Patagonia Provides Update on Extension to File Q2 2020 Financial Statements and MD&A

Written by Customer Service on September 25, 2020. Posted in Public Companies.

VANCOUVER, British Columbia, Sept. 25, 2020 (GLOBE NEWSWIRE) — Patagonia Gold Corp. (“Patagonia” or the “Company”) (TSXV: PGDC) announces that it continues to rely on the temporary blanket relief for market participants from certain regulatory filings as a result of COVID-19, pursuant to BC Instrument 51-517 – Temporary Exemption from Certain Corporate Finance Requirements with Deadlines during the Period from June 2 to August 31, 2020. This blanket relief provides the Company with a 45-day extension to file its financial statements and management’s discussion and analysis for the period ended June 30, 2020 (the “Q2 Filings”). Patagonia expects to file the Q2 Filings on or before October 15, 2020.The Company confirms that, other than entering into the definitive option agreement to acquire the Mina Angela Property (as disclosed...

Medcolcanna Organics Announces Final Approval for Listing of Common Shares on the NEO Exchange

Written by Customer Service on September 25, 2020. Posted in Public Companies.

BOGOTÁ, Colombia, Sept. 25, 2020 (GLOBE NEWSWIRE) — Medcolcanna Organics Inc. (“Medcolcanna”, “MCCN” or the “Company”) (TSXV: MCCN), a Canadian integrated medical cannabis company with operations in Colombia, is pleased to announce that it has received final approval to have the common shares of the Company (“Common Shares”) listed on Neo Exchange Inc. (the “NEO Exchange”). Consequently, the Company has also submitted a request to the TSX Venture Exchange (the “TSXV”) to voluntarily delist the Common Shares from the TSXV. The Company anticipates the delisting of the Common Shares from the TSXV and the subsequent listing of the Common Shares on the NEO Exchange to occur on or about the week of October 12th, 2020, subject to satisfaction of customary conditions by the NEO Exchange and the TSXV. Company Management is excited with the...

Canadian Metals Announces Private Placement and Appointment of New Directors

Written by Customer Service on September 25, 2020. Posted in Public Companies.

MONTREAL, Sept. 25, 2020 (GLOBE NEWSWIRE) — Canadian Metals Inc. (“CME” or the “Corporation”) (CSE: CME) is pleased to announce that it will conduct a non-private placement (the “Private Placement”), pursuant to which it will issue up to an aggregate of 5,000,000 units (each, a “Unit”) at a price of $0.08 per Unit for gross proceeds of up to $400,000.Each Unit will be comprised of one common share in the capital of the Corporation (each, a “Share”) and one non-transferable share purchase warrant (each, a “Warrant”). Each Warrant will entitle the holder to purchase one additional Share in the capital of the Corporation (each, a “Warrant Share”) for a period of 24 months from the closing date at an exercise price of $0.15. Insiders may participate in the Private Placement.All securities issued in respect of the Private Placement will...

Ebang International Holdings Inc. Reports Unaudited Financial Results for The First Six Months of Fiscal Year 2020

Written by Customer Service on September 25, 2020. Posted in Public Companies.

HANGZHOU, China, Sept. 25, 2020 (GLOBE NEWSWIRE) — Ebang International Holdings Inc. (Nasdaq: EBON, the “Company,” “we” or “our”), a leading application-specific integrated circuit (“ASIC”) chip design company and a leading manufacturer of high-performance Bitcoin mining machines, today announced its unaudited financial results for the first six months of fiscal year 2020.Operational and Financial Highlights for the First Six Months of Fiscal Year 2020Total computing power sold in the first six months of 2020 was 0.25 million Thash/s, representing a year-over-year decrease of 86.02% from 1.82 million Thash/s in the same period of 2019.Total net revenues in the first six months of 2020 were US$11.04 million, representing a 50.60% year-over-year decrease from US$22.35 million in the same period of 2019.Gross loss in the first six...

Asta Funding, Inc. Receives Stockholder Approval for Going-Private Transaction

Written by Customer Service on September 25, 2020. Posted in Public Companies.

ENGLEWOOD CLIFFS, N.J., Sept. 25, 2020 (GLOBE NEWSWIRE) — Asta Funding, Inc. (NASDAQ: ASFI) (“Asta” or the “Company”) announced that at a virtual special meeting of stockholders held earlier today, the Company’s stockholders voted to adopt the merger agreement pursuant to which the Company would become a wholly-owned subsidiary of Asta Finance Acquisition Inc. (the “Merger”). The transaction was previously announced on April 8, 2020.Approximately six million shares voted at the special meeting were voted in favor of the proposal to adopt the merger agreement, representing over 91% of the outstanding shares of Asta’s common stock entitled to vote at the special meeting. Such approval also represented the approval of the Merger by an affirmative vote of the majority of the minority stockholders, which includes stockholders other than...

UPDATED: Potbelly Corporation Appoints Adam Noyes as Chief Operations Officer

Written by Customer Service on September 25, 2020. Posted in Public Companies.

CHICAGO, Sept. 25, 2020 (GLOBE NEWSWIRE) — Please replace the release (dated September 1, 2020) with the following updated version to incorporate the description of Mr. Noyes’s inducement grant.Potbelly Corporation (NASDAQ: PBPB), the iconic neighborhood sandwich shop, announced on September 1, 2020 the appointment of Adam Noyes as the Company’s Chief Operations Officer (“COO”) effective as of August 28, 2020. The new COO position will assume the responsibilities of the Company’s prior Chief Restaurant Operations Officer (“CROO”) position, which will be vacated on September 4, 2020. In this leadership position, Mr. Noyes will focus on staffing, training and developing Potbelly’s most important resource – its people. His emphasis will be delivering overall customer experiences that bring people back again and again. He will concentrate...

NETSOL Technologies Reschedules Fourth Quarter and Full Year 2020 Conference Call to Monday, September 28 at 9:00 a.m. ET

Written by Customer Service on September 25, 2020. Posted in Public Companies.

CALABASAS, Calif., Sept. 25, 2020 (GLOBE NEWSWIRE) — NETSOL Technologies, Inc. (Nasdaq: NTWK), a global business services and enterprise application solutions provider, today announced that it has rescheduled its fiscal fourth quarter and full year 2020 conference call, which was previously scheduled for Thursday, September 24, 2020, to Monday, September 28 at 9:00 a.m. Eastern time (6:00 a.m. Pacific time). During the call, the Company will discuss its results for the fiscal fourth quarter and full year ended June 30, 2020. Financial results will be issued in a press release prior to the call.NETSOL management will host the presentation, followed by a question and answer period.Date: Monday, September 28, 2020Time: 9:00 a.m. Eastern time (6:00 a.m. Pacific time)U.S. dial-in: 1-877-407-0789International dial-in: 1-201-689-8562Please...

Globus Maritime Limited Reports Financial Results for the Quarter and Six-Month Period Ended June 30, 2020

Written by Customer Service on September 25, 2020. Posted in Public Companies.

GLYFADA, Greece, Sept. 25, 2020 (GLOBE NEWSWIRE) — Globus Maritime Limited (“Globus,” the “Company,” “we,” or “our”) (NASDAQ: GLBS), a dry bulk shipping company, today reported its unaudited consolidated operating and financial results for the six-month period ended June 30, 2020.Financial HighlightsCurrent Fleet ProfileAs of the date of this press release, Globus’ subsidiaries own and operate five dry bulk carriers, consisting of four Supramax and one Panamax.Current Fleet DeploymentAll our vessels are currently operating on short-term time charters (“on spot”).Management CommentaryIt was at this time that we successfully tapped the capital markets and completed offerings and private placements, raising significant capital. We also initiated discussions for debt financing to support potential vessel acquisitions, when and if we...

Usio Announces Closing of $8 Million Underwritten Public Offering

Written by Customer Service on September 25, 2020. Posted in Public Companies.

SAN ANTONIO, Sept. 25, 2020 (GLOBE NEWSWIRE) — Usio, Inc. (Nasdaq: USIO), an integrated electronic payment solutions provider, today announced the closing of an underwritten public offering of common stock for gross proceeds of approximately $8 million, prior to deducting underwriting discounts and commissions and offering expenses payable by Usio.The offering was comprised of shares of common stock priced at a public offering price of $1.70 per share.Ladenburg Thalmann & Co. Inc. is acting as sole book-running manager in connection with the offering. Barrington Research Associates, Inc. is acting as co-manager in the offering.A total of 4,705,883 shares of common stock were issued in the offering. In addition, the Company has granted the underwriters a 45-day option to purchase up to an additional 705,882 shares of common...

Rattler Midstream LP, a Subsidiary of Diamondback Energy, Inc., Schedules Third Quarter 2020 Conference Call for November 5, 2020

Written by Customer Service on September 25, 2020. Posted in Public Companies.

MIDLAND, Texas, Sept. 25, 2020 (GLOBE NEWSWIRE) — Rattler Midstream LP (NASDAQ: RTLR) (“Rattler”), a subsidiary of Diamondback Energy, Inc. (NASDAQ: FANG) (“Diamondback”), today announced that it plans to release third quarter 2020 financial results on November 4, 2020 after the market closes.In connection with the earnings release, Rattler will host a conference call and webcast for investors and analysts to discuss its results for the third quarter of 2020 on Thursday, November 5, 2020 at 9:00 a.m. CT. Participants should call (877) 288-2756 (United States/Canada) or (470) 495-9481 (International) and use the confirmation code 4374698. A telephonic replay will be available from 12:00 p.m. CT on Thursday, November 5, 2020 through Thursday, November 12, 2020 at 12:00 p.m. CT. To access the replay, call (855) 859-2056 (United States/Canada)...

Day: September 25, 2020

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