Canadian Net REIT Announces a New Equity Incentive Plan

Written by Customer Service on April 14, 2022. Posted in Public Companies.

MONTREAL, April 14, 2022 (GLOBE NEWSWIRE) — (TSX-V: NET.UN) Canadian Net Real Estate Investment Trust (“Canadian Net” or the “Trust”) announces a new equity incentive plan (the “Equity Incentive Plan”) that further aligns executive management and unitholder interests. At the annual and special meeting of unitholders to be held on May 25th, 2022, unitholders will be asked, among other matters, to consider, and if deemed appropriate, to pass resolutions approving the Equity Incentive Plan as further described in the Management Information Circular. The Equity Incentive Plan consolidates, amends, and restates the existing unit compensation plan of the Trust, as approved on April 19, 2019, as amended on May 22, 2020, and as further amended on March 26, 2021, and the deferred trust unit plan of the Trust, as approved on March 26, 2021. EligibilityThose...

Kathy Hopinkah Hannan Joins Carpenter Technology’s Board of Directors

Written by Customer Service on April 14, 2022. Posted in Public Companies.

PHILADELPHIA, April 14, 2022 (GLOBE NEWSWIRE) — Carpenter Technology Corporation (NYSE: CRS) announced today that Kathy Hopinkah Hannan has been appointed to the Company’s Board of Directors, effective immediately. Ms. Hannan is a former partner with KPMG, where she held several global leadership roles during her distinguished 30-year career. Her roles included Global Lead Partner & National Managing Partner for Diversity & Corporate Responsibility, Vice Chairman of Human Resources, and as a leader in KPMG’s tax practice. In addition, she served on KPMG’s U.S. and Americas Management Committees and as a member of the Board of Trustees of The KPMG Foundation. Ms. Hannan currently serves on the Boards of Otis Worldwide Corporation and Annaly Capital Management. She also serves on the Board of Trustees of the Smithsonian...

Nexus Industrial REIT Announces Q1 2022 Results Date and April and May Distributions

Written by Customer Service on April 14, 2022. Posted in Dividend Reports And Estimates.

TORONTO and MONTREAL, April 14, 2022 (GLOBE NEWSWIRE) — Nexus Industrial REIT (the “REIT”) (TSX: NXR.UN) announced today that it intends to release its financial results for the quarter ended March 31, 2022 before the opening of the TSX on Friday, May 13, 2022. Management of the REIT will host a conference call at 11:00 AM Eastern Standard Time on Friday May 13, 2022 to review the financial results and operations. To participate in the conference call, please dial 416-915-3239 or 1-800-319-4610 (toll free in Canada and the US) at least five minutes prior to the start time and ask to join the Nexus Industrial REIT conference call. A recording of the conference call will be available until June 13, 2022. To access the recording, please dial 604-674-8052 or 1-855-669-9658 (toll free in Canada and the US) and enter access...

MusclePharm Announces Fourth Quarter and Fiscal Year 2021 Financial Results

Written by Customer Service on April 14, 2022. Posted in Earnings Releases And Operating Results.

Company Delivers $10.0 Million of Net Revenue in Fourth Quarter 2021 and $50.0 Million of Net Revenue for Full Year 2021 Operating Expenses Decline $2.7 Million or 16% for Full Year 2021 Company Sells More Than 1.4 Million Cans of MP Performance Energy Since Launch; Delivers Fourth Quarter 2021 Energy Margins of 35% and Full Year 2021 Energy Margins of 45% LAS VEGAS, April 14, 2022 (GLOBE NEWSWIRE) — MusclePharm Corporation (“MusclePharm” or the “Company”) (OTCMKTS: MSLP), a global provider of leading sports nutrition and lifestyle branded nutritional supplements, today reported financial results for the fourth quarter and fiscal year ended December 31, 2021. Mr. Ryan Drexler, the Chairman of the Board of Directors and Chief Executive Officer, stated, “I am incredibly proud of the numerous business achievements we have had in 2021...

Ultra Lithium Completes Acquisition of Forgan Lake Lithium Property and Provides Corporate Update

Written by Customer Service on April 14, 2022. Posted in Mergers And Acquisitions.

Fig 1. Drilling operation at Laguna Verde VANCOUVER, British Columbia, April 14, 2022 (GLOBE NEWSWIRE) — Ultra Lithium Inc. (TSX-V: ULT) (“Ultra Lithium” or “the Company”) is pleased to announce it has acquired 100% of the Forgan Lake property from International Lithium Inc. (TSX-V: ILC). The parties entered into an amended agreement wherein Ultra Lithium acquired 100% of Forgan Lake for a cash payment of $150,000. The Forgan Lake property consists of approximately 256 hectares land in 20 mining claims located in the Thunder Bay Mining District in Northwestern Ontario, Canada. It is located adjacent to the north of Ultra Lithium’s Lucky Lake claim block comprised of 15 mining claims. Forgan Lake Highlights Lithium mineralization is comprised of six spodumene-bearing pegmatites Three 2019 grab samples showed lithium values of...

Hingham Savings Reports First Quarter 2022 Results

Written by Customer Service on April 14, 2022. Posted in Earnings Releases And Operating Results.

HINGHAM, Mass., April 14, 2022 (GLOBE NEWSWIRE) — HINGHAM INSTITUTION FOR SAVINGS (NASDAQ: HIFS), Hingham, Massachusetts announced results for the quarter ended March 31, 2022. Earnings Net income for the quarter ended March 31, 2022 was $11,864,000 or $5.54 per share basic and $5.38 per share diluted, as compared to $16,350,000 or $7.65 per share basic and $7.45 per share diluted for the same period last year. The Bank’s annualized return on average equity for the first quarter of 2022 was 13.10%, and the annualized return on average assets was 1.37%, as compared to 21.72% and 2.32% for the same period last year. Net income per share (diluted) for the first quarter of 2022 decreased by 28% compared to the same period in 2021. Core net income for the quarter ended March 31, 2022, which represents net income excluding the after-tax...

Manufactured Housing Properties Inc. Announces Changes to Senior Leadership Team

Written by Customer Service on April 14, 2022. Posted in Public Companies.

Charlotte, North Carolina, April 14, 2022 (GLOBE NEWSWIRE) — Manufactured Housing Properties Inc. (OTC:MHPC), an operator of manufactured housing communities, announced several changes to its senior leadership team today. The changes reflect a thoughtful and strategic approach to long-term growth for the company. “I’m proud of the leadership talent that we are developing at MHPC,” said Raymond Gee, Chairman of the Board and Chief Executive Officer of Manufactured Housing Properties Inc. (“MHPC”) “Over the last five years, we have developed the depth and diversity in our executive team to continue our growth and achieve strong profitability.” Jay W. Wardlaw has been appointed to the position of President and has been elected to serve as a member of the board by the company’s board of directors, effective immediately. Jay adds his...

Terranueva: Results of the Shareholders Meeting

Written by Customer Service on April 14, 2022. Posted in Public Companies.

L’ASSOMPTION, Quebec, April 14, 2022 (GLOBE NEWSWIRE) — Terranueva Corporation (CSE: TEQ) (“Terranueva” or the “Company”) is pleased to announce the results of its annual and special meeting of shareholders held on April 14, 2022. The shareholders approved, by a majority of votes, a resolution to elect the following directors: Sylvain Aird, Marc-André Aubé, Marianne Fortier-Landry, Gérard Landry, Jean-Luc Landry, Peter Polatos and Sylvain Tremblay. Also, the shareholders, by a majority of votes, proceeded with the appointment of PricewaterhouseCoopers LLP as auditors of the Corporation, as well as approved the Corporation’s Fixed Stock Option Plan in order to increase at 4,596,996 the maximum of common shares to be issued upon exercise of options, which represents 10% of the number of common share in the...

SCWorx Reaches Agreement in Principle with SEC Staff to Resolve Previously Disclosed SEC Matter

Written by Customer Service on April 14, 2022. Posted in Public Companies.

Agreement is Subject to Approval by the Securities and Exchange Commission New York, NY, April 14, 2022 (GLOBE NEWSWIRE) — SCWorx Corp (Nasdaq: WORX) today announced that the Company has reached an agreement in principle, subject to approval by the Securities and Exchange Commission (“SEC”), to resolve the SEC matter arising out of the Company’s April 13, 2020 press release and the events thereafter (first disclosed in the Company’s March 31, 2020 10-Q). As disclosed in the SCWorx 10-K filed on March 31, 2022, the Company received a Wells Notice from the Staff of the SEC on December 8, 2021 (and an amended Wells Notice on December 10), in which the Staff made a preliminary determination to recommend that the SEC file an enforcement action against the Company and seek, among other things, an injunction, fines and disgorgement. ...

Genius Group Closes Initial Public Offering

Written by Customer Service on April 14, 2022. Posted in Public Companies.

SINGAPORE, April 14, 2022 (GLOBE NEWSWIRE) — Genius Group Limited (“Genius Group” or the “Company”) announced the closing of its initial public offering of 3,763,636 ordinary shares, including 490,909 ordinary shares issued pursuant to the full exercise by the underwriter of its over-allotment option, at a price of $6.00 per share (the “Offering”) resulting in $22,581,816 of gross proceeds to the Company, prior to deducting underwriting discounts, commissions and other expenses. All of the ordinary shares were offered by Genius Group. The Company listed its ordinary shares on the NYSE American, effective April 12, 2022, under the symbol “GNS.” Boustead Securities, LLC acted as the sole underwriter for the firm commitment Offering. A registration statement on Form F-1, as amended (File No. 333-257700) relating to the ordinary shares...

Day: April 14, 2022

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