Month: September 2020

Suominen Corporation’s stock exchange release on September 16, 2020 at 2:00 p.m. (EEST)The decision on the directed share issue is based on the authorisation granted to the Board of Directors by the Annual General Meeting of Shareholders held on March 19, 2020.After the share delivery on September 16, 2020, the company holds a total of 690,878 treasury shares.SUOMINEN CORPORATIONFurther information:Klaus Korhonen, SVP, HR and Legal Affairs tel. +358 10 214 30 70Suominen manufactures nonwovens as roll goods for wipes and other applications. Our vision is to be the frontrunner for nonwovens innovation and sustainability. The end products made of Suominen’s nonwovens, such as wet wipes, feminine care products and swabs, are present in people’s daily life worldwide. Suominen’s net sales in 2019 were EUR 411.4 million and we have nearly...

Suominen Oyj:n pörssitiedote 16.9.2020 klo 14.00Suominen Oyj on luovuttanut vastikkeetta yhteensä 9 352 yhtiön hallussa olevaa omaa osaketta sitouttavan lisäosakejärjestelmän 2019 osallistujille sitouttamisjakson 2019-2020 perusteella järjestelmän ehtojen mukaisesti. Kannustinjärjestelmän keskeisistä ehdoista on kerrottu tarkemmin 4.6.2019 julkaistussa pörssitiedotteessa.Osakkeiden luovuttaminen suunnatulla maksuttomalla osakeannilla perustuu varsinaisen yhtiökokouksen 19.3.2020 hallitukselle antamaan valtuutukseen.16.9.2020 tapahtuneen luovutuksen jälkeen yhtiön hallussa on 690 878 omaa osaketta.SUOMINEN OYJLisätietoja:Klaus Korhonen, henkilöstö- ja lakiasiainjohtaja, puh. 010 214 3070Suominen valmistaa kuitukankaita rullatavarana pyyhintätuotteisiin sekä muihin sovelluksiin. Visiomme on olla edelläkävijä innovatiivisissa ja vastuullisissa...

GREENWICH, Conn., Sept. 16, 2020 (GLOBE NEWSWIRE) —  XPO Logistics, Inc. (NYSE: XPO), a leading global provider of transportation and logistics solutions, today announced the expansion of its Academic Partners Program benefitting hourly workers in the United States. The company’s academic partnerships make thousands of accredited courses, degrees and certifications available to US employees at large discounts.Qualifying hourly employees can couple XPO’s $5,250 annual tuition reimbursement with an Academic Partners discount to earn tuition-free college degrees in over 80 separate fields of online study. Additionally, the company’s partnership with the Massachusetts Institute of Technology Industrial Liaison Program gives employees access to MIT Sloan Executive Education and MIT Professional Education short courses at a reduced cost.Troy...

TORONTO, Sept. 16, 2020 (GLOBE NEWSWIRE) — Pasinex Resources Limited (CSE: PSE)(FSE: PNX) (the “Company” or “Pasinex”) today reports the resignation of Steven Williams as President, Chief Executive Officer and Director of Pasinex as well as an Officer and Director of all of its subsidiary companies.  Steven Williams has decided to concentrate his expertise in the direction of mineral processing consulting services in the future, and we wish him well in his future endeavours.  Steven was the founder of Pasinex and led the Company into zinc exploration projects in Turkey and Nevada.  The Board of Directors wishes to thank Steven Williams for his high energy and enthusiasm in the development of Pasinex since its foundation.Larry Seeley, who is a Director of Pasinex, will become Executive Chair of the Board of Directors and Chair of...

VANCOUVER, British Columbia, Sept. 16, 2020 (GLOBE NEWSWIRE) — Photon Control Inc. (“Photon Control” or the “Company”) (TSX: PHO), a leading manufacturer of fiber optic measurement solutions, is pleased to announce it has entered into a distribution agreement with a leading Korean distributor, Woowon Technology Co., Ltd (“Woowon”). This agreement provides Photon Control with a proven partner in Korea, the second largest semiconductor market in the world accounting for over 20% of the global market. The partnership furthers Photon Control’s market penetration strategy of strong local support in key markets.Woowon, headquartered in Bundang, Korea, was established in 1990 and is a representative and distributor for over 30 major foreign manufacturers in the Korean market. They supply capital equipment, subsystems, and components to...

–A REMINDER–Dallas, Texas, Sept. 16, 2020 (GLOBE NEWSWIRE) — via NEWMEDIAWIRE — NaturalShrimp, Inc., an aquaculture Company which has developed and patented the first commercially operational Recirculating Aquaculture System (RAS) for shrimp, announced today that its Chief Financial Officer, William J. Delgado, will present an overview of the Company at the 22nd Annual Global Investment Conference sponsored by H.C. Wainwright & Co. on September 16, 2020, at 3:00PM EST. A link to the presentation can be accessed by visiting https://wsw.com/webcast/hcw7/shmp/1618264. In addition, a replay of the webcast will be available on the Company website for 30 days following the event.ABOUT NATURALSHRIMP: NaturalShrimp, Inc. is a publicly traded aqua-tech Company, headquartered in Dallas, with production facilities located...

TORONTO, Sept. 16, 2020 (GLOBE NEWSWIRE) — Sparton Resources Inc. (TSXV.SRI) (“Sparton” or the “Company“) announced today that it has located a comprehensive data set of the past work carried out on the Oakes Gold Project, near Matachewan, Ontario.  The information has been graciously provided by the family of the late Robert Peters, one of the former partners who managed the mining syndicate supported by the Harry Oakes interests up until 1995. These data will permit accurate placement of new drill holes for the upcoming drill program.HIGHLIGHTS FROM HISTORICAL DATA  Three drill holes near the shaft, and chip sampling in the shaft as well as in nearby trenches reported:             Grab samples apparently taken along the length of the 29 foot (8.5 meter) crosscut at the bottom of the shaft reportedly ranged...

Income before income taxes and losses of unconsolidated affiliate was $34.9 million in the fourth quarter of fiscal 2020 compared to $47.1 million in the same quarter of the prior year. Diluted EPS was $0.53 in the fourth quarter of fiscal 2020 compared to $0.68 in the same quarter of the prior year. Sales for the quarter declined 14.7 percent.  Organic sales declined 13.7 percent and the impact of foreign currency translation decreased sales by 1.0 percent.MILWAUKEE, Sept. 16, 2020 (GLOBE NEWSWIRE) — Brady Corporation (NYSE: BRC) (“Brady” or “Company”), a world leader in identification solutions, today reported its financial results for its fiscal 2020 fourth quarter ended July 31, 2020.Quarter Ended July 31, 2020 Financial Results:Income before income taxes and losses of unconsolidated affiliate declined 26.0 percent to $34.9...

DAYTONA BEACH, Fla., Sept. 16, 2020 (GLOBE NEWSWIRE) — J. Scott Penny, Chief Acquisitions Officer of Brown & Brown, Inc. (NYSE:BRO), and Brook Crawford, the owner of Brookstone Insurance Group, LLC, today announced that Brown & Brown Lone Star Insurance Services, Inc., a subsidiary of Brown & Brown, Inc., has acquired substantially all of the assets of the Brookstone.Brookstone Insurance Group provides commercial and personal insurance solutions to customers throughout the greater Dallas-Fort Worth metro area.  The Brookstone team will become part of the Brown & Brown operations in DFW and throughout the state of Texas.  Brookstone will continue to operate from existing offices under leadership of Lauren Allen and under regional leadership of Tommy Huval.Tommy Huval, Regional President of Brown & Brown Retail,...