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Year: 2021

Liquid Media Shares Expertise with CNBC, Toronto’s CityNews 680 Radio and Other Business & Industry News Outlets

VANCOUVER, British Columbia, Nov. 10, 2021 (GLOBE NEWSWIRE) — Liquid Media Group Ltd. (the “Company,” “Liquid Media” or “Liquid”) (Nasdaq: YVR) is pleased to announce that members of the Company’s expert leadership team are being enlisted by numerous media outlets, including CNBC, to educate audiences on a variety of trending industry topics. The press is also covering Liquid as an emerging leader that is bringing solutions to today’s content creators. In a recent report aired on CNBC’s “The News with Shepard Smith,” Correspondent Kristina Partsinevelos covered Hollywood’s streaming pivot, its impact on indie films, plus the range of expertise that is required of today’s filmmakers and creative personnel. “You have to be much more entrepreneurial, which is not a natural fit necessarily for a director, or a producer,...

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Tecogen Receives 2.5 MW Microgrid System Order for Controlled Environment Agriculture Facility

WALTHAM, MA, Nov. 10, 2021 (GLOBE NEWSWIRE) — via NewMediaWire — Tecogen Inc. (OTCQX: TGEN), a clean energy company providing ultra-efficient and clean on-site power, heating, and cooling equipment, is pleased to announce an order for twelve InVerde e+® 125 kW microgrid-enabled cogeneration units and three 400 ton Tecochill® chillers for a large controlled environment agriculture (CEA) facility.  The overall microgrid system will reduce the electrical capacity requirements for the facility by approximately 2.5 MW and is scheduled to ship by the end of the first quarter of 2022. This order further expands Tecogen’s position as the preferred supplier of microgrids requiring cooling for CEA applications, including in the northeast US where the company has sold over 13,000 tons of Tecochill capacity. “Many large grow facilities...

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Verano Enters Connecticut Cannabis Market with Vertical Integration Ahead of Adult-Use Transition

Verano consummated the acquisition of Willow Brook Wellness, LLC, which holds an active dispensary in Meriden, Connecticut. Additionally, Verano has entered into definitive agreements to acquire both Caring Nature, LLC, which holds an active dispensary in Waterbury, Connecticut, and Connecticut Pharmaceutical Solutions, Inc., which holds an operating cultivation and production facility. These acquisitions are expected to be immediately accretive and accelerate vertical integration for Verano in Connecticut, one of the most recent states to pass adult-use legislation, further expanding the Company’s East Coast hub and complementing Verano’s vertically integrated regional operations in Pennsylvania, New Jersey, Maryland, and Massachusetts. The Connecticut acquisitions will expand Verano’s national footprint to 89 active1 dispensaries across...

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EVmo Launches Industry First Integrated Gig Delivery Technology Platform

EVmo renters get exclusive directed access to hot food, grocery, and e-commerce delivery gig opportunities Enhanced driver earning potential combined with most affordable car rental Intuitive technology platform simplifies delivery work for gig driversLOS ANGELES, Nov. 10, 2021 (GLOBE NEWSWIRE) — EVmo, Inc. (OTC: YAYO), a leading provider of vehicles to the rideshare and gig delivery space, today announced the launch of a crowd-sourced delivery application that will provide renters on the EVmo platform with exclusive access to same day delivery job opportunities for items such as hot food, e-commerce packages, groceries, and on-demand fulfillment of consignments requiring urgent delivery. In addition to providing access to new revenue generating opportunities, the easy-to-use application empowers EVmo renters lacking delivery...

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Steppe Gold Announces US$65m in Project Finance and Working Capital Debt Facility to Fast Track Phase 2 Construction

ULAANBAATAR, Mongolia, Nov. 10, 2021 (GLOBE NEWSWIRE) — Steppe Gold Ltd (TSX: STGO) (OTCQX:STPGF) (FSE:2J9) (“Steppe Gold” or the “Company”) is extremely pleased to announce that it has reached agreement for up to $65m (all figures in US$ unless otherwise stated) in debt capital (the “Loans”) to fast track its phase two construction of the ATO Gold Mine. Of the total $65m in Loans, MNT 170 billion or approximately US$59.7m (the “2021 Gold-2 Loan”), has been funded through the Gold-2 National Program, facilitated through the Central Bank of Mongolia. The 2021 Gold-2 Loan proceeds were advanced during the third quarter to Steppe Gold by the Trade and Development Bank of Mongolia (“TDBM”). The 2021 Gold-2 Loan is a special purpose covenant-light loan, with a three-year term at 9% interest and full prepayment rights without penalty....

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Maria A. Grasso Inducted into the Long Island Hall of Fame

UNIONDALE, N.Y., Nov. 10, 2021 (GLOBE NEWSWIRE) — Flushing Financial Corporation (the “Company”) (Nasdaq: FFIC), the parent holding company for Flushing Bank (the “Bank”), announced that Maria A. Grasso, Chief Operating Officer of Flushing Bank, has been inducted into the Long Island Business Hall of Fame. The induction ceremony was held at the Crest Hollow Country Club on November 9, 2021. John R. Buran, President and Chief Executive Officer stated “We are very pleased that Maria has been recognized by LIBN as an influential leader in our business community. Maria has certainly been instrumental in the growth of our organization since she first joined the bank in 2006. Over the years, she has been generous with her time and provided leadership and expertise to many not-for-profit organizations. We are extremely fortunate and very...

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Transom Capital Group Sells HeathCo to Globe Electric Company

LOS ANGELES, Nov. 10, 2021 (GLOBE NEWSWIRE) — Transom Capital Group (“Transom”), an operations-focused middle market private equity firm, today announced it has sold Heath Zenith, LLC (“HeathCo” or the “Company”), a leading provider of outdoor security lighting, decorative lighting, and door chimes based in Bowling Green, Kentucky, to Globe Electric Company. HeathCo is the leading provider of outdoor home security LED lighting, residential notification systems, and motion-activated decorative lighting in the do-it-yourself (“DIY”) repair and remodel space. HeathCo has an established base of blue-chip retail customers, which enables the Company to reach end users across 10,000+ retail stores through the U.S., Canada, and Mexico. The Company is considered a “category captain” due to the #1 market position in all three product categories...

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Exela Technologies, Inc. Announces Early Tender Results and Extension of Early Tender Time

IRVING, Texas, Nov. 10, 2021 (GLOBE NEWSWIRE) — Exela Technologies, Inc. (“Exela” or the “Company”) (NASDAQ: XELA) today announced that it has extended the early tender time from 5:00 p.m., New York City time, on November 9, 2021 (the “Original Early Tender Time”) until 11:59 p.m., New York City time, on November 24, 2021 (the “Extended Early Tender Time”), with respect to the previously announced exchange offer (the “Exchange Offer”) by certain of its subsidiaries for Old Notes and Old Term Loans as described in the Offering Memorandum (as defined below). As of the Original Early Tender Time, approximately $318.7 million, or 34.1%, of outstanding Old Notes were tendered for exchange pursuant to the Exchange Offer (excluding any Old Notes held by the Issuers or affiliates). Accordingly, Old Notes and Old...

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Orbit International Corp. Reports 2021 Third Quarter Results

Third Quarter 2021 Net Income of $681,000 ($0.20 per diluted share) v. $864,000 ($0.25 per diluted share) in Prior Year Period Third Quarter 2021 EBITDA, As Adjusted, of $736,000 ($0.21 per diluted share) v. $923,000 ($0.26 per diluted share) in Prior Year Period Nine Months 2021 Net Income of $3,042,000 ($0.87 per diluted share) v. $488,000 ($0.14 per diluted share) in Prior Year Period Nine Months 2021 EBITDA, As Adjusted, of $3,255,000 ($0.93 per diluted share) v. $685,000 ($0.19 per diluted share) in Prior Year Period Exclusive of PPP Loan Forgiveness, Nine Months Net Income was $1,424,000 ($0.41 per diluted share) and EBITDA, As Adjusted was $1,637,000 ($0.47 per diluted share) HAUPPAUGE, N.Y., Nov. 10, 2021 (GLOBE NEWSWIRE) — Orbit International Corp. (OTC PINK:ORBT) today announced results for the third quarter and nine...

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Guardion Health Sciences Announces Financial Results for the Three Months Ended September 30, 2021

$3,000,000+ Sales from Viactiv® Products During the Quarter HOUSTON, Nov. 10, 2021 (GLOBE NEWSWIRE) — Guardion Health Sciences, Inc. (Nasdaq: GHSI) (“Guardion” or the “Company”), a clinical nutrition and diagnostics company that develops clinically supported nutrition, medical foods, supplements and medical devices, announced its financial results for the three months and nine months ended September 30, 2021. The Company also provided a corporate update to shareholders. Financial highlights for the three months ended September 30, 2021 include the following:Total revenue of $3,148,612 for the three months ended September 30, 2021, as compared to $253,188 for the three months ended September 30, 2020, reflecting the first full quarter of operations of the Viactiv brand, which represented approximately 95% of total revenue for...

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