Day: May 29, 2020

HAMILTON, N.J., May 29, 2020 (GLOBE NEWSWIRE) — First Bank (NASDAQ: FRBA) today announced the closing of a $30.0 million private placement of fixed-to-floating rate subordinated notes.  The Bank plans to use the proceeds to redeem $22.0 million outstanding subordinated notes and for general corporate purposes.The notes have a maturity date of June 1, 2030, and carry a fixed rate of interest of 5.50% for the first five years. Thereafter, the notes will pay interest at a floating rate, reset quarterly, equal to the then current three-month SOFR plus 538 basis points.  The notes may be redeemed at the option of the Bank, without penalty, on or after June 1, 2025.  The subordinated notes have been structured to qualify as Tier 2 capital for regulatory purposes.President and Chief Executive Officer Patrick L. Ryan discussed the offering:...

MONTERREY, Mexico, May 29, 2020 (GLOBE NEWSWIRE) — Fomento Económico Mexicano, S.A.B. de C.V. (“FEMSA”) (NYSE: FMX; BMV: FEMSAUBD) announced that it reached an agreement with the Mexican tax authority (the Servicio de Administración Tributaria), to resolve interpretative differences over taxes paid outside of Mexico, without judicial action. Under the agreed terms, FEMSA will pay the amount of Ps. 8,790 million, that will be recognized in FEMSA’s financial statements during the second quarter of 2020.About FEMSAFEMSA creates economic and social value through companies and institutions and strives to be the best employer and neighbor to the communities in which it operates. It participates in the retail industry through FEMSA Comercio, comprising a Proximity Division operating OXXO, a small-format store chain, a Health Division, which...

MONTERREY, Mexico, May 29, 2020 (GLOBE NEWSWIRE) — Fomento Económico Mexicano, S.A.B. de C.V. (“FEMSA”) (NYSE: FMX; BMV: FEMSAUBD) informa que ha acordado con el Servicio de Administración Tributaria de México finalizar diferencias de interpretación que existían sobre impuestos pagados en el extranjero sin recurrir a instancias judiciales. Bajo los términos de este acuerdo, FEMSA pagará la cantidad de Ps. 8,790 millones, que serán reconocidos en los estados financieros de FEMSA, durante el segundo trimestre del 2020.Acerca de FEMSAFEMSA es una empresa que genera valor económico y social por medio de empresas e instituciones y busca ser el mejor empleador y vecino de las comunidades en donde tiene presencia. Participa en comercio al detalle a través de FEMSA Comercio, que comprende la División Proximidad y de la que forma parte OXXO,...

UNIONDALE, N.Y., May 29, 2020 (GLOBE NEWSWIRE) — Arbor Realty Trust, Inc. (NYSE:ABR) today announced the closing of a private label multifamily mortgage loan securitization totaling approximately $727 million (the “Securitization”). Arbor Private Label, LLC, originated the mortgage loans and was the loan seller and sponsor for the Securitization.  The Securitization is the first for Arbor’s new private label multifamily mortgage loan securitization program.The Securitization is backed by a pool of 40 fixed rate, 10-year mortgage loans secured by first priority mortgage liens on 49 multifamily properties.  Arbor’s servicing and asset management affiliate, Arbor Multifamily Lending, LLC, will be the primary servicer of the mortgage loans.Beneficial ownership interests in the Securitization trust are represented by a series of multifamily...

Tórshavn, Faroe Islands, 2020-05-28 (GLOBE NEWSWIRE) — P/F Atlantic Petroleum (NASDAQ Copenhagen: ATLA DKK & Oslo Stock Exchange: ATLA NOK) today posts its 1st quarter results for 2020. This announcement should be read in conjunction with Atlantic Petroleum’s Condensed Consolidated Interim Report, which is released separately and posted on the Company’s website..Highlights for Q1 2020:G&A cost was DKK 0.6MMOperating loss was DKK 9.2MMNet loss: DKK 7.0MMNet assets/share-holders equity was DKK 4.9MMBank debt was DKK 55.0MMMark T. Højgaard, CEO commented:We have reduced our General and administration cost to a minimum level, and we have no exposure to production costs on our assets.Depending on production from the UK Orlando field and the development in oil prices, Atlantic Petroleum is expecting to be cash generating in...

REDWOOD CITY, Calif., May 29, 2020 (GLOBE NEWSWIRE) — Guardant Health, Inc. (Nasdaq: GH) today announced the company will be participating in the upcoming William Blair Virtual Growth Stock Conference.Guardant Health’s management is scheduled for a fireside on Thursday, June 11th at 10:00 a.m. Pacific Time / 12:00 p.m. Central Time. Interested parties may access a live and archived webcast of the presentation on the “Investors” section of the company website at: www.guardanthealth.com.About Guardant HealthGuardant Health is a leading precision oncology company focused on helping conquer cancer globally through use of its proprietary blood tests, vast data sets and advanced analytics. The Guardant Health Oncology Platform leverages capabilities to drive commercial adoption, improve patient clinical outcomes and lower healthcare costs...

Company announcement – No. 31 / 2020Total number of shares and voting rights in Zealand Pharma at May 31, 2020Copenhagen, May 29, 2020 – Zealand Pharma A/S (“Zealand”) (NASDAQ: ZEAL) (CVR-no. 20 04 50 78), a Copenhagen-based biotechnology company focused on the discovery and development of innovative peptide-based medicines, in accordance with Section 10 of the Danish Statutory Order on Issuers’ Disclosure Obligations, announces the total number of shares and voting rights in the Company at the end of a calendar month during which there have been changes to its share capital. In Company announcement No. 29/2020 from May 26, 2020, Zealand announced an increase in share capital relating to the exercise of employee warrants. Following this announcement, the table below lists the total number of shares and voting rights in Zealand up...

CALGARY, Alberta, May 29, 2020 (GLOBE NEWSWIRE) — Marksmen Energy Inc. (“Marksmen” or the “Company”) (TSXV: MAH) (OTCQB: MKSEF) announces that it has filed disclosure documents for the year ended December 31, 2019 on SEDAR as listed below:Audited Consolidated Financial StatementsManagement’s Discussion and AnalysisForm 51-101F1 – Statement of Reserve Data and Other Oil and Gas InformationForm 51-101F2 – Report on Reserves Data by Independent Qualified Reserve EvaluatorForm 51-101F3 – Report of Management and Directors on Oil and Gas DisclosureAnnual Information FormThese documents can be found in Marksmen’s disclosure documents on the SEDAR website at www.sedar.com.Operational UpdateMarksmen has a Joint Operating Agreement with PEP Drilling LLC of Ohio, to recomplete up to 40 wells where the Clinton Sandstone was...

TORONTO, May 29, 2020 (GLOBE NEWSWIRE) — Samco Gold Limited (TSXV: SGA) (“Samco” or the “Company”) is providing an update on the status of the filing of its annual financial statements and accompanying management’s discussion and analysis, and related CEO and CFO certifications for the financial year ended December 31, 2019 (collectively “Annual Filings”) and the status of the filing of its quarterly financial statements and accompanying management’s discussion and analysis, and related CEO and CFO certifications for the three months ended March 31, 2020 (collectively “Quarterly Filings”).On March 23, 2020, the Canadian Securities Administrators (“CSA”) published substantially harmonized temporary exemptions from certain regulatory filing requirements which provide issuers with a 45-day filing extension for filings required on or...

Not for distribution to United States newswire services or for dissemination in the United States. This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States.TORONTO, May 29, 2020 (GLOBE NEWSWIRE) — Automotive Finco Corp. (TSX-V: AFCC.V) (the “Company”) today announced that it has filed condensed interim consolidated financial statements for the three months ended March 31, 2020. The statements together with the Management Discussion and Analysis can be found on SEDAR at www.sedar.com.About Automotive Finco Corp.Automotive Finco Corp (“AFCC”) is a high growth specialty finance company focused exclusively on the auto retail sector. Through its investment in Automotive Finance LP, the Company has exposure to a business providing long term, debt based acquisition...