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Day: August 27, 2021

Brookfield Infrastructure Announces Acquisition of Approximately 18.4 Million Additional Inter Pipeline Ltd. Common Shares

Brookfield Infrastructure is pleased to announce that it has taken up and paid for an additional 18,369,800 common shares of Inter Pipeline Ltd. (“Inter Pipeline”) tendered to its take-over bid dated February 22, 2021 (as amended, the “Offer”), bringing Brookfield Infrastructure’s ownership of Inter Pipeline’s common shares to 73.0% Brookfield Infrastructure’s mandatory extension to the Offer will remain open until September 3, 2021 at 5:00 p.m. (Mountain Time) Brookfield Infrastructure and Inter Pipeline recommend that remaining Inter Pipeline shareholders tender to the Offer to ensure timely receipt of their chosen form of consideration. Inter Pipeline shareholders who have already tendered do not need to take any further action Questions or Need Assistance? Contact Laurel Hill Advisory Group at 1-877-452-7184 or email assistance@laurelhill.comBROOKFIELD,...

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Community West Bancshares Authorizes Extension to Stock Repurchase Plan

GOLETA, Calif., Aug. 27, 2021 (GLOBE NEWSWIRE) — Community West Bancshares (Community West or the Company), (NASDAQ: CWBC), parent company of Community West Bank (the “Bank”), today announced that its Board of Directors has extended the stock repurchase plan until August 31, 2023. The balance available for common stock repurchase from the authorized $4.5 million is $1,435,783. Stock repurchase may be made from time to time on the open market or through privately negotiated transactions. Company Overview Community West Bancshares is a financial services company with headquarters in Goleta, California. The Company is the holding company for Community West Bank, the largest publicly traded community bank serving California’s Central Coast area of Ventura, Santa Barbara and San Luis Obispo counties. Community West Bank has seven full-service...

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Royal Financial, Inc. Announces Audited Fiscal Year 2021 Fourth Quarter and Year End Earnings Results

CHICAGO, Aug. 27, 2021 (GLOBE NEWSWIRE) — Royal Financial, Inc. (the “Company”) (OTCQX: RYFL), incorporated under the laws of Delaware on December 15, 2004, for the purpose of serving as the holding company of Royal Savings Bank (the “Bank”), announces the audited earnings results and statement of condition for the fiscal year ended 2021. Net income for the fourth quarter of fiscal 2021 was $1.3 million or $0.51 per share, compared to $1.0 million, or $0.41 per share, for the same period in fiscal 2020. Net income for the year ended June 30, 2021, was $5.2 million, or $2.01 per share, compared to $2.0 million, or $0.80 per share in 2020. The Company also reported total assets of $533.7 million and stockholders’ equity of $48.1 million as of June 30, 2021. At June 30, 2021, the book value per common share, shares outstanding of...

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Dynamic Technologies Group Reports Second Quarter Results

SkyFly co-venture opened July 9, 2021. Dynamic holds an option to acquire 50% TORONTO, Aug. 27, 2021 (GLOBE NEWSWIRE) — Dynamic Technologies Group Inc. (TSXV: DTG, OTC:ERILF) ( the “Company”) today reported its unaudited consolidated financial results for the quarter ended June 30, 2021. The consolidated financial statements and MD&A have been filed on SEDAR and can be viewed at sedar.com or at dynamictechgroup.com. “The second quarter involved an intense effort by our Dynamic commissioning team, working on site in Pigeon Forge with our partners, the owners of The Island theme park, to bring all the elements together successfully. We have been very satisfied to see the strong early attendance results and the very positive social media reviews from the opening of SkyFly: Soar America on July 9.” Said Guy Nelson, Executive Chairman...

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Verizon stands ready as Hurricane Ida threatens the storm-battered Gulf

Network operations include preparing for potential commercial power outages and flooding. The Verizon Response Team (VRT) stands at the ready 24/7 to deliver Verizon Frontline technologies to support first responders. NEW YORK, Aug. 27, 2021 (GLOBE NEWSWIRE) — As Hurricane Ida makes its way to the Gulf, Verizon teams in the storm-weary markets prepare to once again provide critical communications before, during and after the storm. The likelihood of potential flooding is high and accompanying commercial outages are expected. Verizon engineers are topping off generators and pre-staging trucks with fuel, readying mobile network assets for rapid deployment, preparing satellite and microwave equipment as redundancy connections if fiber is impacted, and activating response teams to keep customers and first-responders connected. Despite...

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Bone Therapeutics strengthens its financial structure with the implementation of its financing agreement with the European Investment Bank and the reception of a disbursement offer for the first tranche of €8.0 million

REGULATORY INFORMATIONDisbursement offer for the first tranche of €8.0 million, with payment expected in September. Issuance of warrants to the EIB and Patronale Life. Renegotiation of the loan with Patronale Life.Gosselies, Belgium, August 27, 2021, at 9:00 p.m. CEST – BONE THERAPEUTICS (Euronext Brussels and Paris: BOTHE), a biotechnology company focused on the development of innovative cell-based therapies addressing unmet medical needs in orthopedics and other diseases, announced today that it has received a disbursement offer from the European Investment Bank (EIB) for the first €8.0 million tranche of the €16.0 million financing agreement signed in July 2021. The first tranche of €8.0 million will be released in early September 2021. The receipt of the disbursement offer from the EIB for this first tranche follows the...

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Mechanical Technology, Incorporated Announces Initial Dividend for Series A Preferred Stock

ALBANY, NY, Aug. 27, 2021 (GLOBE NEWSWIRE) — via NewMediaWire – Mechanical Technology, Incorporated (“MTI” or the “Company”), (NASDAQ: MKTY), the parent company of EcoChain, Inc. (“EcoChain”), a cryptocurrency mining business powered by renewable energy, and  MTI Instruments, Inc. (“MTI Instruments”), a test and measurement instruments and systems business, today announced that its Board of Directors has declared an initial dividend on its shares of 9.0% Series A Cumulative Perpetual Preferred Stock, par value $0.001 per share (the “Series A Preferred Stock”). The dividend will be payable on September 30, 2021, to holders of the Series A Preferred Stock of record as of the close of business on September 7, 2021, for the period from August 23, 2021 through September 30, 2021. The Company announced the closing of the Series A Preferred...

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Photo Release — Ingalls Shipbuilding Successfully Completes Builder’s Trials for Frank E. Petersen Jr. (DDG 121)

PASCAGOULA, Miss., Aug. 27, 2021 (GLOBE NEWSWIRE) — Huntington Ingalls Industries’ (NYSE: HII) Ingalls Shipbuilding division announced today the successful completion of builder’s trials for guided missile destroyer Frank E. Petersen Jr. (DDG 121). The Arleigh Burke-class destroyer spent three days in the Gulf of Mexico testing the ship’s combat system, which included firing a missile.   “Ingalls, Navy AEGIS Test Team, the Navy ship’s force, the program office, numerous combat systems participating acquisition managers, and Supervisor of Shipbuilding, Conversion and Repair worked together to ensure a successful builder’s trial,” said John Fillmore, Ingalls’ DDG 51 program manager. “A successful builder’s trial sets us up for a final trial prior to delivery. We are proud of the work our shipbuilders have accomplished so far and...

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Kronos Advanced Technologies Inc Announces Livestream Integrated E-Commerce Platform

Parkersburg, WV, Aug. 27, 2021 (GLOBE NEWSWIRE) — KRONOS ADVANCED TECHNOLOGIES, INC. (OTC MARKETS: KNOS) (“KNOS” or the “Company”), an innovation-driven product development and production company that has significantly changed the way air is moved, filtered and sterilized is pleased to announce that the Company has integrated livestream  e-commerce platform, to allow influencers and Kronos product fans to earn income by livestreaming their excitement of the in-person  product experiences and share their positive involvement with the Kronos® air purification products. Kronos is hiring a livestream commerce team to develop this venue. Techcrunch.com recently published an article titled Livestream e-commerce: Why companies and brands need to tune in. “Livestream e-commerce has taken off in China in the last...

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Gaming and Leisure Properties, Inc. Declares Third Quarter 2021 Cash Dividend of $0.67 Per Share

WYOMISSING, Pa., Aug. 27, 2021 (GLOBE NEWSWIRE) — Gaming and Leisure Properties, Inc. (NASDAQ: GLPI) (the “Company”), announced today that the Company’s Board of Directors has declared the third quarter 2021 cash dividend of $0.67 per share of its common stock. The dividend is payable on September 24, 2021 to shareholders of record on September 10, 2021. While the Company intends to pay regular quarterly cash dividends for the foreseeable future, all subsequent dividends will be reviewed quarterly and declared by the Company’s Board of Directors at its discretion. About Gaming and Leisure PropertiesGLPI is engaged in the business of acquiring, financing, and owning real estate property to be leased to gaming operators in triple-net lease arrangements, pursuant to which the tenant is responsible for all facility maintenance, insurance...

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