Day: September 18, 2020
NASHVILLE, Tenn., Sept. 18, 2020 (GLOBE NEWSWIRE) — Healthcare Realty Trust Incorporated (NYSE: HR) today announced that it will redeem all of its outstanding 3.75% Senior Notes due 2023 (the “Notes”) in accordance with the terms of the indenture governing the Notes. The Company intends to use the net proceeds from the issuance of its 2.05% senior notes due 2031 to fund the redemption. The Company’s 2.05% senior notes due 2031 are expected to be issued on October 2, 2020, subject to customary closing conditions. The Company expects to record a charge in the fourth quarter of 2020 of approximately $21.5 million for early extinguishment of the Notes, which includes approximately $1.1 million of unamortized costs and discounts.The Company will redeem the Notes on October 18, 2020 (the “Redemption Date”) at a redemption price equal...
Healthcare Realty Trust Announces Pricing of $300 Million Senior Unsecured Notes
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NASHVILLE, Tenn., Sept. 18, 2020 (GLOBE NEWSWIRE) — Healthcare Realty Trust Incorporated (NYSE: HR) today announced that it has agreed to sell $300 million of 2.05% senior unsecured notes due March 2031 in an underwritten public offering. The notes were priced at 99.189% of the principal amount to yield 2.137% to maturity. Subject to customary closing conditions, the offering is expected to close on October 2, 2020.The estimated net proceeds from this offering are expected to be $294.8 million. The Company expects to use the net proceeds from the offering to redeem the Company’s 3.75% senior notes due 2023 and for other general corporate purposes, which may include payments toward the Company’s unsecured credit facility due 2023, its unsecured term loan due 2024, its unsecured term loan due 2026, and/or various mortgage...
Aben Resources Closes Private Placement
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VANCOUVER, British Columbia, Sept. 18, 2020 (GLOBE NEWSWIRE) — Aben Resources Ltd. (TSX-V: ABN) (OTCBB: ABNAF) (Frankfurt: E2L2) (the “Aben or the Company”) is pleased to announce it has closed a non-brokered private placement financing for total gross proceeds of CAD $153,499.94 (the “Placement”).The Company has allotted and issued 1,395,454 units (the “Units”) at a price of CAD $0.11 per Unit. Each Unit is comprised of one common share and one transferable warrant (the “Warrants”). Each Warrant will entitle the holder to purchase one additional common share for a period of two (2) years at a price of CAD $0.15 per share.In addition, the Company has paid finder’s fees of $1,540 and issued 14,000 finder’s warrants (the “Finders Warrants”) to an arm’s-length party. Each Finders Warrant is exercisable into one common share for a period...
New Millennium Announces Proposed Reverse Take-Over with Abaxx Technologies
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CALGARY, Alberta, Sept. 18, 2020 (GLOBE NEWSWIRE) — New Millennium Iron Corp. (the “Company” or “NML”) (TSX: NML) is pleased to announce, further to the previously announced reorganization with the Tata Steel Group, that it has arrived at an agreement with Abaxx Technologies Inc. (“Abaxx”) to enter into an business combination agreement (the “Agreement”). Under the terms of the Agreement, NML and Abaxx will effect a transaction that will result in a reverse takeover of NML by the shareholders of Abaxx (the “Transaction”) to ultimately form the resulting issuer (“Resulting Issuer”), subject to the terms and conditions outlined below. Upon completion of the Transaction, it is the intention of the parties that the Resulting Issuer will continue the business of Abaxx. The Resulting Issuer will apply to list on the TSX Venture Exchange...
FormFactor Announces Participation at Sidoti & Company Virtual 2020 Investor Conference
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LIVERMORE, Calif., Sept. 18, 2020 (GLOBE NEWSWIRE) — FormFactor, Inc. (Nasdaq:FORM) is pleased to announce its participation in the following investor conference:Sidoti & Company, LLC 2020 Investor ConferenceDate: September 24th, 2020Presentation Time: 12:15 pm EDTThe public is invited to listen to a live webcast of FormFactor’s presentation, which can be accessed from the investors’ section of the company’s website at www.formfactor.com. Replay of the webcast will also be available at www.formfactor.com.About FormFactor:FormFactor, Inc. (NASDAQ:FORM), is a leading provider of essential test and measurement technologies along the full IC life cycle – from inspection and metrology, characterization, modeling, reliability, and design de-bug, to qualification and production test. Semiconductor companies...
Elixxer Ltd. Announces Postponement of Annual and Special Meeting of Shareholders
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MONTRÉAL, Sept. 18, 2020 (GLOBE NEWSWIRE) — Elixxer Ltd. (“Elixxer” or the “Corporation”) (TSX-V: ELXR and OTC-QB: ELIXF) announces that it is postponing its annual and special meeting of shareholders (the “Meeting”). The Meeting had been scheduled for September 22, 2020. The Corporation intends to schedule a new date for the Meeting as soon as practicable. The Corporation will file an amended Management Information Circular (the “Circular”) on SEDAR in due course that will contain additional information that the Autorité des marchés financiers has requested to be included in the Circular in respect of certain matters to be considered at the Meeting. The Circular will also contain information on amended dates for proper submission of proxy voting instructions.About Elixxer Ltd. (www.elixxer.com)Elixxer is a Canadian public company...
Murphy USA announces donations to United Way and Murphy USA Charitable Foundation
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EL DORADO, Ark., Sept. 18, 2020 (GLOBE NEWSWIRE) — Murphy USA kicked off its Home Office 2020 United Way campaign this week generating record employee pledges in excess of $375,000. With the Company’s match, the total donation of $750,000 will support Union County United Way organizations, all of which had anticipated the need for greater support due to the impacts of COVID-19 on their local communities. Separately, the Company announced a $10 million gift to the Murphy USA Charitable Foundation which will continue to support positive changes in our local communities with an emphasis on El Dorado and Southern Arkansas. The Foundation funds the Company’s matching gifts, including United Way, as well as sponsorships like Murphy USA’s national partnership with Boys and Girls Club of America, where customers in 2020 have already rounded...
ERES REIT Announces Acquisition Of €26.25MM Multi-Residential 5-Property Portfolio
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TORONTO, Sept. 18, 2020 (GLOBE NEWSWIRE) — European Residential Real Estate Investment Trust (TSX:ERE.UN, “ERES” or the “REIT”) announced today that it has entered into an agreement to acquire a multi-residential portfolio of five properties located in the Netherlands (the “Kairos Portfolio”). The Kairos Portfolio is comprised of 113 residential suites and 98 parking units across the five properties, which each are 100% owned and currently 99.1% occupied. Approximately 87% of the residential suites are liberalized with a net average monthly rent of €912 per suite.
LexaGene Engages Tailwinds Research Group
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BEVERLY, Mass., Sept. 18, 2020 (GLOBE NEWSWIRE) — LexaGene Holdings, Inc., (TSX-V: LXG; OTCQB: LXXGF) (the “Company”), a molecular diagnostics company that develops fully automated rapid pathogen detection systems, is pleased to announce it has engaged Tailwinds Research Group to provide digital content distribution for the Company.LexaGene engaged Tailwinds for a 1-year term, at $2,500/month USD with 100,000 stock options provided at $0.88 CAD/option.In addition, LexaGene granted a non-executive Director 350,000 options at $0.66 CAD/option to replace options priced at $0.33 CAD/option that had expired on June 27, 2020. LexaGene also granted a second non-executive Director 170,000 restricted share units (RSUs) to replace an equal number of RSUs that expired on September 12, 2020.To be added to the LexaGene email list, please subscribe...
Avista Comments on its Investigation of Wildfires in its Region Following the Labor Day Windstorm
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SPOKANE, Wash., Sept. 18, 2020 (GLOBE NEWSWIRE) — In response to inquiries about the wildfires in its region, Avista (NYSE: AVA) today announced the initial findings from its investigations.Avista’s investigation has determined that the primary cause of the fires in its region was extreme high winds, a weather event that triggered wildfires and affected electric utilities throughout the Pacific Northwest. To date, the Company has not found any evidence that the fires were caused by any deficiencies in its equipment, maintenance activities or vegetation management practices, although it has become aware of instances where, during the course of the storm, otherwise healthy trees and limbs, located in areas outside its maintenance right-of-way, broke under the extraordinary wind conditions and caused damage to its energy delivery system....