German American Bancorp, Inc. and Citizens Union Bancorp of Shelbyville, Inc. Announce Definitive Merger Agreement

Written by Customer Service on September 20, 2021. Posted in Mergers And Acquisitions.

JASPER, Ind., Sept. 20, 2021 (GLOBE NEWSWIRE) — German American Bancorp, Inc. (Nasdaq: GABC) (“German American”) and Citizens Union Bancorp of Shelbyville, Inc. (“CUB”) announced today that they have entered into a definitive agreement to merge CUB into German American. Upon completion of the transaction, CUB’s subsidiary bank, Citizens Union Bank of Shelbyville, Inc., will be merged into German American’s subsidiary bank, German American Bank. Under terms of the definitive agreement, CUB common shareholders will receive a fixed exchange ratio of 0.7739 shares of German American common stock for each share of CUB in a tax-free exchange, and a cash payment of $13.44 per CUB share. Based on the number of CUB common shares expected to be outstanding at closing, German American would issue approximately 2.9 million shares of its common...

XORTX Therapeutics Announces Share Consolidation

Written by Customer Service on September 20, 2021. Posted in Public Companies.

CALGARY, Alberta, Sept. 20, 2021 (GLOBE NEWSWIRE) — XORTX Therapeutics Inc. (“XORTX” or the “Company”) (CSE: XRX) (OTCQB: XRTXF), a pharmaceutical therapeutics company focused on developing innovative therapies to treat progressive kidney disease, announces that further to its news release dated August 13, 2021 the Company will complete a share consolidation of the issued and outstanding common shares of the Company on the basis of 11.74 pre-consolidation common shares for each one (1) post-consolidation common share (the “Share Consolidation”), as approved at the meeting of shareholders held on September 2, 2021. No fractional common shares will be issued in connection with the Share Consolidation. In the event a holder of common shares would otherwise be entitled to receive a fractional common share in connection...

CUMULUS MEDIA Releases New Investor Presentation

Written by Customer Service on September 20, 2021. Posted in Public Companies.

Announces Participation in Deutsche Bank 29th Annual Leveraged Finance Conference ATLANTA, Sept. 20, 2021 (GLOBE NEWSWIRE) — Cumulus Media Inc. (NASDAQ: CMLS) announced today that it has released a new investor presentation, which can be found on its website at www.cumulusmedia.com/investors. A virtual video presentation is available via ChannelChek as part of Noble Capital Markets’ C-Suite Interview Series via the following link: Investor Presentation Video. Access to the virtual video presentation is free of charge and open to the public. Mary G. Berner, President and Chief Executive Officer of CUMULUS MEDIA, said, “This presentation gives both existing and new investors a deeper understanding of our multi-year strategic repositioning from a one-dimensional radio company to a multi-dimensional, audio-first media company with...

O2Gold Intercepts 20 g/t Au at the Main Aurora Vein, Which Has a Projected Extension of at Least 700 Meters, at Only 97 Meters of Depth

Written by Customer Service on September 20, 2021. Posted in Public Companies.

Figure 1 Section C with AUR-21-001 sampling and results, as well as the trajectory of the completed AUR-21-003 hole Figure 2 Drill cores of AUR-21-001 where it intercepted the main Aurora vein, showing 0.7m @ 20.11 g/t Au and 3.30 g/t Ag from 97.4 m. TORONTO, Sept. 20, 2021 (GLOBE NEWSWIRE) — O2Gold Inc. (“O2Gold” or the “Company”) (TSXV: OTGO) is pleased to report high-grade gold-silver intercepts from its first drill hole at the Aurora Tunnel in Colombia, where the Company has exploitation and production permits. Key Highlights Hole AUR-21-001 targeted down-dip extensions of high-grade gold-silver mineralization indicated by rock chip sampling and prior artisanal production at the Aurora Tunnel. A mineralized interval was encountered (reported as downhole intervals) with the following results: 1.6...

SP Plus Corporation Announces Participation in the Sidoti Fall 2021 Virtual Small Cap Conference

Written by Customer Service on September 20, 2021. Posted in Public Companies.

CHICAGO, Sept. 20, 2021 (GLOBE NEWSWIRE) — SP Plus Corporation (Nasdaq:SP), a leading provider of technology-driven mobility solutions for aviation, commercial, hospitality and institutional clients throughout North America, today announced its participation in the Sidoti Fall 2021 Virtual Small Cap Conference. Marc Baumann, Chairman and Chief Executive Officer, and Kris Roy, Chief Financial Officer, will present at 3:00 p.m. CDT (4:00 p.m. EDT) on Wednesday, September 22. A live audio webcast of the presentation will be available here. A replay will be available for three months following the conference. Management will also host investor meetings at this conference. About SP+ SP+ facilitates the efficient movement of people, vehicles and personal belongings with the goal of enhancing the consumer experience while improving bottom...

Shell signs agreement to sell Permian interest for $9.5 billion to ConocoPhillips

Written by Customer Service on September 20, 2021. Posted in Public Companies.

HOUSTON (September 20, 2021) − Shell Enterprises LLC, a subsidiary of Royal Dutch Shell plc, has reached an agreement for the sale of its Permian business to ConocoPhillips, a leading shales developer in the basin, for $9.5 billion in cash. The transaction will transfer all of Shell’s interest in the Permian to ConocoPhillips, subject to regulatory approvals. “After reviewing multiple strategies and portfolio options for our Permian assets, this transaction with ConocoPhillips emerged as a very compelling value proposition,” said Wael Sawan, Upstream Director. “This decision once again reflects our focus on value over volumes as well as disciplined stewardship of capital. This transaction, made possible by the Permian team’s outstanding operational performance, provides excellent value to our shareholders through accelerating...

iBio to Participate in the Cantor 2021 Virtual Global Healthcare Conference

Written by Customer Service on September 20, 2021. Posted in Public Companies.

BRYAN, Texas, Sept. 20, 2021 (GLOBE NEWSWIRE) — iBio, Inc. (NYSEA:IBIO) (“iBio” or the “Company”), a developer of next-generation biopharmaceuticals and pioneer of the sustainable, plant-based FastPharming Manufacturing System®, today announced that the Company’s Chairman & CEO, Tom Isett, and its CSO, Martin Brenner, DVM, Ph.D., will participate in a fireside chat at the Cantor Virtual Global Healthcare Conference on Monday, September 27, 2021 at 10:00 a.m. Eastern Time. The fireside chat will be broadcast live and archived on the Company’s website at www.ibioinc.com under “News & Events” in the Investors section. About iBio, Inc. iBio is a developer of next-generation biopharmaceuticals and a pioneer in sustainable, plant-based biologics manufacturing. Its FastPharming System® combines vertical farming,...

InterDigital to Present at the Sidoti Fall Virtual Small Cap Conference

Written by Customer Service on September 20, 2021. Posted in Public Companies.

WILMINGTON, Del., Sept. 20, 2021 (GLOBE NEWSWIRE) — InterDigital, Inc. (NASDAQ:IDCC), a mobile and video technology research and development company, today announced that the company will be presenting at the Sidoti Fall Virtual Small Cap Conference on September 22, 2021 at 1:00 PM ET. The event will be webcast live and an archived replay of the presentation will also be available following the conference. For more information, please visit the Investors section of the company’s website closer to the event. About InterDigital® InterDigital develops mobile and video technologies that are at the core of devices, networks, and services worldwide. We solve many of the industry’s most critical and complex technical challenges, inventing solutions for more efficient broadband networks, better video delivery, and richer multimedia experiences...

W. R. Grace Holdings LLC and W. R. Grace & Co. Announce Final Results of Exchange Offers and Consent Solicitations

Written by Customer Service on September 20, 2021. Posted in Mergers And Acquisitions.

NEW YORK, Sept. 20, 2021 (GLOBE NEWSWIRE) — W. R. Grace Holdings LLC (formerly known as Gibraltar Acquisition Holdings LLC) (“Holdings”) and W. R. Grace & Co. (NYSE: GRA) (“Grace”) today announced the final results of the previously announced offers to eligible holders to exchange (each, an “Exchange Offer” and collectively, the “Exchange Offers”) any and all outstanding notes issued by W. R. Grace & Co.-Conn. (the “Grace Issuer”) as set forth in the table below (the “Existing Grace Notes”) for (1) up to $1,050,000,000 aggregate principal amount of new notes issued by Holdings (the “New Secured Notes”) and (2) cash, and related consent solicitations (each, a “Consent Solicitation” and, collectively, the “Consent Solicitations”) to adopt certain proposed amendments to each of the indentures governing the Existing Grace...

Kearny Financial Corp. Announces Completion of 5% Stock Repurchase Plan

Written by Customer Service on September 20, 2021. Posted in Public Companies.

FAIRFIELD, N.J., Sept. 20, 2021 (GLOBE NEWSWIRE) — Kearny Financial Corp. (NASDAQ GS: KRNY) (the “Company”), the holding company for Kearny Bank, announced today the completion of its previously disclosed stock repurchase plan which authorized the repurchase of 4,064,649 shares. Such shares were repurchased at a cost of $50.5 million, or $12.43 per share. About Kearny Financial Corp.Kearny Financial Corp. is the parent company of Kearny Bank which operates from its administrative headquarters in Fairfield, New Jersey, and a total of 48 retail branch offices located throughout northern and central New Jersey and Brooklyn and Staten Island, New York. At June 30, 2021, Kearny Financial Corp. had approximately $7.3 billion in total assets. Statements contained in this news release that are not historical facts are forward-looking statements...

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