Month: May 2020

BROOKLYN, N.Y., May 28, 2020 (GLOBE NEWSWIRE) — Dime Community Bancshares, Inc. (NASDAQ: DCOM) (the “Company” or “Dime” or “its”), the parent company of Dime Community Bank (the “Bank”), today announced that its Board of Directors approved the promotion of Stuart “Stu” H. Lubow to President of the Company and the Bank.In his new role, Mr. Lubow, previously Chief Banking Officer with responsibility for the Business Banking division, will add reporting responsibilities for Retail Banking, Information Technology, Operations, and Marketing.Mr. Kenneth J. Mahon, CEO of the Company and Bank, stated, “Stu’s promotion to President recognizes his outstanding leadership, customer-centric focus, enterprise-wide vision, and our Business Banking division’s strong performance to-date. In a short span of time, under Stu’s leadership,...

ATLANTA, May 28, 2020 (GLOBE NEWSWIRE) — PRGX Global, Inc. (Nasdaq: PRGX), a global leader in Recovery Audit and Spend Analytics services, announced its recent webinar, “The Hidden Benefits of Profit Recovery: How to Yield Cash, Recover Profits and Boost Your Bottom Line,” is now available for viewing.Profit leakage can occur regardless of an organization’s size, complexity or internal processes. Therefore, a key goal for finance professionals is identifying the root cause of that leakage, bringing profit back to their organization’s bottom line and minimizing the future impact of that leakage. In addition to being a best practice, recovery audit helps finance professionals align their team and evaluate internal controls to stop profit leakage before it occurs.The webinar, hosted by PRGX’s Vice President of Business Development...

TORONTO, May 28, 2020 (GLOBE NEWSWIRE) — Element Fleet Management Corp. (TSX: EFN) (“Element” or the “Company”), a leading global provider of fleet management services, today announced that it has agreed to sell US$400 million aggregate principal amount of 3.85% Senior Notes due 2025 (the “Notes”) in a private offering that will not be registered under the Securities Act of 1933, as amended (the “Securities Act”). The Notes will mature on June 15, 2025.The net proceeds from the offering, together with borrowings under the Company’s senior credit facility and/or cash on hand, are expected to be used to repay Element’s 4.25% convertible debentures at maturity on June 30, 2020.  Pending such ultimate application, the net proceeds from the offering are expected to be applied to temporarily reduce borrowings under such senior credit...

TORONTO, May 28, 2020 (GLOBE NEWSWIRE) — Further to its Notice of Annual General and Special Meeting of Shareholders (the “Notice”) dated April 22, 2020, Gran Colombia Gold Corp. (TSX: GCM; OTCQX: TPRFF) (“Gran Colombia” or the “Company”) announced today that, following the issuance of Ministerial Order No. M116: Electronic Attendance at Corporate Meetings (COVID-19) Order issued by the Minister of Public Safety and Solicitor General on behalf of the Province of British Columbia, the location of the Company’s Annual General and Special Meeting of Shareholders  (the “Meeting”) has been changed to a virtual-only meeting format.The Meeting will be held at 10:00 a.m. (EST) on June 4, 2020. Shareholders will not be able to attend the Meeting in person but instead will be able to attend virtually as noted below.As described in the Notice...

JEFFERSONVILLE, Ind., May 28, 2020 (GLOBE NEWSWIRE) — First Savings Financial Group, Inc. (NASDAQ: FSFG) (the “Company”), the holding company for First Savings Bank (the “Bank”), today announced that its Board of Directors declared a quarterly cash dividend of $0.17 per common share.  The dividend will be paid on or about June 30, 2020 to stockholders of record as of the close of business on June 16, 2020. The Bank operates fifteen offices in the Indiana communities of Clarksville, Jeffersonville, Charlestown, Sellersburg, New Albany, Georgetown, Corydon, Lanesville, Elizabeth, English, Marengo, Salem, Odon and Montgomery. Access to First Savings Bank accounts, including online banking and electronic bill payments, is available anywhere with Internet access through the Bank’s website at www.fsbbank.net.Contact:Tony A. SchoenChief...

TORONTO, May 28, 2020 (GLOBE NEWSWIRE) — POET Technologies Inc. (“POET” or the “Company”) (TSX Venture: PTK; OTCQX: POETF), the designer and developer of the POET Optical Interposer and Photonic Integrated Circuits (PICs) for the data center and tele-communication markets, today reported its unaudited condensed consolidated financial results for the first quarter ended March 31, 2020. The Company’s financial results as well as the Management Discussion and Analysis have been filed on SEDAR. All financial figures are in United States dollars (“USD”) unless otherwise indicated.First Quarter Financial (non-IFRS) and Recent Business Highlights:Successfully completed proof of concept for the Optical Interposer platform;Received $13M of the $18M in remaining consideration due from the Buyer of DenseLight, with $5M currently scheduled...

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Not for distribution to U.S. news wire services or public dissemination in the United States.MONTRÉAL, May 28, 2020 (GLOBE NEWSWIRE) — Saputo Inc. (“Saputo” or the “Company”) (TSX: SAP) announced today that it has implemented a Dividend Reinvestment Plan (the “DRIP”), effective as of the date of this press release. Participation in the DRIP is optional and will not affect shareholders’ cash dividends, unless they elect to participate in the DRIP.The DRIP will provide Saputo’s eligible shareholders with the opportunity to have all or a portion of the cash dividends declared on their common shares automatically reinvested into additional common shares (the “Reinvestment Shares”) of the Company. The benefits of enrolling in the DRIP include the:convenience of automatic reinvestment of dividends in Reinvestment Shares;flexibility...

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TORONTO, May 28, 2020 (GLOBE NEWSWIRE) — Golden Tag Resources Ltd. (“Golden Tag” or the “Company” ) (TSX.V: GOG) is pleased to announce the restructuring of the Company, and a non-brokered private placement offering (the “Private Placement”, or “Financing”) for gross proceeds of up to $1,125,000. Subsequent to closing of the Financing, the Company will have cash balances of approximately $2.1 million, and no debt.Management ChangesThe Company announces the resignations of Bruce Robbins as a Director and interim CEO, and of Marc Carrier as Director, President and CFO of the Company who have been involved as directors for 20 and 30 years respectively.  The Company would like thank Mr. Robbins and Mr. Carrier for their many years of service including many during difficult market conditions.Concurrently, the Company announces...