Year: 2019

Upon successful conclusion of the merger with Australian Future Energy, SES will increase its ownership in Batchfire from 7.4% to 37.2%Highlights:37.2% of Batchfire shareholders accepted SES’s offer to acquire their shares, exceeding the 25% minimum participation requirementBatchfire owns and operates one of Australia’s largest and lowest-cost thermal coal minesAchieving the additional ownership in Batchfire is part of the merger transactions underway with Australian Future EnergyThe increased Batchfire ownership is expected to strengthen the Company’s operating results and balance sheet in the futureHOUSTON, Dec. 04, 2019 (GLOBE NEWSWIRE) — Synthesis Energy Systems, Inc. (SES) (Nasdaq: SES) today announced the finalization of the pre-emptive rights process that was required to be undertaken, pursuant to the constitution of Batchfire...

SHANGHAI, China, Dec. 04, 2019 (GLOBE NEWSWIRE) — GDS Holdings Limited (“GDS” or the “Company”) (Nasdaq: GDS) today announced that it intends to offer and sell American Depositary Shares (“ADSs”), each representing eight of its Class A ordinary shares, with an aggregate public offering size of approximately US$250 million, subject to market and other conditions, in an underwritten public offering. The underwriters will have a 30-day option to purchase additional ADSs representing an aggregate public offering size of approximately US$37.5 million from GDS. GDS intends to use approximately US$190 million of the net proceeds from this offering to fund a portion of the cash consideration and assumed liabilities for the acquisition of three data centers at a campus located in Shunyi district, Beijing, which we refer to as Beijing 10, Beijing...

WASHINGTON, Dec. 04, 2019 (GLOBE NEWSWIRE) — Regalwood Global Energy Ltd. (NYSE:RWGE) today announced that its board of directors (the “Board”) has determined to redeem all of its outstanding Class A ordinary shares (the “Class A Shares”), effective as of December 16, 2019, because the Company will not consummate an initial business combination within the time period required by its amended and restated memorandum and articles of association (the “Articles”).Pursuant to the Articles, if the Company does not consummate an initial business combination by December 5, 2019, the Company will: (i) cease all operations except for the purpose of winding up, (ii) as promptly as reasonably possible but not more than ten business days thereafter subject to lawfully available funds therefor, redeem 100% of the Class A Shares in consideration...

ATLANTA, Dec. 04, 2019 (GLOBE NEWSWIRE) — SP Plus Corporation (SP+), (Nasdaq: SP), a leading provider of technology-driven mobility solutions for aviation, commercial, hospitality and institutional clients throughout North America, announces the deployment of the Mobile + Parking program in Atlanta, as the first parking operator in the United States to expand its offering of mobile payment options to five apps. Mobile + Parking was developed by the City of Atlanta and ATLPlus, an Atlanta-focused group within SP+’s municipal division that provides the parking enforcement, meter maintenance, collection and processing services for the City.Mobile + Parking launches in December 2019, and offers ATLPlus customers the option of choosing from five mobile parking apps to pay for street parking in Atlanta, including Flowbird, Parkmobile,...

HOUSTON, Dec. 04, 2019 (GLOBE NEWSWIRE) — Mel Payne, Chairman and Chief Executive Officer of Carriage Services, Inc. (NYSE: CSV), stated, “I am excited to announce that we have signed a definitive agreement to acquire Oakmont Memorial Park and Mortuary in Lafayette, California from StoneMor Partners.  We have long known about Oakmont being a uniquely beautiful cemetery, which has a lush mountainside landscape and provides spectacular views of nearby Mount Diablo and Briones Regional Park.  The business was founded in 1956 and serves the East Bay Area including Oakland and many communities in Contra Costa County where we have a group of funeral chapels that offer strong collaboration synergies.  Oakmont is best known for its beautifully designed and constructed high end cemetery projects to satisfy the burial and memorialization...

VANCOUVER, British Columbia, Dec. 04, 2019 (GLOBE NEWSWIRE) — Skyharbour  Resources Ltd. SYH)”>(TSX-V:SYH)  (OTCQB:SYHBF) (Frankfurt:SC1P) (the “Company”) is pleased to announce that its partner company Azincourt Energy Corp. (“Azincourt”) has provided an update on plans for the 2020 winter diamond drilling program at the 25,000+ hectare East Preston Uranium Project, located 50km southeast of Patterson Lake, in the Western Athabasca Basin, northern Saskatchewan, Canada.Preston Uranium Project Map:http://skyharbourltd.com/_resources/maps/SYH-Patterson-Lake.pdfDrill target prioritization has now been completed, based on the compilation of results from the 2019 winter drill program, the 2018 and 2019 ground-based EM and gravity surveys, and property-wide helicopter-borne Versatile Time-Domain Electromagnetic (VTEM™ Max) and magnetic...

SHENZHEN, China, Dec. 05, 2019 (GLOBE NEWSWIRE) — Fangdd Network Group Ltd. (NASDAQ: DUO) (“FangDD” or “the Company”), a leading property technology company in China, today announced its unaudited financial results for the third quarter ended September 30, 2019. Third Quarter 2019 Financial Highlights

DAYTONA BEACH, Fla., Dec. 04, 2019 (GLOBE NEWSWIRE) — Consolidated-Tomoka Land Co. (NYSE American: CTO) (the “Company” or “CTO”) today announced the closing of the sale of approximately 31 acres (the “Unicorp Sale”), for approximately $4.6 million, or approximately $148,000 per acre, to Unicorp National Development, Inc. of Orlando Florida (“Unicorp”). The Unicorp Sale was completed by the venture that acquired the remaining land portfolio from CTO in October of 2019 (the “Land JV”). Pursuant to the Land JV structure, the proceeds from the Unicorp Sale will go to pay the amount of preferred return accrued to CTO’s partner in the Land JV, with the remaining proceeds distributed in accordance with the distribution priority in the applicable operating agreement of the Land JV. CTO has a retained interest in the Land JV.The land parcel...

VICTOR, N.Y., Dec. 04, 2019 (GLOBE NEWSWIRE) — Constellation Brands, Inc. (NYSE: STZ and STZ.B), a leading beverage alcohol company, announced today it will report financial results for its fiscal third quarter ended November 30, 2019, on Wednesday, January 8, 2020, before the open of the U.S. markets. A conference call to discuss the financial results and outlook will be hosted by President and Chief Executive Officer Bill Newlands and Executive Vice President and Chief Financial Officer David Klein at 10:30 a.m. EST, January 8, 2020.The conference call can be accessed by dialing +1-877-673-1771 and entering conference identification number 4297819, beginning at 10:20 a.m. EST. A live, listen-only webcast of the conference call will be available on the company’s website, www.cbrands.com, under the Investors/Events & Presentations...

ALHAMBRA, Calif., Dec. 04, 2019 (GLOBE NEWSWIRE) — EMCORE Corporation (NASDAQ: EMKR – News), a leading provider of advanced Mixed-Signal Optics products that provide the foundation for today’s leading-edge defense systems and high-speed communications network infrastructures, today announced financial results for its fiscal fourth quarter (4Q19) and year ended September 30, 2019 (FY19). Management will host a conference call to discuss financial and business results tomorrow, Thursday, December 5, 2019 at 8:00 a.m. Eastern Time.“Revenue increased to $24.3 million in the fourth fiscal quarter, reflecting the first full quarter of contribution from the SDI acquisition. Together with the continued strength in demand for EMCORE’s Aerospace and Defense products, for the first time this end market represented nearly 60% of...