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Day: November 17, 2021

U.S. Global Investors Announces Results of Non-Cash Adjustments to Its Financial Statements for Periods Ended March 31, 2021

San Antonio, TX, Nov. 17, 2021 (GLOBE NEWSWIRE) — U.S. Global Investors, Inc. (NASDAQ: GROW) (the “Company”), a registered investment advisory firm that focuses on specialized markets around the world, today announces that it is filing its restated consolidated financial statements that include non-cash adjustments for the three- and nine-month periods ended March 31, 2021. The Company has also begun the finalization process of its 10-K and expects to file within a few weeks. As discussed in a previous press release, adjustments based on a binomial options pricing model, which have had no impact on the Company’s cash balances for the period, were made to reflect valuation changes in corporate investments. The adjusted corporate investments were purchased in January 2021 and consist of unsecured convertible debentures and stock...

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Arisz Acquisition Corp. Announces Pricing of $60 Million Initial Public Offering on NASDAQ

NEW YORK , Nov. 17, 2021 (GLOBE NEWSWIRE) — Arisz Acquisition Corp. (“ARIZ”) announced today the pricing of its initial public offering of 6,000,000 units at a price of $10.00 per unit. The units will be listed on The Nasdaq Global Market (“NASDAQ”) and trade under the ticker symbol “ARIZU” beginning on November 18, 2021. Each unit consists of one share of common stock, one right to receive one-twentieth (1/20) of one share of common stock upon the consummation of an initial business combination, and one redeemable warrant to purchase three-fourths (3/4) of one share of common stock at a price of $11.50 per whole share. After the securities comprising the units begin separate trading, the shares of common stock, rights and warrants are expected to be listed on NASDAQ under the symbols “ARIZ,” “ARIZR” and “ARIZW,” respectively....

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CORRECTION: SMG Industries, Inc. Reports 2021 $14.77 Million Revenue Third Quarter and $34.61 Million for the Nine Month Financial Results

HOUSTON, TX, Nov. 17, 2021 (GLOBE NEWSWIRE) — via NewMediaWire — SMG Industries, Inc. (the “Company”) (OTCQB:SMGI), a growth-oriented transportation services company focused on the domestic infrastructure logistics market, today reported financial results for its third quarter ended September 30, 2021. Third Quarter Financial Highlights: ·         Revenues increased approximately 117% to $14,772,939 for the 3 months ended September 30, 2021, compared to the three months ended September 30, 2020, ·         Revenues increased approximately 85% to $34,618,358 for the 9 months ended September 30, 2021 compared to the year ago period, ·         Adjusted Gross Margins for the nine months ended September 30, 2021, was $1,745,470, after adjusting for depreciation, a non-cash expense within cost of sales of $4,074,738, ·         Net...

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Verano Announces Conference Participation for November

CHICAGO, Nov. 17, 2021 (GLOBE NEWSWIRE) — Verano Holdings Corp. (CSE: VRNO) (OTCQX: VRNOF) (“Verano” or the “Company”), a leading multi-state cannabis company, today announced that members of its executive leadership team will present at the following conferences: Grizzle Cannabis ConAaron Miles, Chief Investment Officer, will participate in a presentation.DATE: November 23, 2021TIME: 10:20 a.m. CTLINK: https://youtu.be/jgXslDIKQyQ Cowen 4th Annual Cannabis Conference (Private Event)George Archos, Founder and Chief Executive Officer, will participate in a panel discussion and one-on-one meetings.DATE: November 29, 2021TIME: 10:20 a.m. CT About Verano Verano is a leading, vertically integrated, multi-state cannabis operator in the U.S., devoted to the ongoing improvement of communal wellness by providing responsible access to regulated...

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DIRTT Announces Receipt of Shareholder Meeting Requisition

CALGARY, Alberta, Nov. 17, 2021 (GLOBE NEWSWIRE) — DIRTT Environmental Solutions Ltd. (“DIRTT”, the “Company”, “we” or “us”) (Nasdaq: DRTT, TSX: DRT), an interior construction company that uses proprietary software to design, manufacture and install fully customizable environments, announced today that its board of directors (the “Board”) has received a requisition pursuant to section 142 of the Business Corporations Act (Alberta). The requisition requests a special meeting of the Company’s shareholders be called to consider removing from office six (6) of the independent directors of the Company and replacing them with hand-picked nominees of Mr. Aron English of 22NW Fund, LP. The Board (or a Committee thereof) will review the requisition to, among other things, determine its validity. The Company will respond to the requisition...

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Orca Energy Group Inc. Announces Completion of Q3 2021 Interim Filings

TORTOLA, British Virgin Islands, Nov. 17, 2021 (GLOBE NEWSWIRE) — Orca Energy Group Inc. (“Orca” or the “Company” and includes its subsidiaries and affiliates) (TSX-V: ORC.A, ORC.B) today announces that it has filed its condensed consolidated interim financial statements and management’s discussion and analysis for the three and nine month periods ended September 30, 2021 with the Canadian securities regulatory authorities. All amounts are in United States dollars (“$”) unless otherwise stated. Jay Lyons, Chief Executive Officer, commented: “We are very pleased with Orca’s performance to date in 2021. Our production and revenues remained strong during the period and we continue to hit the targets we have set for ourselves. Operationally, Orca remains on track with the installation of compression equipment, designed to ensure...

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Flushing Financial Corporation Announces Pricing of $125 Million Subordinated Debt Offering

UNIONDALE, N.Y., Nov. 17, 2021 (GLOBE NEWSWIRE) — Flushing Financial Corporation (NASDAQ: FFIC) (“FFIC” or the “Company”), the holding company for Flushing Bank (the “Bank”), today announced that it has priced an underwritten public offering of $125 million aggregate principal amount of its fixed-to-floating rate subordinated notes due 2031 (the “Notes”). The Notes will initially bear a fixed interest rate of 3.125% per year. Commencing on December 1, 2026, the interest rate on the Notes resets quarterly to the three-month SOFR rate plus a spread of 203.5 basis points, payable quarterly in arrears. The offering is expected to close on November 22, 2021, subject to the satisfaction of customary closing conditions. FFIC plans to use the net proceeds from the Notes offering for general corporate purposes, which include repayment of...

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New York Mortgage Trust Announces Pricing of Public Offering of 7.000% Series G Cumulative Redeemable Preferred Stock

NEW YORK, Nov. 17, 2021 (GLOBE NEWSWIRE) — New York Mortgage Trust, Inc. (Nasdaq: NYMT) (the “Company”) announced today the pricing of a public offering of 3,000,000 shares of its 7.000% Series G Cumulative Redeemable Preferred Stock (the “Series G Preferred Stock”), liquidation preference $25.00 per share, for gross proceeds of $75,000,000 before deducting underwriting discounts and offering expenses. The Company has applied to list the Series G Preferred Stock on the Nasdaq Global Select Market under the symbol “NYMTZ.” The Company has granted the underwriters an option for 30 days to purchase up to an additional 450,000 shares of the Series G Preferred Stock to cover over-allotments, if any. The offering is subject to customary closing conditions and is expected to close on November 24, 2021. Morgan Stanley, J.P. Morgan, UBS...

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Itaú Corpbanca Announces Results of its Preemptive Rights Offerings

SANTIAGO, Chile, Nov. 17, 2021 (GLOBE NEWSWIRE) — ITAÚ CORPBANCA (NYSE: ITCB; SSE: ITAUCORP) (the “Company”) launched an offering of transferrable rights (“Rights”) to subscribe for its common shares, including common shares represented by American Depositary Shares (“ADS”), in connection with a previously announced capital increase of up to 461,111,111,111 new common shares of the Company, approved at an extraordinary shareholders’ meeting held by the Company on July 13, 2021 (the “Statutory Preemptive Rights Offering”). The offering of Rights in Chile commenced on October 4, 2021 and the offering of Rights with respect to ADSs (the “ADS Rights”) commenced on October 5, 2021 (the “Preemptive ADS Rights Offering”).The Preemptive ADS Rights Offering ended at 5:00 p.m. (New York City time) on October 26, 2021 and the Statutory Preemptive...

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America’s Car-Mart Reports Diluted Earnings per Share of $3.33 on Record Revenues of $288 Million

ROGERS, Ark., Nov. 17, 2021 (GLOBE NEWSWIRE) — America’s Car-Mart, Inc. (NASDAQ: CRMT) today announced its operating results for the second quarter of fiscal year 2022. “We continue to see solid productivity improvement and market share gains in an operating environment with historic supply and demand imbalances. Unit sales were up almost 6%, the average retail sales price was up 21% and interest income was up 39%, resulting in top line growth of 29% for the quarter. We believe productivity would have been even better had availability of vehicles at lower price points been at more normal levels,” said Jeff Williams, President and CEO. “The investments we are making in our inventory procurement area have allowed us to consistently offer better quality vehicles to our customers and keep our dealerships sufficiently stocked during...

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