TransAtlantic Petroleum Announces Entry into Agreement and Plan of Merger and Loan and Security Agreement

Written by Customer Service on August 7, 2020. Posted in Public Companies.

HAMILTON, Bermuda, Aug. 07, 2020 (GLOBE NEWSWIRE) — TransAtlantic Petroleum Ltd. (TSX: TNP) (NYSE American: TAT) (the “Company” or “TransAtlantic”) today announced that the Company has entered into an Agreement and Plan of Merger and a Loan and Security Agreement.Agreement and Plan of MergerOn August 7, 2020, the Company entered into an Agreement and Plan of Merger (the “Merger Agreement”), by and among the Company, TAT Holdco LLC, a Texas limited liability company (“Parent”) controlled by a group of holders (the “Preferred Shareholder Group”) representing 100% of the Company’s outstanding 12.0% Series A Convertible Redeemable Preferred Shares (the “Series A Preferred Shares”), and TAT Merger Sub LLC, a Texas limited liability company and wholly-owned subsidiary of Parent (“Merger Sub”), pursuant to which the Company will merge...

Le Château Reports First Quarter Results

Written by Customer Service on August 7, 2020. Posted in Public Companies.

Strategic plan reducing and optimizing brick/mortar network of stores substantially complete as investment in e-commerce continues to growQ1 results negatively impacted by temporary closure of retail stores due to COVID-19As of August 2020, nearly all stores re-opened and agreements reached with landlords regarding COVID-19 rent obligationsMONTRÉAL, Aug. 07, 2020 (GLOBE NEWSWIRE) — Le Château Inc. (TSX VENTURE: CTU), a leading Canadian specialty retailer and manufacturer, today reported its financial results for the first quarter ended April 25, 2020, in the context of the COVID-19 pandemic.“With the growing importance of e-commerce, we implemented a shift in strategy over five years ago by investing in our e-commerce platform, while significantly reducing our store network over that same period of time by almost 50% from 243 stores...

Le Château publie ses résultats du premier trimestre

Written by Customer Service on August 7, 2020. Posted in Public Companies.

Mise en œuvre presque entièrement achevée du plan stratégique visant à réduire le réseau de vente au détail traditionnelle alors que les investissements dans le commerce électronique continuent d’augmenterLes résultats du premier trimestre ont subi l’incidence défavorable de la fermeture temporaire des magasins de vente au détail en raison de la COVID-19En date d’août 2020, presque tous les magasins ont rouvert leurs portes et des ententes ont été conclues avec les locateurs à l’égard de nos obligations locatives dans le contexte de la COVID-19MONTRÉAL, 07 août 2020 (GLOBE NEWSWIRE) — Le Château Inc. (TSX-CROISSANCE : CTU), un fabricant et détaillant spécialisé de vêtements chef de file au Canada, a annoncé aujourd’hui ses résultats financiers pour le premier trimestre clos le 25 avril 2020, dans le contexte de la pandémie de COVID-19.« En...

Aerojet Rocketdyne to Provide ULA’s Vulcan Centaur Key Propulsion for Next Generation of Air Force Launch Services

Written by Customer Service on August 7, 2020. Posted in Public Companies.

EL SEGUNDO, Calif., Aug. 07, 2020 (GLOBE NEWSWIRE) — The U.S. Air Force selected United Launch Alliance (ULA) as one of two launch service providers under the National Security Space Launch Phase 2 Launch Services Procurement (LSP). Aerojet Rocketdyne will provide two RL10 rocket engines to power the upper stage of ULA’s Vulcan Centaur launch vehicle, as well as the thrusters that control the stage while in flight and the composite overwrapped pressure vessels that store gases required for operation of the launch vehicle.“Aerojet Rocketdyne congratulates ULA on its selection and we look forward to providing our highly reliable RL10 engine on the Vulcan,” said Eileen P. Drake, Aerojet Rocketdyne CEO and president. “Aerojet Rocketdyne has supported the nation’s most important national security space missions for decades. We will now...

Acquisition of Shares of Reunion Gold Corporation

Written by Customer Service on August 7, 2020. Posted in Public Companies.

TORONTO, Aug. 07, 2020 (GLOBE NEWSWIRE) — In accordance with regulatory requirements, Dundee Corporation (TSX: DC.A) (“Dundee”) announces that its wholly owned subsidiary, Dundee Resources Limited, has acquired 18,750,000 units (“Units”) of Reunion Gold Corporation (the “Issuer”) at the price of $0.08 each for aggregate consideration of $1,500,000. Each Unit consists of one common share (“Share”) and one-half of one share purchase warrant (each whole warrant, a “Warrant”) in the capital of the Issuer. Each Warrant is exercisable for the purchase of one Share at a price of $0.12 for a period of 24 months. Additionally, an affiliate of Dundee acquired 1,677,000 finder’s warrants having the same terms as the Warrants.Immediately prior to the acquisition of securities described in this news release, Dundee and its affiliates owned...

K2 Gold Identifies Large Magnetic Anomaly at Mojave

Written by Customer Service on August 7, 2020. Posted in Public Companies.

VANCOUVER, British Columbia, Aug. 07, 2020 (GLOBE NEWSWIRE) — K2 Gold Corporation (“K2” or the “Company”) (TSX-V: KTO; OTCQB: KTGDF; FRANKFURT: 23K) is pleased to report that it has identified a large magnetic anomaly on the Mojave gold project (“Mojave”) in Inyo County, California following an 8.3 km2 ground magnetic survey. The magnetic survey was focused on the gold-rich Eastern Target area covering the East, Newmont, Central, and Dragonfly target areas. In addition to the geophysical survey K2 completed a 72 km2 LiDAR topographic survey.Please CLICK HERE to view all figures related to this news release.Ground Magnetic SurveyAn 8.3 km2 ground magnetic survey was completed on the gold-rich Eastern Target area covering the East, Newmont, and Dragonfly target areas of Mojave. The data is being used in concert with available geochemical,...

360 Finance, Inc. to Hold Extraordinary General Meeting on September 15, 2020

Written by Customer Service on August 7, 2020. Posted in Public Companies.

SHANGHAI, China, Aug. 07, 2020 (GLOBE NEWSWIRE) — 360 Finance, Inc. (NASDAQ: QFIN) (“360 Finance” or the “Company”), a leading digital consumer finance platform, today announced that it will hold an extraordinary general meeting of shareholders (the “EGM”) at 7/F Lujiazui Finance Plaza, No. 1217 Dongfang Road, Pudong New Area, Shanghai 200122, People’s Republic of China, on September 15, 2020 at 9:00 a.m. (Beijing time).The purpose of the EGM is for the Company’s shareholders to consider, and if thought fit, approve the change of the Company’s legal name from “360 Finance, Inc.” to “360 DigiTech, Inc.” The proposed name change will not affect any rights of shareholders or the Company’s operations and financial position. “360 Finance was founded on the belief that we should enable financial institutions to provide better and targeted...

Fura to Acquire Australian Mining Company

Written by Customer Service on August 7, 2020. Posted in Public Companies.

TORONTO, Aug. 07, 2020 (GLOBE NEWSWIRE) — Fura Gems Inc. (“Fura” or the “Company”) (TSXV: Fura, OTC: FUGMF and FRA: BJ43) is pleased to announce that it has entered into a share sale agreement (the “Share Sale Agreement”) through its wholly-owned Australian subsidiary, Capricorn Sapphire Pty Ltd (the “Capricorn”), with Mosley Mining Pty Ltd (the “Vendor”), pursuant to which the Company will acquire all of the issued and outstanding shares of Great Northern Mining Pty Ltd (the “Target”), a mining company located in Australia (the “Acquisition”). The assets of the Target consist of 73 mining leases (the “Tenements”), each located in Australia, as well as certain buildings, plants, fixtures, tools, and other equipment related to the Tenements.As consideration for the Acquisition, Fura agreed to pay A$2,987,933 (approximately C$2,860,632)...

Timbercreek Financial Announces 2020 Second Quarter Results

Written by Customer Service on August 7, 2020. Posted in Public Companies.

TORONTO, Aug. 07, 2020 (GLOBE NEWSWIRE) — Timbercreek Financial (TSX: TF) (the “Company”) announced today its financial results for the three months and six months ended June 30, 2020 (“Q2 2020”).Q2 2020 HighlightsLower new investment volume was offset by lower repayments and higher renewals resulting in quarterly growth of the mortgage portfolio to $1,210.3 million in Q2 compared to $1,191.1 million in Q1 Maintained conservative portfolio risk position focused on income-producing commercial real estate92.1% of mortgage investment portfolio are first mortgages85.8% of mortgage investment portfolio is invested in cash-flowing properties68.7% weighted average loan-to-value7.1% quarterly weighted average interest rate on net mortgage investment Delivered adjusted net income and comprehensive income of $11.5 million and distributable...

Datametrex Announces Shares for Debt Settlement

Written by Customer Service on August 7, 2020. Posted in Public Companies.

TORONTO, Aug. 07, 2020 (GLOBE NEWSWIRE) — Datametrex AI Limited (the “Company” or “Datametrex”) (TSXV: DM, FSE: D4G, OTC: DTMXF) announces that it has entered into debt settlement agreements (the “Settlement Agreements”) with three certain arms-length creditors (the “Creditors”) to settle an aggregate of $189,240 in debt (the “Debt”) for services provided by the Creditors to the Company (the “Services”). In the settlement and satisfaction of the Debt in connection with the Services, the Company has agreed to issue to the Creditors an aggregate of 1,146,909 common shares in the capital of the Company (the “Debt Shares”) at a deemed issue price of $0.165 per Debt Share (the “Debt Settlement”). The issuance of the Debt Shares is subject to the TSX Venture Exchange’s final approval.All Debt Shares issued in connection with the Debt...

Day: August 7, 2020

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