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Month: May 2020

Marinus Pharmaceuticals Announces Proposed Public Offering of Common Stock

RADNOR, Pa., May 28, 2020 (GLOBE NEWSWIRE) — Marinus Pharmaceuticals, Inc. (Nasdaq: MRNS) (“Marinus” or the “Company”), a pharmaceutical company dedicated to the development of innovative therapeutics to treat rare seizure disorders, today announced that it intends to offer and sell shares of its common stock in an underwritten public offering. All of the shares to be sold in the offering will be offered by Marinus. The offering is subject to market conditions and there can be no assurance as to whether or when the offering may be completed, or as to the actual size or terms of the offering. In addition, Marinus intends to grant the underwriters a 30-day option to purchase up to an additional 15 percent of the number of shares offered in the public offering.Cowen and Cantor Fitzgerald & Co. are acting as lead book-running managers...

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Galapagos increases share capital through subscription right exercises

Mechelen, Belgium; 28 May 2020, 22.01 CET; regulated information – Galapagos NV (Euronext & NASDAQ: GLPG) announces a share capital increase arising from subscription right exercises.Galapagos issued 435,540 new ordinary shares on 28 May 2020, for a total capital increase (including issuance premium) of €17,914,162.40.CEO Onno van de Stolpe exercised 40,000 subscription rights. Four other management board members exercised an aggregate number of 345,000 subscription rights. In addition, one member of the supervisory board exercised 2,520 subscription rights.In accordance with Belgian transparency legislation1, Galapagos notes that its total share capital currently amounts to €352,968,964.92, the total number of securities conferring voting rights amounts to 65,254,562, which is also the total number of voting rights (the “denominator”),...

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Galapagos verhoogt kapitaal door uitoefening van inschrijvingsrechten

Mechelen, België; 28 mei 2020, 22.01 CET; gereglementeerde informatie – Galapagos NV (Euronext & NASDAQ: GLPG) kondigt een kapitaalverhoging aan als gevolg van de uitoefening van inschrijvingsrechten.Galapagos heeft 435.540 nieuwe aandelen uitgegeven op 28 mei 2020, met een totale kapitaalverhoging van €17.914.162,40 (inclusief uitgiftepremie) tot gevolg.CEO Onno van de Stolpe heeft 40.000 inschrijvingsrechten uitgeoefend. Vier andere leden van de directieraad hebben in het totaal 345.000 inschrijvingsrechten uitgeoefend. Verder heeft één lid van de raad van toezicht 2.520 inschrijvingsrechten uitgeoefend.Overeenkomstig de Belgische transparantiewetgeving1 deelt Galapagos mee dat haar maatschappelijk kapitaal thans €352.968.964,92 bedraagt; het totaal aantal stemrechtverlenende effecten bedraagt 65.254.562, wat gelijk is aan het...

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Extendicare Announces Voting Results from the 2020 Annual Meeting of Shareholders and Board Changes

MARKHAM, Ontario, May 28, 2020 (GLOBE NEWSWIRE) — Extendicare Inc. (“Extendicare” or the “Company”) (TSX: EXE) today announced the results of matters voted on at its annual shareholders’ meeting held on May 28, 2020 (the “Meeting”), which included the election as directors of the Company of all of the nominees listed in its management information and proxy circular dated April 16, 2020 (the “Information Circular”). The voting results for each of the matters considered at the Meeting are presented below. The total number of common shares represented by shareholders present in person or by proxy at the Meeting was 32,886,170, representing 36.76% of the Company’s outstanding common shares.1.    Election of DirectorsOn a vote by ballot, the election of the following nine nominees as directors of the Company to hold office until the...

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Southstone Reports Shares for Debt Settlement

VANCOUVER, British Columbia, May 28, 2020 (GLOBE NEWSWIRE) — Southstone Minerals Limited (“Southstone” or the “Company”) (TSX.V – SML) announces that it has agreed to settle outstanding indebtedness in the sum of $705,456.75 by the issuance of 7,524,872 common shares in the capital stock of the Company at a price of $0.09375 per share, which transaction is subject to the approval of the TSX Venture Exchange.CC Mining Limited (“CCML”) has agreed to settle indebtedness in the sum of C$498,363 by the issuance of 5,315,872 common shares, resulting in CCML holding 19.90% of the outstanding shares of the Company. In addition, two directors have agreed to settle indebtedness for an aggregate sum of $207,093.75 by the issuance of an aggregate of 2,209,000 common shares.About CC Mining Limited (“CCML”)CC Mining Limited is a member of CC...

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New, Online Tool Helps Furloughed and Laid-Off Americans Understand their Health Insurance Options

DRAPER, Utah, May 28, 2020 (GLOBE NEWSWIRE) — HealthEquity, Inc. (NASDAQ: HQY), the country’s largest provider of health savings accounts (HSAs), today announced the launch of a free, online health insurance education tool to help Americans experiencing job loss identify a menu of health insurance and other options that should be on their radar as they explore coverage.HealthEquity’s educational tool helps users consider healthcare insurance options by asking several, multiple-choice questions about professional and personal life stages and needs. Based upon the answers, the tool lets the user identify several options to consider, such as the Affordable Care Act exchanges, enrolling in COBRA, maximizing HSAs or other elections. The assessment tool is free, anonymous and available to the public.“With unemployment numbers skyrocketing,...

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Freddie Mac Announces LIBOR Transition Website

MCLEAN, Va., May 28, 2020 (GLOBE NEWSWIRE) — Freddie Mac (OTCQB: FMCC) today announced the launch of a new website providing key resources for lenders and investors as the company transitions from the London Interbank Offered Rate (LIBOR). The announcement comes alongside announcements made by the Federal Housing Finance Agency (FHFA) and Fannie Mae.The company released the following statement, which is attributed to Mike Hutchins, Freddie Mac Executive Vice President and Head of Investments and Capital Markets.“The successful transition from LIBOR to alternative reference rates remains one of our top priorities as we approach its potential cessation. Freddie Mac’s new LIBOR Transition website is designed to help lenders and investors efficiently access information they need to achieve this important goal.”Freddie Mac makes home...

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Orkla ASA: Jotun Interim Report  

Jotun, of which Orkla owns 42.6%, has issued its financial statement for 1 January – 30 April 2020.  Please find the financial report and press release enclosed.Orkla ASAOslo, 28 May 2020This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading ActAttachmentsPress release T1 2020Jotun financial report T1 2020

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