Month: April 2020

NEW YORK, April 29, 2020 (GLOBE NEWSWIRE) — On April, 2, 2019 8:30 ET, iFresh, Inc., a leading Asian American grocery supermarket chain and online grocer previously announced that its affordable 3-ply disposable face masks  would be available in iFresh chain stores, the iFresh online store at www.onlineifresh.com, and via the Amazon marketplace. Unfortunately, iFresh’s application to sell the face masks on Amazon was rejected and the masks are only available through its online store at www.onlineifresh.com and chain stores. About iFresh, Inc.iFresh Inc. (Nasdaq: IFMK), headquartered in Long Island City, New York, is a leading Asian American grocery supermarket chain and online grocer on the east coast of U.S. With nine retail supermarkets along the US eastern seaboard (with additional stores in Glen Cove, Miami and Connecticut opening...

Negotiated covenant flexibility for the Company’s existing credit facilitiesReduced quarterly cash dividend to $0.0375 per shareExcept where otherwise noted, all currency amounts are stated in United States dollars.VANCOUVER, British Columbia, April 29, 2020 (GLOBE NEWSWIRE) — Methanex Corporation (TSX:MX) (NASDAQ:MEOH) announced today that, in addition to the actions previously announced, it is taking additional measures to enable greater financial flexibility and preserve liquidity in response to the current uncertain market conditions caused by the COVID-19 pandemic and low oil price environment.The Company is working with its banking partners to obtain flexibility on certain financial covenants in its existing $300 million committed revolving credit facility and $800 million non-revolving construction facility. The Company has...

WICHITA, Kan., April 29, 2020 (GLOBE NEWSWIRE) — Equity Bancshares, Inc. (NASDAQ: EQBK), (“Equity”, “we”, “us”, “our”), the Wichita-based holding company of Equity Bank, reported its unaudited results for the first quarter ended March 31, 2020, including net income allocable to common stockholders of $1.3 million, or $0.08 per diluted share.“Our first quarter 2020 results exceeded our expectations on a pre-loan loss provision basis,” said Brad Elliott, Chairman and CEO of Equity. “We were able to increase our net interest margin by moving swiftly to lower our cost of liabilities in the quarter.  In this COVID-19 environment we believe the prudent course of action, at this point, is to provide reserves for the unknown, which we did with a $9.9 million provision for loan losses.”Equity completed over 1,600 Small Business Administration...

SEATTLE, April 29, 2020 (GLOBE NEWSWIRE) — With the recent reports of a dog testing positive for COVID-19 in North Carolina, data from Trupanion, the leading provider of medical insurance for pets, confirms they have nothing unusual to report related to pet health.With over 500,000 pets under its medical insurance coverage, Trupanion receives thousands of data points daily. Since the start of COVID-19 testing in pets began, Trupanion has yet to see any tests come through their veterinary invoice data.In addition, if pets were being affected by this virus, the database would reflect an upward trend in respiratory and gastrointestinal claims since the pandemic was first reported. According to Trupanion’s database of millions of claims for sick pets over 20 years, the frequency of claims with those conditions over the last several...

TORONTO, April 29, 2020 (GLOBE NEWSWIRE) — Goliath Resources Limited (TSX-V: GOT) (OTCQB: GOTRF) (Frankfurt: B4IE) (the “Company” or “Goliath”) is pleased to announce that the previously announced transaction (please see our press release of April 14, 2020) with the J2 Syndicate has closed. An aggregate of 3.9 million units have been issued at deemed price of $0.10 to members of the J2 Syndicate in lieu of future property payments up to $390,000, which are subject to a four (4) month plus one day restriction on trading. The units consist of one common share and one common share purchase warrant, each warrant entitling the holder to purchase one common share at an exercise price of $0.15 for a five year period from the date of issuance.In addition, the Company will be obligated to pay in respect of each property, a resource bonus...

WASHINGTON and RESTON, Va., April 29, 2020 (GLOBE NEWSWIRE) — On April 29, 2020, Comstock Holding Companies, Inc. (NASDAQ: CHCI) (the “Company”) announced it has posted its investor presentation to its website.  It can be accessed by visiting https://ir.comstockcompanies.com/.About Comstock Holding Companies, Inc.Comstock Holding Companies, Inc. (Nasdaq: CHCI) is a real estate development, asset management and real estate services company that has designed, developed, constructed and managed several thousand residential units and millions of square feet of residential and mixed-use projects throughout the Washington, D.C. metropolitan market since 1985. Anchoring CHCI’s business platform is a long-term asset management agreement covering two of the largest transit-oriented, mixed-use developments in the Washington, D.C. area; Reston...

Highlights:EarthRenew partners with Olds College to initiate plot field trials to test yield and soil health characteristics related to its organic fertilizer formulationsEarthRenew partners with Lethbridge College to begin greenhouse field trials to test germination rate influence of its organic fertilizer formulationsResults of the greenhouse trials expected to be available in early summer 2020 while plot trial data expected to be available at the end of the 2020 growing seasonField study results are anticipated to be used to validate benefits for EarthRenew and help create organic fertilizer formulations suitable for commercializationTORONTO, April 29, 2020 (GLOBE NEWSWIRE) — EarthRenew Inc. (CSE:ERTH) (“EarthRenew” or the “Company”) is pleased to announce partnerships with two well-known Alberta-based applied research institutions,...

NOTABLE ITEMS FOR THE QUARTER INCLUDE:COVID-19 RESPONSE36 of 37 branches continue to operate and we are supporting our employees as they continue to serve our customers and communities.Approved over 570 Paycheck Protection Program loans totaling over $91 million, helping our small business customers retain over 9,500 employees.Implemented loan relief programs, and suspended certain deposit fees and charges, to support businesses and individuals.Declared regular quarterly cash dividend of $0.11 per share, based on strong earnings, capital, and liquidity, to support our stockholders, many of whom are businesses and individuals that live and work in our communities.DILUTED EARNINGS PER SHARE OF $0.10 FOR THE FIRST QUARTER OF 2020, COMPARED TO $0.21 FOR THE FOURTH QUARTER OF 2019, AND $0.19 FOR THE FIRST QUARTER OF 2019The decrease in earnings...

LAS VEGAS, April 29, 2020 (GLOBE NEWSWIRE) — via NEWMEDIAWIRE — Grey Cloak Tech Inc. (OTC: GRCK) (the “Company”), engaged in proprietary development of natural plant-based formulations, sales and distribution of cardiovascular and neuro products, announces the launch of its new Citrus Bergamot SuperFruit™ IMMUNE product developed by the Company’s BergaMet NA subsidiary. BergaMet NA’s proprietary formulation naturally promotes healthy immune systems in humans, and is especially designed to support cardiovascular health, blood sugar maintenance, address internal inflammation, and other metabolic conditions.  Kevin “Duke” Pitts, CEO of Grey Cloak Tech, states, “I am excited to add Citrus Bergamot SuperFruit™ IMMUNE to our great lineup of products. The expansion of our product offerings underscores our commitment to provide people...

HOUSTON, April 29, 2020 (GLOBE NEWSWIRE) — Greenfields Petroleum Corporation (the “Company” or “Greenfields“) (TSX VENTURE: GNF), a production focused company with operating assets in Azerbaijan, announces the following update with regard to the status of filing the Company’s year-end audited financial statements, the accompanying management and discussion and analysis, the statement of reserves data required by National Instrument 51-101 – Standards of Disclosure for Oil and Gas Activities and related certifications for the fiscal year ending December 31, 2019 (collectively the “Annual Filings”).The Company will rely on the exemption provided in Alberta Securities Commission Blanket Order 51-517 (the “Blanket Order”) and similar exemptions provided by the other Canadian...