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Day: August 26, 2021

Gowest Gold Appoints Dan Gagnon as President & CEO

Demin Huang Appointed CFO TORONTO, Aug. 26, 2021 (GLOBE NEWSWIRE) — Gowest Gold Ltd. (“Gowest” or the “Corporation”) (TSX VENTURE: GWA) is pleased to announce today the appointment of Mr. Dan Gagnon as President and Chief Executive Officer of the Corporation, effective October 4th. He will replace Interim President and CEO, Mr. Yungang Wu, P. Geo., who will remain a member of Gowest’s Board of Directors and Technical Team. Mr. Gagnon, who is from and lives in Timmins, brings over 30 years of experience in geology and general management from a wide range of operations across Canada. His extensive responsibilities have included all aspects of the mining operations of a number of companies, including operations, milling, maintenance, engineering, mine geology, administration, health safety and environment and community relations,...

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NOHO, INC. AND LIFETIME BRANDING AGREE TO EXCHANGE DEBT FOR EQUITY

$DRNK – NOHO Inc.$DRNK – NOHO AFTER SHOTScottsdale, Arizona, Aug. 26, 2021 (GLOBE NEWSWIRE) — NOHO, Inc. (OTC PINK: DRNK), a Wyoming corporation (the “Company”), announced the following: The Company is proud to announce its agreement with Lifetime Branding Collaborative, LLC to exchange its debt for equity, forging a long-term partnership created to make NOHO a market leader in nutrition. Pursuant to the agreement, Lifetime is forgiving $600,000 in debt in exchange for the Company’s Preferred B and C classes of stock.  The transaction results in no immediate dilution to the common stock and the C class shares are non-voting and non-convertible.  NOHO’s CEO, David Mersky, said, “This is a great deal for NOHO and Lifetime, and it sends a strong message to the market that NOHO is now positioned to lead...

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Aurora Spine Corporation Announces Second Quarter 2021 Financial Results

NOT FOR DISTRIBUTION IN THE UNITED STATES OR OVER UNITED STATES WIRE SERVICES CARLSBAD, Calif., Aug. 26, 2021 (GLOBE NEWSWIRE) — Aurora Spine Corporation (“Aurora Spine” or the “Company”) (TSXV: ASG) (OTCQB: ASAPF), a designer and manufacturer of innovative medical devices that improve spinal surgery outcomes, today announced the financial results for the second quarter ended June 30, 2021. All figures are in U.S. dollars. Business HighlightsRevenues for second quarter 2021 increased 53.5% over Q2 2020 to $2.43 million Continue to sell more proprietary Aurora products, 64.5% were proprietary during Q2 of 2021, versus 47.0% in Q2 of 2020. Received Institutional Review Board (IRB) approval to commence registration for multicenter study of its SiLO™ Device for SI Joint Pain. Subsequent to second quarter end, company received FDA...

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Jushi Holdings Inc. Completes Previously Announced Acquisition of Licensed Processor in Ohio; Announces Debut of the First in a Series of Cannabis Brands in Ohio

Solidifies Presence in Ohio Market with High-Quality Cultivation and Processing Assets Sèche Fine Grind is Now Available at Partner Dispensaries across Buckeye State BOCA RATON, Fla., Aug. 26, 2021 (GLOBE NEWSWIRE) — Jushi Holdings Inc. (“Jushi” or the “Company”) (CSE: JUSH) (OTCQX: JUSHF), a vertically integrated, multi-state cannabis operator, announced that it has completed its previously announced acquisition of Franklin Bioscience OH, LLC, (“FBS – OH”), a licensed medical cannabis processor in Ohio. FBS – OH operates an 8,000 sq. ft. state-of-the-art processing facility located in Columbus, Ohio. Additionally, the Company has launched a series of upcoming brands and products in the State of Ohio, beginning with the debut of its brand, Sèche, the Company’s fine flower line, which is currently available for purchase at partner...

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Kaixin Auto Holdings Signed Binding Term Sheet to Acquire EV Manufacturer

BEIJING, Aug. 26, 2021 (GLOBE NEWSWIRE) — Kaixin Auto Holdings (“Kaixin” or the “Company”) (NASDAQ: KXIN) today announced that the Company has reached a binding term sheet to acquire 100% equity of Henan Yujie Times Automobile Co., Ltd. (“Yujie”) through new share issuance. Yujie is a leading Chinese electronic vehicles (“EV”) manufacturer specialized in small size multi-function EVs. The contemplated deal would be the first major M&A transaction following the establishment of Kaixin’s New Energy Vehicle Unit. It marks Kaixin’s official entry into China’s small size EV market, which is forecasted to reach a 10 million vehicles scale over the next 5 years according to Yujie. Established in 2017, Yujie’s smart factory in Mengzhou, Henan has an annual production capacity of 150,000 vehicles and achieved a substantial production...

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Discovery Reports Q2 2021 Financial Results and Update

TORONTO, Aug. 26, 2021 (GLOBE NEWSWIRE) — Discovery Silver Corp. (TSX-V: DSV, OTCQX: DSVSF) (“Discovery” or the “Company”) is pleased to announce its financial results for the three months ended June 30, 2021 (“Q2 2021”), and to provide a summary of key events for the quarter and subsequent to quarter-end. All amounts are presented in Canadian dollars (“C$”) unless otherwise stated. Discovery’s flagship project is our 100%-owned Cordero project (“Cordero” or the “Project”) located in Chihuahua State, Mexico. We are aggressively advancing the Project through a 66,000 metre (“m”) drill program in 2021 focused on delineating a high-margin silver project with size and scaleability. HIGHLIGHTS FROM Q2 2021 & SUBSEQUENT EVENTS: Financial: As at June 30, 2021, we had a cash and cash equivalents and short term investment balance...

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Malibu Boats, Inc. Announces Record Fourth Quarter and Fiscal 2021 Results

LOUDON, Tenn., Aug. 26, 2021 (GLOBE NEWSWIRE) — Malibu Boats, Inc. (Nasdaq: MBUU) today announced its financial results for the fourth quarter and fiscal year ended June 30, 2021. Fiscal Fourth Quarter 2021 Highlights Compared to Fiscal Fourth Quarter 2020Net sales increased 133.2% to $276.7 million Unit volume increased 110.7% Gross profit increased 193.9% to $69.2 million Net income increased 437.1% to $35.0 million Adjusted EBITDA increased 272.2% to $57.6 million Net income available to Class A Common Stock per share (diluted) increased 451.7% to $1.60 per share Adjusted fully distributed net income per share increased 360.0% to $1.84 per share on a fully distributed weighted average share count of 21.7 million shares of Class A Common StockFiscal Year 2021 Highlights Compared to Fiscal Year 2020Net sales increased 41.9%...

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Veterinary Vaccines Market 2021 – 2028 | Is Set to Grow USD 16.13 Billion in 2028 at a CAGR of 6.0%

Top Players Covered in the Veterinary Vaccines Market Research Report are Elanco (Greenfield, U.S.), HIPRA (Girona, Spain), Boehringer Ingelheim International GmbH (Ingelheim am Rhein, Germany), Virbac (Carros, France), MSD Animal Health (New Jersey, U.S.), Zoetis (Parsippany, U.S), Ceva (Libourne, France), NEOGEN CORPORATION (Michigan, U.S.), Hester Biosciences Limited (Ahmedabad, India) and Other Market Players Pune, India, Aug. 26, 2021 (GLOBE NEWSWIRE) — The global veterinary vaccines market size was USD 10.24 billion in 2020. The market is set to grow from USD 10.73 billion in 2021 and reach USD 16.13 billion in 2028 at a CAGR of 6.0% in the 2021-2028 period. This information is provided by Fortune Business Insights™ in its report titled, “Veterinary Vaccines Market, 2021-2028.” As per our researchers, the substantial growth...

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Sonoco-Alcore to Increase Paperboard Prices in the EMEA Region

BRUSSELS, Belgium, Aug. 26, 2021 (GLOBE NEWSWIRE) — Sonoco-Alcore S.a.r.l. announced today that due to inflationary pressures it will raise prices by €50 / tonne on all recycled paperboard grades sold in the Company’s EMEA regions. The increase is in direct response to the continued escalation of its cost base and will be effective for all shipments made on or after the 1st September 2021. “Our business continues to experience unprecedented cost inflation across many elements of the business including energy, waste paper, chemicals, packaging and freight. Whilst we have made every effort to mitigate these price pressures, we now have no choice but to pass the increases onto the market. We will continue to monitor market trends over the next quarter and will react accordingly. At this point we cannot rule out further increases before...

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TCR² Therapeutics Announces Renowned Translational Medicine Leader Priti Hegde Joins Its Board of Directors

CAMBRIDGE, Mass., Aug. 26, 2021 (GLOBE NEWSWIRE) — TCR2 Therapeutics Inc. (Nasdaq: TCRR), a clinical-stage cell therapy company with a pipeline of novel T cell therapies for patients suffering from cancer, today announced the appointment of Priti Hegde, Ph.D., to its Board of Directors. Dr. Hegde brings to TCR2 over 20 years of cancer genomics and immunology, clinical product development and early stage research experience in the biopharmaceutical industry, including an interdisciplinary focus on translational medicine. In connection with Dr. Hegde’s arrival, Patrick Baeuerle, Ph.D., will be stepping down from the Board of Directors effective August 24, 2021 but will continue to serve TCR2 in an advisory capacity. “As we continue to advance gavo-cel in clinical trials across multiple cancer indications and simultaneously innovate...

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