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Red Cat’s Rotor Riot E-Commerce Store Reports Record Monthly Sales

PR Newswire

ORLANDO, Fla., Dec. 22, 2020 /PRNewswire/ — Red Cat Holdings, Inc. (OTC: RCAT) (“Red Cat” or the “Company”), a leading brand in the drone industry, today announced its Rotor Riot e-commerce store generated record monthly sales in November 2020.   

“We are thrilled with Rotor Riot’s performance,” said Jeff Thompson, CEO of Red Cat.

The Cinewhoop, built and tuned by Rotor Riot, is based on the ShenDrones Squirt, enabling drone operators to experience the HD quality of the DJI system with a professionally built high performance drone.

Rotor Riot’s Cinewhoop model was a key revenue driver for the Company in November, accounting for nearly 30% of sales for the month.

“With DJI added to the Department of Commerce’s list of Chinese companies prohibited from procuring advanced US technology earlier this month, the opportunity in the drone industry has never been better. Rotor Riot’s RTF drones and kits, based on specs from some of the world’s top drone pilots, really set us apart in the market and provide a formidable foundation as we look to capitalize on the opening created by the entity-listing of DJI,” continued Thompson. “Our US based product lines Fat Shark and Rotor Riot  combined with our software platform Dronebox will enable us to serve the United States drone industry, which is the largest drone market worldwide.”

About Red Cat

Red Cat is developing a fully integrated drone supply chain with secure blockchain-based distributed storage, analytics and SaaS solutions for adoption in the drone industry. Red Cat supports education, training and sales of drone products through its Rotor Riot platform and is developing the means to accurately track, report and review flight data that will be useful for insurance and regulatory requirements.  Red Cat’s maintains a commitment to deliver unrivaled innovation to make drones aviators and products accountable and the sky a safer place.  For additional information, visit www.redcatholdings.com and www.rotorriot.com.

Safe Harbor

The information provided in this press release may include forward-looking statements relating to future events or the future financial performance of the Company. Because such statements are subject to risks and uncertainties, actual results may differ materially from those expressed or implied by such forward-looking statements. Words such as “anticipates,” “plans,” “expects,” “intends,” “will,” “potential,” “hope” and similar expressions are intended to identify forward-looking statements.  These forward-looking statements are based upon current expectations of the Company and involve assumptions that may never materialize or may prove to be incorrect. Actual results and the timing of events could differ materially from those anticipated in such forward-looking statements as a result of various risks and uncertainties. Detailed information regarding factors that may cause actual results to differ materially from the results expressed or implied by statements in this press release relating to the Company may be found in the Company’s periodic filings with the Securities and Exchange Commission, including the factors described in the sections entitled “Risk Factors”, copies of which may be obtained from the SEC’s website at www.sec.gov. The parties do not undertake any obligation to update forward-looking statements contained in this press release.

Contact

Chad Kapper

Phone: ‪(818) 906-4701
E-mail: [email protected]
Website: https://rotorriot.com 

Investor Relations Contact

Bruce Haase

RedChip Companies
(407) 712-8965
[email protected]

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/red-cats-rotor-riot-e-commerce-store-reports-record-monthly-sales-301197568.html

SOURCE Red Cat Holdings, Inc.

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Diana Shipping Inc. Announces Extension of Tender Offer for Shares of Common Stock

ATHENS, Greece, Dec. 22, 2020 (GLOBE NEWSWIRE) — Diana Shipping Inc. (NYSE: DSX) (the “Company”), a global shipping company specializing in the ownership of dry bulk vessels, today announced that in light of the declaration of a federal holiday on December 24, 2020, the Company has extended its previously announced cash tender offer to purchase shares of its common stock until the end of the day, 5:00 P.M., Eastern Time, on January 15, 2021, to allow additional time for stockholders to tender their shares. Except as set forth herein, the terms and conditions of the Offer (as defined below) remain the same.

On December 15, 2020, the Company announced the commencement of a tender offer to purchase up to 6,000,000 of its common shares using funds available from cash and cash equivalents at a price of $2.00 per share (the “Offer”). Stockholders who have previously validly tendered and not withdrawn their shares do not need to re-tender their shares or take any other action in response to the extension of the Offer. The terms and conditions of the Offer, prior to the amendment described in this press release, were set forth in the Company’s “Offer to Purchase” and “Letter of Transmittal”, each dated December 15, 2020, and the other related materials that the Company distributed to stockholders, which were filed with the Securities and Exchange Commission (“SEC”) as exhibits to the Company’s Schedule TO on December 15, 2020.

About the Company

Diana Shipping Inc. is a global provider of shipping transportation services through its ownership of dry bulk vessels. The Company’s vessels are employed primarily on medium to long-term time charters and transport a range of dry bulk cargoes, including such commodities as iron ore, coal, grain and other materials along worldwide shipping routes.

Certain Information Regarding the Tender Offer

The information in this press release describing Diana Shipping Inc.’s tender offer is for informational purposes only and does not constitute an offer to buy or the solicitation of an offer to sell shares of Diana Shipping Inc.’s common stock in the tender offer. The Offer is being made only pursuant to the Offer to Purchase and the related materials that Diana Shipping Inc. is distributing to its shareholders, as they may be amended or supplemented. Shareholders should read such Offer to Purchase and related materials carefully and in their entirety because they contain important information, including the various terms and conditions of the Offer. Shareholders of Diana Shipping Inc. may obtain a free copy of the Tender Offer Statement on Schedule TO, the Offer to Purchase and other documents that Diana Shipping Inc. is filing with the Securities and Exchange Commission from the Securities and Exchange Commission’s website at www.sec.gov. Shareholders may also obtain a copy of these documents, without charge, from Georgeson LLC, the information agent for the tender offer, toll free at (800) 248-7690. Shareholders are urged to carefully read all of these materials prior to making any decision with respect to the Offer. Shareholders and investors who have questions or need assistance may call Georgeson LLC, the information agent for the Offer, toll free at (800) 248-7690. Parties outside the U.S. can reach the information agent at +1-781-575-2137.

Cautionary Statement Regarding Forward-Looking Statements

Matters discussed in this press release may constitute forward-looking statements. The Private Securities Litigation Reform Act of 1995 provides safe harbor protections for forward-looking statements in order to encourage companies to provide prospective information about their business. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements, which are other than statements of historical facts.

The Company desires to take advantage of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 and is including this cautionary statement in connection with this safe harbor legislation. The words “believe,” “anticipate,” “intends,” “estimate,” “forecast,” “project,” “plan,” “potential,” “may,” “should,” “expect,” “pending” and similar expressions identify forward-looking statements.

The forward-looking statements in this press release are based upon various assumptions, many of which are based, in turn, upon further assumptions, including without limitation, Company management’s examination of historical operating trends, data contained in the Company’s records and other data available from third parties. Although the Company believes that these assumptions were reasonable when made, because these assumptions are inherently subject to significant uncertainties and contingencies that are difficult or impossible to predict and are beyond the Company’s control, the Company cannot assure you that it will achieve or accomplish these expectations, beliefs or projections.

In addition to these important factors, other important factors that, in the Company’s view, could cause actual results to differ materially from those discussed in the forward-looking statements include the severity, magnitude and duration of the COVID-19 pandemic, including impacts of the pandemic and of businesses’ and governments’ responses to the pandemic on our operations, personnel, and on the demand for seaborne transportation of bulk products; the strength of world economies and currencies, general market conditions, including fluctuations in charter rates and vessel values, changes in demand for dry bulk shipping capacity, changes in the Company’s operating expenses, including bunker prices, drydocking and insurance costs, the market for the Company’s vessels, availability of financing and refinancing, changes in governmental rules and regulations or actions taken by regulatory authorities, potential liability from pending or future litigation, general domestic and international political conditions, potential disruption of shipping routes due to accidents or political events, vessel breakdowns and instances of off-hires and other factors. Please see the Company’s filings with the U.S. Securities and Exchange Commission for a more complete discussion of these and other risks and uncertainties. The Company undertakes no obligation to revise or update any forward-looking statement, or to make any other forward-looking statements, whether as a result of new information, future events or otherwise.



Corporate Contact:
Ioannis Zafirakis
Director, Interim Chief Financial Officer, 
Chief Strategy Officer, Treasurer and Secretary
Telephone: + 30-210-9470-100
Email: [email protected]
Website: www.dianashippinginc.com

Investor and Media Relations:
Edward Nebb
Comm-Counsellors, LLC
Telephone: + 1-203-972-8350
Email: [email protected]

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Tyler Technologies to Provide Case Management Solution to Akron Municipal Court in Ohio

Tyler Technologies to Provide Case Management Solution to Akron Municipal Court in Ohio

Tyler’s Odyssey solution to help bring access to justice for staff and constituents

PLANO, Texas–(BUSINESS WIRE)–Tyler Technologies, Inc. (NYSE: TYL) announced today it has signed an agreement with the Akron Municipal Court in Ohio for Tyler’s Odyssey® court case management suite. The agreement includes Odyssey Case Manager™, Odyssey Financial Manager™, and integrated content management. The Akron Municipal Court will also implement Tyler Supervision™ for the court’s adult probation department.

The court is operating an aging legacy case management system that no longer serves the needs of the court and the justice community. In an effort to make its processes more efficient, eliminate errors, and streamline access to information, the court selected Tyler’s Odyssey solution as its new case management system.

“In line with our mission, replacing our aging case management system will assist in the effective administration of justice,” said Montrella Jackson, court administrator, Akron Municipal Court. “We are excited to implement Tyler’s Odyssey solution, which has a proven track record and will, for the first time, include functionality for all court users and judicial staff. We are confident the new system will save us time, reduce errors, and support evidence-based goals.”

The Akron Municipal Court processes approximately 44,000 cases annually. Tyler’s Odyssey suite will bring a number of new capabilities to the court including enabling court staff to

  • Create documents and statistical reports and download court sessions
  • Track cases from initial filing through disposition
  • Automate the case assignment process
  • Eliminate duplicate data entry and multiple data systems
  • Utilize integrated calendaring and scheduling

“Although the Akron Municipal Court is known for the innovative programming opportunities we offer our community, we have fallen behind in the area of technology; we are operating on a legacy case management system from 1987,” said Nicole Walker, presiding judge, Akron Municipal Court. “A new case management system will improve operational efficiencies and increase access to justice as the software will allow us to conduct business much more efficiently and allow us to collaborate with justice partners by sharing data.”

For the public, the case management solution will provide parties with reminders regarding court dates and due dates for fines and costs, helping to improve transparency. Parties will also be able to make payments online, track cases, and accept electronic tickets from law enforcement. Overall, business will be conducted more quickly as Tyler’s Odyssey solution allows for sentencing modifications and extensions to be granted without having to locate or wait on physical files.

“We’re pleased to support Akron Municipal Court’s vision of a more efficiently run court and their focus on looking for ways to increase transparency and access to justice for its constituents,” said Rusty Smith, president of Tyler’s Courts & Justice Division. “Tyler’s Odyssey solution is comprehensive yet user friendly and will support the court in streamlining its daily operations.”

The Akron Municipal Court marks the fifth Ohio court to choose Odyssey, joining the Cleveland Municipal Court, Franklin County Courts of Common Pleas, Medina County Courts of Common Pleas, and the Ohio Court of Claims.

Akron is located in northeastern Ohio outside of Cleveland. It is the fifth largest city in the state and has a population of nearly 200,000. The Akron Municipal Court serves the cities of Akron and Fairlawn; the townships of Bath, Richfield and Springfield; the villages of Lakemore and Richfield; and part of Mogadore in Summit County.

About Tyler Technologies, Inc.

Tyler Technologies (NYSE: TYL) provides integrated software and technology services to the public sector. Tyler’s end-to-end solutions empower local, state, and federal government entities to operate more efficiently and connect more transparently with their constituents and with each other. By connecting data and processes across disparate systems, Tyler’s solutions are transforming how clients gain actionable insights that solve problems in their communities. Tyler has more than 26,000 successful installations across more than 10,000 sites, with clients in all 50 states, Canada, the Caribbean, Australia, and other international locations. Tyler was named to Forbes’ “Best Midsize Employers” list in 2019 and has been recognized three times on Forbes’ “Most Innovative Growth Companies” list. More information about Tyler Technologies, an S&P 500 company headquartered in Plano, Texas, can be found at tylertech.com.

Jennifer Kepler

Tyler Technologies

972.713.3770

[email protected]

KEYWORDS: Texas Ohio United States North America

INDUSTRY KEYWORDS: Courts Data Management Public Policy/Government State/Local Technology Software

MEDIA:

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Pawar Law Group Announces a Securities Class Action Lawsuit Against Berry Corporation; IMPORTANT DEADLINE – BRY

NEW YORK, Dec. 22, 2020 (GLOBE NEWSWIRE) — Pawar Law Group announces that a class action lawsuit has been filed on behalf of shareholders who purchased shares of Berry Corporation (NASDAQ: BRY) (a) pursuant and/or traceable to the Company’s initial public offering conducted on or about July 26, 2018 (the “IPO” or “Offering”); or (b) between July 26, 2018 and November 3, 2020, both dates inclusive (the “Class Period”). The lawsuit seeks to recover damages for Berry Corporation investors under the federal securities laws.

To join the class action, go here or call Vik Pawar, Esq. toll-free at 888-589-9804 or email [email protected] for information on the class action.

According to the lawsuit,  defendants made false and/or misleading statements and/or failed to disclose that: (1) Berry had materially overstated its operational efficiency and stability; (2) Berry’s operational inefficiency and instability would foreseeably necessitate operational improvements that would disrupt the Company’s productivity and increase costs; (3) the foregoing would foreseeably negatively impact the Company’s revenues; and (4) as a result, the Offering Documents and the Company’s public statements were materially false and/or misleading and failed to state information required to be stated therein.

If you wish to serve as lead plaintiff, you must move the Court no later than January 21, 2021. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

No class has been certified. Until a class is certified, you are not represented by counsel unless you hire one. You may hire counsel of your choice. You may also do nothing at this time and be an absent member of the class. Your ability to share in any future recovery is not dependent upon being a lead plaintiff.

Pawar Law Group represents investors from around the world. Attorney advertising. Prior results do not guarantee or predict a similar outcome with respect to any future matter.
——————————-

Contact:
Vik Pawar, Esq.
Pawar Law Group
20 Vesey Street, Suite 1410
New York, NY 10007
Tel: (917) 261-2277
Fax: (212) 571-0938
[email protected]



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Handover Of Costa Firenze, The Ship Inspired By The Beauty Of The Renaissance

The new ship, scheduled to sail in the Mediterranean in 2021 and then move to the East, represents a step forward towards the restart of the cruise industry

PR Newswire

GENOA and TRIESTE, Italy, Dec. 22, 2020 /PRNewswire/ — Costa Cruises, a part of Carnival Corporation & plc (NYSE/LSE: CCL; NYSE: CUK), officially took delivery of the new Costa Firenze ship from Fincantieri, designed and built in the Marghera shipyard and inspired by the Florentine Renaissance. The event has taken place in full digital mode today.

With 135,500 gross tonnage and a capacity of more than 5,200 guests, the Costa Firenze is part of the development plan that includes seven new ships to be delivered for the Costa Group by 2023, for a total investment of more than €6 billion. Costa Firenze is the fourth of these new ships to be delivered with three more to come.

Of the 14 ships currently operating in the Costa Cruises fleet, 11 were built by Fincantieri, confirming the solid relationship between the two companies, as well as representing a significant contribution to the Italian economy, including guaranteeing work for thousands of employees in the shipyards and external companies, mainly involved in interiors fittings.

“The handover of the new Costa Firenze is a sign of hope and restart for the whole cruise and tourism ecosystems. This ship represents the most tangible evidence of the will of our group to restart. Our hope is that people will soon be able to travel again and that more ships will set sail and contribute to the revitalization of tourism in Italy, Europe and globally,” stated Michael Thamm, group CEO of Costa Group and Carnival Asia. “Looking beyond the pandemic, Costa’s goal is to design the future of sustainable and zero emission cruising and we hope  that our long-lasting partnership with Fincantieri can bring our companies to work together on a roadmap that can lead to this ambitious yet essential objective.”


Giuseppe Bono
, CEO of Fincantieri, said: “Costa Firenze is the third cruise ship we have delivered since September and we are pleased that the name of this unit recalls one of the most famous cities of art in Italy and in the world. The delivery is an important moment because it is the concrete demonstration that the company is getting back to its normal production activity. I would also like to underline that the financial and economic situation of Fincantieri has not changed significantly compared to what we communicated in the previous quarters. The company has proven to be very resilient, avoiding the cancellation of orders and strengthening relations with the customers of the cruise sector. We are a growing company, we gained an international reputation and reliability, making further development easier, and we can count on an order book guaranteeing long-term visibility with opportunities to increase efficiency, productivity and profitability.“

“Costa Firenze is a superb ambassador of Italian style, bringing a distinctive Italian taste for beauty to the seas around the world, from Europe to Asia,” said Mario Zanetti, chief commercial officer of Costa Cruises and president of Costa Group Asia. “The concept of the Costa Firenze is inspired by an iconic city, which represents Italian art, taste and refinement in the world’s collective imagination. We have designed this ship to offer our guests a unique experience, especially for the family target, with a specific offer of entertainment and services.”

Costa Firenze’s interior design is a celebration of the Tuscan city, cradle of Renaissance art and culture. The common spaces reflect the harmony of a stroll through a Florentine street or square, even in the choice of colors. Gastronomic offerings are based on the great Mediterranean cuisine, with a wide choice of dining options guaranteed by 13 bars and seven restaurants. The ship is perfect for families, with specific offers and some new features such as a real “adventure park” on board.

The Costa Firenze project also takes sustainability in special regard. Costa Firenze’s excellent environmental performance has been acknowledged by RINA, an international certification organization, with Green Star 3, a voluntary notation covering all the main aspects of a ship’s environmental impact and requiring maximum protection and prevention across areas such as waste, grey water, black water, machinery oil, CO2, ozone, greenhouse gases, particulate matter, sulphur oxides, nitrogen and ballast water, among others. In addition to honoring compliance with a series of environmental sustainability standards, the certification also recognizes the design solutions and operating procedures that Costa has implemented voluntarily, both during construction and navigation, aimed at outperforming the environmental protection requirements of international regulations.

The ship will first sail in the Mediterranean in 2021, providing two different week-long itineraries in the western Mediterranean. The first itinerary, available from Feb. 28, 2021, includes the Italian destinations of Genoa, La Spezia – with excursions also departing to Florence – and Naples, as well as Valencia, Barcelona and Marseille. The second itinerary, available from May to October 2021, includes Genoa and Civitavecchia, with excursions to Rome, as well as Naples, Ibiza, Barcelona and Marseille. After October 2021, the ship will move to Asia to join her sister ship Costa Venezia, also built by Fincantieri, in the Monfalcone shipyard, and in operation since March 2019.

Costa Group is the leading cruise company in Europe and China, with headquarters in Genoa. The 28 ships of its fleet, belonging to Costa Cruises, AIDA Cruises and Costa Asia brands, have a total capacity of more than 93,000 total passengers. The fleet will grow further with the arrival of three new ships by 2023. The company has over 30,000 employees, working on board the ships and in 20 offices in 14 countries.
The Costa Group is part of Carnival Corporation & plc, which is one of the world’s largest leisure travel companies, with a portfolio of nine of the world’s leading cruise lines.   


Fincantieri

 is one of the world’s largest shipbuilding groups and number one for diversification and innovation. It is leader in cruise ship design and construction and a reference player in all high-tech shipbuilding industry sectors, from naval to offshore vessels, from high-complexity special vessels and ferries to mega yachts, as well as in ship repairs and conversions, production of systems and mechanical and electrical component equipment, cruise ship interiors solutions, electronic systems and software, infrastructures and maritime constructions as well as after-sales services.
With over 230 years of history and more than 7,000 vessels built, Fincantieri has always kept its management offices, as well as all its distinctive engineering and production skills, in Italy. With over 9,500 employees and a supplier network that employs nearly 50,000 people in Italy alone, Fincantieri has enhanced a fragmented production capacity over several shipyards into a strength, acquiring the widest portfolio of clients and products in the cruise business. To hold its own in relation to competition and assert itself at global level, Fincantieri has broadened its product portfolio becoming world leader in the sectors in which it operates.

The Group now has 18 shipyards operating in four continents, nearly 20,000 employees, and is the leading Western shipbuilder; its clients include the world’s biggest cruise operators and the Italian and the US Navy as well as numerous foreign navies. Fincantieri is also a partner of some of the main European defence companies within supranational programs.

Fincantieri’s business is widely diversified by end markets, geographical exposure and by client base, with revenue generated from cruise ship, naval vessel, Offshore and Specialized Vessel construction and from the supply of solutions for electronic systems and software and for maritime infrastructure and works. Compared with less diversified players, such diversification allows it to mitigate the effects of any fluctuations in demand on the end markets served.

www.fincantieri.com

 

Cision View original content:http://www.prnewswire.com/news-releases/handover-of-costa-firenze-the-ship-inspired-by-the-beauty-of-the-renaissance-301197562.html

SOURCE Costa Cruises

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Advent Technologies Inc. and AMCI Acquisition Corp. Announce Committed $65 Million PIPE to Support Proposed Business Combination

Advent Technologies Inc. and AMCI Acquisition Corp. Announce Committed $65 Million PIPE to Support Proposed Business Combination

PIPE Upsized by $20 Million Above Initial Target

Participants Include Certain Funds Managed by Affiliates of BNP Paribas, Among Other Institutional Investors

CAMBRIDGE, Mass.–(BUSINESS WIRE)–
Advent Technologies Inc. (“Advent”),an innovation-driven company in the fuel cell and hydrogen technology space, and AMCI Acquisition Corp. (“AMCI”), a publicly listed special purpose acquisition company (NASDAQ: AMCI), are pleased to announce that institutional investors, including certain funds managed by affiliates of BNP Paribas, have committed to a private investment of $65 million in the form of 6.5 million shares of common stock of the combined company at a price of $10.00 per share (the “PIPE”), which will close concurrently with the previously announced proposed business combination between Advent and AMCI.

The PIPE transaction will provide the combined company with the capital resources to better enable it to accelerate product development and support participation in future joint ventures with Tier1 and OEM manufacturers in the areas of aerospace, automotive, marine, and off-grid power.

On October 13, 2020, Advent and AMCI announced that they had entered into a definitive agreement and plan of merger for a business combination that would result in Advent becoming a wholly-owned subsidiary of AMCI, and with the Advent shareholders receiving shares of AMCI. Upon the closing of the transaction, AMCI will change its name to “Advent Technologies Holdings, Inc.”, and it is expected that its common stock and public warrants will be listed on the NASDAQ. The combined company will continue to operate under the current Advent management team, led by Chief Executive Officer, Dr. Vasilis Gregoriou. The proposed business combination, if approved by the stockholders of AMCI and Advent, is currently expected to close in Q1 2021.

Advent’s CEO and Founder, Dr. Vasilis Gregoriou, said: “We are excited and honored by the vote of confidence from the investors in this PIPE. We look forward to the completion of the business combination and executing on our strategic plan.”

AMCI’s CEO William Hunter added: “We are pleased to have such high-quality partners involved in this financing to support our combination with Advent. This capital, along with the cash in trust, will be utilized to grow Advent’s business and ensure that it will be a leader in the highly attractive hydrogen economy.”

The PIPE investment, combined with expected funds on hand at the closing of the merger, will result in a pro forma post-money equity valuation of $461 million, assuming no redemptions by AMCI shareholders and no purchase price adjustments.

Jefferies LLC is acting as Lead Placement Agent and Fearnley Securities, Inc. is also acting as Placement Agent for the PIPE transaction.

About Advent Technologies

Advent Technologies is an innovation-driven company in the fuel cell and hydrogen technology space. Our vision is to accelerate electrification through advanced materials, components, and next-generation fuel cell technology. Our technology applies to electrification (fuel cells) and energy storage (flow batteries, hydrogen production) markets, which we commercialize through partnerships with Tier1s, OEMs, and System Integrators. For more information on Advent Technologies, please visit the company’s website at https://www.advent.energy/

About AMCI Acquisition Corp.

AMCI Acquisition Corp. (NASDAQ: AMCI) is a blank check company incorporated for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses that are critical to the growing urbanization, electrification, and infrastructure needs of the world. AMCI consummated its initial public offering on NASDAQ in November 2018.

Additional Information

In connection with the proposed business combination transaction between AMCI and Advent (the “Transaction”) in accordance with the agreement and plan of merger between AMCI and Advent and the other parties thereto (as amended, the “Merger Agreement”), AMCI has filed with the Securities and Exchange Commission (“SEC”) a registration statement on Form S-4 (SEC File No. 333-250946) (as it may be amended, the “Registration Statement”), to register the shares to be issued to Advent shareholders in the Transaction and which also includes a preliminary proxy statement for a meeting of AMCI shareholders to approve the Transaction and related matters, and will mail the Registration Statement and definitive proxy statement and other relevant documents to Advent’s and AMCI’s stockholders. Security holders of AMCI and investors and other interested parties are advised to read the preliminary proxy statement, and amendments thereto, and, when available, the definitive proxy statement in connection with AMCI’s solicitation of proxies for its special meeting of stockholders to be held to approve the Transaction and related matters, because the proxy statement will contain important information about the Transaction and the parties to the Transaction. The definitive proxy statement will be mailed to stockholders of AMCI as of a record date to be established for voting on the Transaction. Stockholders and other interested parties will also be able to obtain copies of the final Registration Statement and definitive proxy statement, without charge, once available, at the SEC’s website at www.sec.gov or by directing a request to: AMCI Acquisition Corp., 1501 Ligonier Street, Suite 370, Latrobe, PA 15650.

Forward-Looking Statements

Certain statements made herein contain, and certain oral statements made by representatives of AMCI and Advent and their respective affiliates, from time to time may contain, “forward-looking statements” within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. AMCI’s and Advent’s actual results may differ from their expectations, estimates and projections and consequently, you should not rely on these forward-looking statements as predictions of future events. Words such as “expect,” “estimate,” “project,” “budget,” “forecast,” “anticipate,” “intend,” “plan,” “may,” “will,” “could,” “should,” “believes,” “predicts,” “potential,” “might” and “continues,” and similar expressions that predict or indicate future events or trends or that are not statements of historical matters are intended to identify such forward-looking statements. These forward-looking statements reflect the current analysis of existing information and are subject to various risks and uncertainties. As a result, caution must be exercised in relying on forward-looking statements. Due to known and unknown risks, actual results may differ materially from AMCI’s or Advent’s expectations or projections. The following factors, among others, could cause actual results to differ materially from those described in these forward-looking statements: (i) the occurrence of any event, change or other circumstances that could give rise to the termination of the Merger Agreement or the subscription agreements for the PIPE; (ii) the ability of AMCI to meet Nasdaq listing standards following the Transaction and in connection with the consummation thereof; (iii) the inability to complete the Transaction or the PIPE due to the failure to obtain approval of the stockholders of AMCI or Advent or other reasons; (iv) the failure to meet the minimum cash requirements of the Merger Agreement due to AMCI stockholder redemptions and the failure to consummate the PIPE or other replacement financing; (v) the failure to meet projected development and production targets; (vi) costs related to the proposed Transaction and PIPE; (vii) changes in applicable laws or regulations; (viii) the ability of the combined company to meet its financial and strategic goals, due to, among other things, competition, the ability of the combined company to pursue a growth strategy and manage growth profitability; (ix) the possibility that the combined company may be adversely affected by other economic, business, and/or competitive factors; (x) the effect of the COVID-19 pandemic on AMCI and Advent and their ability to consummate the Transaction and the PIPE; and (xi) other risks and uncertainties described herein, as well as those risks and uncertainties discussed from time to time in other reports and other public filings with the SEC by AMCI. Additional information concerning these and other factors that may impact AMCI’s expectations and projections can be found in AMCI’s periodic filings with the SEC, including its Annual Report on Form 10-K for the fiscal year ended December 31, 2019, and in the Registration Statement. Each of AMCI and Advent disclaims any obligation to update the forward-looking statements, whether as a result of new information, future events or otherwise.

Participants in the Solicitation

AMCI and Advent and certain of their respective directors, executive officers, other members of management and employees, under SEC rules, may be deemed to be participants in the solicitation of proxies from AMCI’s and Advent’s stockholders in connection with the approval of the Transaction and related matters. The interests of AMCI’s and Advent’s participants in the solicitation may, in some cases, be different than those of AMCI’s and Advent’s securityholders generally. Stockholders of AMCI and Advent and other interested persons may obtain more information regarding the names, affiliations and interests in the proposed Transaction of AMCI’s directors and officers in AMCI’s filings with the SEC, including, without limitation, registration statement and proxy statement of AMCI referred to above (which will also include similar information regarding Advent’s directors and officers), and other documents filed by AMCI with the SEC. These documents can be obtained free of charge from the sources indicated above.

No Offer or Solicitation

This announcement shall not constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of securities in any states or jurisdictions in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. No offering of securities shall be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act of 1933, as amended, or an exemption therefrom.

Media:

Sloane & Company

Joe Germani / Alex Kovtun

[email protected] / [email protected]

 

KEYWORDS: Massachusetts United States North America

INDUSTRY KEYWORDS: Energy Professional Services Other Energy Finance

MEDIA:

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Draganfly Selected to Immediately Develop Vaccine Drone Delivery Payload System

Coldchain Technology Services, a Leading Vaccine Supply Chain Management Company to the US Government Selects Draganfly to Provide Vaccine Payload System and Flight Services for COVID-19 Vaccine

Los Angeles, CA., Dec. 22, 2020 (GLOBE NEWSWIRE) — Draganfly Inc. (OTCQB: DFLYF) (CSE: DFLY) (FSE: 3U8) (“Draganfly” or the “Company”), an award-winning, industry-leading manufacturer and systems developer, is pleased to announce that the Company has been selected by Coldchain Technology Services, LLC (“Coldchain Technology”) to immediately develop and provide flight services of a robust vaccine delivery payload for use in critical regions for drone delivery of the COVID-19 vaccine.

Coldchain Technology provides comprehensive solutions for healthcare supply chain management for multiple government and commercial clients, including the US Army, the Centers for Disease Control and Prevention, Reserve Component forces, Johnson & Johnson brands, Chicago Department of Public Health, and others and has been leading the deployment of COVID-19 vaccines throughout the United States.

The payload to be developed by Draganfly is a sustainable thermal management system with capability to carry a minimum of 300 multi-doses or 100 single doses. It is being designed as part of a comprehensive delivery and logistics platform of which Draganfly will operate.

“It is very exciting that COVID-19 vaccinations are starting to be distributed. Draganfly will help us solve the problem which is the timely and precise distribution of the vaccine in hard-to-reach areas.” said Wayne Williams, Founder and Executive Director of Coldchain Technology.

“Since the beginning of the COVID-19 pandemic, Draganfly has been committed to providing solutions to help prevent the spread of the virus, including our Vital Intelligence systems that can measure vital signs from a camera including your smartphone.” said Cameron Chell, CEO of Draganfly. “We are eager to develop this payload and service as we can leverage our extensive patent portfolio as well as secure auto-pilot and flight management system to help with the distribution of the vaccine for Covid-19 and beyond.”

About Coldchain Technology

Coldchain Technology is the leader in time and temperature sensitive medical material management integrating proven systems with the documentation fundamental to accreditation and effective Quality Control Systems. Coldchain Technology’s remote monitoring system, pre-qualified thermal shippers, inventory control, fulfillment, and QAQC solutions ensure the Integrity and Security of its client’s product. www.coldchain-tech.com.

About Draganfly

Draganfly Inc. (CSE: DFLY; OTCQB: DFLYF; FSE: 3U8) is the creator of quality, cutting-edge and software and systems that revolutionize the way organizations can do business and service their stakeholders. Recognized as being at the forefront of technology for over 22 years, Draganfly is an award-winning, industry-leading manufacturer and technology developer serving the public safety, agriculture, industrial inspections, security, and mapping and surveying markets. Draganfly is a company driven by passion, ingenuity, and the need to provide efficient solutions and first-class services to its customers around the world with the goal of saving time, money, and lives.

For more information on Draganfly, please visit us at www.draganfly.com.
For additional investor information, visit https://www.thecse.com/en/listings/technology/draganfly-inc, https://www.otcmarkets.com/stock/DFLYF/overview or https://www.boerse-frankfurt.de/aktie/draganfly-inc.

Media Contact
Arian Hopkins
email: [email protected]

Company Contact
Email: [email protected]

Forward-Looking Statements

This release contains certain “forward looking statements” and certain “forward-looking ‎‎‎‎information” as defined under applicable Canadian securities laws. Forward-looking statements ‎‎‎‎and information can generally be identified by the use of forward-looking terminology such as ‎‎‎‎‎“may”, “will”, “expect”, “intend”, “estimate”, “anticipate”, “believe”, “continue”, “plans” or similar ‎‎‎‎terminology. Forward-looking statements and information are based on forecasts of future ‎‎‎‎results, estimates of amounts not yet determinable and assumptions that, while believed by ‎‎‎‎management to be reasonable, are inherently subject to significant business, economic and ‎‎‎‎competitive uncertainties and contingencies. Forward-looking statements include, but are not ‎‎‎‎limited to, statements with respect to the successful development of the vaccine drone delivery payload system. Forward-‎‎‎‎looking statements and information are subject to various known and unknown risks and ‎‎‎‎uncertainties, many of which are beyond the ability of the Company to control or predict, that ‎‎‎‎may cause the Company’s actual results, performance or achievements to be materially different ‎‎‎‎from those expressed or implied thereby, and are developed based on assumptions about such ‎‎‎‎risks, uncertainties and other factors set out here in, including but not limited to: the potential ‎‎‎‎impact of epidemics, pandemics or other public health crises, including the current outbreak of ‎‎‎‎the novel coronavirus known as COVID-19 on the Company’s business, operations and financial ‎‎‎‎condition, the successful integration of technology, the inherent risks involved in the general ‎‎‎‎securities markets; uncertainties relating to the availability and costs of financing needed in the ‎‎‎‎future; the inherent uncertainty of cost estimates and the potential for unexpected costs and ‎‎‎‎expenses, currency fluctuations; regulatory restrictions, liability, competition, loss of key ‎‎‎‎employees and other related risks and uncertainties disclosed under the heading “Risk Factors“ ‎‎‎‎in the Company’s most recent filings filed with securities regulators in Canada on the SEDAR ‎‎‎‎website at www.sedar.com. The Company undertakes no obligation to update forward-looking ‎‎‎‎information except as required by applicable law. Such forward-looking information represents ‎‎‎‎managements’ best judgment based on information currently available. No forward-looking ‎‎‎‎statement can be guaranteed and actual future results may vary materially. Accordingly, readers ‎‎‎‎are advised not to place undue reliance on forward-looking statements or information.‎



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Blink Charging Signs Exclusive Long-Term Agreement with Lehigh Valley Health Network to Own and Operate EV Chargers across their Portfolio of Health Care Locations

– Initial deployment of 219 chargers will be located at 35 Pennsylvania locations

Miami Beach, FL, Dec. 22, 2020 (GLOBE NEWSWIRE) — Blink Charging Co. (Nasdaq: BLNK, BLNKW) (“Blink” or the “Company”), a leading owner, operator and provider of electric vehicle (EV) charging equipment and services, announced today that it has signed an exclusive seven-year agreement with Lehigh Valley Health Network (LVHN) for Blink to own and operate charging stations across the health network’s extensive portfolio of locations. The agreement allows Blink to deploy EV chargers across LVHN’s hundreds of health care facilities, including hospitals, health centers, physician practices, rehabilitation locations, ExpressCARE sites and other outpatient care locations. Under this agreement, Blink will own and operate the charging stations.

“As evidenced by the exclusive and long-term nature of this agreement 7-years with two 7-year extensions, LVHN is committing to making EV charging stations available to the medical staff, patients and visitors of Lehigh Valley Health Network. They serve as a model both in their local communities and the health care industry, and they should be commended for providing the infrastructure required to make widespread EV adoption a reality,” said Blink Charging Chief Operating Officer Brendan Jones.

“At LVHN, we care deeply about our community’s environmental future and are committed to the use of clean energy and transportation,” said LVHN President and CEO Brian Nester, DO, MBA, FACOEP. “Electric vehicles have many benefits, including reducing carbon dioxide pollution and improving the health of communities. That’s why we are excited to make EV fast-charging stations readily available to Lehigh Valley residents. We believe this effort will help pave the way for more widespread adoption of electric vehicle use in the future.”

“As the EV boom continues, Blink is leveraging our relationships, such as this one with Lehigh Valley Health Network, to identify host locations that recognize the need for EV charging infrastructure as consumer demand increases. We appreciate these long-term, exclusive contracts as they allow us and the host location to add charging stations as warranted by demand,” said Jones.

The deployments began with the first Level 2 fast-charging stations at Lehigh Valley Hospital (LVH)-Cedar Crest in Allentown, Pennsylvania. Six additional chargers are scheduled to be deployed in 2020 at LVH-Muhlenberg, and six at its soon-to-open LVH-Hecktown Oaks campus in early 2021. The remainder of the initial 219 chargers will be deployed in 2021.

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ABOUT BLINK CHARGING

Blink Charging Co. (Nasdaq: BLNK, BLNKW) is a leader in electric vehicle (EV) charging equipment and has deployed over 23,000 charging stations, many of which are networked EV charging stations, enabling EV drivers to easily charge at any of the Company’s charging locations worldwide. Blink Charging’s principal line of products and services include its Blink EV charging network (“Blink Network”), EV charging equipment, and EV charging services. The Blink Network uses proprietary, cloud-based software that operates, maintains, and tracks the EV charging stations connected to the network and the associated charging data. With global EV purchases forecasted to rise to 10 million by 2025 from approximately 2 million in 2019, the Company has established key strategic partnerships for rolling out adoption across numerous location types, including parking facilities, multifamily residences and condos, workplace locations, health care/medical facilities, schools and universities, airports, auto dealers, hotels, mixed-use municipal locations, parks and recreation areas, religious institutions, restaurants, retailers, stadiums, supermarkets, and transportation hubs. For more information, please visit https://www.blinkcharging.com/.

About Lehigh Valley Health Network


LVHN 
includes eight hospital campuses, three in Allentown, one in Bethlehem, one in East Stroudsburg, one in Hazleton and two in Pottsville, Pa.; Coordinated Health, which includes two hospital campuses, nearly two dozen multispecialty locations including ambulatory surgery centers and orthopedic injury centers in northeastern Pennsylvania and western New Jersey; 26 health centers; numerous primary and specialty care physician practices; 20 ExpressCARE locations including the area’s only Children’s ExpressCARE; pharmacy, imaging, home health, rehabilitation and lab services; and preferred provider services through Valley Preferred. Specialty care includes: trauma care for adults and children, burn care at the Regional Burn Center; kidney and pancreas transplants; perinatal/neonatal, cardiac, cancer, orthopedics, neurology, complex neurosurgery capabilities including national certification as a Comprehensive Stroke Center, and robotic surgery in 10 specialties. Lehigh Valley Cancer Institute, Lehigh Valley Heart Institute and Lehigh Valley Institute for Surgical Excellence physicians provide the most advanced treatments. Lehigh Valley Cancer Institute is a member of the Memorial Sloan Kettering (MSK) Cancer Alliance, an initiative that helps community providers improve the quality of cancer care and offers access to MSK clinical trials. Lehigh Valley Reilly Children’s Hospital, the community’s only children’s hospital, provides care in more than 30 specialties and general pediatrics. Lehigh Valley Hospital–Cedar Crest is ranked as the region’s No.1 hospital for seven straight years and has been recognized among Pennsylvania’s top six hospitals for seven consecutive years by U.S. News & World Report. Lehigh Valley Hospital (LVH)–Cedar Crest, LVH–17th Street and LVH–Muhlenberg are the region’s only Magnet® hospitals for nursing excellence. Additional information is available by visiting LVHN.org or following us on Facebook , Twitter, LinkedIn and Instagram.

Forward-Looking Statements

This press release contains forward-looking statements as defined within Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements, along with terms such as “anticipate,” “expect,” “intend,” “may,” “will,” “should,” and other comparable terms, involve risks and uncertainties because they relate to events and depend on circumstances that will occur in the future. Those statements include statements regarding the intent, belief, or current expectations of Blink Charging and members of its management, as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, including those described in Blink Charging’s periodic reports filed with the SEC, and that actual results may differ materially from those contemplated by such forward-looking statements. Except as required by federal securities law, Blink Charging undertakes no obligation to update or revise forward-looking statements to reflect changed conditions.

Blink Media Contact 

[email protected]

Blink Investor Relations Contact 

[email protected]

855-313-8187

LVNH Contact

Brian Downs
Public Information Officer
[email protected]
484-884-0819



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St. James Gold Corp. Announces the Appointment of a Qualified Person, Stewart A. Jackson, PhD., to the Role of Senior Technical Advisor

PR Newswire

VANCOUVER, BC, Dec. 22, 2020 /PRNewswire/ — St. James Gold Corp (TSX-V: LORD) (OTC: LRDJF) (the “Company”) is pleased to announce the appointment of Dr. Stewart A. Jackson, P. Geo., as its Qualified Person within the meaning of National Instrument 43-101 – Standards of Disclosure for Mineral Projects (“NI 43-101”) effective December 21, 2020.  In this capacity, as Senior Technical Advisor, he will provide technical expertise on corporate matters, guide the Company’s gold exploration properties in Newfoundland, and initiate and identify additional potential acquisition targets in North America.

Over a career spanning several decades, Stewart Jackson, Ph D. was involved in the discovery and development of several major resource discoveries including the multi-billion dollar Red Dog zinc-lead deposits in Northwestern Alaska, currently operated by Teck; the Viken deposit in Sweden containing over 1 billion pounds of U3O8 and a multi-billion pound resource of molybdenum, vanadium, and nickel and zinc; and the Turnagain nickel-cobalt-platinum deposit at Dease Lake, British Columba, from prospect to that of a large nickel resource, currently held by Giga Metals.

Dr. Jackson was also the exploration manager for Houston Oil and Minerals during the discovery and development of the Borealis, South McCoy and Manhattan gold deposits in Nevada, USA, founded Crown Resource Corporation in 1981, and discovered several million ounces of gold in the Republic District of Washington, USA, at the Buckhorn Mine, Seattle Mine, South Penn, Key East, Key West, Overlook, Lamefoot, Kettle River, and K2 mines, all produced by Kinross Gold. As an executive, Dr. Jackson has also raised $200 million for the discovery and development of these and other gold, silver, diamonds, base metals, nickel and uranium projects.

As stated by George Drazenovic, CEO of St. James Gold Corp., “Dr. Jackson has deep experience in identifying and developing regional gold exploration opportunities throughout North America, including, among others, the Tintina Belt in the Yukon, the Carlin Trend in Nevada and Red Lake in Ontario. Dr. Jackson also brings senior leadership and corporate expertise at the CEO and Director level presiding over multiple mineral discoveries and evaluations, including Northwestern Alaska, the Yukon and Northern British Columbia.  With his exceptional record of exploration and development for base and precious metal mineral deposits in a variety of environments, we are excited to have him be part of our team as we expand our activities in one of North America’s fastest growing gold exploration regions, Newfoundland, and beyond.”

Dr. Jackson is a Professional Geologist in the Province of Ontario, Canada. He holds a B.Sc, in Geology from the University of Western Ontario, an M.Sc. in Stratigraphy and Mineral Deposits from the University of Toronto, and a Ph.D in Stratigraphy and Economic Geology from the University of Alberta. He is a member of several scientific and professional organizations and has authored several geological papers.

About St. James Gold Corp.

St. James Gold Corp. is a mineral exploration company focused on the acquisition, exploration and development of precious metal projects in North America. The Company is actively looking to acquire valuable and high quality projects. St. James Gold Corp.’s value add strategy is to acquire prospective exploration projects, integrate all available geological, geochemical and geophysical datasets with underlying geological theories, and fully fund and enhance the efficiency of its exploration programs. The Company is based in Vancouver, British Columbia, and is listed on the TSX Venture under the symbol “LORD” and in the U.S. Otcmarkets under “LRDJF”.

Forward-Looking Statements

Information set forth in this news release contains forward-looking statements that are based on assumptions as of the date of this news release. These statements reflect management’s current estimates, beliefs, intentions and expectations. They are not guarantees of future performance. The Company cautions that all forward looking statements are inherently uncertain and that actual performance may be affected by a number of material factors, many of which are beyond the Company’s control in particular, the fact that the Company is reviewing potential mineral property acquisitions is not an assurance that a suitable acquisition will be found.  Even if the Company is successful in making an acquisition, it may require additional financing to carry out exploration and development objectives on the property.  Such other factors include, obtaining the necessary permits to carry out its activities and the need to comply with environmental and governmental regulations. Accordingly, actual and future events, conditions and results may differ materially from the estimates, beliefs, intentions and expectations expressed or implied in the forward-looking information. Except as required under applicable securities legislation, the Company undertakes no obligation to publicly update or revise forward-looking information.

George Drazenovic, CEO
St. James Gold Corp.

For further information, please contact:
George Drazenovic
Chief Executive Officer
Tel: 800-278-2152
Email: [email protected]

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SOURCE St. James Gold Corp.

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MJardin Announces First Shipment of Recreational Cannabis from Brampton Facility to the Ontario Cannabis Store

Major milestone for MJardin as facilities ramp up domestic output through end of 2020 and into early 2021

TORONTO, Dec. 22, 2020 (GLOBE NEWSWIRE) — MJardin Group, Inc. (CSE: MJAR) (OTCQX: MJARF) (the “Company” or “MJardin”), a leader in premium cannabis production, today announced that its partner Robes Inc. BLLRDR, brand has shipped its first cannabis dried flower products. Shipments will initially be to the Ontario Cannabis Store (“OCS”), with shipments to other provinces planned to begin shortly.

MJardin expects the first shipment to be available for purchase before December 31, 2020. The initial shipment includes 6.3kg of BLLRDR Afghani Bullrider and 9.5kg of Wedding Cake, which will be available in 3.5 gram jars. A subsequent order of 7.7kg and 8.2kg of the BLLRDR Afghani Bullrider and Wedding Cake, respectively, is scheduled for January 4, 2021. Robes’ BLLRDR has been able to build a great following across Canada, with their highly acclaimed Afghani Bullrider strain garnering strong media, retailer and customer attention. The products will be priced competitively in the premium segment of the Ontario market and MJardin expects significant demand for this high quality dried cannabis product.

MJardin is a proud cultivation partner with Robes Inc., whose BLLRDR brand is a collaboration that includes Grammy award-winning producer Noah ‘40’ Shebib and legendary grower of the Afghani Bullrider strain, Jef Tek. MJardin develops the genetics and manages the cultivation operations for the brand.

“This is a significant milestone for MJardin as we ramp up our capacity to serve Canadian markets and generate revenue from our brands and partnerships through the end of 2020, and vigorously into 2021,” said MJardin CEO Pat Witcher. “We are strong in our belief that our new state-of-the-art cultivation and processing facilities are important differentiators, which will enable us to increase margins and reduce costs in this growing market.”

“At MJardin, quality cannabis is at the core of what we do which is why this partnership is such a good fit for us,” said Eric Gattoni, SVP Business Development. “These are exciting times at MJardin. We are extremely happy for our partners at Robes and are very proud to use the cultivation methods we have developed over the last decade to support them in achieving this goal. This launch, with the upcoming launch of our very own Flint & Embers retail brand, has given us a lot to be excited about.”

MJardin announces a re-structure of the Omnibus Long-Term Equity Program to align with our leadership framework and operational goals.

On November 5, 2020, the Company announced that certain officers, directors, employees and consultants (the “Option Holders”) agreed to cancel an aggregate of 1,646,800 stock options that were outstanding prior to August 5, 2020. The stock options were voluntarily surrendered by the Option Holders for no consideration. On September 30, 2020, the MJardin board of directors reissued the options (the “Reissued Options”) in accordance with applicable regulatory requirements, the grant agreements between the Company and the Option Holders and the terms and conditions of the Company’s equity incentive plan. The strike price of the Reissued Options is the 5-day weighted average price of the Company’s common shares calculated from the date of issuance.

In addition to the Reissued Options, on September 30, 2020, the Company issued an aggregate of 4,069,965 new stock options (the “New Options”) to certain officers, directors, employees and consultants of the Company and converted an aggregate of 902,860 restricted share units (the “RSUs”), which were outstanding prior to August 5, 2020 and held by certain officers, directors, employees and consultants of the Company, into stock options (the “Converted Options”). The New Options and Converted Options were issued or converted, as applicable, in accordance with applicable regulatory requirements, the grant agreements between the Company and the holders of the RSUs and the terms and conditions of the Company’s equity incentive plan. The strike price of the New Options and the Converted Options is the 5-day weighted average price of the Company’s common shares calculated from the date of issuance.

The issuance of the Reissued Options, the New Options and the Converted Options will affect all option grants to the Company’s CEO, CFO and certain grants to other members of the executive management team.

About MJardin

MJardin’s mission is to set the standard for successful ownership of assets in the cannabis industry. Our founders spent a decade refining cultivation methodology, collecting and implementing data driven standards and designing state of the art facilities. Today, MJardin owns multiple operations in Canada, supplying the market with premium products. We are committed to our Canadian First Nation joint ventures and all our strategic partnerships across the cannabis supply chain. MJardin is publicly listed on the CSE (MJAR) and the QXOTC (MJARF) and headquartered in Toronto, Ontario and Denver, Colorado.

The CSE has not in any way passed upon the merits of and has neither approved nor disapproved the contents of this news release.

This news release does not constitute an offer to sell or a solicitation of an offer to sell any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”) or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

Forward-Looking Information

This press release contains “forward-looking information” within the meaning of applicable Canadian securities legislation and may also contain statements that may constitute “forward-looking statements” within the meaning of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995. Such forward-looking information and forward-looking statements are not representative of historical facts or information or current condition, but instead represent only the Company’s beliefs regarding future events, plans or objectives, many of which, by their nature, are inherently uncertain and outside of the Company’s control. Generally, such forward-looking information or forward-looking statements can be identified by the use of forward-looking terminology such as, ‘may’, ‘will’, ‘should’, ‘could’, ‘would’, ‘expects’, ‘intends’, ‘plans’, ‘anticipates’, ‘believes’, ‘estimates’, ‘projects’, ‘predicts’, ‘potential’, ‘outlook’ or ‘continue’ or the negative of those forms or other comparable terms. Statements about, among other things, future developments in the business and operations of MJardin, contain forward-looking information. These statements should not be read as guarantees of future performance or results. The Company’s forward-looking information and forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the Company’s actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by such forward-looking information and forward-looking statements, including but not limited to: our ability to identify and pursue growth, financing and other strategic objectives, and the regulatory and economic environments in the jurisdictions we operate or intend to operate or invest in. Reference should also be made to the risks and uncertainties which are discussed in greater detail in the “Risk Factors” section of the Company’s Annual Management’s Discussion and Analysis filed on SEDAR and as described from time to time in documents filed by the Company with Canadian securities regulatory authorities. Readers are cautioned that the foregoing list of factors is not exhaustive. Although such statements are based on management’s reasonable assumptions at the date such statements are made, there can be no assurance that any proposed transactions will occur or that such forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such forward-looking information and forward-looking statements. Accordingly, readers should not place undue reliance on the forward-looking information and forward-looking statements. No assurances are given as to the future trading price or trading volumes of MJardin’s shares, nor as to the Company’s financial performance in future financial periods. The Company does not intend to update any of these factors or to publicly announce the result of any revisions to any of the Company’s forward-looking information and forward-looking statements contained herein, whether as a result of new information, any future event or otherwise. Except as otherwise indicated, this press release speaks as of the date hereof. The distribution of this press release does not imply that there has been no change in the affairs of the Company after the date hereof or create any duty or commitment to update or supplement any information provided in this press release or otherwise. MJardin assumes no responsibility to update or revise forward-looking information and forward-looking statements to reflect new events or circumstances unless required by applicable law.

Caution Regarding Cannabis Operations in the United States

Investors should note that there are significant legal restrictions and regulations that govern the cannabis industry in the United States. Cannabis remains a Schedule I drug under the US Controlled Substances Act, making it illegal under federal law in the United States to, among other things, cultivate, distribute or possess cannabis in the United States. Financial transactions involving proceeds generated by, or intended to promote, cannabis-related business activities in the United States may form the basis for prosecution under applicable US federal money laundering legislation.

While the approach to enforcement of such laws by the federal government in the United States has trended toward non-enforcement against individuals and businesses that comply with medical or adult-use cannabis programs in states where such programs are legal, strict compliance with state laws with respect to cannabis will neither absolve the Company of liability under US federal law, nor will it provide a defense to any federal proceeding which may be brought against the Company. The enforcement of federal laws in the United States is a significant risk to the business of the Company and any proceedings brought against the Company thereunder may adversely affect the Company’s operations and financial performance.

Investor Contact

Ali Mahdavi
Director of Capital Markets & Investor Relations
MJardin Group
[email protected]   
+1.416.962.3300

Pat Witcher
Chief Executive Officer
MJardin Group
[email protected]
+1.720.613.4019

Media Contact

Terra Kimery
Director of Marketing & Brand
MJardin Group
[email protected]