Day: April 17, 2020

Athabasca Minerals Announces 2019 Year End Financial Results

EDMONTON, Alberta, April 17, 2020 (GLOBE NEWSWIRE) — Athabasca Minerals Inc. (“AMI” or the “Corporation”) – TSXV:AMI – announces its financial results for the fourth-quarter and year-ended December 31, 2019. The Corporation’s 2019 Financial Statements and Management’s Discussion and Analysis (“MD&A”) are available on SEDAR at www.sedar.com and on the Athabasca Minerals Inc. website at www.athabascaminerals.com.Robert Beekhuizen, Chief Executive Officer, states: “We made systematic and measurable progress delivering on our Corporate Strategies in 2019 that levers AMI for continued business transformation and growth in 2020. The Corporation has improved and strengthened its portfolio by diversifying with AMI Aggregates, AMI Silica and AMI RockChain, and from noteworthy 2019 achievements within each of these three subsidiaries....

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THL Credit Senior Loan Fund Declares Monthly Distribution of $0.101 Per Share

BOSTON, April 17, 2020 (GLOBE NEWSWIRE) — THL Credit Senior Loan Fund (the “Fund”) (NYSE: TSLF) today announced the declaration of its monthly distribution of $0.101 per common share, payable on May 4, 2020.  Based on the Fund’s share price of $12.09 as of its close on April 17, 2020, the distribution represents an annualized yield of 10.02%.  Information regarding the distribution rate is included for informational purposes only and is not necessarily indicative of future results, the achievement of which cannot be assured.  The distribution rate should not be considered the yield or total return on an investment in the Fund.The following dates apply to this distribution:A portion of the distribution may be treated as paid from sources other than undistributed net investment income, including but not limited to short-term capital...

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Eagle Growth and Income Opportunities Fund Declares Monthly Distribution of $0.085 Per Share

BOSTON, April 17, 2020 (GLOBE NEWSWIRE) — Eagle Growth and Income Opportunities Fund (the “Fund”) (NYSE: EGIF) today announced the declaration of its monthly distribution of $0.085 per common share, payable on May 4, 2020. Based on the Fund’s share price of $11.28 as of its close on April 17, 2020, the distribution represents an annualized yield of 9.04%. Information regarding the distribution rate is included for informational purposes only and is not necessarily indicative of future results, the achievement of which cannot be assured. The distribution rate should not be considered the yield or total return on an investment in the Fund.The following dates apply to this distribution:A portion of the distribution may be treated as paid from sources other than undistributed net investment income, including but not limited...

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Cresval Announces Annual Filing Update

VANCOUVER, British Columbia, April 17, 2020 (GLOBE NEWSWIRE) — Cresval Capital Corp. (“Cresval” or the “Company”) (TSX-V: CRV) is providing an update on the status of the filing of its annual financial statements, including the accompanying management’s discussion and analysis, and related CEO and CFO certifications for its financial year ended December 31, 2019.On March 18, 2020, the Canadian Securities Administrators (“CSA”) issued a notice stating that securities regulators will be providing coordinated relief consisting of a 45-day extension for certain periodic filings required to be made on or prior to June 1, 2020 as a result of the COVID-19 pandemic.  Accordingly, the British Columbia Securities Commission (“BCSC”) has enacted BC Instrument 51-515, Temporary Exemption from Certain Corporate Finance Requirements (“BCI 51-515”).The...

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Wintrust Financial Corporation to Make Loans to Approximately 8,900 Small Businesses Through the Paycheck Protection Program

ROSEMONT, Ill., April 17, 2020 (GLOBE NEWSWIRE) — Wintrust Financial Corporation (“Wintrust” or “the Company”) (Nasdaq: WTFC) announced today that it secured authorization from the Small Business Administration (SBA) to fund nearly $3.3 billion in loans to approximately 8,900 small businesses through April 16, when the SBA announced that appropriations had been exhausted for the $349 billion Payroll Protection Program (PPP).When the SBA announced that the $349 billion allocation had been fully allocated, Wintrust had secured authorization from the SBA to fund loans for approximately 99 percent of the client applications it had received and processed for approval. Wintrust has since notified and is working with those clients who didn’t receive loan authorization, mainly due to incomplete or ineligible applications, to help review other...

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Solar Alliance to Issue Shares for Debt and Options

TORONTO and KNOXVILLE, Tenn., April 17, 2020 (GLOBE NEWSWIRE) — Solar Alliance Energy Inc. (‘Solar Alliance’) or (the ‘Company’) (TSX-V: SOLR) announces it has reached agreement (“Debt Settlement Agreement”) with certain senior management to fully settle an aggregate of up to $54,999 of unpaid fees for shares in the Company. Pursuant to the Debt Settlement Agreement, the Company would issue up to 1,099,980 common shares of the Company at a deemed price of $0.05 per share to Clark Public Affairs Ltd. (a company controlled by CEO Michael Clark).The Company also reports that the Board of Directors has granted stock options of a total of 2,900,000 common shares to certain Directors and Officer, exercisable for up to five years at a price of C$0.05 per share. The options granted will be subject applicable regulatory hold periods.The...

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Marrone Bio Innovations Provides Corporate Update

DAVIS, Calif., April 17, 2020 (GLOBE NEWSWIRE) — Marrone Bio Innovations Inc. (NASDAQ: MBII) (the “Company” or “Marrone Bio”), an international leader in sustainable bioprotection and plant health solutions, today provided a corporate update on recent corporate governance and operational initiatives.In December 2019, Marrone Bio’s Board of Directors announced that the Company’s founder, Dr. Pamela Marrone, would retire from her position as chief executive officer. At that time, the Board of Directors initiated a search process for a new CEO, and subsequently have identified a final candidate for consideration.“As a result of our ongoing search efforts to replace Marrone Bio’s retiring Founder, Dr. Pam Marrone as Chief Executive Officer, the Board of Directors has identified a final candidate and is moving discussions to an advanced...

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Horizon Bancorp, Inc. Announces Inaugural Earnings Conference Call to Review First Quarter 2020 Results on April 30

MICHIGAN CITY, Ind., April 17, 2020 (GLOBE NEWSWIRE) — (NASDAQ GS: HBNC) Horizon Bancorp, Inc. (“Horizon” or the “Company”) will host a conference call at 7:30 a.m. CT on Thursday, April 30, 2020 to review its first quarter 2020 financial results.The Company’s first quarter 2020 news release will be released after markets close on Wednesday, April 29, 2020. It will be available in the “Investor Relations” section of the Company’s website, www.horizonbank.com. Participants may access the live conference call on April 30, 2020 at 7:30 a.m. CT (8:30 a.m. ET) by dialing 877-317-6789 from the United States, 866-450-4696 from Canada or 412-317-6789 from international locations and requesting “Horizon Bancorp Call.” Please dial in approximately 10 minutes prior to the call.A telephone replay of the call will be available approximately...

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Tyson Foods’ Commitment to Keep Team Members Safe

Video message from Tyson Foods Senior Vice President Hector Gonzalez on the company’s protective measures.Download the video message and other digital assets for media use here.SPRINGDALE, Ark., April 17, 2020 (GLOBE NEWSWIRE) — Tyson Foods, Inc. (NYSE: TSN) Senior Vice President Hector Gonzalez today released a video message addressing the protective measures the company has implemented in facilities to ensure the health and safety of team members.Tyson Foods has taken steps to protect its team members, while continuing to fulfill its role to feed the nation. Some of the measures include taking worker temperatures, requiring protective face coverings and conducting additional cleaning and sanitizing. The company is also implementing social distancing measures, such as installing workstation dividers and providing more breakroom...

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MELCOR REIT Q1 Earnings Date, April Rent Collection Update & AGM Details

EDMONTON, Alberta, April 17, 2020 (GLOBE NEWSWIRE) — Melcor Real Estate Investment Trust (TSX:MR.UN) (the REIT) today announced an operations update as well as a change to the Q1 earnings date and AGM details.OPERATIONS UPDATEThe REIT announced that as of today, it has collected 71% of April rents. By asset class, Retail tenants paid 58% of their total rent due, Office tenants paid 79%, Industrial tenants paid 99% and we received 100% of rents in our residential property.Darin Rayburn, President & CEO commented: “We are proactively working with tenants on a case by case basis and making arrangement for deferrals where appropriate, depending on the tenant’s financial need and potential to access government relief programs. As such, we want to caution unitholders that April rent collections may not be representative of collections...

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