Endeavour Silver Announces Filing of NI 43-101 Reports on Guanacevi and Bolanitos Projects

Written by Customer Service on January 19, 2022. Posted in Public Companies.

VANCOUVER, British Columbia, Jan. 19, 2022 (GLOBE NEWSWIRE) — Endeavour Silver Corp. (“Endeavour” or the “Company”) (TSX: EDR, NYSE: EXK) announces today that it filed two technical reports (the “Technical Reports”) prepared in accordance with National Instrument 43-101 – Standards of Disclosure for Mineral Projects. The Technical Reports are titled “NI 43-101 Technical Report: Updated Mineral Resource and Reserve Estimates for the Guanaceví Project, Durango State, Mexico” and “NI 43-101 Technical Report: Updated Mineral Resource and Reserve Estimates for the Bolañitos Project, Guanajuato State, Mexico”. Both Technical Reports have an effective date of December 31, 2020 and support the disclosure made by the Company in its February 3, 2021 news release announcing the updated 2020 Mineral Reserve and Resource Estimates. There are...

Welsbach Technology Metals Acquisition Corp. Announces the Separate Trading of its Common Stock and Rights, Commencing January 20, 2022

Written by Customer Service on January 19, 2022. Posted in Public Companies.

New York, NY, Jan. 19, 2022 (GLOBE NEWSWIRE) — Welsbach Technology Metals Acquisition Corp. (NASDAQ: WTMAU) (the “Company”) announced that, commencing January 20, 2022, holders of the units sold in the Company’s initial public offering may elect to separately trade shares of the Company’s common stock and rights included in the units. No fractional rights will be issued upon separation of the units and only whole rights will trade. Common stock and rights that are separated will trade on the Nasdaq Global Market under the symbols “WTMA” and “WTMAR,” respectively. Those units not separated will continue to trade on the Nasdaq Global Market under the symbol “WTMAU.” This press release shall not constitute an offer to sell or the solicitation of an offer to buy the securities of the Company, nor shall there be any sale of these securities...

Preferred Bank Reports Quarterly and Annual Earnings

Written by Customer Service on January 19, 2022. Posted in Public Companies.

LOS ANGELES, Jan. 19, 2022 (GLOBE NEWSWIRE) — Preferred Bank (NASDAQ: PFBC), one of the larger independent California banks, today reported results for the quarter and year ended December 31, 2021. Preferred Bank (“the Bank”) reported net income of $26.4 million or $1.80 per diluted share for the fourth quarter of 2021. This is an increase of $5.5 million or 26.5% over the same quarter last year and up from the $26.1 million or $1.76 per share posted in the third quarter of 2021. The primary reasons for the increase compared to the prior year was a $4.2 million provision for credit losses recorded in the fourth quarter of last year as compared to a reversal of $900,000 in allowance for credit losses (“ACL”) this quarter, a difference of $5.1 million. In comparison to the third quarter of 2021, net interest income increased $1.7...

The Connection Study continues after pre-scheduled Data Monitoring Committee (DMC) review

Written by Customer Service on January 19, 2022. Posted in Public Companies.

On September 30, 2021 Infant Bacterial Therapeutics (IBT) announced that the company had reached a key milestone in the development of IBP-9414, after having recruited 600 premature infants to The Connection Study. The DMC has completed its pre-scheduled safety analysis without any concerns. At the same time a futility analysis was performed. Based on DMC recommendations and futility outcome, IBT is continuing the recruitment to the study as planned. The phase III study, which started July 2019, is open for recruitment of prematurely born infants between 500g and 1,000g across the US, Bulgaria, France, Hungary, Israel, Poland, Romania, Serbia, Spain, and the UK. “With more than 750 patients recruited to date, we are pleased to receive this favorable outcome. It is also reassuring that the futility analysis demonstrates statistical support...

Titanium Corporation Announces Granting of Stock Options and Appointment of Corporate Secretary

Written by Customer Service on January 19, 2022. Posted in Public Companies.

CALGARY, Alberta, Jan. 19, 2022 (GLOBE NEWSWIRE) — Titanium Corporation Inc. (the “Company” or “Titanium”) (TSX-V: TIC) announces that it has granted an aggregate of: (i) 4,500,000 stock options (“Options“) to certain executive officers and directors of the Company in accordance with the Company’s shareholder approved stock option plan. The stock options are exercisable at a price equal to $0.46, the closing price of the Company’s common shares on the date the Options were granted. The stock options expire in five years and become fully vested on the earlier of: (1) execution of a commercial agreement with an oilsands producer to build a first plant; (2) if the common shares of the Company trade above $1.25 for each trading day of a 90 day period; and (3) the acquisition of 50% or...

Kvika banki hf: Earnings higher than expected

Written by Customer Service on January 19, 2022. Posted in Public Companies.

Preliminary results for the Kvika banki hf. („Kvika“ or „the bank“) group for the fourth quarter of 2021 are now available and indicate that net earnings before tax for the quarter will amount to ISK 2.6 – 2.7 billion (ISK 10.45 – 10.55 billion for the year 2021), which corresponds to 25.3% – 26.3% annual return on weighted tangible equity (34.5% – 34.9% for the year 2021). The results are higher than estimated for the group for the quarter, as the earnings forecast for the year was last updated on 10 November 2021 and amounted to ISK 9.8 – 10.3 billion in profit before tax. The group performed well during the quarter and its core operations were solid. Net interest income and insurance operations were considerably above expectations and, in addition to that, net investment income was good. TM’s combined ratio is estimated...

MCEWEN MINING: Higher Production – 2021 & Q4

Written by Customer Service on January 19, 2022. Posted in Public Companies.

TORONTO, Jan. 19, 2022 (GLOBE NEWSWIRE) — McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) is pleased to report consolidated production for the full year of 2021 was 34% higher than in 2020 and Q4 2021 was 29% higher than in Q4 2020. Production guidance for 2021 was achieved. Full year production was 154,410 gold equivalent ounces(1)(“GEOs”) consisting of 118,500 gold ounces and 2,572,000 silver ounces. In Q4, production was 40,150 GEOs consisting of 31,300 gold ounces and 682,700 silver ounces. Consolidated Production Summary Q4 Full Year 2021Guidance 2020 2021 2020 2021 Gold (oz) 24,100 31,300 92,100 118,500 110,500-127,900 Silver (oz) 532,400 682,700 2,020,000 2,572,000 2,300,000-2,450,000 GEOs(1) 31,100 40,150 115,600 154,410 141,000-160,400 In Q4 2021, our attributable production from San José(2) was 682,700 silver...

Eloro Resources Announces RSU Grants

Written by Customer Service on January 19, 2022. Posted in Public Companies.

TORONTO, Jan. 19, 2022 (GLOBE NEWSWIRE) — Eloro Resources Ltd. (TSX-V: ELO; OTCQX: ELRRF; FSE: P2QM) (“Eloro”, or the “Company”) announces it has granted an aggregate of 2.35 million restricted share units (the “RSUs”) to its senior officers and key consultants, pursuant to the Company’s RSU plan (the “Plan”). The Plan aims to compensate and reward its key officers and consultants for working towards the Company’s long-term objectives and in alignment with the shareholders’ best interests. All of the RSUs granted cannot be settled until December 31, 2025 (the “Redemption Date”) and are subject to the following performance related vesting milestones in connection with the advancement of the Company’s Iska Iska silver-tin polymetallic project: one-third to vest on the date of filing of a National Instrument 43-101 (“NI 43-101”)...

Westbury Bancorp, Inc. Reports Net Income for the Three Months Ended December 31, 2021

Written by Customer Service on January 19, 2022. Posted in Public Companies.

PEWAUKEE, Wis., Jan. 19, 2022 (GLOBE NEWSWIRE) — Westbury Bancorp, Inc. (OTCPink: WBBW), the holding company (the “Company”) for Westbury Bank (the “Bank”), today announced net income of $2.2 million, or $0.88 per common share for the three months ended December 31, 2021 compared to net income of $2.7 million, or $1.06 per common share for the three months ended December 31, 2020. About Westbury Bancorp, Inc. Westbury Bancorp, Inc. is the holding company for Westbury Bank. The Company’s common shares are traded on OTCQX under the symbol “WBBW”. Detailed quarterly financial statements for the Company may be found at www.otcmarkets.com/stock/WBBW/disclosure. Westbury Bank is an independent community bank primarily serving communities in Washington and Waukesha Counties through its eight full service offices providing deposit...

DARPA Selects Parsons to Prototype Ground Operations for Blackjack Mission

Written by Customer Service on January 19, 2022. Posted in Public Companies.

CENTREVILLE, Va., Jan. 19, 2022 (GLOBE NEWSWIRE) — In December 2021, Parsons Corporation (NYSE: PSN) was awarded an $11 million sole-source contract to plan, standup, and demonstrate a prototype ground operations center (GOC) in support of Defense Advanced Research Project Agency’s (DARPA) Blackjack flight demonstration activities. The new contract represents Parsons continued commitment to delivering innovative solutions for customers across the space domain and is a follow-on to a phase II small business innovation research (SBIR) contract won by Braxton Technologies, LLC prior to Parsons’ 2020 acquisition of the software company. “We are excited to bring Parsons’ space expertise to DARPA and the Blackjack program through this advanced ground operations prototype,” said Ed Baron, senior vice president of Parsons’ space mission...

Day: January 19, 2022

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