Day: March 11, 2021
NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICESHALIFAX, Nova Scotia, March 11, 2021 (GLOBE NEWSWIRE) — NOVA LEAP HEALTH CORP. (TSXV: NLH) (“Nova Leap” or “the Company”), a home health care organization ranked #2 on the 2020 Report on Business ranking of Canada’s Top Growing Companies, is pleased to announce the release of financial results for the year ended December 31, 2020. All amounts are in United States dollars unless otherwise specified.Nova Leap Fourth Quarter and Year End Financial ResultsFinancial results for the three and twelve months ended December 31, 2020 include the following:Cash balance of $2,778,845 at December 31, 2020 was the second highest reported cash balance in the Company’s history and was an increase of 69.9% over the cash balance of $1,635,211 at December 31, 2019;Operating...
Leading Independent Proxy Advisory Firms ISS and Glass Lewis Recommend Shareholders of QMX Gold Corporation Vote FOR its Proposed Plan of Arrangement with Eldorado Gold Corporation
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TORONTO, March 11, 2021 (GLOBE NEWSWIRE) — QMX Gold Corporation (TSX-V: QMX) (“QMX” or the “Company”) is pleased to announce that both Institutional Shareholder Services Inc. (“ISS”) and Glass, Lewis & Co., LLC (“Glass Lewis”) have recommended that holders (the “QMX Shareholders”) of common shares of the Company (the “Shares”) vote FOR the proposed plan of arrangement (the “Arrangement”) with Eldorado Gold Corporation (“Eldorado”). ISS and Glass Lewis are leading independent proxy advisory firms who provide voting recommendations to institutional shareholders.Pursuant to the Arrangement, each QMX Shareholder (other than Eldorado and any dissenting QMX Shareholders) will receive, in exchange for each Share held, (i) C$0.075 in cash and (ii) 0.01523 of an Eldorado common share (the “Consideration”).Favourable ISS and Glass Lewis...
Namaste Technologies Provides Corporate Update
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– CannMart Inc. Receives Health Canada Licence RenewalTORONTO, March 11, 2021 (GLOBE NEWSWIRE) — Namaste Technologies Inc. (“Namaste” or the “Company”) (TSXV: N) (FRANKFURT: M5BQ) (OTCMKTS: NXTTF) a marketplace platform for cannabis and wellness products, is pleased to provide the following corporate updates including that its wholly owned subsidiary CannMart Inc. has received Health Canada’s renewal for its standard processing and sale for medical purposes under the Cannabis Regulations. The renewed licence is effective as of March 11, 2021.“We are pleased with the renewal from Health Canada of our licence for standard processing and sale for medical purposes in Canada,” said Meni Morim, CEO of Namaste. “The CannMart team has done a tremendous job growing our business over the past year as they are focussed on bringing new...
ISS Reaffirms Recommendation FOR Pending Acquisition of QEP Resources by Diamondback Energy
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DENVER, March 11, 2021 (GLOBE NEWSWIRE) — QEP Resources, Inc. (NYSE: QEP) (QEP or the Company) today announced that Institutional Shareholder Services (ISS) has reaffirmed its previous recommendation of support for the proposed acquisition of QEP by Diamondback Energy, Inc. (Nasdaq: FANG) (Diamondback), citing the transaction’s “credible strategic rationale and multiple levers for value creation.”The proposed acquisition continues to receive high levels of support from QEP shareholders and the Company continues to recommend its shareholders vote in favor of this compelling and value-creating transaction at the quickly approaching Special Meeting of QEP stockholders on March 16, 2021 (Special Meeting).The Company believes this strategic merger with Diamondback is the best path forward to maximize both immediate and long-term value...
Seacor Marine Announces Fourth Quarter 2020 Results
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HOUSTON, March 11, 2021 (GLOBE NEWSWIRE) — SEACOR Marine Holdings Inc. (NYSE:SMHI) (the “Company” or “SEACOR Marine”), a leading provider of marine and support transportation services to offshore energy facilities worldwide, today announced results for its fourth quarter and full year ended December 31, 2020.Notable fourth quarter items include:Entered into definitive agreement to sell Windcat Workboat Holdings Ltd. (“Windcat”) and its crew transfer business with the transaction closing on January 12, 2021. SEACOR Marine received net cash proceeds of approximately US$42.6 million. The buyer also assumed all of the approximately GBP£20.4 million of debt outstanding under Windcat’s existing revolving credit facility. SEACOR Marine recognized a gain on the sale of approximately US$22.8 million, which will be reflected in SEACOR Marine’s...
Reviva Pharmaceuticals Holdings, Inc. to Present at the Maxim Group Inaugural 2021 Emerging Growth Virtual Conference
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CUPERTINO, Calif., March 11, 2021 (GLOBE NEWSWIRE) — Reviva Pharmaceuticals Holdings, Inc. (NASDAQ: RVPH) (along with its subsidiaries, “Reviva” or the “Company”), a clinical-stage pharmaceutical company developing therapies that seek to address unmet medical needs in the areas of central nervous system (CNS), cardiovascular, metabolic, and inflammatory diseases, today announced that it will present at the Maxim Group Inaugural Emerging Growth Virtual Conference hosted by M-Vest.The Maxim Group conference will take place March 17-19, 2021, with pre-recorded presentations available on-demand through the conference portal here: Inaugural Emerging Growth Virtual Conference. In addition to Reviva’s pre-recorded presentation, the Company will also participate in a live fireside chat with Jason McCarthy (details below).Date: Wednesday,...
FTAC Parnassus Acquisition Corp. Announces Pricing of $220,000,000 Initial Public Offering
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PHILADELPHIA, PA, March 11, 2021 (GLOBE NEWSWIRE) — FTAC Parnassus Acquisition Corp. (NASDAQ:FTPAU) (the “Company”), a blank-check company formed for the purpose of acquiring or merging with one or more technology and financial services technology companies, today announced the pricing of its initial public offering of 22,000,000 units at a price of $10.00 per unit, for gross proceeds to the Company of $220,000,000. The Company’s units will be listed on the Nasdaq Capital Market under the symbol “FTPAU” and will begin trading on March 12, 2021. Each unit issued in the offering consists of one share of Class A common stock of the Company and one-fourth 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...
Alcanna Inc. Announces Timing of 2020 Fourth Quarter and Fiscal Year End Earnings Release
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EDMONTON, Alberta, March 11, 2021 (GLOBE NEWSWIRE) — Alcanna Inc. (the “Company” or “Alcanna”) (TSX: CLIQ) today announced that it plans to release its 2020 fourth quarter and fiscal year ended December 31, 2020 financial results after markets close on March 25, 2021.Management will conduct a conference call on March 26, 2021 at 12:00p.m. ET (10:00a.m. MT) to discuss its financial results. To participate, please dial (416) 406-0743 or (800) 806-5484 and use the required participant access code: 7494265#. The playback will be made available approximately four hours after the event at (905) 694-9451 or (800) 408-3053, required access code: 3883793#.ABOUT ALCANNA INC.Alcanna is one of the largest private sector retailers of alcohol and cannabis in North America and the largest in Canada by number of stores – operating 197 alcohol retail...
Big Screen Entertainment Group Expands Original Programming Lineup With 2 New Completed Projects – One About Marilyn Monroe and Another Celebrating Doctor Who
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BEVERLY HILLS, Calif., March 11, 2021 (GLOBE NEWSWIRE) — As streaming continues to dominate industry expansion, Big Screen Entertainment Group (OTC: BSEG) has launched new original shows on its own thriving digital platform, Big Stream Entertainment.The first, “Marilyn & Sinatra” is a filmed version of a hit play about the little-known relationship between the two showbiz legends which sold out at theatres in London, Los Angeles, and New York. The acclaimed production, starring Erin Gavin as Marilyn Monroe and Jeff Bratz as Frank Sinatra, continues a recent industry trend, including the likes of “Hamilton,” for streaming stage productions.The second completed project sees beloved actor Sylvester McCoy, who so memorably played the seventh incarnation of TV’s Doctor Who, discussing the creatures he battled in the BBC sci-fi series...
UPDATE: Foghorn Therapeutics to Present Poster and Chair a Panel at the AACR Annual Meeting 2021
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CAMBRIDGE, Mass., March 11, 2021 (GLOBE NEWSWIRE) — Foghorn Therapeutics Inc. (Nasdaq: FHTX), a company pioneering the discovery and development of a new class of medicines targeting genetically determined dependencies within the chromatin regulatory system, today announced that the company will present a poster and chair a panel at the American Association for Cancer Research (AACR) Annual Meeting 2021, which is being held virtually from April 10-15.Poster Details:Title: Discovery of novel BAF inhibitors for the treatment of transcription factor-driven cancersAbstract: 1224Session: PO.ET01.05 – New TargetsDate and time: This poster will be available on demand beginning 8:30AM on Saturday, April 10Summary: The BRG/Brahma-associated factors (BAF) family of chromatin remodeling complexes regulates the chromatin landscape of...