Day: May 22, 2018

Plumas Bank Agrees to Purchase Carson City, Nevada Branch from Mutual of Omaha Bank

Quincy, California, May 22, 2018 (GLOBE NEWSWIRE) — Plumas Bank, the wholly owned subsidiary of Plumas Bancorp (NASDAQ: PLBC), today announced that it has signed a purchase and assumption agreement to acquire the Carson City, Nevada branch of Mutual of Omaha Bank. The transaction, which is expected to close later this year pending regulatory approval, will result in the acquisition of approximately $50 million in deposits and less than $1 million in loans.                                                         Plumas Bank Director, President and Chief Executive Officer, Andrew J. Ryback, stated, “Plumas Bank is thrilled to have the opportunity to serve new clients in Carson

Hexagon’s Positioning Intelligence Attains Major Milestone in the Drive to Safe Autonomy

Calgary, Canada, May 22, 2018 (GLOBE NEWSWIRE) — Hexagon’s Positioning Intelligence division is pleased to announce the latest milestone achieved on the road to safe autonomy. The company’s ground-breaking initiative is on a mission to develop functionally safe positioning technologies for fully autonomous vehicles and other applications. As part of the company’s firm commitment to this mission, a third-party audit has been completed that confirms process compliance with key automotive specifications ISO/TS 16949 and ISO 26262 Functional Safety Design Assurance. This is an important step toward the development of functionally safe new technology that meets the exceptional safety standards set

Unigold Granted Exploration Concession in the Dominican Republic

TORONTO, May 22, 2018 (GLOBE NEWSWIRE) — Unigold Inc. (“Unigold” or the “Company”) (TSX-V:UGD) is pleased to announce that the Ministry of Energy and Mines of the Dominican Republic has granted the Company the Neita Fase II Exploration Concession. The Concession is valid for a three-year period after which there is a possibility to two additional one-year extensions. The approved Concession has a 21,031 hectare footprint and hosts several gold and copper surface geochemical anomalies, most of which have not been extensively explored (Ref. Figure 1.0) Joseph Del Campo, Interim President and CEO of Unigold commented, “We are very pleased

UpSnap Engages MarketStar as Sales Channel for Proprietary IDM Solution

TORONTO, May 22, 2018 (GLOBE NEWSWIRE) — UpSnap Inc. (CSE:UP) (“UpSnap” or the “Company”), a leading provider of mobile and intent based advertising solutions, is pleased to announce a partnership with MarketStar, the industry leading provider of Sales as a Service® solutions, partnered with some of the largest brands and agencies in the world. Under the terms of the agreement, UpSnap has engaged MarketStar to augment the existing sales organization and act as an additional sales channel for the Company’s Intentional Direct Mail (“IDM”) technology. “We are pleased to be working alongside MarketStar, the industry’s leading sales as a service

Independent Bank Group, Inc. to Acquire Guaranty Bancorp

MCKINNEY, Texas and DENVER, May 22, 2018 (GLOBE NEWSWIRE) — Independent Bank Group, Inc. (NASDAQ:IBTX), the holding company for Independent Bank, and Guaranty Bancorp (NASDAQ:GBNK), the holding company for Guaranty Bank and Trust Company, today jointly announced the signing of a definitive merger agreement pursuant to which Guaranty Bancorp will merge with and into Independent Bank Group in an all-stock transaction.  Upon completion of the merger, Guaranty Bank and Trust Company will be merged with and into Independent Bank. Guaranty Bancorp, through Guaranty Bank and Trust Company, operates from its main office in Denver with 32 branches strategically located along

CORRECTION: Military Order of the Purple Heart Announces Resumption of its National Service Program

Washington, DC, May 22, 2018 (GLOBE NEWSWIRE) — Three weeks ago, the Military Order of the Purple Heart made the announcement that it was suspending its National Service Program due to lack of funding.  Today, the MOPH is pleased to announce that the Purple Heart Foundation has made it possible for the National Service Program to be continued through Fiscal Year 2019, and hopefully thereafter, thereby averting immediate closure as previously announced.  This positive development has resulted from increases in donations and revenues, and by building new efficiencies in the Foundation’s business practices.    The Department of Veterans Affairs has

Military Order of the Purple Heart Announces Resumption of its National Service Program

Washington, DC, May 22, 2018 (GLOBE NEWSWIRE) — Three weeks ago, the Military Order of the Purple Heart made the announcement that it was suspending its National Service Program due to lack of funding.  Today, the MOPH is pleased to announce that the Purple Heart Foundation has made it possible for the National Service Program to be continued through Fiscal Year 2019, and hopefully thereafter, thereby averting immediate closure as previously announced.  This positive development has resulted from increases in donations and revenues, and by building new efficiencies in the Foundation’s business practices.  The Department of Veterans Affairs has been

Jacksonville Bancorp, Inc. Receives Stockholder Approval to Complete Pending Merger

JACKSONVILLE, Ill., May 22, 2018 (GLOBE NEWSWIRE) — Jacksonville Bancorp, Inc. (“Jacksonville Bancorp”) (NASDAQ:JXSB), the holding company for Jacksonville Savings Bank, announced today that its stockholders overwhelmingly approved their pending merger with CNB Bank Shares, Inc. (“CNB Bank Shares”) at its special stockholders’ meeting held today. Subject to the receipt of the required regulatory approvals and the satisfaction of customary closing conditions, the parties expect to close the merger on May 31, 2018. Forward-Looking StatementsThis press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995.  Forward-looking statements can be identified by the fact

Titanium Corporation Reports First Quarter March 31, 2018 Results And Provides Operational Update

CALGARY, Alberta, May 22, 2018 (GLOBE NEWSWIRE) — Titanium Corporation Inc. (the “Company” or “Titanium”) (TSX-V:TIC) today released its results for the three month period ended March 31, 2018.  The Company changed its year end to December 31 from August 31 on January 24, 2018 and, as a result, is reporting its first quarter end at March 31, 2018 in the new fiscal year. The Company has continued to make excellent progress on commercialization of its CVW™ technology with the completion of agreements with Canadian Natural Resources Limited (“Canadian Natural”) and Emissions Reduction Alberta (“ERA”) in September and October 2018

Westwood Holdings Group, Inc. Welcomes Steve Paddon as New Head of Institutional Sales

DALLAS, May 22, 2018 (GLOBE NEWSWIRE) — Westwood Holdings Group, Inc. (NYSE:WHG) is pleased to announce Steve Paddon as the new Head of Institutional Sales. As Head of Institutional Sales, Mr. Paddon will be responsible for managing our Institutional business line and client service functions. Mr. Paddon brings 35+ years of expertise within the asset management industry during which he has been a successful leader of institutional and cross-border distribution teams. Most recently, Mr. Paddon served as Head of Institutional and International at OppenheimerFunds in New York where he oversaw the institutional business teams and led the firm’s international expansion.

Canoe EIT Income Fund Announces Amendments to Its Distribution Re-Investment Plan

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES OF AMERICA. CALGARY, Alberta, May 22, 2018 (GLOBE NEWSWIRE) — Canoe EIT Income Fund (the “Fund”) (TSX:EIT.UN) (TSX:EIT.PR.A) (TSX:EIT.PR.B) is pleased to announce that it has completed amendments to its Premium Distribution™, Distribution Reinvestment and Optional Cash Purchase Plan (the “DRIP” or the “Plan”). The Plan has been amended to provide that the purchase price for units of the Fund (the “Units”) issued pursuant to the optional cash payment component of the Plan shall be at the greater of either the net asset value per Unit

IIROC Trading Halt / Suspension de la negociation par l'OCRCVM – PRB

VANCOUVER, British Columbia, May 22, 2018 (GLOBE NEWSWIRE) — The following issues have been halted by IIROC / L’OCRCVM a suspendu la negociation des titres suivants:  Company / Société : Probe Metals Inc.  TSX-Venture Symbol / Symbole à la Bourse de croissance TSX :  PRB Reason / Motif : At the Request of the Company Pending News / À la demande de la société en attendant une nouvelle Halt Time (ET) / Heure de la suspension (HE)  16 :39 IIROC can make a decision to impose a temporary suspension of trading in a security of a publicly listed company, usually in anticipation of a material news announcement by the

NAV CANADA reports April traffic figures

OTTAWA, May 22, 2018 (GLOBE NEWSWIRE) — NAV CANADA announced today its traffic figures for the month of April 2018 as measured in weighted charging units for enroute, terminal and oceanic air navigation services, in comparison to the last fiscal year. The traffic in April 2018 increased by an average of 4.4 per cent compared to the same month in 2017. Fiscal 2018 year-to-date traffic has been 4.8 per cent higher than in the prior fiscal year. NAV CANADA’s fiscal year runs from September 1 to August 31. Weighted charging units represent a traffic measure that reflects the number of flights, aircraft size and

Fred’s, Inc. Announces Appointment of Dana Goldsmith Needleman and Thomas Zacharias to its Board of Directors

MEMPHIS, Tenn., May 22, 2018 (GLOBE NEWSWIRE) — Fred’s Inc. (“Fred’s” or “Company”) (NASDAQ:FRED) today announced that Dana Goldsmith Needleman and Thomas Zacharias have been appointed to the Company’s Board of Directors, effective May 20, 2018. The appointments are in connection with the retirement of Mike McMillan, Peter Bocian and Neeli Bendapudi. Ms. Goldsmith Needleman has been serving as a principal of The Cogent Group, a private real estate investment firm, since 2009. She has been instrumental in the acquisition, development and disposition of more than $5.0 billion of corporate real estate throughout the United States with a heavy concentration

BlackLine Announces Offering of 3,500,000 Shares by Selling Stockholders

LOS ANGELES, May 22, 2018 (GLOBE NEWSWIRE) — BlackLine, Inc. (Nasdaq:BL) today announced the commencement of an underwritten public offering of 3,500,000 shares of its common stock by investment funds affiliated with Silver Lake Sumeru, pursuant to an effective registration statement on Form S-3 filed with the Securities and Exchange Commission (the “Commission”). BlackLine will not receive any proceeds from this offering. Subject to certain exceptions, BlackLine, the selling stockholders, funds affiliated with ICONIQ and BlackLine’s executive officers and directors have agreed with the underwriter not to sell or otherwise dispose of any shares of BlackLine’s common stock for 45

InterDigital Issues Revenue Guidance for Second Quarter 2018

WILMINGTON, Del., May 22, 2018 (GLOBE NEWSWIRE) — InterDigital, Inc. (NASDAQ:IDCC), a mobile technology research and development company, today announced that it expects its total second quarter 2018 revenue to be between $63 million and $67 million.  This range is comprised primarily of recurring revenue and includes less than $1 million of non-recurring revenue. Under the accounting rules in effect prior to the company’s adoption of ASC 606, the company’s expected second quarter 2018 total revenue range would have been between $85 million and $88 million, again comprised primarily of recurring revenue and less than $1 million of non-recurring revenue. 

Larson Electronics Announces Dual 120/240V Single Phase Power Distribution Panels

KEMP, Texas, May 22, 2018 (GLOBE NEWSWIRE) — Larson Electronics, a leading establishment located in Texas specializing in industrial lighting systems and power distribution stations, released a power distribution station with floor-mounting features. The unit consists of one disconnect and two 120/240V single phase main lug only panels. Operators are provided access to twenty-six L6-30R receptacles for powering 240V equipment at the work site. The PDU-240V-800DS-2X400AMLO-MOD1 is a robust solution for electrical management and power distribution in industrial facilities. During operation, a customer-provided cord is used to bring 240V single phase power into the NEMA 3R 800-amp 240V single phase

Freddie Mac Closes First SHRP Deal of the Year

Introduces STACR Trust Notes MCLEAN, Va., May 22, 2018 (GLOBE NEWSWIRE) — Freddie Mac (OTCQB:FMCC) further reduces mortgage credit risk with the settlement of an $880 million transaction of Structured Agency Credit Risk (STACR®) 2018-HRP-1 Notes (STACR SHRP Notes).  The SHRP Notes represent the first STACR transaction in which the notes are issued by a special purpose trust rather than as Freddie Mac debt. “STACR SHRP Notes represent our most recent innovation of our flagship STACR program and are designed to reduce the accounting volatility of our earnings and move us closer to the durable credit risk transfer (CRT) structure

IIROC Trading Halt / Suspension de la negociation par l'OCRCVM – NMX (All Issues)

TORONTO, May 22, 2018 (GLOBE NEWSWIRE) — The following issues have been halted by IIROC / L’OCRCVM a suspendu la négociation des titres suivants : Company / Société : NEMASKA LITHIUM INC. TSX Symbol / Symbole TSX : NMX (All Issues) Reason / Motif : Dissemination / Diffusion Halt Time (ET) / Heure de la suspension (HE) 4:18 PM ET / 16 h 18 (HE)           IIROC can make a decision to impose a temporary suspension (halt) of trading in a security of a publicly-listed company. Trading halts are implemented to ensure a fair and orderly market. IIROC is

LPL Financial Reports Monthly Activity for April 2018

SAN DIEGO, May 22, 2018 (GLOBE NEWSWIRE) —  Leading retail investment advisory firm and independent broker/dealer LPL Financial LLC, a wholly owned subsidiary of LPL Financial Holdings Inc. (NASDAQ:LPLA), today released its monthly activity report for April 2018. Total brokerage and advisory assets served at the end of April were approximately $652 billion, a 0.7 percent increase compared to the end of March 2018. Total net new assets for April were $2.1 billion, including $2.2 billion from the acquisition of the broker/dealer network of National Planning Holdings, Inc. (NPH). Total client cash sweep balances at the end of April were