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Day: January 22, 2024

International Clean Power Dividend Fund Announces Distributions and Confirms Redemption Effective Date of March 27, 2024

TORONTO, Jan. 22, 2024 (GLOBE NEWSWIRE) — International Clean Power Dividend Fund (TSX: CLP.UN) (the “Fund”) is pleased to announce that distributions for the first quarter of 2024 will be payable to unitholders of International Clean Power Dividend Fund as follows:Record DatePayable Date Distribution PerTrust UnitJanuary 31, 2024 February 15, 2024 $0.04167February 29, 2024 March 15, 2024 $0.04167March 31, 2024 April 15, 2024 $0.04167On January 10, 2024, the Fund issued a press release (the “Press Release”) announcing its intention to merge into Infrastructure Dividend Split Corp. (the “Merger”), a split share corporation to be formed in connection with the Merger. Prior to the Merger, unitholders of the Fund will have the right to redeem their Fund units in accordance with the Fund’s Declaration of Trust with...

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Marathon Gold Announces Receipt of Final Court Order for Arrangement with Calibre

TORONTO, Jan. 22, 2024 (GLOBE NEWSWIRE) — Marathon Gold Corporation (“Marathon”; TSX: MOZ) is pleased to announce that the Ontario Superior Court of Justice (Commercial List) has granted the final order in connection with the previously announced statutory plan of arrangement (the “Arrangement”) involving Marathon and Calibre Mining Corp. (“Calibre”) pursuant to which Marathon shareholders (other than Calibre) will receive 0.6164 of a common share of Calibre for each common share of Marathon held. Closing of the Arrangement remains subject to certain customary closing conditions. Assuming the satisfaction of these closing conditions, the Arrangement is expected to be completed on January 24, 2024. For a more detailed description of the Arrangement, please refer to Marathon’s management information circular dated December 11, 2023,...

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SmartFinancial Announces Results for the Fourth Quarter 2023

KNOXVILLE, Tenn., Jan. 22, 2024 (GLOBE NEWSWIRE) — SmartFinancial, Inc. (“SmartFinancial” or the “Company”; NYSE: SMBK), today announced net income of $6.2 million, or $0.37 per diluted common share, for the fourth quarter of 2023, compared to net income of $13.0 million, or $0.77 per diluted common share, for the fourth quarter of 2022, and compared to prior quarter net income of $2.1 million, or $0.12 per diluted common share. Operating earnings1, which excludes non-recurring expenses related to a Community Reinvestment Act donation of a former branch location and accruals in respect of pending litigation, net of tax adjustments, totaled $6.9 million, or $0.41 per diluted common share, in the fourth quarter of 2023, compared to $12.9 million, or $0.76 per diluted common share, in the fourth quarter of...

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Evaxion Announces Completion of ADS Ratio Change

COPENHAGEN, Denmark, Jan. 22, 2024 (GLOBE NEWSWIRE) — Evaxion Biotech A/S (NASDAQ: EVAX) (“Evaxion” or the “Company”), a clinical-stage TechBio company specializing in developing AI-Immunology™ powered vaccines, today announced that the Company’s previously disclosed change to its ratio of its American Depositary Shares (“ADSs”) to its ordinary shares, DKK 1 nominal value (the “ADS Ratio”), has been made effective. The ratio has changed from one (1) ADS representing one (1) ordinary share to a new ADS Ratio of one (1) ADS representing ten (10) ordinary shares (the “ADS Ratio Change”). The ADS Ratio Change became effective on January 22, 2024 (the “Effective Date”). For the Company’s ADS holders, the change in the ADS Ratio has the same effect as a one-for-ten reverse ADS split and is intended to further support the...

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Alta Equipment Group Appoints Jeff Hoover as Chief Legal Officer and General Counsel

LIVONIA, Mich., Jan. 22, 2024 (GLOBE NEWSWIRE) — On January 18, 2024, Alta Equipment Group Inc. (NYSE: ALTG) (“Alta” or “the Company”), a leading provider of premium material handling, construction and environmental processing equipment and related services, appointed Jeff Hoover as Chief Legal Officer and General Counsel effective immediately. Mr. Hoover comes to Alta via Dinsmore & Shohl LLP, a national law firm, and prior to that Howard & Howard Attorneys, PLLC where he was a Partner at both firms and specialized in mergers and acquisitions, corporate finance, commercial lending, and real estate transactions. Mr. Hoover holds a Master’s of Business Administration in Finance from Eastern Michigan University and Doctorate of Law from Cooley Law School. As Chief Legal Officer, Mr. Hoover will report to Alta’s Chief...

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Okeanis Eco Tankers Corp. – Commercial Update

ATHENS, Greece, Jan. 22, 2024 (GLOBE NEWSWIRE) — Okeanis Eco Tankers Corp. (the “Company” or “OET” or “Okeanis”) (NYSE:ECO / OSE:OET), announced the following commercial update: For Q4 2023, as of the date of this release, the Company anticipates:Estimated fleetwide Daily Time Charter Equivalent Rate (“Daily TCE Rate”) of approximately $45,300 per operating day. Estimated VLCC Daily TCE Rate of $45,200 per operating day, all vessels trading spot. Estimated Suezmax Daily TCE Rate of $45,500 per operating day, including 147 days fixed on time-charter on two vessels; Estimated Suezmax Daily TCE Rate of $51,800 per operating day relating solely to Suezmax spot days.Thus far in the first quarter of 2024, as of the date of this release, the Company estimates:Approximately 61% of the available VLCC spot days have been booked at...

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Safeguard Scientifics Intends to File Form 25 to Voluntarily Delist its Common Stock from The Nasdaq Stock Market LLC

Radnor, Pa, Jan. 22, 2024 (GLOBE NEWSWIRE) — Safeguard Scientifics, Inc. (Nasdaq: SFE) (“Safeguard” or the “Company”) has announced today that it notified The Nasdaq Stock Market LLC (“Nasdaq”) that it intends to file Form 25 with the Securities and Exchange Commission (the “SEC”) on February 2, 2024 to voluntarily delist its shares of common stock from trading on Nasdaq in connection with its previously announced plan to deregister its common stock under the Securities Exchange Act of 1934, as amended (the “Exchange Act”). The Company expects that the delisting will occur ten days after the filing of Form 25, at which point, the Company intends to file a Form 15 with the SEC certifying that it has less than 300 shareholders of record, which will terminate the registration of the Company’s common stock under Section 12(g) of the...

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Mercer International Inc. Announces Conference Call for Fourth Quarter 2023 Results

NEW YORK, Jan. 22, 2024 (GLOBE NEWSWIRE) — Mercer International (NASDAQ: MERC) will release its fourth quarter results for the period ending December 31, 2023 on Thursday, February 15, 2024, after the close of the market. Juan Carlos Bueno, President and Chief Executive Officer and Richard Short, Chief Financial Officer and Secretary, will be hosting a conference call on Friday, February 16, 2024, at 10:00 am ET to discuss the results. The conference call will be available to interested parties live over the Internet through a webcast by clicking on or copying and pasting the following link into their web browser: https://edge.media-server.com/mmc/p/6gsbsf2n A link to the webcast is also available on the Investor Relations section of the company’s webpage. For those unable to participate in the live webcast, a replay of the webcast...

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ElectraMeccanica and Xos Host Joint Investor Call to Provide Shareholder Update

Webcast Scheduled for January 24 at 9:15am ET LOS ANGELES and MESA, Ariz., Jan. 22, 2024 (GLOBE NEWSWIRE) — Xos, Inc. (NASDAQ: XOS) (“Xos”), a leading electric truck manufacturer and fleet electrification services provider, and ElectraMeccanica (NASDAQ: SOLO) (“ElectraMeccanica”), a designer and assembler of electric vehicles, are pleased to announce a joint conference call for shareholders that will take place on Wednesday, January 24, at 9:15am ET. During the webcast, ElectraMeccanica CEO Susan E. Docherty and Xos CEO Dakota Semler will provide further information for investors about their proposed business combination that was announced on January 11th, 2024. Interested parties can register for the event up to 15 minutes before it begins using the following link: https://app.webinar.net/nlWDgOmx3PK. A recording of the call will...

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PDS Biotech Announces Retirement of Lauren V. Wood, M.D., and Appointment of Kirk V. Shepard, M.D., as Chief Medical Officer

Board-certified oncologist and hematologist brings over 30 years of medical affairs, clinical operations leadership and commercialization experience to the Company PRINCETON, N.J., Jan. 22, 2024 (GLOBE NEWSWIRE) — PDS Biotechnology Corporation (Nasdaq: PDSB) (“PDS Biotech” or “the Company”), a clinical-stage immunotherapy company developing a growing pipeline of targeted cancer immunotherapies and infectious disease vaccines based on the Company’s proprietary T cell activating platforms, today announced the appointment of Kirk V. Shepard, M.D., as Chief Medical Officer, effective January 22, 2024. Dr. Shepard succeeds Lauren V. Wood, M.D., who is retiring from the Company after five years in the role. Dr. Wood will continue to be available to PDS Biotech during a handover period to facilitate the transition of the role to Dr. Shepard. “We...

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