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Day: June 28, 2023

Alvotech Provides Regulatory Update on Second Biologics License Application for AVT02

Alvotech (NASDAQ: ALVO), a global biotech company specializing in the development and manufacture of biosimilar medicines for patients worldwide, announced today that the US Food and Drug Administration (FDA) has issued a complete response letter (CRL) for Alvotech’s second Biologics License Application (BLA) for AVT02, a high-concentration biosimilar candidate for Humira® (adalimumab). As the second of two BLAs submitted for AVT02, this BLA contained data to support approval as a high-concentration biosimilar and additional information to support the interchangeability designation. The CRL noted that certain deficiencies, which were conveyed following the FDA’s reinspection of the company’s Reykjavik facility that concluded in March 2023, must be satisfactorily resolved before the application can be approved. No other deficiencies in...

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Alvotech Provides Regulatory Update on Second Biologics License Application for AVT02

REYKJAVIK, Iceland, June 28, 2023 (GLOBE NEWSWIRE) — Alvotech (NASDAQ: ALVO), a global biotech company specializing in the development and manufacture of biosimilar medicines for patients worldwide, announced today that the US Food and Drug Administration (FDA) has issued a complete response letter (CRL) for Alvotech’s second Biologics License Application (BLA) for AVT02, a high-concentration biosimilar candidate for Humira® (adalimumab). As the second of two BLAs submitted for AVT02, this BLA contained data to support approval as a high-concentration biosimilar and additional information to support the interchangeability designation. The CRL noted that certain deficiencies, which were conveyed following the FDA’s reinspection of the company’s Reykjavik facility that concluded in March 2023, must be satisfactorily resolved before...

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Freshpet Further Advances its Operational Improvement Plan with New Hires, Bringing Additional Capabilities to Support Growth and Margin Expansion

Appointment of Christopher Kraus as Chief Information Officer, Nishu Patel as VP, Corporate Controller and Wyatt Hassel to VP of Manufacturing SECAUCUS, N.J., June 28, 2023 (GLOBE NEWSWIRE) — Freshpet Inc. (NASDAQ: FRPT) (“Freshpet” or the “Company”) today announced the addition of at Christopher Kraus as Chief Information Officer, Nishu Patel as VP, Corporate Controller, and Wyatt Hassel as VP, Manufacturing. These additions complete the majority of key hires that are part of the Operational Improvement Plan the Company laid out last fall. The plan contains a detailed roadmap of the skills needed as Freshpet grows and expands. With these three roles filled, Freshpet further strengthened its financial, manufacturing, and operational expertise to support its continued track record of industry-leading growth. Progress against the...

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OTC Markets Requests Atlas Salt to Comment on Recent Promotional Activity

ST. JOHN’S, Newfoundland and Labrador, June 28, 2023 (GLOBE NEWSWIRE) — Atlas Salt (the “Company” or “Atlas” – TSXV: SALT; OTCQB: REMRF; FSE: 9D00), has been requested by the OTC Markets Group Inc. to comment on promotional activity concerning its common stock traded on the OTCQB market. On June 26, 2023, OTC Markets informed the Company that it became aware of certain promotional activities concerning the Company and its common stock traded on the OTCQB Marketplace, including the distribution of promotional email materials (materials) published by Gold Standard Media (“Gold Standard”) and its affiliates including Future Money Trends LLC, Wealth Research Group LLC, Portfolio Wealth Global LLC from June 24 – June 26, 2023, discussing the Company and its salt project activities. The Company had the opportunity to review...

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Resignation of Chairman and Director

VANCOUVER, British Columbia, June 28, 2023 (GLOBE NEWSWIRE) — Search Minerals Inc. (TSXV: SMY | OTCQB: SHCMF) (“Search” or the “Company”), announces that Leo Power has resigned as Chairman, and Director of the Company effective June 27, 2023. The Board is conducting a process to identify a new independent director and will update the market in due course. About Search Minerals Inc.: Search Minerals is focused on finding and developing Critical Rare Earths Elements (CREE), Zirconium (Zr) and Hafnium (Hf) resources within the emerging Port Hope Simpson – St. Lewis CREE District of South East Labrador. Search controls two deposits (Foxtrot and Deep Fox), two drill ready prospects (Fox Meadow and Silver Fox) and numerous other REE prospects, including Fox Valley, Foxy Lady and Awesome Fox, along a 64 km long belt forming a REE District...

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Equity Bancshares, Inc. Will Announce Second Quarter 2023 Results on July 18, 2023

WICHITA, Kan., June 28, 2023 (GLOBE NEWSWIRE) — Equity Bancshares, Inc. (NYSE:EQBK), (“Equity”), the Wichita-based holding company of Equity Bank, will release its second quarter results on Tuesday, July 18, 2023, with a press release issued after market close. Equity Chairman and Chief Executive Officer Brad Elliott and Chief Financial Officer Eric Newell will hold a conference call and webcast to discuss earnings results on Wednesday, July 19, 2023 at 10 a.m. eastern time or 9 a.m. central time. A live webcast of the call will be available on the Company’s website at investor.equitybank.com. To access the call by phone, please go to this registration link and follow the registration instructions. Once you have registered for the call, dial-in information will be provided. Investors, news media, and other participants are encouraged...

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Purpose Investments Inc. Announces 2023 Second Quarter Distributions for Purpose Specialty Lending Trust

TORONTO, June 28, 2023 (GLOBE NEWSWIRE) — Purpose Investments Inc. is pleased to announce the 2023 second quarter distributions for Purpose Specialty Lending Trust.  Ticker Symbol Distribution per share/unit Ex Distribution Date Record Date Payable DatePurpose Specialty Lending Trust – Class A Unlisted $ 0.1180 06/29/2023 06/30/2023 07/25/2023Purpose Specialty Lending Trust – Class F Unlisted $ 0.1220 06/29/2023 06/30/2023 07/25/2023Purpose Specialty Lending Trust – Class U Unlisted US$ 0.1570 06/29/2023 06/30/2023 07/25/2023Purpose Specialty Lending Trust – Class A1, Series 2 Unlisted $ 0.1370 06/29/2023 06/30/2023 07/25/2023Purpose Specialty Lending Trust – Class F, Series 3 Unlisted $ 0.1420 06/29/2023 06/30/2023 07/25/2023About Purpose Investments Inc. Purpose Investments Inc. is an asset management company...

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Newcore Gold Announces Closing of $5 Million Private Placement Financing

NOT FOR DISTRIBUTION TO THE UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES VANCOUVER, British Columbia, June 28, 2023 (GLOBE NEWSWIRE) — Newcore Gold Ltd. (“Newcore” or the “Company”) (TSX-V: NCAU, OTCQX: NCAUF) is pleased to announce that it has closed its previously announced non-brokered private placement financing pursuant to which the Company issued 33,333,332 units of the Company at $0.15 per Unit (the “Units”) for aggregate gross proceeds of $4,999,999.80 (the “Offering”). The securities were offered under the Listed Issuer Financing Exemption (as defined below). Luke Alexander, President and CEO of Newcore stated, “We are pleased to be welcoming a new institutional investor and would also like to thank our existing shareholders for their continued...

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Transocean Ltd. Announces $184 Million Award for Harsh Environment Semisubmersible

STEINHAUSEN, Switzerland, June 28, 2023 (GLOBE NEWSWIRE) — Transocean Ltd. (NYSE: RIG) (“Transocean”) today announced a 16-well binding award for the Transocean Equinox in Australia for a consortium of four operators. The estimated 380-day campaign contributes approximately $184 million in backlog, excluding full compensation for mobilization and demobilization. The engagement also includes options that, if fully exercised, could keep the Transocean Equinox working in Australia into 2028. This new award is expected to commence in the first quarter of 2025 in direct continuation of the rig’s previously announced five-well, 300-day commitment in Australia with a major operator, currently expected to start in the first quarter of 2024. About Transocean Transocean is a leading international provider of offshore contract drilling services...

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Novo Closes Cornerstone Investment With De Grey Mining

Not for distribution to United States Newswire Services or for dissemination in the United States HIGHLIGHTSClosing of A$10 million (approximately C$8.97 million) cornerstone investment in Novo (the “Financing”) by De Grey Mining Limited (ASX: DEG) (“De Grey”) via the issuance of 35,223,670 common shares of Novo (“Shares”) at a price of approximately C$0.255 per Share, representing an undiluted 11.6% post-Financing position in Novo De Grey to advance Becher Gold Project and adjacent tenements through an earn-in and joint venture (“Egina JV”) and earn a 50% interest by incurring A$25 million on exploration within four years (with a minimum commitment of A$7 million over 18 months)1VANCOUVER, British Columbia, June 28, 2023 (GLOBE NEWSWIRE) — Novo Resources Corp. (“Novo” or the “Company”) (TSX: NVO, NVO.WT & NVO.WT.A) (OTCQX:...

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