Day: October 22, 2020

Kimball Electronics, Inc. Announces Live Webcast of First Quarter Fiscal Year 2021 Financial Results Conference Call

JASPER, Ind., Oct. 22, 2020 (GLOBE NEWSWIRE) — Kimball Electronics, Inc. (Nasdaq: KE) will announce its first quarter fiscal year 2021 financial results on Tuesday, November 3, 2020 after the closing of the market.The company will hold a conference call and live webcast to review the results on Wednesday, November 4, 2020, at 10:00 a.m. Eastern Time.The telephone number to access the conference call is 800-992-4934 or internationally at 937-502-2251. Please reference conference ID 7190817.  The live webcast of the conference call can be accessed at investors.kimballelectronics.com/events-and-presentations.For those unable to participate in the live webcast, the call will be archived at investors.kimballelectronics.com/events-and-presentations.About Kimball Electronics, Inc.Kimball Electronics is a multifaceted manufacturing solutions...

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Clarus Corporation Withdraws Proposed Registered Offering of Convertible Senior Notes

SALT LAKE CITY, Oct. 22, 2020 (GLOBE NEWSWIRE) — Clarus Corporation (Nasdaq: CLAR) (“Clarus,” “Company,” “we,” “us” or “our”) today announced that, as a result of equity capital markets volatility it has decided not to proceed with its previously announced proposed registered offering of convertible senior notes due 2026 in the aggregate amount of $85 million.Management determined that, because the proposed transaction was opportunistic in nature and the terms and conditions offered to Clarus did not meet its expectations or recognize the future value expected for Clarus stockholders, it was inadvisable to proceed with the offering at this time.This press release shall not constitute an offer to sell nor the solicitation of an offer to buy the notes or any securities. There can be no assurance if or when Clarus may offer any such...

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Arrow Exploration Announces Bridge Loan

CALGARY, Alberta, Oct. 22, 2020 (GLOBE NEWSWIRE) — ARROW Exploration Corp. (“Arrow” or the “Company”) (TSXV:AXL) announces that its subsidiary, Carrao Energy S.A. (“Carrao”), has entered into an agreement with respect to a bridge loan (the “Bridge Loan”), the proceeds of which will assist the Company in meeting its near-term financial obligations and provide it with additional working capital as it moves towards the anticipated closing of the sale (the “Transaction”) of the LLA-23 Block (please refer to the Company’s press release of August 24, 2020).The key terms of the Bridge Loan are summarized below.The Bridge Loan is in the amount of US$500,000, and has been provided by Colombia Energy Development Co. (“CEDCO”), an affiliate of COG Energy Ltd., which is the purchaser of the LLA-23 Block;The Bridge Loan provides the Company...

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Investar Holding Corporation Announces 2020 Third Quarter Results

BATON ROUGE, La., Oct. 22, 2020 (GLOBE NEWSWIRE) — Investar Holding Corporation (NASDAQ: ISTR) (the “Company”), the holding company for Investar Bank, National Association (the “Bank”), today announced financial results for the quarter ended September 30, 2020. The Company reported net income of $4.5 million, or $0.41 per diluted common share, for the third quarter of 2020, compared to $4.3 million, or $0.39 per diluted common share, for the quarter ended June 30, 2020, and $4.7 million, or $0.46 per diluted common share, for the quarter ended September 30, 2019.On a non-GAAP basis, core earnings per diluted common share for the third quarter of 2020 were $0.35 compared to $0.32 for the quarter ended June 30, 2020 and $0.48 for the quarter ended September 30, 2019. Core earnings exclude certain non-operating items including, but...

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NAV CANADA announces year-end financial results

OTTAWA, Oct. 22, 2020 (GLOBE NEWSWIRE) — NAV CANADA today released its financial results for the year ended August 31, 2020.In fiscal 2020, the Company’s air traffic levels decreased 34.1% on a year over year basis, as measured in weighted charging units, as a result of the COVID-19 pandemic. The Company’s revenue for fiscal 2020 was $1,000 million, compared to $1,437 million in fiscal 2019.The COVID-19 pandemic and the resulting economic contraction has had, and is expected to continue to have, a significant negative impact on global air traffic and on the aviation industry. NAV CANADA has seen the number of air traffic movements decline since March 2020 as a result of a decline in passenger demand given COVID-19 concerns, travel restrictions imposed by governments, the closing of international borders and the economic impact of...

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NAV CANADA annonce ses résultats financiers de fin d’exercice

OTTAWA, 22 oct. 2020 (GLOBE NEWSWIRE) — NAV CANADA a annoncé aujourd’hui ses résultats financiers pour l’exercice terminé le 31 août 2020.Au cours de l’exercice 2019-2020, les niveaux de trafic aérien de la Société, mesurés en unités de redevance pondérées, ont diminué de 34,1 % par rapport à l’exercice précédent, en raison de la pandémie de COVID-19. Les produits de la Société pour l’exercice 2019-2020 totalisent 1 000 millions de dollars, comparativement à 1 437 millions de dollars pour l’exercice 2018-2019.La pandémie de COVID-19 et la contraction de l’économie qui s’en est suivie ont nui et devraient continuer de nuire considérablement à la circulation aérienne mondiale et au secteur de l’aviation. NAV CANADA a constaté que le nombre de mouvements d’aéronefs s’est amenuisé depuis mars 2020 en raison d’une baisse de la demande...

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Euro Manganese kündigt Privatplatzierung an

NICHT ZUR VERTEILUNG AN NACHRICHTENAGENTUREN DER VEREINIGTEN STAATEN ODER ZUR VERBREITUNG IN DEN VEREINIGTEN STAATENPrivatplatzierung in Höhe von 11,4 Millionen CAD (12,0 Millionen AUD) überzeichnet, bei hoher Beteiligung institutioneller AnlegerEuro Manganese wird den Auftrag für die Demonstrationsanlage unverzüglich erteilenVANCOUVER, British Columbia, Oct. 23, 2020 (GLOBE NEWSWIRE) — Euro Manganese Inc. (TSX-V / ASX: EMN) (das „Unternehmen“ oder „EMN“) freut sich, eine Privatplatzierung zur Kapitalbeschaffung (das „Angebot“) über 1.933.246 Stammaktien („Aktien“) und 58.066.754 CHESS Depositary Interests („CDIs“, wobei jedes CDI einer Aktie entspricht) zu einem Preis von 0,19 CAD pro Aktie bzw. 0,20 AUD pro CDI anzukündigen, womit ein Gesamtbruttoerlös von etwa 11,4 Millionen CAD (12,0 Millionen AUD) erzielt werden soll (das „Angebot“)....

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Heritage Commerce Corp Declares Regular Quarterly Cash Dividend of $0.13 Per Share

SAN JOSE, Calif., Oct. 22, 2020 (GLOBE NEWSWIRE) — Heritage Commerce Corp (Nasdaq: HTBK), the holding company for Heritage Bank of Commerce, today announced that its Board of Directors declared its regular quarterly cash dividend of $0.13 per share to holders of common stock. The dividend will be payable on November 20, 2020, to shareholders of record at close of business day on November 6, 2020.Heritage Commerce Corp, a bank holding company established in October 1997, is the parent company of Heritage Bank of Commerce, established in 1994 and headquartered in San Jose, CA with full-service branches in Danville, Fremont, Gilroy, Hollister, Livermore, Los Altos, Los Gatos, Morgan Hill, Palo Alto, Pleasanton, Redwood City, San Francisco, San Jose, San Mateo, San Rafael, Sunnyvale, and Walnut Creek. Heritage Bank of Commerce is an...

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Goosehead Insurance, Inc. to Report Third Quarter 2020 Results on Thursday, October 29, 2020

WESTLAKE, Texas, Oct. 22, 2020 (GLOBE NEWSWIRE) — Goosehead Insurance, Inc. (“Goosehead” or the “Company”) (NASDAQ: GSHD), announced that it will report its third quarter 2020 results after the market close on Thursday, October 29, 2020.The company will hold a conference call to discuss results at 4:30 PM ET on that day. The dial-in number for the conference call is (800) 920-2191 (toll-free) or (212) 231-2927 (international). Please dial the number 10 minutes prior to the scheduled start time. A live webcast of the conference call will also be available on Goosehead’s investor relations website at http://ir.gooseheadinsurance.com.A webcast replay of the call will be available at http://ir.gooseheadinsurance.com for one year following the call.About GooseheadGoosehead (NASDAQ: GSHD) is a rapidly growing and innovative independent...

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Heritage Commerce Corp Reports Earnings of $11.2 Million for the Third Quarter of 2020

SAN JOSE, Calif., Oct. 22, 2020 (GLOBE NEWSWIRE) — Heritage Commerce Corp (Nasdaq: HTBK), the holding company (the “Company”) for Heritage Bank of Commerce (the “Bank”), today announced third quarter 2020 net income of $11.2 million, or $0.19 per average diluted common share, compared to $11.3 million, or $0.26 per average diluted common share, for the third quarter of 2019, and $10.6 million, or $0.18 per average diluted common share, for the second quarter of 2020.  For the nine months ended September 30, 2020, net income was $23.7 million, or $0.39 per average diluted common share, compared to $34.8 million, or $0.80 per average diluted common share, for the nine months ended September 30, 2019. All results are unaudited.

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