On Friday, Shares of Synergy Pharmaceuticals Inc (NASDAQ:SGYP), climbed 1.98%, to $ 9.28.
Synergy Pharmaceuticals Inc., declared that it has designated Timothy Callahan and Richard Daly as new independent directors to its board. Both Mr. Callahan and Mr. Daly have direct experience in primary care and gastrointestinal markets and have led large organizational change and successful business growth, in a variety of areas, counting all aspects of commercial, acquisitions, partnerships and product launches.
“I am happy to welcome the addition of two superb individuals, Tim Callahan and Rich Daly, to our board during this period of noteworthy growth and evolution in our business,” said Gary S. Jacob, Ph.D., Chairman and CEO of Synergy, “Their appointments mark an important step in our efforts to put the right structure and exceptional leadership in place to provide the highest level of guidance and expertise for maximizing the value of plecanatide.”
Synergy Pharmaceuticals Inc., a biopharmaceutical company, focuses on the development of drugs to treat gastrointestinal (GI) disorders and diseases. Its lead product candidate is plecanatide, a guanylyl cyclase C receptor agonist that is in Phase III clinical trials to treat chronic idiopathic constipation GI disorders; and for the treatment of constipation-predominant irritable bowel syndrome GI disorders.
Shares of IAMGOLD Corp (USA) (NYSE:IAG), climbed 1.05% to $1.92.
IAMGOLD Corp, declared that following an intensive review of the impact of a localized seismic event that took place on May 26, 2015 at the Company’s Westwood Mine in Quebec , IAMGOLD remains confident in the long-term viability of the mine. In the short-term, however, the Company’s Q2 2015 production is predictable to be slightly below the production of 208,000 ounces in Q1 2015 and this has led to a downward revision of the Company’s production guidance to a range of 780,000 to 815,000 ounces for 2015. Although the cost impact is still being assessed, the lower production guidance is predictable to adversely impact Westwood’s production costs.
The review confirmed the Westwood mine’s positive attributes of:
- a continued ability to operate following the May seismic event;
- an average grade of measured and indicated resources of over 11 g/t gold, as formerly revealed (see news release dated February 18, 2015 );
- its anticipated long mine life of about 20 years;
- an exploration upside;
- location in the prolific Abitibi region of Quebec ;
- the potential to be IAMGOLD’s lowest cost mine when ramped up to full production;
- excellent reconciliation on grade, recovery and dilution; and
- a strong mine administration and workforce with over 30 years of experience at Westwood’s predecessor mines: Doyon and Mouska.
IAMGOLD Corporation primarily engages in the exploration, development, and operation of gold mining properties. It also explores for silver and copper deposits.
Finally, Real Goods Solar, Inc. - Class A (NASDAQ:RGSE), lost 6.38% $2.00.
Real Goods Solar, declared $5 million offering of units comprising of its Class A common stock and Series F common stock warrant at a price of $3.65 per unit.
Each unit comprised of one share of Class A common stock and a warrant to purchase 0.3 share of Class A common stock, as described in the Current Report on Form 8-K filed by the company on June 26, 2015. The warrants do not contain terms that would require the company to record derivative warrant liabilities that could reduce stockholders’ equity.
Real Goods Solar, Inc. operates as a residential and commercial solar energy engineering, procurement, and construction company in the United States. It operates in three segments: Residential, Sunetric, and Other.
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