Day: May 28, 2021

LGBTQ Loyalty Announces $10M Financing Committment From NYC-based Investment Group

Written by Customer Service on May 28, 2021. Posted in Public Companies.

The funds will help empower the Company to advance its mission of creating equality-focused financial products and retire outstanding convertible notes WEST HOLLYWOOD, Calif., May 28, 2021 (GLOBE NEWSWIRE) — LGBTQ Loyalty Holdings, Inc. (OTC PINK: LFAP) (“LGBTQ Loyalty” or “the Company”), a diversity- and inclusion-driven financial methodology and data company, announces that it has entered into a securities purchase agreement for the sale of up to $10 million of its common stock, intended to advance the mission and vision of the Company and its financial products. The investment is backed by GHS Investments, LLC, a leading private investment and management group based in New York that has been providing financing solutions for high-potential smallcap enterprises for over six years. The Company will have the right...

Dassault Aviation: Croatia selects the Rafale

Written by Customer Service on May 28, 2021. Posted in Public Companies.

Croatia selects the Rafale (Saint-Cloud, France, May 28, 2021) – Croatia has selected the Rafale for its Air Force, following an international call for tenders as part of its Multi Role Fighter Aircraft (MRFA) program. The contract between the French and Croatian authorities will cover the acquisition of 12 Rafale previously in service with the French Air Force, as well as fleet support and training. Dassault Aviation and its partners are delighted with the choice of Croatia as a first-time user of a “Dassault aircraft” and the fifth Rafale export customer, and thank the Croatian authorities for their confidence. They commend the work done by the “France” team in the frame of the call for tenders and actively support the French authorities in finalizing the signature of this contract. This latest success in a competition...

Westport Fuel Systems to Acquire Stako sp. z o.o., a World Leader in the Manufacturing of Liquified Petroleum Gas Fuel Storage

Written by Customer Service on May 28, 2021. Posted in Mergers And Acquisitions.

Westport Fuel Systems broadens its offering by acquiring capability for liquified petroleum gas (also known as “LPG” or “Propane Autogas”) fuel storage manufacturing Bolt-on acquisition supports energy transition to cleaner fuels in emerging marketsVANCOUVER, British Columbia, May 28, 2021 (GLOBE NEWSWIRE) — Westport Fuel Systems Inc. (TSX | Nasdaq: WPRT) (“Westport Fuel Systems” or the “Company”) today announced that it has reached an agreement to acquire Stako sp. z o.o., (“Stako”), the liquid petroleum gas fuel storage manufacturing subsidiary of Worthington Industries Inc. (“Worthington”) in a transaction valued at €5 Million. Based in Słupsk, Poland, Stako is a world leading manufacturer of LPG fuel storage, supplying the aftermarket and original equipment manufacturer (“OEM”) market segments through a worldwide network...

PCI Biotech receives Orphan Drug Designation in South Korea for fimaporfin in the treatment of bile duct cancer

Written by Customer Service on May 28, 2021. Posted in Public Companies.

Oslo, 28 May 2021 – PCI Biotech (OSE: PCIB), a cancer focused biopharmaceutical company today announced that the Ministry of Food and Drug Safety (MFDS) in South Korea has granted Orphan Drug Designation to its lead product candidate, fimaporfin, for combination treatment with gemcitabine in patients with inoperable locally advanced or metastatic bile duct cancer (cholangiocarcinoma). No approved treatment alternatives exist today for the first-line treatment of patients with this disease and fimaChem (fimaporfin) has the potential to play a role in this area of high unmet medical need. “The RELEASE trial has in general shown promise with good recruitment activity in South Korea despite the Covid-19 pandemic. Receiving orphan status from the South Korean authorities is a key step in the development of this important new medicine for Asian...

Patagonia Gold First Quarter Financial Results

Written by Customer Service on May 28, 2021. Posted in Earnings Releases And Operating Results.

VANCOUVER, British Columbia, May 28, 2021 (GLOBE NEWSWIRE) — Patagonia Gold Corp. (“Patagonia” or the “Company”) (TSXV: PGDC) announces its results for the quarter ended March 31, 2021 (“Q1 2021”). The financial statements for Q1 2021 together with the related management’s discussion and analysis are available on the Company’s website and under the Company’s profile on SEDAR at www.sedar.com. HighlightsGenerated revenue of US$5.75 million and gross profits of US$2.28 million in Q1 2021. Produced 2,171 gold equivalent ounces (1) and sold 3,198 gold equivalent ounces (1). Received a definitive permit for the development of the Cap-Oeste gold/silver underground project. Closed C$9.3 million equity financing. Exercised the option to acquire a 100% interest in the Mina Angela project located in Chubut Province, Argentina.(1) ...

SHARC Energy Announces First Quarter 2021 Financial Results

Written by Customer Service on May 28, 2021. Posted in Earnings Releases And Operating Results.

VANCOUVER, British Columbia, May 28, 2021 (GLOBE NEWSWIRE) — SHARC International Systems Inc. (CSE: SHRC) (FSE: IWIA) (OTCQB: INTWF) (“SHARC Energy” or the “Company”) announces it has filed its financial results for the first quarter ended March 31, 2021. For complete financial information for the first quarter ended March 31, 2021, please see the Interim Financial Statements and Management Discussion and Analysis (“MD&A”) filed on SEDAR at www.sedar.com. All figures are in Canadian Dollars unless otherwise stated and in accordance with IFRS. First Quarter Highlights:Revenue for the three months ended March 31, 2021 (“Q1 2021”) was $0.19M representing an increase of $0.14M from the three months ended March 31, 2020 (“Q1 2020”).Loss for Q1 2021 is $0.85M compared to $0.87M for Q1 2020, a decrease of $0.02M.Adjusted...

Hartree Partners Completes Purchase of Controlling Interest in Sprague Resources

Written by Customer Service on May 28, 2021. Posted in Mergers And Acquisitions.

PORTSMOUTH, N.H., May 28, 2021 (GLOBE NEWSWIRE) — Sprague Resources LP (SRLP) (“Sprague”) and Hartree Partners, LP (“Hartree”) announced today that affiliates of Hartree have closed the purchase of the general partner interest, the incentive distribution rights and all of the common units representing limited partner interests (“Common Units”) that a subsidiary of Axel Johnson Inc. (“Axel Johnson”) had held in Sprague. The aggregate purchase price paid by Hartree to Axel Johnson was $290.0 million, consisting of (i) approximately $265.0 million attributable to the purchase of 16,058,484 Common Units, and (ii) approximately $25.0 million attributable to the general partner interest and incentive distribution rights. About Sprague Resources LPSprague Resources LP is a master limited partnership engaged in the purchase, storage, distribution...

Pyxis Tankers Announces Date for the Release of the First Quarter 2021 Results and Related Conference Call & Webcast

Written by Customer Service on May 28, 2021. Posted in Earnings Releases And Operating Results.

MAROUSSI, GREECE – May 28, 2021 – Pyxis Tankers Inc. (NASDAQ Cap Mkts: PXS), a growth-oriented pure play product tanker company, today announced the following: Date of Earnings Release. We will issue our unaudited results for the first quarter ended March 31, 2021 before market opens in New York on Wednesday, June 2, 2021. We will host a conference call on the same day to discuss the results at 8:30 a.m. Eastern Time. Conference Call details: Participants should dial into the call 10 minutes before the scheduled time using the following numbers: 1 (877) 553-9962 (US Toll Free Dial In), 0(808) 238-0669 (UK Toll Free Dial In) or +44 (0) 2071 928592 (Standard International Dial In). Please quote “Pyxis Tankers.” A telephonic replay of the conference and accompanying slides will be available following the completion of the call...

Medicenna Reports Fiscal Year 2021 Financial Results and Operational Highlights

Written by Customer Service on May 28, 2021. Posted in Earnings Releases And Operating Results.

— Management hosting conference call and webcast today at 8:30 AM ET TORONTO and HOUSTON, May 28, 2021 (GLOBE NEWSWIRE) — Medicenna Therapeutics Corp. (“Medicenna” or “the Company”) (NASDAQ: MDNA TSX: MDNA), a clinical stage immuno-oncology company, today announced its financial results and operational highlights for the fiscal year ended March 31, 2021. All dollar amounts are expressed in Canadian currency unless otherwise noted. “The strong momentum we have generated over the past year leaves us poised to achieve key milestones that will lay a solid foundation for expansion of our clinical-stage pipeline,” said Fahar Merchant, PhD, President and CEO of Medicenna. “We have recently added significant talent, expertise, and depth to our management team through the appointments of industry veterans and immuno-oncology experts...

Company announcement no 9/2021 – Interim Report Q1 2021

Written by Customer Service on May 28, 2021. Posted in Earnings Releases And Operating Results.

Interim Report Q1 2021 EBITDA fixed herd prices (FHP) for Q1 2021 decreased to 1,750 mEUR (Q1 2020: 7,250 kEUR), corresponding to an EBITDA margin FHP of 7.1% (Q1 2020: 25.2%). The quarterly EBITDA in Q1 2021 decreased by 5,500 kEUR (compared to Q1 2020) is mainly due to decreasing sales prices 5.736 kEUR. Sales prices in Q1 were 1.03 EUR/kg live weight, down from 1,31 EUR/kg (Q1 2020). The price decrease from Q1 has been driven by a Corona impact on the supply chain and ASF disrupting supply/demand in Germany, but in Marts, prices rebounded. The outlook is highly uncertain with the ASF situation in China, Coronavirus in the EU, ASF situation in Germany, and the trade relation between the USA and China. Feed prices in Q2 were 228 EUR/T as in Q1 2021 (compared to 230 EUR/T Q1 2020). A significant amount of grain is hedged until harvest...

Day: May 28, 2021

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