Day: June 9, 2020

TREVOSE, Pa., June 09, 2020 (GLOBE NEWSWIRE) — StoneMor Inc. (NYSE: STON) (“StoneMor”) today announced the commencement of an exchange offer for all of the outstanding 9.875%/11.500% Senior Secured PIK Toggle Notes due 2024 (the “Old Notes”) issued by StoneMor Partners L.P. and Cornerstone Family Services of West Virginia Subsidiary, Inc. (together the “Issuers”) for an equal principal amount of new 9.875%/11.500% Senior Secured PIK Toggle Notes due 2024 (the “New Notes”) issued by the Issuers that have been registered under the Securities Act of 1933, as amended (the “Securities Act”).  StoneMor is the sole general partner of StoneMor Partners L.P. and Cornerstone Family Services of West Virginia Subsidiary, Inc. is a wholly-owned subsidiary of StoneMor Partners L.P.  The exchange offer commenced on June 9, 2020, and will expire...

First Quarter Impacted by Temporary Store Closures Beginning March 20thApproximately 90% of Stores Reopened to DatePHILADELPHIA, PA, June 09, 2020 (GLOBE NEWSWIRE) — Five Below, Inc. (NASDAQ: FIVE) today announced financial results for the first quarter ended May 2, 2020.For the first quarter ended May 2, 2020:Due to the COVID-19 pandemic, the Company temporarily closed all of its stores as of March 20, 2020. These stores began to reopen in late April 2020 in compliance with federal, state and local requirements. As of June 9, 2020, the Company has reopened approximately 90% of its stores.The results in the first quarter reflect the impact of the closures and reopenings.Net sales decreased by 44.9% to $200.9 million from $364.8 million in the first quarter of fiscal 2019; comparable sales decreased by 51.8%.The Company opened 20...

Geneva, Switzerland and Boston, MA – June 9, 2020 – ObsEva SA (NASDAQ: OBSV / SIX: OBSN), a clinical-stage biopharmaceutical company focused on the development and commercialization of novel therapeutics for serious conditions that compromise a woman’s reproductive health and pregnancy, today announced that shareholders approved all Board proposals at its 2020 Annual General Meeting held on June 9, 2020. The approved items are as follows:Shareholders approved the Annual Report, the Statutory Financial Statements and the Consolidated Financial Statements for Fiscal Year 2019 Shareholders granted discharge to the Members of the Board of Directors and to the Executive Committee for year 2019 Shareholders approved the proposed appropriation of the Financial Results for year 2019 Shareholders approved the proposed re-elections to the...

MONTRÉAL, 09 juin 2020 (GLOBE NEWSWIRE) — DIOS EXPLORATION INC. (DIOS) a octroyé un contrat de  coupe d’un réseau de ligne de 3.2 km X 0.7-1.1 km (lignes aux 200 m) et de polarisation provoquée dipôle-dipôle en domaine du temps (n=1@6, séparation aux 25 m) pour mieux définir la cible Wi-Target sur son projet d’or K2 en Eeyou Istchee Baie James au Québec, au sud-ouest de la propriété d’or Elmer d’Exploration Azimut.  Ce programme permettra un ciblage plus fin de la cible Wi-Target pour une première campagne de forage prévue en fin d’été-automne.La cible Wi-Target est un grand conducteur électromagnétique aéroporté AIIP/Input-Em (2-3 canaux) n’affleurant pas de 3.6 km de long  X 150-300 m de large orienté O/OSO dans des volcanites felsiques bordant le pluton de Kali.  Les travaux de Dios ont mis  au jour des blocs erratiques de dacite...

CLINTON, N.J., June 09, 2020 (GLOBE NEWSWIRE) — Unity Bank is seeking sponsors and classic car owners for the 14th Annual Cruisin’ Bob’s Classic Car Show, which for the last 13 years has been held at the bank’s Clinton headquarters, but will be virtual this year due to the coronavirus pandemic. All proceeds from the car show will benefit Family Promise of Hunterdon County and Family Promise of Warren County.“For the last 13 years, the car show has been a fun way to support Family Promise’s valuable work in the community, and they need our support more than ever this year,” said Unity Bank President & CEO James A. Hughes. “Our employees and the community love the car show. We think a virtual car show will be a fun way to raise money for Family Promise while still engaging our loyal car owners who have consistently supported...

FirstFarms A/S has today signed conditional agreement (SPA). The agreement is entered in continuation of Head of Terms about sale of 1,675 hectares of land in West Romania (company announcement no. 9 of 30 April 2020).The expected sales price constitutes DKK 85 million. The trade is expected to be carried out in tranches over the coming 8-11 months.The profit of the sale is expected to affect EBIT with DKK 40 million over the coming 11 months.FirstFarms adjusts the announced expectations to 2020 upwards by DKK 20 million. There is now expected an EBITDA result in the level of DKK 95-120 million and an EBIT result of DKK 45-70 million. In 2019, an EBITDA of DKK 96 million and EBIT of DKK 48 million was realised.Anders H. Nørgaard says: “With this sale we are realising a significant and satisfactory profit from our development of the land...

FirstFarms A/S har i dag underskrevet betinget salgsaftale (SPA). Aftalen er indgået i forlængelse af Head of Terms om salg af 1.675 hektar jord i Vestrumænien (selskabsmeddelelse nr. 9 af 30. april 2020).Den forventede salgspris udgør 85 mio. kr. Handelen forventes gennemført i trancher over de kommende 8-11 måneder.Avancen ved salget forventes at påvirke EBIT med 40 mio. kr. over de kommende 11 måneder.FirstFarms opjusterer de udmeldte forventninger til 2020 med 20 mio. kr. Der forventes nu et EBITDA-resultat i intervallet 95-120 mio. kr. og et EBIT-resultat på 45-70 mio. kr. Der blev i 2019 realiseret et EBITDA på 96 mio. kr. og EBIT på 48 mio. kr.Anders H. Nørgaard udtaler: ”Med dette salg realiserer vi en væsentlig og tilfredsstillende avance fra vores udvikling af jorden i Vestrumænien”. Anders H. Nørgaard supplerer, ”FirstFarms’...

ROCKVILLE, Md., June 09, 2020 (GLOBE NEWSWIRE) — Supernus Pharmaceuticals, Inc. (Nasdaq: SUPN), a pharmaceutical company focused on developing and commercializing products for the treatment of central nervous system (CNS) diseases, today announced the closing of the acquisition of the CNS portfolio of US WorldMeds, a privately-held biopharmaceutical company. This transaction builds on Supernus’ experience in CNS diseases and expands its marketing and development efforts into Parkinson’s disease.“This acquisition significantly expands our business in CNS and increases and diversifies our revenue and earnings streams, while continuing to maintain a strong balance sheet,” said Jack Khattar, President and CEO of Supernus. “We welcome our US WorldMeds’ colleagues who are joining Supernus and look forward to working with them on building...

DENVER, June 09, 2020 (GLOBE NEWSWIRE) — Akerna Corp. (Nasdaq: KERN), a leading provider of enterprise software solutions for the cannabis industry, has closed a $17 million debt financing with  two institutional investors. Proceeds from the financing will be used to support Akerna’s ongoing growth initiatives, continued investment in technology infrastructure and general corporate purposes.“This financing further strengthens our balance sheet and gives us the ability to capitalize on the significant opportunities that are emerging for Akerna on the heels of the COVID-19 epidemic,” said Jessica Billingsley, chief executive officer, Akerna. “We are seeing more states pursue accelerated cannabis legalization as a means to close budget gaps, as the industry is proving to be recession resilient and, in many states, has been deemed...

AIKEN, S.C., June 09, 2020 (GLOBE NEWSWIRE) — Security Federal Corporation (“Company”) (OTCBB: SFDL), the holding company for Security Federal Bank (“Bank”), today announced, effective June 30, 2020, Jessica T. Cummins will be resigning as Chief Financial Officer of the Company and the Bank, positions she has held since June 2014.  Subsequent to her resignation, Ms. Cummins will continue to serve on the Company’s and Bank’s Boards of Directors.The Company also announced that Darrell Rains has been promoted to Chief Financial Officer of the Company and the Bank effective June 30, 2020.“I am pleased that Darrell has accepted the promotion to Chief Financial Officer. He has extensive banking background and experience and will make an important addition to our leadership team,” said J. Chris Verenes, Chief Executive Officer of the Company.Mr....