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Month: May 2020

UMH PROPERTIES, INC. TO PARTICIPATE IN NAREIT’S REITWEEK: 2020 VIRTUAL INVESTOR CONFERENCE

FREEHOLD, NJ, May 27, 2020 (GLOBE NEWSWIRE) — UMH Properties, Inc. (NYSE:UMH) today announced that Samuel A. Landy, President and Chief Executive Officer, Anna T. Chew, Vice President and Chief Financial Officer, and Eugene W. Landy, Chairman of the Board, are scheduled to participate in Nareit’s REITweek: 2020 Virtual Investor Conference.UMH’s senior management team is scheduled to present on Wednesday, June 3, 2020, at 10:45 a.m. Eastern Time.The presentation will be available live via webcast and accessible at the Company’s website, www.umh.reit, with a link on the homepage. Using this link, every individual will have to register for REITweek in order to access UMH’s live presentation at the designated time and for the remainder of the conference. Presentation materials will also be available at the Company’s website homepage.UMH...

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Nevada Exploration Presents Final RC Drilling Results from South Grass Valley Carlin-Type Gold Project

RENO, Nev., May 27, 2020 (GLOBE NEWSWIRE) — Nevada Exploration Inc. (“NGE” or the “Company”) (TSX-V: NGE; OTCQB: NVDEF) is pleased to report that the recently-completed reverse-circulation (“RC”) drilling program at its South Grass Valley Project has focused the Company’s search for new Carlin-type gold deposits (CTGDs) to a mineralized corridor, which the Company believes is the potential common fluid source for three of the four target areas that the program was designed to advance.  Having used RC drilling to cost-effectively increase its data coverage at the project, and thus its confidence in its geologic model, NGE is now preparing to return to core drilling to complete a carefully-targeted deeper drilling program to test this corridor, which NGE has named East Golden Gorge, for Carlin-type gold mineralization.Discussing how...

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Miami Maritime Passenger Boarding Bridge and Fix Tunnel up for Auction on GovDeals.com

MIAMI, May 27, 2020 (GLOBE NEWSWIRE) — Miami-Dade County, FL is selling a massive maritime passenger boarding bridge on GovDeals.com, an online government surplus auction site. Miami-Dade County, FL is a long-standing seller on GovDeals for a range of transportation, heavy equipment, and other surplus property items.Built in 2010, this passenger bridge is manufactured by Adelte Seaport, a leading international engineering company that provides equipment and services to cruise and ferry terminals. The Maritime Passenger Bridge is most often used to transport passengers to and from land, onto large cruise or ferry ships. Adelte manufactures bridges that are innovative, made to order, supreme-quality engineering solutions, that utilize all the latest technologies to ensure the highest quality. The passenger bridge is currently housed...

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Mercury Marine enters into supply agreement with BRP; will immediately become outboard engine of choice for Alumacraft, Manitou & Telwater brands

FOND DU LAC, Wisc., May 27, 2020 (GLOBE NEWSWIRE) — Mercury Marine, a division of Brunswick Corporation (NYSE:BC) and a world leader in marine propulsion systems, has entered into a strategic supply agreement with BRP to be the supplier of choice for BRP owned boat brands Alumacraft, Manitou, Quintrex & Stacer.  BRP has made the decision to discontinue the production of E-TEC and E-TEC G2 engines effective immediately.“This agreement brings us an incredible opportunity to further grow our brand in the marketplace and introduce our award-winning portfolio of outboard engines to new customers around the world,” said Chris Drees, Mercury Marine president.  “We have enjoyed long standing relationships with Alumacraft, Manitou and Telwater and we look forward to continuing to work with them while providing class-leading outboard...

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Mesoblast Reports Strong Financial Position and Substantial Operational Progress For the Period Ended March 31, 2020

NEW YORK, May 27, 2020 (GLOBE NEWSWIRE) — Mesoblast Limited (Nasdaq:MESO; ASX:MSB), global leader in allogeneic cellular medicines for inflammatory diseases, today reported financial, corporate and operational highlights for the nine months ended March 31, 2020. Cash on hand at March 31, 2020 was US$60.1 million (A$97.3 million) and in May 2020, pro forma cash on hand was approximately US$150 million (A$235 million) after adjusting for a US$90 million (A$138 million) capital raise.Mesoblast Chief Executive Dr Silviu Itescu stated: “This past quarter has underscored the value of our lead product candidate remestemcel-L and the experience we have gained in its use over recent years in patients with severe cytokine release syndromes. “Our Biologics License Application for marketing approval of RYONCILTM (remestemcel-L) in children...

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Par Pacific Holdings Announces Pricing of Private Offering of $105 Million of 12.875% Senior Secured Notes Due 2026

HOUSTON, May 27, 2020 (GLOBE NEWSWIRE) — Par Pacific Holdings, Inc. (NYSE: PARR) (“Par Pacific” or the “Company”) today announced that Par Petroleum, LLC (“Par Petroleum”) and Par Petroleum Finance Corp. (“Finance Corp.” and together with Par Petroleum, the “Issuers”), both wholly-owned subsidiaries of the Company, priced a private offering of $105 million aggregate principal amount of 12.875% senior secured notes due 2026 (the “Notes”). The Notes are being offered in a private offering only to qualified institutional buyers pursuant to Rule 144A and to certain persons outside of the United States pursuant to Regulation S, each under the Securities Act of 1933, as amended (the “Act”). The offering is expected to close on June 5, 2020, subject to customary closing conditions.The Notes will be secured, senior obligations of the Issuers,...

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Vislink Technologies Reports Q1 2020 Financial Results

HACKETTSTOWN, NJ, May 27, 2020 (GLOBE NEWSWIRE) — Vislink Technologies, Inc. (“Vislink” or the “Company”) (Nasdaq: VISL), whose brands are recognized as the global leaders in live video communications, announced its results for the first quarter ended March 31, 2020.First Quarter Highlights:Named Carleton Miller as chief executive officer and Michael Bond as chief financial officer.Completed a capital raise of $6 million.Fulfilled delivery of the remaining equipment on the $2.8 million U.S. Army contract the Company received in 2019.Received a $1.3 million contract from a European partner to supply equipment and services for border protection.Received orders valued at over $400,000 for satellite communications equipment from Airbus Defence and Space Limited (“Airbus”).Received a $400,000 contract to supply an airborne surveillance...

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Kratos Defense & Security Solutions, Inc. to Hold Virtual 2020 Annual Meeting of Stockholders

SAN DIEGO, May 27, 2020 (GLOBE NEWSWIRE) — Kratos Defense & Security Solutions, Inc. (Nasdaq: KTOS), a leading National Security Solutions provider, announced today that due to the continuing public health impact of the COVID-19 outbreak, the Company has changed the format of its 2020 Annual Meeting of Stockholders (the “Annual Meeting”) from a hybrid meeting format (consisting of a physical in-person meeting and a virtual meeting) to a virtual only format. No stockholders or guests will be able to attend the Annual Meeting in person.The Annual Meeting will still be held on June 4, 2020 at 11:00 a.m. Central Daylight Time, but will take place solely in a virtual meeting format via a live webcast. Stockholders of record on April 6, 2020 who plan to attend the Annual Meeting virtually must access the virtual meeting at www.virtualshareholdermeeting.com/KTOS2020...

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Clear Blue Technologies International Announces Q1 2020 Financial Results

TORONTO, May 27, 2020 (GLOBE NEWSWIRE) — Clear Blue Technologies International Inc. (Clear Blue or “the Company”) (TSXV: CBLU) (FRANKFURT: 0YA), the Smart Off-Grid™ company, today reported its financial results for the fiscal quarter ended March 31, 2020.Key Financial Results (all figures in Canadian dollars)Clear Blue’s offices were closed in March 2020 as a result of COVID-19, impacting our ability to ship and recognize revenue for Q1. As a result, trailing Four Quarterly (TFQ) Revenue of $3,869,206, a 2% increase over the previous period;Quarterly revenues of $238,171 in Q1, a 30% decrease over Q1 2019;TFQ Gross Margin percentage decreased from 25.1% to 22.3%, a reduction resulting from a new allocation, beginning in Q4 2019 as a result of our scale, to record direct service cost expenses to Gross Margin. Without this, TFQ Gross...

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Canadian Spirit Resources Inc. Announces First Quarter 2020 Financial Results and Issuance of Debenture

CALGARY, Alberta, May 27, 2020 (GLOBE NEWSWIRE) — Canadian Spirit Resources Inc. (“CSRI” or the “Corporation”) (TSXV:SPI) (OTCBB:CSPUF) announces the release of its interim financial results and Management Discussion and Analysis (“MD&A”), for the three month period ended March 31, 2020, and the issuance of a debenture to Elmag Investments Inc. (“Elmag”) in the principal amount of $600,000.First Quarter 2020This news release summarizes information contained in the unaudited interim condensed financial statements and MD&A for the three months ended March 31, 2020, and should not be considered a substitute for reading these full disclosure documents which are available on SEDAR at www.sedar.com or the Corporation’s website at www.csri.ca.The following summarizes certain selected financial data for the three months...

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