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Month: August 2020

River Valley Community Bank announces its Marysville Branch is now open; Hires Rosemary Daoust, SVP to lead community outreach effort

YUBA CITY, Calif., Aug. 04, 2020 (GLOBE NEWSWIRE) — River Valley Community Bancorp (OTC markets: RVCB) with its wholly owned subsidiary, River Valley Community Bank (collectively referred to as the “Bank”) is pleased to announce that it has opened its full service branch located at 904 B Street in Marysville CA.  Supporting this new branch, the bank has hired seasoned banking veteran Rosemary Daoust as Senior Vice President and Sr. Banking Officer to lead the bank’s business development and community outreach in Marysville and Yuba County.The bank had previously announced its intention to establish a full service bank branch in Marysville, which complements its existing coverage of the greater Yuba-Sutter market.  This new branch will better position the bank to provide a local banking option to Marysville and Yuba County and adds...

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Silver Mountain Mines Announces Private Placement

CALGARY, Alberta, Aug. 04, 2020 (GLOBE NEWSWIRE) — Silver Mountain Mines Inc. (TSX-V: SMM) (“Silver Mountain” or the “Company”) is pleased to announce a non-brokered private placement of up to 2,000,000 flow-through units (“Flow Through Unit”) at a price of $0.25 per unit and up to 500,000 Common Share Units (“Common Share Units”) at $0.25 per unit for total cash proceeds of up to $500,000 (the “Offering“).Each Flow-Through Unit consists of one common share of the Corporation to be issued on a flow-through basis (“Flow-Through Share“) and one (1) common share purchase warrant. Each common share purchase warrant (“Warrant“) entitles the holder to acquire, subject to adjustment, one Common Share at a price of $0.35 per share on or before 4:30 p.m. (Calgary time) on or before...

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MiMedx Files Second Quarter 2020 Form 10-Q

Second Quarter Net Sales of $53.6 millionResults Reflects Tight Cost Containment EffortsCompany to Host Shareholder Update Call on August 11, 2020MARIETTA, Ga., Aug. 04, 2020 (GLOBE NEWSWIRE) — MiMedx Group, Inc. (OTC PINK: MDXG) (“MiMedx” or the “Company”), an industry leader in advanced wound care and an emerging therapeutic biologics company, today announced the filing of its second quarter 2020 Form 10-Q for the period ended June 30, 2020.Peter M. Carlson, MiMedx Chief Financial Officer, said, “Our second quarter results demonstrate the effectiveness of the Company’s cost containment actions in offsetting the impact of the COVID-19 pandemic on sales. The business is operating efficiently, and we continue to review and refine our efforts to ensure effective product support and service for our customers, and access to our solutions...

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InfuSystem to Report Second Quarter 2020 Financial Results on Thursday, August 13, 2020

ROCHESTER HILLS, Michigan, Aug. 04, 2020 (GLOBE NEWSWIRE) — InfuSystem Holdings, Inc. (NYSE American: INFU), (“InfuSystem” or the “Company), a leading national health care service provider, facilitating outpatient care for durable medical equipment manufacturers and health care providers, today announced that it will issue second quarter 2020 financial results on Thursday, August 13, 2020, before the market opens.The Company will also conduct a conference call for all interested investors on Thursday, August 13, 2020, at 9:00 a.m. Eastern Time to discuss its financial results.To participate in this call, please dial (833) 366-1127 or (412) 902-6773, or listen via a live webcast, which is available in the Investors section of the Company’s website at https://ir.infusystem.com/.  A replay of the call will be available by visiting...

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Tabula Rasa HealthCare Reports Second Quarter 2020 Results

MOORESTOWN, N.J., Aug. 04, 2020 (GLOBE NEWSWIRE) — Tabula Rasa HealthCare, Inc. (“TRHC”) (NASDAQ:TRHC), a healthcare technology company advancing the field of medication safety, today reported financial results for the second quarter ended June 30, 2020.Second Quarter 2020 HighlightsTotal revenue of $76.8 million, which is within our guidance range of $76.0 million to $81.0 million for the second quarter of 2020, was up 1% as compared to the second quarter of 2019.Non-GAAP Adjusted EBITDA of $7.1 million, which is within our guidance range of $7.0 million to $9.0 million for the second quarter of 2020, declined as compared to $13.7 million for the same period in 2019, which marked a record high for any quarter in company history.Non-GAAP Adjusted Diluted EPS declined to $0.07 as compared to $0.35 during the same period in 2019.CareVention...

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Firm Capital American Realty Partners Trust Announces Information Regarding Annual and Special Meeting of Unitholders

TORONTO, Aug. 04, 2020 (GLOBE NEWSWIRE) — Firm Capital American Realty Partners Trust (the “Trust”), (TSXV: FCA.UN), (TSXV: FCA.U) is providing the following update regarding its upcoming annual and special meeting of unitholders (the “Meeting”) to be held on August 10, 2020 at 11:00 am.Given the current circumstances surrounding COVID-19, the location of the Meeting will be the Trust’s head office, located at 163 Cartwright Avenue, Toronto, Ontario, Canada M6A 1V5. The Trust will be strictly restricting physical access to the Meeting to registered unitholders and formally appointed proxyholders and will not be permitting any others (including beneficial unitholders that hold their trust units through a broker or other intermediary) to attend. The Trust intends to resume holding in-person meetings in subsequent years.The Trust strongly...

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Berry Corporation (bry) Reports Second Quarter 2020 Results; Achieved Significant Operating Expense Reductions; Added 2021 Oil Hedges

DALLAS, Aug. 04, 2020 (GLOBE NEWSWIRE) — Berry Corporation (bry) (NASDAQ: BRY) (“Berry” or the “Company”) today reported net loss of $65 million or $0.81 per diluted share and Adjusted Net Income(1) of $5 million or $0.06 per diluted share for the second quarter of 2020.Quarterly HighlightsKept all employees safe and maintained continuous operations while planning for continued COVID/oil demand uncertaintyReduced Unhedged OpEx 16% quarter over quarter through our cost-savings initiativeGenerated positive Levered Free Cash Flow(1); began building cash reserves as planned in JulyAchieved Adjusted EBITDA(1) of $57 million on strong hedge position and cost savingsEnhanced 2021 financial hedge portfolio at $46/Bbl Brent; currently over 75% of first half targeted oil production_______(1)   Please see “Non-GAAP Financial Measures and Reconciliations”...

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Delmar Bancorp to Change Name to Partners Bancorp

SALISBURY, Md., Aug. 04, 2020 (GLOBE NEWSWIRE) — Delmar Bancorp (NASDAQ: DBCP) (the “Company”), the parent company of The Bank of Delmarva (“Delmarva”), Seaford, Delaware, and Virginia Partners Bank (“Partners”), Fredericksburg, Virginia, today announced that its Board of Directors has approved changing the Company’s name to Partners Bancorp.  The Company’s stock trading symbol will change to “PTRS” effective August 19, 2020. The Company’s common stock will continue to be listed on NASDAQ and shareholders of the Company do not need to take any action at present in regards to the name change.  The CUSIP number for the Company’s common stock will change to 70213Q108 effective August 19, 2020. In announcing the Company’s name change, Lloyd B. Harrison, III, the Chief Executive Officer of the Company said, “As previously disclosed, effective...

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GCP Applied Technologies Appoints Craig A. Merrill as CFO

CAMBRIDGE, Mass., Aug. 04, 2020 (GLOBE NEWSWIRE) — GCP Applied Technologies Inc. (NYSE:GCP), a leading global provider of construction products technologies, today announced that Craig A. Merrill has been appointed as the Company’s permanent Chief Financial Officer, effective immediately. Mr. Merrill has served as GCP’s Interim CFO since October 2019.Randy Dearth, GCP’s President and Chief Executive Officer, said, “We are pleased to name Craig as our permanent CFO. I am confident that Craig is the right person to help us continue driving the positive changes we have achieved in GCP over the past year, and I look forward to continuing to work together to improve performance across our businesses and enhance value for our shareholders.”Mr. Merrill said, “I’m honored to be taking on the CFO role on a permanent basis. I look forward...

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National Research Corporation Announces Second Quarter and Year-To-Date 2020 Results

LINCOLN, Neb., Aug. 04, 2020 (GLOBE NEWSWIRE) — National Research Corporation (NASDAQ:NRC) today announced results for the second quarter of 2020.Revenue for the quarter ended June 30, 2020, was $31.2 million, compared to $31.4 million for the quarter ended June 30, 2019. Operating income was $9.3 million for the second quarter 2020 compared to $10.1 million for the same quarter 2019. In response to special circumstances among clients hard hit by COVID-19, we elected to provide uncompensated services which reduced revenue without a corresponding offset in expenses, thus impacting operating income. All such impacted clients have resumed compensated services as planned to date and many extended contract terms in recognition of the support provided by NRC Health resulting, we believe, in a stronger partnership. We salute all essential...

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