Day: March 15, 2024

ARMOUR Residential REIT, Inc. Announces Retirement of Founder and Co-CEO Jeffrey J. Zimmer

Written by Customer Service on March 15, 2024. Posted in Public Companies.

VERO BEACH, Florida, March 15, 2024 (GLOBE NEWSWIRE) — ARMOUR Residential REIT, Inc. (NYSE: ARR and ARR PRC) (“ARMOUR” or the “Company”) today announced that Jeffrey J. Zimmer will retire as Co-Chief Executive Officer, President, Vice Chair and director of the Company. Mr. Zimmer has agreed to serve as an ex-officio, non-voting special advisor to the Board of Directors of the Company. Mr. Zimmer will also continue serving as a Co-Managing Member of ARMOUR Capital Management LP, ARMOUR’s external manager (“ACM”), to advise on finance, lending and trading activities, including capital markets strategies, funding, repurchase lending and ARMOUR’s mortgage-backed securities (MBS) portfolio. Daniel C. Staton, Chairman of the ARMOUR Board, commented, “The Board and I are very grateful to Jeff for his leadership in founding and building...

Metasphere Labs Files Financial Statements for Second Quarter Ended January 31, 2024

Written by Customer Service on March 15, 2024. Posted in Earnings Releases And Operating Results.

VANCOUVER, British Columbia, March 15, 2024 (GLOBE NEWSWIRE) — Metasphere Labs Inc. (formerly Looking Glass Labs Ltd., “Metasphere” or the “Company”) (Cboe Canada: LABZ) (OTC: LABZF) (FRA: H1N), a leading innovator in blockchain technology and decentralized finance (DeFi) applications, announces its financial results for the second quarter ended January 31, 2024. The Company’s interim consolidated financial statements for the interim period ended January 31, 2024, as well as its accompanying management discussion and analysis have been filed on under the Company’s profile on SEDAR+ at www.sedarplus.ca. ABOUT METASPHERE LABS Headquartered in Vancouver, British Columbia, Metasphere Labs (“LABZ“) develops metaverse environments, DAO solutions, gamification, and Web3 / blockchain monetisation...

MegaWatt Announces Closing of Final Tranche of Concurrent Private Placement of Shares and Engagement of Outside The Box Capital for Marketing Services

Written by Customer Service on March 15, 2024. Posted in Public Companies.

Vancouver, British Columbia, March 15, 2024 (GLOBE NEWSWIRE) — MegaWatt Lithium and Battery Metals Corp. (CSE:MEGA) (FSE: WR20) (OTCQB: WALRF) (the “Company” or “MegaWatt“) announces, further to its news releases of January 23, January 25, January 30, 2024 and March 8, 2024, that the Company has closed the second and final tranche of the previously announced concurrent non-brokered private placement of common shares in the capital of the Company (the “Shares”) by the issuance of 1,300,000 Shares at $0.10 per Share for gross proceeds of $130,000.00 (the “Concurrent PP”). All securities issued in connection with the Concurrent PP are subject to a statutory hold period of four months plus a day in accordance with applicable securities legislation ending on July 16, 2024. In connection with the Concurrent PP,...

Allco Solutions, LLC: A Groundbreaking Merger Redefining Industrial Inspection Services

Written by Customer Service on March 15, 2024. Posted in Mergers And Acquisitions.

HOUSTON, March 15, 2024 (GLOBE NEWSWIRE) — A transformative merger has been announced in the industrial inspection services sector with the formation of Allco Solutions, LLC, a dynamic new company resulting from the integration of GIR Solutions, GIR Mechanical Integrity, and CCI Inspection Services. This merger brings together three industry leaders to create a company unlike any other, offering comprehensive mechanical integrity inspections alongside coating and corrosion inspections, all under one roof. Founded by Jonell Nixon in 1986, CCI Inspection Services has long been recognized for its commitment to excellence in providing top-tier inspection solutions. Over the years, the company has earned a reputation for its meticulous approach to protective coatings and corrosion mitigation, setting industry standards and delivering...

Peyto Exploration & Development Corp. Confirms Monthly Dividend for April 15, 2024

Written by Customer Service on March 15, 2024. Posted in Dividend Reports And Estimates.

CALGARY, Alberta, March 15, 2024 (GLOBE NEWSWIRE) — Peyto Exploration & Development Corp. (TSX: PEY) (“Peyto”) confirms that the monthly dividend with respect to March 2024 of $0.11 per common share is to be paid on April 15, 2024, for shareholders of record on March 31, 2024. Dividends paid by Peyto to Canadian residents are eligible dividends for Canadian income tax purposes. Shareholders and interested investors are encouraged to visit the Peyto website at www.peyto.com to learn more about what makes Peyto one of North America’s most exciting energy companies. The website also includes a monthly report, which discusses various topics chosen by the President and CEO and includes estimates of monthly capital expenditures and production. For further information please contact: Jean-Paul LachancePresident and Chief...

Legacy Housing Corporation Reports Full Year 2023 Financial Results

Written by Customer Service on March 15, 2024. Posted in Earnings Releases And Operating Results.

BEDFORD, Texas, March 15, 2024 (GLOBE NEWSWIRE) — Legacy Housing Corporation (the “Company” or “Legacy”, NASDAQ: LEGH) today announced its financial results for the full year end December 31, 2023. Financial HighlightsNet revenue for the year ended 2023 was $189.1 million, a decrease of 26.4% from the year ended 2022. Income from operations for the year ended 2023 was $64.6 million, a decrease of 17.2% from the year ended 2022. Net income for the year ended 2023 was $54.5 million, a decrease of 19.6% from the year ended 2022. Basic earnings per share for the year ended 2023 was $2.23, a decrease of 19.7% from the year ended 2022. Book value for year ended 2023 was $436.7 million, an increase of 14.3% from the year ended 2022. Book value per share1 for year ended 2023 was $17.91, an increase of 14.2% from the year...

Colabor Group Confirms the Closing of the Acquisition of Assets Related to the Foodservice Sector

Written by Customer Service on March 15, 2024. Posted in Mergers And Acquisitions.

SAINT-BRUNO-DE-MONTARVILLE, Quebec, March 15, 2024 (GLOBE NEWSWIRE) — Colabor Group Inc. (TSX: GCL) (“Colabor” or the “Company”) confirms the closing of the acquisition of certain assets from Beaudry & Cadrin Inc. (“Groupe Beaudry”), as announced on February 29. The acquisition includes assets related to foodservice activities (restaurants, hotels, institutions and others for on-site consumption by customers) in Quebec of Groupe Beaudry, and the related inventories. These activities represent approximately 15 million dollars in annual revenues and will be served mainly from our facility located in Saint-Nicolas. Groupe Beaudry has been a distributor since 1899 and a business partner of Colabor for many years, being a customer of Colabor’s wholesale segment. The acquisition of this new clientele will allow the Company to consolidate...

POET Technologies Reports Fourth Quarter 2023 Financial Results

Written by Customer Service on March 15, 2024. Posted in Earnings Releases And Operating Results.

TORONTO, March 15, 2024 (GLOBE NEWSWIRE) — POET Technologies Inc. (“POET” or the “Company”) (TSX Venture: PTK; NASDAQ: POET), the designer and developer of Photonic Integrated Circuits (PICs), light sources and optical modules for the AI and data center markets, today reported its audited consolidated financial results for the fourth quarter ended December 31, 2023. The Company’s financial results as well as the Management Discussion and Analysis have been filed on SEDAR. All financial figures are in United States dollars (“USD”) unless otherwise indicated. Fourth Quarter and Recent Business Highlights: The Company achieved the following during the three months ended December 31, 2023 and more recently:Closed a public offering of 1,786,000 common shares of the Company and warrants to purchase 1,786,000 common shares of the Company...

Ready Capital Corporation Declares First Quarter 2024 Dividends

Written by Customer Service on March 15, 2024. Posted in Dividend Reports And Estimates.

NEW YORK, March 15, 2024 (GLOBE NEWSWIRE) — Ready Capital Corporation (NYSE:RC) (the “Company”) announced that its Board of Directors declared a quarterly cash dividend of $0.30 per share of common stock and Operating Partnership unit for the quarter ended March 31, 2024. This dividend is payable on April 30, 2024, to shareholders of record as of the close of business on March 28, 2024. Additionally, the Company announced that its Board of Directors declared quarterly cash dividends on its 6.25% Series C Cumulative Convertible Preferred Stock (the “Series C Preferred Stock”), and its 6.50% Series E Cumulative Redeemable Preferred Stock (the “Series E Preferred Stock”). The Company declared a dividend of $0.390625 per share of Series C Preferred Stock payable on April 15, 2024, to Series C Preferred stockholders of record as of...

Infinera Corporation Announces Notification of Delinquency with Nasdaq

Written by Customer Service on March 15, 2024. Posted in Public Companies.

SAN JOSE, Calif., March 15, 2024 (GLOBE NEWSWIRE) — Infinera (NASDAQ: INFN) announced today that it received an expected delinquency notification letter from the Listing Qualifications Staff of The Nasdaq Stock Market LLC (“Nasdaq”) on March 15, 2024 (the “Notice”). The Notice indicated that Infinera was not in compliance with Nasdaq Listing Rule 5250(c)(1) (the “Listing Rule”) as a result of its failure to timely file its Annual Report on Form 10-K for the year ended December 30, 2023 (the “Form 10-K”), as described more fully in Infinera’s Form 12b-25 Notification of Late Filing (the “12b-25”) filed with the Securities and Exchange Commission (the “SEC”) on February 29, 2024. The Listing Rule requires listed companies to timely file all required periodic financial reports with the SEC. Nasdaq has...

Day: March 15, 2024

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