Day: February 15, 2022
New research from Sprout Social reveals key trends for brands looking to leverage social commerce and the channel’s $1.2 trillion potential
CHICAGO, Feb. 15, 2022 (GLOBE NEWSWIRE) — Social media has changed how we communicate, learn and connect with others—and now it’s redefining how we shop. As commerce migrates from physical experiences to virtual ones, customer values and preferences are evolving with them. According to new data from Sprout Social, more than two-thirds (68%) of consumers have already purchased directly from social media and nearly all (98%) consumers plan to make at least one purchase through social shopping or influencer commerce this year. With social shopping set to become a $1.2 trillion channel by 2025, the data showcases the growing opportunity brands can’t afford to miss out on.
Sprout Social, an industry-leading...
Cultivating global success for Saskatchewan tech startups
Written by Customer Service on . Posted in Earnings Releases And Operating Results.
Cultivator cheers to three yearsCultivator powered by Conexus Three-Year Metrics
As of Dec. 31, 2021Regina, Saskatchewan, Canada, Feb. 15, 2022 (GLOBE NEWSWIRE) — It’s been three years since Conexus Credit Union (Conexus) launched Canada’s first credit union-led tech incubator, Cultivator powered by Conexus (Cultivator), and what an incredible journey it has been. Since launching in 2019, Cultivator companies have:generated over $14 million in revenue;
raised $22.8 million in private capital;
obtained $23.1 million in public funding; and
created over 300 jobs.“Cultivator is home to some of the fastest-growing tech startups in the Canadian prairies,” said Jordan McFarlen, Incubator Manager of Cultivator. “We’re seeing more distribution of high-growth companies, founders staying in our province to launch and grow their companies,...
FirstBank Closes Out the Year with Record Income and Growth
Written by Customer Service on . Posted in Earnings Releases And Operating Results.
Bank Helps Colorado Gives Day Raise More Than $54 Million for 3,000+ Local Nonprofits
LAKEWOOD, Colo., Feb. 15, 2022 (GLOBE NEWSWIRE) — FirstBank, one of the nation’s largest privately held banks with a focus on “banking for good,” announced year-over-year double-digit percentage increases in assets, deposits, and income in the fourth quarter of 2021.
At the end of December, FirstBank’s assets totaled $28.9 billion, up 17.9 percent. Total deposits were $26.6 billion, up 21.6 percent from the same time last year. Net income grew by 30.2 percent to $309.4 million, while net loans increased 4.9 percent year-over-year to $13.6 billion.
“Among many accomplishments, our team provided more than 5,800 mortgages and over 1,600 real estate loans to customers in 2021 – an exceptional level of production,” said FirstBank CEO, Jim Reuter. “We...
Allied Announces February 2022 Distribution
Written by Customer Service on . Posted in Dividend Reports And Estimates.
TORONTO, Feb. 15, 2022 (GLOBE NEWSWIRE) — Allied Properties REIT (“Allied”) (TSX:AP.UN) announced today that the Trustees of Allied have declared a distribution of $0.1458 per unit for the month of February 2022, representing $1.75 per unit on an annualized basis. The distribution will be payable on March 15, 2022, to unitholders of record as at February 28, 2022.
Allied is a leading owner operator of (i) distinctive urban workspace in Canada’s major cities and (ii) network-dense urban data centres in Toronto that form Canada’s hub for global connectivity. Allied’s business is providing knowledge-based organizations with distinctive urban environments for creativity and connectivity.
FOR FURTHER INFORMATION, PLEASE CONTACT:Michael R. EmoryPresident and Chief Executive Officer(416) 977-9002memory@alliedreit.com
Cecilia C. WilliamsExecutive...
PureGold Closes Previously Announced Bought Deal Private Placement and Non-Brokered Private Placement Raising Gross Proceeds of C$31.2 Million; AngloGold Ashanti Increases Ownership to 19.9%
Written by Customer Service on . Posted in Public Companies.
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES
VANCOUVER, British Columbia, Feb. 15, 2022 (GLOBE NEWSWIRE) — Pure Gold Mining Inc. (TSX-V:PGM, LSE:PUR) (“PureGold” or the “Company”) is pleased to announce that it has closed the bought deal private placement (the “Brokered Offering”) and concurrent non-brokered private placement (the “AngloGold Subscription” and together with the Brokered Offering, the “Transactions”) announced on January 27, 2022.
Pursuant to the Brokered Offering, the Company issued a total of 26,423,000 common shares of the Company (the “Common Shares”), at a price of C$0.53 per Common Share, for aggregate gross proceeds of C$14,004,190.
The Brokered Offering was completed through a syndicate of underwriters including National Bank Financial Inc., as lead underwriter,...
ToughBuilt Industries, Inc. Announces $5 Million Registered Direct Offering
Written by Customer Service on . Posted in Public Companies.
LAKE FOREST, Calif., Feb. 15, 2022 (GLOBE NEWSWIRE) — ToughBuilt Industries, Inc. (“ToughBuilt” or the “Company”) (NASDAQ: TBLT; TBLTW), today announced that it has entered into a securities purchase agreement with certain institutional investors for the issuance and sale of 2,500 shares of Series F convertible preferred stock (the “Series F Preferred”) and 2,500 shares of Series G convertible preferred stock (the “Series G Preferred”) in a registered direct offering. ToughBuilt has also agreed to issue to the investors unregistered warrants to purchase up to an aggregate of 18,750,000 shares of common stock in a concurrent private placement. Each share of Series F Preferred and Series G Preferred will have a stated value of $1,000 per share and be convertible after the closing date into shares of common stock at a conversion price...
FOR IMMEDIATE RELEASE – R Three Technologies Inc. (OTCMKTS: RRRT) Announces LOI with First of Several Strategic Acquisitions
Written by Customer Service on . Posted in Public Companies.
BEVERLY HILLS, CA, Feb. 15, 2022 (GLOBE NEWSWIRE) — via NewMediaWire — R Three Technologies Inc. (OTCMKTS: RRRT) (R3T) has announced its first LOI with the first of several strategic acquisitions in plans to acquire VirtualCons, LLC with their current CEO, Michael A Mota, planned to become President of R3T’s Entertainment Division.
“Today we announce the plans to acquire VirtualCons, LLC. This is one of many acquisitions we are making over the next few months at R3T. I have had the privilege to work with Michael Mota, CEO of VirtualCons, for several years,” said William Benson, CEO of R3T. “He set a vision in place for VirtualCons and it has come true in less than 2 years. His background in the marketing world, alongside his experience in the entertainment and technology space, is going to assist R3T in becoming the leader...
BioNTech to Join High-level Meeting with Partners in Marburg and to Hold Press Conference to Provide an Update on Sustainable Vaccine Manufacturing in Africa
Written by Customer Service on . Posted in Public Companies.
MAINZ, Germany, February 15, 2022 – BioNTech SE (Nasdaq: BNTX, “BioNTech” or “the Company”) will welcome project partners, among them official representatives, in Marburg to conduct a high-level meeting on sustainable vaccine manufacturing in the African Union. The meeting initiated by the kENUP foundation will be followed by public statements on February 16, 2022 at approx. 11.30 CET / 05.30 ET from the following participants:H.E. President Macky Sall of Senegal, President of the African Union
H.E. President Nana Akufo-Addo of Ghana
H.E. President Paul Kagame of Rwanda
Tedros Adhanom Ghebreyesus, Director General of the World Health Organization
Ugur Sahin, Chief Executive Officer of BioNTech SE
Sierk Poetting, Chief Operating Officer of BioNTech SEThe statements can be accessed via live-stream and broadcast usage here: Link
Following...
AQUA POWER SYSTEMS ENGAGED IN ACTIVE CONVERSATIONS WITH MERGER CANDIDATES IN CONJUNCTION WITH ACQUISTION OF SANDBOX METAVERSE PROPERTY
Written by Customer Service on . Posted in Public Companies.
$APSI – AQUA POWER SYSTEMS ENGAGED IN ACTIVE CONVERSATIONS WITH MERGER CANDIDATES IN CONJUNCTION WITH ACQUISTION OF SANDBOX METAVERSE PROPERTY
Sandbox Metaverse – “The Snoopverse”$APSI – AQUA POWER SYSTEMS ENGAGED IN ACTIVE CONVERSATIONS WITH MERGER CANDIDATES IN CONJUNCTION WITH ACQUISTION OF SANDBOX METAVERSE PROPERTY
Sandbox Metaverse – “The Snoopverse”Winter Park, FL , Feb. 15, 2022 (GLOBE NEWSWIRE) — Aqua Power Systems Inc. (OTC Pink: APSI) today announced that Company management is engaged in active discussions with several potential target merger and acquisition candidates. Discussions are active and ongoing with in person meetings being scheduled.
The candidate companies are from a variety of industries and additional candidates are expected to be added to the list of those being reviewed...
Hallador Energy Company, Hoosier Energy announce agreement to transfer ownership of Merom Generating Station, multiyear PPA
Written by Customer Service on . Posted in Public Companies.
TERRE HAUTE & BLOOMINGTON, Ind., Feb. 15, 2022 (GLOBE NEWSWIRE) — Hallador Energy Company (NASDAQ – HNRG), through its new subsidiary Hallador Power Company, LLC, will acquire Hoosier Energy’s 1-Gigawatt Merom Generating Station, located in Sullivan County, Indiana, in return for assuming certain decommissioning costs and environmental responsibilities. The transaction, which includes a 3.5-year power purchase agreement (PPA), is scheduled to close in mid-July 2022 upon obtaining required governmental and financial approvals.
Per the agreement, Hoosier will purchase 100% of the plant’s energy and capacity through May 2023, reducing purchases to 22% of energy output and 32% of its capacity beginning in June 2023 and through 2025. The companies’ existing renewable PPA – signed in May 2021 and representing 150 MW of solar generation...