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Month: July 2020

Kaixin Auto Holdings Announces Unaudited 2019 Financial Results

BEIJING, July 07, 2020 (GLOBE NEWSWIRE) — Kaixin Auto Holdings (“Kaixin” or the “Company”) (NASDAQ: KXIN), one of the primary dealership networks in the premium used car segment in China, today announced its unaudited financial results for the twelve months ended December 31, 2019. The Company anticipates to file its 2019 Form 20-F with the SEC within 5 days of this announcement. The delay in our filing is mainly due to additional work in preparation of our financial statements involving retroactive adjustments to prior years’ equity accounts as a result of the consummation of the reverse recapitalization on April 30, 2019.2019 Financial HighlightsTotal net revenues were US$334.7 million, representing a decrease of 22.4% from US$431.4 million in 2018.Gross loss was US$5.5 million, compared with a gross profit...

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Itaú Corpbanca Schedules Second Quarter 2020 Financial Results, Conference Call and Webcast

SANTIAGO, Chile, July 07, 2020 (GLOBE NEWSWIRE) — ITAÚ CORPBANCA (NYSE: ITCB; SSE: ITAUCORP) announced today that it will release its results for the second quarter ended June 30, 2020, before the market opens in Santiago and in New York on Friday, July 31, 2020.On Monday, August 3, 2020, at 11:00 A.M. Santiago time (11:00 A.M. ET), the Company’s management team will host a conference call to discuss the financial results. The call will be hosted by Gabriel Moura, Itaú Corpbanca’s Chief Executive Officer and Claudia Labbé, Itaú Corpbanca’s Head of Investor Relations.Conference Call Details:Participant registration: http://www.directeventreg.com/registration/event/6775796Upon registering, each participant will be provided with call details and a registrant ID used to track attendance on the conference call. Reminders will also be...

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Cordy Oilfield Services Inc. Reports First Quarter 2020 Results

CALGARY, Alberta, July 07, 2020 (GLOBE NEWSWIRE) — CORDY OILFIELD SERVICES INC. (the “Corporation” or “Cordy”) (CKK: TSX-V) released today its first quarter 2020 results.FIRST QUARTER ENDED MARCH 31, 2020For the three month period ended March 31, 2020, Cordy’s consolidated revenues increased by 48 percent, from the comparative period in 2019. Cordy’s consolidated operating earnings increased $0.5 million or 49 percent from the comparative period. Cordy’s net income was $0.9 million for the three months ended March 31, 2020, as compared to $0.3 million for the three months ended March 31, 2019, representing a 199% increase over the prior period.The Environmental Services segment saw a significant increase in revenue for the three month period ended March 31, 2020, from the comparative period in 2019. The increase was...

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Pacira BioSciences, Inc. Announces Pricing of $350.0 Million Aggregate Principal Amount of 0.750% Convertible Senior Notes due 2025

PARSIPPANY, N.J., July 07, 2020 (GLOBE NEWSWIRE) — Pacira BioSciences, Inc. (Nasdaq: PCRX) today announced the pricing of $350.0 million aggregate principal amount of convertible senior notes due 2025 (the “notes”) in a private placement to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”).  The offering size was increased from the previously announced offering size of $300.0 million aggregate principal amount of notes.  Pacira also granted the initial purchasers of the notes a 30-day option to purchase up to an additional $52.5 million aggregate principal amount of notes.  The sale of the notes to the initial purchasers is expected to settle on July 10, 2020, subject to customary closing conditions.Pacira estimates that the net proceeds from the offering will...

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Bullfrog Gold Receives Assays on 5 More Holes at Its Project in the Bullfrog Mining District of Nevada, Including 14 Meters of 2.42 g gold/t and 46 Meters of 0.30 g/t

GRAND JUNCTION, Colo., July 07, 2020 (GLOBE NEWSWIRE) — via NetworkWire – Bullfrog Gold Corp. (BFGC:OTCQB; BFG:CSE; 11B:FSE) (“Bullfrog,” “BFGC” or the “Company”) today announced assay results from five more of the 25 holes recently drilled at its Bullfrog Project (“Project”). The Project comprises 2,125 hectares (5,250 acres) of strategic lands, established resources and prospective exploration potential in the Bullfrog Mining District located 4 miles west of Beatty, Nevada (200 km northwest of Las Vegas, Nevada). The Bullfrog and surrounding area are in one of the most prolific gold exploration regions in North America that includes significant activities by neighboring AngloGold, Kinross Gold, Coeur Mining and Corvus Gold. The Company has commanding land and resource positions in the Bullfrog mine area and obtained Barrick Bullfrog...

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Poverty Dignified, Inc., Closes Transaction With VIREXIT Technologies

Kennewick, WA, July 07, 2020 (GLOBE NEWSWIRE) — via NEWMEDIAWIRE — Poverty Dignified, Inc., (OTC pk: PVDG) is pleased to announce that it has officially closed the previously announced (6/26/20) asset purchase with Patrick Netter for the tradename VIREXIT and attendant intellectual property. The intellectual property includes what we believe to be multiple valuable domain and social media registrations.Patrick Netter added, “With the uniquely complex virus and consequential health and economic challenges currently running rampant throughout countries, counties, cities, and all of our hometowns, it is clearly evident why I created VIREXIT, a ‘Brand in a Box’ concept to stand for newly developed effective, ethical, and safe products within the antiviral dominion. This timely acquisition by Poverty Dignified gives momentum to...

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LGI Homes Announces Opening of Hadleigh at Cedar Creek

RALEIGH, N.C., July 07, 2020 (GLOBE NEWSWIRE) — LGI Homes, Inc. (Nasdaq:LGIH) announced the opening of its newest community in the greater Raleigh area, Hadleigh at Cedar Creek, in Youngsville.Ideally located off US-1, Hadleigh at Cedar Creek is just a short commute from Raleigh’s major employment district and only a few miles from top-rated attractions. Minutes from home, residents can indulge in shopping at Triangle Town Center, play at Wake Forest Sprayground or Galaxy Fun Park, catch a game at PNC Arena or explore the great outdoors at Carroll Joyner Park or William B. Umstead State Park.At Hadleigh at Cedar Creek, LGI Homes will offer an assortment of one- and two-story single-family homes. These five spacious floor plans range in size from 1,317 square feet to 2,201 square feet. With up to four bedrooms and two-and-a-half...

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Aura Minerals Inc. Press Release

ROAD TOWN, British Virgin Islands, July 07, 2020 (GLOBE NEWSWIRE) — Aura Minerals Inc. (TSX: ORA) (B3: AURA32) (the “Company” or “Aura”) today announces the settlement of the Base Offering BDRs and the Additional BDRs (as defined below) of the previously announced initial primary and secondary public offering with restricted efforts of Brazilian depositary receipts (certificados de depósito de ações, or “BDRs“), sponsored level II, issued by Itaú Unibanco S.A., as depositary institution, with each BDR representing one share of the Company (each, a “Share”) (the “Offering”).The Offering consists of (i) a primary public offering with restricted efforts of, initially, 331,033 BDRs (the “Primary Offering” and the “Primary Offering BDRs”), representing 331,033 Shares, and a secondary public offering with restricted...

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LeanLife signs LOI with leading European Energy Drink manufacturer

VANCOUVER, British Columbia, July 07, 2020 (GLOBE NEWSWIRE) — LeanLife Health Inc. (CSE: LLP; FSE: LL1) (the “Company”) a Company focused on proprietary plant-based food products is pleased to announce that it has entered into a letter of intent (“LOI”) with FoodCare Group. http://www.foodcare.pl/en_en/ a leading food & beverage company based in Poland. The scope of the collaboration is going to build a distribution network for FoodCare products in Canada and the United States. The parties have set out a six-month period to finalize agreements during which FoodCare has committed exclusivity to LeanLife.FoodCare group was founded by Wiesław Włodarski in 1984. Through organic growth the company has become one of the leaders in the fast moving consumer goods (FMCG) sector in Poland. FoodCare products are exported to more than...

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CENTOGENE Announces Proposed Primary and Secondary Public Offering of Common Shares

CAMBRIDGE, Mass. and ROSTOCK, Germany and BERLIN, July 07, 2020 (GLOBE NEWSWIRE) — Centogene N.V. (Nasdaq: CNTG), a commercial-stage company focused on rare diseases that transforms real-world clinical and genetic data into actionable information for patients, physicians, and pharmaceutical companies, announced today that it and certain selling shareholders have commenced an underwritten public offering of 3,500,000 common shares of the Company, consisting of 2,000,000 common shares offered by the Company and 1,500,000 common shares offered by the selling shareholders. In addition, the selling shareholders expect to grant the underwriters a 30-day option to purchase up to an additional 525,000 common shares at the public offering price, less underwriting discounts and commissions. The offering is subject to market and other conditions,...

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