Day: July 27, 2020
TORONTO, July 27, 2020 (GLOBE NEWSWIRE) — Fortress Technologies Inc. (TSX-V: FORT) (“Fortress” or the “Company”) today announced that it intends commence a normal course issuer bid (the “NCIB”) to purchase for cancellation from time to time up to an aggregate of 5,688,227 common shares of the Company (“Common Shares”), representing 8.0% of the Company’s issued and outstanding Common Shares and 10% of the Company’s “Public Float” (as such term is defined in the TSX-V Corporate Finance Manual) as of July 27, 2020.Fortress may purchase common shares under the NCIB over the next twelve-month period beginning on or about July 29, 2020. The NCIB will terminate upon the earliest of (i) the Company purchasing 5,688,227 Common Shares, (ii) the Company providing notice of termination of the NCIB, and (iii) July 28, 2021.Fortress has engaged...
Sienna Senior Living Inc. Provides Business Update
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MARKHAM, Ontario, July 27, 2020 (GLOBE NEWSWIRE) — Sienna Senior Living Inc. (“Sienna” or the “Company”) (TSX: SIA) today provided the following business update.Since the onset of COVID-19, the Company has been singularly focused on steering Sienna through the crisis, learning from it, and positioning Sienna to come out stronger. The health and well-being of our residents and team members remains Sienna’s top priority.“To date, we have made good progress in implementing important measures in our fight against COVID-19,” said Nitin Jain, President and CEO. “We will take all necessary steps to minimize the impact of new outbreaks and a potential second wave on our ability to provide the best quality care for our seniors, while also keeping our team members healthy and safe.”COVID-19 UpdateNo current resident cases of COVID-19 in any...
SEACOR Holdings Announces Results for the Second Quarter Ended June 30, 2020
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FORT LAUDERDALE, Fla., July 27, 2020 (GLOBE NEWSWIRE) — SEACOR Holdings Inc. (NYSE:CKH) (the “Company”) today announced its results for the second quarter ended June 30, 2020:Net income attributable to stockholders for the quarter ended June 30, 2020 was $7.9 million ($0.39 per diluted share) compared with $14.6 million ($0.76 per diluted share) for the quarter ended June 30, 2019. The prior year quarter included $10.5 million ($0.53 per diluted share) of net mark-to-market gains on marketable securities.Operating income for the quarter ended June 30, 2020 was $13.7 million compared with $11.1 million for the quarter ended June 30, 2019.“Cash Earnings” for the quarter ended June 30, 2020 were $19.2 million compared with $32.9 million for the quarter ended June 30, 2019. “Cash Earnings” in the current year quarter is...
LGI Homes Introduces New Community in Prime Location Near Fort Collins
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DENVER, July 27, 2020 (GLOBE NEWSWIRE) — LGI Homes, Inc. (Nasdaq:LGIH) today announced the opening of its newest community conveniently located north of Denver near Fort Collins, Colorado.LGI Homes at Hidden Valley Farm will offer an incredible lineup of new construction homes near Fort Collins. This popular location offers residents a suburban atmosphere with a multitude of shopping and dining destinations, as well as close proximity to the peaks of Rocky Mountain National Park.“Fort Collins is a great location for families to plant roots, and LGI Homes is proud to offer affordable new home options for home shoppers in the area,” said Ryan Stokes, Division President, LGI Homes.Hidden Valley Farm offers three- and four-bedroom homes ranging in size from 1,293 to 2,363 square feet with prices starting in the mid-$300s. These new...
Belo Sun Announces AGM Results
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TORONTO, July 27, 2020 (GLOBE NEWSWIRE) — Belo Sun Mining Corp. (“Belo Sun” or the “Company”) (TSX: BSX) reports, in accordance with the policies of the Toronto Stock Exchange, that the nominees listed in the management proxy circular dated June 19, 2020 for the 2020 Annual Meeting of shareholders of Belo Sun (the “Meeting”) were elected as directors of the Company. Shareholders at the annual meeting also approved the appointment of the Company’s auditors and the approval of the Company’s amended stock option plan. 67.23% of all of the issued and outstanding shares of Belo Sun were represented at the Meeting. Belo Sun would like to welcome Rui Botica Santos to its Board of Directors as a newly elected director. Mr. Santos is a qualified lawyer in Brazil and is widely regarded as a leading lawyer in the mining sector and...
Advanced Emissions Solutions to Host Second Quarter 2020 Conference Call on August 11th
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GREENWOOD VILLAGE, Colo., July 27, 2020 (GLOBE NEWSWIRE) — Advanced Emissions Solutions, Inc. (NASDAQ: ADES) (the “Company” or “ADES”) today announced the Company expects to release its second quarter 2020 financial results and file its Quarterly Report on Form 10-Q for the period ended June 30, 2020 after market close on Monday, August 10, 2020. A conference call to discuss the Company’s financial performance is scheduled to begin at 9:00 a.m. Eastern Time on Tuesday, August 11, 2020.The conference call webcast information will be available via the Investor Resources section of ADES’s website at www.advancedemissionssolutions.com. Interested parties may also participate in the call by registering at http://www.directeventreg.com/registration/event/5965519. A supplemental investor presentation...
Goliath Upsizes Financing to $2,166,000
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TORONTO, July 27, 2020 (GLOBE NEWSWIRE) — Goliath Resources Limited (TSX-V: GOT) (OTCQB: GOTRF) (Frankfurt: B4IE) (the “Company” or “Goliath”) is pleased to report that the non-flow through portion of its previously announced non-brokered private placement and strategic investment syndicate led by Palisades Goldcorp Ltd. dated July 16, 2020 (Click Here) has been increased from $500,000 to $1,250,000 due to significant investor demand. As well the flow through announced of $750,000 has been increased to $916,000. This will provide approximately $2,166,000 of gross proceeds to the Company.The flow through funding will consist of 3,983,455 flow through units (“FT Units”), priced at $0.23 each for gross proceeds of $916,194. Upon completion of the flow through offering, it is expected that the Palisades syndicate will acquire all 3,983,455...
A. H. Belo Corporation Announces Second Quarter 2020 Financial Results
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DALLAS, July 27, 2020 (GLOBE NEWSWIRE) — A. H. Belo Corporation (NYSE: AHC) today reported a second quarter 2020 net loss of $3.4 million, or $(0.16) per share. In the second quarter of 2019, the Company reported net income of $16.5 million, or $0.77 per fully diluted share. Second quarter 2019 net income was driven by a pretax gain of $25.9 million from the sale of real estate previously used as the Company’s headquarters, which for tax purposes is fully offset by net operating loss carryforwards.For the second quarter of 2020, on a non-GAAP basis, A. H. Belo reported an operating loss adjusted for certain items (“adjusted operating income (loss)”) of $2.5 million, a decline of $2.7 million when compared to adjusted operating income of $0.2 million reported in the second quarter of 2019.Robert W. Decherd, chairman, president and...
German American Bancorp, Inc. (GABC) Reports Second Quarter 2020 Earnings
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JASPER, Ind., July 27, 2020 (GLOBE NEWSWIRE) — German American Bancorp, Inc. (Nasdaq: GABC) reported quarterly earnings of $14.3 million, or $0.54 per share, for the quarter ending on June 30, 2020. The second quarter 2020 performance compared to first quarter 2020 net income of $12.5 million, or $0.47 per share, and to second quarter 2019 net income of $15.3 million, or $0.61 per share. The operating results comparison was reflective of the inclusion of the acquisition of Citizens First Corporation of Bowling Green, Kentucky on July 1, 2019.End-of-period loans, as of June 30, 2020, were approximately $3.3 billion, which represented an increase of $253 million, or approximately 8%, from end-of-period loans as of March 31, 2020 and an increase of $550 million, or approximately 20%, from end of period loans as of June 30, 2019. Total...
Sigma Lithium Announces a US$10 million Private Placement of Common Shares at C$2.15
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NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES.VANCOUVER, British Columbia, July 27, 2020 (GLOBE NEWSWIRE) — SIGMA Lithium Resources Corporation (“Sigma” or the “Company”) (TSXV: SGMA) (OTC- QB: SGMLF) is pleased to announce that it intends to complete a non-brokered private placement of 6,216,279 common shares of the Company (the “Common Shares”) to be issued at a price of C$2.15 per Common Share for aggregate gross proceeds of US$10 million (approximately C$13.4 million) (the “Offering”). Long-standing strategic investors in the non-brokered book include leading investors focused on ESG & sustainable investments globally.Closing of the Offering is subject to certain conditions, including, but not limited to, the receipt of all necessary approvals, including the approval...