Latest news with #SecuritiesLitigationReformActof1995
Yahoo
19-05-2025
- Business
- Yahoo
Reading International, Inc. Announces Participation at the Sidoti Virtual Micro-Cap Investor Conference
NEW YORK, May 19, 2025 (GLOBE NEWSWIRE) -- Reading International, Inc. (NASDAQ: RDI) ('Reading' or our 'Company'), an internationally diversified cinema and real estate company with operations and assets in the United States, Australia, and New Zealand, announced it is scheduled to participate at Sidoti's Virtual Micro-Cap Investor Conference taking place on Wednesday, May 21, through Thursday, May 22, 2025. Investor Relations contact, Andrzej Matyczynski, Executive Vice President – Global Operations, will present virtually at 10:45 A.M. Eastern time on Thursday, May 22, 2025. The presentation will provide insight on the Company's financial results for the fiscal first quarter ending March 31, 2025, business outlook and capital allocation strategy. The Company will also host virtual one-on-one investor meetings throughout both days of the conference. A copy of Company's investor presentation will become available on the Company's corporate website - Reading International - Events - on May 22, 2025 after the conclusion of the conference. Registration for the presentation or the one-on-ones will be available at Sidoti Public Registration. Registration is free and open to all; you do not need to be a Sidoti client. About Reading International, Inc. Reading International, Inc. (NASDAQ: RDI), an internationally diversified cinema and real estate company operating through various domestic and international subsidiaries, is a leading entertainment and real estate company, engaging in the development, ownership, and operation of cinemas and retail and commercial real estate in the United States, Australia, and New Zealand. Reading's cinema subsidiaries operate under multiple cinema brands: Reading Cinemas, Consolidated Theatres and the Angelika brand. Its live theatres are owned and operated by its Liberty Theaters subsidiary, under the Orpheum and Minetta Lane names. Its signature property developments, including Newmarket Village in Brisbane, Australia, and 44 Union Square in New York City, are maintained in special purpose entities. Additional information about Reading can be obtained from our Company's website: Cautionary Note Regarding Forward-Looking Statements This release contains a variety of forward-looking statements as defined by the Securities Litigation Reform Act of 1995, including those related to (i) our expectations about the closing of the sale of our Wellington property assets and the subsequent lease of the existing cinema at Courtenay Central; and (ii) our intentions regarding the renovation and reopening of our existing cinema in the Courtenay Central building. You can recognize these statements by our use of words, such as 'may,' 'will,' 'expect,' 'believe,' 'intend' and 'anticipate' or other similar terminology. Given the variety and unpredictability of the factors that will ultimately influence our businesses and our results of operation, no guarantees can be given that any of our forward-looking statements will ultimately prove to be correct. Actual results may differ materially from those indicated in the forward-looking statements and there is no guarantee as to how our securities will perform either when considered in isolation or when compared to other securities or investment opportunities. Forward-looking statements made by us in this release are based only on information currently available to us and speak only as of the date on which they are made. We undertake no obligation to publicly update or to revise any of our forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required under applicable law. Accordingly, you should always note the date to which our forward-looking statements speak. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of our control. Therefore, you should not rely on any of these forward-looking statements. Important factors that could cause our actual results and financial condition to differ materially from those indicated in the forward-looking statements include, among others, those factors discussed throughout Part I, Item 1A – Risk Factors – and Part II Item 7 – Management's Discussion and Analysis of Financial Condition and Results of Operations – of our Annual Report on Form 10-K for the most recently ended fiscal year, as well as the risk factors set forth in any other filings made under the Securities Act of 1934, as amended, including any of our Quarterly Reports on Form 10-Q, for more information. For more information, contact:Gilbert Avanes – EVP, CFO, and TreasurerAndrzej Matyczynski – EVP Global Operations (213) 235-2240
Yahoo
16-05-2025
- Business
- Yahoo
Vuzix Smart Glasses Power Enterprise Deployments in Warehouse and Logistics for Major Multinational
ROCHESTER, N.Y., May 16, 2025 /PRNewswire/ -- Vuzix® Corporation (NASDAQ: VUZI), ("Vuzix" or, the "Company"), a leading supplier of AI-powered smart glasses, waveguides, and Augmented Reality (AR) technologies, today acknowledged a public post made by Amazon on LinkedIn, which highlighted the use of Vuzix smart glasses to enhance warehouse operations. According to the post, the smart glasses are supporting Reliability and Maintenance Engineering (RME) teams by enabling "see what I see" functionality—allowing central experts to virtually diagnose and resolve complex equipment issues in real time. This approach is improving safety, accelerating repairs, and enhancing productivity within large-scale logistics facilities. Vuzix smart glasses have been purchased by the customer and are currently deployed to support maintenance operations and remote collaboration. "This is another clear example of how Vuzix smart glasses are delivering real-world value to some of the world's most sophisticated enterprises," said Paul Travers, President and CEO of Vuzix. "We're proud to support customers embracing wearable technologies to drive safety, efficiency, and digital transformation at scale." About Vuzix Corporation Vuzix is a leading designer, manufacturer and marketer of AI-powered Smart Glasses, Waveguides and Augmented Reality (AR) technologies, components and products for the enterprise, medical, defense and consumer markets. The Company's products include head-mounted smart personal display and wearable computing devices that offer users a portable high-quality viewing experience, provide solutions for mobility, wearable displays and augmented reality, as well OEM waveguide optical components and display engines. Vuzix holds more than 425 patents and patents pending and numerous IP licenses in the fields of optics, head-mounted displays, and the augmented reality wearables field. The Company has won Consumer Electronics Show (or CES) awards for innovation for the years 2005 to 2024 and several wireless technology innovation awards among others. Founded in 1997, Vuzix is a public company (NASDAQ: VUZI) with offices in: Rochester, NY; and Kyoto and Okayama, Japan. For more information, visit the Vuzix website, X and Facebook pages. Forward-Looking Statements Disclaimer Certain statements contained in this news release are "forward-looking statements" within the meaning of the Securities Litigation Reform Act of 1995 and applicable Canadian securities laws. Forward-looking statements contained in this release relate to Vuzix Smart Glasses, our business relationship and future business opportunities with Amazon, and among other things the Company's leadership in the Smart Glasses and AR display industry. They are generally identified by words such as "believes," "may," "expects," "anticipates," "should" and similar expressions. Readers should not place undue reliance on such forward-looking statements, which are based upon the Company's beliefs and assumptions as of the date of this release. The Company's actual results could differ materially due to risk factors and other items described in more detail in the "Risk Factors" section of the Company's Annual Reports and MD&A filed with the United States Securities and Exchange Commission and applicable Canadian securities regulators (copies of which may be obtained at or Subsequent events and developments may cause these forward-looking statements to change. The Company specifically disclaims any obligation or intention to update or revise these forward-looking statements as a result of changed events or circumstances that occur after the date of this release, except as required by applicable law. Vuzix Media and Investor Relations Contact: Ed McGregor, Director of Investor Relations,Vuzix Corporationed_mcgregor@ Tel: (585) 359-5985 Vuzix Corporation, 25 Hendrix Road, West Henrietta, NY 14586 USA,Investor Information – IR@ View original content to download multimedia: SOURCE Vuzix Corporation
Associated Press
16-04-2025
- Business
- Associated Press
Brookmount Gold Announces $2.1 Million Net Profit for Q1 2025
RENO, NV / ACCESS Newswire / April 16, 2025 / Brookmount Explorations, Inc (sic: 'Brookmount Gold') (OTC PINK:BMXI) is pleased to announce that its Indonesian operations reported much better than expected financial performance for the first quarter to February 28, 2025. Revenue was approximately $3.4 million with a net profit of $2.1 million or slightly over .01 Earnings per share (EPS). This highly positive transition to full operational control of the business, beginning in January, was reflective of a steadily increasing gold price and enhanced productivity as Brookmount's own mining activities were undergoing what has been a seamless restructuring under new management. 'We believe that this excellent result endorses our strategy of extracting maximum value from the takeover. We are increasing our staff and our efficiency to take our Indonesian operations to a new and higher level of performance,' commented CEO Nils Ollquist. Mr. Ollquist continued, 'This month, following recent work undertaken to increase the depth of the main shaft at our primary location to one hundred meter, we are adding an additional mining team of twenty workers to expand shift rotation, Reaching this depth will increase ore grades to above 20 grams/tonne of ore, and facilitate a minimum of three additional horizontal tunnels to be constructed to increase the mineable surface area.' Mr. Ollquist concluded, 'Our financial projection, based on existing ore grades and planned expansion of production, indicate our performance metrics are ahead of schedule and an endorsement of our decision to move forward with the takeover made last year. Free cash flow generated by our Indonesian operations will be allocated, as a priority, to eliminating the Company's remaining debt, to strengthening the balance sheet and improving our valuation. Further announcements on progress on accelerating Indonesian operations will be made over the few weeks.' About Brookmount Gold Founded in 2018, Brookmount Gold is a high-growth gold-producing company quoted on OTC Markets in the United States (OTC: BMXI). With operating gold mines in Southeast Asia and exploration and production assets in North America, the Company is focused on building production of existing assets to scale, in addition to acquiring and developing additional high quality gold assets with JORC/NI 43-101 verified resources. Safe Harbor Statements: Except for the historical information contained herein, certain of the matters discussed in this communication constitute 'forward-looking statements' within the meaning of the Securities Litigation Reform Act of 1995. Words such as 'may,' 'might,' 'will,' 'should,' 'could,' 'anticipate,' 'estimate,' 'expect,' 'predict,' 'project,' 'future,' 'potential,' 'intend,' 'seek to,' 'plan,' 'assume,' 'believe,' 'target,' 'forecast,' 'goal,' 'objective,' 'continue' or the negative of such terms or other variations thereof and words and terms of similar substance used in connection with any discussion of future plans, actions, or events identify forward-looking statements. These forward looking statements include, but are not limited to, statements regarding benefits of the proposed license, expected synergies, anticipated future financial and operating performance and results, including estimates of growth. There are a number of risks and uncertainties that could cause actual results to differ materially from the forward-looking statements included in this communication. For example, the expected timing and likelihood of completion of the pending transaction, including the timing, receipt and terms and conditions of any required governmental and regulatory approvals of the pending transaction that could reduce anticipated benefits or cause the parties to abandon the transaction, the ability to successfully integrate the businesses, the occurrence of any event, change or other circumstance that could give rise to the termination of the negotiations, the risk that the parties may not be able to satisfy the conditions to the proposed transaction in a timely manner or at all, risks related to disruption of management time from ongoing business operations due to the proposed transaction, the risk that any announcements relating to the proposed transaction could have adverse effects on the market price of Brookmount's common stock. All such factors are difficult to predict and are beyond our control. We disclaim and do not undertake any obligation to update or revise any forward-looking statement in this report, except as required by applicable law or regulations. Investor Relations Contact: [email protected] or 410-825-3930 Website: Contact: [email protected] Social Links: Brookmount Gold X (Former Twitter): SOURCE: Brookmount Explorations, Inc. press release
Yahoo
14-02-2025
- Business
- Yahoo
F&M Bank Welcomes Carly Buchanan as Chief People Officer
Carly Buchanan, 2025 ARCHBOLD, Ohio, Feb. 14, 2025 (GLOBE NEWSWIRE) -- F&M Bank ('F&M'), an Archbold, Ohio-based bank owned by Farmers & Merchants Bancorp, Inc. (Nasdaq: FMAO) is pleased to announce Carly Buchanan as its new Chief People Officer. With over 18 years of HR, leadership, and organizational development experience across multiple industries, Carly will lead F&M's Human Resources Department, driving strategic HR planning, talent acquisition, employee engagement, and organizational growth. Carly brings a decade of retail banking experience to her role, providing valuable insight into customer-focused strategies and operational efficiency. She holds senior HR certifications from SHRM (SHRM-SCP) and HRCI and has served as past President of the Northeast Indiana Human Resources Association. Recognized as a 2023 Fort Wayne 40 Under 40 honoree, Carly is also deeply committed to community involvement, supporting organizations like Junior Achievement, Boys and Girls Club, and the 988 Crisis Lifeline. 'Carly's leadership, expertise, and passion for people make her an incredible asset to F&M Bank,' said Lars Eller, President, and CEO. 'Her strategic vision will strengthen our culture, enhance employee engagement, and support our mission of serving our customers and communities.' Carly earned her MBA and a Bachelor of Science in Business Administration from Indiana Tech. She and her family reside in Northern Indiana, where she combines professional excellence with a strong dedication to community impact. About F&M Bank: F&M Bank is a local independent community bank that has been serving its communities since 1897. F&M Bank provides commercial banking, retail banking and other financial services. Our locations are in Butler, Champaign, Fulton, Defiance, Hancock, Henry, Lucas, Shelby, Williams, and Wood counties in Ohio. In Northeast Indiana, we have offices located in Adams, Allen, DeKalb, Jay, Steuben and Wells counties. The Michigan footprint includes Oakland County, and we have Loan Production Offices in Troy, Michigan; Muncie, Indiana; and Perrysburg and Bryan, Ohio. Safe harbor statementPrivate Securities Litigation Reform Act of 1995. Statements by F&M, including management's expectations and comments, may not be based on historical facts and are 'forward-looking statements' within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21B of the Securities Exchange Act of 1934, as amended. Actual results could vary materially depending on risks and uncertainties inherent in general and local banking conditions, competitive factors specific to markets in which F&M and its subsidiaries operate, future interest rate levels, legislative and regulatory decisions, capital market conditions, or the effects of the COVID-19 pandemic, and its impacts on our credit quality and business operations, as well as its impact on general economic and financial market conditions. F&M assumes no responsibility to update this information. For more details, please refer to F&M's SEC filing, including its most recent Annual Report on Form 10-K and quarterly reports on Form 10-Q. Such filings can be viewed at the SEC's website, or through F&M's website Company Contact: Investor and Media Contact: Lars B. EllerPresident and Chief Executive Officer Farmers & Merchants Bancorp, Inc.(419) 446-2501 leller@ Andrew M. BergerManaging DirectorSM Berger & Company, Inc. (216) 464-6400andrew@ A photo accompanying this announcement is available at in to access your portfolio
Yahoo
11-02-2025
- Business
- Yahoo
F&M Bank Welcomes Peter Schork as Regional President for Toledo, Ohio & Southeast Michigan
Peter Schork ARCHBOLD, Ohio, Feb. 10, 2025 (GLOBE NEWSWIRE) -- F&M Bank ('F&M'), an Archbold, Ohio-based bank owned by Farmers & Merchants Bancorp, Inc. (Nasdaq: FMAO) announced that Peter Schork has joined F&M as Regional President of the Toledo, Ohio, and Southeastern Michigan regions. Lars Eller, President and CEO of F&M stated, 'As a proven community banker, Peter brings a wealth of experience to F&M. His leadership, deep market knowledge, and commitment to building strong relationships will be an invaluable resource to F&M as we continue to grow and serve our communities. We look forward to the impact he will make in driving success for our customers, employees, and stakeholders.' In his new role, Peter will oversee F&M's presence in the Toledo, Ohio, and Birmingham, Michigan markets, including offices in Waterville, Swanton, Perrysburg, Sylvania, and Downtown Toledo, as well as F&M's Loan Production Office in Troy and its Birmingham, Michigan location. Peter brings over 25 years of banking and financial experience to F&M. Prior to joining the Company, he served as the Ann Arbor President for Oxford Bank and co-founded the Ann Arbor State Bank serving as its President and CEO. In addition to his community bank experience, Peter was the CFO at Catalyst Commercial Real Estate, and the President of a Michigan-based title, mortgage, and real estate company. In addition to his business experience, Peter is a proud supporter of various community organizations. Currently, he serves on the Michigan Theater Board of Trustees, is a member of the Ray and Eleanor Cross Foundation and the Kiwanis Club of Ann Arbor and is a Board Member and Treasurer for the Homeless/Unhoused Mission. Peter holds a Master of Business Administration (M.B.A.) with a specialization in Finance from Eastern Michigan University. About F&M Bank: F&M Bank is a local independent community bank that has been serving its communities since 1897. F&M Bank provides commercial banking, retail banking and other financial services. Our locations are in Butler, Champaign, Fulton, Defiance, Hancock, Henry, Lucas, Shelby, Williams, and Wood counties in Ohio. In Northeast Indiana, we have offices located in Adams, Allen, DeKalb, Jay, Steuben and Wells counties. The Michigan footprint includes Oakland County, and we have Loan Production Offices in Troy, Michigan; Muncie, Indiana; and Perrysburg and Bryan, Ohio. Safe harbor statementPrivate Securities Litigation Reform Act of 1995. Statements by F&M, including management's expectations and comments, may not be based on historical facts and are 'forward-looking statements' within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21B of the Securities Exchange Act of 1934, as amended. Actual results could vary materially depending on risks and uncertainties inherent in general and local banking conditions, competitive factors specific to markets in which F&M and its subsidiaries operate, future interest rate levels, legislative and regulatory decisions, capital market conditions, or the effects of the COVID-19 pandemic, and its impacts on our credit quality and business operations, as well as its impact on general economic and financial market conditions. F&M assumes no responsibility to update this information. For more details, please refer to F&M's SEC filing, including its most recent Annual Report on Form 10-K and quarterly reports on Form 10-Q. Such filings can be viewed at the SEC's website, or through F&M's website __________________________________________ Company Contact: Investor and Media Contact: Lars B. EllerPresident and Chief Executive Officer Farmers & Merchants Bancorp, Inc.(419) 446-2501 leller@ Andrew M. BergerManaging DirectorSM Berger & Company, Inc. (216) 464-6400andrew@ A photo accompanying this announcement is available at in to access your portfolio
