Day: March 14, 2018

Swarm Fund Welcomes Chris Eberle as COO for Fast-Growing Decentralized Capital Marketplace

Facebook’s former Head of Media Partner Services & Operations joins Swarm’s mission to democratize investing PALO ALTO, Calif., March 15, 2018 (GLOBE NEWSWIRE) — Swarm (www.swarm.fund), the blockchain for private equity, today announced the hiring of Chris Eberle as Chief Operating Officer. A Harvard Business School alumnus and 20-year digital veteran with leadership roles at Facebook, Federated Media, Meebo (Google), and AOL, Eberle will lead Swarm’s operations as it develops revolutionary financial infrastructure on the blockchain. “This is a very exciting time for all of us. We are de facto the first live security token platform globally. When we launched the

Maricann Provides Clarification with Respect to Recent Media Publication

TORONTO, March 14, 2018 (GLOBE NEWSWIRE) — Maricann Group Inc. (CSE:MARI) (OTCQB:MRRCF) (FRANKFURT:75M) (“Maricann” or the “Corporation”) announced today a clarification with respect to a recent media publication. On March 6, 2018, Stockhouse Publishing published an interview (the “Interview”) of Mr. Ben Ward, the Chief Executive Officer and a director of the Corporation, by Marc Davis. As previously reported, the Interview was not authorized by the board of directors of the Corporation or by its special committee and the statements contained therein solely represent personal views and opinions of Mr. Ward.  Therefore, none of the statements contained in the Interview

II-VI Incorporated Introduces 1 kW Direct Diode Laser Engine

PITTSBURGH, March 14, 2018 (GLOBE NEWSWIRE) — II‐VI Incorporated (NASDAQ:IIVI), a leader in laser components and subsystems, today announced that its DirectProcess 900  direct diode laser engine is now available with 1 kW continuous output power and network interfaces for Industry 4.0. The growing number of applications in industrial materials processing, such as joining, cutting and hardening, is driving the demand for industrial lasers that are more energy and process efficient.  II-VI’s DirectProcess 900 leverages its in-house design and manufacturing expertise in diode lasers, high power laser optics and laser light cables to achieve high wall-plug efficiency. Its excellent beam

Park Place Announces closing of Private Placement on February 28th, 2018

ANKARA, Turkey, March 14, 2018 (GLOBE NEWSWIRE) — Park Place Energy Inc. (OTCQB:PKPL) (“Park Place”) is pleased to announce the Private Placement closed on February 28th, 2018.   On February 28, 2018, Park Place Energy Inc. closed a private placement with the issuance of 11,750,000 shares of common stock, with each common share having ½ of one share purchase warrant attached, resulting in the issuance of 5,875,000 share purchase warrants. Each whole share purchase warrant is exercisable for a period of 24 months at an exercise price of $0.30 per share of common stock. Of the shares issued, 7,550,000 were issued

Sorrento Therapeutics to Present at the 28th Annual Oppenheimer Conference (NY) on 03/20/18

SAN DIEGO, March 14, 2018 (GLOBE NEWSWIRE) — Sorrento Therapeutics, Inc. (NASDAQ:SRNE) (“Sorrento”), announced today that it will present at the Oppenheimer 28th annual conference on 03/20/18 at 2:45 PM EST (Westin NY Grand Central). A copy of the presentation materials will be made available on the company website (www.sorrentotherapeutics.com) following the event. About Sorrento Therapeutics, Inc.  Sorrento is a clinical stage, antibody-centric, biopharmaceutical company developing new therapies to turn malignant cancers into manageable and possibly curable diseases. Sorrento’s multimodal multipronged approach to fighting cancer is made possible by its extensive immuno-oncology platforms, including key assets such as fully human

Liquor Stores N.A. Ltd. Reports Fourth Quarter 2017 Results; Provides Further Detail on Strategic Plan and Announces Appointment of Terry Booth to Board of Directors

EDMONTON, Alberta, March 14, 2018 (GLOBE NEWSWIRE) — Liquor Stores N.A. Ltd. (the “Company” or “Liquor Stores”) (TSX:LIQ) today reported its results for the three and twelve months ended December 31, 2017. “As we transform the Company to regain our market leadership in liquor and establish a world-class cannabis business, our results will need to be viewed in the context of the myriad of initiatives underway to leave behind our past and become a dynamic growth-oriented company,” stated James Burns, Vice Chair and CEO, Liquor Stores N.A. Ltd. “Liquor Stores’ financial position is by far the strongest it has ever

Squire Signs Letter Agreement to Develop Next Generation 10nm ASIC Chips for Cryptocurrency Mining

VANCOUVER, British Columbia, March 14, 2018 (GLOBE NEWSWIRE) — Squire Mining Ltd. – The Company would like to announce it has entered into a binding letter of agreement with Peter Kim (“Kim”) to undertake, on an exclusive basis, the joint development of application specific integrated circuit (ASIC) chips to mine bitcoin and other crypto-currencies. The rapid growth shown in the blockchain and digital currencies sectors present clear opportunities for new providers developing next generation chips and system architecture. Upon completion of the ASIC chip development, it is expected the joint venture company will also initiate the sale of bitcoin and crypto-mining

TheRecover.com Provides a Comprehensive List of The Best Drug Rehab Centers in The Nation

SAN DIEGO, March 14, 2018 (GLOBE NEWSWIRE) — TheRecover.com is a leading drug recovery resource website that provides you with latest drug treatment news and also provides a comprehensive list of the best drug rehabs throughout the nation with more than two hundred drug rehab recovery centers. With so many drug rehab centers out there it can be a bit overwhelming and confusing to find the best drug rehab recovery centers. We make this process a bit easier with providing all the recovery resources all on one website. TheRecover.com’s drug rehab directory listings are located throughout the United States. They

Carmanah Announces Resolution of Disputed Receivable

VICTORIA, British Columbia, March 14, 2018 (GLOBE NEWSWIRE) — Carmanah Technologies Corporation (TSX:CMH) (“the Company” or “Carmanah”) today reported that its wholly owned subsidiary, Carmanah Solar Power Corporation, has come to a negotiated resolution with respect to a previously disputed receivable involving one of its customers.  As a result of the resolution, Carmanah will incur a one-time charge of USD $1.7 million, negatively impacting the net income from discontinued operations in the fourth quarter of 2017.       About Carmanah Technologies Corporation Carmanah designs, develops and distributes a portfolio of products focused on energy optimized LED solutions for infrastructure. Since

Moovly Media Closes Private Placement

VANCOUVER, British Columbia, March 14, 2018 (GLOBE NEWSWIRE) — Moovly Media Inc. (“Moovly” or the “Company”) (TSXV:MVY) (OTCQB:MVVYF) (FRANKFURT:0PV2) has closed a non-brokered private placement through the issuance of 5,550,000 units (each, a “Unit”), generating gross proceeds of $555,000.  Each Unit will be comprised of one common share in the capital of the Company (a “Common Share”) and one common share purchase warrant (a “Warrant”).  Each Warrant will entitle the holder to purchase a Common Share at a price of $0.15 per share for a period of one year from the date of issuance. All of the securities issued under the private placement will be subject to a four month resale

National Vision Announces Pricing of Secondary Offering

DULUTH, Ga., March 14, 2018 (GLOBE NEWSWIRE) — National Vision Holdings, Inc. (NASDAQ:EYE) (“National Vision”) today announced the pricing of the previously announced underwritten secondary offering by certain of its stockholders (the “Selling Stockholders”), including affiliates of Kohlberg Kravis Roberts & Co. L.P. and private equity funds managed by Berkshire Partners LLC, of 12,000,000 shares of common stock of National Vision pursuant to a registration statement filed by National Vision with the U.S. Securities and Exchange Commission (the “SEC”), at the public offering price of $33.00 per share. The Selling Stockholders have granted the underwriters a 30-day option to purchase

School Specialty Announces Fiscal Year 2017 Fourth Quarter and Year-end Financial Results

GREENVILLE, Wis., March 14, 2018 (GLOBE NEWSWIRE) — School Specialty, Inc. (OTCQB:SCOO) (“School Specialty”, “SSI” or “the Company”), a leading distributor of supplies, furniture and both curriculum and supplemental learning resources to the education, healthcare and other marketplaces, today announced financial results for its fiscal 2017 fourth quarter and year ended December 30, 2017. Joseph M. Yorio, President and Chief Executive Officer, stated, “In 2017, we generated modest growth, saw gross margins increase and lowered our core overhead, excluding the incremental expenses associated with the Triumph Learning acquisition. Operating income improved by $1.9 million, Adjusted EBITDA improved by $2.0 million

Canadian Natural Resources Limited Announces Intention to Institute a Normal Course Issuer Bid

CALGARY, Alberta, March 14, 2018 (GLOBE NEWSWIRE) — Canadian Natural Resources Limited (the “Corporation”) announced today its intention, subject to regulatory approval, including the approval of the Toronto Stock Exchange (“TSX”), to purchase for cancellation up to 61,295,086 of its common shares (representing 5% of the common shares as at March 13, 2018) through a normal course issuer bid (the “NCIB”). The Corporation is currently engaged in a normal course issuer bid, which commenced May 23, 2017 and is ending on May 22, 2018 (the “2017 NCIB”).  Through the 2017 NCIB the Corporation has, to date, not purchased any of

Currency Exchange International Announces Financial Results for the Three Month Period Ended January 31, 2018

TORONTO, March 14, 2018 (GLOBE NEWSWIRE) — Currency Exchange International, Corp. (the “Company”) (TSX:CXI) (OTCBB:CURN), is pleased to announce its financial results and present management’s discussion and analysis (“MD&A“) for the three month period ended January 31, 2018 (all figures are in U.S. dollars except where otherwise indicated). The complete financial statements and MD&A can be found on the Company’s SEDAR profile at www.sedar.com. Financial Highlights for the Three Month Period Ended January 31, 2018 compared to the Three Month Period Ended January 31, 2017: During the three month period ended January 31, 2018, transactional activity between the Company and

Green Sun Medical Wins SXSW Pediatric Device Competition Held in Austin, Texas

Fort Collins, CO, March 14, 2018 (GLOBE NEWSWIRE) — On March 13, 2018, medical device company Green Sun Medical won first place at the South by Southwest (SXSW) Impact Pediatric Health Pitch Competition in Austin, Texas.  Green Sun Medical is developing a dynamic scoliosis brace that applies continuous corrective pressure to the spine and allows physicians to monitor remotely the performance of the brace. Current treatments for scoliosis include spinal fusion surgeries, and braces developed over 40 years ago.  The company has raised over $2.5 million in equity and awards. The competition was part of the annual conference to foster

Proteostasis Therapeutics Reports Fourth Quarter and Year-End 2017 Financial Results and Provides Business Update

14-day Study of PTI-801, Company’s Third Generation Corrector, in CF Patients on Background Orkambi® Enrolling Ahead of Schedule; Results from All Three Cohorts Expected Q2’18 Company Announces Additional Study of PTI-428 in CF Subjects on Symdeko™ to Support Path to NDA, with Initial Data Anticipated in Early 2019 Triple Combination CF Study of PTI-428 + PTI-801 + PTI-808 on Track to Initiate in Q2’18; Preliminary Results Anticipated in 2H’18 Initial Data from PTI’s Double Combination Study of PTI-801 and PTI-808 in CF Patients Expected Mid 2018 CAMBRIDGE, Mass., March 14, 2018 (GLOBE NEWSWIRE) — Proteostasis Therapeutics, Inc. (NASDAQ:PTI), a clinical stage

Avid Reveals Powerful Speaker Line-up at Avid Connect 2018 to Explore Innovation in Action Across Media and Entertainment

BURLINGTON, Mass., March 14, 2018 (GLOBE NEWSWIRE) — Avid® (Nasdaq:AVID), along with Avid Customer Association (ACA) leadership today unveiled the extensive speakers list and full program for the fifth annual Avid Connect conference taking place April 6-8, 2018, immediately preceding the 2018 NAB Show. Attendees will interact and explore “Innovation in Action” across the global media and entertainment landscape, learning directly from creative, technical and business peers at the forefront of industry innovation and transformation in the digital era. Industry professionals can take part by signing up for the pre-event discount rate at www.avidconnect2018.com through March 31, 2018. This year’s

Firan Technology Group Corporation (“FTG”) is Awarded a Multi Million Dollar Contract for the Delivery of KC-46 Simulated Cockpit Control Devices and Boom Operator Training Stations

TORONTO, March 14, 2018 (GLOBE NEWSWIRE) — FTG Aerospace Toronto, a division of Firan Technology Group Corporation (TSX:FTG) today announced it received a contract from FlightSafety International for the delivery of multiple sets of simulated KC-46 cockpit control devices and simulated Boom Operator Trainers. FTG will provide its latest iteration of high fidelity simulated equipment to support FlightSafety’s various full motion flight simulators. FTG first engaged with FlightSafety as a result of the acquisition of PhotoEtch in March 2016. FTG and FlightSafety have previously completed a contract for design and delivery of similar products for KC-46 simulators. This contract is

AirBoss Announces 4th Quarter and Full Year 2017 Results and Dividend

NEWMARKET, Ontario, March 14, 2018 (GLOBE NEWSWIRE) — AirBoss of America Corp. (TSX:BOS) (US$ except where otherwise noted) Highlights:                                                                                                                                       Quarterly EBITDA improved 59% to $6.8 million Quarterly earnings per share of $0.16, compared to $0.06 in the same period in 2016 Earnings per share of $0.55 and $0.54 based on basic and diluted shares outstanding, respectively Quarterly dividend of C$0.07 per common share for a total annual payment of C$0.28, a 9.8% annual increase over 2016         Three months endedDecember 31 Twelve months endedDecember 31  (In thousands of US dollars) 2017 2016 2017 2016  Net Sales 74,214

Klondex Reports Fourth Quarter and Full-Year 2017 Financial Results

VANCOUVER, British Columbia, March 14, 2018 (GLOBE NEWSWIRE) — Klondex Mines Ltd. (TSX:KDX) (NYSE American:KLDX) (“Klondex”, the “Company”, “we”, “our”, or “us”) is pleased to announce its operational and financial results for the fourth quarter and full-year 2017. This press release should be read in conjunction with our 2017 Annual Report on Form 10-K, which includes our Consolidated Financial Statements and related Management’s Discussion and Analysis of Financial Condition and Results of Operations (“MD&A”), which is available on our website (www.klondexmines.com), on SEDAR (www.sedar.com), and on EDGAR (www.sec.gov). All dollar amounts included in this press release are expressed in thousands