UDF IV shareholders may receive up to $5.89 per UDF share through a combination of: (i) pre-closing distributions of UDF IV’s own cash from its balance sheet, (ii) shares issued at closing by Ready Capital for UDF IV shares, and (iii) contingent value rights Visit www.udfivreadycapmerger.com for Voting Instructions and Other Information IRVING, Texas, Feb. 04, 2025 (GLOBE NEWSWIRE) — United Development Funding IV (“UDF IV” or the “Trust”) today mailed a letter to UDF IV shareholders urging them to vote “FOR” the Ready Capital merger as soon as possible ahead of the Special Meeting of Shareholders on March 4, 2025. Voting to support the merger is critical to ensuring that shareholders can receive the compelling value it will deliver. Abstentions from voting will have the same effect as votes against the merger. The full text of...

VANCOUVER, British Columbia, Feb. 04, 2025 (GLOBE NEWSWIRE) — Double Deuce Exploration Corp. (CSE-DD) Double Deuce Exploration Corp. (the “Company”) is pleased to announce that it has signed a Definitive Option Agreement (the “Agreement”) from a single private owner (The “Vendor”) to acquire a 100% undivided interest in the Lac Big-Rush Property (the “Property”), located in a highly prospective area within the Chibougamau Mining Camp of Quebec. This prolific camp has experienced a revival of interest over the last few years due to a number of companies focused on advancing noteworthy projects in the resource development stage. For example, Iamgold Corporation’s Nelligan project is host to 73.5 million tonnes at 0.84 gram per tonne (“g/t”) totalling 2.0 Moz in the indicated resource category and 129.5 millions tonnes at 0.87 g/t...

KING CITY, Ontario, Feb. 04, 2025 (GLOBE NEWSWIRE) — ClubLink Corporation ULC (subsidiary of TWC Enterprises Limited), Canada’s largest owner, operator and manager of golf and country clubs, announced today that is has acquired Deer Creek, one of Canada’s largest golf and event complexes, located in Ajax, Ontario, at a purchase price of $45,000,000. Established in 1989, Deer Creek has evolved into a destination that offers 45-holes of championship golf, a nine-hole short course, large driving range and performance academy, all anchored by a stunning 57,000 square foot clubhouse and event centre that provides tremendous hospitality to hundreds of families, businesses, associations and charities annually. Prominently located in Durham Region on 445 acres of land (375 owned and 70 leased), and just minutes away from three, 400-series...

Seasons Arbutus WalkSeasons Arbutus WalkSeasons Wesbrook VillageSeasons Wesbrook VillageTORONTO, Feb. 04, 2025 (GLOBE NEWSWIRE) — Fengate Asset Management (‘Fengate’) is pleased to announce the successful close of two premier seniors housing properties in Vancouver, British Columbia. The acquisition marks Fengate’s and Seasons Retirement Communities’ (‘Seasons’) first venture into the British Columbia market, further growing its portfolio of retirement communities across Canada. The new properties, Seasons Arbutus Walk and Seasons Wesbrook Village, collectively offer 295 rental suites and 88 managed condominium suites located in two of Vancouver’s most sought-after neighbourhoods, offering residents easy access to parks, local amenities, and cultural attractions. Fengate and Seasons are managing this investment...

Acquisition strategically enhances Parsons’ cross-segment environmental remediation capabilities CHANTILLY, Va., Feb. 04, 2025 (GLOBE NEWSWIRE) — Parsons Corporation (NYSE: PSN) announced today that it has acquired TRS Group, Inc. (TRS), an environmental solutions firm that specializes in remediation technology, in an all-cash transaction valued at $36 million. This transaction benefits both Parsons’ Federal Solutions and Critical Infrastructure segments. Formed in 2000, TRS is an industry leader in per and polyfluoroalkyl substances (PFAS), thermal, and holistic environmental remediation, having cleaned hazardous and toxic substances from soil, groundwater, and fire suppression systems for global clients. The company has successfully completed more than 160 in situ thermal remediation projects, establishing itself as a proven...

VANCOUVER, British Columbia, Feb. 04, 2025 (GLOBE NEWSWIRE) — ZenaTech, Inc. (Nasdaq: ZENA) (FSE: 49Q) (BMV: ZENA) (“ZenaTech”), a technology company specializing in AI (Artificial Intelligence) drone, Drone as a Service (DaaS), enterprise SaaS and Quantum Computing solutions, announces that it has signed an LOI (Letter of Intent) to acquire a fifth land survey engineering company located in Southeast Florida. Upon completion, this will be the second acquisition in the Southeast, adding to the Company’s national Drone as a Service business making the speed and precision of AI drones with advanced sensors and LiDAR technology and applications available in a convenient and cost-effective fashion for business and government users. The Company intends to apply the new acquisition to build a fleet of its ZenaDrone AI drones...

EAGLE, Idaho, Feb. 03, 2025 (GLOBE NEWSWIRE) — The Pennant Group, Inc. (NASDAQ: PNTG), the parent company of the Pennant group of affiliated home health, hospice, home care and senior living companies, announced today that effective February 1, 2025, it has acquired three premier senior living facilities in Idaho and Texas. The acquisition in Idaho is subject to a triple net lease with the option to purchase, and the two Texas facilities are subject to a long-term, triple net lease. These acquisitions reinforce Pennant’s commitment to expanding its national footprint and enhancing the quality of care for its senior residents. These transactions expand Pennant’s operations by 188 units, comprised of both assisted living and memory care services. Pennant has strategically positioned itself to meet the growing demand for senior living...

DAYTONA BEACH, Fla., Feb. 03, 2025 (GLOBE NEWSWIRE) — Stephen M. Boyd, president of Bridge Specialty Group (“BSG”), and Mark Berven, president and chief operating officer of Nationwide Property & Casualty, today announced that the parties have entered into an agreement for BSG to acquire NBS Insurance Agency, Inc. (operating as “Nationwide Brokerage Solutions” or “NBS”). The agreement only includes NBS Insurance Agency, Inc. and no other Nationwide affiliated companies. The transaction is expected to close in March 2025, subject to certain closing conditions. Steve Boyd shared, “NBS has served as a wholesaler and market access provider for retail agents for more than 50 years, providing superior service to their customers and retail broker partners. We look forward to welcoming the talented, customer-focused NBS team to Bridge...

Acquisition extends company’s capabilities in wastewater treatment, a key high-growth, sustainable end market Enables Ingersoll Rand to provide more comprehensive wastewater treatment solutions, allowing for greater energy efficiency and increased productivity for customers Creates opportunities to accelerate topline growth through access to municipal markets Attractive purchase multiple of approximately 10x 2024E Adjusted EBITDADAVIDSON, N.C., Feb. 03, 2025 (GLOBE NEWSWIRE) — Ingersoll Rand Inc., (NYSE: IR) a global provider of mission-critical flow creation and life science and industrial solutions, has acquired SSI Aeration, Inc. and its subsidiaries (collectively “SSI”) to extend its capabilities in wastewater treatment. SSI is a global leader in the design and manufacturing of wastewater treatment plant equipment with approximately...

RALEIGH, N.C., Feb. 03, 2025 (GLOBE NEWSWIRE) — Highwoods Properties, Inc. (NYSE:HIW) is today announcing investment and financing transactions that closed during the fourth quarter of 2024 and to date in early 2025. First, the Company has sold in a series of transactions non-core buildings in Raleigh and Tampa for combined gross proceeds of $166.4 million. Gross proceeds from dispositions closed in the fourth quarter of 2024 totaled $21.4 million with the remainder closing early in the first quarter of 2025. The sold properties include one office building encompassing 170,000 square feet in North Raleigh and three buildings encompassing 616,000 square feet in the Westshore submarket of Tampa. On a combined basis, these properties are 88% occupied and were projected to generate $13.6 million of GAAP net operating income and $13.0...