Month: February 2020

CALGARY, Alberta, Feb. 18, 2020 (GLOBE NEWSWIRE) — High Arctic Energy Services Inc. (HWO.TO) (“High Arctic” or the “Corporation”) announces the departure of its Chief Financial Officer, Jim Hodgson effective February 14th 2020. The Board would like to take this opportunity to express its gratitude to Mr. Hodgson for his efforts and contribution during his tenure with the Company. We wish him the best with his future endeavors.High Arctic is pleased to announce that Mr. Christopher (Chris) Ames, has agreed to accept the appointment of Vice President of Finance and Interim Chief Financial Officer.Mr. Ames is a CPA, CA and previously held a number of senior finance positions at Precision Drilling over a 20-year period before he left to become an independent financial consultant assisting companies with financial, strategic planning...

FLORENCE, Ky., Feb. 18, 2020 (GLOBE NEWSWIRE) — Churchill Downs Incorporated (“CDI”) (Nasdaq: CHDN) announced today plans to invest $5.6 million to replace the existing track at Turfway Park (“Turfway”) with a new Tapeta synthetic track, one of the world’s leading surfaces for racing and training, through an agreement with Tapeta Footings, Inc. (“Tapeta”). The removal of Turfway’s existing Polytrack and installation of the new Tapeta synthetic track will take place immediately following the close of Turfway’s Winter/Spring Meet on March 28 and is expected to be ready for the 2020 Holiday Meet beginning on Dec. 2.CDI owns and operates three of the four synthetic tracks in the United States while Turfway will become only the third track in America to use the state-of-the-art Tapeta synthetic surface, joining CDI-owned Presque Isle...

BROOKFIELD NEWS, Feb. 18, 2020 (GLOBE NEWSWIRE) — Brookfield Asset Management Inc. (“Brookfield”) (TSX: BAM.A, NYSE: BAM) today announced the pricing of its previously announced public offering of notes due 2050 (the “notes”). The size of the offering will be US$600 million.The notes will have a coupon of 3.450% and will be issued at a price equal to 99.058% of their face value for an effective yield of 3.501%. The notes will be issued by Brookfield Finance LLC, an indirect 100% owned subsidiary of Brookfield, and will be fully and unconditionally guaranteed by Brookfield. The net proceeds from the sale of the notes will be used to redeem all of the outstanding Cdn$350 million aggregate principal amount of 5.30% notes due March 1, 2021 issued by Brookfield and the remainder for general corporate purposes. The offering is expected...

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES.LONDON, Ontario, Feb. 18, 2020 (GLOBE NEWSWIRE) — Indiva Limited (the “Company” or “Indiva”) (TSXV:NDVA) (OTCQX:NDVAF) is pleased to announce that further to its press release dated December 11, 2019, the Company has entered into a licensing and manufacturing agreement (the “Agreement“) with Dycar Pharmaceuticals Ltd. (“Dycar“). Pursuant to the Agreement, Dycar will immediately provide Indiva with non-dilutive financing of $3.6 million, $500,000 of which has been previously advanced, and an additional $4.5 million of non-dilutive financing over two instalments. Such amounts will be used to finance the production and distribution, by Indiva, of certain Dycar-branded cannabis products (the “Dycar Products“)....

OAKLAND, Calif., Feb. 18, 2020 (GLOBE NEWSWIRE) — California BanCorp (OTCQX:CALB), the holding company for California Bank of Commerce (CBC), today announced that Frank L. Muller has joined the bank’s Board of Directors.Muller joins the board as a respected business leader in the Sacramento Valley with an extensive background in business and agriculture. He is the owner of M Three Ranches, LLC in Woodland, California and was the previous President of Muller Ranch, LLC.“We are pleased to have Frank join us,” said Steve Cortese, Chairman of the Board of Directors. “As the bank expands its presence throughout Northern California, his familiarity and knowledge of the region’s economy will be tremendously beneficial.”For more than 20 years, Muller has served on the Board of Directors for Pacific Coast Producer, including as Chairman...

NEW YORK, Feb. 18, 2020 (GLOBE NEWSWIRE) — Acreage Holdings, Inc. (“Acreage”) (CSE: ACRG.U) (OTCQX: ACRGF) (FSE: 0VZ) today announced it received approval for and commenced adult-use cannabis sales at its Nature’s Care Company Rolling Meadows, Illinois location.Nature’s Care Company began adult-use sales on Tuesday, February 18th, complementing Acreage’s adult-use wholesale operations, which began at the start of the year.  In addition to its own developed house of brands, Acreage is also the exclusive supplier of Canopy Growth Corporation’s award-winning Tweed branded consumer products in the state of Illinois, which may be purchased at Nature’s Care Company’s Rolling Meadows dispensary and select adult-use dispensaries throughout the state.ABOUT ACREAGEHeadquartered in New York City, Acreage is one of the largest vertically integrated,...

Oilfield Services revenues up 12 percent and operating income up 48 percentGross margin improvement in Performance Chemicals drives record operating incomeFuel Specialties impacted by supply disruption and expect operations to normalize by the end of Q1GAAP EPS $1.26 and adjusted EPS of $1.47 impacted by 19 cents from higher share based compensationStrong operating cash generation of $58.4 million; Net cash position of $15.6 million

HOUSTON, Feb. 18, 2020 (GLOBE NEWSWIRE) — VAALCO Energy, Inc. (NYSE: EGY; LSE: EGY) (VAALCO or the Company) today announced that the South East Etame 4P appraisal wellbore drilled from the VAALCO operated South East Etame North Tchibala (SEENT) platform offshore Gabon in the Etame Marin permit area successfully encountered oil sands in the Gamba formation.HighlightsVerified the presence of Gamba oil sands in the step out area at South East Etame;Encountered approximately 20 feet of good-quality Gamba oil sands, with similar reservoir quality as exists in the South East Etame 2H well;Drilled the South East Etame 4P appraisal wellbore to a total depth of 6,311 feet;VAALCO currently estimates gross prospective resources of 1 to 2 million barrels of oil (MMBO), or 0.3 to 0.5 MMBO net revenue interest to VAALCO, present in this newly...

TORONTO, Feb. 18, 2020 (GLOBE NEWSWIRE) — European Residential Real Estate Investment Trust (TSX-V:ERE.UN, “ERES”) is pleased to announce that the trustees of ERES have declared the February 2020 monthly cash distribution of €0.00875 per Unit and Class B LP Unit (the “February Distribution”), being equivalent to €0.105 per Unit annualized. The distribution will be payable to holders of the Units and Class B LP Units (the “Unitholders”) of record on February 28, 2020, with payment on March 16, 2020.

WAYNE, Pa., Feb. 18, 2020 (GLOBE NEWSWIRE) — Liam Kelly, President and CEO, Teleflex Incorporated (NYSE: TFX), is scheduled to speak at the Raymond James 41st Annual Institutional Investors Conference at the JW Marriott Grande Lakes in Orlando, Florida on Tuesday, March 3, 2020 at 3:25 p.m. (ET). A live audio webcast of the conference presentation, along with the accompanying slide presentation, will be available on the investor portion of the Teleflex website at www.teleflex.com.About Teleflex IncorporatedTeleflex is a global provider of medical technologies designed to improve the health and quality of people’s lives. We apply purpose driven innovation – a relentless pursuit of identifying unmet clinical needs – to benefit patients and healthcare providers. Our portfolio is diverse, with solutions in the fields of vascular access,...