Day: January 28, 2021
CHARLOTTE, N.C., Jan. 28, 2021 (GLOBE NEWSWIRE) — Extended Stay America, Inc. and ESH Hospitality, Inc. (NASDAQ:STAY) (together, the “Company”), today announced the tax treatment for the aggregate distributions of $0.26 per paired share (CUSIP: 30224P200) paid to Extended Stay America, Inc.’s common shareholders and ESH Hospitality, Inc.’s Class A and Class B common shareholders during the calendar year ended December 31, 2020.For the tax year ended December 31, 2020, ESH Hospitality, Inc.’s aggregate distributions of $0.16 per Class A and Class B common shares were classified as 100% Ordinary Income and 100% Section 199A Qualified Business Income. For the tax year ended December 31, 2020, Extended Stay America Inc.’s aggregate distributions of $0.10 per common share were classified as 100% Qualified Dividend.Shareholders are encouraged...
Cerro Grande Mining Corporation Announces Filing of Annual Financial Information for the Year Ended September 30, 2020
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TORONTO, Jan. 28, 2021 (GLOBE NEWSWIRE) — Cerro Grande Mining Corporation (the “Company” or “CEG”) (CSE:CEG) (OTCQB:CEGMF) announces that its audited Consolidated Financial Statements for the years ended September 30, 2020 and 2019 and related Management’s Discussion and Analysis, together with the required certifications, have been filed on SEDAR under the Company’s profile. The Company refers the reader to those materials for additional information.Cerro Grande Mining Corporation is a minerals exploration and development company with properties and activities currently focused in Chile.Cautionary Statement on Forward-looking InformationThis news release contains “forward-looking information”, which may include, but is not limited to, statements with respect to the future financial or operating performance of CEG. Often,...
BlueRush Further Increases Maximum of Proposed Private Placement to $5 Million
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NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATESTORONTO, Jan. 28, 2021 (GLOBE NEWSWIRE) — BlueRush Inc. (“BlueRush” or the “Company”) (TSX-V: BTV), an emerging personalized video Software as a Service (“SaaS”) company, is pleased to announce that due to high demand it is once again increasing the maximum raise of its previously announced proposed non-brokered private placement financing to a maximum of $5,000,000 of units (a “Unit” or “Units”) of the Company (the “Offering”).Accordingly, BlueRush now proposes to raise gross proceeds pursuant to the Offering proceeds of a minimum of $2,000,000 and a maximum of $5,000,000 through the issuance of a minimum of 19,047,619 Units and a maximum of 47,619,047 Units at $0.105 per Unit. Each Unit shall consist of (i) one (1) common share of...
Old National Bancorp announces quarterly cash dividend and stock repurchase plan
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EVANSVILLE, Ind., Jan. 28, 2021 (GLOBE NEWSWIRE) — The Board of Directors of Old National Bancorp (the “Company” or “Old National”) (NASDAQ: ONB) today declared a quarterly cash dividend of $0.14 per share on the Company’s outstanding shares of common stock. The dividend is payable March 15, 2021, to shareholders of record on March 1, 2021. For purposes of broker trading, the ex-date of the cash dividend is February 26, 2021. Based on Old National’s closing price of $17.09 on January 27, 2021, the quarterly dividend represents an annualized dividend yield of 3.3%.The Board of Directors has also approved the adoption of a stock repurchase plan that authorizes the repurchase of up to $100 million of the outstanding shares of Old National Bancorp common stock, as conditions warrant, through January 31, 2022. These shares may be purchased...
Schneider selects Royal Canadian Navy Veteran as Canadian Ride of Pride truck driver
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Green Bay, Jan. 28, 2021 (GLOBE NEWSWIRE) — Schneider (NYSE: SNDR), a premier provider of trucking, intermodal and logistics services, is pleased to announce Michael Cunningham as the 2020 Canadian Ride of Pride truck driver. Recognizing military veterans is a time-honored tradition at Schneider, which partners with Freightliner’s program to feature specially designed trucks intended to be rolling tributes to members of the military. Freightliner has presented Schneider with three Canadian Ride of Pride trucks, as well as 12 U.S. Ride of Pride trucks – the most awarded to any carrier – since the program began in 2001. Cunningham, who is based out of Schneider’s Guelph, Ontario, operating center and has been driving with the company since 2011, was chosen as this year’s Canadian Ride of Pride driver for his dedication to the military...
Cryptologic Corp. Announces Proposed Acquisition of Copenhagen Minerals Inc. and the Storø Gold Project
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TORONTO, Jan. 28, 2021 (GLOBE NEWSWIRE) — Cryptologic Corp. (CSE:CRY) (the “Company” or “Cryptologic”) is pleased to announce that it has entered into a binding share purchase agreement with Greenland Resources Inc. (the “Seller”) on January 27, 2021 to acquire 100% of the outstanding shares of the Seller’s wholly-owned subsidiary, Copenhagen Minerals Inc. (“Copenhagen”), which owns 100% of a mineral exploration license known as the Storø Gold Project, located in Greenland (the “Acquisition”).The Storø Gold Project is located some 40 km northeast of Nuuk, the capital of Greenland. It is located on the 12 km2 mineral exploration License No. 2014/11 and hosts an inferred mineral resource of 885,000 tonnes at a grade of 3.4 g/t gold. The Storø Gold Project is devoid of vegetation and overburden, which facilitates exploration and enjoys...
Biotech Acquisition Company Announces Closing of $230,000,000 Initial Public Offering
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New York, NY, Jan. 28, 2021 (GLOBE NEWSWIRE) — Biotech Acquisition Company (the “Company”) announced today that it has closed its initial public offering of 23,000,000 units, including 3,000,000 units issued pursuant to the full exercise by the underwriters of their over-allotment option. The offering was priced at $10.00 per unit, resulting in gross proceeds of $230,000,000.The Company’s units are listed on the Nasdaq Capital Market (“Nasdaq”) and commenced trading under the ticker symbol “BIOTU” on January 26, 2021. Each unit consists of one of the Company’s Class A ordinary shares and one-half of one redeemable warrant, each whole warrant entitling the holder thereof to purchase one Class A ordinary share at a price of $11.50 per share. Only whole warrants are exercisable. Upon separation of the units, no fractional warrants will...
Update: Barrel Energy to Provide Tech Space for Lithium Battery Recycling
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LAS VEGAS, Jan. 28, 2021 (GLOBE NEWSWIRE) — Barrel Energy Inc. (the “Company” or “Barrel”) (OTC: BRLL) is pleased to provide an update on the company’s recent activities.The CEO of Barrel Energy Mr. Craig Alford is, at this time, also assisting Altair International Corp. (ATAO: OTC) to develop ATAO’s prized lithium/rare earth and gold assets in Nevada. Mr. Alford was also the founder of American Battery Metals Corp. The Chairman of Barrel Energy, Mr. Harp Sangha and Mr. Alford are also the founders of Lithium Now.Barrel Energy is aware that most analysts see an upcoming bull market for Lithium and other battery raw materials to feed the surging Lithium-ion battery supply chain and has made this is a strategic focus for the company.Global demand for these key battery materials is expected to rise dramatically over this decade. The...
Freddie Mac Research Shows U.S. Population in the South and West Growing, Particularly in the Suburbs
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MCLEAN, Va., Jan. 28, 2021 (GLOBE NEWSWIRE) — Freddie Mac (OTCQB: FMCC) today released its latest Insight, showing U.S. population in the South and West grew seven times faster than in the Northeast and Midwest between 2017 and 2019. In the South, the population growth is mainly attributed to net migration, while in the West, natural increase (more births than deaths) is the main catalyst. Within the South, Texas, Florida, and Georgia have witnessed the most increases in population. In the West, it’s Arizona, Washington, and Nevada.“Freddie Mac has a keen interest in understanding not only how recent demographic trends have unfolded, but also how those trends will shape the future of housing demand,” said Sam Khater, Freddie Mac’s Chief Economist. “Our mission to provide liquidity, stability, and affordability to the nation’s...
KRONOS ADVANCED TECHNOLOGIES’ SMART PROXIMITY SENSOR ENABLES OSHA/CDC COMPLIANT COVID-19 WORKPLACE PREPAREDNESS PLANNING BY UTILIZING OUR CANARIO2B SMART SOCIAL DISTANCING PLATFORM
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Los Angeles, CA, Jan. 28, 2021 (GLOBE NEWSWIRE) — LOS ANGELES, CA, Jan. 28, 2021 (GLOBE NEWSWIRE) — KRONOS ADVANCED TECHNOLOGIES, INC., (OTC MARKETS: KNOS) (“KNOS” or the “Company”), a revenue-generating, product development and production company that has significantly changed the way air is moved, filtered and sterilized announced today availability of an exclusive, high-accuracy, bio-aerosol and proximity ranging sensor line of products, developed in response to the global pandemic, designed to help prevent workplace disease transmission by sensing, analyzing bio-aerosol including tracing social distancing at workplaces nationwide. Canario’s smart distance sensing portable device is suitable for workplaces, public schools, hospitals, restaurants, convention centers, and other public places....