Day: July 16, 2022
TORONTO, July 15, 2022 (GLOBE NEWSWIRE) — Xanadu Mines Ltd (ASX: XAM, TSX: XAM) (Xanadu or the Company) announces the results of its annual general meeting of shareholders (the “Meeting“) of the Company held May 17, 2022. All matters presented for approval at the Meeting by management of the Company were duly authorized and approved, including:
(i)
Re-election of Mr Michele Muscillo as director;
(ii)
Remuneration Report;
(iii)
Ratification of prior issuance of shares on March 1, 2022; and
(iv)
Grant of options to Mr Colin Moorhead.
Further details on the matters voted upon at the Meeting can be found in the Company’s Meeting materials, including the management information circular dated April 20, 2022, which are accessible under the Company’s SEDAR profile...
CPS Announces Renewal and Doubling of Credit Facility
Written by Customer Service on . Posted in Public Companies.
LAS VEGAS, Nevada, July 15, 2022 (GLOBE NEWSWIRE) — Consumer Portfolio Services, Inc. (Nasdaq: CPSS) (“CPS” or the “Company”) today announced that it renewed its two-year revolving credit agreement with Citibank, N.A., and doubled the capacity from $100 million to $200 million.
Loans under the renewed credit agreement will be secured by automobile receivables that CPS now holds, will originate directly, or will purchase from dealers in the future. CPS may borrow on a revolving basis through July 15, 2024, after which CPS will have the option to repay the outstanding loans in full or to allow them to amortize for a one-year period.
About Consumer Portfolio Services, Inc.
Consumer Portfolio Services, Inc. is an independent specialty finance company that provides indirect automobile financing to individuals with past credit problems,...