Consolidated Uranium Closes the Acquisition of the High-Grade Matoush Uranium Project in Quebec, Canada

Written by Customer Service on August 19, 2021. Posted in Mergers And Acquisitions.

TORONTO, Aug. 19, 2021 (GLOBE NEWSWIRE) — Consolidated Uranium Inc. (“CUR”, the “Company” or “Consolidated Uranium”) (TSXV: CUR) (OTCQB: CURUF) is pleased to announce that it has closed the previously announced acquisition (the “Acquisition”) of a 100% undivided interest in the high-grade Matoush Uranium Project (“Matoush” or the “Property”) located in the Province of Quebec, Canada. Key Points: High-Grade and Substantial Historic Resources – Based on a press release issued by Strateco Resources Inc. (“Strateco”) on December 7, 2012, Matoush was considered to have the following historical Mineral Resources: Indicated Mineral Resources of 586,000 t at an average grade of 0.954% containing 12.329 m lbs of U3O8 Inferred Mineral Resources of 1,686,000 t at an average grade of 0.442% containing 16.44 m lbs of U3O8 This historical...

Koss Corporation Q4 Net Sales Jump 37%, Closing Fiscal Year with a 7% Gain

Written by Customer Service on August 19, 2021. Posted in Earnings Releases And Operating Results.

MILWAUKEE, Aug. 19, 2021 (GLOBE NEWSWIRE) — Koss Corporation (NASDAQ SYMBOL: KOSS), the U.S. based high-fidelity headphone company, has reported its results for the fourth quarter ended June 30, 2021. Sales for the fourth quarter were $5,420,471, which is a 37.3% increase from sales of $3,948,968 for the same three month period one year ago. The three month net income was $331,943, compared to net income of $158,238 for the fourth quarter last year. Basic income per common share for the quarter was $0.04 compared to basic income per common share of $0.02 for the three month period one year ago. Diluted income per common share for the quarter was $0.03 compared to diluted income per common share of $0.02 for the three month period one year ago. “This year we saw solid improvements across a number of distinct channels. Export...

POET Technologies Reports Second Quarter 2021 Financial Results

Written by Customer Service on August 19, 2021. Posted in Earnings Releases And Operating Results.

Annual General and Special Meeting of Shareholders to be Held Virtually on October 7 TORONTO, Aug. 19, 2021 (GLOBE NEWSWIRE) — POET Technologies Inc. (“POET” or the “Company”) (TSX Venture: PTK; OTCQX: POETF), the designer and developer of the POET Optical Interposer™ and Photonic Integrated Circuits (PICs) for the data center and tele-communication markets, today reported its unaudited condensed consolidated financial results for the second quarter ended June 30, 2021. The Company’s financial results as well as the Management’s Discussion and Analysis have been filed on SEDAR. All financial figures are in United States dollars (“USD”) unless otherwise indicated. Second Quarter Financial (non-IFRS) and Recent Business Highlights: The Company continued to execute on its stated strategic plan during the second quarter and achieved...

Pilgrim’s Pride Upsizes and Prices its Senior Unsecured Notes Offering; Receives Positive Outlook from S&P Global

Written by Customer Service on August 19, 2021. Posted in Public Companies.

GREELEY, Colo., Aug. 19, 2021 (GLOBE NEWSWIRE) — Pilgrim’s Pride Corporation (NASDAQ: PPC) (the “Company”) announced the pricing of senior unsecured notes for an aggregate principal amount of $900.0 million (the “Notes”). The Notes due in 2032 will be issued at a price of 100% of the aggregate principal amount reflecting a yield to maturity of 3.50%. The aggregate principal amount of the Notes offered was upsized from $750.0 million due to significant investor demand for the Notes. The sale of the Notes is expected to close on September 2, 2021, subject to customary closing conditions. Each of the Company’s domestic wholly-owned restricted subsidiaries that guarantee the Company’s secured credit facility will guarantee the Notes. Prior to the offering of the Notes, S&P Global announced that due to the...

360 DigiTech Announces Second Quarter 2021 Unaudited Financial Results

Written by Customer Service on August 19, 2021. Posted in Earnings Releases And Operating Results.

SHANGHAI, Aug. 19, 2021 (GLOBE NEWSWIRE) — 360 DigiTech, Inc. (QFIN) (“360 DigiTech” or the “Company”), a leading financial technology platform in China, today announced its unaudited financial results for the second quarter ended June 30, 2021. Second Quarter 2021 Business Highlights As of June 30, 2021, our digital platform has connected 108 financial institutional partners and 175.9 million consumers*1 with potential credit needs, cumulatively, an increase of 18.1% from 149.0 million a year ago. Cumulative users with approved credit lines*2 was 34.7 million as of June 30, 2021, an increase of 25.3% from 27.7 million as of June 30, 2020. Cumulative borrowers with successful drawdown, including repeat borrowers was 22.3 million as of June 30, 2021, an increase of 25.3% from 17.8 million as of June 30, 2020. In the second quarter...

Southern States Bancshares Announces Exercise and Closing of Over-Allotment Option for Initial Public Offering

Written by Customer Service on August 19, 2021. Posted in Public Companies.

ANNISTON, Ala., Aug. 19, 2021 (GLOBE NEWSWIRE) — Southern States Bancshares, Inc. (NASDAQ: SSBK) (“Southern States”), the holding company for Southern States Bank, an Alabama state-chartered commercial bank (the “Bank”), announced today that the underwriters for Southern States’ initial public offering exercised in full their option to purchase 300,000 additional shares of common stock from Southern States at the initial public offering price of $19.00 per share, less underwriting discounts and commissions. The closing of the over-allotment option occurred today, and as a result, Southern States received a total of approximately $21.1 million in the initial public offering, after deducting underwriting discounts and commissions and estimated offering expenses. Southern States expects to use the net proceeds for general corporate...

Acquisition of Subordinate Voting Shares of OOOOO Entertainment Commerce Limited

Written by Customer Service on August 19, 2021. Posted in Public Companies.

VANCOUVER, British Columbia, Aug. 19, 2021 (GLOBE NEWSWIRE) — Kameen Limited (“Kameen“) announced today that it has filed an early warning report under National Instrument 62-103 in connection with the closing of the previously announced qualifying transaction (the “Transaction“) of OOOOO Entertainment Commerce Limited (formerly Evermount Ventures Inc.) (“OOOOO Entertainment Commerce“). Pursuant to the Transaction, among other things, in exchange for its ordinary shares in Video Commerce Group Limited, Kameen received an aggregate of 8,477,058 subordinate voting shares of OOOOO Entertainment Commerce (the “Subordinate Voting Shares“), representing 13.8% of the issued and outstanding Subordinate Voting Shares. Prior to the Transaction, Kameen did not hold any Subordinate Voting Shares...

Sprout Social to Host 2021 Investor Day

Written by Customer Service on August 19, 2021. Posted in Public Companies.

CHICAGO, Aug. 19, 2021 (GLOBE NEWSWIRE) — Sprout Social, Inc. (“Sprout Social”, the “Company”) (Nasdaq: SPT), an industry-leading provider of cloud-based social media management software, today announced that it will host its first investor day on Wednesday, September 22, 2021 beginning at 9am CT. Please join our executive team for a discussion of the vision, people and product that we believe will strengthen our foundation and position the company to capitalize on a large and growing opportunity ahead. Registration for the virtual-only event can be found at http://sproutsocial.com/investor-day and the event will also be webcast live in this location. Following the presentation, an archived replay will be made available at http://investors.sproutsocial.com. About Sprout Social Sprout Social offers deep social media listening and...

Wabash National Corporation Announces $150 Million Increase to Stock Repurchase Program

Written by Customer Service on August 19, 2021. Posted in Public Companies.

LAFAYETTE, Ind., Aug. 19, 2021 (GLOBE NEWSWIRE) — Wabash National Corporation (NYSE: WNC) today announced that its Board of Directors has authorized the company to repurchase up to an additional $150 million of its common stock through August 2024, representing approximately 20 percent of the company’s current market capitalization. This is an increase to the existing repurchase program approved in November 2018, of which approximately $1 million was available as of August 19, 2021. Brent Yeagy, president and chief executive officer, said, “Since 2015, we have returned approximately $360 million to our stockholders through discretionary repurchase authorizations. This is the largest stock repurchase authorization in the company’s history and reflects the level of confidence we have in our strategic plan, our ability to deliver...

Constellation Brands to Present Virtually at the Barclays Global Consumer Staples Conference on September 8, 2021

Written by Customer Service on August 19, 2021. Posted in Public Companies.

VICTOR, N.Y., Aug. 19, 2021 (GLOBE NEWSWIRE) — Constellation Brands, Inc. (NYSE: STZ and STZ.B), a leading beverage alcohol company, announced today that Garth Hankinson, chief financial officer, will present virtually at the 2021 Barclays Global Consumer Staples Conference on Wednesday, September 8, 2021. The presentation is scheduled to begin at noon ET and is expected to cover the company’s strategic business initiatives, financial metrics, operating performance, as well as outlook for the future. A live, listen-only webcast of the virtual presentation will be available on the company’s website, which can be accessed at www.cbrands.com, under the Investors/Events & Presentations section. When the presentation begins, financial information discussed in the presentation, and a reconciliation of reported (GAAP) financial measures...

Day: August 19, 2021

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