Month: June 2020

BURLINGTON, Mass., June 22, 2020 (GLOBE NEWSWIRE) — LeMaitre Vascular, Inc. (Nasdaq: LMAT) announced that it has acquired the business and assets of Artegraft, Inc. for $90.0 million, including $72.5 million in cash paid at closing ($65.0 million to Artegraft plus $7.5 in escrow to be released December 31, 2021) as well as potential earnout payments of $17.5 million payable based upon future sales of the acquired business.  Under the terms of the deal, LeMaitre will continue to operate Artegraft’s manufacturing facility in North Brunswick, NJ for at least three and a half years and will retain most of Artegraft’s employees, including seven sales & marketing personnel.Artegraft processes and sells biologic vascular grafts that are derived from bovine carotid arteries and are implanted primarily in hemodialysis access patients. ...

Reported positive clinical data for third bronchiolitis study using high concentration nitric oxide, achieving primary and key secondary endpointsEnrolled first patient in the U.S. COVID-19 study using the LungFit™ systemAnnounced positive pre-clinical data validating high concentration nitric oxide as a potential treatment for ablating solid tumors and inducing an anti-tumor immune responsePMA for the LungFit™ PH to treat persistent pulmonary hypertension of the newborn (PPHN) expected to be submitted to the FDA in the second half of 2020LungFit™

DALLAS, June 22, 2020 (GLOBE NEWSWIRE) — Capital Southwest Corporation (“Capital Southwest”) (Nasdaq: CSWC) announced today that, due to the public health impact of the coronavirus outbreak (COVID-19) and related health and travel concerns, it has changed the format of its 2020 Annual Meeting of Shareholders (the “Annual Meeting”) from a physical in-person meeting to a virtual-only format. The Annual Meeting will still be hosted on July 29, 2020 at 9:00 a.m. Dallas time.To participate in the Annual Meeting, shareholders of record as of the close of business on June 1, 2020 will need to visit www.virtualshareholdermeeting.com/CSWC2020 and enter their control number included on their proxy card or voting instruction form previously received. Shareholders participating in the Annual Meeting will also be able to vote and...

REDWOOD CITY, Calif., June 22, 2020 (GLOBE NEWSWIRE) — Revolution Medicines, Inc. (Nasdaq: RVMD), a clinical-stage oncology company focused on developing targeted therapies to inhibit frontier cancer targets, today provided a research and development (R&D) update regarding the company’s innovative portfolio directed against RAS cancers.The R&D update covers the latest developments across certain of the company’s programs including:Update on the broad RMC-4630 clinical development program, including new data sets from the ongoing Phase 1 monotherapy clinical trial (RMC-4630-01) –  New pharmacokinetic profiles and improved tolerability with intermittent dosing schedules –  Expanded experience of anti-tumor activity in non-small cell lung cancer patients carrying KRAS mutations –  New anti-tumor activity...

STAMFORD, Conn., June 22, 2020 (GLOBE NEWSWIRE) — Patriot National Bancorp, Inc. (“Patriot,” “Bancorp” or the “Company”) (NASDAQ: PNBK), the parent company of Patriot Bank, N.A. (the “Bank”), today announced pre­tax loss of $1.4 million (net loss of $1.1 million), or $0.27 basic and diluted loss per share for the quarter ended March 31, 2020.  Concurrently, the institution’s total assets increased 2% to $999.6 million, net loan portfolio increased 0.7%, deposits grew 4.4%, and net interest income was up 1.9% for the quarter ended March 31, 2020 as compared to the fourth quarter of 2019. In the first quarter of 2020, total assets increased to $999.6 million, up 2%, at March 31, 2020, as compared to $979.8 million at December 31, 2019. Net Loan portfolio increased $5.9 million or 0.7%, from $802.0 million at December 31, 2019 to $807.9...

Orlando, Florida, June 22, 2020 (GLOBE NEWSWIRE) — IZEA Worldwide, Inc. (NASDAQ: IZEA), the premier provider of influencer marketing technology, data, and services for the world’s leading brands, today announced that Shake will be IZEA’s first platform to facilitate podcast sponsorships. Shake is a new online marketplace that allows creators to offer their services, delivered digitally, for a self-determined price. Influencers, photographers, writers, podcasters, and more can use IZEA’s Shake to collaborate and transact with marketers and individual buyers.“We are incredibly excited to expand into the podcast sponsorship space for the first time,” said IZEA Founder and CEO Ted Murphy. “Many influencers in our network already have podcasts, but we have not provided a way for them to monetize that content and audience to date. It...

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...

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,...

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...

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...