Month: July 2020

THIS RELEASE MAY NOT BE DISTRIBUTED TO US WIRE SERVICES FOR UNITED STATES DISTRIBUTION.MONTREAL, July 29, 2020 (GLOBE NEWSWIRE) — The management of Vanstar Mining Resources (TSX.V – VSR) would like to make an update on the work currently underway on the various mining projects of the company.Regarding the Nelligan project, the company is still awaiting the results of the last drilling carried out last winter. The delays – deemed highly unreasonable by the company – are largely attributed to the slowness and limited availability of the analysis laboratories, which found themselves in high demand by a very large number of mining exploration companies following the reopening of the exploration work last May.“Obviously, like many shareholders, we are really frustrated to wait for results coming from the last winter...

CE COMMUNIQUÉ NE PEUT PAS ÊTRE DISTRIBUÉ AUX SERVICES DE FIL DE PRESSE AMÉRICAINS POUR FINS DE DIFFUSION AUX ÉTATS-UNIS.MONTRÉAL, 29 juill. 2020 (GLOBE NEWSWIRE) — La direction de Ressources Minières Vanstar  ( TSX.V – VSR ) aimerait faire une mise à jour quant aux travaux actuellement en cours sur les différents projets miniers de la société.Concernant le projet Nelligan, la société est toujours en attente des résultats des derniers forages réalisés au cours de l’hiver dernier. Les délais – jugés fort déraisonnables par la société – sont en grande partie imputés à la lenteur et au peu de disponibilité des laboratoires d’analyses, lesquels se sont trouvés fortement sollicités par un nombre très importants de compagnies d’explorations minières suivant la réouverture des travaux d’exploration en Mai dernier.« Évidemment,...

Orlando, Florida, July 29, 2020 (GLOBE NEWSWIRE) — IZEA Worldwide, Inc. (NASDAQ: IZEA), the premier provider of influencer marketing technology, data, and services for the world’s leading brands, announced today that it has secured a mid six-figure contract with a leading entertainment company, a division of a Fortune 100 corporation. The contract represents the largest award IZEA has received from this customer to date, following a string of successful influencer marketing campaigns which have generated in excess of ten billion views on social media. IZEA will be executing a large-scale influencer marketing initiative that will include influencers in the United States, Latin America, Asia, and Europe across a variety of social media channels and content formats.“Coronavirus has fundamentally changed the way that companies operate...

COLDWATER, Mich., July 29, 2020 (GLOBE NEWSWIRE) — Southern Michigan Bancorp, Inc. (OTC Pink: SOMC) announced second quarter 2020 net income of $1,831,000, or $0.79 per share, compared to net income of $2,326,000, or $1.01 per share, for the second quarter of 2019.  Southern earned $3,344,000, or $1.45 per share, for the six-month period ending June 30, 2020 compared to $4,246,000, or $1.84 per share, for the same six-month period a year ago.   John H. Castle, Chairman and Chief Executive Officer of Southern Michigan Bancorp, Inc., stated, “During these challenging times created by the COVID-19 pandemic, we have continued to focus on the needs of our customers.  We provided temporary relief to both our commercial and retail customers by modifying over 350 loans since the start of the pandemic.  In addition, we were able to process...

FREMONT, Calif., July 29, 2020 (GLOBE NEWSWIRE) — Enphase Energy, Inc. (NASDAQ:ENPH), a global energy technology company and the world’s leading supplier of solar microinverters, today announced that it has started production shipments of the Enphase Encharge™ storage system to customers in North America. Encharge storage systems feature Enphase Ensemble™ energy management technology, which powers the world’s first grid-agnostic microinverter-based storage system.“We are pleased to deliver the Enphase Encharge storage system to installers, and provide homeowners a world-class, all-in-one smart energy system,” said Badri Kothandaraman, president and CEO of Enphase Energy. “We shipped units in June for pilot runs with a few of our installers, and the feedback has been great. Installers clearly see this system as a safe, reliable,...

Intends to File Voluntary Chapter 11 Petitions to Implement Financial RestructuringReceives Committed DIP and Exit Financing of up to $615 Millionto Support Continued Operations in the Normal CoursePLANO, Texas, July 29, 2020 (GLOBE NEWSWIRE) — Denbury Resources Inc. (NYSE: DNR) (“Denbury” or the “Company”) today announced that it has entered into a Restructuring Support Agreement (the “RSA”) with funded debtholders holding 100% of revolving credit facility loans, approximately 67.2% of second lien notes and approximately 70.8% of convertible notes for a “pre-packaged” plan that will eliminate the Company’s $2.1 billion of bond debt.To implement the balance sheet restructuring contemplated by the RSA, the Company is soliciting approval of the “pre-packaged” plan and expects to file voluntary petitions for reorganization under Chapter...

GRAND BAIE, Mauritius, July 29, 2020 (GLOBE NEWSWIRE) — Alphamin Resources Corp. (AFM:TSXV, APH:JSE AltX, “Alphamin” or the “Company”) is pleased to provide the following updates regarding its operational initiatives and ownership level of its flagship Bisie tin mine in the Democratic Republic of the Congo.Alphamin to increase ownership of its Bisie tin mineIn connection with Alphamin’s equity offering concluded in May 2020, Alphamin settled certain third-party indebtedness of indirect subsidiary Alphamin Bisie Mining SA (ABM), the owner of the Bisie tin mine, by the issue of Alphamin shares in consideration for a temporary loan due by ABM. Alphamin has now secured the required Board and shareholder approvals from ABM to convert this ABM loan into new shares of ABM. This will increase Alphamin’s equity ownership of its flagship...

SOUTH ORANGE, NJ, July 29, 2020 (GLOBE NEWSWIRE) — via NEWMEDIAWIRE — Nephros, Inc. (Nasdaq: NEPH), a commercial-stage company that develops and sells water purification products and pathogen detection systems to the medical and commercial markets, today announced that it will file its second quarter 2020 financial results on Wednesday, August 5, 2020 and will host a conference call that same day at 4:30 PM ET, during which management will discuss the company’s financial results and provide a general business overview. Participants may dial into the following number to access the call: 1-844-808-7106. International callers may use 1-412-317-5285. Please ask to be joined into the Nephros conference call. A replay of the call can be accessed until August 12, 2020 at 1-877-344-7529 or 1-412-317-0088 for international callers...

WASHINGTON, July 29, 2020 (GLOBE NEWSWIRE) — FTI Consulting, Inc. (NYSE: FCN) today announced that Global Arbitration Review (“GAR”) has recognized the firm and its Compass Lexecon subsidiary as top expert witness firms in its annual GAR 100 Expert Witness Firms’ Power Index.FTI Consulting ranked first, and Compass Lexecon ranked third among all firms. According to GAR’s analysis, FTI Consulting continues to lead the ranks with 29 expert witnesses recognized by Who’s Who Legal and recorded more than 90 construction hearings to date, the most of any firm. Compass Lexecon remains the number one firm for energy, with 32 hearings recorded. Compass Lexecon is also credited with having the most investor-state cases, with 28 hearings logged.This year, GAR’s Power Index collected information directly from expert firms via questionnaires...

~ First Quarter Sales of $247.1 Million ~~ First Quarter Diluted EPS of $.09, including $.06 of Store Closing Costs ~~ Provides Update on Actions to Mitigate Impact of COVID-19 Pandemic ~~ Completes Rollout of Amazon.com Collaboration to Provide Tire Installation Services Across Store Base ~~ Completes Planned Closure of 42 Stores as Part of Portfolio Optimization ~~ Amends Revolving Credit Facility to Maximize Financial Flexibility ~~ Not Issuing Fiscal 2021 Guidance Due to Uncertainty Related to COVID-19 ~ROCHESTER, N.Y., July 29, 2020 (GLOBE NEWSWIRE) — Monro, Inc. (Nasdaq: MNRO), a leading provider of automotive undercar repair and tire services, today announced financial results for its first quarter ended June 27, 2020.First Quarter ResultsSales for the first quarter of the fiscal year ending March 27, 2021 (“fiscal 2021”)...