Month: December 2020

VANCOUVER, British Columbia, Dec. 14, 2020 (GLOBE NEWSWIRE) — WOW Unlimited Media Inc. (“WOW!” or the “Company”) (TSXV: WOW; OTCQX: WOWMF) is pleased to announce that it has closed the second tranche (the “Second Tranche Closing”) of its previously announced non-brokered private placement offering of unsecured subordinated convertible debentures (the “Debentures”) for gross proceeds of $2,061,000. On November 17, 2020 WOW! completed its first tranche ( the “First Tranche Closing”) of Debentures for gross proceeds of $2,639,000, for a total offering size of $4,700,000 (the “Offering”).Pursuant to the Second Tranche Closing, WOW! issued 2,061 Debentures at an issue price of $1,000 per $1,000 principal amount of Debentures.The Debentures were issued pursuant to the terms of a debenture indenture entered into between WOW! and Computershare...

BEIJING, Dec. 14, 2020 (GLOBE NEWSWIRE) — ZW Data Action Technologies Inc.(NASDAQ:CNET) (“ZW Data” or the “Company”), an integrated online advertising, precision marketing and data analytics and other value-added services company, today announced the closing on December 14, 2020 of its previously announced registered direct offering of 4,320,989 shares of common stock and warrants to purchase up to 1,728,396 shares of common stock, at a purchase price of $1.62 per share and corresponding warrant. The warrants have a term of three years and are not be exercisable for the first six months from the date of issuance. The warrants have an exercise price of $2.03.The offering generated aggregate gross proceeds to the Company of approximately $7.0 million, before deducting fees to the placement agent and other estimated...

VANCOUVER, British Columbia, Dec. 14, 2020 (GLOBE NEWSWIRE) — In a release issued earlier today by Prime Mining Corp. (the “Company”) (TSX.V: PRYM) (OTCQB: PRMNF) (Frankfurt: A2PRDW), please note multiple changes have been made throughout including but not limited to the period being identified as “Q2 2021” in the headline, rather than “Q2 2020” as originally issued. The corrected release follows:Prime Mining Reports Operating and Financial Results for Q2 2021Prime Mining Corp. (the “Company”) (TSX.V: PRYM) (OTCQB: PRMNF) (Frankfurt: A2PRDW) is pleased to report its operating and financial results for the second quarter of fiscal year 2021, ended October 31, 2020. Unless otherwise stated, all amounts are presented in Canadian dollars (“C$”).Prime Mining is focused on the development of the Los Reyes Gold-Silver Deposit in Sinaloa...

NEW YORK, Dec. 14, 2020 (GLOBE NEWSWIRE) — Mesoblast Limited (Nasdaq:MESO; ASX:MSB), global leader in allogeneic cellular medicines for inflammatory diseases, today announced top-line results from the landmark DREAM-HF Phase 3 randomized controlled trial of its allogeneic cell therapy rexlemestrocel-L (REVASCOR®) in 537 patients with advanced chronic heart failure1.Over a mean 30 months of follow-up, patients with advanced chronic heart failure who received a single endomyocardial treatment with rexlemestrocel-L on top of maximal therapies had 60% reduction in incidence of heart attacks or strokes and 60% reduction in death from cardiac causes when treated at an earlier stage in the progressive disease process. Despite significant reduction in the pre-specified endpoint of cardiac death, there was no reduction in recurrent non-fatal...

TORONTO, Dec. 14, 2020 (GLOBE NEWSWIRE) — Firm Capital Mortgage Investment Corporation (the “Corporation”) (TSX: FC) announces that its board of directors has declared its monthly cash dividend for December on its outstanding common shares of $0.078 per share. The Corporation also announces an estimated special year-end cash dividend (the “Special Dividend”) on its outstanding common shares of $0.008 per share. These cash dividends, totaling an estimated $0.086 per common share, are payable on January 15, 2021, to holders of common shares of record at the close of business on December 31, 2020.The precise amount of the Special Dividend will be confirmed prior to the payment date. The Special Dividend recognizes that the (estimated) annual income generated in 2020 is expected to exceed the regular monthly dividends paid...

Kyoto, Japan and Santa Clara, CA, Dec. 14, 2020 (GLOBE NEWSWIRE) — ROHM, together with Chinese Tier 1 comprehensive automotive manufacturer United Automotive Electronic Systems Co., Ltd. (UAES), recently held an opening ceremony announcing the establishment of a joint laboratory on SiC technology at UAES headquarters in Shanghai, China.SiC power devices are being increasingly adopted in the fields of electric vehicles, infrastructure, environment / energy, and industrial equipment. This is due, in large part, to the advantages they provide over silicon-based power devices such as IGBTs, including significantly reduced loss during both switching and conduction, along with support for higher temperature operation.Since 2015, UAES and ROHM have been collaborating and carrying out detailed technical exchanges on automotive applications...

DALLAS, Dec. 14, 2020 (GLOBE NEWSWIRE) — Primoris Services Corporation (NASDAQ Global Select: PRIM), (“Primoris” or the “Company”), a leading provider of specialty contracting services in North America, today announced that it has entered into a definitive merger agreement to acquire Future Infrastructure Holdings, LLC (“Future Infrastructure” or “FIH”) from Tower Arch Capital LLC (“Tower Arch”) and other interest holders in an all cash transaction valued at $620 million.Future Infrastructure is a leading provider of non-discretionary maintenance, repair, upgrade and installation services to the telecommunication, regulated gas utility and infrastructure end markets. For the last 12 months ended September 30, 2020, FIH generated total revenue of $342 million, total adjusted earnings before income tax, depreciation and amortization...

DENVER, Dec. 14, 2020 (GLOBE NEWSWIRE) — Vista Gold Corp. (NYSE American and TSX: VGZ) (“Vista” or the “Company”) is pleased to provide initial drill results from the ongoing drilling program at the Company’s 100% owned Mt Todd gold project (“Mt Todd” or the “Project”) located in Northern Territory, Australia.In late October, the Company commenced an eight-hole proof of concepts drilling program to test targets known as the Batman Hanging Wall Lode and the Batman North Extension. The goal of the program is to confirm the existence of higher-grade mineralization with vertical and lateral continuity within and immediately adjacent to the planned Batman pit. The first hole (VB20-001) targeted the Batman Hanging Wall Lode to the east of the main Batman structure. The remaining holes will target the Batman North Extension, where drilling...

Reference is made to the stock exchange notice from Saga Pure ASA (the “Company”) dated 14 December 2020 regarding completion of a private placement of new shares in the Company (the “Private Placement”).Martin Nes, chairman and primary insider, has on 14 December 2020 been allocated 150,000 shares in the Company in the Private Placement at a price of NOK 2.10 per share through his controlled company Hanekamb Invest AS. After the transaction, Martin Nes and associated companies have a holding of 2,000,000 shares in the Company.This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act