Day: October 18, 2021

U.S. Global Investors Announces Non-Cash Adjustments to Its Financial Statements for Periods Ended March 31, 2021

Written by Customer Service on October 18, 2021. Posted in Public Companies.

San Antonio, TX, Oct. 18, 2021 (GLOBE NEWSWIRE) — U.S. Global Investors, Inc. (Nasdaq: GROW) (the “Company”), a registered investment advisory firm that focuses on specialized markets around the world, announces that it will be restating the consolidated financial statements and related disclosures for non-cash adjustments for the three and nine months ended March 31, 2021. The restatement of financials is due to adjustments to the fair value of certain securities held as corporate investments. The adjusted corporate investments were purchased in January 2021 and consist of unsecured convertible debentures and stock purchase warrants issued by HIVE Blockchain Technologies (Nasdaq: HIVE) (TSX.V:HIVE) (“HIVE”). The adjustments to the total fair value of the securities will increase the value of the securities by approximately $5.8...

Rafael Holdings Announces Inducement Grant Under NYSE Rule 303A.08

Written by Customer Service on October 18, 2021. Posted in Public Companies.

NEWARK, N.J., Oct. 18, 2021 (GLOBE NEWSWIRE) — Rafael Holdings, Inc., (NYSE: RFL), announced that today it made a grant to Dr. Mary Margaret Huizinga of options to purchase 122,341 shares of Class B common stock of the Company with an exercise price equal to $30.54, the closing price of the Class B common stock on October 15, 2021, the trading day prior to the grant. The options shall vest with respect to 25% of the underlying shares on October 18, 2022, and, with respect to an additional 2.0833% of the underlying shares, on each monthly anniversary of October 18, 2022, such that all equity shall vest by the October 18, 2025. The options were granted under Rafael’s 2018 Equity Incentive Plan, which was amended to create an additional pool of 122,341 shares of Rafael’s Class B common stock to be used exclusively for the grant of...

Orca Announces Appointment of New Chief Financial Officer

Written by Customer Service on October 18, 2021. Posted in Public Companies.

TORTOLA, British Virgin Islands, Oct. 18, 2021 (GLOBE NEWSWIRE) — Orca Energy Group Inc. (“Orca” or “the Company” and includes its subsidiaries and affiliates) (TSX-V: ORC.A, ORC.B) is pleased to announce that Lisa Mitchell will join the Company as Chief Financial Officer (“CFO”), effective November 1, 2021. Lisa will replace Blaine Karst, who will be retiring. Blaine has committed to stay on through April, 2022 in an advisory capacity to ensure a smooth transition. Lisa was most recently the CFO and Executive Director of San Leon Energy plc (AIM: LSE), a Nigeria focused oil and gas company listed in London, and before that was CFO and Executive Director of Lekoil Limited (AIM: LEK), an Africa focused oil and gas company with interests in Nigeria. Lisa has also held senior roles at Ophir Energy plc (LSE:...

SpotLite360 Announces Appointment of New CEO and Director

Written by Customer Service on October 18, 2021. Posted in Public Companies.

DENVER and VANCOUVER, British Columbia, Oct. 18, 2021 (GLOBE NEWSWIRE) — SPOTLITE360 IOT SOLUTIONS, INC. (“SpotLite360” or the “Company”) (CSE: LITE) (OTC: SPLTF) (Frankfurt: 87A) is pleased to announce that it has appointed Mr. James Greenwell, SpotLite360’s current President, as its new Chief Executive Officer and Dr. Billy Joe Page to the board of directors of SpotLite360. Dr. Page is a hand surgery specialist in Castle Rock, Colorado. He is a board certified and fellowship trained orthopedic hand surgeon practicing at Castle Rock Adventist Hospital. He has over 35 years of experience treating patients with a variety of orthopedic conditions relating to the hand and wrist. Bill has a number of affiliations with professional organizations including the American Osteopathic Academy of Orthopedic Hand Surgery Section and...

AgEagle to Acquire senseFly from Parrot

Written by Customer Service on October 18, 2021. Posted in Public Companies.

WICHITA, Kansas, PARIS, France & LAUSANNE, Switzerland – October 18, 2021 – AgEagle Aerial Systems Inc. (NYSE American: UAVS) (“AgEagle” or the “Company”), an industry-leading provider of drones, sensors and software, and Parrot (Euronext Paris: PARRO), a leading European drone group, today jointly announced that they have signed a definitive agreement under which AgEagle shall acquire senseFly, a Parrot Group wholly-owned subsidiary, in a cash and stock transaction valued at US$23 million. Founded in 2009, senseFly develops and produces a proprietary line of eBee-branded, high performance, fixed wing drones for professional use. Safe, ultra-light and easy to use, these autonomous drones are utilized by thousands of customers around the world in agriculture, government, engineering and construction, among other industry...

Alex. Brown Hosts Second Invitational Golf Tournament, Benefiting PGA Reach

Written by Customer Service on October 18, 2021. Posted in Public Companies.

Special guests attend the Alex. Brown Invitational golf tournamentSpecial guests Stuart Appleby, Roberto Diaz and Jason Gore attend the second annual Alex. Brown invitational at the Manhattan Woods Golf Club in West Nyack, New York on Sept. 27.Alex. Brown golf flag at the second annual Alex. Brown Invitational golf tournamentAn Alex. Brown flag at the second annual Alex. Brown invitational at the Manhattan Woods Golf Club in West Nyack, New York on Sept. 27.West Nyack, New York, Oct. 18, 2021 (GLOBE NEWSWIRE) — Alex. Brown, a division of Raymond James, proudly hosted the second Alex. Brown Invitational golf tournament on Monday, September 27, 2021, at the Manhattan Woods Golf Club in West Nyack, New York. The tournament, which attracted more than 70 attendees, was in celebration of the investment...

Enerflex Announces the Appointment of a New Director

Written by Customer Service on October 18, 2021. Posted in Public Companies.

CALGARY, Alberta, Oct. 18, 2021 (GLOBE NEWSWIRE) — The Board of Directors of Enerflex Ltd. (TSX:EFX) (“Enerflex” or the “Company”) is pleased to announce the appointment of Ms. Mona Hale as a director of Enerflex. Ms. Hale has 35 years of executive, finance, and operational leadership experience across the oil and gas, mining, and telecommunication sectors. Ms. Hale recently retired from Finning International Inc. as Senior Vice-President, Global Commercial and Financial Performance Management and prior thereto was the Chief Financial Officer for Edmonton Economic Development Corporation. Over the course of her distinguished career, Ms. Hale has held several senior executive roles providing experience in accounting and financial controls, commercial management, operational leadership, and corporate strategic planning. Her extensive...

Quantum Energy Inc. (QEGY) Announces Board Changes

Written by Customer Service on October 18, 2021. Posted in Public Companies.

HENDERSON, Nev., Oct. 18, 2021 (GLOBE NEWSWIRE) — Quantum Energy Inc. (OTCPINK: QEGY) (“Quantum”) announces changes to its Board of Directors. Mr. Robert Henry submitted his resignation as a Director from the Company’s Board, effective today, October 18, 2021. The Company thanks Mr. Henry for his service to the Company, and Mr. Henry qualifies for any awards or compensation approved for Directors through the end of this fiscal year on February 28, 2022. To learn more Quantum Energy Inc. (QEGY), visit: www.qegy.energy. About Quantum Energy Inc. Quantum Energy, Inc. (OTCPINK: QEGY) places business operations and emphases on energy projects toward refinery development, construction and operations in the United States and Canada. This includes the processing and refining of rare earth elements, and other raw materials to produce energy...

INDUS Announces Completion of Acquisition and Development in Charlotte

Written by Customer Service on October 18, 2021. Posted in Mergers And Acquisitions.

NEW YORK, Oct. 18, 2021 (GLOBE NEWSWIRE) — INDUS Realty Trust, Inc. (Nasdaq: INDT) (“INDUS”), a U.S. based industrial/logistics REIT, announced today that it has completed the acquisition of a fully leased, approximately 128,000 square foot industrial/logistics building in Charlotte, North Carolina (the “Charlotte Acquisition”). The Charlotte Acquisition is well-located in one of Charlotte’s premier submarkets that has significant barriers to entry for new supply. The Company used cash on hand to pay the $14.6 million purchase price, which equates to an in-place cash capitalization rate of approximately 4.6%. Additionally, INDUS announced that it has completed and placed in service its approximately 141,000 square foot build-to-suit for Amazon in Charlotte (the “Charlotte Build-to-Suit”). With the addition of the Charlotte Acquisition...

PacWest Bancorp Announces Results for the Third Quarter Of 2021

Written by Customer Service on October 18, 2021. Posted in Earnings Releases And Operating Results.

Figure 1Strong PerformanceLOS ANGELES, Oct. 18, 2021 (GLOBE NEWSWIRE) — PacWest Bancorp (Nasdaq: PACW) – THIRD QUARTER 2021 RESULTS$140.0M $1.17 $167.8M 21.03%Net Earnings Diluted Earnings per Share PPNR ROATETHIRD QUARTER 2021 HIGHLIGHTSNet Earnings of $140.0 Million or $1.17 Per Diluted Share Core Deposits Up $1.1 Billion or 4.1% in 3Q21; Represents 92% of Total Deposits Loan Growth of $1.0 Billion or 5.2%; Excluding PPP Loan Activity, Loan Growth of $1.3 Billion or 7.1% Civic Loan Production of $481 Million in 3Q21, Compared to $423 Million in 2Q21 PPNR of $167.8 Million, Up 8.3% Compared to 2Q21 Provision for Credit Losses Benefit of $20.0 Million in 3Q21 Compared to Benefit of $88.0 Million in 2Q21 Net Interest Income (TE) of $279.8 Million in 3Q21, Compared to $270.1 Million in 2Q21 Noninterest...

Day: October 18, 2021

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