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Day: February 7, 2022

Kforce Reports Fourth Quarter 2021 Revenue of $410.4 Million, Up Nearly 18% Year-Over-Year, Per Billing Day; Technology Revenues Up 32% Year-Over-Year, Per Billing Day; EPS of $0.98, Up 14.0% Year-Over-Year; Board of Directors Approves a 15% Increase in Dividend and Increase in Share Repurchase Authorization

TAMPA, Fla., Feb. 07, 2022 (GLOBE NEWSWIRE) — Kforce Inc. (Nasdaq: KFRC), a provider of professional staffing services and solutions, today announced results for its fourth quarter and full year 2021. Fourth Quarter 2021 Financial HighlightsRevenue for the quarter ended December 31, 2021 was $410.4 million compared to $354.0 million for the quarter ended December 31, 2020, an increase of 17.8%, per billing day. Technology revenue increased 32.0% year-over-year and 7.8% sequentially, per billing day. FA revenue decreased 25.5% year-over-year, per billing day, due to the expected decline in COVID revenues, but grew 2.4% sequentially, per billing day. Gross profit margins increased 80 basis points year-over-year in the quarter ended December 31, 2021 due to a greater mix of Direct Hire revenue and a slight expansion in Flex gross...

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Osisko Development Announces Upsize of Previously-Announced Non-brokered Private Placement

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES MONTRÉAL, Feb. 07, 2022 (GLOBE NEWSWIRE) — Osisko Development Corp. (“Osisko Development“) (ODV: TSX-V) is pleased to announce that, in response to overwhelming interest in its previously-announced non-brokered private placement (as amended, the “Offering“), the Offering will be upsized up to 31,500,000 subscription receipts of Osisko Development (“Subscription Receipts“) at a price of US$3.50 per Subscription Receipt for aggregate gross proceeds of up to approximately US$110.3 million. Osisko Development may elect to increase the size of the Offering by issuing additional Subscription Receipts, subject to approval of the TSX Venture Exchange. Each Subscription Receipt issued pursuant to the Offering will...

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PyroGenesis Announces $273,000 Plasma Torch Contract with European Research Centre to Reduce GHGs

MONTREAL, Feb. 07, 2022 (GLOBE NEWSWIRE) — PyroGenesis Canada Inc. (http://pyrogenesis.com) (NASDAQ: PYR) (TSX: PYR) (FRA: 8PY), a high-tech Company (hereinafter referred to as the “Company” or “PyroGenesis”), that designs, develops, manufactures and commercializes advanced plasma processes and sustainable solutions to reduce greenhouse gases (GHGs), announces today that it has signed a $273,000 plasma torch contract with a European research center (the “Client”), whose name and origin will remain anonymous for confidentiality and competitive reasons. The contract, valued at €189,000, or approximately C$273,000, is for PyroGenesis to manufacture and deliver a 50-kW methane plasma torch, which will be used by the Client to develop a process to convert hydrocarbons, including methane (a GHG), into useful chemicals such...

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New Ethan Allen Design Center Debuts in Westport

Ethan Allen Westport, CTRibbon CuttingDANBURY, Conn., Feb. 07, 2022 (GLOBE NEWSWIRE) — Ethan Allen, a leading global interior design company and a renowned manufacturer and retailer of quality home furnishings, has opened its seventh location in Connecticut: a new Design Center in Westport. The Design Center showcases Ethan Allen’s unique vision of American style while putting the value of Ethan Allen’s complimentary interior design service, enhanced by 3D digital design tools, at the fore. Clients will have space to work with professional interior designers at fully equipped workstations, viewing both detailed 3D floor plans and before-and-after images of their space on a large, high-resolution screen. Large screens bring these digital design plans, from single rooms to entire homes, to life, so clients can see...

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Slate Office REIT Completes Acquisition of C$254.8 Million Irish Entity That Owns a Portfolio of Office, Life Sciences and Lite-Industrial Real Estate in Ireland

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES TORONTO, Feb. 07, 2022 (GLOBE NEWSWIRE) — Slate Office REIT (TSX: SOT.UN) (the “REIT”), an owner and operator of office real estate, announces today that the Scheme of Arrangement1 in respect of the REIT’s Firm Offer2 to acquire all of the issued and outstanding shares of Yew Grove REIT plc (an Irish-incorporated real estate investment trust that is dual-listed on Euronext Dublin (Ireland) and the AIM market of the London Stock Exchange) (“Yew Grove”), for cash consideration of €1.017 per share (the “Proposed Acquisition”), became effective today, 7 February 2022, thereby completing closing of the Proposed Acquisition. The REIT has acquired a portfolio of 23 modern, fit-for-purpose properties underpinned by strong, credit-quality...

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HII Completes Initial Sea Trials of Virginia-class Submarine Montana (SSN 794)

NEWPORT NEWS, Va., Feb. 07, 2022 (GLOBE NEWSWIRE) — HII (NYSE:HII) announced today the successful completion of the initial sea trials last week of fast attack submarine Montana (SSN 794). The Virginia-class submarine, built at HII’s Newport News Shipbuilding division, spent several days at sea last week to test the ship’s systems and components. Testing included submerging the submarine for the first time and high-speed maneuvers while on the surface and submerged. HII teams will continue the testing program and will deliver the boat to the U.S. Navy later this year. “We are very proud to say the Montana and her crew performed exceptional,” said Jason Ward, Newport News Shipbuilding vice president of Virginia-class submarine construction. “Taking the ship to sea for the first time is a huge milestone for everyone involved....

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Proactive news headlines including Google, Trust Stamp, NEO Battery Materials, New Pacific Metals, Thor Explorations and ElectraMeccanica

New York , Feb. 07, 2022 (GLOBE NEWSWIRE) — Proactive, provider of real-time news and video interviews on growth companies listed in the US and Canada, has covered the following companies:Google sued for €2.1bn by Swedish price comparison firm PriceRunner click here Ximen Mining closes $2.5 million strategic investment by New Gold  click here Camino Minerals says granted drill permits to target high-grade, near-surface copper mineralization at Los Chapitos in Peru  click here Adcore’s efforts recognized as company is upgraded to Elite tier partner by Microsoft  click here NEO Battery doubles annual silicon anode output capacity target after receiving commercial plant site approval  click here Trust Stamp appoints Joshua Allen as CEO for its Malta and Rwanda subsidiaries  click here Pantheon Resources shares soar as first...

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Security Federal Corporation Announces Fourth Quarter Results and Record Annual Earnings

AIKEN, S.C., Feb. 07, 2022 (GLOBE NEWSWIRE) — Security Federal Corporation (“Company”) (OTCBB: SFDL), the holding company for Security Federal Bank (“Bank”), today announced earnings and results for the quarter and year ended December 31, 2021. The Company reported net income of $2.0 million, or $0.62 per share, for the quarter ended December 31, 2021 compared to $3.1 million, or $0.94 per share, for the same period in 2020. For the year ended December 31, 2021, net income increased $5.7 million, or 81.2%, to $12.8 million, or $3.93 per share, compared to $7.1 million, or $2.19 per share, during 2020. The increase in annual net income was primarily due to higher net interest income and non-interest income, specifically grant income, during 2021 combined with the release of reserves following significantly higher loan loss provisions...

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GreenLight agrees to field station in Spain to boost research and development for key plant health projects

GreenLight’s research station in SpainThe farmland will allow GreenLight to accelerate its transition of research and discovery compounds into the field.BOSTON, Feb. 07, 2022 (GLOBE NEWSWIRE) — GreenLight Biosciences, a biotechnology company focused on RNA research, design, and manufacturing for human, animal, and plant health, today announced its agreement to operate a field research station in Spain. Located south of Seville, a key agricultural area with intensive year-round production, the farmland will allow GreenLight to accelerate its transition of research and discovery compounds into the field. “The versatility of this site and its climate will enable us to conduct broad-spectrum testing for GreenLight’s emerging portfolio and support key projects, whether it’s plant diseases or insects,” says Andreas...

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Saga Communications, Inc. Announces Date and Time of 4th Quarter and Year End 2021 Earnings Release and Conference Call

GROSSE POINTE FARMS, Mich., Feb. 07, 2022 (GLOBE NEWSWIRE) — Saga Communications, Inc. (Nasdaq: SGA) announced today that it will release its 4th Quarter and Year End 2021 results at 9:00 a.m. EST on Thursday, March 10, 2022. The company will be holding a conference call on the same date at 1:00 p.m. EST. The dial-in numbers are as follows: Domestic and International Dial-in Number: (973) 528-0008 Conference Entry Code: 962315 The Company requests that all parties that have a question that they would like to submit to the Company to please email the inquiry by 10:00 a.m. EST on March 10, 2022, to SagaIR@sagacom.com. The Company will discuss, during the limited period of the conference call, those inquiries it deems of general relevance and interest. Only inquiries made in compliance with the foregoing will be discussed during...

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