Month: March 2020

HOUSTON, March 30, 2020 (GLOBE NEWSWIRE) — Contango Oil & Gas Company (NYSE American: MCF) (“Contango” or the “Company”) announced today its financial results for the fourth quarter and twelve months ended December 31, 2019. Fourth Quarter 2019 HighlightsClosed on purchase agreements with Will Energy Corporation (“Will Energy”) and White Star Petroleum, LLC and certain affiliates (“White Star”) to acquire certain producing assets and undeveloped acreage, primarily in Oklahoma, for approximately $14.75 million in cash and 3.5 million common shares and approximately $95.9 million in cash, respectively, in each case after closing adjustments. The Will Energy and White Star acquisitions closed on October 25th and November 1st, respectively. Completed two equity private placements during the fourth quarter to partially fund the...

Extended Suspension Includes Voyages for Norwegian Cruise Line, Oceania Cruises and Regent Seven Seas Cruises with Embarkation Dates from April 12 through May 10, 2020Suspension Contributes to Global Efforts to Stem the Spread of COVID-19 CoronavirusMIAMI, March 30, 2020 (GLOBE NEWSWIRE) — Norwegian Cruise Line Holdings Ltd. (“Norwegian” or “the Company”) (NYSE: NCLH), a leading global cruise company which operates the Norwegian Cruise Line, Oceania Cruises and Regent Seven Seas Cruises brands, today announced an extension of its previously announced voluntary suspension of all cruise voyages to include voyages embarking between April 12 and May 10, 2020 for its three cruise brands. The extended suspension contributes to the global efforts to contain the spread of COVID-19, which has also resulted in travel restrictions and continued...

London, March 30, 2020Since the beginning of the COVID-19 pandemic outbreak, CNH Industrial (NYSE: CNHI / MI: CNHI) has been proactively taking all appropriate measures to ensure the health and safety of its employees, the continuity of its industrial and distribution infrastructure, and its supply chain. All these efforts are geared to ensure that the needs of our customers are met, even in these unprecedented circumstances.In light of the significant deterioration of the macro-economic environment triggered by the global spread of the COVID-19 virus and the resulting market uncertainty, the impact that such events may have on the Company’s 2020 financial results cannot be reasonably estimated at this time due to the rapid development and fluidity of the situation.As a result, CNH Industrial withdraws its financial outlook for...

VANCOUVER, British Columbia, March 30, 2020 (GLOBE NEWSWIRE) — MAG Silver Corp. (TSX / NYSE American: MAG) (“MAG” or the “Company”) announces the Company’s audited consolidated financial results for the year ended December 31, 2019.  For details of the audited consolidated financial statements, Management’s Discussion and Analysis, Annual Information Form and Annual Report on Form 40-F for the year ended December 31, 2019, please see the Company’s filings on SEDAR (www.sedar.com) or on EDGAR (www.sec.gov). All amounts herein are reported in $000s of United States dollars (“US$”) unless otherwise specified.HIGHLIGHTS – DECEMBER 31, 2019 AND SUBSEQUENT TO YEAR ENDJoint formal Juanicipio Project mine development approval by Fresnillo plc (“Fresnillo”) and MAG was announced in the second quarter of 2019 (see Press Release dated...

BURLINGAME, Calif., March 30, 2020 (GLOBE NEWSWIRE) — AeroCentury Corp. (“AeroCentury” or the “Company”) (NYSE American: ACY), an independent aircraft leasing company, today reported a fourth quarter 2019 net loss of $7.0 million, or ($4.55) per share, compared to a net loss of $3.8 million, or ($2.48) per share, for the fourth quarter of 2018.  Net loss for the year ended December 31, 2019 was $16.7 million or ($10.78) per share, as compared to a net loss of $8.1 million, or ($5.58) per share in 2018.  The results for the fourth quarter of 2018 and subsequent periods reflect the combined operations of AeroCentury and its subsidiary, JetFleet Holding Corp. (“JetFleet”), which was acquired by the Company on October 1, 2018.The termination of the leases for, and repossession of, four aircraft from one of the Company’s lessees  (“Repossessed...

HAMILTON, Bermuda, March 30, 2020 (GLOBE NEWSWIRE) — Blue Capital Reinsurance Holdings Ltd. (NYSE:BCRH) (“Blue Capital” or the “Company”) announces that today it has filed a Form 15 with the U.S. Securities and Exchange Commission (the “SEC”) to voluntarily deregister its common stock and suspend its reporting obligations under the Securities Exchange Act of 1934, as amended (the “Exchange Act”). As a result of the Form 15 filing, the Company will no longer be required to file certain reports under the Exchange Act, including quarterly reports on Form 10-Q, annual reports on Form 10-K, and current reports on Form 8-K.On March 19, 2020, the Company filed a Form 25 (Notification of Removal from Listing and/or Registration under Section 12(b) of the Securities Exchange Act of 1934) with the SEC in order to voluntarily delist...

WINNIPEG, Manitoba, March 30, 2020 (GLOBE NEWSWIRE) — (TSX: NWC)

NEW YORK, March 30, 2020 (GLOBE NEWSWIRE) — Weyland Tech, Inc. (OTCQX: WEYL), a leading global provider of mCommerce platform-as-a-service (PaaS), reported results for the fourth quarter and full year ended December 31, 2019. All quarterly and yearly comparisons are to the same year-ago period unless otherwise noted.Financial HighlightsQ4 2019 revenue, comprised of recurring subscription fees, totaled a record $10.0 million, up 11% from the previous quarter and up 86% from the year-ago quarter.Full-year 2019 revenue increased 53% to a record $34.6 million.Full-year 2019 gross profit increased 55% to $6.2 million, with gross margin improving 30 basis points to 18.0%Cash and cash equivalents totaled $3.0 million at December 31, 2019.Q4 2019 Operational HighlightsIncreased adoption of the company’s CreateApp mobile app solution for...

VANCOUVER, British Columbia, March 30, 2020 (GLOBE NEWSWIRE) — Wealth Minerals Ltd. (the “Company” or “Wealth”) – (TSXV: WML; OTCQX: WMLLF; SSE: WMLCL; Frankfurt: EJZN), is providing an update on the status of the filing of its annual financial statements and accompanying management’s discussion and analysis, and related CEO and CFO certifications for the financial year ended November 30, 2019 (collectively “the Annual Filings”), which were required to be filed by today under National Instrument 51-102.On March 18, 2020, the Canadian Securities Administrators (“CSA”) announced that they will provide issuers with a 45-day filing extension for filings required on or before June 1, 2020 to allow issuers the time needed to focus on the many other business and financial reporting implications of COVID-19.  Wealth will rely on this...