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Day: July 23, 2020

Staffing 360 Solutions to Host Fiscal Second Quarter and Six-Month Financial Results Investor Conference Call

NEW YORK, July 23, 2020 (GLOBE NEWSWIRE) — Staffing 360 Solutions, Inc. (NASDAQ: STAF), a company executing an international buy-integrate-build strategy through the acquisition of domestic and international staffing organizations in the United States and United Kingdom, today announced it will report its fiscal second quarter and six-month financial results after the market close on Tuesday, August 11, 2020.The Company will host a conference call on Wednesday, August 12th at 9:00am Eastern Time to discuss financial results, the COVID-19 environment, and recent positive business developments.Conference CallThe Participant Dial-In Number for the conference call is 646-828-8143. Participants should dial in to the call at least five minutes before 9:00am ET August 12, 2020. The call can also be accessed “live” online at...

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Capital Bancorp Reports Second Quarter 2020 Net Income of $4.8 million

Record 64% growth in OpenSky® Credit Cards accounts drove a $47.2 million increase in noninterest bearing secured credit card depositsRecord Mortgage Loan Originations of $315.2 million and record Mortgage Banking Revenue of $10.1 millionIncrease in Net Income Supported by Business DiversificationRobust Common Equity Tier 1 capital ratio of 12.39%Credit provisions increased the ratio of the allowance for loan losses (“ALLL”) to total loans to 1.30%, or 1.54% excluding Small Business Administration Payroll Protection Program (“PPP”) loansROCKVILLE, Md., July 23, 2020 (GLOBE NEWSWIRE) — Capital Bancorp, Inc. (the “Company”) (NASDAQ: CBNK), the holding company for Capital Bank, N.A. (the “Bank”), today reported net income of $4.8 million, or $0.34 per diluted share, for the second quarter...

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Veritas Farms Launches Certificate of Analysis Finder, Redesigned E-Commerce HomePage to Enhance Transparency and Customer Experience

Fort Lauderdale, FL, July 23, 2020 (GLOBE NEWSWIRE) — via NEWMEDIAWIRE — Veritas Farms, Inc. (OTCQB: VFRM) (“Veritas Farms” or the “Company”), a vertically integrated agribusiness focused on the production of full spectrum hemp oil products with naturally occurring cannabinoids, is pleased to announce the Company has made significant upgrades to its customer transparency efforts and its e-commerce platform by launching a Certificate of Analysis Finder, a redesigned homepage, and additional functionalities on its website, www.theveritasfarms.com.The Certificate of Analysis (COA) Finder added to the website makes all of the Company’s third-party test results available to customers either through a product lot number search or a search by product type.All Veritas Farms’ Certificates of Analysis are provided by I.S.O. (International...

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Monaker Group Enters Into Agreement to Acquire Technology Leader HotPlay and 33% Interest in Axion Ventures, Inc. 

Combined Entity to Engage Consumers Worldwide Through Digital Advertising, Gaming and Travel PlatformsWESTON, FL, July 23, 2020 (GLOBE NEWSWIRE) — via NEWMEDIAWIRE — Monaker Group, Inc. (NASDAQ: MKGI) (the “Company”), a technology leader in the travel and vacation rental markets, today announced it has entered into binding definitive share exchange agreements (the “Agreements”) relating to the proposed acquisition of 100% of the outstanding shares of HotPlay Enterprise Limited (a private British Virgin Islands Company) from the shareholders of such entity for a majority stake in the Company.  The Company will also acquire shares and certain loans of Axion Ventures, Inc. (Axion) from related shareholders of HotPlay who also control a minority interest in Axion and have provided a majority of the credit to Axion. Under the terms...

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Westport Fuel Systems to Announce Second Quarter Results on Thursday, August 6, 2020

VANCOUVER, British Columbia, July 23, 2020 (GLOBE NEWSWIRE) — Westport Fuel Systems Inc. (“Westport Fuel Systems” or the “Company”) (TSX:WPRT / Nasdaq:WPRT) today announced that it will disclose its financial results for the second quarter ended June 30, 2020 on Thursday, August 6, 2020 after market close. To coincide with the disclosure, Westport Fuel Systems has also scheduled a conference call for Friday, August 7, 2020 at 10:30am Eastern Time (7:30am Pacific Time).Live Conference Call & WebcastThe public is invited to listen to the conference call in real time by telephone or webcast. To access the conference call by telephone, please dial: 1-800-319-4610 (Canada & USA toll-free) or 604-638-5340. The live webcast of the conference call can be accessed through the Westport Fuel Systems website at http://wfsinc.com/investors/financials.Replay...

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West Bancorporation, Inc. Announces Second Quarter 2020 Net Income, Declares Quarterly Dividend

WEST DES MOINES, Iowa, July 23, 2020 (GLOBE NEWSWIRE) — West Bancorporation, Inc. (Nasdaq: WTBA; the “Company”), parent company of West Bank, today reported that second quarter 2020 net income was $8.0 million, or $0.48 per diluted common share, compared to second quarter 2019 net income of $6.7 million, or $0.41 per diluted common share. For the first six months of 2020, net income was $16.1 million, or $0.97 per diluted common share, compared to $13.6 million, or $0.83 per diluted common share, for the first six months of 2019. On July 22, 2020, the Company’s Board of Directors declared a regular quarterly dividend of $0.21 per common share, the same amount as in the previous five quarters. The dividend is payable on August 19, 2020, to stockholders of record on August 5, 2020.“The COVID-19 pandemic has created unprecedented challenges...

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Union Dental Holdings Announces New Board Member

Mauldin, South Carolina , July 23, 2020 (GLOBE NEWSWIRE) — Union Dental Holdings, Inc. (OTC PK: UDHI) – The Company announces that Mr. Steve Gravely, President of The Consulting Group of Jocassee, Inc., has joined the Board of Directors. Mr. Gravely has been responsible for the start-up of 25 manufacturing plants around the world and over 300 new product introductions for large corporations such as Michelin, AT&T, NCR, Fluor/Maruti (India), and General Motors. Formerly a Director of Operations for AT&T’s Global Information Solutions (NCR) for both North American and South America, he was responsible for the operation of manufacturing facilities in Brazil, California, and South Carolina.  He led a high-level corporate acquisition team in the takeover of the third largest computer operation in Brazil. He owns the computer...

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Westport Fuel Systems Secures US$10 Million Credit Facility from Export Development Canada

~Strengthens liquidity to weather the impact of COVID-19~VANCOUVER, British Columbia, July 23, 2020 (GLOBE NEWSWIRE) — Westport Fuel Systems Inc. (“Westport Fuel Systems” or the “Company”) (TSX:WPRT / Nasdaq:WPRT) today announced that they have closed a US$10 million term credit facility (the “facility”) from Export Development Canada (“EDC”) to bolster liquidity during the COVID-19 pandemic.The credit facility from EDC enables the Company to make periodic requests for advances for a period of nine months from the date of the Amended and Restated Loan Agreement and has a final maturity date twelve months from the date of the Agreement. The facility’s interest rate is US Prime + 3.00% per annum on drawn amounts and has no prepayment penalty or standby charge. On March 25, 2020, the Company, in partnership with EDC, announced that...

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Veru Receives Positive Input from FDA on Phase 3 Pivotal Trial to Evaluate VERU-111 in Metastatic Castration Resistant Prostate Cancer

MIAMI, July 23, 2020 (GLOBE NEWSWIRE) — Veru Inc. (NASDAQ: VERU), an oncology and urology biopharmaceutical company with a focus on developing novel medicines for the management of prostate cancer, today announced that it has received regulatory clarity from the U.S. Food and Drug Administration (FDA) on the pivotal Phase 3 trial design for VERU-111—its oral, first-in-class, novel alpha and beta tubulin targeting drug candidate being evaluated for the treatment of metastatic castration and novel androgen-blocking agent resistant prostate cancer. “Input from the FDA was very positive and constructive regarding the VERU-111 pivotal Phase 3 trial design. We received clarity that the indication, metastatic castration and novel androgen blocking agent resistant prostate cancer, which is a prechemotherapy population, was acceptable, and...

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Corvus Pharmaceuticals to Provide Business Update and Report Second Quarter 2020 Financial Results on July 30, 2020

BURLINGAME, Calif., July 23, 2020 (GLOBE NEWSWIRE) — Corvus Pharmaceuticals, Inc. (NASDAQ: CRVS), a clinical-stage biopharmaceutical company, today announced that the Company will host a conference call and webcast on July 30, 2020 at 4:30 pm ET (1:30 pm PT) to provide a business update and report second quarter 2020 financial results. The conference call can be accessed by dialing 1-855-327-6837 (toll-free domestic) or 1-631-891-4304 (international) and using the conference ID 10010533. The live webcast may be accessed via the investor relations section of the Corvus website. A replay of the webcast will be available on Corvus’ website for 90 days.About Corvus PharmaceuticalsCorvus Pharmaceuticals is a clinical-stage biopharmaceutical company. Corvus’ lead product candidates are ciforadenant (CPI-444), a small molecule inhibitor...

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