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Month: July 2021

Agrico Acquisition Corp. Announces Pricing of $125 Million Initial Public Offering

Houston, Texas , July 07, 2021 (GLOBE NEWSWIRE) — Agrico Acquisition Corp. (the “Company”), a newly organized blank check company incorporated as a Cayman Islands exempted company and led by Chairman and CEO Brent de Jong, today announced the pricing of its initial public offering of 12,500,000 units at an offering price of $10.00 per unit, with each unit consisting of one Class A ordinary share of the Company and one-half of one redeemable warrant. Each whole warrant will entitle the holder thereof to purchase one Class A ordinary share at $11.50 per share. The units are expected to trade on the Nasdaq Capital Market (“NASDAQ”) under the ticker symbol “RICOU” beginning July 8, 2021. Once the securities comprising the units begin separate trading, the Class A ordinary shares and the warrants are expected to be traded on the NASDAQ...

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GWG Holdings Announces Receipt of Notice from Nasdaq Regarding Potential Delisting

DALLAS, July 07, 2021 (GLOBE NEWSWIRE) — GWG Holdings, Inc. (Nasdaq: GWGH) today announced that it received a Staff Determination letter from the Listing Qualifications Staff of The Nasdaq Stock Market LLC indicating that the Company had not established compliance with Rule 5620(a), which requires that GWG hold an annual meeting of shareholders within 12 months of the company’s fiscal year end, and Rule 5250(c)(1), because GWG has not yet filed its Form 10-K for the year ended December 31, 2020 and Form 10-Q for the period ended March 31, 2021. As a result, the Company’s common stock is subject to delisting from The Nasdaq Capital Market. The Company has requested a hearing before a Nasdaq Hearings Panel to review the Staff Determination, which request will stay the delisting of the Company’s common stock for a period of 15 days...

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Helius Medical Technologies, Inc. to Participate in the Annual World Congress of the Society for Brain Mapping and Therapeutics

Company Selected to Receive the “Pioneer in Technology Award” NEWTOWN, Pa., July 07, 2021 (GLOBE NEWSWIRE) — Helius Medical Technologies, Inc. (Nasdaq:HSDT) (TSX:HSM) (“Helius” or the “Company”), a neurotech company focused on neurological wellness, today announced it will participate in the Annual World Congress of the Society for Brain Mapping and Therapeutics, which will be held from July 8-11th in Los Angeles, California. The Company has been selected to receive the Pioneer in Technology Award during the event, an award presented by the Society to trail blazing companies who have facilitated the development of pioneering technologies through interdisciplinary approaches that have impacted diagnostics, treatment and healthcare delivery in unprecedented ways. Dr. Jonathan Sackier, Helius’ Co-Founder and Medical Advisor, will...

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Educational Development Corporation Announces Record First Quarter Fiscal Year 2022 Results

TULSA, Okla., July 07, 2021 (GLOBE NEWSWIRE) — Educational Development Corporation (“EDC”, or the “Company”) (NASDAQ: EDUC) (http://www.edcpub.com) today reports record first quarter net revenues and increased earnings per share results for the quarter ended May 31, 2021. First Quarter Highlights Compared to the Prior Year First QuarterNet revenues of $40.8 million, an increase of $2.5 million, or 6.5%, compared to $38.3 million. Average active UBAM sales consultants totaled 55,100. Earnings before income taxes were $4.7 million, an increase of $2.1 million, or 80.8%, compared to $2.6 million. Net earnings totaled $3.4 million, compared to $1.9 million, an increase of $1.5 million, or 78.9%. Earnings per share totaled $0.41, compared to $0.23, up 78.3% on a fully diluted basis.“I am truly pleased by our record breaking fiscal...

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Evaxion Biotech to Host Conference Call on EVX-01 and EVX-02 Phase 1/2a Data on July 8

COPENHAGEN, Denmark, July 07, 2021 (GLOBE NEWSWIRE) — Evaxion Biotech A/S (NASDAQ: EVAX), a clinical-stage biotechnology company specializing in the development of AI-driven immunotherapies to improve the lives of patients with cancer, bacterial diseases and viral infections, announced today that it will hold a conference call to discuss Phase 1/2a data on EVX-01 and EVX-02 on Thursday, July 8, 2021. Lars Wegner, CEO of Evaxion, Glenn Vraniak, CFO, and Niels Iversen Moller, co-founder and CBO, will host the call, at 8:00 a.m. EDT. To dial in for the conference call, please use the following details: Date: July 8, 2021Time: 8:00 AM EDTUS Dial-in: 877-407-0792International Dial-in: + 1-201-689-8263Conference ID: 13720456Webcast: http://public.viavid.com/index.php?id=145224 Slides will accompany the event and a live webcast of the...

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Parex Announces Ecopetrol Block Partnership, GHG Emissions Intensity Reduction Targets & Implements Quarterly Dividend

Figure 1: Location of Parex existing block (Capachos) and newly acquired farm-in Blocks (Arauca & LLA-38) in the Northern Llanos Basin.The prolific Arauca province contains significant development and established infrastructure to support growth. Total cumulative production to date from the Arauca province is approximately 1.5 billion barrels. (Source: SierraColEnergy.com)CALGARY, Alberta, July 07, 2021 (GLOBE NEWSWIRE) — Parex Resources Inc. (“Parex” or the “Company”) (TSX:PXT) is a company headquartered in Calgary that focuses on sustainable, profitable, and conventional oil and gas production. All amounts herein are in United States dollars (“USD”) unless otherwise stated. Strategic Partnership Agreements with Ecopetrol in Colombia’s Arauca Province: Accessing High Quality Llanos Basin Development &...

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Centerra Gold Brings Additional Claims in Arbitration Against the Kyrgyz Republic and Names Kyrgyzaltyn JSC as a Co-Respondent over Seizure of the Kumtor Mine

TORONTO, July 07, 2021 (GLOBE NEWSWIRE) — Centerra Gold Inc. (“Centerra” or the “Company”) (TSX: CG) (NYSE: CGAU) announced today that it has brought additional claims against the government of the Kyrgyz Republic in binding arbitration and asserted claims against the state-owned entity Kyrgyzaltyn JSC in response to the wrongful expropriation of the Kumtor Mine. Among other relief, the Company’s amended Notice of Arbitration seeks to hold the Kyrgyz government and Kyrgyzaltyn JSC responsible for any and all losses and damages that result from their coordinated campaign to seize the gold mine in violation of longstanding investment agreements and without compensation to Centerra. The amended notice adds claims against Kyrgyzaltyn JSC, the gold refining monopoly in the Kyrgyz Republic and Centerra’s largest shareholder. It asserts...

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ValOre Announces Additional Platinum Group Assay Results from Pedra Branca Drilling:

57.35 m grading 1.00 g/t 2PGE+Au at Trapia 1 target VANCOUVER, British Columbia, July 07, 2021 (GLOBE NEWSWIRE) — ValOre Metals Corp. (“ValOre”; TSX‐V: VO; OTC: KVLQF; Frankfurt: KEQ0, “the Company”) today announced additional Platinum Group Element (“PGE”, “2PGE+Au”) assay results from the ongoing 8,000-metre (“m”) drill program at ValOre’s 100%-owned Pedra Branca PGE Project (“Pedra Branca”) in northeastern Brazil. “ValOre’s core drilling at Trapia 1 in 2020 and 2021 has been a great success, with 90% of holes drilled (18 of 20) returning consistent PGE grade and continuity of mineralization outside of the previously defined area hosting the 2019 NI 43-101 inferred resource,” stated ValOre’s VP of Exploration, Colin Smith. “Given the compelling assay results received to date, we will return both core rigs to Trapia 1 following...

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Vista Gold Corp. Announces US$8 Million Bought Deal Offering

DENVER, July 07, 2021 (GLOBE NEWSWIRE) — Vista Gold Corp. (NYSE American and TSX: VGZ) (“Vista” or the “Company”) is pleased to announce that it has entered into an underwriting agreement with a syndicate of underwriters with H.C. Wainwright & Co. acting as sole book-running manager and representative of the underwriters, under which the underwriters have agreed to purchase in a public offering on a firm commitment basis 7,272,728 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$8,000,000 (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...

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Firan Technology Group Corporation (“FTG”) Announces Second Quarter 2021 Earnings Release and Conference Call Dates

TORONTO, July 07, 2021 (GLOBE NEWSWIRE) — Firan Technology Group Corporation (TSX:FTG) will release the second quarter 2021 financial results after market closes on Wednesday, July 14, 2021. The Corporation will host a live conference call on Thursday, July 15, 2021 at 8:30am (Eastern) to discuss the second quarter 2021 financial results. Anyone wishing to participate in the call should dial 647-427-2311 or 1-866-521-4909 and identify that you are calling to participate in the FTG conference call. The Chairperson is Mr. Brad Bourne. A replay of the call will be available until August 15, 2021 and will be available on the FTG website at www.ftgcorp.com. The number to call for a rebroadcast is 416-621-4642 or 1-800-585-8367, Conference ID 1169927. ABOUT FIRAN TECHNOLOGY GROUP CORPORATION FTG is an aerospace and defense electronics...

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