Altus Group Announces CEO Transition

Written by Customer Service on September 15, 2020. Posted in Public Companies.

TORONTO, Sept. 15, 2020 (GLOBE NEWSWIRE) — Altus Group Limited (“Altus Group” or “the Company”) (TSX: AIF) announced today the upcoming retirement of its Chief Executive Officer Robert Courteau and the appointment of his successor Michael Gordon, effective September 30, 2020. “Following the Board’s continuing succession planning, we are pleased to effect this executive transition at a time when the Company is generating steady and profitable growth with record earnings, underpinned by a strong balance sheet,” said Raymond Mikulich, Chairman of Altus Group. “We are delighted to welcome Mike Gordon as our new CEO to lead the Company’s next phase of growth and innovation at a pivotal time in the commercial real estate industry. His proven track record, leadership and expertise in global software and data analytics are well suited...

ERES REIT Declares September 2020 Monthly Distribution

Written by Customer Service on September 15, 2020. Posted in Public Companies.

TORONTO, Sept. 15, 2020 (GLOBE NEWSWIRE) — European Residential Real Estate Investment Trust (TSX: ERE.UN, “ERES”) is pleased to announce that the trustees of ERES have declared the September 2020 monthly cash distribution of €0.00875 per Unit and Class B LP Unit (the “September Distribution”), being equivalent to €0.105 per Unit annualized. The distribution will be payable to holders of the Units and Class B LP Units (the “Unitholders”) of record on September 30, 2020, with payment on October 15, 2020.

CAPREIT Announces September 2020 Distribution

Written by Customer Service on September 15, 2020. Posted in Public Companies.

TORONTO, Sept. 15, 2020 (GLOBE NEWSWIRE) — Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX – CAR.UN) announced today its September 2020 monthly distribution in the amount of $0.11500 per Unit (or $1.38 on an annualized basis). The September distribution will be payable on October 15, 2020 to Unitholders of record on September 30, 2020.To encourage participation and reward our loyal Unitholders, investors registered in our Distribution Reinvestment Plan will continue to receive an additional amount equal to 5% of their distributions paid in the form of additional Units.CAPREIT is one of Canada’s largest real estate investment trusts. CAPREIT owns approximately 56,700 suites and sites, including townhomes and manufactured housing sites, in Canada and indirectly through its investment in ERES, approximately...

Westport Fuel Systems Combines Businesses to Better Serve Growing Indian Market

Written by Customer Service on September 15, 2020. Posted in Public Companies.

VANCOUVER, British Columbia, Sept. 15, 2020 (GLOBE NEWSWIRE) — Westport Fuel Systems Inc. (“Westport Fuel Systems” or the “Company”) (TSX:WPRT / Nasdaq:WPRT) today announced that it has signed definitive agreements with its joint venture partner in India, UNO MINDA Group (“UNO MINDA” or the “Group”), to sell the assets of its wholly owned subsidiary Rohan BRC Gas Equipment Pvt. Ltd. to Minda Emer Technologies Ltd., a 50%/50% joint venture owned by Westport Fuel Systems and UNO MINDA.Rohan BRC Gas Equipment primarily manufactures and sells compressed natural gas (“CNG”) pressure reducers to automotive original equipment manufacturers (“OEMs”) and sells CNG conversion kits to the aftermarket under the “Rohan BRC” brand in India. Minda Emer Technologies primarily manufactures and sells CNG valves to automotive OEMs in India. Minda...

Qorvo Announces Pricing of $700 Million Senior Notes Offering

Written by Customer Service on September 15, 2020. Posted in Public Companies.

GREENSBORO, N.C., Sept. 15, 2020 (GLOBE NEWSWIRE) — Qorvo® (Nasdaq: QRVO), a leading provider of innovative RF solutions that connect the world, today announced the pricing of its offering of $700 million principal amount of its senior notes maturing in 2031 (the “Notes”). The Notes will pay interest semi-annually at a rate of 3.375%. The Notes will mature on April 1, 2031, unless earlier redeemed in accordance with their terms. Qorvo expects to close the sale of the Notes on or about September 29, 2020, subject to satisfaction of customary closing conditions.The Notes will be issued to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”), and to certain non-U.S. persons in accordance with Regulation S under the Securities Act....

Syneos Health Announces Secondary Offering of Common Stock

Written by Customer Service on September 15, 2020. Posted in Public Companies.

MORRISVILLE, N.C., Sept. 15, 2020 (GLOBE NEWSWIRE) — Syneos Health, Inc. (Nasdaq: SYNH) (the “Company” or “Syneos Health”), the only fully integrated biopharmaceutical solutions organization combining a CRO (Contract Research Organization) and a CCO (Contract Commercial Organization), today announced it commenced an underwritten secondary offering by affiliates of Thomas H. Lee Partners, L.P. and Advent International Corporation of 7,000,000 shares of the Company’s common stock (the “Offering”) pursuant to the Company’s shelf registration statement filed with the Securities and Exchange Commission (“SEC”). Syneos Health is not selling any shares and will not receive any proceeds from the sale of the shares by the selling stockholders in the Offering. The Company has agreed to repurchase from the underwriters approximately $30 million...

ECMOHO Announces Second Quarter 2020 Unaudited Financial Results

Written by Customer Service on September 15, 2020. Posted in Earnings Releases And Operating Results.

SHANGHAI, China, Sept. 15, 2020 (GLOBE NEWSWIRE) — ECMOHO Limited (Nasdaq: MOHO) (“ECMOHO” or the “Company”), a leading integrated solutions provider in the non-medical health and wellness market in China, today announced its unaudited financial results for the second quarter ended June 30, 2020.Second Quarter 2020 Financial HighlightsTotal net revenues were US$100.5 million, compared with US$87.5 million in the same quarter last year.Operating loss was US$3.2 million, compared with operating income of US$2.2 million in the same quarter last year.Non-GAAP operating loss was US$2.8 million, compared with Non-GAAP operating income of US$2.6 million in the same quarter last year.Net loss was US$4.5 million, compared with net income of US$1.4 million in the same quarter last year.Non-GAAP net loss was US$4.1 million, compared with net...

Kaspien Holdings Announces Second Quarter Results

Written by Customer Service on September 15, 2020. Posted in Earnings Releases And Operating Results.

SPOKANE VALLEY, Wash., Sept. 15, 2020 (GLOBE NEWSWIRE) — Kaspien Holdings Inc. (Nasdaq: KSPN) today reported financial results for its second quarter ended August 1, 2020.“The second quarter was a strong quarter for Kaspien. As consumers buy more of their goods online, brands are looking to expand their online operations. Kaspien has spent years building the expertise, strategies, software and services needed to create a prosperous online business, evolving from a third-party retailer to a software and tech-enabled services company. The strength of our second quarter results is a testament to the quality and performance of our offerings,” said Kunal Chopra, Kaspien Holdings Inc.’s Principal Executive Officer.“We ended the quarter with $62.7 million in platform Gross Merchandise Value (GMV), with nearly one-third of GMV from Kaspien’s...

Victoria Gold Corp. and Orion Mine Finance Announce C$50 Million Bought Deal Secondary Offering

Written by Customer Service on September 15, 2020. Posted in Public Companies.

Not for distribution to U.S. news wire services or dissemination in the United States.TORONTO, Sept. 15, 2020 (GLOBE NEWSWIRE) — Victoria Gold Corp. (TSX-VGCX) (“Victoria” or the “Company”) and Orion Mine Finance (“Orion” or the “Selling Shareholder”) jointly announce that they have entered into an agreement with a syndicate of underwriters led by BMO Capital Markets and CIBC Capital Markets (collectively, the “Underwriters”), under which the Underwriters have agreed to buy, on bought deal basis from the Selling Shareholder, 2,942,000 common shares (the “Common Shares”) at a price of C$17.00 per Common Share, for gross proceeds to Orion of approximately C$50 million (the “Offering”). Orion has granted the Underwriters an option, exercisable at the offering price for a period of 30 days following and including the closing of the...

Reflect Scientific Continues Record Revenue Stream

Written by Customer Service on September 15, 2020. Posted in Public Companies.

OREM, Utah, Sept. 15, 2020 (GLOBE NEWSWIRE) — Reflect Scientific, Inc. (Symbol:RSCF), a provider of diverse products and services for the biotechnology, pharmaceutical and transportation industries announces continued strong year over year revenue gains of 243%.Year over year gains of 243% were realized for the period ending June 30, 2020 vs June 30, 2019. Gains are attributed to an increased demand for solvent chillers used in the cannabis processing market and a surge in bio-pharmaceutical manufacturing requirements for blast freezing and custom low temperature freezing solutions. Mr. Boyce, CEO of Reflect, commented, “Our Cryometrix brand freezers have become recognized in the bio-pharmaceutical market as the go to solution for rapid, precise freezing of high value products. We are now making inroads into the international market...

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Day: September 15, 2020

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