Day: August 10, 2020

The instant notice is issued by Thin Film Electronics ASA (“Thinfilm” or the “Company”) on behalf of a person with disclosure obligations.Morten Opstad, Chairman of the Board of Directors of Thinfilm who shall also open the Extraordinary General Meeting on 19 August 2020, had received, as of the close of business on 10 August 2020, powers of attorney to represent and vote for a total of 46,527,753 shares or 13.1% of the share capital and the voting rights of the Company. The powers of attorney do not contain voting instructions and are only valid at the Extraordinary General Meeting.In addition, Mr Opstad has also received powers of attorney containing voting instructions for a total of 18,385 shares or less than 0.1% of the share capital and the voting rights of the Company.Mr. Opstad and close associates hold...

HOUSTON, Aug. 10, 2020 (GLOBE NEWSWIRE) — Deep Down, Inc. (OTCQB: DPDW) (“Deep Down” or the “Company”), a specialist in deepwater oil and gas production and distribution equipment and services, today reported results for its second quarter ended June 30, 2020 (“Q2 2020”). Deep Down will hold a conference call tomorrow, Tuesday, August 11, 2020 at 10:00 am Eastern Time to review its results and outlook (call details below).Deep Down at a Glance:Charles Njuguna, Deep Down’s CEO, commented, “Our second quarter results reflect the nature of the environment in which we continue to operate. Travel restrictions imposed in response to the COVID-19 pandemic continued to impede our ability to send teams to different parts of the world, which had a material impact on our revenues for the quarter. However, our cost containment efforts enabled...

Houston, TX, Aug. 10, 2020 (GLOBE NEWSWIRE) — Date:  November 5, 2020Time:  7:00 a.m. Central time or 8:00 a.m. Eastern timeListen via internet:  http://investors.centerpointenergy.com/Click “Investors”, and click the link “CenterPoint Energy, Inc. Third Quarter 2020 Earnings Conference Call Webcast” As the only investor owned electric and gas utility based in Texas, CenterPoint Energy, Inc. (NYSE: CNP) is an energy delivery company with electric transmission and distribution, power generation and natural gas distribution operations that serve more than 7 million metered customers in Arkansas, Indiana, Louisiana, Minnesota, Mississippi, Ohio, Oklahoma and Texas. As of June 30, 2020, the company owned approximately $32 billion in assets and also owned 53.7 percent of the common units representing limited partner...

TORONTO, Aug. 10, 2020 (GLOBE NEWSWIRE) — African Gold Group, Inc. (TSX-V: AGG) (“AGG” or the “Company”) is pleased to announce that it has closed, on an oversubscribed basis, the second and final tranche of its previously announced C$10,000,000 non-brokered private placement financing of common shares (the “Offering”) for gross proceeds of C$5,474,000 (the “Final Tranche”).  Together with the closing of the first tranche of the Offering, the Company raised gross proceeds of $11,084,000.“I am very pleased to report the over-subscribed closing of the second and final tranche of the $10 million private placement with significant support from existing and new institutional investors,” says Danny Callow, Chief Executive Officer of AGG. “We will use these funds to focus on our Phase 3 exploration drilling programme, which we plan to...

Second Quarter Revenue of $307.7M Exceeds Prior GuidanceDelivers Sequential Expansion in Gross Profit and Adj. EBITDA MarginsAdvances Debt Reduction and Liquidity Improvement Plan through Divestment of Records Storage businessConference Call Scheduled for August 11, 2020 at 11:00 AM ETSecond Quarter 2020 & Other Recent Highlights:Revenue of $307.7 million, a decline of 21.3% on a reported basis and 20.9%(1) on a constant currency basis from Q2 2019Gross profit margin of 21.4%, an increase of 148 basis points from Q1 2020Operating loss of $5.1 millionEBITDA(2) of $19.3 millionAdjusted EBITDA(3) of $43.1 million on a reported basis; $43.3 million on a constant currency basis; Adjusted EBITDA margin of 14.0%, an increase of 190 basis points from Q1 2020On July 23, 2020, Exela announced the sale of its records storage business for $12.3...

BOSTON, Aug. 10, 2020 (GLOBE NEWSWIRE) — LogMeIn, Inc. (“LogMeIn” or the “Company”) and Logan Merger Sub, Inc. (the “Issuer”), controlled by affiliates of Francisco Partners, L.P. (“Francisco Partners), today announced that the Issuer intends to privately offer, subject to market conditions, $750 million in aggregate principal amount of its Senior Secured Notes due 2027 (the “Notes”). The net proceeds from the offering of the Notes, together with other financing sources, will be used to fund the acquisition (the “Acquisition”) of LogMeIn by affiliates of Francisco Partners and Evergreen Coast Capital Corp., the private equity affiliate of Elliott Management Corporation (“Evergreen”), and to pay certain related fees, commissions and expenses. LogMeIn will assume all of the obligations of the Issuer under the Notes upon the consummation...

CAMBRIDGE, Mass., Aug. 10, 2020 (GLOBE NEWSWIRE) — X4 Pharmaceuticals, Inc. (Nasdaq: XFOR), a leader in the discovery and development of novel therapies targeting diseases resulting from dysfunction of the CXCR4 pathway, today announced that management will present and conduct one-on-one meetings during the Virtual Canaccord Genuity 40th Annual Growth Conference on Wednesday, August 12th, 2020 at 2:30 pm Eastern Time.A live webcast of the presentation will be available on the investor section of the X4 Pharmaceuticals website at www.x4pharma.com. After the live webcasts, the events will remain archived on the X4 Pharmaceuticals’ website for approximately 90 days.About X4 PharmaceuticalsX4 Pharmaceuticals is a late-stage clinical biopharmaceutical company and a leader in the discovery and development of novel therapies for the treatment...

($US except where otherwise noted)Recent Highlights    Generated record quarterly EBITDA2 of $25.6 million, up 173.9% versus the second quarter of 2019;Increased diluted EPS and adjusted diluted EPS2 by 92.9% and 125%, respectively, versus the second quarter of 2019;Grew free cash flow2 by $32.6 million to $24.5 million (or $1.05 per share) for the six-month period ended June 30, 2020;Reduced net debt2 to TTM EBITDA from 1.85 times at December 31, 2019 to 0.71 times at June 30, 2020, providing the Company with enhanced flexibility to act on both organic and inorganic growth opportunities;Awarded and delivered against a contract from the U.S. Federal Emergency Management Agency (“FEMA”) worth $96.4 million for the manufacture and sale of 100,000 FlexAir™ Powered Air Purifying Respirator (“PAPR”) systems, 600,000...

NEW YORK, Aug. 10, 2020 (GLOBE NEWSWIRE) — Garrison Capital Inc. (the “Company”), a business development company (Nasdaq: GARS), today announced its financial results for the second quarter and three months ended June 30, 2020. Net investment income for the first quarter was $1.8 million, or $0.11 per share, and the net decrease in net assets resulting from operations was $2.7 million, or $0.17 per share. The Company’s Board of Directors declared a third quarter distribution of $0.05 per share payable on September 25, 2020 to stockholders of record as of September 11, 2020.The Company will not be hosting an earnings conference call to discuss its second quarter financial results.  The Company has issued a full detailed presentation of its second quarter 2020 results, which can be viewed at www.garrisoncapitalbdc.com.ABOUT GARRISON...

GREENWOOD VILLAGE, Colo., Aug. 10, 2020 (GLOBE NEWSWIRE) — Advanced Emissions Solutions, Inc. (NASDAQ: ADES) (the “Company” or “ADES”) today filed its Quarterly Report on Form 10-Q and reported financial results for the second quarter ended June 30, 2020, including information about its equity investments in Tinuum Group, LLC (“Tinuum Group”) and Tinuum Services, LLC (“Tinuum Services”) (collectively “Tinuum”), of which ADES owns 42.5% and 50%, respectively.Tinuum & Refined Coal (“RC”) HighlightsTinuum distributions to ADES for the second quarter were $15.4 million compared to $18.6 million in the prior year, a decrease of 17%Royalty earnings from Tinuum Group in the second quarter were $3.3 million compared to $4.2 million in the prior year, a decrease of 21%RC Segment...