Month: June 2024
Dime continues to execute on growth plan
HAUPPAUGE, N.Y., June 20, 2024 (GLOBE NEWSWIRE) — Dime Community Bancshares, Inc. (NASDAQ: DCOM) (the “Company” or “Dime”), the parent company of Dime Community Bank (the “Bank”) announced that it has hired a deposit-focused Group that will cover the Manhattan market. The Group will be led by Avi Azuolay. The Group was previously employed with the former Signature Bank and its successor, Flagstar Bank.
Stuart H. Lubow, President and Chief Executive Officer of Dime said, “We are excited to announce the addition of another talented deposit-focused Group. Avi and his team have had tremendous success in Manhattan over the past two decades. His team was instrumental in building out Hudson Valley Bank’s Manhattan presence. Subsequent to Hudson Valley Bank’s sale, he had a successful tenure at...
Algoma Steel Group Reports Fiscal Fourth Quarter and Full Year 2024 Financial Results
Written by Customer Service on . Posted in Earnings Releases And Operating Results.
Fourth Quarter Results In-Line with Previously Announced Expectations
Plate and Strip Operations Running at Planned Production Levels
Reaffirmed Outlook on Transformative Electric Arc Furnace (EAF) Project
Provides Outlook for Q1 Fiscal 2025
Further Strengthened Liquidity with US$350 Million Senior Secured Second Lien Note Financing
SAULT STE. MARIE, Ontario, June 20, 2024 (GLOBE NEWSWIRE) — Algoma Steel Group Inc. (NASDAQ: ASTL; TSX: ASTL) (“Algoma” or “the Company”), a leading Canadian producer of hot and cold rolled steel sheet and plate products, today announced results for its fiscal fourth quarter and full year ended March 31, 2024.
Unless otherwise specified, all amounts are in Canadian dollars.
Business Highlights and Fiscal 2024 to Fiscal 2023 Fourth Quarter ComparisonsConsolidated revenue of $620.6 million, compared...
Dominion Lending Centres Inc. Receives Notice of Inquiry Discontinuance from Competition Bureau
Written by Customer Service on . Posted in Public Companies.
VANCOUVER, British Columbia, June 20, 2024 (GLOBE NEWSWIRE) — Dominion Lending Centres Inc. (TSX:DLCG) (“DLCG” or the “Corporation”) has received a Notice of Inquiry Discontinuance from the Competition Bureau. In May 2023, the Corporation received a court order to produce certain documents, records and data in connection with an inquiry by the Competition Bureau.
The Notice of Inquiry Discontinuance dated June 20, 2024 states: “the Commissioner of Competition (the “Commissioner”) has discontinued the inquiry he caused to be commenced under Part VIII of the Act concerning allegations of anti-competitive conduct by Dominion Lending Centres Inc., Mortgage Centre Canada Inc., Mortgage Architects Inc., and Newton Connectivity Systems Inc., collectively Dominion Lending Centres Group of Companies (“DLCG”).”
Gary Mauris, Chairman and...
Atos – Market Update – 20 June 2024
Written by Customer Service on . Posted in Public Companies.
Press Release
Market Update
Update on the targeted €800 million short-term interim financing
Final structure agreed for the €450 million short-term interim financing previously committed:€100 million Facilities1 provided by a group of bondholders (fully drawn)
€50 million loan from the French State (fully drawn)
€225 million additional tranche of facilities backstopped by a group of banks for €125 million and a group of bondholders for €100 million, subject to a waiver from the banks under the €1.5 billion term loan of the Company, to an amendment to the €100 million Facilities previously provided by a group of bondholders and to an agreement in principle on the restructuring terms with the Onepoint Consortium, the Company and the group of banks and bondholders
Factoring program reduced to €75 million provided by a group of banksAgreement...
Lithium Argentina Reports 2024 Annual General and Special Meeting Results
Written by Customer Service on . Posted in Public Companies.
VANCOUVER, British Columbia, June 20, 2024 (GLOBE NEWSWIRE) — Lithium Americas (Argentina) Corp. (TSX: LAAC) (NYSE: LAAC) (“Lithium Argentina” or the “Company”) is pleased to announce the results from its annual general and special meeting held on June 20, 2024 (the “Meeting”).
At the Meeting, the eight director nominees listed in the Company’s management information circular dated May 10, 2024 (the “Circular”) were also re-elected as directors to serve until the close of the next annual meeting of shareholders. The detailed results of the vote are set out below:Director Nominees
Votes For
Votes WithheldJohn Kanellitsas
57,418,374 (95.19%)
2,901,604 (4.81%)Sam Pigott
59,108,709 (97.99%)
1,211,269 (2.01%)George Ireland
53,677,512 (88.99%)
6,642,466 (11.01%)Diego Lopez Casanello
59,430,054 (98.52%)
889,924 (1.48%)Robert...
Atos – Market Update – 20 June 2024
Written by Customer Service on . Posted in Public Companies.
Press Release
Market Update
Update on the targeted €800 million short-term interim financing
Final structure agreed for the €450 million short-term interim financing previously committed:€100 million Facilities1 provided by a group of bondholders (fully drawn)
€50 million loan from the French State (fully drawn)
€225 million additional tranche of facilities backstopped by a group of banks for €125 million and a group of bondholders for €100 million, subject to a waiver from the banks under the €1.5 billion term loan of the Company, to an amendment to the €100 million Facilities previously provided by a group of bondholders and to an agreement in principle on the restructuring terms with the Onepoint Consortium, the Company and the group of banks and bondholders
Factoring program reduced to €75 million provided by a group of banksAgreement...
Rakovina Therapeutics Announces Oversubscribed Private Placement and Results from 2024 Annual General Meeting
Written by Customer Service on . Posted in Public Companies.
All dollar amounts reflected in Canadian dollars unless otherwise stated
VANCOUVER, British Columbia, June 20, 2024 (GLOBE NEWSWIRE) — Rakovina Therapeutics Inc. (TSXV: RKV) (the “Company”), a biopharmaceutical company committed to advancing new cancer therapies based on novel DNA-damage response technologies, is pleased to announce, further to the press release dated May 23, 2024, that it has received subscriptions totalling $1.7 million for its previously announced $1.5 million private placement. The terms of the private placement otherwise remain unchanged. To accommodate additional interest, the Company will upsize the financing to $2.0 Million, subject to TSX-V approval. The Company anticipates a first closing of the private placement on or about June 25, 2024.
“Rakovina Therapeutics has benefited greatly from the support...
Mawson Infrastructure Group Inc. Announces Monthly Operational Update for May 2024
Written by Customer Service on . Posted in Public Companies.
Digital Co-Location Business Revenue up 85% Y/Y from May last year
Energy Management Revenue up 139% Y/Y from May last year
Total Overall Revenue up 19% Y/Y from May last year
20 MW Facility Expansion Progressing Well and Total Capacity Expected to
Increase to 129 MW and 41,530 miners
MIDLAND, Pa., June 20, 2024 (GLOBE NEWSWIRE) — Mawson Infrastructure Group Inc. (NASDAQ:MIGI) (“Mawson” or “the Company”), a digital infrastructure company, announced today its unaudited business and operational update for May 2024.
Rahul Mewawalla, CEO and President, commented, “We are pleased with the growth of our digital platforms with 85% year-over-year revenue growth of our digital co-location business and 139% year-over-year revenue growth of our energy management business, compared to May of last year. We have continued to expand our enterprise...
Celestica Amends and Upsizes Credit Facility
Written by Customer Service on . Posted in Public Companies.
TORONTO, June 20, 2024 (GLOBE NEWSWIRE) — Celestica Inc. (TSX: CLS) (NYSE: CLS), a leader in design, manufacturing, hardware platform and supply chain solutions for the world’s most innovative companies, has amended its existing senior secured credit agreement (“Existing Facility”)*, with an upsizing of the total facility to $1.5 billion (“Amended Facility”) to support continuing growth.
The Amended Facility consists of the following key changes to the Existing Facility:
Revolving loan facility upsized to $750 million (the “Revolver”)Increases the revolving loan commitments from $600 million to $750 million.
Maturity date extended from March 2025 to June 2029.New Term A and Term B loans with a total original principal amount of $750 million (the “Term Loans”)Replaces (and terminates) the two existing term loans (aggregate...
AS Silvano Fashion Group of the shareholders – adoption of resolutions of the General Meeting without calling a meeting
Written by Customer Service on . Posted in Public Companies.
The management board of AS Silvano Fashion Group, registry code 10175491, address Tulika tn 17, 10613, Tallinn, Eesti (hereinafter the Company) published on 29 May 2024 pursuant to § 2991 subsections 1, 2 and 3 of the Commercial Code the draft resolutions for the adoption of shareholders’ resolutions without calling a meeting.
The list of shareholders entitled to vote was determined as at seven days before the voting term, i.e. on 13 June 2024 at the end of the business day of the settlement system of Nasdaq CSD Estonia. The Company has a total of 3 103 shareholders, who own a total of 36 000 000 shares.
The deadline for shareholders to submit their positions was on 20 June 2024, 16:00 (EET). 17 shareholders of the Company submitted their votes, whose shares represent in total 22 085 700 votes, that forms...
