Day: November 9, 2022

Canoe EIT Income Fund Announces November 2022 Monthly Distribution and Quarterly Distribution on Preferred Units

Canoe EIT Income Fund Announces November 2022 Monthly Distribution and Quarterly Distribution on Preferred Units

CALGARY, Alberta, Nov. 09, 2022 (GLOBE NEWSWIRE) — Canoe EIT Income Fund (the “Fund”) (TSX – EIT.UN) announces the November 2022 monthly distribution of $0.10 per unit. Additionally, the Fund announces a quarterly distribution for preferred units. Cumulative Redeemable Series 1 and Series 2 Preferred Unit holders will receive a distribution of $0.30 per unit. The distribution will be paid on December 15, 2022 to unitholders of record on November 22, 2022. The ex-distribution date for this distribution is November 21, 2022. About Canoe EIT Income FundCanoe EIT Income Fund is one of Canada’s largest closed-end investment funds, designed to maximize monthly distributions and capital appreciation by investing in a broadly diversified portfolio of high quality securities. The Fund is listed on the TSX under the symbols EIT.UN,...

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Osisko Declares Fourth Quarter 2022 Dividend

Osisko Declares Fourth Quarter 2022 Dividend

MONTREAL, Nov. 09, 2022 (GLOBE NEWSWIRE) — Osisko Gold Royalties Ltd (the “Company” or “Osisko”) (OR: TSX & NYSE) is pleased to announce a fourth quarter 2022 dividend of C$0.055 per common share. The dividend will be paid on January 16, 2023 to shareholders of record as of the close of business on December 30, 2022. This dividend is an “eligible dividend” as defined in the Income Tax Act (Canada). For shareholders residing in the United States, the U.S. dollar equivalent will be determined based on the daily rate published by the Bank of Canada on December 30, 2022. The Company also wishes to remind its shareholders that it has implemented a dividend reinvestment plan (the “Plan”). Shareholders who are residents of Canada and the United States may elect to participate in the Plan in connection with the dividend...

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Sypris Solutions, Inc. to Announce Third Quarter Financial Results, Host Conference Call and Webcast November 16

Sypris Solutions, Inc. to Announce Third Quarter Financial Results, Host Conference Call and Webcast November 16

Louisville, Ky. , Nov. 09, 2022 (GLOBE NEWSWIRE) — Sypris Solutions, Inc. (NASDAQ/GM: SYPR) (“Sypris” or the “Company”) today announced that it will host a conference call on Wednesday, November 16, 2022, at 9:00 a.m. ET to discuss financial results and operations. To listen to the call live via telephone, participants should dial (833) 316-0560 approximately 10 minutes prior to the start of the call (ask to be joined into the Sypris Solutions, Inc. call). The live broadcast of Sypris’ quarterly conference call will also be available online at www.sypris.com on November 16, 2022, beginning at 9:00 a.m. (Eastern Time). The online replay will be available at approximately 11:00 a.m. (Eastern Time) and continue for 30 days. Related presentation materials will be posted to the “Investor Information” section of the Company’s website...

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Savanna Announces Corporate Update and Provides Update on Qualifying Transaction

Savanna Announces Corporate Update and Provides Update on Qualifying Transaction

Not for distribution to United States newswire services or for release publication, distribution or dissemination directly, or indirectly, in whole or in part, in or into the United States. TORONTO, Nov. 09, 2022 (GLOBE NEWSWIRE) — SAVANNA CAPITAL CORP. (“Savanna” or the “Company”) (TSX-V: SAC.P), a capital pool company as defined under Policy 2.4 – Capital Pool Companies (the “CPC Policy”) of the TSX Venture Exchange (the “Exchange”), provides an update to its press release dated March 4, 2022 (the “March Press Release”) whereby Savanna announced that it had entered into a definitive agreement dated March 1, 2022 (the “Definitive Agreement”) with 1000090242 Ontario Inc., a privately held corporation existing under the laws of the Province of Ontario (“San Luis ON”), relating to the proposed business combination (the “Proposed...

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Huadi International Group Co., Ltd. Announces Closing of $25 Million Registered Direct Offering

Huadi International Group Co., Ltd. Announces Closing of $25 Million Registered Direct Offering

BEIJING, Nov. 09, 2022 (GLOBE NEWSWIRE) — Huadi International Group Co., Ltd. (“HUDI” or the “Company”) (NASDAQ: HUDI), a leading developer and manufacturer of industrial stainless steel seamless pipes and tubes products in China, today announced the closing of its previously announced registered direct offering with two institutional investors, raising approximately US$25 million in gross proceeds, before deducting placement agent fees and other estimated offering expenses. The offering consists of the sale of 1 million ordinary shares in a registered direct offering, at a purchase price of $25.00 per ordinary share. The Company plans to use the net proceeds for general working capital. Univest Securities, LLC acted as the exclusive placement agent for this offering. The offering of the ordinary shares described above was made...

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Ring Energy Announces Record Results for Third Quarter Of 2022

Ring Energy Announces Record Results for Third Quarter Of 2022

Closed Transformational Acquisition and Increased Production, Revenue, Net Income, Adjusted EBITDA and Free Cash Flow Ring Energy Provides Operational Update, Revised Fourth Quarter Guidance & Initial Outlook for 2023 4Q 2022 Guidance THE WOODLANDS, Texas, Nov. 09, 2022 (GLOBE NEWSWIRE) — Ring Energy, Inc. (NYSE American: REI) (“Ring” or the “Company”) today reported operational and financial results for the third quarter of 2022. In addition, Ring reiterated its fourth quarter guidance and preliminary outlook for 2023. Third quarter results include the impact from the acquisition (the “Stronghold Transaction”) of the assets of privately held Stronghold Energy II Operating, LLC and Stronghold Energy II Royalties, LP (collectively, “Stronghold”) for only the month of September 2022 following the closing of the transaction....

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Brookfield Renewable Announces Participation in Proposal for Origin’s Energy Markets Business

Brookfield Renewable Announces Participation in Proposal for Origin’s Energy Markets Business

BROOKFIELD, News, Nov. 09, 2022 (GLOBE NEWSWIRE) — Brookfield Renewable (NYSE: BEP, BEPC; TSX: BEP.UN, BEPC) alongside MidOcean Energy (“MidOcean”), an LNG company formed and managed by EIG, (collectively, the “Consortium”) announced today that following the submission of a non-binding privatization proposal (the “Proposal”), that we have entered into an exclusivity agreement with Origin Energy Limited (“Origin”) to conduct due diligence to submit a binding proposal. Under the proposed transaction, Brookfield Renewable and its institutional partners would acquire Origin’s energy markets business, Australia’s largest integrated generation and retail company, and MidOcean would acquire Origin’s Integrated Gas division. The Consortium’s Proposal is at a price of A$9.00 per share which values Origin at an enterprise value of A$18.4...

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<div>Genco Shipping & Trading Limited Announces Third Quarter Financial Results</div>

Genco Shipping & Trading Limited Announces Third Quarter Financial Results

Declares Dividend of $0.78 per share for Q3 2022 Represents a 56% Increase from Q2 2022 and the 13th Consecutive Quarterly Dividend NEW YORK, Nov. 09, 2022 (GLOBE NEWSWIRE) — Genco Shipping & Trading Limited (NYSE:GNK) (“Genco” or the “Company”), the largest U.S. headquartered drybulk shipowner focused on the global transportation of commodities, today reported its financial results for the three months and nine months ended September 30, 2022. The following financial review discusses the results for the three months and nine months ended September 30, 2022 and September 30, 2021. Third Quarter 2022 and Year-to-Date Highlights Declared a $0.78 per share dividend for the third quarter of 2022, an increase of 56% compared to the second quarter of 2022 Q3 2022 dividend represents an annualized yield of 21% on Genco’s closing...

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EmployBridge Completes Acquisition of Bluecrew

EmployBridge Completes Acquisition of Bluecrew

ATLANTA, Nov. 09, 2022 (GLOBE NEWSWIRE) — EmployBridge, a leading provider of technology-enabled, light industrial workforce solutions in the United States, today announced it has completed the previously announced acquisition of Bluecrew, the first hourly W-2 workforce-as-a-service platform, from IAC (NASDAQ: IAC). The transaction brings together EmployBridge’s industry-leading offering and scale with Bluecrew’s digital-first model and technology to create a leading national workforce management platform. Under the terms of the agreement, IAC has received consideration in the form of cash and combined company stock, becoming a minority shareholder in the combined company, which is expected to generate over $4 billion of annual pro forma revenue. Apollo funds remain the combined company’s controlling shareholder. “We are pleased...

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Robex Resources Inc - Transaction Close - November 9

Robex Resources Inc – Transaction Close – November 9

QUEBEC CITY, Nov. 09, 2022 (GLOBE NEWSWIRE) — Robex Resources Inc. (“Robex“, “the Group” or “the Company“) (TSXV: RBX) is pleased to announce that all conditions precedent to the closing of the Transaction with Sycamore Mining Limited (“Sycamore”) (the “Transaction”) have been fulfilled. Previously announced on April 20, 2022, this Transaction takes effect today. Robex Resources now holds, directly and indirectly, all the issued and outstanding shares of Sycamore, owner of (i) the exploitation licenses pertaining to the Kiniero gold district located in Guinea and (ii) the exclusive rights approved by the authorities to obtain the full ownership of the adjacent Mansounia exploitation licences to the south (collectively, the “Kiniero Project”) subject to the satisfaction of the conditions precedent...

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