Day: January 10, 2019

Foremost Income Fund Reviews Unit Redemption Monthly Limit for January 2019 and Announces Revised Redemption Price

CALGARY, Alberta, Jan. 10, 2019 (GLOBE NEWSWIRE) — Foremost Income Fund (“Foremost” or the “Fund“) reviews the monthly limit for Unit redemptions pursuant to section 6.4(ii)(B) of the deed of Trust and announces a revised redemption price. Temporary Reduction of Monthly Limit for Fund Unit Redemptions Pursuant to Section 6.4(ii)(A) and (B) of the Deed of Trust Pursuant to section 6.4(ii)(A) and (B) of the Deed of Trust of the Fund dated November 12, 2005 as amended (the “Deed of Trust”), the Trustees of the Fund have discretion, in any calendar month, to reduce the monthly limit for cash redemptions

American Academy of Cosmetic Dentistry Honors Doctor Tara Hardin DDS as the 82nd National Recipient of Fellowship Accreditation

Cincinnati’s Dr. Tara Hardin DDS is awarded Fellowship Accreditation from the American Academy of Cosmetic Dentistry (AACD) naming her as only the 82nd global recipient of this distinguished classification since 1984. Cincinnati, Ohio, Jan. 10, 2019 (GLOBE NEWSWIRE) — The American Academy of Cosmetic Dentistry (AACD), the world’s largest member organization dedicated to the advancement and excellence of comprehensive oral health care, is proud to announce the Fellowship Accreditation of Doctor Tara Hardin DDS (Doctor of Dental Surgery).  This distinction designates Dr. Tara Hardin as one of our nation’s top cosmetic dentists and one of only 82 accredited fellows in

Velan Inc. Announces Next Steps in Its Velocity 2020 Transformation Plan

MONTREAL, Jan. 10, 2019 (GLOBE NEWSWIRE) — Velan Inc. (TSX:VLN) (“Velan” or the “Company”) announces today measures aimed at improving its operational efficiency and optimizing its manufacturing footprint in North America. As part of the Company’s optimization and specialization efforts in North America, Velan will consolidate its valve manufacturing facilities in Quebec (Canada) from three plants into two. The completion of the consolidation is scheduled for the end of 2020 or the beginning of 2021, allowing for reasonable time for a proper transition. The current production will be integrated into the Company’s other valve facilities in Quebec and India, which

Galane Gold Ltd. Announces Production Results for 2018

TORONTO, Jan. 10, 2019 (GLOBE NEWSWIRE) — Galane Gold Ltd. (“Galane Gold” or the “Company”) (TSX-V: GG; OTCQB: GGGOF) is pleased to announce that during 2018, the Company produced 35,528 ounces of gold at its Mupane property which represents its best annual output since 2013. Galane Gold CEO, Nick Brodie, commented: “This represents a strong year for the Mupane operations with production from Tau underground contributing to exceptional operating results. Work is still ongoing at Galaxy with first production still expected in April 2019. Production at Galaxy will ramp up slowly in line with the current mine plans so that

Velan Inc. Reports Its Third Quarter 2018/19 Financial Results

MONTREAL, Jan. 10, 2019 (GLOBE NEWSWIRE) — Velan Inc. (TSX: VLN) (the “Company”), a world-leading manufacturer of industrial valves, announced today its financial results for its third quarter ended November 30, 2018. Highlights Sales of US$92.3 million for the quarter Net loss1 of US$0.2 million for the quarter EBITDA2 of US$3.4 million for the quarter Net new orders (“Bookings”) of US$100.8 million for the quarter Order backlog of US$471.5 million at the end of the quarter, of which US$172.9 million is scheduled for delivery beyond the next 12 months Net cash of US$50.0 million at the end of the quarter

Parex Tests a Combined 3,800 bopd from the Andina-2 Guadalupe Formation

CALGARY, Alberta, Jan. 10, 2019 (GLOBE NEWSWIRE) — Parex Resources Inc. (“Parex” or the “Company”) (TSX:PXT), a company headquartered in Calgary, Alberta and focused on Colombian oil exploration and production, provides an operational update, highlighted by the testing of the Capachos Block Andina-2 well in the Guadalupe Formation. Capachos (WI Parex 50%, Ecopetrol S.A 50%): As previously reported (please refer to September 10, 2018 and October 10, 2018 press releases), Parex, as the operator drilled the Andina-1 exploration well to a total depth of 17,500 feet and encountered potential oil bearing reservoirs in the Une, Guadalupe and Mirador formations.  The Une

Veritex Holdings, Inc. Announces Dates of Fourth Quarter Earnings Release and Conference Call

DALLAS, Jan. 10, 2019 (GLOBE NEWSWIRE) — Veritex Holdings, Inc. (Nasdaq: VBTX) (“Veritex” or “the Company”), the parent holding company for Veritex Community Bank, today announced that it plans to release its fourth quarter 2018 results after the close of the market on Monday, January 28, 2019. The earnings release will be available on the Company’s website, www.veritexbank.com. The Company will also host an investor conference call to review the results on Tuesday, January 29, 2019 at 8:30 a.m. Central Time. Participants may pre-register for the call by visiting https://edge.media-server.com/m6/p/r6d2ku78 and will receive a unique pin number, which can be used

Tanzanian Royalty Announces the Immediate Start of Major Drilling Program

TORONTO, Jan. 10, 2019 (GLOBE NEWSWIRE) — Tanzanian Royalty Exploration Corporation’s (TSX:TNX)(NYSE MKT:TRX) (the “Company’) Board of Directors is pleased to announce the selection of Stamico, and Coreworthy to complete Phase One of our planned Three-Phase Drill Program. Total meters to be drilled in all Phases is expected to amount to approximately 30,000. The Three-Phase Drill Program is being planned and directed by Ulrich Rath, Chair of our Technical Committee. 1) Phase One will be approximately 4,500m of infill drilling designed to upgrade existing inferred ounces within the proposed open pit and to begin testing of the deep contact below

UPDATE – Prometheum Raises $12mm From HashKey Digital Asset Group Limited; Signs Strategic Partnership with Shanghai Wanxiang Blockchain Inc., an early backer of Ethereum

New relationships will help accelerate launch of the first and only legal U.S. smart security token ecosystem NEW YORK, Jan. 10, 2019 (GLOBE NEWSWIRE) — Prometheum, Inc., which proposes the only comprehensive route to a fully regulatory compliant U.S. security token, announced today that it has raised $12mm from HashKey Digital Asset Group Limited, the holding company of a leading Hong Kong fintech group. Hashkey is focused on the development of the blockchain and digital asset industry, with a commitment to building a global ecosystem in this field. The investment, in the form of cash and services, will enable Prometheum to

LEAD PLAINTIFF DEADLINE ALERT: Faruqi & Faruqi, LLP Encourages Investors Who Suffered Losses Exceeding $50,000 In Cheetah Mobile Inc. To Contact The Firm

NEW YORK, Jan. 10, 2019 (GLOBE NEWSWIRE) — Faruqi & Faruqi, LLP, a leading national securities law firm, reminds investors in Cheetah Mobile Inc. (“Cheetah” or the “Company”) (NYSE:CMCM) of the January 29, 2019 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company. If you invested in Cheetah stock or options between April 26, 2017 and November 27, 2018 and would like to discuss your legal rights, click here: www.faruqilaw.com/CMCM.  There is no cost or obligation to you. You can also contact us by calling Richard Gonnello toll free

AssistRx Adds New Facility in Overland Park, Kansas

Experienced Team Expands its Patient Support Services ORLANDO, Fla., Jan. 10, 2019 (GLOBE NEWSWIRE) — Industry veterans Jeff Spafford and Edward Hensley continue to advance the solutions provided through AssistRx to better serve the specialty market. AssistRx has expanded its service capabilities and facilities with the addition of a new 52,000 square-foot space in Overland Park, Kansas. The company’s patient support services—operated from both Orlando, Florida and Overland Park, Kansas—take advantage of the new facility and expanded call center space. AssistRx will also use the space to launch its non-commercial pharmacy services. The consolidation of high-touch patient support services with

UPDATE: Guaranteed Rate Adds Steve Konja as Regional Manager in Michigan

The company expands its mortgage operations across the entire state of Michigan with an emphasis on the Detroit metropolitan area. Detroit, Mich., Jan. 10, 2019 (GLOBE NEWSWIRE) — Detroit, Mich., Jan 10, 2019 (GLOBE NEWSWIRE) –  Guaranteed Rate, one of the largest retail mortgage lenders in the country, welcomes Steve Konja as Regional Manager. Konja brings more than a decade of industry experience to the company and will be primarily based out of the Troy, Mich., branch. He will also help Guaranteed Rate expand its mortgage operations across the entire state.   “Our top priority is to deliver exceptional customer service and

Zargon Announces Voting Results of Extraordinary Meeting of Debentureholders and Provides Strategic Alternatives Process Update

CALGARY, Alberta, Jan. 10, 2019 (GLOBE NEWSWIRE) — Zargon Oil & Gas Ltd. (“Zargon” or the “Company“) (TSX:ZAR; ZAR.DB.A) announces that 82.64% of holders (“Debentureholders“) of its 8.00% convertible unsecured subordinated debentures due December 31, 2019 (the “Debentures“) voting at the extraordinary meeting of the Debentureholders held today (the “Meeting“) have voted in favour of an extraordinary resolution pursuant to which all of the Debentures will be settled and all claims of the Debentureholders thereunder will be extinguished in exchange for approximately 428,878,324 common shares (“Common Shares“) in the capital of Zargon, including the payment, in the form of Common

WeedMD Grants Stock Options

TORONTO, Jan. 10, 2019 (GLOBE NEWSWIRE) — WeedMD Inc. (TSX-V:WMD) (OTC:WDDMF) (FSE:4WE) (“WeedMD” or the “Company”) a federally-licensed producer and distributor of cannabis, announced today that its board of directors has approved the grant of 1,078,000 incentive stock options (the “Options”) to directors and officers of the Company. The Options are exercisable at a price of $1.53 per share and will vest quarterly over periods up to 36 months and certain Options are also subject to performance-based milestones.  Additionally, all of the Options have a five-year term and are based on WeedMD’s stock option plan and the requirements of the

Targa Resources Partners LP Prices Upsized $1.5 Billion Offering of Senior Notes

HOUSTON, Jan. 10, 2019 (GLOBE NEWSWIRE) — Targa Resources Partners LP (the “Partnership”), a subsidiary of Targa Resources Corp. (NYSE: TRGP), and the Partnership’s subsidiary Targa Resources Partners Finance Corporation announced today the pricing of an upsized offering of $1.5 billion aggregate principal amount of senior unsecured notes consisting of the originally announced $750.0 million of senior unsecured notes due 2027 (the “2027 Notes”) and an additional $750.0 million of senior unsecured notes due 2029 (the “2029 Notes”). The 2027 Notes will accrue interest at a rate of 6.500% per annum, will mature on July 15, 2027, and were priced

Pretivm Initiates Inquiry Into Trading of Its Shares

VANCOUVER, British Columbia, Jan. 10, 2019 (GLOBE NEWSWIRE) — Pretium Resources Inc. (TSX/NYSE:PVG) (“Pretivm” or the “Company”) reports that it has retained independent legal counsel to initiate an investigation of unusual trading activity in its shares.   About Pretivm Pretivm is a low-cost intermediate gold producer with the high-grade underground Brucejack Mine in northern British Columbia. For further information contact:                       Joseph Ovsenek    Troy Shultz         President & CEO  Manager, Investor Relations & Corporate Communications                     Pretium Resources

Cogeco Releases Its Results for the First Quarter of Fiscal 2019

Revenue increased by 15.1% (13.1% in constant currency(1)), to reach $674.0 million; Adjusted EBITDA(1) increased by 15.0% (13.1% in constant currency), to reach $293.9 million; Free cash flow(1) increased by 9.3% (8.6% in constant currency), to reach $119.3 million; and A quarterly eligible dividend of $0.43 per share was declared, compared to $0.39 per share for the first quarter of fiscal 2018. MONTREAL, Jan. 10, 2019 (GLOBE NEWSWIRE) — Today, Cogeco Inc. (TSX: CGO) (“Cogeco” or the “Corporation”) announced its financial results for the first quarter ended November 30, 2018, in accordance with International Financial Reporting Standards (“IFRS”). For the first

ATCO Ltd. Eligible Dividends

Increases Common Share Dividend for the 26TH Consecutive Year CALGARY, Alberta, Jan. 10, 2019 (GLOBE NEWSWIRE) — The Board of Directors of ATCO Ltd. (ATCO) today declared a first quarter dividend of 40.48 cents per Class I Non-Voting (TSX:ACO.X) and Class II Voting Share (TSX:ACO.Y), a 7.5% increase over the 37.66 cents paid in each of the previous four quarters. This common share dividend is payable March 31, 2019, to shareholders of record on March 7, 2019. These dividends are eligible dividends within the meaning of the Income Tax Act (Canada). With approximately 7,000 employees and assets of $23 billion,

Cogeco Communications Releases Its Results For the First Quarter of Fiscal 2019

Revenue increased by 16.3% (14.2% in constant currency(1)), to reach $643.3 million; Adjusted EBITDA(1) increased by 15.7% (13.8% in constant currency), to reach $285.5 million; Free cash flow(1) increased by 11.2% (10.5% in constant currency), to reach $113.9 million; and A quarterly eligible dividend of $0.525 per share was declared, compared to $0.475 per share for the first quarter of fiscal 2018. MONTRÉAL, Jan. 10, 2019 (GLOBE NEWSWIRE) — Today, Cogeco Communications Inc. (TSX: CCA) (“Cogeco Communications” or the “Corporation”) announced its financial results for the first quarter ended November 30, 2018, in accordance with International Financial Reporting Standards (“IFRS”). For

ACWA Comments on Gov. Gavin Newsom’s Proposed Tax on Drinking Water

SACRAMENTO, Calif., Jan. 10, 2019 (GLOBE NEWSWIRE) — ACWA Deputy Executive Director for Government Relations Cindy Tuck issued the following statement in response to Gov. Gavin Newsom’s proposal to tax water, which was part of his proposed 2019-20 state budget released today: “The vast majority of the state’s residents have access to safe drinking water, but a small percentage of the population does not. This unacceptable reality is a social issue for the State of California. ACWA believes that making access to safe drinking water for all Californians should be a top priority for the State. However, a statewide water