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Day: October 20, 2020

Victory Square Technologies Announces $4 Million Private Placement of Special Warrants Led by Gravitas Securities

THIS NEWS RELEASE IS INTENDED FOR DISTRIBUTION IN CANADA ONLY AND IS NOT INTENDED FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES.VANCOUVER, British Columbia, Oct. 20, 2020 (GLOBE NEWSWIRE) — Victory Square Technologies Inc. (“Victory Square” or the “Company“) (CSE: VST) (OTC: VSQTF) (FWB: 6F6) announces that it has entered into an agreement with Gravitas Securities Inc. (the “Lead Agent“), on its own behalf and on behalf of a syndicate of agents (collectively, the “Agents“), for an offering on commercially reasonable best efforts basis of 7,692,308 non-transferable special warrants of the Company (the “Special Warrants“) at a price of $0.52 per Special Warrant, for aggregate gross proceeds of approximately $4 million (the “Private...

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Equity Bancshares, Inc. Reports Third Quarter Results

Equity continues stakeholder support programs during pandemic, while deferring less than 1% of commercial loans, maintains Tier 1 Capital ratio of 13.3%and adds $2.97 tangible book per share year-to-date in 2020WICHITA, Kan., Oct. 20, 2020 (GLOBE NEWSWIRE) — Equity Bancshares, Inc. (NASDAQ: EQBK), (“Equity”, “the Company”, “we”, “us”, “our”), the Wichita-based holding company of Equity Bank, reported its unaudited results for the third quarter ended September 30, 2020.Equity recorded a $104.8 million impairment in the value of goodwill and a resulting net loss of $90.4 million or $6.01 per diluted share in the quarter ended September 30, 2020, while maintaining a Tier 1 capital ratio of 13.3%, growing tangible book value by $2.43 per share and continuing to grow core deposits and relationships. Net income, adjusted to exclude the...

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Eargo, Inc. Announces Closing of Initial Public Offering and Full Exercise of the Underwriters’ Option to Purchase Additional Shares

SAN JOSE, Calif., Oct. 20, 2020 (GLOBE NEWSWIRE) — Eargo, Inc. (“Eargo”) (Nasdaq: EAR), a medical device company dedicated to improving the quality of life of people with hearing loss, announced today the closing of its initial public offering of 9,029,629 shares of its common stock at a public offering price of $18.00 per share, which includes 1,177,777 shares of common stock issued upon the exercise in full by the underwriters of their option to purchase additional shares, for total gross proceeds from the offering, before deducting underwriting discounts and commissions and other offering expenses payable by Eargo, of approximately $162.5 million. All of the shares of common stock were offered by Eargo. Eargo’s common stock began trading on The Nasdaq Global Select Market on October 16, 2020, under the ticker symbol “EAR.”J.P....

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Lincoln Electric Board Raises Dividend For 25th Consecutive Year

CLEVELAND, Oct. 20, 2020 (GLOBE NEWSWIRE) — Lincoln Electric Holdings, Inc., (Nasdaq: LECO) announced today that its Board of Directors has approved a 4.1% increase in the quarterly cash dividend, from $0.49 per share to $0.51 per share, or to $2.04 per share on an annualized basis. This marks the 25th consecutive annual increase of the dividend. The dividend is payable January 15, 2021 to shareholders of record at the close of business on December 31, 2020.“We are proud to return value to our shareholders with 25-years of consecutive dividend increases – placing Lincoln Electric in a select group of companies,” said Christopher L. Mapes, Chairman, President and Chief Executive Officer. “The strength of our cash flow and balance sheet allows us to pursue long-term strategic growth while remaining committed to our dividend through...

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Search Minerals Reports Assays From 2020 Exploration Program at AWESOME FOX CREE Project in SE Labrador

VANCOUVER, British Columbia, Oct. 20, 2020 (GLOBE NEWSWIRE) — Search Minerals Inc.(TSXV: SMY) (“Search” or the “Company”) is pleased to report 2020 channel assays for Critical Rare Earths Elements (CREE), Zirconium (Zr) and Hafnium (Hf) from the AWESOME FOX project in the Port Hope Simpson – St. Lewis CREE District. Mineralized zones, on the surface, at Awesome Fox are at least 850 m long and up to 43m wide; seven channels, totaling 257.91 m were trenched and 500 samples were collected in 2020.

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Vornado Announces Certain Items to be Included in its Third Quarter 2020 Financial Results

NEW YORK, Oct. 20, 2020 (GLOBE NEWSWIRE) — Vornado Realty Trust (NYSE: VNO) today announced that its financial results for the three months ended September 30, 2020 will include the items listed in the table below, resulting in an increase in net income attributable to common shareholders (“net income”) of $0.37 per diluted share and an increase in FFO attributable to common shareholders plus assumed conversions (“FFO”) of $0.87 per diluted share.Further, “net income,” “net income, as adjusted,” “FFO,” and “FFO, as adjusted” for the three months ended September 30, 2020 will be reduced by $0.13 per diluted share as listed in the table below.The above amounts are preliminary estimates. There can be no assurance that Vornado’s final results will not differ from...

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New Waxahachie Development to Offer 600+ New Homes

PLANO, Texas, Oct. 20, 2020 (GLOBE NEWSWIRE) — Green Brick Partners has closed on the purchase of approximately 214 acres in Waxahachie, Texas for the development of Dove Hollow, its newest single-family residential community. The Company intends to offer over 600 single-family homes through its Trophy Signature Homes brand.The community will be located east of I-35E, minutes from downtown Waxahachie. Land development will commence Q1 2021 and will include 50’, 60’, 70’, and 80’ wide homesites. Trophy Signature Homes plans to offer homebuyers a mix of front and rear-entry homes across three product lines.“Easy access to the metroplex, a family-friendly atmosphere, and an amenity-rich downtown has homebuyers flocking to Waxahachie. We have seen tremendous interest from buyers in our neighboring Buffalo Ridge community, and knew that...

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Kellye L. Walker Elected to Lincoln Electric Board

CLEVELAND, Oct. 20, 2020 (GLOBE NEWSWIRE) — Lincoln Electric Holdings, Inc., (Nasdaq: LECO) today announced that Kellye L. Walker, 54, Executive Vice President and Chief Legal Officer of Eastman Chemical Company (NYSE: EMN), has been elected to Lincoln Electric’s Board of Directors, effective October 20, 2020. She has been appointed to serve on the Nominating and Corporate Governance and the Compensation and Executive Development Committees. Ms. Walker’s appointment expands Lincoln Electric’s Board to 12 directors, 11 of whom are non-employee directors.“We are pleased to welcome Kellye Walker to the Board and look forward to her guidance and many contributions,” said Christopher L. Mapes, Chairman, President and Chief Executive Officer. “Kellye’s extensive leadership experience across various industries in legal,...

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Silver Elephant Announces C$6.0 Million Bought Deal Public Offering of Common Shares

VANCOUVER, British Columbia, Oct. 20, 2020 (GLOBE NEWSWIRE) — Silver Elephant Mining Corp. (“Silver Elephant” or the “Company”) (TSX: ELEF, OTCQX:SILEF, Frankfurt:1P2N) is pleased to announce that it has entered into an agreement with  Mackie Research Capital Corporation as lead underwriter and sole bookrunner (the “Lead Underwriter”), on behalf of a syndicate of underwriters, including Canaccord Genuity Corp. and Sprott Capital Partners LP (collectively with the Lead Underwriter, the “Underwriters”), pursuant to which the Underwriters have agreed to purchase, on a bought‐deal basis, 15,000,000 common shares of the Company (the “Common Shares”) at a price of C$0.40 per Common Shares for gross proceeds of C$6,000,000 (the “Offering”).The Company has granted the Underwriters an option (the “Over-Allotment Option”) to increase the...

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Royalty Pharma Announces Closing of Secondary Offering of Class A Ordinary Shares by Selling Shareholders

NEW YORK, Oct. 20, 2020 (GLOBE NEWSWIRE) — Royalty Pharma plc (the “Company”) (Nasdaq: RPRX) announced today the closing of the secondary offering of 17,343,037 shares of its Class A ordinary shares by selling shareholders in an underwritten public offering at a price to the public of $42.00 per share. The Company did not receive any of the proceeds from the sale of its Class A ordinary shares by the selling shareholders.J.P. Morgan, Morgan Stanley, BofA Securities, Goldman Sachs & Co. LLC and Citigroup acted as joint lead book-running managers and as representatives of the underwriters for the offering. Cowen, Evercore ISI, Truist Securities and UBS Investment Bank also acted as joint book-running managers for the offering. BBVA, DNB Markets, Scotiabank, TD Securities, Academy Securities, AmeriVet Securities, Blaylock Van,...

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