Day: January 27, 2022

TORONTO, Jan. 27, 2022 (GLOBE NEWSWIRE) — Generation Mining Limited (TSX: GENM) (OTCQB: GENMF) (“Gen Mining” or the “Company”) and Biigtigong Nishnaabeg (“BN”) are proud to announce the signing of a Memorandum of Agreement (“the MOA”) for the Marathon Palladium Copper Project (“Marathon Project”) located in Northwestern Ontario. This MOA signals another important milestone for the Marathon Project, as it nears regulator approval through the environmental assessment process and is in line with Gen Mining’s Indigenous relations policy and practice of maximizing community participation and benefits throughout the life of the project. The Company recognizes that there are established businesses within the BN community that can contribute to the Marathon Project, and we are proud to formalize this commitment with the signing...

NEWPORT BEACH, Calif. and SALT LAKE CITY, Jan. 27, 2022 (GLOBE NEWSWIRE) — Verb Technology Company, Inc. (Nasdaq: VERB) (“VERB” or the “Company”), the leader in interactive video-based sales enablement applications, including interactive livestream ecommerce and shoppable video, webinar, CRM, and marketing applications for enterprises and entrepreneurs, today announced that Rory J. Cutaia, CEO of VERB, will be available to meet with institutional investors on a one-on-one basis at A.G.P.’s Virtual Emerging Growth Technology Conference on Wednesday, February 2, 2022. Mr. Cutaia will provide an overview of the Company and showcase VERB’s interactive and shoppable video technology solutions, including the forthcoming launch of MARKET, a 24/7 multivendor, livestream shopping platform designed to host scores...

MONACO, Jan. 27, 2022 (GLOBE NEWSWIRE) — Scorpio Tankers Inc. (NYSE:STNG) (“Scorpio Tankers,” or the “Company”) announces that the Company has entered into agreements to sell 14 vessels (two MRs and 12 LR1s), an update on financings, and the preliminary Q4 2021 daily TCE revenues. Agreements to Sell 14 Vessels and Update on Financings The Company has entered into agreements to sell two MRs (2013 built STI Fontvieille and 2019 built STI Majestic) and 12 LR1s. The sale prices of STI Fontvieille, STI Majestic, and the 12 LR1s are $23.5 million, $34.9 million, and $413.8 million, respectively.  The Company is expected to raise additional liquidity of approximately $189 million from these transactions, which are expected to close in the first and second quarters of 2022. Separately, the Company is in discussions with a financial institution...

Company intends to use net proceeds to execute on its business model SAFETY HARBOR, FL, Jan. 27, 2022 (GLOBE NEWSWIRE) — Cryptyde, Inc., currently a wholly owned subsidiary of Vinco Ventures, Inc (Nasdaq: BBIG), which is expected to trade, if approved by Nasdaq, under the symbol TYDE, a blockchain technology company focused on consumer adoption of smart contract technologies, announced it has entered into definitive agreements for a debt and common equity raise of $42 million. Secured convertible senior notes (the “Notes”) in the amount of $33.3 million are expected to be sold to an institutional investor for $30 million and mature in 2025, unless earlier converted, redeemed or repurchased. If converted, the Notes convert into shares of Cryptyde common stock at $10.00 per share. In addition, the company has entered into an agreement...

Sprouts to Carry 16 New Reed’s® SKUs Across All 376 Stores NationwideReed’s® Launches Multiple New Beverages in Sprouts Farmers MarketSprouts to Carry 16 New Reed’s® SKUs Across All 376 Stores NationwideNORWALK, Conn., Jan. 27, 2022 (GLOBE NEWSWIRE) — Reed’s Inc.® (NASDAQ: REED) (“Reed’s” or the “Company”), owner of the nation’s leading portfolio of handcrafted, all-natural ginger beverages, announced today that it will begin distributing 16 new SKUs to Sprouts Farmers Market Inc. (NASDAQ: SFM) (“Sprouts”). The Sprouts partnership kicked off in 2021 with the launch of Reed’s Ginger Ale and Ginger Beer, both in original and zero sugar options. Following a strong year of sell-through, Sprouts and Reed’s are expanding its distribution agreement to include multiple Reed’s Zero Sugar Ginger Ale flavors, Virgil’s Original...

Republic Bank 51st & 3rdRepublic Bank Hires Greg LiCalziPHILADELPHIA, Jan. 27, 2022 (GLOBE NEWSWIRE) — Republic First Bancorp, Inc. (NASDAQ: FRBK), the parent company of Republic Bank, today announced the hire of Gregory LiCalzi as Senior Vice President and Director of Nonprofit and Government Banking. In this role, Greg will be responsible for working with the bank’s new and existing nonprofit and municipal customers. He will also assist with other aspects of municipal finance and capital markets, a key area of focus for the bank. Greg comes to Republic Bank with extensive public finance experience, previously holding senior roles at a number of investment banking institutions in New York City over the past 15 years. Most recently, he served as Senior Vice President in the Project Finance Department of Roosevelt...

Gaithersburg, MD, Jan. 27, 2022 (GLOBE NEWSWIRE) — Sodexo, a leader in food services and facilities management, announced today the company’s commitment to support the renewable energy infrastructure by purchasing renewable energy credits (RECs) covering 50 percent of electricity consumption by the end of FY22 and 100 percent by FY23. This commitment is fueled by Sodexo’s joining of RE100 in 2021, the global initiative bringing together the world’s most influential businesses committed to 100 percent renewable electricity. “We’re proud to directly support renewable electricity infrastructure and achieve our commitment early,” explained Jessica Synkoski, Vice President, Sustainability and Corporate Social Responsibility, Sodexo North America. “We were also proud to be the first food services and facilities management company to...