Day: May 11, 2020

VANCOUVER, British Columbia, May 11, 2020 (GLOBE NEWSWIRE) — American Pacific Mining Corp (CSE: USGD / FWB: 1QC / OTCPK: USGDD) (“APM” or the “Company”) is pleased to announce a private placement (the “Private Placement”) of up to 4,000,000 units (the “Units”) at a price of CAD$0.125 per Unit for gross proceeds of up to CAD$500,000. Each Unit will be comprised of one common share (the “Shares”) and one common share purchase warrant (the “Warrants”) with each Warrant entitling the holder to purchase one Share of the Company at a price of $0.20 per Share for a period of 18 months from the date of closing of the Private Placement.All securities issued will be subject to a four month hold period pursuant to securities laws in Canada. Finders fees of 7% cash and 7% finder’s warrants may be payable to qualified parties.The Company intends...

CORAL GABLES, Fla., May 11, 2020 (GLOBE NEWSWIRE) — Amerant Bancorp Inc. (NASDAQ: AMTB and AMTBB) (the “Company” or “Amerant”) today announced a change in the location of the 2020 Annual Meeting of Shareholders. Due to the continuing public health impact of the novel coronavirus (COVID-19) pandemic and to support the health and well-being of our employees, shareholders, and our community, the 2020 Annual Meeting will be held solely by remote communication, in a virtual only format. There will be no physical location for the meeting. The previously announced date and time of the meeting, Wednesday, June 3, 2020 at 8:00 a.m., Eastern Time has not changed. Online access to the meeting will begin at 7:45 a.m., Eastern Time using the following link: http://www.meetingcenter.io/291672896.Please be advised that the Notice of Internet Availability...

HOUSTON, May 11, 2020 (GLOBE NEWSWIRE) — Battalion Oil Corporation (NYSEA: BATL, “Battalion” or the “Company”) today announced its first quarter 2020 results.Average daily net production for the quarter ended March 31, 2020 was 18,791 barrels of oil equivalent per day (“Boepd”), of which oil represented 10,297 barrels of oil per day (“Bopd”), compared to 10,233 Bopd and 11,489 Bopd for the first and fourth quarters of 2019, respectively. The Company earned $47.4 million of total revenue for the first quarter of 2020, of which 88% was from oil sales, excluding the impact of hedge settlements. Excluding the realized gain on crude oil derivative contracts of $5.1 million, the Company realized 98% of NYMEX WTI during the first quarter of 2020.Total operating costs were $18.20 per Boe compared to $25.49 per Boe for the first quarter...

HOUSTON, May 11, 2020 (GLOBE NEWSWIRE) — Greenfields Petroleum Corporation (the “Company” or “Greenfields“) (TSX VENTURE: GNF), a production focused company with operating assets in Azerbaijan, announces that it has mailed a management information circular (the “Circular”) to holders (“Shareholders”) of its common shares (“Shares”) in connection with a special meeting (the “Meeting”) of Shareholders to be held solely by remote communication via webcast on June 3, 2020 at 10:00 a.m. (CST).The Company intends to apply to delist the Shares from the TSX Venture Exchange (“TSXV”) and apply to cease to be a reporting issuer in each province in which it currently reports and to terminate its public reporting obligations (the “Applications”)....

TORONTO, May 11, 2020 (GLOBE NEWSWIRE) — European Residential Real Estate Investment Trust (“ERES” or the “REIT”) (TSX-V: ERE.UN) announced today its results for the three months ended March 31, 2020.FIRST QUARTER 2020 HIGHLIGHTSNOI increased by 224% for the three months ended March 31, 2020 compared to the same period last year, primarily due to contribution from acquisitions during the period, higher monthly rents and reduced property operating costs driven by lower repairs and maintenance costs and lower property management fees on stabilized properties.NOI margin on the total portfolio was 76.0% compared to 73.5% for the same period last year, due to (i) higher monthly rents, (ii) lower R&M costs and (iii) reduced property management fees on stabilized properties.The REIT maintained a high, stable...

RECORD BASIC EPS OF $0.32 PER SHARE, UP 28.0%HOMEBUILDING GROSS MARGIN OF 23.1%, UP 230 BASIS POINTS42.3% INCREASE IN NEW HOME ORDERSRECORD BACKLOG $427.3 MILLION, UP 38.9%17.7% ENDING COMMUNITY GROWTH YEAR OVER YEARPLANO, Texas, May 11, 2020 (GLOBE NEWSWIRE) — Green Brick Partners, Inc. (Nasdaq: GRBK) (“we,” “Green Brick” or the “Company”) today reported results for its first quarter ended March 31, 2020.Results for the First Quarter Ended March 31, 2020:For the quarter ended March 31, 2020, basic net income attributable to Green Brick per common share (“EPS”), backlog, and net new home orders all reflect a record for any quarter, as detailed below. EPS was $0.32, a 28.0% increase compared to the quarterly earnings of $0.25 for the three months ended March 31, 2019. As compared to the three months ended March 31, 2019, total revenue...

LUXEMBOURG, May 11, 2020 (GLOBE NEWSWIRE) — Altisource Portfolio Solutions S.A. (“Altisource” or the “Company”) (NASDAQ: ASPS), a leading provider and marketplace for the real estate and mortgage industries, announced today that due to the public health impact of the COVID-19 pandemic and the restrictions on public gatherings issued by the government of Luxembourg, it will host its 2020 Annual Meeting of Shareholders virtually, and will no longer include an in-person event. The previously announced date and time of the meeting (May 19, 2020, at 9:00 a.m. Central European Time), and the business items to be considered at the meeting, remain the same.The virtual meeting will be conducted via live webcast at https://web.lumiagm.com/m#/157819148 commencing at 9:00 a.m. Central European Time on Tuesday, May 19, 2020.Shareholder of RecordShareholders...

FOLSOM, May 11, 2020 (GLOBE NEWSWIRE) —                                                                                                                                                                                                                   Media Contact:  Marissa Travaline(609) 561-9000 ext. 4227mtravaline@sjindustries.com                                                                                                          Investor Contact: Dan Fidell(609) 561-9000 ext. 7027dfidell@sjindustries.comFOR IMMEDIATE RELEASEKathleen Larkin Appointed Chief Human Resources Officer, SJIFOLSOM, NJ, May 11, 2020 – SJI (NYSE: SJI) today announced that Kathleen Larkin joined SJI in the role of senior vice president and chief human resources officer, effective May 11. In her new role, Larkin will provide strategic HR leadership, using...

OKLAHOMA CITY, May 11, 2020 (GLOBE NEWSWIRE) — Chaparral Energy, Inc. (NYSE: CHAP), (the “Company” or “Chaparral”) announced today its first quarter 2020 financial and operational results. The Company will hold its quarterly earnings call Tuesday, May 12, at 9 a.m. Central.HighlightsAchieved first quarter 2020 production of 30.7 thousand barrels of oil equivalent per day (MBoe/d), exceeding the high end of guidanceReported net income of $4.9 million for the first quarter of 2020, or $0.11 per share, which included a $71.4 million non-cash ceiling test impairment partially offset by a non-cash mark to market gain on derivatives of $69.2 million; adjusted net income, as defined below, was $10.8 million, or $0.23 per diluted shareMaintained strong Adjusted EBITDA, as defined below, of $40.7 million despite an approximate 19% and 22%...