Year: 2020

GUANGZHOU, China, Nov. 20, 2020 (GLOBE NEWSWIRE) — JOYY Inc. (Nasdaq: YY) (“JOYY” or the “Company”), a global video-based social media platform, today announced that, in order to further demonstrate the Company’s solid cash balance and the ability to consistently generate strong cash flow, in addition to the quarterly dividend policy previously approved by the Company’s board of directors in August 2020, the Company’s board of directors approved an additional quarterly dividend policy for the next three years commencing immediately. Under such policy, the total cash dividend amount expected to be paid will be approximately US$200.0 million and quarterly dividend will be set at a fixed amount of approximately US$16.67 million in each fiscal quarter. The board of directors has accordingly declared a dividend of US$0.20 per ADS, or US$0.0100...

Company to finalize acquisition of Colombian Cannabis Company, Sannabis S.A.S., and announce cannabis licenses.Barranquilla, Colombia, Nov. 20, 2020 (GLOBE NEWSWIRE) — View Systems, Inc. (OTC:VSYM), the developer of the award winning ViewScan Concealed Weapons Detection and Asset Control System, with over 500 installations in government buildings and military bases around the World, announces the launch of their new website to begin marketing the new and improved ViewScan II, www.viewsystems.com, through wholly owned subsidiary, View Systems International, Inc. (VSII).The Company also announces pre-orders of ViewScan from long standing international customers. More details on these pre-orders will be provided once terms have been agreed. To date, View Systems, Inc. has sold over $ 14 Million in ViewScans and are revamping to incorporate...

CATSKILL, N.Y., Nov. 20, 2020 (GLOBE NEWSWIRE) — Greene County Bancorp, Inc. announced today that the Board of Directors has appointed Paul Slutzky to serve as Chairman of the Board.Mr. Slutzky will be succeeding Martin Smith, in a planned retirement transition following Mr. Smith’s announced plan to retire from the Board. Mr. Smith had served on the Board of Directors since 1993, and was named Chairman in 2005.Mr. Slutzky joined the Bank’s Board of Directors in 1992. Mr. Slutzky is a former co-owner of Hunter Mountain Ski Area and affiliated companies. He is also retired from I. & O. A. Slutzky, Inc., a general construction company. Mr. Slutzky brings over 40 years of valuable business and leadership skills, financial acumen, and many other qualities that are beneficial to the Board.Commenting on the leadership transition,...

Hamilton, Bermuda, November 20, 2020 – Auris Medical Holding Ltd. (NASDAQ: EARS), a clinical-stage company dedicated to developing therapeutics that address important unmet medical needs in neurotology, rhinology and allergy and CNS disorders, today announced the launch of a dedicated website for its affiliate Altamira Medica Ltd. The website, www.altamiramedica.com, offers quick and easy access to information about the Company’s development of AM-301, a drug-free nasal spray intended for self-protection against risks from exposure to airborne viruses and allergens.   Altamira Medica Ltd. was set up in September 2020 as a subsidiary of Auris Medical Holding Ltd. to focus on and expedite the development of AM-301. Upon application into the nose, AM-301 forms a protective gel layer on the nasal mucosa. This thin film is designed to prevent...

WOODCLIFF LAKE, NJ, Nov. 20, 2020 (GLOBE NEWSWIRE) — NewMediaWire — Timber Pharmaceuticals, Inc. (“Timber” or the “Company”) (NYSE American: TMBR), a biopharmaceutical company focused on the development and commercialization of treatments for rare and orphan dermatologic diseases, today announced that it has signed waiver agreements with certain of its existing institutional investors. Effective as of November 19, 2020 (the “Effective Date”), Timber entered into waiver agreements (the “Waiver Agreements”) with each of the holders of its series A and series B warrants in which all the parties agreed to waive certain rights and amend certain provisions of the warrants and associated securities purchase agreement.Pursuant to the Waiver Agreements, the holders agreed to (i) waive certain provisions in the warrants...

TORONTO, Nov. 20, 2020 (GLOBE NEWSWIRE) — Dundee Precious Metals Inc. (TSX: DPM) (“DPM” or “the Company”) is deeply saddened to report a fatality at its Tsumeb smelter in Namibia. On Thursday, November 19, an employee sustained serious injuries while conducting maintenance activities in the waste processing plant. The Company immediately dispatched first responders and emergency services personnel; however, despite best efforts, the employee tragically succumbed to his injuries.“It is with a heavy heart that I am reporting this tragic loss. Our immediate focus is on the welfare of our employee’s family, as well as on our employees who have been impacted by this incident,” said David Rae, President and CEO. “The safety and well-being of our employees is our highest priority. This tragedy is a devastating reminder of the critical...

(all amounts expressed in US dollars)TORONTO, Nov. 20, 2020 (GLOBE NEWSWIRE) — (TSX: SRHI, SRHI.WT) – SRHI Inc. (the “Company” or “SRHI”) is pleased to announce that the Company and Minera Tres Valles SpA (“MTV”) have completed the customary documentation and formalization of terms under the Judicial Reorganization Agreement (“JRA”) between MTV, MTV’s senior lenders (“Lenders”) and the Company.MTV is the Company’s 70% owned producing copper mine in Salamanca, Chile.A summary of the financial commitments arising from the JRA (and as disclosed in prior press releases) is as follows:SRHI to Provide $10 Million to MTV by June 2021Up to $10 million secured second ranking debt to be financed from the Company’s cash resources (the “SRHI New Loan”)To be drawn down by MTV by June 2021Principal and interest subordinated to the senior...

New York, NY, Nov. 20, 2020 (GLOBE NEWSWIRE) — Legacy Acquisition Corp. (NYSE: “LGC”) (“Legacy”), a publicly-traded Special Purpose Acquisition Company, announced today that, in connection with the previously announced business combination (the “Business Combination”) between Legacy and Onyx Enterprises Int’l, Corp. (“Onyx”), pursuant to the Business Combination Agreement (the “Business Combination Agreement”), dated September 18, 2020, by and among Legacy, Excel Merger Sub I, Inc., Excel Merger Sub II, LLC, Onyx and Shareholder Representative Services LLC, Legacy and its warrant agent, Continental Stock Transfer & Trust Company, a New York corporation (the “Warrant Agent”) entered into Amendment No. 1 to the Warrant Agreement, dated as of November 16, 2017 (“Warrant Amendment”).The Warrant Amendment provides that, subject to...

New York, NY, Nov. 20, 2020 (GLOBE NEWSWIRE) — Legacy Acquisition Corp. (NYSE: “LGC”) (“Legacy”), a publicly-traded Special Purpose Acquisition Company, announced today the final results of its previously announced tender offer to purchase up to all 6,122,699 issued and outstanding shares of Class A common stock, par value $0.0001 per share (the “Class A Common Stock”), that were initially issued as part of units in Legacy’s initial public offering (such shares of Class A Common Stock, the “Public Shares”), at a purchase price of $10.5040 per Public Share, net to the seller in cash, without interest (the “Tender Offer”). The Tender Offer was made in connection with the previously announced business combination (the “Business Combination”) with Onyx Enterprises Int’l, Corp., a New Jersey corporation (“Onyx”), pursuant to the Business...

NEW YORK, Nov. 20, 2020 (GLOBE NEWSWIRE) — HC2 Holdings, Inc. (“HC2” or the “Company”) (NYSE:HCHC), a diversified holding company, announced today that, based on preliminary results, its stockholders have voted to approve (i) an amendment to the Company’s certificate of incorporation to increase the number of authorized shares of common stock of the Company to 160,000,000 shares and (ii) the conversion of up to 35,000 shares of Series B preferred stock of the Company in connection with the Company’s current $65 million rights offering (the “Rights Offering”). More than 94% of the votes cast supported both proposals.“We are very pleased that our stockholders resoundingly supported our Board and our strategy of long-term value creation for all HC2 stockholders,” stated Wayne Barr, Jr., HC2’s interim Chief Executive Officer. “On behalf...