Day: December 20, 2019
TORONTO, Dec. 20, 2019 (GLOBE NEWSWIRE) — Pauric Duffy (“PD”) and Peter Comerford (“PC”) announce today that certain Series 1 voting convertible redeemable preferred shares (the “Preferred Shares”) in the capital of The Flowr Corporation (“Flowr” or the “Issuer”) will be converted into Common Shares (as defined below) on February 20, 2020. PD and PC previously acquired, through DFT Trading Limited (“Pauric Holdco”) and Pleiades Trading Ltd. (“Peter Holdco”), respectively, indirect ownership of an aggregate of 32,632,545 Preferred Shares (the “Consideration Shares”) as partial consideration for the sale of their respective interests in Holigen Holdings Limited (“Holigen”). The sale of Holigen to Flowr (the “Acquisition”)...
The New Ireland Fund, Inc. files Annual Report
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BOSTON, Dec. 20, 2019 (GLOBE NEWSWIRE) — The Board of Directors of The New Ireland Fund, Inc. (NYSE: IRL) is pleased to announce that it has filed its Annual Report for the year ended October 31, 2019 with the SEC on Form N-CSR. A full copy of the Annual Report is available on the Fund’s Website at: www.newirelandfund.com. Shareholders may also receive a hard copy of the Fund’s complete audited financial statements free of charge upon request. This may be done by emailing the Fund at investor.query@newirelandfund.com or writing to the Fund at:The New Ireland Fund, Inc.c/o KBI Global Investors (North America) LtdOne Boston Place201 Washington Street, 36th Floor,Boston, MA 02108The New Ireland Fund, Inc. is a closed-end diversified investment company, listed on the New York Stock Exchange under the trading...
Bridgeline to Report Financial Results for the Fourth Quarter and Fiscal Year Ended September 30, 2019
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Burlington, Mass., Dec. 20, 2019 (GLOBE NEWSWIRE) — Bridgeline Digital, Inc. (NASDAQ: BLIN), The Digital Engagement Company™, announced today that it will release its financial results for the fourth quarter and fiscal year ended September 30, 2019 on Friday, December 27, 2019 at 4:30 pm ET. On that day, Ari Kahn, the Company’s President and Chief Executive Officer and Mark Downey, the Company’s Chief Financial Officer, plan to host a live conference call at 4:30 p.m. ET to discuss the financial results. A replay will be available for one week following the live call.About Bridgeline DigitalBridgeline Digital, The Digital Engagement Company™, helps customers maximize the performance of their full digital experience from websites and intranets to online stores and campaigns. Bridgeline’s Unbound...
American National Bankshares Inc. Announces New Executive Vice President of Holding Company
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DANVILLE, Va., Dec. 20, 2019 (GLOBE NEWSWIRE) — American National Bankshares Inc. (NASDAQ: AMNB) announced today the appointment of Edward C. Martin as Executive Vice President of American National Bankshares Inc. Mr. Martin is currently Executive Vice President and Chief Credit Officer of the Bank, a position he has held since April 2017 and in which he will continue.“Eddie has demonstrated exceptional strategic leadership for American National and managing our growing credit portfolio,” said Jeffrey V. Haley, President and CEO. “He’s been instrumental in working with our lending team while maintaining the Bank’s superb asset quality. Eddie has proven to be a valuable member of the Bank’s executive team and I am privileged to have him in an executive role with the holding company.”...
Wildflower Reports Record Quarterly Revenues of $6.3 Million
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VANCOUVER, British Columbia, Dec. 20, 2019 (GLOBE NEWSWIRE) — via NetworkWire: Wildflower Brands Inc. (CSE: SUN, OTC:WLDFF) (the “Company”) announces more than $6.3M in revenues in its first quarter, compared to $1.0M in the previous year’s first quarter. Revenues from all sources are up, and the largest contributor of the record-breaking revenues was City Cannabis Corp., which was acquired by the Company in June 2019. The revenues for the Company’s first quarter ended September 30, 2019, almost total revenues for the entire year ended June 30, 2019 ($7.1M).Highlights for the quarter ending September 30, 2019 (with comparisons to the prior quarter except as otherwise noted) include the following:Revenues of $6,359,092 (Q1 2018: $1,002,279), including sales in British Columbia’s provincially regulated...
Wayne Savings Bancshares, Inc. Announces Adoption of a 4% Stock Repurchase Program
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WOOSTER, Ohio, Dec. 20, 2019 (GLOBE NEWSWIRE) — Wayne Savings Bancshares, Inc., (the “Company”) (OTCQX:WAYN), the holding company for Wayne Savings Community Bank, reported that its Board of Directors has adopted an additional stock repurchase program. On October, 25, 2018 the Board of Directors adopted a 4% stock repurchase program authorizing the repurchase of up to 108,234 shares. There are currently 4,325 shares remaining to be purchased under the previous repurchase plan. On December, 19, 2019 the Board of Directors adopted a new 4% stock repurchase program authorizing the Company to repurchase up to an additional 103,904 shares. The stock repurchase program may be limited or terminated at any time without prior notice.President and CEO James R. VanSickle commented, “The addition of another...
Aimco Formalizes Commitment to Flexibility for Families with New Parental Leave Benefit
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Denver, CO, Dec. 20, 2019 (GLOBE NEWSWIRE) — Aimco has built a business successful on Wall Street and is recognized as a “Top Workplace” by respecting its teammates and supporting their work-life balance. As one example, Aimco provides teammates the flexibility to plan their days to accomplish personal as well as business goals. Today, Aimco announces a new parental leave benefit, formalizing its practice of flexible time for teammates to attend to family matters. Under the Aimco parental leave program, new parents – mothers, fathers, adoptive and foster parents – can spend 16 weeks with their new addition, fully paid. The new benefit, perhaps the most expansive in the industry, is effective immediately.“Aimco success turns on many factors including hard work, customer satisfaction, and financial...
Gowest Gold Closes First Tranche of Private Placement and Announces Shares for Debt Transactions
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NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATESTORONTO, Dec. 20, 2019 (GLOBE NEWSWIRE) — Gowest Gold Ltd. (“Gowest” or the “Company”) (TSX VENTURE: GWA) announced today that, pursuant to its previously announced non-brokered private placement (the “Private Placement”) (see news release dated December 8, 2019), it has completed an initial closing of the Private Placement pursuant to which it raised aggregate gross proceeds of $2,043,049. Specifically, the Company has issued 5,000,000 units of the Company (the “Units”), at a price of $0.20 per Unit, for gross proceeds of $1,000,000 and 4,741,130 flow-through units (the “FT Units”), at a price of $0.22 per FT Unit, for gross proceeds of $1,043,049.Each Unit comprises one common...
Euro Manganese Closes Private Placement
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VANCOUVER, British Columbia, Dec. 20, 2019 (GLOBE NEWSWIRE) — Euro Manganese Inc. (TSX-V / ASX: EMN) (the “Company” or “EMN“) is pleased to announce it has closed a non-brokered private placement (the “Placement“) of 1,200,000 common shares in the capital of the Company (the “Shares“) at a price of $0.25 per Share. The subscription proceeds of $300,000 will be used for general working capital purposes. Following the closing of the Placement, the Company will have 176,265,435 Shares issued and outstanding. Half of the Shares issued under the Placement are subject to a contractual resale hold period which expires on November 28, 2020 and the remaining Shares are subject to a contractual resale hold period which expires on September 1, 2021.About Euro Manganese Inc.Euro Manganese Inc....
Typhoon Closes $135,000 Private Placement
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PIEDMONT, Quebec, Dec. 20, 2019 (GLOBE NEWSWIRE) — Typhoon Exploration Inc. (“Typhoon”), (TSX-V: TYP) announces the closing of a private placement of: $135,000.The private placement consists of issuance of 2,700,000 shares at a price of $0.05 per share, with 2,700,000 share purchase warrants. Each share purchase warrant shall entitle its holder thereof to acquire one additional common share of Typhoon at a price of $0.10 for a period of 12 months from the closing date.No commission will be paid for this private placement.All securities issued pursuant to this private placement are subject to a four month and one day hold period following closing. The private placement is subject to the final approval of the TSX Venture Exchange.Proceeds of the private placement will be applied toward meeting short...