Day: 2 February 2024

VANCOUVER, BC / ACCESSWIRE / February 2, 2024 / Regency Silver Corp. ("Regency Silver" or the "Company", (TSXV:RSMX) and (OTCQB:RSMXF) announces that further to its news release dated January 17, 2024, the Company has extended the closing of its private placement. The closing of the private placement is subject to receipt of all necessary regulatory approvals including the TSX Venture Exchange.

For further details about Regency Silver please visit the Company’s website at www.Regency-Silver.com.

Contact Information
Regency Silver Corp.
Kin Communications Inc.
Phone: 1-604-684-6730
Email: RSMX@kincommunications.com

Bruce Bragagnolo, Executive Chairman
Phone: 1-604-417-9517
Email: bruce@regency-silver.com

Gijsbert Groenewegen, Chief Executive Officer
Phone: 1-646-247-1000
Email: gijs@regency-silver.com

ABOUT REGENCY SILVER CORP.:
Regency Silver Corp. is a Canadian resource company exploring for high grade gold, copper, and silver in Mexico. Regency Silver is led by a team of experienced professionals with expertise in both exploration and production. Regency’s flagship project is the high grade Dios Padre project in Sonora, Mexico where Regency has made a large, high grade, gold-copper-silver discovery which appears to widen at depth. Drill results have included 38 metres of 7.36 g/t gold in hole REG 23-21, 36 metres of 6.84 g/t gold, 0.88% copper and 21.8 g/t silver in hole REG 22-01, and 29.4 m of 6.32 g/t gold in hole REG 23-14.

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.

SOURCE: Regency Silver Corp.

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TORONTO, ON / ACCESSWIRE / February 2, 2024 / Tacora Resources Inc. ("Tacora" or the "Company") today announced that it has selected a bid from an ad hoc group of holders of the Company’s senior secured notes (the "Ad Hoc Group"), Resource Capital Fund VII L.P. ("RCF") and Javelin Global Commodities (SG) Pte Ltd. ("Javelin" and together with the Ad Hoc Group and RCF, the "Investors") as the Successful Bid under its sale, investment and services solicitation process ("SISP") and as defined therein, conducted pursuant to, and in connection with, its proceedings (the "CCAA Proceedings") before the Ontario Superior Court of Justice (Commercial List) (the "Court") under the Companies’ Creditors Arrangement Act (Canada) (the "CCAA").

Following the selection of the Investors as the Successful Bidder under the SISP and as defined therein, the Company and the Investors entered into a subscription agreement (the "Subscription Agreement") on January 29, 2024. The Subscription Agreement contemplates, among other things, an equity injection of US$225 million and a new debt financing in principal amount of US$45 million by the Investors, payment or satisfaction of all of Tacora’s secured debt, assumption of all outstanding trade payables, continued employment for all employees of Tacora and entry into a marketing agreement and product purchase and sale agreement and a secured working capital facility of up to US$100 million with Javelin. The transactions will allow Tacora to significantly de-leverage its balance sheet, focus on its long-term plan to invest approximately US$300 million over the next four years to upgrade and modernize the Scully Mine, and achieve the Company’s objective of producing in excess of six million tonnes of high grade iron ore concentrate per year. The Subscription Agreement contemplates a target closing date of March 22, 2024.

Joe Broking, Tacora’s President and CEO said "the transactions announced today with the Investors represent a successful outcome for Tacora and its stakeholders of the strategic process completed through the CCAA Proceedings. The transactions will allow Tacora to emerge from the CCAA Proceedings as a much stronger and better-capitalized business focused on achieving the full potential of the Scully Mine. We thank all Tacora team members, our suppliers, and other stakeholders for their continued support through the CCAA Proceedings and contributions to this successful outcome."

The Subscription Agreement remains subject to, among other things, Court approval of the Subscription Agreement and the transactions contemplated thereunder. The Company intends to appear before the Court as soon as possible to seek an order approving the Subscription Agreement and the transactions contemplated thereunder.

A copy of the SISP and the Subscription Agreement and more information related to the CCAA Proceedings can be found on the Monitor’s website at http://cfcanada.fticonsulting.com/Tacora. Information regarding CCAA Proceedings can also be obtained by calling the Monitor’s hotline at 1-833-420-9074 or by email at tacora@fticonsulting.com.

Advisors

Greenhill & Co. Canada Ltd. (Mizuho) is serving as financial advisor and Stikeman Elliott LLP is serving as legal counsel to Tacora. FTI Consulting Canada Inc. is serving as Court-appointed monitor.

GLC Advisors & Co., LLC is serving as financial advisor to the Investors, Osler, Hoskin & Harcourt LLP is serving as legal counsel to the Investors, Bennett Jones LLP is serving as legal counsel to the Ad Hoc Group and Blake, Cassels and Graydon LLP is serving as legal counsel to RCF.

About Tacora Resources Inc.

Tacora is a private company that is focused on the production and sale of high-grade and quality iron ore products that improve the efficiency and environmental performance of steel making and, subject to final process verification and economic assessment, the development of a high purity manganese product for advanced battery technology. The Company owns and operates the Scully Mine, an iron ore concentrate producer located near Wabush, Newfoundland and Labrador, Canada with a production capacity of six million tonnes per year. Additional information about the Company is available at www.tacoraresources.com.

Forward Looking Statements

This press release contains statements that are forward-looking in nature and relate to our expectations, beliefs, and intentions. All statements other than statements of historical fact are statements that could be deemed to be forward-looking. Although Tacora believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements involve known and unknown risks, uncertainties and other factors and are not guarantees of future performance and actual results may accordingly differ materially from those in forward-looking statements, and these statements are subject to risks, uncertainties and assumptions that could cause outcomes to differ from our expectations, including risks related to the closing of the transactions contemplated by the Subscription Agreement. The forward-looking information set forth herein reflects Tacora’s expectations as at the date of this press release and is subject to change after such date. Tacora disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

Investor and Analyst Contact:

Joe Broking
President and Chief Executive Officer
T – +1 (218) 398-0079
E – joe.broking@tacoraresources.com

Heng Vuong
Executive Vice President and Chief Financial Officer
T – +1 (416) 704-8377
E – heng.vuong@tacoraresources.com

SOURCE: Tacora Resources Inc

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OVERLAND PARK, KS / ACCESSWIRE / February 2, 2024 / Ecofin Sustainable and Social Impact Term Fund (NYSE:TEAF) fourth quarter 2023 commentary is now available. The commentary piece highlights fund performance of the public and direct investments in the essential asset sectors in which the fund invests. A copy of the commentary piece is available here on the company website.

For additional information on this fund, please visit cef.ecofininvest.com.

TCA Advisors is the adviser to Ecofin Sustainable and Social Impact Term Fund and Ecofin Advisors Limited is the fund’s sub-adviser.

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

Cautionary Statement Regarding Forward-Looking Statements
This press release contains certain statements that may include "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements, other than statements of historical fact, included herein are "forward-looking statements." Although the fund and TCA believe that the expectations reflected in these forward-looking statements are reasonable, they do involve assumptions, risks and uncertainties, and these expectations may prove to be incorrect. Actual results could differ materially from those anticipated in these forward-looking statements as a result of a variety of factors, including those discussed in the fund’s reports that are filed with the Securities and Exchange Commission. You should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. Other than as required by law, the fund and TCA do not assume a duty to update this forward-looking statement.

Contact Information
For more information contact Eva Lipner at (913) 890-2165 or info@tortoiseecofin.com.

SOURCE: Ecofin

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New York philanthropist Daniel Neiditch presented a Lifetime Achievement Award to New York City Mayor Eric Adams on Wednesday, January 31st, commemorating Adams’s dedication to the education of children in New York City.

MANHATTAN, NY / ACCESSWIRE / February 2, 2024 / Daniel Neiditch, a philanthropist and founder of River 2 River Realty, Inc., presented a Lifetime Achievement Award to New York City Mayor Eric Adams on Wednesday, January 31st, commemorating Adams’s dedication to the education of children in New York City. The event took place at Neiditch’s Atelier Condo building in New York.

Dan Neiditch, a longtime proponent of child education and welfare worldwide, serves as a board member of the Promise Project Charity, which helps diagnose underprivileged children with learning disabilities and helps them receive a proper education – a cause reflective of both Mayor Adams’s ongoing advocacy and personal background. Growing up in Brooklyn, Adams was never properly diagnosed with dyslexia, which led to prolonged anxiety and difficulty with his self-image. When he was finally diagnosed in college, Adams pressed forward in his professional ambitions, eventually becoming a police captain and, later, the Mayor of New York City.

Daniel Neiditch and Eric Adams will continue to work together to ensure the children of New York City are educated properly – and that no child goes undiagnosed for dyslexia again.

Contact Information

Daniel Neiditch
President, River 2 River Realty
dan@river2riverrealty.com

SOURCE: River 2 River Realty, Inc.

View the original press release on newswire.com.

EASTON, PA / ACCESSWIRE / February 2, 2024 / Paragon Technologies, Inc. ("Paragon"), a diversified holding company, owning approximately 4.8% of the outstanding shares of Ocean Power Technologies, Inc. (NYSE American:OPTT), ("Company") ("OPT"), asks OPT shareholders to disregard and ignore any white proxy card or phone calls from OPT soliciting their votes.

This week, unable to get enough shareholder support, OPT’s Board postponed their annual meeting. Desperate to win the election by misleading shareholders, OPT may reach out to you by phone, email, or regular mail with more misleading statements about Paragon and the annual meeting in an attempt to capture your vote.

We urge all OPT shareholders to disregard ALL these messages from OPT and NOT to vote on ANY white proxy card. They have ignored YOU for years; now it is your turn to ignore them and show them who they are accountable to.

Here are the REAL facts:

• During the past 3 plus years under CEO Stratmann and a newly composed Board, OPT shares have declined by approximately 90% percent.
• Nearly every single day, OPT shares are declining and will likely continue to do so under the current strategy and misleading statements about the condition of the Company.
• A significant portion of shares that support OPT are institutional funds investing other people’s money who typically vote according to bureaucratic mandates rather than the well-being of actual shareholders.

How can ANYONE vote for a Board that has lost their shareholders 90% of their capital in three years, while that same Board and CEO shamelessly give themselves significant raises and bonuses?

Here are some facts about Paragon Technologies and its nominees:

• Since Hesham (‘Sham’) Gad was appointed CEO of Paragon Technologies and its automation subsidiary, Paragon shares have increased by nearly 800%.
• Almost all of Paragon’s shareholders are individual investors, not institutions investing. We have created meaningful, market-beating value for the average investors who rely and trust on the good faith of management.

If you have voted ‘For’ or ‘Withhold’ on the WHITE proxy, it is not too late to change your vote. Please reach out to us and we will get you a BLUE proxy card.

OPT shares are trading for 29 cents today! We believe there is a real scenario that OPT shares will have little value a year from now. Protect your investment by entrusting OPT in the hands of proven, qualified directors who have delivered sustainable value for YOU, the individual investor.

Your voice matters. Protect your investment by disregarding any communication from OPT about voting the WHITE proxy card. After years of permanently destroying shareholder value and after Paragon publicly expressed its grave concerns, the CEO and Board have still failed to stop the continuous decline in the share price.

Please email us at ir@pgntgroup.com with any questions about how to vote your BLUE proxy card.

We appreciate the support from shareholders thus far. If shareholders have any questions, please contact our Proxy Solicitor, Alliance Advisors at:

Alliance Advisors
200 Broadacres Drive, 3rd Floor
Bloomfield, NJ 07003
Toll-Free Phone: 855-200-8651
Email: OPTT@allianceadvisors.com

No matter how many shares you hold, we would like to hear from you. Please email us at ir@pgntgroup.com if you need any help in voting your BLUE proxy.

By voting on Paragon’s BLUE universal proxy card, you can send a message to OPTthat you do not support their actions in relation to the Annual Meeting and attempting to block the recognition of Paragon’s nominees.

OPT has said that it will disregard proxy votes in favor of Paragon’s director nominees. Whether OPT may lawfully disregard Paragon’s director nominees is an issue that Paragon expects will be resolved by the Delaware courts.

Stockholders should review the section of Paragon’s proxy statement titled "Questions And Answers Relating To This Proxy Solicitation–Why is OPT saying it will disregard Paragon’s director nominations, and how does that impact proxies that stockholders provide to Paragon?"

Paragon Technologies, Inc., together with the other participants named herein, has filed with the Securities and Exchange Commission (the "SEC") a definitive proxy statement and an accompanying proxy card soliciting votes for the election of director nominees at the "2023" annual meeting of shareholders of Ocean Power Technologies, Inc., a Delaware corporation (the "company").

Paragon Technologies, Inc. is the beneficial owner of 2,639,853 shares of common stock of the company, par value $0.001 per share ("common stock").

Paragon Technologies, Inc., and Paragon’s director nominees Hesham M. Gad, Shawn M. Harpen, Jack H. Jacobs, and Samuel S. Weiser, are the participants in the proxy solicitation. Mr. Gad, Executive Chairman of Paragon’s Board of Directors and Chief Executive Officer of Paragon, and Messrs. Jacobs and Weiser, directors of Paragon, may be deemed to beneficially own the shares of the company’s common stock held by Paragon. Ms. Harpen does not own beneficially or of record any securities of the company. Updated information regarding the participants and their direct and indirect interests in the solicitation, by security holdings or otherwise, has been and will be included in Paragon’s proxy statement and other materials filed with the SEC.

SHAREHOLDERS OF THE COMPANY SHOULD READ THE PROXY STATEMENT AND OTHER PROXY MATERIALS CAREFULLY AND IN THEIR ENTIRETY AS THEY CONTAIN IMPORTANT INFORMATION RELATING TO THE COMPANY’S ANNUAL MEETING, PARAGON’S SOLICITATION OF PROXIES AND PARAGON’S NOMINEES TO THE BOARD. SUCH PROXY MATERIALS ARE AVAILABLE AT NO CHARGE ON THE SEC’S WEBSITE AT WWW.SEC.GOV OR FROM PARAGON TECHNOLOGIES, INC. REQUESTS FOR COPIES SHOULD BE DIRECTED TO PARAGON’S PROXY SOLICITOR.

SOURCE: Paragon Technologies Inc.

View the original press release on accesswire.com

Founder of ‘Cooking with Julie’ with Tasty Tips for the New Year

ATLANTA, GA / ACCESSWIRE / February 2, 2024 / Chef Julie Hartigan has created literally thousands of recipes during her amazing career. As a professional recipe developer and TV host, she is known as the Chef with a fun personality who loves to turn every day into a party. Now, the founder of the Cooking with Julie brand is sharing some of her favorite New Year’s recipes for meals and snacks that are perfect for improving the way people eat. Whether making the family happy or creating big game party snacks, here are some ways the everyday "chef" at home can create amazing meals using the culinary "tips, tricks and hacks" of a food professional.

MAJOR FLAVOR AND NUTRITION

Whether on the go or looking for a midday snack, Chicken of the Sea is Julie’s go-to with their new Wild Caught Tuna and Salmon Packets. They are convenient, flavorful, and packed with the nutrients needed to live a healthier life. Each packet is 100 calories or less and delivers high-quality, responsibly sourced protein made with certified tuna and salmon. Try making walking salads or creating charcuterie boards with a seafood twist. Chicken of the Sea packets come in classic and lightly seasoned varieties so there is something for everyone. For more information, visit chickenofthesea.com

A BREAKFAST HACK THAT WORKS

A top grocery hack is Malt-O-Meal cereal. Available in 36 different flavors like Fruity Dyno-Bites and Cinnamon Toasters, Malt-O-Meal has delicious cereal for the whole family, at a price that can not be beat. The resealable bag keeps flavors fresh and makes it easy for kids to pour their own bowl in the morning. Malt-O-Meal cereal is available at retailers nationwide or maltomeal.com. It is the perfect addition to keep in every pantry for snacking, or meals. For more information, visit www.maltomeal.com

A HEALTHY SNACKING CHOICE

It is important to keep not just nutritious but satisfying snacks on hand, which is why a staple in any pantry should be Blue Diamond Almonds. Almonds are a great heart-healthy snack, as a strong source of daily fiber and healthy fats, which can improve cholesterol levels. With one serving packing 6 grams of protein and over 20 different flavors, Blue Diamond Almonds are a great go-to snack for satisfying both hunger and cravings. Some examples are the Smokehouse Almonds, full of smoky goodness and Wasabi & Soy Sauce Almonds, which have that wasabi kick with a salty and sweet finish! With so many flavor options, these will satisfy any game-day craving! For more information, visit www.bluediamond.com

POST | VIDEO

About TipsOnTV

TipsOnTV covers a variety of topics, including food, entertaining, personal finance, technology, travel, health, lifestyle and more.

Contact Information

R E
tipsontv@gmail.com

SOURCE: TipsOnTV

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WAUKESHA, WI / ACCESSWIRE / February 2, 2024 / Telkonet, Inc. (OTC PINK:TKOI), (the "Company"), announced today Edward L. Helvey resigned as a member of the Company’s Board of Directors (the "Board) effective January 31, 2024. Mr. Helvey’s decision to resign from the Board did not result from any disagreement with the Company on any matter relating to its operations, policies, or practices. The Company will commence a search to identify a suitable candidate to fill the Board vacancy.

ABOUT TELKONET

Telkonet Inc. is a U.S. company headquartered in Waukesha, WI. An IoT innovator focused on smart automation and energy management, Telkonet enables guests (occupants) to intelligently control energy use based on their preferences, reducing energy consumption, and improving facility management capabilities. In 2022, VDA Group S.p.A. became the Company’s majority shareholder. VDA Group S.p.A. is an Italian corporation with 40 years of experience in Guest Room Management Services (GRMS) for the hospitality market with sales companies in the United Kingdom, Middle East, and Asia Pacific operating in more than 50 countries.

Media Contacts:

Telkonet Investor Relations
414.721.7988
ir@telkonet.com

Barbara Alvino, Communication Manager
0039 3467820693
balvino@telkonet.com

SOURCE: Telkonet, Inc.

View the original press release on accesswire.com

(This release corrects the previous release that posted earlier on February 2, 2024 to clarify the PR source.)

Plymouth Blvd Productions brings you a must-see, action-packed, sci-fi thriller, "Lunar Lockdown", now streaming on ALLBLK Network.

LOS ANGELES, CA / ACCESSWIRE / February 2, 2024 / This press release is being reissued to correct the listed PR source.

Plymouth Blvd Productions hosted a star-studded world premiere of their new sci-fi movie "Lunar Lockdown" at iPic Westwood on Tuesday, January 23rd. Guests were welcomed with complimentary cocktails while the movie’s producers and talent walked the Black Carpet. AvianPR worked behind the scenes to produce this amazing screening.

The packed-out theater boasted a happy crowd engaged in the film’s synopsis, given by producer, writer and actor Damien Douglas and the film’s producer Kevin Weisberg. Guests enjoyed unlimited popcorn and candy, as well as an entree of their choice, while watching the special premiere of "Lunar Lockdown".

After a brief Q&A with film star LisaRaye McCoy, who shared pivotal moments featured during the process of filming, guests caravanned to Senator Jones for a fun after-party, where the extraordinary DJ Brian Henry set the tone for a jubilant night. A dessert bar was the perfect pairing for the champagne and cocktails that flowed as everyone celebrated Lunar Lockdown’s premiere.

Lunar Lockdown premiered on the ALLBLK network, the popular streaming service for Black television and film from AMC Networks, on Thursday, February 1st. The Lunar Lockdown World Premiere photo gallery is available here courtesy of Getty Images.

Synopsis: In the year 2075, the Earth is no longer the home of the United States’ most violent criminals. These convicts are sent to the moon to serve their time under the rule of Warden Felicity Myers (LisaRaye McCoy, A House Divided, Single Ladies). When inmate Christina Jenkins (Laila Odom, Salt-N-Pepa) arrives at the prison, she quickly finds out that serving her time quietly is not an option. The women of Orion Colony Prison are used in every way a human can be for personal gain. When an opportunity arises, Jenkins and a group of inmates come together to fight to regain their freedom and dignity. The film features LisaRaye McCoy, Cameo Sherrell (The Haves and the Have Nots), Leila Weisberg (Deadly Desire), Erica Peeples (All American), Jhone Y. Lucas (The Gen Zone), Janeshia Adams-Ginyard (Station 19), Damien Douglas, Mark Fleischmann (Infinite), Laila Odom (Salt n Peppa), Nari Blair-Mangat (Cinderella).

@WatchAllBlk | www.plymouthblvd.com

Contact Information
Avian Watson
Publicity
avian@avianpr.net
470-322-6424

Related Video

https://www.youtube.com/watch?v=0k6kRRvfSgw

SOURCE: AvianPR

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PORTLAND, OR / ACCESSWIRE / February 2, 2024 / Troy Technology Inc., a leader in legal technology innovation, proudly unveils the early beta release of Legix AI, a groundbreaking, patent-pending proprietary legal software powered by cutting-edge AI. Legix AI represents a significant advancement for the legal industry, employing sophisticated vector search technology that understands the semantics behind words and phrases, moving beyond traditional keyword-based searches. This vector-based semantic search is designed to be private, secure, and encrypted, ensuring that privileged information remains privileged, unlike open AI applications.

With its proprietary technology, Legix AI places Troy at the forefront of a new era in legal innovation. The platform is already being used daily by over 40 attorneys, evidencing its immediate impact and effectiveness. Additionally, the excitement within the legal community is evident, with more than 1000 professionals eagerly waiting to explore Legix AI’s transformative capabilities. This robust demand underscores the legal sector’s readiness for a technological revolution, with Troy technology leading the race to be one of the first, if not the first, to achieve a commercial release of such a product.

This initial release introduces a comprehensive suite of tools designed to streamline and simplify the complexities of legal work. Legix AI’s advanced features, including in-depth document analysis, support for unlimited document volumes, and efficient, streamlined legal research, are specifically engineered to meet the nuanced demands of today’s legal practitioners.

Following a successful angel investment phase, Troy is now advancing with a seed funding initiative, aiming to raise $3 million at a valuation of $15 million. This strategic financial move is set to accelerate the development and broader deployment of Legix AI, broadening access to these advanced AI benefits for a wider array of legal professionals.

Beauregard Moody, CEO of Troy, expresses his enthusiasm: "We are immensely proud of the positive impact Legix is beginning to have within the legal sector. Our mission is to arm legal professionals with state-of-the-art tools that enhance efficiency and effectiveness, ultimately making legal services more accessible. The strong interest and positive feedback from our initial users reaffirm Legix’s potential to revolutionize legal practice."

Legal professionals interested in learning more about Legix AI or joining the expanding waitlist are encouraged to visit their website at troyusa.com. For those interested in investment opportunities related to their seed funding round, please reach out to team@troyusa.com.

About Troy:

Troy Technology Inc. is reshaping the legal landscape with its AI-powered solutions, spearheading innovation, and setting new industry standards. Their commitment to excellence and innovation is making legal practices more efficient, precise, and accessible.

Country: United States
Media Contact Name: Wyatt Jones
Company: Troy Technology Inc.
Email: team@troyusa.com
Phone Number: 5417339733
Website: troyusa.com

SOURCE: Troy Technology Inc.

View the original press release on accesswire.com

VANCOUVER, BC / ACCESSWIRE / February 2, 2024 / bettermoo(d) Food Corporation (CSE:MOOO)(OTCQB:MOOOF)(Frankfurt:0I5A, WKN:A3D8PP) (the "Company" or "bettermoo(d)"), an emerging leader and innovator in the plant-based food industry, is thrilled to finally announce the long and highly anticipated official launch (the "Launch") of its flagship product, Moodrink (the "Product") across the Canadian market. Now is the time Moodrink reaches eagerly waiting consumers. The Launch is the first stage of the Company’s Canadian rollout campaign, with subsequent stages leading to the further nationwide expansion of Moodrink‘s presence into additional stores and retail chains.

The Company also announces the national listing of Moodrink with Canada’s largest grocery retail chain (the "Chain") through the Company’s distribution partner United Natural Food (UNFI) Canada. This milestone listing will comprise 298 stores under the Chain’s various banner stores across the country, ensuring Moodrink‘s extensive reach throughout the provinces and offering a seamless experience for consumers nationwide.

The Chain holds a dominant position in the Canadian grocery retail landscape, boasting millions of loyal customers and generating approximately 2 billion customer transactions per year[1]. With a 27 percent share of the grocery retail industry in Canada[2], the Chain provides an unparalleled opportunity for bettermoo(d) to tap into a vast consumer base, positioning Moodrink for long-term revenue growth.

Research conducted in 2020 indicated that the Canadian milk alternative beverages market is set to reach US$469.8 million in 2025[3]. The national listing with the Chain presents bettermoo(d) with significant market exposure, establishing the Company as an industry leader in the growing dairy alternative sector.

"We are thrilled to launch of Moodrink across Canada, marking a significant milestone for bettermoo(d). This is a new and exciting beginning as we hope to be in more than 2000 stores by the end of the year. We are currently executing our Canadian rollout plan, and this launch serves as the first step with exciting news to follow. Our next step is to expand Moodrink presence into additional stores and retail chains," Nima Bahrami, bettermoo(d) CEO.

Moodrink distinguishes itself with a remarkable nutritional profile, boasting eight grams of plant-based protein per serving and providing an excellent choice for those seeking a satisfying and nutritious beverage. With a rich source of fibre promoting smoother digestion, Moodrink surpasses most 2% milk in nutritional composition. It offers more calcium, reduced sugar and sodium, zero cholesterol, and lower fat content, making it an ideal option for individuals aiming for a balanced and health-conscious lifestyle. Beyond its nutritional excellence, Moodrink delivers an exceptional taste experience, crafted to emulate the richness of traditional dairy beverages from the Alps regions of Switzerland, France, and Austria.

ABOUT BETTERMOO(D) FOOD CORPORATION

bettermoo(d) Food Corporation is an innovative plant-based dairy alternative food and beverage company based in Vancouver, British Columbia Canada, launching Moodrink, a nutritious dairy-alternative beverage with a revolutionary flavour. Moodrink includes a blend of herbs and flowers similar to what cows ate, before the time of mass livestock production. Like rich dairy products, Moodrink contains added healthy plant fats and vitamins, so consumers don’t miss out. The "Moodrink" is just the beginning of the revolution for the Vancouver based dairy-alternative company, bettermoo(d).

Driven by the motto "What A Cow Eats and A Human Needs" bettermoo(d) seeks to produce dairy alternative products that are good for both people and the planet – ensuring that all products are nutritious and sustainably sourced, and that also emulate the great taste of traditional milk from the Alps regions of Switzerland, France and Austria. Working with food scientists, the Company’s goal is to conduct continuous food research and development programs with the aim of rolling out a full line of dairy alternative products, including Moogurt and Buetter, as well as many other products, that are better for YOU and better for the planet.

ON BEHALF OF THE BOARD of DIRECTORS

Nima Bahrami
Chief Executive Officer and Director

bettermoo(d) Food Corporation

For further information please contact:

Email: investors@bettermoodfoodcorporation.com
Website: www.bettermoo.com
Phone: 1-855-715-1865

The CSE does not accept responsibility for the adequacy or accuracy of this release.

This news release may contain certain forward-looking statements and forward looking information within the meaning of the applicable Canadian and U.S. securities laws, including the United States Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical fact, included herein including, without limitation, statements with respect to the anticipated commercial production of Moodrink, are forward-looking statements. When or if used in this news release, the words "anticipate", "believe", "estimate", "expect", "target, "plan", "forecast", "may", "schedule" and similar words or expressions identify forward-looking statements or information. Such statements represent the Company’s current views with respect to future events and are necessarily based upon a number of assumptions and estimates that, while considered reasonable by the Company, are inherently subject to significant business, economic, competitive, political and social risks, contingencies and uncertainties. Many factors, both known and unknown, could cause results, performance, or achievements to be materially different from the results, performance or achievements that are or may be expressed or implied by such forward-looking statements. The Company does not intend, and does not assume any obligation, to update these forward-looking statements or information to reflect changes in assumptions or changes in circumstances or any other events affecting such statements and information other than as required by applicable laws, rules and regulations

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STONY BROOK, NY / ACCESSWIRE / February 2, 2024 / Applied DNA Sciences, Inc. (NASDAQ:APDN) (Applied DNA), a leader in PCR-based DNA technologies, today announced that it has closed its previously announced registered direct offering of its common stock priced at-the-market under Nasdaq rules with certain existing institutional investors (collectively the "Holders") for the sale of an aggregate of 5,644,061 of its shares of common stock (or prefunded warrants in lieu thereof) at a purchase price of $0.609 per share.

In a concurrent private placement, the Company further agreed to issue to the Holders unregistered warrants to purchase up to an aggregate of 11,288,122 shares of its common stock. The warrants have an exercise price of $0.609 per share, are exercisable on the first trading day after receipt of stockholder approval, and expire on the five-year anniversary of the date of stockholder approval. The warrants cannot be exercised until their terms have been approved by the Company’s stockholders at a stockholders meeting.

Under the terms of the securities purchase agreements with the Holders, the Company has also amended the exercise price of 3,055,139 common stock warrants previously issued to and currently held by the Holders to $0.609 per warrant share and had their warrant expiration dates extended into August 2028.

Additionally, 58,074 outstanding common stock warrants held by other investors who are not participating in this offering also had their exercise price reduced to $0.609 per warrant share and had their warrant expiration dates extended into August 2028. The reduction of the exercise price and extension of expiration of such outstanding common stock warrants is also subject to approval by the Company’s stockholders at a stockholder meeting.

The Company intends to use the net proceeds from the offering for the further development of its therapeutic DNA production services, including the establishment of a fit-for-purpose manufacturing capacity for DNA critical starting materials for the manufacture of mRNA therapies, as well as general corporate purposes.

Maxim Group LLC is acting as the exclusive placement agent for the offering.

The securities described above were offered pursuant to an effective shelf registration statement on Form S-3 (File No. 333-272267) previously filed with the U.S. Securities and Exchange Commission (the "SEC") and deemed effective on June 6, 2023. The offering was made only by means of a prospectus supplement and accompanying prospectus, which has been filed with the SEC and is available on the SEC’s website located at http://www.sec.gov. Electronic copies of the prospectus supplement may be obtained, when available, from Maxim Group LLC,300 Park Avenue, 16^th Floor, New York, NY 10022.

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

About Applied DNA Sciences

Applied DNA Sciences is a biotechnology company developing technologies to produce and detect deoxyribonucleic acid ("DNA"). Using the polymerase chain reaction ("PCR") to enable both the production and detection of DNA, we operate in three primary business markets: (i) the enzymatic manufacture of synthetic DNA for use in the production of nucleic acid-based therapeutics and, through our recent acquisition of Spindle Biotech, Inc. ("Spindle"), the development and sale of a proprietary RNA polymerase ("RNAP") for use in the production of mRNA therapeutics; (ii) the detection of DNA and RNA in molecular diagnostics and genetic testing services; and (iii) the manufacture and detection of DNA for industrial supply chain security services.

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Forward-Looking Statements

The statements made by Applied DNA in this press release may be "forward-looking" in nature within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934 and the Private Securities Litigation Reform Act of 1995. Forward-looking statements describe Applied DNA’s future plans, projections, strategies, and expectations, and are based on assumptions and involve a number of risks and uncertainties, many of which are beyond the control of Applied DNA. Actual results could differ materially from those projected due to its history of net losses, limited financial resources, its need for future financing, unknown future demand for its biotherapeutics products and services, the inherent risk and unknown outcome of research and development projects, the unknown amount of revenues and profits that will result from the Linea DNA and/or Linea IVT platforms, the fact that there has never been a commercial drug product utilizing PCR-produced DNA technology and/or the Linea IVT or Linea DNA platforms approved for human therapeutic use, the anticipated use of proceeds from the offering; and various other factors detailed from time to time in Applied DNA’s SEC reports and filings, including its Annual Report on Form 10-K filed on December 7, 2023, as amended, and other reports it files with the SEC, which are available at www.sec.gov. Applied DNA undertakes no obligation to update publicly any forward-looking statements to reflect new information, events, or circumstances after the date hereof or to reflect the occurrence of unanticipated events, unless otherwise required by law.

Contacts:

Applied DNA Sciences
Investor Relations contact: Sanjay M. Hurry, 917-733-5573, sanjay.hurry@adnas.com
Web: www.adnas.com
Twitter: @APDN

SOURCE: Applied DNA Sciences, Inc.

View the original press release on accesswire.com

LA JOLLA, CA / ACCESSWIRE / February 2, 2024 / Munjal Shah, the CEO of Hippocratic AI, a startup building a large language model for non-diagnostic health care applications, will speak on the transformative potential of generative artificial intelligence in health care at the 3rd Annual West Coast Digital Healthcare Innovation Summit, held in La Jolla, California, on Feb. 6-7.

Since co-founding Hippocratic AI in 2022, Shah has been at the forefront of developing a safety-focused LLM for applications such as patient education, chronic care management, and administrative assistance. His company aims to revolutionize health care by addressing the critical shortage of sector professionals through "super-staffing," using AI to expand access to quality care.

The DHIS summit is a gathering of thought leaders and innovators in the field of digital health care, from medical professionals to entrepreneurs. It will provide an ideal platform for Shah to discuss the potential and challenges of integrating AI into health care services. His talk is expected to cover a range of topics, including the ethical considerations of AI in health care, the importance of safety and reliability in AI-driven medical applications, and how AI can bridge gaps in equity and access.

In addition to covering the role and impact of generative AI in health care, the broader agenda at the summit will cover topics such as the pursuit of commercial contracts with large health care enterprises, financing trends in digital health, the influence of the regulatory landscape on digital health in an election year, and the reinvention of clinical trials through digital health technologies. Other areas of focus include the potential transformation of value-based care, the intersection of healthtech and fintech to enhance patient affordability and the concept of incentivizing patients for healthy behaviors. The summit will culminate with the presentation of the 2024 Digital Healthcare Innovator Award.

For more information about the 3rd Annual West Coast Digital Healthcare Innovation Summit and to register for the event, please visit dhis.net/west.

About Hippocratic AI

Hippocratic AI’s mission is to develop the safest artificial Health General Intelligence (HGI). The company believes that safe HGI can dramatically improve healthcare accessibility and health outcomes in the world by bringing deep healthcare expertise to every human. No other technology has the potential to have this level of global impact on health. The company was founded by a group of physicians, hospital administrators, Medicare professionals, and artificial intelligence researchers from El Camino Health, Johns Hopkins, Washington University in St. Louis, Stanford, Google, and Nvidia. Hippocratic AI is backed by two of the pioneering healthcare investors in Silicon Valley-General Catalyst and Andreessen Horowitz – and has received a total of $67 million in funding. For more information on Hippocratic AI’s performance on 100+ Medical and Compliance Certifications, go to www.HippocraticAI.com.

About Munjal Shah

Munjal Shah is co-founder and CEO of Hippocratic AI, a generative AI and health care startup launched in 2022. Prior to Hippocratic AI, Shah built several machine learning and computer vision startups, which were eventually acquired by Google and Alibaba. Shah is an angel investor with more than 42 investments in startups and 23 investments in early-stage venture funds. He holds a bachelor’s degree in computer science from the University of California San Diego and a master’s in computer science with an emphasis on AI from Stanford University.

Contact: Press Team
press@hippocraticai.com

SOURCE: Hippocratic AI

View the original press release on accesswire.com