Month: August 2021

Updated GEO production guidance for 2021 by business unit:Updated GEO production guidance for 2021 by business unitUpdated guidance on estimated cash costs per equivalent ounce of gold for 2021 by Business Unit:Updated guidance on estimated cash costs per equivalent ounce of gold for 2021 by Business UnitROAD TOWN, British Virgin Islands, Aug. 10, 2021 (GLOBE NEWSWIRE) — Aura Minerals, Inc. (“Aura Minerals” or the “Company”) announces today that the Company has filed its unaudited interim consolidated financial statements for the quarter ended June 30, 2021, related management discussion and analysis and CEO and CFO Certificates. In addition, the Company announces that it is also updating its gold equivalent production, cash cost per gold equivalent ounce (“GEO”) produced and capital expenditure...

NEW YORK, Aug. 10, 2021 (GLOBE NEWSWIRE) — Intercept Pharmaceuticals, Inc. (Nasdaq: ICPT) (“Intercept”), a biopharmaceutical company focused on the development and commercialization of novel therapeutics to treat progressive non-viral liver diseases, announced today that it has entered into privately negotiated agreements with certain of the holders of its existing (i) 3.25% Convertible Senior Notes due 2023 (the “2023 Notes”) and (ii) 2.00% Convertible Senior Notes due 2026 (the “2026 Notes”) to exchange an aggregate of $306.5 million principal amount of 2023 Notes and an aggregate of $114.7 million principal amount of 2026 Notes for a newly issued series of Convertible Senior Secured Notes due 2026 (the “New Notes” and such transactions, the “Exchange”). Intercept will also sell approximately $117.6 million aggregate principal...

 EcoChain Ramp Continues with Expected August Hashrate up 269%, September up 863% over July and Strikes Joint-Venture Deal  MTI Instruments Reports Solid Quarter and Strong Pipeline Activity ALBANY, N.Y., Aug. 10, 2021 (GLOBE NEWSWIRE) — via NewMediaWire — Mechanical Technology, Incorporated (“MTI” or the “Company”), (NASDAQ: MKTY), the parent company of MTI Instruments, Inc. (“MTI Instruments”), a test and measurement instruments and systems business, and EcoChain, Inc. (“EcoChain”), a cryptocurrency mining business powered by renewable energy, announced today its second quarter 2021 financial results and July site level financials. Michael Toporek, CEO of MTI, stated, “In our EcoChain business, two themes emerged. After a solid July, installed hashrate in August is expected...

MINNEAPOLIS, MN, Aug. 10, 2021 (GLOBE NEWSWIRE) — PetVivo Holdings, Inc. (Nasdaq: PETV, PETVW) (“PetVivo” or the “Company”), an emerging biomedical device company focused on the licensing and commercialization of innovative medical devices and therapeutics for pets, today announced the pricing of an underwritten public offering of 2,500,000 units, each unit consisting of one share of common stock and one warrant to purchase one share of common stock. Each unit is being sold to the public at a price of $4.50. The gross proceeds to the Company from the offering are expected to be approximately $11.25 million before deducting underwriting discounts, commissions and other offering expenses. The warrants will have a per share exercise price of $5.625, are exercisable immediately, and expire five years from the date of issuance. The...

Increases full year guidance across all measures, now expects to grow Gross Profit and ex-TAC Gross Profit 22 to 24% and 22 to 23%, respectively, for the year. NEW YORK, Aug. 10, 2021 (GLOBE NEWSWIRE) — Taboola (Nasdaq: TBLA), a global leader in powering recommendations for the open web, helping people discover things they may like, today announced its results for the quarter ended June 30, 2021. “We went public over one month ago, and we recently announced that we are acquiring Connexity for $800M to bring e-Commerce to the open web in a big way, and we had strong momentum in Q2,” said Adam Singolda, Founder & CEO, Taboola. “I’m pleased to share that our Q2 results included growth and profits above our expectations as we continue to grow our publisher partners, with new partnerships with publications such as BBC, Hearst,...

ALISO VIEJO, Calif., Aug. 10, 2021 (GLOBE NEWSWIRE) — RxSight, Inc., an ophthalmic medical device company, today announced the appointment of three new members to its Board of Directors effective as of the closing of the Company’s initial public offering on August 3, 2021. The three appointments, including Robert (Bob) Palmisano, Robert Warner and Julie Andrews, joined directors J. Andy Corley, William J. Link, Ph.D., Juliet Tammenoms Bakker and Ron M. Kurtz, M.D. Concurrent with the new appointments, the Company announced the resignations of four long-serving board members Bruce Robertson, Ph.D., Daniel Schwartz, M.D., Christopher Cox, and Rick Wolfen. “We are excited to welcome Bob, Robert and Julie to the RxSight Board of Directors as we move forward as a public company focused on improving patient vision after cataract surgery....

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...