Surrey Bancorp Announces First Quarter Cash Dividend of $0.12 per share of Common Stock

Written by Customer Service on March 1, 2023. Posted in Dividend Reports And Estimates.

MOUNT AIRY, N.C., March 01, 2023 (GLOBE NEWSWIRE) — The Board of Directors of Surrey Bancorp (“the Company”, Pink Sheets: SRYB) has declared a quarterly cash dividend of 12 cents ($0.12) per share on the Company’s common stock. The cash dividend is payable on April 10, 2023, to shareholders of record as of the close of business on March 17, 2023. Ted Ashby, CEO of Surrey Bancorp, stated the dividend was based on the Company’s current operating results, its strong financial condition and a commitment to delivering shareholder value. Surrey Bancorp is the bank holding company for Surrey Bank & Trust (the “Bank”) and is located at 145 North Renfro Street, Mount Airy, North Carolina. The Bank operates full service branch offices at 145 North Renfro Street, and 2050 Rockford Street in Mount Airy and a limited service branch at...

Kevzara® (sarilumab) Approved by FDA as First and Only Biologic Indicated for Patients with Polymyalgia Rheumatica

Written by Customer Service on March 1, 2023. Posted in Public Companies.

Three times more patients treated with Kevzara achieved sustained remission compared to placebo in Phase 3 trial Kevzara now approved to treat two chronic inflammatory disorders TARRYTOWN, N.Y. and CAMBRIDGE, Mass., Feb. 28, 2023 (GLOBE NEWSWIRE) — Regeneron Pharmaceuticals, Inc. (NASDAQ: REGN) and Sanofi today announced that the U.S. Food and Drug Administration (FDA) has approved Kevzara® (sarilumab) for the treatment of polymyalgia rheumatica (PMR), an inflammatory rheumatic disease, in adult patients who have had an inadequate response to corticosteroids or who cannot tolerate corticosteroid taper. “Polymyalgia rheumatica can be an incapacitating disease, causing painful disease flares in multiple parts of the body that leave people fatigued and unable to fully perform everyday activities. Corticosteroids have been the...

Dynamic Technologies Group Provides Corporate Update

Written by Customer Service on March 1, 2023. Posted in Public Companies.

TORONTO, Feb. 28, 2023 (GLOBE NEWSWIRE) — Dynamic Technologies Group Inc. (TSXV: DTG, OTC:ERILF) (“Dynamic”, “Company”, “we” and “our”) with reference to our prior new release dated August 8, 2022 announces that its USD$16 million senior secured credit facilities with Promising Expert Limited (“PEL”) matured on February 28, 2023 (the “PEL Credit Facilities”) and the Company is currently in default for non-payment of the same. The default under the PEL Credit Facilities constitutes a cross-default under the terms of the Company’s USD$2 million subordinated secured loan with Export Development Canada (“EDC”). The Company is having ongoing discussions with PEL, who remains supportive of the Company. Based on those discussions, the Company does not expect PEL to issue a demand for payment at this time or to take any immediate steps...

PHX Energy Announces Strongest Fourth Quarter and Year End Results In Its History

Written by Customer Service on March 1, 2023. Posted in Earnings Releases And Operating Results.

Capital Expenditures Capital Expenditures CALGARY, Alberta, Feb. 28, 2023 (GLOBE NEWSWIRE) — Fourth Quarter Highlights For the three-month period ended December 31, 2022, PHX Energy generated consolidated revenue of $157.8 million, the highest level of quarterly revenue in the Corporation’s history and an increase of 54 percent from the fourth quarter of 2021. Adjusted EBITDA(1) from continuing operations increased to $33.9 million, 21 percent of consolidated revenue(1). This is also PHX Energy’s highest level of quarterly adjusted EBITDA and all-time record as a percentage of consolidated revenue. Included in the 2022-quarter’s adjusted EBITDA is $6.9 million in cash-settled share-based compensation expense. Excluding cash-settled share-based compensation expense, adjusted EBITDA from continuing operations(1) in the fourth...

Day: March 1, 2023