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Day: February 11, 2022

Corning Natural Gas Holding Corporation Reports Quarterly Earnings

CORNING, N.Y., Feb. 11, 2022 (GLOBE NEWSWIRE) — Corning Natural Gas Holding Corporation (OTCQX: CNIG) announced consolidated earnings of $403,222 or $0.13 per share for its first quarter ended December 31, 2021. This compares to consolidated earnings of $122,108 or $0.04 per share for its first quarter ended December 31, 2020. CFO Chuck Lenns stated, “The company saw earnings increase principally due to both electric and gas rate increases at Pike County Light & Power that were partially offset by high merger transaction costs.” Net income for the three months ended December 31, 2021 is not necessarily indicative of expected results for the fiscal year ending September 30, 2022. Quarterly earnings are affected by the highly seasonal nature of the business and weather conditions such as temperature variations. The revenue and...

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Middlefield REIT INDEXPLUS ETF Finalizes Special Distribution

TORONTO, Feb. 11, 2022 (GLOBE NEWSWIRE) — Middlefield REIT INDEXPLUS ETF (the “Fund”) (TSX: IDR) is pleased to finalize the special distribution to holders of record as at the close of business on February 11, 2022 (the “Record Date”) in the amount $0.15 per unit that was automatically reinvested in additional units determined based on the net asset value per unit as of the Record Date such that the number of units remain unchanged from the number outstanding immediately prior to the special distribution. The special distribution is the result of two factors. First, the Fund’s successful performance, with an annualized total return of 10.3% since its inception in April 2011, has been accompanied by realized capital gains. Second, the Fund’s Declaration of Trust requires that all taxable income be allocated to unitholders prior...

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MaxCyte Announces Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)

GAITHERSBURG, Md., Feb. 11, 2022 (GLOBE NEWSWIRE) — MaxCyte, Inc., (NASDAQ: MXCT; LSE: MXCT, MXCN), a leading commercial cell-engineering company focused on providing enabling platform technologies to advance innovative cell-based research as well as next-generation cell therapeutic discovery, development and commercialization, today announced that, on February 10, 2022, the Compensation Committee of MaxCyte’s Board of Directors granted stock options to purchase an aggregate of 204,500 shares of MaxCyte’s common stock to eight (8) newly hired employees. The stock options were granted as material inducements to employment with MaxCyte in accordance with Nasdaq Listing Rule 5635(c)(4) and were granted under the MaxCyte, Inc. 2021 Inducement Plan (the “2021 Inducement Plan”). The stock options have a ten-year term and an exercise...

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Agra Ventures’ Subsidiary Farmako Positioned to Benefit from Germany’s Impending Legalization of Recreational Cannabis

The Company Congratulates the New German Government for Making the Legalization of Recreational Cannabis and Development of a Regulatory Framework a Priority for the Country in the Near Term VANCOUVER, British Columbia, Feb. 11, 2022 (GLOBE NEWSWIRE) — Agra Ventures Ltd. (“AGRA” or the “Company”) (CSE: AGRA) (OTC: AGFAF) (FRA: PU30), a growth-oriented and diversified company focused on the international cannabis industry, is pleased to announce that its wholly owned subsidiary, Farmako GmbH (“Farmako”), is well positioned to benefit from Germany’s planned legalization of recreational cannabis as the new Chancellor of Germany, Olaf Scholz, has recently vowed to make the change a top priority. The legalization of recreational cannabis in Germany would enable Farmako to expand its offering of cannabis extracts and dried flower as...

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GINSMS Announces Financial Results for the Three and Twelve Months Ended December 31, 2021 and Provides Financial Forecasts for Year 2022

CALGARY, Alberta, Feb. 11, 2022 (GLOBE NEWSWIRE) — GINSMS Inc. (TSXV: GOK) (“GINSMS” or the “Corporation”) has announced its financial results for the fourth quarter and twelve months ended December 31, 2021. The annual audited financial statements of the Corporation for the twelve months ended December 31, 2021 are currently under audit and in the process of preparation. As required under Canadian securities law regulations, the Corporation will be disclosing and filing on SEDAR its annual audited financial statements and the related management’s discussion and analysis (“MD&A”) within 120 days after the end of its year end of December 31, 2021. This financial disclosure was done in advance of the filing of the audited financial statements of the Corporation to allow GINSMS’ ultimate holding company, Beat Holdings Limited...

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Hanwei Energy Services Reports Third Quarter Fiscal 2022 Financial and Operational Results

VANCOUVER, British Columbia, Feb. 11, 2022 (GLOBE NEWSWIRE) — Hanwei Energy Services Corp. (TSX: HE) (“Hanwei” or the “Company”), today reported its financial results for the third quarter and nine months ended December 31, 2021 (“Q3 2022” and “YTD”). All amounts are in Canadian Dollars unless otherwise noted. Financial and Operating Update Prior to the sale of its oil & gas business and FRP pipe business, Hanwei’s principal business operations are in two segments of the oil and gas industry as an operator and developer of its oil and gas assets in Canada and as a specialized pipe supplier internationally. Q3 2022 No revenues were recorded for Q3 2022 due to the divestment of its FRP pipe business as of October 1, 2021 and divestment of its oil and gas business as of August 1, 2021, compared to $3.21 million for the...

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Vinci Partners Infrastructure Announces Partnership With Águas do Brasil to Invest in the Public Concession of CEDAE’s Block 3

RIO DE JANEIRO, Brazil, Feb. 11, 2022 (GLOBE NEWSWIRE) — Vinci Partners Investments Ltd. (NASDAQ: VINP) (“Vinci Partners”, “we”, “us” or “our”), the controlling company of a leading alternative investment platform in Brazil, announced today the partnership between Vinci Partners’ Infrastructure strategy and consortium Águas do Brasil, establishing a new concessionaire (“the Company”) to invest in the public concession of Companhia Estadual de Águas e Esgotos’ (“CEDAE”) Block 3. The Company will be ahead of CEDAE’s concession of Block 3, won by Águas do Brasil in the international public bid conducted by the State of Rio de Janeiro, and will be responsible for the provision of water supply and sanitation services for 21 cities in the state. This is the first investment from Vinci Infrastructure Water and Sewage strategy (“VIAS”...

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Relevium Provides Operational and Continued Disclosure Update

MONTREAL, Feb. 11, 2022 (GLOBE NEWSWIRE) —  RELEVIUM TECHNOLOGIES INC. (TSX.V:“RLV”, OTCQB:“RLLVF” and Frankfurt: “6BX”) (the “Company” or “Relevium”), is pleased to provide an update on operations and continuous disclosure matters. UPDATE ON ONGOING OPERATIONSOn December 16, 2021, the Company announced it had delivered 127.5 million medical grade nitrile gloves, representing 100% of the first of two PPE contracts that the Company had entered into for a total value of CAD$11M. During the month of January 2022, the Company delivered on CAD$1 million out of the CAD$5 million from the second of the two PPE contracts announced on December 16, 2021. The Company is pleased to announce that the product relating to the remaining balance of the second contract is expected to be delivered over the next four weeks as the product arrives from...

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Armada Hoffler Properties Announces Income Tax Treatment of Its 2021 Dividend Distributions

VIRGINIA BEACH, Va., Feb. 11, 2022 (GLOBE NEWSWIRE) — Armada Hoffler Properties, Inc. (NYSE: AHH) announced the income tax treatment of its 2021 dividend distributions to holders of shares of the Company’s common stock and preferred stock. This information represents final income allocations as they will be reported on Form 1099-DIV. The tax information provided should not be construed as tax advice. Stockholders are encouraged to consult with their personal tax advisors as to their specific tax treatment of the Company’s distributions. Beginning in 2018, ordinary taxable income per share of common stock and preferred stock is equal to the 199A dividend that was created by the 2017 Tax Cuts and Jobs Act.Common Stock DividendsNYSE Ticker Symbol: AHHCUSIP #04208T 10 8EIN: #46-1214914         Line 1a Total Ordinary...

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Falco Announces Extension of Certain Deadlines Under the Silver Stream Transaction

MONTREAL, Feb. 11, 2022 (GLOBE NEWSWIRE) — Falco Resources Ltd. (TSX.V: FPC) (“Falco” or the “Corporation”) is pleased to announce that the Corporation and Osisko Gold Royalties Ltd (“Osisko”) have agreed to amend the silver stream agreement entered into by the Parties on February 27, 2019, relating to Falco’s Horne 5 project, whereby Osisko agreed to postpone by one year each of the deadlines granted to Falco to achieve milestones set as condition precedent to Osisko funding the stream deposit. The independent directors of the Corporation have approved the extension of such deadlines under the silver stream agreement, and the board members who are nominees or officers of Osisko abstained from voting on the resolutions to approve such transactions. About Falco Falco Resources Ltd. is one of the largest mineral claim holders in...

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