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Month: May 2020

WABCO and ZF Receive Regulatory Clearance in the People’s Republic of China for their Proposed Merger; Announce Expected Closing Date

BERN, Switzerland and FRIEDRICHSHAFEN, Germany, May 15, 2020 (GLOBE NEWSWIRE) — WABCO Holdings Inc. (“WABCO”) (NYSE: WBC) (www.wabco-auto.com) and ZF Friedrichshafen AG (“ZF”) today announced that the Chinese State Administration for Market Regulation provided regulatory clearance for their previously announced merger.All required regulatory approvals have now been received and WABCO and ZF expect to close the merger on May 29, 2020, subject to the satisfaction of all other closing conditions.About WABCOWABCO (NYSE: WBC) is the leading global supplier of braking control systems and other advanced technologies that improve the safety, efficiency and connectivity of commercial vehicles. Originating from the Westinghouse Air Brake Company founded nearly 150 years ago, WABCO is powerfully “Mobilizing Vehicle Intelligence” to support...

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H/Cell Energy Reports FY2020 First Quarter Financial Results

DALLAS, May 15, 2020 (GLOBE NEWSWIRE) — H/Cell Energy Corporation (OTCQB-HCCC) (“HCCC”), a company that designs and implements clean energy solutions featuring hydrogen and fuel cell technology, has announced financial results for its first quarter ended March 31, 2020.For the three months ended March 31, 2020, HCCC generated revenue of $1,667,947 and a net loss of $261,761 which includes $68,701 of non-cash charges that do not affect the cash flow performance or working capital of HCCC. This amounts to a $(0.04) per share loss. Comparatively, for the first quarter ended March 31, 2019, HCCC generated revenue of $1,704,273 and a net loss of $143,638 which included $111,153 of non-cash charges. This amounted to a $(0.02) per share loss.Andrew Hidalgo, CEO of HCCC, commented, “As with almost all businesses, the first quarter...

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Martin Marietta Elects New Director

RALEIGH, N.C., May 15, 2020 (GLOBE NEWSWIRE) — Martin Marietta Materials, Inc. (NYSE: MLM) today announced that a new independent director was elected to its Board of Directors at its Annual Meeting of Shareholders. David C. Wajsgras served as president of the Intelligence, Information and Services business of the former Raytheon Company, now part of Raytheon Technologies Corporation (NYSE: RTX). Previously, he served as Raytheon’s senior vice president and chief financial officer. Mr. Wajsgras fills the seat previously held by Stephen P. Zelnak, Jr., who reached the mandatory retirement age provided in Martin Marietta’s Bylaws. Mr. Zelnak was ineligible for election at the 2020 Annual Meeting of Shareholders and retired after 27 years of Board service.C. Howard Nye, Chairman, President and Chief Executive Officer of Martin...

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Lamar Advertising Announces Change of Location of Annual Meeting of Stockholders

BATON ROUGE, La., May 15, 2020 (GLOBE NEWSWIRE) — Lamar Advertising Company (Nasdaq: LAMR) (the “Company”) announced today  that due to the public health concerns associated with the ongoing coronavirus (COVID-19) pandemic and to support the health and well-being of our stockholders and employees, the location of the 2020 Annual Meeting of Stockholders (the “Annual Meeting”) of the Company has been changed. The previously announced date and time of the Annual Meeting (May 28, 2020 at 9:00 a.m., Central Time) will not change. The Annual Meeting will be held solely by remote communication, in a virtual-only format. You will not be able to attend the Annual Meeting in person.Registration and AttendanceAs described in the proxy materials previously distributed in connection with the Annual Meeting, stockholders of record at the close...

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CWTI Closes Third and Final Tranche of Private Placement

GUELPH, Ontario, May 15, 2020 (GLOBE NEWSWIRE) — Current Water Technologies Inc. (TSX-V: WATR) (“CWTI” or “the Company”) is pleased to announce that it has closed the third and final tranche of $90,000 of the Private Placement announced March 06, 2020 and updated March 11, 2020 and April 27, 2020.In connection with this tranche of the Private Placement, the Company has paid $5,400 in finder’s fees and granted 270,000 Share Purchase Warrants.The Company has raised a total of $500,000 and issued 25,000,000 common shares with a total of $10,800 and 540,000 Share Purchase Warrants granted in finders fees. The Company raised the capital at a price of $0.02 per unit. Each Unit is comprised of one Common Share in the capital stock of the Company and a full share purchase warrant (“Warrant”), which is exercisable for a period of five...

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CanWel Announces Meeting Results for Election of Directors

NOT FOR RELEASE OR DISSEMINATION INTO THE UNITED STATESVANCOUVER, British Columbia, May 15, 2020 (GLOBE NEWSWIRE) — CanWel Building Materials Group Ltd. (“CanWel” or the “Company”) (TSX:CWX, CWX.NT.A) announced its director election results following its annual general meeting of shareholders, held May 14, 2020.All of the nominees proposed as directors in the Company’s Management Information Circular, dated March 31, 2020, were elected on a vote by show of hands. In total 23,431,499 shares were represented in person or by proxy at the meeting, representing approximately 30.10% of the outstanding shares as of the record date of March 24, 2020.The proxies received by management for the election of directors were as follows: 20,404,895 proxy votes were cast for the election of Amar S. Doman, representing 87.08% of the proxy votes...

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Enservco Reports 2020 First Quarter Financial Results

Total revenue declined to $9.4 million from $24.8 millionProduction services revenue of $3.2 million vs. $4.1 millionCompletion services revenue of $6.2 million vs. $20.7 millionNet loss of $2.8 million vs. net income of $4.3 millionAdjusted EBITDA loss of $0.5 million vs. positive $7.9 millionDENVER, May 15, 2020 (GLOBE NEWSWIRE) — Enservco Corporation (NYSE American: ENSV), a diversified national provider of specialized well-site services to the domestic onshore conventional and unconventional oil and gas industries, today reported financial results for its first quarter ended March 31, 2020.“The sharp reduction in customer drilling and completion and activity in the fourth quarter carried into the first quarter and was exacerbated by the Saudi-Russia price war and the worldwide economic slowdown due to the Covid-19 pandemic,”...

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SAKER AVIATION SERVICES, INC. ANNOUNCES FINANCIAL RESULTS FOR THE THREE MONTHS ENDED MARCH 31, 2020

Revenue of $1.7 Million in 2020 Down 19.3% Versus $2.1 Million in 2019Net Loss of $96,000 in 2020 Versus Net Income of $52,000 in 2019NEW YORK, May 15, 2020 (GLOBE NEWSWIRE) — Saker Aviation Services, Inc. (OTCQB:SKAS), an aviation services company specializing in ground-based services to the general aviation marketplace, today announced its financial results for the three months ended March 31, 2020.Revenue in the three months ended March 31, 2020 of $1,673,755, was down 19.3 percent from $2,072,772 in the three months ended March 31, 2019.  Net loss in the three months ended March 31, 2020 of $96,140, was down $148,476 as compared to net income of $52,336 in the same period in 2019. “Non-recurring revenue in Q1 2019 caused some of the adverse year-over-year comparison, but the real story for this and upcoming quarters was the impact...

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Mercer International Inc. Announces That 2020 Annual Meeting of Shareholders Is Changed to a Virtual Only Format

NEW YORK, May 15, 2020 (GLOBE NEWSWIRE) — Mercer International Inc. (Nasdaq: MERC) announced that our 2020 Annual Meeting of Shareholders (the “Meeting”) will be held in virtual format only due to the ongoing public health concerns related to the coronavirus (COVID-19) pandemic and to support the health and well-being of our shareholders, the community and other stakeholders. There will no longer be an in-person event location for the Meeting.The Meeting will be hosted through the Internet at www.meetingcenter.io/246849420. The password for the meeting is:  MERC2020. As set forth in our proxy materials, the meeting will be held on May 29, 2020 at 10:00 a.m. (Vancouver time)  and shareholders of record at the close of business on March 25, 2020 will be entitled to participate, vote and submit questions prior to and during...

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Euro Manganese verse le dernier paiement finalisant l’acquisition du Projet Chvaletice Manganese

EMN paie le dernier versement dans le cadre de l’achat du Projet Chvaletice ManganeseEMN fera une présentation en ligne lors du Benchmark Mineral Intelligence World TourVANCOUVER, Colombie-Britannique, 15 mai 2020 (GLOBE NEWSWIRE) — Euro Manganese Inc. (TSX-V / ASX : EMN) (la « Société » ou « EMN ») a le plaisir d’annoncer qu’elle a émis la dernière tranche des actions ordinaires (les « Actions ») dans le cadre de l’acquisition de sa filiale en propriété exclusive, qui détient 100 % des droits sur le Projet Chvaletice Manganese, et que son président-directeur général fera une présentation en ligne lors de la conférence Benchmark Mineral Intelligence World Tour.Tranche finale des actions émises pour acquérir Mangan Chvaletice s.r.o.Le 13 mai 2020, la Société a émis 3 333 333 Actions aux actionnaires fondateurs...

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