Month: June 2020

FOREST CITY, Iowa, June 30, 2020 (GLOBE NEWSWIRE) — Winnebago Industries, Inc. (NYSE: WGO) (the “Company”), a leading outdoor lifestyle product manufacturer, announced today that it has priced $300.0 million in aggregate principal amount of 6.250% senior secured notes due 2028 (the “Notes”). The Company intends to use approximately $253.5 million of the proceeds of the offering to repay in full its obligations under its term loan facility. The remainder of the proceeds of the offering shall be used for general corporate purposes and to pay related fees and expenses.  The closing of the offering is anticipated to take place on or about July 8, 2020, subject to customary closing conditions.The Notes and the related guarantees are being offered and sold to persons reasonably believed to be “qualified institutional buyers” pursuant...

MANITOWOC, Wis., June 30, 2020 (GLOBE NEWSWIRE) — County Bancorp, Inc. (NASDAQ: ICBK), the parent company for Investors Community Bank (collectively “the Company”), today announced the completion of its offering of $17.4 million in fixed-to-floating rate subordinated notes due 2030 (the “Notes”) to certain qualified institutional buyers and accredited investors in a private placement transaction. The Notes will initially bear interest at a fixed annual rate of 7.000%, for five years and will reset quarterly thereafter to the then current three-month SOFR plus 687.5 basis points. The Company may redeem the Notes on or after June 30, 2025, or at any time upon certain other specified events. The Notes have been structured to qualify initially as Tier 2 Capital for the Company for regulatory purposes. The Company intends to use the...

VANCOUVER, British Columbia, June 30, 2020 (GLOBE NEWSWIRE) — Almaden Minerals Ltd. (“Almaden” or the “Company”; TSX: AMM; NYSE American: AAU) is pleased to announce the results of its Annual General Meeting (“AGM”) held on June 30, 2020.All of the matters submitted to the shareholders for approval as set out in the Company’s Notice of Meeting and Information Circular were approved by the requisite majority of votes cast at the AGM.The details of the voting results for the election of directors are set out below:A total of 62,186,231 common shares, representing 53.04% of the votes attached to all outstanding shares as at the record date for the Meeting, were represented at the AGM.Shareholders also approved the appointment of Davidson & Company LLP as auditors of the Company for the ensuing year, approved...

WESTBROOK, ME, June 30, 2020 (GLOBE NEWSWIRE) — Synergy CHC Corp (OTCM: SNYR) (the “Company”), a consumer healthcare company, intends to file a Form 15 with the SEC to voluntarily effect the deregistration of its Common Stock. Upon the filing of the Form 15, the Company’s obligations to file certain reports with the SEC, including Annual Reports on Form 10-K, Quarterly Reports on Form 10-Q and Current Reports on Form 8-K will immediately be suspended.Chief Executive Officer, Chief Financial Officer and Chairman Jack Ross stated “We believe terminating our reporting obligations will result in significant cost reductions which will be to the benefit of the Company and its shareholders. We are currently evaluating the best time to file the Form 15.”

Not for distribution to U.S. news wire services or dissemination in the United States.TORONTO, June 30, 2020 (GLOBE NEWSWIRE) — Fairfax Africa Holdings Corporation (“Fairfax Africa”) (TSX:FAH.U) announces that the Toronto Stock Exchange (the “TSX”) has accepted a notice filed by Fairfax Africa of its intention to commence a Normal Course Issuer Bid (“NCIB”) for its Subordinate Voting Shares through the facilities of the TSX (or other alternative Canadian trading systems). Purchases will be made in accordance with the rules and policies of the TSX and Subordinate Voting Shares purchased will be cancelled.The notice provides that Fairfax Africa’s board of directors has approved the purchase on the TSX, during the period commencing July 8, 2020 and ending July 7, 2021, of up to 2,162,134 Subordinate Voting Shares representing approximately...

TORONTO, June 30, 2020 (GLOBE NEWSWIRE) — Firan Technology Group Corporation (TSX:FTG) will release the Q2 2020 financial results after close of trading on Wednesday, July 8, 2020.The Corporation will host a live conference call on Thursday, July 9, 2020 at 8:30am (Eastern) to discuss the Q2 2020 financial results.Anyone wishing to participate in the call should dial 647-427-2311 or 1-866-521-4909 and identify that you are calling to participate in the FTG conference call.  The Chairperson is Mr. Brad Bourne.  A replay of the call will be available until August 10, 2020 and will be available on the FTG website at www.ftgcorp.com.  The number to call for a rebroadcast is 416-621-4642 or 1-800-585-8367, Conference ID 1275227.ABOUT FIRAN TECHNOLOGY GROUP CORPORATIONFTG is an aerospace and defense electronics product and subsystem supplier...

HAMILTON, Bermuda, June 30, 2020 (GLOBE NEWSWIRE) — Blue Capital Reinsurance Holdings Ltd. (OTC:BCRHF); (the “Company”) has declared a special distribution of $0.74 per common share, which is payable on July 30, 2020 to holders of record as of July 15, 2020. The Company’s fully converted book value per common share was $1.45 at March 31, 2020.  Shareholders should note that this is not a final distribution; future distributions will typically occur on a quarterly basis to the extent sufficient funds are available in a given quarter.  This partial distribution will be reflected as a reduction in the liquidation value to be reported as of June 30, 2020.About the CompanyBlue Capital Reinsurance Holdings Ltd., is currently winding down its operations.  The Company, through its operating subsidiaries, previously offered collateralized...

TORONTO, June 30, 2020 (GLOBE NEWSWIRE) — Firm Capital Property Trust (the “Trust”), (TSXV: FCD.UN) announced that it will be relying on the temporary blanket relief provided by the Canadian Securities Administrators  to postpone filing of its executive compensation disclosure required under applicable securities laws until such time as it is filed and delivered to unitholders as part of the Trust’s management information circular relating to its 2020 annual meeting of unitholders. The Trust has set August 26, 2020 as the date for its annual meeting.ABOUT FIRM CAPITAL PROPERTY TRUST (TSXV: FCD.UN)Firm Capital Property Trust is focused on creating long-term value for Unitholders, through capital preservation and disciplined investing to achieve stable distributable income. In partnership with management and industry leaders, The...

TORONTO, June 30, 2020 (GLOBE NEWSWIRE) — Currency Exchange International, Corp. (TSX:CXI) (OTCBB:CURN), a full service foreign exchange technology and services provider, is pleased to announce its wholly-owned subsidiary Exchange Bank of Canada (EBC) has received regulatory approval to complete an agreement to acquire the assets of a business operating 24 years in the province of Québec from the private family owners who were advised by Laurentian Bank Securities. The asset purchase agreement is expected to close on July 28, 2020.The assets obtained include a total of approximately 400 active corporate customers that are engaged in international payments. Revenue from this client base has been approximately CDN $1.8 million (unaudited) in the last twelve months. CXI’s management believes that this transaction will be accretive...

WICHITA, Kan., June 30, 2020 (GLOBE NEWSWIRE) — Equity Bancshares, Inc. (NASDAQ: EQBK), (“Equity”, “we”, “us”, “our”), the Wichita-based holding company of Equity Bank, announced the issuance of $42 million aggregate principal amount of fixed-to-floating rate subordinated notes due 2030 (the “Notes”) to certain institutional accredited investors and qualified institutional buyers in a private placement transaction and the renewal of its senior credit facility with ServisFirst Bank. Equity intends to use the net proceeds from the offering for general corporate purposes, including repayment of the entire $40.0 million currently drawn under Equity’s senior credit facility and for opportunistic growth.The Notes are intended to qualify as Tier 2 capital for regulatory capital purposes. The Notes will initially bear interest at a fixed...