Month: May 2020

– On track for filing U.S. Biologics License Application for TransCon hGH in second quarter, and advancing Marketing Authorisation Application in Europe to third quarter  –– Expanded commercial organization to support planned global launch of TransCon hGH –– Conference call today at 4:30 p.m. Eastern Time –COPENHAGEN, Denmark, May 19, 2020 (GLOBE NEWSWIRE) — Ascendis Pharma A/S (Nasdaq: ASND), a biopharmaceutical company that utilizes its innovative TransCon technologies to address unmet medical needs, today announced financial results for the quarter ended March 31, 2020.“We continue to execute on our vision to build a leading biopharma company. In addition to remaining on track to achieve our corporate milestones for 2020, we continue to expand our organization to support the planned global launch of our first commercial product,...

WINNIPEG, Manitoba, May 19, 2020 (GLOBE NEWSWIRE) — Ag Growth International Inc. (TSX: AFN) (“AGI” or the “Company“) is pleased to announce the voting results from its annual and special meeting of shareholders held on May 19, 2020. A total of 10,155,224 common shares, representing approximately 54.31% of AGI’s outstanding shares, were represented in person or by proxy at the meeting.The following nominees were elected as directors for the ensuing year, with the specific voting results being as follows:In addition, all other resolutions presented at the meeting were approved by AGI’s shareholders, including the appointment of Ernst & Young LLP as auditors, the increase in shares issuable under our equity incentive award plan, the reconfirmation of our shareholder rights plan and the reduction...

Leading provider of innovative blockchain business solutions, Appliqate Inc.NEW YORK, May 19, 2020 (GLOBE NEWSWIRE) — Appliqate Inc “OTC (APQT) is excited to announce that we will be launching an exciting new educational platform this summer called NuiNFX. This will be available globally to our customers on May 20, 2020.NuiNFX will be a robust educational system designed to teach our community about multiple world exchange markets and how to participate in them. Those who purchase access to the education system will be taught through pre-recorded videos, daily messaging updates, and daily live video sessions. This new service will be available in multiple languages.We have committed ourselves to the goal of helping people worldwide enhance their lives and what better way to do that than to start with education. Knowledge is power...

NEW YORK, May 19, 2020 (GLOBE NEWSWIRE) — Conversion Labs, Inc. (OTCQB: CVLB), a direct-to-consumer telemedicine and wellness company, reported results for the first quarter ended March 31, 2020. Q1 2020 Financial HighlightsRevenue was a record $4.3 million, up 59% versus Q1 2019.Gross margin totaled $2.5 million, up 28% versus Q1 2019.Customers on subscription across all brands nearly doubled over previous quarter.Based on the strong quarter and continued acceleration of the business, management increased revenue outlook for 2020 from over $30 million to more than $36 million.Q1 2020 Operational HighlightsInvestments in telemedicine business, new technology infrastructure, brand development and customer acquisition continued to strengthen foundation for accelerated growth.Received FDA 510(k) clearance the company’s Shapiro MD™...

MONTREAL, May 19, 2020 (GLOBE NEWSWIRE) — PyroGenesis Canada Inc. (http://pyrogenesis.com) (TSX-V: PYR) (OTCQB: PYRNF) (FRA: 8PY), a high-tech company, (the “Company”, the “Corporation” or “PyroGenesis”) that designs, develops, manufactures and commercializes plasma atomized metal powder, plasma waste-to-energy systems and plasma torch systems, is pleased to announce today that, further to its press releases dated March 4th and April 30th, 2020, it has now entered into the final stages of negotiation for equipment supply with the major iron ore pelletization client (the “Client”) previously disclosed. The Client is a multi-billion-dollar international producer of iron ore pellets, one of the largest in the industry, whose name will remain confidential for competitive reasons. The Client has over 10 plants...

TORONTO, May 19, 2020 (GLOBE NEWSWIRE) — WPT Industrial Real Estate Investment Trust (the “REIT”) (TSX: WIR.U; WIR.UN) (OTCQX: WPTIF) announced today that its Board of Trustees has declared a cash distribution for the month of May 2020 of US$0.0633 per unit. The distribution will be payable on June 15, 2020 to unitholders of record as of the close of business on May 29, 2020.Distributions paid to Canadian unitholders (and other non-U.S. unitholders) generally will be subject to U.S. withholding tax. For a general summary of the taxation of distributions paid to Canadian unitholders, including information regarding U.S. withholding tax, please see the “Certain Canadian Federal Income Tax Considerations”, “Certain U.S. Federal Income Tax Considerations” sections of the REIT’s prospectus dated April 18, 2013, and “Risk Factors – Tax-Related...

Extends Requirements for Purchasing Mortgages in ForbearanceMCLEAN, Va., May 19, 2020 (GLOBE NEWSWIRE) — Freddie Mac (OTCQB: FMCC) today announced temporary requirements and guidance that apply to borrowers who are currently in forbearance or recently ended their forbearance and wish to take advantage of low mortgage rates to purchase or refinance their home.A borrower with outstanding mortgages, including mortgages in forbearance, may qualify for a new purchase or refinance mortgage that will be eligible for sale to Freddie Mac as long as they have continued to make timely payments on their outstanding mortgages. In addition, a purchase or refinance mortgage may be eligible if the borrower missed payments on the mortgage being refinanced or another outstanding mortgage, but subsequently reinstated the mortgage.Additionally, temporary...

 Company Announcement No. 11/2020                                                                                                           Copenhagen, 19 May 2020Net sales of DKK 1,791 million (DKK 1,464 million). Organic growth 5.0%EBITDA before special items of DKK 326 million (DKK 239 million). Organic growth 23.9%EBITDA margin before special items 18.2% (16.3%)Earnings Per Share (EPS) of DKK 0.2 (DKK 0.9). EPS adj. for special items of DKK 1.4 (DKK 1.1)Free cash flow before acquisitions of DKK 122 million (DKK 72 million) In the first quarter of 2020, Scandinavian Tobacco Group A/S delivered net sales of DKK 1,791 million, organic net sales growth of 5.0% and EBITDA before special items of DKK 326 million. The first quarter 2020 includes Agio Cigars, which was acquired on January 2, 2020. The quarter delivered positive organic growth...

 Selskabsmeddelelse Nr. 11/2020                                                                                                           København, 19. maj 2020Nettoomsætning på DKK 1.791 mio. (DKK 1.464 mio.). Organisk vækst på 5,0%EBITDA før særlige poster på DKK 326 mio. (DKK 239 mio.) Organisk vækst på 23,9%EBITDA-margin før særlige poster på 18,2% (16,3%)Resultat pr. aktie (EPS) på DKK 0,2 (DKK 0,9). EPS før særlige poster på DKK 1,4 (DKK 1,1)Frie pengestrømme før virksomhedskøb på DKK 122 mio. (DKK 72 mio.) I 1. kvartal 2020 leverede Scandinavian Tobacco Group en nettoomsætning på DKK 1.791 mio., organisk vækst i nettoomsætningen på 5,0% og EBITDA før særlige poster på DKK 326 mio. Agio Cigars, som blev erhvervet den 2. januar 2020, indgår i tallene for 1. kvartal 2020. Kvartalet bød på organisk vækst i nettoomsætningen inden...

HIGHLIGHTS OF Q1 2020 RESULTSRevenues amounted to EUR 161.7 million, a decrease of EUR 2.3 million or 1.4% when compared with the same quarter in 2019.Revenues affected by 5.0% lower volume in liner services and discontinued operation of ferry Herjólfur.Forwarding volume was down by 7.4% however revenues increased due to higher market prices.Total expenses amounted to EUR 152.3 million, an increase of EUR 1.6 million driven by 3rd party expenses. However, salary expenses decreased by EUR 3.0 million or 9.1%.EBITDA amounted to EUR 9.3 million in the first quarter of 2020 compared to EUR 13.2 million in the same quarter last year, a decrease of 29.4%. Mainly attributed to decreased volume in liner services.Net loss for the period amounted to EUR 4.9 million, compared to EUR 2.5 million for the for the same quarter of 2019.Total CAPEX for...