Day: September 22, 2022

Aura Announces Closing of the Big River Acquisition

Written by Customer Service on September 22, 2022. Posted in Mergers And Acquisitions.

ROAD TOWN, British Virgin Islands, Sept. 22, 2022 (GLOBE NEWSWIRE) — Aura Minerals Inc. (TSX:ORA, B3:AURA33) (“Aura” or the “Company”) is pleased to announce that is has closed the previously announced acquisition of Big River Gold Limited (see April 19, 2022, September 2, 2022 and September 8, 2022 press releases for more details). Moving forward, the Borborema Gold Project (“Borborema Project”), located in Brazil, being Big River’s sole asset, will be held pursuant to a joint venture among Aura and Dundee Resources Limited (“Dundee”) with Aura holding an 80% interest and Dundee holding the remaining 20% interest. About Aura 360° Mining Aura is focused on mining in complete terms – thinking holistically about how its business impacts and benefits every one of our stakeholders: our company, our shareholders, our employees, and...

Avenue Therapeutics Announces Reverse Stock Split and Provides Regulatory Update for IV Tramadol Including Receipt of Type A Meeting Minutes from the FDA

Written by Customer Service on September 22, 2022. Posted in Public Companies.

NEW YORK, Sept. 22, 2022 (GLOBE NEWSWIRE) — Avenue Therapeutics, Inc. (Nasdaq: ATXI) (“Avenue” or the “Company”), a specialty pharmaceutical company focused on the development and commercialization of therapies for the treatment of central nervous system diseases, today announced that it will effect a 1-for-15 reverse split of its common stock, which will be effective for trading purposes on the Nasdaq Capital Market as of the commencement of trading on September 23, 2022, and also provided a regulatory update related to its intravenous (“IV”) Tramadol product candidate. Reverse Stock Split The reverse stock split was approved on July 25, 2022 by stockholders representing approximately 73% of the voting power of the outstanding voting stock of the Company, with authorization to determine the final ratio having been granted to...

Lenders Funding Announces Retirement of Chief Operating Officer and Chief Credit Officer, Harvey Friedman and Appointment of John Benkovich

Written by Customer Service on September 22, 2022. Posted in Public Companies.

After driving the organization’s operations and dramatically contributing to its growth and profitability as a unique specialty finance company for over 18 years, Harvey will now serve as Vice Chairman Emeritus while he focuses on family and life pursuits. SAN DIEGO, Sept. 22, 2022 (GLOBE NEWSWIRE) — Lenders Funding, LLC, a Great Elm Capital Corp. specialty finance company, (“we,” “us,” “our,” the “Company” or “LF”) announced today that Chief Operating Officer and Chief Credit Officer, Harvey Friedman, will be retiring after leading its credit operations and overall administration for 18 years. In retirement, Mr. Friedman will assume the role of Vice Chairman Emeritus. Mr. Friedman has served the factoring and asset-based lending industry for over 45 years. Prior to joining LF, Mr. Friedman was the Executive Vice President and...

Tritium Reports Full Fiscal Year 2022 Financial Results with Record Sales Orders, Revenue, and Backlog; Company Details Successful Tennessee Factory Launch and Capital Raise

Written by Customer Service on September 22, 2022. Posted in Earnings Releases And Operating Results.

Tritium Charging Tritium ChargingAchieved record fiscal year sales orders of $203 million, an increase year-over-year of 232%, and ended the June 30, 2022 fiscal year with a record backlog of $149 million1 as customer demand grew strongly across all of the Company’s geographies Reported record revenue of $86 million for fiscal year ended June 30, 2022, representing a 53% increase year-over-year Started production at the Company’s new 120,000 square foot Tennessee factory in July 2022, a critical milestone towards supporting future growth Announced a $150 million three-year lending facility with the support of longstanding lending partners and a $75 million committed equity facilityBRISBANE, Australia, Sept. 22, 2022 (GLOBE NEWSWIRE) — Tritium DCFC Limited (Nasdaq: DCFC) (“Tritium” or the “Company”), a global developer and...

Costco Wholesale Corporation Reports Fourth Quarter And Fiscal Year 2022 Operating Results

Written by Customer Service on September 22, 2022. Posted in Earnings Releases And Operating Results.

ISSAQUAH, Wash., Sept. 22, 2022 (GLOBE NEWSWIRE) — Costco Wholesale Corporation (“Costco” or the “Company”) (Nasdaq: COST) today announced its operating results for the 16-week fourth quarter and the 52-week fiscal year, ended August 28, 2022. Net sales for the quarter increased 15.2 percent, to $70.76 billion, from $61.44 billion last year. Net sales for the fiscal year increased 16.0 percent, to $222.73 billion, from $192.05 billion last year. Comparable sales for the fourth quarter and the fiscal year were as follows: 16 Weeks 16 Weeks 52 Weeks 52 Weeks Adjusted* Adjusted* U.S. 15.8% 9.6% 15.8% 10.4% Canada 13.4% 13.7% 15.2% 12.1% Other International 2.9% 11.3% 6.6% 10.2% Total Company 13.7% 10.4% 14.4% 10.6% E-commerce 7.1% 8.4% 10.1% 10.4% *Excluding...

Dynagas LNG Partners LP Reports Results for the Three and Six Months Ended June 30, 2022

Written by Customer Service on September 22, 2022. Posted in Earnings Releases And Operating Results.

ATHENS, Greece, Sept. 22, 2022 (GLOBE NEWSWIRE) — Dynagas LNG Partners LP (NYSE: “DLNG”) (“Dynagas Partners” or the “Partnership”), an owner and operator of liquefied natural gas (“LNG”) carriers, today announced its results for the three and six months ended June 30, 2022. Quarter Highlights:Net income and earnings per common unit (basic and diluted) of $11.1 million and $0.22, respectively; Adjusted Net Income(1) of $9.1 million and Adjusted Earnings(1) per common unit (basic and diluted) of $0.17; Adjusted EBITDA(1) $22.9 million; 100% fleet utilization(2); Declared and paid cash distribution of $0.5625 per unit on its Series A Preferred Units (NYSE: “DLNG PR A”) for the period from February 12, 2022 to May 11, 2022 and $0.546875 per unit on the Series B Preferred Units (NYSE: “DLNG PR B”) for the period from February 22,...

Vinci Partners’ Impact and Return Strategy Announces Investment in Efficopar

Written by Customer Service on September 22, 2022. Posted in Mergers And Acquisitions.

RIO DE JANEIRO, Brazil, Sept. 22, 2022 (GLOBE NEWSWIRE) — Vinci Partners Investments Ltd. (NASDAQ: VINP) (“Vinci Partners”, “we”, “us” or “our”), the controlling company of a leading alternative investment platform in Brazil, announced today that “Vinci Impacto e Retorno IV”, or “VIR IV” (the “Fund”), the impact family of funds managed by Vinci Partners’ Private Equity strategy, entered into an agreement to acquire a minority stake with co-control governance in Efficopar (the “Company”), a Brazilian small-and-medium sized enterprises (“SME”) specializing in water and sanitation efficiency services. VIR IV has a unique strategy in Brazil, with a dual mandate to generate favorable market returns and an impact, through the acquisition of minority holdings in Brazilian SMEs that exhibit a potential for growth and clear and measurable...

First Fed Announces Workforce Reduction

Written by Customer Service on September 22, 2022. Posted in Public Companies.

PORT ANGELES, Wash., Sept. 22, 2022 (GLOBE NEWSWIRE) — First Fed Bank, subsidiary of First Northwest Bancorp (FNWB), today announced it has reduced its workforce by approximately 5% through position elimination and attrition. The bank is implementing organizational restructuring to optimize operating expenses and align resources to market conditions and opportunities. The workforce reduction is the result of a comprehensive review of existing positions at the bank to assess whether certain roles and responsibilities were necessary or could be absorbed by other employees or automation. Through this process it was determined that it is in the best interest of the bank to eliminate certain positions and to decline to replace other positions following the departure of certain employees. Severance packages include an additional month...

Atlas Salt and Triple Point Announce Closing of Triple Point Spin-Out

Written by Customer Service on September 22, 2022. Posted in Public Companies.

ST. JOHN’S, Newfoundland and Labrador, Sept. 22, 2022 (GLOBE NEWSWIRE) — Atlas Salt Inc. (TSXV: SALT) (OTCQB: REMRF) (“Atlas Salt”) and Triple Point Resources Ltd. (“Triple Point”) are pleased to announce that the previously announced spin-out of Triple Point through a Plan of Arrangement under the Business Corporations Act (British Columbia) (the “Arrangement”) has been completed. The Arrangement was effective at 12:01 a.m. (Vancouver time) on September 22, 2022 (the “Record Date”). Pursuant to the Arrangement, Atlas Salt transferred ownership of the Fischell’s Brook Salt Dome and other mineral licenses prospective for salt domes to Triple Point in exchange for 20,000,000 common shares of Triple Point. Atlas Salt also purchased an additional 17,700,000 common shares of Triple Point for cash proceeds of $354,000, and received a...

Ninepoint Partners Announces September 2022 Cash Distributions for ETF Series Securities

Written by Customer Service on September 22, 2022. Posted in Dividend Reports And Estimates.

TORONTO, Sept. 22, 2022 (GLOBE NEWSWIRE) — Ninepoint Partners LP (“Ninepoint Partners”) today announced the September 2022 cash distributions for its ETF Series securities. The record date for the distributions is September 29, 2022 for Ninepoint High Interest Savings Fund and October 3, 2022 for Ninepoint Diversified Bond Fund, Ninepoint Alternative Credit Opportunities Fund, Ninepoint Energy Income Fund and Ninepoint Target Income Fund. All distributions are payable on October 11, 2022. The per-unit September distributions are detailed below:Ninepoint ETF Series Ticker Distribution per unit Notional Distribution per unit CUSIPNinepoint Diversified Bond Fund NBND $0.09405 $0.00000 65443H100Ninepoint High Interest Savings Fund NSAV $0.12856 $0.00000 65443X105Ninepoint Alternative Credit Opportunities Fund NACO $0.13469 $0.00000 65443Q100Ninepoint...

Day: September 22, 2022

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