News Release (August 7th, 2018)
HARTFORD, Conn., Aug. 07, 2018 The Travelers Companies, Inc. (NYSE: TRV) today announced that, effective Sept. 1, Jay S. Benet will step down from his role as Chief Financial Officer, a position he has held since 2002. Benet will remain on the senior leadership team as Vice Chairman.
News Release Range Resources Corporation to Add New Independent Directors to Board (July 10th, 2018)
Ken Settles, a Managing Partner at SailingStone, said, "Range Resources has built a large, contiguous acreage position in one of the lowest-cost parts of the Marcellus Shale. The company's advantaged geology, scale, low decline rate and operational expertise should support capital-efficient development for many years to come. Range's Marcellus Shale position is truly world-class in terms of the returns and free cash flow that it generates, and is increasingly differentiated within the industry in terms of its remaining drilling inventory. We believe that the strategic changes previously announced by the company, combined with the new initiatives outlined in this agreement, will serve shareholders well as Range shifts its focus back toward developing the Marcellus Shale, reducing leverage and employing the "Shale 2.0" business model. We thank the Range Board for their engagement on these issues, and look forward to working with the company to add two new directors to the Board."
News Release (March 30th, 2018)
DUBLIN, CA - March 26, 2018- Giga-tronics Incorporated (OTCQB: GIGA) today announced the signing of a securities purchase agreement associated with a private placement of approximately $1.115M in a new series of preferred stock (the "Placement"). Under the terms of the agreement dated March 23, 2018, the Company sold shares of 6% Series E Senior Convertible Voting Perpetual Preferred Stock (the "Series E"). The purchase price for each Series E share was $25.00 with each Series E share convertible into 100 shares of Common Stock which equals a conversion price of $0.25 per Common share. In addition to other rights and preferences, the Placement also provides for a reduction of the exercise price of certain warrants convertible into Common shares from $1.15 to $0.25 for those Series E purchasers which participated in the Company's Common stock financing through EGE in January 2016 based on their level of Series E participation. Net proceeds to the Company from the Placement are estimated
News Release (January 18th, 2018)
The board also authorized the redemption of all outstanding common stock purchase rights issued pursuant to the shareholder rights plan (commonly known as a "poison pill"), adopted in January 1999 and subsequently amended in December 2008, effective as of the close of business on January 31, 2018. Under the rights plan, one right is attached to each outstanding share of common stock. The rights will be redeemed at a price of $0.0005 per right, payable in cash. The redemption payment will be payable on February 15, 2018 to shareowners as of the close of business on January 31, 2018. Shareowners do not have to take any action to receive the redemption payment and do not have to exchange stock certificates.
Schmitt Industries, Inc. – IMMEDIATE NEWS RELEASE Schmitt Industries, Inc. Announces Plans for Rights Offering to Shareholders (November 3rd, 2017)
Portland, OR. Schmitt Industries, Inc. (NASDAQ: SMIT) (the Company) today announced that it has filed a registration statement on Form S-1 with the Securities and Exchange Commission (the SEC) relating to the distribution, at no charge, to the holders of the Companys outstanding common stock, no par value (Common Stock), of non-transferable subscription rights to purchase shares of Common Stock. Each holder will receive one subscription right for each share of Common Stock owned on the record date (which is yet to be determined), and each subscription right will entitle the holder to purchase one-third of a share of Common Stock, which the Company refers to as the basic subscription right.
Tech Foundry Ventures, Inc. – News Release Nevada Canyon Provides Corporate Update (July 21st, 2017)
July 20, 2017 Nevada Canyon Gold Corp. (OTC Pink: NGLD) (The "Company" or "Nevada Canyon") is pleased to announce completion of the property purchase agreement with Walker River Resources Corp (TSX.V: WRR) ("Walker") on the Lapon Canyon gold project, located approximately 60 kilometres southeast of Yerington, Nevada. The Company also announces a significant increase in its land position at the Garfield Flats Project located in Mineral County, Nevada about 18 miles southeast of the town of Hawthorne, NV.
Cyanotech Corporation – News Release Contact: Bruce Russell (July 17th, 2017)
Tech Foundry Ventures, Inc. – News Release Walker Increases Land and Ownership at Lapon Canyon (July 6th, 2017)
Vancouver, B.C. July 6, 2017 - Walker River Resources Corp. ("Walker" or the "Company") (TSX-V: "WRR") is pleased to announce that it has increased its ownership and land holdings at the Lapon Canyon gold project, located approximately 60 kilometres southeast of Yerington, Nevada (the "Lapon Project").
Arc Resources Ltd. – NEWS RELEASE May 3, 2017 (May 16th, 2017)
CALGARY, May 3, 2017 /CNW/ - (ARX - TSX) ARC Resources Ltd. ("ARC") is pleased to report its first quarter 2017 operating and financial results. First quarter production averaged 115,129 boe per day, net income was $142.5 million ($0.40 per share), and funds from operations totaled $177.2 million ($0.50 per share). ARC's unaudited condensed interim financial statements and notes ("financial statements"), as well as ARC's Management's Discussion and Analysis ("MD&A") for the three months ended March 31, 2017, are available on ARC's website at www.arcresources.com and on SEDAR at www.sedar.com.
Wisconsin Power & Light Co – News Release (February 24th, 2017)
MADISON, Wis. - February 23, 2017 - Alliant Energy Corporation (NYSE: LNT) today announced U.S. generally accepted accounting principles (GAAP) and non-GAAP consolidated unaudited earnings per share (EPS) from continuing operations for 2016 and 2015 as follows:
Enbridge Energy, Limited Partnership – News Release (January 27th, 2017)
Enbridge Energy Partners, L.P. (NYSE:EEP) ("EEP" or the "Partnership") announced today that the Board of Directors of the delegate of the Partnership's general partner has declared a quarterly cash distribution of $0.583 per unit, or $2.332 per unit on an annualized basis, on all of the Partnership's outstanding units for the quarter ended December 31, 2016. The approved distribution remains unchanged from the previous quarter. The distribution is payable on February 14, 2017, to unitholders of record at the close of business on February 7, 2017.
News Release (December 20th, 2016)
Entry into Regenerative Medicine Creates a World-Class Aesthetic and Regenerative Medicine Business in Plastic Surgery
Golden Queen Mining Co Ltd – NEWS RELEASE Golden Queen Enters Into a New TERM LOAN FACILITY for US$31 MILLION (November 21st, 2016)
November 21, 2016 - Golden Queen Mining Co. Ltd. (TSX:GQM; OTCQX:GQMNF) (the "Company" or "Golden Queen") announces that it has entered into an agreement with members of the Clay family or entities controlled by them (the "Lenders") to secure a new term loan facility (the "Facility") in the amount of US$31 million. Investment vehicles managed by Thomas M. Clay, Chief Executive Officer and a director of the Company, funded US$23.25 million of the Facility, with the remainder being funded by the other Lenders.
News Release (September 22nd, 2016)
Southern Pines, N.C. - First Bancorp (NASDAQ - FBNC), the parent company of First Bank, reports that First Bank has entered into an agreement with the Federal Deposit Insurance Corporation (FDIC) that terminates all loss share agreements between First Bank and the FDIC. The loss share agreements were related to two failed bank acquisitions from 2009 and 2011.
Southcross Energy Partners L. – News Release (July 14th, 2016)
DALLAS, Texas, July 14, 2016 - Southcross Holdings LP ("Holdings") announced today the appointment of Bruce A. Williamson as executive chairman of the Board of Directors of Holdings' general partner, Southcross Holdings GP LLC.
Wisconsin Power & Light Co – News Release (May 5th, 2016)
MADISON, Wis. - May 4, 2016 - Alliant Energy Corporation (NYSE: LNT) today announced consolidated unaudited earnings per share (EPS) from continuing operations for the three months ended March 31 as follows:
Southcross Energy Partners L. – News Release (April 22nd, 2016)
DALLAS, Texas, April 22, 2016 - Southcross Energy Partners, L.P. (NYSE:SXE) ("Southcross") will host a conference call for investors at 10:00 a.m. Central Time (11:00 a.m. Eastern Time) today, Friday, April 22, 2016, to discuss fourth quarter and full-year 2015 financial and operating results as well as provide first quarter 2016 guidance. Hosting the call will be John E. Bonn, President and Chief Executive Officer and Bret M. Allan, Senior Vice President and Chief Financial Officer of Southcross' general partner.
NEWS RELEASE Corporate Headquarters Contact: 1000 Six PPG Place Dan Greenfield Pittsburgh, PA 15222-5479 U.S.A 412-394-3004 www.ATImetals.com (March 10th, 2016)
Pittsburgh, PA, March 4, 2016 - Allegheny Technologies Incorporated (NYSE:ATI) announced today that union-represented employees of its flat-rolled products business and other locations are scheduled to return to work beginning the week of March 13, 2016. This follows member ratification of the new four-year agreement with the United Steelworkers. All charges and the complaint pending with the National Labor Relations Board (NLRB) have been withdrawn. Employees will be notified of their return to work schedule.
Wisconsin Power & Light Co – News Release (February 23rd, 2016)
MADISON, Wis. - February 22, 2016 - Alliant Energy Corporation (NYSE: LNT) today announced U.S. generally accepted accounting principles (GAAP) and non-GAAP consolidated unaudited earnings per share (EPS) from continuing operations for 2015 and 2014 as follows:
Rokwader, Inc. – News Release Dated February 19, 2016 (February 22nd, 2016)
LOS GATOS, Calif.--(BUSINESS WIRE)-- Rokwader, Inc. (ROKR) announced today that it has established a subsidiary, the Acquisition Corporation ("AC"), and has authorized an initial investment in the subsidiary of up to $13 million, to acquire shares in the subsidiary. The proceeds invested in the subsidiary are intended to be used, in part, to acquire a leading express car wash operator with 11 locations (the "Platform"). The remaining proceeds will be used to acquire additional car wash sites and to grow the Platform.
News Release (January 6th, 2016)
NEWPORT BEACH, CA--January 6, 2016-Alliance HealthCare Services, Inc. (NASDAQ:AIQ) (the "Company," or "Alliance"), a leading national provider of outsourced radiology, oncology and interventional services, announced today that "Fujian Thai Hot Investment Co. Ltd. ("Fujian Thai Hot"), Oatree Capital Management, LLC ("Oaktree"), and other related stockholders have entered into an amendment to the Stock Purchase Agreement among such parties (the "Stock Purchase Agreement"). The Stock Purchase Agreement originally provided that either Fujian Thai Hot or the selling stockholders may terminate the Stock Purchase Agreement if the transaction was not consummated on or prior to January 14, 2016 (the "Termination Date"). On January 5, 2016, the parties to the Stock Purchase Agreement entered into an amendment to revise the Termination Date to February 29, 2016.
MagneGas Receives $382,500, Signs Definitive Agreements for Expansion Into Gulf Coast, Including $775,000 Equipment Sale (November 13th, 2015)
TAMPA, FL - 11/13/15 -- MagneGas(r) Corporation ("MagneGas(r)" or the "Company") (NASDAQ: MNGA) a leading technology company that counts among its inventions a patented process that converts liquid waste into MagneGas(r) fuel, announced today that the Company has signed a "Gasier Purchase Agreement" (the "Gasier Agreement") and "Distribution and License Agreement" (the "Distribution Agreement") with Green Arc Supply, LLC ("Green Arc") to manufacture and sell a $775,000 100kw Plasma-Arc Gasification system (the "System"). This agreement represents the first time in the history of the Company that an equipment sale has been made inside the United States and signifies a new era in the Company's expansion strategy. The Company believes this is the most significant event this year as the agreements call for extensive expansion with the potential for substantial capital infusion through additional equipment sales in the coming months.
Huntington Ingalls Industries – NEWS RELEASE Contact: Beci Brenton Beci.Brenton@hii-co.com (October 30th, 2015)
NEWPORT NEWS, Va. (Oct. 28, 2015)Huntington Ingalls Industries (NYSE: HII) announced today that Stephen R. Wilson has been elected to its Board of Directors.
Comstock Resources – News Release (October 1st, 2015)
FRISCO, TEXAS, October 1, 2015 - Comstock Resources, Inc. ("Comstock" or the "Company") (NYSE: CRK) announced today that its Board of Directors (the "Board") has adopted a net operating loss carryforwards ("NOLs") rights plan (the "Rights Plan") in a measure to prevent the imposition of significant limitations under Section 382 of the Internal Revenue Code on Comstock's ability to utilize its existing NOLs to reduce its future tax liabilities.
Farmers Capital Bank Corporation – Press Release Dated August 17, 2015 NEWS RELEASE August 17, 2015 Farmers Capital Bank Corporation Announces Termination of Regulatory Agreement at Bank Subsidiary (August 18th, 2015)
Frankfort, Kentucky - Farmers Capital Bank Corporation (NASDAQ: FFKT) (the "Company") announced on August 17, 2015, Citizens Bank of Northern Kentucky, Inc. (the "Bank" or "Citizens Northern"), a wholly-owned subsidiary of the Company, received written notification from the Federal Deposit Insurance Corporation ("FDIC") and the Kentucky Department of Financial Institutions ("KDFI") that, as a result of their recent examination of the Bank, the Memorandum of Understanding ("Memorandum") entered into between the parties in July of 2013 has been terminated effective immediately.
Inovio Biomedical Corporation – INOVIO PHARMACEUTICALS ENTERS INTO STRATEGIC CANCER VACCINE COLLABORATION AND LICENSE AGREEMENT WITH MEDIMMUNE Agreement Includes Clinical-Stage INO-3112 HPV Cancer Vaccine and Preclinical Collaboration to Develop Additional Cancer Vaccine Candidates Inovio Schedules Conference Call for 8:30am ET Today; Go to inovio.com and Click on Webcast Tab (August 12th, 2015)
PLYMOUTH MEETING, Pa. August 10, 2015 Inovio Pharmaceuticals (NASDAQ: INO) today announced that it has entered into a license agreement and collaboration with MedImmune, the global biologics research and development arm of AstraZeneca.
Interstate Power & Light Co – News Release (August 6th, 2015)
Cedar Rapids, Iowa - July 31, 2015 - Alliant Energy's Iowa utility today successfully closed the sale transaction of its Minnesota electric distribution assets to the 12 member cooperatives of Southern Minnesota Energy Cooperative (SMEC).
News Release (August 5th, 2015)
DUBLIN, IRELAND and WESTLAKE VILLAGE, CALIF.--August 5, 2015--Allergan plc (NYSE: AGN) and KYTHERA Biopharmaceuticals, Inc. (NASDAQ: KYTH) today announced that they have amended and restated their merger agreement with respect to Allergan's pending acquisition of KYTHERA to provide for all-cash consideration to KYTHERA's stockholders. The agreement amends and restates the original merger agreement entered into by the parties on June 17, 2015, as amended on July 1, 2015.
News Release (July 29th, 2015)
Cambridge, MA July 29, 2015 ARIAD Pharmaceuticals, Inc. (NASDAQ: ARIA) today announced that it will receive $100 million in cash $50 million upon deal execution late yesterday and an additional $50 million in one year through a synthetic-royalty financing from PDL BioPharma, Inc. (NASDAQ: PDLI) in exchange for paying PDL a mid-single-digit royalty on future sales of Iclusig(r) (ponatinib) until PDL receives a fixed internal rate of return (IRR). ARIAD also has an option, in its discretion, to receive up to an additional $100 million at any time between 6 and 12 months from the date of the agreement, in one or two tranches on comparable terms.
News Release (July 28th, 2015)
DUBLIN, IRELAND July 27, 2015 Allergan plc (NYSE: AGN) today announced that it has entered into a definitive agreement under which Teva Pharmaceutical Industries Ltd. will acquire Allergans global generic pharmaceuticals business for $40.5 billion. Allergan will receive $33.75 billion in cash and $6.75 billion in Teva stock. In addition, Allergan retains 50 percent of Tevas future economics from generic lenalidomide (Revlimid(r)). The transaction has been unanimously approved by the Boards of Directors of Allergan and Teva and is strongly supported by the management teams of both companies.
News Release (July 27th, 2015)
DUBLIN and EVANSTON, III. July 26, 2015 Allergan plc (NYSE: AGN), a leading global pharmaceutical company, and Naurex Inc., a clinical-stage biopharmaceutical company developing transformative therapies for challenging disorders of the central nervous system, today announced that they have entered into a definitive agreement under which Allergan will acquire Naurex in an all-cash transaction. Under the terms of the agreement,
Delta Petroleum Corporation – News Release (June 2nd, 2015)
HOUSTON, June 2, 2015 Par Petroleum Corporation (NYSE MKT: PARR) (Par) announced yesterday that Hawaii Independent Energy, LLC (HIE), its wholly-owned subsidiary, entered into a Supply and Offtake Agreement with J. Aron & Company (Aron), the commodity trading arm of Goldman Sachs. The agreement provides for HIE to purchase from Aron mutually agreed crude oil cargos for use in its Hawaii refinery with a nameplate capacity of 94,000 barrels per day. Aron, in turn, will purchase the refined products HIE produces at market prices. HIE will repurchase the refined products from Aron and sell to its customers. The term of the agreement will run through May 2018 with two one-year extension options. The agreement also allows for deferral of payments to Aron of up to $125 million or 85% of certain receivables and company owned inventory. This arrangement with Aron is expected to result in approximately $20 million in additional cash and liquidity under current market conditions. Added benefits
Cynapsus Therapeutics Inc. – Item 1 - Name and Address of Company: Cynapsus Therapeutics Inc. 828 Richmond Street West Toronto, Ontario M6J 1C9 (The Corporation) Item 2 - Date of Material Change: March 11, 2015. Item 3 - News Release: A News Release Was Issued on March 11, 2015, a Copy of Which Is Annexed Hereto as Schedule A. Item 4 - Summary of Material Change: Cynapsus Therapeutics Inc. (TSX: CTH) (OTCQX: CYNAF) Today Announced That It Has Completed an End-Of-Phase 2 Meeting With the U.S. Food and Drug Administration (FDA) Regarding Cynapsus APL-130277 Drug Candidate for the Acute Rescue of OFF Episodes Associated With (May 15th, 2015)
TORONTO (BUSINESS WIRE) Cynapsus Therapeutics Inc. (TSX: CTH) (OTCQX: CYNAF) today announced that it has completed an End-of-Phase 2 meeting with the U.S. Food and Drug Administration (FDA) regarding Cynapsus APL-130277 drug candidate for the acute rescue of OFF episodes associated with Parkinsons disease (PD) and has received the final meeting minutes. At the meeting, agreement was reached on the design, duration and size for the Phase 3 program clinical studies, as well as for primary and key secondary endpoints. As a result, Cynapsus plans to initiate a pivotal Phase 3 program evaluating the safety and efficacy of APL-130277 in PD patients in the second quarter of 2015.
Rambus Licenses Patents and Technology Solutions to IBM Agreements Cover Use of Memory Controller and Serial Link Interface Technologies (March 23rd, 2015)
SUNNYVALE, Calif. March 23, 2015 Rambus Inc. (NASDAQ:RMBS) today announced it has signed both patent and technology license agreements with IBM. The patent license agreement authorizes IBM to integrate Rambus memory controller and serial link interface technologies. The technology license agreement will have Rambus develop and deliver high-performance memory interface design IP to enhance IBM systems and semiconductor offerings. Specific terms of the agreements are confidential.
Unico American Corporation – News Release (March 20th, 2015)
On March 16, 2015, Warren Orloff informed the Board of Directors of Unico American Corporation (the "Company") that, for personal reasons, he would not be standing for re-election as a director of Unico American Corporation at the next annual meeting of shareholders.