Depository Trust & Clearing Corporation

LIQUID META SECURES DTC ELIGIBILITY AND PROVIDES CORPORATE UPDATE

Retrieved on: 
Tuesday, May 10, 2022

Securities that are eligible to be electronically cleared and settled through DTC are considered "DTC eligible."

Key Points: 
  • Securities that are eligible to be electronically cleared and settled through DTC are considered "DTC eligible."
  • DTC eligibility is expected to simplify the process of trading and enhance liquidity of the Company's common shares in the United States.
  • "Receiving DTC eligibility is a significant step in Liquid Meta's growth plans.
  • However, with more normalized conditions and improvements to our automated technology, Liquid Meta generated positive net yields in February, March and April.

Sprott Inc. Declares First Quarter 2022 Dividend

Retrieved on: 
Thursday, May 5, 2022

TORONTO, May 05, 2022 (GLOBE NEWSWIRE) -- Sprott Inc. (Sprott or the Company) (NYSE/TSX: SII) announced today that its Board of Directors has declared a first quarter 2022 dividend of US$0.25 per common share, payable on May 31, 2022 to shareholders of record at the close of business on May 16, 2022.

Key Points: 
  • TORONTO, May 05, 2022 (GLOBE NEWSWIRE) -- Sprott Inc. (Sprott or the Company) (NYSE/TSX: SII) announced today that its Board of Directors has declared a first quarter 2022 dividend of US$0.25 per common share, payable on May 31, 2022 to shareholders of record at the close of business on May 16, 2022.
  • However, beneficial holders whose intermediary is a participant in CDS, may elect to change the currency of their dividend payments to U.S. dollars and can contact their broker for more details.
  • The dividend is designated as an eligible dividend for Canadian income tax purposes.
  • Sprott is a global leader in precious metal and real asset investments.

BNY Mellon Announces Redemption of 2.661% Fixed Rate / Floating Rate Callable Senior Notes Due 2023

Retrieved on: 
Thursday, May 5, 2022

NEW YORK, May 5, 2022 /PRNewswire/ -- The Bank of New York Mellon Corporation ("BNY Mellon") today announced that it will redeem all of the issued and outstanding 2.661% Fixed Rate/Floating Rate Callable Senior Notes due May 16, 2023 (CUSIP 06406RAC1) (the "Notes").

Key Points: 
  • NEW YORK, May 5, 2022 /PRNewswire/ -- The Bank of New York Mellon Corporation ("BNY Mellon") today announced that it will redeem all of the issued and outstanding 2.661% Fixed Rate/Floating Rate Callable Senior Notes due May 16, 2023 (CUSIP 06406RAC1) (the "Notes").
  • The redemption date for the Notes is May 16, 2022 (the "Redemption Date").
  • The redemption price for the Notes will equal 100% of the principal amount of the Notes plus any accrued and unpaid interest thereon to, but excluding, the Redemption Date (the "Redemption Price").
  • BNY Mellon is the corporate brand of The Bank of New York Mellon Corporation (NYSE: BK).

Arizona Sonoran Receives DTC Eligibility of Common Shares

Retrieved on: 
Tuesday, May 3, 2022

Arizona Sonoran Copper Company Inc. (TSX:ASCU | OTCQX:ASCUF) (ASCU or the Company), an emerging US-based copper developer and near-term producer, is pleased to announce that the Company has received Depository Trust Company (DTC) eligibility which facilitates settlement transfers and electronic clearing of ASCU common shares within the USA.

Key Points: 
  • Arizona Sonoran Copper Company Inc. (TSX:ASCU | OTCQX:ASCUF) (ASCU or the Company), an emerging US-based copper developer and near-term producer, is pleased to announce that the Company has received Depository Trust Company (DTC) eligibility which facilitates settlement transfers and electronic clearing of ASCU common shares within the USA.
  • DTC eligibility enables a simplified process of trading and the transferring of shares, increasing liquidity within the USA due to the accelerated settlement period and expected reduction in costs to potential investors and brokers.
  • DTC eligibility will give ASCUs common shares access to a broader base of brokerage firms and institutions and in addition will increase the overall visibility of the Company.
  • Securities that are eligible to be electronically cleared and settled through the DTC are considered to be DTC eligible.

Guggenheim Investments Announces May 2022 Closed-End Fund Distributions

Retrieved on: 
Monday, May 2, 2022

Distributions may be paid from sources of income other than ordinary income, such as short-term capital gains, long-term capital gains or return of capital.

Key Points: 
  • Distributions may be paid from sources of income other than ordinary income, such as short-term capital gains, long-term capital gains or return of capital.
  • Guggenheim Investments is the global asset management and investment advisory division of Guggenheim Partners, LLC (Guggenheim), with over $252 billion* in assets under management across fixed income, equity, and alternative strategies.
  • Guggenheim Investments includes Guggenheim Funds Investment Advisors, LLC (GFIA), Guggenheim Partners Investment Management, LLC (GPIM), Guggenheim Funds Distributors, LLC (GFD) and Guggenheim Partners Advisors, LLC (GPA).
  • Guggenheim Investments represents the following affiliated investment management businesses of Guggenheim Partners, LLC: Guggenheim Partners Investment Management, LLC, Security Investors, LLC, Guggenheim Funds Distributors, LLC, Guggenheim Funds Investment Advisors, LLC, Guggenheim Corporate Funding, LLC, Guggenheim Partners Europe Limited, Guggenheim Partners Fund Management (Europe) Limited, Guggenheim Partners Japan Limited, GS GAMMA Advisors, LLC, and Guggenheim Partners India Management.

Murphy Oil Corporation Announces Partial Redemption of 6.875% Notes Due 2024

Retrieved on: 
Monday, May 2, 2022

Murphy Oil Corporation (the Company) (NYSE:MUR) announced today that it will redeem $200 million in aggregate principal amount of its 6.875% Senior Notes due 2024 (the Notes) on June 2, 2022, the redemption date for the Notes.

Key Points: 
  • Murphy Oil Corporation (the Company) (NYSE:MUR) announced today that it will redeem $200 million in aggregate principal amount of its 6.875% Senior Notes due 2024 (the Notes) on June 2, 2022, the redemption date for the Notes.
  • Interest on the portion of the Notes selected for redemption will cease to accrue on and after the redemption date.
  • Additional information concerning the terms of the redemption is contained in the notice distributed to holders of the Notes.
  • As an independent oil and natural gas exploration and production company, Murphy Oil Corporation believes in providing energy that empowers people by doing right always, staying with it and thinking beyond possible.

Kiaro Announces DTC Eligibility Approval

Retrieved on: 
Saturday, April 30, 2022

Securities that are eligible to be electronically cleared and settled though DTC are considered "DTC eligible".

Key Points: 
  • Securities that are eligible to be electronically cleared and settled though DTC are considered "DTC eligible".
  • DTC eligibility will simplify the process of trading and is expected to enhance the liquidity of the Company's common shares on the OTC Markets where Kiaro Holdings Corp. trades under the symbol "KIARF".
  • CEO, Daniel Petrov states, "We are pleased to have obtained our DTC eligibility.
  • This eligibility will simplify the process of trading shares in the USA, which will be beneficial to Kiaro and our shareholders.

DTCC Board of Directors Appoints Frank La Salla President & Chief Executive Officer

Retrieved on: 
Monday, April 25, 2022

The Depository Trust & Clearing Corporation (DTCC) today announced that its Board of Directors has appointed Francis (Frank) La Salla, currently Chief Executive Officer of BNY Mellons Issuer Services business and a member of the BNY Mellon Executive Committee, as President and Chief Executive Officer (CEO) of the company, effective August 12.

Key Points: 
  • The Depository Trust & Clearing Corporation (DTCC) today announced that its Board of Directors has appointed Francis (Frank) La Salla, currently Chief Executive Officer of BNY Mellons Issuer Services business and a member of the BNY Mellon Executive Committee, as President and Chief Executive Officer (CEO) of the company, effective August 12.
  • La Salla joins DTCC on June 13, 2022 as CEO-elect, and between June and August, La Salla and Bodson will work together to ensure a seamless and orderly transition of responsibilities.
  • Earlier in his career, La Salla was president and chief operating officer of BNY Clearing Services LLC.
  • We are very pleased to welcome Frank as President and CEO of DTCC, said Robert Druskin, Non-Executive Chairman of DTCCs Board.

BNY Mellon Names Roman Regelman CEO of Securities Services and Digital

Retrieved on: 
Monday, April 25, 2022

Mr. Regelman, a member of the Executive Committee, will continue to lead Digital for BNY Mellon.

Key Points: 
  • Mr. Regelman, a member of the Executive Committee, will continue to lead Digital for BNY Mellon.
  • BNY Mellon CEO Todd Gibbons said, "Frank has a long legacy at BNY Mellon, and we are grateful for his leadership.
  • Mr. Regelman joined BNY Mellon in 2018 as Head of Digital, responsible for setting the strategic direction for the firm's digital future and investments in client and internal digital capabilities, including digital assets and data solutions.
  • Whether providing financial services for institutions, corporations or individual investors, BNY Mellon delivers informed investment and wealth management and investment services in 35 countries.

Northern States Power Company-Minnesota Announces Redemption of 2.15% First Mortgage Bonds, Series due August 15, 2022

Retrieved on: 
Wednesday, April 20, 2022

Northern States Power Company, a Minnesota corporation, announced today that it has submitted a redemption notice to The Depository Trust Company, as registered holder, to redeem all of its outstanding 2.15% First Mortgage Bonds, Series due August 15, 2022 (the Bonds) on May 20, 2022 (the Redemption Date).

Key Points: 
  • Northern States Power Company, a Minnesota corporation, announced today that it has submitted a redemption notice to The Depository Trust Company, as registered holder, to redeem all of its outstanding 2.15% First Mortgage Bonds, Series due August 15, 2022 (the Bonds) on May 20, 2022 (the Redemption Date).
  • The redemption price for the Bonds will be equal to 100% of the principal amount being redeemed plus accrued and unpaid interest thereon to but excluding the Redemption Date.
  • This press release does not constitute a notice of redemption of the Bonds.
  • Holders of the Bonds should refer to the notice of redemption to be delivered through The Depository Trust Company.