Month: December 2020

VANCOUVER, British Columbia, Dec. 17, 2020 (GLOBE NEWSWIRE) — Terra Nova Resources Inc. (CSE: TENO) (the “Company” or “Terra Nova”) is pleased to announced that it has engaged Winning Media LLC (“Winning Media”) to provide investor relations and digital advertising services to the Company. Services to be provided by Winning Media include copywriting and design fees and digital advertising. The engagement of Winning Media will extend for a period of 30 days, to commence when authorized by the Company. Services are expected to commence upon completion of the Company’s previously announced acquisition of WellteQ Limited and CBDS Health Inc. Winning Media will be paid a fee of US$200,000, payable in advance of the initiation of services. Neither Winning Media nor any of its principals currently own any interest, directly or indirectly,...

STAMFORD, Conn., Dec. 17, 2020 (GLOBE NEWSWIRE) — Eagle Bulk Shipping Inc. (NASDAQ: EGLE) (“Eagle Bulk” or the “Company”), one of the world’s largest owner-operators within the Supramax / Ultramax drybulk segment, today announced that it has commenced an underwritten public offering of its common stock. Concurrently with this offering of common stock and by means of a prospectus supplement and accompanying prospectus, the Company is offering to sell its common stock directly to an institutional investor that is a current shareholder, in a registered direct offering in an aggregate amount equal to what is not sold in this offering. The Company intends to use the net proceeds from the offerings to finance the acquisition of modern Ultramax vessels and/or general corporate purposes. In connection with the underwritten public offering,...

– Acquisition fills product gaps in onsite Oxygen and Nitrogen generators for industrial and medical applications, and provides German sales and service network –ALL FIGURES IN CANADIAN DOLLARS UNLESS OTHERWISE STATEDKey Transaction HighlightsExpanding industrial gas product portfolio and Cleantech Service Network with the acquisition of Inmatec, a German-based manufacturer of best-in-class onsite nitrogen and oxygen generatorsAcquiring leading oxygen and nitrogen generation technology with a reference base of over 8,000 installed systems worldwideIncreasing Cleantech Service Network coverage with parts of Europe, the Middle East and Africa through Inmatec’s existing service capabilitiesEntering the German hydrogen and renewable natural gas (RNG) markets, by leveraging Inmatec’s local sales and service teams to reach the country’s...

– Cette acquisition permet de combler une lacune dans les générateurs d’oxygène et d’azote sur place pour les applications industrielles et médicales et d’étendre notre réseau de ventes et de services en Allemagne –SAUF INDICATION CONTRAIRE, TOUS LES CHIFFRES SONT EXPRIMÉS EN DOLLARS CANADIENSFaits saillants de l’opérationExpansion du portefeuille de produits liés aux gaz industriels et du réseau de services de technologies propres grâce à l’acquisition d’Inmatec, société établie en Allemagne qui fabrique les meilleurs générateurs d’azote et d’oxygène sur place de leur catégorieAcquisition d’une technologie de production d’oxygène et d’azote de premier plan intégrée à plus de 8 000 systèmes installés à l’échelle mondialeExpansion du réseau de services de technologies propres dans certaines régions d’Europe, du Moyen-Orient...

STUART, Fla., Dec. 17, 2020 (GLOBE NEWSWIRE) — Seacoast Banking Corporation of Florida (“Seacoast” or the “Company”) (NASDAQ: SBCF) announced that its Board of Directors (the “Board”) has adopted a share repurchase program. Under the repurchase program, which will expire on December 31, 2021, the Company may repurchase, from time to time, up to $100 million of its shares of common stock, representing approximately 6.1% of the Company’s outstanding common stock as of December 16, 2020.The repurchase program permits shares to be repurchased in the open market, by block purchase, in privately negotiated transactions, in one or more transactions from time to time, or pursuant to any trading plan adopted in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934 (the “Exchange Act”). Open market purchases...

LONGUEUIL, Quebec, Dec. 17, 2020 (GLOBE NEWSWIRE) — Reunion Gold Corporation (TSX-V: RGD) (the “Company”) is pleased to announce that Barrick Gold Corporation (“Barrick”) has opted to include the NW Extension Project in Suriname in the Strategic Alliance. The 925 square kilometres NW Extension Project area sits within the Northern Greenstone Belt of Suriname, 60 kilometres to the west-southwest of the capital, Paramaribo, and 70 km northwest of the Rosebel mine (Figure 1).The interpretation of available geophysical data indicates that the large, greenstone belt-scale geological structures associated with gold mineralization at the Rosebel gold deposit extend to the northwest under cover of recent sediments, underlying the project area footprint. To refine this observation and generate targets, the Alliance...

San Antonio, TX, Dec. 17, 2020 (GLOBE NEWSWIRE) — U.S. Global Investors, Inc. (NASDAQ: GROW) (the “Company”), a boutique registered investment advisory firm with longstanding experience in global markets and specialized sectors, is pleased to announce that its All American Equity Fund will merge with the Global Luxury Goods Fund (USLUX). Shareholders approved the merger, which is expected to be reorganized on December 22, 2020.USLUX became the only U.S.-based mutual fund that focuses on the global luxury industry when it made its debut on July 1, 2020. The fund provides investors access to companies around the world that are involved in the design, manufacture and sale of products and services that are not considered to be essential but are highly desirable within a culture or society.“No doubt many people thought it inadvisable to...

HAUPPAUGE, N.Y., Dec. 17, 2020 (GLOBE NEWSWIRE) — Chembio Diagnostics, Inc. (Nasdaq: CEMI), a leading point-of-care diagnostic company focused on infectious diseases, today announced the appointment of David Acheson, M.D. to the Company’s Board of Directors.“We are pleased to welcome David to our Board of Directors. He adds directly applicable expertise in public health and infectious disease management to our leadership team, and we are confident his perspective will contribute meaningfully to our long-term value creation strategy,” said Katherine L. Davis, Chair of Chembio’s Board of Directors. “We look forward to his leadership and insights as we enter the next phase of growth for Chembio.”Dr. David Acheson has served as the President and Chief Executive Officer of The Acheson Group since founding the global food safety...

CAMBRIDGE, Mass., Dec. 17, 2020 (GLOBE NEWSWIRE) — Editas Medicine, Inc. (NASDAQ: EDIT), a leading genome editing company, today announced that it has appointed Meeta Chatterjee, Ph.D., to its Board of Directors.Dr. Chatterjee is an accomplished biopharmaceutical executive with more than 30 years of broad strategic and operational experience in research and development, mergers and acquisition evaluation, in-licensing, and externalization activities. She currently serves as Senior Vice President of Global Business Development at Legend Biotech where she provides oversight for all business development activities including prioritizing opportunities, managing evaluations, and executing transactions. She also leads Alliance Management activities at Legend. Prior to joining Legend, Dr. Chatterjee was Head of Strategy, Transactions,...

Revenue and orders continue to be significantly impacted by COVID-19 pandemicActions to reduce fixed costs and discretionary spending provided significant savings versus the prior yearLiquidity position remains very strong at $652 millionGRAND RAPIDS, Mich., Dec. 17, 2020 (GLOBE NEWSWIRE) — Steelcase Inc. (NYSE: SCS) today reported third quarter revenue of $617.5 million and net income of $2.1 million, or diluted earnings of $0.02 per share, which included $11.4 million of pre-tax restructuring costs related to previously announced workforce reductions. Excluding those charges, net of related income tax benefits, adjusted earnings were $0.08 per share. The results also reflected a delay of approximately $60 million of revenue to the fourth quarter due to a temporary global operations shutdown implemented to protect the company’s...