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Day: May 17, 2021

Superior Group of Companies Announces 20% Increase in Regular Quarterly Cash Dividend

SEMINOLE, Fla., May 17, 2021 (GLOBE NEWSWIRE) — The Board of Directors of Superior Group of Companies, Inc. (NASDAQ: SGC) announced that the Board of Directors declared a quarterly dividend of $0.12 per share, payable June 11, 2021, to shareholders of record as of May 28, 2021. Michael Benstock, Chief Executive Officer, commented, “We are very pleased to raise our dividend by 20% as a result of the significant increases in our operating results over the last year and our continued confidence for the future.” About Superior Group of Companies, Inc. (SGC): Superior Group of Companies™ formerly Superior Uniform Group, established in 1920, is a combination of companies that help our customers unlock the power of their brands by creating extraordinary brand engagement experiences for their employees and customers. We provide customized...

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Doré Copper Intersects 5.5 Meters at 3.46% Copper and 0.25 g/t Gold at Corner Bay – Extending Deposit Along Strike by 200 Metres

Long section view of the Corner Bay Main Vein below the dyke (blue horizontal line indicates vertical depth of 880 meters).Long section view of the Corner Bay Main Vein below the dyke (blue horizontal line indicates vertical depth of 880 meters).Isometric view of the entire Corner Bay deposit. The red zones are the mineral resources defined in the 2019 NI 43-101 Technical Report. The diorite dyke bisects the deposit – Main Vein above the dyke and Main Vein below the dyke.Isometric view of the entire Corner Bay deposit. The red zones are the mineral resources defined in the 2019 NI 43-101 Technical Report. The diorite dyke bisects the deposit – Main Vein above the dyke and Main Vein below the dyke.Geology map of the Corner Bay deposit with projections to surface of the mineral resources defined in...

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International Land Alliance Appoints Frank Ingrande as President

Real Estate Veteran Joins Company Following Acquisition of Minority Interest in Rancho Costa Verde Development SAN DIEGO, CALIFORNIA, May 17, 2021 (GLOBE NEWSWIRE) — International Land Alliance, Inc. (OTCQB:ILAL), (“ILA” or the “Company”), an international land investment and development firm, has appointed Frank Ingrande as President. Mr. Ingrande joins the Company from Rancho Costa Verde Development, LLC (“RCV”), a profitable developer of a 1,100-acre, 1,200-lot master planned community in Baja California. Concurrent with Mr. Ingrande’s appointment, the Company closed a 25% interest investment in RCV, which is located roughly 8 km north of ILA’s Oasis Park Resort, in a combination of cash and stock for a total of $4,000,000. “I am pleased to announce the appointment of Frank to our senior management team,” said Roberto Valdes,...

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Galaxy Gaming Reports Q1 2021 and Financial Results

LAS VEGAS, May 17, 2021 (GLOBE NEWSWIRE) — Galaxy Gaming, Inc. (OTCQB: GLXZ), a developer and distributor of casino table games and enhanced systems for land-based casinos and iGaming operators, announced today its financial results for the quarter ended March 31, 2021. Financial Highlights Q1 2021 vs. Q1 2020Revenue decreased 4.7% to $4,283K Adjusted EBITDA increased 12.8% to $1,692K1 Net income of $89K vs. net income of $117KBalance Sheet Changes (vs. December 31, 2020) Cash increased 1.5% to $6,081K Total long-term liabilities (gross) decreased $569K to $51,483K Stockholders’ deficit decreased to $(24,460)K Executive Comments “The COVID pandemic continued to affect our business in Q1,” stated Todd Cravens, Galaxy’s President and CEO. “Casinos in the UK, our largest brick-and-mortar market, were shuttered for the entire quarter,...

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JJ Ruest, President and Chief Executive Officer and Sean Finn, Executive Vice-President, Corporate Services and Chief Legal Officer to Address the BofA Securities Virtual Transportation, Airlines and Industrials Conference on May 19

MONTREAL, May 17, 2021 (GLOBE NEWSWIRE) — JJ Ruest, President and Chief Executive Officer and Sean Finn, Executive Vice-President, Corporate Services and Chief Legal Officer of CN (TSX: CNR) (NYSE: CNI), will address the BofA Securities Virtual Transportation, Airlines and Industrials Conference on May 19, 2021 at 10:40 a.m. Eastern Time (ET). CN will provide a live audio webcast via the Investors section of its website at www.cn.ca/investors. A replay of the webcast will be available following the event. About CNCN is a world-class transportation leader and trade-enabler. Essential to the economy, to the customers, and to the communities it serves, CN safely transports more than 300 million tons of natural resources, manufactured products, and finished goods throughout North America every year. As the only railroad connecting...

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Intertape Polymer Group Announces Intention to Offer $350 Million of Senior Unsecured Notes

MONTREAL and SARASOTA, Fla., May 17, 2021 (GLOBE NEWSWIRE) — Intertape Polymer Group Inc. (TSX:ITP) (“IPG” or “the Company”) announced today its intention to offer $350 million of senior unsecured notes due in 2029 (the “Offering”), subject to market conditions. The Company intends to use the net proceeds from the Offering to redeem its currently outstanding $250,000,000 7.00% senior unsecured notes which are scheduled to mature on October 15, 2026 (the “Existing Notes”), to repay a portion of the borrowings outstanding under its existing five-year, $600.0 million credit facility and to pay related fees and expenses, as well as for general corporate purposes. The Offering will be made only by means of an offering memorandum, copies of which may be obtained from the Company. The Offering would be effected...

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Euronet Worldwide’s division, epay, becomes global partner for value-added digital services of fintech Revolut

Thanks to an integration of its well-known gift card and prepaid portfolio, epay supports Revolut – a fintech app currently boasting 15 million customers worldwide – in its global expansion into 36 countries and opens up a new digital and mobile sales channel for its brand partner network. LEAWOOD, Kan., May 17, 2021 (GLOBE NEWSWIRE) — epay, a business segment of Euronet Worldwide, Inc. (NASDAQ:EEFT), is now the global partner for digital gift card and prepaid products for the UK’s leading fintech app, Revolut. The new partnership between Revolut and the full-service payment provider epay will span across 36 countries via an API integration into Revolut’s three apps (Consumer, Business and Junior). Launching in April 2021, epay began providing Revolut customers across these countries with access to an abundance of well-known...

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Castor Maritime Inc. Announces New Vessel Acquisitions and the Delivery of the M/V Magic Vela

LIMASSOL, Cyprus, May 17, 2021 (GLOBE NEWSWIRE) — Castor Maritime Inc. (NASDAQ: CTRM), (“Castor”, or the “Company”), a diversified global shipping company, announces that it entered, through two separate wholly-owned subsidiaries, into agreements to acquire a 2013 Japanese-built and a 2014 Korean-built Panamax dry bulk carrier from unaffiliated third-parties for a purchase price of $19.06 and $21.0 million respectively. The acquisitions are expected to be consummated by taking delivery of the vessels within the third and fourth quarter of this year and are subject to the satisfaction of certain customary closing conditions. The 2013 Japanese-built dry bulk carrier will be delivered to the Company with a time charter contract attached with a reputable charterer, at a daily gross charter rate of $11,650 and with an estimated remaining...

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Verizon Media and Condé Nast partner across content and advertising

New partnership pairs Condé Nast’s iconic brands with Yahoo innovation and reach NEW YORK, May 17, 2021 (GLOBE NEWSWIRE) — Verizon Media and Condé Nast today announced an expansion of their partnership to build the next generation of content and advertising experiences for consumers and advertisers. Pairing Condé Nast’s iconic brands with Verizon Media’s unparalleled technology and reach, the partnership unlocks new content distribution opportunities and increased access to Condé Nast’s premium inventory. In addition, the companies will collaborate to create immersive content, advertising, and commerce experiences. The announcement builds on Verizon Media and Condé Nast’s work together, which extends the reach of premium digital video programming from brands like Vogue, Allure, Glamour, GQ, Vanity Fair and others across highly...

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Turning Point Therapeutics Names Kumar Srinivasan as Executive Vice President, Chief Business Officer

SAN DIEGO, May 17, 2021 (GLOBE NEWSWIRE) — Turning Point Therapeutics, Inc. (NASDAQ: TPTX), a precision oncology company developing next-generation therapies that target genetic drivers of cancer, today announced the appointment of Kumar Srinivasan, Ph.D., MBA, as executive vice president and chief business officer, effective June 1. Dr. Srinivasan has over 20 years of experience in pharmaceutical and biotechnology companies, most recently as vice president and global head of business development for the BioPharmaceutical business unit of AstraZeneca. “As we advance now four clinical stage drug candidates and enhance our pipeline for the future, Kumar brings deep expertise to help guide our corporate strategy and business development priorities,” said Athena Countouriotis, M.D., president and CEO. “We look forward to having Kumar...

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