Month: May 2020

DUNMORE, Pa., May 07, 2020 (GLOBE NEWSWIRE) — The Board of Directors of Fidelity D & D Bancorp, Inc. (NASDAQ: FDBC), parent company of The Fidelity Deposit and Discount Bank, announce their declaration of the Company’s second quarter dividend of $0.28 per share. The dividend is payable June 10, 2020 to shareholders of record at the close of business on May 20, 2020.Fidelity D & D Bancorp, Inc. serves Lackawanna, Luzerne and Northampton Counties through The Fidelity Deposit and Discount Bank’s 21 community banking offices.For more information visit our investor relations web site through www.bankatfidelity.com.

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATIONIN THE UNITED STATESTORONTO, May 07, 2020 (GLOBE NEWSWIRE) — AIM3 Ventures Inc. (TSXV: AIMC.P) (“AIM3” or the “Company”) and SilverStream SEZC (dba Vox Royalty) (“Vox”) are pleased to announce the closing of the previously announced brokered private placement of subscription receipts of Vox (“Subscription Receipts”) for aggregate gross proceeds of approximately C$13.75 million (the “Offering”). The Offering has been completed in connection with the proposed reverse take-over transaction between Vox and the Company, as described in the Company’s press releases dated March 2, 2020 and April 28, 2020 (the “Qualifying Transaction”).The Offering was led by a syndicate of agents including Paradigm Capital Inc. (the “Lead Agent”), as lead agent, and Canaccord Genuity Corp.,...

MISSISSAUGA, Ontario, May 07, 2020 (GLOBE NEWSWIRE) — (TSXV: MWI.H) Maplewood International Real Estate Investment Trust (the “REIT”), announced today that it has filed a management information circular (the “Circular”) in connection with a special meeting of unitholders of the REIT (the “Unitholders”) to be held on May 28, 2020 to approve the termination of the REIT pursuant to the terms of the REIT’s amended and restated declaration of trust dated September 9, 2013 (the “REIT Termination”), as more particularly described in the Circular. The REIT expects that the Circular will be mailed to Unitholders in due course. Unitholders are encouraged to read the Circular, which has been filed on SEDAR and can be viewed at www.sedar.com under the REIT’s profile.Forward-Looking InformationThis press release contains forward-looking information...

TORONTO, May 07, 2020 (GLOBE NEWSWIRE) — Firm Capital Mortgage Investment Corporation (the “Corporation”) (TSX FC, FC.DB.E, FC.DB.F, FC.DB.G, FC.DB,H, FC.DB.I and FC.DB.J) released its financial statements for the three months ended March 31, 2020.Q1/2020 HIGHLIGHTS

(all in US$ unless otherwise noted)VANCOUVER, British Columbia, May 07, 2020 (GLOBE NEWSWIRE) — Alio Gold Inc. (TSX, NYSE AMERICAN: ALO) (“Alio Gold” or the “Company”) today reported its first quarter 2020 results.Q1 2020 Highlights and Recent Key Developments Q1 2020 Consolidated Gold production 1 of 16,406 ounces at cash costs 1,2 of $1,276/oz produced.Announced a merger with Argonaut Gold (“Argonaut”) on March 30, 2020.Closing of the sale of the San Francisco Mine to Magna Gold Corp. (“Magna Gold”) on May 6, 2020.Florida Canyon Q1 2020 operational metrics continue to improve; 30% more gold deposited, and 21% more gold produced versus Q4 2019.Cash and cash equivalents of $10.4 million, and net working capital 3 of $41.5 million as of March 31, 2020.“Our focus, like everyone’s, recently has been on the health and safety of our...

GEORGE TOWN, Cayman Islands, May 07, 2020 (GLOBE NEWSWIRE) — Global Indemnity Limited (NASDAQ:GBLI) today reported that for the three months ended March 31, 2020, the Company’s Gross Written Premiums increased 9.5% to $155.7 million and Net Written Premiums increased 12.7% to $139.1 million. Adjusted Operating Income for the quarter declined by $1.6 million, or 13.2%, to $10.0 million as compared to the first quarter of 2019, which quarter included a $7.9 million release of excess reserves as compared to a $0.6 million release in the current quarter. The Company’s Combined Ratio for the period was 92.7%. The Company’s $1.6 billion Investment Portfolio declined $56.4 million, or 3.5%, over the quarter as a result of the steep (approx. 20%) decline in U.S. equity markets related to the Covid-19 pandemic. As a result, the Company incurred...

PHOENIX, May 07, 2020 (GLOBE NEWSWIRE) — Mesa Air Group, Inc. (NASDAQ: MESA) will release its second quarter earnings for fiscal year 2020 after the market closes on Monday, May 11. The company will also host a conference call to discuss the results on May 11 at 4:30 pm Eastern Time.Investor RelationsBrian Gillmaninvestor@mesa-air.com

HOUSTON, May 07, 2020 (GLOBE NEWSWIRE) — Houston Wire & Cable Company (NASDAQ: HWCC) (the “Company”) announced operating results for the first quarter ended March 31, 2020 and progress on its cost and debt reduction programs.Net income was $0.5 million, or $0.7 million after adjusting for a $0.2 million non-cash trade name impairment charge, which compares to net income of $2.3 million in the first quarter of 2019 Fully diluted earnings per share of $0.03, or $0.04 as adjustedExecuting cost and debt reduction programsTargeting expense savings of up to $14 million annualizedReduced net debt by $11.7 million from $82.4 million at quarter end to $70.7 million at May 5 and by over $20 million from its first quarter peakJames Pokluda, President and Chief Executive Officer commented, “Throughout these challenging times, Houston Wire...

CALGARY, Alberta, May 07, 2020 (GLOBE NEWSWIRE) — Peyto Exploration & Development Corp. (TSX – PEY) (“Peyto”) is pleased to announce that the nominees listed in the information circular – proxy statement dated March 25, 2020 were elected as directors of Peyto at Peyto’s annual and special meeting of shareholders (the “Meeting“) held today, May 7, 2020.  The detailed results of the vote for the election of directors held at the Meeting are set out below.Election of DirectorsOn a vote by ballot, each of the following seven nominees proposed by management was elected as a director of Peyto:For further information please contact: 

REHOVOT, Israel and WILMINGTON, Del., May 07, 2020 (GLOBE NEWSWIRE) — Ayala Pharmaceuticals, Inc. (NASDAQ: AYLA), a clinical-stage oncology company focused on developing and commercializing small molecule therapeutics for patients suffering from rare and aggressive cancers, primarily in genetically defined patient populations, today announced the pricing of its initial public offering of 3,666,667 shares of common stock at a public offering price of $15.00 per share, before underwriting discounts and commissions. All of the common stock is being offered by Ayala. The offering is expected to close on May 12, 2020, subject to customary closing conditions. In addition, Ayala has granted the underwriters a 30-day option to purchase up to an additional 550,000 shares of its common stock at the public offering price, less underwriting discounts...