TELUS recognized as Canada’s fastest Internet provider for 2nd consecutive year

Written by Customer Service on June 17, 2021. Posted in Public Companies.

PCMag recognized TELUS as the speed leader among all major ISPs across Canada, noting TELUS expanded the gap between their speeds and those of their peers by a wide margin this year VANCOUVER, British Columbia, June 17, 2021 (GLOBE NEWSWIRE) — As Canadians continue to rely more than ever on strong, reliable Internet networks for work, remote learning, virtual healthcare, entertainment, and staying connected, TELUS was named the fastest Internet service provider (ISP) in Canada by New York-based PCMag1 for the second year in a row. PCMag recognized TELUS as the speed leader among all major ISPs across Canada, noting we expanded the gap between our speeds and those of our peers by a wide margin this year – a feat made possible by the TELUS PureFibre network, which is the largest 100 per cent pure fibre-to-the-premise network in Western...

Fidelity D & D Bancorp, Inc. Announces Receipt of All Required Approvals for the Acquisition of Landmark Bancorp, Inc.

Written by Customer Service on June 17, 2021. Posted in Mergers And Acquisitions.

DUNMORE, Pa., June 17, 2021 (GLOBE NEWSWIRE) — Fidelity D & D Bancorp, Inc. (NASDAQ: FDBC) (“Fidelity”), the parent bank holding company of The Fidelity Deposit and Discount Bank (“Fidelity Bank”), a Pennsylvania state-chartered, FDIC-insured community bank and trust company headquartered in Dunmore, PA, announced today that the shareholders of Landmark Bancorp, Inc. (“Landmark”) have overwhelmingly approved the previously announced proposed acquisition of Landmark by a subsidiary of Fidelity with over 77% of the issued and outstanding shares of common stock of Landmark voting in favor of the proposed transaction. In addition, Fidelity announced the receipt of all required regulatory approvals or waivers for Fidelity’s proposed acquisition of Landmark and its wholly-owned subsidiary, Landmark Community Bank. The Federal Deposit...

Brookfield Property Partners Announces Mailing of Circular for Special Meeting of Unitholders to Consider Privatization Transaction and Provides Update to Transaction Consideration

Written by Customer Service on June 17, 2021. Posted in Public Companies.

BROOKFIELD NEWS, June 17, 2021 (GLOBE NEWSWIRE) — Brookfield Property Partners L.P. (Nasdaq: BPY; TSX: BPY.UN) announced today the mailing of a management information circular (the “Circular”) and related meeting and proxy materials to unitholders in connection with the upcoming special meeting of unitholders. The meeting is called to consider Brookfield Asset Management Inc.’s (“BAM”) acquisition of all of the limited partnership units of BPY (the “transaction”). In accordance with the terms of the interim order of the Ontario Superior Court of Justice (Commercial List) obtained on June 7, 2021, the special meeting will be held virtually on July 16, 2021 at 11:00 a.m. (Toronto time) via live audio webcast. BPY unitholders can access the meeting by visiting www.virtualshareholdermeeting.com/BPY2021. Only BPY unitholders of record...

Sun Communities, Inc. Prices $600 Million of Senior Notes

Written by Customer Service on June 17, 2021. Posted in Public Companies.

Southfield, Michigan, June 17, 2021 (GLOBE NEWSWIRE) — Sun Communities, Inc. (NYSE: SUI) (the “Company”), a real estate investment trust (“REIT”) that owns and operates or has an interest in manufactured housing (“MH”) communities, recreational vehicle (“RV”) resorts and marinas, today announced that its operating partnership, Sun Communities Operating Limited Partnership (the “Operating Partnership”), has priced a public offering of $600 million aggregate principal amount of 2.700% senior notes due 2031 (the “Notes”). The public offering price for the Notes was 99.467% of the principal amount for an effective yield to maturity of 2.761%. The Notes will be senior unsecured obligations of the Operating Partnership, guaranteed fully and unconditionally by the Company. The offering is expected to close on...

IBEX Reports Results for the Third Quarter and the Nine Months Ended April 30, 2021

Written by Customer Service on June 17, 2021. Posted in Public Companies.

MONTRÉAL, June 17, 2021 (GLOBE NEWSWIRE) — IBEX Technologies Inc. (“IBEX” or the “Company”) (TSX Venture: IBT) today reported its financial results for the nine months ended April 30, 2021. “As predicted, sales in constant dollars ($US) decreased this quarter vs year ago (-4%) which, combined with a 9% negative change in currency, translated to a 13% decline in Canadian dollars for the quarter. Despite this decrease, year to date we are running five percent higher than last year,” said Paul Baehr, IBEX President & CEO. In addition, our cash and net working capital increased vs. the previous quarter and same quarter year ago. “We expect further softening in revenues next quarter as customers adjust inventories and thus full fiscal year sales are likely to be lower than last year. Consequently, we anticipate that Fiscal 2021...

Goldstar Closes Second and Final Tranche of Private Placement

Written by Customer Service on June 17, 2021. Posted in Public Companies.

NOT FOR DISTRIBUTION IN THE UNITED STATES OR TO U.S. NEWSWIRE SERVICES MONTRÉAL, June 17, 2021 (GLOBE NEWSWIRE) — Goldstar Minerals Inc. (“Goldstar” or the “Corporation”) (TSX-V: GDM) is pleased to announce that it has completed a second and final tranche of its previously announced private placement (see press releases dated May 12, 2021 and June 4, 2021) by issuing an additional 2,887,777 flow-through common shares (the “Flow-Through Shares”) at a price of $0.18 per share for gross proceeds of $519,800.The Corporation has raised aggregate gross proceeds of $720,000 under this financing. At closing, the Corporation issued to finders an aggregate of 152,976 common shares in payment of finders’ fees. Two insiders of the Corporation subscribed for a total of 345,556 Flow-Through Shares, having an aggregate subscription price of $62,200. All...

StoneCastle Financial Corp. Releases Month End Estimated Net Asset Value as of May 2021

Written by Customer Service on June 17, 2021. Posted in Public Companies.

DENVER, June 17, 2021 (GLOBE NEWSWIRE) — StoneCastle Financial Corp., (NASDAQ:BANX) (“StoneCastle Financial” or the “Company”), today announced that the Company’s estimated and unaudited Net Asset Value (“NAV”) as of May 31, 2021 was $21.92. The NAV was up $0.12 from the prior month-end. This estimated NAV is not a comprehensive statement of our financial condition or results for the month ended May 31, 2021. We advise you that our unaudited NAV per share for the second quarter ending June 30, 2021 will be released as part of our normal quarterly earnings reporting process and may differ materially from this estimated NAV. About StoneCastle Financial Corp. StoneCastle Financial is an SEC registered non-diversified, closed-end investment company listed on the NASDAQ Global Select Market under the symbol “BANX.”...

Columbia Financial, Inc. to Acquire Freehold Bank

Written by Customer Service on June 17, 2021. Posted in Mergers And Acquisitions.

FAIR LAWN, N.J. and FREEHOLD, N.J., June 17, 2021 (GLOBE NEWSWIRE) — Columbia Bank, MHC, Columbia Financial, Inc. (NASDAQ: CLBK) and Columbia Bank (collectively, “Columbia”), and Freehold MHC, Freehold Bancorp and Freehold Bank (collectively, “Freehold”) announced today the signing of a definitive merger agreement. Under the terms of the merger agreement, Columbia will acquire Freehold, with Freehold MHC and Freehold Bancorp merging into Columbia Bank, MHC and Columbia Financial, respectively. At the effective time of these mergers, Freehold Bank will convert to a federal savings bank and operate as a wholly-owned subsidiary of Columbia Financial. As a subsidiary of Columbia Financial, current depositors of Freehold Bank will become members of, and will have the same rights and privileges in, Columbia Bank, MHC, the mutual holding...

Codexis Raises 2021 Guidance Following Receipt of Significant New Order for a Proprietary Enzyme Product

Written by Customer Service on June 17, 2021. Posted in Public Companies.

REDWOOD CITY, Calif., June 17, 2021 (GLOBE NEWSWIRE) — Codexis, Inc. (Nasdaq: CDXS), a leading enzyme engineering company enabling the promise of synthetic biology, is raising its guidance for 2021, following the receipt of a binding purchase order for up to $13.9 million of a proprietary high performance enzyme product from an undisclosed global pharmaceutical company. The majority of this order was not included in Codexis’ prior guidance for 2021; accordingly, the Company is raising its 2021 guidance for total revenues to a range of $89 million to $93 million, up from previous guidance of $82 million to $85 million. Codexis is also increasing its 2021 guidance for product revenue to a range of $45 million to $48 million, up from previous guidance of $36 million to $39 million. In addition, the Company is raising 2021 guidance...

Fronsac REIT Announces Company Name Change to Canadian Net REIT and Ticker Change to NET.UN

Written by Customer Service on June 17, 2021. Posted in Public Companies.

MONTREAL, June 17, 2021 (GLOBE NEWSWIRE) — (TSX-V: FRO.UN) Fronsac Real Estate Investment Trust (“Fronsac” or the “Trust”) announces that effective today, the Trust will be operating under the name of Canadian Net Real Estate Investment Trust. The Trust also announces that it will change its trading symbol from FRO.UN to NET.UN. This rebranding of the Trust better reflects Fronsac’s activities as a leading investor in Canadian commercial real estate leased on a triple net basis. The change in name and ticker should become effective on or about June 22, 2021, on the TSX Venture Exchange. The Trust’s new CUSIP number is 13639A109 and the transfer agent of the Trust continues to be AST Financial. There is no change in the capitalization of the Trust in connection with the change of name and trading symbol. No action will be required...

Day: June 17, 2021

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