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Month: April 2020

China Recycling Energy Corporation Annouces Reverse Stock Split to Regain Nasdaq Compliance

XI’AN, China, April 14, 2020 (GLOBE NEWSWIRE) — China Recycling Energy Corporation (Nasdaq: CREG) (“CREG” or “the Company”), an industrial waste-to-energy solution provider in China, today announced that effective on April 15, 2020 it will implement a ten-for-one reverse stock split of its outstanding common stock.The reverse stock split is primarily intended to bring the company into compliance with the minimum bid price requirement for maintaining its listing on the Nasdaq Capital Market. CREGs common stock will continue to trade under the symbol “CREG.”Upon the effectiveness of the reverse stock split, every ten shares of issued and outstanding common stock before the close of business on April 14, 2020 will be combined into one issued and outstanding share of common stock, with no change in par...

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3 SIXTY SECURE PROVIDES OVERVIEW OF COVID-19 IMPACT ON THE COMPANY AND ANNOUNCES FINANCIAL STATEMENT FILING POSTPONEMENT

ALMONTE, Ontario, April 14, 2020 (GLOBE NEWSWIRE) — 3 Sixty Risk Solutions Ltd. (“3 Sixty” or the “Company”) (CSE: SAFE) (OTCQB: SAYFF) (FSE: 62P2) is designated as an essential service provider during the COVID-19 pandemic.“I want to recognize the commitment and courage of our employees on the front lines,” said Thomas Gerstenecker, Founder and Chief Executive Officer of 3 Sixty. “I also appreciate the adaptability of those employees who are now working from home as they support our operations across Canada,” said Gerstenecker.COVID-19 has had varying impacts on each service line within the Company, however being a diverse and flexible security solutions company gives us the ability to respond quickly to our clients’ needs across the country.Our cash-in-transit operations have been moderately reduced due to temporary client closures...

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Glen Eagle Resources Announces Appointment of Executive Board Member

MONTREAL, April 14, 2020 (GLOBE NEWSWIRE) — Glen Eagle Resources Inc. (Montreal, Quebec, April 14, 2020; TSX VENTURE: GER) (“Glen Eagle” or the “Company”) is pleased to announce the appointment of Mr. Andrew Waller to the board of directors of Glen Eagle Resources.Mr Waller has managed, owned and operated several gold copper mining projects over the years with extensive experience in producing low cost, high output gold and copper concentrate operations internationally. He has chaired, assembled and participated on numerous boards and management teams over his 22 years of assisting public companies throughout his distinguished career.Mr Waller has also developed a strong network of institutional investors globally with a particular interest for precious metals and near term production projects. His past experience in mining, financing...

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Summit Appoints Robert W. Duggan as Chief Executive Officer

Summit Therapeutics plc (‘Summit’ or the ‘Company’)Summit Appoints Robert W. Duggan as Chief Executive OfficerOxford, UK, and Cambridge, MA, US, 14 April 2020 – Summit Therapeutics plc (NASDAQ: SMMT) today announces that Mr Robert (Bob) Duggan has been appointed Chief Executive Officer (‘CEO’) of Summit Therapeutics, effective immediately. Mr Duggan will retain his role as Chairman of the Board. Mr Duggan will serve as CEO without compensation as he is Summit’s leading shareholder.Mr Glyn Edwards has tendered his resignation, which will be effective immediately.Mr Duggan, on behalf of the Summit, thanks Glyn Edwards for his eight years of service. Mr. Edwards will continue to serve as an elected Board Member to the Company.Mr Duggan states the following, “To build a viable Summit Therapeutics company will require, amongst many other factors,...

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XBiotech Developing Novel True Human Antibody Targeting Interleukin-1alpha (IL-1⍺)

AUSTIN, Texas, April 14, 2020 (GLOBE NEWSWIRE) — XBiotech Inc. (NASDAQ: XBIT) announced today that a novel antibody it has discovered that neutralizes interleukin-1 alpha (IL-1⍺) has now been advanced as a product candidate for clinical and commercial development. XBiotech discovered the IgG1 monoclonal antibody from a healthy donor with natural immunity against IL-1⍺. Creating medicines from natural human immunity is the hallmark of XBiotech’s approach to developing a new generation of breakthrough therapies.XBiotech recently sold an IL-1⍺ blocking True Human™ antibody, which it had used successfully in a number of clinical trials, for $750 million in upfront cash and up to $600 million in potential milestone payments. As part of the sale, XBiotech agreed not to develop or market anti-IL-1⍺ antibody treatments for dermatological...

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LCX LAUNCHES ITS SECOND TRADING COMPETITION WITH A PRIZE POOL OF 500,000 LCX TOKENS

April 13, 2020 – Vaduz, Liechtenstein: LCX, the Liechtenstein Cryptoassets Exchange, has launched its second trading competition that will be conducted for 15 days on the LCX Terminal with a total prize pool of 500,000 LCX Tokens. Participants will trade and compete against one another in the hunt for 500,000 LCX tokens in the total prize pool. The trading competition will see participants exercise their trading mastery in an attempt to place among the top 75 traders based on two categories i.e Number of Trades and Trading Volume. The top 3 winners in each category will get 100,000; 50,000 and 25,000 LCX tokens respectively while the next top 75 participants will get 1,000 LCX tokens each. For participants to qualify and become eligible for the prize pool, they are obliged to fulfill the minimum requirements for the competition in...

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Get Short Term Funds With Invoice Discounting

As a business owner, you are always on the lookout for ways to raise funds for your business and the best and the easiest way to raise funds is through invoice discounting. If you sell goods and services on credit, you can use the invoices issued by you to get access to funds. The invoices will be payable at a specific date in the future and if you do not want to wait until the date of maturity, you can approach a reliable financial institution like Hero Fincorp for funds. The process of invoice discounting is simple and hassle free. There is no eligibility criteria or requirement of documents. You do not need to visit from one lender to another. Invoice discounting offers instant access to funds and is a short term solution for your needs. You need to understand that the funds will be available only for a short period of time for working...

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Redwood Capital Management Limited – U.S Stock Market rallying up; heres what happen on Thursday

It may be hard to advance in this Covid19 (coronavirus) bear market, but investors are positive that this recession will come to pass soon. Three of the major indexes in the U.S. stock market gained a portion of what they have loss in this volatile season. The Dow Jones Industrial soared by 469.93 points or 2.24% which closes at 21,413.44. The S&P 500 gained at least 2.28% to 2,526.90 while Nasdaq Composite advanced 1.72% to 7,487.31. Chevron leap by 11.03% and Exxon Mobil climb up by 7.65% they both led energy stocks higher. Oil prices under commodity sector also made a positive impact on Thursday after reviving about 23% of what they have loss last week to a near $25 per dollar. Western Texas Intermediate (WTI) Crude gained 24.67% to $25.32 per barrel while Brent Crude rose to 21.02% or $29.94 per barrel. The sudden surge comes...

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FastFiber Leverages DZS to Become First to Bring 10 Gig Hyper-Broadband Services to Houston, Texas

PLANO, Texas, April 14, 2020 (GLOBE NEWSWIRE) — DZS, Inc. (NASDAQ: DZSI), the leading enabler of the emerging hyper-connected, hyper-broadband world, is excited to announce that agile and fast- growing service provider FastFiber Texas, LLC. (“FastFiber”) is bringing leading-edge 10 gigabit per second (10 Gbps) hyper-speed internet services to Houston, Texas. Enabled by the multi- terabit capacity DZS MXK-F Optical Line Terminal (OLT) platform and a world-class ecosystem, FastFiber is changing the competitive landscape in America’s fifth largest metropolitan area, offering services up to 100 times faster than its average competition and reaping the rewards of clear differentiation and significantly better value in the market.“We are proud to be the first and only service provider offering 10 Gbps symmetrical internet services over...

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[Communiqué de presse iliad] Mise à disposition du document d’enregistrement universel – exercice clos le 31 décembre 2019

COMMUNIQUE INFORMATION REGLEMENTEEParis, le 14 avril 2020Mise à disposition du document d’enregistrement universelExercice clos le 31 décembre 2019La Société Iliad a déposé le 10 avril 2020 son document d’enregistrement universel 2019 auprès de l’Autorité des Marchés Financiers (AMF).Ce document intègre notamment :le rapport financier annuel ;le rapport sur le gouvernement d’entreprise visé à l’article L. 225-37 du Code de commerce ;le descriptif du programme de rachat d’actions ;les rapports des commissaires aux comptes.Le document d’enregistrement universel est tenu gratuitement à la disposition du public dans les conditions prévues par la réglementation en vigueur. Il peut être consulté sur le site internet de la Société www.iliad.fr dans la rubrique « Information réglementée 2020/ Document d’enregistrement universel ».La version anglaise...

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