Day: May 27, 2022

Fireweed Closes Previously Announced Offering for Total Proceeds of C$13.1M

Written by Customer Service on May 27, 2022. Posted in Public Companies.

NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES VANCOUVER, British Columbia, May 27, 2022 (GLOBE NEWSWIRE) — FIREWEED ZINC LTD. (“Fireweed” or the “Company”) (TSXV: FWZ; OTCQB: FWEDF; FSE: 20F) is pleased to announce closing of the second and final tranche of the non-brokered private placement (the “Offering”) first announced March 17, 2022. The second tranche consisted of 2,885,715 Common Shares at a price of CAD$0.70 per share and 100,000 flow-through common shares at a price of CAD$0.99 per share for gross proceeds of $2,119,000. In total the financing comprised two tranches totaling 8,472,159 Common Shares at a price of CAD$0.70 per share and 7,300,000 Flow-Through Shares at a price of CAD$0.99 per share for total gross proceeds of CAD$13,157,511. Highlights$13.1 million...

UTime Limited Announces Appointment of Weiyuan Wang to Board of Directors

Written by Customer Service on May 27, 2022. Posted in Public Companies.

SHENZHEN, CHINA, May 27, 2022 (GLOBE NEWSWIRE) — UTime Limited (NASDAQ: UTME) (“UTime”), a mobile device manufacturing company focused on China and other emerging markets, today announced that the company’s Board of Directors has appointed Weiyuan Wang to the Board. Mr. Wang will serve as an independent Board member and will also serve as the Chairman of the Nominating and Corporate Governance Committee and the member of the Audit Committee and the Compensation Committee of the Board of Directors. Mr. Wang joins the UTime Board of Directors following the voluntary resignation of Lawrence Eckles from the Board of Directors for personal reasons. About UTime Limited UTime Limited operates as a mobile device manufacturing company committed to providing cost effective products and solutions to consumers globally and helping low-income...

Nuvei Corporation Announces Annual and Special Meeting Results

Written by Customer Service on May 27, 2022. Posted in Public Companies.

MONTREAL, May 27, 2022 (GLOBE NEWSWIRE) — Nuvei Corporation (the “Corporation”) (Nasdaq: NVEI) (TSX: NVEI), tomorrow’s payment platform, today announced the results of its annual and special meeting of shareholders held on May 27, 2022. 1. Election of Directors The six (6) nominees for directors proposed by management of the Corporation were elected by a majority of the votes cast by the shareholders present or represented by proxy at the meeting. The votes cast for each nominee were as follows:Nominees Percentage of Votes For Percentage of Votes WithheldPhilip Fayer 99.52% 0.48%Michael Hanley 97.80% 2.20%David Lewin 96.64% 3.36%Daniela Mielke 97.87% 2.13%Pascal Tremblay 97.41% 2.59%Samir Zabaneh 99.99% 0.01%2. Appointment of Auditors PricewaterhouseCoopers LLP, chartered accountants, were appointed...

AGF Announces Closure and Liquidation of AGFiQ Hedged Dividend Income Fund

Written by Customer Service on May 27, 2022. Posted in Public Companies.

BOSTON, May 27, 2022 (GLOBE NEWSWIRE) — AGF Investments LLC (TSX:AGF.B) announced today the closure and liquidation of AGFiQ Hedged Dividend Income Fund (DIVA) on or about June 28, 2022. The decision to close and liquidate was driven by the firm’s continued effort to simplify and streamline their offerings; as well as the small number of investors, relatively low assets and the costs associated with maintaining the ETFs. The last day of trading on NYSE Arca, Inc. (“NYSE Arca”) for the Fund is expected to be June 13, 2022. Effective upon the close of business on June 13, 2022, the Fund will no longer accept orders for the purchase of Creation Units. Beginning today, the Fund may not pursue investment objective or engage in normal business activities, except for the purposes of winding up business and affairs, preserving the value...

IHT FISCAL YEAR REVENUE, PROFIT, AND EQUITY SHARPLY REBOUND; CLEAN ENERGY INNOVATION NEAR

Written by Customer Service on May 27, 2022. Posted in Public Companies.

Phoenix, AZ, May 27, 2022 (GLOBE NEWSWIRE) — InnSuites Hospitality Trust (NYSE American: IHT) reported a strong annual rebound with revenues ballooning by a 53% increase to $6.410 million for the most recent Fiscal Year 2022 (February 1, 2021, to January 31, 2022), which is up from the $4.203 million reported in the prior Fiscal Year. Total Consolidated Fiscal Year Net Income increased to a profit of $1,539,735, an improvement of approximately $4.4 million from the prior Fiscal Year loss of $2,827,840. Earnings Per Share based on this Consolidated Net Income amount were $0.03, up $0.34 from prior year loss of ($0.31), and also far exceeding their pre-Covid counterpart of Fiscal Year 2020. Total Trust Equity increased to $4,132,041 at the end of Fiscal Year 2022, up more than $1.6 million, from the $2,509,572 reported at the end...

NVIDIA Recommends Stockholders Reject ‘Mini-Tender’ Offer by Tutanota LLC

Written by Customer Service on May 27, 2022. Posted in Public Companies.

SANTA CLARA, Calif., May 27, 2022 (GLOBE NEWSWIRE) — NVIDIA today announced that it recently became aware of an unsolicited “mini-tender” offer by Tutanota LLC to purchase up to 215,000 shares of NVIDIA common stock, representing significantly less than 1% of NVIDIA’s outstanding common stock. The offer price of $210 per share is conditioned on, among other things, the closing price per share of NVIDIA’s common stock exceeding $210 per share on the last trading day before the offer expires. This means that unless Tutanota waives this condition, NVIDIA stockholders who tender their shares in the offer will receive a below-market price. NVIDIA cautions stockholders that Tutanota has stated it expects to extend the offer for successive periods of 45 to 180 days, in which case payment would be delayed beyond the scheduled expiration...

Central 1 reports 2022 first quarter financial results

Written by Customer Service on May 27, 2022. Posted in Earnings Releases And Operating Results.

VANCOUVER, British Columbia, May 27, 2022 (GLOBE NEWSWIRE) — Central 1 Credit Union (‘Central 1’ or ‘the organization’) reported a loss of $35.4 million for the first quarter (Q1) ended March 31, 2022. Central 1’s reported results are reflective of the impact of widening credit spreads on the mark to market valuation of its Treasury securities portfolio as compared to its deposit funding. Total unrealized losses of $53.2 million overshadow strong earnings in other business lines and continued positive interest margin within the Treasury securities portfolio. “We continue to experience consistent performance and growth across many of our business lines and many fee-based businesses across the organization are exceeding 2022 forecasted earnings,” said Sheila Vokey, Central 1’s President and CEO. “Despite unrealized losses due to...

Malaga Financial Corporation Announces 72nd Consecutive Quarterly Cash Dividend

Written by Customer Service on May 27, 2022. Posted in Dividend Reports And Estimates.

PALOS VERDES ESTATES, Calif., May 27, 2022 (GLOBE NEWSWIRE) — Malaga Financial Corporation (OTCPink:MLGF) announced today the declaration of a cash dividend in the amount of 25 cents per share to shareholders of record on June 17, 2022. The dividend will be paid out on or about July 1, 2022. Randy C. Bowers, Chairman, President and CEO, remarked, “We are pleased to announce the 25 cent quarterly dividend which represents a 4.26% annualized yield based on our most recent closing price of $23.50. Solid earnings and our strong capital level position us to continue to reward our shareholders for their investment.” Malaga Bank, a subsidiary of Malaga Financial Corporation, is a full-service community bank headquartered on the Palos Verdes Peninsula with six offices located in the South Bay area of Los Angeles. Malaga Bank has been named...

Automotive Finco Corp. Files Condensed Interim Consolidated Financial Statements for the three months ended March 31, 2022

Written by Customer Service on May 27, 2022. Posted in Earnings Releases And Operating Results.

Not for distribution to United States newswire services or for dissemination in the United States. This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. TORONTO, May 27, 2022 (GLOBE NEWSWIRE) — Automotive Finco Corp. (NEX: AFCC-H) (the “Company”) today announced that it has filed condensed interim consolidated financial statements for the three months ended March 31, 2022. The statements together with the Management Discussion and Analysis can be found on the Company’s SEDAR profile at www.sedar.com. About Automotive Finco Corp. Automotive Finco Corp. is a finance company focused exclusively on the auto retail sector. In addition to its interest in Automotive Finance LP, the Company may also pursue other direct investments and financing opportunities...

Nokia Corporation: Repurchase of own shares on 27.05.2022

Written by Customer Service on May 27, 2022. Posted in Public Companies.

Nokia CorporationStock Exchange Release27 May 2022 at 21:00 EEST Nokia Corporation: Repurchase of own shares on 27.05.2022 Espoo, Finland – On 27 May 2022 Nokia Corporation (LEI: 549300A0JPRWG1KI7U06) has acquired its own shares (ISIN FI0009000681) as follows:Trading venue (MIC Code) Number of shares Weighted average price / share, EUR*XHEL 304,639 4.77CEUX 10,369 4.78AQEU 7,125 4.76TQEX 2,867 4.76Total 325,000 4.77* Rounded to two decimals On 3 February 2022, Nokia announced that its Board of Directors is initiating a share buyback program under the authorization granted by Nokia’s Annual General Meeting on 8 April 2021 to return up to EUR 600 million of cash to shareholders in tranches over a period of two years. The first phase of the share buyback program in compliance with the Market Abuse Regulation (EU) 596/2014...

Day: May 27, 2022

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