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Day: August 14, 2020

Sky Solar Holdings, Ltd. Announces Cayman Court Decision and Filing Complaint against Hudson in New York Court

HONG KONG, Aug. 14, 2020 (GLOBE NEWSWIRE) — Sky Solar Holdings, Ltd. (NASDAQ: SKYS) (“Sky Solar” or the “Company”), a global developer, owner and operator of solar parks, today announced that, on the application of the Company, on August 13, 2020 the Grand Court of the Cayman Islands (the “Cayman Islands Court”) discharged in its entirety and with immediate effect its July 30, 2020 order (the “Order”) that had been granted to Hudson Solar Cayman, LP.As previous announced, on July 30, 2020, the Cayman Islands Court, following an ex parte proceeding at which the Company did not appear, issued the Order to freeze certain of the Company’s assets and appoint three receivers to manage the affairs of Sky Solar Power, Ltd., an intermediate holding entity under the Company. The Order had also prohibited the Company from taking any steps...

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STRONG Technical Services Introduces BrightNight Preview and Northview Products

CHARLOTTE, N.C., Aug. 14, 2020 (GLOBE NEWSWIRE) — STRONG Technical Services, Inc., a wholly-owned subsidiary of Ballantyne Strong, Inc. (NYSE American: BTN) and a leader in projection equipment sales, engineering, and services, introduces two new BrightNight products, Preview and Northview, to support exhibition and commercial portable entertainment.“The introduction of the BrightNight Preview and Northview products allow our customers to create an outdoor entertainment event with ease using STRONG Technical Services’ integrated technology, product, and support solutions,” said Blake Titman, Vice President and General Manager of STRONG Technical Services. “BrightNight Preview is a portable projection package that can even support live streaming. Northview is a complete portable screen package that can be custom manufactured in premium,...

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Sustainable Innovation & Health Dividend Fund IPO Raises $85 Million

CALGARY, Alberta, Aug. 14, 2020 (GLOBE NEWSWIRE) — Middlefield Group, on behalf of Sustainable Innovation & Health Dividend Fund (the “Fund”), is pleased to announce that the Fund has completed its initial public offering of 8,500,000 units at a price of $10.00 per unit for gross proceeds of $85 million. The units are listed on the Toronto Stock Exchange under the symbol SIH.UN.The Fund’s investment objectives are to provide holders of units with:(i)  stable monthly cash distributions, and(ii) enhanced long-term total return through capital appreciation of the Fund’s investment portfoliothrough a diversified, actively managed portfolio comprised primarily of dividend paying securities of global technology and healthcare companies, including initially those which the Advisor (as defined below) believes are positioned to benefit...

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Freddie Mac Prices $1.2 Billion Multifamily K-Deal, K-114

MCLEAN, Va., Aug. 14, 2020 (GLOBE NEWSWIRE) — Freddie Mac (OTCQB: FMCC) recently priced a new offering of Structured Pass-Through Certificates (K Certificates), which are backed by underlying collateral consisting of fixed-rate multifamily mortgages with predominantly 10-year terms. The company expects to issue approximately $1.2 billion in K Certificates (K-114 Certificates), which are expected to settle on or about August 20, 2020.K-114 PricingDetailsCo-Lead Managers and Joint Bookrunners: BofA Securities, Inc. and Cantor Fitzgerald & Co.Co-Managers: BMO Capital Markets Corp., Goldman Sachs and Co. LLC, Siebert Williams Shank & Co., LLC and Wells Fargo Securities, LLCRating Agencies: Fitch Ratings, Inc. and DBRS, Inc.Related LinksThe K-114 Preliminary Offering Circular Supplement: http://www.freddiemac.com/mbs/data/k114oc.pdf...

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Silver Bear Files Second Quarter 2020 Financial Results

TORONTO, Aug. 14, 2020 (GLOBE NEWSWIRE) — Silver Bear Resources Plc (“Silver Bear” or the “Company”) (TSX: SBR) announces the filing its unaudited financial results for the three and six-month period ended 30 June 2020 today, including development highlights from its Mangazeisky silver project in Far East Russia.  For complete details of the unaudited Interim Consolidated Financial Statements and associated Management’s Discussion and Analysis please refer to the Company’s filings on SEDAR (www.sedar.com) or the Company’s website (www.silverbearresources.com).Q2 2020 QUARTER HIGHLIGHTSDuring the six-month period ended 30 June 2020 the Group production statistics included:Mined a total of 75,415 tonnes of ore, processed 54,889 tonnes of ore at an average grade of 676.9 g/t of silver, producing a total of 1,034,282 ounces of silver;Sold...

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ClearOne Reports Second Quarter 2020 Financial Results

Q2 Video revenue increases by 40% year-over-yearOverall revenue grows by 11% quarter-over-quarter sequentiallyNew solutions incorporating the Beamforming Microphone Array Ceiling Tile drive year-over-year and sequential BMA revenue growth despite COVID-19SALT LAKE CITY, Aug. 14, 2020 (GLOBE NEWSWIRE) — ClearOne (NASDAQ: CLRO), a global provider of audio and visual communication solutions, reported financial results for the three and six month periods ended June 30, 2020.“We posted solid double-digit sequential revenue growth thanks to our innovative video products and BMA based solutions. Sales performance of our ground-breaking new solutions incorporating our Beamforming Microphone Array Ceiling Tile was impressive given the challenges posed by the COVID-19 environment for global installed audio conferencing market,”...

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Preliminary financial results for 7 months of 2020

With the softening of travelling restrictions, Novaturas Group has renewed its partial operations from all Baltic markets as of the 1st of July.  In July, the group’s revenue amounted to 2.4 million, the group serviced 4.6 thousand customers. At the same time last year, the Company’s turnover amounted to 16.6 million. The number of customers served amounted to 31.7 thousand.

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Preliminarūs 2020 m. liepos mėn. rezultatai

Laisvėjant keliavimo ribojimams, „Novaturo“ grupė visose rinkose nuo liepos 1 d. iš dalies atnaujino paslaugų teikimą. Liepos mėnesį grupės pajamos siekė 2,4 mln. eurų, grupė aptarnavo 4,6 tūkst. klientų. Atitinkamu laikotarpiu pernai Bendrovės apyvarta sudarė 16,6 mln. eurų, aptarnautų klientų skaičius siekė 31,7 tūkst.Nuo liepos mėnesio pradžios Bendrovė visose Baltijos šalyse iš dalies atnaujino organizuotas poilsio keliones į Graikijos salas – Kretą, Rodą ir Korfu bei dalį pažintinių kelionių iš Lietuvos į Lenkiją ir kitas Europos šalis. Planuojama jau rugsėjo mėnesį keliautojus pakviesti ilsėtis Sicilijos kurortuose. Šiuo metu Bendrovė yra pasiruošusi pasiūlyti daugiau populiarių bei saugių atostogų krypčių į Kanarų salų, Turkijos, Portugalijos, Tuniso kurortus, tam reikalingi atitinkamų atsakingų valstybinių institucijų sprendimai....

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Statement re Company Event

Interim Management Statement and Fundraising UpdateIntroductionThis interim management statement covers the third quarter of the 2019/20 financial year, 1 April 2020 to 30 June 2020. Investment performance measures contained in this report are calculated on a pence per share basis and include realised and unrealised gains and losses.Investment reportHaving gone to great lengths to reduce CV-19 infection rates, most Governments have now taken steps to re-open their economies through the relaxation of lockdown measures and very substantial fiscal and monetary stimulus.Although the shape of the recovery remains the subject of much debate, these interventions catalysed a strong rebound in equity markets through April and May, providing positive support to the (unaudited) NAV. The momentum fell away in late May as the more optimistic predictions...

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DIVERGENT Energy Services Announces the Release of Q2 2020 Financial Results

CALGARY, ALBERTA, Aug. 14, 2020 (GLOBE NEWSWIRE) — DIVERGENT Energy Services Corp. (“Divergent”, the “Company“, or “DVG”) (DVG: TSX-V) announces the release of its interim financial results for the three and six months ended June 30, 2020. All amounts are in thousands (000’s) of United States Dollars, unless otherwise noted.HIGHLIGHTS FOR THE QUARTERRevenues of $378 compared to revenues of $1,881 during Q2 2019.Net loss of $866 compared to a net loss of $535 during Q2 2019.The Company accessed $253 of government assistance to funds payroll, rent and other qualifying expenses in its US operations.Issued 38,198,096 commons shares of the Company during the quarter to settle interest obligations on debentures for the period April 1, 2019 to June 30, 2020.INDUSTRY OUTLOOKNatural gas markets have shown signs of improvement...

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