Day: August 10, 2021

RESEARCH TRIANGLE PARK, N.C., Aug. 10, 2021 (GLOBE NEWSWIRE) — BioCryst Pharmaceuticals, Inc. (Nasdaq: BCRX) announced today that it has withdrawn its proposed public offering. With our strong balance sheet, and increasing revenues from ORLADEYO® (berotralstat), we believe that current market conditions are not conducive to an offering on terms that would be in the best interests of our current stockholders.   We are well capitalized, with cash, cash equivalents, restricted cash and investments of $222.8 million as of June 30, 2021.   Based on our expectations for revenue, operating expenses, and our option to access an additional $75 million from our existing credit facility, we believe our current cash runway takes us into 2023. About BioCryst Pharmaceuticals BioCryst Pharmaceuticals discovers novel, oral, small-molecule medicines...

VANCOUVER, British Columbia, Aug. 10, 2021 (GLOBE NEWSWIRE) — Imperial Metals Corporation (the “Company”) (TSX:III) reports financial results for the three and six months ended June 30, 2021, as summarized in this release and discussed in detail in the Management’s Discussion & Analysis. The Company’s financial results are prepared in accordance with International Financial Reporting Standards (“IFRS”). The reporting currency of the Company is the Canadian (“CDN”) Dollar. QUARTER HIGHLIGHTS FINANCIAL Total revenue decreased to $34.2 million in the June 2021 quarter compared to $45.1 million in the 2020 comparative quarter, a decrease of $10.9 million. In the June 2021 quarter, the Red Chris mine (100% basis) had 3.8 concentrate shipments (2020-5.5 concentrate shipments). Variations in revenue are impacted by the timing and...

IRVINE, Calif., Aug. 10, 2021 (GLOBE NEWSWIRE) — 5.11 ABR Corp., a Compass Diversified (NYSE: CODI) subsidiary, today announced that it confidentially submitted a draft registration statement on Form S-1 to the Securities and Exchange Commission (the “SEC”) relating to the proposed initial public offering of its common stock. The number of shares of common stock to be offered and the price range for the proposed offering have not yet been determined. The initial public offering is expected to commence after the SEC completes its review process, subject to market and other conditions. This press release is being made pursuant to, and in accordance with, Rule 135 under the Securities Act of 1933, as amended (the “Securities Act”), and shall not constitute an offer to sell, or the solicitation of an offer to buy, any securities. Any...

OTTAWA, Aug. 10, 2021 (GLOBE NEWSWIRE) — Cornerstone Capital Resources Inc. (“Cornerstone” or “the Company”) (TSXV-CGP) (OTC-CTNXF) (FWB-GWN1) reports that the Board of Directors of the Company has approved the granting of stock options totaling 490,000 options to directors, officers, consultants and employees of the Company effective August 10, 2021. These options have been priced at $4.00 and have an expiry date of August 9, 2026. As per the Company’s Stock Option Plan, these options vest in three equal tranches over an eighteen-month period from the date of issue. About Cornerstone: Cornerstone Capital Resources Inc. is a mineral exploration company with a diversified portfolio of projects in Ecuador and Chile, including the Cascabel gold-enriched copper porphyry joint venture in northwest Ecuador. Cornerstone has a 20.8% direct...

VANCOUVER, British Columbia, Aug. 10, 2021 (GLOBE NEWSWIRE) — Apollo Gold & Silver Corp. (“Apollo” or the “Company“) (TSX.V: APGO, OTCQB: APGOF, Frankfurt: 6ZF) is pleased to announce the voting results from its Annual General Meeting of holders (“Shareholders”) of common shares (“Common Shares”) the Company held on August 10, 2021 (the “Meeting”). All the matters put forward before Shareholders for consideration and approval as set out in the Company’s management information circular dated July 9, 2021 (the “Circular”) were approved by the requisite majority of votes cast at the Meeting. In particular, Shareholders approved the election of all director nominees. The board of directors of the Company is now comprised as follows:Andrew Bowering Simon Clarke Daryn Gordon Sean Bromley James Hynes Thomas PeregoodoffShareholders...

BURNABY, British Columbia, Aug. 10, 2021 (GLOBE NEWSWIRE) — Xenon Pharmaceuticals Inc. (Nasdaq:XENE), a neurology-focused biopharmaceutical company, today announced its participation in one-on-one investor meetings as well as a virtual panel discussion at the 12th Annual Wedbush PacGrow Healthcare Conference.Panel Topic: “Got My Mind Set On You – Advancing Novel Epilepsy Targets”   Date: Wednesday, August 11, 2021   Time: 11:30 am – 12 pm Eastern Time   Panelist: Dr. Simon Pimstone, Executive Chair of the BoardAdditional details along with a link to the live webcast can be found on the “Investors” section of Xenon’s website at http://investor.xenon-pharma.com. When available, webcasts will be posted for replay following the event for 30 days. The above listed dates and times are subject to change. About...

BOLTON, Ontario, Aug. 10, 2021 (GLOBE NEWSWIRE) — Titanium Transportation Group Inc. (“Titanium” or the “Company”) (TSXV:TTR), a leading provider of transportation and logistics services throughout North America, is pleased to report its financial results for the three and six month periods ended June 30, 2021. All amounts are in Canadian currency. Titanium delivered a fourth consecutive quarter of record revenue at $100.8 million driven by significant growth in both the Truck Transportation and Logistics segment – surpassing the $100 million milestone for the first time in the company’s history. “These results reflect the impact of Titanium’s focused strategic investment in growth initiatives and the ability of our team to execute the strategy through a challenging operating environment”, said Ted Daniel, Chief...

Digital financial ecosystem delivers powerful solutions DENVER, Aug. 10, 2021 (GLOBE NEWSWIRE) — National Bank Holdings Corporation (NYSE: NBHC) announced today that it is collaborating with Finstro Holdings Pty Ltd., a technology-powered provider of digital working capital solutions, and Figure Technologies, a blockchain fintech firm. These partnerships will accelerate the realization of NBHC’s vision for building a comprehensive digital financial ecosystem for small and medium-sized businesses. Tim Laney, Chief Executive Officer of NBHC shared, “Our vision is to create a digital financial ecosystem within a bank regulatory framework. We are collaborating with best of breed technology partners to deliver innovative and powerful solutions to solve problems for small and medium-sized businesses in the United States.” NBHC expects...

ACTON, Mass., Aug. 10, 2021 (GLOBE NEWSWIRE) — Psychemedics Corporation (NASDAQ:PMD), the world’s largest provider of hair testing for drugs of abuse, today announced financial results for the second quarter ended June 30, 2021. The Company’s revenue for the quarter ended June 30, 2021, was $6.1 million versus $3.3 million for the quarter ended June 30, 2020, an increase of 85%. Net income for the quarter ended June 30, 2021, was $0.1 million or $0.02 per diluted share, versus net loss of $2.1 million or ($0.37) per diluted share, for the comparable period last year, an increase of $0.39 per diluted share. The Company’s revenue for the six months ended June 30, 2021, was $11.8 million versus $10.9 million for the comparable period in 2020, an increase of 8%. Net income for the six months ended June 30, 2021, was $0.2 million or...