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Month: January 2022

SFIO receives letter of interest from US EXIM Bank for up to $28.75-M in debt financing

Potential financing from EXIM would go towards SFIO’s real estate development projects in Batangas, Philippines. NEW YORK, Jan. 28, 2022 (GLOBE NEWSWIRE) — Starfleet Innotech, Inc. (OTC: SFIO) has received a letter of interest from the Export-Import Bank of the United States (EXIM), in support of SFIO’s real estate development projects in the Philippines. In their letter, EXIM, the official export credit agency of the United States, expressed interest in extending financing of up to $28.75 million, towards SFIO’s medical and retirement resort in Montemaria, Batangas, just south of Metro Manila in the Philippines. Potential debt financing from EXIM would be eligible for a maximum repayment term of seven years. This follows a series of partnerships and exploratory talks SFIO has spearheaded towards non-dilutive debt financing for...

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VNET Announces US$250 Million Investment from Blackstone

BEIJING, Jan. 28, 2022 (GLOBE NEWSWIRE) — VNET Group, Inc. (Nasdaq: VNET) (“VNET” or the “Company”), a leading carrier- and cloud-neutral Internet data center services provider in China, today announced that funds managed by Blackstone Tactical Opportunities (NYSE: BX) (“Blackstone”), the world’s largest alternative investment firm, have agreed to make an investment in VNET by purchasing US$250 million of convertible notes (the “Notes”). The Notes have a term of five years and carry interest at 2% per annum. Josh Chen, Founder and Executive Chairman of VNET, said, “Over the last two years, we have accelerated the growth of our data center footprint in high-demand locations across China’s tier-1 cities. Blackstone’s investment provides us with the capital to take advantage of a robust pipeline of attractive development projects...

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Performance Shipping Inc. Announces the Preliminary Results of Its Offer to Exchange up to 4,066,181 Common Shares for Shares of Series B Convertible Cumulative Perpetual Preferred Stock

ATHENS, Greece, Jan. 28, 2022 (GLOBE NEWSWIRE) — Performance Shipping Inc. (NASDAQ: PSHG), (the “Company”), a global shipping company specializing in the ownership of tanker vessels, announced today the preliminary results of its previously announced offer to exchange up to 4,066,181 of its currently issued and outstanding common shares of the Company, par value $0.01 per share (the “Common Shares”), for newly issued shares of the Company’s Series B Convertible Cumulative Perpetual Preferred Stock, par value $0.01 and liquidation preference $25.00 (the “Series B Preferred Shares”) at a ratio of 0.28 Series B Preferred Shares for each Common Share (the “Exchange Offer”). The Exchange Offer expired at 5:00 p.m., New York City time, on Thursday, January 27, 2022. Based on the preliminary count by Computershare Trust Company, N.A.,...

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CurrencyWorks Completes US$250,000 Financing Led By Management

Fairfield, CA, Jan. 28, 2022 (GLOBE NEWSWIRE) — CurrencyWorks Inc. (“CurrencyWorks” or the “Company”), (CSE: CWRK and OTCQB: CWRK), an award-winning, full-service blockchain platform provider, today announced that the Company intends to complete a non-brokered private placement pursuant to Section 4(a)(2) of the Securities Act of 1933 or Regulation S under the Securities Act of 1933, as applicable, pursuant to which the Company plans to sell to Jimmy Geiskopf, Cameron Chell and Swapan Kakumanu, directors and executive officers of the Company, shares of common stock for gross proceeds of US$50,000 of the Company. These shares are to be priced at the market as of the market close (OTCQB) on Thursday, January 27, 2022 with no discount, no warrant and will be subject to a hold period under United States securities laws and, if applicable,...

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Crackle Announces New Exclusives, Movies, and Series for February

Mix of Hollywood Blockbusters, Award-Winning Indies, Classic TV and Hand-Picked Exclusive and Original Content COS COB, Conn., Jan. 28, 2022 (GLOBE NEWSWIRE) — Chicken Soup for the Soul Entertainment Inc. (Nasdaq: CSSE), one of the largest operators of streaming advertising-supported video-on-demand (AVOD) networks, today announced the upcoming content releases for Crackle for February The three primary Crackle Plus streaming services, Crackle, Popcornflix, and Chicken Soup for the Soul, are rolling out to new distribution touch points as either AVOD or FAST channels. The Crackle Plus streaming services are currently distributed through 60 touch points in the U.S. on platforms including Amazon FireTV, RokuTV, Apple TV, Smart TVs (Samsung, LG, Vizio), gaming consoles (PS4 and Xbox One), Plex, iOS and Android mobile devices and on...

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Humacyte Announces Preclinical Results of Small-Diameter Human Acellular Vessel™ (HAV™) in Coronary Artery Bypass Grafting

— HAV remained patent and host-cell remodeling was observed in non-human primate model — — Preclinical study represents milestone in the development of small-diameter HAVs for use in cardiac bypass surgery — — Results presented at Advanced Therapies Week 2022 — DURHAM, N.C., Jan. 28, 2022 (GLOBE NEWSWIRE) — Humacyte, Inc. (Nasdaq: HUMA), a clinical-stage biotechnology platform company developing universally implantable bioengineered human tissue at commercial scale, today announced results from the first preclinical study of the use of Humacyte’s small-diameter (3.5mm) Human Acellular Vessel (HAV) in coronary artery bypass grafting (CABG), which were presented at Advanced Therapies Week. The HAV maintained patency and exhibited host-cell remodeling and regeneration in a non-human primate model. CABG,...

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Century Aluminum Sets Date for Fourth Quarter 2021 Earnings Announcement

CHICAGO, Jan. 28, 2022 (GLOBE NEWSWIRE) — Century Aluminum Company (NASDAQ: CENX) will report fourth quarter 2021 earnings on Thursday, February 24, 2022 after the close of market trading. The news release will be issued through GlobeNewswire. The company will hold a follow-up conference call on Thursday, February 24, 2022 at 5:00 p.m. Eastern time. The earnings call will be webcast live on the Century Aluminum Company website, located at www.centuryaluminum.com. Plan to begin the registration process at least 10 minutes before the live call is scheduled to begin. A replay of the webcast will be archived and available for replay approximately two hours following the live call. Contact: Peter Trpkovski (investors and media) investorrelations@centuryaluminum.com (312) 696-3132                                

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Golden Star Enterprises Ltd. Seeks Additional Capital for Future Activities

Claymont, DE, Jan. 28, 2022 (GLOBE NEWSWIRE) — via NewMediaWire — Golden Star Enterprises Ltd. (OTCMarkets: PINK:  GSPT) announces plans to raise additional capital for the Company’s future operating activities. Previously the Company has shared its plans and progress relative to upgrades to the Client component of its WorkForce Management (WFM) software, undertaken by our wholly-owned subsidiary, Enigmai, which is expected to conclude in the second quarter of fiscal 2022.  The larger plan is for the Company to invest in two additional development projects: the development of a mobile application that will enable the end-users to have access to the Enigmai Business Suite (EBS) at the tip of their fingers, and upgrades to the user interface (UI) to ensure the superior ease of workflow for the users. To accommodate the timely...

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Alamos Gold Provides Notice of Fourth Quarter and Year-End 2021 Results and Conference Call

TORONTO, Jan. 28, 2022 (GLOBE NEWSWIRE) — Alamos Gold Inc. (TSX:AGI; NYSE:AGI) (“Alamos” or the “Company”) plans to release its fourth quarter and year-end 2021 financial results after market close on Wednesday, February 23, 2022. Senior management will host a conference call on Thursday, February 24, 2022 at 11:00 am ET to discuss the results. Participants may join the conference call via webcast or through the following dial-in numbers:Toronto and International: (416) 406-0743Toll free (Canada and the United States): (800) 898-3989Participant passcode: 3966847#Webcast: www.alamosgold.comA playback will be available until March 27, 2022 by dialling (905) 694-9451 or (800) 408-3053 within Canada and the United States. The pass code is 7399968#. The webcast will be archived at www.alamosgold.com. About Alamos Alamos...

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Medallion Bank Reports 2021 Fourth Quarter and Full-Year Results and Declares Series F Preferred Stock Dividend

SALT LAKE CITY, Jan. 28, 2022 (GLOBE NEWSWIRE) — Medallion Bank (Nasdaq: MBNKP, the “Bank”), an FDIC-insured bank providing consumer loans for the purchase of recreational vehicles, boats, and home improvements, along with loan origination services to fintech partners, announced today its 2021 fourth quarter and full-year results. 2021 Fourth Quarter HighlightsNet income of $19.0 million, compared to net income of $14.3 million in the prior year period. Net interest income of $37.3 million, compared to $31.3 million in the prior year period. Provision for loan losses was $1.6 million, compared to a quarterly benefit of $4.0 million in the prior year period. Annualized net charge-offs were 0.3% of average loans outstanding, compared to 9.7% in the prior year period. The recreation and home improvement loan portfolios grew 20.8%...

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