Inscape Announces Second Quarter 2022 Financial Results

Written by Customer Service on December 9, 2021. Posted in Public Companies.

HOLLAND LANDING, Ontario, Dec. 09, 2021 (GLOBE NEWSWIRE) — Inscape (TSX: INQ), a leading designer and manufacturer of furnishings and movable wall systems for the workplace, today announced its results of operations for the three and six months ended October 31, 2021. “Second quarter fiscal 2022 results are beginning to evidence our improving sales pipeline and the improving economy. Our Walls operation recorded its highest sales revenue to date this fiscal year and an improving financial profile reflecting the efforts by management to lower its cost base and re-align its footprint during the calendar year. Sales for the Company for the quarter were up 35% year over year, driven by the improving outlook for our Walls operation, up 127.9%, and a solid improvement in our Furniture sales levels, up 9.4%, versus the depths of the...

Encore Capital Group Announces Final Results of Tender Offer

Written by Customer Service on December 9, 2021. Posted in Public Companies.

SAN DIEGO, Dec. 09, 2021 (GLOBE NEWSWIRE) — Encore Capital Group, Inc. (NASDAQ: ECPG) (“Encore”) announced today the final results of its modified “Dutch auction” tender offer to purchase with cash up to $300 million of shares (the “shares”) of its common stock (the “common stock”) which expired one minute after 11:59 P.M. (New York City time) on December 2, 2021. Based on the final count by the depositary for the tender offer, a total of 4,471,995 shares of common stock were validly tendered and not validly withdrawn at or below the price of $60.00 per share. Encore accepted all of these shares of common stock for purchase at the purchase price of $60.00 per share, for a total cost of $268,319,700, excluding fees and expenses. “We are pleased by the outcome of this tender offer which achieved our objective of efficiently accelerating...

Scorpio Gold Reports 2.02 g/t Gold over 39.7m in Exploration Drilling at the Manhattan Mine Property, Nevada

Written by Customer Service on December 9, 2021. Posted in Public Companies.

Figure 1 Geological plan map of the West and East pits in the Manhattan Mine area showing A-A’ cross sectional line. Figure 2 Cross section A – A’ showing holes MWRC21-001, MWRC21-018 and MWRC21-019 VANCOUVER, British Columbia, Dec. 09, 2021 (GLOBE NEWSWIRE) — Scorpio Gold Corporation (“Scorpio Gold” or the “Company”) (TSXV: SGN) is pleased to provide an update of its surface RC drilling program at the Manhattan West and East pits of the recently acquired Kinross Manhattan Property in Manhattan, Nevada. Thirty-one holes (6907m) were completed in this Phase I program, including 19 holes in the West Pit area and 12 holes in the East Pit area (Figure 1). Assay results for 14 holes were reported in the Company’s July 20, September 7 and November 2, 2021 news releases. Results for holes MWRC21-018 and MWRC21-019...

Artisan Partners Asset Management Inc. Reports November 2021 Assets Under Management

Written by Customer Service on December 9, 2021. Posted in Public Companies.

MILWAUKEE, Dec. 09, 2021 (GLOBE NEWSWIRE) — Artisan Partners Asset Management Inc. (NYSE: APAM) today reported that its preliminary assets under management (“AUM”) as of November 30, 2021 totaled $169.2 billion. Artisan Funds and Artisan Global Funds accounted for $82.2 billion of total firm AUM, while separate accounts and other AUM1 accounted for $87.0 billion. In November, Artisan Funds made their annual income and capital gains distributions. November month-end AUM includes the impact of approximately $2.1 billion of Artisan Funds distributions not reinvested. PRELIMINARY ASSETS UNDER MANAGEMENT BY STRATEGY2 As of November 30, 2021 – ($ Millions) Growth Team Global Opportunities $27,215 Global Discovery 2,268 U.S. Mid-Cap Growth 17,120 U.S. Small-Cap Growth 5,666 Global...

Progressive Care Inc. Announces Results of Special Meeting

Written by Customer Service on December 9, 2021. Posted in Public Companies.

Read more MIAMI, FLORIDA, Dec. 09, 2021 (GLOBE NEWSWIRE) — via NewMediaWire — On December 3, 2021, Progressive Care Inc. (the “Company” or “Progressive Care”) held a special meeting of its stockholders (the “Special Meeting”). The record date for stockholders entitled to notice of, and to vote at, the Special Meeting was November 3, 2021. At the close of business on that date, the Company had 535,430,294 shares of common stock, par value $0.0001 (“Common Stock”) outstanding and 51 shares of Series A Preferred Stock (“Preferred Stock”) outstanding, and entitled to be voted at the Special Meeting. At the Special Meeting, the following three proposals were submitted to the Company’s stockholders: 1. To approve an amendment to the Company’s Certificate of Incorporation to effect, on or before February 16, 2023, a reverse split...

Gran Tierra Energy Inc. Announces 2022 Guidance

Written by Customer Service on December 9, 2021. Posted in Public Companies.

2022 Capital Expenditure Budget of $220-240 Million, Expected 2022 Cash Flow1 of $270-290 Million Forecast 2022 Production of 30,500-32,500 BOPD, an Increase of 19% from 2021 and 39% from 2020 Forecast 2022 Free Cash Flow2 of $40-60 Million After Fully Funded 2022 Exploration Program 2021 Year-End Credit Facility Balance Expected to be Under $70 Million Full Repayment of Credit Facility Expected in 2022 Fitch Ratings Upgrade to ‘B-’, Outlook Stable CALGARY, Alberta, Dec. 09, 2021 (GLOBE NEWSWIRE) — Gran Tierra Energy Inc. (“Gran Tierra” or the “Company”) (NYSE American:GTE)(TSX:GTE)(LSE:GTE) today announced its 2022 capital budget and production guidance. All dollar amounts are in United States dollars and all production volumes are on a working interest before royalties basis and are expressed in barrels (“bbl”) of oil per day...

Codere Online Begins Operations in the City of Buenos Aires

Written by Customer Service on December 9, 2021. Posted in Public Companies.

MADRID, Spain and BUENOS AIRES, Argentina, Dec. 09, 2021 (GLOBE NEWSWIRE) — Codere Online (NASDAQ: CDRO), a leading online gaming and sports betting operator in Latin America, today announced it has started to operate in the City of Buenos Aires (Argentina). Codere Online offers its online gaming and sports betting services through www.codere.bet.ar pursuant to an initial 5-year license granted by LOTBA, the gaming regulator of the City of Buenos Aires. Gross gaming revenue (GGR) generated pursuant to this license will be subject to a 10% gaming tax payable to LOTBA. Customers, who must be 18 or older and located in the City of Buenos Aires, will be able to use Codere Online’s online gaming and sports betting services through their computers, tablets or cell phones. Bets will be available on numerous sporting events throughout...

Jane Musser Nelson Joins the Boards of Directors of Adams Diversified Equity Fund and Adams Natural Resources Fund

Written by Customer Service on December 9, 2021. Posted in Public Companies.

BALTIMORE, Md., Dec. 09, 2021 (GLOBE NEWSWIRE) — The Boards of Directors of Adams Diversified Equity Fund (NYSE: ADX) and Adams Natural Resources Fund (NYSE: PEO), two of the nation’s oldest closed-end funds, announce the election of Jane Musser Nelson as an independent director of the Funds, effective December 9, 2021. Ms. Musser Nelson is a seasoned investment management professional specializing in traditional and alternative financial assets, as well as an experienced corporate board member who brings more than 30 years of experience to the Adams Funds. Currently an adviser to investment firms, foundations and trusts, Ms. Musser Nelson formerly was the Managing Director of Investments for Cambridge Associates, a global asset manager for endowments, private wealth and pension plans. Prior to that she served in senior management...

CubeSmart Announces Closing of the Storage West Acquisition

Written by Customer Service on December 9, 2021. Posted in Mergers And Acquisitions.

MALVERN, Pa., Dec. 09, 2021 (GLOBE NEWSWIRE) — CubeSmart (NYSE: CUBE) announced today that it has closed on the previously announced acquisition of LAACO, LTD., the owner of the Storage West self-storage platform. With this acquisition, CubeSmart has added 59 high-quality assets to its portfolio in the desirable western markets of Southern California (22), Phoenix (17), Las Vegas (13), and Houston (7). Two of the properties in Southern California are owned by separate joint ventures, of which CUBE now owns a 50% interest. “We are excited to officially welcome the Storage West stores and the LAACO teammates to CubeSmart’s national platform. This accretive transaction represented a unique opportunity to expand our footprint across these rapidly growing top-40 MSAs,” commented Christopher P. Marr, President and Chief Executive Officer....

Omega Flex, Inc. Announces Regular Quarterly Dividend for the Fourth Quarter 2021

Written by Customer Service on December 9, 2021. Posted in Dividend Reports And Estimates.

EXTON, Pa., Dec. 09, 2021 (GLOBE NEWSWIRE) — Omega Flex, Inc. (the “Company”) (NASDAQ: OFLX) today announced that the Board of Directors declared a regular quarterly dividend of $0.30 per share payable on December 30, 2021, to shareholders of record on December 21, 2021. Kevin R. Hoben, the Company’s chairman stated that: “The commitment of Omega Flex, Inc. to its shareholders is reflected in part by the payment of this regular quarterly dividend. As the Company continues to emerge from this challenging time for the country and the economy, this dividend is the best indication of our belief in the Company’s ability to weather this storm.” In determining the amount of future regular quarterly dividends, the Board will review the cash needs of the Company, and based on results of operations, financial condition, capital expenditure...

Day: December 9, 2021

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