Month: July 2022

SAN DIEGO and SHANGHAI and HONG KONG and SYDNEY, Australia, July 06, 2022 (GLOBE NEWSWIRE) — Inmagene Biopharmaceuticals (“Inmagene“) and HUTCHMED (China) Limited (“HUTCHMED”) (Nasdaq/AIM:​HCM; HKEX:​13) announce today that the first participant, based in Australia, was dosed in a global Phase I trial of IMG-007, an investigational OX40 antagonistic monoclonal antibody. The Phase I study is a multi-stage, double-blind, randomized, placebo-controlled, dose-escalation study in healthy volunteers, and a dose-escalation and parallel design, multiple-dose study in adult patients with moderate to severe atopic dermatitis. The study will be used to evaluate the safety, tolerability and efficacy of IMG-007 in patients with atopic dermatitis. Additional details will be found at clinicaltrials.gov, using identifier NCT05353972. “Dosing...

TORONTO, July 05, 2022 (GLOBE NEWSWIRE) — MCI Onehealth Technologies Inc. (“MCI” or the “Company”) (TSX: DRDR), a clinician-led healthcare technology company focused on increasing access to and quality of healthcare, has entered into a loan agreement (the “Loan Agreement”) to borrow up to $5,000,000 by way of a secured loan (the “Loan”) from The First Canadian Wellness Co. Inc. (the “Lender”). Amounts may be advanced during the term of the Loan in such amounts and at such times as agreed to by the Lender and the Company, up to the maximum amount of the Loan. The Company may pay the Lender a commitment fee of up to $100,000 in respect of the Loan.  MCI intends to use the proceeds of the Loan to fund its ongoing operations and for general and administrative expenses, subject to any specific use of proceeds agreed with...

New distribution partner enhances DZS presence in Asia as service providers and enterprises seek innovative solutions to extend and enhance their wired and wireless broadband networks DALLAS, July 05, 2022 (GLOBE NEWSWIRE) — DZS (Nasdaq: DZSI), a global leader in access networking infrastructure, service assurance and consumer experience software solutions, today announced the formation of a strategic distribution partnership with ACA Pacific Technology, a leading value-added distribution company that has served the Asia-Pacific region for over 30 years. This relationship will further strengthen the rapidly growing DZS presence in Asia, where the company is already a leading mobile transport supplier, and brings the DZS next-generation Access Edge, Home Edge and Mobile & Optical Edge systems and its expansive DZS Cloud platform...

This news release constitutes a “designated news release” for the purposes of the Company’s prospectus supplement dated February 2, 2021 to its amended and restated short form base shelf prospectus dated January 4, 2022. VANCOUVER, British Columbia, July 05, 2022 (GLOBE NEWSWIRE) — HIVE Blockchain Technologies Ltd. (TSX.V:HIVE) (Nasdaq: HIVE) (FSE: HBFA) (the “Company” or “HIVE”) announces that it expects that its annual report on Form 40-F (the “Form 40-F”), which contains its annual audited financial statements, as well was its CEO and CFO certifications and its management discussion and analysis filing in Canada for the fiscal year ended March 31, 2022 (collectively, the “Annual Filings”) will be released after the scheduled filing date of June 29, 2022. The Company currently anticipates being able to file...

SINGAPORE, July 05, 2022 (GLOBE NEWSWIRE) — FTI Consulting, Inc. (NYSE: FCN) today announced its continued investment in its Corporate Finance & Restructuring segment in Asia with the appointment of Martin Wong as a Senior Managing Director. Based in Singapore, Mr. Wong brings over 24 years of experience in rehabilitative corporate restructuring and insolvency administration involving judicial management appointments, schemes of arrangement, receiverships, and voluntary and court liquidation. Mr. Wong also engages in business advisory services, helping underperforming corporations improve financial performance. Prior to joining FTI Consulting, Mr. Wong was a partner and head of the restructuring and insolvency practice at KPMG in Singapore, where he led some of the largest local and international restructuring and insolvency...

TEMPE, Ariz. and TOKYO, July 05, 2022 (GLOBE NEWSWIRE) — First Solar, Inc. (Nasdaq: FSLR) has completed the previously announced sale of a 293-megawatt (MW)DC utility-scale solar project development platform in Japan, to funds managed by PAG Real Assets (“PAG”). As part of the sale, the majority of First Solar project development employees in Japan have joined PAG. PAG is a leading Asia Pacific-focused private investment manager with more than $50 billion in assets under management. First Solar had also previously announced that it had entered into a definitive agreement pursuant to which PAG will acquire from First Solar its solar operations and maintenance (O&M) platform with approximately 665 MWDC under management, in Japan. This transaction is expected to close in the second half of 2022, after obtaining regulatory approvals,...

CALGARY, Alberta, July 05, 2022 (GLOBE NEWSWIRE) — Questor Technology Inc. (“Questor”, the “Company”), (TSX Venture Exchange: QST), announces that the Board of Directors of the Corporation granted 127,500 Restricted Share Units (RSU’s), 127,500 Performance Share Units (PSU’s) and 16,876 Deferred Share Units (DSU’s) pursuant to receiving TSX Venture Exchange approval on June 30, 2022 of the Company’s Incentive Plans, dated June 15, 2022, to certain of its officers and directors at an exercise price of $1 on July 4, 2022. Upon the granting of the RSU’s, PSU’s and DSU’s described above, Questor will have 1,109,344 security based compensation awards outstanding. The aggregate amount represents 4% of the 27,761,858 common shares currently outstanding. Questor’s security based compensation plans currently limit the...

TORTOLA, British Virgin Islands, July 05, 2022 (GLOBE NEWSWIRE) — Orca Energy Group Inc. (“Orca” or the “Corporation“) (TSX-V: ORC.A, ORC.B) announces its intention to commence a Normal Course Issuer Bid (the “Bid“) for purchase of its Class B Subordinate Voting Shares (“Class B Shares“) through the facilities of the TSX Venture Exchange (the “Exchange“) and alternative trading systems in Canada. Purchases made pursuant to the Bid will not exceed 500,000 Class B Shares, representing approximately 2.75% of the total outstanding Class B Shares as at July 4, 2022. In accordance with the policies of the Exchange, purchases under the Bid will commence on July 11 , 2022 and will continue until the earlier of the purchase of the maximum number of Class B Shares under the Bid...

Grayscale® Horizen Trust, Grayscale® Stellar Lumens Trust, and Grayscale® Zcash Trust are now SEC reporting companies NEW YORK, July 05, 2022 (GLOBE NEWSWIRE) — Grayscale Investments®, the world’s largest digital currency asset manager and sponsor of Grayscale® Horizen Trust (OTCQX: HZEN), Grayscale® Stellar Lumens Trust (OTCQX: GXLM), and Grayscale® Zcash Trust (OTCQX: ZCSH) (the Trusts), today announced that the Registration Statements on Form 10 that it filed with the Securities and Exchange Commission (SEC) on behalf of each Trust have become effective. The Trusts join the firm’s existing lineup of investment products that are SEC reporting companies: Grayscale® Bitcoin Cash Trust, Grayscale® Ethereum Classic Trust, Grayscale® Litecoin Trust, Grayscale® Bitcoin Trust, Grayscale® Ethereum Trust, and Grayscale® Digital Large...