Month: March 2020

TYLER, Texas, March 13, 2020 (GLOBE NEWSWIRE) — Southside Bancshares, Inc. (NASDAQ:SBSI), the holding company of Southside Bank, announced that its Board of Directors has increased its authorization under the Company’s current Stock Repurchase Plan (the “Plan”) by an additional 1.0 million shares, for a total authorization to repurchase up to 2.0 million shares of the Company’s common stock from time to time.Under the Plan, previously announced in September 2019, the Company has purchased approximately 387,000 shares at an average price of $31.52 through March 12, 2020, resulting in approximately 1.6 million authorized shares remaining.Repurchases may be carried out in open market purchases, privately negotiated transactions and pursuant to any trading plan that might be adopted in accordance with Rule 10b5-1 of the Securities...

VANCOUVER, British Columbia, March 13, 2020 (GLOBE NEWSWIRE) — (CSE: REO) – Reservoir Capital Corp. (CSE: REO) (“REO” or the “Company”) is pleased to announce that, through its wholly-owned subsidiary, Kainji Power Holding Limited (“KPHL“), it has entered into a share sale and purchase agreement (the “Agreement”) with Olocorp Nigeria Ltd. (“OLOCORP”) and its major shareholder Eric Olo (“EOLO”) and his sister Clara, jointly the “Vendors”, pursuant to which REO shall acquire the remaining 40% equity stake in OLOCORP (the “Transaction”) in a Transaction that will compensate the Vendors with 46 million new REO common shares (“REO Shares”).About Olocorp Nigeria LimitedOLOCORP is a limited liability company registered in Nigeria in 2013 for the main purpose of holding shares in NSP, and currently owns 7,297,297...

STUART, Fla., March 13, 2020 (GLOBE NEWSWIRE) — Seacoast Banking Corporation of Florida (NASDAQ: SBCF) (“Seacoast”), the holding company for Seacoast National Bank (“Seacoast Bank”), announced today the completion of its acquisition of First Bank of the Palm Beaches (“First Bank”), effective March 13, 2020, pursuant to the merger of First Bank with and into Seacoast.Under the terms of the merger agreement, First Bank shareholders will receive 0.2000 shares of Seacoast common stock for each share of First Bank common stock. The resulting aggregate merger consideration paid by Seacoast was approximately $21.9 million.First Bank, headquartered in West Palm Beach, has deposits of approximately $173 million and loans of $143 million as of December 31, 2019. Prior to the merger, First Bank operated...

TORONTO, March 13, 2020 (GLOBE NEWSWIRE) — DREAM OFFICE REAL ESTATE INVESTMENT TRUST (D.UN-TSX) or (“Dream Office REIT”, the “Trust” or “we”) announced today that it indirectly acquired 118,039 units (“Units”) of Dream Industrial Real Estate Investment Trust (TSX: DIR.UN) (“Dream Industrial REIT”), representing approximately 0.08% of the issued and outstanding Units, pursuant to Dream Industrial REIT’s dividend reinvestment and unit purchase plan (“DRIP”) and the DRIP-like features of the limited partnership agreement governing Dream Industrial LP (the “Industrial LP Agreement”).  The 118,039 Units are referred to as the “Acquired Units”.The Acquired Units were indirectly acquired by Dream Office REIT pursuant to its election to reinvest the full amount of the March 13, 2020 distribution payable on the Units and the LP B Units indirectly...

CALGARY, Alberta, March 13, 2020 (GLOBE NEWSWIRE) — Zargon Oil & Gas Ltd. (“Zargon” or the “Company”) (TSX:ZAR) has released its 2019 fourth quarter and full year financial results. Highlights from the fourth quarter and year ended Dec. 31, 2019 are provided below: HIGHLIGHTS FROM THE FOURTH QUARTER AND YEAR ENDED DECEMBER 31, 2019

Folsom, March 13, 2020 (GLOBE NEWSWIRE) — Media Contact:  609-561-9000 x4496Media@sjindustries.comFOR IMMEDIATE RELEASESouth Jersey Gas Files Rate Case with the New Jersey Board of Public UtilitiesFOLSOM, N.J. – Mar. 13, 2020 – South Jersey Gas, a subsidiary of SJI (NYSE: SJI), today filed a petition with the New Jersey Board of Public Utilities requesting a revenue increase of approximately $75.3 million to recognize the infrastructure investments made to maintain the safety and reliability of its natural gas delivery system.Since South Jersey Gas last filed a base rate case in 2017, the Company has made approximately $341 million of net plant additions not currently reflected in rates.About South Jersey GasSouth Jersey Gas, subsidiary of SJI (NYSE:SJI), delivers safe, reliable, affordable natural gas and promotes energy efficiency...

LAS VEGAS, Nevada, March 13, 2020 (GLOBE NEWSWIRE) — Consumer Portfolio Services, Inc. (Nasdaq: CPSS) (“CPS” or the “Company”) today announced that it will hold a conference call on Tuesday, March 17, 2020 at 1:00 p.m. ET to discuss its fourth quarter 2019 operating results. Those wishing to participate by telephone may dial-in at 877 312-5502, or 253 237-1131 for international participants, approximately 10 minutes prior to the scheduled time. The conference identification number is 2569779.A replay of the conference call will be available between March 17 and March 24, 2020, beginning two hours after conclusion of the call, by dialing 855 859-2056 or 404 537-3406 for international participants, with conference identification number 2569779. A broadcast of the conference call will also be available live and for 90 days after the...

VANCOUVER, British Columbia, March 13, 2020 (GLOBE NEWSWIRE) — Champignon Brands Inc. (“Champignon” or the “Company”) (CSE: SHRM) (FWB: 496), a wellness company specializing in medicinal mushroom and mushroom-infused products, continues to accelerate its vertical integration through the addition of craft mushroom production, manufacturing and research capabilities. The Company is pleased to announce it has entered into a definitive agreement (the “Agreement”) to acquire Artisan Growers Ltd. (“Artisan Growers”), a British Columbia based craft mushroom cultivator and supplier.Artisan Growers operates a craft mushroom cultivation facility capable of producing an assortment of organic craft mushroom varietals including Lion’s Mane, Chaga, Reishi and Agaricus Blazei. Artisan Growers utilizes a variety of cultivation techniques and grow...

VANCOUVER, Colombie-Britannique, 13 mars 2020 (GLOBE NEWSWIRE) — Champignon Brands Inc. (« Champignon » ou la « société ») (CSE : SHRM), une entreprise axée sur le bien-être et spécialisée dans la formulation et la distribution d’une gamme de produits de consommation courante à base de champignons médicinaux, continue son intégration verticale en ajoutant des capacités de production, de fabrication et de recherche en matière de champignons artisanaux. La société est heureuse d’annoncer qu’elle a conclu une entente définitive (l ‘ « entente ») pour l’acquisition d’Artisan Growers Ltd. (« Artisan Growers »), un producteur et fournisseur de champignons artisanaux de la Colombie-Britannique.Artisan Growers exploite une installation de culture de champignons artisanale capable de produire un assortiment...

NEW YORK, NY, March 13, 2020 (GLOBE NEWSWIRE) — East Stone Acquisition Corporation (Nasdaq: ESSCU) (the “Company”) announced today that, commencing March 17, 2020, holders of the 13,800,000 units sold in the Company’s initial public offering may elect to separately trade the Company’s ordinary shares, warrants and rights included in the units. Ordinary shares, warrants and rights that are separated will trade on The Nasdaq Capital Market under the symbols “ESSC,” “ESSCW” and “ESSCR,” respectively. Those units not separated will continue to trade on The Nasdaq Capital Market under the symbol “ESSCU.” Holders of units will need to have their brokers contact Continental Stock Transfer & Trust Company, the Company’s transfer agent, in order to separate the units into ordinary shares, warrants and rights.A registration statement...