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Day: May 11, 2021

EXMceuticals Inc is Pleased to Announce the Signing of the Definitive Business Combination Agreement with Global Cannabinoids and Launch of its up-to $6,000,000 CAD Private Placement

NOT FOR DISTRIBUTION IN THE UNITED STATES OR TO U.S. NEWSWIRE SERVICES VANCOUVER, British Columbia, May 11, 2021 (GLOBE NEWSWIRE) — EXMceuticals Inc. (CSE: EXM) (FSE: A2PAW2) (the “Company” or “EXM”), an emerging bio-sciences company specializing in the production of unique cannabinoid formulations, is very pleased to announce: (i) the signing of the definitive business combination agreement (the “Merger”) with Global Cannabinoids (“GC”), a leading B2B US distributor of bulk and wholesale hemp derived cannabinoids and finished products; and (ii) a best-efforts, private placement (the “Private Placement”) of up to C$6.0 million (collectively, the “Transaction”). This Business Combination fueled by new capital will create a company (the “Combined Company”) in the fast-growing business segment of...

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Transom Capital-Backed SemiTorr Acquires McKenna Engineering & Equipment Co., Inc.

LOS ANGELES, May 11, 2021 (GLOBE NEWSWIRE) — Transom Capital Group-backed SemiTorr (www.semitorrinc.com) today announced that it has acquired McKenna Engineering & Equipment Co., Inc. (“McKenna”) (https://mckennaengineering.com), which serves industrial and food & beverage customers throughout California and Nevada. This is SemiTorr’s third add-on acquisition since being acquired by Transom Capital Group, a leading operations-focused middle market private equity firm, in December 2018. James Oh, Partner at Transom, said, “We are excited about the continued organic growth of SemiTorr as well as executing on our inorganic strategy. Partnering McKenna with SemiTorr provides attractive opportunities for both suppliers and customers in the market. We look forward to continuing the growth of the McKenna business via its new...

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TELUS investing $14.5 billion across Alberta through 2024

Expanding the advanced TELUS PureFibre network to 530,000 more residences and businesses in rural and remote communities Deploying 5G to 136 more communities this year Supporting local grassroots charities with financial donations and volunteer hours Creating 8,000 job opportunities for Albertans EDMONTON, Alberta, May 11, 2021 (GLOBE NEWSWIRE) — To complement the $51 billion TELUS has invested in Alberta since 2000, TELUS announced today it is investing an additional $14.5 billion in infrastructure and operations across Alberta through 2024 to further support the province throughout the Covid-19 pandemic and subsequent economic recovery. These investments will create important and tangible social outcomes for us all by enabling Albertans to work, learn, access healthcare, and socialize from home during these unprecedented times....

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Combined General Shareholders’ Meeting of May 26, 2021: Availability of preliminary documents

COMBINED GENERAL SHAREHOLDERS’ MEETING OF MAY 26, 2021 Availability of preliminary documents Vélizy-Villacoublay, May 11, 2020 – Dassault Systèmes (Euronext Paris: #13065, DSY.PA) informs its shareholders that its Combined Shareholders’ Meeting will be held in camera on Wednesday, May 26, 2021 at 3 pm at Dassault Systèmes’ headquarters, 10 rue Marcel Dassault – 78140 Vélizy-Villacoublay. The preliminary notification stating the agenda and the draft resolutions was published in the Bulletin des Annonces Légales Obligatoires (BALO) on April 16, 2021, and is available on Dassault Systèmes’ website at the following address: https://investor.3ds.com/shareholders-meeting/home. The convening notice stating the agenda is published on May 10, 2021 in the BALO and will be made available at the foregoing address. Documents and information relating...

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CBMJ to Acquire the Assets of USA Depot, Inc. and Patriot Depot; Combined Companies Expected to Double Annual Sales Past $7.0M

Powder Springs, GA, May 11, 2021 (GLOBE NEWSWIRE) — via NewMediaWire — CBMJ Inc., Conservative Broadcast Media & Journalism (CBMJ), today announced the signing of a Letter of Intent to acquire 100% of the assets of USA Depot, Inc. and its wholly owned subsidiary Patriot Depot.  The acquisition, targeted to close between 5-31-21 and 6-15-21, will enable the company to double the size of its annual revenue to approximately $7M.  Patriot Depot is an online retailer that distributes and sells Conservative and Christian themed supplies, apparel, pins, flags, patriotic gifts, glasses, novelties, books, DVDs and more.   The consideration paid to USA Depot Inc. is the issuance of 40M shares of Restricted Common stock in an all-stock deal.  At closing Floyd Brown, Chairman of USA Depot, Inc. will join CEO Mark Schaftlein and...

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Montauk Renewables, Inc. Expands Agricultural Waste Segment Through Technology Acquisition

PITTSBURGH, May 11, 2021 (GLOBE NEWSWIRE) — Montauk Renewables, Inc. (Montauk) (NASDAQ: MNTK) announces the acquisition of privately-held NR3, LLC, (NR3) a pioneering environmental technology and renewable energy company, based in Greensboro, NC, that specializes in the recovery, refining, and recycling of natural resources from the waste streams of modern agriculture.  Montauk, historically focused on the environmental compliance and recovery of methane from landfills, commissioned its first agriculture waste-to-energy cluster project in August 2020. The Company believes the NR3 acquisition could be transformative in expanding its focus on decarbonization projects and the remediation of environmental and social issues surrounding industrial agriculture in underserved communities. As a result of the acquisition, Montauk will look...

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Contango Announces Schedule for First Quarter 2021 Earnings Release and Conference Call

FORT WORTH, Texas, May 11, 2021 (GLOBE NEWSWIRE) — Contango Oil & Gas Company (NYSE American: MCF) (“Contango” or the “Company”) announced today that it plans to issue its first quarter 2021 earnings release before market open on Thursday, May 13, 2021. In conjunction with the release, Contango will conduct a conference call to discuss the contents of that release on Thursday, May 13, 2021 at 8:00 am Central Daylight Time. Teleconference Call Those interested in participating in the earnings conference call may do so by clicking here to join and entering your information to be connected. The link becomes active 15 minutes prior to the scheduled start time, and the conference coordinator will call you. If you are not at a computer, you can join by dialing 800-309-1256, (International 1-323-347-3622) and entering participation...

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AzurRx BioPharma to Present at the Emerging Growth Conference (May 12)

DELRAY BEACH, Fla., May 11, 2021 (GLOBE NEWSWIRE) — AzurRx BioPharma, Inc. (NASDAQ: AZRX), (“AzurRx” or the “Company”), a clinical stage biopharmaceutical company specializing in the development of targeted, non-systemic therapies for gastrointestinal (GI) diseases, today announced that the Company will make a virtual presentation at the Emerging Growth Conference taking place on Wednesday, May 12th, 2021. During their live virtual presentation at 10:30 a.m. EDT, members of AzurRx’s management team will provide an overview of AzurRx’s business and clinical development programs and discuss anticipated 2021 and early 2022 milestones. Details of the presentation are as follows:Event:   Emerging Growth ConferenceDate:    Wednesday, May 12, 2021Time:   10:30 a.m., Eastern TimeRegistration:  https://goto.webcasts.com/starthere.jsp?ei=1460582&tp_key=3d7db8edcf&sti=azrx If...

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AMMO, Inc. Issues Updated Guidance for Fiscal Year 2022 to $190 Million, Reflecting the Addition of GunBroker.com

–  Fiscal Year 2022 Adjusted EBITDA Expected to be in Excess of $65 Million SCOTTSDALE, AZ, May 11, 2021 (GLOBE NEWSWIRE) — AMMO, Inc. (Nasdaq: POWW) (“AMMO” or the “Company”), a premier American ammunition and munition components manufacturer and technology leader, is pleased to provide updated 2022 Fiscal Year revenue guidance for its fiscal year ending March 31, 2022 of $190 million following the successful closing of the GunBroker.com transaction. In addition to the forecasted 206% growth in revenue, the Company projects Adjusted EBITDA to surpass $65 million. “With the closing of the GunBroker.com transaction, we believed it important to provide the market and our shareholders updated guidance and most importantly, confirm we anticipate achieving positive net income for the first time in fiscal year 2022,” said Fred...

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CSP Inc. Reports Fiscal 2021 Second Quarter Results; Sixth Consecutive Quarter of Year-Over-Year Gross Margin Improvement

Proactive Customer Engagement and Maintenance of Organizational Infrastructure During Pandemic Leads to Emerging Revenue Opportunities and Increased Profitability LOWELL, Mass., May 11, 2021 (GLOBE NEWSWIRE) — CSP Inc. (NASDAQ: CSPI), an award-winning provider of security and packet capture products, managed IT and professional services and technology solutions, reported financial and operating results for the fiscal 2021 second quarter and provided a business update. Second Quarter Operating Highlights and Recent AchievementsContinued positive impact of a favorable revenue mix led to a gross margin improvement of 4.0 percentage points compared to the year-ago fiscal second quarter. Two leading manufacturing organizations commence implementation of cyber security solutions in multiple facilities. ARIA ADR receives purchase orders...

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