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Day: April 9, 2021

Glen Burnie Bancorp Declares 1Q 2021 Dividend

GLEN BURNIE, Md., April 09, 2021 (GLOBE NEWSWIRE) — Glen Burnie Bancorp (NASDAQ: GLBZ), parent company of The Bank of Glen Burnie®, announced that its Board of Directors declared a regular dividend of ten cents ($0.10) per share of common stock at their meeting on April 8, 2021. This action marks the company’s 115th consecutive dividend. The regular dividend is payable on April 30, 2021 to shareholders of record at the close of business on April 19, 2021. Glen Burnie Bancorp, parent company to The Bank of Glen Burnie, currently maintains consolidated assets totaling $436.7 million at March 31, 2021. Founded in 1949, The Bank of Glen Burnie is a community bank with eight branch offices serving Anne Arundel County, MD (www.thebankofglenburnie.com). Certain information contained in this news release, which does not relate to historical...

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Vascular Biogenics Ltd. Prices Public Offering of Ordinary Shares and Pre-Funded Warrants

TEL AVIV, Israel, April 09, 2021 (GLOBE NEWSWIRE) — Vascular Biogenics Ltd. (“VBL Therapeutics” or the “Company”) (NASDAQ: VBLT), today announced the pricing of an underwritten public offering of 5,150,265 ordinary shares and, to certain investors in lieu thereof, pre-funded warrants to purchase 8,050,000 ordinary shares in an underwritten public offering, at a price to the public of $1.90 per ordinary share and $1.89 per pre-funded warrant. In addition, VBL Therapeutics has granted the underwriters a 30-day option to purchase additional ordinary shares up to 15% of the aggregate number of ordinary shares plus the ordinary shares underlying pre-funded warrants that are sold in the offering, at the public offering price less the underwriting discounts and commissions. The offering is expected to close on April 13, 2021, subject to...

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General Finance Corporation Declares Dividend of $2.225 Per Share on its 9.00% Series C Cumulative Redeemable Perpetual Preferred Stock

PASADENA, Calif., April 09, 2021 (GLOBE NEWSWIRE) — General Finance Corporation (NASDAQ:GFN), a leading specialty rental services company offering portable storage, modular space and liquid containment solutions (the “Company”), announced today that in accordance with the terms of its 9.00% Series C Cumulative Redeemable Perpetual Preferred Stock (NASDAQ:GFNCP) (the “Series C Preferred Stock”), the Board of Directors has declared a cash dividend of $2.225 per share. The dividend is the thirty-second dividend being paid by the Company on its Series C Preferred Stock and is payable with respect to the period commencing on January 31, 2021 and ending on April 29, 2021. This dividend is payable on April 30, 2021 to preferred stockholders of record as of April 29, 2021. About General Finance Corporation Headquartered in Pasadena, California, General...

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Kirkland Lake Gold Reports Solid Production in First Quarter 2021

TORONTO, April 09, 2021 (GLOBE NEWSWIRE) — Kirkland Lake Gold Ltd. (“Kirkland Lake Gold” or the “Company”) (TSX:KL) (NYSE:KL) (ASX:KLA) today announced production results for the first quarter of 2021 (“Q1 2021”) of 302,847 ounces, which exceeded guidance for the quarter of 270,000 – 290,000 ounces. The strong results versus guidance largely resulted from higher than expected production at both Fosterville Mine (“Fosterville”) and Detour Lake Mine (“Detour Lake”) in March, with Fosterville benefiting from significant grade outperformance and Detour Lake achieving higher than planned grades and tonnes processed. Also during Q1 2021, the Macassa #4 Shaft project remained ahead of schedule with shaft sinking reaching the 5,000-foot level as at March 31, 2021 and the project remaining on track for completion in late 2022. All dollar...

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Global Ship Lease Announces Pricing of Secondary Offering of its Class A Common Shares by Certain Shareholders

LONDON, April 09, 2021 (GLOBE NEWSWIRE) — Global Ship Lease, Inc. (NYSE:GSL) (the “Company”) announced today the pricing of the previously announced secondary offering by certain shareholders of the Company (the “Offering”) of shares of Class A common stock, par value $0.01 per share (the “Common Shares”). KEP VI (Newco Marine), Ltd. and KIA VIII (Newco Marine), Ltd., both affiliates of Kelso & Company, a U.S. private equity firm, and Maas Capital Investments B.V. (together, the “Selling Shareholders”) have agreed to sell an aggregate of 4.5 million Common Shares in the Offering at a public offering price of $12.50 per Common Share. The Selling Shareholders have granted the underwriters a 30-day option to purchase up to an additional 675,000 Common Shares. The Company will not receive any proceeds from the sale of Common Shares...

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Chicken Soup for the Soul Entertainment Signs Definitive Agreement to Acquire Sonar Entertainment Assets

Will Add IP Rights to 372 Television Series with 1,825 Episodes and Over 700 Films Will Position Company to Launch Additional AVOD Networks and Accelerate International Television Production and Distribution Strategy Immediately Accretive to Financial Results Management Conference Call to Be Held at 8:30 A.M. ET Today COS COB, Conn., April 09, 2021 (GLOBE NEWSWIRE) — Chicken Soup for the Soul Entertainment, Inc. (Nasdaq: CSSE), one of the largest operators of streaming advertising-supported video-on-demand (AVOD) networks, today announced the signing of a definitive agreement to acquire the film and television assets of Sonar Entertainment, Inc. (Sonar). Acquiring the Sonar assets will accelerate Chicken Soup for the Soul Entertainment’s strategy to build the leading independent AVOD streaming service in four key ways: Expanding...

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Ready-Mix Concrete Market Size to Worth USD 1,227.2 Billion Forecast [2020-2027]; Rapid Urbanization Worldwide to Bolster Growth, Says Fortune Business Insights™

Pune, India, April 09, 2021 (GLOBE NEWSWIRE) — The global ready-mix concrete market size is expected to gain traction from the crucial efforts undertaken by prominent manufacturers to curb the emissions of greenhouse gases (GHG). To do so, they are frequently surging the percentage of additives in ready-mix concrete, such as slag or fly ash for improving energy efficiency and reducing the consumption of ordinary Portland cement. This information is given by Fortune Business Insights™ in a recent report, titled, “Ready-Mix Concrete Market Size, Share & Industry Analysis, By Application (Residential, Commercial, Infrastructure, and Others), and Regional Forecast, 2020-2027.” The report further mentions that this market size was USD 633.4 billion in 2019 and is projected to reach USD 1,227.2 billion by 2027, exhibiting a CAGR...

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PHX Energy Announces Increase to its 2021 Capital Expenditure Program

CALGARY, Alberta, April 09, 2021 (GLOBE NEWSWIRE) — PHX Energy Services Corp. (“PHX Energy” or the “Corporation“) (TSX: PHX) announces that its Board of Directors (the “Board”) has approved a $10 million increase to the Corporation’s 2021 capital expenditure program (the “2021 Program”) and anticipates allocating $8 million of this increase towards growth capital and $2 million towards maintenance. With this increase the Corporation now anticipates spending $25 million in capital expenditures during the 2021-year. PHX Energy expects to dedicate the additional capital expenditures to the growth of the Velocity Real Time System (“Velocity”) and Atlas high performance drilling motor (“Atlas”) fleets. In the first quarter of 2021, the Corporation has experienced an uptick in activity from the last quarter of...

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UPDATE- Jiayin Group Inc. Reports Fourth Quarter and Fiscal Year 2020(1) Unaudited Financial Results

— Fourth Quarter Total Loan Origination Volume grew YoY6.5% to RMB3,088 million—— Fourth Quarter Net Income grew YoY258.8% to RMB81.1 million– SHANGHAI, China, April 09, 2021 (GLOBE NEWSWIRE) — Jiayin Group Inc. (“Jiayin” or the “Company”) (NASDAQ: JFIN), a leading fintech platform in China, today announced its unaudited financial results for the fourth quarter and fiscal year ended December 31, 2020. Fourth Quarter 2020 Operational and Financial Highlights :Loan origination volume2 was RMB3,088 million (US$473.3 million), representing an increase of 6.5% from the same period of 2019, and a decrease of 7.3% sequentially. Average borrowing amount per borrower was RMB6,532 (US$1,001), representing a decrease of 18.8% from the same period of 2019. Repeat borrowing rate3 was 70.4%, compared with repeat borrowing rate...

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Surface Oncology Presents Promising Preclinical Data for Lead Immunotherapy Product Candidates at the American Association for Cancer Research Annual Meeting

CAMBRIDGE, Mass., April 09, 2021 (GLOBE NEWSWIRE) — Surface Oncology (Nasdaq: SURF), a clinical-stage immuno-oncology company developing next-generation immunotherapies that target the tumor microenvironment, will present preclinical findings supporting the company’s lead product programs, SRF388 (targeting IL-27) and SRF617 (targeting CD39). These data will be presented as part of the American Association for Cancer Research (AACR) 2021 Annual Meeting, which is being held virtually April 10-15 and May 17-21, 2021. “These findings further support the biological rationale that both of our lead product candidates, SRF388 and SRF617, promote increased proinflammatory activity within the tumor microenvironment in the hopes of ultimately providing novel treatment options to patients with cancer,” said Vito Palombella, chief scientific...

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