Day: May 20, 2020
LOS ANGELES, May 20, 2020 (GLOBE NEWSWIRE) — Cinedigm (NASDAQ: CIDM) (“Cinedigm” or the “Company”), today announced it has entered into definitive agreements with investors for the purchase and sale of 10,666,666 shares of its common stock at a purchase price of $0.75 per share in a registered direct offering priced at-the-market under Nasdaq rules. The closing of the offering is expected to occur on or about May 22, 2020, subject to the satisfaction of customary closing conditions.The Benchmark Company LLC and A.G.P./Alliance Global Partners are acting as co-lead placement agents for the offering. This offering is being made pursuant to an effective shelf registration statement on Form S-3 (File No. 333-238183) previously filed with the U.S. Securities and Exchange Commission (the “SEC”). A prospectus supplement describing the...
New Wave Holdings Announces $4 Million Equity Offering
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NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATESTORONTO, May 20, 2020 (GLOBE NEWSWIRE) — New Wave Holdings Corp. (CSE: SPOR, FWB:0XM2, OTC:TRMND) (“New Wave” or the “Company”), is pleased to announce a proposed offering of up to 12,122,000 units (the “Units”) at an offering price of $0.33 per Unit (the “Issue Price”), for aggregate gross proceeds of up to $4,000,260 (the “Offering”). The Units will be offered on a best efforts basis by Eight Capital, as agent for the Company (the “Agent”), by way of a private placement.Each Unit will be comprised of one common share in the capital of the Company (a “Common Share”) and one common share purchase warrant (a “Warrant”). Each Warrant shall entitle the holder thereof to purchase one Common Share at an exercise price of $0.45, for a period...
DTG2Go Drives Rapid Growth with On-Demand Supply Chain Solution
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GREENVILLE, S.C., May 20, 2020 (GLOBE NEWSWIRE) — Delta Apparel, Inc. (NYSE American: DLA), a leading provider of core activewear and lifestyle apparel products, announces strong April performance and future growth prospects in its DTG2Go business, a market leader in the direct-to-garment digital print and fulfillment industry.During April, average daily orders have accelerated to levels similar to the holiday season. This resulted in sales growth of 25% in April compared to the prior year, with nearly half of the volume growth attributable to onboarding new customers to the DTG2Go platform.Deborah Merrill, Delta Group President, commented, “I am proud of the DTG2Go team members who have successfully increased production levels at the end of April by nearly 50% compared to the end of March, while adhering to appropriate safety and...
Global Atomic Publishes Dasa Project Economic Study
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TORONTO, May 20, 2020 (GLOBE NEWSWIRE) — Global Atomic Corporation (“Global Atomic” or the “Company”), (TSX: GLO, OTCQX: GLATF, FRANKFURT: G12), the multi-asset development company with cash flow from the BST facility in Turkey and one of the world’s premium uranium development assets, at the Dasa Project in the Republic of Niger, is pleased to report on the publication and filing of the recently announced, NI 43-101 compliant, Preliminary Economic Assessment, (“PEA”), which can now be found on www.SEDAR.com as well as the Global Atomic Corporation website (www.globalatomiccorp.com).The PEA Study, which focuses on a high grade, low cost, Phase 1, mine development at the Dasa Project, located in the Republic of Niger, was completed by CSA Global Pty. Ltd., of Perth, Australia, with collaboration from METC Engineering in Johannesburg,...
CB Financial Services, Inc. Announces Quarterly Cash Dividend
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WASHINGTON, Pa., May 20, 2020 (GLOBE NEWSWIRE) — CB Financial Services, Inc. (the “Company”) (NASDAQGM: CBFV), the holding company for Community Bank, today announced that its Board of Directors has declared a $0.24 quarterly cash dividend per outstanding share of common stock, payable on or about June 15, 2020, to stockholders of record as of the close of business on June 5, 2020.About CB Financial Services, Inc.CB Financial Services, Inc. is the bank holding company for Community Bank, a Pennsylvania-chartered commercial bank located in Washington, Pennsylvania. Community Bank operates twenty offices in Greene, Allegheny, Washington, Fayette, and Westmoreland Counties in southwestern Pennsylvania, seven offices in Brooke, Marshall, Ohio, Upshur and Wetzel Counties in West Virginia, and one office in Belmont County in Ohio. Community...
EURO Ressources – Appointment of the Chairman of the board of directors and declaration of dividend
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APPOINTMENT OF THE CHAIRMAN OF THE BOARD OF DIRECTORSAND DECLARATION OF DIVIDENDPARIS, France, May 20, 2020: EURO Ressources S.A. (“EURO” or “the Company”) (Paris: EUR) reports effective May 20, 2020, the board of directors was re-elected at the annual ordinary general meeting of shareholders held May 20, 2020. Mr. David Watkins was reappointed as Chairman of the board of directors of EURO by the board of directors. Also, Mr. Tidiane Barry and Ms. Sophie Hallé have been reappointed to the office of Directeur Général and Directeur Général Délégué respectively.As well, EURO reports that the annual ordinary general meeting of shareholders held May 20, 2020 has determined that a dividend in the amount of €0.20 per ordinary share will be paid to the Company’s shareholders. The ex-dividend date will be June 9, 2020, the dividend record date...
EURO Ressources – Nomination du Président du conseil d’administration et fixation du dividende
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NOMINATION DU PRÉSIDENT DU CONSEIL D’ADMINISTRATION ET FIXATION DU DIVIDENDEPARIS, France, le 20 mai 2020 : EURO Ressources S.A. (« EURO » ou « la Société ») (Paris : EUR) annonce qu’à compter du 20 mai 2020, le conseil d’administration a été réélu durant l’assemblée générale ordinaire annuelle des actionnaires tenue le 20 mai 2020. Monsieur David Watkins a été renouvelé dans ses fonctions de Président du conseil d’administration d’EURO par le conseil d’administration. Également, Monsieur Tidiane Barry et Madame Sophie Hallé ont été renouvelés dans leur fonction de Directeur Général et Directeur Général Délégué respectivement.De plus, l’assemblée générale ordinaire annuelle des actionnaires du 20 mai 2020 a décidé qu’un dividende d’un montant de 0,20 euro par action sera payé aux actionnaires de la Société. ...
Inventus Identifies New Targets at Sudbury 2.0 Project
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TORONTO, May 20, 2020 (GLOBE NEWSWIRE) — Inventus Mining Corp. (TSX VENTURE: IVS) (“Inventus” or the “Company”) is pleased to announce the completion of its 2020 winter exploration program on its 100%-owned Sudbury 2.0 property, located 40 km northeast of Sudbury, Ontario.An induced polarization (IP) survey was successfully completed and intriguing new exploration targets at Big Valley Lake and Doon Lake North have been identified. Five shallow exploration drill holes were also completed into the Laura Creek Offset Dyke to better evaluate the dyke’s orientation, width and geologic setting. Inventus intends to conduct follow-up trenching and sampling of the IP targets where they project to surface and additional drilling is planned later in the year.Big Valley Lake and Doon Lake North IP SurveysIP at the Big Valley Lake Grid identified...
Con Edison Invests for Summer 2020 and New York’s Clean Energy Future
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NEW YORK, May 20, 2020 (GLOBE NEWSWIRE) — Con Edison has invested $1.3 billion in its electric-delivery systems to keep service reliable this summer while continuing to be a leader in adding new technologies to build a clean energy future.Con Edison is preparing for a typically hot New York summer and one that brings the additional challenge of protecting the public and employees during the coronavirus health emergency.The company projects summer bills for typical New York City residential customers will be higher this summer due to more people staying home, as well as increased supply charges by power generators. In Westchester County, supply charges may result in slightly lower bills for typical residential customers, depending on usage.Con Edison does not make a profit on these supply charges and has taken steps to defer some...
Farmers & Merchants Bancorp, Inc. Ranked in Top 200 Publicly Traded Community Banks and Thrifts List by American Banker Magazine for Fourth Straight Year
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ARCHBOLD, Ohio, May 20, 2020 (GLOBE NEWSWIRE) — Farmers & Merchants Bancorp, Inc., (Nasdaq: FMAO) the holding company of The Farmers & Merchants State Bank, announced for the fourth straight year that it has been named to American Banker magazine’s Top 200 Publicly Traded Community Banks and Thrifts. The listing is based on a three-year average return on equity (“ROE”) as of 12/31/2019.“It is an honor to again be named to American Banker’s Top 200 Community Banks list,” said Lars Eller, President and CEO. “We are proud to be listed with such quality banks across the country. Our mission is to nurture lasting relationships with our customers, communities and shareholders. We feel this honor is a reflection of the efforts of our talented team of bankers across our company.”About Farmer & Merchants State Bank:Farmers...