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Month: January 2022

Avista files multiyear rate plan in Washington

Company seeks recovery of costs for infrastructure investments while also providing tax benefits to customers SPOKANE, Wash., Jan. 21, 2022 (GLOBE NEWSWIRE) — Today Avista (NYSE: AVA) has filed a multiyear rate plan with the Washington Utilities and Transportation Commission (WUTC or Commission) that would allow the Company to recover costs for fixed expenses and ongoing investments to infrastructure, technology and more. If approved, new rates would be effective in Dec. 2022 and Dec. 2023. “We take our responsibility to provide you with energy at an affordable price very seriously,” Avista President and CEO Dennis Vermillion said. “In fact, the total average monthly cost of Avista’s residential electric service is almost 40% lower than the national average for investor-owned utilities. Our customers remain our primary focus as...

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ETC Announces Resignation of Chief Financial Officer

SOUTHAMPTON, Pa., Jan. 21, 2022 (GLOBE NEWSWIRE) — Environmental Tectonics Corporation’s (OTC Pink: ETCC) (“ETC” or the “Company”) today announced that Mark Prudenti has decided to leave his position as Chief Financial Officer to pursue an opportunity outside the company. ETC’s Board of Directors has initiated the process to identify qualified candidates to fill the position. Robert L. Laurent, Jr., ETC’s Chief Executive Officer, said, “We greatly appreciate the contributions that Mark made to ETC during his tenure here. I want to assure our investors that Mark’s decision was made for personal reasons and in no way reflects any concerns, either on his or ETC’s part, regarding ETC’s accounting practices, financial reporting or internal controls. We wish Mark well in his future endeavors and look forward to completing...

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Hersha Hospitality Trust Announces Dividend Classification for 2021

PHILADELPHIA, Jan. 21, 2022 (GLOBE NEWSWIRE) — Hersha Hospitality Trust (NYSE: HT); (“Hersha” or “the Company”), owner of high quality upscale hotels in urban gateway markets and coastal destinations, today announced the tax classification of its Series C Cumulative Redeemable Preferred Share (“Series C Preferred Shares”), Series D Cumulative Redeemable Preferred Share (“Series D Preferred Shares”) and Series E Cumulative Redeemable Preferred Share (“Series E Preferred Shares”) distributions for 2021 for Federal income tax reporting purposes. The tax information provided below should not be construed as tax advice and is not a substitute for careful tax planning and analysis. Shareholders should consult their tax advisors as to the tax treatment of the distributions.SERIES C PREFERRED SHARESRecord Dates   Paid Dates   Total...

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Kite Realty Group Trust Announces Tax Reporting Information For 2021 Dividend Distributions

INDIANAPOLIS, Jan. 21, 2022 (GLOBE NEWSWIRE) — Kite Realty Group Trust (NYSE: KRG) announced today the allocations of the company’s 2021 dividend distributions on its common stock. The allocations as they will be reported on Form 1099-DIV are as follows:Common Shares                      CUSIP   RecordDate   PayableDate   TotalDistributionper Share   OrdinaryDividend   CapitalGainDistribution     Non-TaxableDistribution 1   Section199ADividends 249803T300   1/8/2021   1/15/2021   $ 0.15   $ 0.0000     $ 0.12982       $ 0.02018     $ 0.0000049803T300   4/8/2021   4/15/2021     0.17     0.0000       0.14713         0.02287       0.0000049803T300   7/9/2021   7/16/2021     0.18     0.0000       0.15578         0.02422       0.0000049803T300   10/1/2021   10/8/2021     0.18     0.0000       0.15578         0.02422       0.00000            $ 0.68   $ 0.0000     $ 0.58851       $ 0.09149     $ 0.00000                    0.00 %     86.55 %       13.45 %    Represents...

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Kite Realty Group Trust Announces Tax Reporting Information for 2021 Dividend Distributions for Retail Property of America, Inc.’s Partial Year

INDIANAPOLIS, Jan. 21, 2022 (GLOBE NEWSWIRE) — Kite Realty Group Trust (NYSE: KRG) announced today the allocations of Retail Property of America, Inc.’s 2021 dividend distributions on its common stock. The allocations as they will be reported on Form 1099-DIV are as follows:Common Shares                    CUSIP   RecordDate   PayableDate   TotalDistributionper Share   OrdinaryDividend   CapitalGainDistribution   Non-TaxableDistribution 1   Section199ADividends 276131V202   3/26/2021   4/9/2021   $ 0.070   $ 0.05446     $ 0.00000     $ 0.01554     $ 0.0544676131V202   6/25/2021   7/9/2021     0.075     0.05835       0.00000       0.01665       0.0583576131V202   10/1/2021   10/8/2021     0.075     0.05835       0.00000       0.01665       0.05835            $ 0.22   $ 0.17116     $ 0.00000     $ 0.04884     $ 0.17116                    77.80 %     0.00 %     22.20 %    Represents...

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Dynagas LNG Partners LP Declares Cash Distribution in its Series A Preferred Units

ATHENS, Greece, Jan. 21, 2022 (GLOBE NEWSWIRE) — Dynagas LNG Partners LP (the “Partnership”) (NYSE: “DLNG”), an owner and operator of LNG carriers, today announced that its Board of Directors has declared a cash distribution of $0.5625 per unit on its Series A Cumulative Redeemable Perpetual Preferred Units (the “Series A Preferred Units”) (NYSE: DLNG PR A) for the period from November 12, 2021 to February 11, 2022. The cash distribution is payable on February 14, 2022 to all preferred unit holders of record as of February 7, 2022. Distributions on the Series A Preferred Units will be payable quarterly in arrears on the 12th day (unless the 12th falls on a weekend or public holiday, in which case the payment date is moved to the next business day) of February, May, August and November of each year, when, as and if declared by our...

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Brookfield Infrastructure Completes Offering of $300 Million of Perpetual Subordinated Notes

All amounts in U.S. dollars BROOKFIELD, NEWS, Jan. 21, 2022 (GLOBE NEWSWIRE) — Brookfield Infrastructure Partners L.P. (NYSE: BIP; TSX: BIP.UN) (“Brookfield Infrastructure”) today announced the closing of a public offering of $300 million of fixed rate perpetual subordinated notes (the “Notes”). The Notes have a fixed coupon of 5.125% and will be listed on the New York Stock Exchange under the symbol “BIPI”. Brookfield Infrastructure intends to use the net proceeds of the offering for the redemption of its Class A Preferred Units, Series 7, which are redeemable by Brookfield Infrastructure on March 31, 2022, with the remainder to be used for working capital purposes. The Notes were issued by BIP Bermuda Holdings I Limited, an indirect wholly owned subsidiary of Brookfield Infrastructure, and are guaranteed on a subordinated basis...

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GenTech’s STORM™ Signs NATIONAL CHAMPION SKATEBOARDER “Dashawn Jordan” as Brand Ambassador for 2022

Wheat Ridge, COLORADO, Jan. 21, 2022 (GLOBE NEWSWIRE) — GenTech Holdings, Inc. (OTC Pink: GTEH) (“GenTech” or the “Company”), (a/k/a Supplement Group (USA) Inc.,) (www.gentechholdings.com) an emerging leader in the Functional Foods (www.sinfit.com) and Nutritional Supplement (www.americanmetabolix.com) marketplaces, partners with Dashawn Jordan as Brand Ambassador for the company’s new Supplement for Athletes ‘Storm™’ (www.stormlifestyles.com)  Dashawn is one of the world’s most renowned Street Skaters and is currently coming off a very successful season having top place finishes in Street League (silver), and a USA National title. He has also had an impressive medal history at the X-Games® having previously won X-Games Silver in 2019 in Men’s Skateboarding, followed by X-Games Silver in 2021 in Men’s Skateboarding Best Trick...

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Summa Silver Corp. Announces Upsize of Brokered Private Placement Financing to $10,000,000 led by Investments from Eric Sprott and First Majestic Silver

NOT FOR DISSEMINATION IN OR INTO THE UNITED STATES OR FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES VANCOUVER, British Columbia, Jan. 21, 2022 (GLOBE NEWSWIRE) — Summa Silver Corp. (“Summa” or the “Company”) (TSXV:SSVR) (OTCQB: SSVRF) (Frankfurt:48X) is pleased to announce that it is increasing the size of its previously announced brokered private placement offering of Units of the Company (the “Units”) at a price of $0.90 per Unit for gross proceeds of up to $10,000,000 (the “Offering”). The Offering is being conducted by Research Capital Corporation and Eventus Capital Corp., as co-lead agents and joint bookrunners (the “Agents”). Participation in the Offering is expected to include Mr. Eric Sprott and First Majestic Silver Corp. Each Unit will be comprised of one common share of the Company (a “Common Share”) and one-half of one...

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TaskUs Issues Statement

NEW BRAUNFELS, Texas, Jan. 21, 2022 (GLOBE NEWSWIRE) — TaskUs, Inc. (Nasdaq: TASK), a leading tech-enabled services provider to the world’s most innovative companies, issued the following statement: The Company and Board are aware of the recent report published by a short seller, which contains numerous inaccuracies and mischaracterizations of our business and future prospects. After reviewing the report, we believe it is designed for the sole purpose of negatively impacting TaskUs’ share price for the short seller’s own benefit, at the expense of TaskUs teammates, clients and shareholders. We remain confident in our strategy, our value proposition and our ability to create value for all our stakeholders. We look forward to sharing our Q4 and FY 2021 results and FY 2022 outlook on our quarterly earnings call. About TaskUsTaskUs...

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