Day: August 19, 2021

AdvanceTC Forms A Global Distribution Network Ahead of Its Upcoming Phone Release

AdvanceTC Forms A Global Distribution Network Ahead of Its Upcoming Phone Release

New York, NY, Aug. 19, 2021 (GLOBE NEWSWIRE) — via NewMediaWire — AdvanceTC Ltd (NSX:A88)(OTCQB:ATCLF) (‘AdvanceTC’ or the ‘Company’), finalized its global distribution appointments to support continued growth and a commitment to future customers. The Company announced the appointment of four Regional Marketing Arms in its strategy to expand the distribution of its new satellite devices to the global market. AdvanceTC has historically been able to identify an isolated market, innovate and successfully launch a unique product whilst protecting its patent by using local manufacturing and assembly strategies. In 2012, AdvanceTC was the world’s first company to successfully launch a mobile communications device. The Magic W3 is a 4.8″ Windows®7 full OS touchscreen microcomputer with voice call functionality. The Magic W3...

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Astellas Receives European Commission Approval for First-in-Class EVRENZO™ (roxadustat) for Adult Patients with Symptomatic Anemia of Chronic Kidney Disease

Astellas Receives European Commission Approval for First-in-Class EVRENZO™ (roxadustat) for Adult Patients with Symptomatic Anemia of Chronic Kidney Disease

Roxadustat is the first orally administered hypoxia-inducible factor (HIF) prolyl hydroxylase (PH) inhibitor available for adult patients with anemia associated with chronic kidney disease in Europe TOKYO, Aug. 19, 2021 (GLOBE NEWSWIRE) — Astellas Pharma Inc. (TSE: 4503, President and CEO: Kenji Yasukawa, Ph.D., “Astellas”) and FibroGen, Inc. (Nasdaq: FGEN, CEO: Enrique Conterno, “FibroGen”) today announced that the European Commission (EC) has approved EVRENZO™ (roxadustat) for the treatment of adult patients with symptomatic anemia associated with chronic kidney disease (CKD). “We are very pleased EVRENZO has been approved as the first oral HIF-PH inhibitor to treat adult patients with symptomatic anemia associated with CKD in the European Union,” said Steven Benner, M.D., M.H.S., President of Development,...

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The Flowr Corporation Provides Operational Update

The Flowr Corporation Provides Operational Update

Highlights: Flowr has completed a strategic review process resulting in annualized SG&A savings of approximately $3.3 million, sale of non-core assets with aggregate proceeds of over $7 million, and a reduction of long-term debt by $7.5 million. In Canada, Flowr continues to focus on the premium and ultra-premium dry flower market. Flowr has received a sensory license from Health Canada allowing for the Company to continue to better understand consumer demands. Flowr has initiated its first export of medical cannabis to Israel opening a key distribution channel. In Europe, Holigen, a wholly-owned subsidiary of Flowr, has entered into the largest known bulk medical cannabis sale agreement in Portugal. Holigen to be the exclusive cultivation and retail partner for Cookies in Portugal with a view to bringing Cookies cannabis and...

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Puma Exploration Closes $1.6 Million Financing Led by a Strategic Investment by Crescat Capital for $960,000

Puma Exploration Closes $1.6 Million Financing Led by a Strategic Investment by Crescat Capital for $960,000

NOT FOR DISTRIBUTION TO THE UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES RIMOUSKI, Quebec, Aug. 19, 2021 (GLOBE NEWSWIRE) — Puma Exploration Inc., PUMA-TSXV, (the “Company” or “Puma”) has closed the fully subscribed hard cash units offering for an amount of $1,600,000. The company issued five million units at the price of 32 cents per unit. Each unit comprises one common share and one common share purchase warrant. Each warrant gives its holder the right to purchase one common share at a price of 50 cents per share until August 19, 2023. Crescat Portfolio Management LLC (for itself and/or for accounts managed by Crescat Portfolio Management LLC (collectively, “Crescat”)), has participated as expected in the offering by making a strategic investment of $960,000, representing 60% of the financing. Two...

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Flow Capital Announces Q2 2021 Financial Results

Flow Capital Announces Q2 2021 Financial Results

Q2 Recurring Revenues from Royalties and Interest of $ 1,692,000;YTD $3,302,000 — YoY growth of 48.3% TORONTO, Aug. 19, 2021 (GLOBE NEWSWIRE) — Flow Capital Corp. (TSXV: FW) (“Flow Capital”) announces its unaudited financial and operating results for the quarter ended June 30, 2021 (“Q2 2021”). Financial references are in Canadian dollars unless otherwise specified. Q2 2021 Performance Highlights Free Cash Flow (FCF) of $4,493,358 in Q1 2021 compared to $42,140 in Q2 2020. Year-to-date (YTD) FCF of $4,898,550. Total revenue under IFRS of $4,922,505 in Q2 2021; a YoY growth of 168.3%. YTD revenue of $7,263,075; a year-over-year (YoY) growth of 148.1%. Net income of $3,065,893 in Q2 2021, compared to $27,897 in Q2 2020. YTD net income of $4,373,849. EBITDA of $4,105,927 in Q2 2021; an 8X growth over $525,094 in Q2 2020. YTD...

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Patria Announces the Divestment of Alliar

Patria Announces the Divestment of Alliar

GRAND CAYMAN, Cayman Islands, Aug. 19, 2021 (GLOBE NEWSWIRE) — Patria Investments Limited, or “Patria” (PAX: NASDAQ), through its managed investment funds, announces an agreement for the full divestment of Centro de Imagem Diagnosticos S.A. (“Alliar” or the “Company”) by means of a private sale (“Transaction”). The Transaction encompasses the sale of 25,012,323 common shares of the Company, which corresponds to the total interest in the Company held by Patria’s Private Equity Fund III and its related vehicles, and is subject to the termination of the Shareholders’ Agreement disclosed to the market through a Material Fact dated August 12, 2021, as well as to the antitrust agency approval, and other conditions usual to such type of transaction. The sale of Alliar represents a major step towards completing the divestment process of...

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Melcor announces retirement of CEO at end of 2021

Melcor announces retirement of CEO at end of 2021

EDMONTON, Alberta, Aug. 19, 2021 (GLOBE NEWSWIRE) — Melcor Developments Ltd. (TSX: MRD), an Alberta-based real estate development and asset management company, today announced that Darin Rayburn, President and Chief Executive Officer, will be retiring from the company on December 31, 2021. Tim Melton, Chairman of Melcor’s Board of Directors commented: “On behalf of the Board, it is with sadness that we share the news of Darin Rayburn’s retirement at the end of the year. Melcor is appreciative of Darin’s significant contributions to Melcor’s growth and success over the past 19 years. Darin played an integral role in building Melcor’s investment properties division from 643,000 sf in 2002 to a diversified portfolio of 4,664,000 sf presently. He was also instrumental in the formation and initial public offering of the Melcor REIT. In...

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Paula Harris, Linda Harty and Roger Strauch Appointed to Chart Industries, Inc. Board of Directors

Paula Harris, Linda Harty and Roger Strauch Appointed to Chart Industries, Inc. Board of Directors

Paula Harris Chart Industries Director Linda Harty Chart Industries Director Roger Strauch Chart Industries Director ATLANTA, Aug. 19, 2021 (GLOBE NEWSWIRE) — The Board of Directors of Chart Industries, Inc. (NYSE: GTLS) has appointed Paula Harris, Linda Harty, and Roger Strauch as new directors effective today. With these appointments, the Chart Board of Directors is comprised of eight independent directors and our CEO and President, Jill Evanko. Four of our nine directors are female and five of our nine are diverse. Paula Harris has over 34 years of experience in international oilfield services with Schlumberger Ltd. Educated as a petroleum engineer with a Bachelor of Science, Petroleum Engineering from Texas A&M University, Ms. Harris initially worked in field operations offshore...

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Melcor REIT announces retirement of CEO at end of 2021

Melcor REIT announces retirement of CEO at end of 2021

EDMONTON, Alberta, Aug. 19, 2021 (GLOBE NEWSWIRE) — Melcor Real Estate Investment Trust (Melcor REIT – TSX: MR.UN) has been advised by Melcor Developments Ltd. (Melcor) that Darin Rayburn will be retiring from his position of President & CEO of Melcor on December 31, 2021. As a result, Melcor will be recommending a new CEO for the REIT. Ralph Young, Chair of the REIT commented on behalf of the REIT Trustees: “It is with regret that we learned of the planned retirement of Darin Rayburn, to be effective December 31, 2021. The REIT board is exceptionally grateful to Darin for his instrumental role in the REIT’s formation and initial public offering (IPO) in May of 2013. Darin has had a significant impact on the REIT since inception as our founding CEO, Trustee, Melcor CEO and current REIT CEO. At IPO, the REIT owned 1.57...

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Liberty Gold Files Technical Report on SEDAR for Resource Estimate at Black Pine Oxide Gold Deposit, Great Basin, USA

Liberty Gold Files Technical Report on SEDAR for Resource Estimate at Black Pine Oxide Gold Deposit, Great Basin, USA

VANCOUVER, British Columbia, Aug. 19, 2021 (GLOBE NEWSWIRE) — Liberty Gold Corp. (TSX: LGD; OTCQX: LGDTF) (“Liberty Gold” or the “Company”) is pleased to announce that further to its news release dated July 13, 2021, the Company has filed on SEDAR a National Instrument (“NI”) 43-101 Technical Report for the Black Pine Oxide Gold Property in southeastern Idaho, USA. The NI 43-101 Technical Report is entitled “Updated Technical Report and Resource Estimate for the Black Pine Gold Project, Cassia County, Idaho, USA”, effective June 20, 2021, and signed August 18, 2021 (the “Technical Report”). The Technical Report was prepared in accordance with National Instrument 43-101 – Standards of Disclosure for Mineral Projects by Michael Gustin, P. Geo., of MDA, a division of RESPEC, based in Reno, Nevada; Gary L. Simmons of GL Simmons Consulting...

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