Skip to main content

Day: December 17, 2020

SouthGobi Resources announces first quarter 2020 financial and operating results

HONG KONG, Dec. 17, 2020 (GLOBE NEWSWIRE) — SouthGobi Resources Ltd. (Toronto Stock Exchange (“TSX”): SGQ, Hong Kong Stock Exchange (“HKEX”): 1878) (the “Company” or “SouthGobi”) today announces its financial and operating results for the three months ended March 31, 2020. All figures are in U.S. dollars (“USD”) unless otherwise stated.Significant Events and HighlightsThe Company’s significant events and highlights for the three months ended March 31, 2020 and the subsequent period to December 17, 2020 are as follows:Operating Results – The Company’s sales volume decreased from 1.1 million tonnes for the first quarter of 2019 to 0.2 million tonnes for the first quarter of 2020. The decrease in sales volume was mainly attributable to the Company suspending coal exports to China beginning as of February 11, 2020 as a result...

Continue reading

United Development Funding IV Recommends Shareholders Reject Hedge Fund NexPoint’s Hostile Tender Offer

GRAPEVINE, Texas, Dec. 17, 2020 (GLOBE NEWSWIRE) — United Development Funding IV (“UDF IV” or the “Trust”) announced that it recommends Trust shareholders reject the unsolicited tender offer made by hedge fund NexPoint Strategic Opportunities Fund (the “Offeror”) to purchase all Trust common shares (the “Shares”) for $1.10 per share (the “Tender Offer”).The Trust’s Board of Trustees (the “Board”) has reviewed the terms and conditions of the Tender Offer, considered other information relating to the Trust’s portfolio of assets, current financial condition and future opportunities and evaluated various other factors it deemed relevant, such as its knowledge of the Offeror and its affiliates, including James Dondero, NexPoint Advisors and Highland Capital Management, L.P. (collectively, “NexPoint/Dondero”).The Trust recommends shareholders...

Continue reading

22nd Century Group Achieves Breakthrough Hemp/Cannabis GMO Technology; Granted New Patent for Controlling Genes Responsible for Production of CBD, THC, and Other Valuable Cannabinoids

WILLIAMSVILLE, N.Y., Dec. 17, 2020 (GLOBE NEWSWIRE) — 22nd Century Group, Inc. (NYSE American: XXII), a leading plant-based, biotechnology company focused on tobacco harm reduction, very low nicotine content tobacco, and hemp/cannabis research, announced today that it was granted a new U.S. patent related to the control of cannabinoid and terpene production in plants. This new intellectual property exclusively provides 22nd Century with unique and powerful tools to alter the cannabinoid biosynthesis pathway in hemp/cannabis plants.“We are delighted to receive this patent, which is the result of work carried out by our own scientists. This important, new technology will allow us to genetically modify hemp/cannabis plants to modulate their cannabinoid and terpene profiles in order to tailor these plants’ therapeutic qualities...

Continue reading

Tiziana Life Sciences PLC (“Tiziana” or “the Company”) – Notification of proposed admission to the Main Market and cancellation of trading on AIM

LONDON and NEW YORK, Dec. 17, 2020 (GLOBE NEWSWIRE) — Tiziana Life Sciences plc (Nasdaq: TLSA / AIM: TILS) (“Tiziana” or the “Company“), a biotechnology company focused on innovative therapeutics for oncology, inflammation and infectious diseases, today announces it has applied to list its ordinary shares (“Ordinary Shares”) on the standard listing segment of the Official List of the Financial Conduct Authority (“FCA”) (the “Official List”) and admission to trading on the London Stock Exchange plc’s (the “London Stock Exchange”) main market (“Main Market”) for listed securities (together, “Admission”). The Board has taken this decision as it believes that a standard listing will afford Tiziana greater flexibility in pursuing its strategy as...

Continue reading

TrueCar Shares Best End-of-Year Cash, Lease and Finance Deals on New Vehicles for December 2020

SANTA MONICA, Calif., Dec. 17, 2020 (GLOBE NEWSWIRE) — TrueCar, Inc. (NASDAQ: TRUE), the most efficient and transparent online destination to find a car, today announced its list of the best end-of-year deals on new and used vehicle purchases and trade-in values for December 2020.“December has typically been the best month to buy when it comes to getting a discount off the sticker price, and the last day of the year has been the best day,” said Nick Woolard, Director of OEM Analytics at TrueCar. “While this year has been anything but typical, we anticipate these savings trends will continue for 2020, and project average savings of over 10% off MSRP on new cars for December and close to 11% on December 31st.”“Consumers with the most flexibility in terms of the vehicle model, color and options will have the best opportunity to score...

Continue reading

Employer health centers are reinventing themselves, seeking permanent expansion of virtual care added during pandemic

More than half of employers kept centers open, while nearly 80% added or increased the use of virtual care, Willis Towers Watson survey findsARLINGTON, Va., Dec. 17, 2020 (GLOBE NEWSWIRE) — The vast majority of employers with onsite or near-site health centers either added or increased virtual care services in place of in-person visits during the pandemic, according to a survey by Willis Towers Watson (NASDAQ: WLTW), a leading global advisory, broking and solutions company. Additionally, over half of centers that expanded their virtual care services plan to make those changes permanent.More than half (52%) of respondents have kept their onsite or near-site health centers open to in-person visits during the pandemic. The employers that closed centers have either reopened at least one center (27%), kept them closed temporarily (19%)...

Continue reading

Fatburger and Buffalo’s Express Adds New Location in Corona

All-American burger and wings brand grows its presence in Riverside County amid thriving fanbaseLOS ANGELES, Dec. 17, 2020 (GLOBE NEWSWIRE) — FAT (Fresh. Authentic. Tasty.) Brands Inc., parent company of Fatburger, Buffalo’s Express, and seven other restaurant concepts, announces the opening of a new co-branded Fatburger and Buffalo’s Express in Corona, CA.“We have established a loyal fanbase in the Riverside County community and we know that people are craving comfort food more so than ever,” said Andy Wiederhorn, CEO of FAT Brands. “We are excited to offer another location to act as a convenient solution for our customers when it comes to getting their hands on their favorite Fatburger, fries, and buffalo wings.”Ever since the first Fatburger opened in Los Angeles over 70 years ago, the chain has been known for its delicious,...

Continue reading

SCYNEXIS Announces Pricing of $85 Million Public Offering of Common Stock, Pre-Funded Warrants and Warrants

JERSEY CITY, N.J., Dec. 17, 2020 (GLOBE NEWSWIRE) — SCYNEXIS, Inc. (Nasdaq:SCYX) today announced the pricing of its underwritten public offering of common stock, pre-funded warrants and warrants. The shares and warrants are being sold at a public offering price of $6.25 per share and accompanying warrants, and the pre-funded warrants are being sold at a public offering price of $6.249 per pre-funded warrant and accompanying warrants. The gross offering proceeds to SCYNEXIS from this offering are expected to be approximately $85.0 million, before deducting the underwriting discount and other estimated offering expenses, and excluding the exercise of any pre-funded warrants or warrants. All of the shares of common stock, pre-funded warrants and warrants are being offered by SCYNEXIS.At closing, SCYNEXIS will issue 8,390,000 shares...

Continue reading

Capital Southwest Supports IntelliSite’s Acquisition of Broad Sky Networks

DALLAS, Dec. 17, 2020 (GLOBE NEWSWIRE) — Capital Southwest Corporation (“Capital Southwest”) (Nasdaq:CSWC), an internally managed business development company focused on providing flexible financing solutions to support the acquisition and growth of middle market businesses, announced today that it recently supported the acquisition of Broad Sky Networks, Inc. (“Broad Sky”) by IntelliSite Corporation (“IntelliSite”), a portfolio company of DFW Capital Partners (“DFW”). Concurrent with the acquisition, IntelliSite created a new international, technology-focused, holding company EPIC IO Technology (“EPIC IO”) comprised of Broad Sky and IntelliSite as independent subsidiaries. CSWC supported the transaction with a first lien financing in Broad Sky and an equity co-investment in EPIC IO. Capital Southwest led the financing transaction...

Continue reading

Disclaimer & Cookie Notice

Welcome to GOLDEA services for Professionals

Before you continue, please confirm the following:

Professional advisers only

I am a professional adviser and would like to visit the GOLDEA CAPITAL for Professionals website.

Important Notice for Investors:

The services and products offered by Goldalea Capital Ltd. are intended exclusively for professional market participants as defined by applicable laws and regulations. This typically includes institutional investors, qualified investors, and high-net-worth individuals who have sufficient knowledge, experience, resources, and independence to assess the risks of trading on their own.

No Investment Advice:

The information, analyses, and market data provided are for general information purposes only and do not constitute individual investment advice. They should not be construed as a basis for investment decisions and do not take into account the specific investment objectives, financial situation, or individual needs of any recipient.

High Risks:

Trading in financial instruments is associated with significant risks and may result in the complete loss of the invested capital. Goldalea Capital Ltd. accepts no liability for losses incurred as a result of the use of the information provided or the execution of transactions.

Sole Responsibility:

The decision to invest or not to invest is solely the responsibility of the investor. Investors should obtain comprehensive information about the risks involved before making any investment decision and, if necessary, seek independent advice.

No Guarantees:

Goldalea Capital Ltd. makes no warranties or representations as to the accuracy, completeness, or timeliness of the information provided. Markets are subject to constant change, and past performance is not a reliable indicator of future results.

Regional Restrictions:

The services offered by Goldalea Capital Ltd. may not be available to all persons or in all countries. It is the responsibility of the investor to ensure that they are authorized to use the services offered.

Please note: This disclaimer is for general information purposes only and does not replace individual legal or tax advice.