Day: April 8, 2020

Titanium Transportation Group Recognized in Financial Times’ Brand-new Ranking of America’s Fastest-Growing Companies

BOLTON, Ontario, April 08, 2020 (GLOBE NEWSWIRE) — Titanium Transportation Group Inc. (“Titanium” or the “Company”) (TSX VENTURE:TTR) is pleased to announce it has been recognized on the inaugural Financial Times’ (“FT”) Americas ranking, earning the 490th spot with a three-year compound annual growth rate (“CAGR”) of 18.8%. The FT list of America’s Fastest-Growing Companies rank entrants from across the Americas by their CAGR in revenues between 2015 and 2018.“We are honoured to be recognized by the Financial Times as one of the fastest growing companies in the Americas,” said Ted Daniel, CEO of Titanium. “This achievement is not only a testament to our strategic focus on our people and technology, but also reflects our commitment for responsible top-line growth. We expect our unwavering focus to deliver...

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Micron Solutions, Inc. Announces Voluntary Deregistration of its Common Stock

FITCHBURG, Mass., April 08, 2020 (GLOBE NEWSWIRE) — Micron Solutions, Inc. (OTCQB: MICR) (the “Company”), a diversified contract manufacturing organization, through its wholly-owned subsidiary, Micron Products, Inc., producing highly-engineered, innovative components requiring precision machining and injection molding, announced today the filing of its Form 15 certifying that it has less than 300 stockholders of record and deregistering its Common Stock under Section 12(g) of the Securities Exchange Act of 1934, as amended (the “Exchange Act”) and suspending its reporting obligations under Section 15(d) of the Exchange Act. The Company had previously filed its Form 25 relating to the delisting of its Common Stock on March 26, 2020, with its delisting becoming effective on April 6, 2020 and the Company’s Common Stock is now quoted...

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CF Energy Further Updates on the Effect of the COVID-19 Virus on Business

TORONTO, April 08, 2020 (GLOBE NEWSWIRE) — CF Energy Corp., (TSX-V: CFY) (“CF Energy” or the “Company”, together with its subsidiaries, the “Group”), an energy service provider in the People’s Republic of China (the ”PRC” or “China”) updates that, following the press release of January 27, 2020 regarding the outbreak and impact of the COVID-19 virus on the Group, the Group has experienced a significant drop in its business across all business segments in the first quarter of 2020 due to quarantine and travel restrictions in China. Such impact is expected to continue into the 2020 year. At this stage, it is premature for the Company to estimate the extent of the impact the virus may possibly have on business moving forward as it is dependent on the continuing containment status in China, speed of economic recovery and visitors returning...

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MICROCHIP TECHNOLOGY PROVIDES UPDATE ON MARCH 2020 QUARTER NET SALES AND THE BUSINESS ENVIRONMENT

CHANDLER, Ariz., April 08, 2020 (GLOBE NEWSWIRE) — (NASDAQ: MCHP) – Microchip Technology Incorporated, a leading provider of smart, connected and secure embedded control solutions, today provided an update on its expected March 2020 quarter net sales and the current business environment.  Microchip announced that its net sales for the quarter ending March 31, 2020 is expected to be up about 3% sequentially versus its revised guidance provided on March 2, 2020 of about flat sequentially.  Microchip also announced that it received record bookings for the March 2020 quarter and that its backlog for the June 2020 quarter is up about 9% from the March 2020 quarter backlog at the same point in time.Microchip, however, believes that the strength in bookings may be a result of customer concerns about supply chain disruptions due to the...

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STIFEL TO SERVE AS GATEWAY TO SMALL BUSINESS ADMINITRATION’S PAYCHECK PROTECTION PROGRAM

ST. LOUIS, April 08, 2020 (GLOBE NEWSWIRE) — Stifel Financial Corp. (NYSE: SF) today announced that it is participating in the federal government’s new Paycheck Protection Program (PPP), administered by the Small Business Administration (SBA). This innovative program is aimed at providing financial assistance to small businesses that have been negatively impacted by the COVID-19 pandemic.Through an arrangement with Newtek Business Services Corp. (NASDAQ: NEWT), Stifel is making SBA PPP loan referrals through Newtek’s digital origination platform. In addition, Stifel has entered into a financing agreement with Newtek to provide funding for SBA PPP loans.“We are pleased to actively assist small business clients obtain the emergency funds needed to keep their operations running and employees on the payroll during this unprecedented...

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CRYPTOLOGIC CLOSES TRANSACTION TO SELL 30 MEGAWATT BITCOIN MINING FACILITY

TORONTO, April 08, 2020 (GLOBE NEWSWIRE) — Cryptologic Corp. (“Cryptologic” or the “Company”) (CSE:CRY) announced today that the previously announced transaction (the “Transaction”) to sell all the shares of its wholly-owned subsidiary 9376-9974 Quebec Inc. (“9376”), which holds the rights to a 30 megawatt (“MW”) dedicated cryptocurrency mining operation located in Lachute, Quebec (the “Facility”), to HIVE Blockchain Technologies Ltd. (“Hive”) has closed.As consideration for the shares of 9376, Hive issued 15,000,000 common shares (“Hive Shares”) to the Company at a deemed price of C$0.20 per Hive Share, which are subject to a four-month lock-up agreement, and paid the Company C$1,956,230.60 in cash, being the cash portion of the purchase price as adjusted by estimated closing working capital and a holdback amount. In addition,...

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Fellazo Inc. Announces Plans for Trust Liquidation and Redemption of Public Shares

New York, NY, April 08, 2020 (GLOBE NEWSWIRE) — Fellazo Inc. (the “Company”) announced that, in view of the recent determination by the Nasdaq hearing panel to delist the Company’s securities from The Nasdaq Stock Market, the Company does not believe it will be able to consummate an initial business combination within the time period required by its memorandum and articles of association (the “Charter”). As a result, the Company has determined to liquidate the trust and wind down the company.Pursuant to the Charter, if the Company does not consummate an initial business combination by July 29, 2020, the Company will: (i) cease all operations except for the purpose of winding up, (ii) as promptly as reasonably possible but not more than ten business days thereafter, redeem the public shares, at a per share price, payable in cash, equal...

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CALAVO GROWERS, INC. ANNOUNCES ADDITIONAL ACCESS CAPABILITIES FOR ITS 2020 ANNUAL MEETING OF SHAREHOLDERS

SANTA PAULA, Calif., April 08, 2020 (GLOBE NEWSWIRE) — Calavo Growers, Inc. (Nasdaq-GS: CVGW), a global avocado-industry leader and expanding provider of value-added fresh food, today announced that due to public meeting restrictions and continued public health concerns related to the spread of COVID-19, the Company will provide its shareholders with a conference line and live audio webcast access for its 2020 annual meeting of shareholders to be held on Wednesday, April 22, 2020 at 1:00 pm Pacific Time. The meeting will consist of the formal business portion of the meeting only and the Company is offering this alternative way for shareholders to obtain meeting information without attending in person.  Shareholders interested in joining the live call can dial (877) 407-3982 from the U.S. International callers can dial (201) 493-6780....

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FERRELLGAS, L.P. ANNOUNCES PRICING OF $575 MILLION OF 10.000% SENIOR SECURED FIRST LIEN NOTES DUE 2025

OVERLAND PARK, Kan., April 08, 2020 (GLOBE NEWSWIRE) — Ferrellgas, L.P. (the “Company”) and its wholly-owned subsidiary Ferrellgas Finance Corp. (together, the “Issuers”) announced the pricing of their previously announced offering of $575 million aggregate principal amount of 10.000% Senior Secured First Lien Notes due 2025 (the “Notes”) at an offering price equal to 100% of the principal thereof.  The Notes will be senior secured first lien obligations of the Issuers and will be guaranteed on a senior secured first lien basis by Ferrellgas Partners, L.P., Ferrellgas, Inc. and each existing and future subsidiary of the Company, subject to certain exceptions. The Issuers intend to use a portion of the net proceeds received from the offering of the Notes to repay all of the outstanding indebtedness under the Company’s existing senior...

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SeaBird Exploration: annual report 2019

8 April 2020, Limassol, CyprusSeaBird Exploration is pleased to announce the release of the Group’s annual report 2019. The Group reported its IFRS unaudited fourth quarter and preliminary full year 2019 results on 28 February 2020. There are two changes to the consolidated annual financial statements compared to those presented on 28 February 2020:– $ 572k reversal is booked to restructuring expenses. As a result, loss of the year decreases from $ 23,843k to $ 23,315k– $ 545k long term tax liabilities is reclassified to short term tax liabilities. As a result, long term tax liabilities decreases from $ 808k to $ 263kThe report is attached hereto and is in addition available for viewing or download at www.sbexp.com.SeaBird is a global provider of marine acquisition for 2D/3D and 4D seismic data, and associated products...

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