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Month: April 2020

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

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...

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

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...

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Bunker Hill Announces Change in Management

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...

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Sify receives NASDAQ Staff Deficiency letter

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...

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Marksmen Announces Delay in Filing Annual Financial Statements

CALGARY, Alberta, April 24, 2020 (GLOBE NEWSWIRE) — Marksmen Energy Inc. (“Marksmen” or the “Company”) announces that due to circumstances created by the COVID-19 pandemic, it is relying on the exemption provided in Alberta Instrument 51-517 – Temporary Exemption from Certain Corporate Finance Requirements (the “Alberta Instrument”) of the Alberta Securities Commission (and similar exemptions provided by the securities commission in British Columbia) to postpone the filing of the following continuous disclosure documents (collectively the “Documents”):the Company’s Annual Audited Financial Statements for the twelve-month period ended December 31, 2019 as required by section 4.2 of National Instrument 51-102 – Continuous Disclosure Obligations (“NI 51-102”); the Company’s Management Discussion & Analysis...

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Allegiance Bancshares, Inc. Announces New Directors and Declaration of Dividend

HOUSTON, April 24, 2020 (GLOBE NEWSWIRE) — Allegiance Bancshares, Inc. (NASDAQ: ABTX) (“Allegiance”), the holding company of Allegiance Bank, announced the addition of Ms. Denise Castillo-Rhodes and Ms. Janet S. Wong to Allegiance’s Board of Directors. “I am very pleased that Ms. Castillo-Rhodes and Ms. Wong have agreed to join our Board,” said George Martinez, Chairman of Allegiance.Ms. Castillo-Rhodes is currently the Executive Vice President and Chief Financial Officer of Texas Medical Center, where she oversees accounting, finance, billing and collections and tax compliance. Ms. Castillo-Rhodes is a certified public accountant and a member of the American Institute of Certified Accountants, the Texas Society of Certified Public Accountants and the Houston Chapter of Certified Public Accountants. Ms. Castillo-Rhodes’ professional...

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Fairfax Announces Conference Call

TORONTO, April 24, 2020 (GLOBE NEWSWIRE) — Fairfax Financial Holdings Limited (TSX: FFH and FFH.U) will hold a conference call at 8:30 a.m. Eastern Time on Friday, May 1, 2020 to discuss its 2020 first quarter results, which will be announced after the close of markets on Thursday, April 30, 2020 and will be available at that time on its website at www.fairfax.ca.  The call, consisting of a presentation by the company followed by a question period, may be accessed at (888) 390-0867 (Canada and U.S.) or 1 (212) 547-0141 (International) with the passcode “2675260”.A replay of the call will be available from shortly after the termination of the call until 5:00 p.m. Eastern Time on Friday, May 15, 2020.  The replay may be accessed at (888) 566-0470 (Canada and U.S.) or 1 (203) 369-3050 (International).Fairfax is a holding company which,...

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BlackRock® Canada Announces Final April Cash Distributions for the iShares® Premium Money Market ETF

TORONTO, April 24, 2020 (GLOBE NEWSWIRE) — BlackRock Asset Management Canada Limited (“BlackRock Canada”), an indirect, wholly-owned subsidiary of BlackRock, Inc. (NYSE: BLK), today announced the final April 2020 cash distributions for the iShares Premium Money Market ETF. Unitholders of record on April 27, 2020 will receive cash distributions payable on April 30, 2020.Details regarding the final “per unit” distribution amounts are as follows:Further information on the iShares ETFs can be found at http://www.blackrock.com/ca.

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SmartFinancial Approves Regular Quarterly Dividend

KNOXVILLE, Tenn., April 24, 2020 (GLOBE NEWSWIRE) — SmartFinancial, Inc. (“SmartFinancial”) (Nasdaq: SMBK), the parent company for SmartBank, announced today that its board of directors has approved a regular quarterly dividend.On April 23, 2020, the board of directors of SmartFinancial declared a quarterly cash dividend of $0.05 per share of SmartFinancial common stock payable on May 25, 2020 to shareholders of record as of the close of business on May 8, 2020.About SmartFinancial, Inc.SmartFinancial, Inc., based in Knoxville, Tennessee, is the publicly-traded bank holding company for SmartBank. SmartBank is a full-service commercial bank founded in 2007 with 35 branches spanning East and Middle Tennessee, Alabama and the Florida Panhandle. Recruiting the best people, delivering exceptional client service, strategic branching,...

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Northisle Provides Update on Filing of Audited Financial Statements

VANCOUVER, British Columbia, April 24, 2020 (GLOBE NEWSWIRE) — Northisle Copper and Gold Inc. (TSX-V:NCX)(“Northisle” or the “Company”) announces that as a result of the COVID-19 pandemic, Northisle has experienced delays associated with the limited availability of our auditors and certain employees critical to the audit process. In response to similar issues experienced by other businesses, the Canadian Securities Administrators granted blanket relief for all market participants, providing up to a 45-day extension for periodic filings normally required to be made on or before April 29, 2020.In accordance with the blanket relief, the company will delay the filing of its audited annual financial statements for the year ended Dec. 31, 2019, the management’s discussion and analysis (MD&A) for the corresponding period, and...

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