Day: March 4, 2020

EMERYVILLE, Calif., March 03, 2020 (GLOBE NEWSWIRE) — Zogenix, Inc. (Nasdaq: ZGNX), a global pharmaceutical company developing rare disease therapies, announced today that it has priced an underwritten public offering of 8,520,000 shares of its common stock at a price to the public of $23.50 per share. The gross proceeds to Zogenix from the offering, before underwriting discounts and commissions and offering costs, are expected to be approximately $200.2 million.  Zogenix has granted the underwriters a 30-day option to purchase up to an additional 1,278,000 shares of common stock. All of the shares to be sold in the offering are being sold by Zogenix. The offering is expected to close on or about March 6, 2020, subject to satisfaction of customary closing conditions.  Zogenix intends to use the net proceeds from the proposed offering...

THIS PRESS RELEASE IS NOT FOR DISTRIBUTION IN THE UNITED STATES OR TO U.S. NEWS AGENCIESVAL-D’OR, Quebec, March 03, 2020 (GLOBE NEWSWIRE) — Golden Valley Mines Ltd. (“Golden Valley” or the “Corporation”) (TSX-V:GZZ) announces that the Corporation’s Board has granted incentive stock options to certain of its directors and officers entitling the purchase of an aggregate 764,750 common shares at a per share price of $0.50 for a period of five years.About Golden Valley Mines Ltd.:  Golden Valley Mines is focused on project generation and continues to evaluate opportunities to enhance its mining exploration property portfolio. The Company is able to grow its current assets by way of partner-funded option/joint ventures and through its shareholdings in related entities.For additional information please contact:Glenn J. Mullan Chairman,...

NASHVILLE, Tenn., March 03, 2020 (GLOBE NEWSWIRE) — SmileDirectClub, Inc. (NASDAQ: SDC), the oral care company that created the first direct-to-consumer med tech platform for teeth straightening, today announced it has helped more than one million customers access doctor-directed remote clear aligner therapy. At this milestone, SmileDirectClub Chief Executive Officer issued the following statement:“SmileDirectClub was founded with the mission to bring affordable, accessible care to consumers, and we have been unwavering in our commitment to that mission since day one. We have brought true industry disruption to a category that was unchanged for decades, opening the door for more than one million consumers around the world to achieve the smile they deserve. By making clear aligner therapy more convenient, more accessible and more...

Fourth Quarter 2019 Highlights (all comparisons are made to the prior year fourth quarter):Net Sales decreased 10.7% to $283.2MGross profit of 12.2%; adjusted gross profit of 21.5% decreased 250bpsEPS loss of $0.85; adjusted EPS of $0.40 decreased from $0.61 a year agoAdjusted EBITDA of $15.0M decreased 46.4%; adjusted EBITDA margin of 5.3% declined 350bps2019 Highlights (all comparisons are made to the prior year):Net sales were relatively flat; adjusted net sales decreased 7.8% to $1.15BGross profit of 21.1%; adjusted gross profit of 22.0% decreased 180bpsEPS of $0.95; adjusted EPS of $1.59 decreased from $2.94 a year agoAdjusted EBITDA of $68.3M decreased 41.3%; adjusted EBITDA margin of 5.9% declined 340bpsBegan restructuring initiatives related to strategic pillars for profitable growth – Simplify, Focus and GrowCHATTANOOGA, Tenn.,...

CALGARY, Alberta, March 03, 2020 (GLOBE NEWSWIRE) —  NuVista Energy Ltd. (“NuVista” or the “Company”) (TSX:NVA) is pleased to announce results for the three months and year ended December 31, 2019 and provide a number of updates which demonstrate continued successful advancement of our Pipestone and Wapiti Montney play development.Record 2019 Production and Adjusted Funds FlowDuring the quarter and year ended December 31, 2019, NuVista:Produced a record 57,010 Boe/d for the fourth quarter of 2019, or 16% greater than the respective quarter in 2018.  Full year 2019 production was a record 50,803 Boe/d, or 26% greater than 2018 production.  This represents annual production per weighted average share which was 6% greater than the prior year;Achieved $70.1 million adjusted funds flow in the quarter, including over $17 million of free...

DUBLIN, March 03, 2020 (GLOBE NEWSWIRE) — Coinciding with World Obesity Day, Medtronic further demonstrated its ongoing commitment to increasing patient access to quality care by taking the Pledge to Eradicate Weight Stigma. This action aligns with a joint consensus statement on the causes and negative consequences of obesity bias published today in Nature Medicine by a team of experts led by Professor Francesco Rubino from King’s College London.According to the World Health Organization, more than 650 million people worldwide are living with obesity, which is amplified by numerous factors, many of which are beyond an individual’s control. In supporting the pledge, Medtronic condemns the use of stigmatizing language, images, attitudes, policies, and weight-based discrimination, wherever they occur, and commits to: Treat individuals...

TORONTO, March 03, 2020 (GLOBE NEWSWIRE) — BE Resources Inc. (TSXV: BER.H) (“BE Resources” or the “Company”) announces that it has reached an agreement (the “Debt Settlement”) with Keyser Soze Services Limited (the “Support Creditor”) to settle an aggregate of $87,692.55 in debt owed by the Company to the Support Creditor in respect of short-term operational loans made to the Company by the Support Creditor to pay invoices of the Company for services rendered from June 2019 to December 2019. The Support Creditor has agreed to convert its collective indebtedness into common shares of the Company (“Common Shares”) at a price of $0.12 per Common Share, subject to receipt of the approval from the TSX Venture Exchange. It is expected that, upon the completion of the Debt settlement, subject to receipt of the requisite approvals, the...