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Day: September 12, 2023

Second Leading Independent Proxy Advisory Firm Glass Lewis Recommends Paratek Pharmaceuticals Stockholders Vote FOR the Acquisition by Gurnet Point Capital and Novo Holdings A/S

Follows the recommendation from ISS to vote FOR the transaction BOSTON, Sept. 12, 2023 (GLOBE NEWSWIRE) — Paratek Pharmaceuticals, Inc. (“Paratek”) (Nasdaq: PRTK), a commercial-stage biopharmaceutical company focused on the development and commercialization of novel therapies for life-threatening diseases and other public health threats, today announced that a second leading independent proxy advisor Glass, Lewis & Co. (“Glass Lewis”) has recommended that stockholders vote FOR the Company’s previously announced definitive agreement to be acquired by Gurnet Point Capital (“Gurnet Point”) and Novo Holdings A/S (“Novo Holdings”). The Glass Lewis recommendation follows the recent receipt of the recommendation from Institutional Shareholder Services Inc. (“ISS”) to vote FOR the transaction. “We...

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DAVIDsTEA Reports Financial Results for Second Quarter of Fiscal 2023

Sales of $9.8 million Reduced SG&A expenses by 25.1% year-over-year to $7.9 million Net loss of $4.3 million in line with management’s expectations on path to profitability Opened third Tea Bar at Toronto Eaton Centre location, with other Tea Bars planned for later this year Order fulfillment activities taken in-house for enhanced consumer experienceMONTREAL, Sept. 12, 2023 (GLOBE NEWSWIRE) — DAVIDsTEA Inc. (TSX-Venture: DTEA) (“DAVIDsTEA” or the “Company”), a leading tea merchant in North America, announced today its second quarter results for the period ended July 29, 2023. “While our sales continued to be dampened by challenging economic conditions, particularly in our online channel, we moved forward with our focus on value creation initiatives during the quarter and delivering excellent customer experiences,” said...

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Solar Alliance launches Affiliate Program to accelerate expansion in the Southeast U.S.

First agreement signed with North Carolina-based Market Street Solar to take advantage of increasing demand for commercial solar TORONTO and KNOXVILLE, Tenn., Sept. 12, 2023 (GLOBE NEWSWIRE) — Solar Alliance Energy Inc. (‘Solar Alliance’ or the ‘Company’) (TSX-V: SOLR), a leading solar energy solutions provider focused on the commercial and utility solar sectors, is pleased to announce the launch of the Solar Alliance Affiliate Program (the “Affiliate Program”) with the signing of an agreement (the “Affiliate Agreement”) with North Carolina-based Market Street Solar. The Affiliate Program provides independent sales organizations with access to branded marketing materials, design, engineering and installation management services. In return, the affiliates bring commercial solar opportunities to Solar Alliance. The Affiliate Program...

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Science 37 Named Market Leader for Global Decentralized Clinical Trials by Frost & Sullivan

RESEARCH TRIANGLE PARK, N.C., Sept. 12, 2023 (GLOBE NEWSWIRE) — Science 37 Holdings, Inc. (Nasdaq: SNCE), the clinical research industry-leading Metasite™, today announced that it has been honored with the prestigious Frost & Sullivan Market Leadership Award in the global decentralized clinical trials industry. This acknowledgment highlights Science 37’s accomplishments, and solidifies its role as an industry leader, as it continues to transform clinical trial conduct through the Metasite. Frost & Sullivan’s Best Practices Market Leadership Award is bestowed upon companies that exhibit outstanding performance and visionary approaches in their respective industries. The receipt of this prestigious award highlights Science 37’s dedication to accelerating clinical research by enabling universal trial access...

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Draganfly Awarded State Corrections Contract for Vital Intelligence Technology

Los Angeles, CA., Sept. 12, 2023 (GLOBE NEWSWIRE) — Draganfly Inc. (NASDAQ: DPRO) (CSE: DPRO) (FSE: 3U8A) (“Draganfly” or the “Company”), an award-winning, industry-leading drone solutions, and systems developer, is pleased to announce that it has been awarded a contract to provide its Vital Intelligence technology to a state corrections agency to its facilities enhance security and efficiency for the benefit of the community, the staff, and the inmates. The partnering state agency, responsible for corrections across the region, oversees 21 correctional facilities that house approximately 16,000 individuals. With a dedicated workforce of around 4,500 employees, the agency has maintained the lowest recidivism rate in the nation since 2021. Draganfly’s Vital Intelligence Technology extracts data from camera feeds to measure parameters such...

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Kane Biotech Announces Closing of Fully Subscribed Private Placement Offering and Amendments to its Credit Facility

Not for distribution to U.S. news wire services or dissemination in the United States WINNIPEG, Manitoba, Sept. 12, 2023 (GLOBE NEWSWIRE) — Kane Biotech Inc. (TSX-V:KNE OTCQB:KNBIF) (the “Company”, “Kane” or “Kane Biotech”) announces that on September 11, 2023 it has fully subscribed and closed its previously announced non-brokered private placement offering (the “Offering”) of units of the Company (“Units”). Kane issued 6,250,000 Units at a price of $0.08 per Unit for aggregate gross proceeds of $500,000. Each Unit is comprised of one common share of the Company (a “Share”) and one-half of one Share purchase warrant (each whole warrant, a “Warrant”). Each full Warrant entitles the holder thereof to purchase one additional Share of the Company for a period of 18 months at an exercise price of $0.10 per Share. After a period of...

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Trailbreaker Shareholders Exercised 7,039,520 Warrants for Total Proceeds of $1,055,928

VANCOUVER, British Columbia, Sept. 12, 2023 (GLOBE NEWSWIRE) — Trailbreaker Resources Ltd. (TBK.V) (“Trailbreaker” or “the Company”) on August 2, 2023, gave 30 days’ notice to warrant holders that it was exercising the Warrant Acceleration Provision for warrants issued on March 6, 2023, pursuant to its $0.12 Flow-Through Unit and $0.10 Non-Flow-Through Unit Private Placement Financings. The Warrant Expiry Date was accelerated from March 6, 2026 to September 3, 2023. 7,039,520 of the 7,320,000 warrants with the exercising price at $0.15 issued were exercised for gross proceeds to the Company of $1,055,928. The proceeds of the warrant exercises will be used to advance the Company’s various exploration projects, and for working capital purposes. Message from the President “I appreciate the confidence and continued support of Trailbreaker’s...

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ApartmentLove Announces Participation in the Muskoka Capital Event Hosted by CEM

TORONTO, Sept. 12, 2023 (GLOBE NEWSWIRE) — ApartmentLove Inc. (CSE: APLV) (OTCQB: APMLF) (“ApartmentLove” or the “Company”), a leading provider of online home, apartment, and vacation rental marketing services to property managers, owners, renters, and vacationers from around the world is pleased to announce the Company’s participation at the Muskoka Capital Event presented by Capital Event Management Ltd. (“CEM”) from September 29, 2023 to October 1, 2023. Attended by brokers, fund managers, and high-net worth individuals from across North America, the event is a unique showcase of growth-stage publicly listed companies. The event’s focus on pre-scheduled 1:1 meetings and networking activities provides management with a unique forum to detail the many exciting things ApartmentLove has accomplished while developing meaningful...

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Bombardier Ranks Among Top 30 on Toronto Stock Exchange, Recognized for Impressive Share Performance

Inclusion on the 2023 TSX30 ranking recognizes Bombardier’s outstanding three-year stock performance. Bombardier is the only aerospace company in the ranking, reflecting its impressive contribution to Canada’s economy. Company’s sustained strong performance, financial discipline, continued deleveraging, and its spirit of innovation and sustainability contribute to TSX30 placement.MONTRÉAL, Sept. 12, 2023 (GLOBE NEWSWIRE) — Bombardier (TSX: BBD.B) is proud to announce it has been included in the 2023 TSX30 ranking presented by the Toronto Stock Exchange (TSX). The prestigious list recognizes the 30 top performing stocks over a three-year period. This is the first time that Bombardier has appeared on the list, confirming the strengthening financial position of the Canadian aircraft manufacturer. Over the three-year period...

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Lucy Scientific Discovery Inc. Announces Acquisition of BlueSky Wellness Inc. in All-Stock Transaction

BlueSky Wellness’ e-commerce platform and wellness brands reported more than $20 million in revenue and adjusted EBITDA of $3 million in 2022 VANCOUVER, British Columbia, Sept. 12, 2023 (GLOBE NEWSWIRE) — Lucy Scientific Discovery Inc. (NASDAQ: LSDI), the leader in the psychotropic industry, which recently celebrated the acquisition of High Times’ Intellectual Property, the most iconic brand in the cannabis industry, is thrilled to announce an agreement to acquire BlueSky Wellness Inc. and its portfolio of brands. This transaction expands Lucy’s footprint into the growing global wellness category by adding psychotropic products to its capabilities. BlueSky Wellness is a portfolio of plant-based wellness brands including Keoni, Keoni Sport, Blush Wellness and AMMA Healing. Its e-commerce brands have generated over $20 million...

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