Month: September 2020

HANGZHOU, China, Sept. 08, 2020 (GLOBE NEWSWIRE) — Canaan Inc. (NASDAQ: CAN) (“Canaan” or the “Company”), a leading high-performance computing solutions provider, today announced that its board of directors has authorized a share repurchase program under which the Company may repurchase up to US$10 million worth of its outstanding (i) American depositary shares (“ADSs”), each representing 15 Class A ordinary shares, and/or (ii) Class A ordinary shares over the next 12 months starting from September 22, 2020.Under the share repurchase program, the Company may repurchase its ADSs from time to time through open market transactions at prevailing market prices, privately negotiated transactions, block trades or any combination thereof. In addition, Canaan will also effect repurchase transactions in compliance...

-Highly statistically significant reductions in both pruritus and serum bile acids--Well tolerated with very low incidence of diarrhea--Similar efficacy in children with PFIC1 or PFIC2--Pivotal trial results substantiate potential for odevixibat to be first drug for PFIC patients-–Regulatory submissions for approval on track–-Conference call to be held today at 8:30 a.m. EDT-BOSTON, Sept. 08, 2020 (GLOBE NEWSWIRE) — Albireo Pharma, Inc. (Nasdaq: ALBO), a clinical-stage orphan pediatric liver disease company developing novel bile acid modulators, today announced positive topline results from PEDFIC 1, a global Phase 3 clinical trial evaluating the efficacy and safety of odevixibat and the largest study ever conducted in PFIC1 and PFIC2. PEDFIC 1 met its two primary endpoints, demonstrating that odevixibat reduced serum...

NEWPORT BEACH, Calif., Sept. 08, 2020 (GLOBE NEWSWIRE) — DPW Holdings, Inc. (NYSE American: DPW) a diversified holding company (“DPW,” or the “Company”) announced that construction is fully underway on the Tribeca Hotel at 456 Greenwich Street, New York, NY. The foundation has been completed and the superstructure has emerged from the ground. The opening date of the luxury hotel is slated for the summer of 2022. The Company is a limited partner in the Tribeca Hotel development project (the “NY Partnership”).Background on the NY PartnershipOn June 8, 2018, the Company entered into a limited partnership agreement, in which it agreed to become a limited partner in the NY Partnership and has invested an aggregate of $1,869,000. On June 12, 2019, the agreement was restructured whereby DPW has no further funding obligations until the...

Municipality Finance PlcStock exchange release8 September 2020 at 1:30 pm (EET)Municipality Finance issues its debut social bond under MTN programmeMunicipality Finance Plc issues EUR 500 million social bond on 10 September 2020. The maturity date is 10 September 2035. The social bond bears interest at fixed rate of 0.050 % per annum.The social bond is issued under MuniFin’s EUR 40 billion programme for the issuance of debt instruments. The offering circular is available in English on the company’s website at www.munifin.fi/investor-relations.MuniFin has applied for the social bond to be admitted to trading on the Helsinki Stock Exchange maintained by Nasdaq Helsinki. The public trading is expected to commence on 10 September 2020.BNP Paribas, Credit Agricole CIB, DZ Bank and SEB act as the Joint Lead Managers for the issue of the...

Oslo, Norway, 8 September 2020. Reference is made to the previous announcements by PCI Biotech Holding ASA (“PCI Biotech” or the “Company”) in respect of the issuance of 60,500 new shares following exercise of employee share options in the Company.The share capital increase resolved by the Board of Directors following the share option exercise on 2 September 2020, has now been registered in the Norwegian Register of Business Enterprises, and the capital increase has thus been completed.The Company’s new share capital is NOK 111,979,170 divided by 37,326,390 shares, each with a nominal value of NOK 3.00 and each giving one vote at the Company’s general meeting.The new shares issued following the option exercise will be tradable when they have been registered on the VPS accounts of the subscribers; such...

O3 MINING PEA WEBINAR TO BE HELD SEPTEMBER 8, 2020 @9:00 AM EST. To join the webinar, register here.TORONTO, Sept. 08, 2020 (GLOBE NEWSWIRE) — O3 Mining Inc. (TSX.V:OIII) (“O3 Mining” or the “Corporation”) is pleased to announce positive results from the independent preliminary economic assessment (“PEA”), prepared in accordance with National Instrument 43-101 – Standards of Disclosure for Mineral Projects (“NI 43-101”), for its 100% owned Marban project at the Malartic property, in the world-class mining region of Val D’Or in Québec, Canada.With the PEA now complete, O3 Mining will begin working on a pre-feasibility study to advance the Marban project towards production as part of a staged development strategy while continuing its aggressive drilling programs aimed to maximize...

UN WEBINAIRE D’O3 MINING SUR L’EEP AURA LIEU LE 8 SEPTEMBRE 2020 À 9 H, HNE.Pour participer au webinaire, veuillez vous inscrire ici.TORONTO, 08 sept. 2020 (GLOBE NEWSWIRE) — O3 Mining Inc. (TSX.V : OIII) (« O3 Mining » ou la « Société ») est heureuse d’annoncer les résultats positifs de l’évaluation économique préliminaire indépendante (« EEP »), préparée conformément au Règlement 43-101 sur l’information concernant les projets miniers (« Règlement 43-101 »), pour son projet Marban, détenu à 100 %, sur la propriété Malartic, dans la région minière de classe mondiale de Val-d’Or au Québec, Canada.L’EEP étant maintenant terminée, O3 Mining va entreprendre une étude de préfaisabilité pour faire avancer le projet Marban vers la production dans le cadre d’une stratégie de développement par étapes tout en poursuivant ses programmes de...

DENVER, Sept. 08, 2020 (GLOBE NEWSWIRE) — Assure Holdings Corp. (the “Company” or “Assure”) (TSXV: IOM; OTCQB: ARHH), a provider of intraoperative neuromonitoring services (“IONM”), announces that further to the Company’s news release on August 31, 2020, announcing its financial results for the second quarter ended June 30, 2020 (the “Earnings Release”), Assure received a formal notification (the “Notice”) from Central Bank & Trust, a part of Farmers & Stockmens Bank (“Central Bank”) advising that the additional reserves recorded by the Company against its accounts receivable constitutes a material adverse change in the assets of Assure which thereby triggers an event of default under the loan agreement dated August 12, 2020, between the Company and Central Bank (the “Loan Agreement”). Central Bank has not made a demand...

METTAWA, Ill., Sept. 08, 2020 (GLOBE NEWSWIRE) — Brunswick Corporation (NYSE: BC) today announced the restart of its systematic share repurchase program. The share repurchase program had been suspended earlier this year due to the uncertainty related to the COVID-19 pandemic.  Prior to the suspension, the Company had completed roughly one-third of its $100 million target planned for the year.  This is in addition to the $400 million of share repurchases the Company completed in 2019. Today’s announcement to resume the Company’s share repurchase program is consistent with Brunswick’s long-term capital plan outlined at its February Investor Day event in Miami.   This comes just weeks after Brunswick announced the repayment of the remaining $85 million balance of its revolving line of credit, resulting in enhanced liquidity and financial...

BASKING RIDGE, N.J., Sept. 08, 2020 (GLOBE NEWSWIRE) — In the latest RootMetrics’ 1H 2020 US State of the Mobile Union report, released today, Verizon’s network was awarded best overall and won or tied six of seven award categories, including overall network performance, reliability, data, call and text as well as the brand new “network accessibility” category. This was the first report from RootMetrics to incorporate 5G results into scoring at the national, state, and metro levels, noting the speeds on Verizon’s 5G Ultra Wideband were “outstanding” and Verizon’s “4G LTE network has continued to deliver outstanding results, so Verizon users should experience fast speeds and strong performance regardless of network technology.”  5G Ultra Wideband is currently available in parts of 36 US cities.“These results reinforce what many of...