Day: August 11, 2021

Re-entry and testing operations at the Oza-1 well continue to move forward steadily, leading the way to advancing Decklar’s overall re-entry and development plans for the Oza Oil Field. Pulling of existing tubing and 5 ½ inch casing from the Oza-1 wellbore has been successfully completed, and the 9 ⅝ inch casing was cleaned out. A cement bond log has been completed to confirm integrity of the cement behind casing, and cased hole reservoir logs have been completed and confirm the characteristics of the individual zones to be tested. Surface testing facilities are currently being installed, and it is anticipated that testing activities on the L2.6 zone are expected to commence early next week with the initial perforation and flow operations. It is anticipated that initial oil production testing will then commence, with all crude oil test...

MONMOUTH JUNCTION, N.J., Aug. 11, 2021 (GLOBE NEWSWIRE) — Advaxis, Inc. (Nasdaq: ADXS) (“Advaxis” or the “Company”), a clinical-stage biotechnology company focused on the development and commercialization of proprietary Lm-based antigen delivery products, announced that it has received a letter indicating that following the Company’s hearing before the Nasdaq Hearings Panel (the “Panel”), the Panel determined to grant the Company an extension through November 22, 2021, to comply with Nasdaq’s $1.00 Minimum Bid Price Rule and complete its previously announced merger transaction with Biosight, Ltd. (“Biosight”). On July 6, 2021, Advaxis announced that it had entered into a merger agreement with Biosight, a privately held, Israel-based pharmaceutical company developing innovative therapeutics for hematological malignancies and disorders. Pursuant...

CHICAGO, IL, Aug. 11, 2021 (GLOBE NEWSWIRE) — via NewMediaWire — Epazz Inc. (OTC: EPAZ), a mission-critical provider of blockchain cryptocurrency mobile apps and cloud-based business software solutions, announced today ZenaPay will allow users to make payments using crypto currencies easier for everyday transactions, decreasing the cost of exchange fees while supporting both virtual and physical credit and debit cards.  Consumers worldwide can enjoy flexibility using ZenaPay’s virtual debit card on their mobile device and save time and money in the process. The next release will open up access to unbanked consumers. The company will work to provide access to the hundreds of millions of people who do not have a bank account. The technology will be developed into an alternative to checking accounts. The ZenaPay Wallet app...

TORONTO, Aug. 11, 2021 (GLOBE NEWSWIRE) — BWR Exploration Inc. (TSX.V: BWR) (“BWR” or the “Company”) is pleased to announce that four exploratory drill holes totaling 929 metres of drilling have been completed on its wholly-owned Vendôme Sud Property, located in the Abitibi Region of Northern Quebec, located in Fiedmont Township, a few kilometres west of the town of Barraute, being 30 kilometres north of Val-d’Or. The property consists of 17 lot claims totaling 712.34 hectares, hosting the historic Vendôme No. 2 Nickel / Copper mineral occurrence, (aka Mogador) first tested by drilling in the 1960s. The recent drilling by BWR has confirmed that the property hosts intriguing Nickel-Copper mineralization, warranting further exploration. Some of the best historical drill intervals on the property were reported on the “A Zone” where...

VANCOUVER, British Columbia, Aug. 11, 2021 (GLOBE NEWSWIRE) — The Keg Royalties Income Fund (the “Fund”) (TSX: KEG.UN) today announced that its August 2021 distribution of $0.07 per unit has been declared and is payable to unitholders of record as at August 21, 2021. The August 2021 distribution will be paid on August 31, 2021. The Fund is a limited purpose, open-ended trust established under the laws of the Province of Ontario that, through The Keg Rights Limited Partnership, a subsidiary of the Fund, owns certain trademarks and other related intellectual property used by Keg Restaurants Ltd. (“KRL”). In exchange for use of those trademarks, KRL pays the Fund a royalty of 4% of gross sales of Keg restaurants included in the royalty pool. Vancouver-based KRL is the leading operator and franchisor of steakhouse restaurants in Canada...

Product Segment Backlog Grows as Market Continues to Improve RENO, Nev., Aug. 11, 2021 (GLOBE NEWSWIRE) — Ormat Technologies Inc. (NYSE: ORA) announced today that it has secured a contract to supply products to a 10 MW of a geothermal air-cooled Ormat Energy Converters (OEC) to Polaris Infrastructure Inc. (TSX: PIF) (“Polaris”), a Toronto-based company engaged in the operation, acquisition and development of renewable energy projects in Latin America, for the San Jacinto facility in Telica, Leon, Republic of Nicaragua. Ormat anticipates an 11-month design, manufacture, and delivery of the OEC unit. Doron Blachar, CEO of Ormat Technologies, said, “This contract expands our backlog and provides further evidence of the increase in the demand for our products after the slowdown we have experienced over the last year, mainly related...

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES TORONTO, Aug. 11, 2021 (GLOBE NEWSWIRE) — Fairfax India Holdings Corporation (“Fairfax India” or the “Company”) (TSX: FIH.U) announces today the completion of its substantial issuer bid initially announced on June 15, 2021 (the “Offer”). Fairfax India has taken up and paid for 7,046,979 subordinate voting shares (the “Shares”) at a purchase price of US$14.90 per Share (the “Purchase Price”). The Shares purchased under the Offer represent an aggregate purchase price of approximately US$105 million and represent approximately 4.7% of the total number of Fairfax India’s issued and outstanding Shares and multiple voting shares as of June 15, 2021, the date the Offer was announced. At such date, Fairfax India had 119,323,756 Shares and 30,000,000 multiple...

JERSEY, Channel Islands, Aug. 11, 2021 (GLOBE NEWSWIRE) — Quotient Limited (NASDAQ:QTNT), a commercial-stage diagnostics company (the Company), announced that Jeremy Stackawitz has notified the Company that he is resigning from his position as Chief Commercial Officer. “I would like to thank Jeremy for his dedicated support over the past 12 years, and his contribution to the success of Quotient. He has played an important role in supporting the execution of our company’s strategic vision. On behalf of the Board and the Company, I wish him success in his new endeavor,” said Manuel O. Méndez, Chief Executive Officer of Quotient. In accordance with Mr. Stackawitz’s employment agreement, his resignation will take effect, unless the company elects otherwise, on October 5, 2021. The Company has initiated a search for...

ULAAN DRILLING CONFIRMS NEW DISCOVERY IN KHUNDII GOLD DISTRICTKhundii – Ulaan Tenements, BK Deposit and Prospects Location MapULAAN GOLD DISCOVERY – 300 METRES WEST OF BAYAN KHUNDII DEPOSITBayan Khundii Gold Trend Continuation and Ulaan Gold Discovery Project Map 1ULAAN GOLD DISCOVERY – 300 METRES WEST OF BAYAN KHUNDII DEPOSITBayan Khundii Gold Trend Continuation and Ulaan Gold Discovery Project Map 1ULAAN GOLD DISCOVERY SECTION A – LOOKING WESTHigh Grade veins plunging to the N/NE within a disseminated low grade halo partially controlled by lithology dipping to the NWUDH-10: DETAILED DRILL CORE PHOTOS WITH 1M GOLD ASSAYHost rocks, predominantly a fine to coarse grained lapilli tuff of Carboniferous age exhibiting strong to pervasive silica and...