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Month: July 2020

Discovery Metals Announces $35 Million Private Placement with $15 Million Investment from Eric Sprott

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATESTORONTO, July 24, 2020 (GLOBE NEWSWIRE) — Discovery Metals Corp. (TSXV: DSV; OTCQX: DSVMF) (“Discovery” or “the Company”) is pleased to announce that it has arranged a non-brokered institutional private placement (the “Private Placement”) to raise C$35,000,000 through the issuance of 25,925,925 units (“Units”) at a price of C$1.35 per Unit, representing a premium to its last closing price. Each Unit is comprised of one common share of Discovery (“Common Share”) and one half of one Common Share purchase warrant, with each full warrant exercisable at C$1.75 for a period of two years after the date of issuance.Mr. Eric Sprott has agreed to invest C$15,000,000 in the Private Placement, on the acquisition of 11,111,111 Units. This investment...

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Community West Bancshares Earns $1.2 Million, or $0.14 Per Diluted Share, in 2Q20; Declares Quarterly Cash Dividend of $0.045 Per Common Share; Provides COVID-19 Response Update

GOLETA, Calif., July 24, 2020 (GLOBE NEWSWIRE) — Community West Bancshares (Community West or the Company), (NASDAQ: CWBC), parent company of Community West Bank (Bank), today reported net income of $1.2 million, or $0.14 per diluted share, for the second quarter of 2020 (2Q20), compared to $1.6 million, or $0.19 per diluted share, for the first quarter of 2020 (1Q20), and $1.6 million, or $0.18 per diluted share, for the second quarter of 2019 (2Q19).  For the first six months of 2020, Community West reported net income of $2.8 million, or $0.32 per diluted share, compared to $3.1 million, or $0.36 per diluted share, for the first six months of 2019.COVID-19 Pandemic Update“Our second quarter earnings were affected by a number of items, including the impact of the Coronavirus pandemic on the economy, and the subsequent increase...

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FEMSA Announces Second Quarter 2020 Results

MONTERREY, Mexico, July 24, 2020 (GLOBE NEWSWIRE) — Fomento Económico Mexicano, S.A.B. de C.V. (“FEMSA”) (NYSE: FMX; BMV: FEMSAUBD) announced today its operational and financial results for the second quarter of 2020.COVID-19 UPDATE:We have kept our people and customer’s health and safety as our first priority. Our more than 25,000 vulnerable employees, and most of our administrative personnel remain safe at home, collaborating remotely when possible. We have increased availability of required protective equipment at most of our locations, and we have continued to successfully implement strict social distancing and health risk prevention policies across our operations, helping us in turn to ensure business continuity under a safe environment for our employees and customers.  On the financial liquidity front, we continue to operate...

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FEMSA Anuncia Resultados del Segundo Trimestre de 2020

MONTERREY, México, July 24, 2020 (GLOBE NEWSWIRE) — Fomento Económico Mexicano, S.A.B. de C.V. (“FEMSA”) (NYSE: FMX; BMV: FEMSAUBD) anuncia sus resultados operativos y financieros para el segundo trimestre del 2020.Actualización COVID-19:Hemos mantenido la salud y seguridad de nuestra gente y clientes como nuestra primera prioridad. Nuestros más de 25,000 empleados vulnerables y la mayoría de nuestro personal administrativo permanecen seguros en casa, colaborando remotamente cuando es posible. Hemos incrementado la disponibilidad del equipo de protección requerido en la mayoría de nuestras ubicaciones, y hemos continuado implementando exitosamente estrictas políticas de distanciamiento social y de prevención de riesgos a la salud a través de nuestras operaciones, ayudándonos a asegurar la continuidad de nuestro negocio en un ambiente...

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Ultragenyx to Host Conference Call for Second Quarter 2020 Financial Results and Corporate Update

NOVATO, Calif., July 24, 2020 (GLOBE NEWSWIRE) — Ultragenyx Pharmaceutical Inc. (NASDAQ: RARE), a biopharmaceutical company focused on the development and commercialization of novel products for serious rare and ultra-rare genetic diseases, today announced that it will host a conference call on Thursday, July 30, 2020 at 5pm ET to discuss second quarter 2020 financial results and provide a corporate update.The live and replayed webcast of the call will be available through the company’s website at https://ir.ultragenyx.com/events-presentations. To participate in the live call by phone, dial (855) 797-6910 (USA) or (262) 912-6260 (International) and enter the passcode 1808389. The replay of the call will be available for one year.About Ultragenyx Pharmaceutical Inc.Ultragenyx is a biopharmaceutical company committed to bringing to...

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Andina Acquisition Corp. III and EMMAC Life Sciences Limited to Host Joint Zoom Webcast and Conference Call Today at 11:00 AM to Discuss Non-Binding Letter of Intent for Business Combination

NEW YORK and LONDON, July 24, 2020 (GLOBE NEWSWIRE) — Andina Acquisition Corp. III (NASDAQ: ANDA, ANDAW, and ANDAU) (“Andina”) and EMMAC Life Sciences Limited (“EMMAC”) jointly announced that the companies will host a Zoom webcast and conference call at 11:00 AM ET today to discuss their non-binding letter of intent (the “LOI”) for a business combination, pursuant to which EMMAC would become a publicly traded company on the NASDAQ Stock Market. As consideration for the transaction, it is anticipated that the current EMMAC shareholders would collectively own a majority of the equity of the combined public company.Hosting the Zoom webcast and conference call from Andina with be Chairman Luke Weil and CEO Julio A. Torres and from EMMAC will be Executive Chairman Lorne Abony, CEO Antonio Costanzo, and CFO Thomas Ellen.The Zoom webcast...

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Fortress Affiliates Complete Their Acquisition of Finjan

EAST PALO ALTO, Calif. and NEW YORK, July 24, 2020 (GLOBE NEWSWIRE) — Finjan Holdings, Inc. (“Finjan”) (NASDAQ:FNJN) and affiliates of Fortress Investment Group LLC (such affiliates, collectively “Fortress”) today announced that Fortress has completed its previously announced acquisition of Finjan. Finjan, a recognized pioneer in the development of cybersecurity technologies, will maintain its brand and business model post-transaction, licensing a substantial patent portfolio that has been consistently upheld by courts and patent offices.The closing of the transaction follows the successful completion of Fortress’s offer to purchase a majority of Finjan’s outstanding shares of common stock for $1.55 per share in an all-cash tender offer (the “Tender Offer”), which was made pursuant to the terms of the definitive agreement for the...

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Marrone Bio Innovations to Report Second Quarter 2020 Results on Monday, August 10th at 4:30 p.m. Eastern Time

DAVIS, Calif., July 24, 2020 (GLOBE NEWSWIRE) — Marrone Bio Innovations Inc. (NASDAQ: MBII), an international leader in providing growers with sustainable bioprotection and plant health solutions to support global agricultural needs, will release financial results for the second quarter ended June 30, 2020, after market close on Monday, August 10th at 4:30 pm Eastern time.The company also announced that incoming Chief Executive Officer Kevin Helash, a Canadian citizen, has  received his visa, and his employment with Marrone Bio and service as a member of its board of directors will commence on August 3, 2020, as anticipated.“I am excited to join the team at Marrone Bio, and look forward to discussing the second quarter financial results with our shareholders on the August 10th conference call,” said Helash.Management will host an...

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Alingsås Tingsrätt fastställer ackord enligt förslag

Alingsås Tingsrätt har idag meddelat beslut från ackordsförhandling och fastställer ackordsförslaget. Samtidigt beslutar tingsrätten att förlänga rekonstruktionen till den 21 oktober.Det ackordsförslag som Clean Motion AB framställde den 18 juni har fastställts av tingsrätten. Beslutet vinner laga kraft den 14 augusti. Tingsrätten har samtidigt fattat beslut om att förlänga rekonstruktionen till den 21 oktober.Det offentliga ackordet innebär att fordringar betalas fullt upp till 2 000 kr och med 25% på belopp överstigande 2 000 kr. Alternativt erbjuds deltagande I kvittningsemission till en kurs på 1,05 kr per aktie.Ackordsförslaget och bolagets framtida verksamhet enligt rekonstruktionsplanen finansieras genom ett tillskott av eget kapital omfattande 15 000 000 kr genom riktad emission av aktier och/eller konvertibler till Interest Group...

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Atlantic Union Bankshares Corporation Declares Quarterly Common Stock Dividend and Preferred Stock Dividend

RICHMOND, Va., July 24, 2020 (GLOBE NEWSWIRE) — The Board of Directors (the “Board”) of Atlantic Union Bankshares Corporation (the “Company”) has declared a quarterly dividend of $0.25 per share of common stock.  The common stock dividend amount is the same as that paid in the prior quarter and the third quarter of 2019.Based on the Company’s common stock closing price of $23.79 on July 23, 2020, the dividend yield is approximately 4.2%.  The common stock dividend is payable on August 21, 2020 to common shareholders of record as of August 7, 2020.The Board also declared a quarterly dividend on the outstanding shares of its 6.875% Perpetual Non-Cumulative Preferred Stock, Series A (the “Series A preferred stock”). The Series A preferred stock is represented by depositary shares, each representing a 1/400th ownership interest in a...

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