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Day: February 17, 2021

Surrey Bancorp Announces First Quarter Cash Dividend of $0.105 per Common Share

MOUNT AIRY, N.C., Feb. 17, 2021 (GLOBE NEWSWIRE) — The Board of Directors of Surrey Bancorp (“the Company”, Pink Sheets: SRYB) has declared a quarterly cash dividend of 10.5 cents ($0.105) per share on the Company’s common stock. The cash dividend is payable on April 9, 2021, to shareholders of record as of the close of business on March 18, 2021. Ted Ashby, President/CEO of Surrey Bancorp, stated the dividend was based on the Company’s current operating results, its strong financial condition and a commitment to delivering shareholder value.Surrey Bancorp is the bank holding company for Surrey Bank & Trust (the “Bank”) and is located at 145 North Renfro Street, Mount Airy, North Carolina. The Bank operates full service branch offices at 145 North Renfro Street, 1280 West Pine Street and 2050 Rockford Street in Mount Airy....

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ADM Tronics Secures Infectious Disease Prevention Training Certification

Northvale, NJ, Feb. 17, 2021 (GLOBE NEWSWIRE) — via NewMediaWire — ADM Tronics Unlimited, Inc. (OTCQB – ADMT) has secured the “Infectious Disease Prevention Training Certification” from the New Jersey Business and Industry Association (“NJBIA”) by creating and formally adopting a disease prevention plan and detailed procedures, meeting guidelines set forth by The World Health Organization, Center for Diseases Control and the Occupational Safety and Health Administration.  ADMT participated in workshops and training conducted by NJBIA required to secure the Certification for designation as a “Certified Site.”Throughout the pandemic, ADMT implemented aggressive steps to minimize disruption of operations including having Essential Manufacturer exemption from statewide shutdowns and encompassing safety guidelines in ADMT’s operations. ...

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FDCTech Officially Integrates Condor FX Pro 5.0 with oneZero’s Liquidity Hub

Irvine, CA, Feb. 17, 2021 (GLOBE NEWSWIRE) — FDCTech, Inc. (“FDC” or the “Company,” OTCQB: FDCT), a fintech company with a full suite of FX technology and business solutions, today announced that it had integrated the Condor FX Pro 5.0 with oneZero Financial Systems LLC (“oneZero”), a leading liquidity provider to the global foreign exchange, commodities, equities, crypto-currency, and futures markets. The conformance test with Condor FX Pro 5.0 to oneZero’s liquidity hub confirmed the certification for a successful quote and trade session using the robust Condor Gateway. The liquidity hub allows market participants to connect to over 200 leading Forex providers, cryptocurrencies, and CFD at a fractional cost compared to FX brokers who use other conventional trading platforms.The Company...

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Mercer International Inc. Announces Appointments to Board of Directors

NEW YORK, Feb. 17, 2021 (GLOBE NEWSWIRE) — Mercer International Inc. (Nasdaq: MERC) today announced that Alice Laberge and Janine North, ICD.D, have been appointed to its board of directors effective February 17, 2021.Ms. Laberge most recently retired from the board of the Royal Bank of Canada in January 2021, on which she served for over 15 years. She is a member of the boards of directors of Nutrien Ltd. and Russel Metals Inc. Ms. Laberge is also a director of the BC Cancer Foundation and the Canadian Public Accountability Board. She was President and Chief Executive Officer of Fincentric Corporation until 2005 and was previously Chief Financial Officer and Senior Vice-President of Finance for MacMillan Bloedel Limited. Ms. Laberge holds an MBA from the University of British Columbia and a Bachelor of Science from the University...

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Stock Yards Bancorp Declares Quarterly Cash Dividend of $0.27 per Common Share

LOUISVILLE, Ky., Feb. 17, 2021 (GLOBE NEWSWIRE) — Stock Yards Bancorp, Inc. (NASDAQ: SYBT), parent company of Stock Yards Bank & Trust Company, with offices in the Louisville, Indianapolis and Cincinnati metropolitan markets, today announced that its Board of Directors has declared a quarterly cash dividend of $0.27 per common share. The dividend, which has been maintained at the prior quarter amount, will be paid on April 1, 2021, to stockholders of record as of March 12, 2021.Louisville, Kentucky-based Stock Yards Bancorp, Inc., with $4.6 billion in assets, was incorporated in 1988 as a bank holding company. It is the parent company of Stock Yards Bank & Trust Company, which was established in 1904. The Company’s common shares trade on The NASDAQ Stock Market under the symbol “SYBT.” For more information about Stock...

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Aldebaran Resources to Host Technical Investor Webinar on the Altar Copper-Gold Project

VANCOUVER, British Columbia, Feb. 17, 2021 (GLOBE NEWSWIRE) — Aldebaran Resources Inc. (“Aldebaran” or the “Company”, ALDE TSX.V) is pleased to announce that it will be hosting a Technical Investor Webinar on February 18, 2021 at 11:00 am EST. The webinar will provide a summary of technical highlights from the Altar copper-gold project presented by Dr. Kevin B. Heather, Chief Geological Officer. The management team will be available to answer questions following the presentation.Participants may register for the webinar at the following link:https://us02web.zoom.us/webinar/register/1416134998163/WN_uUS_hOmrSbedxByez22r3QA recorded playback of the webinar will be available on the Company’s website at:https://www.aldebaranresources.com/investors/events/ON BEHALF OF THE ALDEBARAN BOARD“John Black”       John...

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CAVU Resources Expects Record 2020 Annual Revenue; Q4 2020 Revenue up 727% Quarter-over-Quarter

CHARLOTTE, N.C., Feb. 17, 2021 (GLOBE NEWSWIRE) — CAVU Resources, Inc. (“CAVU Resources” or the “Company,”) (OTCPK: CAVR) reported preliminary results for its fourth quarter and full year ended December 31, 2020.Revenue for the fourth quarter is expected to total $8.03 million, up 727% from $0.97 million in the third quarter of 2020. Revenue for the full year is expected to total $10.52 million, a company record.Net income from 2020 sales is expected to exceed $2.2 million; of which $451,000 will be recognized in 2021 as a result of the successful closing of the previously announced Toll Brothers (NYSE: TOL) deal.In a report published by Realtor.com, Charlotte was ranked as the best housing market in the Southeast in 2021, with a predicted growth rate of 19.0%.“The Charlotte real estate market has been on fire, as evidenced by our...

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Pyxis Tankers Announces $25.0 Million Private Placement of Common Stock

MAROUSSI, GREECE, February 17, 2021 – Pyxis Tankers Inc. (NASDAQ: PXS), (the “Company” or “Pyxis Tankers”), an emerging growth pure play product tanker company, today announced that it has entered into definitive securities purchase agreements with a group of investors, which will result in gross proceeds to Pyxis Tankers of $25.0 million, before deducting placement offering expenses.  Pyxis Tankers will issue 14,285,715 shares of common stock at a price of $1.75 per share. This private placement is expected to close on or before February 19, 2021, subject to customary closing conditions.Pyxis Tankers will use the net proceeds from the transaction for general corporate purposes, which may include the repayment of outstanding indebtedness and potential vessel acquisitions.The securities offered and sold by Pyxis...

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How EHang Pioneers the Future of Urban Air Mobility

GUANGZHOU, China, Feb. 17, 2021 (GLOBE NEWSWIRE) — EHang Holdings Limited (Nasdaq: EH) (“EHang” or the “Company”), the world’s leading autonomous aerial vehicle (“AAV”) technology platform company, today invites its founder, Mr. Huazhi Hu, to explain EHang’s mission, technological advancements, as well as his thoughts on a report by a short-seller, Wolfpack Research, dated February 16, 2021.Question 1:        Why did you start EHang? What is EHang’s mission?Mr. Huazhi Hu (“Mr. Hu”): I founded EHang to make air mobility accessible for ordinary people. We envision that, in the foreseeable future, fast, efficient and door-to-door public air transportation within and between cities will become a reality. At EHang, we work hard every day striving to realize this dream.Question 2:        According to the short-seller report, many...

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PacRoots Announces Share Purchase Agreement with Lords of Grasstown

Vancouver, British Columbia, Feb. 17, 2021 (GLOBE NEWSWIRE) — via InvestorWire — Pac Roots Cannabis Corp. (“PacRoots” or the “Company”) (CSE: PACR) (OTCQB: PACRF) is pleased to announce the execution of a Share Purchase Agreement with the shareholders of Lords of Grasstown Holdings Ltd., a company existing under the laws of British Columbia (“Grasstown”) pursuant to which the Company will acquire all the issued and outstanding shares of Grasstown (the “Transaction”). Grasstown is a well-established Cannabis Motorcycle lifestyle brand with a tremendous following and acumen that spawned from the vision of Tyler Hazelwood, founder and director of Lords of Gastown.The closing date for the Transaction is expected to occur on Feb. 19, 2021, pending completion of the Company’s due diligence reviews.In consideration for the share...

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