Day: October 22, 2020

Titanium Transportation Group Will Hold a Conference Call to Discuss its Third Quarter Results

BOLTON, Ontario, Oct. 22, 2020 (GLOBE NEWSWIRE) — Titanium Transportation Group Inc. (“Titanium” or the “Company”) (TSX VENTURE:TTR) is pleased to announce that it will issue its financial results for the third quarter ended September 30, 2020 via news release on Tuesday, November 10, 2020 after market close.The Company will also hold a conference call for analysts and investors with Ted Daniel, President and Chief Executive Officer, on Wednesday, November 11, 2020, at 8:00 a.m. Eastern Time, to discuss these results. Business media are also invited to listen to the call.  Details of the conference call:Date: Wednesday, November 11, 2020Time: 8:00 a.m. Eastern TimeNorth America dial-in number: 1-877-291-4570International dial-in number: 1-647-788-4919A replay of the conference call can be accessed until midnight...

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Provident Bancorp, Inc. Reports Earnings for the September 30, 2020 Quarter and Continues Payment of Quarterly Cash Dividends of $0.03 per Share

AMESBURY, Mass., Oct. 22, 2020 (GLOBE NEWSWIRE) — Provident Bancorp, Inc. (the “Company”) (NasdaqCM: PVBC), the holding company for The Provident Bank (the “Bank”), reported net income for the three months ended September 30, 2020 of $3.2 million, or $0.18 per diluted share, compared to $3.5 million, or $0.19 per diluted share, for the three months ended September 30, 2019. Net income for the nine months ended September 30, 2020 was $7.7 million, or $0.42 per diluted share, compared to $8.3 million, or $0.44 per diluted share, for the nine months ended September 30, 2019. As a result of the completion of the second-step conversion and related stock offering in October 2019, all historical share and per share information has been restated to reflect the 2.0212-to-one exchange ratio.The Company also announced that its Board of Directors...

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Partners Value Investments Inc. Sells a Portion of Its Shares of Trisura Group Ltd.

TORONTO, Oct. 22, 2020 (GLOBE NEWSWIRE) — Partners Value Investments Inc. (the “Company”, TSXV: PVF.WT) today announced that it has entered into an agreement with a syndicate led by TD Securities Inc., BMO Capital Markets and CIBC World Markets to sell 795,000 common shares in the capital of Trisura Group Ltd. (“Trisura”) on a secondary sale basis at a price per share of $86.85 for aggregate gross proceeds to the Company of $69,045,750. The sale is expected to be completed on October 26, 2020.Immediately before the transaction, the Company held 1,808,822 common shares in the capital of the Trisura, representing approximately 17.6% of the issued and outstanding common shares of Trisura as of October 21, 2020. Upon giving effect to the transaction, the Company continues to hold an aggregate of 1,013,822 common shares of Trisura, representing...

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SWM ANNOUNCES CONFERENCE CALL TO DISCUSS THIRD QUARTER 2020 RESULTS

Alpharetta, Oct. 22, 2020 (GLOBE NEWSWIRE) — Schweitzer-Mauduit International, Inc. (NYSE: SWM) will issue a press release announcing the Company’s third quarter 2020 results after the market closes on November 4, 2020 and hold a conference call to discuss results on November 5, 2020. SWM will use a presentation to accompany its conference call. The presentation can be found on the Company’s Web site in advance of the earnings conference call. The presentation can also be accessed via the earnings conference call webcast.In conjunction with the release of SWM’s third quarter earnings, you are invited to listen to the Company’s conference call that will be broadcast live over the Internet.What: SWM’s third quarter earnings conference callWhen: Thursday, November 5, 2020 at 8:30 a.m. Eastern TimeWhere:...

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Timbercreek Financial Declares October 2020 Dividend

TORONTO, Oct. 22, 2020 (GLOBE NEWSWIRE) — Timbercreek Financial (TSX: TF) (the “Company”) is pleased to announce that its board of directors (the “Board”) has declared a monthly cash dividend of $0.0575 per common share (“Common Share”) of the Company to be paid on November 13, 2020 to holders of Common Shares of record on October 30, 2020.The Company also offers a Dividend Reinvestment Plan (the “Plan”), which is eligible to holders of Common Shares and provides a convenient means to purchase additional Common Shares by reinvesting cash dividends at a potential discount and without having to pay commissions, service charges or brokerage fees.Pursuant to the Plan and at the discretion of Timbercreek Capital Inc., the Manager, Common Shares will be acquired in the open market at prevailing prices or issued from treasury at 98 percent...

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Laredo Petroleum Announces the Reaffirmation of the Company’s $725 Million Senior Secured Credit Facility Borrowing Base

TULSA, OK, Oct. 22, 2020 (GLOBE NEWSWIRE) — Laredo Petroleum, Inc. (NYSE: LPI) (“Laredo” or the “Company”) today announced that the borrowing base of the Company’s Senior Secured Credit Facility was reaffirmed at $725 million in association with the semi-annual redetermination process. Additionally, the Company announced the purchase of 2,758 net acres in Howard County, including production of 210 barrels of oil equivalent (“BOE”) per day, for $11.3 million.Senior Secured Credit Facility Highlights (cash balance as of Oct. 19, 2020, includes acquisition payment)Reaffirmed borrowing base and maintained elected commitment of $725 millionReduced current borrowings to $220 million, a decrease from $275 million at June 30, 2020Increased liquidity to $476 million, including cash and cash equivalents...

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Aton President & CEO Updates Investors on Its Plans

VANCOUVER, British Columbia, Oct. 22, 2020 (GLOBE NEWSWIRE) — Aton Resources Inc. (the “Company” or “Aton Resources”) (TSX-V: AAN) is pleased to share an update from its President and CEO Mark Campbell on the Company’s plans.“It is with great pleasure that I finally have something to say to all of our shareholders. It may have seemed to have been a very long road – and it has! But the fact that we have been able to attract a strong financial strategic partner like MEDAF, will prove to be worth the wait.“Now what everyone wants to know is what our plan is going forwards. It has two parts. Firstly, we will get back to the second phase of exploration drilling at Rodruin, which returned excellent results from the first program. We also plan to drill at Abu Gaharish, which we believe has similar geology to the world-class Sukari...

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Hammond Power Solutions Inc. Announces Quarter 3, 2020 Financial Results

(Dollar amounts are in thousands unless otherwise specified)HIGHLIGHTSEarnings increase despite sales decline due to COVID-19Strong gross margin rateEarnings per share up 11% for the quarter and 19% year-to-dateStrong cash flowSolid cash generationQuarterly dividend paid with attractive yieldGUELPH, Ontario, Oct. 22, 2020 (GLOBE NEWSWIRE) — Hammond Power Solutions Inc. (“HPS”) (TSX: HPS.A) a leading manufacturer of dry-type and cast resin transformers and related magnetics, today announced its financial results for the Third Quarter of 2020.THIRD QUARTER RESULTSSales from continuing operations for the quarter-ended September 26, 2020 were $78,115 versus Quarter 3, 2019 sales of $91,502, a decrease of $13,387 or 14.6%. The sales decline was primarily impacted by the negative effect that the COVID-19 global pandemic had on many of...

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Enterprise Bancorp, Inc. Announces Third Quarter 2020 Financial Results

LOWELL, Mass., Oct. 22, 2020 (GLOBE NEWSWIRE) — Enterprise Bancorp, Inc. (NASDAQ: EBTC), parent of Enterprise Bank, announced net income for the three months ended September 30, 2020 of $10.3 million, or $0.87 per diluted share, compared to $9.0 million, or $0.76 per diluted share, for the three months ended September 30, 2019. Net income for the nine months ended September 30, 2020 amounted to $21.6 million, or $1.81 per diluted share, compared to $25.5 million, or $2.15 per diluted share, for the nine months ended September 30, 2019.As previously announced on October 20, 2020, the Company declared a quarterly dividend of $0.175 per share to be paid on December 1, 2020 to shareholders of record as of November 10, 2020.Chief Executive Officer Jack Clancy commented, “Our third quarter results positively reflect our strong participation...

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Goldfield Announces Schedule for Third-Quarter 2020 Earnings Release and Conference Call

MELBOURNE, Fla., Oct. 22, 2020 (GLOBE NEWSWIRE) — The Goldfield Corporation (NYSE American: GV), a leading provider of electrical construction services for the utility industry and industrial customers through its subsidiaries Power Corporation of America (“PCA”), C and C Power Line, Inc., Precision Foundations, Inc., and Southeast Power Corporation, with operations primarily in the Southeast, mid-Atlantic and Texas-Southwest regions of the United States, today announced it will issue third-quarter 2020 financial results after the market closes on Wednesday, November 4. Investors can access the financial results (including any information required by Regulation G) at http://ir.goldfieldcorp.com/financial-results.The Company’s management will host a conference call and webcast to discuss results at 10 a.m. Eastern time on Thursday,...

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