Year: 2021

The Royalties paid to the Government of Brazil has been reduced from 10% and 9.7% to 7.5% at the Tie and Tartaruga fields respectively.  The Board of Directors of the Brazilian National Agency of Oil, Natural Gas and Biofuels (“ANP”) has issued a Resolution approving Maha Energy Brasil Ltda.’s (“MEBL”) request of reduction of royalties concerning the Tiê and Tartaruga concession agreements, on the grounds of ANP Resolution No. 853/2021, which regulates this proceeding. Currently, the amounts of royalties due by the  Tiê and Tartaruga Fields are 10%, and 9,7% respectively. The new royalties due by each of the above-mentioned fields will now be 7,5% as both are operated by MEBL, which is considered a “mid-size company”, in accordance with ANP Resolution No. 32/2014 – since it has an aggregate average annual production of less than 10,000...

BRONX, New York, Dec. 28, 2021 (GLOBE NEWSWIRE) — PDL Community Bancorp (“PDL”) (NASDAQ: PDLB), the holding company for Ponce Bank (the “Bank”), Mortgage World Bankers, Inc. (“Mortgage World”) and Ponce Financial Group, Inc. (“Ponce Financial Group”), announced today (i) the results of the subscription offering, as detailed below, and (ii) that at the special meeting of stockholders held on December 28, 2021, the stockholders of PDL approved (a) the plan of conversion and reorganization, pursuant to which Ponce Financial Group will be the new stock holding company for the Bank and Mortgage World upon completion of the proposed second-step conversion and reorganization of Ponce Bank Mutual Holding Company (“PBMHC”) and (b) the funding of the Ponce De Leon Foundation (the “Foundation”). The closing date for the conversion and reorganization,...

ALEXANDRIA, La., Dec. 28, 2021 (GLOBE NEWSWIRE) — It is with great sadness that we announce the passing of Barry D. Hines, director of Red River Bank and its parent company, Red River Bancshares, Inc. (Nasdaq: RRBI). Mr. Hines passed away on Sunday, December 26, 2021, in Alexandria, Louisiana, surrounded by his family. “Barry was one of our organizing directors, embracing the vision of Red River Bank since it started in 1999. His experience in public finance and health care provided valuable insight and guidance to management and the board. Barry made a tremendous contribution to our company, and his wit, wisdom, counsel, and love of life will be greatly missed,” said Blake Chatelain, president and CEO of Red River Bancshares, Inc. and Red River Bank. “The Red River Bank family extends our heartfelt sympathies to Barry’s family...

HUNTINGTON BEACH, CA, Dec. 28, 2021 (GLOBE NEWSWIRE) — via NewMediaWire — One World Universe Inc. (OTC: OWUV), a publicly traded company that invests in sports related businesses, distressed assets, business opportunities within emerging industries such as the Metaverse and providing humanitarian efforts in over 185 countries, announced today that management has completed its share buyback of 5 million common shares.   “As promised, the CEO and I have reached our commitment of buying back 5 million shares. I have spoken to the transfer agent and will begin a 3-step process of transferring these common shares back into the treasury which will commence after the new year,” stated Caren Currier, CFO of One World Universe. The company is feverishly attempting to deliver on previously mentioned commitments. Management anticipates...

LEAWOOD, Kan., Dec. 28, 2021 (GLOBE NEWSWIRE) — CrossFirst Bankshares, Inc. (Nasdaq: CFB), the parent company of CrossFirst Bank, announced today that management will host a conference call to review fourth quarter and full-year 2021 financial results on Tuesday, January 25, 2022, at 11:00 AM ET. The results are scheduled to be released after the market closes on Monday, January 24, 2022. To access the event by telephone, please dial (877) 621-5851 at least fifteen minutes prior to the start of the call and provide conference number 9688475. International callers should dial +1 (470) 495-9492 and enter the same conference number. The call will also be broadcast live over the internet and can be accessed via the following link:  https://edge.media-server.com/mmc/p/rienoizn. Please visit the site at least 15 minutes prior to the...

Dallas, Texas, Dec. 28, 2021 (GLOBE NEWSWIRE) — Priority Aviation, Inc. (OTC Pink: PJET) (“PJET”) today announced the company will soon be introducing electric motorcycles and scooters for use on university campuses. PJET plans to start taking orders in the first quarter of 2022.  The company is launching a university campus roadshow first in Texas, where it will bring its electric motorcycle and scooter models to campuses for demonstrations and to take orders. PJET recently introduced a new business focus, delivering technology solutions to improve the student living experience. The PJET student living technology solution is centered on a Student Housing By Owner (SHBO) App. The development of the App is complete, and the App is now undergoing an internal quality review. The App is expected to launch in production imminently. PJET...

Dallas, Texas, Dec. 28, 2021 (GLOBE NEWSWIRE) — WaterPure International, Inc. (OTC Pink: WPUR) today announced the company has initiated a solar farm project with the goal of becoming one of the largest solar farms in the world. Currently, Africa is not included on the list of the 15 largest solar farms in the world. WPUR plans to change that. WPUR has recently refreshed its commitment to delivering water management technologies to the water utilities market and added electric technology innovations for the electric utilities market as an additional focus. WPUR recently announced with Alternet Systems, Inc. (OTC Pink: ALYI) partnering on the implementation of an off grid electric vehicle (EV) charging solution to be rolled out in Kenya. The solar farm project announced today is intended to be phased into WPUR’s partnership with...