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Month: September 2020

Thin Film Electronics ASA – Result of Subsequent Offering – Issuance of Offer Shares and Warrants

Oslo, 16 September 2020Reference is made to the stock exchange notices published by Thin Film Electronics ASA (the “Company”) on 1 and 16 September 2020 regarding the Subsequent Offering.The subscription period under the Subsequent Offering expired on 15 September 2020 at 16:30 CET, and the Subsequent Offering was more than nine times oversubscribed, including subscriptions from eligible shareholders, oversubscriptions, and subscriptions without subscription rights.Further to the resolution by the Extraordinary General Meeting on 19 August 2020, the board of directors has resolved to allocate and issue the maximum of 66,666,666 Offer Shares at a subscription price of NOK 0.15 per Offer Share, thereby raising approximately NOK 10 million in the Subsequent Offering.The subscribers who are allocated Offer Shares will receive...

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Bristow Names Jennifer Whalen Chief Financial Officer and Approves $75 Million Share Repurchase Program

HOUSTON, Sept. 16, 2020 (GLOBE NEWSWIRE) — Jennifer Whalen has been appointed Senior Vice President, Chief Financial Officer (CFO) for Bristow Group Inc. effective today. In this role, she is responsible for accounting, financial reporting, investor relations, M&A, tax and other financial aspects of the Company. She was previously serving as the CFO in an interim role since June 2020.“Jennifer brings a wealth of knowledge about our business as well as existing relationships that will help the newly combined company enhance internal controls, processes and operations,” said Bristow President and Chief Executive Officer Chris Bradshaw. “I believe Jennifer is the best person for the job, as we navigate and mitigate the effects of the downturn in the offshore oil and gas industry and emerge with a more efficient cost structure.”Jennifer...

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Angus Ventures Changes Name to Angus Gold

TORONTO, Sept. 16, 2020 (GLOBE NEWSWIRE) — ANGUS VENTURES INC. (TSX-V: GUS | OTC: ANGVF) (“Angus Gold” or the “Company”) is pleased to announce that it has formally changed its corporate name to Angus Gold Inc.  The TSX Venture Exchange (the “TSXV”) has confirmed that the shares will commence trading effective Friday, September 18, 2020 under the new name. There will be no change to the Company’s ticker symbol in connection with the name change and the Company’s common shares will trade on the TSXV under the symbol “GUS” and under the symbol “ANGVF” on the Pink Open Market operated by OTC Markets Group Inc.Investors are welcome to visit the Company’s new corporate website www.angusgold.com and join our email list to receive news on Angus Gold.About Angus Gold:Angus Gold is a Canadian gold exploration company with a 205-square-kilometres...

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Independent Proxy Advisory Firm ISS Recommends Painted Pony Shareholders Vote For Arrangement with Canadian Natural Resources Ltd.

CALGARY, Alberta, Sept. 16, 2020 (GLOBE NEWSWIRE) — Painted Pony Energy Ltd. (“Painted Pony” or the “Corporation“) (TSX: PONY) announces today that Institutional Shareholder Services Inc. (“ISS”), a leading independent proxy advisory firm that provides voting recommendations to shareholders and whose analyses and recommendations are relied upon by many major institutional investors, has recommended that Painted Pony shareholders vote in favour of the proposed plan of arrangement with Canadian Natural Resources Limited (“CNRL”) whereby CNRL will acquire all of the issued and outstanding Painted Pony shares at a price of $0.69, in cash, per share (the “Arrangement”), as announced on August 10, 2020.The Arrangement is the result of an extensive and thorough arm’s length negotiation between Painted Pony and CNRL...

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Apollo Commercial Real Estate Finance, Inc. Declares Quarterly Common Stock Dividend

NEW YORK, Sept. 16, 2020 (GLOBE NEWSWIRE) — Apollo Commercial Real Estate Finance, Inc. (the “Company”) (NYSE:ARI) today announced the Board of Directors declared a dividend of $0.35 per share of common stock, which is payable on October 15, 2020 to common stockholders of record on September 30, 2020. About Apollo Commercial Real Estate Finance, Inc.Apollo Commercial Real Estate Finance, Inc. (NYSE: ARI) is a real estate investment trust that primarily originates, acquires, invests in and manages performing commercial first mortgage loans, subordinate financings and other commercial real estate-related debt investments.  The Company is externally managed and advised by ACREFI Management, LLC, a Delaware limited liability company and an indirect subsidiary of Apollo Global Management, Inc., a leading global alternative investment...

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Orchid Island Capital Announces September 2020 Monthly Dividend and August 31, 2020 RMBS Portfolio Characteristics

September 2020 Monthly Dividend of $0.065 Per Share of Common StockRMBS Portfolio Characteristics as of August 31, 2020Next Dividend Announcement Expected October 14, 2020VERO BEACH, Fla., Sept. 16, 2020 (GLOBE NEWSWIRE) — Orchid Island Capital, Inc. (the “Company”) (NYSE:ORC) announced today that the Board of Directors (the “Board”) declared a monthly cash dividend for the month of September 2020. The dividend of $0.065 per share will be paid October 28, 2020, to holders of record of the Company’s common stock on September 30, 2020, with an ex-dividend date of September 29, 2020.  The Company plans on announcing its next common stock dividend after the Board’s meeting on October 14, 2020.The Company intends to make regular monthly cash distributions to its holders of common stock. In order to qualify as a real estate investment...

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Firm Capital American Realty Partners Trust Announces the Closing of a 50% Interest in a 235 Unit, Multi-Family Residential Building for $37.5 Million in the Washington D.C. Metro Area

All amounts are in US Dollars unless otherwise stated.TORONTO, Sept. 16, 2020 (GLOBE NEWSWIRE) — Firm Capital American Realty Partners Trust (the “Trust”), (TSXV: FCA.U), (TSXV: FCA) is pleased to announce it has entered into a joint venture agreement with an unrelated third party to acquire a $37.5 million multi-family residential property located in the Washington D.C. Metro Area.North Pointe Apartments (“North Pointe” or the “Property”) is a 235-unit, multi-family residential property located in Hyattsville, Maryland. Hyattsville, MD is located within the Washington D.C. Metro Area and is in close proximity to the Trust’s Brentwood, MD joint venture. The joint venture is purchasing the property for $37.5 million or approximately $159,575 per unit ($217 per square foot), representing a 5.7% capitalization rate. The Property is...

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The Pennant Group Acquires Texas Home Health Agency

EAGLE, Idaho, Sept. 16, 2020 (GLOBE NEWSWIRE) — The Pennant Group, Inc. (NASDAQ: PNTG), the parent company of the Pennant group of affiliated home health, hospice and senior living companies, today announced that it has acquired the assets of CMS Home Health Care, which has locations in Brownwood and Coleman, Texas. The acquisition was effective September 16, 2020.Danny Walker, Pennant’s Chief Executive Officer, commented, “With sister operations in Abilene, Austin, and Dallas, this off-market acquisition is an excellent strategic fit for our burgeoning Texas portfolio of home health and hospice operations. Our local leaders, supported by dedicated field and service center resources, continue to source and cultivate new opportunities for growth while navigating dynamic operating environments in their local communities.”“The team...

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iLOOKABOUT Executes Asset Purchase Agreement with Apex Software

TORONTO, Sept. 16, 2020 (GLOBE NEWSWIRE) — iLOOKABOUT Corp. (TSXV:ILA; OTCQB:ILATF) (“ILA” or “the Company”) announced that, further to the news release issued August 28, 2020, with respect to ILA’s proposed transaction with Starcap Marketing, LLC (d.b.a. Apex Software) (“Apex”), ILA has entered into an asset purchase agreement (“APA”) with Apex for the acquisition by ILA of all the operating assets of Apex (the “Transaction”). Consideration for the Transaction will be in the form of $4,800,000 (USD) cash due on closing of the Transaction, $400,000 (USD) due on the first anniversary of the closing as an indemnity holdback, and $400,000 (USD) of ILA stock to be calculated using a defined value of $0.15 (CAD) (subject to any required pricing adjustments). As at the date hereof, the current working capital position of Apex (including...

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Devon Energy Announces Fourth-Quarter 2020 Cash Dividend for Common Stockholders

OKLAHOMA CITY, Sept. 16, 2020 (GLOBE NEWSWIRE) — Devon Energy Corp. (NYSE: DVN) announced today that its board of directors has declared a quarterly cash dividend on Devon’s common stock for the fourth quarter of 2020. The dividend is payable on Dec. 30, 2020, at a rate of $0.11 per share based on a record date of Dec. 11, 2020.ABOUT DEVON ENERGYDevon Energy is a leading independent energy company engaged in finding and producing oil and natural gas. Based in Oklahoma City and included in the S&P 500, Devon operates in several of the most prolific oil and natural gas plays in the U.S. with an emphasis on achieving strong corporate-level returns and capital-efficient cash-flow growth. For more information, please visit www.devonenergy.com.

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