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Month: February 2021

Alpine Income Property Trust Increases Quarterly Dividend by 9.1% and Declares Dividend for the First Quarter 2021

DAYTONA BEACH, Fla., Feb. 11, 2021 (GLOBE NEWSWIRE) — Alpine Income Property Trust, Inc. (NYSE: PINE) (the “Company”) announced today that its Board of Directors has authorized, and the Company has declared, an increase in the Company’s quarterly cash dividend to $0.24 per share of common stock for the first quarter of 2021 from its previous quarterly cash dividend of $0.22 per share of common stock. The dividend is payable on March 31, 2021 to stockholders of record as of the close of business on March 22, 2021. The 2021 first quarter cash dividend represents a 9.1% increase over the Company’s previous quarterly dividend and an annualized yield of approximately 5.5% based on the closing price of the common stock on February 10, 2021.About Alpine Income Property Trust, Inc.Alpine Income Property Trust, Inc. (NYSE: PINE) is a publicly...

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Watsco Boosts Annual Dividend 10% to $7.80 Per Share

MIAMI, Feb. 11, 2021 (GLOBE NEWSWIRE) — Watsco, Inc. (NYSE:WSO) announced today that its Board of Directors has approved a 10% increase in its annual dividend to $7.80 per share on each outstanding share of its Common and Class B common stock. The increase will be reflected in the Company’s next regular dividend payment beginning in April 2021.Albert H. Nahmad, Watsco’s Chairman & CEO stated: “We are pleased to increase dividends to our shareholders, which reflects our confidence in the business and is supported by our strong cash flow and balance sheet.”Watsco has paid dividends to shareholders for 47 consecutive years. The Company’s philosophy is to share increasing amounts of cash flow through higher dividends while maintaining a conservative balance sheet with continued capacity to build its distribution network. Future...

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Eagle Bulk Shipping Inc. Acquires Three Supramaxes

STAMFORD, Conn., Feb. 11, 2021 (GLOBE NEWSWIRE) — Eagle Bulk Shipping Inc. (NASDAQ: EGLE) (“Eagle Bulk”, “Eagle” or the “Company”), one of the world’s largest owner-operators within the Supramax / Ultramax drybulk segment, today announced that it has purchased three 2011-built CROWN-58 Supramax bulkcarriers for a total of USD 21.15 million and 329,583 common shares* of Eagle.The ships, which will be renamed the M/V Montauk Eagle, M/V Newport Eagle, and M/V Sankaty Eagle, were all constructed at Yangzhou Dayang Shipbuilding Co., Ltd and are sister ships to 17 CROWN-58 Supramax bulkcarriers in Eagle’s existing fleet. The vessels are all expected to be delivered into the Company’s fleet between March and May of this year.Inclusive of all recently reported acquisitions, Eagle’s fleet totals 52 ships, including 27 which have been acquired...

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Aberdeen International Closes Transaction to Acquire a 41.67% Interest in AES-100 Inc., the World’s Only Technology Capable of Producing High Purity Green Hydrogen at

TORONTO, Feb. 11, 2021 (GLOBE NEWSWIRE) — Aberdeen International Inc. (“Aberdeen” or the “Company”) (TSX: AAB) is pleased to announce it has closed a transaction to acquire 41.67% of AES-100 Inc., first announced on February 1, 2021.Aberdeen issued a total of 25 million common shares to the shareholders of AES-100 Inc. in exchange for a 41.67% equity interest in AES-100 Inc. No finder fees were paid in connection with, and no change of control of Aberdeen resulted from, the transaction.AES-100 Inc. has acquired exclusive rights and all intellectual property pertaining to T2M Global’s Advanced Electrolyzer System for the production of hydrogen from dilute syngas. T2M Global is the world’s leader in clean energy technology using hydrogen with zero carbon footprint and no greenhouse gas emissions. The technology is revolutionizing...

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Draganfly and Windfall Geotek Advance Testing of Drone-Based AI Solution for Landmine Detection

Los Angeles, CA., Feb. 11, 2021 (GLOBE NEWSWIRE) — Draganfly Inc. (OTCQB: DFLYF) (CSE: DFLY) (FSE: 3U8) (“Draganfly” or the “Company”), an award-winning, industry-leading drone solutions and systems developer, today announced that it has advanced field testing of the EagleEye™ land mine detection solution with Windfall Geotek (TSX-V: WIN) (OTCQB: WINKF).Windfall Geotek is a mining services company and a leader in the use of Artificial Intelligence (AI) and advanced knowledge-extraction techniques since 2005 in the mining sector. This test included joint research, AI development, and engineering support for the development of drones and sensor equipment.Every day approximately 10 people around the world lose their lives or are maimed due to an anti-personnel mine (“APM“). This means that about 4,200 people are hurt or...

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Wesdome to Announce 2020 Fourth Quarter and Full Year Financial Results March 10, 2021

TORONTO, Feb. 11, 2021 (GLOBE NEWSWIRE) — Wesdome Gold Mines Ltd. (TSX: WDO) (“Wesdome” or the “Company”) today announces that the Company intends to release its fourth quarter and full year 2020 financial results after market close on March 10, 2021. The financial statements and management discussion and analysis will be available on the Company’s website at www.wesdome.com or on SEDAR at www.sedar.com. A conference call to discuss these results will be held on March 11 at 10:00 am ET. Wesdome invites participants to join the call using the following details:Wesdome Gold Mines 2020 Fourth Quarter and Year End Conference Call:North American Toll Free: + 1 (844) 202-7109International Dial-In Number: +1 (703) 639-1272Conference ID: 6284876Webcast link: https://edge.media-server.com/mmc/p/a8c7w7dcThe webcast can also be accessed under...

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Intelligent Systems Reports Fourth Quarter & Fiscal Year 2020 Results

NORCROSS, Ga., Feb. 11, 2021 (GLOBE NEWSWIRE) — Intelligent Systems Corporation [NYSE American: INS], the leading provider of innovative credit technology solutions and processing services to the financial technology and services market, announced today its financial results for the quarter ended December 31, 2020.“I am pleased to report that our fourth quarter and full-year results were in-line with initial expectations and, despite volatile market conditions, we completed crucial investments in our infrastructure, setting the stage for future growth. These investments enable CoreCard to take on new customers while ensuring it continues to exceed both current and future customer needs,” said Leland Strange, CEO of Intelligent Systems. “In the fourth quarter, we achieved revenues of $9.6 million, a 7% decline relative to the fourth...

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InflaRx Announces Presentation of New C5a and Vilobelimab (IFX-1) Data from Phase IIB SHINE Study at the 2021 Virtual European Hidradenitis Suppurativa Foundation Conference

Significantly elevated baseline C5a levels occur in hidradenitis suppurativa (HS) patientsVilobelimab dose-dependently suppresses C5a levels over time accompanied by the previously reported reduction in inflammatory lesion counts and scoresData support continued development of vilobelimab in HSJENA, Germany, Feb. 11, 2021 (GLOBE NEWSWIRE) — InflaRx (Nasdaq: IFRX), a clinical-stage biopharmaceutical company developing anti-inflammatory therapeutics by targeting the complement system, today announced the presentation of new data with vilobelimab (IFX-1), a first-in-class anti-C5a antibody, demonstrating significantly elevated baseline C5a levels in moderate and severe Hurley Stage II and III hidradenitis suppurativa (HS) patients compared to healthy volunteers. Data will be presented at the 10th Conference of the European Hidradenitis...

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WPD Pharmaceuticals Engages Worldwide Clinical Trials as CRO for Further Support on Berubicin Trials

VANCOUVER, British Columbia, Feb. 11, 2021 (GLOBE NEWSWIRE) — WPD Pharmaceuticals Inc. (“WPD” or the “Company”) (CSE: WBIO) (FSE: 8SV1), a clinical stage pharmaceutical company, is pleased to announce that it has signed another services agreement with world-renowned Contract Research Organization (“CRO”), Worldwide Clinical Trials (“Worldwide”) to continue support of Phase 1 and 2 clinical trials on its Berubicin drug candidate.Part of the program budget will be refunded by a grant already awarded to WPD by The National Center for Research and Development based in Poland under the European Union Smart Growth Operational Program 2014-2020.In September 2020, WPD announced that it had selected Worldwide to provide research services, implementation of start-up activities, organization and development for clinical trials being conducted...

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Eve & Co Completes First Shipment of Dried Flower Products to the Province of New Brunswick

STRATHROY, Ontario, Feb. 11, 2021 (GLOBE NEWSWIRE) — Eve & Co Incorporated (“Eve & Co” or the “Company”) (TSX-V: EVE; OTCQX: EEVVD) is pleased to announce that it has, through its wholly-owned subsidiary Natural MedCo Ltd. (“NMC”), successfully completed its first shipment of cannabis products to Cannabis NB. Eve & Co’s cannabis products will be available on Cannabis NB’s website (www.cannabis-nb.com) and can be purchased at licensed New Brunswick retailers.The first shipment consisted of Eve & Co’s new 28g dried flower products, available in Sativa Blend and Indica Blend. The cannabis flower in these new products is sun-grown in Southwestern Ontario, hang-dried, machine-trimmed and hand-finished to maintain optimal flavour and quality.“Our team has been working hard to expand our distribution within the Canadian...

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