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Month: February 2024

Matt Bonakdarpour Elevated to President and Chief Technology Officer at Root

The tech company promotes CTO to expanded role leading company-wide strategic and operational effortsMatt Bonakdarpour, President and CTO of Root, Inc.As Chief Technology Officer, Bonakdarpour leads the Data Science, Analytics, Engineering, IT, InfoSec, State Management, Marketing, and Pricing Actuarial teams at Root. As the newly appointed President and CTO, Bonakdarpour has assumed a more comprehensive role, guiding the company’s prioritization and initiatives in support of profitability and growth.COLUMBUS, Ohio, Feb. 20, 2024 (GLOBE NEWSWIRE) — Root, Inc. (NASDAQ: ROOT), a leading technology company powering insurance solutions and the parent company of Root Insurance, announced today the promotion of Matt Bonakdarpour to President and Chief Technology Officer (CTO). Since joining Root in 2018, Bonakdarpour’s...

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Giyani Announces Grant of Stock Options and RSUs

TORONTO, Feb. 20, 2024 (GLOBE NEWSWIRE) — Giyani Metals Corp. (TSXV:EMM, GR:A2DUU8) (“Giyani” or the “Company“), developer of the K.Hill battery-grade manganese project in Botswana (“K.Hill” or the “Project“) announces that 5,200,000 stock options (each an “Option”) and 2,350,091 Restricted Share Units (“RSU“) have been granted to certain directors, officers and management of the Company and its subsidiaries in accordance with the Company’s Stock Option and Restricted Share Unit Plans. The grants follow a review by the Company’s board of directors of management’s performance in 2023, as well as the establishment of the 2024 performance criteria for the management team. Of the total Option grant, 1,500,000 Options have been granted to officers, 3,500,000 Options...

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Vornado Realty Trust Announces Famed Avra Group Will Open a New 20,000 SF Restaurant in THE PENN DISTRICT

NEW YORK, Feb. 20, 2024 (GLOBE NEWSWIRE) — Vornado Realty Trust (NYSE:VNO) announced today that The Avra Group will open its famed Mediterranean restaurant in THE PENN DISTRICT, one of the most desirable and convenient locations in Manhattan, sitting directly atop Penn Station. The restaurant, which will be located at 390 Ninth Avenue at 33rd Street, will feature a 150-seat outdoor café, and serve as the cornerstone of an extensive food and beverage program in THE PENN DISTRICT. Co-owned by Nick Tsoulos and Nick Pashalis, this marks The Avra Group’s fourth restaurant in New York City, in addition to outposts in Beverly Hills and Miami. Avra Estiatorio in THE PENN DISTRICT will be reminiscent of a classic Mediterranean restaurant with an elegant design led by Rockwell Group Partner and Studio Leader Shawn Sullivan. The restaurant,...

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Form 8.3 – [YOUNG & CO.’S BREWERY PLC 19 02 2024] – (CGWL)

FORM 8.3 PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORERule 8.3 of the Takeover Code (the “Code”) 1.        KEY INFORMATION(a)   Full name of discloser: CANACCORD GENUITY WEALTH LIMITED (for Discretionary clients)(b)   Owner or controller of interests and short positions disclosed, if different from 1(a):        The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named. N/A(c)   Name of offeror/offeree in relation to whose relevant securities this form relates:        Use a separate form for each offeror/offeree YOUNG & CO.’S BREWERY PLC(d)   If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree: N/A(e)   Date...

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Form 8.3 – [MOLTEN VENTURES PLC – 19 02 2024] – (CGAML)

FORM 8.3 PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORERule 8.3 of the Takeover Code (the “Code”) 1.        KEY INFORMATION(a)   Full name of discloser: CANACCORD GENUITY ASSET MANAGEMENT LIMITED (for Discretionary Clients)(b)   Owner or controller of interests and short positions disclosed, if different from 1(a):        The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named. N/A(c)   Name of offeror/offeree in relation to whose relevant securities this form relates:        Use a separate form for each offeror/offeree MOLTEN VENTURES PLC(d)   If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree: N/A(e)   Date...

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Enstar Group Limited Reports Fourth Quarter and 2023 Year-End Results

Full year 2023 Net Income attributable to Enstar Ordinary Shareholders of $1.1 billion, Return on Equity of 24.2% and Growth in Book Value per Ordinary Share of 31.0% to $343.45 (Fully Diluted* $336.72) Fourth Quarter Net Income attributable to Enstar Ordinary Shareholders of $599 million and Return on Equity of 13.7% Closed Previously Announced Transaction with AIG Repurchased 841,735 Voting Ordinary Shares for $191 Million at a Significant Discount to Book Value Per Ordinary ShareHAMILTON, Bermuda, Feb. 20, 2024 (GLOBE NEWSWIRE) — Enstar Group Limited (Nasdaq: ESGR) today announced financial results for the fourth quarter and full year 2023.Fourth Quarter 2023 Highlights: Net income attributable to Enstar ordinary shareholders of $599 million, or $39.71 per diluted ordinary share, for the quarter compared to net loss...

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Tactile Systems Technology, Inc. Reports Fourth Quarter and Full Year 2023 Financial Results; Introduces Full Year 2024 Outlook

Full Year Revenue Increased 11% Year-Over-Year; Full Year Net Income Increased 260%; Full Year Adjusted EBITDA Increased 62% MINNEAPOLIS, Feb. 20, 2024 (GLOBE NEWSWIRE) — Tactile Systems Technology, Inc. (“Tactile Medical”; the “Company”) (Nasdaq: TCMD), a medical technology company providing therapies for people with chronic disorders, today reported financial results for the fourth quarter and full year ended December 31, 2023. Fourth Quarter 2023 Highlights:Total revenue increased 5% over prior year to $77.7 million Net income increased 77% over prior year to $8.2 million Adjusted EBITDA increased 27% over prior year to $15.4 million Retired $16.8 million revolving line of credit and completed final $5.6 million earnout payment Welcomed Vindell Washington, M.D. to Board of DirectorsFull Year 2023 Highlights:Treated over...

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Lipella Pharmaceuticals to Present at PropThink Digital Investor Conference

Chief Medical Officer Dr. Michael Chancellor will discuss hemorrhagic cystitis and the company’s lead candidate, LP-10 PITTSBURGH, Feb. 20, 2024 (GLOBE NEWSWIRE) — Lipella Pharmaceuticals Inc., (Nasdaq: LIPO) (“Lipella,” “our,” “us” or the “Company”), a pioneering, clinical-stage pharmaceutical company, announced today that Chief Medical Officer Dr. Michael Chancellor will present at the PropThink Digital Investor Conference’s key opinion leader (KOL) discussion on Friday, February 23, 2024, at 2 PM ET. Dr. Chancellor’s presentation will be titled: “Urologist Talks Bladder Cancer and Lasting Side Effects”. PropThink is a leading online destination for investors seeking insights on publicly-traded, emerging growth companies in the healthcare sector.Webinar Information:     Date:   Friday,...

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Holiday Island Holdings, Inc. Secures a Letter of Intent to Enter Into a Joint Venture With a Highly Experienced International Oil Company to Drill for Oil in Texas

PLANT CITY, Fla., Feb. 20, 2024 (GLOBE NEWSWIRE) — Holiday Island Holdings, Inc., dba EP3OIL, (OTC: HIHI) – operating in the Secondary Recovery of Oil & Gas Industry – has accepted a Letter of Intent to enter into a Joint Venture wherein it will receive $2.5 million from a highly experienced international oil company – Supeca Oil –  to develop the Drummond Oil Field located in West Texas. Projections on this field, as reported by Benchmark Petroleum Partners, indicated a significant increase in gross revenue of oil production over its life. Glenn Klinker, CEO and Chairman of EP3OIL, says: “I am so happy with the confidence investors have instilled in EP3OIL and our ability to produce highly rewarding oil production.” Our recently appointed Vice President and Marketing Director for Latin America, Mr. Alverico Asencio,...

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Prosper Gold Enters Into Option Agreement to Acquire 100% of the Kaza and Northstar Properties in British Columbia, Canada

Figure 1.Map showing location of Northstar and Kaza claim groups in relation to existing copper ± gold prospects in north-central British Columbia.Figure 2.Compilation map of primary target on the Kaza Claims, showing geophysical anomalies in relation to geochemical sampling results and mapped geology.Figure 3.Map showing copper geochemistry and mapped geology at the area of historical exploration on the Northstar Claims.VANCOUVER, British Columbia, Feb. 20, 2024 (GLOBE NEWSWIRE) — Prosper Gold Corp. (“Prosper Gold” or the “Company”) (TSXV:PGX) is pleased to announce that the Company has entered into a definitive option agreement (the “Option Agreement”) with several individuals (collectively, the “Optionors”), whereby the Optionors have granted the Company the option to acquire a 100% interest (the “Option”)...

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