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Day: June 22, 2020

Celsion Corporation Announces Pricing of $10 Million Underwritten Offering of Common Stock

Lawrenceville, NJ, June 22, 2020 (GLOBE NEWSWIRE) — Celsion Corporation (NASDAQ: CLSN), an oncology drug development company, today announced the entry into an underwriting agreement relating to the sale of 2,666,667 shares of its common stock at an offering price of $3.75 per share, less underwriting discounts and commission. The gross proceeds from the offering will be $10 million, before deducting underwriting discounts and commissions and estimated offering expenses. The shares of common stock are being sold to both existing and new institutional investors of the Company. The offering is expected to close on June 24, 2020, subject to satisfaction of customary closing conditions.Oppenheimer & Co. Inc. is acting as the sole underwriter for the offering.Celsion intends to use the net proceeds for clinical development of our...

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Simplicity Esports and Gaming Company Secures Financing from an Accredited Investor

Boca Raton, Florida, June 22, 2020 (GLOBE NEWSWIRE) — Simplicity Esports and Gaming Company (OTCQB:WINR) (“Simplicity Esports”), announced today that it has secured a 12 month term loan with an accredited investor in the amount of $550,000. The note carries a 12% interest rate, matures on June 18, 2021 and payments begin on October 16, 2020.Roman Franklin, President of Simplicity Esports, stated, “The proceeds from the new note will allow us to payoff the Harbor Gates convertible note prior to maturity or conversion. Additionally, the proceeds will provide the funds needed to capitalize on organic and inorganic growth opportunities that have become available due to COVID-19 related disruptions in various markets.”Simplicity Esports previously announced that it is increasing the frequency and expanding the titles of its online tournaments,...

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Awilco Drilling PLC: Nordic Winter Update

Reference is made to our stock exchange release dated 8 June 2020 advising that Awilco Rig 1 Pte. Ltd. (AR1) has exercised its right to terminate the building contract with Keppel FELS Limited (KFELS) and is entitled to a refund of the instalments paid to KFELS plus accrued interest. KFELS has disputed that AR1 had the right to terminate.Today AR1 has received a notice from KFELS purporting to terminate for failure to pay the next instalment due, and notice that KFELS has commenced arbitration to resolve the disputes concerning termination and its consequences. AR1 maintains its position that it validly terminated the contract and maintains its entitlement to the instalments.Aberdeen, 22 June 2020For further information please contact:Jens Berge, CEOPhone: +44 1224 737900Cathrine Haavind, Investor RelationsPhone: +47 9342 8464Email: ch@awilcodrilling.comThis...

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VR Acquires the Reveille Silver Property to Expand its Big Ten Epithermal Gold-Silver Strategy in Nevada

VANCOUVER, British Columbia, June 22, 2020 (GLOBE NEWSWIRE) — VR Resources Ltd. (TSX.V: VRR, FSE: 5VR; OTCBB: VRRCF), the “Company“, or “VR”, is pleased to announce the acquisition of the Reveille silver property located approximately 75 km’s to the southeast along trend from the Company’s Big Ten epithermal gold project in west-central Nevada.As shown on Figure 1, the Reveille property is located in the southern part of the Walker Lane mineral belt in Nevada, host to numerous Tertiary-aged epithermal gold and silver deposits with production spanning some 160 years, from the days of the Comstock lode at Virginia City in 1860 to the Round Mountain deposit today. Road access to Reveille is from Highway 6 leading east from Tonopah, with local roads and trails around and within the property.The broad terms of the proposed...

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Seanergy Maritime Holdings Corp. Sets Date for the First Quarter Ended March 31, 2020 Financial Results, Conference Call and Webcast

Earnings Release: Thursday, June 25, 2020, After Market Closes in New YorkConference Call and Webcast: Friday, June 26, 2020, at 10:00 a.m. Eastern TimeATHENS, Greece, June 22, 2020 (GLOBE NEWSWIRE) — Seanergy Maritime Holdings Corp. (“Seanergy” or the “Company”) (NASDAQ: SHIP) announced today that it will release its financial results for the first quarter ended March 31, 2020 after the market closes in New York on Thursday, June 25, 2020.On the next day, Friday, June 26, 2020, at 10:00 a.m. Eastern Time, the Company’s management will host a conference call to present the financial results.Conference Call Details: Participants should dial into the call 10 minutes before the scheduled time using the following numbers: 1 (877) 553-9962 (US Toll Free Dial In), 0(808) 238- 0669 (UK Toll Free Dial In) or +44 (0) 2071 928592 (Standard...

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Aerojet Rocketdyne Delivers 600th Boost Motor and Divert and Attitude Control System for THAAD

HUNTSVILLE, Ala., June 22, 2020 (GLOBE NEWSWIRE) — Aerojet Rocketdyne has delivered the 600th Boost Motor and the 600th Divert and Attitude Control System (DACS) for the Terminal High Altitude Area Defense (THAAD) weapon system, one of the nation’s primary defenses against short-, medium-, and intermediate-range missiles.“I am proud of our team’s vital role on this important program,” said Eileen Drake, Aerojet Rocketdyne CEO and president. “Over the past two years they have successfully transferred production from our Sacramento, California site, supported the Missile Defense Agency’s successful THAAD flight test, and delivered the 600th Boost Motor and 600th Divert and Attitude Control System.”A land-based element of the Missile Defense Agency’s Missile Defense system, built by prime contractor Lockheed Martin, THAAD shields deployed...

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FIPP : Communiqué de mise à disposition du rapport du Conseil d’administration sur le gouvernement d’entreprise 2019

FIPPSociété Anonyme au capital de 15 000 000 €2, rue de Bassano – 75116 ParisRCS PARIS 542 047 212Tél : 01 56 52 45 00 – Fax : 01 53 23 10 11Paris, le 22 juin 2020Communiqué de mise à dispositiondu rapport du Conseil d’administrationsur le gouvernement d’entreprisepour l’exercice clos le 31 décembre 2019La Société annonce avoir mis à disposition du public et déposé auprès de l’Autorité des Marchés Financiers le rapport du Conseil d’administration sur le gouvernement d’entreprise pour l’exercice clos le 31 décembre 2019.Le rapport du Conseil d’administration sur le gouvernement d’entreprise peut être consulté sur le site internet de la Société à l’adresse http://www.f-i-p-p.com/ dans la rubrique “informations réglementées”.Pièce jointeFIPP – Communiqué de mise à disposition du rapport sur le gouvernement d’entreprise...

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U.S. Well Services Finalizes Contract to Provide Power Generation Capacity in Mexico

HOUSTON, June 22, 2020 (GLOBE NEWSWIRE) — U.S. Well Services, Inc. (Nasdaq: USWS) today announced it has executed a contract to lease a turbine generator for peaking power and other power generation needs to a customer in Mexicali, Mexico.  U.S. Well Services will deploy one of its PW Power Systems FT8 MOBILEPAC® 30 megawatt mobile natural gas turbine generators to Mexico and expects to place the unit into service during the third quarter of 2020.“I am pleased that U.S. Well Services will be deploying its assets to provide power generation services for customers outside the oil and gas industry.  This contract is a testament to the critical nature of our equipment and the Company’s ability to diversify its business mix,” said Joel Broussard, U.S. Well Services’ President and Chief Executive Officer.  “We believe there is a substantial...

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ParcelPal Technology, Inc. Reports First Quarter 2020 Results Highlighted by Quarterly year over year Revenue Growth of 43%

VANCOUVER, British Columbia, June 22, 2020 (GLOBE NEWSWIRE) — ParcelPal Technology Inc. (“ParcelPal” or the “Company”), (PKG:CSE) (FSE:PT0) (OTC:PTNYF) is pleased to announce its Q1 2020 financial results highlighted by significant revenue growth and a much lower net loss year over year. OverviewIn Q1 2020, the Company continued its operating growth, which was driven by revenue growth of nearly 43% to approximately $1.1 million (up from $770K in Q1 2019). Note: this was a record revenue high for Q1 since inception of the Company.  Also, the Company’s net loss decreased 38% to $866,173 (compared to $1,404,056 in Q1 2019).  Some additional highlights of the quarter included both a significant increase in business with Amazon, as well as continued diversification of our customer base and into other areas driven by home meal kit and...

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Znergy Secures Purchase Order Funding Agreement for Up to $150 Million Annually

SYRACUSE, IN, June 22, 2020 (GLOBE NEWSWIRE) — via NEWMEDIAWIRE — Znergy, Inc. (OTC PINK:ZNRG) (the “Company”), a leading provider of new LED lighting and turnkey LED lighting conversions for businesses, is pleased to announce it has entered into a Purchase Order (PO) Funding Agreement with FSW Funding. The agreement provides annual funding of up to $150 million, which will allow for fulfillment of Znergy’s greater rate of orders, including its largest retrofit contract to-date with one of the top 5 largest worldwide retail clothing chains.Znergy Chief Executive Officer, Dave Baker, commented, “Our fast-growing company is receiving LED retrofit orders at a greater rate than ever before in the history of the company. Short-term purchase order (PO) financing supports us in meeting supplier requirements...

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