Corporations

Are Shareholders Getting a Fair Deal? Halper Sadeh LLP Investigates the Sale of These Companies – WLTW, TTPH, ASRT, MEET

Retrieved on: 
Tuesday, March 17, 2020

NEW YORK, March 17, 2020 (GLOBE NEWSWIRE) -- Halper Sadeh LLP, a global investor rights law firm, investigates whether the following proposed mergers are fair to shareholders.

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Resolutions of Citycon Oyj's Annual General Meeting

Retrieved on: 
Tuesday, March 17, 2020

The Annual General Meeting decided to adopt the Remuneration Policy for the governing bodies.

Key Points: 
  • The Annual General Meeting decided to adopt the Remuneration Policy for the governing bodies.
  • Chaim Katzman, Arnold de Haan, Alexandre (Sandy) Koifman, David Lukes, Andrea Orlandi, Per-Anders Ovin, Ofer Stark and Ariella Zochovitzky were re-elected to the Board of Directors for a term that will continue until the close of the next Annual General Meeting.
  • The General Meeting decided that the Chairman of the Board of Directors be paid an annual fee of EUR 160,000, the Deputy Chairmen EUR 70,000 and the ordinary members of the Board EUR 50,000.
  • The authorization is valid until the close of next Annual General Meeting, however, no longer than until 30 June 2021, and it revokes all earlier authorizations to repurchase and/or accept as pledge the company's own shares.

Kitov Closes $6.0 Million Public Offering

Retrieved on: 
Tuesday, March 17, 2020

TEL-AVIV, March 17, 2020 (GLOBE NEWSWIRE) -- Kitov Pharma Ltd.(Kitov) (NASDAQ/TASE: KTOV), a clinical-stage company advancing first-in-class therapies to overcome tumor immune evasion and drug resistance, today announced the closing of its previously announced public offering of 20,000,000 units at a price to the public of $0.30 per unit, for gross proceeds of $6.0 million, before deducting placement agent fees and other offering expenses payable by Kitov.

Key Points: 
  • TEL-AVIV, March 17, 2020 (GLOBE NEWSWIRE) -- Kitov Pharma Ltd.(Kitov) (NASDAQ/TASE: KTOV), a clinical-stage company advancing first-in-class therapies to overcome tumor immune evasion and drug resistance, today announced the closing of its previously announced public offering of 20,000,000 units at a price to the public of $0.30 per unit, for gross proceeds of $6.0 million, before deducting placement agent fees and other offering expenses payable by Kitov.
  • Kitov intends to use the net proceeds of this offering to fund the development of its oncology drug candidates, acquisition of new assets and for general working capital purposes.
  • The offering was made under an effective registration statement on Form F-1 (File No.
  • The offering was made only by means of a prospectus forming part of the effective registration statement.

Barnwell Industries, Inc. Sets the Record Straight Regarding Dissident Stockholders’ False and Misleading Statements

Retrieved on: 
Monday, March 16, 2020

Stockholders of record as of February 24, 2020, will be entitled to vote at the meeting.

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  • Stockholders of record as of February 24, 2020, will be entitled to vote at the meeting.
  • We urge all stockholders not to put our progress at risk and to vote FOR your Boards nominees on the WHITE proxy card.
  • Remember, please discard any blue proxy card you may receive from the Dissident stockholders.
  • The Company does not undertake any obligation to update or revise these forward-looking statements except as required by law.

Notice of Annual General Meeting of Orexo

Retrieved on: 
Monday, March 16, 2020

The board of directors proposes that the annual general meeting resolves to approve the board of directors' proposal concerning principles and guidelines for the remuneration of the company's executive management in accordance with what is stated below, to apply until the annual general meeting 2021.

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  • The board of directors proposes that the annual general meeting resolves to approve the board of directors' proposal concerning principles and guidelines for the remuneration of the company's executive management in accordance with what is stated below, to apply until the annual general meeting 2021.
  • they are applicable to remuneration agreed, and amendments to remuneration already agreed, after adoption of the guidelines by the annual general meeting 2020.
  • The board of directors also proposes that the annual general meeting authorizes the board of directors to resolve, on one or several occasions until the next annual general meeting, to transfer (sell) own shares.
  • This period comprises the first ten days of trading immediately following the date of the 2020 annual general meeting.

Notice of Annual General Meeting of Orexo

Retrieved on: 
Monday, March 16, 2020

The board of directors proposes that the annual general meeting resolves to approve the board of directors' proposal concerning principles and guidelines for the remuneration of the company's executive management in accordance with what is stated below, to apply until the annual general meeting 2021.

Key Points: 
  • The board of directors proposes that the annual general meeting resolves to approve the board of directors' proposal concerning principles and guidelines for the remuneration of the company's executive management in accordance with what is stated below, to apply until the annual general meeting 2021.
  • they are applicable to remuneration agreed, and amendments to remuneration already agreed, after adoption of the guidelines by the annual general meeting 2020.
  • The board of directors also proposes that the annual general meeting authorizes the board of directors to resolve, on one or several occasions until the next annual general meeting, to transfer (sell) own shares.
  • This period comprises the first ten days of trading immediately following the date of the 2020 annual general meeting.

MCEWEN MINING REPORTS 2019 FULL YEAR AND Q4 RESULTS

Retrieved on: 
Monday, March 16, 2020

Standards under NI 43-101 are materially different than the standards generally permitted in reports filed with the United States (U.S.) Securities and Exchange Commission (SEC).

Key Points: 
  • Standards under NI 43-101 are materially different than the standards generally permitted in reports filed with the United States (U.S.) Securities and Exchange Commission (SEC).
  • A reconciliation to gross profit, the nearest U.S. GAAP measure is provided in McEwen Mining's Annual Report on Form 10-K for the year ended December 31, 2019.
  • A reconciliation to the nearest U.S. GAAP measure is provided in McEwen Mining's Annual Report on Form 10-K for the year ended December 31, 2019.
  • The forward-looking statements and information expressed, as at the date of this news release, McEwen Mining Inc.'s (the "Company") estimates, forecasts, projections, expectations or beliefs as to future events and results.

Gulf Island Announces Planned Retirement of Chairman, Further Reduction in Board Size and Proposal to Declassify Board

Retrieved on: 
Monday, March 16, 2020

Mr. Laborde has served as a director of the Company for over 20 years and as Chairman of the Board since 2013.

Key Points: 
  • Mr. Laborde has served as a director of the Company for over 20 years and as Chairman of the Board since 2013.
  • He also has served as a member of the Audit Committee, Compensation Committee, and Corporate Governance & Nominating Committee.
  • The Board unanimously elected Michael A. Flick as Chairman of the Board to succeed Mr. Laborde upon the conclusion of the 2020 annual meeting.
  • The Board also unanimously approved a proposal to amend the Companys articles of incorporation to de-classify the Board that will be presented at the 2020 annual meeting.

Gold Resource Corporation Announces Change to Virtual Webcast for 2020 Annual Meeting of Shareholders

Retrieved on: 
Monday, March 16, 2020

COLORADO SPRINGS, CO, March 16, 2020 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Gold Resource Corporation (NYSE American: GORO)(the Company)announced today a change of its 2020 annual meeting of shareholders to a virtual webcast.

Key Points: 
  • COLORADO SPRINGS, CO, March 16, 2020 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Gold Resource Corporation (NYSE American: GORO)(the Company)announced today a change of its 2020 annual meeting of shareholders to a virtual webcast.
  • Further details regarding this annual meeting will be included in the Companys Notice of Annual Meeting and Proxy Statement, to be sent to shareholders and filed with the Securities and Exchange Commission.
  • As this unprecedented situation continues to evolve, we appreciate our shareholders understanding and support of a virtual webcast and we look forward the 2020 annual meeting.
  • Gold Resource Corporation is a gold and silver producer, developer and explorer with operations in Oaxaca, Mexico and Nevada, USA.

Exela Technologies, Inc. to Delay Fourth Quarter and Full Year 2019 Earnings Release and Conference Call and Announces Delay of Form 10-K Filing

Retrieved on: 
Monday, March 16, 2020

Exela has postponed its earnings release and conference call due to the delayed filing of its Form 10-K for the year-ended December 31, 2019, and the need to restate certain of its historical financial statements.

Key Points: 
  • Exela has postponed its earnings release and conference call due to the delayed filing of its Form 10-K for the year-ended December 31, 2019, and the need to restate certain of its historical financial statements.
  • Exela currently expects to file the Company's Form 10-K for the year-ended December 31, 2019, on or before March 31, 2020.
  • Once that date is finalized, Exela will schedule an investor conference call to discuss the financial results for the fourth quarter and full year 2019.
  • These forward-looking statements should not be relied upon as representing Exelas assessments as of any date subsequent to the date of this press release.