Month: December 2020

THIS NEWS RELEASE IS INTENDED FOR DISTRIBUTION IN CANADA ONLY AND IS NOT INTENDED FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES.HAMILTON, Ontario, Dec. 03, 2020 (GLOBE NEWSWIRE) — Reliq Health Technologies Inc. (TSXV:RHT or OTCQB:RQHTF) (“Reliq” or the “Company”), a technology company focused on developing innovative mobile health (mHealth) and telemedicine solutions for Community-Based Healthcare, is pleased to announced that it has that it has closed on oversubscribed non-brokered private placement (the “Offering”) for gross proceeds of $3,035,999.70.In the second, final tranche of the Offering, the Company issued 2,856,276 units (each a “Unit’) at a price of $0.225 per Unit for aggregate gross proceeds of $642,662.10. In total, the Company issued 13,493,332 Units at $0.225 for aggregate...

MONTREAL, Dec. 03, 2020 (GLOBE NEWSWIRE) — Relevium Technologies Inc. (TSX.V: “RLV”, OTC: “RLLVF” and Frankfurt: “6BX”) (the “Company” or “Relevium”) is pleased to provide an update on all major corporate initiatives and ongoing disclosure obligations.UPDATE ON THE FILING OF AUDITED STATEMES AND FIRST QUARTER INTERIMSWe are pleased to provide an update to its previously disclosed management cease trade order (“MCTO”), announced on October 27, 2020, in respect to the audited annual financial statements for the year ended June 30, 2020, the interim financial statements for the first quarter of operations for the three months ended September 30, 2020 and corresponding management’s discussion and analysis for both filings. (collectively, the “Required Financial Filings”) that were not filed by the required filing deadline...

ROLLING MEADOWS, Ill., Dec. 03, 2020 (GLOBE NEWSWIRE) — Cambium Networks Corporation (Nasdaq: CMBM) (“Cambium”), a provider of wireless networking infrastructure solutions, today announced the pricing of an underwritten secondary public offering of 2,500,000 ordinary shares to be sold by Vector Cambium Holdings (Cayman), L.P. (“VCH, L.P.”), which is owned by Vector Capital and certain of its affiliates (together with VCH, L.P., “Vector Capital”), at a public offering price of $28.00 per share, for total gross proceeds to Vector Capital of approximately $70 million, before deducting underwriting discounts and commissions and offering expenses. The offering is expected to close on December 8, 2020, subject to the satisfaction of customary closing conditions. In addition, Vector Capital has granted the underwriters a 30-day option...

Tracking in Line to Meet 2H20 GuidanceExpands Digital Health Product Offering with Three Strategic AcquisitionsNOVA LIMA, Brazil and MINAS GERAIS, Brazil, Dec. 03, 2020 (GLOBE NEWSWIRE) — Afya Limited (Nasdaq: AFYA) (“Afya” or the “Company”), the leading medical education group in Brazil, today reported financial and operating results for the three and nine-month periods ended September 30, 2020 (third quarter 2020, 3Q20 and 9M20, respectively). Financial results are expressed in Brazilian Reais and are presented in accordance with International Financial Reporting Standards (IFRS).Third Quarter 2020 HighlightsAdjusted Net Revenue in 3Q20, which includes the impact of R$3.9 million due to mandatory temporary discounts in tuition fees related to COVID 19 on site classes restrictions, increased 51.6% year over year (YoY) to R$313.3...

Company Obtains $25 Million in Financing to Facilitate Sale Process While Continuing to Serve Customers in the Ordinary CourseProcess Aimed at Addressing Lease Obligations, Positioning the Company for New Ownership for Long-Term and Brand SustainabilityHOUSTON, Dec. 03, 2020 (GLOBE NEWSWIRE) — Francesca’s Holdings Corporation (Nasdaq: FRAN) today announced that the Company, along with its subsidiaries, has voluntarily filed for relief under chapter 11 of the Bankruptcy Code in the U.S. Bankruptcy Court for the District of Delaware on December 3, 2020. francesca’s® intends to use these proceedings to implement a sale process focused on the Company’s core retail locations as well as its promising digital expansion and new brand launches. The Company will be filing a motion seeking authorization to pursue an auction and sale process...

PHILADELPHIA, PA, Dec. 03, 2020 (GLOBE NEWSWIRE) — FinTech Acquisition Corp. V (NASDAQ:FTCVU) (the “Company”), a blank-check company formed for the purpose of acquiring or merging with one or more businesses, today announced the pricing of its initial public offering of 21,800,000 units at a price of $10.00 per unit, for gross proceeds to the Company of $218,000,000. The Company’s units will be listed on the Nasdaq Capital Market under the symbol “FTCVU” and will begin trading on December 4, 2020. Each unit issued in the offering consists of one share of the Company’s Class A common stock and one-third of one warrant, each whole warrant exercisable for one share of Class A common stock at an exercise price of $11.50 per share. Once the securities comprising the units begin separate trading, the Class A common stock...

TORONTO, Dec. 03, 2020 (GLOBE NEWSWIRE) — QuestCap Inc. (“QuestCap” or the “Company”) (NEO:QSC) reports, in accordance with the policies of the NEO Exchange, that the nominees listed in the Management Information Circular dated November 2, 2020 for the 2020 Annual and Special Meeting of Shareholders of the Company (the “Meeting”) were elected as directors of the Company. 21.02% of all of the issued and outstanding shares of the Company were represented at the Meeting.Detailed results of the vote for the election of directors held at the Meeting on December 3, 2020 in Toronto, Ontario are set out below.Election of DirectorsThe shareholders approved the election as directors of the persons listed below, based on the following vote.Shareholders at the annual meeting also approved the appointment of the Company’s auditors, McGovern...

VANCOUVER, British Columbia, Dec. 03, 2020 (GLOBE NEWSWIRE) — Pretium Resources Inc. (TSX/NYSE:PVG) (“Pretivm” or the “Company”) announced today that the Board of Directors (the “Board”) has appointed Tom Peregoodoff as an independent director of the Company.“We will benefit from Tom’s extensive expertise across the mining sector. His knowledge and experience with geology, resource development and corporate transactions will complement our Board’s capabilities,” said Board Chair Richard O’Brien. “We look forward to his contributions to our continued growth and success.”Mr. Peregoodoff has over 30 years of resource industry experience, much of it in greenfield and brownfield exploration and resource development. His last management position was President and CEO of Peregrine Diamonds Ltd. where he led the company from the resource...

THE WOODLANDS, Texas, Dec. 03, 2020 (GLOBE NEWSWIRE) — LGI Homes, Inc. (NASDAQ: LGIH) today announced 960 home closings in November 2020, up from 748 home closings in November 2019, representing year-over-year growth of 28.3%. In addition, the Company ended the first eleven months of 2020 with 7,709 home closings, a 16.1% increase over 6,638 home closings during the first eleven months of 2019.As of the end of November 2020, the Company had 114 active selling communities.“We are proud to announce another record breaking month of home closings,” said Eric Lipar, Chief Executive Officer and Chairman of LGI Homes. “This was our best November on record and the second best month of closings overall in our history. Based on this outstanding November performance and our current view of the backlog available to close in December, we are updating...

LIVERMORE, Calif., Dec. 03, 2020 (GLOBE NEWSWIRE) — FormFactor, Inc. (Nasdaq:FORM) today announced that company management is scheduled to participate in the 12th Annual CEO Summit, being held virtually this year on December 16, 2020.The presentation material utilized during the CEO Summit will be made accessible on the investor page of the company’s website at http://investors.formfactor.com/.About The 12thAnnual Virtual CEO Summit 2020The CEO Summit is hosted by executive management from participating companies and will feature a virtual “round-robin” format consisting of small group meetings, each 40 minutes in duration. Each company will be available for up to six meeting slots during the conference, while investors and analysts will have the opportunity to meet with 12 of the participating management teams from 8:15a.m. until...