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Day: February 11, 2021

First National Corporation Announces 9% Increase in Cash Dividend

STRASBURG, Va., Feb. 11, 2021 (GLOBE NEWSWIRE) — The Board of Directors of First National Corporation (Nasdaq: FXNC) declared a quarterly cash dividend of $0.12 per share on February 10, 2021. This was a 9% increase compared to the quarterly dividend paid on December 29, 2020. The dividend is payable on March 12, 2021 to shareholders of record as of February 26, 2021.FORWARD-LOOKING STATEMENTSCertain information contained in this discussion may include “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements relate to the Company’s future operations and are generally identified by phrases such as “the Company expects,” “the Company believes” or words of similar import. Although the...

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SFL – Invitation to Presentation of Q4 2020 Results

SFL Corporation Ltd. (“SFL” or the “Company”) (NYSE: SFL) plans to release its preliminary financial results for the fourth quarter of 2020 on Wednesday, February 17, 2021.SFL plans to host a conference call and webcast for all stakeholders and interested parties on Wednesday, February 17, 2021 at 10:00 AM (EST) / 4:00 PM (CET). Relevant material will be available from the Investor Relations section of the Company’s website at www.sflcorp.com on the same day.In order to listen to the presentation you may do one of the following: There will be a Q&A session after the presentation. Information on how to ask questions will be given at the beginning of the Q&A session.   A replay of the conference call will be available for seven days by dialing:SFL Corporation Ltd.Hamilton, BermudaInvestor and Analyst Contacts:Aksel...

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Visionstate upsizes previously announced placement to $1.5 million due to market demand

EDMONTON, Alberta, Feb. 11, 2021 (GLOBE NEWSWIRE) — Visionstate Corp. (TSX-V: VIS) (“Visionstate”) is pleased to announce that due to strong investor demand it has increased the size of the previously announced non-brokered private placement offering of units (“Units”) to $1,500,000 or up to 30,000,000 units, at a price of $.05 per Unit, subject to regulatory approval. Each Unit is comprised of one (1) common share in the capital of Visionstate Corp. (VIS) and one (1) common share purchase warrant at $0.07 cents for a period of 36 months from the date of closing.The closing of the offering is subject to certain conditions, including but not limited to, the receipt of all regulatory approvals, including the acceptance of the TSX Venture Exchange. The securities issued under the offering will be subject to the standard four-month...

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Colliers Named one of America’s Best Large Employers of 2021

LOS ANGELES, Feb. 11, 2021 (GLOBE NEWSWIRE) — Colliers International Group Inc. (NASDAQ and TSX: CIGI) announced today that it has been named to Forbes’ 2021 list of America’s Best Large Employers. The list recognizes employee satisfaction across 500 large companies.“We are honored to be recognized by Forbes as one of America’s Best Large Employers,” said Gil Borok, Colliers President & CEO | U.S. “We are proud and appreciative of the enterprising work our people do to consistently exceed our clients’ expectations and accelerate their success.”America’s Best Large Employers were selected based on an independent survey where 50,000 employees in 25 different industries working for companies with at least 1,000 people employed in their U.S. locations were asked open-ended questions regarding their employer. The evaluation was...

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GeoVax Announces Closing of $10.3 Million Bought Deal Offering

Atlanta, GA, Feb. 11, 2021 (GLOBE NEWSWIRE) — via NewMediaWire — GeoVax Labs, Inc. (NasdaqCM: GOVX) (“GeoVax” or the “Company”), a biotechnology company developing human immunotherapies and vaccines against infectious diseases and cancer, today announced the closing of its bought deal offering of 1,644,000 shares of its common stock, which included 204,000 shares sold pursuant to the full exercise of the underwriter’s option to purchase additional shares, at a price to the public of $6.25, less underwriting discounts and commissions.  The gross proceeds from the offering were approximately $10.3 million, before deducting underwriting discounts and commissions and estimated offering expenses.Maxim Group LLC acted as the sole book-running manager for the offering.The offering was conducted pursuant to the Company’s registration...

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Honey Badger Silver Announces Addition of Three Top-Tier Advanced Silver Properties to its Growing Portfolio of Silver Assets

TORONTO, Feb. 11, 2021 (GLOBE NEWSWIRE) — Honey Badger Silver Inc. (TSX-V: TUF) (“Honey Badger Silver” or the “Company”) is pleased to announce that it has signed a binding letter of intent (the “LOI”) with Strategic Metals Ltd. (“Strategic Metals”; TSX-V: SMD) to acquire a 100% interest in the following three silver-focused advanced properties located in the Yukon Territory, Canada:(1) Plata: analogous geology to prolific Keno Hill silver district in the Yukon,(2) Groundhog: higher-grade silver values reported, and(3) Hy: demonstrated potential for high-grade silver.  “These property acquisitions have the potential to provide substantial silver upside on a per-share basis for our shareholders,” said Chad Williams, Chairman of Honey Badger. “Each of these three properties offers as much as or greater exploration upside than our...

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Patriot Bank announces key addition: Senior Vice President & Deputy Chief Credit Officer

STAMFORD, Conn., Feb. 11, 2021 (GLOBE NEWSWIRE) — Patriot National Bancorp, Inc. (“Patriot”) (NASDAQ:PNBK), the parent company of Patriot Bank, N.A. (the “Bank”), today announced it has appointed a seasoned credit administrator, Patrick Trombly, as its Senior Vice President and Deputy Chief Credit Officer.Mr. Trombly most recently served as Senior Vice President – Commercial Lending at Axos Bank and previously held the position of Senior Vice President – Commercial Credit for City National Bank and Citibank. Mr. Trombly brings a rich and diverse experience in community bank credit and lending. Mr. Trombly holds an undergraduate degree from Holy Cross and a Juris Doctor from Suffolk Law School. “I’m very pleased that Patrick Trombly has joined Patriot as Senior Vice President, Deputy Chief Credit Officer. As a banking...

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Kaleido Biosciences Announces the Exercise of the Underwriters’ Option to Purchase Additional Shares of Common Stock

LEXINGTON, Mass., Feb. 11, 2021 (GLOBE NEWSWIRE) — Kaleido Biosciences, Inc. (Nasdaq: KLDO), a clinical-stage healthcare company with a differentiated, chemistry-driven approach to targeting the microbiome to treat disease and improve human health, today announced that, in connection with its previously announced underwritten public offering of common stock, the underwriters have fully exercised their option to purchase an additional 787,500 shares of common stock from the Company. The exercise of this option increases the size of the offering to an aggregate of 6,037,500 shares at a price to the public of $11.50 per share. The gross proceeds to Kaleido from this offering were approximately $69.4 million, before deducting underwriting discounts and commissions and other offering expenses. The purchase of the additional shares of...

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CGE Energy Positions Its Subsidiary, Aradatum, For Future Growth

BRIGHTON, Mich, Feb. 11, 2021 (GLOBE NEWSWIRE) — CGE Energy, Inc. (OTCPink: CGEI) has taken a strategic step towards the future growth of its subsidiary, Aradatum, Inc. Aradatum has issued 60,000,000 (sixty million) Aradatum Common Shares to its parent, CGE Energy.The rationale for the issuance is to better enable CGE Energy to transfer these Aradatum Shares proportionally to CGEI Shareholders when Aradatum is officially spun-out. After the spin-out, Aradatum will be free to pursue its own stock listing. This action rewards CGEI Shareholders with an opportunity to participate in the future growth of Aradatum.Bryan Zaplitny, President of CGE Energy said, “We wanted to take this strategic step now to position Aradatum for future growth and spin-out from CGE. This move enables Aradatum to attract the capital it needs to scale...

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