Day: June 10, 2020
FAIRFAX, Va., June 10, 2020 (GLOBE NEWSWIRE) — WidePoint Corporation (NYSE American: WYY), the leading provider of Trusted Mobility Management (TM2) specializing in Telecommunications Lifecycle Management, Identity Management and Digital Billing & Analytics solutions, is participating in the ATARC 2020 Virtual Technology Showcase on June 11, 2020. The theme of ATARC’s 2020 conference is “The Role of Emerging Technology in the Federal Emergency Response.”Leaders from the federal IT community will gather at the ATARC Virtual Summit to discuss the challenges their IT ecosystems have faced during the COVID-19 pandemic. Attendees will learn about technology breakthroughs in mobile/digital, security, artificial intelligence, cloud & infrastructure, and DevOps. The technology showcase will feature innovative products and solutions...
Sysco to Webcast From the Jefferies Virtual Consumer Conference
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HOUSTON, June 10, 2020 (GLOBE NEWSWIRE) — Sysco Corporation (NYSE:SYY) today announced that the Company will webcast from the Jefferies Virtual Consumer Conference on Wednesday, June 24, at 8:30 a.m. ET.The live webcast for the event can be accessed at investors.sysco.com. An archived replay of the webcast will be available shortly after the live event is completed.For purposes of public disclosure, including this and future similar events, Sysco uses the investor relations portion of its website as the primary channel for publishing key information to its investors, some of which may contain material and previously non-public information.About SyscoSysco is the global leader in selling, marketing and distributing food products to restaurants, healthcare and educational facilities, lodging establishments and other customers who...
VR Resources Closes Non-Brokered Private Placement for Gross Proceeds of $2.2 Million
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THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO THE UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF U.S. SECURITIES LAWS.VANCOUVER, British Columbia, June 10, 2020 (GLOBE NEWSWIRE) — VR Resources Ltd. (TSX.V: VRR; FSE: 5VR; OTCBB: VRRCF) (the “Company” or “VR”) is pleased to announce that it has closed its previously announced non-brokered private placement (“Financing”) consisting of 9,014,654 units (“Units”) at a price of $0.22 per Unit and 1,291,667 flow-through common shares at a price of $0.24 per common share for aggregate proceeds of $2,293,223.Each Unit consists of one common share of the Company and one-half of a common share purchase warrant. Each whole warrant will entitle the holder to acquire one additional common share...
Martinrea International Inc. Holds Annual General Meeting
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TORONTO, June 10, 2020 (GLOBE NEWSWIRE) — Martinrea International Inc. (TSX : MRE), a diversified and global automotive supplier engaged in the design, development and manufacturing of highly engineered, value-added Lightweight Structures and Propulsion Systems, today announced the results of the election of directors at its annual general meeting.Rob Wildeboer, the Company’s Executive Chairman stated: “We would like to thank our shareholders for their overwhelming show of support. The voting results were very positive. As a board, we will continue to do our best for the Company and our shareholders.”Mr. Wildeboer added: “At our meeting, the Company’s executive leadership presented an overview of the macro environment in which we operate, how we are dealing with current challenges and opportunities, our strategies, operations and...
Great Southern Bancorp, Inc. Announces Pricing of Subordinated Notes Offering
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SPRINGFIELD, Mo., June 10, 2020 (GLOBE NEWSWIRE) — Great Southern Bancorp, Inc. (NASDAQ: GSBC) (the “Company”), the holding company for Great Southern Bank (the “Bank”), today announced the pricing of its public offering of $75.0 million aggregate principal amount of 5.50% Fixed-to-Floating Rate Subordinated Notes due June 15, 2030 (the “Notes”). The price to the public is 100% of the principal amount of the Notes. Interest on the Notes initially will accrue at a rate equal to 5.50% per annum from and including June 15, 2020 to, but excluding, June 15, 2025 or the earlier redemption date, payable semi-annually in arrears. From and including June 15, 2025 to, but excluding, June 15, 2030 or the earlier redemption date, interest will accrue at a floating rate per annum equal to a benchmark rate, which is expected to be Three-Month...
Search Minerals Announces Debenture Financing and Shares for Debt Transaction
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VANCOUVER, British Columbia, June 10, 2020 (GLOBE NEWSWIRE) — Search Minerals Inc. (TSXV: SMY) (“Search” or the “Company”) is pleased to announce a non-brokered secured convertible debenture (“Debenture”) private placement (the “Private Placement”) for gross proceeds of $500,000. The Debenture has a maturity date of one year from the date of issuance and will bear simple interest at a rate of 15% per annum, calculated and paid semi-annually. The Debenture will be convertible into units (“Units”) of the Company at a conversion price of $0.05 per Unit, all in accordance with the terms set forth in the certificate representing the Debenture. Each Unit will be comprised of one common share of the Company (a “Share”) and one common share purchase warrant (a “Warrant”), with each Warrant entitling the holder thereof to acquire one additional...
Eagle Bancorp Montana Announces Private Placement of Fixed to Floating Rate Subordinated Notes
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HELENA, Mont., June 10, 2020 (GLOBE NEWSWIRE) — Eagle Bancorp Montana, Inc. (Nasdaq: EBMT) (the “Company”), holding company for Opportunity Bank of Montana (the “Bank”), today announced that it has sold $15 million in subordinated notes to certain qualified institutional accredited investors through a private placement offering. The subordinated notes were issued on June 10, 2020 and will mature on July 1, 2030. The subordinated notes will bear interest at an annual fixed rate of 5.5% per annum, payable semi-annually in arrears on January 1 and July 1 of each year from July 1, 2020 to, but excluding, July 1, 2025. From and including July 1, 2025 to, but excluding, July 1, 2030 or the earlier redemption date, interest will accrue at a floating rate per annum equal to a benchmark rate, which is expected to be Three-Month Term SOFR...
Rockwell Medical, Inc. Appoints Dr. Allen R. Nissenson to Board of Directors
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WIXOM, Mich., June 10, 2020 (GLOBE NEWSWIRE) — Rockwell Medical, Inc. (Nasdaq: RMTI) (“Rockwell Medical” or the “Company”), a biopharmaceutical company dedicated to transforming anemia management and improving outcomes for patients around the world, today announced the appointment of industry leader and renowned authority on kidney disease, Allen R. Nissenson, M.D., F.A.C.P., to its Board of Directors, effective June 11, 2020. Dr. Nissenson serves as an Emeritus Professor of Medicine at the David Geffen School of Medicine at University California Los Angeles, Emeritus Chief Medical Officer of DaVita Kidney Care, and a member of the Board of Directors of Angion Biomedica Corp.“We are pleased to welcome Allen to the Board of Directors,” said John P. McLaughlin, Chairman of the Board of Directors of Rockwell Medical. “We expect Allen’s...
Streamline Health® Reports First Quarter 2020 Financial Results
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First quarter 2020 revenue $2.8 million; loss from continuing operations ($1.0 million); adjusted EBITDA ($0.6 million)Atlanta, GA, June 10, 2020 (GLOBE NEWSWIRE) — Streamline Health Solutions, Inc. (NASDAQ: STRM), provider of integrated solutions, technology-enabled services and analytics supporting revenue cycle optimization for healthcare enterprises, today announced financial results for the first quarter of 2020, which ended April 30, 2020.Total revenues for the first quarter of 2020 were $2.8 million, compared to $3.2 million in the prior year period. First quarter 2020 revenue was negatively impacted by the COVID-19 pandemic, which resulted in delayed customer purchase decisions that adversely impacted professional services and perpetual license revenue. Recurring revenue comprised 75% of first quarter 2020 revenue compared...
Mimecast set to join Russell 3000® Index
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LEXINGTON, Mass., June 10, 2020 (GLOBE NEWSWIRE) — Mimecast Limited (NASDAQ: MIME), a leading email and data security company, is set to join the broad-market Russell 3000® Index at the conclusion of the 2020 Russell indexes annual reconstitution, effective after the U.S. market opens on June 29, 2020 according to a preliminary list of additions posted June 5, 2020.Annual Russell indexes reconstitution captures the 4,000 largest US stocks as of May 8, 2020 ranking them by total market capitalization. Membership in the U.S. all-cap Russell 3000® Index, which remains in place for one year, means automatic inclusion in the large-cap Russell 1000® Index or small-cap Russell 2000® Index as well as the appropriate growth and value style indexes. FTSE Russell determines membership for its Russell indexes primarily by objective, market-capitalization...