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Month: September 2021

Questor Technology Inc. Announces Grant of Stock Options, Restricted and Performance Share Units

CALGARY, Alberta, Sept. 03, 2021 (GLOBE NEWSWIRE) — Questor Technology Inc. (“Questor”, the “Company”), (TSX Venture Exchange: QST), previously announced on May 31, 2021 that the Board of Directors had approved the granting of Restricted Stock Units (RSUs) and Performance Stock Units (PSUs) pursuant to the Company’s PSU and RSU share unit plan, dated April 14, 2021 to certain of its officers and employees. Subsequent to May 31, 2021, the Board of Directors approved the granting of an additional 95,000 stock options, RSUs and PSUs to a new officer of the Company. On August 31, 2021, pursuant to these approvals, Questor granted to its officers and employees, 25,000 stock options at an exercise price of $1.36 and an aggregate of 511,128 RSUs and PSUs. Upon the granting of the stock options, RSU’s and PSU’s, Questor will...

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LGI Homes Reports Record August 2021 Home Closings

THE WOODLANDS, Texas, Sept. 03, 2021 (GLOBE NEWSWIRE) — LGI Homes, Inc. (NASDAQ: LGIH) today announced it closed 776 homes in August 2021, up from 669 homes closed in August 2020, representing year-over-year growth of 16.0%. The Company ended the first eight months of 2021 with 7,123 home closings, a 39.1% increase over 5,120 home closings during the first eight months of 2020. As of August 31, 2021, the Company had 102 active selling communities. About LGI Homes, Inc. LGI Homes, Inc. is a pioneer in the homebuilding industry, successfully applying an innovative and systematic approach to the design, construction and sale of homes. As one of America’s fastest growing companies, LGI Homes has a notable legacy of more than 18 years of homebuilding excellence, over which time it has closed more than 50,000 homes and has been profitable...

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Willis Towers Watson Posts Webcast Details for Investor Day

ARLINGTON, Va. and LONDON, Sept. 03, 2021 (GLOBE NEWSWIRE) — As previously announced, Willis Towers Watson & Co. (NASDAQ: WLTW), a leading global advisory, broking and solutions company, will host an investor day and an online web simulcast of the meeting beginning at 9:30 a.m. Eastern Time on Thursday, September 9, 2021. The event will provide an opportunity to hear from Willis Towers Watson’s senior management and business leaders about its strategy, operations, and financial targets. The live broadcast of the investor day will be available online at the Investor Relations section of www.willistowerswatson.com. An online replay will be available shortly after the live presentation for three months. ABOUT WILLIS TOWERS WATSONWillis Towers Watson (NASDAQ: WLTW) is a leading global advisory, broking and solutions company that...

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Faraday Future to Postpone Investor Day Due to COVID-19

LOS ANGELES, Sept. 03, 2021 (GLOBE NEWSWIRE) — Faraday Future (“FF”) (NASDAQ: FFIE), a California-based global shared intelligent mobility ecosystem company, announced today that it will postpone its Investor Day initially planned for September 21, 2021. The Investor Day was postponed in light of the evolving COVID-19 situation and stricter protocols required for interstate travel at this time. FF will share further details and key updates soon. FF 91 remains on track in accordance with its production goal, which is within 12 months of the closing of its merger that occurred in late July of this year. Users can reserve an FF 91 Futurist model now via the FF intelligent APP or FF.com at: https://www.ff.com/us/reserve. Download the new FF intelligent APP at: https://apps.apple.com/us/app/id1454187098 or https://play.google.com/store/apps/details?id=com.faradayfuture.online. ABOUT...

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Fidelity D & D Bancorp, Inc. Announces Retirement of Director Mary E. McDonald

DUNMORE, Pa., Sept. 03, 2021 (GLOBE NEWSWIRE) — Fidelity D & D Bancorp, Inc. (NASDAQ: FDBC) (“Fidelity”), the parent bank holding company of The Fidelity Deposit and Discount Bank (“Fidelity Bank”), a Pennsylvania state-chartered, FDIC-insured community bank and trust company headquartered in Dunmore, PA, announces the retirement of Mary E. McDonald, Assistant Secretary, as a Director effective today. Ms. McDonald has been a Director of the Company and member of the Bank’s Board of Directors since 2000. A retired educator, her many years of experience have provided valuable insight for the Company and Bank. Fidelity Bank President and Chief Executive Officer, Daniel J. Santaniello added, “We are grateful to have had the opportunity to work alongside Mary for so long. Her guidance has been instrumental in the growth of the...

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CARDIOGENICS HOLDINGS INC. ANNOUNCES LICENSE AGREEMENT AND DIVIDEND DISTRIBUTION

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...

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

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...

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

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...

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Acceleware Announces Option Grant

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...

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Tandy Leather Factory Files 2020 Financial Information

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,...

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