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Day: July 24, 2020

Northern California National Bank Announces 2020 Second Quarter Results

CHICO, Calif., July 24, 2020 (GLOBE NEWSWIRE) — Northern California National Bank (OTC markets: NCNB) reported net income of $1,680,000 for the six months ending June 30, 2020. This is a 12% increase in net income from the $1,495,000 earned in the first six months of 2019.   Financial Highlights for the quarter ended June 30, 2020Total assets were $304.0 million at June 30, 2020, an 18% increase from the June 30, 2019 balance of $258.0 million.Gross Loans totaled $139.0 million, up 36% from $102.5 million a year ago.Deposits increased 13% to a balance of $263.6 million at June 30, 2020 versus a balance of $233.2 million in 2019.Total shareholder’s equity increased from $24.4 million at June 30, 2019 to $28.3 million in 2020. The book value per common share was $19.56 at June 30, 2020 compared to $17.03 at June 30, 2019.The Allowance...

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BOTS, INC. TO REPURPOSE THE FIRST BITCOIN CRYPTOCURRENCY “BIT” AND USE IT TO PAY AN INCOME PRODUCING ASSET AS DIVIDEND TO SHAREHOLDERS

SAN JUAN, PUERTO RICO, July 24, 2020 (GLOBE NEWSWIRE) — SAN JUAN, PUERTO RICO, July 24, 2020 (GLOBE NEWSWIRE) — via NEWMEDIAWIRE — BOTS, Inc. (OTC: BTZI) (EXCHANGE: M06.SG), an emerging innovator of products, technologies, and services for the rapidly growing digital robotic automation and manufacturing industry announced today that it is in the process of repurposing and renaming FIRST BITCOIN (COIN:BIT) into the “Basic Income Token” while retaining “BIT” as the digital currency’s symbol.There is a growing demand for a socialistic Universal Basic Income scheme in the United State of America heralded by former presidential candidate Andrew Yang, however, our capitalistic concept is to deliver an asset to our shareholders that produces income simply by keeping their wallets opened. The more wallets that remain open, the...

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Puma Exploration Closes $962,500 Private Placement

RIMOUSKI, Quebec, July 24, 2020 (GLOBE NEWSWIRE) — Puma Exploration Inc., PUMA-TSXV, (“Puma”) is pleased to announce the closing of the fully subscribed current private placement for an amount of $962,500. The Company issued 17.5 million units (“Units”) at the price of $0.055 per Unit. Each unit comprises one common share and one common share purchase warrant. Each warrant gives its holder the right to purchase one common share at a price of $0.10 per share until July 24, 2022.In connection with the private placement, the company has paid cash finders’ fees in an amount of $35,545.60 and issued 646,283 finders’ warrants, each entitling the holder to acquire one additional common share of Puma at a price of $0.055 for 24 months. All securities issued to purchasers and finders under the offering are subject to a four-month...

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Golden Minerals Announces Closing of $8.6 Million Bought Deal Offering and Full Exercise of the Option to Purchase Additional Shares

GOLDEN, Colo., July 24, 2020 (GLOBE NEWSWIRE) — Golden Minerals Company (NYSE American and TSX: AUMN) (“Golden Minerals”, “Golden” or “the Company”) announced today the closing of its previously announced public underwritten offering of 20,535,714 shares of common stock of the Company, including the exercise in full by the underwriter of its option to purchase an additional 2,678,571 shares of common stock, at a price to the public of $0.42 per share. The gross proceeds to Golden from the offering, before deducting underwriting discounts and commissions and other offering expenses payable by Golden, were approximately $8.6 million.H.C. Wainwright & Co. acted as the sole book-running manager for the offering.The shares of common stock described above were offered by the Company pursuant to a “shelf” registration...

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Baltic Horizon Fund declares quarterly cash distribution of approx. EUR 1.70 million to investors

Northern Horizon Capital AS as the management company of Baltic Horizon Fund (the Fund) has approved a cash distribution of approx. 1.14% of the Fund’s Q2 2020 weighted average net asset value to its unitholders. This equals to approx. EUR 1.70 million in total and EUR 0.015 per unit. The pay-out also represents a 7.2% rolling distribution yield for the past 12 months based on the closing unit price of the last day of Q2 2020 on the Nasdaq Tallinn stock exchange.In Q2 2020, the Fund generated an unaudited Generated Net Cash Flow from operations of approx. EUR 2.56 million and EUR 0.023 per unit. With a reduced payout of EUR 1.70 million in the light of prevailing market uncertainty, the Fund has opted to retain EUR 0.86 million of distributable cash flow. Over the past two quarters, the Fund has increased its cash distribution reserve...

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Baltic Horizon Fund declares quarterly cash distribution of approx. EUR 1.70 million to investors

Northern Horizon Capital AS as the management company of Baltic Horizon Fund (the Fund) has approved a cash distribution of approx. 1.14% of the Fund’s Q2 2020 weighted average net asset value to its unitholders. This equals to approx. EUR 1.70 million in total and EUR 0.015 per unit. The pay-out also represents a 7.2% rolling distribution yield for the past 12 months based on the closing unit price of the last day of Q2 2020 on the Nasdaq Tallinn stock exchange.In Q2 2020, the Fund generated an unaudited Generated Net Cash Flow from operations of approx. EUR 2.56 million and EUR 0.023 per unit. With a reduced payout of EUR 1.70 million in the light of prevailing market uncertainty, the Fund has opted to retain EUR 0.86 million of distributable cash flow. Over the past two quarters, the Fund has increased its cash distribution reserve...

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Baltic Horizon Fund teeb investoritele väljamakse summas ligikaudu 1,70 miljonit eurot

Northern Horizon Capital AS kui Baltic Horizon fondi (Fond) fondivalitseja võttis vastu otsuse teha osakuomanikele rahaline väljamakse ligikaudu 1.14% ulatuses Fondi 2020.a. teise kvartali kaalutud keskmisest puhasväärtusest. Väljamakse suurus kokku on ligikaudu 1.70 miljonit eurot, mis ühe osaku kohta on 0,015 eurot. Väljamakse viimase 12 kuu jooksev tootlus on 7,2%, mis põhineb Tallinna börsil oleva osaku teise kvartali viimase päeva sulgemishinnal.Fondi 2020 a. II kvartali auditeerimata genereeritud neto rahavoog äritegevusest oli ligikaudu 2,56 miljonit eurot, mis ühe osaku kohta on 0,023 eurot. Turul valitseva ebakindluse tõttu vähendatud väljamaksega 1,70 miljonit eurot otsustas Fond säilitada 0,86 miljonit eurot jaotatavat rahavoogu. Viimase kahe kvartali jooksul on Fond suurendanud väljamaksete reservi 3,43 miljoni euroni. Fondivalitseja...

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Kalytera Announces Escrowed Closing of Private Placement of Common Shares and Common Share Purchase Warrants

SAN FRANCISCO, July 24, 2020 (GLOBE NEWSWIRE) — Kalytera Therapeutics, Inc. (TSX VENTURE: KLY and OTC: KALTF) (the “Company” or “Kalytera“) announced today that on and effective July 22, 2020 it has closed in escrow its previously announced non-brokered private placement (the “Private Placement”) of units comprised of common shares (“Shares”) and one half common share purchase warrants (“Warrants”) in the capital of the Company in the amount of gross proceeds of $317,970.49 from the issuance of 21,198,033 Shares and 10,599,017 Warrants.  Each unit had a purchase price of $0.015 per unit. Each full common share purchase warrant will have an exercise price of CDN $0.05, and a term of 24 months. At any time on or after the date that is 4 months from the closing date, if the daily volume weighted average trading...

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Northeast Bank Announces Dates for Fiscal 2020 Fourth Quarter Earnings Results and Conference Call

PORTLAND, Maine, July 24, 2020 (GLOBE NEWSWIRE) — Northeast Bank (the “Bank”) (NASDAQ: NBN), a Maine-based full-service bank, announced today it will release its fiscal 2020 fourth quarter earnings results on Wednesday, July 29, 2020. Following the release, the Bank will host a conference call with a simultaneous webcast at 10:00 a.m. EDT on Thursday, July 30, 2020. The conference call will be hosted by Rick Wayne, President and Chief Executive Officer, JP Lapointe, Chief Financial Officer, and Pat Dignan, Executive Vice President and Chief Credit Officer.Investors can access the call by dialing 877.878.2762 and providing the following conference ID#: 2496196. The call will be available via live webcast, which can be viewed by accessing the Bank’s website at www.northeastbank.com and clicking on the Investor Relations section. To...

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Mineworx Announces Extension of Private Placement Closing Date

Not for Distribution to United States Newswire Services or for Dissemination in the United StatesSURREY, British Columbia, July 24, 2020 (GLOBE NEWSWIRE) — Mineworx Technologies Ltd., (the “Company” or “Mineworx“) (TSXV: MWX) announces that it has received an extension from the TSX Venture Exchange (“TSX-V”) with respect to the duration of its previously announced private placement (the “Private Placement”) (please see the Company’s press releases dated June 9, 2020 and June 17, 2020). The outside date upon which final acceptance of the Private Placement will be granted by the TSX-V has been extended to August 14, 2020. The Company applied for an extension to accommodate investors who have been unable to complete their subscriptions to due to delays caused by COVID-19.About MineworxMineworx is positioned...

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