Month: November 2021

As announced last 2 September, Skeljungur entered into exclusive negotiations with Sp/f Orkufelagið on the sale of all the shares in Skeljungur’s subsidiary in the Faroe Islands, P/F Magn, based on a received purchase offer. Last 31 October it was announced that reservations in the purchase offer made by Sp/f Orkufelagið regarding financing and the conclusions of due diligence had either been met or withdrawn. The announcement further disclosed that Skeljungur had agreed to participate in Sp/f Orkufelagið’s financing by re-investing up to 23% of the total selling price of the transaction in Sp/f Orkufelagið. It was also noted that further details of the financial impact of the transaction and Skeljungur’s involvement with Sp/f Orkufelagið would be provided at the time of finalisation of documentation regarding the sale. A purchase agreement...

VANCOUVER, British Columbia, Nov. 30, 2021 (GLOBE NEWSWIRE) — Icanic Brands Company Inc. (“Icanic” or the “Company”) (TSX-V: ICAN) announces today that, as a result of delays to its audit, the Company’s annual financial statements and accompanying management’s discussion and analysis for the fiscal year ended July 31, 2021 (the “Annual Filings”) were not finalized by November 29, 2021, being the date that such filings are due under applicable Canadian securities law requirements. The Company has applied for, and has been granted, a management cease trade order (the “MCTO”) by the British Columbia Securities Commission. The Company has been delayed in filing its audited financial statements as a result of Covid-19 related delays in obtaining information with respect to subsidiaries acquired during the fiscal period....

WINNIPEG, Manitoba, Nov. 30, 2021 (GLOBE NEWSWIRE) — DELTA 9 CANNABIS INC. (TSX: DN) (OTCQX: DLTNF) (“Delta 9” or the “Company”), is pleased to announce the opening of a US based showroom in Valley City, North Dakota, for sales of the Company’s proprietary grow system. The showroom facility will provide potential Grow Pod customers with a stateside option to view working infrastructure in the United States. Delta 9 has now sold over 250 Grow Pods to third party facilities across North America. “We are continuing to ramp up our marketing efforts for our Grow Pods in the United States market and this new showroom will play an important role in our US strategy,” said John Arbuthnot, CEO of Delta 9, “We feel the US market will provide a significant growth opportunity for our B2B and equipment products...

ROSH HA’AYN, Israel, Nov. 30, 2021 (GLOBE NEWSWIRE) — Kornit Digital (Nasdaq: KRNT), a worldwide market leader in sustainable, on-demand, digital textile production technologies, announced today that management will participate in a fireside chat discussion and conduct one-on-one meetings at the following conference: Barclays Global Technology, Media and Telecommunications ConferenceDate:  Tuesday, December 7, 2021Virtual Fireside Chat Discussion Time: 10:55 am EST The virtual fireside chat discussion will be available via live audio webcast and archived for replay on Kornit’s investor relations website at http://ir.kornit.com/. About Kornit DigitalKornit Digital (NASDAQ: KRNT) is a worldwide market leader in sustainable, on-demand, digital fashion and textile production technologies. The company is writing the operating system...

Not for distribution to U.S. newswire services or for dissemination in the United States TORONTO, Nov. 30, 2021 (GLOBE NEWSWIRE) — Giyani Metals Corp. (TSXV:EMM, GR:A2DUU8) (“Giyani” or the “Company“), announces the filing of its final prospectus for its previously announced bought deal public offering of units to raise approximately $10 million (the “Offering“). The Offering is led by Cormark Securities Inc. and Beacon Securities Limited (the “Co-Lead Underwriters“) pursuant to which the Co-Lead Underwriters have agreed to purchase 22,727,300 units (the “Units“) from the treasury of the Company, at a price of $0.44 per Unit for total gross proceeds to Giyani of approximately $10 million. Each Unit will consist of one common share of the Company (a “Common Share“)...

Moses Lake, WA, 30 November, 2021: The CEO of REC Silicon ASA (“REC Silicon” or the “Company”), Tore Torvund, has decided to step down from his role. Torvund is turning 70 years and his decision has been discussed and agreed with the Board of Directors. Torvund has been instrumental in developing REC Silicon. The Board of Directors will thank him for his valuable contribution, over the last 12 years, in bringing the company to where it is today. The current CFO of REC Silicon ASA, James A. May II, will act as CEO while the Board of Directors finalize its search and recruitment of a new CEO. The current corporate controller Douglas Moore will act as CFO. As was announced by REC Silicon on 11 November 2021, Hanwha Solutions has expressed a strong desire to be represented on the board of the Company following completion of the announced investment...

Unique PD-L1-mediated immune changes and early signs of anti-tumor activity with MT-6402 Continued dose-finding with MT-5111 and MT-0169 Pipeline advancing with IND planned for CTLA-4 program in 2H22 MTEM to Present at Evercore ISI 4th Annual HealthCONx on December 2nd, 2021 AUSTIN, Texas, Nov. 30, 2021 (GLOBE NEWSWIRE) — Molecular Templates, Inc.(Nasdaq: MTEM, “Molecular Templates,” or “MTEM” or “the Company”), a clinical-stage biopharmaceutical company focused on the discovery and development of proprietary targeted biologic therapeutics, engineered toxin bodies (ETBs), provided a corporate update and outlined expected 2022 milestones. “2021 was a year of growth for MTEM as we advanced our multiple pipeline programs,” said Eric Poma, Ph.D., Chief Executive and Chief Scientific Officer of Molecular Templates. “As we end the year...

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES (Note: All dollar amounts in this news release are expressed in U.S. dollars, except as otherwise noted). TORONTO, Nov. 30, 2021 (GLOBE NEWSWIRE) — Fairfax India Holdings Corporation (“Fairfax India” or the “Company”) (TSX: FIH.U) announces that it has completed the initial closing of its investment in Maxop Engineering Company Private Limited (“Maxop”). In connection with the initial closing, Fairfax India invested INR 2.22 billion (approximately $30 million at current exchange rates) for a 51% equity interest in Maxop. In the second transaction, Fairfax India will invest up to INR 2.66 billion (approximately $35 million at current exchange rates), such amount to be determined based on the achievement by Maxop of certain financial-based performance...