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Day: May 26, 2020

Edison Nation Acquires Fifty Percent Interest in Global Clean Solutions, LLC

BETHLEHEM, Pa., May 26, 2020 (GLOBE NEWSWIRE) — Edison Nation, Inc., a multifaceted ecosystem that fosters innovation and drives IP, media and consumer products, is pleased to inform shareholders that it has acquired a fifty percent interest in Global Clean Solutions, LLC.Under the terms of the Agreement, the Company acquired a fifty percent interest in Global Clean Solutions, LLC (“Global”), a Nevada limited liability company, through the exchange of 300,000 shares of common stock for 50 membership units. Simultaneously, the Company entered into a series of transactions, whereby it would guarantee a $2.5 million line of credit to be used for the procurement of raw materials, finished goods, and related medical supplies.Global is soon to launch two new brands of hand sanitizers: (1) Purple Mountain Clean, a 100% US based product;...

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Company announcement: PWT Holding A/S has requested the court for a postponement of the meeting with the creditors to discuss the restructuring proposal to ensure a collective solution for the PWT group

PWT Holding A/S has requested the probate court to postpone the meeting with the creditors, where the restructuring proposal is put to the vote, with two months.The reason for the request is that the restructuring proposal for PWT Group A/S is expected to contain a collective solution for the handling of the companies in the PWT group including PWT Holding A/S.For further information, please contactPWT Holding A/SOle Koch Hansen, CEOTelephone: +45 40444130E-mail: ole@pwtgroup.dkClaus Back Nielsen, CFOTelephone: +45 25434611E-mail: cbn@pwtgroup.dkInformation: This information is information that PWT Holding A/S is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication at 14,00 on 26 May 2020.AttachmentPWT Holding AS – Company announcement – Request for postponement of...

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Timbercreek Financial Declares May 2020 Dividend

TORONTO, May 26, 2020 (GLOBE NEWSWIRE) — Timbercreek Financial (TSX: TF) (the “Company”) is pleased to announce that its board of directors (the “Board”) has declared a monthly cash dividend of $0.0575 per common share (“Common Share”) of the Company to be paid on June 15, 2020 to holders of Common Shares of record on May 29, 2020.The Company also offers a Dividend Reinvestment Plan (the “Plan”), which is eligible to holders of Common Shares and provides a convenient means to purchase additional Common Shares by reinvesting cash dividends at a potential discount and without having to pay commissions, service charges or brokerage fees.Pursuant to the Plan and at the discretion of Timbercreek Capital Inc., the Manager, Common Shares will be acquired in the open market at prevailing prices or issued from treasury at 98 percent of the...

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Cellectar Receives FDA Fast Track Designation for CLR 131 in Lymphoplasmacytic Lymphoma/Waldenstrom’s Macroglobulinemia

FLORHAM PARK, N.J., May 26, 2020 (GLOBE NEWSWIRE) — Cellectar Biosciences, Inc. (NASDAQ: CLRB), a clinical-stage biopharmaceutical company focused on the discovery, development and commercialization of drugs for the treatment of cancer, today announced the U.S. Food and Drug Administration (FDA) has granted Fast Track Designation for CLR 131 in lymphoplasmacytic lymphoma (LPL)/Waldenstrom’s macroglobulinemia (WM) in patients having received two prior treatment regimens or more. CLR 131 is the company’s small-molecule, cancer-targeting radiotherapeutic Phospholipid Drug Conjugate™ (PDC™) designed to deliver cytotoxic radiation directly and selectively to cancer cells and cancer stem cells. It is currently being evaluated in Cellectar’s ongoing Phase 2 CLOVER-1 clinical study in patients with relapsed or refractory multiple myeloma...

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Rush Factory Oyj: Johdon liiketoimet

RUSH FACTORY OYJ | Johdon liiketoimet 26.5.2020Toimitusjohtaja Markus Niemelän yhtiö Niemelän Markka & Ropo Oy on lainannut osakkeita markkinatakaajalle.IlmoitusvelvollinenNimi: Niemelän Markka & Ropo Oy, OikeushenkilöAsema: Lähipiiriin kuuluva henkilöLiikkeeseenlaskijassa johtotehtävissä toimiva henkilöNimi: Markus NiemeläAsema: ToimitusjohtajaLiikkeeseenlaskija: Nimi: Rush Factory OyjLEI: 7437005EAHL4V304R216Ilmoituksen luonne: ENSIMMÄINEN ILMOITUSViitenumero: 7437005EAHL4V304R216_20200525094856_2____________________________________________Liiketoimen päivämäärä: 22.05.2020Kauppapaikka: OFF_EXCHANGE LIIKETOIMET (XOFF)Liiketoimen luonne: LAINAKSI ANTAMINENInstrumenttityyppi: OSAKEISIN: FI4000348909Liiketoimien yksityiskohtaiset tiedot(1): Volyymi: 30000 Yksikköhinta: 0,00 EURLiiketoimien yhdistetyt tiedot(1): Volyymi: 30000...

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New Pacific Announces Silvercorp Participation in Bought Deal Financing

Not for distribution to U.S. news wire services or dissemination in the United States.VANCOUVER, British Columbia, May 26, 2020 (GLOBE NEWSWIRE) — New Pacific Metals Corp. (TSX-V: NUAG) (“New Pacific” or the “Company”) is pleased to announce that Silvercorp Metals Inc. (“Silvercorp”) has indicated its intent to participate in the Company’s bought deal financing (the “Offering”), previously announced on May 19, 2020, by purchasing common shares of the Company (“Common Shares”) to maintain its pro rata interest of 28.8% of the outstanding Common Shares pursuant to its participation right and further increase its interest by 100,000 Common Shares, for an aggregate of 1,320,710 Common Shares.The Offering is expected to close on or about June 9, 2020 and is subject to the Company receiving all necessary regulatory and stock...

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NexTech Lands Contract to Supply AR for American Multinational Technology Company

NEW YORK and TORONTO, May 26, 2020 (GLOBE NEWSWIRE) — NexTech AR Solutions (the “Company” or “NexTech”) (OTCQB: NEXCF) (CSE: NTAR) (FSE: N29), an emerging leader in augmented reality for eCommerce, AR learning applications, and virtual events is pleased to announce that it has signed a contract to supply its Augmented Reality Solutions to a $30 billion market capital, publicly-traded global technology company.Nextech will initially supply this global technology leader with AR using it’s brandable ARitize™ app for new technology product demonstrations, however given the ongoing restrictions on human interactions due to COVID-19 both companies are working together to create many new and exciting AR business use cases. The company is currently experiencing a surge in demand across it’s multiple business segments including; AR eCommerce,...

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G2 Drills 4.8 m @ 10.6 g/t Au and 25 m @ 2.2 g/t Au in 200 m Step-out Hole

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE U.S.TORONTO, May 26, 2020 (GLOBE NEWSWIRE) — G2 Goldfields Inc. (TSXV: GTWO) (the “Company” or “G2”) announces further high-grade drill intercepts from the Oko-Aremu Project, Guyana. The 19,200-acre project hosts multiple shafts, pits and zones of mineralization including the historic past producing Aremu Mine. G2 has identified multiple areas of anomalous mineralization over 15 kilometres trending south-east from the Aremu Mine, with the Oko Deformation Zone (ODZ) lying at the south-east end of the trend.  Since November 2019, the Company has completed a total of 46 holes (9,350 metres) in the ODZ establishing an initial one-kilometre strike length of mineralization. All other drill targets at the Oko-Aremu District remain untested.Diamond drill holes OKD...

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Benefitfocus Announces $80 Million Investment by BuildGroup LLC

CHARLESTON, S.C., May 26, 2020 (GLOBE NEWSWIRE) — Benefitfocus, Inc. (NASDAQ: BNFT), the technology platform driving rapid innovation for employers, health plans and consumers, today announced an $80 million investment from BuildGroup LLC, subject to customary closing conditions. Ray August, President and CEO of Benefitfocus, commented, “This investment provides us added financial flexibility to further our mission of improving lives through benefits. The net proceeds from this investment will allow us to accelerate ongoing initiatives, including the potential reduction of debt and the review of value-enhancing acquisitions that meet our stringent criteria and would extend our market or technology leadership. The investment by BuildGroup should help us unlock the Company’s full potential to connect buyers and sellers on our digital...

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ContraFect Corporation Announces Private Placement of Common Stock and Warrants to Pfizer Inc.

YONKERS, N.Y., May 26, 2020 (GLOBE NEWSWIRE) — ContraFect Corporation (Nasdaq: CFRX), a clinical-stage biotechnology company focused on discovering and developing direct lytic agents for the treatment of life-threatening infectious diseases, today announced that Pfizer Inc. (NYSE: PFE) has entered into a stock purchase agreement with ContraFect pursuant to which Pfizer Inc. has agreed to purchase 674,156 shares of ContraFect’s common stock and a warrant to purchase 505,617 shares of ContraFect’s common stock, for approximately $3.0 million in a private placement transaction that is expected to close on May 27, 2020. The private placement is contingent upon the closing of ContraFect’s public offering previously announced on May 21, 2020, and there can be no assurance as to whether or when the private placement may be completed. All...

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