Month: May 2021

BOSTON, May 14, 2021 (GLOBE NEWSWIRE) — The New Ireland Fund, Inc. (NYSE: IRL) announced today the preliminary results of its tender offer, which expired at 11:59 p.m. Eastern Time on Thursday, May 13, 2021. The purchase price of properly tendered shares is 98% of the net asset value per share determined as of the close of the regular trading session of the New York Stock Exchange on May 14, 2021, which is equal to $14.78 per share. As of Thursday, May 13, 2021, there were 4,853,202 outstanding shares of the Fund, and the amount of shares to be purchased under the terms of the offer amounts to approximately 1,213,300 shares. The preliminary count by American Stock Transfer & Trust Company LLC, the Fund’s depositary agent, indicated that approximately 3,060,731 shares were validly tendered prior to the expiration of the...

EMPAVELI, the first targeted C3 therapy, is approved for use in adults with PNH who are:Treatment naïve Switching from C5 inhibitor Soliris® (eculizumab) Switching from C5 inhibitor Ultomiris® (ravulizumab)EMPAVELI was superior to Soliris for the change from baseline in hemoglobin level at Week 16 in the Phase 3 PEGASUS study85% of patients treated with EMPAVELI were transfusion free compared to 15% on Soliris at Week 16; EMPAVELI met non-inferiority compared to Soliris on transfusion avoidanceApellis to host investor conference call on Monday, May 17 at 8:00 a.m. ETWALTHAM, Mass., May 14, 2021 (GLOBE NEWSWIRE) — Apellis Pharmaceuticals, Inc. (Nasdaq: APLS), a global biopharmaceutical company and leader in targeted C3 therapies, today announced that the U.S. Food and Drug Administration (FDA) has approved EMPAVELI™ (pegcetacoplan),...

TORONTO, May 14, 2021 (GLOBE NEWSWIRE) — IBI Group Inc. (“IBI” or the “Company“) is pleased to announce the detailed voting results for the 2021 Annual and Special Meeting (the “Meeting“) of Shareholders held on May 14, 2021 in Toronto, ON. The following seven nominees were elected as Directors of the Corporation to serve until the next annual meeting of shareholders of the Corporation, or until their successors are elected or appointed. The results of the vote are as follows:Name of Nominee Votes “For” % For Votes “Withheld” % WithheldScott Stewart 25,400,327 99.89% 29,333 0.11%David Thom 25,415,737 99.95% 13,823 0.05%Michael Nobrega 25,400,177 99.88% 29,383 0.12%John Reid 25,400,127 99.89% 28,483 0.11%Claudia Krywiak 25,401,177 99.89% 28,383 0.11%Paula...

/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/ TORONTO, May 14, 2021 (GLOBE NEWSWIRE) — WeedMD Inc. (TSX-V:WMD) (OTCQX:WDDMF) (FSE:4WE) (“WeedMD” or the “Company”), a federally licensed producer and distributor of medical-grade cannabis, is providing a bi-weekly update on the status of the management cease trade order granted on May 3, 2021 (the “MCTO“) by its principal regulator, the Ontario Securities Commission, in accordance with the alternative information guidelines set out in National Policy 12-203 – Management Cease Trade Orders (“NP 12-203“), following the Company’s announcement on April 21, 2021 (the “Default Announcement“), that it would be unable to file its annual audited financial statements, annual management’s discussion...

TORONTO, May 14, 2021 (GLOBE NEWSWIRE) — Victoria Gold Corp. (TSX-VGCX) (“Victoria” or the “Company”) announces that it has adopted a shareholder rights plan (the “Rights Plan”) effective today. The Rights Plan is designed to ensure that all Victoria shareholders are treated fairly in connection with any take-over bid and to protect against “creeping bids”, which involve the accumulation of more than 20%, on an aggregate basis, of Victoria’s common shares (the “Common Shares”) through purchases exempt from applicable take over-bid rules. Pursuant to the Rights Plan, one right attaches to each issued and outstanding Common Share. Subject to the terms of the Rights Plan, the rights become exercisable in the event that any person (together with certain related parties) becomes a beneficial holder of 20% or more of the outstanding...

TORONTO, May 14, 2021 (GLOBE NEWSWIRE) — Digihost Technology Inc. (“Digihost” or the “Company”) (TSXV: DGHI; OTCQB: HSSHF) provides an update on its acquisition of 9,900 Bitcoin (“BTC”) miners (the “Miners”) that will increase the Company’s current hashrate by approximately 925PH to 1.145EH, previously announced in the Company’s May 12, 2021 news release. The Company is funding the purchase of the Miners with capital from its equity financings closed since the beginning of 2021 of approximately CA$54,000,000. In connection with the purchase agreement with Northern Data AG (“Northern Data”) (ISIN: DE000A0SMU87; OTC: NDTAF) to acquire the Miners, the Company concurrently entered into a hosting agreement (the “Hosting Agreement”) with Northern Data in connection with the Miners, whereby Northern Data will provide services to the Company...

BEIJING, May 15, 2021 (GLOBE NEWSWIRE) — via InvestorWire — Infobird Co., Ltd (Nasdaq: IFBD) (“Infobird”), a software-as-a-service (“SaaS”) provider of AI-powered customer engagement solutions in China, today announces that it has filed its annual report on Form 20-F for the fiscal year ended Dec. 31, 2020, with the U.S. Securities and Exchange Commission (the “SEC”). The annual report on Form 20-F, which contains Infobird’s audited consolidated financial statements, can be accessed through the SEC’s website at www.sec.gov or Infobird’s website at www.Infobird.com. In addition, Infobird will provide a hard copy of its annual report on Form 20-F, containing its audited consolidated financial statements, free of charge to its shareholders upon request. Requests should be directed to Infobird Co., Ltd, Room 12A05, Block A, Boya...

BEIJING, May 14, 2021 (GLOBE NEWSWIRE) — via InvestorWire — Infobird Co., Ltd (Nasdaq: IFBD) (“Infobird”), a software-as-a-service (“SaaS”) provider of AI-powered customer engagement solutions in China, today announces that it has filed its annual report on Form 20-F for the fiscal year ended Dec. 31, 2020, with the U.S. Securities and Exchange Commission (the “SEC”). The annual report on Form 20-F, which contains Infobird’s audited consolidated financial statements, can be accessed through the SEC’s website at www.sec.gov or Infobird’s website at www.Infobird.com. In addition, Infobird will provide a hard copy of its annual report on Form 20-F, containing its audited consolidated financial statements, free of charge to its shareholders upon request. Requests should be directed to Infobird Co., Ltd, Room 12A05, Block A, Boya...

Revenues of $8.4 million and operating loss of $0.8 million for the quarter HAUPPAUGE, N.Y., May 14, 2021 (GLOBE NEWSWIRE) — Forward Industries, Inc. (NASDAQ:FORD), a single source solution provider for the full spectrum of hardware and software product design and engineering services as well as a designer and distributer of carry and protective solutions, today announced financial results for its second fiscal quarter ended March 31, 2021.   Second Quarter 2021 Financial Highlights  Revenues were $8.4 million, an increase of 6.3% from $7.9 million for the three months ended March 31, 2020.Gross margin improved to 20.8% compared to 18.3% for the three months ended March 31, 2020.Operating loss was $0.8 million compared to $1.7 million for the three months ended March 31, 2020.Net loss was $0.8 million compared to $1.4 million...

TORONTO, May 14, 2021 (GLOBE NEWSWIRE) — Dundee Corporation (TSX: DC.A) (the “Corporation” or “Dundee”) is pleased to announce the successful completion of its warrant exercise program. Subsequent to March 31, 2021, a total of 4,110,100 unlisted warrants (“Warrants”) to acquire shares of Dundee Precious Metals Inc. (“Dundee Precious”) were exercised at a price of $8.00, providing aggregate proceeds of $32,880,800 to the Corporation. 20,000 Warrants expired on May 13, 2021. It is anticipated that the Company will not have taxes payable in connection with the proceeds of exercised Warrants. Jonathan Goodman, President and CEO of Dundee, commented: “Completing the exercise of the Dundee Precious Warrants is a positive development for Dundee as it brings cash into the Corporation, strengthens our balance sheet, and aligns with one...