Month: March 2020
TORONTO, March 30, 2020 (GLOBE NEWSWIRE) — Torex Gold Resources Inc. (the “Company” or “Torex”) (TSX: TXG) announces that it will release its first quarter (“Q1”) 2020 financial and operational results early morning on Wednesday, May 6, 2020, followed later in the morning by a conference call hosted by senior management. The Company also announces that under an exemption provided under Ontario securities law, it plans to delay the release of the annual information form (the “AIF”) and file it by April 30, 2020.Q1 2020 Conference Call and WebcastA conference call and webcast to discuss the Q1 2020 financial and operational results will be held on Wednesday, May 6, 2020 at 9:00 AM ET.Please join the conference call approximately ten minutes prior to the scheduled start time. Dial-in details for the conference call are as follows:Toronto...
AETERNA ZENTARIS REPORTS FOURTH QUARTER AND FULL-YEAR 2019 FINANCIAL AND OPERATING RESULTS AND PROVIDES BUSINESS UPDATE
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– Strengthened cash position with recently closed financing as well as royalty payments from Novo Nordisk for U.S. sales of Macrilen™ –– Robust ongoing business development discussions to secure a commercialization partner for macimorelin in Europe and other key global markets –– Leveraging clinical success of macimorelin for AGHD and expertise of Novo Nordisk in pediatric clinical development of macimorelin to address significant market opportunity –– Closely monitoring COVID-19 and its impact on our business and operations –CHARLESTON, S.C., March 30, 2020 (GLOBE NEWSWIRE) — Aeterna Zentaris Inc. (NASDAQ: AEZS) (TSX: AEZS) (“Aeterna” or the “Company”), a specialty biopharmaceutical company commercializing and developing therapeutics and diagnostic tests, today reported its financial and operating results for the fourth quarter...
LILIS ENERGY RECEIVES ADDITIONAL EXTENSION ON THIRD BORROWING BASE DEFICIENCY PAYMENT
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FORT WORTH, Texas, March 30, 2020 (GLOBE NEWSWIRE) — Lilis Energy, Inc. (NYSE American: LLEX) (the “Company”), an exploration and production company operating in the Permian Basin of West Texas and Southeastern New Mexico, announced today that the Company’s bank lending group has agreed to amend the existing revolving credit agreement to, among other things, extend the due date for the third installment payment of $1.5 million on the previously announced borrowing base deficiency from March 30, 2020 to April 14, 2020. As previously reported, the first two borrowing base deficiency installment payments under the amended revolving credit agreement aggregating $17.25 million were funded on February 28, 2020. The due date for the fourth, and final, $6.25 million installment payment remains April 14, 2020.The Company is continuing to...
Performant Financial Corporation Provides Update on Form 10-K Filing; Announces Changes to its Board of Directors
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LIVERMORE, Calif., March 30, 2020 (GLOBE NEWSWIRE) — Performant Financial Corporation (Nasdaq: PFMT), (the “Company”), a leading provider of technology-enabled recovery and related analytics services in the United States, today provided an update with regards to its Form 10-K for the year ended December 31, 2019 and announced the resignation of Jeffrey S. Stein from the Company’s Board of Directors.Due to the outbreak of, and local, state and federal governmental responses to, the coronavirus disease (“COVID-19”) pandemic, the Company has filed for an extension for its Annual Report on Form 10-K for the year ended December 31, 2019 (the “Annual Report”), originally due on March 30, 2020. Specifically, the Company is relying on an order issued by the Securities and Exchange Commission (the “SEC”) on March 25, 2020 (which extended...
PEOPLE’S UTAH BANCORP ANNOUNCES TEMPORARY SUSPENSION OF SHARE REPURCHASE PROGRAM
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AMERICAN FORK, Utah, March 30, 2020 (GLOBE NEWSWIRE) — People’s Utah Bancorp (Nasdaq: PUB) (“Company”) announced that it has suspended its current share repurchase program, which had been authorized by the Board of Directors for up to 950,000 common shares. This represents approximately 5% of the outstanding shares of the Company as of June 30, 2019. As of the close of business on March 25, 2020, the last day before the Company suspended the share repurchase program, the Company had repurchased 120,906 common shares at an aggregate cost of approximately $2.1 million.“We are safe and secure. We have actively fortified our balance sheet as we increased our capital and allowance for credit loss ratios, and managed our overall loan concentrations over the past couple of years. In addition, we adopted new accounting guidance as of...
Gold Standard Files 40-F With SEC on EDGAR
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VANCOUVER, British Columbia, March 30, 2020 (GLOBE NEWSWIRE) — Gold Standard Ventures Corp. (TSX: GSV; NYSE American: GSV) (“Gold Standard” or the “Company”) today announced that its Form 40-F has been filed with the SEC on EDGAR (www.sec.gov) together with the Company’s Audited Consolidated Financial Statements, Management’s Discussion and Analysis and Annual Information Form for the year ended December 31, 2019. The Company further announces, pursuant to disclosure requirements of NYSE American Company Guide Section 610(b), that its audited consolidated financial statements for the year ended December 31, 2019, contained an audit opinion from its independent registered public accounting firm that includes an explanatory paragraph related to the Company’s ability to continue as a going concern.The Company’s Shareholders may,...
Agillic A/S has initiated a rights issue with pre-emptive rights for its existing shareholders
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Announcement no. 8 2020Copenhagen – 30 March 2020 – Agillic A/S (Nasdaq First North Copenhagen: AGILC) (“Agillic” or the “Company”) today announces that its board of directors (the “Board of Directors”) has resolved to initiate a rights issue (the “Offering”) with pre-emptive subscription rights (the “Pre-Emptive Rights”) for the Company’s existing shareholders (the “Existing Shareholders”) allowing for subscription of up to 1,276,628 new shares with a nominal value of DKK 0.1 each (the “New Shares”) at a subscription price of DKK 19.20 per share (the “Subscription Price”).March 16 the Company announced that it has entered into an agreement for new equity amounting to a minimum of DKK 21.6 million. The company also announced that minority shareholders would be offered to subscribe new shares pro-rata up to a total of DKK 4.5 million....
EDAP Reports Record Full Year 2019 Results and Provides Operational Update
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Record full year 2019 revenues of €44.9 million, representing 14.6% year-over-year growthHIFU full year 2019 revenue growth of 28% driven by 54% growth in US installed baseRecord 46.8% gross profit margin driven by HIFU growthProfitable for the full year 2019 with operating income of €2.2 millionSolid balance sheet with EUR 20.9 million (USD 23.4 million) in cash, €1.4 million of positive cash flow generated in 2019CEO Marc Oczachowski to succeed Philippe Chauveau as Chairman of the Board of DirectorsCompany to host a conference call tomorrow, March 31 at 8:30 am EDTLYON, France, March 30, 2020 — EDAP TMS SA (Nasdaq: EDAP) (“the Company”), the global leader in robotic energy based therapies, announced today financial results for the fourth quarter and full year of 2019 and provided an update on strategic and operational developments. Marc...
HighPoint Resources to Move to Virtual-Only Annual Shareholder Meeting
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DENVER, March 30, 2020 (GLOBE NEWSWIRE) — HighPoint Resources Corporation (“we”, “us”, or the “Company”) (NYSE: HPR) announced today a change in the format of its 2020 Annual Meeting of Shareholders (“Annual Meeting”) from in-person to virtual-only. Due to the emerging public health impact of the coronavirus pandemic (COVID-19), and to support the health and well-being of the Company’s shareholders, employees, and their families, the Company will hold its Annual Meeting in a virtual meeting format only. As previously announced, the Annual Meeting will be held on Tuesday, April 28, 2020 at 8:30 a.m. Mountain Time (10:30 a.m. ET).As described in the Company’s proxy materials previously distributed for the Annual Meeting, shareholders at the close of business on March 2, 2020, the record date, are entitled to...
Adamis Pharmaceuticals Announces 2019 Financial Results and Business Update
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SAN DIEGO, March 30, 2020 (GLOBE NEWSWIRE) — Adamis Pharmaceuticals Corporation (NASDAQ: ADMP) today announced financial results for the year ended December 31, 2019 and provided a business update.Dr. Dennis J. Carlo, President and Chief Executive Officer of Adamis Pharmaceuticals, stated, “In light of the recent COVID-19 outbreak and overall economic outlook, we have attempted to determine the impact of the outbreak on our present and future operations, including the impact on our suppliers, manufacturers and commercial partners. The good news is that at the present time we have not seen a material impact of COVID-19 on demand for our products, and we have not yet seen any significant negative impact on our supply chain or distribution network. If the outbreak appreciably worsens and/or if governmental restrictions persist for...