Day: May 7, 2021

Avicanna Announces Resignation of Board Member

Avicanna Announces Resignation of Board Member

/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF UNITED STATES SECURITIES LAWS/ TORONTO, May 07, 2021 (GLOBE NEWSWIRE) — Avicanna Inc. (“Avicanna” or the “Company“) (TSX: AVCN) (OTCQX: AVCNF) (FSE: 0NN), a biopharmaceutical company focused on the development, manufacturing and commercialization of plant-derived cannabinoid-based products announces that Janet Giesselman has resigned from her role as an independent director of the Company to pursue other opportunities. The Company thanks Ms. Giesselman for her service and her contributions and wishes her all the best in her future endeavours. The board of directors of the Company is actively engaged in the search for a suitable candidate to fill the vacancy. About...

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TC Energy announces 2021 annual meeting Board of Directors election results

TC Energy announces 2021 annual meeting Board of Directors election results

CALGARY, Alberta, May 07, 2021 (GLOBE NEWSWIRE) — News Release – TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the Company) today announced that at its 2021 annual meeting of shareholders held earlier today, each of the following 13 nominees were elected as directors of TC Energy on a vote by ballot to serve until the next annual meeting of shareholders of TC Energy, or until their successors are elected or earlier appointed: Nominee # Votes For % Votes For # VotesWithheld % VotesWithheld Stéphan Crétier 656,284,647 99.56 2,918,661 0.44 Michael R. Culbert 657,941,215 99.81 1,262,093 0.19 Susan C. Jones 657,752,726 99.78 1,450,582 0.22 Randy Limbacher 657,653,683 99.76 1,549,626 0.24 John E. Lowe 639,280,144 96.98 19,923,164 3.02 David MacNaughton 656,227,734 99.55 2,975,574 0.45 François L. Poirier 658,277,481 99.86 925,827 0.14 Una...

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Pegasus Resources Issues Shares for Debt

Pegasus Resources Issues Shares for Debt

VANCOUVER, British Columbia, May 07, 2021 (GLOBE NEWSWIRE) — Pegasus Resources Inc. (TSX-V: PEGA; Frankfurt – OQS2, OTC/Pink Sheet symbol SLTFF) (the “Company” or “Pegasus”) announces that the Company has settled an outstanding indebtedness with a creditor (the “Shares for Debt Settlement”) through the issuance of common shares of the Company, which was approved by the TSX Venture Exchange. Pursuant to the Shares for Debt Settlement, the Company has issued a total of 400,000 common shares of Pegasus at a deemed price of $0.05 per share in satisfaction of an outstanding amount of $20,000. The common shares issued pursuant to the Shares for Debt Settlement will be subject to a four month hold from the applicable date of issuance. About Pegasus Resources Inc.Pegasus Resources Inc. is a diversified Junior Canadian Mineral Exploration...

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LGI Homes Acquires Real Estate Assets of Minnesota Homebuilder

LGI Homes Acquires Real Estate Assets of Minnesota Homebuilder

THE WOODLANDS, Texas, May 07, 2021 (GLOBE NEWSWIRE) — LGI Homes, Inc. (NASDAQ: LGIH) today announced it has acquired the real estate assets of Minneapolis, Minnesota-based KenRoe, Inc., a privately held homebuilder and land development company, for approximately $27 million at closing, subject to post-closing adjustments. KenRoe is recognized for building quality homes targeted at entry-level buyers. The acquired assets include approximately 85 homes under construction, 130 finished lots, and 390 lots either raw or under development. Additionally, LGI is acquiring control of approximately 2,500 raw, undeveloped lots that will be available for future sales as the Company continues to expand its operations throughout the Minneapolis market. Eric Lipar, Chairman and Chief Executive Officer of LGI Homes said, “We are pleased...

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Nexity: INFORMATION RELATING TO THE NEXITY COMBINED GENERAL MEETING

Nexity: INFORMATION RELATING TO THE NEXITY COMBINED GENERAL MEETING

INFORMATION RELATING TO THE NEXITY COMBINED GENERAL MEETING Paris, Friday May 7, 2021 On the occasion of the Combined General Meeting to be held on Wednesday, May 19, 2021, the Board of Directors of Nexity proposes the appointment of Crédit Mutuel Arkéa as a director to replace Mr. Jean-Pierre Denis (resolution n°9). If this resolution is adopted, Crédit Mutuel Arkéa has indicated that it will propose nominate Mr Bertrand Blanpain as its permanent representative on the Nexity Board of Directors, subject to confirmation by the Board of Directors of Crédit Mutuel Arkéa. Mr Bertrand Blanpain is Managing Director of Credit Mutuel Arkéa in charge of the Enterprise and Institutional division. AT NEXITY, WE AIM TO SERVE ALL OUR CLIENTS AS THEIR REAL ESTATE NEEDS EVOLVEWith more than 11,000 employees and €4.9 billion in revenue in 2020, Nexity...

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PHX Energy Announces Annual Meeting Voting Results for Election of Directors

PHX Energy Announces Annual Meeting Voting Results for Election of Directors

CALGARY, Alberta, May 07, 2021 (GLOBE NEWSWIRE) — PHX Energy Services Corp. (“PHX Energy“) is pleased to announce the voting results for the election of directors at its annual meeting of shareholders held on May 7, 2021 (the “Meeting“). The following seven nominees were elected as directors of PHX Energy to serve until the next annual meeting of shareholders or until their successors are elected or appointed, with shares represented at the Meeting voting in favour of individual nominees as follows:   FOR WITHHELD Randolph M. Charron 99.67% 0.33% Karen David Green 99.82% 0.18% Terry D. Freeman 99.94% 0.06% Lawrence M. Hibbard 99.70% 0.30% John M. Hooks 99.92% 0.08% Myron A. Tétreault 99.76% 0.24% Roger D. Thomas 99.76% 0.24% About PHX Energy Services Corp. The Corporation, through its...

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HV Bancorp, Inc. Reports 66 Cents per Share for the Quarter Ended March 31, 2021

HV Bancorp, Inc. Reports 66 Cents per Share for the Quarter Ended March 31, 2021

DOYLESTOWN, Pa., May 07, 2021 (GLOBE NEWSWIRE) — HV Bancorp, Inc. (the “Company”) (Nasdaq Capital Market: HVBC), the holding company of Huntingdon Valley Bank (the “Bank”), reported results for the Company for the quarter ended March 31, 2021.  At quarter end March 31, 2021, the Company held total assets of $595.7 million (67.5% over first quarter 2020), total deposits of $477.2 million (71.5% increase over first quarter 2020) and total equity of $39.9 million (18.0% increase over first quarter 2020).  Highlights in the first quarter of 2021 include net earnings of $1.3 million, or $0.66 per basic share and $0.65 per diluted share, vs. net earnings of $149,000, or $0.07 per basic and diluted share in 2020.  For the quarter end March 31, 2021, ROA and ROE was 0.78% and 13.79%, respectively.  Shareholders’ equity increased 18.0%...

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Penn Virginia Defers Senior Unsecured Notes Offering

Penn Virginia Defers Senior Unsecured Notes Offering

HOUSTON, May 07, 2021 (GLOBE NEWSWIRE) — Penn Virginia Corporation (“Penn Virginia”) (NASDAQ: PVAC) today announced the deferral of its senior unsecured notes offering.   Darrin Henke, President and Chief Executive Officer of Penn Virginia, commented, “We received indications from potential bond investors that the proposed new financing didn’t materially differentiate from our financing in place currently. Given the strength of our balance sheet and the near-term opportunities to grow both organically and/or through consolidation, we believe it is in the best interests of our investors to defer accessing the bond market until we have a more attractive offering of scale. In the meantime, we remain committed to our focus on cash on cash returns, capital discipline, and potentially accretive consolidation opportunities.” About Penn...

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Small Pharma Engages Market-Maker

Small Pharma Engages Market-Maker

LONDON, May 07, 2021 (GLOBE NEWSWIRE) — Small Pharma Inc. (TSXV: DMT) (the “Company” or “Small Pharma”) is pleased to announce that it has retained the services of Generation IACP Inc. (“GIACP”) to provide market-making services to the Company. GIACP has agreed to comply with all applicable securities laws and the policies of the TSX Venture Exchange (the “TSXV”) in providing such services to the Company. GIACP will receive a monthly fee of CDN$7,500 plus applicable taxes. The agreement between the Company and GIACP dated May 7, 2021 (the “Agreement”) is for an initial term of six (6) months and shall be automatically renewed for subsequent six (6) month periods (collectively, the “Term”) unless the Company provides written notice of termination to GIACP at least 30 days prior to the end of the Term or GIACP provides a written...

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Grupo Aeroportuario del Pacifico Announces Issuance of Bond Certificates in Mexico For Ps. 4.5 Billion

Grupo Aeroportuario del Pacifico Announces Issuance of Bond Certificates in Mexico For Ps. 4.5 Billion

GUADALAJARA, Mexico, May 07, 2021 (GLOBE NEWSWIRE) — Grupo Aeroportuario del Pacífico, S.A.B. de C.V., (NYSE: PAC; BMV: GAP) (the “Company” or “GAP”) announced today that it successfully completed the issuance of 45 million long-term bond certificates in Mexico (Certificados Bursátiles) at a nominal value of Ps. 100 each (One hundred pesos 00/100), for a total value of Ps. 4.5 billion, issued jointly. The amount of the issuance was up to Ps. 3.0 billion with a greenshoe option of up to 50%, which was reached at the closing of the issuance. The bond certificates were issued in accordance with the following terms: 25 million 4-year bond certificates were issued under the ticker symbol “GAP21”, at a nominal value of Ps. 100 (One hundred pesos 00/100) each, for a total value of Ps.2.5 billion (Two point five billion pesos 00/100)....

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