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Year: 2021

Castor Maritime Inc. Announces Vessel Acquisition and New Charter Agreement

LIMASSOL, Cyprus, Dec. 20, 2021 (GLOBE NEWSWIRE) — Castor Maritime Inc. (NASDAQ: CTRM), (“Castor”, or the “Company”), a diversified global shipping company, announces that it entered, through a separate wholly-owned subsidiary, into an agreement to acquire a 2012 Japanese-built Panamax dry bulk carrier from a third-party in which a family member of Castor’s Chairman, Chief Executive Officer and Chief Financial Officer has a minority interest, for a purchase price of $23.55 million. The terms of the transaction were negotiated and approved by a special committee of disinterested and independent directors of the Company. The acquisition is expected to be concluded by taking delivery of the vessel after the completion of its ongoing dry docking and special survey that also includes the installation of a ballast water treatment system,...

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Dr. Jessica Hopfield Appointed to Berkeley Lights Board of Directors

Addition of Experienced Independent Director with Accomplished Business Record Underscores Berkeley Lights Board of Directors’ Commitment to Delivering Value for Shareholders EMERYVILLE, Calif., Dec. 20, 2021 (GLOBE NEWSWIRE) — Berkeley Lights, Inc. (Nasdaq: BLI), a leader in digital cell biology, today announced the appointment of Jessica Hopfield, Ph.D. to the Berkeley Lights’ Board of Directors as an independent director, effective December 15, 2021. “Dr. Hopfield is a respected and accomplished industry veteran, and we are thrilled to welcome her to our Board,” said Eric Hobbs, Ph.D., chief executive officer of Berkeley Lights. “With more than two decades of medical device, biotech and pharmaceutical experience, Dr. Hopfield brings to Berkeley Lights valuable strategic insight and a strong focus on performance to drive...

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New York City Department of Finance Extends Exela’s Partnership with New York State Industries for the Disabled for Tax Processing for an Additional 3 years

IRVING, Texas, Dec. 20, 2021 (GLOBE NEWSWIRE) — Exela Technologies (Nasdaq: XELA), a global business automation leader, today announced it has extended its partnership with the New York City Department of Finance and the New York State Industries for the Disabled (NYSID). Exela will provide services for tax returns. For more than twenty years, Exela has been providing innovative, robust and cost-effective solutions to federal and state departments of revenue. Some services include tax return processing, e-services, payment processing, tax data analytics and customer support services. Exela has provided solutions in partnership with NYSID and the award will extend this relationship to over a decade. “NYSID provides a great public service and we are honored to support their mission,” said Suresh Yannamani, President of Exela. “Our...

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Western Uranium & Vanadium Provides Company Updates

Toronto, Ontario and Nucla, Colorado, Dec. 20, 2021 (GLOBE NEWSWIRE) —  Western Uranium & Vanadium Corp. (CSE: WUC) (OTCQX: WSTRF) (“Western” or the ”Company”) is pleased to provide the following updates. Strategic Acquisition of Physical Uranium The Company has completed the acquisition of 125,000 pounds of natural uranium concentrate. This was announced in June 2021, and because of uranium prices at the time, Western paid a price of $32 per pound for the U3O8. Uranium currently has a spot value of ~$43 per pound. Thus a $5.4 million asset has been purchased for $4.0 million. The Company retains the optionality to hold this strategic uranium inventory as a long-term investment or use to fulfill its uranium supply agreement delivery for 2022. During 2021 there have been a multitude of catalysts for uranium miners and the...

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American Premium Water Corp. (OTC:HIPH) Retains PCAOB Auditor Turner Stone & Company to Perform 2020 and 2021 Audits

The Company Intends to Become Fully Reporting and Explore Uplist Upon Successful Completion of Audit  PLAYA VISTA, CA, Dec. 20, 2021 (GLOBE NEWSWIRE) — via NewMediaWire – American Premium Water Corporation (OTC: HIPH) (the “Company”) announces that it has retained Public Company Accounting Oversight Board (PCAOB) certified Turner Stone & Company (“Turner & Stone”) (www.turnerstone.com) to conduct a full two-year (2020 & 2021) audit of the Company. The object of the audit of the Company’s financial statements is the auditor’s expression of an opinion on the financial statements to ensure the content is fairly presented, and upon completion, the Company can take the next steps to becoming fully reporting. American Premium Water Corporation CEO Ryan Fishoff commented, “I am happy to announce that the Company has...

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Neuronetics Announces 510(k) Clearance of MT Cap Technology for NeuroStar® Advanced Therapy for Mental Health

Technology will save practitioners and patients time during motor threshold determination MALVERN, Pa., Dec. 20, 2021 (GLOBE NEWSWIRE) — Neuronetics, Inc. (NASDAQ: STIM), a commercial stage medical technology company focused on designing, developing, and marketing products that improve the quality of life for patients who suffer from neurohealth disorders, announced today that they have received 510(k) clearance on their MT Cap technology for NeuroStar® Advanced Therapy for Mental Health. A limited launch of the technology will begin in the coming weeks, with a national rollout in Q1 2022. “We’re delighted to bring to market this latest in a series of technologies designed to make the motor threshold determination process simpler and more efficient for clinicians,” stated Cory Anderson, VP of Clinical Affairs and Medical Operations....

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ElectraMeccanica to Showcase Next Generation of Eco-Friendly SOLOs for Driver-Centric Mobility at CES 2022

Vehicle maker to exhibit three examples of unique electric vehicles – including refreshed SOLO concept – designed to “right size the daily commute” VANCOUVER, British Columbia, Dec. 20, 2021 (GLOBE NEWSWIRE) — ElectraMeccanica Vehicles Corp. (NASDAQ: SOLO) (“ElectraMeccanica” or the “Company”), a designer and manufacturer of electric vehicles, today announced that the next revolution in fully-electric urban mobility is coming to the Consumer Electronics Show (CES) 2022, where the Company will showcase several variants of their award-winning single-seat, three-wheel electric SOLO EV at the Las Vegas Convention Center from January 5-8, 2022. First previewed at CES in 2018, where it won the IHS Markit Innovation Award, the SOLO EV redefines the idea of personal urban transportation. Today, almost 80 percent...

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Muscle Maker Inc.’s Pokemoto Division Signs 4 New Franchise Agreements, Expands Connecticut Market

Brand announced signing 25 new franchise agreements over last 45 days, fueling growth by 238% since May 2021   LEAGUE CITY, TX, Dec. 20, 2021 (GLOBE NEWSWIRE) — via NewMediaWire — Muscle Maker, Inc.’s (Nasdaq: GRIL) newest subsidiary Pokemoto, a 19-location and growing Hawaiian poke bowl concept known for its healthier modern culinary twist on a traditional Hawaiian poke classic, today announced that it has signed four new franchise agreements in Connecticut, the brand’s core market with the heaviest concentration of Pokemoto eateries. Pokemoto is the largest Hawaiian Poke chain in the state and the newly signed agreements will bring its total count in Connecticut to fourteen locations – six corporate owned and operated stores, four open and operating franchise stores plus the four newly signed franchise agreements.  Pokemoto...

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Imperial Mining Awarded a $100,700 Grant to Undertake a Comprehensive Scandium Market Study

MONTREAL, Dec. 20, 2021 (GLOBE NEWSWIRE) — Imperial Mining Group Ltd. (“Imperial”) (TSX VENTURE: IPG; OTCQB: IMPNF) is pleased to announce that it has partnered with Investment Quebec and the Baie-Comeau Regional Industrial Development Agency (“IDM”) to undertake a comprehensive scandium market study. The study will look at the benefits of establishing a North American supply of scandium and scandium-aluminum alloys products and determine the industrial and technological development impacts on the Baie-Comeau region, in general, and the Quebec aluminum industry, in particular. In July 2021, a collaboration agreement was signed between Imperial Mining Group and Innovation et Développement Manicouagan. This agreement was the catalyst for the awarding of a $100,700 grant by Investissement Québec ($ 50,700) in the SME Action...

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Ducommun Incorporated Announces the Completion of Strategic Sale-Leaseback Transaction with CenterPoint Properties

SANTA ANA, Calif., Dec. 20, 2021 (GLOBE NEWSWIRE) — Ducommun Incorporated (NYSE: DCO), a global supplier of innovative electronic and structural solutions for the aerospace and defense industry, completed a sale-leaseback transaction with an affiliate of CenterPoint Properties on December 16, 2021. The transaction involved the company’s wholly-owned subsidiary, Ducommun Aerostructures, Inc., and its industrial property located on Gardena Blvd., in Carson, California (the “Property”). Under the terms of the purchase and sale agreement, the Property was sold for an aggregate cash purchase price of approximately $143 million and generated approximately $110 million in net after-tax cash proceeds. “I am very pleased about the closing of the sale-leaseback transaction of our Gardena performance center, located in Carson, California,”...

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