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Month: April 2021

Plateau Energy Metals Reminds Security Holders of Deadline to Vote at Special Meeting

TORONTO, April 26, 2021 (GLOBE NEWSWIRE) — Plateau Energy Metals Inc. (“Plateau” or the “Company”) (TSX-V: PLU | OTCQB: PLUUF) would like to remind all eligible shareholders and optionholders (collectively, the “Securityholders”) of the Company that the deadline to vote their common shares and stock options in advance of the special meeting (the “Special Meeting”) of Securityholders is 10:00 a.m. (Toronto time) on April 29, 2021. The Special Meeting will be held in virtual format on May 3, 2021 at 10:00 a.m. (Toronto time) to approve the Company’s business combination (the “Arrangement”) with American Lithium Corp. (“American Lithium”) announced February 9, 2021.   Securityholders are encouraged to review and consider the information circular in connection with the Special Meeting. A copy of the information circular and all other...

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Emerging Markets Report: Salad Days Ahead for Lithium

ORLANDO, Fla., April 26, 2021 (GLOBE NEWSWIRE) — While doing our usual research for Lithium South Development Corporation (TSX-V: LIS) (OTCQB: LISMF) (Frankfurt OGPQ) a recent article from Forbes really stood out amid the various other commentaries and reporting. If you’re a fan of lithium companies like Lithium South Development Corp or the lithium industry, it’s a must read in full at this link. Short of that, let’s take a succinct look at how the author arrives at the conclusion that lithium is headed for very good times or ‘salad days’ as he calls them. Here are a few critical excerpts:The burgeoning green revolution is driving the need for lithium which is used in most Electric Vehicles (EV.) Lithium demand is expected to more than double by 2024. Europe now uses more lithium to power vehicles than diesel and gasoline may...

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Emerging Markets Report: The Rich Get Richer

An Emerging Markets Sponsored Commentary ORLANDO, Fla., April 26, 2021 (GLOBE NEWSWIRE) — Blockbuster news out of Core One Labs Inc. (CSE:COOL)(OTC PINK:CLABF)(FRA:LD62)(WKN:A2P8K3) this past weekend. As you’ll recall Core One is a biotechnology research and development life sciences enterprise focused on advancing psychedelic medicines to market. The Company already has an impressive footprint in the rapidly expanding psychedelic treatment category with novel drug delivery methods, therapies, and more. Most notably, the Company has developed a proprietary, patent-pending technique to create pharmaceutical grade psilocybin at a fraction of the price. That alone could be a game changer. But Saturday’s news regarding the signing of a Letter of Intent to acquire another company with a fantastic portfolio of psychedelic-based pharmaceuticals...

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Tier-1 Telco in Latin America Awards Gilat Over $3M to Provide Broadband Connectivity in Support of Bridging the Digital Divide

PETAH TIKVA, Israel, April 26, 2021 (GLOBE NEWSWIRE) — Gilat Satellite Networks Ltd. (NASDAQ, TASE: GILT), a worldwide leader in satellite networking technology, solutions and services, announced today that a Tier-1 Telco in Latin America awarded Gilat over $3M to provide broadband connectivity over satellite to support bridging the digital divide. The project includes thousands of VSATs to be deployed in remote schools to further children’s education in Latin America and is expected to expand further. Gilat’s SkyEdge II-c network was chosen due to its vast experience and expertise in delivering high-quality broadband connectivity and in deploying tens of thousands of VSATs for Universal Service Obligation (USO) projects throughout Latin America and in the world at large. A photo accompanying this announcement is available...

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uniQure Announces FDA Removes Clinical Hold on Hemophilia B Gene Therapy Program

LEXINGTON, Mass. and AMSTERDAM, The Netherlands, April 26, 2021 (GLOBE NEWSWIRE) — uniQure N.V. (NASDAQ: QURE), a leading gene therapy company advancing transformative therapies for patients with severe medical needs, announced today that the U.S. Food and Drug Administration (FDA) has removed the clinical hold on the Company’s hemophilia B gene therapy program after determining the Company satisfactorily addressed all issues identified by the FDA related to a single patient diagnosed with hepatocellular carcinoma (HCC) in the HOPE-B pivotal trial. “Patient safety is our top priority, and we are grateful to our advisors and the FDA for their help in resolving this clinical hold,” stated Ricardo Dolmetsch, Ph.D., president of research and development at uniQure. “Our comprehensive investigation showed that AMT-061 (etranacogene dezaparvovec)...

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Fortuna and Roxgold Agree to Business Combination Creating a Low-Cost Intermediate Global Precious Metals Producer

Creating a low-cost platform for gold and silver production growth in the world’s fastest growing precious metals producing regions Anticipated annual gold equivalent1production profile of approximately 450,0001,2,7ounces AISC3of approximately US$9505per gold equivalent ounce with a declining cost profile Extensive brownfield and greenfield organic growth potential supported by a large base of Mineral Reserves and Mineral Resources in Latin America and West Africa Lower cost of capital and strong balance sheet to fund the construction of the Séguéla gold Project in Côte d’Ivoire, advance exploration of the Boussoura gold Project in Burkina Faso as well as other organic and external growth opportunitiesVANCOUVER, British Columbia, April 26, 2021 (GLOBE NEWSWIRE) — Fortuna Silver Mines Inc. (“Fortuna” or the “Company”) (NYSE: FSM)...

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FLYHT Announces Resolution of Claim

CALGARY, Alberta, April 26, 2021 (GLOBE NEWSWIRE) — FLYHT Aerospace Solutions Ltd. (TSX-V: FLY) (OTCQX: FLYLF) (the “Company” or “FLYHT”) announced today that the Company has executed a settlement agreement and mutual release (in respect of any claims between the parties) in respect of the litigation between Thomas R. Schmutz (former CEO of FLYHT) and the Company, as first announced on June 30, 2020. The parties have agreed upon a final settlement whereby FLYHT will pay Mr. Schmutz $225,000 CAD and 250,000 common shares in FLYHT. All of the common shares issued pursuant to the settlement agreement are subject to a 4-month hold period. The settlement is conditional upon final approval for the issuance of the common shares by the TSX Venture Exchange. About FLYHT Aerospace Solutions Ltd. FLYHT provides airlines with Actionable Intelligence...

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Ocwen Financial Schedules Conference Call – Preliminary First Quarter 2021 Results and Business Update

WEST PALM BEACH, Fla., April 26, 2021 (GLOBE NEWSWIRE) — Ocwen Financial Corporation (NYSE: OCN) (“Ocwen” or the “Company”), a leading non-bank mortgage servicer and originator, today announced that it will hold a conference call on Thursday, April 29, 2021 at 8:30 a.m. (ET) to review the Company’s preliminary first quarter 2021 operating results and provide a business update. All interested parties are welcome to participate. You can access the conference call by dialing (877) 407-0792 or (201) 689-8263 approximately 10 minutes prior to the call. Participants can also access the conference call through a live audio webcast available from the Shareholder Relations page at www.ocwen.com under Events and Presentations. An investor presentation will accompany the conference call and be available by visiting the Shareholder Relations...

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Dorman Products, Inc. Reports First Quarter 2021 Results

Highlights:Net sales of $288.0 million, up 12% as compared to $257.7 million in Q1 2020. Diluted earnings per share (“EPS”) of $1.02 up 46% as compared to $0.70 in Q1 2020. Adjusted diluted EPS* of $1.04, up 58% as compared to $0.66 in Q1 2020. Dorman’s strong balance sheet and ample liquidity provide solid foundation for growth. For fiscal 2021, the Company expects net sales growth between 9%-12%, diluted EPS of between $4.32 and $4.52, and adjusted diluted EPS* of between $4.40 and $4.60.COLMAR, Pa., April 26, 2021 (GLOBE NEWSWIRE) — Dorman Products, Inc. (the “Company” or “Dorman”) (NASDAQ:DORM), a leading supplier in the automotive aftermarket industry, today announced its financial results for the first quarter ended March 27, 2021. First Quarter Financial ResultsThe Company reported first quarter 2021 net sales of $288.0...

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Alm. Brand A/S: Result of Annual General Meeting

Company announcement no. 6/2021 Result of annual general meeting held on 26 April 2021 The annual general meeting of Alm. Brand A/S held today was conducted in accordance with the agenda and the complete proposals submitted by the Board of Directors. The Annual Report for 2020 was approved, and discharge was granted to the Board of Directors and the Management Board. Moreover, the shareholders adopted the resolution proposed by the Board of Directors that the profit for the year of DKK 616 million be appropriated to the effect that dividends of DKK 4.00 per share be paid. The shareholders also adopted the resolution proposed by the Board of Directors that a dividend of DKK 3.00 per share for the 2019 financial year be paid, resulting in a total dividend payout of DKK 7.00 per share. The resolution proposed by the Board of Directors that...

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