Government

Imperial to Surrender Giant Copper Property to the Province of British Columbia

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Wednesday, January 19, 2022 - 9:35pm
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VANCOUVER, British Columbia, Jan. 19, 2022 (GLOBE NEWSWIRE) -- Imperial Metals Corporation (the Imperial) (TSX:III) reports that an agreement has been reached with the Province of British Columbia (Province) for the surrender of Imperials Giant Copper mineral claims located 37km east of Hope, BC, Canada.

Key Points: 
  • VANCOUVER, British Columbia, Jan. 19, 2022 (GLOBE NEWSWIRE) -- Imperial Metals Corporation (the Imperial) (TSX:III) reports that an agreement has been reached with the Province of British Columbia (Province) for the surrender of Imperials Giant Copper mineral claims located 37km east of Hope, BC, Canada.
  • The decision to now surrender all remaining claims recognizes the challenges of obtaining mineral exploration and development permits in this area.
  • The consideration payable to Imperial for the surrender, covering all prior investment in the Giant Copper claim area, is C$24 million.
  • Imperial also holds a portfolio of 23 greenfield exploration properties in British Columbia.

DARPA Selects Parsons to Prototype Ground Operations for Blackjack Mission

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Wednesday, January 19, 2022 - 10:00pm
City, Securities Exchange Act of 1934, Forward-looking statement, LinkedIn, Private Securities Litigation Reform Act, Defense Advanced GPS Receiver, Adoption, NYSE, Innovation, PSN, GLOBE, Government, Parsons Corporation, U.S. Securities and Exchange Commission, Intelligence, Time, GOC, SBIR, DARPA, Form, Contract, Blackjack, Federation, LLC, Security (finance), Securities Act of 1933, Failure, Acquisition, Risk management, Communications satellite, Facebook

We are excited to bring Parsons space expertise to DARPA and the Blackjack program through this advanced ground operations prototype, said Ed Baron, senior vice president of Parsons space mission solutions.

Key Points: 
  • We are excited to bring Parsons space expertise to DARPA and the Blackjack program through this advanced ground operations prototype, said Ed Baron, senior vice president of Parsons space mission solutions.
  • Through this expansion of our offering and the ground center operations as a service model, our teams will enable the Blackjack program to autonomously fly their satellites from a wide scope of global ground sites, utilizing Parsons expertise in satellite operations and mission planning.
  • Parsons will develop and demonstrate the ground operations center plan, perform mission planning, execute flight operations, and design and configure the operations facility to support satellite demo mission operations, including orbit monitoring, maneuvering, vehicle health and status, and other flight operations requirements.
  • The company will also deliver end-to-end network connectivity between the GOC and commercial ground station providers, enabling global coverage for the Blackjack mission.

AHF Echoes Lawmakers’ Call to Boost Global Vaccine Supply

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Wednesday, January 19, 2022 - 9:11pm
Congressional News, Views, White House, Federal Government, Public Policy, Government, Health, Public Policy, Other Policy Issues, Pharmaceutical, AIDS, Technology, Vaccine, AHF, White House, COVID-19, COVID-19 policy of the Joe Biden administration, Defense Production Act of 1950, DPA, Defense, AIDS Healthcare Foundation, Instagram, Facebook, Letter, Twitter, RNA transfection, Pharmaceutical industry

The only entity currently in charge of this pandemic response is the virus itself the only way that changes is by having sufficient vaccine quantities to vaccinate our world.

Key Points: 
  • The only entity currently in charge of this pandemic response is the virus itself the only way that changes is by having sufficient vaccine quantities to vaccinate our world.
  • We fully support Senator Warrens and Representative Schakowskys call to utilize the Defense Production Act to increase worldwide manufacturing of vaccines, said AHF President Michael Weinstein.
  • And even though over 60% of the global population has gotten at least one dose of a vaccine, most of the world is still struggling to gain access.
  • To learn more about AHF, please visit our website: www.aidshealth.org , find us on Facebook: www.facebook.com/aidshealth and follow us on Twitter: @aidshealthcare and Instagram: @aidshealthcare
    View source version on businesswire.com: https://www.businesswire.com/news/home/20220119006051/en/

Fire Detection Equipment Global Market Opportunities and Strategies to 2030

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Wednesday, January 19, 2022 - 9:30pm
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DUBLIN, Jan. 19, 2022 /PRNewswire/ -- The "Fire Detection Equipment Global Market Opportunities and Strategies to 2030: COVID-19 Growth and Change" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, Jan. 19, 2022 /PRNewswire/ -- The "Fire Detection Equipment Global Market Opportunities and Strategies to 2030: COVID-19 Growth and Change" report has been added to ResearchAndMarkets.com's offering.
  • It places the market within the context of the wider fire detection equipment market, and compares it with other markets.
  • Market Characteristics - The market characteristics section of the report defines and explains the fire detection equipment market.
  • Trends And Strategies - This chapter describes the major trends shaping the global fire detection equipment market.

Samsara Announces Exercise and Closing of Underwriters' Over-Allotment Option in Initial Public Offering

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Wednesday, January 19, 2022 - 9:23pm
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SAN FRANCISCO, Jan. 19, 2022 /PRNewswire/ --Samsara Inc. ("Samsara") (NYSE: IOT) announced today that the underwriters of the company's initial public offering ("IPO") exercised their previously disclosed over-allotment option and have purchased 3,546,882 shares of Class A common stock (the "Additional Shares").

Key Points: 
  • SAN FRANCISCO, Jan. 19, 2022 /PRNewswire/ --Samsara Inc. ("Samsara") (NYSE: IOT) announced today that the underwriters of the company's initial public offering ("IPO") exercised their previously disclosed over-allotment option and have purchased 3,546,882 shares of Class A common stock (the "Additional Shares").
  • The net proceeds to Samsara from the sale of the Additional Shares were approximately $77.9 million.
  • Morgan Stanley, Goldman Sachs & Co. LLC, J.P. Morgan, and Allen & Company LLC acted as lead book-running managers for the IPO.
  • RBC Capital Markets, Wells Fargo Securities, Evercore ISI, and William Blair acted as book-running managers for the IPO.

PARKE BANCORP, INC. ANNOUNCES FOURTH QUARTER 2021 EARNINGS

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Wednesday, January 19, 2022 - 9:15pm
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The provision for loan losses decreased $1.9 million and $7.1 million for the fourth quarter of 2021 and the year ended December 31, 2021, compared to the same periods in 2020.

Key Points: 
  • The provision for loan losses decreased $1.9 million and $7.1 million for the fourth quarter of 2021 and the year ended December 31, 2021, compared to the same periods in 2020.
  • For the fourth quarter of 2021, non-interest income increased $0.7 million, compared to the same period in 2020.
  • Non-interest expense decreased $0.1 million during the fourth quarter of 2021, and increased $2.2 million for the year ended December 31, 2021, compared to the same periods in 2020.
  • Income tax expense increased $0.5 million for the fourth quarter 2021 and $3.9 million for the year ended December 31, 2021, respectively, compared to the same periods in 2020.

Quantum to Release Fiscal Third Quarter 2022 Financial Results and Host Investor Conference Call on Wednesday, February 9th

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Wednesday, January 19, 2022 - 9:05pm
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SAN JOSE, Calif., Jan. 19, 2022 /PRNewswire/ -- Quantum Corporation (NASDAQ: QMCO) announced today it will release financial results for its third fiscal quarter ended December 31, 2021, on Wednesday, February 9, 2022, after the close of the market.

Key Points: 
  • SAN JOSE, Calif., Jan. 19, 2022 /PRNewswire/ -- Quantum Corporation (NASDAQ: QMCO) announced today it will release financial results for its third fiscal quarter ended December 31, 2021, on Wednesday, February 9, 2022, after the close of the market.
  • Jamie Lerner, Quantum's Chairman and CEO, and Mike Dodson, Chief Financial Officer, will host a conference call at 5:00 p.m. Eastern Time (2:00 p.m. Pacific Time) to discuss the financial results.
  • To access the replay dial 1-877-660-6853 and enter the pass code 13725679 at the prompt.
  • Quantum and the Quantum logo are registered trademarks of Quantum Corporation and its affiliates in the United States and/or other countries.

Touchstone Bankshares Announces Completion of Private Placement of Subordinated Notes Due 2032

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Wednesday, January 19, 2022 - 9:00pm
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PRINCE GEORGE, Va., Jan. 19, 2022 /PRNewswire/ -- Touchstone Bankshares, Inc. (the "Company") (OTC Pink: TSBA), the holding company for Touchstone Bank, announced today the closing of its private placement of $10.0 million of subordinated notes due 2032 (the "Notes").

Key Points: 
  • PRINCE GEORGE, Va., Jan. 19, 2022 /PRNewswire/ -- Touchstone Bankshares, Inc. (the "Company") (OTC Pink: TSBA), the holding company for Touchstone Bank, announced today the closing of its private placement of $10.0 million of subordinated notes due 2032 (the "Notes").
  • The Notes have a maturity date of January 30, 2032, and carry a coupon of 4.00% for the first five years.
  • Thereafter, the Notes will pay interest at the 3-month Secured Overnight Financing Rate plus 263 basis points, resetting quarterly.
  • Touchstone Bankshares, Inc. is the bank holding company for Touchstone Bank.

Paya Announces Acquisition of VelocIT

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Wednesday, January 19, 2022 - 9:01pm
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ATLANTA, Jan. 19, 2022 (GLOBE NEWSWIRE) -- Paya Holdings Inc. (NASDAQ: PAYA) (“Paya”), a leading integrated payments and commerce solution provider, today announced the acquisition of VelocIT Business Solutions (“VelocIT”).

Key Points: 
  • ATLANTA, Jan. 19, 2022 (GLOBE NEWSWIRE) -- Paya Holdings Inc. (NASDAQ: PAYA) (Paya), a leading integrated payments and commerce solution provider, today announced the acquisition of VelocIT Business Solutions (VelocIT).
  • VelocIT brings to Paya industry-leading technologies, deep knowledge of the ERP market, and strong integration experience and expertise.
  • Through the acquisition of VelocIT, Paya will accelerate its product roadmap, scaling the companys solution capabilities and extending its leadership in accounting and ERP integrations.
  • With their technology platform, partnerships, and ERP domain expertise, the acquisition of VelocIT strengthens Payas ability to fulfill that commitment.

MidAmerican Energy Proposes $3.9 Billion “Wind PRIME” Renewable Energy Project

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Wednesday, January 19, 2022 - 7:41pm
Construction & Property, State, Local, Other Natural Resources, Nuclear, Utilities, Natural Resources, Alternative Energy, Public Policy, Government, Environment, Energy, Other Construction & Property, Carbon, Energy, Area studies, Warren, Berkshire Hathaway Energy, CEO, Wind, Iowa Utilities Board, CO2, Environment, Maintenance, Investment, Renewable energy, MidAmerican Energy Company

MidAmerican Energy today announced plans for a $3.9 billion renewable energy project in Iowa, including wind and solar generation, and the exploration of new technologies to advance the companys transition to net-zero greenhouse gas emissions.

Key Points: 
  • MidAmerican Energy today announced plans for a $3.9 billion renewable energy project in Iowa, including wind and solar generation, and the exploration of new technologies to advance the companys transition to net-zero greenhouse gas emissions.
  • Wind PRIME will continue MidAmericans long history of supporting Iowa communities and advancing the states position as a leader in renewable energy.
  • Wind PRIME would result in significant benefits for the environment and MidAmericans customers:
    Deliver 100% renewable energy to customers In 2021, MidAmerican estimates that it delivered 88% renewable energy on an annual basis to customers across the state.
  • When combined with MidAmericans other projects, the 2,092-megawatt Wind PRIME project would allow MidAmerican to provide renewable energy equal to its Iowa customers annual usage.