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Year: 2021

Converge Technology Solutions Corp. Announces Increase to Credit Facility and Addition of J.P. Morgan Chase to Syndicate

TORONTO and GATINEAU, Quebec, Dec. 08, 2021 (GLOBE NEWSWIRE) — Converge Technology Solutions Corp. (“Converge” or “the Company”) (TSX:CTS) (FSE:0ZB) (OTCQX:CTSDF) a software-enabled IT & Cloud Solutions provider, is pleased to announce it has gained approval to increase its ABL credit facility from $190 million to $300 million in an agreement with a syndicate of banks led by CIBC. Converge will also add J.P. Morgan Chase & Co. to the Company’s syndicate of banks. “Over the course of this year, Converge has realized significant financial growth as exemplified in our recently released earnings announcement,” stated Shaun Maine, CEO of Converge. “As we move into 2022, we remain confident in our continued expansion. With nothing currently drawn on the line, the increase of $110 million to Converge’s credit facility will allow...

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Palisade Bio Granted New U.S. Patent Covering Protease Inhibitor LB1148 for Treating Adhesions and Postoperative Ileus

Issuance of Additional U.S. Patent No11,202,768 Further Bolsters Palisade Bio’s Patent Portfolio The Company Continues to Advance LB1148 for Key Indications After LB1148 Topline Efficacy Results from Phase 2 Trial Demonstrated Accelerated Return of Bowel Function Following Gastrointestinal Surgery CARLSBAD, Calif., Dec. 08, 2021 (GLOBE NEWSWIRE) — Palisade Bio, Inc. (Nasdaq: PALI), a clinical stage biopharmaceutical company advancing therapies for acute and chronic gastrointestinal (GI) complications, today announces that the United States Patent and Trademark Office (USPTO) has granted a new U.S. patent for the company’s lead investigational drug product, LB1148, for use in treating adhesions and postoperative ileus. The U.S. Patent No. 11,202,768 will issue on December 21, 2021. The issuance of this grant is the first of a recent...

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Monopar Advances Dosing of Camsirubicin to Higher Level Than Tested In Any Previous Clinical Trial

WILMETTE, Ill., Dec. 08, 2021 (GLOBE NEWSWIRE) — Monopar Therapeutics Inc. (Nasdaq: MNPR), a clinical-stage biopharmaceutical company focused on developing proprietary therapeutics designed to extend life or improve the quality of life for cancer patients, today announced the positive recommendation from its safety review committee to escalate to the second dose level in its camsirubicin Phase 1b trial in patients with advanced soft tissue sarcoma (ASTS). This decision was made following a review of safety data from the patients in the first dose cohort and will allow evaluation of a higher dose level of camsirubicin than has been administered in any prior clinical trial. “Camsirubicin belongs to a class of drugs, anthracyclines, that have repeatedly demonstrated a dose-dependent anti-tumor response,” said Andrew Mazar, PhD, Monopar’s...

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Eagle Bulk Shipping Inc. Completes First Sustainable Biofuel Voyage with GoodFuels

STAMFORD, Conn., Dec. 08, 2021 (GLOBE NEWSWIRE) — Eagle Bulk Shipping Inc. (Nasdaq: EGLE) (“Eagle Bulk”, “Eagle”, or the “Company”), one of the world’s largest owner-operators within the midsize dry bulk segment, today announced that the Company has successfully completed its first sustainable biofuel voyage in cooperation with GoodFuels, a leading biofuels pioneer for the global transport industry. The M/V Sydney Eagle (2015-built SDARI-64 Ultramax) was bunkered with GoodFuels’ advanced marine biofuel during its port call at Terneuzen, the Netherlands. Basis the Company’s calculations, the vessel’s well-to-exhaust CO2 emissions were reduced by approximately 90% during its voyage, as compared to utilizing traditional bunker fuel. Jonathan Dowsett, Director of Fleet Performance at Eagle Bulk Shipping, said: “Eagle continues to actively...

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Jerry Grisaffi, CEO of Right on Brands, Discusses New Products, 2021 Milestones and 2022 Goals in Audio Interview with SmallCapVoice.com

New SmallCapVoice.com, Inc Interview with Jerry GrisaffiJerry Grisaffi, Right on Brands’ CEO Talks with Stuart Smith of SmallCapVoice.com, Inc.AUSTIN, Texas, Dec. 08, 2021 (GLOBE NEWSWIRE) — SmallCapVoice.com Inc. (“SCV”) announces the availability of a new interview with Right on Brands, Inc. (OTC PINK: RTON), a fully reporting SEC filer and developer of a broad line of hemp-based smokables, beverages, tinctures, and topical products including products infused with CBD, Delta-8, Delta-10, THCV, CBDV, THC and Delta-9 (below the federal limit), to discuss the Company’s cutting-edge products in the health and wellness space, the drivers behind the Company’s success to date and the goals for 2022. Speaking with SCV’s Stuart Smith, Jerry Grisaffi, CEO of Right on Brands talked about, the drivers behind the record...

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Middlefield Global Real Asset Fund Announces Normal Course Issuer Bid

TORONTO, Dec. 08, 2021 (GLOBE NEWSWIRE) — Middlefield Global Real Asset Fund (the “Fund”) (TSX: RA.UN) announced that it has filed a notice with the Toronto Stock Exchange (the “TSX”) and received its approval to make a normal course issuer bid (“NCIB”). Purchases pursuant to the NCIB will be made in the open market through the facilities of the TSX. This NCIB will commence on December 13, 2021 and will terminate on December 12, 2022. In accordance with the Declaration of Trust by which the Fund is governed, market purchases pursuant to its NCIB may be effected by the Fund. The Fund had 9,409,354 units issued and outstanding as at November 30, 2021. The Fund may, during the 12-month period commencing December 13, 2021 purchase on the TSX up to 936,715 units, being 10% of the public float and may not, in any 30-day period, purchase...

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DatavaultⓇ Contracts With Agri-Fintech Company Tingo to Deliver Data Revenue to Its 10 Million International Members

Partnership will focus on the continent of Africa and data monetization strategies within the farming, agriculture and finance sectors NEW YORK, Dec. 08, 2021 (GLOBE NEWSWIRE) — via InvestorWire – Data Vault Holdings, Inc., leading the way in tokenomics and metaverse data visualization, valuation, and monetization, today announces that 10 million users will be added to the DatavaultⓇ platform via its partnership with Tingo, Inc. (OTC: IWBB), a leading Agri-Fintech business in Africa that has delivered significant impact with its unique rural communities-based business model. Tingo is on a mission to become Africa’s leading Agri-Fintech business, delivering significant social impact to many rural communities and providing a unique platform to enable financial inclusion, social upliftment, wealth creation and a sophisticated...

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Azincourt Energy Commences Road/Camp Preparation at the East Preston Uranium Project

Figure 1: Target corridors at the East Preston Uranium Project, Western Athabasca Basin SaskatchewanTarget corridors at the East Preston Uranium Project, Western Athabasca Basin SaskatchewanFigure 2: 2022 Drill Target areas at the East Preston Uranium Project2022 Drill Target areas at the East Preston Uranium ProjectFigure 3: Project Location – Western Athabasca Basin, Saskatchewan, CanadaProject Location – Western Athabasca Basin, Saskatchewan, CanadaVANCOUVER, British Columbia, Dec. 08, 2021 (GLOBE NEWSWIRE) — AZINCOURT ENERGY CORP. (“Azincourt” or the “Company”) (TSX.V: AAZ, OTCQB: AZURF), is pleased to announce that preparation of the winter road to allow access for the winter 2022 exploration program has commenced at the East Preston uranium project, located in the western...

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Beam Global Announces Expansion of EV ARC™ Fleet in a Federally Funded Research and Development Center

SAN DIEGO, Dec. 08, 2021 (GLOBE NEWSWIRE) — Beam Global, (Nasdaq: BEEM, BEEMW), the leading provider of innovative sustainable technology for electric vehicle (EV) charging, outdoor media and energy security, announced that a Federally Funded Research and Development Center has made a third repeat order to further expand its fleet of EV ARC™ solar powered EV charging systems to charge EVs, hybrids and NEVs (neighborhood electric vehicles) used in fleet operations and by employees. The latest system was purchased using the General Services Administration (GSA) Multiple Award Schedule (MAS) Contract Number 47QSWA21D0006 which simplifies the federal procurement process and ensures best pricing. The EV ARC™ system is equipped with a dual port charging station to serve the growing fleet of electric vehicles at the facility. It generates...

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ARKO Corp. Opens New Scotchman Truck Stop in Rock Hill, SC

Latest remodel is a complete raze and rebuild with updated interior and exterior design RICHMOND, Va., Dec. 08, 2021 (GLOBE NEWSWIRE) — ARKO Corp. (Nasdaq: ARKO) (“ARKO” or the “Company”), the 6th largest convenience store chain in the U.S., is announcing the completion of its latest remodeled store, the third this year. The 5,660 square foot Scotchman® store in Rock Hill, South Carolina is a complete raze and rebuild. “Our remodel initiative is focused on driving growth while delivering an enhanced customer experience,” said Arie Kotler, Chairman, President and Chief Executive Officer of ARKO. “We are focused on remodeling our stores to have a similar look and feel, all while maintaining the brands local communities know and love. This was the first chance we’ve had to apply our new interior look and customer experience to a raze...

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