Day: July 6, 2020

NEWPORT BEACH, Calif., July 06, 2020 (GLOBE NEWSWIRE) — Evolus, Inc. (NASDAQ: EOLS) today announced that its strategic partner, Daewoong Pharmaceutical Co. Ltd., will invest $40 million in a five-year, unsecured, subordinated, 3% convertible note in the Company at a conversion price of $13.00, which represents a 144% premium to the closing price on July 6, 2020. This investment by Daewoong will be funded prior to July 31, 2020.“This investment signals our partner’s long-term commitment to Evolus and the U.S. aesthetic neurotoxin market and confidence in the strength of our intellectual property,” said David Moatazedi, President and Chief Executive Officer. “We ended the second quarter of 2020 with approximately $85 million in cash and investments. Once closed, our second quarter cash combined with the gross proceeds from this offering...

Commission to Review Case; Final Determination Targeted for November 2020Jeuveau® Launch and Product Supply Unaffected by Initial DeterminationNEWPORT BEACH, Calif., July 06, 2020 (GLOBE NEWSWIRE) — Evolus, Inc. (NASDAQ: EOLS) today announced that the Administrative Law Judge (ALJ) overseeing the United States International Trade Commission (USITC) case filed by Allergan and Medytox in January 2019 against Daewoong and Evolus released a Notice of Initial Determination. This non-binding initial decision by the ALJ finds a violation of Section 337 of the Tariff Act of 1930.  All aspects of the ALJ’s ruling are subject to review by the Commission itself.“We strongly disagree with the initial determination and we look forward to the full Commission’s Final Determination targeted for November 6, 2020. In addition, we intend to petition...

TORONTO, July 06, 2020 (GLOBE NEWSWIRE) — Cerro Grande Mining Corporation (the “Company” or “CEG”) (CSE:CEG) announces, in response to a request by the Investment Industry Regulatory Organization of Canada (IIROC) that there has been no material change or information to report that would account for today’s trading activity in its shares.  As a general policy, the Company does not publicly comment on unusual market activity, rumors or speculation in the marketplace. The Company regularly reviews strategic alternatives available to it and other means to enhance value for the Company and its stakeholders, and may engage in discussions with interested parties and stakeholders, including in respect of potential transactions. However, the Company has not entered into any letter of intent or agreement to effect any particular transaction...

MONTREAL, July 06, 2020 (GLOBE NEWSWIRE) — Relevium Technologies Inc. (TSX.V: “RLV”, OTC: “RLLVF” and Frankfurt: “6BX”) (the “Company” or “Relevium”) is pleased to provide a regulatory update pursuant to the temporary relief granted by regulators due to COVID-19.On June 2, 2020 The Company issued a regulatory update and the delayed filing of the third quarter of fiscal year ending June 30, 2020. As required by the provisions of the temporary relief, we are pleased to announce that during the 30-day period the company has issued four news releases to update the market as follows:On June 11, 2020 the Company issued a news release pleased to announce the successful delivery of CleanCare™ Hand Sanitizers to retail customers in the in the US, including the orders announced in a news release on April 15th of this year. On June 19, 2020...

THE WOODLANDS, Texas, July 06, 2020 (GLOBE NEWSWIRE) — LGI Homes, Inc. (NASDAQ: LGIH) today announced 760 home closings in June 2020, up from 651 home closings in June 2019, representing year-over-year growth of 16.7%. In addition, the Company announced record-breaking quarterly home closings of 2,005 during the second quarter of 2020 compared to 1,944 home closings in the second quarter of 2019, a 3.1% increase year-over-year. The Company finished the first six months of 2020 with a total of 3,840 home closings, a 21.1% increase over 3,172 home closings during the first six months of 2019.During the month of June, the Company closed its 40,000th home since commencing homebuilding operations in 2003. Eric Lipar, the Company’s Chief Executive Officer, noted, “Fulfilling our customers’ dreams of homeownership has always been our primary...

MEMPHIS, Tenn., July 06, 2020 (GLOBE NEWSWIRE) — First Horizon National Corp.’s (NYSE:FHN) board of directors has authorized payment of the semi-annual cash dividend of $331.25 per share on First Horizon’s 6.625% Fixed to Floating Non-Cumulative Perpetual Preferred Stock, Series B (“Series B Preferred Stock”). This equates to a cash dividend of $0.828125 per Depositary Share (NYSE:FHN PRB), which each represent a 1/400th interest in a share of the Series B Preferred Stock. The dividend is payable August 3, 2020 to shareholders of record on July 17, 2020.The board has also authorized payment of the quarterly cash dividend of $165.00 per share on First Horizon’s 6.60% Fixed to Floating Non-Cumulative Perpetual Preferred Stock, Series C (“Series C Preferred Stock”). This equates to a cash dividend of $0.4125...

CALGARY, Alberta, July 06, 2020 (GLOBE NEWSWIRE) — Maxim Power Corp. (“MAXIM” or the “Corporation”) (TSX: MXG) announced today that Hansine Ullberg has joined the Corporation as Chief Financial Officer (“CFO”).  In her 20-plus year career, Ms. Ullberg has achieved CFO and senior operating positions for both public and private companies and we look forward to her contributions at MAXIM. Ms. Ullberg is succeeding Michael Mayder who retired from MAXIM effective June 30, 2020.  “We would like to thank Mike for his fourteen years of service to MAXIM and wish Mike and his family all the best in retirement,” said M. Bruce Chernoff, Chairman of the Board of Directors and Chief Executive Officer. “We are pleased to welcome Hansine to the MAXIM team.” About MAXIMBased in Calgary, Alberta, MAXIM is one of Canada’s largest...

PHILADELPHIA, July 07, 2020 (GLOBE NEWSWIRE) — Hill International (NYSE:HIL) (Hill), the global leader in managing construction risk, announced today the appointment of Drew Jeter as President for the Americas Region, effective July 13. Mr. Jeter succeeds Michael V. Griffin, P.E., who will be retiring after a 39-year career with Hill. Mr. Jeter will oversee the operations of Hill’s Northeast, Mid-Atlantic, Southeast, Southern, Western, and Latin America Regions, and report directly to Chief Executive Officer Raouf Ghali.Mr. Jeter brings to Hill more than 35 years of experience leading the development and delivery of facilities and infrastructure programs in public and private sectors around the world. He has an extensive background in leading organizations and teams of various types and sizes to successfully achieve results...

OAK BROOK, Ill., July 06, 2020 (GLOBE NEWSWIRE) — Food Logistics, a publication exclusively dedicated to covering the movement of product through the global food supply chain, has named Hub Group Inc. (NASDAQ:HUBG) to the Top Green Providers list for 2020.Food Logistics’ annual Top Green Providers recognizes companies whose products, services, or exemplary leadership is enhancing sustainability within the food and beverage industry. Each year, the criteria for earning a spot on the list become more stringent.“This recognition by Food Logistics as a Top Green Provider underscores Hub Group’s commitment to sustainability in the supply chain,” said Hub Group Chairman and CEO David Yeager.  “From our proprietary algorithm designed to measure, monitor and reduce CO2 emissions in the supply chain, to our LEED Gold-certified headquarters...

TORONTO, July 06, 2020 (GLOBE NEWSWIRE) — Talmora Diamond Inc. (CSE: TAI) (“Talmora” or the Company”) is pleased to announce that Olivut Resources Ltd. (“Olivut”) has exercised its option to earn 50% of the Seahorse Project, located in the Northwest Territories, Canada in accordance with the terms of the Option Agreement signed with Talmora  on July 6, 2018.  Talmora and Olivut will be joint (50/50) owners of the Seahorse assets and Talmora will retain a 1% net smelter return royalty on certain Seahorse land. Talmora continues to hold 100% interest in ground adjoining the Seahorse Project on which there are anomalous kimberlite indicator minerals and untested magnetic anomalies.As previously announced, Olivut successfully completed a helimag geophysical program during April and May 2019.  Detailed, low-level, 50 metre line spacing...