Day: May 14, 2021

OTTAWA SAVINGS BANK ANNOUNCES FILING OF APPLICATION TO CONVERT TO AN ILLINOIS-CHARTERED COMMERCIAL BANK AND CHANGE NAME TO “OSB COMMUNITY BANK”

OTTAWA SAVINGS BANK ANNOUNCES FILING OF APPLICATION TO CONVERT TO AN ILLINOIS-CHARTERED COMMERCIAL BANK AND CHANGE NAME TO “OSB COMMUNITY BANK”

        OTTAWA, Ill., May 14, 2021 (GLOBE NEWSWIRE) — Ottawa Bancorp, Inc. (the “Company”) (OTCQX: OTTW), the holding company for Ottawa Savings Bank, FSB (the “Bank”), today announced that the Bank has submitted an application to the Illinois Department of Financial and Professional Regulation to convert its charter from a federally-chartered savings bank to an Illinois-chartered commercial bank.         Craig Hepner, President and Chief Executive Officer of Ottawa Bancorp, Inc., commented, “Ottawa Savings Bank has had considerable success as a federally chartered savings bank. Our Board of Directors has determined, however, that converting to an Illinois-chartered commercial bank best positions the Bank to compete in the markets we serve and to further execute our business strategy. The conversion will position us to increase...

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Magnetic North Acquisition Corp. Provides Bi-Weekly Update on Status of Management Cease Trade Order

Magnetic North Acquisition Corp. Provides Bi-Weekly Update on Status of Management Cease Trade Order

CALGARY, Alberta and TORONTO, May 14, 2021 (GLOBE NEWSWIRE) — Magnetic North Acquisition Corp. (TSXV: MNC; MNC.PR.A) (“Magnetic North” or the “Company”) is providing this bi-weekly update on the status of the management cease trade order granted on May 3, 2021 (the “MCTO”) by its principal regulator, the Alberta Securities Commission, under National Policy 12-203 – Management Cease Trade Orders (“NP 12-203”), following the Company’s announcement on April 28, 2021 (the “Default Announcement”) that it was unable to file its audited annual financial statements, ‎management’s discussion and analysis and related certifications for the 15 months ended December ‎‎31, 2020 (the “Documents”) ‎on or before April 30, 2021, as required under applicable securities laws. The Company still expects to file the Documents by May 31, 2021. There...

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High Arctic Announces Annual General Meeting Results

High Arctic Announces Annual General Meeting Results

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF U.S. SECURITIES LAW CALGARY, Alberta, May 14, 2021 (GLOBE NEWSWIRE) — High Arctic Energy Services Inc. (TSX: HWO) (“High Arctic” or the “Corporation”) is pleased to announce the results of the annual general meeting of the shareholders of High Arctic held on May 13, 2021 (the “Meeting”). 24 shareholders holding a total of 27,238,919 common shares of the Corporation were represented at the Meeting in person or proxy, representing approximately 55.80% of the total votes attached to all issued and outstanding common shares of the Corporation as of the record date on April 8, 2021. All matters put forth at the Meeting were approved. In respect of the election of directors,...

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Golden Leaf Announces Date for Release of First Quarter 2021 Financial Results and Provides Corporate Update

Golden Leaf Announces Date for Release of First Quarter 2021 Financial Results and Provides Corporate Update

PORTLAND, Ore., May 14, 2021 (GLOBE NEWSWIRE) — Golden Leaf Holdings Ltd. (CSE:GLH) (OTCQB:GLDFF) (“Golden Leaf” or the “Company”), operating as Chalice Brands, a premier, consumer-driven cannabis company specializing in retail, production, processing, wholesale, and distribution, today announces it will report its first quarter 2021 results before market open on Tuesday, May 25th, 2021. Investor Conference Call Golden Leaf management, led by Mr. John Varghese, Executive Chairman, and Mr. Jeff Yapp, Chief Executive Officer, will hold a conference call on Tuesday, May 25th at 5.00 PM EDT to report its financial results for first quarter 2021. REGISTRATION: Please visit click here to register and stream the conference call, or use the following dial-in information as follows: Program Title: Golden Leaf Holdings – First Quarter 2021...

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ARHT Media Grants Company Stock Options

ARHT Media Grants Company Stock Options

TORONTO, May 14, 2021 (GLOBE NEWSWIRE) — ARHT Media Inc. (“ARHT” or “the Company”) (TSXV:ART), the global leader in the development, production and distribution of high-quality, low latency hologram and digital content, announced today that it has granted a total of 4,707,500 options to all employees, various directors, officers and consultants under the stock option plan of the Company. The options are exercisable at a price of $0.215 per option and shall expire on May 14, 2026. The options shall vest in three equal tranches, with the first tranche vesting on the date of grant, the second tranche vesting on May 14, 2022 and the third tranche vesting on May 14, 2023, all subject to a four month regulatory hold period. Following the grant of the stock options, the Company has a total of 12,455,834 stock options outstanding representing...

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BIGG Digital Assets Inc. Provides Bi-Weekly Status Update

BIGG Digital Assets Inc. Provides Bi-Weekly Status Update

VANCOUVER, British Columbia, May 14, 2021 (GLOBE NEWSWIRE) — BIGG Digital Assets Inc. (“BIGG” or the “Company”) (CSE: BIGG; OTCQX: BBKCF; WKN: A2PS9W), further to its news release of May 3, 2021, the Company expects to file its annual financial statements and related MD&A for the year ended December 31, 2020 (collectively, the “Annual Filings”) on or about May 28, 2021. The filing delay is directly related to the volume of audit testing required given the significant growth experienced by the Company in 2020, are unique to the emerging cryptocurrency industry and are not expected to continue in the future. BIGG confirms that since it announced a delay of its Annual Filings (the “Filings Notice”) there is no material change to the information set out in the Filings Notice that has not been...

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Lordstown Motors to Reschedule First Quarter 2021 Financial Results For May 24, 2021

Lordstown Motors to Reschedule First Quarter 2021 Financial Results For May 24, 2021

LORDSTOWN, Ohio, May 14, 2021 (GLOBE NEWSWIRE) — Lordstown Motors Corp. (Nasdaq: RIDE), (“Lordstown Motors”), a leader in electric light duty trucks focused on the commercial fleet market, today announced that it will reschedule the release of its first quarter 2021 financial results, previously scheduled for May 17, 2021. The company now intends to report first quarter 2021 financial results on Monday, May 24, 2021, after the market closes. The company will then host a conference call at 4:30 p.m. Eastern Time. The call can be accessed via a live webcast accessible on the Events page of Lordstown Motors’ Investor Relations website at https://investor.lordstownmotors.com. An archive of the webcast will be available shortly after the call. About Lordstown Motors Corp.Lordstown Motors is an Ohio-based original equipment manufacturer...

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The New Ireland Fund, Inc. - Tender Offer Update

The New Ireland Fund, Inc. – Tender Offer Update

BOSTON, May 14, 2021 (GLOBE NEWSWIRE) — The New Ireland Fund, Inc. (NYSE: IRL) announced today the preliminary results of its tender offer, which expired at 11:59 p.m. Eastern Time on Thursday, May 13, 2021. The purchase price of properly tendered shares is 98% of the net asset value per share determined as of the close of the regular trading session of the New York Stock Exchange on May 14, 2021, which is equal to $14.78 per share. As of Thursday, May 13, 2021, there were 4,853,202 outstanding shares of the Fund, and the amount of shares to be purchased under the terms of the offer amounts to approximately 1,213,300 shares. The preliminary count by American Stock Transfer & Trust Company LLC, the Fund’s depositary agent, indicated that approximately 3,060,731 shares were validly tendered prior to the expiration of the...

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Apellis Announces U.S. Food and Drug Administration (FDA) Approval of EMPAVELI™ (pegcetacoplan) for Adults with Paroxysmal Nocturnal Hemoglobinuria (PNH)

Apellis Announces U.S. Food and Drug Administration (FDA) Approval of EMPAVELI™ (pegcetacoplan) for Adults with Paroxysmal Nocturnal Hemoglobinuria (PNH)

EMPAVELI, the first targeted C3 therapy, is approved for use in adults with PNH who are: Treatment naïve Switching from C5 inhibitor Soliris® (eculizumab) Switching from C5 inhibitor Ultomiris® (ravulizumab) EMPAVELI was superior to Soliris for the change from baseline in hemoglobin level at Week 16 in the Phase 3 PEGASUS study 85% of patients treated with EMPAVELI were transfusion free compared to 15% on Soliris at Week 16; EMPAVELI met non-inferiority compared to Soliris on transfusion avoidance Apellis to host investor conference call on Monday, May 17 at 8:00 a.m. ET WALTHAM, Mass., May 14, 2021 (GLOBE NEWSWIRE) — Apellis Pharmaceuticals, Inc. (Nasdaq: APLS), a global biopharmaceutical company and leader in targeted C3 therapies, today announced that the U.S. Food and Drug Administration (FDA) has approved EMPAVELI™ (pegcetacoplan),...

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IBI Group Inc. Announces Results of the 2021 Annual and Special Meeting of Shareholders

IBI Group Inc. Announces Results of the 2021 Annual and Special Meeting of Shareholders

TORONTO, May 14, 2021 (GLOBE NEWSWIRE) — IBI Group Inc. (“IBI” or the “Company“) is pleased to announce the detailed voting results for the 2021 Annual and Special Meeting (the “Meeting“) of Shareholders held on May 14, 2021 in Toronto, ON. The following seven nominees were elected as Directors of the Corporation to serve until the next annual meeting of shareholders of the Corporation, or until their successors are elected or appointed. The results of the vote are as follows: Name of Nominee Votes “For” % For Votes “Withheld” % Withheld Scott Stewart 25,400,327 99.89% 29,333 0.11% David Thom 25,415,737 99.95% 13,823 0.05% Michael Nobrega 25,400,177 99.88% 29,383 0.12% John Reid 25,400,127 99.89% 28,483 0.11% Claudia Krywiak 25,401,177 99.89% 28,383 0.11% Paula...

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