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Day: June 12, 2020

Champignon Provides Corporate Update; Announces Name Change, Rebranding and Planned Spin Out

VANCOUVER, British Columbia, June 12, 2020 (GLOBE NEWSWIRE) — Champignon Brands Inc. (“Champignon” or the “Company”) (CSE: SHRM) (FWB: 496) (OTCQB: SHRMF), a human optimization sciences company with an emphasis on ketamine and psychedelic medicine, since commencing trading on March 2, 2020 has expanded its initiatives and rapidly executed on such initiatives to position the Company as a leading publicly traded psychedelic medicine company developing novel rapid onset treatments for depression, post-traumatic stress disorder (“PTSD”), and substance-use disorders (“SUD”) via the clinical delivery of ketamine and ketamine-derivatives. The Company is pleased to share its corporate advancements and achievements over the last quarter, which target key segments in the psychedelics as medicines industry that will complement each other as...

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Black Hills Corp. Announces Pricing of $400 Million Debt Offering

RAPID CITY, S.D., June 12, 2020 (GLOBE NEWSWIRE) — Black Hills Corp. (NYSE: BKH) today announced the pricing of a registered public debt offering of $400 million aggregate principal of 2.50% senior unsecured notes due June 15, 2030. Black Hills Corp. expects the offering to close on June 17, 2020, subject to customary closing conditions.The company plans to use the net proceeds from the offering for repayment of short-term debt, working capital and general corporate purposes. Upon close of this transaction, the company will have approximately $800 million of available liquidity between its revolving credit facility and cash on hand.The offering is being made only by means of a prospectus supplement relating to the offering and accompanying base prospectus previously filed with the Securities and Exchange Commission, copies of which...

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MSB Financial Corp to Pay $0.104 Special Dividend

MILLINGTON, N.J., June 12, 2020 (GLOBE NEWSWIRE) — MSB Financial Corp., (the “Company” or “MSB”) (Nasdaq: MSBF), the holding company for Millington Bank, announced today that its Board of Directors has declared a special cash dividend of $0.104 per share on its outstanding common stock, payable on or about June 30, 2020 to stockholders of record as of the close of business on June 22, 2020.Such dividend payment is consistent with the Agreement and Plan of Merger (“Merger Agreement’) dated December 18, 2019 between Kearny Financial Corp. (“Kearny”) and the Company providing for the merger of the Company with and into Kearny, with Kearny as the surviving corporation (the “Merger”). The Merger Agreement provides that the Company may pay dividends on its common stock pending the closing of the Merger comparable to any dividend paid...

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Beasley Broadcast Group Reports First Quarter Net Revenue of $57.7 Million

NAPLES, Fla., June 12, 2020 (GLOBE NEWSWIRE) — Beasley Broadcast Group, Inc. (Nasdaq: BBGI) (“Beasley” or the “Company”), a multi-platform media company, today announced operating results for the three-month period ended March 31, 2020.The results presented herein reflect actual results including the operations of WDMK-FM in Detroit since its acquisition in August 2019.1  Operating income (loss), net income (loss) and net income (loss) per diluted share reflect $6.8 million of non-cash impairment losses in the three months ended March 31, 2020 and a $3.5 million gain on dispositions in the three months ended March 31, 2019.Net revenue during the three months ended March 31, 2020 reflects strong political advertising revenue, an increase in digital advertising and esports revenue and contributions from the August 2019 acquisition...

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Globus Maritime Limited Reports Financial Results for the Quarter Ended March 31, 2020

GLYFADA, Greece, June 12, 2020 (GLOBE NEWSWIRE) — Globus Maritime Limited (“Globus,” the “Company,” “we,” or “our”) (NASDAQ: GLBS), a dry bulk shipping company, today reported its unaudited consolidated operating and financial results for the quarter ended March 31, 2020.Financial HighlightsCurrent Fleet ProfileAs of the date of this press release, Globus’ subsidiaries own and operate five dry bulk carriers, consisting of four Supramax and one Panamax.Current Fleet DeploymentAll our vessels are currently operating on short term time charters (“on spot”).Management Discussion and Analysis of the Results of OperationsFirst Quarter of the Year 2020 compared to the First Quarter of the Year 2019Total comprehensive loss for the first quarter of the year 2020 amounted to $9 million or $1.55 basic and diluted loss per share...

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MAYA PROVIDES FURTHER UPDATE ON COVID-19 AND EXTENSION TO FILE INTERIM FILINGS

Montreal, Québec, June 12, 2020 (GLOBE NEWSWIRE) — Maya Gold & Silver Inc. (“Maya” or the “Corporation”) (TSX: MYA) wishes to provide an update on the Press Release issued May 14, 2020 relating to the COVID-19 pandemic as it effects the Corporation and the status of the filing of its quarterly financial statements and accompanying management’s discussion and analysis, and related CEO and CFO certifications, for the quarter ended March 31, 2020 (“Interim Filings”). On May 14, 2020 the Corporation issued the required press release to obtain an extension pursuant to decision N°2020-PDG-0023 issued by the Autorité des marchés financiers (“AMF Temporary Exemption”). Maya is relying on this extension period due to delays experienced as result of the COVID-19 pandemic.The lockdown resulting from the outbreak of COVID-19...

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WW to Present at Oppenheimer 20th Annual Consumer Growth Conference

NEW YORK, June 12, 2020 (GLOBE NEWSWIRE) — WW International, Inc. (Nasdaq: WW), a global wellness company powered by the world’s leading commercial weight management program, today announced that it will present at the following virtual investor conference.Oppenheimer 20th Annual Consumer Growth ConferenceTuesday, June 16, 2020 at 10:15 a.m. ETPresenters: Mindy Grossman, President and Chief Executive Officer, and Nick Hotchkin, Chief Financial Officer, Operating Officer, North America & President, Emerging MarketsThe presentation will be accessible via live audio webcast on the Company’s corporate website at corporate.ww.com in the Investors section under Presentations and Events. An archive of the webcast will be available on this site for 30 days.About WW International, Inc.WW – Weight Watchers reimagined – is...

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Hemp, Inc. Rapidly Approaching $2 Million in Sales from Its Premium, High Quality Hemp Flower

LAS VEGAS, NV, June 12, 2020 (GLOBE NEWSWIRE) — via NEWMEDIAWIRE ‒ Hemp, Inc. (OTC PINK: HEMP) announced today that sales from their premium hemp flower, Pre-98 OG Bubba Kush, may potentially reach $2,000,000 by close of 2nd quarter, 2020. The Company recently reported it surpassed the $1,000,000 mark in a previous press release on 5/26/20 and said demand for their hemp flower has been explosive. The premium Pre-98 OG Bubba Kush is just one of the many bio-diverse hemp products the Company produces, among hemp for bioplastics and LCM (Lost Circulation Material).“We love to keep our shareholders updated on Hemp, Inc. news and well-informed. It was very frustrating and full of delays with sales for about two months due to the COVID-19 pandemic but that was short-lived.  Our Company is now full speed ahead and still on track to be...

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Fountain Asset Corp. Announces Its Financial Results for the Quarter and Year Ended December 31, 2019

TORONTO, June 12, 2020 (GLOBE NEWSWIRE) — Fountain Asset Corp. (TSXV:FA) (“Fountain” or the “Company”) would like to announce its financial results for the three months ended December 31, 2019 (“Q4/19”) and for the year ended December 31, 2019 (“Fiscal 2019”).Highlights from Q4/19:Adjusted net asset value (“ANAV”) of $18.78 million ($0.32 per share) at December 31, 2019 compared to $26.80 million ($0.45 per share) at September 30, 2019, representing a 30% decrease quarter over quarter on a per share basis. ANAV reflects the net asset value plus the amount of available tax loss pools available;Net comprehensive loss of $8.46 million compared to net comprehensive income of $1.02 million for three months ended December 31, 2018 (“Q4/18”);Total revenue from investment activity was a loss of $8.15 million compared to $2.29 million for...

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Apple Tree Partners Portfolio Company Corvidia Therapeutics to be Acquired by Novo Nordisk

NEW YORK, June 12, 2020 (GLOBE NEWSWIRE) — Apple Tree Partners (ATP), a leading life sciences fund, will exit its ownership stake in Corvidia Therapeutics, a precision cardiovascular therapeutics company, with Novo Nordisk’s acquisition of Corvidia. On June 11, 2020, Novo Nordisk announced their agreement to acquire Corvidia Therapeutics for an upfront cash payment of $725 million USD and additional cash payments that could ultimately amount to $2.1 billion USD with Novo Nordisk’s achievement of certain regulatory and sales milestones. Apple Tree Partners was an original founder of Corvidia Therapeutics and is one of the company’s largest shareholders, having co-led its Series A raise in 2016 and following through with substantial additional investments in its Series B round in 2018.“Over the past two decades, Apple Tree Partners...

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