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Year: 2023

Earthstone Declares Cash Dividend

THE WOODLANDS, Texas, Oct. 23, 2023 (GLOBE NEWSWIRE) — Earthstone Energy, Inc. (NYSE: ESTE) (“Earthstone”, the “Company”), today announced that its Board of Directors declared a cash dividend of $0.1446 per share of Class A and Class B common stock. The dividend is payable on November 6, 2023, to shareholders of record as of October 31, 2023 who hold their shares through the closing of Earthstone’s previously announced merger with Permian Resources Corporation (NYSE: PR) (“Permian Resources”). The special dividend is conditioned upon the closing of the transaction and is being declared in accordance with the terms of the merger agreement, which provides that (a) the record date of the special dividend will be the close of business on the business day immediately preceding the closing date and (b) the special dividend will be paid...

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HBT Financial, Inc. Announces Third Quarter 2023 Financial Results

Third Quarter HighlightsNet income of $19.7 million, or $0.62 per diluted share; return on average assets (ROAA) of 1.58%; return on average stockholders’ equity (ROAE) of 17.02%; and return on average tangible common equity (ROATCE)(1) of 20.70% Adjusted net income(1) of $20.3 million; or $0.63 per diluted share; adjusted ROAA(1) of 1.62%; adjusted ROAE(1) of 17.51%; and adjusted ROATCE(1) of 21.29% Asset quality remained strong with nonperforming assets to total assets of 0.16% Net interest margin of 4.07% and net interest margin (tax-equivalent basis)(1) of 4.13%BLOOMINGTON, Ill., Oct. 23, 2023 (GLOBE NEWSWIRE) — HBT Financial, Inc. (NASDAQ: HBT) (the “Company” or “HBT Financial” or “HBT”), the holding company for Heartland Bank and Trust Company, today reported net income of $19.7 million, or $0.62 diluted earnings...

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Titan Mining Announces Significant Graphite Discovery at Empire State Mines in Upstate New York, USA

Figure 1Kilbourn Cross SectionFigure 2Relative location of Kilbourne drilling and ESM’s #4 Mine and the Turnpike project.VANCOUVER, British Columbia, Oct. 23, 2023 (GLOBE NEWSWIRE) — Titan Mining Corporation (TSX:TI) (“Titan” or the “Company”) is pleased to announce the discovery of the Kilbourne graphite trend, an extensively drill tested graphite-bearing trend located on the permitted lands hosting Titan’s currently operating Empire State Mine (“ESM”) in upstate New York.   HighlightsAt or near surface targets with geological potential totaling between 210 and 1,050 million tons (Mt) grading between 2.0% and 4.5% graphitic carbon (Cg) Flake graphite is a key input to the auto industry battery supply chain and designated as a Critical Material by the United States Department of Energy There is no domestic...

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Gran Tierra Energy Inc. Announces Issuance of New 9.500% Senior Secured Amortizing Notes Due 2029 as part of the Previously Announced Exchange Offers

CALGARY, Alberta, Oct. 23, 2023 (GLOBE NEWSWIRE) — Gran Tierra Energy Inc. (“Gran Tierra” or the “Company”) (NYSE American:GTE) (TSX:GTE) (LSE:GTE) today announced the issuance of US$487,590,000 aggregate principal amount of its 9.500% Senior Secured Amortizing Notes due 2029 (the “New Notes”) as part of its previously announced offers to exchange (such offers, the “Exchange Offers”) the 6.250% Senior Notes due 2025 (the “2025 Notes”), issued by Gran Tierra Energy International Holdings Ltd., and the 7.750% Senior Notes due 2027 (the “2027 Notes”), issued by the Company. Gary Guidry, President and Chief Executive Officer of Gran Tierra, commented: “We are very pleased with the successful completion of the Exchange Offers which we believe is highly beneficial for both Gran Tierra and our stakeholders. The Company’s balance sheet...

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Bombardier Defense Delivers Global 6000 Aircraft to the U.S. Air Force Battlefield Airborne Communications Node (BACN) Program

U.S. Air Force’s Global 6000 aircraftBombardier Defense Delivers Global 6000 Aircraft to the U.S. Air Force Battlefield Airborne Communications Node (BACN) Program.Bombardier Defense delivered the seventh Global 6000 aircraft to the U.S. Air Force for the Battlefield Airborne Communications Node (BACN) program   Bombardier’s multi-year contract with the Air Force supports a unique and reliable airborne communications platform essential for critical missions around the world    Global business jets have become go-to platforms for special missions around the world, thanks to their speed, payload capacity, reduced cost of maintenance, fuel efficiency, reliability, and enduranceMONTRÉAL, Oct. 23, 2023 (GLOBE NEWSWIRE) — Bombardier recently celebrated the seventh delivery of a Global 6000 aircraft to the U.S. Air...

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P10 Appoints Luke Sarsfield as Chief Executive Officer

New CEO brings deep asset management and financial sector advisory experience to lead P10 in its next phase of growth Robert Alpert becomes Executive Chairman and Clark Webb becomes Executive Vice Chairman DALLAS, Oct. 23, 2023 (GLOBE NEWSWIRE) — P10, Inc. (NYSE: PX) (“P10” or the “Company”), a leading private markets solutions provider, today announced the appointment of Luke Sarsfield as the Company’s new Chief Executive Officer, effective immediately. Mr. Sarsfield was also appointed a member of the P10 Board of Directors. P10’s Co-Founders Robert Alpert and Clark Webb, will continue as members of the P10 Board and have been elected Executive Chairman and Executive Vice Chairman, respectively. In his new role, Mr. Alpert will support Mr. Sarsfield in corporate matters. Mr. Webb will direct his attention toward strategic opportunities...

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Verde Cultivates Financial Resilience with Banco do Brasil and Bradesco Backing

(All figures are in Canadian dollars, unless stated otherwise. Currency exchange rate: C$1.00 = R$3.70) SINGAPORE, Oct. 23, 2023 (GLOBE NEWSWIRE) — Verde AgriTech Ltd (TSX: “NPK”) (“Verde” or the “Company”) is pleased to announce that it has secured 16.2 million Canadian Dollars (“C$”) – 60 million Brazilian Reais (“R$”) – in debt financing facility from Banco do Brasil S.A. (“Banco do Brasil”) and Banco Bradesco S.A. (“Bradesco”), the two largest Brazilian banks (the “Financing”). The funds raised will be used to replace existing debt that were at higher interest rates and provide the Company with more favorable terms, including 6 months of grace period for Bradesco’s loan and 12 months for Banco do Brasil’s loan. This will enable Verde to offer financing solutions to potential customers, whilst fostering growth...

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Abaxx Announces CAD$27 Million Financing to Complete RMO and ACH License Requirements, Termination of ATM Program

This news release constitutes a “designated news release” for the purposes of the Company’s prospectus supplement dated April 26, 2023 to its short form base shelf prospectus dated November 4, 2021 /NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/ TORONTO, Oct. 23, 2023 (GLOBE NEWSWIRE) — Abaxx Technologies Inc. (NEO:ABXX)(OTCQX:ABXXF) (“Abaxx” or the “Company”), a financial software and market infrastructure company, majority shareholder of the Abaxx Commodity Exchange and Clearinghouse (“Abaxx Singapore”), and producer of the SmarterMarkets™ Podcast, is pleased to announce that is has entered into a binding term sheet for a financing with a strategic investor (the “Financing”). The Financing shall consist of an issuance of up to 4,695,653 common shares...

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USI Insurance Services Expands in Hawaii With the Acquisition of Cavanah Associates, Inc.

New Partnership Establishes a Hawaii-Based Presence for USI and Strengthens the Firm’s Commercial and Personal Risk Insurance Expertise VALHALLA, N.Y., Oct. 23, 2023 (GLOBE NEWSWIRE) — USI Insurance Services (“USI”), a world leader in risk management, employee benefit and retirement plan consulting, today announced the acquisition of Honolulu, Hawaii-based Cavanah Associates, Inc. Founded in 1976, Cavanah Associates is an independent brokerage firm specializing in commercial and personal risk insurance programs. Terms of the transaction were not disclosed. Commenting on the new partnership, Cavanah Associates President, Jim Cavanah, shared: “We are thrilled to be joining forces with an established industry leader such as USI, known for their best-in-class resources and industry expertise. Our valued clients throughout Hawaii will...

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Non-Invasive Prenatal Testing Market Size to Surpass USD 19.09 billion by 2030, exhibiting a CAGR of 17.8%

As per the report by Fortune Business Insights, the global Non-Invasive Prenatal Testing Market size is projected to reach USD 19.09 billion in 2030, at a CAGR of 17.8% during the forecast period, 2023-2030Non-invasive Prenatal Testing (NIPT) MarketNon-invasive Prenatal Testing (NIPT) Market Forecast, 2023-2030Pune, India, Oct. 23, 2023 (GLOBE NEWSWIRE) — The global Non-invasive prenatal testing (NIPT) market size was USD 5.20 billion in 2022 and expected to grow USD 19.09 billion by 2030, exhibiting a CAGR of 17.8% during the forecast period. The increasing technological advancements to improve non-invasive prenatal testing (NIPT) capabilities will drive market growth during the forecast period.  Fortune Business Insights™ mentioned this in a report titled “Non-Invasive Prenatal Testing (NIPT) Market, 2023-2030.”Request...

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