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Day: August 21, 2020

The Southern Banc Company, Inc. Announces Preliminary Fourth Quarter Earnings

GADSDEN, Ala., Aug. 21, 2020 (GLOBE NEWSWIRE) — Gates Little, President and Chief Executive Officer of The Southern Banc Company, Inc. (OTCBB: SRNN), the holding company for The Southern Bank Company, announced preliminary unaudited results (subject to audit adjustments following the fiscal year-end audit) of operations for the fourth quarter and year ended June 30, 2020:For the three months ended June 30, 2020, the Company reported net income of approximately $40,000, or $0.05 per basic and diluted share as compared to net income of approximately $95,000, or $0.12 per basic and diluted share, for the three months ended June 30, 2019.  For the fiscal year ended June 30, 2020, the Company recorded net income of approximately $314,000, or $0.41 per basic and diluted share, as compared to net income of approximately $464,000, or $0.61...

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Teranga Gold Files Technical Report for Sabodala-Massawa Gold Complex

TORONTO, Aug. 21, 2020 (GLOBE NEWSWIRE) — Teranga Gold Corporation (“Teranga” or the “Company”) (TSX:TGZ; OTCQX:TGCDF) is pleased to announce that it has filed a National Instrument 43-101 – Standards of Disclosure for Mineral Projects Technical Report in respect of the preliminary feasibility study (the “PFS”) for its Sabodala-Massawa Gold Complex (“Sabodala-Massawa”) in Senegal, West Africa (the “Sabodala-Massawa Technical Report”). The Sabodala-Massawa Technical Report was prepared by Teranga and supports the combined mineral reserve estimates and mine plan of Sabodala Gold Operations and the Massawa Project previously announced on July 26, 2020. To view the full version of the Sabodala-Massawa Technical Report, please see the Company’s filings on www.sedar.com or go to Teranga’s website at www.terangagold.com.“The...

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Automotive Finco Corp. Announces September 2020 Cash Dividend

Not for distribution to United States newswire services or for dissemination in the United States. This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States.TORONTO, Aug. 21, 2020 (GLOBE NEWSWIRE) — Automotive Finco Corp. (TSX-V: AFCC) (the “Company”) is pleased to announce a cash dividend of $0.0171/common share ($0.205/common share on an annual basis) to be paid on September 30, 2020 to the shareholders of record as ofAugust 31, 2020.  The dividend is an eligible dividend.The declaration, amount and payment of future cash dividends are subject to the board of directors’ continuing determination that the payment of dividends are in the best interests of the Company, its shareholders and are in compliance with all laws and agreements of the Company applicable...

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Fronsac Announces Its Results for the Quarter Ended June 30, 2020, Its Monthly Distributions for Q4 2020 and a Business Update

MONTREAL, Aug. 21, 2020 (GLOBE NEWSWIRE) — (TSX-V: FRO.UN) Fronsac Real Estate Investment Trust (“Fronsac”) announces its results for the quarter ended June 30th, 2020 and that it will make monthly cash distributions of 0.213¢ per unit, representing 2.555¢ per unit on an annualized basis, on October 30th, November 30th and December 31st, 2020 to unitholders of record on October 15th, November 16th and December 15th, 2020, respectively.For the quarter ended June 30st, 2020, Fronsac reported recurring funds from operations (“Recurring FFO”) per unit of 1.25¢ compared to 1.03¢ per unit for the quarter ended June 30, 2019, an increase of 21%. Recurring FFO was $1,830,892, an increase of 63% ($1,121,743 in Q2 2019). During Q2 2020, the Trust’s property rental income was $3,203,394 compared to $2,192,484 in Q2 2019, an increase...

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Fronsac annonce ses résultats pour le trimestre terminé le 30 juin 2020 ainsi que les distributions mensuelles du T4 2020 et fait le point sur ses activités

MONTRÉAL, 21 août 2020 (GLOBE NEWSWIRE) — (TSX – V : FRO.UN) Fiducie de Placement Immobilier Fronsac (« Fronsac ») annonce ses résultats pour le trimestre terminé le 30 juin 2020 et des distributions mensuelles en espèces de 0,213 ¢ par part, soit 2,555 ¢ par part sur une base annualisée, lesquelles seront payables les 30 octobre, 30 novembre et 31 décembre 2020 aux porteurs de parts inscrits aux registres en date des 15 octobre, 16 novembre et 15 décembre 2020, respectivement.Pour le trimestre terminé le 30 juin 2020, Fronsac a généré des fonds récurrents provenant de l’exploitation (« FPE récurrents ») de 1,25 ¢ par part comparativement à 1,03 ¢ par part pour le trimestre terminé le 30 juin 2019, soit une augmentation de 21 %. Les FPE récurrents ont totalisé 1 830 892 $, soit une augmentation de 63 % (1 121 743 $ au cours...

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MacDonald Mines Announces Grant of Stock Options

TORONTO, Aug. 21, 2020 (GLOBE NEWSWIRE) — MacDonald Mines Exploration Ltd. (TSX-V: BMK) (“MacDonald Mines”, “MacDonald” or the “Company”) announces the grant, under the Company’s stock option plan, of 4,395,560 stock options to certain directors, officers and consultants of the Company. The options entitle the holders to purchase the same number of common shares of the Company at a price of $0.13 per share for a period of five years.About MacDonald Mines Exploration Ltd.MacDonald Mines Exploration Ltd. is a mineral exploration company headquartered in  Toronto, Ontario focused on gold exploration in Canada.  The Company is focused on developing its large SPJ Project in Northern Ontario.The Company’s common shares trade on the TSX Venture Exchange under the symbol “BMK”.To learn more about MacDonald Mines, please...

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Peptic Ulcer Drugs Market Worth USD 5.13 Billion at 2.4% CAGR by 2027; Increasing Incidence of Peptic Ulcers Worldwide to Surge Demand: Fortune Business Insights™

Pune, Aug. 21, 2020 (GLOBE NEWSWIRE) — The global peptic ulcer drugs market size is projected to showcase exponential growth by reaching USD 5.13 billion by 2027 while exhibiting a CAGR of 2.4% between 2020 and 2027. This is attributable to the increasing prevalence of peptic ulcer disease and the growing demand for effective peptic ulcer drugs across the globe.Fortune Business Insights, in its latest report, titled, “Peptic Ulcer Drugs Market Size, Share & COVID-19 Imapct Analysis, By Drugs Type (Proton Pump Inhibitor (PPI), H2 Antagonists, Antibiotics, and Others), By Ulcer Type (Gastric Ulcer and Duodenal Ulcer), By Distribution Channel (Hospital Pharmacies, Retail Pharmacies, and Online Pharmacies), and Regional Forecast, 2020-2027.”, mentions that the market was valued at USD 4.25 billion in 2019 and is likely to gain...

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REMINDER/Media Advisory: BRP to Present Its Second Quarter Results for Fiscal Year 2021

VALCOURT, Quebec, Aug. 21, 2020 (GLOBE NEWSWIRE) — BRP Inc. (TSX:DOO; NASDAQ:DOOO) will hold its second quarter FY2021 financial results conference call on Thursday, August 27, 2020.José Boisjoli, President and Chief Executive Officer, and Sébastien Martel, Chief Financial Officer, will present the results of the second quarter of FY2021 and address questions from analysts on a conference call at 9 a.m. (EDT).Second Quarter FY2021 ResultsThe press release will be distributed on Canadian and American newswires on Thursday, August 27, at approximately 6 a.m. (EDT).Business media are allowed to join the call but will not be permitted to ask questions. This webcast will also be live on the Internet here and accessible to media and interested participants. An archived recording will be available here two hours after the event for 30...

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RAPPEL/Avis aux médias : BRP publiera ses résultats du deuxième trimestre de l’année financière 2021

VALCOURT, Québec, 21 août 2020 (GLOBE NEWSWIRE) — BRP Inc. (TSX: DOO; NASDAQ: DOOO) tiendra un appel conférence sur les résultats financiers de son deuxième trimestre de l’année financière 2021 le jeudi, 27 août 2020.José Boisjoli, président et chef de la direction, et Sébastien Martel, chef de la direction financière, présenteront les résultats du deuxième trimestre de l’AF2021 et répondront aux questions des analystes à 9 h (HAE).Résultats du deuxième trimestre de l’AF2021Le communiqué de presse sera diffusé sur les fils de presse canadien et américain le jeudi 27 août, vers 6 h (HAE).Les médias sont autorisés à participer à l’appel, mais ne pourront poser de questions. Cette webdiffusion sera également retransmise en direct sur Internet ici et accessible aux médias et aux participants intéressés. Un enregistrement sera...

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Press Release Oncology Venture will offer new shares in exchange for previously annulled warrants as part of clean-up of remaining obligations incurred prior to former management departure

Hørsholm, Denmark, 21 August, 2020 – Oncology Venture A/S (Nasdaq First North Stockholm: OV.ST) (“OV” or the “Company”) today announces that it will offer 1,619,912 new shares, each with a subscription price of DKK 0.05, to a small number of recipients as part of the clean-up of outstanding incentive commitments and obligations made by prior management.The transaction concerns certain OV employees, board members, and consultants who were previous holders of warrants in Oncology Venture Sweden AB. As stated in the press release of 9 March, 2018, the previous warrant holders are entitled to receive warrants in Oncology Venture A/S in exchange for abstaining from exercising warrants in Oncology Venture Sweden AB in 2018 and accepting that the legacy warrants in Oncology Venture Sweden AB were annulled in connection with the merger with Oncology...

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