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Month: March 2022

Algoma Steel Group Announces Approval of Normal Course Issuer Bid

SAULT STE. MARIE, Ontario, March 01, 2022 (GLOBE NEWSWIRE) — Algoma Steel Group Inc. (NASDAQ: ASTL; TSX: ASTL) (“Algoma” or “the Company”) announced today that the Toronto Stock Exchange (the “TSX”) has approved the Company’s intention to make a normal course issuer bid (“NCIB”) for a portion of its common shares (“Shares”) as appropriate opportunities arise from time to time. The Company believes that the market price of the Shares may not, from time to time, fully reflect their value and accordingly the purchase of Shares would be in the best interests of the Company and an attractive use of available funds. Pursuant to the NCIB, the Company may acquire, from time to time, over a period of 12 months starting March 3, 2022 and ending March 2, 2023, up to a maximum of 7,397,889 of its Shares, or approximately 5% of its 147,957,790...

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Titanium Transportation Expands U.S. Based Freight-Brokerage Operations, Secures Key Southeast Market Location in Atlanta, GA

BOLTON, Ontario, March 01, 2022 (GLOBE NEWSWIRE) — Titanium Transportation Group Inc. (“Titanium” or the “Company”) (TSXV:TTR), a leading provider of transportation and logistics services throughout North America, is pleased to announce it has expanded its U.S. based freight-brokerage operations with the opening of its fifth U.S. office in Atlanta, GA. “Our decision to invest and expand our freight-brokerage service offering in the U.S. reflects our ‘asset-light’ growth strategy for the United States and represents a strong revenue opportunity for Titanium,” said Ted Daniel, President and CEO, Titanium Transportation. “We have established a U.S. based team with deep brokerage and logistics industry expertise in key markets, including Atlanta, that will enable us to address the supply chain challenges...

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CNH Industrial N.V. files 2021 Annual Report on Form 20-F and publishes 2021 EU Annual Report; calling of the Annual General Meeting

London, March 1, 2022 CNH Industrial (NYSE: CNHI / MI: CNHI) announced today that it has filed its 2021 Annual Report on Form 20-F (prepared in accordance with U.S. GAAP) with the United States Securities and Exchange Commission and it has published its 2021 EU Annual Report (including the consolidated financial statements prepared in accordance with EU-IFRS and the separate financial statements of CNH Industrial N.V.). The 2021 Annual Report on Form 20-F and the 2021 EU Annual Report are available in the Investor Relations section of the CNH Industrial corporate website at www.cnhindustrial.com. Both documents can be viewed online or downloaded in PDF format. Shareholders may also request a hard copy of the Company’s complete 2021 audited financial statements free of charge from investor.relations@cnhind.com. The Company also published...

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Priority Income Fund Announces 9.7% Annualized Cash Distribution Rate (on Class R Offering Price) Through Board Declarations of Increased Quarterly Cash “Bonus” Common Shareholder Distribution in Addition to Steady Monthly Cash “Base” Common Shareholder Distributions for March 2022 through May 2022 and Preferred Stock Distributions for March 2022

NEW YORK, March 01, 2022 (GLOBE NEWSWIRE) — Priority Income Fund, Inc. (“Priority Income Fund” or the “Fund”) announced today that the Fund’s board of directors has declared additional steady monthly cash “base” common shareholder distributions as well as an increased quarterly cash “bonus” common shareholder distribution. The annualized total cash distribution is $1.33245 per share (9.7% annualized rate), representing the 7th consecutive quarterly increase, for distributions with record dates between March 4, 2022, and May 27, 2022, based on the current Class R offering price of $13.77 per common share. The cash “base” distributions will have weekly record dates and will be payable monthly to common stockholders of record as of the close of business each week. These declared distributions equal a weekly...

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Sugarbud Announces Preliminary Q4 2021 Results, Corporate Update and 2022 Outlook

CALGARY, Alberta, March 01, 2022 (GLOBE NEWSWIRE) — Sugarbud Craft Growers Corp. (TSXV: SUGR, SUGR.DB, SUGR.WR, SUGR.WS, SUGR.WT) (OTCQB: SBUDD) (“Sugarbud” or the “Company“) is pleased to announce certain preliminary unaudited financial and operating results for Q4 2021 and provide Management comments regarding the Company’s outlook for 2022. Q4 2021 Results and Corporate Operating Update “2021 was a pivotal year for the Company and our commercial growth overall as an emerging leader in Canadian Craft Cannabis. Over the course of our first full year of commercial operations, we established a strong platform for future profitable growth through a combination of relentless focus on delighting our target consumers and an efficient, demand-driven operating model,” stated Sugarbud CEO John Kondrosky. 2021...

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Shenandoah Telecommunications to Present at the Raymond James 43rd Annual Institutional Investors Conference

EDINBURG, Va., March 01, 2022 (GLOBE NEWSWIRE) — Shenandoah Telecommunications Company (“Shentel”) (NASDAQ: SHEN) today announced that Jim Volk, Chief Financial Officer, and Ed McKay, Chief Operating Officer, will present at the Raymond James 43rd Annual Institutional Investors Conference at the JW Marriott Orlando Grande Lakes Hotel on Monday, March 7, 2022 at 4:35 p.m. ET.  Investors may access a live webcast of the presentation on Shentel’s website at www.investor.shentel.com. The webcast will be available for replay for a limited time on Shentel’s website following the presentation. About Shenandoah Telecommunications Shenandoah Telecommunications Company (Shentel) provides broadband services through its high speed, state-of-the-art cable, fiber-optic and fixed wireless networks to customers in the Mid-Atlantic United States....

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Novonix Announces Appointment of Jean Oelwang to Its Board of Directors

President and Founding CEO of Virgin Unite Brings 30 Years of Experience Building Telecommunications Companies and Creating Foundations that Build Collectives, Incubate Ideas and Reinvent Systems for a Better World BRISBANE, Australia, March 01, 2022 (GLOBE NEWSWIRE) — NOVONIX Limited (NASDAQ: NVX, ASX: NVX, OTCQX: NVNXF) (“NOVONIX” or “the Company”), a leading battery materials and technology company, is pleased to announce the appointment of Jean Oelwang, President and Founding CEO of Virgin Unite, the entrepreneurial foundation of the worldwide Virgin Group, to its Board of Directors. “We are thrilled to have Ms. Oelwang join our Board of Directors,” says Bob Natter, Chairman of NOVONIX. “She brings incredible experience working with large scale organizations, focused on developing best practices for a more sustainable future....

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Mitesco Appoints Jessica Finnegan to Vice President of Human Resources

MINNEAPOLIS, MN, March 01, 2022 (GLOBE NEWSWIRE) — via NewMediaWire – Mitesco, Inc. (OTCQB: MITI), a leading operator of wellness clinics that combine a nurse practitioner model with personalized, whole-person primary care, today announced the appointment of Ms. Jessica Finnegan to the position of Vice President, Human Resources. Ms. Finnegan most recently served as the Vice President of People and Chief Human Resources Officer at MKS2 Technologies, an Austin, Texas-based technology business providing services to the Federal Government and commercial clients. She led all aspects of human resources for the organization, supporting employees in 49 States and Puerto Rico and was responsible for successfully developing and deploying HR capabilities in the areas of engagement, talent development, performance management, succession planning,...

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Miromatrix Names Jim Douglas as New Chief Financial Officer

EDEN PRAIRIE, Minn., March 01, 2022 (GLOBE NEWSWIRE) — Miromatrix Medical Inc. (NASDAQ: MIRO), a life sciences company pioneering a novel technology for bioengineering fully transplantable organs to help save and improve patients’ lives, announced the appointment of Jim Douglas as the Company’s new Chief Financial Officer (CFO) effective March 1, 2022. As CFO, Jim will lead Miromatrix’s finance organization and oversee all financial activities of the corporation. Mr. Douglas will succeed Brian Niebur, who will continue to serve Miromatrix as the Vice President of Finance. “On behalf of everyone at Miromatrix and our Board of Directors, I want to thank Brian for his many contributions during his tenure as CFO for the Company, including his strong leadership through Miromatrix’s IPO. He has played a vital role in enabling our growth...

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Home BancShares, Inc. to Present at the 2022 RBC Capital Markets Global Financial Institutions Conference

CONWAY, Ark., March 01, 2022 (GLOBE NEWSWIRE) — Home BancShares, Inc. (NYSE: HOMB) (“Home” or “the Company”), and its wholly-owned subsidiary, Centennial Bank (“Centennial”), announced that it would participate in a panel discussion titled ‘Banking Unplugged’ at the 2022 RBC Capital Markets Global Financial Institutions Virtual Conference held March 8-9, 2022. The panel discussion will be held at 3:00 p.m. CT (4:00 p.m. ET), on Tuesday, March 8, 2022. The conference panel discussion will be webcast live and can be accessed through the Company’s website, www.homebancshares.com, under Investor Relations or at the following link: https://kvgo.com/rbc-financial-institutions/home-bancshares-2022. The reply/recorded version of the panel will be available via this same link within 12 hours of the panel discussion and will be available...

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