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Day: September 8, 2021

The North West Company Inc. Announces Second Quarter Earnings and an Increase in the Quarterly Dividend

WINNIPEG, Manitoba, Sept. 08, 2021 (GLOBE NEWSWIRE) — (TSX: NWC): The North West Company Inc. (the “Company” or “North West”) today reported its unaudited financial results for the second quarter ended July 31, 2021. It also announced that the Board of Directors have declared a dividend of $0.37 per share, an increase of $0.01 or 2.8% per share, to shareholders of record on September 30, 2021, to be paid on October 15, 2021. “This has been another strong quarter particularly considering the extraordinary pandemic-related same store sales and earnings increases in 2020,” commented President and CEO Dan McConnell. “Our top priority remains focused on the safety and well-being of our customers and employees and ensuring that we continue to provide essential products and services that people depend on. The relationships...

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Cenovus announces Atlantic assets restructuring plan

CALGARY, Alberta, Sept. 08, 2021 (GLOBE NEWSWIRE) — Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) has entered into agreements with its partners in the Atlantic region to restructure its working interests in the Terra Nova and White Rose projects, providing improved economics for the company’s regional portfolio. These agreements will increase Cenovus’s working interest in Terra Nova and, if a decision is taken to restart West White Rose, reduce the company’s working interest in the White Rose field. Cenovus’s working interest in Terra Nova will be 34%, up from 13%. The company will receive $78 million from the exiting partners as a contribution towards future Terra Nova asset retirement obligations. The Terra Nova asset life extension project will proceed, extending the life of the field to 2033. Production is expected to resume before...

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Suncor Energy provides update on White Rose asset

All financial figures are in Canadian dollars CALGARY, Alberta, Sept. 08, 2021 (GLOBE NEWSWIRE) — Suncor today announced it has entered into a conditional agreement to increase its interest in the White Rose asset subject to a restart decision on the West White Rose project. As part of the conditional agreement, Cenovus, the operator, will complete a restart evaluation for the West White Rose project by mid 2022. Should the project economics be robust enough to lead to a restart decision, Suncor has agreed to increase its interest in the White Rose offshore field by 12.5% (from 27.5% to approximately 40%) in exchange for a cash payment by Cenovus to Suncor. Suncor would assume capital commitments on the 12.5% additional interest on a go-forward basis only. No significant capital spend is expected before 2023 and both companies...

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Calvin B. Taylor Bankshares, Inc. Announces Quarterly Cash Dividend of $0.29 per Share

Berlin, Maryland, Sept. 08, 2021 (GLOBE NEWSWIRE) — via NewMediaWire — Calvin B. Taylor Bankshares, Inc. (OTCQX: TYCB), parent company of Calvin B. Taylor Bank, announced today that the Board of Directors has declared a regular quarterly cash dividend of $0.29 per share.  This dividend is payable on October 15, 2021 to stockholders of record as of September 30, 2021.  About Calvin B. Taylor BankCalvin B. Taylor Bank, the bank subsidiary of Calvin B. Taylor Bankshares, Inc. (OTCQX: TYCB), founded in 1890, offers a wide range of loan, deposit, and ancillary banking services through both physical and digital delivery channels.  Calvin B. Taylor Bank has 12 banking locations within the eastern coastal area of the Delmarva Peninsula including Worcester County, Maryland, Sussex County, Delaware and Accomack County, Virginia.   ContactM....

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T2 Biosystems Announces Plans to Consolidate and Expand Facilities in Massachusetts

LEXINGTON, Mass., Sept. 08, 2021 (GLOBE NEWSWIRE) — T2 Biosystems, Inc. (NASDAQ:TTOO), a leader in the rapid detection of sepsis-causing pathogens, announced today plans to consolidate its existing facilities and expand into a newly leased facility in Billerica, Massachusetts. The Company will consolidate its existing operations in Lexington, MA and Wilmington, MA into a 70,000 sq.ft. facility in Billerica, MA to accommodate current and future growth. The move is expected to occur during the second half of 2022. “T2 Biosystems was born in Massachusetts and we are excited to continue our growth in the Bay State,” stated John Sperzel, Chairman and Chief Executive Officer at T2 Biosystems. “We expect the new facility to provide benefits across our business, including cost savings and efficiency, and strengthen our ability to attract...

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Suncor Energy confident in East Coast Canada energy future: moves forward with Terra Nova Asset Life Extension

All financial figures are in Canadian dollars CALGARY, Alberta, Sept. 08, 2021 (GLOBE NEWSWIRE) — Suncor today announced that the co-owners of the Terra Nova Floating, Production, Storage and Offloading (FPSO) facility and associated Terra Nova Field (“Terra Nova”) have finalized the agreement to restructure the project ownership and move forward with the Asset Life Extension Project. Suncor, Cenovus and Murphy Oil, now control 100% of the project with the following increased ownership positions: Suncor – 48% (previously approximately 38%); Cenovus – 34% (previously 13%); and Murphy Oil – 18% (previously approximately 10%). The agreement also includes the previously disclosed royalty and financial support from the Government of Newfoundland and Labrador including up to $205 million, on a matching contribution basis, to support...

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D-BOX Technologies Reports First Quarter Results

Significant growth in rights for use revenues following the gradual recovery of the marketsRights for use revenues up 524% year-over-year in Q1 FY2022, blockbusters leading recovery. Total revenues increased 42% to $3.1 million up from $2.2 million for the same period last year. Cash and cash equivalents were $6.7 million as of June 30, 2021 compared to $9.1 million as of March 31, 2021. Strengthen balance sheet with additional $1.0M loan subsequent to the quarter end. Cooler Master unveils its gaming seat Motion 1 integrating D-BOX’s haptic system which will be compatible to all PC games. Signature of a new rollout with Cinemark with eight new locations in the USA.                                                            LONGUEUIL, Québec, Sept. 08, 2021 (GLOBE NEWSWIRE) — D-BOX Technologies Inc. (“D-BOX” or the “Corporation”)...

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Riot Blockchain Announces August Production and Operations Updates

Riot produces 441 Bitcoins in August 2021Riot’s Whinstone Facility – Expansion ProgressRiot’s Hash Rate GrowthCastle Rock, CO, Sept. 08, 2021 (GLOBE NEWSWIRE) — Riot Blockchain, Inc. (NASDAQ: RIOT) (“Riot”, “Riot Blockchain” or the “Company”), a Nasdaq-listed industry leader in Bitcoin (“BTC”) mining and hosting, announces its August production and operations updates, including its unaudited Bitcoin production for August 2021 and its miner deployment status. Production and Operations UpdatesIn August 2021, Riot produced 441 BTC, an increase of approximately 451% over its August 2020 production of 80 BTC. Year to date through August 2021, the Company produced a total of 2,051 BTC, an increase of approximately 221% over its production during the same 2020 period...

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Exgen Announces Sale of Empire Mine Project NSR for $2,750,000 Cash

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES VANCOUVER, British Columbia, Sept. 08, 2021 (GLOBE NEWSWIRE) — ExGen Resources Inc. (TSX.V: EXG; OTC: BXXRF) (“ExGen”, the “Company”) is pleased to announce the sale (the “NSR Royalty Sale”) of its wholly owned 2.5% NSR royalty on the Empire Mine project in Custer County, Idaho, USA (the “Empire Mine Project”) to a private company purchaser (the “Purchaser”) for total cash consideration of CDN$2,750,000 and potential further cash payments depending on the exploration and development milestones achieved on the Empire Mine Project, as outlined further below. ExGen continues to own 1,330,000 common shares of Phoenix Copper Ltd. and its 20% interest in Konnex Resources, Inc. (“Konnex”), which holds the leases and claims to the Empire Mine...

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ThreeD Capital Inc. Announces Unaudited August 31, 2021 Net Asset Value Per Share ‒ $1.28

TORONTO, Sept. 08, 2021 (GLOBE NEWSWIRE) — ThreeD Capital Inc. (“ThreeD” or the “Company”) (CSE:IDK / OTCQX:IDKFF) a Canadian-based venture capital firm focused on opportunistic investments in companies in the junior resources and disruptive technologies sectors, announces that at August 31, 2021, its unaudited net asset value per share (“NAV”) was $1.28. This announcement is made based on ThreeD’s established practice of releasing NAV on a monthly basis as part of the Company’s ongoing response to shareholder interest in receiving periodic information. NAV is calculated based on unaudited month-end financial information. Use of Non-GAAP Financial Measures: This press release contains references to NAV or “net asset value per share” which is a non-GAAP financial measure. NAV is calculated as the value of total assets less the value...

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