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Month: September 2021

Churchill Downs Incorporated Provides an Update on Louisiana Operations

LOUISVILLE, Ky., Sept. 08, 2021 (GLOBE NEWSWIRE) — Churchill Downs Incorporated (“CDI” or the “Company”) (Nasdaq: CHDN) announced today that the Company’s operations in Louisiana were closed due to Hurricane Ida and remain closed at this time. CDI’s Louisiana operations include the Fair Grounds Race Course & Slots property and 15 Off-Track Betting facilities (“OTBs”). CDI continues to evaluate the damage to these properties and is actively developing plans for the re-opening of each property. CDI has property insurance including business interruption coverage subject to applicable deductibles. Our active team members at Fair Grounds Race Course & Slots and OTBs will continue to receive their pay and benefits at this time and the Company is providing additional assistance to our team members that have been impacted by...

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Lakeland Bancorp Announces Pricing of $150 Million Subordinated Debt Offering

OAK RIDGE, N.J., Sept. 08, 2021 (GLOBE NEWSWIRE) — Lakeland Bancorp, Inc. (NASDAQ: LBAI) (“Lakeland” or the “Company”), the holding company for Lakeland Bank, today announced that it has priced an underwritten public offering of $150 million aggregate principal amount of its fixed-to-floating rate subordinated notes (the “Notes”) due 2031. The Notes will initially bear a fixed interest rate of 2.875% per year. Commencing on December 15, 2026, the interest rate on the Notes will reset quarterly to the three-month SOFR rate plus a spread of 220 basis points, payable quarterly in arrears. The offering is expected to close on September 15, 2021, subject to the satisfaction of customary closing conditions. The Company plans to use the net proceeds from the Notes offering for general corporate purposes, which may include refinancing...

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Silo Wellness Announces Filing of Subsidiary Interim Financial Statements

TORONTO, Sept. 08, 2021 (GLOBE NEWSWIRE) — Silo Wellness Inc. (“Silo Wellness” or the “Company”) (CSE: SILO) (OTCQB: SILFF) (FRA: 3K70), announces that further to a continuous disclosure review by staff of the Ontario Securities Commission, the Company is filing the interim financial statements of FlyOverture Equity, Inc., a wholly-owned subsidiary of the Company, for the three month period ended January 31, 2021. ABOUT SILO WELLNESS Silo Wellness is a growth-oriented holding company focused on functional mushroom and psychedelic opportunities that benefit from a unified ecosystem and exceptional leadership. Founded in 2018 and headquartered in Toronto, Silo Wellness has operations in Jamaica and Oregon. Silo Wellness is a publicly-traded company on the Canadian (CSE: SILO) and Frankfurt (FRA: CK70) exchanges and trading on the...

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Broadwind Announces Chief Financial Officer Succession Plan

CICERO, Ill., Sept. 08, 2021 (GLOBE NEWSWIRE) — Broadwind (NASDAQ: BWEN), a diversified precision manufacturer of specialized components and solutions serving global markets, today announced that Jason Bonfigt, Vice President and Chief Financial Officer, informed the Board of Directors of his intent to pursue other opportunities. Mr. Bonfigt’s resignation is not related to the Company’s operations, policies or practices, including its controls or financial-related matters. Mr. Bonfigt joined Broadwind in 2008 and has served as Chief Financial Officer since July 2017. Mr. Bonfigt will continue in his current role through October 1, 2021, after which Eric Blashford, President and CEO, will also assume the role of interim Chief Financial Officer. In conjunction with this transition, Thomas Ciccone has been promoted to Vice President,...

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BeyondSpring to Participate in the Upcoming September Conferences

NEW YORK, Sept. 08, 2021 (GLOBE NEWSWIRE) — BeyondSpring Inc. (“BeyondSpring”) (NASDAQ: BYSI), a global biopharmaceutical company focused on the development of innovative cancer therapies, today announced that management will present at and participate in the Morgan Stanley 19th Annual Global Healthcare Conference and R.W. Baird’s 2021 Global Healthcare Conference. Details for both conferences are below:Morgan Stanley 19th Annual Global Healthcare ConferenceDate: Tuesday, September 14th 2021Time: 11:45am ETFormat: Fireside ChatManagement will also be available for 1×1 meetings on September 9th-15th, 2021. If you would like to request a meeting, please contact Erika.Skala@morganstanley.com.R.W. Baird’s 2021 Global Healthcare ConferenceDate: Wednesday, September 15th 2021Time: 4:55pm ETFormat: PresentationManagement...

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Ayr Wellness Announces September Conference Participation

MIAMI, Sept. 08, 2021 (GLOBE NEWSWIRE) — Ayr Wellness Inc. (CSE: AYR.A, OTC: AYRWF) (“Ayr” or the “Company”), a leading vertically integrated cannabis multi-state operator, today announced its participation in the following conferences:Beacon Securities Virtual Cannabis Conference – September 9, 2021Jennifer Drake, Ayr’s Co-Chief Operating Officer, will host one-on-one and small group meetings throughout the day.SALT New York 2021 – September 13-15, 2021Jennifer Drake will participate in a panel discussion, Investing in Cannabis: Analyzing the Industry’s Future, on Tuesday, September 14 at 2:35pm ET and will host one-on-one and small group meetings following the panel.Needham Virtual Cannabis Conference – September 14, 2021Jennifer Drake will participate in a fireside chat with Matt McGinley, Managing Director at...

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The North West Company Inc. Announces Second Quarter Earnings and an Increase in the Quarterly Dividend

WINNIPEG, Manitoba, Sept. 08, 2021 (GLOBE NEWSWIRE) — (TSX: NWC): The North West Company Inc. (the “Company” or “North West”) today reported its unaudited financial results for the second quarter ended July 31, 2021. It also announced that the Board of Directors have declared a dividend of $0.37 per share, an increase of $0.01 or 2.8% per share, to shareholders of record on September 30, 2021, to be paid on October 15, 2021. “This has been another strong quarter particularly considering the extraordinary pandemic-related same store sales and earnings increases in 2020,” commented President and CEO Dan McConnell. “Our top priority remains focused on the safety and well-being of our customers and employees and ensuring that we continue to provide essential products and services that people depend on. The relationships...

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Cenovus announces Atlantic assets restructuring plan

CALGARY, Alberta, Sept. 08, 2021 (GLOBE NEWSWIRE) — Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) has entered into agreements with its partners in the Atlantic region to restructure its working interests in the Terra Nova and White Rose projects, providing improved economics for the company’s regional portfolio. These agreements will increase Cenovus’s working interest in Terra Nova and, if a decision is taken to restart West White Rose, reduce the company’s working interest in the White Rose field. Cenovus’s working interest in Terra Nova will be 34%, up from 13%. The company will receive $78 million from the exiting partners as a contribution towards future Terra Nova asset retirement obligations. The Terra Nova asset life extension project will proceed, extending the life of the field to 2033. Production is expected to resume before...

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Suncor Energy provides update on White Rose asset

All financial figures are in Canadian dollars CALGARY, Alberta, Sept. 08, 2021 (GLOBE NEWSWIRE) — Suncor today announced it has entered into a conditional agreement to increase its interest in the White Rose asset subject to a restart decision on the West White Rose project. As part of the conditional agreement, Cenovus, the operator, will complete a restart evaluation for the West White Rose project by mid 2022. Should the project economics be robust enough to lead to a restart decision, Suncor has agreed to increase its interest in the White Rose offshore field by 12.5% (from 27.5% to approximately 40%) in exchange for a cash payment by Cenovus to Suncor. Suncor would assume capital commitments on the 12.5% additional interest on a go-forward basis only. No significant capital spend is expected before 2023 and both companies...

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Calvin B. Taylor Bankshares, Inc. Announces Quarterly Cash Dividend of $0.29 per Share

Berlin, Maryland, Sept. 08, 2021 (GLOBE NEWSWIRE) — via NewMediaWire — Calvin B. Taylor Bankshares, Inc. (OTCQX: TYCB), parent company of Calvin B. Taylor Bank, announced today that the Board of Directors has declared a regular quarterly cash dividend of $0.29 per share.  This dividend is payable on October 15, 2021 to stockholders of record as of September 30, 2021.  About Calvin B. Taylor BankCalvin B. Taylor Bank, the bank subsidiary of Calvin B. Taylor Bankshares, Inc. (OTCQX: TYCB), founded in 1890, offers a wide range of loan, deposit, and ancillary banking services through both physical and digital delivery channels.  Calvin B. Taylor Bank has 12 banking locations within the eastern coastal area of the Delmarva Peninsula including Worcester County, Maryland, Sussex County, Delaware and Accomack County, Virginia.   ContactM....

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