Day: February 16, 2022

TORONTO, Feb. 16, 2022 (GLOBE NEWSWIRE) — Canadian Banc Corp. (the “Company’) is pleased to announce it has completed the overnight marketing of Preferred Shares and Class A Shares of the Company. Total gross proceeds of the offering are expected to be approximately $40.3 million. The offering is being led by National Bank Financial Inc. The sales period of the overnight offering has now ended. The offering is expected to close on or about February 24, 2022 and is subject to certain closing conditions including approval by the TSX. The Preferred Shares are being offered at a price of $10.35 per Preferred Share to yield 4.8% and the Class A Shares are being offered at a price of $15.75 per Class A Share with a target yield of 15.0%.    The closing price on the TSX of each of the Preferred Shares and the Class A Shares on February...

–Uveal melanoma is an aggressive intraocular malignancy with a poor prognosis in which 50% of patients develop metastatic disease– –Evidence implicates ferroptosis, an emerging iron-mediated cell death, as a pathway to effectively eradicate uveal melanoma in proof-of-concept animal models –HSB-1216, a novel ferroptosis inducer against solid tumors has been granted an Orphan Drug Designation for the treatment of uveal melanoma by the US FDA Bridgewater, NJ, Feb. 16, 2022 (GLOBE NEWSWIRE) — Hillstream BioPharma Inc. (Nasdaq: HILS) (“Hillstream”), a biotechnology company developing novel therapeutic candidates targeting ferroptosis, an emerging new anti-cancer mechanism resulting in iron mediated cell death for drug resistant and devastating cancers, announced the FDA granted Orphan Drug Designation to HSB-1216...

Muscle Maker, Inc.’s Pokemoto Division Executes on its Growth Strategy, Opens First Florida Location in Miami Beach, Five Additional Florida Locations on the Horizon    LEAGUE CITY, TEX., Feb. 16, 2022 (GLOBE NEWSWIRE) — via NewMediaWire – Muscle Maker, Inc. (Nasdaq: GRIL), which owns the Muscle Maker Grill Restaurants, Superfit Foods and Pokemoto concepts, today announced its Pokemoto subsidiary has opened its first Florida location in Miami Beach, Florida. The south Florida non-traditional ghost kitchen location is within a new state-of-the-art food court and will have kiosks for guests to order directly as well as service delivery orders through third party delivery apps. The location will serve Pokemoto and other ghost kitchen menu items to satisfy the Miami Beach audience.  Hundreds of thousands of residents, workers, and...

SANTA CLARA, Calif., Feb. 16, 2022 (GLOBE NEWSWIRE) — Borqs Technologies, Inc. (Nasdaq: BRQS, “Borqs”, or the “Company”), a global provider of 5G wireless solutions, Internet of Things (IoT) solutions, and innovative clean energy, announces that Nasdaq Listing Qualifications has provided written notice dated February 15, 2022, that the Company is eligible for another 180 calendar day period, or until August 15, 2022, to regain compliance with Nasdaq’s minimum $1 bid price requirement. The Company has provided written notice, as required by Nasdaq, of our intention to cure the deficiency during the second compliance period by effecting a reverse stock split, if necessary. Compliance can be attained during this additional time period if the closing bid price of the Company’s security is at least $1 per share for a minimum of 10 consecutive...

VANCOUVER, British Columbia, Feb. 16, 2022 (GLOBE NEWSWIRE) — Baden Resources Inc. (CSE: BDN) (“Baden” or the “Company“) is pleased to announce a non-brokered private placement (the “Private Placement“) consisting of up to 2,000,000 units (“Units“) at a price of $0.10 per Unit for total gross proceeds of up to $200,000. Each Unit consists of one common share (a “Common Share“) and one whole Common Share purchase warrant (a “Warrant“). Each Warrant is exercisable for one additional Common Share at an exercise price of $0.13 for a period of 15 months following the date of issuance. All securities issued pursuant to the Private Placement are subject to a statutory hold period of four months and one day from the date of issuance. The Company intends to use the...

TORONTO, Feb. 16, 2022 (GLOBE NEWSWIRE) — Noront Resources Ltd. (“Noront” or the “Company“) (TSXV:NOT) is pleased to announce the mailing of its management information circular (the “Circular“) and related form of proxy, letter of transmittal and retention election form (collectively, the “Meeting Materials“) to the shareholders of Noront (the “Shareholders“) in connection with the Special Meeting (as defined below). The Meeting Materials are being mailed to Shareholders of record as of January 31, 2022 in connection with the special meeting of Shareholders scheduled to be held on March 15, 2022 (the “Special Meeting“) to consider and, if deemed advisable, approve, among other things, the proposed plan of arrangement (the “Arrangement“) involving...

BRENTWOOD, Tenn., Feb. 16, 2022 (GLOBE NEWSWIRE) — IMAC Holdings, Inc. (Nasdaq: IMAC) (“IMAC” or “the Company”), today announces it has completed the second cohort of its Phase 1 clinical trial for its investigational compound utilizing umbilical cord-derived allogenic mesenchymal stem cells for the treatment of bradykinesia due to Parkinson’s disease. The second cohort consists of five patients with bradykinesia due to Parkinson’s disease receiving an intravenous infusion of a medium concentration stem cell treatment. The cohort was completed on Tuesday, February 15, 2022. In accordance with the trial protocol, the Company will wait at least 30 days to demonstrate safety of the medium concentration dose before initiating the third and final cohort in which five patients will receive a high concentration intravenous dose of stem...

NOT FOR DISSEMINATION IN THE UNITED STATES OR THROUGH U.S. NEWSWIRE SERVICES TORONTO, Feb. 16, 2022 (GLOBE NEWSWIRE) — Deveron Corp. (“Deveron” or the “Company”) (TSXV:FARM), a leading agriculture digital services and insights provider in North America, is pleased to announce that, due to strong investor demand, it has upsized its previously announced overnight marketed public offering (the “Offering”) of units (the “Units”) of the Company from $8 million to approximately $10 million. The Offering will be conducted by Raymond James Ltd. (“RJL”) as sole agent and sole bookrunner. The Company has granted to RJL an option to sell up to an number of additional Units, Common Shares or Warrants, or any combination thereof as is equal to 15% of the aggregate number of Units purchased in the Offering to cover over-allotments, if any, and...