Day: December 27, 2019

HINGHAM, Mass., Dec. 27, 2019 (GLOBE NEWSWIRE) — Microbot Medical Inc. (Nasdaq:MBOT) closed its previously announced registered direct offering of 912,858 shares of its common stock at a purchase price of $10.50 per share for total gross proceeds of approximately $9.59 million, before deducting placement agent fees and offering expenses.Microbot currently intends to use the net proceeds from this offering for the continuous development and regulatory activities for its SCS device for the treatment of hydrocephalus and NPH; continue the development of the Company’s LIBERTY robotic system, including its expansion through addition of complementary assets to it either through internal development, in-license or acquisitions; expand and develop additional applications deriving from its existing IP portfolio, either through internal...

CALGARY, Alberta, Dec. 27, 2019 (GLOBE NEWSWIRE) — Niko Resources Ltd. (“Niko” or the “Company”) announces that an amendment to the production sharing contract for the D6 Block (“D6 PSC”) in India has been executed, reflecting the assignment of the 10 percent interest previously held by the Company’s indirect subsidiary, Niko (NECO) Ltd. (“Niko NECO”), to the remaining interest holders in the block, Reliance Industries Limited  (“Reliance”) and BP Exploration (Alpha) Limited (“BPEAL”). Niko NECO had entered into a settlement agreement with Reliance and BPEAL under which it agreed to withdraw  from D6 PSC and settle its arbitration case filed under the rules of the London Court of International Arbitration in December 2017 in exchange for...

BASKING RIDGE, N.J., Dec. 27, 2019 (GLOBE NEWSWIRE) — electroCore, Inc. (Nasdaq: ECOR), a commercial-stage bioelectronic medicine company, today announced that the company’s current Chairman of the Board, Carrie S. Cox, will resign from the Board effective March 31, 2020. Ms. Cox also served on electroCore’s Audit and Nominating and Governance Committees. Michael Atieh, who joined the company’s Board in June 2018, will assume the role of Chairman.“I joined the electroCore Board because I firmly believe in the promise of the company’s vagus nerve stimulation technology to treat a broad range of medical indications non-invasively, and improve the lives of countless numbers of patients,” said Ms. Cox. “I am proud of the progress that we have made thus far, and I leave the Board believing...

The special closed-ended private equity investment company INVL Technology has completed the formation of the Novian group of businesses with an IT-services-and-software focus. This process was completed in late December this year when, after the performance of internal business acquisitions, the amended articles of association of Novian UAB and BAIP UAB were registered at Lithuania’s Centre of Registers.“Following the reorganisation, the Novian group’s companies will expand the range of services they provide and will be able to meet clients’ needs to implement complex projects, since clients will be able to get more services from a single source,” said Kazimieras Tonkūnas, INVL Technology’s managing partner.In forming the Novian group, internal acquisitions were made: Novian UAB acquired Algoritmu...

Specialaus uždarojo tipo privataus kapitalo investicinė bendrovė „INVL Technology“ baigė formuoti IT paslaugų ir programavimo krypties įmonių grupę „Novian“. Šis procesas pabaigtas šių metų gruodžio pabaigoje, kai, atlikus vidinius įmonių įsigijimus, Registrų centre buvo įregistruoti pakeisti UAB „Novian“ ir UAB BAIP įstatai.„Po pertvarkos „Novian“ grupės bendrovės išplės teikiamų paslaugų spektrą bei galės patenkinti klientų poreikį įgyvendinti kompleksinius projektus, kadangi jie galės gauti daugiau paslaugų iš vienų rankų“, – sakė „INVL Technology“ vadovaujantysis partneris...

Not for distribution to U.S. news wire services or dissemination in the United States.VANCOUVER, B.C., Dec. 27, 2019 (GLOBE NEWSWIRE) — Regulus Resources Inc. (“Regulus” or the “Company“) is pleased to announce that it has closed its previously announced bought deal financing, including the exercise in full of the underwriter’s option. A total of 7,783,875 units of the Company, each comprising one common share and one half of one common share purchase warrant (“Units“) were sold at a price of C$1.06 per Unit (the “Offering Price“), for aggregate gross proceeds of approximately $8.25 million (the “Public Offering“).Pursuant to a concurrent non-brokered private placement, 3,066,375 Units were sold to certain funds managed by Route One Investment Co. LP, the Company’s...

AGOURA HILLS, Calif., Dec. 27, 2019 (GLOBE NEWSWIRE) — Mateon Therapeutics Inc. (OTCQB:MATN) today announced the publication of a peer-reviewed research article co-authored by Fatih Uckun MD. PhD, the Chief Medical Officer for Mateon, Vuong Trieu, PhD, the Chief Executive Officer and President for Mateon and four hematology/oncology professors from academic US institutions in the prestigious oncology journal Cancers (Basel).The article describes in detail the data obtained in the recently completed multi-institutional OXI1222 study that was aimed to evaluate the clinical potential of Mateon’s lead anti-leukemia drug Combretastatin A1 (also known as OXi4503) in adult patients with previously treated relapsed acute myeloid leukemia (AML). This clinical study was registered at www.clinicaltrials.gov as NCT02576301. Patients were...

FuelCell Energy Power Plant Drives a Cleaner Energy Profile for San Joaquin Valley, Globally One of the Most Productive Agricultural Regions100% Renewable power contributes to California’s decarbonization objectivesProprietary FuelCell Technology Drives Reduction in particulates, NOx and SOx for Cleaner Air for all Californians20 Year Power Purchase Agreement To Supply California Electric Grid with baseload renewable energyDANBURY, Conn., Dec. 27, 2019 (GLOBE NEWSWIRE) — FuelCell Energy, Inc.  (Nasdaq: FCEL), a global leader in delivering clean, innovative and affordable fuel cell solutions for the supply, recovery and storage of energy, today announced the start of commercial operation of the 2.8 megawatt fuel cell project located at the city of Tulare, California’s waste water treatment facility, expanding the...