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Day: February 6, 2020

Mid-Con Energy Partners, LP Announces Quarterly Distribution on Preferred Units

TULSA, Feb. 06, 2020 (GLOBE NEWSWIRE) — Mid-Con Energy Partners, LP (NASDAQ: MCEP) (“Mid-Con Energy” or the “Partnership”) announces that the Board of Directors of its General Partner declared a cash distribution for: (1) its Class A Convertible Preferred Units for the fourth quarter of 2019, a cash distribution of $0.0430 per Preferred Unit and (2) its Class B Convertible Preferred Units for the fourth quarter of 2019, a cash distribution of $0.0306 per Preferred Unit, according to terms outlined in the Partnership Agreement. Such cash distributions will be paid on February 14, 2020 to holders of record as of the close of business on February 7, 2020.About Mid-Con Energy Partners, LPMid-Con Energy is a publicly held Delaware limited partnership formed in July 2011 to own, acquire, and develop producing oil...

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Conifex Announces Fourth Quarter 2019 Results Conference Call

VANCOUVER, British Columbia, Feb. 06, 2020 (GLOBE NEWSWIRE) — Conifex Timber Inc. (“Conifex”) (TSX: CFF) announced today that it plans to release its fourth quarter 2019 results prior to the market open on Wednesday, March 11, 2020.  Conifex has scheduled a conference call at 7:00 AM Pacific time / 10:00 AM Eastern time on the same day to discuss its financial results. To participate in the call, please dial one of the following numbers:Toll-Free Access (Canada/US): 800-478-9326Access: 416-340-2219The call will also be available on instant replay access until April 11, 2020.  For Instant Replay Access, please dial one of the following numbers and enter Participant Pass Code 2408165#.Toll-Free Access: 800-408-3053Access: 905-694-9451For further information, please contact:Yuri Lewis, Chief Financial Officer...

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MariMed Provides Update on GenCanna Global, Inc.

NORWOOD, Mass., Feb. 06, 2020 (GLOBE NEWSWIRE) — MariMed Inc. (MRMD:OTCQX) (the “Company” or “MariMed”), a leading multi-state cannabis and hemp operator focused on health and wellness, today issued a statement regarding the recent development that GenCanna Global, Inc. (“GenCanna”), a vertically-integrated producer of hemp and hemp-derived CBD products has filed for voluntary reorganization under Chapter 11 in the Eastern Kentucky United States District Court.On February 6, 2020, GenCanna issued the following press release:* * *GenCanna Global Files for Chapter 11 to Implement Financial and Operational Restructuring PlansSecures $10 Million In DIP Financing From Existing Senior Lender and Will Evaluate all Strategic Options to Maximize ValueWINCHESTER, KY. – Feb. 6, 2020 – GenCanna...

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Silicon Motion Announces Results for the Period Ended December 31, 2019

Financial HighlightsBusiness HighlightsTotal controller sales grew Q/Q to a record highSSD controller sales increased about 25% Q/Q to a record higheMMC+UFS controller sales increased about 70% Q/QSSD solutions1 sales increased about 60% Q/Q__________1 Non-GAAPTAIPEI, Taiwan and MILPITAS, Calif., Feb. 07, 2020 (GLOBE NEWSWIRE) — Silicon Motion Technology Corporation (NasdaqGS: SIMO) (“Silicon Motion” or the “Company”) today announced its financial results for the quarter ended December 31, 2019.  For the fourth quarter, net sales (GAAP) increased sequentially to $153.2 million from $110.5 million in third quarter 2019.  Net income (GAAP) increased to $25.4 million or $0.73 per diluted ADS (GAAP) from net income (GAAP) of $4.2 million or $0.12 per diluted ADS (GAAP) in third quarter 2019.For the...

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エンスター・グループ・リミテッド、優先株の四半期配当を発表

バミューダ諸島ハミルトン発, Feb. 07, 2020 (GLOBE NEWSWIRE) — エンスター・グループ・リミテッド (Enstar Group Limited、以下「エンスター」) (NASDAQ: ESGR) は本日、シリーズDとシリーズE優先株に関してキャッシュ配当金を支払うことを発表した。エンスターのシリーズD 7.00%固定/変動金利非累積永久優先株について、預託株式当たり0.43750ドル...

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Lilis Energy Receives Extension on Initial Borrowing Base Deficiency Payment

FORT WORTH, Texas, Feb. 06, 2020 (GLOBE NEWSWIRE) — Lilis Energy, Inc. (NYSE American: LLEX) (the “Company”), an exploration and production company operating in the Permian Basin of West Texas and Southeastern New Mexico, today announced that the Company’s bank lending group has agreed to extend the due date for the first two installment payments on the borrowing base deficiency under its revolving credit agreement that resulted from the recently announced borrowing base redetermination.  The amendment to the revolving credit agreement provides for an extension of the first and second installment payments from February 7, 2020 to February 18, 2020, and from February 14, 2020 to February 18, 2020 respectively.  The due dates for the two subsequent installment payments remain March 16, 2020 and April 14,...

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SmartCentres Enters Joint Venture to Build Apartments in Mid-Town Toronto

TORONTO, Feb. 06, 2020 (GLOBE NEWSWIRE) — SmartCentres Real Estate Investment Trust (“SmartCentres”) (TSX:SRU.UN), one of Canada’s largest real estate investment trusts, and Greenwin Corp. (“Greenwin”), are proud to announce today that they have entered into a joint venture and acquired 1.15 acres in Toronto’s Yonge and Davisville neighbourhood. This urban infill development site represents a strategic opportunity to jointly develop, construct, own, and manage a newly-built rental apartment building in an established neighbourhood.The acquisition of the site, which had been part of Greenwin’s holdings for over 60 years, follows on the recent success of the previously announced joint acquisition of 7.8 acres on Barrie’s waterfront. Together these two acquisitions represent a development...

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Churchill Downs Incorporated Announces Hiring of General Manager of Oak Grove Racing, Gaming & Hotel

OAK GROVE, Ky., Feb. 06, 2020 (GLOBE NEWSWIRE) — Churchill Downs Incorporated (“CDI”) (Nasdaq: CHDN) announced today the hiring of Darold Londo as President and General Manager of Oak Grove Racing, Gaming & Hotel (“Oak Grove”) in Oak Grove, Kentucky. Londo brings an extensive history in the gaming and entertainment industry to the development. Oak Grove conducted its first live harness racing meet in October and November 2019 and is currently undergoing construction of a state-of-the-art historical racing machine (“HRM”) venue, as well as an equestrian center and hotel in southwestern Kentucky.  As general manager, Londo will be responsible for providing direction for all of the Oak Grove development and operations, including pre-opening activities, staffing and compliance as...

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Aldebaran Resources Announces Aguas Calientes Drill Results

VANCOUVER, British Columbia, Feb. 06, 2020 (GLOBE NEWSWIRE) — Aldebaran Resources Inc. (“Aldebaran” or the “Company“) (TSX-V: ALDE) announces the results of the drill program completed at its 100% owned Aguas Calientes Au-Ag epithermal project located in southernmost Jujuy Province, northwestern Argentina. Eleven drill holes totaling 2,316.20 m were completed.The most encouraging results were intercepted in hole ACA-19-23 where anomalous gold associated with favourable trace elements (i.e., arsenic and antimony) was encountered in several wide intervals of well-developed intermediate-sulfidation style epithermal mineralization within strongly altered volcanic rocks (Table 1). The mineralized intervals, while lower-grade, are the first significant wide-intercepts of epithermal-style mineralization and alteration...

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Clairvest Update on Digital Media Solutions

TORONTO, Feb. 06, 2020 (GLOBE NEWSWIRE) — Clairvest Group Inc. (TSX: CVG) today announced that Digital Media Solutions LLC (“DMS”), a portfolio company of Clairvest Group Inc. and Clairvest Equity Partners V (collectively, “Clairvest”), has signed a term sheet with Leo Holdings Corp. (NYSE: LHC) (“Leo”) for a proposed business combination. Clairvest refers its investors to the news release issued by Leo today. Clairvest is supportive of its management partners at DMS and the entering into of the term sheet for the proposed transaction. The transaction remains subject to mutual satisfaction with definitive documentation (which will include a customary condition with respect to Leo redemptions) and the approvals of the various parties including the shareholders of Leo, and the board of directors...

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