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Day: January 12, 2022

AssetMark Announces Five Year Credit Facility Extension and Upsize to $500 Million

CONCORD, Calif., Jan. 12, 2022 (GLOBE NEWSWIRE) — AssetMark Financial Holdings, Inc. (NYSE: AMK) announced today that it has entered into an Amended and Restated Credit Agreement with ten banks, led by Bank of Montreal as Administrative Agent and Sustainability Coordinator. The agreement provides for a $500 million Senior Secured Credit Facility, comprised of a $375 million revolving facility and a $125 million term loan. The agreement also carries an accordion feature allowing for an additional $100 million of capacity, subject to customary terms and conditions. The new credit facility will mature in 2027. Interest will be based on SOFR plus an applicable margin, with the applicable margin being tied to the Company’s total leverage ratio. At the initial funding levels, the interest rate will be adjusted term SOFR + 1.875%. AssetMark...

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Marlin Provides Update on Proposed Acquisition by Funds Managed by HPS Investment Partners LLC

MOUNT LAUREL, N.J., Jan. 12, 2022 (GLOBE NEWSWIRE) — Marlin Business Services Corp. (NASDAQ: MRLN), a nationwide provider of capital solutions to small businesses (“Marlin” or the “Company”), announced today an update on its proposed merger with a subsidiary of funds managed by HPS Investment Partners LLC (“HPS”). Marlin and HPS have been working diligently to meet all closing conditions to the merger, including the condition that the Company’s wholly-owned subsidiary Marlin Business Bank surrender its banking licenses and authority and terminate its Federal Deposit Insurance Corporation-insured deposits (the “De-Banking Condition”). Marlin has now satisfied the De-Banking Condition and the parties intend to consummate the merger prior to the market open on Thursday, January 20, 2022. As previously announced on April 19, 2021,...

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NVE Corporation Schedules Conference Call on Third-Quarter Results

EDEN PRAIRIE, Minn., Jan. 12, 2022 (GLOBE NEWSWIRE) — NVE Corporation (Nasdaq: NVEC) announced that it plans to release its financial results for the quarter ended December 31, 2021 on Wednesday, January 19, 2022 after the close of the Nasdaq Regular Market. The company will hold its quarterly conference call later that day at 4:00 p.m. Central Time. The quarterly call will be broadcast live over the Internet and can be accessed through the Investor Events page of NVE’s Website (www.nve.com). An archive of the call will also be available. Parties who wish to participate in the call are requested to contact NVE Investor Relations at 952-829-9217 no later than January 17, 2022 to reserve a position for the call and to receive the conference telephone number. NVE is a leader in the practical commercialization of spintronics,...

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Concrete Pumping Holdings Reports Strong Fourth Quarter and Fiscal Year 2021 Results, Provides Financial Outlook for Fiscal Year 2022

DENVER, Jan. 12, 2022 (GLOBE NEWSWIRE) — Concrete Pumping Holdings, Inc. (Nasdaq: BBCP) (the “Company” or “CPH”), a leading provider of concrete pumping and waste management services in the U.S. and U.K., reported financial results for the fourth quarter and fiscal year ended October 31, 2021. Fourth Quarter Fiscal Year 2021 Summary vs. Fourth Quarter of Fiscal Year 2020 (where applicable)Revenue increased 11% to $87.8 million compared to $79.2 million. Gross profit increased 5% to $37.3 million compared to $35.5 million.  Income from operations increased 169% to $11.7 million compared to $4.3 million. Net income attributable to common shareholders improved to $2.8 million or $0.05 per diluted share, compared to a net loss attributable to common shareholders of $3.1 million or $(0.06) per diluted share. Adjusted EBITDA1 was $28.3...

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PrairieSky Royalty Announces Conference Call for 2021 Annual Results

CALGARY, Alberta, Jan. 12, 2022 (GLOBE NEWSWIRE) — PrairieSky will release its annual and Q4 2021 results on Monday, February 7, 2022 after markets close. The news release detailing PrairieSky’s Annual and Q4 2021 results will provide operating and financial information. Financial statements, management’s discussion and analysis and the annual information form will be available on PrairieSky’s website at www.prairiesky.com and on SEDAR at www.sedar.com. A conference call to discuss the results will be held for the investment community on Tuesday, February 8, 2022 beginning at 6:30 am MT (8:30 am ET). To participate in the conference call, approximately 10 minutes prior to the conference call, please dial:(844) 657-2668 (toll-free in North America)(612) 979-9882 (International)Conference ID: 4471756About PrairieSky Royalty...

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Capital Southwest Announces Third Quarter 2022 Earnings Release and Conference Call Schedule

Call Scheduled for 11:00 a.m. Eastern Time on Tuesday, February 1, 2022 DALLAS, Jan. 12, 2022 (GLOBE NEWSWIRE) — Capital Southwest Corporation (“Capital Southwest” or the “Company”; Nasdaq: CSWC), an internally managed business development company focused on providing flexible financing solutions to support the acquisition and growth of middle market businesses, announced today that it will release its third quarter 2022 results on Monday, January 31, 2022 after the market closes. In conjunction with the release, Capital Southwest has scheduled a conference call which will be broadcast live via phone and over the Internet on Tuesday, February 1, 2022 at 11:00 a.m. Eastern time. Investors may participate either by phone or audio webcast. By Phone: Dial (866)-502-8274 and provide the operator with Conference ID 4575014 at least...

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Hingham Savings Announces Passing of Former Director and Clerk Marion Fahey

HINGHAM, Mass., Jan. 12, 2022 (GLOBE NEWSWIRE) — With great sadness, Hingham Institution for Savings (NASDAQ: HIFS) (“Hingham”) announced that former Director and Clerk of the Bank, Marion Fahey, died yesterday. She was 97. Ms. Fahey served as a Director of Hingham from 1992 through 2015. She was instrumental in the effort by the present management group to establish control at Hingham, ensuring that the Bank would remain independent and run for the benefit of its owners and its community over the next thirty years. Prior to Hingham, Ms. Fahey was a Trustee and Director at East Weymouth Savings Bank, where served alongside a number of current directors of the Bank. For the last fifty years, she has provided invaluable advice and counsel to three generations of the Gaughen family running Hingham and East Weymouth. Prior to her service...

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American Pacific Partner Drills 14.44 g/t Gold Over 6.53 Metres; Including 146 g/t Gold and 0.98% Copper Over 0.48 Metres at its Madison Copper-Gold Project in Montana

Figure 12021 Cross Section Highlighting Drill Hole MADN0033Figure 2Planimetric ViewTable 1Additional Notable Drill Intercepts from 2021 Drill ProgramTable 22021 Drilling Program Location, Dip, Azimuth and Total DepthVANCOUVER, British Columbia, Jan. 12, 2022 (GLOBE NEWSWIRE) — American Pacific Mining Corp (CSE: USGD / OTCQB: USGDF / FWB: 1QC) (“American Pacific” or “the Company”) is pleased to report drill results from its 2021 drilling programs conducted by Kennecott Exploration Company (“Kennecott”), a division of the Rio Tinto Group, on the Company’s Madison Copper- Gold Project (the “Madison Project”), in Montana, USA. The Kennecott drilling program consisted of 10 core holes for a total of 3,598 metres (“m”), which focused on extensions of high-grade gold-copper...

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Crazy Woman Creek Bancorp Reports Record Earnings for Fiscal Year 2021; Pays Annual Cash Dividend of $0.31 per Share

BUFFALO, Wyo., Jan. 12, 2022 (GLOBE NEWSWIRE) — Buffalo Federal Bank, a wholly-owned subsidiary of Crazy Woman Creek Bancorp, Inc. (OTCPink:CRZY), today announced its Board of Directors paid an annual cash dividend of $0.31 per share on January 5, 2022, to shareholders of record as of December 7, 2021. “This dividend is a testament to the strength of our core banking activities and financial performance of our franchise. We are pleased that our earnings growth provides us the opportunity to pay a cash dividend to our shareholders and support future growth at the Bank,” stated Paul M. Brunkhorst, Buffalo Federal Bank’s President and CEO. At the stock price of $22.76 per share at the market close of our September 30, 2021 fiscal year-end, the current dividend equates to a yield of 1.36% on an annualized basis. The Company’s fiscal...

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Freehold Royalties Ltd. Declares Dividend for January 2022

CALGARY, Alberta, Jan. 12, 2022 (GLOBE NEWSWIRE) — Freehold Royalties Ltd. (Freehold) (TSX: FRU) announces that its Board of Directors has declared a dividend of Cdn. $0.06 per common share to be paid on February 15, 2022 to shareholders of record on January 31, 2022. These dividends are designated as “eligible dividends” for Canadian income tax purposes. Freehold’s focus is on acquiring and managing oil and gas royalties. Freehold’s common shares trade on the Toronto Stock Exchange in Canada under the symbol FRU. For further information, contact:Freehold Royalties Ltd.Matt DonohueManager, Investor Relations & Capital Marketst. 403.221.0833f. 403.221.0888tf. 1.888.257.1873e. mdonohue@rife.comw. www.freeholdroyalties.com   

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