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Day: February 8, 2022

Stantec selected by Southern Nevada Water Authority to help deliver critical Stage II Reliability Upgrades Project

Comprehensive project to support sustainable, resilient, and redundant water future for the Las Vegas Valley EDMONTON, Alberta and NEW YORK and LAS VEGAS, Feb. 08, 2022 (GLOBE NEWSWIRE) — TSX, NYSE:STN The Southern Nevada Water Authority (SNWA) has selected Stantec, a global leader in sustainable design and engineering, to help deliver the US$125 million Stage II Reliability Upgrades Project to support long-term sustainable and resilient water access for the Las Vegas Valley. “We’re incredibly excited to support SNWA on this critical water reliability project,” said Margaret Regan, Stantec’s project manager, based in Las Vegas. “Drought impacts have only increased the need for a reliable and sustainable water source. We look forward to helping the Las Vegas Valley have a safe and sustainable water delivery system for decades to...

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Biomerica Announces Positive Topline Results from the Endpoint Clinical Trial of its InFoods® IBS Treatment for Patients with Irritable Bowel Syndrome

InFoods® IBS Diagnostic-Guided Therapy is the first therapy of its kind using science, diet and technology to identify patient specific foods, which when eliminated, help reduce the symptoms of IBS without the use of drugs Multiple endpoints demonstrated statistically significant improvements, indicating that the elimination of specific foods may meaningfully reduce the symptoms of IBS in all subtypes (clinical study included patients with IBS-Constipation, IBS-Diarrhea & IBS-Mixed) Greatest clinical improvements, including but not limited to pain and bloating, were seen in patients diagnosed with IBS-Mixed and IBS-Constipation The InFoods® IBS trial was run at leading medical institutions including Mayo Clinic, Beth Israel Deaconess Medical Center Inc., a Harvard Medical School Teaching Hospital, Houston Methodist Hospital and...

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Mexco Energy Corporation Reports Financial Results for Third Quarter

MIDLAND, TX, Feb. 08, 2022 (GLOBE NEWSWIRE) — Mexco Energy Corporation (NYSE American: MXC) today reported net income of $1,857,136, or $0.89 per diluted share, for the nine months ended December 31, 2021, compared to a net loss of $261,143, or $(0.13) per diluted share, for the nine months ended December 31, 2020. Operating revenues were $4,413,023 for the nine months ended December 31, 2021, a 159% increase from $1,706,392 for the December 31, 2020 nine-month period resulting from a 22% increase in oil production and a 9% increase in natural gas production as well as increases in the average sales price of oil and natural gas to $69.64 per barrel (a 101% increase) and $4.29 per Mcf (a 184% increase), respectively, for the nine months ended December 31, 2021. Net income was $753,302, or $0.36 per diluted share, for the quarter...

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Spar Nord Bank A/S publishes listing prospectus

Company announcement no. 2Spar Nord Bank A/S publishes listing prospectus for the admission to trading and listing of DKK 600,000,000 Perpetual Non-cumulative Fixed to Floating Rate Additional Tier 1 Capital NotesIn continuation of company announcement 6/2021 (1 March 2021), Spar Nord hereby announces that the Danish Financial Supervisory Authority has today approved a listing prospectus of the DKK 600,000,000 Perpetual Non-cumulative Fixed to Floating Rate Additional Tier 1 Capital Notes. The bonds (DK0030484464) issued with 8 March 2021 as the value date are now admitted for trading and official listing on NASDAQ OMXCopenhagen with the first listing date on 9 February 2022. The prospectus will be available at https://www.sparnord.com/en/investor-relations/#debtinfoPlease direct any questions regarding this release to Jan Frølund...

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EagleBank Provides Financing for DC Preparatory Academy

Funding will support new 5-acre middle school campus in Washington, DC BETHESDA, Md., Feb. 08, 2022 (GLOBE NEWSWIRE) — EagleBank, one of the largest community banks in the Washington, DC area, today announced it provided $52 million in financing to support DC Preparatory Academy, including the development costs of a new 5-acre middle school campus located at 2230 Pomeroy Rd, SE. “Our team is proud to support the exciting development of DC Prep’s new campus,” said Lindsey Rheaume, Chief C&I Lending Officer at EagleBank. “It was a pleasure to partner with DC Prep on this deal and as a trusted community partner, we look forward to future opportunities to support the mission of bridging the educational divide in Washington DC.” A portion of the $51 million loan will fund the Phase I development costs of one of DC Prep’s middle...

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Verde doubles year-on-year Earned Growth Rate

BELO HORIZONTE, Brazil, Feb. 08, 2022 (GLOBE NEWSWIRE) — Verde AgriTech Plc (TSX: “NPK”) (OTCQB: “AMHPF”) (“Verde” or the “Company”) is pleased to announce a rate of 165% Earned Growth in 2021, compared to a rate of 61% in 2020, demonstrating a higher client repurchase rate and successful client referrals. The Earned Growth Rate (“EGR”) measures the sales growth by volume generated by returning customers and new client purchases made by existing clients’ referrals.1 The Earned Growth methodology was created by Fred Reichheld, a business strategist at Bain & Company who is renowned for his research and writing on the loyalty business model and loyalty marketing, and author of Winning on Purpose: The Unbeatable Strategy of Loving Customers.2 EGR was created as a metric framework for customer success in lieu of traditional methodologies,...

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Mimecast to Highlight API Integrations and the Power of Together During Free Virtual Conference

SecOps Virtual 2022 will feature industry experts and participation from integration partners CrowdStrike, Palo Alto Networks, Secureworks, Rapid7, Netskope & Exabeam LEXINGTON, Mass., Feb. 08, 2022 (GLOBE NEWSWIRE) — Mimecast Limited (NASDAQ: MIME), a leading email security and cyber resilience company, today announced SecOps Virtual 2022, a complimentary virtual conference where security, IT, and compliance leaders will come together to exchange insights, network and learn from leading organizations and industry experts. Mimecast’s robust API integrations are designed to allow organizations to gain greater visibility into their threat landscape, allowing security operations teams to accelerate threat detection and response. Attendees of SecOps Virtual will learn the challenges of modern-day SecOps and the best practices...

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Vir Biotechnology Appoints Johanna Friedl-Naderer as Executive Vice President and Chief Business Officer, Global

Seasoned Biotech Executive Brings 25 Years’ Global Commercial Experience to Vir SAN FRANCISCO, Calif., Feb. 08, 2022 (GLOBE NEWSWIRE) — Vir Biotechnology, Inc. (Nasdaq: VIR) today announced the appointment of Johanna Friedl-Naderer as Executive Vice President and Chief Business Officer, Global, effective March 2, 2022. Reporting to Vir’s Chief Executive Officer George Scangos, Ph.D., and joining Vir’s senior leadership team, Friedl-Naderer will be responsible for shaping the company’s corporate and portfolio strategy, leading the global commercial organization and driving business development efforts. “Johanna is an experienced commercial executive with an impressive range of global operational expertise and leadership success, and I am thrilled to have the opportunity to work with her again,” said Dr. Scangos. “She will be critical...

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Cenovus announces 2021 fourth-quarter and full-year results

Liwan rigThe platform at Husky’s Liwan Gas Project offshore China.Cenovus’s Christina Lake projectCenovus’s Christina Lake project in northern Alberta uses steam-assisted gravity drainage (SAGD) to produce oil.CALGARY, Alberta, Feb. 08, 2022 (GLOBE NEWSWIRE) — Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) delivered record oil sands production in the fourth quarter of 2021, contributing to total upstream output of more than 825,000 barrels of oil equivalent per day (BOE/d)1 and almost 792,000 BOE/d1 for the full year. The company generated fourth-quarter cash from operating activities of $2.2 billion and adjusted funds flow of $1.9 billion. With free funds flow of $1.1 billion in the quarter, and proceeds from recent divestitures, net debt was below $9.6 billion at year end, a reduction...

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Grapefruit USA, Inc. Comments on the NFL’s Recent $1 Million Award to Study the Use of Cannabis and CBD to Manage Pain

LOS ANGELES and DESERT HOT SPRINGS, Calif., Feb. 08, 2022 (GLOBE NEWSWIRE) — via InvestorWire — Grapefruit USA, Inc. (OTCQB: GPFT) (“Grapefruit” or the “Company”), an innovative California-based cannabiotech company, comments on the National Football League’s recent award of a $1 million research grant to study the use of cannabinoids to manage pain.   On Feb. 1, 2022, the NFL awarded $1 million to two teams of medical researchers to study the effects of cannabinoids, including cannabis, on pain management and neuroprotection from concussion in NFL players. Researchers from the University of San Diego will investigate the effects of cannabinoids on pain caused by and recovery from sports-related injuries in NFL players. A second medical team from the University of Regina in Canada will investigate the use of naturally produced...

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