Day: October 30, 2020

SASKATOON, Saskatchewan, Oct. 30, 2020 (GLOBE NEWSWIRE) — Cameco (TSX: CCO; NYSE: CCJ) received notice today that Canada Revenue Agency (CRA) has sought leave from the Supreme Court of Canada (Supreme Court) to appeal the June 26, 2020 decision of the Federal Court of Appeal, which found in favour of Cameco in its dispute of reassessments issued by CRA for the 2003, 2005 and 2006 tax years.“After two clear and decisive rulings in our favour from the Tax Court of Canada and the Federal Court of Appeal that confirmed we complied with both the letter and intent of the law, it is incredibly disheartening and unfair for our employees, communities and many other stakeholders to be once again thrown into uncertainty as a result of CRA’s actions,” said Cameco president and CEO Tim Gitzel.“Cameco’s position has prevailed at every stage of...

BOSTON, Oct. 30, 2020 (GLOBE NEWSWIRE) — Rhythm Pharmaceuticals, Inc. (Nasdaq:RYTM), a late-stage biopharmaceutical company aimed at developing and commercializing therapies for the treatment of rare genetic disorders of obesity, announced today that results from two pivotal Phase 3 studies evaluating setmelanotide in proopiomelanocortin (POMC) deficiency obesity and leptin receptor (LEPR) deficiency obesity were published in The Lancet Diabetes & Endocrinology. As previously reported, data from the studies demonstrate that treatment with setmelanotide, the company’s melanocortin-4 receptor (MC4R) agonist, led to statistically significant and clinically meaningful reductions of weight and hunger.“Results from Rhythm’s pivotal Phase 3 studies, which are the largest studies to date in POMC and LEPR deficiency obesities, provide...

TORONTO, Oct. 30, 2020 (GLOBE NEWSWIRE) — Cardinal Resources Limited (ASX: CDV; TSX: CDV) (“Cardinal” or “the Company”) a Ghana gold focused exploration and development company, is pleased to present its Quarterly activities report for the period ended 30 September 2020.HIGHLIGHTSOn July 7, 2020 the Company announced that it had raised AU$11,960,000 as a result of the issue of 26,000,000 fully paid ordinary shares to Shandong Gold Mining (Hong Kong) Co Ltd (“Shandong Gold”) in accordance with the terms of the Bid Implementation Agreement.On July 15, 2020 Cardinal received an unconditional on-market takeover offer at AU$0.66 per share from Nord Gold SE (“Nordgold”). Having regards to the unsolicited nature of the takeover bid and the provisions of the Bid Implementation Agreement with Shandong Gold, the Board of Cardinal recommended...

SPOKANE, Wash., Oct. 30, 2020 (GLOBE NEWSWIRE) — Today Avista (NYSE: AVA) made multiple filings with the Washington Utilities and Transportation Commission (WUTC or Commission) that, if approved, would allow the Company to recover costs for infrastructure and other investments without increasing customer bills. The filings include electric and natural gas general rate cases, a tax customer credit, and a deferral request related to implementation of the Company’s Wildfire Resiliency Plan.“The last year has been punctuated by the unprecedented COVID-19 pandemic and crisis, and we’ve all had to quickly adapt as things changed so significantly,” Avista President and CEO Dennis Vermillion said. “While Avista responded to the situation created by the crisis, we maintained our focus on our essential service and providing our customers...

TORONTO, Oct. 30, 2020 (GLOBE NEWSWIRE) — SmartCentres Real Estate Investment Trust (“SmartCentres” or the “REIT”) (TSX;SRU.UN), one the largest real estate companies in Canada, is pleased to announce that, with the support of the City of Cambridge, the Minister of Municipal Affairs and Housing has issued a Minister’s Zoning Order (“MZO”) for the REIT’s property at 22 Pinebush Road in the City of Cambridge, Ontario.As a result of the MZO, SmartCentres’ 73-acre Cambridge property, currently zoned only for retail uses and operating as a retail shopping centre, now permits various forms of residential, retail, office, institutional, and commercial land uses to create a complete vibrant urban community. Today’s announcement adds to SmartCentres’ exciting development program to redevelop and intensify existing properties owned by the...

VANCOUVER, British Columbia, Oct. 30, 2020 (GLOBE NEWSWIRE) — Swiss Water Decaffeinated Coffee Inc. (TSX – SWP) (“Swiss Water” or “the Company”) announced today that it will hold a conference call to discuss its financial results for the three and nine months ended September 30, 2020 on Friday, November 6, 2020 at 10:00 am Pacific Time (1:00 pm Eastern Time). The call can be accessed by dialing: 1-844-602-0380 (toll free) or 1-862-298-0970 (international) approximately five minutes before the call and providing the Company name.A replay will be available through November 20, 2020 at 1-877-481-4010 (toll free) or 1-919-882-2331 (international) passcode: 38572.The financial results will be released on Thursday, November 5, 2020 after markets close.About Swiss Water Decaffeinated Coffee Inc.Swiss Water’s mission...

MISSISSAUGA, Ontario, Oct. 30, 2020 (GLOBE NEWSWIRE) — Smart Employee Benefits Inc. (“SEB” or the “Company”) (TSXV: SEB) today reports its financial results for the third quarter of 2020.States John McKimm, President/CEO/CIO of Smart Employee Benefits Inc.:“Adjusted EBITDA and EBITDA improved significantly for the third quarter, 2020 over the comparable period the previous year, after adjustment of the one-time Gain on sale of assets recorded in the third quarter, 2019. The gross margin percentage improved by 3.5% from the second quarter, 2020 and 3.4% from the same period the previous year. Operating costs reduction initiatives led to the year over year improvement in cost structure of approximately $1,227,496 quarter over quarter and $3,585,015, for the nine months year to date 2020 compared to 2019.These savings are expected...

FRANKLIN, Ind., Oct. 30, 2020 (GLOBE NEWSWIRE) — IBC Advanced Alloys Corp. (“IBC” or the “Company”) (TSX-V: IB; OTCQB: IAALF) announces that, pursuant to its stock option plan, it has granted incentive stock options to its officers, employees, and consultants to purchase up to an aggregate of 920,000 common shares in the capital stock of the Company, exercisable for a period of five years from the date of grant at a price of C$0.15 per share. The options vest as follows: 25% vests immediately; 25% will vest on the first anniversary date of the grant; 25% will vest on the second anniversary date of the grant; and 25% will vest on the third anniversary of the date of the grant.On Behalf of the Board of Directors:“Mark Smith”Mark Smith, ChairmanContact:Mark A. Smith, CEO and Board ChairmanJim Sims, Director of Investor and Public...

ROAD TOWN, British Virgin Islands, Oct. 30, 2020 (GLOBE NEWSWIRE) — Aura Minerals Inc. (“Aura” or the “Company”) (TSX: ORA) (B3: AURA32), announces the voting results from its Annual General and Special Meeting of Shareholders that was held on October 30, 2020 via live webcast.Votes at the MeetingFor additional details on these matters, please see the management information circular of the Company dated September 29, 2020.1. Election of Directors. Voting results for the election of Directors are as follows:2. Appointment and Remuneration of Auditors. Voting results for the appointment of PricewaterhouseCoopers LLP, Chartered Professional Accountants and PricewaterhouseCoopers Auditores Independientes, as auditors of the Company and to authorize the board to fix their remuneration, are as follows:3. Company’s Incentive Stock Option...

EDMONTON, Alberta, Oct. 30, 2020 (GLOBE NEWSWIRE) — Further to its news release dated October 9, 2020, Alcanna Inc. (the “Company” or “Alcanna”) (TSX: CLIQ) today announced the successful closing of the Company’s sale of eight (8) convenience-format liquor stores on Vancouver Island, British Columbia to Mid-Island Consumer Services Co-operative (“Mid-Island Co-op”).The total purchase price was approximately $21.2 million, inclusive of inventory and other assets. Alcanna received approximately $20.9 million on closing and anticipates receiving up to an additional $0.3 million prior to the end of 2020 as part of the post-closing price adjustments. The stores will continue to be operated under the Liquor Depot banner for a period of up to three months as part of the transitional services provided by the Company.The proceeds from the...