Day: May 6, 2021

VANCOUVER, British Columbia, May 05, 2021 (GLOBE NEWSWIRE) — SouthGobi Resources Ltd. (TSX: SGQ, HK: 1878) (“SouthGobi” or the “Company”) wishes to inform the shareholders of the Company and potential investors that, based on the Company’s preliminary assessment of the unaudited management accounts of the Company for the quarter ended 31 March 2021 and the information currently available to the Company, it is expected that the Company would record a net profit at a range between USD 10 million and USD 14 million for the quarter ended 31 March 2021, as compared to a net loss of USD 9.2 million for the corresponding period in 2020. The expected increase in net profit is mainly attributed to the increase in coal prices and coal sales volume during the first quarter of 2021; and the finance income recorded as a result of the execution...

CALGARY, Alberta, May 05, 2021 (GLOBE NEWSWIRE) — Badger Infrastructure Solutions Ltd. (formerly Badger Daylighting Ltd) (“Badger” or “the Company”) announced that all of the motions put forward at its annual and special meeting of shareholders held on May 5, 2021 (the “Meeting”) were approved by shareholders. Pursuant to the requirements of the Toronto Stock Exchange, the Company is issuing this news release to summarize the voting results in respect of the Meeting. A total of 28,985,741 common shares of the Company, representing approximately 83.16% of the outstanding common shares, were represented in person or by proxy at the Meeting. The nine director nominees proposed by management were elected by ballot at the Meeting. Proxies and in person votes were received as follows:  Votes For %   Votes Withheld %  Glen Roane 27,846,202 96.28 % 1,075,810 3.72 %Catherine...

LA JOLLA, Calif., May 05, 2021 (GLOBE NEWSWIRE) — MediciNova, Inc., a biopharmaceutical company traded on the NASDAQ Global Market (NASDAQ:MNOV) and the JASDAQ Market of the Tokyo Stock Exchange (Code Number: 4875), today announced that it has received a Notice of Intention to Grant from the European Patent Office for a pending patent application which covers the combination of MN-166 (ibudilast) and riluzole for the treatment of amyotrophic lateral sclerosis (ALS). Once issued, the patent maturing from this allowed patent application is expected to expire no earlier than November 2035. The allowed claims cover the combination of MN-166 (ibudilast) and riluzole for use in a method of treating a patient with ALS wherein the treatment results in stabilization of the patient’s scleroses state.   The allowed claims cover a wide range...

CALGARY, Alberta, May 05, 2021 (GLOBE NEWSWIRE) — Black Diamond Group Limited (“Black Diamond”, the “Company” or “we”), (TSX:BDI), a leading provider of space rental and workforce accommodation solutions, today announced its operating and financial results for the three months ended March 31, 2021 (the “Quarter”) compared with the three months ended March 31, 2020 (the “Comparative Quarter”). All financial figures are expressed in Canadian dollars. In the first quarter of 2021, Black Diamond reported consolidated revenue of $65.8 million, Adjusted EBITDA of $13.3 million, and core rental revenue of $21.4 million. Key Highlights from the First Quarter of 2021Generated consolidated revenue of $65.8 million and Adjusted EBITDA of $13.3 million, up 46% and 34% from the Comparative...

CALGARY, Alberta, May 05, 2021 (GLOBE NEWSWIRE) — Athabasca Oil Corporation (TSX: ATH) (“Athabasca” or the “Company”) announces that all matters presented for approval at the Annual General and Special Meeting of Shareholders held May 5, 2021 have been fully authorized and approved. The items on the agenda included fixing the number of directors to be elected at seven, electing seven proposed director nominees, appointment of Ernst & Young LLP as auditors, approval of the amendment and reconfirmation of the Company’s shareholder rights plan and approval of the omnibus long term incentive plan. The results of the voting, inclusive of all votes cast and proxies received for each director nominee, which was conducted by ballot, are as follows:Nominee Votes For Votes WithheldNo. % No. %Ronald Eckhardt 100,792,424 97.6 2,494,054 2.4Bryan...