Mojave

CADIZ INC. ANNOUNCES AGREEMENT TO ACQUIRE WATER TREATMENT TECHNOLOGY COMPANY ATEC SYSTEMS

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Tuesday, October 25, 2022
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LOS ANGELES, Oct. 25, 2022 /PRNewswire/ -- Cadiz Inc. (NASDAQ: CDZI, CDZIP) ("Cadiz," the "Company") today announced a definitive agreement to acquire ATEC Systems, Inc., ("ATEC"), a leading provider of technologically-advanced, cost-effective groundwater filtration systems for community, municipal, agricultural and industrial use.

Key Points: 
  • Adding the ATEC business to the Cadiz portfolio diversifies its range of innovative, sustainable clean water solutions and expands Cadiz' mission to provide safe, affordable drinking water to underserved communities.
  • The Company's flagship initiative is the Cadiz Water Conservation and Storage Project ("Cadiz Water Project"), which captures surplus groundwater before it evaporates in the desert and stores it underground.
  • The Company installed ATEC systems to test the removal of naturally occurring minerals for operation of the Cadiz Water Project and identified ATEC as the best in class, most cost-effective treatment technology for removing minerals from groundwater supplies.
  • ATEC technology is being used to provide filtration systems at tribal wells to ensure safe drinking water on tribal lands.

Arizona Financial Completes Acquisition of Horizon Community Bank

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Saturday, October 1, 2022
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PHOENIX, Oct. 1, 2022 /PRNewswire-PRWeb/ --  Arizona Financial Credit Union ("Arizona Financial") announced today that it has completed its planned purchase of assets and assumption of liabilities of Horizon Community Bank ("Horizon Community"), an Arizona state-chartered bank headquartered in Lake Havasu City, Arizona, and a wholly-owned subsidiary of Horizon Bancorp, Inc. (OTC Pink: HRRB) ("Horizon Bancorp").

Key Points: 
  • Arizona Financial Credit Union ("Arizona Financial") announced today that it has completed its planned purchase of assets and assumption of liabilities of Horizon Community Bank ("Horizon Community"), an Arizona state-chartered bank headquartered in Lake Havasu City, Arizona, and wholly-owned subsidiary of Horizon Bancorp, Inc. (OTC Pink: HRRB) ("Horizon Bancorp").
  • PHOENIX, Oct. 1, 2022 /PRNewswire-PRWeb/ -- Arizona Financial Credit Union ("Arizona Financial") announced today that it has completed its planned purchase of assets and assumption of liabilities of Horizon Community Bank ("Horizon Community"), an Arizona state-chartered bank headquartered in Lake Havasu City, Arizona, and a wholly-owned subsidiary of Horizon Bancorp, Inc. (OTC Pink: HRRB) ("Horizon Bancorp").
  • "Arizona Financial has demonstrated their competency and commitment null [to community banking and they __title__ null]have become a great partner throughout this process," said Ralph Tapscott, former President and CEO of Horizon Community who will now serve as the Western Arizona Market President for Arizona Financial.
  • Arizona Financial was advised by Honigman LLP, as legal counsel, and McQueen Financial, as financial advisor.

CADIZ INC. DECLARES QUARTERLY DIVIDEND FOR Q3 2022 ON SERIES A CUMULATIVE PERPETUAL PREFERRED STOCK

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Friday, September 23, 2022
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LOS ANGELES, Sept. 23, 2022 /PRNewswire/ -- Cadiz Inc. (NASDAQ: CDZI/CDZIP) ("Cadiz", the "Company") today announced that its Board of Directors has declared the following cash dividend on Cadiz's 8.875% Series A Cumulative Perpetual Preferred Stock (the "Series A Preferred Stock").

Key Points: 
  • LOS ANGELES, Sept. 23, 2022 /PRNewswire/ -- Cadiz Inc. (NASDAQ: CDZI/CDZIP) ("Cadiz", the "Company") today announced that its Board of Directors has declared the following cash dividend on Cadiz's 8.875% Series A Cumulative Perpetual Preferred Stock (the "Series A Preferred Stock").
  • Holders of Series A Preferred Stock will receive a cash dividend equal to $550.00 per whole share.
  • Holders of depositary shares, each representing a 1/1000 fractional interest in a share of Series A Preferred Stock (Nasdaq: CDZIP), will receive a cash dividend equal to approximately $0.55 per depositary share.
  • The dividend will be paid on October 14, 2022 to respective holders of record as of the close of business on October 4, 2022.

CADIZ INC. ANNOUNCES WELLFIELD EXPANSION AND COMPLETION OF PIPELINE CONVERSION STUDY

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Wednesday, September 21, 2022
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LOS ANGELES, Sept. 21, 2022 /PRNewswire/ -- Cadiz Inc. (NASDAQ: CDZI/CDZIP) ("Cadiz", the "Company") announced today that it will begin construction of three new groundwater wells at Cadiz Ranch in October and initial engineering study for the conversion of the Company's 220-mile oil and gas pipeline to transport water ("Northern Pipeline Project") has been completed.  Once the three new wells are constructed and come online in early 2023, Cadiz will have 12 wells in operation with a total capacity of 36,000 acre-feet of water per year (AFY), a 33% increase over the current wellfield production capacity of 27,000 AFY. 

Key Points: 
  • Cadiz retained global engineering firm Stantec (NYSE: STN) to conduct the engineering study for the Northern Pipeline Project.
  • "With these new wells online, our wellfield will have sufficient capacity to fill our Northern Pipeline and meet the needs of our agricultural operations."
  • The Cadiz wellfield at the Ranch captures groundwater that would otherwise be lost to evaporation from the Mojave Desert watershed.
  • The Cadiz Ranch agricultural operation follows a sustainable groundwater management plan that has been administered by the County of San Bernardino since 1993.

FIELD AND CADIZ INC. ANNOUNCE AGREEMENT TO CREATE STATE-OF-THE-ART TECHNOLOGY INNOVATION CENTER AND CAREER-TECH TRAINING FOCUSED ON CLEAN WATER

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Thursday, September 15, 2022
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TEHACHAPI, Calif. and CADIZ, Calif., Sept. 15, 2022 /PRNewswire/ -- Farmworkers Institute of Education & Leadership Development (FIELD) and Cadiz Inc. (NASDAQ: CDZI) today announced an agreement to create a state-of-the-art technology innovation and learning center to provide education, work-based training and business opportunities in poor, minority communities.

Key Points: 
  • TEHACHAPI, Calif. and CADIZ, Calif., Sept. 15, 2022 /PRNewswire/ -- Farmworkers Institute of Education & Leadership Development (FIELD) and Cadiz Inc. (NASDAQ: CDZI) today announced an agreement to create a state-of-the-art technology innovation and learning center to provide education, work-based training and business opportunities in poor, minority communities.
  • FIELD's CTE program at Cadiz Ranch will focus on water conservation, water quality, groundwater management and strategies to adapt to the impacts of climate change on water resources and agriculture.
  • The creation of the Cadiz Innovation Center is the Company's latest initiative to deliver clean water solutions to disadvantaged communities.
  • With state-of-the-art groundwater management technology, the Project will put conserved water to beneficial use and create a much-needed groundwater bank interconnecting California's existing water infrastructure.

CADIZ INC. ISSUES STATEMENT ON FEDERAL COURT RULING IN CASES CHALLENGING CONVERSION OF FORMER OIL & GAS PIPELINE TO TRANSPORT WATER

Retrieved on: 
Wednesday, September 14, 2022
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In its ruling, the Court granted Interior's motion for voluntary remand, sending the permits back to the BLM while the agency considers the scope of environmental review required to approve conversion of the pipeline to transport water over BLM lands.

Key Points: 
  • In its ruling, the Court granted Interior's motion for voluntary remand, sending the permits back to the BLM while the agency considers the scope of environmental review required to approve conversion of the pipeline to transport water over BLM lands.
  • There is a status conference with the Court set for September 26, 2022.
  • Cadiz' ownership of the pipeline is unaffected by the Court's ruling, and any additional environmental review required by the BLM to convert the pipeline to transport water will be done concurrently with the existing construction schedule.
  • Full environmental review of the Cadiz Water Conservation and Storage Project was completed in 2012 with a final ruling issued by the California Court of Appeal in 2016.

ROOTED IN MINDFULNESS JW MARRIOTT LAUNCHES GARDEN COLLABORATION WITH LILY KWONG

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Wednesday, April 13, 2022
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BETHESDA, Md., April 13, 2022 /PRNewswire/ -- JW Marriott, part of Marriott Bonvoy's portfolio of 30 extraordinary hotel brands, today announces the debut of three herb gardens envisioned and planted by renowned landscape designer Lily Kwong as part of the brand's JW Garden program. Kwong, whose reverence for nature comes to life through her breathtaking botanical installations, is the founder of Studio Lily Kwong, a next-generation landscape design studio with a mission to reconnect people to nature. JW Marriott is guided by similar principles, with a commitment to mindfulness that allows guests to be present in mind, nourished in body and revitalized in spirit – pillars that directly align to the JW Garden experience. Kwong's JW Garden projects are currently growing at JW Marriott Desert Springs Resort & Spa; JW Marriott Orlando Bonnet Creek Resort & Spa; and JW Marriott Essex House New York.

Key Points: 
  • JW Marriott is guided by similar principles, with a commitment to mindfulness that allows guests to be present in mind, nourished in body and revitalized in spirit pillars that directly align to the JW Garden experience.Kwong's JW Garden projects are currently growing at JW Marriott Desert Springs Resort & Spa; JW Marriott Orlando Bonnet Creek Resort & Spa; and JW Marriott Essex House New York.
  • To further honor the collaboration and tie back to the mission of the JW Garden program, JW Marriott will donate to one of Lily's favorite charitable organizations in each destination.
  • Both Lily and JW Marriott hope the JW Garden inspires guests to plant a garden of their own and have created an Herb Garden Kit Curated by Studio Lily Kwong for JW Marriott featuring: Halden Garden heirloom Thyme, Mint and Oregano seeds; Kanso planters made of upcycled ricehusk, bamboo fiber and wheat husk waste; JW Marriott chef-crafted recipe cards; and a journal collaboration with poet Mia Moretti.
  • Visit JW Marriott online ,and on Instagram and Facebook .JW Marriott is proud to participate in Marriott Bonvoy, the global travel program from Marriott International.

Arizona Corporation Commission Approves Acquisitions By Cactus State Utility Operating Company, A Division of Central States Water Resources

Retrieved on: 
Monday, January 10, 2022
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"We have a recognized track record of purchasing water and wastewater utility systems that are in severe disrepair – often posing a very real danger to both public health and safety and the environment -- and quickly bringing them into compliance," said Josiah Cox, president of Cactus State and CSWR. "There's much work to be done, so we're going to roll up our sleeves, make the necessary investments needed to ensure these systems are managed safely and reliably, and get to work."

Key Points: 
  • PHOENIX, Jan. 10, 2022 /PRNewswire-PRWeb/ --The Arizona Corporation Commission has approved the acquisitions of water and wastewater utilities located in Cleburne, Coconino, Gila, Greenlee, La Paz, Mohave, Pinal, Yavapai, and Yuma counties by Cactus State Utility Operating Company, a division of Central States Water Resources (CSWR), one of the 15 largest investor-owned water and wastewater utilities in the U.S.
  • The Arizona Corporation Commission approved the application determining the need for the service, Cactus State's qualifications to serve, the company's financial ability to provide service, Cactus State's economic feasibility to serve, and promotion of serving the public interest.
  • The acquisitions mark the entry of CSWR the parent company of Cactus State Utility Operating Company into the state of Arizona.
  • Cactus State Utility Operating Company is a division of Central States Water Resources (CSWR) which is transforming how water utilities work by using technology and innovation to bring safe, reliable and environmentally responsible water resources to every community in the U.S.

Golden Nugget Online Gaming Awarded Arizona Tribal Events Wagering Operator License

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Monday, August 30, 2021
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HOUSTON, Aug. 30, 2021 /PRNewswire/ -- Golden Nugget Online Gaming, Inc. (Nasdaq: GNOG) ("GNOG") along with its partner Grand Canyon Resort Corporation ("GRCR"), a wholly owned company of the Hualapai Tribe, announced today that the Arizona Department of Gaming has awarded the partnership an online tribal event wagering operator license.

Key Points: 
  • HOUSTON, Aug. 30, 2021 /PRNewswire/ -- Golden Nugget Online Gaming, Inc. (Nasdaq: GNOG) ("GNOG") along with its partner Grand Canyon Resort Corporation ("GRCR"), a wholly owned company of the Hualapai Tribe, announced today that the Arizona Department of Gaming has awarded the partnership an online tribal event wagering operator license.
  • "With an outstanding partner in Golden Nugget, we will establish a top-tier event wagering operation through our Grand Canyon Resort Corporation.The Golden Nugget brand is certainly no stranger to the residents of Arizona.
  • With the Las Vegas and Laughlin casino properties bordering our state, Golden Nugget has been providing legal sports betting and casino wagering entertainment to Arizonans for over 70 years.
  • Golden Nugget Online Gaming, Inc. is a leading online gaming company that is considered a market leader by its peers and was first to bring Live Dealer and Live Casino Floor to the United States online gaming market.

Black Mountain Gold USA Corp. Confidently Developing Its Mohave Gold Project with Industry ‘Dream Team’

Retrieved on: 
Thursday, July 29, 2021
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NEW YORK, NY, July 29, 2021 (GLOBE NEWSWIRE) -- Black Mountain Gold USA Corp. (OTCQB: BMGCF) (TSXV: BMG) (FSE: 9WW) is confidently moving forward with its Exploration Plan of Operation on the companys Mohave Gold Project in the Black Mountains of Mohave County, Arizonaand for good reason.

Key Points: 
  • NEW YORK, NY, July 29, 2021 (GLOBE NEWSWIRE) -- Black Mountain Gold USA Corp. (OTCQB: BMGCF) (TSXV: BMG) (FSE: 9WW) is confidently moving forward with its Exploration Plan of Operation on the companys Mohave Gold Project in the Black Mountains of Mohave County, Arizonaand for good reason.
  • BMG is in very capable hands as it moves into the future and develops the Mohave Gold Project.
  • To learn more about Black Mountain Gold, visit: https://blackmountaingoldusa.com or contact Investor Relations at (604) 662-8184 or email [email protected]
    About Black Mountain Gold USA Corp.
    Black Mountain Gold USA Corp. is currently in the exploration and development stage on its Mohave Gold Project in the Black Mountains of Mohave County, Arizona.
  • Black Mountain Gold has the option to earn 90 percent of the prospective Mohave Gold Project located in the Walker Lane Gold Trend extension into Arizona.