Day: March 24, 2020

Potential Vaccine, TNX-1800 in Development to Protect Against New Coronavirus Disease 2019 (COVID-19) Based on the Company’s Horsepox Virus Vaccine PlatformPotential Vaccine, TNX-801 in Development to Protect Against Smallpox and Monkeypox Based on Horsepox VirusInterim Analysis Results for Phase 3 RELIEF Study of TNX-102 SL for the Management of Fibromyalgia Expected Third Quarter 2020; Topline Data Expected First Half 2021Expanded Pipeline in 2019 with Three In-licensed ProgramsFirst Quarter 2020 Stock Offerings Raised $29.0 Million in Net Proceeds to Support Pipeline AdvancementNEW YORK, March 24, 2020 (GLOBE NEWSWIRE) — Tonix Pharmaceuticals Holding Corp. (Nasdaq: TNXP) (Tonix or the Company), a clinical-stage biopharmaceutical company, today announced financial results for the quarter and year ended December 31, 2019, and provided...

Reno, Nevada, March 24, 2020 (GLOBE NEWSWIRE) — LGL Systems Acquisition Corp. (NYSE: DFNS.U) (the “Company”) announced today that, as indicated in its Form 8-K filing on March 2, 2020, holders of the Company’s units (the “Units”) can now elect to separately trade the shares of Class A common stock (the “Common Stock”) and warrants (the “Warrants”) included in the Units.The Common Stock and Warrants that are separated trade on the New York Stock Exchange (“NYSE”) under the symbols “DFNS” and “DFNS WS”, respectively.  Units that are not separated will continue to trade on the NYSE under the “DFNS.U” ticker symbol.  No fractional Warrants will be issued upon separation of the Units and only whole Warrants will trade.  Holders of Units will need to have their brokers contact Continental Stock Transfer & Trust Company, the Company’s...

TORONTO, March 24, 2020 (GLOBE NEWSWIRE) — Clear Blue Technologies International Inc. (“Clear Blue” or “the Corporation”) provides the following update on our corporate response to the ongoing Covid-19 pandemic.  With an abundance of caution for the well-being of our employees and consistent with federal and provincial guidance on dealing with the pandemic, Clear Blue has implemented a mitigation strategy effective today March 24, 2020.  Production at the Corporation’s Toronto assembly facility has been suspended and temporary layoff notices have been issued to most employees.  This, along with the use of certain federal government financial assistance tools, will allow the Corporation to conserve cash and maintain its assembly workforce through an extended shutdown period.  We note that this response is consistent with many of...

CALGARY, Alberta, March 24, 2020 (GLOBE NEWSWIRE) —  It’s with great sadness that Shaw Communications Inc. (“Shaw” or “the Company”) today announces the passing of company founder, Executive Chair, and former CEO, JR Shaw. A true pioneer of Canadian business and a visionary of the Canadian telecommunications sector, JR passed away peacefully yesterday at the age of 85.“My family and I are at a loss for words and are deeply saddened at JR’s passing,” said Brad Shaw, CEO of Shaw Communications. “JR was the founder and leader of our company, but he was also an exceptional husband, a loving father, grandfather and great grandfather. His legacy of love and compassion for people will live on for generations.”JR’s focus was always on the customer and providing them with choice and exceptional service. He loved all of the employees at Shaw,...

TORONTO, March 24, 2020 (GLOBE NEWSWIRE) — Just Energy Group Inc. (“Just Energy” or the “Company”) (TSX:JE) (NYSE:JE) announced that on March 23, 2020 it received written notification from the New York Stock Exchange (“NYSE”) that it was not in compliance with the standard set forth in Rule 802.01C of the NYSE Listed Company Manual that requires listed companies to maintain an average closing share price of at least US$1.00 over a consecutive 30 trading-day period.  This notification is not discretionary and is sent when a listed company’s share price falls below the NYSE’s minimum price listing standard.As required by the NYSE, the Company intends to respond to the NYSE within ten business days and notify the NYSE of its intent to cure the deficiency and return to compliance with the NYSE continued listing requirements....

TORONTO, March 24, 2020 (GLOBE NEWSWIRE) — Toromont Industries Ltd. (TIH) is advising of a change in the format of its Annual Meeting of Shareholders to be held on May 1, 2020, which was previously announced on February 11, 2020.This year, due to global public health concerns regarding the COVID-19 pandemic, we will be holding our Annual Shareholders’ Meeting in a virtual-only format, via live audio webcast. Our intention is to mitigate the risks to our shareholders, employees and other stakeholders and to ensure all shareholders have an equal opportunity to participate at the meeting regardless of their location or constraints. There will be no physical attendance at the meeting.Toromont has been active in managing its business and workforce through this rapidly changing environment. We started by activating our Critical Incident...

NEW YORK, NY, March 24, 2020 (GLOBE NEWSWIRE) — via NEWMEDIAWIRE — iQSTEL Inc. (OTC: IQST) has scheduled a series of meetings with investors to further expand discussions on acquisitions and JV targets in the City of New York and Miami. Due to the COVID-19 global pandemic, the NASDAQ Marketsite interview has been pushed off to coincide with the investors meetings scheduled and others still being finalized.The already stressed 3G and 4G networks have been pushed to their limit across many parts of the world due to this pandemic, a further validation of iQSTEL’s mission to bring 5G to many parts of Central and Latin America, in addition to European network expansion. 5G not only increases bandwidth 10-fold or more, surpassing most cable internet systems, it also reduces the latency (delay between back-and-forth communications)...

Company announcement – No. 08 / 2020Annual General Meeting of Zealand Pharma A/S: Measures in consequence of COVID-19Copenhagen, March 24, 2020 – Zealand Pharma A/S (“Zealand”) (NASDAQ: ZEAL) (CVR-no. 20 04 50 78) announces the following measures applied to Zealand’s Annual General Meeting 2020 that is scheduled for April 2, 2020.Annual General Meeting of Zealand Pharma A/S: Measures in consequence of COVID-19The Danish government is continuously launching a series of new measures to fight the COVID-19 virus in Denmark. One of these measures is the prohibition on assemblies of more than 10 persons. The prohibition is of great importance for the Annual General Meeting of Zealand Pharma on Thursday, April 2, 2020.Zealand Pharma intends to conduct its Annual General Meeting on Thursday, April 2, 2020 at 3:00 pm CET as scheduled. We will...

VANCOUVER, British Columbia and TORONTO, March 24, 2020 (GLOBE NEWSWIRE) — Wallbridge Mining Company Limited (TSX:WM) (“Wallbridge”) and Balmoral Resources Ltd. (TSX:BAR; OTCQX:BALMF) (“Balmoral”) (collectively the “Parties”) announced that Balmoral has been granted an interim order by the Supreme Court of British Columbia (the “Interim Order”) in connection with the previously announced (see NR20-04, March, 2, 2020) business combination between the Parties. The Interim Order authorizes Balmoral to proceed with various matters, including the holding of a special meeting of Balmoral securityholders to consider and vote on the proposed Plan of Arrangement (the “Proposed Transaction”) whereby Wallbridge proposes to acquire all of the issued and outstanding common shares of Balmoral.The Proposed TransactionOn March 2, 2020 the Parties...

OTTAWA, March 24, 2020 (GLOBE NEWSWIRE) — HEXO Corp (TSX: HEXO; NYSE: HEXO) (“HEXO” or the “Company”) is confirming it is remaining operational on the heels of the cannabis sector being included as an essential workplace in Ontario and Quebec.“Given our role in supplying medical cannabis to patients and in the adult-use cannabis supply chain, our operations in Ontario and Quebec are to be maintained and our business is considered an essential workplace,” said Sebastien St-Louis, CEO and co-founder of HEXO. “We are working to continue to ensure a steady supply of medical cannabis and consumer packaged goods. I am extremely grateful for our dedicated employees.”HEXO is also carefully monitoring and assessing the evolving situation related to COVID-19 and the potential impact to its business, employees and customers. HEXO is working...