Day: July 8, 2020

TORONTO, July 08, 2020 (GLOBE NEWSWIRE) — Eloro Resources Ltd. (TSX-V: ELO; FSE: P2Q) (“Eloro” or the “Corporation”) is pleased to announce the signing of a new investor relations agreement (the “Agreement”) aimed at enhancing the Corporation’s shareholder base and ongoing investor communications initiatives.The primary communications objective will be to increase investor awareness of Eloro’s exploration efforts in Bolivia and Peru.Eloro has retained the services of Focus Communications of Toronto, Ontario (“Focus”), to provide a range of investor relations, market awareness and consulting services to the Company. The team at Focus will work with management to support Eloro’s interactions with media, broker-dealers, securities advisors, investment funds and members of the investment community.The Corporation has agreed...

BIRKIRKARA, Malta, July 08, 2020 (GLOBE NEWSWIRE) — Esports Entertainment Group, Inc. (NasdaqCM: GMBL, GMBLW) (or the “Company”), a licensed online gambling company with a focus on esports wagering and 18+ gaming, engaged Akur Capital (“Akur”) as the Company’s iGaming mergers and acquisitions advisor. Akur Capital is a leading cross-border M&A advisory firm, specializing in the iGaming and sports betting sector.“We just signed with Akur and are already evaluating multiple potential M&A opportunities they’ve introduced to us,” commented Grant Johnson, CEO of Esports Entertainment Group. “The Akur team has years of iGaming and gambling experience and an extensive network of industry contacts. As the first US-based iGaming company to list on NASDAQ, we’re in a great position to capitalize on these highly fragmented markets...

NEW YORK, July 08, 2020 (GLOBE NEWSWIRE) — TG Therapeutics, Inc. (NASDAQ: TGTX) today announced the publication of preclinical data describing the unique immunomodulatory effects of umbralisib, the Company’s investigational oral once-daily dual inhibitor of PI3K-delta and CK1-epsilon, in Blood Advances, a Journal of the American Society of Hematology.Michael S. Weiss, the Company’s Executive Chairman and Chief Executive Officer stated “We want to thank Dr. Javier Pinilla-Ibarz, and the team at the H. Lee Moffitt Cancer Center & Research Institute for their important preclinical work examining the unique effect of umbralisib on T cells compared to other PI3K inhibitors. We have been encouraged by the safety profile reported in umbralisib clinical trials, and this preclinical data helps us to better understand the potential mechanistic...

DENVER, July 08, 2020 (GLOBE NEWSWIRE) — The Simply Good Foods Company (Nasdaq: SMPL) (“Simply Good Foods,” or the “Company”), a developer, marketer and seller of branded nutritional foods and snacking products, today reported financial results for the thirteen week period ended May 30, 2020. The Company completed the acquisition of Quest Nutrition, LLC (“Quest”) on November 7, 2019. The Company’s third quarter results include thirteen weeks of Quest results and about 29 weeks for the year-to-date period. Additionally, note that the Company’s reference to “legacy Atkins” in this press release encompasses Simply Goods Foods’ business excluding Quest.“The impact of COVID-19 during our fiscal third quarter was unprecedented,” said Joseph E. Scalzo, President and Chief Executive Officer of Simply Good Foods. “Despite the challenges...

ROLLING MEADOWS, Ill., July 08, 2020 (GLOBE NEWSWIRE) — Cambium Networks Corporation (“Cambium Networks”) (NASDAQ: CMBM), a leading provider of wireless networking infrastructure solutions, today announced preliminary unaudited revenues for the second quarter 2020 ended June 30, 2020 and plans to report financial results on Tuesday, August 11, 2020.Cambium Networks now expects GAAP revenues of approximately $61 million, above the high-end of the previous outlook of $51-$56 million provided on May 12, 2020. The increased outlook reflects better than anticipated demand for both fixed wireless broadband products and cloud powered enterprise Wi-Fi solutions. The higher demand is primarily due to service providers scaling networks due to requests for increased capacity and better than anticipated field deployments. Cash is expected to...

For the first time in the Company’s history, Goodfood reported net income of $2.8 million, representing an increase of $6.4 million year-over-year and resulting in basic earnings per share of $0.05Revenue reached $86.6 million in the third quarter of Fiscal 2020, an increase of $36.7 million, or 74% compared to the same period last yearGross profit reached $24.9 million, an increase of $10.8 million, or 77%, with gross margin reaching 28.8%, an improvement of 0.5 percentage points year-over-yearGross merchandise sales1 for the quarter totalled $99.8 million, an increase of $38.6 million, or 63%, with run-rate GMS1 over $418 millionAdjusted EBITDA1 turned positive for the first time reaching $6.0 million, or a margin of 6.9%, an 11.7 percentage points improvement year-over-yearEnded the quarter in a solid financial position with...

Pour la première fois dans l’histoire de la Société, Marché Goodfood affiche un bénéfice net de 2,8 millions $, soit une amélioration de 6,4 millions $ par rapport à la même période de l’exercice 2019, ce qui correspond à un bénéfice de base par action de 0,05 $Les produits ont atteint 86,6 millions $ au troisième trimestre de l’exercice 2020, représentant une hausse de 36,7 millions $, soit 74 %, par rapport à la même période l’an dernierLe bénéfice brut a atteint 24,9 millions $, en hausse de 10,8 millions $, soit 77 %, tandis que la marge brute s’est élevée à 28,8 %, ce qui représente une amélioration de 0,5 point de pourcentage par rapport à la même période l’an dernierLes ventes de marchandises brutes1 pour le quart ont totalisé 99,8 millions $, une augmentation de 38,6 millions $, soit 63%, pour des ventes de marchandises brutes...

FALLS CHURCH, Va., July 08, 2020 (GLOBE NEWSWIRE) — PAE (NASDAQ: PAE, PAEWW) will host a webcast and conference call at 8 a.m. ET on Thursday, August 6, 2020, to discuss the financial results for its second quarter 2020. The company will issue a press release announcing the results before the call and post an archive of the webcast afterward on the PAE Investor Relations website. In addition, listeners will be able to access a presentation summarizing the second quarter 2020 results on the website.Interested parties are invited to join the webcast from the PAE Investor Relations website and may register for an email reminder using the “Events and Presentations” link. Due to the COVID-19 pandemic, teleconference providers globally are experiencing significant increases in conference call volume. As such, the company recommends that...

Golden, Colorado, July 08, 2020 (GLOBE NEWSWIRE) — Golden Minerals Company (NYSE American and TSX: AUMN) (“Golden Minerals”, “Golden” or “the Company”) is pleased to announce that it has commenced drilling at its Rodeo gold and silver property in Durango, Mexico.Golden Minerals plans to drill approximately 20 holes to better define the high-grade core of the Rodeo deposit. The upcoming drill program will expand on the historic drilling campaigns that successfully tested multiple gold-quartz veins and breccias of the Rodeo low sulfidation vein system with encouraging results, including:Selected Past Drill Results**All results previously reported in technical report dated January 26, 2017:  Elson, G., Mineral Resource Estimate, Rodeo Project, Rodeo, Durango, Mexico, Tetra Tech, Golden, CO, available at www.goldenminerals.com/projects/technical-reports/.The...

Kvalitena AB (publ) (“Kvalitena” or the “Company”) today announces that it is formally initiating a written procedure under the terms and conditions of its up to SEK 1,000 million senior unsecured bonds with a final maturity on 30 September 2020 (ISIN: SE0009664949) (the “Notes”) (the “Noteholders)”.Governments and authorities’ containment measures to reduce the spread of COVID-19 have significantly impacted the world economy, which in turn has resulted in negative effects on the capital markets in general and particularly the Nordic credit market. Hence, in the current market, a refinancing of the Notes at reasonable terms may prove challenging.Kvalitena therefore requests in the written procedure, among other things, that the final maturity date is extended by 12 months to 30 September 2021 and in connection therewith, the majority...