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Year: 2020

Major Indices dropped after coronavirus cases surged and new lockdown measures are set

After record setting session from Monday’s market, the Dow and S&P 500 both declined after shares from Big Pharmacy companies are under a strain. The Dow declined almost 0.60% while S&P 500 is short by less than 0.50%. Nasdaq rallied but ended up losing about 0.21%.Treasuries and Gold are also down in today’s session while crude are all up. Meanwhile, here are the rest of the movements in Stock Market this Tuesday;Stocks– S&P 500 fell a bit with 17.37 points loss or is 0.48% lower to 3,609.54.– The Dow Jones Industrial Average dropped about 167.22 points or is down by 0.56% to 29,783.22.– Nasdaq Composite declined around 24.79 points or 0.21% to 11,899.34.– The MSCI Asia Pacific Index is up by 0.2%.– The MSCI Emerging Market Index is down around 0.1%. Bonds– The yield on the benchmark...

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Cascade Acquisition Corp. Announces Pricing of $200,000,000 Initial Public Offering

New York, NY, Nov. 19, 2020 (GLOBE NEWSWIRE) — Cascade Acquisition Corp. (the “Company”) announced today that it priced its initial public offering of 20,000,000 units, at $10.00 per unit. The units will be listed on the New York Stock Exchange (“NYSE”) and will begin trading on Friday, November 20, 2020, under the ticker symbol “CAS.U.” Each unit consists of one share of the Company’s Class A common stock and one-half of one redeemable warrant, each whole warrant entitling the holder thereof to purchase one share of Class A common stock at a price of $11.50 per share. Only whole warrants are exercisable. No fractional warrants will be issued upon separation of the units and only whole warrants will trade. Once the securities comprising the units begin separate trading, shares of the Class A common stock and warrants are expected...

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Mise à jour sur le programme de forage sur le projet K2 de Dios

MONTRÉAL, 19 nov. 2020 (GLOBE NEWSWIRE) — Dios Exploration Inc. donne avec plaisir des nouvelles des premiers forages à vie toujours en cours sur sa propriété d’or K2, détenue à part entière sans redevances sur le territoire Eeyou Istchee en baie James au Québec.Dios a foré en ce moment 6 sondages (1761 mètres) répartis sur 500 m par 1,5 km, testant 3 cibles géophysiques distinctes (pp-1, pp-2 & pp-5) du secteur WI-TARGET n’affleurant pas. Plusieurs zones minéralisées altérées furent découvertes par forage et une partie des échantillons de carotte a été envoyée au laboratoire ALS de Val d’Or. Deux autres forages sont prévus sur la pp-5 et deux autres sur la cible Attila, à 7 km à l’est.Sur la cible pp-1, les sondages 01 à 03 ont recoupé une diorite synvolcanique à phénocristaux (feldspath) injectée de dykes basiques et gabbros....

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Delta 9 Achieves Milestone Agreement with Ahahswinis Green Investments Micro Cultivation Partner

WINNIPEG, Manitoba, Nov. 19, 2020 (GLOBE NEWSWIRE) — DELTA 9 CANNABIS INC. (TSX: DN) (OTCQX: VRNDF) (“Delta 9” or the “Company”), is pleased to announce that it has completed its final services milestone under an agreement with Ahahswinis Green Investments Ltd (“Ahahswinis”) which is 100% owned by Hupacasath First Nation. Ahahswinis is an arms length third party in which Delta 9 has no ownership control or interest.As one of Delta 9’s micro cultivation partners, Ahahswinis entered into a Strategic Cooperation Agreement (“SCA”) with the company whereby Delta 9 provides services relating to the cannabis production facility design and construction, development of standard operating procedures and sanitation programs, consulting on Health Canada licensing, and other services supporting the acquisition of the...

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Maravai LifeSciences Announces Pricing of an Upsized Initial Public Offering

SAN DIEGO, Calif., Nov. 19, 2020 (GLOBE NEWSWIRE) — Maravai LifeSciences Holdings, Inc. (Maravai) (NASDAQ: MRVI), a global provider of life science reagents and services to researchers and biotech innovators, today announced the pricing of its upsized initial public offering of 60,000,000 shares of Class A common stock at a public offering price of $27.00 per share, before underwriting discounts and commissions, for gross proceeds of $1,620,000,000. All shares of Class A common stock are being offered by Maravai. The shares are expected to begin trading on the Nasdaq Global Select Market on November 20, 2020, under the symbol “MRVI.” The offering is expected to close on November 24, 2020, subject to the satisfaction of customary closing conditions. Additionally, Maravai has granted the underwriters a 30-day option to purchase up...

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Aequi Acquisition Corp. Announces Pricing of $200,000,000 Initial Public Offering

New York, NY, Nov. 19, 2020 (GLOBE NEWSWIRE) — Aequi Acquisition Corp. (the “Company”) today announced the pricing of its initial public offering of 20,000,000 units at $10.00 per unit. The units will be listed on the Nasdaq Stock Market and trade under the ticker symbol “ARBGU” beginning Friday, November 20, 2020.Each unit consists of one share of the Company’s Class A common stock and one-third of one redeemable warrant. Each whole warrant entitles the holder thereof to purchase one share of the Company’s Class A common stock at a price of $11.50 per share. Once the securities comprising the units begin separate trading, the Class A common stock and warrants are expected to be listed on the Nasdaq Stock Market under the symbols “ARBG” and “ARBGW,” respectively. The initial public offering is expected to close on Tuesday, November...

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InPlay Oil Announces Participation in Noble Capital Markets Virtual Road Show Series

CALGARY, Alberta, Nov. 19, 2020 (GLOBE NEWSWIRE) — InPlay Oil Corp. (TSX: IPO) (OTCQX: IPOOF) a junior oil and gas exploration and production company with operations in Alberta focused on light oil production, today announced their participation in Noble Capital Markets’ Virtual Road Show Series, presented by Channelchek, scheduled for November 23, 2020.The virtual road show will feature a corporate presentation from InPlay Oil CEO, Doug Bartole, followed by a Q & A session proctored by Noble Senior Research Analyst Michael Heim, featuring questions submitted by the audience.The live broadcast of the virtual road show is scheduled for November 23, 2020, at 1 PM EDT. Registration is free, but limited to 100. Register Here.About InPlay Oil:InPlay Oil is a junior oil and gas exploration and production company with operations in...

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Sotera Health Announces Pricing of Initial Public Offering

CLEVELAND, Nov. 19, 2020 (GLOBE NEWSWIRE) — Sotera Health Company today announced the pricing of its initial public offering (“IPO”) of 46,600,000 shares of its common stock at a price to the public of $23.00 per share. The gross proceeds of the offering are expected to be approximately $1.1 billion, before deducting underwriting discounts and commissions and offering expenses. The Company has granted the underwriters a 30-day option to purchase up to an additional 6,990,000 shares.The shares are expected to begin trading on the Nasdaq Global Select Market on November 20, 2020, under the symbol “SHC.” The offering is expected to close on November 24, 2020, subject to customary closing conditions.J.P. Morgan, Credit Suisse, Goldman Sachs & Co. LLC and Jefferies are acting as joint lead book-running managers and as representatives...

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Aurora Spine Corporation Announces Financial Results for Third Quarter

NOT FOR DISTRIBUTION IN THE UNITED STATES OR OVER UNITED STATES WIRE SERVICESGross margin improves to 48%, revealing company on track with FY20 strategy of selling more proprietary productsCARLSBAD, Calif., Nov. 19, 2020 (GLOBE NEWSWIRE) — Aurora Spine Corporation (“Aurora Spine” or the “Company”) (TSXV: ASG) (US: AROSF), a company focused on bringing new solutions to the spinal implant market through a series of innovative, minimally invasive, regenerative spinal implant technologies, today announced the financial results for the third quarter ended September 30, 2020. All figures are in U.S. dollars.Financial and Business HighlightsReported revenues of $2.4 million in Q3 2020, compared to $1.6M in Q2 and $2.3M in Q1. Compared to Q3 2019, it represents a decrease of 6%.Sequential improvement of gross margin to 48.0% in Q3, up from...

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Lilis Energy Announces Confirmation of Modified Debtors’ Liquidating Chapter 11 Plan

FORT WORTH, Texas, Nov. 19, 2020 (GLOBE NEWSWIRE) — Lilis Energy, Inc. (OTC: LLEXQ) (the “Company”), an exploration and development company operating in the Permian Basin of West Texas and Southeastern New Mexico, today announced that the United States Bankruptcy Court for the Southern District of Texas, Houston Division (the “Bankruptcy Court”) entered an order on November 17, 2020, among other things, confirming the Modified Debtors’ First Amended Joint Liquidating Chapter 11 Plan (the “Plan”) which received the overwhelming support of all creditors.The Company expects that the effective date of the Plan ( the “Effective Date”) will be on or around December 1, 2020, assuming that all conditions precedent to the Plan’s effectiveness are satisfied or waived on or prior to such date, including the closing of the sale of substantially...

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