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Month: May 2022

Orphazyme A/S under In-Court-Restructuring to sell substantially all of its assets and business activities to KemPharm, Inc.

Orphazyme A/S in restructuringCompany announcementNo. 24/2022Inside informationwww.orphazyme.comCompany Registration No. 32266355  KemPharm to acquire Orphazyme assets, including those relating to the development and approval of arimoclomol, for a total of USD 12.8 million in cash and assumed liabilities estimated to equal approximately USD 5.2 million The majority of Orphazyme’s approximately 20 current employees will become employees at KemPharm KemPharm intends to continue to pursue approval of arimoclomol as a treatment option for NPCOrphazyme A/S in restructuring (ORPHA.CO; ORPH) (“Orphazyme” or the “Company”), a late-stage biopharmaceutical company developing arimoclomol for Niemann-Pick disease type C (NPC), announces today that it has signed an agreement to sell substantially all of the Company’s assets and business activities...

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Cool Company Ltd. – Mandatory Notification of Trade

EPS Ventures Ltd., close associate of Cyril Ducau, Chair of the Board of Cool Company Ltd. (the “Company”), has on 13 May 2022 acquired 38,419 shares in the Company at a price of NOK 84.63 per share. Following the transaction, EPS Ventures Ltd. holds a total of 15,038,419 shares in the Company, equivalent to 37.59% of the Company’s shares. Please see attached notification form in accordance with the Market Abuse Regulation article 19. This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.  AttachmentPrimary insider notification form

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Press Release: Sarclisa® (isatuximab) combination provides unprecedented median progression free survival in patients with relapsed multiple myeloma receiving a proteasome inhibitor therapy

Sarclisa® (isatuximab) combination provides unprecedented median progression free survival in patients with relapsed multiple myeloma receiving a proteasome inhibitor therapyLatest results of the Phase 3 IKEMA trial demonstrate the longest median progression free survival (mPFS) on a proteasome inhibitor backbone in patients who relapsed after a prior therapy, including lenalidomide The median progression free survival, increased from 19.2 months to 35.7 months when Sarclisa was added to carfilzomib and dexamethasone Further analysis, following U.S. Food and Drug Administration recommendations on censoring rules, showed mPFS increased from 20.8 to 41.7 months when Sarclisa was added to carfilzomib and dexamethasonePARIS, May 15, 2022. Latest results from the Phase 3 IKEMA clinical trial evaluating Sarclisa® (isatuximab) in combination...

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Calliditas Therapeutics Launches an Online Patient Platform

This launch coincides with the inaugural IgAN Awareness Day STOCKHOLM, Sweden, May 14, 2022 (GLOBE NEWSWIRE) — Calliditas Therapeutics AB (Nasdaq: CALT, Nasdaq Stockholm: CALTX) (“Calliditas”) today announced the launch of IgAN Connect, a new online platform to provide resources to people living with IgA nephropathy, or IgAN, a chronic autoimmune disease. IgANConnect.com provides individuals who have just been diagnosed with IgA nephropathy, those who have been living with the disease for many years, and caregivers the tools to help understand and manage IgA nephropathy. The complimentary IgAN Connect Facebook page provides an environment where individuals living with the disease are encouraged to explore educational and motivational resources alongside other members of the community. “As a rare and chronic autoimmune disease with...

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CPI Aerostructures Reports Third Quarter and Nine Month 2021 Results

Third Quarter 2021 vs. Third Quarter 2020 (Re-stated)Revenue of $23.9 million compared to $25.6 million; Gross profit of $3.7 million compared to $4.2 million; Gross margin of 15.3% compared to 16.4%; Net income of $5.4 million ($0.6M excluding $4.8 million in PPP loan forgiveness) compared to $0.8 million; Earnings per diluted share of $0.44 ($0.05 excluding $0.39 in PPP loan forgiveness) compared to $0.07; Cash flow from operations of $1.2 million compared to a use of $(2.4) million.Nine Months 2021 vs. Nine Months 2020 (Re-stated)Revenue of $77.0 million compared to $62.2 million; Gross profit of $12.2 million compared to $6.2 million; Gross margin of 15.8% compared to 9.9%; Net income of $7.3 million ($2.5 million excluding $4.8 million in PPP loan forgiveness) compared to net loss of $(3.9) million; Earnings per diluted share...

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Victory Square Technologies Provides Status Report of Annual Financial Statements and MD&A

VANCOUVER, British Columbia, May 13, 2022 (GLOBE NEWSWIRE) — Victory Square Technologies Inc. (“Victory Square” or “VST”) (CSE:VST) (OTC:VSQTF) (FWB:6F6) provides this bi-weekly default status report in accordance with the alternative information guidelines set out in National Policy 12-203 – Management Cease Trade Orders (“NP 12-203”). The Company announced on April 29, 2022 that it had applied for a management cease trade order (“MCTO”) with the applicable securities regulatory authorities in Canada on the basis that the Company’s audited annual financial statements and accompanying management’s discussion and analysis for the fiscal year ended December 31, 2021 (the “Annual Filings”) would not be filed by the applicable filing deadline of May 2, 2022 (the “Default Announcement”). The Company announced that the MCTO was issued...

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Billy Goat Brands Adds Director

VANCOUVER, British Columbia, May 13, 2022 (GLOBE NEWSWIRE) — Billy Goat Brands Ltd. (“GOAT” or the “Company”) (CSE: GOAT) (OTCQB: BGTTF) (FRA: 26B), a venture capital platform focused on identifying, sponsoring and incubating high-potential companies in the ocean economy, is pleased to announce it has added Mr. Lawrence Hay to its Board of Directors. Mr. Hay is an officer and director of a variety of private and public companies and has extensive experience structuring and financing companies within the clean energy and ESG industries. Further, former Chief Operating Officer and founding director of the Company, Kris Dahl, has stepped down and also resigned from the Board of Directors effective immediately. The Company would like to thank Mr. Dahl for his valuable contributions to date and wishes him the best of luck with his future...

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Novo Reports Q1 2022 Financial Results

VANCOUVER, British Columbia, May 13, 2022 (GLOBE NEWSWIRE) — Novo Resources Corp. (“Novo” or the “Company”) (TSX: NVO, NVO.WT & NVO.WT.A) (OTCQX: NSRPF) is pleased to announce its financial results for the three-month period ended March 31, 2022. All amounts are expressed in Canadian dollars, unless otherwise noted. This news release should be read together with Novo’s management’s discussion and analysis (the “MD&A”) and condensed interim consolidated financial statements (the “Financial Statements”) for the three-month period ended March 31, 2022 (“Q1 2022”) which are available under Novo’s profile on SEDAR (www.sedar.com). HighlightsRevenue of $31.9 million from the sale of 13,364 ounces of gold from the Company’s Beatons Creek gold project (the “Beatons Creek Project”) in Q1 2022 at an average realized price1 of...

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Badger Announces Voting Results of Annual Meeting of Shareholders

CALGARY, Alberta, May 13, 2022 (GLOBE NEWSWIRE) — Badger Infrastructure Solutions Ltd. (“Badger”, the “Company”, “we”, “our” or “us”) is pleased to announce that all of the motions put forward at its annual meeting of shareholders held on May 13, 2022 (the “Meeting”) were approved by its shareholders. A total of 28,956,760 common shares in the capital of the Company, representing approximately 84.00% of the issued and outstanding common shares, were represented in person or by proxy at the Meeting. All eight director nominees proposed by management were elected. Proxies and in person votes were received as follows:  Votes For % Votes Withheld %Glen Roane 27,802,088 96.14 1,115,807 3.86Catherine Best 26,639,220 92.12 2,278,675 7.88David Bronicheski 28,532,933 98.67 384,962 1.33William Derwin 28,531,856 98.67 386,038 1.33Stephen...

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Peyto Exploration & Development Corp. Confirms Monthly Dividend for June 15, 2022

CALGARY, Alberta, May 13, 2022 (GLOBE NEWSWIRE) — Peyto Exploration & Development Corp. (TSX: PEY) (“Peyto”) confirms that the monthly dividend with respect to May 2022 of $0.05 per common share is to be paid on June 15, 2022, for shareholders of record on May 31, 2022. The ex-dividend date for the May dividend is May 30, 2022. Dividends paid by Peyto to Canadian residents are eligible dividends for Canadian income tax purposes. Shareholders and interested investors are encouraged to visit the Peyto website at www.peyto.com to learn more about what makes Peyto one of North America’s most exciting energy companies. The website also includes a monthly report, which discusses various topics chosen by the CEO and includes estimates of monthly capital expenditures and production. For further information please contact:Darren...

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