Day: January 27, 2021

TORONTO and MONTREAL, Jan. 27, 2021 (GLOBE NEWSWIRE) — Nexus Real Estate Investment Trust (the “REIT”) (TSXV: NXR.UN) announces a TSX graduation update.On November 16, 2020, the REIT announced that the Toronto Stock Exchange had conditionally approved the listing of Nexus REIT’s units subject to the REIT fulfilling all of the requirements of the Exchange on or before January 26, 2021, including distribution of the REIT’s securities to a minimum number of public unitholders.The TSX has extended the conditional approval date by 30 days, and the REIT expects to graduate on or about February 1, 2021.The REIT intends to complete a 4 to 1 consolidation of outstanding units concurrent with graduation to the TSX.About Nexus REITNexus is a growth-oriented real estate investment trust focused on increasing unitholder value through the acquisition,...

MONTRÉAL et TORONTO , 27 janv. 2021 (GLOBE NEWSWIRE) — Le Fonds de Placement Immobilier Nexus (le « FPI Nexus » ou le « FPI ») (TSXV : NXR.UN) annonce une mise à jour de la migration vers la TSX.Le 16 novembre 2020, le FPI a annoncé que la Bourse de Toronto avait approuvé sous condition l’inscription des parts du FPI Nexus sous réserve que la FPI remplisse toutes les exigences de la Bourse au plus tard le 26 janvier 2021, y compris la distribution des titres du FPI à un nombre minimum de porteurs de parts publics.La TSX a prolongé de 30 jours la date d’approbation conditionnelle et le FPI prévoit migrer le ou vers le 1er février 2021.Le FPI a l’intention de compléter un regroupement des parts en circulation de 4 parts pour 1 part, en même temps que la migration vers la TSX.À propos de FPI NexusLe FPI Nexus est...

ENGLEWOOD, Colo., Jan. 27, 2021 (GLOBE NEWSWIRE) — Gevo, Inc. (“Gevo”) (NASDAQ: GEVO), announced key business updates and initiatives for 2021. Gevo recently announced the concept of Net Zero Projects to produce energy-dense liquid hydrocarbons using renewable energy and Gevo’s proprietary technology. Gevo is currently developing its Net-Zero 1 Project at Lake Preston, South Dakota (“Net-Zero 1”). On January 22, 2021, Gevo closed a registered direct offering priced at-the-market under Nasdaq rules of an aggregate of 43,750,000 shares of common stock at a purchase price of $8.00 per share. Gevo received net proceeds of approximately $321.7 million. Gevo now has approximately $535 million dollars of cash and no significant debt.Net-Zero 1 OverviewGevo expects that Net-Zero 1 would have the capability to produce approximately 45MGPY...

LONDON, Jan. 27, 2021 (GLOBE NEWSWIRE) —  VivoPower International PLC (NASDAQ: VVPR, the “Company”) is pleased to announce that its wholly-owned subsidiary in Australia, J.A. Martin Electrical Pty Limited (“J.A. Martin”) has recently completed all electrical works for the 39 MWdc Molong Solar Farm, located 40 kilometers northwest of the town of Orange in New South Wales. The project is the second Australian solar farm completed by J.A. Martin in partnership with lead contractor GRS.Energized in late November, the Molong Solar Farm will generate approximately 78,000 MWh of clean energy per year, enough to power 11,000 homes. The project will displace over 53,000 tonnes of carbon dioxide emissions annually, the equivalent of taking 10,500 gasoline cars off the road. With the conclusion of construction at Molong, J.A. Martin has now...

LOS ANGELES, Jan. 27, 2021 (GLOBE NEWSWIRE) — Hanmi Financial Corporation (Nasdaq: HAFC) (“Hanmi”), the holding company for Hanmi Bank (the “Bank”), today announced that they will participate in the following upcoming virtual investor conferences:The Janney Virtual Bank CEO Forum, to be held February 3-4, 2021. The Company will be participating in one-on-one meetings with investors.The KBW Virtual Winter Financial Services Symposium, to be held February 10-12, 2021. The Company will be participating in one-on-one meetings with investors.The Piper Sandler Virtual Western Financial Services Conference, to be held March 2, 2021. The Company will be participating in one-on-one meetings with investors.Conference participation is by invitation only and registration is mandatory. For more information on the conference or to schedule a...

ROCKVILLE, Md., Jan. 27, 2021 (GLOBE NEWSWIRE) — Capital Bancorp, Inc. (the “Company”) (NASDAQ: CBNK), the holding company for Capital Bank, N.A. (the “Bank”), today reported net income of $9.7 million, or $0.71 per diluted share, for the fourth quarter of 2020. By comparison, net income was $5.1 million, or $0.36 per diluted share, for the fourth quarter of 2019. Return on average assets was 2.08% for the fourth quarter of 2020, compared to 1.48% for the same period in 2019. Return on average equity was 25.3% for the fourth quarter of 2020, compared to 15.3% for the same period in 2019.“Capital Bancorp finished 2020 with excellent fourth quarter results, bringing to a close a year in which we navigated a challenging environment while delivering record results,” said Steven Schwartz, Chairman of the Board...

FORT LAUDERDALE, Fla., Jan. 27, 2021 (GLOBE NEWSWIRE) — Motus GI Holdings, Inc., (NASDAQ: MOTS) (“Motus GI” or the “Company”), a medical technology company providing endoscopy solutions that improve clinical outcomes and enhance the cost-efficiency associated with the diagnosis and management of gastrointestinal conditions, announced today that it has signed a warrant exercise agreement with an existing institutional investor that is expected to provide the Company with gross proceeds of up to $11.0 million.Under the agreement, the existing warrant holder agreed to exercise, subject to the ownership blockers contained therein, an aggregate of approximately 8.0 million remaining private placement warrants of the approximately 8.7 million that were originally issued in August 2020 (the “Existing Warrants”) at the stated exercise price...