NOT FOR DISSEMINATION IN THE UNITED STATES OR OVER UNITED STATES NEWSWIRE SERVICES TSXV: GEMShares Outstanding: 20,999,693 TORONTO, Dec. 08, 2017 (GLOBE NEWSWIRE) — Pele Mountain Resources Inc. (TSXV:GEM) (“Pele” or the “Corporation”) announces that further to its press release dated November 24, 2017, it has entered into agreements with certain creditors (“Creditors”), including Creditors who are related parties of the Corporation, providing for the settlement of approximately $1,213,457 of its outstanding debts (the “Debt Settlement”). Pursuant to the Debt Settlement, approximately $964,047 in debt will be settled through the issuance of an aggregate of 12,630,902 common shares of the Corporation (“Common Shares”) at a price of $0.068 per Common Share, $87,000 in debt will be settled through the issuance of 966,667 Common Shares at a price of $0.09 per Common Share, $68,189 will be paid in cash, and $94,221 owed to related party creditors will be forgiven. The Debt Settlement is subject to the approval of the TSX Venture Exchange (“TSXV”). The Corporation expects to close the Debt Settlement immediately after such approval is obtained. Common Shares issued pursuant to the Debt Settlement will be subject to a statutory hold period of four months and one day from the closing date. Pele further announces that Martin Cooper, the Interim CEO and President, Vice President, Indigenous Relations and a director of the Corporation, has waived a total of $114,750 in salary accrued between January, 2016 to May, 2017. This waiver of salary, together with the Debt Settlement, will reduce Pele’s indebtedness to less than $123,000 (net of disputed/aged payables of approximately $98,000) and increase the number of issued and outstanding Common Shares to 34,597,262. Martin Cooper, Pele’s newly appointed Interim CEO and President, emphasized how important this restructuring of Pele’s debt is for its future prospects as management focuses on seeking out strategic alternatives for Pele to enhance shareholder value. Mr. Cooper thanked all creditors of Pele who participated in this debt settlement and forgiveness initiative which is critical for Pele’s future economic viability and prospects. Certain Creditors who are insiders of the Corporation or related to such insiders (collectively, the “Related Creditors”) will participate in the Debt Settlement. John Wilkinson, a director of the Corporation, will settle $6,332 in outstanding director’s fees in exchange for 93,125 Common Shares, and will forgive a further $9,720 in fees; Wilkinson Insight Incorporated, a corporation beneficially owned by Mr. Wilkinson, will settle $26,059 in debt in exchange for 383,227 Common Shares, and will forgive a further $39,089 in debt; Peter Dimmell, a director of the Corporation, will settle $7,100 in outstanding director’s fees in exchange for 104,412 Common Shares, and will forgive a further $10,650 in fees; Richard Cooper, a director of the Corporation, will settle $6,240 in outstanding director’s fees in exchange for 91,765 Common Shares, and will forgive a further $9,360 in fees; Richco Waterfall Equities Ltd., a corporation beneficially owned by Mr. Cooper, will settle $16,934 in debt in exchange for 249,036 Common Shares, and will forgive a further $25,402 in debt; and Forbes Andersen LLP, a partnership of which Paul Andersen, the Chief Financial Officer of the Corporation is the Managing Partner, will settle $201,380 in outstanding debt in exchange for 2,961,469 Common Shares. The participation in the Debt Settlement by the Related Creditors constitutes a “related party transaction” as such term is defined by Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions (“MI 61-101”) under applicable securities laws. The Corporation is relying on exemptions from the MI 61-101 formal valuation and minority approval requirements applicable to related party transactions available as neither the fair market value of the subject matter of, nor the fair market value of the consideration for, the Debt Settlement, insofar as it involves the Related Creditors, exceeds 25% of the Corporation’s market capitalization at the time at which such transactions were agreed to. The participation by each Related Creditor in the Debt Settlement was approved by directors of the Corporation who are independent of the Related Creditors. This press release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended, (the “U.S. Securities Act”) or any state securities laws and may not be offered or sold within the United States or to or for the account or benefit of a U.S. person (as defined in Regulation S under the U.S. Securities Act) unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available. About Pele Mountain Resources Inc. Pele shares are listed on the TSXV under the symbol “GEM”. The halt on trading of Pele shares imposed by the TSXV on or about June 2, 2017 was lifted by the TSXV at opening of trading on December 7, 2017. For further information please contact Martin Cooper, Interim Chief Executive Officer and President, at 1-800-315-7353. Cautionary Notes This news release contains “forward-looking information” within the meaning of applicable Canadian securities legislation. All statements, other than statements of historical fact, such as statements that describe the Corporation’s plans, objectives or goals, including words to the effect that the Corporation or management expects a stated condition or result to occur, are forward-looking information. In particular, this news release contains forward-looking information in relation to implementation, closing, terms, and expected results of the Debt Settlement, and Pele’s business objectives. This forward-looking information reflects the expectations and beliefs of management based on information currently available, and on assumptions that the Corporation believes are reasonable, including, without limitation, assumptions regarding regulatory approval of the Debt Settlement on the terms agreed by the Corporation and the Creditors, and completion of the Debt Settlement. Since forward-looking statements address future events and conditions, by their very nature, they involve inherent risks and uncertainties. Actual results in each case could differ materially from those currently anticipated in such statements. Such risks and other factors may include, without limitation, delay or failure to receive regulatory approvals; capital market conditions and market prices for securities; general business, economic, competitive, political and social conditions; competition; changes in legislation, including environmental legislation, affecting the Corporation; the timing and availability of financing on acceptable terms, as well as the other risk factors described in the Corporation’s disclosure documents filed on SEDAR at www.sedar.com. Readers are cautioned not to place undue reliance on forward-looking information. The forward-looking information contained in this news release is expressly qualified by this cautionary statement. The Corporation undertakes no duty to update any such forward-looking information, except as required by law. Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release.
Le présent communiqué ne doit pas être distribué aux agences de transmission américaines ni être diffusé aux ÉtatsUnis. CALGARY, Alberta, 08 déc. 2017 (GLOBE NEWSWIRE) — Le fonds Canoe EIT Income Fund (« Canoe » ou le « fonds ») (Bourse de Toronto : EIT.UN) a annoncé aujourd’hui que les parts acceptées pour le rachat volontaire en argent en 2017 seront rachetées au prix de 11,81 $ par part en dollars canadiens. Ce prix correspond à 95 % de la valeur liquidative moyenne par part, établie en fonction des trois jours ouvrables précédant la date du rachat, le 8 décembre 2017, déduction faite des coûts directs. Le produit du rachat sera versé aux alentours du 3 janvier 2018. Les parts qui n’ont pas été acceptées pour le rachat ont été remises aux porteurs de parts. À propos du fondsLe fonds est l’un des fonds de placement à capital fixe diversifiés les plus importants au Canada; il est coté à la Bourse de Toronto sous le symbole EIT.UN. Il est activement géré et investit dans un portefeuille diversifié de valeurs mobilières productives et axées sur la croissance du capital, principalement cotées à la Bourse de Toronto. Il est conçu de sorte à maximiser les distributions et la valeur liquidative pour ses porteurs de parts. Il est géré par Robert Taylor, vice-président principal et gestionnaire de portefeuille de Canoe Financial. À propos de Canoe FinancialFondée en 2008, Canoe Financial est une société de gestion de placements appartenant à ses employés et spécialisée dans l’établissement d’un patrimoine financier pour les Canadiens. Canoe Financial est l’une des sociétés de fonds communs de placement qui connaît la croissance la plus rapide au Canada et gère actuellement des actifs d’une valeur approximative de 4,6$ milliards de dollars parmi une gamme diversifiée de fonds communs de placement primés et de produits de capital-investissement du secteur de l’énergie. À partir de son siège social de Calgary, Canoe Financial a élargi ses opérations à l’ensemble du Canada, établissant une forte présence à Toronto, mais comptant également des bureaux à Vancouver, à Winnipeg, à Ottawa et à Montréal. Pour en apprendre davantage sur Canoe Financial et ses produits de placement, visitez le www.canoefinancial.com. Plus d’informationsRelations avec les investisseursCanoe Financial LP1 877 email@example.com Le fonds verse des distributions mensuelles d’un montant composé en partie ou en totalité du remboursement de capital de la valeur liquidative par part du fonds. Le remboursement du capital réduit le montant du placement initial et peut entraîner le remboursement du montant total de votre placement initial. Un remboursement de capital non réinvesti diminue la valeur liquidative du fonds, ce qui réduit la capacité de celuici à produire des revenus à l’avenir. Vous ne devriez tirer du montant de cette distribution aucune conclusion concernant le rendement des placements du fonds. Les fonds de placement peuvent donner lieu à des commissions, à des commissions de suivi, à des frais de gestion et à d’autres frais. Veuillez lire les renseignements sur le fonds présentés sur www.sedar.com avant d’investir. Les fonds de placement ne sont pas garantis et leur rendement passé n’est pas garant de leur rendement futur. La présente communication ne saurait être interprétée comme un appel public à l’épargne visant la vente de titres, ou comme une sollicitation dans le cadre d’une offre d’achat de valeurs mobilières. Une telle offre ne peut être présentée qu’au moyen d’un prospectus ou de tout autre document de placement applicable; ces documents doivent être lus attentivement avant de procéder à un placement. La présente communication n’est offerte qu’à titre d’information. Les épargnants devraient consulter leur conseiller en placements pour obtenir les renseignements et les facteurs de risque concernant certaines stratégies précises et divers produits de placement.
Glad you’re here to join us as we celebrate the launch of our Plesk WordPress Toolkit Course. Welcome to part 2 of our video series. Today we’ll be talking about how you can manage all your plugins and themes using the all-in-one Plesk WordPress Toolkit. We hope we get to answer your WordPress questions as we go along.
Remember that as all Plesk courses, this one’s free and available to all users in our University catalogue. If you’re ready to get started, click below, have a look at the course. Or stick around for our 47-second video tutorial first.
Quick Glance at WordPress Toolkit Course
Thanks to our WordPress Toolkit Extension, you can deploy, secure and update your WordPress website – fast and easy. And our WordPress Toolkit course prepares you so you can do all that. Below is chapter two in a series of five. Our quick video tutorials will equip you with all you need to launch, maintain and grow your WordPress site and business.
Installing Plugins and Themes
Video: 0:47 minutes
What’s Going on in this Video
3. Sort, filter, and refine results.
4. Install your desired plugin/theme.
So what do you think, easy enough? Try it for yourself. Start exploring our Toolkit today or discover more in our WordPress Toolkit Course below.
Not for Distribution to U.S. Newswire Services or for Dissemination in the United States of America. CALGARY, Alberta, Dec. 08, 2017 (GLOBE NEWSWIRE) — Canoe EIT Income Fund (“Canoe” or the “Fund”) (TSX:EIT.UN) today announced that units accepted for the 2017 voluntary cash redemption will be redeemed at a price of $11.81 per unit in Canadian dollars. This price is equal to 95% of the average net asset value per unit based on the three business days preceding the redemption date of December 8, 2017, less direct costs. Payment of the redemption proceeds will be made on or before January 3, 2018. Units that were not accepted for redemption have been returned to unitholders. About the FundThe Fund is one of Canada’s largest, diversified closed-end investment funds and is listed on the TSX under the symbol EIT.UN. The Fund is actively managed and invests in a diversified portfolio of income-generating and capital growth-oriented securities listed primarily on the TSX. The Fund is designed to maximize distributions and net asset value for the benefit of its unitholders. The Fund is managed by Robert Taylor, Senior Vice President and Portfolio Manager of Canoe Financial. About Canoe FinancialFounded in 2008, Canoe Financial is an employee-owned investment management firm focused on building financial wealth for Canadians. Canoe Financial is one of Canada’s fastest-growing independent mutual fund companies and currently manages approximately $4.6 billion in assets across a diversified range of award-winning mutual funds and private energy equity products. Canoe Financial has expanded from its Calgary head office across Canada, including a significant presence in Toronto and offices in Vancouver, Winnipeg, Ottawa and Montreal. To learn more about Canoe Financial and its investment products, visit www.canoefinancial.com. Further InformationInvestor RelationsCanoe Financial LP1–877–434–firstname.lastname@example.org The Fund makes monthly distributions of an amount comprised in whole or in part of Return of Capital (ROC) of the net asset value per unit. A ROC reduces the amount of your original investment and may result in the return to you of the entire amount of your original investment. ROC that is not reinvested will reduce the net asset value of the fund, which could reduce the fund’s ability to generate future income. You should not draw any conclusions about the fund’s investment performance from the amount of this distribution. Commissions, trailing commissions, management fees and expenses all may be associated with investment funds. Please read the information filed about the fund on www.sedar.com before investing. Investment funds are not guaranteed and past performance may not be repeated. This communication is not to be construed as a public offering to sell, or a solicitation of an offer to buy securities. Such an offer can only be made by way of a prospectus or other applicable offering document and should be read carefully before making any investment. This release is for information purposes only. Investors should consult their Investment Advisor for details and risk factors regarding specific strategies and various investment products
Since WordPress is today’s forerunner for CMS and blogging platforms, hackers often target WordPress website security. Although getting a WP website up and running is fairly easy, you should take all necessary security precautions too. Otherwise, all your website’s information – be it your company’s or your visitors’ – will be at risk. So today, let’s talk about the best security practices.
1. Enhance WordPress website security with regular updates
The most important thing you need to do is regularly update all your files and WordPress plugins. New security patches for WP and all the different plugins come out quite regularly. And having the latest version makes it much more difficult for cybercriminals to gain access to your site.
It doesn’t matter if these vulnerabilities are small and seemingly insignificant. Perform a thorough security overview and make sure you install all the latest updates. Any WordPress vulnerability is a liability. So don’t take any chances and do whatever you can on your part.
2. Secure your Admin Panel
The WordPress admin panel is the area where you can make all the changes on your site and perform actions. It’s important that you restrict admin panel access to people who need it only. If you have no registration on your site, website visitors don’t need access to /wp-login/ or /wp-admin/.
The next action is to take your home IP, which you can see on many sites such as “whatismyip.com”. And add text lines to your /.htaccess/ file located in the WordPress admin. Then you can replace the current location with your home IP address:
2. order deny, allow
3. Deny from all
4. Allow from xx.xxx.xxx.xxx
To allow logins from multiple locations or computers, just add another “Allow from” statement in the following text line. Then insert additional addresses. Do you switch locations constantly and use Wi-Fi networks? Then you want to have access to your admin panel regardless of IP address. So you should only allow a small number of login attempts.
Like this, you’re safe against anyone trying to guess your password by trying out as many variations as possible. Here’s how you do it. First, find the “WP Limit login attempts” plugin. Then choose how many times someone is able to enter the wrong password. If they exceed this, they’re locked out. By doing this, you’ll make your WP website far less vulnerable to hackers.
3. Avoid using an Admin Username
It may seem like an obvious thing to do, but a lot of people never change the default WP username. Thus, giving hackers the opportunity to try and log in as the “admin”. All they need to do is use certain types of software to guess the password over and over again. This method is quite often successful, so avoid this rookie mistake and set a different username.
4. Strengthen your passwords
The same rule applies for passwords. Many use simple phrases and insert the first thing that pops into their mind. No matter how unique you think your password is, a lot of people use similar passwords. So consider yours for a little bit longer. Because a hacker can easily figure this out.
Think about it this way, owners don’t think much about their passwords. But hackers think about what people use the most and manage to get their way. Make sure you use a sentence that’s characteristic to you and you can remember easily. Use the first letters of each word. And then add numbers and symbols intermittently to increase its complexity.
5. Clean up malware and viruses
If your computer isn’t safe, then using it to log into your WordPress website will make it vulnerable too. So if you have malware or a virus on your computer, a hacker can quickly acquire your login details when you access your site. And they will easily be able to access it too. As a result of bypassing all of the security measures you set up.
Maybe you think that the biggest threats are online, and from direct attacks. But a lot of hackers create smart malware that sits on your computer for ages. They steal important info, such as login details. And this is why you need to make sure you install a good anti-virus software. Hence, update it often and scan your computer regularly to ensure that your system is clean.
6. Perform a security check with Plesk’s WordPress Toolkit
Plesk’s WordPress Toolkit is a management dashboard through which you can easily manage, configure and install your WordPress with Plesk. You can have this if you install Plesk panel on your system. Here’s how you can use the Toolkit to perform a WordPress website security check.
WordPress content folder
There are many unsecured PHP files in the /WP-content/ folder that can damage a WordPress site, if someone misuses them. After installing WordPress, you can execute PHP files directly from this directory. This security check will verify if the PHP file execution is forbidden or not.
Bear in mind that any custom directives in /web.config/ or /.htaccess/ files can override the set security measure. Additionally, be aware that some WordPress plugins can stop working when you secure the /WP-content/ folder.
There’s a lot of sensitive information, including database access credentials, within the WP-configt.php file. So after installing WordPress, execute the WP-config.php file. Because if web server PHP file processing is off, any solid hacker can enter your WP-config.php file contents.
And by using the security check, you’ll be able to block any unwanted access to this file. Moreover, you should know that both /web.config/ or /.htaccess/ can override this security measure too.
Directory browsing permissions
If directory browsing is on, it can give hackers the opportunity to acquire important website information. Including how it’s built, which plugins it has, and so on. In Plesk, directory browsing is off by default. And by running a security check, you’ll also confirm if the directory browsing is off.
Each WordPress installation uses identical nomenclature for database tables. If you only use the standard /WP_/ prefix for your database table names, the database structure won’t be secret. Meaning everyone will be able to acquire information from it.
Therefore, the security check will change all the database table prefixes from the default /WP_/. Then, it will deactivate plugins and turn on maintenance mode. After it will change prefixes within the configuration file and the database. And it will re-activate plugins and refresh the permalink structure before it finally switches off maintenance mode.
Permissions for files and directories
If your permissions aren’t compliant with security policies, then all the files that fail to comply will be vulnerable. After the installation is finished, your directories and files may have different permissions. By using a WordPress website security check, you can confirm if the permissions are properly set. It should be 755 directories, 600 for WP-config.php and 644 for all the other files.
All WordPress versions have different security vulnerabilities. This is why you should avoid displaying which version you’re using, as hackers might know its weaknesses. Hackers can find your WordPress version in the /redme.html/ files and the metadata of a page.
By performing a WordPress website security check, you can see if all /readme.html/ files are empty. Plus, you can see that all your themes have a /functions.php/ file that has the text line: Remove_action (/wp_head/ , /wp_generator/)
If you want, you can change security settings and see your security status. First, go to the S column that’s located in Websites & Domains > WordPress. And perform the next steps:
- Click on “check security” to see all your WordPress installations security.
- If you want to secure a single installation find the S column and click the icon next to a particular installation.
- If you want to check multiple installations, check their boxes on the side and click on the check security button.
- In the end, select the checkboxes with the security improvement you want to perform. And then click the secure button.
These are the necessary steps you need to adopt in order to ensure WordPress website security of the highest level. Bear in mind that these measures will still not make your site 100% secure. As there’s no such thing online. However, you’ll drastically reduce the chances of someone breaking into your site in order to steal your data and misuse it online.
DELAND, Fla., Dec. 08, 2017 (GLOBE NEWSWIRE) — ARC Group Worldwide, Inc. (“ARC” or the “Company”) (NASDAQ:ARCW), a leading global provider of advanced manufacturing and metal 3D printing solutions, today announced its intent to commence a rights offering pursuant to which it plans to raise approximately $10.0 million through the distribution of subscription rights and the exercise thereof. The rights will entitle the security holders to purchase shares of the Company’s common stock. The Company has filed with the Securities and Exchange Commission (the “Commission”) a registration statement under the Securities Act of 1933, as amended, in order to effect the rights offering. The rights will be issued to all shareholders as of a record date to be determined by the Company’s Board of Directors. This rights offering will be made through a distribution to shareholders of non-transferable subscription rights. The Company will allocate to each shareholder, by reference to the percentage ownership of the Company on the record date, a proportionate number of the rights offered. The rights offering subscription price per share will be set at a 10% discount to the closing price of the Company’s common stock on the record date, subject to a minimum subscription price of $2.00 per share. The Company will publicly announce the record date, subscription price, and maximum number of shares available for issuance in the rights offering on such date as determined by the Board of Directors. The registration statement relating to these securities has been filed with the Commission, but has not yet become effective. The rights may not be distributed by the Company nor may the Company accept any offers to purchase the rights or any shares underlying the rights prior to the time the registration statement becomes effective. Once the registration statement is declared effective, the subscription period is expected to remain open for 16 days following the record date. Holders who exercise their subscription rights in full will be entitled to over-subscribe for additional shares of common stock, but only to the extent that the rights offering is undersubscribed. In such event, any shares remaining available for issuance at the expiration date of the rights offering shall be allocated pro rata among the shareholders exercising their oversubscription privileges. The Company has entered into backstop agreements with certain existing shareholders, including its majority shareholder Everest Hill Group Inc. (“Everest Hill”), pursuant to which Everest Hill and the other backstop purchasers have agreed to purchase, at the same price per share as the rights offering subscription price, any and all shares not purchased in the rights offering. No compensation is being paid to the backstop purchasers. The gross proceeds from the Company’s offerings are therefore expected to reach the full $10.0 million objective. The Company intends to use the proceeds of this offering for general corporate purposes. This press release does not constitute an offer to sell or the solicitation of an offer to buy these securities, nor will there be any sale of these securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such jurisdiction. The rights offering will be made only by means of a prospectus meeting the requirements of the Securities Act of 1933, as amended. When available, copies of the prospectus relating to the rights offering may be obtained from the subscription agent for the offering: Broadridge Corporate Issuer Solutions, Inc.Attn: BCIS IWS51 Mercedes WayEdgewood, NY 11717Phone: 855-793-5068 About ARC Group Worldwide, Inc. ARC Group Worldwide, Inc. is a global advanced manufacturing and metal 3D printing service provider focused on accelerating speed to market for its customers. ARC provides a holistic set of precision manufacturing solutions, from design and prototyping through full run production. These solutions include metal injection molding, metal 3D printing, metal stamping, plastic injection molding, clean room injection molding, thixomolding, and rapid and conformal tooling. Further, ARC utilizes technology to improve automation in manufacturing through robotics, software and process automation, and lean manufacturing to improve efficiency. Forward Looking Statements This press release may contain “forward-looking” statements as defined in the Private Securities Litigation Reform Act of 1995, which are based on ARC’s current expectations, estimates and projections about future events. These include, but are not limited to, statements, if any, regarding business plans, pro-forma statements and financial projections, ARC’s ability to expand its services and realize growth. These statements are not historical facts or guarantees of future performance, events or results. Such statements involve potential risks and uncertainties, and the general effects of financial, economic, and regulatory conditions affecting our industries. Accordingly, actual results may differ materially. ARC does not have any obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise. For further information on risks and uncertainties that could affect ARC’s business, financial condition and results of operations, readers are encouraged to review Item 1A. – Risk Factors and all other disclosures appearing in ARC’s Form 10-K for the fiscal year ended June 30, 2017, as well as other documents ARC files from time to time with the Securities and Exchange Commission. PHONE: (303) 467-5236Email: InvestorRelations@ARCW.com
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES OTTAWA, Dec. 08, 2017 (GLOBE NEWSWIRE) — Focus Graphite Inc. (TSX-V:FMS) (OTCQX:FCSMF) (FSE:FKC) (“Focus” or the “Company”) is pleased to provide an update following the first closing of its current flow-through offering (the “Offering”) for gross proceeds of $1,290,000 (see the Company’s press release dated November 7, 2017 for more details on the Offering). The Company expects to proceed with the closing of the second tranche shortly and has elected to increase the Offering for an additional 25 million flow-through shares at a price of $0.08 per share ($2 million). The Offering is subject to regulatory approval. About Focus Graphite Focus Graphite Inc. is an advanced exploration and mining company with an objective of producing graphite concentrate at its wholly-owned Lac Knife flake graphite deposit located 27 km south of Fermont, Québec. In a second stage, to meet Québec stakeholder interests of transformation within the province and to add shareholder value. Focus is evaluating the feasibility of producing value added graphite products including battery-grade spherical graphite. Focus Graphite is a technology-oriented graphite mining development company with a vision for building long-term, sustainable shareholder value. Focus also holds a significant equity position in graphene applications developer Grafoid Inc. For more information about Focus Graphite, please visit www.focusgraphite.com. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. Contact: Focus Graphite Inc.Mr. Gary EconomoChief Executive Officeremail@example.com
Evaluation Based on Completeness of Vision and Ability to Execute
company, today announced it has been positioned by
Leaders quadrant of the inaugural “Magic Quadrant for Cloud Access
Security Brokersi” for its Symantec CloudSOC platform.
The Gartner Magic Quadrant is the culmination of research in a specific
market and offers a graphical portrayal of vendor performance, including
categories for Leaders, Challengers, Visionaries, and Niche Players.
Criteria by which the vendors are measured include a company’s
completeness of vision and ability to execute. This report focused on
Cloud Access Security Brokers (CASBs) evaluated 11 different vendors and
Geared toward solving the unique security challenges of the “Cloud
visibility, data security and threat protection for cloud-based
platform-centric approach by integrating critical enterprise security
infrastructure, such as Data Loss Prevention (DLP), Secure Web Gateway
(SWG), and Advanced Malware Protection across its entire product
portfolio, including CASB solutions.
“As companies increasingly move business-critical information to the
cloud, it’s crucial that we deliver a holistic and integrated security
solution to protect that information and help organizations meet data
compliance requirements,” said
“Our CASB solution brings together our expertise in data loss prevention
and network security to give CISOs the control and protection their
Symantec’s CloudSOC platform approach to CASB leverages advanced data
science and machine learning to deliver effective and scalable
protection of cloud activity. Key features include discovery of Shadow
IT, data governance and granular controls, encryption and tokenization,
user behavior analytics, malware protection, and post-incident analysis.
More information can be found hereiii.
research publications, and does not advise technology users to select
only those vendors with the highest ratings or other designation.
research organization and should not be construed as statements of fact.
this research, including any warranties of merchantability or fitness
for a particular purpose.
company, helps organizations, governments and people secure their most
important data wherever it lives. Organizations across the world look to
sophisticated attacks across endpoints, cloud and infrastructure.
Likewise, a global community of more than 50 million people and families
rely on Symantec’s Norton suite of products for protection at home and
across all of their devices.
largest civilian cyber intelligence networks, allowing it to see and
protect against the most advanced threats. For additional information,
please visit www.symantec.com or
connect with us on
CHICAGO, Dec. 08, 2017 (GLOBE NEWSWIRE) — Oil-Dri Corporation of America (NYSE:ODC), producer and marketer of sorbent mineral products supplying pet care, animal health, fluids purification, agricultural ingredient, sports field, industrial and automotive markets, today announced its first quarter fiscal 2018 earnings. Oil-Dri reported the following key metrics (As of October 31, 2017, compared to the same period of the prior year): Net sales of $66,646,000, flat Net income of $3,050,000, up 52% Earnings per diluted share of $0.41, up 46% Business-to-Business Products Group Net sales of $27,087,000, down 1%Segment operating income of $ 8,876,000, down 6% Retail and Wholesale Products Group Net sales of $39,559,000, up 1%Segment operating income of $2,365,000, compared to a lossPresident and Chief Executive Officer, Daniel S. Jaffee stated, “We are pleased that sales of our private label lightweight scoopable litter products continued to see strong growth compared to the first quarter of last year. This gain can be directly attributed to both new distribution and increased sales to existing retail customers. First quarter results were notably impacted by an approximate $3,200,000 reduction in advertising expenses. As we hone our focus on the promotion of all lightweight litter products in the balance of fiscal 2018, we expect advertising expense levels similar to that of fiscal year 2017. For more detailed information on our first quarter 2018 results, please review our Form 10-Q that was filed today and join us for our next earnings teleconference on December 11th. Call details are available on our website’s ‘Events’ page.” While Oil-Dri’s founding product was granular clay floor absorbents, it has since greatly diversified its portfolio. The Company’s mission to “Create Value from Sorbent Minerals” is supported by its wide array of consumer and business to business product offerings. In 2016, Oil-Dri celebrated its seventy-fifth year of business and looks forward to the next milestone. The Company will host its first quarter fiscal 2018 earnings teleconference on Monday, December 11, 2017 and its second quarter teleconference on Monday, March 12, 2018. Both teleconferences will commence at 10:00 am, Central Time. Dial-in details will be communicated via web alert approximately one week prior to the calls. Oil-Dri will host its Annual Meeting of Stockholders on Tuesday, December 12, 2017 starting at 9:30 am, Central Time. The meeting will be held at The Standard Club, 320 South Plymouth Court, Chicago, Illinois 60604. The record date for voting eligibility at the Annual Meeting was October 16, 2017. “Oil-Dri” is a registered trademark of Oil-Dri Corporation of America. Certain statements in this press release may contain forward-looking statements that are based on our current expectations, estimates, forecasts and projections about our future performance, our business, our beliefs, and our management’s assumptions. In addition, we, or others on our behalf, may make forward-looking statements in other press releases or written statements, or in our communications and discussions with investors and analysts in the normal course of business through meetings, webcasts, phone calls, and conference calls. Words such as “expect,” “outlook,” “forecast,” “would”, “could,” “should,” “project,” “intend,” “plan,” “continue,” “believe,” “seek,” “estimate,” “anticipate, “may,” “assume,” or variations of such words and similar expressions are intended to identify such forward-looking statements, which are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such statements are subject to certain risks, uncertainties and assumptions that could cause actual results to differ materially including, but not limited to, the dependence of our future growth and financial performance on successful new product introductions, intense competition in our markets, volatility of our quarterly results, risks associated with acquisitions, our dependence on a limited number of customers for a large portion of our net sales and other risks, uncertainties and assumptions that are described in Item 1A (Risk Factors) of our most recent Annual Report on Form 10-K and other reports we file with the Securities and Exchange Commission. Should one or more of these or other risks or uncertainties materialize, or should underlying assumptions prove incorrect, our actual results may vary materially from those anticipated, intended, expected, believed, estimated, projected or planned. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. Except to the extent required by law, we do not have any intention or obligation to update publicly any forward-looking statements after the distribution of this press release, whether as a result of new information, future events, changes in assumptions, or otherwise. CONSOLIDATED STATEMENTS OF INCOME (in thousands, except per share amounts) (unaudited) First Quarter Ended October 31 2017 % of Sales 2016 % of SalesNet Sales$66,646 100.0% $66,612 100.0%Cost of Sales(47,677) (71.5)% (45,887) (68.9)%Gross Profit18,969 28.5% 20,725 31.1%Selling, General and Administrative Expenses(15,053) (22.6)% (17,679) (26.5)%Operating Income3,916 5.9% 3,046 4.6%Interest Expense(201) (0.3)% (251) (0.4)%Other Income (Loss)124 0.2% (116) (0.2)%Income Before Income Taxes3,839 5.8% 2,679 4.0%Income Tax (Expense) Benefit(789) (1.2)% (670) (1.0)%Net Income$3,050 4.6% $2,009 3.0%Net Income Per Share: Basic Common$0.45 $0.30 Basic Class B Common$0.34 $0.23 Diluted Common$0.41 $0.28 Average Shares Outstanding: Basic Common5,025 5,004 Basic Class B Common2,090 2,067 Diluted Common7,211 7,138 CONSOLIDATED BALANCE SHEETS (in thousands, except per share amounts) (unaudited) As of October 31 2017 2016Current Assets Cash and Cash Equivalents $8,401 $15,991 Short-term Investments 18,133 5,359 Accounts Receivable, Net 32,054 30,971 Inventories 22,759 23,567 Prepaid Expenses (1) 7,554 6,227 Total Current Assets 88,901 82,115 Property, Plant and Equipment, Net 84,251 81,688 Other Assets (1) 33,765 36,264 Total Assets $206,917 $200,067 Current Liabilities Current Maturities of Notes Payable $3,083 $3,083 Accounts Payable 7,828 6,910 Dividends Payable 1,559 1,479 Accrued Expenses 15,277 15,855 Total Current Liabilities 27,747 27,327 Noncurrent Liabilities Notes Payable 6,085 9,140 Other Noncurrent Liabilities 44,975 46,826 Total Noncurrent Liabilities 51,060 55,966 Stockholders’ Equity 128,110 116,774 Total Liabilities and Stockholders’ Equity $206,917 $200,067 Book Value Per Share Outstanding $18.01 $16.51 Acquisitions of: Property, Plant and EquipmentFirst Quarter$4,045 $4,295 Year To Date$4,045 $4,295 Depreciation and Amortization ChargesFirst Quarter$3,192 $3,159 Year To Date$3,192 $3,159 (1) Prior year amounts have been retrospectively adjusted to conform to the current year presentation of current deferred income taxes required by new guidance under Accounting Standards Codification ( “ASC ”) 740, Balance Sheet Classification of Deferred Taxes. CONSOLIDATED STATEMENTS OF CASH FLOWS (in thousands) (unaudited) For the Three Months Ended October 31 2017 2016CASH FLOWS FROM OPERATING ACTIVITIES Net Income$3,050 $2,009 Adjustments to reconcile net income to net cash provided by operating activities, net of acquisition: Depreciation and Amortization3,192 3,159 Decrease (Increase) in Accounts Receivable718 (688) Increase in Inventories(154) (367) (Decrease) Increase in Accounts Payable(825) 476 Decrease in Accrued Expenses(3,275) (3,592) Increase in Pension and Postretirement Benefits334 464 Other(472) (136)Total Adjustments(482) (684)Net Cash Provided by Operating Activities2,568 1,325 CASH FLOWS FROM INVESTING ACTIVITIES Capital Expenditures(4,045) (4,295)Net Purchase of Investment Securities5,468 4,827 Other8 1 Net Cash Provided by Investing Activities1,431 533 CASH FLOWS FROM FINANCING ACTIVITIES Principal Payments on Long-Term Debt(3,083) (3,083)Dividends Paid(1,553) (1,477)Purchase of Treasury Stock(27) (122)Other0 128 Net Cash Used in Financing Activities(4,663) (4,554) Effect of exchange rate changes on cash and cash equivalents(30) 58 Net Decrease in Cash and Cash Equivalents(694) (2,638)Cash and Cash Equivalents, Beginning of Period9,095 18,629 Cash and Cash Equivalents, End of Period$8,401 $15,991
LOUISVILLE, Ky. and CAMBRIDGE Mass., Dec. 08, 2017 (GLOBE NEWSWIRE) — Apellis Pharmaceuticals, Inc. (Nasdaq:APLS), a clinical-stage biopharmaceutical company developing a platform of novel therapeutic compounds for the treatment of autoimmune diseases, will present an update on its Phase 1b PHAROAH trial at the 12th Annual Scientific Assembly of the International PNH Interest Group (IPIG) in Atlanta. The PHAROAH trial evaluates treatment with APL-2 in combination with eculizumab in patients with paroxysmal nocturnal hemoglobinuria (PNH) who have low hemoglobin levels despite treatment with eculizumab. Six patients were enrolled in the PHAROAH trial and two discontinued due to reasons unrelated to therapy. Four patients continue to be treated with daily doses of APL-2 270mg in combination with eculizumab for at least 12 months. Their average baseline hemoglobin level was 8.9 g/dL (normal range 12.0-15.0 g/dL) and the average number of transfusions in the 12 months preceding initiation of treatment was 5.25. Three of four patients were being treated with eculizumab at doses or frequencies in excess of 900mg/bi-weekly, while the remaining patient was being treated with 900mg/bi-weekly. The four patients had an average baseline reticulocyte count of 332 103 μL (normal range 39.0 – 123.0 103 μL) and average lactate dehydrogenase (LDH) levels of 210 U/L (normal range 110 -209 U/L). All four patients remain transfusion independent with an average hemoglobin level of 11.6 g/dL (range 10.4 – 12.7 g/dL) at one year of treatment. Average reticulocyte count decreased to 56.02 103 μL by month one and has remained steady since that time. Average LDH level was 184.5 U/L at one year of treatment. The three patients co-treated with high dose eculizumab have had their dose lowered to 900 mg bi-weekly during the course of the study, with no impact on hemoglobin, LDH or reticulocytes. About Paroxysmal Nocturnal HemoglobinuriaParoxysmal nocturnal hemoglobinuria (PNH) is a rare, acquired, potentially life-threatening disease characterized by complement-mediated hemolysis with or without hemoglobinuria, an increased susceptibility to thrombotic episodes and/or some degree of bone marrow dysfunction. A significant subset of patients treated with the current standard of care still suffer from debilitating anemia and transfusion dependence. About APL-2APL-2 is designed to inhibit the complement cascade centrally at C3, and may have the potential to treat a wide range of complement-mediated diseases more effectively than is possible with partial inhibitors of complement. APL-2 is a synthetic cyclic peptide conjugated to a polyethylene glycol (PEG) polymer that binds specifically to C3 and C3b, effectively blocking all three pathways of complement activation (classical, lectin, and alternative). About ApellisApellis Pharmaceuticals, Inc. is a clinical-stage biopharmaceutical company focused on the development of novel therapeutic compounds for the treatment of a broad range of life-threatening or debilitating autoimmune diseases based upon complement immunotherapy through the inhibition of the complement system at the level of C3. Apellis is the first company to advance chronic therapy with a C3 inhibitor into clinical trials. For additional information about Apellis and APL-2, please visit http://www.apellis.com. Forward-Looking StatementsStatements in this press release about future expectations, plans and prospects, as well as any other statements regarding matters that are not historical facts, may constitute “forward-looking statements” within the meaning of The Private Securities Litigation Reform Act of 1995. These statements include, but are not limited to, statements relating to the implications of preliminary clinical data. The words “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “plan,” “potential,” “predict,” “project,” “should,” “target,” “will,” “would” and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors, including: whether preliminary or interim results from a clinical trial will be predictive of the final results of the trial; whether results obtained in preclinical studies and clinical trials will be indicative of results that will be generated in future clinical trials; whether APL-2 will successfully advance through the clinical trial process on a timely basis, or at all, and receive approval from the United States Food and Drug Administration or equivalent foreign regulatory agencies; whether, if Apellis’ products receive approval, they will be successfully distributed and marketed; and other factors discussed in the “Risk Factors” section of Apellis’ Prospectus filed with the Securities and Exchange Commission on November 9, 2017, and the risks described in other filings that Apellis may make with the Securities and Exchange Commission. Any forward-looking statements contained in this press release speak only as of the date hereof, and Apellis specifically disclaims any obligation to update any forward-looking statement, whether as a result of of new information, future events or otherwise. Media Contact:Tully Nicholastnicholas@denterlein.com 617.482.0042 (office)860.490.0218 (mobile)