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Day: March 9, 2022

OTC Markets Group Reports Fourth Quarter and Full Year 2021 Results

Delivers Continued Strong Revenue and Earnings Growth Fourth Quarter and Full Year 2021 Highlights:Gross revenues of $102.9 million for the year, up 45% versus 2020 Operating income of $38.0 million for the year, up 77% versus 2020 Operating profit margin of 38.0% for the year versus 31.3% for 2020 Net income of $30.5 million for the year, up 67% versus 2020, driving a 65% increase in GAAP diluted EPS to $2.52 Total cash returned to shareholders during 2021 of $27.0 million, comprised of dividends of $25.5 million and repurchases of common shares of $1.5 million, up 49% versus 2020 212 new OTCQX companies added and 451 new OTCQB companies added during 2021 to end the year with 570 and 1,150 OTCQX and OTCQB companies, respectively 111% increase in the number of companies subscribing to our Disclosure & News Service® products 155...

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GeoVax Reports 2021 Year-End Financial Results and Provides Corporate Update

Advancing Phase 2 Clinical Trials for COVID-19 and Immuno-Oncology  ATLANTA, GA, March 09, 2022 (GLOBE NEWSWIRE) — via NewMediaWire — GeoVax Labs, Inc. (Nasdaq: GOVX), a biotechnology company developing immunotherapies and vaccines against infectious diseases and cancer, today announced its financial results for the year ended December 31, 2021 and provided an update on product development programs.  GeoVax’s management will host a live conference call and webcast at 4:30 p.m. Eastern Standard Time on Wednesday, March 9 to discuss financial results and provide a general business update. Details are provided further below. Two Phase 2 Clinical Trials Underway for SARS-CoV-2 GEO-CM04S1 for Immunocompromised Patients – GEO-CM04S1 is being studied in an ongoing Phase 2 clinical trial (NCT04977024) to evaluate its safety and...

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Canada’s First Co-Produced Geothermal Power Project Is Fully Financed

CALGARY, Alberta, March 09, 2022 (GLOBE NEWSWIRE) — Razor Energy Corp. (“Razor” or the “Company”) (TSXV: RZE) in conjunction with FutEra Power Corp. (“FutEra”), a wholly owned subsidiary of Razor, is pleased to announce it is entering a definitive agreement and closed senior debt financing of its Co-produced Geothermal Power Project in Swan Hills, Alberta (the “Project”). The Project will be held within FutEra’s wholly owned subsidiary Swan Hills Geothermal Power Corp. (“Swan Hills Power”). The construction of the Project will be funded by Arena Investors, LP (“Arena”) by way of amending the existing term loan agreement between Arena and Razor Royalties Limited Partnership (“RRLP”), a wholly owned subsidiary of Razor, (the “Amended and Restated Term Loan”) for an additional principal amount of US$11,042,403 (the “Term Loan...

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Atrium Mortgage Investment Corporation Announces $35 Million Public Offering of Convertible Unsecured Subordinated Debentures

THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. TORONTO, March 09, 2022 (GLOBE NEWSWIRE) — Atrium Mortgage Investment Corporation (TSX:AI, AI.DB.C, AI.DB.D, AI.DB.E and AI.DB.F) (“Atrium”) announced today that it has entered into an agreement with a syndicate of underwriters bookrun by TD Securities Inc. and RBC Capital Markets, pursuant to which the underwriters will purchase $35 million aggregate principal amount of 5.10% convertible unsecured subordinated debentures of Atrium due March 31, 2029 at a price of $1,000 per debenture. Atrium has also granted to the underwriters an over-allotment option to purchase up to an additional $5,250,000 aggregate principal amount of debentures at the same price, exercisable in whole or in part at any time for a period of up to...

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Artisan Partners Asset Management Inc. Reports February 2022 Assets Under Management

MILWAUKEE, March 09, 2022 (GLOBE NEWSWIRE) — Artisan Partners Asset Management Inc. (NYSE: APAM) today reported that its preliminary assets under management (“AUM”) as of February 28, 2022 totaled $159.8 billion. Artisan Funds and Artisan Global Funds accounted for $77.5 billion of total firm AUM, while separate accounts and other AUM1 accounted for $82.3 billion.PRELIMINARY ASSETS UNDER MANAGEMENT BY STRATEGY2         As of February 28, 2022 – ($ Millions)    Growth Team    Global Opportunities $23,541  Global Discovery 2,062  U.S. Mid-Cap Growth 14,235  U.S. Small-Cap Growth 4,611  Global Equity Team    Global Equity 2,391  Non-U.S. Growth 17,712  Non-U.S. Small-Mid Growth 8,288  China Post-Venture 215  U.S. Value Team    Value Equity 3,966  U.S. Mid-Cap Value 3,816  Value...

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NL REPORTS FOURTH QUARTER 2021 RESULTS

Dallas, Texas, March 09, 2022 (GLOBE NEWSWIRE) — NL Industries, Inc. (NYSE: NL) today reported net income attributable to NL stockholders of $14.9 million, or $.31 per share, in the fourth quarter of 2021 compared to $4.3 million, or $.09 per share, in the fourth quarter of 2020. NL results include an unrealized gain of $6.5 million in the fourth quarter of 2021 related to the change in value of marketable equity securities compared to $2.4 million in the fourth quarter of 2020. For the full year of 2021, NL reported net income attributable to NL stockholders of $51.2 million, or $1.05 per share, compared to $14.7 million, or $.30 per share in 2020. NL results include an unrealized gain of $16.2 million in the full year of 2021 related to the change in value of marketable equity securities compared to an $8.7 million unrealized...

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Kronos Worldwide Reports Fourth Quarter 2021 Results

Dallas, Texas, March 09, 2022 (GLOBE NEWSWIRE) — FOR IMMEDIATE RELEASE Kronos Worldwide, Inc. (NYSE:KRO) today reported net income of $31.6 million, or $.28 per share, in the fourth quarter of 2021 compared to $10.2 million, or $.09 per share, in the fourth quarter of 2020. For the full year of 2021, Kronos Worldwide reported net income of $112.9 million, or $.98 per share, compared to $63.9 million, or $.55 per share for the full year of 2020. We reported higher net income in the fourth quarter of 2021 as compared to the fourth quarter of 2020 primarily due to higher income from operations resulting from higher average TiO2 selling prices, partially offset by higher production costs, including raw material and energy costs. Net income in the full year of 2021 was higher than in the full year of 2020 primarily due to higher income...

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NeoGames Announces Fourth Quarter and Full Year 2021 Results

– Fourth Quarter Revenues and Share of NPI Revenues Interest total $21.3 million, up 15.2% year-over-year – – Full Year Revenues and Share of NPI Revenues Interest total $84.5 million, up 43.9% year-over-year – – Initiates Full Year 2022 Revenue and Share of NPI Revenues Guidance of between $90 and $97 million – LUXEMBOURG, March 09, 2022 (GLOBE NEWSWIRE) — NeoGames S.A. (Nasdaq: NGMS) (“NeoGames” or the “Company”), a technology-driven provider of end-to-end iLottery solutions, announced today financial results for the fourth quarter and fiscal year ended December 31, 2021. Moti Malul, Chief Executive Officer of NeoGames, said: “Sound commercial execution and unrivaled innovation in iLottery are continuing to drive growth for our customers. During the fourth quarter we saw growth in all of our key accounts with particular...

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Trean Insurance Group Reports Fourth Quarter and Full Year 2021 Results, Provides 2022 Outlook

Full Year 2021 Net Income of $19.3 Million – 25th Consecutive Profitable Year Commitment to Profitable Growth – Full Year 2021 Gross Written Premiums Grew 31% 57% Growth in Fourth Quarter Net Earned Premiums and 83% Growth for Full Year WAYZATA, Minn., March 09, 2022 (GLOBE NEWSWIRE) — Trean Insurance Group, Inc. (Nasdaq: TIG) (“Trean” or the “Company”), a leading provider of products and services to the specialty insurance market, today reported results for the fourth quarter and full year ended December 31, 2021. Fourth Quarter and Full Year 2021 HighlightsGross written premiums were $153.3 million in the fourth quarter, an increase of 14% compared to the same prior-year period. Full Year 2021 gross written premiums grew 31% to $634.2 million, compared to the prior year, strongly positioning the Company for profitable...

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NI Holdings, Inc. Files Results for Fourth Quarter and Year Ended December 31, 2021

FARGO, N.D., March 09, 2022 (GLOBE NEWSWIRE) — NI Holdings, Inc. (NASDAQ: NODK) today reported net income attributable to NI Holdings of $6.1 million ($0.29 per share) and return on average equity of 7.2% for the quarter ended December 31, 2021, compared to net income of $21.6 million ($1.01 per share) and return on average equity of 25.9% in the prior year quarter. For the year ended December 31, 2021, NI Holdings reported net income of $8.4 million ($0.39 per share) and return on average equity of 2.4%, compared to net income of $40.4 million ($1.86 per share) and return on average equity of 12.4% in the prior year. The Company reported an increase of 7.4% in direct written premiums for the quarter ended December 31, 2021, and an increase of 8.9% year-over-year. NI Holdings Q4 2021 Financial Highlights:Dollars in thousands, except...

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