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Month: June 2021

Clairvest Reports Fiscal 2021 Fourth Quarter and Year End Results

TORONTO, June 22, 2021 (GLOBE NEWSWIRE) — Clairvest Group Inc. (TSX: CVG) today reported results for the fourth quarter and year ended March 31, 2021 and material events which occurred subsequent to year end. (All figures are in Canadian dollars unless otherwise stated) HighlightsMarch 31, 2021 book value was $857.8 million or $56.96 per share compared with $843.0 million or $55.98 per share as at December 31, 2020 and $55.55 per share as at March 31, 2020 Net income for the quarter was $14.8 million or $0.98 per share due to a net increase in fair value of corporate investments; Net income for fiscal 2021 was $104.8 million or $6.96 per share Book value per share grew by 12.6% during fiscal 2021, including the $5.5555 per share of total dividends paid during the fiscal year Clairvest and Clairvest Equity Partners VI (“CEP VI”)...

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Tandy Leather Factory Files 2019 and Restated Financial Information

FORT WORTH, Texas, June 22, 2021 (GLOBE NEWSWIRE) — Tandy Leather Factory, Inc. (Pink: TLFA) today announced that it has filed with the Securities and Exchange Commission the Company’s 2019 Annual Report on Form 10-K and Quarterly Reports for the second and third quarters of 2019. These reports include the restatement of information the Company had previously filed in its 2018 Annual Report (Form 10-K) and Quarterly Reports (Forms 10-Q) for the second and third quarters of 2018 and the first quarter of 2019. The Company continues to work diligently on completing as soon as possible its quarterly and annual reports for 2020, as well as the first quarter of 2021. Janet Carr, Chief Executive Officer of the Company, said, “We are happy to be filing our restated and 2019 financial reports, marking the end of a long hard road to complete...

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Affinor Growers Files Patent for Modular Nitrogen Enriched Drying & Curing Vessels

VANCOUVER, British Columbia, June 22, 2021 (GLOBE NEWSWIRE) — Affinor Growers Inc. (“Affinor” or the “Company”) (CSE: AFI OTCQB: RSSFF) is pleased to announce that it has filed for patent protection for newly designed modular, nitrogen enriched, drying and curing vessels. The Company plans to utilize this mechanical and process design in all its cannabis craft grow operations. The company has plans to grow across Canada and globally. Affinor will showcase the vessels in its first commercial, greenhouse facility in Abbotsford BC after a cannabis cultivation licence has been received from Health Canada. The planned cannabis production facility will feature a total of 40 growing towers expected to yield 3-4 kg per tower per harvest of dried cannabis every 3 months. The Company also plans to licence a complete turnkey greenhouse with...

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DIGITAL ALLY, INC. TO ADJOURN ANNUAL MEETING OF STOCKHOLDERS

LENEXA, KANSAS, June 22, 2021 (GLOBE NEWSWIRE) — Digital Ally, Inc. (NASDAQ: DGLY) (the “Company”) today announced that the Company has adjourned the Annual Meeting of Stockholders (the “Annual Meeting”), which had been scheduled to be held on Tuesday, June 22, 2021 at 11:15 a.m. EDT, to July 1, 2021 at 11:15 a.m. EDT, to be held at the Company’s facility at 15612 College Boulevard, Lenexa, Kansas 66219. The Company has announced such adjournment at the originally scheduled Annual Meeting. The Company adjourned the Annual Meeting in order to allow the Company adequate time to achieve a quorum for the transaction of business under the Company’s amended and restated bylaws. The record date for the Annual Meeting remains April 23, 2021. Stockholders of the Company who have previously submitted their proxy or otherwise voted and who...

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Urbanfund Corp. Announces Dividend Increase Commencing June 2021

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES TORONTO, June 22, 2021 (GLOBE NEWSWIRE) — Urbanfund Corp. (TSX-V: UFC) (“Urbanfund” or the “Company”) (TSX-V: UFC) is pleased to announce that the Company’s Board of Directors has declared an increase to its annualized dividend distribution by 2 cents to $0.05 per common share and Series A, first preferred share, representing a 67% increase from the previous year. This will increase Urbanfund’s quarterly dividend distribution to $0.0125 per common share and Series A, first preferred share. The quarterly dividend distribution declared by the Company’s Board of Directors for the three-month period ended June 30, 2021 is ‎payable on July 15, 2021 to the shareholders of record on June 30, 2021.‎ This dividend is designated by the Company as...

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Bombardier Announces Notice of Partial Redemption for $475,000,000 of its 6.00% Senior Notes due 2022

MONTREAL, June 22, 2021 (GLOBE NEWSWIRE) — Bombardier Inc. (“Bombardier”) today announced that it has issued a notice of partial redemption for $475,000,000 of its outstanding 6.00% Senior Notes due 2022 (the “Notes”). As set forth in the notice of redemption issued today pursuant to the terms of the indenture governing the Notes, the redemption date is July 22, 2021, and the redemption price is par plus accrued and unpaid interest. Pursuant to the terms of the indenture governing the Notes, the selection of the Notes for redemption will be made by lot in accordance with the procedures of The Depository Trust Corporation. This press release does not constitute an offer to sell or buy or the solicitation of an offer to buy or sell any security and shall not constitute an offer, solicitation, sale or purchase of any securities in...

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Bombardier Announces Notice of Redemption for All of its 5.750% Senior Notes due 2022

MONTRÉAL, June 22, 2021 (GLOBE NEWSWIRE) — Bombardier Inc. (“Bombardier”) today announced that it has issued a notice of redemption for all of its outstanding 5.750% Senior Notes due 2022 (the “Notes”). As set forth in the notice of redemption issued today pursuant to the terms of the indenture governing the Notes, the redemption date is July 22, 2021, and the redemption price will be calculated on July 19, 2021. Bombardier will disclose the redemption price by press release on July 19, 2021. This press release does not constitute an offer to sell or buy or the solicitation of an offer to buy or sell any security and shall not constitute an offer, solicitation, sale or purchase of any securities in any jurisdiction in which such offering, solicitation, sale or purchase would be unlawful. The Notes mentioned herein have not been...

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Former STB Chief Economist, Dr. William Huneke, Believes CN/KCS Combination Will Enhance Competition and That Voting Trust Should Be Approved

MONTREAL and KANSAS CITY, Mo., June 22, 2021 (GLOBE NEWSWIRE) — CN (TSX: CNR, NYSE: CNI) and Kansas City Southern (NYSE: KSU) (“KCS”) today announced that Dr. William Huneke, the former Director of the Office of Economics and Chief Economist at the Surface Transportation Board (“STB”) has written an op-ed, which was published by Railway Age. In the op-ed, Huneke emphasizes the pro-competitive benefits of a CN/KCS combination, resulting from the companies’ commitment to keep gateways open on commercially reasonable terms. Huneke also points out that, for these benefits to be realized, the CN voting trust must be approved by the STB. The full text of the op-ed can be found below: CN Open Gateways Offer Means New, Enhanced Rail-To-Rail Competition, but STB Must First Approve the CN/KCS Voting Trust Written by Dr. William Huneke Canadian...

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Gentherm Named a 2020 Supplier of the Year Winner by General Motors

NORTHVILLE, Mich., June 22, 2021 (GLOBE NEWSWIRE) — Gentherm (NASDAQ: THRM), a global market leader and developer of innovative thermal management technologies, was named a GM Supplier of the Year winner in General Motors’ 29th annual Supplier of the Year awards. GM recognized 122 of its best suppliers from 16 countries for performance in the 2020 calendar year. The annual awards highlight global suppliers that distinguish themselves by exceeding GM’s requirements, in turn providing GM customers with innovative technologies and among the highest quality in the automotive industry. This is the second time, and second consecutive year, Gentherm has received the award. “As GM works to achieve a future with zero crashes, zero emissions and zero congestion, we are proud to have innovative and dedicated suppliers around the world as...

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Churchill Downs Incorporated Names Jason Sauer Senior Vice President of Corporate Development

Jason SauerSVP, Corporate Development Churchill Downs IncorporatedLOUISVILLE, Ky., June 22, 2021 (GLOBE NEWSWIRE) — Churchill Downs Incorporated (“CDI” or “Company”) (Nasdaq: CHDN) announced today that Jason Sauer has been named Senior Vice President of Corporate Development for the Company. In this role, Sauer will work closely with other Senior Management in the development and execution of CDI’s strategy and growth initiatives and report directly to Bill Carstanjen, Chief Executive Officer of CDI. Sauer joined CDI in 2014 as Senior Director, Corporate Development before his promotion to Vice President, Corporate Development in 2019. “Jason brings a keen aptitude for both traditional M&A deals as well as non-standard, complex commercial arrangements,” said Carstanjen. “During his tenure with CDI, Jason has...

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