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Month: June 2020

New Survey Reveals Cybersecurity Training is Missing the Mark as Employees Work around Company Security Policies

MELBOURNE, Australia, June 02, 2020 (GLOBE NEWSWIRE) — Mimecast Limited (NASDAQ: MIME), a leading email and data security company, today released a study titled Don’t Just Educate: Create Cybersafe Behaviour. The survey shows that while customer data breaches and reputational damage around the world is encouraging businesses to re-examine their security practices, employee cyber behaviour still needs to change.The survey, conducted by Forrester Consulting, found that while 59% of security and IT managers think they are ‘ticking the security compliance box’, their employees report a huge disconnect. More than half of the 240 employees surveyed in APAC (53%) disagree with that statement, and 51% believe their managers do not stress the importance of good security practices.The survey was conducted across Australia, Hong Kong, New...

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Intellia Therapeutics Announces Pricing of Public Offering of Common Stock

CAMBRIDGE, Mass., June 02, 2020 (GLOBE NEWSWIRE) — Intellia Therapeutics, Inc. (NASDAQ:NTLA), a leading genome editing company focused on developing curative therapeutics using CRISPR/Cas9 technology both in vivo and ex vivo, announced today the pricing of an underwritten public offering of 5,479,453 shares of its common stock at a public offering price of $18.25 per share. Intellia also granted the underwriters a 30-day option to purchase up to an additional 821,917 shares of its common stock. The gross proceeds from the offering, before deducting underwriting discounts and commissions and estimated offering expenses, are expected to be $100 million, excluding any exercise of the underwriters’ option to purchase additional shares. All of the shares in the offering are to be sold by Intellia.Goldman Sachs & Co. LLC, Jefferies...

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Dave & Buster’s Entertainment, Inc. to Report First Quarter 2020 Financial Results on June 11, 2020

DALLAS, June 02, 2020 (GLOBE NEWSWIRE) — Dave & Buster’s Entertainment, Inc., (NASDAQ:PLAY), (“Dave & Buster’s” or “the Company”), an owner and operator of entertainment and dining venues, today announced that it will report financial results for its first quarter 2020 ended on May 3, 2020 on Thursday, June 11, 2020 after the market close.Management will hold a conference call to report these results the same day at 4:00 p.m. Central Time (5:00 p.m. Eastern Time). The conference call can be accessed over the phone by dialing (720) 543-0197 or toll-free (800) 949-2175. A replay will be available after the call for one year beginning at 7:00 p.m. Central Time (8:00 p.m. Eastern Time) and can be accessed by dialing (412) 317-6671 or toll-free (844) 512-2921; the passcode is 8185738.Additionally,...

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Perseus Mining to Acquire 100% of Exore Resources

PERTH, Western Australia, June 02, 2020 (GLOBE NEWSWIRE) — Perseus Mining Limited (“Perseus” or the “Company”) (TSX & ASX: PRU) wishes to advise that Perseus and Exore Resources Limited (ASX:ERX) have entered into a Scheme Implementation Deed under which it is proposed that Perseus (or a subsidiary of Perseus) will acquire 100% of the issued share capital of Exore by way of scheme of arrangement.HIGHLIGHTSPerseus to acquire 100% of Exore by way of scheme of arrangement in an all-share transaction under which, if implemented, Exore shareholders will receive 1 Perseus share for every 12.79 Exore shares held The Scheme delivers compelling value to Exore shareholders:• Based on Perseus’s 10 trading day VWAP, Scheme Consideration values Exore at a fully diluted equity value of A$59.8 million1 or A$0.098 per share• Based on Perseus’s...

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AeroCentury Corp. Reports First Quarter 2020 Results

BURLINGAME, Calif., June 02, 2020 (GLOBE NEWSWIRE) — AeroCentury Corp. (“AeroCentury” or the “Company”) (NYSE American: ACY), an independent aircraft leasing company, today reported a first quarter 2020 net loss of $10.2 million, or ($6.58) per share, compared to a net loss of $1.3 million, or ($0.85) per share, for the first quarter of 2019. Results for the quarter ended March 31, 2020 included impairment losses totaling $6.7 million, arising from revised estimated sales proceeds for three regional jet aircraft and an older turboprop aircraft that is being sold in parts.  Results also included a $1.2 million bad debt allowance related to two of the Company’s aircraft that are subject to finance leases and a $1.9 million non-cash charge related to the Company’s interest rate swaps, which is included in interest expense.The results...

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Bellatrix Announces Plans for Future Filing of Continuous Disclosure Documents

CALGARY, Alberta, June 02, 2020 (GLOBE NEWSWIRE) — Bellatrix Exploration Ltd. (“Bellatrix” or the “Company“) announces that further to its press release dated April 24, 2020, Bellatrix intends to continue to rely on the relief (the “CSA Relief“) granted by the Canadian Securities Administrators for extension of the deadline for filing certain continuous disclosure documents by reporting issuers. As announced in the previous press release, Bellatrix is relying on the CSA Relief in respect of its requirements to file a statement of reserves data and other information required by section 2.1 of National Instrument 51-101 Standards of Disclosure for Oil and Gas Activities (“2019 NI 51-101 Filings“) in respect of the Company’s year ended December 31, 2019, which it still anticipates...

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Jura Announces Release of Annual Filings

CALGARY, Alberta, June 02, 2020 (GLOBE NEWSWIRE) — Jura Energy Corporation (“Jura”) today announced the filing on SEDAR of its consolidated annual audited financial statements and management’s discussion and analysis for the years ended December 31, 2019 and 2018, and its annual information form (“AIF”).About Jura Energy CorporationJura is an international energy company engaged in the exploration, development and production of petroleum and natural gas properties in Pakistan. Jura is based in Calgary, Alberta, and listed on the TSX-V trading under the symbol JEC. Jura conducts its business in Pakistan through its subsidiaries, Frontier Holdings Limited and Spud Energy Pty Limited.FOR FURTHER INFORMATION, PLEASE CONTACT:Mr. Nadeem Farooq, CEOTel: +92 51 2270702-5Fax: +92 51 227 0701Website: www.juraenergy.comE‐Mail: info@juraenergy.comNeither...

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Kayne Anderson Midstream/Energy Fund Provides Unaudited Balance Sheet Information and Announces its Net Asset Value and Asset Coverage Ratios at May 31, 2020

HOUSTON, June 02, 2020 (GLOBE NEWSWIRE) — Kayne Anderson Midstream/Energy Fund, Inc. (the “Fund”) (NYSE: KMF) today provided a summary unaudited statement of assets and liabilities and announced its net asset value and asset coverage ratios under the Investment Company Act of 1940 (the “1940 Act”) as of May 31, 2020. As of May 31, 2020, the Fund’s net assets were $293 million and its net asset value per share was $6.20. As of May 31, 2020, the Fund’s asset coverage ratio under the 1940 Act with respect to senior securities representing indebtedness was 483% and the Fund’s asset coverage ratio under the 1940 Act with respect to total leverage (debt and preferred stock) was 331%. As of May 31, 2020, equity and debt investments were 94% and 6%, respectively, of the Fund’s long-term investments of $390 million.  Long-term investments...

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Kayne Anderson MLP/Midstream Investment Company Provides Unaudited Balance Sheet Information and Announces its Net Asset Value and Asset Coverage Ratios at May 31, 2020

HOUSTON, June 02, 2020 (GLOBE NEWSWIRE) — Kayne Anderson MLP/Midstream Investment Company (the “Company”) (NYSE: KYN) today provided a summary unaudited statement of assets and liabilities and announced its net asset value and asset coverage ratios under the Investment Company Act of 1940 (the “1940 Act”) as of May 31, 2020.As of May 31, 2020, the Company’s net assets were $891 million, and its net asset value per share was $7.04. As of May 31, 2020, the Company’s asset coverage ratio under the 1940 Act with respect to senior securities representing indebtedness was 700% and the Company’s asset coverage ratio under the 1940 Act with respect to total leverage (debt and preferred stock) was 336%.As of May 31, 2020, equity and debt investments were 99% and 1%, respectively, of the Company’s long-term investments of $1.3 billion.  Long-term...

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DZS Selected by LG U+ to Provide Full Range of Fiber Access, Backhaul and Switching Solutions in South Korea

ALAMEDA, Calif., June 02, 2020 (GLOBE NEWSWIRE) — DASAN Zhone Solutions, Inc. (NSDQ: DZSI or “DZS”), a leading enabler of the emerging hyper-connected, hyper-broadband world, is proud to announce a new three-year, $66 million contract to supply LG U+ with Fiber-to-the-Home solutions and switches, including co-development of ultra-low latency 100 Gbps mobile backhaul switches for 5G mobile services. Starting June 1, 2020, this contract secures the position of DZS as a strategic supplier to LG U+ and provides the opportunity to continue to develop new business with them in the future.“LG U+ continues to be one of the world’s most innovative and agile operators, and we are honored to be a close strategic supplier to them,” said Yung Kim, Chief Executive Officer, DZS. “We share a common vision that a new era of hyper-connectivity facilitated...

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