Month: July 2020

TORONTO, July 29, 2020 (GLOBE NEWSWIRE) — Currency Exchange International, Corp. (TSX: CXI) (OTCBB: CURN ), a full service foreign exchange technology and services provider, is pleased to announce its wholly-owned subsidiary Exchange Bank of Canada (EBC) has closed its acquisition of the assets of a Canadian international payments business that has operated 24 years in the Province of Québec. The regulatory approval for the asset purchase agreement was first announced in the Company’s press release dated June 30, 2020.“The acquisition of this proven international payments business is reflective of the Bank of Canada’s dedication to growing its international payments business line and its total contribution to the bank group. With approximately 400 active corporate customers transitioning to EBC, the transaction is expected...

VANCOUVER, British Columbia, July 29, 2020 (GLOBE NEWSWIRE) — Orezone Gold Corporation (TSX.V: ORE OTCQX: ORZCF) is pleased to announce that Burkina Faso’s National Commission of Mines has approved the modification of the Bomboré mining permit to include all aspects of the future Phase II Expansion.  This follows on from the recent environmental (ESIA) approval received in April 2020 (see Press Release dated April 14, 2020).The approval encompasses the Phase II mining and processing of higher-grade fresh rock and lower transition reserves, and the high-grade P17S deposit, in addition to the Phase I oxide reserves covered under the original mining permit.Patrick Downey, President and CEO commented, “We have now received all major permitting required to execute on the mine plan in the 2019 feasibility study for the Bomboré Gold Project....

Highlights:Net sales of $233.2 million, down 8.3% compared to $254.2 million in Q2 2019. Order volume was down early in the quarter compared to prior year and improved throughout the quarter ending with a strong June that has continued through July. Diluted earnings per share (EPS) on a GAAP basis of $0.43 compared to $0.66 in Q2 2019.Adjusted diluted EPS* of $0.47 compared to $0.68 in Q2 2019.Dorman remains well-positioned to navigate the ongoing COVID-19 pandemic with a strong balance sheet and ample liquidity.COLMAR, Pa., July 29, 2020 (GLOBE NEWSWIRE) — Dorman Products, Inc. (the “Company” or “Dorman”) (NASDAQ:DORM), a leading supplier in the automotive aftermarket industry, today announced its financial results for the second quarter ended June 27, 2020.2nd Quarter Financial ResultsThe Company reported second quarter 2020 net...

PORTSMOUTH, N.H., July 29, 2020 (GLOBE NEWSWIRE) —Bottomline and the BT logo are trademarks of Bottomline Technologies (de), Inc. which may be registered in certain jurisdictions. All other brand/product names may be trademarks of their respective owners.BTInvestorPR

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATESTORONTO, July 29, 2020 (GLOBE NEWSWIRE) — African Gold Group, Inc. (TSX-V: AGG) (“AGG” or the “Company”) is pleased to announce that it has closed, on an oversubscribed basis, the first tranche of the previously announced C$5,000,000 non-brokered private placement financing of common shares (the “Offering”) for gross proceeds of C$5,590,000 (the “First Tranche”), see press release from July 22, 2020.Pursuant to the First Tranche, the Company issued 22,360,000 units of the Company (each a “Unit” and collectively, the “Units”) at a price of C$0.25 per Unit for gross proceeds of C$5,590,000. Each Unit consists of one common share of the Company and one half of a common share purchase warrant (each whole common share purchase warrant, a...

PEMBROKE, Bermuda, July 29, 2020 (GLOBE NEWSWIRE) — WATFORD HOLDINGS LTD. (“Watford” or the “Company”) (NASDAQ: WTRE) today reported net income of $188.8 million, after $1.1 million of preference dividends, for the three months ended June 30, 2020, compared to net income of $13.8 million, after payment of $4.9 million of preference dividends, for the same period in 2019. Book value per diluted common share was $38.82 at June 30, 2020, an increase of 37.6% from March 31, 2020. The quarterly results include:Net income available to common shareholders of $188.8 million, or $9.51 per diluted common share, or a 28.2% return on average equity, compared to net income of $13.8 million, or $0.61 per diluted common share, or a 1.5% return on average equity for the 2019 second quarter;Combined ratio of 108.0%, comprised of a 79.7% loss ratio,...

RUSTON, La., July 29, 2020 (GLOBE NEWSWIRE) — Century Next Financial Corporation (OTCQX: CTUY), the holding company of Century Next Bank, with $525.3 million in assets, today announced financial results for the 2nd quarter ended June 30, 2020.Financial PerformanceFor the three months ended June 30, 2020, Century Next Financial Corporation (the “Company”) had net income after tax of $1.52 million compared to net income of $1.18 million for the three months ended June 30, 2019, an increase of $344,000 or 29.2%.  Earnings per share (EPS) for the three months ended June 30, 2020 were $0.93 per basic and $0.92 per diluted share compared to $0.73 per basic and $0.71 per diluted share reported for the three months ended June 30, 2019. For the six  months ended June 30, 2020, Century Next Financial Corporation (the “Company”) had net income...

Third consecutive discovery offshore Suriname confirms a world-class hydrocarbon resource.Kwaskwasi-1 well encountered 278 meters (912 feet) of net oil and volatile oil / gas condensate pay.Fourth exploration prospect in Block 58, Keskesi East-1, will be drilled immediately following conclusion of operations at Kwaskwasi.  HOUSTON, July 29, 2020 (GLOBE NEWSWIRE) — Apache Corporation (Nasdaq: APA) and Total S.A. (NYSE: TOT) today announced a major oil discovery at the Kwaskwasi-1 well drilled offshore Suriname in Block 58. The well was drilled using the Noble Sam Croft with Apache as operator holding a 50% working interest and Total holding a 50% working interest.Kwaskwasi-1 was drilled to a depth of approximately 6,645 meters (21,800 feet) and successfully tested for the presence of hydrocarbons in multiple stacked targets in the...