DigitalAMN Secures Additional Revenue Source with Acquisition of Reg. A+ and Reg. CF Marketing Company

Written by Customer Service on March 23, 2020. Posted in Public Companies.

NEW YORK, March 23, 2020 (GLOBE NEWSWIRE) — Digital Asset Monetary Network, Inc. or “DigitalAMN” (OTCMKTS: DATI), a Public Accelerator-Incubator (“PAI”), announced today, that DigitalAMN has taken a majority stake in TruCrowd Services, LLC. (“TCS”), a marketing services firm, focused on marketing Regulation A+ (“Reg. A+”) and Regulation Crowdfunding (“Reg. CF”).Currently operating the RegABoost brand, TCS was originally established in early 2019, with DigitalAMN as a minority co-founder. Throughout the course of the past year, DigitalAMN made a series of needed capital infusions into TCS, to further the development and operations of the brand. However, with the continuing growth of equity crowdfunding and the recent surge of interest in Reg. A+, from both private and public companies, management recognized the growth opportunity...

QUESTCAP CLOSES $2 MILLION PRIVATE PLACEMENT

Written by Customer Service on March 23, 2020. Posted in Public Companies.

TORONTO, March 23, 2020 (GLOBE NEWSWIRE) — QuestCap Inc. (CSE: QSC) (“QuestCap” or the “Company”) is pleased to announce that it has closed its previously announced non-brokered private placement financing of common shares for gross proceeds of $2,000,000 (the “Offering”). For more information on the Offering, please see the Company’s press release dated February 20, 2020, which is available under the Company’s profile on SEDAR at www.sedar.com.Pursuant to the Offering, QuestCap issued 20,000,000 common shares (the “Shares”) at a price of $0.10 per Share. The Shares issued in connection with the Offering are subject to a statutory four month hold period, which expires on July 24, 2020. No finder’s fees were paid in connection with the Offering.The net proceeds of the Offering are expected to be used for pursuing investment opportunities...

Plexus Provides Financial Outlook Update Due To Impact of COVID-19

Written by Customer Service on March 23, 2020. Posted in Public Companies.

NEENAH, Wis., March 23, 2020 (GLOBE NEWSWIRE) — Plexus (NASDAQ: PLXS) announced today an update to its fiscal second quarter revenue outlook due to evolving impacts related to the COVID-19 outbreak. The Company’s operations in Malaysia, Scotland, Romania and Illinois are all affected to varying degrees by recent government measures restricting the movement of citizens and operation of businesses. In addition, Wisconsin Governor Tony Evers today announced plans to issue an order tomorrow regarding the closure of all non-essential workplaces. This could impact our Wisconsin operations if the products we manufacture at these sites, a substantial portion of which are medical, aerospace, and defense products, are deemed non-essential. All of our sites are also impacted to some degree by other effects of COVID-19, such as the closure...

Vislink Technologies Appoints Jim McGowan as Vice President and General Manager of its MilGov Business Unit

Written by Customer Service on March 23, 2020. Posted in Public Companies.

HACKETTSTOWN, NJ, March 23, 2020 (GLOBE NEWSWIRE) — Vislink Technologies, Inc. (NASDAQ: VISL) today announced that Jim McGowan has joined the Company as Vice President and General Manager of its MilGov Business Unit, effective immediately.“We are excited to announce the addition of Jim McGowan to our team,” said Carleton Miller, CEO of Vislink. “Our expertise in providing advanced video technology and solutions for worldwide law enforcement, public safety and military operations has made us a leader in supporting mission-critical applications. Jim’s thirty years of successful experience and leadership in MilGov and Aeronautics will be instrumental in driving our MilGov business to even higher levels.”Jim McGowan said, “ I am thrilled to be joining the Vislink team and to be a part of their continued growth and success moving forward....

Maplewood International REIT Announces Special Cash Distribution for 2020 Fiscal Year

Written by Customer Service on March 23, 2020. Posted in Public Companies.

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATESMISSISSAUGA, Ontario, March 23, 2020 (GLOBE NEWSWIRE) — (TSXV: MWI.UN) Maplewood International Real Estate Investment Trust (the “REIT”), announced today that as a result of the REIT’s successful closing of the sale of its sole investment property in the Netherlands, as announced in the press release dated March 20, 2020, the Board of Trustees has declared a special cash distribution of $0.70 per unit (the “Special Distribution”), which will be paid on or around April 8, 2020 (the “Payment Date”) to unitholders of record on March 31, 2020 (the “Record Date”).As the Special Distribution represents a distribution greater than 25% of the value of the units of the REIT (the “Units”), it is subject to the “Due Bill” trading requirements of...

WOW UNLIMITED MEDIA’S “CASTLEVANIA” SEASON 3 DEBUTS ON NETFLIX TO POSITIVE REVIEWS

Written by Customer Service on March 23, 2020. Posted in Public Companies.

TORONTO and LOS ANGELES, March 23, 2020 (GLOBE NEWSWIRE) — WOW Unlimited Media Inc. (“WOW!” or the “Company”) (TSX-V: WOW/ OTCQX: WOWMF) is pleased to announce that the third season of its Castlevania series, produced by WOW!’s Frederator Studios and recently released on Netflix, has received rave reviews and extensive coverage from numerous media outlets and entertainment publications. In addition to “Top 10” designations from Netflix across multiple territories, the animated hit series has achieved a “Masterpiece” and “Editor’s Choice” rating from IGN and a 100% critic’s rating on Rotten Tomatoes.A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/e9ea2b04-dff4-4c84-81d1-6e8aa79f0999Castlevania’s third season was highly anticipated by fans of the first two seasons; Netflix...

O3 MINING TEMPORARILY SUSPENDS OPERATIONS

Written by Customer Service on March 23, 2020. Posted in Public Companies.

TORONTO, March 23, 2020 (GLOBE NEWSWIRE) — O3 Mining Inc. (TSX.V:OIII) (“O3 Mining” or the “Corporation”) announced today that in response to the order of the Government of Quebec to close all non-essential businesses until April 13, 2020, it has suspended operations in Quebec.To date, O3 Mining has had no suspected or confirmed cases of COVID-19, and has put in place a COVID-19 protocol to protect its workforce. The health and safety of O3 Mining’s workforce, their families and the communities in which we operate remains the number one concern for O3 Mining. O3 Mining is committed to fully supporting safety measures for our workforce, families and communities. O3 Mining thanks our workforce, partners and all stakeholders for their understanding and support, and looks forward to resuming operations...

NOVO COMPLETES ACQUISITION OF 100% INTEREST IN PURDY’S REWARD AND 47K PATCH AND DISSOLVES ARTEMIS RESOURCES LIMITED JOINT VENTURE

Written by Customer Service on March 23, 2020. Posted in Public Companies.

VANCOUVER, British Columbia, March 23, 2020 (GLOBE NEWSWIRE) — Novo Resources Corp. (“Novo” or the “Company”) (TSX-V: NVO; OTCQX: NSRPF) is pleased to announce that it has finalized the acquisition of a 100% interest in exploration licenses E47/1745 (“Purdy’s Reward”) and E47/3443 (“47K”) from Artemis Resources Limited (“Artemis”) (ASX: ARV) and certain Artemis joint venture partners and dissolved the remaining Novo-Artemis joint ventures (the “Transaction”) (please see the Company’s news release dated March 12, 2020 – https://www.novoresources.com/news-media/news/display/index.php?content_id=384). The Transaction was subject to approval from the TSX Venture Exchange and other customary regulatory approvals for transactions of this nature, all of which have been obtained.As consideration for the Transaction, Novo issued 1,640,000...

Churchill Downs Incorporated Announces Temporary Suspension of Racing at Certain Properties

Written by Customer Service on March 23, 2020. Posted in Public Companies.

LOUISVILLE, Ky., March 23, 2020 (GLOBE NEWSWIRE) — Churchill Downs Incorporated (“CDI”) (Nasdaq: CHDN) announced today the temporary suspension of live racing at Miami Valley Raceway at Miami Valley Gaming in Lebanon, Ohio effective at 11:59 ET on March 20, 2020 and Fair Grounds Race Course in New Orleans, Louisiana effective 11:59 CT on March 21, 2020 in cooperation with state and local authorities as a precautionary measure to COVID-19. CDI has a 50% equity investment in Miami Valley Gaming.There have been no known cases of COVID-19 at any of these properties and all CDI properties have been and will continue to work closely and cooperatively with the state and local authorities in each state where we operate. CDI will continue to monitor the developments related to COVID-19.About Churchill Downs Incorporated Churchill Downs Incorporated...

CONTINENTAL MATERIALS CORPORATION REPORTS AUDITED 2019 RESULTS

Written by Customer Service on March 23, 2020. Posted in Public Companies.

CHICAGO, March 23, 2020 (GLOBE NEWSWIRE) — Continental Materials Corporation (NYSE American; CUO) today reported a net loss of $13,899,000, or $8.12 per share, for the 2019 fiscal year on sales of $113,276,000. For the 2018 fiscal year, the Company reported a net loss of $5,856,000, or $3.45 per share, on sales of $100,887,000.Consolidated sales in 2019 increased $12,389,000, or 12.3%, compared to 2018. The increase was directly attributable to the higher sales in the HVAC and Door segments reflecting the impact of acquisitions in the second quarter of 2019. The HVAC segment reported sales increases of $8,671,000 (11.8%) primarily due to the acquisitions of Global Flow Products and InOvate Dryer Technologies. The Door segment reported a sales increase of $4,211,000 (20.9%) primarily due to the acquisitions of Fastrac Building Supply...

Day: March 23, 2020

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