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Month: June 2020

Red White & Bloom Announces Date for Resumption of Trading on the CSE

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICESOR DISSEMINATION IN THE UNITED STATESTORONTO, June 03, 2020 (GLOBE NEWSWIRE) — Red White & Bloom Brands Inc. (CSE: RLTY.U) (OTC: TDRYF) (“RWB” or the “Company”, formerly, Tidal Royalty Corp.) is pleased to announce that further to our news release dated April 28, 2020, the common shares of the Company will resume trading on the Canadian Securites Exchange (“CSE”) at the open of trading on June 5, 2020. Trading will resume under the new symbol “CSE: RWB” in Canada and under the symbol “OTC: RWBYF”in the United States. The Company has applied to trade on the OTCQX Best Market, a market designed for established, investor-focused U.S. and international companies. The Company will provide updates on the up-listing in the coming weeks.The Company has also recently launched a new investor...

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Bombardier Transportation extends successful partnership with QUEST Global

This collaboration has enabled delivery of outstanding engineering solutions to the rail industry since 2017This extension ensures long-term success in the rail market through strong partnership integrationBERLIN, June 03, 2020 (GLOBE NEWSWIRE) —Note to editors: To view the photo associated with this press release, please visit the following link: https://www.globenewswire.com/NewsRoom/AttachmentNg/db3156b1-2012-479a-a7ea-3dff99c05d48Global mobility solution provider Bombardier Transportation and QUEST Global, a global product engineering and lifecycle services company, have signed an agreement to extend their existing partnership in order to strengthen cooperation to further develop engineering capabilities for the rail market. The goal of this alliance is to ensure future innovation, as well as excellent delivery and project execution....

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Dime Community Bancshares, Inc. Prices Public Offering of Preferred Stock

BROOKLYN, N.Y., June 03, 2020 (GLOBE NEWSWIRE) — Dime Community Bancshares, Inc. (the “Company”) (Nasdaq: DCOM) today announced that it has priced an underwritten public offering of 2,000,000 shares, or $50.0 million in aggregate liquidation preference, of its 5.50% Fixed-Rate Non-Cumulative Perpetual Preferred Stock, Series A, par value $0.01 per share (the “Preferred Stock”), with a liquidation preference of $25.00 per share.The Company expects to use the net proceeds from the offering, which are expected to be $38.5 million (gross proceeds less underwriting discount and estimated expenses), for general corporate purposes.The Company has granted the underwriters a 30-day option to purchase up to 300,000 additional shares of Preferred Stock. The Company will pay dividends on these shares of Preferred Stock when, as, and if declared...

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OraSure Technologies, Inc. Announces Exercise of Option to Purchase Additional Shares of Common Stock

BETHLEHEM, Pa., June 03, 2020 (GLOBE NEWSWIRE) — OraSure Technologies, Inc. (Nasdaq: OSUR) (“OraSure” or the “Company”) today announced the full exercise by the underwriters of their option to purchase an additional 1,200,000 shares of its common stock in connection with the Company’s previously announced offering that priced on June 2, 2020.  In total, 9,200,000 shares of common stock of the Company are being sold in the offering. With the exercise by the underwriters of their option to purchase such additional shares, after the underwriting discount and estimated offering expenses, OraSure expects to receive net proceeds of approximately $94.9 million. The offering is expected to close on June 5, 2020, subject to customary closing conditions. J.P. Morgan Securities LLC, Citigroup and Evercore Group L.L.C. are acting as joint book‑running...

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The Flowr Corporation Closes on Second Tranche of Private Placement of Debenture Units and Announces Executive Departures

Flowr closes on second tranche of non-brokered private placement of convertible debenture units for gross proceeds of $1,538,000Francesco Tallarico, Chief Legal Officer and Ashley Thomson, Chief People Officer, to leave the Company to pursue opportunities outside of the cannabis industryTORONTO, June 03, 2020 (GLOBE NEWSWIRE) — The Flowr Corporation (TSX.V: FLWR; OTC: FLWPF) (“Flowr” or the “Company”) today announced that it has closed a second tranche of its previously announced non-brokered private placement. The second tranche closing consisted of the issuance of 1,538 Units (as defined below) for gross proceeds of CAD$1,538,000 (the “Second Tranche Offering”). The Second Tranche Offering is in addition to the CAD$20,041,000 in gross proceeds that the Company closed on April 27, 2020, bringing the total gross proceeds from both...

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Pilgrim’s Issues Statement on Recent DOJ Action

GREELEY, Colo., June 03, 2020 (GLOBE NEWSWIRE) — Today, Pilgrim’s [NASDAQ: PPC] was informed of an indictment against a current executive and two former Pilgrim’s employees. We take this matter very seriously. The company is committed to high ethical standards, governance, and free and open competition that benefits both customers and consumers.Pilgrim’s will continue to fully cooperate with the Department of Justice in their investigation.Media Contact:Cameron Bruettcameron.bruett@jbssa.com970.506.7801

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Macarthur’s Joint Venture Partner Fe Limited completes sale of Evanston royalty and set for exploration at the Hillside Project

VANCOUVER, British Columbia, June 03, 2020 (GLOBE NEWSWIRE) — Macarthur Minerals Limited (ASX: MIO) (TSX-V: MMS) (the “Company” or “Macarthur”) Joint Venture Partner, Fe Limited (“FEL”) has announced the completion of the sale of its Evanston royalty interest over a portion of the wider Koolyanobbing iron ore mine in the Southern Yilgarn region of Western Australia. TRR Services Australia Pty Ltd, a wholly owned subsidiary of Trident Resources PLC (LSX: TRR), has purchased the royalty for $7 million. FEL has received the first payment of $3.5 million with a further instalment of $3m payable in 12 months. FEL now has cash in the bank of $5.2 million and fully funded to commence exploration work at the Hillside Copper and Gold Project in the Pilbara region of Western Australia.FEL is currently finalising plans to conduct a Fixed Loop...

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Sienna Senior Living Launches Sweeping Initiatives to Protect its Residents

MARKHAM, Ontario, June 03, 2020 (GLOBE NEWSWIRE) — The Board of Directors and management of Sienna Senior Living Inc. (“Sienna” or the “Company”) (TSX: SIA) today issued the following statement.The information coming out about long-term care residences across our organization, some of which was detailed in the report of the Canadian Armed Forces (“CAF”), has shaken our team here at Sienna, most of whom go to work every day to provide compassionate, necessary frontline care for our residents. It is no secret that the challenges long-term care residences have been facing in dealing with the COVID-19 pandemic have been extraordinary and have brought to light the many short-comings that exist in our sector.While disturbing, the CAF report was written during the peak of a crisis situation. It does not reflect the current reality at our...

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Jourdan Increases Option Percentage in Preissac-Lacorne Lithium Portfolio

TORONTO, June 03, 2020 (GLOBE NEWSWIRE) — Jourdan Resources Inc. (TSX-V: JOR) (“Jourdan” or the “Company”) is pleased to announce that, pursuant to an amending agreement (the “Amending Agreement”) entered into with Infinite Ore Corp.  (“Infinite”; TSX-V: ILI; formerly Alix Resources Corp.) in connection with an option agreement, it has increased its percentage interest of an option (the “Infinite Option”) it holds in Infinite’s 145 claim Preissac-Lacorne lithium portfolio (the “Portfolio”) from 75% to 100%. For more information about the Infinite Option, please see the Company’s press releases dated May 9, 2017 and May 16, 2017, which are available under the Company’s SEDAR profile at www.sedar.com.In consideration for the increased percentage in the Portfolio, the parties agreed to adjust the consideration payable by the Corporation...

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Diversified Royalty Corp. Announces June 2020 Cash Dividend and Re-Opening of Certain Mr. Mikes Dining Rooms and Bars

VANCOUVER, British Columbia, June 03, 2020 (GLOBE NEWSWIRE) — Diversified Royalty Corp. (TSX: DIV and DIV.DB) (the “Corporation” or “DIV”) is pleased to announce that its board of directors has approved a cash dividend of $0.01667 per common share for the period of June 1, 2020 to June 30, 2020, which is equal to $0.20 per common share on an annualized basis. The dividend will be paid on June 30, 2020 to shareholders of record as of the close of business on June 15, 2020.Re-Opening of Certain Mr. Mikes Dining Rooms and BarsDIV is pleased to announce that Mr. Mikes Restaurants Corporation (“Mr. Mikes”) has advised DIV that 33 of 45 Mr. Mikes restaurants are currently open for in-restaurant or patio dining at reduced capacity. Mr. Mikes has advised DIV that it and its franchisees are following the regulations and recommendations of...

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