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Day: April 18, 2022

FAT Brands Inc. Announces Second Quarter Cash Dividend on Class A Common Stock and Class B Common Stock

Los Angeles, CA, April 18, 2022 (GLOBE NEWSWIRE) — FAT (Fresh. Authentic. Tasty.) Brands Inc. (NASDAQ: FAT), a leading global franchising company and parent company of iconic brands including Round Table Pizza, Fatburger, Marble Slab Creamery, Johnny Rockets, Twin Peaks, Fazoli’s and 11 other restaurant concepts, announced today that its Board of Directors has declared the Company’s fiscal 2022 second quarter cash dividend of $0.13 per share on each outstanding share of Class A common stock and Class B common stock. The dividend is payable on June 1, 2022 to holders of record of Class A common stock and Class B common stock as of the close of business on May 16, 2022. The declaration and payment of future dividends, as well as the amounts thereof, are subject to the discretion of the Company’s Board of Directors. The amount and...

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Solaris Reports In-Pit Resources of 579 Mt at 0.59% CuEq (Ind) & 887 Mt at 0.47% CuEq (Inf), Includes ‘Indicative Starter Pit’ of 180 Mt at 0.82% CuEq (Ind) & 107 Mt at 0.73% CuEq (Inf); Targeting High-Grade Extensions and Major Growth in Cluster

Figure 1 – Warintza Mineral Resource Plan View (1,400m Elevation) Figure 1 – Warintza Mineral Resource Plan View (1,400m Elevation)Figure 2 – Warintza Mineral Resource Long Section Figure 2 – Warintza Mineral Resource Long SectionFigure 3 – Warintza Mineral Resource Cross Section Figure 3 – Warintza Mineral Resource Cross SectionVANCOUVER, British Columbia, April 18, 2022 (GLOBE NEWSWIRE) — Solaris Resources Inc. (TSX: SLS; OTCQB: SLSSF) (“Solaris” or the “Company”) is pleased to report an updated mineral resource estimate (“MRE” or the “Resource”) for the Warintza Central deposit at its Warintza Project (“Warintza” or the “Project”) in southeastern Ecuador. Highlights are listed below, with corresponding images in Figures 1-3 and detailed results in Table 1. HighlightsIn-Pit Indicated mineral resources of 579 million...

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Exela Technologies Announces Share Buyback of up to 100 Million Shares of Common Stock at $1.25 per Share Through Exchange Offer for New Class of Preferred Stock

Shareholders can exchange blocks of 20 shares of common stock into a $25 liquidation preference, 6% cumulative dividend, voting, convertible preferred stock $25 liquidation preference represents a 257% premium to the closing share price of $0.35 on April 15, 2022 on a per share of common stock equivalent basis Shares tendered will be retired, reducing share count by approximately 20.6% Holders of Series B Preferred Stock will also be entitled to exchange their shares for an equivalent number of shares of the new class of preferred stock plus a cash payment equal to accrued but unpaid dividends For record holders of stock the expiration time of the offer is 11:59 p.m. on May 16, 2022. Shareholders who hold their stock through a broker or other nominee will likely have an earlier deadline by which they must instruct their broker or nominee...

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Iveda Receives $1.3M Smart Pole Purchase Order from New Strategic Partner for Agricultural and Solar Farms in Japan

MESA, Ariz., April 18, 2022 (GLOBE NEWSWIRE) — Iveda (NASDAQ: IVDA), a worldwide provider of AI video search, Internet of Things (IoT), video surveillance and smart city digital transformation technologies, today announced the signing of a strategic partnership agreement with IP Dream, Inc. A $1.3 million purchase order for 50 units of Iveda’s Utilus smart pole is IP Dream’s initial order. IP Dream is a worldwide provider of IT and communications technology in Japan since 2004, whose customers include Hitachi, Canon, Toyota, Secom, NTT Group and Softbank. Utilus consists of a smart power management and wireless mesh communications network with WiFi, 4G and 5G small cell capabilities and other wireless protocols that provide distributed video surveillance with AI video search technology and remote management of local devices such...

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InvestmentPitch Media Video Discusses Stratabound Minerals’ Doubling of its Land Position to 120 Sq Kilometres in Emerging New Maritime Gold District

VANCOUVER, British Columbia, April 18, 2022 (GLOBE NEWSWIRE) — Stratabound Minerals Corp. (TSXV:SB) (OTCQB:SBMIF) has acquired an additional 19 claims covering an area of 59.56 square kilometres or 5,956 hectares of prospective ground in northern New Brunswick. The newly acquired property is adjacent to Stratabound’s McIntyre Brook Gold Project and Puma Exploration’s Williams Brook high-grade gold project in an emerging new Maritime gold district, with geological comparisons to New Found Gold’s Queensway Project in eastern Newfoundland.For more information, please view the InvestmentPitch Media video which provides additional information about this news and the company. The video is available for viewing on “InvestmentPitch” and on “YouTube”. If these links are not enabled, please visit www.InvestmentPitch.com and enter...

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Tritium and BP Enter Into Multi-Year Contract

Tritium and BP Contract Signing Event; United Kingdom Left to right: Alastair Laurenson (EV Charger Category Specialist, bp Pulse), Suren Balendran (ICE Procurement Advisor, bp), Chris O’Sullivan (VP Operations, bp Pulse), David Toomey (Chief Revenue Officer, Tritium), Jane Hunter (CEO, Tritium), Paul Wellicome (EV Procurement Advisor, bp Pulse), Michel Scholtes (VP Sales Europe, Tritium), Matt Hobbs (Engineering & Quality Director, bp Pulse), Alejandro Nieto (e-Mobility Substation Delivery Manager, bp Pulse), Kai Tan (EV Charger Delivery Manager, bp Pulse)LONDON, April 18, 2022 (GLOBE NEWSWIRE) — Tritium DCFC Limited (“Tritium” or the “Company”) (Nasdaq: DCFC), a global developer and manufacturer of direct current (“DC”) fast chargers for electric vehicles (“EVs”), has entered into a multi-year contract with bp (NYSE:...

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Lygos and Flexible Solutions International Announce Definitive Merger Agreement to Form Leading Sustainable Specialty Ingredient Company

Merger transaction follows a fully funded $160 million investment in Lygos to accelerate integration and scale production to meet increasing demand for agricultural, industrial, and consumer applications BERKELEY, Calif. and VICTORIA, British Columbia, April 18, 2022 (GLOBE NEWSWIRE) — Lygos, Inc. (“Lygos”), a vertically integrated biotechnology provider of sustainable specialty ingredients, and Flexible Solutions International, Inc. (“FSI”) (NYSE: FSI) a developer and manufacturer of biodegradable products, today announced they have entered into a definitive merger agreement providing for an all-stock transaction. The companies plan to integrate the two complementary technology platforms, expand the portfolio of multi-functional organic acids, and scale production to meet the increasing demand for sustainable products for agricultural,...

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USI Insurance Services Acquires Benefits 7

New Partnership Expands USI’s Indiana-based Employee Benefit Consulting Expertise VALHALLA, N.Y., April 18, 2022 (GLOBE NEWSWIRE) — USI Insurance Services (“USI”), a world leader in risk management, employee benefit and retirement consulting, today announced the acquisition of Vincennes, Indiana-based employee benefits brokerage and advisory firm, Benefits 7, Inc. Terms of the transaction were not disclosed. Commenting on the announcement, Benefits 7 Partner, James Franklin, stated: “This exciting partnership with USI further strengthens our ability to help employers optimize their benefit plans by offering access to USI’s expanded suite of industry-leading solutions and expertise.” “Since our company’s founding in 1987, Benefits 7 has grown to become one of the leading employee benefit advisory firms in Indiana,” stated Benefits...

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Facility Management Market to Reach USD 1,759.25 Billion by 2028 | Facility Industry Exhibiting CAGR of 5.0% During 2021-2028

Companies covered in the Facility Management Market are Sodexo (France), CBRE Group, Inc. (United States), ISS A/S (Denmark), Compass Group (United Kingdom), Aramark (United States), Jones Lang LaSalle Incorporated (United States), Cushman & Wakefield plc. (United States), Tenon Group (India), Johnson Controls International plc (Ireland), Dussmann Group (Germany) Pune, India, April 18, 2022 (GLOBE NEWSWIRE) — The Global Facility Management Market is expected to reach USD 1,759.25 Billion by 2028, exhibiting an excellent CAGR of 5.0% during the forecast period. In developing and developed nations, government bodies nowadays are striving persistently to strengthen their economic diversifications. To do so, they are investing huge sums in non-economic sectors, which also include the tourism sector. As per a published report by Fortune...

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Gantry Industrial Robots Market Worth USD 5.17 Billion by 2029 | Gantry Industrial Robots Industry Exhibiting CAGR of 9.4% During 2022-2029

Companies covered in the gantry industrial robots market are Yamaha Motor Co., Ltd. (Japan), TOSHIBA MACHINE CO., Ltd. (Japan), Liebherr (Germany), ABB Ltd. (Switzerland), Kuka AG (Germany), FANUC CORPORATION (Japan), PARKER HANNIFIN CORP (U.S.), Sage Automation Inc. (U.S.), Bosch Rexroth AG (Germany), Gudel Group AG (Switzerland) Pune, India, April 18, 2022 (GLOBE NEWSWIRE) — The global Gantry Industrial Robots Market size was USD 2.53 Billion in 2021. The market is expected to grow from USD 2.76 Billion in 2022 to USD 5.17 Billion by 2029, exhibiting a CAGR of 9.4% during the forecast period. The increasing applications of robots and exponential investments by automotive players and venture capitalists are expected to propel market development. Fortune Business Insights™ provides this information in its report titled “Gantry...

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