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Month: April 2024

BioSyent Announces Extension of RepaGyn® and Proktis-M® Agreement

MISSISSAUGA, Ontario, April 15, 2024 (GLOBE NEWSWIRE) — BioSyent Inc. (“BioSyent”, “the Company”, TSX Venture: RX) is pleased to announce that its wholly-owned subsidiary, BioSyent Pharma Inc. (“BioSyent Pharma”), has extended its Exclusive License and Distribution Agreement with its European partner for the RepaGyn® and Proktis-M® products, extending BioSyent Pharma’s exclusive Canadian rights to these products until 2032. “RepaGyn® and Proktis-M® have been part of our product portfolio since we first launched these products in Canada in 2014,” commented René Goehrum, President and CEO of BioSyent. “We are pleased to continue to offer these trusted products to Canadian patients over the long-term and we look forward to their continued growth.” About RepaGyn® RepaGyn® is an innovative vaginal suppository recommended for relieving...

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RYVYL Inc. Announces Launch of Proposed Underwritten Public Offering

San Diego, CA, April 15, 2024 (GLOBE NEWSWIRE) — RYVYL Inc. (NASDAQ: RVYL) (“RYVYL” or the “Company”), a leading innovator of payment transaction solutions leveraging proprietary blockchain ledger and electronic token technology for the diverse international markets, today announced that it has commenced an underwritten public offering of shares of its common stock. All of the shares of common stock are being offered by RYVYL. In addition, RYVYL intends to grant the underwriter in the offering a 45-day option to purchase up to an additional 15% of the number of shares of common stock offered in the offering at the public offering price, less underwriting discounts and commissions. The offering is subject to market and other conditions, and there can be no assurance as to whether or when the offering may...

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PrimeEnergy Resources Corporation (PNRG) Announces Yearend Production and Financial Results

HOUSTON, April 15, 2024 (GLOBE NEWSWIRE) — PrimeEnergy Resources Corporation (PNRG) Announces Yearend Production and Financial Results:  Years endedDecember 31,          2023   2022    Increase   IncreaseOil production (barrels) 1,144,000   939,000   205,000   21.83 %Natural gas production (Mcf) 4,127,000   3,325,000   802,000   24.12 %Natural gas liquids production (barrels) 606,000   417,000   189,000   45.32 %                 Proved reserves at December 31, 2023, were 12,011,000 barrels of oil, 8,832,000 barrels of natural gas liquids, and 49,219,000 Mcf of natural gas; or 29,046,000 barrels of oil equivalents.    Year Ended December 31,        2023     2022   (Decrease)    Revenues (In 000’s) $ 123,125   $ 137,096   $ (13,971 )    Net Income (In 000’s) $ 28,103   $ 48,664   $ (20,561 )    Earnings...

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Gildan Activewear CEO Vince Tyra provides key focus strategic priorities

Company Reconfirms 2024 Full Year GuidanceAnnounces Preliminary Q1 2024 RevenueCompany to Host Investor Day in Fall 2024 MONTREAL, April 15, 2024 (GLOBE NEWSWIRE) — Gildan Activewear Inc. (GIL; TSX and NYSE) today announced that its President and CEO, Vince Tyra has unveiled his key focus strategic priorities. Concurrently, the Company also reconfirmed its 2024 full year guidance and announced preliminary Q1 revenue. Furthermore, the Company intends to hold an Investor Day in the Fall of 2024 to provide a comprehensive strategic plan. Reflecting on his first 90 days, Vince Tyra said, “I’m excited to be leading Gildan at this pivotal time. Having completed 90 days at the helm of Gildan, I wanted to share with you my key focus strategic priorities and articulate how we can leverage our strengths and accelerate value creation for...

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Outlook Therapeutics® Announces Closing of Private Placement of $5.0 Million

ISELIN, N.J., April 15, 2024 (GLOBE NEWSWIRE) — Outlook Therapeutics, Inc. (Nasdaq: OTLK), a biopharmaceutical company working to achieve the first approval for an ophthalmic formulation of bevacizumab for the treatment of retinal diseases in the US and the EU, today announced that it has closed its previously announced private placement with Syntone Ventures, LLC, an existing stockholder, for upfront gross proceeds of approximately $5.0 million from the issuance and sale of shares of the Company’s common stock and accompanying warrants, before deducting offering expenses. In addition, Outlook Therapeutics has the potential to receive additional gross proceeds of up to $8 million upon the full cash exercise of the warrants issued in the private placement, before deducting offering expenses. About the Private Placement Pursuant...

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ORIC Pharmaceuticals Announces First Patients Dosed Across Three Expansion Cohorts in Phase 1b Trial of ORIC-114 in Patients with Mutated NSCLC

Initiated multiple Phase 1b expansion cohorts to determine the RP2D of ORIC-114 in NSCLC patients with EGFR exon 20, HER2 exon 20, or EGFR atypical mutations Additionally, the company initiated an extension cohort to evaluate ORIC-114 for the treatment of patients with first-line, treatment-naïve EGFR exon 20 NSCLC Expect to report updated Phase 1b data in the first half of 2025 SOUTH SAN FRANCISCO, Calif. and SAN DIEGO, April 15, 2024 (GLOBE NEWSWIRE) — ORIC Pharmaceuticals, Inc. (Nasdaq: ORIC), a clinical stage oncology company focused on developing treatments that address mechanisms of therapeutic resistance, today announced the completion of the dose escalation portion of the Phase 1b trial of ORIC-114 in patients with advanced solid tumors with EGFR and HER2 exon 20 alterations or HER2 amplifications. Based upon these data,...

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Beneficient to Participate in the Planet MicroCap Showcase on May 1-2, 2024

DALLAS, April 15, 2024 (GLOBE NEWSWIRE) — Beneficient (Nasdaq: BENF) (together with its affiliates, “Ben” or the “Company”), a technology-enabled platform focused on providing liquidity and related trust and custody services to holders of alternative assets through its proprietary online portal, AltAccess, today announced that it will present at the Planet MicroCap Showcase: VEGAS 2024 on Wednesday, May 1, 2024 at 2:00 p.m. Pacific Daylight Time.  At the showcase, Beneficient executives will present in-depth information about its market opportunity and the business model the Company is employing to serve the unmet custody and liquidity needs of investors in alternative assets. To access the live presentation, please use the following information: Date: Wednesday, May 1, 2024Time: 2:00 p.m. Pacific Daylight TimeWebcast: https://shareholders.trustben.com   Management...

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Theratechnologies Announces Mailing of Management Proxy Circular in Connection with its Annual Meeting of Shareholders

MONTREAL, April 15, 2024 (GLOBE NEWSWIRE) — Theratechnologies Inc. (“Theratechnologies” or the “Company”) (TSX: TH) (NASDAQ: THTX), a biopharmaceutical company focused on the development and commercialization of innovative therapies, today announced that the Company has mailed its 2024 management proxy circular to shareholders in connection with its virtual annual meeting of shareholders to be held on May 9, 2024, at 10:00 a.m. ET. Shareholders are encouraged to vote their shares for the proposals contained in the circular and to attend the annual meeting, which can be accessed through the following link: https://meetnow.global/M7MFS6Y.  At the meeting, shareholders will be asked to vote for the following individuals as directors of the Company for the ensuing year:Joseph Arena; Frank Holler; Paul Lévesque; Andrew Molson Dawn...

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Dragonfly Energy Reports Fourth Quarter 2023 and Full Year Financial Results

Successful diversification of revenue underway, with launch in Q4 2023 of all-electric auxiliary power units (“APU”) to the trucking industry; Enables compliance with increasing anti-idling regulations, reduction in fuel costs, increased uptime and payloads, and the reduction of harmful emissionsIn Q4 2023, achieved successful deposition of cathode electrodes, and double-sided dry deposition of both anode and cathode electrodes, at scale, using the Company’s patented dry electrode battery manufacturing processContinued expansion of recreational vehicle market share, with OGV Luxury Coach, a division of Forest River Inc., to provide Battle Born lithium batteries as standard equipment on all OGV unitsRENO, Nev., April 15, 2024 (GLOBE NEWSWIRE) — Dragonfly Energy Holdings Corp. (“Dragonfly Energy” or the “Company”) (Nasdaq:...

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CNB Financial Corporation Reports First Quarter 2024 Results

CLEARFIELD, Pa., April 15, 2024 (GLOBE NEWSWIRE) — CNB Financial Corporation (“Corporation”) (NASDAQ: CCNE), the parent company of CNB Bank, today announced its earnings for the three months ended March 31, 2024. Executive SummaryNet income available to common shareholders (“earnings”) was $11.5 million, or $0.55 per diluted share, for the three months ended March 31, 2024, compared to earnings of $12.9 million, or $0.62 per diluted share, for the three months ended December 31, 2023. The quarterly decrease was primarily a result of decreases in net interest income and non-interest income, partially offset by decreases in certain personnel costs, technology expenses and adverting expenses, as discussed in more detail below. The decrease in earnings and diluted earnings per share comparing the quarter ended March 31,...

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