Month: August 2020

Major indices have closed today’s session mixed, after concern on the coronavirus pandemic is slowing the economy’s recovery. Another contributor are the talks about governments stimulus package which is nearing its end. The jobless claim report from the Labor office which ended up lower that a million did not help investors mind to ease. S&P 500 closed this week’s trading failing to break another all-time high three times. Nasdaq also dipped while The Dow jumps up. Here are the main movements in the Global Stock Market this Friday; Stocks – S&P 500 has little to no change closing its market price to 3,372.89.– The Dow Jones Industrial Averages has climbed up with 34.78 points or 0.12% to 27,913.50.– The Nasdaq Composite dipped a bit losing about 23.20 points or 0.21% to 11,019.30.– The MSCI All-Country...

TORONTO, Aug. 15, 2020 (GLOBE NEWSWIRE) — Copper Reef Mining Corporation (CSE:CZC) is pleased to announce that it has changed its name to Voyageur Mineral Explorers Corp. (“Voyageur” or the “Company”). The Company’s common shares are expected to commence trading on the Canadian Securities Exchange under a new symbol (VOY) at the opening of trading on August 19, 2020.Brian Howlett, the President and CEO of the Company commented, “Management of the Company is very excited to begin the next phase of the Company’s evolution.  We are focusing the Company to highlight the different minerals contained in our land package.  In particular, the Company’s gold projects will be advanced in the months and years to come.  The Company is also developing a new website and image that will be showcased in the coming weeks.”About Voyageur Mineral...

S&P 500 has not able to break its highest record yet for the second time this week even though reports about U.S. weekly jobless claims fell to 963,000 which was initially expected to have at least 1.1 million. Gold Index finally bounces back after almost a week of wild swings. Treasuries advanced at the end of the day after the government has successfully sold a record amount of 30-year bonds. Crude oils on the other side quite slid a bit while currencies ended up mix. Here are the main movements on the Global Stock Market; Stocks – The Dow Jones Industrial Average dipped with 80.12 points or 0.3% down to 27,896.72.– S&P 500 dropped around 6.95 points or 0.21% to 3,373.40.– Nasdaq Composite advanced 30.26 points or 0.27% increased to 11,042.50.– The MSCI All-Country World Index decreased 0.1% to 570.50. Bonds –...

If you are looking for funds for your personal or professional needs, contact the reliable lender Hero FinCorp. The trusted lender has a strong presence across the length and breadth of the country. They offer several loan products for you to choose from. Hence, whether you want to expand your business or buy a new car, you can get financial assistance from this institution. The Hero FinCorp customer support app will provide information regarding any loan product you wish to apply for. The lender caters to individuals across the country and strive for high customer satisfaction. They offer carefully designed loan products that can help meet your long-term goals. The professional experts will help you choose the right loan product after understanding your needs. Their offerings include two-wheeler loan, used car loan, loan against residential...

NEW YORK, Aug. 14, 2020 (GLOBE NEWSWIRE) — Nasdaq (Nasdaq: NDAQ) today announced that Pinduoduo, Inc. (Nasdaq: PDD), will become a component of the NASDAQ-100 Index® (Nasdaq: NDX) and the NASDAQ-100 Equal Weighted Index (Nasdaq: NDXE) prior to market open on Monday, August 24, 2020.  Pinduoduo, Inc. will replace NetApp, Inc. (Nasdaq: NTAP) in the NASDAQ-100 Index® and the NASDAQ-100 Equal Weighted Index. NetApp, Inc. will be also be removed from the NASDAQ-100 Technology Sector Index (Nasdaq: NDXT) prior to market open on Monday, August 24, 2020. Pinduoduo, Inc. will be added to the NASDAQ-100 Ex-Technology Index (Nasdaq: NDXX) at the next quarterly rebalancing.For more information about the company, go to https://en.pinduoduo.com/.About NasdaqNasdaq (Nasdaq: NDAQ) is a global technology company serving the capital markets and other...

MONTREAL, Aug. 14, 2020 (GLOBE NEWSWIRE) — Knight Therapeutics Inc. (TSX: GUD) (“Knight“), a leading pan-American (ex-US) specialty pharmaceutical company, today announced the results of the tender offer process (“Tender Offer”) for the acquisition of all outstanding Brazilian Depositary Receipts (“BDRs”) of Biotoscana Investments S.A. (“GBT”). A total of 49,778,512 of BDRs were tendered by BDR holders thereby resulting in Knight owning 98% of all outstanding GBT shares and BDRs. The settlement of the Tender Offer shall occur on August 18, 2020 (“Settlement Date”). On the Settlement Date, Knight will payout a total of R$517,837,423.Based on the results provided by B3 S.A. – Brasil, Bolsa, Balcão on the date hereof: (a) 169,757 BDRs were tendered at the Offer Price. Accordingly, Knight shall pay R$11.23 per BDR to the...

MONTRÉAL, 14 août 2020 (GLOBE NEWSWIRE) — Thérapeutique Knight inc. (TSX : GUD), société pharmaceutique spécialisée et chef de file panaméricaine (ex. EU) (« Knight »), a annoncé aujourd’hui les résultats de la vente aux enchères suivant le processus d’offre publique d’achat (l’« offre publique d’achat ») pour l’acquisition de tous les certificats de dépôts brésiliens (« BDR ») de Biotoscana Investments S.A. (« GBT »). Lors de la vente aux enchères, 49,778,512 BDR au total ont été soumis, permettant à Knight de détenir 98% de toutes les actions et BDR de GBT en circulation. Le règlement de l’offre publique d’achat aura lieu le 18 août 2020 (« date de règlement »). À la date de règlement, Knight paiera un total de 517,837,423 BRL.Selon les résultats transmis par B3 S.A. – Brasil, Bolsa, Balcão à la date des présentes : a) 169,757...

VANCOUVER, British Columbia, Aug. 14, 2020 (GLOBE NEWSWIRE) — EnviroLeach Technologies Inc. (the “Company “or “EnviroLeach”), (CSE: ETI) (OTCQB: EVLLF) (7N2: FSE) announces Jack Kiland has resigned as a director of the Company due to health reasons, effective immediately.The Board of Directors and management of Enviroleach would like to thank Jack for his significant contributions to to the Company since its inception and wish him well as he focusses on his health.About EnviroLeach Technologies Inc.EnviroLeach Technologies is engaged in the development and commercialization of environmentally-friendly formulas and technologies for the treatment of materials in the mining and recycling sectors. Using its proprietary non-cyanide, water-based, neutral pH treatment process EnviroLeach extracts precious metals from ores, concentrates,...

Cash and cash equivalents increased by $3.2 million during Q2 2020 despite the worst economic quarter the world has ever experienced;Q2 2020 revenue from Skyline’s hotels and resorts was $7.0 million compared to $45.8 million in Q2 2019, an unprecedented decline of 85% due to the impact of COVID-19;Skyline’s operating expenses from hotels and resorts also declined by 68% including the effect of subsidies received in response to the crisis;EBITDA for the first six months of 2020 remained positive at $2.3 million versus $23.7 million in the first half of 2019;Unrestricted cash and available lines of credit as at June 30, 2020 totalled approximately $44 million;Occupancy of all of the Company’s US hotels and Canadian resorts show a steady improvement from their lows in April;The Company received independent, third-party appraisals for 73%...

CALGARY, Alberta, Aug. 14, 2020 (GLOBE NEWSWIRE) — Resverlogix Corp. (“Resverlogix” or the “Company”) (TSX:RVX) announced today it has closed a private placement of 3,573,333 equity units at a price of $0.75 per unit for gross proceeds of approximately $2.7 million (US$2.0 million). Each unit was comprised of one common share and one-half (1/2) of a common share purchase warrant. Each full warrant is exercisable at a price of $1.00 per share for a period of one year from the closing of the private placement. The units are subject to a four-month hold period.After giving effect to the private placement, the Company has a total of 216,663,554 common shares issued and outstanding. Shenzhen Hepalink Pharmaceutical Group Co., Ltd. (“Hepalink”) subscribed for all 3,573,333 units; it holds 85,286,524 common shares...