The New Release

RioCan achieves high end of FFO guidance range and announces 6% distribution increase

Retrieved on: 
Wednesday, February 15, 2023
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TORONTO, Feb. 15, 2023 (GLOBE NEWSWIRE) -- RioCan Real Estate Investment Trust (“RioCan" or the "Trust”) (TSX: REI.UN) announced today its financial results for the three months and year ended December 31, 2022 (the "Fourth Quarter").

Key Points: 
  • Residential units are presented at 100% ownership but are comprised of 809 rental units which are 100% owned by RioCan and 643 condominium units, which are 25% owned by RioCan.
  • For definitions, reconciliations and the basis of presentation of RioCan's non-GAAP measures, refer to the Basis of Presentation and Non-GAAP Measures section in this News Release.
  • RioCan redeemed, in full, its $300.0 million, 2.83% Series Y unsecured debenture upon maturity on October 3, 2022.
  • As of February 15, 2023, the Trust has $43.0 million of firm or conditional deals or deals that closed subsequent to year end.

Arrow Financial Corporation Names Ivanov CFO

Retrieved on: 
Monday, February 6, 2023
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As CFO, Mr. Ivanov will be responsible for planning and management of all finance, treasury and accounting functions for Arrow, which reported $3.97 billion in assets as of December 31, 2022.

Key Points: 
  • As CFO, Mr. Ivanov will be responsible for planning and management of all finance, treasury and accounting functions for Arrow, which reported $3.97 billion in assets as of December 31, 2022.
  • Mr. Ivanov added, "I am excited to join Arrow and contribute to its track record of stellar financial performance and management.
  • Mr. Ivanov most recently served as Executive Vice President and Chief Financial Officer of Bankwell Financial Group, Inc. in New Canaan, Connecticut.
  • Arrow Financial Corporation (NasdaqGS® - AROW) is a multi-bank holding company headquartered in Glens Falls, New York, serving the financial needs of northeastern New York.

COMMUNITY FIRST BANCORPORATION ANNOUNCES ANNUAL AND FOURTH QUARTER FINANCIAL RESULTS

Retrieved on: 
Monday, January 23, 2023
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WALHALLA, S.C., Jan. 23, 2023 /PRNewswire/ -- Community First Bancorporation, Inc. (OTCQX: CFOK), parent company for Community First Bank, Inc. (the "Bank"), announced its unaudited financial results for the year 2022 and its fourth quarter ended December 31, 2022.

Key Points: 
  • WALHALLA, S.C., Jan. 23, 2023 /PRNewswire/ -- Community First Bancorporation, Inc. (OTCQX: CFOK), parent company for Community First Bank, Inc. (the "Bank"), announced its unaudited financial results for the year 2022 and its fourth quarter ended December 31, 2022.
  • The Company's total consolidated earnings were $1,206,000 for the fourth quarter of 2022 compared to $939,000 recorded for the fourth quarter of 2021.
  • EPS for the fourth quarter of 2022 totaled $0.21 compared to $0.16 for the fourth quarter of 2021.
  • During the fourth quarter of 2022, the Company's net interest margin expanded to 4.00%, an increase of 72 basis points compared to the net interest margin for the fourth quarter of 2021 of 3.28%.

UC Asset receives building permit to renovate legendary landmark Rufus Rose House

Retrieved on: 
Wednesday, December 14, 2022
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Atlanta, GA, Dec. 14, 2022 (GLOBE NEWSWIRE) -- UC Asset (OTCQX: UCASU) confirms today that it has received a building permit from the City of Atlanta to renovate the Rufus Rose House, a historic landmark in downtown Atlanta.

Key Points: 
  • Atlanta, GA, Dec. 14, 2022 (GLOBE NEWSWIRE) -- UC Asset (OTCQX: UCASU) confirms today that it has received a building permit from the City of Atlanta to renovate the Rufus Rose House, a historic landmark in downtown Atlanta.
  • “This is the first time in the past two decades that an owner of this legendary property has been able to secure a building permit,” declares Greg Bankston, managing partner of UC Asset.
  • “We are confident that we can achieve similar results with Rufus Rose House.”
    There are probably other revenue sources for this historic landmark.
  • Even before reception of the building permit, UC Asset has done preparatory works for renovation.

UCASU signed deal to sell farmland at $2.05 million for $700K gross profit

Retrieved on: 
Monday, November 7, 2022
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UC Asset acquired the land in October 2016 for approximately $800,000.

Key Points: 
  • UC Asset acquired the land in October 2016 for approximately $800,000.
  • To this moment, the total cost of UC Asset on this property is $1.35 million.
  • This means that US Asset will book approximately $700,000 of gross profit from this sale.
  • The management of UC Asset confirms that the company is working on another deal which may generate more profits before the end of year.

COMMUNITY FIRST BANCORPORATION ANNOUNCES SECOND QUARTER 2022 FINANCIAL RESULTS

Retrieved on: 
Monday, October 31, 2022
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WALHALLA, S.C., Oct. 31, 2022 /PRNewswire/ -- Community First Bancorporation, Inc. (OTC: CFOK) (the "Company"), parent company of Community First Bank, Inc. (the "Bank"), announced its financial results for the third quarter of 2022.

Key Points: 
  • WALHALLA, S.C., Oct. 31, 2022 /PRNewswire/ -- Community First Bancorporation, Inc. (OTC: CFOK) (the "Company"), parent company of Community First Bank, Inc. (the "Bank"), announced its financial results for the third quarter of 2022.
  • Highlights of the results include:
    The Company earned $1,138,000 for the third quarter and $5,230,000 for the first nine months of 2022.
  • Average balances of loans and investments were higher by 3.8% and 38.3%, respectively, for the third quarter of 2022 compared to the third quarter of 2021.
  • Noninterest income totaled $791,000 for the most recent quarter compared to $4,070,000 for the third quarter of 2021.

Romios Gold Reports Encouraging Results from Work on Three Projects in NW Ontario

Retrieved on: 
Tuesday, October 25, 2022
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Romios' work has identified a series of 10 apparent splay faults coming off this major structure that have not been previously identified or tested.

Key Points: 
  • Romios' work has identified a series of 10 apparent splay faults coming off this major structure that have not been previously identified or tested.
  • Secondary faults such as these are often much more mineralized than the major regional faults in many gold camps.
  • One week was spent in June exploring a small part of this large block, Romios' first work on these claims.
  • About Romios Gold Resources Inc.
    Romios Gold Resources Inc. is a progressive Canadian mineral exploration company engaged in precious- and base-metal exploration, focused primarily on gold, copper and silver.

Provident Financial Holdings Announces Quarterly Cash Dividend

Retrieved on: 
Thursday, October 27, 2022
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RIVERSIDE, Calif., Oct. 27, 2022 (GLOBE NEWSWIRE) -- Provident Financial Holdings, Inc. (Company), NASDAQ GS: PROV, the holding company for Provident Savings Bank, F.S.B., today announced that the Companys Board of Directors declared a quarterly cash dividend of $0.14 per share.

Key Points: 
  • RIVERSIDE, Calif., Oct. 27, 2022 (GLOBE NEWSWIRE) -- Provident Financial Holdings, Inc. (Company), NASDAQ GS: PROV, the holding company for Provident Savings Bank, F.S.B., today announced that the Companys Board of Directors declared a quarterly cash dividend of $0.14 per share.
  • Shareholders of the Companys common stock at the close of business on November 17, 2022 will be entitled to receive the cash dividend.
  • The cash dividend will be payable on December 8, 2022.
  • Certain matters in this News Release may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995.

UCASU projects $600-800K gross profit from two deals

Retrieved on: 
Tuesday, October 25, 2022
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Atlanta, Oct. 25, 2022 (GLOBE NEWSWIRE) -- UC Asset LP (OTCQX: UCASU) releases a projection today, stating that the company may pocket $600,000 to $800,000 gross profit from two deals, in the second half of this year.

Key Points: 
  • Atlanta, Oct. 25, 2022 (GLOBE NEWSWIRE) -- UC Asset LP (OTCQX: UCASU) releases a projection today, stating that the company may pocket $600,000 to $800,000 gross profit from two deals, in the second half of this year.
  • We also reached into an MOU with a buyer on another property we owned in downtown Atlanta, Georgia.
  • Last week, we made breakthrough on both deals, and it appears that the chance of closing both deals by the end of this year has substantially increased, claims Greg Bankston, managing general partner of UC Asset.
  • Last year, the company reported a net profit of $0.12 per share and delivered a dividend of $0.10 per share.

Romios Gold Applies to Extend November and December 2021 Warrants

Retrieved on: 
Thursday, October 20, 2022
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Toronto, Ontario--(Newsfile Corp. - October 20, 2022) - Romios Gold Resources Inc. (TSXV: RG) (OTCQB: RMIOF) (FSE: D4R) ("Romios Gold" or the "Company") wishes to announce that it will make an application to the TSX Venture Exchange ("TSXV") to extend the expiry dates of certain warrants as set out in more detail below.

Key Points: 
  • Toronto, Ontario--(Newsfile Corp. - October 20, 2022) - Romios Gold Resources Inc. (TSXV: RG) (OTCQB: RMIOF) (FSE: D4R) ("Romios Gold" or the "Company") wishes to announce that it will make an application to the TSX Venture Exchange ("TSXV") to extend the expiry dates of certain warrants as set out in more detail below.
  • The amendment to the expiry dates of the November Warrants and December Warrants is subject to TSXV acceptance.
  • Six (6) insiders of the Company were issued an aggregate of 1,850,000 November Warrants.
  • About Romios Gold Resources Inc.
    Romios Gold Resources Inc. is a progressive Canadian mineral exploration company engaged in precious- and base-metal exploration, focused primarily on gold, copper and silver.