Month: May 2020

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR RELEASE, PUBLICATION, DISTRIBUTION OR DISSEMINATION DIRECTLY, OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES.DENVER, May 19, 2020 (GLOBE NEWSWIRE) — Assure Holdings Corp. (the “Company” or “Assure”) (TSXV: IOM; OTCQB: ARHH), announces the closing of the previously announced non-brokered private placement of convertible debenture units (the “Offering”) raising a total of US$830,000. The Offering was completed in two tranches, the last of which closed on May 18, 2020. In total, the Company issued an aggregate of 830 unsecured redeemable convertible debentures and 830,000 common share purchase warrants. For further details concerning the Offering, please refer to the Company’s news releases dated April 24 and May 12, 2020.“We are pleased to have attracted...

TORONTO, May 19, 2020 (GLOBE NEWSWIRE) — Flow Capital Corp. (TSXV: FW) (“Flow Capital”) today announced its financial and operating results for the three-month period ended March 31, 2020. Financial references are in Canadian dollars unless otherwise specified.2020 First Quarter HighlightsTotal revenue under IFRS $1,093,000Net loss from continuing operations of $370,000Adjusted EBITDA(1) of $592,000Generated cash from operations of $1,930,000Collected $1,500,000 on repayment of a promissory noteRedeemed $1,000,000 in Class A units of the Priority Return FundPurchased 1,538,500 common shares for $199,000, pursuant to a normal course issuer bid initiated on December 16, 2019“In the first quarter, we maintained our focus on capital efficiency and increased our investible cash balance to over $10.6 million, as we assessed the challenges...

FALLS CHURCH, Va., May 19, 2020 (GLOBE NEWSWIRE) — The board of directors of Northrop Grumman Corporation (NYSE: NOC) declared a quarterly dividend of $1.45 per share on Northrop Grumman common stock, payable June 17, 2020, to shareholders of record as of the close of business June 1, 2020.“Our focus during the COVID-19 pandemic is on maintaining the health and well-being of our employees and delivering national security solutions for our customers. We also continue to execute a balanced capital deployment strategy that calls for investments in our business and a competitive dividend for shareholders,” said Kathy Warden, chairman, chief executive officer and president.Northrop Grumman solves the toughest problems in space, aeronautics, defense and cyberspace to meet the ever evolving needs of our customers worldwide. Our 90,000...

PLAINVIEW, N.Y., May 19, 2020 (GLOBE NEWSWIRE) — Veeco Instruments Inc. (NASDAQ: VECO) today announced that management is scheduled to participate in the following virtual events:Cowen and Company Technology, Media & Telecom Virtual Conference on Thursday, May 28, 2020.  Veeco management will be available to meet one-on-one with investors during the conference.  Interested investors should contact their Cowen representative to secure a meeting time.Stifel 2020 Virtual Cross Sector Insight Conference on Tuesday, June 9, 2020. Veeco management is scheduled to present at 8:40 AM ET.  This presentation will be broadcast live and can be accessed via the investor relations section of Veeco’s website at ir.veeco.com. A webcast replay will be made available on the website for a minimum of two weeks following the original date. ...

VANCOUVER, British Columbia, May 19, 2020 (GLOBE NEWSWIRE) — Allied Hotel Properties Inc. (“Allied” or the “Company”) (TSX-V: AHP) is providing an update on the status of the filing of its annual financial statements and accompanying management’s discussion and analysis for the financial year ended December 31, 2019 (collectively, the “Annual Filings”) and its interim financial report and accompanying management’s discussion and analysis for the three-month period ended March 31, 2020 (collectively, the “Interim Filings”) which were required to be filed by April 29, 2020 and May 30, 2020, respectively, under National Instrument 51-102 Continuous Disclosure Obligations.As previously announced on April 9, 2020, the Company is relying on the 45-day filing extensions being offered by various securities regulators in Canada, in response...

Not for distribution to U.S. news wire services or dissemination in the United States.VANCOUVER, British Columbia , May 19, 2020 (GLOBE NEWSWIRE) — New Pacific Metals Corp. (TSX-V: NUAG) (“New Pacific” or the “Company”) and Pan American Silver Corp. (NASDAQ: PAAS) (TSX: PAAS) (“Pan American”) have announced concurrent offerings. New Pacific has announced today that it has entered into an agreement with BMO Capital Markets (“BMO”) as sole underwriter, under which BMO has agreed to buy on bought deal basis 4,238,000 common shares (the “Common Shares”), at a price of C$5.90 per Common Share for gross proceeds of approximately C$25 million (the “Offering”). The Company has granted BMO an option, exercisable at the offering price for a period of 30 days following the closing of the Offering, to purchase up to an additional 15% of the...

HOUSTON, May 19, 2020 (GLOBE NEWSWIRE) — Epsilon Energy Ltd., a company organized under the laws of Alberta, Canada (NASDAQ:EPSN) (“Epsilon” or the “Company”), announced today that it has commenced an Issuer Tender Offer or Substantial Issuer Bid (the “Offer”) to purchase from the holders (the “Shareholders”) of the common shares of the Company, no par value (the “Common Shares”), up to 2,000,000 Common Shares at a price of US$3.06 per share less any applicable withholding taxes and without interest. The Common Shares proposed to be purchased in the Offer represent approximately 7.7% of the Company’s currently issued and outstanding Common Shares.Background and Rationale for the OfferSince May 20, 2019, the Company has utilized a normal course issuer bid (“NCIB”) to repurchase its Common Shares, when doing so has been accretive...

The 2020 Combined General Meeting of Worldlinewill be exceptionally held behind closed doors,without the shareholders being physically present.The shareholders are invited to vote or give proxybefore the meeting.The preliminary documents for the General Meetingare made available to the shareholders.Bezons, May 19, 2020In the evolving and exceptional context of the coronavirus pandemic (Covid-19) and taking into account the maintenance of the state of health emergency, Mr. Gilles Grapinet (Chief Executive Officer and Chairman of the Board of Directors of Worldline) to whom power has been delegated by the Board of Directors, after consultation with the Lead independent Director and in agreement with the Board of Directors, decided to exceptionally hold the Combined General Meeting of June 9, 2020 behind closed doors (à huis clos), without...

                    L’Assemblée Générale Mixte 2020 de Worldlinese tiendra exceptionnellement à huis clos,hors la présence physique de ses actionnaires.Les actionnaires sont invités à voter à distanceavant l’Assemblée Générale.La documentation préparatoire à l’Assemblée Généraleest accessible aux actionnaires.Bezons, le 19 mai 2020Dans le contexte évolutif et exceptionnel de l’épidémie de Coronavirus (Covid-19) et compte tenu du maintien de l’état d’urgence sanitaire, Mr. Gilles Grapinet (Directeur Général et Président du Conseil d’administration de Worldline) agissant sur délégation du Conseil d’administration, après concertation avec l’Administrateur indépendant Référent et en accord avec le Conseil d’administration, a décidé de tenir exceptionnellement l’Assemblée Générale Mixte du 9 juin 2020 à huis clos, hors la présence physique...

OTTAWA, May 19, 2020 (GLOBE NEWSWIRE) — Leonovus Inc., (“Leonovus”) (TSXV: LTV) today announced its operating and financial results for the quarter ended March 31, 2020. Amounts are in U.S. dollars unless otherwise stated.The Company recorded revenues of $48,000 during Q1 2020 compared to revenues of $Nil in Q1 2019. The Company was awarded a contract in the amount of $436,700CND with the Government of Canada Business in Canada Innovation Program. Revenues from this contract started in Q1 2020 and run through to Q1 2021.The Company incurred a net loss of $480,000 in the quarter ended March 31, 2020, compared to a net loss of $2,177,000 in Q1 2019. Total operating expenses decreased to $503,000 for the first quarter of 2020 compared to $1,557,000 in the same period in 2019. The Company had cash and short-term investments of $350,000...