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Year: 2019

Healthcare Special Opportunities Fund Announces December 2019 Quarterly Distribution

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATESTORONTO, Dec. 11, 2019 (GLOBE NEWSWIRE) — (TSX: MDS.UN) – LDIC Inc. (the “Manager”), the manager of Healthcare Special Opportunities Fund (the “Fund”), a closed-end investment fund, today announces the quarterly distribution of CDN$0.05793 per Class A unit and US$0.05625 per Class U unit. The distribution will be paid on or before December 31, 2019 to unitholders of record on December 18, 2019. For further information please contact:Michael B. DecterPresident & Chief Executive OfficerLDIC Inc.Tel: (416) 362-4141Email: decter@ldic.caWebsite: www.ldic.ca

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Geopulse Exploration Announces “DOKT,” Dollar-backed Stablecoin, as Basis of Cannco Financial Ecosystem for Cannabis Companies

Now approved to accept cash deposits represented by DOKT tokensCoin serves as means of exchange for cannabis products and services between industry suppliers and purchasersPartnering custodial trust has created the process to issue, transfer and manage tokens that underpin Cannco financial ecosystemSeparate Canncoin security token allocated to recent investors will be issued upon registration of security token with SECToken allocation notifications have been delivered to participants in 2018 crowd funded offeringLos Angeles, CA, Dec. 11, 2019 (GLOBE NEWSWIRE) — via NEWMEDIAWIRE — Geopulse Exploration, Inc. (dba Cannco Brands and Development) (OTCMKTS: GPLS), a blockchain-powered logistics, financial services and promotion solutions development company for the under-serviced cannabis sector, today announced completion of approvals...

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Clearway Energy Operating LLC, a Subsidiary of Clearway Energy, Inc., Announces Expiration and Results of Cash Tender Offer for Its Outstanding 5.375% Senior Notes Due 2024

PRINCETON, N.J., Dec. 11, 2019 (GLOBE NEWSWIRE) —  Clearway Energy Operating LLC (“Clearway Operating”), a subsidiary of Clearway Energy, Inc. (NYSE: CWEN, CWEN.A) (“Clearway Energy”), announced the expiration and results of its previously announced cash tender offer (the “Tender Offer”) to purchase any and all of its outstanding 5.375% senior notes due 2024 (the “2024 Notes”).The Tender Offer expired at 5:00 p.m., New York City time, on December 10, 2019 (the “Expiration Time”). As of the Expiration Time, an aggregate principal amount of $411,947,000, or 82.4%, of the 2024 Notes were validly tendered and not validly withdrawn, which amount excludes $1,015,000 aggregate principal amount of the Notes that remain subject to guaranteed delivery procedures.  Clearway Operating has accepted for payment all 2024 Notes validly tendered...

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Golden Predator Installs All-Season Camp at Brewery Creek Mine; Reduces Start Up Costs

VANCOUVER, British Columbia, Dec. 11, 2019 (GLOBE NEWSWIRE) — Golden Predator Mining Corp. (TSX.V:GPY, OTCQX:NTGSF) (the “Company”) is pleased to announce that the Company has installed its fully owned 49 person all-season camp complete with dorm rooms, an 80 person industrial kitchen, recreational & mud room, and arctic corridors. The camp is in excellent condition and currently on site at the Brewery Creek Mine site located near Dawson City, Yukon.  Importantly, the camp will be added to the current 24 person camp and maintenance/office facilities and will provide all the on-site accommodations required for contemplated development and operational activities at the Brewery Creek Mine.Golden Predator’s Brewery Creek Mine is located 45 minutes from Dawson City, Yukon and the newly installed camp is expected to be sufficient...

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Tango Tango, a FirstNet Certified™ Application and Service Provider, Partners with Siyata Mobile 

MONTREAL, Dec. 11, 2019 (GLOBE NEWSWIRE) — Siyata Mobile Inc. (the “Company” or “Siyata”) (TSX-V:SIM / OTCQX:SYATF) is pleased to announce that Tango Tango, a FirstNet Certified™ Push-to-Talk application and communications service provider, has partnered with Siyata to offer the Uniden® UV350 dedicated in-vehicle device to its first responder customers in the United States.Tango Tango uses advanced networking, mobile and cloud technologies to leverage LTE and WiFi networks and expand the radio coverage and capabilities of public safety agencies. With the Tango Tango application, smart devices can integrate with any existing radio system, creating seamless interoperability across agencies, regardless of carrier. Tango Tango allows users real-time, two-way communication on any authorized channel, on any device...

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Pacific Mercantile Bank Provides Financing to Mako Steel

COSTA MESA, Calif., Dec. 11, 2019 (GLOBE NEWSWIRE) — Pacific Mercantile Bank (“the Bank”), the wholly owned subsidiary of Pacific Mercantile Bancorp (NASDAQ: PMBC), today announced that it has provided a credit facility to Mako Steel.  The credit facility supplements the recent investment in Mako Steel made by New State Capital Partners, as well as provides for ongoing working capital needs.  In addition to the financing, Mako Steel utilizes a full suite of Pacific Mercantile Bank’s depository products and treasury management services.Founded in 1993, Mako Steel designs, supplies, and installs steel buildings for the self-storage industry.  Their services include the design and construction of single-story, multi-story, conversions, custom buildings, auto, boat, & RV storage, building components, container storage, engineering...

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Gencor Releases Fourth Quarter and Fiscal Year 2019 Results

ORLANDO, Fla., Dec. 11, 2019 (GLOBE NEWSWIRE) — Gencor Industries, Inc., (NASDAQ: GENC) announced today net revenue for the quarter ended September 30, 2019 decreased 29.5% to $14.5 million compared to $20.5 million for the quarter ended September 30, 2018.  Gross profit as a percentage of net revenue decreased to 19.6% for the quarter ended September 30, 2019 from 31.8% for the quarter ended September 30, 2018. Gross profit in the fourth quarter of fiscal 2019 was negatively impacted due to the lower net revenues and reduced overhead absorption.    Operating loss for the quarter ended September 30, 2019 was ($0.5) million compared to operating income of $3.5 million for the quarter ended September 30, 2018. The Company had non-operating income of $0.6 million for the quarter ended September 30, 2019 compared to $1.2 million for the...

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Chorus Aviation announces exercise in full and closing of over-allotment option in connection with bought deal offering of 5.75% Senior Unsecured Debentures

Delivering regional aviation to the worldNOT FOR DISTRIBUTION IN THE UNITED STATES OR OVER UNITED STATES WIRE SERVICESHALIFAX, Nova Scotia, Dec. 11, 2019 (GLOBE NEWSWIRE) — Chorus Aviation Inc. (‘Chorus’) (TSX: CHR) is pleased to announce that the underwriters of its offering of 5.75% senior unsecured debentures (the ‘Debentures’) exercised in full their over-allotment option resulting in the issue of an additional $11,250,000 aggregate principal amount of Debentures, bringing the total offering to $86,250,000 aggregate principal amount of Debentures.The net proceeds of the offering will be used to fund the growth of Chorus Aviation Capital (Chorus’ aircraft leasing business), including the acquisition of aircraft intended for or currently on lease to third parties, as well as for working capital requirements and other...

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Chorus Aviation annonce l’exercice intégral de l’option de surallocation dans le cadre d’un placement par prise ferme de débentures non garanties de rang supérieur à 5,75 % et la clôture du placement

Offrir l’aviation régionale au monde entierDISTRIBUTION INTERDITE AUX ÉTATS‑UNIS OU AUX FILS DE PRESSE AMÉRICAINSHALIFAX, Nova Scotia, 11 déc. 2019 (GLOBE NEWSWIRE) — Chorus Aviation Inc. (« Chorus ») (TSX : CHR) a le plaisir d’annoncer que les preneurs fermes dans le cadre du placement de débentures non garanties de rang supérieur à 5,75 % (les « débentures ») ont exercé intégralement leur option de surallocation, ce qui a donné lieu à l’émission de débentures supplémentaires d’un capital total de 11 250 000 $ et à un placement total de débentures d’un capital totalisant 86 250 000 $.Le produit net tiré du placement sera affecté au financement de la croissance de Chorus Aviation Capital (entreprise de location d’appareils de Chorus), y compris l’acquisition d’appareils qui doivent ou sont actuellement loués à des tiers, ainsi qu’aux...

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Acuity Brands Introduces the Renna Rectilinear Luminaires from Peerless for Architectural Spaces

Atlanta, Dec. 11, 2019 (GLOBE NEWSWIRE) — Acuity Brands, Inc. (NYSE: AYI) introduced Renna™ luminaires from Peerless®, an innovation in rectilinear lighting combining superior technology in a sleek minimalist design for complementing architectural or commercial spaces. The luminaire earned top recognition from the LFI Innovation Awards® in 2019, one of the lighting industry’s most prestigious award programs, for overall Design Excellence and Best of Category for Commercial Indoor.“We are excited to launch Renna luminaires from Peerless, adding more design, control and connectivity options to a renowned architectural lighting brand,” said Tim O’Brien, Acuity Brands Lighting Vice President and General Manager Architectural Business Unit. “Renna luminaires are flexible, scalable and include emergency lighting support options....

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