Painted Pony Announces Extension of Bank Line Review Date

Written by Customer Service on June 30, 2020. Posted in Public Companies.

CALGARY, Alberta, June 30, 2020 (GLOBE NEWSWIRE) — Painted Pony Energy Ltd. (“Painted Pony” or the “Corporation“) (TSX: PONY) today confirms the execution of an agreement with the Corporation’s syndicate of lenders to extend Painted Pony’s annual borrowing base redetermination date from June 30, 2020 to July 31, 2020. This extension affords both Painted Pony and the syndicate of lenders additional time to evaluate current market conditions as well as proposed Federal Government programs initiated through Export Development Canada (“EDC”) and Business Development Bank of Canada. The extension agreement includes an amendment which reduces Painted Pony’s existing syndicated credit facility by 7% or $25 million, from $350 million to $325 million. Painted Pony also has a $22 million unsecured letter of credit...

Hanwei Energy Services Closes Acquisition of Additional Entice Assets

Written by Customer Service on June 30, 2020. Posted in Public Companies.

VANCOUVER, British Columbia, June 30, 2020 (GLOBE NEWSWIRE) — Hanwei Energy Services Corp. (TSX: HE) (“Hanwei” or the “Company”), today announced that it had completed and closed its agreement (as previously disclosed) to acquire certain oil and gas facilities, wells, and rights adjacent to its Entice Lands for a purchase price of $130,000. The assets were purchased out of a receivership proceeding with associated fees of $360,000. The Company also assumed certain obligations related to the acquisition.The Company’s Entice Lands have been shut in as an adjacent gas handling plant accommodating gas production from these wells remains closed. This acquisition of the above mentioned and additional Entice assets was undertaken to allow the Company to place its current wells within its Entice Lands back on production by way of additional...

FLYHT Announces Receipt of Statement of Claim

Written by Customer Service on June 30, 2020. Posted in Public Companies.

CALGARY, Alberta, June 30, 2020 (GLOBE NEWSWIRE) — FLYHT Aerospace Solutions Ltd. (TSX-V: FLY) (OTCQX: FLYLF) (the “Company” or “FLYHT”) has received a statement of claim from Thomas R. Schmutz (former Chief Executive Officer of FLYHT) in the amount of $525,000 CAD in relation to the termination of his employment with the Company (previously announced June 8, 2020). More details will be announced by the Company in due course including further actions from FLYHT in relation to these matters.The matters raised in the lawsuit are considered by the Company to be unfounded and unproven allegations that will be vigorously defended. Although no assurances can be given with respect to the outcome of such proceedings, the Company believes it has valid defenses to this claim and accordingly has not recorded any related liability at this time. About...

Aleafia Health Announces Election of Directors

Written by Customer Service on June 30, 2020. Posted in Public Companies.

TORONTO, June 30, 2020 (GLOBE NEWSWIRE) — Aleafia Health Inc. (the “Company”) (TSX: AH) (OTC: ALEAF) is pleased to announce the results of the vote on the election of directors at its annual and special meeting of shareholders held on June 30, 2020 (the “Meeting”). All six nominees set out in the management information circular of the Company dated May 20, 2020 were elected as directors of the Company to hold office until the next annual meeting of shareholders or until their successors are elected or appointed. The voting results based on the ballots cast are:Shareholders also voted in favour of all resolutions put forth by the Company at the Meeting. Final voting results on all matters will be filed on the Company’s SEDAR profile at www.sedar.com.For Investor & Media RelationsNicholas Bergamini, VP Investor Relations1-833-879-2533IR@AleafiaHealth.comLearn...

Bright Mountain Media Reports First Quarter 2020 Financial Results

Written by Customer Service on June 30, 2020. Posted in Public Companies.

Company Expects Fiscal 2020 Revenues to Increase at Least 214% to at Least $22MCompany to Host Virtual Investor Webinar Tomorrow, Wednesday, July 1st at 11:30 a.m. Eastern TimeBoca Raton, FL, June 30, 2020 (GLOBE NEWSWIRE) — Bright Mountain Media, Inc. (OTCQB: BMTM), an end-to-end digital media and advertising services platform, has provided its financial results for the first quarter ended March 31, 2020.Management Commentary“The first quarter of 2020 built upon our successes in 2019, where we successfully initiated our efforts to launch a fully integrated, end-to-end digital media and advertising services platform,” said Kip Speyer, Chairman and Chief Executive Officer of Bright Mountain Media. “In the quarter, we saw advertisers hesitate in deploying ad dollars due to COVID related uncertainty. Despite these headwinds, Bright...

Trevali Provides Update on Revolving Credit Facility and Strategic Review Process

Written by Customer Service on June 30, 2020. Posted in Public Companies.

VANCOUVER, British Columbia, June 30, 2020 (GLOBE NEWSWIRE) — Trevali Mining Corporation (“Trevali” or the “Company”) (TSX: TV, BVL: TV; OTCQX: TREVF, Frankfurt: 4TI) announced today that it continues to engage with its syndicate of lenders on a solution to short-term financing and liquidity requirements, and has been granted a waiver of compliance with the existing financial covenants until July 31, 2020. No new covenants or modifications have been introduced.The Company continues to advance the strategic review process with its financial advisors to explore financing alternatives to enhance shareholder value. No timeline for its completion has been currently defined.ABOUT TREVALITrevali is a global base-metals mining company, headquartered in Vancouver, Canada. The bulk of Trevali’s revenue is generated from base-metals mining...

Brown & Brown, Inc. Announces 2020 Second-Quarter Earnings Release and Conference Call Dates

Written by Customer Service on June 30, 2020. Posted in Public Companies.

DAYTONA BEACH, Fla., June 30, 2020 (GLOBE NEWSWIRE) — Brown & Brown, Inc. (NYSE:BRO) announces that it will release its 2020 second-quarter earnings on Monday, July 27, 2020, after the close of the market. On Tuesday, July 28, 2020, J. Powell Brown, President and Chief Executive Officer, and R. Andrew Watts, Executive Vice President and Chief Financial Officer of Brown & Brown, Inc., will host an investor update conference call concerning Brown & Brown’s second-quarter 2020 financial results. You are invited to listen to the call, which will be broadcast live on Brown & Brown’s Internet site at 8:00 a.m. EST. Simply log on to www.bbinsurance.com and click on “Investor Relations” and then “Calendar of Events.”If you are unable to listen during the live webcast, audio from the...

Nyrstar: Results of the annual and extraordinary general shareholders’ meetings held on 30 June 2020

Written by Customer Service on June 30, 2020. Posted in Public Companies.

Regulated InformationResults of the annual and extraordinary general shareholders’ meetings held on 30 June 202030 June 2019 at 23.30 CESTNyrstar NV (the “Company”) held its annual general shareholders’ meeting (“AGM”) as well as an extraordinary general shareholders’ meeting (“EGM”) in Antwerp today.The AGM did not have an attendance quorum requirement for the items on the agenda. The shareholders approved all items on the agenda of the AGM.With respect to the EGM, the shareholders rejected the name change of the Company to NYR Holding and approved all of the other items on the agenda.About NyrstarThe Company is incorporated in Belgium and, following completion of the recapitalisation/restructuring has a 2% shareholding in the Nyrstar group. The Company is listed on Euronext Brussels...

Nyrstar: Resultaten van de gewone en buitengewone algemene aandeelhoudersvergadering gehouden op 30 juni 2020

Written by Customer Service on June 30, 2020. Posted in Public Companies.

Gereglementeerde informatieResultaten van de gewone en buitengewone algemene aandeelhoudersvergadering gehouden op 30 juni 202030 juni 2020 om 23u30 CESTNyrstar NV (de “Vennootschap”) heeft haar gewone algemene aandeelhoudersvergadering (“GAV”) alsook een buitengewone algemene aandeelhoudersvergadering (“BAV”) vandaag in Antwerpen gehouden.De GAV vereiste geen aanwezigheidsquorum voor de punten op de agenda. De aandeelhouders keurden alle punten op de agenda van de GAV goed.Wat betreft de BAV, keurden de aandeelhouders de naamswijziging van de Vennootschap naar NYR Holding af en keurden ze alle andere punten op de agenda goed.Over NyrstarDe Vennootschap werd opgericht in België en heeft, na voltooiing van de herkapitalisatie/herstructurering een 2% participatie in de Nyrstar Groep. De Vennootschap is op Euronext Brussels genoteerd onder...

CNOOC and CCL Exercise Set-Off

Written by Customer Service on June 30, 2020. Posted in Public Companies.

Not for distribution to the U.S. news wire services, or dissemination in the United States.HONG KONG, June 30, 2020 (GLOBE NEWSWIRE) — Primeline Energy Holdings Inc. (“Primeline” or the “Company”) announces that it has received notification from CNOOC that CNOOC and China National Offshore Oil Corporation (“CCL”) will set off the amount due to them from Primeline under the award in the arbitration between CNOOC and CCL announced in Primeline’s press release of June 15, 2020 of approximately U.S. $30 million, plus interest, against amounts due to Primeline from sales under Petroleum Contract 25/34. CNOOC and CCL are also setting off another amount which Primeline disputes. Regardless of the dispute, although Petroleum Contract 25/34, which is Primeline’s only source of revenue, will remain in effect for the time being, Primeline...

Month: June 2020

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