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Day: June 2, 2020

SouthGobi announces an update on enforcement of Arbitration Award with First Concept

VANCOUVER, British Columbia, June 02, 2020 (GLOBE NEWSWIRE) — SouthGobi Resources Ltd. (TSX: SGQ, HK: 1878) (“SouthGobi” or the “Company”) announces receipt of a letter dated June 1, 2020 (the “Demand Letter”) from legal counsel to First Concept Industrial Group Limited (“First Concept”) demanding repayment of the outstanding sums and interests pursuant to an enforcement order issued in January 2020 in relation to the arbitration award (the “Arbitration Award”) related to a coal supply agreement with First Concept. The Demand Letter stated that if the Company fails to repay the outstanding payments on or before June 10, 2020, First Concept will initiate a bankruptcy case in the relevant court of Mongolia against SouthGobi Sands LLC, the Company’s subsidiary in Mongolia. For more information regarding the Arbitration Award, the status...

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Veritas Farms, Inc. (OTCQB:VFRM) Reports Financial Results for Year Ended December 31, 2019; Continued Record Revenue Growth with 250% Increase in 2019 Revenues over 2018 and 97% Increase in Q4 2019 Revenues over Q4 2018

Fort Lauderdale, FL, June 02, 2020 (GLOBE NEWSWIRE) — via NEWMEDIAWIRE — Veritas Farms, Inc. (OTCQB:VFRM) (“Veritas Farms” or the “Company”), a vertically integrated agribusiness focused on the production of full spectrum hemp oil products with naturally occurring cannabinoids, announced that the Company has reported its operating results for the year ended December 31, 2019, through the filing of its Annual Report on Form 10-K with the SEC. In filing the report, the Company relied on the extended due date allowed by an SEC exemptive order recently implemented as a result of the delays experienced by public companies in completing and filing reports as a result of the COVID-19 outbreak. The report may be viewed at www.sec.gov.Selected Financial Highlights – 2019 compared to 2018 and 4th Quarter 2019 compared to 4th Quarter...

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Serengeti Announces 2020 Exploration Permits, Plans and Strategy

VANCOUVER, British Columbia, June 02, 2020 (GLOBE NEWSWIRE) — Serengeti Resources Inc. (SIR: TSX-V) (“Serengeti” or “the Company”) is pleased to report that permits have been received from the Ministry of Energy and Mines (“MEM”) for all activities planned for 2020. The fully funded 2020 field season work is planned to begin in mid-June. It will focus on key opportunities to add value to the advanced Kwanika copper-gold project and to the highest priority regional exploration targets, East Niv and Top Cat. The Company’s programs will be conducted while following health and safety guidelines of the Province of BC issued May 13th, 2020.Serengeti’s and its majority owned subsidiary Kwanika Copper Corporation’s (“KCC”) combined cash position is approximately $2.4 million. These funds are sufficient to fund expenditures...

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Matrix Service Company to Present at the Stifel 2020 Virtual Cross Sector Insight Conference

TULSA, Okla., June 02, 2020 (GLOBE NEWSWIRE) — Matrix Service Company (Nasdaq: MTRX) (“Matrix” or “the Company”), a leading contractor to the energy and power markets across North America, announced today that President and Chief Executive Officer John R. Hewitt and Vice President and Chief Financial Officer Kevin Cavanah will be participating in the Stifel 2020 Virtual Cross Sector Insight Conference on Wednesday, June 10, 2020.The Company is currently scheduled to present at the Virtual Conference at 3:20 p.m. eastern time on June 10, 2020. One-on-one virtual meetings with management are also available during the conference with prior notice and may be scheduled by contacting Stifel directly, or by contacting Matrix Service Company at ir@matrixservicecompany.com or Kellie Smythe, Senior Director of Investor Relations at ksmythe@matrixservicecompany.com.About...

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Aduro Biotech and Chinook Therapeutics Announce Definitive Merger Agreement

– Combined Company Will Operate as Chinook Therapeutics and Advance Pipeline of Clinical-Stage Programs in Kidney Diseases, Led by Atrasentan and BION-1301 in IgA Nephropathy– Combined Company Will be Well-Funded With Cash Position of ~$200 Million Expected at Closing, Including $25 Million in Additional Investment Committed by Chinook’s Existing Investors– Multiple Clinical and Regulatory Pipeline Milestones Planned for Combined Company Over the Next 12-18 Months– Companies to Host Joint Conference Call on Tuesday, June 2, 2020 at 8:30 am EDTBERKELEY, Calif., VANCOUVER, British Columbia and SEATTLE, Wash., June 02, 2020 (GLOBE NEWSWIRE) — Aduro Biotech, Inc. (“Aduro”) (NASDAQ: ADRO) and Chinook Therapeutics, Inc. (“Chinook”), a privately held clinical-stage biotechnology company focused on the discovery, development and commercialization...

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Nephros to Present at the Virtual Summer Summit

SOUTH ORANGE, N.J., June 02, 2020 (GLOBE NEWSWIRE) — via NEWMEDIAWIRE — Nephros, Inc. (Nasdaq: NEPH), a commercial-stage company that develops and sells high performance water purification products and pathogen detection systems to the medical and commercial markets, today announced that it will be presenting at the upcoming Virtual Summer Summit on Tuesday, June 9th at 10:55 AM ET. Andy Astor, COO & CFO of Nephros, will be giving the presentation and answering questions from investors.You can access the webcast presentation at the following link: HEREFor more information and to register to attend or request a 1/1 virtual call click: HERE  About NephrosNephros is a commercial-stage company that develops and markets high performance water purification products and pathogen detection systems for medical and commercial markets.Nephros...

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Protech Home Medical Announces Commencement of Trading on the OTCQX® Best Market in the United States

CINCINNATI, June 02, 2020 (GLOBE NEWSWIRE) — Protech Home Medical Corp. (“Protech” or the “Company”) (TSXV: PTQ) (OTCQX: PTQQF), a healthcare services company with operations in the U.S., today announced that it has qualified to trade on the OTCQX® Best Market.The common shares of Protech will commence trading at the open today on OTCQX under the symbol “PTQQF.” U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the company on www.otcmarkets.com.The OTCQX Best Market provides value and convenience to U.S. investors, brokers and institutions seeking to trade PTQQF. The OTCQX Best Market is OTC Markets Group’s premier market for established, investor-focused U.S. and international companies. Trading on the OTCQX Market is intended to offer companies efficient, cost-effective access to the U.S....

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Calithera Biosciences Announces New Employment Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)

SOUTH SAN FRANCISCO, Calif., June 02, 2020 (GLOBE NEWSWIRE) — Calithera Biosciences, Inc. (Nasdaq: CALA), a clinical stage biotechnology company focused on discovering and developing novel small molecule drugs for the treatment of cancer and other life-threatening diseases, today announced that the compensation committee of the company’s board of directors granted two new employees a non-qualified stock option to purchase an aggregate of 15,200 shares of Calithera’s common stock, at a per share exercise price of $5.82, the closing trading price on May 29, 2020. One-fourth of the options vest in May 2021, and the balance of the options vest in a series of thirty-six successive equal monthly installments thereafter and was granted pursuant to the Calithera Biosciences, Inc. 2018 Inducement Plan, or Inducement Plan, which was approved...

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Global Graphics PLC: Notice of Annual General Meeting

PRESS RELEASEGLOBAL GRAPHICS: NOTICE OF ANNUAL GENERAL MEETINGCambridge (UK) 2 June 2020: Global Graphics PLC (Euronext: GLOG) announces details of its Annual General Meeting.Notice is hereby given that the Annual General Meeting (“AGM”) of Global Graphics PLC (the “Company”) will be held by video conference on Thursday 25 June 2020 at 14:00 hrs (CEST).A copy of the notice, including explanatory notes, is available on the investors section of the Company’s web site at https://www.globalgraphics.com/investors/shareholders-annual-general-meeting.  The meeting notice and explanatory notes have also been mailed to the registered address of all registered shareholders.All proxy voting will be conducted electronically via the Company’s share registrar, Link Asset Services.  Details of which have been provided to registered shareholders.  For...

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Lands’ End Announces Preliminary First Quarter Fiscal 2020 Results

Strong revenue and profit trends disrupted by mid-quarter effects of COVID-19Global eCommerce revenue grew double digits in May compared to the same period last yearProvided second quarter fiscal 2020 net revenue outlookDODGEVILLE, Wis., June 02, 2020 (GLOBE NEWSWIRE) — Lands’ End, Inc. (NASDAQ: LE) today announced preliminary financial results for the first quarter ended May 1, 2020 and commented on its business trends.  Finalization of the results is pending the completion of the Company’s quarterly procedures and preparation and filing of its Quarterly Report on Form 10-Q, which will require additional time this quarter due to COVID-19. First Quarter Fiscal 2020 Highlights:For the first quarter, net revenue decreased 17.3% to $217.0 million, compared to $262.4 million in the first quarter last year, due to decreased demand...

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