Month: June 2020
BOULDER, Colo., June 22, 2020 (GLOBE NEWSWIRE) — miRagen Therapeutics, Inc. (NASDAQ: MGEN), a clinical-stage biopharmaceutical company focused on the discovery and development of RNA-targeted therapies, today announced preclinical safety and efficacy data for MRG-229, a next-generation miR-29 mimic intended for systemic administration and targeted delivery, in Idiopathic Pulmonary Fibrosis (IPF).“MRG-229 has demonstrated mechanistic biomarker regulation and antifibrotic activity in vitro using human model systems. In addition, subcutaneous administration of the product candidate induced the reversal of pathologic fibrotic gene expression and resulted in a significant reduction of fibrosis in the most commonly employed pre-clinical animal model of pulmonary fibrosis. Finally, high doses of MRG-229 in preclinical toxicology studies...
VERUS INTERNATIONAL REPORTS RECORD SECOND QUARTER RESULTS
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Gaithersburg, MD, June 22, 2020 (GLOBE NEWSWIRE) — Verus International, Inc. (“Verus” or the “Company”) (OTCQB: VRUS) reported record results for its second fiscal quarter ended April 30, 2020. In conjunction with this release, the Company is also providing additional details on its business outlook for the second half of fiscal year 2020.For fiscal Q2 2020, management is noting the following items of importance:Revenue set an all-time 2nd quarter record, reaching $4.6 million, an increase of 58% over the $2.9 million reported in Q2 2019.Due to pandemic-related port and store closures, a portion of expected Q2 2020 revenue shifted into Q3 2020.Gross profit margin improved to 15.8%, 46 basis points higher than the 15.4% reported in Q2 2019.Operating expenses of $7.7 million were $7.0 million higher than the $0.7 million reported in...
Epsilon Energy to Present Virtually and Host 1 X 1 Meetings at the 10th Annual East Coast IDEAS Investor Conference on June 24th, 2020
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HOUSTON, June 22, 2020 (GLOBE NEWSWIRE) — Epsilon Energy Ltd. (“Epsilon” or the “Company”) (NASDAQ: EPSN) today announced Michael Raleigh, CEO will participate in the virtual East Coast IDEAS Investor Conference on June 24, 2020. EPSN’s presentation is scheduled to be available at 8:00 am CST on June 24th on the company’s website: http://www.EPSILONENERGYLTD.com. The presentation will also be webcasted and can be accessed through the conference website, www.IDEASconferences.com.About Epsilon
Paramount Gold Nevada Announces Registered Direct Offering and Concurrent Best Efforts Placement in Canada
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WINNEMUCCA, Nev., June 22, 2020 (GLOBE NEWSWIRE) — Paramount Gold Nevada Corp. (NYSE American: PZG) (“Paramount” or the “Company”) announced today that it has commenced a non-brokered registered direct offering (“RD”) of shares to certain US based and other eligible investors. Concurrent to the RD, the Company has engaged Canaccord Genuity Corp. and Cantor Fitzgerald Canada Corporation as agents for a Canadian best efforts offering for minimum aggregate gross proceeds of US$3 million (the “Offerings”). Closing of the Offerings is anticipated to occur on or about June 30, 2020, subject to the satisfaction of customary closing conditions, including approval of the NYSE American stock exchange.Proceeds from the Offerings will be used primarily to advance the ongoing permitting of the Company’s high-grade Grassy Mountain gold project...
Royal Financial, Inc. Announces Third Quarter Loss and Year to Date Earnings for Fiscal Year 2020
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CHICAGO, June 22, 2020 (GLOBE NEWSWIRE) — Royal Financial, Inc. (the “Company”) (OTCQX: RYFL), incorporated under the laws of Delaware on March 15, 2004, for the purpose of serving as the holding company of Royal Savings Bank (the “Bank”), announced a loss for the third quarter of fiscal year 2020.The Company reported net loss of ($578,000), or ($0.23) per common share, for the quarter and $1.0 million or $0.39 per common share, for the nine-month year-to-date (“YTD”) period, respectively, ended March 31, 2020. The Company also reported total assets of $394.9 million and stockholders’ equity of $41.8 million as of March 31, 2020. As of the same date, the Company’s book value per share was $16.35 and tangible book value per share was $15.39.The COVID-19 Pandemic Creates Significant Risks and Uncertainties for Our Business.The World...
AMERISAFE Announces 2020 Second Quarter Earnings Release and Conference Call Schedule
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DERIDDER, La., June 22, 2020 (GLOBE NEWSWIRE) — AMERISAFE, Inc. (Nasdaq: AMSF), a specialty provider of workers’ compensation insurance focused on high hazard industries, today announced it will release its 2020 second quarter financial results on Thursday, July 30, 2020 after the market closes. In conjunction with the release, the Company has scheduled a conference call which will be broadcast live over the Internet on Friday, July 31, 2020 at 10:30AM Eastern time.An archive of the webcast will be available after the call for a period of 60 days in the “Investors” section of the Company’s website.About AMERISAFEAMERISAFE, Inc. is a specialty provider of workers’ compensation insurance focused on small to mid-sized employers engaged in hazardous industries, principally construction, trucking, logging and lumber, manufacturing, and...
NTG has entered into an agreement to purchase 107,187 shares
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Company announcement no. 14 – 20 22 June 2020NTG has entered into an agreement to purchase 107,187 sharesToday, NTG Nordic Transport Group A/S (“NTG”) has entered into an agreement to purchase 107,187 shares (nominally DKK 2,143,740) of a value of DKK 9,861,204 from Holdingsselskabet af 7. marts 2019 ApS.The shares purchased in this transaction will be used as consideration in connection with the acquisition of certain shares in NTG subsidiaries, thereby reducing the non-controlling interests under NTG’s “Ring-the-Bell” concept. The transaction is made in addition to NTG’s 2020 share buy-back program of up to a total of DKK 20,000,000, initiated on 26 May 2020, which continues on the previously announced terms (see company announcement 09 – 20).The purchase price is DKK 92.00 per share, equal to the closing price on 22 June...
W&T Offshore Announces First Quarter 2020 Results
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HOUSTON, June 22, 2020 (GLOBE NEWSWIRE) — W&T Offshore, Inc. (NYSE: WTI) (“W&T” or the “Company”) today reported operational and financial results for the first quarter 2020.Key highlights included:Produced 53,553 barrels of oil equivalent per day (“Boe/d”), or 4.9 million Boe (48% liquids), in the first quarter of 2020, near the high end of W&T’s guidance range, reflecting a 61% increase from the first quarter of 2019 and slightly higher than the fourth quarter of 2019;Reported net income of $66.0 million or $0.46 per share and Adjusted Net Income of $5.8 million or $0.04 per share in the first quarter of 2020;Generated significant Adjusted EBITDA of $62.1 million for the first quarter of 2020, despite a lower pricing environment;Recorded strong cash flow from operating activities of $84.3 million in the first quarter;Closed...
Core-Mark to Webcast Presentation from 2020 Jefferies Virtual Consumer Conference
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WESTLAKE, Texas, June 22, 2020 (GLOBE NEWSWIRE) — Core-Mark Holding Company, Inc. (NASDAQ: CORE), one of the largest marketers of food, fresh and broad-line supply solutions to the convenience retail industry in North America, announced today that it will webcast its presentation from the 2020 Jefferies Virtual Consumer Conference on Wednesday, June 24, 2020 beginning at 10:30 a.m. Eastern.The live webcast can be accessed at www.core-mark.com. An archived replay of the presentation will be available shortly after the live event is completed and will remain on Core-Mark’s website for 30 days.Core-MarkCore-Mark is one of the largest marketers of food, fresh and broad-line supply solutions to the convenience retail industry in North America. Founded in 1888, Core-Mark offers a full range of products, marketing programs and technology...
Blockchain Foundry Announces Renewal of Blockchain Development Agreement with the LODE Community
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THIS NEWS RELEASE IS INTENDED FOR DISTRIBUTION IN CANADA ONLY AND IS NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR RELEASE, PUBLICATION OR DISSEMINATION, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES.TORONTO, June 22, 2020 (GLOBE NEWSWIRE) — Blockchain Foundry Inc. (“BCF” or the “Company”) (CSE:BCFN), a leading North American blockchain development firm, has renewed its blockchain development agreement (the “Agreement”) with the LODE Community (“LODE”). The Agreement commenced on June 22, 2020 and is valued at approximately C$90,000.The Company’s initial agreement with LODE was announced in February 2019 and more information can be found in the Company’s news release dated February 14, 2019. About Blockchain Foundry Inc. Blockchain Foundry develops and commercializes blockchain-based business solutions...
