Day: December 19, 2023

TULSA, OK, Dec. 19, 2023 (GLOBE NEWSWIRE) — via NewMediaWire – AppSwarm, Corp. (OTC: SWRM), a collective of creative and technological minds focused on mobile application development, white-label solutions, cybersecurity and retail, announces its new COO and CTO Deep Moteria and updates for 2024. AppSwarm is excited to announce the appointment of Deep Moteria as its new Chief Operating Officer and Chief Technology Officer. AppSwarm CEO Christopher Bailey said, “Deep’s resume and business record speaks for itself. He will be a huge asset as we move into 2024.” About Deep: Deep Moteria, of Elluminati, is a passionate entrepreneur who has dedicated his career to helping startups and SMEs scale their businesses. He is the founder of Elluminati, a mobile app development company that assists startups and SMEs...

SUNNYVALE, Calif., Dec. 19, 2023 (GLOBE NEWSWIRE) — GSI Technology, Inc. (Nasdaq: GSIT), developer of the Gemini® Associative Processing Unit (APU) for AI and high-performance parallel computing (HPPC) and a leading provider of high-performance memory solutions for the networking, telecommunications, and military markets, today announced that management is participating in the iAccess Alpha Tax Loss Recovery Summit Virtual Conference on January 9 and 10, 2024. On behalf of the company Didier Lasserre, Vice President of Sales and Investor Relations, will deliver a company presentation at 1:30 p.m. Eastern time on January 9 and host one-on-one meetings the following day, January 10. iAccess Alpha hosts virtual investor conferences, where presenting companies are recommended by a network of investors known for generating alpha. The...

JEFFERSON CITY, Mo., Dec. 19, 2023 (GLOBE NEWSWIRE) — Hawthorn Bancshares, Inc. (NASDAQ: HWBK) (the “Company”), the parent company of Hawthorn Bank (the “Bank”), implemented a balance sheet repositioning strategy of its portfolio of available-for-sale investment securities. The Bank sold $83.7 million in book value of investment securities, with an average yield of 1.57%, for an after-tax realized loss of $9.1 million. Investment securities sold included $1.0 million of U.S. Treasury securities, $57.1 million of mortgage-backed securities, $20.5 million U.S. Government-sponsored agencies, and $5.1 million of municipal securities. The proceeds will be reinvested in assets with higher yields and to pay down borrowings. CEO Brent Giles stated, ” We elected to proactively reposition our securities portfolio...

VANCOUVER, British Columbia, Dec. 19, 2023 (GLOBE NEWSWIRE) —  Dominion Lending Centres Inc. (TSX:DLCG) (“DLCG” or the “Corporation”) is pleased to announce that it has amended and extended its credit facilities with The Toronto-Dominion Bank effective December 19, 2023. The maturity date for the credit facilities has been extended from December 22, 2024 to December 19, 2026. The amended credit facilities are comprised of two senior credit facilities (collectively, the “Senior Credit Facilities”) and a junior term credit facility (the “Junior Credit Facility”). The Senior Credit Facilities provide the Corporation with a $15 million revolving credit line and a term facility used to pay out the existing senior facilities (the term facility has $36 million drawn at closing). Interest on the Senior Credit Facilities is based on the...

Short-term headwinds include high supply and moderating economic growth, but long-term outlook remains positive MCLEAN, Va., Dec. 19, 2023 (GLOBE NEWSWIRE) — Freddie Mac (OTCQB: FMCC) released its 2024 Multifamily Outlook projecting the year ahead will bring positive growth despite continued headwinds for the multifamily industry, and that the long-term forecast for the asset class remains positive. The Outlook indicates an elevated multifamily supply pipeline, with peak completions predicted in 2024, will moderate potential rent gains, which are expected to be positive in the year ahead, although below longer-run averages. The Outlook also forecasts 2024 vacancy rates will be modestly higher than average but notes a more stable interest rate environment could help spur transaction volume in 2024, with demand for rentals driven...

Las Vegas, NV., Dec. 19, 2023 (GLOBE NEWSWIRE) — Titan Lithium Inc., (OTC Markets: CDSG) (the “Company” or “CDSG”) is pleased to announce it has come to a settlement agreement with EROP Enterprises, LLC on their note to issue 9,000,000 free trading shares and 9,000,000 shares restricted for a period of 2 years. This is a 1,600% reduction in convertible shares from 291 million to 18,000,000 shares emphasizing their commitment to the Titan Lithium Project. In the next quarterly filings, it will be reflected that this note has been settled in full. About the Company: China Dongsheng International Inc. (OTC Markets: CDSG), through its wholly owned subsidiary Titan Lithium, Inc., is a lithium explorer and developer with operations in Nevada, USA and The United Republic of Tanzania. Contact: Harp Sangha-Chairman sanghaharp1964@titanlithiuminc.com                         +1-702-595-2247 titanlithiuminc.com Forward-Looking...