Day: July 23, 2020
Record Revenue Driven by 48% Increase in Multiple System Operator (“MSO”) Revenue, 22% Increase in Community Broadband Revenue and 19% Increase in Tier 1 Revenue over Prior Year Quarter, Offset by Lower International Sales Continued Execution on Operational Effectiveness Initiatives and Favorable Product Mix Produces 41.5% Gross Profit Margin and Quarterly Record Gross Profit DollarsMINNEAPOLIS, July 23, 2020 (GLOBE NEWSWIRE) — Clearfield, Inc. (NASDAQ: CLFD), the specialist in fiber management for communication service providers, reported results for the fiscal third quarter ended June 30, 2020.Management Commentary“The third quarter of fiscal 2020 was a strong quarterly performance for Clearfield, as we achieved the highest level of revenue for any quarter in our history,” said Company President and CEO Cheri Beranek. “The $26.0...
Heartland Financial USA, Inc. Declares Dividend on Preferred Stock
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DUBUQUE, Iowa, July 23, 2020 (GLOBE NEWSWIRE) — Heartland Financial USA, Inc. (NASDAQ: HTLFP), today announced that it declared a dividend of $211.94 per share on its Series E Preferred Stock, which results in a dividend of $0.52986111 per depositary share, to stockholders of record on September 30, 2020, for payment on October 15, 2020.About Heartland Financial USA, Inc.Heartland is a diversified financial services company with assets of approximately $13.3 billion. The Company provides banking, mortgage, private client, investment, treasury management, card services, and insurance to individuals and businesses. Heartland currently has 114 banking locations serving 83 communities in Iowa, Illinois, Wisconsin, New Mexico, Arizona, Montana, Colorado, Minnesota, Kansas, Missouri, Texas and California. Additional information about...
American Pacific Mining Announces Corporate Update
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VANCOUVER, British Columbia, July 23, 2020 (GLOBE NEWSWIRE) — American Pacific Mining Corp (CSE: USGD / FWB: 1QC / OTCPK: USGDF) (“APM” or the “Company”) announces that it intends to extend the expiration date of 1,554,168 warrants (the “Warrants”) originally issued by the Company on July 29, 2019 pursuant to a non-brokered private placement by 60 calendar days.The Warrants are exercisable into common shares of the Company at a price of $0.60 per common share and currently have an expiry date of July 29, 2020, subject to an acceleration provision that provides that the Company may abridge the exercise period of the Warrants in the event (the “Trigger Event”) that the closing price of the common shares is greater than $0.75 for five or more consecutive trading days provided that (a) the Company gives notice of the Trigger Event by...
PyroGenesis Confirms Total Receipts of over $7.5MM in Payments Under $25M+ DROSRITE™ Contract
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MONTREAL, July 23, 2020 (GLOBE NEWSWIRE) — PyroGenesis Canada Inc. (http://www.pyrogenesis.com) (TSX-V: PYR) (OTCQB: PYRNF) (FRA: 8PY), a high-tech company, (the “Company”, the “Corporation” or “PyroGenesis”) that designs, develops, manufactures and commercializes plasma atomized metal powder, plasma waste-to-energy systems and plasma torch products, is pleased to confirm today that, in response to additional inquiries with respect to the subject matter, payments totaling over $7.5MM have been received to date under the exclusive contract with Drosrite International LLC (“DI”).“We decided to, once again, confirm the total payments received to date under the $25MM+ DROSRITE™ contract due to a large number of inquiries received from shareholders and investors,” said Mr. P. Peter Pascali, President and CEO of...
AGM Update – Virtual meeting only to be held
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TORONTO, July 23, 2020 (GLOBE NEWSWIRE) — Xanadu Mines Ltd (ASX: XAM | TSX:XAM) ( (Xanadu or the Company) advises that subsequent to the release on 26 June 2020 of the Notice of Meeting for the Company’s Annual General Meeting (AGM) to be held on Thursday, 30 July 2020, the Board has resolved that due to the ongoing COVID-19 pandemic, the AGM will now only be held as a Virtual Meeting online and that no shareholders will be allowed to attend the meeting in person.As a Virtual AGM, shareholders will be able to view a live webcast of the meeting, ask the Directors questions online and submit your votes in real time.To participate online on the day of the meeting, you will need to either:Visit https://web.lumiagm.com/387187905 on your smartphone, tablet or computer. You will need the latest versions of Chrome, Safari, Internet Explorer...
MBAF Promotes Javier Casabona and Jimmy Vora to Director
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MIAMI (July 15, 2020) – Nationally recognized public accounting firm MBAF has promoted two professionals to the position of director. The announcements were made by the firm’s Chairman and CEO, Tony Argiz.
Javier Casabona, CPA, has been promoted to director in the Audit department at MBAF’s Miami office. Since 2007, he has conducted attestation engagements for entities in various industries such as casinos, hospitality, health care, sport franchises, manufacturing, real estate and wholesale/distribution. Casabona specializes in auditing real estate and hospitality organizations under Generally Accepted Accounting Principles (GAAP), and his extensive experience includes hotels, casinos, commercial and residential real estate, among others. Casabona received a Bachelor of Accounting from Florida International University.
Jimmy Vora,...
Cartier Announces Upsizing of Previously Announced Private Placement of Flow-Through Shares
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VAL D’OR, Québec, July 23, 2020 (GLOBE NEWSWIRE) — Cartier Resources Inc. (TSX-V: ECR) (the “Company” or “Cartier’) announces that in connection with its previously announced best efforts private placement offering, the Company and Paradigm Capital Inc. (the “Agent”) have agreed to increase the size of the offering to up to aggregate gross proceeds of $8.5 million. The Company will now issue up to 19,767,500 common shares of the Company that qualify as “flow-through shares” (within the meaning of subsection 66(15) of the Income Tax Act (Canada) and section 359.1 of the Taxation Act (Québec)) (“FT Shares“) to be issued at C$0.43 per FT Share (the “Offering”).In addition, the Agent has been granted an option to sell up to that number of additional FT Shares for additional gross proceeds of up to C$1,275,004.Pursuant...
Cartier annonce une augmentation du placement privé d’actions accréditives précédemment annoncé
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VAL D’OR, Québec, 23 juill. 2020 (GLOBE NEWSWIRE) — Ressources Cartier Inc. (TSX-V: ECR) (la « société » ou « Cartier ») annonce que dans le cadre de son placement pour compte annoncé précédemment, la société et Paradigm Capital Inc. (le « placeur pour compte ») ont convenu d’augmenter la taille du placement jusqu’à concurrence d’un produit brut global de 8,5 millions de dollars. La société émettra désormais jusqu’à concurrence de 19 767 500 actions ordinaires de la société se qualifiant à titre d’ « actions accréditives » (au sens du paragraphe 66(15) de la Loi de l’impôt sur le revenu (Canada) et de l’article 359.1 de la Loi sur les impôts (Québec) (les « actions accréditives ») à un prix de 0,43 $ CAN par action accréditive (le « placement »).De plus, le placeur pour compte s’est vu octroyer une option de vendre un...
Mosana Khan Honored by Secured Finance Network
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BOSTON, MA, July 23, 2020 (GLOBE NEWSWIRE) — Gordon Brothers, the global advisory, restructuring, and investment firm, announced that Mosana Khan has been honored as a recipient of its 40 Under 40 Award for 2020 by the Secured Finance Network.“Mosana has done an extraordinary job of helping us reach new business milestones in our appraisal business throughout Canada. He is a consummate professional and a pleasure to have on our team. We are honored that he has been named as a member of the 40 Under 40 class of 2020,” said Frank Grimaldi, Senior Managing Director and North American Sales Manager for Valuations at Gordon Brothers. “We are grateful to the Secured Finance Network for recognizing him and his contributions to the industry,” he added.Mosana Khan is responsible for all valuation business development initiatives for Gordon...
Hexatronic stärker sitt systemerbjudande i USA med förvärvet av The Light Brigade
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Hexatronic Group AB (publ) 556168-6360Pressmeddelande 23 juli 2020Hexatronic stärker sitt systemerbjudande i USA med förvärvet av The Light BrigadeHexatronic Group AB (publ) (“Hexatronic”) har den 23 juli 2020 ingått avtal om förvärv av samtliga aktier i The Light Brigade Inc. (“Light Brigade”), en USA-baserad leverantör av fiberoptisk utbildning för bredbandskommunikation, trådlösa nätverk, tjänsteleverantörer, datacenter, energisektorn, olja och gas, gruvdrift och industrisektorer.Light BrigadeLight Brigade grundades 1990 och har utbildat mer än 60 000 personer inom fiberoptik. Huvudkontoret är baserat i Kent, Washington, och har instruktörer som är baserade i flera andra delstater för att kunna erbjuda utbildning över hela Nordamerika. De erbjuder utbildning i mer än 75 olika städer per år. Verksamheten fokuserar...