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Month: October 2019

Global Ship Lease Announces Annual Mandatory Offer to Purchase up to $20.0 Million of First Priority Secured Notes

LONDON, Oct. 25, 2019 (GLOBE NEWSWIRE) — Global Ship Lease, Inc. (NYSE: GSL) (the “Company”) today announced that it is commencing a cash tender offer (the “Annual Mandatory Offer”) to purchase up to $20.0 million aggregate principal amount (the “Maximum Offer Amount”) of its outstanding 9.875% First Priority Secured Notes due 2022 (the “Notes”) at a purchase price of 102% of the aggregate principal amount thereof plus accrued and unpaid interest to, but not including, the purchase date.The Annual Mandatory Offer is being made pursuant to requirements set forth in the indenture governing the Notes that requires the Company to offer to purchase Notes, to the extent indebtedness under the term loan facility agreement, dated as of October 25, 2017 (the “New Term Loan Facility”), among the Company, the guarantors party thereto, the...

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FIRST US BANCSHARES, INC. ANNOUNCES MANAGEMENT AND LOAN PORTFOLIO REORGANIZATION

BIRMINGHAM, Ala., Oct. 25, 2019 (GLOBE NEWSWIRE) — First US Bancshares, Inc. (Nasdaq: FUSB) (the “Company”), the parent company of First US Bank (the “Bank”), today announced plans to transfer the Company’s indirect sales loan portfolio into the Bank from the Bank’s wholly-owned subsidiary, Acceptance Loan Company (“ALC”), effective January 1, 2020.  In connection with the transfer, Chris Mitchell, currently the President and CEO of ALC, will become the Bank’s Senior Executive Vice President – Consumer Lending, with a focus on continued expansion of the indirect sales loan portfolio.  Helen Thrash, currently a senior vice president for ALC, will replace Mr. Mitchell in the role of President and CEO of ALC, with a focus on continuing the success of ALC’s traditional consumer lending platforms.About First US Bancshares, Inc.First...

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StoneMor Partners L.P. Announces the Record Date of Special Meeting

TREVOSE, Pa., Oct. 25, 2019 (GLOBE NEWSWIRE) — StoneMor Partners L.P. (NYSE: STON) (“StoneMor” or the “Partnership”) a leading owner and operator of cemeteries and funeral homes, today announced that the special meeting of the Partnership unitholders will be held at the Courtyard Philadelphia Bensalem, 3280 Tillman Road, Bensalem, PA 19020, on December 20, 2019 at 10:00 a.m. Eastern Time. All Partnership common units and Series A Convertible Preferred Units (together with our common units, the “units”) of record as of the close of business on November 4, 2019, which is the record date for the special meeting, will be entitled to vote their units.The approval of the previously announced Merger and Reorganization Agreement and the transactions contemplated thereby, including, among other things, the conversion of GP from a Delaware...

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Wayside Technology Group, Inc. to Announce Third Quarter 2019 Results on November 6, 2019

EATONTOWN, N.J., Oct. 25, 2019 (GLOBE NEWSWIRE) — Wayside Technology Group Inc. (NASDAQ:WSTG) will issue a press release reporting its third quarter 2019 earnings on Wednesday, November 6, 2019 at approximately 9:00 a.m. EST.On Wednesday November 6, 2019 at 10:00 a.m. EST, management will review these results during a conference call.  The dial-in telephone number is (844) 683-0552 and the pass code is “WSTG.”  This conference call will be webcast by West and can be accessed at Wayside Technology’s Web site at www.waysidetechnology.com/site/content/webcasts.Wayside Technology Group, Inc. (NASDAQ: WSTG) is an IT channel company providing innovative sales and distribution solutions to technology vendors, resellers and system integrators since 1982. Wayside operates Lifeboat Distribution, a value-added distributor for virtualization/cloud...

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Paul Mueller Company Announces Its Third Quarter Earnings of 2019

SPRINGFIELD, Mo., Oct. 25, 2019 (GLOBE NEWSWIRE) — Paul Mueller Company (OTC: MUEL) today announced earnings for the quarter ended September 30, 2019. PAUL MUELLER COMPANYSUMMARIZED NOTES TO THE FINANCIAL STATEMENTS(In thousands)A.   The chart below depicts the net revenue on a consolidating basis for the three months ended September 30.The chart below depicts the net revenue on a consolidating basis for the nine months ended September 30.The chart below depicts the net revenue on a consolidating basis for the twelve months ended September 30.The chart below depicts the net income on a consolidating basis for the three months ended September 30.The chart below depicts the net income on a consolidating basis for the nine months ended September 30.The chart below depicts the net income on a consolidating basis for the twelve months...

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Dynagas LNG Partners LP Announces the Date of its 2019 Annual General Meeting of Limited Partners

MONACO, Oct. 25, 2019 (GLOBE NEWSWIRE) — Dynagas LNG Partners LP (“Dynagas Partners” or the “Partnership”) (NYSE: DLNG), a growth-oriented limited partnership focused on owning and operating liquefied natural gas (LNG) carriers, announced today that its Board of Directors (the “Board”) has scheduled the Partnership’s 2019 Annual General Meeting of Limited Partners (the “Meeting”) to be held on November 26, 2019 at 4:00 p.m., local time, at 97 Poseidonos Avenue & 2 Foivis Street, Glyfada, Greece. The Board has fixed a record date of October 21, 2019 (the “Record Date”) for the determination of the Limited Partners entitled to receive notice of and to vote at the Meeting or any adjournment thereof.The Partnership’s Notice of the Meeting and Proxy Statement will be mailed on or about October 25, 2019 to Limited Partners of record...

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StoneCo Ltd. to Announce Third Quarter 2019 Financial Results on November 21, 2019

SÃO PAULO, Brazil, Oct. 25, 2019 (GLOBE NEWSWIRE) — StoneCo Ltd. (Nasdaq: STNE) (“Stone”) today announces that it will host a conference call to discuss its third quarter 2019 financial results on Thursday, November 21, 2019 at 5:00pm ET (7:00pm BRT). A press release with third quarter 2019 financial results will be issued after the market closes that same day.The conference call can be accessed live over the phone by dialing (412) 317-6346 or (844) 204-8586 from the U.S. Callers from Brazil can dial +55 11 3181-8565. Callers from the UK can dial +44 20 3795-9972. The call will also be webcast live and a replay will be available a few hours after the call concludes. The live webcast and replay will be available on Stone’s investor relations website at https://investors.stone.co/.About StoneStone is a leading provider of financial...

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Net 1 files 2019 Form 10-K with SEC and cures Nasdaq delinquency

JOHANNESBURG, South Africa, Oct. 25, 2019 (GLOBE NEWSWIRE) — Net 1 UEPS Technologies, Inc. (Nasdaq: UEPS; JSE: NT1) today announced that it has filed its Annual Report on Form 10-K with the United States Securities and Exchange Commission for the year ended June 30, 2019. Filing of the Form 10-K cures the Nasdaq delinquency reported on October 3, 2019. We do not need to file a plan of compliance with Nasdaq and believe that we are now in compliance with Nasdaq’s continued listing requirements.Final results amended as a result of September 30, 2019 Supreme Court ruling:Our preliminary results released on September 26, 2019, have been updated for the impact of the Supreme Court ruling on September 30, 2019. The Supreme Court ruling declined our subsidiary, Cash Paymaster Services (Pty) Ltd’s (“CPS”), appeal of the refund of ZAR 317.0...

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AgraFlora Organics Acquires German EU-GDP Medical Cannabis Distributor, Farmako GmbH, Vertically Integrating Into the EU Marketplace

VANCOUVER, British Columbia, Oct. 25, 2019 (GLOBE NEWSWIRE) — AgraFlora Organics International Inc.  (“AgraFlora” or the “Company”) (CSE: AGRA) (Frankfurt: PU31) (OTCPK: AGFAF), a growth oriented and diversified international cannabis company, is pleased to announce the Company has acquired 100 per-cent (100%) of the issued and outstanding shares of The Good Company GmbH (“The Good Company”). The Good Company is the parent company of German EU-GDP medical cannabis distributor, Farmako GmbH (“Farmako”).Farmako is a leading European medical cannabis distributor, headquartered in Frankfurt, Germany, with affiliated companies in the United Kingdom (“UK”), Luxembourg and Denmark.GERMANYFarmako is equipped with the following German and European industry certifications and distribution licenses, affording the Company unparalleled access...

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AgraFlora Organics acquiert le distributeur allemand de cannabis médical dans l’UE-BPD, Farmako GmbH, et poursuit son intégration verticale dans l’Union Européenne

VANCOUVER, Colombie-Britannique, 25 oct. 2019 (GLOBE NEWSWIRE) — AgraFlora Organics International Inc.  (« AgraFlora » ou la « Société ») (CSE: AGRA) (Frankfurt: PU31) (OTCPK : AGFAF) une société internationale de cannabis diversifiée et axée sur la croissance est heureuse d’annoncer que la société a acquis 100 pour cent des actions émises et en circulation de The Good Company GmbH (« The Good Company »). The Good Company est la société mère du distributeur allemand de cannabis médical dans l’UE, Farmako GmbH (« Farmako »).Farmako est l’un des principaux distributeurs européens de cannabis médical. Son siège social est situé à Francfort, en Allemagne, et ses sociétés affiliées sont situées au Royaume-Uni, au Luxembourg et au Danemark.ALLEMAGNEFarmako dispose des certifications et des licences de distribution allemandes et européennes...

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