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Day: December 11, 2020

Ziopharm Comments on Delay of WaterMill’s Stated Consent Deadline

Ziopharm Recommends Shareholders Return the GREEN Consent Revocation CardBOSTON, Dec. 11, 2020 (GLOBE NEWSWIRE) — Ziopharm Oncology, Inc. (Nasdaq: ZIOP) (“Ziopharm” or the “Company”), today issued a statement in connection with the consent solicitation (the “Consent Solicitation”) initiated by WaterMill Asset Management Corp., Mr. Robert W. Postma and certain other individuals (collectively, “WaterMill”) following the delay of the original December 11 deadline set by WaterMill for Ziopharm shareholders to deliver written consents in support of the Consent Solicitation. Ziopharm continues to strongly recommend shareholders sign and return the Company’s GREEN Consent Revocation Card.The statement is as follows:“We have been informed that WaterMill has requested to delay the voting deadline until December 15, a clear sign that it does...

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EarthRenew Enters Into Marketing Agreement

TORONTO, Dec. 11, 2020 (GLOBE NEWSWIRE) — EarthRenew Inc. (CSE:ERTH) (“EarthRenew” or the “Company”) is pleased to announce the Company has entered into a marketing agreement with Hybrid Financial Inc. (“Hybrid”), an arm’s length party. Hybrid has been engaged by EarthRenew for a period of six-months starting December 11, 2020 which term may be renewed for successive three-month periods thereafter upon the mutual agreement of EarthRenew and Hybrid. Consideration for the engagement is $185,000, plus applicable taxes, during the initial six-month term. Hybrid is a sales and distribution company that actively connects issuers to the investment community across North America. Using a data driven approach, Hybrid provides its clients with comprehensive coverage of both American and Canadian markets.About EarthRenew Inc.EarthRenew’s mission...

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Origin Gold Receives TSXV Conditional Approval for Acquisition of Colombian Gold Project

TORONTO, Dec. 11, 2020 (GLOBE NEWSWIRE) — Origin Gold Corporation (“Origin Gold” or the “Company”) (TSXV: OIC) is pleased to announce that the TSX Venture Exchange (“TSXV”) has conditionally approved its previously announced acquisition of a gold mining project in Colombia (the “Acquisition”). The project consists of interests in 26 mining claim titles and applications in Antioquia, Colombia. For more information about the Acquisition, please see the Company’s press releases dated October 28, 2020 and November 30, 2020, which are available under the Company’s SEDAR profile at www.sedar.com. The closing of the Acquisition remains subject to the satisfaction of customary conditions precedent, including, inter alia, the receipt of regulatory approvals in Colombia, the final approval of the TSXV (including the completion of a technical...

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Dada Group, JD and Innisfree Announce Strategic Partnership for New On-Demand Retail Model for Beauty Brands

Shanghai, Dec. 11, 2020 (GLOBE NEWSWIRE) — Shanghai, China, December11, 2020 – Dada Group (Nasdaq: DADA) (“Dada” or “the Company”), China’s leading local on-demand delivery and retail platform, today announced a partnership with JD.com and Innisfree, a South Korean cosmetics brand owned by Amore Pacific. Though this agreement, Innisfree will join the Company’s O2O platform, transforming its logistical and order fulfilment capabilities and providing its customers access to Dada Now’s one-hour delivery service.

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Leonovus Inc. Grants Stock Options

OTTAWA, Dec. 11, 2020 (GLOBE NEWSWIRE) — Leonovus Inc. (“Leonovus”) (TSXV: LTV) (OTC: LVNSF). Michael Gaffney, Chairman and Chief Executive Officer of Leonovus reports that the Company’s board of directors has approved the grant of options to purchase up to 500,000 common shares at an exercise price of $0.475 per share to employees, contractors, officers and directors of the Company. The options were granted December 9, 2020, vest in equal 48-month instalments and are valid until December 8, 2025.About LeonovusLeonovus is a software provider that offers storage solutions that untether your data, allowing you to embrace cloud storage securely, simply and cost-effectively while giving you the flexibility to deal with the ever-evolving cloud storage landscape.Leonovus Smart Filer is an information lifecycle management (ILM) solution...

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Parkland Corporation Announces December 2020 Dividend

CALGARY, Alberta, Dec. 11, 2020 (GLOBE NEWSWIRE) — Parkland Corporation (“Parkland”) (TSX:PKI) announces that a dividend of $0.1012 per share will be paid on January 15, 2021 to shareholders of record on December 22, 2020. The dividend will be an ‘eligible dividend’ for Canadian income tax purposes. The ex-dividend date is December 21, 2020.Enhanced Dividend Reinvestment PlanParkland’s enhanced Dividend Reinvestment Plan (“Enhanced DRIP”) allows shareholders to reinvest their cash dividends to purchase additional Parkland shares from treasury at a 5% per share discount to the average of the daily volume weighted average trading prices during the Pricing Period. For further details on the Enhanced DRIP and the Pricing Period, please visit www.parkland.ca/en/investors/dividends.Shareholders who wish to...

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VIVUS Receives Court Approval of Joint Chapter 11 Plan of Reorganization

CAMPBELL, Calif., Dec. 11, 2020 (GLOBE NEWSWIRE) — VIVUS, Inc. (the “Company”), a biopharmaceutical company, today announced that it has received approval from the United States Bankruptcy Court for the District of Delaware (the “Bankruptcy Court”) on its Second Amended Joint Prepackaged Chapter 11 Plan of Reorganization of VIVUS, Inc. and Its Affiliated Debtors [Docket No. 339] (the “Plan”).The Bankruptcy Court approved the disclosure statement and solicitation procedures and confirmed the second amended chapter 11 plan of reorganization, which implements the mediated settlement among the Company, Icahn Enterprises Holdings L.P. (dba IEH Biopharma LLC), and the Equity Committee. VIVUS will emerge from chapter 11 as a wholly-owned subsidiary of Icahn Enterprises L.P.As set forth in a letter filed with the Bankruptcy Court, the Plan...

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Kayne Anderson Closed-End Funds Announce the Board’s Approval of Amended and Restated Bylaws

HOUSTON, Dec. 11, 2020 (GLOBE NEWSWIRE) — KA Fund Advisors, LLC (“Kayne Anderson”), which serves as the adviser to Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE: KYN) and Kayne Anderson NextGen Energy & Infrastructure, Inc. (NYSE: KMF) (each a “Company”) announced today that each Company has adopted Amended and Restated Bylaws (“Bylaws”). Under the new Bylaws, each Company has elected to be subject to the Maryland Control Share Acquisition Act (“MSCAA”). The MSCAA seeks to limit the ability of an acquiring person to achieve a short-term gain at the expense of the Company’s ability to pursue its investment objective and policies and to seek long-term value for the rest of the Company’s stockholders.The MCSAA protects the interests of all stockholders of a Maryland corporation by providing that any holder of “control...

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Destination XL Group, Inc. Looks to Fiscal 2021 for Continued Recovery

CANTON, Mass., Dec. 11, 2020 (GLOBE NEWSWIRE) — Destination XL Group, Inc. (NASDAQ: DXLG), the largest omni-channel specialty retailer of big and tall men’s clothing, continues to believe a path for recovery for fiscal year 2021 is in view given its actions and performance to date from the COVID-19 Pandemic.“Since the start of COVID-19, we have been aggressively positioning our Company to withstand the economic downturn in the apparel sector, to maintain our liquidity, and to serve our customers wherever and whenever he wishes to shop. As we prepare to turn the page on fiscal 2020 and look forward to fiscal 2021, I wanted to share with you, at a high level, our belief in fiscal 2021 of continued recovery. The steps we have taken in 2020 to manage inventory, restructure occupancy costs, and reduce our selling, general and administrative...

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Destination XL Group, Inc. Announces Transition to OTCQX from Nasdaq Capital Market

CANTON, Mass., Dec. 11, 2020 (GLOBE NEWSWIRE) — Destination XL Group, Inc. (NASDAQ: DXLG), the largest omni-channel specialty retailer of big and tall men’s clothing, today announced that it has notified The Nasdaq Stock Market (“Nasdaq”) of its intention to voluntarily delist its common stock from the Nasdaq Capital Market.As previously disclosed, the Company has received notices from Nasdaq regarding noncompliance with its continued listing requirements. In April 2020, the Company was notified that the Company no longer met the requirement to maintain a minimum consolidated closing bid price of $1.00 per share, as set forth in Nasdaq Listing Rule 5450(a)(1). In August, 2020, the Company’s stockholders approved a reverse stock split to be implemented prior to the August 2021 annual stockholders’ meeting. Subsequently, on November...

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