Year: 2021
TORONTO, Dec. 16, 2021 (GLOBE NEWSWIRE) — Middlefield Group is pleased to announce a series of product enhancements to better address the needs of financial advisors and investors. As outlined below, we will be merging and converting several of our leading Closed-End Fund strategies to create a more straightforward and cost-effective ETF platform. The Manager believes these conversions and mergers will benefit unitholders as they create larger and more liquid investments, resulting in tighter bid-ask spreads, lower expense ratios and unit prices that trade closer to their net asset value.Actively Managed Funds Focused on Equity IncomeIn keeping with our objective of providing value-added solutions that align with Middlefield’s areas of expertise and focus on equity income, these additions to our actively managed global ETF...
Middlefield Expands Actively Managed Global ETF Platform
Written by Customer Service on . Posted in Public Companies.
TORONTO, Dec. 16, 2021 (GLOBE NEWSWIRE) — Middlefield Group is pleased to announce a series of product enhancements to better address the needs of financial advisors and investors. As outlined below, we will be merging and converting several of our leading Closed-End Fund strategies to create a more straightforward and cost-effective ETF platform. The Manager believes these conversions and mergers will benefit unitholders as they create larger and more liquid investments, resulting in tighter bid-ask spreads, lower expense ratios and unit prices that trade closer to their net asset value.Actively Managed Funds Focused on Equity IncomeIn keeping with our objective of providing value-added solutions that align with Middlefield’s areas of expertise and focus on equity income, these additions to our actively managed global ETF...
Middlefield Expands Actively Managed Global ETF Platform
Written by Customer Service on . Posted in Public Companies.
TORONTO, Dec. 16, 2021 (GLOBE NEWSWIRE) — Middlefield Group is pleased to announce a series of product enhancements to better address the needs of financial advisors and investors. As outlined below, we will be merging and converting several of our leading Closed-End Fund strategies to create a more straightforward and cost-effective ETF platform. The Manager believes these conversions and mergers will benefit unitholders as they create larger and more liquid investments, resulting in tighter bid-ask spreads, lower expense ratios and unit prices that trade closer to their net asset value.Actively Managed Funds Focused on Equity Income
In keeping with our objective of providing value-added solutions that align with Middlefield’s areas of expertise and focus on equity income, these additions to our actively managed global...
Middlefield Expands Actively Managed Global ETF Platform
Written by Customer Service on . Posted in Public Companies.
TORONTO, Dec. 16, 2021 (GLOBE NEWSWIRE) — Middlefield Group is pleased to announce a series of product enhancements to better address the needs of financial advisors and investors. As outlined below, we will be merging and converting several of our leading Closed-End Fund strategies to create a more straightforward and cost-effective ETF platform. The Manager believes these conversions and mergers will benefit unitholders as they create larger and more liquid investments, resulting in tighter bid-ask spreads, lower expense ratios and unit prices that trade closer to their net asset value.Actively Managed Funds Focused on Equity IncomeIn keeping with our objective of providing value-added solutions that align with Middlefield’s areas of expertise and focus on equity income, these additions to our actively managed global ETF...
Middlefield Expands Actively Managed Global ETF Platform
Written by Customer Service on . Posted in Public Companies.
TORONTO, Dec. 16, 2021 (GLOBE NEWSWIRE) — Middlefield Group is pleased to announce a series of product enhancements to better address the needs of financial advisors and investors. As outlined below, we will be merging and converting several of our leading Closed-End Fund strategies to create a more straightforward and cost-effective ETF platform. The Manager believes these conversions and mergers will benefit unitholders as they create larger and more liquid investments, resulting in tighter bid-ask spreads, lower expense ratios and unit prices that trade closer to their net asset value.Actively Managed Funds Focused on Equity IncomeIn keeping with our objective of providing value-added solutions that align with Middlefield’s areas of expertise and focus on equity income, these additions to our actively managed global ETF...
HCI Group to Acquire Insurance Business in Three Southeast States from United Insurance Holdings Corp.
Written by Customer Service on . Posted in Mergers And Acquisitions.
TAMPA, Fla., Dec. 16, 2021 (GLOBE NEWSWIRE) — HCI Group, Inc. (NYSE:HCI), a holding company with operations in homeowners insurance, information technology services, reinsurance and real estate, has reached an agreement in principle with United Insurance Holdings Corp. (NASDAQ: UIHC) to transition all of United’s personal lines insurance business in the states of Georgia, North Carolina, and South Carolina to HCI. The business to be transitioned represents approximately $90 million of annual premiums.
Under the agreement, HCI will provide 85% quota share reinsurance on all of United’s in-force, new and renewal policies in Georgia, North Carolina, and South Carolina from December 31, 2021 through May 31, 2022. In exchange, HCI will pay United a provisional ceding commission of 25% of premium earned and that percentage could increase...
Extendicare Announces December 2021 Dividend of C$0.04 per Share
Written by Customer Service on . Posted in Dividend Reports And Estimates.
MARKHAM, Ontario, Dec. 16, 2021 (GLOBE NEWSWIRE) — Extendicare Inc. (“Extendicare” or the “Company”) (TSX: EXE) announced that it has declared a cash dividend of C$0.04 per common share of the Company (the “Common Share”) for the month of December 2021, which is payable on January 17, 2022 to shareholders of record at the close of business on December 31, 2021. This dividend is designated as an “eligible dividend” within the meaning of the Income Tax Act (Canada).
About Extendicare
Extendicare is a leading provider of care and services for seniors across Canada, operating under the Extendicare, Esprit Lifestyle, ParaMed, Extendicare Assist, and SGP Purchasing Partner Network brands. We are committed to delivering quality care throughout the health continuum to meet the needs of a growing seniors population. We operate or provide...
Ring Energy Increases Fourth Quarter 2021 Sales Guidance, Summarizes Successful 2021 Drilling Program and Discusses 2022 Drilling Plans
Written by Customer Service on . Posted in Public Companies.
THE WOODLANDS, Texas, Dec. 16, 2021 (GLOBE NEWSWIRE) — Ring Energy, Inc. (NYSE American: REI) (“Ring” or the “Company”) today announced an increase to its fourth quarter 2021 sales guidance, summarized its successful 2021 drilling program and provided an outlook on its 2022 drilling program.
Key HighlightsIncreased fourth quarter 2021 sales guidance to 9,000 to 9,300 barrels of oil equivalent per day (“Boepd”), with 85% being oil sales due to the strong production performance in October and November from the four wells included in the Phase III program, as well as recent positive initial results from the two wells included in the Phase IV program;
Completion of Phase IV program marks the culmination of a successful 2021 development campaign;Drilled 11 wells, including eight in the Northwest Shelf (“NWS”) and three in the Central...
Highland Copper announces AGM results, New Chair of the Board and Option Grants
Written by Customer Service on . Posted in Public Companies.
LONGUEUIL, Quebec, Dec. 16, 2021 (GLOBE NEWSWIRE) — Highland Copper Company Inc. (TSXV: HI, OTCQB: HDRSF) (the “Company”) is pleased to report that all proposed resolutions described in the Company’s Management Information Circular dated November 10, 2021 were approved at the Company’s annual meeting of the shareholders held earlier today.
The Board of directors of the Company is now composed of eight directors: Denis Miville-Deschênes, Jo Mark Zurel and the six newly elected directors: Jonathan Cherry, Caroline Donally, Iain Farmer, Stephen J. Hicks, Melanie R. Miller and David B. Tennant. In addition to the election of directors, the shareholders voted in favour of the re-appointment of KPMG LLP as auditors of the Company and in favour of re-approving the Company’s Stock Option Plan. Shareholders holding over 82% of the...
RPT Realty Announces Acquisition of Highland Lakes in the Tampa, FL Market
Written by Customer Service on . Posted in Mergers And Acquisitions.
NEW YORK, Dec. 16, 2021 (GLOBE NEWSWIRE) — RPT Realty (NYSE:RPT) (“RPT” or the “Company”) announced today that it acquired the Highland Lakes shopping center in Palm Harbor, FL for a contract price of $15.0 million. Highland Lakes is an 82,000 square foot open-air community center in the Tampa market, which is RPT’s fifth largest market based on annualized base rent. The Company is finalizing a new lease with an investment grade grocer to replace a vacant former Steinmart box, which will increase occupancy to over 95%, while significantly enhancing the value of the center. Upon commencement of the new grocer lease, the Company expects to generate a stabilized yield to current market cap rate spread of approximately 150 basis points.
“Highland Lakes is an off market deal that was identified by our leasing team, highlighting the...
