Day: December 18, 2019

– Total award valued at up to $285 million – Paratek to host a conference call today, December 18, 2019 at 5:30 p.m. ESTBOSTON, Dec. 18, 2019 (GLOBE NEWSWIRE) — Paratek Pharmaceuticals, Inc. (NASDAQ: PRTK), a commercial-stage biopharmaceutical company focused on the development and commercialization of innovative therapeutics, announced today that the Department of Health and Human Services (HHS), Office of the Assistant Secretary for Preparedness and Response (ASPR), and Biomedical Advanced Research and Development Authority (BARDA) has awarded the Company a 5-year contract, with an option to extend to 10-years, to support the development of Paratek’s NUZYRA® (omadacycline) for the treatment of pulmonary anthrax, FDA post-marketing requirements (PMR) associated with the initial NUZYRA approval, and...

CLEARFIELD, Pa., Dec. 18, 2019 (GLOBE NEWSWIRE) — CNB Financial Corporation (NASDAQ: CCNE), the parent company of CNB Bank, today announced that it has entered into a definitive agreement to acquire Bank of Akron (OTC: BARK) for $215 per share in cash and stock, or approximately $64.5 million in the aggregate. Headquartered in Akron, NY, Bank of Akron had approximately $389 million in total assets and $38.4 million in shareholders’ equity as of September 30, 2019.Bank of Akron serves the western New York markets of Akron, Clarence, Clarence Center, Lancaster, and Wilson with six branch locations. Following completion of the merger, Bank of Akron will operate as BankOnBuffalo, a division of CNB Bank, which has branch offices in downtown Buffalo, Williamsville, Orchard Park and Niagara Falls. Martin T. Griffith will continue...

RED BANK, N.J., Dec. 18, 2019 (GLOBE NEWSWIRE) — OceanFirst Financial Corp. (NASDAQ:OCFC) (the “Company”), the holding company for OceanFirst Bank, today announced the authorization of the Board of Directors of the 2019 Stock Repurchase Program to repurchase approximately 5% of the Company’s outstanding common stock up to an additional 2,500,000 shares. This amount is in addition to the remaining 167,996 shares available under the existing 2017 Repurchase Program.The Company believes the repurchase of shares remains a good long-term investment opportunity due to the current market prices of the common stock; general market and economic conditions affecting the Company, the Bank and the banking industry in general; and the other alternatives available for investment by the Company. OceanFirst Financial Corp.’s...

MELBOURNE, Australia, Dec. 18, 2019 (GLOBE NEWSWIRE) — Sam Riggall, Chief Executive Officer of Clean TeQ Holdings Limited (Clean TeQ or Company) (ASX/TSX:CLQ; OTCQX:CTEQF), is pleased to announce a collaboration with Panasonic Corporation Global Procurement Company to develop applications for Scandium Aluminium Alloys for Panasonic Group.  The two companies have also agreed a binding Scandium Offtake Heads of Agreement for Clean TeQ to supply up to five tonnes per annum of scandium oxide (volumes to be determined at Panasonic’s election) from the Company’s Sunrise Project in Australia. The collaboration is consistent with Clean TeQ’s long term strategy to work with, and assist, established industry players to investigate and develop new applications for scandium-aluminium alloys.  The Company’s...

HOLLAND LANDING, Ontario, Dec. 18, 2019 (GLOBE NEWSWIRE) — Inscape (TSX: INQ), a leading designer and manufacturer of furnishings for the workplace, today announced it has filed its Amended and Restated Management Discussion and Analysis for the three months ended July 31, 2019 (“Amended MD&A”) to correct the Adjusted EBITDA1 in the original MD&A for the three months ended July 31, 2019 filed on September 12, 2019 (the “Original MD&A”), as follows.The correction of the Adjusted EBITDA loss for the three months ended July 31, 2019 from $0.14 million to $0.68 million. The correction was made due to a formula error in the spreadsheet supporting the first quarter Adjusted EBITDA loss calculation.There are no changes required to Inscape’s unaudited condensed interim consolidated financial...

NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION TO UNITED STATESVANCOUVER, British Columbia, Dec. 18, 2019 (GLOBE NEWSWIRE) — Lumina Gold Corp. (TSXV: LUM) (OTCQX: LMGDF) (the “Company” or “Lumina”) is pleased to announce that it has closed its previously announced non-brokered private placement (please refer to the Company’s December 2, 2019 and December 6, 2019 press releases). A total of 18,004,000 common shares (the “Shares”) were sold at a price of C$0.50 per Share for aggregate gross proceeds of approximately C$9.0 million (the “Offering”). Ross J. Beaty has subscribed for 9,690,000 Shares, taking his ownership in Lumina from 17.95% to 19.90% on a non-diluted basis.The net proceeds of the Offering will be used to fund study work at the Cangrejos...

HOUSTON, Dec. 18, 2019 (GLOBE NEWSWIRE) — Kayne Anderson MLP/Midstream Investment Company (NYSE: KYN) (the “Company”) announced today its monthly distributions of $0.12 per share for each of January, February, and March 2020. These monthly distributions will be payable to common stockholders pursuant to the table below.(1)   The return of capital estimate is based on the Company’s anticipated earnings and profits for fiscal 2020. The final determination of the tax character of distributions will be made in early 2021 and may differ substantially from this preliminary information.The Company announced that it plans to maintain the monthly distribution at $0.12 per share for the next 12 months (through the distribution to be paid in December 2020). Beyond this 12-month guidance period, management expects...

NEW YORK, NY, Dec. 18, 2019 (GLOBE NEWSWIRE) — Fellazo Inc. (the “Company”) announced today that, on December 13, 2019, the Company received a notice from the Listing Qualification Staff (the “Staff”) of The Nasdaq Stock Market LLC (“Nasdaq”) stating that, based upon its review of the Company’s filings with the Securities and Exchange Commission (“SEC”) and the materials submitted by the Company to Nasdaq, the Staff had determined to (i) deny the Company’s extension request through May 18, 2020 to evidence compliance with Nasdaq Listing Rule 5250(c)(1) due to the Company’s failure to timely file its Quarterly Report on Form 10-Q for the fiscal quarter ended September 30, 2019 (“Form 10-Q”), and (ii) delist the Company’s securities from Nasdaq for its...

FOREST CITY, Iowa, Dec. 18, 2019 (GLOBE NEWSWIRE) — Winnebago Industries, Inc. (NYSE:WGO), a leading outdoor lifestyle product manufacturer, today announced that on December 18, 2019, the Company’s Board of Directors approved a quarterly cash dividend of $0.11 per share payable on January 29, 2020, to common stockholders of record at the close of business on January 15, 2020.About Winnebago IndustriesWinnebago Industries, Inc. is a leading U.S. manufacturer of recreation vehicles under the Winnebago, Grand Design, Newmar and Chris-Craft brands, which are used primarily in leisure travel and outdoor recreation activities.  The Company builds quality motorhomes, travel trailers, fifth wheel products and boats. Winnebago Industries has multiple facilities in Iowa, Indiana, Oregon, Minnesota and Florida. The Company’s...

HOUSTON, Dec. 18, 2019 (GLOBE NEWSWIRE) — Kayne Anderson Midstream/Energy Fund, Inc. (NYSE: KMF) (the “Fund”) announced today its monthly distributions of $0.075 per share for each of January, February, and March 2020. These monthly distributions will be payable to common stockholders pursuant to the table below.(1)   The return of capital estimate is based on the Fund’s anticipated earnings and profits for fiscal 2020. The final determination of the tax character of distributions will be made in early 2021 and may differ substantially from this preliminary information.The Fund announced that it plans to maintain the monthly distribution at $0.075 per share for the next 12 months (through the distribution to be paid in December 2020). Beyond this 12-month guidance period, management expects to recommend...