Month: January 2025

TORONTO, Jan. 16, 2025 (GLOBE NEWSWIRE) — Sintana Energy Inc. (TSX-V: SEI) (“Sintana” or the “Company”) announces today that it has filed stand-alone executive compensation disclosure for the fiscal year ended December 31, 2023 at the request of staff of the Ontario Securities Commission for the purpose of providing required disclosure that would otherwise be provided in a management information circular and/or annual information form containing the enclosed disclosure within six months of the Company’s fiscal year end of December 31, 2023 which are as yet unfiled. The filing of such stand-alone executive compensation disclosure is being effected in order to rectify the foregoing deficiency. In addition, the Company has refiled today its interim financial statements for the six month period ended June 30, 2024 (the “Q2...

NOT FOR DISTRIBUTION IN THE UNITED STATES OR OVER UNITED STATES WIRE SERVICES TORONTO, Jan. 16, 2025 (GLOBE NEWSWIRE) — SmartCentres Real Estate Investment Trust (“SmartCentres” or the “Trust”) (TSX:SRU.UN) announced today that it has priced an offering of $300 million aggregate principal amount of 4.737% Series AB senior unsecured debentures on an agency basis. The Series AB debentures will mature on August 5, 2031. The debentures are being offered by a syndicate of agents with Scotiabank, CIBC Capital Markets, Desjardins Securities, RBC Capital Markets and TD Securities as joint bookrunners, and National Bank Financial, Mizuho Securities, BMO Capital Markets and Casgrain as co-managers. The offering is expected to close on or about February 5, 2025. Morningstar DBRS has provided SmartCentres with a provisional credit rating of...

Twin Hospitality to Commence Trading as Standalone Public Company  LOS ANGELES, Jan. 16, 2025 (GLOBE NEWSWIRE) — FAT (Fresh. Authentic. Tasty.) Brands Inc. (NASDAQ: FAT), a leading global franchising company and parent company of 18 iconic brands, is pleased to announce that its Board of Directors has approved the distribution of a special stock dividend to FAT Brands’ common stockholders of shares of Class A Common Stock (“Twin Common Stock”) of Twin Hospitality Group Inc. (“Twin Hospitality”), the operating unit for its Twin Peaks and Smokey Bones restaurant brands. The distributed shares will represent approximately 5% of the fully diluted shares of Class A Common Stock of Twin Hospitality, and the remaining shares of Twin Hospitality will continue to be held by FAT Brands immediately following the distribution. The distribution...

Chris Orr, Chief Information OfficerChris Orr will lead Orrstown Bank’s technology strategy, leveraging nearly 20 years of experience in consulting, software delivery, and banking.Ben Colvard, Chief Operations OfficerBen Colvard will oversee Orrstown Bank’s operational strategy and ensure alignment of people, processes, and technology to deliver exceptional client experiences.HARRISBURG, Pa., Jan. 16, 2025 (GLOBE NEWSWIRE) — Orrstown Bank, a wholly owned subsidiary of Orrstown Financial Services, Inc. (NASDAQ:ORRF), is pleased to announce the addition of two accomplished leaders to its executive team. Chris Orr has been appointed as Chief Information Officer, and Ben Colvard joins as Chief Operations Officer. Both bring extensive experience and proven track records of driving innovation and operational excellence...

New York, NY, Jan. 16, 2025 (GLOBE NEWSWIRE) — Hennessy Capital Investment Corp. VII (the “Company”), a special purpose acquisition company, announced today the pricing of its initial public offering of 17,500,000 units at a price of $10.00 per unit. The units will be listed on The Nasdaq Global Market (“Nasdaq”) and trade under the ticker symbol “HVIIU” beginning tomorrow, Friday, January 17, 2025. Each unit consists of one Class A ordinary share and one right to receive one-twelfth (1/12) of a Class A ordinary share upon the consummation of the Company’s initial business combination (“Share Right”). Once the securities comprising the units begin separate trading, the Company’s Class A ordinary shares and the Share Rights are expected to be listed on Nasdaq under the symbols “HVII” and “HVIIR,” respectively. The offering is expected...

Q4 Revenue and EBITDA Negatively Impacted by Customer-Driven Project DelaysTremendous Q4 Bookings at Over $210 million Establishes New Record and Highest-Ever Backlog Completed Acquisition of Verantis in Late Q4 and Announces Intention to Divest Fluid Handling Business2025 Full Year Outlook Affirmed ADDISON, Texas, Jan. 16, 2025 (GLOBE NEWSWIRE) — CECO Environmental Corp. (Nasdaq: CECO) (“CECO” or the “Company”), a leading environmentally focused, diversified industrial company whose solutions protect people, the environment, and industrial equipment, today announced preliminary financial results for the fourth quarter and full year 2024 and provided an update on further portfolio transformation. The Company also affirmed its previously announced full year 2025 outlook. Fourth Quarter and Full Year Preliminary Results For...

SAN DIEGO, Jan. 16, 2025 (GLOBE NEWSWIRE) — Encore Capital Group, Inc. (Nasdaq:ECPG), an international specialty finance company, announced today that it will release its financial results for the fourth quarter 2024 on Wednesday, February 26, 2025, after the market closes. The Company will also host a conference call and slide presentation the same day at 2:00 p.m. Pacific / 5:00 p.m. Eastern time with Ashish Masih, President and Chief Executive Officer, Jonathan Clark, Executive Vice President and Chief Financial Officer, and Bruce Thomas, Vice President, Global Investor Relations, presenting and discussing the reported results. Members of the public are invited to access the live webcast via the Internet by logging in on the Investor Relations page of Encore’s website at www.encorecapital.com. To access the live conference...

Brand Commemorates Five Decades with Deals, Charitable Initiatives and Delicious New Flavors LOS ANGELES, Jan. 16, 2025 (GLOBE NEWSWIRE) — El Pollo Loco, the nation’s leading fire-grilled chicken restaurant chain, proudly marks its 50th anniversary. From humble beginnings in Sinaloa, Mexico, in 1975 and eventual move to Los Angeles in 1980, El Pollo Loco has always been committed to flavor, quality, and community. To celebrate the milestone, the brand will kick off a year-long celebration, starting with Loco Friday Drops, consisting of various deals and giveaways announced exclusively on Fridays to Loco Rewards Members. Loco Friday Drops kick off this Friday (1/17) with an 8-pc Leg & Thigh Family Meal for $19.75 at participating locations. New deals will drop for Loco Rewards Members every Friday for the remaining 50 weeks...