Diagnos Closes Rights Offering for Gross Proceeds of $1M

Diagnos Closes Rights Offering for Gross Proceeds of $1M

BROSSARD, QUEBEC–(Sep 13, 2016) – Diagnos Inc. (TSX VENTURE:ADK) (the “Corporation” or “Diagnos”) announces the closing of its previously announced rights offering. Under the rights offering, the Corporation issued 25,005,963 common shares at $0.04 per share for aggregate gross proceeds of $1,000,238.52. Of the 25,005,963 common shares distributed, 5,183,831 were distributed to persons who were insiders of the Corporation before the distribution under the rights offering. Under the rights offering, 10,646,546 common shares were distributed pursuant to the basic subscription privilege, of which 3,055,331 shares were distributed to persons who were insiders before the distribution, and 7,591,215 shares were distributed… Continue Reading

SigmaTron International, Inc. Reports First Quarter Financial Results for Fiscal 2017

ELK GROVE VILLAGE, Ill., Sept. 12, 2016 (GLOBE NEWSWIRE) — SigmaTron International, Inc. (NASDAQ:SGMA), an electronic manufacturing services company, today reported revenues and earnings for the fiscal quarter ended July 31, 2016. Revenues decreased to $58.9 million in the first quarter of fiscal 2017 from $64.2 million for the same quarter in the prior year.  Net income of $146,597 was recorded for the quarter ended July 31, 2016 compared to net income of $658,806 for the same period in the prior year.  Basic and diluted earnings per share for the quarter ended July 31, 2016, were $0.04 and $0.03, respectively,… Continue Reading

Canadian Stock Picks for Monday, September 12, 2016

Canadian Stock Picks for Monday, September 12, 2016

Venture Exchange Stocks with News:   V.TGV Tango Mining Limited: BK11 Diamond Mine, Botswana, Acquisition Not Completed Sep 12, 2016 9:01 AM   V.CMJ Colombian Mines Mercedes Project Returns Highly Favorable Metallurgical Results Sep 12, 2016 9:00 AM   V.RBX Robex Recovers the Kamasso Exploration Permit Sep 12, 2016 8:50 AM   V.AOT Ascot Resources Intersects 76.30 g/t Gold Over 1.00 Metre at Premier Sep 12, 2016 8:38 AM   V.BTL BTL Group Agrees to Partner With Fantasy 6 to Bring Blockchain Technology to Fantasy Sports Industry Sep 12, 2016 8:32 AM   V.REX Orex Continues to Hit Silver on the… Continue Reading

Breaking News: NeuLion, Inc. (TSX: NLN)

Breaking News: NeuLion, Inc. (TSX: NLN)

NeuLion’s MainConcept Business to Accelerate HEVC Encoding by Supporting NVIDIA Quadro GPU for 4K Live Broadcasting Leading Codec Provider MainConcept Implements GPU Accelerated HEVC/H.265 Encoding With NVIDIA Quadro Graphics Cards for an Improved 4K Live Experience PLAINVIEW, NY–(September 11, 2016) – NeuLion, Inc. (TSX: NLN), a leading technology product and service provider specializing in the broadcasting, distribution and monetization of live and on-demand digital video content to Internet-enabled devices, today announced that its broadcast-proven MainConcept® HEVC Encoding SDK will use GPU acceleration features provided by NVIDIA® Quadro® graphics. MainConcept licenses codec technologies to the professional broadcast and OTT market. Software vendors use… Continue Reading

News $SU @SuncorEnergy – Suncor Energy’s Petro-Canada brand renews Paralympic partnership to 2024

News $SU @SuncorEnergy – Suncor Energy’s Petro-Canada brand renews Paralympic partnership to 2024

Suncor Energy’s Petro-Canada brand renews Paralympic partnership to 2024 All financial figures are in Canadian dollars Renewal introduces new Petro-Points(TM) Family & Friends Program   CALGARY, ALBERTA–(Sept. 9, 2016) – In front of a cheering crowd of athletes, coaches, families and friends at Canada Paralympic House in Rio this evening, Suncor, through its Petro-Canada brand, announced continued support for an additional eight years as a premier partner of the Canadian Paralympic Committee. The renewed sponsorship agreement extends Petro-Canada and the Canadian Paralympic Committee’s partnership through to 2024, supporting the Canadian Paralympic Team through upcoming Games including PyeongChang 2018, Tokyo 2020,… Continue Reading

Haivision to Deliver High Performance Video Streaming Solutions to the Chinese and APAC Market through Alibaba Cloud's Platform

MONTREAL, Sept. 10, 2016 (GLOBE NEWSWIRE) — Haivision, a market leader in enterprise video and streaming solutions, announces that the company has partnered with Alibaba Cloud, the cloud computing arm of Alibaba Group, to deliver video streaming and media management solutions to customers. Since debuting in August on Alibaba Cloud’s Global Marketplace and the AliLaunch program for technology partners, Haivision has been working closely with Alibaba Cloud to bring Haivision’s solutions onto the Alibaba Cloud platform and give customers the ability to make their video streaming workflows more efficient, flexible and scalable. “As we continue to expand our presence in… Continue Reading

Haivision and Sales Cube Power First 4K 360-Degree VR Live Stream for Red Hot Chili Peppers' Concert

MONTREAL, Sept. 10, 2016 (GLOBE NEWSWIRE) — Haivision, a market leader in enterprise video and streaming solutions, and Sales Cube, a specialist in professional and innovative video transmission systems for media and broadcast productions, today announced that they powered the first 4K 360-degree VR live stream for Deutsche Telekom’s Street Gigs Red Hot Chili Peppers’ concert. Filmed live on Tuesday this week in Berlin, the virtual reality online streaming experience was fueled by Haivision’s KB 4K HEVC/H.264 encoder – an essential part of the live video workflow – streaming the Nokia OZO Professional Virtual Reality camera feed to more than… Continue Reading

A-Mark Precious Metals Enters Into New Employment Agreement with Thor Gjerdrum

A-Mark Precious Metals Enters Into New Employment Agreement with Thor Gjerdrum

SANTA MONICA, Calif., Sept. 08, 2016 (GLOBE NEWSWIRE) — A-Mark Precious Metals, Inc. (NASDAQ:AMRK), a full-service precious metals trading company and an official distributor for all the major sovereign mints, has entered into a new three-year employment agreement with Thor Gjerdrum. As part of the agreement, Gjerdrum was promoted to the position of president, succeeding David Madge who was appointed to the new position of chief marketing officer. Gjerdrum has served as A-Mark’s EVP and COO since 2013, and as CFO from 2010 to 2013. Previously, Gjerdrum held a range of positions with two publicly traded telecommunications companies, including vice… Continue Reading

DataWind Announces Cease Trade Order

MISSISSAUGA, Ontario, Sept. 08, 2016 (GLOBE NEWSWIRE) — DataWind Inc. (TSX:DW) (“Datawind” or the ”Company”) Datawind announces that on September 7, 2016, the Ontario Securities Commission (“OSC”) issued a Failure-to-File Cease Trade Order (“FFCTO”) against the Company for failure to file its audited financial statements, management’s discussion and analysis, and related CEO and CFO certifications and its annual information form for the year ended March 31, 2016 (the “Annual Disclosure”) and its interim unaudited financial statements, interim management’s discussion and analysis, and related CEO and CFO certifications for the three month period ended June 30, 2016 (together with the Annual… Continue Reading

Xenon Pharmaceuticals Announces Pricing of $30 Million Public Offering of Common Shares

BURNABY, British Columbia, Sept. 08, 2016 (GLOBE NEWSWIRE) — Xenon Pharmaceuticals Inc. (Nasdaq:XENE), a clinical-stage biopharmaceutical company, today announced the pricing of a $30 million underwritten public offering of its common shares pursuant to its existing shelf registration statement and corresponding Canadian base shelf prospectus at a public offering price of $7.50 per share. The offering consists of 3.0 million common shares offered by Xenon and 1.0 million common shares offered by certain of Xenon’s existing securityholders named in the preliminary prospectus supplement for the offering, resulting in aggregate gross proceeds of approximately $22.5 million to Xenon and approximately $7.5 million… Continue Reading

McEwen Mining Appoints New Chief Operating Officer

TORONTO, Sept. 08, 2016 (GLOBE NEWSWIRE) — McEwen Mining Inc. (NYSE:MUX) (TSX:MUX) is pleased to announce the appointment of Xavier Ochoa as Chief Operating Officer (“COO”), effective immediately and the departure of the Company’s current COO, William Faust effective September 30, 2016.  Mr. Ochoa is a seasoned executive, bringing more than 25 years of operational experience to the McEwen team and will be instrumental in the continued growth and development of our projects. Rob McEwen, CEO and Chairman of McEwen Mining stated: “We would like to welcome Xavier to the team; he has an outstanding track record delivering growth and… Continue Reading

Descartes Reports Fiscal 2017 Second Quarter Results

Record Revenues and Cash Provided by Operating Activities WATERLOO, Ontario, Sept. 08, 2016 (GLOBE NEWSWIRE) — The Descartes Systems Group Inc. (TSX:DSG) (Nasdaq:DSGX) announced its financial results for its fiscal 2017 second quarter (Q2FY17) ended July 31, 2016. All financial results referenced are in United States (US) currency and, unless otherwise indicated, are determined in accordance with US Generally Accepted Accounting Principles (GAAP). “This was another quarter of superior financial performance for Descartes, with record revenues and cash provided by our operations,” said Edward J. Ryan, Descartes’ CEO. “We believe that Descartes’ strong and growing margins demonstrate the leverage in… Continue Reading

NioCorp Completes Five Pilot Plant Runs As Part Of Its Elk Creek Project Feasibility Study

CENTENNIAL, Colo., Sept. 07, 2016 (GLOBE NEWSWIRE) — NioCorp Developments Ltd. (“NioCorp” or the “Company”) (TSX:NB) (OTCQX:NIOBF) (FSE:BR3) is pleased to announce the successful conclusion of five metallurgical pilot plant runs that have tested the Company’s Scandium, Niobium, and Titanium production operations under continuous conditions.  These pilot plants were constructed and operated at the SGS facility in Lakefield, Ontario. Two of the pilots involved separate one-week runs of a Scandium Solvent Extraction Circuit, a conventional technology that would be used in the Company’s flagship Elk Creek Project production process to separate and concentrate Scandium.  The first pilot was completed between… Continue Reading

Xenon Pharmaceuticals Announces Proposed Public Offering of Common Shares

BURNABY, British Columbia, Sept. 07, 2016 (GLOBE NEWSWIRE) — Xenon Pharmaceuticals Inc. (Nasdaq:XENE), a clinical-stage biopharmaceutical company, today announced that it has commenced an underwritten public offering of its common shares pursuant to its existing shelf registration statement and corresponding Canadian base shelf prospectus. The common shares in the proposed offering are to be sold by Xenon and certain of Xenon’s existing securityholders to be named in the preliminary prospectus supplement for the offering. It is expected that the underwriters of the offering will be granted an option for a period of 30 days to purchase up to an additional 15%… Continue Reading

Aben Commences Exploration Activity at Forrest Kerr Gold Project in B.C.’s Golden Triangle

VANCOUVER, British Columbia, Sept. 07, 2016 (GLOBE NEWSWIRE) — Aben Resources Ltd. (TSX-V:ABN) (OTCBB:ABNAF) (Frankfurt:E2L2) (“Aben” or the “Company”) is pleased to announce the commencement of exploration activity on Aben’s 100% owned 23,000 hectare Forrest Kerr Property located within B.C.’s Golden Triangle region (see ABN news release July 18th). The Golden Triangle is host to significant mineral deposits including Galore Creek, Copper Canyon, Schaft Creek, Valley of the Kings, Snowfield, KSM, Snip, Granduc, Red-Chris and numerous others. 2016 fieldwork is intended to provide reconnaissance-scale geological exploration throughout the project area (which spans approximately 40km north/south), with particular emphasis on the… Continue Reading