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Month: April 2022

Altisource Portfolio Solutions S.A. Schedules First Quarter 2022 Conference Call

LUXEMBOURG, April 21, 2022 (GLOBE NEWSWIRE) — On Thursday, April 28, 2022, Altisource Portfolio Solutions S.A. (“Altisource”) (NASDAQ: ASPS) will report earnings for the first quarter 2022. A press release and presentation will be available on Altisource’s website in the Investor Relations section. Altisource will also host a conference call at 10:30 a.m. EDT on the same day to discuss its first quarter 2022 results. A link to the live audio webcast will be available on Altisource’s website in the Investor Relations section. Those who want to listen to the call should go to the website at least fifteen minutes prior to the call to register, download and install any necessary audio software. A replay of the conference call will be available via the website approximately two hours after the conclusion of the call and will remain...

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Osisko Development Closes Final Tranche of Non-brokered Private Placement of Subscription Receipts

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES MONTRÉAL, April 21, 2022 (GLOBE NEWSWIRE) — Osisko Development Corp. (“Osisko Development” or the “Company“) (TSXV: ODV) is pleased to announce the successful closing of the final tranche of its previously-announced non-brokered private placement, pursuant to which an additional 512,980 subscription receipts of the Company (the “Subscription Receipts“) were issued at a price of US$3.50 per Subscription Receipt, for additional gross proceeds of approximately US$1.795 million. The final tranche of the private placement was for the purpose of accommodating subscribers with pending subscriptions at the time of the closing of the initial tranches. The total size of the non-brokered private placement offering...

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Report On Financial Results for the Year Ended December 31, 2021

TORONTO, April 21, 2022 (GLOBE NEWSWIRE) — Mitchell Cohen, Chief Executive Officer and President of Urbanfund Corp. (TSX-V: UFC) (“Urbanfund” or the “Company”), confirmed today that the Company has filed its financial statements for the year ended December 31, 2021 (the “Consolidated Financial Statements”) and corresponding Management’s Discussion and Analysis (“MD&A”). BUSINESS OVERVIEW AND STRATEGY Business Overview Urbanfund Corp. is an incorporated entity listed on the TSX Venture Exchange (“TSX-V”) under the symbol UFC. The Company is a reporting issuer in Alberta, British Columbia and Ontario. Urbanfund’s focus is to invest in Canadian real estate and real estate related projects with a focus on a mix of both residential and commercial properties. The Company’s assets are located in Toronto, Brampton, Belleville, Kitchener...

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Ashland expands support of The Nature Conservancy, funds STEM youth engagement Nature Lab and increases support for Plant a Billion Trees program

tnc_22030456_preview_cropped (003) Nature Lab exemplifies Ashland’s Responsible Solvers™ social philanthropic focus on science, technology, engineering and math (STEM).TNC19008_190528_0830 (003) Ashland is continuing its support of The Nature Conservancy’s Plant a Billion Trees forest restoration effort. Ashland’s donation ensures approximately 10,000 trees are planted in key regions where the company operates and there is need for reforestation and sustainable farming education. This includes Brazil, China, Mexico, and the United States.Wilmington, Del., April 21, 2022 (GLOBE NEWSWIRE) — In recognition of Earth Day, Ashland Global Holdings Inc. (NYSE: ASH) today announced the company’s increased support of The Nature Conservancy (TNC) and will donate $25,000 dollars towards TNC’s STEM youth engagement Nature Lab,...

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Adams Natural Resources Fund Declares Distribution and Announces First Quarter Performance

BALTIMORE, April 21, 2022 (GLOBE NEWSWIRE) — The Board of Directors of Adams Natural Resources Fund, Inc. (NYSE: PEO) today declared a distribution of $.10 per share from net investment income, payable June 1, 2022, to shareholders of record May 18, 2022. This distribution represents the second payment this year toward the Fund’s annual 6% minimum distribution rate commitment, which can be found at adamsfunds.com. FIRST QUARTER PERFORMANCE For the three months ended March 31st, the total return on Adams Natural Resources’ net asset value, with dividends and capital gains reinvested, was 27.7%. This compares to a total return of 28.3% for the Fund’s benchmark, which is comprised of the S&P 500 Energy Sector (74% weight) and the S&P 500 Materials Sector (26% weight), over the same period. Effective January 1, 2022, the...

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Adams Diversified Equity Fund Declares Distribution and Announces First Quarter Performance

BALTIMORE, April 21, 2022 (GLOBE NEWSWIRE) — The Board of Directors of Adams Diversified Equity Fund, Inc. (NYSE: ADX) today declared a distribution of $.05 per share from net investment income, payable June 1, 2022, to shareholders of record May 18, 2022. This distribution represents the second payment this year toward the Fund’s annual 6% minimum distribution rate commitment, which can be found at adamsfunds.com. FIRST QUARTER PERFORMANCE For the three months ended March 31st, the total return on Adams Diversified Equity’s net asset value, with dividends and capital gains reinvested, was -4.2%. Comparable figures for the S&P 500 and the Morningstar U.S. Large Blend category were -4.6% and -5.0%, respectively. The total return on the market price of the Fund’s shares for the period was -4.7%. For the twelve months ended March...

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CooperCompanies and Cook® Medical Receive Second Requests from FTC under HSR Act

SAN RAMON, Calif., April 21, 2022 (GLOBE NEWSWIRE) — CooperCompanies (NYSE: COO) today announced that Cooper and Cook Medical have each received a request for additional information (“second request”) from the U.S. Federal Trade Commission (FTC) in connection with Cooper’s pending acquisition of Cook Medical’s Reproductive Health business. The second request was issued under notification requirements of the Hart-Scott-Rodino (HSR) Act and is a common part of the regulatory process in connection with the FTC’s review. The effect of the second request is to extend the waiting period until Cooper and Cook Medical have substantially complied with the FTC request, unless that period is extended voluntarily by the parties or terminated sooner by the FTC. Cooper and Cook Medical are cooperating fully with the FTC staff and expect the...

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Green Plains Partners Increases Quarterly Distribution

OMAHA, Neb., April 21, 2022 (GLOBE NEWSWIRE) — Green Plains Partners LP (NASDAQ:GPP) today announced that the Board of Directors of its general partner declared a quarterly cash distribution of $0.445 per unit on all of its outstanding common units, or $1.78 per unit on an annualized basis, for the first quarter of 2022. The increase over the previous quarterly distribution of $0.44 per unit is the third consecutive increase. The distribution is payable on May 13, 2022, to unitholders of record at the close of business on May 6, 2022. This release serves as a qualified notice to nominees under Treasury Regulation Section 1.1446-4(b). Please note that 100% of Green Plains Partners’ distributions to foreign investors are attributable to income that is effectively connected with a U.S. trade or business. Accordingly, all of the partnership’s...

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South Plains Financial, Inc. Declares Quarterly Cash Dividend

LUBBOCK, Texas, April 21, 2022 (GLOBE NEWSWIRE) — South Plains Financial, Inc. (NASDAQ:SPFI) (“South Plains”), the parent company of City Bank, today announced that its Board of Directors has declared a quarterly cash dividend of $0.11 per share of common stock. The dividend is payable on May 16, 2022 to shareholders of record as of the close of business on May 2, 2022. About South Plains Financial, Inc. South Plains is the bank holding company for City Bank, a Texas state-chartered bank headquartered in Lubbock, Texas. City Bank is one of the largest independent banks in West Texas and has additional banking operations in the Dallas, El Paso, Greater Houston, the Permian Basin, and College Station, Texas markets, and the Ruidoso, New Mexico market. South Plains provides a wide range of commercial and consumer financial services...

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Penns Woods Bancorp, Inc. Reports First Quarter 2022 Earnings

WILLIAMSPORT, Pa., April 21, 2022 (GLOBE NEWSWIRE) — Penns Woods Bancorp, Inc. (NASDAQ: PWOD) Penns Woods Bancorp, Inc. achieved net income of $3.4 million for the three months ended March 31, 2022, resulting in basic and diluted earnings per share of $0.49. HighlightsNet income, as reported under GAAP, for the three months ended March 31, 2022 was $3.4 million compared to $3.4 million for the same period of 2021. Results for the three months ended March 31, 2022 compared to 2021 were impacted by an increase in after-tax securities losses of $142,000 (from a gain of $94,000 to a loss of $48,000) for the three month period. In addition, an after-tax loss of $201,000 related to a branch closure negatively impacted the three months ended March 31, 2022.The provision for loan losses decreased $365,000 for the three months ended...

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