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Day: January 25, 2022

Maravai LifeSciences Announces Upcoming Investor Events

R&D Day – January 28, 2022 Q4 Earnings Conference Call – February 23, 2022 SAN DIEGO, Jan. 25, 2022 (GLOBE NEWSWIRE) — Maravai LifeSciences, Inc. (NASDAQ: MRVI), a global provider of life science reagents and services to researchers and biotech innovators, will host a live video webcast of its Investor R&D Day on Friday, January 28, 2022. The event will feature presentations from the executive team on Maravai’s businesses, markets, and opportunities as well as a panel discussion with thoughts from key opinion leaders on trends in cell and gene therapies. A link to the webcast and accompanying slide presentation will be available in the “Investors” section of Maravai’s website, www.maravai.com, under the subheading “Events & Presentations.” A replay of the video webcast will be available following the...

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Amlan is Sowing Seeds of Progress With Next-Generation Natural Feed Additives for Poultry and Livestock Production

Amlan’s growing global investment in R&D and technical expertise in key global regions delivers next-generation mineral-based feed additive technologies. Already offering proven feed additives for global poultry and livestock production, Amlan introduces new natural, mineral-based feed additives for the US market to meet growing consumer demands for higher-quality animal protein raised without antibiotics. Emerging technologies for poultry and swine production optimize gut health in animals, support intestinal strength and encourage an animal’s innate response to disease pressures in a natural way.ATLANTA, Jan. 25, 2022 (GLOBE NEWSWIRE) — Advancements in natural feed additives are transforming animal protein production by providing proven and reliable products to improve the sustainability of poultry and livestock...

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Pinehurst Capital II Announces Signing of Definitive Agreement with Halcones Precious Metals Inc.

Toronto, Ontario, Jan. 25, 2022 (GLOBE NEWSWIRE) — Pinehurst Capital II Inc. (TSXV: PINH.P) (the “Corporation” or “Pinehurst”) has entered into an amalgamation agreement dated January 25, 2022 (the “Definitive Agreement”) with Halcones Precious Metals Inc. (“Halcones”), a private resource company incorporated under the laws of the Province of Ontario.  Pursuant to the Definitive Agreement, Pinehurst and Halcones have agreed to complete a three-cornered amalgamation (the “Transaction”) pursuant to which Pinehurst intends to acquire all of the issued and outstanding common shares of Halcones (the “Halcones Shares”) in exchange for the issuance of common shares of Pinehurst (“Pinehurst Shares”). Please see the Corporation’s November 12, 2021 press release for additional details regarding the Transaction. Following the completion of...

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B2Gold Namibia Exercises Call Option to Acquire Balance of Shares in Razorback

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES TORONTO, Jan. 25, 2022 (GLOBE NEWSWIRE) — Forsys Metals Corp. (TSX: FSY) (FSE: F2T) (NSX: FSY) (“Forsys” or the “Company”) is pleased to announce that B2Gold Mining Investments Limited and B2Gold Namibia (Proprietary) Limited (together “B2Gold”) has exercised its call option to increase its existing shareholding in Razorback Gold Mining Company (Pty) Limited (“Razorback”) to 100% (the “call option”). Pending the completion of the exercise, Forsys currently owns a 51% interest in Razorback. Razorback holds the Ondundu Exclusive Prospecting Licence (“EPL 3195”) for base, rare and precious metal exploration. The consideration for exercise of the call option is a net amount of US$7,716,118. being the option price of US$8,500,000 less the...

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Westport Fuel Systems Appoints New Director

VANCOUVER, British Columbia , Jan. 25, 2022 (GLOBE NEWSWIRE) — Westport Fuel Systems Inc. (“Westport Fuel Systems” or the “Company”) (TSX:WPRT / Nasdaq:WPRT) today announced the appointment of Philip Hodge to the company’s Board of Directors, effective January 25, 2022. “We are pleased to welcome Mr. Hodge to the Board of Directors at Westport Fuel Systems,” said Daniel Hancock, Chair of the Board. “Phil brings a wealth of experience to the Company as a public company executive, leader and corporate director with over 30 years of work experience spanning corporate legal practice, international business, investment banking, and mergers and acquisitions. He also has a deep background in alternative energy technology from his prior experience at Westport Innovations Inc. serving as a Board Director from 2012 to 2016 and his roles...

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TC Energy to issue fourth quarter results on Feb. 15

CALGARY, Alberta, Jan. 25, 2022 (GLOBE NEWSWIRE) — News Release – TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the Company) will hold a teleconference and webcast on Tuesday, Feb. 15, 2022 to discuss its fourth quarter financial results, which will be released pre-market. François Poirier, TC Energy President and Chief Executive Officer; Joel Hunter, Executive Vice-President and Chief Financial Officer; and other members of the executive leadership team will discuss the financial results and Company developments at 2 p.m. MST / 4 p.m. EST. Members of the investment community and other interested parties are invited to participate by calling 1-800-319-4610. No pass code is required. Please dial in 15 minutes prior to the start of the call. A live webcast of the teleconference will be available on TC Energy’s website at TCEnergy.com/events...

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CAPREIT Expands Presence in Strong British Columbia Market

TORONTO, Jan. 25, 2022 (GLOBE NEWSWIRE) — Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX:CAR.UN) announced today that it has completed the purchase of a six-storey 59-suite apartment and townhouse property located in downtown Kelowna, British Columbia. The property, completed in the spring of 2021, was acquired for $29.5 million, funded by CAPREIT’s Acquisition and Operating Facility and the assumption of a $17.1 million mortgage maturing on December 1, 2026. Occupancy was 94.9% at closing, with three townhomes previously used as short-term rentals vacant on closing. Management expects to rent these suites quickly given the property’s superior quality and location. The property consists of twelve two-bedroom townhome units with an average size of 1,094 square feet, and twenty one-bedroom apartment suites...

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First Savings Financial Group, Inc. Reports Financial Results for the First Fiscal Quarter Ended December 31, 2021

JEFFERSONVILLE, Ind., Jan. 25, 2022 (GLOBE NEWSWIRE) — First Savings Financial Group, Inc. (NASDAQ: FSFG – news) (the “Company”), the holding company for First Savings Bank (the “Bank”), today reported net income of $4.3 million, or $0.60 per diluted share, for the quarter ended December 31, 2021 compared to net income of $9.9 million, or $1.39 per diluted share, for the quarter ended December 31, 2020. Commenting on the Company’s performance, Larry W. Myers, President and CEO, stated: “We had a very strong quarter of loan growth, recognized a stable net interest margin excluding PPP loans, realized improved asset quality ratios, executed our first sale of single-tenant net lease loans, and continued to stabilize the financial performance of the mortgage banking segment while positioning it for growth...

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First Commonwealth Announces Fourth Quarter and Full Year 2021 Earnings; Declares Quarterly Dividend

INDIANA, Pa., Jan. 25, 2022 (GLOBE NEWSWIRE) — First Commonwealth Financial Corporation (NYSE: FCF) today announced financial results for the fourth quarter and full year of 2021. Financial Summary(dollars in thousands, For the Three Months Ended   For the Year Endedexcept per share data) December 31,   September 30,   December 31,   December 31,   December 31,    2021       2021       2020       2021       2020  Reported Results                  Net income $34,776     $34,092     $25,683     $138,257     $73,447  Diluted earnings per share $0.37     $0.36     $0.27     $1.44     $0.75  Return on average assets   1.45 %     1.42 %     1.12 %     1.47 %     0.82 %Return on average equity   12.36 %     12.14 %     9.48 %     12.55 %     6.82 %                   Operating Results (non-GAAP)(1)                  Core...

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Live Oak Bancshares, Inc. Reports Fourth Quarter 2021 Results

WILMINGTON, N.C., Jan. 25, 2022 (GLOBE NEWSWIRE) — Live Oak Bancshares, Inc. (Nasdaq: LOB) (“Live Oak” or “the Company”) today reported fourth quarter 2021 net earnings available to common shareholders of $30.1 million, or $0.66 per diluted share.   Net earnings for the year ended December 31, 2021, totaled $167.0 million, or $3.71 per diluted share. “Live Oak closed 2021 with one of our strongest quarters in the Company’s history,” said Live Oak Chairman and CEO James S. (Chip) Mahan, III. “For three consecutive quarters we have exceeded $1.0 billion in loan originations, with year-over-year organic growth of 32% in total loans outside of PPP and 24% in total deposits. We also ended the year by marking a new chapter in our model with the launch of our small business checking account on a next-generation platform. Live Oak continues...

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