Month: July 2020

RIMOUSKI, Quebec, July 24, 2020 (GLOBE NEWSWIRE) — Puma Exploration Inc., PUMA-TSXV, (“Puma”) is pleased to announce the closing of the fully subscribed current private placement for an amount of $962,500. The Company issued 17.5 million units (“Units”) at the price of $0.055 per Unit. Each unit comprises one common share and one common share purchase warrant. Each warrant gives its holder the right to purchase one common share at a price of $0.10 per share until July 24, 2022.In connection with the private placement, the company has paid cash finders’ fees in an amount of $35,545.60 and issued 646,283 finders’ warrants, each entitling the holder to acquire one additional common share of Puma at a price of $0.055 for 24 months. All securities issued to purchasers and finders under the offering are subject to a four-month...

GOLDEN, Colo., July 24, 2020 (GLOBE NEWSWIRE) — Golden Minerals Company (NYSE American and TSX: AUMN) (“Golden Minerals”, “Golden” or “the Company”) announced today the closing of its previously announced public underwritten offering of 20,535,714 shares of common stock of the Company, including the exercise in full by the underwriter of its option to purchase an additional 2,678,571 shares of common stock, at a price to the public of $0.42 per share. The gross proceeds to Golden from the offering, before deducting underwriting discounts and commissions and other offering expenses payable by Golden, were approximately $8.6 million.H.C. Wainwright & Co. acted as the sole book-running manager for the offering.The shares of common stock described above were offered by the Company pursuant to a “shelf” registration...

Northern Horizon Capital AS as the management company of Baltic Horizon Fund (the Fund) has approved a cash distribution of approx. 1.14% of the Fund’s Q2 2020 weighted average net asset value to its unitholders. This equals to approx. EUR 1.70 million in total and EUR 0.015 per unit. The pay-out also represents a 7.2% rolling distribution yield for the past 12 months based on the closing unit price of the last day of Q2 2020 on the Nasdaq Tallinn stock exchange.In Q2 2020, the Fund generated an unaudited Generated Net Cash Flow from operations of approx. EUR 2.56 million and EUR 0.023 per unit. With a reduced payout of EUR 1.70 million in the light of prevailing market uncertainty, the Fund has opted to retain EUR 0.86 million of distributable cash flow. Over the past two quarters, the Fund has increased its cash distribution reserve...

Northern Horizon Capital AS as the management company of Baltic Horizon Fund (the Fund) has approved a cash distribution of approx. 1.14% of the Fund’s Q2 2020 weighted average net asset value to its unitholders. This equals to approx. EUR 1.70 million in total and EUR 0.015 per unit. The pay-out also represents a 7.2% rolling distribution yield for the past 12 months based on the closing unit price of the last day of Q2 2020 on the Nasdaq Tallinn stock exchange.In Q2 2020, the Fund generated an unaudited Generated Net Cash Flow from operations of approx. EUR 2.56 million and EUR 0.023 per unit. With a reduced payout of EUR 1.70 million in the light of prevailing market uncertainty, the Fund has opted to retain EUR 0.86 million of distributable cash flow. Over the past two quarters, the Fund has increased its cash distribution reserve...

Northern Horizon Capital AS kui Baltic Horizon fondi (Fond) fondivalitseja võttis vastu otsuse teha osakuomanikele rahaline väljamakse ligikaudu 1.14% ulatuses Fondi 2020.a. teise kvartali kaalutud keskmisest puhasväärtusest. Väljamakse suurus kokku on ligikaudu 1.70 miljonit eurot, mis ühe osaku kohta on 0,015 eurot. Väljamakse viimase 12 kuu jooksev tootlus on 7,2%, mis põhineb Tallinna börsil oleva osaku teise kvartali viimase päeva sulgemishinnal.Fondi 2020 a. II kvartali auditeerimata genereeritud neto rahavoog äritegevusest oli ligikaudu 2,56 miljonit eurot, mis ühe osaku kohta on 0,023 eurot. Turul valitseva ebakindluse tõttu vähendatud väljamaksega 1,70 miljonit eurot otsustas Fond säilitada 0,86 miljonit eurot jaotatavat rahavoogu. Viimase kahe kvartali jooksul on Fond suurendanud väljamaksete reservi 3,43 miljoni euroni. Fondivalitseja...

SAN FRANCISCO, July 24, 2020 (GLOBE NEWSWIRE) — Kalytera Therapeutics, Inc. (TSX VENTURE: KLY and OTC: KALTF) (the “Company” or “Kalytera“) announced today that on and effective July 22, 2020 it has closed in escrow its previously announced non-brokered private placement (the “Private Placement”) of units comprised of common shares (“Shares”) and one half common share purchase warrants (“Warrants”) in the capital of the Company in the amount of gross proceeds of $317,970.49 from the issuance of 21,198,033 Shares and 10,599,017 Warrants.  Each unit had a purchase price of $0.015 per unit. Each full common share purchase warrant will have an exercise price of CDN $0.05, and a term of 24 months. At any time on or after the date that is 4 months from the closing date, if the daily volume weighted average trading...

PORTLAND, Maine, July 24, 2020 (GLOBE NEWSWIRE) — Northeast Bank (the “Bank”) (NASDAQ: NBN), a Maine-based full-service bank, announced today it will release its fiscal 2020 fourth quarter earnings results on Wednesday, July 29, 2020. Following the release, the Bank will host a conference call with a simultaneous webcast at 10:00 a.m. EDT on Thursday, July 30, 2020. The conference call will be hosted by Rick Wayne, President and Chief Executive Officer, JP Lapointe, Chief Financial Officer, and Pat Dignan, Executive Vice President and Chief Credit Officer.Investors can access the call by dialing 877.878.2762 and providing the following conference ID#: 2496196. The call will be available via live webcast, which can be viewed by accessing the Bank’s website at www.northeastbank.com and clicking on the Investor Relations section. To...

Not for Distribution to United States Newswire Services or for Dissemination in the United StatesSURREY, British Columbia, July 24, 2020 (GLOBE NEWSWIRE) — Mineworx Technologies Ltd., (the “Company” or “Mineworx“) (TSXV: MWX) announces that it has received an extension from the TSX Venture Exchange (“TSX-V”) with respect to the duration of its previously announced private placement (the “Private Placement”) (please see the Company’s press releases dated June 9, 2020 and June 17, 2020). The outside date upon which final acceptance of the Private Placement will be granted by the TSX-V has been extended to August 14, 2020. The Company applied for an extension to accommodate investors who have been unable to complete their subscriptions to due to delays caused by COVID-19.About MineworxMineworx is positioned...

FREEHOLD, NJ, July 24, 2020 (GLOBE NEWSWIRE) — UMH Properties, Inc. (NYSE: UMH) announced that it closed on the acquisition of one community located in Pennsylvania for a total purchase price of approximately $3.34 million. This community contains 147 developed homesites, of which approximately 56% are occupied. It is situated on approximately 27 acres. Samuel A. Landy, President and Chief Executive Officer, commented, “Camelot Woods is a value-add community located in Altoona, Pennsylvania. It is a high-quality community that was developed in the late 1990s and is in good condition. We own several properties near Altoona which exhibit strong rental demand. We intend to implement our rental program which will drive occupancy and NOI growth generating substantial value.UMH continues to execute on our long-term business plan. Communities...

VANCOUVER, British Columbia, July 24, 2020 (GLOBE NEWSWIRE) — Westport Fuel Systems Inc. (“Westport Fuel Systems” or the “Company”) (TSX:WPRT / Nasdaq:WPRT) today announced that they have secured a €15 million loan from UniCredit (“UniCredit”) to improve liquidity during the COVID-19 pandemic.The six-year €15 million term loan was issued to Westport Fuel Systems’ Italian subsidiary, MTM S.r.l.(“MTM”), under the Italian government’s Decreto Liquidità (“Liquidity Decree”), an enhanced framework of business support established to manage the challenges associated with COVID-19. This loan provides MTM with improved liquidity for working capital, payroll, and capital investment.“UniCredit’s support of Westport Fuel Systems’ Italian activities bolsters a local business with a strong entrepreneurial reality and international...