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Month: June 2020

Eastern Zinc Announces Intention to Change Name and Stock Ticker Symbol

VANCOUVER, British Columbia, June 16, 2020 (GLOBE NEWSWIRE) — Eastern Zinc Corp. (“Eastern Zinc” or the “Company”) (CSE:EZNC | OTC:ETZCF) is pleased to announce that its board of directors has approved a corporate name change to “Major Precious Metals Corp.” and has reserved the new ticker symbol “SIZE”.The proposed Company name and stock trading symbol changes are subject to approval from the Canadian Securities Exchange (CSE) and receipt of new CUSIP and ISIN numbers. The Company will update the market of the effective date of the name and ticker symbol change once available.The Company believes that the name and ticker symbol change better reflects the Company’s diversified portfolio of exploration properties. The Company’s objectives continue to be the acquisition, exploration and development of natural resource...

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Zomedica Appoints New Interim CEO to Lead Organization Through Inaugural Product Launch

ANN ARBOR, Mich., June 16, 2020 (GLOBE NEWSWIRE) — Zomedica Pharmaceuticals Corp. (“Zomedica” or the “Company”) (NYSE American: ZOM), a veterinary diagnostic company, announced that it has appointed Robert Cohen, formerly of EmboMedics, Inc., as its Interim Chief Executive Officer, effective immediately.Mr. Cohen brings to Zomedica more than 15 years executive leadership and operations experience from the medical device market, and biotechnology and pharmaceutical industries. Mr. Cohen graduated from Bates College, received an M.B.A. Pfizer/Columbia University Graduate School of Business and has a J.D. from the University of Maine School of Law. The Board of Directors hired Mr. Cohen in part because of his successful track record in launching medical devices in the biotech space.  Mr. Cohen will be responsible for driving the completion...

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NBT Bancorp Inc. Announces Pricing of Subordinated Notes Offering

NORWICH, N.Y., June 16, 2020 (GLOBE NEWSWIRE) — NBT Bancorp Inc. (“NBT” or the “Company”) (NASDAQ: NBTB), the holding company for NBT Bank, N.A. (the “Bank”), today announced the pricing of its public offering of $100 million aggregate principal amount of 5.000% Fixed-to-Floating Rate Subordinated Notes due 2030 (the “Notes”). The price to the public for the Notes was 100% of the principal amount of the Notes. Interest on the Notes will accrue at a rate equal to (i) 5.000% per annum from the original issue date to, but excluding, July 1, 2025, payable semiannually in arrears, and (ii) a floating rate per annum equal to a benchmark rate, which is expected to be Three-Month Term SOFR (as defined in the Notes), plus a spread of 485 basis points from, and including, July 1, 2025, payable quarterly in arrears. The Notes are intended to...

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Delta 9 Enters Partnership Agreement with Manitoba Hotel Association

WINNIPEG, Manitoba, June 16, 2020 (GLOBE NEWSWIRE) — DELTA 9 CANNABIS INC. (TSX: DN) (OTCQX: VRNDF) (“Delta 9” or the “Company”), is pleased to announce that it has entered into a partnership agreement with the Manitoba Hotel Association (“MHA”) to be their exclusive cannabis partner.  “As one of Canada’s few vertically integrated cannabis producers, Delta 9 is proud to be partnering with the MHA. The MHA membership includes the majority of hotels in Manitoba and has one of the highest membership rates among hotel associations in North America,” said John Arbuthnot, CEO of Delta 9. “We look forward to the opportunity to work with MHA members in helping them become established cannabis retailers and to distribute locally produced Delta 9 branded cannabis products throughout Manitoba hotels.”This opportunity provides Delta 9 access...

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WMG Acquisition Corp. Announces Pricing of $535 Million Offering of Senior Secured Notes

NEW YORK, June 16, 2020 (GLOBE NEWSWIRE) — Warner Music Group Corp. (“Warner Music Group” or “WMG”) announced today that its wholly-owned subsidiary, WMG Acquisition Corp. (the “Company”), has priced $535,000,000 aggregate principal amount of 3.875% senior secured notes due 2030 (the “Notes”). The offering is expected to close on June 29, 2020, subject to customary closing conditions.The Company intends to use the net proceeds of the offering, together with the net proceeds from the potential offering of euro-denominated notes and cash on hand, to fund (i) the purchase price of any and all of the Company’s outstanding 5.000% senior secured notes due 2023 tendered and accepted by the Company in its previously announced tender offer and consent solicitation that commenced on June 16, 2020, (ii) the conditional redemption of any remaining...

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Pretivm Files Final Base Shelf Prospectus

VANCOUVER, British Columbia, June 16, 2020 (GLOBE NEWSWIRE) — Pretium Resources Inc. (TSX/NYSE: PVG) (“Pretivm” or the “Company”) announces that it has filed a final short form base shelf prospectus with the securities commissions in each of the provinces and territories of Canada, and a corresponding shelf registration statement on Form F-10 with the U.S. Securities and Exchange Commission under the U.S. Securities Act of 1933, as amended.The base shelf prospectus, together with the corresponding shelf registration statement on Form F-10, will allow Pretivm to offer up to US$600,000,000 of common shares, debt securities, warrants, units, subscription receipts and share purchase contracts from time to time over the 25-month period after Canadian securities regulatory authorities have issued a receipt for the final short form base...

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Middlesex Water CEO to Participate in Baird Virtual Food, Fuel and Water Symposium on June 17

ISELIN, N.J., June 16, 2020 (GLOBE NEWSWIRE) — Middlesex Water Company (NASDAQ: MSEX), has announced that its Chairman, President and CEO Dennis Doll will be participating in the Baird Food, Fuel and Water Symposium on June 17 at 8 a.m. EDT.  Mr. Doll will provide a company overview and participate in a fireside chat with Baird Sr. Research Analyst, Ben Kallo, CFA and Baird Research Associate David Katter discussing the company and the water industry. A replay of the webcast will be available following the symposium on Middlesex Water’s website www.middlesexwater.com under Investors at the News & Events/Presentations Tab.About Middlesex Water CompanyOrganized in 1897, Middlesex Water provides regulated and unregulated water and wastewater utility services primarily in New Jersey and Delaware through various subsidiary companies. Media...

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Home Bancshares, Inc. Announces Second Quarter Earnings Release Date and Conference Call

CONWAY, Ark., June 16, 2020 (GLOBE NEWSWIRE) — Home BancShares, Inc. (NASDAQ-GS: HOMB), parent company of Centennial Bank, today announced it expects to release Second Quarter 2020 earnings before the market opens on July 16, 2020. Following this release, management will conduct a conference call to review these earnings at 1:00 p.m. CT (2:00 ET) on Thursday, July 16, 2020.We encourage all participants to pre-register for the conference call using the following link: http://dpregister.com/10145186. Callers who pre-register will be given dial-in instructions and a unique PIN to gain immediate access to the live call. Participants may pre-register now, or at any time prior to the call, and will immediately receive simple instructions via email. The Home BancShares conference call will also be automatically scheduled as an event in...

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Paleo Completes Acquisition of Oil and Gas Fintech Platform, EF Resources, Inc. and Announces Changes to the Board and Management

CALGARY, Alberta, June 16, 2020 (GLOBE NEWSWIRE) — Paleo Resources, Inc. (“Paleo” or the “Corporation”) (TSX-V: PRE, OTCQB: PRIEF) announced today that, further to its news release dated December 23, 2019, it has completed the acquisition (the “Acquisition”) of EF Resources, Inc. (“EFR”), the owner of the EnergyFunders financial technology platform, subject to final approval of the TSX Venture Exchange. The Acquisition was completed pursuant to the terms of a merger agreement, whereby EFR merged with a US subsidiary of Paleo. Pursuant to the Acquisition, Paleo authorized the issuance of an aggregate of 86,547,774 common shares of Paleo to the former shareholders of EFR, representing 25% of the total issued and outstanding common shares of Paleo on a fully diluted basis, of which 77,892,997 shares have been issued and 8,654,777 shares...

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DraftKings Announces Proposed Public Offering of Class A Common Stock

BOSTON, June 16, 2020 (GLOBE NEWSWIRE) — DraftKings Inc. (Nasdaq: DKNG) (“DraftKings”) announced today that it has commenced an underwritten public offering of 33 million shares of its Class A common stock, consisting of 14 million shares offered by DraftKings and 19 million shares offered by certain selling stockholders of DraftKings. The selling stockholders intend to grant the underwriters a 30-day option to purchase up to an additional 4.95 million shares of Class A common stock. DraftKings will not receive any proceeds from the sale of Class A common stock offered by the selling stockholders. The offering is subject to market and other conditions, and there can be no assurance as to whether or when the offering may be completed.DraftKings intends to use the net proceeds it receives from the offering for general corporate purposes.Goldman...

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