Day: March 16, 2020

MONTREAL, March 16, 2020 (GLOBE NEWSWIRE) — Knight Therapeutics Inc. (TSX: GUD) (“Knight“) and Medison Biotech (1995) Ltd. (“Medison”) have closed today the previously disclosed transaction to separate their respective businesses.As announced on November 21, 2019, Knight and Medison have entered into a definitive agreement pursuant to which Knight will sell to the Medison group all of Knight’s shares in Medison, reflecting approximately 28.3% of the share capital of Medison, for $77,000,000 (“Consideration”).  Knight has received 75% ($57,750,000) of the Consideration and the remaining 25% ($19,250,000) will be held by a trustee and is expected to be released to Knight upon the issuance of a tax certificate by the Israel Tax Authority.About Knight Therapeutics Inc.Knight Therapeutics Inc., headquartered in Montreal,...

MONTRÉAL, 16 mars 2020 (GLOBE NEWSWIRE) — Thérapeutique Knight inc. (TSX : GUD) (« Knight ») et Medison Biotech (1995) Ltd. (« Medison ») ont conclu aujourd’hui la transaction précédemment divulguée de séparation de leurs activités respectives.Comme annoncé le 21 novembre 2019, Knight et Medison ont conclu un accord définitif en vertu duquel Knight vendra au groupe Medison toutes les actions de Medison, représentant environ 28,3 % du capital social de Medison, pour 77 000 000 $ (la « contrepartie »).  Knight a reçu 75 % (57 750 000 $) de la contrepartie et les 25 % restants (19 250 000 $) seront détenus par un fiduciaire et devraient être remis à Knight dès la délivrance d’un certificat fiscal par la Israel Tax Authority.À propos de Thérapeutique Knight inc.Thérapeutique Knight inc., établie à Montréal, au Canada, est une société...

FITCHBURG, Mass., March 16, 2020 (GLOBE NEWSWIRE) — Micron Solutions, Inc. (NYSE American: MICR) (the “Company”), a diversified contract manufacturing organization, through its wholly-owned subsidiary, Micron Products, Inc., producing highly-engineered, innovative components requiring precision machining and injection molding, announced today its Intention to voluntarily delist from the NYSE American (the “Exchange”) and to deregister its Common Stock under Section 12(g) of the Securities Exchange Act of 1934 (the “Exchange Act”) and suspend its SEC reporting obligations under Section 15(d) of the Exchange Act.  The Company is announcing its fourth quarter and year end results for the period ended December 31, 2019.Delisting and Deregistration:On March 16, 2020, the Company notified the Exchange of its intent to voluntarily delist...

TORONTO, March 16, 2020 (GLOBE NEWSWIRE) — Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX – CAR.UN) announced today its March 2020 monthly distribution in the amount of $0.11500 per Unit (or $1.38 on an annualized basis). The March distribution will be payable on April 15, 2020 to Unitholders of record on March 31, 2020.To encourage participation and reward our loyal Unitholders, investors registered in our Distribution Reinvestment Plan will continue to receive an additional amount equal to 5% of their distributions paid in the form of additional Units.CAPREIT is one of Canada’s largest real estate investment trusts. CAPREIT owns approximately 56,800 suites, including townhomes and manufacturing housing sites, in Canada and, indirectly through its investment in ERES, approximately 5,600 suites in the...

CONWAY, Ark., March 16, 2020 (GLOBE NEWSWIRE) — Home BancShares, Inc. (NASDAQ-GS: HOMB), parent company of Centennial Bank, today announced it expects to release First Quarter 2020 earnings before the market opens on April 16, 2020. Following this release, management will conduct a conference call to review these earnings at 1:00 p.m. CT (2:00 p.m. ET) on Thursday, April 16, 2020.We encourage all participants to pre-register for the conference call using the following link: http://dpregister.com/10140220. Callers who pre-register will be given dial-in instructions and a unique PIN to gain immediate access to the live call. Participants may pre-register now, or at any time prior to the call, and will immediately receive simple instructions via email. The Home BancShares conference call will also be automatically scheduled as an event...

CALGARY, Alberta, March 16, 2020 (GLOBE NEWSWIRE) — DIRTT Environmental Solutions Ltd. (“DIRTT” or the “Company”) (TSX: DRT, NASDAQ: DRTT), an interior construction company that uses technology for client-driven design and manufacturing, announces that director Ronald W. Kaplan resigned from the Board of Directors, effective March 14, 2020.On behalf of DIRTT’s Board of Directors, Board Chair Steve Parry commented, “We thank Ron for his tremendous leadership and contributions to DIRTT over the past two years. Ron joined the Board in April 2018, participated in the recruitment of CEO Kevin O’Meara in September 2018, and provided key oversight into the design and approval of DIRTT’s long-term strategic plan, unveiled in November 2019. The Board remains committed to the comprehensive plan management is implementing and, as stated on...

TORONTO, March 16, 2020 (GLOBE NEWSWIRE) — DREAM HARD ASSET ALTERNATIVES TRUST (DRA.UN-TSX) (“Dream Alternatives”, the “Trust” or “our”) announced today the expiration of its previously announced offer to purchase for cancellation up to 4,000,000 of its units (“Units”) at a price of $8.25 per Unit (the “Purchase Price”), for an aggregate purchase price not to exceed $33,000,000 (the “Offer”). The Offer expired at 5:00 p.m. Eastern time on March 16, 2020.The Offer was conditioned upon the satisfaction of certain conditions for the benefit of the Trust set out in the offer to purchase and issuer bid circular of the Trust dated February 7, 2020 (the “Circular”).The trustees of the Trust have considered certain recent developments, including the fact that the World Health Organization has declared the novel coronavirus (COVID-19) outbreak...

STATEN ISLAND, New York, March 16, 2020 (GLOBE NEWSWIRE) — Coffee Holding Co., Inc. (Nasdaq: JVA) (the “Company”) today announced its operating results for the three months ended January 31, 2020:Net sales totaled $19,285,501 for the three months ended January 31, 2020, a decrease of $4,348,310, or 18.0%, from $23,633,811 for the three months ended January 31, 2019. The decrease in net sales was due to lower sales of green coffee during the quarter as customers slowed purchases due to the volatility in the green coffee market.Cost of sales for the three months ended January 31, 2020 was $16,170,747, or 83.8% of net sales, as compared to $19,064,767, or 80.7% of net sales, for the three months January 31, 2019. Cost of sales consists primarily of the cost of green coffee and packaging materials and realized and unrealized gains or...

Elfordonstillverkaren Clean Motion AB presenterar sin bokslutskommuniké för 2019. Bolaget redovisar en försäljning på 2 286 TSEK (4 912 TSEK) och ett rörelseresultat på -5 059 TSEK (-8 299  TSEK). Bolaget säger ”Vi får vara beredda på att denna nya Coronasituation kommer att pågå under en längre tid. Vi har redan skruvat hårt i kostnaderna och dagens stödprogram från regeringen kan mycket väl komma till stor hjälp. Men, vi måste inom de närmaste veckorna få till stånd någon större affär för att klara vår likviditet. Vi har gott hopp om att lyckas men i nuvarande affärsklimat finns inga garantier.”Göran Folkesson kommenterar året; ”2019 var ett besvärligt år för bolaget där vi jobbat hårt med att ställa om verksamheten för att snabbt få ordning på kassaflöde och försöka nå lönsamhet med låg omsättning. Jag själv har jobbat utan ersättning...