Day: December 13, 2021

Landec Corporation Announces Sale of Curation Foods’ Fresh Packaged Salads and Vegetables Business for $73.5 Million in Cash

Written by Customer Service on December 13, 2021. Posted in Public Companies.

Strategic sale results in a CDMO-focused company aligned with attractive growth categories and end marketsNet proceeds from the sale will be allocated towards debt pay down, resulting in significant deleveragingAnnounces fiscal second quarter earnings call on January 5, 2022 SANTA MARIA, Calif., Dec. 13, 2021 (GLOBE NEWSWIRE) — Landec Corporation (Nasdaq: LNDC) (“Landec” or the “Company”), a diversified health and wellness company focused on its growing Lifecore Biomedical (“Lifecore”) business – a fully integrated contract development and manufacturing organization (“CDMO”) that offers highly differentiated capabilities in the development, fill and finish of complex sterile injectable pharmaceutical products in syringes and vials – today announced that it has completed the sale of its Curation Food’s fresh packaged salads and...

Agios Presents Mitapivat Long-term Extension Data Demonstrating Durability of Hemoglobin Response and Transfusion Burden Reduction in Adults with Pyruvate Kinase (PK) Deficiency at 63rd ASH Annual Meeting and Exposition

Written by Customer Service on December 13, 2021. Posted in Public Companies.

– Additional Data Presented at ASH Support the Potential of Mitapivat to Improve Ineffective Erythropoiesis and Iron Overload and Stabilize Bone Mineral Density in PK Deficiency Patients – – Mitapivat Is Under Regulatory Review in the U.S. and EU as a Potential Treatment for Adults with PK Deficiency – – Agios to Host Investor Webcast on Dec. 14, 2021, at 7:30 a.m. ET – CAMBRIDGE, Mass., Dec. 13, 2021 (GLOBE NEWSWIRE) — Agios Pharmaceuticals, Inc. (NASDAQ: AGIO), a leader in the field of cellular metabolism to treat genetically defined diseases, today reported new data from the ongoing long-term extension study assessing the duration of effects of mitapivat on hemoglobin response and transfusion burden reduction in adults with pyruvate kinase (PK) deficiency who had participated in one of the pivotal studies, ACTIVATE and ACTIVATE-T,...

Global Water Resources Signs Letter of Intent to Acquire Farmers Water Co. in Pima County, Arizona

Written by Customer Service on December 13, 2021. Posted in Mergers And Acquisitions.

SAHUARITA, Ariz., Dec. 13, 2021 (GLOBE NEWSWIRE) — Global Water Resources, Inc. (NASDAQ: GWRS), (TSX: GWR), an Arizona-based water resource management company, has signed a Letter of Intent to acquire Farmers Water Co., a subsidiary of Farmers Investment Co. (FICO), located in Pima County, Arizona. The acquisition, if completed, would add approximately 3,300 active water service connections in Sahuarita and surrounding unincorporated Pima County to the Global Water family of companies. The primarily residential connections are in close proximity to the service area of Global Water’s recently acquired Las Quintas Serenas, Francesca, Mirabell, and Red Rock water companies. The next steps in the acquisition process include the completion of due diligence, execution of definitive agreements, and other customary conditions and approvals. “We...

Radisson Announces Closing of Oversubscribed $6.7 Million Private Placement

Written by Customer Service on December 13, 2021. Posted in Public Companies.

Not for distribution to United States newswire services or for dissemination in the United States ROUYN-NORANDA, Quebec, Dec. 13, 2021 (GLOBE NEWSWIRE) — Radisson Mining Resources Inc. (TSX-V: RDS, OTC: RMRDF) (“Radisson” or the “Corporation“) is pleased to announce that it has closed its previously announced private placement for aggregate gross proceeds of $6,773,110 (the “Offering”). The Offering was conducted pursuant to the terms and conditions of an agency agreement entered into between the Corporation and a syndicate of agents led by Eight Capital as lead agent (the “Lead Agent”) and BMO Capital Markets, INFOR Financial Inc., Echelon Wealth Partners Inc., Laurentian Bank Securities Inc. and Raymond James Ltd. (together with the Lead Agent, the “Agents”). The Offering consisted of the issuance of (i) 10,819,629 Quebec...

Freeline Announces 2022 Corporate Priorities and Guidance

Written by Customer Service on December 13, 2021. Posted in Public Companies.

Promising execution in the clinic with programs in hemophilia B, Fabry disease and Gaucher disease; potential to deliver transformative therapies driven by Freeline’s differentiated platform Data anticipated across all programs by mid-2022 FLT180a B-LIEVE trial for hemophilia B launched in Q4 2021, one quarter ahead of latest guidance FLT201 Phase 1/2 trial for Gaucher disease Type 1 on track for trial site initiation by year-end 2021; dosing in Q1 2022FLT190 MARVEL-1 trial for Fabry disease progressing in the clinic;next patient expected to be dosed in H1 2022 Company continues to prioritize investments on the highest value activities; hones corporate focus with deprioritization of hemophilia A program and proposed 25% workforce reduction LONDON, Dec. 13, 2021 (GLOBE NEWSWIRE) — Freeline Therapeutics Holdings plc (Nasdaq: FRLN)...

Galantas Gold Drills 10.1 g/t Gold and 93.5 g/t Silver Over 6.5 Metres at the Omagh Project

Written by Customer Service on December 13, 2021. Posted in Public Companies.

Figure 1Joshua Vein long-section view showing the FR-DD-21-171 intersections and other key intersections that lie along the proposed ‘dilation zone’ trend.Figure 2Kearney Vein long-section view showing part of the resource model, the FR-DD-21-UG-172 intersections and other key vein intersections.TORONTO, Dec. 13, 2021 (GLOBE NEWSWIRE) — Galantas Gold Corporation (TSX-V & AIM: GAL; OTCQX: GALKF) (“Galantas” or the “Company”) is pleased to announce results from its ongoing 4,000-metre drilling program at the Omagh Project in Northern Ireland. Drilling highlights:Hole FR-DD-21-171 intersected 10.1 grams per tonne (g/t) gold (Au), 93.5 g/t silver (Ag) and 3.4% lead (Pb) over 6.5 metres (see Table 1 for details). This hole, drilled from surface, successfully targeted a potential ‘dilation zone’...

ArcelorMittal Enters into Repurchase Agreements with Certain Holders of its Mandatorily Convertible Subordinated Notes

Written by Customer Service on December 13, 2021. Posted in Public Companies.

THIS ANNOUNCEMENT IS FOR INFORMATION ONLY AND IS NOT AN OFFER TO PURCHASE OR A SOLICITATION OF OFFERS TO SELL ANY SECURITIES. 13 December 2021, 23:10 CET ArcelorMittal (the ‘Company’ or ‘ArcelorMittal’) announced today that it has entered into separate, privately negotiated repurchase transactions with a limited number of holders of the Company’s 5.50% Mandatorily Convertible Subordinated Notes due 2023 (the “Notes”). Pursuant to the transactions, the Company will repurchase approximately $395 million in aggregate principal amount of the Notes. The aggregate repurchase price payable by the Company will be based on the daily volume-weighted average price of the Company’s ordinary shares during a price determination period following execution of the repurchase agreements. The Company anticipates that holders of the outstanding Notes that...

American National offers information and resources after Midwest Storms

Written by Customer Service on December 13, 2021. Posted in Public Companies.

SPRINGFIELD, Mo., Dec. 13, 2021 (GLOBE NEWSWIRE) — Our thoughts and prayers go out to those affected by the storms that caused catastrophic damages to Kentucky, Arkansas, Tennessee, Missouri and Illinois. We hope you will find the following informational resources helpful while dealing with the aftermath of these storms. Please be advised to follow the orders of local authorities. If you are an American National policyholder: There are several ways to report a claim (to ensure efficient claims service, check that your login credentials are up to date):Mobile: Use the AN Mobile app, available for free at the Apple App store or Google Play. An account is required. Online: Go to AmericanNational.com and login to your account. To create an account, go to AmericanNational.com > Customer Login > Personal Insurance – Log In > Register. Phone:...

Brown & Brown, Inc. announces the acquisition of Dealer Admin. Services, Inc. by Brown & Brown Dealer Services

Written by Customer Service on December 13, 2021. Posted in Mergers And Acquisitions.

DAYTONA BEACH, Fla., Dec. 13, 2021 (GLOBE NEWSWIRE) — J. Scott Penny, chief acquisitions officer of Brown & Brown, Inc. (NYSE:BRO), and Bill Kelly and Joel Kansanback, owners of Dealer Admin. Services, Inc. (“DAS”), today announced that Brown & Brown Dealer Services (“BBDS”) has acquired substantially all of the assets of DAS. DAS is a dealer-centric administrator that provides aftermarket F&I product solutions for franchise and pre-owned dealers. DAS will become a division of Brown & Brown Dealer Services, under the leadership of Mike Neal—Bill Kelly will continue to lead the DAS operations from offices in Bloomington, Minnesota. Mike stated, “DAS has supported our valued BBDS dealer customers since Bill and Joel joined the Brown & Brown team as part of the ADG acquisition. The addition of the DAS team...

Clay Jones Promoted to President and Chief Operating Officer of Heritage Bank of Commerce

Written by Customer Service on December 13, 2021. Posted in Public Companies.

SAN JOSE, Calif., Dec. 13, 2021 (GLOBE NEWSWIRE) — Heritage Commerce Corp (Nasdaq: HTBK), the holding company (the “Company”) of Heritage Bank of Commerce (the “Bank”), today announced that the Board of Directors of the Company and the Bank approved the appointment of Robertson (Clay) Jones as President and Chief Operating Officer of the Bank, effective immediately. Walter T. Kaczmarek, President and Chief Executive Officer of the Company, will continue as Chief Executive Officer of the Bank. “Clay is an exceptional leader and his promotion to President and Chief Operating Officer of the Bank places him in a key leadership role to preside over further growth and success of our Bank, and I look forward to working with him in this new role,” said Mr. Kaczmarek. “Clay has more than three decades of proven experience growing community...

Day: December 13, 2021

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