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Day: May 26, 2020

Can B Corp Announces First Quarter 2020 Results Increased Quarterly Revenue, Outpacing Expense Increases Demonstrating Scalability and Leverage of the Business Gross Margin of 79%

HICKSVILLE, NY, May 26, 2020 (GLOBE NEWSWIRE) — via NEWMEDIAWIRE – Can B Corp. (OTCQB: CANB) (“Can B” or the “Company”), a diversified health and wellness company, announced today operating and financial results for the first quarter ended March 31, 2020.“I am pleased to report that we are off to an exceptional start in 2020 and our business model is demonstrating its scalability and leverage. For the first time since our inception, our revenue growth has outpaced the increase in operating expenses. Combined with our 79% gross margin, we are operating at our most efficient rate ever. We expect continued growth of the business and our goal is no less than profitability,” stated Marco Alfonsi, Can B’s Chief Executive Officer.Mr. Alfonsi continued, “On the corporate front, our name change to Can B Corp. better reflects our position...

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Diamondback Energy Announces the Expiration of the Tender Offer by Energen Corporation for Any and All of Energen Corporation’s 4.625% Senior Notes Due 2021

MIDLAND, Texas, May 26, 2020 (GLOBE NEWSWIRE) — Diamondback Energy, Inc. (NASDAQ:FANG) (“Diamondback” or the “Company”) today announced that the previously announced cash tender offer by its wholly-owned subsidiary, Energen Corporation (“Energen”), to purchase any and all of Energen’s 4.625% Senior Notes due 2021 (the “Notes”) expired at 5:00 p.m., New York City time, on May 22, 2020 (the “Expiration Time”). As of the Expiration Time, $208,687,000 aggregate principal amount of the Notes (52.17%) were validly tendered, which excludes $385,000 aggregate principal amount of the Notes that remain subject to guaranteed delivery procedures. Energen expects to accept for payment all Notes validly tendered and not validly withdrawn in the tender offer and expects to make payment for the Notes on May 26, 2020. Pursuant to the...

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Rubicon Organics Announces Upsize of Previously Announced Private Placement to $11.1 Million

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE U.S.VANCOUVER, British Columbia, May 26, 2020 (GLOBE NEWSWIRE) — Rubicon Organics Inc. (CSE:ROMJ) (OTCQX:ROMJF) (“Rubicon Organics” or the “Company”) is pleased to announce that, due to strong investor demand, it has increased its previously announced non-brokered private placement offering to up to 4,723,404 units of the Company (“Units”) at a price of $2.35 per Unit for gross proceeds of up to $11.1 million (the “Offering”). Each Unit shall be comprised of one common share of the Company (each, a “Common Share”) and one Common Share purchase warrant of the Company (each, a “Warrant”). Each Warrant shall entitle the holder thereof to acquire one Common Share at a price of $3.25 per Common Share at any time during the 12-month period following the closing...

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Mesoblast to Host Analyst Call on Financial Results for Period Ended March 31, 2020

NEW YORK, May 26, 2020 (GLOBE NEWSWIRE) — Mesoblast Limited (Nasdaq:MESO; ASX:MSB), global leader in cellular medicines for inflammatory diseases, will host an analyst call to discuss the financial results for the period ended March 31, 2020. The webcast will begin at 6pm EDT Wednesday, May 27; 8am AEST Thursday, May 28, 2020.The live webcast can be accessed via:https://webcast.boardroom.media/mesoblast-limited/20200526/NaNmesoblast-q3-financial-results  To register for the teleconference, please visit:https://s1.c-conf.com/diamondpass/10007263-invite.html To access the call only, dial 1 855 881 1339 (U.S.), 1800 870 643 or 1800 809 971 (Australia) or +61 2 9007 3187 (outside of the U.S. and Australia). The conference identification code is 10007263.The archived webcast will be available on the Investor page of www.mesoblast.comAbout...

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Oma Säästöpankki Oyj täydentää yhtiökokouskutsua lisäohjeilla kokouksen järjestämisen varmistamiseksi

OMA SÄÄSTÖPANKKI OYJ, PÖRSSITIEDOTE 26.5.2020 KLO 13.00, YHTIÖKOKOUSKUTSUOma Säästöpankki Oyj täydentää yhtiökokouskutsua lisäohjeilla kokouksen järjestämisen varmistamiseksiKuten pörssitiedotteessa 3.4.2020 olemme ilmoittaneet, Oma Säästöpankki Oyj:n varsinainen yhtiökokous pidetään 15.6.2020 klo 13.00 yhtiön kokoustiloissa osoitteessa Pohjoisranta 4, 5. krs, 00100 Helsinki. Pidämme yhtiökokouksen erityisjärjestelyin ja täydennämme yhtiökokouskutsua lisäohjeilla kokouksen järjestämisen varmistamiseksi. Toivomme osakkeenomistajien ymmärrystä järjestelyille, jotta tarvittavat päätökset saadaan tehtyä.Oma Säästöpankki suhtautuu koronavirustilanteeseen erittäin vakavasti ja ryhtyy ennaltaehkäiseviin varotoimiin yhtiökokouksen järjestelyissä varmistaakseen niiden henkilöiden turvallisuuden, joiden on välttämätöntä olla yhtiökokouksessa paikalla....

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Oma Savings Bank Plc supplements the Annual General Meeting with additional instructions to ensure the meeting is held

OMA SAVINGS BANK PLC STOCK EXCHANGE RELEASE, 26 MAY 2020 AT 13.00 P.M EET, NOTICE TO GENERAL MEETINGOma Savings Bank Plc supplements the Annual General Meeting with additional instructions to ensure the meeting is heldAs indicated in the stock exchange release on 3 April 2020, the Annual General Meeting of Oma Savings Plc will be held at 13:00 pm on 15 June 2020 at the company’s meeting rooms at Pohjoisranta 4, 5th floor, 00100 Helsinki. We will hold the Annual General Meeting with special arrangements and therefore supplement the Annual General Meeting call with additional instructions to ensure the meeting is held. We hope for the understanding of shareholders of the arrangements to get the necessary decisions made.The Oma Savings Bank takes the coronavirus situation very seriously and takes preventive precautions in the arrangements...

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Novaturas Group introduces a new service – local tourism

Adapting to the situation caused by COVID-19 and changes in the tourism industry, Novaturas Group introduces a new service – leisure holidays and sightseeing trips in Lithuania. As  neighboring countries continue to ease restrictions, the Company also expects to offer travelers holidays in other Baltic states in the nearest future.The Company‘s starting position is the Lithuanian market and will offer its residents leisure and recreation hotel bookings in 7 Lithuanian resorts and 8 sightseeing tours by bus. The customers can purchase holidays both directly through the company’s own channels as well as through an extensive network of business partners – travel agencies.“Safe local tourism is a top choice for those who are planning their holidays very soon and will remain a good alternative throughout the year. Even...

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Prosafe SE: First quarter 2020 report – Adapting to a new reality

(Figures in brackets refer to the corresponding period of 2019)Prosafe implemented Covid-19 plans early to safeguard people and assets, and this has proven successful both onshore and offshore.Total liquidity of USD 183.6 million per Q1 2020. Based on a continuation of the forbearance arrangement and the deferral of making payment of scheduled instalments and interests on loans, the company is all else equal able to stay cash positive well beyond the next 12 months.The company has presented a restructuring proposal to lenders that if approved as proposed, will result in a sustainable balance sheet. The company has requested an extension to the forbearance arrangement till end June 2020 to ensure stability and sufficient time to seek agreement with lenders.On 13 February 2020, Prosafe and Floatel International mutually decided to discontinue...

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Silt Curtain Market to Reach USD 10,271.8 Thousand by 2027; Increasing Construction Activities Will Aid Market Growth, says Fortune Business Insights™

Pune, May 26, 2020 (GLOBE NEWSWIRE) — The global Silt Curtain Market size is projected to reach USD 10,271.8 Thousand by the end of 2027. Increasing demand for the product owing to widespread applications will emerge in favor of market growth. According to a report published by Fortune Business Insights, titled “Silt Curtain Market Size, Share & Industry Analysis, By Type (Type I, Type II, and Type III), and By Application (Erosion Control, and Construction), and Regional Forecast, 2020-2027,” the market was worth USD 7,765.7 Thousand in 2019 and will exhibit a CAGR of 3.8% during the forecast period, 2020-2027.The emergence of COVID-19 has brought the world to a standstill. We understand that this health crisis has brought an unprecedented impact on businesses across industries. However, this too shall pass. Rising support...

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