Month: January 2025

Addition of Irving, TX office creates Titanium’s 12th logistics office — 9 in the United States and 3 in Canada. BOLTON, Ontario, Jan. 16, 2025 (GLOBE NEWSWIRE) — Titanium Transportation Group Inc. (“Titanium” or the “Company”) (TSX:TTNM, OTCQX:TTNMF), a leading provider of transportation and logistics services throughout North America, today announced a new logistics office in Irving, TX, marking the opening of the Company’s ninth US operation since 2019, consistent with the Company’s strategic plan to strengthen its penetration of the US market. Ted Daniel, Chief Executive Officer, Titanium Transportation Group commented, “The addition of the Irving office to our footprint reinforces Titanium’s commitment to an asset-light, technology-focused business model. Located in Dallas County, just a short distance...

BALTIMORE, Jan. 16, 2025 (GLOBE NEWSWIRE) — Adams Diversified Equity Fund, Inc. (NYSE: ADX) announces the Fund’s investment returns for 2024. The total return on the Fund’s net asset value for 2024 was 23.6%, with dividends and capital gains reinvested. The comparable figures for the S&P 500 Index and Morningstar U.S. Large Blend Category were 25.0% and 22.7%, respectively. The total return on the Fund’s market price for the period was 28.1%. The Fund paid $2.50 per share in income dividends and realized capital gain distributions to shareholders in 2024, producing an annual distribution rate of 10.9% on net asset value. “In a year of increased volatility related to the presidential election, we were pleased to outperform our peers in 2024 and distribute 10.9% of NAV to shareholders, significantly more than our new commitment...

Generation 5 Field Unit on track to be operational by late January 2025, with a modular design capable of supporting initial commercial production at 10,000 barrels per day All lithium storage facilities on site and complete, ready to stockpile product for future saleCALGARY, Alberta, Jan. 16, 2025 (GLOBE NEWSWIRE) — Volt Lithium Corp. (TSXV: VLT | OTCQB: VLTLF) (“Volt” or the “Company”) is pleased to provide an operational update on the path to commercializing its proprietary and proven next-generation Direct Lithium Extraction (“DLE”) technology for processing oilfield brines. The Company is in the late stages of integrating its Generation 5 Field Unit into its partner’s facility in Texas and remains on track for the new Field Unit to be operational by the end of January 2025. “Our team, in close collaboration with our partner,...

LODI, Calif., Jan. 16, 2025 (GLOBE NEWSWIRE) — Farmers & Merchants Bancorp (OTCQX: FMCB) announced today that Deborah Skinner was appointed to the Board of Directors effective January 15, 2025. Ms. Skinner served as Executive Vice President and Chief Administrative Officer of the Company for 24 years until her retirement from the Company on December 31, 2024. Ms. Skinner brings to the Board of Directors the skills honed over her 40-year banking career culminating in her 24 years as EVP and Chief Administrative Officer at Farmers & Merchants Bank of Central California. In this role, Ms. Skinner oversaw Information Technology, Loan and Deposit Operations, Call Center, Electronic Banking, Compliance, BSA/Fraud, and Treasury Management Operations. During her long career in financial services, she also made significant contributions...

GRAND CAYMAN, Cayman Islands, Jan. 16, 2025 (GLOBE NEWSWIRE) — Patria (Nasdaq:PAX) announced today that it will release financial results for the fourth quarter and full year 2024 on Wednesday, February 12, 2025, and host a conference call via public webcast at 9:00 a.m. ET. To register, please use the following link: https://edge.media-server.com/mmc/p/e5czewmy For those unable to listen to the live broadcast, there will be a webcast replay on the Shareholders section of Patria’s website at https://ir.patria.com/. Patria distributes its earnings releases via its website and email lists. Those interested in firm updates can sign up to receive Patria press releases via email at https://ir.patria.com/ir-resources/email-alerts. About Patria Patria is a global alternative asset manager and industry leader in Latin America. Founded...

These options vest when PRPO stock price is 5x the exercise price NEW HAVEN, Conn., Jan. 16, 2025 (GLOBE NEWSWIRE) — Specialty cancer diagnostics company Precipio, Inc. (NASDAQ: PRPO), announced that options granted to senior management on January 14 would vest when the 10-day VWAP of the Company’s common stock exceeds $30.30 per share – a level 5x greater than the option exercise price, the closing price from Tuesday, January 14. These options have no time-based vesting; if the performance above is not met, the options will not vest. The Compensation Committee approved this form of vesting to incentivize the Company’s senior management team to maximize the Company’s performance and subsequent share price. The Compensation Committee provided the senior management team with the option to elect either the performance-based vesting...

Loan guarantee supports Plug’s domestic hydrogen production plant buildout Plug’s Graham, Texas, plant first beneficiary of loan guarantee SLINGERLANDS, N.Y., Jan. 16, 2025 (GLOBE NEWSWIRE) — Plug Power Inc. (NASDAQ: PLUG), a global leader in comprehensive hydrogen solutions for the green hydrogen economy, closed a $1.66 billion loan guarantee from the U.S. Department of Energy’s (DOE) Loan Programs Office (LPO). “Finalizing this loan guarantee with the Department of Energy represents a significant step in the expansion of our domestic manufacturing and hydrogen production capabilities, which create many high-quality jobs throughout the U.S.,” said Plug CEO Andy Marsh. “In addition to reducing carbon emissions and enhancing the resilience of the U.S. energy grid, we believe the hydrogen economy aligns closely with national security...

LOUDON, Tenn., Jan. 16, 2025 (GLOBE NEWSWIRE) — Malibu Boats, Inc. (Nasdaq: MBUU) announced today that it will release its second quarter fiscal 2025 financial results on Thursday, January 30, 2025, before the market opens. Following the release, the company’s management will host a conference call to discuss the results at 8:30 a.m. Eastern Time on the same day. The call will be hosted by Malibu’s Chief Executive Officer, Steve Menneto, and Chief Financial Officer, Bruce Beckman. Investors and analysts are invited to listen to the conference call by dialing (844) 695-5523 or (412) 317-0699. Alternatively, interested parties can listen to a live webcast of the conference call by logging on to the Investor Relations section on the Company’s website at https://malibuboatsinc.com/investor-information/events-presentations. A replay...

Successful Pilot Converts into Commercial Launch with Fast-Food Chain Operating 1,000+ Locations, Unlocking Recurring Revenue Opportunities VANCOUVER, BC and KIBBUTZ YIFAT, Israel, Jan. 16, 2025 (GLOBE NEWSWIRE) — Beyond Oil Ltd. (CSE: BOIL) (OTCQB: BEOLF) (Frankfurt: UH9) (“Beyond Oil” or the “Company”), a food-tech innovation company dedicated to reducing health risks associated with fried food while lowering operational costs, minimizing waste, and enhancing sustainability, is pleased to announce that, following its news release dated October 29, 2024, it has secured vendor approval and successfully delivered a 16-ton order to a prominent Eastern European restaurant group (the “European Customer”). The European Customer, which operates one of the largest fast-food chains in the region with over 1,000 locations, conducted an...