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Month: March 2020

Valberedningens ändrade förslag till årsstämman 2020 avseende arvode till styrelsens ordförande

Mot bakgrund av den osäkerhet som råder med anledning av Covid-19 har valberedningen för HMS Networks AB beslutat att ändra sitt förslag till årsstämman gällande styrelsearvode till styrelsens ordförande. Det nya förslaget innebär oförändrade arvoden till samtliga ledamöter, vilket innebär att styrelsen ordförande även vidare föreslås erhålla 500 000 kronor i arvode.För mer information, vänligen kontakta: Johan Hjertonsson, Valberedningens ordförande, Investment AB Latour, 070-229 77 93HMS Networks AB (publ) är en marknadsledande leverantör av lösningar för industriell kommunikation och Industrial Internet of Things, IIoT. HMS utvecklar och tillverkar produkter under varumärkena Anybus®, Ixxat®, Ewon® och IntesisTM. Utveckling sker på huvudkontoret i Halmstad, Ravensburg, Nivelles, Igualada, Wetzlar och Buchen. Lokal försäljning och support...

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Greenfields Petroleum Corporation Announces Extension of Forbearance Agreement and Agreement to Defer Payment of its Senior Secured Debt

HOUSTON, March 27, 2020 (GLOBE NEWSWIRE) — Greenfields Petroleum Corporation (the “Company” or “Greenfields”) (TSX VENTURE: GNF), a production focused company with operating assets in Azerbaijan, announces that Vitol Energy (Bermuda) Ltd. (“Vitol”), the Company’s senior debt lender, has agreed to further amend the forbearance agreement executed on November 28, 2019 and previously amended on January 3, 2020 and March 16, 2020 (the “Forbearance Agreement“), by extending the forbearance period and deferred payments due under the senior secured loan agreement with the Company (the “Vitol Loan“) until April 30, 2020.In consideration for amending the Forbearance Agreement, the Company has agreed to move forward with a proposal for a debt to equity conversion of the unsecured debt and a portion of the senior secured...

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Satori Resources: Gravity Concentration for Tailings Recovery

TORONTO, March 27, 2020 (GLOBE NEWSWIRE) — Satori Resources Inc. (“Satori” or the “Company”) announces that, as part of its ongoing evaluation of the Tartan Lake Gold Mine Project in Manitoba, and further to its press release Satori Undertakes Gravity Concentration Testing on Tailings dated December 3, 2019, the Company is pleased to provide the following update.Assay results received from testing two ten-kilogram grab samples collected from stockpiled tailings material close to the discharge spigot at the Tartan Lake Gold Mine in the fall of 2019 ranged from 2.7 to 3.6 grams gold per tonne.  In order to better understand the economics of unrecovered minerals in the tailings pond, a series of four centrifugal gravity tests were conducted on one of the samples.  A report prepared by Denver based Global Resource Engineering Ltd. (Dr....

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Ocugen Provides Business Update and Full Year 2019 Financial Results

Over 95% planned enrollment completed in Phase 3 oGVHD study; topline results anticipated by end of 2020Conference Call and Webcast Today at 8:30 a.m. ETMALVERN, Pa., March 27, 2020 (GLOBE NEWSWIRE) — Ocugen, Inc. (NASDAQ: OCGN), a clinical-stage company focused on discovering, developing and commercializing transformative therapies to treat rare and underserved ophthalmic diseases, today reported full year 2019 financial results along with a general business update.“We are extremely pleased with the progress we have made in enrolling patients in our Phase 3 clinical trial for OCU300, an orphan drug candidate for ocular graft versus host disease (oGVHD). Based on current enrollment, we anticipate topline results by the end of the year,” commented Shankar Musunuri, PhD, MBA, Chairman, CEO and Co-Founder of Ocugen. “The publication...

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Eton Pharmaceuticals Announces Acquisition of U.S Marketing Rights to Pediatric Orphan Drug Alkindi® Sprinkle

-Estimated Market Opportunity of Greater than $100 Million-Alkindi Sprinkle NDA has been Assigned a September 29, 2020 Prescription Drug User Fee Act Date-Alkindi Sprinkle has been Granted Orphan Drug Designation for Adrenal Insufficiency in Pediatric Patients-Eton Executed $7.8 Million Equity Financing and $2.0 Million Amended Credit Facility to Support Alkindi Sprinkle TransactionDEER PARK, Ill., March 27, 2020 (GLOBE NEWSWIRE) — Eton Pharmaceuticals, Inc (Nasdaq: ETON), a specialty pharmaceutical company focused on developing and commercializing innovative drug products, today announced that it has acquired U.S. marketing rights to Alkindi® Sprinkle from Diurnal Group plc (AIM: DNL).Alkindi Sprinkle’s New Drug Application (NDA) is currently under review with the U.S Food and Drug Administration (FDA) for approval as a replacement...

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CIBT Featured in the Globe and Mail Newspaper

Vancouver, B.C., March 27, 2020 (GLOBE NEWSWIRE) — via NEWMEDIAWIRE — CIBT Education Group Inc. (TSX: MBA, OTCQX International: MBAIF) (“CIBT” or the “Company”) reports that the Company was featured in the March 25, 2020 issue of the Globe and Mail newspaper in an article titled: “Student housing companies expanding despite pandemic.” To view the article, please visit the Globe and Mail website at https://www.theglobeandmail.com/real-estate/vancouver/article-student-housing-companies-expanding-despite-pandemic/About CIBT Education Group:CIBT Education Group Inc. is one of the largest education, and student housing investment companies in Canada focused on the global education market since 1994.  Listed on the Toronto Stock Exchange and U.S OTCQX International, CIBT owns business and language...

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EQUIFAX CANADA COMMITTED TO HELPING CANADIANS IMPACTED BY COVID-19 (CORONAVIRUS)

TORONTO, March 27, 2020 (GLOBE NEWSWIRE) — Equifax is continuing to closely monitor the rapidly evolving COVID-19 (Coronavirus) situation and its significant financial impact on consumers and businesses around the globe.  All businesses — particularly small and medium-sized businesses — are experiencing unprecedented disruption to supply and demand. As a result, the Canadian and global economies face significant economic contraction and a rapid increase in unemployment. As a leader in credit reporting, Equifax and its affiliates support millions of consumers and thousands of businesses across 24 countries. With this global perspective, the company sees and hears the hardships that people are experiencing every day. That’s why Equifax is actively working with creditors and lenders to minimize the effects this virus may have on consumers’...

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EQUIFAX CANADA S’ENGAGE À AIDER LES CANADIENS TOUCHÉS PAR LA COVID-19 (CORONAVIRUS)

TORONTO, 27 mars 2020 (GLOBE NEWSWIRE) — Equifax continue de surveiller de près l’évolution rapide de la pandémie de COVID-19 (coronavirus) ainsi que ses répercussions financières importantes sur les consommateurs et les entreprises, partout dans le monde. Toutes les entreprises, en particulier les PME, doivent composer avec une perturbation sans précédent de l’offre et de la demande. Par conséquent, les économies canadienne et mondiale font face à un important ralentissement économique et à une hausse rapide du chômage. En tant que chef de file de l’évaluation du crédit, Equifax et ses sociétés affiliées soutiennent des millions de consommateurs et des milliers d’entreprises dans 24 pays. Dans cette perspective mondiale, notre entreprise est témoin des difficultés que vivent les gens au quotidien. C’est pourquoi Equifax travaille...

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Solar Alliance Completes Rooftop Portion of 519 kW Project for Onni Group in Manhattan Beach, California

VANCOUVER, British Columbia and KNOXVILLE, Tenn., March 27, 2020 (GLOBE NEWSWIRE) — Solar Alliance Energy Inc. (‘Solar Alliance’) or (the ‘Company’) (TSX-V: SOLR) is pleased to announce it has completed the rooftop portion of the 519 kW solar system currently under construction for a division of Onni Group (“Onni”) at Manhattan Beach Towers in California, a mid-rise, multi-tenant office building owned by the Vancouver-based developer. The rooftop portion of the system received permission to operate and is now in operation, producing renewable electricity for the office building. Solar Alliance is contracted for the design, procurement and construction management services for a combined rooftop and carport solar installation.“We are pleased to reach this milestone on the Onni project,” said Solar Alliance CEO Myke Clark. “The rooftop...

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KRUGER PRODUCTS OPERATING AT FULL CAPACITY TO MEET SURGE  IN TISSUE DEMAND

MISSISSAUGA, Ontario, March 27, 2020 (GLOBE NEWSWIRE) — KP Tissue Inc. (“KPT”) (TSX.KPT), which holds a limited partnership interest in Kruger Products L.P. (“KPLP”), announced that KPLP has been ramping up production across its networks to meet the increased demand for tissue from our customers and consumers. We have increased and expedited deliveries to retailers to get our product on the retail shelf as quickly as possible. We have also been deemed an essential service which means that we will be able to operate our facilities as normal during the COVID-19 pandemic. KPLP would like to thank its employees, suppliers and customers who are all working together to replenish tissue inventory at store level.  As additional business continuity processes, we have implemented our pandemic planning protocol and increased our supply of...

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