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Day: January 21, 2022

Topicus.com Inc. Announces Release Date for Fourth Quarter Results

TORONTO, Jan. 21, 2022 (GLOBE NEWSWIRE) — Topicus.com Inc. (TSXV:TOI) announced today it intends to release its fourth quarter results on February 8, 2022. The Company’s quarterly results will be disseminated via press release and made available on the Company’s website (www.topicus.com) and SEDAR, after markets close on Tuesday, February 8, 2022.   About Topicus.com Inc. Topicus’ subordinate voting shares are listed on the Toronto Venture Stock Exchange under the symbol “TOI”. Topicus acquires, manages and builds vertical market software businesses. Contact: Jamal BakshChief Financial Officer 416-861-9677

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Notice of 2021 Fourth Quarter Results Conference Call and Webcast for Investors and Analysts

Date: February 10, 2022Time: 1:00 p.m. (Eastern Time) EDMUNDSTON, New Brunswick, Jan. 21, 2022 (GLOBE NEWSWIRE) — Acadian Timber Corp. will release its 2021 fourth quarter results after market close on February 9, 2022, which will be available on our website at www.acadiantimber.com under “Press Releases”. The release will be followed by a conference call and webcast on Thursday, February 10, 2022 at 1:00 p.m. (Eastern Time) to discuss with members of senior management our financial and operating results. To participate in the fourth quarter conference call, please dial +1-866-795-3013 toll free in North America (Canada and the USA) or, for overseas calls, +1-409-937-8907 (Conference ID 2651726) at approximately 12:50 p.m. (Eastern Time). The media and investing public may access this conference call via a listen in mode only....

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Performance Shipping Inc. Announces Date for its 2022 Annual General Meeting of Shareholders and Proposed Changes to Board of Directors

ATHENS, Greece, Jan. 21, 2022 (GLOBE NEWSWIRE) — Performance Shipping Inc. (NASDAQ: PSHG), (the “Company”), a global shipping company specializing in the ownership of tanker vessels, announced today that its Board of Directors (the “Board”) has scheduled the Company’s 2022 annual general meeting of shareholders (the “2022 AGM”) for February 28, 2022. The Board has set a record date for the 2022 AGM of January 25, 2022. Separately, the Company announces that its Board has approved changes to the composition of the Board, including the nomination of Alex Papageorgiou, Mihalis Boutaris and Loïsa Ranunkel for election as independent directors at the 2022 AGM. Their biographies are set forth below and will be included in the 2022 AGM proxy statement that is expected to be distributed to shareholders on or around February 3, 2022. The...

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RevoluGROUP Canada Inc. Announces $2 Million Private Placement Led by Steve Marshall

Vancouver, BC, Jan. 21, 2022 (GLOBE NEWSWIRE) — RevoluGROUP Canada Inc. (TSX-V: REVO), (Frankfurt: IJA2) (“the Company”) announces a non-brokered private placement of up to 10,000,000 units at a price of $0.20 each, to raise gross proceeds of up to $2,000,000. Each unit will consist of one common share and one warrant (each, a “Warrant”) exercisable to purchase one additional common share at a price of $0.40 each for a period of one (1) year from the date of issuance. The expiry of the Warrants may be accelerated at the sole discretion of the Company by written notice if the closing price for the Common Share on the TSX Venture Exchange shall be equal to or greater than CAD $0.44 for a minimum of ten (10) consecutive trading days. A sizable lead order for this Private Placement is from CEO Steve Marshall. The...

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OOOOO Announces Issuance of First Installment Payment Shares Under Services Agreement with AGORACOM

VANCOUVER, British Columbia, Jan. 21, 2022 (GLOBE NEWSWIRE) — OOOOO Entertainment Commerce Limited (“OOOOO”) (OOOO:TSXV, OOOOF:OTCQB), a mobile commerce platform, is pleased to announce that further to its news release on January 17, 2022, the Company has now received conditional approval from the TSX Venture Exchange (“TSXV”) to the online marketing agreement with AGORACOM. In connection with the services provided by AGORACOM, the Company has issued 43,750 common shares of the Company at a deemed price of $0.48 per share to AGORACOM as the first installment payment of $20,000 plus applicable taxes. About OOOOO Entertainment Commerce OOOOO Entertainment Commerce operates a technology platform that enables retailers, brands and entrepreneurs to share product-based opinions directly to consumers through live, interactive, shoppable...

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Mercer International Inc. Announces Completion of CDN$160 Million Revolving Credit Facility

NEW YORK, Jan. 21, 2022 (GLOBE NEWSWIRE) — Mercer International Inc., or “Mercer”, (Nasdaq: MERC) today announced that certain Canadian subsidiaries (the “Loan Parties”) of Mercer have entered into a new CDN$160 million joint asset-backed revolving credit facility (the “New Facility”) with a syndicate of North American bank lenders. The New Facility, which will be used for general corporate purposes, replaces two existing revolving credit facilities of certain of the Loan Parties aggregating CDN$100 million. The New Facility has a five year term and availability is based on a borrowing base. The New Facility is secured by substantially all of the Loan Parties’ assets. The New Facility will bear interest at a rate determined by reference to the Prime Rate, the BA Rate, the Base Rate or Adjusted...

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Oxford Lane Capital Corp. Schedules Third Fiscal Quarter Earnings Release and Conference Call for January 28, 2022

GREENWICH, Conn., Jan. 21, 2022 (GLOBE NEWSWIRE) — Oxford Lane Capital Corp. (Nasdaq: OXLC) (NasdaqGS: OXLCM) (NasdaqGS: OXLCP) (NasdaqGS: OXLCL) (NasdaqGS: OXLCO) (NasdaqGS: OXLCZ) announced today that it will hold a conference call to discuss its third fiscal quarter earnings on Friday, January 28, 2022 at 9:00 AM ET. The toll free dial-in number is 1-844-200-6205, access code number 681176. There will be a recorded replay of the call available for 30 days after the call. If you are interested in hearing the recording, please dial 1-866-813-9403. The replay pass-code number is 164921. About Oxford Lane Capital Corp.Oxford Lane Capital Corp. is a publicly-traded registered closed-end management investment company principally investing in debt and equity tranches of collateralized loan obligation (“CLO”) vehicles. CLO investments...

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Avista files multiyear rate plan in Washington

Company seeks recovery of costs for infrastructure investments while also providing tax benefits to customers SPOKANE, Wash., Jan. 21, 2022 (GLOBE NEWSWIRE) — Today Avista (NYSE: AVA) has filed a multiyear rate plan with the Washington Utilities and Transportation Commission (WUTC or Commission) that would allow the Company to recover costs for fixed expenses and ongoing investments to infrastructure, technology and more. If approved, new rates would be effective in Dec. 2022 and Dec. 2023. “We take our responsibility to provide you with energy at an affordable price very seriously,” Avista President and CEO Dennis Vermillion said. “In fact, the total average monthly cost of Avista’s residential electric service is almost 40% lower than the national average for investor-owned utilities. Our customers remain our primary focus as...

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ETC Announces Resignation of Chief Financial Officer

SOUTHAMPTON, Pa., Jan. 21, 2022 (GLOBE NEWSWIRE) — Environmental Tectonics Corporation’s (OTC Pink: ETCC) (“ETC” or the “Company”) today announced that Mark Prudenti has decided to leave his position as Chief Financial Officer to pursue an opportunity outside the company. ETC’s Board of Directors has initiated the process to identify qualified candidates to fill the position. Robert L. Laurent, Jr., ETC’s Chief Executive Officer, said, “We greatly appreciate the contributions that Mark made to ETC during his tenure here. I want to assure our investors that Mark’s decision was made for personal reasons and in no way reflects any concerns, either on his or ETC’s part, regarding ETC’s accounting practices, financial reporting or internal controls. We wish Mark well in his future endeavors and look forward to completing...

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Hersha Hospitality Trust Announces Dividend Classification for 2021

PHILADELPHIA, Jan. 21, 2022 (GLOBE NEWSWIRE) — Hersha Hospitality Trust (NYSE: HT); (“Hersha” or “the Company”), owner of high quality upscale hotels in urban gateway markets and coastal destinations, today announced the tax classification of its Series C Cumulative Redeemable Preferred Share (“Series C Preferred Shares”), Series D Cumulative Redeemable Preferred Share (“Series D Preferred Shares”) and Series E Cumulative Redeemable Preferred Share (“Series E Preferred Shares”) distributions for 2021 for Federal income tax reporting purposes. The tax information provided below should not be construed as tax advice and is not a substitute for careful tax planning and analysis. Shareholders should consult their tax advisors as to the tax treatment of the distributions.SERIES C PREFERRED SHARESRecord Dates   Paid Dates   Total...

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