Day: May 4, 2021

Aquestive Therapeutics Reports First Quarter 2021 Financial Results and Provides Business Update

Aquestive Therapeutics Reports First Quarter 2021 Financial Results and Provides Business Update

On track to refile Libervant™ (diazepam) Buccal Film New Drug Application (NDA) by end of second quarter 2021 Initiated first-in-human Phase 1 pharmacokinetic (PK) study for AQST-109 epinephrine sublingual film candidate Sympazan® (clobazam) continues to meet key performance metrics and gain market share Hosts conference call at 8:00 a.m. ET on May 5, 2021 WARREN, N.J., May 04, 2021 (GLOBE NEWSWIRE) — Aquestive Therapeutics, Inc. (NASDAQ:AQST), a pharmaceutical company focused on developing and commercializing differentiated products that address patients’ unmet needs and solve therapeutic problems, today reported financial results for the first quarter ended March 31, 2021 and provided an update on recent developments in its business. “We are focused on continuing to make progress this year in advancing our proprietary products....

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Trailbreaker Resources Closes Financing

Trailbreaker Resources Closes Financing

VANCOUVER, British Columbia, May 04, 2021 (GLOBE NEWSWIRE) — Trailbreaker Resources Ltd. (TBK.V) (“Trailbreaker” or “the Company”) is pleased to announce that, subject to regulatory approval, it has closed their private placement financing consisting of Hard Dollar Units and Flow-Through Units, for total gross proceeds of $1,048,610, an increase of $48,610 more than originally anticipated. Both offerings received support from strategic accredited investors. The Company has closed on 800,000 non-flow-through Units for gross proceeds of $200,000 (the “Units”), each $0.25 Unit priced consisting of 1 common share of the Company and 1 common share purchase warrant (the “Unit Warrants”), each Unit Warrant being exercisable for an additional common share of the Company at $0.39 for 24 months from closing, subject to the right of the Company...

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DMC Global Announces Pricing of Public Offering of Common Stock

DMC Global Announces Pricing of Public Offering of Common Stock

BROOMFIELD, Colo., May 04, 2021 (GLOBE NEWSWIRE) — DMC Global Inc. (Nasdaq: BOOM) (“DMC Global”) today announced the pricing of its underwritten public offering of 2,500,000 shares of common stock at a public offering price of $45.00 per share. DMC Global has also granted the underwriters a 30-day option to purchase up to 375,000 additional shares of common stock on the same terms. The gross proceeds to DMC Global from this offering are expected to be approximately $112.5 million, before deducting the underwriting discounts and commissions and other estimated offering expenses payable by DMC Global, and assuming no exercise of the underwriters’ option to purchase additional shares of common stock. The offering is expected to close on or about May 7, 2021, subject to satisfaction of customary closing conditions. All of the shares...

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Sound Community Bank Welcomes Residential Loan Officers

Sound Community Bank Welcomes Residential Loan Officers

SEATTLE, May 04, 2021 (GLOBE NEWSWIRE) — Sound Community Bank (“The Bank”) welcomes Shanna Frazer, Ken Wenglewski, Casey Hendrickson, and Saundra Gregory as Residential Loan Officers. At the University Place Branch, the Bank welcomes Frazer and Wenglewski. Frazer has over 8 years experience at banks and credit unions. She offers solutions enabling clients to achieve their goals of home ownership. Frazer enjoys the beautiful Pacific Northwest while raising her five children. Wenglewski brings over 20 years experience in a variety of roles including a start-up, banking, non-profit work, and construction. Working with Wenglewski means full transparency and fun along the way. He is married with children, appreciates world travel, and writing theatrical music in her personal studio. The University Place Branch is located at 4922 Bridgeport...

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ISC Obtains Receipt for Final Base Shelf Prospectus

ISC Obtains Receipt for Final Base Shelf Prospectus

REGINA, Saskatchewan, May 04, 2021 (GLOBE NEWSWIRE) — Information Services Corporation (TSX:ISV) (“ISC” or the “Company”) has today received a receipt for the final short form base shelf prospectus filed with the securities regulatory authorities in each province and territory of Canada, other than Québec. This filing will allow the Company to make offerings of common shares, preferred shares, debt securities, subscription receipts, units, warrants, or any combination thereof of up to CAD$200 million during the next 25 months. The filing of the shelf prospectus is expected to provide flexibility going forward for the Company to execute against its stated business objectives. The net proceeds from any offerings under the shelf prospectus will be used as specified in the corresponding prospectus supplement, which could include for...

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Cocrystal Pharma Announces $40 Million Bought Deal Offering of Common Stock

Cocrystal Pharma Announces $40 Million Bought Deal Offering of Common Stock

BOTHELL, Wash., May 04, 2021 (GLOBE NEWSWIRE) — Cocrystal Pharma, Inc. (Nasdaq: COCP), (“Cocrystal” or the “Company”), a clinical-stage biotechnology company discovering and developing novel antiviral therapeutics that target the replication machinery of influenza viruses, coronaviruses, hepatitis C viruses and noroviruses, today announced that it has entered into an underwriting agreement with H.C. Wainwright & Co., LLC under which the underwriter has agreed to purchase on a firm commitment basis 26,000,000 shares of common stock of the Company, at a price to the public of $1.54 per share, less underwriting discounts and commissions. The closing of the offering is expected to occur on or about May 7, 2021, subject to satisfaction of customary closing conditions. H.C. Wainwright & Co. is acting as the sole book-running...

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CORRECTION -- Avista joins lawsuit to Challenge Montana Statute

CORRECTION — Avista joins lawsuit to Challenge Montana Statute

Pacific Northwest Colstrip Owners take legal action over newly signed senate bill SPOKANE, Wash., May 04, 2021 (GLOBE NEWSWIRE) — In the release issued earlier today by Avista Corporation, please note that the company is not pursuing legal action against the State of Montana. Rather, the company is taking legal action against a recently-enacted statute in the state. The headline has been corrected and the updated news release follows: Avista Corporation took legal action to challenge a statute recently enacted in the State of Montana today, filing a lawsuit with the Pacific Northwest Colstrip owners—Puget Sound Energy, PacifiCorp and Portland General Electric—after Montana Governor Gianforte signed Senate Bills 265 and 266 into law. “As we shared in a letter to Governor Gianforte last month, we believe Senate Bills 265 and 266...

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Midland States Bancorp, Inc. Declares Quarterly Cash Dividend of $0.28 Per Share

Midland States Bancorp, Inc. Declares Quarterly Cash Dividend of $0.28 Per Share

EFFINGHAM, Ill., May 04, 2021 (GLOBE NEWSWIRE) — Midland States Bancorp, Inc. (NASDAQ: MSBI) announced today that its Board of Directors declared a quarterly cash dividend of $0.28 per share. The dividend is payable on or about May 21, 2021 to all shareholders of record as of the close of business on May 14, 2021. About Midland States Bancorp, Inc. Midland States Bancorp, Inc. is a community-based financial holding company headquartered in Effingham, Illinois, and is the sole shareholder of Midland States Bank. As of March 31, 2021, the Company had total assets of approximately $6.88 billion, and its Wealth Management Group had assets under administration of approximately $3.56 billion. Midland provides a full range of commercial and consumer banking products and services and business equipment financing, merchant credit card services,...

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Certara Launches Secondary Intelligence™ Software to Predict Risk of Unwanted Side Effects of Drug Candidates Earlier

Certara Launches Secondary Intelligence™ Software to Predict Risk of Unwanted Side Effects of Drug Candidates Earlier

First-of-its-kind software predicts likelihood of off-target safety issues that could impede clinical progress PRINCETON, N.J., May 04, 2021 (GLOBE NEWSWIRE) — Certara, Inc. (Nasdaq: CERT), the global leader in biosimulation, today announced the launch of its Secondary Intelligence™ software, the first and only software that quantitatively predicts the risk of adverse effects and safety issues derived from secondary pharmacology that may impede the clinical development of a drug. Safety issues account for approximately one quarter of candidate attrition in drug development projects. They can arise from either intended or unintended drug-receptor interactions, also known as primary or secondary pharmacology, respectively. Secondary pharmacological profiling is increasingly applied by drug developers and assessed by regulators to...

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Kirkland Lake Gold Reports New Wide, High-Grade Intersections at Detour Lake

Kirkland Lake Gold Reports New Wide, High-Grade Intersections at Detour Lake

Figure 1. Detour Lake Mine – Property Plan View Figure 2. Detour Lake Mine – Longitudinal View Figure 3. Detour Lake Mine – Saddle Zone – Plan View Results Highlight Significant Potential for Mineral Resource Growth Between the Existing Main Pit and Planned West Pit Location, at Depth and to the West New high-grade intersections near bottom of Mineral Resource pit shell in Saddle Zone highlight potential for growth in open-pit and underground Mineral Resources Key intercepts(1): 1.13 gpt(2) over 155.1 metres (“m”); 9.02 gpt over 13.0 m; 1.56 gpt over 70.2 m, incl. 7.49 gpt over 5.3 m; 1.37 gpt over 43.1 m, incl. 12.17 gpt over 3.0 m; 31.91 gpt over 5.0 m; 2.21 gpt over 26.0 m, incl. 5.15 gpt over 8.0 m; 1.9 gpt over 32.7 m, incl. 15.07 gpt over 2.1 m; 1.01 gpt over 42.6 m Drilling in Central...

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