Day: February 16, 2018

MOBI724 Global Solutions Inc. Issues Shares

MONTREAL, Feb. 16, 2018 (GLOBE NEWSWIRE) — MOBI724 Global Solutions Inc. (“MOBI724” or the “Company”) (CSE:MOS) (OTCQB:MOBIF), a Fintech leader offering all in one fully integrated EMV payment, Card-Linked Offers, Digital Marketing and Business Intelligence Solutions, announces that it has issued an aggregate of 348,073 common shares (“Common Shares”) at a price of $0.23 as debt forgiveness related to unpaid consulting fees owed to Mr. Pablo Mariani, a consultant. The Company has also issued 347,826 Common Shares to Luc Charbonneau, a former officer of the Company at a price of $0.23 per share as payment pursuant to the settlement of

FSIS Recall Release 011-2018 Foreign Matter Contamination

Washington, DC, Feb. 16, 2018 (GLOBE NEWSWIRE) —       Recall Release CLASS I RECALL HEALTH RISK: HIGH Congressional and Public Affairs Autumn Canaday (202) 720-9113 Press@fsis.usda.gov FSIS-RC-011-2018   PILGRIM’S PRIDE CORPORATION RECALLS READY-TO-EAT CHICKEN PRODUCTS DUE TO POSSIBLE FOREIGN MATTER CONTAMINATION   WASHINGTON, Feb. 16, 2018 – Pilgrim’s Pride Corp., a Waco, Texas establishment, is recalling approximately 101,310 pounds of  ready-to-eat breaded chicken patties that may be contaminated with extraneous materials, specifically rubber, the U.S. Department of Agriculture’s Food Safety and Inspection Service (FSIS) announced today.  The ready-to-eat breaded chicken patties were produced and packed on Sept. 6,

Media Advisory: Special Chinese New Year Celebration Kicks-Off 2018 Canada China Year of Tourism Activities

VANCOUVER, British Columbia, Feb. 16, 2018 (GLOBE NEWSWIRE) — Destination BC and several BC tourism partners are hosting a special Chinese New Year dinner on Saturday, February 17, 2018 to launch the 2018 Canada-China Year of Tourism in British Columbia.  The event will include nearly 300 Chinese tourists, as part of a tourism promotional activity in support of this special year. Itinerary and location: 6:30 to 6:40pm: Lion Dancers6:40 pm: Welcome speeches Marsha Walden, President and CEO, Destination BC Honorable Lisa Beare, Minister of Tourism, Arts and Culture BC’s Consul General for China, Ms. Xiaoling Tong Victoria’s Mayor, Lisa Helps

Gainey McKenna & Egleston Announces A Class Action Lawsuit Has Been Filed Against Obalon Therapeutics, Inc. (OBLN)

NEW YORK, Feb. 16, 2018 (GLOBE NEWSWIRE) — Gainey McKenna & Egleston announces that a class action lawsuit has been filed against Obalon Therapeutics, Inc. (“Obalon” or the “Company”) (NASDAQ:OBLN) in the United States District Court for the Southern District of California on behalf of a class consisting of investors who purchased or otherwise acquired Obalon securities on the open market from October 5, 2016 through January 23, 2018, inclusive (the “Class Period”), seeking to recover compensable damages caused by Defendants’ violations of the Securities Exchange Act of 1934. The Complaint alleges Defendants made materially false and/or misleading statements and/or

Alamos Gold Files Early Warning Report

TORONTO, Feb. 16, 2018 (GLOBE NEWSWIRE) — Pursuant to National Instrument 62-103 – The Early Warning System and Related Take-Over Bid and Insider Reporting Issues, Alamos Gold Inc. (TSX:AGI) (NYSE:AGI) (“Alamos” or the “Company”) is announcing the sale of 25,300,000 common shares (the “Shares”) of Corex Gold Corp. (“Corex”), representing approximately 16.12% of the outstanding shares of Corex by way of a private share purchase and sale agreement with Osisko Gold Royalties Ltd.  at a price of CAD$0.13 per Common Share for gross proceeds of CAD$3,289,000 (the “Transaction”).  Following the transaction Alamos will hold no shares in Corex. The Early

Columbus Gold Corp. Early Warning News Release

VANCOUVER, British Columbia, Feb. 16, 2018 (GLOBE NEWSWIRE) — Columbus Gold Corp. (“Columbus Gold”) has filed an early warning report advising of a change in its holdings in Allegiant Gold Ltd. (TSX Venture:AUAU) (“Allegiant”). On February 15, 2018, Columbus Gold disposed of 2,750,000 common shares of Allegiant (5.89% of the issued and outstanding common shares of Allegiant) and following the disposition Columbus Gold now directly has ownership and control of 5,183,496 common shares of Allegiant, representing 11.1% of the issued and outstanding common shares of Allegiant. The purpose of the disposition was to provide Columbus Gold with working capital. It

Cornerstone files technical report on the Maiden Mineral Resource Estimate for the Alpala Deposit, Ecuador

OTTAWA, Feb. 16, 2018 (GLOBE NEWSWIRE) — Cornerstone Capital Resources Inc. (“Cornerstone” or “the Company”) (TSXV:CGP) (Frankfurt:GWN) (Berlin:GWN) (OTC:CTNXF) has filed on SEDAR a technical report on the Maiden Mineral Resource Estimate for the Alpala Deposit in Ecuador.  Please refer to the Company’s news release dated January 3, 2018 for further details.  The technical report is available under the Company’s profile on SEDAR at www.sedar.com and on the Company’s website (www.cornerstoneresources.com). About Cornerstone: Cornerstone Capital Resources Inc. is a mineral exploration company with a diversified portfolio of projects in Ecuador and Chile, and a proven ability to identify, acquire and

Purpose Investments Inc. Announces February Distributions

TORONTO, Feb. 16, 2018 (GLOBE NEWSWIRE) — Purpose Investments Inc. is pleased to announce the following distributions for the month of February 2018. The ex-distribution date for all funds is February 27, 2018, with the exception of the Purpose High Interest Savings ETF and the Purpose US Cash ETF, which have an ex-distribution date of February 28, 2018. Open-End Funds Ticker Symbol Distribution per share/unit Record Date Payable Date Distribution Frequency Purpose Core Dividend Fund – ETF Series PDF $ 0.08501 02/28/2018 03/07/2018 Monthly Purpose Enhanced Dividend Fund – ETF Series PDIV $ 0.05221 02/28/2018 03/07/2018 Monthly Purpose Total Return

Snow Eagle Resources Ltd. Announces Closing of CannaTest Photonics Ltd. Non-Brokered Private Placement

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES CALGARY, Alberta, Feb. 16, 2018 (GLOBE NEWSWIRE) — Snow Eagle Resources Ltd. (“Snow Eagle” or the “Company”) (NEX:SEG.H) is pleased to announce that CannaTest Photonics Ltd. (“CannaTest“) has closed on its previously announced non-brokered private placement (the “Non-Brokered Offering“). As set forth in the Company’s press release of January 9, 2018, Snow Eagle and CannaTest intend to amalgamate into one company to be called FluroTech Ltd. (“FluroTech”), which will constitute the Company’s qualifying transaction. Upon completion of the qualifying transaction, the shares of the resulting

Trisura Group Reports Fourth Quarter and 2017 Annual Results

TORONTO, Feb. 16, 2018 (GLOBE NEWSWIRE) — Trisura Group Ltd. (“Trisura” or “Trisura Group”) (TSX:TSU), a leading international specialty insurance company, today announced financial results for the fourth quarter and year ended December 31, 2017. Greg Morrison, CEO of Trisura, stated “2017 was a transformational year for Trisura, as we achieved a number of strategic goals alongside strong underwriting and premium growth in our Canadian P&C business. Of note, we received a regulatory license and an A- rating from AM Best in the US and bound our first insurance transaction in early 2018. Trisura Group is well positioned for future

RSI Announces Resolution to Billing Dispute

VANCOUVER, British Columbia, Feb. 16, 2018 (GLOBE NEWSWIRE) — RSI International Systems Inc. (TSX-V:RSY) (“RSI” or the “Company”) today reported that it has reached an agreement (the “Settlement Agreement”) to settle a billing dispute with one of its customers, as first reported on November 3, 2017.   RSI President & CEO, Tim Major, commented, “Although we feel our case was strong, the prospect of a protracted and time consuming litigation with uncertain consequences led us to conclude that settlement was the best course of action, allowing us to direct our full focus on improving our business”. Mr. Major concluded, “We worked

AutoZone to Release Second Quarter Earnings February 27, 2018

MEMPHIS, Tenn., Feb. 16, 2018 (GLOBE NEWSWIRE) — AutoZone, Inc. (NYSE:AZO), the nation’s leading auto parts retailer and a leading distributor of automotive replacement parts and accessories, will release results for its second quarter ended February 10, 2018, before market open on Tuesday, February 27, 2018. Additionally, the Company will host a one hour conference call on Tuesday, February 27, 2018, beginning at 10:00 a.m. (EST), to discuss the results of the quarter.  This call is being web cast and can be accessed, along with supporting slides, at AutoZone’s website at www.autozoneinc.com.  Investors may also listen to the call via

Bayshore Petroleum Corp. Announces Corporate Changes

CALGARY, Alberta, Feb. 16, 2018 (GLOBE NEWSWIRE) — NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES Bayshore Petroleum Corp. (“Bayshore” or the “Company”) (TSX VENTURE:BSH) announces the appointment of a Mr. Po Kwong (Ivan) Chan as Director of Finance in Hong Kong effective immediately.  Mr. Chan is a businessman resident in Hong Kong, and a director of several private companies located in Hong Kong and throughout Asia.  This included Dutfield Consultants Ltd., Morag Investments Limited, and other companies in Hong Kong and overseas.  Mr. Chan brings decades of financial and strategic banking expertise to

The Needle Capital Corp. Announces Qualifying Transaction

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR RELEASE, PUBLICATION, DISTRIBUTION OR DISSEMINATION DIRECTLY, OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES. CALGARY, Alberta, Feb. 16, 2018 (GLOBE NEWSWIRE) — The Needle Capital Corp. (TSXV:NEDL.P) (“Needle” or the “Company”), a capital pool company as defined under Policy 2.4 – Capital Pool Companies (“CPC”) of the TSX Venture Exchange (the “Exchange”), is pleased to announce it has entered into a letter of intent dated February 12, 2018 (the “LOI”) with The Flowr Corporation (“Flowr”), a private company incorporated under the Business Corporations Act (Ontario), whereby

Seneca Foods to Close its Modesto, California Facility

MARION, N.Y., Feb. 16, 2018 (GLOBE NEWSWIRE) — Seneca Foods Corporation (“Seneca”) (NASDAQ:SENEA), (NASDAQ:SENEB) announced today that it will close its plant in Modesto, California, due to challenging economic conditions.  The facility is primarily used for packaging and warehousing of the Company’s peach and fruit cocktail products. The Company expects this plant closure to improve its long-term financial condition and reduce leverage. Estimated restructuring charges as a result of the closure will be disclosed in future filings with the Securities and Exchange Commission.  Production operations at this location will cease prior to the 2018 production season.  Warehouse operations will continue

PHOTO RELEASE–Huntington Ingalls Industries Awarded $1.43 Billion Contract For The Construction of LPD 29

PASCAGOULA, Miss., Feb. 16, 2018 (GLOBE NEWSWIRE) — Huntington Ingalls Industries (NYSE:HII) announced today that its Ingalls Shipbuilding division was awarded a $1.43 billion, fixed-price incentive contract for the detail design and construction of LPD 29, the 13th San Antonio-class amphibious transport dock. “This contract is further recognition of the confidence the Navy/Marine Corps team has in the great work our shipbuilders are doing in the LPD program,” said Ingalls Shipbuilding President Brian Cuccias. “This efficient work is proven through our hot production line keeping the work going in the shipyard and through our nationwide network of suppliers. We are

Reliant Gold Corp. Obtains Conditional Approval for Listing on the Canadian Securities Exchange

TORONTO, Feb. 16, 2018 (GLOBE NEWSWIRE) — Reliant Gold Corp. (“Reliant” or the “Corporation“) (TSX VENTURE:RNG) obtained a conditional approval for listing on the CANADIAN SECURITIES EXCHANGE (CSE). The company will now seek to obtain a voluntary delisting from the TSX Venture Exchange and will submit final documentation to the CSE for successful listing on its exchange as soon as possible. FORWARD-LOOKING STATEMENTS Certain statements in this press release may constitute “forward-looking” statements which involve known and unknown risks, uncertainties and other factors which may cause actual results, performance or achievements of Reliant or the industry in which it operates to

Columbus Gold Grants Incentive Stock Options

VANCOUVER, British Columbia, Feb. 16, 2018 (GLOBE NEWSWIRE) — Columbus Gold Corp. (TSX:CGT) (OTCQX:CGTFF) has granted an aggregate of 5,000,000 incentive stock options to certain officers, directors, employees and consultants to purchase up to 5,000,000 common shares in the capital of Columbus. The incentive stock options have an exercise price of $0.48 per share, calculated using the 20-day volume weighted average price, which was based on the closing price on February 15, 2018.  The stock options expire on February 16, 2023.  As a result of this stock option grant, Columbus now has 7,695,000 stock options issued and outstanding, which represents

Farmers & Merchants Bancorp Reports Earnings for 2017

LODI, Calif., Feb. 16, 2018 (GLOBE NEWSWIRE) — Farmers & Merchants Bancorp (OTCQX:FMCB) today announced that the Company earned net income of $28.4 million for the year-ending December 31, 2017, after giving effect to a one-time, non-cash $6.3 million re-measurement of the Company’s deferred tax asset (“DTA”) required under GAAP from the passage of the new Tax Cuts and Jobs Act. The non-recurring $6.3 million DTA re-measurement reduced net income for the year from what would have been $34.7 million on a non-GAAP basis to $28.4 million. Total assets at year-end were $3.1 billion, up 5.25% over the prior year.

Bee Vectoring Closes Private Placement

THIS RELEASE IS NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES MISSISSAUGA, Ontario, Feb. 16, 2018 (GLOBE NEWSWIRE) —  Bee Vectoring Technologies International Inc. (the “Company” or “BVT”) (TSXV:BEE) is pleased to announce the closing of its non-brokered private placement for gross proceeds of C$1,575,000 (the “Offering”).  The Offering was oversubscribed and the Company issued an additional 1,500,000 units as to what was previously announced for a total of 6,300,000 units of the Company at a price of $0.25 per unit. Each unit consists of one common share and one half of one