Day: March 11, 2021

AMREP Reports Third Quarter Fiscal 2021 Results

PLYMOUTH MEETING, Pa., March 11, 2021 (GLOBE NEWSWIRE) — AMREP Corporation (NYSE:AXR) today reported net income of $2,093,000, or $0.29 per share, for its 2021 fiscal third quarter ended January 31, 2021 compared to net income of $338,000, or $0.04 per share, for the same period of the prior year. For the first nine months of 2021, AMREP had net income of $3,484,000, or $0.44 per share, compared to a net loss of $2,027,000, or $0.25 per share, for the same period of 2020.AMREP Corporation, through its subsidiaries, is a major holder of land and leading developer of real estate in New Mexico.        FINANCIAL HIGHLIGHTSAMREP Corporation’s financial statements on Form 10-Q are expected to be filed with the Securities and Exchange Commission concurrently with this release and will be available on AMREP’s website (www.amrepcorp.com/sec-filings/).Adrienne...

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The Providence Group of Georgia Opens VIP List for New $320 Million Waterside Community in Peachtree Corners, GA

PLANO, Texas and PEACHTREE CORNERS, Ga., March 11, 2021 (GLOBE NEWSWIRE) — Green Brick Partners, Inc. (NASDAQ: GRBK) (the “Company”), a national homebuilding and land development firm, announced today that its subsidiary Team Builder, The Providence Group, will be opening its newest master planned neighborhood called Waterside for presales. The community is a joint venture partnership between Atlanta-based active adult land investment group, East Jones Bridge River Holdings, LLC, and The Providence Group. To join the VIP presale interest list, please visit www.theprovidencegroup.com/waterside.Waterside is located in the epicenter of Peachtree Corners at 4415 East Jones Bridge Road, Peachtree Corners 30092, GA. The community has nearly half a mile of pristine Chattahoochee River frontage, sits adjacent to the 30-acre...

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Vente d’actions par un initié de GDI

NE PAS DISTRIBUER AUX AGENCES DE PRESSE AMÉRICAINES NI DIFFUSER AUX ÉTATS-UNISLASALLE, Québec, 11 mars 2021 (GLOBE NEWSWIRE) — GDI Services aux immeubles inc. (« GDI » ou la « Société ») (TSX : GDI) a annoncé aujourd’hui que Gestion Claude Bigras Inc. (« Gestion Claude Bigras »), société fermée contrôlée par M. Claude Bigras, président, chef de la direction et administrateur de GDI, a conclu une entente avec Financière Banque Nationale inc. et Valeurs mobilières Desjardins inc. (collectivement, les « preneurs fermes ») visant la vente de 250 000 actions à droit de vote subalterne du capital de la Société par voie de placement privé.Gestion Claude Bigras, qui est actuellement propriétaire d’un total de 2 976 089 actions à droit de vote multiple du capital de la Société, représentant environ 13,0 % de toutes les actions émises et...

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AMMO, INC. ANNOUNCES PROPOSED PUBLIC OFFERING OF COMMON STOCK

SCOTTSDALE, Ariz., March 11, 2021 (GLOBE NEWSWIRE) — AMMO, Inc. (Nasdaq: POWW) (“AMMO” or the “Company”), a premier American ammunition and munition components manufacturer and technology leader, today announced that it intends to offer and sell newly issued shares of its common stock in an underwritten public offering. AMMO is expected to grant the underwriters a 30-day option to purchase up to an additional 15% of the number of shares of common stock sold by AMMO in connection with the offering.AMMO intends to use the net proceeds from this offering for general corporate purposes and working capital purposes, including debt reduction and capital expenditures. In addition, AMMO may use a portion of the proceeds for potential acquisitions.Roth Capital Partners and Alexander Capital are acting as joint book-running managers for the...

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Unitil Senior Vice President Laurence M. Brock Announces Intention to Retire in July 2021

HAMPTON, N.H., March 11, 2021 (GLOBE NEWSWIRE) — Unitil Corporation (“Unitil” or the “Company”) (NYSE:UTL) (www.unitil.com) today announced the planned retirement of Laurence M. Brock, Senior Vice President, effective July 1, 2021, capping a remarkable career spanning 40 years in the regulated utility, financial management and public accounting business sectors.“It was my great pleasure to serve Unitil’s customers and shareholders and I will be forever grateful to the fantastic and dedicated Unitil employees with whom I served these past 26 years,” Mr. Brock said. “Unitil is a special company, managed by a strong team of professionals and I am leaving the Company in very good hands.”Mr. Brock joined Unitil in 1995 as Vice President and Controller.  Mr. Brock has served Unitil and its operating subsidiaries as Senior Vice President...

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VAALCO Energy Announces Participation in the Virtual 33rd Annual ROTH Conference

HOUSTON, March 11, 2021 (GLOBE NEWSWIRE) — VAALCO Energy, Inc. (NYSE: EGY; LSE: EGY) (“VAALCO” or the “Company”) today announced that the Company will participate in the Virtual 33rd Annual ROTH Conference that will be held on March 15-17, 2021.Cary Bounds, Chief Executive Officer, and Elizabeth Prochnow, Chief Financial Officer will host virtual one-on-one meetings with investors registered for the conference on Monday, March 15. A pre-recorded virtual presentation done by Mr. Bounds in conjunction with the event will be posted on VAALCO’s website, www.vaalco.com, in the “Investor Relations” section of the site, on the “News and Events” page on Monday, March 15. An updated investor slide deck also prepared in conjunction with the ROTH Conference will be posted in the “Investor Relations” section of VAALCO’s website on that same...

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KemPharm Reports Fourth Quarter and Full-Year 2020 Financial Results

Corporate and Regulatory Highlights:AZSTARYS™ NDA approved by the FDA on March 2, 2021Co-hosted “KP415 Market Opportunity and Commercialization Strategy” Investor Event with Corium, Inc.Received FDA clearance to initiate KP879 clinical program for the treatment of Stimulant Use DisorderFinancial HighlightsCompleted financial restructuring and re-listed on The Nasdaq Capital Market, resulting in no debt and receiving gross proceeds of approximately $94 millionReported Q4 2020 revenue of $2.4 million and FY 2020 revenue of $13.3 millionQ4 2020 net loss of ($1.07) per basic share and diluted share compared to a net loss of ($2.90) per basic share and diluted share for Q4 2019FY 2020 net loss of ($3.21) per basic and diluted share compared to a net loss of ($13.23) per basic and diluted share for the year ended December 31, 2019Total cash,...

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Image Sensing Systems Announces 2020 Fourth Quarter and Full-Year Financial Results

SAINT PAUL, Minn., March 11, 2021 (GLOBE NEWSWIRE) — Image Sensing Systems, Inc. (NASDAQ: ISNS) today announced results for its fourth quarter and year ended December 31, 2020.Fourth Quarter 2020 Financial SummaryFourth quarter royalties were $1.8 million, a decrease of 8 percent from the same period in the prior year.Fourth quarter product sales were $1.1 million, a decrease of 28 percent from the same period in the prior year.Operating expenses totaled $2.3 million in the fourth quarter of 2020, a decrease of 18 percent from the prior year period.  There were no capitalized software costs in the fourth quarter of 2020 compared to $114,000 in the prior year period.Net income for the fourth quarter of 2020 totaled $365,000 compared to a net loss of $90,000 for the same period in the prior year.Cash balance increased to $8.6 million,...

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Portman Ridge Finance Corporation Announces Fourth Quarter and Full Year 2020 Financial Results

NEW YORK, March 11, 2021 (GLOBE NEWSWIRE) — Portman Ridge Finance Corporation (Nasdaq: PTMN) (the “Company” or “Portman Ridge”) announced today its financial results for the fourth quarter and full year ended December 31, 2020.Recent DevelopmentsAs previously announced, the Company successfully closed on the merger of Garrison Capital Inc. (“GARS” or “Garrison”) on October 28, 2020.On December 23, 2020, the Company entered into an Agreement and Plan of Merger (the “HCAP Merger Agreement”) with Harvest Capital Credit Corporation, a publicly traded business development company (“HCAP”).On February 12, 2021, the Board of Directors of the Company approved a cash distribution of $0.06 per share of common stock to shareholders of record as of February 22, 2021. The distribution was paid on March 2, 2021.On February 22, 2021, the Company...

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CorePoint Lodging Reports Fourth Quarter and Full Year 2020 Results

IRVING, Texas, March 11, 2021 (GLOBE NEWSWIRE) — CorePoint Lodging Inc. (NYSE: CPLG) (“CorePoint” or the “Company”), a pure play select-service hotel owner strategically focused on the midscale and upper-midscale segments, today reported operational and financial results for the fourth quarter and full year ended December 31, 2020.Fourth Quarter 2020 and Subsequent HighlightsNet loss of $(42) million, or $(0.74) loss per fully diluted shareComparable RevPAR of $32.03, a decrease of 43.2% from the same period in 2019 with 339 basis points of RevPAR Index market share gainAdjusted EBITDAre of $(5) millionAdjusted FFO attributable to common stockholders of $(14) million, or $(0.25) per fully diluted shareAll of the Company’s hotels are currently open and operationalSold 11 non-core hotels for a combined gross sales price of approximately...

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