Day: December 17, 2020

MARKHAM, Ontario, Dec. 17, 2020 (GLOBE NEWSWIRE) — Extendicare Inc. (“Extendicare” or the “Company”) (TSX: EXE) announced that it has declared a cash dividend of C$0.04 per common share of the Company (the “Common Share”) for the month of December 2020, which is payable on January 15, 2021 to shareholders of record at the close of business on December 31, 2020. This dividend is designated as an “eligible dividend” within the meaning of the Income Tax Act (Canada).About ExtendicareExtendicare is a leading provider of care and services for seniors across Canada, operating under the Extendicare, Esprit Lifestyle, ParaMed, Extendicare Assist, and SGP Purchasing Partner Network brands. We are committed to delivering quality care throughout the health continuum to meet the needs of a growing seniors population. We operate or provide contract...

VANCOUVER, British Columbia, Dec. 17, 2020 (GLOBE NEWSWIRE) — Novo Resources Corp. (“Novo” or the “Company”) (TSX-V: NVO & NVO.WT; OTCQX: NSRPF) is pleased to announce that it has received conditional approval from the Toronto Stock Exchange (the “TSX”) to graduate from the TSX Venture Exchange (the “TSXV”) and list its common shares and certain common share purchase warrants (the “Warrants”) on the TSX.Final approval of the listing is subject to the Company fulfilling the TSX’s standard listing conditions. Upon, and subject to, receipt of final TSX approval, Novo’s common shares and Warrants would be delisted from the TSXV and begin trading on the TSX under the symbols “NVO” and “NVO.WT”, respectively.The Company’s common shares will continue to be listed on the OTCQX under the symbol “NSRPF”.“This is a significant milestone...

VANCOUVER, British Columbia, Dec. 17, 2020 (GLOBE NEWSWIRE) — Skyharbour Resources Ltd. (TSX-V: SYH) (OTCQB: SYHBF) (Frankfurt: SC1P) (the “Company”) announces that it has closed a non-brokered private placement financing for total gross proceeds of CAD $1,461,640.32 (the “Private Placement”). The majority of the Private Placement was subscribed for by a strategic institutional investor.The Company has allotted and issued 6,090,168 units (the “Units”) at a price of CAD $0.24 per Unit. Each Unit is comprised of one flow-through common share and one-half of one warrant (each whole, a “Warrant”). Each Warrant will entitle the holder to purchase one non-flow through common share for a period of three (3) years at a price of CAD $0.35 per share. In addition, the Company has paid finder’s fees of $70,000 and issued 291,667 finder’s warrants...

TORONTO, Dec. 17, 2020 (GLOBE NEWSWIRE) — Alamos Gold Inc. (TSX:AGI; NYSE:AGI) (“Alamos” or the “Company”) is pleased to announce that it has completed an agreement to acquire Trillium Mining Corp. (“Trillium”) for cash consideration of C$25 million. Trillium holds a large land package comprised of 5,418 hectares (“ha”) directly adjacent to, and along strike from the Island Gold Deposit within the Michipicoten Greenstone Belt.The acquisition has significantly expanded the Company’s land package around the Island Gold mine to 14,929 ha, a 57% increase (see Figures 1 and 2). This newly acquired land includes significant exploration potential in proximity to existing high-grade Mineral Resources and regionally.Near Island Gold mine exploration potentialBased on the current geological interpretation of the E1E structure which hosts...

WAUWATOSA, Wis., Dec. 17, 2020 (GLOBE NEWSWIRE) — On December 17, 2020, the Board of Directors of Waterstone Financial, Inc. (NASDAQ: WSBF) declared a first quarter 2021 dividend of $0.20 per common share, an increase of 66% from the quarterly dividend rate paid in 2020. The dividend is to be paid on February 2, 2021, to shareholders of record at the close of business on January 11, 2021.“Waterstone continues to demonstrate an ability to generate strong financial results, as well as maintain our strong financial condition,” said Doug Gordon, CEO of Waterstone Financial, Inc. “We are well-positioned to continue to execute at a high level, and I am pleased to announce that we are increasing our quarterly dividend by 66%. Our dedication to a robust dividend payout ratio demonstrates our commitment to delivering shareholder...

Retires debt under existing facility and replaces with a new facilitySubstantially achieves liquidity strategic initiativeIRVING, Texas, Dec. 17, 2020 (GLOBE NEWSWIRE) — Exela Technologies, Inc. (“Exela”) (NASDAQ: XELA), a location-agnostic global business process automation leader, announced that it has entered into a 5-year, $145 million term loan facility with Angelo Gordon, a global alternative investment firm. The facility provides for an initial funding of approximately $92 million and subject to certain conditions a further funding of approximately $53 million. A portion of the proceeds from the initial funding will be used to retire all debt outstanding under Exela’s accounts receivables securitization facility of approximately $83 million. Liquidity, as determined in accordance with the First Lien Credit Agreement, dated...

OXNARD, Calif., Dec. 17, 2020 (GLOBE NEWSWIRE) — Avocado consumption data from Mission Produce, Inc. (NASDAQ:AVO) (“Mission”), the world leader in sourcing, producing, and distributing fresh avocados, shows that this year is set to be a banner year for the fruit, with the U.S. consuming more avocados in 2020 than ever before. The U.S. is on track to consume 6.25 billion avocados this year, up from just 3.81 billion in 2014, according to shopper data, showing that avocados have become a staple in the U.S. diet and are no longer a luxury fruit. In fiscal 2019, Mission distributed 559 million pounds of avocados, which is 58% more than the closest competitor in terms of volume.Breaking that 6.25 billion number down, the average person in the U.S. will consume about 8.5 pounds of avocados in 2020, up from only seven pounds in 2014. Additionally,...

BRYN MAWR, Pa., Dec. 17, 2020 (GLOBE NEWSWIRE) — Bryn Mawr Trust (BMT), wholly owned by Bryn Mawr Bank Corporation (NASDAQ: BMTC), announced today the launch of its newly redesigned website, bmt.com. The new site features a crisp, clean, modern design with improved functionality and easy access to personal banking, small business, commercial, wealth management, and insurance services.The redesign is fully responsive and optimized to ensure visitors have a user-friendly, streamlined experience across all digital platforms and devices. Some of the new features the site enhancements include are:Category breakouts to help better navigate through the website with visitor needs in mind, including personal, small business, commercial, wealth management, insuranceBMT’s Investor Relations site is integrated to deliver an all-in-one...

WESTFORD, Mass., Dec. 17, 2020 (GLOBE NEWSWIRE) — Kadant Inc. (NYSE: KAI) was included in Fortune’s 2020 list of the 100 fastest-growing companies in the world. In its debut appearance on the list, Kadant was ranked by Fortune as one of the world’s best three-year performers in revenue growth, EPS growth, and annualized total return for the period ending June 30, 2020. To be eligible, companies must trade on a U.S. stock exchange and report results in U.S. dollars, among other qualification criteria.“We are delighted to be recognized as one of the top 100 fastest-growing companies, especially while the pandemic continues to present challenges to our global economy. This recognition is indicative of our continued focus on executing our growth strategies through technology innovation and our strong commitment to our customers,” said...