Day: March 20, 2020

WIXOM, Mich., March 20, 2020 (GLOBE NEWSWIRE) — Rockwell Medical, Inc. (NASDAQ:RMTI) (“Rockwell Medical” or the “Company”), a biopharmaceutical company dedicated to transforming anemia management and improving outcomes for patients around the world, today reiterated that Medical Resource Acquisition Group LLC (MRAG) failed to properly deliver a notice of director nominations under the Company’s Bylaws within the prescribed advance notice period.While MRAG has continued its attempts to confuse shareholders into believing otherwise, the Company has been abundantly clear in its communications with MRAG and its advisors that MRAG’s three director nominees will not stand for election at the Company’s 2020 annual meeting of stockholders. The Company will also make copies of such correspondence available on our website, https://ir.rockwellmed.com/....

WARREN, N.J., March 20, 2020 (GLOBE NEWSWIRE) — Bellerophon Therapeutics, Inc. (Nasdaq: BLPH) (“Bellerophon” or the “Company”), a clinical-stage biotherapeutics company, today announced that the U.S. Food and Drug Administration (FDA) has granted emergency expanded access allowing its proprietary inhaled nitric oxide (iNO) delivery system, INOpulse®, to immediately be used for the treatment of COVID-19.NO is a naturally produced molecule that is critical to the immune response against pathogens and infections. In vitro studies have shown that NO inhibits the replication of severe acute respiratory syndrome-related coronavirus (SARS-CoV)¹ and improves survival for cells infected with SARS-CoV². Additionally, in a clinical study of patients infected with SARS-CoV, iNO demonstrated improvements in arterial oxygenation, a reduction...

HAUPPAUGE, N.Y., March 20, 2020 (GLOBE NEWSWIRE) — Chembio Diagnostics, Inc. (Nasdaq: CEMI), a leading point-of-care diagnostic company focused on infectious diseases, today reported that, in accordance with Nasdaq Listing Rule 5635(c)(4), it has granted a restricted stock unit award to Richard L. Eberly, Chembio’s new Chief Executive Officer and President, outside Chembio’s 2019 Omnibus Incentive Plan.The restricted stock unit award was granted upon Mr. Eberly’s joining Chembio on March 16, 2020, in accordance with terms of his employment agreement with Chembio, which was entered into on March 4, 2020 and became effective as of March 16, 2020.  Under the award, Mr. Eberly can acquire, upon vesting and without payment of a purchase price, up to 233,589 shares of Chembio common stock. Subject to Mr. Eberly’s continued service with...

MADISON, Wis., March 20, 2020 (GLOBE NEWSWIRE) — Campuses, healthcare organizations and businesses worldwide are rushing to update emergency plans to avoid shutdowns during the realities of mandated social distancing and the new normal of online learning and remote work, among the coronavirus outbreak. Mediasite is helping them scale their streaming video initiatives so they can continue classes and meetings and keep the public informed and safe amid the worsening COVID-19 crisis.    “As schools and organizations are implementing contingency plans for the coronavirus outbreak, there are big question marks around how to maintain continuity. While pandemic planning has always been critical, delivery has changed dramatically over the years,” said Michael Norregaard, CEO, Sonic Foundry, the maker of Mediasite. “Streaming video with Mediasite...

SELSKABSMEDDELELSEMeddelelse nr. 2/2020                                                             Fjerritslev,  20. marts 2020Resultatforventning for 2020 og udbytte suspenderesPå grund af det aktuelle udbrud af COVID-19 og de økonomiske følger heraf, suspenderer Svejsemaskinefabrikken Migatronic A/S den hidtidige udmelding om omsætningsniveauet og resultatet for regnskabsåret 2020. Tidligere var forventningen en omsætningsvækst i niveauet 5-10% samt et resultat i niveauet 11 – 16 mio. kr. før skat.Migatronic har i årets to første måneder haft vækst i forhold til 2019. Som følge af COVID-19 forventer vi imidlertid at se en negativ effekt i markedet i de kommende måneder. Da situationen ændrer sig hurtigt fra dag til dag på mange markeder, er vi i øjeblikket ikke i stand til præcist at vurdere, hvor stor denne effekt vil blive, herunder...

VANCOUVER, British Columbia, March 20, 2020 (GLOBE NEWSWIRE) — Lithium Americas Corp. (TSX: LAC) (NYSE: LAC) (“Lithium Americas” or the “Company“) today announced that construction activities at the Cauchari-Olaroz lithium project (“Caucharí-Olaroz” or the “Project”) in Jujuy, Argentina, are temporarily suspended, in accordance with government-mandated restrictions in response to COVID-19.On March 19, 2020, the government of Argentina enacted the Urgency Decree (DNU) #297/20 ordering, among other provisions, a national mandatory quarantine effective from March 20, 2020 until March 31, 2020. Accordingly, development work at Caucharí-Olaroz will be suspended immediately and the Project will be placed on care and maintenance. COVID-19 medical safety procedures have been implemented at site and at the Jujuy office...

NEW YORK, March 20, 2020 (GLOBE NEWSWIRE) — Prospect Capital Corporation (the “Company”) today announced that it has commenced a cash tender offer (the “Tender Offer”) to purchase any and all of the outstanding notes listed below. The Tender Offer will expire at 5:00 p.m., New York City time, on March 26, 2020, or any other date and time to which the Company extends such Tender Offer (such date and time, as it may or may not be extended, the “Expiration Time”). The Tender Offer is made pursuant to an Offer to Purchase dated today, which set forth the terms and conditions of the Tender Offer.The consideration to be paid for each $25 principal amount of Notes that are validly tendered and not validly withdrawn on or prior to the Expiration Time is $17, plus accrued and unpaid interest on the Notes, if any, from the applicable last...

BROOKFIELD NEWS, March 20, 2020 (GLOBE NEWSWIRE) — Brookfield Property Partners L.P. (NASDAQ: BPY; TSX: BPY.UN) today provided an update to the investment community regarding the COVID-19 pandemic.  A message from management to BPY unitholders can be accessed here: https://bpy.brookfield.com/~/media/Files/B/Brookfield-BPY-IR-V2/letters-to-unitholders/2020/bpy-covid-19-ltu.pdf.Brookfield Property Partners, through Brookfield Property Partners L.P. and its subsidiary Brookfield Property REIT Inc., is one of the world’s premier commercial real estate companies, with approximately $88 billion in total assets. We are leading owners, operators and investors in commercial real estate, with a diversified portfolio of premier office and retail assets, as well as interests in multifamily, triple net lease, industrial, hospitality, self-storage,...

CALGARY, Alberta, March 20, 2020 (GLOBE NEWSWIRE) — Canadian Premium Sand Inc. (“CPS” or the “Company”) (TSXV: CPS) is pleased to announce that an updated Preliminary Feasibility Study and Mineral Resource Report effective March 19, 2020 (the “Updated Technical Report”) has been completed for the Company’s Wanipigow Sand Project (the “Project”) by APEX Geoscience Ltd. and John T. Boyd Company. The Updated Technical Report incorporates the results of the previously announced capital optimization review on February 4, 2020.Driven by a significant reduction in estimated capital and operating costs, the project will produce a pre-tax internal rate of return (“IRR”) of 52.2% and a pre-tax net present value using an 8% discount rate (“NPV8”) of CAD $397.5 million.  The revised capital cost of CAD $124 million before contingency, including...

THE WOODLANDS, Texas, March 20, 2020 (GLOBE NEWSWIRE) — Conn’s, Inc. (NASDAQ: CONN) (“Conn’s” or the “Company”), a specialty retailer of furniture and mattresses, home appliances, consumer electronics and home office products, and provider of consumer credit, today announced that on March 18, 2020, the Company borrowed an additional $275 million under its $650 million Revolving Credit Facility, maturing in May of 2022.  The proceeds from the incremental Revolving Credit Facility borrowings are currently being held on the Company’s balance sheet.  Inclusive of this borrowing, Conn’s has over $280 million in cash on its balance sheet at this time.  Conn’s now has an immediately available borrowing capacity of approximately $123 million under its Revolving Credit Facility.  The increased borrowings are a precautionary measure to increase...