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Month: February 2021

PhenixFIN Corporation Announces First Quarter 2021 Financial Results

NEW YORK, Feb. 16, 2021 (GLOBE NEWSWIRE) — PhenixFIN Corporation (NASDAQ: PFX) (the “Company”), a publicly traded business development company, today announced its financial results for the fiscal first quarter of 2021.First Quarter 2021 HighlightsTotal investment income of $12.8 million; net investment income of $8.3 million$62.4 million in cash on December 31, 2020Sale of MCC Senior Loan Strategy JV I LLC (“MCC JV”), resulting in net proceeds of $41 millionFull redemption of $74.0 million of the 6.5% Notes due 2021Net asset value of $144.2 million, or $52.94 per share vs. $55.30 per share as of September 30, 2020David Lorber, Chief Executive Officer of the Company, stated: “The quarter brought significant change for the organization with the announced sale of the MCC JV facility, meaningful debt paydown, and the announced...

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Midwest Energy Emissions Corp. Announces Rebranding to ME2C® Environmental

Rebranding Reflects Broadening Focus on Emissions Control Technologies Across the Energy SectorCORSICANA, TX, Feb. 16, 2021 (GLOBE NEWSWIRE) — Midwest Energy Emissions Corp. (OTCQB: MEEC) (“ME2C Environmental” or the “Company”), a leading environmental technologies firm, today announced the launch of ME2C Environmental, a new brand identity. This new trade name and rebranding will more effectively reflect the Company’s ongoing dedication to combatting climate change with a suite of proprietary emissions control technologies. The Company’s diversification is built upon its extensive know-how and history of successful development and commercialization of field-proven emissions control technologies.The Company will continue to trade under the “MEEC” ticker symbol on the OTCQB® Venture Market and will maintain its existing...

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Resonant Appoints New Technical Thought Leaders to Advisory Board and Creates Technical Committee

Technical Committee Formed to Advance Adoption and Development of XBAR® Technologies in 5G, Wi-Fi and Other Growth MarketsCompany Appoints Larry Larson, PhD, Jianming Jin, PhD, and Gabriel Rebeiz, PhD, to Newly Formed CommitteeAUSTIN, Texas, Feb. 16, 2021 (GLOBE NEWSWIRE) — Resonant Inc. (NASDAQ: RESN), a provider of radio frequency (RF) filter solutions developed on a robust intellectual property platform and designed to connect People and Things, today announced the formation of a Technical Committee to its Advisory Board to advance XBAR® adoption and development efforts, concurrent with the appointment of notable leading technical thought leaders to the committee.In addition to the new Technical Committee, Resonant maintains an industry-leading Advisory Board with members with over 250 years of significant industry experience...

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Nevada Exploration Secures South Grass Valley Permit, Signs Drilling Contract, and Engages VRIFY to Provide Interactive Data Visualization Platform

RENO, Nevada , Feb. 16, 2021 (GLOBE NEWSWIRE) — Nevada Exploration Inc. (“NGE” or the “Company”) (TSX-V:NGE; OTCQB:NVDEF) is pleased to announce that it has completed the permitting process for additional drill sites and signed a contract for a deep-capacity diamond core rig to begin its next phase of drilling at its South Grass Valley Carlin-type gold project, located south of Nevada Gold Mines’ Cortez Complex. NGE expects drilling to begin on or about March 1, 2021.Discussing the upcoming program, NGE CEO, Wade Hodges: “Having confirmed the discovery of a large Carlin-type mineral system with our initial Phase 1 drilling program, and identified what we believe to be the major controls for mineralization with our Phase 2 drilling program, the objective of this next phase of drilling is to demonstrate that we can follow these controls...

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BioSig Appoints Brenda Castrodad to Lead Human Resources

Westport, CT, Feb. 16, 2021 (GLOBE NEWSWIRE) — BioSig Technologies, Inc. (NASDAQ: BSGM) (“BioSig” or the “Company”), a medical technology company commercializing an innovative signal processing platform designed to improve signal fidelity and uncover the full range of ECG and intra-cardiac signals, today announced that it appointed Ms. Brenda Castrodad to lead its Human Resources department.A seasoned executive, Ms. Castrodad brings a wealth of experience in leading organizational development in start-ups and Fortune 500 companies within the life sciences sector. Most recently, Ms. Castrodad led the HR department at TissueTech, Inc., a Miami, FL-based biotech leader in regenerative amniotic tissue-based products, where she was responsible for transformation and automation of the company’s HR practices, talent planning, and team...

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Aegion Enters Into Definitive Agreement to be Acquired by Affiliates of New Mountain Capital

Aegion Stockholders to Receive $26.00 per Share in CashTotal Enterprise Value of $963 Million Including Net DebtTransaction Implies a 28% Premium Over the 30-Day Volume Weighted Average Share PriceCompany Expects 2020 Fourth Quarter and Full Year Financial Results to be in Line with ExpectationsST. LOUIS, Feb. 16, 2021 (GLOBE NEWSWIRE) — Aegion Corporation (NASDAQ:AEGN), a leading provider of infrastructure maintenance, rehabilitation and protection solutions, today announced that it has entered into a definitive merger agreement with affiliates of New Mountain Capital, L.L.C., (“New Mountain”, and together with such affiliates “Buyer”), a leading growth-oriented investment firm headquartered in New York, in a transaction valued at approximately $963 million that will result in Aegion becoming a private company.Under the terms of...

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Conduent Selected for National Procurement Contract to Provide Agencies with Medicaid Services

FLORHAM PARK, N.J., Feb. 16, 2021 (GLOBE NEWSWIRE) — Conduent Incorporated (Nasdaq: CNDT), a business process services and solutions company, today announced it has been selected by NASPO ValuePoint’s multistate sourcing team to provide government agencies with Medicaid Management Information System (MMIS) Claims Processing and Management Services. Under the agreement, states and territories now can procure Conduent’s services through ValuePoint, including Medicaid claims processing, financial management, and solutions for customer service and reporting of federal data.NASPO ValuePoint, the contracting arm of the National Association of State Procurement Officials, facilitates agencies’ solicitations and coordinates open competitions for contracts, enabling states to lower administrative costs and share resources. NASPO is a non-profit...

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Fixing of interest rate trigger

To Nasdaq Copenhagen A/S                                                          16th February 2021                                                                                                                                                 Announcement no. 17/2021Fixing of interest rate triggerJyske Realkredit has finished the bond sales connected to the refinancing of adjustable rate mortgage (ARM) loans with annual refinancing on 1 April 2021.The level of interest rate, which would trigger a maturity extension at next year’s refinancing, is now fixed.ISIN DK0009404105                Interest rate trigger is fixed at 4.56% ISIN DK0009398117                Interest rate trigger is fixed at 4.64%Questions may be addressed to Anders Lund Hansen, Head of Mortgage ALM, tel. (+45) 89 89 92 20 or Christian Bech-Ravn, Head of Investor Relations,...

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Fastsættelse af rentetrigger

Til Nasdaq Copenhagen A/S                                                                                       16. februar 2021                                                                                                                                                 Meddelelse nr. 17/2021Fastsættelse af rentetriggerJyske Realkredit har afsluttet salget af obligationer i forbindelse med refinansieringen af rentetilpasningslån med årlig rentetilpasning pr. 1. april 2021.Niveauet for rentetriggeren, der i henhold til § 6 i Lov om realkreditlån og realkreditobligationer mv. kan udløse forlængelse af løbetiden ved næste års refinansiering, er herefter fastsat.ISIN DK0009404105                Rentetriggeren er fastsat til 4,56%  ISIN DK0009398117                Rentetriggeren er fastsat til 4,64%Eventuel henvendelse kan rettes til afdelingsdirektør...

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Staffing 360 Solutions Improves Balance Sheet, Reduces Debt by 55%, Anticipates Reporting Increased Fourth Quarter Revenue

NEW YORK, Feb. 16, 2021 (GLOBE NEWSWIRE) — Staffing 360 Solutions, Inc. (NASDAQ: STAF), a staffing company executing an international buy-integrate-build strategy through the acquisition of staffing organizations in the United States and the United Kingdom, today discussed its improved balance sheet and previewed fourth quarter revenue for the year ended December 31, 2020.Improved Balance SheetAs previously announced on February 12, 2021, the Company raised approx. $19.7 million (approx. $18 million net) in a public offering of 21,855,280 shares of its common stock at a price of $0.90 per share.Staffing 360 Solutions used 75% of the net proceeds (approx. $13.5 million) to pay down a portion of its outstanding note due September 30, 2022, and 25% of the net proceeds (approx. $4.5 million) to redeem a portion of its Series E Preferred...

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