Month: January 2025
VANCOUVER, British Columbia, Jan. 03, 2025 (GLOBE NEWSWIRE) — Western Resources Corp. (TSX: WRX) (“Western Resources” or the “Company“) announces that its principal regulator, the British Columbia Securities Commission, has granted the Company its request for a management cease trade order (“MCTO”) effective January 2, 2025.
As previously announced on December 17, 2024, the Company applied for the MCTO due to a delay in filing its annual information form, audited annual financial statements and related management’s discussion and analysis, and certifications for the financial year ended September 30, 2024 (the “Required Filings“).
The delay to file the Required Filings is due to continuing financial hardship the Company has been experiencing. The Company is working diligently to secure...
ACELYRIN, INC. to Host Virtual Investor Event to Share new Phase 2 Data and Phase 3 Program Design for Subcutaneous Lonigutamab
Written by Customer Service on . Posted in Public Companies.
LOS ANGELES, Jan. 02, 2025 (GLOBE NEWSWIRE) — ACELYRIN, INC. (Nasdaq: SLRN), a late-stage clinical biopharma company focused on accelerating the development and delivery of transformative medicines in immunology, today announced it will host a virtual investor event on Monday, January 6, 2025 at 4:30 PM ET to provide updated Phase 2 data for subcutaneous lonigutamab further supporting its potential for a best-in-class efficacy and safety profile in Thyroid Eye Disease (TED). The event will also feature external clinician perspectives on the continuing unmet needs in TED and disclose the design for the Phase 3 LONGITUDE program, which was developed following a successful End-of-Phase 2 meeting with the FDA to be the most inclusive registrational program to date in TED. To register, click here.
ACELYRIN Chief Executive Officer Mina...
Kayne Anderson Energy Infrastructure Fund Provides Unaudited Balance Sheet Information and Announces Its Net Asset Value and Asset Coverage Ratios as of December 31, 2024
Written by Customer Service on . Posted in Public Companies.
HOUSTON, Jan. 02, 2025 (GLOBE NEWSWIRE) — Kayne Anderson Energy Infrastructure Fund, Inc. (the “Company”) (NYSE: KYN) today provided a summary unaudited statement of assets and liabilities and announced its net asset value and asset coverage ratios under the Investment Company Act of 1940 (the “1940 Act”) as of December 31, 2024.
As of December 31, 2024, the Company’s net assets were $2.4 billion, and its net asset value per share was $13.90. As of December 31, 2024, the Company’s asset coverage ratio under the 1940 Act with respect to senior securities representing indebtedness was 653% and the Company’s asset coverage ratio under the 1940 Act with respect to total leverage (debt and preferred stock) was 488%.STATEMENT OF ASSETS AND LIABILITIESDECEMBER 31, 2024 // (UNAUDITED)
(in millions)Investments
$
3,263.1
Cash...
Sandfire Resources America Inc. Announces Win at the Montana Supreme Court Regarding Water Rights Ruling
Written by Customer Service on . Posted in Public Companies.
WHITE SULPHUR SPRINGS, Mont., Jan. 02, 2025 (GLOBE NEWSWIRE) — Sandfire Resources America Inc. (“Sandfire America” or the “Company”) announces a positive ruling for the Company by the Montana Supreme Court upholding a 2023 District Court decision regarding the water rights related to Tintina Montana Inc.’s Mine Operating Permit, of the Black Butte Copper Project.
The original suit was filed jointly against the Montana Department of Natural Resources and Conservation (“MT DNRC”) and Tintina Montana Inc. (“Tintina,” Sandfire America’s wholly owned subsidiary) in August 2022. As background, Tintina filed its application for a beneficial groundwater permit with the MT DNRC in September 2018. In March 2020, the MT DNRC determined that Tintina had satisfactorily met all the statutory criteria for the issuance of the Permit. The MT DNRC’s...
Algoma Steel Provides Guidance for the Quarter Ended December 31, 2024
Written by Customer Service on . Posted in Public Companies.
SAULT STE. MARIE, Ontario, Jan. 02, 2025 (GLOBE NEWSWIRE) — Algoma Steel Group Inc. (NASDAQ: ASTL; TSX: ASTL) (“Algoma” or “the Company”), a leading Canadian producer of hot and cold rolled steel sheet and plate products, today provided guidance for its quarter ended December 31, 2024. Unless otherwise specified, all amounts are in Canadian dollars.
Total steel shipments for the quarter are expected to be in the range of 545,000 to 550,000 tons and Adjusted EBITDA is expected to be in the range of ($55) million to ($65) million.
Michael Garcia, Chief Executive Officer of Algoma, commented, “Despite market headwinds, our results for the quarter demonstrated solid operational execution, particularly in our plate business where production continued on its upward trajectory. While macroeconomic uncertainties persist in the steel...
Micron Appoints Mike Cordano as Executive Vice President of Worldwide Sales
Written by Customer Service on . Posted in Public Companies.
BOISE, Idaho, Jan. 02, 2025 (GLOBE NEWSWIRE) — Micron Technology, Inc. (Nasdaq: MU) today announced it is appointing Mike Cordano as the company’s executive vice president of worldwide sales, effective immediately. Cordano will succeed Mike Bokan, who announced a few months ago his intention to retire from Micron in fiscal 2025 after more than twenty-eight years with the company. Bokan will support Cordano over the next several months to ensure a seamless transition. Cordano will report directly to Sanjay Mehrotra, President and CEO of Micron.
Cordano joins Micron with a 30-year track record of success in executive leadership, driving innovative business development, and executing successful go-to-market strategies. His experience includes over 8 years at Western Digital (WD), where he held ever-increasing executive positions,...
Tilray Brands Moves Earnings Date to January 10, 2025, in Observance of the National Day of Mourning
Written by Customer Service on . Posted in Public Companies.
Due to the closure of the Securities and Exchange Commission and U.S. stock markets on January 9, in honor of the late former President Jimmy Carter, Tilray has moved its earnings announcement to January 10
NEW YORK and LEAMINGTON, Ontario, Jan. 02, 2025 (GLOBE NEWSWIRE) — Tilray Brands, Inc. (“Tilray” or the “Company”) (Nasdaq: TLRY; TSX: TLRY), a leading global lifestyle and consumer packaged goods company, today announced that the Company will now release its financial results for the second quarter ended November 30, 2024, before the financial market opens on January 10, 2025. The Company originally scheduled the release of its second quarter financial results before market open on January 9, 2025. This change reflects the observance of the National Day of Mourning in honor of former President Jimmy Carter.
Live Conference...
The New America High Income Fund, Inc. Declares Distribution and Announces That Its Shares Will Cease Trading February 11 Prior to Reorganization
Written by Customer Service on . Posted in Dividend Reports And Estimates.
BOSTON, Jan. 02, 2025 (GLOBE NEWSWIRE) — The New America High Income Fund, Inc. (the “Fund”) (NYSE: HYB) announced today that it will pay a distribution of $0.04 per share on the company’s common stock on January 31, 2025 to common shareholders of record as of the close of business on January 17, 2025. The ex-dividend date will be January 17th.
Additionally, as previously announced, the reorganization of the Fund into the T. Rowe Price High Yield Fund (the “T. Rowe Price Fund”), a separate series of the T. Rowe Price High Yield Fund, Inc. (the “Reorganization”) is expected to become effective following the close of business of the New York Stock Exchange on Friday, February 21, 2025, subject to satisfaction of customary closing conditions. Upon the closing of the Reorganization, shareholders of the Fund will become holders of Investor...
Petrus Resources Declares Monthly Dividend for January 2025
Written by Customer Service on . Posted in Dividend Reports And Estimates.
CALGARY, Alberta, Jan. 02, 2025 (GLOBE NEWSWIRE) — Petrus Resources Ltd. (“Petrus” or the “Company”) (TSX: PRQ) is pleased to confirm that its Board of Directors has declared a monthly dividend in the amount of $0.01 per share payable January 31, 2025, to shareholders of record on January 15, 2025. The dividend is designated as an eligible dividend for Canadian income tax purposes.
Dividend Reinvestment Plan (“DRIP”)Petrus’ DRIP enables eligible shareholders to reinvest all or part of their cash dividends into additional common shares of the Company. Participation in the DRIP is optional. Eligible shareholders who elect to reinvest their cash dividends under the DRIP will receive common shares issued from treasury at a discount of 3% from the market price of the common shares.
To participate in the DRIP, registered...
Diversified Royalty Corp. Announces January 2025 Cash Dividend
Written by Customer Service on . Posted in Dividend Reports And Estimates.
VANCOUVER, British Columbia, Jan. 02, 2025 (GLOBE NEWSWIRE) — Diversified Royalty Corp. (TSX: DIV and DIV.DB.A) (the “Corporation” or “DIV”) is pleased to announce that its board of directors has approved a cash dividend of $0.02083 per common share for the period of January 1, 2025 to January 31, 2025, which is equal to $0.25 per common share on an annualized basis. The dividend will be paid on January 31, 2025 to shareholders of record as of the close of business on January 15, 2025.
About Diversified Royalty Corp.
DIV is a multi-royalty corporation, engaged in the business of acquiring top-line royalties from well-managed multi-location businesses and franchisors in North America. DIV’s objective is to acquire predictable, growing royalty streams from a diverse group of multi-location businesses and franchisors.
DIV currently...
