Greenfields Petroleum Corporation Announces Delisting from TSX Venture Exchange

Written by Customer Service on August 31, 2020. Posted in Public Companies.

HOUSTON, Aug. 31, 2020 (GLOBE NEWSWIRE) — Greenfields Petroleum Corporation (the “Company” or “Greenfields“) (TSX VENTURE: GNF), a production focused company with operating assets in Azerbaijan, announces that the common shares of the Company (the “Shares”) will be voluntarily delisted from the facilities of the TSX Venture Exchange (the “TSXV”) effective as of the close of trading on Friday, September 11, 2020. Once the delisting is complete, it will no longer be possible to effect transactions involving the Shares on the TSXV, which will impact the liquidity of the Shares.As previously announced, the Company has also applied to cease to be a reporting issuer in each province in which it currently reports. If the application is granted, the Company’s public reporting obligations will be terminated. If the...

Bionano Genomics Announces Adjournment of Special Meeting of Stockholders to September 29, 2020

Written by Customer Service on August 31, 2020. Posted in Public Companies.

SAN DIEGO, Aug. 31, 2020 (GLOBE NEWSWIRE) — Bionano Genomics, Inc. (Nasdaq: BNGO) announced today that it has adjourned its Special Meeting of Stockholders held on August 31, 2020 to allow additional time to secure sufficient votes for its proposal to increase the number of its authorized shares. While approximately 75.6% of votes represented at the meeting were voted “For” the proposal, these votes represented only 47.5% of total shares outstanding as of the record date. Approval of the proposal requires the affirmative vote of a majority of total shares outstanding as of the record date.The meeting will reconvene at 10 a.m. Pacific Time on September 29, 2020. Voting polls will remain open until 11:59 p.m. Eastern Time on September 28th, 2020. During this time, stockholders may vote their shares or change a previously cast vote....

Kimball Electronics names Douglas Hass as Associate General Counsel and Assistant Secretary

Written by Customer Service on August 31, 2020. Posted in Public Companies.

JASPER, Ind., Aug. 31, 2020 (GLOBE NEWSWIRE) — Kimball Electronics, Inc. (NASDAQ: KE) announced today the hiring of Douglas A. Hass as Associate General Counsel and Assistant Secretary.Mr. Hass was previously General Counsel and Secretary of Lifeway Foods, Inc., the leading U.S. supplier of kefir and fermented probiotic products to support the microbiome.Mr. Hass has broad legal experience, not only in the corporate world, but in private and public legal practice, including a federal district court judicial clerkship. Prior to attending law school, Mr. Hass spent approximately a decade in the technology industry. He is a graduate of the University of Phoenix with a degree in Computer Science/Business and of the Indiana University Maurer School of Law.“Over his career, Doug has demonstrated his leadership skills in both law and...

CloudMD Reports 163% Year-Over-Year Q2 Results, Growth Driven by Telehealth and Acquisitions

Written by Customer Service on August 31, 2020. Posted in Public Companies.

Gross margins of 42% due to higher margin verticals and increase in telehealth usageClosed significantly oversubscribed $15 million bought deal, well funded and executing on strong M&A pipelineCash position of $13.8 million at quarter end, well positioned for long term growth and to deliver higher returns for shareholdersSubsequent accretive acquisitions increases CloudMD’s network to 14 clinics, 64 physicians, 35 specialists and allied health professionals servicing nearly 500,000 patientsCompany is mobilized to support the North American healthcare system for upcoming back to school, COVID-19 2nd wave and flu seasonIncluding the previously announced closed acquisitions, the Company will have an annual run rate of approximately $16 million and approximately $23 million with the expected closing of the recently announced binding...

Schultze Special Purpose Acquisition Corp. and Clever Leaves International Inc., a Large-Scale Pharmaceutical-Grade Multi-National Cannabis Operator, to Participate in the IPO Edge Forum: Raising Capital in Cannabis – Are SPACs a New Solution?

Written by Customer Service on August 31, 2020. Posted in Public Companies.

RYE BROOK, N.Y., Aug. 31, 2020 (GLOBE NEWSWIRE) — Schultze Special Purpose Acquisition Corp. (NASDAQ: SAMA, SAMAW, and SAMAU) (“SAMA”) and Clever Leaves International Inc. (“Clever Leaves”) today announced that Gary Julien, Managing Director, Schultze Asset Management, LP; EVP, Schultze Special Acquisition Corp. and Kyle Detwiler, CEO, Clever Leaves (expected ticker: CLVR) will participate in the IPO Edge Forum: Raising Capital in Cannabis – Are SPACs a New Solution?The approximately 90-minute event will be held Wednesday, September 2, at 2:00 p.m. EDT. To register for the forum, please click https://icrinc.zoom.us/webinar/register/WN_V-jKKxN8RmW2jZ34qJm5dAThe live webcast, hosted in partnership with EarlyBirdCapital, Nasdaq, High Times, ICR, and The Palm Beach Hedge Fund Association will include a panel discussion followed by a live...

Petrolympic Announces Postponement of Second Quarter Filings

Written by Customer Service on August 31, 2020. Posted in Public Companies.

TORONTO, Aug. 31, 2020 (GLOBE NEWSWIRE) — Petrolympic Ltd. (TSX-V: PCQ) (the “Company”), wishes to announce that the Company is postponing the reporting of its second quarter Financial Statements and Management’s Discussion and Analysis (“MD&A”) as a result of delays caused by the COVID-19 pandemic. The Company aims to file these documents by the end of September 2020 under the terms of the 45-day extension announced by the Ontario Securities Commission under the “Ontario Instrument 51-505”, dated May 20, 2020.The Company ratifies that management and the Company’s insiders remain subject to the Company’s Insider Trading Policy and confirms that there have been no material business developments since June 2020 when the Company filed its interim financial results other than as announced.NEITHER THE TSX VENTURE EXCHANGE...

Northland Announces Reset Dividend Rate on Its Cumulative Rate Reset Preferred Shares, Series 1 & Series 2

Written by Customer Service on August 31, 2020. Posted in Public Companies.

TORONTO, Aug. 31, 2020 (GLOBE NEWSWIRE) — Northland Power Inc. (“Northland” or the “Company”) (TSX: NPI) today announced that pursuant to the share terms in respect of the Cumulative Rate Reset Preferred Shares, Series 1 (“Series 1 Shares”), it has determined the fixed dividend rate for the five years commencing September 30, 2020 and ending September 29, 2025. The fixed quarterly dividends on the Series 1 Shares during that period will be paid at an annual rate of 3.2% (Cdn. $0.2001 per share per quarter).The quarterly floating rate dividends on the Cumulative Floating Rate Preferred Shares, Series 2 (the “Series 2 Shares”) will be paid at an annual rate, calculated for each quarter, of 2.80% over the annual yield on 90-day Government of Canada treasury bills. The actual quarterly dividend rate in respect...

Silvercorp Reports 18% Increase in Measured and Indicated Silver Resources and 4% Increase in Proven and Probable Silver Reserves, on Top of 21 Million Ounces of Silver Produced Between June 2016 and December 2019 at the Ying Silver-Lead-Zinc Mining District

Written by Customer Service on August 31, 2020. Posted in Public Companies.

VANCOUVER, British Columbia, Aug. 31, 2020 (GLOBE NEWSWIRE) — Silvercorp Metals Inc. (“Silvercorp” or the “Company”) (TSX / NYSE American: SVM) is pleased to report the results of an updated National Instrument (“NI”) 43-101 Technical Report with an effective date of July 31, 2020 (Mineral Resources and Mineral Reserves effective December 31, 2019), prepared by AMC Mining Consultants (Canada) Ltd. (“AMC”) and covering the SGX, HZG, HPG, TLP, LME, and LMW underground mines on the Ying silver-lead-zinc property (“Ying Property”) in Henan Province, China (the “Ying 2020 Technical Report”).The authors of the Ying 2020 Technical Report all qualify as independent Qualified Persons (“QPs”). Three of the authors have visited the Ying Property (latest visit in July 2016), with plans for a more recent visit postponed because of the COVID-19...

Ferroglobe Reports Results for the Second Quarter of 2020

Written by Customer Service on August 31, 2020. Posted in Earnings Releases And Operating Results.

Sales of $250.0 million; Net loss of $(14.0) million; Adjusted EBITDA of $22.4 million

Assure Holdings Reports Second Quarter 2020 Financial Results

Written by Customer Service on August 31, 2020. Posted in Earnings Releases And Operating Results.

DENVER, Aug. 31, 2020 (GLOBE NEWSWIRE) — Assure Holdings Corp. (the “Company” or “Assure”) (TSXV: IOM; OTCQB: ARHH), a provider of intraoperative neuromonitoring services (“IONM”), reported financial results for the second quarter ended June 30, 2020.Second Quarter 2020 Financial Results vs. Second Quarter 2019Total revenue was ($10.8) million versus $8.4 million.Managed cases increased 35% to 1,991 versus 1,476.Equity method of investment in Provider Network Entities (“PNEs”) was ($1.1) million compared to $0.7 million.Net loss of ($13.0) million compared to net income of $4.0 million.Net loss per diluted share was ($0.37) compared to net income of $0.09 per diluted share.Adjusted EBITDA was ($14.6) million versus $5.7 million.Company recorded reserves of approximately $2.5 million for all open accounts receivable balances aged...

Month: August 2020

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