Day: October 1, 2020

Town and Country Financial Corporation Announces Leadership Changes

SPRINGFIELD, Ill., Oct. 01, 2020 (GLOBE NEWSWIRE) — Micah Bartlett, President and Chief Executive Officer of Town and Country Financial Corporation (“TCFC”) (OTC Pink: TWCF), the parent company of Town and Country Bank (“TCB”), announced the resignation of Dana Dow as President and Chief Operating Officer of Town and Country Bank and President and CEO of Town and Country Banc Mortgage Services, Inc. Dow has accepted a position within the financial services industry outside the state of Illinois. Bartlett has re-assumed the title of President of Town and Country Bank in addition to his other capacities. These changes were effective September 29, 2020, following an appropriate period of transition.  Bartlett commented, “Dow began as President and CEO of Town and Country Banc Mortgage Services, Inc. in 2007 and...

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New Pacific Metals Reports 2020 Annual General and Special Meeting Results

VANCOUVER, British Columbia, Oct. 01, 2020 (GLOBE NEWSWIRE) — New Pacific Metals Corp. (“New Pacific” or the “Company”) is pleased to report that all matters submitted to the shareholders for approval as set out in the Company’s Notice of Meeting and Information Circular dated August 27, 2020 (the “Circular”) were approved by the requisite majority of votes cast at the annual general and special meeting of the shareholders held on September 30, 2020 (the “AGSM”). A total of 152,310,111 common shares, representing 56.9% of the votes attached to all outstanding shares as at the record date for the meeting were represented at the AGSM.The details of the voting results for the election of directors are set out below:At the AGSM, shareholders also voted: (a) 99.77% in favour of approving the arrangement providing for, among other...

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Leonovus Inc. Announces Proposed Share Consolidation

OTTAWA, Oct. 01, 2020 (GLOBE NEWSWIRE) — Leonovus Inc. (“Leonovus” or the “Company) (TSXV: LTV) announced today that at the upcoming annual and special shareholder meeting of October 8, 2020, the shareholders will be asked to consider, and if deemed appropriate, pass a special resolution approving an amendment to the Company’s articles to consolidate the issued and outstanding common shares of the Company on the basis of one (1) post-consolidation common share for every thirty (30) pre-consolidation common shares outstanding (the “Consolidation”).There are currently 288,606,639 common shares issued and outstanding. Post-Consolidation there will be approximately 9,620,221 common shares issued and outstanding. Management believes the Consolidation will improve the attractiveness of investment in the Company and close a private placement...

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Erdene Intersects High-Grade Gold at Bayan Khundii Project Confirming Resource Expansion Potential

HALIFAX, Nova Scotia, Oct. 01, 2020 (GLOBE NEWSWIRE) — Erdene Resource Development Corporation (TSX:ERD | MSE:ERDN) (“Erdene” or the “Company”) announces the conclusion of and the initial results from the first phase of its 18,000 metre Khundii Gold District drill program.Highlights:Phase I Drilling complete, totaling over 10,000 metres on the Bayan Khundii License:– 49 holes including 4 extension holes at Bayan Khundii for 8,435 metres– 11 holes at Dark Horse for 1,574 metresResults from the first twelve expansion holes (2,016 metres) at Bayan Khundii include:– Midfield North: Expansion drilling on both the western and eastern sides of the proposed economic pit returned high-grade mineralized intersections:–– BKD-302 – Eastern flank extension: 3.9 g/t gold over 22.4 metres, including 2 metres of 27.5 g/t gold beginning 127 metres...

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Vishay Intertechnology Announces Acquisition of Applied Thin-Film Products

MALVERN, Pa., Oct. 01, 2020 (GLOBE NEWSWIRE) — Vishay Intertechnology, Inc., (NYSE: VSH), one of the world’s largest manufacturers of discrete semiconductors and passive electronic components, today announced the acquisition of the worldwide business and substantially all of the U.S. assets of Applied Thin-Film Products, a California-based, privately-held manufacturer of custom, build-to-print thin film substrates for the microwave, fiber optic, and life science industries.  Concurrently, a Chinese subsidiary of Applied Thin-Film Products entered into an agreement to sell certain property and equipment to a subsidiary of Vishay at a later date.  The total acquisition price is approximately $26.5 million, subject to customary post-closing adjustments.“I am pleased to welcome Applied Thin-Film Products to the Vishay family,”...

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Global Dividend Growers Income Fund Distributions

CALGARY, Alberta, Oct. 01, 2020 (GLOBE NEWSWIRE) — Global Dividend Growers Income Fund (TSX: GDG.UN) (the “Fund”) is pleased to announce that distributions for the fourth quarter of 2020 will be payable to unitholders of Global Dividend Growers Income Fund as follows:The trust units trade on the Toronto Stock Exchange under the symbol GDG.UN.The Fund offers a distribution reinvestment plan (“DRIP”) for unitholders which provides unitholders with the ability to automatically reinvest distributions, commission free, and realize the benefits of compound growth. Unitholders can enroll in the DRIP program by contacting their investment advisor.Middlefield GroupFormed in 1979, Middlefield creates and manages specialized investment products for individual and institutional investors and has assets under management of approximately $4 billion....

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ARMOUR Residential REIT, Inc. Confirms October 2020 Dividend Rate Per Common Share and Q4 2020 Monthly Dividend Rate Per Series C Preferred Dividends

VERO BEACH, Florida, Oct. 01, 2020 (GLOBE NEWSWIRE) — ARMOUR Residential REIT, Inc. (NYSE: ARR and ARR-PRC) (“ARMOUR” or the “Company”) today confirmed the October 2020 cash dividend for the Company’s Common Stock and the Q4 2020 monthly cash dividend rate for the Company’s Series C Preferred Stock.October 2020 Common Stock Dividend InformationQ4 2020 Series C Preferred Stock Dividend InformationCertain Tax MattersARMOUR has elected to be taxed as a real estate investment trust (“REIT”) for U.S. Federal income tax purposes. In order to maintain this tax status, ARMOUR is required to timely distribute substantially all of its ordinary REIT taxable income. Dividends paid in excess of current tax earnings and profits for the year will generally not be taxable to common stockholders. Actual dividends are determined at the...

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Compass Diversified Declares Third Quarter 2020 Distributions on Common and Series A, B and C Preferred Shares

WESTPORT, Conn., Oct. 01, 2020 (GLOBE NEWSWIRE) — Compass Diversified (NYSE: CODI) (“CODI” or the “Company”), an owner of leading middle market businesses, announced today that its Board of Directors (the “Board”) has declared a quarterly cash distribution of $0.36 per share on the Company’s common shares (the “Common Shares”). The distribution for the three months ended September 30, 2020 is payable on October 22, 2020 to all holders of record of Common Shares as of October 15, 2020.The Board also declared a quarterly cash distribution of $0.453125 per share on the Company’s 7.250% Series A Preferred Shares (the “Series A Preferred Shares”). The distribution on the Series A Preferred Shares covers the period from, and including, July 30, 2020, up to, but excluding, October 30, 2020. The distribution for such period is payable on...

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Brunswick Announces Closing of Private Placements for Aggregate Proceeds of $3.325 Million

MONTREAL, Oct. 01, 2020 (GLOBE NEWSWIRE) — Brunswick Exploration Inc., formerly Komet Resources Inc. (“Brunwick” or the “Corporation”) is pleased to announce that it has closed its previously announced non-brokered private placements for aggregate gross proceeds of $3.325 million, consisting of the issuance of (i) 12,500,000 units of the Corporation (each, a “Unit“) at a price of $0.13 per Unit, for gross proceeds of $1.625 million and (ii) 10,000,000 flow-through shares of the Corporation (the “FT Shares”), at a price of $0.17 per FT Share, for gross proceeds of $1.7 million (collectively, the “Offerings“).Each Unit consists of one common share of the Corporation (each, a “Common Share“) and one-half of one common share purchase warrant of the Corporation (each whole warrant, a “Warrant“)....

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Brunswick annonce la clôture de placements privés pour un produit total de 3,325 millions de dollars

MONTRÉAL, 01 oct. 2020 (GLOBE NEWSWIRE) — Brunswick Exploration Inc., anciennement Komet Resources Inc. (“Brunwick” ou la “société“) est heureuse d’annoncer qu’elle a clôturé les financements privés sans courtier annoncés précédemment pour un produit brut total de 3,325 millions $, consistant en l’émission de (i) 12 500 000 unités de la société (chacune, une “unité“) au prix de 0,13 $ par unité, pour un produit brut de 1,625 million $ et (ii) 10 000 000 actions accréditives de la société (les “actions accréditives“), au prix de 0,17 $ par action accréditive, pour un produit brut de 1,7 million $ (collectivement, les “placements privés“).Chaque unité se compose d’une action ordinaire de la société (chacune, une “action ordinaire“) et d’un...

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