Day: November 14, 2020

Teck Named Industry Leader on 2020 Dow Jones Sustainability World Index

VANCOUVER, British Columbia, Nov. 14, 2020 (GLOBE NEWSWIRE) — Teck Resources Limited (TSX: TECK.A and TECK.B, NYSE: TECK) (“Teck”) has been named to the S&P Dow Jones Sustainability World Index (DJSI) for the 11th consecutive year and is the industry leader in the Metals and Mining industry on the DJSI.“Operating with social and environmental responsibility is foundational to our success and an important part of who we are as a company,” said Don Lindsay, President and CEO. “Our employees ensure that sustainability is at the heart of everything we do to provide the materials needed for the modern world and for the transition to a low-carbon economy.”The DJSI ranking indicates that Teck’s sustainability practices are in the top 10 percent of the 2,500 largest companies in the S&P Global Broad Market Index (BMI). Teck was...

Continue reading

Gulfport Enters Into Restructuring Support Agreement for Pre-Arranged Plan of Reorganization to Reduce Debt by Approximately $1.25 Billion and Significantly Improve its Cost Structure

Commences Voluntary Chapter 11 Process to Implement Financial RestructuringOKLAHOMA CITY, Nov. 14, 2020 (GLOBE NEWSWIRE) —   Gulfport Energy Corporation (NASDAQ: GPOR) (the “Company” and together with its wholly owned subsidiaries, “Gulfport”) today announced that it has entered into a Restructuring Support Agreement (the “RSA”) with over 95% of its revolving credit facility lenders and certain noteholders holding over two-thirds of the outstanding aggregate principal amount of its senior unsecured notes.  Attached to the RSA is a “pre-negotiated” restructuring plan (the “Plan”) that will strengthen Gulfport’s balance sheet, significantly reduce its funded debt, and lower ongoing operational costs.  Pursuant to the RSA and the Plan, Gulfport expects to eliminate approximately $1.25 billion in funded debt and significantly reduce...

Continue reading

Adverum Biotechnologies Announces Positive Interim Data from Cohorts 1-4 from OPTIC Phase 1 Trial of ADVM-022 Intravitreal Gene Therapy for Wet AMD

— Maintained efficacy and greatly reduced anti-VEGF treatment burden after a single IVT injection of ADVM-022 —— Robust preliminary aqueous anti-VEGF protein expression observed at 18 months in Cohort 1 –— Well tolerated with ocular cell grades and steroid eye drop use decreasing over time —— First pivotal trial planned for mid-2021 following regulatory agency discussions —— Company to host webcast with Key Opinion Leaders to discuss new OPTIC data today, Saturday, November 14, 2020 at 7:30 am PT / 10:30 am ET —REDWOOD CITY, Calif., Nov. 14, 2020 (GLOBE NEWSWIRE) — Adverum Biotechnologies, Inc. (Nasdaq: ADVM), a clinical-stage gene therapy company targeting unmet medical needs in ocular and rare diseases, today announced positive new interim data from Cohorts 1-4 of the OPTIC...

Continue reading

Check Point Software Technologies Named a Leader in Gartner Magic Quadrant for Network Firewalls for the 21st Time

SAN CARLOS, Calif., Nov. 14, 2020 (GLOBE NEWSWIRE) — Check Point® Software Technologies Ltd. (NASDAQ: CHKP), a leading provider of cyber security solutions globally, today announced it has been recognized as a Leader in the Gartner Magic Quadrant for Enterprise Network Firewalls. It is the 21st time in the company’s history that Check Point has been named a Leader for Enterprise Network Firewalls. We believe this year’s recognition highlights Check Point’s continued focus on integrating cloud and on premise security, enhancing performance and integration across its solution range, and its centralized, unified security management.“Being recognized 21 times as a Leader in the Gartner Magic Quadrant for Network Firewalls is a huge accomplishment and a real testament to our market vision,” said Itai Greenberg, VP of Product Management...

Continue reading

Ahold Delhaize elevates its position as a world leader in the Dow Jones Sustainability World Index

Zaandam, the Netherlands, 14 November, 2020 – Ahold Delhaize announces today that it has elevated its position as a world leader in the Food and Staples Retailing sector in the 2020 Dow Jones Sustainability World Index (DJSI World).   The DJSI World benchmark cited Ahold Delhaize’s continued focus on healthier eating as one of the contributors to the improved score, along with the company’s efforts to further reduce its climate impact. Examples are Ahold Delhaize’s Science Based Targets to halve carbon emissions, as well as the company’s climate impact scenarios. In addition, the continued efforts of the Ahold Delhaize brands to improve their environmental, social and governance (ESG) performance were crucial in improving this year’s score. The DJSI World tracks the performance of the world’s leading companies against ESG criteria. It is...

Continue reading

Kirkland Lake Gold Files Early Warning Report

TORONTO, Nov. 13, 2020 (GLOBE NEWSWIRE) — Kirkland Lake Gold Ltd. (“Kirkland Lake Gold” or the “Company”) (TSX:KL) (NYSE:KL) (ASX:KLA) today announced that it has filed an early warning report in connection with the disposition of 1,095,900 common shares of Novo Resources Corp. (“Novo”).Between August 13, 2020 and November 12, 2020, the Company disposed of 1,095,900 common shares of Novo (the “NVO Shares”) through the facilities of the Toronto Stock Exchange at an average price of $3.46 per NVO Share for a total consideration of $3,794,054. Prior to the dispositions, the Company held 29,081,568 NVO Shares and 14,000,000 warrants of Novo (the “NVO Warrants”) representing approximately 15.41% of the then issued and outstanding NVO Shares on a non-diluted basis and 21.25% on a partially diluted basis, assuming the exercise of the Novo...

Continue reading

Aerojet Rocketdyne Propulsion Plays Key Role in Atlas V Mission for the NRO

CAPE CANAVERAL, Fla., Nov. 13, 2020 (GLOBE NEWSWIRE) — Aerojet Rocketdyne propulsion hardware played a key role in the successful launch of a classified U.S. National Reconnaissance Office (NRO) payload from Space Launch Complex 41 here aboard a United Launch Alliance (ULA) Atlas V rocket.“We take our role in helping to launch critical national security assets into orbit for the National Reconnaissance Office very seriously,” said Eileen P. Drake, Aerojet Rocketdyne’s CEO and president. “Our flight proven and reliable RL10 upper-stage engines have supported these types of missions for nearly six decades, and we look forward to providing them for many years to come.”The Atlas V’s Centaur cryogenic upper stage is powered by Aerojet Rocketdyne’s RL10 engine, which is built in West Palm Beach, Florida, and completed its 500th flight...

Continue reading

VIVUS Seeks Bankruptcy Court Approval of Second Amended Joint Chapter 11 Plan of Reorganization and Existing Stock Record Date

CAMPBELL, Calif., Nov. 13, 2020 (GLOBE NEWSWIRE) — On November 10, 2020, VIVUS, Inc. (the “Company”), a biopharmaceutical company, filed the Second Amended Joint Prepackaged Chapter 11 Plan of Reorganization of VIVUS, Inc. and Its Affiliated Debtors [Docket No. 339] (as may be amended, modified, or supplemented from time to time, the “Plan”) with the United States Bankruptcy Court for the District of Delaware (the “Bankruptcy Court”). As set forth in a letter filed with the Bankruptcy Court (the “Equity Support Letter”), the Plan has the full support of the official committee of equity security holders appointed in the Company’s chapter 11 case (the “Equity Committee”) and incorporates the terms and conditions of the plan support agreement filed with the Bankruptcy Court on November 5, 2020 [Docket No. 329] and available, along...

Continue reading

UMH PROPERTIES, INC. TO PARTICIPATE IN NAREIT’S REITWORLD: 2020 ANNUAL CONFERENCE

FREEHOLD, NJ, Nov. 13, 2020 (GLOBE NEWSWIRE) — UMH Properties, Inc. (NYSE:UMH) today announced that Samuel A. Landy, President and Chief Executive Officer, Anna T. Chew, Vice President and Chief Financial Officer, and Eugene W. Landy, Chairman of the Board, are scheduled to participate in Nareit’s REITworld: 2020 Annual Conference, which will be held virtually on November 17-19, 2020.UMH’s senior management team is scheduled to present on Thursday, November 19, 2020, at 10:30 a.m. Eastern Time.To access the presentation at the designated time and on demand for two weeks after the conference concludes, please complete the complimentary conference registration at https://bit.ly/3dQiU8c. Presentation materials will be available at the Company’s website homepage at www.umh.reit.UMH Properties, Inc., which was organized in 1968, is a...

Continue reading

Liberty Gold Reports Q3 2020 Financial and Operating Results

VANCOUVER, British Columbia, Nov. 13, 2020 (GLOBE NEWSWIRE) — Liberty Gold Corp. (LGD – TSX) (“Liberty Gold” or the “Company”), is pleased to announce its financial and operating results for the nine months ended September 30, 2020. All amounts are presented in United States dollars (“USD”) unless otherwise stated.Liberty Gold is focused on advancing a pipeline of Carlin-Style gold deposits in the Great Basin, U.S.A., a mining-friendly jurisdiction that is home to large-scale oxide gold systems ideal for open-pit heap leach mining. The Great Basin covers portions of the states of Nevada, Utah and Idaho. The Company has a proven track-record in discovery and building value in this region.HIGHLIGHTS:Liberty Gold announced the closing of the sale of the Halilağa porphyry copper gold deposit in Turkey,...

Continue reading