Day: July 2, 2024

PHILADELPHIA, July 02, 2024 (GLOBE NEWSWIRE) — Axalta Coating Systems (NYSE: AXTA), a leading global coatings company, has successfully completed the previously announced acquisition of The CoverFlexx Group from Transtar Holding Company. The CoverFlexx Group manufactures and sells coatings for automotive refinish and aftermarket applications, focused on economy customers in North America. “The acquisition of The CoverFlexx Group further solidifies our excellent offerings in Refinish coatings,” said Chris Villavarayan, Axalta’s Chief Executive Officer and President. “As outlined at our recent Strategy Day, investing in growth in our Refinish business is a key priority of Axalta, and this acquisition advances that priority.” Troy Weaver, Axalta’s President, Global Refinish, added, “We are thrilled to officially welcome our new team...

TUPELO, Miss., July 02, 2024 (GLOBE NEWSWIRE) — Renasant Corporation (NYSE: RNST) announced today that it has sold the assets of Renasant Insurance, Inc. to Sunstar Insurance Group, LLC (“Sunstar”) effective as of July 1, 2024. Sunstar is a regionally focused, industry leading insurance broker, risk management consultant and provider of employee benefits coverages and other human capital solutions based in Memphis, Tennessee. With more than $1.2 billion in premiums placed, Sunstar is ranked as the 33rd largest independent insurance agency in the country. Sunstar’s 700+ partners and employees operate from more than 50 offices in six states across the Southeast and Lower Midwest. The acquisition of Renasant Insurance, Inc. represents Sunstar’s strategic entry into the State of Mississippi. Now a part of Sunstar, Renasant Insurance...

VANCOUVER, British Columbia, July 02, 2024 (GLOBE NEWSWIRE) — Abacus Mining & Exploration Corporation (“Abacus” or “The Company”) (TSXV:AME) announces that further to its news release dated June 4, 2024, it has amended, at the request of the TSX-Venture Exchange (the “Exchange”), certain terms of the June 4, 2024 agreement (the “June 4, 2024 Agreement”) with Almadex Minerals Ltd. and its wholly-owned Nevada subsidiary Almadex America Inc. (“Almadex”), to acquire a 100% ownership interest in the Willow porphyry copper property located in Yerington, Nevada, (“Willow Property”) and data associated with the Willow Property (the “Willow Data”) (the “Amending Agreement”). Pursuant to the terms of the Amending Agreement:the Company has issued 9,546,922 common shares of Abacus to Almadex the requirement, under the June 4, 2024 Agreement...

VANCOUVER, British Columbia, July 02, 2024 (GLOBE NEWSWIRE) — PenderFund Capital Management Ltd. (“Pender”) announces, effective as of close of business on June 28, 2024, Pender Small/Mid Cap Dividend Fund (the “PSMD” or “Terminating Fund”) merged into Pender Small Cap Opportunities Fund (the “PSCF” or “Continuing Fund”) (the “Merger”). The Merger received the requisite unitholder approval on May 23, 2024. On completion of the Merger, PSMD is terminating and PSCF is continuing. Pender, as manager of the Terminating Fund, has filed an application with the applicable securities regulatory authorities for an order that PSMD has ceased to be a reporting issuer in each jurisdiction in which it is currently reporting. Additional information regarding the Merger is contained in the Terminating Fund’s management information circular dated...