Day: December 8, 2021
Sibanye-Stillwater to become largest shareholder of Generation Mining
TORONTO, Dec. 08, 2021 (GLOBE NEWSWIRE) — Generation Mining Limited (TSX: GENM; OTCQB: GENMF) (“Gen Mining” or the “Company”) is pleased to announce that it has entered into a binding acquisition agreement (the “Acquisition Agreement”) with Stillwater Canada Inc. (“Stillwater”) a subsidiary of Sibanye Stillwater Limited (“Sibanye-Stillwater”) and the Company’s wholly-owned subsidiary Generation PGM Inc. (“Gen Subco”), pursuant to which Gen Subco will acquire Stillwater’s remaining 16.5% interest in the Marathon Palladium Copper project in Northwestern Ontario (the “Marathon Project”) (the “Transaction”).
Sibanye-Stillwater (including its affiliates) currently owns 11,053,795 common shares of Gen Mining, and on closing of the Transaction will own 32,813,127 common...
Biofrontera Inc. Announces Notice of Allowance for U.S. Method-of-Use Patent on PDT-lamp
Written by Customer Service on . Posted in Public Companies.
WOBURN, Mass., Dec. 08, 2021 (GLOBE NEWSWIRE) — Biofrontera Inc. (Nasdaq: BFRI), a biopharmaceutical company specializing in the commercialization of dermatological products, announced today that the United States Patent and Trademark Office (USPTO) has issued a Notice of Allowance for Biofrontera Pharma GmbH’s U.S. patent number 17/215,785 (‘785 patent), titled “Illumination device for photodynamic therapy, method for treating a skin disease and method for operating an illumination device,” which protects a number of innovations relating to the RhodoLED XL lamp.
“This is a patent covered by the exclusive license of Biofrontera Inc. to sell Ameluz and the RhodoLED lamp series in the USA. It furthers Biofrontera’s commitment to patient safety, enhances our lead product’s competitive position and strengthens the intellectual property...
Flushing Bank Partners with The Lonely Entrepreneur to Offer Free Entrepreneur Learning to Minority Business Owners
Written by Customer Service on . Posted in Public Companies.
UNIONDALE, N.Y., Dec. 08, 2021 (GLOBE NEWSWIRE) — Flushing Financial Corporation (the “Company”) (Nasdaq-GS: FFIC), the parent holding company for Flushing Bank (the “Bank”), announced a partnership with The Lonely Entrepreneur (TLE), a New York-based non-profit, to provide minority entrepreneurs with one-year free access to The Lonely Entrepreneur Learning Community – a one-stop-shop platform that provides entrepreneurs with the knowledge, tools, and ongoing support they need to start or grow a business.
John R. Buran stated, “I am excited about our partnership with TLE to support local minority- owned businesses. As a community bank, we recognize the significant role small businesses play in the economic performance of our local communities. Now, more than ever, we need to provide these businesses with the tools and resources...
PFL Petroleum Services Limited Acquires 50 percent interest in First Flare and Repair LLC
Written by Customer Service on . Posted in Mergers And Acquisitions.
NAPLES, Fla., Dec. 08, 2021 (GLOBE NEWSWIRE) — PFL Petroleum Services Limited (“PFL”) and First Flare and Repair LLC (“First Flare”) announce today that PFL has acquired a fifty percent (50%) interest in First Flare, a Denver, Colorado based mobile railcar repair, transloading and flaring company with locations in Corpus Christi, Texas and Ohio.
“First Flare and Repair has long been a strategic partner to PFL,” stated Curtis Chandler, President of PFL Petroleum Services Limited. “The synergies of services and staff will significantly enhance our opportunities to serve the rail car industry.” He continued “the interest purchased in First Flare will enable PFL to truly be a one stop shop for our clients’ rail car needs.”
First Flare will be well positioned to offer cleaning, repair and other services. PFL’s current railcar...
Freddie Mac Prices $215 Million Multifamily K-Deal, K-J36
Written by Customer Service on . Posted in Public Companies.
MCLEAN, Va., Dec. 08, 2021 (GLOBE NEWSWIRE) — Freddie Mac (OTCQB: FMCC) recently priced a new offering of Structured Pass-Through Certificates (K Certificates) which are backed by underlying collateral consisting of supplemental multifamily mortgages. The company expects to issue approximately $215 million in K Certificates (K-J36 Certificates), which are expected to settle on or about December 16, 2021.
K-J36 PricingClass
Principal/Notional Amount (mm)
Weighted Average Life (Years)
Spread (bps)
Coupon
Yield
Dollar PriceA-1
$37.440
3.93
S-1
1.2980%
1.2789%
$99.9996A-2
$177.683
7.56
S+28
2.0710%
1.7747%
$101.9989X
Non-OfferedCo-Lead Managers and Joint Bookrunners: Morgan Stanley & Co. LLC and Wells Fargo Securities, LLC
Co-Managers: Drexel Hamilton, LLC, J.P. Morgan Securities LLC, Nomura Securities International,...
UAV CORP (UMAV) ANNOUNCES INTEGRATION OF ENGINE PROPULSIONS HARD STRUCTURES
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$UMAV – UAV CORP (UMAV) ANNOUNCES INTEGRATION OF ENGINE PROPULSIONS HARD STRUCTURES$UMAV – Company moved closer to completion of the SA 70-12 semi-rigid detachable airship from a tether technology or “DATT” airshipPort St. Joe-Wewahitchka, Florida, Dec. 08, 2021 (GLOBE NEWSWIRE) — UAV Corp’s (OTC Pink: UMAV) completed the integration of the engine hard structures of the Company’s airship. Flight controls and propulsion integration is planned over the next 3 weeks. The Company moved closer to completion of the SA 70-12 semi-rigid detachable airship from a tether technology or “DATT” airship. The new hard structures are designed to support full vectoring of the propulsion system that can handle the stress loads of vertical take-off and landing in both manned, unmanned and tether operations.
There are...
All American Gold Corp. Starts Audit Process
Written by Customer Service on . Posted in Public Companies.
Las Vegas, NV, Dec. 08, 2021 (GLOBE NEWSWIRE) — All American Gold Corp. (OTC Pink: AAGC) is excited to update the public about recent and future advancements.
On November 30, 2021, All American Gold Corp. formally engaged with an accounting firm that specializes in auditing small and mid-sized public companies for the purpose of becoming a fully reporting entity. This firm, located on the West Coast, is currently reviewing all financial transactions pertaining to Hollywood Star Cuts, a solely owned entity of All American Gold Corp. The Company impresses that it has always been the intention of All American Gold Corp. to become a fully reporting entity and possibly even uptick to a larger exchange when the time is right.
Hollywood Star Cuts, a full-service hair salon with a fun and exciting Hollywood and Southern California theme,...
New Kisqali® data shows consistent overall survival benefit across genomic and clinical subtypes of interest in HR+/HER2- metastatic breast cancer
Written by Customer Service on . Posted in Public Companies.
Data from the MONALEESA Phase III program provide further evidence of the unique profile of Kisqali, the CDK4/6 inhibitor with the longest reported median overall survival (OS) in HR+/HER2- metastatic breast cancer (over 5 years) and proven OS benefit across patient subgroups1-5Kisqali pooled data at the San Antonio Breast Cancer Symposium confirms OS benefit across most common genomic intrinsic subtypes of HR+/HER2- metastatic breast cancer, including the aggressive, ET-resistant HER2-enriched subtype6 Data supports rationale for HARMONIA, the first prospective, head-to-head Phase III trial seeking to identify the best therapeutic option between Kisqali and Ibrance®* for patients with the HER2-enriched subtypeKisqali remains the only CDK4/6i with consistent OS benefit across the entire MONALEESA program, regardless of site...
Stran & Company, Inc. Announces Pricing of a $21.7 Million Private Placement
Written by Customer Service on . Posted in Public Companies.
Quincy, Mass, Dec. 08, 2021 (GLOBE NEWSWIRE) — Stran & Company, Inc. (“Stran” or the “Company”) (NASDAQ: STRN) (NASDAQ: STRNW), a leading outsourced marketing solutions provider that leverages its promotional products and loyalty incentive expertise, today announced that it entered into a securities purchase agreement with certain institutional investors to purchase approximately $21.7 million worth of its common stock and warrants in a private placement.
Under the terms of the securities purchase agreement, Stran has agreed to sell 4,371,926 shares of its common stock and warrants to purchase 5,464,907 shares of common stock. The warrants will be exercisable immediately upon the date of issuance and have an exercise price of $4.97 per share. The warrants will expire five years from the date of issuance....
Adial Announces Cary J. Claiborne, a Renowned Pharmaceutical Executive and Current Board Member, has Joined the Company as Chief Operating Officer
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CHARLOTTESVILLE, Va., Dec. 08, 2021 (GLOBE NEWSWIRE) — Adial Pharmaceuticals, Inc. (NASDAQ: ADIL; ADILW), a clinical-stage biopharmaceutical company focused on developing therapies for the treatment and prevention of addiction and related disorders, today announced the appointment of Cary J. Claiborne as Chief Operating Officer. Mr. Claiborne will continue to serve on the Board of Directors.
In his new role, Mr. Claiborne will be responsible for overseeing the Company’s strategic growth initiatives, including commercial preparations for AD04, advancement of the clinical pipeline, as well as identifying potential strategic/partnering opportunities related to addiction and the Company’s adenosine platform through its wholly-owned subsidiary, Purnovate, Inc. Joseph Truluck who previously served as Chief Operating Officer and Chief...