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Day: November 8, 2019

DBM Global Inc., a HC2 Portfolio Company, to Pay Cash Dividend

NEW YORK, Nov. 08, 2019 (GLOBE NEWSWIRE) — HC2 Holdings, Inc. (NYSE:HCHC), a diversified holding company, announced today that its operating subsidiary DBM Global Inc. (OTC:DBMG), a family of companies providing fully integrated steel construction services, 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.  As the largest stockholder of DBM Global Inc., HC2 expects to receive approximately $12.2 million of the total $13.2 million dividend payout.The DBM Global Inc. dividend is one of a set of planned distributions, fees and reimbursements HC2 anticipates receiving from its operating subsidiaries in November.About HC2HC2 Holdings, Inc. is a publicly traded (NYSE:HCHC) diversified holding company,...

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Hillman Group Capital Trust Announces Cash Distribution on Trust Preferred Securities

CINCINNATI, Ohio, Nov. 08, 2019 (GLOBE NEWSWIRE) — The Hillman Companies, Inc. (“Hillman” or the “Company”), – Doug Cahill, President and CEO, of The Hillman Companies, Inc., announced today that a cash distribution has been declared by Hillman Group Capital Trust for the month of November  in the amount of $0.241667 for each Trust Preferred Security (NYSE-Amex: HLM_P). The distribution will be payable December 2, 2019 to holders of record November 21, 2019.Founded in 1964 and headquartered in Cincinnati, Ohio, Hillman is a leading North American provider of complete hardware solutions, delivered with industry best customer service to over 38,000 customers.  Hillman designs innovative product and merchandising solutions for complex categories that deliver an outstanding customer experience to home improvement centers, mass...

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Washington Prime Group Board of Directors Declares Quarterly Dividend

COLUMBUS, Ohio, Nov. 08, 2019 (GLOBE NEWSWIRE) — Washington Prime Group Inc. (NYSE: WPG) today announced that the Company’s Board of Directors declared a quarterly cash dividend on its common shares and operating partnership units. A cash dividend of $0.25 per common share and operating partnership unit was declared. The dividend is payable on December 16, 2019 to shareholders and operating partnership unit holders of record on December 2, 2019.In addition, the Board of Directors declared quarterly cash dividends of $0.4688 per Series H preferred share of beneficial interest, $0.4297 per Series I preferred share of beneficial interest, and $0.4563 per Series I-1 preferred unit of Preferred Limited Partnership Interest. Each of the cash dividends on these preferred shares and preferred units is payable on January 15, 2020 to shareholders...

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Wesdome Announces Filing of NI 43-101 Technical Report For Previously Announced Mineral Resource Estimate For the Kiena Mine Complex, Quebec

TORONTO, Nov. 08, 2019 (GLOBE NEWSWIRE) — Wesdome Gold Mines Ltd. (TSX:WDO) (“Wesdome” or the “Company”) today announces that the Company has filed an independent technical report prepared in accordance with National Instrument 43-101 – Standards of Disclosure for Mineral Projects (“NI 43-101”) supporting the mineral resource estimate for the Kiena Mine Complex in Val d’Or, Quebec, reported in the Company’s news release dated September 25, 2019.The technical report, titled “Mineral Resource Estimate for the Kiena Mine Complex Project, Val-d’Or, Québec, Canada.” The full report can be found on the Company’s website at www.wesdome.com and under the Company’s issuer profile at www.sedar.com.HIGHLIGHTS OF MINERAL RESOURCE ESTIMATE – September 25, 2019A Zone Mineral Resource Estimate (Kiena Deep)Mineral Resources proximal to Kiena...

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Hanover Bancorp, Inc. Reports Third Quarter 2019 Results Highlighted by Record Levels of Total Assets, Loans, Deposits and Stockholders’ Equity – Acquisition of Chinatown Federal Savings Bank Closes

Third Quarter and Fiscal Year Performance HighlightsNet Income: Net income for the quarter ended September 30, 2019 amounted to $1.4 million or $0.32 per diluted common share, versus $1.7 million or $0.50 per diluted common share recorded in the same period a year ago reflecting the impact of merger-related charges recorded in the third quarter of 2019. The Company recorded net income for the fiscal year ended September 30, 2019 of $8.1 million or $2.06 per diluted common share compared with $4.6 million or $1.36 per diluted common share in the 2018 fiscal year.Balance Sheet: Assets totaled a record $848.8 million at September 30, 2019, up $144.1 million from June 30, 2019 and up $198.9 million from September 30, 2018, primarily due to the CFSB acquisition, which added approximately $125 million in total assets at September 30, 2019,...

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Precision CEO Supports Alberta Government Announcement to Exempt New Conventional Wells From Curtailments

CALGARY, Alberta, Nov. 08, 2019 (GLOBE NEWSWIRE) — This news release contains “forward-looking information and statements” within the meaning of applicable securities laws. For important information with respect to such forward-looking information and statements and the further assumptions and risks to which they are subject, see the “Cautionary Statement Regarding Forward-Looking Information and Statements” later in this news release. All values in Canadian dollars except as indicated.Precision Drilling Corporation (“Precision” or the “Company”) (TSX:PD; NYSE:PDS) expresses its support of the Government of Alberta’s decision to allow producers to drill new conventional oil wells without being restricted by production limits.Precision’s CEO, Kevin Neveu stated: “We fully support the Alberta Government’s announcement...

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TGI Fridays and Allegro Merger Corp. Announce Merger

NEW YORK, NY and DALLAS, TX , Nov. 08, 2019 (GLOBE NEWSWIRE) — Privately held TGIF Holdings, LLC (“TGIF” or “Fridays”) and Allegro Merger Corp. (NASDAQ: ALGR, ALGRU, ALGRR, and ALGRW) (“Allegro”) today jointly announced that they have signed a definitive agreement for a business combination transaction (“Business Combination”), which would result in Fridays becoming a publicly listed company. Allegro is a publicly traded special purpose acquisition company (“SPAC”).Transaction OverviewAt closing, TGIF’s holders will receive a combination of cash and stock valued at $30 million and Allegro will assume approximately $350 million of net debt.  The majority owners of TGIF, funds managed by TriArtisan Capital Advisors LLC (“TriArtisan”), expect to exchange a majority of their ownership in the TGIF business for shares of Allegro and significant...

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James Street Swing Bridge Reopening

THUNDER BAY, Ontario, Nov. 08, 2019 (GLOBE NEWSWIRE) — CN (TSX: CNR) (NYSE: CNI) is pleased to announce that the repair work on the James Street Swing Bridge is complete and that the bridge will be reopened to pedestrian and vehicular traffic in both directions on Saturday, November 9th 2019 at 10:00 am local time.“CN is pleased that the bridge is reopening and that this important road link in Thunder Bay is once again accessible to the public,” said Olivier Chouc, vice-president of Law at CN. “The leadership of Chief Peter Collins was instrumental in getting to where we are today and we would like to thank him for his commitment to the greater good of his community.”“I would like to thank CN for collaborating with our community to reopen the bridge,” said Fort William First Nation Chief Peter Collins. “For our community, this bridge...

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Réouverture du pont tournant de la rue James

THUNDER BAY, Ontario, 08 nov. 2019 (GLOBE NEWSWIRE) — Le CN (TSX : CNR) (NYSE : CNI) est heureux d’annoncer que les travaux de réparation effectués sur le pont tournant de la rue James sont terminés et que le pont sera rouvert à la circulation piétonnière et automobile dans les deux directions le samedi 9 novembre 2019 à 10 h heure locale.« Le CN est ravi que le pont soit rouvert et que cette liaison routière importante à Thunder Bay soit de nouveau accessible au public, affirme Olivier Chouc, vice-président Affaires juridique au CN. Le leadership du chef Peter Collins a joué un rôle fondamental dans l’aboutissement de nos réalisations aujourd’hui, nous le remercions de son engagement envers le bien de sa communauté. »« J’aimerais remercier le CN d’avoir collaborer avec notre communauté à la réouverture du pont, dit Peter Collins,...

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Apolo II Acquisition Corp. Announces Filing of Final Non-Offering Prospectus

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATESTORONTO, Nov. 08, 2019 (GLOBE NEWSWIRE) — Apolo II Acquisition Corp. (the “Company”)(TSXV: APII), a “capital pool company” pursuant to the policies of the TSX Venture Exchange (the “Exchange” or the “TSXV”), is pleased to announce that in connection with the Company’s proposed Qualifying Transaction (the “Proposed Transaction”) with Terrace Inc. (“Terrace”), it has filed and obtained a receipt for the final non-offering prospectus (the “Prospectus”) with the securities regulatory authorities in the Provinces of Ontario, Alberta and British Columbia.The Proposed Transaction is expected to be completed the week of November 11, 2019.  The Company will issue a further press release with details on the closing and the expected date of resumption...

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