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Day: January 18, 2022

Uniti Signs Long-Haul Dark Fiber Agreement with International Internet Provider

LITTLE ROCK, Ark., Jan. 18, 2022 (GLOBE NEWSWIRE) —  Uniti Group Inc. (“Uniti”) (Nasdaq: UNIT) announced today that it has signed a twenty-year contract with a large international internet provider, offering long-haul dark fiber connectivity to premier data centers in the Bay Area, Salt Lake City and Denver. This agreement provides scalable and secure transport over a 1,440 mile key route that connects the Bay Area to Denver, while also unlocking key markets for our international carrier customer. This recent agreement further reflects Uniti’s continued commitment and success of driving lease-up on our owned 126,000 fiber route mile national network. “This latest global customer contract proves Uniti is well-positioned to execute on our mission of providing the critical communications infrastructure needed to seamlessly connect...

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Erasca Strengthens Leadership Team with Two Key Executive Appointments

Lisa Tesvich-Bonora appointed as Chief People Officer Robert Shoemaker promoted to Senior Vice President of Research SAN DIEGO, Jan. 18, 2022 (GLOBE NEWSWIRE) — Erasca, Inc. (Nasdaq: ERAS), a clinical-stage precision oncology company singularly focused on discovering, developing, and commercializing therapies for patients with RAS/MAPK pathway-driven cancers, today announced the appointment of Lisa Tesvich-Bonora as Chief People Officer and the promotion of Robert Shoemaker to Senior Vice President of Research. “I am thrilled to welcome Lisa to the Erasca family. With over two decades of experience in creating collaborative and engaging environments where employees can thrive, she brings a wealth of strategic leadership expertise in organizational development and talent management,” said Jonathan E. Lim, M.D., Erasca’s chairman,...

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Global Crossing Airlines Hires Key Advisor to Launch South American Cargo Operations

MIAMI, Jan. 18, 2022 (GLOBE NEWSWIRE) — Global Crossing Airlines Group, Inc. (JET: TSX-V; JET.B: TSX-V; JETMF: OTCQB) (the “Company” or “GlobalX”) announces the engagement of Mr. Roberto Held as a strategic advisor with the responsibility for leading several initiatives in the Andean Region, specifically the launching of Cargo Operations. Roberto comes to this advisory with over 23 years of experience in varied industries, including Aviation, Banking, and Capital Markets. Mr. Held has more than six years of airline industry experience, including CFO at Avianca, where he was responsible for the Airline’s strategy, finance, and turnaround plan. In recent years, Mr. Held has supported the Civil Aviation Authority in Colombia, advised banks and investors around the impact of the pandemic in the aviation industry, and developed...

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Kymera Therapeutics Appoints Healthcare Industry Leader John Maraganore, Ph.D., to Board of Directors

WATERTOWN, Mass., Jan. 18, 2022 (GLOBE NEWSWIRE) — Kymera Therapeutics, Inc. (NASDAQ: KYMR), a clinical-stage biopharmaceutical company advancing targeted protein degradation to deliver novel small molecule protein degrader medicines, today announced the appointment of John Maraganore, Ph.D. to its Board of Directors. Dr. Maraganore joins Kymera’s Board after having led Alnylam Pharmaceuticals as founding CEO and Director and transformed the field of RNA therapeutics for the last nearly 20 years. “John has been a true pioneer and an inspiration for the whole biotech industry. As founding CEO of Alnylam, he has built one of the most successful biotech companies, evolving RNA therapeutics into a commercial stage therapeutic reality for patients around the globe.” said Nello Mainolfi, PhD, Co-Founder, President and Chief Executive...

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22nd Century Launching the First Reduced Nicotine Cigarette Authorized by the FDA That Helps You Smoke Less

VLN(R) PackagesVLN(R) Reduced Nicotine Content Cigarettes from 22nd Century GroupFDA Mandates Addition of Extra Claim “Helps You Smoke Less” on Packaging U.S. Pilot Market Launch with Major Retail Partner by March 2022BUFFALO, N.Y., Jan. 18, 2022 (GLOBE NEWSWIRE) — On December 23, 2021 the FDA announced an historic landmark decision in the fight against smoking when it authorized VLN® King and VLN® Menthol King from 22nd Century Group, Inc. (Nasdaq: XXII) as the first and only reduced nicotine content (RNC) cigarettes under its Modified Risk Tobacco Product (MRTP) designation. Scientific studies show the Company’s VLN® reduced nicotine content cigarettes “help you smoke less.” 22nd Century is now moving aggressively to bring VLN® to market. A pilot launch will begin in its first major metropolitan market by...

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Ackroo Announces 2021 Unaudited Results

Ackroo achieves quarter over quarter growth throughout 2021 HAMILTON, Ontario, Jan. 18, 2022 (GLOBE NEWSWIRE) — Ackroo Inc. (TSX-V: AKR; OTC: AKRFF) (the “Company”), a loyalty marketing, payments and point-of-sale technology and services provider, is pleased to report unaudited quarterly revenues of $1,657,915 for the period ended December 31st, 2021 and unaudited annual revenues of $5,978,683 for the year ended 2021. This represents similar results from the previous year and a 9-year cumulative average growth rate of 30% per year since the Company’s founding in 2012. The Company delivered $4,979,357 of annual recurring revenue, completed their 11th acquisition, and their fourth consecutive positive EBITDA year.   The complete financial results for Ackroo are available at www.sedar.com. Highlights include: 2021 announced quarterly...

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First Midwest Bancorp, Inc. Announces 2021 Fourth Quarter and Full Year Results

CHICAGO, Jan. 18, 2022 (GLOBE NEWSWIRE) — First Midwest Bancorp, Inc. (the “Company” or “First Midwest”), the holding company of First Midwest Bank (the “Bank”), today reported results of operations and financial condition for the fourth quarter and full year of 2021. Net income applicable to common shares for the fourth quarter of 2021 was $44 million, or $0.39 per diluted common share, compared to $50 million, or $0.44 per diluted common share, for the third quarter of 2021, and $37 million, or $0.33 per diluted common share, for the fourth quarter of 2020. For the full year of 2021, the Company reported net income applicable to common shares of $182 million, or $1.60 per diluted common share, compared to $98 million, or $0.87 per diluted common share, for the year ended December 31, 2020. Comparative...

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Old National reports 2021 record net income driven by commercial loan growth of 7.2%

EVANSVILLE, Ind., Jan. 18, 2022 (GLOBE NEWSWIRE) —Old National Bancorp (NASDAQ: ONB) reports 4Q21 net income of $56.2 million, diluted EPS of $0.34.Adjusted1 net income of $60.9 million, or $0.37 per diluted share.Full-year net income of $277.5 million, or $1.67 per diluted share.Adjusted1 net income of $286.5 million, or$1.73 per diluted share.CEO COMMENTARY:“Old National’s 4th quarter capped off a year of record earnings driven by robust commercial loan growth, strong credit quality and well controlled expenses,” said Chairman and CEO Jim Ryan. “I’m particularly pleased that we achieved these strong results while also working steadily to remain on-task to complete our anticipated merger with First Midwest Bank – which also enjoyed strong 4th quarter and full-year 2021 results.”FOURTH...

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Eagle Bulk Shipping Inc. to Present at Sidoti & Company Winter Small Cap Conference

STAMFORD, Conn., Jan. 18, 2022 (GLOBE NEWSWIRE) — Eagle Bulk Shipping Inc. (Nasdaq: EGLE) (“Eagle Bulk”, “Eagle”, or the “Company”), one of the world’s largest owner-operators within the midsize drybulk segment, announced that it will be participating at the Sidoti & Company’s Winter 2022 Virtual Investor Conference, which is to be held on January 19 and 20, 2022. Eagle’s Chief Executive Officer, Gary Vogel, will deliver a presentation at 12:15PM EST on January 20, 2022.    A live webcast of the presentation can be accessed through Sidoti’s conference portal. Investors may register to virtually attend the conference and view the presentation at www.sidoti.com/events. About Eagle Bulk Shipping Inc. Eagle Bulk Shipping Inc. (“Eagle” or the “Company”) is a US-based fully integrated shipowner-operator providing global transportation...

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Deep Auger Sampling Confirms Gold Anomalism at Moribala

Immediate Follow-Up is Planned on Three 1-km-Long Target ZonesFigure 1Property map showing the location of Compass’s new Moribala and Morila permits.Figure 2Location of the recently completed anomalous shallow soil samples and auger drilling sites. The positions of the ongoing ground geophysical surveys are also illustrated.TORONTO, Jan. 18, 2022 (GLOBE NEWSWIRE) — Compass Gold Corp. (TSX-V: CVB) (Compass or the Company) provides an update on the recently completed deep auger drilling program at Moribala and the shallow soil sampling program at Morila, both located on the Company’s Sikasso Property in Southern Mali (Figure 1). HighlightsAuger drilling confirmed the presence of deeper gold anomalism previously identified by licence-wide shallow soil sampling at Moribala Anomalies associated with...

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