Day: June 5, 2020

Emergent BioSolutions Statement on U.S. District Court Decision

GAITHERSBURG, Md., June 05, 2020 (GLOBE NEWSWIRE) — Today, the U.S. District Court for the District of New Jersey entered a decision in the patent litigation regarding NARCAN® (naloxone HCl) Nasal Spray 4mg/spray product. The Court ruled in favor of the Defendants, Teva Pharmaceuticals Industries Ltd. Emergent intends to appeal the decision to the Court of Appeals for the Federal Circuit.“We are understandably disappointed by the decision today,” said Doug White, senior vice president and devices business unit head at Emergent BioSolutions. “We remain committed to expanding awareness, maintaining affordability, and increasing access to NARCAN® Nasal Spray, to improving public health, and to assisting those dedicated to ending the opioid crisis.”Financial ConsiderationsThe company will provide an update to its 2020 financial outlook...

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iSIGN Media Announces A Promissory Note Extension and Related Interest Terms

TORONTO, June 05, 2020 (GLOBE NEWSWIRE) — iSIGN Media Solutions Inc. (“iSIGN” or “Company”) (TSX-V: ISD) (OTC: ISDSF), a leading provider of interactive mobile advertising solutions that serves brands, commercial locations, retailers and service providers throughout North America today announced the extension to the due date of a promissory note (“Note”) with Korona Group Ltd. originally entered into during August 2017 and extended in January 2019.The Note matured on January 31, 2020 and the parties have agreed to an extension of the due date to June 30, 2021.  Additionally, the parties have agreed that the interest on the additional term will be by way of a warrant bonus, with the number of warrants being 12,014,000.  Calculation of the number of warrants is based on the $600,700 value of the Note and the warrant exercise price...

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Resverlogix Announces Corporate Update Conference Call & Webcast on June 10, 2020 and Upcoming Presentation at the 57th ERA-EDTA Virtual Congress on June 9, 2020

CALGARY, Alberta, June 05, 2020 (GLOBE NEWSWIRE) — Resverlogix Corp. (“Resverlogix” or the “Company”) (TSX:RVX) is pleased to announce the Company will host a Corporate Update Conference Call and Webcast on June 10th, 2020 at 9 am MT/11 am ET. The Company also announces its participation at the 57th ERA-EDTA Virtual Congress on June 9, 2020 with further details outlined below.Conference Call & Webcast DetailsFor those wishing to join the June 10th Corporate Update Conference Call and Webcast, the event will start promptly at 9 am MT/11 am ET. It is highly recommended to access the webcast over the Internet using the following LINK. A replay of the webcast (using the same LINK provided) will be available for one month following the conclusion of the event.If dialing in by phone, dial 1-800-319-4610 (within...

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FONU2 Inc. of Orlando, FL. announces LYSN Inc./Live Youth Sports Network has acquired a majority interest of FONU2 Inc. (FONU)

ORLANDO, Fla., June 05, 2020 (GLOBE NEWSWIRE) — LYSN Inc. dba. Live Youth Sports Network / LiveYouthSports.com (Demo), the first of its kind, and which has been years in development, announces its plan to launch its fundraising system to high schools nationwide this fall. LYSN is engaged in the business of automatically live streaming high school sports by installing AI and HD webcams in all of the school’s team sports venues. This plan covers all grades and team sports played at the high school venues, at no cost to the school. LYSN’s fundraising/pay per view platform is intended for people with health problems, traveling parents, grandparents, military personnel, alumni, scouts, or anyone who cannot physically make it to the game.The monetization model leverages both local advertising/sponsorships and pay per view viewerships...

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Solar Alliance Completes Shares for Debt Transaction

VANCOUVER, British Columbia and KNOXVILLE, Tenn., June 05, 2020 (GLOBE NEWSWIRE) — Solar Alliance Energy Inc. (‘Solar Alliance’ or the ‘Company’) (TSX-V: SOLR) announces that it has settled and extinguished $111,436.50 of the Company’s outstanding debt (the “Debt“) through the issuance of common shares of the Company (“Common Shares“). In accordance with settlement of Debt (the “Debt Settlement“), the Company issued 4,457,460 Common Shares at a deemed price of $0.025 per Common Share, pursuant to the temporary relief bulletin issued by the Toronto Stock Exchange (“TSX”) on April 8, 2020, to five creditors of the Company.  The Debt Settlement involved the issuance of Common Shares to certain directors and officer and/or companies controlled and directed by such directors and officers (collectively,...

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Pretivm Files Preliminary Base Shelf Prospectus

VANCOUVER, British Columbia, June 05, 2020 (GLOBE NEWSWIRE) — Pretium Resources Inc. (TSX/NYSE: PVG) (“Pretivm” or the “Company”) announces that it has filed a preliminary short form base shelf prospectus with the securities commissions in each of the provinces and territories of Canada.The base shelf prospectus, together with a corresponding shelf registration statement on Form F-10 to be filed with the U.S. Securities and Exchange Commission, when made final or effective, will allow Pretivm to offer up to US$600,000,000 of common shares, debt securities, warrants, units, subscription receipts and share purchase contracts from time to time over the 25-month period after Canadian securities regulatory authorities have issued a receipt for the final short form base shelf prospectus.This news release does not constitute an offer of...

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Melcor REIT terminates Automatic Share Purchase Plan

EDMONTON, Alberta, June 05, 2020 (GLOBE NEWSWIRE) — Melcor Real Estate Investment Trust (TSX:MR.UN) (the REIT) today announced that it is terminating the previously announced Automatic Share Purchase Plan (ASPP) put in place in connection with the normal course issuer bid (NCIB). The termination is effective June 25, 2020. The REIT entered into the ASPP in conjunction with the commencement of the NCIB on April 1, 2020. The ASPP enables a designated securities dealer to act on behalf of the REIT to purchase Trust Units at times when the REIT would not be active in the market due to regulatory restrictions or self-imposed trading blackout periods.The ASPP has been terminated to conserve cash and preserve financial strength.The REIT confirms that at the time of sending the notice of termination of the ASPP, it did not possess knowledge...

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Hagar hf.: Albert Jónsson dregur framboð sitt til baka

Í tilkynningu Alberts Jónssonar til félagsins rétt í þessu kemur fram að hann hafi ákveðið að draga framboð sitt til stjórnar Haga hf. til baka en aðalfundur félagsins fer fram þann 9. júní nk.Eftirtaldir aðilar eru þá í framboði til stjórnar félagsins á fundinum, sbr. tilkynningu fyrr í dag:Davíð Harðarson (f. 1976), fjármálastjóri Nordic VisitorEiríkur S. Jóhannsson (f. 1968), forstjóri Slippsins á AkureyriEva Bryndís Helgadóttir (f. 1972), lögmaður hjá LMB Mandat slf.Jensína Kristín Böðvarsdóttir (f. 1969), ráðgjafi hjá Valcon consultingKatrín Olga Jóhannesdóttir (f. 1962), eigandi Kría konsulting ehf.Rósalind Guðmundsdóttir (f. 1976), framkvæmdastjóri Vélsmiðju Guðmundar ehf.Samkvæmt samþykktum félagsins skal stjórn skipuð fimm mönnum. Stjórn Haga hf.

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New Era Provides Update on Extension of Suyeke Property Permit and Corporate Matters

BEIJING, June 05, 2020 (GLOBE NEWSWIRE) — New Era Minerals Inc. (TSXV: NEM; “New Era” or the “Company”) announced today that it has received notice from the Government of the Xinjiang-Uyghur Autonomous Region Department of Natural Resources (“Xinjiang DNR”) of deficiencies in its application for the extension of the exploration permit for the Company’s principal mineral property, the Suyeke North nickel property (the “Suyeke North Property”) located in Tuoli County, Tacheng Area, Xinjiang-Uyghur Autonomous Region, People’s Republic of China, in which the Company owns an indirect 95% interest. The exploration permit in respect of the Suyeke North Property expired on May 1, 2020 and the Company had applied for a one-year extension prior to expiry and had been awaiting a response to its application.The Xinjiang DNR has advised the Company...

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SCWorx Receives Notification of Deficiency from The Nasdaq Stock Market Due to Company’s 2019 Form 10-K not yet being Filed

NEW YORK, June 05, 2020 (GLOBE NEWSWIRE) — SCWorx Corp. (Nasdaq: WORX) announced today that on June 1 and June 2, 2020, the Nasdaq Stock Market notified the Company that it was not in compliance with the Nasdaq’s rules for continued listing because the Company has not yet filed its 10-K for the fiscal year ended December 31, 2019 (“2019 10-K”), as required by Nasdaq Rule 5250(c)(1) (the June 2 notification superseded the June 1 notification). The Nasdaq notification requires the Company to submit its plan to regain compliance, no later than July 3, 2020.In response to the Nasdaq notification, the Company intends to file its 2019 10-K during the week ended June 12, 2020, but in any case, before the due date for submitting its compliance plan to Nasdaq, the effect of which will be that the Company will have cured the deficiency specified...

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