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Day: July 29, 2020

Viscount Mining Announces Closing of Over Subscribed Non – Brokered Private Placement

VANCOUVER, British Columbia, July 29, 2020 (GLOBE NEWSWIRE) — Viscount Mining Corp. (TSX-V: VML) (OTCQB: VLMGF) (“Viscount Mining”) is pleased to announce it has closed its non-brokered private placement (the “Private Placement”) with the assistance of IBK Capital Corp announced by news release dated July 23, 2020. The private placement was originally announced for total gross proceeds of up to $4,000,000 however Viscount filed a price reservation form to increase the size of the Private Placement to total gross proceeds of $5,000,000 with and as sought approval for an over-allotment of 15% for a total of $5,750,000.The closing comprises 23,958,332 units of the Company (each a “Unit”) at a price of $0.24 per Unit. Each Unit consists of one common share of the Company (a “Share”) and one transferrable Share purchase warrant...

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Petroteq Announces New Financing, Amendment to Securities and Shares for Debt

SHERMAN OAKS, Calif., July 29, 2020 (GLOBE NEWSWIRE) — Petroteq Energy Inc. (“Petroteq” or the “Company”) ‎‎(TSXV:PQE; ‎OTC:PQEFF; FSE:PQCF), an integrated oil ‎company focused on the development and implementation of its proprietary oil-‎extraction and remediation technologies, announces the receipt of an irrevocable subscription agreement from an arm’s length lender (the “Lender”) for a US$150,000 principal amount (including a 20% original ‎issue discount) convertible debenture, and warrants exercisable for up to ‎3,033,980‎ common shares ‎of the Company at US$0.0412 per share for 12 months. The debenture will have a term of 12 months and bear no annual interest. At the option of the holder the purchase price of the debenture (US$125,000) shall be convertible into ‎3,033,980 ‎common shares of the Company at US$0.0412 per share....

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Republic Bank of Arizona Announces Unaudited Financial Results For the Quarter Ending June 30, 2020

PHOENIX, July 29, 2020 (GLOBE NEWSWIRE) — Republic Bank of Arizona (OTCBB:RBAZ) (“RBAZ”) (“Bank”) announced a net income of $159,000, or $0.09 per share, for the quarter ended June 30, 2020 and $171,000, or $0.10 per share, for the six months ended June 30, 2020 as compared to a net income of $123,000, or $0.07 per share, for the quarter ended June 30, 2019 and $358,000, or $0.20 per share, for the six months ended June 30, 2019. Current year earnings of $0.10 per share were comprised of $0.06 per share attributable to core operations and $0.04 per share due to impacts from the Paycheck Protection Program (PPP). Prior year earnings of $0.20 per share were comprised of $0.15 per share attributable to core operations and $0.05 per share due to net one-time items.President and CEO Brian Ruisinger stated “The Paycheck Protection Program...

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Foresight Solar & Technology VCT Plc – Annual Financial Report

FORESIGHT SOLAR & TECHNOLOGY VCT PLCOrdinary Shares Total Net Assets as at 31 March 2020: £25.8mOrdinary Shares Net Asset Value per share as at 31 March 2020: 72.7pForesight Williams Technology Shares Total Net Assets as at 31 March 2020: £1.1mOrdinary Shares FundTwo interim dividends of 3.0p per Ordinary Share were paid during the year, on 26 April 2019 and 22 November 2019.After payment of 6.0p in dividends, Net Asset Value per Ordinary Share at 31 March 2020 was 72.7p (31 March 2019: 96.4p). The fall in Net Asset Value was largely driven by a material reduction in market power prices forecast by the energy industry’s independent, external modelling agencies.The Company completed a tender offer in March 2020, allowing holders of Ordinary Shares an opportunity to exit their investment at a price of 81.2p per share, which represents...

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Crédit Agricole d’Ile-de-France : Résultats Financiers au 30 juin 2020

PNB D’ACTIVITÉ EN HAUSSE ET STRUCTURE FINANCIÈRE SOLIDEPOUR ACCOMPAGNER LE REDRESSEMENT DE L’ÉCONOMIEParis, le 29 juillet 2020.Le Conseil d’Administration s’est réuni ce mercredi 29 juillet pour arrêter les comptes du premier semestre 2020.> Des encours crédits + collecte approchant 120 milliards d’euros et en soutien de nos clientsAprès une activité commerciale soutenue sur les deux premiers mois de l’année, avec plus de 24 000 nouveaux clients au premier trimestre, les mois de mars et avril ont été marqués par un fort ralentissement en raison des mesures de confinement liées à la crise sanitaire Covid-19.Néanmoins, les encours de crédit progressent de 12,5% sur un an glissant, tirés par les besoins de trésorerie de nos clients Professionnels et Entreprises, et par une production habitat (2,8 Mds€) enregistrant les dossiers...

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Islandsbanki hf.: First Half 2020 Financial Results

Second quarter 2020 (2Q20) financial highlightsÍslandsbanki reported a profit of ISK 1.2bn in 2Q20 compared to ISK 2.1bn in 2Q19, generating a 2.8% annualised return on equity (2Q19: 4.9%).NII fell by 2.1% compared to 2Q19 which is mostly explained by the Central Bank’s 200bp cut in its policy rate in late Q1 and in Q2. NFCI fell by 16.4% mostly due to reduced payment card activity. Other net operating income were ISK 98m compared to ISK 192m in 2Q19.Administrative expenses fell by 5.6% as a result of cost cutting initiatives in recent years. Impairment amounting to ISK 2.4bn in 2Q20 is to a large extent the result of a re-evaluation of the possible effects of the COVID-19 pandemic on exposures to customers in the tourism industry, classified as Stage 2.Loans to customers increased by ISK 9.5bn, largely driven by loans to individuals....

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Abacus Announces $850,000 in Additional Financing

VANCOUVER, British Columbia, July 29, 2020 (GLOBE NEWSWIRE) — Abacus Mining & Exploration Corporation (“Abacus” or the “Company”) (TSXV: AME).  Further to the $600,000 private placement announced by way of its news release dated July 22, 2020, Abacus is pleased to announce, due to overwhelming investor demand, a new non-brokered private placement (“Offering”) for additional proceeds of up to $850,000 through the issuance of 5,312,500 units (“Units”) at a price of $0.16 per Unit.  Each Unit will consist of one common share of the Company and one half of a non-transferable common share purchase warrant, with each full warrant exercisable to purchase one common share of the Company at a price of $0.22 per common share for a period of 3 years from the date of closing of the financing.Under rules of the TSX Venture Exchange...

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Triad Business Bank Delivers Immediate Results for the Business Community and its Shareholders

Greensboro, N.C. , July 29, 2020 (GLOBE NEWSWIRE) — Triad Business Bank today reported financial results for the quarter ended June 30, 2020.Second Quarter 2020 Highlights:Originated $106 million of Paycheck Protection Program (“PPP”) Loans to more than 340 businessesReceived fees from the Small Business Administration of $2.9 millionOpened approximately 400 commercial and retail deposit accounts totaling $69.6 millionNon-interest bearing deposits totaled $32.6 million at June 30Core commercial loans total $13.9 million and loan pipeline climbed to more than $120 millionTriad Business Bank was approved to conduct banking operations beginning March 16, 2020, and immediately began delivering on the Bank’s vision to be “Pivotal to the Economic Success of Businesses in the Triad,”’ said Ramsey K. Hamadi, the Bank’s Chief Executive Officer....

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Onconova Therapeutics Announces that the Required Number of Survival Events Has Been Reached for the Pivotal Phase 3 INSPIRE Trial Data Analysis

NEWTOWN, Pa., July 29, 2020 (GLOBE NEWSWIRE) — Onconova Therapeutics, Inc. (NASDAQ: ONTX), a Phase 3 stage biopharmaceutical company focused on discovering and developing novel products to treat cancer, with an initial focus on myelodysplastic syndromes (MDS), today announced that the required number of survival events for the pivotal Phase 3 INSPIRE has been reached. The Company anticipates announcing topline data by the end of the third quarter of 2020.“Consistent with previous guidance for topline data disclosure, we anticipate providing preliminary efficacy and safety data from the pivotal Phase 3 INSPIRE trial during the third quarter of this year,” said Steven M. Fruchtman, M.D., President and Chief Executive Officer. “Onconova is not currently in possession of topline data. However, we estimate the timing of this data readout...

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