Auger Drill Program Underway at the Southern Gold Line Project, Sweden

PR Newswire

VANCOUVER, BC, March 15, 2021 /PRNewswire/ – Capella Minerals Ltd. (TSXV: CMIL) (FRA: N7D2) (the “Company” or “Capella”) is pleased to advise that an auger till sampling program is now underway on the Rötjärnen claim block, which lies at the southern end of the Company’s Southern Gold Line Project, Sweden. The primary aim of this till sampling program is to provide geochemical vectors towards potential sources for the gold-mineralized boulders identified on surface at Rötjärnen.

Planning is also well advanced for the initiation of early-Spring field activities on the Southern Gold Line, including the undertaking of a high-resolution drone magnetic survey over key target areas and the continuation of low-cost regional reconnaissance Bulk Leach Extractable Gold (“BLEG”) sampling over the remainder of this highly prospective, 500 square kilometre property package. 

Highlights

  • An auger till sampling program is now underway on the southernmost Rötjärnen claim at the Southern Gold Line Project, Sweden (Figures 1-3). The Hilti auger drill program has been designed to identify vectors (so-called “glacial dispersion plumes”) to potential source regions of the gold-mineralized boulders previously identified on surface at Rötjärnen.  Auger drilling is a highly effective, industry-standard exploration tool used in the shallow till-covered terrains of northern Scandinavia.
  • Reconnaissance diamond drilling completed between 2006 and 2011 on an area located approximately 4km NW of the main gold-mineralized boulder field at Rötjärnen was focused on individual magnetic anomalies within a regional flexure zone. Whilst anomalous gold values are reported from some holes (SGU Geological Survey of Sweden project reports), no systematic work has been completed since along strike from these intercepts.
  • Planning is also well advanced for the initiation of early-Spring field activities on the Southern Gold Line, including the undertaking of a high-resolution drone magnetic survey over key target areas and the continuation of regional reconnaissance BLEG sampling over the remainder of the claim block. 

Link to figures: https://capellaminerals.com/site/assets/files/6010/2021_03_15_sgl_update.pdf

Eric Roth, Capella’s President and CEO, commented today: “I am very pleased to be reporting the commencement of auger drilling on our Rötjärnen claim at the Southern Gold Line. Previous exploration activities have already resulted in the successful discovery of gold-bearing boulders on surface at Rötjärnen, with the auger drilling now assisting us with the task of vectoring in to potential source areas. Auger drilling is a highly effective exploration tool used in those parts of northern Scandinavia where thin glacial till cover commonly masks prospective gold targets. 

With the imminent arrival of Spring we are also well advanced with planning for further fieldwork, including the undertaking of a high resolution drone magnetic survey and the restarting of our low-cost regional BLEG sampling program. I look forward to keeping the market updates as our drill target prioritization activities advance at the Southern Gold Line”.

About the Southern Gold Line Project

The Southern Gold Line project is located 100 km WSW of the regional administrative centre of Skelleftea in north-central Sweden, and was acquired from EMX Royalty Corp (TSXV: EMX) (NYSE American: EMX) – together with two high-grade copper projects in Norway, Løkken and Kjøli – in a deal announced on August 11, 2020. The project consists of 500 square kilometres (50,000ha) of mineral claims located in the immediate vicinity of Dragon Mining Ltd’s Fäboliden development project and Svartliden gold mine1. Further to the north of Svartliden lies Agnico Eagle/Barsele Minerals’s Barsele gold deposit (0.3Moz Au Indicated Resource and 2Moz Au Inferred Resource; Source – Barsele Minerals Inc. NI 43-101 Mineral Resource Estimate dated February 21, 2019).

The Southern Gold Line exploration concessions cover areas with similar geologic and structural settings to known gold deposits within the broader Gold Line belt, specifically orogenic gold deposits located at or near granitoid-greenstone contacts. Host rocks to the gold mineralization are Paleo-Proterozoic in age. Reconnaissance sampling and mapping programs are underway over the entire claim block, with the initial BLEG samples having been collected across portions of the licenses showing multiple areas with enrichment of gold in stream sediments. Auger drilling in the highly prospective southern Rötjärnen claim – where gold-mineralized boulder trains have been identified on surface – is now underway. 


1 References made to nearby mines and analogous deposits provide context for the Southern Gold Line project but are not necessarily indicative that the project hosts similar tonnages or grades of gold mineralization.

Qualified Persons and Disclosure Statement

The technical information in this news release relating to the Southern Gold Line project has been prepared in accordance with Canadian regulatory requirements set out in NI 43-101, and approved by Eric Roth, the Company’s President & CEO, a Director, and a Qualified Person under NI 43-101.  Mr. Roth holds a Ph.D. in Economic Geology from the University of Western Australia, is a Fellow of the Australian Institute of Mining and Metallurgy (AusIMM) and is a Fellow of the Society of Economic Geologists (SEG). Mr. Roth has 30 years of experience in international minerals exploration and mining project evaluation.

On Behalf of the Board of Capella Minerals Ltd.


“Eric Roth”



___________________________


Eric Roth, Ph.D., FAusIMM

President & CEO

About Capella Minerals Ltd

Capella is engaged in the acquisition, exploration, and development of quality mineral resource properties in favourable jurisdictions with a focus on high-grade gold and copper deposits. The Company’s precious metals focus is on the discovery of high-grade gold deposits on its recently acquired Southern Gold Line Project in Sweden, in addition to its active Canadian Joint Ventures with Ethos Gold Corp. at Savant Lake (Ontario) and Yamana Gold Inc. at Domain (Manitoba). The Company also retains a residual interest (subject to an option to purchase agreement with Austral Gold Ltd) in the Sierra Blanca gold-silver epithermal project in Santa Cruz, Argentina.

The Company’s copper focus is on the discovery of high-grade massive sulfide (VMS-type) deposits within district-scale land positions around the past-producing Løkken and Kjøli copper mines in central Norway. Field activities are ongoing on all projects, with the primary focus being to advance priority targets through the permitting process and onwards to drilling and discovery.



Cautionary Notes and Forward-looking Statements


This news release contains forward-looking information within the meaning of applicable securities legislation. Forward-looking information is typically identified by words such as: believe, expect, anticipate, intend, estimate, postulate and similar expressions, or are those, which, by their nature, refer to future events. Such statements include, without limitation, statements regarding the future results of operations, performance and achievements of Capella, including the timing, completion of and results from the exploration and drill programs described in this release.  Although the Company believes that such statements are reasonable, it can give no assurances that such expectations will prove to be correct. All such forward-looking information is based on certain assumptions and analyses made by Capella in light of their experience and perception of historical trends, current conditions and expected future developments, as well as other factors management believes are appropriate in the circumstances. This information, however, is subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking information. Important factors that could cause actual results to differ from this forward-looking information include those described under the heading “Risks and Uncertainties” in Capella’s most recently filed MD&A. Capella does not intend, and expressly disclaims any obligation to, update or revise the forward-looking information contained in this news release, except as required by law. Readers are cautioned not to place undue reliance on forward-looking information.


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

 

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SOURCE Capella Minerals Limited

Eat Beyond Portfolio Company Nabati Raises $7.7 Million

PR Newswire

VANCOUVER, BC, March 15, 2021 /PRNewswire/ – Eat Beyond Global Holdings Inc. (CSE: EATS) (OTCPK: EATBF) (FSE: 988) (“Eat Beyond” or the “Company“), an investment issuer focused on the global plant-based and alternative food sector, is announcing that its portfolio company Nabati Foods Global Inc., formerly Nabati Foods Inc. (“Nabati“), has closed an oversubscribed $7.7 million private placement, and has restructured with plans to go public.

Nabati previously announced its intentions to raise $4 million, but due to tremendous demand, has increased this to $7.7 million. The net proceeds will be used to fund the Nabati’s proposed go-public transaction as well as for business development, working capital, plant expansion, and to purchase equipment to expand production capacity and develop new product lines.

Founded in Edmonton, Nabati is a fast-growing food tech company offering whole, natural, plant-based foods for health-conscious consumers.

“Once the financing was announced for Nabati, the company received thousands of inquiries from interested parties looking to invest,” Eat Beyond CEO Patrick Morris said. “This new capital can help to catapult Nabati to the next level by enabling the company to expand its production capacity to meet the ever-growing demand for its products. Eat Beyond looks forward to working closely with Nabati to support their innovation, growth, and expansion.”

Nabati currently offers three plant-based product lines including dairy-free cheesecakes, cheese alternatives, and plant-based meats, with plans to add more innovative product lines. Nabati products are sold across North America via grocery, online, foodservice and retail channels.

“Nabati has seen unprecedented growth over the past year, despite the uncertainty consumers are facing due to the COVID-19 pandemic,” said Ahmad Yehya, CEO of Nabati. “We designed our products and mix of distribution channels to be able to weather economic challenges, and we are now seeing the fruits of that labour.”

Learn more about Nabati: https://invest.nabatifoods.com/

About Eat Beyond Global Holdings


Eat Beyond Global Holdings Inc.
 (“Eat Beyond”) (CSE: EATS) (OTCPK: EATBF) (FSE: 988) is an investment issuer that makes it easy to invest in the future of food. Eat Beyond identifies and makes equity investments in global companies that are developing and commercializing innovative food tech as well as plant-based and alternative food products. Led by a team of food industry experts, Eat Beyond is the first issuer of its kind in Canada, providing retail investors with the unique opportunity to participate in the growth of a broad cross-section of opportunities in the alternative food sector, and access companies that are leading the charge toward a smarter, more secure food supply. Learn more: https://eatbeyondglobal.com/

Find Eat Beyond on Social Media on LinkedIn, Instagram, Twitter and Facebook

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SOURCE Eat Beyond Global Holdings Inc.

ViewRay Announces Departure of Chief Operating Officer

PR Newswire

CLEVELAND, March 15, 2021 /PRNewswire/ — ViewRay, Inc. (Nasdaq: VRAY) (“the Company”) today announced that Shahriar Matin, Chief Operating Officer, will leave the Company effective March 31, 2021. Matin was named Chief Executive Officer designate of Cordis in its recently announced divestiture from Cardinal Health to private equity firm Hellman & Friedman.

“It has been a privilege to work alongside the ViewRay team, and I believe that MRIdian is unequivocally the future of radiation oncology,” said Shahriar Matin, Chief Operating Officer. “Departing ViewRay is difficult, but I am confident that the team we have built will execute on the opportunity to become standard of care.”

“I would like to thank Shar for his many contributions to ViewRay and cancer patients. I wish him continued success and hearty congratulations in his new endeavors,” said President and Chief Executive Officer Scott Drake. “We have been working closely with Shar to prepare for his departure since last summer when we modified his separation agreement. Given the strength of our team, we are not backfilling the COO role.”

About ViewRay®

ViewRay, Inc. (Nasdaq: VRAY), designs, manufactures, and markets the MRIdian® MR-Guided Radiation Therapy System. MRIdian is built upon a proprietary high-definition MR imaging system designed from the ground up to address the unique challenges and clinical workflow for advanced radiation oncology. Unlike MR systems used in diagnostic radiology, MRIdian’s high-definition MR was purpose-built to address specific challenges, including beam distortion, skin toxicity, and other concerns that potentially may arise when high magnetic fields interact with radiation beams. ViewRay and MRIdian are registered trademarks of ViewRay, Inc.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of Section 27A of the Private Securities Litigation Reform Act. Statements in this press release that are not purely historical are forward-looking statements. Such forward-looking statements include, among other things, the rate of new orders, upgrades, and installations, ViewRay’s expectations for 2021 and beyond and ViewRay’s conference calls to discuss its fourth quarter and full year 2020 results.  Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the ability to commercialize MRIdian Linac System, demand for ViewRay’s products, the ability to convert backlog into revenue, the timing of delivery of ViewRay’s products, the timing, length, and severity of the recent COVID-19 (coronavirus) pandemic, including its impacts across our businesses on demand, operations and our global supply chains, the results and other uncertainties associated with clinical trials, the ability to raise the additional funding needed to continue to pursue ViewRay’s business and product development plans, the inherent uncertainties associated with developing new products or technologies, competition in the industry in which ViewRay operates, and overall market conditions. For a further description of the risks and uncertainties that could cause actual results to differ from those expressed in these forward-looking statements, as well as risks relating to ViewRay’s business in general, see ViewRay’s current and future reports filed with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the fiscal year ended December 31, 2020 and its Quarterly Reports on Form 10-Q, as updated periodically with the company’s other filings with the SEC. These forward-looking statements are made as of the date of this press release, and ViewRay assumes no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements, except as required by law.

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SOURCE ViewRay, Inc.

First Bancorp Announces Cash Dividend Increase

PR Newswire

SOUTHERN PINES, N.C., March 15, 2021 /PRNewswire/ — The Board of Directors of First Bancorp (NASDAQ – FBNC), the parent company of First Bank, has declared a cash dividend on its common stock of $0.20 per share payable on April 25, 2021 to shareholders of record as of March 31, 2021.  The $0.20 dividend rate represents an 11.1% increase over the previous dividend rate of $0.18.

First Bancorp is a bank holding company headquartered in Southern Pines, North Carolina, with total assets of approximately $7.3 billion. Its principal activity is the ownership and operation of First Bank, a state-chartered community bank that operates 101 branches in North Carolina and South Carolina.  First Bank also provides SBA loans to customers through its nationwide network of lenders – for more information on First Bank’s SBA lending capabilities, please visit www.firstbanksba.com.  First Bancorp’s common stock is traded on the NASDAQ Global Select Market under the symbol “FBNC.”

Please visit our website at www.LocalFirstBank.com.

 

 

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SOURCE First Bancorp

Better Homes & Gardens Announces Winners Of Inaugural Clean House Awards

Editors Tested a Wide Range of New Cleaning Products, From Detergents to Vacuums, To Find the Best Ones Out There Right Now

PR Newswire

NEW YORK, March 15, 2021 /PRNewswire/ — Meredith Corporation‘s (NYSE: MDP) Better Homes & Gardens released its first-ever 2021 Clean House Awards, highlighting over 40 innovative cleaners and tools that are easier to use, more powerful, and most importantly, safer for your family and the planet. The Better Homes & Gardens 2021 Clean House Awards are featured in the April issue, available on newsstands now and online here.

“After spending more time at home than ever this past year, keeping our spaces and belongings clean can be a real challenge,” said Better Homes & Gardens Editor in Chief Stephen Orr. “Better Homes & Gardens wanted to highlight cleaning products and tips that are proven effective in our homes, and also safe for the environment.”

The Better Homes & Gardens editors studied nearly 200 new products then tested the 100 finalists they hoped would revolutionize home cleaning. Multiple editors used each product, comparing the contenders to each other and their previous cleaning routines in order to select over 40 Clean House Award Winners.

The Better Homes & Gardens 2021 Clean House Awards are listed below by category and are available online here.

Best Bathroom Cleaning Products

Best Bathroom Disinfectant: CleanWell Botanical Disinfectant Bathroom Cleaner
Best Hard-Water Buster: 9 Elements Bathroom Cleaner
Best Toilet Cleaner: Seventh Generation Zero Plastic Toilet Bowl Foaming Powder
Best Bathroom Cleaning Wipes: Scrubbing Bubbles Antibacterial Bathroom Flushable Wipes

Best Cleaning Products for Dishes

Best Dish Detergent: Cascade Platinum + Oxi
Best Scented Dish Soap: method Honeycrisp Apple Dish Soap
Best Spray Dish Soap: Dawn Powerwash Dish Spray
Best Sponge Holder: OXO Soap Dispensing Sponge Holder
Best Utility Cleaning Tool: Scrigit Scraper Wide Blade
Best Utility Towel: Dropps Swedish Dish Cloths

Best Cleaning Products for Floors

Best Do-It-All Vacuum: Dyson V11 Outsize
Best Eco-Friendly Mop: Infuse Multi-Surface Floor Spray Mop Meyer Lemon Cleaning Kit
Best Hand Vacuum: Hoover ONEPWR Dust Chaser
Best Self-Emptying Robot Vacuum: iRobot Roomba i3+
Best Smart-View Robot Vacuum: Roborock S6 MaxV
Best Universal Mop: Libman Heavy Duty Wonder Mop 
Best Vacuum-Mop Hybrid: Shark VacMop Pro
Best Vacuum-Mop Robot: Ecovacs DEEBOT OZMO U2 Pro

Best Laundry Products

Best Dryer Sheet: HEX Performance Wet Dryer Sheets
Best Eco-Friendly Laundry Detergent: Kind Laundry Detergent Sheets
Best Laundry Detergent Concentrate: Swash Laundry Detergent
Best Laundry Odor Fighter: Clorox Laundry Sanitizer
Best Laundry Stain Fighter: Ingredients Matter Laundry Soap Stain Stick
Best Scented Laundry Detergent: Gain with Essential Oils
Best Travel Laundry Stain Solution: Tide To Go Wipes

Best Cleaning Products for Pet Messes

Best Carpet Deodorizer: Aunt Fannie’s Carpet Refresher
Best Dryer Sheet: Bounce Pet Hair and Lint Guard Mega Dryer Sheets
Best Portable Pet Stain Cleaner: Bissell Pet Stain Eraser PowerBrush Carpet Cleaner
Best Pet Stain Remover: Oakwood Urine Stain & Odor Remover

Best Surface Cleaners

Best Aerosol Sanitizer: Microban 24 Sanitizing Spray
Best All-Purpose Concentrate: Grove All-Purpose Cleaning Concentrate
Best All-Purpose Wipes: Clorox Compostable Cleaning Wipes
Best Cleaning Wipes for Electronics: Windex Electronics Wipes
Best Disinfectant: Clean Republic Disinfectant & Sanitizer
Best Disinfectant Wipes: Arm & Hammer Essentials Disinfecting Wipes
Best Grime Cutter: CLR Active Clear
Best Kid-Safe Cleaner: Babyganics Toy & Highchair Cleaner
Best Surface Cleaner Starter Kit: Good Green Cleaner Starter Kit
Best Stone Surface Cleaner: Pledge Granite & Marble Cleaner
Best Travel Cleaning Wipes: Lysol To Go Wipes
Best Wood Cleaner: Rejuvenate Green Natural Cabinet and Furniture Cleaner

For more information on the Better Homes & Gardens 2021 Clean House Awards, click here.

ABOUT BETTER HOMES & GARDENS

Better Homes & Gardens serves, connects and inspires readers who infuse color and creativity into each aspect of their lives. Reaching a cross channel audience of 40 million a month through the print and digital editions of the magazine, as well as its website, the brand also has an engaged audience across its multiple social platforms, mobile apps, broadcast programs and licensed products. Better Homes & Gardens fuels our readers’ passions to live a more colorful life through stunning visuals, a balance of substance and surface and a blend of expert and reader ideas. Better Homes & Gardens magazine is published 12 times a year with a rate base of 7.6 million.

 

 

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SOURCE Meredith Corporation

Pie Five Pizza Adds Craft Panzano Pan Pizza to Its Menu

Fast casual pizza brand updates it’s most popular recipe, the High Five-Meat with even more meat to compliment new pan crust

PR Newswire

DALLAS, March 15, 2021 /PRNewswire/ — It’s a delicious decision! Pie Five Pizza is excited to announce the reinvention of its pan crust option. It all starts with its house-made dough from scratch every morning in every store. The freshly-baked crust is a match made in heaven with Pie Five’s robust Tuscan marinara sauce, house-shredded mozzarella cheese and premium-quality toppings. Once out of the oven the crust is finished with a unique garlic buttery blend that includes Parmesan and Romano cheeses and Italian seasoning, the result is a thick and crispy crust with a golden brown bottom that’s soft on the inside and packs full flavor in every bite. There is no pizza experience quite like this in the fast casual space.

“Not many fast-casual pizza brands have the ovens to offer something like this,” said Pie Five Director, Adam Schmidt. “Our competitors may try to emulate this, but they won’t achieve such a crispy exterior and fluffy center.”

While guests can enjoy Panzano crust with any custom-built pizza, all of the restaurant’s pizza recipes have been updated to enhance the flavor including Pie Five’s most popular menu item, the High Five-Meat. The best seller’s recipe was updated to include even more bacon, beef and sausage to compliment its new crust.

“We are offering a completely unique, craft product that simply can’t be found anywhere else,” said Patty Scheibmeir, lead of R&D and Culinary Innovation for Rave Restaurant Group. “Each of our Pie Five locations uses dough that is house-made from scratch every morning. House-baked and fried until it is crispy on the outside with a fluffy center, we are proud to debut the ultimate pan pizza crust that is unlike any others on the market. We are confident those who have loved pan pizza for years will enjoy the Panzano and consider it the new standard of pan crusts.”

The Panzano crust joins several other made-from-scratch crusts offered by the restaurant, including the crispy artisan thin and traditional Italian, while also offering cauliflower and gluten-free options. Customers can purchase a personal pizza made with the new Panzano crust or enjoy with the whole family with a large pizza.


About Pie Five Pizza


Dallas-based Pie Five Pizza is a subsidiary of Rave Restaurant Group, Inc. (NASDAQ: RAVE). Rave owns, franchises and supplies more than 200 Pie Five and Pizza Inn restaurants operating domestically and internationally. Pie Five Pizza is the leading brand in the rapidly growing fast casual pizza space, offering individual handcrafted pizzas with fresh ingredients made to order in less than five minutes. The brand was named among Fast Casual’s Top “Movers & Shakers” for three consecutive years, 2015 “Best Franchise Deal” by QSR Magazine, 2012 Hot Concepts winner by Nation’s Restaurant News and one of “10 Hot New Restaurant Chains from Established Brands” by Forbes.com. For more information, please visit PieFivePizza.com.


About Rave Restaurant Group

Founded in 1958, Dallas-based RAVE Restaurant Group [NASDAQ: RAVE] owns, operates and franchises over 200 Pie Five Pizza, Pizza Inn and PIE restaurants domestically and internationally. Pie Five Pizza is a leader in the fast-casual pizza space offering made-to-order pizzas ready in under five minutes. Pizza Inn is an international chain featuring freshly made pizzas, along with salads, pastas, and desserts. PIE is a kiosk concept that offers a fast, convenient way to serve customers the same iconic, quality pizza they have come to expect from Pizza Inn. The Company’s common stock is listed on the Nasdaq Capital Market under the symbol “RAVE”. For more information, please visit raverg.com.

Media Contacts:
Kelly Hoskinson & Kiara McKinney
[email protected]
[email protected]

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SOURCE Pie Five Pizza

Ascend Hotel Collection Celebrates 200th United States Opening With Pacific Northwest Adventure For Guests

Industry’s First and Largest Soft Brand Extends Leadership with Beachfront Hotel in Lincoln City, Oregon

PR Newswire

ROCKVILLE, Md., March 15, 2021 /PRNewswire/ — Choice Hotels International, Inc.‘s (NYSE: CHH) Ascend Hotel Collection has reached a significant milestone with the opening of its 200th domestic hotel, as well as the third Ascend Collection resort for Lincoln Asset Management, marked by the addition of the Lincoln Sands Oceanfront Resort in Lincoln City, Oregon. A global portfolio of resort, boutique and historic hotels, Ascend is the industry’s first and largest soft brand. So far this year, the upscale brand has welcomed a variety of hotels across the country to its portfolio such as The Landon Bay Harbor-Miami Beach and Lyric Hotel West End, as well as 22 casino resorts through a recent strategic agreement with Penn National Gaming.

“We’re proud of pioneering the soft brand concept in our industry, and eclipsing 200 U.S. hotels is not only an incredible accomplishment for Ascend, but signals the growth the brand has maintained since its inception. I cannot think of a hotel that better illustrates the essence of what the Ascend Hotel Collection embodies than the Lincoln Sands Oceanfront Resort, which offers upscale amenities and a quaint Pacific Northwest, beach town character to satisfy guests’ travel curiosity,” said Janis Cannon, senior vice president, upscale brands, Choice Hotels. “We look forward to extending Ascend’s leadership position as the largest soft brand in the industry so even more guests can experience the beauty and charm of these unique properties — whether that’s on a Lincoln City, Oregon beach, in the heart of Midtown Manhattan or in famed Gettysburg where history comes to life.”

The newly renovated all-suite Lincoln Sands Oceanfront Resort is located at 535 NW Inlet Ave. along the Oregon coast. As one of the only hotels with direct beach access in the area, the property places guests steps from gorgeous seaside sights and minutes from top shopping at the Lincoln City Outlets and the Chinook Winds Casino. In addition to miles of picturesque beaches nearby, outdoor enthusiasts can take a hike up God’s Thumb at The Knoll, enjoy a quiet walk through nature at the Connie Hansen Garden Conservancy, or go on a whale watching tour in Depoe Bay. The town of Newport, with its world-class aquarium and spectacular lighthouses, is also less than 30 miles away.

Guests of the Lincoln Sands Oceanfront Resort can enjoy the following amenities:

  • Spacious guestrooms, including standard and condo-style suites with fireplaces, two-person soaking tubs and rain shower heads.
  • Year-round heated outdoor pool, hot tub, sauna, and beautiful patio with gas grills.
  • Complimentary hot breakfast and fresh baked cookies and salmon chowder served every evening in the lobby.
  • Onsite sundry shop, guest laundry facility and exercise room.
  • Free Wi-Fi throughout the hotel and a fully equipped business center.

“We are thrilled to celebrate this important milestone for the Ascend Hotel Collection. Choice created this industry pioneering platform to meet the growing need among upscale independent owners who wished to maintain their independence, but knew they would benefit from Choice’s industry-leading technology and robust distribution and reservation channels,” said Mark Shalala, senior vice president of development, upscale brands, Choice Hotels. “The continued growth of Ascend is a testament to our incredible owners who do a great job leveraging these resources and delivering truly authentic, local experiences, while maximizing the profitability and value of their asset. The scale we’ve been able to reach is due to the success our owners have experienced, and with more than 60 hotels in the development pipeline, we expect this growth trajectory to continue.”

The Lincoln Sands Oceanfront Resort is owned by Lincoln Asset Management, a privately-owned hotel management firm with a reputation for progressive and successful property management and development.

“I chose to transition this hotel to the Ascend Hotel Collection because they are not prototypical properties. The brand truly gives me the freedom to embrace the local area and character of the hotel. The Lincoln Sands Oceanfront Resort is a great example of that, with its charm that perfectly suits the community while offering guests top-notch amenities and an ideal location to experience the natural wonders that surround it,” said Torre T. Morgal, president and CEO, Lincoln Asset Management. “With over 14 Choice-branded hotels in Lincoln Asset Management’s portfolio, Choice has been a tremendous teammate through my 23 years working with them, providing the support and tools to drive returns and brands that guests love. I’m proud to be a part of this special moment for Ascend, as this hotel marks my third with the brand and my 14th Choice-branded hotel overall.”

Ascend hotel guests can participate in the award-winning Choice Privileges loyalty program, rated a top hotel loyalty program by both USA Today’s 10Best Readers’ Choice Awards and U.S. News & World Report. Choice Privileges membership is free and offers fast rewards and exclusive member rates for those who book directly at www.choicehotels.com.

All Choice-branded hotels are participating in Commitment to Clean, an initiative that builds upon the strong foundation of franchisees’ longstanding dedication to cleanliness with enhanced training and best practices for cleaning, disinfecting and social distancing. For more information on Commitment to Clean, visit https://www.choicehotels.com/about/commitment-to-clean-hotels.


Ascend Hotel Collection®: Let the Destination Reach You.

The Ascend Hotel Collection global portfolio of independent resort, historic and boutique hotels is part of Choice Hotels, one of the world’s largest leading hotel companies. Recognized as the hotel industry’s first “soft brand” concept, there are more than 315 Ascend Hotel Collection properties worldwide, including in France, the United Kingdom, Denmark, Finland, Ireland, Norway, Spain, Sweden, Turkey, Australia, Canada, Ecuador, and throughout Mexico, the Caribbean and Central America. Membership with the Ascend Hotel Collection enables distinctive, independent properties to gain a global presence while maintaining their local charm. For more information, visit www.choicehotels.com/ascend.   


About Choice Hotels

®
Choice Hotels International, Inc. (NYSE: CHH) is one of the largest lodging franchisors in the world. With more than 7,100 hotels, representing nearly 600,000 rooms, in over 40 countries and territories as of December 31, 2020, the Choice® family of hotel brands provide business and leisure travelers with a range of high-quality lodging options from limited service to full-service hotels in the upscale, midscale, extended-stay and economy segments. The award-winning Choice Privileges® loyalty program offers members benefits ranging from everyday rewards to exceptional experiences. For more information, visit www.choicehotels.com.  


Forward-Looking Statement

This communication includes “forward-looking statements” about future events, including anticipated development and hotel openings. Such statements are subject to numerous risks and uncertainties, including construction delays, availability and cost of financing and the other “Risk Factors” described in our Annual Report on Form 10-K and our Quarterly Reports on Form 10-Q, any of which could cause actual results to be materially different from our expectations.


Addendum

This is not an offering. No offer or sale of a franchise will be made except by a Franchise Disclosure Document first filed and registered with applicable state authorities. A copy of the Franchise Disclosure Document can be obtained through contacting Choice Hotels International at 1 Choice Hotels Circle, Suite 400, Rockville, MD 20850, [email protected].

© 2021 Choice Hotels International, Inc. All rights reserved.

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SOURCE Choice Hotels International, Inc.

Navistar Launches New Aftermarket Parts Product Line

Diamond Advantage™ Diesel Parts Will Serve Class 2-5 Engines and Engine Components

PR Newswire

LISLE, Ill., March 15, 2021 /PRNewswire/ — Navistar International Corporation (NYSE: NAV) is launching a new aftermarket product line, Diamond Advantage™ Diesel Parts, which will provide high-quality aftermarket parts for Class 2-5 diesel engines and engine components.

The products served will include Ford Power Stroke Diesel, GM Duramax and Dodge RAM Cummins. Diamond Advantage parts will be distributed through Navistar’s parts distribution centers (PDCs) to warehouse distributors, diesel parts specialists and the International® dealer network.

“We are excited about the opportunity to serve this complementary Class 2 through 5 market for aftermarket diesel parts,” said T.J. O’Hanlon, general manager, Diamond Advantage. “Building on our strong track record in Class 6-8 diesel parts, this new product line will leverage our extensive distribution capabilities in delivering high quality parts to new and existing customers.”  

Ted Linhart, owner and president of Virgina-based wholesale distributor Dominion Parts Distributors believes Diamond Advantage will fill a void in the diesel automotive aftersales business. He contributed, “Diamond Advantage Diesel Parts provides the customer with a comprehensive diesel parts solution for all Class 2-5 platforms. This type of parts program is one that does not exist and has been needed for a good period of time.”

“Our scale, expertise and relationships offer parts customers in this segment a compelling value proposition that supports Navistar’s commitment to improved customer uptime and reduced total cost of ownership,” added Josef Kory, Navistar senior vice president, Aftersales. “This new product line reflects our commitment to support our customers on the road better than anyone else, through unsurpassed responsiveness and an extensive Class 2-8 product offering.”

Diamond Advantage all-makes diesel parts will be available for purchase effective March 15. For additional information, visit www.DiamondAdvantageParts.com.

About Navistar
Navistar International Corporation (NYSE: NAV) is a holding company whose subsidiaries and affiliates produce International® brand commercial trucks, proprietary diesel engines, and IC Bus® brand school and commercial buses. An affiliate also provides truck and diesel engine service parts. Another affiliate offers financing services. Additional information is available at www.Navistar.com.

All marks are trademarks of their respective owners.

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SOURCE Navistar International Corporation

California to Study Additional Renewable Energy Resources on GridLiance System in Southwest Nevada

Silverado Renewables Connection Would Help California and Nevada Meet Climate Change Goals, Create Jobs, and Boost Economy

PR Newswire

DALLAS, March 15, 2021 /PRNewswire/ — As part of its Integrated Resource Plan, the California Public Utilities Commission (CPUC) has identified more than 2,000 megawatts of new, low-cost renewable energy generation in southwest Nevada that would help the state of California achieve its climate change goals. To unlock the potential of these resources, GridLiance, an independent electric transmission company, is proposing to develop an electric transmission highway that would increase the amount of renewable energy delivered from southwest Nevada to California. The project, Silverado Renewables Connection, would create thousands of jobs and more than half a billion dollars of regional economic activity.

The California Independent System Operator (CAISO) will now study the CPUC plan and the upgrades needed to increase the transmission capacity to deliver more renewable energy from southwest Nevada to higher-demand areas in California.

Silverado Renewables Connection has received the backing of the Coalition for the Optimization of Renewable Development, the Coalition of California Utility Employees, California International Brotherhood of Electrical Workers (IBEW) Locals, Nevada IBEW Locals, Valley Electric Association and renewable developers as a regional solution to address climate change. The Nevada Governor’s Office of Energy also submitted comments in support of the project development.

“We applaud the CPUC for its bold action in identifying the increased renewable generation California needs to meet our GHG emission reduction goals,” said Pat Lavin, business manager, California IBEW Local 47. “Silverado Renewables Connection is a commonsense solution to address climate change that will boost the economy and help put thousands of IBEW members to work.”

Renewable energy developers are eagerly awaiting the opportunity to meet California’s growing demand for clean energy. There are 3,100 MWs of active renewable energy generator interconnection requests to GridLiance’s transmission system in southwest Nevada, which the CPUC has identified as being important to the state achieving its goals to reduce carbon emissions.

“We commend the CPUC for their forward-looking approach to meeting California’s nation-leading climate change goals and are excited to work with CAISO to study the needed improvements to the transmission system,” GridLiance President and CEO Calvin Crowder said. “There is pent-up demand for these upgrades, and we stand ready to begin work on Silverado Renewables Connection to expedite the deployment of these renewable resources.”

The first phase of Silverado Renewables Connection would upgrade GridLiance’s existing 230-kilovolt transmission lines to deliver thousands of megawatts of low-cost renewables from southwest Nevada into California.

Mark Stallons, CEO of Valley Electric Association, an electric cooperative serving 45,000 people in southwest Nevada, said the project would be an essential expansion of the transmission system in the West that would improve the overall reliability and resiliency of the grid.

“The CPUC’s action could provide a path to deliver incremental geothermal and other renewable resources in the area to the CAISO, further improving California’s resource adequacy,” said Kiley Moore, senior manager at Ormat, a leading geothermal and recovered energy generation company.

Ricardo Graf, managing partner and chief development officer of Arevia Power, a utility-scale solar developer, added, “If we are going to decarbonize electricity generation, we need to tap into the best and most affordable renewable energy resources. The reality is that southern Nevada resources are located next door, and with cost-effective transmission upgrades, they will be a crucial component to ensuring California achieves its net-zero emissions ambitions in a timely and efficient manner.”

CAISO will study the CPUC IRP this year during its transmission planning cycle and is expected to finalize its recommendations in March 2022.

For more information about Silverado Renewables Connection, go to silveradorenewables.com.

About GridLiance
GridLiance is comprised of three independent electric transmission utility companies that collaborate with rural electric cooperatives, municipal utilities, joint action agencies and others to plan for the future of the grid, invest in necessary electric infrastructure and implement strategies to improve system reliability and resiliency and reduce overall costs to customers. Based in Dallas, GridLiance operates more than 700 miles of transmission lines and related substation facilities in Illinois, Kansas, Kentucky, Missouri, Nevada and Oklahoma. GridLiance is a portfolio company of Blackstone Energy Partners, an affiliate of Blackstone (NYSE: BX), a leading energy infrastructure investor. For more information about GridLiance, visit gridliance.com.

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SOURCE GridLiance

United Development Funding IV and United Development Funding Income Fund V Announce Distributions for Q1 2021

GRAPEVINE, Texas, March 15, 2021 (GLOBE NEWSWIRE) — United Development Funding IV (“UDF IV”) announced today that on March 11, 2021 its board of trustees authorized a cash distribution of $0.065 per share payable on March 31, 2021 to shareholders of record at the close of business on March 24, 2021.

United Development Funding Income Fund V (“UDF V”) also announced today that on March 11, 2021 its board of trustees authorized a cash distribution of $0.254 per share payable on March 31, 2021 to shareholders of record at the close of business on March 24, 2021.

About United Development Funding IV

United Development Funding IV is a Maryland real estate investment trust. UDF IV was formed primarily to generate current interest income by investing in secured loans and producing profits from investments in residential real estate. Additional information about UDF IV can be found on its website at www.udfiv.com. UDF IV may disseminate important information regarding its operations, including financial information, through social media platforms such as Twitter, Facebook and LinkedIn.

About United Development Funding Income Fund V

United Development Funding Income Fund V is a Maryland real estate investment trust. UDF V was formed primarily to generate current interest income by investing in secured loans and producing profits from investments in residential real estate. Additional information about UDF V can be found on its website at www.udfincomefundv.com. UDF V may disseminate important information regarding its operations, including financial information, through social media platforms such as Twitter, Facebook and LinkedIn.

Investor Contact:

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[email protected]

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