Day: August 12, 2021
VANCOUVER, British Columbia, Aug. 12, 2021 (GLOBE NEWSWIRE) — InMed Pharmaceuticals Inc. (“InMed” or the “Company”) (Nasdaq: INM), a clinical-stage company developing cannabinoid-based pharmaceutical drug candidates as well as manufacturing technologies for pharmaceutical-grade rare cannabinoids, today announced that Eric. A. Adams, President and CEO, and Dr. Eric Hsu, Senior Vice President of Pre-Clinical Research & Development, will present at H.C. Wainwright Ophthalmology Virtual Conference on Tuesday, August 17, 2021.
Mr. Adams and Dr. Hsu will provide an overview of InMed’s ocular program including INM-088, a topical eye drop formulation under development for the treatment of glaucoma. The active pharmaceutical ingredient (“API”) in INM-088 is cannabinol, also known as CBN, a rare cannabinoid showing promise in its potential...
Phoenix Gold Fund Limited acquires shares in Unigold Inc.
Written by Customer Service on . Posted in Public Companies.
TORONTO, Aug. 12, 2021 (GLOBE NEWSWIRE) — Phoenix Gold Fund Limited (“Phoenix”) of Kuala Lumpur, Malaysia, announces it has acquired an aggregate of 11,500,000 common shares at an average price of $0.13 and 5,750,000 common share purchase warrants of Unigold Inc (the “Issuer”) on August 10, 2021 pursuant to a non-brokered private placement (the “Offering”). Phoenix acquired the common shares at a price of C$0.13 per share for a total purchase price of C$1,495,000. The Issuer’s office is located at One First Canadian Place, Suite 3400 Toronto, Ontario, M5X 1A4.
Immediately prior to the acquisition, Phoenix owned 1,002,500 common shares of the Issuer. As a result of the acquisition, Phoenix now owns 12,502,500 common shares and 5,750,000 common share purchase warrants of the Issuer, representing approximately 8.02% of all issued...
Rotating Machines for Biofuels Market to rise at CAGR of 6.65% through 2027 – Report by Market Research Future (MRFR)
Written by Customer Service on . Posted in Mergers And Acquisitions.
New York, Aug. 12, 2021 (GLOBE NEWSWIRE) — Rotating Machines for Biofuels Market Overview: According to a comprehensive research report by Market Research Future (MRFR), “Rotating Machines for Biofuels Market Research Report, Machine Type, Production Process and Region – Forecast till 2027” the market grow at a rate of 6.65% during the forecast period 2020-2027.
Rotating machinery or turbomachinery is a machine with a turning segment that moves energy to a liquid or the other way around. Therefore, in a turbomachine, there is energy move between the liquid and the rotor. A biofuel is any fluid fuel obtained from organic materials such as trees, agricultural wastes, or grass. Biofuel can be delivered from any carbon source that can be renewed quickly, such as plants. Rotating machines such as compressors, fans, and turbines...
Harris enters the online recruitment solutions market through its acquisition of the Quebec-based platform, Jobillico
Written by Customer Service on . Posted in Mergers And Acquisitions.
QUEBEC CITY, Aug. 12, 2021 (GLOBE NEWSWIRE) — Harris, a global vertical market software provider and acquirer, enters the field of online recruitment solutions with the acquisition of Quebec-based employment website, Jobillico.
With over 3 million users in Canada, Jobillico supports a network of over 5,000 employers in recruiting top talent using a digital platform that is largely developed and maintained by its Québec City team. According to Serge Lavallée, President and Cofounder of Jobillico, the acquisition announcement is excellent news for the future of the organization: “Harris has shown a deep commitment to our customers, our employees, and our product. I am very confident that this acquisition will only drive the company forward.”
Jobillico is poised to take full advantage of the Harris philosophy to ensure the continuity,...
Superconductor Technologies Stockholders Have Approved the Pending Merger With Clearday
Written by Customer Service on . Posted in Mergers And Acquisitions.
Majority Vote Secured at August 10, 2021, Special Meeting of Stockholders
AUSTIN, Texas, Aug. 12, 2021 (GLOBE NEWSWIRE) — Superconductor Technologies Inc. (STI) (OTCQB: SCON) is pleased to announce that its stockholders have approved the proposed merger with Clearday at STI’s special meeting of stockholders held on August 10, 2021. STI looks forward to closing the merger as soon as practicable.
“I would like to thank our stockholders for their overwhelming support of the proposed merger with Clearday,” stated Jeffrey A. Quiram, President and CEO of Superconductor. “Following an assessment of strategic alternatives, our Board of Directors concluded that the merger with Clearday offers an excellent opportunity to create meaningful value for our stockholders. We’re pleased that our stockholders affirmed their support of that conclusion...
SFL – Invitation to Presentation of Q2 2021 Results
Written by Customer Service on . Posted in Earnings Releases And Operating Results.
SFL Corporation Ltd. (“SFL” or the “Company”) (NYSE: SFL) plans to release its preliminary financial results for the second quarter of 2021 on Wednesday, August 18, 2021.
SFL plans to host a conference call and webcast for all stakeholders and interested parties on Wednesday, August 18, 2021, at 10:00 AM (EST) / 4:00 PM (CET). Relevant material will be available from the Investor Relations section of the Company’s website at www.sflcorp.com on the same day.
In order to listen to the presentation you may do one of the following:
A: WebcastVisit the Investor Relations section of the Company’s website at www.sflcorp.com and click on the link to “Webcast”. The webcast with slideshow will be played live from this platform. To listen to the conference call from the website, you need to have installed Windows Media Player,...
Photo Release — Huntington Ingalls Industries Announces New Director of State and Local Government Affairs at Ingalls Shipbuilding
Written by Customer Service on . Posted in Public Companies.
PASCAGOULA, Miss., Aug. 12, 2021 (GLOBE NEWSWIRE) — Huntington Ingalls Industries’ (NYSE: HII) Ingalls Shipbuilding division announced today that Jack Norris has been named director of state and local government affairs.
Norris will lead all state and local government relations efforts in support of Ingalls’ strategic goals and will collaborate with community and economic development partners.
“Jack has a strong government relations background that includes 20 years of experience managing public policy and supporting economic recovery and growth,” Ingalls Shipbuilding President Kari Wilkinson said. “Our relationships with community partners and governmental leaders enable Ingalls to provide long-term stability to the shipyard and the communities it serves. We are pleased to have Jack in this important role.”
A photo accompanying...
EMGS: Update on framework contract for multi-client data
Written by Customer Service on . Posted in Public Companies.
Reference is made to the stock exchange notification published by Electromagnetic Geoservices ASA (“EMGS” or the “Company”) on 25 June 2021 wherein the Company announced that it had entered into a framework contract with an existing customer for licensing of multi-client data from the Company’s international multi-client library.
EMGS is pleased to announce that the customer has now confirmed that they will license data under the framework contact worth approximately USD 2.5 million, which will be recognized as revenue in the 3rd quarter.
Contact Anders Eimstad, EMGS Chief Financial Officer, +47 948 25 836
About EMGSEMGS, the marine EM market leader, uses its proprietary electromagnetic (EM) technology to support oil and gas companies in their search for offshore hydrocarbons. EMGS supports each stage in...
Stelmine Canada Arranges $3.25 Million Private Placement
Written by Customer Service on . Posted in Public Companies.
NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES AND DOES NOT CONSTITUTE AN OFFER OF THE SECURITIES DESCRIBED HEREIN
QUÉBEC CITY, Aug. 12, 2021 (GLOBE NEWSWIRE) — Stelmine Canada (STH-TSXV) (“Stelmine” or the “Company”) is pleased to announce that it has arranged a non-brokered hard dollar private placement with strategic investors at $0.25 per unit to raise total gross proceeds of up to $3,250,000 (see terms below).
Net proceeds from this private placement will be used for an upcoming drill program at the Company’s 100%-owned district-scale Courcy and Mercator properties in Quebec’s newest gold district (Caniapiscau) east of James Bay and Newmont’s Eleonore mine.
At Courcy, drilling will target gold mineralization now interpreted to be associated with a major thrust fault. The last of eight...
Form 8.3 – Meggitt plc
Written by Customer Service on . Posted in Mergers And Acquisitions.
FORM 8.3
PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORERule 8.3 of the Takeover Code (the “Code”)
1. KEY INFORMATION(a) Full name of discloser:
Davidson Kempner Capital Management LP(b) Owner or controller of interests and short positions disclosed, if different from 1(a): The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named.
(c) Name of offeror/offeree in relation to whose relevant securities this form relates: Use a separate form for each offeror/offeree
Meggitt plc(d) If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree:
(e) Date position held/dealing undertaken: ...