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Day: October 4, 2021

Brown & Brown, Inc. board member Hugh Brown named to Savoy Magazine’s Most Influential Black Corporate Directors list

Hugh M. BrownHugh M. BrownDAYTONA BEACH, Fla., Oct. 04, 2021 (GLOBE NEWSWIRE) — Brown & Brown, Inc. (NYSE: BRO) announces that, for the second time, Hugh M. Brown, a member of the company’s board of directors, has been named to Savoy Magazine’s Most Influential Black Corporate Directors list. Savoy Magazine is a cultural catalyst for the African American community that showcases and drives positive dialogue about urban culture. Savoy released its 2021 Most Influential Black Corporate Directors list in its fall issue, which features an elite representation of African American executives, influencers and achievers active on the boards of the world’s leading corporations. Brown & Brown is proud to congratulate Hugh Brown, who has contributed his expertise and leadership to the company’s...

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Trisura Group to Announce Third Quarter 2021 Results on November 4th, 2021 and Hold Earnings Conference Call the Following Day

TORONTO, Oct. 04, 2021 (GLOBE NEWSWIRE) — Trisura Group Ltd. (“Trisura” or “Trisura Group”) (TSX: TSU), a leading international specialty insurance provider, will release its third quarter 2021 results after the market closes on Thursday, November 4th, 2021. The company will hold its third quarter 2021 earnings conference call for analysts and investors on Friday, November 5th, 2021 at 9:00 a.m. ET. Conference call participants will be David Clare, President and Chief Executive Officer and David Scotland, Chief Financial Officer. To listen to the call via live audio webcast, please follow the link below:https://edge.media-server.com/mmc/p/kexmtwwd A replay of the call will be available through the link above. About Trisura Group Trisura Group Ltd. is an international specialty insurance provider operating in the surety, risk solutions,...

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Comstock Arranges $350+ Million Financing Package to Refinance First Three Completed Trophy Office Towers at Reston Station

Blackstone Provided $312 Million Senior Loan Facility While DivcoWest Provided $43 Million in Preferred Equity RESTON, Va., Oct. 04, 2021 (GLOBE NEWSWIRE) — Comstock Holding Companies, Inc., (NASDAQ: CHCI) (“CHCI” or “Comstock”) announced that on September 29, 2021, its capital markets group completed a refinancing of the first three Trophy Class office Towers developed by CHCI at Reston Station, the 60-acre transit-oriented, mixed-use development that is home to the first Silver Line Metro station in the Dulles Corridor. In connection with the closing of the transaction, CHCI received ~$2.6 million in debt and equity origination fees. CHCI subsidiaries arranged the non-recourse construction take-out recapitalization package on behalf of Comstock Partners, LC, an affiliated, privately-held company (“Partners”), which includes a...

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IBC Advanced Alloys Raises Funds Via Master Lease Agreement to Support Ongoing Consolidation and Expansion of its Indiana Copper Alloys Production Facility

FRANKLIN, Ind., Oct. 04, 2021 (GLOBE NEWSWIRE) — IBC Advanced Alloys Corp. (“IBC” or the “Company”) (TSX-V: IB; OTCQB: IAALF) is pleased to announce it has entered into a new master lease agreement (the “Lease”) among Utica Leaseco LLC and Utica Equipment Finance, LLC (collectively, “Utica”) and certain of the Company’s U.S. subsidiaries (the “Subsidiaries”) in support of the Company’s ongoing expansion and consolidation of its Copper Alloys production facility in Franklin, Indiana. “This equipment leasing arrangement allows us access to capital necessary to continue to execute on our expansion and consolidation of the Copper Alloys division’s state-of-the-art foundry facility at our North American headquarters in Franklin, Indiana,” said Mark A. Smith, CEO and Chairman of IBC. “Construction of the new facility is well underway...

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Osisko Announces Preliminary Q3 2021 Deliveries and Provides Asset Update

Figure 1: Cross section of the Upper Beaver project showing the open pit, underground stopes, ramps and shaft to access the deposit.Figure 1: Cross section of the Upper Beaver project showing the open pit, underground stopes, ramps and shaft to access the deposit.MONTRÉAL, Oct. 04, 2021 (GLOBE NEWSWIRE) — Osisko Gold Royalties Ltd (the “Corporation” or “Osisko”) (OR: TSX & NYSE) is pleased to provide an update on its third quarter deliveries, sales and operating cash margins1 and recent asset advancements. PRELIMINARY Q3 2021 RESULTS Osisko earned approximately 20,032 attributable gold equivalent ounces2 (“GEOs”) in the third quarter of 2021, excluding 2,452 GEOs earned from the Renard diamond stream. Osisko recorded preliminary revenues3 of C$50.0 million during the third quarter and preliminary cost of sales3...

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Q&K Receives Minimum Bid Price Notice from Nasdaq

SHANGHAI, China, Oct. 04, 2021 (GLOBE NEWSWIRE) —  Q&K International Group Limited (NASDAQ: QK) (“Q&K” or the “Company”), a leading technology-driven long-term apartment rental platform in China, announced that it received a notification letter (“Notice”) from the staff of the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) dated September 28, 2021, indicating that the Company no longer meets the minimum bid price requirement set forth in Nasdaq Listing Rule 5450(a)(1) as the closing bid price of the Company’s American Depositary Shares (“ADSs”) was below US$1.00 per ADS for a period of 30 consecutive business days. Pursuant to Nasdaq Listing Rule 5810(c)(3)(A), the Company has a compliance period of 180 calendar days, or until March 28, 2022 (the “Compliance Period”), to regain compliance...

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FAX Capital Provides Date for Q3 2021 Results

NOT FOR DISSEMINATION IN THE UNITED STATES OR DISTRIBUTION TO U.S. NEWS WIRE SERVICES TORONTO, Oct. 04, 2021 (GLOBE NEWSWIRE) — FAX Capital Corp. (TSX: FXC and FXC.WT) (the “Company”) today announced that it expects to report its financial results for the third quarter ended September 30, 2021 after markets close on November 4, 2021. The Company’s unaudited condensed interim financial statements, notes, and management’s discussion and analysis for the period will be available under the Company’s profile on SEDAR at www.sedar.com and on the Company’s website. About FAX Capital Corp. The Company is an investment holding company with a business objective to maximize its intrinsic value on a per share basis over the long-term by seeking to achieve superior investment performance commensurate with reasonable risk. The Company...

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Diversified Royalty Corp. Announces October 2021 Cash Dividend and Q3 2021 Earnings Release Date

VANCOUVER, British Columbia, Oct. 04, 2021 (GLOBE NEWSWIRE) — Diversified Royalty Corp. (TSX: DIV and DIV.DB) (the “Corporation” or “DIV”) is pleased to announce that its board of directors has approved a cash dividend of $0.0175 per common share for the period of October 1, 2021 to October 31, 2021, which is equal to $0.21 per common share on an annualized basis. The dividend will be paid on October 29, 2021 to shareholders of record as of the close of business on October 15, 2021. Q3 2021 Earnings Release Date DIV will release earnings results for the three months ended September 30, 2021 following the closing of regular trading on the Toronto Stock Exchange on November 9, 2021. About Diversified Royalty Corp. DIV is a multi-royalty corporation, engaged in the business of acquiring top-line royalties from well-managed multi-location...

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Sun Communities Enhances Leadership Team With EVP of Corporate Strategy and Business Development

Aaron Weiss Joins Management Team Southfield, MI, Oct. 04, 2021 (GLOBE NEWSWIRE) — Sun Communities, Inc. (NYSE: SUI) a real estate investment trust that owns and operates, or has an interest in, manufactured housing communities, recreational vehicle resorts and marinas, announced today the appointment of Aaron Weiss as Executive Vice President of Corporate Strategy and Business Development. This is a new position that reports to Chairman and Chief Executive Officer Gary A. Shiffman and President and Chief Operating Officer John B. McLaren. Mr. Weiss will be responsible for coordinating corporate strategy, planning and business development and will begin his new role on October 18, 2021. “Aaron’s extensive experience and long-standing relationships in the real estate and lodging industries makes him a strong addition to our team,”...

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PacWest Bancorp Announces Third Quarter Earnings Release Date

LOS ANGELES, Oct. 04, 2021 (GLOBE NEWSWIRE) — PacWest Bancorp (Nasdaq: PACW) (the “Company”) will report its financial results for the quarter ended September 30, 2021 after the close of the stock market on Monday October 18, 2021. The Company will file its quarterly financial results with the SEC via Form 8-K and issue a press release via newswire, which will also be posted on the SEC Filings section of its website at www.pacwestbancorp.com. ABOUT PACWEST BANCORP PacWest Bancorp (“PacWest”) is a bank holding company with over $34 billion in assets headquartered in Los Angeles, California, with an executive office in Denver, Colorado, with one wholly-owned banking subsidiary, Pacific Western Bank (the “Bank”). The Bank has 69 full-service branches located in California, one branch located in Durham, North Carolina, and one branch...

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