Day: July 20, 2020

MEMPHIS, Tenn., July 20, 2020 (GLOBE NEWSWIRE) — First Horizon National Corp. (NYSE:FHN) today announced First Horizon Bank’s completion of the acquisition of 30 branches from SunTrust now Truist. The transaction, which adds approximately $440 million in loans and $2.3 billion in deposits, further enhances the bank’s presence in key growth markets such as Durham, Chapel Hill and Winston-Salem, North Carolina, and extends its banking footprint into additional attractive markets in Virginia and Georgia. “Today marks another milestone for First Horizon as we continue to build a leading southern financial services organization,” said President and CEO Bryan Jordan. “In addition to our recent merger of equals with IBERIABANK, this transaction enhances our ability to serve clients and communities, accelerate growth and drive long-term...

MCLEAN, Va., July 20, 2020 (GLOBE NEWSWIRE) — Freddie Mac (OTCQB: FMCC) Multifamily today announced that Ling Xu has been named vice president of Multifamily Investments & Portfolio Management. In her new role, Ling will be adding market risk and capital strategy to her current responsibilities, which include management of our Multifamily portfolio strategy, hedging and balance sheet management. She is also responsible for developing and expanding our Multifamily credit risk transfer executions, including Reinsurance, Whole Loan Investment Funds, PCs and Structured Credit Risk Notes.“Ling is a strong leader and has been an important part of ensuring Freddie Mac Multifamily capital market offerings and risk management continues to set the standard for our industry,” said Robert Koontz, senior vice president of Freddie Mac Multifamily...

VANCOUVER, British Columbia, July 20, 2020 (GLOBE NEWSWIRE) — AsiaBaseMetals Inc. (TSX.V: ABZ) (the “Company”) is pleased to announce that it has entered into an arrangement agreement (the “Arrangement Agreement“) with its newly incorporated wholly-owned subsidiaries, Mantra Exploration Inc. (“SpinCo 1”), Mantra Pharma Inc. (“SpinCo2”) and Mantra 2 Real Estate Inc. (“SpinCo 3”, and collectively with SpinCo1 and SpinCo 2, the “SpinCo Entities”) pursuant to which the parties intend to complete a spinout transaction by way of a court approved plan of arrangement under the Business Corporations Act (British Columbia) (the “Arrangement”).  Additionally, the Company is pleased to announce that it has received an Interim Order from the Supreme Court of British Columbia (the “Court“) on July 17, 2020. The Interim...

LA JOLLA, Calif., July 20, 2020 (GLOBE NEWSWIRE) — INmune Bio, Inc. (NASDAQ: INMB) (the “Company” or “INmune”), a clinical-stage immunology company focused on developing treatments that harness a patient’s innate immune system to fight disease, today announced the  closing of its previously announced underwritten public offering of an aggregate of 2,173,914 shares of its common stock at a public offering price of $10.00 per share and the exercise in full of the underwriters’ option to purchase an additional 326,086 shares of common stock. A total of 2,500,000 shares of common stock were issued in the offering, including the full exercise of the over-allotment option. The gross proceeds to INmune from this offering are approximately $23.1 million, before deducting underwriting discounts and commissions and other offering expenses...

 AS Pro Kapital Grupp informs its investors about the initiation of the merger of two subsidiaries, PK Invest Ltd and its wholly owned subsidiary PK Bonum Ltd. On 29 June 2020, the General Meetings of Shareholders of both companies decided to initiate the merger between two companies, aimed at simplifying the group’s structure. On 21 July, in Lithuania both companies will publicly announce about preparation of the Terms of Merger on 30 June.PK Bonum Ltd is a company, 100% owned by PK Invest Ltd. PK Invest Ltd is a 100% subsidiary of Pro Kapital Vilnus Real Estate Ltd. Pro Kapital Vilnius Real Estate Ltd is a 100% subsidiary of AS Pro Kapital Grupp. As PK Bonum Ltd activity was related to one project, which has been successfully completed, the parent company decided that is more efficient to integrate the PK Bonum Ltd into PK Invest Ltd....

AS Pro Kapital Grupp informs its investors about the initiation of the merger of two subsidiaries, PK Invest Ltd and its wholly owned subsidiary PK Bonum Ltd. On 29 June 2020, the General Meetings of Shareholders of both companies decided to initiate the merger between two companies, aimed at simplifying the group’s structure. On 21 July, in Lithuania both companies will publicly announce about preparation of the Terms of Merger on 30 June.PK Bonum Ltd is a company, 100% owned by PK Invest Ltd. PK Invest Ltd is a 100% subsidiary of Pro Kapital Vilnus Real Estate Ltd. Pro Kapital Vilnius Real Estate Ltd is a 100% subsidiary of AS Pro Kapital Grupp. As PK Bonum Ltd activity was related to one project, which has been successfully completed, the parent company decided that is more efficient to integrate the PK Bonum Ltd into PK Invest Ltd....

AS Pro Kapital Grupp teavitab investoreid kontserni kahe tütarettevõtte, PK Invest UAB ja tema täielikus omanduses oleva PK Bonum UAB, ühinemise algatamisest. Mõlema ettevõtte 29. juunil 2020 toimunud  omanike Üldkoosolekutel otsustati algatada kahe ettevõtte ühinemine. Ühinemise eesmärk on lihtsustada kontserni struktuuri. Mõlemad ettevõtted avalikustavad Leedus 21. juulil ühinemise tingimused seisuga 30. juuni.PK Bonum UAB on ettevõte, mille  100%-ne osalus kuulub PK Invest UAB-le. PK Invest UAB on Pro Kapital Vilnus Real Estate UAB 100%-ne tütarettevõte. Pro Kapital Vilnius Real Estate UAB on omakorda AS Pro Kapital Grupp 100%-ne tütarettevõte. Kuna PK Bonum UAB tegevus oli seotud ühe kinnisvara arendusprojektiga, mis on tänaseks edukalt lõpule viidud, otsustas emaettevõte, et PK Bonum UAB on tõhusam integreerida PK Invest UAB tegevusega....

TORONTO, July 20, 2020 (GLOBE NEWSWIRE) — Datametrex AI Limited (the “Company” or “Datametrex”) (TSXV: DM, FSE: D4G) is pleased to announce that it has successfully been awarded the third milestone of a multi phase R&D program through Canada’a Department of National Defence Innovation for Defence Excellence and Security (“IDEaS”) program.The Company will be receiving approximately $208,800.00 CAD for Component 1b Milestone 3, to further develop Nexalogy SMART, Social Media Automated Reporting Technologies, while also expanding its fake news and narrative detection technologies.IDEaS was announced in Canada’s new defence policy, Strong, Secure, Engaged, and commits to $1.6 billion of investment in innovations for defence and security over the next 20 years. IDEaS supports the development of solutions from their conceptual stage,...

NEWPORT NEWS, Va., July 20, 2020 (GLOBE NEWSWIRE) — Huntington Ingalls Industries (NYSE:HII) announced today that The Apprentice School at its Newport News Shipbuilding division has been approved  by the State Council of Higher Education for Virginia to operate as a postsecondary institution. The certification gives the school the authority to grant academic degrees, further enhancing its national reputation as the model apprenticeship program.The school plans to grant associates of applied science degrees in maritime technology in 26 disciplines, including maintenance electrician, marine designer, nuclear test technician and modeling and simulation program analyst. Final approval of the degree programs by the Council of Occupational Education is expected to be made later this year.“This is an historic milestone for The Apprentice...