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Year: 2019

Commerce Split Corp. Capital Share Consolidation

TORONTO, Dec. 12, 2019 (GLOBE NEWSWIRE) — Commerce Split Corp. (the “Company”) announces further details regarding the YCM Capital Share (“Capital Share”) consolidation.In connection with the termination date extension of the Company, an additional retraction right was offered allowing existing shareholders to tender any or all classes of Shares and receive a retraction price based on the November 29, 2019 net asset value per unit. Immediately after the retraction payment on or before December 16, 2019, there will be an unequal number of shares outstanding between the Capital Shares, YCM.PR.A Class I Preferred Shares and YCM.PR.B Class II Preferred Shares.  As outlined in the November 22, 2019 press release, in order to restore an equal amount of shares outstanding for each Class, the Capital Shares will be consolidated at a ratio...

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2019 estimated total dividend of $1.006, Firm Capital Mortgage Investment Corporation announces December estimated special and regular dividend amounting to $0.148 per share

TORONTO, Dec. 12, 2019 (GLOBE NEWSWIRE) — Firm Capital Mortgage Investment Corporation (the “Corporation”) (TSX: FC) announces its monthly cash dividend for December in the amount of $0.078 per share. The Corporation also announces an estimated special year-end cash dividend (the “Special Dividend”) of $0.07 per share. These cash dividends, totaling an estimated $0.148 per share are payable on January 15, 2020, to shareholders of record on December 31, 2019. The precise amount of the Special Dividend will be confirmed prior to the payment date. The estimated Special Dividend recognizes the profit generated by the Corporation exceeds year-to-date dividends paid to shareholders. The Special Dividend is not indicative of future performance.DIVIDEND OVERVIEW 2019Regular monthly cash dividends for 2019 equalled $0.078 per...

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Inscape Announces Fiscal Year 2020 Second Quarter Results

HOLLAND LANDING, Ontario, Dec. 12, 2019 (GLOBE NEWSWIRE) — Inscape (TSX: INQ), a leading designer and manufacturer of furnishings for the workplace, today announced its second quarter financial results ended October 31, 2019.  Sales in the second quarter of fiscal year 2020 were $23.3 million and adjusted EBITDA was $1.0 million.Second Quarter Highlights:Second quarter sales were 7% higher than the same quarter of the previous year. This is the sixth consecutive quarter of year over year growth, excluding sales from an exited business unitFurniture sales for the second quarter are 32% higher than the previous year quarterSales order pipeline remains solid.Gross profit for the second quarter increased to $6.8 million compared to $6.6 million in the previous year quarterSG&A declined by $2.1 million compared to the previous year...

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Euro Sun Closes Second Tranche of Private Placement Financing

NOT FOR RELEASE IN THE UNITED STATES OR TO U.S. NEWS WIRE SERVICESTORONTO, Dec. 12, 2019 (GLOBE NEWSWIRE) — Euro Sun Mining Inc., (TSX: ESM) (“Euro Sun” or the “Company”) is pleased to announce that it has closed its second tranche of a previously announced non-brokered private placement financing of common shares (the “Offering”) for gross proceeds of C$525,000.00 (the “Second Tranche”).Pursuant to the Second Tranche, the Company issued 2,100,000 units of the Company (each a “Unit” and collectively, the “Units”) at a price of C$0.25 per Unit for gross proceeds of C$525,000.00. Each Unit consists of one common share of the Company and one half of a common share purchase warrant (each whole common share purchase warrant, a “Warrant”).  Each Warrant will entitle the holder to acquire one additional Common Share of the Company at an...

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Credicorp Ltd.: Credicorp’s 2020 Quarterly Earnings Releases

Lima, Dec. 12, 2019 (GLOBE NEWSWIRE) — Lima, PERU, December 12th, 2019 – Credicorp Ltd. announces to its shareholders and the market the schedule defined for the issuing of 2020 Quarterly Earnings Releases. This schedule is published in Credicorp’s website: www.credicorpnet.com under section Financials / Conference Calls, Upcoming Events. Any change to this schedule will be communicated through a new Press Release.1Q20 Earnings ReleaseDate for the issuing of Earnings Release Report: Thursday May 7th, 20202Q20 Earnings ReleaseDate for the issuing of Earnings Release Report: Thursday August 6th, 20203Q20 Earnings ReleaseDate for the issuing of Earnings Release Report: Thursday November 5th, 20204Q20 Earnings ReleaseDate for the issuing of Earnings Release Report: Monday February 8th, 2021Credicorp reminds you that:The details of the...

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TM hf. concludes a share capital offering

Today, TM hf. (Trading ID: “TM”) concluded a share capital offering of a total of 93,750,000 new shares in TM which were offered for subscription to investors at ISK 32.0 per share. The share capital offering began on last 9 December and concluded at 17:00 today.  A prospectus pertaining to the share capital offering was published on 4 December 2019.  The offering was managed by Arion Bank hf.A total of 223,802,627 new shares were subscribed for by investors in the share capital offering; 178,145,043 shares in the rights offering by holders of pre-emptive rights and 45,657,584 of new shares in the public offering by general investors.The aggregate proceeds of the offering amount to ISK 3 billion. The purpose of the offering was to finance the payment by TM of a part of the purchase price for Lykill fjármögnun hf. pursuant to a share purchase...

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TM hf. lýkur hlutafjárútboði

TM hf. (Auðkenni: „TM“) lauk í dag útboði á alls 93.750.000 nýjum hlutum í TM sem boðnir voru fjárfestum til áskriftar á genginu 32,0 kr. á hvern hlut. Útboðið hófst þann 9. desember síðastliðinn og lauk útboðstímabilinu í dag kl. 17:00.  Lýsing vegna útboðsins var birt þann 4. desember 2019.  Arion banki hf. var umsjónaraðili útboðsins.Í útboðinu bárust TM áskriftir fjárfesta að alls 223.802.627 nýjum hlutum;  áskrift að samtals 178.145.043 hlutum í forgangsréttarhluta útboðsins og áskrift að samtals 45.657.584 nýjum hlutum í almennum hluta útboðsins.                                                                                                                          Heildarandvirði útboðsins nemur þremur milljörðum króna, en tilgangur útboðsins var að fjármagna greiðslu TM á hluta af kaupverði Lykils fjármögnunar hf., en kaupsamningur...

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W&T Offshore Announces Acquisition of Oil-Weighted Producing Property in the Gulf of Mexico

HOUSTON, Dec. 12, 2019 (GLOBE NEWSWIRE) — W&T Offshore, Inc. (NYSE: WTI) (“W&T” or the “Company”) announced today that it has completed an oil-weighted producing property acquisition from ConocoPhillips which is comprised of a 75% working interest in and operatorship of the Magnolia Field in the central region of the deepwater Gulf of Mexico (“GOM”), offshore Louisiana, at Garden Banks blocks 783 and 784 for $20.0 million, and the assumption of all abandonment obligations associated with the properties, as of the effective date of October 1, 2019, subject to normal and customary adjustments. Key highlights of the transaction include:Adds net proved reserves of 4.1 million barrels of oil equivalent (“Boe”) of which 73% are proved developed producing and 67% are oil and 5% natural gas liquids (“NGLs”) as of the effective...

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Monterey Minerals Announces Appointment to the Board of Directors

TORONTO, Dec. 12, 2019 (GLOBE NEWSWIRE) — Monterey Minerals Inc. (the “Company” or “Monterey”) (CSE: MREY) is pleased to announce the appointment of David Lees to the Company’s Board of Directors.Mr. Lees has over 20 years’ experience in the financial services industry, beginning his career as a stockbroker before moving into investment and funds management, with a primary focus on natural resources.  These roles have given Mr. Lees extensive experience with capital raising, business development, portfolio management, business relationships and corporate governance.  He currently serves as a non-executive director of ASX-listed Sultan Resources Ltd. (ASX: SLZ).  David’s education qualifications include a Bachelor of Economics and post graduate diploma in Applied Finance and Investment.  Mr. Lees has assumed the role of Chairman of...

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Valneva Appoints MVM Partner Thomas Casdagli to its Supervisory Board

Saint-Herblain (France), December 12, 2019 – Valneva SE (“Valneva” or “the Company”) today announced the appointment of MVM Partner Thomas Casdagli to its Supervisory Board. Mr. Casdagli is replacing Dr. Bali Muralidhar as MVM Partners LLP representative.  Based in the UK and the US, leading healthcare investor MVM Partners is one of Valneva’s largest shareholders. MVM acquired 7.5% of Valneva’s ordinary share capital in 2016 and has subsequently increased its stake to 8.7%.Thomas Casdagli joined MVM Partners in 2002 and has 17 years experience in investing in innovative life science companies. Before joining MVM, he qualified as a chartered accountant with PricewaterhouseCoopers’ Private Equity and Venture Capital practice. Thomas Casdagli has an MBioch in Molecular and Cellular Biochemistry from Oxford University and is currently a...

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