Day: June 29, 2021

NOVAGOLD Reports Second Quarter 2021 Financial Results

Written by Customer Service on June 29, 2021. Posted in Earnings Releases And Operating Results.

Donlin Gold 2021 Drill Program Continues to Advance as PlannedCommunity Support Expanded to Counter the Effects of Global PandemicKey Permits Secured and Robust Financial Position MaintainedA total of 28 holes have been drilled at the Donlin Gold project (representing approximately 8,650 meters of length drilled) out of the 64 planned for 2021 (representing a total of approximately 20,100 meters of length to be drilled). Four drill rigs are operating. The owners expect to release assay results to the market in the coming months.Donlin Gold, together with its Alaska Native Corporation partners, Calista Corporation (“Calista”) and The Kuskokwim Corporation (“TKC”), expanded their engagement with the local communities. With key Federal and State permits in hand, Donlin Gold continued to advance additional State permits, including water...

Savanna Capital Corp. Adoption of New Capital Pool Company Policy

Written by Customer Service on June 29, 2021. Posted in Public Companies.

TORONTO, June 29, 2021 (GLOBE NEWSWIRE) — Savanna Capital Corp. (“Savanna” or the “Company”), a capital pool company as defined under Policy 2.4 – Capital Pool Companies (the “Policy”) of the TSX Venture Exchange (the “Exchange”), announces that the Company has received the approval of the majority of the disinterested shareholders (the “Shareholders“) to implement certain amendments to align with the Exchange’s recently announced changes to its Capital Pool Company (“CPC“) Program and Exchange Policy 2.4 – Capital Pool Companies, effective as of January 1, 2021 (the “New CPC Policy“). The Shareholders, by written consent, granted approval to: (i) remove the consequences of failing to complete a Qualifying Transaction (as defined in the New CPC Policy) within 24 months of the Company’s...

Osisko Development Intersects 16.05 g/t Gold Over 7.50 Meters at Lowhee Deposit at Cariboo

Written by Customer Service on June 29, 2021. Posted in Earnings Releases And Operating Results.

Figure 1: Cariboo deposit areas with drill locationsFigure 1: Cariboo deposit areas with drill locationsFigure 2: Lowhee Zone select drilling highlights plan map (north)Figure 2: Lowhee Zone select drilling highlights plan map (north)Figure 3: Lowhee Zone select drilling highlights plan map (south)Figure 3: Lowhee Zone select drilling highlights plan map (south)Figure 4: Lowhee Zone Cross Section with select highlightsFigure 4: Lowhee Zone Cross Section with select highlightsMONTREAL, June 29, 2021 (GLOBE NEWSWIRE) — Osisko Development Corp. (“Osisko Development” or the “Company”) (TSX.V-ODV) is pleased to announce drilling results from the 200,000-meter 2021 exploration and category conversion drill program campaign at its Cariboo Gold Project (“Cariboo”) in central...

CORRECTING and REPLACING – LMP Automotive Holdings, Inc. Announces First Quarter Financial Results And Provides Second Quarter Internal Outlook

Written by Customer Service on June 29, 2021. Posted in Earnings Releases And Operating Results.

In a release issued earlier today under the same headline by LMP Automotive Holdings, Inc. (NASDAQ: LMPX), please note that the table for EBITDA over the three month periods included incorrect figures. The figures changed for the three months ended March 31, 2020. The corrected table is included in the release below. First Quarter 2021 HighlightsAll financial comparisons stated below are versus Q-1 2020, unless otherwise noted.Revenue increased $27.7M to $33.0M Overall Gross Profit increased by $5.5M to $6.0M Gross Profit Margin increased by 8.9% to 18.2% Adjusted EBITDA1increased by $3.1M to $1.9M or $0.19 per share Adjusted Net Income was $1.3M or $0.13 per share Cash increased by $1.3M to $19.4M Adjusted Shareholder Equity increased by $18.3M to $47.5MSecond Quarter 2021 Internal OutlookSecond quarter 2021 internal outlook data...

Greystone Closes Financing for Senior Housing Portfolio Acquisition in California

Written by Customer Service on June 29, 2021. Posted in Mergers And Acquisitions.

Debt Package for Harrison Street’s Acquisition Includes Life Company Financing, Freddie Mac Loan Assumptions NEW YORK, June 29, 2021 (GLOBE NEWSWIRE) — Greystone, a leading national commercial real estate finance company, has provided debt financing for the acquisition of 16 senior housing properties in California. The Greystone Seniors Housing team worked alongside the Harrison Street team to find the best financing solution for such a high-quality portfolio acquisition, estimated at $546,700 per unit, according to SeniorCare Investor. The 16 properties, operated by Oakmont Management Group, were acquired from two different sellers, Healthpeak Properties and Gallaher Companies and the acquisition financing includes both Freddie Mac loan assumptions and new life company financing. The 16 properties comprise 1,148 units, and represent...

Photon Control Securityholders Approve Acquisition by MKS Instruments

Written by Customer Service on June 29, 2021. Posted in Mergers And Acquisitions.

VANCOUVER, British Columbia, June 29, 2021 (GLOBE NEWSWIRE) — Photon Control Inc. (“Photon Control” or the “Company”) (TSX: PHO), a leading developer and supplier of optical measurement technologies and systems, is pleased to announce that its Securityholders (as defined below) approved the acquisition of Photon Control by MKS Instruments, Inc. (the “Transaction”) by way of plan of arrangement (the “Arrangement”) at the annual general meeting of Photon Control shareholders (the “Shareholders”) and special meeting of Securityholders held today (the “Meeting”). The special resolution approving the Arrangement was approved by: (i) 87.44% of the votes cast by Shareholders present virtually or represented by proxy at the Meeting and (ii) 88.07% of the votes cast by Shareholders and holders of options of the Company (collectively, the...

Oyster Point Pharma Provides Key Supply Chain Insight For OC-01 (varenicline) Nasal Spray

Written by Customer Service on June 29, 2021. Posted in Public Companies.

PRINCETON, N.J., June 29, 2021 (GLOBE NEWSWIRE) — Oyster Point Pharma, Inc. (Nasdaq: OYST), today announced information regarding a key supply chain insight for OC-01 (varenicline) nasal spray following the announcement that an unrelated manufacturer of varenicline oral tablets has suspended distribution due to impurities discovered in one or more lots of its product. Oyster Point Pharma has not observed any measurable impurities in its OC-01 (varenicline) nasal spray. Oyster Point Pharma is developing OC-01 (varenicline) nasal spray to treat the signs and symptoms of dry eye disease. Oyster Point Pharma currently sources OC-01 (varenicline) nasal spray active pharmaceutical ingredient (API), varenicline tartrate, from a supplier unrelated to the manufacturer that has suspended distribution due to nitrosamine being above acceptable...

Lam Research Sets Goal to Operate at 100% Renewable Energy by 2030, Achieve Carbon Net Zero by 2050

Written by Customer Service on June 29, 2021. Posted in Public Companies.

Company outlines goals and accomplishments in seventh annual environmental, social and governance report FREMONT, Calif., June 29, 2021 (GLOBE NEWSWIRE) — Lam Research Corp. (Nasdaq: LRCX) today published its annual Environmental, Social, and Governance (ESG) Report detailing the company’s progress in reducing its environmental footprint, driving a healthy and safe workforce, advancing inclusion and diversity, and contributing positively to the broader community. “The world’s response to the devastating pandemic has illuminated how we can transform our planet and intensify the best in humanity when we all work together towards a common goal,” said Tim Archer, president and chief executive officer of Lam Research. “I could not be prouder of the incredible efforts of Lam’s workforce to deliver for our customers and answer the call...

VistaGen Therapeutics Reports Fiscal Year 2021 Financial Results and Provides Corporate Update

Written by Customer Service on June 29, 2021. Posted in Earnings Releases And Operating Results.

PALISADE-1 Phase 3 trial underway to evaluate PH94B for rapid-onset acute treatment of anxiety in adults with social anxiety disorder (SAD) Management to host corporate update conference call and audio webcast today at 2:00 p.m. PT SOUTH SAN FRANCISCO, Calif., June 29, 2021 (GLOBE NEWSWIRE) — VistaGen Therapeutics, Inc. (NASDAQ: VTGN), a biopharmaceutical company committed to developing and commercializing a new generation of medicines with the potential to go beyond the current standard of care for anxiety, depression and other central nervous system (CNS) disorders, today provided a corporate update and reported financial results for its fiscal year ended March 31, 2021. “Our fiscal year 2021 was transformative, involving several drug development, financial and regulatory milestones that fortified the foundation for our very...

Adevinta ASA (ADE) – Annual General Meeting 29 June 2021 and Appointment of Directors to the Board

Written by Customer Service on June 29, 2021. Posted in Public Companies.

Oslo, 29 June 2021: The Annual General Meeting of Adevinta ASA (the “Company”) was held today, at the premises of Advokatfirmaet BAHR AS at Tjuvholmen allé 16 in Oslo. All agenda items were approved. The minutes from the Annual General Meeting are attached and available on www.adevinta.com (http://www.adevinta.com). In accordance with the Company’s Articles of Association Article 6 no. 2 and no. 9, eBay Inc. has through its subsidiaries eBay International Management B.V. and eBay International Holding GmbH, who jointly hold 342,474,251 class A shares in the Company, appointed Marie Oh Huber and Mark Solomons as members of the Company’s Board of Directors. Schibsted ASA, as holder of 406,050,523 class A shares in the Company, has appointed Kristin Skogen Lund and Aleksander Rosinski as members of the Company’s Board of Directors. The...

Day: June 29, 2021

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