Day: October 24, 2024

Osisko Development Announces Oversubscribed and Fully Allocated Private Placement of Units

Written by Customer Service on October 24, 2024. Posted in Public Companies.

NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES US$57.5 Million Brokered Private Placement (Including Exercise In Full of Option) Expected to close November 12, 2024 MONTREAL, Oct. 24, 2024 (GLOBE NEWSWIRE) — Osisko Development Corp. (NYSE: ODV, TSXV: ODV) (“Osisko Development” or the “Company“) is pleased to announce its private placement offering (“Offering“) of units of the Company (“Units“), announced on October 23, 2024, was oversubscribed and has been fully allocated. This Offering is expected to close on or about November 12, 2024, pursuant to which an aggregate of 31,944,700 Units are expected to be issued at a price of US$1.80 per Unit for gross proceeds of US$57,500,460 (including the exercise in full of the agents’ option). Sean...

Xtract One Announces Annual Fiscal 2024 Results

Written by Customer Service on October 24, 2024. Posted in Earnings Releases And Operating Results.

Record Performance as Full Year Revenue Surpasses $16 Million TORONTO, Oct. 24, 2024 (GLOBE NEWSWIRE) — Xtract One Technologies Inc. (TSX: XTRA) (OTCQX: XTRAF) (FRA: 0PL) (“Xtract One” or the “Company”) a leading technology-driven threat detection and security solution that prioritizes the patron access experience by leveraging artificial intelligence (AI), today announced its annual results for the year ended July 31, 2024. All information is in Canadian dollars unless otherwise indicated. “What a year it’s been! With record results across the board, we continue to make progress towards profitability through operational execution and higher top line growth,” stated Peter Evans, Chief Executive Officer of Xtract One. “Revenue for the year was $16.4 million – quadruple that of last year – while our combined backlog rose to $26.8...

Sustainable Power & Infrastructure Split Corp. Increases Class A Share Distribution

Written by Customer Service on October 24, 2024. Posted in Dividend Reports And Estimates.

TORONTO, Oct. 24, 2024 (GLOBE NEWSWIRE) — Sustainable Power & Infrastructure Split Corp. class A shares (the “Class A Shares”) have delivered a 66.6% year-to-date return and a 13.5% per annum return since inception in May 2021(1). As a result of this strong performance, a positive outlook for the sectors Sustainable Power & Infrastructure Split Corp. (the “Fund”) invests in and dividend growth from the Fund’s portfolio holdings, Brompton Funds is pleased to announce an increase to the monthly distribution rate from $0.06667 to $0.085 per Class A Share. The new distribution rate for the Class A Shares of $1.02 per annum, or 10.5%(2) based on the TSX closing price of $9.70 on October 23, 2024, represents a 27.5% increase from the previous level of $0.80 per annum. Brompton Funds announces a distribution payable November...

Glacier Bancorp, Inc. Announces Results for the Quarter and Period Ended September 30, 2024

Written by Customer Service on October 24, 2024. Posted in Earnings Releases And Operating Results.

3rd Quarter 2024 Highlights:Diluted earnings per share for the current quarter was $0.45 per share, an increase of 15 percent from the prior quarter diluted earnings per share of $0.39 per share. Net income was $51.1 million for the current quarter, an increase of $6.3 million, or 14 percent, from the prior quarter net income of $44.7 million and a decrease of $1.4 million, or 3 percent, from the prior year third quarter net income of $52.4 million. The net interest margin as a percentage of earning assets, on a tax-equivalent basis, for the current quarter was 2.83 percent, an increase of 15 basis points from the prior quarter net interest margin of 2.68 percent. Net interest income was $180 million for the current quarter, an increase of $13.8 million, or 8 percent, from the prior quarter net interest income of $166 million and an...

First Western Reports Third Quarter 2024 Financial Results

Written by Customer Service on October 24, 2024. Posted in Earnings Releases And Operating Results.

Third Quarter 2024 SummaryNet income available to common shareholders of $2.1 million in Q3 2024, compared to $1.1 million in Q2 2024 Diluted earnings per share of $0.22 in Q3 2024, compared to $0.11 in Q2 2024 Total deposits increased 3.7% from $2.41 billion in Q2 2024 to $2.50 billion in Q3 2024. Noninterest-bearing deposits increased 19% from $397 million in Q2 2024 to $474 million in Q3 2024 Loan-to-Deposit ratio decreased from 101.9% in Q2 2024 to 95.2% in Q3 2024DENVER, Oct. 24, 2024 (GLOBE NEWSWIRE) — First Western Financial, Inc. (“First Western” or the “Company”) (NASDAQ: MYFW), today reported financial results for the third quarter ended September 30, 2024. Net income available to common shareholders was $2.1 million, or $0.22 per diluted share, for the third quarter of 2024. This compares to net income of $1.1 million,...

The First of Long Island Corporation Reports Earnings for the Third Quarter of 2024

Written by Customer Service on October 24, 2024. Posted in Public Companies.

MELVILLE, N.Y., Oct. 24, 2024 (GLOBE NEWSWIRE) — The First of Long Island Corporation (Nasdaq: FLIC, the “Company” or the “Corporation”), the parent of The First National Bank of Long Island (the “Bank”), reported earnings for the three and nine months ended September 30, 2024. President and Chief Executive Officer Chris Becker commented on the Company’s results: “We are encouraged by a second consecutive linked quarter showing improvements in key financial metrics. After an increase in the net interest margin of one basis point in the second quarter of 2024 from the first quarter of 2024, the margin increased nine basis points in the third quarter of 2024 when compared to second quarter of 2024. We are optimistic the trend will continue during the fourth quarter of this year. Excluding merger and branch consolidation...

Brown & Brown, Inc. Certified™ by Great Place To Work® for the sixth consecutive year; included on the 2024 Fortune Best Workplaces for Women™ list for the fourth year in a row

Written by Customer Service on October 24, 2024. Posted in Public Companies.

DAYTONA BEACH, Fla., Oct. 24, 2024 (GLOBE NEWSWIRE) — J. Powell Brown, president and chief executive officer, and Julie Turpin, chief people officer, are proud to announce that Brown & Brown, Inc. (“Brown & Brown”) and our team of companies have been Certified™ by Great Place To Work® for the sixth consecutive year, in addition to being included on the 2024 Fortune Best Workplaces for Women™ List for the fourth year in a row. “Our teammates are our most valuable resource and at the center of everything we do. Their hard work and commitment to doing what is best for our customers is the driving force behind our shared success, and we couldn’t be prouder of what we’ve accomplished together. Our teammates make Brown & Brown a Great Place To Work,” says Brown. He adds, “Being recognized as a Best...

Lilium Board approves application for self-administration of German subsidiaries

Written by Customer Service on October 24, 2024. Posted in Public Companies.

Follows German parliament´s Budget Committee not approving a loan guarantee that was a condition precedent to a private fundraise Company was also unable to reach an agreement in principle with Bavarian government to guarantee a €50 million loan Application for self-administration proceedings driven by insolvency at Lilium subsidiaries in GermanyMUNICH, Oct. 24, 2024 (GLOBE NEWSWIRE) — Lilium N.V. (Nasdaq: LILM), a leading electric aircraft manufacturer and pioneer in Regional Air Mobility (RAM), today announced that its principal German subsidiaries will apply for self-administration proceedings in the next few days with the competent court in Germany. This follows a lengthy and complex government approval process for a loan from KfW, which failed in the Budget Committee of the German parliament. Lilium’s international competition...

Minerals Technologies Inc. Announces 2024 Third Quarter Financial Results

Written by Customer Service on October 24, 2024. Posted in Public Companies.

Record Third Quarter Operating Income and Earnings Per Share Excluding Special Items Strong Operating Margin and Cash Flow Announced New $200 Million Share Repurchase Program and Completed Previous $75 Million Program Increased Dividend by 10%NEW YORK, Oct. 24, 2024 (GLOBE NEWSWIRE) — Minerals Technologies Inc. (NYSE: MTX) (“MTI” or “the Company”) today reported earnings per share for the third quarter ended September 29, 2024 of $1.45 or $1.51 excluding special items, a third quarter record for MTI. “We delivered a record third quarter and are on track for another record year. Both operating segments have accomplished a tremendous amount this year, extending their leadership positions in each of their markets, introducing innovative new products, and expanding margins.” said Douglas T. Dietrich, Chairman and Chief Executive...

Synergy CHC Corp. Announces Closing of Initial Public Offering

Written by Customer Service on October 24, 2024. Posted in Public Companies.

WESTBROOK, Maine, Oct. 24, 2024 (GLOBE NEWSWIRE) — Synergy CHC Corp. (NASDAQ: SNYR) (“Synergy”), a provider of consumer health care, beauty, and lifestyle products, announced today the completion of its initial public offering of 1,150,000 shares of its common stock at $9.00 per share. The shares of common stock began trading on the Nasdaq Global Market on October 23, 2024 under the ticker symbol “SNYR.” In addition, Synergy granted the underwriters a 30-day option to purchase up to an additional 172,500 shares of common stock at the public offering price less underwriting discounts and commissions. The net proceeds received by Synergy from the offering (after deducting underwriting discounts and commission and estimated offering expenses) were approximately $8.4 million. Synergy intends to use the net proceeds of this offering...

Day: October 24, 2024

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