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Year: 2021

Validation Process Commences for Mullen’s Class 2 EV Cargo Vans

Initial validation and assessment for Class 2 cargo vans has begun at AMEC facility outside Tunica, Mississippi. Company on track with Q2 2022 deliveries for fleet order customers.Mullen Begins Class @ EV Cargo Van Validation ProcessClass 2 EV Cargo Van begins validation process at AMEC Facility in Tunica, Mississippi.BREA, Calif., Dec. 03, 2021 (GLOBE NEWSWIRE) — via InvestorWire — Mullen Automotive, Inc. (NASDAQ: MULN) (“Mullen” or the “Company”), an emerging electric vehicle (“EV”) manufacturer, today announces that initial validation testing of the Class 2 EV cargo van has begun at Mullen’s Advanced Manufacturing and Engineering Center (AMEC) in Tunica, Mississippi.     Mullen’s Class 2 EV cargo van (ONE®) is based on a 144-inch wheelbase, 78.8-kWh battery pack, rear-wheel drive and modular 460-cubic-foot...

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Harbor Custom Development, Inc. Contracts to Acquire 997-Unit Master Planned Community in Vancouver, BC Metro Market for $14,000,000

Gig Harbor, Washington , Dec. 03, 2021 (GLOBE NEWSWIRE) — Harbor Custom Development, Inc. (Nasdaq: HCDI, HCDIP, HCDIW, HCDIZ) (“Harbor,” “Harbor Custom Homes®,” or the “Company”), an innovative and market leading real estate company involved in all aspects of the land development cycle, today announced that it has entered into a contract to acquire Grandis Pond, a 438-acre master-planned community in Blaine, Washington on the Washington/Canadian border for $14,000,000. Grandis Pond is the largest project Harbor has contracted for purchase to date and will nearly double the Company’s current inventory by adding a mix of residential housing with up to 997 single and multi-family housing units and approximately 48,000 square feet of neighborhood commercial space. The project is located 33 miles from downtown Vancouver, British Columbia,...

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Gulf Resources Provides Guidance for the 4th Quarter 2021

SHOUGUANG, China, Dec. 03, 2021 (GLOBE NEWSWIRE) — Gulf Resources, Inc. (Nasdaq:GURE) (“Gulf Resources” or the “Company”), a leading manufacturer of bromine, crude salt and specialty chemical products in China, today provided investors with earnings guidance for the 4th quarter 2021. Based on the best assessments at the time, the Company expects its fourth quarter operating revenue of between $18.0 million and $19.0 million. The Company’s fourth quarter net income is expected of between $9.5 million and $10.0 million. These estimates do not include possible interruption from any winter closing required by the government, because to date, we have not received any notifications. They also do not include unexpected nonrecurring and non-operational factors, any impairments and write-offs which our auditors may...

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Timbercreek Financial Completes $40 Million Bought Deal Offering of Convertible Debentures

THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. TORONTO, Dec. 03, 2021 (GLOBE NEWSWIRE) — Timbercreek Financial Corp. (TSX: TF) (“Timbercreek Financial” or the “Company”) is pleased to report that it has completed its previously announced bought deal offering of $40 million aggregate principal amount of 5.00% convertible unsecured subordinated debentures of the Company due December 31, 2028 (the “Debentures”) with a syndicate of underwriters co-led by National Bank Financial Inc. and TD Securities Inc. and including RBC Dominion Securities Inc., CIBC World Markets Inc., Canaccord Genuity Corp., Raymond James Ltd., BMO Nesbitt Burns Inc., Scotia Capital Inc., iA Private Wealth Inc., Manulife Securities Incorporated and Stifel Nicolaus Canada Inc. (collectively, the “Underwriters”)....

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Amber Grid Investor’s Calendar for 2022

AB Amber Grid, legal entity code: 303090867. Address: Laisvės pr. 10, LT-04215 Vilnius, Lithuania. In 2022 AB Amber Grid’s financial results will be released according to the following: • 04.02.2022 – interim information for the twelve months of 2021;• 18.03.2022 – audited annual report and audited annual financial statements for year 2021; • 25.03.2022 – notice of the convening of the Annual General Meeting of Shareholders,• 20.04.2022 – resolutions of the Annual General Meeting of Shareholders;• 05.05.2022 – interim information for the three months of 2022;• 04.08.2022 – interim information for the six months of 2022;• 04.11.2022 – interim information for the nine months of 2022. More information: Laura Šebekienė, Head of Communications of Amber Grid,+370 699 61 246, l.sebekiene@ambergrid.lt

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Regarding the publication of LITGRID AB interim information and Investor’s Calendar for 2022

 In 2022 LITGRID AB (company code 302564383, registered office at Karlo Gustavo Emilio Manerheimo Str. 8, Vilnius) financial results will be released according to the following calendar:4th February 2022 –  interim information for the twelve months of 2021; 18th March 2022 – audited annual report and audited annual financial statements for year 2021; 25th March 2022 – notice of the convening of the Annual General Meeting of Shareholders; 20th April 2022 – resolutions of the Annual General Meeting of Shareholders; 5th May 2022 – interim information for the three months of 2022; 4th August 2022 – interim information and half year report for the six months of 2022; 4th November 2022 – interim information for the nine months of 2022.The person authorized by LITGRID AB (the issuer) to provide additional...

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Verizon Chairman & CEO Hans Vestberg to speak at UBS Global TMT Conference Dec. 6

NEW YORK, Dec. 03, 2021 (GLOBE NEWSWIRE) — Hans Vestberg, Chairman and CEO for Verizon (NYSE, Nasdaq: VZ), is scheduled to speak at the virtual UBS Global TMT Conference on Monday, December 6, at 9 a.m. ET. His remarks will be webcast, with access instructions available on Verizon’s Investor Relations website, www.verizon.com/about/investors/. Verizon Communications Inc. (NYSE, Nasdaq: VZ) was formed on June 30, 2000 and is one of the world’s leading providers of technology and communications services. Headquartered in New York City and with a presence around the world, Verizon generated revenues of $128.3 billion in 2020. The company offers data, video and voice services and solutions on its award-winning networks and platforms, delivering on customers’ demand for mobility, reliable network connectivity, security and control. VERIZON’S...

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Oxford Lane Capital Corp. Provides November Net Asset Value Update

GREENWICH, Conn., Dec. 03, 2021 (GLOBE NEWSWIRE) — Oxford Lane Capital Corp. (the “Company”) (NasdaqGS: OXLC, OXLCM, OXLCO, OXLCP and OXLCL) today announced the following net asset value (“NAV”) estimate as of November 30, 2021.Management’s unaudited estimate of the range of the NAV per share of our common stock as of November 30, 2021 is between $6.84 and $6.94. This estimate is not a comprehensive statement of our financial condition or results for the month ended November 30, 2021. This estimate did not undergo the Company’s typical quarter-end financial closing procedures and was not approved by the Company’s board of directors. We advise you that our NAV per share for the quarter ending December 31, 2021 may differ materially from this estimate, which is given only as of November 30, 2021.As of November 30, 2021, the Company...

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IES Holdings Appoints Matthew Simmes as Chief Operating Officer

HOUSTON, Dec. 03, 2021 (GLOBE NEWSWIRE) — IES Holdings, Inc. (or “IES” or the “Company”) (NASDAQ: IESC) today announced the appointment of Matthew Simmes as Chief Operating Officer of the Company. In his new role, Mr. Simmes, who has been President of the Company’s Communications segment since 2017, will oversee all four of the Company’s operating segments. “I am excited to welcome Matt to our corporate executive team,” said Jeff Gendell, Chairman and Chief Executive Officer of IES. “Under Matt’s leadership and vision, IES Communications has enjoyed substantial growth, entered new markets and leveraged ever-changing technologies to become a recognized leader in the design and installation of technology infrastructure for data centers, e-commerce warehouses, and other commercial and industrial applications. More importantly, Matt...

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LexaGene Closes Multiple MiQLab Sales

BEVERLY, Mass., Dec. 03, 2021 (GLOBE NEWSWIRE) — LexaGene Holdings, Inc., (TSX-V: LXG; OTCQB: LXXGF) (the “Company”), a molecular diagnostics company that develops fully automated rapid pathogen detection systems, is pleased to announce two purchase orders from Kuma Veterinary Clinic and the Emergency Veterinary Services of Roanoke. Dr. Jack Regan, LexaGene’s Founder and CEO commented, “I’m pleased to announce that we have closed additional MiQLab System sales to private hospitals. Veterinarians are learning more about our system and recognizing how wrong it is to have to wait days to weeks for a reference lab to provide infectious disease results that can impact the well-being of their patients. Our MiQLab System provides them a solution to this problem, as it delivers high-quality results at the point of need in just ~2 hours....

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