Day: October 6, 2021
Dr. Michelle L. Burroughs, Vice President, Director of Diversity, Equity and Inclusion (DE&I), WSFS BankDr. Michelle L. Burroughs, Vice President, Director of Diversity, Equity and Inclusion (DE&I), WSFS BankWILMINGTON, Del., Oct. 06, 2021 (GLOBE NEWSWIRE) — WSFS Bank, the primary subsidiary of WSFS Financial Corporation (Nasdaq: WSFS), today announced Dr. Michelle L. Burroughs as its new Vice President, Director of Diversity, Equity and Inclusion (DE&I), reporting to Michael L. Conklin, Executive Vice President and Chief Human Resources Officer. Dr. Burroughs will support WSFS in creating and delivering a work environment designed to foster a culture of inclusion and ensure the long-term sustainability of the Company’s DE&I efforts.
“WSFS is committed to building an inclusive and diverse workforce...
Innovative Payment Solutions CEO William Corbett Issues Letter to Shareholders
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CARMEL, Calif., Oct. 06, 2021 (GLOBE NEWSWIRE) — Innovative Payment Solutions, Inc. (OTCQB: IPSI) (“Innovative,” “IPSI” or the “Company”), a California-based fintech company focused on building a 21st century universal digital payment platform, IPSIPay, issues a letter to shareholders from Chairman and Chief Executive Officer William Corbett:
Dear Valued Innovative Payment Solutions Shareholders:
I took over as CEO of IPSI in 2019 with a mandate to reorganize the Company, turn it around and build a modern-day, full-service, digital payments company. The turnaround progresses, and the path for IPSI’s mission to make banking services more available to the unbanked, utilizing state-of-the art technology, has been mapped. We have raised $8 million dollars and are deploying that capital to execute on our vision.
As of September 2021,...
Enstar Completes ADC Agreement With RSA
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HAMILTON, Bermuda, Oct. 06, 2021 (GLOBE NEWSWIRE) — Enstar Group Limited (NASDAQ: ESGR) announced today that one of its wholly owned subsidiaries has closed a previously announced agreement with Royal & Sun Alliance Insurance Limited (“RSA”), a wholly owned subsidiary of Toronto-based Intact Financial Corporation, to provide adverse development cover (“ADC”) for certain UK, Irish, and other business of RSA and its subsidiaries.
The ADC provides £400 million of aggregate coverage in excess of a £2.595 billion retention on losses occurring on or prior to December 31, 2020 within a diversified portfolio of commercial and personal insurance lines risks. Enstar and RSA co-participate on the cover, with Enstar providing 50% and RSA retaining the remaining 50%.
Completion of the transaction followed receipt of regulatory approval...
Branded Legacy, Inc. Launches Spikes Kava Bar in Gainesville
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Longwood, FL, Oct. 06, 2021 (GLOBE NEWSWIRE) — Branded Legacy, Inc. (OTCQB: BLEG), a holding company focused on the commercial development of hemp and cannabinoid-infused beverages, along with an array of CBD topicals and tinctures signs licensing agreement for rights to use “Spikes” in the name of a Gainesville kava bar.
The Company signed a distribution agreement earlier this year with Sacred Leaf Shops in Gainesville, FL. At that time, talks began of opening a kava bar inside the CBD-focused store. A soft opening began last week, and with the University of Florida Hall of Fame induction events happening this Friday and Saturday, Chairman Brandon Spikes has agreed to license the use of his last name in the name of “Spikes Kava Bar” located inside Sacred Leaf Shops at 3743 W. University Ave, Gainesville, FL 32607 in exchange...
Ship Nature’s Way Awards Current Water Technologies Inc. First Contract to Provide Novel Ammonia Treatment System
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GUELPH, Ontario, Oct. 06, 2021 (GLOBE NEWSWIRE) — Current Water Technologies Inc. (TSX-V: WATR) (“CWTI” or “the Company” or “the Corporation”), an emerging technology leader in the management of industrial and municipal wastewater, received an initial $73,000 contract from Ship Nature’s Way (SNW) to design a novel ammonia treatment unit for the safe transport of marine and fresh water animals (refer to Press Release dated Sept 21, 2021). This initial contract is an operating trial demonstration, and successful completion will lead to additional commercial contracts.
Ammonia, after oxygen, is generally considered the water quality parameter that most affects the health of aquaculture animals. This issue is most important in intensive systems which depend on comprehensive treatment of water before...
PharmaTher Initiates Phase 2 Clinical Trial of Ketamine for the Treatment of Parkinson’s Disease
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“KET-LID” trial to evaluate ketamine’s safety and efficacy in the treatment of levodopa-induced dyskinesia in patients with Parkinson’s disease
TORONTO, Oct. 06, 2021 (GLOBE NEWSWIRE) — PharmaTher Holdings Ltd. (the “Company” or “PharmaTher”) (OTCQB: PHRRF) (CSE: PHRM), a clinical-stage psychedelics biotech company, announced today that it has initiated its Phase 2 KET-LID clinical trial of Ketamine for the treatment of Levodopa-Induced Dyskinesia in Subjects with Parkinson’s Disease. Patient screening and enrollment is expected to begin in October 2021 with data anticipated in late-Q4 2021.
The Phase 2 KET-LID clinical trial is a randomized, double-blind, active placebo-controlled study evaluating the safety, efficacy and pharmacokinetics of ketamine in the treatment of levodopa-induced dyskinesia in patients with Parkinson’s...
VR reports new gold and silver mineralization at the G1 and Kawich targets at its Reveille project in Nevada, stakes additional ground and plans follow-up exploration
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Figure 1.Locations of the nine drill holes completed to-date at Reveille, plotted on a 3D iso-shell image of the large and high amplitude (32 mV/V) DCIP anomaly named Kawich. Overall coverage of the IP survey is outlined in red. Also shown are the crustal-scale ring fault complexes bounding the Kawich and Goblin Knobs volcanic calderas, respectively; the structural framework for the fluid system at Reveille. Shown is the newly expanded property westward to cover the entirety of the Kawich anomaly and related sulfide alteration system with gold, and also eastward to cover the buried EM conductor at Big Apple.Figure 2.Geochemical data illustrating the polymetallic silver mineralization at G1. Upper plot is from diamond drill hole RVD21-001, and lower plot is from RC drill hole RV21-006 (RC) located 130m to...
SINTX Technologies Ships New FleX SN Porous and Laser-textured Spinal Implants
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SINTX Technologies, Inc.An example of a porous and textured Flex SN surface.SALT LAKE CITY, Oct. 06, 2021 (GLOBE NEWSWIRE) — SINTX Technologies, Inc. (www.sintx.com) (NASDAQ: SINT) (“SINTX” or the “Company”), an original equipment manufacturer of advanced ceramics, announced today that it has shipped production quantities of a new porous, laser-textured monolithic silicon nitride implant made of FleX SN (sintx.com/materials/flex) to be used in surgical spinal solutions. The shipment is the result of a successful collaboration with CTL Amedica to design and manufacture the new implants.
SINTX started shipping the new product in September 2021 to support an upcoming product launch which is expected in Q4. The porous structure and laser texturing of the implants is intended to enhance the existing osseointegrative...
Del Taco Expands Southeast Footprint with First North Carolina Deal
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Continues Growth Trajectory for the Brand Throughout the Southeast Region
LAKE FOREST, Calif., Oct. 06, 2021 (GLOBE NEWSWIRE) — Del Taco Restaurants, Inc. (NASDAQ: TACO), the nation’s second largest Mexican quick service restaurant*, has signed a deal with successful North Carolina-based franchise group, Ram Restaurants Inc. (“Ram Restaurants”) to open five units within the Raleigh and Durham areas. The deal, expected to bring Del Taco restaurants to North Carolina for the first time, comes only weeks after Del Taco announced a development agreement for Southern Virginia.
“On the heels of a great run of multi-year same store sales growth and a stated desire to penetrate the Southeastern US, we are seeing incredible demand for Del Taco across the region and have been working diligently to solidify partnerships with likeminded franchisees...
Visionstate Portfolio Company Launches High-tech Solar Greenhouse at U of A
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Exceed Solar is addressing the growing threat to food security
EDMONTON, Alberta, Oct. 06, 2021 (GLOBE NEWSWIRE) — Visionstate Corp. (TSX-V: VIS) (“Visionstate”) is pleased to announce that Exceed Solar, a portfolio company of Visionstate Corp., has set October 7, 2021 as the official launch date of its high-tech solar-powered greenhouse at the University of Alberta (“U of A”).
The 240-square-foot greenhouse, located adjacent to the community garden in East Campus Village, was designed by Exceed Solar through its Sol Spaces brand. The company is dedicated to building sustainable greenhouses and affordable living spaces by leveraging new construction technologies and sustainable energy solutions.
The project was funded through the University of Alberta’s Energy Management and Sustainable Operations Department, which provided...