Day: September 4, 2024

Descartes Announces Fiscal 2025 Second Quarter Financial Results

Record Revenues and Income from Operations WATERLOO, Ontario and ATLANTA, Sept. 04, 2024 (GLOBE NEWSWIRE) — The Descartes Systems Group Inc. (TSX:DSG) (Nasdaq:DSGX) announced its financial results for its fiscal 2025 second quarter (Q2FY25). All financial results referenced are in United States (US) currency and, unless otherwise indicated, are determined in accordance with US Generally Accepted Accounting Principles (GAAP). “Our Global Logistics Network is designed to help shippers, carriers and logistics services providers navigate an increasingly complex global trade landscape,” said Edward J. Ryan, Descartes’ CEO. “Supply chains and logistics operations continue to struggle to manage a myriad of factors, including military conflicts, disruptions to trade routes, government sanctions, economic impact on shipping demand...

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Sprott Focus Trust, Inc. (Nasdaq-FUND) Declares Third Quarter Common Stock Distribution of $0.1301 Per Share

TORONTO, Sept. 04, 2024 (GLOBE NEWSWIRE) — Sprott Focus Trust, Inc. (Nasdaq-FUND) (the “Fund” or “FUND”) has declared a quarterly distribution of $0.1301 per share on its Common Stock. The distribution, optionally payable in additional shares of Common Stock or in cash by specific stockholder election, is to be paid on September 30, 2024 to stockholders of record at the close of business on September 16, 2024 (ex-dividend on September 16, 2024). The price of shares issued for reinvestment will be determined on September 23, 2024. The Fund currently has adopted a Distribution Policy of paying quarterly distributions on its Common Stock. Distributions are being made at the annual rate of 6% of the rolling average of the prior four calendar quarter-end net asset values (“NAVs”), with the fourth quarter distribution being the greater...

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Power REIT Receives Notice of Non-Compliance with NYSE American Continued Listing Standards

Old Bethpage, New York, Sept. 04, 2024 (GLOBE NEWSWIRE) — Power REIT (NYSE-AMEX: PW and PW.PRA) (“Power REIT” or the “Trust”), today announced that on September 3, 2024, Power REIT (the “Trust”) received a written notice from the NYSE Regulation (the “NYSE Notice”) of NYSE American LLC (the “Exchange”) stating that the Trust is not in compliance with the continued listing standards of the Exchange because the Trust is below compliance with Section 1003(a)(i) of the NYSE American Company Guide (the “Company Guide”), requiring a stockholders’ equity of $2.0 million or more if it has reported losses from continuing operations and/or net losses in two of its three most recent fiscal years, as a result of the Trust’s reported stockholders’ equity of $322,626 at June 30, 2024 and losses from continuing operations and/or net losses in...

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Globalink Investment Inc. Announces Extension of the Deadline to Complete a Business Combination to October 9, 2024

New York, NY, Sept. 04, 2024 (GLOBE NEWSWIRE) — Globalink Investment Inc. (Nasdaq: GLLI, GLLIW, GLLIR, GLLIU) (“Globalink” or the “Company”), a special purpose acquisition company, announced today that on September 4, 2024, it caused to be deposited $60,000 (the “Extension Payment”) into its trust account (the “Trust Account”) with Continental Stock Transfer and Trust Company (“Continental”) to extend the deadline to complete its initial business combination from September 9, 2024 to October 9, 2024. The extension is the fifteenth extension since the consummation of the Company’s initial public offering on December 9, 2021, and the tenth of twelve extensions permitted under the Company’s governing documents currently in effect. About Globalink Investment Inc. Globalink is a blank check company formed for the purpose of effecting...

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Correction – Ensurge Micropower ASA – Subscription Rights Exercise and Employee Share Purchase Plan

Reference is made to Ensurge Micropower ASA’s (the “Company”) announcement on 2 September 2024 regarding a subscription rights exercise and the issuance of shares under the 2024 Employee Share Purchase Plan (2024 ESPP).  By inadvertence, the announcement contained some minor errors in the number of new shares and the share capital following the share issue under the 2024 ESPP.  The number of new shares issued under the 2024 ESPP is 2,216,074 and, upon registration of the share capital increases associated with the exercise of incentive subscription rights and the issuance of ESPP shares in the Norwegian Register of Business Enterprises, the Company’s share capital will be NOK 311,113,173 divided into 622,226,346 shares, each having a par value of NOK 0.50.  Ensurge Micropower ASA 2024 ESPP  The ESPP is available on the Company’s...

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Ryman Hospitality Properties, Inc. Declares Third Quarter Dividend and Corrects Methodology for Calculating Funds from Operations (“FFO”) per Diluted Share and Adjusted FFO per Diluted Share

Results in Slightly Higher FFO per Diluted Share and Adjusted FFO per Diluted Share for Affected Periods NASHVILLE, Tenn., Sept. 04, 2024 (GLOBE NEWSWIRE) — Ryman Hospitality Properties, Inc. (NYSE: RHP) (the “Company”), today announced that the Board of Directors has authorized, and the Company has declared, a third quarter cash dividend of $1.10 per share of common stock, to be paid on October 15, 2024, to stockholders of record as of September 30, 2024. In addition, the Company is posting on its website certain information reflecting a corrected methodology used for calculating funds from operations available to common stockholders and unit holders per diluted share/unit (“FFO per diluted share”) and adjusted funds from operations available to common stockholders and unit holders per diluted share/unit (“adjusted FFO per diluted...

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5E Advanced Materials Provides Shareholder Update for the Quarter and Year Ended June 30, 2024

Company to host call this evening to provide updates on small-scale facility production and operations, as well as capital and commercial strategy HESPERIA, Calif., Sept. 04, 2024 (GLOBE NEWSWIRE) — 5E Advanced Materials, Inc. (Nasdaq: FEAM) (ASX: 5EA) (“5E” or the “Company”), a boron and lithium company with U.S. government Critical Infrastructure designation for its 5E Boron Americas (Fort Cady) Complex, today provided a shareholder update and review of the period ended June 30, 2024.   HIGHLIGHTS The Small-Scale Boron Facility has been producing boric acid, gathering data to further optimize the production process, and refining production efficiency, quality, and economics The Company’s recent capital raise provides 5E with the runway to complete FEL-2 engineering, upgrade the current technical report to a Pre-Feasibility Study...

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Osisko Development Announces Non-Brokered Private Placement

MONTREAL, Sept. 04, 2024 (GLOBE NEWSWIRE) — Osisko Development Corp. (“Osisko Development” or, the “Company“) (NYSE: ODV, TSXV: ODV) is pleased to announce a non-brokered private placement of units of Osisko Development (“Units“) at a price of USD $1.80 (the “Offering“), with each Unit consisting of one common share of the Company (each, a “Common Share“) and one Common Share purchase warrant of the Company (each, a “Warrant“), with each Warrant entitling the holder thereof to purchase one additional Common Share (each, a “Warrant Share“) at a price of USD $3.00 per Warrant Share for a period of 60 months following the Closing Date. The Closing Date of the Offering is expected to occur on or about September 23, 2024, and is subject to certain conditions...

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Major Oil and Gas Partner to Sell Drilling Rigs on AllSurplus Marketplace

The sale features over 30 workover rigs located in West Texas BETHESDA, Md., Sept. 04, 2024 (GLOBE NEWSWIRE) — Liquidity Services (NASDAQ: LQDT), a leading global commerce company powering the circular economy, has been selected by one of the largest oil and gas exploration and production companies in the U.S. to sell more than 30 Cameron, Watson Corsair, Rig Works, and Franks workover rigs and associated surplus assets in West Texas. The rigs are available through a sealed bid event that runs until September 12th, 2024 at 5:00 pm EDT on AllSurplus.com, the leading online marketplace for surplus business assets. “Liquidity Services’ extensive global market reach and competitive bidding platform will ensure these assets continue to operate, reducing the need for new manufacturing and minimizing landfill waste,” said Darron Hanner,...

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CSW Industrials Announces Public Offering of Common Stock

DALLAS, Sept. 04, 2024 (GLOBE NEWSWIRE) — CSW Industrials, Inc. (Nasdaq: CSWI), announced that it has commenced an underwritten public offering of 1,000,000 shares of common stock. In connection with this offering, the Company expects to grant the underwriters a 30-day option to purchase up to 150,000 additional shares at the public offering price, less the underwriting discounts and commissions. The offering is subject to market and other conditions, and there can be no assurances as to whether or when the offering may be completed, or as to the actual size or terms of the offering. The Company intends to use the net proceeds to repay outstanding debt, with the remainder for general corporate purposes, including potential future acquisitions. J.P. Morgan, Goldman Sachs & Co. LLC and Truist Securities are acting as lead book-running...

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