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Day: January 27, 2021

Bonanza Creek Provides an Operational Update, Issues First Quarter 2021 Guidance, and Announces 4th Quarter 2020 Conference Call

DENVER, Jan. 27, 2021 (GLOBE NEWSWIRE) — Bonanza Creek Energy, Inc. (NYSE: BCEI) (the “Company” or “Bonanza Creek”) today issued preliminary results for the fourth quarter and full year 2020, and provided guidance for the first quarter of 2021. The Company also announced the date of its conference call to discuss fourth quarter and full year 2020 results.Highlights for the fourth quarter and full year 2020 include:Average sales volumes are expected to be 25.0 thousand barrels of oil equivalent per day (“MBoe/d”) for the fourth quarter, with oil representing 54% of total volumesAverage sales volumes are expected to be 25.2 MBoe/d for the full year (54% oil), up 8% over full year 2019; at the mid-point of the most recent annual 2020 guidance range of 25.0 to 25.5 MBoe/dTotal capital expenditures for the fourth...

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Columbia Financial, Inc. Announces Financial Results for the Fourth Quarter and Year Ended December 31, 2020

FAIR LAWN, N.J., Jan. 27, 2021 (GLOBE NEWSWIRE) — Columbia Financial, Inc. (the “Company”) (NASDAQ: CLBK), the mid-tier holding company for Columbia Bank (the “Bank”), reported net income of $20.7 million, or $0.19 per basic and diluted share, for the quarter ended December 31, 2020, as compared to net income of $13.5 million, or $0.12 per basic and diluted share, for the quarter ended December 31, 2019. Earnings for the quarter ended December 31, 2020 reflected higher net interest income, non-interest income, and lower provision for loan losses, partially offset by higher non-interest expense and income tax expense. The increase in net interest income for the quarter ended December 31, 2020 was primarily due to a decrease in interest expense of $9.8 million, or 41.4%. During the quarter ended December 31, 2020, the reduction...

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CBTX, Inc. Reports Fourth Quarter and Annual Financial Results

HOUSTON, Jan. 27, 2021 (GLOBE NEWSWIRE) — CBTX, Inc., or the Company (NASDAQ: CBTX), the bank holding company for CommunityBank of Texas, N.A., or the Bank, today announced fourth quarter and annual results for 2020. The Company reported net income of $10.2 million, or $0.41 per diluted share, for the quarter ended December 31, 2020, compared to $6.4 million, or $0.26 per diluted share, for the quarter ended September 30, 2020 and $12.6 million, or $0.50 per diluted share, for the quarter ended December 31, 2019.The Company reported net income for the year ended December 31, 2020 of $26.4 million, or $1.06 per diluted share, compared to $50.5 million, or $2.02 per diluted share, for the year ended December 31, 2019.Robert R. Franklin, Jr., Chairman, CEO and President of the Company commented, “Our fourth quarter results serve as...

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GENFIT: Technical Corrections to the Results of the January 25, 2021 Bondholders Meeting with No Impact on Resolutions’ Approval

Lille, France; Cambridge, MA; January 27, 2021 – GENFIT (Nasdaq and Euronext: GNFT), a late-stage biopharmaceutical company dedicated to improving the lives of patients with metabolic and liver diseases (the “Company”), today announced that technical corrections were made to the voting results of the holders of the convertible bonds issued by the Company on October 16, 2017 (the “OCEANEs”) at the Bondholders Meeting which took place on January 25, 2021 (the “Bondholders Meeting”). These corrections have no impact on the fact that all of the resolutions by the Bondholders Meeting were approved, and are the result of corrections made by BNP Paribas Securities Services, the external provider in charge of centralizing the Bondholders Meeting votes. They are not the result of any action or responsibility of the Company.The Bondholders...

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GENFIT : Corrections techniques sur les votes de l’Assemblée des Porteurs du 25 janvier 2021 sans conséquences sur l’approbation des résolutions

Lille (France), Cambridge (Massachusetts, États-Unis), le 27 janvier 2021 – GENFIT (Nasdaq et Euronext: GNFT), société biopharmaceutique de phase avancée engagée dans l’amélioration de la vie des patients atteints de maladies hépatiques et métaboliques (la « Société »), annonce aujourd’hui des corrections techniques apportées au résultat des votes de l’Assemblée des porteurs des obligations à option de conversion et/ou d’échange en actions nouvelles et/ou existantes émises par la Société le 16 octobre 2017 (les « OCEANEs ») du 25 janvier 2021 (l’« Assemblée des Porteurs »). Ces corrections sont sans conséquences sur l’approbation de l’ensemble des résolutions par l’Assemblée des Porteurs, et interviennent à la suite de corrections apportées par BNP Paribas Securities Services, le prestataire externe chargé de la centralisation des votes...

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CPS Announces $230.5 Million Senior Subordinate Asset-Backed Securitization

LAS VEGAS, Nevada, Jan. 27, 2021 (GLOBE NEWSWIRE) — Consumer Portfolio Services, Inc. (Nasdaq: CPSS) (“CPS” or the “Company”) today announced the closing of its first term securitization in 2021. The transaction is CPS’s 38th senior subordinate securitization since the beginning of 2011 and the 21st consecutive securitization to receive a triple “A” rating from at least two rating agencies on the senior class of notes.In the transaction, qualified institutional buyers purchased $230.5 million of asset-backed notes secured by $245.0 million in automobile receivables originated by CPS. The sold notes, issued by CPS Auto Receivables Trust 2021-A, consist of five classes. Ratings of the notes were provided by Standard & Poor’s and DBRS Morningstar, and were based on the structure of the transaction, the historical performance...

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Fusion Fuel Green PLC Submits 100 MW Electrolyzer Project to the European Green Deal Call

DUBLIN, Ireland, Jan. 27, 2021 (GLOBE NEWSWIRE) — Fusion Fuel Green PLC (NASDAQ: HTOO), (“Fusion Fuel”, or “the Company”), an emerging leader in the green hydrogen sector, announced that yesterday the Company submitted its proposed “HEVO-SOLAR Sines” project to the European Green Deal Call.Fusion Fuel Green PLC submitted the project, called HEVO-SOLAR Sines, in collaboration with four large international companies representing Portugal, Spain, France, and the Netherlands. The proposed project, which would require a total capital investment of € 136 million, provides for the development of a 100MW Electrolyzer Plant, which would generate 10’250 tons of Green Hydrogen per year to be used in the production of Green Ammonia.The European Commission has allocated € 1 billion to the Green Deal Call, which is intended...

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LEADING EDGE MATERIALS REPORTS FISCAL 2020 RESULTS

Vancouver, January 27, 2020 – Leading Edge Materials Corp. (“Leading Edge Materials” or the “Company”) (TSXV: LEM) (Nasdaq First North: LEMSE) (OTCQB: LEMIF) announces results for the fiscal year ending October 31, 2020. All references to dollar amounts in this release are in Canadian dollars.Highlights During and After the Quarter      During the three months ended October 31, 2020 the Company:Completed a non-brokered private placement for proceeds of $3,520,000 by issuing 32,000,000 units at a price of $0.11 per unit.  Each unit consists of one common share, and one common share purchase warrant exercisable into one common share at an exercise price of $0.20 expiring August 7, 2024.Received information that the Bucharest Court of Appeal published a ruling dismissing the appeal against the Agenţia Natională Pentru Resurse Minerale (“NAMR”)...

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A.I.S. Resources Announces Closing of $1.25 Million Financing

VANCOUVER, British Columbia, Jan. 27, 2021 (GLOBE NEWSWIRE) — A.I.S. Resources Limited (TSX-V – AIS, OTCQB: AISSF) (the “Company” or “AIS”) announces it has closed its non-brokered private placement of 15,625,000 units (“Units“) at a price of $0.08 per unit for gross proceeds of $1,250,000 (the “Private Placement“). The proceeds will be used for exploration of the Company’s gold projects and general working capital purposes.Each Unit consists of one common share and one transferrable share purchase warrant. Each warrant will entitle the holder thereof to purchase one additional common share for a period of 24 months from the closing date of the offering at a price of $0.12 per common share. Insiders participated in the aggregate amount of $159,040 for 1,988,000 units. The Company shall pay finders fees totaling...

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Elmira Savings Bank Reports 2020 Earnings

NEW YORK, Jan. 27, 2021 (GLOBE NEWSWIRE) — Elmira Savings Bank (NASDAQ:ESBK)HighlightsNet income was $1,284,000 and $4,159,000 for the three and twelve months ended December 31, 2020 compared to $940,000 and $3,486,000 for the same periods in 2019.Diluted earnings per share were $.37 per share and $1.19 per share for the three and twelve months ended December 31, 2020 compared to $.27 per share and $1.00 per share for the same periods in 2019.  Return on average assets was .78% and .64% for the three and twelve months ended December 31, 2020 compared to .61% and .57% for the three and twelve months ended December 31, 2019.Return on average equity was 8.40% and 6.94% for the three and twelve months ended December 31, 2020 compared to 6.33% and 5.93% for the same periods in 2019.“We are pleased to report an increase in earnings...

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