Market Newsdesk

NEW YORK, April 6, 2021 /PRNewswire/ — Broadridge Fi360 Solutions, the nation’s leading provider of fiduciary-related education and technology, has unveiled the agenda and keynote speakers for its 2021 Annual Conference, which will take place virtually from May 17 to May 20, 2021. 

For the first time, Broadridge’s Matrix Trust Company and Fi360 Solutions are combining their two annual conferences to form the Broadridge Fi360 Solutions Conference, the industry’s premier professional development conference. Founded in 2004, the conference delivers practical, fiduciary-based content through insightful educational sessions and compelling workshops where financial advisors and other industry professionals can exchange ideas and learn from industry thought leaders. Attendees will earn up to 15 CE credits.

Keynote speakers at the 2021 conference include:

• 
  Martin Jarzebowski, Director of ESG & Responsible Investing at Federated Hermes, and Harvard Law School Professor Robert H. Sitkoff, who will frame ESG investing in today’s complex market. Professor Sitkoff will bring critical insight and clarity on a topic of increasing importance to fiduciaries and the retirement channel, while Mr. Jarzebowski will explain how ESG integration supports long-term wealth creation. The panel will be moderated by Mary Green, ESG Client Portfolio Manager at Federated Hermes.
• 
  Jason Dorsey, President at The Center for Generational Kinetics (CGK), who will unveil the results of a national study conducted by Broadridge and the CGK on how working Americans are searching for financial solutions in the COVID-19 era and beyond.
• 
  Blaine Aikin, Founder and Principal of Fiduciary Insights, who will speak on the state of fiduciary in the industry. Mr. Aikin is a fiduciary subject matter expert and author of numerous articles on fiduciary responsibility and investment management.

In addition to the keynote sessions, attendees will have the opportunity to tune into 35 unique educational sessions led by prominent industry influencers and covering a range of topics, including the state of fiduciary in the industry, tips for working with charitable boards, fundamental concepts in working with high-net-worth individuals and the evolution of retirement investing. Featured speakers include Fred Reish, Rebecca Hourihan, Jason Roberts, Vanessa Bechtel, David Blanchett and others.

To view the full agenda and register, please visit the Broadridge conference information and registration page.

Broadridge Fi360 Solutions provides fiduciary education, training and technology to help financial intermediaries use prudent fiduciary practices to profitably gather, grow and protect investors’ assets. Fi360 Solutions is the home of the Accredited Investment Fiduciary® (AIF®) Designation, the Fiduciary Focus Toolkit™, CEFEX and the Fi360 Fiduciary Score®.

About Broadridge
Broadridge Financial Solutions (NYSE: BR), a global Fintech leader with over $4.5 billion in revenues, provides the critical infrastructure that powers investing, corporate governance and communications to enable better financial lives. We deliver technology-driven solutions to banks, broker-dealers, asset and wealth managers and public companies. Broadridge’s infrastructure serves as a global communications hub enabling corporate governance by linking thousands of public companies and mutual funds to tens of millions of individual and institutional investors around the world. In addition, Broadridge’s technology and operations platforms underpin the daily trading of on average more than U.S. $10 trillion of equities, fixed income and other securities globally. A certified Great Place to Work®, Broadridge is a part of the S&P 500® Index, employing over 12,000 associates in 17 countries. For more information about us and what we can do for you, please visit www.broadridge.com.

Media Contacts:

Matthew Luongo

Prosek Partners
+1 646.818.9279
[email protected]

Linda Namias

Broadridge Financial Solutions
+1 631-254-7711
[email protected]  

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SOURCE Broadridge Financial Solutions, Inc.

VANCOUVER, BC, April 6, 2021 /PRNewswire/ – Fosterville South Exploration Ltd. (“Fosterville South”) or (the “Company”) (TSXV: FSX) (OTC: FSXLF) (Germany: 4TU) is pleased to report drilling is targeted to commence in the coming weeks at the Keath’s Reward target, within the Lauriston Project.

The Keath’s Reward target joins multiple other areas within the Lauriston Project with land access agreements now in place and drill targets defined based on field work and historic data compilation.

Lauriston is a large 600 sq km property which is immediately south of and contiguous with Kirkland Lake Gold’s Fosterville Mine tenements.

With the landowner agreement in place to access Keath’s Reward and a drill program designed, the necessary drill permit is now being sought by Fosterville South to commence drilling in the coming weeks.

Keath’s Reward

Prior production records are summarized in a report prepared by John B. Griffiths of Tallangalook Pty Limited in March of 1992. The report was focused on assembling a reliable historic data package of previous mining operations.

The Keath’s Reward workings are located within allotment 46, Parish of Edgecombe. “The property hosts a large window of basement rocks not overlain by Quaternary volcanic basalt, which appears to embrace not only a deposit of eluvial auriferous wash, but a quartz lode deposit of extremely high grade” (Griffiths, 1992).

The quartz reef is described as a laminated flat lying quartz vein, that was cut by a ‘slide’ or fault in the underground workings causing the extension of the high-grade zone to be lost. The structural description is suggestive of a linking vein structure crosscutting between fold axes and this structural setting is well known for carrying high-grade gold.

Initially, the quartz lode was discovered by mining of eluvial gold rich material which exposed the reef. This reef was exploited by a small open cut operation but by mid-1940, shaft sinking, and cross cutting had been carried out, utilising a steam haulage plant.

Work was carried out only to a depth of 10.7 meters. Mr. Ray Maltby of Taradale estimated the grade produced by Mr. Keath to have been approaching 5 ounces per ton.

Prior production records indicate 495.55 ounces produced from 183 tons crushed or 2.71 ounces per ton (82.9 g/t) plus an estimated 300 ounces of hand-picked specimen gold. (Griffiths, 1992)

Rex Motton, Chief Operating Officer and Director, states, “This high-grade connecting structure is exactly the kind of target that we are prioritizing in our expanding drill campaign. Work at Lauriston is accelerating and in addition to the commencement of drilling at Keath’s Reward, we are awaiting assay results from multiple holes completed at the Energetic Reefs target at Lauriston, whilst also generating new drill targets regionally within the Lauriston Project. Initial regional exploration has resulted in a few key regional mineralised faults being recognised that the company is aiming to explore further.”

Fosterville South is currently drilling at both the Lauriston and Moormbool Projects. Drilling is targeted to re-commence at the Golden Mountain Project immediately after Easter. Exploration is ongoing, with drill programs being designed and permitted, targeting various former high-grade historic gold producers within the Walhalla Gold Belt at Enoch’s Point and at the Reedy Creek goldfield within the Providence Project.

About Fosterville South Exploration Ltd.

Fosterville South began with two, 100% owned, high-grade gold projects called the Lauriston and Golden Mountain Projects, and has since acquired a large area of granted and application tenements containing further epizonal (low-temperature) high-grade gold mineralisation called the Providence Project and a large group of recently consolidated license tenement applications called the Walhalla Belt Project, which contain a variety of epizonal and intrusion related style gold mineralisation, all in the state of Victoria, Australia. The Fosterville South land package, assembled over a multi-year period, notably includes a 600 sq. km property immediately to the south of and within the same geological framework that hosts Kirkland Lake Gold’s Fosterville epizonal gold tenements. Additionally, Fosterville South has gold-focused projects called the Moormbool and Beechworth, which are also located in the state of Victoria, Australia. Moormbool project has epizonal style gold mineralisation and Beechworth has mesozonal and intrusion relation gold mineralisation.

All of Fosterville South’s properties, with the possible exception of Moormbool, have had historical gold production from hard rock sources despite limited modern exploration and drilling.

Qualified Person

The technical content of this news release has been reviewed, verified and approved by Rex Motton, AusIMM (CP), COO and Director of Fosterville South, a qualified person as defined by NI 43-101.   Historical records were verified by reviewing State of Victoria Mining Surveyors and Registrar’s quarterly reports.

On behalf of the Company
Rex Motton
Chief Operating Officer and Director

Forward-Looking Statements

Information set forth in this news release contains forward-looking statements that are based on assumptions as of the date of this news release. These statements reflect management’s current estimates, beliefs, intentions and expectations. They are not guarantees of future performance. Fosterville South cautions that all forward looking statements are inherently uncertain and that actual performance may be affected by many material factors, many of which are beyond their respective control. Such factors include, among other things: risks and uncertainties relating to Fosterville South’s limited operating history, its exploration and development activities on is Lauriston and Golden Mountain Properties and the need to comply with environmental and governmental regulations.  Accordingly, actual and future events, conditions and results may differ materially from the estimates, beliefs, intentions and expectations expressed or implied in the forward-looking information. Except as required under applicable securities legislation, Fosterville South does not undertake to publicly update or revise forward-looking information.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Exchange) accepts responsibility for the adequacy or accuracy of this release.

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SOURCE Fosterville South Exploration Ltd.

YEHUD, Israel, April 6, 2021 /PRNewswire/ — Magal Security Systems, Ltd. (NASDAQ: MAGS) today announced its financial results for the three and twelve months ended December 31, 2020. Management will hold an investors’ conference call today at 10 a.m. Eastern Time to discuss the results. The details for the investors’ conference call can be found below the financial results summary.

FOURTH QUARTER 2020 RESULTS SUMMARY (all comparison to Fourth quarter 2019)

• Revenue increased
  
  23
  
  % to $2
  
  9
  
  .
  2
  million from $23.8 million
• Operating income rose 22% to $3.5 million from $2.9 million
• Net loss
  attributable to Magal’s shareholders
  was ($0.6) million compared to net income of $1.8 million,
  including non-cash financial expenses of $1.5 million compared to no non-cash financial expenses, and tax expense of $2.0 million up from $0.6 million
• EBITDA increased 18% to $4.0 million from $3.4 million

FULL YEAR 2020 RESULTS SUMMARY (all comparison to Full Year 2019)

• Revenue of $81.3 million compared to $86.8 million, a 6% decline primarily resulting from COVID-19 business disruptions
• Operating income was $5.4 million versus $6.0 million
• Net income
  attributable to Magal’s shareholders
  declined to $0.6 million from $2.3 million,
  including non-cash financial expenses of $1.5 million versus non-cash financial expenses of $1.7 million, and increased tax expense of $3.0 million versus $1.6 million
• EBITDA decreased 10% to $7.3 million from $8.1 million
• Cash and cash equivalents of $27.1 million at December 31, 2020

Mr. Dror Sharon, CEO of Magal, commented, “We finished the year with a solid fourth quarter that delivered 23% revenue growth and a 40% gross margin. The Integrated Solutions division’s sales led the revenue increase due in part to the fulfillment of delayed orders from prior quarters. Senstar’s stable revenues year-over-year in the US were modestly offset by continued weakness in the COVID-affected APAC and EMEA regions. Fourth quarter operating income increased 22%, and we reported a 14% EBITDA margin. Senstar’s revenue was $9.6 million with 63% gross margin in the quarter and delivered ~20% EBITDA margin contribution to the consolidated EBITDA. The Company’s performance in 2020, a year where we faced challenges due to the COVID-19 pandemic, reflects the strength of our global team and their ability to pivot to productive and successful customer engagement across our vertical markets. We entered 2021 with a record backlog of ~$64 million, out of which Senstar accounted for a record backlog of ~$14 million. In December, we returned $25 million to our shareholders in a one-time cash distribution. Our balance sheet remains strong, with ~$27 million of cash and cash equivalents and no debt.”

Continued Mr. Sharon, “In February 2021, we announced the divestiture of our Integrated Solutions Division, which we anticipate will close by the end of the second quarter of 2021. We are committed to focusing our efforts and resources on developing Senstar’s industry-leading security technology and expanding its market share, particularly in our four focus vertical markets – logistics, corrections, energy, and critical infrastructure. We believe that Senstar’s rich customer base and business model, with attractive gross margin contribution, and operational efficiencies is highly scalable to deliver long-term shareholder value as a stand-alone entity. The Senstar team is working continuously to improve our product lines and develop new products that set an industry standard for quality, innovation and reliability. The divesture of Integrated Solutions will improve the visibility of our Senstar business and further strengthen our already strong balance sheet to support the execution of our long-term growth strategy.”

FOURTH QUARTER 2020 RESULTS SUMMARY

Revenue was $29.2 million compared with revenue of $23.8 million in the fourth quarter of 2019.

Revenue from Magal’s Integrated Solutions Division (projects) represented approximately 67% of total revenue in 2020, while revenue from the Senstar Products Division represented approximately 33% of total revenue.  Revenue from our Integrated Solutions Division (projects) increased by 57%, which was partially attributable to the fulfillment of an ESC-BAZ order that was delayed in early 2020. Senstar Products Division revenues decreased by 15% primarily due to the COVID-19 related slowdown in the EMEA and APAC regions.

Gross profit was $11.7 million, or 40.1% of revenue compared with gross profit of $11.4 million, or 48% of revenue, in the fourth quarter of 2019. The lower gross margin in the quarter was due to the change in the sales mix with a larger percentage of revenue coming from the Integrated Solutions Division.

Operating income was $3.5 million compared to $2.9 million in the fourth quarter of 2019. Operating income improved due to the effect of the increased revenue, coupled with reduced operating expenses in the 2020 period.

Financial expenses were $1.5 million compared to financial income of $0.0 in the fourth quarter of 2019. The expense was primarily due to the depreciation of the U.S. dollar against the Israeli shekel in the quarter, which impacted the valuation of the Company’s U.S. dollar denominated monetary assets held by the company.

Net loss attributable to Magal shareholders was ($0.6) million, or ($0.02) per share compared with net income of $1.8 million, or $0.05 per share, in the fourth quarter of 2019. The decline in net income was primarily attributable to the financial expenses described above to tax expense of $2.0 million, which included non-recurring tax expense, compared to a tax expense $0.6 million in the fourth quarter of 2019.  

EBITDA was $4 million, representing an EBITDA margin of 13.6%, compared with $3.4 million, representing an EBITDA margin of 14.1%, in the fourth quarter of 2019.

Cash, short term deposits and restricted deposits, net of bank debt, as of December 31, 2020, were $27.4 million, or $1.18 per share, compared with cash and short-term deposits, net of bank debt, of $51.6 million, or $2.23 per share at December 31, 2019. The decrease in the cash balance was primarily due to the payment of a cash dividend to shareholders totaling $25.0 million in December 2020.

FULL YEAR 2020 RESULTS SUMMARY

Revenue for the year ended December 31, 2020 was $81.3 million compared with revenue of $86.8 million in 2019. The 6% decline year-over-year was primarily due to lower Integrated Solutions Division and Senstar Products Division revenue attributable to COVID-19 related -business disruptions and challenges.

Revenue from Magal’s Integrated Solutions Division represented approximately 59% of total revenue, while revenue from the Senstar Products Division represented approximately 41% of total revenue. Revenue from Magal’s Integrated Solutions Division decreased by 5% while the Senstar Product Division decreased by 8%, year over year.

Gross profit for 2020 was $34.6 million.

Financial expenses were $1.5 million for 2020 compared to $1.7 million in 2019. This expense is primarily due to the depreciation of the U.S. dollar against the New Israeli Shekel and the Canadian dollar in 2020 which impacted the valuation of the U.S. dollar denominated monetary assets held by the Company.

Net income attributable to Magal’s shareholders for 2020 was $0.6 million, or $0.02 per share compared to $2.3 million, or $0.07 per share in 2019. The decline in net income was primarily attributable to the financial expenses described above and a tax expense of $3.0 million compared to a tax expense $1.6 million in 2019. The higher tax expense is partially impacted by non-recurring tax provisions.

EBITDA in 2020 was $7.3 million, representing an EBITDA margin of 9.0%, compared with $8.1 million, representing an EBITDA margin of 9.4%, in 2019.

INVESTORS’ CONFERENCE CALL INFORMATION:

The Company will host a conference call later today, April 6, 2021. The call will begin promptly at 10:00 a.m. Eastern Time5:00 pm Israel Time; 3:00 pm UK Time. The Company requests that participants dial in 10 minutes before the conference call commences

To participate, please use one of the following teleconferencing numbers, and the conference ID number 13714719:

• US: 1-877-407-9716
• 
  Israel: 1-809-406-247
• UK: 0-800-756-3429
• International: 1-201-493-6779

The conference call will also be webcast live at http://public.viavid.com/index.php?id=142907.

A replay link of the call will be available at www.magalsecurity.com on April 6, 2021 after 1:00 pm Eastern time through April 20, 2021 at 11:59 pm Eastern time. The replay Pin Number is 13714719.

ABOUT MAGAL SECURITY SYSTEMS LTD.

Magal is a leading international provider of comprehensive physical, video and access control security products and solutions, as well as site management. Over the past 45 years, Magal has delivered its products as well as tailor-made security solutions and turnkey projects to hundreds of satisfied customers in over 80 countries under some of the most challenging conditions. Magal offers comprehensive integrated solutions for critical sites, managed by Fortis – our cutting-edge physical security information management system (PSIM). The solutions leverage our broad portfolio of home-grown PIDS (Perimeter Intrusion Detection Systems), Symphony – our advanced VMS (Video Management Software) with native IVA (Intelligent Video Analytics) security solutions.

On 7 February 2021, Magal entered into an asset purchase agreement to sell its Integrated Solutions Division, or projects division, to Aeronautics Ltd., a subsidiary of RAFAEL Advanced Defense Systems Ltd., for approximately $35 million. The transaction is expected to be completed by the end of the second quarter of 2021, and is subject to customary closing conditions, including regulatory approvals.

Forward Looking Statements

This press release contains forward-looking statements, which are subject to risks and uncertainties. Such statements are based on assumptions and expectations which may not be realized and are inherently subject to risks and uncertainties, many of which cannot be predicted with accuracy and some of which might not even be anticipated. Future events and actual results, financial and otherwise, may differ from the results discussed in the forward-looking statements. A number of these risks and other factors that might cause differences, some of which could be material, along with additional discussion of forward-looking statements, are set forth in the Company’s Annual Report on Form 20-F filed with the Securities and Exchange Commission. In addition, there is uncertainty about the spread of the COVID19 virus and the impact it will have on the Company’s operations, the demand for Company’s products, global supply chains and economic activity in general.

For more information:

* Tables to follow *

 

 

 

 

 

 

 

 

 

 

 

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SOURCE Magal Security Systems, Ltd.

LEXINGTON, Mass., April 6, 2021 /PRNewswire/ — Curis, Inc. (NASDAQ: CRIS), a biotechnology company focused on the development of innovative therapeutics for the treatment of cancer, today announced that James Dentzer, President and Chief Executive Officer of Curis, will present a company overview at the 20th Annual Needham Virtual Healthcare Conference on Tuesday, April 13, 2021 at 10:15 am ET.

A live webcast of the presentation will be available under “Events & Presentations” in the Investors section of the Company’s website at www.curis.com. A replay of the webcast will be available on the Curis website for approximately 90 days following the event.

About Curis, Inc.

Curis is a biotechnology company focused on the development of innovative therapeutics for the treatment of cancer. In 2015, Curis entered into a collaboration with Aurigene in the areas of immuno-oncology and precision oncology. As part of this collaboration, Curis has exclusive licenses to oral small molecule antagonists of immune checkpoints including the VISTA/PDL1 antagonist CA-170, and the TIM3/PDL1 antagonist CA-327, as well as the IRAK4 kinase inhibitor, CA-4948. CA-4948 is currently undergoing testing in a Phase 1 in patients with non-Hodgkin’s lymphoma both as a monotherapy and in combination with BTK inhibitor, ibrutinib. Curis is also evaluating CA-4948 in a Phase 1 trial in patients with acute myeloid leukemia and myelodysplastic syndromes. In addition, Curis is engaged in a collaboration with ImmuNext for development of CI-8993, a monoclonal anti-VISTA antibody, which is currently undergoing testing in a Phase 1a/1b trial in patients with solid tumors. Curis is also party to a collaboration with Genentech, a member of the Roche Group, under which Genentech and Roche are commercializing Erivedge® for the treatment of advanced basal cell carcinoma. For more information, visit Curis’ website at www.curis.com.

 

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SOURCE Curis, Inc.

SEATTLE, April 6, 2021 /PRNewswire/ — The pandemic has upended the meaning of home and prompted many of us to rethink how and where we want to live. A new Zillow survey finds more than 1 in 10 Americans (11%) say they have already moved in the past year¹ — by choice or by circumstance — contributing to the Great Reshuffling, and millions of additional households could enter the real estate market as a result of the pandemic.

Moving remains challenging, but it can bring more opportunity now than ever before, thanks in part to the rise of remote work. That inspired Zillow to publish its first ever Mover Report, a data-based dive into the people and emotions driving moves this spring home shopping season. Here’s what we found:

People want or need to move, even in a pandemic

Zillow research has found a significant number of homeowners say they’re more likely to move and sell their home as a result of the pandemic, representing an additional 2.5 million households that could enter a real estate market already driven by unrelenting demand.² 

Life and financial uncertainty are among the top reasons homeowners have not listed their home for sale during the pandemic. The COVID-19 vaccine is likely to change that and prompt many more people to move. Zillow data finds a large majority of homeowners (70%) say they would be mostly or completely comfortable moving to a new home when there is widespread vaccine distribution.

More than 1 in 10 Americans (11%) have already moved during the pandemic, according to a new survey from Zillow conducted online by the Harris Poll. Among those recent movers, three quarters (75%) say they moved for positive reasons, such as being closer to family or friends or living in an area they’ve always dreamed of.³ New flexibility to telework has opened up those opportunities for many, and new real estate technology, like Zillow’s 3D home tours and interactive floor plans, has enabled movers to get an immersive experience of a home from hundreds or thousands of miles away, offering added confidence for buyers shopping remotely.

The Sun Belt tops moving destinations

Phoenix, Charlotte, N.C., and Austin, Texas, saw the highest net inbound moves in the first 11 months of 2020, as recent movers sought out relative affordability and warmer weather.⁴ Those Sun Belt metros are expected to continue to surge in 2021. Zillow’s panel of experts predicted the Austin and Phoenix housing markets will outperform the national market this year.   

Data from northAmerican® Van Lines also finds some of the country’s largest and most expensive housing markets saw the highest net outbound moves, including New York, Los Angeles, San Francisco and Chicago. Zillow saw for-sale inventory in these metros climb in the city, while inventory nationally hit new lows.

“The pandemic brought an acceleration of trends we were seeing in 2018 and 2019,” says Zillow senior economist Jeff Tucker. “More affordable, medium-sized metro areas across the Sun Belt saw significantly more people coming than going, especially from more expensive, larger cities farther north and on the coasts. The pandemic has catalyzed purchases by millennial first-time buyers, many of whom can now work from anywhere.” 

Moving remains stressful

The pandemic brought the rise of Zillow surfing as people look to escape their reality or create a new one. But the path from dreaming to moving can come with financial, logistical and emotional obstacles.

Zillow’s survey finds nearly a third of recent movers (31%) say they had been dreaming about moving for a year or longer. More than three quarters of recent movers (76%) say emotional factors had been holding them back from making their most recent move. Stress over not being financially prepared to make the move and the expectation that the moving process would be hard or stressful were the most commonly cited factors. Nearly a quarter (23%) of recent movers say the concern that their move would cause stress for their child(ren) held them back from making their most recent move. 

Those concerns have merit: about half of all recent movers say they experienced stress (55%) and anxiety (48%) during their most recent move. ⁵

Moving opens new possibilities

After their most recent move, more than half of Americans said they experienced happiness (54%) and relief (53%). A vast majority of recent movers – 80% – say their most recent move was worth it. 

Many recent movers say starting a new chapter in their life was among the most rewarding parts of moving to a new home. Nearly 3 in 5 recent movers (59%) say positive life events happened after their most recent move, most commonly citing that they fulfilled a dream or became passionate about something new. ⁶

That’s what happened to Darren and Yolande Rollinson of Dallas, Texas, who say their two children were elated when they moved into their new home. The Rollinsons had been living in their self-described starter home for 24 years and needed more space, but they had put off a move because of their demanding jobs and concern over the stress of home buying and selling.

The Rollinsons found their solution by selling to Zillow Offers. They avoided repairs, open houses and showings, and they got to set their closing date, allowing them to move into their new home in less than a month. Their Zillow Offers advisor walked them through the whole process, which they described as “peaceful, productive and well planned out.”

“The future for us is growth,” says Darren Rollinson, who works in the medical field. “Now we believe we can do anything. We know we’ve made an achievement. We can keep on growing and take bigger steps.” (Watch the Rollinsons’ moving story here.)

Tech tools are making it easier to move

The pandemic accelerated the development and adoption of real estate technology that has helped eliminate some of the most stressful parts of a move. Virtual tools like Zillow’s 3D home tours and interactive floor plans make it faster and easier to shop for a home and winnow down the options.

Today’s buyers overwhelmingly want those tools to be available during the home shopping process, according to Zillow research. Nearly four in five (79%) Americans would like to view a virtual tour and a digital floor plan if they were shopping for a home. Homes on Zillow with a 3D Home tour were saved by buyers 32% more than homes without, and got, on average, 29% more views than listings without.⁷

High-tech services like Zillow Offers can remove the anxiety and uncertainty of selling a home traditionally, and timing the sale with the purchase of a new home. Financing and closing services through Zillow can also happen digitally, allowing buyers and sellers to transact remotely.

… but a partner can make change possible

A trusted real estate agent can be a steady hand, guiding a home buyer or seller through the entire process. Zillow Premier Agents are local experts who understand a move is both a physical and emotional journey.

Cierra DeVille, a Zillow Premier Agent with Active Realty in Irvine, Calif., relied on empathy and compassion to help a Nashville-based family manage the stress of a cross-country move. By listening to their unique needs and using her local knowledge, DeVille found them the perfect off-market property.

“The excitement and gratitude they had when I was able to get them exactly what they wanted in the timeframe they wanted was pure joy,” says Deville, who helped get the family into their new home before their daughter’s fifth birthday. “There’s nothing better.”

About Zillow Group:

Zillow Group, Inc. (NASDAQ: Z and ZG) is reimagining real estate to make it easier to unlock life’s next chapter.

As the most-visited real estate website in the United States, Zillow® and its affiliates offer customers an on-demand experience for selling, buying, renting or financing with transparency and nearly seamless end-to-end service. Zillow Offers® buys and sells homes directly in dozens of markets across the country, allowing sellers control over their timeline. Zillow Home Loans™, our affiliate lender, provides our customers with an easy option to get pre-approved and secure financing for their next home purchase. Zillow recently launched Zillow Homes, Inc., a licensed brokerage entity, to streamline Zillow Offers transactions. 

Zillow Group’s brands, affiliates and subsidiaries include Zillow®; Zillow Offers®; Zillow Premier Agent®; Zillow Home Loans™; Zillow Closing Services™; Zillow Homes, Inc.; Trulia®; Out East®; StreetEasy® and HotPads®. Zillow Home Loans, LLC is an Equal Housing Lender, NMLS #10287 (www.nmlsconsumeraccess.org).  

About North American Van Lines, Inc.:

North American Van Lines, Inc., established in 1933, is a wholly owned subsidiary of SIRVA Inc., a leader in providing relocation solutions to a well-established and diverse customer base around the world. The moving company, with headquarters in Fort Wayne, Indiana, and more than 500 agents worldwide, handles corporate, government, military and private relocations, and operates in the U.S., Canada and more than 100 countries worldwide.  Information on North American Van Lines (U.S. DOT No. 070851) can be found on the Internet at www.northamerican.com.

¹
 This survey was conducted online within the United States by The Harris Poll on behalf of Zillow from March 10-12, 2021 among 2,005 U.S. adults ages 18 and older, among whom 244 moved in the past year (referenced throughout as recent movers.) This online survey is not based on a probability sample and therefore no estimate of theoretical sampling error can be calculated. For complete survey methodology, including weighting variables and subgroup sample sizes, please contact [email protected].
² Zillow Group Population Science collected a nationally representative sample of more than 1,000 homeowners (household decision makers that own their home and did not move in the past year) from January 26^th to January 29^th, 2021.
³ See footnote 1
⁴ Based on SIRVA / North American Van Lines data for moves in the first 11 months of 2020. Origin and destination MSA are assigned based on ZIP code
⁵ See footnote 1
⁶ See footnote 1
⁷ Based on Jul 2020 – Dec 2020 data.

 

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SOURCE Zillow

PITTSBURGH, April 6, 2021 /PRNewswire/ — FARMACEUTICALRX, the leading natural and organic multistate vertically integrated medical marijuana operator in the United States (“FARMACEUTICALRX” or the “Company”), today announced that it has closed an up to $21 million senior secured term loan (the “Senior Term Loan”) with AFC Gamma, Inc. (NASDAQ: AFCG) (“AFC”).

The Senior Term Loan proceeds will be used to fund construction of the Company’s processing and Level 1 cultivation facility in Ohio and for general working capital purposes. Upon certification of operations at the new facility, FARMACEUTICALRX’s Ohio operations will be vertically integrated. The Company will bring world-class cultivation and processing methods from the FARMACEUTICALRX of Pennsylvania operations to the new 100,000 square foot facility in East Liverpool, Ohio. The Company currently operates a highly rated dispensary in East Liverpool.

“We have secured funding to take advantage of the tremendous opportunity in Ohio and to build on the momentum and market-leading position we developed in Pennsylvania,” said Rebecca Myers, CEO and Founder of FARMACEUTICALRX. “We continue to expand strategically. Ohio is a very attractive limited license state and the right market for us. This financing with AFC reflects the confidence lenders have in the strong growth, cash flow generation and profitability that FARMACEUTICALRX has demonstrated. AFC understands our vision and the ability of our team to replicate its success in other markets and states. We are excited to partner with the AFC Team.  We are continuing our commitment to innovation, to cultivating and producing premier high quality organic and craft medical marijuana products for our loyal customers, and to being disciplined stewards of capital for our shareholders,” stated Myers.

ABOUT FARMACEUTICALRX.
FARMACEUTICALRX is the leading natural and organic multistate vertically integrated medical marijuana operator in the United States. FARMACEUTICALRX is focused on bringing research and development-based innovation to the medical marijuana sector. FARMACEUTICALRX develops premier high-quality craft and innovative organic products under its existing FARMACEUTICALRX brand. The Company’s Burst of Wellness brand combines the quality that FARMACEUTICALRX is known for, at a lower price point, with the goal of expanding the Company’s reach to a broader demographic of patients. The FARMACEUTICALRX affiliated companies are licensed to offer premier high quality medical marijuana products to more than 26 million patients in Ohio and Pennsylvania. FARMACEUTICALRX is led by a world-class team of scientists, healthcare, organic food and beverage and cannabis industry professionals who are driven by the discovery, development, and manufacturing of revolutionary, high quality natural and organic products through its vertically integrated platform. Our innovation is your future health.  Learn more at www.farmaceuticalrx.com.

Forward-Looking Statements
This news release includes forward-looking information and statements, which may include, but ‎are not limited to, information and statements regarding or inferring the future business, ‎operations, financial performance, prospects, and other plans, intentions, expectations, estimates, ‎and beliefs of the Company. Words such as “expects”, ‎‎”continue”, “will”, “anticipates” and “intends” or similar expressions are intended to identify ‎forward-looking statements. These forward-looking statements are based on the Company’s ‎current projections and expectations about future events and financial trends that management ‎believes might affect its financial condition, results of operations, business strategy and financial ‎needs, and on certain assumptions and analysis made by the Company in light of the experience ‎and perception of historical trends, current conditions and expected future developments and ‎other factors management believes are appropriate. Forward-looking information and statements ‎involve and are subject to assumptions and known and unknown risks, uncertainties, and other ‎factors which may cause actual events, results, performance, or achievements of the Company ‎to be materially different from future events, results, performance, and achievements expressed ‎or implied by forward-looking information and statements herein. Although the Company ‎believes that any forward-looking information and statements herein are reasonable, in light of ‎the use of assumptions and the significant risks and uncertainties inherent in such information ‎and statements, there can be no assurance that any such forward-looking information and ‎statements will prove to be accurate, and accordingly readers are advised to rely on their own ‎evaluation of such risks and uncertainties and should not place undue reliance upon such ‎forward-looking information and statements. Any forward-looking information and statements ‎herein are made as of the date hereof, and except as required by applicable laws, the Company ‎assumes no obligation and disclaims any intention to update or revise any forward-looking ‎information and statements herein or to update the reasons that actual events or results could or ‎do differ from those projected in any forward looking information and statements herein, whether ‎as a result of new information, future events or results, or otherwise, except as required by ‎applicable laws.‎

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SOURCE FARMACEUTICALRX

CAMBRIDGE, Mass., April 6, 2021 /PRNewswire/ — Cambridge Bancorp. (NASDAQ: CATC), announces that it expects to report first quarter 2021 earnings results prior to the market open on Wednesday April 21, 2021.

About Cambridge Bancorp
Cambridge Bancorp, the parent company of Cambridge Trust Company, is based in Cambridge, Massachusetts. Cambridge Trust Company is a 130-year-old Massachusetts chartered commercial bank with approximately $3.9 billion in assets as of December 31, 2020, and a total of 21 Massachusetts and New Hampshire locations. Cambridge Trust Company is one of New England’s leaders in private banking and wealth management with $4.2 billion in client assets under management and administration as of December 31, 2020. The Wealth Management group maintains offices in Boston and Wellesley, Massachusetts and Concord, Manchester, and Portsmouth, New Hampshire.

CONTACT:
Cambridge Bancorp
Michael F. Carotenuto
Chief Financial Officer
617-520-5520

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SOURCE Cambridge Bancorp

TSX.V: EU

OTCQX:ENCUF



www.encoreenergycorp.com

VANCOUVER, BC, April 6, 2021 /PRNewswire/ – enCore Energy Corp. (TSXV: EU) (OTCQX: ENCUF) (the “Company“) announces the company has executed an agreement to purchase 200,000 pounds of uranium concentrate for a purchase price of $29.65 per pound U₃O₈.  This spot market purchase, made in mid-March, will be delivered into the Company’s account in mid-April.  The Company utilized existing funds for this purchase.  This initial purchase was made to de-risk future uranium deliveries associated with anticipated contractual production timelines from its planned ISR operations.  The purchase strengthens the Company’s working capital and provides optionality in support of future capital development of its South Texas assets. 

Paul Goranson, CEO stated: “enCore Energy is focused on executing and expanding upon our physical uranium supply.  This strategy supports our objectives to  strengthen our balance sheet as uranium prices appreciate while providing inventory to support future marketing efforts which complement production with utility companies, the key purchasers in the future. enCore Energy’s remaining treasury is strong and targeted for the implementation of our uranium asset strategy focused on  domestic In-Situ Recovery production opportunities in  the southwest United States.”

About enCore Energy Corp.
enCore Energy Corp. is a U.S. domestic uranium developer focused on becoming a leading in-situ recovery (ISR) uranium producer. The Company is led by a team of industry experts with extensive knowledge and experience in the development and operations of in situ recovery uranium operations. enCore Energy’s opportunities are created from the Company’s transformational acquisition of its two South Texas production facilities, the changing global uranium supply/demand outlook and opportunities for industry consolidation.  These short-term opportunities are augmented by our strong long term commitment to working with local indigenous communities in New Mexico where the company holds significant uranium resources.

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SOURCE enCore Energy Corp.

LONDON, April 6, 2021 /PRNewswire/ – Atlas Corp. (“Atlas”) (NYSE: ATCO) announced today that the Company’s Board of Directors has declared cash dividends on its common and preferred shares as follows:  

About Atlas 

Atlas is a leading global asset management company, differentiated by its position as a best-in class owner and operator with a focus on deploying capital to create sustainable shareholder value. Atlas brings together an experienced asset management team with deep operational and capital allocation experience. We target long-term, risk adjusted returns across high quality infrastructure assets in the maritime sector, energy sector and other infrastructure verticals. Our two portfolio companies, Seaspan Corporation and APR Energy Ltd. are unique, industry-leading operating platforms in the global maritime and energy spaces, respectively. For more information visit atlascorporation.com. 

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SOURCE Atlas Corp.