Day: September 30, 2020
HOUSTON, Sept. 30, 2020 (GLOBE NEWSWIRE) — VAALCO Energy, Inc. (NYSE: EGY; LSE: EGY) (“VAALCO” or the “Company”) today announced that in connection with planning for future drilling programs at the Etame Marin block offshore Gabon, it will begin acquiring and processing new three-dimensional (“3-D”) seismic data in the fourth quarter of 2020. The Company also announced estimated third quarter 2020 production.HighlightsCommitted to acquiring new proprietary 3-D dual-azimuth seismic data over the entire Etame Marin block which will be used to optimize and de-risk future drilling locations as well as identify new potential locations;Expects completion of seismic acquisition by year-end 2020 with processing to be fully completed by Q4 2021;Estimates the costs of both acquisition and processing of seismic data is approximately $4 to...
Standard Uranium Announces C$3,000,000 Public Offering
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NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATESVANCOUVER, British Columbia, Sept. 30, 2020 (GLOBE NEWSWIRE) — Standard Uranium Ltd. (“Standard Uranium” or the “Company”) (TSX-V: STND) (Frankfurt: FWB:9SU) is pleased to announce that it has entered into a letter agreement (the “Agreement”) with Red Cloud Securities Inc. (“Red Cloud”) as lead agent on behalf of a syndicate of agents (collectively, the “Agents”) and has filed and obtained a receipt for a preliminary short form prospectus (the “Preliminary Prospectus”) with the securities regulators in each of the Provinces of Canada other than the Province of Québec, pursuant to which the Company proposes to complete a public offering of up to 7,500,000 units of the Company (the “Units”) at a price of C$0.20 per Unit and up to 6,818,181...
Brookfield Business Partners L.P. 2020 Third Quarter Conference Call and Webcast for Investors and Analysts
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Date: Tuesday, November 3, 2020Time: 11:00 a.m. (Eastern Time)BROOKFIELD NEWS, Sept. 30, 2020 (GLOBE NEWSWIRE) — You are invited to participate in Brookfield Business Partners’ 2020 Third Quarter Conference Call & Webcast on Tuesday, November 3, 2020 at 11:00 a.m. (Eastern Time) to discuss with members of senior management our results and current business initiatives.Results will be released on Tuesday, November 3, 2020 prior to 8:00 a.m. (Eastern Time) and will be available following the release on our website at https://bbu.brookfield.com.To participate in the Conference Call please dial +1 (866) 688-9431 toll-free in the U.S and Canada or for overseas calls please dial +1 (409) 216-0818 (Conference ID 5990719) at approximately 10:50 a.m. (Eastern Time). Live audio of the Conference Call will be available via webcast on our...
McEwen Mining Appoints Anna Ladd-Kruger as Chief Financial Officer
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TORONTO, Sept. 30, 2020 (GLOBE NEWSWIRE) — McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) is pleased to announce the appointment of Anna Ladd-Kruger, CPA, as Chief Financial Officer effective immediately. Anna is an accomplished mining executive with over 20 years of leadership experience with proven achievements in directing and leading mining organizations.“I’m very pleased to welcome Anna Ladd-Kruger to McEwen Mining. Anna is an experienced and innovative leader with broad global experience and a proven track record of leading strong finance teams,” commented Rob McEwen, Chairman and Chief Owner.Anna was most recently the Chief Financial Officer & VP of Corporate Development at Excellon Resources Inc., where she led the turnaround of their corporate and site operations finance team, processes and systems. She was also integral...
Hersha Hospitality Trust to Report Third Quarter 2020 Earnings on November 9, 2020
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PHILADELPHIA, Sept. 30, 2020 (GLOBE NEWSWIRE) — Hersha Hospitality Trust (NYSE: HT) (“Hersha” or the “Company”), owner of high-quality upscale and lifestyle hotels in urban gateway markets and resort destinations, today announced that the Company will release its financial results for the third quarter 2020 after the market close on Monday, November 9, 2020. The Company will host a conference call to discuss these results at 9:00 AM Eastern Time on Tuesday, November 10, 2020. Hosting the call will be Mr. Jay H. Shah, Chief Executive Officer, Mr. Neil H. Shah, President and Chief Operating Officer, and Mr. Ashish Parikh, Chief Financial Officer.A live audio webcast of the conference call will be available on the Company’s website at www.hersha.com. The conference call can be accessed by dialing 1-888-317-6003 or 1-412-317-6061 for...
Hancock Whitney Corporation to announce third quarter 2020 financial results and host conference call October 20
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GULFPORT, Miss., Sept. 30, 2020 (GLOBE NEWSWIRE) — Hancock Whitney Corporation (Nasdaq: HWC) will announce third quarter 2020 financial results on Tuesday, October 20, 2020 after the market closes. Management will host a conference call for analysts and investors at 4:00 p.m. Central Time on Tuesday, October 20, 2020 to review the results.A live listen-only webcast of the call will be available under the Investor Relations section of Hancock Whitney’s website at www.investors.hancockwhitney.com. To participate in the Q&A portion of the call, dial (877) 564-1219 or (973) 638-3429. An audio archive of the conference call will be available under the Investor Relations section of our website. A replay of the call will also be available through October 27, 2020 by dialing (855) 859-2056 or (404) 537-3406, passcode 6553289. About...
Dr. Jack Geltosky Elected to Medicenna Board of Directors
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TORONTO and HOUSTON, Sept. 30, 2020 (GLOBE NEWSWIRE) — Medicenna Therapeutics Corp. (“Medicenna” or the “Company”) (NASDAQ: MDNA, TSX: MDNA), a clinical stage immuno-oncology company, today announced the appointment of Dr. John (Jack) Geltosky to the Board of Directors of Medicenna and the voting results from the Company’s annual and special meeting of shareholders held today, September 30, 2020 in Toronto (the “Meeting”). A total of 61.56% of the issued and outstanding common shares of the Company were represented in person and by proxy at the Meeting.“We are thrilled to be strengthening our Board with the appointment of Dr. Geltosky,” said Fahar Merchant, PhD, President and CEO of Medicenna. “His extensive management and business development experience will be an invaluable asset as we work to ensure Medicenna’s continued...
Kuuhubb Provides Corporate Update and Announces Closing of US$1.3M Non-Convertible Debenture Financing
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TORONTO, Sept. 30, 2020 (GLOBE NEWSWIRE) — Kuuhubb Inc. (“Kuuhubb” or the “Company”)(TSXV: KUU), a mobile game development and publishing company focused on providing the female audience with creative interactive gaming experiences, has provided the following corporate update to shareholders:Closing of Non-Convertible Debenture FinancingKuuhubb has closed the previously announced non-convertible debenture financing (the “Offering”) for aggregate gross proceeds of US$1,300,000 on a non-brokered basis. The Offering is composed of secured debentures (“Debenture”), each of which has a face value of US$29,500, a Maturity Date twenty-four months from the date of closing, and bears interest at a rate of 12% per annum.Subscribers to the Offering received a bonus of 50,000 common share (“Share”) purchase warrants (“Warrants”) of the Company...
Alpine Income Property Trust, Inc. Announces Acquisition of Single-Tenant Retail Property Leased to Investment-Grade Rated Tenant Dollar General for Approximately $1.8 Million
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DAYTONA BEACH, Fla., Sept. 30, 2020 (GLOBE NEWSWIRE) — Alpine Income Property Trust, Inc. (NYSE: PINE) (the “Company”) announced the acquisition of a single-tenant net-leased retail income property located in Odessa, Texas and leased to Dollar General. The lease is guaranteed by the investment grade rated Dollar General parent entity. The property was purchased for approximately $1.8 million, representing a going-in cap rate of 6.5%. The property recently opened for business and has approximately 14.8 years remaining on the initial lease term. The Company funded the acquisition with its line of credit.Including this newly acquired property, the Company’s portfolio now consists of 45 properties located in 32 markets and 17 states across 16 industries, with a weighted average remaining lease term of 8.6 years. The Company has acquired...
CPI Aerostructures Reports First Quarter 2020 Results
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First Quarter 2020 vs. Restated First Quarter 2019Revenue of $16.9 million compared to $22.0 million;Gross profit of $0.7 million compared to $2.5 million;Gross margin was 4.1% compared to 11.3%;Net loss of $2.8 million compared to $0.9 million;Loss per diluted share of $0.24 compared to $0.08;Cash flow from operations was $(1.4) million compared to $(2.3) million;Total backlog as of March 31, 2020 of $556.4 million compared to $561.9 million as of December 31, 2019, including multi-year defense contracts of $499.1 million as of March 31, 2020 versus $496.7 million as of December 31, 2019;Total funded backlog of $211.1 million as of March 31, 2020 compared to $147.6 million as of December 31, 2019, of which 98% or $206.4 million is comprised of defense orders.EDGEWOOD, N.Y., Sept. 30, 2020 (GLOBE NEWSWIRE) — CPI Aerostructures,...