Day: April 24, 2020
ZEELAND, Mich., April 24, 2020 (GLOBE NEWSWIRE) — Gentex Corporation (NASDAQ: GNTX), a leading supplier of digital vision, connected car, dimmable glass and fire protection technologies, today reported financial results for the three months ended March 31, 2020.1st Quarter 2020 SummaryNet Sales decline of 3% quarter over quarter versus a 24% quarter over quarter reduction in global light vehicle production volumesNovel coronavirus pandemic (COVID-19) negatively impacted first quarter net sales by approximately 9%Gross margin of 34.5% for the first quarter7.0 million shares repurchased during the quarterFor the first quarter of 2020, the Company reported net sales of $453.8 million, which was a decrease of 3% compared to net sales of $468.6 million in the first quarter of 2019. The impact of the COVID-19 pandemic created shutdowns...
MAYA Announces New President and CEO
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MONTREAL, April 24, 2020 (GLOBE NEWSWIRE) — Maya Gold & Silver Inc. (“Maya” or the “Corporation”) (TSX: MYA) announces that Noureddine Mokaddem Chairman, President and Chief Executive Officer, is retiring and stepping down as Chairman, President and CEO of the Corporation. Mr. Mokaddem will remain on the Board of Directors of the Corporation. Concurrently, Mr. Benoit La Salle FCPA, CPA has been appointed by the Board of Directors as President and Chief Executive Officer and appointed as Director, effective immediately. In addition, Robert Taub has been appointed as Chairman of the Board of Maya.The board would like to take this opportunity to thank Mr. Mokaddem for his achievements with the Corporation since its early days and for advancing the Zgounder and Boumadine Projects. Mr. Mokaddem was instrumental in bringing the Corporation...
Daseke, Inc. to Release First Quarter 2020 Results on May 7, 2020
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ADDISON, Texas, April 24, 2020 (GLOBE NEWSWIRE) — Daseke, Inc. (NASDAQ: DSKE) (or the “Company”), the largest flatbed, specialized transportation and logistics solutions company in North America, today announced that it plans to report results for its fiscal first quarter ended March 31, 2020 on May 7, 2020. A conference call to discuss the financial and operational results is scheduled for May 7, 2020 at 11:00 AM ET.Investors, analysts, and members of the media interested in listening to the live presentation are encouraged to join a webcast of the call with accompanying presentation slides, available on the Company’s website at https://www.daseke.com. Interested parties may also participate in the call by dialing (855) 242-9918 and entering the passcode 9778049. A replay of the conference call will be available a few hours after...
Duluth Holdings, Inc. To Reconvene 2020 Annual Meeting of Shareholders to July 13, 2020 Due to COVID-19 Concerns
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MOUNT HOREB, Wis., April 24, 2020 (GLOBE NEWSWIRE) — Duluth Holdings Inc. (dba, Duluth Trading Company) (“Duluth Trading” or the “Company”) (NASDAQ: DLTH), a lifestyle brand of men’s and women’s casual wear, workwear and accessories, today announced the Company plans to reconvene its 2020 Annual Meeting of Shareholders to July 13, 2020 to reflect public health concerns relating to the COVID-19 pandemic as well as recent government actions, including the ‘Safer at Home’ order extended until May 26, 2020 in the state of Wisconsin, where the Company is domiciled.In accordance with the Company’s bylaws and Wisconsin law, the Chairman of Duluth Trading intends to convene and immediately adjourn the Annual Meeting initially scheduled for May 21, 2020. There will be no further business conducted on May 21, 2020. The Chairman will then...
ORYZON to Initiate ESCAPE: a Phase II Clinical Trial to Test Efficacy of Vafidemstat in Severely ill COVID-19 Patients
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CTA approval, the European IND equivalent, granted by the Spanish Drug Agency via an accelerated procedurePrimary endpoint: To investigate the efficacy of vafidemstat, in combination with standard of care treatment, to prevent Acute Respiratory Distress Syndrome (ARDS) in adult severely ill COVID-19 patientsMADRID, Spain and CAMBRIDGE, Mass., April 24, 2020 (GLOBE NEWSWIRE) — Oryzon Genomics, S.A. (ISIN Code: ES0167733015, ORY), a public clinical-stage biopharmaceutical company leveraging epigenetics to develop therapies in diseases with strong unmet medical need, announced today that under certain urgency provisions related to the COVID-19 pandemic it has received approval from the Spanish Drug Agency (AEMPS) to conduct a Phase II clinical trial with vafidemstat in seriously ill COVID-19 patients.The study, named ESCAPE (Efficacy...
PAE-Perini Continues Support of U.S. Air Force with Spot on $6.4B AFCAP V Contract Vehicle
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FALLS CHURCH, Va., April 24, 2020 (GLOBE NEWSWIRE) — PAE-Perini LLC was selected as one of eight awardees to support the U.S. Air Force on the seven-year Air Force Contract Augmentation Program V. With a ceiling value of $6.4 billion, the indefinite-delivery, indefinite-quantity contract vehicle prepares and executes the U.S. government for rapid responses to urgent mission needs around the world. PAE-Perini received the award after serving on the preceding contract vehicle, AFCAP IV. PAE President and CEO John Heller said the award builds on previous successes of the joint venture between PAE (NASDAQ: PAE, PAEWW) and Perini Management Services, Inc. PAE-Perini fulfilled numerous task orders on AFCAP IV providing military bases with facility maintenance and design engineering services. The joint venture also supported airfield locations...
TC Energy reaches five-year revenue requirement settlement with NGTL System customers
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CALGARY, Alberta, April 24, 2020 (GLOBE NEWSWIRE) — – News Release – TC Energy Corporation (TSX, NYSE: TRP) (TC Energy) announced today that its wholly-owned subsidiary, NOVA Gas Transmission Ltd. (NGTL), has reached a five-year negotiated revenue requirement settlement with its customers and other interested parties that extends from 2020 to 2024.“This settlement is the result of a collaborative engagement with our customers and is responsive to the needs of both the industry and our business,” said Russ Girling, TC Energy President and Chief Executive Officer. “Recognizing it is a challenging time for a number of our customers, this innovative settlement includes incentives to keep tolls competitive while providing a stable return to TC Energy as we execute in excess of $14 billion of pipeline projects to enhance the connectivity...
Balmoral Announces Recommendations from ISS and Glass Lewis that Shareholders Vote FOR the Proposed Arrangement Between Balmoral and Wallbridge Mining Company Limited
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Special Meeting UpdateDonation of Personal Protective Equipment to St. Paul’s HospitalUpdated Timeline for Delivery of Winter 2020 Drill Program ResultsVANCOUVER, British Columbia, April 24, 2020 (GLOBE NEWSWIRE) — Balmoral Resources Ltd. (“Balmoral” or the “Company”) (TSX:BAR; OTCQX:BALMF) announced today that the two leading independent institutional proxy advisory firms, Institutional Shareholder Services Inc. (“ISS”) and Glass Lewis & Co. (“Glass Lewis”), have each recommended that shareholders vote FOR the special resolution, as outlined in the Company’s management information circular (the “Circular”) (available on the Balmoral website under the Company’s profile at www.sedar.com), whereby Wallbridge Mining Company Limited (“Wallbridge”) will acquire all of the issued and outstanding shares of Balmoral under the terms...
Axovant Announces Full Prepayment of Outstanding Loan from Hercules Capital
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NEW YORK and BASEL, Switzerland, April 24, 2020 (GLOBE NEWSWIRE) — Axovant Gene Therapies Ltd. a clinical-stage company developing innovative gene therapies for neurological diseases, today announced that it had prepaid in full its $15.7 million outstanding loan from Hercules Capital, Inc. together with interest, fees and other amounts due. Following the prepayment, the credit facility and loan agreement with Hercules Capital, Inc. was terminated, and all obligations, liens and security interests under the loan agreement were released, discharged and satisfied.“Axovant is debt-free after the loan prepayment announced today. This prepayment has no meaningful impact on our cash runway, removes prior liens by Hercules on our assets, and saves approximately $1 million in interest expense. Together with the $74.7 million equity financing...
Aptose Biosciences Files Proxy Statement, Announces Online Only Annual General Meeting
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SAN DIEGO and TORONTO, April 24, 2020 (GLOBE NEWSWIRE) — Aptose Biosciences Inc. (“Aptose” or the “Company”) (NASDAQ: APTO, TSX: APS), a clinical-stage company developing highly differentiated agents that target the underlying mechanisms of cancer, announced today that it has filed its proxy statement for the 2020 annual general meeting of shareholders.The annual general meeting of Aptose shareholders will be held on June 2, 2020 at 10:00 a.m. Pacific time in an online only format. There will be no physical location for shareholders and duly appointed proxyholders to attend. Aptose shareholders and duly appointed proxyholders may attend the virtual meeting online at https://web.lumiagm.com/192484056, where they will be able to listen, vote, and submit questions during the meeting’s live webcast. Detailed instructions for shareholders...