Month: April 2020

Fairfax India Holdings Corporation: First Quarter Financial Results

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NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES(Note: All dollar amounts in this news release are expressed in U.S. dollars except as otherwise noted. The financial results are prepared using the recognition and measurement requirements of International Financial Reporting Standards, except as otherwise noted, and are unaudited.)TORONTO, April 30, 2020 (GLOBE NEWSWIRE) — Fairfax India Holdings Corporation (TSX: FIH.U) announces a net loss of $253.8 million in the first quarter of 2020  ($1.67 net loss per diluted share), compared to a net loss of $52.6 million in the first quarter of 2019 ($0.34 net loss per diluted share), reflecting net unrealized losses on investments of $274.3 million, partially offset by recovery of the previously accrued performance fee of $47.1 million. The company also...

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Jiayin Group Inc. Files Annual Report on Form 20-F for Fiscal Year 2019

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SHANGHAI, China, April 30, 2020 (GLOBE NEWSWIRE) — Jiayin Group Inc. (“Jiayin” or “the Company” ) (NASDAQ: JFIN), a leading online individual finance marketplace in China, today announced that it filed its annual report on Form 20-F for the fiscal year ended December 31, 2019 with the Securities and Exchange Commission (“SEC”) on April 30, 2020. The annual report can be accessed on the Company’s investor relations website at http://ir.jiayin-fintech.com/ and on the SEC’s website at https://www.sec.gov/.The Company will provide a hard copy of its annual report containing the audited consolidated financial statements, free of charge, to its shareholders and ADS holders upon request. Requests should be directed to the Company’s Investor Relations Department at ir@niwodai.com.About Jiayin Group Inc.Jiayin Group Inc. is a leading online...

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Fairfax Financial Holdings Limited: Financial Results For The First Quarter

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(Note: All dollar amounts in this news release are expressed in U.S. dollars except as otherwise noted. The financial results are prepared using the recognition and measurement requirements of International Financial Reporting Standards except as otherwise noted, and are unaudited.)TORONTO, April 30, 2020 (GLOBE NEWSWIRE) — Fairfax Financial Holdings Limited (TSX: FFH and FFH.U) announces a net loss of $1,259.3 million ($47.38 net loss per diluted share after payment of preferred share dividends) in the first quarter of 2020 compared to net earnings of $769.2 million ($26.98 net earnings per diluted share after payment of preferred share dividends) in the first quarter of 2019, primarily reflecting unrealized losses on investments. Book value per basic share at March 31, 2020 was $422.03 compared to $486.10 at December 31, 2019...

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Digirad Announces Updates on its Key Growth and Value Enhancement Initiatives

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SUWANEE, Ga., April 30, 2020 (GLOBE NEWSWIRE) — Digirad Corporation (Nasdaq: DRAD; DRADP) (“Digirad” or the “Company”) announced today updates on its growth and value enhancement initiatives.  These initiatives include expansion of commercial projects in its “Building & Construction” division, an improved environment for acquisitions, and potential divestitures of non-strategic assets.Building & Construction Division Growth InitiativesAs announced previously, the Company’s 2020 growth strategy for its Building & Construction division is primarily to expand its commercial construction business in New England.  KBS Builders, Inc. (“KBS”), the modular building manufacturing business of the Company’s Building & Construction division based in Maine, is currently involved in multiple discussions for various large commercial...

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IT Link : Arrêté des comptes et mise à disposition du Rapport Financier Annuel

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 Communiqué FinancierLe Kremlin-Bicêtre, le 30 avril 2020(1)  Rapports d’audit en cours d’émission Arrêté des comptes 2019Le Conseil d’Administration d’IT Link s’est réuni le 28 avril 2020 pour clôturer les états financiers de la société. Les procédures d’audit sur les comptes consolidés ont été finalisées. Le rapport de certification est en cours d’émission.Les comptes arrêtés ne font pas apparaître d’écarts par rapport aux données estimées publiées le 31 mars 2020. Mise à disposition du Rapport Financier AnnuelIT Link a mis à la disposition du public et déposé auprès de l’Autorité des MarchésFinanciers son rapport financier annuel 2019.Le rapport financier annuel 2019 peut être consulté sur le site de la société www.itlink.fr, dans la rubrique Investisseurs > Documents Financiers. Continuité d’activité dans le contexte...

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Algernon Pharmaceuticals Announces up to $5.0 Million Private Placement Offering of Special Warrants

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NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR RELEASE, PUBLICATION, DISTRIBUTION OR DISSEMINATION DIRECTLY, OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATESVANCOUVER, British Columbia, April 30, 2020 (GLOBE NEWSWIRE) — Algernon Pharmaceuticals Inc. (CSE: AGN) (FRANKFURT: AGW) (OTCB: BTHCF) (“Algernon” or the “Company”), a clinical stage pharmaceutical development company, is pleased to announce that it has entered into an agreement with Mackie Research Capital Corporation, as sole agent and sole bookrunner (the “Agent“), in connection with a marketed best efforts private placement offering (the “Offering”) of special warrants of the Company (“Special Warrants”) at a price of $0.40 per Special Warrant, for gross proceeds of up to $5,000,000.Each Special Warrant shall be exercisable, for no additional...

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GCP Applied Technologies Issues Statement in Response to Starboard Investor Presentation

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CAMBRIDGE, Mass., April 30, 2020 (GLOBE NEWSWIRE) — GCP Applied Technologies Inc. (NYSE:GCP) (“GCP” or the “Company”), a leading global provider of construction products technologies, today issued the following statement in response to the investor presentation issued by Starboard Value LP (“Starboard”) earlier today:AdvisorsEvercore is serving as GCP’s financial advisor and Wachtell, Lipton, Rosen & Katz is serving as GCP’s legal advisor.About GCP Applied TechnologiesGCP is a leading global provider of construction products technologies that include additives for cement and concrete, the VERIFI® in-transit concrete management system, high-performance waterproofing products, and specialty systems. GCP products have been used to build some of the world’s most renowned structures. More information is available at www.gcpat.com.Investors:GCPJoseph...

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Trevali Provides Update on Revolving Credit Facility; Announces Q1 2020 Conference Call Details

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VANCOUVER, British Columbia, April 30, 2020 (GLOBE NEWSWIRE) — Trevali Mining Corporation (TSX: TV, BVL: TV; OTCQX: TREVF, Frankfurt: 4TI) (“Trevali” or the “Company”) announced today that it continues to engage with its syndicate of lenders on a solution to short-term financing and liquidity requirements, and has been granted a waiver of compliance with the existing financial covenants until May 31, 2020. No other amendments to the facility have been made as part of this waiver extension.The Company has also engaged RBC Capital Markets as its financial advisor to conduct a strategic review process that will explore financing alternatives to enhance shareholder value. The strategic review process is comprehensive and could include, but not be limited to, a recapitalization of the Company, a strategic investment in the Company by...

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