Day: June 29, 2020

Vista Gold Corp. Refreshes Shelf Registration Statement and At-the-Market Offering

DENVER, June 29, 2020 (GLOBE NEWSWIRE) — Vista Gold Corp. (NYSE American and TSX: VGZ) (“Vista” or the “Company”) today announced that it has filed a $25 million Shelf Registration Statement on Form S-3  (“Shelf Registration Statement”) with the U.S. Securities and Exchange Commission (“SEC”) (SEC File No. 333-239139) and amended its At-the-Market Offering Agreement (“ATM Agreement”) with H.C. Wainwright & Co. LLC (“Wainwright”).The Shelf Registration Statement and ATM Agreement are part of the Company’s ongoing business practice to maintain financing flexibility without any incumbent obligation to use either instrument.This press release does not constitute an offer to sell or the solicitation of an offer to buy securities, nor will there be any sale of the securities in any jurisdiction in which such offer, solicitation or...

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Nabis Holdings Inc. Provides MCTO Update

VANCOUVER, British Columbia, June 29, 2020 (GLOBE NEWSWIRE) — Nabis Holdings Inc. (CSE: NAB) (OTC: NABIF) (FRA: A2PL) (“Nabis” or the “Company”) provides an update with respect to the management cease trade order (the “MCTO“) issued by the British Columbia Securities Commission on June 17, 2020. The MCTO was issued in connection with the filing of its annual financial statements, management’s discussion and analysis and related officer certifications for the financial year ended December 31, 2019 (collectively the “Annual Financial Filings”).The Company is working on the steps required to complete the Annual Financial Filings and expects to be able to file the Annual Financial Filings by July 15, 2020.The Company is also working on the steps required to complete the interim financial statements for the three-month...

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Clean TeQ Capital Structure Update

MELBOURNE, Australia, June 29, 2020 (GLOBE NEWSWIRE) — Clean TeQ Holdings Limited (Clean TeQ or Company) (ASX/TSX:CLQ; OTCQX:CTEQF) advises that the following securities have lapsed and have been cancelled on 30 June 2020:The Company’s current capital structure therefore constitutes of the following classes of securities:For more information, please contact:Ben Stockdale, CFO and Investor Relations                                            +61 3 9797 6700This announcement is authorised for release to the market by the Board of Directors of Clean TeQ Holdings Limited.About Clean TeQ Holdings Limited (ASX/TSX: CLQ) – Based in Melbourne, Australia, Clean TeQ is a global leader in metals recovery and industrial water treatment through the application of its proprietary Clean-iX® continuous ion exchange technology. For more information...

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UPDATED – II-VI Incorporated Licenses Technology for Silicon Carbide Devices and Modules for Power Electronics

PITTSBURGH, June 29, 2020 (GLOBE NEWSWIRE) — II‐VI Incorporated (Nasdaq: IIVI), a leader in compound semiconductors, today announced that it signed an agreement with General Electric (NYSE: GE) to license GE’s technology to manufacture silicon carbide (SiC) devices and modules for power electronics.  The rapid growth in electric vehicles, renewable energy, microgrids, and power supplies for data storage and communications is driving the strong demand for SiC-based power electronics. SiC achieves superior efficiency, higher energy density, and lower system-level cost per watt compared with state-of-the-art silicon-based devices. Power electronics based on SiC have demonstrated their potential to have a highly beneficial impact on the environment via significant reductions in carbon dioxide emissions and energy consumption.“We...

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Hallmark Financial Announces Fourth Quarter and Fiscal 2019 Results

DALLAS, June 29, 2020 (GLOBE NEWSWIRE) — Hallmark Financial Services, Inc. (“Hallmark Financial”) (NASDAQ: HALL) today announced financial results for the fourth quarter and fiscal year ended December 31, 2019. (1) See “Non-GAAP Financial Measures” belowFourth Quarter 2019 Highlights (all comparisons to same prior year period):Gross premiums written increased 28% to $214.1 million Net premiums written increased 35% to $127.5 million Net combined ratio of 141.4% compared to 96.3%.  Net unfavorable prior year loss reserve development of $53.1 million added 44.7 percentage points to the net combined ratio compared to $0.1 million of net favorable prior year loss reserve development having a negligible impact on the net combined ratio. Net loss of $34.0 million, or $1.87 per diluted share, compared to a net loss of $5.1 million, or...

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Björn Wallin reinstated as Chairman of the Board

Stockholm, Sweden, June 30, 2020 – With reference to the press release of June 24th, the Board of Directors has tonight decided to reinstate Björn Wallin as Chairman of the Board.“The investigations has nothing to do with Hoylu and is based on a misunderstanding of Recall Capital’s role in other matters”, says Björn Wallin.For more information, please contact:Stein Revelsby, CEO at Hoylu +1 213 440 2499 Email: sr@hoylu.comKarl Wiersholm, CFO at Hoylu +1 425 829 2316 Email: kw@hoylu.comAbout HoyluHoylu’s mission is to make remote work and information sharing easy. Through our customizable Connected Workspaces™ we deliver software solutions for companies, organizations and individuals across virtually all industries that enable all teams, big and small to work efficiently and securely in an intuitive and easy workflow. For more information:...

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Styrelsen har beslutat att åter utse Björn Wallin till ordförande

Stockholm, Sverige, 30:e juni – Med hänvisning till pressmeddelande 24 juni har styrelsen beslutat att åter utse Björn Wallin till ordförande.”Utredningen har inget med Hoylu att göra och beror på rena missförstånd om Recall Capitals roll i andra sammanhang”, säger Björn Wallin.För mer information, vänligen kontakta:Stein Revelsby, VD på Hoylu + 1 213 440 2499 e-post: sr@hoylu.comKarl Wiersholm, CFO på Hoylu + 1 425 829 2316 e-post: kw@hoylu.comOm HoyluHoylu s uppdrag är att göra distansarbete och informationsutbyte lätt. Genom våra anpassningsbara Connected Workspaces™ levererar vi programvarulösningar för företag, organisationer och individer i praktiskt taget alla branscher som gör det möjligt för alla team, stora som små att arbeta effektivt och säkert i ett intuitivt enkelt arbetsflöde. För mer information: www.hoylu.com.Kortnamn:...

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Marksmen Announces Initial Production Results From the Meredith #1 Well

PROPOSED PRIVATE PLACEMENTEXTENSION OF DEBENTURECALGARY, Alberta, June 29, 2020 (GLOBE NEWSWIRE) — Marksmen Energy Inc. (“Marksmen” or the “Company”) is pleased to announce the following:Initial Production Results of the Meredith #1 well at Portage County, Ohio – Marksmen has a Joint Operating Agreement with PEP Drilling LLC (“PEP”) of Ohio, to recomplete up to 40 Clinton Sandstone formation wells in Portage County, Ohio.  Under the terms of the agreement Marksmen would pay 100% of the capital costs to earn an 80% working interest until 125% of capital payback is reached (estimated to be approximately six months).  Marksmen has agreed that PEP has the right to participate in paying a share of the capital costs up to 25% and working interests would be adjusted accordingly.The Meredith #1 well is now completed and on production....

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Cardinal Energy Ltd. Announces Extension of Revolving Credit Facility

CALGARY, Alberta, June 29, 2020 (GLOBE NEWSWIRE) — Cardinal Energy Ltd. (“Cardinal” or the “Company“) (TSX: CJ) has received approval to extend the revolving period applicable to the Company’s existing reserves-based credit facility to July 15, 2020. The credit facility continues to be available, on a revolving basis, until that date. In connection therewith, the date for the re-determination of the borrowing base has also been extended to July 15, 2020. The extension of the borrowing base re-determination to July 15, 2020 provides all parties additional time to finalize negotiations and obtain required approvals.About Cardinal Energy Ltd.One of Cardinal’s goals is to continually improve our Environmental, Safety and Governance mandate and operate our assets in a responsible and environmentally sensitive...

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Komet Provides Update on Filing of Q1 2020 Financial Disclosure and Announces Delayed Holding of AGM

MONTREAL, June 29, 2020 (GLOBE NEWSWIRE) — Komet Resources Inc. (“Komet” or the “Corporation”) (TSX-V : KMT) provides an update with respect to filing of its interim financial statements and related MD&A for the three months ended March 31, 2020 (the “Required Q1 Filings“). The Corporation is providing this update in accordance with Decision No 2020-PDG-0023 of the Autorité des marchés financiers (Québec) (the “Exemption“). The Corporation intends to make the Required Q1 Filings on or prior to July 14, 2020.Blackout in Effect for Management and Other InsidersUntil such time as the Required QI Filings are completed, Komet’s management and other insiders are subject to a trading blackout that reflects the principles contained in section 9 of National Policy 11-207 – Failure-to-File Cease Trade Orders and...

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