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Day: July 15, 2021

Stifel Announces Pricing of $300 Million of Non-Cumulative Perpetual Preferred Stock

ST. LOUIS, July 15, 2021 (GLOBE NEWSWIRE) — Stifel Financial Corp. (NYSE: SF) today announced it has priced an underwritten registered public offering of 12,000,000 depositary shares ($300 million of aggregate public offering price), each representing a 1/1000th interest in a share of perpetual 4.50% Non-Cumulative Perpetual Preferred Stock, Series D, $1.00 par value, with a liquidation preference of $25,000 per share (equivalent to $25 liquidation preference per depositary share). When, as, and if declared by the board of directors of the Company, dividends will be payable at an annual rate of 4.50%, payable quarterly, in arrears. The Company may redeem the Series D preferred stock at its option, subject to regulatory approval, on or after August 15, 2026 or following a regulatory capital treatment event as described in the prospectus...

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ION announces preliminary second quarter 2021 revenues of ~$20 million, an increase of ~40% sequentially

HOUSTON, July 15, 2021 (GLOBE NEWSWIRE) — ION Geophysical Corporation (NYSE: IO) today announced that the Company expects second quarter 2021 revenues to be approximately $20 million, an improvement of approximately 40% sequentially or a decrease of 13% from the prior period. At quarter end, the Company’s total liquidity of approximately $33 million consisted of $27 million of cash (including net revolver borrowings of $20 million) and approximately $6 million of remaining available borrowing capacity under the revolving credit facility. Backlog is estimated to be $14 million as the Company’s Mid North Sea High 3D multi-client program in the North Sea proceeded ahead of schedule this quarter, leveraging the Company’s proprietary Marlin™ and Orca® digital technologies to acquire the survey in a more efficient, eco-friendly manner. “Second...

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Cardinal Energy Ltd. Announces Closing of Acquisition

CALGARY, Alberta, July 15, 2021 (GLOBE NEWSWIRE) — Cardinal Energy Ltd. (“Cardinal” or the “Company“) (TSX: CJ) is pleased to announce it has successfully closed the previously announced acquisition of Venturion Oil Limited (“Venturion“). Consideration consisted of the issuance of 6.3 million Cardinal common shares and approximately $27.5 million of cash, subject to certain holdbacks. Peters and Co. Limited acted as strategic advisor to Cardinal with respect to the acquisition. Concurrently, the Company closed the $12.5 million subordinated second lien secured note financing as previously announced. The Company has posted an updated corporate presentation on its website. About Cardinal Energy Ltd. One of Cardinal’s goals is to continually improve our Environmental, Social and Governance...

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CAPREIT Announces July 2021 Distribution

TORONTO, July 15, 2021 (GLOBE NEWSWIRE) — Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX – CAR.UN) announced today its July 2021 monthly distribution in the amount of $0.11500 per Unit (or $1.38 on an annualized basis). The July distribution will be payable on August 16, 2021 to Unitholders of record on July 30, 2021. To encourage participation and reward our loyal Unitholders, investors registered in our Distribution Reinvestment Plan will continue to receive an additional amount equal to 5% of their distributions paid in the form of additional Units. CAPREIT is Canada’s largest publicly-traded provider of quality rental housing. CAPREIT currently owns or has interests in, and manages, approximately 69,600 residential apartment suites, townhomes and manufactured housing community sites well-located...

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Northview Canadian High Yield Residential Fund Announces July Distribution

Not for distribution to U.S. newswire services or for dissemination in the United States. TORONTO, July 15, 2021 (GLOBE NEWSWIRE) — Northview Canadian High Yield Residential Fund (the “Fund”) today announced its July 2021 cash distribution amounts on its outstanding Class A Units, Class C Units and Class F Units Class (collectively, the “Units”), payable on August 16, 2021 to holders of Units of record at July 31, 2021. The distribution amounts will be as follows:C$0.10476 per Class A Unit, representing approximately C$1.26 per Unit on an annualized basis; C$0.11056 per Class C Unit, representing approximately C$1.33 per Unit on an annualized basis; C$0.10807 per Class F Unit, representing approximately C$1.30 per Unit on an annualized basis;About Northview Canadian High Yield Residential Fund The Fund is a “closed-end fund”...

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Gran Colombia Announces Second Quarter 2021 Production and Webcast; Provides Details of Forthcoming Repayment of Its Gold Notes; Declares Monthly Dividend to be Paid on August 16, 2021

TORONTO, July 15, 2021 (GLOBE NEWSWIRE) — Gran Colombia Gold Corp. (TSX: GCM; OTCQX: TPRFF) announced today that it produced a total of 16,789 ounces of gold at its Segovia Operations in June 2021 bringing the total gold production for the second quarter of 2021 to 52,198 ounces compared with 44,377 ounces from Segovia in the second quarter of 2020. The Company also produced 54,573 ounces of silver at Segovia in the second quarter of 2021, up from 41,342 ounces of silver in the second quarter last year. For the first half of 2021, Segovia’s gold and silver production totalled 101,256 ounces and 111,888 ounces, respectively, up from 94,723 ounces of gold and 87,260 ounces of silver in the first half of 2020. Lombardo Paredes, Chief Executive Officer of Gran Colombia, commenting on the Company’s latest results, said, “We have continued...

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Element Fleet partners with Qmerit to simplify the transition to electric vehicles through new charging solutions

TORONTO, July 15, 2021 (GLOBE NEWSWIRE) — Element Fleet Management Corp. (TSX: EFN) (“Element”), the largest pure-play automotive fleet manager in the world, today announced a home charging agreement with Qmerit, a leader in green energy transformation with the largest network of EV charger installers in North America. Through its Charging@Home solution, Qmerit will provide Element clients with seamless end-to-end installations and support of EV chargers at individual [and multi-family] residences. “At Element, we specialize in making the complex simple for our clients in everything we do. With the transition to EVs, this means helping clients navigate considerations such as total cost of ownership trends, tax subsidies, and charging infrastructure for clients’ drivers and electric fleet vehicles,” said Chris Gittens, EVP, Strategic...

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Kirkland Lake Gold Announces Details of Second Quarter 2021 Conference Call and Webcast

TORONTO, July 15, 2021 (GLOBE NEWSWIRE) — Kirkland Lake Gold Ltd. (“Kirkland Lake Gold” or the “Company”) (TSX:KL) (NYSE:KL) (ASX:KLA) today announced that the Company will release its financial and operating results for the second quarter and first half of 2021 after the market close on Wednesday, July 28, 2021, Eastern Time (“ET”). The Company will then host a conference call to review the results on Thursday, July 29, 2021 at 10:00 am ET. Those wishing to join the call can do so using the telephone numbers listed below. The call will also be webcast and available on the Company’s website at www.kl.gold. Date: Thursday, July 29, 2021, 10:00 am ET Conference ID: 6293338 Toll Free Dial-In Number: (833) 968-2183 International Callers: +1 2363892444 Webcast url: https://event.on24.com/wcc/r/3196800/3D2E4464C5F55E8300376F2B49A53D32 About...

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iBio Reports Successful Preclinical Immunization Studies with Next-Gen Nucleocapsid COVID-19 Vaccine Candidate

BRYAN, Texas, July 15, 2021 (GLOBE NEWSWIRE) — iBio, Inc. (NYSEA:IBIO) (“iBio” or the “Company”), a biotech innovator and biologics contract manufacturing organization, today announced that preclinical studies of IBIO-202, its subunit vaccine candidate that targets the nucleocapsid protein (“N protein”) of SARS-CoV-2, demonstrated a robust, antigen-specific, memory T-cell response. Data on commercially available COVID-19 vaccines – all of which target the spike protein (“S protein”) – suggests that neutralizing titers are effective, but likely to wane over time. In addition, the robustness of T-cell priming and cellular immunity achieved by S protein-directed vaccines may not be sufficient to create a durable immune response, especially in the context of emerging variant strains of the virus. In contrast, the N protein...

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Hawkins, Inc. to Release First Quarter Fiscal 2022 Results on July 29, 2021

ROSEVILLE, Minn., July 15, 2021 (GLOBE NEWSWIRE) —  Hawkins, Inc. (Nasdaq: HWKN) announced today that it expects to release its financial results for its first quarter ended June 27, 2021 after the market closes on July 29, 2021 at approximately 4:10 p.m. Eastern Time.  About Hawkins, Inc. Hawkins, Inc. was founded in 1938 and is a leading specialty chemical company that distributes, blends and manufactures chemicals and other specialty ingredients for its Industrial, Water Treatment, and Health & Nutrition customers.  Headquartered in Roseville, Minnesota, and with 46 facilities in 22 states, the Company creates value for its customers through superb customer service and support, quality products and personalized applications.  Hawkins, Inc. generated $597 million of revenue in fiscal 2021 and has approximately 750 employees. ...

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