Day: September 8, 2021
The company acquires its largest project in the state, packaged with an option to add power storage
NEW YORK, Sept. 08, 2021 (GLOBE NEWSWIRE) — Greenbacker Renewable Energy Company LLC (“GREC” or “Greenbacker”), a leading owner and operator of sustainable infrastructure and energy efficiency projects, announced today that, through a wholly owned subsidiary, it purchased Heathlands, a 41-MW utility-scale solar project from Prism Power Partners LLC (“Prism”). The to-be-constructed asset is the second project in Prism’s 53-MW 2022 Michigan portfolio, the other being a 12-MW pre-operational solar project which Greenbacker also purchased earlier this year. Heathlands marks Greenbacker’s largest asset in Michigan, as the company continues to expand its footprint in the Great Lakes State.
The Heathlands solar project also comes with the...
FEMSA’s Envoy Solutions to acquire Penn Jersey Paper Co., further expanding its footprint in the Mid-Atlantic region of the United States
Written by Customer Service on . Posted in Mergers And Acquisitions.
MONTERREY, Mexico, Sept. 08, 2021 (GLOBE NEWSWIRE) — Fomento Económico Mexicano, S.A.B. de C.V. (“FEMSA” or the “Company”) (NYSE: FMX; BMV: FEMSAUBD, FEMSAUB) announced today that Envoy Solutions, FEMSA’s specialized distribution subsidiary in the United States, reached an agreement to acquire Penn Jersey Paper Co. (“PJP”), an independent specialized distribution company based in Philadelphia, Pennsylvania. PJP fits well with FEMSA’s distribution footprint along the East Coast, expanding its coverage to include the Philadelphia metro area and New York City. This transaction represents another important step in FEMSA’s strategic path to build a leading national distribution platform in the United States. Revenues of the acquired business for the last twelve months as of June 2021, were over US$ 200 million.
The transaction is subject...
Candel Therapeutics Reports Second Quarter 2021 Financial Results and Recent Corporate Highlights
Written by Customer Service on . Posted in Earnings Releases And Operating Results.
NEEDHAM, Mass., Sept. 08, 2021 (GLOBE NEWSWIRE) — Candel Therapeutics, Inc. (“the Company”) (Nasdaq: CADL), a late clinical stage biopharmaceutical company developing novel oncolytic viral immunotherapies, today reported financial results for the second quarter ended June 30, 2021 and provided a corporate update.
“This has been a transformational year for Candel Therapeutics as we continue to execute on our corporate strategy by advancing the development of our lead product candidate from our adenovirus platform, CAN-2409, and our lead product candidate from our HSV platform, CAN-3110, both in areas of significant unmet need,” said Paul Peter Tak, M.D., Ph.D., FMedSci, President and Chief Executive Officer of Candel Therapeutics. “With the completion of our IPO in August and multiple data readouts across our broad pipeline over...
Nightfood Announces Successful Hotel Test, Engages iDEAL Hospitality to Scale High-Margin Hotel Vertical
Written by Customer Service on . Posted in Earnings Releases And Operating Results.
Management to Host Business Update Call Today at 4:30PM Eastern Time
Tarrytown, NY, Sept. 08, 2021 (GLOBE NEWSWIRE) — via NewMediaWire — Nightfood Holdings, Inc. (OTCQB: NGTF), the category-pioneering company addressing America’s $50 billion nighttime snacking problem, today announced the completion of a retail pilot test in the lobby shops of a leading international hotel chain. The test, first announced in March 2021, has been confirmed a success.
As a result, the testing chain has confirmed the decision to fully launch Nightfood into their lobby shop freezers chain-wide with an expected start date in the fourth quarter of 2021 or the first quarter of 2022.
“This is a massive step in establishing and growing the projected billion-dollar night snack category, while further securing our leadership position,” remarked Sean...
Electric Last Mile Solutions, Inc. to Participate in Upcoming Investor Conferences
Written by Customer Service on . Posted in Public Companies.
TROY, Mich., Sept. 08, 2021 (GLOBE NEWSWIRE) — Electric Last Mile Solutions, Inc. (Nasdaq: ELMS; ELMSW) (“ELMS” or the “Company”), a pure-play commercial electric vehicle company focused on redefining productivity for the last mile, today announced its participation in three upcoming investor conferences ahead of its intended start of production later this month:Cowen 14th Annual Global Transportation & Sustainable Mobility Conference (September 8-9, 2021)
Colliers 2021 Institutional Investor Conference Virtual (September 9, 2021)
D.A. Davidson Diversified Industrials & Services Conference (September 22-23, 2021)To register to participate in the conferences, please contact your bank salesperson.
About Electric Last Mile Solutions, Inc.Electric Last Mile Solutions, Inc. (Nasdaq: ELMS) is focused on defining a new era...
Nevgold Increases Land Holdings at Cedar Wash by over 100% Via Claim Staking An Additional 4,839 Acres
Written by Customer Service on . Posted in Public Companies.
VANCOUVER, British Columbia, Sept. 08, 2021 (GLOBE NEWSWIRE) — NevGold (“NevGold” or the “Company”) (TSXV:NAU) (OTC: NAUFF) (Frankfurt: 5E50) is pleased to announce that it has increased its land position at the Cedar Wash project in Nevada by 4,839 acres, or over 100%, to 9,648 acres (39 square kilometers) through low-cost, organic claim staking. These new claims are contiguous to the south of the existing claims as seen in Figure 1. The expanded land position incorporates all prospective gold-silver targets identified in the Cedar Wash district.
A Media Snippet accompanying this announcement is available by clicking on the image or link below:Figure 1 – Previous and Expanded Land Position at Cedar Wash, NevadaTo view image please click here
Key HighlightsProperty Size Increased Substantially: The Cedar Wash project more...
Kitron: Changes to management team
Written by Customer Service on . Posted in Public Companies.
(2021-09-08) Kristoffer Asklöv has joined Kitron as Chief Operating Officer.
Mr. Asklöv has more than 20 years of experience from electronics production, with companies such as Partnertech and Toyota. Most recently he was Vice President, Business Development & Central European sales at the Finnish EMS company Scanfil.
“I really look forward to getting to know Kitron even better. I’ve obviously followed the company from the outside, and I’m impressed by the growth and development. This is a good time for the EMS industry in general, but I do believe that Kitron as an individual company has also positioned itself very well, fast on its feet and close to the customers,” Mr. Asklöv said.
Kitron President and CEO Peter Nilsson has previously worked with Mr. Asklöv at Partnertech, and he is looking forward to joining forces again:
“Kristoffer...
Salarius Pharmaceuticals to Present at the Virtual H.C. Wainwright 23rd Annual Global Investment Conference
Written by Customer Service on . Posted in Public Companies.
HOUSTON, Sept. 08, 2021 (GLOBE NEWSWIRE) — Salarius Pharmaceuticals, Inc. (Nasdaq: SLRX), a clinical-stage biopharmaceutical company developing potential new medicines for patients with sarcomas, pediatric cancers, and other hematologic and solid tumors, announced today that David Arthur, Chief Executive Officer, will present virtually at the H.C. Wainwright 23rd Annual Global Investment Conference taking place September 13-15, 2021. The prerecorded presentation will be available starting at 7 a.m. ET on September 13, 2021 and can be accessed via the conference’s virtual platform by registered conference attendees.
Mr. Arthur will provide an overview of Salarius’ business and highlight recent corporate and clinical achievements, as well as anticipated milestones in the clinical programs for seclidemstat, an oral, reversible LSD1...
Vinco Ventures, Inc. Announces 2021 Annual Proxy
Written by Customer Service on . Posted in Public Companies.
Bethlehem, PA, Sept. 08, 2021 (GLOBE NEWSWIRE) — Vinco Ventures, Inc. (NASDAQ: BBIG) a leader in selective acquisitions leveraging new market opportunities by utilizing the B.I.G. Strategy: Buy. Innovate. Grow. today announce the company’s 2021 Annual Proxy details and provides a corporate update in a new investor presentation.
Please review the enclosed presentation for more details.
About Vinco Ventures, Inc.
Vinco Ventures, Inc. (BBIG) is a selective acquisitions company focused on digital media and content technologies. Vinco’s B.I.G. (Buy. Innovate. Grow.) strategy is to seek acquisition opportunities that are poised for scale and will “BE BIG”. For more information visit Investors.vincoventures.com.
About Lomotif
Lomotif is the leading video-sharing social networking platform that is democratizing video creation. Since the...
Microchip Unveils Industry’s Most Compact 1.6T Ethernet PHY with Up to 800 GbE Connectivity for Cloud Data Centers, 5G and AI
Written by Customer Service on . Posted in Public Companies.
META-DX2L enables routers, switches and line cards to double their bandwidth by transitioning to 112G PAM4 interface rates
CHANDLER, Ariz., Sept. 08, 2021 (GLOBE NEWSWIRE) — Routers, switches and line cards need higher bandwidth, port density and up to 800 Gigabit Ethernet (GbE) connectivity to handle escalating data center traffic driven by 5G, cloud services and Artificial Intelligence (AI) and Machine Learning (ML) applications. To deliver the higher bandwidth, these designs need to overcome the signal integrity challenges associated with the industry’s transition to the 112G (gigabits per second) PAM4 Serializer/Deserializer (SerDes) connectivity that is needed to support the latest pluggable optics, system backplanes and packet processors. These challenges can now be overcome with the industry’s most compact, 1.6T (terabits...