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Day: April 8, 2020

PERFORMANCE SHIPPING INC. ANNOUNCES REPURCHASE OF ALL SERIES B-2 PREFERRED SHARES

ATHENS, Greece, April 08, 2020 (GLOBE NEWSWIRE) — Performance Shipping Inc. (NASDAQ: PSHG), (the “Company”), a global shipping company specializing in the ownership of vessels, today announced that it has repurchased and cancelled all of its 400 remaining issued and outstanding Series B-2 Preferred Convertible Shares from an unaffiliated third party at their stated value of $1,000 per share.  Prior to their cancellation, the Series B-2 Preferred Shares entitled their holder to convert each of their Series B-2 Preferred Share into common shares of the Company at a conversion price equal to a discounted volume weighted average price of the Company’s common shares.  Commenting on the repurchase and cancellation of the Series B-2 Preferred Convertible Shares, Mr. Andreas Michalopoulos, the Company’s Deputy Chief Executive Officer, stated:“The...

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Morien Announces Suspension of Quarterly Dividend

HALIFAX, Nova Scotia, April 08, 2020 (GLOBE NEWSWIRE) — Morien Resources Corp. (“Morien” or the “Company”) (TSXV:MOX), announced today that with the recent placement of the Donkin Mine on care and maintenance, its Board of Directors (the “Board”) has made the decision to suspend the Company’s quarterly dividend until further notice.  Notwithstanding that it has a strong balance sheet, Morien’s Board and management believe that it is prudent to maximize financial flexibility and the dividend suspension is in the best interest of all of the Company’s stakeholders.  The Company will also continue to pursue cost saving initiatives.  When the future of the Donkin Mine is better understood, the Board will re-assess the payment of a dividend. For more information on the idling of the Donkin Mine, please click here...

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Announcement of the net asset value of INVL Technology as of 31 December 2019

As provided in Section XI ‘Calculation of the Net Asset Value’ of the Articles of Association of INVL Technology, the net asset value of the Company was EUR 28,958,136.53 or EUR 2.3784 per share on 31 December 2019.The person authorized to provide additional information:Kazimieras TonkūnasINVL Technology Managing PartnerE-mail k.tonkunas@invltechnology.lt

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Skelbiama SUTPKIB „INVL Technology“ grynųjų aktyvų vertė 2019 m. gruodžio 31 d.

Atsižvelgiant į SUTPKIB „INVL Technology“ įstatų XI skyrių „Grynųjų aktyvų vertės skaičiavimas“, skelbiama bendrovės grynųjų aktyvų vertė 2019 m. gruodžio 31 d. yra 28 958 136,53 eurai arba 2,3784 euro akcijai.Asmuo, įgaliotas suteikti papildomą informaciją:Kazimieras TonkūnasUTIB „INVL Technology“ vadovaujantysis partnerisEl. paštas k.tonkunas@invltechnology.lt

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Audited Results of INVL Technology for 2019, Also Management’s Comment Regarding the Impact of the Coronavirus (covid–19)

As of 31 December 2019, INVL Technology’s equity amounted to EUR 28.96 million or EUR 2.38 per share.The net audited profit of the company in 2019 amounted to EUR 933 thousand.Additional information:The equity of INVL Technology, a company that invests in IT businesses, was EUR 29 million at the end of 2019, or EUR 2.38 per share. The latter figure increased 3.3% during the year. The value of the company’s financial assets at the end of the reporting period was EUR 25.9 million and increased EUR 1.7 million during the year. Audited net profit for 2019, including revaluation of financial assets, was EUR 0.9 million, and compared with 2018 decreased 77.9%.The aggregated revenues of the businesses INVL Technology owns increased 6% in 2019 to EUR 34.5 million (from EUR 32.6 million in 2018), while aggregate EBITDA was EUR 2.26 million...

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AUDITUOTI „INVL TECHNOLOGY“ 2019 M. VEIKLOS REZULTATAI BEI VADOVYBĖS KOMENTARAS DĖL KORONAVIRUSO (COVID–19) ĮTAKOS

2019 m. gruodžio 31 d. „INVL Technology“ nuosavas kapitalas siekė 28,96 mln. EUR arba 2,38 euro akcijai.Grynasis audituotas 2019 m. bendrovės pelnas siekė 933 tūkst. eurų.Papildoma informacija:Investicijų į informacinių technologijų verslus bendrovės „INVL Technology“ nuosavas kapitalas 2019 m. pabaigoje buvo 29 mln. eurų arba 2,38 euro akcijai. Pastarasis rodiklis per metus padidėjo 3,3 proc. Bendrovės finansinio turto vertė ataskaitinio laikotarpio pabaigoje pasiekė 25,9 mln. eurų ir per metus padidėjo 1,7 mln. eurų. Audituotas grynasis pelnas, įvertinus finansinio turto perkainojimą, per 2019 m. siekė 0,9 mln. eurų ir, lyginant su 2018 m., sumažėjo 77,9 proc.2019 m. agreguotos „INVL Technology“ valdomų įmonių pajamos didėjo 6 proc. ir pasiekė 34,5 mln. eurų (2018 m. buvo 32,6 mln. eurų), agreguota EBITDA siekė 2,26 mln. eurų (2019...

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Presentation of INVL Technology

INVL Technology announces a presentation that will be used for the meetings with investors.Additional information:The equity of INVL Technology, a company that invests in IT businesses, was EUR 29 million at the end of 2019, or EUR 2.38 per share. The latter figure increased 3.3% during the year. The value of the company’s financial assets at the end of the reporting period was EUR 25.9 million and increased EUR 1.7 million during the year. Audited net profit for 2019, including revaluation of financial assets, was EUR 0.9 million, and compared with 2018 decreased 77.9%.The aggregated revenues of the businesses INVL Technology owns increased 6% in 2019 to EUR 34.5 million (from EUR 32.6 million in 2018), while aggregate EBITDA was EUR 2.26 million (the previous year’s EBITDA figure is not directly comparable due to a change of accounting...

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SUTPKIB „INVL Technology“ prezentacija investuotojams

SUTPKIB „INVL Technology“ skelbia prezentaciją, kuri bus naudojama susitikimuose su investuotojais.Papildoma informacija:Investicijų į informacinių technologijų verslus bendrovės „INVL Technology“ nuosavas kapitalas 2019 m. pabaigoje buvo 29 mln. eurų arba 2,38 euro akcijai. Pastarasis rodiklis per metus padidėjo 3,3 proc. Bendrovės finansinio turto vertė ataskaitinio laikotarpio pabaigoje pasiekė 25,9 mln. eurų ir per metus padidėjo 1,7 mln. eurų. Audituotas grynasis pelnas, įvertinus finansinio turto perkainojimą, per 2019 m. siekė 0,9 mln. eurų ir, lyginant su 2018 m., sumažėjo 77,9 proc.2019 m. agreguotos „INVL Technology“ valdomų įmonių pajamos didėjo 6 proc. ir pasiekė 34,5 mln. eurų (2018 m. buvo 32,6 mln. eurų), agreguota EBITDA siekė 2,26 mln. eurų (2019 m. pasikeitus apskaitos principams, ankstesnio laikotarpio EBITDA rodiklis...

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Seelos Therapeutics Provides Q1 2020 Business Update and Pipeline Developments

NEW YORK, April 08, 2020 (GLOBE NEWSWIRE) — Seelos Therapeutics, Inc. (Nasdaq: SEEL), a clinical-stage biopharmaceutical company focused on the development of therapies for central nervous system disorders and rare diseases, today provides its first quarter business update and pipeline developments.Business UpdateWhile the COVID-19 outbreak is reaching unprecedented pandemic levels globally, Seelos empathizes with those experiencing the devastating loss of life and the transformation of their daily lives. History has shown that the need for mental health treatment surges surrounding tragedies that have caused a major loss of human life, financial disruptions and increased unemployment. As we work through this crisis, we are acutely aware of the issues that may grow and likely persist in the aftermath.Seelos is on the frontline of...

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Capital Power announces date for release of its first quarter 2020 financial results and analyst conference call

EDMONTON, Alberta, April 08, 2020 (GLOBE NEWSWIRE) — Capital Power Corporation (TSX: CPX) will release its first quarter 2020 results before the markets open on May 4, 2020. Management will host a conference call with analysts on the same day at 9:00 a.m. MT (11:00 a.m. ET) to discuss its first quarter operating and financial results.Analyst Conference Call (dial-in numbers)   (604) 638-5340 (Vancouver)   (403) 351-0324 (Calgary)   (416) 915-3239 (Toronto)   (514) 375-0364 (Montreal)   (800) 319-4610 (toll-free from Canada and USA)Analyst Conference Call WebcastInterested parties may also access the live webcast at www.capitalpower.com with an archive of the webcast available following the conclusion of the analyst conference call.About Capital PowerCapital Power (TSX: CPX) is a growth-oriented North American power producer headquartered...

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