Day: March 23, 2020
CARLSBAD, Calif., March 23, 2020 (GLOBE NEWSWIRE) — GenMark Diagnostics, Inc. (NASDAQ:GNMK), a leading provider of automated, multiplex molecular diagnostic testing systems, today announced it has been awarded a grant from the Biomedical Advanced Research and Development Authority (BARDA), part of the Department of Health and Human Services (HHS) Office of the Assistant Secretary for Preparedness and Response (ASPR).In working with public and private partners to find solutions to mitigate the impact of COVID-19, BARDA will provide GenMark with up to $749,000 in funding to develop and pursue U.S. Food and Drug Administration (FDA) Emergency Use Authorization (EUA) of a diagnostic panel that incorporates the new SARS-CoV-2 viral target into the company’s existing ePlex Respiratory Pathogen (RP) panel. With this additional support...
LEONOVUS INC. ANNOUNCES 2019 FINANCIAL RESULTS
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OTTAWA, March 23, 2020 (GLOBE NEWSWIRE) — Leonovus Inc., (“Leonovus”) (TSXV: LTV) today announced its operating and financial results for the year ended December 31, 2019. Amounts are in U.S. dollars unless otherwise stated.The Company recorded revenues of $24,000 in 2019 compared to revenues of $14,000 in 2018. The Company was awarded a contract in the amount of $435,700 with the Government of Canada Business in Canada Innovation Program. Revenues from this contract will begin in Q1 2020 and run through to Q1 2021.The Company incurred a net loss of $5,193,000 in the year ended 2019 compared to a net loss of $4,924,000 in 2018. Total operating expenses decreased to $4,532,000 for the year 2019 compared to $5,077,000 in 2018. The Company had cash and short-term investments of $583,000 as of December 31, 2019, as compared to $3,646,000...
UPDATE: CapStar Announces Proactive Initiatives to Support Its Employees, Clients, and Communities in Response to COVID-19
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NASHVILLE, March 23, 2020 (GLOBE NEWSWIRE) — CapStar Bank, a subsidiary of CapStar Financial Holdings (NASDAQ: CSTR), has launched several initiatives and proactive response plans to protect the health of and provide economic relief for its employees, clients, and communities due to the COVID-19 virus outbreak.“During this unprecedented time, CapStar is doing everything we can to serve as a source of strength for our employees, clients, and communities,” said Timothy K. Schools, CapStar President & Chief Executive Officer. “As a result, we have adjusted our operations to protect the health and well-being of our employees, their families, and our clients while remaining true to our mission of superior service; are proactively offering 90-day full deferment of qualifying loan payments to CapStar borrowers that are less...
CORE GOLD TEMPORARILY SUSPENDS OPERATIONS AT DYNASTY GOLDFIELD
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VANCOUVER, British Columbia, March 23, 2020 (GLOBE NEWSWIRE) — Core Gold Inc. (“Core Gold” or the “Company“) (TSX-V: CGLD, OTCQX: CGLDF), is announced that the Company is temporarily suspending operations at its Dynasty Goldfield project in Ecuador amid growing concerns regarding the spread of the coronavirus (COVID-19) in the country. Central, Provincial and local Municipality government decrees regarding gatherings, travel and transport within Ecuador will impact the Company’s ability to efficiently operate and therefore the Company has elected to suspend operations during this difficult time.Core Gold will maintain a workforce at Dynasty Goldfield to conduct care and maintenance activities and special projects in order to minimize the impacts of this temporary shutdown. In the upcoming weeks, the Core...
Marathon Patent Group Announces 2019 Fiscal Year End Financial Results
Written by Customer Service on . Posted in Earnings Releases And Operating Results.
LAS VEGAS, March 23, 2020 (GLOBE NEWSWIRE) — Marathon Patent Group, Inc. (NASDAQ:MARA) (“Marathon” or “Company”), today announced its operating results for the twelve months ended December 31, 2019, as published in its Annual Report on Form 10-K filed today with the Securities and Exchange Commission.Operating Results for the Year Ended December 31, 2019Total revenue was $1.2 million for the year ended December 31, 2019 compared to $1.6 million for the year ended December 31, 2018.Operating loss improved to approximately $4.2 million (inclusive of non-cash expenses) for the year ended December 31, 2019 compared to an operating loss of approximately $12.1 million (inclusive of non-cash expenses) for the year ended December 31, 2018.GAAP net loss improved to $(0.53) per basic and diluted share for the year ended...
Eyenovia, Inc. Announces Approximately $6.0 Million Private Placement
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NEW YORK, March 23, 2020 (GLOBE NEWSWIRE) — Eyenovia, Inc. (NASDAQ: EYEN), a clinical stage ophthalmic biopharmaceutical company developing a pipeline of microdose therapeutics utilizing its patented piezo-print technology, today announced that it has received subscriptions for a private placement in the amount of approximately $6.0 million of units at a price to the public of $2.21425 per unit. The offering is expected to close on or about March 24, 2020, subject to customary closing conditions.Each unit consists of (i) one share of common stock, par value $0.0001 per share, (ii) a one-year warrant to purchase 0.5 of a share of common stock, and (iii) a five-year warrant to purchase 0.75 of a share of common stock.The proceeds of the offering are expected to be used, together with other available funds, for the MicroLine and MicroPine...
Saputo Inc.: Conference call to provide an update on the impact of COVID-19 on activities
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MONTRÉAL, March 23, 2020 (GLOBE NEWSWIRE) — Saputo Inc. (TSX:SAP) – A conference call for analysts and institutional investors will be held on Thursday, March 26, 2020, at 11:00 a.m. (Eastern Time), to discuss the COVID-19 situation.The conference call will begin with a short presentation followed by a question and answer period. The speakers will be Mr. Lino Saputo, Jr., Chair of the Board and Chief Executive Officer, Mr. Maxime Therrien, Chief Financial Officer and Secretary, and Mr. Kai Bockmann, President and Chief Operating Officer, Saputo Inc. and International Sector.To participate in the conference: 1-800-954-0688Please dial-in approximately ten minutes before the call.To listen to the call on the Web: http://www.gowebcasting.com/10559 Replay of the conferenceA replay of the conference call will be available until Thursday,...
Saputo inc. : Conférence téléphonique visant à fournir une mise à jour sur l’impact de la COVID-19 sur les activités
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MONTRÉAL, 23 mars 2020 (GLOBE NEWSWIRE) — Saputo inc. (TSX : SAP) – Une conférence téléphonique pour les analystes et les investisseurs institutionnels, traitant de la situation du COVID-19, aura lieu le jeudi 26 mars 2020, à 11 h 00 (heure de l’Est).La conférence débutera par une courte présentation, suivie d’une période de questions. Les conférenciers seront M. Lino Saputo, Jr., président du conseil d’administration et chef de la direction, M. Maxime Therrien, chef de la direction financière et secrétaire et M. Kai Bockmann, président et chef de l’exploitation, Saputo inc. et Secteur InternationalPour participer à la conférence : 1-800-954-0688Veuillez SVP signaler ce numéro dix minutes avant le début de la conférence.Pour écouter cet appel sur le Web : http://www.gowebcasting.com/10560 Enregistrement différé de la conférenceUn...
Saputo Inc.: Conference call to provide an update on the impact of COVID-19 on activities
Written by Customer Service on . Posted in Public Companies.
MONTRÉAL, March 23, 2020 (GLOBE NEWSWIRE) — Saputo Inc. (TSX:SAP) – A conference call for analysts and institutional investors will be held on Thursday, March 26, 2020, at 11:00 a.m. (Eastern Time), to discuss the COVID-19 situation.The conference call will begin with a short presentation followed by a question and answer period. The speakers will be Mr. Lino Saputo, Jr., Chair of the Board and Chief Executive Officer, Mr. Maxime Therrien, Chief Financial Officer and Secretary, and Mr. Kai Bockmann, President and Chief Operating Officer, Saputo Inc. and International Sector.To participate in the conference: 1-800-954-0688Please dial-in approximately ten minutes before the call.To listen to the call on the Web: http://www.gowebcasting.com/10559 Replay of the conferenceA replay of the conference call will be available until Thursday,...
KERR MINES CLOSES FINANCING WITH SPROTT RESOURCE LENDING
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TORONTO, March 23, 2020 (GLOBE NEWSWIRE) — Kerr Mines Inc. (TSX: KER, OTC: KERMF) (“Kerr” or the “Company”), announces the completion of its previously announced financing by Sprott Private Resource Lending (Collector), LP (“Sprott”) of an additional US$500,000 (approx. CDN$725,000) under its current US$1.5 million senior secured convertible note (“the “Sprott Note”).The Sprott Note bears interest at a rate of 9% per annum payable semi-annually. The maturity date of the Sprott Note has also been extended to May 31, 2021. The new US$500,000 advance under the Sprott Note is convertible into Common Shares at any time prior to maturity at a conversion price of CDN$0.13 per share. The balance of the principal amount of the Sprott Note, being US$1,500,000, remains convertible into Common Shares at a conversion price of CDN$0.16 per share....