Day: July 17, 2020
FRANKLIN, Ind., July 17, 2020 (GLOBE NEWSWIRE) — IBC Advanced Alloys Corp. (“IBC” or the “Company”) (TSX-V: IB; OTCQB: IAALF) announced today that, subject to regulatory approval, it has granted stock options to acquire an aggregate of 200,000 common shares each to non-executive directors of the Company under its stock option plan. Each option is exercisable following a vesting schedule over three years to acquire one common share at a price of C$0.21 per share.On Behalf of the Board of Directors:“Mark A. Smith”DirectorCONTACTS:Mark A. Smith, CEO and ChairmanJim Sims, Investor and Public Relations+1 (303) 503-6203Email: jsims@policycom.comWebsite: www.ibcadvancedalloys.com@IBCAdvanced $IB $IAALFABOUT IBC ADVANCED ALLOYS CORP.IBC is a leading beryllium and copper advanced alloys company serving a variety of industries such as defense,...
LOMIKO METALS ENGAGES KENMAR SECURITIES AS EXCLUSIVE ADVISOR TO RAISE $ 40 MILLION CDN FOR ACQUISITION AND DEVELOPMENT OF CRITICAL METALS PROJECTS
Written by Customer Service on . Posted in Public Companies.
Vancouver, B.C., July 17, 2020 (GLOBE NEWSWIRE) — Lomiko Metals Inc. (TSX-V: LMR, OTC: LMRMF, FSE: DH8C) (Lomiko or the “Company”) announces that it has engaged Kenmar Securities, LLC of New York (“The Advisor”) to raise $ 40 million Cdn for acquisition and development of critical metals projects. Kenmar Securities, LLC, is a Delaware limited liability corporation and SEC-registered securities broker-dealer and FINRA member.The Advisor will assist the Company in analyzing its business, operations, properties, financial condition and prospects, prepare suitable marketing materials, contact any potential partner companies, assist and advise the Company with respect to the financial form and structure of any potential transaction. “This year is the start of the Electric Vehicle Revolution. Lomiko would like to become part of the Battery...
Disposition of Shares of Orford Mining Corporation
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TORONTO, July 17, 2020 (GLOBE NEWSWIRE) — In accordance with regulatory requirements, Dundee Corporation (TSX: DC.A) (“Dundee”) announces that, through its wholly owned subsidiary, Dundee Resources Limited it has sold 8,463,013 common shares (“Shares”) of Orford Mining Corporation (TSXV:ORM) (the “Issuer”) at a price of $0.09 per share for aggregate consideration of $761,671.Immediately prior to the disposition of securities described in this news release, Dundee owned or controlled 12,975,577 common shares and warrants to purchase up to 289,992 common shares of the Issuer representing an approximate 13.63% interest in the Issuer on an undiluted basis and 13.90% on a partially diluted basis. Immediately following the transaction that triggered the requirement to file this news release, Dundee owns 4,512,564 common shares and warrants...
WPT Industrial Real Estate Investment Trust Announces July 2020 Distribution
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TORONTO, July 17, 2020 (GLOBE NEWSWIRE) — WPT Industrial Real Estate Investment Trust (the “REIT”) (TSX: WIR.U; WIR.UN) (OTCQX: WPTIF) announced today that its Board of Trustees has declared a cash distribution for the month of July 2020 of US$0.0633 per unit. The distribution will be payable on August 17, 2020 to unitholders of record as of the close of business on July 31, 2020.Distributions paid to Canadian unitholders (and other non-U.S. unitholders) generally will be subject to U.S. withholding tax. For a general summary of the taxation of distributions paid to Canadian unitholders, including information regarding U.S. withholding tax, please see the “Certain Canadian Federal Income Tax Considerations”, “Certain U.S. Federal Income Tax Considerations” sections of the REIT’s prospectus dated April 18, 2013, and “Risk Factors...
CytoDyn’s CEO Dr. Pourhassan to Appear on DrBeen Webcast Tomorrow July 18, 2020
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Dr. Pourhassan and Mobeen Syed, M.D., M.S. will discuss the Company’s multi-pathway to exploring the many potential opportunities for leronlimab, including COVID-19VANCOUVER, Washington, July 17, 2020 (GLOBE NEWSWIRE) — CytoDyn Inc. (OTC.QB: CYDY), (“CytoDyn” or the “Company”), a late-stage biotechnology company developing leronlimab (PRO 140), a CCR5 antagonist with the potential for multiple therapeutic indications, announced today Nader Pourhassan, Ph.D., President and Chief Executive Officer of CytoDyn will be interviewed on the DrBeen webcast hosted by Mobeen Syed, M.D., M.S. on Saturday, July 18, 2020 at 6:00 pm PT. The interview will be available simultaneously on two channels:YouTube – DrBeen Medical LecturesLink: https://www.youtube.com/c/USMLEOnlineFacebook: DrBeen MedicalLink: https://m.facebook.com/drbeenmedicalDate: ...
Right Time Completes Acquisition of M&R Heating
Written by Customer Service on . Posted in Mergers And Acquisitions.
ST. CATHARINES, Ontario, July 17, 2020 (GLOBE NEWSWIRE) — Right Time Heating and Air Conditioning Canada (“Right Time” or the “Company”) is pleased to announce the acquisition of Moore & Russell Heating LTD (“M&R Heating”). Founded in 1963, M&R Heating provides residential HVAC and hot water services to the Vancouver market from its branch in Coquitlam, British Columbia. Management and employees of M&R Heating will join the Right Time team and will benefit from Right Time’s management and training capabilities as well as support of the Company’s executive leadership based in St. Catharines, Ontario.M&R Heating is the third acquisition completed by Right Time, following its partnership with Toronto-based Clairvest Group in November 2018. Right Time continues to grow in its existing markets by providing industry...
DHT Holdings, Inc. to announce second quarter 2020 results Monday August 10, 2020
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HAMILTON, BERMUDA, July 17, 2020 – DHT Holdings, Inc. (NYSE: DHT) (the “Company”) will release its second quarter 2020 results after market close on Monday August 10, 2020.The Company will host a conference call and webcast, which will include a slide presentation at 8:00 a.m. EST/14:00 CET on Tuesday August 11, 2020 to discuss the results for the quarter. The conference call may be accessed by calling +1 646 741 3167 within the United States,21 56 30 15 within Norway and +44 (0) 2071 928338 for international callers. The confirmation code is “1249655”.The webcast which will include a slide presentation will be available on the following link:https://edge.media-server.com/mmc/p/i54k3tis and can also be accessed in the Investor Relations section on DHT’s website at http://www.dhtankers.com.About DHT Holdings, Inc.DHT is an...
DCP Midstream to Host Conference Call on August 6 to Discuss Second Quarter 2020 Financial Results
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DENVER, July 17, 2020 (GLOBE NEWSWIRE) — DCP Midstream, LP (NYSE: DCP) will host a conference call to discuss its second quarter 2020 earnings at 10:00 a.m. ET on Thursday, August 6, 2020, which will be released after the New York Stock Exchange closes for trading on Wednesday, August 5, 2020.The live audio webcast of the conference call and accompanying presentation slides can be accessed through the Investors section on the DCP website at www.dcpmidstream.com and the conference call can be accessed by dialing (844) 233-0113 in the United States or (574) 990-1008 outside the United States. The conference confirmation ID number is 8398286.A replay of the conference call will be available until August 20, 2020, by dialing (855) 859-2056 in the United States or (404) 537-3406 outside the United States and using the above conference...
DHT Holdings, Inc. announces notice of redemption all of its outstanding 4.5% Convertible Senior Notes due 2021
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HAMILTON, BERMUDA, July 17, 2020 – DHT Holdings, Inc. (NYSE:DHT) (the “Company”) announces that it has sent notice of its intention to redeem all of the Company’s outstanding 4.5% Convertible Senior Notes due 2021 (CUSIP No. 23335SAD8) (the “Securities”), on August 21, 2020 (the “Redemption Date”), at a price equal to (a) 100% of the principal amount of Securities being redeemed plus (b) accrued and unpaid interest, if any, to, but excluding, the Redemption Date. The Securities may be converted into shares of common stock of the Company at any time before the close of business on August 20, 2020, upon satisfaction of the requirements therefor set forth in the Indenture. The Conversion Rate for the Securities is 187.0208 shares of common stock per $1,000 principal amount of Securities.The details concerning the terms and conditions of...
Genesis Health Clubs Announces Acquisition of all Seven Locations of The Athletic Clubs
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WICHITA, Kan., July 17, 2020 (GLOBE NEWSWIRE) — Fresh off its recent expansion in Des Moines, Iowa, Genesis Health Clubs today announced the acquisition of all seven locations of The Athletic Clubs, formerly known as Prairie Life Fitness, across three states.Rodney Steven II, Genesis Health Clubs President and Owner, emphasized how perfect this acquisition was to the company. “Opportunities like this don’t come along very often. The Athletic Clubs are a strong, amenity-rich organization that fits our model perfectly, and they are present in key markets for us. This helps us to really consolidate and strengthen our footprint in an almost perfect way. You couldn’t make up a better acquisition for us.”The Athletic Clubs Owner Tony Dahmen agreed. “We’ve enjoyed competing with Genesis. You want the...