Day: December 24, 2019

Ethema signs a non-binding letter of intent to acquire a majority interest in an addiction treatment company with $3.6 million of EBITDAWest Palm Beach, FL, Dec. 24, 2019 (GLOBE NEWSWIRE) — via NEWMEDIAWIRE — Ethema Health Corporation (OTCQB: GRST) (“Ethema” “GRST” or the “Company”), a provider of healthcare services, has announced that it has signed a non-binding Letter of Intent to acquire a majority interest in an addiction treatment company.  The acquisition target will have approximately $20 million in revenue for 2019 and an EBITDA of $3.6 Million.  Under the terms of the LOI the Company would be required to enter into a binding agreement by February 29, 2020 and be closed by April 30, 2020.  The purchase price will be determined during the due diligence process...

TEL AVIV, ISRAEL, Dec. 24, 2019 (GLOBE NEWSWIRE) — Ability Inc. (Nasdaq: ABIL) (the “Company”), a leading provider of innovative tactical communications intelligence solutions, today announced that it received a letter, dated December 23, 2019, from the Nasdaq Hearings Panel of The Nasdaq Stock Market LLC informing the Company that the Panel has determined to delist the Company’s ordinary shares from the Nasdaq and will suspend trading in the shares effective at the open of business on December 26, 2019.As previously announced, on November 6, 2019, the Nasdaq informed the Company that it did not meet Nasdaq Listing Rule 5550(b) for continued listing on the Nasdaq Capital Market, which requires the Company to have a minimum of $2,500,000 in stockholders’ equity or market value of listed securities of $35 million...

Company to Fund Water Technology Through Gas RoyaltiesPHOENIX, AZ, Dec. 24, 2019 (GLOBE NEWSWIRE) — Taronis Technologies, Inc., (“Taronis” or “the Company”) (NASDAQ: TRNX), a sustainability technologies company, announced that the Company has voluntarily terminated the previously announced $25 million Series H convertible preferred equity transaction. This transaction was scheduled to close subject to shareholder approval at the upcoming shareholder meeting in late January 2020. The annual shareholder meeting will also be postponed until later in 2020 as a result of the Series H termination.“We have determined that it is in the best interest of shareholders to focus on spending the royalty income due to Taronis by our previous subsidiary, Taronis Fuels, instead of raising capital at this time,”...

EAST HANOVER, New Jersey, Dec. 24, 2019 (GLOBE NEWSWIRE) — via NEWMEDIAWIRE — SilverSun Technologies, Inc. (NASDAQ: SSNT), a national provider of transformational business technology solutions and services, today announced that its Board of Directors has declared a special cash dividend on the Company’s common stock of $0.50 per share. The record date will be January 7, 2020, and the payment date will be January 14, 2020. “As we continue to execute on our business plan, we believe this special cash dividend is an appropriate way to reward our shareholders for their support,” commented Mark Meller, Chairman and Chief Executive Officer of the Company. “We are fortunate to be able to share the financial success of the Company with our owners, and look forward to more such distributions in the future,...

HOUSTON, Dec. 24, 2019 (GLOBE NEWSWIRE) — Crown Castle International Corp. (NYSE: CCI) (“Crown Castle”) announced today that Dan Schlanger, Crown Castle’s Chief Financial Officer, is scheduled to present on Tuesday, January 7, 2020 at 4:15 p.m. Eastern Time at the Citi 2020 Global Technology, Media and Telecom West Conference. Mr. Schlanger’s presentation will be broadcast live over the Internet and is expected to last approximately 40 minutes. The live audio webcast link and presentation for the conference will be available on Crown Castle’s website at http://www.crowncastle.com, where it will also be archived for replay.ABOUT CROWN CASTLECrown Castle owns, operates and leases more than 40,000 cell towers and more than 75,000 route miles of fiber supporting small cells and fiber solutions across every...

SALT LAKE CITY, Dec. 24, 2019 (GLOBE NEWSWIRE) — Overstock.com, Inc. (NASDAQ:OSTK) has filed the definitive proxy statement regarding the shareholder vote on changes to its certificate of incorporation to facilitate its previously announced proposed dividend of Digital Voting Series A-1 Preferred Stock (“Series A-1 Preferred”).“With this filing, we are another step closer to the issuance of a dividend of shares of Series A-1 Preferred,” said Overstock CEO Jonathan Johnson. “I continue to look forward to our shareholders’ chance to voice their support for this dividend in February. I am eager for the company to be able to issue the proposed OSTKO Series A-1 Preferred dividend in March.”As previously announced, the company is seeking shareholder approval to change the terms of the Certificates...

VANCOUVER, Wash., Dec. 24, 2019 (GLOBE NEWSWIRE) — Riverview Bancorp, Inc. (Nasdaq GSM: RVSB) (“Riverview” or the “Company”) today announced its Board of Directors approved an increase in its quarterly cash dividend to $0.05 per share.  The dividend will be payable January 21, 2020, to shareholders of record on January 9, 2020. Based on the current share price, the annualized dividend yield is 2.42%. About Riverview

VANCOUVER, British Columbia, Dec. 24, 2019 (GLOBE NEWSWIRE) — NexOptic Technology Corp. (“NexOptic” or the “Company”) (TSX VENTURE: NXO) (OTCQB: NXOPF) (FRANKFURT: E3O1) wishes to thank as well as congratulate Bobby Braun, who is resigning from all of his for-profit board appointments in order to join the executive leadership team at NASA’s Jet Propulsion Laboratory in January 2020.“Our Board and our Company have benefited greatly from Bobby’s experience, his leadership, and his passion for innovation and technology,” said NexOptic Chairman Rich Geruson. “We wish him the very best at JPL.”Braun served on NexOptic’s Board since June 2018; his resignation is effective today.“The coming year is the right time for me to get back into aerospace, my first true passion,”...

Reference is made to Electromagnetic Geoservices ASA’s (“EMGS” or the “Company”) financial report for the third quarter of 2019, wherein the Company described delays in the approval and payment of invoices under an on-going acquisition contract in the Americas. Further details regarding the situation, and the potential consequences thereof in the event the Company is not able to resolve it, is set out in the 2019 third quarter financial report.This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act

TORONTO, Dec. 24, 2019 (GLOBE NEWSWIRE) — Silver Bear Resources Plc (“Silver Bear” or the “Company”) (TSX: SBR) announces that it has amended its existing facilities agreement (the “Facilities Agreement”) with Inflection Management Corporation Limited (“Inflection”), a major shareholder of the Company, and Unifirm Limited (“Unifirm”), an affiliate of A.B. Aterra Resources Ltd. (“Aterra”), also a major shareholder of the Company. The amendments to the Facilities Agreement (the “Facilities Agreement Amendments”): (i) provide for two new term loan facility tranches of US$2 million each (“Tranche H” and “Tranche I”) for an aggregate of US$4 million, which will become due and repayable on July 31, 2021; and (ii) extend the first...