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Day: February 10, 2021

Fidus Investment Corporation Declares First Quarter 2021 Dividend

EVANSTON, Ill., Feb. 10, 2021 (GLOBE NEWSWIRE) — Fidus Investment Corporation (NASDAQ:FDUS) (“Fidus” or the “Company”) today announced that its Board of Directors on February 9, 2021 declared a base dividend of $0.31 per share and a supplemental dividend of $0.07 per share for the first quarter of 2021. The Company’s dividends will be payable on March 26, 2021 to stockholders of record as of March 12, 2021.When declaring dividends, the Company’s Board of Directors reviews estimates of taxable income available for distribution, which differs from consolidated income under generally accepted accounting principles due to (i) changes in unrealized appreciation and depreciation, (ii) temporary and permanent differences in income and expense recognition, and (iii) the amount of undistributed taxable income carried over from a given year...

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Rush Enterprises, Inc. Reports Fourth Quarter and Year-end 2020 Results, Announces $0.18 Per Share Dividend

Annual revenues of $4.7 billion; net income of $114.9 millionAnnual earnings per diluted share of $2.04Achieved strong financial results despite the COVID-19 pandemic’s negative impact on the industry4th quarter revenues of $1.3 billion; net income of $41.0 millionBoard declares cash dividend of $0.18 per share of Class A and Class B common stock, a 29% increase over the prior quarterly dividendSAN ANTONIO, Feb. 10, 2021 (GLOBE NEWSWIRE) — Rush Enterprises, Inc. (NASDAQ: RUSHA & RUSHB), which operates the largest network of commercial vehicle dealerships in North America, today announced that for the year ended December 31, 2020, the Company achieved revenues of $4.7 billion and net income of $114.9 million, or $2.04 per diluted share, compared with revenues of $5.8 billion and net income of $141.6 million, or $2.51 per diluted...

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Amplify Energy Announces Appointment of Patrice Douglas to its Board of Directors

HOUSTON, Feb. 10, 2021 (GLOBE NEWSWIRE) — Amplify Energy Corp. (NYSE: AMPY) (“Amplify” or the “Company”) announced today the appointment of Patrice Douglas to the Company’s Board of Directors (the “Board”). Ms. Douglas will serve on the Audit Committee of the Board.Ms. Douglas is an attorney, who represents financial institutions, energy companies, municipalities, and utilities on legal, regulatory and compliance matters. Previously, Ms. Douglas served as Senior Vice President and then President of SpiritBank from 2004 to 2007 and Executive Vice President of First Fidelity Bank from 2007 to 2011. Ms. Douglas was elected as mayor of Edmond, Oklahoma in 2009 and served for two terms. As a member of the U.S. Conference of Mayors, she served on the committee for tourism. Ms. Douglas was appointed by Oklahoma’s Governor to the Oklahoma...

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Rezolute Reports Second Quarter Fiscal 2021 Financial Results

REDWOOD CITY, Calif., Feb. 10, 2021 (GLOBE NEWSWIRE) — Rezolute, Inc. (Nasdaq: RZLT), today announced its financial results for the quarter ended December 31, 2020.Recent Business HighlightsPhase 2b study of RZ358 continues to enroll congenital hyperinsulinism (HI) patients worldwide – The RIZE Phase 2b study of RZ358 for the treatment of congenital HI continues to enroll patients, with study completion expected in the second half of 2021. RZ358 is an allosteric modulator of the insulin receptor being developed as a treatment for all forms of congenital HI.Initiation of Phase 1 study of RZ402 – In January 2021, Rezolute announced initiation of dosing in a Phase 1 clinical study of oral plasma kallikrein inhibitor RZ402 in healthy volunteers. RZ402 is a potential first-in-class therapy being investigated as a once-daily oral treatment...

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CSX Announces Increase to Quarterly Dividend

JACKSONVILLE, Fla., Feb. 10, 2021 (GLOBE NEWSWIRE) — CSX Corp. (NASDAQ: CSX) today announced that the Company’s Board of Directors has authorized an 8 percent increase in its quarterly dividend, from $0.26 to $0.28 per share. The new $0.28 quarterly dividend is payable on March 15, 2021 to shareholders of record at the close of business on February 26, 2021.About CSX and its DisclosuresCSX, based in Jacksonville, Florida, is a premier transportation company. It provides rail, intermodal and rail-to-truck transload services and solutions to customers across a broad array of markets, including energy, industrial, construction, agricultural, and consumer products. For nearly 200 years, CSX has played a critical role in the nation’s economic expansion and industrial development. Its network connects every major metropolitan area...

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Priority Income Fund Announces Preferred Stock Distributions for March 2021

NEW YORK, Feb. 10, 2021 (GLOBE NEWSWIRE) — Priority Income Fund, Inc. (“Priority Income Fund” or the “Fund”) is pleased to announce the declaration of distributions on shares of the Fund’s 6.375% Series A Term Preferred Stock due 2025 (“Series A”), 6.25% Series B Term Preferred Stock due 2023 (“Series B”), 6.625% Series C Term Preferred Stock due 2024 (“Series C), 7.00% Series D Term Preferred Stock due 2029 (“Series D”), 6.375% Series E Term Preferred Stock due 2024 (“Series E”) and 6.625% Series F Term Preferred Stock due 2027 (“Series F”).About Priority Income FundPriority Income Fund, Inc., is a registered closed-end fund that was created to acquire and grow an investment portfolio primarily consisting of senior secured loans or pools of senior secured loans known as collateralized loan obligations (“CLOs”)....

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Playboy Enterprises and Mountain Crest Acquisition Corp Announce Closing of Business Combination

LOS ANGELES, Feb. 10, 2021 (GLOBE NEWSWIRE) — Playboy Enterprises Inc., (“Playboy”), owner of one of the largest and most recognizable lifestyle brands in the world, and Mountain Crest Acquisition Corp (Nasdaq: MCAC) (“Mountain Crest”), a publicly traded special purpose acquisition company, announced today the completion of their business combination (the “business combination”), pursuant to which Playboy became a wholly owned subsidiary of Mountain Crest and Mountain Crest changed its name to PLBY Group, Inc. (the “Company”). The business combination was approved at a special meeting of the stockholders of Mountain Crest held on February 9, 2021. The Company’s common stock is expected to trade beginning on February 11, 2021, on the Nasdaq Global Market under the ticker symbol “PLBY.”“Today is a momentous and proud day for our whole...

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Mexco Energy Corporation Reports Financial Results for the Third Quarter

MIDLAND, TX, Feb. 10, 2021 (GLOBE NEWSWIRE) — Mexco Energy Corporation (NYSE American: MXC) today reported net income of $80,497 for the quarter ending December 31, 2020, the Company’s third quarter of fiscal 2021. This compares to net income of $35,196 for the quarter ending December 31, 2019.Operating revenues, in the third quarter of fiscal 2021 were $699,894, compared to $769,778 for the second quarter of fiscal 2020. This is the result of a 13% increase in oil production, an 8% increase in gas production and a 29% increase in gas prices partially offset by a 28% decrease in oil prices.The average sales price for the quarter ending December 31, 2020 was $2.08 per Mcf and $40.01 per barrel compared to $1.61 per Mcf and $55.91 per barrel, respectively for the quarter ending December 31, 2019.For the nine months ended December...

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Mohawk Industries Names James F. Brunk Chief Financial Officer

CALHOUN, Ga., Feb. 10, 2021 (GLOBE NEWSWIRE) — Mohawk Industries, Inc. (NYSE: MHK) today announced the appointment of James F. Brunk as chief financial officer, effective April 1, 2021.“I have worked with Jim for many years, and I am confident that he will do an excellent job as our chief financial officer,” said Jeff Lorberbaum, Mohawk’s chairman and chief executive officer. “He has a deep understanding of our global operations and will positively influence our performance. His expertise in financial planning and analysis, mergers and acquisitions, accounting and investor relations has been exhibited throughout his three-decade career.”Since May 2009, Brunk, 55, has served as Mohawk’s corporate controller and chief accounting officer. He joined the Company in 2006 as chief financial officer of the Mohawk Home division. Before becoming...

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Rod Kirwan Appointed Vice President, Sales & Marketing, of Lantic Inc.

MONTRÉAL, TORONTO and VANCOUVER, British Columbia, Feb. 10, 2021 (GLOBE NEWSWIRE) — Rogers Sugar Inc. (the “Corporation” or “Rogers Sugar”) (TSX: RSI) is pleased to announce the appointment of Rod Kirwan to the position of Vice President, Sales & Marketing of Lantic Inc. (“Lantic”). Having earned a BA in Economics from Laurentian University and an MBA in Supply Chain Management from Michigan State University, Mr. Kirwan most recently held the position of Vice President and General Manager of Ventura Foods Canada, where he was responsible for the overall performance of the Canadian business unit, leading both the commercial and operations teams nationwide.During the course of a career that has spanned more than 20 years in the food industry, he developed an enviable reputation for his progressive sales and marketing leadership...

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