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Month: June 2022

Alpha Pro Tech, Ltd. Announces $2 Million Expansion of Share Repurchase Program

NOGALES, Ariz., June 23, 2022 (GLOBE NEWSWIRE) — Alpha Pro Tech, Ltd. (NYSE American: APT), a leading manufacturer of products designed to protect people, products and environments, including disposable protective apparel and building products, today announced that its Board of Directors has authorized a $2.0 million expansion of the Company’s existing share repurchase program. With this authorized expansion, the Company now has approximately $2.4 million available to repurchase shares of the Company’s common stock, $0.4 million of which remains from the previous expansion, most recently announced in December 2021. Management anticipates repurchasing shares through open market purchases or through privately-negotiated transactions and intends to retire all shares purchased through the share repurchase program. Open market purchases...

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Former Pipe Manufacturing Site Set To Become Multi-Phase Business Park

Latest Anthem acquisition helps meet high demand for modern small to medium format industrial spaceAnthem’s Barlow Development Land An aerial view of Anthem’s Barlow Development Land located at 8919 Barlow Trail SECALGARY, Alberta, June 23, 2022 (GLOBE NEWSWIRE) — Anthem has acquired 95 acres of prime industrial land in Southeast Calgary. This is the latest in a series of acquisitions from the company’s newly formed industrial team. Since August 2021, Anthem’s industrial portfolio in Calgary has grown by over 375% with the acquisition of five existing industrial properties, totaling upwards of 650,000 square feet of gross leasable area, along with approximately 290 acres of industrial development land. The pace of Anthem’s growth is a testament to their belief in Alberta’s industrial market, which has seen heightened...

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Travelzoo Announces Share Repurchase Program

NEW YORK, June 23, 2022 (GLOBE NEWSWIRE) — Travelzoo® (NASDAQ: TZOO), a global Internet media company that provides exclusive offers and experiences for members, today announced that its board of directors has authorized the repurchase of up to 1,000,000 shares of the Company’s outstanding common stock. Purchases may be made, from time to time, in the open market and will be funded from available cash. The number of shares to be purchased and the timing of purchases will be based on the level of Travelzoo’s cash balances, general business and market conditions, and other factors, including alternative investment opportunities. About TravelzooTravelzoo® provides its 30 million members with exclusive offers and one-of-a-kind experiences personally reviewed by our deal experts around the globe. We have our finger on the...

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The Office Gurus Wins Nearshore Company of the Year at the 2022 Nexus Illuminate Awards

SEMINOLE, Fla., June 23, 2022 (GLOBE NEWSWIRE) — The Office Gurus®, a division of Superior Group of Companies, Inc. (NASDAQ: SGC), has been recognized as the Nearshore Company of the Year at the 2022 Nexus Illuminate Awards in New York. The awards are presented by Nearshore Americas each year during the annual Nexus Conference to celebrate the very best organizations, top level performers, and examples of best in class vision and leadership in the Nearshore region. Judging factors for the Nexus Illuminate Awards includes the magnitude of impact of the nominee’s work, quality of achievements and their impact on elevating the nearshore industry. This includes performance both inside and outside the nominee’s organization. Nominations are made by third parties. Dominic Leide, President of The Office Gurus, noted, “we are honored by...

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Biomerica to Participate at BTIG Biotech Conference

IRVINE, Calif., June 23, 2022 (GLOBE NEWSWIRE) — Biomerica Inc. (NASDAQ: BMRA) today announced that the Company’s CEO will participate at the 2022 BTIG Biotechnology Conference being held in person in New York City on Monday, August 8th and Tuesday August 9th, 2022. The Company’s CEO will also be available for in-person one-on-one meetings at the conference. About Biomerica NASDAQ: BMRA) Biomerica, Inc. (www.biomerica.com) is a global biomedical technology company that develops, patents, manufactures and markets advanced diagnostic and therapeutic products used at the point-of-care (in home and in physicians’ offices) and in hospital/clinical laboratories, for detection and/or treatment of medical conditions and diseases. The Company’s products are designed to enhance the health and well-being of people, while reducing...

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GFG Step-Out Drilling Returns 1.32 g/t Au Over 33.5 Metres Along with Infill Results of 4.95 g/t Au Over 8.3 Metres at Montclerg, East of the Prolific Timmins Gold District

Figure 1: Regional Map of GFG Gold Projects in the Timmins Gold District Regional Map of GFG Gold Projects in the Timmins Gold DistrictFigure 2: Montclerg Gold Project Plan View Map Montclerg Gold Project Plan View MapKEY HIGHLIGHTS:Step-out drilling on the MC West target returned strong near surface intercept of 1.32 grams of gold per tonne (“g/t Au”) over 33.5 metres (“m”) in hole MTC-22-015. High-grade gold was encountered at the MC West target 3.51 g/t Au over 5.9 m including 7.93 g/t Au over 2.1 m in hole MTC-22-018. Infill drilling at the MC Central Upper Footwall Zone reinforced high-grade gold mineralization from holes MTC-22-019 (4.38 g/t Au over 5.5 m) and MTC-22-020 (4.95 g/t Au over 8.3 m, including 12.83 g/t Au over 2.5 m). Successfully completed the Phase 1 2022 drill program with 17 holes totalling 4,200 m, which...

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invoX Pharma to Acquire F-star Therapeutics, Inc. a Pioneering Next Generation Bispecific Discovery Platform and Clinical Programs

Proposed ~US$161 million all-cash acquisition to accelerate invoX’s strategy to build Sino Biopharm’s International Biopharmaceutical R&D Platform outside of China, transforming the lives of patients worldwide The transaction demonstrates the strength of F-star’s differentiated bispecific antibody technology and provides backing from a top 40 global pharmaceutical company to accelerate growth and unlock potentialF-star’s unique next-generation tetravalent (2+2) bispecific antibody platform complements Sino Biopharm’s existing capabilities and reinforces its global oncology pipelineLONDON, June 23, 2022 (GLOBE NEWSWIRE) — invoX Pharma (“invoX”), a wholly owned subsidiary of Sino Biopharmaceutical Limited (“Sino Biopharm”) (HKEX 1177 HK), focused on research and development (R&D) and business development activities...

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Cullinan Oncology and Taiho Pharmaceutical Complete Agreement for Strategic Collaboration to Jointly Develop and Commercialize CLN-081/TAS6417

Cullinan Oncology receives upfront cash payment of $275 million, with potential to receive up to an additional $130 million in regulatory-based milestone payments Taiho obtains exclusive global rights to CLN-081/TAS6417 outside the U.S.; Taiho and Cullinan Oncology to jointly develop and co-commercialize CLN-081/TAS6417 in the U.S. Cullinan Oncology and Taiho will equally share future profits in the U.S. CAMBRIDGE, Mass., June 23, 2022 (GLOBE NEWSWIRE) — Cullinan Oncology, Inc. (Cullinan Oncology) (Nasdaq: CGEM) a biopharmaceutical company focused on developing a diversified pipeline of targeted therapies for patients with cancer, today announced the completion of its agreement with Taiho Pharmaceutical Co., Ltd. (Taiho) signed in May 2022. Per the terms of the agreement, the companies will collaborate on the U.S. development of...

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With 11.1% CAGR, Building Information Modeling Market Size Worth USD 11.96 Billion in 2028

According to Fortune Business Insights, the global building Information Modeling Market Size is projected to hit USD 11.96 Billion in 2028, at CAGR of 11.1% during forecast period [2020-2028]; High Demand for Commercial and Personal Infrastructures to Aid Growth Pune, India, June 23, 2022 (GLOBE NEWSWIRE) — According to Our Analyst, the global building information modeling (BIM) market is set to gain impetus from the high demand for such software solutions from the architecture and construction sector. The worldwide market size was valued at USD 5.20 Billion in 2019, and is projected to reach USD 11.96 Billion by 2028, registering a CAGR of 11.1% from 2020 to 2028. This information is given by Fortune Business Insights™ in a new report, titled, “Building Information Modeling Market Size, Share & COVID-19 Impact Analysis, By...

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CE Brands Reports Fourth Quarter 2022 and Fiscal Year 2022 Financial Results and Announces Loan Facility with Vesta and Proposed Partnership with Kang-Shuo

CALGARY, Alberta, June 23, 2022 (GLOBE NEWSWIRE) — CE Brands Inc. (TSXV: CEBI; CEBI.WT) (“CE Brands”, “we”, “our”, or the “Company”), a data-driven consumer-electronics company, today announced its financial results for the three-month (“Q4 2022”) and twelve-month periods (“Fiscal 2022”) ended March 31, 2022. The related audited financial statements and accompanying notes and Management’s Discussion and Analysis (“MD&A”) for Q4 and Fiscal 2022 are available on SEDAR at www.sedar.com and on CE Brands’ website at www.cebrands.ca. In addition, the Company is announcing that it has entered into a binding financing agreement with Vesta Global Stability Fund (“Vesta Fund”), pursuant to which Vesta Fund has agreed to advance a senior secured loan facility (the “Vesta Facility”) in the maximum amount of US$2,000,000 to the Company...

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