Day: May 10, 2021

PAOLI, Pa., May 10, 2021 (GLOBE NEWSWIRE) — Malvern Bancorp, Inc. (NASDAQ: MLVF) (the “Company”), the parent company of Malvern Bank, National Association (the “Bank”), today reported operating results for the second fiscal quarter ended March 31, 2021. Net income amounted to $2.2 million, or $0.30 per fully diluted common share, compared with net income of $1.9 million, or $0.25 per fully diluted common share, for the quarter ended March 31, 2020. The increases in net income and diluted earnings per share from the second quarter of 2020 were primarily due to a decrease in provision for loan losses. Annualized return on average assets (“ROAA”) was 0.73 percent for the quarter ended March 31, 2021, compared to 0.61 percent for the quarter ended March 31, 2020, and annualized return on average equity (“ROAE”) was 6.14 percent for...

Q1 2021 revenue of $70.2 million, down 11% over Q1 2020 Net loss of $6.3 million, or $0.08 per share   Media margin of $24.9 million, up 4% over Q1 2020 and representing 35.4% of revenue   Adjusted EBITDA of $4.7 million, representing 6.7% of revenue   Adjusted net income of $0.4 million, or $0.00 per shareNEW YORK, May 10, 2021 (GLOBE NEWSWIRE) — Fluent, Inc. (NASDAQ: FLNT), a leading data-driven performance marketing company, today reported financial results for the first quarter ended 2021. Ryan Schulke, Fluent’s Chief Executive Officer, commented, “We are motivated and energized as we accelerate the strategic transition of our business through our Traffic Quality Initiative. We see a clear, long-term strategic opportunity to fundamentally deliver a higher quality experience for consumers, enhance Fluent’s brand equity...

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES NEW GLASGOW, Nova Scotia, May 10, 2021 (GLOBE NEWSWIRE) — Crombie Real Estate Investment Trust (“Crombie” or the “REIT”) (TSX: CRR.UN) announced today that it has entered into an agreement to sell, subject to regulatory approval and on a bought-deal basis, $58.5 million of trust units (the “Units”) at a price of $16.60 per Unit to a syndicate of underwriters co-led by Scotiabank and BMO Capital Markets. Closing is expected to occur on or about May 19, 2021, subject to receipt of the Toronto Stock Exchange and other necessary regulatory approvals. In addition, ECL Developments Limited (“ECL”), a wholly-owned subsidiary of Empire Company Limited, will purchase approximately $41.5 million of Class B LP Units of Crombie Limited Partnership and...

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR RELEASE, PUBLICATION, DISTRIBUTION OR DISSEMINATION DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES VANCOUVER, British Columbia, May 10, 2021 (GLOBE NEWSWIRE) — Skeena Resources Limited (TSX: SKE, OTCQX: SKREF) (“Skeena” or the “Company”) is pleased to announce that is has entered into an agreement with a syndicate of underwriters led by Raymond James Ltd. and Canaccord Genuity Corp., under which the underwriters have agreed to buy on a bought deal basis 16,129,033 common shares (the “Common Shares”), at a price of C$3.10 per Common Share for gross proceeds of approximately C$50.0 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,...

2021 Acquisition of regional WorldView spectral data, re-processing of geophysical and geochemical datasets VANCOUVER, British Columbia, May 10, 2021 (GLOBE NEWSWIRE) — ValOre Metals Corp. (“ValOre”; TSX‐V: VO; OTC: KVLQF; Frankfurt: KEQ0, “the Company”) today provided an exploration update for ValOre’s 100%-owned Angilak Property Uranium Project (“Angilak”), located in Nunavut Territory, Canada. “Angilak represents a world-class advanced uranium exploration project with tremendous upside potential,” stated ValOre’s Vice President Exploration, Colin Smith. “Hosting one of the world’s highest-grade uranium resources with favorable metallurgy, and in a vastly-underexplored uranium-rich district, we aim to add tangible value to future exploration programs through the acquisition and interpretation of WorldView spectral data, re-processing...

Lille, France; Cambridge, MA; May 10, 2021 – GENFIT (Nasdaq and Euronext: GNFT), a late-stage biopharmaceutical company dedicated to improving the lives of patients with metabolic and liver diseases (the “Company”), today announced that it published in the May 10, 2021 French legal announcements bulletin n°56 (Bulletin des Annonces Légales Obligatoires) its convening notice that the Combined Shareholders Meeting will be held on June 15, 2021, at 2:30pm, at the Company’s headquarters, located at Parc Eurasanté, 885 avenue Eugène Avinée in Loos (59120), France. Due to the ongoing COVID-19 pandemic and in accordance with emergency measures imposed by the French government, the Board of Directors of the Company has decided that the Combined General Meeting will be conducted behind closed doors at the Company’s headquarters located at...

OAK RIDGE, N.C., May 10, 2021 (GLOBE NEWSWIRE) — Oak Ridge Financial Services, Inc. (“Oak Ridge”; or the “Company”) (OTCPink: BKOR), the parent company of Bank of Oak Ridge (the “Bank”), announced unaudited financial results for the first three months of 2021, and an increase in its quarterly cash dividend to $0.07. First Quarter 2021 HighlightsRecord earnings per share of $0.77 for the three months ended March 31, 2021, up 70 cents from the comparable 2020 period; Record annualized return on average common stockholders’ equity of 18.45% for the three months ended March 31, 2021, compared to 1.68% for the same period in 2020; Tangible book value per common share of $17.24 as of March 31, 2021, up 13.3%, or $2.02, from $15.22 as of March 31, 2020; As of March 31, 2021, forgave and recognized remaining unamortized fees and associated...