Month: January 2021

BOCA RATON, Fla., Jan. 28, 2021 (GLOBE NEWSWIRE) — Jushi Holdings Inc. (“Jushi” or the “Company”) (CSE: JUSH) (OTCMKTS: JUSHF), a vertically integrated, multi-state cannabis operator, announced that a portion of certain eligible Senior Secured Notes due January 15, 2023 (the “Notes”) will be redeemed on January 31, 2021 (the “Redemption Date”).On January 7, 2021, Jushi announced that it closed an offering of subordinate voting shares of an aggregate of 6,210,000 subordinate voting shares at a price of C$6.50 per share for total gross proceeds of approximately C$40,365,000 or US$31,808,511, which included the full exercise of the over-allotment option granted to the underwriters (the “Offering”). Pursuant to the terms of the Notes, the Company was required to offer to repurchase eligible Notes at par plus accrued and unpaid interest,...

Southampton, PA, Jan. 28, 2021 (GLOBE NEWSWIRE) — Quaint Oak Bancorp, Inc. (the “Company”) (OTCQB: QNTO), the holding company for Quaint Oak Bank (the “Bank”), announced today that net income for the quarter ended December 31, 2020 was $1.1 million, or $0.54 per basic and $0.53 per diluted share, compared to $597,000, or $0.30 per basic and $0.29 per diluted share for the same period in 2019. Net income for the year ended December 31, 2020 was $3.2 million, or $1.64 per basic and $1.61 per diluted share, compared to $2.5 million, or $1.27 per basic and $1.24 per diluted share for the same period in 2019. Robert T. Strong, President and Chief Executive Officer stated, “It is my pleasure to present the final Earnings Release of 2020.  In a tumultuous year offering many unknowns, we experienced a year of both growth and expansion. ...

BIRMINGHAM, Ala., Jan. 28, 2021 (GLOBE NEWSWIRE) — First US Bancshares, Inc. (Nasdaq: FUSB) (the “Company”), the parent company of First US Bank (the “Bank”), today reported net income of $1.0 million, or $0.15 per diluted share, for the quarter ended December 31, 2020 (“4Q2020”), compared to $0.4 million, or $0.06 per diluted share, for the quarter ended September 30, 2020 (“3Q2020”) and $1.2 million, or $0.18 per diluted share, for the quarter ended December 31, 2019 (“4Q2019”). For the year ended December 31, 2020, the Company’s net income totaled $2.7 million, or $0.40 per diluted share, compared to $4.6 million, or $0.67 per diluted share, for the year ended December 31, 2019.Growth in net income comparing 4Q2020 to the previous quarter of 2020 was driven by improved net interest income and reduced loan loss provisioning and...

BAYONNE, N.J., Jan. 28, 2021 (GLOBE NEWSWIRE) — BCB Bancorp, Inc. (the “Company”), (NASDAQ: BCBP), the holding company for BCB Community Bank (the “Bank”), today reported net income of $20.9 million for the year ended December 31, 2020, compared with $21.0 million for 2019. Earnings per diluted share for 2020 were $1.14, as compared to $1.20 in 2019. In the fourth quarter of 2020, the Company earned $7.3 million, compared with $5.1 million in the fourth quarter of 2019, and $8.3 million in the third quarter of 2020. Earnings per diluted share were $0.41 in the fourth quarter of 2020, compared to $0.29 per diluted share in the fourth quarter of 2019, and $0.47 per diluted share in the preceding quarter.“We generated solid earnings for the fourth quarter and for the full year 2020, fueled by solid net interest income generation, despite...

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...

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,...

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...

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...

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...