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Day: October 13, 2021

ERES REIT Announces Timing of Third Quarter 2021 Results & Conference Call

TORONTO, Oct. 13, 2021 (GLOBE NEWSWIRE) — European Residential Real Estate Investment Trust (“ERES”) (TSX:ERE.UN) announced today it will issue its financial results for the three and nine months ended September 30, 2021 after markets close on: Thursday, November 4, 2021 A conference call hosted by Phillip Burns, Chief Executive Officer and Stephen Co, Chief Financial Officer, to discuss the results will be held on: Friday, November 5, 2021 at 9:00 am ET The telephone numbers for the conference call are: Canadian Toll Free: 1 (833) 950-0062 International: +1 (929) 526-1599 Passcode: 562002 A replay of the call will be available for 7 days after the call, until Friday, November 12, 2021. The telephone numbers to access the replay are Canadian Toll Free 1 (226) 828-7578 or International +44 (204) 525-0658. The Passcode...

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Credicorp Ltd.: Credicorp commits to becoming carbon neutral by 2032

Lima, Oct. 13, 2021 (GLOBE NEWSWIRE) — Lima, PERU, October 13, 2021.- Credicorp, a leading financial holding company in Peru with operations across Latinamerica, has assumed the commitment to become carbon neutral by 2032 at its own operations by reducing and offsetting all direct emissions generated by its subsidiaries in their daily activities. Credicorp Group has more than 36,000 employees and serves millions of clients through its 4 lines of business: (i) Universal Banking, (ii) Insurance and Pensions, (iii) Microfinance, and (iv) Investment Banking and Wealth Management, and Krealo, its open innovation arm. Credicorp’s efforts to become carbon neutral focus on reducing the consumption of paper, energy and use of fuel-dependent transportation at its operations by leveraging agile and innovative initiatives to optimize...

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SP Plus Corporation to Release Third Quarter 2021 Results on October 27, 2021

CHICAGO, Oct. 13, 2021 (GLOBE NEWSWIRE) — SP Plus Corporation (NASDAQ: SP) today announced that it expects to release third quarter 2021 earnings on Wednesday, October 27, 2021, after the close of market. Later that same day, the Company will host a conference call at 4:00 PM (Central Time) that can be accessed via webcast at http://ir.spplus.com. To listen to the live call, individuals are directed to the investor relations section of the company’s website, www.spplus.com, at least fifteen minutes early to register, download and install any necessary audio software. For those who cannot listen to the live broadcast, replays will be available shortly after the call on the website and accessible for 30 days. About SP+ SP+ facilitates the efficient movement of people, vehicles and personal belongings with the goal of enhancing the...

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The Keg Royalties Income Fund Announces A Return To Pre-pandemic Distribution Levels

VANCOUVER, British Columbia, Oct. 13, 2021 (GLOBE NEWSWIRE) — The Keg Royalties Income Fund (TSX: KEG.UN or the “Fund”) today announced that it would be increasing the monthly distributions on units of the Fund (“Units”) commencing with the October 2021 distribution. Monthly distributions will be increased from their current level of $0.07 per Unit to $0.0946 per Unit, the level that existed before the Covid-19 pandemic forced us to lower distributions in April 2020. The revised monthly distribution of $0.0946 per Unit has therefore been declared and will be paid on October 29, 2021 to unitholders of record on October 21, 2021. Annually, the revised distributions result in an increase from the current level of $0.84 per Unit to approximately $1.14 per Unit. The Fund currently plans to make those distributions each month for the...

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Falco Announces Extension of Maturity Date of Convertible Debenture and Proposed Extension of Warrants Expiry Date

MONTREAL, Oct. 13, 2021 (GLOBE NEWSWIRE) — Falco Resources Ltd. (TSX.V: FPC) (“Falco” or the “Corporation”) announced today that the Corporation has agreed with Glencore Canada Corporation (“Glencore”) to extend the maturity date of the $10 million senior secured convertible debenture dated October 27, 2020 (the “Convertible Debenture”) issued by the Corporation to Glencore, from October 27, 2021 to April 27, 2022, the whole in accordance with the terms of the Convertible Debenture. Concurrently with the issuance of the Convertible Debenture on October 27, 2020, Falco also issued to Glencore, 12,195,122 common share purchase warrants of the Corporation (the “Warrants”). Each Warrant is exercisable for one common share of the Corporation at an exercise price of $0.51 up to 12 months from the date of issuance of the Warrants. Given...

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Highland Income Fund (HFRO) Provides Update on Proposal to Convert the Fund to a Diversified Holding Company

Adviser Announces Decision to Withdraw Proposals, Outlines Plans for HFRO Under Current Structure DALLAS, Oct. 13, 2021 (GLOBE NEWSWIRE) — The Highland Income Fund (NYSE: HFRO) (“HFRO” or the “Fund”), a closed-end fund managed by Highland Capital Management Fund Advisors, L.P. (the “Adviser”), today announced that it has decided to withdraw the proposals to convert the Fund from a registered investment company to a diversified holding company (the “Holding Company”) and to amend certain fundamental investment restrictions. As a result, the Fund has decided to cancel the adjourned special meeting of shareholders (the “Special Meeting”) scheduled for October 15, 2021. Both the Adviser and the Fund’s Board of Trustees continue to believe that the transition to a diversified holding company provided the best path to increase shareholder...

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Maxpro Capital Acquisition Corp. Announces Closing of Initial Public Offering and Full Exercise of Over-Allotment Option

Taipei City, Oct. 13, 2021 (GLOBE NEWSWIRE) — via NewMediaWire — Maxpro Capital Acquisition Corp. (the “Company”), a Taiwan based SPAC, today announced the closing of its initial public offering (the “Offering”) of 9,000,000 units at $10.00 per unit. Each unit consists of one share of Class A common stock and one redeemable warrant. The underwriters exercised their over-allotment option in full for an additional 1,350,000 units at the time of the closing of the Offering. As a result, the aggregate gross proceeds of the Offering, including the over-allotment, is approximately $103.5 million, prior to deducting underwriting discounts, commissions, and other Offering expenses. The Company is a blank check company formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization...

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mPhase Reports First Profitable Fiscal Year in Company History

Gaithersburg, MD, Oct. 13, 2021 (GLOBE NEWSWIRE) — mPhase Technologies, Inc. (OTC Pink: XDSL) (“mPhase” or the “Company”), a technology company developing the mPower 5G-enhanced electric vehicle (EV) charging network and consumer engagement platform, today reported financial results for both its fiscal 2021 fourth quarter and full year ended June 30, 2021. The fiscal 2021 filing represents a major milestone as the first profitable annual results in the Company’s 25 years as a public company. Fiscal Fourth Quarter 2021 Financial Highlights:Revenue increased slightly to $7.8 million compared to $7.6 million in the prior year quarter Gross profit margin increased 190 basis points to 27.8%, compared to 25.9% in the same year-ago quarter Operating loss of ($0.5 million) was directly affected by a significant increase in software development,...

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Positive Exploration Results at Perseus’s Yaouré Mine

Figure 1.1Yaouré Gold Project – Tenements and ProspectsFigure 1.2CMA Underground Resource Drilling and Results SummaryFigure 1.3CMA Underground Resource – Long SectionFigure 1.4CMA Underground Resource – Drill Section 776560mNFigure 1.5CMA Underground Resource – Drill Section 776785mNFigure 1.6CMA East & Kongonza Seismic Drilling & Results SummaryPERTH, Western Australia, Oct. 14, 2021 (GLOBE NEWSWIRE) — Perseus Mining Limited (ASX/TSX: PRU) is pleased to provide an update on recent successful exploration activities at its Yaouré Gold Mine in Côte d’Ivoire. HighlightsRecent results from infill drilling at Yaouré confirms strong potential for further mineral resources beneath the currently operating CMA open pit (the...

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Alaris Equity Partners Announces Board Member Appointment

NOT FOR DISTRIBUTION IN THE UNITED STATES. FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF UNITED STATES SECURITIES LAW CALGARY, Alberta, Oct. 13, 2021 (GLOBE NEWSWIRE) — Alaris Equity Partners Income Trust (the “Trust” or “Alaris”) (TSX: AD.UN) is pleased to announce the appointment of Kim Lynch Proctor to the Board of Trustees (the “Board”) effective October 13, 2021. “We are pleased to welcome Kim to the Alaris Board. Kim’s extensive experience and knowledge across a range of diverse strategic roles will be invaluable to Alaris as we continue to grow. I look forward to working with Kim and leveraging her unique expertise.” said Steve King, President & CEO, Alaris. Ms. Lynch Proctor is an experienced board director, private equity executive, lawyer, and accountant with over 20 years of experience. ...

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