Month: August 2020

Medical professionals in the country have made everyone proud. In testing times like today, it is only the expert professionals who have stood strong and have fought against the unforeseen pandemic. The medical profession is respected across the world and every professional needs to invest in the growth of the business. Like any other business owner, even medical professionals strive to take their practice to new heights and it can be possible with a Hero FinCorp doctor loan. The loan is specially designed to meet the changing situation across the country. It is only available for medical professionals and has a high loan amount. Hero FinCorp is one of the most trusted names in the industry. The lender has a strong presence across the length and breadth of the country. They strive to help individuals in distress and offer several loan...

Allied Market Research published a report, titled, “U.S. Surplus Lines Insurance Market by Coverage (General Business Liability Insurance, Allied Lines Insurance, Fire Insurance, Inland Marine Insurance, Commercial Multi-Peril Insurance, Commercial Auto Insurance, and Others), Distribution Model (Retail Agents, Wholesalers, and Others), and Application (Commercial and Personal): Country Opportunity Analysis and Industry Forecast, 2020–2027.” According to the report, the U.S. surplus lines insurance market garnered $52.15 billion in 2019, and is expected to generate $125.92 billion by 2027, witnessing a CAGR of 15.2% from 2020 to 2027. Drivers, Restraints, and Opportunities Increase in number of large corporations, rise of underwriting divisions, and surge in mergers & acquisitions drive the growth of the U.S. surplus lines...

VANCOUVER, British Columbia, Aug. 07, 2020 (GLOBE NEWSWIRE) — Diversified Royalty Corp. (TSX: DIV and DIV.DB) (the “Corporation” or “DIV”) is pleased to announce its financial results for the three months ended June 30, 2020 (“Q2 2020”) and six months ended June 30, 2020.HighlightsRevenue of $6.3 million and adjusted revenue of $7.5 million for Q2 2020.Completed closing of $9 million senior credit facility on April 27, 2020, which was used to partially refinance the acquisition of the trademarks and certain other intellectual property rights (the “Oxford Rights”) utilized by Oxford Learning Centres, Inc. (“Oxford”) in its franchised supplemental education service business.Second Quarter ResultsIn Q2 2020, DIV generated $6.3 million of revenue compared to $7.5 million in the three months ended June 30, 2019 (“Q2 2019”). After taking...

HAMILTON, Bermuda, Aug. 07, 2020 (GLOBE NEWSWIRE) — TransAtlantic Petroleum Ltd. (TSX: TNP) (NYSE American: TAT) (the “Company” or “TransAtlantic”) today announced that the Company has entered into an Agreement and Plan of Merger and a Loan and Security Agreement.Agreement and Plan of MergerOn August 7, 2020, the Company entered into an Agreement and Plan of Merger (the “Merger Agreement”), by and among the Company, TAT Holdco LLC, a Texas limited liability company (“Parent”) controlled by a group of holders (the “Preferred Shareholder Group”) representing 100% of the Company’s outstanding 12.0% Series A Convertible Redeemable Preferred Shares (the “Series A Preferred Shares”), and TAT Merger Sub LLC, a Texas limited liability company and wholly-owned subsidiary of Parent (“Merger Sub”), pursuant to which the Company will merge...

Strategic plan reducing and optimizing brick/mortar network of stores substantially complete as investment in e-commerce continues to growQ1 results negatively impacted by temporary closure of retail stores due to COVID-19As of August 2020, nearly all stores re-opened and agreements reached with landlords regarding COVID-19 rent obligationsMONTRÉAL, Aug. 07, 2020 (GLOBE NEWSWIRE) — Le Château Inc. (TSX VENTURE: CTU), a leading Canadian specialty retailer and manufacturer, today reported its financial results for the first quarter ended April 25, 2020, in the context of the COVID-19 pandemic.“With the growing importance of e-commerce, we implemented a shift in strategy over five years ago by investing in our e-commerce platform, while significantly reducing our store network over that same period of time by almost 50% from 243 stores...

Mise en œuvre presque entièrement achevée du plan stratégique visant à réduire le réseau de vente au détail traditionnelle alors que les investissements dans le commerce électronique continuent d’augmenterLes résultats du premier trimestre ont subi l’incidence défavorable de la fermeture temporaire des magasins de vente au détail en raison de la COVID-19En date d’août 2020, presque tous les magasins ont rouvert leurs portes et des ententes ont été conclues avec les locateurs à l’égard de nos obligations locatives dans le contexte de la COVID-19MONTRÉAL, 07 août 2020 (GLOBE NEWSWIRE) — Le Château Inc. (TSX-CROISSANCE : CTU), un fabricant et détaillant spécialisé de vêtements chef de file au Canada, a annoncé aujourd’hui ses résultats financiers pour le premier trimestre clos le 25 avril 2020, dans le contexte de la pandémie de COVID-19.« En...

EL SEGUNDO, Calif., Aug. 07, 2020 (GLOBE NEWSWIRE) — The U.S. Air Force selected United Launch Alliance (ULA) as one of two launch service providers under the National Security Space Launch Phase 2 Launch Services Procurement (LSP). Aerojet Rocketdyne will provide two RL10 rocket engines to power the upper stage of ULA’s Vulcan Centaur launch vehicle, as well as the thrusters that control the stage while in flight and the composite overwrapped pressure vessels that store gases required for operation of the launch vehicle.“Aerojet Rocketdyne congratulates ULA on its selection and we look forward to providing our highly reliable RL10 engine on the Vulcan,” said Eileen P. Drake, Aerojet Rocketdyne CEO and president. “Aerojet Rocketdyne has supported the nation’s most important national security space missions for decades. We will now...

TORONTO, Aug. 07, 2020 (GLOBE NEWSWIRE) — In accordance with regulatory requirements, Dundee Corporation (TSX: DC.A) (“Dundee”) announces that its wholly owned subsidiary, Dundee Resources Limited, has acquired 18,750,000 units (“Units”) of Reunion Gold Corporation (the “Issuer”) at the price of $0.08 each for aggregate consideration of $1,500,000.  Each Unit consists of one common share (“Share”) and one-half of one share purchase warrant (each whole warrant, a “Warrant”) in the capital of the Issuer.  Each Warrant is exercisable for the purchase of one Share at a price of $0.12 for a period of 24 months.  Additionally, an affiliate of Dundee acquired 1,677,000 finder’s warrants having the same terms as the Warrants.Immediately prior to the acquisition of securities described in this news release, Dundee and its affiliates owned...

VANCOUVER, British Columbia, Aug. 07, 2020 (GLOBE NEWSWIRE) — K2 Gold Corporation (“K2” or the “Company”) (TSX-V: KTO; OTCQB: KTGDF; FRANKFURT: 23K) is pleased to report that it has identified a large magnetic anomaly on the Mojave gold project (“Mojave”) in Inyo County, California following an 8.3 km2 ground magnetic survey. The magnetic survey was focused on the gold-rich Eastern Target area covering the East, Newmont, Central, and Dragonfly target areas. In addition to the geophysical survey K2 completed a 72 km2 LiDAR topographic survey.Please CLICK HERE to view all figures related to this news release.Ground Magnetic SurveyAn 8.3 km2 ground magnetic survey was completed on the gold-rich Eastern Target area covering the East, Newmont, and Dragonfly target areas of Mojave. The data is being used in concert with available geochemical,...

SHANGHAI, China, Aug. 07, 2020 (GLOBE NEWSWIRE) — 360 Finance, Inc. (NASDAQ: QFIN) (“360 Finance” or the “Company”), a leading digital consumer finance platform, today announced that it will hold an extraordinary general meeting of shareholders (the “EGM”) at 7/F Lujiazui Finance Plaza, No. 1217 Dongfang Road, Pudong New Area, Shanghai 200122, People’s Republic of China, on September 15, 2020 at 9:00 a.m. (Beijing time).The purpose of the EGM is for the Company’s shareholders to consider, and if thought fit, approve the change of the Company’s legal name from “360 Finance, Inc.” to “360 DigiTech, Inc.” The proposed name change will not affect any rights of shareholders or the Company’s operations and financial position. “360 Finance was founded on the belief that we should enable financial institutions to provide better and targeted...