Day: May 25, 2021

AgEagle Aerial Systems Enters Sales Agreement to Sell Up to $100 Million in Common Stock through Stifel and Raymond James

AgEagle Aerial Systems Enters Sales Agreement to Sell Up to $100 Million in Common Stock through Stifel and Raymond James

WICHITA, Kan., May 25, 2021 (GLOBE NEWSWIRE) — AgEagle™ Aerial Systems Inc. (NYSE American: UAVS) (“AgEagle” or the “Company”), an industry leading drone solutions provider, today announced that it has entered into an at-the-market sales agreement with Stifel and Raymond James, effective May 25, 2021, under which AgEagle may sell its common stock, from time to time, for up to $100 million in aggregate sales proceeds in “at the market” transactions. A shelf registration statement on Form S-3 (File No, 333-252801) relating to the common stock offered in the at-the-market equity offering described above was filed with the U.S. Securities and Exchange Commission (SEC) on February 5, 2021 and declared effective by the SEC on May 6, 2021. The offering is being made only by means of a written prospectus and prospectus supplement that...

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Flow Capital Announces the Buyout of its Investment in Interiormark, LLC., and Q1 2021 Financial Results

Flow Capital Announces the Buyout of its Investment in Interiormark, LLC., and Q1 2021 Financial Results

Recurring Revenues from Royalties and Interest of $ 1,610,000; year-over-year growth of 73.1% TORONTO, May 25, 2021 (GLOBE NEWSWIRE) — Flow Capital Corp. (TSXV: FW) (“Flow Capital”) announces that Interiormark LLC., has agreed to a buyout Flow Capital’s royalty investment for US$1,925,000 in cash proceeds. Including the monthly royalty payments received by Flow, this represents a cash-on-cash return of approximately 2.67 times the amount invested over 6 years. “Our relationship with Flow Capital and their team has always been more than just a financial one. They are a trusted and valuable business partner and resource with impeccable character,” said Bruce Tucker, Vice President of Interiormark LLC. The Company also announces its unaudited financial and operating results for the quarter ended March 31, 2021 (“Q1 2021”)....

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DTE Energy Announces Pricing of DT Midstream’s Senior Notes

DTE Energy Announces Pricing of DT Midstream’s Senior Notes

Detroit, May 25, 2021 (GLOBE NEWSWIRE) — DETROIT — May 25, 2021 — DTE Energy Company (“DTE Energy”) (NYSE: DTE) today announced that DT Midstream, Inc. (“DT Midstream”), the new independent, publicly traded company that is expected to be formed through the planned spin-off of DTE Energy’s non-utility natural gas pipeline, storage and gathering business, has priced the previously announced offering (the “Offering”) of $1.1 billion of 4.125% Senior Notes due 2029 (the “2029 Notes”) and $1 billion of 4.375% Senior Notes due 2031 (the “2031 Notes” and, together with the 2029 Notes, the “Notes”).  The Notes will be issued by DT Midstream and guaranteed by certain of DT Midstream’s subsidiaries. DT Midstream intends to use the net proceeds from the sale of the Notes for the repayment of intercompany obligations due to DTE Energy and...

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WestBond Sets Quarterly Dividend Record and Payment Dates

WestBond Sets Quarterly Dividend Record and Payment Dates

DELTA, British Columbia, May 25, 2021 (GLOBE NEWSWIRE) — WestBond Enterprises Corporation (TSX-V: WBE) is pleased to announce that the quarterly dividend of $0.02 per share will be paid on June 21, 2021 to shareholders of record on June 7, 2021. The dividends are eligible dividends for the purposes of the Income Tax Act (Canada). Other information is available on the company’s website at www.westbond.ca and on SEDAR at www.sedar.com For further information please contact: Gennaro Magistrale Chief Executive Officer, President and DirectorWestBond Enterprises Corporation101 – 7403 Progress Way, Delta, B.C. V4G 1E7 Tel: (604) 940-3939 Cautionary Note Regarding Forward Looking Statements: This release includes certain statements and information that constitute forward-looking information within the meaning of applicable Canadian securities...

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The Flowr Corporation Announces its BC Black Cherry wins the Highlife Cannabis Cup

The Flowr Corporation Announces its BC Black Cherry wins the Highlife Cannabis Cup

TORONTO, May 25, 2021 (GLOBE NEWSWIRE) — The Flowr Corporation (TSX.V: FLWR; OTC: FLWPF) (“Flowr” or the “Company”) is pleased to announced that its latest strain, BC Black Cherry, won the top award at the Highlife Cannabis Cup. The Highlife Cannabis Cup, which was organized by Sessions Enterprises, host and creators of ‘The Highlife’, is the first of its kind in Canada and featured three micro-cultivators and three licensed producers. “We are really honoured to have been asked to participate and even more proud to have taken the top spot at the Highlife Cannabis Cup. This win against micro-growers and other premium producers illustrates our ability to grow high end cannabis,” commented Darryl Brooker, Chief Executive Officer of the Company. “Being able to garner accolades from top budtenders and cannabis connoisseurs is very important...

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Osmotica Pharmaceuticals plc to Present at Jefferies Virtual Healthcare Conference 2021

Osmotica Pharmaceuticals plc to Present at Jefferies Virtual Healthcare Conference 2021

BRIDGEWATER, N.J., May 25, 2021 (GLOBE NEWSWIRE) — Osmotica Pharmaceuticals plc (Nasdaq: OSMT) (“Osmotica” or the “Company”), a fully integrated biopharmaceutical company, announced today that Brian Markison, Chief Executive Officer, James “JD” Schaub, Chief Operating Officer, and Andrew Einhorn, Chief Financial Officer, will present at the Jefferies Virtual Healthcare Conference 2021 as follows: Date: Tuesday, June 1, 2021 Time: 2:30 p.m. Eastern Time Webcast: https://wsw.com/webcast/jeff174/osmt/1881765 The presentation will be webcast live at the aforementioned time, and archived for 30 days thereafter, via the Company’s website at www.osmotica.com under the “Investor & News” section. About Osmotica Pharmaceuticals plc Osmotica Pharmaceuticals plc (Nasdaq: OSMT) is a fully integrated biopharmaceutical company focused...

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Knight to Present at the Jefferies 2021 Virtual Healthcare Conference

Knight to Present at the Jefferies 2021 Virtual Healthcare Conference

MONTREAL, May 25, 2021 (GLOBE NEWSWIRE) — Knight Therapeutics Inc. (TSX: GUD) (“Knight”) a pan-America (ex-USA) specialty pharmaceutical company, announced today that Samira Sakhia, President and Chief Operating Officer, is scheduled to present at the Jefferies 2021 Virtual Healthcare Conference on Wednesday, June 2, 2021 at 10:30 AM ET. A live webcast of the event will be available at the following link: Event. A copy of the presentation will be available at www.gud-knight.com. About Knight Therapeutics Inc. Knight Therapeutics Inc., headquartered in Montreal, Canada, is a specialty pharmaceutical company focused on acquiring or in-licensing and commercializing innovative pharmaceutical products for Canada and Latin America. Knight owns Biotoscana Investments S.A., a pan-Latin American specialty pharmaceutical company....

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Larimar Therapeutics Reports FDA Clinical Hold on CTI-1601 and Termination of Recently Announced Private Placement Financing

Larimar Therapeutics Reports FDA Clinical Hold on CTI-1601 and Termination of Recently Announced Private Placement Financing

BALA CYNWYD, Pa., May 25, 2021 (GLOBE NEWSWIRE) — Larimar Therapeutics, Inc. (“Larimar”) (Nasdaq: LRMR), a clinical-stage biotechnology company focused on developing treatments for Friedreich’s ataxia (FA) and other complex rare diseases, today announced that the United States Food and Drug Administration (FDA) has placed a clinical hold on the CTI-1601 clinical program and that the company will not be closing a previously announced private placement financing. CTI-1601 is a recombinant fusion protein intended to deliver human frataxin into the mitochondria of patients with FA who are unable to produce enough of this essential protein. The clinical hold follows the previous notification by Larimar to the FDA of mortalities which occurred at the highest dose levels in an ongoing 180-day non-human primate (NHP) toxicology study,...

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The Keg Royalties Income Fund Announces Trustee Election Results for its 2021 Unitholder Meeting

The Keg Royalties Income Fund Announces Trustee Election Results for its 2021 Unitholder Meeting

VANCOUVER, British Columbia, May 25, 2021 (GLOBE NEWSWIRE) — The Keg Royalties Income Fund (the “Fund”) (TSX: KEG.UN) is pleased to announce that all of the nominees listed in its information circular dated April 16, 2021 were elected as trustees of the Trust at its annual meeting of unitholders held on May 25, 2021 (the “Meeting”). The results of the voting for each nominee are as follows: Nominee Votes For Votes Withheld No. % No. % Christopher Charles Woodward 7,954,550 95.09% 410,772 4.91% Tim Kerr 8,025,063 95.93% 340,258 4.07% In addition, the Fund reports that the appointment of KPMG LLP as the Fund’s auditors for the 2021 fiscal year was passed by a majority of the votes represented at the Meeting. About The Keg Royalties Income Fund The Fund is a limited purpose, open-ended trust established under the...

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Horizon Bank to Acquire 14 TCF National Bank Branches in Michigan with $976 Million in Deposits and $278 Million in Loans

Horizon Bank to Acquire 14 TCF National Bank Branches in Michigan with $976 Million in Deposits and $278 Million in Loans

Extends Horizon’s Midwest retail franchise in 11 Michigan counties MICHIGAN CITY, Ind., May 25, 2021 (GLOBE NEWSWIRE) — Horizon Bank, a wholly owned subsidiary of Horizon Bancorp, Inc. (NASDAQ GS: HBNC) (“Horizon”), has entered into a definitive purchase and assumption agreement to acquire 14 TCF National Bank (“TCF”) branches in 11 Michigan counties with approximately $976 million in deposits and $278 million in associated loans, which are being divested by TCF Financial Corporation in connection with its merger with Huntington Bancshares Incorporated. “We are excited to welcome Horizon Bank’s newest employees and customers and introduce them to our record of exceptional service to consumers, small businesses, non-profits and municipalities across Michigan and Indiana,” Chairman and CEO Craig M. Dwight said. “This financially...

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