Day: November 13, 2019

November 2019 Monthly Dividend of $0.08 Per ShareRMBS Portfolio Characteristics as of October 31, 2019Next Dividend Announcement Expected December 12, 2019VERO BEACH, Fla., Nov. 13, 2019 (GLOBE NEWSWIRE) — Orchid Island Capital, Inc. (the “Company”) (NYSE:ORC) announced today that the Board of Directors (the “Board”) declared a monthly cash dividend for the month of November 2019. The dividend of $0.08 per share will be paid December 31, 2019, to holders of record on November 29, 2019, with an ex-dividend date of November 27, 2019.  The Company plans on announcing its next dividend after the Board’s meeting on December 12, 2019.The Company intends to make regular monthly cash distributions to its stockholders. In order to qualify as a real estate investment trust (“REIT”), the Company must distribute annually to its stockholders...

(All dollar amounts are in U.S. dollars (“$”) unless otherwise specified)Mine site AISC decreased to $1.09 and Consolidated AISC reported at $1.13Conference call on November 14, 2019, at 10:00am ET to review resultsQ3 2019 Highlights:11th consecutive quarter of metal production growth since Ascendant acquisitionRecord contained metal production of 28.8 million ZnEq1 lbs, up 21% from Q3 2018Average head grade of 7.8% ZnEq, a 17% improvement over Q3 2018Cash operating costs of $0.70 per ZnEq payable lb sold are lowest achieved to dateAdjusted EBITDA of $0.36 million, a net loss of $5.21 million and a loss per share of $0.07Updated Mineral Resource Estimate significantly upgrades resources at Lagoa Salgada projectTORONTO, Nov. 13, 2019 (GLOBE NEWSWIRE) — Ascendant Resources Inc. (TSX: ASND) (OTCQX: ASDRF; FRA: 2D9) (“Ascendant”...

CALGARY, Alberta, Nov. 13, 2019 (GLOBE NEWSWIRE) — Parkland Fuel Corporation (“Parkland”) (TSX:PKI) announces that a dividend of $0.0995 per share will be paid on December 13, 2019 to shareholders of record on November 22, 2019. The dividend will be an ‘eligible dividend’ for Canadian income tax purposes. The ex-dividend date is November 21, 2019.Enhanced Dividend Reinvestment PlanParkland’s enhanced Dividend Reinvestment Plan (“Enhanced DRIP”) allows shareholders to reinvest their cash dividends to purchase additional Parkland shares from treasury at a 5% per share discount to the daily volume weighted average trading price on the applicable dividend payment date.  Shareholders who wish to enroll in the Enhanced DRIP must do so prior to the November 21, 2019 ex-dividend date to reinvest this month’s...

POMPANO BEACH, Fla., Nov. 13, 2019 (GLOBE NEWSWIRE) — Basanite Industries LLC (OTC: BASA) (hereinafter “Basanite”) continues to work with government agencies and industry leading precast manufacturers to raise the profile of basalt fiber reinforced polymer as the answer to eliminating corrosion in concrete structures.“In North America, and across the globe, the concrete industry is moving toward greater sustainability in manufacturing and increasing resiliency in structures,” said Richard Krolewski, Basanite CEO. “BFRP fits both of these profiles. Our BasaFlex™ reinforcement product has a low carbon footprint, and the non-corrosive aspects that make it highly resilient.”Gregory Cline, P.E., a retired subject matter expert with the Federal Aviation Agency and the Naval Facilities Engineering Command, had worked with Krolewski on...

HOUSTON, Nov. 13, 2019 (GLOBE NEWSWIRE) — Targa Resources Partners LP (the “Partnership”), a subsidiary of Targa Resources Corp. (NYSE: TRGP), and the Partnership’s subsidiary Targa Resources Partners Finance Corporation announced today the pricing of an upsized offering of $1.0 billion aggregate principal amount of senior unsecured notes due 2030 (the “2030 Notes”). The 2030 Notes will accrue interest at a rate of 5.500% per annum, will mature on March 1, 2030, and were priced at par.The offering is expected to close on November 27, 2019, subject to customary closing conditions. The Partnership intends to use the net proceeds from the offering to repay borrowings under its credit facilities and for general partnership purposes, which may include redemptions or repurchases of the Partnership’s outstanding senior notes, repayment...

LAVAL, Quebec, Nov. 13, 2019 (GLOBE NEWSWIRE) — Savaria Corporation (“Savaria”) (TSX: SIS), one of the global leaders in the accessibility industry, announces today its results for the third quarter 2019 ended on September 30, 2019.Highlights of the Quarter ended September 30, 2019Revenue for the quarter was $96.4M, up $24.3M or 33.8% compared to Q3 2018.Gross margin was $32.1M, up $8.2M or 34.3% compared to Q3 2018.Adjusted EBITDA(1) was $15.7M, up $5.7M, or 57.1% compared to Q3 2018.Adjusted EBITDA margin(1) stood at 16.2% compared to 13.8% in Q3 2018. Excluding the favourable impact related to the adoption ofIFRS 16 – Leases, adjusted EBITDA margin was 15.5%.Garaventa Lift’s adjusted EBITDA margin stood at 11.8%, compared to 9.4% in Q2 2019, in line with ongoing integration efforts.Patient Handling adjusted EBITDA margin stood...

LAVAL, Québec, 13 nov. 2019 (GLOBE NEWSWIRE) — Un des chefs de file mondiaux de l’industrie de l’accessibilité, Savaria Corporation (« Savaria ») (TSX : SIS), divulgue aujourd’hui les résultats de son troisième trimestre clos le 30 septembre 2019.Faits saillants du trimestre clos le 30 septembre 2019Revenus pour le trimestre de 96,4 M $, en hausse de 24,3 M $, ou 33,8 %, par rapport au 3e trimestre de 2018.Marge brute de 32,1 M $, en hausse de 8,2 M $ ou 34,3 %, par rapport au 3e trimestre de 2018.BAIIA ajusté(1) de 15,7 M $, en hausse de 5,7 M $, ou 57,1 %, par rapport au 3e trimestre de 2018.Marge du BAIIA ajusté(1) de 16,2 %, comparé à 13,8 % au 3e trimestre 2018. Excluant l’impact favorable provenant de IFRS 16 – Contrats de location, la marge du BAIIA ajusté est de 15,5 %.Marge du BAIIA ajusté de Garaventa Lift...

HOUSTON, Nov. 13, 2019 (GLOBE NEWSWIRE) — Epsilon Energy Ltd. (“Epsilon” or the “Company”) (NASDAQ: EPSN) today reported third quarter 2019 financial and operating results.Michael Raleigh, CEO, commented, “Following the initial flow-back and testing phase the operator turned in-line to sales four lower Marcellus wells on October 30th. Due to one of the wells being drilled shorter than planned, resulting from drilling issues, these four wells contributed 8800’ rather than the originally planned 9300’ of completed lateral net to Epsilon’s interests. During the first few days of November these wells were contributing approximately 13.5 MMcf/d to the Company’s net working interest production of roughly 34.0 MMcf/d. This represents a 65% production increase over the third quarter exit rate.In the NW Stack the company participated in...

TORONTO, Nov. 13, 2019 (GLOBE NEWSWIRE) — Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX: CAR.UN) announced today continuing strong operating and financial results for the three and nine months ended September 30, 2019.HIGHLIGHTS:SUMMARY OF Q3 – 2019 RESULTS OF OPERATIONSKey TransactionsOn September 30, 2019, ERES acquired a portfolio of multi-residential properties from CAPREIT. For details, see Section I – European Residential Real Estate Investment Trust. As at September 30, 2019, all of the Netherlands properties are held through ERESOn September 24, 2019, ERES completed an offering of ERES units for a price of $4.15 per unit for aggregate proceeds of $166.8 million. The net proceeds after underwriters’ commission and other closing costs totalling $9.2 million was $157.6 million....

FITCHBURG, Mass., Nov. 13, 2019 (GLOBE NEWSWIRE) — Micron Solutions, Inc. (NYSE American: MICR) (the “Company”), a diversified contract manufacturing organization, through its wholly-owned subsidiary, Micron Products, Inc., producing highly-engineered, innovative components requiring precision machining and injection molding, announced results for its third quarter ended September 30, 2019.In the third quarter 2019, the Company reported $4,331,000 in revenue, as compared to $5,002,000 in the third quarter of 2018, a 13.4% decrease. The net loss for the period was $507,000 compared to $77,000 in the third quarter of 2018. Adjusted EBITDA for the period was $80,000, compared to $410,000 in the third quarter of 2018.Outlook:CEO Bill Laursen commented, “During the third quarter we announced binding commitments of $3.7M with a leading...