Crown Castle Extends Maturity of Existing Credit Facility and Incorporates Sustainability Targets

Written by Customer Service on June 18, 2021. Posted in Public Companies.

HOUSTON, June 18, 2021 (GLOBE NEWSWIRE) — Crown Castle International Corp. (NYSE: CCI) (“Crown Castle”) announced today that it has amended its Senior Unsecured Credit Facility (“Credit Facility”), consisting of a $5.0 billion Senior Unsecured Revolving Credit Facility and a $1.2 billion Senior Unsecured Term Loan A Facility. The amendment extends the maturity of the Credit Facility to June 2026 and incorporates specified annual sustainability targets. The Credit Facility pricing is subject to adjustment based on Crown Castle’s performance against those targets. “We appreciate the continued support from our strategic lending partners and are excited to add targets to our Credit Facility that reflect our efforts to reduce our net emissions,” stated Jay Brown, Crown Castle’s Chief Executive...

Ocugen Inc. Announces Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)

Written by Customer Service on June 18, 2021. Posted in Public Companies.

MALVERN, Pa., June 18, 2021 (GLOBE NEWSWIRE) — Ocugen, Inc. (NASDAQ: OCGN), a biopharmaceutical company focused on discovering, developing, and commercializing gene therapies to cure blindness diseases and developing a vaccine to save lives from COVID-19, today announced the Compensation Committee of the Board of Directors of Ocugen approved the grant of stock options to purchase an aggregate of 157,450 shares of its common stock and restricted stock units (RSUs) covering an aggregate of 26,300 shares of common stock to four new employees. The stock options and RSUs were granted as of June 15, 2021, as material inducements to employment in accordance with Nasdaq Listing Rule 5635(c)(4). The stock options have a ten-year term and have an exercise price of $6.26 per share, which is the closing price of Ocugen’s common stock on the...

Skeljungur hf.: Non-binding offers received for P/F Magn, Skeljungur’s subsidiary in the Faroe Islands, have been reviewed, and Skeljungur’s board of directors has decided to enter into negotiations with selected bidders

Written by Customer Service on June 18, 2021. Posted in Public Companies.

Last 9 June a notice was published to the effect that the deadline for submitting non-binding offers for P/F Magn had expired and that Skeljungur, together with its advisers, would review the offers received to assess their terms and reservations. Skeljungur, together with its advisers, has now reviewed the offers received, and its board of directors has decided to enter into negotiations with selected bidders. This process may lead to the sale of P/F Magn. The potential sale of P/F Magn is subject to the approval of a shareholders’ meeting and other conditions that the parties may set. It should be noted that the above is a part of the process of assessing the advantages of future ownership of P/F Magn, as announced in a notice published last 24 March. For further information, please contact Árni Pétur Jónsson, CEO fjarfestar@skeljungur.is....

Baudax Bio Announces Special Meeting of Shareholders to Vote on Proposed Increase in Number of Authorized Shares of Common Stock

Written by Customer Service on June 18, 2021. Posted in Public Companies.

Special meeting to be held virtually on July 13, 2021, at 9:00 a.m. Eastern Time MALVERN, Pa., June 18, 2021 (GLOBE NEWSWIRE) — Baudax Bio, Inc. (NASDAQ:BXRX), a pharmaceutical company focused on developing and commercializing innovative products for acute care settings, today announced that it has scheduled a Special Meeting of shareholders to approve its proposed increase of the number of authorized shares of common stock from 100 million shares to 190 million shares for Tuesday, July 13, 2021 at 9:00 a.m. Eastern Time. The proposal to increase the Company’s authorized shares of capital stock is set forth in its Definitive Proxy Statement filed with the Securities and Exchange Commission on June 14, 2021. Leading independent proxy advisory firms Glass Lewis & Co. and Institutional Shareholder Services, Inc. have both recommended...

Globus Maritime Limited Reports Financial Results for the Quarter Ended March 31, 2021

Written by Customer Service on June 18, 2021. Posted in Earnings Releases And Operating Results.

GLYFADA, Greece, June 18, 2021 (GLOBE NEWSWIRE) — Globus Maritime Limited (“Globus”, the “Company”, “we”, or “our”) (NASDAQ: GLBS), a dry bulk shipping company, today reported its unaudited consolidated operating and financial results for the quarter ended March 31, 2021. Financial Highlights In Q1 2021, Total revenues increased by about 126% compared to Q1 2020. The Adjusted EBITDA for Q1 2021 increased by 2.97 million or 1.8 times compared to Q1 2020. As of March 31, 2021 and December 31, 2020, our cash and bank balances and bank deposits (including restricted cash) were $53.1 and $21.1 million, respectively, an increase of 152%. The Total comprehensive loss for Q1 2021 decreased by about 92% compared to Q1 2020. As of March 31, 2021, the total outstanding borrowings under our Loan agreements decreased to $31 million compared...

PSB Holdings, Inc. announces semi-annual cash dividend of $0.23 per share

Written by Customer Service on June 18, 2021. Posted in Public Companies.

WAUSAU, Wis., June 18, 2021 (GLOBE NEWSWIRE) — PSB Holdings, Inc. (OTCQX: PSBQ), parent company of Peoples State Bank, is pleased to announce that on June 15, 2021, its Board of Directors declared a regular semi-annual cash dividend of $0.23 per share of the Company’s common stock. The dividend is payable July 30, 2021 to shareholders of record as of July 9, 2021 and represents an increase of 9.5% over the $0.21 per share semi-annual cash dividend declared on June 16, 2020. The current dividend continues a 57-year tradition of cash dividends to PSB shareholders including 28 consecutive years of increased cash dividends declared per share. PSB President and CEO Scott M. Cattanach said, “Despite a difficult economic climate created by the pandemic, we were able to offset precautionary reserves with a strong mortgage refinancing market...

Strathbridge Asset Management Inc. Announces Unitholder Approval of Merger Proposal

Written by Customer Service on June 18, 2021. Posted in Mergers And Acquisitions.

TORONTO, June 18, 2021 (GLOBE NEWSWIRE) — Strathbridge Asset Management Inc. (the “Manager”), the manager of Core Canadian Dividend Trust (TSX: CDD.UN) (“CDD”), Top 10 Canadian Financial Trust (TSX: TCT.UN) (“TCT”), Canadian Utilities & Telecom Income Fund (TSX: UTE.UN) (“UTE”) and U.S. Financials Income Fund (TSX: USF.UN) (“USF”), is pleased to announce that at a special meeting held on June 18, 2021 unitholders of CDD, TCT and USF approved a proposal that will result in the merger of CDD, TCT and USF with Mulvihill Premium Yield Fund (“MPY”), in order to combine CDD, TCT, USF and MPY into one open ended mutual fund with MPY being the continuing fund. The meeting of unitholders of UTE to approve the merger of UTE with MPY has been adjourned to June 28, 2021 at 10:00 a.m. as quorum was not present for the meeting this morning. It...

Manitou Gold Provides Update Regarding Upcoming Annual Meeting

Written by Customer Service on June 18, 2021. Posted in Public Companies.

SUDBURY, Ontario, June 18, 2021 (GLOBE NEWSWIRE) — Manitou Gold Inc. (TSX-V: MTU) (the “Company” or “Manitou”) announces instructions for participation in the annual and special shareholders meeting (the “Meeting”) to be held on Wednesday, June 23 at 3pm EDT. To proactively deal with the unprecedented public health impact of COVID-19 and Provincial and Federal guidance regarding public gatherings, shareholders and proxyholders are strongly encouraged NOT to attend the Meeting in person. The COVID-19 virus is causing unprecedented social and economic disruption and Manitou wants to ensure that no one is unnecessarily exposed to any risks. Furthermore, so that the Company can mitigate potential risks to the health and safety of shareholders, employees, and the community, there will be strict limitations on the number of persons permitted...

Home Federal Bank Announces New Location in West Shreveport

Written by Customer Service on June 18, 2021. Posted in Public Companies.

SHREVEPORT, La., June 18, 2021 (GLOBE NEWSWIRE) — Home Federal Bank (“HFB”), the wholly-owned subsidiary of Home Federal Bancorp, Inc. of Louisiana (NASDAQ: HFBL), today announced plans to break ground on a new location in West Shreveport. The new Huntington branch will be located at 6903 Pines Road, just south of I-20. The new Pines Road location is part of Home Federal Bank’s aggressive expansion plan that began in 2009. HFB’s ninth location will provide this community with a local banking option that has been missing for decades. This branch will be HFB’s new concept of a “micro branch” that will deliver full service banking to individuals and businesses but with a smaller footprint. These services include consumer and commercial lending, mortgage loans, and a variety of deposit accounts provided by a specialized team of community...

Ceiling Tiles Market to reach USD 10.8 billion by 2027- Research Report By Market Research Future (MRFR)

Written by Customer Service on June 18, 2021. Posted in Mergers And Acquisitions.

New York, June 18, 2021 (GLOBE NEWSWIRE) — Ceiling Tiles Market Overview: According to a comprehensive research report by Market Research Future (MRFR), “Ceiling Tiles Market Research Report By Product, By Installation Type, By Application and By Region – Forecast till 2027” The market size was estimated at USD 5.53 billion in 2020 and is projected to reach USD 10.8 billion by 2027, at a compounded annual growth rate (CAGR) of 8.4% from 2021 to 2027. Market Analysis Growth in the commercial construction industry, led by the development of new office complexes, institutional buildings, healthcare facilities, and malls around the world, is likely to boost the market. The market is predicted to grow in response to rising demand for acoustic and thermal insulation, increased disposable income in developing nations, and shifting...

Day: June 18, 2021

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