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Day: June 14, 2023

Host Hotels & Resorts Announces Increased Second Quarter Dividend

BETHESDA, Md., June 14, 2023 (GLOBE NEWSWIRE) — Host Hotels & Resorts, Inc. (NASDAQ: HST), the nation’s largest lodging real estate investment trust (the “Company”), today announced that its board of directors authorized a regular quarterly cash dividend of $0.15 per share, a 25% increase over the prior quarter. The dividend is payable on July 17, 2023, to stockholders of record on June 30, 2023. About Host Hotels & Resorts Host Hotels & Resorts, Inc. is an S&P 500 company and is the largest lodging real estate investment trust and one of the largest owners of luxury and upper-upscale hotels. The Company currently owns 72 properties in the United States and five properties internationally totaling approximately 41,900 rooms. The Company also holds non-controlling interests in seven domestic and one international...

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Entourage Health Announces Results of 2023 Annual General Meeting of Shareholders

TORONTO, June 14, 2023 (GLOBE NEWSWIRE) — Entourage Health Corp. (TSX-V:ENTG) (OTCQX:ETRGF) (FSE:4WE) (“Entourage” or the “Company”), a Canadian producer and distributor of award-winning cannabis products, is pleased to announce that shareholders overwhelmingly approved all proposed resolutions at its annual general meeting of shareholders (“AGM”) held virtually in Toronto, Ontario on June 14, 2023.  All director nominees, as listed in the Management Proxy Circular dated May 8, 2023, were elected as directors of the Company, including George Scorsis, Gail Paech, Bruce Croxon, Luciano Cacioppo and Jason Alexander. With a combined average shareholder approval rating of 98%, all elected directors will serve on the Company’s board of directors (the “Board”) until the next AGM or until their successors are elected or appointed. Additionally,...

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Eloxx Pharmaceuticals Announces Final Data Assessment from Phase 2 Combination Clinical Trial of ELX-02 in Class 1 Cystic Fibrosis (CF) Patients

ELX-02 trial results demonstrated clinically relevant improvement in percent predicted forced expiratory volume (ppFEV1) based on final data assessment; initial topline results were previously reported in September 2022 Efficacy of ELX-02 in CF study bolsters strength of recently announced results in Phase 2 Alport syndrome trial, further supporting Eloxx’s decision to advance into a pivotal trial in Alport syndrome WATERTOWN, Mass., June 14, 2023 (GLOBE NEWSWIRE) — Eloxx Pharmaceuticals, Inc. (NASDAQ: ELOX), a leader in ribosomal RNA-targeted genetic therapies for rare diseases, today announced the final data assessment from the Phase 2 clinical trial of ELX-02 in combination with ivacaftor in Class 1 CF patients with at least one nonsense mutation. In the final assessment, ELX-02 demonstrated clinically relevant improvement...

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IHT Q1 PROFIT UP 25%

Phoenix, AZ, June 14, 2023 (GLOBE NEWSWIRE) — InnSuites Hospitality Trust (NYSE American: IHT) reported a continuation of strong improvement of results in the First Fiscal Quarter of 2024, (February 1, 2023, to April 30, 2023), with Net Income Attributable to Controlling Interests increasing by approximately 25%, to $236,608 as compared to $188,115. Total Consolidated Fiscal First Quarter Net Income also increased approximately 25% to $465,445. Total Trust Equity increased to $4,017,911 at the end of Fiscal First Quarter 2024, up approximately 9%, or $335,766. Earnings Per Share based on this Net Income Attributable to Controlling Interest amount was $0.03, up $0.01 from the prior year of $0.02. Total Revenues increased to approximately $2.2 million, which is an approximate increase of 3% from the same prior Fiscal Year total of...

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ETC Announces Retirement of Roger Colley from Board of Directors

SOUTHAMPTON, Pa., June 14, 2023 (GLOBE NEWSWIRE) — Environmental Tectonics Corporation (OTC Pink: ETCC) (“ETC” or the “Company”) today reported that on June 7, 2023, the Chairman of the Board of Directors of the Company received notification from Mr. Roger Colley that Mr. Colley will retire from the ETC Board of Directors as of the date of the Company’s upcoming 2023 annual meeting of shareholders. Mr. Colley has served as the Chairman of the Audit Committee since 2011 and is currently a member of the Nominating and Compensation Committees. Mr. Colley’s decision was not due to any disagreement with the Company on any matter relating to the Company’s operations, policies or practices. “On behalf of the Board of directors, the management team and our shareholders, we thank Roger for his dedication and service and wish him and his...

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Kaival Brands Reports Fiscal 2023 Second Quarter Financial Results and Highlights Recent Achievements

New broker and distribution agreements as well as FDA enforcement efforts against non-compliant ENDS products creates opportunities for Kaival Brands to open larger customer accounts for its core BIDI® Stick distribution business Transformative intellectual property acquisition brings promise for the future New independent board members beginning to bring value to the company GRANT-VALKARIA, Fla., June 14, 2023 (GLOBE NEWSWIRE) — Kaival Brands Innovations Group, Inc. (NASDAQ: KAVL) (“Kaival Brands,” the “Company” or “we,” “our” or similar terms), the exclusive distributor of all products manufactured by Bidi Vapor, LLC (“Bidi Vapor”), including the BIDI® Stick electronic nicotine delivery system (ENDS), which are intended for adults 21 and over, today announced its financial results for...

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Gibson Energy Expands Liquids Infrastructure Platform with Acquisition of Texas Gulf Coast Crude Oil Export Facility for US$1.1 Billion, Announces Concurrent $350 Million Subscription Receipt Bought Deal Offering

Not for distribution to U.S. news wire services or for dissemination in the United States. All financial figures are in Canadian dollars unless otherwise noted Transaction HighlightsEnhances Gibson’s leading liquids-focused infrastructure business with on-strategy acquisition of high-quality export terminal at Ingleside, one of only two Texas Gulf Coast terminals with VLCC capabilities Strengthens cash flow with >95% of revenue under take-or-pay contracts with investment grade or high-quality counterparties who are existing customers of Gibson1 Expands Gibson’s footprint with connectivity to the world-class Permian basin and provides platform for future infrastructure growth with existing and new customers Delivers immediate mid-teens DCF per share accretion, while significantly increasing Gibson’s scale and diversity2,6 Aligns with...

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MISTRAS Group to Participate in Singular Research’s Summer Solstice Conference on June 22, 2023

Management Presentation to Be Webcast Live at 11:30 AM ET on June 22, 2023 PRINCETON JUNCTION, N.J., June 14, 2023 (GLOBE NEWSWIRE) — MISTRAS Group, Inc. (MG: NYSE) – a leading “one source” multinational provider of technology-enabled asset protection solutions used to maximize the uptime and safety of critical energy, industrial, and public infrastructure – announced today that Dennis Bertolotti, Chief Executive Officer, and Edward Prajzner, Chief Financial Officer, will be presenting at Singular Research’s Summer Solstice Conference, being held June 22, 2023 at the Hippodrome in New York City, NY – USA. The presentation will begin at 11:30 AM ET on June 22. To register to attend and access the presentation, please visit https://register.gotowebinar.com/register/6289306997940175701. Management will also be available for one-on-one...

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ETC Announces Appointment of Timothy Kennedy, CPA, CMA as Chief Financial Officer

SOUTHAMPTON, Pa., June 14, 2023 (GLOBE NEWSWIRE) — Environmental Tectonics Corporation (OTC Pink: ETCC) (“ETC” or the “Company”) today announces the appointment of Timothy Kennedy, CPA, CMA as the Company’s Chief Financial Officer and Treasurer, effective today. Mr. Kennedy, age 54, has extensive experience, including ten years of advisory experience, six years as a Global Controller for a medical device manufacturer, and four years as a Chief Financial Officer for a mid-market manufacturer. Most recently, Mr. Kennedy was Chief Financial Officer with AES Clean Technology. From 2012 to 2019 Tim was with Johnson & Johnson, in several capacities, from Director SOX Compliance to Finance Director. From 2002 to 2012, Mr. Kennedy was with Synthes Inc., where he served as Global Corporate Controller for six years and Director – Mergers...

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NOVONIX Joins Accelerate Coalition to Foster Growing Battery Ecosystem in Canada

HALIFAX, Nova Scotia, June 14, 2023 (GLOBE NEWSWIRE) — NOVONIX Limited (NASDAQ: NVX, ASX: NVX) (“NOVONIX”), a leading battery materials and technology company, today announced that it is the latest member to join Accelerate, Canada’s Zero-Emission Vehicle (ZEV) Supply Chain Alliance, in an effort to strengthen Canada’s battery ecosystem and onshore supply chain at a pivotal moment for the industry. “NOVONIX has long been determined to anchor a North American battery supply chain by developing technologies and materials that support long life, high-performance applications through cleaner processes and novel R&D,” said Dr. Chris Burns, CEO of NOVONIX. “By joining Accelerate and partnering with other leaders in the space during this period of historic investment and industry wide exponential growth, we will have a more meaningful...

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