Month: May 2020

TULSA, Okla., May 21, 2020 (GLOBE NEWSWIRE) — Matrix Service Company (Nasdaq: MTRX) (“Matrix” or “the Company”), a leading contractor to the energy and power markets across North America, today announced that its subsidiary, Matrix Service Inc. and a confidential utility, have executed a contract for the engineering, procurement, and construction (“EPC”) of a new liquified natural gas (“LNG”) liquefaction facility in the western United States.The Company will take this project into backlog in the fourth quarter of Fiscal 2020.The facility, which includes a 1+ billion cubic foot (Bcf) LNG storage tank, is being constructed to meet system reliability for the supply of natural gas to customers in a major metropolitan area and its surrounding counties. Construction is expected to begin in the third quarter of calendar year 2020 with...

WINNIPEG, Manitoba, May 21, 2020 (GLOBE NEWSWIRE) — People Corporation (the “Company”) (TSX Venture: PEO) is pleased to announce that Brevan Canning, Executive Vice President and Group Head, Group Solutions, has been promoted to President of People Corporation, effective May 21, 2020. Brevan has been with People Corporation since its inception in 2007 and has held senior leadership roles in its Third Party Administration, Group Benefits Consulting and Corporate and Shared Services business units. “On behalf of the Board of Directors, I would like to welcome Brevan as President and thank him for the instrumental contributions he has made to People Corporation since inception,” said Laurie Goldberg, Executive Chairman and Chief Executive Officer. “Brevan has brought his innovative leadership style and wealth of experience...

VANCOUVER, British Columbia, May 21, 2020 (GLOBE NEWSWIRE) — CloudMD Software & Services Inc. (CSE: DOC, OTCQB: DOCRF, Frankfurt: 6PH) (the “Company” or “CloudMD”), a telemedicine company revolutionizing the delivery of healthcare to patients, is proud to announce that one of their clinics’ doctors, Tahmeena Ali received the BC Family Physician of the Year Award from the BC College of Family Physicians.The BC College of Family Physicians is an organization representing over 6000 physicians across the province. The award recognizes a family doctor who provides exemplary care to patients and takes part in activities that contribute to excellence in family medicine.Dr. Ali practices full-service family medicine at one of the CloudMD clinics. She was an early adopter to incorporate telemedicine into her practice and greatly assisted...

VANCOUVER, British Columbia, May 21, 2020 (GLOBE NEWSWIRE) — FIREWEED ZINC LTD. (“Fireweed” or the “Company”) (TSXV: FWZ) provides details for participation in its virtual Annual General Meeting scheduled for May 28, 2020 at 10:00am (“AGM”).Due to the COVID-19 restrictions on public gatherings and in the best interest of the health of all participants in the Company’s AGM, the Company is holding the meeting on a virtual platform as noted in the Notice of Annual General Meeting issued April 27, 2020 and posted on www.sedar.com. The Company requests that shareholders who wish to participate in the AGM, contact the Company by May 26, 2020 at info@fireweedzinc.com to be included in the teleconference for the meeting. The Company will arrange for teleconference participation for all shareholders who have requested it by May 26, 2020....

TORONTO, May 21, 2020 (GLOBE NEWSWIRE) — Auxly Cannabis Group Inc. (TSX.V: XLY) (OTCQX: CBWTF) (“Auxly” or the “Company”) has issued an additional $2 million worth of unsecured convertible debentures (collectively, the “Second Tranche”) under its $25 million unsecured convertible debenture standby facility with an institutional investor (the “Investor”) as previously announced on April 28, 2020 (the “Original Offering”).Under the Second Tranche, the convertible debentures issued to the Investor have a conversion price of $0.425 per common share of the Company (each a “Common Share”), and the Investor received warrants to purchase 2,588,235 Common Shares until May 21, 2022 at an exercise price of $0.51 per Common Share. Each convertible debenture will mature on May 21, 2022 and will bear guaranteed interest from the date of issue...

Fiscal Fourth Quarter and Other Recent Highlights:Net investment income per share for the quarter was $0.59 compared to $0.54 for the quarter ended December 31, 2019Net asset value per share as of the end of the quarter was $15.70 compared to $18.27 as of December 31, 2019, a 14.1% decrease driven by the disruption in the global economy which has resulted from the COVID-19 pandemic and which has negatively impacted the fair value of the Company’s investment portfolioNew investment commitments made during the quarter totaled $153 million (1)Gross fundings during the quarter totaled $210 million (2)Net fundings during the quarter totaled $8 million, including $47 million for revolversNet leverage (3) as of the end of the quarter was 1.71x, compared to 1.43x as of December 31, 2019Received 97% of contractual interest payments during the...

DUBLIN, Calif., May 21, 2020 (GLOBE NEWSWIRE) — Giga-tronics Incorporated (OTCQB:GIGA) will release results for the fourth quarter and the fiscal year ended March 28, 2020 on Thursday May 28, 2020 after the close of trading on the OTCQB Market.Also on May 28, 2020, Giga-tronics will host a conference call at 4:30 p.m. ET to discuss the results and provide an update on Company operations.To participate in the call, dial: (888) 517-2470 or (630) 827-6818 and enter PIN Code 6379613#.  It is recommended that you call in five to ten minutes prior to the start time. You may also listen to the call via the Giga-tronics website at www.gigatronics.com.A replay of the call will be available later on the Giga-tronics website under “Investor Relations”.  This conference call will reflect management views as of May 28, 2020 only.Giga-tronics...

PHILADELPHIA and BELGRADE, Serbia, May 21, 2020 (GLOBE NEWSWIRE) — Hill International (NYSE:HIL), the global leader in managing construction risk, announced today that it has signed a contract extending the budget of its ongoing assignment providing technical assistance services to the European Investment Bank (EIB) for the implementation of the Infrastructure Project Facility 7 (IPF7) in the Western Balkans.In 2018, Hill began leading a consortium of international companies in the implementation of the IPF7, financed by the European Commission / Directorate-General for Neighbourhood and Enlargement Negotiations. With a current budget of over €34.5 million, the project provides a much-needed mechanism to facilitate the realization of bankable infrastructure investments in the energy, environmental, social, and transportation sectors...

JSC “Latvijas Gāze” invites shareholders, investors, mass media representatives and other stakeholders to join its investor conference webinar scheduled on May 28, 2020 at 16:00 (EEST). To join the webinar please follow the instructions below.Webinar will be hosted by Sebastian Groeblinghoff, Vice-Chairman of the Management Board of JSC “Latvijas Gāze”, and will be held in English.During the webinar Sebastian Groeblinghoff will analyze “Latvijas Gāze” Group’s unaudited financial results of 3 months 2020 (to be published on May 27, 2020) and inform about other key initiatives of the Group. After the presentation investors are welcome to ask questions. Due to the limited webinar time, please send in your questions in advance until May 27 to e-mail: ieva.unda@nasdaq.com.  What is webinar?Webinar is a virtual conference, during which company’s...