Month: June 2020

CHARLOTTE, N.C., June 03, 2020 (GLOBE NEWSWIRE) — SPX Corporation (NYSE:SPXC) President and Chief Executive Officer Gene Lowe will present today, June 3, 2020 at the UBS Global Industrials and Transportation Conference in a virtual format. The presentation will begin at 4:40 p.m. ET and will be simultaneously webcast via the company’s website at www.spx.com. The accompanying slide presentation is available in the Investor Relations section of the website.  SPX continues to see quarter-to-date performance for Q2 2020 consistent with commentary provided on its Q1 2020 earnings call on April 30, 2020, including an anticipated organic adjusted revenue* decline of approximately 10 percent, partially offset by the benefit of acquisitions completed in the second half of 2019.About SPX Corporation:  SPX Corporation is a supplier of...

WHITEHORSE, Yukon, June 03, 2020 (GLOBE NEWSWIRE) — Victoria Gold Corp. (TSX-VGCX) (“Victoria” or the “Company”), is pleased to provide a May, 2020 update for its Eagle Gold Mine (“Eagle”), Yukon Canada.Debt RepaymentThe Company is pleased to report it has made the first principal repayment against the senior secured credit facility of US$7,133,266 on May 31, 2020. Looking forward, the next scheduled payments of principal and interest on the senior secured credit facility along with interest on the subordinated credit facility are on August 31, 2020. The credit facilities are flexible with respect to early repayment and with strong free cash flow expected to be generated by the Eagle Gold Mine, the Company plans to make debt reduction a priority.ProductionOperational ramp-up continued during May and Victoria management expects to...

PURCHASE, NY, June 03, 2020 (GLOBE NEWSWIRE) — Teladoc Health, Inc. (NYSE: TDOC), the global leader in virtual care, announced today that Jason Gorevic, chief executive officer, and Mala Murthy, chief financial officer, will participate in the following upcoming investor event: The William Blair 40th Annual Growth Stock Conference, on Tuesday, June 9, 2020, at 1:00 p.m. EDT. A live audio webcast and replay of the presentation will be available at http://ir.teladochealth.com/news-and-events/events-and-presentations/.About Teladoc HealthA mission-driven organization, Teladoc Health, Inc. is successfully transforming how people access and experience healthcare, with a focus on high quality, lower costs, and improved outcomes around the world. Ranked #1 among direct-to-consumer telehealth providers in the J.D. Power 2019 U.S. Telehealth...

LAS VEGAS, June 03, 2020 (GLOBE NEWSWIRE) — Marathon Patent Group, Inc. (NASDAQ:MARA) (“Marathon” or “Company”), one of the few Nasdaq listed cryptocurrency mining companies in the United States, today announced the completed installation of 700 M30S+ ASIC Bitcoin Miners that were purchased on May 11, 2020. The company is awaiting delivery of 1,160 Bitmain S19 Pro ASIC Miners in the next 60 days.Convertible Note Fully Converted to EquityOn May 19, 2020, Marathon announced the reduction of the conversion price of Convertible Note originally issued on August 31, 2017. The entire principal balance of $999,105.60 and $215,411.30 of accrued interest has been fully converted by the Note holder to Marathon Common stock, reducing the company’s Long-Term Debt to zero. This reduction in Debt results in a substantial...

PHOENIX, June 03, 2020 (GLOBE NEWSWIRE) — Global Water Resources, Inc. (NASDAQ: GWRS) (TSX: GWR), a pure-play water resource management company, has appointed noted utility industry leader, Christopher D. Krygier, to the new position of chief strategy officer.Krygier brings to Global Water more than 15 years of experience in operations management, regulatory strategy, and capital deployment for large projects and transactions, along with multi-state experience and industry knowledge. He has extensive experience representing utilities before the Arizona Corporation Commission, other public utility commissions, and municipal and county governments regarding the formulation of policy, rates, and regulations.“At Global Water, we are dedicated to providing safe and reliable service with a focus on efficiency and conservation,” noted...

MONTREAL, June 03, 2020 (GLOBE NEWSWIRE) —Wednesday, June 10, 2020 at 10:00 A.M.In light of the COVID-19 pandemic, shareholders are asked to participate in the meeting by live audio webcast at https://www.dorel.com/eng/shareholder-informationShareholders will have the ability to interact with Dorel Industries Inc. Senior Management by submitting questions to ir@dorel.com. To be sure your questions are addressed during the Q&A portion of the annual meeting, it is recommended that you submit them no later than 5 p.m. on June 8, 2020.Dorel Industries Inc. (TSX: DII.B, DII.A) is a global organization, operating three distinct businesses in juvenile products, bicycles and home products. Dorel’s strength lies in the diversity, innovation and quality of its products as well as the superiority of its brands. Dorel Juvenile’s...

New York, June 03, 2020 (GLOBE NEWSWIRE) —  via NetworkWire — Kingman Minerals Ltd. (CVE: KGS) today announces its placement in an editorial published by NetworkNewsWire (“NNW”), one of 40+ brands in the InvestorBrandNetwork (“IBN”), a multifaceted financial news and publishing company for private and public entities.To view the full publication, “Gold Has Just Started to Shine—Miners Should Glow in New Gold Rush,” visit: http://nnw.fm/6pFcL.   In times of financial crisis, there’s no safer investment than gold.Gold’s historic reputation as a safe haven asset will be a boon for mining companies as the global economy witnesses the plunging valuation of currency. Kingman Minerals Ltd. (CVE: KGS) (KGS Profile) has been preparing operations on a historic mine site in Arizona, benefiting from the cost efficiencies of revitalizing...

MISSISSAUGA, Ontario, June 03, 2020 (GLOBE NEWSWIRE) — KP Tissue Inc. (“KPT”) (TSX: KPT) will hold its Annual Meeting of Shareholders on June 4, 2020 at 3:00 p.m. (EST). In the context of the COVID-19 crisis, the Corporation has decided to hold the meeting in a virtual-only format which will be conducted via live webcast online at http://web.lumiagm.com/297479061.For shareholders, media and other interested parties who are unable to attend, the presentation material will also be available on the web site www.kptissueinc.com.About KP Tissue Inc. (KPT)KPT was created to acquire, and its business is limited to holding, a limited partnership interest in Kruger Products L.P., which is accounted for as an investment on the equity basis. KPT currently holds a 14.8% interest in KPLP. For more information visit www.kptissueinc.com.About...

MISSISSAUGA, Ontario, 03 juin 2020 (GLOBE NEWSWIRE) — Papiers Tissu KP inc. (TSX : KPT) (« PTKP ») tiendra son assemblée annuelle des actionnaires le 4 juin 2020 à 15h00 (HNE). Dans le contexte de la crise de la COVID-19, la Société a décidé de tenir l’assemblée dans un format virtuel uniquement qui sera diffusée en direct sur le web à l’adresse http://web.lumiagm.com/297479061.Pour les actionnaires, les médias et les autres parties intéressées qui ne peuvent pas assister à l’assemblée, la présentation sera également disponible sur le site web www.kptissueinc.com.À propos de Papiers Tissu KP inc. (PTKP)PTKP a été créée dans le but d’acquérir une participation économique dans PK S.E.C., comptabilisée en tant qu’investissement dans le capital-actions. PTKP détient actuellement une participation de 14,8 % dans Produits...

WILMINGTON, Del., June 03, 2020 (GLOBE NEWSWIRE) — InterDigital, Inc. (NASDAQ:IDCC), a mobile and video technology research and development company, today announced that Eeva K. Hakoranta is joining the company as Chief Licensing Officer, effective July 1.Ms. Hakoranta joins the company from Nokia, where she led patent licensing since 2012, and most recently served as Senior Vice President and Head of Intellectual Property and Litigation. Under her leadership, Nokia successfully concluded license agreements with substantially all of the world’s major handset manufacturers, including Samsung, Apple, Huawei, Oppo, Vivo and Xiaomi.“InterDigital’s ability to attract someone with Eeva Hakoranta’s capabilities and track record to lead such a crucial function as licensing speaks to the strength of our technology and our position in the...