Day: March 22, 2022

Telecure Technologies Reports Results of its Annual General Meeting

Written by Customer Service on March 22, 2022. Posted in Public Companies.

VANCOUVER, British Columbia, March 22, 2022 (GLOBE NEWSWIRE) — Telecure Technologies Inc. (CSE: TELE) (FSE: 6MZ) (the “Company” or “Telecure”) is pleased to report the results of its Annual General Meeting (“the Meeting”) of shareholders held today in Vancouver. All resolutions proposed in the management information circular for the Meeting were passed by shareholders. Shareholders set the number of directors to hold office for the ensuing year at five, and supported each of the nominees – Harwinder Parmar, Joshua Rosenberg, Faizaan Lalani, Aman Parmar and Paul More – nominated by management for election as a director of the Company. Votes For % Votes For Votes Withheld % Votes WithheldHarwinder Parmar 39,638,376 63.80 22,487,366 36.20Joshua Rosenberg 39,611,298 63.76 22,514,444 36.24Faizaan Lalani 39,650,976 63.82 22,474,766 36.18Aman...

Mount Logan Capital Inc. Reports 2021 Annual Results; Declares Shareholder Distribution

Written by Customer Service on March 22, 2022. Posted in Earnings Releases And Operating Results.

TORONTO, March 22, 2022 (GLOBE NEWSWIRE) — Mount Logan Capital Inc. (NEO: MLC) (“Mount Logan,” “our,” “we,” or the “Company”) announces its financial results for the fourth quarter and year ended December 31, 2021. All amounts are stated in United States dollars, unless otherwise indicated. Highlights:In the fourth quarter, Mount Logan completed its acquisition of Ability Insurance Company (“Ability”), a Nebraska domiciled insurer and reinsurer of long-term care policies. Total revenue for the year ended December 31, 2021 was $11.6 million, an increase from $3.5 million or 231% for the year ended December 31, 2020. Net income for the year ended December 31, 2021 was $28.7 million, an increase from $(2.8) million for the year ended December 31, 2020. Shareholders’ equity as at December 31, 2021 of $85.3 million,...

Helios Fairfax Partners Corporation: Financial Results for the Year Ended December 31, 2021

Written by Customer Service on March 22, 2022. Posted in Earnings Releases And Operating Results.

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES (Note: All dollar amounts in this news release are expressed in U.S. dollars except as otherwise noted. The financial results are prepared using the recognition and measurement requirements of International Financial Reporting Standards, except as otherwise noted, and are unaudited.) TORONTO, March 22, 2022 (GLOBE NEWSWIRE) — Helios Fairfax Partners Corporation (TSX: HFPC.U) announces a net loss of $25.9 million for the fiscal year 2021 ($0.24 net loss per diluted share), compared to a net loss of $206.6 million in the fiscal year 2020 ($3.31 net loss per diluted share), principally reflecting net change in unrealized gains in Portfolio Investments, decreased net realized losses on Portfolio Investments, and decreased expenses as 2020 included...

Banco Santander-Chile summons annual shareholders meeting and proposes a dividend of 60% of 2021 net income attributable to shareholders

Written by Customer Service on March 22, 2022. Posted in Dividend Reports And Estimates.

Using today’s closing price this dividend, if approved by shareholders, is equivalent to a dividend yield of 5.6% SANTIAGO, Chile, March 22, 2022 (GLOBE NEWSWIRE) — Banco Santander Chile (NYSE: BSAC; SSE: Bsantander) informs that in a Board session held today, the Board of Directors agreed to summon an Ordinary Shareholders’ Meeting, to be held remotely on Wednesday, April 27, 2022. Among other items to be submitted for approval to shareholders, the Board is proposing a dividend of Ch$2.46741747 per share, corresponding to 60% of net income attributable to shareholders. Likewise, the remaining 40% of net income attributable to shareholders will be destined to increase the Bank’s reserves. Banco Santander Chile is the largest bank in the Chilean market in terms of loans and assets. As of December 31, 2021, the Bank had...

Precipio Announces 2021 Fourth Quarter and Year-End Shareholder Update Call

Written by Customer Service on March 22, 2022. Posted in Public Companies.

Conference Call to be held on Monday, April 4th, 2022 at 5:00 PM EST NEW HAVEN, Conn., March 22, 2022 (GLOBE NEWSWIRE) — Specialty cancer diagnostics company Precipio, Inc. (NASDAQ: PRPO), will be hosting its Q4-2021 and year end shareholder update call on Monday, April 4th at 5:00 PM ET. The call will include updates on the Company’s current core businesses. The conference call may be accessed by calling 844-695-5519 (international callers dial 1-412-902-6760). All callers should ask for the Precipio Inc. conference call. Participants may also pre-register for the conference call at https://dpregister.com/sreg/10164970/f20eec96a8. For those that pre-register for the shareholder call, the host service will send a calendar invitation and a direct dial-in number for the call to your email used during registration, which will allow...

Collegium Completes the Acquisition of BDSI

Written by Customer Service on March 22, 2022. Posted in Mergers And Acquisitions.

STOUGHTON, Mass., March 22, 2022 (GLOBE NEWSWIRE) — Collegium Pharmaceutical, Inc. (Nasdaq: COLL) (“Collegium”) today announced that it has completed the acquisition of BioDelivery Sciences International Inc. (Nasdaq: BDSI) (“BDSI”). “This acquisition is a major step forward in our mission to build a leading, diversified specialty pharmaceutical company committed to improving the lives of people living with serious medical conditions,” said Joe Ciaffoni, President and Chief Executive Officer of Collegium. “We have significantly diversified the business and expanded our overall revenue scale. This transaction is immediately and highly accretive, and we are now focused on seamless integration and delivering identified synergies of at least $75 million within twelve months.” Strategic RationaleStrategically aligned with Collegium’s...

Farmers & Merchants Bancorp, Inc. Declares 2022 First-Quarter Cash Dividend

Written by Customer Service on March 22, 2022. Posted in Dividend Reports And Estimates.

ARCHBOLD, Ohio, March 22, 2022 (GLOBE NEWSWIRE) — The Board of Directors of Farmers & Merchants Bancorp, Inc., (Nasdaq: FMAO) the holding company of The Farmers & Merchants State Bank, with assets of $2.638 billion at December 31, 2021, today announced that it has approved the Company’s quarterly cash dividend of $0.19 per share, which is an 11.8% increase over the first quarter dividend of 2021. The first quarter dividend is payable on April 20, 2022, to shareholders of record as of April 1, 2022. About Farmers & Merchants Bancorp, IncThe Farmers & Merchants State Bank is a local independent community bank that has been serving Northwest Ohio and Northeast Indiana since 1897. The Farmers & Merchants State Bank provides commercial banking, retail banking and other financial services. Our locations are in...

Sandy Spring Bank Named the Fifth Best Bank in the Country in S&P Global Market Intelligence’s Annual Rankings

Written by Customer Service on March 22, 2022. Posted in Public Companies.

Sandy Spring Bank Earns Top Ranking for Financial Performance OLNEY, Md., March 22, 2022 (GLOBE NEWSWIRE) — Sandy Spring Bank was ranked fifth in S&P Global Market Intelligence’s annual rankings for top-performing banks and credit unions. Sandy Spring Bank was among the top 50 banks with more than $10 billion in assets trading on major exchanges. “Sandy Spring Bank became a more than $10 billion company just two years ago, so we are honored to already be at the top of our class,” said Daniel J. Schrider, President and CEO of Sandy Spring Bank. “For over 150 years we have prioritized delivering personal service to each of our clients, investing in strategic and sustainable growth, and serving our local communities. I am proud of our employees for their hard work. This recognition demonstrates that as a nearly $13 billion institution,...

Steady first quarter performance enables growth and transformation for Servus Credit Union

Written by Customer Service on March 22, 2022. Posted in Earnings Releases And Operating Results.

EDMONTON, Alberta, March 22, 2022 (GLOBE NEWSWIRE) — Servus Credit Union reported net income (after dividends, patronage and taxes) of $28.6 million for the first quarter of the 2022 fiscal year, up 17.9% from the first quarter of Servus’s 2021 fiscal year. Key Servus Credit Union performance indicators (all figures compare Q1 2022 to Q1 2021):Assets grew 1% to $17.4 billion. Deposits increased by 2.6% to $14.4 billion. Loans expanded by 4% to $15.5 billion. Retained earnings were boosted by 10.3% to $1.08 billion and capital is well over the legislated requirement. Provision for credit losses continued to decrease by 126.8% due to more favourable economic forecasts along with lower delinquency and accounts written off.Servus’s net interest income, other income and credit card book saw positive increases in the first quarter...

THOR Industries Announces Regular Quarterly Dividend

Written by Customer Service on March 22, 2022. Posted in Dividend Reports And Estimates.

ELKHART, Ind., March 22, 2022 (GLOBE NEWSWIRE) — THOR Industries, Inc. (NYSE: THO) today announced that its Board of Directors approved, at their March 22, 2022 meeting, the payment of a regular quarterly cash dividend of $0.43 per share. The regular cash dividend is payable on April 20, 2022, to shareholders of record at the close of business on April 6, 2022. About THOR Industries, Inc. THOR is the sole owner of operating companies which, combined, represent the world’s largest manufacturer of recreational vehicles. For more information on the Company and its products, please go to www.thorindustries.com. Forward-Looking StatementsThis release includes certain statements that are “forward-looking” statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act...

Day: March 22, 2022

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