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Day: August 18, 2020

California Bank of Commerce Adds Veteran Bankers to Growing Team

OAKLAND, Calif., Aug. 18, 2020 (GLOBE NEWSWIRE) — California Bank of Commerce (CBC) has added veteran bankers Ryan Mauser and Dana Swanson to its growing team. Mauser is based out of the bank’s East Bay office, while Swanson is serving CBC clients in the Sacramento Region.“We are constantly evaluating how to best serve our clients,” said Michele Wirfel, Senior Executive Vice President and Chief Banking Officer of California Bank of Commerce. “That meant expanding our top-notch team of relationship managers to continue our mission of building deep, lasting relationships with the businesses we serve.”“Ryan Mauser and Dana Swanson each have a proven track record of providing commercial clients in the middle market with comprehensive lending products and banking services,” added Scott Myers, CBC Senior Executive Vice President and Chief...

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Mango Capital, Inc. Adds to Its Expanding Land Portfolio with 100+ Properties in Texas

FAR HILLS, N.J., Aug. 18, 2020 (GLOBE NEWSWIRE) — Mango Capital, Inc. (OTC:  MCAP) today announces the acquisition of more than 100 properties in Texas to add to its expanding land portfolio. The consideration for the transaction was Mango common shares of stock.Brooke Pagano, Mango’s spokesperson, stated, “We are thrilled to acquire such an excellent portfolio of properties in a very desirable eastern Texas location. We appreciate the seller’s confidence in our company and management team as demonstrated by the all-stock nature of the transaction.”About Mango Capital, Inc.Mango Capital Inc. is a real estate holding company specializing in acquiring undervalued American land and complimentary operating businesses in promising markets. MCAP recently announced the acquisition of hundreds of real estate properties in Colorado, Arkansas,...

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Range Announces Pricing of Upsized $300 Million Offering of Additional 9.250% Senior Notes Due 2026 and Amends Terms of Tender Offers

FORT WORTH, Texas, Aug. 18, 2020 (GLOBE NEWSWIRE) — RANGE RESOURCES CORPORATION (NYSE: RRC) (“Range” or the “Company”) announced today that it has priced at par an offering of $300 million aggregate principal amount of its 9.250% senior notes due 2026 (the “New Notes”). Range expects that the net proceeds of the offering will be approximately $294.6 million. The size of the offering was increased from the previously announced $200 million to $300 million.The New Notes are being offered as additional notes to the $550 million aggregate principal amount of the 9.250% senior notes due 2026 previously issued by Range on January 24, 2020 (the “Initial Notes”). The New Notes will have identical terms as the Initial Notes, other than the issue date, and the New Notes and the Initial Notes will be treated as a single class of securities...

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Norsk Hydro: Paragominas bauxite pipeline in Brazil halted for extended maintenance, reducing production at Alunorte

Hydro has halted operation of the pipeline transporting bauxite from Hydro’s Paragominas bauxite mine to the alumina refinery Alunorte for extended maintenance, temporarily halting production at the mine, and reducing production at Alunorte.Hydro had scheduled the replacement of two sections of the pipeline in Q3 and Q4 2020, as part of the long-term maintenance plan for the pipeline. During the planned maintenance work in Q3, it was discovered that a section of the pipeline had deteriorated faster than expected. Based on a technical assessment, it was decided today to extend the maintenance and replace this section of the pipeline earlier than initially scheduled.The work will commence immediately, and operations are expected to resume within two months.During this period, production at Alunorte will be reduced, expected to a level between 35-45...

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Norsk Hydro: Paragominas bauksittrørledning i Brasil stoppet for utvidet vedlikehold, reduserer produksjonen ved Alunorte

Hydro har stanset driften av rørledningen som transporterer bauksitt fra bauksittgruven Hydro Paragominas til aluminaraffineriet Alunorte for utvidet vedlikehold. Dette vil midlertidig stanse produksjonen ved gruven og reduserer produksjonen ved Alunorte.Hydro hadde planlagt utskifting av to deler av rørledningen i tredje kvartal og fjerde kvartal i 2020 som del av den langsiktige vedlikeholdsplanen for rørledningen. Under det planlagte vedlikeholdsarbeidet i tredje kvartal ble det oppdaget at en del av rørledningen hadde forverret seg raskere enn forventet. Basert på en teknisk vurdering ble det i dag besluttet å utvide vedlikeholdet og erstatte denne delen av rørledningen tidligere enn opprinnelig planlagt.Arbeidet vil starte umiddelbart, og driften forventes å gjenopptas innen to måneder.I løpet av denne perioden vil produksjonen ved...

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iRhythm Technologies Announces Proposed Public Offering of Common Stock

SAN FRANCISCO, Aug. 18, 2020 (GLOBE NEWSWIRE) — iRhythm Technologies, Inc. (NASDAQ: IRTC), a leading digital health care solutions company focused on the advancement of cardiac care, announced today that it has commenced an underwritten public offering of 1,000,000 shares of its common stock. All of the shares in the offering are being offered for sale by iRhythm Technologies. In addition, iRhythm Technologies expects to grant the underwriters a 30-day option to purchase an additional 150,000 shares of its common stock in the offering. The proposed offering is subject to market and other conditions, and there can be no assurance as to whether or when the offering may be completed, or as to the actual size or terms of the offering.iRhythm Technologies intends to use the net proceeds from the offering, after deducting underwriting...

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Aya Gold & Silver Inc. Announces C$20,000,400 Underwritten Private Placement Offering

MONTREAL, Aug. 18, 2020 (GLOBE NEWSWIRE) — Aya Gold & Silver In. (“Aya” or “Company”) is pleased to announce that it has entered into an agreement with Desjardins Capital Markets, to act as lead underwriter (the “Lead Underwriter”) of a syndicate of underwriters (collectively with the Lead Underwriter, the “Underwriters”), whereby the Underwriters have agreed to purchase 9,524,000 units of the Company (the “Units”) to be priced at C$2.10 per Unit for gross proceeds to the Company of approximately C$20,000,400 (the “Offering”). Each Unit will consist of one common share in the Company (each a “Common Share”) and one-half of one common share purchase warrant (each whole warrant, a “Warrant”). Each Warrant shall be exercisable for one Common Share at an exercise price of C$3.30 for a period of 36 months...

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STEALTHGAS INC. Announces the Date for the Release of the Second Quarter and Six Months 2020 Financial and Operating Results, Conference Call and Webcast

ATHENS, Greece, Aug. 18, 2020 (GLOBE NEWSWIRE) — STEALTHGAS INC. (NASDAQ:GASS) (the “Company”), a ship-owning company serving primarily the liquefied petroleum gas (LPG) sector of the international shipping industry, announced today that it will release its second quarter and six months operating and financial results for the period ended June 30, 2020 before the market opens in New York on August 21, 2020.On August 21, 2020 at 11:00 am ET, the company’s management will host a conference call to discuss the results and the company’s operations and outlook.Conference Call details:Participants should dial into the call 10 minutes before the scheduled time using the following numbers: +1 866 280 1157 (US Toll Free Dial In) or 08006941461 (UK Toll Free Dial In).Access Code: 4165149About STEALTHGAS INC.StealthGas Inc. is a ship-owning...

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Albireo Reports Topline Results from Phase 2 Trial of Elobixibat in NAFLD/NASH

‒ Achieved primary endpoint ‒‒ Unremarkable results in key NASH measures ‒‒ Company discontinuing further development ‒BOSTON, Aug. 18, 2020 (GLOBE NEWSWIRE) — Albireo Pharma, Inc. (Nasdaq: ALBO), a clinical-stage orphan pediatric liver disease company developing novel bile acid modulators, today announced topline results from the Phase 2 proof- of-concept clinical trial evaluating elobixibat, its ileal bile acid transporter (IBAT) inhibitor currently approved in Japan for chronic constipation, for the treatment of nonalcoholic fatty liver disease (NAFLD) and nonalcoholic steatohepatitis (NASH). Following promising results in preclinical studies, the Phase 2 study achieved the primary endpoint of reduction of low-density lipoprotein cholesterol (LDL-C) but did not achieve proof-of-concept for other key NASH measures.Elobixibat achieved...

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Business is Budding for Golden Leaf Holdings

TORONTO, Aug. 18, 2020 (GLOBE NEWSWIRE) — Golden Leaf Holdings Ltd. (CSE:GLH) (OTCQB:GLDFF) (“Golden Leaf” or the “Company”), a premier consumer-driven cannabis company specializing in retail, production, processing, wholesale, and distribution, today announced financial results for the second quarter ended June 30, 2020. All financial results are stated in US dollars, unless otherwise noted.“Management believes that GLH is substantially undervalued compared to its peers. We have demonstrated the ability to achieve significant growth while navigating the COVID-19 crisis, and its impact on the market as well as our partners in each jurisdiction,” stated Jeff Yapp, Chief Executive Officer of GLH.The Company focused on growing sales in Oregon, a tactical decision made to offset unexpected shut-down related losses in Nevada, and slower...

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