Day: February 8, 2019

Capital Bancorp Reports Results for 2018

ROCKVILLE, Md., Feb. 08, 2019 (GLOBE NEWSWIRE) — Capital Bancorp, Inc. (the “Company”) (NASDAQ: CBNK), the holding company for Capital Bank, N.A. (the “Bank”), today reported net income of $3.5 million, or $0.25 per diluted share, for the fourth quarter of 2018. In comparison, for the fourth quarter of 2017, we reported a net loss of $0.6 million, or $(0.06) per diluted share, as we incurred one-time expenses and lost revenue related to our credit card system conversion of $4.6 million. For the twelve months ended December 31, 2018, net income grew 79.6% year over year to $12.8 million, or $1.02

Novoheart Grants Stock Options and RSUs

VANCOUVER, British Columbia, Feb. 08, 2019 (GLOBE NEWSWIRE) — Novoheart Holdings Inc. (“Novoheart” or the “Company”) (TSXV: NVH; FWB: 3NH) announces that it has granted incentive stock options to purchase an aggregate of 420,613 common shares of the Company (the “Options”) and 2,355,000 restricted share units of the Company (“RSUs”)  to directors, scientific founding members, and employees of the Company. Option Grants The Options have an exercise price of $0.32 per common share.  The Options expire on December 6, 2023 and vest 40% on the first anniversary of the grant date and 30% on each of the second and third

Canada House Wellness Group Inc. Appoints Ernst & Young as Auditors

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES TORONTO, Feb. 08, 2019 (GLOBE NEWSWIRE) — Canada House Wellness Group Inc. (“Canada House” or the “Company”) (CSE:CHV) announced today the appointment of Ernst & Young LLP (“E&Y”) as its auditor effective February 7, 2019. Following the recommendation of the Audit Committee, the Company’s Board of Directors accepted the resignation of RSM Canada LLP (“RSM”) and approved the appointment of E&Y. In accordance with National Instrument 51-102 – Continuous Disclosure Obligations (“NI 51-102”), the Company has filed a Notice of Change of Auditor, together with response letters

Kruger Products becomes the Official Canadian Tissue of the National Hockey League (NHL®)

MISSISSAUGA, Ontario, Feb. 08, 2019 (GLOBE NEWSWIRE) — Kruger Products L.P. (“Kruger Products” or “KPLP”) and the National Hockey League (“NHL”®) today announced a multi-year Canadian partnership naming Kruger Products its official tissue partner in both consumer and away-from-home markets across the nation. As part of the partnership, Kruger Products will create innovative and fully-integrated programs and promotions to celebrate Canada’s favourite sport. Kruger Products’ made-in-Canada leading brands include: SpongeTowels®, Scotties®, Purex® and Cashmere® and will be supported across various retail, in-venue, on premise and digital channels, and will be featured in NHL programming during the regular season and Stanley

Purpose Investments Inc. Confirms the Automatic Conversion of Class A2 Units into Class T Units of U.S. Banks Income & Growth Fund

TORONTO, Feb. 08, 2019 (GLOBE NEWSWIRE) — Purpose Investments Inc, the manager of U.S. Banks Income & Growth Fund (the “Fund”), announced today that the Class A2 units of the Fund were automatically converted in accordance with their terms into Class T units, effective February 8, 2019. The exchange ratio used for the conversion is 1.025716 Class T units for each Class A2 unit. The Class T units are exchange traded under ticker symbol PUB.UN on the Aequitas NEO Exchange. No fractional Class T units or cash in lieu thereof will be issued or paid under the automatic conversion. Unitholder holdings will be updated by the Canadian Depository for Securities Limited and their participant

Adamas Announces New Employment Inducement Grant

EMERYVILLE, Calif., Feb. 08, 2019 (GLOBE NEWSWIRE) — Adamas Pharmaceuticals, Inc. (Nasdaq: ADMS) today announced that the compensation committee of the company’s board of directors granted three new employees the option to purchase an aggregate of 50,500 shares of the company’s common stock, at a per share exercise price of $8.96, the closing trading price on February 7, 2019, and restricted stock units to acquire 9,300 shares of the company’s common stock. The stock options and restricted stock units vest over four years and were granted pursuant to the Adamas Pharmaceuticals, Inc. 2016 Inducement Plan, which was approved by the

Delek US Holdings to Participate in the Credit Suisse Energy Summit

BRENTWOOD, Tenn., Feb. 08, 2019 (GLOBE NEWSWIRE) — Delek US Holdings, Inc. (NYSE: DK) today announced that members of management will participate in the Credit Suisse Energy Summit in Vail, Colorado on Monday, February 11, 2019. A copy of Delek US’ latest investor presentation will be provided at the conference.  An electronic copy of this presentation is currently available in the “Investors” section of the Delek US website at http://www.DelekUS.com. About Delek US Holdings, Inc.Delek US Holdings, Inc. is a diversified downstream energy company with assets in petroleum refining, logistics, renewable fuels and convenience store retailing.  The refining assets consist

Canada Zhoufa Announces Early Warning Filing Regarding the Disposition of Shares of Empire Industries Ltd.

RICHMOND, British Columbia, Feb. 08, 2019 (GLOBE NEWSWIRE) — On February 8, 2019, Canada Zhoufa Agricultural Holding Company Limited (“Canada Zhoufa”) of 6625 – 818 Cambie Road, Richmond, BC V6X 3X9 disposed of 2,700,000 common shares (“Common Shares”) of Empire Industries Ltd. (“Empire” or the “Company”) via trades carried out through the facilities of the TSX Venture Exchange at a sale price of $0.315 per Common Share, for aggregate proceeds of CAD$850,000 (the “Transaction”). Prior to the Transaction, Canada Zhoufa owned or controlled a total of 16,492,875 Common Shares of Empire, representing approximately 16.0% of the issued and outstanding Common

Kalytera Completes Deferral Transaction with Former Shareholders of Talent Biotechs

SAN FRANCISCO, and TEL AVIV, Israel, Feb. 08, 2019 (GLOBE NEWSWIRE) — Kalytera Therapeutics, Inc. (TSX VENTURE: KALY and OTCQB: KALTF) (the “Company” or “Kalytera“) today completed certain transactions contemplated by the arrangements reached with the former shareholders of Talent Biotechs Ltd. of Israel (“Talent”) on terms that were previously announced in August 2018. These arrangements modify the Company’s obligation to make certain payment to such shareholders. Kalytera acquired its program in the prevention and treatment of graft versus host disease (“GVHD”) in February 2017 through the acquisition of Talent.  Under the purchase agreement with the former Talent shareholders, Kalytera is

Verizon announces private exchange offers for 19 series of debt securities for up to $4 billion of new notes

NEW YORK, Feb. 08, 2019 (GLOBE NEWSWIRE) — Verizon Communications Inc. (“Verizon”) (NYSE, NASDAQ: VZ) today announced the commencement of offers, for its own account and on behalf of its wholly-owned subsidiary, GTE LLC, to exchange the 19 outstanding series of debt securities listed in the table below (the “Old Notes”) for newly issued debt securities of Verizon (the “New Notes”) (the “Exchange Offers”), in each case on the terms and subject to the conditions set forth in the Offering Memorandum dated February 8, 2019 (the “Offering Memorandum” and, together with the accompanying letter of transmittal and eligibility letter, the

Summary Notice of Pendency of Stockholder Derivative Action, Proposed Settlement of Stockholder Derivative Action, Settlement Hearing, and Right to Appear

INDIANAPOLIS , Feb. 08, 2019 (GLOBE NEWSWIRE) — The following is being released by Celadon Group, Inc. pursuant to an Order of the Indiana Commercial Court venued in Marion County Superior Court 1: INDIANA COMMERCIAL COURT STATE OF INDIANA  )  MARION COUNTY SUPERIOR COURT   ) SS:   COUNTY OF MARION ) LEAD CAUSE NO. 49D01-1708-CT-033115   ) IN RE CELADON GROUP, INC. ) SHAREHOLDER DERIVATIVE LITIGATION )  Consolidated with:   )   )  Cause No. 49D06-1709-CT-033758 ________________________________________ )   )  Judge Heather Welch   )  Civil Division 1 This Document Relates to: )  City-County Bldg., W-441   ) ALL

Len Boggio, FCPA, FCA honoured with Lifetime Achievement Award from CPABC

NORTH VANCOUVER, British Columbia, Feb. 08, 2019 (GLOBE NEWSWIRE) — North Vancouver’s Lenard Boggio, FCPA, FCA was honoured with a Lifetime Achievement Award by the Chartered Professional Accountants of British Columbia (CPABC). The award recognizes Boggio’s sustained distinction in his career, community service, and work within the CPA profession. Lenard Boggio, FCPA, FCA is a sought-after advisor and director of a number of public and private companies. He is currently an independent director and Audit Committee chair of BC Hydro, where he exercises a governance role over some of the organization’s most complex and important projects, including Site C and

Shelley Brown, FCPA, FCA, CM honoured with Lifetime Achievement Award from CPABC

VANCOUVER, B.C., Feb. 08, 2019 (GLOBE NEWSWIRE) — Vancouver’s Shelley Brown, FCPA, FCA, CM was honoured with a Lifetime Achievement Award by the Chartered Professional Accountants of British Columbia (CPABC). The award recognizes Brown’s sustained distinction in her career, community service, and work within the CPA profession. Shelley Brown, FCPA, FCA, CM was appointed to the Order of Canadas in 2018 for her contributions as a business leader and volunteer in the country. She was also the first woman in Canada to become an office managing partner with Deloitte. She was a partner in public practice for 30 years, most

Cameco reports fourth quarter and 2018 financial results

currency: Cdn (unless noted) SASKATOON, Saskatchewan, Feb. 08, 2019 (GLOBE NEWSWIRE) — Cameco (TSX: CCO; NYSE: CCJ) today reported its consolidated financial and operating results for the fourth quarter and year ended December 31, 2018 in accordance with International Financial Reporting Standards (IFRS). “As we expected, we had a strong finish to 2018,” said Tim Gitzel, Cameco’s president and CEO. “There were some significant developments in 2018 that contributed to the strong finish, and that have strengthened our foundation, setting the course for our future success. “In 2018, the temporary suspension of production at McArthur River/Key Lake, and the subsequent

Ohio National announces increased earnings

Company begins new strategy with strong 2018 financial results CINCINNATI, Feb. 08, 2019 (GLOBE NEWSWIRE) — Ohio National Financial Services today announced a 6 percent increase in 2018 core earnings and released positive 2018 financial results as it closes out a five-year strategy. The company also grew total revenue (excluding realized gains and losses) by 9 percent and increased sales in core product lines. “As a mutual company, no matter the economic and external environment, we remain strategically focused on serving our policyholders first. We’re embarking on a more focused strategy building on our historic strengths of life and disability

Saxena White P.A. Files Securities Fraud Class Action Against General Electric Company With Expanded Class Period

BOCA RATON, Fla., Feb. 08, 2019 (GLOBE NEWSWIRE) — Saxena White P.A. has filed a securities fraud class action lawsuit in the United States District Court for the Southern District of New York (Case No. 19-cv-01244) against General Electric Company (“GE” or the “Company”) (NYSE: GE) on behalf of investors who purchased or otherwise acquired the common stock of the Company between December 27, 2017 and October 29, 2018, inclusive (the “Class Period”). If you purchased GE common stock during the Class Period and wish to apply to be lead plaintiff, a motion on your behalf must be filed with

VITALIBIS, INC. Issues Statement About February 2019 Promotional Activity Concerning Its Common Stock

LAS VEGAS, Feb. 08, 2019 (GLOBE NEWSWIRE) — VITALIBIS, INC. (OTCQB: VCBD), a technology based formulator of premium, full-spectrum phytocannabinoid rich hemp oil products with naturally occurring cannabidiol (CBD), along with safe skincare and certified organic nutritional products, reports that it has been made aware of recent trading and promotional activity concerning VCBD common stock.  The Company has been informed that the higher than average trading volume in the Company’s stock may be the result of unauthorized promotional activity. The Company has been informed that emails promoting VCBD were sent out from unreliable sources.  The Company had no knowledge of

Zonetail Announces Change in CFO

TORONTO, Ontario, Feb. 08, 2019 (GLOBE NEWSWIRE) — Zonetail Inc. (TSXV: ZONE) (“Zonetail” or the “Company”) is pleased to announce that its Board of Directors has appointed Mr. Robert D.B. Suttie as the new Chief Financial Officer of the Company. Mr. Suttie is Vice President of Marrelli Support Services, serves as Chief Financial Officer or director on a number of other Canadian publicly listed companies including some listed on the Toronto Venture Exchange, Toronto Stock Exchange, and Canadian Securities Exchange. The Company has also engaged Marrelli Support Services of Toronto to provide certain accounting and advisory services. Mr. Suttie will

DMG Provides Auditor Update

VANCOUVER, British Columbia, Feb. 08, 2019 (GLOBE NEWSWIRE) — DMG Blockchain Solutions Inc. (TSX-V: DMGI) (DMGGF:OTC US) (FRANKFURT:6AX) (“DMG” or the “Company”), a diversified blockchain company, announces that a number of well-respected audit firms have expressed interest in becoming DMG’s auditor, and the Company is currently evaluating which firm will provide the best services to the Company. The cryptocurrency and blockchain industry is relatively new and truly unique, and auditors are continually learning and developing best practices for this industry. We intend to announce that we have retained a new auditor shortly, based on our ongoing discussions and feedback from

Sound Community Bank CEO Laurie Stewart Awarded Executive Excellence Award by Seattle Business Magazine

SEATTLE, Feb. 08, 2019 (GLOBE NEWSWIRE) — Laurie Stewart, President and CEO of Sound Community Bank, was bestowed an Executive Excellence award by Seattle Business Magazine at a ceremony held at the Fairmont Olympic Hotel in Seattle, WA, on January 31, 2019. “This award is tremendously meaningful,” said Stewart.  “It’s humbling to be recognized by prestigious Seattle Business Magazine.  This award is a real testament to the fantastic team of employees at Sound Community Bank.  They deserve the recognition – recognition of our financial success, dramatic growth, sustainability, philanthropy, community support, and our culture.  I am privileged to lead this