Day: May 8, 2020

CytoDyn Clarifies Status of Biologics License Application

VANCOUVER, Washington, May 08, 2020 (GLOBE NEWSWIRE) — CytoDyn Inc. (OTC.QB: CYDY), (“CytoDyn” or the “Company”), a late-stage biotechnology company developing leronlimab (PRO 140), a CCR5 antagonist with the potential for multiple therapeutic indications, today further clarified the status of the Company’s submission of its Biologics License Application (BLA) to the U.S. Food and Drug Administration (FDA) for leronlimab as a combination therapy with HAART for highly treatment experienced HIV patients, filed on April 27, 2020 with the FDA.  The BLA will not be considered completed until the Company submits to the FDA clinical datasets required to address FDA comments it received in March 2020, as described in the Company’s press releases on May 4 and May 6, 2020. CytoDyn expects to submit these clinical datasets on May 11, 2020. After...

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MiMedx Provides Update on Payment Protection Program Loan

MARIETTA, Ga., May 08, 2020 (GLOBE NEWSWIRE) — MiMedx Group, Inc. (OTC PINK: MDXG) (“MiMedx” or “the Company”), an industry leader in advanced wound care and an emerging therapeutic biologics company, today announced that it is repaying the Payment Protection Program (PPP) Loan received through its application to the Federal relief effort. As announced previously, the funds enabled the Company to maintain full employment during a time of widespread uncertainty, producing skin-graft products for patients with serious wounds and burns.Similar to other companies, including those operating in the health care sector, the Company’s business has been negatively impacted by the COVID-19 pandemic. As previously announced, the Company has experienced softened sales due to restricted access, both for patients and our field personnel, and the...

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Yukoterre Appoints New Chief Executive Officer

TORONTO, May 08, 2020 (GLOBE NEWSWIRE) — YUKOTERRE RESOURCES INC. (“Yukoterre”) (CSE:YT), is pleased to announce the appointment of Kenny Choi to the role of Chief Executive Officer, effective immediately.The appointment of Mr. Choi follows the resignation of Rene Bharti as the Chief Executive Officer and as a director of Yukoterre. Mr. Choi is a corporate lawyer who is corporate secretary and legal consultant to various TSX and TSX Venture listed companies in the mining and technology industries. He was previously an associate at a large Toronto corporate law firm, where he worked on a variety of corporate and commercial transactions. Mr. Choi studied at Western University, where he obtained a Juris Doctor from the Faculty of Law and an Honours Business Administration degree from the Ivey Business School. Mr. Choi is also the Corporate...

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Marathon Gold Announces Filing of Preliminary Prospectus

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATESTORONTO, May 08, 2020 (GLOBE NEWSWIRE) — Marathon Gold Corporation (“Marathon” or the “Company”; TSX: MOZ) is pleased to announce that it has filed and obtained a receipt for a short form preliminary prospectus today with the securities regulatory authorities in each of the provinces of Canada, except Quebec, in connection with its previously announced offering whereby a syndicate of underwriters co-led by Canaccord Genuity Corp., Sprott Capital Partners and RBC Capital Markets and including Desjardins Securities Inc., National Bank Financial Inc., Scotia Capital Inc., Beacon Securities Limited, Haywood Securities Inc. and Laurentian Bank Securities Inc. (the “Underwriters”), have agreed to purchase from the Company, on a...

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ENTREC Corporation Completes Sale of Surplus Equipment

ACHESON, Alberta, May 08, 2020 (GLOBE NEWSWIRE) — ENTREC Corporation (“ENTREC” or the “Company”) announced today that it has completed the sale of surplus equipment to Ritchie Bros. Auctioneers (Canada) Ltd. The total proceeds from the sale was $17.7 million. The majority of the surplus equipment sold was associated with the Company’s Acheson location, which was closed in March 2020. The proceeds from the sale were utilized to reduce long-term debt.About ENTRECENTREC is a heavy haul transportation and crane solutions provider to the oil and natural gas, construction, petrochemical, mining and power generation industries. ENTREC is listed on the Toronto Stock Exchange under the symbol ENT.For further information, please contact: John M. Stevens – President & CEOTelephone: (780) 960-5625Jason Vandenberg – CFOTelephone: (780)...

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Ingredion Announces Pricing of $1 Billion Senior Notes Offering

WESTCHESTER, Ill., May 08, 2020 (GLOBE NEWSWIRE) — Ingredion Incorporated (NYSE: INGR), a leading global provider of ingredient solutions to the food manufacturing industry, today announced the pricing of an offering of $600 million principal amount of 2.900% senior notes due 2030 and $400 million principal amount of 3.900% senior notes due 2050.The offering was made pursuant to a registration statement filed with the U.S. Securities and Exchange Commission. The offering is expected to close on May 13, 2020, subject to customary closing conditions.Ingredion estimates that the net proceeds from the offering will be approximately $986 million after deducting the underwriting discount and before deducting other estimated expenses. Ingredion plans to use the net proceeds of this offering to repay all or a portion of the outstanding...

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Capital Senior Living Corporation Announces Release Date For First Quarter 2020 Financial Results

DALLAS, May 08, 2020 (GLOBE NEWSWIRE) — Capital Senior Living Corporation (NYSE:CSU) will host a conference call with senior management to discuss the Company’s first quarter 2020 financial results.  The call will be held on Thursday, May 21, 2020, at 10:00 a.m. Eastern Time.  The Company’s earnings announcement is scheduled to be released to news services before the market opens on Thursday, May 21, 2020.The call-in number is 323-994-2082, confirmation code 9553593.  A link to a simultaneous webcast of the teleconference will be available at www.capitalsenior.com through Windows Media Player or RealPlayer.For the convenience of the Company’s shareholders and the public, the conference call will be recorded and available for replay starting May 21, 2020 at 1:00 p.m. Eastern Time, until May 29, 2020 at 1:00 p.m. Eastern Time.  To...

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Enerflex Announces Election of Board of Directors

CALGARY, Alberta, May 08, 2020 (GLOBE NEWSWIRE) — Enerflex Ltd. (TSX:EFX) (“Enerflex” or the “Company”), is pleased to announce that all of the nominees listed in its Management Information Circular dated March 9, 2020 were elected as directors of Enerflex until the next annual meeting of shareholders. The detailed results of the vote held earlier today are set out below.Election of DirectorsOn a vote by ballot, each of the following ten nominees proposed by management was elected as a director of Enerflex.  A total of 74,028,622 common shares, representing 82.55% of the shares outstanding, were represented in person and by proxy at the meeting.About EnerflexEnerflex Ltd. is a single source supplier of natural gas compression, oil and gas processing, refrigeration systems, and electric power generation equipment...

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Surgery Partners Announces Change in Annual Meeting Location to Virtual Format

BRENTWOOD, Tenn., May 08, 2020 (GLOBE NEWSWIRE) — Surgery Partners, Inc. (NASDAQ: SGRY) (“Surgery Partners” or the “Company”), a leading short-stay surgical facility owner and operator, today announced a change in the format for the Company’s 2020 annual meeting of stockholders (the “annual meeting”) by filing additional proxy materials with the Securities and Exchange Commission. Due to the evolving public health impact of the COVID-19 pandemic, and to support the health and safety of the Company’s directors, employees and stockholders, Surgery Partners will hold its annual meeting solely by remote communication in a virtual meeting format only. Stockholders will not be able to attend the annual meeting in person.Surgery Partners’ annual meeting will be held on Wednesday, May 27, 2020, at 8:00 a.m. (Central Daylight Time). To participate...

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Legacy Acquisition Corp. Announces Contribution for Extension Amendment and Intention to Provide Update on the Blue Impact Business and Business Combination

—Reaffirms Intention to Pursue Acquisition of the Blue Impact Business—New York, NY, May 08, 2020 (GLOBE NEWSWIRE) —  Legacy Acquisition Corp. (NYSE: “LGC”) (“Legacy”), a publicly-traded Special Purpose Acquisition Company, announced today that it will make a contribution (the “Contribution”) to Legacy’s trust account in an amount equal to $0.02 per share of Class A common stock issued in Legacy’s initial public offering that is not redeemed in connection with the stockholder approval of the amendment to its charter (the “Extension Amendment”) to extend the date by which Legacy has to complete a business combination from May 20, 2020 to November 20, 2020 (the “Extension”) for each month of the Extension, if the Extension Amendment is approved and the Extension implemented.  The Contribution will not accrue interest and the aggregate...

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