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Year: 2019

Marathon Patent Group Announces Results of Annual Meeting of Stockholders

LAS VEGAS, Nov. 18, 2019 (GLOBE NEWSWIRE) — Marathon Patent Group, Inc. (NASDAQ:MARA) (“Marathon” or “Company”), today announced that on November 15, 2019, the Company held an annual meeting of stockholders (the “Meeting”).  As of the record date for the Meeting, 7,853,461 shares of common and preferred stock were issued and outstanding. A total of 4,956,738 shares of common and preferred stock, constituting a quorum, were present and accounted for at the Meeting. At the Meeting, the Company’s stockholders approved the following proposals:(i) Approval of issuance of shares over 19.99%. The share issuance was approved, and the votes were cast as follows:(ii) The reelection of each of the Class II following current directors of the Company, who were candidates for reelection. The directors were reelected, and...

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BRP Group, Inc. to Report Third Quarter 2019 Results on Monday, December 2, 2019

TAMPA, Fla., Nov. 18, 2019 (GLOBE NEWSWIRE) — BRP Group, Inc. (“BRP” or the “Company”) (NASDAQ: BRP), a rapidly growing independent insurance distribution firm delivering tailored insurance and risk management insights and solutions, announced today that it will report its third quarter 2019 financial results after the market closes on Monday, December 2, 2019.The company will hold a conference call to discuss results at 5:00 PM ET on that day. The dial-in number for the conference call is (877) 451-6152 (toll-free) or (201) 389-0879 (international). Please dial the number 10 minutes prior to the scheduled start time.  A live webcast of the conference call will also be available on BRP’s investor relations website at ir.baldwinriskpartners.com.   A replay will be available following the end of the call through Monday, December 16,...

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GCP Applied Technologies Files Patent Infringement Lawsuit

CAMBRIDGE, Mass., Nov. 18, 2019 (GLOBE NEWSWIRE) — GCP Applied Technologies Inc. (NYSE: GCP), a leading global provider of construction products technologies, announced that it has filed a patent infringement lawsuit against AVM Industries, Inc. (“AVM”) in the United States District Court for the Central District of California.  In the complaint, GCP alleges that AVM’s unauthorized use and sale of waterproofing membranes such as Aussie Skin® 550 and Aussie Skin® 560, which are imported from China, has infringed and continues to infringe GCP’s U.S. Patent No. 8,713,879, entitled “Waterproofing Membrane.”  The lawsuit seeks injunctive relief against further infringement, as well as damages and attorney’s fees in amounts to be determined at trial.  Copies of the filing and other documents related to the lawsuit are available via registration...

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Quest Solution Announces Name Change to OMNIQ Corp. and Reverse Stock Split

Reverse split undertaken with the intent to uplist to a national securities exchangeNew name better expresses Company’s heightened focus on enhancing leadership position as AI-Machine vision solutions providerSALT LAKE CITY, Nov. 18, 2019 (GLOBE NEWSWIRE) — Quest Solution, Inc. (OTCQB: QUES) (“Quest” or “the Company”), announced that it has changed its corporate name to OMNIQ Corp. to better reflect its evolved business which now includes Artificial Intelligence (AI)-based computer vision solutions.Shai Lustgarten, CEO, commented, “Following our recently announced record $45M in revenue for the nine months ended September 30, 2019 and the successful integration of our state-of-the-art AI-machine vision capabilities acquired thirteen months ago, we believe it makes sense to rebrand at the corporate level under the name OMNIQ, which...

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Skyharbour Announces a Private Placement of Hard and Flow-Through Units

VANCOUVER, British Columbia, Nov. 18, 2019 (GLOBE NEWSWIRE) — Skyharbour Resources Ltd. (TSX-V: SYH) (OTCQB: SYHBF) (Frankfurt: SC1P) (the “Company”) announces that it has arranged a non-brokered private placement of up to 4,000,000 units of the Company (the “Units”) at a price of CAD $0.15 per Unit and up to 3,333,333 flow-through units (the “FT Units”) at a price of CAD $0.18 per FT Unit, for combined total gross proceeds of up to CAD $1,200,000.Each Unit will be comprised of one common share and one warrant (“Warrant”). Each FT Unit will be comprised of one flow-through common share and one-half of one Warrant. Each Warrant will entitle the holder to purchase one additional common share for a period of three (3) years at a price of CAD $0.22 per share. The Company intends to use the proceeds from this private placement for exploration...

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21Vianet Group, Inc. Reports Unaudited Third Quarter 2019 Financial Results

BEIJING, Nov. 18, 2019 (GLOBE NEWSWIRE) — 21Vianet Group, Inc. (Nasdaq: VNET) (“21Vianet” or the “Company”), a leading carrier- and cloud-neutral Internet data center services provider in China, today announced its unaudited financial results for the third quarter ended September 30, 2019. The Company will hold a conference call at 8:00 P.M. on Monday, November 18, 2019, U.S. Eastern Time to discuss the financial results. Dial-in details are provided at the end of this release.Third Quarter 2019 Financial HighlightsNet revenues increased by 12.7% year over year to RMB981.0 million (US$137.2 million).Adjusted EBITDA (non-GAAP) increased by 11.1% year over year to RMB272.5 million (US$38.1 million). Adjusted EBITDA margin was 27.8%, compared to 28.2% in the same period of 2018.Net cash generated from operating...

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Grocery Outlet Holding Corp. Announces the Appointment of Two New Members to Board of Directors

EMERYVILLE, Calif., Nov. 18, 2019 (GLOBE NEWSWIRE) — Grocery Outlet Holding Corp. (NASDAQ: GO) (“Grocery Outlet” or the “Company”), today announced that it has expanded the Company’s Board of Directors to 11 with the appointments of John E. (“Jeb”) Bachman and Mary Kay Haben.Jeb Bachman brings nearly four decades of leadership experience having served in various roles at PriceWaterhouseCoopers (PwC). He is also a boardroom veteran, having served on the Board of Directors of three public companies, including The Children’s Place, WEX Inc. and SCANA Corporation. Mary Kay Haben brings significant knowledge and experience in managing businesses in the consumer packaged goods industry, having served in senior executive positions for the Wm. Wrigley, Jr. Company and Kraft Foods, Inc., as well as on the Boards of The Hershey Company, Bob...

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Copper Lake Announces Closing of Private Placement

TORONTO, Nov. 18, 2019 (GLOBE NEWSWIRE) — Copper Lake Resources Ltd. (TSX-V: CPL, Frankfurt: W0I) (“Copper Lake” or the “Company”) announces the final closing of the non-brokered private placement of units announced on March 14, 2019 (the “Private Placement”) raising a total of $81,000 (the “Offering”).On June 18, 2019, the Company announced the closing of the first tranche of the private placement for aggregate gross proceeds of 81,000 by way of the issuance and sale of 2,300,000 flow-through units (“FT Units”) at a price of $0.025 per FT Unit.  Each FT Unit consists of one flow-through common share and one common share purchase warrant (a “FT Warrant”), with each Warrant being exercisable at $0.05 for two years. In connection with the closing of the Offering, the Company has paid finders’ fees of $4,130...

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DHT Holdings, Inc. announces public secondary offering of DHT common stock by BW Group Limited

HAMILTON, BERMUDA, November 18, 2019 – DHT Holdings, Inc. (NYSE:DHT) (“DHT”) announced today that BW Group Limited (“BW Group”) has commenced a registered underwritten public offering of up to 14,680,880 shares of DHT common stock (“shares”).  DHT will not offer any shares in or receive any proceeds from the offering.  The total number of shares outstanding will not change as a result of this offering. The offering represents up to 10% of the outstanding shares of DHT and, assuming all shares offered are sold, BW Group will hold 34,159,674 shares of DHT, or approximately 23.3% of the outstanding shares of DHT, following the transaction.Pareto Securities AS (the “Manager”) is acting as the underwriter for the offering.  The bookbuilding will commence today, Monday 18 November 2019, at 16:00 EST, and will close no later than Tuesday...

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