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Month: April 2022

Troilus Announces New Gold Discovery on Globex’s Lac Testard Royalty Property

Location of Troilus Drill Holes Source: Troilus Press Release March 31, 2022.ROUYN-NORANDA, Quebec, April 04, 2022 (GLOBE NEWSWIRE) — GLOBEX MINING ENTERPRISES INC. (GMX – Toronto Stock Exchange, G1MN – Frankfurt, Stuttgart, Berlin, Munich, Tradegate, Lang & Schwarz, LS Exchange, TTMzero, Düsseldorf and Quotrix Düsseldorf Stock Exchanges and GLBXF – OTCQX International in the US) is pleased to inform shareholders that Troilus Gold Corp. (TLG-TSX, CHXMF-OTCQX) has announced “drill results from its high-grade gold-copper-silver Testard target located approximately 10 kilometres south of the main mineral corridor and former mine site”. The new gold discovery is located on a group of five Globex royalty property cells acquired from Globex in 2020 as part of a larger 91 cell acquisition deal announced by Globex in a press release...

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Griesemer Appointed to QCR Holdings, Inc. Board of Directors

MOLINE, Ill., April 04, 2022 (GLOBE NEWSWIRE) — QCR Holdings, Inc. (NASDAQ: QCRH) (“QCR Holdings”) today announced the appointment of John F. Griesemer to the QCRH Board of Directors, Guaranty Bank’s parent company. “We’re pleased to have John Griesemer join our Board. His experience leading a successful family of companies and his strong community involvement will be a valuable addition to our team,” said Larry Helling, QCR Holdings Chief Executive Officer. “As a former Guaranty Federal Board member, John also brings a unique and important perspective to the Board early as we expand our presence in southwest Missouri.” Griesemer is a Missouri native and has served as President, Chief Executive Officer of Erlen Group since 2018, and a member of the Erlen Group Board of Directors since 1993. The Erlen Group is a privately-held family...

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Medical Marijuana, Inc. Subsidiary Kannaway® Included on New FSA List of CBD Novel Food Applicants

SAN DIEGO, CA, April 04, 2022 (GLOBE NEWSWIRE) — via NewMediaWire – Medical Marijuana, Inc. (OTC: MJNA) (the “Company”), the first-ever publicly traded cannabis company in the United States that launched the world’s first-ever cannabis-derived nutraceutical products, brands, and supply chain, announced today that its subsidiary Kannaway® has been included on the recently published list of brands that have submitted Novel Foods applications to the UK Food Standard Agencies (FSA) for their cannabidiol (CBD) products. According to the Association for the Cannabinoid Industry (ACI), the UK’s total sales of CBD products in 2021 was £690 million, making it the second-largest market for consumer CBD, only slightly behind the U.S. This new list contains the names of products that were on the market before February 13, 2020, and have demonstrated...

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Life Clips Subsidiary Belfrics Group Launches India’s First Phygital Center in Pune

Plans to launch 200 more phygital centers throughout India Positioning to onboard more than 100,000 crypto traders in the next 12 months Focus on reaching more than 300,000 businesses to offer digitization of employee payroll Intends to have 100,000 students for its Credibel Education digilocker solutionAVENTURA, Fla. and MUMBAI, India, April 04, 2022 (GLOBE NEWSWIRE) — Life Clips, Inc. (OTC Pink: LCLP) (the “Company”) today announced its Belfrics Group subsidiary has launched India’s first phygital center to offer trading in cryptocurrencies and blockchain services in Pune. In a November 9, 2021 press release, Life Clips Belfrics announced it planned to expand its technology team and open 200 independently owned phygital centers in the next six months to meet the demands of the fast-growing Indian cryptocurrency market. This...

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Two Six Technologies Acquires River Loop Security

Strategic Combination Enhances Two Six Technologies’ Leadership in Highly Technical Cybersecurity Capabilities ARLINGTON, Va., April 04, 2022 (GLOBE NEWSWIRE) — Two Six Technologies (“Two Six”), a high-growth, technology-focused provider of products and expertise to U.S. national security customers, announced today it has acquired River Loop Security LLC (“River Loop”), a leading provider of technical expertise in the fields of cybersecurity and embedded systems. River Loop uses cutting-edge research and engineering to deliver cybersecurity products and expertise to defense and commercial customers. The company has deep technical capabilities in hardware reverse engineering, wireless systems, embedded devices, and IoT. River Loop’s services include system design, penetration testing, custom solutions development, and highly specialized...

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Scilex Holding Company, a majority-owned subsidiary of Sorrento Therapeutics, Inc., announces continuous sales growth in ZTlido® with preliminary gross sales of approximately $8.1 million during the month of March 2022 and $18.4 million for 1Q2022

ZTlido 53% year-over-year preliminary unaudited gross sales in March 2022 Select payor accounts representing approximately 200 million of the over 300 million covered lives across the United StatesPALO ALTO, Calif., April 04, 2022 (GLOBE NEWSWIRE) — Scilex Holding Company (“Scilex”), a nearly 100% (or over 99.9%) majority-owned subsidiary of Sorrento Therapeutics, Inc. (Nasdaq: SRNE, “Sorrento”), a commercial biopharmaceutical company focused on developing and commercializing non-opioid therapies for patients with acute and chronic pain, announced an increase of 53% year-over-year preliminary unaudited gross ZTlido sales in March. ZTlido sold $8.1 million in March 2022 compared to $5.3 million in March 2021. In 1Q2022, the preliminary unaudited gross sales for ZTlido are approximately $18.4 million, compared to $14.6 million...

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Quorum Closes Acquisition of Accessible Accessories Ltd.

CALGARY, Alberta, April 04, 2022 (GLOBE NEWSWIRE) — Quorum Information Technologies Inc. (QIS:TSXV) (“Quorum” or the “Company”), a SaaS software and services company that provides essential software that vehicle dealerships rely on for operations throughout North America, is pleased to announce the closing of its arm’s-length acquisition of Accessible Accessories Ltd. (“Accessible”), as originally announced on March 10, 2022. Accessible is headquartered in Medicine Hat, Alberta, Canada and has over 680 automotive franchised dealership customers across Canada. Accessible develops, implements, and supports its web-based platform that allows franchised dealerships to sell accessories more effectively. Accessible is a growing business with a proven team and a large customer base of very successful dealerships. About Quorum Information...

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Amazonas Florestal, Ltd. Publishes 2021 Annual Report Showing Historic Positive Revenues and Updates Shareholders on Company Highlights

Miami, FL, April 04, 2022 (GLOBE NEWSWIRE) — via NewMediaWire — Amazonas Florestal, Ltd. (OTC: AZFL) announced today that effective last week the company has published its 2021 Annual Report showing positive revenues and profits. This report is the first annual report in company history showing significant revenue and profit increases in any previous 12-month period. The company entered 2022 with a very promising financial outlook for the first time ever as a registered issuer of public securities.  The 2021 OTC Financial Disclosures demonstrate a new auto sufficient ability for the company to continue growing by financing its business plans in Colombia, Mexico and the USA. The projects that the company is developing are scheduled to become operational this year and are expected to bring the company substantial new positive...

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SLR Investment Corp. Announces Monthly Distribution for April 2022

NEW YORK, April 04, 2022 (GLOBE NEWSWIRE) — SLR Investment Corp. (the “Company”) (NASDAQ: SLRC), today declared a distribution of $0.136667 per share for the month of April 2022. The distribution is payable on May 3, 2022 to stockholders of record as of April 21, 2022. The specific tax characteristics of the distribution will be reported to stockholders on Form 1099 after the end of the calendar year. ABOUT SLR INVESTMENT CORP. SLR Investment Corp. is a closed-end investment company that has elected to be treated as a business development company under the Investment Company Act of 1940. A specialty finance company with expertise in several niche markets, the Company generally invests directly and indirectly in leveraged, U. S. middle market companies primarily in the form of cash flow senior secured loans, including first lien...

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InterCure Estimates Record Fourth Quarter and Fiscal Year End 2021 Results(1)

Fourth quarter 2021 Revenue and Adjusted EBITDA2 of $33 million and $9 million, representing an increase of almost 200% and 140% YoY, respectively Record fiscal year 2021 revenue and Adjusted EBITDA2 of $89 million and $23 million, representing an increase of over 230% and of almost 250% YoY, respectively Estimated net income of $5 million for 2021 Strong balance sheet with $89 million cash Six consecutive quarters with positive cash flow from operations Revenue growth expected to continue in the first quarter and throughout 2022 NEW YORK, TORONTO, and HERZLIYA, Israel, April 04, 2022 (GLOBE NEWSWIRE) — InterCure Ltd. (NASDAQ: INCR) (TSX: INCR.U) (TASE: INCR) (dba Canndoc) (“InterCure” or the “Company”) is pleased to announce its estimated financial and operating results for the fourth quarter and year ended December...

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