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Day: February 28, 2024

Veru Announces Notification from Nasdaq Related to Delayed Quarterly Report on Form 10-Q

Written by Customer Service on . Posted in Public Companies.

MIAMI, FL, Feb. 27, 2024 (GLOBE NEWSWIRE) — Veru Inc. (NASDAQ: VERU), a late clinical stage biopharmaceutical company focused on developing innovative medicines for preserving muscle for higher quality weight loss, oncology, and viral induced acute respiratory distress syndrome (ARDS), today announced that it received a delinquency notification letter (“Notice”) from the Listing Qualifications staff of the Nasdaq Stock Market LLC (“Nasdaq”) on February 21, 2024 due to the Company’s non-compliance with Nasdaq Listing Rule 5250(c)(1) as a result of the Company’s failure to timely file its Quarterly Report on Form 10-Q for the fiscal quarter ended December 31, 2023 (the “Form 10-Q”). Nasdaq Listing Rule 5250(c)(1) requires listed companies to timely file all required periodic financial reports with the Securities and Exchange Commission...

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Patagonia Gold to Reacquire COSE Property From Pan American Silver

Written by Customer Service on . Posted in Mergers And Acquisitions.

VANCOUVER, British Columbia, Feb. 27, 2024 (GLOBE NEWSWIRE) — Patagonia Gold Corp. (“Patagonia” or the “Company”) (TSXV: PGDC) announces that it has agreed to reacquire the COSE property (“COSE”) from Pan American Silver Corp. (“PAAS”). On February 27, 2024, the Company entered into an agreement (the “Agreement”) pursuant to which it agreed to reacquire COSE in exchange for assuming PAAS’s costs and liabilities in relation to COSE (the “Transaction”). The Company sold COSE to PAAS in 2018 and PAAS closed the COSE mine in 2022, after mining the known, main COSE mineral deposit. The Company is not making a monetary payment to PAAS in connection with the Transaction but has agreed to assume the remaining closure costs of COSE, which are mainly related to ongoing environmental monitoring. Completion of the Transaction is subject to,...

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