Day: June 14, 2021
TORONTO, CHICAGO and MONTREAL, June 14, 2021 (GLOBE NEWSWIRE) — Medexus Pharmaceuticals Inc. (the “Company” or “Medexus”) (TSXV: MDP) (OTCQX: MEDXF) (Frankfurt: P731) announced today that it will be presenting at the Raymond James Human Health Innovation Conference on June 21st, 2021.
Ken d’Entremont, Chief Executive Officer, and Roland Boivin, Chief Financial Officer, will present a Company overview and provide a business update. The presentation will be webcast live and available for replay on the Company’s website at www.medexus.com/en_US/investors/news-events.
Raymond James Human Health Innovation ConferenceDate: Monday, June 21, 2021 Time: 2:40 P.M. Eastern Time
In addition to the presentation, management will be participating in virtual one-on-one meetings throughout the conference. Interested investors should contact their...
TTM Technologies, Inc. Appoints Pamela B. Jackson as New Board Member
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SANTA ANA, Calif., June 14, 2021 (GLOBE NEWSWIRE) — TTM Technologies, Inc. (NASDAQ:TTMI), a leading global printed circuit board (“PCB”) and radio frequency (“RF”) components and assemblies manufacturer, announced today that the Board appointed, subject to approval from the United States Defense Counterintelligence and Security Agency, Ms. Pamela B. Jackson as a Class III director with a term expiring in May of 2024.
Ms. Jackson is a retired Vice President, Technology of Emerson Electric Company (“Emerson”), a leading global manufacturing and technology company based in St. Louis, Missouri. Ms. Jackson was with Emerson from April 2001 until October 2017, when she retired. Her responsibilities included corporate oversight of technology development initiatives related to new and lean product development, portfolio and product life...
Intellinetics Celebrates Grand Opening of New Records Storage Center in Michigan
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COLUMBUS, Ohio, June 14, 2021 (GLOBE NEWSWIRE) — Intellinetics, Inc., (OTCQB: INLX) a cloud-based document solutions provider, today announced the opening of a new records storage center to support growth of the company’s document storage and retrieval services.
The new records storage center, located in Sterling Heights, Michigan, spans 29,500 square feet and serves as an opportunity to consolidate two of the company’s existing Madison Heights, Michigan locations while increasing the box storage capacity by 124%. This is in addition to Intellinetics’ other document storage locations in Columbus, Ohio and Phoenix, Arizona.
“This is an exciting moment for our company,” said James F. DeSocio, President & CEO of Intellinetics. “The consolidation allows us to improve operational efficiency and more than double our box storage...
Alico, Inc. Announces Substantial Increase in Dividend, Additional Ranch Land Sales and Update on ESG Initiative
Written by Customer Service on . Posted in Dividend Reports And Estimates.
FORT MYERS, Fla., June 14, 2021 (GLOBE NEWSWIRE) — Alico, Inc. (“Alico” or the “Company”) (Nasdaq: ALCO) today announces significant activities that will continue to support its business strategy and generate greater returns for our shareholders.
The Alico Board of Directors approved an increase in the quarterly dividend from $0.18 per common share to $0.50 per common share, which represents an approximate 178% increase, effective the third quarter of fiscal year 2021. Our current common dividend yield based on Friday’s, June 11, 2021 closing stock price was 2.26%, at the same share price, the increased annual common dividend yield would exceed 6%.
In our press release dated May 5, 2021 describing “Strategic Actions to Increase Long-term Shareholder Returns,” we disclosed that we were under contract to sell, or in final negotiations...
LGI Homes Announces Private Offering of $300 Million of Unsecured Senior Notes and Conditional Redemption of 6.875% Senior Notes due 2026
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THE WOODLANDS, Texas, June 14, 2021 (GLOBE NEWSWIRE) — LGI Homes, Inc. (NASDAQ: LGIH) (“LGI Homes” or the “Company”) today announced that it has commenced a private offering (the “Offering”) of $300 million aggregate principal amount of unsecured Senior Notes due 2029 (the “Notes”) to persons reasonably believed to be qualified institutional buyers in the United States pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”), and to certain non-U.S. persons in transactions outside the United States pursuant to Regulation S under the Securities Act.
The timing of pricing and terms of the Notes are subject to market conditions and other factors. The Notes are expected to be guaranteed, jointly and severally, on a senior unsecured basis by the Company’s subsidiaries that guarantee the Company’s obligations...
Ballantyne Strong Set to Join Russell Microcap® Index
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CHARLOTTE, N.C., June 14, 2021 (GLOBE NEWSWIRE) — Ballantyne Strong, Inc. (NYSE American: BTN) (the “Company” or “Ballantyne Strong”) today announced that it is set to join the Russell Microcap Index at the conclusion of the 2021 Russell indexes annual reconstitution, effective after the U.S. market opens on Monday, June 28, 2021, according to a preliminary list of additions posted by Russell on June 4, 2021.
Membership in the Russell Microcap® Index, which remains in place for one year, means automatic inclusion in the appropriate growth and value style indexes. FTSE Russell determines membership for its Russell indexes primarily by objective, market-capitalization rankings and style attributes.
“We are pleased to have been selected for addition to the Russell Microcap® Index,” commented Mark Roberson, Chief Executive Officer...
Quantum Computing Inc. Enters 3-Year Agreement with Los Alamos National Laboratory in Exascale & Petascale Simulations
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Partnering to Solve Real World Graph Partitioning and Data Decomposition Problems that are Critical for National Security and more
LEESBURG, Va., June 14, 2021 (GLOBE NEWSWIRE) — Quantum Computing Inc. (QCI) (OTCQB: QUBT), the leader in bridging the power of classical and quantum computing, today announced a three-year cooperative research and development agreement (CRADA) with Los Alamos National Laboratory (Los Alamos), a U.S. Department of Energy (DOE) multidisciplinary research institution and renowned computing pioneer. QCI will collaborate with Los Alamos scientists through its administrator, Triad National Security, LLC, on a key component of large-scale simulations that are critical for a range of high-value, real-world applications, including national security.
The cooperation is focused on deriving specifications for...
Hill International to Provide Owner’s Project Management Services for New Public Safety Building
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PHILADELPHIA and HINGHAM, Mass., June 14, 2021 (GLOBE NEWSWIRE) — Hill International (NYSE:HIL), delivering the infrastructure of change, announced today it was selected by the Town of Hingham, MA, to provide owner’s project management services for the Town’s New Public Safety Building.
Following a feasibility study prepared in 2020, the Town moved forward with the schematic design of a new facility to contain the Town’s police headquarters building and the North Fire Station. The police department, in particular, has outgrown its current facilities in Hingham’s Town Hall, where public safety operations have been housed since the 1990s. This facility will be constructed at centrally located 335 Lincoln Street to better service the whole community.
The project involves the planning, design, and construction of the facility. Hill...
SFL – Acquisition of modern container vessels and long term charters
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SFL Corporation Ltd. (NYSE: SFL) (“SFL” or the “Company”) announces that it has agreed to acquire two medium sized container vessels in combination with long term charters to a leading container line.
The vessels are modern eco-design built in 2013 and 2014 with approximately 6,800 TEU carrying capacity, and the Company expects to take delivery of the vessels in the near term. The purchase price is confidential.
The time charters will run for a period of minimum 6 years, and there are purchase options with profit split at the end of year 5 and 6 of the charter period. The fixed rate charter backlog will increase by approximately $160 million, and the EBITDA contribution from the vessels is estimated to approximately $22 million per year.
SFL has already received financing indications at attractive terms, and the balance will be funded...
Golden Star Enterprises Ltd. Announces Completion of Second Multi-year Contract Extension Agreement. Wholly Owned Subsidiary, Enigmai, and Israeli-based Isracard Agree to Another Three Years of WFM Software Services
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CLAYMONT, DE, June 14, 2021 (GLOBE NEWSWIRE) — via NewMediaWire – Golden Star Enterprises Ltd., (OTCPink: GSPT) is pleased to announce its second long-term service contract extension, between wholly-owned subsidiary, Enigmai, and Isracard, for a term of three years commencing January 1, 2021. This multi-year extension of our contract for the provision of our workforce management software again demonstrates the value the software continues to provide customers as a comprehensive, state-of-the-art management tool. The negotiation of this long-term contract extension was also spearheaded by Mrs. Eital Muskal, VP of Strategy and Business Development for Enigmai.
Isracard is one of Israel’s leading credit card companies. Owned by Bank Hapoalim, Isracard services over four million client cards, with over 100,000 businesses in Israel,...