Month: August 2020

WHITEHORSE, Yukon, Aug. 05, 2020 (GLOBE NEWSWIRE) — Victoria Gold Corp. (TSX-VGCX) (“Victoria” or the “Company”), is pleased to announce that, on August 4, 2020, the Company repaid US$10 million toward its senior secured credit facility.This US$10 million repayment is an early, unscheduled repayment of interest and principal. The Company made its first senior debt repayment on May 31, 2020 (see press release dated June 3, 2020). Regular payments are scheduled to occur on a quarterly basis with the final payment scheduled for November 2023. Under the terms of the senior secured credit facility, there are no fees or penalties for early payments.“We are advantaged to be in the final stages of ramping up the Eagle Gold Mine to full production of over 200,000 ounces of gold annually at a time of record breaking gold prices,” stated John...

VANCOUVER, British Columbia, Aug. 05, 2020 (GLOBE NEWSWIRE) — Medallion Resources Ltd. (TSX-V: MDL; OTCPK: MLLOF; Frankfurt: MRDN) – “Medallion” or the “Company”) announces the appointment of Robert (Bob) Doyle, CPA, CA, as the Company’s new Chief Financial Officer (“CFO”) and Corporate Secretary. Bob is a principal of Pacific Opportunity Capital, a highly regarded Vancouver-based corporate services firm. “It’s great to receive the input of Bob and the support of the Pacific Opportunity team as we focus on building the company,” said Mark Saxon, Medallion President & CEO. “Furthermore, and on behalf of the entire board, I’d like to thank Tom Arnould for his many years of excellent service to Medallion as well as assistance in the transfer the CFO and Corporate Secretary functions.”   About Medallion ResourcesMedallion Resources...

SAN CARLOS, Calif., Aug. 05, 2020 (GLOBE NEWSWIRE) — Check Point® Software Technologies Ltd. (NASDAQ: CHKP), a leading provider of cyber security solutions globally, extends its cyber security academia cooperation with New York University (NYU) to nurture the next generation of computer engineers. For the first time, NYU is partnering with a cyber-security software company that addresses multi vector protections: cloud, network, endpoint, and mobile.Leveraging Check Point’s unmatched experience and expertise in the cyber landscape, NYU Tandon School of Engineering students will receive full visibility and understanding of the Check Point Infinity Architecture via Check Point’s eLearning system. The Infinity eLearning program gives students access to the following innovative Cyber Security learning paths:Cloud Security –...

~ FDA Set a PDUFA Target Action Date for PEDMARKTM of August 10, 2020 ~~ Strong Financial Position with $38.7 million in cash and no debt ~RESEARCH TRIANGLE PARK, N.C., Aug. 05, 2020 (GLOBE NEWSWIRE) — Fennec Pharmaceuticals Inc. (NASDAQ:FENC; TSX: FRX), a specialty pharmaceutical company focused on the development of PEDMARKTM (a unique formulation of sodium thiosulfate) for the prevention of platinum-induced ototoxicity in pediatric patients, today reported its financial results for the second quarter ended June 30, 2020 and provided a business update.“We continue to work with the FDA as a part of their review process in advance of the pending PEDMARKTM PDUFA date of August 10,” said Rosty Raykov, chief executive officer of Fennec Pharmaceuticals. “Our organization and commercial team have been actively preparing for launch...

COCONUT CREEK, Fla., Aug. 05, 2020 (GLOBE NEWSWIRE) — Willis Lease Finance Corporation (NASDAQ: WLFC) today reported second quarter total revenues of $75.0 million and pre-tax profit of $9.7 million. The Company reported lower revenue in the second quarter of 2020 than the prior year period due primarily to the impact the COVID-19 pandemic has had on the aviation industry, generally, leading to reduced revenues in the core leasing business. Aggregate lease rent and maintenance reserve revenues were $68.4 million for the second quarter of 2020.“We are pleased to have maintained profitability in the second quarter, with $9.7 million of reported pre-tax income, given the unprecedented impacts the COVID-19 pandemic has had on our industry,” said Charles F. Willis, Chairman and CEO. “As we have from the beginning of this event, we are...

GUANGZHOU, China, Aug. 05, 2020 (GLOBE NEWSWIRE) — LIZHI INC. (“LIZHI” or the “Company”) (NASDAQ: LIZI), a leading online UGC audio community and interactive audio entertainment platform in China, today announced that it will report its second quarter 2020 unaudited financial results, on Thursday, August 13, 2020, after the close of U.S. markets.The Company’s management will host an earnings conference call at 9:00 PM U.S. Eastern Time on August 13, 2020 (9:00 AM Beijing/Hong Kong time on August 14, 2020).To speed up the entry process for participants, this earnings conference call requires all participants to finish an online registration in advance.For participants who wish to join the call, please complete the Direct Event online registration at http://apac.directeventreg.com/registration/event/4757706 at least 15 minutes...

TORONTO, Aug. 05, 2020 (GLOBE NEWSWIRE) — Today, Torex Gold Resources Inc. (the “Company” or “Torex”) (TSX: TXG) released the Company’s financial results for the three and six months ended June 30, 2020 as well as its updated operational outlook for 2020.Due to the COVID-19 decree issued by the Government of Mexico, production at El Limón Guajes (ELG) was temporarily suspended for the month of April and partially resumed in May with the processing of lower grade stockpiled material. Following the designation of mining as an essential activity in Mexico, full production resumed at the beginning of June.Jody Kuzenko, President & CEO of Torex, stated:“While this quarter was far from business as usual, we delivered solid operational performance and demonstrated the financial strength of our business even in these most challenging...

SAN JOSE, Calif., Aug. 05, 2020 (GLOBE NEWSWIRE) — Forescout Technologies, Inc. (NASDAQ:FSCT), the world leader in device visibility and control, today announced a strategic partnership with Arista Networks, an industry leader in software-driven cloud networking solutions for large datacenter and campus environments, to reduce cybersecurity risks brought on by explosive growth of IoT devices, increased network complexity and propagation of malware. The partnership includes the development of a unique open ecosystem that embeds security within the network fabric and delivers full visibility and enforcement of critical enterprise assets.“Forescout and Arista are transforming network security with policy-driven segmentation and least privilege access across Arista and heterogeneous environments without proprietary vendor lock-in,”...

2Q20 Net sales $195.4 million down 25%Gross Margin 39.1%, an increase of 130 basis pointsSelling, general and administrative expenses $65.7 million, decreased 8%2Q20 Loss from continuing operations attributable to GCP shareholders of $1.3 million; Adjusted EBIT* of $13.3 millionNet cash provided by operating activities of $17.6 million for six months ended June 30, 2020Completed the sale of GCP’s Cambridge headquarters for $125 million; Board of Directors authorizes $100 million stock repurchase programCAMBRIDGE, Mass., Aug. 05, 2020 (GLOBE NEWSWIRE) — GCP Applied Technologies Inc. (NYSE: GCP), a leading global provider of construction products technologies, today announced results for the second quarter of 2020.For the three months ended June 30, 2020, GCP reported net sales of $195.4 million compared to $262.2 million in the prior...

LEXINGTON, Mass., Aug. 05, 2020 (GLOBE NEWSWIRE) — Mimecast Limited (NASDAQ: MIME), a leading email security and cyber resilience company, today announced an industry changing capability that will allow customers to launch live phishing simulations. Known as SAFE Phish, it’s designed to let security teams create training exercises using real-life, de-weaponized campaigns that target their organizations and employees. Training results are engineered to be incorporated into the Mimecast SAFE ScoreTM dashboard, which is designed to aggregate data to gauge a company’s security posture. Organizations have an opportunity to re-define the way overall risk is measured as a result. “Replicating genuine phishing attacks for training purposes has historically been challenging,” said Michael Madon, SVP and GM of Mimecast Security Awareness...