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Month: May 2020

INV Metals Reports Q1 2020 Results and Update on COVID-19 Response

TORONTO, May 13, 2020 (GLOBE NEWSWIRE) — INV Metals (“INV Metals” or “Company”) (TSX: INV) reports its financial results for the three-month period ended March 31, 2020. The Company recorded a total loss of $3,339,751 or $0.02 per share for the three-month period ended March 31, 2020, compared to $650,591 or $0.01 per share for the corresponding period in 2019. The Company’s unaudited cash balance as at May 13, 2020 was approximately $9.6 million.The Company is maintaining its efforts to ensure the safety of our employees, contractors and communities during the COVID-19 pandemic and continues to follow guidelines imposed by the relevant authorities in Toronto and Ecuador. Our employees continue to work remotely, together with local consultants, to advance the permitting efforts on the Loma Larga gold-copper-silver...

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IDEX Biometrics ASA: Nomination committee’s propsal to annual general meeting – Valgkomiteens innstilling til ordinær generalforsamling

Please refer to enclosed file:AGM 20200515 Nomination Committe ENG ES Vennligst se vedlagte fil:AGM 20200515 Nomination Committee NOR For further information, contact: – For ytterligere informasjon, kontakt:Marianne Bøe, Investor RelationsE-mail: marianne.boe@idexbiometrics.com Tel: + 47 918 00186Derek D’Antilio, Chief financial OfficerE-mail: derek.dantilio@idexbiometrics.com Tel: +1 197 827 31344About IDEX BiometricsIDEX Biometrics ASA (OSE: IDEX and OTCQB: IDXAF) is a leading provider of fingerprint identification technologies offering simple, secure and personal authentication for all.  We help people make payments, prove their identity, gain access to information, unlock devices or gain admittance to buildings with the touch of a finger.  We invent, engineer, and commercialize these secure, yet incredibly user-friendly solutions. ...

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Tilleggsforslag til IDEX Biometrics’ generalforsamling 2020

Styret i IDEX Biometrics ASA foreslår følgende tillegg til sakslisten punkt 5 – Tegningsrettsbasert incentivplan 2020 på ordinær generalforsamling fredag 15. mai 2020.Bakgrunn:Selskapet hadde per 31. mars 2020 utestående 57 095 893 tegningsretter under tegningsretts-baserte insentivprogrammer fra 2016 til 2018 med vektet utøvelsespris på 5,40 NOK per aksje («Eksisterende Tegningsretter»). Ettersom kursen på selskapets aksjer lenge har vært vesentlig lavere, er disse tegningsretter uten reell verdi. Styret ønsker at tegningsrettene skal ha en reell potensiell verdi og dermed representere et faktisk insentiv for de ansatte. Styret foreslår derfor at Selskapet kan tilby ansatte og individuelle innleide personer som innehar Eksisterende Tegningsretter («Eksisterende Tegningsrettsinnehavere») å motta nye tegningsretter under Tegningsrettsbasert...

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Supplemental proposal to IDEX Biometrics’s 2020 annual general meeting

The board of directors of IDEX Biometrics ASA proposes the following supplement to agenda item 5 – 2020 Subscription Rights Incentive Plan at the 2020 annual general meeting on Friday 15 May 2020.Background:As of 31 March 2020 the Company had 57,095,893 subscription rights outstanding under Subscription Rights-based incentive programmes 2016 to 2018, at weighted averege exercise price of NOK 5.40 per share (“Existing Subscription Rights”). As the share price for a long time has been significantly lower, these subscription rights have no intrinsic value. The Board wishes subscription rights to have a real potential value and thus represent an actual incentive for the employees. The Board therefore proposes that the Company may offer employees and individual contractors who hold Existing Subscription Rights (“Existing Subscription Rights...

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Marathon Gold Announces 2020 First Quarter Results

TORONTO, May 13, 2020 (GLOBE NEWSWIRE) —  Marathon Gold Corporation (“Marathon” or the “Company”; TSX: MOZ) today announces its financial results for the first quarter ending March 31, 2020 and provides an update on the Company’s activities at the Valentine Gold Project (the “Project”) in central Newfoundland. Highlights of the quarter are as follows:Completion of an updated Mineral Resource Estimate for the Project utilizing refined geological models, tighter restrictions on high grade assays, and increased drill density for each of the Leprechaun and Marathon Deposits. Measured and Indicated Mineral Resources now comprise 3.09 Moz (54.9 Mt at 1.75 g/t Au) with additional Inferred Mineral Resources of 0.96 Moz (16.77 Mt at 1.78 g/t Au);Completion, subsequent to quarter-end, of a Pre-Feasibility Study (“PFS”) for the Project supporting...

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Pulse Seismic Inc. Announces Delay in Filing Its Q1 2020 Financial Statements and MD&A and Provides Corporate Update

CALGARY, Alberta, May 13, 2020 (GLOBE NEWSWIRE) — Pulse Seismic Inc. (TSX:PSD) (OTCQX:PLSDF) (“Pulse” or the “Company”) announces today that filing of its unaudited interim quarterly financial statements and accompanying management’s discussion and analysis for the quarter ended March 31, 2020 (collectively the “Q1 Filings”) will be postponed due to delays caused by the COVID-19 pandemic.The Q1 Filings would ordinarily have been filed on or before May 15, 2020, the required deadline set by National Instrument 51-102 – Continuous Disclosure Obligations (“NI-51-102”). Pulse is issuing this news release pursuant to Alberta Securities Commission Blanket Order 51-517 – Temporary Exemption from Certain Corporate Finance Requirements (the “Blanket Order”), which provides the Company with an additional 45 days to complete its Q1 Filings,...

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Essential Energy Services Announces First Quarter Financial Results

CALGARY, Alberta, May 13, 2020 (GLOBE NEWSWIRE) — Essential Energy Services Ltd. (TSX: ESN) (“Essential” or the “Company”) announces first quarter results.INDUSTRY OVERVIEWFirst quarter 2020 industry drilling and well completion activity remained below 2019 levels in Western Canada. Well completions, a key indicator of industry activity in the Western Canadian Sedimentary Basin (“WCSB”) declined 9% compared to the first three months of 2019.Near-term economic, political and social consequences of the COVID-19 pandemic and the extraordinary measures to contain its spread, started to evolve rapidly in March 2020. Demand destruction for oil intensified as the quarter progressed, as a result of the disruptive impact of the COVID-19 pandemic, concurrent with the effects of the price war between Russia and Saudi Arabia. West Texas Intermediate...

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Usio Announces Leadership Changes within its PayFac Division

SAN ANTONIO, May 13, 2020 (GLOBE NEWSWIRE) — Usio, Inc. (NASDAQ: USIO), an integrated electronic payment solutions provider, today announced leadership changes within its innovative payment facilitation division.Louis Hoch, Usio’s President and Chief Executive Officer, stated, “I am very pleased to announce, Mr. Greg Carter has joined our company and will lead our Payment Facilitation business line. He will serve as the company’s Senior Vice President of Payment Facilitation. PayFac is an innovative, high tech, fast growing business line for our company and we believe Greg will help take that division to a new level of success by leveraging his many years of senior executive experience in a high volume transaction environments.”Mr. Hoch continued, “We are very grateful to Mr. Vaden Landers for his service to the company and wish...

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