Month: March 2020

H+H’s financial outlook announced on 11 March 2020 assumed no severe impact from the outbreak of the coronavirus (Covid-19) on construction activity level or supply chains. However, following measures taken by the UK Government on 23rd March we see temporary closure of distribution centres and buildings sites in the UK, which may impact full-year results. This in combination with further lack of visibility due to the Covid-19 outbreak leads us to suspend the earlier announced financial outlook for 2020.Sales and financial performance so far in 2020 have been good and according to plan.The situation is monitored closely, contingency plans are in place and all relevant precautions are taken for the business and H+H employees.H+H will provide updated outlook for 2020 when there is greater clarity on the coronavirus’ impact on markets and...

CHARLOTTE, N.C., March 24, 2020 (GLOBE NEWSWIRE) — Chanticleer Holdings, Inc. (Nasdaq: BURG) (the “Company” or “Chanticleer”), owner, operator and franchisor of multiple nationally-recognized restaurant brands, today announced the 1:1 distribution ratio for its upcoming spin-off and provided a corporate update disclosing:Sonnet Merger Continues towards ClosingRestaurant Business to Spin Off as Independent “Amergent Hospitality Group”Amergent Hospitality Group Hitting the Ground RunningSpin-Off RatioAll stockholders of record as of the close of business on March 26, 2020 that hold shares in Chanticleer are eligible for one share of the spin-off entity, Amergent Hospitality Group, Inc. (“Amergent”), for each share of Chanticleer owned at that time. Amergent is a newly formed entity owned by Chanticleer stockholders independent of...

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...