Month: August 2020

Albertans from Airdrie to Wood Buffalo can get Shaw’s fastest internet tier — Fibre+ Gig — along with an abundance of bandwidth and Western Canada’s best WiFi experience, all powered by Shaw’s Fibre+ network.Made possible by billions of dollars in network investments over several years, Shaw’s Fibre+ Gig is the largest deployment of gigabit download speeds for residential internet customers in Western Canada.CALGARY, Alberta, Aug. 14, 2020 (GLOBE NEWSWIRE) — Shaw Communications Inc. today announced that it has become Alberta’s first provincewide internet service provider to offer gigabit download speeds to 100 per cent of its residential customers, following years of investments to upgrade its Fibre+ network.By completing its latest network upgrade in rural Alberta, Shaw now delivers its fastest internet tier, Fibre+ Gig,...

TORONTO, Aug. 14, 2020 (GLOBE NEWSWIRE) — Golden Tag Resources Ltd. (“Golden Tag” or the “Company“) (TSX.V: GOG) is pleased to announce that the Company has closed the non-brokered private placement offering (the “Private Placement”, or “Financing”) announced on July 28, 2020. The Company issued 25,000,000 Units and the Financing was oversubscribed, for aggregate gross proceeds of $7.0 Million.  Mr. Eric Sprott, through 2176423 Ontario Ltd., a corporation beneficially controlled by him, subscribed for 42.8% or 10,700,550 Units in the Private Placement.Greg McKenzie, President and CEO commented, “We are pleased with the overwhelming support in this capital raise and are keen to move forward with the advancement of the Company’s 100% owned San Diego Project, as well as other strategic opportunities.  Our strong balance...

LAKEWOOD, N.J., Aug. 14, 2020 (GLOBE NEWSWIRE) — via NEWMEDIAWIRE — Reliance Global Group, Inc. (OTCQB: RELI) (“RELI” or the “Company”), today provided a business update for the second quarter of 2020.  The complete financials for the second quarter of 2020 have been filed with OTC Markets and are available at OTCMarkets.com.Ezra Beyman, CEO of Reliance Global Group, stated, “As previously announced, we achieved solid year-over-year growth for the second quarter of 2020, reflecting the strength of our insurance agencies, despite the impact of the pandemic.  These agencies are collectively generating positive cash flow on a standalone basis, which is reflected in the improvement in our cash flow from operations for the six months ended June 30, 2020 compared to the same period last year.  As we continue...

TORONTO, Aug. 14, 2020 (GLOBE NEWSWIRE) — Guardian Capital Group Limited (“Guardian”) (TSX:GCG) (TSX:GCG.A) and Agincourt Capital Management LLC (“Agincourt”) today announced that they have reached an agreement under which Guardian will acquire a significant majority interest in Agincourt, an investment management firm based in Richmond, Virginia, USA.Under the agreement, Guardian will acquire a 70% ownership interest in Agincourt.  The transaction is expected to close in Q4 2020, subject to certain regulatory and other approvals and customary closing conditions. Current owners of Agincourt will retain the remaining 30% ownership interest.The acquisition, which is expected to add almost $7 billion USD to Guardian’s assets under management, will further diversify the firm’s assets under management by geography...

OAK BROOK, Ill., Aug. 14, 2020 (GLOBE NEWSWIRE) — A. M. Castle & Co. (OTCQX: CTAM) (the “Company” or “Castle”), a global distributor of specialty metal and supply chain solutions, today reported its second quarter 2020 financial results.Second Quarter 2020 Financial Results Summary:Generated net sales of $84.7 million, a 33.3% decrease compared to $126.6 million in the previous quarter and a 42.7% decrease compared to $147.9 million in the second quarter of 2019.Reported an operating loss of $4.5 million, a decline of $2.5 million compared to $2.0 million in the previous quarter and a decline of $3.3 million compared to the same quarter last year.Reported a net loss of $4.1 million, which included $5.1 million of interest expense, of which $3.9 million was non-cash, compared to a net loss of $8.3 million...

HONG KONG, Aug. 14, 2020 (GLOBE NEWSWIRE) — Sky Solar Holdings, Ltd. (NASDAQ: SKYS) (“Sky Solar” or the “Company”), a global developer, owner and operator of solar parks, today announced that, on the application of the Company, on August 13, 2020 the Grand Court of the Cayman Islands (the “Cayman Islands Court”) discharged in its entirety and with immediate effect its July 30, 2020 order (the “Order”) that had been granted to Hudson Solar Cayman, LP.As previous announced, on July 30, 2020, the Cayman Islands Court, following an ex parte proceeding at which the Company did not appear, issued the Order to freeze certain of the Company’s assets and appoint three receivers to manage the affairs of Sky Solar Power, Ltd., an intermediate holding entity under the Company. The Order had also prohibited the Company from taking any steps...

CHARLOTTE, N.C., Aug. 14, 2020 (GLOBE NEWSWIRE) — STRONG Technical Services, Inc., a wholly-owned subsidiary of Ballantyne Strong, Inc. (NYSE American: BTN) and a leader in projection equipment sales, engineering, and services, introduces two new BrightNight products, Preview and Northview, to support exhibition and commercial portable entertainment.“The introduction of the BrightNight Preview and Northview products allow our customers to create an outdoor entertainment event with ease using STRONG Technical Services’ integrated technology, product, and support solutions,” said Blake Titman, Vice President and General Manager of STRONG Technical Services. “BrightNight Preview is a portable projection package that can even support live streaming. Northview is a complete portable screen package that can be custom manufactured in premium,...

CALGARY, Alberta, Aug. 14, 2020 (GLOBE NEWSWIRE) — Middlefield Group, on behalf of Sustainable Innovation & Health Dividend Fund (the “Fund”), is pleased to announce that the Fund has completed its initial public offering of 8,500,000 units at a price of $10.00 per unit for gross proceeds of $85 million. The units are listed on the Toronto Stock Exchange under the symbol SIH.UN.The Fund’s investment objectives are to provide holders of units with:(i)  stable monthly cash distributions, and(ii) enhanced long-term total return through capital appreciation of the Fund’s investment portfoliothrough a diversified, actively managed portfolio comprised primarily of dividend paying securities of global technology and healthcare companies, including initially those which the Advisor (as defined below) believes are positioned to benefit...

MCLEAN, Va., Aug. 14, 2020 (GLOBE NEWSWIRE) — Freddie Mac (OTCQB: FMCC) recently priced a new offering of Structured Pass-Through Certificates (K Certificates), which are backed by underlying collateral consisting of fixed-rate multifamily mortgages with predominantly 10-year terms. The company expects to issue approximately $1.2 billion in K Certificates (K-114 Certificates), which are expected to settle on or about August 20, 2020.K-114 PricingDetailsCo-Lead Managers and Joint Bookrunners: BofA Securities, Inc. and Cantor Fitzgerald & Co.Co-Managers: BMO Capital Markets Corp., Goldman Sachs and Co. LLC, Siebert Williams Shank & Co., LLC and Wells Fargo Securities, LLCRating Agencies: Fitch Ratings, Inc. and DBRS, Inc.Related LinksThe K-114 Preliminary Offering Circular Supplement: http://www.freddiemac.com/mbs/data/k114oc.pdf...