Day: November 14, 2019

Reference is made to the previously announced European Commission inspection which concerned possible collusion between Norwegian producers of farmed Norwegian Atlantic salmon and class action complaints in the USA related to the same matter.SalMar has today received a subpoena from the Antitrust Division of the Department of Justice in the USA where they are opening an investigation involving allegations of similar conduct. SalMar considers that there are no basis for the EU inspection and that the class action complaints clearly lack merit and are entirely unsubstantiated. This equally applies to any criminal investigation in the US.SalMar will fully cooperate with the Department of Justice and will provide all information as requested.This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian...

Det vises til tidligere annonserte undersøkelser fra Europakommisjonen vedrørende angivelig prissamarbeid mellom norske produsenter av norsk atlantisk oppdrettslaks og gruppesøksmål i USA vedrørende samme forhold.SalMar har i dag mottatt en stevning fra Antitrust Division i Justisdepartementet i USA hvor de åpner en etterforskning som omfatter påstander om tilsvarende handlinger. SalMar anser at det ikke er noe grunnlag for etterforskningen i EU, og at gruppesøksmålene er grunnløse. Det samme gjelder en eventuell strafferettslige etterforskning i USA.SalMar vil samarbeide med Justisdepartementet og fremskaffe all etterspurt informasjon.Denne meldingen er informasjonspliktig etter verdipapirhandelloven § 5-12.

SEATTLE, Nov. 14, 2019 (GLOBE NEWSWIRE) — Trupanion, a leader in medical insurance for cats and dogs, received an Innovation in Insurance Award last week for its proprietary hospital software and groundbreaking work in artificial intelligence and claims automation. Presented by Accenture and EFMA, the top prize in the Offering & Experience Innovation category was awarded to Trupanion for its proprietary artificial intelligence-driven automation, which enables direct payment of claims to veterinary hospitals often within seconds.“We’ve approached this technique to design using artificial intelligence that replicates the decision making process that those adjusting claims would normally be responsible for,” commented David Jaw, director of data science at Trupanion. “Trupanion’s claims adjudication process is very thorough and...

Westbrook, Maine, Nov. 14, 2019 (GLOBE NEWSWIRE) — Synergy CHC Corp. (OTCQB: SNYR) (“Synergy” or the “Company”), a consumer health care & beauty company, today reported results for the quarter ended September 30th, 2019.2019 Third Quarter HighlightsGenerated net cash provided by operating activities of $753,533 for the quarter and $2.5 million for the first nine months of the yearRepaid $512,500 of loans in the quarter, a reduction of 7.7%Cash and cash equivalents grew to $1,489,311 from $1,201,267 compared to the previous quarter, an increase of 24%Reduced payables and accrued liabilities by $3.9 million for the first nine months of the year, a reduction of 46%Net sales for the first nine months were $23 million, compared to $28.6 million for the same nine months in 2018. For the first nine months, our net income was $2 million...

FARGO, N.D., Nov. 14, 2019 (GLOBE NEWSWIRE) — NI Holdings, Inc. (NASDAQ: NODK), an insurance holding company, today announced the appointment of Cindy L. Launer to its Board of Directors, effective immediately.“Cindy is widely respected for her distinguished career in the insurance industry, and will bring new skills, experience, and diversity to the NI Holdings board,” said NI Holdings Chair of the Board, Eric K. Aasmundstad.“Cindy’s experience in M&A, investor relations, and financial operations will be invaluable as we continue to build a stronger organization for our customers, employees, and shareholders,” said NI Holdings President & CEO, Michael J. Alexander, who is also a board member. “Her energy and versatility will be critical assets for NI Holdings in executing on our plan to deliver profitable growth and increase...

TORONTO, Nov. 14, 2019 (GLOBE NEWSWIRE) — Inventus Mining Corp. (TSX VENTURE: IVS) (“Inventus” or the “Company”) is pleased to report on breakthrough exploration results from its second field season at the 100%-owned Sudbury 2.0 Property, located 40 km northeast of Sudbury, Ontario.Inventus has identified Sudbury offset dykes above the Temagami Magnetic Anomaly. Inventus has now identified 3 Sudbury Offset Dykes and a large 14+ km Sudbury Breccia Belt created by the enormous energy released from the meteorite impact that formed the Sudbury Basin (see Figure 1). These features are attractive exploration targets because comparable geological offset dykes and breccia around the Sudbury Basin host world-class Ni-Cu-PGE orebodies.In the early 1990’s, Falconbridge and Teck explored the Temagami Anomaly believing that it could be associated...

TORONTO, Nov. 14, 2019 (GLOBE NEWSWIRE) — Dundee Corporation (TSX: DC.PR.B) (“Dundee”) announced today that its board of directors has approved the payment of a quarterly cash dividend of $0.33025 per cumulative 5-year rate reset first preference share, series 2 payable on December 31, 2019 to shareholders of record on December 17, 2019.The dividend is designated as an eligible dividend for the purposes of section 89 of the Income Tax Act (Canada). ABOUT DUNDEE CORPORATIONDundee Corporation is a public Canadian independent holding company, listed on the Toronto Stock Exchange under the symbol “DC.A”.  Through its operating subsidiaries, Dundee Corporation is engaged in diverse business activities in the areas of investment advisory, corporate finance, energy, resources, agriculture, real estate and infrastructure.  Dundee Corporation...

TORONTO, Nov. 14, 2019 (GLOBE NEWSWIRE) — Dundee Corporation (TSX: DC.PR.D) (“Dundee”) announced today that its board of directors has approved the payment of a quarterly cash dividend of $0.36170 per cumulative floating rate first preference share, series 3 payable on December 31, 2019 to shareholders of record on December 17, 2019.The dividend is designated as an eligible dividend for the purposes of section 89 of the Income Tax Act (Canada). ABOUT DUNDEE CORPORATIONDundee Corporation is a public Canadian independent holding company, listed on the Toronto Stock Exchange under the symbol “DC.A”.  Through its operating subsidiaries, Dundee Corporation is engaged in diverse business activities in the areas of investment advisory, corporate finance, energy, resources, agriculture, real estate and infrastructure.  Dundee Corporation...

ALTAVISTA, Va., Nov. 14, 2019 (GLOBE NEWSWIRE) — Pinnacle Bankshares Corporation (the “Company”) (OTCQX: PPBN), the one-bank holding company for First National Bank (the “Bank”), announced today that its Board of Directors declared a cash dividend of $0.14 per share on November 12, 2019 payable December 6, 2019 to shareholders of record as of November 22, 2019. The $0.14 per share cash dividend is equal to the $0.14 dividend paid last quarter and marks the twenty-ninth consecutive quarter that a dividend has been declared.  Pinnacle previously released its 2019 third quarter earnings on October 17, 2019 indicating record net income for the first nine months of 2019.“We are pleased to maintain our cash dividend of $0.14 per share this quarter after reporting record earnings through nine months of 2019.  Dividends declared in 2019...