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Month: March 2020

VELAN INC. PROVIDES AN UPDATE ON THE IMPACT OF THE COVID-19 GLOBAL PANDEMIC ON ITS ACTIVITIES

MONTREAL, March 30, 2020 (GLOBE NEWSWIRE) — Velan Inc. (TSX: VLN) (the “Company”), a world-leading manufacturer of industrial valves, provides an update on the impact of the COVID-19 global pandemic on its activities.COVID-19: Velan Update“Velan continues to monitor the rapidly evolving Covid-19 situation,” said Yves Leduc, CEO of Velan Inc., “and is coordinating responses across all of our global sites. We are carefully following safety guidelines introduced by governments and health authorities around the world and have been proactively introducing best practices from one site across to others. I’m encouraged to see how our employees from around the world have come together to implement new safety measures and continue to support our customers’ needs.”Velan is a critical part of supply chains for key sectors that are considered...

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MISE À JOUR SUR L’IMPACT DE LA PANDÉMIE MONDIALE DE COVID-19 SUR LES ACTIVITÉS DE VELAN INC.

MONTRÉAL, 30 mars 2020 (GLOBE NEWSWIRE) — Velan Inc. (TSX : VLN) (la « Société »), l’un des plus importants fabricants de robinetterie industrielle au monde, vous offre une mise à jour sur l’impact de la pandémie mondiale de COVID-19 sur ses activités.COVID-19 : mise à jour de Velan« Nous continuons de suivre de près l’évolution rapide de la situation relative à la COVID-19 », souligne Yves Leduc, chef de la direction de Velan Inc., « et nous coordonnons la réaction à ces enjeux sur l’ensemble de nos sites.  Nous suivons avec attention les consignes de sécurité des gouvernements et des autorités sanitaires à travers le monde, et avons appliqué des pratiques exemplaires dans chacune de nos installations. Je suis encouragé par l’étroite collaboration démontrée par tous nos employés qui font front commun à l’échelle du globe pour mettre...

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Investeringsselskabet Artha Optimum A/S – årsrapport

Selskabsmeddelelse nr. 10, 2020Holte, 30. marts 2020Årsrapport for Investeringsselskabet Artha Optimum A/S 2019Selskabets bestyrelse har på dagens bestyrelsesmøde godkendt årsrapporten for 2019, som herved offentliggøres.Årsrapporten er vedhæftet denne meddelelse og bliver lagt på selskabets hjemmeside (www.arthaoptimum.dk).Årsrapporten vil blive fremlagt til godkendelse på selskabets ordinære generalforsamling d. 28. april 2020.KontaktKristian V. Myrup, direktør+45 70 25 00 05e-mail: info@arthakapitalforvaltning.dkMed venlig hilsenInvesteringsselskabet Artha Optimum A/S Vedhæftede filerSelskabsmeddelelse Optimum 2020 10 årsrapport 2019Investeringsselskabet Artha Optimum Årsrapport 2019

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PERFORMANCE SHIPPING INC. ANNOUNCES DELIVERY OF THE AFRAMAX TANKER VESSEL “P. KIKUMA”

ATHENS, Greece, March 30, 2020 (GLOBE NEWSWIRE) — Performance Shipping Inc. (NASDAQ: PSHG), (the “Company”), a global shipping company specializing in the ownership of vessels, today announced that, through a separate wholly-owned subsidiary, it has taken delivery of the M/T P. Kikuma (formerly “FSL Shanghai”), a 2007-built Aframax tanker of 115,915 dwt that the Company entered into an agreement to purchase in February 2020.Commenting on the delivery, Mr. Andreas Michalopoulos, the Company’s Deputy Chief Executive Officer, stated:“The Company is pleased to have taken delivery of the M/T P. Kikuma, its fourth Aframax tanker vessel, which marks an additional step in becoming a pure tanker owning company. While we remain cautious given the unprecedented global circumstances, we are currently benefiting from the development of a robust...

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CHF Solutions, Inc. Announces Pricing of Registered Direct Offering Priced At-the-Market

EDEN PRAIRIE, Minn., March 30, 2020 (GLOBE NEWSWIRE) — CHF Solutions (Nasdaq: CHFS) today announced the pricing of a registered direct offering of 5,130,228 shares of its common stock at a price to the public of $0.434 per share, for gross proceeds of approximately $2,226,000, prior to deduction of commissions and offering expenses payable by CHF Solutions. In a concurrent private placement, the Company agreed to issue to the investors in the registered direct offering unregistered warrants to purchase up to 2,565,114 shares of the Company’s common stock.Ladenburg Thalmann & Co. Inc. is acting as exclusive placement agent in connection with the offering.The Company intends to use the net proceeds for the offering for general corporate purposes, including the continued investment in commercialization efforts and increasing production...

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Tetra Bio-Pharma Announces Filing of Restated Financial Statements and MD&A

OTTAWA, March 30, 2020 (GLOBE NEWSWIRE) — Tetra Bio-Pharma Inc. (“Tetra” or the “Corporation“) (TSX-V: TBP) (OTCQB: TBPMF), announced today it has filed an amended and restated management’s discussion and analysis for the financial year ended November 30, 2019 (“Restated MD&A“), which is available on SEDAR under the Corporation’s profile.The board of directors of the Corporation, based on the recommendation of the audit committee in consultation with the management of the Corporation, has determined that the Corporation’s previously filed management’s discussion and analysis for the for the financial year ended November 30, 2019 (“Previously Filed MD&A“) needed to be restated to incorporate disclosure on the COVID-19 pandemic and its impact on the general business of...

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Legacy Housing Corporation Reports Fourth Quarter and Fiscal Year 2019 Results

BEDFORD, Texas, March 30, 2020 (GLOBE NEWSWIRE) — Legacy Housing Corporation (the “Company”) (NASDAQ: LEGH) today announced results for the fourth quarter and the full fiscal 2019 year.Financial Highlights for the Three Months Ended December 31, 2019Gross revenue for the quarter ended December 31, 2019 was $43.3 million, representing a 24% increase over the $35.0 million recorded for the same period in 2018. Interest income was $5.9 million in the fourth quarter, a 15% increase over the $5.1 million in interest income from the same period in 2018. Our company-owned store sales totaled $4.9 million in the fourth quarter of 2019, which is an 87% increase from the last quarter of 2018.  Our consumer loan portfolio’s outstanding principal balance grew by $1.95 million in the final 3 months of 2019, net of deferred financing fees and...

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Life Sciences Companies Investors Presentations Now Available for On-Demand Viewing

NEW YORK, March 30, 2020 (GLOBE NEWSWIRE) — Life Sciences Investor Forum today announced that the presentations from its inaugural conference are now available for on-demand viewing at LifeSciencesInvestorForum.com.This virtual event showcased live company presentations and interactive discussions focused on the life sciences industry. The company presentations will be available 24/7 for 90 days. Investors, advisors, and analysts may download shareholder materials from the company’s “virtual trade booth”.REGISTER OR LOGIN AT:  https://tinyurl.com/LSIF032620-PostAgendaPRMarch 26th Presenting Companies:To facilitate investor relations scheduling and for more information about the program, please visit www.lifesciencesinvestorforum.com.About Life Sciences Investor ForumLife Sciences Investor Forum is the leading proprietary investor...

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EMCORE Receives 2019 Raytheon Integrated Defense Systems 5-Star Supplier Excellence Award for Performance and Partnership

ALHAMBRA, Calif., March 30, 2020 (GLOBE NEWSWIRE) — EMCORE Corporation (NASDAQ: EMKR), a leading provider of advanced mixed-signal products that serve the aerospace & defense and broadband communications markets, announced today that it has received the 2019 Raytheon Integrated Defense Systems (IDS) 5-Star Supplier Excellence Award for performance and partnership. As a 5-Star Award winner, EMCORE has achieved 100% scores in quality and delivery (or Qualitative Data Index rating of 5), demonstrated good financial health and is endorsed across Raytheon.Raytheon’s Integrated Defense Systems business instituted the annual Supplier Excellence Awards program to recognize suppliers who have provided outstanding service and partnership in exceeding customer requirements. Award candidates are judged on certain criteria, including overall...

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SHARC International announces Piranha T5 Sale for Net Zero Energy development

VANCOUVER, British Columbia, March 30, 2020 (GLOBE NEWSWIRE) — SHARC International Systems Inc.  (CSE: SHRC) (FSE: IWIA) (OTCQB: INTWF) (“SHARC” or the “Company”) is pleased to announce it has received a purchase order from McCoy Sales, LLC for one (1) Piranha™ T5 to be installed at Boulder Commons located at 3200 Bluff Street in Boulder, Colorado.3200 Bluff Street is the second phase of a larger mixed-use development in Boulder, Colorado. This two-building, 98,000 square foot development will be directly adjacent to the first Boulder Commons project. One building will consist primarily of offices and the second building will be a multi-family residential building. There will also be retail space on the first floor of both buildings.As part of an aggressive energy reduction strategy, SHARC’s Piranha T5 system will extract...

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