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Day: March 5, 2024

F&M Bank Announces Promotion of Kevin Becker to Chief Credit Officer

Kevin BeckerKevin Becker promoted to Chief Credit OfficerARCHBOLD, Ohio, March 05, 2024 (GLOBE NEWSWIRE) — F&M Bank (“F&M”), an Archbold, Ohio based bank owned by Farmers & Merchants Bancorp, Inc. (Nasdaq: FMAO) today announced the promotion of Kevin Becker to Senior Vice President and Chief Credit Officer. Lars Eller, President and Chief Executive Officer stated, “We are thrilled to announce the promotion of Kevin Becker to Chief Credit Officer, a testament to our belief in fostering talent from within and recognizing the hard work and dedication that he has consistently demonstrated. Kevin’s profound understanding of our credit operations and unwavering commitment to our values of integrity and excellence have been instrumental in driving our success.” Mr. Becker began his career at F&M in 2015 and...

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CoreCivic Announces Upsizing and Pricing of $500 Million 8.25% Senior Notes Due 2029

BRENTWOOD, Tenn., March 05, 2024 (GLOBE NEWSWIRE) — CoreCivic, Inc. (NYSE: CXW) (“CoreCivic”) announced today that it successfully upsized and priced its offering of $500 million aggregate principal amount of 8.25% senior notes due 2029 (the “Notes”). The aggregate principal amount of the Notes to be issued in the offering was increased to $500 million from the previously announced $450 million. The Notes will be senior unsecured obligations of CoreCivic and will be guaranteed on a senior unsecured basis by all of CoreCivic’s subsidiaries that guarantee its existing senior secured credit facilities, 4.75% senior unsecured notes due October 2027 and 8.25% senior unsecured notes due 2026 (the “2026 Notes”). The aggregate net proceeds from the sale of the Notes are expected to be approximately $490.3 million, after deducting the underwriting...

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Web Hosting Canada Acquires Mustang Technologies

MONTREAL, March 05, 2024 (GLOBE NEWSWIRE) — Web Hosting Canada announces the acquisition of Mustang Technologies, a leader in web hosting, domain services, and advanced cloud solutions based in Montreal. This acquisition marks another step in WHC’s ongoing commitment to Canadian businesses and keeps Canada’s tech landscape strong. About WHC Located in Montreal’s Little Italy, Web Hosting Canada (known as WHC) has been empowering Canadian businesses online since 2003. Today, over 65,000 clients trust WHC with their hosting, domain names, websites, and emails. About Mustang Rooted in Montreal Mustang was among the first 4 providers to offer Internet access in Quebec back in 1994! Today, Mustang Technologies is known for advanced hosting, particularly with AWS and Plesk. Merging Technologies This acquisition merges Mustang’s...

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AGF Management Limited to Release First Quarter 2024 Financial Results on April 4, 2024

TORONTO, March 05, 2024 (GLOBE NEWSWIRE) — AGF Management Limited (TSX: AGF.B) will release its financial results for Q1 2024 on Thursday, April 4, 2024 at approximately 7:30 a.m. ET. AGF will hold a conference call and webcast to discuss these results at 11:00 a.m. ET. The discussion will feature remarks by Kevin McCreadie, Chief Executive Officer and Chief Investment Officer, and Ken Tsang, Chief Financial Officer. Judy G. Goldring, President and Head of Global Distribution, and Ash Lawrence, Head of AGF Capital Partners, will also be available for the question-and-answer period with investment analysts following the presentation. The live audio webcast with supporting materials will be available in the Investor Relations section of AGF’s website at www.agf.com or at https://edge.media-server.com/mmc/p/avwkx8wd/. Alternatively,...

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ADC Therapeutics Announces Abstracts Accepted for Presentation at the American Association for Cancer Research (AACR) Annual Meeting

Preclinical data support future clinical development of ADCs targeting Claudin-6 and NaPi2b Additional presentations include clinical and independent preclinical studies evaluating ADCT-601 targeting AXL LAUSANNE, Switzerland, March 05, 2024 (GLOBE NEWSWIRE) — ADC Therapeutics SA (NYSE: ADCT) today announced abstracts on its novel antibody drug conjugates (ADCs) have been accepted for presentation at the American Association for Cancer Research (AACR) Annual Meeting, which will be held in San Diego, CA from April 5-10, 2024. “We’re excited to share compelling preclinical data supporting the future clinical development of the next-generation ADCs in our solid tumor portfolio, including those targeting Claudin-6 and NaPi2b, at the AACR Annual Meeting,” said Mohamed Zaki, MD, PhD, Chief Medical Officer of ADC Therapeutics. “We’re...

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Genie Energy to Report Fourth Quarter and Full Year 2023 Results

NEWARK, NJ, March 05, 2024 (GLOBE NEWSWIRE) — Genie Energy Ltd., (NYSE: GNE, GNEPRA), a leading retail energy and renewable energy solutions provider, will announce financial and operational results for the fourth quarter and full year 2023 on Monday, March 11, 2024. Genie Energy will issue an earnings release over a wire service and post it in the “Investors” section of the Genie Energy website (https://genie.com/investors/quarterly-earnings/) at 7:30 AM Eastern. The release also will be filed in a current report (Form 8-K) with the SEC. At 8:30 AM Eastern, Genie Energy’s management will host a conference call to discuss financial and operational results, business outlook, and strategy. The call will begin with management’s remarks followed by Q&A with investors. To participate in the conference call, dial 1-877-545-0523...

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Topicus.com Coöperatief U.A. and Topicus.com Inc. declare a special dividend

TORONTO, March 05, 2024 (GLOBE NEWSWIRE) — Topicus.com Inc. (the “Company”) (TSXV: TOI), announced today the declaration by its subsidiary Topicus.com Coöperatief U.A. (the “Coop”, and together with the Company “Topicus”) of a special dividend in the amount of €1.54 per ordinary unit (the “Coop Dividend”). As a result of its ownership in the Coop, the Company will receive approximately €127.6 million of the aggregate amount of the Coop Dividend. As such, the Company has declared a €1.54 per share special dividend payable on March 28, 2024, to all holders of its subordinate voting shares and super voting share of record as of the close of business on March 15, 2024 (the “Topicus Dividend”). The Topicus Dividend has been designated as an eligible dividend for the purposes of the Income Tax Act (Canada). Robin van Poelje, the Chief...

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Marathon Digital Holdings Announces Bitcoin Production and Mining Operation Updates for February 2024

– Increased Energized Hash Rate 9% M/M to 28.7 EH/s – Increased BTC Holdings to 16,930 BTC; Total Cash and BTC of $1.5B as of February 29, 2024 Fort Lauderdale, FL, March 05, 2024 (GLOBE NEWSWIRE) — Marathon Digital Holdings, Inc. (NASDAQ:MARA) (“Marathon” or “Company”), a leader in supporting and securing the Bitcoin ecosystem, today published unaudited bitcoin (“BTC”) production and miner installation updates for February 2024. Management Commentary“The operational challenges that commenced in January, continued into February and reduced our operational hash rate and our bitcoin production for the month,” said Fred Thiel, Marathon’s chairman and CEO. “The Garden City and Ellendale sites, which are operated by Applied Digital and collectively represent approximately 43% of our energized hash...

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ThreeD Capital Inc. Announces Private Placement with Sariel Diagnostics Corp.

TORONTO, March 05, 2024 (GLOBE NEWSWIRE) — ThreeD Capital Inc. (“ThreeD” or the “Company”) (CSE:IDK) (OTCQB:IDKFF), a Canadian-based venture capital firm focused on opportunistic investments in companies in the junior resources and disruptive technologies sectors, is pleased to announce a proposed private placement (the “Private Placement”) with Sariel Diagnostics Corp. (“Sariel”), a privately held corporation existing under the laws of the Province of British Columbia. Per the terms of the Private Placement, ThreeD will acquire 3,750,000 common shares of Sariel at a price of $0.02 per share. In consideration, ThreeD will issue an aggregate of 150,000 common shares of the Company at a deemed price of $0.50 per common share. The Private Placement remains subject to the approval of the Canadian Securities Exchange. About ThreeD Capital...

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Calian Strengthens Nuclear Capability with Acquisition of MDA Ltd. Nuclear Assets

OTTAWA, March 05, 2024 (GLOBE NEWSWIRE) — Calian Group Ltd. (TSX: CGY), a diverse products and services company providing innovative healthcare, communications, learning and cybersecurity solutions, and MDA Ltd (TSX:MDA), a trusted global mission partner, have completed a transaction in which Calian has purchased assets associated with MDA’s nuclear services. MDA has provided professional services to the Canadian nuclear industry for more than 30 years, supported by a highly specialized team of engineers delivering complex project planning and management for large nuclear outages and refurbishment projects, including experience in nuclear outage tooling. MDA’s nuclear team will be integrated into Calian’s existing Nuclear business within its Advanced Technologies segment. “The MDA Nuclear team will add new capabilities and services...

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