Year: 2021

PowerFleet Reports Third Quarter 2021 Financial Results

Written by Customer Service on November 4, 2021. Posted in Public Companies.

WOODCLIFF LAKE, N.J., Nov. 04, 2021 (GLOBE NEWSWIRE) — PowerFleet, Inc. (Nasdaq: PWFL), a global leader and provider of subscription-based wireless IoT and M2M solutions for securing, controlling, tracking, and managing high-value enterprise assets, reported results for the third quarter and nine months ended September 30, 2021. Third Quarter 2021 Financial HighlightsTotal revenue was $29.2 million, up 6% year-over-year. High margin, recurring and services revenue increased 10% year-over-year to $18.5 million, or 63% of total revenue. At quarter end, cash and cash equivalents totaled $33.8 million and working capital was $49.4 million.Nine Month 2021 Financial HighlightsTotal revenue was $91.8 million, up 9% year-over-year. High margin, recurring and services revenue increased 7% to $54.1 million, or 59% of total revenue.Third...

Marimaca Targeting Industry-Leading Low-Carbon Emissions

Written by Customer Service on November 4, 2021. Posted in Public Companies.

Figure 1Average emission intensity by product, Kg CO2-e / t CuEq – Concentrates vs. SX-EW CathodeFigure 22025 Scope 1 and 2 emissions intensity by copper mine site, kg CO2e per tonne of CuEqVANCOUVER, British Columbia, Nov. 04, 2021 (GLOBE NEWSWIRE) — Marimaca Copper Corp. (“Marimaca Copper” or the “Company”) (TSX: MARI) is pleased to announce results from a recently completed study by leading research & consultancy firm, Wood Mackenzie (“Wood Mac”), examining Marimaca Copper’s expected carbon emissions targets during the development and operation of the Marimaca Oxide Deposit (the “MOD” or the “Project”) (the “Study”). The Study confirms the validity of the Company’s target to deliver a world-class ‘green copper’ project with industry-leading carbon emissions. Highlights:Marimaca Project...

Kronos Bio Announces Participation in the BMO Biopharma Spotlight Series: Emerging Trends and Therapeutics in Oncology

Written by Customer Service on November 4, 2021. Posted in Public Companies.

SAN MATEO, Calif., and CAMBRIDGE, Mass., Nov. 04, 2021 (GLOBE NEWSWIRE) — Kronos Bio, Inc. (Nasdaq: KRON), a company dedicated to transforming the lives of those affected by cancer, today announced that Charles Lin, Ph.D., Senior Vice President, Biology, will participate in the Emerging Trends and Therapeutics in Oncology panel at the BMO Biopharma Spotlight Series on Monday, November 8 at 3:25 p.m. Eastern Time. A replay of the panel will be posted to the Investors & Media section of the company’s website at www.kronosbio.com and will be available for one month following the event. About Kronos Bio, Inc.Kronos Bio is a clinical-stage biopharmaceutical company dedicated to discovering and developing therapies that seek to transform the lives of those affected by cancer. The company focuses on targeting dysregulated transcription...

Mirasol Resources Introduces the Sobek Copper Project, Chile

Written by Customer Service on November 4, 2021. Posted in Public Companies.

Located in an emerging mineral district: 7 km west of Filo del Sol and 10 km west of Josemaria 2,690 line-km high resolution aeromagnetic survey completedVANCOUVER, British Columbia, Nov. 04, 2021 (GLOBE NEWSWIRE) — Mirasol Resources Ltd. (TSX-V: MRZ) (OTCPK: MRZLF) (the “Company” or “Mirasol”) is pleased to introduce the Company’s 100%-owned Sobek Cu project (“Sobek”) in Chile. Sobek was staked by Mirasol based on prospective local structural architecture with an important north-northeast trending mineralized structural corridor crosscut by north-northwest trending deep seated trans-cordilleran lineaments. The Sobek property land position was recently expanded following significant results reported by Filo Mining Corp. from its Filo del Sol project, which included a remarkable intercept of 858m at 1.80% CuEq (including 163m...

United Fire Group, Inc. Reports Third Quarter 2021 Results

Written by Customer Service on November 4, 2021. Posted in Public Companies.

CEDAR RAPIDS, Iowa, Nov. 04, 2021 (GLOBE NEWSWIRE) — United Fire Group, Inc. (Nasdaq: UFCS), Consolidated Financial Results – Highlights(1):Three Months Ended September 30, 2021 Nine Months Ended September 30, 2021 Net income (loss) per diluted share $ (0.38 ) Net income per diluted share $ 0.90 Adjusted operating income (loss)(2) per diluted share $ (0.31 ) Adjusted operating income(2) per diluted share $ 0.02 Net realized investment gains (losses) per diluted share $ (0.07 ) Net realized investment gains per diluted share $ 0.88 GAAP combined ratio 109.7 % GAAP combined ratio 106.1 % Book value per share $ 32.48 Return on equity(3) 3.7 %United Fire Group, Inc. (the “Company” or “UFG”) (Nasdaq: UFCS) today reported a consolidated net loss, including...

BurgerFi Completes $156.6 Million Acquisition of Anthony’s Coal Fired Pizza & Wings

Written by Customer Service on November 4, 2021. Posted in Mergers And Acquisitions.

Establishes Multi-Brand Platform of Premium Restaurant Concepts PALM BEACH, FL and FORT LAUDERDALE, FL, Nov. 04, 2021 (GLOBE NEWSWIRE) — BurgerFi International Inc. (Nasdaq: BFI, BFIIW) (“BurgerFi” ), the owner of one of the nation’s fastest-growing premium fast-casual concepts through the BurgerFi brand, is announcing the successful completion of its pending acquisition of Anthony’s Coal Fired Pizza & Wings (“Anthony’s”) from L Catterton for $156.6 million. Ophir Sternberg, Executive Chairman of BurgerFi commented, “This acquisition marks a significant step forward in BurgerFi’s ongoing growth strategy and transition into a premium multibrand platform.” Anthony’s, founded in 2002 and headquartered in Fort Lauderdale, FL, is a leading operator of casual dining pizza restaurants with a very loyal fan base and, like BurgerFi,...

OceanFirst Financial Corp. and Partners Bancorp Announce Merger Agreement

Written by Customer Service on November 4, 2021. Posted in Mergers And Acquisitions.

Accelerates OceanFirst’s Strategic Expansion into Attractive Baltimore / Washington D.C. Region and Adds High-Growth, Commercial-Oriented Franchise with Stable Deposit Base RED BANK, N.J. and SALISBURY, Md., Nov. 04, 2021 (GLOBE NEWSWIRE) — OceanFirst Financial Corp. (NASDAQ:OCFC) (“OceanFirst”), parent company of OceanFirst Bank N.A. (“OceanFirst Bank”), and Partners Bancorp (NASDAQ: PTRS) (“Partners”), parent company of The Bank of Delmarva (and its division, Liberty Bell Bank), headquartered in Seaford, Delaware, and Virginia Partners Bank (and its division Maryland Partners Bank), headquartered in Fredericksburg, Virginia, jointly announced today that they have entered into a definitive agreement and plan of merger pursuant to which Partners will merge into OceanFirst, with OceanFirst surviving. Upon completion of the Partners...

Consolidated Uranium Proposed Spin-Out, Labrador Uranium, Continues Consolidation in the Central Mineral Belt with the Acquisition of Mustang Lake

Written by Customer Service on November 4, 2021. Posted in Mergers And Acquisitions.

Figure 1Central Mineral BeltTORONTO, Nov. 04, 2021 (GLOBE NEWSWIRE) — Consolidated Uranium Inc. (“CUR”, the “Company” or “Consolidated Uranium”) (TSXV: CUR) (OTCQB: CURUF) is pleased to announce that further to its press release on October 18, 2021 regarding the creation and planned spin-out of Labrador Uranium Inc. (“Labrador Uranium” or “LUR”), the Company and LUR have entered into a purchase agreement (the “Purchase Agreement”) with Mega Uranium Ltd. (“Mega”) and its wholly-owned subsidiary, pursuant to which LUR has agreed to acquire Mega’s 66% participating interest in the joint venture (the “JV Interest”) that holds a 100% interest in the Mustang Lake project (the “Mustang Lake Project”), a prospective uranium project located in the Central Mineral Belt of Labrador, approximately 9.5 kilometres northeast...

The Tile Shop Declares Special Dividend of $0.65 Per Share

Written by Customer Service on November 4, 2021. Posted in Dividend Reports And Estimates.

MINNEAPOLIS, Nov. 04, 2021 (GLOBE NEWSWIRE) — Tile Shop Holdings, Inc. (Nasdaq: TTSH) (the “Company”), a specialty retailer of natural stone and man-made tiles, setting and maintenance materials and related accessories, today announced that the Board of Directors of the Company (the “Board”) has declared a special dividend of $0.65 per share payable on December 3, 2021 to the Company’s shareholders of record at the close of business on November 19, 2021. After review and consideration of capital allocation alternatives with its financial advisor, the Independent Transaction Committee of the Board has unanimously recommended that the Board approve a special dividend of $0.65 per share, and the members of the Board have unanimously approved this recommendation. Cabell Lolmaugh, Chief Executive Officer, stated, “Our 2021 financial...

The Tile Shop Reports Third Quarter 2021 Results

Written by Customer Service on November 4, 2021. Posted in Dividend Reports And Estimates.

MINNEAPOLIS, Nov. 04, 2021 (GLOBE NEWSWIRE) — Tile Shop Holdings, Inc. (Nasdaq: TTSH) (the “Company”), a specialty retailer of natural stone and man-made tiles, setting and maintenance materials, and related accessories, today announced results for its third quarter ended September 30, 2021. Third Quarter Summary Net Sales Increased 13.2%Comparable Store Sales Increased 12.8% Gross Margin of 68.2%Net income of $2.2 Million; Adjusted EBITDA of $10.4 MillionDiluted Earnings per Share $0.04 Management Commentary – Cabell Lolmaugh, CEO “Our net sales results represent the highest level of third quarter revenue in our company history. While we’re pleased with the overall sales results, we are seeing an increase in the cost to purchase products from our suppliers as well as the cost to ship inventory from our suppliers to our distribution...

Year: 2021

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