Month: December 2020

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR RELEASE, PUBLICATION, DISTRIBUTION OR DISSEMINATION DIRECTLY, OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES.TORONTO, Dec. 09, 2020 (GLOBE NEWSWIRE) — Eloro Resources Ltd. (the “Company” or “Eloro”) (TSX-V: ELO; OTCQX: ELRRF; FSE: P2QM) is pleased to announce that it has entered into an agreement with Haywood Securities Inc. (“Haywood”) to act as lead underwriter and sole bookrunner, on behalf of a syndicate of underwriters including Echelon Wealth Partners Inc. (together with Haywood, the “Underwriters”) pursuant to which the Underwriters have agreed to purchase, on a bought deal basis, 1,936,000 units (the “Units”) at a price of C$1.55 per Unit (the “Issue Price”) for gross proceeds to the Company of C$3,000,800 (the “Offering”).Each Unit will consist of one...

LAS VEGAS, NV, Dec. 09, 2020 (GLOBE NEWSWIRE) — via NewMediaWire — ISW Holdings, Inc. (OTC: ISWH) (“ISW Holdings” or the “Company”), a global brand management holdings company, is pleased to announce that the Company and its largest noteholders have reached an agreement (the “Agreement”) whereby about 50% of the current convertible debt owed by the Company will be exchanged for restricted preferred equity, eliminating a significant portion of the dilution potential from convertible debentures now carried in the Company’s books.Specifically, the Company and its largest noteholder have agreed to exchange convertible debentures (principal and interest) with an aggregate value of $602K for restricted Preferred B equity, thereby reducing total debt and significantly curtailing dilution potential over the coming months and years.“The...

Dr. Arne Materna to join Ares Genetics as new Managing Director and CEO to lead Ares into next phase of its growth Dr. Andreas Posch, while stepping down as Managing Director and CEO to pursue new opportunities, remains on board throughout 2021 as special advisor to facilitate smooth transitionGAITHERSBURG, Md. and VIENNA, Austria, Dec. 09, 2020 (GLOBE NEWSWIRE) — OpGen, Inc. (Nasdaq: OPGN, “OpGen”), announced today a planned transition in the leadership of its wholly owned subsidiary Ares Genetics GmbH (Vienna, Austria; “Ares Genetics”). Dr. Andreas Posch, founding CEO of Ares Genetics, has decided to step down as Managing Director and CEO of Ares Genetics at his own request, effective December 31, 2020. As part of the transition planning following the successful business combination with OpGen, Dr. Achim Plum will also step down...

— EXPAREL average daily sales at 103% of the prior year for the month of November 2020 —PARSIPPANY, N.J., Dec. 09, 2020 (GLOBE NEWSWIRE) — Pacira BioSciences, Inc. (Nasdaq: PCRX), the leading provider of innovative non-opioid pain management options, today reported preliminary unaudited net product sales of EXPAREL® (bupivacaine liposome injectable suspension) and iovera° of $38.1 million and $0.8 million, respectively, for the month of November 2020.“We are pleased to report our sixth consecutive month of year-over-year growth for EXPAREL in the face of ongoing challenges from the COVID-19 pandemic. Sales for the final two days of November were meaningfully below the daily average for the month, which we believe to be attributable to the Thanksgiving holiday. Such anomalies aside, market indicators remain favorable...

TROY, Mich., Dec. 09, 2020 (GLOBE NEWSWIRE) — After a successful 20-year career in the staffing industry – the last 13 years spent with Kelly – Deb Thorpe will be retiring in January 2021 from her role as president of Kelly’s Professional & Industrial (P&I) business unit. A respected industry veteran, Thorpe’s deep operational expertise and positive leadership style earned her a reputation as a problem-solver who rallied teams to achieve results in the face of change. “I’ve worked with Deb for 13 years and have never seen her back down from a professional challenge,” said Kelly President and CEO Peter Quigley. “Her passion for Kelly’s mission and her unshakeable faith in people has been the driving force behind her long and successful career, and we’ve all benefited from her leadership.”Thorpe’s career spanned numerous...

TORONTO, Dec. 09, 2020 (GLOBE NEWSWIRE) — FirstService Corporation (TSX and NASDAQ: FSV) (“FirstService”) announced today that its subsidiary, Century Fire Protection (“Century”), has recently acquired Aegis Fire Protection, LLC (“Aegis”) and Cornet, Inc. (“Cornet”). The leaders of both businesses have retained minority equity interests and will continue to run day-to-day operations. Terms of the transactions were not disclosed.Aegis and Cornet are both full-service fire protection companies specializing in the installation, service and inspection of fire sprinkler, alarm and suppression systems. Founded in 2007 and headquartered in Kansas City, Aegis is a market-leading player in the Kansas City metropolitan area and surrounding regions within the states of Kansas and Missouri. Cornet, established in 2005 and based in Chantilly,...

SOUTH SAN FRANCISCO, Calif., Dec. 09, 2020 (GLOBE NEWSWIRE) — Cytokinetics, Incorporated (Nasdaq: CYTK) today announced the progression of REDWOOD-HCM following the conduct of an interim analysis of data from Cohort 1. REDWOOD-HCM (Randomized Evaluation of Dosing With CK-274 in Obstructive Outflow Disease in HCM) is an ongoing Phase 2 clinical trial of CK-3773274 (CK-274), a next-generation cardiac myosin inhibitor in development for the potential treatment of hypertrophic cardiomyopathy (HCM).The interim analysis of data from Cohort 1 of REDWOOD-HCM showed patients experienced substantial reductions in the average resting left ventricular outflow tract gradient (LVOT-G) as well as the post-Valsalva LVOT-G (defined as resting gradient 30 mmHg or post-Valsalva LVOT-G >50 mmHg), the patient was up-titrated to receive 10 mg (or placebo)...

Not for distribution to United States newswire services or for dissemination in the United StatesTORONTO, Dec. 09, 2020 (GLOBE NEWSWIRE) — Compass Gold Corp. (TSX-V: CVB) (“Compass” or the “Company”) announced today that, as a result of substantial investor demand, it has further increased the size of its initially announced $2.5 million private placement (the “Offering”) (see Compass news releases dated November 30 and December 7, 2020) and will now issue up to 18,500,000 common shares of the Company, at $0.20 per share, for aggregate gross proceeds of up to $3.7 million.The proceeds from this offering will be used to fund exploration, including a 17,000-meter drill program to be completed before the end of Q2, 2021, and for general corporate purposes. Drilling will focus on mineralized trends on the Tarabala and Samagouela targets...

Please read the full announcement in PDFAttachment2020_63_Proposal_of_candidates_to_the_Board_of_Directors

MANITOWOC, Wis., Dec. 09, 2020 (GLOBE NEWSWIRE) — Orion Energy Systems, Inc. (NASDAQ: OESX) (Orion Lighting), is a provider of LED lighting systems and turnkey project implementation, including installation and commissioning of fixtures, controls and IoT capabilities, ongoing system maintenance and program management. Orion today announced it has secured a new contract extension totaling approximately $40 million for the turnkey LED lighting and controls retrofit of 290 additional locations for an existing large national retail customer.Orion currently expects to recognize product and service revenue from the additional locations starting in the fourth quarter of Fiscal 2021 through the third quarter of Fiscal 2022. This estimated timing is subject to uncertainty related to the COVID-19 pandemic and related business and other economic...