Year: 2024

SAN JOSE, Calif., Dec. 18, 2024 (GLOBE NEWSWIRE) — To support local fire departments and their efforts to provide rescue and emergency services, California Water Service (Cal Water) today announced it will award more than $175,000 in grants to seven California fire departments as part of the utility’s sixth annual Firefighter Grant Program. “As a water provider, we partner closely with fire departments in our service areas, so they have access to a reliable supply of water and pressure to keep our communities safe,” said Martin A. Kropelnicki, Cal Water Chairman and CEO. “Beyond that, we proudly support our local first responders, because when lives are at stake and minutes matter, we want to help these heroes putting their lives on the line to protect others to have the equipment and supplies they need.”From refurbishing a regional...

CALGARY, Alberta, Dec. 18, 2024 (GLOBE NEWSWIRE) — Prairie Provident Resources Inc. (“Prairie Provident” or the “Company”) (TSX:PPR) is pleased to provide an update on its first two Basal Quartz wells in the Michichi area of Central Alberta. Prairie Provident spud the first Basal Quartz horizontal well, 102/03-19-030-18W4, on October 15, 2024. Following the nine-day drilling operation, the well was fracture stimulated and brought on-stream through production test facilities, with produced natural gas being conserved, on November 9, 2024. This represents an on-stream cycle time of 25 days. The well is currently being produced on cleanup with an initial 30-day average production rate (“IP30”) of approximately 275 bbl/d of medium crude oil and 850 Mcf/d of natural gas (415 boe/d). The well is equipped with...

The Marie by LGI HomesThis spacious four-bedroom, two-bath Marie plan features an open-concept floor plan and a two-car garage.MIDDLESEX, N.C., Dec. 18, 2024 (GLOBE NEWSWIRE) — LGI Homes, Inc. (NASDAQ: LGIH) announces the opening of its newest community in Nash County, Choplin Farms, offering modern homes on half-acre to 1+ acre lots. A new plan lineup is available at Choplin Farms with new, never-before-seen floor plans. “Choplin Farms is located only 35 minutes from Downtown Raleigh, nestled in the quiet town of Middlesex. Large half-acre or more homesites provide a beautiful backdrop for these new floor plans,” said Dayne Luck, Vice President of Sales for LGI Homes. With three to four bedrooms, two to two-and-a-half baths and 1,531 to 2,373 square feet, homes at Choplin Farms are designed for comfort and style. Three...

SUGAR LAND, Texas, Dec. 18, 2024 (GLOBE NEWSWIRE) — Applied Optoelectronics, Inc. (NASDAQ: AAOI) (“AOI,” “we,” “us” or “our”) expects to enter into transactions with holders of its 5.25% Convertible Senior Notes due 2026 (the “2026 Notes”) to exchange approximately $80 million principal amount of the 2026 Notes for aggregate consideration consisting of a combination of (i) Convertible Senior Notes due 2030 (the “2030 Notes”), (ii) shares of our common stock (the “Exchange Shares”) and (iii) cash representing accrued interest on the 2026 Notes and the value of fractional shares, if any (such transactions, collectively, the “Exchanges”). Final terms for the Exchanges will be determined at the time of pricing. The 2030 Notes will be our senior, unsecured obligations and will be equal in right of payment with our existing and future...

TORONTO, Dec. 18, 2024 (GLOBE NEWSWIRE) — Odyssey Resources Limited (the “Company”) (TSXV: ODX.H) announces that, effective immediately, James Crombie has resigned as President and Chief Executive Officer and as a member of the board of directors of the Company. The Company also announces the resignations of Alain Krushnisky as Chief Financial Officer and Carole Plante as Corporate Secretary. Concurrent with these changes, the Company announced the appointments of Matthew Goodman as President and Chief Executive Officer and a member of the board of directors, Darcy Donelle as Chief Financial Officer and Mark Pereira as Corporate Secretary. The board of directors of the Company is now composed of David Charles, Gérald Riverin and Matthew Goodman. Both Mr. Charles and Mr. Riverin are independent members of the board. Matthew Goodman...

HONG KONG, Dec. 18, 2024 (GLOBE NEWSWIRE) — Prestige Wealth Inc. (NASDAQ: PWM) (“PWM”, or the “Company”), a wealth management and asset management services provider based in Hong Kong, today announced that, on December 16, 2024, it completed its acquisition of all shares of InnoSphere Tech Inc (“InnoSphere Tech”), a company incorporated under the laws of the British Virgin Islands. PWM also announced that, on December 16, 2024, it completed its acquisition of all shares of Tokyo Bay Management Inc (“Tokyo Bay”), a company incorporated under the laws of the British Virgin Islands. About Prestige Wealth Inc. Prestige Wealth Inc. is a wealth management and asset management services provider based in Hong Kong, assisting its clients in identifying and purchasing well-matched wealth management products and global asset management products....

HARTSVILLE, S.C., Dec. 18, 2024 (GLOBE NEWSWIRE) — Sonoco Products Company (“Sonoco” or the “Company”) (NYSE: SON), a global leader in high-value sustainable packaging, today announced it has entered into an agreement to sell its Thermoformed and Flexibles Packaging business (“TFP”) to TOPPAN Holdings Inc. (“Toppan”) for approximately $1.8 billion on a cash-free and debt-free basis and subject to customary adjustments (the “Transaction”). The Transaction, which reflects the completion of the previously announced strategic review of Sonoco’s TFP business, is subject to customary closing conditions, including regulatory approvals, and is expected to close in the first half of 2025. Net proceeds from the transaction are expected to be used to repay existing debt. “The decision to sell our TFP business accelerates our portfolio simplification...

BROOKFIELD, Conn., Dec. 18, 2024 (GLOBE NEWSWIRE) — Photronics, Inc. (Nasdaq: PLAB), a worldwide leader in photomask technologies and solutions, announced today the appointment of David Garcia to the company’s Board of Directors on December 12, 2024. This election expands Board membership to nine members, seven of whom are independent. Mr. Garcia is currently a strategic advisor and previously spent approximately 30 years practicing law, most recently at Holland & Hart after starting his career at Wilson Sonsini Goodrich & Rosati and Venture Law Group. His extensive experience spans mergers & acquisitions, venture capital financing transactions and securities offerings. He has counseled both publicly and privately held companies in their corporate and governance affairs and has additional experience in structuring...