CARDIOGENICS HOLDINGS INC. ANNOUNCES LICENSE AGREEMENT AND DIVIDEND DISTRIBUTION

Written by Customer Service on September 3, 2021. Posted in Public Companies.

Caledon, Ontario, Sept. 03, 2021 (GLOBE NEWSWIRE) — CardioGenics Holdings Inc. (OTC PINK: CGNH) (the “Company”)announced today that its subsidiary, CardioGenics Inc. (“CardioGenics”), has entered into a license agreement with Covidgenics Corp., a private company located in Ontario, which grants to Covidgenics an exclusive 10-year global license of the Company’s proprietary technology for its QL Care Analyzer and paramagnetic beads. Under the terms of the license agreement, CardioGenics will receive (a) a royalty equal to 40% of “Net Sales” in connection with any products developed and commercialized by Covidgenics under the license (“Licensed Products”), (b) payments equal to 40% of any non-royalty income from Licensed Products, and (c) 22,500,000 ordinary shares of Covidgenics (the “Covidgenicsshares”). In order to provide the...

First US Bancshares, Inc. Announces Branch Closures at Acceptance Loan Company Subsidiary

Written by Customer Service on September 3, 2021. Posted in Public Companies.

BIRMINGHAM, Ala., Sept. 03, 2021 (GLOBE NEWSWIRE) — First US Bancshares, Inc. (Nasdaq: FUSB) (the “Company”), the parent company of First US Bank (the “Bank”), today announced that, effective immediately, the Bank’s wholly owned subsidiary, Acceptance Loan Company, Inc. (“ALC”), will cease new business development and permanently close its 20 branch lending locations in Alabama and Mississippi to the public. ALC will continue to service its remaining portfolio of loans from its headquarters in Mobile, Alabama, and management will begin to prepare for the subsidiary’s eventual closure. The cessation of new business and closure of ALC’s branch locations was approved by the boards of directors of ALC, the Bank and the Company on August 25, 2021. These efforts are being undertaken by the Company as part of a long-term strategy to reduce...

Verizon Foundation donates $20,000 to support wildfire relief in California

Written by Customer Service on September 3, 2021. Posted in Public Companies.

BASKING RIDGE, N.J., Sept. 03, 2021 (GLOBE NEWSWIRE) — To help communities impacted by the devastating wildfires in California, Verizon Foundation is donating $20,000 to help bolster relief and recovery efforts. The Almanor Foundation will receive $10,000 to aid relief programs benefiting people whose lives have been affected by recent fires. The American Red Cross will also receive $10,000 to assist with California wildfire relief. “We believe that helping our communities recover after a crisis is the right thing to do,” said Steven Keller, consumer vice president for Verizon. “We hope that our support of these local relief programs will help people quickly recover and rebuild their lives.” “We call ourselves the can-do-community, but it is partners like the Verizon Foundation that allow us to step-up and do the things we need...

Acceleware Announces Option Grant

Written by Customer Service on September 3, 2021. Posted in Public Companies.

CALGARY, Alberta, Sept. 03, 2021 (GLOBE NEWSWIRE) — Acceleware® Ltd. (“Acceleware” or the “Corporation”) (TSX-V: AXE), as of August 31, 2021, has granted stock options to acquire up to 2,179,466 common shares of the Corporation to certain of its employees, consultants, officers and directors. The options have an exercise price of $0.29 per common share and expire on August 31, 2026. Of the 2,179,466 options granted, 841,000 shall vest on the first anniversary of the grant date, 841,000 shall vest on the second anniversary of the grant date, 248,733 shall vest when the share price of the common shares of the Corporation closes at or above $0.365 for ten consecutive trading days, and 248,733 shall vest when the share price of the common shares of the Corporation closes at or above $0.435 for ten consecutive trading days. The Corporation’s...

Tandy Leather Factory Files 2020 Financial Information

Written by Customer Service on September 3, 2021. Posted in Public Companies.

FORT WORTH, Texas, Sept. 03, 2021 (GLOBE NEWSWIRE) — Tandy Leather Factory, Inc. (Pink: TLFA) today announced that it has filed with the Securities and Exchange Commission the Company’s 2020 Annual Report on Form 10-K and Quarterly Reports for the first, second and third quarters of 2020. The Company continues to work diligently on completing as soon as possible its quarterly reports for the first and second quarters of 2021. The Company’s full year sales were $64.1 million in 2020, down from $74.9 million in 2019. Operating expenses fell to $41.3 million from $43.6 million in 2019. Net loss was $4.9 million in 2020 compared to net loss of $1.9 million in 2019 and included non-cash impairment expense of $1.1 million in 2020 and $1.0 million in 2019. As of December 31, 2020, the Company held $10.3 million of cash and cash equivalents,...

Grupo Aeroportuario del Pacifico Reports in August 2021 a Passenger Traffic Decrease of 2.0% Compared to 2019 (Increase of 101.7% Compared to 2020)

Written by Customer Service on September 3, 2021. Posted in Public Companies.

GUADALAJARA, Mexico, Sept. 03, 2021 (GLOBE NEWSWIRE) — Grupo Aeroportuario del Pacífico, S.A.B. de C.V., (NYSE: PAC; BMV: GAP) (“the Company” or “GAP”) announces preliminary terminal passenger traffic figures for the month of August 2021, which includes comparisons with the 2019 and 2020 figures to facilitate the reading and understanding of the passenger traffic trend. For August 2021, the total number of terminal passengers at GAP’s 12 Mexican airports decreased by 1.9%, compared to the same period of 2019. Tijuana, Los Cabos and Puerto Vallarta presented an increase in passenger traffic of 13.8%, 8.9% and 2.0%, respectively, while the Guadalajara and Guanajuato airports presented a decrease of only 13.0% and 15.0%, respectively, which demonstrates a positive trend in our Mexican airports. In relation to international travel...

MoneyLion Announces Effectiveness of S-4 Registration Statement for Proposed Business Combination with Fusion Acquisition Corp. (NYSE: FUSE)

Written by Customer Service on September 3, 2021. Posted in Mergers And Acquisitions.

Special meeting of Fusion Acquisition Corp. shareholders to approve the proposed business combination to be held on September 21, 2021 at 9:00 a.m. Eastern Time NEW YORK, Sept. 03, 2021 (GLOBE NEWSWIRE) — MoneyLion, Inc. (“MoneyLion”), an award-winning, data-driven, digital financial platform, today announced that the U.S. Securities and Exchange Commission (“SEC”) has declared effective the registration statement on Form S-4 relating to MoneyLion’s previously announced proposed business combination (the “Business Combination”) with Fusion Acquisition Corp. (NYSE: FUSE) (“Fusion”). Fusion intends to file its definitive proxy statement/prospectus (the “Proxy Statement/Prospectus”) relating to the Business Combination on September 3, 2021, and a special meeting of Fusion shareholders will be held at 9:00 a.m....

Canoe EIT Income Fund Announces September 2021 Distribution

Written by Customer Service on September 3, 2021. Posted in Dividend Reports And Estimates.

CALGARY, Alberta, Sept. 03, 2021 (GLOBE NEWSWIRE) — Canoe EIT Income Fund (the “Fund”) (TSX – EIT.UN) announces the September 2021 distribution of $0.10 per unit. The distribution will be paid on October 15, 2021 to unitholders of record on September 22, 2021. The ex-distribution date for this distribution is September 21, 2021. About Canoe EIT Income FundCanoe EIT Income Fund is one of Canada’s largest closed-end investment funds, designed to maximize monthly distributions and capital appreciation by investing in a broadly diversified portfolio of high quality securities. The Fund is listed on the TSX under the symbols EIT.UN, EIT.PR.A and EIT.PR.B, and is actively managed by Robert Taylor, Portfolio Manager and Head of Equities, Canoe Financial. About Canoe Financial Canoe Financial is one of Canada’s fastest growing independent...

EverGen Infrastructure Corp. Announces Closing of Over-Allotment Option

Written by Customer Service on September 3, 2021. Posted in Public Companies.

Not for distribution to U.S. news wire services or dissemination in the U.S. VANCOUVER, British Columbia, Sept. 03, 2021 (GLOBE NEWSWIRE) — EverGen Infrastructure Corp. (“EverGen” or the “Company”) announces that the underwriters of its recently completed initial public offering (the “Offering”) have partially exercised the over-allotment option resulting in the issuance of an additional 231,000 common share purchase warrants (each, an “Additional Warrant”) for additional gross proceeds to the Company of $83,160. The partial exercise of the over-allotment option increases the total aggregate gross proceeds of the Offering to $20,103,160 (all figures are in Canadian dollars unless otherwise stated). Each Additional Warrant entitles the holder thereof to acquire one common share in the capital of the Company (each, a “Common Share”)...

Petrus Provides Transaction Update

Written by Customer Service on September 3, 2021. Posted in Public Companies.

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR RELEASE, PUBLICATION, DISTRIBUTION OR DISSEMINATION DIRECTLY, OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES CALGARY, Alberta, Sept. 03, 2021 (GLOBE NEWSWIRE) — Petrus Resources Ltd. (“Petrus” or the “Company“) (TSX: PRQ) is pleased to announce that, further to its news release dated August 30, 2021 with respect to its intention to complete a series of transactions (the “Transactions”) that will reduce the Company’s total debt by approximately $49 million through the issuance of $25.8 million of Petrus shares at $0.55 per share and extend the maturity date of the Company’s senior secured credit facility (the “First Lien Loan“), the Toronto Stock Exchange (the “TSX“) has consented to Petrus’ application for...

Day: September 3, 2021

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