Day: December 14, 2023

Eterna Therapeutics Announces $9.2 Million Convertible Debt and Warrant Financing

Eterna Therapeutics Announces $9.2 Million Convertible Debt and Warrant Financing

CAMBRIDGE, Mass., Dec. 14, 2023 (GLOBE NEWSWIRE) —  Eterna Therapeutics Inc. (Nasdaq: ERNA) (“Eterna” or the “Company”), a life science company committed to realizing the potential of mRNA cell engineering to provide patients with transformational new medicines, today announced the execution of a securities purchase agreement with accredited investors for the sale of approximately $9.2 million aggregate principal amount of senior convertible promissory notes and accompanying warrants to purchase an aggregate of 9,579,014 shares of common stock in a private placement transaction that was priced at-the-market under Nasdaq rules. The Company expects to hold an initial closing at which it expects to receive proceeds of approximately $7.8 million on December 15, 2023 and the remainder at a closing to occur no later than January 15,...

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RevoluGROUP Canada Inc. Announces Correction to AGM

RevoluGROUP Canada Inc. Announces Correction to AGM

Vancouver, BC, Dec. 14, 2023 (GLOBE NEWSWIRE) — RevoluGROUP Canada Inc. (TSX-V: REVO), (Frankfurt: IJA2) (the “Company”) announces that the details of the upcoming annual general meeting that were disclosed in the news release dated November 21, 2023, were inaccurate. The AGM is being held on Monday, January 15, 2024, and will not be a virtual meeting. About RevoluGROUP Canada Inc.: RevoluGROUP Canada Inc. is a multi-asset, multidivisional publicly traded Canadian Company deploying advanced technologies in; Banking, Mobile Apps, Money Remittance, Mobile Phone Top-Ups, EGaming, Healthcare Payments, Esports, Invoice factoring, Online Travel, Vacation Resort, Blockchain Systems, and Fintech app sectors. Click here to read more. For further information on RevoluGROUP Canada Inc. (TSX-V: REVO), visit the Company’s website at www.RevoluGROUP.com. RevoluGROUP...

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Ready Capital Corporation Declares Fourth Quarter 2023 Dividends

Ready Capital Corporation Declares Fourth Quarter 2023 Dividends

NEW YORK, Dec. 14, 2023 (GLOBE NEWSWIRE) — Ready Capital Corporation (NYSE:RC) (the “Company”) announced that its Board of Directors declared a quarterly cash dividend of $0.30 per share of common stock and Operating Partnership unit for the quarter ended December 31, 2023. This dividend is payable on January 31, 2024, to shareholders of record as of the close of business on December 29, 2023. The quarterly dividend reflects the impact on earnings of lower leverage and portfolio yield compression due to the ongoing integration of the Broadmark portfolio. The Company expects earnings to migrate towards historical return targets over the course of 2024 as increased liquidity is deployed into current market yields and underperforming assets in the Broadmark portfolio are repositioned into the Company’s proven loan origination and...

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Euro Manganese Reports Fourth Quarter and Year-End 2023 Financial Results and Project Developments

Euro Manganese Reports Fourth Quarter and Year-End 2023 Financial Results and Project Developments

VANCOUVER, British Columbia, Dec. 14, 2023 (GLOBE NEWSWIRE) — Euro Manganese Inc. (TSX-V and ASX: EMN; OTCQX: EUMNF; Frankfurt: E06) (the “Company” or “EMN”) is pleased to announce key developments during the fourth fiscal quarter 2023 and to date. The Company has now filed its September 30, 2023 year-end Financial Statements, Management’s Discussion and Analysis, and other financial reports. Key Developments During and Subsequent to the Quarter Chvaletice Project, Czech Republic US$100 million non-dilutive funding package announced to advance development of the Chvaletice Manganese Project (the “Project”); US$20 million received on closing. Definitive agreements signed with OMRF (BK) LLC (“Orion”), which is managed by the Orion Resource Group, for a US $100 million funding package,...

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Set Jet and Revelstone Capital Acquisition Corp. Receive Effectiveness of S-4 Registration Statement and Announce Date of Revelstone Special Meeting of Stockholders to Approve Proposed Business Combination

Set Jet and Revelstone Capital Acquisition Corp. Receive Effectiveness of S-4 Registration Statement and Announce Date of Revelstone Special Meeting of Stockholders to Approve Proposed Business Combination

~ Revelstone’s Special Meeting to Approve Business Combination Scheduled for December 27, 2023 for Stockholders of Record as of November 10, 2023 ~ ~ Upon Closing, the Combined Company is Expected to Trade on Nasdaq Under the Ticker “SJET” ~ SCOTTSDALE, Ariz. and NEW YORK, Dec. 14, 2023 (GLOBE NEWSWIRE) — Set Jet, Inc. (“Set Jet”), a membership-based private jet charter program, and Revelstone Capital Acquisition Corp. (“RCAC”) (NASDAQ: RCAC), a publicly traded special purpose acquisition company, announced today that the Securities and Exchange Commission (“SEC”) has declared effective RCAC’s registration Statement on Form S-4 (“Registration Statement”) in connection with Set Jet’s and RCAC’s previously announced proposed business combination (the “Business Combination”). The Registration Statement provides...

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New York Mortgage Trust Declares Fourth Quarter 2023 Common Stock Dividend of $0.20 Per Share, and Preferred Stock Dividends

New York Mortgage Trust Declares Fourth Quarter 2023 Common Stock Dividend of $0.20 Per Share, and Preferred Stock Dividends

NEW YORK, Dec. 14, 2023 (GLOBE NEWSWIRE) — New York Mortgage Trust, Inc. (Nasdaq: NYMT) (the “Company”) announced today that its Board of Directors (the “Board”) declared a regular quarterly cash dividend of $0.20 per share on shares of its common stock for the quarter ending December 31, 2023. The dividend will be payable on January 26, 2024 to common stockholders of record as of the close of business on December 26, 2023. In addition, the Board declared cash dividends on the Company’s 8.000% Series D Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock (“Series D Preferred Stock”), 7.875% Series E Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock (“Series E Preferred Stock”), 6.875% Series F Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock (“Series F Preferred Stock”) and 7.000% Series G Cumulative...

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AGF Management Limited Declares Fourth Quarter 2023 Dividend

AGF Management Limited Declares Fourth Quarter 2023 Dividend

TORONTO, Dec. 14, 2023 (GLOBE NEWSWIRE) — On December 14, 2023, the Board of Directors of AGF Management Limited declared a dividend of $0.11 per share on both the Class B Non-Voting shares and the Class A Voting common shares of the company. This dividend will be payable on January 16, 2024 to shareholders of record on January 8, 2024. About AGF Management Limited Founded in 1957, AGF Management Limited (AGF) is an independent and globally diverse asset management firm. Our companies deliver excellence in investing in the public and private markets through three distinct business lines: AGF Investments, AGF Private Capital and AGF Private Wealth. AGF brings a disciplined approach, focused on incorporating sound, responsible and sustainable corporate practices. The firm’s collective investment expertise, driven by its fundamental,...

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UMH PROPERTIES, INC. ANNOUNCES ADDITION TO FANNIE MAE CREDIT FACILITY

UMH PROPERTIES, INC. ANNOUNCES ADDITION TO FANNIE MAE CREDIT FACILITY

FREEHOLD, NJ, Dec. 14, 2023 (GLOBE NEWSWIRE) — UMH Properties, Inc. (NYSE: UMH) (TASE: UMH) today announced that it completed the addition of eight communities, containing 1,281 sites, to its Fannie Mae credit facility through Wells Fargo Bank, N.A., for total proceeds of approximately $57.7 million. It is a fixed rate, interest only loan at 5.97% with a 10-year term. The proceeds will be used to invest in additional acquisitions, expansions, rental homes and repay higher interest rate debt on a short-term basis. Samuel A. Landy, President and Chief Executive Officer, commented “We are proud to complete this loan which demonstrates the strength of our long-term value-added business plan. Six of these communities were acquired in 2013 and two of them were acquired in 2012. Our total investment in these communities, including capital...

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Cartier Resources Inc. Completes Private Placement

Cartier Resources Inc. Completes Private Placement

VAL-D’OR, Québec, Dec. 14, 2023 (GLOBE NEWSWIRE) — Cartier Resources Inc. (TSX-V: ECR) (“Cartier” or the “Company”) is pleased to announce that it has completed a non-brokered private placement of 13,000,000 national flow-through common shares (the “National Flow-Through Shares”) and 11,000,000 Québec flow-through common shares (the “Québec Flow-Through Shares”) for aggregate gross proceeds of $2,510,000 (the “Flow-Through Private Placement”). The National Flow-Through Shares were issued at a price of $0.10 per share and the Québec Flow-Through Shares were issued at a price of $0.11 per share. Each National FT Share and Québec FT Share (the “Flow-Through Shares”) will qualify as a “flow-through share” within the meaning of subsection 66(15) of the Income Tax Act (Canada) and, in respect of eligible Québec resident subscribers,...

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ATN International Board of Directors Expands Share Repurchase Program to $25 Million and Increases Dividend by 14%

ATN International Board of Directors Expands Share Repurchase Program to $25 Million and Increases Dividend by 14%

BEVERLY, Mass., Dec. 14, 2023 (GLOBE NEWSWIRE) — ATN International, Inc. (“ATN” or the “Company”) (Nasdaq: ATNI), today announced that the Company’s Board of Directors has authorized the expansion of the share repurchase program to $25 million of common stock and approved a quarterly dividend increase of 14% to $0.24 from $0.21 per share. The quarterly dividend will be payable on January 5, 2024, on all common shares outstanding to stockholders of record as of December 31, 2023. “As we approach 2024, we are moving into the final and smallest phase of ATN’s three-year infrastructure expansion plan, positioning us to increase direct capital returns to shareholders,” said Michael Prior, ATN’s Chairman and Chief Executive Officer. “The Board’s decision to expand the share repurchase plan and increase our quarterly dividend reflects...

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