Month: June 2021

SIOUX FALLS, S.D., June 29, 2021 (GLOBE NEWSWIRE) — MetaBank®, N.A., an industry leading financial enablement company, announced the promotion of Christopher Soupal to Commercial Finance Division President. He will report to Brett Pharr, co-president and Chief Operating Officer of MetaBank. Soupal brings more than 20 years of finance and capital management experience to the new role. He will lead all aspects of Commercial Finance, including the Crestmark and AFS/IBEX divisions as well as commercial operations. “Chris has shown a proven ability to expand our commercial finance business into niche sectors with innovative applications of our lending products,” said Pharr. “He is a true asset to our business, our clients, and is well-deserving of this new role.” Soupal joined Crestmark in 2014 as national sales director of the newly...

LONDON and BOSTON, June 29, 2021 (GLOBE NEWSWIRE) — OKYO Pharma Limited (LSE: OKYO; OTCQB: EMMLF), a biotechnology company focused on the discovery and development of novel molecules to treat inflammatory dry eye diseases and ocular pain, is pleased to announce that it has retained the services of Ora, Inc., a world-class ophthalmology contract research organization (“CRO”), to guide the company’s upcoming product development and lead the regulatory strategy of OK-101 for the treatment of dry eye. OK-101, OKYO’s lead pre-clinical compound is a novel long-acting GPCR-based anti-inflammatory drug candidate. Dry eye is a multifactorial disease that results in ocular discomfort and tear film instability that can lead to ocular surface damage. It is often a chronic problem, particularly in older adults, and is expected...

Vow ASA has through its subsidiary Scanship been awarded a contract with the French shipyard Chantiers de l’Atlantique for the delivery of advanced wastewater purification system to be installed on the seventh newbuild for Royal Caribbean International Oasis class of ships. This newbuild is planned to be the largest cruise ship in the world when it launches in 2026. “This contract is a result of a more than 20 years cooperation with Chantiers de l’Atlantique and a true partnership with Royal Caribbean International within advanced wastewater purification. It also strongly signals a cruise industry planning for future growth with continuous focus on environmental sustainability and the health of our oceans”; says Vow ASA CEO Henrik Badin in a statement.For more information, please contact Henrik Badin, CEO, Vow ASATel: + 47 90 78 98 25Email:...

Electromagnetic Geoservices ASA (“EMGS” or the “Company”) is pleased to announce that the Company has secured an additional USD 1.2 million in prefunding for the upcoming Utsira High North Sea multi-client survey. The prefunding revenue is expected to be recognised in the fourth quarter of 2021. Additionally, the Company has also secured USD 0.8 million in late sales related to the North Sea multi-client data library. The late sale revenue will be recognised in the second quarter of 2021. CEO of EMGS, Bjørn Petter Lindhom, comments: “These new multi-client contracts and the previously announced international late sale frame agreement, further demonstrates the benefit and value-add of EMGS’ data and services for our customers, and the value of our existing multi-client library. Going forward, EMGS will continue to invest in new and financially...

COLUMBUS, Ohio, June 29, 2021 (GLOBE NEWSWIRE) — L Brands, Inc. (“L Brands”) (NYSE: LB) announced today that its subsidiary, Victoria’s Secret & Co. (“Victoria’s Secret”), is offering to sell $500 million aggregate principal amount of senior notes due 2029 (the “Notes”) in a private placement offering to eligible purchasers, subject to market and other conditions. Victoria’s Secret is a recently formed company, which L Brands intends to separate from its current business by means of a spin-off to its shareholders (the “Separation”). Upon the completion of the Separation, Victoria’s Secret intends to use the net proceeds from the offering of the Notes, after deducting discounts and commissions to the initial purchasers of the Notes and estimated offering expenses, to fund a portion of a cash payment to L Brands. Pending completion...

Octopus Titan VCT plc (“Company” or “Titan”) 29 June 2021 Disposal of stake in Semafone Ltd The Board of Octopus Titan VCT plc is pleased to announce that Semafone Ltd has been acquired by Livingbridge. The exit represents an 8.5x return on Octopus Titan VCT plc’s initial investment, and a 7.5x return on the total investment, representing an IRR of 25%. The resulting cash proceeds attributable to Titan are not materially different from the value at which Titan currently holds its investment in Semafone. Semafone provides software to contact centres so they can collect personal data securely over various communication channels, including telephone and chat. Titan first invested in 2010 and participated in two further rounds of investment. Cumulatively, Titan invested £3.59m in Semafone. This demonstrates the important role that VCTs play...

HIGH POINT, N.C., June 29, 2021 (GLOBE NEWSWIRE) — vTv Therapeutics Inc. (Nasdaq: VTVT) a clinical-stage biopharmaceutical company focused on the development of orally administered treatments for type 1 diabetes and psoriasis, today announced that it will be presenting data from the clinical development of HPP737 as a treatment for psoriasis in a poster presentation at the 6th World Psoriasis & Psoriatic Arthritis Conference held virtually June 30 – July 3, 2021 in Stockholm, Sweden. Poster Details:Poster Title: Pharmacokinetics and Pharmacodynamics of the Phosphodiesterase 4 (PDE4) Inhibitor HPP737 Following Single-dose Oral Administration in Healthy Subjects Presenting author: Aaron Burstein, PharmD ID: 35201 Topic: 4. Current and new therapeutic modalitiesThe poster will be added to vTv’s website following the presentation...

TORONTO, June 29, 2021 (GLOBE NEWSWIRE) — Auxly Cannabis Group Inc. (TSX- XLY) (OTCQX: CBWTF) (“Auxly” or the “Company“) announced today the voting results from its annual general and special meeting of shareholders held on June 28, 2021 (the “Meeting”). A total of 132,758,409 common shares of the Company, representing 17.62% of the issued and outstanding common shares of the Company, were voted in connection with the Meeting by shareholders and proxy holders. All of the matters put forward before the Company’s shareholders for consideration and approval, as set out in the Company’s information circular dated May 20, 2021 (the “Circular”), were approved by the requisite majority of the votes cast at the Meeting. The results are set out below. Each of the directors listed as a nominee in the Circular was...

Figure 1Gaudet-Fenelon JVMONTREAL, June 29, 2021 (GLOBE NEWSWIRE) — Midland Exploration Inc. (“Midland”) (TSX-V: MD), in partnership with Probe Metals Inc. (“Probe”), is pleased to announce the start of an important drilling program to test new high-priority targets on the Gaudet-Fenelon project. This project is located less than 5 kilometres south of the Fenelon Gold project held by Wallbridge Mining Company Ltd and is a 50/50 joint venture between Midland and Probe. The Gaudet-Fenelon project covers more than 35 kilometres of favourable yet underexplored structures in the vicinity of the Lower Detour Fault, and is located immediately south of the Fenelon Gold deposit where Wallbridge is currently completing a resource estimate. Highlights:Regional geochemical surveys identified several new high-priority targets...