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VERSABANK DECLARES DIVIDENDS

Retrieved on: 
Wednesday, March 6, 2024

LONDON, ON, March 6, 2024 /PRNewswire/ - VersaBank (the "Bank") (TSX: VBNK) (NASDAQ: VBNK) today announced that cash dividends in the amount of CAD $0.025 per Common Share of the Bank and CAD $0.1693 per Series 1 Preferred Share of the Bank, have been declared for the quarter ending April 30, 2024, payable as of April 30, 2024, to shareholders of record at the close of business on April 5, 2024.

Key Points: 
  • LONDON, ON, March 6, 2024 /PRNewswire/ - VersaBank (the "Bank") (TSX: VBNK) (NASDAQ: VBNK) today announced that cash dividends in the amount of CAD $0.025 per Common Share of the Bank and CAD $0.1693 per Series 1 Preferred Share of the Bank, have been declared for the quarter ending April 30, 2024, payable as of April 30, 2024, to shareholders of record at the close of business on April 5, 2024.
  • The dividends to which this notice relates are eligible dividends for tax purposes.

Innocan Pharma's LPT-CBD Has the Potential to Support a new Therapeutic Venue for Neurological Disorders According to Recent Study

Retrieved on: 
Tuesday, March 5, 2024

HERZLIYA, Israel and CALGARY, Alberta, March 5, 2024 /PRNewswire/ -- Innocan Pharma Corporation (CSE: INNO) (FSE: IP4) (OTCQB: INNPF) ("Innocan" or the "Company"), a pioneer in the development of drug delivery technologies using CBD for the pharmaceutical and biotechnology industries, is pleased to announce the following:

Key Points: 
  • In the Company's latest study, CBD was found to be in the brains of both mice and rabbits weeks after LPT-CBD was subcutaneously injected to them.
  • These results show a strong correlation between the prolonged blood exposure of CBD and its brain distribution.
  • Sufficient exposure of CBD in the brain is the hallmark of CBD therapy associated with various neurological conditions.
  • The fact that LPT-CBD successively delivers CBD to the brain in a long-lasting manner opens a big venue for the treatment of various neurological disorders.

Rapidly Evolving Fashion Drives $1.32 Billion Growth in Direct to Garment (DTG) Printing Market | Future Market Insights, Inc.

Retrieved on: 
Tuesday, March 5, 2024

NEWARK, Del., March 5, 2024 /PRNewswire/ -- The direct-to-garment (DTG) printing market is poised for significant growth, according to a recent publication by Future Market Insights, Inc. This trend is fueled by the ever-evolving fashion landscape, where manufacturers must constantly adapt and innovate to stay ahead of the curve. DTG printing, a popular choice for its superior quality, operational efficiency, and cost-effectiveness, is expected to reach a market value of approximately US$ 861.2 million by 2024. Projecting a compound annual growth rate (CAGR) of 4.4%, the market is anticipated to reach US$ 1.32 billion by 2034.

Key Points: 
  • NEWARK, Del., March 5, 2024 /PRNewswire/ -- The direct-to-garment (DTG) printing market is poised for significant growth, according to a recent publication by Future Market Insights, Inc.
  • Projecting a compound annual growth rate (CAGR) of 4.4%, the market is anticipated to reach US$ 1.32 billion by 2034.
  • It explores the emerging opportunities presented by direct-to-shape inkjet printers, a rapidly developing technology that promises to revolutionize the printing landscape.
  • The direct to garment printing (DTG) industry has experienced significant growth due to the increasing demand for personalized fashion items.

Rapidly Evolving Fashion Drives $1.32 Billion Growth in Direct to Garment (DTG) Printing Market | Future Market Insights, Inc.

Retrieved on: 
Tuesday, March 5, 2024

NEWARK, Del., March 5, 2024 /PRNewswire/ -- The direct-to-garment (DTG) printing market is poised for significant growth, according to a recent publication by Future Market Insights, Inc. This trend is fueled by the ever-evolving fashion landscape, where manufacturers must constantly adapt and innovate to stay ahead of the curve. DTG printing, a popular choice for its superior quality, operational efficiency, and cost-effectiveness, is expected to reach a market value of approximately US$ 861.2 million by 2024. Projecting a compound annual growth rate (CAGR) of 4.4%, the market is anticipated to reach US$ 1.32 billion by 2034.

Key Points: 
  • NEWARK, Del., March 5, 2024 /PRNewswire/ -- The direct-to-garment (DTG) printing market is poised for significant growth, according to a recent publication by Future Market Insights, Inc.
  • Projecting a compound annual growth rate (CAGR) of 4.4%, the market is anticipated to reach US$ 1.32 billion by 2034.
  • It explores the emerging opportunities presented by direct-to-shape inkjet printers, a rapidly developing technology that promises to revolutionize the printing landscape.
  • The direct to garment printing (DTG) industry has experienced significant growth due to the increasing demand for personalized fashion items.

Choice Hotels Kicks Off 9th Annual "Mastery" Tech Innovation Summit, Operating at the Intersection of Hospitality, Franchising and Technology

Retrieved on: 
Monday, March 4, 2024

NORTH BETHESDA, Md., March 4, 2024 /PRNewswire/ -- Choice Hotels International, Inc. (NYSE: CHH), one of the world's leading lodging franchisors, kicks off "Mastery 2024" today, an annual week-long tech innovation summit where more than 500 company technologists come together at Choice's Scottsdale, Arizona offices to learn and drive innovation through a series of gamified trainings and workshops that culminate in a 48-hour make-a-thon. In the make-a-thon, Choice associates ideate and build new software products leveraging advanced technology to drive profitability and value for the company and Choice hotel owners. During Mastery 2024, tech teams will develop solutions to speed up and improve the hotel onboarding process, measure and visualize a property's environmental footprint, improve the customer service experience, and more. At the end of each make-a-thon, teams will present their new products to a committee of Choice executives, with winners receiving cash prizes and the chance to have their ideas continue to be refined and deployed across the organization.

Key Points: 
  • In the make-a-thon, Choice associates ideate and build new software products leveraging advanced technology to drive profitability and value for the company and Choice hotel owners.
  • "Mastery keeps us current on cutting-edge technologies like AI and helps spark creativity, innovation, and team building," said Brian Kirkland, chief information officer, Choice Hotels International.
  • "Choice's long-standing commitment and investment in technology provides hotel owners and operators of our brands with an edge," said Anna Scozzafava, chief strategy officer and senior vice president of technology, Choice Hotels International.
  • Choice Hotels has a history of technological firsts and innovation, including:
    In 1995, Choice launched the first hotel website with real-time rate and availability information.

Grounded Lithium Announces Various Corporate Matters

Retrieved on: 
Monday, March 4, 2024

CALGARY, AB, March 4, 2024 /PRNewswire/ - (TSXV: GRD) (OTCQB: GRDAF) – Grounded Lithium Corp. ("GLC" or the "Company") announces a number of corporate matters today.

Key Points: 
  • CALGARY, AB, March 4, 2024 /PRNewswire/ - (TSXV: GRD) (OTCQB: GRDAF) – Grounded Lithium Corp. ("GLC" or the "Company") announces a number of corporate matters today.
  • The Company engaged Koch Technologies Solutions ("KTS") a number of months ago to perform certain treatability studies on the Company's brine resources.
  • This was performed with exceptional results and largely moved GLC to select KTS as our chosen extraction technology solution.
  • A total of 1,665,354 common shares, representing 2.1% of the pro-forma outstanding Common Shares will be issued to an affiliate of KTS.

WILLOW BIOSCIENCES ANNOUNCES SECOND STRATEGIC INVESTMENT FROM KALSEC

Retrieved on: 
Thursday, February 29, 2024

CALGARY, AB, Feb. 29, 2024 /PRNewswire/ - Willow Biosciences Inc. ("Willow" or the "Company") (TSX: WLLW) (OTCQB: CANSF), a leading biotechnology company focused on revolutionizing industrial manufacturing of pure, consistent, and sustainable functional ingredients, is pleased to announce a second strategic investment (the "Milestone Investment"), by way of non-brokered private placement, from Kalsec® Inc. ("Kalsec"), a leading global producer of natural taste and sensory, food protection, colors and advanced hops ingredients for the food and beverage industry, for the continued development of natural food ingredients.

Key Points: 
  • CALGARY, AB, Feb. 29, 2024 /PRNewswire/ - Willow Biosciences Inc. ("Willow" or the "Company") (TSX: WLLW) (OTCQB: CANSF), a leading biotechnology company focused on revolutionizing industrial manufacturing of pure, consistent, and sustainable functional ingredients, is pleased to announce a second strategic investment (the "Milestone Investment"), by way of non-brokered private placement, from Kalsec® Inc. ("Kalsec"), a leading global producer of natural taste and sensory, food protection, colors and advanced hops ingredients for the food and beverage industry, for the continued development of natural food ingredients.
  • This Milestone Investment is connected to the Kalsec investment announced by the Company on February 20, 2024, pursuant to which Kalsec committed to subscribe for an additional US$100,000.00 on the completion of an operational milestone by Willow to develop a strain that meets certain performance criteria (the "Milestone").
  • Proceeds from the Milestone Investment will be used for the commercialization and development of the Company's pipeline of products, including natural food ingredients, working capital, and general corporate purposes.
  • All securities issued under the Milestone Investment, including securities issuable on exercise thereof, are subject to a hold period in Canada of four months and one day in accordance with applicable securities legislation.

GREENBROOK TMS ANNOUNCES DELISTING FROM NASDAQ

Retrieved on: 
Friday, February 23, 2024

TORONTO, Feb. 23, 2024 /PRNewswire/ - Greenbrook TMS Inc. (NASDAQ: GBNH) ("Greenbrook" or the "Company") today announced receipt of the final delisting notice from the Listing Qualifications Department of the Nasdaq Stock Market LLC ("Nasdaq") due to the continued failure to satisfy either the $1.00 minimum bid price listing requirement in Nasdaq Listing Rule 5550(a)(2) or the minimum stockholders' equity requirements in Nasdaq Listing Rule 5550(b).

Key Points: 
  • TORONTO, Feb. 23, 2024 /PRNewswire/ - Greenbrook TMS Inc. (NASDAQ: GBNH) ("Greenbrook" or the "Company") today announced receipt of the final delisting notice from the Listing Qualifications Department of the Nasdaq Stock Market LLC ("Nasdaq") due to the continued failure to satisfy either the $1.00 minimum bid price listing requirement in Nasdaq Listing Rule 5550(a)(2) or the minimum stockholders' equity requirements in Nasdaq Listing Rule 5550(b).
  • Nasdaq has notified the Company that trading of its common shares (the "Common Shares") will be suspended as of the open of trading on February 26, 2024.
  • After careful consideration, the Company determined that it was in the overall best interests of the Company not to appeal the decision.
  • The Company intends to quote the Common Shares on OTC Markets as soon as practicable following the suspension of its Common Shares on Nasdaq.

MONTAGE GOLD UPSIZES NON-BROKERED FINANCING TO C$35 MILLION

Retrieved on: 
Friday, February 23, 2024

ABIDJAN, Cote d'Ivoire, Feb. 23, 2024 /PRNewswire/ - Montage Gold Corp. ("Montage" or the "Company") (TSXV: MAU) (OTCQX: MAUTF) is pleased to announce that the non-brokered private placement financing announced on February 22, 2024 has been increased to 50,000,000 common shares of the Company (the "Common Shares") at a price of C$0.70 per Common Share for gross proceeds of C$35 million (the "Offering").

Key Points: 
  • ABIDJAN, Cote d'Ivoire, Feb. 23, 2024 /PRNewswire/ - Montage Gold Corp. ("Montage" or the "Company") (TSXV: MAU) (OTCQX: MAUTF) is pleased to announce that the non-brokered private placement financing announced on February 22, 2024 has been increased to 50,000,000 common shares of the Company (the "Common Shares") at a price of C$0.70 per Common Share for gross proceeds of C$35 million (the "Offering").
  • The net proceeds of the Offering will be used for exploration and development expenditures at the Company's Koné Gold Project and for working capital and general corporate purposes.
  • The Common Shares issued pursuant to the Offering are subject to a four-month hold period under applicable Canadian securities laws commencing on the closing date of the Offering.
  • Neither TSX Venture Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.

Mandalay Resources Announces Normal Course Issuer Bid

Retrieved on: 
Friday, February 23, 2024

TORONTO, Feb. 23, 2024 /PRNewswire/ - Mandalay Resources Corporation ("Mandalay" or "the Company") (TSX: MND) (OTCQB: MNDJF) announced today that the Toronto Stock Exchange (the "TSX") has approved its notice of intention to make a normal course issuer bid ("NCIB") for a portion of its common shares ("Common Shares").

Key Points: 
  • TORONTO, Feb. 23, 2024 /PRNewswire/ - Mandalay Resources Corporation ("Mandalay" or "the Company") (TSX: MND) (OTCQB: MNDJF) announced today that the Toronto Stock Exchange (the "TSX") has approved its notice of intention to make a normal course issuer bid ("NCIB") for a portion of its common shares ("Common Shares").
  • Mandalay may begin to purchase Common Shares on or about February 27, 2024.
  • The price that Mandalay will pay for any Common Shares will be the market price of such Common Shares at the time of acquisition.
  • Any Common Shares that are purchased under the NCIB will be cancelled upon their purchase by Mandalay.