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Day: August 5, 2021

Star Bulk Carriers Corp. Reports Net Profit of $124.2 Million for the Second Quarter of 2021; Declares Quarterly Dividend of $0.70 per Share and Announces Share Repurchase Program of Up to $50.0 Million

ATHENS, Greece, Aug. 05, 2021 (GLOBE NEWSWIRE) — Star Bulk Carriers Corp. (the “Company” or “Star Bulk”) (Nasdaq: SBLK), a global shipping company focusing on the transportation of dry bulk cargoes, today announced its unaudited financial and operating results for the second quarter of 2021. Unless otherwise indicated or unless the context requires otherwise, all references in this press release to “we,” “us,” “our,” or similar references, mean Star Bulk Carriers Corp. and, where applicable, its consolidated subsidiaries. Financial Highlights(Expressed in thousands of U.S. dollars, Second quarter Second quarter Six months ended Six months endedexcept for daily rates and per share data) 2021 2020 June 30, 2021 June 30, 2020Voyage Revenues $311,411 $146,134 $511,878 $306,996Net...

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Translate Bio Announces Second Quarter 2021 Financial Results and Provides Corporate Update

— Entered into a definitive agreement under which Sanofi will acquire, subject to customary conditions to closing, all outstanding shares of Translate Bio with a goal of advancing deployment of mRNA technology across vaccines and therapeutics development — — Advanced mRNA infectious disease vaccine programs, including Sanofi Pasteur initiation of influenza clinical trial; clinical trial results from two mRNA vaccines anticipated this year — — Continued progress in development of mRNA therapeutics for pulmonary diseases including preclinical next-generation cystic fibrosis (CF) and primary ciliary dyskinesia (PCD) programs — LEXINGTON, Mass., Aug. 05, 2021 (GLOBE NEWSWIRE) — Translate Bio (Nasdaq: TBIO), a clinical-stage messenger RNA (mRNA) therapeutics company developing a new class of potentially...

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RAK Petroleum plc Releases Half-Year Financial Report for the Period Ended 30 June 2021

United Kingdom, 6 August 2021 RAK Petroleum plc, the Oslo-listed oil and gas investment company, today released its Half-Year Financial Report for the period ended 30 June 2021.  A copy is attached and is available at http://www.rakpetroleum.uk/Investor-relations/Reports-and-presentations/Financial-reporting/Annual-reports. For further queries, please contact: Kevin TonerManaging DirectorRAK Petroleum plcEmail: kevin.toner@rakpetroleum.uk About RAK Petroleum plc RAK Petroleum plc is an Oslo Stock Exchange listed oil and gas investment company established under the laws of England and Wales as a public limited company. Its principal holdings are 44.94 percent of DNO ASA and 33.33 percent of Foxtrot International LDC held through Mondoil Enterprises, LLC.  DNO ASA is a Norwegian oil and gas operator focused on the Middle East and the North...

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Federal Court of Appeal overturns Tax Court of Canada decision

VANCOUVER, British Columbia, Aug. 05, 2021 (GLOBE NEWSWIRE) — Deans Knight Income Corporation (the “Company”) announces that the Federal Court of Appeal has overturned the decision of the Tax Court of Canada dated April 5, 2019, and confirmed the Canada Revenue Agency’s reassessments. The result is that the deduction of the Company’s tax attributes in its 2009 to 2012 taxation years have been denied on the basis of the General Anti-Avoidance Rule in the Income Tax Act (Canada). The Company’s consequential tax liability for the 2009 to 2012 taxation years is approximately $22.7 million, including arrears interest and penalties. In order to limit additional interest and penalties from accruing during the litigation process, the Company prepaid all amounts owing under the reassessments to the CRA in 2014. The...

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Tucows Reports Financial Results for Second Quarter 2021

TORONTO, Aug. 05, 2021 (GLOBE NEWSWIRE) — Tucows Inc. (NASDAQ:TCX, TSX:TC), a provider of Fiber Internet Services, Mobile Services, Domain Name Services and other Internet services, today reported its financial results for the second quarter ended June 30, 2021. All figures are in U.S. dollars. COVID-19:   Tucows shareholders and prospective investors are encouraged to read Tucows’ public statement regarding COVID-19, which is available here: https://bit.ly/2LavpOc. Note on the Financial Impact of Tucows’ Sale of Ting Mobile Customer Relationships and Transition to Mobile Services Enabler Platform: As previously announced, effective August 1, 2020 most of Tucows’ mobile customers relationships were sold to DISH Networks (“DISH”) as part of Tucows’ transition of its mobile business to a Mobile Services Enabler (MSE) model from a...

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TARONIS FUELS ANNOUNCES SALE OF $2.5 MILLION OF CONVERTIBLE NOTES

The notes convert into common stock at $7 per share Taronis Fuels also provides update regarding restatement and public reporting _____________________________________________________________________________________________ Peoria, AZ, Aug. 05, 2021 (GLOBE NEWSWIRE) — Taronis Fuels, Inc. (“Taronis” or the “Company”) (OTC Pink:TRNF), a US industrial gas distributor and producer of renewable and socially responsible products, today announced the sale of $2.5 million of convertible notes to an institutional investor. The notes, which carry a 1% annual interest rate and mature in August 2028, are convertible into shares of the Company’s common stock at $7 per share at the option of the holder. Kevin Foti, President and CEO of Taronis commented, “While we were not seeking to raise additional capital, we could not pass up the opportunity...

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BellRing Brands Reports Results for the Third Quarter of Fiscal Year 2021; Raises Fiscal Year 2021 Outlook

ST. LOUIS, Aug. 05, 2021 (GLOBE NEWSWIRE) — BellRing Brands, Inc. (NYSE:BRBR) (“BellRing”), a holding company operating in the global convenient nutrition category, today reported results for the third fiscal quarter ended June 30, 2021. Highlights:Net sales of $342.6 million Operating profit of $51.5 million; net earnings available to Class A common stockholders of $9.5 million; Adjusted net earnings available to Class A common stockholders of $11.8 million and Adjusted EBITDA of $70.5 million  Raised fiscal year 2021 net sales guidance to $1.25-$1.28 billion and Adjusted EBITDA (non-GAAP) guidance to $230-$236 millionThird Quarter Operating Results Net sales were $342.6 million, an increase of 67.8%, or $138.4 million, compared to the prior year period. Premier Protein net sales increased 64.9%, with volumes up 60.0%, and...

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Constellation Software Inc. Announces Results for the Second Quarter Ended June 30, 2021 and Declares Quarterly Dividend

TORONTO, Aug. 05, 2021 (GLOBE NEWSWIRE) — Constellation Software Inc. (TSX:CSU) (“Constellation” or the “Company”) today announced its financial results for the second quarter ended June 30, 2021 and declared a $1.00 per share dividend payable on October 8, 2021 to all common shareholders of record at close of business on September 17, 2021. This dividend has been designated as an eligible dividend for the purposes of the Income Tax Act (Canada). Please note that all dollar amounts referred to in this press release are in U.S. Dollars unless otherwise stated. The following press release should be read in conjunction with the Company’s Unaudited Condensed Consolidated Interim Financial Statements for the three and six months ended June 30, 2021 and the accompanying notes, our Management Discussion and Analysis for the three and...

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Post Holdings Reports Results for the Third Quarter of Fiscal Year 2021

ST. LOUIS, Aug. 05, 2021 (GLOBE NEWSWIRE) — Post Holdings, Inc. (NYSE:POST), a consumer packaged goods holding company, today reported results for the third fiscal quarter ended June 30, 2021. Highlights:Third quarter net sales of $1.6 billion Operating profit of $206.5 million; net loss of $54.3 million; Adjusted EBITDA of $302.6 million Completed the private label cereal and Egg Beaters acquisitions and the initial public offering of Post Holdings Partnering Corporation Second half fiscal year 2021 Adjusted EBITDA (non-GAAP) expected to range between $590-$610 millionThird Quarter Consolidated Operating Results Net sales were $1,589.8 million, an increase of 19.0%, or $253.4 million, compared to $1,336.4 million in the prior year period, and included $78.5 million in net sales from acquisitions made in fiscal years 2021...

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AGF Reports July 2021 Assets Under Management and Fee-Earning Assets

TORONTO, Aug. 05, 2021 (GLOBE NEWSWIRE) — AGF Management Limited reported total assets under management (AUM) and fee-earning assets1 of $42.1 billion as at July 31, 2021.           AUM ($ billions) July 31, 2021 June 30, 2021 % ChangeMonth-Over-Month July 31, 2020 % Change Year-Over-YearTotal Mutual Fund (including retail pooled funds) $23.2 $22.9   $19.0  Institutional and Sub-advisory + High-net-worth + Exchange-traded funds $16.8 $16.7   $15.2  Subtotal (before Private Alternative AUM and fee-earning assets1) $40.0 $39.6   $34.2  Private Alternative AUM2 $0.1 $0.1   $0.1  Total AUM2 $40.1 $39.7 1.0 % $34.3 16.9 %Private Alternative fee-earning assets1,2 $2.0 $2.0   $2.1  Total AUM and fee-earning assets1 $42.1 $41.7 1.0 % $36.4 15.7 %           Average Daily Mutual Fund AUM $23.1 $22.6   $18.9  1 Fee-earning...

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