Day: November 19, 2019

CALGARY, Alberta, Nov. 19, 2019 (GLOBE NEWSWIRE) — CORDY OILFIELD SERVICES INC. (the “Corporation” or “Cordy”) (CKK: TSX-V) released today its third quarter 2019 results.THIRD QUARTER ENDED SEPTEMBER 30, 2019For the nine month period ended September 30, 2019, Cordy’s consolidated revenues increased by $0.4 million or 3 percent, from the comparative period in 2018. Cordy’s consolidated operating earnings increased $0.4 million or 30 percent from the comparative period. Cordy’s net earnings was $0.3 million for the nine months ended September 30, 2019, as compared to a net loss of $0.3 million for the nine months ended September 30, 2018, representing a 219 percent increase over prior year.The Environmental Services saw marginally increased revenue for the nine months ended September 30, 2019, of $0.4 million, from the comparative...

STUART, Fla., Nov. 19, 2019 (GLOBE NEWSWIRE) — Seacoast Banking Corporation of Florida (NASDAQ:SBCF) (“Seacoast”), the holding company for Seacoast National Bank (“Seacoast Bank”), today announced it has signed a definitive agreement to acquire First Bank of the Palm Beaches (“First Bank”) in a transaction that will expand Seacoast’s presence in the attractive Palm Beach County market.Pursuant to the terms of the merger agreement, First Bank, headquartered in West Palm Beach, will be merged with and into Seacoast Bank. Organized in 2006, First Bank has deposits of approximately $172 million and loans of $150 million and will increase Seacoast’s deposits in Palm Beach County by 25% to approximately $821 million.Palm Beach County has the highest median household income in Florida and is one of the fastest growing economies in the...

Mingchen Xia and Collwyn Tan named Co-Heads of Asia InvestmentsJeff Armbrister elevated to Global Head of Co-InvestmentsBALA CYNWYD, Pa., Nov. 19, 2019 (GLOBE NEWSWIRE) — Leading private markets asset management firm Hamilton Lane (NASDAQ: HLNE) today announced new leadership roles across its investment business, naming Jeff Armbrister as Global Head of Co-Investments, and appointing Mingchen Xia and Collwyn Tan as Co-Heads of Asia Investments.Mario Giannini, CEO of Hamilton Lane, commented: “Today, Hamilton Lane manages more than $65 billion in discretionary assets across our investment platform globally. As our business continues to grow within geographies and sectors, we believe the appointments of Jeff, Mingchen and Collwyn will best position our global investment teams for future success.”*In connection with his role, Armbrister...

HOUSTON, Nov. 19, 2019 (GLOBE NEWSWIRE) — Sysco Corporation (NYSE:SYY) announced today that Michael Foster will join the company as chief information and technology officer, effective December 2. He will serve as Sysco’s senior technology leader with responsibility for all aspects of our global technology agenda, and will partner with other Sysco leaders in helping to shape the company’s broader strategic direction and future growth agenda.“We are very pleased to welcome Michael to Sysco,” said Tom Bené, Sysco’s chairman, president and chief executive officer. “His deep background in complex supply chain and logistics businesses, as well as his experience leading digital transformation, infrastructure modernization and business integration initiatives at a global scale are critical to Sysco as we look to increase the...

VANCOUVER, British Columbia, Nov. 19, 2019 (GLOBE NEWSWIRE) — Glacier Media Inc. (“Glacier” or the “Company”) is pleased to announce that Mr. Hugh McKinnon has joined the Company’s board of directors.Mr. McKinnon is President, CEO and sole shareholder of Norscot Investments Ltd., a privately held company with interests in media and residential/commercial real estate developments in Washington, British Columbia and Alberta.He previously served as President and Chief Executive Officer of Okanagan Skeena Ltd., a radio broadcasting and cable television business, and President and CEO of Nornet Broadcasting Ltd. and Central Island Broadcasting Ltd., both radio broadcasting businesses. Mr. McKinnon also served as the sole outside director of Castanet Media Ltd. for 18 years. Castanet.net is the leading source of news and community information...

TORONTO, Nov. 19, 2019 (GLOBE NEWSWIRE) — (TSX: DGS, DGS.PR.A) Dividend Growth Split Corp. (the “Fund”) announces a pro-rata redemption of preferred shares (the “Preferred Shares”) to maintain an equal number of class A shares (the “Class A Shares”) and Preferred Shares outstanding.  In connection with the extension of the Fund’s term for an additional five years, holders of both Class A Shares and Preferred Shares had a special retraction right.  Class A shareholders retracted 1,189,759 more shares than Preferred shareholders.  As a result, the Fund is required to redeem 1,189,759 Preferred Shares on a pro-rata basis pursuant to the Fund’s constating documents.  This is the first pro-rata redemption the Fund has had to effect since inception in December 2007.  Each Preferred shareholder of record on November 28, 2019 will receive...

WOBURN, Mass., Nov. 19, 2019 (GLOBE NEWSWIRE) — Yield10 Bioscience, Inc. (NASDAQ:YTEN) an agricultural bioscience company which uses its “Trait Factory” to develop high value seed traits for the agriculture and food industries, announced today the closing of an equity offering, which consisted of an underwritten public offering of units and a private placement of units for gross proceeds of $11.5 million, which includes the full exercise of the underwriter’s over-allotment option to purchase additional shares and warrants, prior to deducting underwriting discounts and commissions and offering expenses payable by Yield10 Bioscience. Both existing investors, including 40.1% shareholder Jack W. Schuler, and new institutional investors participated in the offering.Ladenburg Thalmann & Co. Inc., a subsidiary of Ladenburg Thalmann...

TORONTO, Nov. 19, 2019 (GLOBE NEWSWIRE) — Today, Clear Blue Technologies International Inc. (“Clear Blue” or “the Company”) (TSXV: CBLU) (FRANKFURT: 0YA) announced that it has received its largest single order to date for its Smart Solar Off-Grid system, for an amount which exceeds $1.2 million CAD.  Clear Blue will provide solar off-grid lighting to an area of key infrastructure to a customer in the Middle East and Africa region.  It is expected to ship in Q4 2019 and the customer will install Clear Blue’s technology in 2020.“As governments and organizations around the world seek to provide mission-critical infrastructure while constrained by tight budgets, Smart Off-Grid becomes a key asset in achieving those objectives,” said Miriam Tuerk, CEO of Clear Blue.  “We are thrilled to be undertaking this project in the Middle East...

YUBA CITY, Calif., Nov. 19, 2019 (GLOBE NEWSWIRE) — River Valley Community Bancorp (OTC Markets: RVCB) with its wholly owned subsidiary, River Valley Community Bank (collectively referred to as the “Bank”), has received formal approval from banking regulators to proceed with opening a new, full service, branch office in Marysville, California. The branch will be located at 904 B Street and is expected to open in early 2020.The Bank first opened for business in Yuba City in 2006 and opened a second branch in Grass Valley in 2013.  In September 2018, the Bank added a third branch in Auburn.  Since its inception, the Bank has grown steadily by offering a local, relationship banking experience valued by its customers.  The Bank is primarily focused on meeting business and commercial banking needs but also offers a full suite of competitive...