Day: August 20, 2020

TORONTO, Aug. 20, 2020 (GLOBE NEWSWIRE) — Itafos (TSX-V: IFOS) (the “Company”) provided today an update on Itafos Conda’s previously announced reduced scope plant turnaround and announced a disruption in sulfuric acid supply to Itafos Conda from Rio Tinto’s Kennecott mine.The Company previously announced its decision to conduct a reduced scope plant turnaround at Itafos Conda during July 2020 as part of its risk mitigation measures during the COVID-19 pandemic. The reduced scope plant turnaround focused on inspection, testing and preventative maintenance of critical equipment. Itafos Conda completed the reduced scope plant turnaround with no environmental releases or reportable injuries.The Company further announced today that Itafos Conda has been experiencing a significant disruption in sulfuric acid supply from Rio Tinto’s Kennecott...

TORONTO, Aug. 20, 2020 (GLOBE NEWSWIRE) — Class 1 Nickel and Technologies Limited (“Class 1 Nickel” or the “Company”) (CSE: NICO), a Canadian company aiming to develop nickel-copper-cobalt sulphide deposits 45km northeast of Timmins, Ontario, today announces the issuance of 130,769 common shares in the capital of the Company (“Common Shares”) at a price of $0.65 per Common Share, being the closing price of the Common Shares on the date of issuance. The issuance of Common Shares maintains the Company’s option to earn a 100% undivided interest from Quebec Precious Metals Corporation (“QPM”) in the Somanike Property, an exploration stage property consisting of 5146.06 hectares located in La Motte, Quebec. A copy of the option agreement concerning the Somanike Property dated April 27, 2020 (the “Option Agreement”) was filed under Class...

TORONTO, Aug. 20, 2020 (GLOBE NEWSWIRE) — Flow Capital Corp. (TSXV: FW) (“Flow Capital”) today announced its financial and operating results for the three-month and six-month periods ended June 30, 2020. Financial references are in Canadian dollars unless otherwise specified.2020 Second Quarter HighlightsEstimated book value at the end of Q2 of approximately $0.49 per share; year-to-date (YTD) growth of more than 8% from the book value at the year-end December 31, 2019Completed a share consolidation resulting in 32,934,077 common shares post-consolidationQ2 total revenue under IFRS $1,835,000; YTD $2,928,000YTD net loss from continuing operations of $342,000YTD adjusted EBITDA(1) of $836,000Generated YTD cash from operations of $663,000“In the second quarter, we continued to focus on improving our operating efficiency and resource...

バミューダ諸島ハミルトン発, Aug. 21, 2020 (GLOBE NEWSWIRE) — エンスター･グループ･リミテッド (Enstar Group Limited、以下「エンスター」) (NASDAQ: ESGR) は本日、子会社であるエンスター･ファイナンス (Enstar Finance LLC) が、2040年満期、5.750%固定金利リセット型下位劣後債 (以下「本債」) の価格を元本総額3億5,000万ドル (約371億3000万円) と設定し、本債はエンスターが劣後基準で完全かつ無条件に保証することを発表した。本募集は、慣例的な終了条件を満たすことを条件に、2020年8月26日に終了する予定となっている。エンスターは、公募による純手取り金と手元現金で、タームローンの借入残高約3億5,000万ドル (約371億3000万円) を返済する予定である。ウェルズ･ファーゴ証券 (Wells Fargo Securities)、バークレイズ (Barclays)、HSBC、JPモルガン (J.P. Morgan)、ING、nab証券 (nabSecurities, LLC)、スコシアバンク (Scotiabank)、Truist Securitiesが共同主幹事を務め、コメルツ銀行 (COMMERZBANK) とオーストラリア･コモンウェルス銀行 (Commonwealth Bank of Australia) が上級副幹事、BMOキャピタルマーケッツ (BMO Capital Markets) とロイズ証券 (Lloyds Securities) が下級副幹事を務めている。債券の募集は、米国証券取引委員会 (以下「SEC」) に提出済みの有効な登録届出書に基づいて行われる。本プレスリリースは、売り出しの申込みまたは買い付け申込みの勧誘を構成するものではなく、当該州または管轄区の証券法に基づく登録または資格取得前に、当該申込み、勧誘または販売活動が違法となるような州または管轄区における有価証券の販売を行うものではない。売り出しまたは買い付けの勧誘は、SECに提出された目論見書および関連する目論見書補完書面のみをもって行われる。これらの文書は、SEC...

TORONTO, Aug. 20, 2020 (GLOBE NEWSWIRE) — Asian Mineral Resources Limited (the “Company”) (ASN-TSX Venture) is pleased to announce it has retained Hybrid Financial Ltd. (“Hybrid”) to provide investor relations services to the Company, pursuant to a consulting agreement dated August 20, 2020.  Hybrid has been engaged to heighten market and brand awareness for Asian Mineral Resources Limited and to broaden the Company’s reach within the investment community (the “Services”). In consideration for these Services the Company has agreed to pay Hybrid a fee of $15,000 per month plus applicable taxes for a six-month period.

MALVERN, Pa., Aug. 20, 2020 (GLOBE NEWSWIRE) — Baudax Bio, Inc. (NASDAQ:BXRX), a pharmaceutical company focused on therapeutics for acute care settings, today announced that Arnold Baskies, M.D. and Andrew Drechsler, have been appointed to the Company’s Board of Directors.Dr. Baskies is a past Chief Science Officer and Chairman of the National Board of Directors of the American Cancer Society. He is a fellowship trained surgical oncologist recognized with numerous major awards in the field. Mr. Drechsler serves as the Chief Financial Officer of Provention Bio, Inc., a biopharmaceutical company dedicated to intercepting and preventing immune-mediated disease, and previously as Chief Financial Officer of Insmed Incorporated.“We are pleased to welcome both Arnold Baskies, M.D. and Andy Drechsler to Baudax’s Board,” said Alfred...

WAYZATA, Minn., Aug. 20, 2020 (GLOBE NEWSWIRE) — Trean Insurance Group, Inc. (Nasdaq: TIG), a leading provider of products and services to the specialty insurance market, announced today that it will release its 2020 second quarter results after the market closes on Thursday, August 27, 2020.A webcast and conference call to discuss the Company’s results will be held that day beginning at 5:00 p.m. (Eastern Time). The audio webcast is accessible through the investor relations section of the Company’s website at https://investors.trean.com.The dial-in number for the conference call is (833) 519-1344 (toll-free) or (914) 800-3906 (international), conference ID# 2439999.  Any person interested in listening to the call should dial in or access the website at least 10 minutes before the call.ReplayA replay of the call will be available...

MILWAUKEE, Aug. 20, 2020 (GLOBE NEWSWIRE) — Koss Corporation (NASDAQ SYMBOL: KOSS), the U.S. based high-fidelity headphone company, has reported its fourth quarter results for the quarter ended June 30, 2020.Sales for the fourth quarter were $3,948,967, which is a 31.7% decrease from sales of $5,785,784 for the same three month period one year ago. The three month net income was $158,239, compared to net income of $23,388 for the fourth quarter last year. Diluted and basic income per common share for the quarter was $0.02 compared to diluted and basic income per common share of $0.00 for the three month period one year ago.“We experienced lower sales in the quarter as retail in the US and Europe struggled to rebound from the negative impact of the COVID-19 pandemic,” Michael J. Koss, Chairman and CEO, said today. “Communications...

HOUSTON, Aug. 20, 2020 (GLOBE NEWSWIRE) — Epsilon Energy Ltd. (“Epsilon” or the “Company”) (NASDAQ: EPSN) today announced Michael Raleigh, CEO will participate in the virtual Midwest IDEAS Investor Conference on August 27, 2020. EPSN’s presentation is scheduled to be available at 8:00 am CST on August 27th on the company’s website: http://www.EPSILONENERGYLTD.com. The presentation will also be webcasted and can be accessed through the conference website, www.IDEASconferences.com.About Epsilon

TORONTO, Aug. 20, 2020 (GLOBE NEWSWIRE) — Pelangio Exploration Inc. (PX: TSX-V; OTC PINK: PGXPF) (“Pelangio” or the “Company”) is pleased to announce that its Board of Directors (“Board”) has appointed Mr. James Hannon and Mr. Albert (“Al”) Gourley as Directors of the Company effective immediately.Al Gourley is the London Managing Partner of Fasken Martineau, an international law firm, where his practice focuses on finance and asset transactions in the natural resource industry. Mr. Gourley has served as a director of several TSX, TSX-V and AIM-listed mining and mineral exploration companies, including a company that discovered the Ahafo Mine in Ghana before being acquired by Newmont. Al has direct mining industry experience having worked for the Noranda Group (1992 to 1995) and having served as CEO of an AIM-listed industrial mineral...