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Month: May 2025

Leading Proxy Advisory Firm ISS Recommends Shareholders Vote “FOR” ONLY Tejon’s 10 Director Nominees

TEJON RANCH, Calif., May 02, 2025 (GLOBE NEWSWIRE) — Tejon Ranch Co. (NYSE: TRC), (“Tejon” or the “Company”), a diversified real estate development and agribusiness company, today announced that Institutional Shareholder Services (ISS) has recommended that shareholders vote “FOR” ONLY Tejon’s 10 highly-qualified director nominees on the Company’s WHITE Proxy Card in connection with its Annual Meeting of Shareholders scheduled for May 13, 2025. In its May 2, 2025, report, ISS highlighted:1Bulldog Investors (“Bulldog”) “has not presented a compelling case for change. As such, support for all management nominees is warranted on the management card.”“Moreover, the dissident does not even provide a public view on which management nominees it hopes to unseat, and two of the dissident’s three nominees are already overboarded....

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Abaxx Files Early Warning Report with Respect to Base Carbon

TORONTO, May 02, 2025 (GLOBE NEWSWIRE) — Abaxx Technologies Inc. (CBOE: ABXX) (OTCQX: ABXXF) (“Abaxx” or the “Company”) announces today that it has filed an early warning report in respect of its holdings in Base Carbon Inc. (“Base”). On May 2, 2025, Abaxx acquired 3,700,000 common shares of Base by way of private agreement (the “Acquisition”) for an aggregate purchase price of C$1,515,150 at C$0.4095 per common share. At the time of filing its audited consolidated financial statements for the fiscal year 2024, Abaxx held 19,339,630 common shares of Base. Immediately prior to the Acquisition, Abaxx held 15,639,630 common shares of Base, representing 14.32% of the outstanding common shares of Base on an undiluted basis. Immediately after the Acquisition, Abaxx held 19,339,630 common shares of Base, representing 17.7% of the outstanding...

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Eloro Resources Announces Closing of $2.5 Million Non-Brokered Private Placement

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR RELEASE, PUBLICATION, DISTRIBUTION OR DISSEMINATION DIRECTLY, OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES. TORONTO, May 02, 2025 (GLOBE NEWSWIRE) — Eloro Resources Ltd. (“Eloro” or the “Company”) (TSX: ELO; OTCQX: ELRRF; FSE: P2QM) is pleased to announce the closing of its previously announced non-brokered private placement offering (the “Offering”) for aggregate gross proceeds of $2.5 million. Under the Offering, the Company sold an aggregate of 2,631,578 units of the Company (the “Units”) at a price of C$0.95 per Unit. Each Unit consists of one common share of the Company (each, a “Common Share”) and one-half of one common share purchase warrant of the Company (each whole warrant, a “Warrant”). Each Warrant will entitle the holder thereof to acquire...

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Northfield Capital Engages Independent Trading Group As Market Maker

TORONTO, May 02, 2025 (GLOBE NEWSWIRE) — Northfield Capital Corporation (TSX-V: NFD.A) (“Northfield” or the “Corporation”), a proudly Canadian investment company, announces that, subject to regulatory approval, it has engaged the services of Independent Trading Group (“ITG”) to provide market-making services in accordance with the rules and policies of the TSX Venture Exchange (the “TSXV”). ITG will trade shares of the Corporation on the TSXV and all other trading venues with the objective of maintaining a reasonable market and improving the liquidity of the Corporation’s shares. Under the agreement, ITG will receive compensation of CAD$5,000 per month, payable monthly in advance. The agreement is for an initial term of six months and will renew for additional one-month terms unless terminated. The agreement may be terminated...

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Hepsiburada Announces the Fourth Bond Issuance of Hepsifinans

ISTANBUL, May 03, 2025 (GLOBE NEWSWIRE) — D-MARKET Electronic Services & Trading (d/b/a “Hepsiburada”) (NASDAQ: HEPS), a leading Turkish e-commerce platform, today announced the fourth bond issuance of its indirect wholly owned subsidiary, Hepsi Finansman A.Ş. (“Hepsifinans”), at a nominal value of TRY 66,950,000. Further to our disclosure in a report on Form 6-K furnished on September 11, 2024 regarding the Capital Markets Board’s approval of Hepsifinans’s issuance of bonds or bills with a total aggregate principal amount of up to TRY 1,050,000,000 in one or more tranches within one year, Hepsiburada announces that Hepsifinans closed its fourth bond issuance to domestic qualified investors on April 30, 2025. The bonds have an aggregate principal amount of TRY 66,950,000 with a six-month maturity. The bonds will accrue interest...

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Mount Logan Capital Inc. Schedules Release of First Quarter 2025 Results

TORONTO, May 02, 2025 (GLOBE NEWSWIRE) — Mount Logan Capital Inc. (CBOE: MLC) (“Mount Logan” or the “Company”) will release its financial results for the first quarter ended March 31, 2025 after market close on Thursday, May 15, 2025. The Company will host a conference call on Friday, May 16, 2025, at 11:00 a.m. Eastern Time to discuss these results. Shareholders, prospective shareholders, and analysts are welcome to listen to the conference call. To join the call, please use the dial-in information below. A recording of the conference call will be available on Mount Logan’s website www.mountlogancapital.ca in the Investor Relations section under “Events”. Canada Dial-in Toll Free: 1-833-950-0062US Dial-in Toll Free: 1-833-335-0887International Dial-in:Access Code: 813165 About Mount Logan Capital Inc. Mount Logan Capital Inc....

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XCEL BRANDS, INC. Receives NASDAQ notice regarding late Form 10-K filing

NEW YORK, May 02, 2025 (GLOBE NEWSWIRE) — Xcel Brands, Inc. (NASDAQ: XELB) (“Xcel” or the “Company”), today announced that on April 29, 2025, it received a delinquency notification letter from the Nasdaq Stock Market LLC (“Nasdaq”) indicating that the Company was not in compliance with Nasdaq Listing Rule 5250(c)(1), because it had not timely filed its Annual Report on Form 10-K for the year ended December 31, 2024 (the “Form 10-K”). The Nasdaq notice has no immediate effect on the listing or trading of the Company’s common stock on the Nasdaq Capital Market. Nasdaq has informed the Company that it must submit a plan of compliance (the “Plan”) within 60 calendar days, addressing how it intends to regain compliance with Nasdaq’s listing rules and, if Nasdaq accepts the Plan, it may...

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Credicorp Ltd.: Credicorp’s Earnings Release and Conference Call 1Q25

Lima, May 02, 2025 (GLOBE NEWSWIRE) — Lima, PERU, April, May 2nd, 2025 – Credicorp Ltd. announces to its shareholders and the market that its 1Q25 Earnings Release Report will be released on Thursday, May 15th, 2025, after market close. Credicorp’s Webcast / Conference Call to discuss such results will be held on Friday, May 16th, 2025, at 10:30 a.m. ET (9:30 a.m. Lima, Peru time). The call will be hosted by: Gianfranco Ferrari – Chief Executive Officer, – Alejandro Perez Reyes – Chief Financial Officer, Francesca Raffo – Chief Innovation Officer, Cesar Rios – Chief Risk Officer, Cesar Rivera – Head of Insurance and Pensions, Carlos Sotelo – Mibanco CFO and Investor Relations Team. We encourage participants to pre-register for the listen-only webcast presentation using the following link: https://dpregister.com/DiamondPassRegistration/register?confirmationNumber=10199249&linkSecurityString=ff0433990d Callers...

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Microchip Technology Appoints Long-Time TSMC Executive Rick Cassidy to Its Board of Directors

CHANDLER, Ariz., May 02, 2025 (GLOBE NEWSWIRE) — (NASDAQ: MCHP) – Microchip Technology Incorporated, a leading provider of smart, connected and secure embedded control solutions, today announced that Rick Cassidy, Senior Vice President of Corporate Strategy Development at Taiwan Semiconductor Manufacturing Co. Ltd. (TSMC) and Chairman of TSMC Arizona, will join the Board of Directors of Microchip effective May 2, 2025. Regarding Mr. Cassidy’s appointment to the board, Microchip’s President and CEO, Steve Sanghi, said, “We are thrilled to welcome Rick Cassidy to Microchip’s Board of Directors. During his nearly three decades at TSMC, Rick has held significant leadership roles which include President and CEO of TSMC North America, and the founding President and CEO of TSMC Arizona, where today he holds the title of Chairman....

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COMSTOCK RESOURCES, INC. ANNOUNCES DUAL LISTING ON NYSE TEXAS

FRISCO, TX, May 02, 2025 (GLOBE NEWSWIRE) — Comstock Resources, Inc. (“Comstock” or the “Company”) (NYSE: CRK) today announced a dual listing of its common stock on NYSE Texas, the newly launched fully electronic equities exchange headquartered in Dallas, Texas. M. Jay Allison, Chief Executive Officer of Comstock commented, “We are honored to become a Founding Member of NYSE Texas and show our support for the growth, momentum, and entrepreneurial spirit of the Lone Star State. Texas has a strong, diverse economy poised for continued success.” “We are thrilled to welcome Comstock Resources as a Founding Member of NYSE Texas,” said Chris Taylor, Chief Development Officer, NYSE Group. “The NYSE is committed to providing new offerings for our world-class community of listed companies and this dual listing underscores...

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