Month: July 2021

HOUSTON, July 15, 2021 (GLOBE NEWSWIRE) — Targa Resources Corp. (NYSE: TRGP) (“Targa” or the “Company”) announced its quarterly dividend on common shares and its quarterly dividend on Series A preferred shares with respect to the second quarter of 2021. Targa announced today that its board of directors has declared a quarterly cash dividend of $0.10 per common share, or $0.40 per common share on an annualized basis, for the second quarter of 2021. This cash dividend will be paid August 16, 2021 on all outstanding common shares to holders of record as of the close of business on July 30, 2021. Targa also announced today that its board of directors has declared a quarterly cash dividend of $23.75 per Series A preferred share for the second quarter of 2021. This cash dividend will be paid August 13, 2021 on...

NOT FOR DISTRIBUTION OR DISSEMINATION INTO THE UNITED STATES OR THROUGH U.S. NEWSWIRE SERVICES TORONTO, July 15, 2021 (GLOBE NEWSWIRE) — Media Central Corporation Inc. (“MCC” or the “Company“) (CSE: FLYY) announces that it has issued an aggregate of 14,687,500 common shares of the Company at a deemed price of $0.016 per share to certain service providers in full satisfaction of amounts owing for past services in the aggregate amount of $235,000. Insiders of MCC received an aggregate of 1,562,500 common shares in connection with the issuance. All securities issued are subject to a statutory hold period expiring on November 16, 2021. About Media Central Corporation Inc.Media Central Corporation Inc. (CSE: FLYY, FSE: 3AT) is an alternative media company situated to acquire and develop high-quality publishing...

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...

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...

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...