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Day: July 8, 2021

Video on Demand Market to Reach $159.62 Billion by 2027; Presence of Several Large Scale Companies will Provide Impetus to Market Growth, says Fortune Business Insights™

Top Players in the global video on demand Market are Alphabet, Inc., Amazon Web Services, Inc., Apple, Inc., Catchplay, CinemaNow, Comcast Corporation, Eros International plc, Fandango Media, LLC, Filmdoo, Gulf DTH FZ LLC, Home Box Office, Inc., HOOQ, Icflix, Iflix, IndieFlix Group, Inc., Joyn GmbH, KWIKmotion, LeEco, Muvi LLC, Netflix, Inc., Rakuten, Inc., Roku, Inc., Tencent Video, Tving, Vivendi, VUDU, Inc., Walt Disney Company, Watcha Play, Youku Tudou, Inc. Pune, India, July 08, 2021 (GLOBE NEWSWIRE) — The global video on demand market size is projected to reach USD 159.62 billion by the end of 2027. The market was worth USD 53.96 billion in 2019 and will exhibit a CAGR of 14.8% during the forecast period, 2020-2027. The increasing smartphone penetration across the world will create several opportunities for market growth....

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PowerTap Completes Steam Methane Reformer Design

Picture 1Figure 1VANCOUVER, British Columbia and IRVINE, Calif., July 08, 2021 (GLOBE NEWSWIRE) — PowerTap Hydrogen Capital Corp. (NEO: MOVE)(FWB: 2K6)(OTC: MOTNF) (“PowerTap” or the “Company” or “MOVE”) is pleased to announce that its wholly-owned subsidiary, PowerTap Hydrogen Fueling Corp. (“PowerTap Fueling”) has completed the engineering design of the PowerTap Gen3 making significant improvements in its steam methane reformer (SMR) that increases the production of hydrogen, reduces feedstock requirements, and extends the life of the SMR. The design of the SMR remains subject to revisions, pending the successful manufacturing of a prototype that achieves all of the functionalities as intended. The diagram below illustrates the current design of the SMR. Specific innovations include:The improvement...

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Drilling Fluids Market to Reach USD 13.61 Billion by 2028 Owing to Increasing Investment in Development of Product Globally, says Fortune Business Insights™

Key companies covered in drilling fluids market are Schlumberger (U.S.), Halliburton (U.S.), Newpark (U.S.), Baker Hughes (U.S.), TETRA Technologies, Inc. (U.S.), Canadian Energy Services (Canada), NOV (U.S.), Secure Energy (Canada), Weatherford (U.S.), Q’Max Solutions Inc. (U.S.), Global Drilling Fluids and Chemical Limited (India), Sagemines, Scomi Group Bhd (Malaysia), Catalyst Middle East (Dubai), Flotek Industries, Inc. (U.S.) and others Pune, India, July 08, 2021 (GLOBE NEWSWIRE) — The global drilling fluids market size is expected to experience significant growth by reaching USD 13.61 billion by 2028. Fortune Business Insights, in its report titled “Drilling Fluids Market, 2021-2028.”, observes that the high demand for energy and the increasing investment in the development of advanced drill fluid chemicals is propelling...

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Vista Gold Corp. Increases Previously Announced Bought Deal Offering to $13.5 Million

DENVER, July 07, 2021 (GLOBE NEWSWIRE) — Vista Gold Corp. (NYSE American and TSX: VGZ) (“Vista” or the “Company”) is pleased to announce that, due to demand, the underwriters have agreed to increase the size of the previously announced public offering and purchase on a firm commitment basis 12,272,730 units of the Company (the “Units”) at a public offering price of US$1.10 per Unit, less underwriting discounts and commissions, for aggregate gross proceeds of approximately US$13,500,000 (the “Offering”). Each Unit consists of one common share in the capital of the Company (each, a “Common Share”) and one-half of one Common Share purchase warrant (each whole warrant, a “Warrant”). Each Warrant will be exercisable immediately upon issuance for thirty six months and entitle the holder thereof to purchase one Common Share upon exercise...

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Magnite to Announce Second Quarter 2021 Financial Results on August 5, 2021

LOS ANGELES, July 07, 2021 (GLOBE NEWSWIRE) — Magnite (Nasdaq: MGNI), the largest independent sell-side advertising platform, will announce its financial results for the quarter ended June 30, 2021 after the market close on Thursday, August 5, 2021. The Company will host a conference call at 1:30 PM (PT) / 4:30 PM (ET) the same day to discuss its financial results and outlook.Live conference call    Toll free number:   (844) 875-6911 (for domestic callers)Direct dial number:   (412) 902-6511 (for international callers)Passcode:   Ask to join the Magnite conference callSimultaneous audio webcast   http://investor.magnite.com, under “Events and Presentations”     Conference call replay    Toll Free number:   (877) 344-7529 (for domestic callers)Direct dial number:   (412) 317-0088 (for international callers)Passcode:   10158472Webcast...

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Apellis Announces Agreements to Exchange Approximately $198.6 Million in Principal Amount of Its 3.500% Convertible Senior Notes Due 2026 for Common Stock

WALTHAM, Mass., July 07, 2021 (GLOBE NEWSWIRE) — Apellis Pharmaceuticals, Inc. (Nasdaq:APLS), a global biopharmaceutical company and leader in targeted C3 therapies, today announced that it has entered into separate, privately negotiated exchange agreements with certain holders of its 3.500% Convertible Senior Notes due 2026 (the “Notes”). Under the terms of these exchange agreements, the holders have agreed to exchange with Apellis approximately $198.6 million in aggregate principal amount of Notes held by them for (i) 4,530,431 shares of Apellis’ common stock, which is equal to 22.8065 shares per $1,000 principal amount of Notes exchanged plus (ii) an additional number of shares of Apellis’ common stock per $1,000 principal amount of Notes exchanged equal to the quotient of (a) $449.64 divided by (b) the average of the daily...

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Jourdan Closes Private Placement Flow-Through Financing

NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES TORONTO, July 07, 2021 (GLOBE NEWSWIRE) — Jourdan Resources Inc. (TSX-V: JOR) (“Jourdan” or the “Company”) is pleased to announce that it has closed its non-brokered private placement flow-through financing for gross proceeds of $720,000 (the “Offering”). For more information about the Offering, please see the Company’s press release dated May 27, 2021, which is available under the Company’s profile on SEDAR at www.sedar.com. Pursuant to the Offering, Jourdan issued 14,400,000 units (each, a “Unit”) at a price of $0.05 per Unit. Each Unit was issued on a “flow-through basis” and consists of one common share of the Company and one-half of one common share purchase warrant (each whole warrant, a “Warrant”). Each Warrant entitles the holder...

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Confectionery Market to Hit $242.53 Billion by 2028; Growing Popularity of Convenience Foods to Aid Market Expansion, Says Fortune Business Insights™

Top companies covered in the confectionery market report are Barry Callebaut (Zürich, Switzerland), Ferrero SpA (Alba, Italy), Nestle S.A. (Vevey, Switzerland), Mondelez International, Inc. (Illinois, U.S.), Meiji Holdings Co., Ltd. (Tokyo, Japan), The Hershey Company (Pennsylvania, U.S.), Chocoladefabriken Lindt & Sprungli AG (Zürich, Switzerland), Ezaki Glico Co., Ltd. (Osaka, Japan), HARIBO GmbH & Co. KG (Bonn, Germany), Pladis Global (London, U.K.) and more players profiled. Pune, India, July 07, 2021 (GLOBE NEWSWIRE) — The global confectionery market size is projected to reach USD 242.53 billion by 2028, registering a CAGR of 3.8% during the forecast period. Rising health consciousness among consumers will play a key role in augmenting the growth of this market, shares Fortune Business Insights™ in its recent report,...

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AgriFORCE Growing Systems Ltd. Announces Pricing of $13.6 Million Initial Public Offering and Nasdaq Listing

VANCOUVER, Canada, July 07, 2021 (GLOBE NEWSWIRE) — AgriFORCE Growing Systems Ltd. (“AgriFORCE” or the “Company”) (Nasdaq:AGRI;AGRIW), today announced the pricing of an initial public offering of 2,719,999 units, each consisting of one common share and one Series A warrant to purchase one common share, at a public offering price of $5.00 per unit for aggregate gross proceeds of approximately $13.6 million, prior to deducting underwriting discounts, commissions, and other offering expenses. In addition, the Company has granted the underwriters a 45-day option to purchase up to an additional 407,999 units, which consists of an aggregate amount of 407,999 common shares and/or Series A warrants to purchase up to 407,999 common shares, at the public offering price less the underwriting discounts and commissions....

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Medivolve Announces Private Placement Financing of up to $12 Million

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES TORONTO, July 07, 2021 (GLOBE NEWSWIRE) — Medivolve Inc. (“Medivolve” or the “Company”) (NEO:MEDV; FRA:4NC) is pleased to announce a non-brokered private placement offering of units (the “Units”) at a price of $0.07 per Unit for aggregate gross proceeds of up to $12 million (the “Offering”). Each Unit will consist of one common share of the Company and one common share purchase warrant (a “Warrant”). Each whole Warrant will entitle the holder thereof to acquire one common share of the Company at a price of $0.08 for a period of five years following the closing date of the Offering. All securities issued in connection with the Offering will be subject to a statutory hold period of four-months and one day. Completion of the Offering...

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