Day: July 13, 2020
CALGARY, Alberta, July 13, 2020 (GLOBE NEWSWIRE) — ARROW Exploration Corp. (“Arrow” or the “Company”) (TSXV: AXL) is pleased to announce the filing of its unaudited Financial Statements and MD&A for the quarter-ended March 31st, 2020, which are available on SEDAR (www.sedar.com).FINANCIAL AND OPERATING HIGHLIGHTS(1)Non-IFRS measures – see “Non-IFRS Measures” section within the MD&A(2)Long term restricted cash not included in working capitalMarshall Abbott, CEO of Arrow commented, “The first quarter of 2020 marked the return of significant challenges for the international oil & gas industry, following the outbreak of the COVID-19 pandemic. Arrow faces many of these same challenges, including lower crude oil prices as a result of reduced global oil demand.”Mr. Abbott continued, “On our LLA-23 block, production rates...
iSIGN Media Announces a Shares for Debt Transaction
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TORONTO, July 13, 2020 (GLOBE NEWSWIRE) — iSIGN Media Solutions Inc. (“iSIGN” or “Company”) (TSX-V: ISD) (OTC: ISDSF), a leading provider of interactive mobile proximity marketing and public security alert solutions announced it has entered into a debt settlement arrangement with various companies and individuals in which the Company has agreed to issue an aggregate of 11,457,788 common shares at a deemed price of $0.05 per share in settlement of debts owned of $572,890.Included in this transaction are various companies that are either wholly or partially owned and controlled by Josip Kozar, iSIGN’s Chief Executive Officer. Mr. Kozar is deemed to be a “related party”, as such term is defined in Multilateral Instrument 61-101 Protection of Minority Security Holders in Special Transactions (“MI 61-101”), being the Company’s Chief...
Madison Pacific Properties Inc. announces the results for the nine months ended May 31, 2020
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VANCOUVER, British Columbia, July 13, 2020 (GLOBE NEWSWIRE) — Madison Pacific Properties Inc. (the Company) (TSX: MPC and MPC.C), a Vancouver-based real estate company announces the results of operations for the nine months ended May 31, 2020.The results reported are pursuant to International Financial Reporting Standards (IFRS) for public companies.For the nine months ended May 31, 2020, the Company is reporting net income of $25.1 million (2019: $24.4 million); cash flows from operating activities before changes in non-cash operating balances of $10.2 million (2019: $9.5 million); and income per share of $0.43 (2019: $0.40). Included in net income is an after-tax net gain from the fair value adjustment on investment properties of $19.3 million (2019: $16.5 million).The Company currently owns approximately $585 million in investment...
Ocwen Financial Schedules Conference Call – Preliminary Second Quarter 2020 Results and Business Update
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WEST PALM BEACH, Fla., July 13, 2020 (GLOBE NEWSWIRE) — Ocwen Financial Corporation (NYSE: OCN) (“Ocwen” or the “Company”) will hold a conference call on Friday, July 17, 2020 at 8:30 a.m. (ET) to review the Company’s preliminary second quarter 2020 operating results and provide a business update. This event will follow Ocwen’s preliminary second quarter 2020 earnings and business update press release. The release will be available on the Ocwen Financial Corporation website at www.ocwen.com (through a link on the Shareholder Relations page).A live audio webcast and slide presentation for the call will be available at www.ocwen.com (through a link on the Shareholder Relations page). Those who want to listen to the call should go to the website at least fifteen minutes prior to the call to register, download and install any necessary...
Northland Announces Its Second Quarter 2020 Financial Results Release Date and Provides Investor Call and Webcast Details
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TORONTO, July 13, 2020 (GLOBE NEWSWIRE) — Northland Power Inc. (“Northland”) (TSX: NPI) announces it will release its 2020 second quarter financial results after market close on Wednesday, August 12, 2020. Northland’s management will hold an investor conference call and webcast at 10 a.m. Eastern Time (ET) on Thursday, August 13, 2020, followed by a question and answer period.Conference call details:The call will also be broadcast live on the internet, in listen-only mode and may be accessed on northlandpower.com.For those unable to attend the live call, an audio recording will be available on Northland’s website at northlandpower.com on August 14, 2020.ABOUT NORTHLAND POWERNorthland is a global developer, owner and operator of sustainable infrastructure assets that deliver predictable cash flows. Headquartered in Toronto,...
nCino Announces Pricing of Initial Public Offering
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WILMINGTON, N.C., July 13, 2020 (GLOBE NEWSWIRE) — nCino, Inc. (“nCino”) today announced the pricing of its initial public offering of 8,060,000 shares of its common stock at the initial public offering price of $31.00 per share. The underwriters have been granted a 30-day option to purchase up to 1,209,000 additional shares at the initial public offering price less underwriting discounts and commissions. The shares are expected to begin trading on The Nasdaq Global Select Market on July 14, 2020, under the ticker symbol “NCNO.” The offering is expected to close on July 16, 2020, subject to customary closing conditions.BofA Securities and Barclays are acting as lead book-running managers for the offering. KeyBanc Capital Markets and SunTrust Robinson Humphrey are also acting as book-running managers for the offering, along with Piper...
Dealnet Urges Dissidents to Stop Misleading Shareholders
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TORONTO, July 13, 2020 (GLOBE NEWSWIRE) — Dealnet Capital Corp. (“Dealnet” or the “Company”) (TSX VENTURE: DLS) warns shareholders about continued misleading statements from a group of dissident shareholders, led by Steven Small (“Small”) of Capital Partners. The Company’s Board and Management team remain focused on operating Dealnet and creating value for all shareholders and have not responded to every misstatement from Small and the dissident shareholders, but feel a responsibility to alert shareholders to not rely on the dissident communications for investment decisions. To cite but a few examples:Small stated “massive defaults and deferrals loom” in a May 28, 2020 press release. When the Q2 results are released by the Company, they will show that Small’s assertion was inaccurate given that delinquencies as of June 30, 2020...
Galera Therapeutics Completes Enrollment of Phase 1b/2a Clinical Trial of GC4419 in Combination with Radiotherapy for Locally Advanced Pancreatic Cancer
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MALVERN, Pa., July 13, 2020 (GLOBE NEWSWIRE) — Galera Therapeutics, Inc. (Nasdaq: GRTX), a clinical-stage biopharmaceutical company focused on developing and commercializing a pipeline of novel, proprietary small molecule therapeutics that have the potential to transform radiotherapy in cancer, today announced that it has completed patient enrollment in its pilot Phase 1b/2a safety and anti-cancer efficacy clinical trial of avasopasem manganese (GC4419) in combination with stereotactic body radiation therapy (SBRT) in patients with locally advanced pancreatic cancer (LAPC).Galera’s investigational, highly selective small molecule superoxide dismutase (SOD) mimetics are designed to rapidly and selectively convert superoxide to hydrogen peroxide and oxygen. These dismutase mimetics have potential anti-cancer synergy supported by positive...
Cristiano Veloso Acquires Securities of Verde AgriTech Plc
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BELO HORIZONTE, Brazil, July 13, 2020 (GLOBE NEWSWIRE) — Cristiano Veloso (the “Acquiror”) announces that he acquired 750,000 shares (the “Shares”) of Verde AgriTech Plc (TSX: “NPK”) (OTCQB: “AMHPF”) (the “Company”) on the exercise of stock options (the “Issuance”), on July 10, 2020. Prior to the Issuance, The Acquiror held 7,846,339 Shares representing approximately 16.49% of the issued and outstanding Shares. Following the Issuance, The Acquiror holds 8,596,339 Shares representing approximately 17.75% of the issued and outstanding Shares. The Acquiror received the Issuance shares at $0.425 per Share for total consideration of $318,750. The Acquiror acquired the Shares for investment purposes, and the Acquiror may, depending upon market and other conditions, increase or decrease his beneficial ownership, control or...
Parkland Corporation Announces July 2020 Dividend
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CALGARY, Alberta, July 13, 2020 (GLOBE NEWSWIRE) — Parkland Corporation (“Parkland”) (TSX:PKI) announces that a dividend of $0.1012 per share will be paid on August 14, 2020 to shareholders of record on July 22, 2020. The dividend will be an ‘eligible dividend’ for Canadian income tax purposes. The ex-dividend date is July 21, 2020.Enhanced Dividend Reinvestment PlanParkland’s enhanced Dividend Reinvestment Plan (“Enhanced DRIP”) allows shareholders to reinvest their cash dividends to purchase additional Parkland shares from treasury at a 5% per share discount to the average of the daily volume weighted average trading prices during the Pricing Period. For further details on the Enhanced DRIP and the Pricing Period, please visit www.parkland.ca/en/investors/dividends.Shareholders who wish to enroll...