Day: May 26, 2020

CALGARY, Alberta, May 26, 2020 (GLOBE NEWSWIRE) — Maxim Power Corp. (“MAXIM” or the “Corporation“) announced today that it has received approval from the Toronto Stock Exchange (“TSX“) to proceed with a normal course issuer bid (“NCIB“). Under the NCIB, the Corporation may purchase for cancellation up to 2,500,000 common shares of the Corporation (the “Shares“). As at May 22, 2020, MAXIM had 50,061,831 Shares issued and outstanding.  As such, the NCIB represents approximately 5% of MAXIM’s issued and outstanding Shares as at May 22, 2020. The actual number of Shares that may be purchased for cancellation under the NCIB and the timing of any such purchases will be determined by MAXIM, subject to a maximum daily purchase limitation of 7,894 Shares, which equates to...

VANCOUVER, British Columbia, May 26, 2020 (GLOBE NEWSWIRE) — Scottie Resources Corp. (“Scottie” or the “Company”) (TSXV: SCOT) announces that it has granted 3,625,000 options to acquire common shares to certain directors, officers and consultants of the Company. The options are exercisable at a price of $0.215 per share and are valid for a period of five years.ABOUT SCOTTIE RESOURCES CORP.Scottie owns a 100% interest in the high-grade, past-producing Scottie Gold Mine and Bow properties and has the option to purchase a 100% interest in Summit Lake claims which are contiguous with the Scottie Gold Mine property. Scottie also owns 100% interest in the Cambria Project properties and the Sulu property.All of the Company’s properties are located in the area known as the Golden Triangle of British Columbia which is among the world’s most...

Kalamazoo, Michigan, May 26, 2020 (GLOBE NEWSWIRE) — Stryker (NYSE:SYK) (the “Company”) announced today that it has priced the following senior notes: (i) $650 million aggregate principal amount of the Company’s 1.150% Notes due 2025 (the “2025 Notes”), (ii) $1 billion aggregate principal amount of the Company’s 1.950% Notes due 2030 (the “2030 Notes”), and (iii) $650 million aggregate principal amount of the Company’s 2.900% Notes due 2050 (the “2050 Notes” and, collectively with the 2025 Notes and the 2030 Notes, the “Notes”). Unless previously redeemed pursuant to their terms, if applicable, the 2025 Notes will mature on June 15, 2025, the 2030 Notes will mature on June 15, 2030, and the 2050 Notes will mature on June 15, 2050. The offering of the Notes is expected to settle on June 4, 2020, subject to the satisfaction of customary...

GULFPORT, Miss., May 26, 2020 (GLOBE NEWSWIRE) — Hancock Whitney Corporation (Nasdaq: HWC) today announced the pricing of an offering of $150 million of its 6.25% Subordinated Notes due 2060 (“the Notes”). The Notes are expected to trade on the Nasdaq Global Select Market under the ticker “HWCPZ” within 30 days of the original issue date of the Notes. The offering is expected to close on June 2, 2020, subject to the satisfaction or waiver of customary closing conditions.The Notes are intended to qualify as Tier 2 regulatory capital for the company, and the company intends to use the proceeds for general corporate purposes and to supplement existing capital.Hancock Whitney expects net proceeds of this offering, before expenses, of approximately $172.5 million, if the underwriters exercise their option to purchase additional notes...

All amounts in U.S. dollars unless otherwise indicatedBROOKFIELD, News, May 26, 2020 (GLOBE NEWSWIRE) — Brookfield Renewable Partners L.P. (TSX: BEP.UN; NYSE: BEP) (“Brookfield Renewable” or “BEP“) and Brookfield Asset Management Inc. (“BAM”) today announced a secondary offering of 10,236,000 limited partnership units of Brookfield Renewable (“LP Units”) by certain affiliates of BAM (the “Selling Securityholders”) on a bought deal basis to a syndicate of underwriters led by Scotiabank, TD Securities Inc. and CIBC Capital Markets (collectively, the “Underwriters”) for distribution to the public. The Selling Securityholders have agreed to sell the LP Units at a price of $48.85 per LP Unit, for gross proceeds of $500,028,600. Brookfield Renewable is not selling any LP Units in the offering and will not receive any of the...

READING, Pa., May 26, 2020 (GLOBE NEWSWIRE) — EnerSys (NYSE: ENS) the global leader in stored energy solutions for industrial applications announced today that it plans to release its fourth quarter and full year fiscal 2020 results on June 1, 2020. The Company will host a conference call to discuss its fourth quarter and full year fiscal 2020 financial results on June 2, 2020, and to provide an overview of the business. The call will conclude with a question and answer session.The call, scheduled for Tuesday, June 2, 2020 beginning at 9:00 a.m. Eastern Time, will be hosted by David M. Shaffer, Chief Executive Officer, and Michael J. Schmidtlein, Chief Financial Officer.A live webcast of the conference call will be available on the Company’s website at http://www.enersys.com under the “Investor Relations” link. Presentation...

ATHENS, Greece, May 26, 2020 (GLOBE NEWSWIRE) — Star Bulk Carriers Corp. (the “Company” or “Star Bulk”) (Nasdaq and Oslo: SBLK), a global shipping company focusing on the transportation of dry bulk cargoes, today announced its unaudited financial and operating results for the first quarter ended March 31, 2020.Financial HighlightsEBITDA and Adjusted EBITDA are non-GAAP measures. Please see the table at the end of this release for a reconciliation of EBITDA and Adjusted EBITDA to Net Cash Provided by / (Used in) Operating Activities, which is the most directly comparable financial measure calculated and presented in accordance with generally accepted accounting principles in the United States (“U.S. GAAP”) as well as for the definition of each measure. To derive Adjusted EBITDA from EBITDA, we exclude non-cash...

HOLLISTON, Mass., May 26, 2020 (GLOBE NEWSWIRE) — Jim Green, Chairman, President & Chief Executive Officer of Harvard Bioscience, Inc. (Nasdaq: HBIO) (the “Company” or “Harvard Bioscience”), today issued a letter to shareholders updating them on the Company’s execution against the key strategic actions committed to in September 2019 to position Harvard Bioscience for long-term profitable growth.The full text of the letter follows:Dear Harvard Bioscience Shareholders,I am writing to provide you with updates on our performance against our strategic plan and how are we meeting our commitment to turn around Harvard Bioscience while navigating through the challenges of the COVID-19 pandemic.Let me start by saying that we are proud to see our products playing a valuable part in the fight against COVID-19. We have seen a significant...

FREEHOLD, NJ, May 26, 2020 (GLOBE NEWSWIRE) — UMH Properties, Inc. (NYSE:UMH) announced today that due to the public health impact of the coronavirus (COVID-19) pandemic, and to support the health and safety of its shareholders, employees, directors and other meeting participants, its 2020 Annual Meeting of Shareholders (the “Annual Meeting”) will be held solely by means of remote communication, via live audio webcast, at its originally-scheduled date and time of 4:00 p.m. Eastern Time on June 11, 2020. This year, shareholders will not be able to physically attend the Annual Meeting; however, shareholders attending the Annual Meeting virtually will be able to listen to and participate in the proceedings and will have opportunities to electronically vote their shares and ask questions equivalent to an in-person meeting of shareholders.Shareholders...

MADISON, Wis., May 26, 2020 (GLOBE NEWSWIRE) — Interstate Power and Light Company (“IPL”), a wholly owned subsidiary of Alliant Energy Corporation (NASDAQ: LNT), announced the pricing of its public offering of $400 million aggregate principal amount of 2.300% senior debentures.  The senior debentures will be due on June 1, 2030.  IPL intends to use the proceeds from this offering to retire its $200 million aggregate principal amount of 3.65% senior debentures maturing on September 1, 2020 at or prior to maturity and for general corporate purposes. The closing of the offering is expected to occur on June 2, 2020, subject to customary closing conditions.The offering was marketed through a group of underwriters consisting of Goldman Sachs & Co. LLC, Mizuho Securities USA LLC and MUFG Securities Americas Inc. as joint book-running...