Month: January 2021

TORONTO, Jan. 29, 2021 (GLOBE NEWSWIRE) — Mandalay Resources Corporation (”Mandalay” eller ”Företaget”) (TSX: MND, OTCQB: MNDJF) har nöjet att tillkännage preliminära uppgifter rörande de initiala förekomsterna i en nyligen upptäckt horisontell ådring under och i förbindelse med Youle-fyndigheten vid sin Costerfield-verksamhet (Victoria, Australien).Viktiga punkter:460,5 g/t guld över en delvis återvunnen sann bredd på 0,11 m i BC176, och165,1 g/t guld över en sann bredd på 0,20 m i BC176W1 kilhålet invid BC176.Noteringar:Sann bredd för BC176 gäller enbart utvunnen kärna. Det finns cirka ytterligare cirka 40 % kärna i form av åder som inte utvunnits.Ytterligare detaljer kring förekomsten finns i tabell 1 i bilagan till detta dokument.Dominic Duffy, Mandalays President och Chief Executive Officer noterade, ”Vi är mycket uppmuntrade...

NOT FOR DISTRIBUTION IN THE UNITED STATESCALGARY, Alberta, Jan. 29, 2021 (GLOBE NEWSWIRE) — Zargon Oil & Gas Ltd. (“Zargon” or the “Corporation”) announces that it has completed certain transactions contemplated by a Bankruptcy and Insolvency Act (Canada) proposal (the “Proposal”) filed by Zargon, Zargon Oil & Gas Partnership (“Zargon Partnership”) and Zargon U.S. Holdings Ltd. (“Zargon US”), through their proposal trustee MNP Ltd. The Proposal provides for, among other things, the compromise and settlement of claims of creditors of Zargon, Zargon Partnership and Zargon US (the “Creditors”) and a reorganization of the share capital of Zargon under the Business Corporations Act (Alberta) (the “Reorganization”). The Proposal was approved by the Creditors on December 4, 2020....

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF U.S. SECURITIES LAW.CALGARY, Alberta, Jan. 29, 2021 (GLOBE NEWSWIRE) — Razor Energy Corp. (“Razor” or the “Company“) (TSXV: RZE) announces that it has secured an interim extension to its existing non-revolving term loan facility from Alberta Investment Management Corporation (“AIMCo”). The Company has reached an agreement with AIMCo to extend the maturity date from January 31, 2021 to February 5, 2021 in order to complete necessary documents and registrations related to an extension of the facility.For additional information please contact:Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies...

TORONTO, Jan. 29, 2021 (GLOBE NEWSWIRE) — Aleafia Health Inc. (TSX: AH, OTC: ALEAF) (“Aleafia Health” or the “Company”) today announced that Rhonda Lawson has resigned as a director of the Company.“I would like to sincerely thank Rhonda for her contributions to Aleafia Health. She will be truly missed,” said Acting Chair Lea Ray. “Her independent thinking and expertise were significant assets to the Company, serving us well in our continued growth over the last year.”For Investor & Media Relations:Nicholas Bergamini, VP Investor Relations1-833-879-2533IR@AleafiaHealth.comLEARN MORE: www.AleafiaHealth.comAbout Aleafia Health:Aleafia Health is a vertically integrated and federally licensed Canadian cannabis company offering cannabis health and wellness services and products in Canada and in international markets. The Company...

PORTLAND, Tenn., Jan. 29, 2021 (GLOBE NEWSWIRE) — Shoals Technologies Group, Inc. (NASDAQ:SHLS) (the “Company”) today announced the closing of its upsized initial public offering of 88,550,000 shares of Class A common stock. The offering consisted of 11,550,000 shares of Class A common stock issued and sold by the Company, which included an additional 2,550,000 shares of the Company’s Class A common stock following the exercise in full of the underwriters’ option to purchase additional shares of the Company’s common stock from the Company, and 77,000,000 shares of Class A common stock sold by a parent entity of the Company controlled by funds managed by Oaktree Capital Management, L.P. (the “Selling Stockholder”), which included an additional 9,000,000 shares of the Company’s Class A common stock following the exercise in full of...

MONTVALE, N.J., Jan. 29, 2021 (GLOBE NEWSWIRE) — Today MICT, Inc. (Nasdaq: MICT) (“MICT” or the “Company”) filed an amendment to the resale registration statement filing made on Friday, December 18, 2020. The Company wishes to clarify the purpose of the filing of the resale registration statement and this amendment. The filings were not for a new issuance of shares but were made to register a portion of the Company’s currently outstanding restricted shares from certain of its holders.About MICT         MICT, Inc. (NasdaqCM: MICT) operates through its subsidiaries, GFH Intermediate Holdings Ltd. (“GFHI”) and Micronet Ltd. (“Micronet”). GFHI’s versatile proprietary trading technology platform is designed to serve a large number of high growth sectors in the global fintech space. Primary areas of focus include online brokerage...

NEW YORK, Jan. 29, 2021 (GLOBE NEWSWIRE) — New York Mortgage Trust, Inc. (Nasdaq: NYMT) (“NYMT” or the “Company”) today announced the following tax treatment of common and preferred stock dividends declared in 2020. This information is provided to assist stockholders with tax reporting requirements related to dividend distributions of taxable income by the Company.Stockholders should review the 2020 tax statements received from their brokerage firms or other institutions to ensure that the statements agree with the information provided below. Also, as each stockholder’s tax situation may be different, stockholders are encouraged to consult with their own professional tax advisor with respect to their specific tax treatment of the Company’s dividend distributions.The Company’s dividend distributions per share of...

EMLENTON, Pa., Jan. 29, 2021 (GLOBE NEWSWIRE) — Emclaire Financial Corp (NASDAQ:EMCF), the parent holding company of The Farmers National Bank of Emlenton, reported consolidated net income available to common stockholders of $6.6 million, or $2.41 per diluted common share, for the year ended December 31, 2020, a decrease of $1.2 million, or 15.6%, from $7.8 million, or $2.86 per diluted common share, reported for the year ended December 31, 2019.  The decrease in net income was largely driven by an increase in the provision for loan losses resulting from record loan growth and current economic uncertainties related to the COVID-19 pandemic.William C. Marsh, Chairman, President and Chief Executive Officer of the Corporation and the Bank, noted, “Despite the most unusual and operationally challenging year, we are extremely pleased...

DUNMORE, Pa., Jan. 29, 2021 (GLOBE NEWSWIRE) — FNCB Bancorp, Inc. (NASDAQ: FNCB), the parent company of Dunmore-based FNCB Bank (the “Bank”), today reported net income for 2020 of $15.3 million, or $0.76 per basic and diluted share, compared to net income of $11.1 million, or $0.56 per basic and diluted share, for 2019. The $4.2 million, or 38.6%, increase in earnings was due to increases of $3.9 million in net interest income and $1.6 million in non-interest income and a $0.8 million reduction in non-interest expense. Partially offsetting these positive factors were increases in the provision for loan and lease losses and income tax expense of $1.1 million and $0.9 million, respectively. Net income for the fourth quarter of 2020 was $5.2 million, or $0.26 per basic and diluted share, an increase of $1.7 million, or 47.8%, compared...