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Month: August 2020

Vistas Media Acquisition Company Inc., Led by F. Jacob Cherian and Co-Founders Abhayanand Singh and Saurabh Gupta, Announces the Separate Trading of its Class A Common Stock and Warrants, Commencing on or about August 21, 2020

New York, NY, Aug. 18, 2020 (GLOBE NEWSWIRE) — Vistas Media Acquisition Company Inc. (the “Company”) today announced that holders of the units sold in the Company’s initial public offering of 10,000,000 units completed on August 11, 2020 (the “offering”) may elect to separately trade the shares of Class A common stock and warrants included in the units commencing on or about August 21, 2020. Any units not separated will continue to trade on The Nasdaq Stock Market LLC under the symbol “VMACU”, and each of the shares of Class A common stock and warrants will separately trade on The Nasdaq Stock Market LLC under the symbols “VMAC” and “VMACW,” respectively. Holders of units will need to have their brokers contact Continental Stock Transfer & Trust Company, the Company’s transfer agent, in order to separate the units into shares...

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Premier Health Reports a 66% Increase in Revenue for First 9 Months of FY2020

MONTREAL, Aug. 18, 2020 (GLOBE NEWSWIRE) — Premier Health of America Inc. (formerly known as Physinorth Acquisition Corporation Inc.) (TSXV: PHA) (the “Corporation”), a leading Canadian Healthtech company, announces it has filed its interim consolidated financial statements and interim MD&A for its fiscal third quarter ended June 30, 2020.SummaryThe 66% increase in revenue is attributable to long-term contract renewal, recent changes in Quebec legislation, and increased number of hours billed due to COVID-19.The increase in the average gross margin to 25.7% from 20.3% resulted from a more efficient geographical allocation of resources.The EBITDA increased by 230% to $1,706,567.The Corporation announced an important acquisition subsequently to the June 30, 2020 results.“Our financial results exceeded our expectations again this...

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Mercury Systems Awarded Patent for Cyberattack Protection Technology

ANDOVER, Mass., Aug. 18, 2020 (GLOBE NEWSWIRE) — Mercury Systems, Inc. (NASDAQ: MRCY, www.mrcy.com), a leader in trusted, secure mission-critical technologies for aerospace and defense, announced the receipt of a new U.S. patent covering various methods to protect controller area network (CAN)-based systems from malicious cyberattacks. This new patent adds to Mercury’s intellectual property portfolio of more than 80 issued patents.A wide range of applications and market segments utilize CAN-based systems, such as electronic control units (ECU) in automotive electronics or avionics. When these systems are interconnected, cyberattacks may potentially compromise them, leading to financial loss or even safety issues. Mercury’s Broadcast Bus Frame Filter protects ECUs against hacking attempts with zero latency and can be used with any...

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KLX Energy Services Announces Fiscal 2020 Second Quarter Earnings Release and Conference Call Schedule

HOUSTON, Aug. 18, 2020 (GLOBE NEWSWIRE) — KLX Energy Services Holdings, Inc. (“KLXE” or the “Company”) (NASDAQ: KLXE) announced today that it will release its fiscal second quarter 2020 financial results on Wednesday, September 2, 2020 after the market closes.  In conjunction with the release, the Company has scheduled a conference call, which will also be broadcast live over the Internet, on Thursday, September 3, 2020 at 10:00 a.m. Eastern Time (9:00 a.m. Central Time).For those who cannot listen to the live call, a replay will be available through September 10, 2020 and may be accessed by dialing 1-201-612-7415 and using passcode 13708491#.  Also, an archive of the webcast will be available shortly after the call at https://investor.klxenergy.com/events-and-presentations/events for 90 days.About KLX Energy ServicesKLX Energy...

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La-Z-Boy Reports Fiscal 2021 First-Quarter Results

MONROE, Mich., Aug. 18, 2020 (GLOBE NEWSWIRE) — La-Z-Boy Incorporated (NYSE: LZB), a global leader in residential furniture, today reported its operating results for the fiscal 2021 first quarter ended July 25, 2020.Fiscal 2021 first quarter versus Fiscal 2020 first quarter:•  Consolidated sales decreased 31.0% to $285.5 million, reflecting ongoing COVID-19 impact•  Written same-store sales for the entire La-Z-Boy Furniture Galleries® network increased 14.8%•  Consolidated operating margin:GAAP: 1.5% versus 5.7%Non-GAAP(1): 3.1% versus 6.3%•  Wholesale(2): 9.4% versus 9.5%•  Retail: (6.8)% versus 6.0%•  Net income attributable to La-Z-Boy Incorporated per diluted share (“EPS”):GAAP:  $0.10 versus $0.38Non-GAAP(1): $0.18 versus $0.42•  Cash generated from operating activities was $106.3 million•  Cash(3) was $336.7 million at quarter...

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Duluth Holdings Inc. to Report Second Quarter 2020 Financial Results on September 3

MOUNT HOREB, Wis., Aug. 18, 2020 (GLOBE NEWSWIRE) — Duluth Holdings Inc. (dba, Duluth Trading Company) (“Duluth Trading”) (NASDAQ: DLTH), a lifestyle brand of men’s and women’s casual wear, workwear and accessories, today announced that it will report second quarter fiscal year 2020 financial results before market on Thursday, September 3, 2020.A conference call and audio webcast with analysts and investors will be held on Thursday, September 3, 2020 at 9:30 am Eastern Time, to discuss the results and answer questions.Live conference call: 844-875-6915 (domestic) or 412-317-6711 (international)Conference call replay available through September 17, 2020: 877-344-7529 (domestic) or 412-317-0088 (international)Replay access code: 10147470Live and archived webcast: ir.duluthtrading.comTo  expedite entry into the call and avoid the need...

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Cleartronic, Inc. (CLRI) Comments on Third Quarter Results; Generates $1,319,152 in Revenue

BOCA RATON, Fla., Aug. 18, 2020 (GLOBE NEWSWIRE) — Cleartronic, Inc. (CLRI:OTCPINK) released its Third Quarter financial statements on Friday, August 14, 2020.  The Company showed continued growth in revenue, gross profit and EBITDA, despite the effects of COVID on the nation’s and the world’s economy. The Company reported revenue for the nine months ended June 30, 2020 of $1,319,152, increased by 58% over the revenue reported for the nine months ended June 30, 2019.  Primarily, the revenues increased due to continued growth in licensing of the Company’s ReadyOp software.  Gross Profit for the nine months increased 52%.  And, the Company reported EBITDA of $200,692 for this nine month period versus a loss of $182,842 in the same period last year.“We are very pleased to report these results,” said Larry Reid, the Company’s Chief...

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Aurcana Announces Name Change and Continuation Into British Columbia

VANCOUVER, British Columbia, Aug. 18, 2020 (GLOBE NEWSWIRE) — AURCANA CORPORATION (“Aurcana” or the “Company“) (TSXV: AUN) is pleased to announce that effective at the open of trading on August 24, 2020 it will be changing its name to Aurcana Silver Corporation. Concurrently with the change of name, Aurcana will be continuing its incorporation into the Province of British Columbia. Aurcana’s trading symbol will be unchanged as AUN and the new CUSIP number is 051918803.The change in name and the continuation were both previously approved by shareholders of Aurcana pursuant to special resolutions passed at an annual general and special meeting of Aurcana held on June 27, 2017. Common share certificates bearing the previous company name “Aurcana Corporation” continue to be valid in the settlement of trades in...

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CORRECTING and REPLACING – Crazy Woman Creek Bancorp Completes Share Repurchase in Conjunction with $2.0 Million Subordinated Note Offering

BUFFALO, Wyo., Aug. 18, 2020 (GLOBE NEWSWIRE) — In a release issued earlier today under the same headline by Crazy Woman Creek  Bancorp, Inc. (OTCPink:CRZY), please note in the second paragraph, “The transaction is expected to increase book value per share by approximately $4.15,” should be, “The transaction is expected to increase book value per share by approximately $1.57.” Complete corrected text follows:Crazy Woman Creek  Bancorp, Inc. (OTCPink:CRZY), the wholly owned subsidiary of Buffalo Federal Bank, today announced the completion of its private placement of $2.0 million of 5.0% fixed-to-floating rate subordinated notes due 2030 (the “Note”) to a Wyoming bank. The Note will initially bear a fixed interest rate of 5.0% per year for five years and then reset quarterly to the three-month SOFR rate, plus...

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Hydromer as the Exclusive Coatings Partner for N8 Announces the CeraShield Coating Has Demonstrated the Ability to Inhibit and Reduce the Growth of COVID-19 Virus on Tube Surfaces

Concord, NC, Aug. 18, 2020 (GLOBE NEWSWIRE) — via NEWMEDIAWIRE — Hydromer Incorporated (OTC:HYDI) or “the Company” announced today, as the exclusive coatings supplier and manufacturing partner for N8 Medical’s CeraShield™ coated endotracheal tubes, that the CeraShield™ coating has in recent testing demonstrated the ability to inhibit and reduce the growth of COVID-19 virus on tube surfaces. The testing showed statistically significant reduction in the growth of COVID-19 virus on the tube surface in 60 minutes. Ordinary uncoated endotracheal tubes either allowed increased virus growth or had no inhibitory effect. A clinical study is being planned by N8 Medical’s team.Ronald Bracken, President and Chief Operating Officer of N8 Medical, said, “Recent COVID-19 research has shown that the virus is able to adhere to plastic surfaces...

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