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Day: November 29, 2019

Spero Therapeutics Announces Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)

CAMBRIDGE, Mass., Nov. 29, 2019 (GLOBE NEWSWIRE) — Spero Therapeutics, Inc. (Nasdaq: SPRO), a multi-asset clinical-stage biopharmaceutical company focused on identifying, developing and commercializing treatments in high unmet need areas involving multi-drug resistant (MDR) bacterial infections and rare diseases, today announced that on November 29, 2019 the Compensation Committee of Spero’s Board of Directors granted non-qualified stock option awards to purchase an aggregate of 54,000 shares of its common stock to three new employees under the Spero Therapeutics, Inc. 2019 Inducement Equity Incentive Plan, or the 2019 Inducement Plan. The stock options were granted as inducements material to the new employees becoming employees of Spero in accordance with Nasdaq Listing Rule 5635(c)(4).The 2019 Inducement Plan is used exclusively...

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Pender Growth Fund Provides Financial Highlights and Company Updates

VANCOUVER, British Columbia, Nov. 29, 2019 (GLOBE NEWSWIRE) — (TSXV: PTF) Pender Growth Fund Inc. (the “Company”) today announced its financial and operational results for the three and nine months ended September 30, 2019.Financial Highlights (Unaudited)Net assets per Class C common share (“Share”) as at September 30, 2019 were $3.93 (December 31, 2018 – $4.14).Management Expense Ratio (“MER”) was 3.44% for the quarter ended September 30, 2019, down from 3.76% over same period in the prior year, primarily due to the reduction in management fee rates announced in June 2019.The Company’s net assets as at September 30, 2019 were $31.8 million (December 31, 2018 – $17.2 million) and Shares outstanding were 8,083,329 (December 31, 2018 – 4,152,545), both increased as a result of the public offering of Shares in Q2 of this...

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Midpoint Launches Malaysian Ringgit and Promotes Hertz Zhang to Operations Director

LONDON, Nov. 29, 2019 (GLOBE NEWSWIRE) — Midpoint Holdings Limited (TSXV: MPT) (“Midpoint” or the “Company”) is pleased to announce that the Company has launched Malaysian ringgit (MYR) local payments.  Further, the Company provides a progress update, including achieving key milestones in operations turnover, progression in technological development in preparation of offering virtual bank accounts, and appointing an operations Director to the operating company.Midpoint launches Malaysian ringgit

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Automotive Finco Corp. Files Condensed Interim Consolidated Financial Statements for the Nine Months Ended September 30, 2019

Not for distribution to United States newswire services or for dissemination in the United States. This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States.TORONTO, Nov. 29, 2019 (GLOBE NEWSWIRE) — Automotive Finco Corp. (TSX-V: AFCC.V) (the “Company”) today announced that it has filed condensed interim consolidated financial statements for the nine months ended September 30, 2019. The statements together with the Management Discussion and Analysis can be found on SEDAR at www.sedar.com.About Automotive Finco Corp.Automotive Finco Corp (“AFCC”) is a high growth specialty finance company focused exclusively on the auto retail sector. Through its investment in Automotive Finance LP, the Company has exposure to a business providing long term, debt based acquisition...

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Consolidated Interim Report and Accounts – 3rd Quarter 2019 – Attachment Included

Tórshavn, Faroe Islands, 2019-11-28 (GLOBE NEWSWIRE) — P/F Atlantic Petroleum (NASDAQ Copenhagen: ATLA DKK & Oslo Stock Exchange: ATLA NOK) today posts its 3rd quarter results for 2019. This announcement should be read in conjunction with Atlantic Petroleum’s Consolidated Interim Report attached to this announcement.Highlights for Q3 2019:Net loss: DKK 23.4MM (Q2: DKK 17.4MM)Gross profit was DKK 0.0MM (Q2: DKK 0.0MM)Operating loss was DKK 5.1MM (Q2: DKK 4.0MM)Net assets/share-holders equity was DKK 51.7MM (Q2: DKK 54.0MM)Bank debt was DKK 53.0MM (Q2: DKK 52.4MM)G&A cost was DKK 4.6MM (Q2: DKK 3.8MM)Whilst the expectation to Orlando reserves remain within the expected envelope, the field production is restricted at around 5,000 bopd, and realized production is at around 3,300 bopd. The production numbers mean that there...

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Consolidated Interim Report and Accounts – 3rd Quarter 2019

Tórshavn, Faroe Islands, 2019-11-28 (GLOBE NEWSWIRE) — P/F Atlantic Petroleum (NASDAQ Copenhagen: ATLA DKK & Oslo Stock Exchange: ATLA NOK) today posts its 3rd quarter results for 2019. This announcement should be read in conjunction with Atlantic Petroleum’s Consolidated Interim Report attached to this announcement.Highlights for Q3 2019:Net loss: DKK 23.4MM (Q2: DKK 17.4MM)Gross profit was DKK 0.0MM (Q2: DKK 0.0MM)Operating loss was DKK 5.1MM (Q2: DKK 4.0MM)Net assets/share-holders equity was DKK 51.7MM (Q2: DKK 54.0MM)Bank debt was DKK 53.0MM (Q2: DKK 52.4MM)G&A cost was DKK 4.6MM (Q2: DKK 3.8MM)Whilst the expectation to Orlando reserves remain within the expected envelope, the field production is restricted at around 5,000 bopd, and realized production is at around 3,300 bopd. The production numbers mean that there...

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StrongPoint ASA: 500 Cash Guard units to BULLION it

StrongPoint ASA: 500 Cash Guard units to BULLION it(Rælingen, Norway, November 29th, 2019): BULLION it, our partner in South Africa, has ordered 500 Cash Guard units from StrongPoint. “Bullion is one of our most established CashGuard partners and we are delighted with their success on the South African market. Our CashGuard solution is very well suited for markets like South Africa, where cash security is of high importance, which this order from Bullion really proves.” says Jacob Tveraabak, CEO of StrongPoint. Bullion has ordered 500 CashGuard units for delivery first half of 2020, with end delivery to one of the biggest banks in South Africa. StrongPoint will integrate its cloud based central management software – Retail Suite – with the bank’s back-end systems for cash prediction, delivery and pickup. Automated cash...

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Hemostemix Announces Appointment of Director

CALGARY, Alberta, Nov. 29, 2019 (GLOBE NEWSWIRE) — Hemostemix Inc. (“Hemostemix” or the “Company”) (TSX VENTURE: HEM; OTCQB: HMTXF), a biotechnology company focused on developing and commercializing innovative blood-derived stem cell therapies for medical conditions not adequately addressed by current treatments, announces the appointment of Mr. Thomas Smeenk, BA, to the Company’s board of directors (“the “Board”) effective November 26, 2019, subject to customary TSX Venture Exchange (“TSXV”) approval.Mr. Smeenk was President and CEO of Broadway Gold Mining Ltd., a TSV Venture issuer from May 2018 to April, 2019 where he closed a $30 Million earn-in agreement with Rio Tinto, was Director, Business Development, Bullion Management Group Inc. from January 2016 to November 2017 and Vice President, Business Development Memex Inc., a...

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Unaudited consolidated financial report of VALMIERAS STIKLA ŠĶIEDRA, AS for 9 months period ended 30 September 2019

The consolidated net sales of VALMIERAS STIKLA ŠĶIEDRA, AS and its subsidiaries (hereinafter – VALMIERA GLASS GROUP or the GROUP) in the first nine months of 2019 have reached 99.1 million euros. Compared to the sales of the GROUP in the same period of year 2018 it has increased by 8 million euros or 9% (y-o-y). VALMIERA STIKLA SKIEDRA AS standalone net sales in the first nine months of 2019 were 71.8 million (+0.5% vs 9M 2018), VALMIERA GLASS UK Ltd. net sales were 18.8 million and P-D VALMIERA GLASS USA Corp. reached 20.2 million.The GROUP’s EBITDA was €4 million, which is a decrease by €855 thousand (-18% vs 9M 2018), EBIT increased by €2.6 million (+40% vs 9M 2018) million and net profit remained negative indicating €6.1 million loss, yet showed positive tendency and improved by €2.7 million (+30% vs 9M 2018). Decline is caused by...

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AS VALMIERAS STIKLA ŠĶIEDRA neauditēts konsolidētais finanšu pārskats par 2019. gada pirmajiem 9 mēnešiem

AS VALMIERAS STIKLA ŠĶIEDRA un tās meitas uzņēmumu (turpmāk tekstā – VALMIERA GLASS GRUPA vai GRUPA) konsolidētais neto apgrozījums 2019. gadā 9 mēnešu periodā sasniedzis 99,1 miljonu eiro. Salīdzinot ar 2018. gada 9 mēnešu GRUPAS rezultātu, vērojams pieaugums par 8 miljoniem eiro jeb 9%. VALMIERA STIKLA SKIEDRA AS neto apgrozījums pirmajos deviņos 2019. gada mēnešos uzrāda 71,8 miljonus eiro (+0,5% pret 9M 2018), VALMIERA GLASS UK Ltd. uzrāda 18,8 miljonus un P-D VALMIERA GLASS USA Corp. sasniedza 20,2 miljonus lielu neto apgrozījumu.GRUPAS EBITDA  sastādīja 4 miljonus eiro, kas ir kritumu par 855 tūkstošiem eiro (-18% pret 9M 2018), EBIT pieaugums par 2,6 miljoniem eiro (+40% pret 9M 2018), tīrā peļņa saglabājusies negatīva, uzrādot 6,1 miljona eiro zaudējumus, tomēr redzama pozitīva tendence, zaudējumiem samazinoties par 2,7...

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