Day: May 24, 2024

EnWave Sells 100kW Radiant Energy Vacuum Machine to BranchOut Foods Inc.

VANCOUVER, British Columbia, May 24, 2024 (GLOBE NEWSWIRE) — EnWave Corporation (TSX-V:ENW | FSE:E4U) (“EnWave”, or the “Company”) announced today that it has signed an equipment purchase agreement (the “EPA”) with BranchOut Foods Inc. (NASDAQ: BOF) (“BranchOut”), a leading food technology company specializing in dehydrated fruit and vegetable-based products. BranchOut requires additional Radiant Energy Vacuum (“REV®”) drying capacity to meet the increasing demand for their premium, healthy fruit and vegetable products. This is the third large-scale REV® machine purchased by BranchOut. Pursuant to the EPA, BranchOut has purchased a completely refurbished 100kW nutraREV® machine (the “100kW Machinery”), which was formerly being used by NutraDried Food Company, EnWave’s former operating subsidiary. The Company will realize a healthy...

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Edible Garden Completes Phase Two of Packhouse Buildout at Company’s Flagship Belvidere NJ Facility

Packhouse adds Processing and Warehousing Capabilities to Facility; Expected to Expand Company’s Capacity State-of-the-Art GreenThumb Technology to be Integrated at Facility; Expected to Increase Production BELVIDERE, N.J., May 24, 2024 (GLOBE NEWSWIRE) — Edible Garden AG Incorporated (“Edible Garden” or the “Company”) (Nasdaq: EDBL, EDBLW), a leader in controlled environment agriculture (CEA), locally grown, organic, sustainable produce and products, today announced that the Company has completed phase 2 of the packhouse buildout at the Edible Garden greenhouse facility in Belvidere, NJ. Mr. Jim Kras, Chief Executive Officer of Edible Garden, commented, “I am pleased to report that Edible Garden has successfully completed the second phase of our packhouse buildout at our flagship greenhouse facility located in Belvidere, New...

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Exela Technologies, Inc. to Host First Quarter 2024 Financial Results Conference Call

IRVING, Texas, May 24, 2024 (GLOBE NEWSWIRE) — Exela Technologies, Inc. (“Exela” or the “Company”) (NASDAQ:XELA, XELAP), a global business process automation (“BPA”) leader, will host a conference call with the financial community to discuss results for the first quarter 2024 at 4:30 p.m. ET on May 28, 2024.  Hosting the call and reviewing the results will be Par Chadha, Executive Chairman, and Matt Brown, Interim Chief Financial Officer. The conference call will be broadcast live on Exela’s Investor Relations website at http://investors.exelatech.com. First Quarter 2024 Results Webcast and Call Access Information Date: May 28, 2024     Time: 4:30 p.m. (ET)     Webcast (listen-only): https://edge.media-server.com/mmc/p/ntg3jvmk     Call-in Numbers: 833-255-2831 (please dial-in 10 minutes prior to the start)     International: +1-412-902-6724     Passcode: Exela...

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Golden Triangle Ventures Announces Letter of Intent to Acquire Shipping and Logistics Operation

LAS VEGAS, May 24, 2024 (GLOBE NEWSWIRE) — via IBN — Golden Triangle Ventures, Inc. (OTC PINK: GTVH) (“GTV” or the “Company”) is pleased to announce the execution of a Letter of Intent (or “LOI”) with TK Zarro, LLC, GTV’s primary note holder, for the acquisition of Cargo Management Group, a complete shipping, logistics and trucking operation that aims to support its Entertainment Division business model, operating under Lavish Entertainment. The Company is in the process of finalizing the acquisition, facilitating the company’s assumption of full ownership of the logistics operation, brokerage business, licenses and all associated assets. This milestone underscores GTV’s strategic expansion efforts, positioning the company for fundamental business income and financial independence. Cargo Management Group achieved close to...

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Rail Vision Reflects on Positive Operational Highlights Since the Start of 2024: Scaling Up Commercialization

Announced first-ever commercial installation of its AI-driven systems in a national railways line Achieved regulatory approval and certificate for railway operation in Europe Joined NVIDIA metropolis to boost railway safety Received order from a Class 1 US railroad company for its AI-based safety products Expanded USA footprint with a national distributer engagement for Rail Vision AI- driven railway system US Received an order for its AI-driven ShuntingYard product from Loram, a leading US-based provider of railway track maintenance equipment and services Received notice of allowance for US patent on AI-powered railway obstacle detection system Ra’anana, Israel, May 24, 2024 (GLOBE NEWSWIRE) — Rail Vision Ltd. (Nasdaq: RVSN) (the “Company”), a technology company at the forefront of revolutionizing railway safety and the data-related...

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CG Oncology to Present Positive Final Results from Phase 2 CORE-001 Study of Cretostimogene Grenadenorepvec in Combination with Pembrolizumab in BCG-Unresponsive High-Risk NMIBC at ASCO 2024 Annual Meeting

54% complete response (CR) rate at 24-month landmark and meets primary endpoint of the phase 2 study IRVINE, Calif., May 24, 2024 (GLOBE NEWSWIRE) — CG Oncology, Inc. (NASDAQ: CGON), a late-stage clinical biopharmaceutical company focused on developing and commercializing a potential backbone bladder-sparing therapeutic for patients with bladder cancer, today announced final results from the Phase 2 CORE-001 clinical trial of its oncolytic immunotherapy candidate, cretostimogene, in combination with pembrolizumab for the treatment of BCG-Unresponsive, High-Risk Non-Muscle Invasive Bladder Cancer (HR-NMIBC) with Carcinoma in Situ (CIS). The data will be presented at the American Society of Clinical Oncology (ASCO) 2024 Annual Meeting from May 31-June 4, in Chicago, IL. “There is a significant unmet need for new and innovative treatments...

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Velcan Holdings: Convening Notice Of The Ordinary Annual General Meeting To Be Held On 27th June 2024

PRESS RELEASE Luxembourg, 24th May 2024 VELCAN HOLDINGS: CONVENING NOTICE OF THE ORDINARY ANNUAL GENERAL MEETING TO BE HELD ON 27th JUNE 2024 VELCAN HOLDINGS announces to the shareholders of the Company that the Ordinary Annual General Meeting will be held on Thursday the 27th of June 2024, at 3 p.m, in the offices of the law firm Tabery & Wauthier, 10 rue Pierre d’Aspelt, L‐1142 Luxembourg, in order to vote mainly on the approval of the 2023 condensed non-audited consolidated financial statements and of the 2023 audited statutory financial statements; All required information and related documents will be available for downloading on the Company’s website on 24th May 2024: Convening notice of the Ordinary Annual General Meeting; Board of Directors’ report on the resolutions proposed to the General Meeting; Text of the proposed resolutions; Single...

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Syntec Optics Holdings, Inc. (Nasdaq: OPTX) Reports Fourth Quarter 2023, Full Year 2023 and First Quarter 2024 Financial Results

Full Year 2023 Revenue and Adjusted EBITDA Grew Compared to 2022, Full Year 2023 Earnings per Share Rises to $0.06 from Negative $0.01 in 2022 ROCHESTER, NEW YORK, May 24, 2024 (GLOBE NEWSWIRE) — Syntec Optics Holdings, Inc. (“Syntec Optics” or the “Company”) (Nasdaq: OPTX), a leading provider of mission-critical optics to scientific and technical instruments and defense and aerospace OEMs, reported financial and operational results for the fourth quarter and full year of 2023 and also 2024 First Quarter. Fourth Quarter 2023 Financial Highlights Net Sales of $8.3 million, increased from $7.1 million compared to Q4 2022 Adjusted EBITDA was $1.3 million, compared to $1.1 million in Q4 2022 Cash was $2.2 million, increased from $0.5 million in 2022 and debt decreased to $8.9 million from $9.9 million in 2022 Full Year 2023 Financial...

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AGF Investments Announces Revised Final Distribution for AGF Systematic Emerging Markets Equity ETF

TORONTO, May 24, 2024 (GLOBE NEWSWIRE) — AGF Investments Inc. (AGF Investments) today announced a revised final distribution amount for AGF Systematic Emerging Markets Equity ETF (ticker: QEM) (the “ETF”). This is an update from the distribution previously announced on May 16, 2024. Unitholders of record on May 24, 2024 will receive notional distributions payable in respect of the ETF on May 24, 2024. The final distributions will not be paid in cash but will be reinvested in the form of a notional distribution and reported as taxable. A notional distribution is when the units from a reinvested distribution are immediately consolidated with the units held prior to the distribution. The number of units held after the distribution is therefore identical to the number of units held before the distribution. The unitholder’s adjusted...

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AGF Investments Announces May 2024 Cash Distributions for AGF Enhanced U.S. Equity Income Fund, AGF Total Return Bond Fund and AGF Systematic Global Infrastructure ETF

TORONTO, May 24, 2024 (GLOBE NEWSWIRE) — AGF Investments Inc. (AGF Investments) (TSX:AGF.B) today announced the May 2024 cash distributions for AGF Enhanced U.S. Equity Income Fund*, AGF Total Return Bond Fund* and AGF Systematic Global Infrastructure ETF, which pay monthly distributions. Unitholders of record on May 31, 2024 will receive cash distributions payable on June 6, 2024. Details regarding the final “per unit” distribution amounts are as follows: ETF Ticker Exchange Cash Distribution Per Unit ($) AGF Enhanced U.S. Equity Income Fund* AENU Cboe Canada Inc. $ 0.129000 AGF Total Return Bond Fund* ATRB Cboe Canada Inc. $ 0.085000 AGF Systematic Global Infrastructure ETF QIF Cboe Canada Inc. $ 0.125440                     *AGF Enhanced U.S. Equity Income Fund and AGF Total Return Bond Fund are mutual funds...

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