Day: April 24, 2020

FOLSOM, April 24, 2020 (GLOBE NEWSWIRE) —                                                                                             Investor Contact: Dan Fidell(609) 561-9000 ext. 7027dfidell@sjindustries.comMedia Contact: Marissa Travaline(609) 561-9000 ext. 4227mtravaline@sjindustries.comSJI Appoints Joseph M. Rigby as Chairman of the BoardFOLSOM, NJ, April 24, 2020 – SJI (NYSE: SJI) today appointed Joseph M. Rigby as Chairman of the Board. He replaces Walter M. Higgins III, who retired from the role after five years.A member of the board for four years, Rigby brings significant institutional knowledge and executive experience into his new role. Rigby previously served as Chairman, and President and CEO of Pepco Holdings Inc (PHI) until his retirement in 2016, having also served as PHI’s CFO and COO.  He brings a wide range of...

MONTREAL, April 24, 2020 (GLOBE NEWSWIRE) — Canadian Metals Inc. (“CME” or the “Company”) (CSE: CME) today reports that Mr. Stéphane Leblanc (“Mr. Leblanc”), an insider of the Corporation, has recently acquired beneficial ownership of common shares exceeding 10% of the outstanding common shares of the Company.This reporting threshold was reached with the acquisition of 364,000 common shares in the capital of the Issuer, acquired in open market for investment purposes (the “Acquisition”). Mr. Leblanc reserves the right to purchase additional securities of the Company or from time to time to dispose of any securities of the Company that he may own.Immediate after giving effect to the Acquisition, Mr. Leblanc owns or controls, directly or indirectly, 1,246,775 Shares representing approximately 8.64% of the outstanding shares of the...

BROOKFIELD, Wis., April 24, 2020 (GLOBE NEWSWIRE) — CIB Marine Bancshares, Inc. (the “Company” or “CIBM”) (OTCQB: CIBH), the holding company of CIBM Bank, announced its unaudited results of operations and financial condition for the first quarter of 2020. Net income for the quarter ended March 31, 2020, was $0.8 million or $0.04 basic and $0.02 diluted earnings per share, compared to $0.6 million or $0.03 basic and $0.02 diluted earnings per share for the same period of 2019. Pre-tax income for the quarter ended March 31, 2020, was $1.1 million compared to $0.9 million for the same period of 2019.The increase in net income was the result of a few key factors:The three major lines of revenue were up in the first quarter of 2020 versus the same period in the prior year. Lower rates generated increased mortgage volumes, which drove...

TITUSVILLE, Fla., April 24, 2020 (GLOBE NEWSWIRE) — The Apple Rush Company, Inc. (OTC PINK: APRU) (the “company”) is proud to announce that it will be featured during the halftime show of The Simulation Football League’s (SFL) 14th Championship Game that will be broadcast live Sunday, April 26 at 3 p.m. ET on Eleven Sports, For the Fans television network (DirecTV 623, ESPN 252, Verizon FiOS 597, AT&T U-verse 1665) in a matchup between the Sioux Falls Sparrows (10-4) and the Atlanta Swarm (12-2), both in the Championship Game for the first time in 16 combined seasons. “We’re ready for an exciting conclusion to an amazing season,” said SFL Commissioner Cameron Irvine. “Additionally, we are counting the minutes until we witness the first ever virtual halftime show for the League, which would not be possible without great partners...

Leading provider of innovative blockchain business solutions, Appliqate Inc,NEW YORK, April 24, 2020 (GLOBE NEWSWIRE) — Appliqate Inc “OTC (APQT)” Plows ahead towards its goal of putting blockchain technology front and center in the cryptocurrency world. Kala fully functioning blockchain has thousands of users and a number of milestones coming to fruition, the Kala blockchain is positioned to make a few waves in the crypto world.May 5th, 2020 Kala Coin will be uplisted to a public exchange. By having our coin trade publicly and continuing to integrate with other businesses, Kala sets a new standard in this emerging market.Appliqate intends to launch projects on the near horizon that will continue to add value to Kala’s utility.Kala wallet which will have the ability to purchase and store Bitcoin.Kala wallet will also have the ability...

The Board of Directors of Marel hf. resolved on 24 April to grant to employees up to 6,115,000 shares through stock option agreements, thereof 2,420,000 to the Executive Team. The stock options will be granted to the Executive Team and to selected employees in strategic positions.The aim of the stock option agreements is to align long-term interests of employees and of the Company. The key terms and conditions of the new stock option program were approved by Marel’s Annual General Meeting on 6 March 2019 in accordance with the Company’s Remuneration Policy as approved at Marel’s Annual General Meeting on 18 March 2020. Key terms and conditions of the agreements are as follows:The stock option agreements entitle purchase of shares at the base exercise price of EUR 3.80 per share.1 The exercise price shall be adjusted for any dividend...

Stjórn Marel hf. ákvað þann 24. apríl 2020 að veita starfsmönnum kauprétti að allt að 6.115.000 hlutum í félaginu, þar af 2.420.000 til framkvæmdastjórnar. Kaupréttirnir verða veittir meðlimum framkvæmdastjórnar og tilteknum starfsmönnum félagsins í lykilstöðum.Kaupréttarsamningunum er ætlað að samtvinna hagsmuni starfsmanna og félagsins til lengri tíma. Skilmálar eru í samræmi við kaupréttarkerfi sem samþykkt var á aðalfundi Marel hf. þann 6. mars 2019 og í samræmi við starfskjarastefnu félagsins sem samþykkt var á aðalfundi Marel hf. þann 18. mars 2020.Meginefni kaupréttarsamninganna er eftirfarandi:Veittur er kaupréttur á hlutabréfum á grunnverðinu EUR 3,80 á hlut.1 Verðið skal leiðrétt fyrir arðgreiðslum sem kunna að verða ákveðnar frá útgáfudegi kaupréttanna.Ávinnslutími (e. vesting time) er þrjú ár frá úthlutun. Heimilt verður að...

CONCORD, NC, April 24, 2020 (GLOBE NEWSWIRE) — via NEWMEDIAWIRE – Hydromer (OTCQB: HYDI) announced today that it will be the exclusive coating supplier and manufacturing partner for N8 Medical’s CeraShield™ Endotracheal Tube. Health Canada has granted emergency use access marketing approval for the CeraShield™ Endotracheal Tube for all Canadian mechanically-ventilated COVID-19 patients.N8’s CeraShield™ tube has a patented anti-fouling coating to prevent deadly bacterial infections that frequently occur in ventilated patients. Conventional endotracheal tubes allow pathogenic bacteria to rapidly grow on the tube surfaces and are a source of infection that may lead to acute kidney injury, sepsis and death.“N8’s CeraShield™ Endotracheal Tube may reduce secondary bacterial infections, save lives and expand ventilator resource capacity...

GRIMSBY, Ontario, April 24, 2020 (GLOBE NEWSWIRE) — Andrew Peller Limited (TSX: ADW.A/ADW.B) will issue its financial results for the three months and year ended March 31, 2020 on:The afternoon of Wednesday, June 10, 2020A telephone conference call hosted by John Peller, Chief Executive Officer, Randy Powell, President, and Steve Attridge, Chief Financial Officer will be held:Thursday, June 11, 2020 at 9.30 am ETThe telephone numbers for the conference call are:Local Toronto / International: (416) 406-0743North American Toll Free: (800) 806-5484The telephone numbers to listen to the call after it is completed (Instant Replay) are (905) 694-9451 or toll free (800) 408-3053. The Passcode for the Instant Replay is 3162957#. The Instant Replay will be available until midnight, July 13, 2020 and a recording will be available on the Company’s...

TORONTO, April 24, 2020 (GLOBE NEWSWIRE) — Fairfax Financial Holdings Limited (“Fairfax”) (TSX: FFH and FFH.U) announces that it has priced a private offering of US$650,000,000 of Fairfax’s Senior Notes due 2030 (the “Notes”) at an issue price of 100%. The Notes will be unsecured obligations of Fairfax and will pay a fixed rate of interest of 4.625% per annum. Fairfax also intends to enter into a registration rights agreement in connection with the offering. Fairfax intends to use a portion of the net proceeds from this offering to repay indebtedness under its unsecured revolving credit facility. Any net proceeds in excess of this amount will be used to repay outstanding debt of Fairfax and its subsidiaries and for general corporate purposes of Fairfax and its subsidiaries. This may include the redemption or repurchase of certain...