Month: June 2022

– iADCs are a next-generation modality for treating cancer and designed to boost anti-cancer activity, offering potential new options for patients who do not respond to existing cancer immunotherapies –       – Sutro will receive an upfront payment of US$90 million to develop iADCs for three biological targets and may be eligible to receive up to an additional US$422.5 million USD in development, regulatory and commercial milestones for each product candidate, plus royalties – TOKYO and SOUTH SAN FRANCISCO, Calif., June 27, 2022 (GLOBE NEWSWIRE) — Astellas Pharma Inc. (TSE: 4503, President and CEO: Kenji Yasukawa, Ph.D., “Astellas”) and Sutro Biopharma, Inc. (NASDAQ: STRO, CEO: William J. Newell, JD, “Sutro”) today announced a worldwide, strategic collaboration and licensing agreement focused on the discovery...

Vancouver, British Columbia, June 27, 2022 (GLOBE NEWSWIRE) — Transforma Resources Corporation (TSXV: TFM) (the “Company” or “Transforma”): Transforma is pleased to announce that it has arranged debt settlements with certain arm’s length creditors and non-arm’s length creditors of the Company to settle $764,840 in indebtedness. Approximately $362,000 is attributable to older accrued consulting fees, payable to current and former directors and officers of the Company, dating back to the period from 2016 to 2021, as well as approximately $165,000 for loans and advances made by Lee Ann Wolfin, a former director and officer of the Company. The debts will be settled by the issuance and delivery of a total of 10,926,287 common shares of the Company in the aggregate, at a deemed value of $0.07 per share. The shares will be subject to...

TORONTO, June 27, 2022 (GLOBE NEWSWIRE) — Dynamic Technologies Group Inc. (TSXV: DTG, OTC:ERILF) ( “Dynamic” or the “Company”), with reference to its previous news release dated April 12, 2022, is pleased to announce that today it closed the final tranche of the private placement by placing an aggregate of 10,800,000 units (“Units”) at a price of CDN $0.3125 per Unit for gross proceeds to the Company of CDN $3,375,000 at an exchange rate of CDN $1.25 for each USD $1.00. Since announced on April 12, 2022, the Company raised a total aggregate amount of $5,000,000 at an exchange rate of CDN $1.25 for each USD $1.00 by the issuance of 16,00,000 Units at a price of CDN $0.3125 per Unit (the “Offering”). The Company intends to use the proceeds of the Offering for working capital. No finders fees are payable in connection with the Offering. Each...

PALO ALTO, Calif., June 27, 2022 (GLOBE NEWSWIRE) — HP Inc. (NYSE: HPQ) (“HP” or the “Company”) announced today that it commenced a private exchange offer to certain eligible holders (the “Exchange Offer”) for any and all outstanding notes (the “Poly Notes”) issued by Plantronics, Inc. (NYSE: POLY) (“Poly”) for up to $500,000,000 aggregate principal amount of new notes to be issued by the Company (the “HP Notes”) and cash. As previously announced, on March 25, 2022, the Company entered into a definitive agreement (“Merger Agreement”) to acquire Poly in an all-cash transaction for $40 per share, implying a total enterprise value of $3.3 billion, inclusive of Poly’s net debt (the “Acquisition”). Pursuant to the Merger Agreement, a subsidiary of HP will merge with and into Poly, with Poly surviving the Acquisition as a wholly owned...

VANCOUVER, British Columbia, June 27, 2022 (GLOBE NEWSWIRE) — Euro Manganese Inc. (TSX-V and ASX: EMN; OTCQX: EUMNF; Frankfurt: E06) (“Euro Manganese“, the “Company” or “EMN“) is pleased to announce it has appointed Stifel Nicolaus Europe Limited, a wholly owned subsidiary of Stifel Financial Corp. (NYSE:SF) (“Stifel“) as financial advisor to assist with the structuring and securing of project financing for the development of the Company’s flagship Chvaletice Manganese Project (“CMP” or “Project“), located in the Czech Republic. The appointment of Stifel, a leading financial advisory group in the battery metals space, allows the Company to initiate dialogue with a number of potential financiers and allows due diligence to commence. Euro Manganese will work...

VANCOUVER, British Columbia, June 27, 2022 (GLOBE NEWSWIRE) — Chemesis International Inc. (CSE: CSI) (OTC: CADMF) (FRA: CWAA) (the “Company” or “Chemesis”), announces that it will complete a consolidation (“Consolidation”) of its issued and outstanding common shares on the basis of one (1) post-consolidation common share for each two (2) pre-Consolidation common shares. Any fraction of a common share will be rounded down to the nearest whole number. As a result of the Consolidation, the outstanding common shares of the Company will be reduced to ‎33,588,039‎. The common shares will begin trading on a consolidated basis and with a new CUSIP number on June 30, 2022. The Company’s name and trading symbol will not change. Letter of transmittals have been mailed to registered Shareholders and registered Shareholders will be required...

VANCOUVER, British Columbia, June 27, 2022 (GLOBE NEWSWIRE) — FIREWEED ZINC LTD. (“Fireweed” or the “Company”) (TSXV: FWZ; OTCQB: FWEDF) is pleased to announce  as a follow-up to its news release dated June 21, 2022, the TSX Venture Exchange (“TSXV”) has approved the change of name to “Fireweed Metals Corp.”.  The Company will begin trading under its new name on Thursday, June 30, 2022.  Fireweed will continue to trade under the same symbol ‘FWZ’ on the TSX Venture Exchange and the number of shares outstanding will not change. About Fireweed Metals Corp. (TSXV: FWZ; OTCQB: FWEDF; FSE:20F): Fireweed Metals is a public mineral exploration company on the leading edge of Critical Minerals project development. The Company has three projects located in northern Canada:Macmillan Pass Zinc-Lead-Silver Project: Fireweed owns 100% of the...

MIDLAND, TX, June 27, 2022 (GLOBE NEWSWIRE) — Mexco Energy Corporation (NYSE American: MXC) reported results on its Annual Report, Form 10-K to the Securities and Exchange Commission for the fiscal year ended March 31, 2022. The Company reported net income of $2,855,066 or $1.36 per diluted share, for fiscal year 2022, compared to net income of $155,932, or $0.08 per diluted share, for fiscal 2021. Operating revenues in fiscal 2022 were $6,587,780, an increase of 135% when compared to fiscal 2021 operating revenues of $2,799,004. This is the result of a 22% increase in barrels of oil equivalent (“BOE”) production and a 93% increase in BOE prices. Mexco reported net income of $997,930 for the quarter ending March 31, 2022, a 32% increase over the prior quarter ending December 31, 2021 primarily due to increases in oil and natural...