Champions Oncology Reports 50% Revenue Growth, Accelerated Progress on Path to Profitability and Future Role Changes of the Senior Leadership

HACKENSACK, N.J., Nov. 29, 2016  -- Champions Oncology, Inc. (CSBR), engaged in the development of advanced technology solutions and services to personalize the development and use of oncology drugs, today announced its financial results for the second quarter ended October  31, 2016.
 
Second Quarter and Recent Business Highlights:
Record quarterly revenue of $4.5 million;
Second quarter revenue growth of 50%; 59% growth in TOS segment;
Reaffirms annual revenue guidance for current fiscal year of $16 - 18 million;
Quarterly cash burn reduced to less than $150,000 with $4.3 million of cash at the end of the quarter;
Read more: Champions Oncology Inc ( CSBR )

Synutra Enters into Definitive Merger Agreement for "Going Private" Transaction

QINGDAO, China and ROCKVILLE, Md., Nov. 17, 2016 -- Synutra International, Inc. (SYUT), ("Synutra" or the "Company"), which owns subsidiaries in China that produce, distribute and sell nutritional products for infants, children and adults, today announced it has entered into an Agreement and Plan of Merger (the "Merger Agreement") with Beams Power Investment Limited, a company with limited liability incorporated under the laws of the British Virgin Islands ("Parent"), and Beams Power Merger Sub Limited, a Delaware corporation and a wholly-owned subsidiary of Parent ("Merger Sub"), pursuant to which Merger Sub will merge with and into the Company, with the Company continuing as the surviving corporation and a wholly-owned subsidiary of Parent (the "Merger"). Parent currently beneficially owns approximately 63.5% of the Company's outstanding shares of common stock, $0.0001 par value per share (the "Company Common Stock"). Ms. Xiuqing Meng, spouse of Mr. Liang Zhang, is the sole shareholder of Parent. Mr. Liang Zhang is the chairman and chief executive officer of the Company.
Read more: Synutra International Inc ( SYUT )

Lattice Semiconductor to be Acquired by Canyon Bridge Capital Partners, Inc. for $1.3 Billion

PORTLAND, Ore. & PALO ALTO, Calif.-- Lattice Semiconductor Corporation (LSCC) (“Lattice” or the “Company”) and Canyon Bridge Capital Partners, Inc. (“Canyon Bridge”) today announced that the Company and Canyon Bridge Acquisition Company, Inc. (“Parent”), an affiliate of Canyon Bridge, have signed a definitive agreement under which Parent will acquire all outstanding shares of Lattice for approximately $1.3 billion inclusive of Lattice’s net debt, or $8.30 per share in cash. This represents a 30% premium to Lattice’s last trade price on November 2, 2016, the last trading day prior to announcement.
 
Darin G. Billerbeck, President and Chief Executive Officer of Lattice, commented, “We are pleased to announce the transaction today with Canyon Bridge, which will unlock tremendous value for shareholders. This transaction is the culmination of an extensive review process with our Board, financial and legal advisers, and it delivers certain and immediate cash value to shareholders while reducing our execution risk. 
Read more: Lattice Semiconductor Corporation ( LSCC )

Osisko Reports Increased Gold Recovery Results at Marban

MONTREAL, QUEBEC--(Oct 26, 2016) - Osisko Mining Inc. (OSK.TO) "Osisko" is pleased to announce results of 135 oxygenated bottle-roll gold leaching tests and 16 crushing/grinding tests on core samples representing the mineralized zones of the Marban and Norlartic deposits, located on its 100% owned Marban property, located near the town of Malartic, Quebec.
 
The Marban and Norlartic deposits have combined in-pit resources estimated at 37.0 Mt at 1.24 g/t Au for 1.48 Moz in the measured and indicated categories and 3.6 Mt at 1.15 g/t Au for 134,000 oz in the inferred category. These resources are estimated from two optimized Whittle pit shells at a cut-off grade of 0.40 g/t Au and using a gold price of $US 1,250 per ounce (see Osisko June 13, 2016 press release).
Read more: Osisko Mining Inc ( OSK )

DragonWave Equipment Selected for Sprint's Network Densification and Optimization Strategy

OTTAWA, ONTARIO--(Oct 19, 2016) - DragonWave Inc. (DWI.TO)(DRWI) a global supplier of packet microwave radio systems, today announced Sprint has selected its microwave backhaul equipment for network deployment as part of the company's densification and optimization strategy.
 
DragonWave was selected for the combination of its dual channel capability and industry leading system gain, as well as its advanced network security capabilities. DragonWave's microwave backhaul equipment will be used as part of Sprint's strategy to significantly densify its network through the deployment of small cells and other solutions, with the goal of further improving network performance and the customer experience. Densification enables Sprint to keep pace with the growing demand for data and provide customers with more capacity and faster data speeds in targeted high-traffic locations.
Read more: DragonWave Inc ( DWI / DRWI )

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