Month: July 2020

Company reported ZILRETTA (triamcinolone acetonide extended-release injectable suspension) preliminary net sales of $15.4 million in the second quarterDemand for ZILRETTA from healthcare providers increased month-over-month throughout the second quarter with total demand in line with the first quarterCompany plans to recommence ZILRETTA manufacturing in the fourth quarter following voluntary pause due to impacts from COVID-19Conference call scheduled for today at 8:30 a.m. ETBURLINGTON, Mass., July 14, 2020 (GLOBE NEWSWIRE) — Flexion Therapeutics, Inc. (Nasdaq:FLXN) today announced preliminary ZILRETTA net sales of $15.4 million for the quarter ended June 30, 2020. Demand for ZILRETTA increased month-over-month throughout the second quarter with purchases by healthcare providers reaching 4,863 units, 13,547 units and 18,287 units...

PURCHASE, N.Y., July 14, 2020 (GLOBE NEWSWIRE) — MVC Capital, Inc. (NYSE:MVC), a publicly traded business development company that makes private debt and equity investments, announced today that its board of directors declared the third quarter dividend of $0.17 per share. The dividend is payable on July 31, 2020 to shareholders of record on July 24, 2020. The distribution represents the sixty-first consecutive quarterly dividend paid by the Company since implementing a dividend policy in July of 2005. The cumulative dividends issued under current management total approximately $8.42 per share.  MVC-GAbout MVC Capital, Inc.MVC Capital is a Business Development Company traded on the New York Stock Exchange that provides long-term debt and equity investment capital to fund acquisitions, growth and recapitalizations of companies in...

VANCOUVER, British Columbia, July 14, 2020 (GLOBE NEWSWIRE) — Endeavour Silver Corp. (NYSE: EXK) (TSX: EDR) announces that the Company’s recent re-assessment of all aspects of the Terronera Mine Project in Jalisco state, Mexico has resulted in more robust economics in the final Pre-Feasibility Study (“2020 PFS”) compared to the earlier Pre-Feasibility Study released on August 30, 2018 (“2018 PFS”).Endeavour management worked with Ausenco Engineering Canada Inc. (Ausenco) on the re-conceptualization and re-engineering of the project to generate the significantly improved 2020 PFS economics presented herein. Ausenco will co-author the 2020 PFS Technical Report in compliance with National Instrument 43-101, to be filed on SEDAR and EDGAR within 45 days of this news release. All currency references herein are in US$.The PFS base case...

 Danderyd July 14, 2020Copperstone has, in addition to the drilling contract with Kati Oy (“Kati”), now also signed well-renowned Arctic Drilling Company (“ADC”) as drill contractor at the Viscaria Copper Project for the remainder of 2020. The Kati contract is comprising the already completed ~8,000 metres, with the intention of increasing to a total of 22,000 metres over 24 months.“Based on our impressive results from the 7,945 meters of core drillings at Viscaria, we are pleased to have secured additional funds and drill capacity in order to take another significant step towards the Viscaria mine re-opening. The mineral resource upgrade will be one of the important milestones for the feasibility study and, in turn, the documentation for the Technical description included in the Environmental Permit application.”, comments CEO Michael...

Danderyd den 14 juli 2020Copperstone har, utöver kontraktet med Kati Oy (”Kati”), nu också tecknat avtal med välrenommerade Arctic Drilling Company (“ADC”) som borrentreprenörer vid Viscaria-projektet i Kiruna för återstoden av 2020. Kati-kontraktet omfattar de redan slutförda ~8 000 meter borrning, med avsikten att nå totalt 22 000 meter över 24 månader.”Baserat på de imponerande resultaten från de första 7 945 borrmetrarna är vi naturligtvis nöjda med att ha säkrat ytterligare medel och borrkapacitet för att ta ännu ett betydande steg mot återöppningen av Viscariagruvan. Uppgraderingen av mineraltillgångarna kommer att vara en av de viktiga milstolparna för genomförbarheten och i sin tur dokumentationen för den tekniska beskrivningen i ansökan om miljötillstånd.”, säger Michael Mattsson VD för Copperstone.Eftersom reserv- och resursborrningar...

NEW YORK and NEW DELHI, India, July 14, 2020 (GLOBE NEWSWIRE) — Bharti Airtel Ltd. (“Airtel”), India’s largest integrated telecom company, and Verizon, one of the largest communication technology companies in the world, today announced a strategic alliance to bring secure, world-class video conferencing solutions to businesses in India.As part of this partnership, Airtel will offer secure enterprise-grade video conferencing solutions under the brand name – Airtel BlueJeans – to enterprise customers in India.BlueJeans, Verizon’s enterprise-grade video conferencing service, helps people communicate and collaborate across mobile, desktop, browser and conference rooms and has a long-standing history of providing simple, reliable and trusted solutions, while meeting the stringent security needs of banks, healthcare providers...

Leverkusen, Germany, July 14, 2020 (GLOBE NEWSWIRE) — Biofrontera AG (NASDAQ: BFRA; Frankfurt Stock Exchange: B8F) (the “Company” or the “Biofrontera-Group”), an international biopharmaceutical company, today reports preliminary unaudited revenue for the first six months of fiscal year 2020.Accordingly, the Biofrontera-Group generated total revenue of EUR 16.0 to 16.2 million in the period from January 1st to June 30th, 2020, which corresponds to an increase of about 16% compared to EUR 13.9 million in the same period last year. Total revenue includes a EUR 6.0 million up-front payment received from Maruho Co., Ltd. pursuant to the licensing agreement signed on April 20, 2020. During the reporting period, the Company generated revenue from product sales between EUR 9.5 to 9.7 million, a decrease of about 30% compared to the first...

BOSTON, July 14, 2020 (GLOBE NEWSWIRE) — Catastrophe risk modeling firm AIR Worldwide (AIR) announced today that it has updated its Hurricane and Inland Flood Models for the United States. The update for the hurricane model features a new module for precipitation-induced flood risk, while the flood model includes major enhancements to both hazard and vulnerability, including a new, higher-resolution digital terrain model. Taken together, the updates to these models will help insurers and reinsurers enhance their risk management and have a unified and comprehensive view of flood risk across the United States and for all property lines of business. AIR Worldwide is a Verisk (Nasdaq:VRSK) business.The 2017 and 2018 Atlantic hurricane seasons set records for precipitation and left lasting impacts from the severe flooding brought on...

VANCOUVER, British Columbia, July 14, 2020 (GLOBE NEWSWIRE) — Liberty Gold Corp. (LGD-TSX) (“Liberty Gold” or the “Company”) is pleased to announce additional reverse circulation (“RC”) drill results from the 2020 drill program at its Carlin-style Black Pine oxide gold property in southern Idaho, USA. As announced on June 23 (see press release dated June 23, 2020), a third high grade oxide gold discovery (D-3 Zone) was identified in close proximity to the D-1 and D-2 zone discoveries made in 2019. The D-3 Zone lies beneath the limit of shallow historical drilling in a stratigraphic unit that is modeled to underlie at least the southern two thirds of the Black Pine gold system. Eight additional holes have extended mineralization over 400 metres (“m”) in a north-south direction by 250 m in an east-west direction. D-3 remains open...

2nd Half 2020 Gold Production expected to be 85,000-100,000 ouncesWHITEHORSE, Yukon, July 14, 2020 (GLOBE NEWSWIRE) — Victoria Gold Corp. (TSX-VGCX) (“Victoria” or the “Company”), is pleased to provide production guidance for H2 2020.Guidance – H2 2020 (July through December)The Company expects to produce between 85,000 and 100,000 ounces of gold during the 6 month period from July through December 2020 at an all in sustaining cost (“AISC”) of US$950 – US$1,100 per ounce.The range of the production and cost guidance provided herein takes into consideration both the continued material uncertainties caused by the COVID-19 pandemic as well as the final ramp up from commencement of Commercial Production through to full capacity production.“Achieving Commercial Production was a great accomplishment for the entire Victoria team of employees...