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Day: June 11, 2021

Noront Resources Closes Private Placement Financing

TORONTO, June 11, 2021 (GLOBE NEWSWIRE) — Noront Resources Ltd. (TSXV: NOT) (“Noront” or the “Company“) has completed its previously-announced private placement financing (the “Private Placement“) of 21,659,385 common shares of the Company (“Common Shares“) at a price of $0.283 per Common Share (the “Issue Price“) for gross proceeds of approximately $6.1 million, excluding the Wyloo Top-Up Shares (as defined below). In connection with the Private Placement, Wyloo Canada Holdings Pty Ltd. (“Wyloo Canada“) exercised its top-up right to maintain its pro rata equity interest in the Company (the “Wyloo Top-Up“) by subscribing for an additional 12,744,363 Common Shares at the Issue Price (the “Wyloo Top-Up Shares“) for additional gross proceeds...

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FDCTech partners and integrates award-winning SkaleCRM software with Condor FX Trading Platform

SkaleCRM is a leading and award–winning third-party customer revenue management (CRM) solution for FX Brokerages. Skale provides business solutions to over 90 plus FX Brokers worldwide. Irvine, CA, June 11, 2021 (GLOBE NEWSWIRE) — FDCTech, Inc. (“FDC” or the “Company,” OTCQB: FDCT), a fintech company with a full suite of digital financial services solutions, today announced that it has partnered and successfully integrated SkaleCRM with Condor FX Pro Trading Platform. The Skale CRM is powered by Fintech Solutions Limited (“Fintech Solutions”) based in Herzliya, Israel. Fintech Solutions provides software solutions, inter-alia, development, design, and web solutions for retail FX brokerages and provides back-office solutions and CRM integration with third-party trading technologies such as the Condor...

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NSAV Approves Enhanced 10 Year Anti-Reverse Split Amendment to Articles of Incorporation

London, England, June 11, 2021 (GLOBE NEWSWIRE) — Net Savings Link, Inc. (OTC Pink: NSAV), a cryptocurrency, blockchain and digital asset technology company, today announced that the Company has approved an enhanced amendment to its Articles of Incorporation, which would prevent NSAV from enacting a reverse stock split for a period of 10 years. The amended articles will be filed with the state of Colorado next week. The Company believes this amendment should finally put an end to all rumors that NSAV will reverse split its shares. James Tilton, president of NSAV stated, “Since I took over NSAV more than five years ago, I have stated publicly countless times, that I would never reverse split our shares and I haven’t. With this enhanced amendment, all of our loyal current and future shareholders can put their minds at ease that NSAV...

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Iconix Enters into Definitive Agreement to be Acquired in “Go Private” Transaction

NEW YORK, June 11, 2021 (GLOBE NEWSWIRE) — Iconix Brand Group, Inc. (Nasdaq: ICON) (“Iconix” or the “Company”) today announced it has entered into a definitive agreement and plan of merger to be acquired by Iconix Acquisition Corp., an affiliate of Lancer Capital, LLC (“Purchaser”), in an all-cash transaction that values Iconix at approximately $585 million, including net-debt. “Today’s announcement represents the culmination of a year-long examination by our Board of Directors of strategic alternatives for the Company,” said Bob Galvin, Chief Executive Officer. “After a thorough and deliberative examination of all potential strategic alternatives, the Board of Directors determined that the transaction with Lancer provides the best value for our stockholders. We expect that Iconix will continue developing its brands and supporting...

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Novo Announces Supplemental Listing of Additional Warrants

Not for Distribution to United States Newswire Services or for dissemination in the United States VANCOUVER, British Columbia, June 11, 2021 (GLOBE NEWSWIRE) — Novo Resources Corp. (“Novo” or the “Company”) (TSX: NVO & NVO.WT) is pleased to announce that the Toronto Stock Exchange (the “TSX”) has accepted for listing 5,176,500 common share purchase warrants of the Company (the “2021 Warrants”). The TSX has advised that the 2021 Warrants (CUSIP: 67010B144) will be listed for trading on the TSX under the symbol “NVO.WT.A” effective at market open on Monday, June 14, 2021. Each 2021 Warrant is exercisable for one common share of the Company at an exercise price of C$3.00 until May 4, 2024. The Company currently has 8,596,184 common share purchase warrants (the “2020 Warrants”) listed for trading on the TSX under the symbol “NVO.WT”...

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Aphex BioCleanse Systems Acquires BioFoam™ Business and Patented Cleaning Technology; Appoints BioFoam™ Founder and Inventor, Scott Smith, as Chief Sustainability Officer

PITTSFORD, N.Y., June 11, 2021 (GLOBE NEWSWIRE) — via NewMediaWire — Aphex BioCleanse Systems, Inc. (OTCPK: SNST) (“Aphex” or “the Company”), a sanitization solutions company focused on the development and distribution of non-toxic and water-based sanitization and disinfection products, trademarked as Hy-IQ® Water, announced today that it has acquired the business of BioFoam™ and a patented, Open-Cell Foam technology that offers advanced cleaning properties without compromising on sustainability. The acquisition bolsters the company’s product portfolio along with the built-in, BioFoam™ customer base. Aphex has also appointed Scott Smith, the inventor of BioFoam™, as the Company’s Chief Sustainability Officer. The acquisition is one of the first of its size for the company and aligns with its vision...

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Listing Prospectus for Suominen Corporation’s EUR 50 million bond available; listing application submitted

Suominen Corporation’s Stock Exchange Release on June 11, 2021 at 4:00 p.m. (EEST) NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA, HONG KONG, JAPAN, NEW ZEALAND, SINGAPORE OR SOUTH AFRICA OR ANY OTHER JURISDICTION IN WHICH THE RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL. Suominen Corporation announced its decision to issue a senior unsecured bond of EUR 50 million on June 4, 2021. The bond will mature on June 11, 2027 and carry a fixed interest at the rate of 1.5 per cent per annum. The Finnish Financial Supervisory Authority has today approved the listing prospectus of the bond. The prospectus will be available in English on the company’s website at https://www.suominen.fi/en/investors/key-figures/debt-information/. Suominen Corporation...

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StoneCastle Financial Corp. Announces Cash Distribution of $0.38 Per Share For Second Quarter 2021

DENVER, June 11, 2021 (GLOBE NEWSWIRE) — StoneCastle Financial Corp. (Nasdaq: BANX) (“StoneCastle Financial” or the “Company”), an SEC registered closed-end management investment company, today announced that its Board of Directors has declared a cash distribution of $0.38 per share for the second quarter 2021. The distribution will be payable on June 28, 2021 to shareholders of record on June 21, 2021. Disclosures A portion of the Company’s distributions may, from time to time, include sources other than net investment income, including a return of capital. Investors should understand that a return of capital is not a distribution from income or gains of a Company. As required under the Investment Company Act of 1940, as amended, a notice with the estimated components of the distribution will be sent to...

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Hawaii Water Service to Acquire HOH Utilities Company

Acquisition Expands Utility’s Footprint onto Island of Kauai WAIKOLOA, Hawaii, June 11, 2021 (GLOBE NEWSWIRE) — Hawaii Water Service (Hawaii Water), a subsidiary of California Water Service Group (NYSE: CWT), announced today that it has signed an agreement to acquire the assets of HOH Utilities Company, a wastewater utility located in the growing Poipu/Koloa area of Kauai County on the island of Kauai. The acquisition is subject to satisfaction of customary closing conditions, including approval by the Hawaii Public Utilities Commission (HPUC). As part of the purchase from Mr. Ian Kagimoto, Hawaii Water will own and manage the wastewater utility, which currently serves almost 1,800 residential, commercial, and resort customers in Poipu and Koloa, including three hotels, condominiums, multi-family housing, a golf course, and single-family...

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Genco Shipping & Trading Limited to Jointly Study Ammonia as an Alternative Marine Fuel

NEW YORK, June 11, 2021 (GLOBE NEWSWIRE) — Genco Shipping & Trading Limited (NYSE:GNK) (“Genco” or the “Company”), today announced that it has entered into an initial framework to jointly study the feasibility of ammonia as an alternative marine fuel as part of the objective to decarbonize the global shipping industry in-line with the targets established by the International Maritime Organization (“IMO”). Including Genco, a total of 23 companies to date have elected to participate in the study ranging from miners, shipbuilders, shipowners, class societies and power utility companies among others. The IMO adopted a strategy for the reduction of greenhouse gas (“GHG”) emissions within the maritime industry which established targets to reduce CO2 emissions per transport work, as an average across international shipping, by at...

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