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Month: April 2020

TrustCo Bank Corp NY Suspends Stock Repurchase Plan

GLENVILLE, N.Y., April 16, 2020 (GLOBE NEWSWIRE) — TrustCo Bank Corp NY (TrustCo, Nasdaq: TRST) today announced that the Company has chosen to suspend the stock repurchase program where TrustCo may repurchase up to 1,000,000 shares of its common stock, or approximately 1% of its current outstanding shares.The repurchase program may be suspended, terminated or modified at any time for any reason, including market conditions, the cost of repurchasing shares, the availability of alternative investment opportunities, liquidity, and other factors deemed appropriate. These factors may also affect the timing and amount of share repurchases. The repurchase program does not obligate TrustCo to purchase any particular number of shares.The Company repurchased 489,000 shares of common stock during the first quarter of 2020 for an aggregate...

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BWR Exploration Inc. grants Stock Options

TORONTO, April 16, 2020 (GLOBE NEWSWIRE) — BWR Exploration Inc. (TSXV:BWR) (“BWR” and or the “Corporation”) announces that pursuant to BWR’s stock option plan 1,450,000 stock options at an exercise price of $0.05 were granted to the Officers, Directors and Consultants to the Corporation.   The stock options granted vest immediately and are exercisable for a period of five years from date of grant.There are currently 79,622,461 shares issued in BWR.Neither the Toronto Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.For information about BWR Exploration Inc. please visit our website:http://www.bwrexploration.com or call/email:Neil Novak, P.Geo., President, CEO & Director,BWR Exploration...

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StoneCastle Financial Corp. to Host the First Fiscal Quarter 2020 Earnings Conference Call and Announces Net Asset Value as of March 31, 2020

NEW YORK, April 16, 2020 (GLOBE NEWSWIRE) — StoneCastle Financial Corp., (NASDAQ:BANX) (“StoneCastle Financial” or the “Company”), today announced that the Company’s March 31, 2020 Net Asset Value (“NAV”) was $19.00.  The NAV was down ($2.83) or (10.84%) after reinvestment of dividends as compared to the prior quarter-end.  The Company’s first quarter NAV performance was significantly better than the market performance of the Company’s stock and other major financial indices.  Specifically, the first quarter 2020 NAV was down (10.84%) vs. the Company’s common stock price decrease of (25.44%). During that same period, the S&P 500 Financials (Sector) decreased (32.34%) and the KBW Bank Index (KBWB) decreased (42.44%).Over the last five-year period, StoneCastle Financial’s quarterly NAV has been relatively stable and...

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Water Ways Announces Extension of Warrants Expiry Date

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATESTORONTO, April 16, 2020 (GLOBE NEWSWIRE) — Water Ways Technologies Inc. (TSXV: WWT) (“Water Ways” or the “Company“) announces that due to the economic effect of COVID-19, it will be extending the expiry date of 3,976,502 warrants of the Company that were to expire today (the “Warrants”) for a period of one year to April 16, 2021 (the “Extension”). Each Warrant is exercisable into an equal number of common shares of the Company. The Extension is subject to the approval of the TSXV Venture Exchange.About Water Ways TechnologiesWater Ways is the parent company of Irri-Al-Tal Ltd. (“IAT“), an Israeli based agriculture technology company that specializes in providing water irrigation solutions to agricultural producers....

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Gran Tierra Energy Inc. Provides Business Update in Response to Oil Price Volatility and COVID-19 and Announces Virtual Annual General Meeting

CALGARY, Alberta, April 16, 2020 (GLOBE NEWSWIRE) — Gran Tierra Energy Inc. (“Gran Tierra” or the “Company”) (NYSE American:GTE)(TSX:GTE)(LSE:GTE) today announced a business update regarding the Company’s proactive measures taken to protect its financial strength in response to the large decrease in world oil prices and the impacts of COVID-19. All dollar amounts are in United States (“U.S.”) dollars and production amounts are unaudited and on an average working interest before royalties (“WI”) basis, unless otherwise indicated.Due to the unprecedented challenges of 2020, Gran Tierra has adjusted its production volumes, capital investments and operating and general and administrative (“G&A”) costs to protect the Company’s balance sheet and to preserve long-term value.Temporarily Suspended Non-Profitable...

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NOVAGOLD Announces Change in Location and Time for Annual Meeting of Shareholders

Outlines Details for Conference Call & Webcast and VotingTime and location of the Annual Meeting of Shareholders (the “Meeting”) on May 14, 2020 has been changed to 1:30 p.m. PT at 400 Burrard Street, Suite 1860, Vancouver, B.C.In order to mitigate the risk posed by COVID-19, NOVAGOLD encourages shareholders to vote on matters before the Meeting by proxy, join via webcast and conference call, and submit questions in advance either via the webcast or by emailVANCOUVER, British Columbia, April 16, 2020 (GLOBE NEWSWIRE) — NOVAGOLD RESOURCES INC. (“NOVAGOLD” or the “Company”) (NYSE American, TSX: NG) announces that the location and time of the Annual Meeting of Shareholders (the “Meeting”) has been changed to the Company’s offices at 400 Burrard Street, Suite 1860, Vancouver, British Columbia, V6C 3A6, on May 14, 2020 at 1:30 p.m....

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Ændringer i afholdelsen af ordinær generalforsamling

Ændringer i afholdelsen af ordinær generalforsamling i Scandinavian Investment Group A/SGeneralforsamlingen i SIG A/S finder sted som planlagt den 23. april 2020 kl. 15.00, dvs. at den fremlagte dagsorden vil blive behandlet, herunder beretning og godkendelse af årsrapport.I forlængelse af det fortsatte forbud mod arrangementer med mere end 10 personer har bestyrelsen i SIG A/S besluttet følgende ændringer: Alle aktionærer opfordres til at undlade fysisk fremmøde og i stedet benytte sig af brevstemme. Fristen for afgivelse af brevstemme, skal være behørigt registreret senest onsdag den 22. april 2020 kl. 12.00. Dokumentet forefindes på www.sca-inv-group.dk og på selskabets investor portal, som kan tilgås via www.sca-inv-group.dk. SIG A/S’ bestyrelse og direktion deltager i meget begrænset omfang, således at de repræsenteres af bestyrelsesformand...

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Riviera Resources Announces Blue Mountain Midstream Leadership Change and Management Consolidation; Continued Focus on Cost Reductions

HOUSTON, April 16, 2020 (GLOBE NEWSWIRE) — Riviera Resources, Inc. (OTCQX: RVRA) (“Riviera” or the “Company”) and Blue Mountain Midstream LLC (“Blue Mountain”), a wholly owned subsidiary of Riviera, announce C. Gregory Harper has resigned as President and Chief Executive Officer of Blue Mountain Midstream and as a member of the Company’s Board of Directors (“the Board”), each effective April 27, 2020 (the “Effective Date”). Mr. Harper’s resignation was not the result of any disagreement with the Company on any matter relating to the operations, internal controls, policies or practices of the Company.David Rottino, Chief Executive Officer of Riviera, said: “On behalf of the Board and the entire Company, we want to thank Greg for his dedicated service and leadership to Blue Mountain. Greg and his team did an exemplary job standing...

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TC PipeLines, LP to release first quarter 2020 results on May 6

HOUSTON, April 16, 2020 (GLOBE NEWSWIRE) — News Release – TC PipeLines, LP (NYSE: TCP) (the Partnership) will release its first quarter 2020 financial results on Wednesday, May 6 pre-market.  Nathan Brown, President of the General Partner, along with other members of management, will discuss the Partnership’s financial results and latest developments in a teleconference and webcast on Wednesday, May 6 at 10 a.m. (CDT) / 11 a.m. (EDT).Members of the investment community and other interested parties are invited to participate by calling 1-800-806-5484 and enter pass code 3139820#.  Please dial in 10 minutes prior to the start of the call.  A live webcast will also be available through the Partnership’s website at TCPipeLinesLP.com/events or via the following URL: http://www.gowebcasting.com/10573.  Slides for the conference call will...

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North American Construction Group Ltd. Enters Into Automatic Share Purchase Plan

ACHESON, Alberta, April 16, 2020 (GLOBE NEWSWIRE) — North American Construction Group Ltd. (“NACG” or “the Company”) (TSX:NOA/NYSE:NOA) today announced that in connection with the Company’s previously announced share purchase program in Canada and the United States (the “Purchase Program”) to purchase up to 2,300,000 of its common shares (the “Shares”), it has entered into an automatic share purchase plan (“ASPP”) with its designated broker.Pursuant to the ASPP, the designated broker may purchase up to 1,585,091 Shares until the expiry of the Purchase Program on March 11, 2021. Such purchases will be determined by the broker at its sole discretion, based on the purchasing parameters set out by the Company in accordance with the rules of the Toronto Stock Exchange (the “TSX”), applicable securities laws and the terms of the ASPP....

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