Day: December 1, 2022

Babcock & Wilcox and Chart Industries to Collaborate on Hydrogen Innovation Utilizing B&W’s Brightloop™ Technology

Written by Customer Service on December 1, 2022. Posted in Public Companies.

ATLANTA, Dec. 01, 2022 (GLOBE NEWSWIRE) — Babcock & Wilcox (B&W) (NYSE: BW) announced today that it has entered into an agreement with Chart Industries, Inc. (NYSE: GTLS) to collaborate on the further deployment of B&W’s BrightLoopTM hydrogen generation technology, utilizing Chart’s integrated hydrogen liquefaction and cryogenic carbon capture equipment and expertise. Together, this solution provides economic generation of low-carbon hydrogen and supplies cost-effective, transportable forms of liquid hydrogen and carbon dioxide. B&W and Chart will also work together to develop sales and marketing strategies for potential commercial hydrogen and carbon capture customers and projects. “This collaboration agreement with Chart offers tremendous opportunity to further deploy B&W’s advanced BrightLoop technology,”...

Altius Renewable Royalties Announces New Operating Royalty Investment and CDN$35 million Bought Deal Financing

Written by Customer Service on December 1, 2022. Posted in Public Companies.

NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. ST. JOHN’S, Newfoundland and Labrador, Dec. 01, 2022 (GLOBE NEWSWIRE) — Altius Renewable Royalties Corp. (TSX: ARR) (OTCQX: ATRWF) (“ARR”, the “Corporation”, or the “Company”) reports that Great Bay Renewables II (“Great Bay”), its subsidiary that is jointly controlled with funds managed by affiliates of Apollo Global Management (“Apollo”), has entered into a US$46 million royalty investment agreement with Longroad Energy (“Longroad”) to support Longroad’s acquisition of the 70 MWac Titan Solar project in Imperial County, CA (“Titan”). Titan represents Great Bay’s first royalty investment in California. Longroad is a top-tier developer, owner, and operator of renewable...

Park Hotels & Resorts Inc. Completes Upsize of Revolving Credit Facility to $950 Million and Extends Maturity to 2026

Written by Customer Service on December 1, 2022. Posted in Public Companies.

TYSONS, Va., Dec. 01, 2022 (GLOBE NEWSWIRE) — Park Hotels & Resorts Inc. (“Park”) (NYSE:PK) today announced that it has successfully amended and restated its existing $901 million revolving credit facility to increase total capacity to $950 million, extend the maturity from December 2023 to December 2026, and release all collateral securing the credit facility (and its senior notes) consisting of pledges of equity interests in Park-affiliated entities owning certain unencumbered assets (as modified, the “Credit Facility”). In addition, the Credit Facility includes one or more extension options of up to one additional year in the aggregate, subject to customary extension conditions, and provides for borrowings to accrue interest at an adjusted SOFR rate plus a margin ranging from 1.45% to 2.75% (vs. previous range of 1.50%...

Euro Sun Announces Closing of First Tranche of Private Placement, Waiver Agreement Related to Secured Lending Facilities and Management Changes

Written by Customer Service on December 1, 2022. Posted in Public Companies.

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES NOT FOR RELEASE IN THE UNITED STATES OR TO U.S. NEWS WIRE SERVICES TORONTO, Dec. 01, 2022 (GLOBE NEWSWIRE) — Euro Sun Mining Inc. (TSX: ESM) (“Euro Sun” or the “Company”) is pleased to announce that it has closed the first tranche (the “First Tranche”) of its previously announced non-brokered private placement financing (the “Offering”). An aggregate of 41,790,000 common shares (the “Common Shares”) were sold under the First Tranche at a price of C$0.05 per Common Share for aggregate gross proceeds of approximately C$2,089,500. Euro Sun intends to use the proceeds of the Offering for general corporate purposes. All securities issued in connection with the Offering are subject to a statutory hold period of four-months and one day. In...

ZoomerMedia Limited Announces Financial Results for the Year Ended August 31, 2022

Written by Customer Service on December 1, 2022. Posted in Earnings Releases And Operating Results.

TORONTO, Dec. 01, 2022 (GLOBE NEWSWIRE) — ZoomerMedia Limited (TSXV:ZUM) (the “Company”), the leader in serving the interests of the 45+ “Zoomer” market in Canada, today announced its financial results for the fiscal year ended August 31, 2022. Consolidated Results For the twelve months ended August 31, 2022 the Company generated revenues of $54.2 million, operating expenses of $44.9 million and Adjusted EBITDA of $9.3 million. Net income for the same period was $3.5 million. For the comparative fiscal year ended August 31, 2021 the Company had revenues of $48.8 million, operating expenses of $39.6 million and Adjusted EBITDA of $9.2 million. Net income for the twelve months was $3.7 million. EBITDA and Adjusted EBITDA are non-IFRS earnings measures which do not have any standardized meaning prescribed by IFRS and therefore may...

Allied Announces December 2022 Distribution and Distribution Increase for 2023

Written by Customer Service on December 1, 2022. Posted in Dividend Reports And Estimates.

TORONTO, Dec. 01, 2022 (GLOBE NEWSWIRE) — Allied Properties Real Estate Investment Trust (“Allied”)(TSX:AP.UN) announced today that its Trustees have (i) declared a distribution of $0.1458 per unit for the month of December 2022, payable on January 16, 2023, to unitholders of record as at December 30, 2022, and (ii) approved a 2.9% increase in monthly cash distributions for 2023 to $0.15 per unit ($1.80 per unit annualized). CAUTIONARY STATEMENTSThis press release may contain forward-looking statements with respect to Allied, its operations, strategy, financial performance and condition. These statements generally can be identified by use of forward-looking words such as “may”, “will”, “expect”, “estimate”, “anticipate”, “intends”, “believe” or “continue” or the negative thereof or similar variations. The actual results and performance...

Purebase and Fortera Sign Term Sheet to Build Commercial Plant

Written by Customer Service on December 1, 2022. Posted in Public Companies.

IONE, CA, Dec. 01, 2022 (GLOBE NEWSWIRE) — Purebase Corporation (OTCPK: PUBC), (“Purebase”) a diversified resource company, headquartered in Ione, California, is in discussions with Fortera Corporation (“Fortera”), a Silicon Valley-based materials technology company, regarding the proposed terms of a commercial plant agreement. Purebase and Fortera recently entered into a non-binding term sheet and are working towards a definitive agreement that sets forth the terms of a collaboration to design, construct and operate a commercial facility at Purebase’s headquarters in Ione, California. Fortera is the owner of know-how and intellectual property related to its ReCarb ™ process for the production of calcium carbonate cements. For the past six years, Purebase has been working with universities, state Departments of Transportation...

Raymond James Financial Declares Quarterly Dividends on Common and Preferred Stock; Increases Common Stock Repurchase Authorization

Written by Customer Service on December 1, 2022. Posted in Dividend Reports And Estimates.

ST. PETERSBURG, Fla., Dec. 01, 2022 (GLOBE NEWSWIRE) — On December 1, 2022, the Raymond James Financial, Inc. (NYSE: RJF) Board of Directors declared a quarterly cash dividend on shares of its common stock of $0.42 per share, payable January 17, 2023 to shareholders of record on January 3, 2023. This is a 24% increase over the previous dividend of $0.34 per share paid on October 17, 2022. The Board declared a quarterly dividend of $0.421875 per depositary share of 6.75% Fixed-to-Floating Rate Series A Non-Cumulative Perpetual Preferred Stock (NYSE: RJF PrA) and $0.3984375 per depositary share of 6.375% Fixed-to-Floating Rate Series B Non-Cumulative Perpetual Preferred Stock (NYSE: RJF PrB), in each case payable January 3, 2023, to shareholders of record on December 15, 2022. The Board also authorized repurchase of the company’s...

Sprott Focus Trust, Inc. (Nasdaq-FUND) Declares Fourth Quarter Common Stock Distribution of $0.1276 Per Share

Written by Customer Service on December 1, 2022. Posted in Dividend Reports And Estimates.

TORONTO, Dec. 01, 2022 (GLOBE NEWSWIRE) — Sprott Focus Trust, Inc. (Nasdaq-FUND) (the “Fund” or “FUND”) has declared a quarterly distribution of $0.1276 per share on its Common Stock. The distribution, optionally payable in additional shares of Common Stock or in cash by specific stockholder election, is to be paid on December 22, 2022 to stockholders of record at the close of business on December 12, 2022 (ex-dividend on December 9, 2022). The price of shares issued for reinvestment will be determined on December 15, 2022. The Fund currently has adopted a Distribution Policy of paying quarterly distributions on its Common Stock. Distributions are being made at the annual rate of 6% of the rolling average of the prior four calendar quarter-end net asset values (“NAVs”), with the fourth quarter distribution being the greater of...

Lincoln Electric Completes Acquisition of Fori Automation, LLC

Written by Customer Service on December 1, 2022. Posted in Mergers And Acquisitions.

CLEVELAND, Dec. 01, 2022 (GLOBE NEWSWIRE) — Lincoln Electric Holdings, Inc. (the “Company”) (NASDAQ: LECO) is pleased to announce that it has completed the previously announced acquisition of Fori Automation, LLC (“Fori”) and closed on a $400 million senior secured term loan to partially fund the acquisition. “We are excited to welcome Fori into Lincoln Electric and expand our leading portfolio of automation solutions and engineering expertise to advance customers’ productivity needs,” stated Christopher L. Mapes, Lincoln’s Chairman, President and Chief Executive Officer. “The transaction brings together two innovative organizations who are guided by similar values and follow a ‘customer-first’ approach.” Mapes continued, “The acquisition increases our annualized automation portfolio revenue to over $850 million as we advance towards...

Day: December 1, 2022

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