Day: April 22, 2020
NEW YORK, April 22, 2020 (GLOBE NEWSWIRE) — Acreage Holdings, Inc. (“Acreage” or the “Company”) (CSE: ACRG.U) (OTCQX: ACRGF) (FSE: 0VZ) today announced it will host a conference call on June 26, 2020 at 8:30 a.m. EDT to discuss Acreage’s first quarter 2020 results, which will be released on June 25, 2020 after the markets close.A webcast will be available and can be accessed via the Acreage’s Investor Relations website http://investors.acreageholdings.com. To listen to the live call, please visit the website at least 15 minutes early to register, download and install any necessary audio software. A playback of the call will be archived on Acreage’s website for approximately 30 days.ABOUT ACREAGEHeadquartered in New York City, Acreage is one of the largest vertically integrated, multi-state operators of cannabis licenses and assets...
Tornado Global Hydrovacs Annual Filings and Business Update
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CALGARY, Alberta, April 22, 2020 (GLOBE NEWSWIRE) — Tornado Global Hydrovacs Ltd. (“Tornado” or the “Company”) (TGH: TSX-V) with reference to its prior news releases dated February 3, 2020 and April 9, 2020 and the related material change reports dated February 7, 2020 April 9, 2020, respectively (the “Prior Business Updates”), Tornado announces today that it will be delaying the filing of its annual financial statements, the accompanying management’s discussion and analysis, and related CEO and CFO certifications for the financial year ended December 31, 2019 (the “Annual Filings”). The Company intends to file its Annual Filings during the week of May 18, 2020.The Canadian Securities Administrators (“CSA”) previously announced that they are providing reporting issuers with a 45-day filing extension for filing...
Martin Midstream Partners Reports First Quarter 2020 Financial Results and Updated 2020 Guidance
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First quarter 2020 Net Income of $8.8 million and adjusted EBITDA of $31.0 millionQuarterly distribution coverage ratio of 7.45xDeclares quarterly cash distribution of $0.0625 per unitUpdates full year 2020 guidance due to uncertainty from the COVID-19 pandemic and destabilized market conditionsKILGORE, Texas, April 22, 2020 (GLOBE NEWSWIRE) — Martin Midstream Partners L.P. (Nasdaq:MMLP) (the “Partnership”) today announced its financial results for the first quarter of 2020.Ruben Martin, President and Chief Executive Officer of Martin Midstream GP LLC, the general partner of the Partnership said, “Operationally the Partnership was not immune to the impact of the COVID-19 pandemic and associated dislocation in the energy industry. However, the strategic steps commenced by the Partnership in July 2018 to return...
Predictive Oncology Exchanges $2.1 Million of Debt for Equity, Streamlining Capital Structure and Simplifying Balance Sheet
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NEW YORK, April 22, 2020 (GLOBE NEWSWIRE) — Predictive Oncology (NASDAQ: POAI) today announced that it has entered into an Exchange Agreement relating to a $2.1 million promissory note of the Company with Dr. Carl Schwartz, the company’s Chief Executive Officer.Under the agreement, Dr. Schwartz has exchanged the note for newly issued shares of common stock, $0.01 par value of the Company at market value. The agreement was negotiated by the Company on an arms-length basis with Dr. Schwartz and approved by the Audit Committee of the Company’s Board of Directors in accordance with the listing requirements of the Nasdaq Stock Market.Dr. Schwartz commented, “This agreement enables the company to strengthen its balance sheet and simplify its capital structure at a critical juncture in our quest to commercialize our highly valuable database...
Parker Declares Quarterly Cash Dividend
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CLEVELAND, April 22, 2020 (GLOBE NEWSWIRE) — Parker Hannifin Corporation (NYSE: PH), the global leader in motion and control technologies, today announced that its Board of Directors has declared a regular quarterly cash dividend of 88 cents per share of common stock to shareholders of record as of May 8, 2020. The dividend is payable June 5, 2020.This is the company’s 280th consecutive quarterly dividend. With this dividend, Parker will have increased its annual dividends per share paid to shareholders for 64 consecutive fiscal years, among the top five longest-running dividend-increase records in the S&P 500 Index.Parker Hannifin is a Fortune 250 global leader in motion and control technologies. For more than a century the company has been enabling engineering breakthroughs that lead to a better tomorrow. Learn more...
Technical Communications Corporation Enters into Loan Agreement with the Small Business Administration under the Paycheck Protection Program
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CONCORD, Mass., April 22, 2020 (GLOBE NEWSWIRE) — Technical Communications Corporation (NasdaqCM: TCCO) today announced that on April 17, 2020, the Company entered into a loan agreement with the U.S. Small Business Administration under its Paycheck Protection Program as authorized under the Coronavirus Aid, Relief and Economic Security Act (the “CARES Act”). The loan is in the amount of $474,400 and a portion of the loan is expected to be forgiven under the provisions of the CARES Act. Any portion of the loan that is not eligible to be forgiven will be paid back over two years at an interest rate of 1% beginning six months from the date of the loan.Commenting on the good news, Carl H. Guild, Jr., President and Chief Executive Officer of TCC, said, “During this difficult time for the country, we are delighted that we were able...
Doré Copper Stepout Drilling Extends Corner Bay Mineralization by 200 Meters Intersecting 7.25 Meters at 2.46% Copper, 0.59 g/t Gold and 5.0 g/t Silver (TW Approx. 4.26 Meters)
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TORONTO, April 22, 2020 (GLOBE NEWSWIRE) — Doré Copper Mining Corp. (the “Company” or “Doré Copper“) (TSXV: DCMC) is pleased to announce two additional intercepts from its 2020 drill program at the Corner Bay deposit. These results complete the assays for drill holes announced on March 3rd, 2020. The two holes extend the deposit approximately 200 meters downdip with the deposit remaining open along strike and down plunge.Highlights:CB-20-16: 7.25 meters of 2.46% Cu, 0.59 g/t Au and 5.0 g/t Ag (TW approx. 4.26 meters)CB-20-16W1: 2.3 meters of 2.67% Cu, 0.17 g/t Au and 6.2 g/t Ag (TW approx. 1.5 meters). This was part of a large mineralized shear zone of 33.1 m (TW 21.85 m) assaying 0.56% Cu.The Company’s drilling program was stopped on March 24th when the Québec government announced the stoppage of all non-essential...
Doré Copper prolonge la minéralisation de Corner Bay de 200 mètres, recoupant 7,25 mètres à 2,46 % cuivre, 0,59 g/t d’or et 5,0 g/t d’argent avec des forages à l’extérieur de la zone (ép.v. approx. 4,26 mètres)
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TORONTO , 22 avr. 2020 (GLOBE NEWSWIRE) — Doré Copper Mining Corp. (la « Société » ou « Doré Copper ») (TSXV: DCMC) est heureuse d’annoncer les résultats de deux intersections additionnelles dans le cadre de son programme de forage 2020 sur le gisement Corner Bay. Ces résultats complètent les analyses des sondages annoncés le 3 mars 2020. Les deux sondages prolongent le gisement d’environ 200 mètres en aval-pendage, le gisement demeurant ouvert latéralement et en profondeur.Points saillants :CB-20-16 : 7,25 mètres à 2,46 % Cu, 0,59 g/t Au et 5,0 g/t Ag (ép.v. approx. 4,26 mètres)CB-20-16W1 : 2,3 mètres à 2,67 % Cu, 0,17 g/t Au et 6,2 g/t Ag (ép.v. approx. 1,5 mètre). Cette zone faisait partie d’une grande zone de cisaillement minéralisée de 33,1 m (ép.v. 21,85 m) titrant 0,56 % Cu.Le programme de forage de la Société...
Chiasma Appoints Anand Varadan as Chief Commercial Officer and Reports Inducement Grant under NASDAQ Listing Rule 5635(c)(4)
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NEEDHAM, Mass., April 22, 2020 (GLOBE NEWSWIRE) — Chiasma, Inc. (NASDAQ: CHMA), a clinical, late stage biopharmaceutical company focused on improving the lives of patients who face challenges associated with their existing treatments for rare and serious chronic diseases, today announced the appointment of Anand Varadan as Executive Vice President, Chief Commercial Officer. Mr. Varadan will lead Chiasma’s commercial strategy and operations.“We are fortunate to have someone of Anand’s caliber join our leadership team. Anand’s prior tenure with Chiasma and his breadth and depth of relevant experience building commercial organizations and leading successful product launches will be critical to our success,” said Raj Kannan, Chief Executive Officer of Chiasma. “Anand’s strategic orientation and leadership skills will be instrumental...
Live Oak Bancshares, Inc. Reports First Quarter 2020 Results
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WILMINGTON, N.C., April 22, 2020 (GLOBE NEWSWIRE) — Live Oak Bancshares, Inc. (Nasdaq: LOB) (“Live Oak” or “the Company”) today reported a first quarter 2020 net loss of $7.6 million, or $(0.19) per diluted share, compared to net earnings of $2.4 million, or $0.06 per diluted share, for the first quarter of 2019. The first quarter of 2020 was largely impacted by risks and uncertainties related to the developing COVID-19 pandemic. “The first quarter of 2020 will always be remembered as an unprecedented time in world history. Despite the challenges thrust upon us all, Live Oak’s people have worked tirelessly throughout this period to connect with each of its customers to understand their situation and offer payment relief. We have been on a relentless pursuit to interpret and implement new loan programs and subsequently deploy...