NEWSWIRE) — Varonis Systems, Inc. (Nasdaq: VRNS), a pioneer in data security and analytics, announced the opening of its new and expanded office space in Cork City at Penrose Dock. Varonis is expected to double its employee headcount, creating approximately 60 jobs – ranging from tech support, research and development, human resources, and sales – over the next three years. An Taoiseach Micheál Martin TD said: “I’m delighted to welcome today’s announcement by Varonis of the opening of its new and expanded office space in Cork City, at Penrose Dock, along with the creation of 60 new jobs over the next three years. This is very welcome news for Cork and is a testament to Cork and Ireland’s continued attractiveness for high-quality investment and jobs.” Tánaiste and Minister for Enterprise Trade &...

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Virgil’s™ Launches Three New Zero Sugar Flavors to Kick Off Summer

Handcrafted Beverage Leader Expands Portfolio of Zero Sugar SodasVirgil’s™ Launches Three New Zero Sugar Flavors to Kick Off SummerHandcrafted Beverage Leader Expands Portfolio of Zero Sugar SodasNORWALK, Conn., June 08, 2021 (GLOBE NEWSWIRE) — Virgil’s™, a naturally bold line of craft sodas from Reed’s Inc.® (NASDAQ: REED), today announces the launch of three new Zero Sugar, Ketogenic Certified varieties: Grapefruit, Dr. Better and Ginger Ale. Soda smarter this summer! Crafted with premium, natural ingredients, these mouthwatering new flavors can be experienced straight from the can, over ice, or mixed with a low-calorie cocktail. The new sodas provide drinkers with that feel good, zero-guilt, satisfying twist on classic delights, including:Virgil’s™ Zero Sugar Grapefruit Soda: Crisp, tangy and...

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Vulcan Minerals Inc. Announces $4,000,000 Financing

ST. JOHN’S, Newfoundland and Labrador, June 08, 2021 (GLOBE NEWSWIRE) — Vulcan Minerals Inc. (“the Company” – “Vulcan” TSX-V: VUL), has arranged a non brokered private placement for proceeds of $4,000,000 by way of issuance of 20,000,000 units at $0.20 consisting of one common share and one common share purchase warrant exercisable at $0.30 for a period 30 months following the close of the offering. In the event that the closing price of the company’s shares on the TSX Venture Exchange is $0.50 or greater per share during any 10 consecutive trading day period at any time subsequent to four months and one day after the closing date, all warrants in this offering will expire at 4:00 pm Newfoundland time on the 30th day after the date on which the company provides notice of such accelerated expiry to the holders of the warrants. Mr....

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