Day: April 9, 2020

JERSEY CITY, N.J., April 09, 2020 (GLOBE NEWSWIRE) — SCYNEXIS, Inc. (NASDAQ: SCYX), a biotechnology company pioneering innovative medicines to overcome and prevent difficult-to-treat and drug-resistant infections, today announced the sale of its 6.0% Senior Convertible Notes due 2026 (the “notes”) for an aggregate principal amount of $10.0 million. The notes were sold in a private offering to Puissance Capital Management pursuant to Section 4(a)(2) of the Securities Act of 1933, as amended (the “Securities Act”). The sale of the notes is expected to close on April 9, 2020.“The proceeds from this transaction strengthen our balance sheet as we continue to advance our late-stage programs evaluating oral ibrexafungerp in multiple indications, with anticipated top-line data for our VANISH-306 Phase 3 trial...

ATHENS, Greece, April 09, 2020 (GLOBE NEWSWIRE) — Seanergy Maritime Holdings Corp. (the “Company”) (NASDAQ: SHIP) announced today that it has entered into a securities purchase agreement with certain unaffiliated institutional investors to purchase approximately $6.8 million of its common shares (the “Common Shares”) in a registered direct offering and warrants to purchase Common Shares in a concurrent private placement. Under the terms of the securities purchase agreement, the Company has agreed to sell 50,000,000 Common Shares. In a concurrent private placement, the Company has agreed to issue warrants to purchase up to 50,000,000 Common Shares. The warrants will be exercisable upon issuance and have an exercise price of $0.135 per share. The warrants will expire 5 years from the issuance date. The purchase price for one Common...

LAVAL, Quebec, April 09, 2020 (GLOBE NEWSWIRE) — Current market conditions have led Mason Graphite Inc. (“Mason Graphite” or “the Company”) to re-prioritize its projects. Therefore, Mason Graphite announces that the second transformation project (coated spherical graphite) has become the priority of the Company while the first transformation project (mine and concentrator) has been postponed.Priority to the Value-Added Products ProjectGiven the greater market demand and superior economics for value-added products of Mason Graphite, (VAP or second transformation), this project has been placed in priority sequence and will be the main focus of the Company’s resources. The high-level technical and economic study completed internally at the beginning of the year has demonstrated that a VAP plant, for the production of coated spherical...

LAVAL, Québec, 09 avr. 2020 (GLOBE NEWSWIRE) — Les conditions actuelles des marchés amènent Mason Graphite Inc. (ci-après « Mason Graphite » ou « la Société ») à revoir la priorisation de ses projets. En ce sens, Mason Graphite annonce la mise en avant-plan du projet de deuxième transformation (graphite sphérique enrobé) et le report de son projet de première transformation (mine et concentrateur).Priorisation du projet de produits à valeur ajoutéeConsidérant l’intérêt marqué des marchés pour les produits à valeur ajoutée de Mason Graphite (PVA ou produits de deuxième transformation), ce projet devient prioritaire pour la Société et la majorité des ressources y seront consacrées. L’étude technique et économique de haut niveau réalisée à l’interne et complétée en début d’année a d’ailleurs démontré qu’une usine PVA, pour la production...

CAMBRIDGE, Mass., April 09, 2020 (GLOBE NEWSWIRE) — TILT Holdings Inc. (“TILT” or the “Company”) (CSE: TILT) (OTCQB: TLLTF), a foundational technology cannabis platform comprised of assets to support brands worldwide, is providing an operational and safety update on its ongoing response to COVID-19.  TILT is actively monitoring the events related to COVID-19 and the Company’s core focus remains the health and welfare of its employees, customers and the communities it serves.“Our primary goal is to ensure the safety of our team members and customers,” said Mark Scatterday, CEO of TILT. “We have approached this unprecedented situation committed to our role as responsible stewards of our business in finding solutions to arrest the spread of COVID-19, while ensuring that customers continue to have access to products they rely on for health...

MONTREAL, April 09, 2020 (GLOBE NEWSWIRE) — Imperial Mining Group Ltd. (“Imperial”) (TSX VENTURE: IPG) is very pleased to announce the successful completion of Winter diamond drilling on its 100%-owned Opawica Gold project in the Abitibi region of northwestern Québec. The Opawica gold property is located 20 km east of Desmaraisville and is accessible via Highway 113 from Val d’Or to Chibougamau, Quebec, and by a network of forestry roads (Figure 1).Drilling was undertaken to evaluate areas of high historical gold intersections (6.9 g/t Au over 3.8m and 5.1 g/t Au over 2.8m), as well as geophysical/geological targets favourable to gold concentration in the area. Of importance was the intersection, in drillhole O-20002, of an intense deformation and alteration structure containing 1% to 15% pyrite, minor pyrrhotite...

VANCOUVER, British Columbia, April 09, 2020 (GLOBE NEWSWIRE) — Westport Fuel Systems Inc. (“Westport Fuel Systems”) (TSX:WPRT / Nasdaq:WPRT) today announced that it will participate in the alphaDIRECT Virtual Conference Series to provide a business update relating to the impact of COVID-19 on global operations on Tuesday, April 14, 2020 at 1:00 pm Pacific Time.The presentation is open to all investors and will be webcast live and available for replay by visiting the Investor Relations section of the Westport Fuel Systems website at https://wfsinc.com/ and under the alphaDIRECT Investor Center page at www.alphadirectadvisors.com.“Westport Fuel Systems has been closely monitoring, assessing, and reacting to the impact of COVID-19 on our global operations.  The health and safety of our employees, our customers, our partners, and our...

CHICAGO, April 09, 2020 (GLOBE NEWSWIRE) — Due to the public health impact of the coronavirus (COVID-19) pandemic and to support the health and well-being of its employees, shareholders and community, GATX Corporation (NYSE:GATX) announced that its Annual Meeting of Shareholders, to be held on Friday, April 24, 2020 at 9 a.m. Central Time, has been changed from an in-person meeting in Chicago, Illinois to a virtual meeting format only.During the annual meeting, GATX will cover items of business outlined in its 2020 Proxy Statement. As described in the proxy materials for the annual meeting previously distributed, registered shareholders as of the close of business on Feb. 28, 2020, the record date, are entitled to participate in the annual meeting. To access the virtual meeting, visit http://www.meetingcenter.io/275628729 and enter...

PRINCETON, N.J., April 09, 2020 (GLOBE NEWSWIRE) — PDS Biotechnology Corporation (“PDS Biotechnology”) (Nasdaq: PDSB), a clinical-stage immuno-oncology company developing multiple therapies based on T-cell activating technology called Versamune® today announced that it has appointed Ilian Iliev, Ph.D. to its Board of Directors.“We are very pleased to welcome Dr. Iliev to the Board of Directors. He brings a wealth of experience to PDS Biotech as a recognized entrepreneur and venture capitalist across multiple industries, including healthcare,” commented Steve Glover, Chairman of the Board of PDS Biotech. “Together, we will help guide PDS Biotech through its near and long-term milestones as we advance our programs in infectious disease and immuno-oncology with leading research institutions and pharmaceutical companies.”Currently,...