Month: April 2020

SANTIAGO, Chile, April 08, 2020 (GLOBE NEWSWIRE) — ITAÚ CORPBANCA (NYSE: ITCB; SSE: ITAUCORP) announced today that it will host a webcast presentation on Monday, April 13, 2020, at 11:00 A.M. Santiago time (11:00 A.M. ET), for an update on the measures being implemented in order to adapt its operations and to support its employees, customers and society during the COVID-19 pandemic.The webcast presentation will be hosted by Gabriel Moura, Itaú Corpbanca’s Chief Executive Officer, and Claudia Labbé, Itaú Corpbanca’s Head of Investor Relations.As a reminder, Itaú Corpbanca First Quarter 2020 Financial Results is scheduled for Monday, May 4th, 2020.Slides and Audio Webcast:The live webcast of the presentation will be available through the Company’s website. Participants in the live webcast should register on the website approximately...

VANCOUVER, British Columbia, April 08, 2020 (GLOBE NEWSWIRE) — Goldgroup Mining Inc. (“Goldgroup” or the “Company”) (TSX:GGA, OTC:GGAZF, BMV SIX:GGAN.MX) announces that the Mexican federal government has mandated that all non-essential businesses, temporarily suspend operations until April 30 due to the COVID-19 virus.  The Company will work towards an orderly reduction of mining, crushing and stacking activities.  Given that the Company operates a heap leach mine, the Company expects metal production and metal sales will continue during this time.“While we have no confirmed cases of COVID-19 in the Company, the safety and the health of our employees, contractors, and communities is our top priority in this unprecedented time.  All essential employees for this operation will follow safety protocols and precautionary measures. This...

TORONTO, April 08, 2020 (GLOBE NEWSWIRE) — Firm Capital Property Trust (TSXV: FCD.UN) (the “Trust”) is issuing this press release regarding the Trust’s collection of the April gross rent payments due to the impact of the COVID-19 pandemic.We would like to assure unitholders that the Trust has been taking proactive action to collect rents.Across the Trust’s entire portfolio, the trust has collected approximately 73% of gross rents to date and been paid by approximately 73% of the tenants. The breakdown by segment is listed below:The percentage of gross rents collected does not reflect approved rent deferral agreements with non-national tenants in the form of a promissory note that represent 1% of the total gross rents. The Trust continues to work with our most small business tenants to provide rental deferrals on a case by case basis.Please...

TORONTO, April 08, 2020 (GLOBE NEWSWIRE) — Flow Capital Corp. (TSXV: FW) (“Flow Capital”, “Flow” or the “Company”) today announces that it has made a royalty investment in Novation Enterprises (“Novation”).  Based in the Washington D.C. area, Novation Enterprises is a veteran-owned, veteran-operated business that builds critical Internet infrastructure, including 5G wireless and fiber optic networks. In partnership with national carriers and infrastructure companies, Novation recruits, certifies, and deploys transitioning military and under-employed veterans into the civilian workforce that is building the next generation of telecommunications infrastructure. Politico recently reported that nearly half of all US wireless carriers “believe the coronavirus pandemic will increase demand for telecommunications infrastructure,...

MIDDLETOWN, R.I., April 08, 2020 (GLOBE NEWSWIRE) — KVH Industries, Inc., (Nasdaq: KVHI) (“KVH” or the “Company”), today announced that it has reached an agreement (the “Agreement”) with Vintage Capital Management, LLC (“Vintage”) to appoint Robert Tavares to the Company’s Board of Directors (the “Board”) as an independent Class II director, effective immediately.“We welcome Robert to the Board and are pleased to have come to this agreement with one of our significant shareholders,” said Martin Kits van Heyningen, KVH’s Chairman and Chief Executive Officer. “We remain fully focused on executing against our strategic plan, prudently operating our business and enhancing long-term value going forward.”Pursuant to the Agreement, Vintage will withdraw its slate of directors and commits to voting its shares for all of KVH’s nominees at...

NEW YORK, April 08, 2020 (GLOBE NEWSWIRE) — Mesoblast Limited (Nasdaq:MESO; ASX:MSB) today announced that its allogeneic mesenchymal stem cell (MSC) product candidate remestemcel-L will be formally evaluated in a randomized, placebo-controlled trial in 240 patients with acute respiratory distress syndrome (ARDS) caused by coronavirus infection (COVID-19). This multi-center Phase 2/3 trial will be conducted as a public-private partnership in a collaboration with the Cardiothoracic Surgical Trials Network (CTSN), which was established by the United States National Institutes of Health’s National Heart, Lung and Blood Institute (NHLBI) as a flexible platform for conducting collaborative trials. Mesoblast holds an Investigational New Drug (IND) Application from the United States Food and Drug Administration (FDA) for use of remestemcel-L...

THE WOODLANDS, Texas, April 08, 2020 (GLOBE NEWSWIRE) — Conn’s, Inc. (NASDAQ: CONN) (“Conn’s” or the “Company”), a specialty retailer of furniture and mattresses, home appliances, consumer electronics and home office products, and provider of consumer credit, today announced that the company will report its fiscal year 2020 fourth quarter financial results on April 14, 2020. Conn’s will host a conference call on April 14, 2020 at 10:00 A.M. CT (11:00 A.M. ET) to review its financial results. The earnings release was rescheduled from the original date of April 9, 2020.Participants can join the call by dialing 877-451-6152 or 201-389-0879. The conference call will also be broadcast simultaneously via webcast on a listen-only basis. A link to the earnings release and webcast will be available at ir.conns.com.About Conn’s, Inc.Conn’s...

ENGLEWOOD CLIFFS, N.J., April 08, 2020 (GLOBE NEWSWIRE) — Asta Funding, Inc. (NASDAQ: ASFI) (“Asta” or the “Company”) today announced that it has entered into a definitive merger agreement (the “Merger Agreement”) under which the Stern Group, comprised of Gary Stern, Ricky Stern and certain related parties, will acquire the outstanding publicly held shares of common stock of Asta through the merger of Asta with a wholly-owned subsidiary of Asta Finance Acquisition Inc. (“Parent”), with Asta surviving as a wholly-owned subsidiary of Parent (the “Merger”).Each share of outstanding common stock will be purchased for $11.47 in cash. The purchase price represents a premium of approximately 36.9% to Asta’s closing stock price on April 7, 2020, the last trading day prior to this announcement. The Merger was unanimously approved by the...

TORONTO, April 08, 2020 (GLOBE NEWSWIRE) — Kirkland Lake Gold Ltd. (“Kirkland Lake Gold” or the “Company”) (TSX:KL) (NYSE:KL) (ASX:KLA) today announced production for the first quarter of 2020 (“Q1 2020”) of 330,864 ounces, an increase of 98,985 ounces or 43% from 231,879 ounces for the first quarter of 2019 (“Q1 2019”). Q1 2020 production included 91,555 ounces related to production in Q1 2020 from Detour Lake Mine (“Detour Lake”), following the Company’s acquisition of Detour Gold Corporation (“Detour Gold”) on January 31, 2020. Excluding the impact of Detour Lake Mine, Q1 2020 production was 7,430 ounces or 3% higher than the same period in 2019, reflecting a 24% increase in production from Fosterville. All dollar amounts are expressed in U.S. dollars, unless otherwise noted.Highlights of Q1 2020 production results:Consolidated...

CALGARY, Alberta, April 08, 2020 (GLOBE NEWSWIRE) — FLYHT Aerospace Solutions Ltd. (TSX-V: FLY) (OTCQX: FLYLF) (the “Company” or “FLYHT”) today reported financial results for the fourth quarter and full year ended December 31, 2019.“In 2019, we finished the year with a positive million dollars in EBITDA and annual revenues that exceeded $21 million dollars. It was a very encouraging year where we earned nearly fifty percent of our revenues in recurring Software as a Service revenues,” said CEO Thomas R. Schmutz. “Our challenge now is to protect our cash and weather this incredibly challenging COVID-19 pandemic.”Fourth Quarter 2019 ResultsRevenues and Other Income increased 6.1% to $4,281,612 compared to the fourth quarter of 2018. This included:SaaS revenue of $2,711,228, an increase of 19.9% from the fourth quarter of 2018;Hardware...