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Day: June 12, 2020

Grace Announces Upsizing and Pricing of Senior Notes

COLUMBIA, Md., June 12, 2020 (GLOBE NEWSWIRE) — W. R. Grace & Co. (NYSE:GRA) (“Grace”) announced today that its wholly owned subsidiary, W. R. Grace & Co.-Conn. (the “Issuer”), upsized and priced an offering of $750 million in aggregate principal amount of 4.875% senior unsecured notes due 2027 at an issue price of 100.000% (the “New Notes”). The offering was upsized from the previously announced $550 million aggregate principal amount.The New Notes will pay interest semiannually and will be fully and unconditionally guaranteed by Grace and certain of its existing and future domestic subsidiaries. The New Notes and the related guarantees were offered to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”), and to non-U.S. persons in accordance with Regulation...

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Algernon Pharmaceuticals Announces Deemed Exercise of Special Warrants

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATESVANCOUVER, British Columbia, June 12, 2020 (GLOBE NEWSWIRE) — Algernon Pharmaceuticals Inc. (“Algernon” or “Company”) (CSE: AGN) (FRANKFURT: AGW) (OTCB: AGNPF), a clinical stage pharmaceutical development company, is pleased to announce today that it has received a receipt for the Company’s final short form prospectus dated June 11, 2020, filed with the securities regulatory authorities in the provinces of British Columbia, Alberta, Manitoba and Ontario, to qualify the securities underlying 19,605,285 special warrants (the “Special Warrants”) issued by the Company on May 13, 2020.In accordance with the terms of a special warrant indenture dated May 13, 2020 between the Company and AST Trust Company (Canada), effective June 17, 2020,...

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TransAtlantic Petroleum Announces that it will Release First Quarter 2020 Financial Results on Wednesday, June 17, 2020

HAMILTON, Bermuda, June 12, 2020 (GLOBE NEWSWIRE) — TransAtlantic Petroleum Ltd. (TSX: TNP) (NYSE American: TAT) (the “Company” or “TransAtlantic”) will conduct a live webcast and conference call to review the financial results for the quarter ended March 31, 2020 and to provide an operation update at 7:30 a.m. Central time on Thursday, June 18, 2020. The Company expects to issue its earnings release for the quarter ended March 31, 2020 and file its Quarterly Report on Form 10-Q for the quarter ended March 31, 2020 after the market close on Wednesday, June 17, 2020. Quarter Ended March 31, 2020 Conference Call and Webcast DetailsDate and Time: 7:30 a.m. Central time on Thursday, June 18, 2020Call-In Information: The Company will host a live webcast and conference call on Thursday, June 18, 2020 at 7:30 a.m. Central time to discuss...

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Jericho Oil Closes Fully Subscribed $5M Equity Financing for Future Acquisitions

Not for dissemination in the United States or for distribution to U.S. newswire servicesTULSA, Okla. and VANCOUVER, British Columbia, June 12, 2020 (GLOBE NEWSWIRE) — Further to its news release dated April 23, 2020, Jericho Oil Corporation (“Jericho”) (TSX-V: JCO) announces that it has closed a fully subscribed non-brokered private placement (the “Offering”) of 50 million units (the “Units”) at $0.10 CAD per Unit for gross proceeds of $5 Million.Each Unit is comprised of one Common Share (a “Share”) and one Warrant (a “Warrant”), with each Warrant being exercisable for one additional Common Share at an exercise price of $0.13 CAD for a period of 36 months from the date of issuance.Net proceeds from the Offering, which was led by existing shareholders and insiders, will be used for the acquisition of assets during the current market...

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YANGAROO Announces Results of Annual General and Special Shareholder Meeting, Including Board Elections and Amended Stock Option Plan

TORONTO, June 12, 2020 (GLOBE NEWSWIRE) — YANGAROO Inc. (the “Company”) (TSX-V: YOO, OTC: YOOIF), the software leader in workflow management and media distribution solutions, is pleased to announce the voting results from the Company’s Annual General and Special Meeting of shareholders held on June 11th, 2020 (the “Meeting”).The five nominees as proposed in the Company’s Notice and Management Information Circular dated April 27th, 2020 were elected to the board of directors at the Meeting, being Mr. Gary Moss, Mr. Anthony Miller, Mr. Philip Benson, Mr. H. Shepard Boone and Mr. Roy Graydon and the shareholders approved a resolution appointing RSM Canada LLP as auditors for the Company for the ensuing year.The shareholders also approved an amended fixed 14% fixed stock option plan (the “Amended Plan”), an increase of 2% from its prior...

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Green Growth Brands Announces Leadership Change

COLUMBUS, Ohio, June 12, 2020 (GLOBE NEWSWIRE) — Green Growth Brands Inc. (CSE: GGB) (OTCQB: GGBXF) (“GGB” or the “Company“) announced today that Brian Logan is stepping down as Chief Financial Officer, effective July 15, 2020.  Mr. Logan has served as Chief Financial Officer of the Company since January 2019. Randy Whitaker, GGB’s Interim Chief Executive Officer, commented, “On behalf of GGB, I want to thank Brian for his many and significant contributions during his tenure as CFO of the Company.  I wish him the best of luck in his future endeavours.”The Company’s senior accounting employees will assume Mr. Logan’s duties following his departure and will report directly to interim Chief Executive Officer Randy Whitaker while the Company continues with its previously announced sale and investment solicitation...

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Medtronic Presents U.S. Pivotal Trial Data for MiniMed™ 780G Advanced Hybrid Closed Loop System with Automated Correction Bolus Feature

Data from Two Key Clinical Trials of the Next-Generation Medtronic Automated Insulin Pump Demonstrates Positive Results for Patients with Type 1 DiabetesDUBLIN, June 12, 2020 (GLOBE NEWSWIRE) — Medtronic plc (NYSE:MDT), the global leader in medical technology, today presented results from its U.S. pivotal trial of its investigational MiniMed™ 780G Advanced Hybrid Closed Loop (AHCL) system at the virtual 80th Scientific Sessions of the American Diabetes Association (ADA). The MiniMed 780G system, which features a default target of 100mg/dL (with the option of 120mg/dL), programmable insulin action time from two to eight hours, and automatic corrections every five minutes, met all study endpoints and demonstrated high user satisfaction across the studies being presented today at the conference.Results of the 90-day at home U.S. pivotal...

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GNC Holdings, Inc. Reaches Agreement with Lenders for Extension of Debt Maturity Dates

PITTSBURGH, June 12, 2020 (GLOBE NEWSWIRE) — GNC Holdings, Inc. (NYSE: GNC), a global health and wellness brand that helps people live well, announced today that it has reached an agreement with required lender groups to extend the springing maturity dates for certain loans.  As previously disclosed, GNC’s Tranche B-2 term loan, FILO term loan and revolving credit facility feature springing maturities that, prior to today’s amendments, could be accelerated from August 10, 2020 to June 15, 2020 if certain conditions are not satisfied. Due to COVID-19 related impacts on its business, the Company expected it would not be able to satisfy certain of those conditions, which could result in the acceleration of the springing maturity date.As a result of discussions with its lenders, GNC entered into amendments to its loan agreements to...

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Calvin B. Taylor Bankshares, Inc. (OTCQX: TYCB), Parent Company of Calvin B. Taylor Bank, Announces Quarterly Cash Dividend of $0.26 Per Share

BERLIN, MARYLAND, June 12, 2020 (GLOBE NEWSWIRE) — via NEWMEDIAWIRE ‒ Calvin B. Taylor Bankshares, Inc. (OTCQX: TYCB), parent company of Calvin B. Taylor Bank, announced today that the Board of Directors has declared a quarterly cash dividend of $0.26 per share. This dividend is payable on July 15, 2020 to stockholders of record as of June 30, 2020. About Calvin B. Taylor BankCalvin B. Taylor Bank, the bank subsidiary of Calvin B. Taylor Bankshares, Inc. (OTCQX: TYCB), founded in 1890, offers a wide range of loan, deposit, and ancillary banking services through both physical and digital delivery channels.  Calvin B. Taylor Bank has 11 banking locations within the eastern coastal area of the Delmarva Peninsula including Worcester County, Maryland, Sussex County, Delaware and Accomack County, Virginia. There is also a loan production...

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PSYC To Exit Cannabis Payments Industry To Redirect Focus on Emerging Psychedelic Market Space

SAN DIEGO, CA, June 12, 2020 (GLOBE NEWSWIRE) — Global Trac Solutions, Inc. (OTCPink: PSYC) (“Global” “PSYC” or the “Company”) would like to announce to its valued shareholders and stakeholders that in an effort to more strategically focus the Company’s current growth and expansion initiatives within the burgeoning medicinal psychedelic industry, in addition to adapting to the challenges faced within a changing economic climate, the Company has made the decision to wind down all operations associated with its wholly-owned subsidiary, MTrac Tech Corporation effective immediately.While the Company contends that this decision was not easy given the success MTrac achieved within the retail cannabis industry over the last year and a half, it believes that in order for PSYC to proceed full steam ahead with its push into the psychedelic...

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