Day: June 22, 2020
Company announcement no. 14 – 20 22 June 2020NTG has entered into an agreement to purchase 107,187 sharesToday, NTG Nordic Transport Group A/S (“NTG”) has entered into an agreement to purchase 107,187 shares (nominally DKK 2,143,740) of a value of DKK 9,861,204 from Holdingsselskabet af 7. marts 2019 ApS.The shares purchased in this transaction will be used as consideration in connection with the acquisition of certain shares in NTG subsidiaries, thereby reducing the non-controlling interests under NTG’s “Ring-the-Bell” concept. The transaction is made in addition to NTG’s 2020 share buy-back program of up to a total of DKK 20,000,000, initiated on 26 May 2020, which continues on the previously announced terms (see company announcement 09 – 20).The purchase price is DKK 92.00 per share, equal to the closing price on 22 June...
W&T Offshore Announces First Quarter 2020 Results
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HOUSTON, June 22, 2020 (GLOBE NEWSWIRE) — W&T Offshore, Inc. (NYSE: WTI) (“W&T” or the “Company”) today reported operational and financial results for the first quarter 2020.Key highlights included:Produced 53,553 barrels of oil equivalent per day (“Boe/d”), or 4.9 million Boe (48% liquids), in the first quarter of 2020, near the high end of W&T’s guidance range, reflecting a 61% increase from the first quarter of 2019 and slightly higher than the fourth quarter of 2019;Reported net income of $66.0 million or $0.46 per share and Adjusted Net Income of $5.8 million or $0.04 per share in the first quarter of 2020;Generated significant Adjusted EBITDA of $62.1 million for the first quarter of 2020, despite a lower pricing environment;Recorded strong cash flow from operating activities of $84.3 million in the first quarter;Closed...
Core-Mark to Webcast Presentation from 2020 Jefferies Virtual Consumer Conference
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WESTLAKE, Texas, June 22, 2020 (GLOBE NEWSWIRE) — Core-Mark Holding Company, Inc. (NASDAQ: CORE), one of the largest marketers of food, fresh and broad-line supply solutions to the convenience retail industry in North America, announced today that it will webcast its presentation from the 2020 Jefferies Virtual Consumer Conference on Wednesday, June 24, 2020 beginning at 10:30 a.m. Eastern.The live webcast can be accessed at www.core-mark.com. An archived replay of the presentation will be available shortly after the live event is completed and will remain on Core-Mark’s website for 30 days.Core-MarkCore-Mark is one of the largest marketers of food, fresh and broad-line supply solutions to the convenience retail industry in North America. Founded in 1888, Core-Mark offers a full range of products, marketing programs and technology...
Blockchain Foundry Announces Renewal of Blockchain Development Agreement with the LODE Community
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THIS NEWS RELEASE IS INTENDED FOR DISTRIBUTION IN CANADA ONLY AND IS NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR RELEASE, PUBLICATION OR DISSEMINATION, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES.TORONTO, June 22, 2020 (GLOBE NEWSWIRE) — Blockchain Foundry Inc. (“BCF” or the “Company”) (CSE:BCFN), a leading North American blockchain development firm, has renewed its blockchain development agreement (the “Agreement”) with the LODE Community (“LODE”). The Agreement commenced on June 22, 2020 and is valued at approximately C$90,000.The Company’s initial agreement with LODE was announced in February 2019 and more information can be found in the Company’s news release dated February 14, 2019. About Blockchain Foundry Inc. Blockchain Foundry develops and commercializes blockchain-based business solutions...
Brookfield Asset Management Announces Results of Conversion of its Series 42 Preferred Shares
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BROOKFIELD, NEWS, June 22, 2020 (GLOBE NEWSWIRE) — Brookfield Asset Management Inc. (TSX: BAM.A, NYSE: BAM) today announced that after having taken into account all election notices received by the June 15, 2020 deadline for the conversion of its Cumulative Class A Preference Shares, Series 42 (the “Series 42 Shares”) (TSX: BAM.PF.G) into Cumulative Class A Preference Shares, Series 43 (the “Series 43 Shares”), there were 132,682 Series 42 Shares tendered for conversion, which is less than the one million shares required to give effect to conversions into Series 43 Shares. Accordingly, there will be no conversion of Series 42 Shares into Series 43 Shares, and holders of Series 42 Shares will retain their Series 42 Shares.Brookfield Asset Management Inc. is a leading global alternative asset manager with over US$515 billion of assets...
Goldgroup Announces Loan Facility Term Sheet With Accendo
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VANCOUVER, British Columbia, June 22, 2020 (GLOBE NEWSWIRE) — Goldgroup Mining Inc. (“Goldgroup” or the “Company“) (TSX:GGA, OTC:GGAZF, BMV SIX:GGAN.MX) is pleased to announce that it has signed an indicative term sheet (the “Term Sheet“) in respect of a secured loan facility (the “Facility“) with Accendo Banco S.A., Multiple Banking Institution (the “Lender“), in the amount of USD$3,000,000 (the “Facility Amount“).Facility TermsAs set out in the Term Sheet, the Facility will be available for drawing for 12 months following the date on which certain conditions precedent to the Facility have been satisfied (the “Closing Date“), with a minimum drawdown of USD$200,000. It will bear interest at the rate of 12% per annum, accruing on the outstanding amount...
PGS ASA: Settlement of 2017 LTI Program
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1. SettlementThe PGS ASA 2017 Long Term Incentive Program settled on June 22, 2020. Employees in PGS ASA and subsidiaries (“PGS” or “the Company”) have received a total number of 359 560 RSUs and a total number of 0 PRSUs that were settled in cash. The payment has been determined based on an average share price on June 22 of NOK 3.3175 per share.2. Settlement of RSUs/ PRSUs by primary insidersOut of the abovementioned release, the following were settled by primary insiders:Gottfred Langseth has settled 9 000 RSUs and 0 PRSUs in the CompanyRune Olav Pedersen has settled 9 000 RSUs and 0 PRSUs in the CompanyNathan Selvoy Oliver has settled 4 000 RSUs and 0 PRSUs in the CompanyBerit Osnes has settled 4 000 RSUs and 0 PRSUs in the CompanyBård Stenberg has settled 3 200 RSUs and 0 PRSUs in the CompanyKai Reith has settled...
MediPharm Labs Appoints Former Nestlé Canada President and CEO, Shelley Martin, to Board of Directors
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TORONTO, June 22, 2020 (GLOBE NEWSWIRE) — MediPharm Labs Corp. (TSX: LABS) (OTCQX: MEDIF) (FSE:MLZ) (“MediPharm Labs” or the “Company”) a global leader in specialized, research-driven pharmaceutical-quality cannabis extraction, distillation and derivative products, is delighted to announce the appointment of Shelley Martin – former President and CEO of Nestlé Canada and a consumer packaged goods industry top executive with an outstanding track record of success – to its Board of Directors effective immediately. This key appointment follows an extensive planning and search process.Ms. Martin served in a variety of senior executive roles at Nestlé Canada Inc. from 1990 until she retired after five years as President and Chief Executive Officer in 2018. During her time leading Nestlé Canada, she drove a substantial increase in revenue,...
Allogene Therapeutics Presents Preclinical Findings Supporting an Allogeneic DLL3 CAR for Small Cell Lung Cancer and Development of an Inducible TurboCAR™ at the American Association for Cancer Research (AACR) Virtual 2020 Meeting
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SOUTH SAN FRANCISCO, Calif., June 22, 2020 (GLOBE NEWSWIRE) — Allogene Therapeutics, Inc. (Nasdaq: ALLO), a clinical-stage biotechnology company pioneering the development of allogeneic CAR T (AlloCAR T™) therapies for cancer, today announced that preclinical findings supporting DLL3-targeted AlloCAR T therapy in small cell lung cancer (SCLC) and inducible TurboCAR™ (iTurboCAR™) technology were presented in poster sessions at the virtual American Association for Cancer Research (AACR) annual meeting.“Our goal is to remain at the forefront of innovation in allogeneic cell therapy, and these studies inform our ability to optimize AlloCAR T therapy for both hematologic and solid tumors,” said Barbra Sasu, Ph.D., Chief Scientific Officer of Allogene. “The findings from these two presentations provide strong scientific rationale for...
Kaiser Aluminum Corporation Announces Executive Leadership Succession
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FOOTHILL RANCH, Calif., June 22, 2020 (GLOBE NEWSWIRE) — Kaiser Aluminum Corporation (NASDAQ:KALU) today announced that its Board of Directors approved an executive leadership succession following a deliberate, multi-year succession planning process.Jack A. Hockema, who has served as Kaiser Aluminum’s Chief Executive Officer since October 2001 and Chairman of the Board of Directors since July 2006, will transition from his position as Chief Executive Officer effective as of July 31, 2020. Keith A. Harvey, a 40-year Kaiser veteran who has served as the Company’s President and Chief Operating Officer since December 2015, will succeed Mr. Hockema as President and Chief Executive Officer and will become a member of the Company’s Board of Directors at that time. Mr. Hockema will remain on the Company’s Board of Directors as Executive...