Day: February 18, 2025

Value Partners Announces Proposed Fund Merger

Written by Customer Service on February 18, 2025. Posted in Mergers And Acquisitions.

WINNIPEG, Manitoba, Feb. 18, 2025 (GLOBE NEWSWIRE) — Value Partners Investments Inc. (“Value Partners”), the manager of the Value Partners Pools, today announces its proposal to merge (the “Merger”) VPI Mortgage Pool (the “Terminating Fund”) into a high interest savings pool, effective on or about April 17, 2025, subject to unitholder approval. The high interest savings pool is anticipated to begin operations on or about March 24, 2025, pending regulatory approval. Effective on or about March 17, 2025, securities of the Terminating Fund will no longer be available for purchase. A unitholder meeting of the Terminating Fund will be scheduled on or about April 16, 2025, where unitholders will be asked to approve the Merger. A notice of meeting will be mailed on or about March 26, 2025 to all investors of record as of March 17, 2025. The...

American Tungsten Announces Non-Brokered LIFE Offering of Shares

Written by Customer Service on February 18, 2025. Posted in Public Companies.

– NOT FOR DISSEMINATION IN THE UNITED STATES OR THROUGH U.S. NEWSWIRE SERVICES – Vancouver, British Columbia, Feb. 18, 2025 (GLOBE NEWSWIRE) — American Tungsten Corp. (CSE:TUNG) (OTCQB: DEMRF) (FSE: RK9) (the “Company” or “American Tungsten“) is pleased to announce that it will proceed with a non-brokered private placement under the Listed Issuer Financing Exemption (as defined herein) of 1,250,000 common shares in the capital of the Company (the “Offered Shares”) at a price of $1.60 per Offered Share for gross proceed of $2,000,000 (the “LIFE Offering”). Subject to compliance with applicable regulatory requirements and in accordance with National Instrument 45-106 – Prospectus Exemptions (“NI 45-106“), the LIFE Offering is being made to purchasers resident in all provinces...

Currency Exchange International, Corp. Announces Strategic Decision to Discontinue Operations of its Subsidiary, Exchange Bank of Canada, Pursue Referral Agreements with Appropriate Parties, and Seek Discontinuance from the Bank Act

Written by Customer Service on February 18, 2025. Posted in Public Companies.

Exchange Bank of Canada is to cease operations and refer the majority of its banknote and payments customers and selected employees to interested parties; Currency Exchange International reiterates long-term positive outlook, with strategic focus on high potential U.S. business growth by leveraging its proprietary FX and payment software.TORONTO, Feb. 18, 2025 (GLOBE NEWSWIRE) — Currency Exchange International, Corp. (“CXI” or the “Company”) (TSX: CXI) (OTC: CURN), today announced its decision to cease the operations of its wholly-owned subsidiary, Exchange Bank of Canada (“EBC”), a federally chartered, non-deposit-taking, non-lending Canadian Schedule I bank. Following the cessation of operations, EBC intends to apply to the Minister of Finance (Canada) to discontinue from the Bank Act. The voluntary discontinuance is expected...

LogicMark, Inc. Announces Closing of $14.4 Million Public Offering

Written by Customer Service on February 18, 2025. Posted in Public Companies.

LOUISVILLE, Ky., Feb. 18, 2025 (GLOBE NEWSWIRE) — LogicMark, Inc. (NASDAQ: LGMK) (the “Company”), a provider of personal emergency response systems, health communications devices, and technology for the growing care economy, today announced the closing of its public offering. The public offering consisted of 2,260,000 units and 22,146,750 pre-funded units, with each unit consisting of one share of common stock (or for each pre-funded unit, one pre-funded warrant in lieu of one share of common stock), one Series C warrant to purchase one share of common stock and one Series D warrant to purchase one share of common stock. Gross proceeds, before deducting placement agent fees and estimated offering expenses, were approximately $14.4 million. The Company currently intends to use the net proceeds from the offering for sales and marketing...

PHX Energy Announces Leadership Succession

Written by Customer Service on February 18, 2025. Posted in Public Companies.

CALGARY, Alberta, Feb. 18, 2025 (GLOBE NEWSWIRE) — PHX Energy Services Corp. (“PHX Energy” or the “Corporation”) (TSX: PHX) today announced that John Hooks, the Corporation’s founder and current Chief Executive Officer (“CEO”) will be transitioning to Executive Board Chair effective March 1, 2025, and its Board of Directors (the “Board”) has appointed, Michael Buker, currently the Corporation’s President, as his CEO successor. In addition to assuming the role of President and CEO, Mr. Buker is expected to be nominated for election to the Board of Directors at the Corporation’s next Annual General Meeting of Shareholders. This transition is part of the Corporation’s succession plan that has been in place for a number of years to ensure continuity in the business strategy and operations. Mr. Hooks will continue...

Hansen Launches AI-Powered Virtual Agent to Enhance Customer Experience

Written by Customer Service on February 18, 2025. Posted in Public Companies.

Hansen unveils its advanced Conversational and Generative AI solution, fine-tuned to enhance customer service experiences with efficient, accurate interactions while reducing costs. MELBOURNE, Australia, Feb. 19, 2025 (GLOBE NEWSWIRE) — Hansen Technologies (ASX:HSN), a leading global provider of software and services to the energy, utilities, communications, and media industries, is unveiling an advanced AI solution to enhance the customer support experience. Hansen’s AI Virtual Agent is a Conversational (ConvAI) and Generative AI (GenAI) solution that is designed to integrate with Customer Information Systems (CIS) and is optimised for Hansen CIS, supporting diverse customer care needs. These can include setting up new accounts, updating personal information, processing bill payments, arranging payment plans, and transferring...

Toll Brothers Reports FY 2025 First Quarter Results

Written by Customer Service on February 18, 2025. Posted in Earnings Releases And Operating Results.

Granite HeightsLas Vegas, NVFORT WASHINGTON, Pa., Feb. 18, 2025 (GLOBE NEWSWIRE) — Toll Brothers, Inc. (NYSE:TOL) (TollBrothers.com), the nation’s leading builder of luxury homes, today announced results for its first quarter ended January 31, 2025. FY 2025’s First Quarter Financial Highlights (Compared to FY 2024’s First Quarter):Net income and earnings per share were $177.7 million and $1.75 per diluted share, compared to net income of $239.6 million and $2.25 per diluted share in FY 2024’s first quarter. Pre-tax income was $221.4 million, compared to $311.2 million in FY 2024’s first quarter. Home sales revenues were $1.84 billion, down 5% compared to FY 2024’s first quarter; delivered homes were 1,991, up 3%. Net signed contract value was $2.31 billion, up 12% compared to FY 2024’s first quarter; contracted homes...

Sonoco Reports Fourth Quarter and Full Year 2024 Results

Written by Customer Service on February 18, 2025. Posted in Earnings Releases And Operating Results.

HARTSVILLE, S.C., Feb. 18, 2025 (GLOBE NEWSWIRE) — Sonoco Products Company (“Sonoco” or the “Company”) (NYSE: SON), a global leader in high-value sustainable packaging, today reported financial results for its fourth quarter and fiscal year ended December 31, 2024. References in today’s news release to consolidated “net sales,” “operating profit,” and “adjusted operating profit,” and Consumer Packaging segment “segment operating profit” and “segment adjusted EBITDA” along with the corresponding year-over-year comparable results, do not include results of the Company’s Thermoformed and Flexibles Packaging business and its global Trident business (collectively, “TFP”), which are being accounted for as discontinued operations. Summary:Expanded global leadership in sustainable metal packaging following the completion of the acquisition...

Athene Holding Ltd. Declares First Quarter 2025 Preferred Stock Dividends

Written by Customer Service on February 18, 2025. Posted in Dividend Reports And Estimates.

WEST DES MOINES, Iowa, Feb. 18, 2025 (GLOBE NEWSWIRE) — Athene Holding Ltd. (“Athene”) announced that it has declared the following preferred stock dividends on its non-cumulative preferred stock (represented by depositary shares, each representing a 1/1,000th interest in a share of preferred stock), payable on March 31, 2025 to holders of record as of March 15, 2025.Quarterly dividend of $396.875 per share on the company’s 6.35% Fixed-to-Floating Rate Perpetual Non-Cumulative Preferred Stock, Series A (the “Series A Preferred Stock”); holders of depositary shares will receive $0.396875 per depositary share. Quarterly dividend of $351.5625 per share on the company’s 5.625% Fixed-Rate Perpetual Non-Cumulative Preferred Stock, Series B (the “Series B Preferred Stock”); holders of depositary shares will receive $0.3515625 per depositary...

ERES Declares February 2025 Monthly Distribution

Written by Customer Service on February 18, 2025. Posted in Public Companies.

TORONTO, Feb. 18, 2025 (GLOBE NEWSWIRE) — European Residential Real Estate Investment Trust (TSX: ERE.UN, “ERES”) is pleased to announce that the trustees of ERES have declared the February 2025 monthly cash distribution of €0.005 per Unit and Class B LP Unit (the “February 2025 Distribution”), being equivalent to €0.06 per Unit annualized. The distribution will be payable to holders of the Units and Class B LP Units (the “Unitholders”) of record on February 28, 2025, with payment on March 17, 2025. The Euro-denominated distribution will be paid in Canadian dollars based on the exchange rate on the date of payment (estimated C$0.00741 per Unit and Class B LP Unit). Registered Unitholders will be provided with an option to elect to receive such distribution in Euros rather than Canadian dollars. If no such election is made, registered...

Day: February 18, 2025

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