Author: Newsdesk

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NEWS RELEASE IS
INTENDED FOR DISTRIBUTION IN CANADA ONLY AND IS NOT INTENDED FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES
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VANCOUVER, British Columbia, Nov. 18, 2020 (GLOBE NEWSWIRE) — A-LABS CAPITAL I CORP. (the “Corporation”) (TSXV: ALBS.P), a capital pool company, provides an update on its proposed qualifying transaction (the “QT”) with BTC Holdings Pty Ltd. (“BTC”), further to the Company’s news releases issued on February 19, 2020 and August 20, 2020.

Update on
Expected
Completion of Qualifying Transaction

The Corporation and BTC continue to work toward the completion of the QT. The Corporation and BTC have filed a complete submission with the TSX Venture Exchange (the “Exchange”) requesting conditional approval for the QT. Subject to receipt of conditional approval, the Corporation expects to file its filing in connection with the QT on the Corporation’s SEDAR profile (the “Filing Statement”) and proceed toward closing of the QT by December 31, 2020.

As such, the Corporation and BTC have agreed to extend the deadline (as set out in the previously announced Share Purchase Agreement) for completion of the QT from October 31, 2020 until December 31, 2020. The halt in trading of the common shares of the Corporation will remain in place until the completion of the QT. Trading in the Corporation’s common shares may be suspended or delisted at a future date should the parties determine to terminate the QT. It is anticipated that any Exchange approval of the QT will be subject to disinterested shareholder approval with respect to an arranger fee payable to an entity controlled by a current director of the Corporation, as more particularly described in the Filing Statement.

Update on the
Concurrent Financing

BTC has advised that, on October 29, 2020, it successfully completed the minimum offering and closed the first tranche of its non-brokered private placement (the “Concurrent Financing”) of subscription receipts of BTC (“Subscription Receipts”) for an aggregate of 1941 Subscription Receipts (3,373,344 Subscription Receipts on a post-consolidation basis), at a deemed price of CAD$1.00 per Subscription Receipt for gross proceeds in the amount of approximately CAD$3,373,344. BTC will close an additional tranche of the Concurrent Financing prior to closing of the QT which, together with the first tranche, is expected to be CAD$4,000,000, representing the maximum offering amount.

For details regarding the terms of the Concurrent Financing, refer to the news release of the Corporation dated August 20, 2020. The gross proceeds of the Concurrent Financing are held in escrow pending satisfaction of the previously disclosed escrow release conditions.

Change in Proposed
Directors
for
the Board
of
the Resulting Issuer

As previously disclosed, Tony Gu Tao was expected to serve as one of the five proposed directors of the resulting issuer upon closing of the QT (the “Resulting Issuer”). Mr. Tao is no longer able to serve as a director of the Resulting Issuer due to personal reasons, and as such, the proposed directors of the Resulting Issuer are expected to be the remaining slate of four directors, as follows: Messrs. Carosa, Cain, Cohen and Landau.

For information regarding these proposed directors and management of the Resulting Issuer, please refer to the Corporation’s news releases issued on February 19, 2020 and August 20, 2020 and the information to be contained in the Filing Statement when available on SEDAR.

Further Information

Additional information concerning the QT, the Corporation, BTC and the Resulting Issuer is provided in the Corporation’s news releases dated February 19, 2020 and August 20, 2020, as further updated by this new release, and will be provided in the Filing Statement, which will be available under the Corporation’s SEDAR profile at www.sedar.com.

Completion of the QT is subject to a number of conditions, including but not limited to, Exchange acceptance and
,
as
applicable pursuant to Exchange
r
equirements,
majority of the minority
shareholder consent
/
consent from the
non
–
conflicted shareholders to the QT
.
T
he QT cannot close until the required shareholder approval is obtained. There can be no assurance that the QT will be completed as proposed or at all.

Investors are cautioned that, except as disclosed in the management information circular or filing statement to be prepared in connection with the transaction, any information released or received with respect to the
QT
may not be accurate or complete and should not be relied upon. Trading in the securities of a capital pool company should be considered highly speculative.

The
Exchange
has in no way passed upon the merits of the
QT
and has neither approved nor disapproved the contents of this
news
release.

For further information, contact:

Doron Cohen CEO and Director of the Corporation
972 545-224-017
[email protected] 

NEITHER EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

INFORMATION CONCERNING BTC, INCLUDING
THE CLOSING OF THE CONCURRENT FINANCING AND THE
PROPOSED DIRECTORS OF THE RESULTING ISSUER, HAS BEEN PROVIDED TO THE CORPORATION BY BTC FOR INCLUSION IN THIS NEWS RELEASE.

THIS


NEW


S RELEASE, REQUIRED BY APPLICABLE CANADIAN LAWS IS NOT FOR DISTRIBUTION TO U.S. NEWS SERVICES OR FOR DISSEMINATION IN THE UNITED STATES, AND DOES NOT CONSTITUTE AN OFFER TO SELL OR SOLICITATION OF AN OFFER TO SELL ANY OF THE SECURITIES DESCRIBED HEREIN IN THE UNITED STATES, THESE SECURITIES HAVE NOT BEEN, AND WILL NOT BE, REGISTERED UNDER THE UNITED STATES SECURITIES ACT OF 1993, AS AMENDED, OR ANY SECURITIES LAWS, AND MAY NOT BE OFFERED OR SOLD IN THE UNITED STATES OR U.S. PERSONS UNLESS REGISTERED OR EXEMPT THEREFROM.

Caution Regarding Forward-Looking Information

The information in this news release includes certain information and statements about management’s view of future events,
capital raise proceeds,
expectations, plans and prospects that constitute forward looking statements. These statements are based upon assumptions that are subject to significant risks and uncertainties. Forward looking statements in this news release include, but are not limited to, the closing of the QT and related transactions, including
conditional approval from the Exchange with respect to the QT
and the expected timing for such transactions
. Because of these risks and uncertainties and as a result of a variety of factors, including with respect to the closing of the QT and
receipt of conditional approval
,
the closing of any additional Concurrent Financing tranches in excess of the maximum offering,
the timing and receipt of all applicable regulatory, corporate, shareholder and third party approvals and the satisfaction of other conditions to closing the QT, the actual results, expectations, achievements or performance may differ materially from those anticipated and indicated by these forward-looking statements. Although the Corporation believes that the expectations reflected in forward looking statements are reasonable, it can give no assurances that the expectations of any forward-looking statement will prove to be correct. Except as required by law, the Corporation disclaims any intention and assumes no obligation to update or revise any forward looking statements to reflect actual results, whether as a result of new information, future events, changes in assumptions, changes in factors affecting such forward looking statements or otherwise.

Seattle, WA, Nov. 18, 2020 (GLOBE NEWSWIRE) — via NewMediaWire — ReelTime VR/ReelTime Media (OTC:RLTR) CEO Barry Henthorn has provided a letter directed specifically to its current and potential shareholders. The letter can be viewed in its entirety at www.reeltime.com

The letter addresses questions that have been received recently from numerous shareholders regarding ReelTime’s recent announcements and provides specific answers to them so that other shareholders who may have similar questions will be as informed as possible. 

Questions that are addressed include those regarding ReelTime’s recently granted patent, meeting the requirements of the recent NASDAQ application, new productions in progress or negotiations, and continued technology developments. 

Barry Henthorn, CEO, stated: “It is with great pride and anticipation that I am able to address on behalf of ReelTime, those who have the most to gain or lose by our successes or lack thereof, our shareholders. Firstly, I would like to thank all of our current shareholders as well as all who have at one time owned stock in ReelTime throughout its journey and into its future.  Your support and belief in our evolution has been and continues to be instrumental in our ability to accomplish our goals and it is you, our equity partners specifically that I address this letter to.”

In other news:

ReelTime formally submitted an application as a Seasoned Company Seeking to Transfer Equity and/or Debt Securities from Another U.S. Exchange to be listed on the NASDAQ Capital Market Exchange. The application has been logged in the NASDAQ Listing Center, all applicable fees have been paid, and a listing analyst has been assigned to ReelTime to assist throughout the process. In addition, the request for a new symbol (NASDAQ:RT) to be reserved for ReelTime to trade under once the Company has met all quantitative and qualitative criteria, including certain corporate governance requirements has been approved.

ReelTime’s VR capabilities which were showcased in Inc. Magazines’ March 24th issue solves the monetization problem of high production cost in relationship to the size of the potential audience that has thwarted VR content creation. Using ReelTime process and Ubiquiview technology, content can be shot in VR yet made available to major networks and other flat content portals as well. By expanding the number of potential viewers from only those with a VR headset to nearly all widely used formats, traditional monetization via product placement, embedded advertising, pre, and post-roll sponsorships, etc. become possible.

Last month ReelTime VR topped the list published in Virtual Reality Insider of three unknown public companies set to drive the explosion of the AR/VR worlds as access and adoption/adaptation become commonplace. The full article can be seen at www.virtualrealityinsider.com . The article makes special mention of the potentially industry shaping significance of ReelTime’s patent Number 10,761,303 that was just issued by the USPTO on September 1, 2020. The patent covering apparatus and method claims for technology involving simultaneous capturing of 360 X 360 degree Spherical Panorama Images and Video.

Earlier this year ReelTime VR appeared in TIME Magazine where it was singled out as companies “Among those most likely to gain from the growing virtual reality market” and where it cited  ReelTime’s “In Front of View” as “The World’s No. 1, VR Travel Show”.

About ReelTime Rentals, Inc. d/b/a ReelTime Media: www.reeltime.com, is a publicly-traded company based in Seattle, WA (OTCPK:RLTR). ReelTime Media provides end to end production capabilities and discount media purchasing that is redefining how companies are evaluating and purchasing their TV, radio, print, and other new media. ReelTime is also is in the business of developing, producing, and distributing Virtual Reality Content and technologies. We have an end to end production, editing, and distribution capabilities for internal and external projects. ReelTime Currently produces three ongoing series for the Samsung Gear VR platform and distributes them over numerous VR delivery portals including Gear VR, Oculus, Veer VR, HTC Vive, YouTube 360, Facebook, and others. ReelTime Media also publishes the book “It Was Always Me Edward Edwards the most Prolific Serial Killer of all time” which has been the subject of a cover story on People Magazine, Rolling Stone, In Touch, and a six-part series on Paramount network, www.itwasalwaysme.com.

Contact:

Barry Henthorn
[email protected]

LONDON and NEW YORK, Nov. 18, 2020 (GLOBE NEWSWIRE) — Tiziana Life Sciences plc (Nasdaq: TLSA / AIM: TILS) (“Tiziana” or the “Company“), a biotechnology company focused on innovative therapeutics for oncology, inflammation and infectious diseases, today announces that it has been notified that Panetta Partners Limited, an entity in which Gabriele Cerrone, the Executive Chairman has a beneficial interest, purchased 45,000 ordinary shares of 3p each in the market at a price of 84p per share.

The acquisition takes Mr Cerrone’s interests from 34.029% to 34.052% (within the 1% incremental threshold under Note 11 to Rule 9 of the UK Takeover Code).

1.	Details of PDMR / person closely associated
a)	Name	Gabriele Cerrone
2.	Reason for the notification
a)	Position / status	Executive Chairman
b)	Initial notification /amendment	Initial notification
3.	Details of the issuer
a)	Name	Tiziana Life Sciences plc
b)	LEI	213800CED47HI8PIOB36
4.	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type  of transaction; (iii) each date; and (iv) each place where transactions have  been conducted
a)	Description of the financial instrument	Ordinary Shares of 3p each
b)	Identification code of the Financial Instrument	ISIN for Tiziana Life Sciences plc: GB00BKWNZY55
c)	Nature of the transaction	Market Purchase
d)	Price(s) and volume(s)	84p 45,000
f)	Date of the transaction	18 November 2020
g)	Place of the transaction	XLON

About Tiziana Life Sciences

Tiziana Life Sciences plc is a dual listed (NASDAQ: TLSA & UK AIMS: TILS) biotechnology company that focuses on the discovery and development of novel molecules to treat human diseases in oncology, inflammation and infectious diseases. In addition to milciclib, the Company will be shortly initiating phase 2 studies with orally administered foralumab for Crohn’s Disease and nasally administered foralumab for progressive multiple sclerosis. Foralumab is the only fully human anti-CD3 monoclonal antibody (mAb) in clinical development in the world. This phase II compound has potential application in a wide range of autoimmune and inflammatory diseases, such as Crohn’s Disease, multiple sclerosis, type-1 diabetes (T1D), inflammatory bowel disease (IBD), psoriasis and rheumatoid arthritis, where modulation of a T-cell response is desirable. The company is accelerating development of anti-Interleukin 6 receptor (IL6R) mAb, a fully human monoclonal antibody for treatment of IL6-induced inflammation, especially for treatment of COVID-19 patients.

This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014. The person who arranged the release of this information is Keeren Shah, Finance Director of Tiziana.

For further enquiries:

United Kingdom Investors:

Tiziana Life Sciences plc Gabriele Cerrone, Chairman and founder		+44 (0)20 7495 2379
Cairn Financial Advisers LLP (Nominated Adviser) Liam Murray / Jo Turner		+44 (0)20 7213 0880
Optiva Securities Limited (Broker) Robert Emmet		+ 44 (0)20 3981 4173

United States Investors:

Dave Gentry RedChip Companies Inc.

Office 1 800 RED CHIP (733 2447) Cell 407-491-4498 (USA) [email protected]

 

Albuquerque, NM, Nov. 18, 2020 (GLOBE NEWSWIRE) — MarCom Awards is an international creative competition that recognizes outstanding achievement by marketing and communication professionals. There were over 5,000 entries from throughout the United States, Canada, and 28 other countries in the MarCom Awards 2020 competition.

Judges are industry professionals who look for companies and individuals whose talent exceeds a high standard of excellence and whose work serves as a benchmark for the industry. Entries are judged at random and not compared directly to other entries in their categories. All work is evaluated solely on its quality, creativity and resourcefulness. Winners are selected from over 300 categories in Print, Web and Strategic Communications.

US Eagle Federal Credit Union received recognition in the following categories:

 
Platinum:

• Video/Audio | Television (Broadcast & Cable)
• Video/Audio | Video/Film

 Gold:

• Strategic Communications | Marketing/Promotion Campaign
• Strategic Communications | Communications/Public Relations
• Digital Media | Social Media
• Video/Audio | Television (Broadcast & Cable)

MarCom is one of the oldest, largest and most respected creative competitions in the world. Winning a MarCom Award is highly sought-after, peer recognition from the creative industry. Winners range from huge international creative agencies and Fortune 500 companies to individual creative professionals.

About MarCom

MarCom Awards honors excellence in marketing and communication while recognizing the creativity, hard work and generosity of industry professionals.

About US Eagle

US Eagle Federal Credit Union is New Mexico’s longest-standing, member-owned credit union. Founded in 1935, US Eagle has been recognized by Forbes as one of the state’s best credit unions, offering a full suite of financial products and services. With nine locations in Albuquerque, Bernalillo, Farmington, and Santa Fe, nearly 80,000 members and assets of more than one billion, US Eagle is where people mean more.

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Attachment

• MarComm_awards_2

Nadine Buerger
US Eagle FCU
15052275116
[email protected]

• BeyondTrust identified as Top-ranked Vendor in the Strategy category and tied for the highest score in the Market Presence category.
• BeyondTrust Universal Privileged Management strategy acknowledged for its breadth of capabilities and striking the right balance between user experience and security.

ATLANTA, Nov. 18, 2020 (GLOBE NEWSWIRE) — BeyondTrust, the worldwide leader in Privileged Access Management (PAM), today announced it has been named a Leader in The Forrester Wave™: Privileged Identity Management, Q4 2020. According to The Forrester Wave, “BeyondTrust strikes a balance between user experience and security.” The report also noted the BeyondTrust “solution offers a breadth of strong core capabilities along with the advanced insights and reporting of BeyondInsight.”

The Forrester Wave is an evaluation of vendors in the software, hardware, or services markets, driven by the analysis of data collected from the marketplace and the experience of participating analysts. BeyondTrust was among the 10 most significant Privileged Identity Management vendors that Forrester invited to participate in its Q4 2020 Forrester Wave evaluation.

According to the Forrester Wave, “CISOs are burning a lot of calories trying to secure privileged access…our clients tell us that machine identities are growing at twice the rate of human identities. In addition, the mass exodus from offices caused by the pandemic has amped up remote access requirements for privileged users.”

Twenty-four evaluation criteria for the Forrester Wave are grouped into three high-level categories: Current Offering, Strategy, and Market Presence. BeyondTrust received the highest scores possible in 17 criteria, including:

• Credential and Secrets Management
• Session Monitoring and Recording
• Remote Access and Support
• Deployment
• Insights and Reporting

Top
–
Ranked in Strategy
Category

BeyondTrust was top-ranked in the Strategy category. In the Strategy category, BeyondTrust received the highest scores possible in the following criteria:

• Product Vision
• Market Approach
• Execution Roadmap
• Supporting Products and Services
• Commercial Model
• Strategic Partners

“We are proud that Forrester Research recognized BeyondTrust as a leader in The Forrester Wave™ of the top PIM vendors and we are excited to be recognized as the top-ranked vendor in the Strategy category,” said Matt Dircks, CEO, BeyondTrust. “As a customer-centric company, we work hard to provide our customers with an integrated, comprehensive solution, and our Universal Privilege Management model offers the most seamless approach to preventing data breaches related to stolen credentials, misused privileges, and compromised remote access.”

About BeyondTrust
:

BeyondTrust is the worldwide leader in Privileged Access Management (PAM), empowering organizations to secure and manage their entire universe of privileges. Our integrated products and platform offer the industry’s most advanced PAM solution, enabling organizations to quickly shrink their attack surface across traditional, cloud and hybrid environments.

The BeyondTrust Universal Privilege Management approach secures and protects privileges across passwords, endpoints, and access, giving organizations the visibility and control they need to reduce risk, achieve compliance, and boost operational performance. We are trusted by 20,000 customers, including 70 percent of the Fortune 500, and a global partner network. Learn more at www.beyondtrust.com.

Follow BeyondTrust
:

Twitter: http://twitter.com/beyondtrust
Blog: https://www.beyondtrust.com/blog
LinkedIn: http://www.linkedin.com/companies/beyondtrust
Facebook: http://www.facebook.com/beyondtrust

For BeyondTrust:

Mike Bradshaw
Connect Marketing for BeyondTrust
P: (801) 373-7888
E: [email protected]