FTI Fails to Close October 2020 Private Placement and Issues Incentive Stock Options

Written by Customer Service on February 17, 2021. Posted in Public Companies.

TORONTO, Feb. 17, 2021 (GLOBE NEWSWIRE) — FTI Foodtech International Inc. (TSXV: FTI) (“FTI” or “the Company”) announces that the proposed private placement announced October 15, 2020 was not closed due to market conditions and current stock price.Additionally, in an effort to attract and retain quality board members, on February 17, 2021, the Company issued a total of 700,000 director stock options, each at $0.15 with a three-year expiry of February 17, 2024.The TSX Venture Exchange Inc. has not approved the contents of this press release. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.ON BEHALF OF THE BOARD OF DIRECTORS William Hullah, President T : (416) 444-1058 E :

NexImmune Announces Closing of Upsized Initial Public Offering and Full Exercise of Underwriters’ Option to Purchase Additional Shares

Written by Customer Service on February 17, 2021. Posted in Public Companies.

GAITHERSBURG, Md., Feb. 17, 2021 (GLOBE NEWSWIRE) — NexImmune, Inc. (Nasdaq: NEXI), a clinical-stage biotechnology company developing a novel approach to immunotherapy designed to employ the body’s own T cells to generate a specific, potent and durable immune response, today announced the closing of its previously announced upsized initial public offering of 7,441,650 shares of its common stock at a price to the public of $17.00 per share, which includes the exercise in full by the underwriters of their option to purchase 970,650 additional shares. Including the option exercise, the gross proceeds to NexImmune from the offering, before deducting the underwriting discounts and commissions and estimated offering expenses, were approximately $126.5 million.Barclays Capital Inc., Cantor Fitzgerald & Co., Raymond James & Associates,...

Preferred Bank Announces Opening of Loan Production Office in Houston, Texas

Written by Customer Service on February 17, 2021. Posted in Public Companies.

LOS ANGELES, Feb. 17, 2021 (GLOBE NEWSWIRE) — Preferred Bank (NASDAQ: PFBC), (“the Bank”), an independent commercial bank, today announced plans to open a loan production office (“LPO”) in Houston, Texas. The Bank has hired the leader of what is expected to be a larger team of local, experienced lenders in the very near future.Li Yu, Chairman and CEO, commented, “We are excited about this opportunity for Preferred Bank. The new team will be led by George M. Lee, who will be CEO of Preferred Bank’s Texas operations. Mr. Lee is past CEO of several publicly traded corporations including Metro Corp from 2002 to 2014, then the largest Asian-focused commercial bank in Texas. This LPO allows us to gain entry into a new and growing market in a very cost effective manner and we plan to eventually have full branch operations there. As with...

Distinction Energy Corp. Announces Strategic Simonette Asset Acquisition

Written by Customer Service on February 17, 2021. Posted in Mergers And Acquisitions.

CALGARY, Alberta, Feb. 17, 2021 (GLOBE NEWSWIRE) — Distinction Energy Corp. (“Distinction” or the “Company”) is pleased to announce its commitment to participate as to 50% in a $335 million acquisition, including $15 million in contingency payments based on future commodity prices, entered into by Kiwetinohk Resources Corp. (“Kiwetinohk”) for certain interests in the Simonette area of northwest Alberta (the “Acquisition”). The Acquisition consists of certain multi-zone, oil and liquids-rich natural gas producing assets in the Simonette area of northwest Alberta, including associated infrastructure and additional assets in the Willesden Green and Ferrier areas of Alberta. Currently, the assets to be acquired are producing approximately 10,000 barrels of oil equivalent per day (“boe/d”), weighted 43 percent to liquids.Distinction...

Carriage Services Announces Employment Agreement Extension with Chairman and CEO Mel Payne

Written by Customer Service on February 17, 2021. Posted in Public Companies.

HOUSTON, Feb. 17, 2021 (GLOBE NEWSWIRE) — Carriage Services, Inc. (NYSE: CSV) today announced that its Board of Directors has agreed with the Company’s Chairman and CEO, Mel Payne, to extend the term of his employment agreement another seven years through February 17, 2028.“Through our differentiated and disruptive Standards Operating Model, Mel has set the Being the Best mission for Carriage and has created a leadership centric organization that is focused on continuing our journey from Good To Great. Mel has been instrumental in transforming Carriage into a High Performance culture company that just happens to be in the funeral and cemetery industry,” said Bryan Leibman, the Company’s Lead Independent Director. “Mel has proven himself to be a strategic visionary and innovative leader and the Board...

Peyto Reports Year End Reserves, Strategic Acquisitions and 48% Increase in Capital Budget

Written by Customer Service on February 17, 2021. Posted in Public Companies.

CALGARY, Alberta, Feb. 17, 2021 (GLOBE NEWSWIRE) — Peyto Exploration & Development Corp. (“Peyto” or the “Company”) is pleased to present the results and in-depth analysis of its independent reserve report effective December 31, 2020. The evaluation encompassed 100% of Peyto’s reserves and was conducted by InSite Petroleum Consultants (“InSite”). The year 2020 marks the Company’s 22nd year of successful reserves development.2020 HIGHLIGHTSFor the year ended December 31, 2020, Peyto invested $235.7 million of total capital1 to build approximately 137 mmcf/d of natural gas and 3,700 bbl/d of NGLs (53% pentanes and condensate) at a cost of $8,900/boe/d, which was the lowest cost in Company history.Peyto developed 222 BCFe (37 mmboes) of new Proved Developed Producing (“PDP”) reserves at a Finding, Development and Acquisition (“FD&A”)...

Premier Health Announces Results of Shareholders’ Meeting

Written by Customer Service on February 17, 2021. Posted in Public Companies.

MONTREAL, Feb. 17, 2021 (GLOBE NEWSWIRE) — Premier Health of America Inc. (TSXV: PHA) (“Premier Health” or the “Corporation”) announces that all matters submitted to shareholders for approval as set out in detail in the Corporation’s management information circular (“Circular”) dated January 19, 2021, were approved at its annual general and special meeting of shareholders (the “Meeting”) held virtually on Wednesday, February 17, 2021. At the Meeting, Raymond Chabot Grant Thornton LLP was re-appointed as the auditor of the Corporation and the current members of the board of directors, being Martin Legault, Éric Chouinard, Marie Laberge, Joseph Cianci, Anne Côté, Hubert Marleau, Jean-Robert Pronovost and Gilles Seguin, were elected for the ensuing year. Shareholders also voted in favour of ratifying and approving the continuation...

Sycamore Entertainment and SEGI TV Are Officially Approved As an Amdocs/Vubiquity Affiliate

Written by Customer Service on February 17, 2021. Posted in Public Companies.

HOLLYWOOD, Feb. 17, 2021 (GLOBE NEWSWIRE) — Sycamore Entertainment (SEGI) is pleased to announce that it has been approved by Amdocs as an affiliate for content through its subsidiary Vubiquity.VUBIQUITY, part of the Amdocs Media division of Amdocs (NASDAQ: DOX), delivers premium content to viewers on any screen, device or platform. With a wide-ranging global customer network, the world’s leading content owners (Major Studios, Indie Studios, TV Networks & Digital First Networks) and video service providers (OTT, Mobile, Cable, Satellite, Telco) have selected VUBIQUITY to deliver entertainment experiences around the world. VUBIQUITY has offices in Los Angeles, Toronto, London, and Cyprus.“Our acceptance into the Amdocs family is a testament to our teams hard work, dedication and years of building relationships within the industry,” says...

Lee launches Feast and Field, new food-focused digital magazine

Written by Customer Service on February 17, 2021. Posted in Public Companies.

DAVENPORT, Iowa, Feb. 17, 2021 (GLOBE NEWSWIRE) — Lee Enterprises, Incorporated (NYSE: LEE), a leading provider of news, information and advertising in 77 markets, announced today the launch of Feast and Field, a new food-focused digital magazine exploring farming, food production, culinary history and cooking.“Food is deeper than the dish from your favorite restaurant and broader than a go-to recipe,” said Cat Neville, executive editor of Feast and Field. “Food touches every one of us and Feast and Field will give readers the full story of how it all happens, from the field to the plate.”“Feast and Field will go beyond what most national culinary publications offer their readers,” said Donna Bischoff, Lee vice president of custom content. “This digital magazine will speak to many local and national advertisers searching for a new...

Sun Communities, Inc. Reports 2020 Fourth Quarter Results and 2021 Guidance

Written by Customer Service on February 17, 2021. Posted in Earnings Releases And Operating Results.

Southfield, MI, Feb. 17, 2021 (GLOBE NEWSWIRE) — Sun Communities, Inc. (NYSE: SUI) (the “Company”), a real estate investment trust (“REIT”) that owns and operates, or has an interest in, manufactured housing (“MH”) communities, recreational vehicle (“RV”) resorts and marinas, (collectively, the “properties”), today reported its fourth quarter results for 2020.Financial Results for the Quarter and Year Ended December 31, 2020For the quarter ended December 31, 2020, total revenues increased $82.4 million, or 27.3 percent, to approximately $384.3 million compared to $301.8 million for the same period in 2019. Net income attributable to common stockholders was approximately $7.6 million, or $0.07 per diluted common share, for the quarter ended December 31, 2020.For the year ended December 31, 2020, total revenues increased $134.3 million,...

Day: February 17, 2021

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