Day: September 29, 2020
CALGARY, Alberta, Sept. 29, 2020 (GLOBE NEWSWIRE) — Media Advisory – TC Energy Corporation (TSX, NYSE: TRP) (TC Energy) and Natural Law Energy (NLE) today announced they have signed a Memorandum of Understanding (MOU) for NLE to pursue an equity interest in the Keystone XL Project and other potential related midstream and power projects. This MOU exemplifies the strong commitment TC Energy and NLE have made to create a meaningful and significant long-term partnership. A final agreement between TC Energy and NLE is expected to be completed in the fourth quarter of 2020, formalizing NLE’s participation in the Keystone XL Project.“Today’s announcement is a testament to what we can accomplish when industry and Indigenous groups work together,” said Chief Alvin Francis, President of NLE. “This historic agreement is an important step...
Husky Completes Commissioning At Liuhua 29-1
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CALGARY, Alberta, Sept. 29, 2020 (GLOBE NEWSWIRE) — Husky Energy (TSX:HSE) today announced commissioning is complete at the third field at the Liwan Gas Project offshore China.As a result of strong cooperation between Husky and its long-time partner CNOOC, the seven-well Liuhua 29-1 project was completed safely, ahead of schedule and $100 million below budget despite the COVID-19 pandemic and associated global economic volatility. First gas is expected to be delivered to end users starting in early November.“The startup of Liuhua 29-1 just two years after the project was sanctioned is a significant milestone for Husky and CNOOC,” said CEO Rob Peabody. “This third field will provide Husky with additional stability in funds from operations.”The 29-1 field is tied into the existing infrastructure at Liwan, which includes the Liwan...
BCB Bancorp, Inc. Announces Sale and Leaseback of Corporate Offices
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BAYONNE, N.J., Sept. 29, 2020 (GLOBE NEWSWIRE) — BCB Bancorp, Inc. (the “Company”), (NASDAQ: BCBP), the holding company for BCB Community Bank (the “Bank”), today announced that the Bank completed the sale and leaseback of its corporate offices to a local investor group. The sale transaction consists of one city-block of property, located at 591-611 Avenue C in Bayonne, New Jersey, which includes the Company’s executive offices, a parking lot, and a bank branch (“the Property”). The Company anticipates to realize a pre-tax gain of approximately $4.4 million on the sale.In the lease transaction, the Bank will lease back the property for an initial term of seven years and will have four optional terms of five years each. The base annual rent will be $450,000, subject to annual rent increases of 2.5%. We expect to be able to offset...
Northview Apartment REIT Sale to Starlight and KingSett to Close the Week of November 2, 2020
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CALGARY, Alberta, Sept. 29, 2020 (GLOBE NEWSWIRE) — Northview Apartment Real Estate Investment Trust (“Northview”) (TSX: NVU.UN) today announced that its previously disclosed plan of arrangement with affiliates of Starlight Group Property Holdings Inc. (“Starlight”) and KingSett Capital Inc. (“KingSett”) (collectively, the “Purchasers”), pursuant to which the Purchasers will acquire Northview and unitholders will receive consideration of $36.25 per Northview trust unit (the “Transaction”), is scheduled to close the week of November 2, 2020.The Purchasers have waived material closing conditions, including consents from Canada Mortgage Housing Corporation and lenders. Northview has suspended its October distribution payable to unitholders, making the September 2020 distribution in the amount of $0.1358 per trust unit – payable on...
Catalyst Pharmaceuticals Announces Ruling on Lawsuit against the FDA and Intent to Appeal
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CORAL GABLES, Fla., Sept. 29, 2020 (GLOBE NEWSWIRE) — Catalyst Pharmaceuticals, Inc. (Catalyst) (Nasdaq: CPRX), today reported that the federal judge handling Catalyst’s case against the FDA has adopted the previously reported Report and Recommendation of the Magistrate Judge, granted summary judgment in favor of the FDA and Jacobus, and dismissed Catalyst’s case. Catalyst is currently reviewing the District Judge’s decision, which it believes to be erroneous, and intends to appeal the result to the Eleventh Circuit Court of Appeals.In the order, the District Judge found that Catalyst’s interpretation of the Orphan Drug Act “is not necessarily wrong, but it is not the only reasonable way to interpret the plain language of the statute.” The District Judge found that the relevant statutory language was ambiguous...
Bristow to continue delivering UK SAR helicopter service for HM Coastguard under extended contract
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Bristow received a contract extension until 31 December 2026 to provide search and rescue services for the Maritime and Coastguard Agency (MCA)The extension of the current contract allows Bristow to cost-effectively introduce new capabilities into the existing helicopter fleet and to explore technologies which may be of benefit in future contractsBristow will continue to provide support to HM Coastguard with a modern fleet of 11 AW189 and 10 S–92 SAR equipped aircraft at 10 strategic locations around the UKABERDEEN, Scotland, Sept. 29, 2020 (GLOBE NEWSWIRE) — Bristow Helicopters Limited has been awarded a contract extension to continue delivering UK search and rescue (SAR) helicopter service for HM Coastguard, the emergency response service of the Maritime and Coastguard Agency (MCA).Bristow will continue its role as a key...
AKVA group ASA: Buyback of own shares
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On 29 September 2020 AKVA group ASA (“AKVA group” or the “Company”) purchased 1,799 of its own shares under the buyback program announced by the Company on 29 September 2020. The shares were purchased at an average price of NOK 71.60.Following this transaction, the Company holds 179,682 of its own shares.Dated: 29 September 2020AKVA group ASAWeb: www.akvagroup.comCONTACTS:This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act
Saint Jean Carbon Announces Results of AGM and Off-Take Agreement
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OAKVILLE, Ontario, Sept. 29, 2020 (GLOBE NEWSWIRE) — Saint Jean Carbon Inc. (“Saint Jean” or the “Company”) (TSX-V: SJL) (OTCQB: TORVF) is pleased to announce that the shareholders of the Company elected four (4) directors: Dr. William Pfaffenberger, Dr. David Madill, Glen Nursey and V-Bond Lee at the Annual General and Special Meeting of the Shareholders held on Sept 28, 2020 (the “Meeting”).The Board of Directors has met and wishes to announce that William Pfaffenberger has been appointed President and Chairman of the Board. We would like to thank Mr. Douglas Windsor for his past service to the Company.The Board is also appointing Mr. Stewart Delion as the new Chief Operating Officer. Mr. Paul Ogilvie will continue in the position of CEO, until such time as an orderly transition has taken place. The Board has decided to have the...
Nasdaq to Hold Third Quarter 2020 Investor Conference Call
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NEW YORK, Sept. 29, 2020 (GLOBE NEWSWIRE) — Nasdaq (Nasdaq: NDAQ) has scheduled its Third Quarter 2020 financial results announcement.Senior management will be available for questions from the investment community following prepared remarks.All participants can access the conference via webcast through the Nasdaq Investor Relations website at: http://ir.nasdaq.com/. An audio replay of the conference will be available after the call on the Nasdaq Investor Relations website or by dialing 855-859-2056 (U.S.) or 404-537-3406 (International); Conference ID: 2938009.Note: The press release for the Third Quarter 2020 results will be posted on the Nasdaq Investor Relations website at http://ir.nasdaq.com/ on Wednesday, October 21, 2020 at approximately 7:00 AM Eastern.About Nasdaq:Nasdaq (Nasdaq: NDAQ) is a global technology company serving...
Pricing of CNH Industrial Capital LLC $500 million notes
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London, September 29, 2020CNH Industrial N.V. (NYSE: CNHI / MI: CNHI) today announced that its wholly owned subsidiary, CNH Industrial Capital LLC, has priced $500 million in aggregate principal amount of 1.875% notes due 2026, with an issue price of 99.761%. The offering is expected to close on October 6, 2020, subject to the satisfaction of customary closing conditions.CNH Industrial Capital LLC intends to add the net proceeds from the offering to its general funds and use them for working capital and other general corporate purposes, including, among other things, the purchase of receivables or other assets in the ordinary course of business. The net proceeds may also be applied to repay CNH Industrial Capital LLC’s indebtedness as it becomes due.The notes, which are senior unsecured obligations of CNH Industrial Capital LLC, will...