Month: June 2021

BEVERLY, Mass., June 03, 2021 (GLOBE NEWSWIRE) — LexaGene Holdings, Inc., (TSX-V: LXG; OTCQB: LXXGF) (the “Company”), a molecular diagnostics company that develops fully automated rapid pathogen detection systems, is pleased to announce it has partnered with Ethos Discovery to expand the test menu offerings that can be run on the MiQLab™ System. LexaGene’s first validated panel, namely the MiQLab™ Bacterial and AMR Test, was developed specifically for aiding in the diagnosis of urinary tract infections (UTI), one of the most common causes for veterinary visits in companion animals. This panel detects 94% of the pathogens that cause UTI in cats and dogs and screens for 13 different antimicrobial resistance targets that are useful in determining the therapies best suited for treatment. Impressed by the coverage of tests included...

The Corporation is moving into recruiting mode in preparation for the reopening of its facilities. Before operations were suspended, some 150 people worked at the Beaufor mine and 30 at the Beacon mill. Monarch will focus on operating the Beaufor Mine through two accesses (the production ramp near the mine (500 m) and the shaft), instead of the shaft access only. The Beaufor mine has produced over 1.1 million ounces of gold at an average grade of 7.50 g/t Au since it opened in the early 1930s. The 42,500-metre drilling program is ongoing, with four drills operating underground and one on surface. BBA Inc. will prepare a new resource estimate for the Beaufor mine during the summer of 2021.MONTREAL, June 03, 2021 (GLOBE NEWSWIRE) — MONARCH MINING CORPORATION (“Monarch” or the “Corporation”) (TSX: GBAR) (OTCQX: GBARF) is pleased...

VANCOUVER, British Columbia, June 03, 2021 (GLOBE NEWSWIRE) — Ceylon Graphite Corp. (“Ceylon Graphite”) (TSX-V: CYL) (OTC: CYLYF) (FSE: CCY) is pleased to announce the appointment of Mr. Rodney Stevens as Vice President, Corporate Development for the Company. Mr. Stevens is a Chartered Financial Analyst (“CFA”) charterholder with over a decade of experience in the capital markets, first as an investment analyst with Salman Partners Inc. and subsequently as a merchant and investment banker. While at Salman Partners, he became a top-rated analyst as named by StarMine on July 17, 2007 for the metals and mining industry. Mr. Stevens was also a Portfolio Manager registered with Wolverton Securities Ltd. and over the course of his career, he has been instrumental in assisting in financings and mergers and acquisitions activities worth...

Last 19 May, a notice was published to the effect that the board of directors of Skeljungur hf. had decided to invite investors to submit a non-binding offer for P/F Magn, Skeljungur’s subsidiary in the Faroe Islands; the deadline to submit offers was next 4 June. Due to increased investor interest and investors’ requests for an extended deadline, the board of Directors of Skeljungur hf. has decided to extend the deadline to submit offers for P/F Magn to next 9 June. Offers should be submitted to Kvika Bank hf.’s Corporate Finance division, Skeljungur’s advisor. The possible sale of P/F Magn is subject to the approval of a shareholders’ meeting and other conditions that the parties may set. It is uncertain what direction the matter will take, but further information will be provided as matters progress. It should be noted that the above...

Gilat to supply WI-FI services over a two-year period to the regions of Ayacucho, Apurímac, Huancavelica and CuscoGilat Addresses Critical Education Need During PandemicFirst four regions in Peru enjoy broadband provided by Gilat as part of larger government initiativePETAH TIKVA, Israel, June 03, 2021 (GLOBE NEWSWIRE) — Gilat Satellite Networks Ltd. (Nasdaq: GILT, TASE: GILT), a worldwide leader in satellite networking technology, solutions and services, announced today the award of a $13M contract by Pronatel for delivery of internet services to hundreds of sites in Peru. Gilat to supply Public Free WI-FI services over a two-year period to the regions of Ayacucho, Apurímac, Huancavelica and Cusco with a potential for significant extension and expansion to thousands of additional sites. Gilat is engaged in support...