Day: September 20, 2021

Park Hotels & Resorts Inc. Announces Third Quarter 2021 Earnings Conference Call on November 4, 2021

Written by Customer Service on September 20, 2021. Posted in Earnings Releases And Operating Results.

TYSONS, Va., Sept. 20, 2021 (GLOBE NEWSWIRE) — Park Hotels & Resorts Inc. (NYSE: PK) (“Park”) today announced that it plans to report financial results for the third quarter 2021 after the stock market closes on Wednesday, November 3, 2021. Park will hold a conference call on Thursday, November 4, 2021 at 11:00 a.m. Eastern Time (ET) to discuss its earnings results, current operational environment and business outlook. The conference call will be accessible by telephone and through the internet. Interested individuals are invited to participate by following these steps: Telephone:Please dial (877) 451-6152, or (201) 389-0879 for international participants, and request Park Hotels & Resorts’ Third Quarter 2021 Earnings Conference Call. It is recommended that participants dial in 10 minutes ahead of the scheduled start...

APA Corporation Increases Cash Dividend on Common Shares

Written by Customer Service on September 20, 2021. Posted in Dividend Reports And Estimates.

HOUSTON, Sept. 20, 2021 (GLOBE NEWSWIRE) — The board of directors of APA Corporation (Nasdaq: APA) has declared a regular cash dividend on the company’s common shares, increasing the quarterly dividend rate to 6.25 cents per share, up from 2.5 cents per share. The dividend on APA common shares is payable Nov. 22, 2021, to stockholders of record on Oct. 22, 2021. On an annualized basis, the dividend increases to 25 cents per share, up 150% from the previous annualized level of 10 cents per share. “APA’s dividend increase represents a prudent first step on our path to returning a higher percentage of cash flow to our shareholders. This follows the considerable progress we are making this year on debt reduction. The new dividend returns an additional $57 million to our shareholders annually, an amount that is more than funded...

StepStone Group Completes Acquisition of Greenspring Associates

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

Transaction Adds More Than $9 Billion in Fee-earning Assets under Management Combined Firm Has More Than $100 Billion of Assets under Management NEW YORK, Sept. 20, 2021 (GLOBE NEWSWIRE) — StepStone Group Inc. (Nasdaq: STEP), a global private markets investment firm, today announced that it has completed its previously announced acquisition of Greenspring Associates, a leading venture capital and growth equity platform. The transaction adds $9.5 billion of fee-earning assets under management and $18.9 billion of assets under management, as of June 30, 2021. “We are pleased to complete this acquisition ahead of schedule and are thrilled to integrate the Greenspring team into our organization,” said Scott Hart, StepStone’s Co-CEO. “The addition of Greenspring expands our leadership in private markets solutions, provides added scale...

Great Elm Capital Corp. Announces Acquisition of Majority Interest in Lenders Funding, LLC

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

WALTHAM, Mass., Sept. 20, 2021 (GLOBE NEWSWIRE) — Great Elm Capital Corp. (“we,” “us,” “our,” or “GECC,”) (NASDAQ: GECC), a business development company, today announced that it has acquired a majority equity interest in Lenders Funding, LLC (“Lenders Funding”) a private funding and risk sharing source for factors and asset-based lenders. Established in 2000, Lenders Funding purchases participations in factoring and asset-based lending transactions as well as provides working capital to customers under a variety of lending programs. Transaction DetailsGECC is purchasing a majority ownership position in Lenders Funding for $7.25 million, consisting of $4 million in cash and $3.25 million in GECC shares issued at GECC’s net asset value (NAV). In connection with the transaction, GECC will also issue to Lenders Funding $10 million...

Pacific Biosciences Closes Acquisition of Omniome and Establishes San Diego Presence

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

Omniome’s high accuracy short-read sequencing platform expected to significantly expand PacBio’s market opportunity Acquisition expected to accelerate the adoption of SMRT Sequencing, PacBio’s leading long-read sequencing platform PacBio also closes $300 million PIPE financing in support of transaction MENLO PARK, Calif., Sept. 20, 2021 (GLOBE NEWSWIRE) — Pacific Biosciences of California, Inc. (Nasdaq: PACB)(“Pacific Biosciences” or “PacBio”), a leading provider of high-quality, long-read sequencing platforms, and Omniome, a San Diego-based biotechnology company developing a proprietary and highly differentiated short-read sequencing platform capable of delivering increased sequencing accuracy, announced today the companies have closed the transaction under which Pacific Biosciences acquired Omniome. With this acquisition, we...

ERYTECH Provides Business Update and Reports Financial Results for the First Half of 2021

Written by Customer Service on September 20, 2021. Posted in Earnings Releases And Operating Results.

ERYTECH Provides Business Update and Reports Financial Results for the First Half of 2021 Conference call and webcast on Tuesday, September 21, 2021at 8:30am EDT / 2:30pm CET TRYbeCA-1 Phase 3 trial of eryaspase in second-line metastatic pancreatic cancer fully enrolled since January 2021; on track for final results in Q4 2021 Fast Track designation received for eryaspase in treatment of ALL patients who developed hypersensitivity reactions to pegylated asparaginase; working towards potential BLA submission in this indication before year-end Second dose cohort in Phase 1 Investigator Sponsored Trial (IST) in first-line pancreatic cancer enrolled; determination of Maximum Tolerable Dose (MTD) expected in 2H 2021; encouraging signs of clinical activity observed Closed a $30 million registered direct financing with specialized...

Nobel Resources Closes the First Tranche of Its Brokered Offering of Units

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

THIS NEWS RELEASE IS INTENDED FOR DISTRIBUTION IN CANADA ONLY AND IS NOT AUTHORIZED FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. TORONTO, Sept. 20, 2021 (GLOBE NEWSWIRE) — Nobel Resources Corp. (“Nobel” or the “Company”) (TSX VENTURE: NBLC) is pleased to announce that, further to its press release dated September 1, 2021 (the “Initial Press Release”), it has completed the first tranche (the “First Tranche”) of its brokered private placement of units (the “Units”) (the “Offering”). Pursuant to the First Tranche, Nobel has issued an aggregate of 3,333,332 Units at an issue price of $0.45 per Unit (the “Offering Price”) for gross proceeds of $1,500,000. The Offering is led by Clarus Securities Inc., together with iA Private Wealth Inc. and Research Capital Corporation (collectively,...

Founder Jeff Maser Steps Down as CEO and Director and Joins Advisory Board; Richard Gillis Appointed as President and Chief Operating Officer, Tinley USA and Joins Newly Created Office of The CEO

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

TORONTO and LOS ANGELES, Sept. 20, 2021 (GLOBE NEWSWIRE) — The Tinley Beverage Company Inc. (CSE:TNY, OTC:TNYBF) (“Tinley’s”, or the ”Company”) is pleased to announce that beverage industry veteran Richard Gillis has been appointed to the role of President and Chief Operating Officer, Tinley USA. Mr. Gillis previously served as President, Tinley Western USA, where he oversaw the buildout of the Company’s 20,000 square foot co-packing facility and the launch of several Company-branded beverages. The Company also announces that Founder and CEO, Jeff Maser, has stepped down from his role as CEO and director and will join the Company’s advisory board. Rick Gillis, together with Directors Ted Zittell and Douglas Fulton, have formed an Office of the CEO to manage all corporate activities with company management on an interim basis while...

Inventus Mining: Mini Bulk Sampling Returns 9.2 g/t Gold at Pardo 007 Zone

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

TORONTO, Sept. 20, 2021 (GLOBE NEWSWIRE) — Inventus Mining Corp. (TSX VENTURE: IVS) (“Inventus” or the “Company”) is pleased to provide an update on its exploration program at its 100%-owned Pardo project near Sudbury, Ontario. Pardo Exploration Highlights 007 Zone mini bulk sample assays returned an average grade of 9.2 g/t gold:Pit #1 – 17.1 g/t goldPit #2 – 12.5 g/t goldPit #3 – 6.1 g/t goldPit #4 – 11.3 g/t goldPit #5 – 4.5 g/t goldPit #6 – 4.0 g/t goldAgreement in principle reached with Northern Sun Mining for future bulk sample processing. Advanced Exploration Agreement signed with our First Nations friends. Additional Pardo channel sampling results highlights:2.0 m of 4.0 g/t gold, including 0.5 m of 10.4 g/t gold2.5 m of 6.3 g/t gold, including 1.0 m of 12.5 g/t goldMini Bulk Sampling The results from...

Luther Burbank Savings Secures a $25,000 AHEAD Grant to Assist Seniors in Maintaining Their Homes

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

SANTA ROSA, Calif., Sept. 20, 2021 (GLOBE NEWSWIRE) — Luther Burbank Corporation (NASDAQ: LBC), the holding company for Luther Burbank Savings, announced this week that it was awarded a $25,000 grant by FHLBank San Francisco (FHLBank) to benefit organizations promoting financial stability in communities throughout California. The $25,000 grant will be used to fund Rebuilding Together’s capacity-building award for low-income seniors struggling to maintain their homes. As the costs of food, medicine, utilities and other essential needs increase, home repair delays can add to the financial burden of seniors and compromise the home’s safety and soundness. As the house continues to deteriorate, so does the dignity of the senior; and they may turn to high-cost or predatory loan options for assistance. Simone Lagomarsino, President and...

Day: September 20, 2021

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