Day: June 1, 2020
VANCOUVER, British Columbia, June 01, 2020 (GLOBE NEWSWIRE) — VR Resources Ltd. (TSX.V: VRR; FSE: 5VR; OTCBB: VRRCF), the (Company), or (VR), announces that it has increased its previously announced (see NR20-04 dated May 25, 2020) non-brokered private placement offering (the “Offering”) to up to $2.2 million. The Offering will now consist of up to 8,725,486 units (the “Units”) at a price of $0.22 per Unit. Each Unit will consist of one common share (“Common Share”) of the Company and one-half of a common share purchase warrant (“Warrant”), with each whole Warrant entitling the holder to acquire one additional Common Share at an exercise price of $0.35 per Common Share for a period of 18 months from the closing date (“Closing Date”) of the Financing, and up to 1,291,667 flow-through common shares (“FT Shares”) at a price of $0.24...
FormFactor Announces Participation at Upcoming Conference
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LIVERMORE, Calif., June 01, 2020 (GLOBE NEWSWIRE) — FormFactor, Inc. (Nasdaq:FORM) is pleased to announce its participation in the following investor conference:Stifel 2020 Cross Sector Insight ConferenceLocation: VirtualDate: June 10, 2020Presentation Time: 4:40 pm ETThe public is invited to listen to a live webcast of FormFactor’s presentation, which can be accessed from the investors’ section of the company’s website at www.formfactor.com. Replays of the webcast will also be available at www.formfactor.com.About FormFactor:FormFactor, Inc. (NASDAQ:FORM), is a leading provider of essential test and measurement technologies along the full IC life cycle – from characterization, modeling, reliability, and design de-bug, to qualification and production test. Semiconductor companies rely upon FormFactor’s products...
Euro Sun Mining Announces the Filing of a Business Acquisition Report in Connection with its Acquisition of Vilhelmina Minerals Inc.
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Not for distribution to United States newswire services or dissemination in the United States.TORONTO, June 01, 2020 (GLOBE NEWSWIRE) —Euro Sun Mining Inc. (TSX: ESM) (“Euro Sun” or the “Company”) announces that it has filed, a business acquisition report today in connection with its previously announced acquisition of all of the issued and outstanding shares of Vilhelmina Minerals Inc. (“Vilhelmina”) that it did not own (the “Vilhelmina Acquisition”). Pursuant to the Vilhelmina Acquisition, on October 10, 2019 the Company acquired a total of 2,457,230 common shares of Vilhelmina from other existing shareholders of Vilhelmina (the “Vilhelmina Shareholders”) for a total purchase price of 9,088,235 common shares of the Company (the “Common Shares”) issued from treasury.This filing is being made at the request of the Ontario Securities...
Aura provides update on Plans for Initial Public Offering and Listing in Brazil
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ROAD TOWN, British Virgin Islands, June 01, 2020 (GLOBE NEWSWIRE) — Aura Minerals Inc. (TSX: ORA) (the “Company” or “Aura”) today announced that the Company is resuming the process commenced in the first quarter of 2020 to explore a possible initial public offering (the “Offering”) in Brazil and concurrent listing of Brazilian depositary receipts (“BDRs“), sponsored level III, to be issued by a depositary institution, each BDR representing one share of the Company (“Shares”), pursuant to Brazilian Securities Commission (Comissão de Valores Mobiliários, or the “CVM”) Instruction No. 332, dated April 4, 2000, as amended. As announced by the Company on March 3, 2020, the Company was previously working towards completing an initial public offering of BDRs in Brazil, which plans the Company subsequently suspended...
Jade Power Reports First Quarter 2020 Results
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TORONTO, June 01, 2020 (GLOBE NEWSWIRE) — Jade Power Trust (“Jade Power” or the “Trust”) (TSXV:JPWR.UN) is pleased to report its first quarter 2020 financial results. All amounts are expressed in Canadian Dollars unless otherwise noted. Highlights1Energy generation of 50,209 MW hours (“MWh”) for the first quarter of 2020; an energy production increase of 7% from the first quarter of 2019.Revenue of $5.6 million for the first quarter of 2020, compared with $4.9 million for the first quarter of 2019 from continuing operations, an increase of 14%.Adjusted EBITDA2 of $3.2 million or $0.01 per Unit for the first quarter compared to $1.4 million or $0.01 per Unit for the first quarter of 2019, an increase of 129%.Net income from continuing operations of $1.5 million for the first quarter of 2020 compared to a net loss of $1.2 million...
TRI Pointe Group, Inc. Announces Recent Sales Activity
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-Net New Home Orders in May More Than Double Orders in April--Net New Home Orders in California up 7% in May Year-Over-Year-IRVINE, Calif., June 01, 2020 (GLOBE NEWSWIRE) — TRI Pointe Group, Inc. (NYSE: TPH) (the “Company”) today announced net new home orders for the months of April and May 2020 in anticipation of upcoming meetings with investors.Net new home orders for April 2020 were 235 (1.6 orders per community per month) compared to 507 (3.5 orders per community per month) for the prior-year period, a decrease of 54%. Net new home orders for May 2020 were 472 (3.3 orders per community per month) compared to 498 (3.4 orders per community per month) for the prior-year period, a decrease of 5%. The rate of cancellations as a percentage of gross orders was 36% and 23% for the months of April and May 2020, respectively.“As we discussed...
Managing Third-Party Risk the Focus of ISG Smartalks™ Webinar
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SYDNEY, Australia, June 02, 2020 (GLOBE NEWSWIRE) — Successful strategies for managing third-party risk and meeting compliance obligations will be the focus of the next ISG Smartalks™ webinar hosted by Information Services Group (ISG) (Nasdaq: III), a leading global technology research and advisory firm.Lois Coatney, partner and president, ISG GovernX®; Lisa Borden, partner and head of ISG ANZ, and Hanne McBlain, director, ISG GovernX – ANZ, will host the live, one-hour, ISG Smartalks™ webinar, “A Practical Approach to Managing Third-Party Risk,” on Wednesday, June 3, at 10 a.m., Australian Eastern Standard Time. The webinar will discuss strategies for managing risks introduced by third parties, especially in today’s increasingly large and complex provider ecosystems.“Many organizations are overwhelmed by regulatory compliance...
First License of More Sustainable Isononyl Alcohol Production Process to Be in China
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MIDLAND, Mich., LONDON, and ZIBO CITY, China, June 01, 2020 (GLOBE NEWSWIRE) — Dow (NYSE: DOW) and Johnson Matthey (LSE: JMAT) today announced China-based company, Zibo Qixiang Tengda Chemical Company, Ltd. (SZSE: 002408, QXTD) has selected LP OxoSM Technology to produce isononyl alcohol (INA) at its new manufacturing facility.“QXTD will be the first in the industry to take advantage of our process technology for more sustainable INA production,” said Donna Babcock, global business director for Industrial Solutions, a business segment of Dow. “This technology requires a smaller manufacturing footprint and less energy consumption compared to typical INA production processes, without a loss in efficiency and throughput.”INA is often used to make plasticizers of Diisononyl Phthalate (DINP), Diisononyl Adipate (DINA), and Triisononyl...
DIGITAL ALLY ANNOUNCES PROPOSED UNDERWRITTEN PUBLIC OFFERING OF COMMON STOCK
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Lenexa, KS, June 01, 2020 (GLOBE NEWSWIRE) — Digital Ally, Inc. (DGLY) (the “Company”), which develops, manufactures and markets advanced video recording products for law enforcement, emergency management, fleet safety and security, today announced that it intends to offer shares of its common stock for sale in an underwritten public offering. In addition, the Company expects to grant the underwriter a 45-day option to purchase up to an additional 15 percent of the shares of common stock offered in the public offering solely to cover over-allotments, if any. The Company intends to use the net proceeds from this offering for working capital, product development, order fulfillment and for general corporate purposes. The offering is subject to market conditions, and there can be no assurance as to whether or when the offering may be...
Gran Tierra Energy Inc. Announces Completion of Credit Facility Redetermination, Additional Oil Hedges and Operational Update
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CALGARY, Alberta, June 01, 2020 (GLOBE NEWSWIRE) — Gran Tierra Energy Inc. (“Gran Tierra” or the “Company”) (NYSE American:GTE)(TSX:GTE)(LSE:GTE) today is pleased to announce the completion of the semi-annual redetermination of the Company’s bank-syndicated credit facility. All dollar amounts are in United States (“U.S.”) dollars, unless otherwise indicated. The Company and the syndicate of lenders party to the credit facility have agreed to amend the credit facility (the “Amendment”) effective as of June 1, 2020, as follows:The credit facility matures in November 2022. The Amendment does not impact the Company’s current bonds outstanding.Additional Hedges Secured, Strong Hedge Position In-Place: The Company has entered into additional oil price hedges and now has 11,000 barrels (“bbl”) of oil per day (“bopd”) hedged for the second...