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Day: June 17, 2020

Ottawa Bancorp, Inc. Announces Voluntary NASDAQ Delisting and SEC Deregistration 

OTTAWA, Ill., June 17, 2020 (GLOBE NEWSWIRE) — Ottawa Bancorp, Inc. (the “Company”) (Nasdaq CM: OTTW), the holding company for Ottawa Savings Bank, FSB (the “Bank”), announced today that it has notified the NASDAQ Stock Market of the Company’s intent to voluntarily delist its common stock from the NASDAQ Capital Market and withdraw the registration of its common stock with the SEC under the Securities Exchange Act of 1934, as amended (the “Exchange Act”). The Company intends to file a Form 25 with the U.S. Securities and Exchange Commission (the “SEC”) to remove its common stock from listing on the NASDAQ Capital Market and to deregister its stock under Section 12(b) of the Exchange Act on or about June 30, 2020. The Company expects the last trading day of its shares of common stock on the NASDAQ Capital Market will be on or about...

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Purpose Investments Inc. Announces June Distributions

TORONTO, June 17, 2020 (GLOBE NEWSWIRE) — Purpose Investments Inc. is pleased to announce the following distributions for the month of June 2020. The ex-distribution date for all ETFs is June 25, 2020, with the exception of Purpose High Interest Savings ETF and Purpose US Cash ETF, which have an ex-distribution date of June 29, 2020. The ex-distribution date for all closed-end funds is June 29, 2020.Dividend is designated as an “eligible” Canadian dividend for purposes of the Income Tax Act (Canada) and any similar provincial and territorial legislation.Purpose US Preferred Share Fund Non-Currency Hedged – ETF Units have both a CAD and USD purchase option. Distribution per unit is declared in CAD, however, the USD purchase option (RPU.U) distribution will be made in the USD equivalent. Conversion into USD will use the end-of-day...

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Saratoga Investment Corp. Prices Public Offering of $37.5 Million 7.25% Notes Due 2025

NEW YORK, NY , June 17, 2020 (GLOBE NEWSWIRE) — Saratoga Investment Corp. (the “Company”) (NYSE: SAR) today announced that it has priced an underwritten public offering of $37.5 million in aggregate principal amount of 7.25% unsecured notes due 2025 (the “Notes”). The Notes will mature on June 30, 2025, and may be redeemed in whole or in part at any time or from time to time at Saratoga Investment Corp.’s option on or after June 24, 2022. The Notes will bear interest at a rate of 7.25% per year payable quarterly on February 28, May 31, August 31 and November 30 of each year, beginning August 31, 2020.The offering is expected to close on June 24, 2020, subject to customary closing conditions. The Company has granted the underwriters an option to purchase up to an additional $5.625 million in aggregate principal amount of Notes. The...

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Zealand Pharma announces completion of directed issue and private placement of 2,684,461 new ordinary shares

Company announcement – No. 35 / 2020Zealand Pharma announces completion of directed issue and private placement of 2,684,461 new ordinary shares             NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA, JAPAN OR SOUTH AFRICA, EXCEPT AS PERMITTED BY APPLICABLE LAW.THIS ANNOUNCEMENT IS NOT AN OFFER OF SECURITIES FOR SALE IN THE UNITED STATES AND THE SECURITIES REFERRED TO HEREIN MAY NOT BE OFFERED OR SOLD IN THE UNITED STATES ABSENT REGISTRATION EXCEPT PURSUANT TO AN EXEMPTION FROM, OR IN A TRANSACTION NOT SUBJECT TO, THE REGISTRATION REQUIREMENTS OF THE U.S. SECURITIES ACT; ANY PUBLIC OFFERING OF SUCH SECURITIES TO BE MADE IN THE UNITED STATES WILL BE MADE BY MEANS OF A PROSPECTUS THAT MAY BE OBTAINED FROM THE ISSUER, WHICH WOULD CONTAIN DETAILED INFORMATION ABOUT THE...

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Toscana Energy Provides Further Update on Continuous Disclosure Filings

CALGARY, Alberta, June 17, 2020 (GLOBE NEWSWIRE) — Toscana Energy Income Corporation (“Toscana” or the “Corporation”) (TSX: TEI) announces that, further to its May 14, 2020 news release, Toscana will be postponing its reporting of the Corporation’s first quarter financial statements, accompanying management’s discussion and analysis, and related certifications for the period ended March 31, 2020 (the “Q1 Filings”), to June 26, 2020.This news release is being issued in accordance to the blanket relief of a 45-day extension provided by the Canadian Securities Administrators and Alberta Order 51-517 – Temporary Exemption from Certain Corporate Finance Requirements for periodic filings normally required to be made by issuers during the period from March 23, 2020 to June 1, 2020.Until such...

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Gaming and Leisure Properties Announces Pricing of $500,000,000 of 4.000% Senior Notes Due 2031

WYOMISSING, Pa., June 17, 2020 (GLOBE NEWSWIRE) — Gaming and Leisure Properties, Inc. (“GLPI”) (NASDAQ: GLPI) today announced the pricing of a public offering of $500.0 million aggregate principal amount of 4.000% Senior Notes Due 2031 (the “Notes”), to be issued by its operating partnership, GLP Capital, L.P. (the “Operating Partnership”), and GLP Financing II, Inc., a wholly owned subsidiary of the Operating Partnership (together with the Operating Partnership, the “Issuers”). The Notes priced at 98.827%. The Notes will be senior unsecured obligations of the Issuers, guaranteed by GLPI.The net proceeds from the offering, after deducting underwriting discounts and commissions and estimated expenses, are expected to be approximately $488.8 million. The Issuers intend to use a portion of the net proceeds to reduce borrowings under...

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Euro Sun Relocates Corporate Offices

TORONTO, June 17, 2020 (GLOBE NEWSWIRE) — Euro Sun Mining Inc. (TSX: ESM) (“Euro Sun” or the “Company”) announces that it has relocated its registered head office to 66 Wellington Street West, Suite 5300, TD Bank Tower Box 48, Toronto ON M5K 1E6, Canada.The Company has also terminated its consulting agreement with Forbes & Manhattan, Inc, effective June 8th, 2020.About Euro Sun Mining Inc.Euro Sun is a Toronto Stock Exchange listed mining company focused on the exploration and development of its 100%-owned Rovina Valley gold and copper project located in west-central Romania, which hosts the second largest gold deposit in Europe.For further information about Euro Sun Mining, or the contents of this press release, please contact Investor Relations at info@eurosunmining.com.

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Brinks Home Security Announces Bulk Acquisition of Residential Alarm Monitoring Contracts

Low Risk, Earnout Based, Transaction Structure Beneficial to All StakeholdersA Majority Of The Company’s First Lien Lenders Support The Transaction With $4.6 Million of Recurring Monthly Revenue Improving Their Credit PositionDALLAS, June 17, 2020 (GLOBE NEWSWIRE) — Monitronics International, Inc. and its subsidiaries (doing business as Brinks Home Security ™), (“Brinks Home Security” or the “Company”) (OTC: SCTY) today announced that it has acquired approximately 114,000 residential alarm monitoring contracts from Protect America, Inc. (the “seller”) totaling approximately $4.6 million in recurring monthly revenue (“RMR”).Per the terms of the transaction, Brinks Home Security will take ownership of the alarm monitoring contracts at closing through an earnout structure that includes a $15.0 million upfront payment. For the first...

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Hudson Resources and Lenders Agree to Short-Term Extension of Loan Maturity

VANCOUVER, British Columbia, June 17, 2020 (GLOBE NEWSWIRE) — HUDSON RESOURCES INC. (“Hudson” or the “Company”) (TSX Venture Exchange “HUD”; OTC “HUDRF”) reports that it has entered into an amendment agreement with Cordiant Capital Inc. and Apex Asset Management AG (the “Lenders“) to extend the maturity date of its US$10 million six month bridge loan facility to June 30, 2020.  As previously announced on June 11, 2020, the Company has reached an agreement in principle with the Lenders to restructure the outstanding debt on the White Mountain Anorthosite mine and to provide an injection of working capital into Hudson Greenland A/S.   The extension allows the Company and Lenders additional time to finalize the details and terms of a definitive agreement which will be subject to applicable regulatory approvals.Hudson owns...

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SUPERIOR GROUP OF COMPANIES CONSOLIDATING HPI DISTRIBUTION CENTER INTO COMPANY’S EUDORA, ARKANSAS DISTRIBUTION CENTER

SEMINOLE, Fla., June 17, 2020 (GLOBE NEWSWIRE) —  Superior Group of Companies, Inc.® (NASDAQ: SGC) has announced transitioning all HPI® Distribution Center operations in Alpharetta, Georgia and Gainesville, Georgia to the company’s largest and most technologically advanced semi-robotic worldwide distribution center, located in Eudora, Arkansas. It was determined that the Georgia facilities could not be significantly upgraded in a manner that would make economic sense.  The Alpharetta/Gainesville Distribution Center move is expected to be completed by early 4th quarter 2020.   A severance package will be offered to all affected eligible employees.  HPI’s offices will remain in Alpharetta until suitable office space has been secured in the Atlanta area.The transition to Eudora will bring significant advantages, including updated material...

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