Day: December 18, 2020

SAN FRANCISCO, Dec. 18, 2020 (GLOBE NEWSWIRE) — FibroGen, Inc. (Nasdaq: FGEN) today announced that the U.S. Food and Drug Administration (FDA) has extended the review period of the New Drug Application (NDA) for roxadustat for the treatment of anemia of chronic kidney disease (CKD) by three months. The updated Prescription Drug User Fee Act (PDUFA) action date is March 20, 2021.The FDA is close to finalizing its review of the NDA and FibroGen is submitting additional analyses of existing roxadustat clinical data, which require an extension of the original PDUFA date.“FibroGen is working closely with the FDA, in collaboration with our partner, AstraZeneca, to support the final review of the new drug application for roxadustat,” said Enrique Conterno, Chief Executive Officer, FibroGen. “There is significant unmet medical need for...

New York, NY, Dec. 18, 2020 (GLOBE NEWSWIRE) — 10X Capital Venture Acquisition Corp (Nasdaq: VCVCU) (the “Company”) today announced the closing of the issuance of an additional 2,625,000 units pursuant to the exercise of the underwriters’ over-allotment option in full in connection with the Company’s initial public offering. The additional units were sold at the initial offering price of $10.00 per unit, generating additional gross proceeds of $26,250,000 to the Company and bringing the total gross proceeds of the initial public offering to $201,250,000.10X Capital Venture Acquisition Corp is a blank-check company formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. The Company intends to focus on identifying...

VANCOUVER, British Columbia, Dec. 18, 2020 (GLOBE NEWSWIRE) — Far Resources Ltd (CSE:FAT) (FSE:FOR) (OTC:FRRSF) is pleased to announce that it has closed a non-brokered private placement of $250,000.00 for 5,000,000 units at a price of $0.05 per unit (the “Units”) in accordance with the price protection filed with the Canadian Securities Exchange on November 9th, 2020. Each Unit consists of one common share (“Shares”) and a one two-year share purchase warrant, warrant A (the “Warrant”). Warrant A entitles the holder to purchase one additional common share, exercisable at a price of $0.10 per share for the first twenty four months from the date of issuance. All securities issued under the private placement are subject to a mandatory hold period of 4 months plus one day following the closing of...

MIAMI, Dec. 18, 2020 (GLOBE NEWSWIRE) — Motorsport Gaming US LLC (“Motorsport Games”), a leading racing game developer, publisher and esports ecosystem provider of official motorsport racing series throughout the world, announced today that it has filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission (“SEC”) relating to a proposed initial public offering of its Class A common stock. The number of shares to be offered and the price range for the proposed offering have not yet been determined. The offering is subject to market conditions, and there can be no assurance as to whether, or when, the offering may be completed or as to the actual size or terms of the proposed offering. Motorsport Games has applied to list its Class A common stock on the Nasdaq Capital Market under the symbol “MSGM.”Canaccord...

TORONTO, Dec. 18, 2020 (GLOBE NEWSWIRE) — Revival Gold Inc. (TSXV: RVG, OTCQB: RVLGF) (“Revival Gold” or the “Company”), a growth‐focused gold exploration and development company, announces the SEDAR filing of an independent technical report (the “Report”) prepared in accordance with National Instrument 43-101 – Standards of Disclosure for Mineral Projects (“NI 43-101”) supporting the results of a Preliminary Economic Assessment (“PEA”) on the Company’s Beartrack-Arnett (“Beartrack-Arnett”) phase one heap leach gold project located in Idaho, USA. The results of the PEA were reported in the Company’s news release dated November 17th, 2020 and there are no material differences in the Report from those results. The effective date of the report is November 17th, 2020.Beartrack-Arnett Phase One Heap Leach Gold Project – PEA Highlights*Production...

BROOKFIELD, NEWS, Dec. 18, 2020 (GLOBE NEWSWIRE) — Brookfield Infrastructure (NYSE: BIP; TSX: BIP.UN) today announced that after having taken into account all election notices received by the December 16, 2020 deadline for the reclassification of its Cumulative Class A Preferred Limited Partnership Units, Series 3 (the “Series 3 Units”) (TSX: BIP.PR.B) into Cumulative Class A Preferred Limited Partnership Units, Series 4 (the “Series 4 Units”), it has determined that there will be no reclassification of Series 3 Units into Series 4 Units, and holders of Series 3 Units will retain their Series 3 Units.There were 600 Series 3 Units tendered for reclassification, which is less than the 1,000,000 units required to give effect to reclassifications of Series 3 Units into Series 4 Units.Brookfield Infrastructure is a leading global infrastructure...

WEST PALM BEACH, Fla., Dec. 18, 2020 (GLOBE NEWSWIRE) — Fifth Street Asset Management (OTCPK:FSAM) (“FSAM” or the “Company”) today announced that on December 17, 2020 its Board of Directors declared a distribution of $0.145 per share payable on December 29, 2020.NASD UPC (Uniform Practice Code) rule 11140 provides that, in respect to dividends or distributions that are 25 percent or greater of the value of the subject security, the ex-dividend date shall be the first business day following the payable date. Accordingly, an FSAM investor that sells shares of FSAM common stock prior to the payment date of December 29, 2020 will not receive the distribution for the FSAM shares that are sold.FSAM expects to distribute less than $0.02 per share in the first half of 2021 as a final liquidating distribution.FSAM is conducting a final liquidating...

VANCOUVER, British Columbia, Dec. 18, 2020 (GLOBE NEWSWIRE) — Clean Power Capital Corp. (CSE: MOVE)(FWB: 2K6)(OTC: MOTNF) (“Clean Power” or the “Company” or “MOVE”). Further to the Company’s previous announcement on December 3, 2020 regarding the launch of a review and development of its capital markets strategy in the U.S., Clean Power is pleased to announce that it has appointed Canaccord Genuity Corp. (“Canaccord”) as financial advisor. Canaccord, a global investment bank with a strong clean technology practice in the U.S., has been engaged by the Company on a broad mandate to advise Clean Power on M&A opportunities and capital raise solutions.Canaccord, a leading independent, full-service financial services firm with a global capital markets practice, earned firm-wide revenue of $1.2 billion in fiscal 2020,...

OTTAWA, Dec. 18, 2020 (GLOBE NEWSWIRE) — HEXO Corp (“HEXO”, or the “Company”) (TSX: HEXO; NYSE:HEXO) announces that, following shareholder approval of the previously announced consolidation of its issued and outstanding common shares (the “Shares”) on the basis of four (4) old Shares for one (1) new Share (the “Consolidation”) at its annual and special meeting of shareholders held on December 11, 2020, it has filed articles of amendment implementing the Consolidation.Notice of the Consolidation has been provided to the Toronto Stock Exchange (“TSX”) and the New York Stock Exchange (“NYSE”). The Shares will continue to be listed on the TSX and the NYSE under the symbol “HEXO”, and the Shares are expected to begin trading on a post-Consolidation basis on the TSX and NYSE on or about December 23, 2020. Following the Consolidation,...

OTTAWA, 18 déc. 2020 (GLOBE NEWSWIRE) — HEXO Corp (« HEXO » ou la « Société ») (TSX: HEXO; NYSE: HEXO) annonce qu’à la suite de l’approbation par les actionnaires, lors de l’assemblée annuelle et extraordinaire des actionnaires du 11 décembre 2020, du regroupement déjà annoncé de ses actions ordinaires émises et en circulation (les « actions »), à raison de quatre anciennes actions pour une nouvelle action (le « regroupement »), la Société a déposé des statuts de modification pour effectuer le regroupement.Un avis de regroupement a été envoyé à la Bourse de Toronto (« TSX ») et à la Bourse de New York (« NYSE »). Les actions continueront d’être inscrites à la TSX et à la NYSE sous le symbole « HEXO », et leur négociation postérieure au regroupement à la TSX et à la NYSE devrait commencer vers le 23 décembre 2020. Après le regroupement,...