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Month: June 2020

Kezar Announces Pricing of a Public Offering of $46.7 million of Common Stock and Pre-Funded Warrants

SOUTH SAN FRANCISCO, Calif., June 08, 2020 (GLOBE NEWSWIRE) — Kezar Life Sciences, Inc. (Nasdaq: KZR), a clinical-stage biotechnology company discovering and developing novel small molecule therapeutics to treat unmet needs in autoimmune disease and cancer, today announced the pricing of an underwritten public offering of 7,590,909 shares of its common stock, and to certain investors in lieu thereof, pre-funded warrants to purchase 909,091 shares of its common stock at an exercise price of $0.001 per share. The public offering price of each share of common stock is $5.50 and the public offering price of each pre-funded warrant is $5.499 per underlying share. In addition, Kezar has granted the underwriters a 30-day option to purchase up to an additional 1,275,000 shares of common stock. The offering is expected to close on June 11,...

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Opthea to Host Investor Teleconference

MELBOURNE, Australia, June 08, 2020 (GLOBE NEWSWIRE) — Opthea Limited (ASX:OPT) will host a conference call to discuss the results of the Company’s Phase 2a clinical trial evaluating the safety and efficacy of OPT-302 administered in combination with Eylea® (aflibercept) for treatment of persistent diabetic macular edema (DME). We welcome participation from interested parties.To access the call pre-register (preferred option) or dial-in direct (delays possible):About Opthea LimitedOpthea (ASX:OPT) is a biologics drug developer focusing on ophthalmic disease therapies. It controls exclusive worldwide rights to a significant intellectual property portfolio around VEGF-C, VEGF-D and VEGFR-3. Opthea’s intellectual property is held within its wholly-owned subsidiary Vegenics Pty Ltd. Opthea’s product development programs are focused...

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Flow Announces Proposed Consolidation and Subdivision

TORONTO, June 08, 2020 (GLOBE NEWSWIRE) — Flow Capital Corp. (TSXV: FW) (“Flow Capital” or the “Company”) confirms today that it has received all necessary approvals for its previously announced consolidation of the common shares (the “Common Shares”) of the Company on a 25,000 to 1 basis (the “Consolidation”) and subsequent immediate subdivision of the Common Shares on a 1:12,500 basis (the “Subdivision”).At the effective time of the Consolidation, the Common Shares will be consolidated at a ratio of 25,000 pre-Consolidation Common Shares for every 1 post-Consolidation Common Share, and thereupon any holder of less than 1 post-Consolidation Common Share will cease to hold Common Shares and will be entitled to be paid cash consideration equal to that number of pre-Consolidation Common Shares held...

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Sonoro Postpones Annual General Meeting

VANCOUVER, British Columbia, June 08, 2020 (GLOBE NEWSWIRE) — Sonoro Metals Corp., (TSXV: SMO | OTCQB: SMOFF | FRA: 23SP), (“Sonoro” or the “Company”), announces that, as a result of ongoing health concerns, travel restrictions and recommendations from government agencies, the Company’s annual general meeting (the “Meeting”), originally scheduled for June 11, 2020, is being postponed and will be rescheduled September 4, 2020. The decision to postpone the Meeting was made to mitigate potential risks to the health and safety of its shareholders and employees. The Company will set the new record date for the Meeting and will file an amended notice of meeting and record date and its management information circular (the “Circular”) under its profile on SEDAR at www.sedar.com. Sonoro is relying on the temporary blanket relief provided...

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Tilkynning vegna stjórnarkjörs á aðalfundi Haga hf. þann 9. júní

Aðalfundur Haga hf., kt. 670203-2120, verður haldinn þriðjudaginn 9. júní 2020 og hefst hann kl. 09:00 á Hilton Reykjavík Nordica, Suðurlandsbraut 2 í Reykjavík.Síðdegis í dag barst Högum bréf frá Samkeppniseftirlitinu vegna stjórnarkjörs á aðalfundi félagsins. Tilefni bréfsins er framboð Evu Bryndísar Helgadóttur, lögmanns, til stjórnar félagsins. Eva Bryndís hefur nýlega látið af störfum sem stjórnarformaður Olíudreifingar ehf. Samkeppniseftirlitið vildi með bréfi sínu vekja athygli á því að mögulegt kjör Evu Bryndísar í stjórn Haga gæti falið í sér brot á sátt Haga og Samkeppniseftirlitsins frá 11. september 2018 vegna kaupa Haga á Olíuverzlun Íslands. Í 22. gr. sáttarinnar er m.a. mælt fyrir um samkeppnislegt sjálfstæði stjórnar Haga og í 21. gr. um óhæði stjórnarmanna Olíudreifingar gagnvart Högum.Í ljósi fyrrgreinds bréfs mun stjórn...

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Kayne Anderson MLP/Midstream Investment Company Announces Distribution of $0.15 per Share for Q2 2020

HOUSTON, June 08, 2020 (GLOBE NEWSWIRE) — Kayne Anderson MLP/Midstream Investment Company (NYSE: KYN) (the “Company”) announced today a quarterly distribution of $0.15 per share for the fiscal quarter ended May 31, 2020. This distribution, which is payable to common stockholders on June 30, 2020 (as outlined in the table below), is in replacement of the monthly distributions that otherwise would have been made in April, May, and June 2020.As previously announced in March, the Company plans to pay quarterly distributions to common stockholders in future periods (as opposed to monthly distributions), with the next distribution expected to be declared and paid in September 2020. Payment of future distributions is subject to the Board of Directors’ approval, as well as meeting the covenants of the Company’s debt agreements and terms...

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Kayne Anderson Midstream/Energy Fund Announces Distribution of $0.09 per Share for Q2 2020

HOUSTON, June 08, 2020 (GLOBE NEWSWIRE) — Kayne Anderson Midstream/Energy Fund, Inc. (NYSE: KMF) (the “Fund”) announced today a quarterly distribution of $0.09 per share for the fiscal quarter ended May 31, 2020. This distribution, which is payable to common stockholders on June 30, 2020 (as outlined in the table below), is in replacement of the monthly distributions that otherwise would have been made in April, May, and June 2020.As previously announced in March, the Fund plans to pay quarterly distributions to common stockholders in future periods (as opposed to monthly distributions), with the next distribution expected to be declared and paid in September 2020. Payment of future distributions is subject to the Board of Directors’ approval, as well as meeting the covenants of the Fund’s debt agreements and terms of its preferred...

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Educational Development Corporation Announces Recent Repayment of Loan

TULSA, Okla., June 08, 2020 (GLOBE NEWSWIRE) — Educational Development Corporation (“EDC”, or the “Company”) (NASDAQ: EDUC) (http://www.edcpub.com) today reports the repayment of one of the Company’s outstanding loans.Randall White, CEO of Educational Development Corporation, announced the Company has generated excess cash and has used the funds to repay one of the Company’s outstanding loans.    Per Mr. White, “As previously reported, over the past two months we have experienced material growth in our business.  This growth has generated additional cash flows from operations.  Last week we determined that using a portion of our available excess cash balance to pay the $2.9 million balance of a term loan, that is collateralized by the building we own at 10302 East 55th Place, Tulsa, Oklahoma, would be in the best interest of our...

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Liberty Gold Reports Voting Results from Annual General and Special Meeting

VANCOUVER, British Columbia, June 08, 2020 (GLOBE NEWSWIRE) — Liberty Gold Corp. (LGD – TSX) (“Liberty Gold” or the “Company”) is pleased to announce voting results from the Company’s Annual General and Special Meeting of Shareholders held on June 8, 2020 (the “Meeting”). A total of 157,808,137 common shares were voted, representing the votes attached to 64.77% of all outstanding common shares. Shareholders voted in favour of the election of all director nominees. The percentage of votes cast for each is as follows:The reappointment of PricewaterhouseCoopers LLP, Chartered Professional Accountants as auditor of the Company, was also approved by the shareholders.Shareholders also voted in favour of approved amendments to, and respective unallocated entitlements under:the Stock Option Planthe Restricted Share Unit Plan; andthe...

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Firm Capital Mortgage Investment Corporation Announces June 2020 Dividend  

TORONTO, June 08, 2020 (GLOBE NEWSWIRE) — Firm Capital Mortgage Investment Corporation (the “Corporation“) (TSX: FC) is pleased to announce that its board of directors has declared a monthly cash dividend of $0.078 per common share (subject to adjustment at the discretion of the board of directors) payable on the date set out below to holders of common shares of record at the close of business on the record date set out below:The Corporation has in place a Dividend Reinvestment Plan (“DRIP”) and Share Purchase Plan (“Plan”) that is available to its shareholders. Shareholders are reminded that they can participate in the DRIP and the Plan. Participant shareholders pay no commission for common shares issued from treasury.DIVIDEND REINVESTMENT PLAN (DRIP)The DRIP allows participants to have their monthly cash dividends...

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