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Day: July 23, 2021

Greene County Bancorp, Inc. Reports 13th Consecutive Year of Record Net Income for Fiscal Year Ended June 30, 2021

CATSKILL, N.Y., July 23, 2021 (GLOBE NEWSWIRE) — Greene County Bancorp, Inc. (the “Company”) (NASDAQ: GCBC), the holding company for The Bank of Greene County and its subsidiary Greene County Commercial Bank, today reported net income for the quarter and fiscal year ended June 30, 2021. Net income for the quarter and fiscal year ended June 30, 2021 was $7.6 million, or $0.89 per basic and diluted share, and $23.9 million, or $2.81 per basic and diluted share, respectively, as compared to $4.7 million, or $0.55 per basic and diluted share, and $18.7 million, or $2.20 per basic and diluted share, for the quarter and fiscal year ended June 30, 2020, respectively. Net income increased $2.9 million, or 62.0%, when comparing the quarters ended June 30, 2021 and 2020, and increased $5.2 million, or 27.9%, when comparing the fiscal years...

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IZEA Awarded Influencer Marketing Contract by Leading Social Media Platform

Orlando, Florida, July 23, 2021 (GLOBE NEWSWIRE) — IZEA Worldwide, Inc. (NASDAQ: IZEA), the premier provider of influencer marketing technology, data, and services for the world’s leading brands, announced today that it has been awarded a new contract from a leading social media platform to handle an influencer marketing campaign on behalf of a Fortune 100 apparel company. The scope of the initial mid-six figure managed services agreement is for IZEA to provide end-to-end execution of select influencer programs on behalf of the platform and its brand client. “We are thrilled to have been selected by a leading social media platform to execute influencer marketing efforts in partnership with their team,” said Ted Murphy, Founder, Chairman and CEO of IZEA. “We have signed a master services agreement that will enable IZEA to work in...

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Freddie Mac Prices $357 Million Sustainability Bonds Offering of Guaranteed Tax-Exempt ML Certificates

Offering Continues Support for Multifamily Affordable Housing Projects MCLEAN, Va., July 23, 2021 (GLOBE NEWSWIRE) — Freddie Mac (OTCQB: FMCC) recently priced a new offering of credit risk transfer securities backed by Tax-Exempt Loans (TELs) made by state or local housing agencies and secured by affordable rental housing. This is the company’s eleventh ML Certificate offering and fifth ML-Deal with the sustainability bonds moniker. The company expects to guarantee approximately $357 million in fixed- rate ML Certificates (ML-11 Certificates) that are supported by a pool of fixed-rate TELs. The ML-11 Certificates are expected to settle on or about July 29, 2021. The ML-11 Certificates are designated as “sustainability bonds” within Freddie Mac’s Sustainability Bonds Framework. The proceeds will be used to finance multifamily properties...

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FINRA approves XcelPlus International’s 1-to-100 reverse stock split

RENO, NV, July 23, 2021 (GLOBE NEWSWIRE) — XcelPlus International Inc. (OTC PINK: XLPI) today announced a 1-for-100 reverse split of its outstanding common stock. The effective date of the stock split is July 26, 2021. The reverse split initiates a recapitalization action that is part of XcelPlus International’s comprehensive effort to facilitate the acquisition of new technologies, including patents and other intellectual property, to complement the company’s Energy That CleansTM initiative. “Completing this recapitalization will help position XcelPlus as a leader in the waste-to-energy industry” stated Charles Robinson, Chief Executive Officer of XcelPlus International. “We expect to be making several consequential announcements in the near future as we work diligently to bring our Cool PlasmaTM technology to the world.”  Forward...

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Beasley Broadcast Group to Report 2021 Second Quarter Financial Results, Host Conference Call and Webcast on August 5

NAPLES, Fla., July 23, 2021 (GLOBE NEWSWIRE) — Beasley Broadcast Group, Inc. (Nasdaq: BBGI) (“Beasley” or the “Company”), a multi-platform media company, announced today that it will report its 2021 second quarter financial results before the market opens on Thursday, August 5, 2021. The Company will host a conference call and webcast at 11:00 a.m. ET that morning to review the results. To access the conference call, interested parties may dial +1 334-323-0501, conference ID 7839039 (domestic and international callers). Participants can also listen to a live webcast of the call at the Company’s website at www.bbgi.com. Please allow 15 minutes to register and download and install any necessary software. Following its completion, a replay of the webcast can be accessed for five days on the Company’s website, www.bbgi.com. Questions...

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CMUV Announces 2nd Quarter Financial Results and Ranks in the Top 2% of Community Banks in the Country

El Centro, CA, July 23, 2021 (GLOBE NEWSWIRE) — via NewMediaWire — CMUV Bancorp, the holding company for Community Valley Bank, is pleased to announce unaudited Second Quarter results for the quarter ending June 30, 2021. Net Income came in at $1,092,421. The Net Income number equaled $0.47 per share. The Net Income for the first 6 months of 2021 came in at $2,137,875, which is a 47% increase over the first 6 months of 2020. Total Assets reached $276 MM. Total Deposits came in at $240.5 MM. Gross Loans were at $214.6 MM. We ended the Second Quarter 2021 with a Community Bank Leverage Capital ratio of 10.37%. This is well above the ratio required to be considered, a well-capitalized bank. Our Allowance for Loan and Lease Losses ended the quarter at $2,158,681 or 1.20% of total loans, excluding SBA PPP loans that have a 100%...

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NuVista Energy Ltd. Announces Closing of $230 Million Private Placement of Senior Unsecured Notes

CALGARY, Alberta, July 23, 2021 (GLOBE NEWSWIRE) — NuVista Energy Ltd. (“NuVista” or the “Company”) (TSX:NVA) announced today that it has completed its previously announced private placement of $230 million aggregate principal amount of 7.875% senior unsecured notes due July 23, 2026 (the “Notes”). The Notes were offered through a syndicate of underwriters led by CIBC Capital Markets and RBC Capital Markets, as joint book runners, Scotiabank, as co-lead manager, and ATB Capital Markets, BMO Capital Markets and Peters & Co., as co-managers. The Company intends to use the net proceeds of the Notes to fully redeem its $220 million aggregate principal amount of 6.5% senior unsecured notes due March 2, 2023 at a redemption price of 101.625%, plus accrued and unpaid interest. Forward-Looking Information and Statements This...

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Fighting Infectious Diseases on the African Continent

The African continent carries a disproportionately high share of the global infectious disease burden. The extraordinary scientific progress made during the COVID-19 pandemic gives hope in addressing a range of life-threatening infectious diseases. The kENUP Foundation has been working with the World Health Organization, the Africa CDC, the European Commission, the European Investment Bank, BioNTech, and the Bill & Melinda Gates Foundation on sustainable solutions to infectious disease challenges on the continent. For a significant update on this work, the kENUP Foundation invites the public and media representatives to Fighting Infectious Diseases – Focus on Africa on July 26th, 16:00-17:30 CEST Speakers will include:Dr Tedros Adhanom Ghebreyesus, Director-General WHO, and Dr Matshidiso Moeti, WHO Regional Director for Africa Dr...

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USMJ Summer Sales Event- USMJ.com announces yearly Summer Promotion, unique discounts, and a new website experience

Dallas, TX, July 23, 2021 (GLOBE NEWSWIRE) — North American Cannabis Holdings, Inc. (OTC Pink: USMJ) – USMJ.com – launched their yearly summer promotion this past Wednesday with a store wide sale of 20% OFF every product, with an exception of one brand which is a special BOGO offer with a new website experience for customers. A WORD FROM NORTH AMERICAN CANNABIS HOLDINGS, INC. CEO: “We were brainstorming on how we could improve our customers experience this spring,” says Steven Rash, CEO North American Cannabis Holdings, Inc. “One aspect is to leverage a new design for customers to easily find what they are looking for, engage our email subscribers more and provide meaningful discounts for customers” This year USMJ.com asked leveraged subscribers to help promote this on their social channels to get the word out. We’ve...

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BRP Group, Inc. Enters Into Agreement to Acquire The Capital Group

– Adds $12.1 Million1 of Revenue – – Adds Significant Scale and Expertise in the D.C. Metro Region – – Strong Track Record of Growth; +19%2 Year-Over-Year Revenue Growth in 2020 – – Brings BRP Group’s Total Revenue from 2021 Announced Partnerships to $69 Million3 –   TAMPA, Fla., July 23, 2021 (GLOBE NEWSWIRE) — BRP Group, Inc. (“BRP Group” or the “Company”) (NASDAQ: BRP), an independent insurance distribution firm delivering tailored insurance solutions, through its indirect subsidiaries, today has entered into an agreement to acquire substantially all assets of TCG Financial Holding Company, LLC and certain of its subsidiaries (collectively, operating as “The Capital Group”), a Bethesda, Maryland-based provider of employee benefits consulting, retirement consulting, wealth management...

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