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Day: September 29, 2021

TrackX Extends Partnership with Fortune 500 Insurance Company

TrackX is the enterprise system of record for nearly 200,000 IT assets across 20 facilities TrackX consolidates 19 disparate server systems to a cloud environment Client projects 75% annual reduction in IT asset management costs with upgraded solution Solution upgrade delivers new features supporting additional expansion opportunitiesDENVER, Sept. 29, 2021 (GLOBE NEWSWIRE) — TrackX Holdings Inc. (TSXV:TKX), (OTC:TKXHF), (FSE:3TH) (“TrackX” or the “Company), a leading provider of real-time end-to-end asset tracing, tracking and collaboration solutions announced today that it has expanded its relationship with a U.S. Fortune 500 insurance company (the “Client”) by completing an enterprise-wide upgrade of the TrackX Asset Management solution across 20 administrative facilities. The Client, an award-winning 65-year-old business...

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90 Per Cent Increase in Measured & Indicated Resources for MSB Maricunga Stage One Lithium Project

Figure 1Maricunga project – Old Code and New Code propertiesFigure 2Geological Exploration TargetVANCOUVER, British Columbia, Sept. 29, 2021 (GLOBE NEWSWIRE) — Bearing Lithium Corp. (“Bearing” or the “Company”) (TSX Venture:BRZ) (OTCQB:BLILF) the Company is pleased to provide a Maricunga project update. HighlightsUpdated Measured and Indicated resource for the Maricunga Stage One Lithium Brine Project in Chile confirmed an increase by 90 per cent compared with 2019 Definitive Feasibility Study. Measured and Indicated (M&I) resource now estimated as 1,905,000 tonnes of Lithium Carbonate Equivalent (LCE) for the Stage One (Old Code) mining properties at an average grade of 953 mg/l lithium. This increase in M+I Resources is in addition to the M+I Resources (2018) of 979,000 tonnes LCE in...

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EcoChain, Inc. Appoints Mary O’Reilly as Chief People Officer

ALBANY, NY, Sept. 29, 2021 (GLOBE NEWSWIRE) — via NewMediaWire — EcoChain, Inc. (“EcoChain”), a wholly-owned subsidiary of Mechanical Technology, Incorporated (“MTI” or the “Company”), (NASDAQ: MKTY), a cryptocurrency mining business powered by renewable energy, today announced the appointment of Mary O’Reilly as Chief People Officer. The Chief People Officer will be defining and executing on people strategies and operating systems for MTI business lines to successfully scale and meet its business objectives. In this competitive technology job market, the CPO will drive the company’s culture and programs to ensure it is getting the right people and developing the best operating processes, IT systems and employee experiences to retain top talent.  Michael Toporek, CEO of MTI, stated, “As we continue to execute...

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Jushi Holdings Inc. Expands and Strengthens its Presence in Nevada

Signs Definitive Agreement to Acquire an Operating Dispensary in Las Vegas, Nevada Jushi to Expand Permitted Licensed Retail Footprint to 36 Locations Nationwide1; Establishes a Fourth Vertically Integrated State-Level Operation BOCA RATON, Fla., Sept. 29, 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 entered into a definitive agreement (the “Agreement”) to acquire 100% of the equity interest of an entity operating an adult-use and medical retail dispensary under the name The Apothecarium2 in Las Vegas, Nevada (“Apothecarium Nevada”). The Apothecarium Nevada acquisition, together with the April 2021 purchase of Franklin Bioscience NV, LLC, a holder of medical and adult-use cannabis cultivation, processing,...

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Goodfood Innovates for Sustainability as First to Operate Fully Electric Cold Delivery

MONTREAL and VANCOUVER, British Columbia, Sept. 29, 2021 (GLOBE NEWSWIRE) — Goodfood Market Corp. (“Goodfood” or “the Company”) (TSX: FOOD) a leading online grocery company in Canada, this week leads sustainability efforts in Canada’s grocery industry by launching a fully electric refrigerated vehicle fleet – a first for any private entity in Canada. Goodfood continues to evolve and lead environmental impact through technology as the newly electric refrigerated vehicles begin rolling out across Vancouver throughout September. “As Canada aims to shift to all zero-emission electric vehicles by 2035, we are thrilled with this exciting step in launching fully electric refrigerated vehicles in Vancouver this year,” said Goodfood Chief Executive Officer, Jonathan Ferrari. “Innovation in technology is a core pillar for us at Goodfood....

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Fortress Biotech Announces Receipt of Notice of Option Exercise from AstraZeneca to Fully Acquire Caelum Biosciences, a Company Founded by Fortress Biotech

Option exercise triggers upfront payment of approximately $150 million to Caelum shareholders, of which approximately $64 million is payable to Fortress Biotech1 AstraZeneca intends to advance and accelerate the Phase 3 development of CAEL-101 for light chain (AL) amyloidosis HSR waiting period has expired for the acquisition of Caelum NEW YORK and BORDENTOWN, N.J., Sept. 29, 2021 (GLOBE NEWSWIRE) — Fortress Biotech, Inc. (NASDAQ: FBIO) (“Fortress”), an innovative biopharmaceutical company focused on acquiring, developing and commercializing or monetizing promising biopharmaceutical products and product candidates cost-effectively, and a company it founded, Caelum Biosciences, Inc. (“Caelum”), a clinical-stage biotechnology company developing treatments for rare and life-threatening diseases, today announced that AstraZeneca’s...

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McEwen Mining: Director Appointment and Los Azules Update

TORONTO, Sept. 29, 2021 (GLOBE NEWSWIRE) — McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) is pleased to report that William (Bill) Shaver, P. Eng., has been appointed to the Board of Directors effective immediately.  Mr. Shaver is a seasoned mining executive with over 50 years of management and executive experience in all facets of mine design, construction, and operations. In 1980, he was a founder of Dynatec Corporation, which became one of the leading contracting and mine operating groups in North America. In 2013, he was recognized as the Ernst and Young Entrepreneur of the Year for his devotion to bringing innovation to the mining industry. Most recently, he served as Chief Operating Officer of INV Metals before its sale to Dundee Precious Metals. He completed the Technician Program at the Haileybury School of Mines and is a Professional...

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Needlestick Safety Injection Devices Market Report 2021-2028 | Size, Share, Growth, Trends, Analysis, Competitive Landscape, Revenue, Forecast

Key players covered in the Global Needlestick Safety Injection Devices Market Research Report are Catalent, Inc., DuoprossMeditech Corp, Gerresheimer AG, Smiths Group plc, Medical Information Technology, Inc, Terumo Medical Corporation, West Pharmaceutical Services, Inc., Medtronic Pune, India, Sept. 29, 2021 (GLOBE NEWSWIRE) — The global needlestick safety injection devices market size is set to enter a period of prolific expansionon account of the growing incidence of needlestick injuries (NSIs) among healthcare workers, observes Fortune Business Insights™ in its report, titled “Needlestick Safety Injection Devices Market Size, Share & Industry Analysis, By Type (Safety Syringe, Safety Needles), By End-User (Hospitals, Specialty Clinics, Ambulatory Surgical Centres, Diagnostic Centres, Others) and Regional Forecast, 2019-2026”....

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Worthington Reports First Quarter Fiscal 2022 Results

COLUMBUS, Ohio, Sept. 29, 2021 (GLOBE NEWSWIRE) — Worthington Industries, Inc. (NYSE: WOR) today reported net sales of $1.1 billion and net earnings of $132.5 million, or $2.55 per diluted share, for its fiscal 2022 first quarter ended August 31, 2021. In the first quarter of fiscal 2021, the Company reported net sales of $702.9 million and net earnings of $616.7 million, or $11.22 per diluted share. Results in both the current and prior year quarter were impacted by certain unique items, as summarized in the table below. (U.S. dollars in millions, except per share amounts)    1Q 2022     1Q 2021      After-Tax     Per Share     After-Tax     Per Share  Net earnings   $ 132.5     $ 2.55     $ 616.7     $ 11.22  Impairment and restructuring charges (gains)     (4.8 )     (0.09 )     9.0       0.16  Incremental expenses...

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HEXO to participate in the A.G.P.’s Virtual Fall Consumer Cannabis Conference

OTTAWA, Sept. 29, 2021 (GLOBE NEWSWIRE) — HEXO Corp (“HEXO” or the “Company”) (TSX: HEXO; NASDAQ: HEXO) today announced that management will participate in A.G.P.’s Virtual Fall Consumer Cannabis Conference. Sebastien St-Louis, Chief Executive Officer, will participate on a panel on the Canadian market & the role of innovation to drive further growth on October 5th, 2021 at 10:00 a.m. ET. About HEXO HEXO is an award-winning licensed producer of innovative products for the global cannabis market. HEXO serves the Canadian recreational market with a brand portfolio including HEXO, Redecan, UP Cannabis, Namaste Original Stash, 48North, Trail Mix, Bake Sale, REUP and Latitude brands, and the medical market in Canada, Israel and Malta. The Company also serves the Colorado market through its Powered by HEXO® strategy and Truss...

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