Day: December 2, 2019

FORT WORTH, Texas, Dec. 02, 2019 (GLOBE NEWSWIRE) — RANGE RESOURCES CORPORATION (NYSE: RRC) today announced that its Board of Directors declared a quarterly cash dividend on its common stock for the fourth quarter.  A dividend of $0.02 per common share is payable on December 30, 2019 to stockholders of record at the close of business on December 13, 2019. RANGE RESOURCES CORPORATION (NYSE: RRC) is a leading U.S. independent natural gas, NGL and oil producer with operations focused in stacked-pay projects in the Appalachian Basin and North Louisiana.  The Company pursues an organic development strategy targeting high return, low-cost projects within its large inventory of low risk development drilling opportunities. The Company is headquartered in Fort Worth, Texas. More information about Range can be found at www.rangeresources.com.Range...

Boca Raton, FL, Dec. 02, 2019 (GLOBE NEWSWIRE) — Bright Mountain Media, Inc. (OTCQB: BMTM), a digital media holding company whose primary focus is connecting brands and advertisers with consumers as a full advertising services company, announced today that it has closed the previously announced merger with News Distribution Network, Inc. (NDN).Based in Atlanta, Georgia, NDN provides data-driven technology solutions for the syndication and monetization of contextually relevant, personalized premium video content. NDN seeks to solve the industry’s supply challenge for premium video by creating new video streams and impression opportunities across the most desirable online publishing destinations in the United States. NDN has aggregated a digital audience which provides ad buyers with near certainty in reaching target demographics.Kip...

TORONTO, Dec. 02, 2019 (GLOBE NEWSWIRE) — Fairfax Financial Holdings Limited (“Fairfax”) (TSX: FFH and FFH.U) announces that it has determined the fixed dividend rate on its Cumulative 5-Year Rate Reset Preferred Shares, Series C (the “Series C Shares”) (TSX: FFH.PR.C) for the five years commencing January 1, 2020 and ending December 31, 2024. The fixed quarterly dividends on the Series C Shares during that period, if and when declared, will be paid at an annual rate of 4.709% (C$0.294313 per share per quarter).Holders of Series C Shares have the right, at their option, exercisable not later than 5:00 p.m. (Toronto time) on December 16, 2019, to convert all or part of their Series C Shares, on a one-for-one basis, into Cumulative Floating Rate Preferred Shares, Series D (the “Series D Shares”) (TSX: FFH.PR.D), effective December...

MIAMI, Dec. 02, 2019 (GLOBE NEWSWIRE) — NCL Corporation Ltd. (“NCLC”), a subsidiary of Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) (“NCLH”), announced today that it entered into an agreement to sell $565.0 million aggregate principal amount of 3.625% Senior Notes due 2024 (the “Notes”) in a private offering (the “Offering”) that is exempt from the registration requirements of the Securities Act of 1933, as amended (the “Securities Act”). The Notes are to be issued at par.NCLC intends to use the net proceeds from the Offering, after deducting the initial purchasers’ discount and estimated fees and expenses, together with cash on hand, to redeem all $565,000,000 aggregate principal amount of its outstanding 4.750% senior notes due 2021 (the “4.750% Senior Notes”) (including accrued and unpaid interest) in accordance with the indenture...

TORONTO, Dec. 02, 2019 (GLOBE NEWSWIRE) — Savanna Capital Corp. (“Savanna”), a capital pool company as defined under Policy 2.4 – Capital Pool Companies of the TSX Venture Exchange (the “Exchange”), announces that effective November 29, 2019, it has executed an amendment (the “Amendment”) to the business combination agreement dated August 30, 2019 (the “Definitive Agreement”) between Savanna and Varianz Corp. (“Varianz”), to extend the termination date from November 30, 2019 to January 22, 2020. All other terms of the Definitive Agreement remain in full force and effect and unamended.About SavannaSavanna is a Capital Pool Company (as defined in the policies of the Exchange) listed on the Exchange. Savanna has no material liabilities, approximately $180,000 in cash, 4,600,000 common shares and 460,000 options issued and outstanding.Further...

Not for distribution to U.S. news wire services or for dissemination in the United StatesTORONTO, Dec. 02, 2019 (GLOBE NEWSWIRE) — Avante Logixx Inc. (TSXV: XX) (“Avante” or the “Company”) is pleased to announce that it has closed its previously reported acquisition of all of the issued and outstanding shares of A.S.A.P. Secured Inc. (“ASAP”) effective December 1, 2019 pursuant to the terms of the share purchase agreement dated November 13, 2019 (the “Agreement”) and as previously announced by Avante on November 14, 2019. As announced, Avante purchased ASAP for $10.5 million using the proceeds from the private placement offering of unsecured convertible debentures issued to Fairfax Financial Holdings Limited to fund the acquisition. The $10.5 million purchase price is subject to certain adjustments as set forth in the Agreement.“It...

DODGEVILLE, Wis., Dec. 02, 2019 (GLOBE NEWSWIRE) — Lands’ End, Inc., (NASDAQ: LE) a leading uni-channel retailer, today announced it has appointed David Witkewicz as vice president and head of design. This announcement comes as part of the company’s continuing focus to deliver products with exceptional quality that meet the needs of consumers. In this new role, Witkewicz will report to Chieh Tsai, chief product officer, and will oversee concept, print, pattern, color and product design across all divisions.“David has provided creative leadership and design expertise across several global brands and major retailers,” said Tsai, “We are thrilled to have him on board as we look to create timeless offerings in the coming seasons and years.”Witkewicz was most recently at Kenneth Cole as Vice President of Women’s Design. Prior to this...

BOSTON, Dec. 02, 2019 (GLOBE NEWSWIRE) — The New America High Income Fund, Inc. (the “Fund”) (NYSE: HYB) announced today that it will pay a dividend of $.055 per share on the company’s common stock on December 31, 2019 to common shareholders of record as of the close of business on December 17, 2019. The ex-dividend date will be December 16th.The Fund has released updated portfolio data which can be found on the Fund’s website at www.newamerica-hyb.com.The New America High Income Fund, Inc. is a diversified, closed-end management investment company with a leveraged capital structure. The Fund’s investment adviser is T. Rowe Price Associates, Inc. (“T. Rowe Price”). As of September 30, 2019, T. Rowe Price and its affiliates managed approximately $1.1 trillion of assets, including approximately $20 billion of “high yield” investments. ...

Vancouver, BC, Dec. 02, 2019 (GLOBE NEWSWIRE) — via NEWMEDIAWIRE — CIBT Education Group Inc. (“CIBT” or the “Company”) (TSX: MBA, OTCQX International: MBAIF) is pleased to report that it has filed on SEDAR its annual audited consolidated financial statements (the “Annual Financial Statements”) and related Management’s Discussion & Analysis (“MD&A”) (collectively, the “2019 Financial Report”) for the fiscal year ended August 31, 2019 (“Fiscal 2019”).  This news release should be read in conjunction with the 2019 Financial Report in its entirety.  To review the 2019 Financial Report, please visit CIBT’s profile at www.sedar.com. The following table presents selected financial data from the 2019 Financial Report with comparisons:“Fiscal 2019 showed strong double-digit growth for the fifth consecutive year through our...