Day: November 16, 2020

VANCOUVER, British Columbia, Nov. 16, 2020 (GLOBE NEWSWIRE) — Lithium Americas Corp. (TSX: LAC) (NYSE: LAC) (“Lithium Americas” or the “Company”) has reported financial and operating results for the third quarter ended September 30, 2020.This news release should be read in conjunction with Lithium Americas’ unaudited condensed consolidated interim financial statements and management’s discussion and analysis (“MD&A”) for the nine months ended September 30, 2020, which are available on the Company’s website and SEDAR. All amounts are in U.S. dollars unless otherwise indicated.HighlightsCaucharí-Olaroz Lithium Project (“Caucharí-Olaroz”):Construction activities at Caucharí-Olaroz are underway with enhanced COVID-19 protocols.As of September 30, 2020, $458 million (81%) of the $565 million budgeted...

SHANGHAI, China, Nov. 17, 2020 (GLOBE NEWSWIRE) — Pinduoduo Inc. (“Pinduoduo” or the “Company”) (NASDAQ: PDD), an innovative and fast-growing technology platform and one of the leading Chinese e-commerce players, today announced the proposed registered underwritten public offering (the “Notes Offering”) by the Company of its convertible senior notes due 2025 (the “Notes”) and the proposed registered underwritten public offering (the “ADS Offering,” and together with the Notes Offering, the “Offerings”) of its American Depositary Shares (“ADSs”), each representing four Class A ordinary shares, par value $0.000005 per share.The Company proposes to offer US$1,750 million in aggregate principal amount of the Notes, subject to market and other conditions. The Company also intends to grant the underwriters in the Notes Offering a 30-day...

NEW YORK, Nov. 16, 2020 (GLOBE NEWSWIRE) — Predictive Oncology (NASDAQ: POAI), a knowledge-driven company focused on applying artificial intelligence (“AI”) to personalized medicine and drug discovery, today reported financial results for the quarter ended September 30, 2020 and provided a business update.Business HighlightsHelomics Magee study completing early in Q4; Helomics presents viable model to PharmaSoluble Biotech moves into new office/lab space tripling capacity; new lab equipment installedSigned first contract with a pharmaceutical company for protein expression and solubility studiesLicensed an additional 71 unique ovarian cancer cell lines from Ximbio, the world’s largest non-profit dedicated to life science reagents of all kinds, bringing its total number of unique patient derived cells to 96Completed the asset purchase...

PLANO, Texas, Nov. 16, 2020 (GLOBE NEWSWIRE) — Denbury Inc. (NYSE: DEN) (“Denbury” or the “Company”) today announced its third quarter 2020 financial and operating results.FINANCIAL AND OPERATIONAL HIGHLIGHTSSuccessfully completed financial restructuring and emerged from Chapter 11 reorganization on September 18, 2020, with a strong balance sheet and strong liquidity position:Reduced bond debt by $2.1 billion, resulting in $165 million annual interest savingsEstablished a new $575 million senior secured bank credit facility, with $437 million of availability at September 30, 2020 after borrowings of $85 million and outstanding letters of creditRelocated corporate headquarters, resulting in $9 million in annual savingsAppointed a new board of directors consisting of four new independent members and three continuing membersCommenced...

GUANGZHOU, China, Nov. 17, 2020 (GLOBE NEWSWIRE) — JOYY Inc. (Nasdaq: YY) (“JOYY” or the “Company”), a global video-based social media platform, today announced that the Company entered into definitive agreements with Baidu, Inc. (Nasdaq: BIDU) (“Baidu”). Pursuant to the agreements, Baidu will acquire JOYY’s domestic video-based entertainment live streaming business (“YY Live”), which includes the YY mobile app, YY.com website, and PC YY, among others, for an aggregate purchase price of approximately US$3.6 billion in cash, subject to certain adjustments. The closing of the transaction is subject to certain conditions and is currently expected to occur in the first half of 2021.Mr. David Xueling Li, Chairman and Chief Executive Officer of the Company, commented, “As a pioneer in China’s live streaming industry, JOYY has been deeply...

TORONTO, Nov. 16, 2020 (GLOBE NEWSWIRE) — Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX – CAR.UN) announced today its November 2020 monthly distribution in the amount of $0.11500 per Unit (or $1.38 on an annualized basis). The November distribution will be payable on December 15, 2020 to Unitholders of record on November 30, 2020.To encourage participation and reward our loyal Unitholders, investors registered in our Distribution Reinvestment Plan will continue to receive an additional amount equal to 5% of their distributions paid in the form of additional Units.CAPREIT is one of Canada’s largest real estate investment trusts. CAPREIT owns approximately 57,200 suites and sites, including townhomes and manufactured housing sites, in Canada and indirectly through its investment in ERES, approximately...

CALGARY, Alberta, Nov. 16, 2020 (GLOBE NEWSWIRE) — Quorum Information Technologies Inc. (TSX Venture: QIS) (“Quorum”) announced today that its DealerMine division has been selected to participate in the Government of Canada’s Accelerated Growth Service (“AGS”) initiative. This has expanded Quorum’s partnership with the Government as both XSellerator and DealerMine are now AGS partners.AGS is a Government of Canada initiative that includes the four provincial governments in Atlantic Canada and coordinates government support for high growth companies in areas such as financing, advisory support, export and innovation services.“We are delighted our DealerMine division is now a partner in the AGS program in Atlantic Canada as it will be a more efficient way for us collaborate with the Federal and Provincial governments,”...

SANTA CLARA, Calif., Nov. 16, 2020 (GLOBE NEWSWIRE) — Agora, Inc. (NASDAQ: API) (“Agora”), a pioneer and leading platform for real-time engagement APIs, today announced its financial results for the third quarter ended September 30, 2020.“Agora is empowering software developers around the world to bring contextual video engagement to more and more online activities, such as taking a class or exam, attending a virtual event, meeting new friends and competing in a game. Such innovations are far beyond traditional video conferencing and still have a long way to go,” said Tony Zhao, founder, chairman and CEO of Agora. “Our performance in this quarter demonstrates the steady adoption of contextual video engagement across industries and we will continue to invest in the depth and breadth of our platform to better serve developers.”Third...

ROANOKE, Va., Nov. 16, 2020 (GLOBE NEWSWIRE) — RGC Resources, Inc. (NASDAQ: RGCO) announced consolidated Company earnings of $10,564,534 or $1.30 per share for the fiscal year ended September 30, 2020. This compares to earnings of $8,698,412 or $1.08 per share for the year ended September 30, 2019. CEO Paul Nester stated, “Our mission statement requires us to create value for shareholders, employees and the communities in which we serve through superior customer service and prudent investments. Despite unprecedented challenges and circumstances, we continue to achieve that mission in 2020. The increase in 2020 earnings is attributable to improved utility margins associated with our infrastructure replacement programs, implementation of new non-gas rates, customer growth, and the ongoing investment in the Mountain Valley Pipeline (MVP).”...

Kyoto, Japan and Santa Clara, CA, Nov. 16, 2020 (GLOBE NEWSWIRE) — ROHM has announced the development of a new family of four AEC-Q100 qualified high side switch ICs targeting the automotive market. Available in both 1- and 2-channel variants with RDS(on) ratings of 45mΩ, 70mΩ and 90mΩ, these IPDs (Intelligent Power Devices) incorporate multiple protection functions, ranging from overcurrent protection (OCP) and thermal shutdown (TSD) to open load detection (OLD) and under voltage lockout (UVLO), as well as a diagnostic output function (ST) for error detection.In addition, the 70mΩ BV2HD070EFU-C and 45mΩ BV2HD045EFU-C/BV2HC045EFU-C 2ch high side switches feature variable OCD and OCD mask functions that allow users to set limits for the overcurrent threshold and time to achieve the optimum overcurrent protection for a given load....