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Day: July 23, 2020

Mid Penn Bancorp, Inc. Reports Record Quarterly Earnings and Declares Dividend

MILLERSBURG, Pa., July 23, 2020 (GLOBE NEWSWIRE) — Mid Penn Bancorp, Inc. (“Mid Penn”) (NASDAQ: MPB), the parent company of Mid Penn Bank (the “Bank”), today reported net income to common shareholders (earnings) for the quarter ended June 30, 2020 of $6,833,000 or $0.81 per common share basic and diluted, compared to earnings of $4,403,000 or $0.52 per common share basic and diluted for the quarter ended June 30, 2019.  Both the quarterly net income and the quarterly earnings per share represent the highest on record for Mid Penn Bancorp, Inc.  Earnings for the six months ended June 30, 2020 were $10,651,000 or $1.26 per common share basic and diluted, compared to earnings of $8,480,000 or $1.00 per common share basic and diluted for the six months ended June 30, 2019.Tangible book value per common share, a non-GAAP measure that...

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Archrock Announces Timing for Second Quarter 2020 Results

HOUSTON, July 23, 2020 (GLOBE NEWSWIRE) — Archrock, Inc. (NYSE:AROC) (“Archrock”) will host a conference call on Friday, July 31, 2020, to discuss its second quarter 2020 financial and operating results. The call will begin at 11:00 a.m. Eastern Time. Archrock will release its second quarter 2020 earnings report prior to the conference call. To listen to the call via a live webcast, please visit Archrock’s website at www.archrock.com. The call will also be available by dialing 1-877-407-0784 in the United States and Canada, or 1-201-689-8560 for international calls. A replay of the conference call will be available on Archrock’s website for approximately seven days. Also, a replay may be accessed by dialing 1-844-512-2921 in the United States and Canada, or 1-412-317-6671 for international calls. The access code is 13706627.About...

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Erdene Announces $20 Million Financing Led by $15 Million Strategic Investment From Eric Sprott

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF U.S. SECURITIES LAWS      HALIFAX, Nova Scotia, July 23, 2020 (GLOBE NEWSWIRE) — Erdene Resource Development Corporation (TSX:ERD | MSE:ERDN) (“Erdene” or the “Company”) is pleased to announce a non-brokered private placement of approximately C$20 million (“Private Placement”), led by a $15 million strategic investment from Mr. Eric Sprott. Paradigm Capital acted as lead financial advisor to Erdene on the transaction. Haywood Securities acted as co-advisor.“We are very pleased to have Mr. Sprott as a significant shareholder of Erdene,” said Mr. Peter Akerley, Erdene’s President and CEO. “His investment is a strong endorsement of Erdene’s high-grade Bayan Khundii Gold...

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Goldfield Announces Schedule for Second-Quarter 2020 Earnings Release and Conference Call

MELBOURNE, Fla., July 23, 2020 (GLOBE NEWSWIRE) — The Goldfield Corporation (NYSE American: GV), a leading provider of electrical construction services for the utility industry and industrial customers through its subsidiaries Power Corporation of America, C and C Power Line, Inc., Precision Foundations, Inc., and Southeast Power Corporation, with operations primarily in the Southeast, mid-Atlantic and Texas-Southwest regions of the United States, today announced it will issue second quarter 2020 financial results after the market closes on Wednesday, August 5. Investors can access the financial results (including any information required by Regulation G) at http://ir.goldfieldcorp.com/financial-results.The Company’s President and Chief Executive Officer John H. Sottile and Chief Financial Officer Stephen R. Wherry will host a conference...

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Imperial Mining Announces Closing of Second and Final Tranche of a Private Placement of Shares

MONTREAL, July 23, 2020 (GLOBE NEWSWIRE) — Imperial Mining Group Ltd. (“Imperial” or the “Corporation”) (TSX VENTURE: IPG) is pleased to announce that it closed the second and last tranche of a non-brokered private placement today (the “Offering”) of 1,515,000 shares on a “flow-though” basis at a prices of $0.07 per share and 15 414 998 units (each, a “Unit”) at a price of $0.055 per Unit for an aggregate gross proceeds $953,875. Each Unit is comprised of one (1) common share (each a “Share”) and one Share purchase warrant, with each warrant entitling the holder to acquire one (1) additional Share of the Corporation at a price of $0.055 over a period of 24 months from the closing date.The Corporation was able to raise a total of $1,391,285 in the Offering, $232,050 in shares and $1,159,235 in Units.The Corporation will...

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Plus Therapeutics to Present at the YAFO Access China Partnering Conference on July 30, 2020

AUSTIN, Texas, July 23, 2020 (GLOBE NEWSWIRE) — Plus Therapeutics, Inc. (Nasdaq: PSTV) (the “Company”) today announced that it will be presenting at the YAFO ACCESS CHINA – 2020 Summer Online Partnering Day on Thursday, July 30 at 10:00 pm EST.  Dr. Marc Hedrick, President and CEO of Plus Therapeutics, will be hosting the presentation and answering questions from investors.To access the live presentation, please use the following information:If you would like to register for the event, you may purchase a free Live Day Attendee Ticket or Video on Demand Attendee Ticket here:https://www.eventbrite.com/e/access-china-2020-summer-online-partnering-day-tickets-106868540682If investors are unable to make the live presentation, a replay-day will be arranged one week later and a link will be posted to the Company’s website.About YAFO...

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EHang Announces New Regionalized Marketing Management Team and Changes to Board Composition

GUANGZHOU, China, July 23, 2020 (GLOBE NEWSWIRE) — EHang Holdings Limited (Nasdaq: EH) (“EHang” or the “Company”), the world’s leading autonomous aerial vehicle (“AAV”) technology platform company, today announced the appointment of a new regionalized marketing management team. Mr. Edward Xu, the Company’s Chief Strategy Officer, will lead the marketing activities outside of Europe, and Mr. Andreas Perotti, Chief Marketing Officer of EHang Europe, will lead the marketing activities in Europe. EHang has established an international team in Europe to further enhance its local presence and operations, which is a part of the Company’s strategic expansion initiative as a global AAV technology company.Prior to joining EHang, Mr. Xu served as the Head of Asia Transportation Research at Morgan Stanley Asia Limited. During his 15-year...

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Baytex Conference Call and Webcast on Second Quarter 2020 Results to be Held on July 30, 2020

CALGARY, Alberta, July 23, 2020 (GLOBE NEWSWIRE) — Baytex Energy Corp. (TSX, NYSE: BTE) will release its 2020 second quarter financial and operating results after the close of markets on Wednesday July 29, 2020.  A conference call and webcast will be held on Thursday July 30, 2020 discuss the results.An archived recording of the conference call will be available shortly after the event by accessing the webcast link above. The conference call will also be archived on the Baytex website at www.baytexenergy.com.Baytex Energy Corp. is an oil and gas corporation based in Calgary, Alberta. The company is engaged in the acquisition, development and production of crude oil and natural gas in the Western Canadian Sedimentary Basin and in the Eagle Ford in the United States. Approximately 83% of Baytex’s production is weighted toward crude...

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CapStar Financial Holdings, Inc. Reports Second Quarter 2020 Results

NASHVILLE, Tenn., July 23, 2020 (GLOBE NEWSWIRE) — CapStar Financial Holdings, Inc. (“CapStar”) (NASDAQ:CSTR) today reported second quarter net income of $6.2 million and pre-tax pre-provision income of $9.6 million.  Diluted earnings per share were $0.34, an increase of $0.03 from the second quarter of 2019. Excluding merger-related charges, diluted operating(1) earnings per share were $0.36, a decline of $0.02 from the second quarter of 2019. Return on average assets and return on average equity for the second quarter of 2020 were 1.06% and 8.83%, respectively.  On an operating basis, return on average assets was 1.11% and return on average tangible common equity was 11.02%.  Net income for the quarter included provision for loan losses of $1.6 million, severance expense of $1.4 million, and merger related expenses of $448,000.“I...

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Conformis, Inc. to Present at the Canaccord Genuity 40th Annual Growth Conference

BILLERICA, Mass., July 23, 2020 (GLOBE NEWSWIRE) — Conformis, Inc. (NASDAQ:CFMS) announced today that management will present at the Canaccord Genuity 40th Annual Growth Conference. The event is being held virtually and will take place between August 11 and 13, 2020.  For more information, please visit https://www.canaccordgenuity.com/capital-markets/about-us/events.Webcasted PresentationThe live webcast of the presentation will be available by visiting the Company’s Investor Relations website at http://ir.conformis.com/events on Wednesday, August 12, 2020.  The webcast will be available for replay on the Company’s website following the event.About Conformis, Inc.Conformis is a medical technology company that uses its proprietary iFit Image-to-Implant technology platform to develop, manufacture, and sell joint replacement implants...

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