
June 12 (Reuters) - Primis Financial Corp FRST.O:
PRIMIS FINANCIAL CORP. ANNOUNCES SIGNED TERM SHEET TO SELL A PORTION OF ITS SHARES OF PANACEA FINANCIAL HOLDINGS, INC.
PRIMIS FINANCIAL CORP: PROPOSED SALE IS EXPECTED TO GENERATE PROCEEDS TO COMPANY OF APPROXIMATELY $22 MILLION
PRIMIS FINANCIAL CORP: EXPECTS TO RECORD AN ADDITIONAL GAIN OF BETWEEN $6.5 AND $7.0 MILLION PRE-TAX