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Day: August 17, 2020

Americas Gold and Silver Announces C$25.0 Million Bought Deal Financing

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATESTORONTO, Aug. 17, 2020 (GLOBE NEWSWIRE) — Americas Gold and Silver Corporation. the “Company”) (TSX: USA; NYSE: USAS) is pleased to announce that it has entered into an agreement with a syndicate of underwriters (the “Underwriters”) co-led by Desjardins Capital Markets and Cormark Securities Inc. pursuant to which the Underwriters have agreed to purchase, on a bought‐deal basis, 6,477,000 common shares of the Company (“Shares”) at a price of C$3.86 per Share (the “Offering Price”) for aggregate gross proceeds to the Company of C$25.0 million (the “Offering”).The Underwriters have been granted an option (the “Over‐Allotment Option”), exercisable in whole or in part, at any time within 30 days following and including the closing of the...

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CAPREIT Announces August 2020 Distribution

TORONTO, Aug. 17, 2020 (GLOBE NEWSWIRE) — Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX – CAR.UN) announced today its August 2020 monthly distribution in the amount of $0.11500 per Unit (or $1.38 on an annualized basis). The August distribution will be payable on September 15, 2020 to Unitholders of record on August 31, 2020.To encourage participation and reward our loyal Unitholders, investors registered in our Distribution Reinvestment Plan will continue to receive an additional amount equal to 5% of their distributions paid in the form of additional Units.CAPREIT is one of Canada’s largest real estate investment trusts. CAPREIT owns approximately 56,700 suites and sites, including townhomes and manufactured housing sites, in Canada and indirectly through its investment in ERES, approximately 5,600...

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Futu Announces Proposed Offering of 9,500,000 American Depositary Shares

HONG KONG, Aug. 17, 2020 (GLOBE NEWSWIRE) — Futu Holdings Limited (“Futu” or the “Company”) (NASDAQ: FUTU), a leading one-stop financial technology platform in China, today announced the commencement of the offering of 9,500,000 American depositary shares (the “ADSs”), each representing eight Class A ordinary shares of the Company (the “ADS Offering”). The Company intends to grant the underwriters in the ADS Offering a 30-day option to purchase up to an additional 1,425,000 ADSs.Goldman Sachs (Asia) L.L.C., Credit Suisse Securities (USA) LLC, UBS Securities LLC and Haitong International Securities Company Limited are acting as joint bookrunners for the ADS Offering.The ADSs will be offered under the Company’s shelf registration statement on Form F-3 which was filed with the Securities and Exchange Commission (the “SEC”) and automatically...

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Kirkland Lake Gold Announces Strategic Alliance With Newmont Canada For Exploration Opportunities Around Holt Complex And Newmont’s Timmins Properties

TORONTO, Aug. 17, 2020 (GLOBE NEWSWIRE) — Kirkland Lake Gold Ltd. (“Kirkland Lake Gold” or the “Company”) (TSX:KL) (NYSE:KL)(ASX:KLA) today announced that the Company and its wholly-owned indirectly held subsidiary St Andrew Goldfields Ltd. have entered into a strategic alliance agreement (the “Agreement”) with Newmont Canada FN Holdings ULC (“Newmont”) with respect to exploration and development opportunities around the Company’s Holt Complex and Newmont’s properties in Timmins, Ontario.Under terms of the Agreement, Newmont will pay Kirkland Lake Gold US$75 million to acquire an option (the “Option”) on certain mining and mineral rights related to the Company’s Holt Mine property.   The Agreement also includes a commitment by the two companies to work together to identify additional regional exploration opportunities around their...

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Agora, Inc. Reports Second Quarter 2020 Financial Results

SANTA CLARA, Calif., Aug. 17, 2020 (GLOBE NEWSWIRE) — Agora, Inc. (NASDAQ: API) (“Agora”), a pioneer and leading platform for real-time engagement APIs, today announced its financial results for the second quarter ended June 30, 2020.“We delivered strong results in our first quarter as a public company, with total revenues up 128% year-over-year. Our efficient and scalable business model focused on developers also contributed to positive GAAP profitability and free cash flow in the quarter,” said Tony Zhao, founder, chairman and CEO of Agora. “Developers around the world continue to use Agora’s real-time engagement APIs to build immersive experiences for their end users and enable meaningful human connections. The successful completion of our IPO in June will provide additional brand visibility and capital to drive our growth as...

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Protech Home Medical Reports Record Third Quarter Fiscal 2020 Financial Results

Run-Rate Revenue Reaches $100 MillionPosts Revenue Growth of 28% and Adjusted EBITDA Growth of 47%CINCINNATI, Aug. 17, 2020 (GLOBE NEWSWIRE) — Protech Home Medical Corp. (“Protech” or the “Company”) (TSXV: PTQ) (OTCQX: PTQQF), a U.S. based leader in the home medical equipment industry, focused on end-to-end respiratory care, today announced its third quarter fiscal 2020 financial results and operational highlights for the period ended June 30, 2020.Protech will host its Quarterly Earnings Conference Call on Tuesday, August 18, 2020 at 10:00 a.m. (EDT). The dial-in number is 1 (800) 319-4610 or 1 (604) 638-5340. The live audio webcast can be found on the investor section of the Company’s website through the following link: https://protechhomemedical.com/conference_callsFinancial Highlights:Revenue for Q3 2020 was $25.9 million compared...

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Penn Virginia Announces Retirement of John A. Brooks and Appointment of Darrin J. Henke as President, CEO and Director

HOUSTON, Aug. 17, 2020 (GLOBE NEWSWIRE) — Penn Virginia Corporation (“Penn Virginia” or the “Company”) (NASDAQ:PVAC) today announced the concurrent retirement of John A. Brooks and appointment of Darrin J. Henke as President, Chief Executive Officer (“CEO”) and Director of the Company, effective immediately.“The Board is thankful for John’s years of service and leadership. He steadied us during a challenging period in the industry,” said Darin G. Holderness, Chairman of the Board of Directors. “Under his leadership, Penn Virginia implemented significantly improved drilling and completions operations and positioned us well for the future. He has been a tremendous asset to Penn Virginia, and we wish him the best in his future endeavors.”Mr. Holderness continued, “We are very pleased to have Darrin joining Penn Virginia as President,...

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Ayr Strategies to Hold Second Quarter 2020 Conference Call on Thursday, August 27, 2020 at 8:30 a.m. ET

TORONTO, Aug. 17, 2020 (GLOBE NEWSWIRE) — Ayr Strategies Inc. (CSE: AYR.A, OTCQX: AYRSF) (“Ayr”), a vertically-integrated cannabis multi-state operator (MSO), will hold a conference call on Thursday, August 27, 2020 at 8:30 a.m. Eastern time to discuss its results for the second quarter ended June 30, 2020. The Company will provide its financial results in a press release prior to the conference call.Ayr CEO Jonathan Sandelman, COO Jennifer Drake and CFO Brad Asher will host the conference call, followed by a question and answer period.Conference Call Date: Thursday, August 27, 2020Time: 8:30 a.m. Eastern timeToll-free dial-in number: (877) 282-0546International dial-in number: (270) 215-9898Conference ID: 5578887Please call the conference telephone number 5-10 minutes prior to the start time. An operator will register your name...

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Adamis Pharmaceuticals Announces Second Quarter 2020 Financial Results and Business Update

SAN DIEGO, Calif., Aug. 17, 2020 (GLOBE NEWSWIRE) — Adamis Pharmaceuticals Corporation (NASDAQ: ADMP) today announced financial results for the second quarter ended June 30, 2020 and provided a business update.Dr. Dennis J. Carlo, President and Chief Executive Officer of Adamis Pharmaceuticals, stated, “Although we continue to be negatively impacted by the pandemic and government required operating restrictions, we are very excited about several developments during the last quarter.  First, we finalized our agreement with Sandoz, Inc. to take back U.S. commercial rights for our SYMJEPI® products.  More importantly, we executed a new agreement with US WorldMeds, LLC (USWM) under which they have assumed U.S. rights to market and distribute the SYMJEPI products and, upon FDA approval which we believe will occur this year, will have...

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Oil-Dri Corporation of America to Present Virtually at the Midwest IDEAS Investor Conference on August 27th

CHICAGO, Aug. 17, 2020 (GLOBE NEWSWIRE) — Oil-Dri Corporation of America (NYSE: ODC) today announced that Daniel S. Jaffee, President & Chief Executive Officer, Susan M. Kreh, Chief Financial Officer, Jessica D. Moskowitz, Vice President and General Manager, Consumer Products Division, and Flemming L. Mahs, President, Amlan International, will participate in the virtual Midwest IDEAS Investor Conference on August 27, 2020.  Oil-Dri’s presentation will be available at 7:00am CST on August 26th through the investor relations events section of the company’s website: www.oildri.com or through the conference website: www.IDEASconferences.com.About Oil-Dri Corporation of America:Oil-Dri is a leading manufacturer and supplier of high-quality sorbent mineral products for the Pet Care, Animal Health & Nutrition, Fluids Purification,...

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