Month: February 2021

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...

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...

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...

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...

New York, New York, Feb. 11, 2021 (GLOBE NEWSWIRE) — Venus Acquisition Corporation, a Cayman Islands company (the “Company”) announced today that it closed its initial public offering of 4,600,000 units at a price of $10.00 per unit, resulting in gross proceeds of $46,000,000. The units began trading on The Nasdaq Capital Market and trade under the ticker symbol “VENAU” . Each unit consists of one ordinary share of the Company, one right entitling the holder to receive one-tenth (1/10) of one ordinary share, and one warrant, each warrant exercisable for one-half of one ordinary share of the Company at a price of $11.50 per whole share. Once the securities comprising the units begin separate trading, the ordinary shares, rights and warrants are expected to be listed on The Nasdaq Capital Market under the symbols “VENA”, “VENAR” and...

Banca Ifis exceeds targets and closes 2020 with profit of 68,8 million Euro. Geertman joins the Board of DirectorsIn a year that has been profoundly marked by the COVID-19 pandemic, the Group has exceeded expectations, confirming resilient profitability and taking decisive action to derisk the businessOn the strength of the strategic initiatives and investments made during the year, including the rebranding and the portal dedicated to Ifis4Business companies, the Bank can speed up the route pursued based on the digitisation of the business model, attention to the customer and the valuation of peopleNet profits of 68,8 million Euro, higher than the guidance (between 50 and 65 million Euro) despite the second wave of COVID-19 and the lock-down that involved the country starting OctoberEquity position strengthens with CET1 at 11,29%, (+0,33%...

Banca Ifis supera i target e chiude il 2020 con 68,8 milioni di euro di utile. Geertman entra in Consiglio di AmministrazioneIn un anno profondamente segnato dalla pandemia di Covid-19, il Gruppo va oltre le attese, confermando una redditività resiliente e adottando azioni decisive per il derisking sugli attiviForte delle iniziative strategiche e degli investimenti realizzati nel corso dell’anno, tra cui il rebranding e il portale dedicato alle imprese Ifis4Business, la Banca può accelerare il percorso intrapreso basato sulla digitalizzazione del modello di business, l’attenzione al cliente e la valorizzazione delle personeUtile netto di 68,8 milioni di euro, superiore alla guidance (tra 50 e 65 milioni di euro) nonostante la seconda ondata di Covid-19 e il lockdown che ha interessato il Paese a partire dal mese di ottobreSi rafforza la...

WALTHAM, Mass., Feb. 11, 2021 (GLOBE NEWSWIRE) — Great Elm Group, Inc. (“we,” “us,” “our,” “GEG,” or “Great Elm”), (NASDAQ: GEG), today announced plans to release results for its fiscal 2021 second quarter ended December 31, 2020 on Tuesday, February 16, 2021 before the opening of the financial markets.Company to Host Conference Call & WebcastGreat Elm will host a conference call and webcast on Tuesday, February 16, 2021 at 8:30 a.m. Eastern Time to discuss its fiscal 2021 second quarter financial results.All interested parties are invited to participate in the conference call by dialing +1 (844) 559-0750; international callers should dial +1 (647) 689-5386. Participants should enter the Conference ID 5379083 when asked.For a copy of the slide presentation that will be referenced during the conference call, please visit: https://www.greatelmgroup.com/events-and-presentations.The...

Le groupe Recylex (Euronext Paris : FR0000120388 – RX) publie aujourd’hui son information financière au 31 décembre 2020.Suite à la demande d’ouverture des procédures d’insolvabilité de droit allemand1 le 14 mai 2020 par l’ensemble des sociétés qui constituaient son sous-groupe allemand, Recylex S.A. a perdu définitivement le contrôle de ces entités2, qui ont en conséquence été totalement déconsolidées à partir de cette date. Le chiffre d’affaires consolidé publié au 31 décembre 2020 inclut donc celui réalisé par ces entités seulement pour leur montant jusqu’à la date de leur déconsolidation.Afin de permettre une comparaison avec les chiffres 2020, le chiffre d’affaires consolidé au 31 décembre 2019 du Groupe Recylex est également présenté en données « Pro forma », en retraitant le chiffre d’affaires des entités allemandes sur la...

The Recylex Group (Euronext Paris: FR0000120388 – RX) is today reporting its sales for the financial year to December 31, 2020.Following the filing for insolvency proceedings under the German law1 on May 14, 2020 by the companies previously forming the German sub-group, Recylex S.A. definitively lost control of these entities2, which were consequently fully deconsolidated as of that date. The published consolidated sales at December 31, 2020 therefore include the sales generated by these entities only up to the date of their deconsolidation.In order to enable comparison with the 2020 figures, the Recylex Group’s consolidated revenue for the year ended December 31, 2019 is also presented in “Pro forma” data, by restating the revenue of the German entities over the same period as for the year 2020.IFRS data, figures...