Workflow
Redecan Cannabis Brand Elevates the Diamond Vape Category with the Launch of Amped Live Resin Liquid Diamond Vapes
Globenewswire· 2025-12-11 12:00
Core Insights - Tilray Brands, Inc. has launched Amped Live Resin Liquid Diamond 1g 510 cartridges, marking Redecan's first live resin-liquid diamond line, featuring strains Space Age CK and Blueberry DNTS [1][10] - The Amped product line is formulated with 80% Legit Live Resin and 20% Liquid Diamonds, aiming to enhance flavor intensity while maintaining the natural profile of the cannabis plant [2] - The Canadian cannabis market is experiencing growth in live resin vapes, with a reported 6.3% category growth over the past six months, and the timing of this launch aligns with peak vape basket penetration during winter months [4] Product Development - Redecan utilized insights from budtender focus groups to refine the taste, comfort, and design of the Amped cartridges, ensuring a natural flavor profile and improved hardware [5] - The cartridges are designed with a TrueDraw Ceramic core for a smooth draw and to prevent clogs, tailored for premium extractions [3] Market Position - Redecan is recognized as a leading cannabis brand in Canada, known for its quality and innovation across various product lines, including flower, pre-rolls, and vapes [6] - The Amped Live Resin Liquid Diamond cartridges are currently available in Ontario and Alberta, with plans for national distribution in early 2026 [5]
Apollo Silver Announces 2026 Exploration and Development Program for its U.S. based Calico Project
Globenewswire· 2025-12-11 12:00
Advancing one of the largest undeveloped primary silver assets in the U.S. in a rising silver and critical minerals market. VANCOUVER, British Columbia, Dec. 11, 2025 (GLOBE NEWSWIRE) -- Apollo Silver Corp. (“Apollo Silver” or the “Company”) (TSX.V:APGO; OTCQB:APGOF; Frankfurt:6ZF) is pleased to announce details of its 2026 Exploration and Project Development Program (the “2026 Program”) at the Company’s Calico Silver Project (“Calico” or the “Project”) located in San Bernardino County, California. The 202 ...
Goodfood Announces Management Change
Globenewswire· 2025-12-11 12:00
MONTREAL, Dec. 11, 2025 (GLOBE NEWSWIRE) -- Goodfood Market Corp. (“Goodfood” or “the Company”) (TSX: FOOD) announced today that Neil Cuggy, co-founder, President, and Chief Operating Officer, will step down from his executive roles effective January 16, 2026. He will remain on the Board of Directors until the next annual shareholder meeting in February 2026. The Board thanks Mr. Cuggy for his leadership and contributions to Goodfood. Effective immediately, Selim Bassoul, non-executive Chair of the Board, w ...
McFarlane Targets Resource Expansion at Juby Gold Project
Globenewswire· 2025-12-11 12:00
Identifies additional potential resources of 15 million to 30 million tonnes of mineralization at an estimated range of 0.9 to 1.1 gram per tonne gold1Launches largest single drill program in Juby’s history TORONTO, Dec. 11, 2025 (GLOBE NEWSWIRE) -- McFarlane Lake Mining Limited (“McFarlane” or the “Company”) (CSE: MLM, OTC: MLMLF) is pleased to announce the 2025–2026 Diamond Drilling Exploration Program of 12,000 to 13,000 metres at its 100%-owned Juby Gold Project, located west of Gowganda, Ontario, with ...
Viasat Rocket Telemetry Service Selected by INNOSPACE for First Ever Commercial Launch from Brazil
Globenewswire· 2025-12-11 12:00
Core Insights - INNOSPACE has selected Viasat's rocket telemetry service for its first commercial launch, marking a significant milestone for both companies in the satellite launch industry [1][5] - The mission is set to launch INNOSPACE's HANBIT-Nano vehicle carrying eight payloads into low Earth orbit (LEO) from Brazil, showcasing the growing demand for small satellite launches [2][4] Company Overview - INNOSPACE is a South Korean satellite launch service provider that utilizes innovative 3D-printing technology and hybrid fuel systems to offer low-cost and reliable satellite launch services [4] - Viasat is a global leader in satellite communications, recently enhancing its capabilities through the acquisition of Inmarsat, aiming to create a comprehensive global communications network [8] Technological Advancements - Viasat's InRange service will provide continuous telemetry data during the launch, utilizing L-band geostationary satellites to ensure reliable connectivity throughout the mission [3][6] - The integration of InRange into the HANBIT-Nano mission represents a commitment to improving launch reliability and data connectivity through innovative partnerships [6] Market Trends - The demand for small satellite launches is increasing globally, with companies like INNOSPACE playing a crucial role in meeting this demand through efficient and reliable launch solutions [5][6] - The launch from Alcântara, Brazil, is part of INNOSPACE's strategy to expand its operational capabilities by utilizing various global spaceports [4]
PEGASUS Takes the Next Step: First Aircraft Lands in Germany
Globenewswire· 2025-12-11 11:05
Core Insights - The PEGASUS program, a collaboration between HENSOLDT, Lufthansa Technik Defense, and Bombardier Defense, has reached a significant milestone with the arrival of the first aircraft in Germany, marking the transition to system integration and certification activities [1][2][3] Company Overview - HENSOLDT is a leading European defense company specializing in sensor solutions for defense and security applications, achieving a turnover of 2.24 billion euros in 2024 and employing around 9,000 people [6] - Lufthansa Technik Defense focuses on military aircraft sustainment and modification, participating in various modernization programs for the German Armed Forces and NATO partners [7] - Bombardier Defense combines high-performing aircraft with engineering expertise to provide tailored defense solutions, known for its collaborative approach with governments and militaries [8] Program Details - The PEGASUS program aims to deliver advanced airborne signals intelligence (SIGINT) capabilities to the German Armed Forces, transitioning from design and development in the U.S. to integration and certification in Germany [2][3] - The next steps at Lufthansa Technik include integrating the SIGINT system, installing the mission cabin, and ensuring both civil and military certification of the aircraft [3][5] Key Partnerships - HENSOLDT acts as the general contractor for the PEGASUS system, while Lufthansa Technik serves as the prime subcontractor responsible for aircraft modification and system integration [5] - Bombardier Defense provides the Global 6000 platform and supports the program with engineering and flight-testing expertise [5]
InnoCare Announces Approval of the Next-Generation TRK Inhibitor Zurletrectinib in China
Globenewswire· 2025-12-11 11:03
Core Viewpoint - InnoCare Pharma's next-generation TRK inhibitor, zurletrectinib, has received approval from the China National Medical Products Administration for treating adult and adolescent patients with solid tumors harboring NTRK gene fusions, marking a significant advancement in cancer treatment options in China [1][4]. Group 1: Efficacy and Safety - In clinical trials, zurletrectinib demonstrated an objective response rate (ORR) of 89.1% and a disease control rate (DCR) of 96.4%, with 24-month progression-free survival (PFS) and overall survival (OS) rates of 77.4% and 90.8% respectively [2]. - The drug shows superior efficacy compared to first-generation TRK inhibitors, achieving a 100% ORR in adolescent patients and demonstrating a long duration of response exceeding 36 months in some cases [3][4]. - Zurletrectinib exhibits strong brain penetration activity, achieving an intracranial objective response rate (IC-ORR) of 100% in lung cancer patients, providing new treatment options for those with brain metastases [4]. Group 2: Clinical Importance and Future Prospects - The approval of zurletrectinib is significant for patients with NTRK fusion-positive solid tumors, addressing a critical need for effective treatments in a patient population with limited options [4][6]. - InnoCare plans to submit a new drug application for zurletrectinib to treat pediatric patients aged 2 to 12, indicating a commitment to expanding treatment options for younger patients [4][5]. Group 3: Market Context - NTRK fusion genes are present in over 26 types of tumors, with approximately 6,500 new cases occurring annually in China, highlighting the unmet clinical needs in this area [5]. - The low adoption rate of next-generation sequencing (NGS) for diagnosis contributes to delayed treatment, emphasizing the importance of zurletrectinib in improving patient outcomes [5].
Titan Mining Commences Graphite Processing at Empire State Mines in New York
Globenewswire· 2025-12-11 11:00
Core Viewpoint - Titan Mining Corporation is positioning itself as the only end-to-end domestic producer of natural graphite in the U.S., enhancing the supply of critical minerals and addressing supply chain vulnerabilities [1][3][4] Group 1: Project Development - Ore feeding has commenced at Titan's Kilbourne graphite demonstration facility, marking a significant step towards the first production of graphite concentrate in over 70 years [1][2] - The Kilbourne Project aims to reach an annual production capacity of 40,000 tonnes of graphite concentrate, potentially supplying nearly half of the current U.S. natural graphite demand [3][4] Group 2: Economic and Financial Support - The project has received strong backing from the Export-Import Bank of the United States, including an additional $5.5 million in non-dilutive funding and a non-binding Letter of Interest for up to $120 million in project financing [4] - The Kilbourne Project Study confirmed robust project economics, underscoring the strategic importance of restoring a fully integrated U.S. graphite supply chain [4] Group 3: Strategic Importance - The establishment of a secure U.S. supply of battery-grade natural flake graphite is crucial for energy storage, defense, and strategic industries [2][4] - The commencement of operations at the Kilbourne facility is seen as a pivotal moment for U.S. critical minerals independence [2]
Hooker Furnishings Reports Fiscal 2026 Third Quarter Results
Globenewswire· 2025-12-11 11:00
Core Insights - Hooker Furnishings Corporation has announced a strategic divestiture of its value-priced home furnishings brands, Pulaski Furniture and Samuel Lawrence Furniture, to focus on higher-margin, design-led products and improve profitability [2][4] - The company reported a consolidated net sales decrease of 14.4% in Q3 2026, primarily due to a significant reduction in shipments from the discontinued operations [8][9] - A new shareholder return program has been introduced, including a share repurchase authorization of up to $5 million and a recalibrated dividend, reducing the annual dividend by 50% to $0.46 per share [14][15][16] Financial Performance - For the fiscal 2026 third quarter, net sales were $70.73 million, down from $82.67 million in the same period last year, with a gross profit of $18.09 million [28] - The company recorded a Q3 operating loss of $16.32 million, largely due to non-cash impairment charges of $15.58 million and restructuring costs [29] - Cash and cash equivalents decreased to $1.4 million, with inventory levels dropping from $66.2 million at year-end to $52.1 million at quarter-end [12][13] Cost Reduction Initiatives - Hooker Furnishings has implemented multi-phased cost reduction initiatives, achieving approximately $25–$26.5 million in annualized savings, which positions the company for profitability despite ongoing industry challenges [4][6] - The company has reduced its overall cost structure by 25% over the past 18 months, which is expected to continue into fiscal 2027 [4][8] Segment Performance - Hooker Branded segment experienced a 1.1% increase in net sales for both the third quarter and nine-month period, driven by higher average selling prices [9][10] - Domestic Upholstery net sales rose by 3.0% in Q3, with mixed performance across divisions, while the All Other category saw a significant decline due to macroeconomic pressures [10][11] Strategic Outlook - The launch of the Margaritaville licensed collection is anticipated to drive organic growth, supported by a new showroom experience and retailer commitments [4][19] - The company aims to transition from a cost reduction narrative to an organic growth story, focusing on its core expertise in better-to-best home furnishings [4][19]
RecycLiCo Secures Construction Permits, Advancing Laboratory Toward Early 2026 Completion
Globenewswire· 2025-12-11 11:00
DELTA, British Columbia, Dec. 11, 2025 (GLOBE NEWSWIRE) -- RecycLiCo Battery Materials Inc. (“RecycLiCo” or the “Company”) (TSX.V: AMY | OTCQB: AMYZF | FSE: ID4), a critical minerals refining and lithium-ion battery upcycling company, is pleased to announce that construction permit applications for its new research and process-development laboratory in Delta, British Columbia, have been approved by the local government. With the lab design complete and permits approved, the Company has already advanced earl ...