Month: March 2022

Woodgrain to Acquire Huttig Building Products

Written by Customer Service on March 21, 2022. Posted in Mergers And Acquisitions.

FRUITLAND, Idaho and ST. LOUIS, March 21, 2022 (GLOBE NEWSWIRE) — Woodgrain Inc. (“Woodgrain”) and Huttig Building Products, Inc. (“Huttig,” or the “Company”) (NASDAQ: HBP) are pleased to announce a definitive agreement has been reached whereby Woodgrain will purchase Huttig, a leading distributor of millwork, building materials, and wood products. This acquisition will significantly increase Woodgrain’s distribution network, its product offering, and its value-added services. “Huttig has a long history as a value-added distributor, focused on service and innovation. This acquisition will increase our footprint by expanding our network, and by adding Huttig’s expertise and resources to our own, we are positioned to bring even more value to our respective customers and supply partners. We are thrilled to add Huttig’s talented associates...

Aurcana Silver Announces Updated Feasibility Study for the Revenue-Virginius Mine Confirming NPV5 US$109 Million and Mercuria Loan Restructuring

Written by Customer Service on March 21, 2022. Posted in Public Companies.

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES VANCOUVER, British Columbia, March 21, 2022 (GLOBE NEWSWIRE) — AURCANA SILVER CORPORATION (“Aurcana” or the “Company“) (TSXV: AUN) provides the following update with respect to its wholly owned Revenue-Virginius Mine (“RV Mine”) located in Ouray, Colorado, USA. Updated Feasibility Study for the RV Mine Confirming NPV5 US$109 Million Aurcana is pleased to announce that it has completed an updated feasibility study (the “Updated Feasibility Study”) prepared by SRK Consulting (US) (“SRK”) with an effective date of December 31, 2021 and in accordance with National Instrument 43-101 – Standards of Disclosure for Mineral Projects (“NI 43-101”). The Updated Feasibility Study re-affirms the substantial value of the RV Mine with...

Inari Medical Announces Closing of Underwriters’ Over-Allotment Option in Connection with Offering of Common Stock

Written by Customer Service on March 21, 2022. Posted in Public Companies.

IRVINE, Calif., March 21, 2022 (GLOBE NEWSWIRE) — Inari Medical, Inc. (NASDAQ: NARI) (“Inari”), a medical device company with a mission to treat and transform the lives of patients suffering from venous and other diseases, announced today that it has completed the sale of an additional 300,000 shares of its common stock, pursuant to the exercise in full of the over-allotment option granted to the underwriters in connection with Inari’s recently completed underwritten public offering of 2,000,000 shares of common stock, at the public offering price of $81.00 per share, less underwriting discounts and commissions. After giving effect to the sale of these additional shares, a total of 2,300,000 shares of common stock were sold in the offering, for aggregate gross proceeds of approximately $186.3 million, before deducting underwriting...

Statera Biopharma Announces Proposed Underwritten Public Offering

Written by Customer Service on March 21, 2022. Posted in Public Companies.

FORT COLLINS, Colo., March 21, 2022 (GLOBE NEWSWIRE) — Statera Biopharma, Inc. (NASDAQ: STAB) (the “Company” or “Statera Biopharma”), a leading biopharmaceutical company creating next-generation immune therapies that focus on immune restoration and homeostasis, today announced it has commenced an underwritten public offering. EF Hutton, division of Benchmark Investments, LLC, is acting as the sole book-running manager for the offering. The proposed offering of the units, consisting of one share of common stock and one warrant to purchase one share of common stock, and pre-funded units, consisting of one pre-funded warrant to purchase one share of common stock and one warrant to purchase one share of common stock, is being offered by the Company pursuant to a “shelf” registration statement on Form S-3 (File No. 333-238578)...

ExGen Announces Closing of $2,880,000 Common Share Private Placement

Written by Customer Service on March 21, 2022. Posted in Public Companies.

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES VANCOUVER, British Columbia, March 21, 2022 (GLOBE NEWSWIRE) — ExGen Resources Inc. (TSX.V: EXG; OTC: BXXRF) (“ExGen”) is pleased to announce that, further to its news releases dated November 23, 2021, January 14, 2022 and January 18, 2022, it has completed its previously announced non-brokered private placement offering on March 18, 2022, pursuant to which ExGen issued 28,800,000 common shares in the capital of ExGen (“Common Shares”) at a price of $0.10 per Common Share, for aggregate gross proceeds of $2,880,000 (the “Private Placement”). ExGen has paid a finder’s fees on certain of the issuances in the Private Placement totalling $6,700. All securities issued in connection with the Private Placement are subject to a hold period...

Fortress Transportation and Infrastructure Investors LLC Announces 2021 K-1 Tax Package

Written by Customer Service on March 21, 2022. Posted in Public Companies.

NEW YORK, March 21, 2022 (GLOBE NEWSWIRE) — Fortress Transportation and Infrastructure Investors LLC (“NYSE:FTAI”) today announced that its 2021 Schedule K-1 tax packages are available online. FTAI shareholders may access their Schedule K-1 tax packages at www.taxpackagesupport.com/FTAI or by visiting the Investor Center section of FTAI’s website at www.ftandi.com. The mailing of 2021 Schedule K-1 tax packages will commence before March 31, 2022. For additional information, shareholders may call FTAI Tax Package Support toll free at (855) 225-9906. About Fortress Transportation and Infrastructure Investors LLC Fortress Transportation and Infrastructure Investors LLC owns and acquires high quality infrastructure and equipment that is essential for the transportation of goods and people globally. FTAI targets assets that, on a combined...

FreightCar America, Inc. Announces CFO Transition

Written by Customer Service on March 21, 2022. Posted in Public Companies.

Company promotes Michael Riordan to Chief Financial Officer CHICAGO, March 21, 2022 (GLOBE NEWSWIRE) — FreightCar America, Inc. (Nasdaq: RAIL) (“FreightCar America” or the “Company”) announced the promotion of Michael A. (Mike) Riordan to Chief Financial Officer (CFO) effective today. Mr. Riordan has served as the Company’s Corporate Controller and Chief Accounting Officer since November 2020 and replaces Terence R. (Terry) Rogers, who joined FreightCar America in early 2021 and will leave the Company after a transition period. “On behalf of the entire FreightCar America team, I want to thank Terry for his many contributions to our successes during the past year,” said Jim Meyer, President and Chief Executive Officer of FreightCar America. “Terry joined us on short notice last year at a critical time for the Company....

Sabina Gold & Silver Corp. Announces C$110 Million Bought Deal Financing

Written by Customer Service on March 21, 2022. Posted in Public Companies.

Not for distribution to U.S. news wire services or dissemination in the United States. VANCOUVER, British Columbia, March 21, 2022 (GLOBE NEWSWIRE) — Sabina Gold & Silver Corp. (SBB.T/SGSVF.OTCQX), (“Sabina” or the “Company”) has announced today that it has entered into an agreement with a syndicate of underwriters led by BMO Capital Markets (collectively, the “Underwriters”), under which the Underwriters have agreed to buy on a bought deal basis 71,000,000 common shares (the “Common Shares”) at a price of C$1.55 per Common Share for gross proceeds of approximately C$110 million (the “Offering”). The Company has granted the Underwriters an option, exercisable at the offering price for a period of 30 days following the closing of the Offering, to purchase up to an additional 15% of Common Shares issued to cover over-allotments,...

First Savings Financial Group, Inc. Completes $31.0 Million Subordinated Notes Offering

Written by Customer Service on March 21, 2022. Posted in Public Companies.

JEFFERSONVILLE, Ind., March 21, 2022 (GLOBE NEWSWIRE) — First Savings Financial Group, Inc. (the “Company”) (NASDAQ: FSFG), the holding company for First Savings Bank (the “Bank”), announced today the completion of a private placement offering of 4.50% Fixed-to-Floating Rate Subordinated Notes due 2032 (the “Notes”), in the aggregate principal amount of $31.0 million, to certain qualified institutional buyers and accredited institutional investors. The Company intends to use the net proceeds for general corporate purposes, including to fund organic growth, the future repayment of existing outstanding subordinated debt, and potential repurchases of shares of the Company’s outstanding common stock. The Notes are intended to qualify as Tier 2 capital for the Company for regulatory capital purposes, if applicable. The Notes mature...

Caribou Biosciences Reports Fourth Quarter and Full Year 2021 Financial Results and Provides Corporate Update

Written by Customer Service on March 21, 2022. Posted in Earnings Releases And Operating Results.

— Company plans to present initial ANTLER Phase 1 clinical data at a medical meeting in 2022 for CB-010, its lead allogeneic cell therapy candidate for patients with r/r B-NHL — — 2022 submission of IND application planned for CB-011, an allogeneic cell therapy candidate for patients with r/r multiple myeloma — — Leadership team expanded with appointment of Syed Rizvi, M.D., as chief medical officer — — Cash, cash equivalents, and marketable securities of $413.5 million as of December 31, 2021 support advancement of wholly owned pipeline of allogeneic CAR-T and CAR-NK cell therapies — BERKELEY, Calif., March 21, 2022 (GLOBE NEWSWIRE) — Caribou Biosciences, Inc. (Nasdaq: CRBU), a leading clinical-stage CRISPR genome-editing biopharmaceutical company, today reported business highlights...

Month: March 2022

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