Month: December 2020

VANCOUVER, British Columbia, Dec. 11, 2020 (GLOBE NEWSWIRE) — The Keg Royalties Income Fund (the “Fund”) (TSX: KEG.UN) today announced that its December 2020 distribution of $0.05 per unit has been declared and is payable to unitholders of record as at December 21, 2020. The December 2020 distribution will be paid on December 31, 2020.The Fund is a limited purpose, open-ended trust established under the laws of the Province of Ontario that, through The Keg Rights Limited Partnership, a subsidiary of the Fund, owns certain trademarks and other related intellectual property used by Keg Restaurants Ltd. (“KRL”). In exchange for use of those trademarks, KRL pays the Fund a royalty of 4% of gross sales of Keg restaurants included in the royalty pool.Vancouver-based KRL is the leading operator and franchisor of steakhouse restaurants...

Digital Teaching Tools Finland, a startup behind Whiteboard.fi online whiteboard tool for teachers and classrooms, secured a pre-seed investment from top-tier business angels when Janne Jormalainen, President of European Business Angels Network, and Reima Linnanvirta, Chair of the Board of Finnish Business Angels Network, invested in this promising Finnish EdTech company. In addition, the company received a grant from Business Finland. Founded by Sebastian Laxell and Jaakko Virtanen, Whiteboard.fi is an online whiteboard tool for teachers with over 6 million monthly users all over the world, mainly in the US, Saudi Arabia, and India. The user base varies from teachers to educational institutes. Made with the pedagogical approach in mind, Whiteboard.fi is a result of Finnish educational and pedagogical expertise combined with innovation...

DUBLIN, Ireland and KING OF PRUSSIA, Pa., Dec. 10, 2020 (GLOBE NEWSWIRE) — Nabriva Therapeutics plc (NASDAQ: NBRV), a biopharmaceutical company engaged in the commercialization and development of innovative anti-infective agents to treat serious infections, today announced the pricing of its public offering of 6,000,000 ordinary shares (or pre-funded warrants in lieu thereof) at an effective offering price to the public of $2.50 per share (or pre-funded warrant).H.C. Wainwright & Co. is acting as the exclusive placement agent for the offering. Northland Securities, Inc. is acting as financial advisor in connection with the offering.The gross proceeds to Nabriva Therapeutics from the offering, before deducting the placement agent’s fees and other estimated offering expenses payable by Nabriva Therapeutics, are $15 million. The...

EMERYVILLE, Calif., Dec. 10, 2020 (GLOBE NEWSWIRE) — 4D Molecular Therapeutics, Inc. (4DMT), a clinical-stage gene therapy company harnessing the power of directed evolution for targeted gene therapies, announced today the pricing of its initial public offering of 8,400,000 shares of its common stock at a public offering price of $23.00 per share. All of the shares are being offered by 4DMT. The gross proceeds from the offering, before deducting underwriting discounts and commissions and other offering expenses payable by 4DMT, are expected to be $193.2 million. In connection with the offering, 4DMT has granted the underwriters a 30-day option to purchase up to 1,260,000 additional shares of common stock. The shares are expected to begin trading on the Nasdaq Global Select Market on December 11, 2020 under the ticker symbol “FDMT.”...

HIGHLANDS RANCH, Colo., Dec. 10, 2020 (GLOBE NEWSWIRE) — Vivos Therapeutics, Inc. (“Vivos”), a medical technology company that offers novel and proprietary alternatives for treating mild-to-moderate obstructive sleep apnea, today announced the pricing of its initial public offering of 3,500,000 shares of its common stock at a public offering price of $6.00 per share. The shares of common stock are expected to begin trading on the Nasdaq Capital Market under the ticker symbol “VVOS” on Friday, December 11, 2020.The aggregate gross proceeds to Vivos from the public offering are expected to be $21 million prior to deducting underwriting discounts, commissions and other estimated offering expenses. Vivos has granted the underwriters a 45-day option to purchase up to an additional 525,000 shares of common stock to cover over-allotments,...

TORONTO, Dec. 10, 2020 (GLOBE NEWSWIRE) — Kirkland Lake Gold Ltd. (“Kirkland Lake Gold” or the “Company”) (TSX:KL) (NYSE:KL) (ASX:KLA) today announced the Company’s full-year guidance for 20211, including production of 1,300,000 – 1,400,000 ounces, driven by strong growth at Detour Lake Mine, with all-in sustaining costs (“AISC”) per ounce sold2 on track to remain unchanged from 2020 levels. Guidance for 2021 includes increased capital spending largely in support of future production growth at Detour Lake, and a greater commitment to exploration to follow up on recent drilling success at all three of the Company’s cornerstone assets. All dollar amounts are expressed in U.S. dollars unless otherwise noted.The Company also announced today three-year production guidance which demonstrates the sustainability of solid operating performance...

TORONTO, Dec. 10, 2020 (GLOBE NEWSWIRE) — Constellation Software Inc. (“Constellation”) (TSX: CSU) today announced that its wholly-owned division Volaris Group (“Volaris”) has entered into an agreement to acquire SSP Limited, a global supplier of technology systems and software for the insurance industry. Completion of the acquisition remains subject to mutually agreed closing conditions, including regulatory approval.About Volaris GroupVolaris acquires, strengthens and grows vertical market technology companies. As an Operating Group of Constellation, Volaris is all about strengthening businesses within the markets they compete and enabling them to grow – whether that growth comes through organic measures such as new initiatives and product development, day-to-day business, or through complementary acquisitions.Learn more at www.volarisgroup.com.About...

BANNOCKBURN, Ill., Dec. 10, 2020 (GLOBE NEWSWIRE) — Option Care Health, Inc. (“Option Care Health” or the “Company”) (NASDAQ: OPCH) announced today that an affiliate of Madison Dearborn Partners (the “Selling Stockholder”) has agreed to sell 10,000,000 shares of the Company’s common stock at a price to the public of $15.00 per share in an underwritten public offering. The Selling Stockholder has also granted the underwriter a 30-day option to purchase up to 1,500,000 additional shares of common stock. The offering is expected to close on December 14, 2020, subject to customary closing conditions. The Company will not receive any proceeds from the offering.Assuming exercise of the underwriter’s option to purchase additional shares, this sale of shares represents approximately 6.2% of the current shares outstanding. Upon completion...

TORONTO, Dec. 10, 2020 (GLOBE NEWSWIRE) — Patriot One Technologies Inc. (TSX: PAT) (OTCQX: PTOTF) (FRANKFURT: 0PL) (“Patriot One” or the “Company”), developer of the PATSCAN™ Multi-Sensor Threat Detection Platform, is pleased to announce the appointment of the Company’s new Chief Executive Officer (“CEO”) Peter Evans to its Board of Directors, effective immediately following the quarterly board and committee meetings on Thursday, December 10, 2020. The Company has also released its first quarter interim financial results for the three month period ended October 31, 2020. All information is in Canadian dollars unless otherwise indicated.The following press release should be read in conjunction with the Company’s Condensed Consolidated Interim Financial Statements, prepared in accordance with International Financial Reporting Standards...

MILLERSBURG, Pa., Dec. 10, 2020 (GLOBE NEWSWIRE) — Mid Penn Bank (the “Bank”), a subsidiary of Mid Penn Bancorp, Inc. (NASDAQ: MPB), is pleased to announce that First Vice President and Director of SBA/Guaranteed Lending Natalie Falatek has been named the 2020 PPP Lender of the Year by the Coleman Report.The Coleman Report is the leading provider of critical analytical information to small business lending professionals around the country. Ms. Falatek was selected by a panel of Coleman employees from lenders across the country in recognition of her “great dedication and commitment to American small businesses during these difficult times.”“We are proud of Natalie for earning this prestigious award,” said Mid Penn Bank President and CEO Rory G. Ritrievi. “Her expertise and SBA savvy allowed us to immediately help owner-managed businesses...