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Day: August 19, 2020

DZS Unveils Unified Brand, Technology Pillars and Leadership Team  

PLANO, Texas, Aug. 19, 2020 (GLOBE NEWSWIRE) — DZS (NSDQ: DZSI), a leading enabler of the hyper-connected world, today announced the consolidation of its acquired brands under DZS and its new senior leadership team and organizational structure designed to accelerate globalization of its groundbreaking innovations. Additionally, the company outlined its going forward vision and strategy under the direction of newly appointed President and CEO Charlie Vogt, and unveiled a new DZS logo.“I’ve never seen a market teeming with more opportunities than we are seeing right now with the confluence of 5G and next-generation fiber access technologies, the proliferation of IOT and cloud virtualization, and the transformation enabled by software defined networking and orchestration,” said Mr. Vogt. “Sitting squarely in the middle of this sea...

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Selskabsmeddelelse nr. 9/2020: Halvårsrapport pr. 30. juni 2020

Et halvår påvirket af CoronaResultat før skat for første halvår 2020 er et underskud på 5,0 mio. kr. mod et overskud før skat på 24,7 mio. kr. sidste år. Resultatet efter skat udgør et underskud på 1,0 mio. kr. mod et overskud på 19,8 mio. kr. sidste år.Halvårsresultatet anses ikke for tilfredsstillende, men skal ses i lyset af den ekstraordinære situation i forbindelse med Corona pandemien.Nedskrivninger på udlån og tilgodehavender m.v. udgør 18,0 mio. kr. mod 3,9 mio. kr. sidste år. Nedskrivningerne er i væsentlig grad påvirket af Corona pandemien. Banken har foretaget et ledelsesmæssigt tillæg på 8,2 mio. kr. til de opgjorte nedskrivninger, hvilket udgør 45,6 % af de udgiftsførte nedskrivninger i halvåret. Banken har endnu ikke realiseret tab som følge af Corona pandemien.Udlån er faldet med 16,5 % i forhold til samme tidspunkt sidste...

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BlackRock® Canada Announces August Cash Distributions for the iShares® ETFs

TORONTO, Aug. 19, 2020 (GLOBE NEWSWIRE) — BlackRock Asset Management Canada Limited (“BlackRock Canada”), an indirect, wholly-owned subsidiary of BlackRock, Inc. (NYSE: BLK), today announced the August 2020 cash distributions for the iShares ETFs listed on the TSX or NEO which pay on a monthly basis as well XIU. Unitholders of record of a fund on August 26, 2020 will receive cash distributions payable in respect of that fund on August 31, 2020.Details regarding the “per unit” distribution amounts are as follows:Estimated August Cash Distributions for the iShares Premium Money Market ETFThe August cash distributions per unit for the iShares Premium Money Market ETF are estimated to be as follows:BlackRock Canada expects to issue a press release on or about August 25, 2020, which will provide the final amounts for the iShares Premium...

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Fireweed Exploration Update: Exploration Ramps Up at Macmillan Pass

VANCOUVER, British Columbia, Aug. 19, 2020 (GLOBE NEWSWIRE) — FIREWEED ZINC LTD. (“Fireweed” or the “Company”) (TSXV: FWZ) is pleased to announce that exploration work is ramping up on the Macmillan Pass Zinc Project in Yukon, Canada.HighlightsThe first core drill will arrive on site next week and a second drill will arrive shortly afterMost drilling will be at Boundary Zone, further testing the wide, high-grade mineralization intersected in 2019New discovery targets will also be drilled, including 240 Mile TargetGeological mapping, geochemical sampling, and prospecting are underway in the Boundary Zone area and at 240 Mile Target (see Fireweed news release dated June 11, 2020 for details of 2020 exploration targets on the property)Ground gravity surveying has begun in the Fertile Corridor to the west of previous surveys, including...

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Teligent, Inc. Announces Second Quarter 2020 Results

BUENA, N.J., Aug. 19, 2020 (GLOBE NEWSWIRE) — Teligent, Inc. (NASDAQ: TLGT), a New Jersey-based specialty generic pharmaceutical company, today announced its financial results for the second quarter ended June 30, 2020.Financial HighlightsSecond Quarter 2020 vs. First Quarter 2020Revenues of $13.6 million, an increase of $6.1 million or 82%, stronger demand for both US topical products and injectable products sold in Canada Gross profit of $2.5 million, an increase of $3.7 million or 315% driven by the increase in revenues Product development and research expenses of $1.9 million, an increase of $0.1 million or 4% Selling, general and administrative expenses of $5.0 million, a decrease of $1.7 million or 26% driven by the Company’s ongoing efforts to reduce discretionary spending and less litigation and debt related professional...

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Revival Gold Doubles Planned Drilling Program at Beartrack-Arnett

TORONTO, Aug. 19, 2020 (GLOBE NEWSWIRE) — Revival Gold Inc. (TSXV: RVG, OTCQB: RVLGF) (“Revival Gold” or the “Company”), a growth‐focused gold exploration and development company, is pleased to announce a significant expansion to the planned drilling program this year at the Company’s Beartrack-Arnett Gold Project (“Beartrack-Arnett”) located in Lemhi County, Idaho.HighlightsThe initial 5,000-meter core drilling program with Boart Longyear Limited at Beartrack-Arnett has been expanded to 10,000 meters and now includes four target areas; Drilling in the Haidee area at Arnett will include 3,000 meters (10-15 holes) of resource expansion drilling along strike from the existing Arnett Mineral Resource and an additional 2,000 meters (8-10 holes) of infill drilling to expand and upgrade the Inferred resource at Haidee; Drilling in the...

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CB2 Insights Adds Insurance Industry Veteran Pam Galassini to its Leadership Team

Galassini brings more than 20 years of experience in the Insurance and Payor industry as a former Medco Health Solutions, Inc executiveGalassini will help drive growth for CB2 in developing a sales channel with small-to medium-sized businesses (“SMB”) in the United States for Skylight Health Direct Primary Care servicesSMB’s represent nearly 48% of the total employee workforce in the US and among the highest rate of the uninsured populationOver the coming months, CB2 will develop and deploy a strategy to bring its Direct Primary Care services to small and medium sized employers across the US, with a total addressable market of more than 60 million Americans and USD $4.2 billion.TORONTO, Aug. 19, 2020 (GLOBE NEWSWIRE) — CB2 Insights (CSE:CBII; OTCQB: CBIIF) (“CB2” or the “Company”), announced today that it has appointed former Medco...

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NaturalShrimp Submits its Application to NASDAQ Capital Market

Dallas, Texas, Aug. 19, 2020 (GLOBE NEWSWIRE) — via NEWMEDIAWIRE — NaturalShrimp, Inc., (OTCQB:SHMP), an aquaculture Company which has developed and patented the first commercially operational Recirculating Aquaculture System (RAS) for shrimp, announced today that it has filed its initial listing application with the NASDAQ, an important first step in the Company’s plan to uplist its common stock on the NASDAQ Capital Market.“The Company has been working tirelessly to complete all of the necessary steps to successfully meet the requirements for listing on the NASDAQ,” said William Delgado, CFO of NaturalShrimp. “If approved, upon meeting all the listing criteria, we feel this move will provide the Company the proper exposure to help broaden our shareholder base and increase appeal to institutional investors, ETFs and indexes....

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Contango Announces Second Quarter 2020 Financial Results

HOUSTON, Aug. 19, 2020 (GLOBE NEWSWIRE) — Contango Oil & Gas Company (NYSE American: MCF) (“Contango” or the “Company”) announced today its financial results for the second quarter ended June 30, 2020. Second Quarter 2020 HighlightsProduction of 1,469 Mboe for the quarter, or 16.1 Mboe per day, almost three times the 5.4 Mboe per day produced in the prior year quarter, primarily due to additional production from the properties acquired from White Star Petroleum, LLC and certain affiliates (collectively, “White Star”) and Will Energy Corporation (“Will Energy”) in the fourth quarter of 2019. Production also came in above the high end of our guidance range for the quarter. Lease operating expenses of (exclusive of production and ad valorem taxes) of $16.3 million during the quarter, 27% below the low end of our guidance range...

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