Month: May 2021

NEW YORK, May 20, 2021 (GLOBE NEWSWIRE) — Mountain Crest Acquisition Corp. III (NASDAQ: MCAEU, the “Company”) announced today that it closed its initial public offering of 5,000,000 units at $10.00 per unit. Each unit consists of one share of common stock and one right to receive one-tenth of one share of common stock upon the consummation of an initial business combination. The units are listed on The NASDAQ Capital Market (“NASDAQ”) and began trading under the ticker symbol “MCAEU” on May 18, 2021. Once the securities comprising the units begin separate trading, the common stock and rights are expected to be listed on NASDAQ under the symbols “MCAE,” and “MCAER,” respectively. The underwriters have been granted a 45-day option to purchase up to an additional 750,000 units offered by the Company to cover over-allotments, if any. Chardan...

EDMONTON, Alberta, May 20, 2021 (GLOBE NEWSWIRE) — Alcanna Inc. (“Alcanna” or the “Company“) (TSX: CLIQ) announced today the final results of its substantial issuer bid to purchase from the holders of the common shares of the Company (the “Common Shares“) up to $30 million of Common Shares (the “Offer“). The Offer expired at 5:00 p.m. (Toronto time) on May 12, 2021. Based on the final count by AST Trust Company (Canada), as depositary for the Offer (the “Depositary“), the Company has taken up and paid for 3,846,150 Common Shares at an aggregate purchase price of $29,999,970, or $7.80 per Common Share, excluding fees and expenses relating to the Offer. The “specified amount” for the purposes of subsection 191(4) of the Income Tax Act (Canada) in respect of each...

EDISON, N.J., May 20, 2021 (GLOBE NEWSWIRE) — Eos Energy Enterprises, Inc. (NASDAQ: EOSE) (“Eos”), a leading provider of safe, scalable, efficient, and sustainable zinc-based energy storage systems, today announced Joe Mastrangelo, Chief Executive Officer, and Sagar Kurada, Chief Financial Officer, will participate in the following investor conferences:The Bank of America Securities Clean Energy Conference on May 27-28, 2021. The presentation will commence at approximately 10:00 a.m. Eastern Time on May 27, 2021.The Cowen Sustainability & Energy Transition Summit on Wednesday, June 9, 2021. The presentation will commence at approximately 12:30 p.m. Eastern Time.The Tudor Pickering Holt Hotter N’ Hell Conference on Thursday, June 10, 2021.A live webcast and replay of the presentations will be available...

TORONTO, May 20, 2021 (GLOBE NEWSWIRE) — Firm Capital Property Trust (“FCPT” or the “Trust”), (TSXV: FCD.UN) is pleased to report its financial results for the period ended March 31, 2021. PROPERTY PORTFOLIO HIGHLIGHTS The portfolio consists of 72 commercial properties with a total gross leasable area (“GLA”) of 2,313,389 square feet, two multi-residential complexes comprised of 204 units and one Manufactured Home Community comprised of 181 units. The portfolio is well diversified and defensive in terms of geographies and property asset types, with 60% of NOI comprised of grocery anchored retail followed by industrial at 21% of NOI. TENANT DIVERSIFICATION The portfolio is well diversified by tenant profile with no tenant currently accounting for more than 11.7% of total net rent. Further, the top 10 tenants are comprised of large...

EUCLID, Ohio, May 20, 2021 (GLOBE NEWSWIRE) — The US Lighting Group, Inc. (OTC:USLG) announced today that the company intends to form a new division, RVtronix, to design, manufacture, and distribute RV Electronics  and fiberglass products to the RV Industry. The formation of the new division, RVtronix, comes on the heels of the sale of Intellitronix, a manufacturer of automotive aftermarket gauges. “The US Lighting Group is excited to announce another phase of its 2021 Strategic Business Plan to utilize our electronics know how and expertise to expand our growth potential into the much larger RV market. By forming RVtronix, we intend to file for US and International patents and release a line of RV AC/DC power center with an integrated energy management load shedder system for recreational vehicles. It’s the ultimate system for...

RARITAN, N.J., May 20, 2021 (GLOBE NEWSWIRE) — Ortho Clinical Diagnostics (Nasdaq: OCDX), one of the world’s largest pure-play in vitro diagnostics (IVD) companies, today announced that members of its management team are scheduled to present in two upcoming investor conferences:UBS Virtual Global Healthcare Conference on Monday, May 24, 2021 at 11:00am ET Goldman Sachs 42nd Annual Global Healthcare Conference on Wednesday, June 9, 2021 at 1:30pm ETInterested parties can access a live webcast and replay of each presentation on the “Investors” portion of the Company’s website at https://ir.orthoclinicaldiagnostics.com/, under the “Events” section. Management will also be hosting individual meetings with investors at both of the conferences. About Ortho Clinical Diagnostics Ortho Clinical Diagnostics (Nasdaq: OCDX) is one of...

MONTREAL, May 20, 2021 (GLOBE NEWSWIRE) — (TSX-V: FRO.UN) Fronsac Real Estate Investment Trust (“Fronsac” or the “Trust”) announces its results for the quarter ended March 31st, 2021, monthly distributions for the months of July, August and September 2021 and management appointments. RESULTSFor the quarter ended March 31st, 2021, Fronsac reported recurring funds from operations (“Recurring FFO”) per unit of $0.140 compared to $0.110 per unit for the quarter ended March 31, 2020, an increase of 27%. Recurring FFO was $2,433,267, an increase of 66% ($1,462,713 in Q1 2020). During Q1 2021, the Trust’s property rental income was $4,453,791 compared to $2,863,606 in Q1 2020, an increase of 56%. Net operating Income was $3,279,414 compared to $2,198,785 in Q1 2020, an increase of 49%. Fronsac recorded a net income attributable...

CALGARY, Alberta, May 20, 2021 (GLOBE NEWSWIRE) — Crew Energy Inc. (TSX: CR) (“Crew” or the “Company”) today announces the voting results for the election of directors at its annual general and special meeting of shareholders held on May 20, 2021 (the “Meeting”). Each of the six nominees proposed by Crew and as set forth in the Information Circular – Proxy Statement provided to shareholders in connection with the Meeting were elected as directors, with common shares represented at the Meeting voting in favour of individual nominees as follows:Nominee Name   Votes For (%)   Votes Withheld (%)John A. Brussa   97.98 %   2.02 %Gail A. Hannon   98.57 %   1.43 %Dennis L. Nerland   99.28 %   0.72 %Karen A. Nielsen   99.10 %   0.90 %Ryan A. Shay   98.75 %   1.25 %Dale O. Shwed   99.64 %   0.36 %For...