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Month: August 2020

Zai Lab Announces Financial Results for Six Months Ended June 30, 2020 and Corporate Updates

— Company to Host Conference Call and Webcast Today at 8:00 a.m. EDT —— Recent highlights include successful ZEJULA and Optune commercial launches, NMPA approval for Optune, two highly strategic collaboration deals and three NDAs accepted with priority review —SHANGHAI and SAN FRANCISCO, Aug. 13, 2020 (GLOBE NEWSWIRE) — Zai Lab Limited (NASDAQ: ZLAB), an innovative commercial-stage biopharmaceutical company, today announced financial results for the six months ended June 30, 2020 and corporate updates.“This year we have continued to build Zai Lab’s leadership through strong execution. Highlights include two successful commercial launches in China, NMPA approval for Optune, two highly strategic collaboration deals, three NDAs accepted with priority review, 15 clinical trial authorizations approved and eight...

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CloudMD Signs Definitive Agreement to Acquire Majority Interest in West Mississauga Medical Clinic

VANCOUVER, British Columbia, Aug. 13, 2020 (GLOBE NEWSWIRE) — CloudMD Software & Services Inc. (TSXV: DOC, OTCQB: DOCRF, Frankfurt: 6PH) (the “Company” or “CloudMD”), a telemedicine company revolutionizing the delivery of healthcare to patients, announces today that is has entered into a Share Purchase Agreement to acquire a majority interest West Mississauga Medical Ltd. (“West Mississauga Medical”), a comprehensive family medicine and specialist medical clinic with 8 family doctors and 4 specialists serving over 100,000 patients. As previously announced, on June 16, 2020, the Company entered into a binding term sheet with West Mississauga Medical to acquire 51% of the business, assets and operations.West Mississauga Medical is a well-established medical clinic that has served its community for over 16 years and remained open...

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Golar LNG Limited: Interim results for the period ended June 30 2020

Solid performance from all business divisionsIain Ross, CEO, Golar LNG, said:“Golar is pleased to report Q2 operating revenues of $102.2 million and adjusted EBITDA1 of $67.2 million. This was driven by another solid performance in FLNG, with 100% commercial uptime on Hilli Episeyo, and a shipping business that continues to benefit from higher utilization, delivering a Q2 TCE1 of $45,100/day; which is above guidance and represents an 85% increase on the $24,400 achieved in Q2 2019.  Both Golar Power and Golar LNG Partners also performed well.By virtue of its integrated business model, Golar has, to a large extent, insulated itself against LNG price volatility. High LNG prices support the company’s upstream FLNG offering, while low LNG prices create strong growth opportunities for Golar Power’s downstream business. The...

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MediPharm Labs Reports Second Quarter 2020 Results, Strong Progress With International Expansion

BARRIE, Ontario, Aug. 13, 2020 (GLOBE NEWSWIRE) — MediPharm Labs Corp. (TSX: LABS) (OTCQX: MEDIF) (FSE: MLZ) (“MediPharm Labs” or the “Company”) a global leader in specialized, research-driven pharmaceutical-quality cannabis extraction, distillation and derivative products, today announced its financial results for the three and six months ended June 30, 2020.“The first half of 2020 was a transformative period in which we substantially strengthened our balance sheet and liquidity, secured new international customer supply agreements and delivered material, sequential improvements in key financial and operating metrics,” said Pat McCutcheon, CEO, MediPharm Labs. “Our strategy to manufacture multiple products for multiple customers in multiple jurisdictions is on track. We are very encouraged with the pace of MediPharm Labs’ transformation...

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StorageVault Reports 2020 Second Quarter Results and Increases Dividend

TORONTO, Aug. 13, 2020 (GLOBE NEWSWIRE) — STORAGEVAULT CANADA INC. (“StorageVault” or the “Corporation”) (SVI-TSX-V) reported the Corporation’s 2020 second quarter results and increases its dividend. Iqbal Khan, Chief Financial Officer, commented:“Despite the impacts of COVID-19, we achieved 3% year over year increases in same store revenue and NOI.  Our results were muted due to reduced rental activity in a period in which we would normally see a surge in activity due to the seasonal nature of our business. Furthermore, we paused rent increases, late charges and administrative fees; by the end of the quarter we re-introduced these where appropriate.  With our balance sheet, which was further strengthened by the $75 million unsecured hybrid debenture, our cash flow, our amazing team and operating platform, we are in a great position...

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NTR Holding A/S: Delårsrapport for 1. halvår 2020

Selskabsmeddelelse nr. 8 – 2020København, den 13. august 2020Halvårsrapport 2020for perioden 1. januar 2020 – 30. juni 2020Omsætningen i perioden 1. januar 2020 – 30. juni 2020 udgør DKK 42,3 mio. (1. halvår 2019: DKK 46,9 mio.) Koncernens resultat af fortsættende aktiviteter før skat udviser et overskud på DKK 2,5 mio. (1. halvår 2019: DKK 5,2 mio.), hvilket er i overensstemmelse med de senest udmeldte resultatforventninger, men lavere end forventet ved regnskabsårets start. Egenkapitalen udgør DKK 126,5 mio., svarende til en indre værdi pr. aktie på DKK 51,1. NTR Holding koncernen forventer uændret en omsætning i niveauet DKK 70-80 mio. i 2020 og et resultat af fortsættende aktiviteter før skat på DKK 0-5 mio. For yderligere information kontakt:Ole Mikkelsen, direktør, e-mail: om@ntr.dk, mobil: +45 30 66 96 30Vedhæftet fil2020 08 200813...

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Personas Social Surpasses 50,000 Social Media Followers

TORONTO, Aug. 13, 2020 (GLOBE NEWSWIRE) — Personas Social Incorporated (TSX.V: PRSN) (OTCQB: PKSLF) (the “Company”) is pleased to report that the successful launch of its social media brand awareness program.The Personas.com video conferencing service provides its customers with a feature rich low-cost video conferencing platform. The Company launched its Personas social media brand awareness program on August 4th, 2020. The Company is proud to announce that as of Wednesday August 12th, 2020 the Personas.com service had accumulated more than 63,000 social media followers. Much larger videoconferencing companies, such as Zoom have fewer followers on the same social media sites. This is due in part to Personas intentionally targeting to the newly evolved and underserved home user video conferencing market. Whereas, most of our competitors...

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SCWorx Announces New Agreements With Two Healthcare Organizations For Its Suite of Data Management Applications Totaling a Minimum of $2.2 million over 5 years

NEW YORK, Aug. 13, 2020 (GLOBE NEWSWIRE) — SCWorx Corp. (Nasdaq: WORX) announced today the signing of new agreements during the second quarter with two prominent not-for-profit Integrated Delivery Networks (IDN).  The first organization is a specialty hospital providing services specifically to children.  The second organization is a large fully integrated multi-hospital facility with revenues exceeding $5 billion annually.  Both agreements are for 5 years with a one-time setup, annual license and monthly maintenance fees, totaling approximately $2.5 million over 5 years. One of the agreements can be terminated by the customer after two years, in which case the minimum total value of both contracts would be approximately $2.2 million. Both healthcare providers are members of larger associations of similar acute care hospitals.  The...

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ProntoForms Announces Q2 2020 Financial Results Conference Call

OTTAWA, Aug. 13, 2020 (GLOBE NEWSWIRE) — ProntoForms Corporation (TSXV: PFM), the global leader in smart mobile forms for enterprise, today announced that it will report its second quarter 2020 earnings for the period ended June 30th, 2020, before market open on August 20th, 2020.ProntoForms will hold a conference call on August 20th, 2020 at 9:00am EST hosted by CEO Alvaro Pombo and CFO Dave Croucher. A question and answer session will follow.Date: Thursday, August 20th, 2020Time: 9:00 AM Eastern TimeParticipant Dial-in Numbers:Local Toronto – (+1) 416 764 8688Toll Free – (+1) 888 390 0546Conference ID: 47753649Recording Playback Numbers:Local Toronto– (+1) 416 764 8677Toll Free – (+1) 888 390 0541Passcode: 753649 #Expiry Date: Thursday, August 27th, 2020 at 11:59pm ESTA live audio webcast and archive of the conference call will...

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TomaGold announces drilling results on Monster Lake, ends proposed spin-out, reapplies for trading and concludes property transactions

MONTREAL, Aug. 13, 2020 (GLOBE NEWSWIRE) — TOMAGOLD CORPORATION (TSXV: LOT) (“TomaGold” or the “Corporation”) announces that it has decided to end its proposed spin-out. Trading of the Company’s shares was halted on January 25, 2019 in accordance with the policies of the TSX Venture Exchange (“TSXV”) pending completion of the proposed spin-out. Given the termination of the proposed spin-out, the Corporation will file an application with the TSXV to request that trading of its common shares be resumed on the TSXV. The Corporation will confirm in a press release the date on which trading of its common shares will resume on the TSXV.“The Board of Directors has decided that the time has come for TomaGold to resume trading in its securities by terminating the spin-out,” said David Grondin, President and Chief Executive Officer...

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