Day: March 25, 2021
Fully funded ̴C$17m budget approved for 2021, focused on new discovery, resource definition and growth through intensive drilling and fast-tracked development studies.75,000m, 9-rig drill program progressing well and includes:42,000m infill and resource definition drilling at Twin Hills Central (THC) and Clouds deposits
25,000m brownfields exploration to test 14 high-priority targets within 10km radius of THC
8,000m scout drilling to test high-priority regional exploration targets35,000m of drilling already completed year-to-date (51,000m of drilling completed during 2020). Drill program to be reviewed and possibly increased as part of mid 2021 budget review.
Airborne Electromagnetic (EM) survey to commence during Q2, covering 110km2of the larger Karibib Basin and mineralised trends, including the Twin Hills Gold Project area.
Phase...
Black Diamond Therapeutics Reports Fourth Quarter and Full Year 2020 Financial Results and Provides Corporate Update
Written by Customer Service on . Posted in Earnings Releases And Operating Results.
Patient enrollment and dosing in the Phase 1/2 clinical trial of BDTX-189 continue to track in line with projections at initiation of the study, with dose-escalation portion on track to complete in first half of 2021; initiation of safety expansion cohort anticipated in the second quarter of 2021 with start of Phase 2 portion planned for second half of 2021
BDTX-1535, a brain-penetrant MasterKey inhibitor of EGFR mutations for glioblastoma multiforme (GBM) and solid tumors, including those that metastasize to the brain, is on track to enter the clinic in 2022
Pre-clinical data for MasterKey inhibitors targeting proprietary families of BRAF and FGFR2/3 mutations supporting differentiated profiles were presented at the European Society for Medical Oncology Targeted Anticancer Therapies Congress (ESMO TAT); programs continue to advance...
DECISIONS OF THE ANNUAL GENERAL MEETING OF SSH COMMUNICATIONS SECURITY CORPORATION
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DECISIONS OF THE ANNUAL GENERAL MEETING OF SSH COMMUNICATIONS SECURITY CORPORATION
The Annual General Meeting of SSH Communications Security Corporation took place at company HQ, Helsinki, Finland, today on 25 March 2021. In order to prevent the spread of the COVID-19 pandemic, the Annual General Meeting was held without shareholders’ and their proxy representatives’ presence at the venue of the meeting. The shareholders of the company participated in the meeting and exercised their shareholder’s rights by voting in advance. Annual General Meeting approved all the proposals made by the Board of Directors and the major shareholders to Annual General Meeting.
Annual General Meeting has unanimously adopted the financial statement and consolidated financial statement and granted discharge from liability to the Board members and CEOs who have...
SSH COMMUNICATIONS SECURITY OYJ:N VARSINAISEN YHTIÖKOKOUKSEN PÄÄTÖKSET
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SSH COMMUNICATIONS SECURITY OYJ:N VARSINAISEN YHTIÖKOKOUKSEN PÄÄTÖKSET
SSH Communications Security Oyj:n varsinainen yhtiökokous pidettiin tänään 25.3.2021 yhtiön pääkonttorilla Helsingissä. COVID-19 -pandemian leviämisen rajoittamiseksi varsinainen yhtiökokous järjestettiin ilman osakkeenomistajien tai näiden asiamiesten läsnäoloa kokouspaikalla. Yhtiön osakkeenomistajat osallistuivat kokoukseen ja käyttivät osakkeenomistajan oikeuksiaan äänestämällä ennakkoon. Yhtiökokous hyväksyi kaikki hallituksen ja suurimpien osakkeenomistajien yhtiökokoukselle tekemät ehdotukset.
Yhtiökokous on yksimielisesti vahvistanut tilinpäätöksen ja konsernitilinpäätöksen sekä myöntänyt vastuuvapauden tilikauden 1.1.2020 – 31.12.2020 aikana toimineille hallituksen jäsenille sekä toimitusjohtajille.
Yhtiökokous päätti, että emoyhtiön tilinpäätöksen osoittama...
PHX Energy Services Corp. Announces It Has Entered a Technology Partnership With National Energy Services Reunited Corp.
Written by Customer Service on . Posted in Public Companies.
CALGARY, Alberta, March 25, 2021 (GLOBE NEWSWIRE) — PHX Energy Services Corp. (“PHX Energy” or the “Corporation“) (TSX: PHX) is pleased to announce it has entered into a technology partnership (the “Partnership”) with National Energy Services Reunited Corp (“NESR”) (NASDAQ: NESR). Pursuant to the Partnership, PHX Energy will provide its premium downhole technology, namely the Corporation’s Atlas High Performance Motors (“Atlas”) and Velocity Systems, for use in NESR’s directional drilling operations in the Middle East and North Africa (“MENA”).
PHX Energy’s high-performance fleet of equipment is widely recognized in North America for its increased reliability and operating advantages that deliver faster drilling and increased efficiency at the well site. This reputation has led PHX Energy to grow its US market...
Aleafia Health Reports 2020 Year End Results, Record Quarterly Revenue
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233% increase in Q/Q cannabis net revenue
$4.3 million positive adjusted EBITDA in Q4 2020
42% and 501% increase in Q/Q medical cannabis and adult-use net revenue, respectively
Significant product portfolio expansion with 31 new SKUs launched since OctoberTORONTO, March 25, 2021 (GLOBE NEWSWIRE) — Aleafia Health Inc. (TSX: AH, OTC: ALEAF) (“Aleafia Health” or the “Company”) is pleased to report its financial results for the 2020 fourth quarter (“Q4 2020”) and fiscal year (“FY 2020”).
“Following the successful licensing of all three of our production facilities in 2020, we’ve now introduced innovative new cannabis derivative and dried flower formats under a distinct and compelling brand family,” said Aleafia Health CEO Geoffrey Benic. “Our expanded product portfolio is having an immediate impact, with record quarterly revenue...
Extended Stay America Comments on Acquisition Agreement
Written by Customer Service on . Posted in Mergers And Acquisitions.
CHARLOTTE, N.C., March 25, 2021 (GLOBE NEWSWIRE) — Extended Stay America, Inc. (“ESA”) and its paired-share REIT, ESH Hospitality, Inc. (“ESH” and together with ESA, the “Company”) (NASDAQ: STAY) today issued the following statement in connection with its previously announced definitive agreement to be acquired by a 50/50 joint venture between funds managed by Blackstone Real Estate Partners (“Blackstone”) and Starwood Capital Group (“Starwood Capital”) for $19.50 per paired share in an all-cash transaction valued at approximately $6 billion.
Bruce Haase, the Company’s Chief Executive Officer, stated:
“The Company’s management and the Boards believe this transaction provides a compelling and certain return for our shareholders. Management’s recommendation, and the Boards’ decision, to approve this transaction, reflected careful...
Jourdan Exercises Option to Acquire Lithium Property
Written by Customer Service on . Posted in Mergers And Acquisitions.
TORONTO, March 25, 2021 (GLOBE NEWSWIRE) — Jourdan Resources Inc. (TSXV: JOR) (“Jourdan” or the “Company”) is pleased to announce that on March 24, 2021, it exercised an option (the “Option”) to acquire a property known as the La Corne lithium property (“LaCorne”), which is adjacent to Jourdan’s other lithium mining properties located north of Val d’Or, Quebec. Please see the Company’s press release dated March 1, 2021, for more information about the Option, which is available on the Company’s SEDAR profile at www.sedar.com.
Pursuant to the option agreement effective March 1, 2021, Jourdan issued 1.5 million common shares of Jourdan (“Common Shares”) to the vendors of LaCorne. On March 1, 2022, Jourdan is required to make a final payment of C$100,000 in cash or, at Jourdan’s sole option, in Common Shares based on the greater of...
Emerging Markets Report: More Than a Milestone
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An Emerging Markets Sponsored Commentary
ORLANDO, Fla., March 25, 2021 (GLOBE NEWSWIRE) — Just last week, KWESST Micro Systems Inc. (TSXV: KWE) (OTCQB: KWEMF) made an announcement of a milestone moment for the Company. Indeed it was.
Regular readers will recall KWESST’s highly unique business model, which it self-describes as “…developing and commercializing high-value ultra-miniaturized technology applications that make a critical difference to the safety and operational effectiveness of personnel in the defense and security industries.”
If you get an extra moment, peruse the website to what we cannot describe fully here.
HomeNow, back to the milestone.
KWESST announced that it has successfully achieved an important milestone under the contract announced in December 2020 for a key military customer. This milestone entailed the...
ARKO Reports Fourth Quarter and Full Year 2020 Financial Results
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RICHMOND, Va., March 25, 2021 (GLOBE NEWSWIRE) — ARKO Corp. (Nasdaq: ARKO) (“ARKO” or the “Company”), a growing leader in the U.S. convenience store industry, today announced financial results for the fourth quarter and full year ended December 31, 2020.
Fourth Quarter and Full Year 2020 Key HighlightsNet earnings improvement of 66% for the quarter to a loss of $6.7 million compared to the prior quarter in 2019, and net income for the year of $30.1 million, an increase of 164%.
Operating cash flow generated of $47.3 million for the quarter, an increase of 774%, and $173.8 million for 2020, an increase of 302%.
Retail fuel margin for the quarter increase of 48% to 29.3 cents per gallon and increase for the full year of 54% to 31.9 cents per gallon, which more than offset reduced same stores gallons sold of 15.8% and 16.5% for the...