Market Newsdesk

HAMILTON, Ontario, Nov. 27, 2020 (GLOBE NEWSWIRE) — Reliq Health Technologies Inc. (TSXV:RHT or OTCQB:RQHTF) (“Reliq” or the “Company”), a technology company focused on developing innovative mobile health (mHealth) and telemedicine solutions for Community-Based Healthcare, wishes to inform shareholders that it will be hosting a webinar on December 1, 2020 at 6:00am PST / 9:00am EST to review the Company’s quarterly financial statements for Q1 Fiscal Year 2021 (July 1 – September 30, 2020), and provide a corporate update. Please note that an earlier release incorrectly specified the date for the webinar as December 2, 2020.

For those who are not able to attend the webinar, a recording will be available on the Company’s website (www.reliqhealth.com) immediately following the session.

About Reliq Health

Reliq Health Technologies is a healthcare technology company that specializes in developing innovative software solutions for the Community Care market. Reliq’s powerful iUGO Care platform supports care coordination and community-based healthcare. iUGO Care allows complex patients to receive high quality care at home and in the community setting, improving health outcomes, enhancing quality of life for patients and families and reducing the cost of care delivery. iUGO Care provides real-time access to remote patient monitoring data, allowing for timely interventions by the care team to prevent costly hospital readmissions and ER visits. Reliq Health Technologies trades on the TSX Venture under the symbol RHT and on the OTCQB as RQHTF.

ON BEHALF OF THE BOARD
“Dr. Lisa Crossley”
CEO and Director

For further information please contact:
Investor Relations at [email protected]

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Cautionary Statements Regarding Forward Looking Information
Certain statements in this press release constitute forward-looking statements, within the meaning of applicable securities laws. All statements that are not historical facts, including without limitation, statements regarding future estimates, plans, programs, forecasts, projections, objectives, assumptions, expectations or beliefs of future performance, are “forward-looking statements”.

We caution you that such “forward-looking statements” involve known and unknown risks and uncertainties that could cause actual and future events to differ materially from those anticipated in such statements.

Forward-looking statements include, but are not limited to, statements with respect to commercial operations, including technology development, anticipated revenues, projected size of market, and other information that is based on forecasts of future results, estimates of amounts not yet determinable and assumptions of management.

Reliq Health Technologies Inc. (the “Company“) does not intend and does not assume any obligation, to update these forward-looking statements except as required by law. These forward-looking statements involve risks and uncertainties relating to, among other things, technology development and marketing activities, the Company’s historical experience with technology development, uninsured risks. Actual results may differ materially from those expressed or implied by such forward-looking statements.

SOURCE: Reliq Health Technologies Inc.

Montreal, Quebec, Nov. 27, 2020 (GLOBE NEWSWIRE) — via NewMediaWire— Vision Marine Technologies Inc. (Nasdaq: VMAR), the leading provider of electric technology in the design and manufacture of the first fully electric powertrain outboard motor (E-Motion) and electric power boats, today announced the closing of its initial public offering of 2,760,000 common shares at a price of US$10.00 per share, which includes 360,000 shares sold upon full exercise of the underwriter’s option to purchase additional common shares. The gross proceeds from the offering, including the exercise of the over-allotment option, were US$27,600,000, before deducting underwriting discounts, commissions and offering expenses. 

ThinkEquity, a division of Fordham Financial Management, Inc., acted as sole book-running manager for the offering.  

Vision intends to use the net proceeds from the offering for sales and marketing, build-up of inventory for order fulfillment, research and development, development of rental operations, and general working capital.

A registration statement on Form F-1 (File No. 333-239777) relating to the shares was filed with the Securities and Exchange Commission (“SEC”) and became effective on November 23, 2020, and a related registration statement filed pursuant to Rule 462(b) under the Securities Act of 1933, as amended.  The offering was made only by means of a prospectus. Copies of the final prospectus may be obtained from ThinkEquity, a division of Fordham Financial Management, Inc., 17 State Street, 22nd Floor, New York, New York 10004, by telephone at (877) 436-3673, or by email at [email protected].  The final prospectus is available on the SEC’s website located at http://www.sec.gov.

This press release does not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

About Vision Marine Technologies

Vision Marine Technologies Inc., (NASDAQ: VMAR) strives to change and be a contributing factor in fighting the problem of waterway pollution by disrupting the boating industry with electric power, contributing to zero pollution, zero emission, wave less water, and a noiseless environment.

Our flagship outboard powertrain (E-Motion) is the first fully electric outboard powertrain system that combines an advanced battery pack, inverter, and high efficiency motor with proprietary union assembly between the transmission and the electric motor design and extensive control software. Our E-Motion technologies used in this powertrain system are designed to improve the efficiency of the outboard powertrain and, as a result, increase range and performance.

Vision continues to design, innovate, manufacture, and sell our handcrafted, high performance, environmentally friendly, electric recreational powerboats to recreational customers.

The design and technology applied to our boats results in far greater and enhanced performance, higher speeds, and longer range. Simply stated, a smoother ride than a traditional ICE motorboat.  

 Forward-Looking Statements

The statements contained in this press release that are not historical facts are forward-looking statements. For example, when Vision discusses the expected use of proceeds, it is using forward-looking statements. These forward-looking statements are based on Vision’s current expectations and are not guarantees of future performance. The forward-looking statements are subject to various risks, uncertainties, assumptions, or changes in circumstances that are different to predict or quantify. Actual results may differ materially from these expectations due to changes in global, regional, or local economic, business, competitive, market, regulatory and other factors, many of which are beyond Vision’s control. Important factors that could cause actual results to differ materially from those in the forward-looking statements are set forth in Vision’s filings with the SEC, including its registration statement on Form F-1, as amended from time to time, under the caption “Risk Factors.” Any forward-looking statement in this press release speaks only as of the date of this release. Vision undertakes no obligation to publicly update or review any forward-looking statement, whether as a result of new information, future developments or otherwise, except as may be required by any applicable securities laws.

For further information, please contact:

Bruce Nurse, Investor Relations

(800) 871-4274

[email protected]

SASKATOON, Saskatchewan, Nov. 27, 2020 (GLOBE NEWSWIRE) — MADD Canada’s first Robert M. Solomon Award for Excellence in Public Policy is being presented to Linda and Lou Van de Vorst for their work to reduce impaired driving and strengthen provincial impaired driving laws. 

“The Robert M. Solomon Award was established to recognize a volunteer or group that has made an outstanding contribution to the advancement of MADD Canada’s public policy initiatives to strengthen impaired driving laws,” said MADD Canada Chief Executive Officer Andrew Murie. “With their passionate efforts to change impaired driving laws in Saskatchewan, Linda and Lou truly embody the spirit of this award and we are honoured to name them as its first recipients.”

In January 2016, Linda and Lou’s son Jordan, daughter-in-law Chanda and grandchildren, Kamryn and Migure, were tragically killed in an impaired driving crash.

Since that time, Linda and Lou have worked to strengthen impaired driving legislation to reduce crash deaths and injuries. They have met with the Provincial Government to advocate for changes, including immediate roadside prohibitions, increased fines and vehicle impoundments. Their efforts contributed to the implementation of new legislation that helped reduce impaired driving fatalities and injuries. In 2019, 21 people were killed and 332 people were injured in impairment-related crashes in Saskatchewan. That is down significantly from the annual average of 54 deaths and 595 injuries between 2009 and 2018.

The award was presented to the Van de Vorsts today by The Honourable Joe Hargrave, Minister of Highways. In his previous post as Minister responsible for Saskatchewan Government Insurance, Minister Hargrave worked with Linda and Lou on numerous events and initiatives around Saskatchewan’s impaired driving laws, as well as powerful public awareness efforts to prevent impaired driving.

“I am truly honoured to present this award to Linda and Lou,” said Minister Hargrave.  “I can’t thank them enough for all they have done to reduce impaired driving in Saskatchewan. The Van de Vorsts, along with a number of families impacted by impaired driving, have worked alongside government to truly make a difference and for that I am so very thankful.”

Linda and Lou heralded the work of victims and survivors, volunteers, partners in law enforcement and government, and the general public in the ongoing effort to reduce impaired driving, noting “it takes everyone working together to make Saskatchewan roadways safer”.

About the Robert M. Solomon Award

Established in 2019, this award is named in honour of Robert M. Solomon, who is a Distinguished University Professor in the Faculty of Law at the University of Western Ontario. He also served as MADD Canada’s National Director of Legal Policy for 21 years, guiding the organization’s extensive public policy work on the national and provincial/territorial levels. An internationally recognized expert in the anti-impaired driving field, Professor Solomon has worked tirelessly to assess best practices in impaired driving policy and to advocate for legislative amendments that would save lives and prevent injuries. He has made numerous presentations and submissions to tribunals, government agencies and legislative committees on matters related to impaired driving laws and policies, and his work has been regularly published in peer-reviewed journals.

NEW YORK, Nov. 27, 2020 (GLOBE NEWSWIRE) — Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Royal Caribbean Cruises Ltd. (NYSE: RCL) between February 4, 2020 and March 17, 2020, inclusive (the “Class Period”) of the important December 7, 2020 lead plaintiff deadline in the securities class action. The lawsuit seeks to recover damages for Royal Caribbean investors under the federal securities laws.

To join the Royal Caribbean class action, go to http://www.rosenlegal.com/cases-register-1966.html or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] or [email protected] for information on the class action.

According to the lawsuit, defendants throughout the Class Period made materially false and/or misleading statements and/or failed to disclose material adverse facts about Royal Caribbean’s decrease in bookings outside China and its faulty policies and procedures to prevent the circulation of COVID-19 on its cruise ships. Specifically, regarding global bookings, Royal Caribbean: (1) misled investors to believe that any issue related to COVID-19 was relatively insignificant; (2) falsely assured investors that bookings outside China were strong with no signs of a slowdown; and (3) failed to disclose that the Company was experiencing material declines in bookings globally due to customer concerns over COVID-19. Additionally, regarding safety procedures, Royal Caribbean: (1) falsely assured investors that it implemented rigorous safety protocols; (2) stated such protocols were expected to ultimately contain the spread of COVID-19; and (3) failed to disclose that its ships were following grossly inadequate protocols that would foster the spread of COVID-19 and pose a substantial risk to passengers and crews. When the true details entered the market, the lawsuit claims that investors suffered damages.

A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than December 7, 2020. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. If you wish to join the litigation, go to http://www.rosenlegal.com/cases-register-1966.html or to discuss your rights or interests regarding this class action, please contact Phillip Kim, Esq. of Rosen Law Firm toll free at 866-767-3653 or via e-mail at [email protected] or [email protected].

NO CLASS HAS YET BEEN CERTIFIED IN THE ABOVE ACTION. UNTIL A CLASS IS CERTIFIED, YOU ARE NOT REPRESENTED BY COUNSEL UNLESS YOU RETAIN ONE. YOU MAY RETAIN COUNSEL OF YOUR CHOICE. YOU MAY ALSO REMAIN AN ABSENT CLASS MEMBER AND DO NOTHING AT THIS POINT. AN INVESTOR’S ABILITY TO SHARE IN ANY POTENTIAL FUTURE RECOVERY IS NOT DEPENDENT UPON SERVING AS LEAD PLAINTIFF.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 3 each year since 2013. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm’s attorneys are ranked and recognized by numerous independent and respected sources. Rosen Law Firm has secured hundreds of millions of dollars for investors. Attorney Advertising. Prior results do not guarantee a similar outcome.

——————————-

Contact Information:

        Laurence Rosen, Esq.
        Phillip Kim, Esq.
        The Rosen Law Firm, P.A.
        275 Madison Avenue, 40th Floor
        New York, NY 10016
        Tel: (212) 686-1060
        Toll Free: (866) 767-3653
        Fax: (212) 202-3827
        [email protected]
        [email protected]
        [email protected]
        www.rosenlegal.com

LIMASSOL, Cyprus, Nov. 27, 2020 (GLOBE NEWSWIRE) — Castor Maritime Inc. (NASDAQ: CTRM), (“Castor” or the “Company”), a global shipping company specializing in the ownership of dry bulk vessels, announces today that the Company’s Annual Meeting of Shareholders (the “Meeting”) was duly held on November 25, 2020 at 9:00 a.m., local time, at the offices of Seward & Kissel LLP, One Battery Park Plaza, New York, New York 10004.

At the Meeting, each of the following proposals were approved and adopted:

1. The re-election of Mr. Petros Panagiotidis to serve as Class C Director until the 2023 Annual Meeting of Shareholders;
2. The appointment of Deloitte Certified Public Accountants S.A. as the Company’s independent auditors for the fiscal year of 2020; and
3. The granting of discretionary authority to the Company’s board of directors (the “Board”) to effect one or more reverse stock splits of the Company’s issued common shares, at a ratio of not less than one-for-two and not more than one-for-75 and in the aggregate at a ratio of not more than one-for-75, inclusive, with the exact ratio to be set at a whole number within this range to be determined by the Board, or any duly constituted committee thereof, and to authorize the Board to implement any such reverse stock split by filing any such amendment to the Company’s Articles of Incorporation with the Registrar of Corporations of the Republic of the Marshall Islands at any time following such approval.

The Company continues to monitor the closing bid price of its common shares during the compliance period and intends to take all necessary steps to regain compliance with the Nasdaq Capital Market (“Nasdaq”) $1.00 minimum bid price per share requirement and to maintain its Nasdaq listing, including by effecting a reverse stock split consolidating the Company’s issued and outstanding shares. The Company can also cure this deficiency if the closing bid price of its common shares is $1.00 per share or higher for at least ten consecutive business days during the grace period, which includes the temporary COVID-19 relief period. In the event the Company does not regain compliance within the grace period and meets all other listing standards and requirements, the Company may be eligible for an additional 180-day grace period. During this time, the Company’s common shares will continue to be listed and trade on the Nasdaq.

About Castor Maritime Inc.

Castor Maritime Inc. is an international provider of shipping transportation services through its ownership of dry bulk vessels. The Company’s vessels are employed primarily on medium-term charters and transport a range of dry bulk cargoes, including such commodities as coal, grain and other materials along worldwide shipping routes.

The Company’s fleet currently consists of six Panamax dry bulk vessels.

For more information please visit the Company’s website at www.castormaritime.com

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,” “intend,” “estimate,” “forecast,” “project,” “plan,” “potential,” “will,” “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, our management’s examination of historical operating trends, data contained in our records and other data available from third parties. Although we believe that these assumptions were reasonable when made, because these assumptions are inherently subject to significant uncertainties and contingencies which are difficult or impossible to predict and are beyond our control, we cannot assure you that we will achieve or accomplish these expectations, beliefs or projections. We undertake no obligation to update any forward-looking statement, whether as a result of new information, future events or otherwise. 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 general dry bulk shipping market conditions, including fluctuations in charterhire rates and vessel values, the strength of world economies the stability of Europe and the Euro, fluctuations in interest rates and foreign exchange rates, changes in demand in the dry bulk shipping industry, including the market for our vessels, changes in our operating expenses, including bunker prices, dry docking and insurance costs, 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, the length and severity of the COVID-19 outbreak, the impact of public health threats and outbreaks of other highly communicable diseases, the impact of the expected discontinuance of LIBOR after 2021 on interest rates of our debt that reference LIBOR, the availability of financing and refinancing and grow our business, vessel breakdowns and instances of off‐hire, potential exposure or loss from investment in derivative instruments, potential conflicts of interest involving our Chief Executive Officer, his family and other members of our senior management, and our ability to complete acquisition transactions as planned. Please see our filings with the Securities and Exchange Commission for a more complete discussion of these and other risks and uncertainties. The information set forth herein speaks only as of the date hereof, and the Company disclaims any intention or obligation to update any forward‐looking statements as a result of developments occurring after the date of this communication.

CONTACT DETAILS
For further information please contact:

Petros Panagiotidis
Castor Maritime Inc.
Email: [email protected]

Media Contact:
Kevin Karlis
Capital Link
Email: [email protected]

TORONTO, Nov. 27, 2020 (GLOBE NEWSWIRE) — FAIR Canada | Canadian Foundation for Advancement of Investor Rights is pleased to announce it has entered into an agreement with the Ontario Securities Commission (OSC) that will provide FAIR Canada with stable funding for the next five years. The OSC will provide a total of $3.75 million over the term agreement.

Jean-Paul Bureaud, the newly appointed Executive Director of FAIR Canada, said, “We are very appreciative of the new funding arrangement, which will bring stability andallow FAIR Canada tofocus on its mission of enhancing the rights of Canadian investors and being a national voice in securities regulatory development. The funding enables usto move our strategic priorities forward,including putting renewed focus onpolicy research. Importantly, it will also permit us to recruit additional staff to advance our core objectives.”

FAIR Canada is also pleased to announce the election of the Board of Directors at the annual meeting of members held on November 9, 2020, the selection of Ellen Roseman to serve as its Chair, and Preet Banerjee as Vice-Chair of the Board. We also welcome the appointment of a new Director, Neil Gross. Mr. Gross is an experienced securities lawyer and former Executive Director of FAIR Canada. He is currently also Chair of the Investor Advisory Panel to the Ontario Securities Commission.

“Neil’s experience at FAIR Canada and as Chair of the Investor Advisory Panel, as well as his extensive experience as a securities lawyer, will be invaluable to FAIR Canada as we execute our strategic priorities. On behalf of the Board of Directors, we welcome Neil back to FAIR Canada in his new role
and look forward to his contribution,” said Ellen Roseman.

FAIR Canada’s Board of Directors is composed of the following individuals:

Preet Banerjee, Vice-Chair | Toronto
Larry Bates | Toronto
Lines Deslandes | Washington D.C.
Robb Engen | Calgary
Guy Lemoine | Montreal
Wanda Morris | Vancouver
Rossa O’Reilly | Toronto
Ellen Roseman, Chair | Toronto
Marc Ryan | Montreal

About FAIR Canada: FAIR Canada is a national, independent charitable organization dedicated to being a catalyst for the advancement of the rights of investors and financial consumers in Canada. As the voice of the Canadian investor and financial consumer, FAIR Canada advances its mission through outreach and education, public policy submissions to governments and regulators, proactive identification of emerging issues and other initiatives. FAIR Canada has a reputation for independence, thought leadership in public policy and moving the needle in the interests of retail investors and financial consumers.

For Further Information Contact:
FAIR Canada
[email protected]

Jean-Paul Bureaud
Executive Director, FAIR Canada
[email protected]