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Day: July 6, 2021

AREV Expands Operations to Rochester New York Establishing Wholly Owned U.S. Subsidiary, AREV Life Sciences, Inc.

VANCOUVER, British Columbia, July 06, 2021 (GLOBE NEWSWIRE) — AREV NANOTEC BRANDS INC. (CSE: AREV) (OTC: AREVF) (“AREV” or the “Company”) is pleased to announce the Company has established a wholly owned U.S. subsidiary with offices in Rochester, New York. AREV’s formation of Rochester-based AREV Life Sciences Inc., a Delaware corporation (“AREV Life Sciences”), is a successful milestone in the growth strategy of AREV. The subsidiary’s placement in Rochester, New York has multiple advantages, including adjacency to the research facilities, programs, biotechnology enterprises, and human talent associated with the University of Rochester and New York State generally. Rochester is also a geographic location with ready access to multiple important U.S. and Canadian biotech, medical, and financial hubs including New York City, Boston,...

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DENTSPLY SIRONA to Host Second Quarter 2021 Conference Call on August 5th

CHARLOTTE, N.C., July 06, 2021 (GLOBE NEWSWIRE) — DENTSPLY SIRONA Inc. (“Dentsply Sirona”) (Nasdaq: XRAY), announced today that the Company will be hosting an investor conference call and live webcast on Thursday, August 5, 2021 at 8:30 am ET to review its financial results. A presentation related to the call will be available on the Investors section of the Company’s website at https://investor.dentsplysirona.com. Conference Call / Webcast Information The live webcast will be available on the Investors section of the Company’s website at https://investor.dentsplysirona.com. For those planning to participate on the call, please dial +1-877-370-7637 for domestic calls, or +1-629-228-0723 for international calls. The conference ID # is 4184820. A replay of the conference call will be available on the Investors section of the Company’s...

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Icanic Brands Announces Record Financial Results for Period Ended April 30, 2021: California Cannabis Operations Drive 488% Increase in adjusted EBITDA From Last Quarter

Financial Highlights Period Ended April 30th, 2021:Record Q3 2021 revenue of $3.236 million, an increase of 88.4% YoY and 11.7% quarter over quarter Record Q3 2021 gross profit of $1.556 million, an increase of 100.2% YoY and 30.6% quarter over quarter Record Q3 2021 gross margin of 48.1% compared to 16.3% in Q3 2020 Record Q3 2021 positive net income of $0.198 million compared to a loss of $0.516 million in Q2 2021 Record Q3 2021 adjusted EBITDA of $0.543 million, an increase of 488% quarter over quarter*All currency references used in this are in Canadian currency unless otherwise noted VANCOUVER, British Columbia, July 06, 2021 (GLOBE NEWSWIRE) — Icanic Brands Company, Inc. (CSE: ICAN, OTCQB: ICNAF) (“Icanic Brands” or the “Company”), a multi-state brand operator of premium Cannabis brands in California and Nevada, today...

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GameStop Continues Expansion of Fulfillment Network with New Facility in Reno, Nevada

Company’s Fulfillment Network Will Span Both Coasts of Continental U.S. GRAPEVINE, Texas, July 06, 2021 (GLOBE NEWSWIRE) — GameStop Corp. (NYSE: GME) (“GameStop” or the “Company”) today announced the continued expansion of its North American fulfillment network and entry into a lease of a 530,000 square foot facility in Reno, Nevada, which is expected to be operational in 2022. The Company’s new presence in Reno, Nevada will position it to grow product offerings and expedite shipping across the west coast. This expansion follows GameStop’s entry into a lease of a 700,000 square foot facility in York, Pennsylvania. About GameStop. GameStop, a Fortune 500 company headquartered in Grapevine, Texas, is a leading specialty retailer offering games and entertainment products through its E-Commerce properties and thousands of stores. Visit www.GameStop.com to...

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Shenandoah Telecommunications Company Issues Letter to Shareholders Regarding Special Dividend

EDINBURG, Va., July 06, 2021 (GLOBE NEWSWIRE) — Shenandoah Telecommunications Company (“Shentel”) (Nasdaq: SHEN) today issued a press release with the following letter to shareholders. Dear Shareholder: Late last week, we made two significant announcements regarding your company and your investment in our stock. These announcements relate to the completion of the sale of our wireless assets and operations and the Board of Directors’ decision to declare a large special dividend. Both the sale and the special dividend are unique events in your company’s history, and I want to provide some additional information to you regarding these actions. On July 1st, we completed the sale to T-Mobile USA, Inc. of our wireless assets and operations. Cash consideration for the sale was approximately $1.94 billion, inclusive of adjustments and...

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Alliance Trust PLC – Conversion of Merger Reserve Update

Alliance Trust PLC Conversion of Merger Reserve Update Alliance Trust PLC (the “Company“) announces that the final hearing in the Court process to convert its £645 million Merger Reserve into a distributable reserve is expected to be held on 8 July 2021 (the “Final Hearing“). Further details of the proposed conversion of the Merger Reserve are set out in the Company’s notice of its 2021 annual general meeting (the “Notice“). A copy of the Notice is available on the Company’s website at www.alliancetrust.co.uk. As described in the Notice, a bonus issue (the “Bonus Issue“) of deferred shares each having a nominal value to be determined as at the date of the Bonus Issue (each a “Deferred Share“) shall occur on the evening of 7 July 2021 (being the day before the Final...

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FLYHT Receives Follow-On Order from a Long-Time OEM Partner

CALGARY, Alberta, July 06, 2021 (GLOBE NEWSWIRE) — FLYHT Aerospace Solutions Ltd. (TSX-V: FLY) (OTCQX: FLYLF) (the “Company” or “FLYHT”) has received a US$338 thousand purchase order for Iridium modems and license fees from a long-time OEM customer. This order builds upon the relationship previously discussed in press releases dated July 15, 2014, August 1, 2019 and February 18, 2020. “Receiving the order from this OEM, who has been an important partner of FLYHT’s for many years, is a positive sign of the aviation industry’s recovery,” said Gurjot Bhullar, Manager of Aircraft Systems at FLYHT. “Following a challenging 2020, we are excited to once again support our partner and continue to strengthen our business relationship. We applaud the efforts of the aviation community and will continue to provide our world-class customer support...

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Edda Wind selects MacGregor for a further two Offshore Wind Service Vessels

Edda Wind fleetEdda Wind selects MacGregor for a further two Offshore Wind Service VesselsCARGOTEC CORPORATION, PRESS RELEASE, 6 JULY 2021 AT 2:00 PM EEST Following the receipt of equipment orders for four offshore wind service vessels announced in May 2020, MacGregor, part of Cargotec, has received an additional order for another two Commissioning Service Operation Vessels (CSOV) that will further expand the Østensjø Rederi Edda Wind fleet. Both vessels will be built at the Astilleros Gondán shipyard in Asturias, Spain and are sisters of the two CSOVs currently under construction. Each identical equipment package consists of one electrical gangway system, one 3D compensated Colibri crane and a remote control station located on the vessel bridge. The order was booked into Cargotec’s second quarter of 2021 order intake...

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Mayfair Gold Commences Fenn-Gib Metallurgical Test Program

Metallurgical campaign designed to support a cost-effective processing flowsheet VANCOUVER, British Columbia, July 06, 2021 (GLOBE NEWSWIRE) — Mayfair Gold Corp. (“Mayfair” or the “Company”) (TSX-V: MFG) is pleased to announce the commencement of an advanced metallurgical test program on the Company’s Fenn-Gib gold project in the Timmins region of Northern Ontario. The Company has retained Ausenco Engineering Canada Inc. (Ausenco) to manage the metallurgical program in preparation for a Preliminary Economic Assessment (PEA). The Fenn-Gib project has previously had two metallurgical testwork campaigns, both conducted by SGS Lakefield. The first program, conducted in 2014, focused on determining the most viable processes for extracting gold from the ore, including bond ball mill work index, gravity gold recovery, flotation and cyanide...

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Arbutus Biopharma and Vaccitech Announce Clinical Trial Collaboration Agreement to Evaluate RNAi Therapeutic, AB-729, in Combination with Immunotherapeutic, VTP-300, in Subjects with Chronic Hepatitis B Virus Infection

WARMINSTER, Pa. and OXFORD, United Kingdom, July 06, 2021 (GLOBE NEWSWIRE) — Arbutus Biopharma Corporation (Nasdaq: ABUS) and Vaccitech plc (Nasdaq: VACC) today announced that the companies have entered into a clinical trial collaboration agreement to evaluate an innovative therapeutic combination for the treatment of subjects with chronic hepatitis B virus (HBV) infection (CHB) who are already receiving standard-of-care nucleos(t)ide reverse transcriptase inhibitor (NrtI) therapy. The multi-center, Phase 2a clinical trial will evaluate the safety, pharmacokinetics, immunogenicity, and antiviral activity of Arbutus’s proprietary GalNAc delivered RNAi therapeutic, AB-729, followed by Vaccitech’s proprietary immunotherapeutic, VTP-300, in NrtI-suppressed subjects with CHB. The Phase 2a clinical trial is expected to initiate in the...

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