Cryptologic Releases 2019 Year End Financial Results

Written by Customer Service on May 13, 2020. Posted in Public Companies.

TORONTO, May 13, 2020 (GLOBE NEWSWIRE) — Cryptologic Inc. (“Cryptologic” or the “Company”) (CSE:CRY) today announces its financial results for the year ended December 31, 2019. Selected financial information of the Company for the three months and years ended December 31, 2019 and 2018 is set forth below:For the Three Months Ended December 31, 2019 and 2018During the three months ended December 31, 2019, the Company mined 300.74 Bitcoins compared to 918.35 Bitcoins in the prior year period. The decrease in Bitcoins results from (i) the sale of 8,475 mining machines representing approximately 38% of the Company’s total miners, and (ii) increased network difficulty due to increased network hashrate and a corresponding decrease in coin production per miner. Average network difficulty for the three months ended December 31, 2019 was...

Genocea to Present Long-term Follow-up Data from GEN-009 Neoantigen Vaccine at Virtual ASCO 2020

Written by Customer Service on May 13, 2020. Posted in Public Companies.

Seven out of eight patients treated on Part A of the study are without disease progression at one-year median follow-upATLAS™-identified neoantigens generate broad, sustained T cell responses starting after only 4 weeks and lasting for up to 6 months after the last vaccinationCAMBRIDGE, Mass., May 13, 2020 (GLOBE NEWSWIRE) — Genocea Biosciences, Inc. (NASDAQ: GNCA), a biopharmaceutical company developing next-generation neoantigen immunotherapies, will present updated durability, safety and immunogenicity clinical data from Part A of its ongoing Phase 1/2a trial for GEN-009, the company’s lead neoantigen vaccine candidate at the virtual 2020 American Society for Clinical Oncology (ASCO) Annual Meeting from May 29-31.The analysis evaluates eight patients from Part A of the trial who were vaccinated with GEN-009 as adjuvant therapy,...

First Majestic Initiates NAFTA Arbitration Process Against Mexico for Violating International Law

Written by Customer Service on May 13, 2020. Posted in Public Companies.

VANCOUVER, British Columbia, May 13, 2020 (GLOBE NEWSWIRE) — FIRST MAJESTIC SILVER CORP. (the “Company” or “First Majestic”) announced today that the Mexican tax authority, the Servicio de Administracion Tributaria (“SAT”), has by its various actions exhibited a total disregard for the applicable provisions of three separate double taxation treaties that it has entered into with Canada, Barbados and Luxembourg, which are relevant to First Majestic and its subsidiaries.SAT has repeatedly and unilaterally chosen to reject requests for dispute resolution procedures, known as mutual agreement procedures (“MAPs”), contained within those three treaties designed for addressing differences in interpretation and application of those treaties. According to the Company’s advisors, such action is unprecedented not only for Mexico...

Gold X Announces Increase in Shareholder Support for Merger With Gran Colombia and Guyana Goldfields

Written by Customer Service on May 13, 2020. Posted in Public Companies.

VANCOUVER, British Columbia, May 13, 2020 (GLOBE NEWSWIRE) — Gold X Mining Corp. (“Gold X”) (TSXV: GLDX, OTCQX: SSPXF) is pleased to announce that certain shareholders of Gold X, who collectively hold 2,897,225 shares or 7.62% of Gold X’s issued common shares, have entered into voting support agreements in favour of the business combination (the “Gold X Transaction”) with Gran Colombia Gold Corp. (“Gran Colombia”) (TSX: GCM; OTCQX: TPRFF).When added to the previously announced voting support agreements entered into by directors, officers and shareholders of Gold X, the aggregate number of common shares for which voting support agreements have been signed is 8,785,015 common shares or 23.10% of Gold X’s issued common shares. As a result, including the common shares held by Gran Colombia, 42.33% of Gold X’s issued common shares will...

Oncocyte Announces New Data to Be Presented at the 2020 American Society of Clinical Oncology (ASCO) Annual Meeting Demonstrating That the DetermaIO™ Gene Expression Test May Predict Response to Immunotherapy in Triple Negative Breast Cancer

Written by Customer Service on May 13, 2020. Posted in Public Companies.

Combined with the previously presented data in non-small cell lung cancer (NSCLC), these data expand the potential clinical applicability of DetermaIO™ across cancer typesCollaborators will also present results from a health economic study of DetermaRx™, demonstrating its potential healthcare savings of up to $450 millionIRVINE, Calif., May 13, 2020 (GLOBE NEWSWIRE) — Oncocyte Corporation (NYSE American: OCX), a molecular diagnostics company with a mission to provide actionable answers at critical decision points across the cancer care continuum, today announced presentations at the 2020 American Society of Clinical Oncology (ASCO), being held virtually May 29-31, 2020. “Our studies being presented at ASCO highlight Oncocyte’s focus on providing high-value tests to patients across the cancer care continuum,” said Ron Andrews, Chief...

Epsilon Reports First Quarter 2020 Results

Written by Customer Service on May 13, 2020. Posted in Earnings Releases And Operating Results.

HOUSTON, May 13, 2020 (GLOBE NEWSWIRE) — Epsilon Energy Ltd. (“Epsilon” or the “Company”) (NASDAQ: EPSN) today reported first quarter 2020 financial and operating results and material subsequent events following the end of the quarter through the date of this release.Marcellus net revenue interest (NRI) gas production averaged 29.4 MMcf/d (Working Interest of 33.8 MM/d). Auburn System gathered and delivered 23 Bcfe gross (8.1 Bcfe net to Epsilon’s interest) which represents approximately 77% of the designed throughput capacity. Total Revenues of $6.4 MM for the quarter Generated EBITDA of $4.6 MM and free cash flow (FCF) of $2.9 MM for the quarter. Net income before tax of $0.64 MM for the quarter following a $1.76 MM write down of the Oklahoma producing assets resulting from the recent drastic price deterioration due to global...

Macarthur engages North American investor relations group

Written by Customer Service on May 13, 2020. Posted in Public Companies.

VANCOUVER, British Columbia, May 13, 2020 (GLOBE NEWSWIRE) — Macarthur Minerals Limited (TSX-V: MMS) (ASX: MIO) (the “Company” or “Macarthur”) has engaged Canadian company Investor Cubed Inc. (”Investor Cubed”) to provide capital markets advice, investor relations and marketing development services to the Company.The engagement terms with Investor Cubed are:a consulting contract paying C$5,000 per month for a term of twelve months; andRight to purchase 1,500,000 options for Macarthur shares, granted as follows: 500,000 options with an exercise price of C$0.16 exercisable until 31 December 2022 500,000 options with an exercise price of C$0.24 exercisable until 31 December 2022 500,000 options with an exercise price of C$0.32 exercisable until 31 December 2022.The performance based options will be governed by the provisions of Macarthur’s...

Mandalay Resources Corporation Announces Financial Results for the First Quarter of 2020

Written by Customer Service on May 13, 2020. Posted in Public Companies.

TORONTO, May 13, 2020 (GLOBE NEWSWIRE) — Mandalay Resources Corporation (“Mandalay” or the “Company”) (TSX: MND, OTCQB: MNDJF) today announced its financial results for the quarter ended March 31, 2020.The Company’s condensed and consolidated interim financial results for the quarter ended March 31, 2020, together with its Management’s Discussion and Analysis (“MD&A”) for the corresponding period, can be accessed under the Company’s profile on www.sedar.com and on the Company’s website at www.mandalayresources.com. All currency references in this press release are in U.S. dollars except as otherwise indicated.For the first quarter of 2020, the Company generated revenue of $41.6 million, adjusted EBITDA of $20.9 million and an adjusted net income of $5.2 million, or $0.06 per share.Commenting on the results,...

Balmoral Obtains Final Court Order Approving Plan of Arrangement

Written by Customer Service on May 13, 2020. Posted in Public Companies.

VANCOUVER, British Columbia, May 13, 2020 (GLOBE NEWSWIRE) — Balmoral Resources Ltd. (TSX:BAR; OTCQX:BALMF) (“Balmoral”) announces that it has obtained the final order from the Supreme Court of British Columbia approving the previously announced plan of arrangement with Wallbridge Mining Company Limited (“Wallbridge”) pursuant to which Wallbridge has agreed to acquire all of the issued and outstanding shares of Balmoral (the “Balmoral Shares”) in exchange for consideration of 0.71 of a common share of Wallbridge for each Balmoral Share (the “Transaction”), as described in Balmoral’s information circular dated March 27, 2020 (the “Circular”).It is currently anticipated that the Transaction will close on May 22, 2020, subject to the satisfaction and/or waiver of all conditions precedent. The Balmoral Shares will be delisted from trading...

Parex Q1 2020 Results: US$97mm Cash Flow, US$397mm Cash Balance and Debt Free

Written by Customer Service on May 13, 2020. Posted in Public Companies.

CALGARY, Alberta, May 13, 2020 (GLOBE NEWSWIRE) — Parex Resources Inc. (“Parex” or the “Company”) (TSX:PXT), a company focused on Colombian oil exploration and production, announces its unaudited financial and operating results for the three months ended March 31, 2020 (“First Quarter” or “Q1”). All amounts herein are in United States Dollars (“USD”) unless otherwise stated.Please note Parex will hold its Annual General and Special Meeting of Shareholders (“AGM”) virtually on Thursday, May 14, 2020 beginning at 9:30 am (Calgary Time). Following the conclusion of the AGM, the Company will proceed immediately to a Q&A session to discuss the First Quarter results.Parex continues to work with the community during the COVID-19 pandemic to support safety and wellness. The Company is supporting local communities in Calgary and Colombia...

Day: May 13, 2020

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