Day: December 6, 2019

VANCOUVER, British Columbia, Dec. 06, 2019 (GLOBE NEWSWIRE) — Eco Oro Minerals Corp. (CSE:EOM) (the “Company” or “Eco Oro”) is pleased to announce that it has issued a US$6,500,000 demand promissory note (the “Promissory Note”) to Trexs Investments, LLC (“Trexs”). The Promissory Note will bear interest at a rate of 10% per annum and will be secured by a general security interest over all of the Company’s assets. The net proceeds from the Promissory Note will be used for general corporate purposes, including financing the Company’s ongoing arbitration with the Republic of Colombia. The Company may prepay the Promissory Note at any time without premium or penalty.In connection with the issuance of the Promissory Note, the US$7,000,000 “Second Tranche” of the Company’s previously announced US$35,000,000 private placement as set out...

NEW YORK, Dec. 06, 2019 (GLOBE NEWSWIRE) — Stemline Therapeutics, Inc. (Nasdaq: STML), a commercial-stage biopharmaceutical company focused on the development and commercialization of novel oncology therapeutics, today announced the appointment of Robert M. Francomano as Chief Commercial Officer.Most recently, Mr. Francomano served as Senior Vice President, Global Head of Commercial and Medical Affairs for Stemline. Prior to this, Mr. Francomano garnered extensive oncology experience operating in global roles for Baxalta, Pfizer and GlaxoSmithKline, where he developed strategies for assets in clinical development from Phase I through Phase IV. His geographic responsibilities included the United States, the European Union, Latin America, and Asia-Pacific regions. Mr. Francomano also held positions of increasing responsibility within...

WINNIPEG, Manitoba, Dec. 06, 2019 (GLOBE NEWSWIRE) — DELTA 9 CANNABIS INC. (TSX: DN) (OTCQX: VRNDF) (“Delta 9” or the “Company”), is pleased to announce that on December 4, 2019 it received an updated processing license from Health Canada. The license authorizes Delta 9 to sell cannabis extracts, cannabis topicals, and edible cannabis products as defined under the Cannabis Regulations (Canada). This development, following the Company’s submission to Health Canada of new product notifications for nine (9) new derivative cannabis products on November 5, 2019, means the Company will be authorized to begin sales of cannabis extracts on January 5, 2020“This is an exciting milestone for us,” said John Arbuthnot, CEO of Delta 9, “Our team has worked tirelessly toward our initial rollout of vaporizable oil cartridges, disposable vape oil...

ST. LOUIS, Dec. 06, 2019 (GLOBE NEWSWIRE) — Stifel Financial Corp. (“Stifel”) (NYSE: SF) today announced that it has completed the acquisition of substantially all of the capital markets business of GMP Capital Inc. (“GMP”) (TSX: GMP), a leading independent investment banking franchise based in Canada.  “We are building a premier investment bank focused on the middle market and this is yet another extension of executing on that strategy,” said Ronald J. Kruszewski, Chairman and CEO of Stifel. “The addition of GMP’s talented individuals expands our global business model into the vibrant Canadian market with a focus on technology, healthcare, cannabis, and energy verticals. We are excited to welcome Harris Fricker and his team to Stifel.” Founded in 1995, GMP’s capital markets business offers corporate clients and institutional investors...

Year 2018 consolidated net sales of VALMIERAS STIKLA ŠĶIEDRA, AS and its subsidiaries (hereinafter – VALMIERA GLASS GROUP or the GROUP) amounted to EUR 114.2 million. Compared to year 2017, the GROUP’s net sales have decreased by EUR 11.6 million (9.2% y-o-y). The consolidated operating profit (EBITDA) was negative and amounted to EUR -98.6 million, as opposed to EUR 18.4 million EBITDA and 14.7% EBITDA margin in 2017. Earnings before interest and taxes (EBIT) were negative in the amount of EUR -114.7 million (EUR 7.5 million in 2017). The GROUP’s net result for year 2018, attributable to the owners of the GROUP’s parent company, amounted to EUR -56.9 million.The negative result of year 2018 was caused by the poor financial performance of the GROUP’s subsidiary in the United States P-D VALMIERA GLASS USA Corp., and one-off accounting...

AS VALMIERAS STIKLA ŠĶIEDRA un tā meitasuzņēmumu (turpmāk tekstā – VALMIERA GLASS GRUPA vai GRUPA) konsolidētais neto apgrozījums 2018. gadā bija 114,2 miljoni EUR. Salīdzinājumā ar 2017. gadu GRUPAS neto apgrozījums ir samazinājies par 11,6 miljoniem EUR (9,2 %). Peļņa pirms procentu maksājumiem, nodokļiem, nolietojuma un amortizācijas (EBITDA) bija negatīva, proti, -98,6 miljoni EUR salīdzinājumā ar 18,4 miljoniem EUR vai 14,7 % EBITDA normas 2017. gadā. Peļņa pirms procentu maksājumiem un nodokļiem (EBIT) sastādīja -114,7 miljonus EUR (7,5 miljoni EUR 2017.gadā). GRUPAS neto zaudējumi, kas attiecināmi uz GRUPAS mātesuzņēmuma īpašniekiem 2018. gadā, bija 56,9 miljoni EUR.Šis negatīvais rezultāts ir saistīts ar sliktajiem GRUPAS meitasuzņēmuma P-D VALMIERA GLASS USA Corp. darbības rādītājiem ASV, kā arī vienreizējām grāmatvedības korekcijām,...

BURLINGTON, Ontario, Dec. 06, 2019 (GLOBE NEWSWIRE) — Rapid Dose Therapeutics Corp. (CSE: DOSE) (“RDT” or the “Corporation”) is pleased to announce that all of the nominees listed in the Corporation’s management information circular dated November 11, 2019 were elected as directors of the Corporation at the Annual General and Special Meeting of Shareholders held today, Friday, December 6, 2019 (the “Meeting”) and all of the other matters considered by the shareholders at the Meeting were approved.The following table provides detailed proxy results of matters considered and voted upon at the Meeting:The Corporation also announces that Ian Fodie, the current Chief Financial Officer of the Corporation, has resigned with an ending date of December 10, 2019.  “On behalf of the entire Board and management of the Corporation, I would like...

TORONTO, Dec. 06, 2019 (GLOBE NEWSWIRE) — Urbana Corporation (“Urbana” or the “Corporation”) (TSX & CSE: URB & URB.A) today announced that it has entered into an updated management and advisory agreement (the “Updated Management Agreement”) with its manager, Caldwell Investment Management Ltd. (“CIM”).The independent directors of the Corporation (the “Independent Committee”) acting as a committee of the Corporation’s Board reviewed and oversaw the negotiation of the Updated Management Agreement, including the investment management fees paid to CIM as the investment manager of Urbana thereunder. The Independent Committee engaged Crosbie & Company Inc., an independent financial advisory firm, to provide an analysis and comparison of the investment management fees paid to CIM by Urbana with arm’s length compensation...

NASHVILLE, Tenn., Dec. 06, 2019 (GLOBE NEWSWIRE) — Ryman Hospitality Properties, Inc. (NYSE: RHP) today announced that its Board of Directors declared a cash dividend of $0.90 per share of common stock payable on January 15, 2020 to stockholders of record on December 31, 2019.About Ryman Hospitality Properties, Inc.Ryman Hospitality Properties, Inc. (NYSE: RHP) is a REIT for federal income tax purposes, specializing in group-oriented, destination hotel assets in urban and resort markets. The Company’s owned assets include a network of four upscale, meetings-focused resorts totaling 8,114 rooms that are managed by lodging operator Marriott International, Inc. under the Gaylord Hotels brand. The Company is a joint venture owner of the 1,501-room Gaylord Rockies Resort & Convention Center, which is also managed by Marriott International,...

Fenyang City, China, Dec. 06, 2019 (GLOBE NEWSWIRE) — Oranco, Inc. (“Oranco” or the “Company”) (OTC: ORNC), a company engaged in marketing and wholesale of self-branded liquors and wines in China, announced today that the Company officially launched its blockchain-based anti-counterfeiting laser recognition proprietary technology (the “Huaxin Cellar Blockchain ”) and E-Commerce Trading Platform powered by the Huaxin Cellar Blockchain (the “Platform”).As previously disclosed on press release issued on September 27, 2019, the Huaxin Cellar Blockchain had finished its testing phase and the Company planned to launch the Huaxin Cellar Blockchain platform soon.Huaxin Cellar Blockchain offers the following advantages in terms of securing the authenticity of the Company’s alcoholic beverage products: tamper-proof...