Nabis Holdings Inc. to Postpone Annual and Q1 Statutory Filings Due to COVID-19 Related Delays

Written by Customer Service on April 24, 2020. Posted in Public Companies.

VANCOUVER, British Columbia, April 24, 2020 (GLOBE NEWSWIRE) — Nabis Holdings Inc. (CSE:NAB) (OTC: NABIF) (FRA: A2PL) (“NabisTM” or the “Company”), a Canadian investment company with specialty investments in assets across multiple divisions of the cannabis sector, today announced that due to circumstances created by the COVID-19 pandemic, the BCSC and other members of the Canadian Securities Administrators granted “Issuers” in the Canadian securities industry up to an additional 45 days to complete year-end and Q1 F2020 statutory filings. As a result of COVID-19 related inefficiencies, the Company will not be able to file its December 31, 2019 audited annual financial statements, Management Discussion and Analysis and Annual Information Form by its usual 120-day deadline of April 29, 2020 and will be relying on the extension. The...

Grupo Aeroportuario del Pacifico Delaying Filing of Its 2019 Form 20-F and Annual Report

Written by Customer Service on April 24, 2020. Posted in Public Companies.

GUADALAJARA, JALISCO, Mexico, April 24, 2020 (GLOBE NEWSWIRE) — Grupo Aeroportuario del Pacífico, S.A.B. de C.V., (NYSE: PAC; BMV: GAP) (“the Company” or “GAP”) informs that it has elected to delay the release and filing of its 2019 Form 20-F (the “20-F Report”) and Annual Report.Background for DecisionOn March 25, 2020, the U.S. Securities and Exchange Commission (“SEC”) modified an existing order with a new SEC order (Release No. 34-88465), which provides conditional relief to public companies that are unable to comply with their filing obligations in a timely manner as a result of the novel coronavirus COVID-19 (“COVID-19”). This revised order allows companies affected by COVID-19 to file their Form 20-F up to 45 days following the original filing due date (April 30, 2020).On April 8, 2020, in response to the COVID-19 outbreak...

Applied BioSciences Terminates Agreement to Offer Test Kits and Amends March 31, 2020 Press Release

Written by Customer Service on April 24, 2020. Posted in Public Companies.

Los Angeles, CA, April 24, 2020 (GLOBE NEWSWIRE) — Applied BioSciences Corp. (the “Company”; OTCQB: APPB), a vertically integrated company focused on the development and commercialization of novel, science-driven, synthetic cannabinoid therapeutics/biopharmaceuticals that target the endocannabinoid system to treat a wide-range of diseases, today announced that it terminated its agreement with its supplier for COVID-19 test kits. The Company has not distributed, and will not be distributing, the test kit.Additionally, on March 31, 2020, the Company published a press release tilted, “Applied BioSciences Begins Offering Coronavirus Test Kit to the General Public to Combat Spread of COVID-19.” The Company hereby amends such press release to emphasize that while at the time of publication of the March 31, 2020 press release, the US Food...

Monterey Minerals Announces Update to Its Annual Filings

Written by Customer Service on April 24, 2020. Posted in Public Companies.

TORONTO, April 24, 2020 (GLOBE NEWSWIRE) — Monterey Minerals Inc. (CSE: MREY) (“Monterey” or the “Company”), announces that due to the impact on normal working conditions, and other restrictions caused by the COVID-19 pandemic, and pursuant to the blanket relief granted by the Canadian Securities Administrators, the Company will not file its annual financial statements for the year ended December 31, 2019, and its related management’s discussion and analysis, as would otherwise be required by Parts 4 and 5 of National Instrument 51-102-Continuous Disclosure Obligations (collectively, the “Annual Filings”) prior to the filing deadline of April 29, 2020.The Company expects to report its Annual Filings results on or about May 15, 2020 and is afforded a postponement of up to a maximum 45-day extension pursuant to blanket relief...

Pathfinder Income Fund Announces Merger into INDEXPLUS Income Fund

Written by Customer Service on April 24, 2020. Posted in Public Companies.

CALGARY, Alberta, April 24, 2020 (GLOBE NEWSWIRE) — Middlefield Limited (the “Manager”), the manager of Pathfinder Income Fund (“Pathfinder”) (TSX: PCD.UN) and INDEXPLUS Income Fund (MID436) (“Indexplus”), is pleased to announce that Pathfinder will merge into Indexplus (“the Merger”) on or about July 8, 2020 (the date of completion being the “Effective Date”), with Indexplus being the continuing entity following the Merger.The Manager believes that Pathfinder unitholders will benefit from the Merger for the following reasons:Increased liquidity: Pathfinder unitholders will hold Series F units of Indexplus, a low cost open-end mutual fund that offers daily purchases and redemptions at net asset value.Reduced management fee: Pathfinder unitholders will see a management fee reduction from 0.85% to 0.50%.Larger asset base: The Merger...

Summit Community Bank Inc. Completes Its Acquisition of Four WV Eastern Panhandle Branch Banking Offices

Written by Customer Service on April 24, 2020. Posted in Public Companies.

MOOREFIELD, W.Va., April 24, 2020 (GLOBE NEWSWIRE) — Summit Financial Group, Inc. (“Summit”) (NASDAQ: SMMF) today reported that its wholly-owned subsidiary, Summit Community Bank, Inc. has completed its previously announced acquisition of four branch banking offices of MVB Bank, Inc., a wholly-owned subsidiary of MVB Financial Corp. (NASDAQ: MVBF) located in the Eastern Panhandle of West Virginia. Three of the offices are in Berkeley County (651 Foxcroft Ave., Martinsburg; 231 Aikens Center, Martinsburg; and 5091 Gerrardstown Road, Inwood) and one is in Jefferson County (88 Somerset Boulevard, Charles Town).“We are excited to welcome the clients and employees of the four former MVB Bank branches to the Summit Community Bank team,” said Summit’s President and Chief Executive Officer, H. Charles Maddy, III. “Summit is very excited...

Delphi Energy Corp. Granted Extension of Stay Period to May 8, 2020 and Provides Update on Continuous Disclosure Filings

Written by Customer Service on April 24, 2020. Posted in Public Companies.

CALGARY, Alberta, April 24, 2020 (GLOBE NEWSWIRE) — Delphi Energy Corp. (“Delphi” or the “Company”) announces that Delphi has obtained an order from the Court of Queen’s Bench of Alberta (the “Court”) today in support of its restructuring efforts under the Companies’ Creditors Arrangement Act (the “CCAA”). This order amended and restated the initial order of the Court to, among other things, extend the stay period provided by the initial order to May 8, 2020.Update on Continuous Disclosure Filings and Annual General MeetingAs previously announced by Delphi on March 27, 2020, Delphi is relying on exemptive relief recently granted by Canadian securities regulatory authorities that allows it to delay the filing of certain of its continuous disclosure filings. Delphi announces that it continues to rely on exemptive relief to delay the...

ParcelPal Postpones Filing of Audited Financial Statements and MD&A for Year Ended December 31, 2019 Due to COVID-19 Related Delays

Written by Customer Service on April 24, 2020. Posted in Public Companies.

VANCOUVER, British Columbia, April 24, 2020 (GLOBE NEWSWIRE) — ParcelPal Technology Inc. (“ParcelPal” or the “Company”), (PKG:CSE) (FSE:PT0) (OTC:PTNYF) announces that it has postponed filing its audited financial statements and Management’s Discussion & Analysis for the year ended December 31, 2019 (the “Annual Documents”) due to logistics and delays caused by the COVID-19 pandemic.ParcelPal is relying on exemptive relief recently granted by Canadian securities regulatory authorities that allows it to delay the filing of its Annual Documents required by National Instrument 51-102 by April 29, 2020. In response to the COVID-19 pandemic, securities regulatory authorities in Canada have granted a blanket exemption allowing issuers an additional 45 days to complete their regulatory filings.The Company estimates that its 2019 Annual...

Bunker Hill Announces Change in Management

Written by Customer Service on April 24, 2020. Posted in Public Companies.

TORONTO, April 24, 2020 (GLOBE NEWSWIRE) — Bunker Hill Mining Corp. (CSE-BNKR) (“Bunker Hill” or the “Company”) is pleased to announce that Mr. Sam Ash has been appointed as President and Chief Executive Officer of the Company to replace in this position Mr. John Ryan. Mr. Ryan will continue to serve the Company as a member of the Board of Directors.“On behalf of Bunker Hill Mining’s Board of Directors, I am very pleased to welcome Sam Ash as the new CEO,” said Richard Williams, Chairman Bunker Hill Mining. “He is an experienced, visionary and modernizing mining leader with extensive underground mining and commercial experience, and a diverse operational background. We are very excited by his commitment and transformational vision for the mine”.“I also wish to thank John Ryan for his tremendous service in his role as President and...

Sify receives NASDAQ Staff Deficiency letter

Written by Customer Service on April 24, 2020. Posted in Public Companies.

Santa Clara, California, April 24, 2020 (GLOBE NEWSWIRE) — Sify Technologies Limited (NASDAQ: SIFY), headquartered in Chennai, India, received a letter from the Listing Qualifications Department of the Nasdaq Stock Market (“Nasdaq”) indicating that, based upon the closing bid price of the Company’s common stock for the last 30 consecutive business days, the Company did not meet the minimum bid price of $1.00 per share required for continued listing on The Nasdaq Capital Market pursuant to Nasdaq Listing Rule 5550(a)(2). The letter also indicated that the Company will be provided with a compliance period of 180 calendar days in which to regain compliance pursuant to Nasdaq Listing Rule 5810(c)(3)(A).Given the extraordinary market conditions, Nasdaq has determined to toll the compliance periods for the bid price and market value of...

Day: April 24, 2020

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