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Day: June 14, 2024

Discovery Engages ICP Securities Inc. for Automated Market Making Services

TORONTO, June 14, 2024 (GLOBE NEWSWIRE) — Discovery Silver Corp. (TSX: DSV, OTCQX: DSVSF) (“Discovery” or the “Company”) today announced an agreement (the “Agreement”) to engage the services of ICP Securities Inc. (“ICP”) to provide automated market making services, including the use of its proprietary algorithm, ICP Premium™, in compliance with the policies and guidelines of the TSX Exchange and other applicable legislation. Under terms of the Agreement, ICP will receive a monthly fee, with there being no performance-based factors. No stock options or other forms of equity-based compensation will be granted in connection with the Agreement. ICP and its clients may choose to acquire an interest in the securities of the Company in the future. ICP is an arm’s length party to the Company. ICP’s market making activity...

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Black Hills Corp. Colorado Electric Utility Proposes First Electric Rate Review in 8 Years

RAPID CITY, S.D., June 14, 2024 (GLOBE NEWSWIRE) — Black Hills Corp. (NYSE: BKH) today announced its Colorado electric utility, Black Hills Colorado Electric, LLC, doing business as Black Hills Energy, filed a request with the Colorado Public Utilities Commission seeking to update its electric rates to account for the rising cost of operating, maintaining and upgrading its Southern Colorado electric system which serves over 100,000 customers in Pueblo, Cañon City, Rocky Ford and surrounding communities. Since its last general rate filing in 2016, Black Hills Energy has deployed approximately $371 million in strategic capital investments vital to providing safe and reliable electric service to its customers and plans to invest approximately $98 million in additional capital in 2024. These investments include upgrades made to support...

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First Guaranty Bancshares, Inc. Declares 124th Consecutive Quarterly Cash Dividend to Shareholders

HAMMOND, La., June 14, 2024 (GLOBE NEWSWIRE) — On June 14, 2024 the Board of Directors of First Guaranty Bancshares, Inc. (“First Guaranty”) declared a quarterly cash dividend on First Guaranty’s outstanding shares of common stock of $0.16 per share. The dividend will be payable to shareholders of record as of June 25, 2024 and is expected to be paid on June 28, 2024. This is the 124th consecutive quarterly dividend paid to common shareholders. Sincerely, Michael R. MineerPresident and CEOFirst Guaranty Bancshares, Inc. About First Guaranty First Guaranty Bancshares, Inc. is the holding company for First Guaranty Bank, a Louisiana state-chartered bank. Founded in 1934, First Guaranty Bank offers a wide range of financial services and focuses on building client relationships and providing exceptional customer service. First Guaranty...

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FOXO Technologies Inc. Announces Receipt of Notice of Non-Compliance with NYSE Continued Listing Requirements; Completes Steps it Believes are Required to Regain Compliance

MINNEAPOLIS, June 14, 2024 (GLOBE NEWSWIRE) — FOXO Technologies Inc. (NYSE American: FOXO) (the “Company” or “FOXO”), reports that it has received an official notice of noncompliance (the “NYSE American Notice”) from NYSE Regulation (“NYSE”) stating that the Company is not in compliance with NYSE American continued listing standards (the “Delinquency Notification”) due to an outstanding balance of listing fees over 180 days old and NYSE provided the Company until June 7, 2024 to provide payment before the Company would become subject to the noncompliance procedures (the “Delinquency”). Although the Company failed to pay the fee by the June 7, 2024 deadline, the Company has subsequently made the required payments and believes it is now in a position to regain compliance. Mark White, Interim CEO of FOXO, said, “We regret the delinquency,...

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ArrowMark Financial Corp. Announces Q1 2024 Results and Cash Distribution of $0.45 per Share for the Second Quarter 2024

DENVER, June 14, 2024 (GLOBE NEWSWIRE) — ArrowMark Financial Corp. (Nasdaq: BANX) (“ArrowMark Financial” or the “Company”), an SEC registered closed-end management investment company, today announced that its Board of Directors has declared a cash distribution of $0.45 per share for the second quarter 2024. The total distribution of $0.45 per share will be payable on June 28, 2024 to shareholders of record on June 24, 2024. “We are very pleased to announce the net income for Q1 2024 was $0.70 per share, well in excess of the quarterly distribution amount of $0.45 per share. Over the past four years, the Fund has consistently over-earned its quarterly distribution rate. This has allowed the Fund to deliver on its objective to provide shareholders with consistent income” said Chairman & CEO Sanjai Bhonsle. About...

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Arhaus Debuts New Showroom in Carlsbad, California

The premium home retailer unveils its second location in San Diego CountyArhaus Showroom CarlsbadArhaus Showroom CarlsbadArhaus Showroom CarlsbadArhaus Showroom CarlsbadBOSTON HEIGHTS, Ohio, June 14, 2024 (GLOBE NEWSWIRE) — Arhaus, a leader in artisan-crafted furniture and home décor, announces the opening of its new 15,411 square-foot showroom at The Beacon La Costa in Carlsbad, California. Located in the coastal city north of San Diego, Arhaus promises an inspiring destination for high-quality furniture and home décor, alongside the center’s collection of thoughtfully curated shops, eateries, and more. This showroom marks the brand’s twelfth location in California, and sixth to open within the past year as part of Arhaus’ ongoing West Coast expansion. Other nearby locations include Newport Beach and San...

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Tenaris completes Third Tranche and commences Fourth Tranche of its USD1.2 Billion Share Buyback Program

LUXEMBOURG, June 14, 2024 (GLOBE NEWSWIRE) — Tenaris S.A. (NYSE and Mexico: TS and EXM Italy: TEN) (“Tenaris”) announced today the completion of the third tranche and the commencement of the fourth tranche of its USD1.2 billion Share Buyback Program announced on November 1, 2023 (the “Program”). During the third tranche, which ran from May 13, 2024, to (and including) June 13, 2024, the Company purchased a total of 18,080,524 ordinary shares for a total consideration of EUR276,630,414, or USD300 million. As of June 14, 2024, the Company held in treasury 34,447,527 ordinary shares (including 16,367,003 ordinary shares bought in the second tranche), equal to 2.96% of the total issued share capital. On June 14, 2024, Tenaris entered into a non-discretionary buyback agreement with a primary financial institution (the “Bank”) for the...

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ASLAN Pharmaceuticals Announces Plan to Implement ADS Ratio Change

SAN MATEO, Calif. and SINGAPORE, June 14, 2024 (GLOBE NEWSWIRE) — ASLAN Pharmaceuticals (“ASLAN” or the “Company”, Nasdaq: ASLN), a clinical-stage, immunology-focused biopharmaceutical company developing innovative treatments to transform the lives of patients, today announced that it plans to change the ratio of the American Depositary Shares (“ADSs”) to its ordinary shares, par value $0.01 per share, from one (1) ADS representing twenty-five (25) ordinary shares to one (1) ADS representing two hundred (200) ordinary shares. For the Company’s existing ADS holders, the change in the ADS ratio will have the same effect as a one-for-eight reverse ADS split. There will be no change to the Company’s ordinary shares. The effect of the ratio change on the ADS trading price on the Nasdaq Capital Market is expected to take place at the...

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Costamare Inc. Announces Full Redemption of its Outstanding Shares of Series E Preferred Stock

MONACO , June 14, 2024 (GLOBE NEWSWIRE) — Costamare Inc. (the “Company”, “we” or “our”) (NYSE: CMRE) announced today that the Company will redeem all of its outstanding shares of 8.875% Series E Cumulative Redeemable Perpetual Preferred Stock (the “Series E Preferred Stock”, and the redemption thereof, the “Redemption”) held by shareholders (the “Holders”), pursuant to that certain Statement of Designation, dated as of January 26, 2018. The Company expects the redemption date for the shares of Series E Preferred Stock to occur on July 15, 2024 (the “Redemption Date”). The redemption price of the shares of Series E Preferred Stock will be $25.00 per share plus accrued and unpaid dividends in respect of the Series E Preferred Stock up to, but not including, the Redemption Date (the “Redemption Price”). As of the date of this press...

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Ready Capital Corporation Declares Second Quarter 2024 Dividends

NEW YORK, June 14, 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 June 30, 2024. This dividend is payable on July 31, 2024, to shareholders of record as of the close of business on June 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 July 15, 2024, to Series C Preferred stockholders of record as of the close...

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