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Day: November 8, 2019

Bancorp of New Jersey Reports 2019 Third Quarter Financial Results

FORT LEE, N.J., Nov. 08, 2019 (GLOBE NEWSWIRE) — Bancorp of New Jersey, Inc. (NYSE American:  BKJ) (the “Company”), holding company for Bank of New Jersey (the “Bank”), today reported financial results for its third quarter and nine months ended September 30, 2019. Net income for the third quarter of 2019 was $517 thousand, or $0.07 per diluted share, compared to net income of $1.76 million, or $0.24 per diluted share, for the third quarter of 2018. Net income for the nine months ended September 30, 2019 was $3.42 million, or $0.47 per diluted share, compared to net income of $4.30 million, or $0.61 per diluted share, for the nine months ended September 30, 2018, a decrease of $873 thousand or 20.4%. This decrease in net income for the three and nine month periods is primarily due to merger related expenses, lower net interest income...

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Andrew Peller Limited Announces TSX Approval of Normal Course Issuer Bid

GRIMSBY, Ontario, Nov. 08, 2019 (GLOBE NEWSWIRE) — Andrew Peller Limited (“Andrew Peller” or the “Company“) (Toronto Stock Exchange: ADW.A/ADW.B) today announced that it has filed with the Toronto Stock Exchange (“TSX”), and the TSX has accepted, a notice of intention to make a normal course issuer bid (the “NCIB”) permitting the Company to purchase for cancellation up to 1,799,733 of its outstanding class A non-voting shares (“Class A Shares”) over a 12-month period, representing 5% of the 35,994,667 Class A Shares outstanding as of the close of trading on November 7, 2019.Purchases under the NCIB may commence on November 13, 2019 and continue until November 12, 2020, when the bid expires, or such earlier date on which purchases under the NCIB have been completed. Purchases of Class A Shares under the NCIB...

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Abattis Provides Update on Trading Halt and Corporate Developments

VANCOUVER, British Columbia, Nov. 08, 2019 (GLOBE NEWSWIRE) — Abattis Bioceuticals Corp. (the “Company” or “Abattis“) (CSE:ATT) (OTC:ATTBF) announces the following updates on recent developments related to Abattis since the trading of the Company’s common shares on the Canadian Stock Exchange (the “CSE”) was halted on February 4, 2019 (the “Halt”).Regulatory Update Since the Halt, the Company filed its audited annual financial statements and management discussion and analysis on August 8, 2019. Following this, on August 16, 2019, the Company filed its interim financial statements and management discussion and analysis for the first quarter ended December 31, 2018 and second quarter ended March 31, 2019. On August 28, 2019, the Company then filed its interim financial statements and management discussion and analysis for the third...

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Tonix Pharmaceuticals Reports Third Quarter 2019 Financial Results and Operational Highlights

50% of Enrollment Complete for Phase 3 RECOVERY Trial of Tonmya® for the Treatment of PTSDResults from RECOVERY Interim Analysis Expected First Quarter 2020Topline Data Expected Second Quarter 2020 Based on Currently-Planned Sample SizeNEW YORK, Nov. 08, 2019 (GLOBE NEWSWIRE) — Tonix Pharmaceuticals Holding Corp. (Nasdaq: TNXP) (Tonix or the Company), a clinical-stage biopharmaceutical company, today announced financial results for the quarter ended September 30, 2019, and provided an overview of recent operational highlights. Tonix’s lead product candidate, TNX-102 SL*, is in Phase 3 development for the treatment of both posttraumatic stress disorder (PTSD) and fibromyalgia.“We recently reported that we have enrolled over 50 percent of the current target number of participants for our Phase 3 RECOVERY study of TNX-102-SL or Tonmya®**...

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Squire Agrees to Terminate Cloud Computing Share Purchase Agreement

VANCOUVER, British Columbia, Nov. 08, 2019 (GLOBE NEWSWIRE) — Squire Mining Ltd. (CSE:SQR | FWB:9SQ | OTCQB:SQRMF) (“Squire”) announced today that, further to its press releases dated May 30, 2019 and August 29, 2019, it has agreed to terminate the share purchase agreement (the “Purchase Agreement”) dated August 29, 2019 among Squire, Mr. Calvin Ayre, Cunning Hams Limited (“Cunning Hams”), Tansley Equipment Limited (“Tansley”) and Woodland Technology Group Inc. (“Woodland”, and together with Cunning Hams and Tansley, the “Companies”).Since the execution of the Purchase Agreement, economic conditions in the blockchain and cloud computing industry have changed materially.  Due to these changes, among other things, the parties have entered into a termination agreement (the “Termination Agreement”) pursuant to which Squire, Mr. Calvin...

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Grupo Aeroportuario del Pacifico Announces Second Dividend Payment

GUADALAJARA, Mexico, Nov. 08, 2019 (GLOBE NEWSWIRE) — Grupo Aeroportuario del Pacifico, S.A.B. de C.V. (NYSE: PAC; BMV: GAP) (“the Company” or “GAP”) announced that on November 20, 2019, the Company will complete the second portion of the dividend payment, for a total of Ps. 2,212,673,052.87 (TWO BILLION TWO HUNDRED AND TWELVE MILLION SIX HUNDRED AND SEVENTY-THREE THOUSAND AND FIFTY-TWO PESOS 87/100 M.N.), as approved at the Annual General Ordinary Shareholders’ Meeting held on April 23, 2019.  This second and final portion of the dividend payment is equivalent to Ps. 4.21 (FOUR PESOS 21/100) per each outstanding share. With this final payment, the Company fully complies with the dividend distributions as approved at the annual General Ordinary Shareholders’ Meeting.Company DescriptionGrupo Aeroportuario del Pacífico, S.A.B. de...

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Arbor Realty Trust, Inc. Announces Initial Conversion Rate of 4.75% Convertible Senior Notes due 2022

UNIONDALE, N.Y., Nov. 08, 2019 (GLOBE NEWSWIRE) — Arbor Realty Trust, Inc. (the “Company”) (NYSE: ABR) today announced the initial conversion rate of 56.1695 shares of the Company’s common stock per $1,000 principal amount of the $230 million aggregate principal amount of its 4.75% Convertible Senior Notes due 2022 (the “Notes”) issued in a private placement to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”).  The initial conversion rate is equivalent to an initial conversion price of approximately $17.80 per share of common stock, representing an approximate 15% conversion premium based on the average VWAP of the Company’s common stock on Thursday, November 7 and Friday, November 8 of $15.4811 per share.  As previously announced, the Company also granted...

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DBM Global to Pay Cash Dividend

PHOENIX, Nov. 08, 2019 (GLOBE NEWSWIRE) — DBM Global Inc. (OTC: DBMG), a family of companies providing fully integrated steel construction services, and an operating subsidiary of HC2 Holdings, Inc. (NYSE: HCHC), announced today that it will pay a cash dividend of approximately $13.2 million, or $3.42 per share, on November 27, 2019 to DBM Global Inc. stockholders of record at the close of business on November 20, 2019.About DBM Global Inc.DBM Global Inc. is a fully integrated 3D Building Information Modeling (“BIM”) modeler, detailer, fabricator, and erector of structural steel and heavy steel plate. DBMG models, details, fabricates and erects structural steel for commercial and industrial and infrastructure construction projects such as high-and low-risk buildings and office complexes, hotels and casinos, convention centers, sports...

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The Pennant Group to Present at the 2019 Stephens Fall Investment Conference

EAGLE, Idaho, Nov. 08, 2019 (GLOBE NEWSWIRE) — The Pennant Group, Inc. (NASDAQ: PNTG), the parent company of operating subsidiaries that provide home health, hospice and senior living services, announced today that it will participate in the 2019 Stephens Fall Investment Conference in Nashville, Tennessee, on Friday, November 15, 2019 at 11:15 a.m. Eastern Time.Daniel Walker, Chief Executive Officer and President, Jenn Freeman, Chief Financial Officer and Derek Bunker, Chief Investment Officer, will review the company’s operations, growth strategy and related information.A live audio webcast of the presentation will be accessible on the Investor Relations section of Pennant’s website at http://investor.pennantgroup.com. The webcast will be recorded and will be available for replay via the website until 5:00 p.m. Mountain Time...

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Annual Grant of Stock Options to Directors and Officers

MONTRÉAL, Nov. 08, 2019 (GLOBE NEWSWIRE) — MPV Exploration Inc. (the “Company” or “MPV”) (CSE: MPV) announces that the Board of Directors has approved the granting of a total of 360,000 stock options to its Directors and Officers. Each option entitles its holder to subscribe for one share of the Company at a price of $0.12 for a period of five years.About MPV Exploration Inc.MPV Exploration Inc. is a mineral exploration company focused on base metals projects in the Chibougamau region of Northern Quebec.  Its main asset is the UMEX Copper-Zinc project, which is located approximately 50 kilometers West of the town of Chapais on traditional Eeyou Istchee Territory and covers a total 7,000 hectares over a length of 16.8 kilometers.  Documented mineralization on the UMEX property consist of volcanic massive sulphides (VMS) within the...

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