Day: May 15, 2020

BroadVision, Inc. Emerges from Chapter 11 with Confirmation of its Chapter 11 Plan of Reorganization

REDWOOD CITY, Calif., May 15, 2020 (GLOBE NEWSWIRE) — BroadVision, Inc. (the “Company”) announced that the Company has emerged from Chapter 11 bankruptcy protection, successfully completing its financial restructuring process and implementing its plan of reorganization (the “Plan”), which was confirmed today, May 15, 2020, by order of the U.S. Bankruptcy Court District of Delaware today (the “Confirmation Order”). Certain capitalized terms in this release that are not otherwise defined herein will have the meanings assigned to them in the Plan.Pursuant to the Confirmation Order, holders of Allowed Claims against the Debtor will receive full payment of their Claims.  Additionally, holders of record of the Company’s common stock (“Debtor Common Stock”) traded on the Nasdaq Stock Market through the close of business on Monday, May...

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UPDATE — Harvest Oil & Gas Announces Deregistration of Common Stock

HOUSTON, May 15, 2020 (GLOBE NEWSWIRE) — Harvest Oil & Gas Corp. (OTCQX: HRST) (“Harvest” or the “Company”) announced today that it has filed a Form 15 with the U.S. Securities and Exchange Commission (the “SEC”) to voluntarily deregister its common stock, par value $0.01 per share (the “Common Stock”) and suspend its reporting obligations under the Securities Exchange Act of 1934, as amended (the “Exchange Act”). As a result of the Form 15 filing, the Company will no longer be required to file reports under the Exchange Act, including annual reports on Form 10-K, quarterly reports on Form 10-Q and current reports on Form 8-K.Due to its recent reverse stock split, Harvest’s shares are currently quoted and traded on OTC Market’s OTCQX U.S. Premier Marketplace (the “OTCQX”) under the trading symbol “HRSTD”.  Harvest anticipates...

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NOVAGOLD Announces Election of Directors and Voting Results from 2020 Annual General Meeting of Shareholders

A total of 269,575,448 or 82.02% of the Company’s issued and outstanding shares were represented at the MeetingAll seven proposals to shareholders were approved, including the election of all 10 director nominees; Dr. Elaine Dorward-King joins the BoardDuring the 2020 proxy season, NOVAGOLD placed outreach calls to shareholders holding more than 90% of the Company’s issued and outstanding common shares entitled to voteVANCOUVER, British Columbia, May 15, 2020 (GLOBE NEWSWIRE) — NOVAGOLD RESOURCES INC. (“NOVAGOLD” or the “Company”) (NYSE American, TSX: NG) is pleased to announce the detailed voting results on the items of business considered at its Annual General Meeting of Shareholders held on May 14, 2020 (the “Meeting”). All proposals were approved and all 10 director nominees were elected. A total of 269,575,448 or 82.02% of...

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MPHASE ACQUIRES ASSETS OF CONSUMER ENGAGEMENT TECHNOLOGY COMPANY CLOSECOMMS LIMITED

Gaithersburg, MD, May 15, 2020 (GLOBE NEWSWIRE) — mPhase Technologies, Inc. (OTCQB: XDSL) (“mPhase” or the “Company”) is pleased to announce the acquisition of the assets of CloseComms Limited (“CloseComms”), a private United Kingdom company that has developed an application technology platform that helps businesses connect with, learn from, and engage customers beyond their four walls, while protecting the customers data and allowing them to remain anonymous.CloseComms currently operates under the name “21:32” and has offices in Wales (U.K.) and California (U.S.). CloseComms initial focus is on the quick service restaurant (“QSR”) market. Under the asset purchase agreement, mPhase will issue 2,666,666 shares of restricted common stock and incorporate the CloseComms assets into a new wholly-owned consumer engagement subsidiary....

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Osisko Resumes Operations at Windfall

TORONTO, May 15, 2020 (GLOBE NEWSWIRE) — Osisko Mining Inc. (OSK:TSX. “Osisko” or the “Corporation”) announced today that in accordance with permission from the Government of Quebec to resume exploration activities, and in close collaboration with the Cree First Nation of Waswanipi and the Cree Nation Government, a path has been identified for the resumption of operations at its 100% owned Windfall gold project located in the Abitibi greenstone belt, Urban Township, Eeyou Istchee James Bay, Québec. The collaboration builds on a long standing positive relationship which has allowed the Cree Nation and Osisko to address difficult subjects during these challenging times and provides for mutual support in ensuring the safety of community members and the work force of Osisko Mining Inc.The initial group of employees...

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Bel Fuse Inc. Announces Plans to Adjourn May 19, 2020 Annual Shareholders’ Meeting and Reschedule to Virtual Format

JERSEY CITY, N.J., May 15, 2020 (GLOBE NEWSWIRE) — BEL FUSE INC. (NASDAQ:BELFA) and (NASDAQ:BELFB) today announced that the Board plans to adjourn its 2020 Annual Shareholders’ meeting that was scheduled for May 19, 2020.  Upon its adjournment, the annual shareholder meeting is expected to be reconvened virtually by remote communication on June 10, 2020 at 2:00 p.m. ET. Bel Fuse Inc. Virtual Shareholder Meeting Information:Daniel Bernstein, Bel’s Chief Executive Officer commented, “With the public’s health and safety paramount to what we do every day, and in compliance with guidelines and restrictions relating to group gatherings, we have decided it is best to move this year’s annual shareholders’ meeting to a virtual environment.  Our gratitude and appreciation go out to our first responders and health care professionals on the...

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Genesis Healthcare, Inc. Announces Change to Location and Format of 2020 Annual Meeting

KENNETT SQUARE, Pa., May 15, 2020 (GLOBE NEWSWIRE) — Genesis HealthCare (“Genesis”) (NYSE: GEN), one of the largest post-acute care providers in the United States, is announcing a change in the location of its 2020 Annual Meeting of Stockholders. In light of the public health concerns regarding the COVID-19 pandemic, including federal, state, and local restrictions on in-person gatherings, the Annual Meeting will be held solely by remote communication, in a “virtual-only” format. The previously announced date and time of the meeting, June 3, 2020, at 8:30 a.m. Eastern Time, has not changed.The meeting will be accessible to stockholders at www.virtualshareholdermeeting.com/GEN2020 using the 16-digit control number that is located on their proxy card, voting instruction form, or Important Notice Regarding the Availability of Proxy...

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Rock Tech Shareholders Approve All Motions at Annual General & Special Meeting

VANCOUVER, British Columbia, May 15, 2020 (GLOBE NEWSWIRE) — Rock Tech Lithium Inc. (TSX-V: RCK) (the “Company” or “Rock Tech”) is pleased to announce that all matters set forth in the management proxy and information circular dated April 16, 2020, (the “Circular”) were approved by the shareholders of Rock Tech at the Company’s Annual General & Special Meeting (the “Meeting”) in Vancouver on May 15, 2020.  All directors, as set forth in the Circular, were elected with each director receiving at least 99.92% of the votes cast for the election of directors.  Mr. Dirk Harbecke, Dr. Peter Kausch, Mr. Martin Stephan, Mr. Simon Bodensteiner and Mr. Brad Barnett were re-elected to the board.  Dale Matheson Carr-Hilton Labonte LLP was re-appointed as the auditor, receiving 99.97% of the votes cast for the appointment of auditors. ...

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MVC Capital Announces 2020 Annual Meeting on July 15, 2020

PURCHASE, N.Y., May 15, 2020 (GLOBE NEWSWIRE) — MVC Capital, Inc. (NYSE: MVC) (the “Company”), a publicly traded business development company (BDC) that makes private debt and equity investments, announced today that it will hold its 2020 Annual Meeting of Stockholders on Wednesday, July 15, 2020. The record date for the determination of those stockholders entitled to notice and to vote at the meeting is May 26, 2020 and materials are expected to be mailed on or about June 10, 2020.MVC intends to hold its annual meeting in person at the offices of Kramer Levin Naftalis & Frankel LLP, 1177 Avenue of the Americas, New York, NY 10036.However, the Company continues to monitor developments regarding the COVID-19 pandemic. In the event it is not possible or advisable to hold the annual meeting in person, MVC will announce alternative...

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SHARC International Provides Update on Filing of Annual Filings Due to COVID-19 Related Delays

VANCOUVER, British Columbia, May 15, 2020 (GLOBE NEWSWIRE) — SHARC International Systems Inc.  (CSE: SHRC) (FSE: IWIA) (OTCQB: INTWF) (“SHARC” or the “Company”) has previously announced on April 24, 2020 that the Company will be relying on relief granted by the British Columbia Securities Commission (“BCSC”) under BC Instrument 51-525 (“BCI 51-525“) for temporary exemption from certain continuous disclosure requirements due to the challenges created by COVID-19. A copy of the temporary exemption granted by the BCSC in response to the COVID-19 Pandemic can be found here: BC Instrument 51-515.The Company will delay the following annual filingsAudited Annual Financial Statements for the year ended December 31, 2019Management Discussion and Analysis for the year ended December 31, 2019Annual Certification of...

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