Day: June 29, 2020
THIS NEWS RELEASE IS INTENDED FOR DISTRIBUTION IN CANADA ONLY AND IS NOT INTENDED FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATESVANCOUVER, British Columbia, June 29, 2020 (GLOBE NEWSWIRE) — Norseman Capital Ltd. (NEX:NOC.H) (“Norseman” or the “Company”) is pleased to announce a proposed non-brokered private placement financing (the ”Offering”) for gross proceeds of up to $100,000 composed of common shares (“Shares”) in the capital of the Company at a price of CAD$0.05 per Share. Closing of the Offering is expected to occur on or around July 6, 2020.The Company intends to use the net proceeds from the Offering for general corporate and working capital purposes. Completion of the Offering is subject to certain conditions including, but not limited to, the receipt of all necessary...
Irving Resources Announces Closing of Non-Brokered Private Placement with Strategic Investor
Written by Customer Service on . Posted in Public Companies.
VANCOUVER, British Columbia, June 29, 2020 (GLOBE NEWSWIRE) — Irving Resources Inc. (CSE:IRV) (“Irving” or the “Company”) is pleased to announce that it has closed the non-brokered equity private placement with Sumitomo Corporation announced on June 26, 2020. Gross proceeds of US$2,500,000 (approximately C$3,517,000) were raised by the issuance of 1,279,093 common shares of the Company.The common shares issued under this private placement will be subject to a four-month hold period and may not be traded in Canada until October 30, 2020 except in accordance with applicable securities laws.About Irving Resources Inc.: Irving is a junior exploration company with a focus on gold in Japan. Irving also holds, through a subsidiary, a Project Venture Agreement...
QYOU Media to Complete $1.8 Million Private Placement
Written by Customer Service on . Posted in Public Companies.
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATESTORONTO and LOS ANGELES, June 29, 2020 (GLOBE NEWSWIRE) — QYOU Media Inc. (TSXV: QYOU; OTCQB: QYOUF) (the “Company”) is pleased to announce today that it expects to issue approximately 60,000,000 units of the Company (the “Units”) at a price of $0.03 per Unit, for gross proceeds of approximately $1,800,000. The Company may elect to close on a higher or lower number of Units.Each Unit will be comprised of one common share in the capital of the Company and one-half of one common share purchase warrant, with each whole warrant exercisable at $0.05 per share until June 30, 2022.It is anticipated that the closing of the offering will occur on or about July 10, 2020.In connection with the offering, the Company may compensate certain persons in...
RAMM Pharma announces its quarter financial results for Q2 2020
Written by Customer Service on . Posted in Public Companies.
TORONTO, June 29, 2020 (GLOBE NEWSWIRE) — RAMM Pharma Corp. (including its wholly owned subsidiaries, the “Company” or “RAMM”) (CSE: RAMM), a leader in plant-derived cannabinoid pharmaceutical products and medical product business, is pleased to announce second quarter financial results for the three and six months ended April 30, 2020. The interim consolidated financial statements and management’s discussion and analysis for the period will be available on SEDAR and on www.rammpharma.com.“We have had a respectable quarter considering the circumstances. Sales of our Pharma products have been negatively impacted by the closure of the borders with our neighbours to the north and south, Brazil and Argentina, however sales of our sanitary and medical device products saw increased sales as hospitals, clinics and pharmacies...
Century Provides Information on WISCO ADI’s Notification
Written by Customer Service on . Posted in Public Companies.
THIS NEWS RELEASE IS NOT FOR DISTRIBUTION IN THE UNITED STATES OR TO U.S. NEWS AGENCIESTORONTO, June 29, 2020 (GLOBE NEWSWIRE) — Century Global Commodities Corporation (“Century” or the “Company”) today announced that it has been advised by WISCO Canada ADI Resources Development & Investment Limited (“WISCO ADI”) that WISCO ADI has initiated a process to list its joint venture interests in Labec Century Iron Ore Inc. in respect of the Attikamagen Iron Ore Project located in Quebec and Sunny Lake Joint Venture together with related rights and obligations and debts (together the “Joint Venture Interests”) on the Shanghai United Assets and Equity Exchanges with a view of seeking potential purchaser for such Joint Venture Interests. Any sale of Joint Venture Interests will be subject to consent of the Company and its subsidiaries...
Altus Midstream Announces One-for-Twenty Reverse Stock Split
Written by Customer Service on . Posted in Public Companies.
HOUSTON, June 29, 2020 (GLOBE NEWSWIRE) — Altus Midstream Company (“Altus”) (Nasdaq: ALTM) today announced that effective at 5:30 p.m. Eastern time on June 30, 2020, the company will affect a 1-for-20 reverse stock split of its outstanding common stock. The Altus Board of Directors authorized the reverse stock split, following shareholder approval of the action at the company’s annual meeting on May 21, 2020.Upon the effectiveness of the reverse stock split, each of the company’s shareholders will receive one new share of Altus common stock for every 20 shares of Altus common stock held prior to that date, with no changes in par value per share. Altus will pay cash (without interest) in lieu of any fractional shares to which a shareholder would otherwise be entitled as a result of the reverse stock split.The company’s Class A common...
Serengeti Announces filing of Annual Financial Statements
Written by Customer Service on . Posted in Public Companies.
VANCOUVER, British Columbia, June 29, 2020 (GLOBE NEWSWIRE) — Serengeti Resources Inc. (SIR: TSX-V) (“Serengeti” or “the Company”) announces the Company’s audited financial statements and Management Discussion & Analysis for the year ended February 29, 2020 have now been filed and can be accessed for review on SEDAR (www.sedar.com). Further to the Company’s news release of June 15, 2020, the Company has now received TSX Venture Exchange acceptance and issued 272,104 common shares (“Shares”) in the capital of the Company at a deemed price of $0.19 per Share in settlement of $51,700 of debt owing to certain creditors who are at arm’s length. The Shares issued by the Company are subject to a statutory hold period which expires October 25, 2020.Additionally, the Company announces it has made the decision...
Sportsman’s Warehouse Hosts Chattanooga Ducks Unlimited Great Outdoors Festival
Written by Customer Service on . Posted in Public Companies.
CHATANOOGA, Tenn., June 29, 2020 (GLOBE NEWSWIRE) — Sportsman’s Warehouse Holdings, Inc. (Nasdaq: SPWH), www.sportsmans.com, is sponsoring the Ducks Unlimited Great Outdoors Festival on July 11, 2020 from 9:00 a.m. – 3:00 p.m. as part of their ongoing support for local conservation groups including the National Wild Turkey Federation, Safari Club International, Rocky Mountain Elk Foundation, Friends of the NRA, and local Wild Game Dinners. The event takes place at the Sportsman’s Warehouse Outside Pavilion (east side of the building), at the corner of HWY 153 and LEE HWY.“We have all of the appropriate health guidelines in place and hope to see many people in the local community attend this fun and safe event that supports the Greenwings and Ducks Unlimited Varsity youth in Chattanooga,” states Sportsman’s Warehouse Store Manager,...
Ocean Power Technologies Announces Fourth Quarter and Full Year Fiscal 2020 Results
Written by Customer Service on . Posted in Earnings Releases And Operating Results.
Revenue Increase Over Prior Year, PowerBuoy® Sale and Lease Extension Highlight Fiscal YearInvestor Conference Call and Webcast on June 30, 2020 at 11:00 A.M. ETMONROE TOWNSHIP, N.J., June 29, 2020 (GLOBE NEWSWIRE) — Ocean Power Technologies, Inc. (“OPT” or “the Company”) (NASDAQ: OPTT), a leader in innovative and cost-effective ocean energy solutions, today announced financial results for the fourth quarter and full fiscal year 2020 ended April 30, 2020.FY2020 Revenue GenerationFiscal year 2020 revenues grew to $1.7 million versus $0.6 million in prior year.FY2020 and Recent Operational HighlightsSale of a PB3 PowerBuoy® and turn-key ocean monitoring system to Enel Green Power to be deployed off the Chilean coast.North Sea deployment for Premier Oil.PB3 deployment in the Adriatic Sea for Eni extended for additional 18 months. The...
Host Hotels & Resorts Successfully Amends $2.5 Billion Credit Agreement to Enhance Flexibility and Preserve Liquidity and Updates Investor Presentation
Written by Customer Service on . Posted in Public Companies.
BETHESDA, Md., June 29, 2020 (GLOBE NEWSWIRE) — Host Hotels & Resorts, Inc. (NYSE: HST), the nation’s largest lodging real estate investment trust (the “Company”), announced today that it successfully amended the credit agreement governing its $1.5 billion fully drawn revolving credit facility and two $500 million term loans.James F. Risoleo, President and Chief Executive Officer, said, “We obtained favorable waiver terms from our supportive bank group due to the Company’s superior balance sheet and liquidity position as well as our disciplined capital allocation track record. We greatly appreciate the strong, longstanding partnership demonstrated by our banks and are pleased to have amended our revolving and term loan credit facilities in a manner that preserves our liquidity to withstand prolonged business...