Day: December 8, 2020

PLYMOUTH MEETING, Pa., Dec. 08, 2020 (GLOBE NEWSWIRE) — AMREP Corporation (NYSE: AXR) today reported net income of $798,000, or $0.10 per share, for its 2021 fiscal second quarter ended October 31, 2020 compared to a net loss of $2,169,000, or $0.27 per share, for the same period of the prior year. For the first six months of 2021, AMREP had net income of $1,391,000, or $0.17 per share, compared to a net loss of $2,365,000, or $0.29 per share, for the same period of 2020. During the second quarter of 2020, AMREP recognized a non-cash pre-tax settlement charge of $2,929,000 due to AMREP’s defined benefit pension plan paying certain lump sum payouts of pension benefits to former employees.AMREP Corporation, through its subsidiaries, is a major holder of land and leading developer of real estate in New Mexico.        FINANCIAL HIGHLIGHTSAMREP...

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATESOAKVILLE, Ontario, Dec. 08, 2020 (GLOBE NEWSWIRE) — Saint Jean Carbon Inc. (“Saint Jean” or the “Company”) (TSX-V: SJL) announces that the Alberta Securities Commission (the “ASC”) has concluded a Settlement Agreement with the Company, in connection with two news releases issued by the Company in February and March 2017. The shares of the Company are listed for trading under the symbol “SJL” on the TSX Venture Exchange.In the Settlement Agreement, the Company admitted to misrepresentations in breach of Alberta securities laws by making misleading, untrue or incomplete statements in the two news releases. The Company acknowledged that these misrepresentations would reasonably be expected to have a significant effect on the market price or value...

NEW YORK, NY, Dec. 08, 2020 (GLOBE NEWSWIRE) — Megalith Financial Acquisition Corp. (the “Company” or “MFAC”) (NYSE: MFAC, MFAC.W, MFAC.U), a special purpose acquisition company, announced today that it will voluntarily delist from The New York Stock Exchange (“NYSE”) and simultaneously transfer to the NYSE American LLC (“NYSE American”), where the Company has been simultaneously approved for listing. The Company’s decision to voluntarily delist and transfer to the NYSE American was driven by a number of factors, including more favorable thresholds for continued listing on the NYSE American. Following the transfer, the Company will continue to file the same periodic reports and other information it currently files with the Securities and Exchange Commission (the “SEC”).  The Company anticipates the transfer to the NYSE American to...

Total First Nine Months of Fiscal 2020 Revenues of $8.4 million; $1.5 million Net Income; Adjusted EBITDA ($1.7 million)Atlanta, GA, Dec. 08, 2020 (GLOBE NEWSWIRE) — Streamline Health Solutions, Inc. (NASDAQ: STRM), provider of the eValuator™ Revenue Integrity Program to help healthcare providers proactively address revenue leakage and compliance exposure, today announced financial results for the third quarter and first nine months of fiscal 2020, which ended October 31, 2020.Total revenues for the third quarter of fiscal 2020 were $2.6 million, compared to $3.5 million in the prior year period. SaaS revenue was up $287,000, or 48%, compared to the same quarter a year ago. The total revenue decline during the period was primarily attributable to one-time perpetual revenue during the third quarter of 2019 and lower professional...

ATLANTA, Dec. 08, 2020 (GLOBE NEWSWIRE) — UPS (NYSE:UPS) today announced the appointment of DuPont Chief Human Resources Officer Darrell Ford to the position of UPS Chief Human Resources Officer. Charlene Thomas, UPS’s current Chief Human Resources Officer, will assume the role of Chief Diversity, Equity and Inclusion Officer, a new position on the company’s Executive Leadership Team. Both appointments are effective January 1, 2021.“Darrell is a proven leader with a track record of excellence in H.R. strategies, systems and processes that are critical to a company’s success,” said UPS Chief Executive Officer Carol Tomé. “As we continue to transform the role of H.R. and how it supports our business, Darrell’s expertise and experience will advance our efforts to optimize talent, and drive a global culture focused on purpose and service...

MITCHEL FIELD, N.Y., Dec. 08, 2020 (GLOBE NEWSWIRE) — Frequency Electronics, Inc. (NASDAQ: FEIM), will hold a conference call to discuss results for its second quarter of its fiscal year 2021, ended October 31, 2020, on Thursday, December 10, 2020, at 4:30 PM Eastern Time.This call is being webcast by Webcast@issuersdirect.com and can be accessed in the Investor Relations section of Frequency’s web site at www.freqelec.com. Investors and analysts may also access the call by dialing 877-407-9205. International callers may dial 201-689-8054. Ask for the Frequency Electronics conference call.A telephone replay of the archived call will be available at 877-481-4010 (domestic), or 919-882-2331 (international), for one week following the call (replay passcode: 39123). Subsequent to that, the call can be accessed via a link available on...

Los Angeles, Dec. 08, 2020 (GLOBE NEWSWIRE) — CurrencyWorks Inc. (“CurrencyWorks” or the “Company”) (TSXV and OTCQB: CWRK), a publicly-traded company that builds and operates FinTech platforms for Digital Currencies, Security Tokens and Digital Assets that are designed to reduce operational costs, increase transactions plus liquidity and drives user engagement, announces that, at the request of OTC Market, it confirms that the Company’s management is unaware of any material change in the Company’s operations that would account for the recent increase in market activity. The Company further confirms it was not aware of the promotional material that had been circulated by Penny Picks on December 3, 2020 until the OTC Markets brought it to the Company’s attention the same day.In addition, the Company also confirms the following:The...

– Acquisition bolsters the Corporation’s technology and product portfolios to execute on overall renewable gas vision and launch of global hydrogen strategy –NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATESALL FIGURES IN CANADIAN DOLLARS UNLESS OTHERWISE STATEDKey Transaction HighlightsLaunching hydrogen strategy with the approximately $155.9 million strategic acquisition of HyGear, a Dutch-based leader in onsite hydrogen generation solutions for industrial and fuel cell electric vehicle refueling applicationsAcquisition of leading small-scale steam methane reforming (“SMR”) technology and a reference base of 66 active hydrogen generation installations worldwide to accelerate entry into the fast-growing hydrogen fuel marketCombining Xebec’s renewable natural gas (“RNG”) and...