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Month: April 2020

CRYPTOLOGIC CLOSES TRANSACTION TO SELL 30 MEGAWATT BITCOIN MINING FACILITY

TORONTO, April 08, 2020 (GLOBE NEWSWIRE) — Cryptologic Corp. (“Cryptologic” or the “Company”) (CSE:CRY) announced today that the previously announced transaction (the “Transaction”) to sell all the shares of its wholly-owned subsidiary 9376-9974 Quebec Inc. (“9376”), which holds the rights to a 30 megawatt (“MW”) dedicated cryptocurrency mining operation located in Lachute, Quebec (the “Facility”), to HIVE Blockchain Technologies Ltd. (“Hive”) has closed.As consideration for the shares of 9376, Hive issued 15,000,000 common shares (“Hive Shares”) to the Company at a deemed price of C$0.20 per Hive Share, which are subject to a four-month lock-up agreement, and paid the Company C$1,956,230.60 in cash, being the cash portion of the purchase price as adjusted by estimated closing working capital and a holdback amount. In addition,...

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Fellazo Inc. Announces Plans for Trust Liquidation and Redemption of Public Shares

New York, NY, April 08, 2020 (GLOBE NEWSWIRE) — Fellazo Inc. (the “Company”) announced that, in view of the recent determination by the Nasdaq hearing panel to delist the Company’s securities from The Nasdaq Stock Market, the Company does not believe it will be able to consummate an initial business combination within the time period required by its memorandum and articles of association (the “Charter”). As a result, the Company has determined to liquidate the trust and wind down the company.Pursuant to the Charter, if the Company does not consummate an initial business combination by July 29, 2020, the Company will: (i) cease all operations except for the purpose of winding up, (ii) as promptly as reasonably possible but not more than ten business days thereafter, redeem the public shares, at a per share price, payable in cash, equal...

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CALAVO GROWERS, INC. ANNOUNCES ADDITIONAL ACCESS CAPABILITIES FOR ITS 2020 ANNUAL MEETING OF SHAREHOLDERS

SANTA PAULA, Calif., April 08, 2020 (GLOBE NEWSWIRE) — Calavo Growers, Inc. (Nasdaq-GS: CVGW), a global avocado-industry leader and expanding provider of value-added fresh food, today announced that due to public meeting restrictions and continued public health concerns related to the spread of COVID-19, the Company will provide its shareholders with a conference line and live audio webcast access for its 2020 annual meeting of shareholders to be held on Wednesday, April 22, 2020 at 1:00 pm Pacific Time. The meeting will consist of the formal business portion of the meeting only and the Company is offering this alternative way for shareholders to obtain meeting information without attending in person.  Shareholders interested in joining the live call can dial (877) 407-3982 from the U.S. International callers can dial (201) 493-6780....

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FERRELLGAS, L.P. ANNOUNCES PRICING OF $575 MILLION OF 10.000% SENIOR SECURED FIRST LIEN NOTES DUE 2025

OVERLAND PARK, Kan., April 08, 2020 (GLOBE NEWSWIRE) — Ferrellgas, L.P. (the “Company”) and its wholly-owned subsidiary Ferrellgas Finance Corp. (together, the “Issuers”) announced the pricing of their previously announced offering of $575 million aggregate principal amount of 10.000% Senior Secured First Lien Notes due 2025 (the “Notes”) at an offering price equal to 100% of the principal thereof.  The Notes will be senior secured first lien obligations of the Issuers and will be guaranteed on a senior secured first lien basis by Ferrellgas Partners, L.P., Ferrellgas, Inc. and each existing and future subsidiary of the Company, subject to certain exceptions. The Issuers intend to use a portion of the net proceeds received from the offering of the Notes to repay all of the outstanding indebtedness under the Company’s existing senior...

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SeaBird Exploration: annual report 2019

8 April 2020, Limassol, CyprusSeaBird Exploration is pleased to announce the release of the Group’s annual report 2019. The Group reported its IFRS unaudited fourth quarter and preliminary full year 2019 results on 28 February 2020. There are two changes to the consolidated annual financial statements compared to those presented on 28 February 2020:– $ 572k reversal is booked to restructuring expenses. As a result, loss of the year decreases from $ 23,843k to $ 23,315k– $ 545k long term tax liabilities is reclassified to short term tax liabilities. As a result, long term tax liabilities decreases from $ 808k to $ 263kThe report is attached hereto and is in addition available for viewing or download at www.sbexp.com.SeaBird is a global provider of marine acquisition for 2D/3D and 4D seismic data, and associated products...

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Canacol Energy Ltd. Announces 4.7 TCF of Gross Mean Un-risked Prospective Conventional Natural Gas Resources in Colombia

CALGARY, Alberta, April 08, 2020 (GLOBE NEWSWIRE) — Canacol Energy Ltd. (“Canacol” or the “Corporation”) (TSX: CNE; OTCQX: CNNEF; BVC: CNEC) is pleased to report on the conventional natural gas prospective resources (resources other than reserves, “ROTR”) for its Esperanza, VIM‐21, VIM‐5, VIM‐19, SSJN-7, and VIM-33 exploration  blocks  located in the Lower Magdalena valley basin, and VMM-45 and VMM-49 exploration blocks located in the Middle Magdalena valley basin of Colombia.  Prospective resources are based on a new independent resources audit prepared by Gaffney, Cline & Associates (“GCA”), effective December 31, 2019 (the “GCA Report”).  Canacol is a natural gas focused exploration and production company, and the largest independent gas producer in Colombia.Canacol Energy Ltd Gross Prospective Resources SummaryGross prospective...

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Consolidated Communications to Hold Virtual Shareholder Meeting

MATTOON, Ill., April 08, 2020 (GLOBE NEWSWIRE) — Consolidated Communications (NASDAQ: CNSL) will host its 2020 annual meeting of stockholders virtually in light of public health concerns regarding the COVID-19 outbreak and to support the health and well-being of meeting participants.The meeting will be held in a virtual only format on April 27, 2020 at 9 a.m. CT. Stockholders will not be able to attend the meeting in person.Stockholders at the close of business on the record date, February 27, 2020, are entitled to attend the annual meeting.  To be admitted to the annual meeting, go to www.virtualshareholdermeeting.com/CNSL2020, and enter the control number found on your proxy card, voting instruction form or notice you previously received. Closed captioning will be provided for the duration of the virtual meeting.The proxy card...

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Richardson Electronics Reports Third Quarter Fiscal 2020 Operating Profit and Declares Quarterly Cash Dividend

Canvys, PMG and CT Tube Revenues Grow Versus Q3 FY19Q3 FY20 HighlightsNet sales of $38.2 million were down 2.0% from last year’s third quarter, primarily a result of lower sales in PMT from softness in the power grid tube business and the effect of the coronavirus on our China shipments. In addition, Healthcare sales were down overall due to continued lower equipment sales in Latin America.Sales increased for PMG and Semiconductor Wafer Fabrication equipment products. Canvys sales increased by 3.5% and Healthcare CT tube revenues were up by 134.7%.Gross margin increased to 33.1% of net sales versus 31.5% of net sales for the prior year’s third quarter due to product mix and manufacturing efficiencies.Operating expenses decreased $0.4 million to $12.7 million compared to prior year.Operating income was $11,000 compared to an operating...

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Canacol Energy Ltd. Enters Automatic Share Purchase Plan

CALGARY, Alberta, April 08, 2020 (GLOBE NEWSWIRE) — Canacol Energy Ltd. (“Canacol” or the “Corporation”) (TSX:CNE; OTCQX:CNNEF; BVC:CNEC) is pleased to provide the following updates.Canacol Enters Automatic Share Purchase PlanCanacol announced today that in connection with the Corporation’s previously announced normal course ‎issuer bid (“NCIB”) to purchase up to 14,276,439 of its common shares (the “Shares”), it has entered into ‎an automatic share purchase plan (“ASPP”) with its designated broker. The ASPP is intended to allow for ‎the purchase of Shares under the NCIB at times when the Corporation may not ordinarily be permitted to ‎purchase Shares due to regulatory restrictions and customary self-imposed blackout periods.‎Pursuant to the ASPP, the designated broker may purchase up to 13,914,716 Shares...

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Tanzanian Gold provides additional updates on its Buckreef Project  following previous announcement doubling Mineral Resources

TORONTO, April 08, 2020 (GLOBE NEWSWIRE) — Tanzanian Gold Corporation’s (TSX:TNX) (NYSE American:TRX) (the “Company’s”) Board of Directors is pleased to provide an update on its Buckreef Project following the press release of March 17, 2020 that announced the results of the 2019 drilling campaign which more than doubled the estimated Mineral Resource in the Measured + Indicated categories for the Buckreef Shear Zone to 2.3 million contained ounces of gold.Drilling continues in the Company’s Phase III (Ultra-deep) program that was announced on February 26, 2020.The Company is today announcing the following additional updates on the Buckreef Project:First Bucket; On April 6 2020 the first bucket was excavated from the Buckreef Open pit, signaling the beginning of mining for ores to be processed by the Company’s new Oxide Plant. Initially...

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