Month: February 2021

TORONTO, Feb. 22, 2021 (GLOBE NEWSWIRE) — Revival Gold Inc. (TSXV: RVG, OTCQB: RVLGF) (“Revival Gold” or the “Company”), a growth‐focused gold exploration and development company, is pleased to announce results from the final ten holes of the Company’s 2020 drilling program at the Beartrack-Arnett Gold Project (“Beartrack-Arnett”) located in Idaho, USA.Highlights from today’s drill results include two core holes drilled in the Joss target area at the southern end of Beartrack. The holes were drilled to test for high-grade sulphide mineralization and to validate a conceptual underground mining target hosted within the main shear zone as well as in cross structures. Summary results below:2.29 g/t gold over 45.7 meters1 including 4.58 g/t gold over 10.1 meters in BT20-235D2.41 g/t gold over 43.9 meters1 including 6.84 g/t gold over...

DETROIT, Feb. 22, 2021 (GLOBE NEWSWIRE) — From Michigan’s thumb, south to Detroit and the surrounding metro areas, DTE Energy’s electric customers experienced 25% improvement in power reliability from 2019 to 2020. Customers also saw the lowest number of outages compared to similar weather years.“DTE is investing nearly $1 billion on behalf of our customers to upgrade the grid each year, and these enhancements are helping us deliver improved results,” said Heather Rivard, senior vice president, Distribution Operations. “We know our customers depend on us – even more so this past year because they need our service to live, work and learn – so we continue to prioritize building a stronger and smarter grid.”Building a more resilient infrastructure system includes trimming overgrown trees along power lines. Fallen trees and...

HOUSTON, Feb. 22, 2021 (GLOBE NEWSWIRE) — Salarius Pharmaceuticals, Inc. (Nasdaq: SLRX), a clinical-stage biopharmaceutical company developing potential new medicines for patients with pediatric cancers, solid tumors, and other cancers, announced today that Salarius CEO David Arthur will present during the virtual Diamond Equity Research Emerging Growth Invitational Conference taking place Wednesday, February 24, 2021. All registered conference attendees will be able to view the live virtual presentation.During the presentation, Mr. Arthur will provide an overview of Salarius’ business and highlight recent corporate achievements, as well as anticipated milestones in the clinical programs for seclidemstat. Seclidemstat is a reversible LSD1 inhibitor now the subject of two Phase 1/2 clinical trials for Ewing sarcoma, a rare and deadly...

Celsion’s Commitment to Promoting Immune System Solutions to Fight Life-Threatening Diseases Granted an Accelerated Development PathwayDesignation Provides Potential for an Expedited Regulatory Review.LAWRENCEVILLE, N.J., Feb. 22, 2021 (GLOBE NEWSWIRE) — Celsion Corporation (NASDAQ: CLSN), a clinical stage development company focused on DNA based immunotherapy and next generation vaccines, today announced that it has received Fast Track designation from the U.S. Food and Drug Administration (FDA) for GEN-1, its DNA-mediated interleukin-12 (IL-12) immunotherapy currently in Phase II development for the treatment of advanced ovarian cancer. GEN-1 was designed using TheraPlas, Celsion’s proprietary, synthetic, non-viral nanoparticle delivery system platform.Fast Track designation is intended to facilitate the development and...

Dundee Corporation to further streamline its capital structure and return cash to shareholdersTORONTO, Feb. 22, 2021 (GLOBE NEWSWIRE) — Dundee Corporation (TSX: DC.A, DC.PR.B, DC.PR.D) (“Dundee” or the “Company”) announced today receipt of regulatory approval for its notice of intention to implement normal course issuer bids (“Bids”) in respect of its class A subordinate voting shares (“Class A Shares”), cumulative 5-year rate reset first preference shares, series 2 (“Series 2 Shares”) and cumulative floating rate first preference shares, series 3 (“Series 3 Shares”), and collectively with Class A Shares and Series 2 Shares, the “Securities”) through the facilities of the Toronto Stock Exchange (“TSX”) or alternative Canadian trading systems from February 24, 2021 to February 23, 2022.Jonathan Goodman, President and CEO of Dundee...

TORONTO, Feb. 22, 2021 (GLOBE NEWSWIRE) — Mandalay Resources Corporation (“Mandalay” or “the Company”) (TSX: MND, OTCQB: MNDJF) today announced that its fourth quarter and full-year 2020 financial results will be released after market close on February 25, 2021, followed by a conference call with Dominic Duffy, President and Chief Executive Officer of Mandalay, for investors and analysts on February 26, 2021 at 8:00 AM (Toronto time).Analysts and interested investors are invited to participate using the following dial-in numbers:A replay of the conference call will be available until 11:59 pm (Toronto time), March 12, 2021 and can be accessed using the following dial-in number:For Further Information:Dominic DuffyPresident and Chief Executive OfficerEdison NguyenManager, Analytics and Investor Relations647.260.1566About Mandalay...

TORONTO, Feb. 22, 2021 (GLOBE NEWSWIRE) — Mandalay Resources Corporation (”Mandalay” eller ”bolaget”) (TSX: MND, OTCQB: MNDJF) tillkännagav idag att resultatrapporten för fjärde kvartalet och helåret 2020 kommer att släppas efter marknadens stängning den 25 februari 2021. Därefter kommer ett konferenssamtal att hållas med Dominic Duffy, Mandalays vd och koncernchef, för investerare och analytiker den 26 februari 2021 klockan 08.00 (Toronto-tid).Analytiker och intresserade investerare inbjuds att delta genom att använda följande uppringningsnummer:En inspelning av konferenssamtalet kommer att finnas tillgänglig till kl. 23.59 (Toronto-tid), den 12 mars 2021 och nås på följande uppringningsnummer:Mer information:Dominic DuffyPresident och Chief Executive OfficerEdison NguyenManager, Analytics och Investor RelationsKontakt:647 260 1566Om...

• Franchise Group to Receive in Excess of $240 million of Consideration, Including $182 million of Cash• Franchise Group to Own at least 6.1 million Shares in NextPointORLANDO, Fla., Feb. 22, 2021 (GLOBE NEWSWIRE) — Franchise Group, Inc. (NASDAQ: FRG) (“Franchise Group” or the “Company”) today announced that it has entered into a definitive agreement pursuant to which its Liberty Tax business (“Liberty”) will become part of NextPoint Acquisition Corp.’s (“NextPoint”) diversified financial services platform. Franchise Group expects to receive consideration of at least $243 million, consisting of $182 million in cash and at least $61 million in stock consideration (the “Transaction”), representing significant ownership in NextPoint. The Transaction, which is expected to be completed in conjunction with NextPoint’s acquisition of LoanMe,...

CALGARY, Alberta, Feb. 22, 2021 (GLOBE NEWSWIRE) — News Release – TC Energy Corporation (TSX, NYSE: TRP) (TC Energy) today responded to a unitholder’s recent assertion of the inadequacy of the exchange ratio in the definitive agreement to acquire all of the outstanding common units of TC PipeLines, LP (NYSE:TCP) (TCP or the Partnership) not beneficially owned by TC Energy or its affiliates.The exchange ratio of 0.70 of a TCE common share for each TCP common unit represents a 20.8 per cent premium to the TCP closing price before the original offer as of October 2, 2020. The exchange ratio was unanimously approved by a conflicts committee composed of independent directors of the Partnership’s general partner, after consultation with its independent legal and financial advisors.“We affirm the exchange ratio and we are confident that...

NEW YORK, Feb. 22, 2021 (GLOBE NEWSWIRE) — Cowen Inc. (NASDAQ:COWN) (“Cowen” or the “Company”) today announced that Adam Chazan has joined the Company’s Investment Banking division as a Managing Director with leadership responsibility for the firm’s Tools and Diagnostics banking practice. Mr. Chazan will be based in New York and report to George Milstein, Head of the Health Care Investment Banking Group.“We are excited to have Adam join our team, adding to Cowen’s leading health care investment banking franchise,” said Larry Wieseneck, Co-President, Cowen and Company. “Over the last several years, Cowen has solidified its position as a leader across the health care landscape where novel tools, technologies and health care converge.  Adam’s deep expertise, network and leadership skills make him the perfect partner to help us accelerate...