Day: October 27, 2021
Charlotte, NC, Oct. 27, 2021 (GLOBE NEWSWIRE) — Ballantyne Strong, Inc. (NYSE American: BTN) (the “Company”) today announced that the Company will issue its 2021 third-quarter financial results after the market close on Wednesday, November 10, 2021. The Company’s financial results and an accompanying slide presentation will be available on the Investor Relations page of the Company’s website at ballantynestrong.com/investors.
A conference call to discuss the Company’s 2021 third-quarter financial results will be held on Wednesday, November 10, 2021 at 5:00 pm Eastern Time. Interested parties can listen to the call via live webcast or by phone. To access the webcast, visit the Company’s website at ballantynestrong.com/investors or use following link: BTN Webcast Link. To access the conference call by phone, dial (800) 671-8739...
Prophix Broadens its Reach and Capabilities with the Acquisition of Sigma Conso
Written by Customer Service on . Posted in Mergers And Acquisitions.
MISSISSAUGA, Ontario and BRUSSELS, Belgium, Oct. 27, 2021 (GLOBE NEWSWIRE) — Prophix, a global leader in Corporate Performance Management (CPM) software, today announced the acquisition of Brussels, Belgium-based Sigma Conso, a CPM software and services provider with a recognized expertise in financial close management and financial planning and analysis.
Prophix has acquired Sigma Conso from Fortino Capital, a European B2B software investor. The acquisition will see Sigma Conso’s technology being added, and eventually integrated, into the Prophix solution. Similarly, their employees will now become part of the Prophix organization.
As an innovative leader in cloud-based CPM, Prophix enables mid-market companies across multiple industries worldwide to improve their financial reporting capabilities, while also standardizing and...
NUGS Announces Fully Executed MOU to Acquire Large Capacity Indoor Cannabis Cultivation Facility
Written by Customer Service on . Posted in Mergers And Acquisitions.
LOS ANGELES, Oct. 27, 2021 (GLOBE NEWSWIRE) — via InvestorWire — Cannabis Strategic Ventures (OTCQB:NUGS) (“NUGS” or the “Company”), an emerging leader in the U.S. cannabis marketplace, is pleased to announce the signing of a Memorandum of Understanding (the “MOU”) between Cannabis Strategic Ventures and Devine Solutions, Inc., a California corporation, relating to the proposed acquisition by NUGS of an indoor cannabis cultivation facility (the “Facility”) in Sacramento, CA.
According to the terms of the MOU, the Company intends to purchase 10% of the Facility at a valuation of $15 million for the entire Facility, with an option to purchase an additional 41% of the Facility (which would comprise a controlling 51% stake) at this same valuation.
The Facility is approximately 15,600 square feet and has the potential to house...
InnerScope Hearing Technologies (OTC: INND) Acquiring Hearing Assist – Walmart’s Largest Hearing Aid Supplier
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Highlights of Hearing Assist II LLC Over 500,000 Hearing Aids Sold
Nearly 400,000 customers
Sold in 757 Walmart Stores & on Walmart.com
Generated $72 Million in top-line revenuesROSEVILLE, Calif., Oct. 27, 2021 (GLOBE NEWSWIRE) — via InvestorWire — InnerScope Hearing Technologies Inc. (OTC: INND) (“InnerScope”), an emerging and disruptive leader in the Direct-to-Consumer Hearing Technology space, is pleased to announce today it has entered into a Letter of Intent (the “LOI”) to acquire 100% of the equity in Hearing Assist II LLC. (“HearingAssist”). The LOI was executed on Oct. 19, 2021, and currently, InnerScope and HearingAssist are working on the definitive agreement with the expected close date of Nov. 15, 2021 (the “Acquisition”).
Founded in 2008, headquartered...
LexaGene’s MiQLab™ System Selected to be a Best in Show Spotlight at the 47th Annual Industry Petcare Innovation Summit
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BEVERLY, Mass., Oct. 27, 2021 (GLOBE NEWSWIRE) — LexaGene Holdings, Inc., (OTCQB: LXXGF; TSX-V: LXG) (“LexaGene” or the “Company”), a molecular diagnostics company that has commercialized an instrument for automated multiplex PCR testing for veterinary diagnostics, today announced it has been selected as a Best in Show Spotlight company at the Petcare Innovation Summit to be held in Boston, MA in early December.
Dr. Jack Regan, LexaGene’s CEO and Founder stated, “It is an honor to have LexaGene selected amongst the many applicants. I’m pleased the selection committee recognized how innovative and revolutionary the MiQLab System is for the veterinary industry. The MiQLab allows for in-hospital evidence-based decision making so antimicrobials are only prescribed when necessary and are appropriately selected. I’m excited to have LexaGene...
CTS Announces Third Quarter 2021 Results
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Solid Financial Results Driven by Long-Term Diversification of the Business
LISLE, Ill., Oct. 27, 2021 (GLOBE NEWSWIRE) — CTS Corporation (NYSE: CTS) today announced third quarter 2021 results.Sales were $122.4 million, up 8% year-over-year. Sales to non-transportation end markets increased 24%, and sales to transportation end market decreased 5%. The Sensor Scientific acquisition added $1.8 million of sales in the third quarter of 2021.
Net loss was $63.9 million, or $(1.97) per diluted share, versus $11.1 million, or $0.34 per diluted share, in the third quarter of last year. The third quarter net earnings were impacted by a non-cash charge of $76 million, net of taxes related to the previously disclosed termination of the U.S. pension plan.
Adjusted diluted EPS was $0.46, up from $0.34 in the third quarter of 2020.
Free cash...
Titanium Corporation Reports the Third Quarter Ended September 30, 2021 Results and Provides a Project Update
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CALGARY, Alberta, Oct. 27, 2021 (GLOBE NEWSWIRE) — Titanium Corporation Inc. (the “Company” or “Titanium”) (TSX-V: TIC) today released its results for the three and nine month periods ended September 30, 2021.
During the first nine months of 2021, the joint Titanium and Canadian Natural Resources Limited (“Canadian Natural”) project team completed critical milestones related to the CVW™ Horizon Project (“Project”) related to the Class 3 cost estimate update for the Project, including engineering validation, optimization, and economics, which remains under review. The on-going review includes Project costs, environmental and operational benefits and overall Project economics. Also, during the period, the Company submitted government milestone reports, collected over $3.0 million of non-repayable government funding contributions...
Pasithea Therapeutics Announces Successful Treatment of First Patients in the UK with Ketamine Infusion Therapy
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– Pasithea Clinics commences IV ketamine infusion therapy in Knightsbridge, London, for the treatment of mental health disorders –
MIAMI BEACH, Fla., Oct. 27, 2021 (GLOBE NEWSWIRE) — Pasithea Therapeutics Corp. (Nasdaq: KTTA) (“Pasithea” or the “Company”), a novel biotechnology company focused on the research and discovery of new and effective treatments for psychiatric and neurological disorders, today announced that Pasithea Clinics, its wholly owned subsidiary, has administered intravenous (“IV”) ketamine therapy to its first patients. In sub-anesthetic doses, ketamine has shown to be highly effective at treating some psychiatric disorders, such as treatment-resistant depression and post-traumatic stress disorder.
“With major depression the leading cause of long-term disability worldwide and mental health cases on the rise,...
Monarch Mining Prepares Beaufor Mine and Beacon Mill for the Restart of Operations
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Monarch Mining: Photos of Beaufor and Beacon preparation workRehabilitation of 900 metres of rail trackMonarch Mining: Photos of Beaufor and Beacon preparation workRecommissioning of loaders and trucksMonarch Mining: Photos of Beaufor and Beacon preparation workDismantling surface ventilation system at the Pascalis shaftMonarch Mining: Photos of Beaufor and Beacon preparation workBeacon mill filter drum inspectionMONTREAL, Oct. 27, 2021 (GLOBE NEWSWIRE) — MONARCH MINING CORPORATION (“Monarch” or the “Corporation”) (TSX: GBAR) (OTCQX: GBARF) is pleased to provide an update on the restart of operations at the Beaufor Mine and Beacon Mill, scheduled to begin in the coming weeks in preparation for the start of mining in 2022. Rehabilitation work at the two sites is...
NFI receives order from New York State’s RTS for 10 zero-emission New Flyer buses
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NFI’s New Flyer Xcelsior CHARGE NGNFI’s New Flyer Xcelsior CHARGE NG – battery-electric, zero-emission, next-generation busST. CLOUD, Minn., Oct. 27, 2021 (GLOBE NEWSWIRE) — (TSX: NFI, OTC: NFYEF) NFI Group Inc. (“NFI”), a leading independent global bus and coach manufacturer and a leader in electric mass mobility solutions, today announced a new order from Regional Transit Service (“RTS”) in Rochester, New York for 10 forty-foot Xcelsior CHARGE NG™ battery-electric heavy-duty transit buses from NFI subsidiary New Flyer of America Inc. (“New Flyer”). The purchase, made from a five-year contract established in 2019 with RTS, follows RTS’ 2020 order of 10 zero-emission Xcelsior CHARGE® transit buses and is supported by the Federal Transit Administration (“FTA”).
RTS is a regional transportation...