Day: December 8, 2022
LOS ANGELES, CA, Dec. 08, 2022 (GLOBE NEWSWIRE) — via NewMediaWire – HQ Global Education, Inc. (OTC: HQGE) and its wholly owned operating subsidiary Big M Entertainment Pictures (BMEP) announced that development and production planning are underway for future projects to be filmed in New Orleans, Louisiana, and additional strategic alliances are being established to begin development of multiple projects for both feature film and TV series formats.
This is a major production expansion for BMEP that opens the door to new creative and business opportunities uniquely suited for select BMEP projects and provides the company with expanded access not only to the region’s historic locations and talent pools, but also its local tax credits and business infrastructure.
Marvin Williams, President of HQGE and CEO of BMEP, stated, “We are...
Melcor REIT appoints Naomi Stefura as Trustee
Written by Customer Service on . Posted in Public Companies.
EDMONTON, Alberta, Dec. 08, 2022 (GLOBE NEWSWIRE) — Melcor Real Estate Investment Trust (“the REIT” – TSX: MR.UN) today announced the appointment of Naomi Stefura to the board of trustees.
Naomi is the Executive Vice President and Chief Financial Officer of Melcor Developments Ltd. (Melcor) and also Chief Financial Officer of the REIT. She has been with Melcor in financial oversight and senior leadership roles for almost 15 years. Naomi also currently serves as Vice Board Chair for Explore Edmonton and was previously Audit Committee Chair of that organization.
Ralph Young, Chairman of the REIT commented: “We are happy to have Naomi officially join the board of trustees. With instrumental involvement since IPO, she has a wealth of knowledge about the REIT and its history. In addition, Naomi has extensive experience in financial...
Andrew Mercer Joins Southern Michigan Bancorp, Inc. Board of Directors
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COLDWATER, Mich., Dec. 08, 2022 (GLOBE NEWSWIRE) — John H. Castle, Chairman and CEO of Southern Michigan Bancorp, Inc., the holding company of Southern Michigan Bank & Trust, recently announced the appointment of Andrew “Andy” Mercer to its Board of Directors.
Mr. Mercer is the third generation owner and president of R.W. Mercer Co., a distribution, construction, and service company headquartered in Jackson, Michigan. With six locations in Michigan and one in Indiana, the company markets in three distinct areas: petroleum equipment sales, installation and service; general contracting; and electrical contracting.
Starting in his early teens as a truck washer, then as a technician during college, Mercer has spent his entire thirty-year career with the company. Under his leadership, R.W. Mercer has grown into a nationally trusted...
DNO Initiates Share Buyback Program
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Oslo, 8 December 2022 – DNO ASA, the Norwegian oil and gas operator (the “Company”), today announced the initiation of a share buyback program (the “Program”) through which the Company will repurchase up to 53,107,326 shares, representing approximately five percent of total shares outstanding, for a maximum total consideration of USD 80 million.
The Program will be conducted in accordance with article 5 of the Market Abuse Regulation (EU) No 596/2014, as adopted in the Norwegian Securities Trading Act of 2007, ancillary regulations and the Oslo Stock Exchange’s Guidelines for buyback programmes and price stabilisation of February 2021.
Buyback transactions will be executed at market prices on the Oslo Stock Exchange. The Program will be managed by Arctic Securities AS, which will make its trading decisions...
21st Century Energy Solutions Announces New Customer for Its Proprietary Enhanced Oil Recovery System
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Customer Located in Murray County, OK
LITTLE RIVER, SC, Dec. 08, 2022 (GLOBE NEWSWIRE) — via NewMediaWire – PCT LTD (“PCTL” OTC Pink): 21st Century Energy Solutions Inc., a subsidiary of PCTL, announces a new customer in our Enhanced Oil Recovery (EOR) program. The project is in the Oil Creek formation, Murray County, OK.
Initial treatment of the well was performed by our partner, Maverick Energy Solutions, Holdenville, OK, using 21st Century Energy Solutions’ priority ECA “Super-Catholyte”.
The well is currently shut-in for a few days, as planned.
Our customer’s wells in the Oil Creek Formation typically have an initial production of five barrels per day with little or no water.
We will release additional information soon as the results become available to us.
About PCT LTD:
PCT LTD (“PCTL”) focuses its business...
Joint Statement by Canadian Banks and Life Insurance Companies Regarding Annual Meetings in 2023
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TORONTO, Dec. 08, 2022 (GLOBE NEWSWIRE) — This is a joint statement issued by BMO, CIBC, Canadian Western Bank, Laurentian Bank, National Bank, RBC, Scotiabank, TD Bank Group, Great-West Lifeco, Canada Life, Manulife and Sun Life. Each of us continues to monitor the ongoing COVID-19 pandemic and the directives and recommendations from public health and government authorities. In the last few years, we have been taking a series of proactive precautionary measures to help protect the health and well-being of our employees, clients and communities. This degree of care and concern extends to all of our shareholders and policyholders. Although the COVID-19 situation has improved since the 2022 annual meeting cycle, we have been carefully considering alternatives for our respective meetings in light of the continued and unpredictable...
Lumina Datamatics Acquires UK-based Sunrise Setting Ltd.
Written by Customer Service on . Posted in Mergers And Acquisitions.
MILTON KEYNES, United Kingdom, Dec. 08, 2022 (GLOBE NEWSWIRE) — Lumina Datamatics UK Ltd. signed a definitive agreement to acquire a controlling stake in UK-based Sunrise Setting Ltd., a boutique company based in Brixham, UK, supporting academic and other publishers including non-publisher organizations to produce more than 500 publications each year.
“The acquisition of Sunrise Setting Ltd. deepens our commitment to our current customers, and also fits with our strategic growth plan. Sunrise Setting Ltd.’s customers will benefit greatly from our broad range of publishing and technology solutions. The depth and experience of Sunrise Setting Ltd. will enhance Lumina Datamatics’ presence in the UK and EU regions and will help us gain a competitive advantage in the publishing space,” said Sameer Kanodia, Managing Director &...
Westland Insurance acquires Gateway Insurance Group and Hutcheson, Reynolds & Caswell Insurance
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Westland continues to grow across Canada with acquisitions in Nova Scotia and Ontario
Surrey, BC/Territories of the Coast Salish (Kwantlen, Katzie, Semiahmoo, Tsawwassen first nations), Dec. 08, 2022 (GLOBE NEWSWIRE) — Westland Insurance announced today that it acquired Gateway Insurance Group and Hutcheson, Reynolds & Caswell Insurance on December 1.
Gateway Insurance Group is in Halifax, Nova Scotia and Hutcheson, Reynolds & Caswell has offices in the Ontario cities of Huntsville, Bracebridge, Port Carling, and Collingwood. These acquisitions expand Westland’s already robust Property and Casualty (P&C) practice and grow its presence in the strategically important Ontario and Atlantic Canada region.
“We’re thrilled to welcome Gateway Insurance and Hutcheson, Reynolds & Caswell to Westland,” says Jamie Lyons,...
Toll Brothers Announces Opening of New Luxury Townhome Community on the Hudson River in Beacon, N.Y.
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Toll Brothers at Hudson Landing is now open for sales; model home opening in 2023Toll Brothers at Hudson Landing
Toll Brothers announced the highly anticipated opening of its Hudson Landing community in Dutchess County, New York.Toll Brothers at Hudson Landing
“Toll Brothers at Hudson Landing truly exemplifies the Toll Brothers luxury brand that we are known for,” said James Fitzpatrick, Group President of Toll Brothers in New York. “With our most popular features already included and unrivaled personalization options available through our Toll Brothers Design Studio experience, we continue to offer our home buyers the best home designs in the most desirable locations.”BEACON, N.Y., Dec. 08, 2022 (GLOBE NEWSWIRE) — Toll Brothers, Inc. (NYSE:TOL), the nation’s leading builder of luxury homes, today announced the highly anticipated...
Aerojet Rocketdyne to Produce New Joint Economical Sled Track Rockets
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HUNTSVILLE, Ala., Dec. 08, 2022 (GLOBE NEWSWIRE) — Aerojet Rocketdyne has been awarded a $98.5 million contract under an Other Transaction Authority (OTA) by the Naval Aviation Systems Consortium to develop and manufacture motors and sleds in support of the Joint Economical Sled Track Rockets (JESTR) program.
“Aerojet Rocketdyne solid rocket sled motors helped the Air Force set the land speed record in 2003,” said Eileen P. Drake, Aerojet Rocketdyne CEO and president. “Today we look forward to supporting the Air Force and Navy with advanced solid rocket motors and sleds to support development of the nation’s next generation defense needs.”
Track testing, an economical precursor to flight testing, enables data collection including impact survivability, weather and aerothermal effects, sensor performance and guidance system performance.
The...