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Year: 2019

Giga-tronics Incorporated Announces Effective Date of Previously Announced Reverse Split of Common Stock

DUBLIN, Calif., Dec. 02, 2019 (GLOBE NEWSWIRE) — (OTCQB: GIGA) Giga-tronics Incorporated (the “Company”) announced today that its previously announced 1-for-15 reverse split of its common stock will become effective as of December 12, 2019.  Beginning on December 13, 2019, the Company’s common stock will trade on the OTC market on a split-adjusted basis.John Regazzi, CEO of Giga-tronics commented, “With our third consecutive quarter of profitability and enhanced balance sheet, this reverse split is a natural next step to pursue a national exchange listing.  We look forward to executing on the next chapter of our progress given the attractive growth opportunity for our RADAR/EW business as well as the solid foundation of our sole source RADAR filter business.” At the Company’s annual meeting of shareholders held on September 19,...

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Worthington Industries to Webcast Discussion of Second Quarter 2020 Results on Dec. 17

COLUMBUS, Ohio, Dec. 02, 2019 (GLOBE NEWSWIRE) — Worthington Industries, Inc. (NYSE:WOR) plans to release its second quarter results before the market opens on Tuesday, Dec. 17, 2019.  The Company will webcast a live discussion of these results at 2:00 p.m. ET that afternoon.  The webcast will be available at www.WorthingtonIndustries.com and will be archived for one year. 

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Noront Announces Issuance of Shares

TORONTO, Dec. 02, 2019 (GLOBE NEWSWIRE) — Noront Resources Ltd. (“Noront” or “the Company”) (TSX Venture: NOT) is announcing that it has issued 200,000 units at an issue price of $0.20 per unit in satisfaction of consulting fees. Each unit consists of one common share of the Company and one common share purchase warrant. Each warrant entitles the holder to acquire one common share of the Company at a price of $0.30 until December 2, 2021. The issued shares are subject to a four-month hold period which will expire on April 3, 2020.The Company also entered into an eighth amending agreement dated November 27, 2019 (the “Eighth Amending Agreement”) with its largest shareholder, Resource Capital Fund V L.P. (“RCF V”), to extend the term of its existing US$15 million convertible debenture (the “Convertible Debenture”). Subject to TSX...

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Centerra Gold Provides Update on Waste Rock Dump Movement at Kumtor; Management Conference Call at 4:30 PM (Eastern) December 2, 2019

TORONTO, Dec. 02, 2019 (GLOBE NEWSWIRE) — Centerra Gold Inc. (“Centerra”) (TSX: CG) announced an update on continuing search and rescue operations for its missing employees and on the Lysii Waste Rock Dump movement at the Kumtor MineKumtor’s emergency response personnel are coordinating with search and rescue teams from the Kyrgyz Government Ministry of Emergencies in the search for its missing employees.  The Lysii Waste Rock Dump has now stabilized sufficiently that light equipment is being employed in the search effort.  Centerra’s first priority remains the safe return of its missing employees.Open pit mining operations remain temporarily halted because of the need to focus on search and rescue efforts but also because 100% of the waste rock being mined was to be placed on the Lysii Waste Rock Dump located in the Lysii valley. ...

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CROSSJECT : Précisions sur le statut de PME européenne

Communiqué de PressePrécisions sur le statutde PME européenne Dijon, 2 décembre 2019CROSSJECT (ISIN: FR0011716265; Mnémo: ALCJ), « specialty pharma » qui développe un portefeuille de médicaments combinés innovants dédiés aux situations d’urgence, apporte des précisions sur le statut de PME européenne, suite à sa dernière publication annonçant la convocation des actionnaires à une Assemblée Générale Extraordinaire le 30 décembre prochain.Crossject, en tant que specialty pharma, est en relation permanente avec différents organismes, notamment européens, en matière de dépôts de brevets, de consultation d’agences réglementaires, ou encore de financements publics.A ce titre, la société se conforme notamment au règlement UE 651/2014 de la Commission Européenne du 17 juin 2014 qui détaille les critères à respecter par une PME européenne pour...

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Priority Income Fund Announces Weekly and Bonus Distributions for December 2019 through February 2020

NEW YORK, Dec. 02, 2019 (GLOBE NEWSWIRE) — Priority Income Fund, Inc. (“Priority Income Fund” or the “Fund”) announced today its weekly cash shareholder base distributions at an annualized rate of 8.0%1 for distributions from December 6, 2019 through February 28, 2020. These series of distributions will have weekly record dates and will be payable monthly to the stockholders of record as of the close of business each week. The declared distributions equal a weekly amount of $0.02330 per share of common stock.Distributions for the December 6, 13, 20, and 27 record dates will be paid on or around December 30, 2019.Distributions for the January 3, 10, 17, 24, and 31 record dates will be paid on or around February 3, 2020.Distributions for the February 7, 14, 21, and 28 record dates will be paid on or around March...

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Arizona Metals Corp Announces Receipt of Drill Permit for a Fully-Funded 6,000 Metre Surface Exploration Program at its Kay Mine VMS Project in Arizona

TORONTO, Dec. 02, 2019 (GLOBE NEWSWIRE) — Arizona Metals Corp. (TSX.V:AMC) (the “Company” or “Arizona Metals”) is pleased to announce that it has received approval from the Bureau of Land Management (BLM) to undertake a fully-funded 6,000m surface drilling program at its Kay Mine VMS project, located in Yavapai County, Arizona. Work is currently underway to rehabilitate the historic drill roads and pads used by Exxon Minerals (“Exxon”) during the 1970s and 1980s. The Company has engaged Boart Longyear Drilling Services to undertake the drill program and International Directional Services LLC to provide directional drilling services.SRK Consulting Inc, was engaged in October 2019 to complete a review of the Kay Mine historic data, with a final report anticipated to be received in December 2019. The purpose of the SRK review is to...

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TKK Symphony Acquisition Corporation Announces Further Extension of Expiration Date of Tender Offer for its Ordinary Shares

Beijing, Dec. 02, 2019 (GLOBE NEWSWIRE) —  TKK Symphony Acquisition Corporation (Nasdaq: TKKS) (“TKK” or the “Company”) today announced that it has further extended the expiration date of its previously announced tender offer to purchase up to 25,000,000 ordinary shares at a purchase price of $10.26 per share in cash. The offer is being made in connection with the Company’s previously announced merger with Glory Star New Media Group Limited, a Cayman Islands exempted company. As amended, the tender offer will now expire at 5:00 p.m. New York City time, on Monday, December 16, 2019, unless further extended or earlier terminated.Continental Stock Transfer & Trust Company, the depositary for the tender offer, has advised TKK that, as of 12:00 p.m., New York City time, on Monday, December 2, 2019, an aggregate of 21,066,888 ordinary...

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Verizon to speak at Wells Fargo TMT Summit December 3

LAS VEGAS, Dec. 02, 2019 (GLOBE NEWSWIRE) — Adam Koeppe, senior vice president of network strategy and planning for Verizon (NYSE, Nasdaq: VZ), is scheduled to speak at the 2019 Wells Fargo TMT Summit on Tuesday, December 3, at 2:25 p.m. ET in Las Vegas. His remarks will be webcast, with access instructions available on Verizon’s Investor Relations website, www.verizon.com/about/investors/.Verizon Communications Inc. (NYSE, Nasdaq: VZ), headquartered in New York City, generated revenues of $130.9 billion in 2018. The company operates America’s most awarded wireless network and the nation’s premier all-fiber network, and delivers integrated solutions to businesses worldwide. With brands like Yahoo, TechCrunch and HuffPost, the company’s media group helps consumers stay informed and entertained, communicate and transact, while creating...

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VMware Recognized as a Leader in November 2019 Gartner Magic Quadrant for Hyperconverged Infrastructure

PALO ALTO, Calif., Dec. 02, 2019 (GLOBE NEWSWIRE) — VMware, Inc. (NYSE: VMW) today announced that the company is positioned furthest on the completeness of vision axis in Gartner’s Inc.’s November 2019 Magic Quadrant for Hyperconverged Infrastructure. According to Gartner, a Gartner Magic Quadrant is “a culmination of research in a specific market, giving you a wide-angle view of the relative positions of the market’s competitors.” In addition, VMware is also in the Leaders quadrant of the report based on the ability to execute axis.“We believe our placement as a Leader and our positioning furthest for completeness of vision reflects our continued efforts to deliver trusted, enterprise-grade HCI solutions to customers,” said John Gilmartin, senior vice president and general manager, HCI Business Unit, VMware. “More than 20,000 customers...

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