Month: April 2020

MONACO, April 24, 2020 (GLOBE NEWSWIRE) — Navios Maritime Containers L.P. (the “Company”) (NASDAQ: NMCI), a growth vehicle dedicated to the container sector of the maritime industry, today announced that on April 22, 2020, the Company received a written notice from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) indicating that the Company is not in compliance with the minimum bid price continued listing requirements of the Nasdaq Listing Rules in that closing bid price of the Company’s common units for 30 consecutive business days had not maintained the minimum bid price of $1.00 per common unit, as required by Marketplace Rule 5450(a)(1) (the “Rule”). The notice is only a notification of deficiency, not of imminent delisting, and has no current effect on the listing or trading of the Company’s securities...

Maroussi, Greece, April 24, 2020 – Pyxis Tankers Inc. (the “Company”) (NASDAQ Cap Mkts: PXS), a growth-oriented pure play product tanker company, announced today that it received a deficiency notice from The NASDAQ Stock Market, Inc. (“Nasdaq”), on April 21, 2020 stating that, for a period of 30 consecutive business days, the Company’s common shares closed below the minimum bid price of $1.00 per share as required for continued listing on Nasdaq (the “Minimum Bid Price Requirement”). The notice explained that due to the extraordinary market conditions caused by COVID-19, Nasdaq is providing temporary relief and tolling the compliance period until June 30, 2020.  The Company has until December 28, 2020 to regain compliance with the Minimum Bid Price Requirement.If at any time during this period, the closing bid price of the Company’s common...

SPRINGFIELD, Mo., April 24, 2020 (GLOBE NEWSWIRE) — Paul Mueller Company (OTC: MUEL) today announced earnings for the quarter ended March 31, 2020.PAUL MUELLER COMPANYSUMMARIZED NOTES TO THE FINANCIAL STATEMENTS(In thousands)A. The chart below depicts the net revenue on a consolidating basis for the three months ended March 31.The chart below depicts the net revenue on a consolidating basis for the twelve months ended March 31. The chart below depicts the net income on a consolidating basis for the three months ended March 31.The chart below depicts the net income on a consolidating basis for the twelve months ended March 31.B. The COVID-19 pandemic has caused unprecedented uncertainty and requires us to operate in new and different ways.  To date, we have not had any confirmed cases of COVID-19 at any of our facilities.  All of...

                                                                                                                                 Press releaseStockholmApril 24, 2020                                                                                                                                                                                            Notice to attend the Annual General Meeting in Maha Energy AB (publ)The shareholders in Maha Energy AB (publ), reg. no. 559018-9543, are hereby given notice to attend the annual general meeting at 3:00 p.m. CET on Wednesday 27 May 2020 at Setterwalls Advokatbyrå’s offices at Sturegatan 10 in Stockholm, Sweden. Registration for the meeting commences at 2:30 p.m. CET.Information in relation to the Corona virus (Covid-19)In view of the recent developments of the spread of the Corona virus (Covid-19),...

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...