Day: August 7, 2020

TORONTO, Aug. 07, 2020 (GLOBE NEWSWIRE) — Cryptologic Corp. (“Cryptologic” or the “Company”) (CSE:CRY) today announces that, in order to conserve its cash while it considers acquisition opportunities or other strategic transactions, the Company (i) terminated the lease of its wholly-owned subsidiary, Crypto 205 Inc. (“Crypto 205”), at its cryptocurrency mining facility in Pointe-Claire, Quebec, effective July 31, 2020, and (ii) terminated the employment contracts of all of its employees, including Chief Executive Officer, John Kennedy FitzGerald, Chief Financial Officer, Joshua Lebovic and Chief Operating Officer, Paul Leggett, effective July 31, 2020.Mr. Fitzgerald and Mr. Lebovic will provide ongoing services to the Company, as Chief Executive Officer and Chief Financial Officer respectively, pursuant to part-time consulting arrangements.The...

WILMINGTON, Del., Aug. 07, 2020 (GLOBE NEWSWIRE) — Navient (Nasdaq: NAVI), a leader in education loan management and business processing solutions, announced that its board of directors approved a 2020 third quarter dividend of $0.16 per share on the company’s common stock.The third quarter 2020 dividend will be paid on September 18, 2020, to shareholders of record at the close of business on September 4, 2020.About NavientNavient (Nasdaq: NAVI) is a leading provider of education loan management and business processing solutions for education, healthcare, and government clients at the federal, state, and local levels. We help our clients and millions of Americans achieve success through technology-enabled financing, services, and support. Learn more at Navient.com.Contact:Media: Paul Hartwick, 302-283-4026, paul.hartwick@navient.comInvestors:...

WESTLAKE VILLAGE, Calif., Aug. 07, 2020 (GLOBE NEWSWIRE) — MannKind Corporation (Nasdaq: MNKD), a company focused on the development and commercialization of inhaled therapeutic products for patients with diabetes and orphan lung diseases, announced today that its Chief Executive Officer, Michael Castagna, PharmD, will participate in a Fireside Chat at the BTIG Virtual Biotechnology Conference 2020 on Tuesday, August 11, 2020 at 2:00 pm (ET). Interested parties can access a link to the live webcast of the presentation from the Events & Presentations section of the Company’s website at http://www.mannkindcorp.com. The webcast replay will remain available for 14 days following the live presentation.About MannKind CorporationMannKind Corporation (NASDAQ: MNKD) focuses on the development and commercialization of inhaled therapeutic...

DULUTH, Minn., Aug. 07, 2020 (GLOBE NEWSWIRE) — IKONICS Corporation (the “Company” or “IKONICS”) (Nasdaq:IKNX), a Duluth-based imaging technology company, announced second quarter 2020 earnings.  IKONICS recorded second quarter 2020 revenue of $2,572,000 compared to $4,596,000 in 2019, a decline of 44%. IKONICS posted a second quarter 2020 loss of $1,042,000, or $0.53 per diluted share, compared to a loss of $116,000, or $0.06 per diluted share, for the same period in 2019.  For the six months ended June 30, 2020, the Company realized a net loss of $0.82 per diluted share compared to a net loss of $0.29 per diluted share for the same period in 2019.Glenn Sandgren, IKONICS CEO stated, “The second quarter was unprecedented in many ways, and it created a multitude of challenges for IKONICS.  Most importantly, we implemented work rules...

NEW YORK, Aug. 07, 2020 (GLOBE NEWSWIRE) — Cornerstone Strategic Value Fund, Inc. (NYSE American: CLM) and Cornerstone Total Return Fund, Inc. (NYSE American: CRF), (individually the “Fund” or, collectively, the “Funds”), each a closed-end management investment company, announced that in keeping with each Fund’s previously adopted monthly distribution policy, each Fund is declaring the following distributions: Each Fund’s distribution policy provides for the resetting of the monthly distribution amount per share (“Distribution Amount”) annually, based on each Fund’s net asset value on the last business day of October and the annualized distribution percentage approved by the respective Board of Directors (individually the “Board”, or collectively, the “Boards”). Each Board previously announced the distribution percentage for the calendar...

CONCORD, Mass., Aug. 07, 2020 (GLOBE NEWSWIRE) — Technical Communications Corporation (NasdaqCM: TCCO) today announced its results for the quarter and nine months ended June 27, 2020. For the quarter ended June 27, 2020, the Company reported a net loss of $(482,000), or $(0.26) per share, on revenue of $599,000, compared to a net loss of $(326,000), or $(0.18) per share, on revenue of $1,234,000 for the quarter ended June 29, 2019. For the nine months ended June 27, 2020, the Company reported a net loss of $(1,324,000), or $(0.72) per share, on revenue of $1,987,000, compared to a net loss of $(401,000), or $(0.22) per share, on revenue of $4,275,000 for the quarter ended June 29, 2019. Carl H. Guild Jr., President and CEO of Technical Communications Corporation, commented, “As stated in our previous quarter’s earnings report, the...

COS COB, Conn., Aug. 07, 2020 (GLOBE NEWSWIRE) — Chicken Soup for the Soul Entertainment, Inc. (Nasdaq: CSSE), one of the largest operators of streaming advertising-supported video-on-demand (AVOD) networks, today announced that management will attend the 40th Annual Canaccord Genuity Global Growth Conference, which will be held virtually on August 11, 2020. Management will conduct virtual one-on-one and small group meetings throughout the day. Management is also scheduled to present on Wednesday, August 12 at 8:00 a.m. ET.ABOUT CHICKEN SOUP FOR THE SOUL ENTERTAINMENTChicken Soup for the Soul Entertainment, Inc. (Nasdaq: CSSE) operates streaming video-on-demand networks (VOD). The company owns a majority stake in Crackle Plus, a company formed with Sony Pictures Television, which owns and operates a variety of ad-supported and subscription-based...

GRAND BAIE, Mauritius, Aug. 07, 2020 (GLOBE NEWSWIRE) — Alphamin Resources Corp. (AFM:TSXV, APH:JSE AltX, “Alphamin” or the “Company”) is pleased to report its financial results for the quarter ended June 2020. The Company has filed on SEDAR at www.sedar.com today its interim financial statements and related management’s discussion and analysis for the quarter.FINANCIAL AND OPERATIONAL HIGHLIGHTSTin production up 29% to 2,739 tons versus previous quarterAISC per ton of tin sold down 13% to US$10,849 versus previous quarterEBITDA of US$12,9 millionQ3 2020 production guidance of 2,600 – 2,800 tons contained tinIncrease in ownership of the Bisie tin mine from 80.75% to 84.14%$31.2m debt reduction concluded concurrently with $31m offering of sharesSignificant improvement in debt terms following the restructure including an interest...

NEW YORK, Aug. 07, 2020 (GLOBE NEWSWIRE) — Pzena Investment Management, Inc. (NYSE: PZN) today reported its preliminary assets under management as of July 31, 2020.AUM for month-end July 2020, month-end June 2020, and month-end July 2019 are listed below:Pzena Investment Management, Inc.Assets Under Management1($ billions)1 Numbers may be subject to rounding.About PzenaPzena Investment Management, LLC, the firm’s operating company, is a value-oriented investment management firm.  Founded in 1995, Pzena Investment Management has built a diverse, global client base.  More firm and stock information is posted at www.pzena.com.Forward-Looking StatementsThis press release may contain, in addition to historical information, forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and...

BEIJING, China, Aug. 07, 2020 (GLOBE NEWSWIRE) — ChinaNet Online Holdings, Inc. (Nasdaq: CNET) (“ChinaNet” or the “Company”), an integrated online advertising, precision marketing, data analytics and other value-added services company serving enterprise clients, today announced the appointment of Mr. Charles Chiu to the position of the Company’s Chief Operating Officer and Mr. Mark Li, the current Chief Financial Officer of the Company, to serve as Secretary of the Company, effective immediately. Mr. George Chu has resigned from the role of Chief Operating Officer and Secretary of the Company due to personal reasons. Mr. Chu continues to serve as a director of the Board of Directors of the Company.Mr. Charles Chiu, has served as the Corporate Finance Partner of Whale Capital in Hong Kong since March 2019. ...