Day: November 8, 2019
MONTRÉAL, 08 nov. 2019 (GLOBE NEWSWIRE) — Exploration MPV Inc. (« MPV » ou la « Société ») (CSE : MPV) annonce que le conseil d’administration de la Société a approuvé l’octroi d’un total de 360 000 options d’achat d’actions à ses administrateurs et dirigeants. Chaque option permettra à son détenteur de souscrire à une action ordinaire de la Société au prix de $0.12 valide pour une période de cinq ans.À propos d’Exploration MPV inc.Exploration MPV inc. est une société d’exploration minière qui vise le développement de projets de métaux de base dans la région de Chibougamau, au nord du Québec. Son actif principal est le projet UMEX, contenant une ressource potentielle de cuivre et zinc, et située approximativement 50 kilomètres à l’ouest de Chapais. La minéralisation documentée historiquement sur UMEX consiste de sulfures...
Toscana Energy Announces Third Quarter 2019 Results
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CALGARY, Alberta, Nov. 08, 2019 (GLOBE NEWSWIRE) — Toscana Energy Income Corporation (“Toscana” or the “Corporation”) (TSX: TEI) announces financial and operating results for the third quarter ended September 30, 2019.Financial and operating results:This news release summarizes information contained in the Condensed Consolidated Interim Financial Statements (unaudited) and Management’s Discussion and Analysis (“MD&A”) for the three and nine months ended September 30, 2019. This news release should not be considered a substitute for reading the full disclosure documents, which are available under the Corporation’s profile on SEDAR at www.sedar.com and on the Corporation’s website at www.toscanaenergy.ca.
CTS Corporation Announces the Departure of Director Diana Murphy
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LISLE, Ill., Nov. 08, 2019 (GLOBE NEWSWIRE) — CTS Corporation (NYSE: CTS) announced that Diana Murphy will be leaving the Board to be effective following its Annual Shareholders Meeting in 2020 in order to pursue other endeavors. Kieran O’Sullivan, Chairman and CEO, and Bob Profusek, CTS’ Lead Independent Director, expressed their sincere gratitude to Ms. Murphy for her years of outstanding service and guidance.Ms. Murphy served on the Board as a director for 9 years, chaired the Nominating and Governance Committee and was a member of the Compensation Committee. Mr. O’Sullivan stated, “On behalf of the entire Company and our Board, I wish Diana continued success as she moves on to pursue other endeavors.”About CTSCTS (NYSE: CTS) is a leading designer and manufacturer of products that Sense, Connect, and Move. The company manufactures...
Ability Inc. Announces Receipt of Delisting Notification Letter From Nasdaq
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TEL AVIV, ISRAEL, Nov. 08, 2019 (GLOBE NEWSWIRE) — Ability Inc. (NASDAQ: ABIL) (the “Company”), a leading provider of innovative tactical communications intelligence solutions, today announced that on November 6, 2019, it received a determination letter (the “Letter”) from The Nasdaq Stock Market LLC (“Nasdaq”) indicating that it did not comply with the Listing Rule 5550(b) (the “Equity Rule”) for continued listing on the Nasdaq Capital Market, which requires the Company to have a minimum of $2,500,000 in stockholders’ equity or market value of listed securities of $35 million or net income from continuing operations of $500,000 in the most recently completed fiscal year or two of the last three most recently completed fiscal years.The Letter indicates that Listing Rule 5815(d)(4)(B) does not permit an issuer that is deficient in...
North Arrow Grants Stock Options
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VANCOUVER, British Columbia, Nov. 08, 2019 (GLOBE NEWSWIRE) — North Arrow Minerals Inc. (TSXV-NAR) announces that, pursuant to North Arrow’s Stock Option Plan, the Company has granted a total of 2,970,000 incentive stock options to Directors, Officers, Employees and consultants to the Company. The stock options are exercisable to acquire one common share of North Arrow at $0.10 per share and can be exercised until November 8, 2024.About North Arrow MineralsNorth Arrow is a Canadian based exploration company focused on the identification and evaluation of diamond exploration opportunities in Canada. North Arrow’s management, board of directors and advisors have significant successful experience in the global diamond industry. North Arrow’s most advanced project is the Q1-4 diamond deposit at the Naujaat Project (NU) where planning...
VALHI REPORTS THIRD QUARTER 2019 RESULTS
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Dallas, Texas, Nov. 08, 2019 (GLOBE NEWSWIRE) — Valhi, Inc. (NYSE: VHI) reported net income from continuing operations attributable to Valhi stockholders of $13.1 million, or $.04 per diluted share, in the third quarter of 2019 compared to $142.8 million, or $.42 per diluted share, in the third quarter of 2018. Valhi reported net income from continuing operations attributable to Valhi stockholders of $38.5 million, or $.11 per diluted share, in the first nine months of 2019 compared to $205.8 million, or $.60 per diluted share, in the first nine months of 2018. Net income from continuing operations attributable to Valhi stockholders declined from the 2018 periods primarily due to the net effects of a third quarter 2018 recognition of a non-cash deferred income tax benefit related to Valhi’s investment in Kronos, lower operating...
T2 Biosystems Reports Granting of Inducement Awards
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LEXINGTON, Mass., Nov. 08, 2019 (GLOBE NEWSWIRE) — T2 Biosystems, Inc. (NASDAQ:TTOO), a leader in the development and commercialization of innovative medical diagnostic products for critical unmet needs in healthcare, announced today that on November 5, 2019 it issued inducement awards to four new employees. These awards were made under T2 Biosystems’ Inducement Award Plan (the “Inducement Plan”), which was adopted by the company’s Board of Directors on March 1, 2018 and amended and restated on February 21, 2019 and provides for the granting of equity awards to new employees of T2 Biosystems. The inducement awards consist of non-qualified stock options to purchase 20,500 shares of T2 Biosystems common stock and have a ten-year term. The exercise price of the options is $2.89, which was the per-share closing price of...
Nicholas Financial Reports 2nd Quarter Fiscal Year 2020 Results
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Originations year-over-year on new Contracts purchased for the three months ended September 30, 2019 increased by 12.7% compared to prior year second quarterOriginations year-over-year on Direct Loans for the three months ended September 30, 2019 increased by 65.5% compared to prior year second quarterGross Portfolio Yield for the three months ended September 30, 2019 decreased to 26.9% compared to 27.8% during the prior year second quarterInterest and fee income on finance receivables for the three months ended September 30, 2019 decreased 19.7% due to a 17.0% decrease in average finance receivables, compared to prior year second quarterAccounts 60+ days delinquent decreased to 3.2%, excluding Chapter 13 bankruptcy accounts, compared to 4.4% as of the prior year second quarterAverage APR on new Contracts purchased was 23.5% for the three...
RPT Realty Announces Closing of Amended and Restated Unsecured Credit Agreement
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NEW YORK, Nov. 08, 2019 (GLOBE NEWSWIRE) — RPT Realty (NYSE:RPT) (the “Company”) announced today that it has closed on its $660 million amended and restated unsecured credit facility, an increase of $100 million over the Company’s prior unsecured credit facilities. Terms of the new facility can be found in our press release dated October 30, 2019 and in our 8-K filing dated November 8, 2019.“The closing of our amended credit facility reflects our proactive mindset to drive earnings growth, diversify our capital structure and add duration to our balance sheet,” said Michael Fitzmaurice, Chief Financial Officer. “The improved pricing and terms reflect the quality of our portfolio and our continued commitment to a strong, flexible balance sheet. We thank our expanded bank group for their investment in RPT’s bright future.”KeyBanc Capital...
Havertys Announces Fourth Quarter Cash Dividend and Promotion
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ATLANTA, Nov. 08, 2019 (GLOBE NEWSWIRE) — HAVERTYS (NYSE: HVT and HVT.A) announced today that, on November 8, 2019, its board of directors declared a cash dividend to be paid on the outstanding shares of the two classes of $1 par value common stock of the company at a rate of $0.20 per share on the common stock and $0.18 per share on the Class A common stock. The dividend is payable December 11, 2019 to stockholders of record at the close of business on November 25, 2019. Havertys has paid a cash dividend in each year since 1935.The board also is pleased to announce the following promotion.John Gill was named executive vice president, merchandising. Gill has served in a variety of roles at Havertys since joining the company in 2000, serving as market manager and leading retail teams in various cities including Washington, DC and...