Month: July 2022

Maxim Power Corp. to receive $20 million Grant Funding for Waste Heat Recovery on Milner 2 CCGT Expansion Project

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

NCIB Program and Senior Credit Facility Updated CALGARY, Alberta, July 14, 2022 (GLOBE NEWSWIRE) — Maxim Power Corp. (“MAXIM” or the “Corporation”) (TSX: MXG), through a wholly-owned subsidiary, to receive $20 million grant funding (the “Grant”) for waste heat recovery on the Milner 2 (“M2”) Combined Cycle Gas Turbine (“CCGT”) expansion project, and provides updates on its normal course issuer bid (“NCIB”) program and senior credit facility. $20 MILLION GRANT FUNDING On July 14, 2022, the Corporation, through a wholly-owned subsidiary, has entered into an agreement to receive grant funding in the amount of $20 million. The Corporation’s CCGT expansion of M2 (the “Project”) captures waste heat that would otherwise exhaust into the atmosphere and will turn it into useful low carbon electricity for the Alberta...

Redomiciliation to Singapore approved by Verde’s shareholders

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

BELO HORIZONTE, Brazil, July 14, 2022 (GLOBE NEWSWIRE) — Verde AgriTech Plc (TSX: “NPK”) (OTCQB: “AMHPF”) (the “Company” or “Old Verde”) is pleased to announce the results of the Special Court Meeting (“Court Meeting”) and a General Meeting of Shareholders (“General Meeting”) held on Thursday, July 14, 2022, in London, United Kingdom, where its shareholders approved all items in both meetings. The scheme of arrangement proposed in the circular the Company filed on SEDAR on June 14, 2022, (the “Circular” or “Scheme Document”)1 (the “Scheme” or “Scheme of Arrangement”) was approved and the directors of the Company were authorized to take all such actions as they consider necessary or appropriate for carrying the Scheme into effect. The matters related to the proposed Scheme of arrangement were also approved. The voting results in...

Aton Announces Bridge Loan and Loan Extensions

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

VANCOUVER, British Columbia, July 14, 2022 (GLOBE NEWSWIRE) — Aton Resources Inc. (AAN: TSX-V) (“Aton” or the “Corporation“) announces that it has entered into an additional bridge loan (the “Loan“) with OU Moonrider (“Moonrider“), a significant shareholder of the Corporation. Moonrider has also agreed to extend the maturity date of various loans which it has made in the past to the Corporation to June 30, 2023. The Loan The Corporation has borrowed C$1,000,000 from Moonrider, which Loan is repayable on the earlier of 12 months from closing, on the occurrence of various standard events of default, or on the closing of any debt or equity financing by the Corporation in an amount in excess of C$5.0 million. The Loan will bear interest at a rate of 12% per annum, payable when the Loan...

Element Fleet Management Updates Timing of Q2 2022 Results Conference Call

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

Revised Call Date: August 10, 2022Revised Call Time: 7:00 p.m. (Eastern Time) TORONTO, July 14, 2022 (GLOBE NEWSWIRE) — Element Fleet Management Corp. (TSX: EFN) (“Element” or the “Company”), the largest pure-play automotive fleet manager in the world, will hold its Q2 2022 results conference call and webcast for investors and analysts on Wednesday, August 10, 2022 at 7:00 p.m. Eastern Time. Element’s financial and operating results for the period will be issued after market close on Wednesday, August 10, 2022 and will be available on the Company’s website at elementfleet.com/investor-relations/public-disclosures.The conference call and webcast can be accessed as follows: Webcast: https://services.choruscall.ca/links/elementfleet2022Q2.html Telephone: Click here to join the call most efficiently, or dial one...

Martin Marietta Announces Second-Quarter 2022 Earnings Conference Call

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

RALEIGH, N.C., July 14, 2022 (GLOBE NEWSWIRE) — Martin Marietta Materials, Inc. (NYSE:MLM) (“Martin Marietta” or the “Company”) will host its second-quarter 2022 earnings conference call on Thursday, July 28, 2022 at 11:00 a.m. Eastern Time. The Company will release results for the quarter ended June 30, 2022, that morning before the market opens. A live, listen-only webcast and supplemental information will be accessible on the Investors section of the Company’s website at www.martinmarietta.com. The conference call may also be accessed by registering here: https://register.vevent.com/register/BI300eee080db640a88ab0a64b6ef0d62f. Please register at least 15 minutes in advance to ensure a timely connection to the call. An on-demand replay will be available on the Company’s website approximately two hours following the conclusion...

Lauren Brust Moss Named Senior Vice President – Chief Sustainability Officer

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

Lauren Brust Moss Senior Vice President – Chief Sustainability OfficerNEW YORK, July 14, 2022 (GLOBE NEWSWIRE) — Vornado Realty Trust (NYSE:VNO) announced today the appointment of Lauren Brust Moss as the Company’s Senior Vice President – Chief Sustainability Officer. Ms. Moss has more than 20 years of experience managing sustainability, energy and capital improvements for large-scale buildings and portfolios, and is recognized as an industry thought leader and advocate on green policy, regulation and compliance. Prior to joining Vornado, Ms. Moss was Senior Vice President at Adai, the administrator of the Fitwel certification program, and previously worked in the sustainability practices at engineering firms NORESCO and Steven Winter Associates. Ms. Moss is a member of the Board of NESEA (Northeast Sustainable Energy...

Methanex Corporation Announces a 20% Dividend Increase

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

VANCOUVER, British Columbia, July 14, 2022 (GLOBE NEWSWIRE) — Methanex Corporation (the “Company” or “Methanex”) (TSX:MX) (NASDAQ:MEOH) announced today that its Board of Directors has approved a 20% increase in its quarterly dividend to US$0.175 per share from US$0.145 per share. The increased dividend will apply to the dividend payable on September 30, 2022, to holders of common shares of record on September 16, 2022. John Floren, President & CEO of Methanex, said, “The 20% dividend increase reinforces our commitment to return cash to shareholders and highlights the strong cash flow generation capability of our assets.” Methanex is a Vancouver-based, publicly traded company and is the world’s largest producer and supplier of methanol to major international markets. Methanex shares are listed for trading on the Toronto...

Targa Resources Corp. Announces Quarterly Dividend and Timing of Second Quarter 2022 Earnings Webcast

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

HOUSTON, July 14, 2022 (GLOBE NEWSWIRE) — Targa Resources Corp. (NYSE: TRGP) (“Targa” or the “Company”) announced its quarterly dividend on common shares with respect to the second quarter of 2022. Targa announced today that its board of directors has declared a quarterly cash dividend of $0.35 per common share, or $1.40 per common share on an annualized basis, for the second quarter of 2022. This cash dividend will be paid August 15, 2022 on all outstanding common shares to holders of record as of the close of business on July 29, 2022. The Company will report its second quarter 2022 financial results before the market opens for trading on Thursday, August 4, 2022 and will host a live webcast over the internet at 11:00 a.m. Eastern Time (10:00 a.m. Central Time) to discuss its 2022 second quarter financial...

Q.E.P. Co., Inc. Reports Fiscal 2023 First Quarter Financial Results

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

Quarterly Net Sales of $117.1 millionQuarterly Net Income of $1.0 million BOCA RATON, Fla., July 14, 2022 (GLOBE NEWSWIRE) — Q.E.P. CO., INC. (OTC: QEPC.PK) (the “Company” or “QEP”) today reported its consolidated results of operations for the first quarter of fiscal year 2023, which ended on May 31, 2022. Q.E.P. reported net sales of $117.1 million for the quarter ended May 31, 2022, an increase of $2.7 million or 2.3% compared to $114.4 million in the first quarter of fiscal 2022. The increase in net sales was primarily due to year-over-year price increases that were implemented to mitigate the impact of inflationary pressures. These price increases were partially offset by lower sales volume and the currency translation impact of the strong U.S. Dollar in the current period. As a percentage of net sales, gross margin was 26.4%...

White River Bancshares Co. Earns $1.79 Million, or $1.79 Per Diluted Share, in Second Quarter 2022; Second Quarter Results Highlighted By Strong Loan Growth and Net Interest Margin Expansion

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

FAYETTEVILLE, Ark., July 14, 2022 (GLOBE NEWSWIRE) — White River Bancshares Company (OTCQX: WRIV), (the “Company”) the holding company for Signature Bank of Arkansas (the “Bank”), today reported net income of $1.79 million, or $1.79 per dilute share, in the second quarter of 2022, compared to $2.08 million, or $2.14 per diluted share, in the second quarter of 2021. In the immediate prior quarter, the Company earned $1.07 million, or $1.08 per diluted share. In the first six months of 2022, net income was $2.9 million, or $2.88 per diluted share, compared to $3.6 million, or $3.75 per diluted share, in the first six months of 2021. All financial results are unaudited. “Our results for the second quarter of 2022 were highlighted by an increase in net interest income generation and net interest margin expansion,” said Gary Head, President...

Month: July 2022

Disclaimer & Cookie Notice

Welcome to GOLDEA services for Professionals