Month: February 2020
DAYTONA BEACH, Fla., Feb. 28, 2020 (GLOBE NEWSWIRE) — Alpine Income Property Trust, Inc. (NYSE: PINE) (the “Company”) announced the acquisition of 4 net-leased retail income properties for a combined purchase price of approximately $19.37 million.The Company acquired an income property leased to Hobby Lobby (“Hobby Lobby”) located in Tulsa, Oklahoma, with 10.8 years remaining on the lease term. The acquisition also included a Long John Silver’s on a month-to-month lease that is an outparcel to the Hobby Lobby property.The Company also acquired an income property leased to Old Time Pottery (“Old Time Pottery”) located in the Jacksonville, Florida suburb of Orange Park, Florida, with 10.4 years remaining on the lease term. An outparcel to Old Time Pottery on a ground lease with a franchised-operated Freddy’s Frozen Custard (“Freddy’s”)...
Diana Shipping Inc. Announces Results of 2020 Annual Meeting of Shareholders, Changes in Executive Officers and Departure of Directors
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ATHENS, Greece, Feb. 28, 2020 (GLOBE NEWSWIRE) — Diana Shipping Inc. (NYSE: DSX), (the “Company”), a global shipping company specializing in the ownership of dry bulk vessels, today announced that the Company’s Annual Meeting of Shareholders (the “Meeting”) was duly held on February 19, 2020, in Limassol, Cyprus, pursuant to a Notice of Annual Meeting of Shareholders dated January 10, 2020. Broadridge Financial Solutions, Inc. acted as inspector of the Meeting.At the Meeting, each of the following proposals, which are set forth in more detail in the Notice of Annual Meeting of Shareholders and the Company’s Proxy Statement sent to shareholders on or around January 10, 2020, was approved and adopted:Also effective as of the date of the Meeting, Mr. Christos Glavanis and Mr. Andreas Michalopoulos resigned from the Board of Directors...
Performance Shipping Inc. Announces Results of 2020 Annual Meeting of Shareholders and Changes to Board of Directors and Executive Officers
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ATHENS, Greece, Feb. 28, 2020 (GLOBE NEWSWIRE) — Performance Shipping Inc. (NASDAQ: DCIX), (the “Company”), a global shipping company specializing in the ownership of vessels, today announced that the Company’s Annual Meeting of Shareholders (the “Meeting”) was duly held on February 18, 2020, in Limassol, Cyprus, pursuant to a Notice of Annual Meeting of Shareholders dated January 9, 2020. Broadridge Financial Solutions, Inc. acted as inspector of the Meeting.Annual General Meeting ResultsAt the Meeting, each of the following proposals, which are set forth in more detail in the Notice of Annual Meeting of Shareholders and the Company’s Proxy Statement sent to shareholders on or around January 9, 2020, was approved and adopted: (1) The election of Antonios Karavias and Andreas Nikolaos Michalopoulos as Class I Directors of the...
Monument Commences Exploration Drilling Program at Murchison Gold Project in Western Australia
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VANCOUVER, British Columbia, Feb. 28, 2020 (GLOBE NEWSWIRE) — Monument Mining Limited (TSX-V: MMY and FSE: D7Q1) (“Monument” or the “Company”) is pleased to announce that it has commenced a 38 hole, 4,580 metre drilling program at its 100% owned Burnakura and Gabanintha gold projects in Western Australia. The objective of the program is to test certain exploration targets identified through geological interpretation of last year’s data collection, prior years’ drilling results and structural geological studies. The main focus of the drill program is to test down plunge extensions of existing high grade mineralization at Alliance, New Alliance and NOA deposits at Monument’s Burnakura project, including the North of NOA7/8 (“NOA 9”) regional target, and at Yagahong at Monument’s Gabanintha project. The holes have been significantly...
Crawford United Corporation Announces Reed Award Win by Data Genomix
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CLEVELAND, Feb. 28, 2020 (GLOBE NEWSWIRE) — – Data Genomix LLC, an operating company owned by Crawford United Corporation (OTC: CRAWA), today announced that the company won a prestigious Reed Award for its social media advertising work in a ballot initiative campaign.The political marketing publication Campaigns & Elections hosted the 2020 Reed Awards in Atlanta, Georgia on February 20 and selected Data Genomix among thousands of entries for its sophisticated targeting on social media. The Data Genomix “Topplr” software platform, which has been leveraged by hundreds of campaigns in over 25 states, won for Best Use of Online Targeting for a Ballot Initiative. The award recognized the company’s work supporting the passage of the Lake County Transportation (LakeTran) Levy, which won in November 2019 with 58% of the vote. ...
Troilus Closes Private Placement of Flow-Through Shares and Common Shares for Total Proceeds of C$12,832,683
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NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATESTORONTO, Feb. 28, 2020 (GLOBE NEWSWIRE) — Troilus Gold Corp. (TSX: TLG; OTCQB: CHXMF) (“Troilus” or the “Company”) is pleased to announce that it has closed its previously announced non-brokered private placement of an aggregate of 6,449,188 common shares of the Company that will qualify as “flow-through shares” (within the meaning of subsection 66(15) of the Income Tax Act (Canada) (the “Tax Act”) (collectively, the “Flow-Through Shares“).The Flow-Through Shares were issued in three tranches as follows:Tranche 1: 2,000,000 Flow-Through Shares issued to investors resident in the Province of Québec at an issue price of C$1.00 per Flow-Through Share for aggregate gross proceeds of C$2,000,000 (the “T1 Offering”);Tranche 2: 2,070,617 Flow-Through...
Bellicum Reports Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)
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HOUSTON, Feb. 28, 2020 (GLOBE NEWSWIRE) — Bellicum Pharmaceuticals, Inc. (NASDAQ:BLCM), a leader in developing novel, controllable cellular immunotherapies for cancers, today announced equity inducement grants to one new employee consisting of an aggregate of 15,000 stock options. The Compensation Committee of the Board of Directors approved the grants with an effective date of February 28, 2020. The stock options were granted as inducements material to the employees entering into employment with the Company in accordance with Nasdaq Listing Rule 5635(c)(4).The stock options have an exercise price of $9.00 per share and vest over four years, with 25% of the shares vesting on the one-year anniversary of the applicable vesting commencement date and 1/48 of the shares vesting monthly thereafter, subject to the new employee’s...
Tix Corporation Enters Into New Employment Agreement With Its Chief Executive Officer
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STUDIO CITY, CA, Feb. 28, 2020 (GLOBE NEWSWIRE) — Tix Corporation (the “Company”) (OTCQX: TIXC), a leading provider of discount ticketing services, today reported it entered into a new employment agreement, effective March 1, 2020, with its existing Chief Executive Officer, Mitch Francis. The new employment agreement with Mitch Francis, the Company’s Chief Executive Officer (the “Francis Employment Agreement”), replaces his prior employment agreement expiring on February 28, 2020. The Francis Employment Agreement has a four-year term through February 28, 2024, and provides for the following:An initial base salary to be $495,000 per year, subject to annual increases based on the greater of three percent and the one year percentage increase in the Federal Cost of Living Index, Southern California District consumer price index,...
Avista submits 2020 Electric Integrated Resource Plan
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SPOKANE, Wash., Feb. 28, 2020 (GLOBE NEWSWIRE) — Avista Utilities, an operating division of Avista Corp. (NYSE: AVA), is planning to reduce carbon-emitting resources from its portfolio in alignment with the company’s clean electricity goal announced in 2019. In its 2020 Electric Integrated Resource Plan (IRP) filed today with the Idaho Public Utility Commission, Avista is projecting a much cleaner generation mix.“This IRP reflects a significant reduction in fossil fuel generation for our customers,” said Jason Thackston, Avista’s senior vice president of energy resources. “Avista’s electric generation mix is already more than half renewable, making our emissions some of the lowest in the nation. Looking to the next 25 years, we believe our goal of 100 percent clean energy is possible. We are proactively building a dynamic, clean...
Lilis Energy Closes Previously Announced Undeveloped Acreage Sale And Receives Further Extension On The Take-Private Offer From Major Shareholder
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FORT WORTH, Texas, Feb. 28, 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, announced today that it has closed the previously announced sale of approximately 1,146 undeveloped net acres in the Company’s northernmost acreage in Lea County, New Mexico. The net cash proceeds of approximately $24.1 million will be used to fund the first two borrowing base deficiency installment payments under the amended revolving credit agreement aggregating $17.25 million, with the balance to be used for general corporate purposes. Two subsequent installment payments of $1.5 million and $6.25 million remain due on March 16, 2020 and April 14, 2020, respectively.The Company continues to consider additional...