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Month: August 2021

Patria Announces the Divestment of Alliar

GRAND CAYMAN, Cayman Islands, Aug. 19, 2021 (GLOBE NEWSWIRE) — Patria Investments Limited, or “Patria” (PAX: NASDAQ), through its managed investment funds, announces an agreement for the full divestment of Centro de Imagem Diagnosticos S.A. (“Alliar” or the “Company”) by means of a private sale (“Transaction”). The Transaction encompasses the sale of 25,012,323 common shares of the Company, which corresponds to the total interest in the Company held by Patria’s Private Equity Fund III and its related vehicles, and is subject to the termination of the Shareholders’ Agreement disclosed to the market through a Material Fact dated August 12, 2021, as well as to the antitrust agency approval, and other conditions usual to such type of transaction. The sale of Alliar represents a major step towards completing the divestment process of...

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Melcor announces retirement of CEO at end of 2021

EDMONTON, Alberta, Aug. 19, 2021 (GLOBE NEWSWIRE) — Melcor Developments Ltd. (TSX: MRD), an Alberta-based real estate development and asset management company, today announced that Darin Rayburn, President and Chief Executive Officer, will be retiring from the company on December 31, 2021. Tim Melton, Chairman of Melcor’s Board of Directors commented: “On behalf of the Board, it is with sadness that we share the news of Darin Rayburn’s retirement at the end of the year. Melcor is appreciative of Darin’s significant contributions to Melcor’s growth and success over the past 19 years. Darin played an integral role in building Melcor’s investment properties division from 643,000 sf in 2002 to a diversified portfolio of 4,664,000 sf presently. He was also instrumental in the formation and initial public offering of the Melcor REIT. In...

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Paula Harris, Linda Harty and Roger Strauch Appointed to Chart Industries, Inc. Board of Directors

Paula HarrisChart Industries DirectorLinda HartyChart Industries DirectorRoger StrauchChart Industries DirectorATLANTA, Aug. 19, 2021 (GLOBE NEWSWIRE) — The Board of Directors of Chart Industries, Inc. (NYSE: GTLS) has appointed Paula Harris, Linda Harty, and Roger Strauch as new directors effective today. With these appointments, the Chart Board of Directors is comprised of eight independent directors and our CEO and President, Jill Evanko. Four of our nine directors are female and five of our nine are diverse. Paula Harris has over 34 years of experience in international oilfield services with Schlumberger Ltd. Educated as a petroleum engineer with a Bachelor of Science, Petroleum Engineering from Texas A&M University, Ms. Harris initially worked in field operations offshore...

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Melcor REIT announces retirement of CEO at end of 2021

EDMONTON, Alberta, Aug. 19, 2021 (GLOBE NEWSWIRE) — Melcor Real Estate Investment Trust (Melcor REIT – TSX: MR.UN) has been advised by Melcor Developments Ltd. (Melcor) that Darin Rayburn will be retiring from his position of President & CEO of Melcor on December 31, 2021. As a result, Melcor will be recommending a new CEO for the REIT. Ralph Young, Chair of the REIT commented on behalf of the REIT Trustees: “It is with regret that we learned of the planned retirement of Darin Rayburn, to be effective December 31, 2021. The REIT board is exceptionally grateful to Darin for his instrumental role in the REIT’s formation and initial public offering (IPO) in May of 2013. Darin has had a significant impact on the REIT since inception as our founding CEO, Trustee, Melcor CEO and current REIT CEO. At IPO, the REIT owned 1.57...

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Liberty Gold Files Technical Report on SEDAR for Resource Estimate at Black Pine Oxide Gold Deposit, Great Basin, USA

VANCOUVER, British Columbia, Aug. 19, 2021 (GLOBE NEWSWIRE) — Liberty Gold Corp. (TSX: LGD; OTCQX: LGDTF) (“Liberty Gold” or the “Company”) is pleased to announce that further to its news release dated July 13, 2021, the Company has filed on SEDAR a National Instrument (“NI”) 43-101 Technical Report for the Black Pine Oxide Gold Property in southeastern Idaho, USA. The NI 43-101 Technical Report is entitled “Updated Technical Report and Resource Estimate for the Black Pine Gold Project, Cassia County, Idaho, USA”, effective June 20, 2021, and signed August 18, 2021 (the “Technical Report”). The Technical Report was prepared in accordance with National Instrument 43-101 – Standards of Disclosure for Mineral Projects by Michael Gustin, P. Geo., of MDA, a division of RESPEC, based in Reno, Nevada; Gary L. Simmons of GL Simmons Consulting...

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Consolidated Uranium Closes the Acquisition of the High-Grade Matoush Uranium Project in Quebec, Canada

TORONTO, Aug. 19, 2021 (GLOBE NEWSWIRE) — Consolidated Uranium Inc. (“CUR”, the “Company” or “Consolidated Uranium”) (TSXV: CUR) (OTCQB: CURUF) is pleased to announce that it has closed the previously announced acquisition (the “Acquisition”) of a 100% undivided interest in the high-grade Matoush Uranium Project (“Matoush” or the “Property”) located in the Province of Quebec, Canada. Key Points:High-Grade and Substantial Historic Resources – Based on a press release issued by Strateco Resources Inc. (“Strateco”) on December 7, 2012, Matoush was considered to have the following historical Mineral Resources:Indicated Mineral Resources of 586,000 t at an average grade of 0.954% containing 12.329 m lbs of U3O8 Inferred Mineral Resources of 1,686,000 t at an average grade of 0.442% containing 16.44 m lbs of U3O8 This historical...

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Koss Corporation Q4 Net Sales Jump 37%, Closing Fiscal Year with a 7% Gain

MILWAUKEE, Aug. 19, 2021 (GLOBE NEWSWIRE) — Koss Corporation (NASDAQ SYMBOL: KOSS), the U.S. based high-fidelity headphone company, has reported its results for the fourth quarter ended June 30, 2021. Sales for the fourth quarter were $5,420,471, which is a 37.3% increase from sales of $3,948,968 for the same three month period one year ago. The three month net income was $331,943, compared to net income of $158,238 for the fourth quarter last year. Basic income per common share for the quarter was $0.04 compared to basic income per common share of $0.02 for the three month period one year ago. Diluted income per common share for the quarter was $0.03 compared to diluted income per common share of $0.02 for the three month period one year ago. “This year we saw solid improvements across a number of distinct channels. Export...

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POET Technologies Reports Second Quarter 2021 Financial Results

Annual General and Special Meeting of Shareholders to be Held Virtually on October 7 TORONTO, Aug. 19, 2021 (GLOBE NEWSWIRE) — POET Technologies Inc. (“POET” or the “Company”) (TSX Venture: PTK; OTCQX: POETF), the designer and developer of the POET Optical Interposer™ and Photonic Integrated Circuits (PICs) for the data center and tele-communication markets, today reported its unaudited condensed consolidated financial results for the second quarter ended June 30, 2021. The Company’s financial results as well as the Management’s Discussion and Analysis have been filed on SEDAR. All financial figures are in United States dollars (“USD”) unless otherwise indicated. Second Quarter Financial (non-IFRS) and Recent Business Highlights: The Company continued to execute on its stated strategic plan during the second quarter and achieved...

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Pilgrim’s Pride Upsizes and Prices its Senior Unsecured Notes Offering; Receives Positive Outlook from S&P Global

GREELEY, Colo., Aug. 19, 2021 (GLOBE NEWSWIRE) — Pilgrim’s Pride Corporation (NASDAQ: PPC) (the “Company”) announced the pricing of senior unsecured notes for an aggregate principal amount of $900.0 million (the “Notes”). The Notes due in 2032 will be issued at a price of 100% of the aggregate principal amount reflecting a yield to maturity of 3.50%. The aggregate principal amount of the Notes offered was upsized from $750.0 million due to significant investor demand for the Notes. The sale of the Notes is expected to close on September 2, 2021, subject to customary closing conditions. Each of the Company’s domestic wholly-owned restricted subsidiaries that guarantee the Company’s secured credit facility will guarantee the Notes. Prior to the offering of the Notes, S&P Global announced that due to the...

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360 DigiTech Announces Second Quarter 2021 Unaudited Financial Results

SHANGHAI, Aug. 19, 2021 (GLOBE NEWSWIRE) — 360 DigiTech, Inc. (QFIN) (“360 DigiTech” or the “Company”), a leading financial technology platform in China, today announced its unaudited financial results for the second quarter ended June 30, 2021. Second Quarter 2021 Business HighlightsAs of June 30, 2021, our digital platform has connected 108 financial institutional partners and 175.9 million consumers*1 with potential credit needs, cumulatively, an increase of 18.1% from 149.0 million a year ago. Cumulative users with approved credit lines*2 was 34.7 million as of June 30, 2021, an increase of 25.3% from 27.7 million as of June 30, 2020. Cumulative borrowers with successful drawdown, including repeat borrowers was 22.3 million as of June 30, 2021, an increase of 25.3% from 17.8 million as of June 30, 2020. In the second quarter...

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