Day: December 23, 2019

All financial figures are in Canadian dollars  CALGARY, Alberta, Dec. 23, 2019 (GLOBE NEWSWIRE) — The decision to increase Suncor’s share repurchase program was previously announced on November 13, 2019. Today, Suncor received approval from the Toronto Stock Exchange (TSX) to amend its existing normal course issuer bid (the NCIB) effective as of the close of markets on December 27, 2019 to purchase common shares through the facilities of the TSX, New York Stock Exchange and/or alternative trading platforms. The notice provides that Suncor may increase the maximum number of common shares that may be repurchased in the period beginning May 6, 2019 and ending May 5, 2020 from 50,252,231 shares, or approximately 3% of Suncor’s issued and outstanding common shares as at April 30, 2019, to 78,549,178, or 5% of Suncor’s...

Tous les montants sont en dollars canadiens CALGARY, Alberta, 23 déc. 2019 (GLOBE NEWSWIRE) — La décision d’augmenter le programme de rachat d’actions de Suncor a été annoncée précédemment le 13 novembre 2019. Aujourd’hui, Suncor a obtenu l’approbation de la Bourse de Toronto (TSX) de modifier son offre publique de rachat dans le cours normal des activités (l’OPRCNA), en vigueur à la fermeture des marchés le 27 décembre 2019, pour acheter des actions ordinaires par l’intermédiaire de la TSX, de la Bourse de New York ou d’autres plateformes de négociation. La demande prévoit que Suncor peut augmenter le nombre maximal d’actions ordinaires qui peuvent être rachetées...

TORONTO, Dec. 23, 2019 (GLOBE NEWSWIRE) — ThreeD Capital Inc. (the “Company”) (CSE:IDK), a Canadian-based venture capital firm focused on investments in promising, early stage companies and ICOs with disruptive capabilities, is pleased to announce that it has acquired 3,000,000 units (the “Units”) of St-Georges Eco-Mining Corp. (“St-Georges”) at a price of $0.10 per Unit. In consideration, the Company has issued an aggregate of 5,000,000 common shares of the Company at a deemed price of $0.05 per common share (the “Offering”) and made a cash payment in the amount of $50,000. Each Unit of St-Georges consists of one common share (the “Share”) of St-Georges and one share purchase warrant (the “Warrant”) of St-Georges, with each Warrant being exercisable to...

VANCOUVER, British Columbia, Dec. 23, 2019 (GLOBE NEWSWIRE) — Omni Commerce Corp. (TSXV: OMNI, FRA: 0MZA) (“Omni” or the “Company“) announces the appointment of Peter Clausi as the interim Chief Executive Officer and President of the Company, effective December 20, 2019.Mr. Clausi, B.A., J.D., is an experienced lawyer, investment banker, shareholder rights activist and public company executive.  He is currently the Chief Executive Officer of GTA Financecorp Inc. (formerly, GTA Resources and Mining Inc.), Chief Executive Officer of CBLT Inc. (cobalt, gold and copper across Canada), an independent director and audit committee member of Camrova Resources Inc. (minority interest in producing copper and cobalt mine in Mexico) and an independent director of Searchlight Resources Inc. (polymetallic properties...

BUENA, N.J., Dec. 23, 2019 (GLOBE NEWSWIRE) — Teligent, Inc. (NASDAQ: TLGT), a New Jersey-based specialty generic pharmaceutical company, today announced its development partner has received a Complete Response Letter (CRL) from the U.S. Food and Drug Administration (FDA) for its abbreviated new drug application (ANDA) for its first complex drug indicated for an orphan disease population.  In the letter, the FDA requested further information and raw data to support the ANDA.“This latest response from the FDA is unexpected given the time and opportunity that the FDA had to request the information during the ANDA’s active review. Our development partner has assured us that they have the available data and the ability to respond to the FDA’s request expeditiously. We and our development partner will be in active...

VANCOUVER, British Columbia, Dec. 23, 2019 (GLOBE NEWSWIRE) — Rockridge Resources Ltd. (TSX-V: ROCK) (“Rockridge” or the “Company”) announces that it has completed a non-brokered private placement financing for total gross proceeds of $1,041,430.10 (the “Private Placement”). The Company has issued 3,210,000 units (the “Units”) at a price of CAD $0.125 per Unit and 4,572,715 flow-through units (the “FT Units”) at a price of CAD $0.14 per FT Unit. A strategic institutional investor provided the lead order in the Private Placement.Each Unit is comprised of one common share and one-half of one warrant. Each FT Unit is comprised of one flow-through common share and one-half of one warrant. Each whole warrant (“Warrant”) will entitle the holder to purchase one additional...

SAN JOSE, Calif., Dec. 23, 2019 (GLOBE NEWSWIRE) — Hawaii Water Service (Hawaii Water), a subsidiary of California Water Service Group (NYSE: CWT), announced today that it has entered into an agreement with Maui Land and Pineapple Company to acquire its Kapalua Water Company water utility assets and Kapalua Waste Treatment Company wastewater utility assets, and to provide water and wastewater utility service to its approximately 1,000 service connections in the Kapalua Maui resort, subject to certain closing conditions including completion of diligence and Hawaii Public Utilities Commission approval.Maui Land and Pineapple Company, through its two subsidiaries, Kapalua Water Company and Kapalua Waste Treatment Company, owns and operates the potable water, non-potable water and wastewater systems that serve homes, hotels, condominiums,...

KOKOMO, Ind., Dec. 23, 2019 (GLOBE NEWSWIRE) — Haynes International, Inc. (NASDAQ GM: HAYN), a leading developer, manufacturer and marketer of technologically advanced high-performance alloys, primarily for use in the aerospace industry and other industrial applications (the “Company”), announced today that the Board of Directors of the Company voted to elect General Larry O. Spencer, USAF (Ret.) as a member of the Board of Directors, effective January 1, 2020.  The Board of Directors also announced that John C. Corey, a member of the Board, has announced his intent to retire from the Board on February 25, 2020 coincident with the Company’s annual general meeting of stockholders and in adherence to the Company’s retirement age guideline for directors.     General Spencer spent 44 years...

VANCOUVER, British Columbia, Dec. 23, 2019 (GLOBE NEWSWIRE) — Southstone Minerals Limited (“Southstone” or the “Company”) (TSX.V – SML) is pleased to announce results of the audited financial statements for the Financial Year ending 31 August 2019. Southstone`s strategic focus on its diamond operations, in particular the Company’s flagship asset, the Oena Diamond Mine, South Africa, resulted in a diamond production increase of 76% to 1,694.50 carats during the 2019 Financial Year (2018: 961.90 carats), which sold for an average of US$1,664 (2018: US$1,462). The Oena Diamond Mine continues to improve operationally, produce very high-quality diamonds and notably 26 diamonds produced exceeded 10 carats in size and sold for an average price of US$4,109 per carat.Turnover from the Kwena Group operations...

BIRMINGHAM, Ala., Dec. 23, 2019 (GLOBE NEWSWIRE) — ServisFirst Bancshares, Inc. (NASDAQ: SFBS) is scheduled to announce earnings and operating results for the quarter and year ended December 31, 2019 on January 21, 2020 at 4 p.m. ET.  The news release will be available at www.servisfirstbancshares.com.ServisFirst Bancshares, Inc. will host a live audio webcast to discuss earnings and results on Tuesday, January 21, 2020 beginning at 5:15 p.m. ET.  The audio webcast can be accessed at www.servisfirstbancshares.com.  A replay of the call will be available until January 31, 2020.About ServisFirst Bancshares, Inc.ServisFirst Bancshares, Inc. is a bank holding company based in Birmingham, Alabama. Through its subsidiary ServisFirst Bank, ServisFirst Bancshares, Inc. provides business and personal financial services from...