Day: August 15, 2022

4 in 10 saw wage gains, one-third of those say raises won’t cover increased rent MCLEAN, Va., Aug. 15, 2022 (GLOBE NEWSWIRE) — Nearly 60% of renters say their rents increased in the past 12 months, with a ratio of nearly 1 in 3 seeing rent increases of 10% or more, according to a newly released Freddie Mac survey. Just 38% of renters saw their wages increase, and a third say their raise won’t cover their increased rent. Nearly 1 in 5 who experienced a rent increase say they are now extremely likely to miss a payment. “The surge in rents that took place over the last 12 months has created even greater housing uncertainty for the most vulnerable renters,” said Kevin Palmer, head of Freddie Mac Multifamily. “Our survey shows that the national housing affordability crisis is worsening, and that inflation is a key driver. Freddie Mac...

VANCOUVER, British Columbia, Aug. 15, 2022 (GLOBE NEWSWIRE) — Permex Petroleum Corporation (CSE: OIL) (OTCQB: OILCF) (FSE: 75P) (“Permex” or the “Company”) is issuing this news release at the request of IIROC to clarify the Company’s news release dated August 8, 2022 wherein the Company announced that Nobel Capital Markets had initiated equity research coverage on the Company (the “Report”), sponsored by the Company. The Company wishes to clarify that the Company has agreed to pay Nobel Capital Markets US$50,000 per annum, paid on a quarterly basis. The Company made the first payment of US$12,500 in June 2022. The compensation does not include any options to purchase securities of the Company. Prior to making any investment decision, readers should conduct their own due diligence and seek advice from their advisor or an investment...

TAIPEI CITY, Taiwan, Aug. 15, 2022 (GLOBE NEWSWIRE) —  Nocera, Inc. (NASDAQ: NCRA) (“Nocera” or “the Company”), a fully integrated sustainable seafood company with a focus on manufacturing and operating land-based Recirculatory Aquaculture Systems (RAS), today announced the closing of its underwritten public offering of 1,880,000 units, each unit consisted of one share of common stock (the “Common Stock”) and one warrant (the “Warrant”) to purchase two shares of Common Stock, at a public offering price of $3.50 per unit, for aggregate gross proceeds of $6.58 million, prior to deducting underwriting discounts, commissions, and other estimated offering expenses. The Common Stock and Warrants comprising the units were immediately separable and were issued separately. Each Warrant permits the holder to purchase two shares of common...

The net asset value (NAV) of Baltic Horizon Fund (the Fund) unit at end of July 2022 amounted to EUR 1.1130 per unit. Compared to the previous month, NAV per unit decreased by -0.76%. The total net asset value of the Fund decreased to EUR 133.2 million over the month. The NAV decrease was mainly affected by declared distribution to unitholders of EUR 1.6 million. Eliminating declared dividend distribution, the NAV increase from operating performance during the month would have been +0.40% compared to the previous month. The EPRA NRV as of 31 July 2022 was EUR 1.1955 per unit, corresponding to a decrease of -0.51% over the last month. Unaudited consolidated net rental income for July 2022 slightly decreased to EUR 1.4 million compared to last month (EUR 1.5 million in June 2022). In July 2022, the Fund’s recognized increase in rental...

The net asset value (NAV) of Baltic Horizon Fund (the Fund) unit at end of July 2022 amounted to EUR 1.1130 per unit. Compared to the previous month, NAV per unit decreased by -0.76%. The total net asset value of the Fund decreased to EUR 133.2 million over the month. The NAV decrease was mainly affected by declared distribution to unitholders of EUR 1.6 million. Eliminating declared dividend distribution, the NAV increase from operating performance during the month would have been +0.40% compared to the previous month. The EPRA NRV as of 31 July 2022 was EUR 1.1955 per unit, corresponding to a decrease of -0.51% over the last month. Unaudited consolidated net rental income for July 2022 slightly decreased to EUR 1.4 million compared to last month (EUR 1.5 million in June 2022). In July 2022, the Fund’s recognized increase in rental...

New York, NY, Aug. 15, 2022 (GLOBE NEWSWIRE) — iQSTEL, Inc. (OTCQX: IQST) today announced filing its Q2 financial report. The company realized a 47% increase in revenue to $23.70 million in Q2 compared to the same period in 2021.  The company is approaching breakeven, posting a substantial bottom line improvement, reducing its net loss by 75% compared to the same period last year. Stockholder’s equity increased 162% to $9.04 million compared to Q2 2021 surpassing the Nasdaq minimum listing requirement.Summary Financials Q2 2021 vs Q2 2022Statements of  Operations Q2 2021 Q2 2022 Variation DirectionRevenues  (Million US$) 16.13 23.70 47% IncreaseGross Profit (Revenue %) 0.28% 3.57% 1192% IncreaseGross Profit (US$) 44,565 846,274 1799% IncreaseOperating Loss (US$) -1,164,602...