Day: September 5, 2024

ENGLEWOOD CLIFFS, N.J., Sept. 05, 2024 (GLOBE NEWSWIRE) — ConnectOne Bancorp, Inc. (Nasdaq: CNOB) (“ConnectOne or “Company”), parent company of ConnectOne Bank, and The First of Long Island Corporation (Nasdaq: FLIC) (“First of Long Island”), parent company of The First National Bank of Long Island, jointly announced today that they have entered into a definitive agreement pursuant to which First of Long Island will merge with and into ConnectOne. The combined company will operate under the ConnectOne brand, and will have approximately $14 billion in total assets, $11 billion in total deposits, and $11 billion in total loans. Under the terms of the agreement, First of Long Island shareholders will receive 0.5175 shares of ConnectOne common stock for each share of First of Long Island common stock. The transaction is...

TORONTO, Sept. 05, 2024 (GLOBE NEWSWIRE) — Hemlo Explorers Inc. (the “Company” or “Hemlo”) (CSE: HMLO) is pleased to announce completion of the purchase of Rocky Shore Metals Ltd. (“Rocky Shore”) on September 4, 2024 pursuant to which the Company has acquired all of the issued and outstanding common shares of Rocky Shore (“Rocky Shore Shares”) in exchange for the issuance of an aggregate of 49,999,704 common shares (“Hemlo Shares”) in the capital of the Company (the “Transaction”). Under the terms of the Transaction, each Rocky Shore Share received 2.832 Hemlo Shares. Hemlo now has 100,724,624 Hemlo Shares outstanding. Prior to the closing, the Company obtained the written consents of disinterested shareholders owning more than 50% of the outstanding Hemlo Shares authorizing the Transaction to proceed. Transaction Highlights:Acquisition...

The Edge 130 Blue Propels Red Cat into a New Defense and Military growth opportunity SAN JUAN, Puerto Rico, Sept. 05, 2024 (GLOBE NEWSWIRE) — Red Cat Holdings, Inc. (Nasdaq: RCAT) (“Red Cat”), a drone technology company integrating robotic hardware and software for military, government, and commercial operations, today announced the closing of its acquisition of FlightWave Aerospace Systems Corporation (“FlightWave”), an industry-leading provider of VTOL drone, sensor and software solutions. The acquisition officially brings the Edge 130, FlightWave’s Blue UAS approved military-grade tricopter, into Red Cat’s family of low-cost, portable unmanned reconnaissance and precision lethal strike systems. “Today marks a transformative milestone for Red Cat and our goal to provide warfighters with a diverse set of rucksack portable drones...