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Month: February 2021

Playboy Enterprises and Mountain Crest Acquisition Corp Announce Closing of Business Combination

LOS ANGELES, Feb. 10, 2021 (GLOBE NEWSWIRE) — Playboy Enterprises Inc., (“Playboy”), owner of one of the largest and most recognizable lifestyle brands in the world, and Mountain Crest Acquisition Corp (Nasdaq: MCAC) (“Mountain Crest”), a publicly traded special purpose acquisition company, announced today the completion of their business combination (the “business combination”), pursuant to which Playboy became a wholly owned subsidiary of Mountain Crest and Mountain Crest changed its name to PLBY Group, Inc. (the “Company”). The business combination was approved at a special meeting of the stockholders of Mountain Crest held on February 9, 2021. The Company’s common stock is expected to trade beginning on February 11, 2021, on the Nasdaq Global Market under the ticker symbol “PLBY.”“Today is a momentous and proud day for our whole...

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Mexco Energy Corporation Reports Financial Results for the Third Quarter

MIDLAND, TX, Feb. 10, 2021 (GLOBE NEWSWIRE) — Mexco Energy Corporation (NYSE American: MXC) today reported net income of $80,497 for the quarter ending December 31, 2020, the Company’s third quarter of fiscal 2021. This compares to net income of $35,196 for the quarter ending December 31, 2019.Operating revenues, in the third quarter of fiscal 2021 were $699,894, compared to $769,778 for the second quarter of fiscal 2020. This is the result of a 13% increase in oil production, an 8% increase in gas production and a 29% increase in gas prices partially offset by a 28% decrease in oil prices.The average sales price for the quarter ending December 31, 2020 was $2.08 per Mcf and $40.01 per barrel compared to $1.61 per Mcf and $55.91 per barrel, respectively for the quarter ending December 31, 2019.For the nine months ended December...

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Mohawk Industries Names James F. Brunk Chief Financial Officer

CALHOUN, Ga., Feb. 10, 2021 (GLOBE NEWSWIRE) — Mohawk Industries, Inc. (NYSE: MHK) today announced the appointment of James F. Brunk as chief financial officer, effective April 1, 2021.“I have worked with Jim for many years, and I am confident that he will do an excellent job as our chief financial officer,” said Jeff Lorberbaum, Mohawk’s chairman and chief executive officer. “He has a deep understanding of our global operations and will positively influence our performance. His expertise in financial planning and analysis, mergers and acquisitions, accounting and investor relations has been exhibited throughout his three-decade career.”Since May 2009, Brunk, 55, has served as Mohawk’s corporate controller and chief accounting officer. He joined the Company in 2006 as chief financial officer of the Mohawk Home division. Before becoming...

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Rod Kirwan Appointed Vice President, Sales & Marketing, of Lantic Inc.

MONTRÉAL, TORONTO and VANCOUVER, British Columbia, Feb. 10, 2021 (GLOBE NEWSWIRE) — Rogers Sugar Inc. (the “Corporation” or “Rogers Sugar”) (TSX: RSI) is pleased to announce the appointment of Rod Kirwan to the position of Vice President, Sales & Marketing of Lantic Inc. (“Lantic”). Having earned a BA in Economics from Laurentian University and an MBA in Supply Chain Management from Michigan State University, Mr. Kirwan most recently held the position of Vice President and General Manager of Ventura Foods Canada, where he was responsible for the overall performance of the Canadian business unit, leading both the commercial and operations teams nationwide.During the course of a career that has spanned more than 20 years in the food industry, he developed an enviable reputation for his progressive sales and marketing leadership...

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Rod Kirwan nommé vice-président, ventes et marketing, de Lantic Inc.

MONTRÉAL, TORONTO et VANCOUVER, Colombie-Britannique, 10 févr. 2021 (GLOBE NEWSWIRE) — Rogers Sugar Inc. (la « Société » ou « Rogers Sugar ») (TSX : RSI) est heureuse d’annoncer la nomination de Rod Kirwan au poste de vice-président, ventes et marketing de Lantic Inc. (« Lantic »). Détenteur d’un B.A. en économie de l’Université Laurentienne et d’un M.B.A. spécialisé en gestion de la chaîne d’approvisionnement de la Michigan State University, M. Kirwan occupait jusqu’à tout récemment le poste de vice-président et directeur général de Ventura Foods Canada, où il était responsable de la performance globale de l’unité d’affaires canadienne et dirigeait à la fois l’équipe commerciale et l’équipe des opérations à l’échelle nationale.Au cours de sa carrière de plus de vingt ans dans l’industrie alimentaire, il s’est bâti une réputation...

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Nexus Real Estate Investment Trust Announces $30 Million Bought Deal Equity Offering

/NOT FOR DISTRIBUTION TO U.S. NEWS SERVICES OR DISSEMINATION IN THE UNITED STATES/TORONTO and MONTREAL, Feb. 10, 2021 (GLOBE NEWSWIRE) — Nexus Real Estate Investment Trust (TSX:NXR.UN) (“Nexus” or the “REIT”) announced today that it has entered into an agreement to sell to a syndicate of underwriters led by BMO Capital Markets and Desjardins Capital Markets (collectively, the “Underwriters”), on a bought deal basis, 3,700,000 units of the REIT (the “Units”) at a price of $8.20 per Unit (the “Offering Price”) for gross proceeds of approximately $30 million (the “Offering”). The REIT has also granted the Underwriters an over-allotment option to purchase up to an additional 555,000 Units on the same terms and conditions, exercisable at any time, in whole or in part, up to 30 days after the closing of the Offering, which, if exercised...

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ATN Sets Date to Report Fourth Quarter and Full Year 2020 Results

BEVERLY, Mass., Feb. 10, 2021 (GLOBE NEWSWIRE) — ATN International, Inc. (Nasdaq: ATNI) announced today that it will report the fourth quarter and full year 2020 results on Tuesday, February 23, 2021, at approximately 5:00 p.m. (ET).In addition, the Company will host a conference call to discuss its results at 9:30 a.m. (ET) on Wednesday, February 24, 2021.  Dial-in and online information for the conference call is as follows:A replay of the conference call will be available at ir.atni.com beginning at approximately 1:00 p.m. (ET) on Wednesday, February 24, 2021.About ATNATN International, Inc. (Nasdaq: ATNI), headquartered in Beverly, Massachusetts, invests in and operates communications, energy and technology businesses in the United States and internationally, including the Caribbean region, with a particular focus on markets...

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Merit Medical to Present at 2021 SVB Leerink Global Healthcare Conference

SOUTH JORDAN, Utah, Feb. 10, 2021 (GLOBE NEWSWIRE) — Merit Medical Systems, Inc. (NASDAQ: MMSI), a leading manufacturer and marketer of proprietary disposable medical devices used in interventional, diagnostic and therapeutic procedures, particularly in cardiology, radiology, oncology, critical care and endoscopy, announced today that it will participate in an upcoming investor conference.On Thursday, February 25, at 2:20 p.m. ET, Fred P. Lampropoulos, President and Chief Executive Officer of Merit, and Raul Parra, Merit’s Chief Financial Officer, will present at the 2021 SVB Leerink Global Healthcare Conference, which is being held virtually. They will also host virtual one-on-one meetings throughout the day.ABOUT MERITFounded in 1987, Merit Medical Systems, Inc. is a leading manufacturer and marketer of proprietary disposable...

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Ørsted successfully issues dual-tranche green hybrid capital securities

Ørsted A/S has today priced subordinated green hybrid capital securities of EUR 500 million with final maturity on 18 February 3021 and first interest reset date in 2031 (NC10) and GBP 425 million with final maturity on 18 February 3021 and first interest reset date in 2033 (NC12). Both issues have settlement date on 18 February 2021.The purpose of the new issues is to increase Ørsted’s total amount of outstanding hybrid capital and refinance part of the existing EUR 700 million 6.25% hybrid capital securities issued in 2013, which is callable at par on 26 June 2023.Key details of the new EUR 500 million subordinated green hybrid capital security:Nominal amount: EUR 500 millionMaturity date: 18 February 3021Issuer call option: at par from 18 August 2030 to and including 18 February 2031 and on any coupon payment day thereafterIssue credit...

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Ørsted har prissat grønne EUR og GBP hybrid-obligationer

Ørsted A/S har i dag prissat subordinerede grønne hybrid-obligationer for EUR 500 millioner med udløb 18. februar 3021 og første rentejustering i 2031 (NC10) og GBP 425 millioner med udløb 18. februar 3021 og med første rentejustering i 2033 (NC12). Begge udstedelser har afregningsdato 18. februar 2021.Formålet med transaktionerne er at øge Ørsteds udestående beløb af hybrid-obligationer og at delvist refinansiere den eksisterende EUR 700 millioner 6.25% hybrid-obligation udstedt i 2013, som kan indfries til kurs pari første gang den 26. juni 2023.Sammendrag af den nye subordinerede grønne hybrid-obligation på EUR 500 millioner:Nominelt beløb: EUR 500 millionerUdløbsdato: 18. februar 3021Indfrielsesoption: ved kurs pari fra 18. august 2030 til og med 18. februar 2031 og ved alle efterfølgende kuponbetalingsdageKreditspænd: 161,0bpFast...

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