Farmers & Merchants Bancorp, Inc. Announces Agreement to Acquire Perpetual Federal Savings Bank of Urbana, Ohio

Written by Customer Service on May 4, 2021. Posted in Mergers And Acquisitions.

ARCHBOLD, Ohio, May 04, 2021 (GLOBE NEWSWIRE) — Farmers & Merchants Bancorp, Inc. (“F&M”, “FMAO”, or the “Company”) (Nasdaq: FMAO), the holding company for Farmers & Merchants State Bank, announced today that they have signed an agreement and plan of reorganization and merger (the “Agreement”) whereby F&M will acquire Perpetual Federal Savings Bank (“PFSB”), in a stock and cash transaction. PFSB operates one full-service office in Urbana, Ohio. At March 31, 2021, PFSB reported $391 million in total assets, $326 million in loans, $305 million in deposits and $79 million in tangible equity. Subject to the terms of the merger agreement, which has been approved by the Board of Directors of each company, PFSB shareholders will elect to receive either 1.7766 shares of FMAO stock or $41.20 per share in cash for each...

La-Z-Boy Declares Quarterly Dividend

Written by Customer Service on May 4, 2021. Posted in Dividend Reports And Estimates.

MONROE, Mich., May 04, 2021 (GLOBE NEWSWIRE) — Directors of La-Z-Boy Incorporated (NYSE: LZB) declared a quarterly cash dividend on the company’s common stock of $0.15 per share. The dividend is payable June 15, 2021, to shareholders of record as of June 1, 2021. Additional Information This news release is just one part of La-Z-Boy’s financial disclosures and should be read in conjunction with other information filed with the Securities and Exchange Commission, which is available at: https://lazboy.gcs-web.com/financial-information/sec-filings. Investors and others wishing to be notified of future La-Z-Boy news releases, SEC filings and quarterly investor conference calls may sign up at: https://lazboy.gcs-web.com/. Background Information La-Z-Boy Incorporated is one of the world’s leading residential furniture producers, marketing...

Uranium Royalty Corp. Announces C$37 Million Financing Package Comprised of C$25 Million Bought Deal and C$12 Million Margin Loan

Written by Customer Service on May 4, 2021. Posted in Public Companies.

Not for distribution to U.S. news wire services or dissemination in the United States. VANCOUVER, British Columbia, May 04, 2021 (GLOBE NEWSWIRE) — Uranium Royalty Corp (TSX-V: URC, NASDAQ: UROY, ”URC” or the “Company”) is pleased to announce that it has entered into an agreement with a syndicate of underwriters, led by BMO Capital Markets, under which the underwriters have agreed to purchase, on a bought deal basis, 6,100,000 common shares (the “Common Shares”), at a price of C$4.10 per Common Share, for gross proceeds of approximately C$25 million (the “Offering”). The Company has granted the Underwriters an option, exercisable at the offering price for a period of 30 days following the closing of the Offering, to purchase up to an additional 15% of the Offering to cover over-allotments, if any. The offering is expected to close...

Colabor Group Releases Results of Shareholder Votes

Written by Customer Service on May 4, 2021. Posted in Public Companies.

BOUCHERVILLE, Quebec, May 04, 2021 (GLOBE NEWSWIRE) — Colabor Group Inc. (TSX: GCL) (“Colabor” or the “Corporation”) held its Annual Meeting of shareholders (the “Meeting”) on May 4, 2021. A total of 77,745,115 common shares representing 76.25% of the issued and outstanding shares of the Corporation were represented in person and by proxy at the Meeting. At this Meeting, the following resolutions were approved: Election of Directors The seven candidates nominated as Directors were duly elected to the Board of Directors of Colabor by majority vote, as follows: NAMES IN FAVOR WITHHELD Number % Number % Danièle Bergeron 76,161,724 99.20 % 612,100 0.80 % Robert J. Briscoe 67,536,201 87.97 % 9,237,623 12.03 % J. Michael Horgan 76,201,133 99.25 % 572,691 0.75 % Robert B. Johnston 75,158,020 97.90 % 1,615,804 2.10 % Denis...

Reservoir Capital Corp. Late Filing of Financial Statements and Management Cease Trade Order

Written by Customer Service on May 4, 2021. Posted in Public Companies.

VANCOUVER, British Columbia, May 04, 2021 (GLOBE NEWSWIRE) — Reservoir Capital Corp. (“REO” or the “Company“) announces that it has encountered delays in completing its audited financial statements for the year ended December 31, 2020 because REO, its subsidiary Kainji Power Holding Limited and its primary hydro investments all share a fiscal year ending December 31 and these entities have encountered COVID-19 related delays in preparing their respective financial statements. As a result, the Company has applied for, and has been granted, a Management Cease Trade Order (“MCTO”) by the British Columbia Securities Commission. Because of the delays, the Company will file its annual audited financial statements, management’s discussion and analysis, and CEO and CFO certificates (collectively, the “2020 Annual...

Small Pharma Inc. to Commence Trading on the TSX Venture Exchange on May 6, 2021

Written by Customer Service on May 4, 2021. Posted in Public Companies.

Successful listing on TSXV advances Small Pharma’s bold vision to revolutionize the treatment of patients with mental health conditions through psychedelic-assisted therapies VANCOUVER, British Columbia, May 04, 2021 (GLOBE NEWSWIRE) — Small Pharma Inc. (formerly Unilock Capital Corp.) (TSXV: DMT) (the “Company” or “Small Pharma”) is pleased to announce that the common shares in the capital of the Company (the “Common Shares”) will commence trading on the TSX Venture Exchange (the “TSXV”) under the ticker symbol “DMT” at the opening of the market on May 6, 2021. On April 29, 2021, the Company announced the closing of its Qualifying Transaction (as defined in TSXV Policy 2.4) (the “Transaction”) with Small Pharma Ltd (“SPL”), a neuropharmaceutical company specialised in IP led development of novel treatments for mental health conditions....

TCG BDC, Inc. Announces First Quarter 2021 Financial Results and Declares Second Quarter 2021 Regular Dividend of $0.32 Per Common Share and Supplemental Dividend of $0.04 per Common Share

Written by Customer Service on May 4, 2021. Posted in Public Companies.

NEW YORK, May 04, 2021 (GLOBE NEWSWIRE) — TCG BDC, Inc. (together with its consolidated subsidiaries, “we,” “us,” “our,” “TCG BDC” or the “Company”) (NASDAQ: CGBD) today announced its financial results for its first quarter ended March 31, 2021. Linda Pace, TCG BDC’s Chief Executive Officer said, “Our first quarter financial results were solid, and we are pleased with the strong momentum in our business. Our fundamental credit performance continues to improve alongside the macroeconomic recovery in the U.S., and as we look forward, we are well positioned to deliver attractive and sustainable income to our shareholders.” Selected Financial Highlights (dollar amounts in thousands, except per share data) March 31, 2021 December 31, 2020 Total investments, at fair value $ 1,841,634 $ 1,825,749 Total assets 1,904,087 1,922,613 Total...

Centennial Resource Development Announces First Quarter 2021 Results

Written by Customer Service on May 4, 2021. Posted in Public Companies.

DENVER, May 04, 2021 (GLOBE NEWSWIRE) — Centennial Resource Development, Inc. (“Centennial” or the “Company”) (NASDAQ: CDEV) today announced first quarter 2021 financial and operational results. Recent Financial and Operational Highlights Generated free cash flow for the third consecutive quarter Increased pro forma liquidity by 22% compared to year-end Issued $170 million of 3.25% convertible senior notes due 2028 Redeemed at par $127 million of 8.00% second lien senior secured notes due 2025 Delivered first quarter average well costs below $800 per lateral foot Financial Results For the first quarter, Centennial generated net cash from operating activities of $72.3 million and free cash flow1 of $10.6 million. The Company reported a net loss during the quarter of $34.6 million, or $0.12 per diluted share, compared to a net...

Dolby Laboratories Announces Executive Retirement

Written by Customer Service on May 4, 2021. Posted in Public Companies.

Executive Vice President and Chief Financial Officer, Lewis Chew to retire later this year SAN FRANCISCO, May 04, 2021 (GLOBE NEWSWIRE) — Dolby Laboratories, Inc. (NYSE:DLB) today announced that after more than a 30 year career of financial leadership, Lewis Chew, Executive Vice President and Chief Financial Officer has decided to retire later this year and focus more time on his family. The company is initiating a global search to identify its next Chief Financial Officer. During this period, Lewis will continue in his role to support the transition. “Lewis is a distinguished financial leader who has made significant contributions to Dolby over the past nine years,” said Kevin Yeaman, Dolby Laboratories, President and CEO. “While Lewis won’t be retiring until later this year, I want to thank him now for the impact he has made...

Plains All American Pipeline and Plains GP Holdings Report First-Quarter 2021 Results

Written by Customer Service on May 4, 2021. Posted in Public Companies.

HOUSTON, May 04, 2021 (GLOBE NEWSWIRE) — Plains All American Pipeline, L.P. (Nasdaq: PAA) and Plains GP Holdings (Nasdaq: PAGP) today reported first-quarter 2021 results and provided an update on other matters. Summary Highlights Reported PAA first-quarter 2021 net cash flow from operations of $791 million and net income of $422 million Delivered first-quarter 2021 Adjusted EBITDA of $546 million Increased 2021 forecasted Free Cash Flow after Distributions by $100 million to +/- $400 million, or $1.15 billion when including anticipated proceeds from asset sales targeted in 2021 Lowered total 2021 investment and maintenance capital guidance by $65 million, or 10% Maintained full-year 2021 Adjusted EBITDA guidance of +/- $2.15 billion Remain on track to achieve 2021 asset sales target of +/- $750 million “We delivered first-quarter...

Day: May 4, 2021

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