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SHAREHOLDER ALERT: Rigrodsky & Long, P.A. Announces Investigation of FAT Brands Inc. Merger

WILMINGTON, Del., Dec. 17, 2020 (GLOBE NEWSWIRE) — Rigrodsky & Long, P.A. announces that it is investigating FAT Brands Inc. (“FAT Brands”) (NASDAQ CM: FAT) regarding possible breaches of fiduciary duties and other violations of law related to FAT Brands’ agreement to merge with Fog Cutter Capital Group Inc., FAT Brands’ controlling stockholder.  

To learn more about this investigation and your rights, visit: https://www.rl-legal.com/cases-fat-brands-inc.

You may contact Seth D. Rigrodsky or Gina M. Serra cost and obligation free at (888) 969-4242 or [email protected].

Rigrodsky & Long, P.A., with offices in Delaware and New York, has recovered hundreds of millions of dollars on behalf of investors and achieved substantial corporate governance reforms in securities fraud and corporate class actions nationwide.

Attorney advertising.  Prior results do not guarantee a similar outcome.

CONTACT:         

Rigrodsky & Long, P.A.
Seth D. Rigrodsky
Gina M. Serra
(888) 969-4242 (Toll Free)
(302) 295-5310
Fax: (302) 654-7530
[email protected]
https://rl-legal.com



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Waterstone Financial Declares First Quarter 2021 Dividend; Board Approves 66% Payment Increase

WAUWATOSA, Wis., Dec. 17, 2020 (GLOBE NEWSWIRE) — On December 17, 2020, the Board of Directors of Waterstone Financial, Inc. (NASDAQ: WSBF) declared a first quarter 2021 dividend of $0.20 per common share, an increase of 66% from the quarterly dividend rate paid in 2020. The dividend is to be paid on February 2, 2021, to shareholders of record at the close of business on January 11, 2021.

“Waterstone continues to demonstrate an ability to generate strong financial results, as well as maintain our strong financial condition,” said Doug Gordon, CEO of Waterstone Financial, Inc. “We are well-positioned to continue to execute at a high level, and I am pleased to announce that we are increasing our quarterly dividend by 66%. Our dedication to a robust dividend payout ratio demonstrates our commitment to delivering shareholder value and our continued efforts to actively manage our capital.”

About Waterstone Financial, Inc.

Waterstone Financial, Inc. is the savings and loan holding company for WaterStone Bank. WaterStone Bank was established in 1921 and offers a full suite of personal and business banking products. The Bank has branches in Wauwatosa/State St, Brookfield, Fox Point/North Shore, Franklin/Hales Corners, Germantown/Menomonee Falls, Greenfield/Loomis Rd, Milwaukee/Oklahoma Ave, Oak Creek/27th St, Oak Creek/Howell Ave, Oconomowoc/Lake Country, Pewaukee, Waukesha, West Allis/Greenfield Ave, and West Allis/National Ave, Wisconsin. WaterStone Bank is the parent company to Waterstone Mortgage, which has the ability to lend in 48 states. For more information about WaterStone Bank, go to http://www.wsbonline.com.

Contact: Mark R. Gerke
Chief Financial Officer
414-459-4012
[email protected]



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Innovative Industrial Properties Acquires Massachusetts and Washington Properties and Enters Into Long-Term Leases with 4Front

Innovative Industrial Properties Acquires Massachusetts and Washington Properties and Enters Into Long-Term Leases with 4Front

IIP Expands Portfolio to 66 Properties Comprising 5.4 Million Square Feet in 17 States

SAN DIEGO–(BUSINESS WIRE)–
Innovative Industrial Properties, Inc. (IIP), the first and only real estate company on the New York Stock Exchange (NYSE: IIPR) focused on the regulated U.S. cannabis industry, announced today that it closed on the acquisitions of a property in Georgetown, Massachusetts and a property in Olympia, Washington, which collectively comprise approximately 181,000 square feet of industrial space.

The purchase prices for the properties were $33.0 million in total (excluding transaction costs). Concurrent with the closings of the purchases, IIP entered into a long-term, triple-net lease agreement for each property with a subsidiary of 4Front Ventures Corp. (CSE: FFNT) (OTCQX: FFNTF) (4Front), which intends to continue to operate the Massachusetts property as a regulated cannabis cultivation, processing and dispensing facility and to sublease the Washington property to a cannabis license holder for continued use as a cannabis cultivation and processing facility.

As the pioneering real estate investment trust (REIT) for the medical-use cannabis industry, IIP partners with experienced medical-use cannabis operators and serves as a source of capital by acquiring and leasing back their real estate assets, in addition to offering other creative real estate-based capital solutions.

“We are excited to welcome 4Front to our premier tenant roster,” said Paul Smithers, President and Chief Executive Officer of IIP. “4Front has developed a strong footprint in their core operating markets, with a proven ability to execute and deliver a wide variety of high-quality, consistent cannabis products on a large scale. We look forward to continuing to support 4Front as they deepen their operations and strategic relationships in existing states and expand into new ones like California.”

4Front is a national multi-state cannabis operator and retailer, with a market advantage in mass-produced, low-cost quality branded cannabis products. 4Front manufactures, licenses and distributes a portfolio of over 25 cannabis brands including Marmas, Crystal Clear, Funky Monkey, Pebbles, and the Pure Ratios wellness collection, distributed through retail outlets and their chain of strategically positioned Mission branded dispensaries. Headquartered in Phoenix, Arizona, 4Front has operations in Illinois, Massachusetts, California and Michigan and leases property and provides services to cannabis license holders in Washington state that manufacture and distribute these products.

“We are thrilled to enter into this new long-term real estate partnership with IIP,” said Leo Gontmakher, Chief Executive Officer of 4Front. “These sale-leaseback transactions further enhance our balance sheet with non-dilutive capital, while allowing us to retain full operational control of our key production facilities in Massachusetts. It also allows us to continue to provide top-notch services to our tenants in Washington, and supplies us with the efficient funding for our targeted growth plans.”

Massachusetts, with approximately 6.9 million residents, approved cannabis for medical-use by popular vote in 2012, with first sales in 2014. The Commonwealth launched its adult-use cannabis program in 2018, with first sales in November of that year. Adult-use cannabis sales have exceeded $630 million in 2020 year-to-date and $1.0 billion in the two years since first sales began, and annual total regulated cannabis sales are expected to reach $1.5 billion by 2025, according to BDS Analytics. Similar to other states during this coronavirus health crisis, Massachusetts authorities ordered all businesses that are not offering essential services to close operations for a period of time. However, the Massachusetts Cannabis Control Commission deemed Medical Marijuana Treatment Centers and Certifying Health Care Providers as essential services that were permitted to remain open during this time. The adult-use cannabis program was required to close for approximately two months, but reopened in late May.

Washington, with approximately 7.7 million residents, approved cannabis for medical-use in 1998 and cannabis for adult-use in 2012, with first adult-use sales in mid-2014. According to BDS Analytics, regulated adult-use sales of cannabis topped $1.0 billion in 2019, and are expected to grow to approximately $1.3 billion by 2025. Marijuana Business Daily also estimates the total number of in-state patients and consumers to be between 1.5 million and 1.8 million residents. Cannabis businesses were also considered essential in the state of Washington during the coronavirus pandemic, with restrictions and operating protocols designed to protect the health and safety of customers and workers, in addition to relaxing protocols surrounding curbside pickup.

As of December 17, 2020, IIP owned 66 properties located in Arizona, California, Colorado, Florida, Illinois, Maryland, Massachusetts, Michigan, Minnesota, Nevada, New Jersey, New York, North Dakota, Ohio, Pennsylvania, Virginia and Washington, totaling approximately 5.4 million rentable square feet (including approximately 2.0 million rentable square feet under development/redevelopment), which were 99.3% leased (based on square footage) with a weighted-average remaining lease term of approximately 16.6 years. As of December 17, 2020, IIP had committed approximately $1.3 billion by investing approximately $1.0 billion in the aggregate (excluding transaction costs) and committing an additional approximately $298.1 million to reimburse certain tenants and sellers for completion of construction and tenant improvements at IIP’s properties. These statistics treat IIP’s Los Angeles, California property as not leased, due to the tenant being in receivership and its ongoing default in its obligation to pay rent at that location.

About Innovative Industrial Properties

Innovative Industrial Properties, Inc. is a self-advised Maryland corporation focused on the acquisition, ownership and management of specialized industrial properties leased to experienced, state-licensed operators for their regulated medical-use cannabis facilities. Innovative Industrial Properties, Inc. has elected to be taxed as a real estate investment trust, commencing with the year ended December 31, 2017. Additional information is available at www.innovativeindustrialproperties.com.

Innovative Industrial Properties Forward-Looking Statements

This press release contains statements that IIP believes to be “forward-looking statements” within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. All statements other than historical facts, including, without limitation, statements regarding the leases of the Massachusetts and Washington properties, 4Front and the Massachusetts and Washington regulated cannabis markets, are forward-looking statements. When used in this press release, words such as we “expect,” “intend,” “plan,” “estimate,” “anticipate,” “believe” or “should” or the negative thereof or similar terminology are generally intended to identify forward-looking statements. Such forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in, or implied by, such statements. Investors should not place undue reliance upon forward-looking statements. IIP disclaims any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

IIP Contact:

Catherine Hastings

Chief Financial Officer, Chief Accounting Officer and Treasurer

Innovative Industrial Properties, Inc.

(858) 997-3332

KEYWORDS: Massachusetts Washington California United States North America

INDUSTRY KEYWORDS: REIT Retail Tobacco Commercial Building & Real Estate Construction & Property

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Daiki Axis’ Business Strategies and Earnings Reviewed by KCR

Daiki Axis Focused on ESG as an Environmental Company, Benefitted from the Regional Comprehensive Economic Partnership, Actively Engaged in Initiatives Associated with Water-Related Infrastructure in India and Other Countries, and Developed Its Renewable Energy Segment into a Stable Source of Earnings

PR Newswire

TOKYO, Dec. 17, 2020 /PRNewswire/ — Daiki Axis Co., Ltd. (TOKYO:4245), an eco-creation and development company that creates social infrastructure centered on water-related businesses, recently has been reviewed by KCR Inc., an independent research and investor relations support company providing reports on various publicly traded Japanese companies. In this report, KCR provides analysis of the company’s business model and earnings.

Report Highlights
Daiki Axis Co., Ltd. (4245. First Section, Tokyo Stock Exchange) promotes its corporate slogan, “Protect and change” (Protect the global environment and change humanity’s future) as its business mission. The Company is developing its businesses, including its key water businesses, aiming to become an eco-creation and development company that constructs social infrastructure that provides natural and comfortable living environments for people. Daiki Axis is promoting ESG management by pushing forward with initiatives aimed at increasing its use of renewable energy to 100% (Environment), advancing diversity by encouraging work-style reforms and the active participation of women in the workforce (Society) and reforming its managerial structure while strengthening risk management (Governance).

Daiki Axis’s core segments are the environmental equipment segment, which is characterized by its mainstay wastewater treatment systems, and the household equipment-related business segment, which is represented by its integrated kitchen systems. These two segments account for more than 90% of the Company’s sales. Daiki Axis is currently expanding its renewable energy segment, which is characterized by the compact wind generation and solar power sales businesses. As growth strategies, the Company is publicizing efforts aimed at building water-related infrastructure overseas, expanding its recurring-revenue business of converting groundwater to drinkable water, adding value to its products, focusing on its renewable energy segment, and conducting M&A.

The Company is actively expanding its overseas water-related infrastructure business. Meanwhile, with the goal of maintaining infrastructure in regions extending across the Indian and Pacific oceans, the Japanese government has announced that it will invest or lend about US$50 billion (about \5.5 trillion) to the public and private sectors. The Company has specifically identified the ASEAN region and India as overseas focus destinations, and its wastewater treatment systems made in India have received the Ecomark from the Bureau of Indian Standards. These products also received the Company’s first GreenPro certification under the waste water treatment system category. This certification is expected to raise awareness regarding the Company’s wastewater treatment systems in India and lead to an increase in inquiries regarding their use in government-related buildings and in common eco-friendly buildings. Additionally, the Japanese government has signed on to the Regional Comprehensive Economic Partnership (RCEP), which includes China among its signatory nations and is currently the world’s largest free trade agreement. The Company anticipates that this agreement will have a favorable impact on its corporate performance over the medium to long term.

Net sales in the nine months ended September 30, 2020 were JPY25,687 million (down 3.4% YoY). However, thanks to comprehensive income improvement measures, gross profit came to JPY5,430 million (up 6.2% YoY) while operating income closed at JPY830 million (up 9.9% YoY) and ordinary income at JPY961 million (up 12.3% YoY). In terms of its balance sheet, the Company is reducing its dependence on interest-bearing debt. For the fiscal year ending December 31, 2020, the Company projects net sales of JPY34,400 million (down 3.8% YoY), operating income of JPY1,010 million (up 0.9% YoY), ordinary income of JPY1,160 million (up 0.4% YoY), profit attributable to owners of parent of JPY550 million (down 29.7% YoY), and EPS of JPY44.32.

In the renewable energy segment, the Company has nearly completed its capital investment in solar power generation. Corresponding electric power sales operations have launched and are progressing steadily, providing a stable source of earnings for the Company. In response to impact from the COVID-19 pandemic, the Company is apparently reformulating its medium-term management plan, “Make FOUNDATION Plan,” which extends from 2019 through 2021, and plans to announce the updated plan during the first half of 2021.

The Company has issued sustainability stock acquisition rights to procure funds for expenses incurred through its drinking water business (WaterKiosk business) and associated with projects such as the construction and operation of wastewater treatment system manufacturing plants in Myanmar, Sri Lanka, Bangladesh, and Kenya; the administration of wastewater treatment businesses in India and Bangladesh (BOO/BOT business); and the establishment and management of drinking water sales centers in public spaces (train stations, etc.) in India. Through these stock acquisitions rights, the Company expects to procure funds totaling JPY2,180 million and anticipates an associated rise in its equity ratio.

Daiki Axis has high efficiency indicators. It demonstrates higher performance than the average value of similar and competing companies and is characterized by its efficient capital turnover. When conducting its financial analysis, KCR Inc. compared Daiki Axis to the following three similar and competing companies: Kubota Corporation (TSE1: 6326), Tsukishima Kikai Co., Ltd. (TSE1: 6332), and EPCO., Ltd. (TSE1: 2311).

Daiki Axis focuses on shareholder return. Although it consistently targets a consolidated dividend payout ratio of 30%, the Company has indicated its intention to maintain a dividend payout ratio of 54.2% for the fiscal year ending December 31, 2020 and has made adjustments to shareholder incentives. These varied incentives, which include the gifting of 3,000 reward points to holders of 500 or more shares, benefit shareholders who have held stock in the Company for at least one year, and the actual yield of the Company’s shares as of date this report was written was 3.4% (based on 100 shares).

Read the full research report (KCR Inc.), please see:
http://www.daiki-axis.com/ir/004/index.html#010
For details about Daiki Axis Co., Ltd. (TOKYO:4245), please see:
http://www.daiki-axis.com/english/

Attentions

This report is intended to provide reference information for investment decisions, and is not intended to solicit investment. Although figures and opinions in the report are based on data obtained from sources deemed reliable, KCR Inc. does not guarantee their accuracy. KCR will assume no responsibility for any loss or damage caused by using part or all of these materials. Investors are advised to make investment decisions based on their own judgment and responsibility. Opinions and forecasts described in the report were made as of its preparation date, and we do not make any guarantees about their accuracy and completeness. In addition, these opinions and forecasts may change in the future without prior notice. KCR reserves all rights with respect to the contents. Copying or reproducing the contents without prior approval is prohibited.

Report Content Inquiries

KCR Inc.
TEL: +81-6-6965-6100
Yojiro Kindaichi
[email protected]
(English and Japanese correspondence)

Release Disclaimer
This release is for the purpose of providing information to serve as a reference for investment decisions and not for the purpose of soliciting investment. Please exercise your own judgment on final decisions such as investment policy, timing and selection. Please be advised that we do not assume any responsibility for damages caused by this service.

Release Inquiries
Borderless IR Co., Ltd. http://b-ir.co.jp/english/main.php
Sixth Floor, Toyo Building 1-2-10 Nihonbashi, Chuo-ku, Tokyo 103-0027 JAPAN
TEL: +81-3-4588-6706
POC: Toru Fukuda (English and Japanese correspondence)
Contact form: http://b-ir.co.jp/english/contact.php

Borderless IR specializes in the global distribution of IR content, including the dissemination of newsletters and annual reports providing the latest information and main strengths of Japanese companies directly to overseas investors through leading global media, corporate information database services and mailing lists. Borderless is also engaged in supporting other global IR efforts.

©Borderless IR Co., Ltd. All rights Reserved
The content of this release may not be duplicated or reproduced.

Cision View original content:http://www.prnewswire.com/news-releases/daiki-axis-business-strategies-and-earnings-reviewed-by-kcr-301195641.html

SOURCE Daiki Axis Co., Ltd.

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Boston Omaha Corporation Announces Agreement to Acquire the Assets of Utah Broadband, LLC

Boston Omaha Corporation Announces Agreement to Acquire the Assets of Utah Broadband, LLC

OMAHA, Neb.–(BUSINESS WIRE)–
Boston Omaha Corporation (NASDAQ: BOMN), through its wholly owned subsidiary FIF Utah LLC (“FIF Utah”), has entered into an agreement to acquire Utah Broadband, LLC (“UBB”), a family-owned broadband fiber and fixed wireless internet service provider. Founded in 2002, Utah Broadband provides high-speed internet services to its well over 10,000 customers throughout Salt Lake City, Park City, Ogden, Provo and surrounding communities.

The closing is subject to various conditions, including, among other things, further due diligence, regulatory approvals, third party consents and other normal and customary conditions to closing. The closing is anticipated to be completed, subject to the closing conditions, within the next 30 days.

Steve McGhie will continue as CEO while retaining a 20% initial ownership stake in the newly formed entity as he continues to guide Utah Broadband’s next phase of growth. The remaining 80% initial ownership stake will be owned by a wholly owned subsidiary of Boston Omaha, which intends to make significant additional capital investments to fund the company’s planned fiber-to-the-home expansion. Under the Agreement, FIF Utah will acquire substantially all of the assets of UBB and assume only certain UBB liabilities. The purchase price consists of $21,600,000 in cash to be paid at closing, subject to certain working capital and other adjustments, and the issuance of 20% of the common membership interests of FIF Utah, valued at $5,400,000, to Mr. McGhie. A portion of the cash purchase price will be held in escrow to provide a source of indemnification for any breaches of the representations and warranties, covenants and other obligations of UBB, its members and Mr. McGhie under the Agreement.

About Boston Omaha Corporation

Boston Omaha Corporation is a public holding company with three majority owned businesses engaged in outdoor advertising, surety insurance and broadband telecommunications services. The Company also maintains minority investments in a bank, a national residential homebuilder and commercial real estate services businesses.

Forward-Looking Statements

Matters discussed in this press release may constitute forward-looking statements. The Private Securities Litigation Reform Act of 1995 provides safe harbor protections for forward-looking statements in order to encourage companies to provide prospective information about their business. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements, which are other than statements of historical facts. The Company desires to take advantage of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 and is including this cautionary statement in connection with this safe harbor legislation. The words “believe,” “anticipate,” “intends,” “estimate,” “forecast,” “project,” “plan,” “potential,” “may,” “should,” “expect” “pending” and similar expressions identify forward-looking statements. The forward-looking statements in this press release are based upon various assumptions, many of which are based, in turn, upon further assumptions, including without limitation, our management’s examination of historical operating trends, data contained in our records and other data available from third parties. Although we believe that these assumptions were reasonable when made, because these assumptions are inherently subject to significant uncertainties and contingencies which are difficult or impossible to predict and are beyond our control, we cannot assure you that we will achieve or accomplish these expectations, beliefs or projections.

Boston Omaha Corporation

Catherine Vaughan, 617-875-8911

[email protected]

KEYWORDS: United States North America Utah Nebraska

INDUSTRY KEYWORDS: Residential Building & Real Estate Banking Commercial Building & Real Estate Technology Construction & Property Professional Services Advertising Communications Telecommunications Insurance Finance

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February 2, 2021 Filing Deadline in Splunk Shareholder Class Action – Contact Lieff Cabraser

February 2, 2021 Filing Deadline in Splunk Shareholder Class Action – Contact Lieff Cabraser

SAN FRANCISCO–(BUSINESS WIRE)–
The law firm of Lieff Cabraser Heimann & Bernstein, LLP announces that class action litigation has been filed on behalf of investors who purchased or otherwise acquired the common stock of Splunk Inc. (“Splunk” or the “Company”) (Nasdaq: SPLK) between October 21, 2020 and December 2, 2020, inclusive (the “Class Period”).

If you purchased or otherwise acquired Splunk common stock during the Class Period, you may move the Court for appointment as lead plaintiff by no later than February 2, 2021. A lead plaintiff is a representative party who acts on behalf of other class members in directing the litigation. Your share of any recovery in the actions will not be affected by your decision of whether to seek appointment as lead plaintiff. You may retain Lieff Cabraser, or other attorneys, as your counsel in the action.

Splunk investors who wish to learn more about the litigation and how to seek appointment as lead plaintiff should click here or contact Sharon M. Lee of Lieff Cabraser toll-free at 1-800-541-7358.

Background on the Splunk Class Litigation

Splunk, incorporated in Delaware and headquartered in San Francisco, California, is a software company specializing in web-based products for searching, monitoring, and analyzing machine-generated data at an organizational level.

The action alleges that, during the Class Period, defendants misrepresented and/or failed to disclose that: (1) Splunk was failing to close deals with most of its biggest customers in the fiscal third quarter 2021; (2) Splunk was not achieving the financial targets it had previously announced; and (3) as a result, defendants’ public statements were at all relevant times materially false and misleading.

On December 2, 2020, after markets closed, Splunk announced disappointing results for the fiscal third quarter 2021, including a decrease of approximately 11% in total revenues, missing analyst estimates by almost $60 million. On the subsequent earnings call, Company executives disclosed for the first time that Splunk had failed to close most of its largest deals during the quarter. On this news, the price of Splunk stock dropped $47.88 per share, or 23.25%, from its closing price of $205.91 on December 2, 2020, to close at $158.03 per share on December 3, 2020, on extremely heavy trading volume.

About Lieff Cabraser

Lieff Cabraser Heimann & Bernstein, LLP, with offices in San Francisco, New York, Nashville, and Munich, is a nationally recognized law firm committed to advancing the rights of investors and promoting corporate responsibility.

The National Law Journal has recognized Lieff Cabraser as one of the nation’s top plaintiffs’ law firms for fourteen years. In compiling the list, the National Law Journal examines recent verdicts and settlements and looked for firms “representing the best qualities of the plaintiffs’ bar and that demonstrated unusual dedication and creativity.” Law360 has selected Lieff Cabraser as one of the Top 50 law firms nationwide for litigation, highlighting our firm’s “laser focus” and noting that our firm routinely finds itself “facing off against some of the largest and strongest defense law firms in the world.” Benchmark Litigation has named Lieff Cabraser one of the “Top 10 Plaintiffs’ Firms in America.”

For more information about Lieff Cabraser and the firm’s representation of investors, please visit https://www.lieffcabraser.com/.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

Source/Contact for Media Inquiries Only

Sharon M. Lee

Lieff Cabraser Heimann & Bernstein, LLP

Telephone: 1-800-541-7358

KEYWORDS: California United States North America

INDUSTRY KEYWORDS: Legal Professional Services

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ROSEN, TRUSTED INVESTOR COUNSEL, Reminds Northern Dynasty Minerals Ltd. Investors of Important Deadline in Securities Class Action First Filed by the Firm; Encourages Investors with Losses in Excess of $100K to Contact the Firm – NAK

NEW YORK, Dec. 17, 2020 (GLOBE NEWSWIRE) — Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Northern Dynasty Minerals Ltd. (NYSE: NAK) between December 21, 2017 through November 25, 2020, inclusive (the “Class Period”), of the important February 2, 2021 lead plaintiff deadline in the securities class action first filed by the firm. The lawsuit seeks to recover damages for Northern Dynasty investors under the federal securities laws.

To join the Northern Dynasty class action, go to http://www.rosenlegal.com/cases-register-1996.html or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] or [email protected] for information on the class action.

According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) the Company’s Pebble Project was contrary to Clean Water Act guidelines and to the public interest; (2) the Company planned that the Pebble Project would be larger in duration and scope than conveyed to the public; (3) as a result, the Company’s permit applications for the Pebble Project would be denied by the U.S. Army Corps of Engineers; and (4) as a result, defendants’ public statements were materially false and/or misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.

A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than February 2, 2021. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. If you wish to join the litigation, go to http://www.rosenlegal.com/cases-register-1996.html or to discuss your rights or interests regarding this class action, please contact Phillip Kim, Esq. of Rosen Law Firm toll free at 866-767-3653 or via e-mail at [email protected] or [email protected].

NO CLASS HAS YET BEEN CERTIFIED IN THE ABOVE ACTION. UNTIL A CLASS IS CERTIFIED, YOU ARE NOT REPRESENTED BY COUNSEL UNLESS YOU RETAIN ONE. YOU MAY RETAIN COUNSEL OF YOUR CHOICE. YOU MAY ALSO REMAIN AN ABSENT CLASS MEMBER AND DO NOTHING AT THIS POINT. AN INVESTOR’S ABILITY TO SHARE IN ANY POTENTIAL FUTURE RECOVERY IS NOT DEPENDENT UPON SERVING AS LEAD PLAINTIFF.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 3 each year since 2013. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm’s attorneys are ranked and recognized by numerous independent and respected sources. Rosen Law Firm has secured hundreds of millions of dollars for investors. Attorney Advertising. Prior results do not guarantee a similar outcome.

——————————-

Contact Information:

        Laurence Rosen, Esq.
        Phillip Kim, Esq.
        The Rosen Law Firm, P.A.
        275 Madison Avenue, 40th Floor
        New York, NY 10016
        Tel: (212) 686-1060
        Toll Free: (866) 767-3653
        Fax: (212) 202-3827
        [email protected]
        [email protected]
        [email protected]
        www.rosenlegal.com



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CLAYTON & LITTLE IS NOW CLAYTON KORTE

Celebrated design firm marks 15th anniversary with a new name

Austin, Texas, Dec. 17, 2020 (GLOBE NEWSWIRE) — Austin- and San Antonio-based architecture and interiors firm Clayton & Little has changed its name to Clayton Korte. The new name reflects a recent change in firm leadership, ownership, and design direction. Though the firm’s name has changed, the practice will continue to focus on creating layered, experience-rich places that respond to local context, connect to their environment, highlight craft, and focus on the human experience. The announcement coincides with the firm’s fifteenth anniversary. 

Co-founded by architects Paul Clayton, AIA and Emily Little, FAIA in 2005, Clayton & Little was itself a successor practice to Emily Little Architects, founded in 1983. Clayton, the firm’s owner since 2005, led its growth from a five-person architectural practice into the interdisciplinary design firm it is today, with offices in two cities and a team of more than 30 full-time professionals including architects, designers, and support staff. In 2016, Clayton named Brian Korte, FAIA; Sam Manning, AIA; and Nathan Quiring, AIA, partners, and George Wilcox, AIA an associate partner. Emily Little remains at the firm as partner emerita. 

Brian Korte joined the firm in 2015 following 17 years at Lake|Flato, where he was a partner. Korte has been recognized with more than 20 national, state and local AIA design awards, as well as dozens of awards from related industries, including the American Society of Landscape Architects, The Architect’s Newspaper, Residential Architect and most recently with the Hill Country Wine Cave on the cover of the September 2020 issue of Interior Design magazine. 

In February of 2020, Korte was elevated to The College of Fellows of The American Institute of Architects, an honor awarded to only three percent of all AIA members that acknowledges personal achievements, architectural excellence and those architects who have made a significant contribution to architecture and society on a national level. “Brian brings incredible design experience to the firm,” notes Clayton. Korte is leading a number of wine-related projects in Central California, including wineries, estate residences, and vineyard barns, in addition to several Texas ranch houses. “These landscape-centric projects allow us to create buildings that represent a merger of regional ecology, ingenuity and resilience; they step back and let the natural landscape be the star of the show,” adds Korte. 

In addition to residences, the firm is known for signature hospitality projects, many led by Manning, which include the restaurants Eberly, Clark’s, and Jeffrey’s in Austin; Savor, Southerleigh, and The Bottling Department Food Hall in San Antonio’s historic Pearl District; and notable Austin properties including Hotel Saint Cecilia, and the recently completed Commodore Perry Estate, which is part of the Auberge Resorts Collection. “We strive for a balance between residential and commercial projects, as each informs the other,” notes Clayton. “How we live and come together with family and friends make up some of our most important shared rituals. Studying these rituals and the spaces that host them serve as a springboard for everything else,” adds Manning. 

Other public and institutional work, led by Quiring, includes San Gabriel Park in Georgetown, Texas and the Mack Dick Pavilion at Palo Duro Canyon State Park in the Texas Panhandle. Current work includes Pease Park and Fiesta Gardens, both in Austin, Texas. “In addition to hospitality and commercial projects,” adds Quiring, “we’re fortunate to have the opportunity to work with many surrounding city, county, and state agencies on important public spaces. We work hard to find ways to add to our community, particularly to its mix of urban and natural amenities, which make it so beloved.” 

Additional work in progress includes single-family and ranch residences throughout Texas and in California, Hawaii, and Maryland, as well as a variety of hospitality and civic projects, including Veramendi House in San Antonio (a boutique hotel along the San Antonio Riverwalk); the new Albert Hotel in Fredericksburg, Texas; a revamp of the historic Wo Fat Hotel in Honolulu, Hawaii; and wineries in California, including Fulldraw Winery, Copia Winery, and Alma Rosa Winery. 

Clayton Korte will continue to embrace interdisciplinary collaboration. In recent years the firm added a full range of interior design services to ensure that building interiors support the firm’s architecture to create a holistic design expression. In-house custom furniture design and art curation provide further integration. The firm’s brand strategy and identity design team, led by Creative Director Wendy Smith, offers a complete suite of related services, including research, strategy, brand and identity design, and creative execution. 

As for the future, Clayton notes, “With the name change, we are signaling new leadership and driving new design direction. While we will continue to build on the firm’s solid foundation, we remain committed to delivering world-class architecture, design, and service.” 

A selection of the project imagery can be found here, https://www.dropbox.com/sh/52ssg2csp02jnxp/AADsb8c4Y0whT0Hnybx11kBla?dl=0

About Clayton Korte: 

The architecture firm established its Austin office in 2005 and in 2015 expanded to San Antonio after completing several high-profile projects in the Alamo City. The second office joins more than 30 architects and designers with a long history of working together in the two cities while broadening the firm’s range of services to incorporate architecture, interior design, experience design, and brand. The beneficial exchange of ideas across the region has impacted locations outside of Texas; recent expansion includes projects in California, Hawaii, Maryland and beyond. claytonkorte.com 

Attachments 



Chloe Gilstrap
Clayton Korte
(864) 350-7807
[email protected]

Posted on

IIROC Trading Halt – MANS

Canada NewsWire

VANCOUVER, BC, Dec. 17, 2020 /CNW/ – The following issues have been halted by IIROC:

Company: Mansa Exploration

CSE Symbol: MANS

Reason: Pending Closing

Halt Time (ET): 4:24 PM

IIROC can make a decision to impose a temporary suspension (halt) of trading in a security of a publicly-listed company. Trading halts are implemented to ensure a fair and orderly market. IIROC is the national self-regulatory organization which oversees all investment dealers and trading activity on debt and equity marketplaces in Canada.

SOURCE Investment Industry Regulatory Organization of Canada (IIROC) – Halts/Resumptions

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Antero Resources Announces Pricing of $500 Million Offering of Senior Notes

PR Newswire

DENVER, Dec. 17, 2020 /PRNewswire/ — Antero Resources Corporation (NYSE: AR) (“Antero Resources”) announced today the pricing of its private placement to eligible purchasers of $500 million in aggregate principal amount of 8.375% senior unsecured notes due 2026 at par (the “Notes”). The offering is expected to close on January 4, 2021, subject to customary closing conditions.

Antero Resources estimates that it will receive net proceeds of approximately $494 million, after deducting the initial purchasers’ discounts and estimated expenses. Antero Resources intends to use a portion of the net proceeds from the offering to fund the redemption of $350 million aggregate principal amount of its 5.125% senior notes due 2022 (the “2022 Notes”) at par plus accrued interest and to use the remaining net proceeds to repay borrowings under its credit facility. The partial redemption of the 2022 Notes is conditioned on the completion of the offering of the Notes. The offering of the Notes is not contingent upon the completion of such redemption.

The Notes to be offered have not been registered under the Securities Act of 1933, as amended (the “Securities Act”), or any state securities laws, and unless so registered, may not be offered or sold in the United States except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act and applicable state securities laws. The Notes will be offered only to persons reasonably believed to be qualified institutional buyers in reliance on Rule 144A under the Securities Act and outside the United States pursuant to Regulation S under the Securities Act.

This press release is neither an offer to sell nor a solicitation of an offer to buy the Notes or any other securities and shall not constitute an offer to sell or a solicitation of an offer to buy, or a sale of, the Notes or any other securities in any jurisdiction in which such offer, solicitation or sale is unlawful. This press release shall not constitute a notice of redemption of the 2022 Notes.

Antero Resources is an independent natural gas and natural gas liquids company engaged in the acquisition, development and production of unconventional properties located in the Appalachian Basin in West Virginia and Ohio. In conjunction with its affiliate, Antero Midstream (NYSE: AM), Antero is one of the most integrated natural gas producers in the U.S.

This release includes “forward-looking statements.” Such forward-looking statements are subject to a number of risks and uncertainties, many of which are not under Antero Resources’ control. All statements, except for statements of historical fact, made in this release regarding activities, events or developments Antero Resources expects, believes or anticipates will or may occur in the future, such as statements regarding the proposed offering and the intended use of proceeds, including to fund the partial redemption of the 2022 Notes, are forward-looking statements within the meaning of Section 27A of the Securities Act and Section 21E of the Securities Exchange Act of 1934. All forward-looking statements speak only as of the date of this release. Although Antero Resources believes that the plans, intentions and expectations reflected in or suggested by the forward-looking statements are reasonable, there is no assurance that these plans, intentions or expectations will be achieved. Therefore, actual outcomes and results could materially differ from what is expressed, implied or forecast in such statements. Except as required by law, Antero Resources expressly disclaims any obligation to and does not intend to publicly update or revise any forward-looking statements.

Antero Resources cautions you that these forward-looking statements are subject to all of the risks and uncertainties, incident to the exploration for and development, production, gathering and sale of natural gas, NGLs and oil most of which are difficult to predict and many of which are beyond the Antero Resources’ control. These risks include, but are not limited to, commodity price volatility, inflation, lack of availability of drilling and production equipment and services, environmental risks, drilling and other operating risks, regulatory changes, the uncertainty inherent in estimating natural gas and oil reserves and in projecting future rates of production, cash flows and access to capital, the timing of development expenditures, impacts of world health events, including the COVID-19 pandemic, potential shut-ins of production due to lack of downstream demand or storage capacity, and the other risks described under the heading “Item 1A. Risk Factors” in Antero Resources’ Annual Report on Form 10-K for the year ended December 31, 2019 and in its subsequently filed Quarterly Reports on Form 10-Q.

 

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SOURCE Antero Resources Corporation