Timber Pharmaceuticals Receives Orphan Drug Designation from U.S. FDA for TMB-003 for the Treatment of Systemic Sclerosis

Written by Customer Service on January 12, 2021. Posted in Public Companies.

Timber Expects to Submit Investigational New Drug (IND) Application to the FDA in 2022WOODCLIFF LAKE, N.J., Jan. 12, 2021 (GLOBE NEWSWIRE) — via NewMediaWire — Timber Pharmaceuticals, Inc. (“Timber” or the “Company”) (NYSE American: TMBR), a biopharmaceutical company focused on the development and commercialization of treatments for rare and orphan dermatologic diseases, today announced that the U.S. Food and Drug Administration (FDA) has granted orphan drug designation to TMB-003, the company’s locally delivered formulation of sitaxsentan, for the treatment of systemic sclerosis.“People who are living with systemic sclerosis or scleroderma often struggle with their quality of life because the condition can be disfiguring and may cover joints and cause pain that affects movement and mobility,” said John Koconis,...

Almaden Comments on Media Reports

Written by Customer Service on January 12, 2021. Posted in Public Companies.

VANCOUVER, British Columbia, Jan. 12, 2021 (GLOBE NEWSWIRE) — Almaden Minerals Ltd. (“Almaden” or “the Company”; TSX: AMM; NYSE American: AAU) understands that certain media have reported that Mexico’s Supreme Court will soon make a ruling on the constitutionality of the Mexico’s mining code, stemming from a complaint brought in relation to the Company’s mineral claims in Ixtacamaxtitlán, Puebla State, Mexico.The Company wishes to confirm that the case pertaining to its Ixtaca mineral claims is not being heard at the Supreme Court level and therefore this reported ruling cannot relate to the Company’s Ixtaca project. The Company is aware that other mineral claims in Puebla State unrelated to the Company’s Ixtaca project are the subject of one or more complaints at the Supreme Court level, but the Company has no first-hand knowledge...

Bunker Hill Appoints David Wiens as Chief Financial Officer & Corporate Secretary

Written by Customer Service on January 12, 2021. Posted in Public Companies.

TORONTO, Jan. 12, 2021 (GLOBE NEWSWIRE) — Bunker Hill Mining Corp (the “Company”) (CSE: BNKR) is pleased to announce the appointment of David Wiens as Chief Financial Officer & Corporate Secretary, effective immediately. Mr. Wiens will take over from Wayne Parsons, who is remaining on the Board as Non-Executive Director, also effective immediately. Mr. Wiens is an experienced mining executive with over 17 years’ experience in corporate finance, financial planning & analysis (“FP&A”), treasury and investor relations. Mr. Wiens spent the last eight years with Americas-focused precious metals companies, including over six years at SSR Mining Inc. where he was part of a team that transformed the company from a single asset silver producer with limited mine life to a diversified long-life precious metals company, while...

Artisan Partners Asset Management Inc. Reports December 2020 Assets Under Management

Written by Customer Service on January 12, 2021. Posted in Public Companies.

MILWAUKEE, Jan. 12, 2021 (GLOBE NEWSWIRE) — Artisan Partners Asset Management Inc. (NYSE: APAM) today reported that its assets under management (“AUM”) as of December 31, 2020 totaled $157.8 billion. Separate accounts1 accounted for $83.0 billion of total firm AUM, while Artisan Funds and Artisan Global Funds accounted for $74.8 billion.1 Separate account AUM consists of the assets we manage in or through vehicles other than Artisan Funds or Artisan Global Funds. Separate account AUM includes assets we manage in traditional separate accounts, as well as assets we manage in Artisan-branded collective investment trusts, in funds (both public and private) that we sub-advise, and in our own privately offered funds.2 Other Assets Under Management includes AUM managed by the Credit Team in the Credit Opportunities strategy,...

Concrete Pumping Holdings Reports Strong Fourth Quarter and Fiscal Year 2020 Results

Written by Customer Service on January 12, 2021. Posted in Earnings Releases And Operating Results.

DENVER, Jan. 12, 2021 (GLOBE NEWSWIRE) — Concrete Pumping Holdings, Inc. (Nasdaq: BBCP) (the “Company” or “CPH”), a leading provider of concrete pumping and waste management services in the U.S. and U.K., reported financial results for its fourth quarter and fiscal year ended October 31, 2020.Fourth Quarter Fiscal Year 2020 Summary vs. Fourth Quarter of Fiscal Year 2019 (where applicable)Fiscal Year 2020 Financial SummaryManagement Commentary“Our fourth quarter and fiscal year 2020 results demonstrate the continued resiliency and strength of our business model,” said Bruce Young, CEO of Concrete Pumping Holdings. “We achieved year-over-year Adjusted EBITDA margin expansion for the quarter even as we continued to navigate the lingering effects of COVID-19 across our U.K. and U.S. markets. We also sustained strong momentum in our...

Billtrust and South Mountain Merger Corp. Announce Closing of Business Combination

Written by Customer Service on January 12, 2021. Posted in Mergers And Acquisitions.

NEW YORK, PHILADELPHIA and LAWRENCEVILLE, N.J., Jan. 12, 2021 (GLOBE NEWSWIRE) — BTRS Holdings Inc. (“Billtrust”), a B2B accounts receivable automation and integrated B2B payments leader, and South Mountain Merger Corp. (“South Mountain”), a special purpose acquisition company, announced today the completion of their previously announced business combination. The business combination was approved by South Mountain’s stockholders on January 12, 2021.Upon completion of the business combination, South Mountain changed its name to “BTRS Holdings Inc.,” and its Class 1 common stock and warrants are expected to begin trading on the Nasdaq Global Select Market and the Nasdaq Capital Market under the symbols “BTRS” and “BTRSW,” respectively, commencing January 13, 2021.Flint Lane, Founder and CEO of Billtrust, commented, “We are incredibly...

Cargojet Announces C$350 Million Bought Deal Equity Offering

Written by Customer Service on January 12, 2021. Posted in Public Companies.

Not for distribution to US news wire services or dissemination in the United StatesMISSISSAUGA, Ontario, Jan. 12, 2021 (GLOBE NEWSWIRE) — Cargojet Inc. (“Cargojet” or the “Company”) (TSX: CJT) is pleased to announce that it has entered into an agreement with Scotiabank, CIBC Capital Markets, RBC Capital Markets, J.P. Morgan Securities Canada Inc., Morgan Stanley Canada Limited and BMO Capital Markets acting as co-leads and joint bookrunners, on behalf of a syndicate of underwriters (collectively, the “Underwriters”), pursuant to which the Underwriters have agreed to purchase, on a bought deal basis, 1,642,000 common voting shares (“Common Voting Shares”) and/or variable voting shares (“Variable Voting Shares” and, together with the Common Voting Shares, the “Shares”) of Cargojet at a price of C$213.25 per Share (the “Offering Price”)...

FOMO’S PURGE VIRUS BUSINESS NOW LIVE ON ALIBABA

Written by Customer Service on January 12, 2021. Posted in Public Companies.

Chicago, IL, Jan. 12, 2021 (GLOBE NEWSWIRE) — FOMO CORP. (US OTC: ETFM) announces that its wholly owned subsidiary, Purge Virus, LLC (“PV”; https://purgevirus.com/), has begun offering COVID-19 disinfection products and services on the Alibaba Business-2-Business (B2B) platform at the following:https://us1384134688isrj.trustpass.alibaba.com/?spm=a2700.shop_cp.88.7In December 2020, Alibaba approved PV as a Global Gold Supplier which significantly expands the distribution platform for its business. With the B2B platform, business owners and facility managers across private and public sectors have the convenience of purchasing products and services by matching their heating, ventilation, and air conditioning (HVAC) system needs to the most appropriate PV technology. Volume ordering, portable devices, and improved indoor air quality (IAQ)...

Rapid Dose Therapeutics Executes Letter Of Intent To Acquire Consolidated Craft Brands

Written by Customer Service on January 12, 2021. Posted in Public Companies.

BURLINGTON, Ontario, Jan. 12, 2021 (GLOBE NEWSWIRE) — Rapid Dose Therapeutics Corp. (“RDT” or the “Company”) (CSE: DOSE), a Canadian life sciences company focused on innovative drug and active ingredient delivery solutions, is pleased to announce that it has entered into a binding Letter of Intent (“LOI”) for the acquisition of 2544737 Ontario Limited, operating as Consolidated Craft Brands (“CCB”), in a share transaction (the “Transaction”) totalling $5,000,000.00CDN. (Five Million Dollars Canadian). CCB is a majority First Nations owned private company carrying on business in the development of packaged goods for cannabis edibles and cannabis infused health and wellness products.Terms of the TransactionPursuant to the terms of the LOI, RDT is to issue 16,666,667 Common Share Units, each consisting of 1 common share and 1 common...

FAR Resources Ltd. Clarifies Advisor Appointments

Written by Customer Service on January 12, 2021. Posted in Public Companies.

VANCOUVER, British Columbia, Jan. 12, 2021 (GLOBE NEWSWIRE) — FAR Resources Ltd (“Far” of the “Company”) (CSE: FAT) wishes to clarify its January 11, 2021 news release where it announced the appointment of four advisors. Each of Mr. Coleman, Mr. Cantore, Mr. Reynolds and Mr. Van Andel will, in his capacity as advisor, provide strategic advice to the Board of Directors. None of these advisors is being appointed as a director of the Company.For and on behalf of the BoardJohn GammackPresident and CEOInformation ContactJohn Gammack, President & CEOFAR Resources, LTD.info@farresources.comThe Canadian Securities Exchange has neither approved nor disapproved the contents of this news release and accepts no responsibility for the adequacy or accuracy hereof.Forward Looking StatementsThis news release may contain forward-looking statements,...

Day: January 12, 2021

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