Day: February 22, 2021
TORONTO, Feb. 22, 2021 (GLOBE NEWSWIRE) — (TSX:TLF, TLF.U) Brompton Funds invites investors and investment advisors to join a live webinar, Tech in 2021: Overbought or Overlooked? The webinar will take place on Tuesday March 2, 2021 at 11:00am EST. Investors and advisors interested may register for the webinar at the link below:Tech in 2021: Overbought or Overlooked?Portfolio manager Michael Clare and Senior Investment Analyst Varun Choyah will provide insights on what made Brompton Tech Leaders Income ETF (“TLF”) Canada’s #1 Actively Managed ETF over 5-years1 and share their strategy going into the second quarter of 2021. The webinar will conclude with a live Q&A. Registrants are welcome to submit questions for panelists to info@bromptongroup.com in advance of the event date.TLF provides investors with exposure to a...
Hudbay Announces Pricing for US$600 Million of 4.50% Senior Notes due 2026 and Redemption of its Outstanding 7.625% Senior Notes due 2025
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TORONTO, Feb. 22, 2021 (GLOBE NEWSWIRE) — Hudbay Minerals Inc. (“Hudbay” or the “company”) (TSX, NYSE:HBM) today announced that it has priced an offering of US$600 million aggregate principal amount of 4.50% senior notes due 2026 (the “New Notes”). The New Notes will be issued at 100% of their principal amount, providing the company with gross proceeds of US$600 million. The New Notes offering is expected to close on March 8, 2021, subject to customary closing conditions. Hudbay plans to use the net proceeds from the offering to fund the company’s redemption of all of its outstanding US$600 million aggregate principal amount of 7.625% senior notes due 2025 (the “2025 Notes”).The redemption of the 2025 Notes is conditioned upon the successful closing of the offering of the New Notes, contemporaneous with or prior to the redemption...
Mid Penn Bank Disburses over $290 Million in Loans to Small Businesses Through the Paycheck Protection Program
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MILLERSBURG, Pa., Feb. 22, 2021 (GLOBE NEWSWIRE) — Mid Penn Bancorp, Inc. (“Mid Penn”) (NASDAQ: MPB), parent company of the wholly-owned subsidiaries Mid Penn Bank (“Bank”) and MPB Financial Services, Inc., announced today that the Bank has approved and disbursed more than $290 million in loans for small businesses since the 2021 Paycheck Protection Program (PPP) portal was opened for community banks on January 19th. The Bank disclosed this information as part of its 8K filing with the U.S. Securities and Exchange Commission.In the four weeks since the SBA portal was made accessible to community banks to begin processing 2021 PPP Loans, Mid Penn Bank has secured and disbursed loans for 2,047 businesses that employ more than 26,000 workers. The Bank’s team of SBA professionals leaned on the success it created during the first round...
H&R Block Providing Help to Associates, Customers, and Communities Recovering from Historic Winter Storm
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KANSAS CITY, Mo., Feb. 22, 2021 (GLOBE NEWSWIRE) — Millions of Americans have been affected by the recent winter storm that brought catastrophic power outages, flooding, and water shortages to communities across Texas and many parts of the United States. Today, H&R Block (NYSE: HRB) is doing its part to help those impacted with a donation to the American Red Cross to support relief and recovery efforts in these communities.“We exist to provide help and inspire confidence in our clients and communities everywhere, and we stand with all Americans affected by these extreme weather events,” said Jeff Jones, H&R Block’s president and chief executive officer. “H&R Block is a part of all of these cities and towns, and we’re committed to helping our neighbors and our own associates during this great time of need.”The company...
PDC Energy Announces Continued Board Refreshment Through Appointment and Nomination of Two New Members to Replace Two Retiring Members
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DENVER, Feb. 22, 2021 (GLOBE NEWSWIRE) — PDC Energy, Inc. (“PDC” or the “Company”) (Nasdaq:PDCE) announced today that it has appointed Diana L. Sands to its board of directors on February 18, 2021. Ms. Sands brings over 30 years of experience in complex and dynamic environments to PDC, having held senior executive finance and governance positions across multiple industries. Ms. Sands most recently served as Executive Officer and Senior Vice President, Office of Internal Governance and Administration at The Boeing Company, a position she retired from in 2020.Further, the Board determined that it will nominate Carlos A. Sabater for election at its upcoming 2021 Annual Meeting of Stockholders (the “2021 Annual Meeting”), which is expected to be held in May. During his extensive career of nearly 40 years at Deloitte Touche Tohmatsu...
Jade Power Provides 2020 Operational Update
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TORONTO, Feb. 22, 2021 (GLOBE NEWSWIRE) — Jade Power Trust (“Jade Power” or the “Trust”) (TSXV:JPWR.UN) is pleased to report record annual energy generation from its renewable energy projects of 158,822 megawatt hours (“MWh”) for the year ended December 31, 2020.Energy generation for 2020 of 158,822 MWh was 2% higher or 3,559 MWh greater than 155,263 MWh generated for the year ended December 31, 2019. For the fourth quarter of 2020 energy generation was 35,653 MWh compared to 39,994 MWh generated in the fourth quarter of 2019. Given the nature of the operations, energy generation fluctuates in accordance with weather conditions.Colter Eadie, Chief Executive Officer of Jade Power, commented “2020 was a strong operational and financial year for us. We are very pleased with the record performance of our renewable asset portfolio and...
MarketAxess to Participate in the Credit Suisse 22nd Annual Financial Services Forum
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NEW YORK, Feb. 22, 2021 (GLOBE NEWSWIRE) — MarketAxess Holdings Inc. (Nasdaq: MKTX), the operator of a leading electronic trading platform for fixed-income securities, and the provider of market data and post-trade services for the global fixed-income markets, today announced that Chris Concannon, President and COO, and Tony DeLise, CFO, are scheduled to speak at the Credit Suisse 22nd Annual Financial Services Forum at 2:40 p.m. EST on February 24, 2021.The presentation will be broadcast live on the internet. Listeners will be able to access it through this link: https://kvgo.com/22nd-annual-financial-services-forum/marketaxess-feb-2021About MarketAxessMarketAxess operates a leading, institutional electronic trading platform delivering expanded liquidity opportunities, improved execution quality and significant cost savings across...
Freddie Mac Credit Protects $167.2 Billion of Single-Family Mortgages in Fourth Quarter
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MCLEAN, Va., Feb. 22, 2021 (GLOBE NEWSWIRE) — Freddie Mac’s Single-Family business today announced that its Credit Risk Transfer (CRT) program transferred credit risk via $4.8 billion of issuance on $167.2 billion of single-family mortgages from U.S. taxpayers to the private sector in the fourth quarter 2020. The issuance included STACR®, ACIS®, subordination and certain lender risk sharing transactions. In 2020, the company transferred risk via $16.9 billion of issuances on more than $475.8 billion of mortgages.“Despite a challenging environment, Freddie Mac’s Single-Family CRT program closed out its biggest year ever in 2020,” said Freddie Mac’s Mike Reynolds, Vice President of Single-Family CRT. “Our effectiveness in managing risk and tailoring transactions to investor needs and market conditions, together with our ongoing commitment...
Virtu Financial CEO Douglas A. Cifu to Participate in Interview on Market Structure Trends with Bloomberg’s Larry Tabb on February 23, 2021
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NEW YORK, Feb. 22, 2021 (GLOBE NEWSWIRE) — Virtu Financial, Inc. (Nasdaq:VIRT), a leading provider of global, multi-asset, financial services and products across the complete investment cycle, announced today that Virtu CEO, Douglas A. Cifu will participate in an interview with Larry Tabb, Bloomberg Intelligence’s Head of Market Structure Research, to discuss the growth of retail investing, execution quality, price improvement, payment for order flow, as well as clearing and other market structure topics on Tuesday, February 23, 2021 at 11:00 a.m. ET.Attendees can register on the investor relations section of Virtu’s website at http://ir.virtu.com/.About Virtu FinancialVirtu is a leading provider of financial services and products that leverages cutting-edge technology to deliver liquidity to the global markets and innovative, transparent...
United Hunter Oil & Gas Corp. Announces Additional $500,000 RRSP & TFSA Eligible Private Placement
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(INVESTMENT DEALER AND EXISTING SHAREHOLDER EXEMPTIONS APPLY)NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES.VANCOUVER, British Columbia, Feb. 22, 2021 (GLOBE NEWSWIRE) — On January 12, 2021, United Hunter Oil & Gas Corp. (TSXV:UHO) (Frankfurt:18U1) (“United Hunter” or the “Company“) announced, in connection with its letter of intent dated August 7, 2020, to complete a reverse takeover transaction (the “Transaction”) pursuant to which the Company will, directly or indirectly, acquire all of the issued and outstanding securities of Bocana Resources Ltd. (“Bocana“) and continue as an amalgamated entity (the “Resulting Issuer”) and a non-brokered offering for up to $2,500,000, with a lead order from Palisades Goldcorp Ltd., consisting of subscription...