Month: September 2020

NEW YORK, Sept. 09, 2020 (GLOBE NEWSWIRE) — HC2 Holdings, Inc. (“HC2” or the “Company”) (NYSE: HCHC), a diversified holding company, announced today that its Board of Directors (the “Board”) has approved a plan to proceed with steps to launch a $65 million rights offering for its common stock. The Company has filed a registration statement on Form S-3 with the Securities and Exchange Commission (“SEC”). Subject to final approval of the rights offering by the Board, the Company expects to launch the rights offering after the Registration Statement is declared effective by the SEC.All HC2 stockholders will have the opportunity to participate in the offering and subscribe for their basic subscription amount of newly issued shares of common stock in proportion to their respective existing ownership amounts. HC2 stockholders who exercise...

CALGARY, Alberta, Sept. 09, 2020 (GLOBE NEWSWIRE) — PrairieSky Royalty Ltd. (“PrairieSky” or the “Company“) (TSX: PSK) announced today that its Board of Directors has declared a quarterly dividend of CDN $0.06 per common share, payable in cash on October 15, 2020 to shareholders of record on September 30, 2020.  This dividend is designated as an “eligible dividend” for Canadian income tax purposes.PrairieSky is also pleased to provide an update on its previously announced normal course issuer bid (the “NCIB”). During the period from July 1, 2020 to September 9, 2020, the third quarter to date (“Q3TD”), PrairieSky has purchased for cancellation a total of 7,215,000 common shares under the NCIB. Shares were purchased at a weighted average price of $9.34 per share, for a total...

 Ne pas transmettre aux services de presse aux États-Unis ni diffuser aux États-UnisMONTRÉAL, 09 sept. 2020 (GLOBE NEWSWIRE) — Fonds de placement immobilier BTB (TSX: BTB.UN) (« BTB » ou le « Fonds ») annonce aujourd’hui qu’il a conclu un engagement avec un syndicat de preneurs fermes mené par Financière Banque Nationale Inc. et incluant RBC Dominion Valeurs Mobilières Inc., Scotia Capitaux Inc., Valeurs Mobilières TD Inc., Corporation Canaccord Genuity, Industrielle Alliance Valeurs Mobilières Inc. et Valeurs Mobilières Banque Laurentienne Inc. (collectivement les « preneurs fermes ») en vue d’un placement auprès du public d’un capital global de 30 millions $ de débentures convertibles subordonnées et non garanties échéant le 31 octobre 2025 (les « débentures »), sur la base d’une prise ferme, le tout...

TORONTO, Sept. 09, 2020 (GLOBE NEWSWIRE) — Currency Exchange International, Corp. (the “Company”) (TSX:CXI; OTCBB:CURN), announces its financial results and management’s discussion and analysis (“MD&A“) for the three-and nine-month periods ended July 31, 2020 (all figures are in U.S. dollars except where otherwise indicated). The complete financial statements and MD&A can be found on the Company’s SEDAR profile at www.sedar.com.On March 11, 2020 the World Health Organization (“WHO”) officially declared COVID-19, the disease caused by a novel coronavirus, a pandemic. Measures enacted to curtail COVID-19 by various governments have significantly impacted travel and tourism, and therefore the demand for foreign currencies. The Company has experienced a material decline in revenue as a result. While...

PLYMOUTH MEETING, Pa., Sept. 09, 2020 (GLOBE NEWSWIRE) — AMREP Corporation (NYSE: AXR) today reported net income of $593,000, or $0.07 per share, for its 2021 fiscal first quarter ended July 31, 2020 compared to a net loss of $196,000, or $0.02 per share, for the same period of the prior year.In addition, AMREP reported that Theodore J. Gaasche has resigned as a director of AMREP for personal reasons and has withdrawn as a director nominee for consideration at the annual meeting of shareholders of AMREP to be held on September 10, 2020. Given this development, the board of directors has reduced the size of the board from four members to three members but will consider adding a new director in the near future.AMREP’s Chairman, Edward B. Cloues, II, commented, “Ted served as the chief executive officer of AMREP from 2011 through 2013...

Shelton, CT, Sept. 09, 2020 (GLOBE NEWSWIRE) — David G. Nord to retire as Chief Executive OfficerGerben W. Bakker Named President and Chief Executive OfficerHubbell Incorporated (“Hubbell” or the “Company”) reported today that David G. Nord has announced his retirement as Chief Executive Officer of Hubbell Incorporated effective October 1, 2020.  In connection with Mr. Nord’s retirement, the Hubbell Incorporated Board of Directors also announced that Gerben W. Bakker will succeed Mr. Nord as President and Chief Executive Officer, effective October 1, 2020. Mr. Bakker will also join the Hubbell Board at that time.  These leadership changes are the product of the Board’s executive succession planning process and its transition planning with both Mr. Nord and Mr. Bakker. Mr. Nord will continue to serve as Hubbell’s Executive Chairman...

KANSAS CITY, Mo., Sept. 09, 2020 (GLOBE NEWSWIRE) — Bank Midwest, a division of NBH Bank, has named Nicole Van Denabeele as its new President. Van Denabeele succeeds Whitney Bartelli, who joined NBH Bank in 2012 as Chief Marketing Officer and has served as President of Bank Midwest since 2015. Bartelli is leaving the organization to pursue another opportunity.National Bank Holdings Corporation Chairman, President and CEO, Tim Laney, stated “Nicole assuming the President role is a natural choice. She has made a number of meaningful contributions to our business and has demonstrated exceptional leadership throughout her tenure.  The expansion of her role further solidifies our strong commitment to the Kansas City region. I want to thank Whitney for her leadership of the Bank Midwest team since 2015. Whitney has been a valued friend...

MONTREAL, Sept. 09, 2020 (GLOBE NEWSWIRE) — In a release issued under the same headline earlier today by BTB Real Estate Investment Trust (TSX: BTB.UN) please note that in the first paragraph of the release the company name RBC Securities Inc. should be RBC Capital Markets instead. The corrected release follows:BTB Real Estate Investment Trust (TSX: BTB.UN) (“BTB” or the “REIT”) announces today that it has reached an agreement with a syndicate of underwriters led by National Bank Financial Inc. and including RBC Capital Markets, Scotiabank, TD Securities Inc., Canaccord Genuity Corp., Industrial Alliance Securities Inc. and Laurentian Bank Securities Inc. (together, the “Underwriters”) to issue to the public, subject to regulatory approval, on a bought deal basis $30.0 million aggregate principal amount of convertible unsecured...

MONTREAL, Sept. 09, 2020 (GLOBE NEWSWIRE) — D-BOX Technologies Inc. (D-BOX) (TSX: DBO), a world leader in haptic and immersive entertainment experiences, and Jaymar, a leading manufacturer of upholstered furniture in Canada, partner up to offer consumers a more affordable seat for their homes by integrating the D-BOX immersive haptic experience.D-BOX entered the home entertainment market several years ago with high-end products to offer its fans. We have listened to them, put our expertise to good use and we are very pleased to be able to offer a more affordable seat to home entertainment fans.Moreover, this partnership allows Jaymar to seamlessly integrate D-BOX’s high-definition haptics and motion technology for the home consumer market in Canada and the United States in the upcoming months. This new seat will be offered online...

MONTRÉAL, 09 sept. 2020 (GLOBE NEWSWIRE) — D-BOX Technologies Inc. (D-BOX) (TSX: DBO), un chef de file mondial en matière d’expériences de divertissement immersif et haptique, et Jaymar, un important fabricant de meubles rembourrés au Canada, s’associent pour offrir aux consommateurs un siège plus abordable pour leur domicile en intégrant l’expérience immersive haptique D-BOX.D-BOX a fait son entrée sur le marché du divertissement à domicile il y a plusieurs années en offrant des produits haut de gamme à ses fans. Nous les avons écoutés, nous avons mis notre expertise à profit et nous sommes très heureux de pouvoir offrir un siège plus abordable aux amateurs de divertissement à domicile.De plus, ce partenariat permet à Jaymar d’intégrer de façon transparente la technologie de mouvement et d’haptique...