Day: April 8, 2020

CALGARY, Alberta, April 08, 2020 (GLOBE NEWSWIRE) — Canacol Energy Ltd. (“Canacol” or the “Corporation”) (TSX: CNE; OTCQX: CNNEF; BVC: CNEC) is pleased to report on the conventional natural gas prospective resources (resources other than reserves, “ROTR”) for its Esperanza, VIM‐21, VIM‐5, VIM‐19, SSJN-7, and VIM-33 exploration  blocks  located in the Lower Magdalena valley basin, and VMM-45 and VMM-49 exploration blocks located in the Middle Magdalena valley basin of Colombia.  Prospective resources are based on a new independent resources audit prepared by Gaffney, Cline & Associates (“GCA”), effective December 31, 2019 (the “GCA Report”).  Canacol is a natural gas focused exploration and production company, and the largest independent gas producer in Colombia.Canacol Energy Ltd Gross Prospective Resources SummaryGross prospective...

MATTOON, Ill., April 08, 2020 (GLOBE NEWSWIRE) — Consolidated Communications (NASDAQ: CNSL) will host its 2020 annual meeting of stockholders virtually in light of public health concerns regarding the COVID-19 outbreak and to support the health and well-being of meeting participants.The meeting will be held in a virtual only format on April 27, 2020 at 9 a.m. CT. Stockholders will not be able to attend the meeting in person.Stockholders at the close of business on the record date, February 27, 2020, are entitled to attend the annual meeting.  To be admitted to the annual meeting, go to www.virtualshareholdermeeting.com/CNSL2020, and enter the control number found on your proxy card, voting instruction form or notice you previously received. Closed captioning will be provided for the duration of the virtual meeting.The proxy card...

Canvys, PMG and CT Tube Revenues Grow Versus Q3 FY19Q3 FY20 HighlightsNet sales of $38.2 million were down 2.0% from last year’s third quarter, primarily a result of lower sales in PMT from softness in the power grid tube business and the effect of the coronavirus on our China shipments. In addition, Healthcare sales were down overall due to continued lower equipment sales in Latin America.Sales increased for PMG and Semiconductor Wafer Fabrication equipment products. Canvys sales increased by 3.5% and Healthcare CT tube revenues were up by 134.7%.Gross margin increased to 33.1% of net sales versus 31.5% of net sales for the prior year’s third quarter due to product mix and manufacturing efficiencies.Operating expenses decreased $0.4 million to $12.7 million compared to prior year.Operating income was $11,000 compared to an operating...

CALGARY, Alberta, April 08, 2020 (GLOBE NEWSWIRE) — Canacol Energy Ltd. (“Canacol” or the “Corporation”) (TSX:CNE; OTCQX:CNNEF; BVC:CNEC) is pleased to provide the following updates.Canacol Enters Automatic Share Purchase PlanCanacol announced today that in connection with the Corporation’s previously announced normal course ‎issuer bid (“NCIB”) to purchase up to 14,276,439 of its common shares (the “Shares”), it has entered into ‎an automatic share purchase plan (“ASPP”) with its designated broker. The ASPP is intended to allow for ‎the purchase of Shares under the NCIB at times when the Corporation may not ordinarily be permitted to ‎purchase Shares due to regulatory restrictions and customary self-imposed blackout periods.‎Pursuant to the ASPP, the designated broker may purchase up to 13,914,716 Shares...

TORONTO, April 08, 2020 (GLOBE NEWSWIRE) — Tanzanian Gold Corporation’s (TSX:TNX) (NYSE American:TRX) (the “Company’s”) Board of Directors is pleased to provide an update on its Buckreef Project following the press release of March 17, 2020 that announced the results of the 2019 drilling campaign which more than doubled the estimated Mineral Resource in the Measured + Indicated categories for the Buckreef Shear Zone to 2.3 million contained ounces of gold.Drilling continues in the Company’s Phase III (Ultra-deep) program that was announced on February 26, 2020.The Company is today announcing the following additional updates on the Buckreef Project:First Bucket; On April 6 2020 the first bucket was excavated from the Buckreef Open pit, signaling the beginning of mining for ores to be processed by the Company’s new Oxide Plant. Initially...

WILMINGTON, N.C., April 08, 2020 (GLOBE NEWSWIRE) — Live Oak Bancshares, Inc. (“Live Oak”) (Nasdaq: LOB) today announced that it will report its first quarter 2020 financial results after U.S. financial markets close on Wednesday, April 22, 2020.In conjunction with this announcement, Live Oak will host a conference call to discuss the company’s financial results and business outlook on Thursday, April 23, 2020, at 9:00 a.m. ET. To access this call, dial (844) 743-2494 (domestic) or (661) 378-9528 (international) with conference ID 9470049. A live webcast of the conference call will be available on the Investor Relations page of the company’s website at http://investor.liveoakbank.com/. After the conference call, a replay will be available until April 30, 2020, and can be accessed by dialing (855) 859-2056 (domestic)...

VANCOUVER, British Columbia, April 08, 2020 (GLOBE NEWSWIRE) — Westport Fuel Systems Inc. (“Westport Fuel Systems” or the “Company”) (TSX:WPRT / Nasdaq:WPRT) today announced that in response to the ongoing global COVID-19 pandemic, it will host its upcoming Annual and Special Meeting of shareholders (the “Meeting”) in a virtual only format, at the same date and time as originally planned, being April 29, 2020 at 10:00 am Pacific Time.The health and wellbeing of Westport Fuel Systems’ employees, service partners and shareholders is of utmost importance. As the impact of COVID-19 continues to evolve and to ensure compliance with public health measures enacted by the province of British Columbia, the Meeting will be conducted in a virtual only format. Shareholders will no longer be able to attend the Meeting in person as previously...

MCLEAN, Va., April 08, 2020 (GLOBE NEWSWIRE) — Gladstone Commercial Corporation (Nasdaq: GOOD) (“Gladstone Commercial”) announced that it has closed a $1.0 Million Property Assessed Clean Energy (“PACE”) financing for its 260 Springside property in Akron, OH. The rate on the financing is 3.5%. The 84,000 SF single-story multi-tenant office building is 74% leased to Flexsys America L.P. (a subsidiary of Eastman Chemical Company) providing lab and office space for its Tire Additives Technology Center of Excellence. The financings cover 100% of the costs to replace a large portion of the building’s HVAC equipment including conversion from electric to gas for many units, to modernize fume hood controls, to install energy efficient interior lighting, and to tie all of it into a robust energy management system installed in 2019 allowing...

BELLINGHAM, Wash., April 08, 2020 (GLOBE NEWSWIRE) — eXp Realty, the fastest-growing, global residential real estate company and a subsidiary of eXp World Holdings, Inc. (Nasdaq: EXPI), today announced preliminary first-quarter 2020 business highlights and measures to address challenges of the near future real estate environment.First-quarter 2020 Preliminary Business Highlights (unaudited):The number of agents and brokers on the eXp Realty platform increased 59% to 28,449 at the end of the first quarter of 2020, compared to 17,929 a year ago.Residential transaction sides closed for the first quarter of 2020 increased 73% to more than 38,000, compared to 22,307 during the first quarter of 2019.Residential transaction volume closed for the first quarter of 2020 increased 93% to $11.2 billion, compared to $5.8 billion during the first...

MENLO PARK, Calif., April 08, 2020 (GLOBE NEWSWIRE) — Geron Corporation (Nasdaq: GERN) today announced that John A. Scarlett, M.D., Chairman and Chief Executive Officer, is scheduled to present a company overview at the 19th Annual Needham Virtual Healthcare Conference at 10:00 a.m. ET on Wednesday, April 15, 2020.A live audio webcast of the presentation will be available on Geron’s website, www.geron.com/investors/events. If you are unable to listen to the live presentation, an archived webcast will be available on the Company’s website for 30 days.About GeronGeron is a late-stage clinical biopharmaceutical company focused on the development and potential commercialization of a first-in-class telomerase inhibitor, imetelstat, in hematologic myeloid malignancies. For more information about Geron, visit www.geron.com.CONTACT:Suzanne...