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Day: August 18, 2020

Icelandair Group hf.: Information Memorandum regarding upcoming offering of shares

Attached is an Information Memorandum for potential investors regarding the upcoming offering of shares in Icelandair Group. The memorandum will be followed by the publication of a Prospectus in the upcoming week.Although Icelandair Group entered the Covid-19 pandemic with a strong financial position, the Company will need to strengthen its liquidity position for the upcoming period where flight operations are expected to be at a minimum level. As previously announced, Icelandair Group intends to raise ISK 20 billion through sale of new shares which will provide vital liquidity for the Company. The Icelandic Government has already approved to provide the Company with a guarantee for a credit facility amounting to up to USD 120 million. The guarantee will be subject to terms for the guarantee and the credit facility being agreed upon between...

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Caldas Gold Files Preliminary Short Form Prospectus in Connection with Offering of Special Warrants

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATESTORONTO, Aug. 18, 2020 (GLOBE NEWSWIRE) — Caldas Gold Corp. (TSX-V: CGC; OTCQX: ALLXF) is pleased to announce that it has filed and obtained a receipt for a preliminary short form prospectus (the “Preliminary Prospectus”) in each of the provinces of Canada, except Québec, in connection with its CA$50,000,000 bought deal private placement of 22,222,222 special warrants (“Special Warrants”) completed on July 29, 2020 (the “Offering”). The Preliminary Prospectus relates to the qualification for distribution of the 22,222,222 units of the Company (the “Units”), issuable for no additional consideration, upon the exercise or deemed exercise of the Special Warrants. No additional Special Warrants or Units are being offered for sale in connection...

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Galapagos announces that Gilead received a complete response letter for filgotinib for the treatment of moderately to severely active rheumatoid arthritis

 Mechelen, Belgium; 19 August 2020, 01.25 CET; regulated information – Galapagos (Euronext & Nasdaq: GLPG) announces today that Gilead Sciences, Inc. (Nasdaq: GILD) received a complete response letter (CRL) from the U.S. Food and Drug Administration (FDA) for the New Drug Application (NDA) for filgotinib, an investigational treatment for moderately to severely active rheumatoid arthritis (RA). The FDA issues CRLs to indicate that the review cycle for an application is complete and that the application is not ready for approval in its present form. Gilead is the market authorization holder for filgotinib in the United States and is responsible for potential commercialization in the U.S.The FDA has requested data from the MANTA and MANTA-RAy studies before completing its review of the NDA. The MANTA and MANTA-RAy studies are designed...

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Galapagos kondigt aan dat Gilead een Complete Response Letter voor filgotinib heeft ontvangen voor de behandeling van matige tot ernstige actieve reumatoïde artritis

 Mechelen, België; 19 augustus 2020, 01.25 CET; gereglementeerde informatie – Galapagos (Euronext & Nasdaq: GLPG) kondigt vandaag aan dat Gilead Sciences, Inc. (Nasdaq: GILD) een Complete Response Letter (CRL) heeft ontvangen van de U.S. Food and Drug Administration (FDA) voor de New Drug Application (NDA) of vergunningsaanvraag voor filgotinib, een kandidaatgeneesmiddel voor volwassenen met matige tot ernstige reumatoïde artritis (RA; in de volksmond reuma). De FDA geeft CRL’s uit om aan te geven dat de beoordeling van een aanvraag voltooid is, maar dat de aanvraag niet klaar is voor goedkeuring in zijn huidige vorm. Gilead is de vergunninghouder voor filgotinib in de Verenigde Staten en verantwoordelijk voor potentiële verkopen aldaar.De FDA heeft de data van de MANTA en MANTA-RAy studies opgevraagd alvorens de beoordeling...

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Brattle Street Investment Corp. Focuses On Medical Device Investment Opportunities

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES.NEW YORK, Aug. 18, 2020 (GLOBE NEWSWIRE) — Brattle Street Investment Corp. (“Brattle Street” or the “Company”) (TSXV:BRTL), today announced its interest in pursuing investment opportunities in the US medical device and healthcare industry.“The U.S. medical device industry, from design to manufacturing to distribution, is highly fragmented with thousands of small, fast-growing private companies with valuable intellectual property and generous margins. This fragmentation, along with the performance of the public markets, may make this particular industry ripe with opportunity to take advantage of a private to public arbitrage and deliver value to our investors,” said Chairman Michael Dalsin. “As an example of the public market performance,...

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Asia Pacific Sourcing Slumps in Q2 on Pandemic Concerns

SYDNEY, Australia, Aug. 18, 2020 (GLOBE NEWSWIRE) — Asia Pacific, the world’s smallest outsourcing region by contact value, saw the industry’s largest decline in the second quarter, as managed services slumped in response to the COVID-19 pandemic, according to the latest state-of-the-industry report from Information Services Group (ISG) (Nasdaq: III), a leading global technology research and advisory firm.The ISG Index™, which measures commercial outsourcing contracts with annual contract value (ACV) of US $5 million or more, found the region’s combined market – both managed services and cloud-based as-a-service – fell 24 percent versus the prior year, to US $1.9 billion, on pandemic concerns as well as a difficult comparison with a record-high second quarter last year.The market was down across the board, as managed services plummeted...

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Quest Resource Holding Corporation to Present Virtually and Host 1×1 Investor Meetings at the 11th Annual Midwest Ideas Investor Conference on August 26th & 27th

THE COLONY, Texas, Aug. 18, 2020 (GLOBE NEWSWIRE) — Quest Resource Holding Corporation (Nasdaq: QRHC) (“Quest”), a national leader in environmental waste and recycling services, today announced Ray Hatch, Chief Executive Officer and Laurie Latham, Chief Financial Officer will participate in the virtual Midwest IDEAS Investor Conference on August 26, 2020. Quest’s presentation will be webcast and is scheduled to be available that same day at 7:00 am CST. The presentation can be accessed through the Midwest IDEAS conference portal for registered participants, in the investor relations section of the Company’s website, and on the IDEAS conference website: www.IDEASconferences.com.About IDEAS Investor ConferencesThe mission of the IDEAS Conferences is to provide independent regional venues for quality companies to present their...

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Minera Alamos Increases Bought Deal Private Placement of Common Shares to C$13.0 Million

NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATESTORONTO and VANCOUVER, British Columbia, Aug. 18, 2020 (GLOBE NEWSWIRE) — Minera Alamos Inc. (“Minera Alamos” or the “Company”) (TSX V:MAI) is pleased to announce that due to strong investor demand it has agreed with National Bank Financial Inc. (“NBF”), the Company’s sole underwriter, to increase the size of its previously announced bought deal private placement of common shares (“Common Shares”) of the Company (the “Offering”).Under the amended terms of the Offering, NBF has agreed to purchase, on a “bought deal” private placement basis, 20,635,000 Common Shares at a price of C$0.63 (the “Offering Price”) for aggregate gross proceeds to the Company of approximately C$13.0 million. The Company has also granted NBF an option exercisable...

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Canadian Spirit Resources Inc. Announces Review of Strategic Alternatives

CALGARY, Alberta, Aug. 18, 2020 (GLOBE NEWSWIRE) — Canadian Spirit Resources Inc. (“CSRI” or the “Corporation”) (TSXV:SPI) (OTCBB:CSPUF) has initiated a process to identify and pursue strategic alternatives to maximize the value of the Company’s Montney resource base at Farrell Creek, Altares, and Attachie. This may include, among other alternatives, the sale of the Company or a portion of the Company’s assets, a merger, recapitalization, farm-in or joint venture, or other such options as may be determined by the Company’s Board of Directors to be in the best interests of the Company and its shareholders. CSRI has engaged Industrial Alliance Securities Inc. to assist in this process.The Company has not set a definitive schedule to complete its evaluation and no decision on any particular alternative has been reached...

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Icelandair Group hf.: Shareholders’ Meeting on 9 September 2020

Reykjavik Nordica.Agenda:A proposal to grant the board authorization to increase the Company’s share capitalA proposal to grant the board authorization to issue warrantsProposals:A proposal to grant the board authorization to increase the Company’s share capitalThe proposal will renew the board of directors’ authorization to increase the Company’s share capital which was granted on a shareholder’s meeting held on 22 May 2020 and expires on 1 September 2020. This authorization, as the previous authorization, is intended for issue of new shares in a public offering with the aim of strengthening the Company’s balance sheet as a part of the Company’s actions in response to the COVID-19 pandemic.The proposal is as stated below:“The Company’s board of directors is authorized to increase the company’s share capital by up to ISK 23,000,000,000...

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