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Year: 2021

First Hawaiian, Inc. CFO to Leave the Company in January 2022

HONOLULU, Dec. 17, 2021 (GLOBE NEWSWIRE) — First Hawaiian, Inc. (NASDAQ: FHB), the parent company of First Hawaiian Bank announced today that Ravi Mallela, Executive Vice President and Chief Financial Officer of First Hawaiian, Inc. and First Hawaiian Bank, has resigned for personal reasons, effective at the close of business on January 7, 2022. Effective January 8th, Ralph Mesick, Vice Chairman and Chief Risk Officer, will serve as interim CFO as the company conducts a search for a permanent replacement.  “Ravi has been a key member of our management team over the last three years,” said Bob Harrison, chairman, president, and CEO. “We would like to thank Ravi for his contributions and wish him well.” “It has been a privilege to work at such a fine and storied institution as First Hawaiian Bank,” said First Hawaiian CFO, Ravi Mallela....

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First Citizens, CIT Announce Receipt of Regulatory Approvals for Merger

RALEIGH, N.C. and NEW YORK, Dec. 17, 2021 (GLOBE NEWSWIRE) — First Citizens BancShares, Inc. (NASDAQ: FCNCA) (“First Citizens”), the parent company of First-Citizens Bank & Trust Company, and CIT Group Inc. (NYSE: CIT) (“CIT”), the parent company of CIT Bank, N.A., jointly announced that their previous proposal to merge the two companies has received approval from the Board of Governors of the Federal Reserve System today. The merger has previously received approvals from the Federal Deposit Insurance Corporation and the Office of the North Carolina Commissioner of Banks. Completion of the proposed merger remains subject to a 15-day waiting period and the satisfaction or waiver of other customary closing conditions and is expected to occur as soon as practicable in early January 2022. The combined company will operate under...

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Purpose Investments Inc. Announces December Monthly Distributions and Final Annual 2021 Capital Gains Distributions

TORONTO, Dec. 17, 2021 (GLOBE NEWSWIRE) — Purpose Investments Inc. (“Purpose”) is pleased to announce distributions for the month of December 2021 and final annual 2021 capital gain distributions for its open-end exchange traded funds and closed-end funds (“the Funds”). December 2021 Monthly Distributions The ex-distribution date for all ETFs is December 24, 2021, with the exception of Purpose High Interest Savings ETF and Purpose US Cash Fund, which have an ex-distribution date of December 31, 2021. The ex-distribution date for all closed-end funds is December 30, 2021.   Open-End Funds Ticker Symbol Distribution per share/unit Record Date Payable Date Distribution FrequencyPurpose Core Dividend Fund – ETF Series PDF $0.08501 12/29/2021 01/10/2022 MonthlyPurpose Enhanced Dividend Fund – ETF Series PDIV $0.05221 12/29/2021 01/10/2022 MonthlyPurpose...

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InMed Announces Results of 2021 Annual General Meeting

VANCOUVER, British Columbia, Dec. 17, 2021 (GLOBE NEWSWIRE) — InMed Pharmaceuticals Inc. (“InMed” or the “Company”) (Nasdaq: INM), a leader in the development, manufacturing and commercialization of rare cannabinoids, today confirmed that, at its annual general meeting of shareholders held on December 17, 2021 (the “Meeting”), all of the matters put forward before shareholders for consideration and approval as set out in InMed’s notice of meeting and management information circular, dated October 28, 2021, were approved by the shareholders. In particular, shareholders approved the election of all director nominees to hold office until the next annual meeting of shareholders or until their successors are elected or appointed. Results of the vote for the election of directors at the Meeting are set out as follows:Director Votes...

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Western Uranium & Vanadium Corp. Closes Non-Brokered Private Placement

FOR IMMEDIATE RELEASE Toronto, Ontario and Nucla, Colorado , Dec. 17, 2021 (GLOBE NEWSWIRE) — Western Uranium & Vanadium Corp. (CSE: WUC) (OTCQX: WSTRF) (“Western” or the ”Company”) is pleased to announce the closing of a non-brokered private placement (the “Private Placement”) of 372,966 units (the ”Units”) at a price of CAD$1.60 per Unit. The aggregate gross proceeds raised in this Private Placement amount to CAD$596,746. Each Unit consists of one common share of Western (a “Share“) plus one common share purchase warrant of Western (a “Warrant”). Each Warrant shall entitle the holder to purchase one Share at a price of CAD$2.50 per Share for a period of three years following the closing date of the Private Placement.  A total of 372,966 Shares and 372,966 Warrants are being issued in the Private Placement. The...

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Sabre Gold Announces Results of 2021 Annual and Special Meeting of Shareholders

VANCOUVER, British Columbia, Dec. 17, 2021 (GLOBE NEWSWIRE) — Sabre Gold Mines Corp. (TSX:SGLD; OTCQB:SGLDF) (the “Company” or “Sabre Gold”) announces that shareholders voted in favor of all resolutions presented in its management information circular at the Annual and Special Meeting of Shareholders (the “Meeting”) held on December 17, 2021. A total of 238,344,192 common shares were voted at the Meeting, representing 37.66% of the votes attached to all outstanding common shares and voting results are as follows:      VotesDescription Outcome Votes For WithheldElection of Directors      William M. Sheriff Carried 191,329,827 32,170,653    85.61% 14.39%Fahad Al Tamimi Carried 188,681,371 34,819,109    84.42% 15.58%Claudio Ciavarella Carried 188,653,959 34,846,521    84.41% 15.59%Tony Lesiak Carried 193,719,460 29,781,020    86.68% 13.33%Stefan...

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Regimen Equity Partners’ portfolio company, All Gold Imports, accelerates its United States expansion plans by acquiring The Hemisphere Group

VANCOUVER, British Columbia, Dec. 17, 2021 (GLOBE NEWSWIRE) — Regimen Equity Partners Inc. (“Regimen”) is pleased to announce the acquisition of The Hemisphere Group (“Hemisphere” or “the Company”) by its portfolio company, All Gold Imports Inc. (“All Gold”). Hemisphere is a strategic acquisition and substantially increases All Gold’s presence in the northeastern US. Hemisphere’s founder, Adam Green, will continue as President with strategic direction and oversight coming from All Gold and Regimen. Located in Smithtown, NY, Hemisphere is an established importer and distributor of bulk nuts, seeds, and dried fruits. The Company sources and supplies high quality products in the US and internationally. Over the past three decades, Hemisphere has gradually expanded its product selection while maintaining a reputation of providing exceptional,...

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Stitch Fix Announces New Employee Inducement Grant

SAN FRANCISCO, Dec. 17, 2021 (GLOBE NEWSWIRE) — Stitch Fix, Inc. (NASDAQ:SFIX), the leading online personal styling service, today announced that effective December 14, 2021, the compensation committee of the company’s board of directors granted Linda Aiello the option to purchase 315,347 shares of the company’s Class A common stock, at a per share exercise price of $18.50, and restricted stock units to acquire 52,558 shares of the company’s Class A common stock. The stock options vest over three years, with one sixth of the shares vesting on the six-month anniversary of Ms. Aiello’s grant date and the remainder vesting in equal monthly installments thereafter, subject to Ms. Aiello’s continued service on each vesting date. The restricted stock units vest over three years, with one sixth of the shares vesting on June 15, 2022,...

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Interfor Expands and Extends Its Revolving Credit Facility

BURNABY, British Columbia, Dec. 17, 2021 (GLOBE NEWSWIRE) — INTERFOR CORPORATION (“Interfor” or the “Company”) (TSX: IFP) today announced that it has closed an early renewal and expansion of its revolving credit facility with a syndicate of major Canadian and U.S. banks co-led by RBC Capital Markets, TD Securities and Wells Fargo. The commitment amount under the facility has been increased by C$150 million to a total of C$500 million, and the term of the facility has been extended from March 2024 to December 2026. The security, covenants and pricing grid remain unchanged.   In addition, the renewal includes the increased ability to secure additional long-term debt financing, which will enhance the Company’s ongoing financial flexibility. At September 30, 2021, Interfor had C$836 million of available liquidity, including C$509 million...

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Zai Lab Partner argenx Announces U.S. Food and Drug Administration (FDA) Approval of VYVGART™ (efgartigimod alfa-fcab) in Generalized Myasthenia Gravis

VYVGART is the first and only FDA-approved neonatal Fc receptor blocker68% of anti-acetylcholine receptor (AChR) antibody positive gMG patients treated with VYVGART were responders (n=44/65) on the Myasthenia Gravis – Activities of Daily Living (MG-ADL) scale compared with 30% of patients treated with placebo (n=19/64) (p

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