Connect with us

IT Industry

ShiftPixy Announces Stock Repurchase Program

GlobeNewswire

Published

on

Reading Time: 3 minutes

IRVINE, Calif., July 12, 2019 (GLOBE NEWSWIRE) — ShiftPixy, Inc. (NASDAQ: PIXY), a California-based staffing enterprise that designs, manages, and sells access to a disruptive, revolutionary platform that facilitates employment in the rapidly growing Gig Economy, today announced that its Board of Directors has authorized the repurchase of up to ten million shares of its outstanding common stock over an initial period of 18 months, extendable at the Board’s discretion.  The stock repurchase program will be funded through the Company’s existing cash. Purchases made pursuant to the program will be made in either the open market or in privately negotiated transactions from time to time as permitted by federal securities laws and other legal requirements. The timing, manner, price and amount of any repurchases will be determined by the Company in its discretion, in accordance with applicable SEC regulations, and will be subject to economic and market conditions, stock price, applicable legal requirements, and other factors. The program may be suspended or discontinued at any time.

About ShiftPixy
ShiftPixy is a disruptive human capital services enterprise, revolutionizing employment in the Gig Economy by delivering a next-gen platform for workforce management that helps businesses with shift-based employees navigate regulatory mandates, minimize administrative burdens and better connect with a ready-for-hire workforce. With expertise rooted in management’s nearly 25 years of workers’ compensation and compliance programs experience, ShiftPixy adds a needed layer for addressing compliance and continued demands for equitable employment practices in the growing Gig Economy. ShiftPixy’s complete HCM ecosystem is designed to manage regulatory requirements and compliance in such required areas as paid time off (PTO) laws, insurance and workers’ compensation, minimum wage increases, and the Affordable Care Act (ACA) compliance.

ShiftPixy Cautionary Statement
The information provided in this release includes forward-looking statements, the achievement or success of which involves risks, uncertainties, and assumptions. Although such forward-looking statements are based upon what management of the Company believes are reasonable assumptions, there can be no assurance that forward-looking statements will prove to be accurate. If any of the risks or uncertainties, including those set forth below, materialize or if any of the assumptions proves incorrect, the results of ShiftPixy, Inc., could differ materially from the results expressed or implied by the forward-looking statements we make.  The risks and uncertainties include, but are not limited to, risks associated with the nature of our business model; our ability to execute the Company’s vision and growth strategy; our ability to attract and retain clients; our ability to assess and manage risks; changes in the law that affect our business and our ability to respond to such changes and incorporate them into our business model, as necessary; our ability to insure against and otherwise effectively manage risks that affect our business; competition; reliance on third-party systems and software; our ability to protect and maintain our intellectual property; and general developments in the economy and financial markets.  Statements made in connection with any guidance may refer to financial statements that have not been reviewed or audited.  The Company undertakes no obligation to update forward-looking statements if circumstances or management’s estimates or opinions should change, except as required by applicable securities laws.  The information in this press release shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that section, and will not be deemed an admission as to the materiality of any information that is required to be disclosed solely by Regulation FD.  Further information on these and other factors that could affect the financial results of ShiftPixy, Inc., is included in the filings we make with the Securities and Exchange Commission from time to time. These documents are available on the “SEC Filings” subsection of the “Investor Information” section of our website at https://ir.shiftpixy.com/financial-information/sec-filings.

Consistent with the SEC’s April 2013 guidance on using social media outlets like Facebook and Twitter to make corporate disclosures and announce key information in compliance with Regulation FD, ShiftPixy is alerting investors and other members of the general public that ShiftPixy will provide updates on operations and progress required to be disclosed under Regulation FD through its social media on Facebook, Twitter, LinkedIn and YouTube. Investors, potential investors, shareholders and individuals interested in our Company are encouraged to keep informed by following us on Facebook, Twitter, LinkedIn and YouTube.

INVESTOR CONTACT:
InvestorRelations@shiftpixy.com
800.475.3655

GlobeNewswire is one of the world's largest newswire distribution networks, specializing in the delivery of corporate press releases financial disclosures and multimedia content to the media, investment community, individual investors and the general public.

IT Industry

Trakopolis Announces Results of Annual General and Special Meeting

GlobeNewswire

Published

on

Reading Time: 1 minute

CALGARY, Alberta, July 19, 2019 (GLOBE NEWSWIRE) — Trakopolis IoT Corp. (TSXV: TRAK) today reported the results of its Annual General and Special Meeting of Shareholders held on Friday, July 19, 2019 (the “Meeting“).

At the Meeting, shareholders approved the appointment of Tracy Graf, Brent Moore, Chris Burchell, Anthony Dutton, Cameron Olson, Gil Sonnenberg and Frank Turner as directors of the company. Shareholders also approved the reappointment of KPMG LLP as the Company’s auditors as well as the Company’s Stock Option Plan.

About Trakopolis

Trakopolis is a Software as a Service (SaaS) company with proprietary, cloud-based solutions for real-time tracking, data analysis and management of corporate assets such as equipment, devices, vehicles and workers. The Company’s asset management platform works across a variety of networks and devices. Trakopolis has a diversified revenue stream from many verticals including oil and gas, forestry, transportation, construction, rentals, urban services, mining, government and others.

FOR FURTHER INFORMATION, PLEASE CONTACT

Brent Moore, President and Chief Executive Officer
Trakopolis IoT Corp.
Telephone: (403) 450-7854
Email: bmoore@trakopolis.com

Neither 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.

Continue Reading

IT Industry

West High Yield Completes Second Tranche of Private Placement and Terminates Market Making Services Agreement

GlobeNewswire

Published

on

Reading Time: 4 minutes

CALGARY, Alberta, July 19, 2019 (GLOBE NEWSWIRE) — West High Yield (W.H.Y.) Resources Ltd. (“West High Yield” or the “Company“) (TSXV: WHY) announces that it has completed the second and final tranche of its previously announced non-brokered private placement of units (“Units“). The Company issued 258,000 Units at a price of $0.25 per Unit for gross proceeds of $64,500 under the second tranche. The Company wishes to correct its statement in the press release issued June 7 regarding the number of units issued pursuant to the first tranche closing. In total, 609,000 units were issued as part of the first tranche for gross proceeds of $152,250.

In aggregate, the Company issued 867,000 Units at a price of $0.25 per Unit for gross proceeds of $216,750 under the private placement. Each Unit consists of one common share in the capital of the Company (a “Common Share“) and one-third of one common share purchase warrant (a “Warrant“). Each whole Warrant entitles the holder to purchase one additional Common Share at an exercise price of $0.45 for a period of one year from the date of issuance of the Warrant. 

All of the securities issued under the private placement are subject to a four month resale restriction. The private placement is subject to receipt of all necessary regulatory approvals including final approval of the TSX Venture Exchange. 

Net proceeds are expected to be used for the environmental base line study, environmental assessment study and mine plan and permit application and Industrial Mineral Mine Permit application for the Company’s Record Ridge deposit near Rossland, British Columbia and general corporate purposes. Although the Company intends to use the proceeds of the offering as described above, the actual allocation of proceeds may vary from the uses set out above, depending upon future operations, events or opportunities. 

An insider of the Company subscribed for 133,000 Units, for a total of approximately 15% of the private placement. The private placement is therefore deemed to be a “related party transaction” as defined under Multilateral Instrument 6-101 – Protection of Minority Security Holders in Special Transactions (“MI 61-101“). Neither the Company, nor to the knowledge of the Company after reasonable inquiry, the insider participant in the private placement, has knowledge of any material information concerning the Company or its securities that has not been generally disclosed.

The private placement is exempt from the formal valuation and minority shareholder approval requirements of MI 61-101 (pursuant to subsections 5.5(c) and 5.7(1)(b)) as it was a distribution of securities for cash and neither the fair market value of the Units distributed to, nor the consideration received from, the insider participant exceeded $2,500,000.

The Company also announces termination of the agreement with Questrade, Inc. to provide market making services to the Company previously announced May 10, 2019.

About West High Yield

West High Yield is a publicly traded junior mining exploration company focused on the acquisition, exploration and development of mineral resource properties in Canada with a primary objective to locate and develop economic gold, nickel and magnesium properties.

For further information please contact:
 
 
Frank Marasco
President and Chief Executive Officer
West High Yield (W.H.Y.) Resources Ltd.
Telephone: (403) 660-3488
Facsimile: (403) 206-7159
Email: frank@whyresources.com 
Dwayne Vinck
Chief Financial Officer
West High Yield (W.H.Y.) Resources Ltd.
Telephone: (403) 257-2637
Facsimile: (403) 206-7159
Email: vinck@shaw.ca 

Reader Advisory

This press release contains forward-looking statements and forward-looking information within the meaning of applicable securities laws. The use of any of the words “expect”, “anticipate”, “continue”, “estimate”, “objective”, “ongoing”, “may”, “will”, “project”, “should”, “believe”, “plans”, “intends” and similar expressions are intended to identify forward-looking information or statements. More particularly and without limitation, this press release contains forward looking statements and information concerning the terms of the proposed non-brokered private placement of Units, the proposed use of proceeds and the Company’s business plans. The forward-looking statements and information are based on certain key expectations and assumptions made by the Company. Although the Company believes that the expectations and assumptions on which such forward-looking statements and information are based are reasonable, undue reliance should not be placed on the forward-looking statements and information because the Company can give no assurance that they will prove to be correct. 

Forward-looking information is based on the opinions and estimates of management at the date the statements are made, and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those anticipated in the forward-looking information. Some of the risks and other factors that could cause the results to differ materially from those expressed in the forward-looking information include, but are not limited to: general economic conditions in Canada and globally; industry conditions, including governmental regulation; failure to obtain industry partner and other third party consents and approvals, if and when required; the availability of capital on acceptable terms; the need to obtain required approvals from regulatory authorities; stock market volatility; competition for, among other things, skilled personnel and supplies; changes in tax laws; and the other factors. Readers are cautioned that this list of risk factors should not be construed as exhaustive. 

Readers are cautioned not to place undue reliance on this forward-looking information, which is given as of the date hereof, and to not use such forward-looking information for anything other than its intended purpose. The Company undertakes no obligation to update publicly or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by applicable law.

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 press release.

Not for distribution in the United States. This news release does not constitute an offer to sell or a solicitation of an offer to buy any securities in the United States. The securities of the Company will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”) and may not be offered or sold within the United States or to, or for the account or benefit of U.S. persons except in certain transactions exempt from the registration requirements of the U.S. Securities Act.

Continue Reading

IT Industry

Breast Reconstruction Market Size to Hit USD 3.6 Bn by 2026

GlobeNewswire

Published

on

Reading Time: 3 minutes

Acumen Research and Consulting, recently published report on “Breast reconstruction Market Size, Share, Trends, Scope, Growth and Forecast 2019-2026”.

LOS ANGELES, July 19, 2019 (GLOBE NEWSWIRE) — The global breast reconstruction market is estimated to grow at a significant rate of 6.5% during the forecasted period 2019 to 2026 and is expected to reach over 3.6 billion by 2026.

Free Download Sample Report Pages for Better understanding@ https://www.acumenresearchandconsulting.com/request-sample/1535

The global breast reconstruction market is driven by rising number of breast implantation across the globe, increasing prevalence of breast cancer, and increasing healthcare expenditure by major economies across the world. Investments in R&D and increasing government support the breast reconstruction market growth. Moreover, surge in the per capita healthcare expenditure, are some of the vital factors driving the global breast reconstruction market growth during the forecast period 2019-2026. Other factors such as increasing awareness among people regarding breast reconstruction and changing lifestyle are likely to boost the market growth in the near future. However, lack of skilled professionals in the under developed region including Latin America and developing region including the Middle East & Africa is the major factor which is likely to slow the market growth during the forecast period 2019–2026.

The global breast reconstruction market is segmented by product, shape, and end user.

On the basis of product, the breast reconstruction market is segmented into tissue expander, implants, silicone breast implants, and others. Silicone breast implants holds the major share in the global market owing to the various advantages over old and other available options.

Based on shape, the global breast reconstruction market is segmented into round, and anatomical.

Based on end user, the breast reconstruction market is segregated into hospitals, cosmetology clinics, and ambulatory surgical centers, and others.

The global breast reconstruction market is segmented on the basis of the region covering North America, Asia Pacific, Europe, Latin America, and the Middle East & Africa.

View Detailed Information with Complete TOC@ https://www.acumenresearchandconsulting.com/breast-reconstruction-market

North America Breast reconstruction market is expected to be the biggest market across the globe. Growth of the North America breast reconstruction market is attributed to the advancements in the medical technology as well as the extensive use of new implants. The U.S. Breast reconstruction market is expected to account for largest in the North America market owing to the technological advancements in the region and high awareness regarding breast reconstruction and presence of huge patient population. Increasing investment in research and development by major players has supported the growth of the breast reconstruction market. Moreover, high spending power of the people will support the breast reconstruction market in North America. Growth of the Europe breast reconstruction market is attributed to the increasing government support and presence of major players in the region. Ongoing research & development in the region over breast reconstruction is the other factor which is expected to propel the market growth further. Asia Pacific is the fastest growing market for breast reconstruction and is expected to grow at high pace owing to the entry of major players in the region due to presence of huge population base suffering from breast cancer. Countries such as Japan, China, and India are considered as the major countries contributing to the market growth, owing to the availability of research facilities. Additionally, the growth is attributed to the presence of skilled workforce such as several research scientists and others. The market in the Middle East and Africa holds the least but growing market share owing to the rising demand for the poor economic condition, research activities and healthcare services, and less development in medical facilities especially in African region.

Some of the key players in the global breast reconstruction market include Mentor Worldwide LLC; POLYTECH Health & Aesthetics GmbH; Sientra, Inc.; Deal Implant Incorporated; Allergan Inc.; Establishment Labs S.A; GROUPE SEBBIN SAS; Integra LifeSciences Corporation; RTI Surgical Holdings, Inc.; and GC Aesthetics.

Acumen Research and Consulting Enters Partnership with MARKETWATCH, Click Here

Request for Customization@ https://www.acumenresearchandconsulting.com/request-customization/1535

The report is readily available and can be dispatched immediately after payment confirmation.

Buy this premium research report – https://www.acumenresearchandconsulting.com/buy-now/0/1535

If you would like to place an order or have any questions, please feel free to contact at sales@acumenresearchandconsulting.com | +1 407 915 4157

For Latest Update Follow Us:

https://twitter.com/AcumenRC

https://www.facebook.com/acumenresearchandconsulting

https://www.linkedin.com/company/acumen-research-and-consulting/

Continue Reading

Font Resizer

Subscribe to PICANTE via Email

Enter your email address to subscribe to PICANTE and receive notifications of new posts by email.

Follow us on Facebook

Read more from our authors

Follow our Tweets

Trending

Please turn AdBlock off