Year: 2019

Security Federal Corporation Completes Private Placement of $30 Million of Subordinated Notes

Written by Customer Service on November 22, 2019. Posted in Public Companies.

AIKEN, S.C., Nov. 22, 2019 (GLOBE NEWSWIRE) — Security Federal Corporation (OTCBB:SFDL) (the “Company”), the holding company for Security Federal Bank (“Bank”), announced today that it has completed a private placement of $30 million in aggregate principal amount of fixed-to-floating rate subordinated notes (the “Notes”) to certain institutional investors.$17.5 million of the Notes (the “10-Year Notes”) are non-callable for five years, have a stated maturity of November 22, 2029, and bear interest at a fixed rate of 5.25% per year, from and including November 22, 2019, to, but excluding November 22, 2024. From and including November 22, 2024, to the maturity date or early redemption date, the interest rate for the 10-Year Notes will reset semi-annually to a level equal to the then-current three-month LIBOR rate plus 369 basis points.$12.5...

SYNTHESIS ENERGY SYSTEMS ANNOUNCES RECEIPT OF ANTICIPATED NASDAQ NOTICE OF ADDITIONAL DELIQUENCY

Written by Customer Service on November 22, 2019. Posted in Public Companies.

HOUSTON, Nov. 22, 2019 (GLOBE NEWSWIRE) — Synthesis Energy Systems, Inc. (SES) (Nasdaq: SES) today announced that, as expected, the Company received an additional delinquency notification letter from the Listing Qualifications Staff (the Staff) of The Nasdaq Stock Market LLC due to the Company’s continued non-compliance with Nasdaq Listing Rule 5250(c)(1), (the Rule) as a result of the Company’s failure to timely file its Quarterly Report on Form 10-Q for the quarter ended September 30, 2019. As previously disclosed, the Company earlier received notice from the Staff regarding its non-compliance with the Rule following the Company’s delay in the filing of its Annual Report on Form 10-K for the fiscal year ended June 30, 2019 and its non-compliance with the minimum stockholders’ equity requirement under Nasdaq Listing Rule 5550(b)(1).The...

Blue Capital Declares Special Distribution

Written by Customer Service on November 22, 2019. Posted in Public Companies.

HAMILTON, Bermuda, Nov. 22, 2019 (GLOBE NEWSWIRE) — Blue Capital Reinsurance Holdings Ltd. (NYSE:BCRH); (“Blue Capital”) has declared a special distribution of $0.57 per common share, which is payable on December 20, 2019 to holders of record as of December 6, 2019.About Blue CapitalBlue Capital Reinsurance Holdings Ltd., is currently winding down its operations. The Company, through its operating subsidiaries, previously offered collateralized reinsurance in the property catastrophe market, leveraging underwriting expertise and infrastructure from established resources. Underwriting decisions, operations and other management services are provided to the Company by Blue Capital Management Ltd., a subsidiary of Sompo International Holdings Ltd. (a wholly owned subsidiary of Sompo Holdings, Inc.), a recognized global specialty...

NORTHWEST INDIANA BANCORP ANNOUNCES FOURTH QUARTER DIVIDEND

Written by Customer Service on November 22, 2019. Posted in Public Companies.

MUNSTER, Ind., Nov. 22, 2019 (GLOBE NEWSWIRE) — NorthWest Indiana Bancorp, the parent company for Peoples Bank, today announced that the Board of Directors of the Bancorp declared a dividend of $0.31 per share payable on January 7, 2019, with a record date of December 27, 2019.About NorthWest Indiana BancorpNorthWest Indiana Bancorp is a locally managed and independent financial holding company headquartered in Munster, Indiana, whose activities are primarily limited to holding the stock of Peoples Bank. Peoples Bank provides a wide range of personal, business, electronic and wealth management financial services from its 22 locations in Lake and Porter Counties in Northwest Indiana and South Chicagoland. NorthWest Indiana Bancorp’s common stock is quoted on the OTC Pink Marketplace and the OTC Bulletin Board under the symbol NWIN....

Hemostemix Announces Director Resignation

Written by Customer Service on November 22, 2019. Posted in Public Companies.

CALGARY, Alberta, Nov. 22, 2019 (GLOBE NEWSWIRE) — Hemostemix Inc. (“Hemostemix” or the “Company”) (TSX VENTURE: HEM; OTCQB: HMTXF), a biotechnology company focused on developing and commercializing innovative blood-derived stem cell therapies for medical conditions not adequately addressed by current treatments, announces the resignation of Mr. Don Friesen from the Company’s board of directors (“the “Board”) effective November 21, 2019. The Company would like to thank Mr. Friesen for his contributions and wishes him well in his future endeavors.Pursuant to TSX Venture Exchange (“TSXV”) policies and the Company’s articles of incorporation and by-laws, the Company is required to have a minimum of three directors. As a result of the resignation of Mr. Friesen, the Company has two remaining directors, Mr. Angus Jenkins and Mr. David...

Pacific Mercantile Bancorp Appoints Manish Dutta to Board of Directors

Written by Customer Service on November 22, 2019. Posted in Public Companies.

COSTA MESA, Calif., Nov. 22, 2019 (GLOBE NEWSWIRE) — Pacific Mercantile Bancorp (Nasdaq: PMBC, the “Company”), the holding company of Pacific Mercantile Bank (the “Bank”), a wholly owned banking subsidiary, today announced the appointment of Manish Dutta to the board of directors of both Pacific Mercantile Bancorp and Pacific Mercantile Bank. Mr. Dutta has over 22 years of experience in the investment management industry, with a focus on business operations, technology, strategic planning and implementing complex and scalable solutions. Mr. Dutta is the Co‑Founder and Chief Executive Officer of Alpha Ledger Technologies, a company which leverages distributed ledger technology to connect all people to fundamental positive impact municipal investment opportunities that strengthen communities and improve quality of life. Mr. Dutta...

QEP Resources Completes Redemption of Its 6.8% Senior Notes Due 2020

Written by Customer Service on November 22, 2019. Posted in Public Companies.

DENVER, Nov. 22, 2019 (GLOBE NEWSWIRE) — QEP Resources, Inc. (NYSE:QEP) (QEP or the Company) today announced that it completed its previously announced redemption of its 6.8% Senior Notes due 2020 (the “2020 Notes”) in the aggregate principal amount of $51.8 million. The 2020 Notes were redeemed at a redemption price equal to 101.287% of the principal amount thereof, plus accrued and unpaid interest up to, but not including, November 22, 2019.About QEP Resources, Inc.QEP Resources, Inc. (NYSE: QEP) is an independent crude oil and natural gas exploration and production company focused in two regions of the United States: the Southern Region (primarily in Texas) and the Northern Region (primarily in North Dakota). For more information, visit QEP’s website at: www.qepres.com.Forward-Looking StatementsThis release includes forward-looking...

Press release: Orange completes the sale of Orange Niger to Zamani Com S.A.S.

Written by Customer Service on November 22, 2019. Posted in Mergers And Acquisitions.

Press ReleaseParis, 22 November 2019Orange completes the sale of Orange Niger to Zamani Com S.A.S.Today, in line with the agreement signed in August 2019 between Orange MEA S.A. and the minority shareholders of Orange Niger S.A., and following approval by the relevant authorities, Orange MEA S.A. completed the sale of its entire 95.5% stake in Orange Niger to Zamani Com S.A.S. Zamani Com S.A.S. is wholly owned by Mr Mohamed Rissa of Rimbo Invest and Mr Moctar Thiam of Greenline Communications, both minority shareholders of Orange Niger.The company’s services will continue to be marketed under the Orange brand during a transition period.The Africa and Middle East region remains a strategic priority for the Orange Group. However, the market environment in Niger has led Orange to make this decision responsibly, prioritising business continuity...

Communiqué : Orange finalise la cession d’Orange Niger à Zamani Com S.A.S.

Written by Customer Service on November 22, 2019. Posted in Mergers And Acquisitions.

Communiqué de presseParis, le 22 novembre 2019Orange finalise la cession d’Orange Niger à Zamani Com S.A.S.Conformément à l’accord signé en août 2019 entre Orange MEA S.A. et les actionnaires minoritaires de la société Orange Niger S.A., et suite à l’approbation des autorités compétentes, Orange MEA S.A. a finalisé aujourd’hui la cession de l’intégralité de sa participation de 95,5 % dans Orange Niger à Zamani Com S.A.S. La société Zamani Com S.A.S. est détenue à 100 % par Rimbo Invest de Monsieur Mohamed Rissa et Greenline Communications de Monsieur Moctar Thiam, tous deux actionnaires minoritaires de la société Orange Niger.Les services de l’entreprise continueront d’être commercialisés sous la marque Orange pendant une période de transition.La région Afrique et Moyen Orient reste une priorité stratégique pour le Groupe Orange. Toutefois,...

Integer Announces Participation in the 31st Annual Piper Jaffray Healthcare Conference

Written by Customer Service on November 22, 2019. Posted in Public Companies.

PLANO, Texas, Nov. 22, 2019 (GLOBE NEWSWIRE) — Integer Holdings Corporation (NYSE:ITGR), a leading medical device outsource manufacturer, today announced that Joseph Dziedzic, president and CEO, Jason Garland, executive vice president and CFO, and Tony Borowicz, senior vice president, strategy, corporate development and investor relations will present at the 31st Annual Piper Jaffray Healthcare Conference on Thursday, December 5, 2019, at 8:50 a.m. (Eastern Time) at the Lotte New York Palace Hotel in New York.The presentation will be accessible via a live webcast at:https://event.webcasts.com/starthere.jsp?ei=1274019&tp_key=e7472ac50dThe webcast replay will be available approximately two hours after the live webcast ends and will be accessible for 90 days following the conference at http://investor.integer.net. About Integer™ ...

Year: 2019

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