Month: July 2020

MIAMI (July 15, 2020) – Nationally recognized public accounting firm MBAF has promoted two professionals to the position of director. The announcements were made by the firm’s Chairman and CEO, Tony Argiz. Javier Casabona, CPA, has been promoted to director in the Audit department at MBAF’s Miami office. Since 2007, he has conducted attestation engagements for entities in various industries such as casinos, hospitality, health care, sport franchises, manufacturing, real estate and wholesale/distribution. Casabona specializes in auditing real estate and hospitality organizations under Generally Accepted Accounting Principles (GAAP), and his extensive experience includes hotels, casinos, commercial and residential real estate, among others. Casabona received a Bachelor of Accounting from Florida International University. Jimmy Vora,...

VAL D’OR, Québec, July 23, 2020 (GLOBE NEWSWIRE) — Cartier Resources Inc. (TSX-V: ECR) (the “Company” or “Cartier’) announces that in connection with its previously announced best efforts private placement offering, the Company and Paradigm Capital Inc. (the “Agent”) have agreed to increase the size of the offering to up to aggregate gross proceeds of $8.5 million. The Company will now issue up to 19,767,500 common shares of the Company that qualify as “flow-through shares” (within the meaning of subsection 66(15) of the Income Tax Act (Canada) and section 359.1 of the Taxation Act (Québec)) (“FT Shares“) to be issued at C$0.43 per FT Share (the “Offering”).In addition, the Agent has been granted an option to sell up to that number of additional FT Shares for additional gross proceeds of up to C$1,275,004.Pursuant...

VAL D’OR, Québec, 23 juill. 2020 (GLOBE NEWSWIRE) — Ressources Cartier Inc. (TSX-V: ECR) (la « société » ou « Cartier ») annonce que dans le cadre de son placement pour compte annoncé précédemment, la société et Paradigm Capital Inc. (le « placeur pour compte ») ont convenu d’augmenter la taille du placement jusqu’à concurrence d’un produit brut global de 8,5 millions de dollars. La société émettra désormais jusqu’à concurrence de 19 767 500 actions ordinaires de la société se qualifiant à titre d’ « actions accréditives » (au sens du paragraphe 66(15) de la Loi de l’impôt sur le revenu (Canada) et de l’article 359.1 de la Loi sur les impôts (Québec) (les « actions accréditives ») à un prix de 0,43 $ CAN par action accréditive (le « placement »).De plus, le placeur pour compte s’est vu octroyer une option de vendre un...

Hexatronic Group AB (publ) 556168-6360Pressmeddelande 23 juli 2020Hexatronic stärker sitt systemerbjudande i USA med förvärvet av The Light BrigadeHexatronic Group AB (publ) (“Hexatronic”) har den 23 juli 2020 ingått avtal om förvärv av samtliga aktier i The Light Brigade Inc. (“Light Brigade”), en USA-baserad leverantör av fiberoptisk utbildning för bredbandskommunikation, trådlösa nätverk, tjänsteleverantörer, datacenter, energisektorn, olja och gas, gruvdrift och industrisektorer.Light BrigadeLight Brigade grundades 1990 och har utbildat mer än 60 000 personer inom fiberoptik. Huvudkontoret är baserat i Kent, Washington, och har instruktörer som är baserade i flera andra delstater för att kunna erbjuda utbildning över hela Nordamerika. De erbjuder utbildning i mer än 75 olika städer per år. Verksamheten fokuserar...

Hexatronic Group AB (publ) 556168-6360Press Release July 23, 2020Hexatronic strengthens its system offering in the US with the acquisition of The Light BrigadeHexatronic Group AB (publ) (“Hexatronic”) has on the 23rd of July 2020 entered into an agreement to acquire all shares in The Light Brigade Inc. (“Light Brigade”), a US-based fiber optic training provider for the wireline, wireless, broadband communication, service providers, data centre, electric utility, oil & gas, mining, and industrial market sectors.Light BrigadeLight Brigade was established in 1990 and has trained more than 60,000 people in fiber optics. The headquarters is based in Kent, Washington state, and it has trainers based in several other states to cover all of North America. This enables training to be offered in more than 75 different cities each year. The...

MCLEAN, Va., July 23, 2020 (GLOBE NEWSWIRE) — Freddie Mac (OTCQB: FMCC) recently priced a new offering of Structured Pass-Through Certificates (K Certificates) which are backed by underlying collateral consisting of supplemental multifamily mortgages. The company expects to issue approximately $330 million in K Certificates (K-J30 Certificates), which are expected to settle on or about July 30, 2020.K-J30 PricingCo-Lead Managers and Joint Bookrunners: J.P. Morgan Securities LLC and Morgan Stanley & Co. LLCCo-Managers: BofA Securities, Inc., BMO Capital Markets Corp., Credit Suisse Securities (USA) LLC and Multi-Bank Securities, Inc.Related LinksThe K-J30 Offering Circular Supplement: http://www.freddiemac.com/mbs/data/kj30oc.pdf [pdf] Freddie Mac Multifamily Securitization Overview [pdf]Multifamily Securities Investor Access...

FORT COLLINS, Colo., July 23, 2020 (GLOBE NEWSWIRE) — Woodward, Inc. (NASDAQ: WWD) announced today that it expects to report its fiscal 2020 third quarter financial results at approximately 4:00 p.m. EDT on Thursday, August 6, 2020. A news release will be issued at that time and a conference call will be held at 4:30 p.m. EDT.During the conference call, the company will provide an overview of its business and financial performance. You are invited to listen to the call live via the company’s website, www.woodward.com, on August 6, 2020. The call and presentation will be available on the website by selecting “Investors/Events & Presentations/Events Calendar” from the menu, and will remain accessible on the company’s website for 14 days. You may also listen to the call by dialing 1-877-231-2582 (domestic) or 1-478-219-0714 (international)....

SAN DIEGO, July 23, 2020 (GLOBE NEWSWIRE) — Progenity, Inc. (Nasdaq: PROG), a biotechnology company focused on providing complex molecular and specialized diagnostic tests to clinicians as well as innovating in the field of precision medicine, today announced that it has entered into agreements with the Department of Justice (DOJ) and the Department of Health and Human Services that resolve civil and criminal investigations by such agencies related to certain past business, promotional, and billing practices. After reviewing the Company’s extensive remediation and cooperation efforts, among other considerations, the DOJ determined not to prosecute Progenity and instead entered into a non-prosecution agreement in parallel with civil settlements.“We are very pleased to resolve this matter as it allows us to move forward and concentrate...

WEST POINT, Va., July 23, 2020 (GLOBE NEWSWIRE) — C&F Financial Corporation (the Corporation) (NASDAQ:CFFI), the one-bank holding company for C&F Bank, today reported consolidated net income of $3.7 million, or $1.03 per share, for the second quarter of 2020, compared to $5.8 million, or $1.69 per share, for the second quarter of 2019.  The Corporation reported consolidated net income of $7.4 million for the first six months of 2020, or $2.01 per share, compared with $9.6 million, or $2.77 per share, for the first six months of 2019.  Consolidated net income for the second quarter and first six months of 2020 included provision for loan losses of approximately $3.5 million and $5.5 million, respectively, related to the effects of the COVID-19 pandemic and resulting economic disruption.  Annualized returns on average equity...