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Day: May 28, 2024

MidCap Financial Investment Corporation Announces Stockholder Approval of the Proposal Related to the Proposed Mergers with Apollo Senior Floating Rate Fund Inc. (“AFT”) and Apollo Tactical Income Fund Inc. (“AIF”), and AFT and AIF Announce Adjournment of Special Meetings of Stockholders to Allow for Additional Time for Stockholders to Vote “FOR” the Merger Proposals

Stockholders of AFT and AIF Who Have Voted Thus Far Have Strongly Supported the Merger Proposals Both Leading Independent Proxy Advisors, Institutional Shareholder Services (“ISS”) and Glass Lewis & CO (“Glass Lewis”), Recommend AFT and AIF Stockholders Vote “FOR” the Merger Proposals NEW YORK, May 28, 2024 (GLOBE NEWSWIRE) — MidCap Financial Investment Corporation (NASDAQ: MFIC) today announced that it has received stockholder approval of the proposal related to the previously announced proposed mergers with Apollo Senior Floating Rate Fund Inc. (NYSE: AFT) and Apollo Tactical Income Fund Inc. (NYSE: AIF). AFT announced today the adjournment of its Special Meeting of Stockholders (the “AFT Special Meeting”), convened on May 28, 2024, to provide stockholders with additional time to vote on the proposed merger of AFT with...

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California Water Service Group Completes Purchase of Kings Mountain Park Mutual Water Company

SAN JOSE, Calif., May 28, 2024 (GLOBE NEWSWIRE) — California Water Service (Cal Water), the largest subsidiary of California Water Service Group (NYSE: CWT), has finalized the acquisition of Kings Mountain Park Mutual Water Company’s (Kings Mountain) water system assets. Cal Water’s Bear Gulch District, which has provided water in recent years to Kings Mountain through a system interconnection, will now provide water utility services directly to Kings Mountain customers. The Bear Gulch District already serves about 61,000 people through approximately 19,000 service connections in Portola Valley, Woodside, Atherton, and portions of Menlo Park, Redwood City, and San Mateo County. Because the Kings Mountain system is adjacent to two other portions of the Bear Gulch District, joining the systems together is expected to enhance water...

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Cellectis Reports Financial Results for First Quarter 2024

•  Cellectis announced completion of the additional equity investment of $140M by AstraZeneca •  Cash position of $143 million as of March 31, 20241; cash runway projection into 20262 •  Conference call and webcast scheduled for tomorrow, May 29, 2024 at 8:00AM ET / 2:00PM CET NEW YORK, May 28, 2024 (GLOBE NEWSWIRE) — Cellectis (the “Company”) (Euronext Growth: ALCLS – NASDAQ: CLLS), a clinical-stage biotechnology company using its pioneering gene editing platform to develop life-saving cell and gene therapies, today provided business updates and reported financial results for the three-month period ending March 31, 2024. “We are thrilled to have announced the closing of the additional equity investment of $140 million by AstraZeneca. This followed AstraZeneca’s initial payment of $105 million, composed of a $80 million equity...

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Endeavour Silver Announces 2024 Annual General Meeting Voting Results

VANCOUVER, British Columbia, May 28, 2024 (GLOBE NEWSWIRE) — Endeavour Silver Corp. (“Endeavour” or the “Company”) (NYSE: EXK; TSX: EDR) is pleased to announce that shareholders voted in favour of all items of business at the Company’s 2024 Annual General Meeting (“AGM”) held on May 28, 2024 in Vancouver. A total of 104,090,503 votes were cast or represented by proxy at the AGM, representing 43.31% of the outstanding common shares as of the record date. The following is a tabulation of the votes submitted by proxy:DIRECTORSNUMBER OF SHARES PERCENTAGE OF VOTES CASTFOR WITHHELD/ ABSTAIN FOR WITHHELDRex J. McLennan 50,212,585 11,699,944 81.10% 18.90%Margaret M. Beck 61,370,134 542,396 99.12% 0.88%Ricardo M. Campoy 61,455,874 456,656 99.26% 0.74%Daniel Dickson 61,461,186 451,345 99.27% 0.73%Amy Jacobsen 61,364,651 547,879 99.12% 0.88%Kenneth...

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Finning releases 2023 sustainability report: A year of continued progress

VANCOUVER, British Columbia, May 28, 2024 (GLOBE NEWSWIRE) — Finning International Inc. (TSX: FTT) (“Finning,” the “Company,” “we,” “us” or “our”) announced today the release of our 2023 Sustainability Report, offering a balanced view on the progress of our sustainability efforts. In 2023, we continued our work in key areas such as employee safety and well-being, diversity and inclusion, greenhouse gas emissions reduction, and community support. “Our people are at the heart of our business, and we are committed to ensuring their well-being and success. In 2023, we embedded Sustainable Growth into our strategy to ensure we are managing our business in a responsible and resilient way,” said Kevin Parkes, president and CEO of Finning. “I am very proud of the progress...

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Report on Financial Results for the Three Months Ended March 31, 2024

TORONTO, May 28, 2024 (GLOBE NEWSWIRE) — Mitchell Cohen, Chief Executive Officer and President of Urbanfund Corp. (TSX-V: UFC) (“Urbanfund” or the “Company”), confirmed today that the Company has filed its financial statements for the three months ended March 31, 2024 (the “Consolidated Financial Statements”) and corresponding Management’s Discussion and Analysis (“MD&A”). BUSINESS OVERVIEW AND STRATEGY Business Overview Urbanfund Corp. is an incorporated entity listed on the TSX Venture Exchange (“TSX-V”) under the symbol UFC. The Company is a reporting issuer in Alberta, British Columbia and Ontario. Urbanfund’s focus is to invest in Canadian real estate and real estate related projects with a focus on a mix of both residential and commercial properties. The Company’s assets are located in Toronto, Brampton, Belleville,...

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Assure Holdings Receives Notification of Delinquency from Nasdaq

DENVER, May 28, 2024 (GLOBE NEWSWIRE) — Assure Holdings Corp. (the “Company” or “Assure”) (NASDAQ: IONM), a provider of intraoperative neuromonitoring (“IONM”) and remote neurology services, today announced that it received a notice (the “Notice”) from the Nasdaq Stock Market LLC (“Nasdaq”) indicating that as a result of the delinquency in the timely filing of the Company’s quarterly report on Form 10-Q for the period ended March 31, 2024 (the “10-Q”), the Company is out of compliance with Nasdaq Listing Rules (Listing Rule 5250(c)(1), which requires listed companies to timely file all required periodic reports with the Securities and Exchange Commission) and that the Nasdaq Hearings Panel (the “Panel”) will consider this matter as an additional deficiency, under Listing Rule 5810(d), in their decision regarding the Company’s continued...

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Earth Alive Clean Technologies, Inc. announces Boeing Certification for its dust suppressant ea1™

MONTREAL, May 28, 2024 (GLOBE NEWSWIRE) — Earth Alive Clean Technologies Inc. (TSXV: EAC) (“Earth Alive” or the “Company”), a leader in the development, manufacturing, and distribution of cutting-edge, environmentally friendly microbial solutions and products, is proud to announce that one of its flagship products, the ea1TM dust suppressant, has received Boeing compliance certification under the BSS7432 standard. This important milestone demonstrates the company’s commitment to quality and innovation in the clean industry. The ea1TM has undergone rigorous testing and met Boeing’s stringent requirements for corrosion testing, acrylic cracking, paint softening, and hydrogen embrittlement. Passing these four tests demonstrates the product’s safety for direct and close contact with aircraft....

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Cronos Terminates Sale-Leaseback of Peace Naturals Campus

TORONTO, May 28, 2024 (GLOBE NEWSWIRE) — Cronos Group Inc. (NASDAQ: CRON) (TSX: CRON) (“Cronos” or the “Company”) announced today that it has terminated its agreement (the “Sale Agreement”) with Future Farmco Canada Inc. (the “Buyer”), for the sale and leaseback of its property located at 4491 Concession 12 Sunnidale Road, Stayner, Ontario, Canada, L0M 1S0 (the “Peace Naturals Campus”). The Buyer did not satisfy or waive its due diligence and financing condition by the May 27, 2024 deadline, as set forth in the Sale Agreement. All amounts paid by the Buyer as part of a security deposit that were previously held in trust have been returned, in accordance with the Sale Agreement. The Company is continuing to evaluate its strategic options for the Peace Naturals Campus, which may include continuing and expanding operations at the...

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UPDATE – Ikena Oncology Announces Strategic Update

Ikena to discontinue development of IK-930 IK-595 dose escalation continues in RAS and RAF mutant cancers; Encouraging PK and PD profile shown to date Ended first quarter with $157.3 million; Exploring strategic options to maximize shareholder value BOSTON, May 28, 2024 (GLOBE NEWSWIRE) — Ikena Oncology, Inc. (Nasdaq: IKNA, “Ikena,” “Company”) today announced discontinuation of the clinical IK-930 program, the Company’s TEAD1- selective Hippo pathway inhibitor and continued clinical development of IK-595, a novel MEK-RAF molecular glue. Concurrently, Ikena is evaluating strategic options for both the Company and its development pipeline. “Ikena is dedicated to thoughtfully putting our capital to work towards impactful treatments for patients, and in doing so building value for our shareholders. Together with our board of directors,...

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