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Month: June 2020

Volta Finance Limited : Dividend Declaration (Replacement)

Volta Finance Limited (VTA/VTAS)Dividend Declaration (Replacement)NOT FOR RELEASE, DISTRIBUTION OR PUBLICATION,IN WHOLE OR IN PART, IN OR INTO THE UNITED STATESGuernsey 30 June 2020The following amendment has been made to the Dividend Declaration announcement released on 26 June 2020 at 07:00:00hrs (BST). In paragraph 2, the ex-date has been changed from 2 July 2020 to 9 July 2020, and the record date has been changed from 3 July 2020 to 10 July 2020. In the final paragraph, due to the above changes, the currency election date has been changed from 6 July 2020 to 13 July 2020. Please note the payment date remains as 29 July 2020 and all other details remain unchanged.The full amended text is shown below.Volta Finance Limited (“the Company”) hereby announces a second interim dividend for the financial year commencing 1 August...

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Regarding postponement of publication of audited consolidated and separate financial statements of AB Grigeo for the year 2019 and of the convening of the Ordinary Annual General Meeting of Shareholders

AB Grigeo (hereinafter – the Company) hereby informs that the audit process of the annual financial statements of the Company and AB “Grigeo Klaipėda” has not yet been completed. Therefore, the Company will not be able to publish the Company’s audited financial statements for the year 2019 on 1 July 2020 as disclosed in the Company’s notice published on 7 April, 2020.The audit company KPMG Baltics, UAB has not completed yet the audit of the annual financial statements of the Company and AB Grigeo Klaipėda for the year 2019 due to requirements for auditor to perform additional work related to allegedly improper wastewater treatment by AB Grigeo Klaipėda.The Company’s audited set of consolidated and separate financial statements for the year 2019 and the auditor’s report shall be published and decision regarding convention...

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Maya Gold & Silver Reports First Quarter 2020 Financial Results

MONTREAL, June 30, 2020 (GLOBE NEWSWIRE) — Maya Gold & Silver Inc. (“Maya” or the “Company”) (TSX: MYA) is pleased to announce the interim financial results for the first quarter ended March 31, 2020. All amounts are in US dollars unless otherwise stated.Three-Months Ended March 31, 2020 – Financial Highlights:Silver ingot production was 67,005 oz in Q1/2020, compared with 109,084 oz in Q1/2019. The reduction in silver production was due to the flotation plant being shut down for the month of January and poor recovery at the cyanidation plant.Silver sales were 21,110 oz in Q1/2020, compared with 100,544 oz in Q1/2019. There were no sales of silver concentrate in the quarter.Ore processed was 20,976 t in Q1/2020, compared with 28,239 in Q1/2019.Feed ore grade to the mill was 223.1 g/t in Q1/2020, compared with 219.8 g/t in Q1/2019.Cost...

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Ventura Cannabis (VCAN) Posts Audited Financial Statements; Highlights Cannabis Market Position in California and Oregon

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. ALL FIGURES IN CANADIAN DOLLARS UNLESS OTHERWISE SPECIFIED.LOS ANGELES, June 30, 2020 (GLOBE NEWSWIRE) — Ventura Cannabis and Wellness Corp. (CSE:VCAN) (“Ventura Cannabis”, “VCAN”, or the “Company”) today posted its audited financial statements and accompanying management discussion & analysis for the year ending February 29, 2020. The financial statements and accompanying documentation are available at www.sedar.com.In addition to the release of financial statements, the Company provided highlights of its cannabis assets:In California:Ventura holds a Type 6 manufacturing cannabis license for adult and medical use located in the San Francisco Bay Area with an open plan 700 square foot facility.It holds a state-wide Type 11 distribution...

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Castor Maritime Inc. Announces Vessel Acquisition

LIMASSOL, Cyprus, June 30, 2020 (GLOBE NEWSWIRE) — Castor Maritime Inc. (NASDAQ: CTRM), (“Castor” or the “Company”), a global shipping company specializing in the ownership of dry bulk vessels, announced that it entered today, through a separate wholly-owned subsidiary, into an agreement to purchase a 2007 Chinese-built Panamax dry bulk carrier for a purchase price of $7.85 million from an unaffiliated third party seller.The acquisition is expected to be consummated by taking delivery of the vessel by the end of August 2020 and is subject to the satisfaction of certain customary closing conditions.Petros Panagiotidis, Chairman, Chief Executive Officer and Chief Financial Officer of Castor, commented:“We are pleased that we have been able, in a very prompt manner, to put some of the recently raised capital to use by agreeing to the...

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Iterum Therapeutics Announces $5 Million Registered Direct Offering Priced At-the-Market under Nasdaq Rules

DUBLIN, Ireland and CHICAGO, June 30, 2020 (GLOBE NEWSWIRE) — Iterum Therapeutics plc (Nasdaq: ITRM), a clinical-stage pharmaceutical company focused on developing next generation oral antibiotics to treat infections caused by multi-drug resistant pathogens in community settings, today announced that it has entered into definitive agreements with institutional investors for the purchase and sale of 3,372,686 of its ordinary shares at a purchase price of $1.4825 per ordinary share in a registered direct offering priced at-the-market under Nasdaq rules. The Company also agreed to issue to the investors unregistered warrants to purchase up to 1,686,343 ordinary shares in a concurrent private placement. The warrants have an exercise price of $1.42 per share, are exercisable immediately, and will expire five and one-half years following...

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Kirkland Lake Gold Issues Statement on Annual General Meeting

TORONTO, June 30, 2020 (GLOBE NEWSWIRE) — Kirkland Lake Gold Ltd. (“Kirkland Lake Gold” or the “Company”) (TSX:KL) (NYSE:KL) (ASX:KLA) today announced that the Company was advised yesterday evening, June 29, 2020, of a positive COVID-19 test result for someone working at Royal Bank Plaza, the location of the Company’s corporate office. The person testing positive is not an employee of the Company, but works in the building and has been onsite within the last week. As a result of the positive test, the Company’s Annual General Meeting, to be held today, June 30, 2020, in the Company’s corporate office at 4:30 pm ET, will be held entirely through a conference call and webcast, with no “in person” attendance. Details of the conference call and webcast are provided below. Recognizing the important opportunity that an annual meeting...

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Survey Signals Renewed Emphasis on Home Improvement as Homeowners Take on More Home Projects

DENVER, June 30, 2020 (GLOBE NEWSWIRE) — Today, ANGI Homeservices (NASDAQ: ANGI), a leading digital marketplace connecting millions of homeowners with home service professionals across the globe, released a new survey that found home services remain a priority this year as homeowners continue to hire pros, plan to use stimulus money for home projects and take on more Do-It-Yourself (DIY) projects.  Of those surveyed, nearly 40% indicated they plan on using some of their federal stimulus funds for home projects. This likelihood increases by nearly 10% among respondents under age 44.The survey of 1,000 U.S homeowners fielded May 20-21st by Pollfish, found that 92% of homeowners who typically hire home service pros plan to hire a pro this year. Homeowners surveyed indicated they have or are likely to hire plumbers (53%), electricians...

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HRC World PLC : Unaudited Preliminary Consolidated Results for year ended 31 March 2020

HRC WORLD PLCNASDAQ FIRST NORTH, COPENHAGENTICKER: HRCISIN: GB00BZ3CDY2030 JUNE 2020Unaudited Preliminary Consolidated Results for year ended 31 March 2020The Board of Directors of HRC World Plc (the “Company”), are pleased to announce that the Company has approved its Unaudited Preliminary Consolidated Results for the financial year ended 31 March 2020.The Company did not record any revenue for the period. Operational overheads resulted in the loss before tax from continuing operation of US$690,000 (2019: loss of US$443,000). Loss per share for the year was US$ 0.46 per share and 150,000,000 shares were outstanding at the close of the financial year ended 31 March 2020. The Company’s consolidated net assets remained positive as at 31 March 2020. In February 2020, the Company acquired 45% equity participation in a Malaysian home-grown executive...

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Acuity Brands Reports Fiscal 2020 Third Quarter Results

ATLANTA, June 30, 2020 (GLOBE NEWSWIRE) — Acuity Brands, Inc. (NYSE: AYI) (“Company”) today announced results for the third quarter ended on May 31, 2020. Third quarter net sales were $776 million, a decrease of 18.1% compared with the prior-year period. Gross profit margin of 42.2% increased 170 basis points compared with the prior-year period. Operating profit margin of 10.7% decreased 200 basis points and adjusted operating profit margin of 13.5% decreased 80 basis points compared with the prior-year period. Diluted earnings per share (EPS) of $1.52 decreased by 31.5% and adjusted diluted EPS of $1.94 decreased by 23.3% compared with the prior-year period. For the nine months ended May 31, 2020, cash generated from operations of $378 million increased $66 million, or 21.3%, compared with the prior-year period.Neil Ashe, President...

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