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Day: December 21, 2020

Molecular Templates, Inc. Provides Update on MT-5111 Phase 1 Study

Phase 1 Study Dose Escalation Ongoing in All HER2 Positive Tumor TypesHER2 Positive Breast Cancer Expansion Cohort Planned to be Initiated in 1H21Expansion Cohorts in Additional Tumors Types to Begin When MTD or Recommended Phase 2 Dose is ReachedAUSTIN, Texas, Dec. 21, 2020 (GLOBE NEWSWIRE) — Molecular Templates, Inc. (Nasdaq: MTEM, “Molecular Templates,” “MTEM” or “the Company”), a clinical-stage biopharmaceutical company focused on the discovery and development of proprietary targeted biologic therapeutics, engineered toxin bodies (ETBs), today provided an update on the Phase 1 study for MT5111, MTEM’s HER2 targeted ETB.To date, 16 study subjects have been treated in the dose escalation portion of this study. Five cohorts (0.5, 1.0, 2.0, 3.0, and 4.5 μg/kg/week) have been successfully completed and the sixth cohort (6.75 μg/kg)...

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Brookfield Asset Management Announces Results of Conversion of its Series 44 Preferred Shares

BROOKFIELD, NEWS, Dec. 21, 2020 (GLOBE NEWSWIRE) — Brookfield Asset Management Inc. (TSX: BAM.A, NYSE: BAM) today announced that after having taken into account all election notices received by the December 16, 2020 deadline for the conversion of its Cumulative Class A Preference Shares, Series 44 (the “Series 44 Shares”) (TSX: BAM.PF.H) into Cumulative Class A Preference Shares, Series 45 (the “Series 45 Shares”), there were 26,739 Series 44 Shares tendered for conversion, which is less than the one million shares required to give effect to conversions into Series 45 Shares. Accordingly, there will be no conversion of Series 44 Shares into Series 45 Shares, and holders of Series 44 Shares will retain their Series 44 Shares.Brookfield Asset Management Inc. is a leading global alternative asset manager with approximately US$575 billion...

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nCino’s Japanese Subsidiary, nCino K.K., Attracts New Investors and Names General Manager

Mitsubishi UFJ Capital Co., Ltd. and SMBC Venture Capital Co., Ltd. acquire equity interests in the companyItsuki Nomura appointed general manager of nCino K.K.TOKYO and WILMINGTON, N.C., Dec. 21, 2020 (GLOBE NEWSWIRE) — nCino, Inc. (NASDAQ: NCNO), a pioneer in cloud banking and digital transformation solutions for the global financial services industry, today announced that Mitsubishi UFJ Capital Co., Ltd., the venture capital arm of the Mitsubishi UFJ Financial Group, and SMBC Venture Capital Co., Ltd., an affiliate of Sumitomo Mitsui Banking Corporation, have acquired an equity stake in nCino K.K., nCino’s subsidiary in Tokyo. Additionally, Itsuki Nomura, formerly of Dell Technologies, has been named general manager of nCino’s Tokyo office.nCino partnered with Japan Cloud in 2019 to establish nCino K.K., after previously opening...

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Telos Corporation to Participate in 23rd Annual Needham Virtual Growth Conference

ASHBURN, Va., Dec. 21, 2020 (GLOBE NEWSWIRE) — Telos® Corporation (Nasdaq: TLS), a leading provider of cyber, cloud and enterprise security solutions for the world’s most security-conscious organizations, today announced that John B. Wood, CEO and Michele Nakazawa, CFO will present and host one-on-one investor meetings at the 23rd Annual Needham Virtual Growth Conference on January 14, 2021.Event Details:23rd Annual Needham Virtual Growth ConferenceDate: Thursday, January 14, 2021Presentation Time: 2:00pm E.T.To register for the conference and to schedule a meeting with Telos, contact your representative at Needham & Company. The presentation will be available via live audio webcast and archived for replay on Telos’ investor relations website at https://investors.telos.com/news-and-events/events.About Telos CorporationTelos...

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VVC Exploration – Acquires 10% Minority Interest in Plateau Helium Corporation

TORONTO, Dec. 21, 2020 (GLOBE NEWSWIRE) — VVC Exploration Corporation (“VVC” or the “Company“) (TSX-V:VVC) announces that the Company has received conditional approval from the TSX Venture Exchange (“TSXV”) regarding a Share Purchase Agreement (“SPA”) with Plateau Helium Corporation (“PHC”) and the shareholders of PHC announced on November 9, 2020. PHC is a Wyoming Corporation focused on helium exploration and development, primarily in the western US. Pursuant to the SPA, VVC has acquired a 10% minority interest in PHC (the “Minority Interest”) for US$100,000. The SPA also gives VVC the right to buy the remaining 90% interest in PHC (the “Majority Interest”) from the shareholders of PHC for twenty-one million shares of VVC (the “VVC Shares”), subject to a voluntary escrow and a number of conditions. The acquisition...

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Apollo Tactical Income Fund Inc. Declares Special Year-End Distribution of $0.102 Per Share

NEW YORK, Dec. 21, 2020 (GLOBE NEWSWIRE) — (NYSE: AIF) – Apollo Tactical Income Fund Inc. (the “Fund”) today announced the declaration of a special year-end distribution of $0.102 per common share, payable on the date noted below.The following dates apply to the declared distribution:Ex-Date: December 30, 2020Record Date: December 31, 2020Payment Date: January 14, 2021Per Share Amount: $0.102As required under the Investment Company Act of 1940, a notice with the estimated components of the distribution will be sent to shareholders at the time of payment if the distribution does not consist solely of net investment income. At present, it is estimated that the Fund’s special year-end distribution will be paid entirely from net investment income.Neither this announcement nor any notice accompanying the distribution should be...

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Apollo Senior Floating Rate Fund Inc. Declares Special Year-End Distribution of $0.099 Per Share

NEW YORK, Dec. 21, 2020 (GLOBE NEWSWIRE) — (NYSE: AFT) – Apollo Senior Floating Rate Fund Inc. (the “Fund”) today announced the declaration of a special year-end distribution of $0.099 per common share, payable on the date noted below.The following dates apply to the declared distribution:Ex-Date: December 30, 2020Record Date: December 31, 2020Payment Date: January 14, 2021Per Share Amount: $0.099As required under the Investment Company Act of 1940, a notice with the estimated components of the distribution will be sent to shareholders at the time of payment if the distribution does not consist solely of net investment income. At present, it is estimated that the Fund’s special year-end distribution will be paid entirely from net investment income.Neither this announcement nor any notice accompanying the distribution should...

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Stelmine completes a strategic private placement of $600,050 with a lead order from Palisades Goldcorp Ltd.

QUEBEC CITY, Dec. 21, 2020 (GLOBE NEWSWIRE) — Stelmine Canada Ltd. (“Stelmine”) (TSX-V: STH) announces today that it has completed a non-brokered private placement (the “Placement”) with a lead order from Palisades Goldcorp Ltd. A total of 8,572,142 common shares of the Company (“Shares”) were issued in this Placement, for total proceeds of $600,050.The $600 050 Placement consisted of the issuance of:8,572,142 units (the “Units”) at a price of $0.07 per unit, for gross proceeds of $600,050. Each Unit is composed of one (1) common share of Stelmine (“Share”) and one (1) warrant, each warrant entitling its holder to subscribe to one (1) Share at a price of $0.12 per Share during a 36-month period.All securities issued in connection with this Placement are subject to a hold period of four months and one day. The Placement is subject...

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Stelmine complète un placement stratégique privé de 600 050 $ avec comme principal partenaire Palisades Goldcorp Ltd.

QUÉBEC, 21 déc. 2020 (GLOBE NEWSWIRE) — Stelmine Canada Ltée, (« Stelmine ») (TSX-V : STH) annonce qu’elle a complété un placement privé, sans intermédiaire avec comme principal investisseur Palisades Goldcorp Ltd. Un total de 8 572 142 actions de la Société (« actions ») ont été émises dans le cadre du placement, pour un montant total de 600 050 $.Ce placement totalisant 600 050 $ a consisté en l’émission de :8 572 142 unités (les « unités ») à un prix de 0,07 $ par unité, pour un placement de 600 050 $. Chaque unité est composée d’une (1) action et d’un bon de souscription, chaque bon de souscription permettant à son détenteur de souscrire à une (1) action à un prix de 0,12 $ l’action durant une période de 36 mois.Tous les titres émis dans le cadre du placement sont sujets à une période de rétention de quatre mois...

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SMG Industries, Inc. Appoints Jeffrey Martini as Chief Executive Officer

HOUSTON, TX, Dec. 21, 2020 (GLOBE NEWSWIRE) — via NewMediaWire — SMG Industries, Inc. (the “Company”) (OTCQB:SMGI), a growth-oriented transportation services business operating in the Southwest United States, today reported that Mr. Jeffrey Martini has agreed to join effective immediately in the role of Chief Executive Officer.  Further, it reported that Mr. Matthew Flemming, former Chief Executive Officer, is assuming the role of Chief Business Development Officer.Mr. Martini is an accomplished executive, having served as a senior operations and finance leader in several different businesses over the last 20 years.  He has been a part of larger, publicly held organizations, as well as middle-market and startup companies.  He began his career in the pulp and paper industry in a series of cost accounting and financial reporting...

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