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Month: August 2024

Australian Oilseeds Announces Appointment of New Independent Auditor

Written by Customer Service on . Posted in Public Companies.

Cootamundra New South Wales, Aug. 01, 2024 (GLOBE NEWSWIRE) — Australian Oilseeds Holdings Limited, a Cayman Islands exempted company (“Australian Oilseeds” or “Pubco”) (NASDAQ: COOT) today announced the appointment of BDO Global as its independent auditor. BDO is a leading provider of global audit, advisory, and tax services firm headquartered in Brussels. Their appointment is effective July 24th, 2024. “I am pleased to welcome BDO as our new independent auditor. BDO’s reputation for excellence and integrity makes them an outstanding addition to Australia Oilseeds, and we believe that the values they reflect resonate strongly with those of AOI,” said Gary Seaton, Chief Executive Officer of AOI. About Australian Oilseeds Investments Pty Ltd. Australian Oilseeds Investments Pty Ltd. (the “Company”) is an Australian proprietary company...

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Bird Completes Acquisition of Jacob Bros Construction

Written by Customer Service on . Posted in Mergers And Acquisitions.

MISSISSAUGA, Ontario, Aug. 01, 2024 (GLOBE NEWSWIRE) — Bird Construction Inc. (TSX: BDT) is pleased to communicate that the previously announced transaction to acquire Jacob Bros Construction (“Jacob Bros”) has been successfully completed. “We are very excited to welcome Jacob Bros into the Bird family, bringing a highly complementary team with shared values and strong leadership that will support our long-term growth strategy,” said Teri McKibbon, President and CEO of Bird. “Not only does our combined company immediately add scale and diversification in BC’s high-demand infrastructure market, but will also enable us to offer more comprehensive solutions as we pursue projects of various size, complexity, and scope. We look forward to continuing our strong track record of operational excellence and pursuing the robust opportunities...

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The Victory Bancorp, Inc., Announces 2024 Second Quarter Earnings

Written by Customer Service on . Posted in Earnings Releases And Operating Results.

LIMERICK, Pa., Aug. 01, 2024 (GLOBE NEWSWIRE) — The Victory Bancorp, Inc. (OTCQX: VTYB), the holding company for The Victory Bank, announced unaudited results for the quarter ended June 30, 2024. Joseph W. Major, Bank Leader and Chief Executive Officer, stated, “Our second quarter performance underscores the resilience of our financial position and the commitment of our team. In spite of challenging market conditions, we delivered robust financial outcomes, including a $20.6 million increase in deposits from year-end to the second quarter of 2024, and expanded our total assets by $27.6 million. Since June 2023, our net loans have grown over $55 million to reach $396.5 million, producing a 20.5% increase in interest income. In addition, we maintained strong credit quality metrics in 2024, with reductions in delinquencies exceeding...

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Modesto Gospel Mission Receives Approval on $2 Million Affordable Housing Program (AHP) Grant Submitted Through Oak Valley Community Bank

Written by Customer Service on . Posted in Public Companies.

OAKDALE, Calif., Aug. 01, 2024 (GLOBE NEWSWIRE) — Oak Valley Community Bank (OVCB), a wholly-owned subsidiary of Oak Valley Bancorp (NASDAQ: OVLY), announced that the Federal Home Loan Bank of San Francisco (FHLBank San Francisco) has awarded Modesto Gospel Mission (MGM) with a 2024 AHP grant for two-million dollars. This significant funding will propel MGM’s efforts to provide emergency shelter and other vital services to the neediest residents of Modesto. MGM worked collaboratively with OVCB to apply for support of MGM’s Restoration Woods, located at 1400 Yosemite Boulevard, which includes the rehabilitation of existing transitional housing and supportive services that will serve 134 individuals in need. Residents will have access to case management and financial education. Additional onsite amenities will include laundry,...

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EagleBank Names Hetal Desai as New Chief Risk Officer

Written by Customer Service on . Posted in Public Companies.

Desai joins EagleBank with strong background at large multinational banks and supporting female business leaders BETHESDA, Md., Aug. 01, 2024 (GLOBE NEWSWIRE) — EagleBank (NASDAQ: EGBN), one of the largest community banks in the Washington, D.C. area, today announced it has hired Hetal Desai as Chief Risk Officer (CRO). Ms. Desai will support EagleBank’s continued role as a trusted partner for clients and customers and play a pivotal role in managing risk for the Bank as it enhances its lines of business. Ms. Desai joins EagleBank with global expertise in risk management across top tier multinational financial institutions and also serves as a founding member of Chief’s Boston Chapter, a private network built to drive women into positions of power and keep them there. Her expertise in risk identification and mitigation will ensure...

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The Coretec Group and Core Optics Share Exchange Closing Date Extended and Continues to Move Forward

Written by Customer Service on . Posted in Public Companies.

ANN ARBOR, Mich., Aug. 01, 2024 (GLOBE NEWSWIRE) — The Coretec Group (OTCQB: CRTG), developers of silicon anode active materials for lithium-ion batteries and cyclohexasilane (CHS) for electric vehicles (EVs), cleantech, and emerging tech applications, today announced that The Coretec Group and Core Optics, LLC have entered into an amendment to share exchange agreement which extends the closing date to no later than August 15, 2024. The delay is a result of continued efforts to meet final closing conditions, primarily the need for Core Optics’ accounting which uses Korean International Financial Reporting Standards “K-IFRS,” to be converted to US GAAP. Both The Coretec Group and Core Optics leadership remain confident that the deal will close as expected and look forward to the next phase of the Company’s...

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Retrieve Medical, Inc. and OnPoint Healthcare Partners, Inc., Announce Revolutionary Integration Partnership

Written by Customer Service on . Posted in Public Companies.

BEDMINSTER, N.J., Aug. 01, 2024 (GLOBE NEWSWIRE) — Retrieve Medical, Inc. (retrievemedical.com) today announced a technology partnership with OnPoint Healthcare Partners, Inc. (onpointhealthcarepartners.com), aimed at integrating the AI-powered Retrieve Medical engine into OnPoint’s proprietary IRIS platform technology. This collaboration enables a significant advancement in the realm of healthcare technology, highlighting the extraordinary synergy between these two industry leaders. The integration of Retrieve Medical’s cutting-edge engine with OnPoint’s IRIS platform is set to create one of the most groundbreaking healthcare innovations of the AI revolution. By combining Retrieve Medical’s advanced analytics and data processing capabilities with the comprehensive and intuitive IRIS clinical documentation...

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Natural Gas Services Group, Inc., Announces Retirement of James Hazlett as Vice President and Chief Technical Officer

Written by Customer Service on . Posted in Public Companies.

Midland, Texas, Aug. 01, 2024 (GLOBE NEWSWIRE) — Natural Gas Services Group, Inc. (NYSE: NGS), a leading provider of gas compression equipment, technology, and services to the energy industry, announced today that James Hazlett, who served as Chief Technology Officer of the Company and worked with Natural Gas Services Group since 2005, has officially retired. “I would like to personally thank Jim for his two decades of dedicated service to Natural Gas Services Group,” said Steve Taylor, Chairman of the Company. “He was a driving force in our technical success and his contributions are still felt throughout the company. He built a strong team in the process, one that will continue to drive technology innovation for the Company and our customers. I wish Jim nothing but continued success as he moves on, while still providing value...

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BNP Paribas : Exclusive negotiation with Axa for the acquisition of Axa Investment Managers and a long-term partnership in asset management

Written by Customer Service on . Posted in Mergers And Acquisitions.

BNP PARIBAS ENTERS INTO EXCLUSIVE NEGOTIATIONS WITH AXA FOR THE ACQUISITION OF AXA INVESTMENT MANAGERS AND A LONG-TERM PARTNERSHIP IN ASSET MANAGEMENT Press ReleaseParis, 1 August 2024 The BNP Paribas Group announces today that it has entered into exclusive negotiations with AXA to acquire 100% of AXA Investment Managers (AXA IM), representing close to €850bn1 assets under management, together with an agreement for a long-term partnership to manage a large part of AXA’s assets. BNP Paribas Cardif, the insurance business of BNP Paribas, after having directly proceeded to the proposed transaction as principal, would have the opportunity to rely on this platform for the management of up to €160bn of its savings and insurance assets1. With the combined contribution of BNP Paribas’ asset management platforms, the newly formed business, which...

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