Day: December 19, 2019

Spirit Banner Announces Results of Annual General and Special Meeting of Shareholders and Update on Qualifying Transaction

Written by Customer Service on December 19, 2019. Posted in Public Companies.

TORONTO, Dec. 19, 2019 (GLOBE NEWSWIRE) — Spirit Banner Capital Corp. (“Spirit Banner” or the “Corporation”) (TSX-V: SBCC.P) is pleased to announce that at an annual general and special meeting of shareholders (the “Meeting”) held on December 18, 2019, shareholders approved certain preconditions for completion of the Corporation’s business combination transaction (the “Proposed Transaction”) with Ion Energy Ltd. It is expected the Proposed Transaction will qualify as the Corporation’s “Qualifying Transaction” under the policies of the TSX Venture Exchange (the “TSXV”).At the Meeting, shareholders approved by special resolution conditions precedent for completion of the Proposed Transaction, namely the consolidation of the issued and outstanding common...

Mitek Announces $10 Million Share Repurchase Program

Written by Customer Service on December 19, 2019. Posted in Public Companies.

SAN DIEGO, Dec. 19, 2019 (GLOBE NEWSWIRE) — Mitek (NASDAQ: MITK), a global leader in mobile capture and digital identity verification solutions, today announced that its Board of Directors authorized a share repurchase program for up to $10 million of its outstanding common stock.The share repurchase program is effective immediately and will expire December 16, 2020. The purchases under the share repurchase program may be made from time to time in the open market, through block trades, 10b5-1 trading plans, privately negotiated transactions or otherwise and in accordance with applicable laws, rules and regulations. The timing and actual number of the shares repurchased will depend on a variety of factors including price, market conditions and corporate and regulatory requirements. The company intends to fund the share repurchases...

Jade Power Issues Trust Units Under Unit Purchase Plan

Written by Customer Service on December 19, 2019. Posted in Public Companies.

TORONTO, Dec. 19, 2019 (GLOBE NEWSWIRE) — Jade Power Trust (“Jade Power” or the “Trust”) (TSXV: JPWR.UN) announces that an aggregate of 875,840 trust units in the capital of the Trust (the “Qualifying Units”) have been issued under the Trust’s Unit Purchase Plan (the “Plan”) at a price of $0.155 per trust unit. Under the terms of the Plan, each participant is entitled to receive a matching number of trust units acquired pursuant to the Plan at no cost to such participant (the “Deferred Matching Units”). Subject to certain conditions, the Deferred Matching Units will be issued to participants over a three year period following the date of the purchase of the Qualifying Units. As such, an additional 875,840 Deferred Matching Units may be issued in three equal tranches...

Axovant Provides Clinical Program Update for AXO-AAV-GM1, a Novel Investigational Gene Therapy for GM1 Gangliosidosis

Written by Customer Service on December 19, 2019. Posted in Public Companies.

NEW YORK and BASEL, Switzerland, Dec. 19, 2019 (GLOBE NEWSWIRE) — Axovant Gene Therapies Ltd. (NASDAQ: AXGT) today announced preliminary findings from an expanded access treatment in which a single patient with GM1 gangliosidosis was administered investigational AXO-AAV-GM1 gene therapy.GM1 gangliosidosis is a progressive and fatal pediatric lysosomal storage disorder caused by mutations in the GLB1 gene leading to impaired production of the β-galactosidase enzyme. AXO-AAV-GM1 is an investigational gene therapy that delivers a functional copy of the GLB1 gene via an adeno-associated viral (AAV9) vector, with the goal of restoring β-galactosidase enzyme activity. The natural history of GM1 gangliosidosis demonstrates progressive neurological decline including worsening of swallowing ability, which impacts nutritional status,...

Purpose Investments Inc. Announces Revision to December 2019 Distributions for Purpose High Interest Savings ETF and Purpose US Cash ETF

Written by Customer Service on December 19, 2019. Posted in Dividend Reports And Estimates.

TORONTO, Dec. 19, 2019 (GLOBE NEWSWIRE) — Purpose Investments Inc. announced today a revision to the December 2019 distributions for Purpose High Interest Savings ETF (ETF ticker: PSA) and Purpose US Cash ETF (ETF ticker: PSU.U).The distribution for Purpose High Interest Savings ETF was revised to $0.0987 per unit, and the distribution for Purpose US Cash ETF was revised to US$0.1465 per unit. The ex-distribution date and record date was revised to December 31, 2019 for both ETFs.The following table reflects the revised distribution rates per unit:About Purpose Investments Inc.Purpose Investments is an asset management company with over $8 billion in assets under management. Purpose Investments has an unrelenting focus on client-centric innovation, and offers a range of managed and quantitative investment products. Purpose Investments...

Norsk Hydro: Power outage affecting production at Paragominas and Alunorte

Written by Customer Service on December 19, 2019. Posted in Public Companies.

On December 18, a transmission tower overturned, ceasing power supply to Hydro’s Paragominas bauxite mine in Brazil, temporarily halting the production at the mine. Production at Hydro’s alumina refinery Alunorte will consequently be temporarily reduced to between 50-70% of capacity to prolong the lifetime of the bauxite inventories. The 244 km bauxite pipeline going from Paragominas to Alunorte has been emptied using back-up power. There were no personnel injuries or damages to other production assets related to the power outage.Hydro is taking the necessary measures to resolve the situation, and regular power supply to Paragominas is expected to resume within 5-10 days. Financial impact is estimated to be limited and we do not expect any customer impact. ‘Investor contactContact Stian HasleCellular...

Norsk Hydro: Strømbrudd påvirker produksjonen ved Paragominas og Alunorte

Written by Customer Service on December 19, 2019. Posted in Public Companies.

En høyspentmast som veltet 18. desember førte til strømbrudd for Hydros bauksittgruve Paragominas i Brasil og har midlertidig stanset produksjonen ved gruven. Produksjonen ved Hydros aluminaraffineri Alunorte har som en konsekvens blitt midlertidig redusert til mellom 50 og 70 prosent av kapasiteten for å forlenge levetiden til bauksittlagrene.Den 244 kilometer lange bauksittrørledningen mellom Paragominas og Alunorte er etter strømbruddet tømt ved hjelp av reservekraft. Det er ingen personskader eller skader på produksjonsutstyr relatert til strømbruddet.Hydro iverksetter nødvendige tiltak for å håndtere situasjonen, og det er forventet at ordinær strømforsyning til Paragominas er gjenopprettet innen 5-10. dager Den finansielle effekten...

GT Gold Drills 124.00 metres of 1.11 g/t Au, 0.68% Cu (1.50% CuEq, 2.05 g/t AuEq) at Saddle North

Written by Customer Service on December 19, 2019. Posted in Public Companies.

Including 51.00 metres at 1.34 g/t Au, 0.76% Cu (1.75% CuEq; 2.40 g/t AuEq),within359.00 metres of 0.68 g/t Au, 0.49% Cu (1.00% CuEq, 1.37 g/t AuEq), and within520.00 metres of 0.55 g/t Au, 0.43% Cu (0.84% CuEq; 1.15 g/t AuEq) in Hole TTD143VANCOUVER, British Columbia, Dec. 19, 2019 (GLOBE NEWSWIRE) — GT Gold (TSX-V:GTT) (the “Company” or “GT Gold”) is pleased to announce results from the last six drill holes from its 15,000-metre Phase 2 exploration program at its 100% owned Saddle North Cu-Au porphyry system in northwest B.C. All 2019 drill holes have now been reported from Saddle North, and final assays for the four drill holes from Saddle South are pending release expected early in the new year.Drill holes TTD141, TTD142, TTD143 and TTD144 were southeasterly inclined drill holes drilled...

Highwoods Announces $89.6M of Memphis Asset Sales

Written by Customer Service on December 19, 2019. Posted in Public Companies.

RALEIGH, N.C., Dec. 19, 2019 (GLOBE NEWSWIRE) — Highwoods Properties, Inc. (NYSE:HIW) has sold International Paper IV, a 248,000 square foot, single customer building, for $76.4 million and expects to close on the sale of Atrium I and II, a two-building office complex encompassing 84,000 square feet, prior to December 31, 2019 for $13.2 million. These office properties, located in Memphis, are a combined 96% occupied and are projected to generate $5.9 million of annual cash and GAAP net operating income in 2020.The Company expects to record non-FFO gains of approximately $29.3 million in the fourth quarter of 2019 in connection with these sales.Ted Klinck, President and Chief Executive Officer of Highwoods Properties, said, “These sales are the first closings of our market rotation plan to exit the Greensboro and Memphis markets...

Abeona Therapeutics Announces Public Offering of Common Stock and Pre Funded Warrants

Written by Customer Service on December 19, 2019. Posted in Public Companies.

NEW YORK and CLEVELAND, Dec. 19, 2019 (GLOBE NEWSWIRE) — Abeona Therapeutics Inc. (Nasdaq: ABEO), a fully-integrated leader in gene and cell therapy, today announced that it intends to offer and sell shares of its common stock, and pre-funded warrants in lieu of common stock, in an underwritten public offering pursuant to an existing shelf registration statement. All of the securities in the offering are to be sold by Abeona. The offering is subject to market conditions, and there can be no assurance as to whether or when the offering may be completed, or as to the actual size or terms of the offering.An existing holder of the Company’s common stock, Great Point Partners (“GPP”), has indicated its intention to purchase up to $33 million in the offering, including pre-funded warrants in lieu of common stock, subject...

Day: December 19, 2019

Disclaimer & Cookie Notice

Welcome to GOLDEA services for Professionals