Eurogas International Inc. Announces 2020 Third Quarter Financial Results

Written by Customer Service on October 30, 2020. Posted in Public Companies.

TORONTO, Oct. 30, 2020 (GLOBE NEWSWIRE) — Eurogas International Inc. (CSE: EI) (“Eurogas International” or the “Corporation”) today announced its 2020 third quarter financial results. The Corporation’s unaudited condensed interim financial statements, along with the accompanying management’s discussion and analysis have been filed on the System for Electronic Document Analysis and Retrieval (“SEDAR”) and may be viewed by interested parties under the Corporation’s profile at www.sedar.com or the Corporation’s website at www.eurogasinternational.com.FORWARD–LOOKING STATEMENTSCertain information set forth in this document, including management’s assessment of the Corporation’s future plans and operations, contains forward-looking statements. Forward-looking statements are statements that are predictive in nature, depend upon or...

Toscana Energy and i3 Energy Complete Arrangement

Written by Customer Service on October 30, 2020. Posted in Public Companies.

CALGARY, Alberta, Oct. 30, 2020 (GLOBE NEWSWIRE) — i3 Energy plc (i3 Energy) (AIM: I3E) and Toscana Energy Income Corporation (Toscana or the Company) (TSX: TEI) are pleased to announce that the previously announced transaction (Transaction) pursuant to which i3 Energy will acquire all of the issued and outstanding shares in the capital of Toscana (Toscana Shares) has been successfully completed.In connection with the Transaction, an aggregate of 4,399,215 ordinary shares in the capital of i3 Energy (i3 Shares) were issued to Toscana shareholders in exchange for their Toscana Shares on the basis of 0.03031261 of an i3 Share for each Toscana Share. Following completion of the Transaction, an aggregate of 700,054,815 i3 Shares are issued and outstanding.Also in connection with the Transaction, i3 Energy made application and was conditionally...

“Four Reasons for Ohio”: Despite Nearly 66,000 Taat Units Sold Pre-Launch in Other Markets, Taat CEO Gives Video Statement Regarding Decision to Launch Taat in Ohio

Written by Customer Service on October 30, 2020. Posted in Public Companies.

In its October 6, 2020 press release, the Company announced the U.S. launch of Taat would occur in the state of Ohio in mid-Q4 2020. Despite stellar performance of small-scale test batches of Taat in other states, including a 72-hour sell-out in Nevada in August 2020 and total unit turnover of nearly 66,000 units, the Company’s decision to launch specifically in Ohio was based on several strategic factors which are detailed by CEO Setti Coscarella in a video statement dated October 30, 2020.LAS VEGAS and VANCOUVER, British Columbia, Oct. 30, 2020 (GLOBE NEWSWIRE) — TAAT LIFESTYLE & WELLNESS LTD. (CSE: TAAT) (OTCQB: TOBAF) (FRANKFURT: 2TP2) (the “Company” or “Taat”) has issued a video statement by its Chief Executive Officer Setti Coscarella detailing the Company’s rationale for selecting Ohio as the launch market in the United...

Adevinta ASA (ADE) – OLX Brazil completes the acquisition of 100% of Grupo ZAP

Written by Customer Service on October 30, 2020. Posted in Public Companies.

The transaction supports OLX’s mission to reinvent the Brazilian consumer model and positions OLX Brazil as a key player in the real estate marketAmsterdam, Oslo and Sao Paulo, 30 October 2020 – OLX Brazil, the 50/50 joint venture between Adevinta ASA (OSE: ADE) and Prosus NV (AMS: PRX), announces today that it has completed the acquisition of Grupo ZAP, announced in March, for a total cash consideration of approximately R$2.9 billion. The investment has been equally financed by OLX Brazil’s two shareholders. The transaction received regulatory approval on 1 October by Cade, the Brazilian antitrust authority. As of today, OLX Brazil starts operating in the real estate market under the OLX, ZAP and Viva Real brands, with complementary positions to meet the different demands of end users, private advertisers and professionals within...

Westbury Bancorp, Inc. Reports Net Income for the Three Months and Year Ended September 30, 2020

Written by Customer Service on October 30, 2020. Posted in Public Companies.

WEST BEND, Wis., Oct. 30, 2020 (GLOBE NEWSWIRE) — Westbury Bancorp, Inc. (OTCQX: WBBW), the holding company (the “Company”) for Westbury Bank (the “Bank”), today announced net income of $1.9 million, or $0.76 per common share for the three months ended September 30, 2020, and $7.2 million, or $2.59 per common share, for the year ended September 30, 2020, compared to net income of $1.9 million, or $0.59 per common share for the three months ended September 30, 2019, and net income of $6.9 million, or $2.15 per common share, for the year ended September 30, 2019. Highlights for the year included:During the year ended September 30, 2020, our net loan portfolio increased by $31.7 million, or 3.70%. The portfolio increase occurred primarily in commercial business – PPP loans, multifamily and home equity line of credit loans, offset...

First US Bancshares, Inc. Announces Third Quarter 2020 Results

Written by Customer Service on October 30, 2020. Posted in Earnings Releases And Operating Results.

BIRMINGHAM, Ala., Oct. 30, 2020 (GLOBE NEWSWIRE) — First US Bancshares, Inc. (Nasdaq: FUSB) (the “Company”), the parent company of First US Bank (the “Bank”), today reported net income of $0.4 million, or $0.06 per diluted share, for the quarter ended September 30, 2020 (“3Q2020”), compared to $0.4 million, or $0.06 per diluted share, for the quarter ended June 30, 2020 (“2Q2020”) and $1.1 million, or $0.16 per diluted share, for the quarter ended September 30, 2019 (“3Q2019”). For the nine months ended September 30, 2020, the Company’s net income totaled $1.7 million, or $0.25 per diluted share, compared to $3.4 million, or $0.49 per diluted share, for the nine months ended September 30, 2019.Net interest income improved to $9.0 million in 3Q2020, compared to $8.6 million in the previous quarter. The increase in net interest income...

EV Battery Tech Closes Acquisition to Bring Patented BMS Technology to North America, South America, Europe and Africa

Written by Customer Service on October 30, 2020. Posted in Mergers And Acquisitions.

VANCOUVER, British Columbia, Oct. 30, 2020 (GLOBE NEWSWIRE) — Extreme Vehicle Battery Technologies Corp. (the “Company” or “EV Battery Tech”) (CSE: ACDC) is pleased to announce that it has signed a marketing and development agreement with Jiangsu RichPower New Energy Co. Ltd. (“RichPower”) and Intelligent Battery Technologies (“IBT”) and closed the acquisition contemplated in its distribution and technology license agreement with Rich Power and IBT (the “Definitive Agreement”).RichPower is a leader in the battery management system (BMS) and energy storage system (ESS) industries in China. A vertically integrated company, RichPower is involved in activities ranging from research and development to battery production. RichPower operates facilities in Shanghai and Suzhou, two of the largest cities in China. The facilities are host...

NORTHWEST INDIANA BANCORP ANNOUNCES STRUCTURAL CHANGES TO SENIOR MANAGEMENT TEAM

Written by Customer Service on October 30, 2020. Posted in Public Companies.

Munster, Indiana, Oct. 30, 2020 (GLOBE NEWSWIRE) — On October 28th, 2020, the Boards of Directors of NorthWest Indiana Bancorp (the “Bancorp”) and its wholly-owned subsidiary, Peoples Bank (the “Bank”) approved various changes to the senior leadership structure and made several appointments to the executive officer team to execute upon the Bancorp’s strategic vision. The changes are effective January 1, 2021.Robert Lowry has been appointed to the newly-created officer position of Executive Vice President, Chief Operating Officer of the Bancorp and the Bank. He currently serves as Executive Vice President, Chief Financial Officer and Treasurer, a position he has held since November 2004. In his new role, Mr. Lowry will be responsible for managing the overall day-to-day operations of the Bancorp and the Bank.Peymon Torabi has been...

Capstone Infrastructure Corporation and Genalta Power Inc. Announce Strategic Alliance

Written by Customer Service on October 30, 2020. Posted in Public Companies.

TORONTO, Oct. 30, 2020 (GLOBE NEWSWIRE) — Capstone Infrastructure Corporation (TSX: CSE.PR.A) (the “Corporation” or “Capstone”) is pleased to announce its strategic alliance with Genalta Power Inc. (“Genalta”).The strategic alliance provides an upfront capital injection to accelerate Genalta’s power development efforts and includes mechanisms for further funding to advance the company’s growing power development project pipeline.“We are very pleased to be working with the team at Genalta, combining Genalta’s unparalleled experience in working with industrial partners to reduce waste and lower emissions for industry with Capstone’s strong balance sheet and operating expertise.” David Eva, Chief Executive Officer, Capstone.“Capstone’s investment and ongoing support will allow us to continue...

Sun Communities, Inc. Closes Acquisition of Safe Harbor Marinas

Written by Customer Service on October 30, 2020. Posted in Public Companies.

Southfield, MI, Oct. 30, 2020 (GLOBE NEWSWIRE) — Sun Communities, Inc. (NYSE: SUI) (the “Company”) today announced the closing of its previously announced acquisition of Safe Harbor Marinas, LLC (“Safe Harbor”). The Company acquired 99 marinas owned and operated by Safe Harbor and eight marinas Safe Harbor manages on behalf of third parties. As part of the acquisition, the Company expects to acquire one of the managed properties by November 30, 2020 and two of the managed properties at a future date. Safe Harbor has an approximate 40,000-member network of boat owners across 22 states.The aggregate purchase price for Safe Harbor is approximately $2.0 billion. If the Company acquires all three additional properties described above, it will pay additional aggregate consideration of approximately $94 million. The Company (i)...

Day: October 30, 2020

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