Day: November 15, 2019

Allied Announces November 2019 Distribution

Written by Customer Service on November 15, 2019. Posted in Public Companies.

TORONTO, Nov. 15, 2019 (GLOBE NEWSWIRE) — Allied Properties REIT (“Allied”) (TSX:AP.UN) announced today that the Trustees of Allied have declared a distribution of $0.133 per unit for the month of November 2019, representing $1.60 per unit on an annualized basis. The distribution will be payable on December 16, 2019, to unitholders of record as at November 30, 2019.Allied is a leading owner, manager and developer of (i) distinctive urban workspace in Canada’s major cities and (ii) network-dense urban data centres in Toronto that form Canada’s hub for global connectivity. Allied’s business is providing knowledge-based organizations with distinctive urban environments for creativity and connectivity.FOR FURTHER INFORMATION, PLEASE CONTACT:Michael R. EmoryPresident and Chief Executive Officer(416) 977-9002memory@alliedreit.com Cecilia...

Sterling Bancorp Launches New Innovation Finance Group

Written by Customer Service on November 15, 2019. Posted in Public Companies.

MONTEBELLO, N.Y., Nov. 15, 2019 (GLOBE NEWSWIRE) — Sterling Bancorp (NYSE: STL), of which the principal subsidiary is Sterling National Bank, today announced that it has added veteran technology bankers John Hoesley and Josh Roberts to lead its newly created Innovation Finance Group.The Innovation Finance Group will focus on providing a full suite of lending and banking products to growing technology companies across all stages of development, including asset-based solutions, recurring revenue-based revolving lines of credit, treasury management, foreign exchange and other solutions.“We are excited to establish a team that can meet the needs of the rapidly expanding technology sector,” said Tom Geisel, Sterling Corporate Banking President. “Under John and Josh’s leadership, we will provide a unique offering of efficient banking...

Sonor Investments Limited Reports Third Quarter Financial Results

Written by Customer Service on November 15, 2019. Posted in Public Companies.

TORONTO, Nov. 15, 2019 (GLOBE NEWSWIRE) — Sonor Investments Limited today reported its financial results for the nine months ended September 30, 2019.Michael Gardiner, Chairman and CEO, stated that as at September 30, 2019 the Company’s assets totaled $69.6 million. These assets included $8.6 million of marketable securities, $35.6 million in a private investment and $25.4 million of cash, cash equivalents and short term investments.During the nine months ended September 30, 2019, the Company realized $124,000 of net capital gains on the sale of investments. In the comparable period for 2018 the Company realized $872,000 of net capital gains on the sale of investments. During the three months ended September 30, 2019 there were $98,000 in capital gains compared to $66,000 in capital gains on the sale of investments during the three...

Bergio International Announces Results for the Third Quarter of 2019

Written by Customer Service on November 15, 2019. Posted in Public Companies.

FAIRFIELD, NJ, Nov. 15, 2019 (GLOBE NEWSWIRE) — via NEWMEDIAWIRE — Bergio International, Inc. (OTC: BRGO) (“Bergio” or the “Company”), a leading designer, manufacturer and retail outlet for the Bergio Brand of designer jewelry, including exquisite collections of rings, necklaces, earrings and other fine accessories, announced today its results for the third quarter ended on September 30, 2019.For the third quarter, which ended on September 30, 2019, the Company reported a 120% increase in revenues to $137,032 as compared to $62,313 for the same period of the prior year. For the nine months ended September 30, 2019 revenues were $358,104 compared to $272,184 for the same period of 2018, an increase of 31.6%. Gross profit as a percent of revenues is at 64%. The improvement in revenues and gross profit...

NF Energy Saving Corporation Announces Third Quarter 2019 Financial Results

Written by Customer Service on November 15, 2019. Posted in Public Companies.

NEW YORK, Nov. 15, 2019 (GLOBE NEWSWIRE) — NF Energy Saving Corporation (NASDAQ: BIMI) (“BIMI” or the “Company”) today reported financial results for the third quarter ended September 30, 2019.Third Quarter 2019 Financial Highlights:Revenues were $208,402 and $1,120,804 for the three and nine months ended September 30, 2019, respectively.Total cost of revenues was $281,014 and $1,030,862 for the three and nine months ended September 30, 2019. Net loss for the three and nine months ended September 30, 2019 of was $547,689 and $1,973,382.“The third quarter results only reflected our business ended September 30, 2019. Our new acquisition of Boqi Zhengji Pharmacy was not reflected in the current report.” said Mr. Tiewei Song, Chief Executive Officer and President of NF Energy Saving Corporation. “With our...

Donegal Group Inc. Announces Consolidation of Subsidiaries

Written by Customer Service on November 15, 2019. Posted in Mergers And Acquisitions.

MARIETTA, Pa., Nov. 15, 2019 (GLOBE NEWSWIRE) — Donegal Group Inc. (NASDAQ:DGICA) and (NASDAQ:DGICB) announced that it plans to consolidate several of its wholly-owned insurance subsidiaries to simplify its organizational structure and reduce administrative costs. Effective December 1, 2019, Le Mars Insurance Company (“Le Mars”), an Iowa property and casualty insurance company, and Sheboygan Falls Insurance Company (“Sheboygan Falls”), a Wisconsin property and casualty insurance company, will merge with and into Atlantic States Insurance Company (“Atlantic States”), a Pennsylvania property and casualty insurance company (the “Mergers”). As a result of the Mergers, the separate corporate existences of Le Mars and Sheboygan Falls will cease and Atlantic States will continue as the surviving insurance company. The parties to the Mergers...

Security Federal Corporation Announces Cash Dividend

Written by Customer Service on November 15, 2019. Posted in Dividend Reports And Estimates.

AIKEN, S.C., Nov. 15, 2019 (GLOBE NEWSWIRE) — Security Federal Corporation, parent company of Security Federal Bank, is pleased to announce that a quarterly dividend of $0.10 per share will be paid on or about December 15, 2019 to shareholders of record as of November 30, 2019. This is the one hundred sixteenth consecutive quarterly dividend to shareholders since the Bank’s conversion in October of 1987 from a mutual to a stock form of ownership. The dividend was declared as a result of the Bank’s continued profitability.Security Federal Bank has seventeen full service branch locations in Aiken, Ballentine, Clearwater, Columbia, Graniteville, Langley, Lexington, North Augusta, Ridge Spring, Wagener and West Columbia, South Carolina and Evans and Augusta, Georgia. A full range of financial services, including trust and investments,...

Crosswinds Announces Update on Letter of Intent

Written by Customer Service on November 15, 2019. Posted in Dividend Reports And Estimates.

TORONTO, Nov. 15, 2019 (GLOBE NEWSWIRE) — Crosswinds Holdings Inc. (“Crosswinds” or the “Company”) announces that the binding letter of intent previously announced on November 13, 2018, is unlikely to be completed and the Company now expects to make a distribution to shareholders in December 2019.More informationJ. Roy PottleTel: 1-508-344-2640info@crosswindsinc.comwww.crosswindsinc.comCaution Regarding Forward-Looking InformationThis release includes certain forward-looking statements within the meaning of applicable securities laws, including statements regarding anticipated distributions to the Company’s shareholders. Forward-looking statements generally can be identified by the use of forward-looking terminology such as “may”, “will”, “expect”, “intend”, “estimate”, “anticipate”, “believe”, “should”, “plans” or “continue” or...

DNO Increases North Sea Financing Facilities

Written by Customer Service on November 15, 2019. Posted in Public Companies.

Oslo, 15 November 2019 – DNO ASA, the Norwegian oil and gas operator, today announced that its wholly owned subsidiary, DNO North Sea plc, formerly Faroe Petroleum plc, has increased and extended its reserve based lending (RBL) facility and its exploration financing facility (EFF).As amended, the RBL facility limit has been increased from USD 245 million to USD 350 million. Furthermore, an additional tranche of USD 350 million will be available on an uncommitted accordion basis and the final maturity date has been extended to November 2026. The RBL facility covers DNO’s Norwegian and UK assets and is available for both debt financing and issuance of letters of credit.Similarly, the EFF facility limit has been increased from NOK 700 million to NOK 1,000 million and an additional tranche of NOK 500 million is available on an uncommitted...

Badger Daylighting Ltd. November 2019 Cash Dividend

Written by Customer Service on November 15, 2019. Posted in Public Companies.

CALGARY, Alberta, Nov. 15, 2019 (GLOBE NEWSWIRE) — Badger Daylighting Ltd. (“Badger”) is pleased to announce its November 2019 cash dividend.November 2019 Cash DividendBadger today announced that the directors of Badger declared a cash dividend for the month of November 2019 of $0.0475 per share, which equates to $0.57 per share on an annualized basis. Payment will be made on or about December 15, 2019 to shareholders of record on November 30, 2019.Badger expects that the dividend will be an “eligible dividend” for Canadian income tax purposes and thus qualify for the enhanced gross-up and tax credit regime for certain shareholders.About Badger Daylighting Ltd.Badger Daylighting Ltd. (TSX:BAD) is North America’s largest provider of non-destructive excavating services. Badger traditionally works for contractors and facility owners...

Day: November 15, 2019

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