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Month: May 2020

AFARAK GROUP: LISÄTIETOA MOGALEN BUSINESS RESCUE -SANEERAUSMENETTELYSTÄ

06:15 Lontoo, 08:15 Helsinki, 11. toukokuuta 2020 – Afarak Group Oyj (“Afarak” tai “Yhtiö”) (LSE: AFRK, NASDAQ: AFAGR)LISÄTIETOA MOGALEN BUSINESS RESCUE -SANEERAUSMENETTELYSTÄPörssitiedoteKuten 8. toukokuuta 2020 tiedotettiin, Afarak Mogale (Pty) Ltd ja Afarak South Africa (Pty) Ltd on asetettu vapaaehtoiseen business rescue -saneerausmenettelyyn johtuen yhtiöiden taloudellisista vaikeuksista ja että yhtiöiden hallitukset uskovat, että Afarak Mogale (Pty) Ltd:n ja Afarak South Africa (Pty) Ltd:n pelastamiselle on kohtuulliset mahdollisuudet.Afarak South Africa (Pty) Ltd on Afarak Mogale (Pty) Ltd:n omistusyhteisö.Afarak Mogale (Pty) Ltd:n ja Afarak South Africa (Pty) Ltd:n asettaminen vapaaehtoiseen business rescue -saneerausmenettelyyn ei vaikuta, eikä tule vaikuttamaan muihin Afarakin kaivosvaroihin tai...

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SEB Boprisindikator – Hushållens boprisförväntningar fortsätter nedåt

Hushållens boprisförväntningar fortsätter nedåtSEB:s Boprisindikator minskar med ytterligare 6 punkter i maj, till minus 26. På regional nivå är det små skillnader och indikatorn ligger i de sex regionerna mellan minus 20 och minus 28. Hushållens förväntningar på reporäntans nivå sjunker något och ligger nu på 0,42 procent. Andelen som planerar att binda sina rörliga lån ökar från förra månadens 7 procent till 8 procent.Andelen hushåll som tror på stigande priser minskar med 1 enhet jämfört med förra månaden och ligger nu på 21 procent. Andelen hushåll som tror på sjunkande priser det kommande året uppgår nu till 47 procent, att jämföra med 42 procent föregående månad. Andelen som tror på oförändrade priser har minskat med fyra enheter och ligger denna månad på 23 procent. Boprisindikatorn är skillnaden mellan andelen som tror på stigande...

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Jushi Holdings Inc. Terminates Agreement to Acquire Operational Adult-Use Dispensary in San Diego

BOCA RATON, Fla., May 10, 2020 (GLOBE NEWSWIRE) — Jushi Holdings Inc. (“Jushi” or the “Company”) (CSE: JUSH) (OTCQX: JUSHF), a globally focused, multi-state cannabis and hemp operator, announced the termination of an agreement to acquire an operational adult-use and medicinal dispensary in San Diego, CA.Under the agreement that was signed in the third quarter of 2019, Jushi was to purchase seventy-five percent (75%) equity and voting interest in the San Diego dispensary – subject to working capital and other customary adjustments – for a price of approximately US$12 million. The closing of the transaction was subject to regulatory and other customary closing conditions and was initially scheduled for completion by the end of 2019. On April 8, 2020 the Company notified the sellers of the San Diego dispensary that they were in breach...

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Agreement signed with the Union of Icelandic Aircraft Maintenance Technicians (FVFI)

Icelandair ehf. and the Union of Icelandic Aircraft Maintenance Technicians (FVFI) have agreed on an amended collective-bargaining agreement for the period 1 January 2021 to 31 December 2025. The new agreement reflects the Company’s objectives of strengthening its long-term competitiveness but at the same time maintaining good compensation and working conditions.FVFI will now present the collective-bargaining agreement to its members who will vote on the agreement.Contact informationInvestors: Iris Hulda Thorisdottir, Director Investor Relations. E-mail: iris@icelandairgroup.isMedia: Asdis Petursdottir, Director Communications. E-mail: asdis@icelandair.is

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Statement of EVO Transportation & Energy Services, Inc. Regarding PPP

PHOENIX, May 09, 2020 (GLOBE NEWSWIRE) — EVO Transportation & Energy Services, Inc. (EVO) (OTC Pink: EVOA) applied for and received a Paycheck Protection Program loan under the CARES Act in order to help sustain its business during the coronavirus pandemic affecting the country.  EVO qualified for the program pursuant to “alternative size standards” explicitly set forth in guidance issued by the U.S. Treasury Department and U.S. Small Business Administration for firms with less than $15 million in tangible net worth and less than $5 million in earnings in each of the past two tax years.  The alternative size standards apply regardless of the number of an applicant’s employees. As an essential service provider to the United States Postal Service and other shipping customers, the payroll funding enabled EVO to continue...

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VX Global Statement on Purchase of PPE

New York, NY – USA | May 08, 2020 — John Pappie, The CEO of VX Global Inc., today announced what he feels is an accurate depiction of the supply chain crisis that has engulfed the protective gear market, which is vital to hospitals and governments that are fighting the COVID-19 crisis. Mr. Pappie, stated the company has been working with supply chain specialists and the finance community in an attempt to deliver resources to various government agencies, hospitals, and clinics. He stated that the current system is damaged for several reasons. “There have been massive changes in the way international trade works due to the crisis. This has isolated buyers, manufacturers, and intermediaries where viable solutions are weeks or months away, although products are needed now.” stated Mr. Pappie. The company has noted that...

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LexaGene Holdings Receives Approval to Amend Warrant Terms

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATESBEVERLY, Mass., May 08, 2020 (GLOBE NEWSWIRE) — LexaGene Holdings, Inc., (TSX-V: LXG; OTCQB: LXXGF) (the “Company”) announces that further to its April 29, 2020 press release, it has received approval from the TSX Venture Exchange to amend the exercise price of the common share purchase warrants (the “Warrants”) issued on March 29, 2019.In connection with a $2.65 million offering of units (net of costs), 4,375,271 Warrants were issued with an exercise price of $0.85 per common share of LexaGene (a “Common Share”).  These Warrants have an expiry date of June 29, 2020.  The Company originally announced that it had intended to amend the exercise price of the Warrants to $0.60 per Common Share and amend the terms of the acceleration clause;...

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Constellation Software Inc. Announces Results of Voting for Directors at Annual Shareholders’ Meeting

TORONTO, May 08, 2020 (GLOBE NEWSWIRE) — Constellation Software Inc. (TSX:CSU) is pleased to announce the results of the vote on directors at its May 8, 2020 annual shareholders’ meeting. Each of the eleven nominees listed in the Corporation’s management proxy circular dated March 30, 2020 was elected as a director. Voting was conducted by ballot with the following voting results: Final voting results on all matters voted on at the annual meeting held earlier today will be filed with the Canadian securities regulators.About Constellation Software Inc.Constellation’s common shares are listed on the Toronto Stock Exchange under the symbol “CSU”. Constellation Software acquires, manages and builds vertical market software businesses.For further information:Jamal BakshChief Financial Officer416-861-9677info@csisoftware....

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CytoDyn Clarifies Status of Biologics License Application

VANCOUVER, Washington, May 08, 2020 (GLOBE NEWSWIRE) — CytoDyn Inc. (OTC.QB: CYDY), (“CytoDyn” or the “Company”), a late-stage biotechnology company developing leronlimab (PRO 140), a CCR5 antagonist with the potential for multiple therapeutic indications, today further clarified the status of the Company’s submission of its Biologics License Application (BLA) to the U.S. Food and Drug Administration (FDA) for leronlimab as a combination therapy with HAART for highly treatment experienced HIV patients, filed on April 27, 2020 with the FDA.  The BLA will not be considered completed until the Company submits to the FDA clinical datasets required to address FDA comments it received in March 2020, as described in the Company’s press releases on May 4 and May 6, 2020. CytoDyn expects to submit these clinical datasets on May 11, 2020. After...

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MiMedx Provides Update on Payment Protection Program Loan

MARIETTA, Ga., May 08, 2020 (GLOBE NEWSWIRE) — MiMedx Group, Inc. (OTC PINK: MDXG) (“MiMedx” or “the Company”), an industry leader in advanced wound care and an emerging therapeutic biologics company, today announced that it is repaying the Payment Protection Program (PPP) Loan received through its application to the Federal relief effort. As announced previously, the funds enabled the Company to maintain full employment during a time of widespread uncertainty, producing skin-graft products for patients with serious wounds and burns.Similar to other companies, including those operating in the health care sector, the Company’s business has been negatively impacted by the COVID-19 pandemic. As previously announced, the Company has experienced softened sales due to restricted access, both for patients and our field personnel, and the...

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