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Month: June 2020

Triumph Bancorp Announces Pricing of Offering of Series C Preferred Stock Depositary Shares

DALLAS, June 16, 2020 (GLOBE NEWSWIRE) — Triumph Bancorp, Inc. (Nasdaq: TBK) (“the Company”) announced the pricing of its underwritten public offering (the “Offering”) of 1,800,000 depositary shares, each of which represents a 1/40th interest in a share of its 7.125% Series C Fixed-Rate Non-Cumulative Perpetual Preferred Stock, $1,000 liquidation preference per share (equivalent to $25.00 per depositary share), for gross proceeds of $45.0 million. Net proceeds to the Company, after deducting the underwriting discount but before deducting estimated offering expenses and fees payable by the Company, are expected to be $43.6 million. The Company has granted the underwriters an option, exercisable in whole or in part for 30 days, to purchase up to an additional 270,000 depositary shares at the public offering price, less the underwriting...

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Venus Concept Inc. Announces Common Stock Purchase Agreement for up to $31 Million with Lincoln Park Capital Fund, LLC

TORONTO, June 16, 2020 (GLOBE NEWSWIRE) — Venus Concept Inc. (“Venus Concept” or the “Company”) (NASDAQ: VERO), a global medical aesthetic technology leader, today announced that it has entered into a common stock purchase agreement for up to $31 million with Lincoln Park Capital Fund, LLC (“Lincoln Park”), a Chicago-based institutional investor. Upon execution of the purchase agreement, Lincoln Park made an initial purchase of $1.0 million of common stock.Under the terms of the purchase agreement, the Company will have the right, in its sole discretion, to sell shares of its common stock to Lincoln Park over the 24-month term of the purchase agreement. Any common stock sold to Lincoln Park will occur at a purchase price that is based on the prevailing prices of the common stock at the time of each sale. The Company will control...

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Calibre Mining Announces Voting Results from Annual General and Special Shareholder Meeting

VANCOUVER, British Columbia, June 16, 2020 (GLOBE NEWSWIRE) — Calibre Mining Corp. (“Calibre” or the “Company”)(TSX: CXB, OTCQX: CXBMF) is pleased to announce that all matters submitted to shareholders for approval as set out in detail in the Company’s Management Information Circular dated May 8, 2020 (the “Circular”), were approved by the requisite majority of votes cast at its Annual General and Special Meeting (“AGSM”) held in Vancouver, British Columbia. A total of 229,787,825 common shares of Calibre were represented by shareholders in person or by proxy at the AGSM, representing 70.05% of the Company’s issued and outstanding common shares as at the record date of May 8, 2020.Specifically, shareholders voted to approve:Election of the Board of Directors;Re-appointment of PricewaterhouseCoopers LLP as the Company’s external...

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Magnetic North Acquisition Corp. Announces Final Closing of Non-Brokered Private Placement

**Not for distribution to United States Newswire Services or release publication, distribution or dissemination, directly or indirectly, in the United States.  Any failure to comply with this restriction may constitute a violation of U.S. Securities Laws**CALGARY, Alberta and TORONTO, June 16, 2020 (GLOBE NEWSWIRE) — Magnetic North Acquisition Corp. (TSXV: MNC) (“Magnetic North” or the “Company”) is pleased to announce it has completed the final closing of the Company’s non-brokered private placement (the “Financing”) of Series A Preferred Shares for gross proceeds of up to $4,000,000.Due to requirements from the regulatory authorities, the Company was required to close the Financing prior to receiving documentation from all interested investors.  Magnetic North is contemplating the best course of action in order to complete the increased...

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New Era Announces Name Change

BEIJING, China, June 16, 2020 (GLOBE NEWSWIRE) — New Era Minerals Inc. (TSXV: NEM; “New Era” or the “Company”) announced today that, further to the Company’s press release dated June 5, 2020, it has changed its name to “Hylands International Holdings Inc.”. The common shares of the Company will commence trading under the new name, new stock symbol “HIH” and new ISIN: CA44909A1075 and CUSIP: 44909A107 numbers on the TSX Venture Exchange at the opening of trading on Friday, June 19, 2020. Common share certificates bearing the old Company name, “New Era Minerals Inc.”, continue to be valid in settlement of trades in common shares and will only be replaced with certificates bearing the new name against transfer. The Company is not requesting and shareholders are not required to exchange their existing common share certificates for new...

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FSC Holdings, Inc. and Companies to Sell Excess Inventory Across 20 Categories through Liquidity Services Online Marketplace, AllSurplus

BETHESDA, Md., June 16, 2020 (GLOBE NEWSWIRE) — FSC Holdings, Inc. (“FSC Holdings”), along with certain direct and indirect subsidiaries¹ and Liquidity Services (NASDAQ: LQDT) have partnered to sell excess Inventory across 20 separate categories through a Featured online auction. These categories include Electrical Parts, Cutting Tools, Automotive Parts, Hand Tools, and Power Tools, to name a few. All items are currently up for auction on AllSurplus, Liquidity Services’ newest online auction marketplace for business surplus.Fairmont Supply Company (“Fairmont Supply”), a wholly-owned subsidiary of FSC Holdings, is a recognized leader in materials management and is one of the largest full-line distributors of industrial maintenance, repair, and operation (MRO) supplies in the United States. Fairmont Supply was historically recognized...

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BNB Bank Participates in the Federal Home Loan Bank of New York (FHLBNY) Small Business Recovery Grant Program

BRIDGEHAMPTON, N.Y., June 16, 2020 (GLOBE NEWSWIRE) — BNB Bank (“BNB”), the subsidiary of Bridge Bancorp, Inc. (the “Company”) (NASDAQ®: BDGE) distributed the first $50,000 in Federal Home Loan Bank of New York (“FHLBNY”) Small Business Recovery Grants to local non-profits.The recovery program will widely distribute $5 million in grants to provide working capital to affected businesses in New York. Under this program, BNB will make a total of $100,000 in grants to non-profits that were adversely impacted by the novel coronavirus pandemic on Long Island and New York City. BNB will award grants of up to $10,000 to each of the qualifying organizations that have seen significant revenue losses during this time.“The Covid-19 crisis has hit local businesses hard and we’ve been doing whatever it takes to help see them through.  We proudly...

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Reminder to Shareholders of WOW Unlimited Media Inc. of Virtual Annual General and Special Meeting June 24, 2020

VANCOUVER, British Columbia, June 16, 2020 (GLOBE NEWSWIRE) — WOW! Unlimited Media Inc. (“WOW” or the “Company”) (TSX-V: WOW / OTCQX: WOWMF) is pleased to remind its shareholders (the “Shareholders”) that its annual general and special meeting (the “Meeting”) of Shareholders will be held on Wednesday June 24, 2020 at 10:00 a.m. (Toronto time). Due to the public health impact of the coronavirus outbreak (COVID-19) and in consideration of the health and safety of the Shareholders, employees and the broader community, the Meeting will be held in a virtual only format, by way of a live teleconference, instead of in person.  Shareholders are cordially invited to participate in the teleconference Meeting. Registered Shareholders and duly appointed proxyholders can attend the Meeting by joining the live teleconference by dialing in: 877-407-2991...

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Farmers & Merchants Bancorp, Inc. Declares 2020 Second-Quarter Cash Dividend

ARCHBOLD, Ohio, June 16, 2020 (GLOBE NEWSWIRE) — The Board of Directors of Farmers & Merchants Bancorp, Inc., (Nasdaq: FMAO) the holding company of The Farmers & Merchants State Bank, with assets of $1.7 billion at March 31, 2020, today announced that it has approved the Company’s quarterly cash dividend of $0.16 per share. The second quarter dividend is payable on July 20, 2020, to shareholders of record as of June 29, 2020. About Farmers & Merchants Bancorp, Inc.: Farmers & Merchants Bancorp, Inc. (“F&M”) (Nasdaq: FMAO), is the holding company for the Farmers & Merchants State Bank, a local independent community bank with $1.7 billion in assets that has been serving Northwest Ohio and Northeast Indiana since 1897. The Farmers & Merchants State Bank provides commercial banking, retail banking...

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Brookfield Global Infrastructure Securities Income Fund Announces Quarterly Distribution

TORONTO, June 16, 2020 (GLOBE NEWSWIRE) — Brookfield Global Infrastructure Securities Income Fund (the “Fund”) (TSX: BGI.UN) today announced a distribution of C$0.15 per unit for the quarter ending June 30, 2020. The distribution will be paid on or before July 15, 2020 to holders of record on June 30, 2020.Eligible holders of the Units (“Unitholders”) may participate in the Fund’s Dividend Reinvestment Plan (“DRIP”), where they may elect to automatically reinvest their dividends in additional Units. Details of the DRIP are available on the Fund’s website at https://publicsecurities.brookfield.com/. Unitholders who wish to participate in the DRIP should contact their investment advisor for further information and to enroll.Brookfield Public Securities Group LLC (“PSG”) is registered as investment fund manager in Ontario, Quebec and...

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