Day: July 29, 2020
QUÉBEC, 29 juill. 2020 (GLOBE NEWSWIRE) — Stelmine Canada. (« Stelmine ») (STH-TSXV) annonce qu’elle reprend ses travaux d’exploration sur sa propriété Mercator. La propriété est située à l’extrémité est du bassin sédimentaire de l’Opinaca à proximité du contact La Grande-Opinaca considéré comme étant le plus prospectif du Territoire de la Baie-James pour la minéralisation aurifère. La portion Est du contact La Grande-Opinaca recèle plusieurs minéralisations aurifères associées aux formations de fer.Les travaux chercheront à investiguer plus en détail un couloir aurifère d’au moins 1 km orienté NO/SE dont l’échantillonnage a procuré des valeurs de 7,44 g/t Au (communiqué de presse, février 2019) et 3,0 g/t Au (indice Biblain, Leclair et al., 1997; RG97-11). Stelmine croit fermement qu’une exploration plus soutenue permettra de découvrir...
ACNB Corporation Reports 2020 Second Quarter Financial Results
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2020 HighlightsEffective January 11, 2020, ACNB Corporation acquired Frederick County Bancorp, Inc. (FCBI) and its wholly-owned subsidiary, Frederick County Bank, headquartered in Frederick, MD, with systems conversions completed in March 2020. This transaction resulted in the addition of $443,425,000 in assets, $329,312,000 in loans, $374,058,000 in deposits, $22,528,000 in goodwill, and $57,280,000 in equity to ACNB Corporation’s balance sheet. ACNB Corporation responded to, and continues to address, the impact of the COVID-19 pandemic with a focused and responsive plan to meet the needs of the Corporation’s customers and communities, as well as to maintain a high level of operational performance while protecting valued staff members. Net income for the three months ended June 30, 2020, totaled $5,797,000, which is a decrease of $669,000...
ClearOne Awarded Important New Patent for Beamforming Microphone Array Innovations
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SALT LAKE CITY, July 29, 2020 (GLOBE NEWSWIRE) — ClearOne (NASDAQ: CLRO), a global provider of audio and visual communication solutions, announced today that it has been awarded a significant new patent relating to beamforming microphone array technology by the US Patent and Trademark Office. ClearOne’s innovative new patent, US Patent No. 10,728,653 (the “’653 Patent”), is entitled “Ceiling Tile Microphone.” It describes a ceiling tile microphone that includes beamforming, acoustic echo cancellation, and adaptive acoustic processing that automatically adjusts to a room configuration. There is no language in the claims of the new patent limiting its scope to flush-mounted ceiling tile beamforming microphone arrays, as opposed to non-flush mounted ceiling tile beamforming microphone arrays.The ’653 Patent is a member of a family...
goeasy Ltd. Announces Timing of Second Quarter 2020 Conference Call and Webcast
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MISSISSAUGA, Ontario, July 29, 2020 (GLOBE NEWSWIRE) — goeasy Ltd. (TSX:GSY), (“goeasy” or the “Company”), a leading full-service provider of goods and alternative financial services that provides everyday Canadians a path to a better tomorrow, will hold a conference call with shareholders, analysts, and portfolio managers on Thursday, August 13, 2020. A media release including goeasy Q2 2020 results will be issued after the market closes on Wednesday, August 12, 2020.Date: Thursday, August 13, 2020.Time: 11:00 am ETDial-in: US/Canada toll-free 1-866-219-5269 / International 1-703-736-7431Passcode: 5375396 please dial in the passcode, followed by # to enter the callWebcast: http://investors.goeasy.com/Media are invited to listen to the call by telephone or through the webcast. For questions, media may contact Jason Mullins, President...
Aquesta Financial Holdings, Inc Announces Results of Operations for the Second Quarter of 2020
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CORNELIUS, N.C., July 29, 2020 (GLOBE NEWSWIRE) — Aquesta Financial Holdings, Inc and subsidiaries (“Aquesta”) (OTC Market symbol AQFH) – including its subsidiary Aquesta Bank announced today net income for the second quarter of 2020 (three month period ending June 30, 2020). For the second quarter of 2020, Aquesta had unaudited net income of $1,419,000 (26 cents per share) compared to second quarter of 2019 net income of $1,188,000 (22 cents per share). Thus, earnings grew at 19.4 percent for the second quarter of 2020 compared to the second quarter of 2019.Jim Engel, CEO and President of Aquesta, said, “It has been another solid quarter for loan and deposit growth at Aquesta. We continue to perform well despite the continuing negative effects the COVID-19 pandemic is having on the global economy. Our commitment to our customers...
EHang 216 Obtained Special Flight Operations Certificate from Transport Canada Civil Aviation
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GUANGZHOU, China, July 29, 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 that EHang 216 has obtained a Special Flight Operations Certificate (SFOC) issued by the Transport Canada Civil Aviation (TCCA), the civil aviation authority in Canada. This is another milestone in regulatory breakthroughs for EHang 216 and the first of this kind permit for periodic operations of passenger-grade AAVs in North America.With the certificate, trial flights of EHang 216 AAVs can be routinely conducted in Québec province. Last September, EHang was invited to showcase its EHang 216 at the International Civil Aviation Organization (ICAO)’s 75th Anniversary ceremony in Québec, Canada. The EHang 216 AAV was...
PyroGenesis Announces Q2 2020 Results: Net Income $5.2MM; Gross Margin 60%; Earnings per Share $0.04
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MONTREAL, July 29, 2020 (GLOBE NEWSWIRE) — PyroGenesis Canada Inc. (http://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 systems, is pleased to announce today its financial and operational results for the second-quarter ended June 30th, 2020.“Percent complete revenue recognition in our major projects, which is the revenue recognition method we are mandated to follow by GAAP, is such that it is not linear, but exponential and as such, Q2 is now starting to reflect the results one might expect given recent announcements. It is interesting to note that using this revenue recognition method, only...
Indiva Extends Maturity of Senior Debt to October 2021
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LONDON, Ontario, July 29, 2020 (GLOBE NEWSWIRE) — Indiva Limited (the “Company” or “Indiva”) (TSXV:NDVA) (OTCQX:NDVAF) is pleased to announce its senior lender has extended the maturity of the Company’s senior secured demand loan and factoring agreement (the terms of which are discussed in the Company’s press release dated October 15, 2019) until October 31, 2021. In consideration for this extension, Indiva will pay an extension fee of $73,450, and the annual coupon will increase by two percent. Consistent with the existing agreement, there is no penalty for early repayment, and management continues to evaluate options to refinance the debt at more advantageous terms.Q2 2020 Revenue Guidance and Corporate UpdateThe Company is pleased to share that it expects Q2 2020 net revenue in the range of $2.3 to $2.8 million. This represents...
MTBC to Announce Second Quarter 2020 Results on August 13, 2020
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SOMERSET, N.J., July 29, 2020 (GLOBE NEWSWIRE) — MTBC, Inc. (the “Company” or “MTBC”) (Nasdaq: MTBC) (Nasdaq: MTBCP), a leading provider of proprietary, cloud-based healthcare IT solutions, will release its financial results for the second quarter ended June 30, 2020 before the market opens on Thursday, August 13, 2020. The Company will follow with a conference call for investors at 8:30 a.m. Eastern Time.The live webcast of the conference call and related presentation slides can be accessed at ir.mtbc.com/events. An audio-only option is available by dialing +1-631-891-4304 and referencing “MTBC Second Quarter 2020 Earnings Call.” Investors who opt for audio-only will need to download the related slides at ir.mtbc.com/events.A replay of the conference call and related presentation slides will be available approximately...
Red River Bancshares, Inc. Reports Second Quarter 2020 Financial Results
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ALEXANDRIA, La., July 29, 2020 (GLOBE NEWSWIRE) — Red River Bancshares, Inc. (the “Company”), (Nasdaq: RRBI), the holding company for Red River Bank (the “Bank”), announced today its unaudited financial results for the second quarter of 2020.Net income for the second quarter of 2020 was $6.9 million, or $0.93 per diluted common share (“EPS”), an increase of $109,000, or 1.6%, compared to $6.7 million, or $0.92 EPS, for the first quarter of 2020, and an increase of $1.3 million, or 23.8%, compared to $5.5 million, or $0.78 EPS, for the second quarter of 2019.Net income for the six months ended June 30, 2020, was $13.6 million, or $1.85 EPS, an increase of $2.4 million, or 21.1%, compared to $11.2 million, or $1.63 EPS, for the six months ended June 30, 2019.Second Quarter 2020 Performance and Operational HighlightsThe...