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Month: July 2020

Bombardier Expands Worldwide Customer Support with Enhanced Structural Repair Capabilities

Extended capabilities provide customers with unparalleled support and more reasons to bring their jets home to Bombardier Bombardier’s Customer Response Center (CRC) remains the single point of contact for all customer repair needsMONTREAL, July 27, 2020 (GLOBE NEWSWIRE) — Bombardier Aviation has announced the extension of its worldwide customer support offerings through enhanced structural repair capabilities for its worldwide fleet of business jets.Bombardier’s structural repair offerings are a collaborative effort with The Mobile Repair Team, a company which specializes in the completion of aircraft structural repairs worldwide. Bombardier Aviation will continue to provide high-quality repair solutions at one single point of contact through Bombardier’s Customer Response Center at +1-866-538-1247 (North America) and +1-514-855-2999...

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Bombardier étend le soutien mondial à la clientèle par des capacités accrues de réparations structurelles

Les capacités accrues procurent aux clients un soutien inégalé et plus de raison de ramener leurs avions dans les centres de services de Bombardier Le Centre de réponse à la clientèle (CRC) de Bombardier demeure le guichet unique pour tous les besoins de réparation des clientsMONTRÉAL, 27 juill. 2020 (GLOBE NEWSWIRE) — Bombardier Aviation a annoncé l’élargissement de son offre mondiale de soutien à la clientèle par des capacités accrues de réparations structurelles pour sa flotte mondiale d’avions d’affaires.L’offre de services de réparations structurelles de Bombardier est une initiative en collaboration avec The Mobile Repair Team, société spécialisée dans l’exécution de réparations structurelles d’avion dans le monde entier. Bombardier Aviation continuera de fournir des solutions de réparations de haute qualité à son guichet...

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Gold Resource Corporation Declares July Monthly Dividend

COLORADO SPRINGS, CO, July 27, 2020 (GLOBE NEWSWIRE) — via NEWMEDIAWIRE — Gold Resource Corporation (NYSE American: GORO) (the “Company”) declares its monthly instituted dividend of one-third of a cent per common share for July 2020 payable on August 24, 2020 to shareholders of record as of August 11, 2020.  Gold Resource Corporation is a gold and silver producer, developer and explorer with operations in Oaxaca, Mexico and Nevada, USA.  The Company has returned $114 million to its shareholders in consecutive monthly dividends since July 2010 and offers its shareholders the option to convert their cash dividends into physical gold and silver and take delivery.  For more information on Gold Resource Corporation’s physical dividend program, visit the Company website at http://www.goldresourcecorp.com/gold-silver-dividends.php.   Dividends...

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Gouverneur Bancorp Announces Fiscal 2020 Third Quarter and Nine Months Results

GOUVERNEUR, N.Y., July 27, 2020 (GLOBE NEWSWIRE) — Gouverneur Bancorp, Inc. (OTC Pink: GOVB) (the “Company”) holding company for Gouverneur Savings and Loan Association (the “Bank”), today announced the results for the third quarter of fiscal year 2020 ended June 30, 2020.A Note to our Shareholders: In recent months, the COVID-19 outbreak has resulted in business disruptions throughout the United States. As a result, the Bank experienced a decrease in loan principal, interest payments and service fees which negatively impacted its operating results and financial condition. Although the disruption is expected to be temporary, the overall related financial impact and duration cannot be reasonably estimated at this time.  However, Management is confident that its current liquidity and capital position is strong enough to rebound from...

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Morris State Bancshares Announces Quarterly Earnings, Declares Dividend, and Completes Subordinated Notes Offering

DUBLIN, Ga., July 27, 2020 (GLOBE NEWSWIRE) — Morris State Bancshares, Inc. (OTCQX: MBLU) (the “Company”), the parent of Morris Bank, today announced net income of $3.4 million, or an earnings per share of $1.61, for the quarter ended June 30, 2020.  The earnings represent an increase of approximately $1.5 million, or 78%, compared to net income of $1.9 million, or $0.95 per share, for the quarter ended June 30, 2019.  On a pretax basis, the company earned $4.6 million for the quarter versus $3.0 million for the prior year quarter, representing a 57% increase.  The increase was primarily a result of Small Business Administration (SBA) Paycheck Protection Program (PPP) loan growth and related fees and lower non-interest expense.“In the second quarter, we experienced strong net interest income, which was up 14% as compared to the...

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Coastal Financial Corporation Announces Second Quarter 2020 Results

Quarter Two 2020 Highlights:Net income totaled $3.7 million for the quarter ended June 30, 2020, or $0.30 per diluted common share, an increase of 12.2% from $3.3 million, or $0.27 per diluted common share, for the quarter ended June 30, 2019. A $1.9 million provision for loan losses was recorded during the quarter ended June 30, 2020, due to economic uncertainties from the COVID-19 pandemic, up from $1.6 million during the quarter ended March 31, 2020.Asset growth of $494.9 million, or 41.8%, to $1.68 billion for the quarter ended June 30, 2020, compared to $1.18 billion at March 31, 2020. Total loans receivable, net of deferred loan fees, grew 44.0% during the quarter ended June 30, 2020 to $1.45 billion compared to $1.01 billion at March 31, 2020.  Includes $427.4 million in Paycheck Protection Program (“PPP”) loans originated in the...

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Castellum, Inc. Announces Record EBITDA for Second Quarter 2020

POTOMAC, Md., July 27, 2020 (GLOBE NEWSWIRE) — Castellum, Inc. (ONOV:OTC) announces strong revenue and record quarterly EBITDA for the second quarter ended June 30, 2020.  The Company expects to file its 2020 Q2 report at www.otcmarkets.com within the next 10 days.Castellum’s  financial picture continues to grow stronger. Revenue for Q2 2020 was $3.4 million. EBITDA, a non-GAAP measure, was over $550,000. Cash on hand at quarter end was over $1.9 million (up from $1.1 million at the end of Q1) and Current Assets were a record $3.97 million.“The continued success of our business is very heartening,” said Mark Fuller, President, and CEO of Castellum. “We have improved the efficiency of the Corvus division under Jim Enicks’ leadership and now are positioned to add some inorganic growth to the mix. The goal remains the same: growth...

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Otelco Agrees to be Acquired by Oak Hill Capital

ONEONTA, Ala., July 27, 2020 (GLOBE NEWSWIRE) — Otelco Inc. (Nasdaq: OTEL) (“Otelco” or the “Company”), a wireline telecommunication services provider in Alabama, Maine, Massachusetts, Missouri, New Hampshire, Vermont and West Virginia, announced today that it has entered into a definitive agreement to be acquired by affiliates formed by Oak Hill Capital (“Oak Hill”), a private equity firm, for $11.75 per share in cash, which represents an equity purchase price of $40.6 million and an enterprise value of $105.6 million. As part of the definitive agreement, Oak Hill will assume or refinance Otelco’s outstanding debt. The consideration represents a 43.3% premium to the unaffected share price of Otelco as of June 23, 2020, a 53.2% premium to the 20-Day Volume Weighted Average Price as of the same date, and a 58.1% premium to Otelco’s...

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WiMi Hologram Cloud Inc. Announces Pricing of Public Offering

BEIJING, July 27, 2020 (GLOBE NEWSWIRE) — WiMi Hologram Cloud Inc. (Nasdaq: WIMI) (“WiMi” or the “Company”), a leading holographic augmented reality (“AR”) application platform in China, today announced the pricing of WiMi’s “best efforts” public offering of 7,560,000 American Depositary Shares (“ADSs”), each representing two Class B ordinary shares of the Company, at US$8.18 per ADS for a total offering size of up to $61,840,800. Participants in the offering are expected to include a select group of institutional investors in both the US and Asia including WB Online Investment Limited, an affiliate of Weibo Corporation (NASDAQ: WB).Closing of the offering is expected to take place on July 29th.The Benchmark Company LLC, and FT Global Capital Inc. are acting as joint lead bookrunning managers while Valuable Capital Limited is acting...

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Cinedigm Announces Blu-ray & DVD Availability of Gritty War Drama THE OUTPOST at All Major Retailers

Against Seemingly Insurmountable Odds, They Fought On.The Film Starring Orlando Bloom and Scott Eastwood Arrives August 18 On Blu-ray™ & DVDLOS ANGELES, July 27, 2020 (GLOBE NEWSWIRE) — THE OUTPOST will be available August 18 on Blu-ray™ & DVD through Cinedigm (NASDAQ: CIDM) at all major retailers including Walmart, Best Buy, Target and Transworld. Based on the critically acclaimed bestseller by CNN’s Jake Tapper, THE OUTPOST is an incredible true story of strength, sacrifice and bravery. The film, which debuted as the No. 1 movie on Apple its opening weekend and has remained there for 3 straight weeks, heralds an all-star cast including Orlando Bloom (Lord of the Rings), Scott Eastwood (Suicide Squad), Caleb Landry Jones (Get Out) and Milo Gibson (Hacksaw Ridge, Gangster Land).In THE OUTPOST, a small unit of U.S. soldiers,...

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