Month: April 2020

GREENWICH, Conn., April 29, 2020 (GLOBE NEWSWIRE) — Oxford Lane Capital Corp. (Nasdaq: OXLC) (NasdaqGS: OXLCO) (NasdaqGS: OXLCM) (NasdaqGS: OXLCP) announced today that it will hold a conference call to discuss its fourth fiscal quarter earnings on Monday, May 4, 2020 at 9:00 AM ET.  The toll free dial-in number is 1-844-792-3730.  There will be a recorded replay of the call available for 30 days after the call.  If you are interested in hearing the recording, please dial 1-877-344-7529.  The replay pass-code number is 10143573.   About Oxford Lane Capital Corp.Oxford Lane Capital Corp. is a publicly-traded registered closed-end management investment company principally investing in debt and equity tranches of collateralized loan obligation (“CLO”) vehicles. CLO investments may also include warehouse facilities, which are financing...

ALHAMBRA, Calif., April 29, 2020 (GLOBE NEWSWIRE) — EMCORE Corporation (NASDAQ: EMKR), a leading provider of advanced mixed-signal products that serve the aerospace & defense and broadband communications markets, will announce its fiscal 2020 second quarter results for the period ended March 31, 2020 on Wednesday, May 6, 2020 after market close.Conference Call InformationThe company will host a conference call to discuss these results at 8:00 a.m. ET (5:00 a.m. PT) on Thursday, May 7, 2020. President & Chief Executive Officer, Jeff Rittichier and Chief Financial Officer, Tom Minichiello will provide an overview of the results, discuss current business conditions, and conduct a question and answer session.The call will be available, live, to interested parties by dialing 800-458-4121. For international callers, please dial...

STURGIS, Mich., April 29, 2020 (GLOBE NEWSWIRE) — Sturgis Bancorp, Inc. (OTCQX: STBI) today announced that its Board of Directors has declared a cash dividend of $0.16 per common share, payable June 15, 2020 to stockholders of record May 15, 2020. This declaration continues the quarterly dividend at the highest level in the Company’s history, in recognition of strong earnings. Sturgis Bancorp is the holding company for Sturgis Bank & Trust Company (Bank), and its subsidiaries Oakleaf Financial Services, Inc., Oak Mortgage, LLC, Oak Insurance Services, LLC, and Oak Title Services, LLC. The Bank provides a full array of trust, commercial and consumer banking services from banking centers in Sturgis, Bangor, Bronson, Centreville, Climax, Colon, South Haven, Three Rivers and White Pigeon, MI. The Bank also has loan production offices...

$3,000,000 non-refundable financial assistance from Transition énergétique Québec’s Technoclimat program $1,994,405 in funding closed with Investissement Québec through two loan offers5% increase to Sustainable Development Technology Canada’s $4,250,000 initial grant representing an additional $212,500 SAINT-MICHEL-DES-SAINTS, Quebec, April 29, 2020 (GLOBE NEWSWIRE) — Nouveau Monde Graphite (“Nouveau Monde” or “NMG”) (TSXV: NOU; OTCQX: NMGRF; Frankfurt: NM9) is pleased to announce that it has received non-dilutive financial leverage totaling $5,206,905 to advance its business strategy. These amounts in the form of grants and loans will be invested in particular to create a graphite purification demonstration plant to qualify Nouveau Monde’s value-added products (“VAP”) as anode material for lithium-ion batteries.Nouveau...

Aide financière non-remboursable de 3 000 000 $ via le programme Technoclimat de Transition énergétique Québec Financement de 1 994 405 $ clôturé avec Investissement Québec via deux offres de prêtAugmentation de 5 % de la subvention initiale de 4 250 000 $ de Technologies du développement durable Canada, représentant un montant additionnel de 212 500 $  SAINT-MICHEL-DES-SAINTS, Québec, 29 avr. 2020 (GLOBE NEWSWIRE) — Nouveau Monde Graphite (« Nouveau Monde » ou « NMG ») (TSXV : NOU ; OTCQX : NMGRF ; Francfort : NM9) annonce l’obtention de leviers financiers non-dilutifs totalisant 5 206 905 $ permettant l’avancement de sa stratégie d’affaires. Sous forme de subventions et de prêts, ces sommes seront notamment investies dans la mise sur pied d’une usine de démonstration de purification du graphite afin de qualifier les produits à...

WABASH, Ind., April 29, 2020 (GLOBE NEWSWIRE) — FFW Corporation (the “Corporation”) (OTC PINK: FFWC) (4/28/20 Close: $38.75), parent corporation of Crossroads Bank (the “Bank”), announced earnings for the three and nine months ended March 31, 2020.For the three months ended March 31, 2020, the Corporation reported net income of $1,109,000 or $0.98 per common share compared to $1,054,000 or $0.92 per common share for the three months ended March 31, 2019.  Net interest income for the three months ended March 31, 2020 was $3,639,000 compared to $3,284,000 for the three months ended March 31, 2019.  The provision for loan losses was $75,000 for the three months ended March 31, 2020 and $50,000 for the three months ended March 31, 2019.  Total noninterest income was $774,000 for the three months ended March 31, 2020 compared to $727,000...

PRESS RELEASELuxembourg, 29th April 2020VELCAN HOLDINGS: ANNUAL RESULTS 2019SHARP INCREASE OF THE NET INCOME AND IMPROVED REVENUESADDITIONAL DELAYS AND IMPAIRMENT FOR THE INDIAN HYDROPOWER PROJECTSVelcan Holdings Group closed 2019 with a net result, Group share, of EUR 3.6m compared to EUR 0.5m in 2018. This increase of results essentially stems from net financial gains, which amounted to EUR 8.1m in 2019 mostly because of the overall good performance of the financial markets in 2019 and the USD appreciation (2% compared to end of 2018). This gain of 8.1m compares to EUR 3.1m in 2018.During Fiscal Year 2019, VELCAN HOLDINGS Group continued developing its hydropower concessions located in India (571 MW), and operated its Rodeio Bonito hydropower plant (15 MW) in Brazil.  Given the uncertainties of the Indian hydropower market and the difficulties...