Day: October 15, 2021
Sandusky, OH, Oct. 15, 2021 (GLOBE NEWSWIRE) — PAO Group, Inc. (OTC Pink: PAOG) today confirmed shipping its first CBD nutraceutical product to its distribution partner, North American Cannabis Holdings, Inc. (OTC Pink: USMJ).
PAOG plans to announce specifics about its first CBD nutraceutical product in an upcoming formal product launch announcement on Monday, October 18, 2021.
PAOG is targeting a market segment with a projected value of $100 billion.
PAOG expects revenue to grow rapidly following its first CBD nutraceutical product launch as the company has follow-on products lined up to follow the first product, adding to overall sales potential.
Last year, PAOG acquired intellectual property derived through research into CBD extracted in association with a patented extraction method (U.S. Patent No. 9,199,960). PAOG is developing...
Unaware of Any Undisclosed Material Change
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TORONTO, Oct. 15, 2021 (GLOBE NEWSWIRE) — At the request of the Investment Industry Regulatory Organization of Canada (IIROC), Arch Biopartners Inc. (“Arch” or the “Company”) (TSX Venture: ARCH and OTCQB: ACHFF) wishes to confirm that the Company’s management is unaware of any undisclosed material change in the Company’s operations that would account for the recent increase in market activity.
About Arch Biopartners
Arch Biopartners Inc. is a clinical stage company focused on the development of innovative technologies that have the potential to make a significant medical or commercial impact. Arch is developing a pipeline of new drug candidates that inhibit inflammation in the lungs, liver and kidneys via the dipeptidase-1 (DPEP-1) pathway for multiple medical indications.
Continuing under development in the Arch portfolio are:...
Management invests in more Hypefactors shares
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Copenhagen, Oct. 15, 2021 (GLOBE NEWSWIRE) — Announcement no. 17–2021 Managers’ transactions/capital increaseThe media intelligence SaaS company Hypefactors, providing users with a real-time overview to global and local media mentions and reputation metrics for companies, brands, competitors, industries and trends, is pleased to announce an investmernt of DKK 1 million from a small group of investors. Part of the group are early investor Augustenborg Holding Aps and – from management – Michael Østerlund Madsen (CFO), Viet Yen Nguyen (CTO), Frederik Nørby (Commercial Director) and Casper Janns (CEO). As the investment is structured as a capital increase, it benefits the company’s capital structure directly. The share price is DKK 6.4872 and the number of new shares to be issued is 154,149 increasing the total number...
Euronext Dublin Listing Rule 6.6.8 / UK Listing Rule 9.6.14 – Director Details
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Irish Continental Group plc announces that Origin Enterprises plc has today announced the appointment of Ms. Lesley Williams as a Non-Executive Director of Origin Enterprises plc, with effect from 15 October 2021.
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Tom CorcoranCompany Secretary
Glen Burnie Bancorp Declares 3Q 2021 Dividend
Written by Customer Service on . Posted in Dividend Reports And Estimates.
GLEN BURNIE, Md., Oct. 15, 2021 (GLOBE NEWSWIRE) — Glen Burnie Bancorp (NASDAQ: GLBZ), parent company of The Bank of Glen Burnie®, announced that its Board of Directors declared a regular dividend of ten cents ($0.10) per share of common stock at their meeting on October 14, 2021. This action marks the company’s 117th consecutive dividend.
The regular dividend is payable on November 8, 2021 to shareholders of record at the close of business on October 25, 2021.
Glen Burnie Bancorp, parent company to The Bank of Glen Burnie, currently maintains consolidated assets totaling $432.8 million at September 30, 2021. Founded in 1949, The Bank of Glen Burnie is a community bank with eight branch offices serving Anne Arundel County, MD (www.thebankofglenburnie.com).
Certain information contained in this news release, which does not relate...
Winnebago Industries commits to Net-Zero Greenhouse Gas Emissions by 2050
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Company will join other UN Global Compact signatories in Business Ambition for 1.5°C
EDEN PRAIRIE, Minn., Oct. 15, 2021 (GLOBE NEWSWIRE) — Winnebago Industries, Inc. (NYSE: WGO), a leading outdoor lifestyle product manufacturer, advances its commitment to environmental sustainability by joining the Business Ambition for 1.5°C. The company has set a goal to achieve net-zero greenhouse gas emissions by 2050 and commits to setting a science-based target through the Science Based Targets initiative.
The Business Ambition for 1.5°C is a campaign led by the Science Based Targets initiative (SBTi) in partnership with the UN Global Compact and the We Mean Business coalition. The commitment is designed to engage businesses, aligned with other stakeholders, to set science-based targets to limit global temperature rise to 1.5°C above pre-industrial...
Meritage Reports Third Quarter 2021 Results; Strong Demand Continued Growth
Written by Customer Service on . Posted in Earnings Releases And Operating Results.
GRAND RAPIDS, Mich., Oct. 15, 2021 (GLOBE NEWSWIRE) — Meritage Hospitality Group Inc. (OTCQX: MHGU), the nation’s premier franchise operator, today reported financial results for the third quarter and the nine months ended October 3, 2021.
2021 Third Quarter Highlights:Sales increased 8.0% to $147.5 million compared to $136.6 million for the same period last year.
Earnings from Operations were $1.8 million compared to $8.2 million for the same period last year. Last year’s results reflected significant savings due to efficiencies of operating drive-thru only as most dining rooms were close because of COVID-19 restrictions as compared to this year’s significantly higher labor costs.
Net Earnings were to $2.3 million compared to $4.6 million for the same period last year.
Consolidated EBITDA (a non-GAAP measure) was $8.5...
PURA and PAOG Partner On CBD Lab Construction And Hemp Cultivar Development
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Dallas, Texas, Oct. 15, 2021 (GLOBE NEWSWIRE) — Puration, Inc. (OTC Pink: PURA) (“PURA”) and PAO Group, Inc.’s (OTC Pink: PAOG) (“PAOG”) today confirmed PAOG’s partnership within PURA’s new Farmersville Hemp Brand initiative.
PURA is building hemp processing and cultivation partnerships with the intention of establishing an industrial hemp brand cooperative under the Farmersville Hemp Brand name. In the fashion that Sun-Maid Raisins collectively markets for growers all selling under one brand name, PURA plans to collectively market for multiple hemp growers and processors under the Farmersville Hemp Brand name.
PAOG is developing nutraceutical and pharmaceutical treatments derived from the company’s intellectual property surrounding research into CBD extracted in association with a patented extraction method (U.S. Patent No. 9,199,960). ...
SeatGeek to Participate at Upcoming J.P. Morgan Third Annual Media and Communications Industry Panel Forum
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NEW YORK, Oct. 15, 2021 (GLOBE NEWSWIRE) — SeatGeek, Inc. (“SeatGeek”) today announced that management will virtually attend the J.P. Morgan Third Annual Media and Communications Industry Panel Forum on Monday, October 18, 2021. SeatGeek’s CEO Jack Groetzinger will participate in “The Re-Return of Live Entertainment” panel at 8:10am ET.
A transcript of the panel will be featured on SeatGeek’s investor relations website following the event at https://seatgeek.com/investors.
As previously announced, on October 13, 2021, SeatGeek, the high-growth, mobile-centric technology platform that is transforming the live-event experience for fans, teams, and venues, and RedBall Acquisition Corp. (“RedBall”) (NYSE: RBAC), a publicly traded special purpose acquisition company sponsored by RedBall SponsorCo LP, an affiliate of RedBird Capital...
Interpace Biosciences Announces New $7.5 Million Credit Facility with Comerica Bank
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PARSIPPANY, NJ, Oct. 15, 2021 (GLOBE NEWSWIRE) — Interpace Biosciences, Inc. (“Interpace” or the “Company”) (OTCQX: IDXG) today announced that it, along with its subsidiaries, has entered into a new $7.5 Million revolving credit facility with Comerica Bank (the “Bank”). The facility matures on September 30, 2023 and allows for advances based on 80% of eligible accounts receivable plus an applicable non-formula amount consisting of $2,000,000 of additional availability at close, stepping down $250,000 per quarter beginning with the quarter ending June 30, 2022. The interest rate is equal to prime plus .50%, prime being the greater of the bank’s stated prime rate or the sum of the daily adjusting LIBOR rate, plus 2.5% per annum. The Bank will have a first priority security interest in substantially all of Interpace’s and its subsidiaries’...