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Day: November 29, 2022

RGC Resources, Inc. Raises Annual Dividend to $0.79 Per Share

ROANOKE, Va., Nov. 29, 2022 (GLOBE NEWSWIRE) — The Board of Directors of RGC Resources, Inc. (NASDAQ: RGCO), at its meeting on November 28, 2022, declared a quarterly dividend of $0.1975 per share on the Company’s common stock. The indicated annual dividend is $0.79 per share, a $0.01 or 1.3% per share increase over the prior annual level. The Company has now increased the annual dividend 19 consecutive years. Paul Nester, CEO of RGC Resources, Inc., stated, “We continue to be pleased with the solid operational and financial performance of the Roanoke Gas utility and this dividend increase reflects our commitment to deliver long-term shareholder value.” The dividend will be paid on February 1, 2023 to shareholders of record on January 18, 2023. This is the Company’s 315th consecutive quarterly cash dividend. RGC Resources, Inc....

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Healixa Expands Advisory Board with Appointment of Accomplished C-Level Executive with History of Accelerating Profitable Growth

New York, NY, Nov. 29, 2022 (GLOBE NEWSWIRE) — Healixa, Inc. (OTC: EMOR) (“Healixa,” or the “Company”), a technology company focusing on building and acquiring innovative and disruptive technologies in the health-tech, clean water, and green-tech industries, today announced the continued expansion of its advisory board with the appointment of Brian P. Crotty, a s a senior executive with more than 30 years of experience in the technology industry, developing and managing organizations from inception through explosive growth to operational stability, profitability, and eventual sale. “Brian is a proven leader with expertise in managing all aspects of an organization and another great addition to our advisory board,” commented Ian Parker, Chairman and CEO of Healixa. “Strengthening our advisory...

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Patriot One Receives Conditional Approval for Name Change to Xtract One Technologies Inc.

Patriot One Receives Conditional Approval for Name Change to Xtract One Technologies Inc. Patriot One Receives Conditional Approval for Name Change to Xtract One Technologies Inc.TORONTO, Nov. 29, 2022 (GLOBE NEWSWIRE) — Patriot One Technologies Inc. (TSX: PAT) (OTCQX: PTOTF) (FRANKFURT: 0PL) (“Patriot One” or the “Company”), a leading technology-driven threat detection and patron screening solutions company, is pleased to announce that, further to its news release dated November 17, 2022, it has received conditional approval from the Toronto Stock Exchange (the “TSX”) to change its name from “Patriot One Technologies Inc.” to “Xtract One Technologies Inc.” (the “Name Change”). The Company expects the Name Change to take effect at market open on December 1, 2022. The Company’s common shares, which currently trade under the ticker...

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MICT, Inc. Provides Corporate Update; Announces Company is Targeting a Considerable Share Repurchase Program Post-merger Close

Acquisition of Tingo Inc. Operating Business and Assets Remains on Track to Close by November 30, 2022 MONTVALE, N.J., Nov. 29, 2022 (GLOBE NEWSWIRE) — MICT, Inc. (Nasdaq: MICT), (the “Company” or “MICT”), has provided a corporate update. Corporate Update As previously announced, MICT is scheduled to complete the acquisition of the operating business and assets of Tingo Inc. (“Tingo”) by November 30, 2022, which will be achieved through the acquisition of 100% of Tingo’s sole operating subsidiary, Tingo Mobile Limited (“Tingo Mobile”). In return, MICT is issuing 19.9% of its common stock to Tingo, together with Series A Preferred Stock and Series B Preferred Stock, each of which are convertible into shares of MICT’s common stock upon certain conditions being satisfied. Following the completion of the acquisition of Tingo...

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Šiaulių bankas AB issues EUR 85 million of bonds

Šiaulių bankas AB has successfully completed a tap issue of EUR 85 million of 4-year senior preferred 1.047% coupon bonds in the international financial markets. With a tap issue the amount of the total outstanding bonds increased from EUR 75 million to EUR 160 million. The bonds were issued with the aim of meeting future minimum requirement for own funds and eligible liabilities (MREL requirements) set by the Bank’s supervisory authorities. A tap issue was placed with yield to maturity of 6,4%. The settlement date of tap issue is 6th December 2022 and bonds issue maturity date is 7th October 2025. The bonds were issued under EUR 250 million EMTN Programme dated 25th October 2022 and are expected to be listed on the Nasdaq Baltic bond list. Šiaulių bankas AB long term deposits rating from Moody’s is Baa2 with a positive outlook. Additional...

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EPOW Receives Line of Credit of $26 Million to Fund Rapid Growth

ZIBO, China, Nov. 29, 2022 (GLOBE NEWSWIRE) —  Sunrise New Energy Co., Ltd. (“Sunrise New Energy”, the “Company”, “we” or “our”) (NASDAQ: EPOW), today announced that its joint venture, Sunrise (Guizhou) New Energy Material Co., Ltd. has received a line of credit of RMB190 million, or approximately $26 million. The line of credit was extended by a syndicate led by Bank of Guizhou and demonstrates the strong local government support for the Company’s graphite anode manufacturing facility. The line of credit will give the Company the working capital needed to further ramp up production to keep up with growing demand. “This line of credit came at the opportune time as we are in the final stage of negotiations with several top EV battery companies for very large long-term purchase orders of our graphite anode,” said Sunrise New Energy’s...

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GOODMIND™ Available for Sale in the United Kingdom and Europe – Exclusive Distribution Agreement Concluded With This Works

TORONTO, Nov. 29, 2022 (GLOBE NEWSWIRE) — Psyence Group Inc. (CSE: PSYG | OTCQB: PSYGF) (“Psyence” or the “Company”), a life science biotechnology company pioneering the use of natural psychedelics in mental health and well-being, is pleased to announce that it has, together with its joint venture partner The Goodleaf Company (Pty) Ltd (“Goodleaf”), entered into an exclusive distribution agreement with This Works Products Limited (“This Works”) for the distribution and sale of the joint venture’s functional mushroom brand, GOODMIN™, in the United Kingdom and Europe. This Works is one of the leading skincare and wellbeing companies in the United Kingdom and in line with the exclusive distribution agreement, This Works will commence sales of the GOODMIND™ functional mushroom capsules through the This Works website (www.thisworks.com)...

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Global Green Packaging Market to Surpass Valuation of $430.01 Billion by 2028 | Flexible or Modular Green Packaging is Gaining Momentum

Global green packaging market size was valued at $284.1 billion in 2021, and it is expected to reach a value of $430.01 billion by 2028, at a CAGR of 6.1% over the forecast period (2022–2028). Westford, USA, Nov. 29, 2022 (GLOBE NEWSWIRE) — According to a report from SkyQuest, the global green packaging market is projected to grow from $284.1 billion in 2021 to $430.01 billion by 2028. The report’s analysis is based on interviews with industry executives and analysts, as well as secondary research. Globally, more than 380 million tons of plastic waste is generated. The study found that the amount of PET used to make packaging decreases by 50% when recycled and the use of post-consumer recycled content doubles. The study also shows that using recyclable materials in packaging can help minimize environmental impact. This is...

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Global Reusable Water Bottle Market to Hit Sales Value of $11.70 Billion by 2028 | Plastic to Hold Over 35% Market Share | SkyQuest Technology

Global reusable water bottle market was valued at USD 8.90 billion in 2021 and it is expected to exceed valuation of USD 11.70 billion by 2028, with CAGR of 4.7% over forecasted period (2022–2028). Westford, USA, Nov. 29, 2022 (GLOBE NEWSWIRE) — Recent SkyQuest study on the global reusable water bottle market have shown that growing demand for reusable water bottles is due to the health benefits that come with drinking filtered water. Bottled water companies are now responding to the rising demand by developing new bottle designs and marketing campaigns. For example, Coca-Cola has developed a reusable water bottle that can cold brew coffee or tea. One reason why reusable water bottles are gaining popularity is because they are environmentally friendly. According to our analysis of the global reusable water bottle market, each disposable...

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United Maritime Declares Special Cash Dividend of $1.00 Per Share

GLYFADA, Greece, Nov. 29, 2022 (GLOBE NEWSWIRE) — United Maritime Corporation (the “Company” or “United”) (NASDAQ: USEA), announced today that its board of directors has declared a special cash dividend of $1.00 per common share in connection with the recent profitable sale of the M/T Bluesea and M/T Parosea (the “Vessels”). The dividend is payable on or about January 10, 2023 to the common shareholders of record as of December 12, 2022. The Vessels were delivered to the Company in August 2022 and subsequently sold to an unaffiliated third party at a significant premium. The M/T Parosea was delivered to her new owners on November 8, 2022, and the delivery of the M/T Bluesea is expected to be completed in early December 2022. Stamatis Tsantanis, the Company’s Chairman & Chief Executive Officer, stated: “We are very pleased...

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