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Month: May 2021

Larimar Therapeutics Receives European Medicines Agency Priority Medicines (PRIME) Designation for CTI-1601 in Friedreich’s Ataxia

BALA CYNWYD, Pa., May 20, 2021 (GLOBE NEWSWIRE) — Larimar Therapeutics, Inc. (“Larimar”) (Nasdaq: LRMR), a clinical-stage biotechnology company focused on developing treatments for Friedreich’s ataxia (FA) and other complex rare diseases, today announced that the European Medicines Agency (EMA) has granted Priority Medicines (PRIME) designation to CTI-1601 for the treatment of FA. CTI-1601 is a recombinant fusion protein intended to deliver human frataxin into the mitochondria of patients with FA who are unable to produce enough of this essential protein. The PRIME designation was based on positive data from Larimar’s nonclinical studies and Phase 1 clinical program in patients with FA. As announced last week, pharmacodynamic data from this program showed that daily subcutaneous injections of CTI-1601 at doses of 50 mg or 100 mg...

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Ares Management Corporation Announces Agreement to Acquire Black Creek Group

Leading Core / Core-Plus Real Estate Firm Will Expand Ares’ Real Estate Group with Complementary Capabilities and Vertically Integrated Platform in High Conviction Industrial Sector   Business Combination Will Add Significant Perpetual, Non-Traded REIT Capital and Retail Distribution Platform with Capacity to Scale Existing and New Products Combined Real Estate Group Assets Under Management to Increase to Approximately $29 Billion LOS ANGELES, May 20, 2021 (GLOBE NEWSWIRE) — Ares Management Corporation (“Ares”) (NYSE: ARES) announced today that a subsidiary of Ares has entered into a definitive agreement to acquire 100% of Black Creek Group’s U.S. real estate investment advisory and distribution business (“Black Creek”), a leading real estate investment management firm. Founded in 1993, Black Creek had approximately $11.6 billion...

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Hawkins, Inc. Declares Quarterly Cash Dividend of $0.1225 Per Share

Roseville, Minn., May 20, 2021 (GLOBE NEWSWIRE) — The Board of Directors of Hawkins, Inc. (Nasdaq: HWKN), at its meeting on May 20, 2021, declared a quarterly cash dividend of $0.1225 per share payable June 18, 2021, to shareholders of record at the close of business on June 4, 2021.   Hawkins has consistently paid out a dividend since 1985. About Hawkins, Inc. Hawkins, Inc. was founded in 1938 and is a leading specialty chemical company that distributes, blends and manufactures chemicals and other specialty ingredients for its Industrial, Water Treatment, and Health & Nutrition customers.  Headquartered in Roseville, Minnesota, and with 46 facilities in 22 states, the Company creates value for its customers through superb customer service and support, quality products and personalized applications.  Hawkins, Inc. generated...

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Navient declares second quarter common stock dividend

WILMINGTON, Del., May 20, 2021 (GLOBE NEWSWIRE) — Navient (Nasdaq: NAVI), a leader in education loan management and business processing solutions, announced that its board of directors approved a 2021 second quarter dividend of $0.16 per share on the company’s common stock. The second quarter 2021 dividend will be paid on June 18, 2021, to shareholders of record at the close of business on June 4, 2021. About NavientNavient (Nasdaq: NAVI) is a leading provider of education loan management and business processing solutions for education, healthcare, and government clients at the federal, state, and local levels. Navient helps clients and millions of Americans achieve success through technology-enabled financing, services, and support. Learn more at Navient.com. Contact:Media: Paul Hartwick, 302-283-4026, paul.hartwick@navient.com Investors:...

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SeaSpine Announces Closing of 7D Surgical Acquisition

CARLSBAD, Calif., May 20, 2021 (GLOBE NEWSWIRE) — SeaSpine Holdings Corporation (NASDAQ: SPNE), a global medical technology company focused on surgical solutions for the treatment of spinal disorders, today announced the closing of the previously announced acquisition of 7D Surgical. 7D Surgical is a Toronto-based company that develops advanced optical technologies and machine vision-based registration algorithms to improve surgical workflow and patient care. 7D Surgical’s flagship FLASH™ Navigation System delivers significant improvement to surgical workflows in spine and cranial surgeries. The underlying technology provides the opportunity for similar advancements in other surgical specialties. “We are truly excited to welcome the 7D Surgical team and their market-leading Flash Navigation technology to the SeaSpine...

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Orezone Provides an Update on the Project Debt Package

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES VANCOUVER, British Columbia, May 20, 2021 (GLOBE NEWSWIRE) — Orezone Gold Corporation (TSX.V: ORE OTCQX: ORZCF) (the “Company”) announces that the Project Debt Package is progressing well and the Company is working to finalize documentation on the Senior Debt Facility, the Convertible Note Facility, the Silver Stream Agreement and the related intercreditor agreement. As required by the policies of the TSX Venture Exchange, the Company is issuing this press release as part of the application to the TSXV with respect to the Convertible Note Facility. The 8.5% Convertible Note Facility included in the Project Debt package will be convertible at the option of the lenders at any time at a conversion price of US$1.08 (the “Conversion Price”), representing...

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Sensormatic Solutions by Johnson Controls Expands Partnership With VSBLTY to Enhance Shopper Engagements, Retail Outcomes and Connectivity

Philadelphia, PA, May 20, 2021 (GLOBE NEWSWIRE) —  Sensormatic IQ, the new intelligent operating platform for retail, combines Sensormatic Solution’s retail analytics with VSBLTY’s shopper demographics and Content Management audience analytics to boost in-store sales Partnership helps retailers connect the dots between in-store engagements and shoppers’ buying habits Sensormatic Solutions and its Sensormatic IQ platform are an important component of Johnson Controls OpenBlue technologies, which leverage big data and artificial intelligence to optimize healthy buildingsJohnson Controls, the global leader for smart, healthy and sustainable buildings, today announced that it has expanded its partnership with VSBLTY Groupe Technologies Corp. to further advance Sensormatic Solutions, its leading global retail solutions portfolio,...

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Xali Gold Signs New Exploration and Production Agreement on El Dorado

VANCOUVER, British Columbia, May 20, 2021 (GLOBE NEWSWIRE) — Xali Gold Corp. (TSXV:XGC) (“Xali Gold” and/or the “Company”) is pleased to advise that the company has signed a new Exploration and Production Agreement (“EPA”) with Ingenieros Mineros, S.A. de C.V. (“IMSA”) on the El Dorado Gold-Silver Project, located in Nayarit State, Mexico. The EPA gives Xali Gold the right to explore and produce gold, silver and other metals for life of mine. Under the EPA, Xali Gold has the obligation to pay IMSA the following (all amounts are in US$):$30,000 per year until the commencement of commercial production, maximum of 5 years; A minimum of US$60,000 per year after 5 years or upon commencement of production; During commercial production a net smelter royalty (“NSR”) of:3.5% until payments reach an aggregate amount of $350,000;...

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Casella and Rudarpa Break Ground on Renewable Natural Gas Processing Facility

First of its kind facility in New Hampshire turns landfill gas into natural gasCasella, Rudarpa GroundbreakingRepresentatives from Casella, Rudarpa, Liberty Utilities, Weiss Construction, and others officially break ground on a renewable natural gas facility in Bethlehem, New Hampshire.BETHLEHEM, N.H., May 20, 2021 (GLOBE NEWSWIRE) — Casella Waste Systems, Inc. (Nasdaq: CWST), in partnership with Rudarpa, Inc. officially broke ground on a Renewable Natural Gas (RNG) processing facility on May 19 at its North Country Environmental Services (NCES) disposal facility in Bethlehem, N.H. Project partners and local officials took part in the ceremony, celebrating the official start of the project that is the first of its kind in New Hampshire and which is expected to provide significant environmental benefits as well...

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Melcor Announces Annual General Meeting Voting Results

EDMONTON, Alberta, May 20, 2021 (GLOBE NEWSWIRE) — Melcor Developments Ltd. (TSX: MRD), an Alberta-based real estate development and asset management company, today announced the results of its annual general meeting (AGM), held today. A total of 25,064,984 shares (64 shareholders) were voted in person or by proxy, representing 75.75% of the outstanding shares as of the record date. Shareholders approved all items of business before the AGM, including the election of directors as follows:Nominee % Votes For % Votes WithheldDouglas Goss 99.85% 0.15%Ross Grieve 95.38% 4.62%Andrew Melton 96.25% 3.75%Kathleen Melton 96.50% 3.50%Timothy Melton 95.32% 4.68%Bruce Pennock 99.81% 0.19%Catherine Roozen 96.50% 3.50%Ralph Young  95.17% 4.83%About Melcor Developments Ltd. Melcor is a diversified real estate development...

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