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Day: August 3, 2021

Juggernaut Commences Drilling of Two Extensive High-Grade Gold-Silver Targets in Northwest B.C.

VANCOUVER, British Columbia, Aug. 03, 2021 (GLOBE NEWSWIRE) — Juggernaut Exploration Ltd. (TSX-V: JUGR) (OTCQB: JUGRF) (FSE: 4JE) (the “Company” or “Juggernaut”) is pleased to report it has commenced inaugural diamond drill programs at each of its 100% controlled GoldStandard and Goldstar projects. Drilling is designed to test newly discovered extensive high-grade gold-silver zones to depth. These projects are situated in the prolific mineralized terrain of northwestern British Columbia and are located in close proximity to infrastructure providing for cost effective exploration. GOLDSTANDARD PROPERTY: GOLDZILLA HINGE ZONE DRILL TARGET #1 100m long by up to 20m wide Hinge Zone containing high grade gold mineralization of up to 6.00 g/t AuEq over 12m including 5m of 13.03 g/t AuEq and 1m of 31.66 AuEq (schematic of hinge zone)....

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A Constructive First Meeting Between GSLR and Canada Carbon

GRENVILLE-SUR-LA-ROUGE, Quebec, Aug. 03, 2021 (GLOBE NEWSWIRE) — Canada Carbon Inc. (“the Company” or “Canada Carbon” or “CCB”) (TSX-V:CCB), (FF:U7N1), and the Municipality of Grenville-sur-la-Rouge (“GSLR”) are pleased to announce that they held a meeting on July 27, 2021 to begin a meaningful dialogue. Virtually all previous interactions between the parties were limited to correspondence via emails and letters and can be found on the Miller Project website in the Document Library under the Agreement with GSLR tab.   In its notification of a change in preliminary orientation, La Commission de Protection du territoire Agricole du Quebec (“CPTAQ”) indicated that additional information was required from Canada Carbon in order for its zoning change application to be appropriately reviewed. The additional data that Canada Carbon plans...

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Complete Response Letter Received from FDA for Treosulfan

TORONTO and CHICAGO and WEDEL, Germany, Aug. 03, 2021 (GLOBE NEWSWIRE) — Medexus Pharmaceuticals Inc. (“Medexus” or the “Company”) (TSX: MDP) (OTCQX: MEDXF) and medac GmbH (“medac”) announced today that medac, Medexus’ licensor for treosulfan, has received a Complete Response Letter (CRL) from the Food and Drug Administration (FDA) in response to its New Drug Application (NDA) for treosulfan. As previously disclosed, the NDA was submitted for use of treosulfan in combination with fludarabine as a preparative regimen for allogeneic hematopoietic stem cell transplantation (allo-HSCT), and both Medexus and medac had been optimistic that a positive decision from the FDA in connection with a planned Prescription Drug User Fee Act (“PDUFA”) date on August 11th would allow for a commercial launch of treosulfan in U.S. later this year. However,...

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EbixCash Announces Appointment of Eminent Career Banker – Sunil Srivastav to Its Board of Directors

NOIDA, India and JOHNS CREEK, Ga., Aug. 03, 2021 (GLOBE NEWSWIRE) — EbixCash Private Limited, a subsidiary of Ebix, Inc. (NASDAQ: EBIX), a leading international supplier of On-Demand software and E-commerce services to the insurance, financial, healthcare and e-learning industries today announced the appointment of Mr. Sunil Srivastav, as a new independent director to the EbixCash Board. Sunil is a career banker, having retired as Deputy Managing Director of the Corporate Accounts Group at India’s largest bank – State Bank of India (SBI), after serving the bank for 38 years. Sunil brings a vast repertoire of experience across the international banking sector having spent a major part of his career in corporate banking at SBI, investment banking at SBI Capital Markets Ltd., besides a 5 year stint at SBI’s New York office. Sunil...

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Atlantica Reports Second Quarter 2021 Financial Results

Revenue for the first half of 2021 increased by 31.2% year-over-year up to $611.2 million, and an increase of 13.5% year-over-year on a comparable basis1. Adjusted EBITDA including unconsolidated affiliates was $404.2 million in the first half of 2021, a 6.3% year-over-year increase. Net loss for the first half of 2021 attributable to the Company was $6.8 million, compared with a net loss of $28.2 million in the first half of 2020. Cash available for distribution (“CAFD”) increased by 12.9% year-over-year up to $109.9 million in the first half of 2021. $400 million in Green Senior Notes successfully closed in May, extending part of our corporate debt maturity from 2025 to 2028. Closed the previously announced investments in Coso, a 135 MW contracted renewable energy plant in California, and a 49% interest in a 596 MW portfolio of wind...

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Tauriga Sciences Inc. Confirms That It’s on Pace for a Strong Quarter From Its Retail Business

The Company’s Current Operating Quarter is Its 2nd Fiscal Quarter 2022 (Period: July 1, 2021 – September 30, 2021) NEW YORK, NY, Aug. 03, 2021 (GLOBE NEWSWIRE) — via NewMediaWire — Tauriga Sciences, Inc. (OTCQB: TAUG) (“Tauriga” or the “Company”), a New York based diversified Life Sciences Company, has today confirmed that it’s on pace for a strong Quarter from its retail business.  The Company’s current operating Quarter is its 2nd Fiscal Quarter 2022 (Period: July 1, 2021 – September 30, 2021). During the month of July 2021, the Company has experienced acceleration in both demand and interest, for its enhanced products and product lines as well as its innovative, newly introduced, product offerings.  The Company has also been successful in integrating cost saving measures into its manufacturing processes, without even...

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Mimecast Announces First Quarter 2022 Financial Results

LEXINGTON, Mass., Aug. 03, 2021 (GLOBE NEWSWIRE) — Mimecast Limited (NASDAQ: MIME), a leading email security and cyber resilience company, today announced financial results for the first fiscal quarter ended June 30, 2021. First Quarter 2022 HighlightsAchieved total revenue of $142.5 million, up 24% year-over-year on a GAAP basis and 15% in constant currency. Solid execution of multi-product strategy drove average services per customer to 3.6 from 3.4 in the same quarter last year. Increased average order value per customer to $14,000, up approximately 9% year-over-year in constant currency. Achieved a net revenue retention rate of 105% driven by upsell of 113%, with strength across the Email Security 3.0 solution framework, including DMARC Analyzer, Awareness Training and CyberGraph™. Generated $40.7 million in operating cash...

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HSN, Home Depot, Lowes, Sam’s Club, and BJ’s Wholesale to Carry Motorola Home Networking Products

moto syncMinim Inc. “is finding a ready market for its smart and secure networking solutions.” — Jennifer Kent, VP Research at industry analyst firm Parks Associates.Minim adds these five new retailers to its U.S. sales footprint including Amazon, Best Buy, Staples, Walmart and more MANCHESTER, NH, Aug. 03, 2021 (GLOBE NEWSWIRE) —  via NewMediaWire — Minim, Inc. (NASDAQ: MINM), the creator of intelligent networking products under the globally recognized Motorola brand, today announced a significant expansion of its U.S. retail footprint. Starting today and throughout the summer, Motorola home networking products are launching in Home Shopping Network (HSN), The Home Depot, Lowe’s, Sam’s Club, and BJ’s Wholesale Club.   These additional top-tier retailers join Amazon, Best Buy, B&H, Micro...

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Monarch Mining Corporation Announces a $13.5 Million Financing With Investissement Québec

Three-year term loan agreement with a maximum annual interest rate of 6% to restart the Beaufor Mine and the Beacon Mill. Monarch continues to strengthen its financial position, with over $43 million in cash and cash equivalents.MONTREAL, Aug. 03, 2021 (GLOBE NEWSWIRE) — MONARCH MINING CORPORATION (“Monarch” or the “Corporation”) (TSX: GBAR) (OTCQX: GBARF) is pleased to announce that it has entered into a $13.5 million senior secured term loan agreement (the “Loan”) with Investissement Québec. The Loan has a three-year term and bears interest at an annual rate of 6% until the restart of the Beaufor Mine and Beacon Mill, 5% during the first year of production and 4% for the subsequent years, subject to certain pre-established terms and conditions. “We are delighted to have received financial support from Investissement Québec...

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Titan Fixes $1.35/lb Zinc Price for 50% of H2 2021 Forecasted Production

VANCOUVER, British Columbia, Aug. 03, 2021 (GLOBE NEWSWIRE) — Titan Mining Corporation (TSX: TI) (“Titan” or the “Company”) today announced that it has entered into a fixed zinc pricing arrangement pursuant to its existing offtake agreement with an affiliate of Glencore plc for approximately 50% of the Company’s forecasted zinc production for the second half of 2021. The arrangement is for a six-month period covering July 2021 to December 2021 at a price of $1.35 per pound of zinc. Don Taylor, President and CEO, commented, “With Titan’s plans to retire a portion of debt and initiate a dividend in the second half of 2021, locking in a portion of our cashflows while maintaining significant exposure to upside movements in the zinc price and adding downside protection will support Titan in delivering on its financial objectives for...

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