Day: June 15, 2020

Tandy Leather Appoints New Chief Financial Officer

FORT WORTH, Texas, June 15, 2020 (GLOBE NEWSWIRE) — Tandy Leather Factory, Inc. (the “Company”) announced that Steve Swank is joining the Company as its Chief Financial Officer, effective July 6, 2020.  Mr. Swank joins Tandy Leather from Sears Hometown Stores, Inc., where he was the Vice President, CFO and Treasurer.  Michael Galvan, the Company’s Interim CFO, will remain with Tandy through the completion of the restatement and in a consulting role.Mr. Swank brings over 25 years of finance, accounting, planning and other relevant experience in a broad range of retail companies, including Sears-branded companies, where he spent the last 11 years, Fossil Group and CompUSA.  He has worked in both public and private companies and in both large organizations and small.  Coming full circle, Mr. Swank started his career at Fort Worth-headquartered...

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Treasury Metals Announces $10 Million Bought Deal Financing

NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATESTORONTO, June 15, 2020 (GLOBE NEWSWIRE) — Treasury Metals Inc. (TSX: TML) (“Treasury” or the “Company”) is pleased to announce that it has entered into an agreement with a syndicate of underwriters led by Haywood Securities Inc. (collectively, the “Underwriters”) in connection with a “bought deal” private placement financing (the “Offering”) of an aggregate of 27,800,000 subscription receipts (the “Subscription Receipts”) at a price of $0.36 per Subscription Receipt (the “Issue Price”) for gross proceeds of $10,008,000.The Offering is being completed in connection with the Company’s previously announced transaction (the “Transaction”) wherein Treasury will acquire all of the outstanding common shares of Tamaka Gold Corporation, a wholly...

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iSIGN Media Announces the Close of its Previously Announced Warrant Bonus

TORONTO, June 15, 2020 (GLOBE NEWSWIRE) — iSIGN Media Solutions Inc. (“iSIGN” or “Company”) (TSX-V: ISD) (OTC: ISDSF), a leading provider of interactive mobile advertising solutions that serves brands, commercial locations, retailers and service providers throughout North America today announced it has received final approval from the necessary regulatory agency to close its previously announced warrant bonus agreement (“Bonus”) relating to the extension of the due date of a previously issued promissory note (“Note”).The Company has completed the Bonus arrangement by issuing 12,014,000 warrants with an exercise price of $0.05 in settlement for the extension of the due date on a Note held by Korona Group Ltd.  The extended due date is now June 30, 2021.  When exercised, each warrant will allow for the purchase of one common share...

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CORRECTION – WW International Provides Update on Strong Momentum in Digital Trends, Studio Reopening Plans, and Amended Revolving Credit Facility

In the release issued under the same headline on June 15, 2020 by WW International, Inc. (Nasdaq: WW), please note that in the first bullet point under the Q2 2020 Quarter-to-Date Trends section, the reference to fiscal 2019 should have been fiscal 2020. The corrected release follows:Subscribers as of June 6, 2020 totaled 4.9 million, up 7% from June 8, 2019, consisting of 3.8 million Digital Subscribers and 1.1 million Studio + Digital SubscribersDigital member signup trends accelerating since mid-April on a year-over-year weekly basis, driving Digital subscribers to an all-time high Phased reopening of certain Studio locations now underway; anticipate approximately 400 Studios in the U.S. will be open by June 30 Increased revolving credit facility commitments to $175 million, adding financial flexibilityNEW YORK, June 15, 2020 (GLOBE...

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79North to Commence Trading on the CSE June 16, 2020 Under Ticker Symbol TWLV

TORONTO, June 15, 2020 (GLOBE NEWSWIRE) — 12 Exploration Inc. (CSE: TWLV), doing business as 79North (the “Company” or “79North”) is pleased to announce that common shares of the Company will commence trading on the Canadian Securities Exchange (the “CSE”) under the symbol “TWLV” tomorrow, Tuesday, June 16, 2020.79North is led by a team with extensive mineral exploration expertise and a track record of discoveries and exits in South America and globally. 79North currently holds an indirect interest in mineral concessions in northern Suriname (formerly Dutch Guiana), and aims to become the premier junior exploration company in this underexplored district of the prolific Guiana Shield. The Company’s strategically located land package is located in close proximity to both the Merian Gold Mine of Newmont Corporation and the Rosebel Gold...

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Patagonia Gold 2019 Financial Results and Update on Extension to File Q1 2020 Financial Statements and MD&A

VANCOUVER, British Columbia, June 15, 2020 (GLOBE NEWSWIRE) — Patagonia Gold Corp. (“Patagonia” or the “Company”) (TSXV: PGDC) announces its audited results for the fiscal year ended December 31, 2019 (“YE 2019”).  The financial statements together with the management’s discussion and analysis (“MD&A”) are available on the Company’s website and on SEDAR at www.sedar.com.HighlightsRevenue of US $21.9 million and gross profit of US $5.5 million in YE 2019.In February 2019, the heap leach operations at Lomada and Cap Oeste were placed on care and maintenance.Residual production at Cap Oeste of 7,796 ounces of gold and 237,727 ounces of silver and at Lomada of 3,969 ounces of gold.Production at Mina Martha of 232 ounces of gold and 65,620 ounces of silver.Completion of the Reverse Takeover transaction with Hunt Mining Corp. on...

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IGNITE Completes Acquisition of Ignite Distribution, Inc. and Announces 2019 Results

VAUGHAN, Ontario, June 15, 2020 (GLOBE NEWSWIRE) — IGNITE International Brands, Ltd. (CSE:BILZ, OTCQX: BILZF) (“IGNITE” or the “Company”), a global consumer packaged goods brand, is pleased to announce the closing of the previously announced acquisition (the “Acquisition”) of the remaining 90% of the issued and outstanding equity securities of Ignite Distribution, Inc. (the “Target”) that it did not previously own. As described below, the parties agreed to vary the consideration payable for the purchase of the shares relative to what was previously announced, which variations benefited the Company. As a result of the completion of the Acquisition, IGNITE now owns 100% of the issued and outstanding shares of the Target.IGNITE purchased 10% of the outstanding equity securities of the Target from ECVD/MMS Wholesale LLC (“MMS”) and...

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Nabis Holdings Inc. Announces Delay in Filing Annual Financial Statements

VANCOUVER, British Columbia, June 15, 2020 (GLOBE NEWSWIRE) — Nabis Holdings Inc. (CSE: NAB) (OTC: NABIF) (FRA: A2PL) (“Nabis” or the “Company”) announces that its annual financial statements for the year ended December 31, 2019, including the related management discussion and analysis, and CEO and CFO certifications (collectively, the “Annual Financial Filings”) were not filed by the required extended filing deadline of June 15, 2020 granted by the BCSC and other members of the Canadian Securities Administrators (the “Annual Financial Filing Deadline”).The Annual Financial Filings were unable to be filed on or before the Annual Financial Filing Deadline due to unforeseen delays in the completion of the Company’s audit of the annual financial statements for the year ended December 31, 2019 (the “2019 Audit”).  Prior to the 2019...

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Umicore announces the placement of €500 million in convertible bonds due 2025

Umicore (the “Company”) announces today the placement of senior unsecured convertible bonds (the “Bonds”) due 2025, under the Company’s authorised capital, for an aggregate principal amount of €500 million.The net proceeds of the offering will be used for general corporate purposes and to fund Umicore’s strategic developments in the areas of clean mobility materials and recycling. This offering will further strengthen and diversify Umicore’s funding structure by complementing the €1.1 billion of medium- and long-term, fixed-rate private placement debt secured in recent years.The Bonds will have a denomination of €100,000 in principal amount and integral multiples thereof.The Bonds will be issued at 100% of their principal amount and unless previously converted, redeemed or repurchased and cancelled, the Bonds will be redeemed at 100%...

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Firm Capital Mortgage Investment Corporation Announces Information Regarding Annual Shareholders Meeting

TORONTO, June 15, 2020 (GLOBE NEWSWIRE) — In light of the continuing COVID-19 pandemic and guidance from government and public health authorities, Firm Capital Mortgage Investment Corporation (the “Corporation”) (TSX: FC) is providing an update on it upcoming annual meeting of shareholders (the “Meeting”) to be held on Tuesday, June 23, 2020 at 12:30 p.m. (Toronto time).Given the current circumstances, the location of the Meeting will be the Corporation’s head office, located at 163 Cartwright Avenue, Toronto, Ontario, Canada M6A 1V5. The Corporation will be strictly restricting physical access to the Meeting to registered shareholders and formally appointed proxyholders and will not be permitting any others (including beneficial shareholders that hold their shares through a broker or other intermediary) to attend. The Corporation...

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