On Friday, Shares of Agenus Inc (NASDAQ:AGEN), lost -7.10% to $6.54.
Agenus Inc., declared a $115 million non-dilutive royalty transaction following a Note Purchase Agreement with an investor group led by Oberland Capital Administration, LLC (Oberland Capital). Agenus intends to use the proceeds from this transaction to advance its immuno-oncology programs.
In return for $100 million at closing to Agenus, Oberland Capital will have the right to receive 100% of Agenus’ rights to the worldwide royalties on sales of GlaxoSmithKline’s (GSK) shingles (HZ/su) and malaria (RTS,S) prophylactic vaccine products that contain QS-21 adjuvant until all principal and interest on the loan has been paid.
At its option, Agenus will receive an additional $15 million in cash after approval of HZ/su by the Food and Drug Administration (FDA), offered such approval does not occur later than June 30, 2018. Also at its option, Agenus has the right to buy back the loan at any time under pre-specified terms.
Agenus Inc., an immunotherapy company, engages in discovering and developing innovative treatments for patients with cancer and other diseases. Its treatments focus on providing therapeutic benefit through modulation of immune function.
Shares of Vanguard Natural Resources, LLC (NASDAQ:VNR), inclined 9.19% to $9.86, during its last trading session.
Vanguard Natural Resources, declared that its Board of Directors has reset the 2015 Annual Meeting of Unitholders date from September 17, 2015 to a revised date of October 5, 2015. This action follows completion of the Securities and Exchange Commission review process earlier recently. Vanguard intends to commence mailing definitive proxy materials on or about September 4, 2015.
Vanguard Natural Resources, LLC, through its auxiliaries, acquires and develops oil and natural gas properties in the United States. It owns properties, and oil and natural gas reserves primarily located in nine operating basins, counting the Arkoma Basin in Arkansas and Oklahoma; the Permian Basin in West Texas and New Mexico; the Big Horn Basin in Wyoming and Montana; the Piceance Basin in Colorado; the Gulf Coast Basin in Texas, Louisiana, and Mississippi; the Wind River Basin in Wyoming; the Williston Basin in North Dakota and Montana; the Green River Basin in Wyoming; and the Powder River Basin in Wyoming.
At the end of Friday’s trade, Shares of Monster Worldwide, Inc. (NYSE:MWW), lost -4.42% to $6.92.
Fastweb introduced the full roster of student writers for the 4th Annual 2015 Student Contributors Program. Fastweb (www.fastweb.com), the leading website for scholarship and financial aid information, is a member of the Monster network.
The Student Contributor Program, entering its fourth year, is an article series, which brings insights from students’ perspectives on meaningful topics within student life. Multiple categories are highlighted in the series through high school, college and graduate student content. Contributor articles have a wide variety of topics, counting the college admissions process, standardized testing, study tips, college coursework, student life experiences, and applying for scholarships.
Fastweb welcomes back five returning members and five new voices. Returning writers comprise: Laura Magerkurth, Maya Moritz, McKenzie Nevins, Bailey VanNatta and Jaime Vincent; this group is joined by Riley Harrison, Aggie Kallinicou, Sonja Killebrew, Ashley Paskill and Madison Sheldrake.
Fastweb, a top site in the Monster Worldwide (MWW) network, is the nation’s recognized leader in assisting students pay for school, by providing scholarship and financial aid information, in addition to information on jobs and internships.
Monster Worldwide, Inc., together with its auxiliaries, provides online and mobile employment solutions worldwide. The company operates in three segments: Careers-North America, Careers-International, and Internet Advertising & Fees. Its services and solutions comprise searchable job advertisements; resume database access; recruitment media solutions through its advertising network and partnerships; Twitter Cards and social job distribution; social profile aggregation; and other career-related content.
Finally, Endeavour Silver Corp (NYSE:EXK), ended its last trade with -2.13% loss, and closed at $1.61.
Endeavour Silver Corp., declared that drilling at the Guanaceví Mine in Durango State, Mexico has extended high grade, gold-silver mineralization within three zones in the Santa Cruz vein. The Shallow Porvenir, Deep Porvenir and Santa Cruz mineralized zones are each adjacent to historic mine workings, readily accessible for future mine development.
Recent drilling highlights are summarized in the table below and comprise 351 grams per tonne (gpt) silver and 0.41 gpt gold (379 gpt silver equivalent (AgEq)) over 4.6 metres (m) true width, or 11.0 ounces per ton (opT) AgEq over 15.1 feet (ft), counting 2,960 gpt silver and 1.8 gpt gold (3,086 gpt AgEq) over 0.23 m true width, or 90.0 opT AgEq over 0.8 ft in hole UNP9-3.
Endeavour Silver Corp., a Canadian mineral company, engages in the evaluation, acquisition, exploration, development, and exploitation of precious metal properties in Mexico and Chile. It produces silver-gold from its underground mines.
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