Month: June 2024

NEW YORK, June 25, 2024 (GLOBE NEWSWIRE) — New York Mortgage Trust, Inc. (Nasdaq: NYMT) (the “Company”) announced today the pricing of an underwritten public offering of $60 million aggregate principal amount of its 9.125% senior notes due 2029 (the “Notes”). The Company has granted the underwriters a 30-day option to purchase up to an additional $9 million aggregate principal amount of the Notes to cover over-allotments. The offering is expected to close on June 28, 2024, subject to the satisfaction of customary closing conditions. The Company has applied to list the Notes on the Nasdaq Global Select Market (“Nasdaq”) under the symbol “NYMTI” and, if the application is approved, expects trading in the Notes on Nasdaq to begin within 30 days after the Notes are first issued. The Company intends to use the net proceeds of the offering...

New York, NY, June 25, 2024 (GLOBE NEWSWIRE) — Twelve Seas Investment Company II (the “Company”) today announced that its previously announced Agreement and Plan of Merger in connection with its planned business combination with Crystal Lagoons U.S. Corp., a Delaware corporation (“Original Crystal Lagoons”) and CL Newco Inc., a Delaware corporation (“New Crystal Lagoons” and together with Original Crystal Lagoons, “Crystal Lagoons”) was terminated by Crystal Lagoons due to the conditions to the closing of the initial business combination not being satisfied or waived by the outside date of May 31, 2024. The Company will not seek an alternative business combination. Additionally, the Company announced today that (i) the amount paid to its public stockholders was $10.64 per public share, rather than the previously reported $10.558...

Mawson’s site in the greater Pittsburgh area grows to be amongst the largest operating sites in the PJM market amongst all the North American Public Bitcoin Mining Companies Expanded Midland, Pennsylvania site is now about 120 MW with capacity of about 38,810 ASICs miners Increases Mawson’s Total Operational Capacity to approximately 129 MW and 41,530 Miners MIDLAND, Pa., June 25, 2024 (GLOBE NEWSWIRE) — Mawson Infrastructure Group Inc. (NASDAQ: MIGI) (“Mawson” or “the Company”), a digital infrastructure company, today announced the completion of the previously announced planned expansion at its Midland, Pennsylvania digital infrastructure and bitcoin mining facility, located in the greater Pittsburgh region. Rahul Mewawalla, CEO and President of Mawson, commented, “We are pleased to have successfully completed the expansion...

NEWPORT NEWS, Va., June 25, 2024 (GLOBE NEWSWIRE) — HII (NYSE: HII) today hosted a congressional delegation from the House Armed Services Committee at its Newport News Shipbuilding division to meet with shipyard leadership and a tour of the company’s facilities. Led by Chairman Rep. Mike Rogers, R-Ala., the delegation also included committee members Rep. Joe Courtney, D-Conn.; Rep. Rob Wittman, R-Va.; and Rep. Jen Kiggans, R-Va. “Hosting visits like this provides an opportunity to showcase the complexity of our operations, the quality of our work, and the dedication of our incredible shipbuilders who bring their best each day,” NNS President Jennifer Boykin said. “We understand the critical impact aircraft carriers and submarines have to our national security mission, and this visit further underscores our responsibility to the...

TORONTO, June 25, 2024 (GLOBE NEWSWIRE) — Clip Money, Inc. (“Clip” or “Company”) (TSXV:CLIP), a company that operates a multi-bank self-service deposit system for businesses, announces the grant of an aggregate of 300,000 options (the “Options”) to acquire common shares of the Company (the “Common Shares”) to directors of the Company to recognize their service to the board of directors of the Company. The Options have a one-year vesting period, an exercise price equal to CDN$0.22, being the trading price of the Common Shares at the close of business on June 24, 2024, and will expire 10 years from the date of the grant. The Options are governed by the terms of the Company’s omnibus equity incentive plan, under which an aggregate of 10,494,753 Common Shares are issuable. Neither the TSXV nor its Regulation Services Provider (as that...

Extensions are the company’s first steps in a longer-term plan to expand its portfolio and better serve developers working within the VS Code ecosystem CHANDLER, Ariz., June 25, 2024 (GLOBE NEWSWIRE) — Leveraging the versatility of Microsoft® Visual Studio® Code (VS Code®), Microchip Technology (Nasdaq: MCHP) has released an early access version of MPLAB® Extensions for VS Code. This launch provides embedded designers with tools to import projects from MPLAB X Integrated Development Environment (IDE) to VS Code while still accessing Microchip’s debugging and programming support. This initiative is part of Microchip’s long-term strategy to expand its offerings and serve developers working within the VS Code ecosystem. MPLAB X IDE is an expandable, highly configurable software program that incorporates powerful tools to help developers...

TORONTO, June 25, 2024 (GLOBE NEWSWIRE) — Chemtrade Logistics Income Fund (TSX: CHE.UN) (“Chemtrade” or the “Fund”) today announced the commencement of its previously announced substantial issuer bid (the “Offer”), under which the Fund is offering to purchase for cancellation up to all of its issued and outstanding 8.50% Convertible Unsecured Subordinated Debentures due September 30, 2025 (the “Debentures”) (CUSIP No. 16387PAK9). The Offer commences today and will expire at 5:00 p.m. Eastern time on July 31, 2024, unless extended, varied or terminated by the Fund. The purchase price under the Offer is $1,300 in cash per $1,000 principal amount of Debentures. In addition, holders of Debentures (each, a “Debentureholder”) who tender and do not withdraw their Debentures under the Offer will receive a cash payment in respect of all...

CALGARY, Alberta, June 25, 2024 (GLOBE NEWSWIRE) — Petrus Resources Ltd. (“Petrus“) (TSX: PRQ) is pleased to announce that the Toronto Stock Exchange (the “TSX“) has accepted Petrus’ notice of intention to renew its normal course issuer bid (the “NCIB“). The NCIB allows Petrus to purchase up to 6,218,596 common shares (representing 5% of Petrus’ outstanding common shares as of June 14, 2024) over a period of twelve months commencing on June 28, 2024. On June 14, 2024, Petrus had 124,371,925 common shares outstanding. The NCIB will expire no later than June 27, 2025. Under the NCIB, common shares may be repurchased on the open market through the facilities of the TSX and/or alternative Canadian trading systems and in accordance with the rules of the TSX governing normal course issuer...

HOUSTON, June 25, 2024 (GLOBE NEWSWIRE) — Epsilon Energy Ltd. (“Epsilon” or the “Company”) (NASDAQ: EPSN) today reported the results of a borrowing base redetermination on the Company’s senior secured reserve-based revolving credit facility (the “Credit Facility”) with Frost Bank (the “Lender”). Effective on June 21, 2024, the Lender redetermined the Company’s borrowing base at $45 million, which will remain until the next redetermination in the fourth quarter of 2024. The borrowing base now includes the recently acquired and developed properties in Ector County, Texas. The Lender’s total commitment is equal to the borrowing base amount. All other terms of the Credit Facility remain the same. In Ector County, Texas, the recently completed Ava well, the sixth well drilled in the Pradera Fuego project, started flow-back in mid-May....

MCLEAN, Va., June 25, 2024 (GLOBE NEWSWIRE) — Freddie Mac (OTCQB: FMCC) today posted to its website its Monthly Volume Summary for May 2024, which provides information on Freddie Mac’s mortgage-related portfolios, securities issuance, risk management, delinquencies, debt activities and other investments. Freddie Mac’s mission is to make home possible for families across the nation. We promote liquidity, stability, affordability and equity in the housing market throughout all economic cycles. Since 1970, we have helped tens of millions of families buy, rent or keep their home. Learn More: Website | Consumers | LinkedIn | Facebook| X | Instagram | YouTube MEDIA CONTACT: Fred Solomon703-903-3861Frederick_Solomon@FreddieMac.com INVESTOR CONTACT: Mahesh Lal571-382-3630