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Month: May 2020

MVC Capital and Wynnefield Capital Reach Agreement on Board Nominations for July 15th Annual Meeting

PURCHASE, N.Y., May 27, 2020 (GLOBE NEWSWIRE) — MVC Capital, Inc. (NYSE: MVC) (the “Company” or “MVC”) and Wynnefield Capital (“Wynnefield”) today announced an agreement (the “Agreement”) under which six of MVC’s current directors and three independent director candidates proposed by Wynnefield will be nominated by MVC’s Board for election at the Company’s 2020 Annual Meeting of Stockholders, currently scheduled for July 15, 2020 (“the “Annual Meeting”).The Board will remain at its current size of nine directors. The six current directors to be nominated for reelection include Philip Goldstein, Gerald Hellerman, Douglas Kass, Robert Knapp, Scott Krase and Chairman Michael Tokarz. Current directors Emilio Dominianni, Warren Holtsberg and William Taylor will not stand for reelection. The three new nominees standing for election are...

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NuVista Energy Ltd. Announces Credit Facility Redetermination Completed

CALGARY, Alberta, May 27, 2020 (GLOBE NEWSWIRE) — NuVista Energy Ltd. (“NuVista” or the “Company”) (TSX:NVA) is pleased to announce that our bank syndicated credit facility limit has been redetermined at $475 million.  This compares to the prior limit of $550 million.  NuVista expects to have more than adequate liquidity for the remainder of 2020, as the Company plans to spend less than anticipated adjusted funds flow for the remainder of the year. As noted previously, NuVista has the productive capacity to manage production approximately flat to first quarter levels, 50,000 to 52,000 Boe/d, for the remainder of 2020.  However, the uncertainty around oil prices and curtailment makes it difficult to predict our planned level of production through the second and perhaps third quarters.  As a result, we withdrew our production guidance...

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Tinley Grows Asset Base to over $7 Million at Its Long Beach Facility and Experiences Rapid Revenue and Margin Growth

LOS ANGELES and TORONTO, May 27, 2020 (GLOBE NEWSWIRE) — The Tinley Beverage Company Inc. (“Tinley” or the “Company”) is pleased to announce the release of its financial and operating results for the fourth quarter and fiscal year ended December 31, 2019, and provide revenue guidance on the 3-month period ended March 31, 2020 (“Q1/2020”).Highlights:Capital expenditures grew Tinley’s asset base to over $7 million, notably in Property and Equipment, by the completion of the Company’s Phase 3 bottling facility development in Long Beach, California Revenue guidance for Q1/2020 of over $170,000, more than double all of fiscal 2019, with gross margins turning positive and exceeding 40%, driven by growth across all product linesTinley’s flagship bottling facility in Long Beach, California represented the majority of the Company’s expenditures...

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AMG Mourns the Loss of Sean M. Healey, Founder, Executive Co-Chairman, and Former CEO

WEST PALM BEACH, Fla., May 27, 2020 (GLOBE NEWSWIRE) — Affiliated Managers Group, Inc. (NYSE: AMG), a global asset management company, today announced with sadness the passing of Sean M. Healey, Executive Chairman from 2018 through 2020, and Chief Executive Officer from 2005 to 2018. Mr. Healey joined the Company in 1995 as a founding principal, and passed away following a battle with amyotrophic lateral sclerosis (ALS).“For the past 27 years Sean was my friend, mentor, and an inimitable leader, always exhibiting an indefatigable entrepreneurial spirit and unwavering dedication to friends, colleagues, and Affiliate partners. His deep intellectual curiosity and creativity, delivered with a penetrating wit, were inspiring and created tremendous value for AMG stakeholders over the decades,” said Jay C. Horgen, President and Chief Executive...

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Northfield Bancorp, Inc. Hosts Annual Meeting of Stockholders

WOODBRIDGE, N.J., May 27, 2020 (GLOBE NEWSWIRE) — NORTHFIELD BANCORP, INC. (Nasdaq:NFBK), the holding company for Northfield Bank held its Annual Meeting of Stockholders exclusively online on May 27, 2020, at which stockholders re-elected John W. Alexander, Annette Catino, and John P. Connors, Jr. to three-year terms on the Company’s Board of Directors. Stockholders also approved a non-binding advisory resolution approving the executive compensation described in the Proxy Statement and ratified the appointment of KPMG LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2020.During the meeting, officers discussed the Company’s response to the COVID-19 pandemic, its 2019 and First Quarter 2020 financial results, and corporate strategic objectives.  Chairman of the Board John W....

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Relevium Announces Delayed Filing of Interim Disclosure Documents Pursuant to Temporary Relief Granted by Regulators due to COVID-19

MONTREAL, May 27, 2020 (GLOBE NEWSWIRE) — Relevium Technologies Inc. (TSX.V: “RLV”, OTC: “RLLVF” and Frankfurt: “6BX”) (the “Company” or “Relevium”), today announced that it will be delaying the filing and delivery of certain of its continuous disclosure documents, in accordance with Decision No 2020-PDG-0023 of the Autorité des marchés financiers (Québec) (the “Exemption”),which was adopted for the purpose of providing certain filing and other relief to issuers in light of the challenges posed by the COVID-19 pandemic.The Company is relying on the Exemption by delaying the filing of its quarterly financial statements and related management discussion and analysis for the period ended March 31, 2020 required pursuant to National Instrument 51-102 Continuous Disclosure Obligations and the filing of the related certifications(collectively,...

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Knight to Present at the Jefferies 2020 Virtual Global Healthcare Conference

MONTREAL, May 27, 2020 (GLOBE NEWSWIRE) — Knight Therapeutics Inc. (TSX:  GUD), a leading pan-American (ex- US)  specialty pharmaceutical company, announced today that Samira Sakhia, President, is scheduled to present at the Jefferies 2020 Virtual Global Healthcare Conference on Wednesday, June 3, 2020 at 9:00 AM ET. A copy of the presentation will be available at www.gud-knight.com.About Knight Therapeutics Inc.

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Knight présentera au congrès virtuel mondial sur les soins de santé 2020 de Jefferies

MONTRÉAL, 27 mai 2020 (GLOBE NEWSWIRE) — Thérapeutique Knight inc. (TSX : GUD) (« Knight »), société pharmaceutique spécialisée panaméricaine (ex. EU) et chef de file  a annoncé aujourd’hui que  Samira Sakhia, présidente, présentera lors du congrès virtuel mondial sur les soins de santé 2020 de Jefferies,  mercredi le 3 juin 2020 à 9 h 00 (HE). Une copie de la présentation sera affichée sur le site www.gud-knight.com.À propos de Thérapeutique Knight inc.Thérapeutique Knight inc., établie à Montréal, au Canada, est une société pharmaceutique spécialisée qui concentre ses efforts sur l’acquisition ou l’obtention sous licence de droits de distribution de produits pharmaceutiques novateurs destinés aux marchés du Canada et de l’Amérique latine. Knight détient une participation avec contrôle dans Grupo Biotoscana, une compagnie pharmaceutique...

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Technical Communications Corporation Reports Results for the Quarter and Six Months Ended March 28, 2020 and Announces Order Valued at $1.85 Million for Secure Military Communications

CONCORD, Mass., May 27, 2020 (GLOBE NEWSWIRE) — Technical Communications Corporation (NasdaqCM: TCCO) today announced its results for the quarter and six months ended March 28, 2020. For the quarter ended March 28, 2020, the Company reported a net loss of $(361,000), or $(0.20) per share, on revenue of $723,000, compared to net income of $173,000, or $0.09 per share, on revenue of $1,928,000 for the quarter ended March 30, 2019. For the six months ended March 28, 2020, the Company reported a net loss of $(842,000), or $(0.46) per share, on revenue of $1,389,000, compared to a net loss of $(75,000), or $(0.04) per share, on revenue of $3,041,000 for the quarter ended March 30, 2019. Carl H. Guild Jr., President and CEO of Technical Communications Corporation, commented, “During the Company’s first six months of 2020, revenue bookings...

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Stericycle to Present at Two Virtual Conferences in June

BANNOCKBURN, Ill., May 27, 2020 (GLOBE NEWSWIRE) — Stericycle, Inc. (Nasdaq: SRCL) today announced that Cindy Miller, Chief Executive Officer; Janet Zelenka, Chief Financial Officer; and Jennifer Koenig, Vice President of Investor Relations, will present at the two upcoming virtual conferences listed below and participate in investor calls.Stifel 2020 Virtual Cross Sector Insight ConferenceMonday, June 8, 2020William Blair 40ᵗʰ Annual Growth Stock ConferenceWednesday, June 10, 2020FOR FURTHER INFORMATION CONTACT:Stericycle Investor Relations 1-847-607-2012ABOUT STERICYCLEStericycle, Inc., (Nasdaq: SRCL) is a U.S. based business-to-business services company and leading provider of compliance-based solutions that protect people and brands, promote health and safeguard the environment. Stericycle serves customers in the U.S. and 18...

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