Month: February 2021

CHICAGO, Feb. 11, 2021 (GLOBE NEWSWIRE) — Oil-Dri Corporation of America (NYSE: ODC), a leading manufacturer of sorbent minerals, doing business as Amlan International, today announced that the Korean Intellectual Property Office has issued Patent 28958.07.0042 entitled “Clay Product and Uses Thereof.” The patent protects the unique and proprietary mineral-based technology of two of Amlan’s natural feed additives, Varium® for poultry and NeoPrime® for swine, which help global producers meet consumer demands for high-quality antibiotic-free animal protein.The patent provides a methodology for using a natural, mineral-based formulation to mitigate the effects of exposure to pathogenic bacteria and the disease-causing toxins they produce, which damage gut health and function. Amlan’s mineral is specifically selected for...

VANCOUVER, British Columbia, Feb. 11, 2021 (GLOBE NEWSWIRE) — Solstice Gold Corporation (TSXV:SGC) (“Solstice”, the “Company”, “we” or “our”) is pleased to announce that, further to our news release dated February 2, 2021 and following receipt of approval from the TSX Venture Exchange, the Company has issued to Gravel Ridge Resources Ltd. (“Gravel Ridge”) 300,000 common shares (“Common Shares”) as a portion of the consideration payable by the Company to Gravel Ridge in connection with the option agreement (“Agreement”) dated February 1, 2021 (“Effective Date”) for an option (“Option”) to acquire a 100% interest in the Red Lake Extension project (the “Project”). In accordance with the terms and conditions of the Agreement, the Company has also paid $22,000 to Gravel Ridge on the Effective Date.Pursuant to the Agreement, to fully...

HOUSTON, Feb. 11, 2021 (GLOBE NEWSWIRE) — U.S. Energy Corp. (Nasdaq: USEG) (the “Company”), today announced the pricing of an underwritten public offering of 984,000 shares of its common stock at a price of $5.10 per share, for gross proceeds to the Company of $5,018,400, before deducting underwriting discounts and other offering expenses.In addition, the Company has granted the underwriter a 45-day option to purchase up to an additional 147,600 shares of common stock offered in the public offering to cover over-allotments, if any.Kingswood Capital Markets, division of Benchmark Investments, Inc., is acting as sole bookrunner for the offering.The offering is expected to close on February 17, 2021, subject to customary closing conditions.The shares of common stock are being offered by the Company pursuant to a “shelf”...

NOT FOR DISTRIBUTION IN THE UNITED STATES. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF U.S. SECURITIES LAW.VANCOUVER, British Columbia, Feb. 11, 2021 (GLOBE NEWSWIRE) — Willow Biosciences Inc. (“Willow” or the “Company“) (TSX: WLLW; WLLW.WT; OTCQX: CANSF) is pleased to announce that in connection with its previously announced bought deal offering, Willow and the syndicate of underwriters co-led by Eight Capital and BMO Capital Markets (collectively, the “Underwriters“), have agreed to increase the size of the bought deal offering. Willow will now issue 15,152,000 common shares of the Company (the “Common Shares”) at a price of $1.65 per Common Share (the “Offering Price”) for gross proceeds of approximately $25.0 million (the “Offering”).The Company has also granted...

NEW YORK, Feb. 11, 2021 (GLOBE NEWSWIRE) — Applied Therapeutics, Inc. (NASDAQ: APLT) (the “Company”), a clinical-stage biopharmaceutical company developing a pipeline of novel drug candidates against validated molecular targets in indications of high unmet medical need, today announced the pricing of its underwritten public offering of 3,000,000 shares of its common stock, par value $0.0001 per share, at a price to the public of $23.00 per share. The gross proceeds to the Company from the offering, before deducting the underwriting discounts and commissions and estimated offering expenses payable by the Company, are expected to be $69 million. The Company has granted the underwriters a 30-day option to purchase up to 450,000 additional shares of its common stock at the price to the public, less underwriting discounts and commissions.The...

Калхун, Джорджия, Feb. 12, 2021 (GLOBE NEWSWIRE) — Компания Mohawk Industries, Inc. (NYSE: MHK) объявила о назначении James F. Brunk финансовым директором, он вступит в должность 1 апреля 2021 г.«Я работал с Джимом много лет и я уверен, что он отлично справится с работой в качестве финансового директора, – сказал Jeff Lorberbaum, председатель совета директоров и главный исполнительный директор компании Mohawk. -Он обладает глубокими знаниями наших операций по всему миру, и он положительно повлияет на результаты нашей деятельности. Его опыт в области финансового планирования и анализа, слияний и поглощений, бухгалтерского учета и отношений с инвесторами был накоплен на протяжении трех десятилетий его карьеры».С мая 2009 года 55-летний Brunk работал корпоративным контролером и главным бухгалтером компании Mohawk. Он присоединился...

Crystal Bay, Nevada, Feb. 11, 2021 (GLOBE NEWSWIRE) — Evo Acquisition Corp. (the “Company”) (NASDAQ: EVOJU), announced the closing of its upsized initial public offering of 12,500,500 units, at $10.00 per unit, including 1,630,500 units pursuant to the full exercise of the underwriters’ over-allotment option. The offering was priced at $10.00 per unit, resulting in gross proceeds of $125,005,000.The Company is 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. While the Company may pursue an initial business combination target in any business or industry, it intends to focus its search on companies in the technology and financial sectors, including companies with a nexus to Japan....

(All monetary figures are expressed in U.S. dollars unless otherwise stated)TORONTO, Feb. 11, 2021 (GLOBE NEWSWIRE) — Dundee Precious Metals Inc. (TSX: DPM) (“DPM” or the “Company”) today announced its operating and financial results for the fourth quarter and twelve months ending December 31, 2020.Annual Financial and Operating Highlights:Record gold production – Strong operating performance continued in the fourth quarter and contributed to record gold annual production of 298,289 ounces, at the top end of 2020 guidance. Copper production of 35.6 million pounds was in line with 2020 guidance;Solid smelter performance – Achieved throughput of 231,890 tonnes at Tsumeb, in line with 2020 guidance;Strong cost performance at all operations – Cost of sales of $330.9 million, up $36.4 million from 2019 reflecting a full year of operation...

CHARLOTTESVILLE, Va., Feb. 11, 2021 (GLOBE NEWSWIRE) — Diffusion Pharmaceuticals Inc. (NASDAQ: DFFN) (“Diffusion” or the “Company”), an innovative clinical stage biopharmaceutical company developing novel therapies to enhance the diffusion of oxygen to tissues with low oxygen levels, announced today that it has entered into an underwriting agreement with H.C. Wainwright & Co. under which the underwriter has agreed to purchase on a firm commitment basis 9,756,098 shares of common stock of the Company at a price to the public of $1.025 per share, less underwriting discounts and commissions. The closing of the offering is expected to occur on or about February 17, 2021, subject to satisfaction of customary closing conditions.H.C. Wainwright & Co. is acting as the sole book-running manager for the offering.The Company also...

Amendment reflects increasing bondholder support of 92%Conversion price of new notes set at high end of collar at $3.00, protecting shareholder equityHOUSTON, Feb. 11, 2021 (GLOBE NEWSWIRE) — ION Geophysical Corporation (NYSE: IO) today announced an amendment to the Restructuring Support Agreement that, together with a separate support agreement with Mr. James Lapeyre, reflects increasing bondholder support to 92%, from 84% at the time of the initial announcement, and includes finalized pricing terms. Based on the 20 trading day VWAP since the initial announcement, the price to purchase new shares of stock through the rights offering was set at $2.57 and the conversion price of the new 8% Senior Secured Second Priority Notes due 2025 (the “New Notes”) was set at the high end of the collar at $3.00.  The Company also entered into...