Day: December 4, 2020
MCLEAN, Va., Dec. 04, 2020 (GLOBE NEWSWIRE) — Freddie Mac (OTCQB: FMCC) recently priced a new offering of Structured Pass-Through Certificates (K Certificates), which are multifamily mortgage-backed securities. Approximately $380 million in K Certificates (K-L06 Certificates) are backed by a single mortgage note secured by 10 multifamily properties. The mortgage has two fixed rate and two floating rate components, each having 10-year terms.The transaction collateral is part of Freddie Mac’s K-L series of certificates, which are backed by large loans or pools of related mortgage loans on multifamily properties. The K-L06 Certificates are expected to settle on or about December 10, 2020.K-L06 PricingDetailsCo-Lead Managers and Joint Bookrunners: Morgan Stanley & Co. LLC and Barclays Capital Inc.Co-Managers: Bancroft Capital,...
Diversified Royalty Corp. Announces December 2020 Cash Dividend
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VANCOUVER, British Columbia, Dec. 04, 2020 (GLOBE NEWSWIRE) — Diversified Royalty Corp. (TSX: DIV and DIV.DB) (the “Corporation” or “DIV”) is pleased to announce that its board of directors has approved a cash dividend of $0.01667 per common share for the period of December 1, 2020 to December 31, 2020, which is equal to $0.20 per common share on an annualized basis. The dividend will be paid on December 31, 2020 to shareholders of record as of the close of business on December 15, 2020.About Diversified Royalty Corp.DIV is a multi-royalty corporation, engaged in the business of acquiring top-line royalties from well-managed multi-location businesses and franchisors in North America. DIV’s objective is to acquire predictable, growing royalty streams from a diverse group of multi-location businesses and franchisors.DIV currently...
ThreeD Capital Inc. Acquires Securities of Bluesky Digital Assets Corp.
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TORONTO, Dec. 04, 2020 (GLOBE NEWSWIRE) — ThreeD Capital Inc. (“ThreeD” or the “Company”) (CSE:IDK / OTCQB:IDKFF) a Canadian based venture capital firm that invests in disruptive companies and promising junior resources companies, is pleased to announce that it and its Joint Actor has acquired ownership and control of an aggregate of 4,500,000 common shares (the “Subject Shares”) and 4,500,000 common share purchase warrants (the “Subject Warrants” and together with the Subject Shares, the “Subject Units”) of Bluesky Digital Assets Corp (“Bluesky”) on December 4, 2020. The Subject Units represented approximately 16.2% of all issued and outstanding common shares of Bluesky as of December 4, 2020 immediately following the transaction described above (or approximately 27.8% on a partially diluted basis, assuming exercise of the Subject...
StorageVault Completes Previously Announced Purchase of 14 Storage Locations for $220 Million
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TORONTO, Dec. 04, 2020 (GLOBE NEWSWIRE) — STORAGEVAULT CANADA INC. (“StorageVault”) (SVI-TSX-V) is pleased to announce that, further to its November 2, 2020 news release, it has completed the acquisition of 13 stores and 1 piece of vacant land (collectively, the “Acquisitions”) from six vendor groups (collectively, the “Vendors”), for an aggregate purchase price of $220 million. Four of the Acquisitions are arm’s length and two, totaling $30 million, are related party acquisitions (the “Related Party Acquisitions”) with Access Self Storage Inc. or its affiliates or associates (collectively, “Access”) as the Vendor. The Related Party Acquisitions were closed in escrow pending TSX Venture Exchange acceptance of such Acquisitions.The purchase price for the Acquisitions in the amount of $220 million, subject to customary adjustments,...
Centerra Gold Appoints New Director
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TORONTO, Dec. 04, 2020 (GLOBE NEWSWIRE) — Centerra Gold Inc. (“Centerra”) (TSX: CG) is pleased to announce the appointment of Mr. Tengiz A.U. Bolturuk to its Board of Directors. Centerra also announces the resignation of Mr. Askar Oskombaev from its Board of Directors.Mr. Bolturuk, a dual citizen of the Kyrgyz Republic and Canada, has extensive experience in the mining industry, with a focus in project and process management. He has over 30 years of experience in engineering and operations in the mining industry, with worldwide experience including in Canada, USA, Kazakhstan, Australia, and South Africa. Mr. Bolturuk received degrees in mineral processing and metallurgy from the National University of Science and Technology (ex-MISIS) in Moscow, Russia, and from the Clausthal University of Technology in Germany, respectively. He...
Premier Diversified Holdings Inc. Announces Option Grant and Change to Board of Directors
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VANCOUVER, British Columbia, Dec. 04, 2020 (GLOBE NEWSWIRE) —Stock Option GrantPremier Diversified Holdings Inc. (“Premier” or the “Company“) (TSXV: PDH) announces that, subject to stock exchange approval, it will grant a total of 7,250,000 options (“Options“) to purchase common shares of the Company at an exercise price of $0.05 per share to directors, officers and employees (together, the “Optionees“) pursuant to the Company’s stock option plan. The Options will have a term of five years from December 4, 2020 (the “Term“). For all Optionees except one director, one-third will vest on the date of grant; one-third will vest on the first anniversary of the date of grant; and one-third will vest on the second anniversary of the date of grant. For one director, all Options...
Progressive Announces Dividend Information and 2021 Annual Meeting Record Date
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MAYFIELD VILLAGE, OHIO, Dec. 04, 2020 (GLOBE NEWSWIRE) — The Board of Directors of The Progressive Corporation (NYSE:PGR) today declared a quarterly common share dividend, in the amount of $0.10 per share and an annual common share dividend, in the amount of $4.50 per share. The aggregate common share dividend of $4.60 per share is payable January 15, 2021, to shareholders of record at the close of business on January 8, 2021 (ex-dividend date of January 7, 2021). The Board is expected to continue to target the quarterly dividend to be approximately $0.10 per common share for 2021. The 2020 annual dividend amount was determined by the Board based on our capital position, existing capital resources, and expected current and future capital needs.In addition, the Board declared a dividend on our outstanding Series B Fixed-to-Floating...
Health Logic Interactive Inc. Elects New Board, Appoints New Management, Changes Name to Health Logic Interactive Inc. and Consolidates Shares
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VANCOUVER, British Columbia, Dec. 04, 2020 (GLOBE NEWSWIRE) — Health Logic Interactive Inc. (formerly named FanLogic Interactive Inc.) is pleased to announce the appointment of its new board and management, a change in its legal name and a 10 for 1 consolidation of its common shares.New Directors and OfficersAt the company’s shareholder meeting held on Monday November 30, 2020 in Vancouver, British Columbia, the company’s shareholders elected George Kovalyov, Harrison Ross, Graydon Bensler, Rick Purdy, Zach Stadnyk and George Shen to the company’s Board of Directors. Immediately following their election, the new Board appointed George Kovalyov as Chief Executive Officer of the company and Harrison Ross as Chief Financial Officer of the Company. The new Board and management team is comprised of a team of finance professionals and operators...
Silo Pharma Comments on Recent Promotional and Trading Activities at Request of OTC Markets
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NEW JERSEY , Dec. 04, 2020 (GLOBE NEWSWIRE) — Silo Pharma, Inc. (OTCQB: SILO) a developmental stage biopharmaceutical company focused on the use of psilocybin as a therapeutic, today announced that it has been requested by the OTC Markets Group (“the OTC Markets”) to comment on recent promotional activity.The Company became aware of certain promotional activities concerning its common stock on December 1, 2020, through a notification from OTC Markets, which included three (3) electronic newsletters (collectively, the “Materials”) prepared by third parties; one of which was prepared and circulated by each of Profitable Trader Authority, Penny Stock Prophet and OTC TIP Reporter, respectively. The Company was not aware of the Materials prior to receiving copies from the OTC Markets.Beginning in May 2020, the Company has used Hayden...
Lordstown Motors Corp. Announces S-1 Registration Statement Declared Effective
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LORDSTOWN, Ohio, Dec. 04, 2020 (GLOBE NEWSWIRE) — Lordstown Motors Corp. (Nasdaq: RIDE), (“Lordstown Motors”), a leader in electric light duty trucks focused on the commercial fleet market, announced that the United States Securities and Exchange Commission (the “SEC”) has declared Lordstown’s registration statement on Form S-1 (File No. 333-250045) (the “Registration Statement”) effective as of today’s date. The Registration Statement registered 152,999,357 shares of Lordstown’s Class A common stock, which includes (a) 143,66,024 shares of Class A common stock registered for sale by the selling security holders named in the Registration Statement, (b) an aggregate of 5,066,667 shares of Class A common stock issuable upon the exercise of private placement warrants, and (c) 9,333,333 shares of Class A common stock issuable upon the...