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Day: May 22, 2020

Galane Gold Ltd. Releases Financial and Operating Results for Q1 2020

TORONTO, May 22, 2020 (GLOBE NEWSWIRE) — Galane Gold Ltd. (“Galane Gold” or the “Company”) (TSX-V: GG; OTCQB: GGGOF) is pleased to announce the release of its financial results for the three months ended March 31, 2020.A copy of the unaudited condensed consolidated interim financial statements for the three months ended March 31, 2020 prepared in accordance with International Financial Reporting Standards and the corresponding Management’s Discussion and Analysis are available under the Company’s profile on www.sedar.com. All references to “$” in this press release refer to United States dollars.First Quarter 2020 HighlightsProduced 6,818 ounces of gold at Mupane and sold its gold at an average sales price of $1,552 per ounce.Earnings for the period of $1,659,756.Positive cash flows from operating activities, before working capital,...

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Genesis HealthCare to Release First Quarter 2020 Results and Provide COVID-19 Update on May 27, 2020

KENNETT SQUARE, Pa., May 22, 2020 (GLOBE NEWSWIRE) — Genesis HealthCare (NYSE:GEN) (Genesis or the Company), one of the nation’s largest providers of post-acute care, today announced that it expects to release its first quarter ended March 31, 2020 results before the market opens on Wednesday, May 27, 2020. A conference call and webcast will be held on Wednesday, May 27, 2020 at 8:30 a.m. Eastern Time to discuss the results. To participate in the call, interested parties may dial (855) 849-2198 or listen to a live webcast and replay of the call on the Company’s website at http://www.genesishcc.com/investor-relations.About Genesis HealthCareGenesis HealthCare (NYSE: GEN) is a holding company with subsidiaries that, on a combined basis, comprise one of the nation’s largest post-acute care companies providing services to nearly...

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Angus Ventures Completes the Acquisition of the Ellen Creek Gold and River Gold Properties in Wawa, Ontario

TORONTO, May 22, 2020 (GLOBE NEWSWIRE) — Angus Ventures Inc. (TSX-V: GUS) (“Angus” or the “Company”) is pleased to announce that it has closed the previously announced (see May 13, 2020 news release) acquisition of 100% interest in the Ellen Creek Gold Property (“Ellen Creek”) from an individual vendor (the “Vendor) and of 100% interest in River Gold Property (“River Gold”) from Metalcorp Limited (“Metalcorp”).The 100% interest in Ellen Creek, which consists of 14 mining claims, was acquired by the Company in consideration for: i) a one-time cash payment of $1,000; ii) issuing to the Vendor of 22,000 common shares of the Angus (“Common Shares”); and iii) the grant to the Vendor of a 1% net smelter return royalty on production from Ellen Creek, 50% of which can be purchased by the Company for $500,000.The 100% interest in River Gold,...

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Harpoon Therapeutics to Present Interim Clinical Data for TriTAC® HPN424 at the ASCO20 Virtual Scientific Program

SOUTH SAN FRANCISCO, Calif., May 22, 2020 (GLOBE NEWSWIRE) — Harpoon Therapeutics, Inc. (NASDAQ: HARP), a clinical-stage immunotherapy company developing a novel class of T cell engagers, announced today that interim Phase 1 data for HPN424 for prostate cancer will be presented at the American Society of Clinical Oncology (ASCO) 2020 Virtual Scientific Program on May 29, 2020. The poster presentation will show interim data for HPN424 from its ongoing dose escalation Phase 1 clinical trial in patients with metastatic castration-resistant prostate cancer (mCRPC). HPN424 targets prostate-specific membrane antigen (PSMA) and is based on Harpoon’s proprietary Tri-specific T cell Activating Construct (TriTAC®) platform designed to recruit a patient’s own immune cells to target and kill tumor cells.Full details of the presentation are...

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Zynerba Pharmaceuticals to Present at the Jefferies Virtual Healthcare Conference

DEVON, Pa., May 22, 2020 (GLOBE NEWSWIRE) — Zynerba Pharmaceuticals, Inc. (NASDAQ:ZYNE), the leader in innovative pharmaceutically-produced transdermal cannabinoid therapies for rare and near-rare neuropsychiatric disorders, today announced that Zynerba’s Chief Executive Officer, Armando Anido will present a company overview at the Jefferies Virtual Healthcare Conference. The presentation will take place on Tuesday June 2, 2020 at 4:30PM ET. This meeting is being held virtually, and a live webcast of the presentation will be accessible on the Investor Relations page of http://www.zynerba.com.About Zynerba Pharmaceuticals, Inc.Zynerba Pharmaceuticals is the leader in pharmaceutically-produced transdermal cannabinoid therapies for rare and near-rare neuropsychiatric disorders. We are committed to improving the lives of patients and...

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Teligent, Inc. Announces First Quarter 2020 Results

BUENA, N.J., May 22, 2020 (GLOBE NEWSWIRE) — Teligent, Inc. (NASDAQ: TLGT), a New Jersey-based specialty generic pharmaceutical company, today announced its financial results for the first quarter ended March 31, 2020.First Quarter 2020 HighlightsNet Revenues for the first quarter of 2020 decreased to $7.4 million compared to $13.1 million in the same quarter of the prior year. The $5.7 million decrease was driven primarily by a $3.8 million decrease in US Teligent label products relating to lost contract volume and incremental price erosion, a decrease of $1.6 million in Canadian revenues due to supply constraints, and a $.3 million decline in contract manufacturing sales. Inventory reserves increased by $1.4 million in the quarter due to lower of cost or market and quality-related adjustments. Gross profit was a loss of $1.2 million...

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NexTech’s New 3D/AR Ad Network Increases Sales Conversions by 300% for Company’s E-commerce Site

NEW YORK, May 22, 2020 (GLOBE NEWSWIRE) — NexTech AR Solutions (NexTech) (OTCQB: NEXCF) (CSE: NTAR) (FSE: N29), an emerging leader in augmented reality (AR) for eCommerce, AR learning applications, and virtual events is pleased to announce very positive results for its recently launched 3D/AR Ad Network which went live on February 4th 2020. Using the company’s 3D/AR ads resulted in a 300% increase in sales conversions, a 32% increase in click-through-rate (CTR) and a 23% lower cost per click than traditional 2D ads.Guillaume Pascual, NexTech AR Solutions Chief Marketing Officer comments:“I’m very pleased with the results from an advertiser’s standpoint, as I have always been looking for ways to improve banner visibility through innovative formats, and the AR version simply outperforms the classic animated ads. He continues “For...

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Legend Power® Schedules Q2 2020 Financial Results Release and Conference Call

VANCOUVER, British Columbia, May 22, 2020 (GLOBE NEWSWIRE) — Legend Power® Systems Inc. (TSX.V: LPS) (“Legend Power” or the “Company”), a global leader in onsite energy management technology, today announced it will release its Q2 2020 financial results for the six months ended March 31, 2020, on Thursday, May 28, 2020 after the close. The Company has scheduled a conference call to provide a business update and discuss its Q2 2020 financial results for Thursday, May 28, 2020 at 4:15PM ET (1:15PM PT). The call will be hosted by Randy Buchamer, President & Chief Executive Officer and Steve Vanry, Chief Financial Officer.CONFERENCE CALL DETAILS:About Legend Power® Systems Inc.Legend Power® Systems Inc. (www.legendpower.com) is a global leader in onsite energy management technology. They help buildings to overcome grid volatility...

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VitalHub Announces Sale of DOCit Mobile Application to Another Municipally-Operated Long-Term Care Facility – Initial Phase of Deployment to Begin With Rollout of COVID-19 Screening Solution

TORONTO, May 22, 2020 (GLOBE NEWSWIRE) — VitalHub Corp. (the “Company” or “VitalHub”) (TSXV: VHI) is pleased to announce the sale of the DOCit solution to the Corporation of the County of Lambton Long-Term Care Services, marking the addition of another municipally operated, public Long-Term Care facility to our customer ranks.Continuing to build upon the success of the VitalHub-Trinity Village partnership through the Procurement by Co-Design program, this sale demonstrates the growing market demand for the DOCit App, and represents another opportunity to service multi-facility, public sector clients.The County of Lambton owns and operates 3 Long-Term Care Homes as well as two Adult Enrichment Centres offering day programs for dependent adults who live at home. The County of Lambton will leverage the application’s multi-site reporting...

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Monterey Minerals Signs Definitive Agreement to Acquire the Alicia Project in the Philippines

TORONTO, May 22, 2020 (GLOBE NEWSWIRE) — Monterey Minerals Inc. (the “Company” or “Monterey”) (CSE: MREY and FSE :2DK) is pleased to announce that it has signed a definitive agreement (the “DFA”) with Greater Arc Resources Limited to purchase its wholly owned subsidiary Greater Arc Pty Ltd (“Greater Arc”), which owns the Alicia high-grade gold and base metals project in Alicia Municipality, Philippines (“Alicia Project”) (Please see previously announced press release dated February 11, 2020).In accordance to the signed DFA, the proposed acquisition will be closed subject to due diligence and is expected to be completed by June 15, 2020.Alicia Project Highlights:Greater Arc has identified a system of twelve veins hosting high grade gold and base metal mineralization.The mineralized veins are up to 3.8 m wide and up to 1.7 km in length,...

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