Day: October 16, 2020

Pulse Oil Announces Mutual Termination of an Agreement for a Private Placement Offering of Preferred and Common Equity

CALGARY, Alberta, Oct. 16, 2020 (GLOBE NEWSWIRE) — Pulse Oil Corp. (TSX-V:PUL) (the “Company” or “Pulse”) announced today that its previously announced brokered private placement (the “Private Placement”), has been terminated due to unfavourable market conditions.The Private Placement was conducted by Raymond James Ltd. (the “Agent”), as sole agent and sole bookrunner, and both Pulse and the Agent have mutually agreed to terminate this financing effort. Pulse will now have the flexibility to consider all alternative financing currently being considered.Pulse CEO, Garth Johnson commented, “The past number-of-months have been unprecedented and have resulted in the termination of this financing. Our efforts will now focus initially on a smaller financing to firm up Pulse’s balance sheet and allowing Pulse the opportunity to pursue the...

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Cameco Announces $400 Million Debenture Offering by Private Placement and Intention to Redeem Series E Debentures

                                                           NOT FOR DISTRIBUTION IN THE UNITED STATES OR DISSEMINATION THROUGH U.S. NEWS OR WIRE SERVICESSASKATOON, Saskatchewan, Oct. 16, 2020 (GLOBE NEWSWIRE) — Cameco (TSX: CCO; NYSE: CCJ) announced today that it has priced a private placement of senior unsecured debentures (the “Offering”) consisting of $400 million principal amount of 2.95% Senior Unsecured Debentures, Series H maturing on October 21, 2027 (the “Series H Debentures”). The closing of the Offering is expected to take place on October 21, 2020.Cameco intends to use the net proceeds of the Offering to redeem, upon closing of the Offering, all of its outstanding 3.75% Senior Unsecured Debentures, Series E due November 14, 2022 (the “Series E Debentures”).“Consistent with the conservative financial management we have...

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CHAR Technologies Closes Private Placement

NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATESTORONTO, Oct. 16, 2020 (GLOBE NEWSWIRE) — CHAR Technologies Ltd. (“CHAR Technologies” or the “Company”) (TSX Venture Exchange: YES) is pleased to announce that it has completed the non-brokered private placement (the “Offering”) described in its news release of October 5, 2020. In connection with the closing of the Offering, the Company issued an aggregate of 6,950,000 common shares in the capital of the Company (“Shares”) at a price of CDN$0.10 per Share for gross proceeds of CDN$695,000.“The offering had an exceptional response, and was oversubscribed,” said Andrew White, CEO. There were a total of 29 participants in the offering, including all seven Directors and all of the Senior Management team.One of the...

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Northern California National Bank Announces 2020 Third Quarter Results

CHICO, Calif., Oct. 16, 2020 (GLOBE NEWSWIRE) — Northern California National Bank (OTC markets: NCNB) reported net income of $2,671,000 for the nine months ending September 30, 2020. This is an 18% increase in net income from the $2,262,000 earned in the first nine months of 2019.Financial Highlights for the quarter ended September 30, 2020Total assets were $312.0 million at September 30, 2020, an 18% increase from the September 30, 2019 balance of $265.0 million.Gross Loans totaled $143.0 million, up 38% from $104.0 million a year ago.Deposits increased 16% to a balance of $275.9 million at September 30, 2020 versus a balance of $238.2 million in 2019.Total shareholder’s equity increased from $25.5 million at September 30, 2019 to $29.4 million in 2020.The book value per common share was $20.39 at September 30, 2020 compared to $17.81...

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Transocean Ltd. Receives NYSE Continued Listing Standard Notice

STEINHAUSEN, Switzerland, Oct. 16, 2020 (GLOBE NEWSWIRE) — Transocean Ltd. (NYSE: RIG) announced today that it received formal notice from the New York Stock Exchange (the “NYSE”) of non-compliance with NYSE continued listing standards. Transocean received the notice because the average closing price of its shares fell below the minimum of $1.00 per share during a consecutive 30 trading-day period. The Company is in compliance with all other NYSE continued listing standards.Transocean intends to cure the deficiency and regain compliance with NYSE’s listing standard. In general, the NYSE rules provide a period of six months from the date of the formal NYSE notice to regain compliance with the minimum share price criteria. Compliance with the NYSE listing standard can be attained at any time during the six-month cure period if a company’s...

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Freddie Mac Completes First Single-Family Credit Risk Transfer Offering Indexed to SOFR

McLEAN, Va., Oct. 16, 2020 (GLOBE NEWSWIRE) — Freddie Mac (OTCQB: FMCC) announced today that it has priced its $1.086 billion STACR REMIC 2020-DNA5 offering, its first Single-Family credit risk transfer (CRT) offering tied to the Secured Overnight Financing Rate (SOFR).“As a member of the Alternative Reference Rates Committee (ARRC) Freddie Mac has been a leader in the shift from LIBOR to SOFR,” said Freddie Mac’s Mike Reynolds, Vice President, Single-Family CRT. “SOFR has multiple benefits to our CRT investors and Freddie Mac. The transaction volumes underlying SOFR are increasing across different fixed income products, and now CRT is in that category.”STACR REMIC 2020-DNA5 is structured to use 30-day average SOFR published daily by the Federal Reserve Bank of New York as the reference rate, with a determination date of two business...

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Athabasca Minerals Announces TSXV Final Approval of Security Based Compensation Plans

CALGARY, Alberta, Oct. 16, 2020 (GLOBE NEWSWIRE) — Athabasca Minerals Inc. (“Athabasca” or the “Corporation”) (TSXV:AMI) announces that the TSX Venture (“TSXV”) has provided final approval of the Corporation’s security based compensation plans.At the Athabasca’s Annual and Special Meeting on September 22, 2020, shareholders pre-approved AMI’s security-based compensation program, including the Stock Option Plan, the Deferred Share Unit Plan (“DSU Plan”), the Restricted Share Unit Plan (“RSU Plan”) and the Employee Share Purchase Plan (“ESP Plan”). Details on these compensation arrangements are available in AMI’s 2020 Management Information Circular on Athabasca’s website (www.athabascaminerals.com) or on SEDAR (www.sedar.com).According to the security-based compensation program, on the grant date, the number of share-units issued...

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Advance Notice of Third Quarter Financial Results for Shell Midstream Partners, L.P.

Houston, Oct. 16, 2020 (GLOBE NEWSWIRE) — Shell Midstream Partners, L.P.’s Third Quarter Earnings Conference Call will be held Friday, October 30 at 10:00am CST. Shell Midstream Partners’ participants will be Kevin Nichols, President and Chief Executive Officer, Shawn Carsten, Chief Financial Officer and Steve Ledbetter, VP Commercial.Financial information, including the earnings release, will be released before markets open on Friday, October 30th. Interested parties may listen to the conference call on the partnership’s website at www.shellmidstreampartners.com by clicking on the “2020 Third Quarter Financial Results” link in the “Events & Conference” section. A replay of the webcast will be posted on the partnership’s website following the event.###About Shell Midstream Partners, L.P.Shell Midstream...

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Globus Medical Schedules Third Quarter 2020 Earnings Release and Conference Call

AUDUBON, Pa., Oct. 16, 2020 (GLOBE NEWSWIRE) — Globus Medical, Inc. (NYSE:GMED), a leading musculoskeletal solutions company, will announce its financial results for the third quarter ended September 30, 2020 after the market close on Wednesday, October 28, 2020. A copy of the release will be available on the Globus Medical website at www.globusmedical.com/investors.Following the announcement, Globus Medical will hold a teleconference to discuss its performance with the investment community at 4:30 p.m. Eastern Time. Globus invites all interested parties to join the call by dialing:1-855-533-7141 United States Participants1-720-545-0060 International ParticipantsThere is no passcode for the teleconference.For interested parties who do not wish to ask questions, the teleconference will be webcast and may be accessed through a link...

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Canadian GoldCamps Corp. Acquires Central Newfoundland Gold Belt Licenses; Appoints Keats as Advisor

TORONTO, Oct. 16, 2020 (GLOBE NEWSWIRE) — Canadian GoldCamps Corp. (“Canadian GoldCamps”, or the “Company”) (CSE: CAMP) (FSE: A68) is pleased to announce that it has entered into an agreement to acquire a 100% interest in seven highly prospective mineral licenses, comprising 3,025 acres adjacent to and surrounding the western border of New Found Gold Corp.’s Queensway Project in the province of Newfoundland and Labrador, Canada.Alex Terentiew, President & CEO commented “I am excited to announce our first acquisition as Canadian GoldCamps. Our vision at the outset has been to build Canadian GoldCamps into a premier Canadian critical mass gold exploration and development platform for investors seeking exposure to the best opportunities from top-tier management that the next generation of Canadian gold...

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