Month: October 2020

Not for distribution to United States newswire services or for dissemination in the United StatesVANCOUVER, British Columbia, Oct. 30, 2020 (GLOBE NEWSWIRE) — Aton Resources Inc. (TSX-V: AAN) (“Aton” or the “Company”) is pleased to announce that it has closed the first tranche of its previously announced non-brokered private placement (see news release dated October 22, 2020) (the “Offering”). In the first tranche, a total of 400,000 units (each a “Unit”) were issued at $0.40 per Unit, for proceeds of $160,000. Each Unit consists of one common share (a “Share”) and one half of a share purchase warrant (each whole warrant a “Warrant”). Each Warrant will entitle the holder to purchase an additional common share at $0.80 for a period of three years from closing.The net proceeds of the Offering will be used to fund further exploration...

Third Quarter HighlightsRevenues Increased 5.7%.Net Income Rises by 14.6%ISELIN, N.J., Oct. 30, 2020 (GLOBE NEWSWIRE) — Middlesex Water Company (“Middlesex” or the “Company”) (NASDAQ:MSEX) a provider of water and wastewater services, today reported diluted earnings per share of $0.72, for the three months ended September 30, 2020, as compared to $0.66 per share in the same period in 2019.Third Quarter ResultsThe Company reported consolidated operating revenues of $39.9 million for the three months ended September 30, 2020, as compared to $37.8 million for the same period in 2019. The $2.2 million increase in operating revenues was largely driven by higher water consumption by our retail and wholesale contract customers in the Middlesex System in New Jersey, customer growth in our Delaware systems and additional non-regulated revenues...

UNIONDALE, N.Y., Oct. 30, 2020 (GLOBE NEWSWIRE) — Flushing Financial Corporation (the “Company”) (Nasdaq: FFIC), the parent holding company for Flushing Bank, announced today that it completed its acquisition of Empire Bancorp, Inc. effective after the close of business on Friday, October 30, 2020. In connection with the acquisition, Empire National Bank was merged with and into Flushing Bank, and all four Empire National Bank branches will open as Flushing Bank branches on their next business day. The full system integration is planned for mid-November. The combined organization will have $8 billion in assets, $6.6 billion in loans, and $5.7 billion in deposits. Former Empire National Bank customers will receive additional information regarding the effects of this integration on their deposit and loan accounts.John R. Buran, President...

SPRINGFIELD, Mo., Oct. 30, 2020 (GLOBE NEWSWIRE) — Paul Mueller Company (OTC: MUEL) today announced earnings for the quarter ended September 30, 2020.  PAUL MUELLER COMPANYSUMMARIZED NOTES TO THE FINANCIAL STATEMENTS(In thousands)A. The chart below depicts the net revenue on a consolidating basis for the three months ended September 30. The chart below depicts the net revenue on a consolidating basis for the nine months ended September 30.The chart below depicts the net revenue on a consolidating basis for the twelve months ended September 30.The chart below depicts the net income on a consolidating basis for the three months ended September 30.The chart below depicts the net income on a consolidating basis for the nine months ended September 30.The chart below depicts the net income on a consolidating basis for the twelve months...

PEARL RIVER, N.Y., Oct. 30, 2020 (GLOBE NEWSWIRE) — Sterling Bancorp (NYSE: STL) (the “Company”), the parent holding company of Sterling National Bank, announced today the closing of its underwritten public offering of $225,000,000 aggregate principal amount of its 3.875% fixed-to-floating rate subordinated notes due 2030 (the “Notes”). Piper Sandler & Co., U.S. Bancorp Investments, Inc. and PNC Capital Markets LLC acted as joint book-running managers for the offering.The Company expects to use the net proceeds of this offering for general corporate purposes, including the repayment of certain outstanding indebtedness.About Sterling BancorpSterling Bancorp, whose principal subsidiary is Sterling National Bank, specializes in the delivery of services and solutions to business owners, their families and consumers within the communities...

DUNMORE, Pa., Oct. 30, 2020 (GLOBE NEWSWIRE) — FNCB Bancorp, Inc. (NASDAQ: FNCB; www.fncb.com), the parent company of Dunmore-based FNCB Bank (the “Bank”), today reported net income of $4.1 million, or $0.20 per basic and diluted share, for the three months ended September 30, 2020, an increase of $1.7 million, or 70.9% from $2.4 million, or $0.12 per basic and diluted share, for the comparable period of 2019. The increase in earnings comparing the third quarters of 2020 and 2019 was primarily due to increases in net interest income and non-interest income, coupled with a reduction in the provision for loan and lease losses. Net income for the nine months ended September 30, 2020 totaled $10.2 million, or $0.50 per basic and diluted share, an increase of $2.6 million, or 34.3%, compared to $7.6 million, or $0.39 per basic and diluted...

VANCOUVER, British Columbia, Oct. 30, 2020 (GLOBE NEWSWIRE) — George Sanders, President of Goldcliff Resource Corporation (“Goldcliff” or the “Company”) (GCN: TSX.V, GCFFF: OTCBB PINKS) reports that it has closed an Offering of 4,720,000 Flow Through Shares at a price of $0.12 per flow through share for gross proceeds of $566,400. Proceeds will be applied to exploration activities at the Company’s 100% owned Ainsworth silver project and at the recently optioned Kettle Valley gold project. Total cash Finders’ Fees (7%) of $22,428 were paid. Company insiders George Sanders and Gary Moore participated in the offering. The shares are subject to a resale restriction of four months from the date of closing.The transactions with Mr. Sanders and Mr. Moore constitute “related party transactions” within the meaning of TSX Venture...

DALLAS, Oct. 30, 2020 (GLOBE NEWSWIRE) — Capital Southwest Corporation (“Capital Southwest,” “CSWC” or the “Company”) (Nasdaq: CSWC), an internally managed business development company focused on providing flexible financing solutions to support the acquisition and growth of middle market businesses, today announced its financial results for the second fiscal quarter ended September 30, 2020.Second Quarter Fiscal Year 2021 Financial HighlightsIn commenting on the Company’s results, Bowen Diehl, President and Chief Executive Officer, stated, “This quarter, we saw strong performance in both the Upper and Lower Middle Market portfolios. Our portfolio appreciated $8.4 million this quarter, increasing NAV per share from $14.95 to $15.36. From an investment rating perspective, our portfolio experienced two loan upgrades and zero...

OTTAWA, Oct. 30, 2020 (GLOBE NEWSWIRE) — ProntoForms Corporation (“ProntoForms” or the “Company”) (TSXV: PFM), the global leader in field-focused low-code application platforms for enterprise, announced today that it has entered a revolving credit facility with Toronto-Dominion Bank (“TD”) for an amount of up to CAD $6 million with a 2-year commitment renewable annually. The facility was partially used to settle the Company’s obligations to BDC Capital Inc. (“BDCC”), a wholly owned subsidiary of the Business Development Bank of Canada.Also, on October 29, 2020, warrants to purchase 4,350,000 common shares of the company were exercised for proceeds of CAD $1,957,500.“We are pleased to have secured a new senior credit facility with TD. This new arrangement reflects the value that has been built in our growing—and increasingly...