Month: June 2020

TORONTO, June 02, 2020 (GLOBE NEWSWIRE) — Gentor Resources Inc. (the “Company“) (TSX-V – “GNT”) announces that it has called an annual and special meeting of shareholders of the Company (the “AGM“) to be held on June 26, 2020.  At the AGM, shareholders of the Company will be asked to consider and, if thought advisable, to authorize by means of a special resolution, the consolidation of the issued and outstanding common shares of the Company (the “Common Shares“) by changing each two Common Shares into one Common Share.In the event that shareholders pass the said special resolution at the AGM to consolidate the Common Shares and the board of directors of the Company determines, in the best interests of the Company, to implement the share consolidation in order to assist in attracting...

OMAHA, Neb., June 02, 2020 (GLOBE NEWSWIRE) — Werner Enterprises, Inc. (Nasdaq: WERN), a premier transportation and logistics provider, today announced that Clarence L. Werner stepped down as its Executive Chairman effective May 31, 2020. Mr. Werner will continue to serve as Chairman of the board of directors through the end of his current term, which is expected to end in May 2021, and at that time it is expected that he will become Chairman Emeritus. In connection with this transition, the board of directors appointed Derek Leathers, the current Chief Executive Officer and President of the Company, as a member and Vice Chairman of the board of directors effective May 31, 2020. Mr. Werner has recommended to the board of directors that Mr. Leathers be named Chairman of the board of directors, in addition to Chief Executive Officer...

Festi announced 12 March 2020 that the company had received a notification from Arion banki under the market making agreement between the parties stating that the bank would activate a clause in the agreement permitting it to deviate from the conditions of the agreement in unforeseen circumstances.Arion banki has now notified Festi that despite the unforseen circumstances tha bank has met its obligations under the market making agreement in all aspects save the bid-ask spread. The bank is of the view that the circumstances no longer call for deviation from the agreement and its provisions relating to both bid-ask spread and price will be reactivated.For further information contact Eggert Þór Kristófersson, CEO of Festi (eggert@festi.is) or Magnús Kr. Ingason CFO of Festi (mki@festi.is).

CHANDLER, Ariz., June 02, 2020 (GLOBE NEWSWIRE) — (NASDAQ:MCHP) – Microchip Technology Incorporated, a leading provider of smart, connected and secure embedded control solutions, announced today that the Company will present at the B of A Securities 2020 Global Technology Virtual Conference on Wednesday, June 3, 2020, at 1:45 p.m. (Pacific Time). Presenting for the Company will be Mr. Steve Sanghi, Chief Executive Officer, and Mr. Eric Bjornholt, Senior Vice President and Chief Financial Officer. A live webcast of the presentation will be made available by B of A, and can be accessed on the Microchip website at www.microchip.com.Any forward looking statements made during the presentation are qualified in their entirety by the discussion of risks set forth in the Company’s Securities and Exchange Commission filings. Copies...

TORONTO, June 02, 2020 (GLOBE NEWSWIRE) — Sprott Focus Trust, Inc. (Nasdaq-FUND) (the “Fund” or “FUND”) has declared a quarterly distribution of $0.1093 per share on its Common Stock.  The distribution, optionally payable in additional shares of Common Stock or in cash by specific stockholder election, is to be paid on June 26, 2020 to stockholders of record at the close of business on June 15, 2020 (ex-dividend on June 12, 2020).  The price of shares issued for reinvestment will be determined on June 19, 2020.The Fund currently has adopted a Distribution Policy of paying quarterly distributions on its Common Stock.  Distributions are being made at the annual rate of 6% of the rolling average of the prior four calendar quarter-end net asset values (“NAVs”), with the fourth quarter distribution being the greater of 1.50% of the rolling...

CHANDLER, Ariz., June 02, 2020 (GLOBE NEWSWIRE) — (NASDAQ:MCHP) – Microchip Technology Incorporated, a leading provider of smart, connected and secure embedded control solutions, announced today that the Company will present at the 4th Annual Needham Virtual Automotive Tech Conference on Wednesday, June 3, 2020, at 10:30 a.m. (Eastern Time).  Presenting for the Company will be Mr. Ganesh Moorthy, President and Chief Operating Officer.  A live webcast of the presentation will be made available by Needham, and can be accessed on the Microchip website at www.microchip.com.Any forward looking statements made during the presentation are qualified in their entirety by the discussion of risks set forth in the Company’s Securities and Exchange Commission filings.  Copies of SEC filings can be obtained for free at the SEC’s website...

CHANDLER, Ariz., June 02, 2020 (GLOBE NEWSWIRE) — (NASDAQ: MCHP) – Microchip Technology Incorporated, a leading provider of smart, connected and secure embedded control solutions, today updated the range of its prior guidance for net sales and GAAP and non-GAAP earnings per share for its fiscal first quarter of 2021 ending June 30, 2020.  Microchip now expects consolidated net sales for the June quarter to be $1.247 billion to $1.326 billion, or between flat and down 6% sequentially with a mid-point of down 3.0%.  Microchip previously provided guidance on May 7, 2020 for consolidated net sales to be $1.194 billion to $1.3 billion or down between 2% and 10% sequentially, with a midpoint of down 6%.  GAAP earnings per share is now expected to be between $0.25 and $0.39 and non-GAAP earnings per share is expected to be between $1.35...

Þann 12. mars sl. birti Festi tilkynningu frá Arion banka um að bankinn myndi beita heimild í samningi um viðskiptavakt sem heimilar að víkja frá skilyrðum samningsins í óviðráðanlegum aðstæðum.Arion banki hefur nú tilkynnt Festi að þrátt fyrir sérstakar aðstæður á mörkuðum hafi bankinn uppfyllt skyldur sínar sem viðskiptavaki samkvæmt samningnum að öðru leyti en um verðbil. Að mati bankans er ekki lengur fyrir hendi þörf á að beita ákvæði samningsins um frestun á skyldum vegna óviðráðanlegra atvika og gilda því ákvæði hans um verðbil og fjárhæðir nú að nýju.Nánari upplýsingar veitir Eggert Þór Kristófersson, forstjóri Festi (eggert@festi.is) og Magnús Kr. Ingason framkvæmdastjóri fjármálasviðs Festi (mki@festi.is).

GRAPEVINE, Texas, June 02, 2020 (GLOBE NEWSWIRE) — GameStop Corp. (NYSE: GME), today announced a change in the meeting location for the Company’s Annual Meeting of Stockholders scheduled for Friday, June 12, 2020 at 8:00 a.m. Central Daylight Time from the Hilton Southlake Town Square located at 1400 Plaza Place, Southlake, Texas, 76092 to 633 Westport Parkway, Grapevine, Texas 76051.  For additional information regarding the Annual Meeting, please refer to the Company’s proxy materials filed with the Securities and Exchange Commission, including the Company’s definitive proxy statement filed on April 28, 2020.As described in the proxy materials for the Annual Meeting, stockholders are entitled to attend and vote at the Annual Meeting only if they held shares as of the close of business on April 20, 2020, the record date designated...

MCLEAN, Va., June 02, 2020 (GLOBE NEWSWIRE) — Appian Corporation (NASDAQ: APPN), today announced that management will present at the William Blair Virtual Growth Stock Conference. The presentation is scheduled for Tuesday, June 9th at 8:00 a.m. ET.The presentation will be webcast live, and the replay will be available for a limited time under the “News & Events” section on the company’s investor relations website (http://investors.appian.com).About AppianAppian (NASDAQ: APPN) provides a low-code automation platform that accelerates the creation of high-impact business applications. Many of the world’s largest organizations use Appian applications to improve customer experience, achieve operational excellence, and simplify global risk management and compliance. For more information, visit www.appian.com.Investor RelationsScott...