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Day: February 13, 2025

Twelve Capital and Securis complete merger to create a leader in Insurance-Linked Securities (ILS)

Combined firm positioned as global independent investment manager in Insurance-Linked Securities (ILS), with USD 8.5 billion in assets under management ZURICH and LONDON, Feb. 13, 2025 (GLOBE NEWSWIRE) — Twelve Capital and Securis Investment Partners have completed the final steps of the merger, establishing Twelve Securis as a global leader in the field of Insurance-Linked Securities (ILS). This strategic move unites a wealth of expertise, complementary skill sets, and a shared dedication to innovation in insurance investment. With USD 8.5 billion in assets under management, Twelve Securis is strategically positioned to expand investment opportunities in catastrophe bonds, private ILS, and broader insurance markets. With a strong focus on performance generation under rigid investment governance, the firm will continue to pioneer...

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Nutriband and Kindeva Drug Delivery Formalize Exclusive Development Partnership for Aversa™ Fentanyl Abuse Deterrent Fentanyl Patch

Nutriband and Kindeva formalize exclusive product development partnership and long-term commitment based on shared development costs in exchange for milestone payments Nutriband is partnering with Kindeva Drug Delivery to develop Aversa™ Fentanyl which combines Nutriband’s Aversa™ abuse-deterrent technology with Kindeva’s FDA-approved fentanyl patch. ORLANDO, Fla., Feb. 13, 2025 (GLOBE NEWSWIRE) — Nutriband Inc. (NASDAQ:NTRB)(NASDAQ:NTRBW), a company engaged in the development of prescription transdermal pharmaceutical products, today announced that it has signed an addendum to the Commercial Development and Clinical Supply Agreement for its lead product, Aversa™ Fentanyl, that it has in place with its partner, Kindeva Drug Delivery, a leading global contract development and manufacturing organization (CDMO)...

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OTC Markets Group Welcomes Concurrent Technologies Plc to OTCQX

NEW YORK, Feb. 13, 2025 (GLOBE NEWSWIRE) — OTC Markets Group Inc. (OTCQX: OTCM), operator of regulated markets for trading 12,000 U.S. and international securities, today announced Concurrent Technologies Plc (LSE: CNC; OTCQX: COTGF), a designer and manufacturer of leading-edge computer products, systems, and mission-critical solutions used in high-performance markets by some of the world’s major OEMs, has qualified to trade on the OTCQX® Best Market. Concurrent Technologies Plc upgraded to OTCQX from the Pink® market. Concurrent Technologies Plc begins trading today on OTCQX under the symbol “COTGF.” U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the company on www.otcmarkets.com. Upgrading to the OTCQX Market is an important step for companies seeking to provide transparent trading for their...

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Flagship Communities Real Estate Investment Trust to Host Conference Call for Fourth Quarter 2024 Results

Not for distribution to U.S. newswire services or dissemination in the United States. TORONTO, Feb. 13, 2025 (GLOBE NEWSWIRE) — Flagship Communities Real Estate Investment Trust (TSX: MHC.U) (TSX:MHC.UN) (“Flagship” or the “REIT”) today announced that senior management will host a conference call on Thursday, March 13, 2025 at 8:30 a.m. ET to discuss the REIT’s fourth quarter 2024 results. Fourth Quarter 2024 Results Conference Call and Webcast   DATE: Thursday, March 13, 2025TIME: 8:30 a.m. ETINSTANT JOIN BY PHONE: https://register.vevent.com/register/BI91cfe134d05d4b3bbc6f276b14263717   (Click the URL to join the conference call by phone)Please register at least 10 minutes before the start of the call. Upon registration, an email will be sent, including dial-in details and a unique conference call access code required...

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Major Drilling to Release Third Quarter Results for Fiscal 2025

Management to Host Webcast/Conference Call on Friday, March 7, 2025 at 8:00am EST MONCTON, New Brunswick, Feb. 13, 2025 (GLOBE NEWSWIRE) — Major Drilling Group International Inc. (TSX: MDI) (the “Company”) will release its third quarter results, ended January 31, 2025, on Thursday, March 6, 2025 after the markets have closed. Webcast/Conference Call Details Denis Larocque, President & Chief Executive Officer, and Ian Ross, Chief Financial Officer, invite you to participate in a webcast/conference call on Friday, March 7, 2025 at 8:00 a.m. Eastern to discuss the Company’s third quarter results for fiscal 2025. To access the webcast, which includes a slide presentation, please go to the investors/webcasts section of the Major Drilling website at www.majordrilling.com and click on the link. Please note that this is listen-only...

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InspireMD and NAMSA to Partner on CGUARDIANS II Pivotal Clinical Trial of the CGuard Prime™ 80 cm Carotid Stent System for Use in TCAR procedures

TOLEDO, Ohio and MIAMI, Feb. 13, 2025 (GLOBE NEWSWIRE) — InspireMD, Inc. (Nasdaq: NSPR), developer of the CGuard™ Prime Carotid Stent System for the prevention of stroke related to carotid stenosis, and NAMSA, a world-leading MedTech Contract Research Organization (CRO) offering global end-to-end development services, today announced that, pursuant to a previously announced strategic outsourcing partnership, the companies are working together to conduct the CGUARDIANS II pivotal study of InspireMD’s CGuard Prime™ 80 cm carotid stent system for use in Transcarotid Artery Revascularization (TCAR) procedures. Marvin Slosman, Chief Executive Officer of InspireMD, commented, “With more than 30,000 TCAR procedures performed in the U.S. each year, TCAR is a rapidly growing procedure that represents a significant potential...

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First Advantage to Release Fourth Quarter and Full Year 2024 Financial Results and Hold Investor Conference Call on February 27, 2025

ATLANTA, Feb. 13, 2025 (GLOBE NEWSWIRE) — First Advantage Corporation (NASDAQ: FA), a leading global provider of employment background screening, identity, and verification solutions, will issue its fourth quarter and full year 2024 financial results on Thursday, February 27, 2025 prior to the Company’s earnings conference call, which will be held at 8:30 a.m. ET on the same day. Conference Call Details To participate in the conference call, please dial 800-445-7795 (domestic) or 785-424-1699 (international) approximately ten minutes before the 8:30 a.m. ET start. Please mention to the operator that you are dialing in for the First Advantage fourth quarter and full year 2024 earnings call or provide the conference code FA4Q24. The call will also be webcast live on the Company’s investor relations website at https://investors.fadv.com...

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First Helium Completes Drilling 7-15 Well & Cases for Completion and Testing

CALGARY, Alberta, Feb. 13, 2025 (GLOBE NEWSWIRE) — First Helium Inc. (“First Helium” or the “Company”) (TSXV: HELI) (OTCQB: FHELF) (FRA: 2MC) today announced that it has completed drilling its 7-15 exploration well at its Worsley Property in Northern Alberta. The 7-15 well has been cased for completion and testing. The Company is now proceeding with a plan to complete and test both the 7-30 and 7-15 wells. “We are pleased to have completed drilling our 7-15 well which was delivered on time and within budget, despite drilling during challenging winter conditions. We look forward to completing and testing both wells over the coming weeks,” said Ed Bereznicki, President & CEO of First Helium. The proximity of the two locations (see Figure 1), approximately 6 kilometers apart, will enable the Company to efficiently...

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CareCloud Transfers Funds for Preferred Stock Dividends

SOMERSET, N.J., Feb. 13, 2025 (GLOBE NEWSWIRE) — CareCloud, Inc. (Nasdaq: CCLD, CCLDO, CCLDP), a leader in healthcare technology and generative AI solutions, today announced that it has transferred the funds for the January 2025 dividend payments on its Series A and Series B Cumulative Redeemable Perpetual Preferred Stock. As previously disclosed, holders of Series A Preferred Stock will receive 22.917 cents per share, while holders of Series B Preferred Stock will receive 18.229 cents per share based on a record date of January 31, 2025. These payments are expected to be reflected in shareholders’ brokerage accounts between February 18 and February 20, 2025. “We appreciate the continued support of our shareholders and remain focused on maintaining financial stability,” said Norman Roth, Interim Chief Financial Officer of...

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Inventus Mining Reports Positive Initial Drill Results Demonstrating Lateral Continuity of Gold Mineralization Within 18 Metres of Surface at the Pardo Gold Project

HighlightsResults from the first 24 holes of our 80-hole drill program demonstrate lateral continuity of gold within 18 metres of surface 4.6 gpt gold over 2.43 metres including 21.2 gpt gold over 0.46 metres 3.5 gpt gold over 3.17 metres including 11.9 gpt gold over 0.50 metres 3.1 gpt gold over 2.00 metres including 10.6 gpt gold over 0.50 metres 3.6 gpt gold over 1.50 metres including 6.4 gpt gold over 0.50 metresTORONTO, Feb. 13, 2025 (GLOBE NEWSWIRE) — Inventus Mining Corp. (TSXV: IVS) (“Inventus” or the “Company”) is pleased to announce initial drill results from its Phase 1 Resource Drill Program at the 100%-owned Pardo Gold Project located 65 km east of Sudbury, Ontario. The first 24 holes of an 80-hole shallow drill program have been received and are in line with expectations. The holes were targeting a laterally extensive...

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