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Day: April 14, 2022

Escalade Reports First Quarter 2022 Results

EVANSVILLE, Ind., April 14, 2022 (GLOBE NEWSWIRE) — Escalade, Inc. (NASDAQ: ESCA, or the “Company”), a leading manufacturer and distributor of sporting goods and indoor/outdoor recreational equipment, today announced results for the first quarter 2022. FIRST QUARTER 2022 HIGHLIGHTS(As compared to the first quarter 2021)Net Sales increased 22.3% to $72.4 million Organic growth, excluding the contribution from acquisitions was 12.2% Gross margin declined 165 basis points, while Gross Profit increased 15.4% Operating income increased 26.6% to $9.0 million Net income increased to $6.7 million, or $0.49 per diluted share vs. $0.39 per share for Q1 2021 Announced $0.15 per share cash dividend to shareholders of record on May 31, 2022For the three months ended March 19, 2022, Escalade posted net sales of $72.4 million, net income...

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TanGold Achieves Low Cash Costs and Significant Gross Margin on Gold Sales

Reports Second Quarter ResultsPictured Below: Buckreef Gold Open Pit, Drill Rig in Northeast Extension, 360 tpd Processing Plant and Two New 360 tpd Ball Mills Arriving at Buckreef GoldTORONTO, April 14, 2022 (GLOBE NEWSWIRE) — Tanzanian Gold Corporation (TSX:TNX) (NYSE American:TRX) (TanGold or the Company) today announced results for the second quarter of 2022 (“Q2 2022”). Financial results for Q2 2022 will be available on the Company’s website and will be filed on SEDAR and provided on EDGAR on April 14, 2022. Q2 2022 was a significant milestone for the Company as, on account of gold sales, it was the first quarter in the Company’s history in which it recorded: (i) revenues; (ii) a significant gross profit margin; (iii) low cash cost1 of $796 per ounce of gold; and (iv) positive operating cash flow. These positive results,...

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Altra Completes Divestiture of Jacobs Vehicle Systems Business

BRAINTREE, Mass., April 14, 2022 (GLOBE NEWSWIRE) — Altra Industrial Motion Corp. (Nasdaq: AIMC) (“Altra” or the “Company”), a leading global manufacturer and supplier of motion control, power transmission and automation products, today announced that it has completed the previously announced divestiture of its Jacobs Vehicle Systems (JVS) business to Cummins Inc. for $325 million in cash. “We are pleased to announce the completion of this important transaction which will strengthen our balance sheet and capital allocation optionality,” said Carl Christenson, Altra’s Chairman and Chief Executive Officer. “The sale of JVS was a key step in our strategy to focus our portfolio on highly engineered products in the motion control and power transmission markets and further establish Altra as a premier industrial company.” Altra expects...

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Emza’s Ultra-Low-Power WiseEye™ Solution Powers Vision AI Features in Dell’s New Laptops

Human Detection Algorithms Save Energy; Enhance User Privacy and Security TAINAN, Taiwan, April 14, 2022 (GLOBE NEWSWIRE) — Emza Visual Sense, a pioneer in Tiny AI visual sensing and wholly owned subsidiary of Himax Technologies (NASDAQ: HIMX), a leading supplier and fabless manufacturer of display drivers and other semiconductor products, today announced that its revolutionary WiseEye™ technology is providing innovative AI-based visual sensing technology in a range of new Latitude, Inspiron and Precision laptops from Dell. The ultra-low-power WiseEye NB system runs unique Machine Learning (ML) and Neural Network based algorithms to enable advanced human detection features in the new laptops. WiseEye’s always-on, ultra-low-power sensor enables applications for enhanced user experience, privacy and security, and it works with the...

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EnviroGold Global Appoints Mr. Bruce Higson-Smith as Director, Adding 40yrs of Executive Leadership, Technical Knowledge & Capital Markets Expertise to the Board

TORONTO, April 14, 2022 (GLOBE NEWSWIRE) — EnviroGold Global Limited (CSE: NVRO | OTCQB: ESGLF |FSE: YGK) (“EnviroGold Global” or the “Company“), a Clean Technology Company accelerating the world’s transition to a circular-resource economy through the production of Metals Without Mining, is pleased to announce the appointment of Mr. Bruce Higson – Smith to the Company’s Board of Directors, effective May 16th, 2022. Having served on the board of 4 public companies, Bruce is a senior executive with over 40yrs of mining, metals and capital markets experience, including 25yrs of experience as a senior executive for firms including Golden Star Resources Ltd (NYSE AMEX: GSS), where he led the firm’s corporate strategy and M&A initiatives including debt and equity transactions in excess of $650M. Prior to that he was a portfolio...

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With 21.1% CAGR, Medical Tourism Market Size worth USD 53.51 Billion in 2028

The worldwide medical tourism market size reached USD 11.56 billion in 2020. The market value is predicted to rise from USD 13.98 billion in 2021 to USD 53.51 billion in 2028 at a CAGR of 21.1% between 2021 and 2028. Pune, India, April 14, 2022 (GLOBE NEWSWIRE) — The worldwide medical tourism market size reached USD 11.56 billion in 2020. The market value is predicted to rise from USD 13.98 billion in 2021 to USD 53.51 billion in 2028 at a CAGR of 21.1% between 2021 and 2028. Dramatic advances in the healthcare sector fueled by the introduction of novel medical devices and non-invasive procedures are fueling the rise of medical tourism globally, states Fortune Business Insights™ in its report titled “Medical Tourism Market, 2021-2028”.      Medical tourism has gained immense traction across the world, especially across developed...

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With 32.1% CAGR, Telehealth Market Size worth USD 636.38 Billion in 2028

Prominent Players Covered in the Telehealth Market Research Report are American Well (Boston, U.S.), MDLIVE Inc. (Sunrise, U.S), Teladoc Health Inc. (Purchase, U.S.), Doctor on Demand Inc. (San Francisco, U.S.), Dictum Health Inc. (Oakland, U.S.), Grand Rounds Inc. (San Francisco, U.S.), OpenTeleHealth (Balticagade, Denmark), and others Pune, India, April 14, 2022 (GLOBE NEWSWIRE) — The global telehealth market size is anticipated to reach USD 636.38 billion by 2028 and exhibit a CAGR of 32.1% during the forecast period. Rising adoption of telehealth services to combat the rapid spread of the COVID-19 infection will play a key role in boosting market growth. Fortune Business Insights™ presented this information in its report titled, “Telehealth Market, 2021-2028”. The market size stood at USD 144.38 billion in 2020.Industry...

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Medaro Spodumene Processing Technology Enters Advanced Stage of Development

— Success in producing high-purity Li2CO3 followed by success in recovering Al(OH)3 VANCOUVER, British Columbia, April 14, 2022 (GLOBE NEWSWIRE) — Medaro Mining Corp. (CSE: MEDA) (OTC: MEDAF) (FWB: 1ZY) (“Medaro” or the “Company”), a multi-faceted organization featuring an innovative spodumene processing technology and a cleantech mineral exploration and mining program, is pleased to report that its spodumene processing technology has progressed to a more advanced stage of development in the bench-scale production of high-purity Li, Al and SiO2 materials. After confirming the ability to crystallize 99.98% pure Li2CO3 from spodumene-sourced Li (see the Medaro news announcement of March 17, 2022), the focus of Medaro laboratory work has shifted to isolating Al-rich liquid and solid materials, and subsequently treating them...

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Share Buyback Transaction Details April 7 – April 13, 2022

Share Buyback Transaction Details April 7 – April 13, 2022 April 14, 2022 – Wolters Kluwer today reports that it has repurchased 135,348 of its own ordinary shares in the period from April 7, 2022, up to and including April 13, 2022, for €13.3 million and at an average share price of €98.48.    These repurchases are part of the share buyback program announced on February 23, 2022, under which we intend to repurchase shares for up to €600 million during 2022. The cumulative amounts repurchased to date under this program are as follows: Share Buyback 2022Period Cumulative shares repurchased in period Total consideration(€ million) Average share price(€)2022 to date 2,033,676 187.0 91.96For the period starting February 25, 2022, up to and including May 2, 2022, we have engaged a third...

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Scanfil revises its turnover upwards for 2022 and reiterates its outlook for operating profit

Scanfil plc     Inside Information     14 April 2022 at 11.00 a.m. EET Scanfil revises its turnover upwards for 2022 and reiterates its outlook for operating profit Due to purchases carried out to secure the availability of materials and components, especially spot-market purchases of semiconductors, Scanfil revises its turnover upwards for 2022. In 2021, these purchases carried out to secure customer deliveries totaled EUR 32.0 million and they were mainly executed in the second half of the year. The company expects the level to remain high in 2022, which resulted the change in the company’s outlook. The outlook change in the turnover do not have an effect on operating profit; the outlook range remains at EUR 43–48 million. The new outlook for 2022: Scanfil estimates that its turnover for 2022 will be EUR 750–820 million and its adjusted...

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