Day: April 8, 2021
SHOUGUANG, China, April 08, 2021 (GLOBE NEWSWIRE) — Gulf Resources, Inc. (Nasdaq: GURE) (“Gulf Resources”, “we,” or the “Company”), a leading manufacturer of bromine, crude salt and specialty chemical products in China, today announced financial results for the fourth quarter and full fiscal year 2020 ended December 31, 2020.
Highlights:First profitable quarter in three years
Positive cash flow from operations
Strong balance sheet. Large cash reserves
Rising price of bromine and expected completion of the new Yuxin Chemical Factory in 2021 supports increasingly optimistic view of the future.Fourth Quarter 2020 Financial Results
Despite the facts that our new chemical factory is still under construction, our trial production at our natural gas well in Sichuan has to be temporarily halted, only 4 of our...
Innospec Schedules First Quarter 2021 Earnings Release and Conference Call
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ENGLEWOOD, Colo., April 08, 2021 (GLOBE NEWSWIRE) — Innospec Inc. (NASDAQ: IOSP) today announced that it will release first quarter 2021 earnings results on Tuesday, May 4, 2021, after market close. Following the release of its results, Patrick S. Williams, President and Chief Executive Officer, and Ian Cleminson, Executive Vice President and Chief Financial Officer, will host an interactive conference call on Wednesday, May 5, 2021, at 9.00a.m. ET.
The public is invited to listen to the conference call by dialing +1 877-870-9135 and +44 (0) 2071 928338 (International), 5-10 minutes prior to the start of the call. The access code is 1043957. An audio webcast of the conference call will run simultaneously on the company’s website at www.innospec.com. The relevant link as well as the slide presentation for the conference call will...
HealthEquity to Acquire Further
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DRAPER, Utah, April 08, 2021 (GLOBE NEWSWIRE) — HealthEquity, Inc. (NASDAQ: HQY) (“HealthEquity”), the nation’s largest independent health savings account (“HSA”) custodian, today announced that it had entered into a definitive agreement to acquire Further, a leading provider of HSA and consumer directed benefit administration services, and the nation’s ninth largest HSA custodian overall.
The acquisition of Further and its technology expands HealthEquity’s leadership in the growing HSA market, enhances its ability to drive growth with health plans and other go-to-market partners, and adds to its Total Solution offering of remarkable products backed by trademark Purple service, education and engagement to help working families connect health and wealth.
Expanded HSA Leadership
With Further’s approximately...
Range Energy Closes Debt Settlement
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VANCOUVER, British Columbia, April 08, 2021 (GLOBE NEWSWIRE) — Range Energy Resources Inc. (the “Company” or “Range Energy”) (CSE: RGO.X) (FWB: YGK) announces that further to the news releases dated March 10, 2021 and March 26, 2021, it has closed the previously announced debt settlement and it has issued an aggregate of 1,408,560 common shares (“Shares”) to creditors at a deemed price of $0.65 per Share and an aggregate of 12,569,823 Shares at a deemed price of $1.95 per Share to settle $25,426,718.85 in debt (the “Debt Settlement”).
$24,601,116.40 of the debt was owed to an insider of the Company (the “Insider Debt”). The Insider Debt was owed to 2706791 Ontario Inc. (“Holdco”), a company controlled by Mr. Allan Bezanson, a director and CEO of Range Energy. Before closing the Debt Settlement, Holdco owned approximately 71% of...
Natus to Participate in the 20th Annual Needham Virtual Healthcare Conference
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PLEASANTON, Calif., April 08, 2021 (GLOBE NEWSWIRE) — Natus Medical Incorporated (NASDAQ: NTUS) (the “Company” or “Natus”), a leading provider of medical device solutions focused on the diagnosis and treatment of central nervous and sensory system disorders for patients of all ages, today announced that Jonathan Kennedy, President and Chief Executive Officer and Drew Davies, Executive Vice President and Chief Financial Officer will be presenting from 3:00 p.m. to 3:40 p.m. Eastern Time and hosting one-on-one meetings during the day with institutional investors at the 20th Annual Needham Virtual Healthcare Conference on Thursday, April 15th.
Investors interested in scheduling a meeting should contact a Needham representative. The presentation will be webcast live and archived for 90 days on Natus’ Investor Relations website at https://investor.natus.com/.
About...
Tyson Foods Invests $425 Million in New Tennessee Poultry Complex
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HUMBOLDT, Tenn., April 08, 2021 (GLOBE NEWSWIRE) — Tyson Foods (NYSE: TSN) along with local, state and federal officials met Thursday to officially open the company’s new poultry complex in Humboldt, Tennessee. The $425 million project, which includes a processing plant, feed mill and hatchery, represents Tyson’s biggest investment in Tennessee and the single largest corporate investment ever in Gibson County.
“We’re pleased to add to the growth in Gibson County with the opening of our new 370,000 square foot processing facility,” said Dean Banks, President and CEO, Tyson Foods. “We appreciate the support of all those who played a role in making this facility possible—the local community, county, state and our Humboldt team members, who safely and responsibly produce high-quality protein daily to help feed our nation and the world.”
“Tyson...
Ready Capital National Bridge Team Closes Approximately $655 Million in 11 States in First Quarter of 2021
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NEW YORK, April 08, 2021 (GLOBE NEWSWIRE) — Ready Capital’s National Bridge Originations Team announces the closing of acquisition, refinance, renovation and redevelopment loans for approximately $657 million in 11 states between January 2021 and March 2021.
In January, Ready Capital closed the financing for the acquisition and stabilization of an approximately 3,000 SF, Class A, retail property in the City Hall submarket of New York, NY. The Property was acquired 100% leased to a single-tenant. Ready Capital closed the $8.8MM, non-recourse, interest only, floating rate loan which features a 24-month term, one extension option, flexible prepayment, and is inclusive of a facility to provide future funding for tenant leasing costs and interest shortfalls.
In January, Ready Capital closed the financing for the acquisition, renovation,...
ION awarded exclusive agreement for 3D multi-client programs offshore Kenya
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HOUSTON, April 08, 2021 (GLOBE NEWSWIRE) — ION Geophysical Corporation (NYSE: IO) today announced that the Company was awarded an exclusive agreement for 3D multi-client programs offshore Kenya. The agreement includes both 3D new acquisition offshore the Lamu Basin and reimaging vintage data offshore Kenya. Offshore Kenya is an attractive area with a proven petroleum system; however, it has remained underexplored, in part due to lack of available 3D data. The final shape and size of new 3D programs will be dictated by client input and underwriting.
“We are pleased Kenya’s Ministry of Energy and Petroleum selected ION to increase the understanding and promote the hydrocarbon potential of these offshore resources to attract future investment,” said Joe Gagliardi, Senior Vice President of ION’s Ventures group. “The program will leverage...
Dominion Water Reserves Acquisition
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NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES.
MONTREAL, April 08, 2021 (GLOBE NEWSWIRE) — Dominion Water Reserves Corp. (“DWR” or the “Company”) (CSE: DWR), is pleased to announce that it has closed the acquisition of a 100% interest in the Source Saint-Siméon water rights located in the Province of Québec, through the acquisition (the “Acquisition”) of all the issued and outstanding shares of Société Alto 2000 Inc. in consideration of the issuance of 3,000,000 common shares (each a “Share”) of the Corporation at a deemed price of $0.105 per Shares.
Germain Turpin, President CEO of the Corporation, said, “I am pleased with the completion of this acquisition which allows us to consolidate our capacity and an increased presence in Quebec.”
All Shares issued pursuant to the Acquisition...
BTB Announces $27.5 Million Bought Deal of Trust Units
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MONTREAL, April 08, 2021 (GLOBE NEWSWIRE) — BTB Real Estate Investment Trust (TSX: BTB.UN) (“BTB” or the “REIT”) announces today that it has reached an agreement with a syndicate of underwriters led by National Bank Financial Inc. (the “Underwriters”) to issue to the public, subject to regulatory approval, on a bought deal basis 6,791,000 trust units (the “Units”) at a price of $4.05 per Unit for gross proceeds of approximately $27.5 million. The REIT has granted the Underwriters an over-allotment option exercisable in whole or in part at any time up to 30 days after closing to purchase up to an additional 1,018,650 Units at the same offering price.
The net proceeds of the Offering will be used to repay amounts outstanding under the acquisition...