Day: December 24, 2020

Shareholders to receive $7.71 per share in cash in a transaction valued at approximately $195 millionTransaction expected to accelerate technology roadmap and fuel growthATLANTA and NEW YORK, Dec. 24, 2020 (GLOBE NEWSWIRE) — PRGX Global, Inc. (Nasdaq: PRGX), a global leader in recovery audit and spend analytics services, and Ardian, a world-leading private investment house, today announced that they have entered into a definitive agreement for Ardian to acquire PRGX. The transaction is led by Ardian’s North America Direct Buyouts team.Under the terms of the agreement, Ardian will pay PRGX shareholders $7.71 per share in cash for each share of PRGX’s common stock they hold, which represents a 32.7% premium to the PRGX volume-weighted average price for the 90 trading days preceding the public announcement of the transaction with Ardian....

ATHENS, Greece, Dec. 24, 2020 (GLOBE NEWSWIRE) — Diana Shipping Inc. (NYSE: DSX), (the “Company”), a global shipping company specializing in the ownership of dry bulk vessels, today announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with SwissMarine Pte Ltd., Singapore, for one of its Capesize dry bulk vessels, the m/v Semirio. The gross charter rate is US$13,500 per day, minus a 5% commission paid to third parties, for a period until minimum October 5, 2021 up to maximum December 20, 2021. The charter is expected to commence on January 1, 2021. The “Semirio” is a 174,261 dwt Capesize dry bulk vessel built in 2007.This employment is anticipated to generate approximately US$3.7 million of gross revenue for the minimum scheduled period of the time charter.Upon completion of the previously...

CORNING, NY, Dec. 24, 2020 (GLOBE NEWSWIRE) — Corning Incorporated (NYSE: GLW) today announced it has received an $15 million award from the U.S. Department of Defense (DoD), in coordination with Department of Health and Human Services (HHS), for the domestic production of robotic pipette tips used in support of diagnostic testing for COVID-19.This investment will allow Corning Life Sciences to add incremental domestic production capacity. Robotic tips help automate liquid handling and are used in drug discovery and screening, cell culture, and PCR testing applications, most notably in support of COVID-19 diagnostic testing.Ron Verkleeren, senior vice president and general manager, Life Science Technologies, said, “The surge in global demand for COVID-19 testing has revealed an industry-wide shortage of robotic tips and other integral...

Not for distribution to U.S. news wire services or dissemination in the United StatesROUYN-NORANDA, Québec, Dec. 24, 2020 (GLOBE NEWSWIRE) — Chibougamau Independent Mines Inc. (CBG-TSX-V in Canada, CLL1-Frankfurt, Stuttgart and Lang & Schwarz Stock Exchanges in Germany, CMAUF-OTC in the US) is pleased to announce that it has completed its previously-announced private placement by issuing 5,882,352 “flow-through” shares at a price of $0.17 per share for proceeds of approximately $1 million and 357,142 common shares at a price of $0.14 per share for proceeds of approximately $50,000, for total gross proceeds to Chibougamau of approximately $1,050,000. Chibougamau will use the proceeds from the sale of the “flow-through” shares for exploration on its properties in the Chibougamau area of Québec, starting with drilling on the new...

Ne sera pas distribué aux fils de presse américains ni diffusé aux États-UnisROUYN-NORANDA, Québec, 24 déc. 2020 (GLOBE NEWSWIRE) — MINES INDÉPENDANTES CHIBOUGAMAU INC. (CBG‑V – Bourse de Croissance TSX au Canada, CLL1 – Bourses de Francfort, Stuttgart et Lang & Schwarz en Allemagne) est heureuse d’annoncer qu’elle a complété le financement préalablement annoncé d’un placement privé suite à l’émission de 5 882 352  actions “accréditives” à un prix de $0,17 par action pour une somme approximative de $1 million et 357 142 actions ordinaires à un prix de $0,14 par action pour une somme approximative de $50 000, pour une somme totale brute versée à Chibougamau d’approximativement $1 050 000. Chibougamau utilisera ce montant provenant de la vente des actions “accréditives” pour les travaux d’exploration sur ses propriétés dans le...

DALLAS-FORT WORTH, Texas, Dec. 24, 2020 (GLOBE NEWSWIRE) — Monitronics International, Inc. and its subsidiaries (doing business as Brinks Home Security®), (“Brinks Home Security” or the “Company”) (OTC: SCTY) today announced that it has acquired approximately 30,000 residential and small business and 8,000 large commercial alarm monitoring contracts from Select Security (the “seller”) totaling approximately $2.0 million in recurring monthly revenue (“RMR”). Brinks Home Security will take ownership of the alarm monitoring contracts through an earn out structure that includes a $10 million upfront payment and a 50-month earn out period (“Earn Out Period”).Per the terms of the transaction, the seller will transfer title to all accounts to a Special Purpose Vehicle (“SPV”). Title to the Accounts will be transferred from the SPV to Brinks...

Windermere, FL, Dec. 24, 2020 (GLOBE NEWSWIRE) — via NewMediaWire — Palayan Resources, Inc. (the “Company” or “PLYN”) (OTCMarkets: PLYN), a publicly traded, fully reporting emerging growth company, is pleased to provide this update on the gold industry as demand increases during these trying times.During periods of crisis, gold has proven to be a time-honored safe-haven asset. Scarcity and built-in utility have made the yellow metal a sought-after commodity throughout recorded human history. Whether in physical or paper form, gold bullion is the world’s go to financial hedge against uncertainty. The global gold market is likely to be affected by the fluctuating supply of mined gold as the global gold production is a mix of scrap recovery, central bank supply, and mined gold. More than half of the global gold supply comes...

OCALA, Fla., Dec. 24, 2020 (GLOBE NEWSWIRE) — AIM ImmunoTech Inc. (NYSE American: AIM) announced today that the post-COVID-19 “Long Hauler” portion of the active AMP-511 Expanded Access Program (EAP) protocol received approval from the Institutional Review Board (IRB) for a public notification of potential patient enrollment. Eligible patients enrolled in the trial receive treatment with AIM’s flagship pipeline drug Ampligen.AIM announced in October that the myalgic encephalomyelitis/chronic fatigue syndrome (ME/CFS) clinical trial received IRB approval to include patients previously diagnosed with SARS-CoV-2 – which causes the disease COVID-19 – but who now demonstrate post-acute infection chronic fatigue-like symptoms. These patients are commonly referred to as Long Haulers because of the persistence of their post-COVID-19 symptoms.Ampligen...

TORONTO, Dec. 24, 2020 (GLOBE NEWSWIRE) — (TSX: FFI.UN) Flaherty & Crumrine Investment Grade Preferred Income Fund (the “Fund”) has renewed its normal course issuer bid to purchase up to 597,300 units of the Fund representing approximately 10% of the public float of 5,973,636 units. The Fund may purchase up to 119,526 units in any 30 day period which is 2% of the 5,976,320 issued and outstanding units at December 17, 2020.As of December 17, 2020, the Fund had purchased 126,300 units of the 639,100 units under its current bid, as approved by the TSX, at an average price of $11.92 per unit.The units may be purchased for cancellation from December 31, 2020 to December 30, 2021 through the facilities of the TSX or other alternative Canadian trading system and may only be purchased at a price per unit not exceeding the last net...

MONTREAL, Dec. 24, 2020 (GLOBE NEWSWIRE) — Dorel Industries Inc. (TSX: DII.B, DII.A) (“Dorel”) announces that its Board of Directors, acting on the unanimous recommendation of the Special Committee comprised of Dorel’s six independent directors, is postponing to February 16, 2021 the special meeting (the “Special Meeting”) of Dorel shareholders called to vote on a plan of arrangement (the “Arrangement”) in which a buyer group led by an affiliate (the “Purchaser”) of funds managed by Cerberus Capital Management, L.P. will acquire all of Dorel’s issued and outstanding shares, other than shares owned by Martin Schwartz, Alan Schwartz, Jeffrey Schwartz, Jeff Segel and certain members of their respective immediate families, at a price of C$14.50 in cash per share. The Board of Directors has set January 7, 2021 as the new record date...