Month: March 2020

NEWMARKET, Ontario, March 19, 2020 (GLOBE NEWSWIRE) — AirBoss of America Corp. (TSX:BOS), today announced an update on its business operations in response to the evolving COVID-19 pandemic. AirBoss had previously taken a number of steps to ensure the health and safety of its employees and customers including: ramping up cleaning and hygiene procedures at all facilities across the organization; cancelling all non-essential  travel; encouraging employees to work from home where possible; and taking appropriate precautions with visitors to its facilities. In light of the recent announcements by North America’s “Big Three” automakers to temporarily suspend or slow down production until at least March 30, 2020, AirBoss may need to similarly suspend production of automotive components at its Engineered Products business in Auburn Hills,...

WALTHAM, Mass., March 19, 2020 (GLOBE NEWSWIRE) — Great Elm Capital Corp. (“we,” “us,” “our” or “GECC”), (NASDAQ: GECC), today announced its financial results for the quarter and year ended December 31, 2019.FINANCIAL HIGHLIGHTSAs of December 31, 2019, we maintained a strong balance sheet with approximately $15.6 million of cash, cash equivalents and money market fund investments and no maintenance covenants in our outstanding debtNet investment income (“NII”) for the quarter ended December 31, 2019 was approximately $2.5 million, or $0.25 per share, equating to greater than 1.0x distribution coverageIn December 2019, our Board of Directors (the “Board”) declared a special distribution of $0.05 per share, paid to shareholders of record in January 2020. Including base distributions, we declared approximately $1.05 per share in total...

Company announcement no 02 – 2019 March 2020NTG Nordic Transport Group A/S appoints new Group CEOThe board of directors of NTG Nordic Transport Group A/S (“NTG”) has today appointed Michael Larsen as Group CEO effective 1 May 2020. Jesper Petersen and Mikkel Fruergaard will continue as members of the Executive Board with responsibility for their respective divisions in the NTG group.The future Executive Board will be:Michael Larsen, Group CEOJesper Petersen, Head of Road & LogisticsMikkel Fruergaard, Head of Air & OceanChristian D. Jakobsen, Group CFOEivind Kolding, Chairman of the NTG Board of Directors, says: “Up to and during the listing of NTG, an Executive Board with 3 Executive Officers was a convenient structure to develop the business of NTG and carry out the transformation to a listed company. As the journey continues,...

SIERRA BLANCA, TX, March 19, 2020 (GLOBE NEWSWIRE) — via NEWMEDIAWIRE — Texas Mineral Resources Corp. (OTCQB: TMRC):·    Decorated Officer Served as Commanding General of the U.S. Army Materiel Command·    Currently a Member of the DoD Defense Science Board   Texas Mineral Resources Corp. (TMRC), an exploration company targeting the heavy rare earths and a variety of other high-value elements and industrial minerals, is pleased to announce that General Paul J. Kern, US Army (Ret.) has joined the USA Rare Earth LLC, Board of Directors.  USA Rare Earth is the funding and development partner of TMRC’s Round Top Heavy Rare Earth and Critical Minerals Project in West Texas.General Kern had a distinguished career in the US Army spanning nearly 40 years. He rose to the position of the Commanding General, Army Materiel Command (AMC),...

ROCHESTER HILLS, Michigan, March 19, 2020 (GLOBE NEWSWIRE) — InfuSystem Holdings, Inc. (NYSE American: INFU), (“InfuSystem” or the “Company”), a leading national health care service provider, facilitating outpatient care for durable medical equipment manufacturers and health care providers, today reported financial results for the fourth quarter and full year ended December 31, 2019.Fourth Quarter and Full Year HighlightsNet revenues for the fourth quarter and full year 2019 were $21.7 million and $81.1 million, respectively, an increase of 23.6% and 20.8%, from the same prior year periods.Net income for the fourth quarter and full year of 2019 were $0.8 million and $1.4 million, respectively, an increase of 392.7% and 224.3%, from the same prior year periods.Adjusted earnings before interest, income taxes, depreciation, and amortization...

Sievi Capital OyjSisäpiiritieto 19.3.2020 klo 12.25Sievi Capitalin sijoituskohteen Indoor Groupin toimintaympäristö heikentynytSievi Capitalin sijoituskohteen Indoor Group Holdingin (”Indoor Group”) toimintaympäristö on heikentynyt nopeasti koronaviruksen (COVID-19) levinneisyyden ja taloudellisen epävarmuuden kasvun takia. Toimintaympäristön muutoksella arvioidaan olevan merkittävä negatiivinen vaikutus Indoor Groupin myyntiin lyhyellä aikavälillä. Indoor Group on aloittanut toimenpiteet, joilla kustannuksia pyritään sopeuttamaan muuttuneessa markkinatilanteessa.SIEVI CAPITAL OYJPäivi MarttilatoimitusjohtajaLISÄTIETOJA: toimitusjohtaja Päivi Marttila, puh. 0400 285 358JAKELUNasdaq Helsinki OyKeskeiset tiedotusvälineetwww.sievicapital.fiSievi Capital on pörssilistattu (Nasdaq Helsinki) pääomasijoitusyhtiö, joka tekee sijoituksia pieniin...

ORION CORPORATION STOCK EXCHANGE RELEASE 19 MARCH 2020 at 12.20 EET                      Orion cancels its Annual General Meeting on Wednesday 25 March 2020 and postpones it to a later dateDue to the development of the coronavirus situation and the announcements by the Finnish Government, Orion’s Board of Directors has decided to cancel the Annual General Meeting convened for Wednesday 25 March 2020.  Orion takes the coronavirus situation seriously and does not want to jeopardise the health of employees, shareholders and other stakeholders that are attending the Annual General Meeting. The Finnish Government announced on 16 March 2020 that due to the coronavirus situation public gatherings will be limited to a maximum of ten persons. Due to these reasons, the Board of Directors of Orion has decided to cancel the Annual General Meeting...

ORION OYJ                          PÖRSSITIEDOTE                  19.3.2020        KLO 12.20         Orion peruuttaa varsinaisen yhtiökokouksen keskiviikolta 25.3.2020 ja siirtää sen myöhemmin ilmoitettavaan ajankohtaanKoronavirustilanteen kehittymisen sekä Suomen hallituksen tekemien linjausten seurauksena Orionin hallitus on päättänyt perua keskiviikoksi 25.3.2020 koolle kutsutun varsinaisen yhtiökokouksen.Orion suhtautuu koronavirustilanteeseen vakavasti eikä halua vaarantaa yhtiökokoukseen osallistuvien työntekijöiden, osakkaiden tai muiden läsnäolevien sidosryhmien terveyttä. Suomen hallitus ilmoitti 16.3.2020, että koronavirustilanteen vuoksi julkiset kokoontumiset Suomessa rajoitetaan korkeintaan kymmeneen henkilöön. Näistä syistä johtuen Orionin hallitus on päättänyt perua 25.3.2020 koolle kutsutun yhtiökokouksen.Orionin hallitus...

MIDLAND, Texas, March 19, 2020 (GLOBE NEWSWIRE) — Rattler Midstream LP (NASDAQ: RTLR) (“Rattler” or the “Company”), a subsidiary of Diamondback Energy, Inc. (NASDAQ: FANG) (“Diamondback”), today provided the following update. Given recent commodity price volatility, Rattler’s 2020 Guidance given on February 18, 2020 is being withdrawn, and the items specified below are updated as follows:Guidance Update(a)  Includes Equity Method Investment EBITDA(b)  Includes EPIC, Gray Oak, Wink to Webster, OMOG and Amarillo Rattler joint ventures“Rattler has dramatically reduced its 2020 capital budget by over 40% due to the lower expected activity levels at Diamondback for the year.  EBITDA guidance has been reduced by ~25% at the midpoint, which assumes a 15% – 25% reduction in equity method EBITDA contributions for the year as well as...