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Month: September 2020

Gold Bull Appoints Walt Coles as Director

VANCOUVER, British Columbia, Sept. 21, 2020 (GLOBE NEWSWIRE) — Gold Bull Resources Corp. (TSX-V: GBRC) (“Gold Bull” or the “Company”) is pleased to announce it has appointed Mr. Walter Coles to the Company’s Board of Directors.Gold Bull Chairman Craig Parry commented, “As Gold Bull continues on its path of building a major US focused gold company, we are fortunate to have someone of Walter’s caliber join our Board. His broad business background and track record of success at Skeena Resource will undoubtedly benefit the company and our shareholders as we chart our growth strategy for the months and years ahead.”About Gold Bull Resources CorpGold Bull Resources Corp. is a gold focused mineral exploration company that strives to generate and advance high-reward project acquisitions in regions with proven mineral wealth. The company’s...

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Norwegian Cruise Line Holdings Ltd. Honors Founder Knut Kloster

Pioneer of the Modern Cruise Industry Passes at age 91Company to Dedicate Section of its New Terminal at PortMiami andAnnual Team Member Award in His HonorMIAMI, Sept. 21, 2020 (GLOBE NEWSWIRE) — Norwegian Cruise Line Holdings Ltd. (NYSE: NCLH) solemnly marks the passing on Sept. 20, 2020 of one of its founders, Knut Kloster, at the age of 91. In his honor the Company will dedicate a section of its yet-to-open terminal at PortMiami in Miami, Fla. and introduce an annual team member recognition award in memory of his humanitarian, environmentalist and innovative spirit.“We are incredibly saddened by the loss of the visionary who not only brought our Company, but our industry, to life,” said Norwegian Cruise Line Holdings President and CEO Frank Del Rio. “Knut was a pioneer in our industry and certainly ahead of his time, exploring...

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Pacific Mercantile Bancorp Appoints Anne McCallion to Board of Directors

COSTA MESA, Calif., Sept. 21, 2020 (GLOBE NEWSWIRE) — Pacific Mercantile Bancorp (Nasdaq: PMBC, the “Company”), the holding company of Pacific Mercantile Bank (the “Bank”), a wholly owned banking subsidiary, today announced the appointment of Anne McCallion to the board of directors of both Pacific Mercantile Bancorp and Pacific Mercantile Bank.Ms. McCallion has nearly 30 years of experience in the financial services industry, with a focus in the areas of finance and operations. Ms. McCallion has served on the board of PennyMac Financial Services, Inc. (NYSE: PFSI, “PennyMac”) since 2018. She served as PennyMac’s Chief Enterprise Operations Officer from 2017 to 2019 and prior to that served as its Chief Financial Officer from 2009 to 2016, holding similar positions at PennyMac Mortgage Investment Trust, (NYSE:PMT). Prior to joining...

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Flushing Financial Corporation Announces Receipt of Remaining Regulatory Approvals for Acquisition of Empire Bancorp, Inc.

UNIONDALE and ISLANDIA, N.Y., Sept. 21, 2020 (GLOBE NEWSWIRE) — John R. Buran, President and CEO of Flushing Financial Corporation (“Flushing”) (NASDAQ- GS: FFIC) announced, “We are pleased that we have received all remaining approvals from the banking regulators to move forward on our acquisition of Empire Bancorp, Inc. (“Empire”) (OTC: EMPK). The transaction is expected to close effective on or about October 31, 2020. This acquisition will bring together two organizations with similar cultures and values, creating one of Long Island’s largest community banks by deposit share. We will create a community bank of superior scale and operational leverage enabling us to improve service to our customers, reduce costs and enhance shareholder value. The merger will expand Flushing’s presence on Long Island, a market of over 140,000 businesses...

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ERYTECH establishes a financing facility with the implementation of an at-the-market program on Nasdaq with Cowen

LYON, France, Sept. 21, 2020 (GLOBE NEWSWIRE) — ERYTECH Pharma (Euronext Paris : ERYP – Nasdaq : ERYP), a clinical-stage biopharmaceutical company developing innovative therapies by encapsulating drug substances in red blood cells (the “Company”), today announced the implementation of an at-the-market program allowing the Company to issue and sell ordinary shares in the form of American Depositary Shares (“ADSs”), to eligible investors at market prices, with aggregate gross sales proceeds of up to $30,000,000 (subject to a regulatory limit of 20% dilution), from time to time, pursuant to the terms of a sales agreement with Cowen acting as sales agent.The ATM program will allow the Company to issue ordinary shares in the form of ADSs, each representing one ordinary share of the Company, that may be sold...

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DAVIDsTEA Reports Second Quarter Fiscal 2020 Financial Results

Financial and Operational Highlights:189.9% increase in e-commerce and wholesale sales to $23.0 million (representing 100% of sales for the quarter)Gross profit of $8.3 million$24.2 million decrease in SG&AEBITDA of $5.4 millionImplementation of Restructuring activities under Companies’ Creditors Arrangement Act (CCAA) ongoingSubsequent to quarter end, 18 DAVIDsTEA stores re-opened in Canada in support of the Company’s digital first strategyMONTREAL, Sept. 21, 2020 (GLOBE NEWSWIRE) — DAVIDsTEA Inc. (Nasdaq:DTEA) (DAVIDsTEA or “the Company”), a leading tea merchant in North America, announces its second quarter results for the period ended August 1, 2020. All dollar amounts are expressed in Canadian dollars.“Second quarter results reflect the solid performance of our online retailing and wholesale distribution activities as...

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Les Thés DAVIDsTEA annonce les résultats financiers du deuxième trimestre de l’exercice 2020

Faits saillants financiers et opérationnels :Hausse de 189,9 % des ventes tirées du commerce électronique et de gros pour atteindre 23,0 M$ (représentant 100 % des ventes du trimestre)Bénéfice brut de 8,3 M$Diminution de 24,2 M$ des frais de vente, généraux et administratifsBAIIA de 5,4 M$Mise en œuvre des activités de restructuration dans le cadre de la Loi sur les arrangements avec les créanciers des compagnies (LACC) en coursAprès la fin du trimestre, 18 magasins DAVIDsTEA ont rouvert au Canada pour soutenir la stratégie de la Société axée principalement sur le numériqueMONTRÉAL, 21 sept. 2020 (GLOBE NEWSWIRE) — Les Thés DAVIDsTEA Inc. (Nasdaq: DTEA) (« DAVIDsTEA » ou la « Société »), l’un des premiers marchands de thé en Amérique du Nord, annonce ses résultats du deuxième trimestre pour la période close le 1er août 2020. Tous...

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Rubicon Organics to Commence Trading on the TSX Venture Exchange

•  Trading on TSX Venture Exchange to commence September 22, 2020, under ticker symbol ROMJ•  Common shares will be delisted from CSE on September 21, 2020VANCOUVER, British Columbia, Sept. 21, 2020 (GLOBE NEWSWIRE) — Rubicon Organics Inc. (CSE:ROMJ) (OTCQX: ROMJF) (“Rubicon Organics” or the “Company”), a licensed producer focused on cultivating and selling organic certified, premium cannabis, is pleased to announce that its common shares and 3,150,000 warrants will begin trading on the TSX Venture Exchange (the “TSX-V”), September 22, 2020. No action is required by current shareholders to trade their shares on the TSX-V.The common shares and warrants of the Company will be voluntarily delisted from the Canadian Securities Exchange at the close of trading on September 21, 2020 and commence trading on the TSX-V at the opening of...

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UMH PROPERTIES, INC. COMPLETES ACQUISITION OF NEW YORK MANUFACTURED HOUSING COMMUNITY

FREEHOLD, NJ, Sept. 21, 2020 (GLOBE NEWSWIRE) — UMH Properties, Inc. (NYSE: UMH) announced that it closed on the acquisition of a manufactured housing community located in New York for a total purchase price of approximately $4.5 million. This community contains 163 developed homesites, of which approximately 71% are occupied. It is situated on approximately 21 acres. Samuel A. Landy, President and Chief Executive Officer, commented, “Lake Erie Estates is a value-add community located in Fredonia, New York. The community is well-located just off Interstate 90 and a short drive from Buffalo. We anticipate strong rental demand and look forward to implementing our value-add strategy.”UMH Properties, Inc., which was organized in 1968, is a public equity REIT that owns and operates 124 manufactured home communities with approximately...

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ascena retail group Achieves Important Milestones in Restructuring Process

Court Approves Disclosure Statement and Debtor-in-Possession Financing on Final Basis; Debtor-in-Possession Financing to Convert to Exit Financing Upon EmergenceCompany to Begin Solicitation of Votes for Plan of Reorganization; Amended RSA Supported by Approximately 95% of Secured Term LendersFullBeauty Wins Auction to Acquire Catherines’ E-Commerce Business for Over $40 MillionWell-Positioned to Execute Customer-Centric Retail and E-Commerce Business ModelMAHWAH, N.J., Sept. 21, 2020 (GLOBE NEWSWIRE) — ascena retail group, inc. (OTCMKTS: ASNAQ) and certain of its subsidiaries (collectively, “ascena” or the “Company”) today announced recent milestones achieved in the Company’s Court-supervised restructuring process.The United States Bankruptcy Court for the Eastern District of Virginia (the “Court”) has approved the adequacy of...

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