Day: July 29, 2020

African Gold Group Closes Oversubscribed First Tranche and Upsizes Private Placement Financing to $10 Million

Written by Customer Service on July 29, 2020. Posted in Public Companies.

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATESTORONTO, July 29, 2020 (GLOBE NEWSWIRE) — African Gold Group, Inc. (TSX-V: AGG) (“AGG” or the “Company”) is pleased to announce that it has closed, on an oversubscribed basis, the first tranche of the previously announced C$5,000,000 non-brokered private placement financing of common shares (the “Offering”) for gross proceeds of C$5,590,000 (the “First Tranche”), see press release from July 22, 2020.Pursuant to the First Tranche, the Company issued 22,360,000 units of the Company (each a “Unit” and collectively, the “Units”) at a price of C$0.25 per Unit for gross proceeds of C$5,590,000. Each Unit consists of one common share of the Company and one half of a common share purchase warrant (each whole common share purchase warrant, a...

Watford Reports 2020 Second Quarter Results

Written by Customer Service on July 29, 2020. Posted in Public Companies.

PEMBROKE, Bermuda, July 29, 2020 (GLOBE NEWSWIRE) — WATFORD HOLDINGS LTD. (“Watford” or the “Company”) (NASDAQ: WTRE) today reported net income of $188.8 million, after $1.1 million of preference dividends, for the three months ended June 30, 2020, compared to net income of $13.8 million, after payment of $4.9 million of preference dividends, for the same period in 2019. Book value per diluted common share was $38.82 at June 30, 2020, an increase of 37.6% from March 31, 2020. The quarterly results include:Net income available to common shareholders of $188.8 million, or $9.51 per diluted common share, or a 28.2% return on average equity, compared to net income of $13.8 million, or $0.61 per diluted common share, or a 1.5% return on average equity for the 2019 second quarter;Combined ratio of 108.0%, comprised of a 79.7% loss ratio,...

Century Next Financial Corporation Reports 2nd Quarter 2020 Results

Written by Customer Service on July 29, 2020. Posted in Public Companies.

RUSTON, La., July 29, 2020 (GLOBE NEWSWIRE) — Century Next Financial Corporation (OTCQX: CTUY), the holding company of Century Next Bank, with $525.3 million in assets, today announced financial results for the 2nd quarter ended June 30, 2020.Financial PerformanceFor the three months ended June 30, 2020, Century Next Financial Corporation (the “Company”) had net income after tax of $1.52 million compared to net income of $1.18 million for the three months ended June 30, 2019, an increase of $344,000 or 29.2%. Earnings per share (EPS) for the three months ended June 30, 2020 were $0.93 per basic and $0.92 per diluted share compared to $0.73 per basic and $0.71 per diluted share reported for the three months ended June 30, 2019. For the six months ended June 30, 2020, Century Next Financial Corporation (the “Company”) had net income...

Apache Corporation Announces Major Oil Discovery in Block 58 Offshore Suriname at Kwaskwasi-1

Written by Customer Service on July 29, 2020. Posted in Public Companies.

Third consecutive discovery offshore Suriname confirms a world-class hydrocarbon resource.Kwaskwasi-1 well encountered 278 meters (912 feet) of net oil and volatile oil / gas condensate pay.Fourth exploration prospect in Block 58, Keskesi East-1, will be drilled immediately following conclusion of operations at Kwaskwasi. HOUSTON, July 29, 2020 (GLOBE NEWSWIRE) — Apache Corporation (Nasdaq: APA) and Total S.A. (NYSE: TOT) today announced a major oil discovery at the Kwaskwasi-1 well drilled offshore Suriname in Block 58. The well was drilled using the Noble Sam Croft with Apache as operator holding a 50% working interest and Total holding a 50% working interest.Kwaskwasi-1 was drilled to a depth of approximately 6,645 meters (21,800 feet) and successfully tested for the presence of hydrocarbons in multiple stacked targets in the...

Gordon Brothers Names Thomas Pedulla President of Real Estate

Written by Customer Service on July 29, 2020. Posted in Mergers And Acquisitions.

Boston, MA, July 29, 2020 (GLOBE NEWSWIRE) — Gordon Brothers, the global advisory, restructuring and investment firm, announced that Thomas Pedulla has joined the company as President of Real Estate. Pedulla will lead the growth and expansion of Gordon Brothers’ real estate group. Pedulla inherits a team of seasoned real estate professionals with a multidecade track record of successful transactions ranging from lease terminations and restructurings to fee-owned property acquisition and disposition. Gordon Brothers is a market leader in providing comprehensive retail, commercial and industrial valuation, operations, investment and disposition solutions for inventory, equipment, brands and real estate. The expansion of the real estate group will enable Gordon Brothers to support more clients seeking rapid, customized and guaranteed...

Wolverine Worldwide Declares Quarterly Dividend

Written by Customer Service on July 29, 2020. Posted in Dividend Reports And Estimates.

ROCKFORD, Mich., July 29, 2020 (GLOBE NEWSWIRE) — Wolverine World Wide, Inc. (NYSE: WWW) today announced that its Board of Directors has declared a quarterly cash dividend of $0.10 per share of common stock. The dividend is payable on November 2, 2020, to stockholders of record on October 1, 2020. The dividend is equal to the last quarterly dividend and reflects an indicated annual dividend of $0.40 per share.ABOUT WOLVERINE WORLDWIDEFounded in 1883 on the belief in the possibility of opportunity, Wolverine World Wide, Inc. (NYSE:WWW) is one of the world’s leading marketers and licensors of branded casual, active lifestyle, work, outdoor sport, athletic, children’s and uniform footwear and apparel. Through a diverse portfolio of highly recognized brands, our products are designed to empower, engage and inspire our consumers...

Piedmont Office Realty Trust Reports Second Quarter 2020 Results

Written by Customer Service on July 29, 2020. Posted in Public Companies.

Atlanta, GA, July 29, 2020 (GLOBE NEWSWIRE) — Piedmont Office Realty Trust, Inc. (“Piedmont” or the “Company”) (NYSE:PDM), an owner of Class A office properties located primarily in select sub-markets within seven major Eastern U.S. office markets, today announced its results for the quarter ended June 30, 2020.Highlights for the Quarter Ended June 30, 2020:Reported net income applicable to common stockholders of $192.4 million, or $1.52 per diluted share, for the quarter ended June 30, 2020, as compared with $8.2 million, or $0.06 per diluted share, for the quarter ended June 30, 2019;Achieved a 14% increase in Core Funds From Operations, reporting $0.49 per diluted share for the quarter ended June 30, 2020 as compared to $0.43 for the quarter ended June 30, 2019;Completed the disposition of 1901 Market...

Green Plains to Present at the Jefferies Virtual Industrials Conference

Written by Customer Service on July 29, 2020. Posted in Public Companies.

OMAHA, Neb., July 29, 2020 (GLOBE NEWSWIRE) — Green Plains Inc. (NASDAQ:GPRE) today announced that Todd Becker, president and chief executive officer, is scheduled to present at the Jefferies Virtual Industrials Conference on Wednesday, Aug. 5, 2020, at 3:00 p.m. ET.The live webcast, as well as the replay, will be available on the Investors page of Green Plains’ website at http://investor.gpreinc.com/events.cfm.About Green Plains Inc.Green Plains Inc. (NASDAQ:GPRE) is a diversified commodity-processing business with operations that include corn processing, grain handling and storage and commodity marketing and logistics services. The company is one of the leading corn processors in the world and, through its adjacent businesses, is focused on the production of high-protein feed ingredients. Green Plains owns a 50% interest in Green...

Genetron Health to Present at Canaccord Genuity 40th Annual Growth Conference

Written by Customer Service on July 29, 2020. Posted in Public Companies.

BEIJING, July 29, 2020 (GLOBE NEWSWIRE) — Genetron Holdings Limited (“Genetron Health” or the “Company”, NASDAQ:GTH), a leading precision oncology platform company in China that specializes in offering molecular profiling tests, today announced that management will present and host one-on-one meetings at the Canaccord Genuity 40th Annual Growth Conference to be held virtually on August 11-13, 2020.On Thursday, August 13th, the Genetron management will participate in the following:Fireside chat at 8:00 am ET (8:00 pm Beijing time) with Sizhen Wang, Chief Executive OfficerPanel discussion entitled, “Cancer screening for asymptomatic individuals. Single vs. multi-target testing; different technological approaches; and opportunities/challenges to drive broad-based adoption,” at 11:00 am ET (11:00 pm Beijing Time) with Yun-Fu Hu, PhD,...

Gladstone Capital Corporation Reports Financial Results for its Third Quarter Ended June 30, 2020

Written by Customer Service on July 29, 2020. Posted in Public Companies.

MCLEAN, Va., July 29, 2020 (GLOBE NEWSWIRE) — Gladstone Capital Corporation (Nasdaq: GLAD) (the “Company”) today announced earnings for its third fiscal quarter ended June 30, 2020. Please read the Company’s Quarterly Report on Form 10-Q filed today with the U.S. Securities and Exchange Commission (the “SEC”), which is available on the SEC’s website at www.sec.gov, and the investor relations section of the Company’s website at www.GladstoneCapital.com. Summary Information (dollars in thousands, except per share data) (unaudited):NM=Not MeaningfulThird Fiscal Quarter 2020 Highlights:Portfolio Performance: Strong company performances and liquidity management in the face of COVID-19 disruptions resulted in no payment defaults, and non-accruals declined to 1.5% of the portfolio at fair value. Investment Activity: Invested $53.5 million...

Day: July 29, 2020

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