Day: December 20, 2018

International Cannabis Adds Cultivation Licences in Bulgaria/Macedonia and Macedonia’s Only Extraction Licence

VANCOUVER, British Columbia, Dec. 21, 2018 (GLOBE NEWSWIRE) — ICC International Cannabis Corp. (CSE: WRLD)(FWB: 8K51)(OTC: KNHBF) (“ICC” or “International Cannabis” or the “Company”) is pleased to announce it has entered into a definitive agreement to acquire 100 per-cent of Balkan Cannabis Corp (“Balkan Cannabis”). Balkan Cannabis controls Macedonian medical Cannabis cultivation and extraction licences, as well as Bulgarian medical Cannabis and hemp cultivation licences. International Cannabis will leverage Balkan Cannabis’ extensive Eastern Europe network to target the second wave of European cannabis legalisation. With multiple operational offices located throughout the region, Balkan Cannabis aims to be the first mover

Pomerantz Law Firm Announces the Filing of a Class Action against The Goldman Sachs Group, Inc. and Certain Officers – GS

NEW YORK, Dec. 20, 2018 (GLOBE NEWSWIRE) — Pomerantz LLP announces that a class action lawsuit has been filed against, The Goldman Sachs Group, Inc. (“Goldman Sachs” or the “Company”) (NYSE: GS) and certain of its officers.   The class action, filed in United States District Court, Southern District of New York, and indexed under 18-cv-12084, is on behalf of a class consisting of all persons and entities, other than Defendants and their affiliates, who purchased or otherwise, acquired Goldman Sachs securities between February 28, 2014, and December 17, 2018, both dates inclusive (the “Class Period”), seeking to recover damages caused

China Gold International Announces Loan Agreement and Deposit Services Agreement with Related Party

VANCOUVER, British Columbia, Dec. 20, 2018 (GLOBE NEWSWIRE) — China Gold International Resources Corp. Ltd. (TSX: CGG; HKEx: 2099) (the “Company” or “China Gold International Resources”) wishes to announce that on or about December 18, 2018, Inner Mongolia Pacific Mining Co. Ltd., a cooperative joint venture company in which the Company holds a 96.5% interest and China National Gold Group Finance Company Ltd. (“China Gold Finance”) entered into a four (4) month term extension supplemental loan agreement extending the original Loan Agreement entered into on December 18, 2017, all other terms and conditions of the original Loan Agreement remain the

PLx Pharma Inc. Announces $15 Million Convertible Preferred Stock Financing

HOUSTON, Dec. 20, 2018 (GLOBE NEWSWIRE) — PLx Pharma Inc. (NASDAQ: PLXP) (“PLx” or the “Company”), a late-stage specialty pharmaceutical company focused on commercializing two patent-protected products, Vazalore™ 325 mg and Vazalore™ 81 mg (referred to together as “Vazalore”™), announced today it has signed a stock purchase agreement with funds affiliated with Park West Asset Management LLC (collectively, “Park West”) to purchase 15,000 shares of newly issued Series A Convertible Preferred Stock (“Preferred Stock”), for gross proceeds of $15 million. The Company intends to use the proceeds from the issuance of the Preferred Stock to advance Vazalore to market readiness,

Bank of the Pacific Donates Naselle Building to Ocean Beach Hospital

ABERDEEN, Wash., Dec. 20, 2018 (GLOBE NEWSWIRE) — Pacific Financial Corporation (OTCQB: PFLC), the holding company for Bank of the Pacific, today announced that it will donate the Naselle branch building at 309 Knappton Road to the nearby Ocean Beach Hospital and Medical Clinics.  The branch building is approximately 2,000 square-feet and is slated to close on February 1, 2019, with customer accounts consolidated into the nearby Bank of the Pacific branches in Coastal Washington and Oregon.  An automated teller machine (ATM) will be retained at the building site. The medical clinic in Naselle is presently located in a 1,000

Aerojet Rocketdyne Wraps Up Historic Year

Company’s propulsion enabled significant firsts for nation’s aerospace and defense industry Innovation in additive manufacturing enables cost savings & design flexibility Focus on affordability and efficiency have helped to drive strong top line growth and margin improvement in the first 9 months of 2018 (4th quarter results not yet available) EL SEGUNDO, Calif., Dec. 20, 2018 (GLOBE NEWSWIRE) — From 100% mission success on Delta and Atlas launches, to propelling spacecraft to the Sun and Mars, and modernizing our nation’s defense, Aerojet Rocketdyne continued to make history. Here’s a look back at some key successes from the past year. Preparing

Veritas Appoints Corporate Secretary & CFO; and Issues Stock Options

VANCOUVER, British Columbia, Dec. 20, 2018 (GLOBE NEWSWIRE) — Veritas Pharma Inc. (CSE: VRT; OTC: VRTHF; and Frankfurt: 2VP) (“Veritas” or the “Company”) is pleased to announce the appointment of Blair Lowther as the Corporate Secretary of the Company. Blair is a corporate lawyer with many years of experience working with public companies, particularly in the cannabis industry. Blair is excited to help ensure the continued integrity of the Company’s governance framework, administration and regulatory compliance. Dr. Lui Franciosi, CEO of the Company, states, “We welcome Mr. Lowther’s many years of legal experience in his new role as Corporate Secretary.”

Wheeler Real Estate Investment Trust, Inc. Makes an Announcement Regarding Preferred Dividends

VIRGINIA BEACH, Va., Dec. 20, 2018 (GLOBE NEWSWIRE) — Wheeler Real Estate Investment Trust, Inc. (NASDAQ:WHLR) (“WHLR” or the “Company”), a fully-integrated, self-managed commercial real estate investment company focused on owning and operating income-producing retail properties with a primary focus on grocery-anchored centers, today announced that, as part of its ongoing evaluation of strategic alternatives, that it will not pay its anticipated fourth quarter dividends on shares of its Series A Preferred Stock, Series B Convertible Preferred Stock and Series D Cumulative Convertible Preferred Stock at this time. These dividends represent quarterly payments of $22.50, $0.5625 and $0.5469 per respective

Del Frisco’s Restaurant Group Announces Review of Strategic Alternatives to Maximize Shareholder Value

IRVING, Texas, Dec. 20, 2018 (GLOBE NEWSWIRE) — Del Frisco’s Restaurant Group, Inc. (“Del Frisco’s” or the “Company”) (NASDAQ: DFRG) today announced that its Board of Directors (the “Board”) has commenced a comprehensive review of strategic alternatives. The Del Frisco’s Board, in consultation with its financial and legal advisors, will review and consider a full range of options focused on maximizing shareholder value, including a possible sale of the Company or any of its dining concepts. Ian R. Carter, Chairman of the Board, commented, “The Board believes that conducting a strategic review process is in the best interests of shareholders.

Nouveau Monde Graphite Announces Closing of a Loan Financing for an Amount of $4,655,000 and Grants for an Amount of $1,188,225

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, IN THE UNITED STATES SAINT-MICHEL-DES-SAINTS, Quebec, Dec. 20, 2018 (GLOBE NEWSWIRE) — NOUVEAU MONDE GRAPHITE INC. (the “Corporation” or “Nouveau Monde”) (TSX Venture Exchange: NOU) (OTCQX: NMGRF) (Francfort: NM9) announces that it has closed a financing with Investissement Québec for an aggregate amount of $4,665,000 through four loan offers for which the first tranche of an amount of $3,361,788 has been received while the second tranche will be received in 2019  pursuant to Nouveau Monde’s cash flow needs but subject to the achievement of conditions set forth in the loan

Revolution Lighting Technologies Transaction Committee Retains Financial Advisor

STAMFORD, Conn., Dec. 20, 2018 (GLOBE NEWSWIRE) — Revolution Lighting Technologies, Inc. (NASDAQ: RVLT) (“Revolution Lighting” or the “Company”), a global provider of advanced LED lighting solutions, previously announced that RVL 1 LLC, an affiliate of the Company’s Chairman and CEO, Robert V. LaPenta, has proposed to acquire all of the Company’s outstanding common stock and take the Company private.  In response, the Board of Directors of the Company (the “Board of Directors”) formed a Transaction Committee, consisting of each of the Company’s independent directors.  The Transaction Committee has been empowered to review, evaluate and negotiate the terms of any

Teck Announces Investment in Sun Metals

VANCOUVER, British Columbia, Dec. 20, 2018 (GLOBE NEWSWIRE) — Teck Resources Limited (TSX: TECK.A and TECK.B, NYSE: TECK) (“Teck”) announced today that it has acquired 12,500,000 common shares of Sun Metals Corp. (TSX.V: SUNM) (“Sun Metals”), at a cost of $0.28 per common share for an aggregate purchase price of $3,500,000. The shares were acquired privately on December 20, 2018 pursuant to a donation arrangement (the “Acquisition”). As a result of the Acquisition, Teck holds 12,500,000 common shares of Sun Metals, or approximately 13.8% of Sun Metals’ outstanding common shares. Sun Metals is a mineral exploration company focused on advancing

Trade and marketing opportunities open for Elixinol following signing of 2018 Farm Bill by the US President

SYDNEY, Dec. 20, 2018 (GLOBE NEWSWIRE) — Elixinol Global Limited (EXL, Group or the Company) (ASX: EXL; OTCQX: ELLXF), a global company operating in the hemp, dietary supplements and emerging medicinal cannabis sectors, is delighted to announce that the President of the United States has signed the 2018 Farm Bill, which includes the Hemp Farming Act of 2018 (S.2667), confirming the Bill has now been fully passed and enacted into law.  As a result, hemp has been officially removed from the Controlled Substances Act (hemp removed from the definition of marijuana) and will now be regulated as an agricultural crop.

Gray Receives Regulatory Approvals for Raycom Media and Divestiture Transactions

Washington, Dec. 20, 2018 (GLOBE NEWSWIRE) — Gray Television, Inc. (“Gray,” “we,” or “our”) (NYSE: GTN) has received approvals from both the Antitrust Division of the U.S. Department of Justice and the Federal Communications Commission of its previously announced acquisition of Raycom Media, Inc. (“Raycom”) including the related divestitures of certain television stations due to market overlaps.  Furthermore, the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act has now terminated. The DOJ and FCC approvals require that Gray and Raycom divest the same television stations that we identified in our June 25, 2018, announcement of the merger and that we

First-Time Head Cook Defeats Two-Time World Chili Champion

Mississippi Chef wins $10,000 at the World Food Championships Orange Beach, Ala.,, Dec. 20, 2018 (GLOBE NEWSWIRE) — Chef Jacqueline Seavey spiced things up at the World Food Championships (WFC) in Orange Beach, Alabama, by winning over the judges’ taste buds with a non-traditional chili cuisine. Her combination of advanced culinary skills and unique ingredients earned this Long Beach, Mississippi Chef the 2018 World Open Chili Champion title. This was Jacqueline’s first time competing as a head cook at WFC. In previous years, she served as a sous chef in other categories such as Steak and Seafood. The 2018 World

Associa Northern California has Record-Breaking 2018

PLEASANTON, CA, Dec. 20, 2018 (GLOBE NEWSWIRE) — Associa Northern California has a record-breaking year with the addition of 31 new communities across Northern California. The communities are comprised of more than 4,600 units, including single-family homes, condominiums, and townhomes. These unique properties provide special amenities for their residents including privacy gates, community centers, pools, parks, and unbeatable views. They are conveniently located near shopping complexes, coveted restaurants, and sought-after school districts. “The dedication of our team has been demonstrated with the impressive number of new clients throughout this year. Each team member has been working hard to expand our

Imperial Mining Announces First Tranche Closing of Private Placement

MONTREAL, Dec. 20, 2018 (GLOBE NEWSWIRE) — Imperial Mining Group Ltd. (“Imperial” or the “Corporation”) (TSX VENTURE: IPG) is pleased to announce that it has closed the first tranche of 9,003,890 common shares (each a “Share”) in the capital of the Corporation, issued on a “flow-though” basis, of a non-brokered private placement (the “Offering”) for gross proceeds of $810,350. This tranche is part of a total Offering of up to 16,666,666 Shares on a “flow-though” basis at a price of $0.09 per Share for total aggregate gross proceeds of up to $1,500,000.  The Company anticipates closing of the final tranche

Sonic Foundry Announces Preliminary Fourth Quarter 2018 Financial Results and Operational Changes in Fiscal 2019

MADISON, Wis., Dec. 20, 2018 (GLOBE NEWSWIRE) — Sonic Foundry, Inc. (NASDAQ: SOFO), the trusted leader for video creation and management solutions, today announced preliminary financial results for its fiscal 2018 fourth quarter ended September 30, 2018, in advance of proactive, key operational changes starting in 2019. Preliminary Fiscal 2018 Fourth Quarter Highlights Billings totaled $9.9 million in the fourth quarter of 2018, an increase of 5 percent, compared to the same period last year Total revenues of $8.5 million compared to $8.3 million in the fourth quarter of 2017 Non-cash expense of $11.8 million related to impairment of goodwill

Air Industries Group Completes Sale of Welding Metallurgy Inc. to CPI Aerostructures

Transaction reduces debt and re-focuses Air Industries on Core Competencies HAUPPAUGE, N.Y., Dec. 20, 2018 (GLOBE NEWSWIRE) — Air Industries Group (NYSE AMEX: AIRI) Air Industries Group (“Air Industries” or the “Company”), an integrated manufacturer of precision equipment assemblies and components for leading aerospace and defense prime contractors, is pleased to announce that it has completed the sale of its Welding Metallurgy subsidiary to CPI Aerostructures, Inc. Mr. Lou Melluzzo, CEO of Air Industries, commented: “The sale of Welding Metallurgy represents a capstone in our 2018 objectives for Air Industries Group.  We began the year with a plan to simplify

Sunflower Mission awards 59 university scholarships to Vietnam’s future engineers

Texas-based organization has delivered 20,413 scholarships to Vietnamese students HO CHI MINH CITY, Vietnam, Dec. 20, 2018 (GLOBE NEWSWIRE) — Sunflower Mission marked its sixteenth year of supporting student education in Vietnam and presented a total of 59 university scholarships to engineering and technology students in Ho Chi Minh City on December 11 and in Da Nang on December 13. Sunflower Mission, a U.S. based non-profit organization, was founded in 2002 to improve the lives of people in Vietnam through educational assistance programs and to also provide life-long leadership skills for students in the United States. Sunflower Mission Engineering &