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Day: May 21, 2021

Mountain Crest Acquisition Corp. III Announces Closing of $50 Million Initial Public Offering

NEW YORK, May 20, 2021 (GLOBE NEWSWIRE) — Mountain Crest Acquisition Corp. III (NASDAQ: MCAEU, the “Company”) announced today that it closed its initial public offering of 5,000,000 units at $10.00 per unit. Each unit consists of one share of common stock and one right to receive one-tenth of one share of common stock upon the consummation of an initial business combination. The units are listed on The NASDAQ Capital Market (“NASDAQ”) and began trading under the ticker symbol “MCAEU” on May 18, 2021. Once the securities comprising the units begin separate trading, the common stock and rights are expected to be listed on NASDAQ under the symbols “MCAE,” and “MCAER,” respectively. The underwriters have been granted a 45-day option to purchase up to an additional 750,000 units offered by the Company to cover over-allotments, if any. Chardan...

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Grand Caribbean Marinas acquires Villa Marina in Puerto Rico

SAN JUAN, Puerto Rico, May 20, 2021 (GLOBE NEWSWIRE) — With this purchase, Grand Caribbean Marinas, part of the Bacalia Group, will control more than 2,200 slips (wet slips and dry storage) and consolidates its position among the five top marina Owners and Operators with the most slips in the United States. The president and founder of Bacalia Group, the Italian businessman Giuseppe Cicatelli, comments that this operation is of great importance for the holding, because “We have been operating for several years with the Group in Puerto Rico and we have always believed that it would be natural to continue within our strategy expansion as a regional consolidator. As a result of acquiring and consolidating new assets at the State level, we have achieved importance at the US federal level in an industry that we consider very promising,...

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Alcanna Inc. Announces Final Results of Substantial Issuer Bid

EDMONTON, Alberta, May 20, 2021 (GLOBE NEWSWIRE) — Alcanna Inc. (“Alcanna” or the “Company“) (TSX: CLIQ) announced today the final results of its substantial issuer bid to purchase from the holders of the common shares of the Company (the “Common Shares“) up to $30 million of Common Shares (the “Offer“). The Offer expired at 5:00 p.m. (Toronto time) on May 12, 2021. Based on the final count by AST Trust Company (Canada), as depositary for the Offer (the “Depositary“), the Company has taken up and paid for 3,846,150 Common Shares at an aggregate purchase price of $29,999,970, or $7.80 per Common Share, excluding fees and expenses relating to the Offer. The “specified amount” for the purposes of subsection 191(4) of the Income Tax Act (Canada) in respect of each...

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Eos Energy to Participate in Upcoming Investor Conferences

EDISON, N.J., May 20, 2021 (GLOBE NEWSWIRE) — Eos Energy Enterprises, Inc. (NASDAQ: EOSE) (“Eos”), a leading provider of safe, scalable, efficient, and sustainable zinc-based energy storage systems, today announced Joe Mastrangelo, Chief Executive Officer, and Sagar Kurada, Chief Financial Officer, will participate in the following investor conferences:The Bank of America Securities Clean Energy Conference on May 27-28, 2021. The presentation will commence at approximately 10:00 a.m. Eastern Time on May 27, 2021.The Cowen Sustainability & Energy Transition Summit on Wednesday, June 9, 2021. The presentation will commence at approximately 12:30 p.m. Eastern Time.The Tudor Pickering Holt Hotter N’ Hell Conference on Thursday, June 10, 2021.A live webcast and replay of the presentations will be available...

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Firm Capital Property Trust Announces Strong Start to 2021 With $7.83/Unit Net Asset Value and Realized Gains From Centre Ice Retail Portfolio Dispositions

TORONTO, May 20, 2021 (GLOBE NEWSWIRE) — Firm Capital Property Trust (“FCPT” or the “Trust”), (TSXV: FCD.UN) is pleased to report its financial results for the period ended March 31, 2021. PROPERTY PORTFOLIO HIGHLIGHTS The portfolio consists of 72 commercial properties with a total gross leasable area (“GLA”) of 2,313,389 square feet, two multi-residential complexes comprised of 204 units and one Manufactured Home Community comprised of 181 units. The portfolio is well diversified and defensive in terms of geographies and property asset types, with 60% of NOI comprised of grocery anchored retail followed by industrial at 21% of NOI. TENANT DIVERSIFICATION The portfolio is well diversified by tenant profile with no tenant currently accounting for more than 11.7% of total net rent. Further, the top 10 tenants are comprised of large...

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