Day: December 20, 2019

SAN FRANCISCO and TEL AVIV, Israel, Dec. 20, 2019 (GLOBE NEWSWIRE) — Kalytera Therapeutics, Inc. (TSX VENTURE: KLY and OTCQB: KALTF) (the “Company” or “Kalytera“) today announced that it has not paid the principal (in the amount of C$453,000) and interest (in the amount of C$19,323.96) owing on its 9% secured convertible debentures due December 20, 2019 (the “Debentures”).  The Company instead intends to seek approval from the TSX Venture Exchange (the “TSXV”) and the holders of outstanding Debentures (collectively, the “Holders”) to extend the maturity date thereof to December 20, 2020 and to reduce the conversion price of the Debentures to C$0.05 per Common Share (from C$0.13 per Common Share).There is no assurance that the amendments requested by the Company will...

MONTRÉAL, Dec. 20, 2019 (GLOBE NEWSWIRE) — Le Château Inc. (TSX VENTURE: CTU), today reported financial results for the third ended October 26, 2019. Unless otherwise indicated, the Company’s results for the third quarter reflect the impact of the implementation of IFRS 16, as described below under “Adoption of IFRS 16 – Leases”.Sales for the third quarter ended October 26, 2019 amounted to $42.1 million as compared with $45.1 million for the third quarter ended October 27, 2018, a decrease of 6.5%, with 12 fewer stores in operation. Comparable store sales, which include online sales, decreased 4.0% versus the same period a year ago, with comparable regular store sales decreasing 4.0% and comparable outlet store sales decreasing 3.9% (see non-GAAP measures below). Sales continue to be negatively...

MONTRÉAL, 20 déc. 2019 (GLOBE NEWSWIRE) — Le Château Inc. (TSX-CROISSANCE : CTU) a annoncé aujourd’hui ses résultats financiers pour le troisième trimestre clos le 26 octobre 2019. Sauf indication contraire, les résultats de la Société pour le troisième trimestre tiennent compte de l’incidence de la mise en œuvre de l’IFRS 16, qui est décrite ci-après à la rubrique « Adoption de l’IFRS 16, Contrats de location ».Le chiffre d’affaires pour le troisième trimestre clos le 26 octobre 2019 s’est élevé à 42,1 millions de dollars comparativement à 45,1 millions de dollars pour le troisième trimestre clos le 27 octobre...

NEWPORT NEWS, Va., Dec. 20, 2019 (GLOBE NEWSWIRE) — Huntington Ingalls Industries (NYSE: HII) announced today that its Newport News Shipbuilding division has been awarded a planning yard design services contract with a potential total value of $454.1 million for nuclear-powered submarines.The contract will provide planning, engineering and design, and logistics and modernization support for new, operational, conversion and decommissioning submarines. The contract includes options over a five-year period through 2024, and is initially funded at $5.3 million.“We have a proven history of executing Navy ship design, shipbuilding and maintenance work, and we continue to grow, develop and train the workforce necessary to support the increasing pace and volume of our work with the U.S. Navy,” said Charles Southall, Newport...

PASCAGOULA, Miss., Dec. 20, 2019 (GLOBE NEWSWIRE) — Huntington Ingalls Industries (NYSE: HII) announced today that its Ingalls Shipbuilding division has been awarded a contract with a potential total value of $453.4 million for planning yard services in support of in-service Ticonderoga-class cruisers and Spruance-class destroyers. The contract includes options over a five-year period.“This is another exciting opportunity for our shipbuilders to continue our 35 years of planning yard experience,” said Ingalls Shipbuilding President Brian Cuccias. “We take pride in not only building state-of-the-art warships for the U.S. Navy, but also in caring for them while they are in active service. We look forward to utilizing our talent and resources to complete the work needed to return these cruisers to...

TORONTO, Dec. 20, 2019 (GLOBE NEWSWIRE) — Aleafia Health Inc. (TSX: ALEF, OTC: ALEAF, FRA: ARAH) (“Aleafia Health” or the “Company”) has received an update from a third-party transportation company (the “Carrier”) regarding a shipment of Aleafia Health’s packaged, finished cannabis products intended for the adult-use market. The authorized Carrier was in possession of the Company’s cannabis products and was contracted to deliver the shipment to provincial wholesale facilities in the next week. On December 20, 2019 the Carrier notified Aleafia Health that the transportation vehicle containing the shipment had been reported stolen from the Carrier’s facility. The third-party Carrier has filed a police report, and is cooperating with the ongoing investigation.In accordance with...

NEW YORK, Dec. 20, 2019 (GLOBE NEWSWIRE) — FTE Networks, Inc. (NYSE American: FTNW) (“FTE” or the “Company”), announced that it has signed a definitive agreement to acquire the assets of Vision Property Management LLC (“Vision”) and its affiliated assets which include more than 3,000 residential real estate assets in 46 states.Vision’s management team assembled its portfolio of houses over the past 10 years and will continue as senior executives of the Company and major shareholders. They will develop their strategy to acquire and build affordable housing properties for sale or for rent. FTE has assumed approximately $80MM in debt held by Vision, which it plans to refinance into a new lower cost credit facility including additional renovation capital allowing for the ability to capture additional...

TORONTO, Dec. 20, 2019 (GLOBE NEWSWIRE) — NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES(Note: All dollar amounts in this news release are expressed in U.S. dollars, except as otherwise noted).Fairfax Africa Holdings Corporation (“Fairfax Africa”) (TSX: FAH.U) is pleased to announce that it has completed an $80 million secured revolving demand credit facility with a syndicate of Canadian lenders.Fairfax Africa is an investment holding company whose objective is to achieve long-term capital appreciation, while preserving capital, by investing in public and private equity securities and debt instruments in Africa and African businesses or other businesses with customers, suppliers or business primarily conducted in, or dependent on, Africa.For further information, contact:                   Keir...

 Broad Unyvero LRT BAL panel also includes atypical pathogens such as Pneumocystis jiroveciiClearance expected to substantially increase total addressable market for Unyvero System in the U.S.Commercial launch in the U.S. expected for Q1-2020Amsterdam, the Netherlands, Holzgerlingen, Germany, and San Diego, CA, USA, December 20, 2019, 23:30 CET — Curetis N.V. (the “Company” and, together with its subsidiaries, “Curetis“), a developer of next-level molecular diagnostic solutions, today announced that the Company has received 510(k) clearance by the U.S. Food and Drug Administration (FDA) to market its Unyvero LRT Lower Respiratory Tract Application Cartridge for use with bronchoalveolar lavage (BAL) samples to diagnose lower respiratory tract infections such as pneumonia. The LRT BAL panel detects a broad...