Month: June 2020

OTTAWA, June 11, 2020 (GLOBE NEWSWIRE) — HEXO Corp. (“HEXO”, or the “Company”) (TSX: HEXO; NYSE: HEXO) today announced an initial closing of its previously announced early conversion option (the “Early Conversion Option”) in respect of $29.86 million aggregate principal amount of its outstanding $70 million aggregate principal amount of 8% unsecured convertible debentures maturing December 5, 2022 (the “Debentures”). Under the initial closing, $23.595 million aggregate principal amount of Debentures was converted into ‎29,493,750 units of the Company (the “Conversion Units”) at a price of $0.80 per Conversion Unit.Each Conversion Unit consisted of one common ‎share of the Company (a “Conversion Share”) and one-half of one common share purchase warrant of the ‎Company ‎‎(each whole warrant, a “Conversion Warrant”). Each Conversion...

OTTAWA, 11 juin 2020 (GLOBE NEWSWIRE) — HEXO Corp (« HEXO », ou la « Société ») (TSX : HEXO ; NYSE : HEXO) a annoncé aujourd’hui la clôture de la première tranche de l’option de conversion anticipée précédemment annoncée (l’ « option de conversion anticipée ») portant sur un montant de 29,86 millions de dollars de capital total des débentures convertibles non garanties à 8 % en circulation, d’un montant total de 70 millions de dollars, venant à échéance le 5 décembre 2022 (les « débentures »). Lors de la clôture de la première tranche, 23 595 000 $ de capital total des débentures ont été convertis en 29 493 750 unités de la Société (les « unités de conversion ») au prix de 0,80 $ par unité de conversion.Chaque Unité de Conversion était composée d’une action ordinaire de la Société (une « action de conversion »)...

250% increase of Net Income before non-cash items50% special dividend increase to 7.5 cents totalEfficient anti-Covid safety measures for onshore and at-sea personnelHealthy fundamentals indicate to a strong market for remainder of 2020ATHENS, Greece, June 11, 2020 (GLOBE NEWSWIRE) — TEN, Ltd (TEN) (NYSE: TNP) (the “Company”) today reported results (unaudited) for the quarter ended March 31, 2020.Q1 2020 Summary ResultsGross revenues for the first quarter of 2020 came at approximately $180 million, $32 million higher than in the 2019 first quarter.Operating income doubled to $54.7 million from $27.8 million in the 2019 first quarter.Net income, exclusive of a non-cash bunker hedge effect, increased 250% to $39.3 million, and to a solid $21.2 million after taking into account the impact of non-cash items. Earnings per share, after...

MONTREAL, June 11, 2020 (GLOBE NEWSWIRE) — Geomega Resources Inc. (“Geomega” or the “Corporation”) (TSX:V.GMA) (OTC: GOMRF), a rare earth clean technologies developer for mining and recycling, is very pleased to announce that Geomega’s patent application US15/578,498 titled, “A system and a method for metallurgical extraction of rare earth elements and niobium,” has been approved for granting by the United States Patent and Trademark Office. “The grant of this patent acknowledges that our unique process has been recognized and protected.” said Kiril Mugerman, President & CEO of Geomega. “The Montviel metallurgy research executed in 2014 and 2015 (See news releases from April 29, 2015 and May 20, 2015) led to these patents, and set the framework for how Geomega operates today committed to lowering the environmental footprint...

MONTRÉAL, 11 juin 2020 (GLOBE NEWSWIRE) — Ressources Géoméga Inc. («Géoméga» ou la «Société») (TSX: V.GMA) (OTC: GOMRF), développeur de technologies propres pour l’extraction et le recyclage de terres rares, est très heureuse d’annoncer que la demande de brevet US15 / 578 498 de Géoméga intitulée «Un système et une méthode pour l’extraction métallurgique des éléments des terres rares et du niobium», a été approuvée pour octroi par le United States Patent and Trademark Office.« La délivrance de ce brevet montre que notre procédé unique a été reconnu et protégé. » a déclaré Kiril Mugerman, président et chef de la direction de Géoméga. « La recherche métallurgique sur Montviel réalisée en 2014 et 2015 (voir les communiqués de presse du 29 avril 2015 et du 20 mai 2015) a conduit à ces brevets et a défini le cadre de...

TORONTO, June 11, 2020 (GLOBE NEWSWIRE) — Dream Unlimited Corp. (TSX: DRM) (“Dream”, “the Company” or “we”) today provided a business update on transactional and operational activity for the month of June 2020.  Dream has now closed on the sale of its indirect interest in a renewable power portfolio to Potentia Renewables Inc. In addition, we are near completion of the re-financing of the Distillery District, which comprises 395,000 sf of commercial and retail GLA in downtown Toronto. In aggregate, these transactions will generate cash of $130 million for Dream, which will be used to pay down corporate level debt and provide additional liquidity for the Company.We are pleased to announce that Dream has entered into an agreement to acquire a 50% interest in a portfolio of apartments located in Dallas, Texas, expected to close in...

SAN ANTONIO, June 11, 2020 (GLOBE NEWSWIRE) — Valero Energy Corporation (NYSE:VLO) (“Valero”) today announced that it will host a conference call on July 30, 2020, at 10:00 a.m. ET to discuss second quarter earnings results, which will be released earlier that day, and provide an update on company operations.Persons interested in listening to the presentation live via the internet may log on to Valero’s Investor Relations web site at www.investorvalero.com.About ValeroValero Energy Corporation, through its subsidiaries (collectively, “Valero”), is an international manufacturer and marketer of transportation fuels and petrochemical products. Valero is a Fortune 50 company based in San Antonio, Texas, and it operates 15 petroleum refineries with a combined throughput capacity of approximately 3.2 million barrels per day and 14 ethanol...

USD TENDER OPERATION ANNOUNCEMENT Approved counterparties are invited to submit bids to the Riksbank, tel +46 8 6966970 by 14.30 (CEST) pm on June 11, 2020.Confirmation of bids to e-mail: eol@riksbank.se       

United Bankers OyjUnited Bankers Oyj on jättänyt hakemuksen pörssilistalle siirtymiseksiUnited Bankers Oyj (”Yhtiö”) on tänään 11.6.2020 jättänyt listalleottohakemuksen Nasdaq Helsinki Oy:lle (”Helsingin Pörssi”) Yhtiön A-sarjan osakkeiden ottamiseksi kaupankäynnin kohteeksi Helsingin Pörssin pörssilistalle. Osakkeiden listalleotto on ehdollinen sille, että Helsingin Pörssi hyväksyy hakemuksen ja että Finanssivalvonta hyväksyy Yhtiön pörssilistalle siirtymiseen liittyvän listalleottoesitteen. Kaupankäynnin osakkeilla odotetaan alkavan pörssilistalla arviolta 18.6.2020.Samalla Yhtiö on jättänyt Helsingin Pörssille hakemuksen osakkeidensa poistamiseksi Helsingin Pörssin ylläpitämältä First North Growth Market Finland -markkinapaikalta.Yhtiö odottaa, että pörssilistalle siirtyminen kehittää Yhtiön yleistä tunnettuutta ja mainetta asiakkaiden,...

SAN DIEGO, June 11, 2020 (GLOBE NEWSWIRE) — Kura Oncology, Inc. (Nasdaq: KURA), a clinical-stage biopharmaceutical company committed to realizing the promise of precision medicines for the treatment of cancer, today announced its participation in the JMP Securities Hematology & Oncology Forum (Virtual). Troy Wilson, Ph.D., J.D., President and Chief Executive Officer, is scheduled to participate in a fireside chat on Thursday, June 18, 2020 at 10:40 a.m. ET / 7:40 a.m. PT. The virtual forum will be held from June 18-19, 2020.A live audio webcast of the fireside chat will be available in the Investors section of Kura’s website at www.kuraoncology.com, with an archived replay available for 30 days following the event.About Kura OncologyKura Oncology is a clinical-stage biopharmaceutical company committed to realizing the promise...