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Day: July 19, 2021

Allied Joins Jesta Group in Completing Iconic Place Gare Viger Project in Montréal

TORONTO, July 19, 2021 (GLOBE NEWSWIRE) — Allied Properties Real Estate Investment Trust (“Allied”) (TSX:AP.UN) announced today that it will acquire the urban office component of Jesta Group’s Place Gare Viger in Montréal. Place Gare Viger is an exceptional mixed-use development located at the intersection of Old Montréal, Viger Square and the recently completed Centre Hospitalier de l’Université de Montréal (CHUM). Over the last decade, Jesta Group has transformed Gare Viger, one of the finest heritage properties in Canada, into a distinctive urban office, residential and hotel complex. Allied has entered into an agreement with Jesta Group to acquire the urban office component of the complex. Jesta Group will retain the urban residential and hotel components of the complex. Allied and Jesta Group were brought together by...

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Trailbreaker Resources Completes Phase 1 Exploration at the Atsutla Gold Project, Mobilizes to Skelly

VANCOUVER, British Columbia, July 19, 2021 (GLOBE NEWSWIRE) — Trailbreaker Resources Ltd. (TBK.V) (“Trailbreaker” or “the Company”) is pleased to announce completion of the Phase 1 exploration program at its 100%-owned Atsutla Gold project, located in northwestern British Columbia (BC). Trailbreaker will also conduct an exploration program at its 100%-owned Skelly property in 2021. The Atsutla Gold project covers over 23,000 hectares and is located 70 km south of the Yukon-BC border and 130 km northwest of the community of Dease Lake, BC. The Phase 1 exploration program involved the collection of 1,680 soil samples and 295 prospecting grab samples, as well as geological mapping. Efforts were focused on follow-up of the high-grade gold, silver, and copper discoveries made at the Willie Jack property in 2020 (see below for further...

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AdvanceTC Announces US$3.015 Billion Valuation

NEW YORK, NY, July 19, 2021 (GLOBE NEWSWIRE) — via NewMediaWire — AdvanceTC Limited (NSX:A88,OTCQB:ATCLF) (“AdvanceTC” or the “Company”) is pleased to announce that we have appointed a professional valuer, Roma Appraisals Limited (the “Valuer”), to conduct a valuation of the Company as of 26th May 2021. The valuation report (“Valuation Report”) dated 16th July 2021 stated the Company’s market value was approximately USD3.015 Billion as at 26th May 2021. The valuation is based on an income approach and discounted cash-flow model.  The Company would like to take this opportunity to thank and congratulate all its stakeholders on achieving this milestone. The report will be available on the Company’s website this week; please find below the report link.https://backend.otcmarkets.com/otcapi/company/financial-report/291793/content About...

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Medexus Appoints New Chief Financial Officer

TORONTO and CHICAGO, July 19, 2021 (GLOBE NEWSWIRE) — Medexus Pharmaceuticals Inc. (“Medexus” or the “Company”) (TSX: MDP) (OTCQX: MEDXF) is pleased to announce the appointment of Marcel Konrad as Chief Financial Officer of the Company, effective immediately. Mr. Konrad succeeds Roland Boivin, who is stepping down after nearly a decade in the role. Mr. Boivin has agreed to stay on in an advisory capacity in order to help ensure an orderly transition of responsibilities to Mr. Konrad over the next approximately three months. “I want to take this opportunity on behalf of all of us at Medexus to thank Roland for all of his efforts and dedicated service and to wish him the very best in his future endeavours,” said Ken d’Entremont, the Company’s Chief Executive Officer. “I am grateful for the opportunity to have worked with the entire...

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Cytokinetics Announces Positive Topline Results of Redwood-HCM

Figure 1Resting LVOT-GFigure 2Valsalva LVOT-GPhase 2 Clinical Trial of CK-274 Demonstrated Consistent and Clinically Meaningful Reductions in Left Ventricular Outflow Tract Gradients Within Two Weeks in Patients with Obstructive Hypertrophic Cardiomyopathy No Treatment Interruptions or Discontinuations Due to Reduction in Left Ventricular Ejection Fraction Phase 3 Registrational Trial of CK-274 Expected to Start Before Year End Company to Host Conference Call and Webcast Today at 8:30 a.m. Eastern Time SOUTH SAN FRANCISCO, Calif., July 19, 2021 (GLOBE NEWSWIRE) — Cytokinetics, Incorporated (Nasdaq: CYTK) today announced positive topline results from Cohorts 1 and 2 of REDWOOD-HCM (Randomized Evaluation of Dosing With CK-274 in Obstructive Outflow Disease in HCM), the Phase 2 clinical trial of...

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Aleafia Health Launches Premium Cannabis Brand Nith & Grand

Nith & Grand tailored to cannabis aficionados with discerning taste, and will feature craft flower and premium concentrates Initial launch features TF Pink Kush Live Resin vape cartridges Strengthened product portfolio contributing to meaningful quarterly sales growth across all sales channelsTORONTO, July 19, 2021 (GLOBE NEWSWIRE) — Aleafia Health Inc. (TSX: AH, OTCQX: ALEAF) (“Aleafia Health” or the “Company”) is pleased to announce the launch of its premium cannabis brand Nith & Grand. Featuring hang dried, hand trimmed, small batch dried flower, and premium concentrates, Nith & Grand appeals to experienced cannabis aficionados. The initial launch features TF Pink Kush Live Resin vape cartridges, which comprises a hydrocarbon extraction process utilizing fresh-frozen cannabis flower that preserves the strain’s...

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California’s NCTD exercises options to add 50 more NFI low-emission Xcelsior CNG buses in North San Diego

WINNIPEG, Manitoba, July 19, 2021 (GLOBE NEWSWIRE) — (TSX: NFI, OTC: NFYEF) — NFI Group Inc. (“NFI” or the “Company”), a leading independent bus and coach manufacturer and a leader in electric mass mobility solutions, today announced that the North County Transit District (“NCTD”) has recently exercised options for 50 New Flyer of America Inc. (“New Flyer”) Xcelsior® compressed natural gas (“CNG”) forty-foot, heavy-duty transit buses, converted from backlog. The first option conversion occurred in 2020 with 20 buses ordered, with the remaining 30 ordered in 2021. The options are part of a five-year contract with NCTD established in 2016 for up to 103 Xcelsior® CNG thirty-five or forty-foot buses. The order, supported by Federal Transit Administration funds, replaces older, end-of-life vehicles with lower-emission and more...

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Ayr Wellness Agrees to Acquire Tahoe Hydro, Adding Award-Winning Cultivators of High-Quality Flower in Nevada

NEW YORK, July 19, 2021 (GLOBE NEWSWIRE) — Ayr Wellness Inc. (CSE: AYR.A, OTC: AYRWF) (“Ayr” or the “Company”), a leading vertically integrated cannabis multi-state operator (“MSO”), has announced a Definitive Purchase Agreement (the “Purchase Agreement”) to acquire Tahoe Hydroponics Company, LLC (“Tahoe Hydro”), an award-winning cultivator and one of Nevada’s top producers of high-quality cannabis flower, and NV Green, Inc. (“NV Green”), producers of best-in-class concentrates. The transaction is subject to customary regulatory and other approvals. Tahoe Hydro operates ~33,000 square feet of total cultivation and manufacturing space in its facilities in Carson City, Nevada, and Sparks, Nevada. It grows flower and produces concentrates for some of the state’s top selling brands, including Tahoe Hydro and LIT (Lost in Translation),...

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Onex Partners Completes Majority Investment in Newport Healthcare

All amounts in U.S. dollars unless otherwise stated TORONTO, July 19, 2021 (GLOBE NEWSWIRE) — Onex Corporation (“Onex”) (TSX: ONEX) today announced that Onex Partners V has completed its acquisition of Newport Healthcare (“Newport”), in partnership with the company’s management team. Newport is a leading provider in the United States of evidence-based healing centers for teens and young adults struggling with primary mental health issues. With this transaction, Onex Partners V is approximately 60% invested. The terms of the transaction are not being disclosed. About OnexFounded in 1984, Onex manages and invests capital on behalf of its shareholders, institutional investors and high net worth clients from around the world. Onex’ platforms include: Onex Partners, private equity funds focused on mid- to large-cap opportunities in...

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Workforce Management Market Worth USD 5.25 Bn at 10.1% CAGR; Industry Leader Kronos Upgrades Offerings to Entrench Its Market Position: Fortune Business Insights™

Key Companies Covered in Workforce Management Market Research Report Are NetSuite, Inc., Verint, Cornerstone OnDemand, Inc., WorkForce Software, LLC., Automatic Data Processing, Inc., Oracle Corporation, Infor, IBM Corporation, Ultimate Software, Workday, Inc., SAP SE, Kronos, Inc. Pune, India, July 19, 2021 (GLOBE NEWSWIRE) — The global workforce management market size is projected to reach USD 5.25 billion by 2026, exhibiting a CAGR of 10.1% during the forecast period. Growing need to enhance productivity and efficiency of employees among organizations will be the central growth driver for this market, as per the new Fortune Business Insights™ report, titled “Workforce Management Market Size, Share & Industry Analysis, By Component (Software, and Services), By Deployment (On-Premise, and Cloud), By Enterprise Size (SMEs...

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