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Day: January 13, 2022

Saratoga Investment Corp. Prices Offering of $75 Million of 4.35% Notes Due 2027

NEW YORK, NY, Jan. 13, 2022 (GLOBE NEWSWIRE) — Saratoga Investment Corp. (NYSE: SAR) (the “Company”) today announced that it priced a public offering of $75 million aggregate principal amount of 4.35% notes due 2027 (the “Notes”) on January 13, 2022. The Notes will be issued at a price of 99.317% of par, resulting in a yield-to-maturity of approximately 4.50%. The Notes will mature on February 28, 2027, and may be redeemed in whole or in part at any time or from time to time at the Company’s option at par plus a “make-whole” premium, if applicable. The Notes will bear interest at a rate of 4.35% per year payable semi-annually on February 28 and August 28 of each year, beginning August 28, 2022. Raymond James & Associates, Inc. is serving as sole book-running manager for this offering. Compass Point Research & Trading,...

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EDF updates its nuclear output estimate in France for 2022

  PRESS RELEASE13 January 2022      EDF updates its nuclear output estimate in France for 2022 EDF has revised its nuclear output estimate from 330 – 360 TWh to 300 – 330 TWh for 2022. This revision is the result of the extension of the outage period for 5 of EDF’s French nuclear reactors. During preventive maintenance checks on the reactor No. 1 of the Civaux nuclear power plant (in the Vienne department of France), scheduled as part of its ten-yearly in-service inspection, some defaults were detected close to the welds on the pipes of the safety injection system (SIS) circuit. Preventive checks were then carried out on the “Civaux 2”, “Chooz 1 and 2” reactors. They revealed similar defects on the “Civaux 2” and “Chooz 2” reactors. Checks and expert assessments are still in progress on the “Chooz 1” reactor...

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LSI Industries Announces Second Quarter Fiscal 2022 Results Conference Call Date

CINCINNATI, Jan. 13, 2022 (GLOBE NEWSWIRE) — LSI Industries Inc. (NASDAQ: LYTS, or the “Company”), a leading U.S. based manufacturer of commercial lighting and display solutions, today announced that it will release second quarter fiscal 2022 results before the market opens on Thursday, January 27, 2022. A conference call will be held that same day at 11:00 a.m. ET to review the Company’s financial results, discuss recent events and conduct a question-and-answer session. A webcast of the conference call and accompanying presentation materials will be available in the Investor Relations section of LSI Industries’ website at www.lsicorp.com. Individuals can also participate by teleconference dial-in. To listen to a live broadcast, go to the site at least 15 minutes prior to the scheduled start time in order to register, download...

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Vaccitech to Host Virtual KOL Event on VTP-300, a Potential Functional Cure for Chronic Hepatitis B (CHB) Infection, and the Broader CHB Therapeutics Landscape

Live webcast will be at 8:30 a.m. EST on January 25 OXFORD, United Kingdom, Jan. 13, 2022 (GLOBE NEWSWIRE) — Vaccitech plc (“Vaccitech”), a clinical-stage biopharmaceutical company engaged in the discovery and development of novel immunotherapeutics and vaccines, today announced it will host a virtual Key Opinion Leader (“KOL”) event on VTP-300, in development as a key component of a functional cure therapy for chronic hepatitis B (CHB) infection, and the broader CHB therapeutics landscape. The event will be webcast live on January 25th at 8:30 a.m. EST. Featured speakers:Dr. Kaushik Agarwal, consultant hepatologist and transplant physician at the Institute of Liver Studies at King’s College Hospital, Viral Hepatitis Service lead, and Director of the NIHR South London Clinical Research Network. Dr. Henry L. Y. Chan, head of the...

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FSI Announces Top Line Revenue for Fourth Quarter, 2021

VICTORIA, BRITISH COLUMBIA, Jan. 13, 2022 (GLOBE NEWSWIRE) — FLEXIBLE SOLUTIONS INTERNATIONAL, INC. (NYSE-AMERICAN: FSI, FRANKFURT: FXT), is the developer and manufacturer of biodegradable polymers for oil extraction, detergent ingredients and water treatment as well as crop nutrient availability chemistry. Flexible Solutions also manufactures biodegradable and environmentally safe water and energy conservation technologies. Today the Company announces a year over year Increase in revenues for fourth quarter (Q4), 2021. Sales were higher in Q4, 2021 than in Q4, 2020. Flexible Solutions’ top line revenue increased from $7.16million (Q4, 2020) to $8.82million (Q4, 2021), up approximately 23% year over year. CEO, Dan O’Brien comments, “Fourth quarter and full year revenue are up again. This year Flexible Solutions had to contend with...

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Kaiser Aluminum Corporation Announces a 7% Increase in Quarterly Dividend Payment

FOOTHILL RANCH, Calif., Jan. 13, 2022 (GLOBE NEWSWIRE) — Kaiser Aluminum Corporation (NASDAQ:KALU) today announced that its Board of Directors has declared a quarterly cash dividend of $0.77 per share representing a 7% increase over the prior quarter’s dividend. The dividend will be payable on February 15, 2022 to shareholders of record as of the close of business on January 24, 2022. “The Board’s decision to authorize an increase in the quarterly dividend reflects confidence in the long-term outlook for our business and opportunities to continue to create value for our shareholders,” said Keith A. Harvey, President and Chief Executive Officer. “We have built a strong diversified portfolio from which to support secular demand growth in each of our served markets and a platform for planned capital investments to further strengthen...

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Stem Holdings Reports Fiscal Full Year 2021 Financial Results

BOCA RATON, Fla., Jan. 13, 2022 (GLOBE NEWSWIRE) — Stem Holdings, Inc. (OTCQX: STMH) (CSE: STEM) (the “Company” or “Stem”), a vertically integrated cannabis operator, today reported its financial results for the fiscal year ended September 30, 2021. All amounts are expressed in U.S. dollars unless indicated otherwise and are prepared under International Financial Reporting Standards (“IFRS”). Management will host a conference call to discuss its financial results today, January 13th at 4:30 p.m. ET. Steve Hubbard, Interim CEO of Stem, commented, “In December 2021, we announced the divestiture of Driven Deliveries, its assets and liabilities. This divesture allows us to ‘Get back to our roots’. Currently, our initiative is focused on our operations in Oregon and California. Oregon, where we are vertically integrated with five retail...

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Perella Weinberg Partners Commences Public Offering of Class A Common Stock

NEW YORK, Jan. 13, 2022 (GLOBE NEWSWIRE) — Perella Weinberg Partners (the “Company” or “PWP”) (Nasdaq:PWP), a leading global independent advisory firm, today announced that it has commenced a public offering of 3,502,033 shares of Class A common stock (the “Offering”). The proceeds from the Offering will be used by the Company to purchase from certain non-employee holders (i) outstanding PWP Holdings LP Class A partnership units and (ii) outstanding shares of the Company’s Class B common stock. PWP will not retain any proceeds from the Offering. JMP Securities LLC is acting as the underwriter for the Offering. The Offering will be made only by means of a prospectus. A copy of the final prospectus related to the Offering may be obtained, when available, from JMP Securities LLC, 600 Montgomery Street, 10th Floor, San Francisco, CA...

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Exceptional measures announced by the French Government

  PRESS RELEASE13 January 2022      Exceptional measures announced by the French Government EDF acknowledges the announcement made today by the French Government on the measures aiming to limit the rise of electricity tariffs for 2022. As a reminder, the key measures consist of:An additional ARENH (1) allocation of 20TWh in 2022 (2); A postponement of a portion of the 2022 tariff increase over a 12-month period starting from February 1st, 2023, applying to the residential and “blue professional” regulated tariffs customers, as well as to all professional customers located in the non-interconnected zones, to limit their tariff increase of February 2022 at 4%.The financial consequences for EDF Group cannot be precisely determined at this stage. For illustrative purposes and based on the information available to the Group...

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UMH PROPERTIENS, INC. REDUCES FINANCING COSTS FOR CONSUMERS

FREEHOLD, NJ, Jan. 13, 2022 (GLOBE NEWSWIRE) — UMH Properties, Inc. (NYSE: UMH) today announced that it has reduced the interest rate for qualified home buyers from 5.99% to 4.99% with its third-party lending program.  Samuel A. Landy, President and Chief Executive Officer, commented “UMH has a mission to provide the nation with high quality affordable housing. Our performance over the past few years has resulted in a reduced cost of capital and we are utilizing a portion of this capital to enhance the affordability of our product. Our residents and potential residents deserve interest rates that are in line with conventional mortgages. While we are not there yet, we are proud to offer what may be the lowest rate in the industry.”  UMH Properties, Inc., which was organized in 1968, is a public equity REIT that owns and operates...

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