Day: December 18, 2019

TORONTO, Dec. 18, 2019 (GLOBE NEWSWIRE) — Kirkland Lake Gold Ltd. (“Kirkland Lake Gold” or the “Company”) (TSX:KL) (NYSE:KL) (ASX:KLA) today announced the Company’s full-year guidance for 2020, which includes continued strong operating and financial results, with consolidated production targeted at 950,000 – 1,000,000 ounces and operating cash costs per ounce sold and all-in sustaining costs per ounce sold expected to average $300 – $330 and $570 – $630, respectively.  The Company will also continue to invest aggressively in growth, including commencing work on development ramps aimed at establishing two new mining operations, Robbin’s Hill at Fosterville and previously identified high-grade zones near surface along the Amalgamated Break at Macassa. The Company will also...

NEW YORK, Dec. 18, 2019 (GLOBE NEWSWIRE) — Portman Ridge Finance Corporation (“PTMN”, or the “Company”) (NASDAQ: PTMN) and OHA Investment Corporation (NASDAQ: OHAI) (“OHAI”) today announced the closing (the “Closing”) of the previously announced transaction under which OHAI will be merged into PTMN.As a result of the Closing, December 18, 2019 has been set as the record date (the “Record Date”) for the OHAI stockholders’ right to receive the $3.0 million cash payment from an affiliate of BC Partners Advisors L.P. (“BC Partners”) and LibreMax Capital, LLC through its affiliate LibreMax SC, LLC, as well as the merger consideration composed of (i) approximately $8.5 million in cash from PTMN and (ii) approximately 7.4 million shares of PTMN common stock....

TORONTO, Dec. 18, 2019 (GLOBE NEWSWIRE) — Tanzanian Gold Corporation’s (TSX:TNX) (NYSE American:TRX) (the “Company’s”) Board of Directors is pleased to announce that it has completed the sale of 6,695,652 common shares raising $3,850,000, in the aggregate as previously announced in its press release of December 16, 2019. Tanzanian Gold Corporation has over the past twelve months successfully executed a professionally designed and managed pathway with our development at the Buckreef Project. As demonstrated by our news releases and presentations throughout 2019, the Company has undertaken the Buckreef mine development in a manner rarely seen in the junior mining sector. The Company believes that Gold mines in general and, more specifically Tier One Gold Mines, are not found they are made.Mr. James E....

BATON ROUGE, La., Dec. 18, 2019 (GLOBE NEWSWIRE) — Investar Holding Corporation (the “Company”) (NASDAQ:ISTR), the holding company for Investar Bank, National Association, declared a quarterly cash dividend of $0.06 per share to holders of Investar Holding Corporation common stock. The dividend is payable on January 31, 2020 to shareholders of record as of December 30, 2019. This is the 25th quarterly dividend paid by Investar Holding Corporation, which follows an uninterrupted 11 quarterly cash dividends paid by Investar Bank.About InvestarInvestar Holding Corporation, headquartered in Baton Rouge, Louisiana, provides full banking services, excluding trust services, through its wholly-owned banking subsidiary, Investar Bank, National Association (“Investar”). The Company had total assets of approximately...

NASHVILLE, Tenn., Dec. 18, 2019 (GLOBE NEWSWIRE) — SmileDirectClub, (Nasdaq: SDC), the industry pioneer and first direct-to-consumer medtech platform for teeth straightening, today announced that 21 of the consumer “class”  plaintiffs under the Ciccio class action complaint have voluntarily withdrawn their claims, leaving only one plaintiff in court and one that has been sent to arbitration.  On December 12, 2019, all but two consumer plaintiffs filed an official notice of voluntary dismissal under Ciccio et al v. SmileDirectClub, LLC, et al. (3:19-cv-00845; U.S. District Court for the Middle District of Tennessee).Susan Greenspon Rammelt, General Counsel, SmileDirectClub commented: “We have maintained that there was no merit to these claims being filed in court and these withdrawals are a confirmation...

CALGARY, Alberta, Dec. 18, 2019 (GLOBE NEWSWIRE) — ARROW Exploration Corp. (“Arrow” or the “Company”) (TSXV: AXL) announces that the Board of Directors has appointed Mr. Felix Betancourt as Interim Chief Executive Officer, based in Bogota Colombia, effective immediately. The appointment of Mr. Betancourt remains subject to receipt of all required regulatory approvals, including the approval of the TSX Venture Exchange.Mr. Betancourt is a former senior executive of both Canacol Energy Ltd. (“Canacol”) and Ecopetrol S.A. (“Ecopetrol”) (Colombia’s State Oil Company). Mr. Betancourt worked with Canacol since its inception in 2008 in several roles including: General Manager of Colombia, VP of Finance & New Business, and President of Mid-Stream prior to retiring in May of 2018....

FAIRFIELD, N.J. and MILLINGTON, N.J., Dec. 18, 2019 (GLOBE NEWSWIRE) — Kearny Financial Corp. (Nasdaq: KRNY), the holding company for Kearny Bank, (“Kearny”), and MSB Financial Corp. (Nasdaq: MSBF), the holding company for Millington Bank, (“Millington”) , announced today that the companies have entered into a definitive agreement pursuant to which Kearny will acquire Millington in a transaction valued over $94 million based on Kearny’s closing stock price on Tuesday, December 17, 2019 of $14.10 per share.  Under the terms of merger, which was unanimously approved by both Boards of Directors, Millington will merge with and into Kearny, and each outstanding share of Millington common stock will be exchanged for 1.3 shares of KRNY common stock or $18.00 in cash.  Millington stockholders may...

NOT FOR DISTRIBUTION IN THE UNITED STATES OR OVER UNITED STATES WIRE SERVICESTORONTO, Dec. 18, 2019 (GLOBE NEWSWIRE) — SmartCentres Real Estate Investment Trust (“SmartCentres”) (TSX:SRU.UN) announced today that it has agreed to issue $450 million aggregate principal amount of Series U senior unsecured debentures on an agency basis.  The Series U debentures will carry a coupon of 3.526% and will mature on December 20, 2029.  The debentures are being offered by a syndicate of agents with Scotia Capital as the lead left bookrunner, RBC Capital Markets, BMO Capital Markets, CIBC Capital Markets, National Bank Financial and TD Securities as joint bookrunners and co-leads, and Desjardins Securities, HSBC Securities (Canada), Canaccord Genuity, Raymond James, Casgrain, iA Securities, and Stifel Nicolaus Canada as...

MALVERN, Pa., Dec. 18, 2019 (GLOBE NEWSWIRE) — Meridian Corporation (Nasdaq: MRBK) (“Meridian”), holding company for Meridian Bank (the “Bank”), today announced the completion of its offering of $40 million in fixed-to-floating rate subordinated notes due 2029 (the “Notes”) to certain qualified institutional buyers and institutional accredited investors in a private placement transaction. The Notes will initially bear interest at a fixed annual rate of 5.375%, for five years and will reset quarterly thereafter to the then current three-month SOFR plus 395 basis points. Meridian may redeem the Notes on or after December 30, 2024, or at any time upon certain other specified events.  The Notes have been structured to qualify initially as Tier 2 capital for Meridian for regulatory capital purposes....

WAUWATOSA, Wis., Dec. 18, 2019 (GLOBE NEWSWIRE) — On December 18, 2019, the Board of Directors of Waterstone Financial, Inc. (NASDAQ: WSBF) declared a quarterly dividend of $0.12 per common share, payable on February 3, 2020, to shareholders of record at the close of business on January 10, 2020.About Waterstone Financial, Inc.Waterstone Financial, Inc. is the savings and loan holding company for WaterStone Bank. WaterStone Bank was established in 1921 and offers a full suite of personal and business banking products. The Bank has branches in Wauwatosa/State St, Brookfield, Fox Point/North Shore, Franklin/Hales Corners, Germantown/Menomonee Falls, Greenfield/Loomis Rd, Oak Creek/27th St, Oak Creek/Howell Ave, Oconomowoc/Lake Country, Pewaukee, Waukesha/Brookfield, West Allis/Greenfield Ave, and West Allis/National Ave, Wisconsin...