Day: July 29, 2021

Mined Ether to be Held in Treasury as Sysorex Positions for Ethereum 2.0 HERNDON, Va., July 29, 2021 (GLOBE NEWSWIRE) — Sysorex, Inc. (“Company”) (OTCQB: SYSX), a data center owner and operator and the preeminent U.S.-based, publicly traded Ethereum mining and Ethereum Blockchain technologies company, today announced that it has completed the purchase of 1,344 Nvidia CMP V100 Class GPUs (“GPUs”) from CoreWeave, Inc. (“CoreWeave”). With the GPUs contributing approximately 125 Gigahash of computing power, or mining capacity, Sysorex now has the ability to aggregate approximately 20% more Ether (ETH), the cryptocurrency fueling the Ethereum Blockchain. The Company also announced its plans to retain mined ETH in treasury, potentially further augmenting its balance sheet. On April 1, 2021, Sysorex and CoreWeave executed a $2,250,000...

WALLACE, Idaho, July 29, 2021 (GLOBE NEWSWIRE) — via NewMediaWire — Magellan Gold Corporation (OTCQB: MAGE) (“Magellan” or the “Company”), a US focused precious metals exploration and development company, is pleased to announce it retained RedChip Companies, Inc. (“RedChip”) to lead its investor relations efforts. “We’re entering an exciting phase of our business lifecycle, and with the massive potential that lies ahead, it’s important we effectively communicate our achievements to the investment community,” said Mike Lavigne, President of Magellan. “After comparing the alternatives, we selected RedChip to help increase our visibility amongst investors because they have an impeccable reputation and a multi-decade track record of results. We look forward to a beneficial...

DUBLIN, Ga., July 29, 2021 (GLOBE NEWSWIRE) — Morris State Bancshares, Inc. (OTCQX: MBLU) (the “Company”), the parent of Morris Bank, today announced net income of $5.5 million for the quarter ended June 30, 2021, representing an increase of $241 thousand, or 4.62%, compared to net income of $5.2 million for the quarter ended March 31, 2021. The company also announced diluted earnings per share of $2.60 for quarter, representing a 4.42% increase over diluted earnings per share of $2.49 for prior quarter. Net earnings were slightly higher quarter over quarter because of lower provisioning for income taxes due to the company’s investment in certain tax credits. “In the second quarter, we generated net interest income of $13.3 million, just below the first quarter’s level of $13.6 million” said Spence Mullis, President and CEO. “As...

ATHENS, Greece, July 29, 2021 (GLOBE NEWSWIRE) — EuroDry Ltd. (NASDAQ: EDRY) (the “Company”), an owner and operator of drybulk vessels and provider of seaborne transportation for drybulk cargoes, announced that it will release its financial results for the second quarter ended June 30, 2021 on Wednesday, August 4, 2021 after market closes in New York. On the next day, Thursday, August 5, 2021 at 9:30 a.m. Eastern Time, the Company’s management will host a conference call and webcast to discuss the results. Conference Call details:Participants should dial into the call 10 minutes before the scheduled time using the following numbers: 1 (877) 553-9962 (US Toll Free Dial In), 0(808) 238- 0669 (UK Toll Free Dial In) or +44(0) 2071 928592 (Standard International Dial In). Please quote “EuroDry” to the operator. To...

Preferred Equity Investment Supports FirstDigital’s Acquisition of Veracity Networks and Broader Expansion NEW YORK, July 29, 2021 (GLOBE NEWSWIRE) — Apollo Global Management, Inc. (NYSE: APO) (together with its consolidated subsidiaries, “Apollo”) today announced that funds managed by its affiliates (the “Apollo Funds”) have agreed to invest $200 million of preferred equity in FirstDigital Telecom (“FirstDigital” or the “Company”), a leading fiber-based carrier in the western United States. The strategic investment will support FirstDigital’s growth strategy, inclusive of its recent acquisition of Veracity Networks LLC, a transaction that will position the Company as the largest fiber operator in Utah. In addition, the investment will provide the Company with liquidity to fund its longer-term growth plans. “FirstDigital is a leading...

NASHVILLE, Tenn., July 29, 2021 (GLOBE NEWSWIRE) — CapStar Financial Holdings, Inc. (“CapStar”, the “Company”) (NASDAQ: CSTR) today announced that Tim Schools, President and CEO, Denis Duncan, Chief Financial Officer, Kevin Lambert, Chief Credit Officer, and Chris Tietz, Chief Credit Policy Officer, will participate in the Virtual KBW Community Bank Investor Conference on August 3, 2021. A copy of the investor presentation to be used will be available prior to the event on the Events and Presentations page in the Investor Relations section of the Company’s website at www.capstarbank.com. ABOUT CAPSTAR FINANCIAL HOLDINGS, INC.CapStar Financial Holdings, Inc. is a bank holding company headquartered in Nashville, Tennessee and operates primarily through its wholly owned subsidiary, CapStar Bank, a Tennessee-chartered state bank. CapStar...

London, UK, July 29, 2021 (GLOBE NEWSWIRE) — Link Reservations Inc. (OTC Pink: LRSV) (the “Company”), a provider of medicinal mushroom and cannabidiol (CBD) wellness products for both humans and pets, announces it is preparing to develop & launch its second functional mushroom product via its subsidiary DailyLife CBD. The new tincture product, tailored for people, will feature both CBD and a wide spectrum of functional mushrooms (including Lion’s Mane & Shiitake) which potentially can help the body with a better response to stress and anxiety. The new product when fully developed & launched for sale will be our 2nd mushroom wellness product for humans. Our first mushroom product can be purchased for sale on DailyLifeCBD.com utilizing #BTC/#Crypto and traditional forms of payment. Our expectation is to be done with...

LOS ANGELES CALIFORNIA, July 29, 2021 (GLOBE NEWSWIRE) — GTX Corp (OTC: GTXO) (“the Company”), a pioneer in the field of location based wearable GPS human and asset tracking systems and a supplier of Health and Safety personal protective medical equipment, today announced it has increased its on hand inventory of Personal Protective Equipment (“PPE”) and kids face masks in preparation for the upcoming school season, as lawmakers across the U.S. start to reimpose COVID mask rules and telling Americans once again to wear masks indoors as the uber-contagious Delta variant continues to wreak havoc around the country. GTX Corp has been positioning itself to provide children and young adult students with specialized PPE for them to return to school safely. Children have different needs than adults and want masks that are properly sized,...

CarLotz PlanoCarLotz is coming soon to Plano.Consignment-to-Retail Auto Company Plans New Hub to Serve Dallas Market RICHMOND, Va., July 29, 2021 (GLOBE NEWSWIRE) — CarLotz (NASDAQ: LOTZ), the nation’s largest consignment-to-retail used vehicle marketplace, announced today it will open a second hub in Texas. Located at 1001 Preston Road in Plano, the hub will provide CarLotz’s guests in the greater Dallas area with easy access to its service, value, and inventory. The hub is expected to open later this year. “I am so grateful to our guests in Texas for really understanding the value CarLotz delivers as a peer-to-peer marketplace, a great place to buy a car, an innovative way to sell a car, and a business totally focused on the guest experience,” said Michael Bor, Co-Founder and CEO of CarLotz. “Our expansion from...

2021 Second Quarter and Year-To-Date HighlightsNet income for the three months and quarter ended June 30, 2021, totaled $8,508,000, which is an increase of $2,711,000 or 46.8% over comparable period results for the three months ended June 30, 2020. Basic earnings per share was $0.98 and $0.67 for the three months ended June 30, 2021 and 2020, respectively, which is an increase of $0.31 or 46.3%.Net income for the six months ended June 30, 2021, totaled $15,979,000, with basic earnings per share of $1.83. This reflects an increase of $11,405,000 or 249.3% over comparable period results for the six months ended June 30, 2020. The higher net income for the first half of 2021 was primarily a result of higher fee income and less loan loss provision in 2021, as well as one-time merger expenses related to the acquisition of Frederick County...