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Day: August 21, 2020

Hawthorn Bancshares Announces Reinstatement of Its Common Stock Repurchase Program

JEFFERSON CITY, Mo., Aug. 21, 2020 (GLOBE NEWSWIRE) — Hawthorn Bancshares, Inc. (NASDAQ: HWBK), announced that its Board of Directors has reinstated its stock repurchase program, effective yesterday, August 20, 2020. Hawthorn Bancshares, Inc. announced the temporary suspension of its stock buyback program in light of market conditions incurred as a result of the Covid-19 pandemic in its March 31, 2020 10-Q. The reinstatement of the repurchase program has a remaining authorization of $4 million. Management was given discretion to determine the number and pricing of the shares to be purchased, as well as, the timing of any such purchases. The Company intends to purchase its shares through broker dealers selected in compliance with applicable securities laws at prices for the common stock prevailing from time to time in NASDAQ’s National...

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First Financial Northwest, Inc. Recognized for its Corporate Philanthropy by Puget Sound Business Journal; Dedicated to Serving its Communities

RENTON, Wash., Aug. 21, 2020 (GLOBE NEWSWIRE) — First Financial Northwest, Inc. (the “Company”) (NASDAQ GS: FFNW), the holding company for First Financial Northwest Bank (the “Bank”), today announced that the Company was recognized for Corporate Philanthropy by the Puget Sound Business Journal at a special virtual Corporate Citizenship Awards program on August 11, 2020. The Company, the Bank and First Financial Northwest Foundation together contributed $1.11 million in cash to Washington nonprofit organizations in 2019, ranking #1 among the 26 medium-sized companies with revenues between $20 million and $500 million to make the Puget Sound Business Journal’s annual list. The Bank’s employees also collectively donated 1,953 volunteer hours in 2019 with a focus on financial literacy education for low-to-moderate income individuals...

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Futu Announces Completion of Offering of American Depositary Shares

HONG KONG, Aug. 22, 2020 (GLOBE NEWSWIRE) — Futu Holdings Limited (“Futu” or the “Company”) (NASDAQ: FUTU), a leading one-stop financial technology platform in China, today announced the completion 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”), at a price of US$33.00 per ADS. The Company has granted 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 have been offered under the Company’s shelf registration statement on Form F-3 (the “Form F-3”) which was filed with the Securities and...

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Elixxer Ltd. Announces Revised Debt Settlement Transactions

MONTRÉAL, Aug. 21, 2020 (GLOBE NEWSWIRE) — Elixxer Ltd. (the “Corporation” or “Elixxer”) (TSX-V: ELXR and OTC-QB: ELIXF) announces, further to its press release of July 24, 2020, the revised terms of its proposed debt settlement transactions. The Corporation proposes to settle a total of $7,867,620 of debt owed by the Corporation through the issuance of securities.The debt to be settled includes $2,738,408 of principal and $880,697 of interest and fees owed to AIP Global Macro Fund LP (“AIP”) pursuant to an existing loan agreement (the “AIP Debt”).  The Corporation proposes to settle the AIP Debt by issuing to AIP a total of 241,273,667 common shares at a deemed issue price of $0.015 per share and 241,273,667 common share purchase warrants (the “AIP Debt Settlement”).  Each warrant will be exercisable for a period of 60 months from...

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Medifocus Inc. Announces Resignation of Chief Financial Officer

TORONTO, Aug. 21, 2020 (GLOBE NEWSWIRE) — Medifocus Inc. (TSXV-MFS) (“Medifocus” or the “Company”) today announced that Mr. Mirsad Jakubovic has resigned as Chief Financial Officer of the Company.The Company will commence a search for a new Chief Financial Officer.About Medifocus, Inc.:Medifocus, Inc. (TSX-V: MFS; OTCQB: MDFZF) is a Biotechnology Company with a portfolio of medical technologies that utilize patented Focal Thermal Technology to treat conditions ranging from Prostate Diseases to Breast Cancer. Its Prolieve® Thermodilatation™ System offers symptomatic relief to men with Benign Prostatic Hyperplasia (BPH) through a simple, fast, in-office treatment. Prolieve® is both FDA and Medicare approved for treating symptomatic BPH with over 100,000 cases performed in the U.S. alone, and with proven long-term safety, efficacy and...

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Northfield Relies on Temporary Exemption From Filing Requirements

TORONTO, Aug. 21, 2020 (GLOBE NEWSWIRE) — Northfield Capital Corporation (TSX-V:NFD.A) (“Northfield” or the “Company”) announces that it is relying on the exemption provided in Ontario Instrument 51- 505 Temporary Exemption from Certain Corporate Finance Requirements with Deadlines during the Period from June 2 to August 31, 2020 (and similar exemptions provided by other Canadian securities regulators) (the “Ontario Instrument”) to postpone the filing of the following continuous disclosure documents (collectively, the “Documents”):the Company’s unaudited interim financial statements for the six month period ended June 30, 2020 and related certifications; andthe Company’s MD&A for the six month period ended June 30, 2020.The Ontario Instrument provides the Company with an additional 45 days from the deadlines otherwise applicable...

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Ferroglobe PLC Schedules Second Quarter 2020 Earnings Investor Call for September 1, 2020

LONDON, Aug. 21, 2020 (GLOBE NEWSWIRE) — Ferroglobe PLC (NASDAQ:GSM) announced today that it will issue second quarter 2020 financial results after the close of the market on Monday, August 31, 2020 and will host the quarterly earnings call on Tuesday, September 1, 2020.  Ferroglobe invites all interested persons to participate on its conference call at 9:00 AM, U.S. Eastern Daylight Time. The dial-in number for the call for participants in the United States is +1-877-293-5491 (conference ID 3128367).  International callers should dial +1-914-495-8526 (conference ID 3128367). Please dial in at least five minutes prior to the call to register. The call may also be accessed via an audio webcast available at https://edge.media-server.com/mmc/p/a4i7n7abDate: September 1, 2020Time: 9:00 AM EDTListen via Internet: https://edge.media-server.com/mmc/p/a4i7n7abAbout FerroglobeFerroglobe is...

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Newton Energy Corporation Announces Definitive Agreement with Field Trip Psychedelics Inc.

CALGARY, Alberta, Aug. 21, 2020 (GLOBE NEWSWIRE) —NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF U.S. SECURITIES LAW.Newton Energy Corporation (“Newton”) (TSXV: NTN.H) is pleased to announce that, further to its news release of June 18, 2020, it has entered into a definitive agreement dated August 21, 2020 (the “Amalgamation Agreement”) with Field Trip Psychedelics Inc. (“Field Trip”) (www.fieldtriphealth.com) and Newton’s wholly-owned subsidiary, Newton Energy Subco Limited (“Newton Subco”), pursuant to which the parties intend to complete a going-public transaction for Field Trip (the “Transaction”). The Transaction is structured as a three-cornered amalgamation, which will result in Field Trip becoming a wholly-owned...

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Seacoast Completes Acquisition of Fourth Street Banking Company

STUART, Fla., Aug. 21, 2020 (GLOBE NEWSWIRE) — Seacoast Banking Corporation of Florida (NASDAQ: SBCF) (“Seacoast”), the holding company for Seacoast National Bank (“Seacoast Bank”), announced today the completion of its acquisition of Fourth Street Banking Company (“Fourth Street”), effective August 21, 2020, pursuant to the merger of Fourth Street with and into Seacoast and of Fourth Street’s wholly-owned banking subsidiary, Freedom Bank, with and into Seacoast Bank.Under the terms of the merger agreement, Fourth Street shareholders will receive 0.1275 shares of Seacoast common stock for each share of Fourth Street common stock held immediately prior to the merger. The resulting aggregate merger consideration paid by Seacoast was approximately $41.7 million.Freedom Bank, headquartered in...

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NuLegacy Gold Reports Change to Board

VANCOUVER, British Columbia, Aug. 21, 2020 (GLOBE NEWSWIRE) — NuLegacy Gold Corporation announces that Mr. James Anderson is retiring as a Director of NuLegacy Gold.  Mr. Anderson served as CEO of NuLegacy from 2012 to 2019, and as a Board member since 2012.  James is now fully focused on his position as Chairman and Chief Executive Officer developing a Mexican silver project with Vangold Mining Corp.“The management and fellow directors of the Company join me in wishing James well and thanking him for his extensive contributions to NuLegacy,” says Alex Davidson, Chairman of the Board.“The trend is our friend” – NuLegacy Gold is focused on confirming high-grade Carlin-style gold deposits on its premier 108 sq. km (42 sq. mile) district scale Red Hill Property in the Cortez gold trend of Nevada. The Red Hill Property is located on...

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