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Day: July 20, 2021

Salona Global Medical Device Corporation Announces Plans to Acquire $11,000,000 Annual Revenue Ergonomics and Physical Therapy Clinic Equipment Business

NOT FOR DISTRIBUTION IN THE UNITED STATES OR FOR DISSEMINATION OVER UNITED STATES ‎NEWSWIRES.‎ SAN DIEGO, July 20, 2021 (GLOBE NEWSWIRE) — Salona Global Medical Device Corporation (the “Company”, “SGMD” or “Salona Global”) (TSXV: SGMD) announced today the execution of a non-binding Letter of Intent (the “LOI”) memorializing the terms and conditions of a potential acquisition of a target business (the “Target”). Under the terms of the LOI, SGMD would acquire 100% of the stock of the Target, a nationwide (U.S.) vertically integrated company founded more than a decade ago with proprietary brands and products specializing in ergonomic equipment and fittings, as well as a wide range of medical tools distributed to physical therapy clinics. According to SGMD’s due diligence, the Target had 2020 unaudited revenue in excess of $11,000,000....

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WRAP Sets Second Quarter 2021 Conference Webcast for Thursday, July 29 at 4:30 PM ET

TEMPE, Ariz., July 20, 2021 (GLOBE NEWSWIRE) — Wrap Technologies, Inc. (Nasdaq: WRAP) (the “Company”), a global leader in innovative public safety technologies and services, will hold a Zoom video webcast on Thursday, July 29, 2021 at 4:30 p.m. Eastern time to discuss its financial and operational results for the second quarter ended June 30, 2021. Financial and operational results will be issued in a press release shortly after the market closes that same day. The call will be hosted by Tom Smith, CEO and President, Jim Barnes, CFO Secretary and Treasurer, and Paul Manley, VP of Investor Relations. The newest member of the executive team, Glenn Hickman, COO, will also be introduced during the call. A question-and-answer session will take place following the prepared remarks. Date: Thursday, July 29, 2021Time: 4:30 p.m. Eastern...

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Blue Star Foods RAS Division Announces Key Operating Metrics For Existing Production Facility

Miami, Florida, July 20, 2021 (GLOBE NEWSWIRE) — Taste of BC Aquafarms, Inc., (Taste of BC), a wholly owned subsidiary of Blue Star Foods Corp., (OTC: BSFC) (“Blue Star”), an integrated Environmental, Social, and Governance (ESG) seafood company, released key operating performance metrics that it believes will help shareholders understand their Recirculatory Aquaculture System business more clearly. Average Fish Harvest WeightOver the last 6 months, ending June 30th, 2021, the average fish harvest weight has been 2.218Kg. The company targets a minimum of weight of 2kg for its Steelhead Salmon product. Each specific fish species has a different target weight, and for refence, open net Atlantic Salmon generally has an average harvest weight target weight of approximately 4.5kg(1).Average Harvest Downgrade PercentageOver the...

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EDAP Issues Letter to Shareholders

Successful financing and hiring of MedTech industry veteran Ryan Rhodes to drive accelerated U.S. expansion efforts LYON, France, July 20, 2021 — EDAP TMS SA (Nasdaq: EDAP) (“the Company”), the global leader in robotic energy-based therapies, today issued the following letter to shareholders: To my fellow shareholders: As we approach mid-year, I would like to take this opportunity to recap a few of our significant accomplishments thus far in 2021 that I believe position us to deliver accelerating long-term growth, particularly in the United States, our most important market. In April, we completed a successful secondary offering of common stock that raised gross proceeds of approximately $28 million. We intend to use the vast majority this capital to further build out of our U.S. clinical, sales and marketing infrastructure. While...

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Nobel Laureate Dr. Michael Houghton Appointed to Assembly Biosciences Board of Directors

Esteemed academic and industry virologist discovered hepatitis C virus (HCV); brings 40+ years of scientific and drug development experience SOUTH SAN FRANCISCO, Calif., July 20, 2021 (GLOBE NEWSWIRE) — Assembly Biosciences, Inc. (Nasdaq: ASMB), a clinical-stage biotechnology company developing innovative therapeutics targeting hepatitis B virus (HBV), today announced that Sir Michael Houghton, PhD, has been appointed to the company’s board of directors. Dr. Houghton was awarded the 2020 Nobel Prize in Physiology or Medicine along with two other research scientists in recognition of their discovery of the hepatitis C virus (HCV) in 1989. Dr. Houghton will also serve as a member of Assembly Bio’s Science and Technology Committee. “For more than 30 years, I’ve witnessed Mike’s perseverance and unwavering drive to solve complex scientific...

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Flint & Embers Enters Canada’s Largest Recreational Cannabis Market, Recreational Product Line Now Available in Ontario

TORONTO, July 20, 2021 (GLOBE NEWSWIRE) — MJardin Group, Inc. (CSE: MJAR) (the “Company” or “MJardin”), a leader in premium cannabis production is pleased to announce that its flagship brand, Flint & Embers, has successfully shipped its first orders of cannabis to the Ontario Cannabis Store (“OCS”) for retail sale. The OCS is Ontario’s only legal online retailer and is responsible for the wholesale distribution of recreational cannabis products to private retailers in the province. MJardin expects its Flint & Embers products to be available for purchase from private cannabis retailers throughout Ontario as well as online through the OCS at www.ocs.ca prior to the end of July 2021. The Flint & Embers brand provides high quality, small-batch cannabis made with MJardin’s best-in-class facilities. Flint &...

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DLH to Announce Third Quarter FY21 Financial Results

ATLANTA, July 20, 2021 (GLOBE NEWSWIRE) — DLH Holdings Corp. (NASDAQ: DLHC) (“DLH” or the “Company”), a leading healthcare and human services provider to the federal government, will release its financial results for the fiscal third quarter ended June 30, 2021 on August 4, 2021 after the market closes. DLH will then host a conference call for the investment community the next morning, August 5, at 10:00 a.m. Eastern Time, during which members of senior management will make a brief presentation focused on the financial results and operating trends. A question-and-answer session will follow.  Interested parties may listen to the conference call by dialing 888-347-5290 or 412-317-5256.  Presentation materials will also be posted on the Investor Relations section of the DLH website prior to the commencement of the conference call. A...

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H2O Innovation Signs a New Operation and Maintenance Contract Worth $10.4 M

All amounts in Canadian dollars unless otherwise stated. QUEBEC CITY, July 20, 2021 (GLOBE NEWSWIRE) — (TSXV: HEO) – H2O Innovation Inc. (“H2O Innovation” or the “Corporation”) is proud to announce it has recently been awarded an Operation and Maintenance (“O&M”) contract for the City of Laurel, MS (the “City”) with a total value of $10.4 M over 4 years, bringing the Corporation’s O&M sales backlog to $83.2 M. This contract was awarded as part of a call for tenders that the City launched with the aim of privatizing some of its public services. This new agreement includes O&M services for the upkeep of Laurel’s streets and drainage systems and repairs of its municipal fleet. As part of the contract, the Corporation will welcome 33 new employees as of August 1st, 2021, who are currently working for the City, to ensure...

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Infinera to Announce Fiscal Second Quarter 2021 Financial Results on August 3, 2021

SAN JOSE, Calif., July 20, 2021 (GLOBE NEWSWIRE) — Infinera Corporation (NASDAQ: INFN) announced today that it will release its financial results for the second quarter of fiscal 2021 ended June 26, 2021 after the market closes on August 3, 2021. An investment community conference call to discuss these results and Infinera’s outlook for the third quarter of fiscal 2021 will be held the same day at 5:00 p.m. ET/2:00 p.m. PT and will be accessible live and on an archived basis as follows: Fiscal Second Quarter Financial Results Conference Call and Webcast Date: Tuesday, August 3, 2021Time: 5:00 p.m. ET/2:00 p.m. PTConference call participants: register at http://www.directeventreg.com/registration/event/1896483Audio Webcast: access at investors.infinera.com, under “Events” Please join at least 10 minutes prior to the call to ensure...

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Rogers Awarded Best Wireless Network in New Brunswick and Nova Scotia

Rogers named “Best in Test” by umlaut1, global leader in mobile network testing and benchmarking Report ranks Rogers as best in overall reliability on wireless network and achieves top scores in New Brunswick and Nova Scotia Rogers was the first to bring 5G services to Atlantic Canada, reaching 12 communities across the region HALIFAX, Nova Scotia, July 20, 2021 (GLOBE NEWSWIRE) — A new study released today by umlaut, a global leader in mobile network testing and benchmarking, ranked Rogers number one among wireless carriers in New Brunswick and Nova Scotia in wireless voice, data and reliability. The results confirm that Rogers customers have access to the best wireless network experience in the two Atlantic provinces at a time when connectivity is more important than ever. With the Rogers mobile network, customers enjoy the best...

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