HUTCHMED Initiates Phase I Trials of novel ERK inhibitor HMPL 295 in Patients with Advanced Solid Tumors in China

Written by Customer Service on July 5, 2021. Posted in Public Companies.

HONG KONG, SHANGHAI and FLORHAM PARK, N.J., July 05, 2021 (GLOBE NEWSWIRE) — HUTCHMED (China) Limited (“HUTCHMED”) (Nasdaq/AIM: HCM; HKEX: 13) has initiated a Phase I study of HMPL-295, its investigative and highly selective oral inhibitor of ERK, which is a downstream component of the RAS-MAPK1 pathway signaling cascade. HMPL-295 has the potential to address intrinsic or acquired resistance from upstream mechanisms such as RAS, RAF and MEK. This is our first of multiple candidates in discovery addressing the RAS-MAPK pathway. The first patient was dosed on July 2, 2021. The clinical trial is a multi-center, open-label study to evaluate safety, tolerability, pharmacokinetics and preliminary efficacy profile of HMPL-295, and to determine the maximum tolerated dose and recommended Phase II dose (“RP2D”) in patients with advanced...

CAPREIT Grows Presence in Strong MHC Business

Written by Customer Service on July 5, 2021. Posted in Public Companies.

TORONTO, July 05, 2021 (GLOBE NEWSWIRE) — Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX:CAR.UN) announced today that it has completed the acquisition of two manufactured housing community (“MHC”) properties containing 342 sites in the town of Lakeshore close to Windsor, Ontario. CAPREIT paid approximately $20.6 million for the two properties, funded by cash and the assumption of a $8.6 million mortgage maturing in October 2025. There were only two vacant sites in one of the properties at closing. Both properties are close to Lake St. Clair and have close economic ties to Windsor, Ontario with a short 15-minute drive to the city and the US border. Both properties have well-established infrastructure and are located along major transportation arteries. “We continue to grow our presence in the strong...

Bluewater Acquisition Corp. Announces Resignation of Director and Officer

Written by Customer Service on July 5, 2021. Posted in Public Companies.

CALGARY, Alberta, July 05, 2021 (GLOBE NEWSWIRE) — Bluewater Acquisition Corp (TSXV:BAQ) (the “Corporation“) announces that effective June 30, 2021, Maurice Levesque has resigned as a director of the Corporation for personal reasons and Antonios Backos has resigned as Chief Operating Officer of the Corporation for personal reasons. The Corporation wishes to thank Mr. Levesque for his service and wishes him well in his future endeavors. Mr. Backos will continue as a director of the Corporation. About the Corporation The Corporation is a capital pool company pursuant to the policies of the Exchange. Except as specifically contemplated in such policies, until the completion of its QT, the Corporation will not carry on business, other than the identification and evaluation of companies, businesses or assets with a view...

Flow Capital Announces the Buyout of Its Investment in ConnectAndSell Inc.

Written by Customer Service on July 5, 2021. Posted in Public Companies.

TORONTO, July 05, 2021 (GLOBE NEWSWIRE) — Flow Capital Corp. (TSXV: FW) (“Flow Capital”) is announcing that ConnectAndSell Inc. (“ConnectAndSell”) has completed a buyout of Flow Capital’s royalty investment for US$3M. “The team at ConnectAndSell has developed an industry leading sales acceleration platform. We are thrilled to have been a financial partner and enabler of their growth. We expect they will continue to disrupt their industry and we wish them well in the future,” said Alex Baluta, CEO of Flow Capital. About Flow Capital Flow Capital Corp. is a diversified alternative asset investor and advisor, specializing in providing minimally dilutive capital to high-growth businesses. To apply for financing, visit www.flowcap.com. For further information, please contact: Flow Capital Corp. Alex BalutaChief Executive Officeralex@flowcap.com 1...

Strathbridge Asset Management Inc. Announces Merger Exchange Ratios for Merger With Mulvihill Premium Yield Fund

Written by Customer Service on July 5, 2021. Posted in Mergers And Acquisitions.

TORONTO, July 05, 2021 (GLOBE NEWSWIRE) — Strathbridge Asset Management Inc. (the “Manager”), the manager of Core Canadian Dividend Trust (TSX: CDD.UN) (“CDD”), Top 10 Canadian Financial Trust (TSX: TCT.UN) (“TCT”) and U.S. Financials Income Fund (TSX: USF.UN) (“USF”), is pleased to announce the exchange ratios for the merger (the “Merger”) of CDD, TCT and USF with Mulvihill Premium Yield Fund (“MPY”). Pursuant to the Merger, each holder of units of CDD will automatically receive 0.474274 Class A units of MPY for each unit of CDD held on the effective date of the Merger, being July 5, 2021; each holder of units of TCT will automatically receive 0.842468 Class A units of MPY for each unit of TCT held on the effective date of the Merger, being July 5, 2021; each holder of Class A units of USF will automatically receive 0.58935 Class...

Denarius Announces Grant of Stock Options

Written by Customer Service on July 5, 2021. Posted in Public Companies.

TORONTO, July 05, 2021 (GLOBE NEWSWIRE) — Denarius Silver Corp. (“Denarius” or “the Company”) (TSXV: DSLV) announced today that it has granted a total of 7,300,000 stock options to directors, officers, employees and consultants retained by the Company, including 150,000 stock options granted to an investor relations firm assisting the Company with its investor relations marketing. Each stock option is exercisable at $0.445 per common share until June 30, 2026 with the stock options vesting immediately. The closing price of the Company’s common shares on June 29, 2021, the date prior to the grant of the stock options, was $0.445 per share. About Denarius Denarius is a Canadian-listed public company engaged in the acquisition, exploration, development and eventual operation of mining projects in high-grade districts, with its principal...

ERES REIT Announces Timing of Second Quarter 2021 Results & Conference Call

Written by Customer Service on July 5, 2021. Posted in Public Companies.

TORONTO, July 05, 2021 (GLOBE NEWSWIRE) — European Residential Real Estate Investment Trust (“ERES”) (TSX:ERE.UN) announced today it will issue its financial results for the three and six months ended June 30, 2021 after markets close on: Monday, August 9, 2021 A conference call hosted by Phillip Burns, Chief Executive Officer and Stephen Co, Chief Financial Officer, to discuss the results will be held on: Tuesday, August 10, 2021 at 9:00 am ET The telephone numbers for the conference call are: Local / International: (416) 406-0743 North American Toll Free: (800) 898-3989 Passcode: 6747224# A slide presentation to accompany management’s comments during the conference call will be available an hour and a half prior to the conference call. To view the slides, access the ERES website at www.eresreit.com, click on “Investor...

ChampionX Announces Acquisition of Scientific Aviation, Inc.

Written by Customer Service on July 5, 2021. Posted in Mergers And Acquisitions.

THE WOODLANDS, Texas, July 05, 2021 (GLOBE NEWSWIRE) — ChampionX Corporation (“ChampionX” or the “Company”) (NASDAQ: CHX) announced today the completion of its acquisition of Scientific Aviation, Inc., a market leader in site-specific and regional methane emissions monitoring solutions for continuous and periodic monitoring applications. “Our acquisition of Scientific Aviation further demonstrates our commitment to the strategic priority of evolving our portfolio for sustained growth as the energy industry evolves. This acquisition follows our investment in QLM Technology Ltd and is consistent with our growth pathway of building out our emissions management portfolio that helps our customers achieve their emissions reduction goals. We are excited about the future growth potential as we combine Scientific Aviation’s industry leading...

Diversified Royalty Corp. Announces July 2021 Cash Dividend and Q2 2021 Earnings Release Date

Written by Customer Service on July 5, 2021. Posted in Dividend Reports And Estimates.

VANCOUVER, British Columbia, July 05, 2021 (GLOBE NEWSWIRE) — Diversified Royalty Corp. (TSX: DIV and DIV.DB) (the “Corporation” or “DIV”) is pleased to announce that its board of directors has approved a cash dividend of $0.01667 per common share for the period of July 1, 2021 to July 31, 2021, which is equal to $0.20 per common share on an annualized basis. The dividend will be paid on July 30, 2021 to shareholders of record as of the close of business on July 15, 2021. Q2 2021 Earnings Release Date DIV will release earnings results for the three months ended June 30, 2021 following the closing of regular trading on the Toronto Stock Exchange on August 12, 2021. About Diversified Royalty Corp. DIV is a multi-royalty corporation, engaged in the business of acquiring top-line royalties from well-managed multi-location businesses...

Enerflex to Announce Second Quarter 2021 Results on August 4, 2021

Written by Customer Service on July 5, 2021. Posted in Public Companies.

CALGARY, Alberta, July 05, 2021 (GLOBE NEWSWIRE) — Enerflex Ltd. (TSX:EFX) (“Enerflex” or the “Company”), a leading supplier of products and services to the global energy industry, will release its second quarter 2021 financial results on August 4, 2021. These results will be available on the Enerflex website at www.enerflex.com. Analysts, investors, members of the media, and other interested parties are invited to participate in a teleconference and audio webcast on Thursday, August 5, 2021 at 8:00 a.m. MDT to discuss the second quarter 2021 financial results and operating highlights. To participate, please call toll free 1.844.231.9067 or 1.703.639.1277. Please dial in 10 minutes prior to the start of the call. No passcode is required. The live audio webcast of the teleconference will be available on the Enerflex website at www.enerflex.com...

Day: July 5, 2021

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