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Day: April 8, 2020

Pinnacle Bankshares Corporation and Virginia Bank Bankshares, Inc. Announce Delay of Strategic Merger

ALTAVISTA, Va. and DANVILLE, Va., April 08, 2020 (GLOBE NEWSWIRE) — Pinnacle Bankshares Corporation (OTCQX: PPBN) (“Pinnacle”) and Virginia Bank Bankshares, Inc. (OTC Pink: VABB) (“Virginia Bank”) today jointly announced that consummation of the previously announced strategic merger of Virginia Bank with and into Pinnacle will be delayed. Pinnacle and Virginia Bank have jointly concluded that a delay is necessary due to near-term operational challenges as both institutions respond to the COVID-19 outbreak and the resulting volatility in U.S. financial markets as well as the impact on their local communities and economies. Pinnacle and Virginia Bank remain fully committed to completing this transaction once the uncertainty surrounding this pandemic subsides.  Pinnacle and Virginia Bank feel strongly that each bank must prioritize...

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NGS Group AB: Inför korttidsarbete för medarbetare

NGS Group har till följd av utbrottet av coronaviruset Covid-19, beslutat att införa korttidsarbete för cirka 25 medarbetare och har ansökt om ekonomiskt stöd för detta i enlighet med den förändrade lag som gäller från och med den 7 april 2020.De medarbetare som är berörda är verksamma inom NGS tjänsteområden skolbemanning samt rekryterings- och konsultuthyrningstjänster där efterfrågan minskat och förväntas minska med anledning av effekterna av coronona­viruset.Verksamheten i första kvartalet har delvis påverkats av ovanstående. Det är i dagsläget osäkert hur stor påverkan blir på andra kvartalet, beroende på ovissheten kring konsekvenserna av pandemin och de restriktioner som den medför för samhället. NGS vårdbemanning har ökad efterfrågan men utmanas av brist på personal och ökade löneanspråk. Vidare påverkas kvartalet av att NGS personal...

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Lassila & Tikanoja signs a new revolving credit facility

Lassila & Tikanoja plcInvestor newsApril 8, 2020 at 18:00Lassila & Tikanoja signs a new revolving credit facilityLassila & Tikanoja plc has signed a new revolving credit facility of EUR 30 million. The revolving credit facility will mature in the second quarter of 2022. The agreement includes a one-year extension option. The agreement was signed with Danske Bank.The revolving credit facility has two financial covenants that will be reviewed on a quarterly basis: the equity ratio and the ratio of net debt to EBITDA. The revolving credit facility is unsecured.At the same time, Lassila & Tikanoja terminated its current EUR 30 million revolving credit facility, which would have matured in the third quarter of 2020.The company’s revolving credit facility is unused at present.For additional information, please contact:Valtteri...

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Lassila & Tikanoja allekirjoitti uuden sitovan luottolimiitin

Lassila & Tikanoja OyjSijoittajauutinen8.4.2020 klo 18.00Lassila & Tikanoja allekirjoitti uuden sitovan luottolimiitinLassila & Tikanoja Oyj on allekirjoittanut uuden 30 miljoonan euron sitovan luottolimiitin (revolving credit facility). Luottolimiitti erääntyy vuoden 2022 toisella kvartaalilla. Sopimuksessa on yhden vuoden jatko-optio. Sopimus tehtiin Danske Bankin kanssa.Luottolimiitti sisältää kaksi kvartaaleittain tarkasteltavaa taloudellista tunnuslukukovenanttia: omavaraisuusaste sekä nettovelan ja käyttökatteen suhdeluku. Luottolimiitti on vakuudeton.Lassila & Tikanoja on samanaikaisesti irtisanonut nykyisen 30 miljoonan euron sitovan luottolimiitin, joka olisi erääntynyt vuoden 2020 kolmannella kvartaalilla.Yhtiön sitova luottolimiitti on tällä hetkellä käyttämätön.Lisätietoja:talousjohtaja Valtteri Palin,...

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Annual General Meeting of Shareholders: SBM Offshore Company Update and 2020 Resolutions

April 8, 2020Today, the Company held its Annual General Meeting of Shareholders. This release contains the results of that meeting, as well as an update on COVID-19 related matters.Company UpdateSBM Offshore’s priority is the health and safety of its staff, contractors and their families, ensuring safe operations across the Company’s activities at the same time. A dedicated task force continues to monitor the situation at all Company locations across the globe, on a daily basis. The Company follows advice from the relevant authorities and medical experts. SBM Offshore stays in close contact with clients, partners and suppliers.Safe operations of our fleet is of the essence. In the first quarter, the year-to-date uptime of the fleet has been in line with our historical track record. Business continuity protocols have been activated at...

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Notice convening the Annual General Meeting in EAC Invest A/S – Company announcement 12/2020

Copenhagen, 8 April 2020                                   The Annual General Meeting of EAC Invest A/S will take place on Thursday 30 April 2020 at 14.00 pm at East Asiatic House, Indiakaj 16, 2100 Copenhagen Ø.Please find attached the notice including agenda and exhibit.COVID-19The injunctions and regulation adopted in connection with the COVID-19 pandemic, including restrictions on public gatherings, are expected to have consequences on the conducting of the upcoming annual general meeting in EAC Invest A/S. The Company has, however, decided to convene and hold the annual general meeting on 30 April 2020, as originally planned. The general meeting will be held in accordance with the applicable rules and guidelines issued by public authorities. Furthermore, the Company will take any step necessary to ensure the health and security of...

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Indkaldelse til ordinær generalforsamling i EAC Invest A/S – Selskabsmeddelelse nr. 12/2020

København, 8. april 2020                                     Den ordinære generalforsamling i EAC Invest A/S vil blive afholdt torsdag den 30. april 2020 kl. 14:00 i East Asiatic House, Indiakaj 16, 2100 København Ø.Vedhæftet dagsorden med bilag.COVID-19De påbud og regler, der er fastsat i forbindelse med COVID-19-pandemien, herunder begrænsninger i offentlige samlinger, forventes at få konsekvenser for afviklingen af EAC Invest A/S’ kommende ordinære generalforsamling. Selskabet har dog besluttet at indkalde til og afvikle den ordinære generalforsamling den 30. april 2020, som oprindeligt planlagt. Generalforsamlingen vil blive afholdt i overensstemmelse med de regler og anbefalinger fra myndighederne, der gælder på tidspunktet for generalforsamlingen. Selskabet vil derudover tage de skridt, som selskabet finder nødvendige for at sikre...

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Emerging Markets Report – Biotricity’s Bioflux RMT a Critical Tool in Reducing Fatalities Among COVID-19 Patients

ORLANDO, Fla., April 08, 2020 (GLOBE NEWSWIRE) — As government and private institutions race to develop an effective cure for patients infected by COVID-19, two antimalarial drugs–chloroquine and hydroxychloroquine–have shown some possible potential. Under an emergency use authorization (“EUA”), the FDA has authorized these antimalarial drugs to be distributed and prescribed by doctors to COVID-19 patients, as appropriate, when a clinical trial is not available or feasible. Though both drugs are still in their testing phases.Chloroquine and hydroxychloroquine pose cardiac risks. And so managing those risks during the treatment process is key to the successful implementation. In a recent press release, Biotricity (OTC: BTCY), a medical diagnostic and consumer healthcare technology company, announced that its premier product...

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CEMATRIX Corporation Provides Business Update; Addresses Changes to COVID-19 Impact

CALGARY, Alberta, April 08, 2020 (GLOBE NEWSWIRE) — CEMATRIX Corporation (TSXV: CVX) (the “Corporation” or “CEMATRIX”), a North American leading manufacturer and supplier of technologically advanced cellular concrete products, would like to provide a business update related to the impact of COVID-19, as mentioned in its news release dated March 26, 2020.  While the situation continues to be extremely fluid, CEMATRIX projects, including those of its subsidiaries, CEMATRIX (Canada) Inc. (“CCI”), MixOnSite USA Inc. (“MOS”) and Pacific International Grout Company (“PIGCO”) continue to move forward as scheduled.  The COVID-19 virus could still impact CEMATRIX or its operating subsidiaries in some way, but as of today, the Corporation has rectified its short-term cash flow needs and is pouring product in several locations daily...

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Invitation to Northrop Grumman’s First Quarter 2020 Financial Results Conference Call

FALLS CHURCH, Va., April 08, 2020 (GLOBE NEWSWIRE) — Northrop Grumman Corporation (NYSE: NOC) plans to release its first quarter 2020 financial results on Wednesday, April 29, 2020. You are invited to participate in a conference call following this release. The information is:A live audio broadcast of the conference call will be available on the Investor Relations page of the Northrop Grumman website at http://www.northropgrumman.com.For those who cannot participate in this call, it will be archived on the Investor Relations page for a limited time. It will also be recorded and available through Thursday, May. 7, 2020, by calling 1-855-859-2056 (domestic) or 1-404-537-3406 (international).  Please use conference ID 9447018.If you have any questions, please call Todd Ernst, corporate vice president and treasurer, vice president Investor...

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