Day: December 8, 2020

VANCOUVER, British Columbia, Dec. 08, 2020 (GLOBE NEWSWIRE) — Prosper Gold Corp. (“Prosper Gold” or the “Company“) (TSXV:PGX) announces that it intends to offer, on a non-brokered private placement basis, up to 6,111,111 units of the Company (the “Units”) at a price of $0.90 per Unit (the “Issue Price”) for gross proceeds to the Company of up to approximately $5,500,000 (the “Offering”). There is no minimum offering amount.Each Unit will consist of one common share of the Company (each, a “Common Share”) and one-half of one common share purchase warrant (each whole common share purchase warrant, a “Warrant”). Each Warrant will entitle the holder to acquire one common share of the Company at a price of $1.35 until the date that is 24 months following completion of the Offering.In the event that Prosper Gold’s...

MCLEAN, Va., Dec. 08, 2020 (GLOBE NEWSWIRE) — GTT Communications, Inc. (NYSE: GTT), a leading global cloud networking provider to multinational clients, today announced that Chief Financial Officer Steven Berns has stepped down from his role as CFO. The company has appointed Donna Granato, previously Senior Vice President of Finance, as interim Chief Financial Officer.Mr. Berns has agreed to remain available as a resource for the company through January 31, 2021.GTT Interim CEO Ernie Ortega said, “We greatly appreciate Steven’s partnership, expertise, leadership and many contributions navigating GTT through this critical time. We thank Steven for his dedication to GTT and his support through the transition. I wish him the best in his future endeavors.“We are very fortunate and pleased to have Donna provide her expertise and leadership...

NASHVILLE, Tenn., Dec. 08, 2020 (GLOBE NEWSWIRE) — SmileDirectClub, Inc. (Nasdaq: SDC), the oral care company with the first telehealth platform for teeth straightening, today announced it has secured a second patent from the United States Patent & Trademark Office (”USPTO”) for its SmileShop retail concept and digital methodology for the delivery of clear aligner treatment to consumers. The patent, U.S. Patent No. 10,861,599, further strengthens protection for SmileDirectClub’s groundbreaking method for bringing affordable, accessible oral care to more people through its telehealth platform. The patent further ensures no clear aligner competitor will be able to duplicate SmileDirectClub’s unique model for 18 years.“SmileDirectClub’s digital, customer-centric clear aligner process is the future of orthodontia, and we are pleased...

CHANDLER, Ariz., Dec. 08, 2020 (GLOBE NEWSWIRE) — Microchip Technology Incorporated, a leading provider of smart, connected and secure embedded control solutions, announced today that the Company will present at the Raymond James technology Investors Conference on Wednesday, December 9, 2020, at 3:20 p.m. (Eastern Time). Presenting for the Company will be Mr. Eric Bjornholt, Senior Vice President and Chief Financial Officer. A live webcast of the presentation will be made available by Raymond James, and can be accessed on the Microchip website at www.microchip.com.Any forward looking statements made during the presentation are qualified in their entirety by the discussion of risks set forth in the Company’s Securities and Exchange Commission filings. Copies of SEC filings can be obtained for free at the SEC’s website...

MIAMI BEACH, Fla., Dec. 08, 2020 (GLOBE NEWSWIRE) — The Herzfeld Caribbean Basin Fund, Inc. (NASDAQ: CUBA) (the “Fund”) today announced its quarterly distribution pursuant to the Fund’s managed distribution policy (the “MDP”) and reported the results of its 2020 Annual Meeting of Stockholders.Quarterly Distribution:The Fund today declared the following distribution pursuant to the MDP:The primary purpose of the MDP is to provide stockholders with a constant, but not guaranteed, fixed minimum rate of distribution each quarter (currently set at the annual rate of 15% of the Fund’s net asset value as determined on March 31, 2020 and payable in quarterly installments). The Fund cannot predict what effect, if any, the MDP will have on the market price of its shares or whether such market price will reflect a greater or lesser discount...

MONTREAL, Dec. 08, 2020 (GLOBE NEWSWIRE) — NanoXplore Inc. (“NanoXplore” or the “Corporation”) (TSX-V: GRA and OTCQX: NNXPF) is pleased to announce that on December 8, 2020, it received a notice of conversion from BDC Capital Inc. (“BDC Capital”) of its 10,000 convertible unsecured subordinated debentures of the Corporation bearing interest at 8% per annum, for an aggregate principal amount of $10,000,000 (the “Debentures”).The Debentures were converted into common shares of the Corporation at a price of $1.84 per common share, resulting in the issuance of 5,434,782 common shares of the Corporation. Following the conversion, BDC Capital now owns 10,819,397 common shares of NanoXplore, representing 7.41% of its total outstanding shares.Soroush Nazarpour, President and CEO of NanoXplore, commented:“We are pleased to have...

MONTRÉAL, 08 déc. 2020 (GLOBE NEWSWIRE) — NanoXplore Inc. (« NanoXplore » ou la « Société ») (TSX-V: GRA et OTCQX: NNXPF) est heureuse d’annoncer que le 8 décembre 2020, elle a reçu de BDC Capital Inc. (« BDC Capital ») un avis de conversion de ses 10 000 débentures subordonnées convertibles non garanties de la Société portant intérêt au taux de 8% par année, pour un montant total de 10 000 000 $ (les « Débentures »).Les Débentures ont été converties en actions ordinaires de la Société au prix de 1,84 $ l’action, donnant lieu à l’émission de 5 434 782 actions ordinaires de la Société. Suivant la conversion, BDC Capital détient dorénavant 10 819 397 actions ordinaires de NanoXplore, représentant 7,41% du total de ses actions en circulation.Soroush Nazarpour, président et chef de la direction de NanoXplore, a commenté:« Nous...

MIAMI, Dec. 08, 2020 (GLOBE NEWSWIRE) — International Money Express, Inc. (NASDAQ: IMXI) (the “Company”) (Intermex), a leading money remittance services company, today announced the appointment of Ernesto Luciano as the company’s new general counsel and chief compliance officer. Ernesto will be assuming the administrative and compliance responsibilities from Jose Perez-Villarreal, the Company’s current chief administrative and compliance officer who will be retiring later this month.Chairman, Chief Executive Officer and President Bob Lisy said, “Ernesto Luciano brings a strong background of extensive experience with cross-border transactions, intellectual property, software licensing and technology law, dealing with multi-million dollar commercial agreements.” Lisy added, “Ernesto’s experience working on business development and...

TAMPA, Fla., Dec. 08, 2020 (GLOBE NEWSWIRE) — BRP Group, Inc. (“BRP” or the “Company”) (NASDAQ: BRP) today announced the proposed underwritten offering of shares of its Class A common stock.In addition, BRP also announced that it continues to have a strong partnership pipeline and currently expects to close in 2021 Partner acquisitions generating total annualized revenue of approximately $120 million to $150 million, approximately 90% of which is anticipated to close in the second, third and fourth quarters of 2021.BRP intends to use a portion of the net proceeds from the sale of the shares of Class A common stock offered in the offering to purchase newly issued membership interests of Baldwin Risk Partners, LLC (“LLC Units”) from its operating subsidiary Baldwin Risk Partners, LLC. Baldwin Risk Partners, LLC intends to use the...

NEW YORK, Dec. 08, 2020 (GLOBE NEWSWIRE) — Seaport Global Acquisition Corp. (the “Company”) announced today that, commencing December 9, 2020, holders of the 14,375,000 units sold in the Company’s initial public offering may elect to separately trade the shares of the Company’s Class A common stock and warrants included in the units. Class A common stock and warrants that are separated will trade on the Nasdaq Capital Market under the symbols “SGAM” and “SGAMW,” respectively. No fractional warrants will be issued upon separation of the units and only whole warrants will trade. Those units not separated will continue to trade on the Nasdaq Capital Market under the symbol “SGAMU.” Holders of units will need to have their brokers contact Continental Stock Transfer & Trust Company, the Company’s transfer agent, in order to...