Day: January 30, 2025
Record Earnings Up 37% YoY
PHOENIX, Jan. 30, 2025 (GLOBE NEWSWIRE) — RBAZ Bancorp, Inc. (OTCIQ: RBAZ) (the “Company”), parent company of Republic Bank of Arizona (the “Bank” or “RBAZ”), announced a consolidated net income of $793,000, or $0.44 per share, for the quarter ended December 31, 2024 and $3,379,000, or $1.90 per share, for the twelve months ended December 31, 2024 as compared to a consolidated net income of $688,000, or $0.38 per share, for the quarter ended December 31, 2023 and $2,460,000, or $1.36 per share, for the twelve months ended December 31, 2023.
President and CEO Brian Ruisinger stated “I am proud to report record earnings for RBAZ in our 17-year history reflecting a 37% year-over-year increase bolstered by Q4 featuring a 15% increase over the same quarter of the prior year. Solid loan growth at higher yields...
Foremost Clean Energy Provides Clarity Around Halt and Effective Date
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VANCOUVER, British Columbia, Jan. 30, 2025 (GLOBE NEWSWIRE) — Foremost Clean Energy Ltd. (NASDAQ: FMST) (CSE: FAT) (“Foremost” or the “Company“), an emerging North American uranium and lithium exploration company, wishes to provide clarity as a result of a CSE bulletin issued yesterday (the “Original Bulletin”) which indicated that the effective date of the previously announced spin out (the “Spin-Out“) of its gold and silver properties into a new stand-alone public company named Rio Grande Resources Ltd. (“Rio Grande“), pursuant to a plan of arrangement (the “Arrangement“) was anticipated to occur on January 30, 2025.
The Original Bulletin did not reflect the updated anticipated effective date of January 31, 2025 (the “Effective Date”) announced by Foremost in its news...
Almadex Provides Western USA Porphyry Copper-Gold Exploration Update and Plans for 2025
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VANCOUVER, British Columbia, Jan. 30, 2025 (GLOBE NEWSWIRE) — Almadex Minerals Ltd. (“Almadex” or the “Company”) (TSX-V: “DEX”) is pleased to discuss final exploration results from 2024 and the Company’s 2025 exploration plans on its projects in the western USA. Since 2023 the Company has assembled a portfolio of porphyry copper-gold and epithermal gold-silver exploration projects by staking, and the Company expects to make more acquisitions by staking in 2025. The projects acquired to date are located in Nevada, Colorado, New Mexico and Arizona. In 2024 the Company advanced these projects with surface exploration programs including mapping, soil and rock sampling and in some cases IP and magnetics geophysical surveys. Generative work focussed on high sulphidation and porphyry systems continues. Updates...
60 Degrees Pharma Announces Closing of $1.043 Million Registered Direct Offering Priced At-the-Market Under Nasdaq Rules
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WASHINGTON, Jan. 30, 2025 (GLOBE NEWSWIRE) — 60 Degrees Pharmaceuticals, Inc. (NASDAQ: SXTP; SXTPW) (the “Company”), a pharmaceutical company focused on developing new medicines for infectious diseases, today announced the closing of its previously announced registered direct offering priced at-the-market under Nasdaq rules for the purchase and sale of an aggregate of 1,021,549 shares of its common stock at a purchase price of $1.021 per share. In addition, in a concurrent private placement, the Company issued unregistered short-term warrants to purchase up to an aggregate of 2,043,098 shares of common stock. The short-term warrants have an exercise price of $0.771 per share, are exercisable upon issuance and will expire twenty-four months following the date of issuance.
H.C. Wainwright & Co. acted as the exclusive placement...
Oak Ridge Financial Services, Inc. Announces Fourth Quarter and Full Year of 2024 Results, Quarterly Cash Dividend of $0.12 Per Share
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OAK RIDGE, N.C., Jan. 30, 2025 (GLOBE NEWSWIRE) — Oak Ridge Financial Services, Inc. (“Oak Ridge”; or the “Company”) (OTCPink: BKOR), the parent company of Bank of Oak Ridge (the “Bank”), announced unaudited financial results for the fourth quarter and full year of 2024, and a quarterly cash dividend of $0.12 per share.
Full Year 2024 HighlightsEarnings per share of $2.06 for 2024, compared to $2.10 for 2023.
Return on equity of 9.27% for 2024, compared to 10.38% for 2023.
Dividends declared per common share of $0.44 for 2024, compared to $0.30 for 2023.
Tangible book value per common share of $23.02 as of year-end 2024, compared to $22.78 at the end of the prior quarter-end, and $21.36 as of year-end 2023.
Net interest margin of 3.83% for 2024, compared to 3.86% for 2023.
Efficiency ratio of 67.7% for 2024, compared to 68.8%...
California Resources Corporation Announces $100,000 Donation to Southern California Wildfire Relief and Recovery Efforts
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LONG BEACH, Calif., Jan. 30, 2025 (GLOBE NEWSWIRE) — California Resources Corporation (NYSE: CRC), an independent energy and carbon management company, today announced a total contribution of $100,000 to the California Community Foundation and the Los Angeles Fire Department Foundation to support wildfire relief and provision of recovery services to residents impacted by the recent California wildfires. The funds will be equally distributed between the two organizations.
“Our hearts go out to everyone affected by the devastating wildfires across Southern California,” said Francisco Leon, CRC’s President and Chief Executive Officer. “We are deeply grateful to the firefighters, first responders, and organizations working tirelessly to protect our communities and support relief and recovery efforts.”
The California Community Foundation...
Baker Hughes Secures Significant Gas Technology Order for Third Expansion Phase of Aramco’s Jafurah Gas Field
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Contract awarded by Tecnicas Reunidas for six gas compression trains and six propane compressors, including balance of plants and auxiliaries
State-of-the-art technologies to support third expansion phase of the largest unconventional gas field in Saudi ArabiaHOUSTON and LONDON, Jan. 30, 2025 (GLOBE NEWSWIRE) — Baker Hughes (NASDAQ: BKR), an energy technology company, announced Thursday it has been awarded an order by Tecnicas Reunidas for six gas compression trains and six propane compressors, for the third expansion phase of Aramco’s Jafurah gas field, located in the Kingdom of Saudi Arabia. The order was booked in the fourth quarter of 2024.
Building on its broad experience in providing technology solutions for the entire natural gas value chain, Baker Hughes will supply state-of-the-art electric motor driven compression...
DIAGNOS Announces Financial Contribution of $400,000 from the Government of Canada
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BROSSARD, Quebec, Jan. 30, 2025 (GLOBE NEWSWIRE) — Diagnos Inc. (“DIAGNOS” or the “Corporation”) (TSX Venture: ADK, OTCQB: DGNOF, FWB: 4D4A), a pioneer in early detection of critical health issues through the use of its FLAIRE platform based on Artificial Intelligence (AI), announces today that it was granted a financial contribution of up to CA$400,000 from the Canada Economic Development for Quebec Regions organization (CED) to implement an international marketing strategy for CARA (the “Project”).
As per the terms of the financial assistance agreement signed between DIAGNOS and CED, CED has committed to making a refundable contribution up to $400,000 to DIAGNOS, calculated at 50% of eligible expenses related to the Project, for the period of June 7, 2024 to June 30, 2026. Repayment of the contribution by DIAGNOS will begin 24...
The Victory Bancorp, Inc. Announces 2024 Fourth Quarter Earnings
Written by Customer Service on . Posted in Dividend Reports And Estimates.
LIMERICK, Pa., Jan. 30, 2025 (GLOBE NEWSWIRE) — The Victory Bancorp, Inc. (OTCQX: VTYB), the holding company for The Victory Bank, today announced record growth and financial highlights for the year ended December 31, 2024.
Financial Highlights for 2024:Loan Growth: Loans increased by $26.6 million despite much higher interest rates and softening demand for loans, underlining the Bank’s commitment to a strong lending culture and continued investment in lending infrastructure.
Deposit Growth: Deposits grew by $33 million in 2024, driven by the bank’s focus on delivering exceptional customer service and focus on relationship banking.
Capital Acquisition: The Bancorp successfully issued $4.65 million of subordinated debt in the fourth quarter, of which $2.5 million was down-streamed to the bank to support growth initiatives and...
ASUS Announces the Ultra-Light Zenbook A14, Now Available for Pre-Order in Canada
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Combining a minimalist aesthetic, advanced performance, and multi-day battery life – all in one premium ultraportable package
KEY POINTSUnload: Sub-1kg minimalist tone-on-tone all-Ceraluminum™ chassis for the ultimate on-the-go experience
Unplugged: Energy-efficient Snapdragon® X AI-enabled processor can deliver multi-working-day battery life
Unlimited: Optimum Copilot+ performance, user-centric design and seamless cross-device experiencesTORONTO, Jan. 30, 2025 (GLOBE NEWSWIRE) — ASUS today announced that the Zenbook A14 (UX3407QA-DS52-CA) — the lightest 14-inch Copilot+ PC on the market1, and also the first all-Ceraluminum™ ASUS laptop, is now available for pre-order online on the ASUS Store, with shipments beginning on February 14th. It will also be available at select retailers starting February 14th, with...