latest news releases from the newsroom
OXiGENE to Raise $10 Million in Registered Direct Offering
WALTHAM, Mass., July 15, 2009 (GLOBE NEWSWIRE) -- OXiGENE, Inc. (Nasdaq:OXGN) (Stockholm:OXGN), a clinical-stage biopharmaceutical company developing novel therapeutics to treat cancer and eye diseases, today announced that it will raise approximately $10 million in gross proceeds, before deducting placement agent fees and other estimated offering expenses, in a registered direct offering of 6.25 million units, at a price of $1.60 per unit. Each unit will consist of (i) one share of common stock, (ii) a warrant exercisable for five years to purchase 0.45 shares of common stock at an exercise price of $2.10 per share of common stock, and (iii) a warrant, exercisable during a period beginning on the date of issue and ending on a date which is the later of (a) nine months from the date of issuance or (b) ten trading days after the earlier of (i) the public announcement of the outcome of the planned interim analysis by the Independent Data Safety Monitoring Committee of data from the Company's Phase II/III pivotal clinical trial regarding ZYBRESTAT as a treatment for anaplastic thyroid cancer or (ii) a public announcement of future plans for the clinical trial, as specified in the form of warrant, to purchase 0.45 shares of common stock at an exercise price of $1.60 per share. The shares were offered under the Company's effective shelf registration statement previously filed with the Securities and Exchange Commission.
Douglas Lake Minerals Inc.
Douglas Lake Minerals Inc. Announces New Joint Venture Agreement With Mkuvia Maita
VANCOUVER, British Columbia, July 15, 2009 (GLOBE NEWSWIRE) -- Douglas Lake Minerals Inc. (the "Company") (OTCBB:DLKM) (Frankfurt:D60.F) announces that, effective on July 14, 2009, the Board of Directors of the Company ratified, confirmed and approved the Company's entering into of a new Joint Venture Agreement (the "New Agreement") with Mkuvia Maita ("Mr. Maita"), the registered holder of certain prospecting licenses (collectively, the "Prospecting Licenses"), covering an area of approximately 380 square kilometers located in the Liwale and Nachigwea Districts of Tanzania, and more particularly described as follows:
Gold Coast Mining Corp.
Gold Coast Mining and Western Sierra Expand Mining Agreement
BOSTON, July 15, 2009 (GLOBE NEWSWIRE) -- Gold Coast Mining Corp. (Pink Sheets:GDSM) announced today that the Company and Western Sierra Mining Corp. have agreed to expand their current joint venture. Western has agreed to contribute its SunGold Mine project to the joint venture. SunGold consists of 75,000 ounces of indicated gold resources worth an estimated $60 million dollars.
HSN, Inc. to Report Second Quarter 2009 Results On August 5th
ST. PETERSBURG, Fla., July 15, 2009 (GLOBE NEWSWIRE) -- Interactive multichannel retailer HSN, Inc. (Nasdaq:HSNI) announced today that it will release its second quarter 2009 results on Wednesday, August 5, 2009, immediately following the market's close. At 4:30 p.m. Eastern Time Mindy Grossman, Chief Executive Officer, and Judy Schmeling, Executive Vice President and Chief Financial Officer, will hold a conference call to review these results.