Day: July 6, 2021
VANCOUVER, British Columbia, July 06, 2021 (GLOBE NEWSWIRE) — Kutcho Copper Corp. (TSXV: KC, OTCQX: KCCFF) (“Kutcho Copper” or the “Company”) is pleased to announce it has agreed to buy back the royalty held by Sumac Mines (now Sumitomo Metal Mining Canada) (the “Sumac Royalty”) and terminate Sumac’s Right of First Refusal to purchase concentrates (the “Sumac ROFR”) from the Kutcho copper-zinc project, both of which rights were granted under an Acquisition Agreement between Sumac Mines Ltd. and Western Keltic Mines Inc. dated August 29, 2003.
The total purchase price of the Sumac Royalty buyback and Sumac ROFR termination is USD $3.2 million to be paid as follows:An initial payment of USD $1,000,000 (paid)
A second payment of USD $500,000 on or before October 5, 2021; and
A final payment of USD $1,700,000 on or before December...
Athenex Provides Update from FDA Type A Meeting Regarding Oral Paclitaxel Plus Encequidar for the Treatment of Metastatic Breast Cancer
Written by Customer Service on . Posted in Public Companies.
BUFFALO, N.Y., July 06, 2021 (GLOBE NEWSWIRE) — Athenex, Inc., (NASDAQ: ATNX), a global biopharmaceutical company dedicated to the discovery, development, and commercialization of novel therapies for the treatment of cancer and related conditions, today announced that the Company held a Type A meeting with the U.S. Food and Drug Administration (FDA) during the second quarter of 2021 to discuss the deficiencies raised in the Complete Response Letter (CRL) received in February.
At the meeting, Athenex provided additional analyses, including overall survival (OS) data on patient subgroups, to provide a more comprehensive summary of the risk/benefit assessment. Athenex also proposed to collect additional OS data that could inform the design of a new clinical study.
The FDA was supportive and encouraged the Company to continue development...
Xebec Announces Master Service Agreement for BGX Biostream™ units with Leading U.S. RNG Dairy Farm Developer and Starts Production of 30 Systems
Written by Customer Service on . Posted in Public Companies.
North America’s largest biogas upgrading supply agreement for U.S. animal livestock operations
MONTREAL, July 06, 2021 (GLOBE NEWSWIRE) — Xebec Adsorption Inc. (TSX: XBC) (“Xebec”), a global provider of clean energy solutions, is pleased to announce today that it has signed a Master Service Agreement (“MSA”) with a leading U.S.-based renewable natural gas (“RNG”) dairy farm project developer for the purchase of BGX Biostream™ (“Biostream”) units. The MSA will support the order of an initial 18 units, with the potential for additional orders under the same service agreement. This agreement represents the single largest unit order the company has received to date for Biostream and the largest in number of systems ever awarded in North America for dairy farm biogas upgrading projects.
As a result of the MSA and additional expected...
Franchise Group, Inc. Completes the Sale of Liberty Tax to NextPoint Acquisition Corp.
Written by Customer Service on . Posted in Mergers And Acquisitions.
Announces Repayment of $182 million of Debt
ORLANDO, Fla., July 06, 2021 (GLOBE NEWSWIRE) — Franchise Group, Inc. (NASDAQ: FRG) (“Franchise Group” or the “Company”) today announced the completion of its previously announced combination of its Liberty Tax business (“Liberty”) with NextPoint Acquisition Corp. (“NextPoint”), a diversified financial services platform. Franchise Group received total consideration of approximately $249 million consisting of approximately $182 million in cash and approximately $67 million in shares of NextPoint. The Company repaid approximately $182 million of its outstanding debt with the cash proceeds from the transaction.
Brian Kahn, President & CEO of Franchise Group said, “I want to thank all of the Liberty associates and franchisees for their positive impact on Franchise Group. We look...
Grupo Aeroportuario Del Pacifico Reports in June 2021 a Passenger Traffic Decrease of 2.7% Compared to 2019 (Increase of 319.6% Compared to 2020)
Written by Customer Service on . Posted in Public Companies.
GUADALAJARA, Mexico, July 06, 2021 (GLOBE NEWSWIRE) — Grupo Aeroportuario del Pacífico, S.A.B. de C.V., (NYSE: PAC; BMV: GAP) (“the Company” or “GAP”) announces preliminary terminal passenger traffic figures for the month of June 2021, which includes comparisons with the 2019 and 2020 figures to facilitate the reading and understanding of the passenger traffic trend.
For June 2021, the total number of terminal passengers at GAP’s 12 Mexican airports decreased by 2.2%, compared to the same period of 2019. Los Cabos, Tijuana, and Puerto Vallarta airports presented an increase in passenger traffic of 14.9%, 10.4% and 2.8%, respectively, while the Guadalajara and Guanajuato airports presented a decrease of only 14.3% and 14.4%, respectively, which demonstrates a positive trend in our Mexican airports.
In relation to international travel...
MediciNova Receives Notice of Allowance for New Patent Covering MN-166 (ibudilast) for the Treatment of Ophthalmic Disease
Written by Customer Service on . Posted in Public Companies.
LA JOLLA, Calif., July 06, 2021 (GLOBE NEWSWIRE) — MediciNova, Inc., a biopharmaceutical company traded on the NASDAQ Global Market (NASDAQ:MNOV) and the JASDAQ Market of the Tokyo Stock Exchange (Code Number: 4875), today announced that it has received a Notice of Allowance from the U.S. Patent and Trademark Office for a pending patent application which covers MN-166 (ibudilast) for the treatment of ophthalmic disease.
Once issued, the patent maturing from this allowed patent application is expected to expire no earlier than October 2039. The allowed claims cover methods of treating an ophthalmic disease/disorder or injury associated with a neurodegenerative disease/disorder or a neuro-ophthalmologic disorder by administering to a human patient a therapeutically effective amount of MN-166 (ibudilast). The allowed claims specifically...
Teleflex Announces Real-World Clinical Data Presentations of the UroLift® System at the 36th Annual European Association of Urology Congress
Written by Customer Service on . Posted in Public Companies.
Presentations to Provide New Insights on the Real-World Effectiveness and Durability of Leading Minimally Invasive Procedure for Enlarged Prostate
WAYNE, Pa., July 06, 2021 (GLOBE NEWSWIRE) — Teleflex Incorporated (NYSE:TFX) today announced that new data from real-world clinical studies of the UroLift® System for men with benign prostatic hyperplasia (BPH) will be presented at the 36th European Association of Urology (EAU) 2021 Annual Congress taking place virtually July 8-12. There is increasing interest in the role of Real-World Data (RWD) to supplement data from randomized controlled trials (RCTs) and demonstrate effectiveness in the broad population of patients and health care providers in the real world. Teleflex has invested significantly in RWD and these study results will provide new insights about men treated with the...
XPO Logistics Announces GXO Virtual Investor Day on July 13
Written by Customer Service on . Posted in Public Companies.
GREENWICH, Conn., July 06, 2021 (GLOBE NEWSWIRE) — XPO Logistics, Inc. (NYSE: XPO) today announced that the incoming leadership team of GXO Logistics will host a virtual Investor Day on Tuesday, July 13, 2021, from 9:00 to 11:00 a.m. Eastern Daylight Time. GXO is XPO’s planned spin-off of its global logistics segment.
The Investor Day agenda will include management’s discussion of GXO’s investment highlights, operations, technology, financial performance and growth prospects, as well as a Q&A session. Presenting on behalf of GXO will be:Brad Jacobs, chairman
Malcolm Wilson, chief executive officer
Baris Oran, chief financial officer
Mark Manduca, chief investment officer
Bill Fraine, chief commercial officer
Richard Cawston, president, Europe
Eduardo Pelleissone, president, North America and Asia
Gavin Williams, president,...
Man Group PLC : Form 8.3 – Anexo Group plc
Written by Customer Service on . Posted in Mergers And Acquisitions.
FORM 8.3
PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORERule 8.3 of the Takeover Code (the “Code”)
1. KEY INFORMATION(a) Full name of discloser:
Man Group PLC(b) Owner or controller of interests and short positions disclosed, if different from 1(a): The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named.
(c) Name of offeror/offeree in relation to whose relevant securities this form relates: Use a separate form for each offeror/offeree
Anexo Group plc(d) If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree:
(e) Date position held/dealing undertaken: For an opening position...
HighPeak Energy, Inc. Initiates a Quarterly Cash Dividend and Declares a Special Cash Dividend
Written by Customer Service on . Posted in Dividend Reports And Estimates.
FORT WORTH, Texas, July 06, 2021 (GLOBE NEWSWIRE) — HighPeak Energy, Inc. (“HighPeak” or the “Company”) (NASDAQ: HPK) today announced that its Board of Directors has approved a quarterly dividend of $0.025 per share of common stock outstanding. The Board of Directors also approved a special dividend of $0.075 per share of common stock outstanding. The dividends will be paid on July 26, 2021, to stockholders of record as of the close of business on July 15, 2021. The Company currently has approximately 92.7 million shares of common stock outstanding.
Jack Hightower, HighPeak’s Chairman and CEO, said, “The Board elected to initiate a quarterly dividend program after considering the success of the Company’s development drilling program. The Company is well capitalized and expects its drilling program to be cash flow positive as early...