Day: March 20, 2020

Digihost Adjusts Operations in Response to the COVID-19 Virus

VANCOUVER, British Columbia, March 20, 2020 (GLOBE NEWSWIRE) — Digihost Technology Inc. (“Digihost” or the “Company”) (TSXV: DGHI) reports that in response to the COVID-19 pandemic the Company is temporarily ceasing operations until March 31, 2020 at its Buffalo, NY facility in an effort to protect the health of Digihost’s personnel and the community in which the Company works.  Management of Digihost will reassess the COVID-19 situation at the end of March and will make a determination at that time whether to continue the temporary cessation of its currency mining operations.Michel Amar, CEO, commented, “While it is unfortunate to place our operations on temporary hold, Digihost fully supports the state and federal governments’ proactive plans and recommendations to protect the American people from the COVID-19 pandemic.”About Digihost...

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MAGNETIC NORTH ACQUISITION CORP. ANNOUNCES NON-BROKERED PRIVATE PLACEMENT OF UP TO $3 MILLION

**Not for distribution to United States Newswire Services or release publication, distribution or dissemination, directly or indirectly, in the United States.  Any failure to comply with this restriction may constitute a violation of U.S. Securities Laws**CALGARY, Alberta and TORONTO, March 20, 2020 (GLOBE NEWSWIRE) — Magnetic North Acquisition Corp. (TSXV: MNC) (“Magnetic North” or the “Company”) is pleased to announce a non-brokered private placement (the “Financing”) of Series A Preferred Shares for gross proceeds of up to $3,000,000. The Financing is intended to allow Magnetic North to make investments in certain of the Company’s investee companies and for working capital purposes.The Financing consists of up to 300,000 Series A Preferred Shares of the Company at a price of $10.00 per share.  The terms of the Series A Preferred...

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SOTHERLY HOTELS INC. PROVIDES CLARIFICATION REGARDING ITS FIRST QUARTER PREFERRED STOCK DIVIDENDS

WILLIAMSBURG, Va., March 20, 2020 (GLOBE NEWSWIRE) — Sotherly Hotels Inc. (NASDAQ: SOHO) (the “Company”) today announced further clarification regarding its preferred stock dividends. On March 17, 2020, the Company announced that, as a result of the impacts of the COVID-19 pandemic and as approved by its board of directors, it is deferring payment of its previously announced dividends for its Series B Cumulative Redeemable Perpetual Preferred Stock, Series C Cumulative Redeemable Perpetual Preferred Stock, and Series D Cumulative Redeemable Perpetual Preferred Stock that were each scheduled to be paid on April 15, 2020 to shareholders of record as of March 31, 2020. In connection with that payment deferral, the March 31, 2020 record date for each of those series of preferred stock has been cancelled. The Company expects to set a...

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RIO SILVER ANNOUNCEMENT

VANCOUVER, British Columbia, March 20, 2020 (GLOBE NEWSWIRE) — Rio Silver Inc. (“Rio Silver” or the “Company”) (TSX.V: RYO) announces that during the timing of the recent closing of a non-brokered private placement announced March 11, 2020 by the Company, systemic events have delayed the official closing due to registered stock holding accounts of certain potential investors becoming compromised. Out of an abundance of caution, the Company felt it necessary to cancel the above announced closing in order to allow our placee’s additional time to re-balance their holdings and allow the markets time to stabilize.About Rio SilverRio Silver Inc. is a Canadian Exploration and Mine Development company. Our business is to develop our 100% owned Ninobamba project and to unlock the tremendous potential for shareholder...

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SEACOR MARINE CONSOLIDATES OWNERSHIP OF LIFTBOAT BUSINESS IN SHARE TRANSACTION

HOUSTON, March 20, 2020 (GLOBE NEWSWIRE) — SEACOR Marine Holdings Inc. (NYSE:SMHI) (the “Company” or “SEACOR Marine”), a leading provider of marine and support transportation services to offshore oil and natural gas and wind farm facilities worldwide, today announced that a wholly-owned subsidiary of the Company acquired the remaining 28% of the equity interests in Falcon Global Holdings LLC (“FGH”) that it did not already own from Montco Offshore, LLC (“Montco Offshore”), resulting in 100% ownership of FGH by the Company.  As consideration for the acquisition, the Company will issue 900,000 shares of its common stock in a private placement to Montco Offshore.The acquisition consolidates the Company’s ownership of 14 liftboats with vessels currently working in the U.S. Gulf of Mexico, Mexico, and Saudi Arabia.  Liftboats provide...

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MAPLEWOOD INTERNATIONAL REIT ANNOUNCES CLOSING OF INVESTMENT PROPERTY SALE

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATESMISSISSAUGA, Ontario, March 20, 2020 (GLOBE NEWSWIRE) — (TSXV: MWI.UN) Maplewood International Real Estate Investment Trust (the “REIT”), announced today that further to the press release dated March 6, 2020 regarding the execution by the REIT of  a binding purchase and sale agreement for the sale of its sole investment property in the Netherlands (the “Transaction”), the REIT has closed the Transaction.It is expected that the REIT will no longer continue to satisfy the continued listing requirements of the TSXV subsequent to the closing of the Transaction. Accordingly, listing of the Units may be transferred from the TSXV to NEX.About Maplewood International REITMaplewood International REIT is a Canadian based growth-oriented international...

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PRA Health Sciences Launches COVID-19 Monitoring Program

RALEIGH, N.C., March 20, 2020 (GLOBE NEWSWIRE) — PRA Health Sciences announced today the commercial availability of the COVID-19 Monitoring Program, a mobile app-driven, tiered initiative that allows employers, payers, providers and health systems to track the health and wellbeing of individuals who may be asymptomatic, exposed or diagnosed with COVID-19 during the pandemic.Based on an individual’s COVID-19 disease status, they are assigned to one of three groups:The educational program, which provides vital sign tracking, prevention techniques and mental health support for those who are asymptomatic.The quarantine program, which delivers insights on what to watch for, addresses feelings of fear and isolation, and connects with a healthcare professional for those who have been exposed to COVID-19.The in-depth monitoring program,...

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Etrion Presents at Fearnley Securities “Renewable Conference Call Collection”

GENEVA, March 20, 2020 (GLOBE NEWSWIRE) — Etrion Corporation (“Etrion” or the “Company”) (TSX: ETX) (OMX: ETX), a solar independent power producer, announces that the Company’s Chief Executive Officer, Marco Antonio Northland, will be presenting at the Fearnley Securities virtual investor conference, “Renewable Conference Call Collection”, on Monday, March 23, 2020, at approximately 12:40 pm Central European Time.Mr. Northland commented: “I am delighted to participate in this virtual investor conference organized by Fearnley Securities to keep investors informed during these challenging times globally. I will provide an update on the company and explain how the fundamentals of the business in Japan remain strong despite the Coronavirus pandemic.”Interested participants should contact their Fearnley Securities representative or per...

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MARTINREA PROVIDES UPDATE ON BUSINESS IMPACT AND RESPONSE TO COVID-19

TORONTO, March 20, 2020 (GLOBE NEWSWIRE) — Martinrea International Inc., a diversified and global automotive supplier engaged in the design, development and manufacturing of highly engineered, value-added Lightweight Structures and Propulsion Systems, today announced that as a result of actions taken on behalf of the Company’s automotive OEM customers in both North America and Europe in response to the coronavirus (COVID-19) outbreak, including temporary plant closures, as well as uncertainty regarding the duration and business impact of the virus, it is withdrawing its previously-disclosed financial guidance and medium-term outlook.“These announced customer plant shutdowns will affect the Company’s own production levels during the remainder of Q1 2020 and likely beyond, as restarting of production could be delayed, and partial...

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Healthcare Special Opportunities Fund Announces March 2020 Quarterly Distribution

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATESTORONTO, March 20, 2020 (GLOBE NEWSWIRE) — (TSX: MDS.UN) – LDIC Inc. (the “Manager”), the manager of Healthcare Special Opportunities Fund (the “Fund”), a closed-end investment fund, today announces the quarterly distribution of CDN$0.06666 per Class A unit and US$0.06608 per Class U unit. The distribution will be paid on or before April 16, 2020 to unitholders of record on March 31, 2020. For further information please contact:LDIC Inc.Tel: (416) 362-4141Email: decter@ldic.caWebsite: www.ldic.ca

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