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Month: February 2022

Renavotio, Inc. Announces Filings Status and Shareholder Updates

Tulsa, OK, Feb. 15, 2022 (GLOBE NEWSWIRE) — Renavotio, Inc. (OTCQB: RIII), (“Renavotio,” or the “Company”), today announced that in conjunction with its preparation of the SEC filings described below, it has prepared the applications required to reapply to the OTC Bulletin Board. The Company continues to provide its auditors with all required information to complete its 2020 reaudit and amended filings. Once the Company receives approval from its auditors, Marcum LLP, the Company will file its amended 2021 Form 10Q’s and 2020 10-K reaudit with the SEC and submit its completed OTCQB re-application and Form 15c2-11 to be reviewed by the OTC Markets and FINRA, respectively.  Upon their approval and sign off, the Company will begin trading on the OTC Bulletin Board again.   Renavotio has accelerated the recondition of its ditch witch...

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OTC: ILUS, ILUS International (Ilustrato Pictures International Inc), Secures$15 Million in Funding From Three Funders

NEW YORK, NY, Feb. 15, 2022 (GLOBE NEWSWIRE) — via NewMediaWire — ILUS International Inc (OTC: ILUS) is a Mergers and Acquisitions company focused on acquiring and developing public safety technology-based companies across the globe. The company has recently completed several acquisitions and is in the process of reaching agreements on several more. ILUS confirmed that it has now recently signed three funding deals for a total of $15 million, putting the company in a strong cash position to execute its current plans and move on its next phase of opportunities.  Following an extensive period of thorough due diligence conducted by the funders, ILUS secured $15 million of funding from a syndicate of three funds/family offices who are typically focused on the funding of high growth technology companies. The three companies are...

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The Victory Bancorp, Inc. Fourth Quarter Earnings

Fourth Quarter HighlightsRecord earnings of $0.66 per share Book value per common share increased to $12.92 $3.2 million increase in stockholders’ equity since December 31, 2020 $0.05 per share cash dividend paid to shareholders $0.10 special, one-time cash dividend paid to shareholders Deposit increase of $57.3 million since December 31, 2020LIMERICK, Pa., Feb. 15, 2022 (GLOBE NEWSWIRE) — The Victory Bancorp, Inc. (OTCQX: VTYB) reported a net income of $1.3 million, or 66 cents per share (diluted), for the fourth-quarter ended December 31, 2021, compared to $993 thousand, or 50 cents per share, for the fourth quarter ended December 31, 2020. This represents a $343 thousand or 35% increase over the fourth quarter of 2020. A one-time, special cash dividend of 10 cents per outstanding share of common stock was declared in November...

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Big Screen Entertainment Makes Big Moves on NFT and Crypto

LOS ANGELES, Feb. 15, 2022 (GLOBE NEWSWIRE) — Big Screen Entertainment Group (OTC:BSEG) is embracing a new tech strategy by launching in the crypto and NFT space. Such digital advancements are part of the Los Angeles based production and distribution company’s plan to maximize the potential of its assets. BSEG now has a presence on NFT marketplace OpenSea and has taken a range of other measures to be well placed as peer-to-peer transactions become more mainstream. https://opensea.io/BigScreenEntertainmentGroup By creating NFTs and setting up cryptocurrency payments, the company’s digital assets team are working to position Big Screen at the forefront of the new Hollywood. Big Screen will also be using blockchain technology in its future distribution and marketing activities as part of a commitment to transparency and tech. “Nothing...

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98% of consumers plan to make a purchase on social media in 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...

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Cultivating global success for Saskatchewan tech startups

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,...

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FirstBank Closes Out the Year with Record Income and Growth

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...

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Allied Announces February 2022 Distribution

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...

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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%

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,...

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ToughBuilt Industries, Inc. Announces $5 Million Registered Direct Offering

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...

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