Day: June 9, 2022
Produces highly pure d9-dominant THCV, a non-intoxicating cannabinoid
Bolsters Company’s commercial portfolio, which also includes CBDV, CBC and CBT
THCV has been researched for a variety of potential benefitsVANCOUVER, British Columbia, June 09, 2022 (GLOBE NEWSWIRE) — InMed Pharmaceuticals Inc. (“InMed” or the “Company”) (Nasdaq: INM), a leader in the research, development, manufacturing and commercialization of rare cannabinoids, is pleased to announce it has launched B2B sales of the rare cannabinoid delta 9-dominant tetrahydrocannabivarin (“d9-THCV”) into the health and wellness sector via its wholly-owned subsidiary, BayMedica LLC (“BayMedica”).
“We are very excited to launch our highly anticipated d9-THCV and further enhance BayMedica’s growing product portfolio,” stated Shane Johnson, MD, SVP and General Manager of BayMedica....
Orezone’s Ongoing Grade Control Program Returns Consistent High-Grade Intercepts in the A2 Starter Pit at the Bomboré Gold Project
Written by Customer Service on . Posted in Public Companies.
Figure 1
North Pits Plan ViewFigure 2
Maga Area Resources and Reserve Drilling Plan ViewFigure 3
Maga Area Grade Control Drilling Plan ViewFigure 4
A2 Pit Resources and Reserve Drilling Plan ViewFigure 5
A2 Pit Grade Control Drilling Plan ViewVANCOUVER, British Columbia, June 09, 2022 (GLOBE NEWSWIRE) — Orezone Gold Corporation (TSX: ORE, OTCQX: ORZCF) (the “Company” or “Orezone”) is pleased to report further assay results from the maiden grade control (“GC”) reverse circulation (“RC”) drill program at the Bomboré Gold Project, located in Burkina Faso. GC drilling to-date is focused on near-surface oxide mineralization within the starter pits located in the northern portion of the mining lease. These starter pits will be the source of higher-grade oxide mill feed for the first year of production and are denoted as...
Salona Global Medical Device Corporation Announces Execution of a Non-Binding Agreement to Acquire a US$14M in Annual Revenue Physical Therapy Medical and Equipment Business with 35% Gross Margins
Written by Customer Service on . Posted in Mergers And Acquisitions.
SAN DIEGO, June 09, 2022 (GLOBE NEWSWIRE) — Salona Global Medical Device Corporation (“Salona Global”, “SGMD” or the “Company”) (TSXV:SGMD), a fully integrated acquisition focused medical device company serving the global injury and surgery recovery (known as recovery science) market, announced today that on May 27, 2022 it executed a non-binding agreement (“Agreement”) to acquire a cash flow positive medical device business. The Company has come to financial terms to acquire a company providing medical devices and equipment for physical therapy clinics in the U.S. (“Acquisition Target”). According to preliminary due diligence, the Acquisition Target has unaudited annual revenues of approximately US$14M. It reported 35% unaudited gross margins, has a strong balance sheet relative to revenue, and is generating free cash flow....
Eagle Pharmaceuticals Completes Acquisition of Acacia Pharma Group plc, Expanding Acute Care Footprint
Written by Customer Service on . Posted in Mergers And Acquisitions.
Adds two U.S. Food and Drug Administration (“FDA”) approved new chemical entities with strong patent protection
BARHEMSYS® (amisulpride for injection) and BYFAVO® (remimazolam for injection) join Eagle portfolio, with an estimated combined $3.1 billion per year1 addressable market and projected annual peak sales of $2752 million in the U.S.
Expected to be earnings accretive by 2024WOODCLIFF LAKE, N.J., June 09, 2022 (GLOBE NEWSWIRE) — Eagle Pharmaceuticals, Inc. (Nasdaq: EGRX) (“Eagle” or the “Company”) today announced it has completed the acquisition of the entire issued share capital of Acacia Pharma Group plc (“Acacia Pharma”) (EURONEXT: ACPH) by way of a scheme of arrangement under Part 26 of the United Kingdom’s Companies Act 2006 (the “Transaction”).
“The closing of this transaction is a great achievement for Eagle both...
FuelCell Energy Reports Second Quarter of Fiscal 2022 Results
Written by Customer Service on . Posted in Earnings Releases And Operating Results.
Second Quarter Fiscal 2022 Financial Highlights(All comparisons are year-over-year unless otherwise noted)Revenues of $16.4 million compared to $14.0 million
Gross loss of $(7.3) million compared to $(4.8) million
Loss from operations of $(28.2) million compared to $(17.4) million
Backlog of $1.33 billion as of April 30, 2022, compared to $1.32 billion as April 30, 2021DANBURY, Conn., June 09, 2022 (GLOBE NEWSWIRE) — FuelCell Energy, Inc. (Nasdaq: FCEL) — a global leader in decarbonizing power and producing hydrogen through our proprietary, state-of-the-art fuel cell platforms to enable a world empowered by clean energy — today reported financial results and key business highlights for its second quarter ended April 30, 2022.
“We continue to execute on our Powerhouse business strategy, and we are very pleased with...
Bombardier Announces June 13, 2022 as the Effective Date of Share Consolidation
Written by Customer Service on . Posted in Public Companies.
MONTRÉAL, June 09, 2022 (GLOBE NEWSWIRE) — Bombardier Inc. (TSX: BBD.B) (“Bombardier” or the “Corporation”) confirmed today that the previously announced consolidation of the Corporation’s issued and unissued Class A shares (multiple voting) (the “Class A shares”) and Class B shares (subordinate voting) (the “Class B shares”) at a ratio of one (1) post-consolidation share for every twenty-five (25) pre-consolidation Class A shares or Class B shares (the “Share Consolidation”) is being implemented and will be effective on June 13, 2022 (the “Effective Date”).
As such, the Corporation’s Class A shares and Class B shares are expected to begin trading on the TSX, on a consolidated basis, on or about the Effective Date. As previously announced, the Class A shares and Class B shares will continue to be listed on the TSX under the symbols...
Water Ways Provides Update on the Previously Announced Proposed Acquisition of the Chilean Provider – Hidrotop
Written by Customer Service on . Posted in Public Companies.
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TORONTO, June 09, 2022 (GLOBE NEWSWIRE) — Water Ways Technologies Inc. (TSXV: WWT) (FRA: WWT) (“WWT” or the “Company“), a global provider of Israeli-based agriculture technology, providing water irrigation solutions to agricultural producers is pleased to update that the due diligence process on the acquisition (see press releases dated January 12, 2022 and April 5, 2022) of Desarrollo De Sistemas Hidraulicos SA (“Hidrotop“) is progressing in a positive manner and the parties are in final stages of negotiating the definitive terms of the purchase and sale (the “SPA“). The parties expect to sign a definitive SPA on or prior to June 30, 2022. The SPA will provide that closing of the acquisition will...
Immunocore Appoints Siddharth Kaul to its Board of Directors
Written by Customer Service on . Posted in Public Companies.
Immunocore Appoints Siddharth Kaul to its Board of Directors
(OXFORDSHIRE, England & CONSHOHOCKEN, Penn. & ROCKVILLE, Md., US, 9 June 2022) Immunocore Holdings plc (Nasdaq: IMCR) (“Immunocore” or the “Company”), a commercial-stage biotechnology company pioneering the development of a novel class of T cell receptor (TCR) bispecific immunotherapies designed to treat a broad range of diseases, including cancer, autoimmune and infectious diseases, today announces the appointment of Siddharth (Sid) Kaul as a non-Executive member of its Board of Directors, effective June 8, 2022. Sid will serve as a Class II director and also serve as a member of the Audit and Remuneration committees.
Sid is a seasoned finance professional with deep expertise within the life sciences industry. He retired as Group Treasurer and Head of Business Planning...
CurrencyWorks’ Motoclub Announces Newest Barrett-Jackson Collector NFT Drop
Written by Customer Service on . Posted in Public Companies.
Los Angeles, CA., June 09, 2022 (GLOBE NEWSWIRE) — CurrencyWorks Inc. (“CurrencyWorks” or the “Company”), (CSE: CWRK and OTCQB: CWRK), an award-winning, full-service blockchain platform provider, is pleased to announce that its Motoclub.io platform is set to release its newest NFT pack in the Barrett-Jackson Scottsdale 2022 Collector Series – the “Platinum Pack”.
This marks the third NFT pack drop in the four-pack Barrett-Jackson Scottsdale Series. The “Scottsdale Platinum Pack” includes fully tradable collector NFTs of vehicles sold at Barrett-Jackson’s January 2022 Scottsdale Auction.
With each subsequent pack drop, the quantity of NFTs minted is reduced. Increasing the scarcity encourages Motoclub members to then engage with buying, selling, and trading their NFTs on its platform, which in turn drives incremental revenues for...
CalAmp Announces Date for Fiscal 2023 First Quarter Earnings Conference Call
Written by Customer Service on . Posted in Public Companies.
IRVINE, Calif., June 09, 2022 (GLOBE NEWSWIRE) — CalAmp (Nasdaq: CAMP), a connected intelligence company helping people and organizations improve operational performance with a data-driven solutions ecosystem, today announced that it will release its fiscal 2023 first quarter financial results after the market close on Thursday, June 23, 2022.
In addition, the Company will host a conference call at 5:00 p.m. Eastern (2:00 p.m. Pacific) on June 23, 2022 to discuss its financial results. The conference call may be accessed via webcast by visiting the Investor Relations section of CalAmp’s website at www.calamp.com. Please go to the website at least 15 minutes early to register, download and install any necessary audio software. A replay of the webcast will be available for 90 days after the call.
The conference call can also...