Month: August 2020

VANCOUVER, British Columbia, Aug. 13, 2020 (GLOBE NEWSWIRE) — Calibre Mining Corp. (“Calibre” or the “Company”)(TSX: CXB; OTCQX: CXBMF) is pleased to announce that the Company has agreed to acquire IAMGOLD Corporation’s (“IAMGOLD”) 70% interest in the Eastern Borosi Gold-Silver Property (the “Property” or “EBP”) located in northeastern Nicaragua (the “Transaction”).  On closing of the Transaction, Calibre will own a 100% interest in the Property that contains the high-grade Riscos de Oro, Guapinol and Vancouver low sulphidation, epithermal gold-silver deposits and multiple earlier stage exploration targets and emerging prospects.Highlights:The EBP hosts NI 43-101 Inferred Mineral Resources (prepared by Roscoe Postle Associates Inc. dated May 11, 2018) totaling 4.4 million tonnes averaging 4.93 g/t Au and 80 g/t Ag, containing 700,500...

MONTRÉAL, 13 août 2020 (GLOBE NEWSWIRE) — CORPORATION TOMAGOLD (TSXV: LOT) (« TomaGold » ou la « Société ») annonce qu’elle a décidé de mettre fin à son opération d’essaimage. La négociation des actions de la Société a été suspendue le 25 janvier 2019 conformément aux politiques de la Bourse de croissance TSX (« TSXV ») pour permettre la réalisation du projet d’essaimage. Compte tenu de la cessation du projet d’essaimage, la Société déposera une demande auprès du TSXV pour que la négociation de ses actions ordinaires reprenne sur le TSXV. La Société confirmera dans un communiqué de presse la date à laquelle la négociation de ses actions ordinaires reprendra sur le TSXV.« Le Conseil d’administration a décidé que le temps est venu pour TomaGold de reprendre la négociation de ses titres en mettant fin à l’opération d’essaimage,...

NEW YORK, Aug. 13, 2020 (GLOBE NEWSWIRE) — TG Therapeutics, Inc. (NASDAQ: TGTX), today announced that the U.S. Food and Drug Administration (FDA) has accepted the Company’s New Drug Application (NDA) for umbralisib, the Company’s investigational once-daily, oral, dual inhibitor of PI3K-delta and CK1-epsilon, as a treatment for patients with previously treated marginal zone lymphoma (MZL) who have received at least one prior anti-CD20 based regimen and follicular lymphoma (FL) who have received at least two prior systemic therapies. The MZL indication, under Breakthrough Therapy Designation (BTD), has been accepted for Priority Review and has a Prescription Drug User Fee Act (PDUFA) goal date of February 15, 2021. The FL indication has been accepted for standard review with a PDUFA goal date of June 15, 2021. The FDA also notified...

–  Submitted IND for PBGM01 Phase 1/2 trial; currently on FDA clinical hold pending additional review of proposed ICM delivery device –

ROCKVILLE, Md. and CHESTERBROOK, Pa., Aug. 13, 2020 (GLOBE NEWSWIRE) — Cerecor Inc. (NASDAQ : CERC), a biopharmaceutical company focused on becoming a leader in development and commercialization of treatments for rare pediatric and orphan diseases, today announced the publication of a peer-reviewed paper demonstrating significantly elevated free LIGHT levels in the serum of hospitalized patients with severe COVID-19 infection. The publication, entitled Levels of the TNF related cytokine, LIGHT, increased in hospitalized COVID-19 patients with Cytokine Release Syndrome and ARDS in the Journal mSphere by David S. Perlin et al, highlights the potential role of the inflammatory cytokine, LIGHT in the development of COVID-19 ARDS. Cerecor believes that the publication supports its clinical program evaluating CERC-002, the only clinical...

BOISE, Idaho, Aug. 13, 2020 (GLOBE NEWSWIRE) — PCS Edventures!, Inc., (PCSV) a leading provider of K-12 Science, Technology, Engineering and Mathematics (STEM) education programs and drone products, today announced unaudited results of operations for its first quarter of Fiscal Year 2021 which ended on June 30, 2020.Revenue was $0.72 million, which was down 56% from the revenue generated in the same period last year.  Net income was ($0.08 million) compared to $0.58 million for the same period last year.Michael Bledsoe, President, commented, “The closure of schools and after-school programs has significantly affected the Company’s performance compared to a year ago.  While this is extremely disappointing to all of us, the consolation I offer is that the Company is streamlined and efficient, with good operating leverage when revenue...

OR YEHUDA, Israel, Aug. 13, 2020 (GLOBE NEWSWIRE) — Magic Software Enterprises Ltd. (NASDAQ and TASE: MGIC), a global provider of end-to-end integration and application development platforms solutions and IT consulting services, announced today its financial results for the second quarter and first half ended June 30, 2020.Financial Highlights for the Second Quarter Ended June 30, 2020Revenues for the second quarter increased 12% to $86.5 million compared to $77.1 million in the same period last year.Operating income for the second quarter increased 22% to $9.8 million compared to $8.0 million in the same period last year.Non-GAAP operating income for the second quarter increased 14% to $12.2 million compared to $10.7 million in the same period last year.Net income attributable to Magic’s shareholders for the second quarter...

Global Franchisor To Beef Up Burger Portfolio with World-Wide All-American Restaurant ChainLOS ANGELES, Aug. 13, 2020 (GLOBE NEWSWIRE) — FAT (Fresh. Authentic. Tasty.) Brands Inc. (NASDAQ: FAT) (“FAT Brands” or the “Company”) announced today that it has agreed to acquire the Johnny Rockets restaurant chain from an affiliate of private equity firm Sun Capital Partners, Inc. for approximately $25 million. The deal will be funded through cash on hand and proceeds generated from the Company’s securitization facility. The purchase is expected to be completed in September 2020. With the acquisition of Johnny Rockets, FAT Brands will have more than 700 franchised and company owned restaurants around the globe with annual system-wide sales exceeding $700 million.Johnny Rockets was founded in 1986 with its first location on the iconic Melrose...

DAYTONA BEACH, Fla., Aug. 13, 2020 (GLOBE NEWSWIRE) — J. Scott Penny, Chief Acquisitions Officer of Brown & Brown, Inc. (NYSE:BRO), and Paul S. Buiten, the majority owner of Buiten & Associates, LLC, today announced that Brown & Brown of Michigan, Inc., a subsidiary of Brown & Brown, Inc., has acquired substantially all of the assets of Buiten & Associates.Since 1935, Buiten & Associates has provided a wide variety of insurance products and services to businesses and individuals throughout Michigan.  Following the acquisition, the Buiten & Associates team will continue operating from their existing office in Grand Rapids, Michigan, under the leadership of Paul Buiten.Todd Piersol, who oversees various Brown & Brown retail offices in Michigan and Wisconsin, stated, “Over the years, Buiten &...