Month: December 2020

Litigation funding secured through Delta Capital Partners Management LLC, US-based global private equity and advisory firm specializing in litigation and legal finance (the “Litigation Funder”)Funding will be utilized to support Winshear Gold’s legal proceedings against the Government of TanzaniaWinshear Gold is seeking compensation for the illegal expropriation of the SMP Gold Project and loss of the assetVANCOUVER, British Columbia, Dec. 07, 2020 (GLOBE NEWSWIRE) — Winshear Gold Corp. (TSX-V: WINS) (“Winshear“ or the “Company”) provides the following update on arbitration activities related to the expropriation of the SMP Gold Project (the “Project”) by the Government of Tanzania.Winshear is pleased to advise that it has completed a Litigation Funding Agreement (the “Agreement”) with an affiliate...

Memphis, TN, Dec. 07, 2020 (GLOBE NEWSWIRE) — Live Oak Acquisition Corp. II (the “Company”), a blank check company formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses, announced today that it closed its upsized initial public offering of 25,300,000 units at $10.00 per unit, including 3,300,000 units issued pursuant to the exercise by the underwriter of its over-allotment option. While the Company may pursue an initial business combination target in any business or industry, it intends to focus its search on companies it believes have significant growth prospects with the potential to generate attractive returns for its stockholders.  The Company is led by Chief Executive Officer, Richard J. Hendrix, Chief...

SAN JOSE, Calif., Dec. 07, 2020 (GLOBE NEWSWIRE) — As part of its move to consolidate oversight of key functional areas, California Water Service Group (Group) (NYSE: CWT) today promoted Michelle R. Mortensen to Vice President, Corporate Secretary, effective January 1, 2021. In her expanded role, Mortensen will be responsible for internal audit, stock administration, and assisting the Board of Directors with governance.Mortensen, who has served as Corporate Secretary since January 2015, assists with employee benefit plan funding and investments; corporate policies, corporate resolutions, and governing documents; stockholder plan activities; and other corporate and board functions. With the company since 2008, she has also served as Assistant Corporate Secretary, Treasury Manager, Assistant to the Chief Financial Officer, and Regulatory...

SAN JOSE, Calif., Dec. 07, 2020 (GLOBE NEWSWIRE) — California Water Service Group (Group) (NYSE: CWT) today announced the promotion of Michael S. Mares, Jr. from Vice President, California Operations to Vice President, Operations. Effective January 1, 2021, Mares will oversee field operations for California Water Service (Cal Water), Hawaii Water Service (Hawaii Water), New Mexico Water Service, and Washington Water Service.Mares has risen through the ranks, starting as a temporary Operation Maintenance Worker in 1992 before moving into other positions with increasing responsibilities. Mares also served as Local Manager of Hawaii Water’s Big Island, Hawaii Water General Manager, and Cal Water’s Bakersfield District Manager before transitioning into his current role as Vice President, California Operations in January 2019.“Having...

SAN JOSE, Calif., Dec. 07, 2020 (GLOBE NEWSWIRE) — Signaling the company’s increasing emphasis on corporate social responsibility, sustainability, and customer experience, California Water Service Group (Group) (NYSE: CWT) today announced the promotion of Shannon C. Dean to Vice President, Customer Service and Chief Citizenship Officer, effective January 1, 2021. In this role, Dean will oversee the utility’s water resource sustainability, conservation, government relations, community affairs, corporate communications, and customer service functions, and will help lead the Company’s Environmental, Social, and Governance (ESG) efforts.Dean has been serving as Vice President, Corporate Communications and Community Affairs since January 2015. She previously served as Director of Corporate Communications for Group subsidiary California...

SAN JOSE, Calif., Dec. 07, 2020 (GLOBE NEWSWIRE) — California Water Service Group (Group) (NYSE: CWT) today announced the promotion of Michael B. Luu to Vice President, Information Technology and Chief Risk Officer, effective January 1, 2021. In this role, Luu will oversee the information technology, cyber security, safety, security, and emergency preparedness functions within Group and its subsidiaries.Luu currently serves as Vice President, Customer Service and Chief Information Officer, a position he has held since January 2017. Prior to his current position, Luu held various roles within the company, including Vice President, Customer Service and Information Technology; Acting District Manager of subsidiary California Water Service’s Los Altos District; Director of Information Technology; and CIS Development Manager. He has...

SHENZHEN, China, Dec. 07, 2020 (GLOBE NEWSWIRE) — Meten EdtechX Education Group Ltd. (Nasdaq: METX) (“Meten EdtechX” or the “Company”), a leading omnichannel English language training (“ELT”) service provider in China, today announced the filing of a Tender Offer and Prospectus Supplements (the “Offer”) with the U.S. Securities and Exchange Commission (the “SEC”) pursuant to which the exercise price of each tendered warrant of the Company (the “Warrant”) is being reduced to $1.40 per share.To participate in the Offer and exercise Warrants at the reduced exercise price, holders will be required to tender such Warrants prior to 11:59 p.m. (Eastern Time) on January 5, 2021, as the same may be extended by the Company in its sole discretion (the “Expiration Date”).There is a sixty-five percent (65%) minimum participation requirement...

– Treatment with Mitapivat Induced Hemoglobin Increase of ≥1.0 g/dL in 6 of 11 (55%) Efficacy Evaluable Patients, Decreased Markers of Hemolysis, Reduced 2,3-DPG and Increased ATP –– Safety Profile Generally Consistent with Previously Presented Data in Patients with Pyruvate Kinase Deficiency and Thalassemia –– Data Support Advancement of Mitapivat to Pivotal Development in Sickle Cell Disease; Company Expects to Initiate Pivotal Program in 2021 –– Company to Host Investor Event and Webcast Tomorrow, December 8, at 8:00 a.m. ET –CAMBRIDGE, Mass., Dec. 07, 2020 (GLOBE NEWSWIRE) — Agios Pharmaceuticals, Inc. (NASDAQ: AGIO), a leader in the field of cellular metabolism to treat cancer and rare genetic diseases, today reported updated data from a Phase 1 trial of mitapivat, the company’s first-in-class pyruvate kinase R (PKR) activator,...

NEW YORK, Dec. 07, 2020 (GLOBE NEWSWIRE) — Japan Smaller Capitalization Fund, Inc. (NYSE: JOF) (the “Fund”) announced that it would make an ordinary income distribution of $0.1281 per share and a long-term capital gains distribution of $0.2160 per share, payable on December 28, 2020 to shareholders of record on December 18, 2020. The ex-dividend date will be December 17, 2020.The amounts and sources of distributions reported in this press release are only estimates and are not being provided for tax reporting purposes. The actual amounts and sources of the amounts for tax reporting purposes will depend upon the Fund’s investment experience during the entirety of its fiscal year and may be subject to changes based on tax regulations. The Fund intends to send a Form 1099-DIV for the calendar year concerning the tax treatment...