Month: April 2020

SAN JOSE, Calif., April 29, 2020 (GLOBE NEWSWIRE) — California Water Service Group (Group) (NYSE: CWT) announced today that its California subsidiary, California Water Service (Cal Water), has requested that the California Public Utilities Commission (CPUC) delay upcoming rate changes due to the current COVID-19 pandemic, and has committed to deferring other bill increases during 2020.In a motion filed Tuesday, April 28, 2020 in its 2018 General Rate Case, Cal Water recognized the impact the current crisis may be having on its customers. While requesting that the CPUC move forward with a final decision in the case so Cal Water can complete its Infrastructure Improvement Plan and appropriately plan for its next General Rate Case, Cal Water proposed that any rate changes be postponed to January 1, 2021. The CPUC has authorized Cal Water...

MONTREAL, April 29, 2020 (GLOBE NEWSWIRE) — Glen Eagle Resources Inc. (TSX.V: GER) (or “the Company”) announces that it is deferring its filing and transmission dates of Financial Statements, given the logistical delays created by the COVID-19 outbreak, the Company will be forced to push the filing dates of its year-end 2019 and first quarter 2020 financial statements from April 28th, 2020 to June 12th, 2020 or before and from May 28th, 2020 to July 14th, 2020 or before, respectively.A full list of filings that will be delayed includes: 2019 Year-End Financial Statements and MD&A, CEO & CFO Certifications; Q1 2020 Interim Financial Statements and MD&A, CEO & CFO Certifications. The revised filing dates will not constitute regulatory defaults by the Company as the Canadian Securities Administrators...

NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO U.S. WIRE SERVICESVANCOUVER, British Columbia, April 29, 2020 (GLOBE NEWSWIRE) — Thor Explorations Ltd. (TSX VENTURE: THX) (“Thor” or the “Company”) is pleased to announce that it has closed its previously announced non-brokered private placement of 28,215,750 common shares of the Company (the “Common Shares”) with the Africa Finance Corporation (“AFC”) for gross proceeds of C$5,643,150 (US$4,250,000) to reach full funding of the Segilola Gold Project in Nigeria (the “Project”).The Company is also pleased to announce the issuance of 34,750,000 Common Shares against US$5,000,000 of invoices under its EPC schedule.In the aggregate, the Company has closed a total of C$13,000,000 (US$9,250,000) through the issuance of 62,965,750 Common Shares at a price of C$0.20 per Common...

TORONTO, April 29, 2020 (GLOBE NEWSWIRE) — Shawcor Ltd. (TSX:SCL) announced today that, for personal reasons, including in light of the COVID-19 pandemic and its effects, Donald Wishart and John Baldwin have advised the Company that they do not intend to stand for re-election as directors at the upcoming Annual Meeting of Shareholders, currently scheduled for May 13, 2020.  Accordingly, their candidacies will not be voted on at the Meeting. As Mr. Wishart is currently the Chair of Shawcor, a new Chair will need to be appointed.  At this time, it is anticipated that Derek Blackwood, a current director, will be appointed as the Chair following the Meeting. The Board will continue to review optimal Board size, skills and cost structure to ensure alignment with the forecasted business outlook and the Company’s requirements.Shawcor Ltd....

ALEXANDRIA, La., April 29, 2020 (GLOBE NEWSWIRE) — Red River Bancshares, Inc. (the “Company”), (Nasdaq: RRBI), the holding company for Red River Bank (the “Bank”), announced today its unaudited financial results for the first quarter of 2020 and provided an update on the Bank’s response to the outbreak of the novel coronavirus (“COVID-19”) pandemic and its participation in the Small Business Administration (“SBA”) Paycheck Protection Program (“PPP”).Net income for the first quarter of 2020 was $6.7 million, or $0.92 per diluted common share (“EPS”), which was consistent with $6.7 million, or $0.92 EPS, for the fourth quarter of 2019, and an increase of $1.0 million, or 18.4%, compared to $5.7 million, or $0.85 EPS, for the first quarter of 2019.COVID-19 Pandemic and the Paycheck...

The Annual General Meeting in Polarcus Limited (“Polarcus” or the “Company”) (OSE: PLCS) held on 29 April 2020 elected Mrs. Nina Tronstad as a board member of the Company, with a term of office expiring at the Company’s 2021 annual general meeting at which Mrs. Tronstad will be eligible for re-election.Mrs. Tronstad has held a series of successful senior executive roles in the oil and gas sector with Kvaerner, Aker Solutions and Equinor. She is a chemical engineer by profession. Mrs. Tronstad also sits on the board of directors of other entities including Norges Bank, GIEK and Prosafe.Following the AGM, the board of directors of Polarcus comprises the following members: Mr. Mike Mannering (Chairman), Mrs. Karen El-Tawil, Mr. Erik Mathiesen, Mr. Monish Sahni, Mrs. Nina Tronstad and Mr. Peter Zickerman. Short biographies on each director...

The Annual General Meeting of Polarcus Limited (“Polarcus” or the “Company”) (OSE: PLCS) was held today by way of a webcast meeting hosted from Dubai, U.A.E.The Annual General Meeting resolved to approve all matters as proposed in the Notice dated 14 April 2020.The minutes of the meeting are attached.  ContactsCaleb Raywood, Company Secretary+971 4 4360 816caleb.raywood@polarcus.comHans-Peter Burlid, CFO+971 50 559 8175hp.burlid@polarcus.com About PolarcusThis information is subject to the disclosure requirements pursuant to section 5 -12 of the Norwegian Securities Trading Act.AttachmentPolarcus AGM Minutes 2020

BOSTON, April 29, 2020 (GLOBE NEWSWIRE) — Rapid7, Inc. (“Rapid7”) (Nasdaq: RPD) today announced the pricing of $200.0 million aggregate principal amount of 2.25% convertible senior notes due 2025 in a private placement to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”). Rapid7 also granted the initial purchasers of the notes an option to purchase up to an additional $30.0 million aggregate principal amount of notes. The sale of the notes is expected to close on May 1, 2020, subject to customary closing conditions.The notes will be general unsecured obligations of Rapid7 and will accrue interest payable semiannually in arrears on May 1 and November 1 of each year, beginning on November 1, 2020, at a rate of 2.25% per year. The...

Company Donates the Equivalent of 15,000 meals to Bridges Outreach, Inc. and GRACE to Support Local Community Affected by COVID-19EAST RUTHERFORD, NJ, April 29, 2020 (GLOBE NEWSWIRE) — MamaMancini’s Holdings, Inc. (OTCQB: MMMB) (“MamaMancini’s” or the “Company”), a marketer of specialty pre-prepared, frozen and refrigerated food products, has provided preliminary estimated financial results for the fiscal first quarter ended April 30, 2020.The Company expects estimated revenues to increase at least 45% to a record $10.7 million, compared to $7.4 million in the same year-ago quarter. MamaMancini’s also expects estimated record net income for the fiscal first quarter 2021. Final recognized revenue and net income is subject to MamaMancini’s quarterly SEC accounting review and annual audit which may change these financial...

FORT LAUDERDALE, Fla., April 29, 2020 (GLOBE NEWSWIRE) — KEMET Corporation (“KEMET”) (NYSE: KEM) today announced that, in connection with the pending acquisition of KEMET by Yageo Corporation (“Yageo”) (TAIEX: 2327), the parties received a notice from the Anti-Monopoly Bureau of the State Administration for Market Regulation in China (SAMR) of its unconditional approval of the pending acquisition of KEMET by Yageo under the Anti-Monopoly Law of China.The remaining required regulatory approval to consummate the transaction is approval from the Investment Commission, Ministry of Economic Affairs in Taiwan. The parties’ submission was recently filed, and reviews typically take up to approximately 90 days to complete.About KEMETKEMET’s common stock is listed on the NYSE under the ticker symbol “KEM” (NYSE: KEM). At the Investor Relations...