Day: June 21, 2022

LaunchPad Café, LTD, a subsidiary of Ventana Biotech, Inc. (VNTA) Announces its First financing client LaunchPad Café, Ltd, the finance subsidiary of Ventana Biotech, Inc. (OTC: VNTA) is pleased to announce that it has contracted for its first financing client as a public company – https://www.launchpadcafe.net/DENVER, June 21, 2022 (GLOBE NEWSWIRE) — LaunchPad Café, Ltd, the finance subsidiary of Ventana Biotech, Inc. (OTC: VNTA), is pleased to announce that it has contracted for its first financing client as a public company. The Company has generated revenue from servicing a hard money loan that was made on June 13, 2022. Loan servicing involves tracking and receiving origination fees, interest, principal, and other amounts due under the loan documents, retaining a portion of these amounts, and remitting the balance...

ATHENS, Greece, June 21, 2022 (GLOBE NEWSWIRE) — Performance Shipping Inc. (NASDAQ: PSHG), (“we” or the “Company”), a global shipping company specializing in the ownership of tanker vessels, today announced that it has signed, through a separate wholly-owned subsidiary, a Memorandum of Agreement to purchase a 105,071 dwt Aframax tanker, the M/T Maran Sagitta, to be renamed M/T P. Sophia, built in 2009 by Hyundai Heavy Industries Co., Ltd. – Ulsan, South Korea, from an unaffiliated third party for a gross purchase price of US$27,577,320. The vessel, which is expected to be delivered to the Company on or about July 5, 2022, is fitted with a ballast water treatment system (BWTS) and its next scheduled special survey and drydock is not due until 2024. The Company expects to finance the acquisition cost with cash-on-hand...

American Battery Technology Company Tonopah Flats Exploration Project Figure 1: Phase 1 Drill Program Locations and Figure 2: Phase 1 Ares of InfluenceAmerican Battery Technology Company Tonopah Flats Exploration Project Figure 3: Sampling results from exploration hole TF-2208Reno, Nev., June 21, 2022 (GLOBE NEWSWIRE) — American Battery Technology Company,(ABTC) (OTCQB: ABML), an American critical battery materials company that is commercializing both its primary minerals manufacturing and secondary minerals lithium-ion battery recycling technologies, is pleased to announce positive drill results from its initial exploratory subsurface drill program, Phase 1, at its Tonopah Flats Lithium Project in Big Smoky Valley, Nev.  This initial exploratory drilling program consisted of 16 targeted drill holes on ABTC’s 10,340 acres...

Toronto, Ontario, June 21, 2022 (GLOBE NEWSWIRE) — MiniLuxe, Inc. (“MiniLuxe”) a wholly-owned subsidiary of MiniLuxe Holding Corp (TSXV: MNLX), today announced that on June 20, 2022, it reached and signed a definitive agreement to acquire Paintbox, a leading brand in the nail care industry that is based in New York. Founded in 2014 by beauty editor and trend expert, Eleanor Langston, Paintbox has been an inspiring leader in redefining the industry by utilizing its ties and depth of understanding of the beauty and fashion industry, artistic color theory and creative design to own the standard for modern nail art. Paintbox’s proprietary look-book of modern nail art designs are instantly recognizable, iconic and represent a key growth segment of nail care. Core to MiniLuxe’s strategy is to become the talent empowerment platform for...

BOCA RATON, Fla., June 21, 2022 (GLOBE NEWSWIRE) — Newtek Business Services Corp., (NASDAQ: NEWT), an internally managed business development company (“BDC”), provides forecasts for certain financial metrics for the six months ending June 30, 2022. For the six months ending June 30, 2022, the Company is forecasting net investment income (loss) (“NII”) in a range of ($0.01) per share to $0.00 per share and adjusted net investment income (“ANII”)1 in a range of $1.40 per share to $1.50 per share. Barry Sloane, Chairman, President and Chief Executive Officer said, “As the end of the quarter approaches, we believe that we are on track to deliver the previously forecasted results for the first six months of 2022. We are continuing to work to deliver our forecasted financial results and feel comfortable that we will be able to achieve...

The Lions will utilize PlaySight live streaming and performance video across 12 teams; Connexa Sports now works with over 140 NCAA athletic programs BALTIMORE, June 21, 2022 (GLOBE NEWSWIRE) — Connexa Sports Technologies Inc. (Nasdaq: CNXA) (www.connexasports.com) is pleased to announce that its wholly owned subsidiary, PlaySight Interactive (www.playsight.com) has signed a technology partnership agreement with the athletic department at Emerson College, a private college with its main campus located in Boston, MA. The Lions student-athletes and coaches will soon have access to PlaySight’s fixed and portable connected camera platform, widely used throughout the NCAA as well as high school and professional sports as the standard in sports video. PlaySight is installing its technology at both indoor and outdoor facilities on Emerson’s...

BOSTON, June 21, 2022 (GLOBE NEWSWIRE) — The New Ireland Fund, Inc. (NYSE: IRL) (the “Fund”) announced today that at its Annual Meeting of Stockholders held on June 14, 2022, David Dempsey was re-elected as a Class II Director of the Fund for a three-year term expiring in 2025. The New Ireland Fund, Inc. is a diversified, closed-end investment company that seeks long-term capital appreciation through investing at least 80% of its assets in a portfolio of Irish equity securities. The Fund is managed by KBI Global Investors (North America) Ltd, a wholly owned subsidiary of KBI Global Investors Ltd. (based in Dublin, Ireland). KBI Global Investors Ltd. is majority owned by Amundi Asset Management, Europe’s largest asset manager by assets under management. The Fund is listed on the New York Stock Exchange under the ticker symbol –...

EHang Partners with Tianxingjian on Scenic Flight Project with EH216 AAVs at Aizhai Wonder Tourist Area in Jishou, Hunan, China EHang and Tianxingjian purchase and sale contract signing ceremonyEHang Partners with Tianxingjian on Scenic Flight Project with EH216 AAVs at Aizhai Wonder Tourist Area in Jishou, Hunan, China EH216 demo flights at Aizhai Wonder during the Workers’ Day holiday in MayEHang Partners with Tianxingjian on Scenic Flight Project with EH216 AAVs at Aizhai Wonder Tourist Area in Jishou, Hunan, China EH216 demo flights at Aizhai Wonder during the Workers’ Day holiday in MayGUANGZHOU, China, June 21, 2022 (GLOBE NEWSWIRE) — EHang Holdings Limited (Nasdaq: EH) (“EHang” or the “Company”), the world’s leading autonomous aerial vehicle (“AAV”) technology platform company, today announced that it has received...

$6 million in estimated annual interest savingsIRVING, Texas, June 21, 2022 (GLOBE NEWSWIRE) — Exela Technologies, Inc. (“Exela” or the “Company”) (NASDAQ: XELA, XELAP), a global business process automation leader, today reported the closing of a three-year $150 million financing facility with PNC Bank. The new facility replaces the Company’s existing securitization facility and is expected to provide annual interest savings of $6 million based on current borrowing levels priced at L+400 bps. The Company also filed an 8-K for this financing which provides additional details. About Exela Technologies Exela Technologies is a business process automation (BPA) leader, leveraging a global footprint and proprietary technology to provide digital transformation solutions enhancing quality, productivity, and end-user experience. With...

PENNSAUKEN, N.J., June 21, 2022 (GLOBE NEWSWIRE) — J&J Snack Foods Corp. (NASDAQ: JJSF), a leader and innovator in the snack food industry, announced today that it has closed the previously announced acquisition of Dippin’ Dots, L.L.C., a leading producer of flash-frozen beaded ice cream treats. The acquisition also includes the Doc Popcorn business operated by Dippin’ Dots. “This is a significant day for J&J Snack Foods as we close the largest acquisition in our company’s 50+ year history” said Dan Fachner, President & Chief Executive Officer at J&J Snack Foods. “We look forward to leveraging our combined strength in entertainment and amusement locations, theaters, and convenience to continue to expand this iconic business,” Mr. Fachner added. About J&J Snack Foods Corp.J&J Snack Foods Corp. (NASDAQ:...