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Month: May 2021

BetterLife Announces $5.5 Million Bought-Deal Public Offering of Units

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES VANCOUVER, British Columbia, May 20, 2021 (GLOBE NEWSWIRE) — BetterLife Pharma Inc. (“BetterLife” or the “Company”) (CSE: BETR / OTCQB : BETRF / FRA: NPAU ), is pleased to announce that it has entered into an agreement with Research Capital Corporation as the lead underwriter and sole bookrunner, on behalf of a syndicate (together the “Underwriters”), pursuant to which the Underwriters have agreed to purchase, on a bought-deal basis, 13,750,000 units of the Company (the “Units”) at a price of $0.40 per Unit for aggregate gross proceeds to the Company of $5,500,000 (the “Offering“). Each Unit shall be comprised of one common share of the Company (a “Common Share“) and one Common Share purchase warrant of the Company (a “Warrant“)....

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Beam Global Schedules Fiscal First Quarter 2021 Financial Results Conference Call for May 24, 2021 at 4:30 p.m. ET

SAN DIEGO, May 20, 2021 (GLOBE NEWSWIRE) — Beam Global, (Nasdaq: BEEM, BEEMW), (the “Company”), the leading provider of innovative sustainable technology for electric vehicle (EV) charging, outdoor media and energy security, announced that the Fiscal First Quarter 2021 financial results will take place on Monday May 24, 2021 after market close. Management will host a conference call at 4:30 p.m. ET to review financial results and provide an update on corporate developments. Following management’s formal remarks, there will be a question-and-answer session. Conference call details: Date:   May 24, 2021Time:   4:30 p.m. Eastern/1:30 p.m. PacificToll-Free Dial-In Number:   +1-844-739-3880International Dial-In Number:   +1-412-317-5716 Pre-register for the call through this link: https://dpregister.com/sreg/10156949/e8d906c5f6 All...

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Bitfarms Announces Closing of CAD$75.0 Million Private Placement with U.S. Institutional Investors

TORONTO and BROSSARD, Québec, May 20, 2021 (GLOBE NEWSWIRE) — Bitfarms Ltd. (“Bitfarms”, or the “Company”) (TSXV:BITF) (U.S.:OTC:BFARF), one of the largest and most productive publicly listed bitcoin mining operations in the world, is pleased to announce that it has closed its previously announced private placement of equity securities (the “Offering”). The Offering was for gross proceeds of approximately CAD$75 million and consisted of the sale of 14,150,944 common shares, along with warrants to purchase an aggregate of up to 10,613,208 common shares, at a purchase price of CAD$5.30 per common share and associated warrant. The warrants have an exercise price of USD$4.87 per common share and exercise period of three years (through May 20, 2024). The funds were raised via a fully subscribed private placement of equity securities...

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FRO – Invitation to Q1 2021 Results Conference Call and Webcast

Frontline Ltd.’s preliminary first quarter 2021 results will be released on Thursday May 27 2021, and a webcast and conference call will be held at 3:00 p.m. CET (9:00 a.m. U.S. Eastern Time). The results presentation will be available for download from the Investor Relations section at www.frontline.bm ahead of the conference call. In order to attend the conference call you may do one of the following: a. Webcast Go to the Investor Relations section at www.frontline.bm and follow the “Webcast” link. b. Conference CallParticipant dial-in telephone numbers:Norway +47 2103 3922Norway toll free 800 10393UK +44 (0) 203 009 5709UK Toll Free 0 800 694 1461USA +1 646 787 1226USA Toll Free 866 280 1157Conference ID 2758611Participants will be asked for their full name & Conference ID. A Q&A session will be held...

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Cordy Oilfield Services Inc. Reports First Quarter Results

CALGARY, Alberta, May 20, 2021 (GLOBE NEWSWIRE) — CORDY OILFIELD SERVICES INC. (the “Corporation” or “Cordy”) (CKK: TSX-V) released today its first quarter results. ANALYSIS OF CONSOLIDATED RESULTS OF OPERATIONS  Three months ended March 31,($ 000’s) 2021   2020   ($) Change  Revenue      Environmental Services 6,461   7,490   (1,029 )Heavy Construction 36   149   (113 )Corporate –   7   (7 )  6,497   7,646   (1,149 )Direct operating expenses      Environmental Services 5,140   5,798   (658 )Heavy Construction 30   71   (41 )Corporate –   –   –    5,170   5,869   (699 )       General and administrative expenses      Environmental Services 297   130   167  Heavy Construction 1   –   1  Corporate 283   201   82    581   331   250  Operating...

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StoneCastle Financial Corp. Releases Month End Estimated Net Asset Value as of April 2021

DENVER, May 20, 2021 (GLOBE NEWSWIRE) — StoneCastle Financial Corp., (NASDAQ:BANX) (“StoneCastle Financial” or the “Company”), today announced that the Company’s estimated and unaudited Net Asset Value (“NAV”) as of April 30, 2021 was $21.80. The NAV was up $0.18 from the prior month-end. This estimated NAV is not a comprehensive statement of our financial condition or results for the month ended April 30, 2021. We advise you that our unaudited NAV per share for the second quarter ending June 30, 2021 will be released as part of our normal quarterly earnings reporting process and may differ materially from this estimated NAV. About StoneCastle Financial Corp. StoneCastle Financial is an SEC registered non-diversified, closed-end investment company listed on the NASDAQ Global Select Market under the symbol “BANX.”...

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UPDATE – Inspire Medical Systems, Inc. Announces Positive Coverage Policy Issued by Anthem for Inspire Therapy

MINNEAPOLIS, May 20, 2021 (GLOBE NEWSWIRE) — Inspire Medical Systems, Inc. (NYSE: INSP) (“Inspire”), a medical technology company focused on the development and commercialization of innovative and minimally invasive solutions for patients with obstructive sleep apnea (“OSA”), announced today that Anthem, Inc. (“Anthem”) will provide coverage for the Company’s Inspire therapy, effective May 20, 2021. Anthem is a leading health benefits company dedicated to improving lives and communities and making healthcare simpler that, through its affiliated companies, serves 42 million individuals within its family of health plans. “We are pleased to receive this positive coverage decision from Anthem, bringing the total to 64 commercial insurance plans, and inclusive of Medicare represents approximately 260 million lives,” said...

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Major Precious Metals Provides Clarification to News Release of April 28, 2021

VANCOUVER, British Columbia, May 20, 2021 (GLOBE NEWSWIRE) — Major Precious Metals Corp. (“Major Precious Metals” or the “Company”) (CSE:SIZE | OTC:SIZYF | FRANKFURT:3EZ). At the request of the Investment Industry Regulatory Organization of Canada (IIROC), the Company wishes to clarify certain statements in the Company’s news release dated April 28, 2021. In the referenced news release, the Company stated that it had been informed by its advisers that sophisticated techniques including spoofing, layering, wash trading, manipulation through multiple brokerage houses and the use of aggressive algorithms targeting the bid/offer designed to give the appearance of weakness in the Company’s shares have been utilized in trading in the Company’s securities. As it relates to this particular statement in the April 28, 2021...

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LeMaitre to Present at the Jefferies Virtual Healthcare Conference

BURLINGTON, Mass., May 20, 2021 (GLOBE NEWSWIRE) — LeMaitre Vascular, Inc. (Nasdaq:LMAT) announced today that JJ Pellegrino, Chief Financial Officer, will present at the Jefferies Virtual Healthcare Conference on Friday, June 4, 2021, at 1:30 PM EDT. LeMaitre is a provider of devices, implants and services for the treatment of peripheral vascular disease, a condition that affects more than 200 million people worldwide. The Company develops, manufactures and markets disposable and implantable vascular devices to address the needs of its core customer, the vascular surgeon. Additional information can be found at www.lemaitre.com. Contact:Sandra MillarLeMaitre Vascular, Inc. +1-781-425-1686smillar@lemaitre.com

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Chemung Financial Corporation Announces Dividend Increase

ELMIRA, N.Y., May 20, 2021 (GLOBE NEWSWIRE) — Chemung Financial Corporation (Nasdaq: CHMG) announced today that its Board of Directors has approved a dividend increase of $0.05 per share, equal to a quarterly cash dividend of $0.31 per share, payable on July 1, 2021 to common stock shareholders of record as of the close of business on June 17, 2021. This represents a dividend increase of 19.2 percent. Anders M. Tomson, President and CEO stated, “We are pleased that our Company’s strong financial results have allowed us to increase our cash dividend. This continues our long history of paying uninterrupted cash dividends, and we are proud to reward our shareholders with this dividend increase.” Chemung Financial Corporation is a $2.5 billion financial services holding company headquartered in Elmira, New York and operates 31 offices...

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