Month: August 2020

FORT WAYNE, Ind., Aug. 28, 2020 (GLOBE NEWSWIRE) — Vera Bradley, Inc. (NASDAQ: VRA), the iconic women’s fashion and lifestyle brand, today announced it has raised $633,636 for the American Nurses Foundation’s Coronavirus Response Fund, by donating a percentage of sales from its cotton face masks through July 2020.Since the COVID-19 pandemic began, Vera Bradley has been on a mission to support the nation’s healthcare workers and first responders. In response to the shortage of medical supplies at the onset of the pandemic, the company leveraged its global supply chain to procure and distribute in-demand personal protective equipment (PPE) – including sourcing more than five million medical-grade face masks for those on the frontlines. In March, the company also quickly converted operations to manufacture millions of cotton face masks...

Press Release5G could deliver up to $3.3 trillion of economic and social value in Latin America by 2035Omdia and Nokia publish an in depth report “Why 5G in Latin America”The report finds 5G is essential to Latin America, facilitating digital transformation, GDP growth and a $9 trillion revolution in productivity28 August 2020Espoo, Finland – Omdia and Nokia’s “Why 5G in Latin America” report finds 5G will come to Latin America, sooner rather than later. The region lags its peers in productivity and economic growth, both of which will be enhanced by digital transformation. This, in turn, requires significantly enhanced broadband communications, and that leads to 5G which could add $3.3 trillion of value by 2035 and a $9 trillion improvement in productivity.The report discusses the region’s macro-economic performance over the past decade,...

VANCOUVER, British Columbia, Aug. 28, 2020 (GLOBE NEWSWIRE) — Liberty Gold Corp. (LGD-TSX) (“Liberty Gold” or the “Company”) is pleased to announce it has signed a definitive agreement (the “Agreement”) for the option of its 100% interest in the Baxter Spring Gold project, located in central Nevada (“Baxter Spring”) to  BlueBird Battery Metals Inc., (BATT-TSX.V) (“BlueBird”).Pursuant to the terms of the Agreement, Liberty Gold will receive in return for its interest in Baxter Spring an aggregate of US$500,000 in cash plus common shares in BlueBird (“BlueBird Shares”) equal to 19.5% of the issued and outstanding BlueBird Shares on a non-diluted basis (the “Transaction”).Terms of the Agreement:Closing of the Transaction is subject to completion of a financing by BlueBird and other customary conditions including approval by the TSX...

WALTHAM, Mass., Aug. 28, 2020 (GLOBE NEWSWIRE) — Entasis Therapeutics Holdings Inc. (Nasdaq: ETTX) (“Entasis”), a clinical-stage biopharmaceutical company focused on the discovery and development of novel antibacterial products, announced today it has entered into a definitive agreement to sell securities in a private placement with Innoviva, Inc. (Nasdaq: INVA), a company with a portfolio of royalties, and another healthcare-focused institutional investor. The gross proceeds to the Company from the private placement, before deducting the placement agent’s fees and other estimated offering expenses payable by the Company, are expected to be approximately $25 million.The Company intends to use the net proceeds from the private placement for the continued support of the ongoing ATTACK Phase 3 registration clinical trial as well...

FORT LAUDERDALE, Fla., Aug. 28, 2020 (GLOBE NEWSWIRE) — Motus GI Holdings, Inc., (NASDAQ: MOTS) (“Motus GI” or the “Company”), a medical technology company providing endoscopy solutions that improve clinical outcomes and enhance the cost-efficiency associated with the diagnosis and management of gastrointestinal conditions, announced today that it has entered into a securities purchase agreement with a single healthcare focused institutional investor providing for the sale and issuance of  8,733,625 shares of common stock (or pre-funded warrants to purchase common stock in lieu thereof) at an effective purchase price of $1.145 per share of common stock (or $1.144 per pre-funded warrant) in a registered direct offering priced at-the-market under Nasdaq rules. The offering is expected to result in gross proceeds...

DALLAS, Aug. 28, 2020 (GLOBE NEWSWIRE) — Topgolf Media, a division of global sports and entertainment leader Topgolf Entertainment Group, has teamed with Super League Gaming (NASDAQ: SLGG), a leader in bringing live and digital esports entertainment and experiences directly to everyday gamers around the world, to connect fans through World Golf Tour by Topgolf (WGT) online tournaments and associated broadcasts. These events, which have been streamed live around the world, bring together avid golf fans, celebrities and professional athletes—connecting everyone through their love for the game of golf. The inaugural season culminates in a head-to-head Championship match on Aug. 29, with plans now confirmed for a new season to tee off in the fall.  Since the beginning of 2020, Topgolf has produced monthly WGT Live Series tournaments...

SAN DIEGO, Aug. 28, 2020 (GLOBE NEWSWIRE) — Bionano Genomics, Inc. (Nasdaq: BNGO) announced today that on August 26, 2020, it commenced mailing an open letter to stockholders in support of its proposal to increase authorized shares, a copy of which is included at the end of this press release. Erik Holmlin, PhD, CEO of Bionano commented, “We are fast approaching our stockholder meeting to be held on August 31, 2020. I want to thank the many stockholders whose input helped craft the strategy we are pursuing to increase our authorized shares without an accompanying reverse stock split. This increase in authorized shares is imperative and has been carefully considered after receiving abundant stockholder feedback. As of August 26, 2020, we had approximately 13.3 million available authorized shares, which we continue to believe is insufficient...

FALLS CHURCH, Va., Aug. 28, 2020 (GLOBE NEWSWIRE) — DZSP 21 LLC, a joint venture between PAE (NASDAQ: PAE, PAEWW) and Parsons Corporation (NYSE: PSN), was awarded a facility and base operating support services contract by the Naval Facilities Engineering Command, Pacific, at Joint Region Marianas, Guam. The contract has a total value of $545.3 million if all options and extensions are exercised.“With this award, the Navy recognizes the expertise DZSP 21 has brought to Joint Region Marianas through facilities and operations management we’ve performed since 2005,” said PAE Vice President of Infrastructure and Logistics and DZSP 21 Management Committee Delegate, Jim Sands. “Our capable team is proud to continue its legacy of delivering exceptional service to military personnel on Guam and throughout the Marianas.”“Supporting our warfighters...

BOGOTÁ, Colombia, Aug. 28, 2020 (GLOBE NEWSWIRE) — Medcolcanna Organics Inc. (“Medcolcanna”, “MCCN” or the “Company”) (TSXV: MCCN), a leading Colombian and globally integrated cannabis company, is pleased to announce that it has closed on the first tranche of its previously announced offering of convertible debentures, raising gross aggregate proceeds of approximately $1 million, being the full amount previously disclosed. The offering consists of convertible secured debentures (the “Debentures”). The Debentures are convertible into common shares in the capital of the Company (“Common Shares”) on the following terms: the Debentures will be convertible into Common Shares at a price of $0.20 per share and will have a term of two (2) years from the date of issuance, with interest payable twice yearly of fourteen percent (14%) per annum...

Base EBITDA from continuing operations of $40.5 million, an increase of 67% over the comparable prior year period$136.3 million Base gross margin, an increase of 3% over the comparable prior year period Reaffirms Base EBITDA guidance range of $130 million to $160 million for fiscal year 2021Strong stakeholder approval of the Recapitalization PlanTORONTO, Aug. 28, 2020 (GLOBE NEWSWIRE) — Just Energy Group Inc. (“Just Energy” or the “Company”) (TSX:JE; NYSE:JE), a retail energy provider specializing in electricity and natural gas commodities, renewable energy options and carbon offsets, announced its first quarter results for fiscal year 2021.“We began fiscal year 2021 with a strong financial and operational performance despite on-going challenges brought on by the COVID-19 pandemic,” said Just Energy’s President and Chief Executive...