Month: May 2020
MELBOURNE, Australia, May 28, 2020 (GLOBE NEWSWIRE) — Genetic Technologies Limited (ASX: GTG; NASDAQ: GENE) (the “Company”), a leader in the development of genetic risk assessment tests, today announced the closing of its previously announced public offering of 3,500,000 American Depositary Shares (“ADSs”), each representing six hundred (600) of the Company’s ordinary shares, at an effective purchase price of $2.00 per ADS, and 500,000 pre-funded warrants, at an effective purchase price of $1.9999 per pre-funded warrant, for aggregate gross proceeds of approximately $8.0 million. Each pre-funded warrant sold in this offering is exercisable into one ADS at an exercise price of $0.0001 per ADS.H.C. Wainwright & Co. acted as the exclusive placement agent for the offering.The Company intends to use the net proceeds from this offering...
Petrolympic Announces Postponement of First Quarter Filings
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TORONTO, May 28, 2020 (GLOBE NEWSWIRE) — Petrolympic Ltd. (TSX-V: PCQ) (the “Company”), wishes to announce that the Company is postponing the reporting of its first quarter Financial Statements and Management’s Discussion and Analysis (“MD&A”) as a result of delays caused by the COVID-19 pandemic. The Company aims to file these documents by the end of June 2020 under the terms of the 45-day extension announced by the Ontario Securities Commission under the “Ontario Instrument 51-502”, dated March 23, 2020.The Company ratifies that management and the Company’s insiders remain subject to the Company’s Insider Trading Policy and confirms that there have been no material business developments since May 2020 when the Company filed its annual audited financial results other than as announced.NEITHER THE TSX VENTURE EXCHANGE...
National Fuel Gas Company Announces Pricing of Public Offering of Common Stock
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WILLIAMSVILLE, N.Y., May 28, 2020 (GLOBE NEWSWIRE) — National Fuel Gas Company (NYSE: NFG) (the “Company”) today announced that the Company has priced an underwritten public offering of 3,800,000 shares of the Company’s common stock (the “Common Stock”) at a price to the public of $39.50 per share. The Company is conducting the offering pursuant to an effective registration statement under the Securities Act of 1933. The underwriters have a 30-day option to purchase up to an additional 570,000 shares of Common Stock. The offering is scheduled to be completed on June 2, 2020, subject to customary closing conditions.The net proceeds to the Company, after deducting the underwriting discounts and commissions and estimated offering expenses, are expected to be approximately $144.8 million (exclusive of the underwriters’ 30-day option...
Immutep Receives US$2.4 Million R&D Tax Incentive from French Government
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SYDNEY, Australia, May 29, 2020 (GLOBE NEWSWIRE) — Immutep Limited (ASX: IMM; NASDAQ: IMMP) (“Immutep“ or “the Company”), a biotechnology company developing novel immunotherapy treatments for cancer and autoimmune diseases, is pleased to announce that it has received a €2,173,454 (~ US$2,407,817) research and development (R&D) tax incentive payment in cash from the French Government under its Crédit d’Impôt Recherche scheme (CIR).The “Crédit d’Impôt Recherche” (CIR), meaning “Research Tax Credit”, is a French government tax incentive by which French companies conducting research and development activities in Europe can be reimbursed 30% of their eligible expenditure.Immutep qualifies to receive CIR tax incentive through its subsidiary Immutep S.A.S. due to the research and development conducted in its laboratory at Châtenay-Malabry...
SEB Announces Postponement in Timing of Annual Meeting of Shareholders and Filing of Executive Compensation Disclosure and Q1 Financial Statements
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MISSISSAUGA, Ontario, May 28, 2020 (GLOBE NEWSWIRE) — Smart Employee Benefits Inc. (“SEB” or the “Company”) (TSXV: SEB) announces that the challenges posed by COVID-19 have resulted in a continuing delay in the finalization and filing of the Company’s interim financial statements for the quarter ended February 29, 2020 and the related management’s discussion and analysis (collectively the “First Quarter Filings”), as required by Part 4 and Part 5 of National Instrument 51-102: Continuous Disclosure Obligations. This news release is being issued in accordance with the blanket relief of a 45-day extension, provided by Canadian Securities Administrators and Ontario Instrument 51-502: Temporary Exemption from Certain Corporate Finance Requirements, for periodic filings normally required to be made by issuers during the period from March...
Afya Limited Announces First Quarter 2020 Financial Results
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NOVA LIMA, Brazil, May 28, 2020 (GLOBE NEWSWIRE) — Afya Limited (Nasdaq: AFYA) (“Afya” or the “Company”), the leading medical education group in Brazil, today reported financial and operating results for the three-month period ended March 31, 2020. Financial results are expressed in Brazilian Reais and are presented in accordance with International Financial Reporting Standards (IFRS).First quarter 2020 main highlightsPro forma Net Revenue grew by 27.2% year over year (YoY), reaching R$272.3 million. Pro forma Net Revenue excluding UniRedentor grew 20.1%.Pro forma Adjusted EBITDA increased 36.0% YoY reaching R$140.6 million, with EBITDA margin of 51.6%, increasing 330 basis points (bps). Pro forma Adjusted EBITDA excluding UniRedentor grew 33.3%, with EBITDA margin expanding 530 bps.Adjusted Net Income of R$124.0 million, up 131.7%...
Titanium Corporation Reports First Quarter Ended March 31, 2020 and Provides Project Update
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CALGARY, Alberta, May 28, 2020 (GLOBE NEWSWIRE) — Titanium Corporation Inc. (the “Company” or “Titanium”) (TSX-V: TIC) today released its results for the three-month period ended March 31, 2020.In the first quarter of 2020, the COVID-19 pandemic and the collapse of oil demand and prices introduced unprecedented uncertainties for industries and economies globally. These include sectors directly related to the Company’s Creating Value from Waste™ technology (“CVW™”) at the Canadian Natural Resources Limited (“Canadian Natural”) Horizon site (the “Project”), including Canada’s oil sands industry, the global mineral sands industry and the Canadian economy. The duration and the extent of the impact of these events is not known but could adversely affect the progress and timing of the Project. In response, the Company has taken measures...
Grupo Aeroportuario del Pacífico Announces Filing of 2019 Annual Report and Form 20-F
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GUADALAJARA, Mexico, May 28, 2020 (GLOBE NEWSWIRE) — Grupo Aeroportuario del Pacifico, S.A.B. de C.V. (NYSE: PAC; BMV: GAP) (“the Company” or “GAP”) today announced the filing of its annual report, corresponding to the year ended December 31, 2019, with the Mexican Stock Exchange (“BMV”), as well as the filling of its Form 20-F with the U.S. Securities and Exchange Commission (“the SEC”). These documents can be accessed on following websites: for the BMV (www.bmv.com.mx), for the SEC (www.sec.gov), respectively, or on GAP’s corporate website at www.aeropuertosgap.com.mx under the “Investors” section.Additionally, the Company’s shareholders may receive a hard copy of these reports, which include GAP’s audited consolidated financial statements, free of charge by contacting i-advize Corporate Communications, Inc. at +1-212-406-3691...
Indus Holdings, Inc. Reports First Quarter 2020 Results and Announces Final Closing of Convertible Debenture Financing
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SALINAS, Calif., May 28, 2020 (GLOBE NEWSWIRE) — Indus Holdings, Inc. (“Indus” or the “Company”) (CSE: INDS; OTCQX: INDXF), a leading, vertically-integrated, California-focused cannabis company, announces its financial results for the first quarter 2020 (ended March 31, 2020). All figures stated are in US Dollars.First Quarter Financial and Operational Highlights:Revenue generated for the three-month period ended March 31, 2020, was $9.4 million; a 46.7% year-over-year growth from the first quarter last year and a decrease of 12.6% from the prior quarter. As a percentage of revenues, owned brands grew from 51% in the prior quarter to 55% in the first quarter while agency brands declined from 41% to 29% and distributed brands grew from 8% to 16% from the corresponding quarters.EBITDA for the three-month period ended March 31,...
AAR named to “Best of the Best 2020 – Top Veteran-Friendly Companies” by U.S. Veterans Magazine
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Wood Dale, May 28, 2020 (GLOBE NEWSWIRE) — AAR (NYSE: AIR), a leading independent provider of aviation services to commercial and government operators, has been named to the “Best of the Best 2020 – Top Veteran-Friendly Companies” list by U.S. Veterans Magazine (USVM).USVM polled hundreds of Fortune 1000 companies for this year’s Best of the Best evaluations. The award recognizes the top U.S. companies actively recruiting and providing a rewarding work culture for veterans, transitioning service members, disabled veterans and military spouses.“AAR is honored to be recognized as a Top Veteran-Friendly Company,” said John Cooper, AAR SVP of Global Government & Defense. “Our military veterans, who comprise 24% of AAR’s U.S.-based workforce, are an integral part of what makes AAR strong. We are very proud of our team and committed...