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Month: July 2020

Salarius Announces Proposed Public Offering of Common Stock

HOUSTON, July 29, 2020 (GLOBE NEWSWIRE) — Salarius Pharmaceuticals, Inc. (Nasdaq: SLRX), a clinical-stage oncology company targeting cancers caused by dysregulated gene expression, today announced that it has commenced an underwritten public offering of shares of its common stock.  All of the shares are being offered by Salarius.  The offering is subject to market and other conditions, and there can be no assurance as to whether or when the offering may be completed, or as to the actual size or terms of the offering.Ladenburg Thalmann & Co. Inc. is acting as sole book-running manager in connection with the public offering.A shelf registration statement on Form S-3 (File No. 333-231010) relating to the shares was filed with the Securities and Exchange Commission (the “SEC”) and was declared effective by the SEC on May 17, 2019....

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CubeSmart Declares Third Quarter 2020 Dividend

MALVERN, Pa., July 29, 2020 (GLOBE NEWSWIRE) — CubeSmart (NYSE: CUBE) a self-administered and self-managed real estate investment trust focused on self-storage properties, announced today that its Board of Trustees declared a quarterly dividend of $0.33 per common share for the period ending September 30, 2020. The dividend is payable on October 15, 2020 to common shareholders of record on October 1, 2020.About the CompanyCubeSmart is a self-administered and self-managed real estate investment trust. CubeSmart owns or manages 1,250 self-storage properties across the United States. According to the 2020 Self Storage Almanac, CubeSmart is one of the top three owners and operators of self-storage properties in the U.S.The Company’s mission is to simplify the organizational and logistical challenges created by the many life events and...

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United States Lime & Minerals Reports Second Quarter 2020 Results and Declares Regular Quarterly Cash Dividend

DALLAS, July 29, 2020 (GLOBE NEWSWIRE) — United States Lime & Minerals, Inc. (NASDAQ: USLM) today reported second quarter 2020 results:  The Company’s revenues in the second quarter 2020 were $37.5 million, compared to $39.0 million in the second quarter 2019, a decrease of $1.4 million, or 3.6%.  For the first six months 2020, revenues were $76.0 million, compared to $76.8 million in the first six months 2019, a decrease of $0.8 million, or 1.0%.  The decreases in revenues in the second quarter and first six months 2020, compared to the comparable 2019 periods, resulted primarily from reduced sales volumes of the Company’s lime and limestone products due to decreased demand, principally from the Company’s oil and gas services, steel, and environmental customers, partially offset by increased demand from the Company’s construction...

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Tree Island Steel Announces Second Quarter 2020 Results

VANCOUVER, British Columbia, July 29, 2020 (GLOBE NEWSWIRE) — Tree Island Steel (”Tree Island” or the ”Company”) (TSX: TSL) announced today its financial results for the three and six months ended June 30, 2020.For the three‐month period ended June 30, 2020, revenues decreased by $2.2 million to $50.5 million, from lower volumes shipped in our Commercial and Residential Construction segment sales, which were related to the Covid‐19 regional stay‐at‐home government orders. Gross profit for the second quarter increased to $5.9 million, from $4.9 million in the same period in 2019, as a result of improved cost management and product mix. EBITDA amounted to $4.0 million, compared to $2.6 million during the same period in 2019, as a result of improved gross profit margins and lower selling, general and administrative...

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Viscount Mining Announces Closing of Over Subscribed Non – Brokered Private Placement

VANCOUVER, British Columbia, July 29, 2020 (GLOBE NEWSWIRE) — Viscount Mining Corp. (TSX-V: VML) (OTCQB: VLMGF) (“Viscount Mining”) is pleased to announce it has closed its non-brokered private placement (the “Private Placement”) with the assistance of IBK Capital Corp announced by news release dated July 23, 2020. The private placement was originally announced for total gross proceeds of up to $4,000,000 however Viscount filed a price reservation form to increase the size of the Private Placement to total gross proceeds of $5,000,000 with and as sought approval for an over-allotment of 15% for a total of $5,750,000.The closing comprises 23,958,332 units of the Company (each a “Unit”) at a price of $0.24 per Unit. Each Unit consists of one common share of the Company (a “Share”) and one transferrable Share purchase warrant...

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Petroteq Announces New Financing, Amendment to Securities and Shares for Debt

SHERMAN OAKS, Calif., July 29, 2020 (GLOBE NEWSWIRE) — Petroteq Energy Inc. (“Petroteq” or the “Company”) ‎‎(TSXV:PQE; ‎OTC:PQEFF; FSE:PQCF), an integrated oil ‎company focused on the development and implementation of its proprietary oil-‎extraction and remediation technologies, announces the receipt of an irrevocable subscription agreement from an arm’s length lender (the “Lender”) for a US$150,000 principal amount (including a 20% original ‎issue discount) convertible debenture, and warrants exercisable for up to ‎3,033,980‎ common shares ‎of the Company at US$0.0412 per share for 12 months. The debenture will have a term of 12 months and bear no annual interest. At the option of the holder the purchase price of the debenture (US$125,000) shall be convertible into ‎3,033,980 ‎common shares of the Company at US$0.0412 per share....

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Republic Bank of Arizona Announces Unaudited Financial Results For the Quarter Ending June 30, 2020

PHOENIX, July 29, 2020 (GLOBE NEWSWIRE) — Republic Bank of Arizona (OTCBB:RBAZ) (“RBAZ”) (“Bank”) announced a net income of $159,000, or $0.09 per share, for the quarter ended June 30, 2020 and $171,000, or $0.10 per share, for the six months ended June 30, 2020 as compared to a net income of $123,000, or $0.07 per share, for the quarter ended June 30, 2019 and $358,000, or $0.20 per share, for the six months ended June 30, 2019. Current year earnings of $0.10 per share were comprised of $0.06 per share attributable to core operations and $0.04 per share due to impacts from the Paycheck Protection Program (PPP). Prior year earnings of $0.20 per share were comprised of $0.15 per share attributable to core operations and $0.05 per share due to net one-time items.President and CEO Brian Ruisinger stated “The Paycheck Protection Program...

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Foresight Solar & Technology VCT Plc – Annual Financial Report

FORESIGHT SOLAR & TECHNOLOGY VCT PLCOrdinary Shares Total Net Assets as at 31 March 2020: £25.8mOrdinary Shares Net Asset Value per share as at 31 March 2020: 72.7pForesight Williams Technology Shares Total Net Assets as at 31 March 2020: £1.1mOrdinary Shares FundTwo interim dividends of 3.0p per Ordinary Share were paid during the year, on 26 April 2019 and 22 November 2019.After payment of 6.0p in dividends, Net Asset Value per Ordinary Share at 31 March 2020 was 72.7p (31 March 2019: 96.4p). The fall in Net Asset Value was largely driven by a material reduction in market power prices forecast by the energy industry’s independent, external modelling agencies.The Company completed a tender offer in March 2020, allowing holders of Ordinary Shares an opportunity to exit their investment at a price of 81.2p per share, which represents...

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Crédit Agricole d’Ile-de-France : Résultats Financiers au 30 juin 2020

PNB D’ACTIVITÉ EN HAUSSE ET STRUCTURE FINANCIÈRE SOLIDEPOUR ACCOMPAGNER LE REDRESSEMENT DE L’ÉCONOMIEParis, le 29 juillet 2020.Le Conseil d’Administration s’est réuni ce mercredi 29 juillet pour arrêter les comptes du premier semestre 2020.> Des encours crédits + collecte approchant 120 milliards d’euros et en soutien de nos clientsAprès une activité commerciale soutenue sur les deux premiers mois de l’année, avec plus de 24 000 nouveaux clients au premier trimestre, les mois de mars et avril ont été marqués par un fort ralentissement en raison des mesures de confinement liées à la crise sanitaire Covid-19.Néanmoins, les encours de crédit progressent de 12,5% sur un an glissant, tirés par les besoins de trésorerie de nos clients Professionnels et Entreprises, et par une production habitat (2,8 Mds€) enregistrant les dossiers...

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Islandsbanki hf.: First Half 2020 Financial Results

Second quarter 2020 (2Q20) financial highlightsÍslandsbanki reported a profit of ISK 1.2bn in 2Q20 compared to ISK 2.1bn in 2Q19, generating a 2.8% annualised return on equity (2Q19: 4.9%).NII fell by 2.1% compared to 2Q19 which is mostly explained by the Central Bank’s 200bp cut in its policy rate in late Q1 and in Q2. NFCI fell by 16.4% mostly due to reduced payment card activity. Other net operating income were ISK 98m compared to ISK 192m in 2Q19.Administrative expenses fell by 5.6% as a result of cost cutting initiatives in recent years. Impairment amounting to ISK 2.4bn in 2Q20 is to a large extent the result of a re-evaluation of the possible effects of the COVID-19 pandemic on exposures to customers in the tourism industry, classified as Stage 2.Loans to customers increased by ISK 9.5bn, largely driven by loans to individuals....

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