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Month: July 2020

Right Time Completes Acquisition of M&R Heating

ST. CATHARINES, Ontario, July 17, 2020 (GLOBE NEWSWIRE) — Right Time Heating and Air Conditioning Canada (“Right Time” or the “Company”) is pleased to announce the acquisition of Moore & Russell Heating LTD (“M&R Heating”). Founded in 1963, M&R Heating provides residential HVAC and hot water services to the Vancouver market from its branch in Coquitlam, British Columbia. Management and employees of M&R Heating will join the Right Time team and will benefit from Right Time’s management and training capabilities as well as support of the Company’s executive leadership based in St. Catharines, Ontario.M&R Heating is the third acquisition completed by Right Time, following its partnership with Toronto-based Clairvest Group in November 2018. Right Time continues to grow in its existing markets by providing industry...

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DHT Holdings, Inc. to announce second quarter 2020 results Monday August 10, 2020

HAMILTON, BERMUDA, July 17, 2020 – DHT Holdings, Inc. (NYSE: DHT) (the “Company”) will release its second quarter 2020 results after market close on Monday August 10, 2020.The Company will host a conference call and webcast, which will include a slide presentation at 8:00 a.m. EST/14:00 CET on Tuesday August 11, 2020 to discuss the results for the quarter. The conference call may be accessed by calling +1 646 741 3167 within the United States,21 56 30 15 within Norway and +44 (0) 2071 928338 for international callers. The confirmation code is “1249655”.The webcast which will include a slide presentation will be available on the following link:https://edge.media-server.com/mmc/p/i54k3tis  and can also be accessed in the Investor Relations section on DHT’s website at http://www.dhtankers.com.About DHT Holdings, Inc.DHT is an...

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DCP Midstream to Host Conference Call on August 6 to Discuss Second Quarter 2020 Financial Results

DENVER, July 17, 2020 (GLOBE NEWSWIRE) — DCP Midstream, LP (NYSE: DCP) will host a conference call to discuss its second quarter 2020 earnings at 10:00 a.m. ET on Thursday, August 6, 2020, which will be released after the New York Stock Exchange closes for trading on Wednesday, August 5, 2020.The live audio webcast of the conference call and accompanying presentation slides can be accessed through the Investors section on the DCP website at www.dcpmidstream.com and the conference call can be accessed by dialing (844) 233-0113 in the United States or (574) 990-1008 outside the United States. The conference confirmation ID number is 8398286.A replay of the conference call will be available until August 20, 2020, by dialing (855) 859-2056 in the United States or (404) 537-3406 outside the United States and using the above conference...

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DHT Holdings, Inc. announces notice of redemption all of its outstanding 4.5% Convertible Senior Notes due 2021

HAMILTON, BERMUDA, July 17, 2020 – DHT Holdings, Inc. (NYSE:DHT) (the “Company”) announces that it has sent notice of its intention to redeem all of the Company’s outstanding 4.5% Convertible Senior Notes due 2021 (CUSIP No. 23335SAD8) (the “Securities”), on August 21, 2020 (the “Redemption Date”), at a price equal to (a) 100% of the principal amount of Securities being redeemed plus (b) accrued and unpaid interest, if any, to, but excluding, the Redemption Date.  The Securities may be converted into shares of common stock of the Company at any time before the close of business on August 20, 2020, upon satisfaction of the requirements therefor set forth in the Indenture.  The Conversion Rate for the Securities is 187.0208 shares of common stock per $1,000 principal amount of Securities.The details concerning the terms and conditions of...

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Genesis Health Clubs Announces Acquisition of all Seven Locations of The Athletic Clubs

WICHITA, Kan., July 17, 2020 (GLOBE NEWSWIRE) — Fresh off its recent expansion in Des Moines, Iowa, Genesis Health Clubs today announced the acquisition of all seven locations of The Athletic Clubs, formerly known as Prairie Life Fitness, across three states.Rodney Steven II, Genesis Health Clubs President and Owner, emphasized how perfect this acquisition was to the company. “Opportunities like this don’t come along very often. The Athletic Clubs are a strong, amenity-rich organization that fits our model perfectly, and they are present in key markets for us. This helps us to really consolidate and strengthen our footprint in an almost perfect way. You couldn’t make up a better acquisition for us.”The Athletic Clubs Owner Tony Dahmen agreed. “We’ve enjoyed competing with Genesis. You want the...

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Chicken Soup for the Soul Entertainment Announces the Closing of $21 Million of Notes Due 2025

COS COB, Conn., July 17, 2020 (GLOBE NEWSWIRE) — Chicken Soup for the Soul Entertainment Inc. (Nasdaq: CSSE) (the “Company”), one of the largest operators of streaming advertising-supported video-on-demand (AVOD) networks, today announced the closing of its underwritten public offering of an aggregate principal amount of $21 million 9.5% Notes due 2025 (“Notes”). The Notes are expected to begin trading on Nasdaq under the symbol “CSSEN” within 30 days of the original issue date. The Notes will not be convertible into or exchangeable for any of the Company’s other securities.Interest payments will be made quarterly in arrears on March 31, June 30, September 30, and December 31 each year, beginning September 30, 2020. The Company can redeem the Notes, in whole or in part, at any time on or after July 31, 2022 or upon a change of control...

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Rockridge Resources Grants Stock Options

VANCOUVER, British Columbia, July 17, 2020 (GLOBE NEWSWIRE) — Rockridge Resources Ltd. (TSX-V: ROCK) (“Rockridge”) (the “Company”) announces, pursuant to its stock option plan, that the Company has granted incentive stock options to its directors, officers, employees and consultants to purchase up to an aggregate of 1,500,000 common shares in the capital stock of the Company, exercisable for a period of five years, at a price of $0.175 per share. The Company’s 10% rolling stock option plan was approved by the shareholders at the Annual General Meeting of the Company held in 2019.About Rockridge Resources Ltd.:Rockridge Resources is a publicly traded mineral exploration company focused on the acquisition, exploration, and development of mineral resource properties in Canada and other mining-friendly jurisdictions. The Company’s...

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Provident Bancorp, Inc. Reports Earnings for the June 30, 2020 Quarter and Initiates Payment of Quarterly Cash Dividends of $0.03 per Share

AMESBURY, Mass., July 17, 2020 (GLOBE NEWSWIRE) — Provident Bancorp, Inc. (the “Company”) (NasdaqCM: PVBC), the holding company for The Provident Bank (the “Bank”), reported net income for the three months ended June 30, 2020 of $3.3 million, or $0.18 per diluted share, compared to $2.5 million, or $0.13 per diluted share, for the three months ended June 30, 2019. Net income for the six months ended June 30, 2020 was $4.5 million, or $0.25 per diluted share, compared to $4.8 million, or $0.25 per diluted share, for the six months ended June 30, 2019. As a result of the completion of the second-step conversion and related stock offering in October 2019, all historical share and per share information has been restated to reflect the 2.0212-to-one exchange ratio.The Company also announced that its Board of Directors has declared a...

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Emclaire Financial Corp Reports Earnings for Second Quarter 2020

EMLENTON, Pa., July 17, 2020 (GLOBE NEWSWIRE) — Emclaire Financial Corp (NASDAQ:EMCF), the parent holding company of The Farmers National Bank of Emlenton, reported consolidated net income available to common stockholders of $1.2 million, or $0.44 per diluted common share, for the three months ended June 30, 2020, a decrease of $846,000, or 41.3%, from $2.0 million, or $0.75 per diluted common share, reported for the comparable period in 2019. Net income available to common stockholders for the six-month period ended June 30, 2020 was $2.4 million, or $0.88 per diluted common share, a decrease of $1.7 million, or 42.1%, from $4.1 million, or $1.52 per diluted common share, for the same period in 2019. The decrease in net income for both periods compared to the same periods in 2019 resulted from a decrease in net interest income...

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Malaga Financial Corporation Reports 23% Increase in Second Quarter Earnings

PALOS VERDES ESTATES, Calif., July 17, 2020 (GLOBE NEWSWIRE) — Malaga Financial Corporation (OTCPink:MLGF), the parent company of Malaga Bank FSB, today reported that net income for the quarter ended June 30, 2020 was $4,620,000 ($0.63 basic and fully diluted earnings per share), an increase of $859,000 or 23% from net income of $3,761,000 ($0.52 basic and fully diluted earnings per share, as adjusted for stock dividends declared on November 15, 2019) for the quarter ended June 30, 2019. Net income for the quarter ended June 30, 2020 was $4,620,000 ($0.63 basic and fully diluted earnings per share), an increase of $436,000 or 10% from net income of $4,184,000 ($0.57 basic and fully diluted earnings per share) for the quarter ended March 31, 2020.  Net income for the six months ended June 30, 2020 was $8,804,000 ($1.20 basic and fully...

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