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Day: April 20, 2022

The Flowr Corporation Announces Sale of Holigen Holdings for $35 million

Highlights:Flowr has entered into a definitive agreement to sell Holigen to Akanda for aggregate consideration of approximately $35 million, including approximately $5.1 million of indebtedness being assumed by Akanda under the transaction, representing value of approximately $0.08 per share. The proposed Transaction also resulted in the immediate funding of operating expenses at Holigen. Flowr to preserve upside in E.U. business by receiving significant Akanda share consideration. The proposed Transaction significantly improves Flowr’s financial position by increasing cash by approximately $4.8 million and reducing indebtedness by approximately $5.1 million. In connection with the proposed Transaction, Akanda has agreed to subscribe for $1 million of common shares of Flowr, subject to the approval of the TSXV. The subscription ensures...

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Draganfly to Speak at Law-Tech Connect™ Workshop During AUVSI XPONENTIAL 2022

Los Angeles, CA., April 20, 2022 (GLOBE NEWSWIRE) — Draganfly Inc. (NASDAQ: DPRO) (CSE: DPRO) (FSE: 3U8) (“Draganfly” or the “Company”), an award-winning, industry-leading drone solutions and systems developer, is pleased to announce that Paul Mullen will participate in the inaugural Law-Tech Connect™ Workshop, produced by the esteemed P3 Tech Consulting LLC (“P3 Tech”). Co-located with AUVSI XPONENTIAL 2022, the event is taking place on April 25, 2022 at the Orange County Convention Center in Orlando, Florida. P3 Tech has partnered with the Association for Unmanned Vehicle Systems International (“AUVSI”) for XPONENTIAL 2022, the world’s premier event for unmanned systems and autonomy. XPONENTIAL features immersive workshops in partnership with specialized organizations to provide training, in-depth insights, and solutions on targeted...

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Fuel Cell Market Size to Hit USD 28.95 Billion by 2028 | Exhibit a CAGR of 36.0%

The global fuel cells market is projected to surpass around USD 28.95 billion by 2028, and is expanding growth at a CAGR of 36.0% from 2021 to 2028; Increasing Focus on Reducing Greenhouse Emission to Favor Growth.Fuel Cell Market Size Fuel Cell MarketPune, India, April 20, 2022 (GLOBE NEWSWIRE) — The global fuel cell market size is expected to showcase considerable growth by reaching USD 28.95 billion by 2028. Fortune Business Insights in its latest report, titled, “Fuel Cell Market, 2021-2028.”, mentions that the market stood at USD 2.62 billion in 2020 and is likely to exhibit an impressive CAGR of 36.0% between 2021 and 2028. Factors such as favourable government policies to support the development of advanced hydrogen refuelling infrastructure and the increasing focus on reducing the greenhouse gases effects are attributable...

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Halal Nutraceuticals and Vaccines Market to grow at a 7.9% CAGR | MDC Research

Halal Nutraceuticals and Vaccines Market by Type (Halal Dietary Nutraceuticals, Halal Vaccines), Application (Sports Nutrition, General Well-Being, Immune & Digestive Health, Bone & Joint Health, Heart Health, Weight Loss) – Global Analysis & Forecast 2022-2030 Pune, April 20, 2022 (GLOBE NEWSWIRE) — The global halal nutraceuticals and vaccines market is driven by rising Muslim population globally, rising demand for halal products, and increased government initiatives to promote halal products. However, lack of suitable infrastructure to avoid cross-contamination between halal and non-halal production lines, and lack of adequate halal advisory & certification agencies to approve medical products are factors restraining the market to certain extent. Global Halal Nutraceuticals and Vaccines Market is estimated...

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Nasdaq Announces 11% Increase in Quarterly Dividend, Seeks Approvals to Execute 3-For-1 Stock Split

NEW YORK, April 20, 2022 (GLOBE NEWSWIRE) — Nasdaq, Inc. (Nasdaq: NDAQ) is announcing today that the Board has approved an 11% increase in the regular quarterly dividend, and that the company has begun seeking necessary shareholder and SEC approvals that would allow the company to execute a 3-for-1 stock split. Increase in quarterly dividend:The company has declared a regular quarterly dividend of $0.60 per share on the company’s outstanding common stock, an 11% increase. The dividend is payable on June 24, 2022 to shareholders of record at the close of business on June 10, 2022. Future declarations of quarterly dividends and the establishment of future record and payment dates are subject to approval by the Board of Directors.Planned 3-for-1 stock split:The company has announced its plan to request shareholder approval...

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MarketAxess Reports First Quarter 2022 Results

NEW YORK, April 20, 2022 (GLOBE NEWSWIRE) — MarketAxess Holdings Inc. (Nasdaq: MKTX) the operator of a leading electronic trading platform for fixed-income securities, and the provider of market data and post-trade services for the global fixed-income markets, today announced financial results for the first quarter of 2022. 1Q22 Financial and operational highlights*Revenues of $186.1 million; second highest level ever of quarterly revenue; record U.S. Treasury, emerging markets and municipal bond revenue. Total expenses of $98.0 million, up 7% on continued investment; up 5%, excluding acquired intangible amortization. $105.8 million in EBITDA and EBITDA margin of 56.8%. Diluted EPS of $1.71 includes a net $0.02 per share negative impact from tax and other, net special items; Company reconfirms full-year 2022 effective tax rate...

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Endeavour to Announce Its Q1-2022 Results on 5 May 2022

ENDEAVOUR TO ANNOUNCE ITS Q1–2022RESULTS ON 5 MAY 2022 London, 20 April 2022 – Endeavour Mining plc (LSE:EDV, TSX:EDV, OTCQX:EDVMF) will release its Q1-2022 financial results on Thursday 5 May, before the LSE market open. Management will host a conference call and webcast on the same day, Thursday 5 May, at 8:30 am ET / 1:30 pm GMT to discuss the Company’s financial results. The conference call and webcast are scheduled at: 5:30am in Vancouver 8:30am in Toronto and New York 1:30pm in London 8:30pm in Hong Kong and Perth The webcast can be accessed through the following link: https://edge.media-server.com/mmc/p/55p7fdw4 Analysts and investors are also invited to participate and ask questions using the dial-in numbers below: International: +44 (0) 207 192 8338North American toll-free: +1 877 870 9135UK toll-free: +44 (0) 800...

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Arhaus to Report First Quarter 2022 Financial Results on May 11, 2022

BOSTON HEIGHTS, Ohio, April 20, 2022 (GLOBE NEWSWIRE) — Arhaus (NASDAQ: ARHS), a rapidly growing lifestyle brand and omni-channel retailer of premium artisan-crafted home furnishings, will release its first quarter 2022 financial results before market open on Wednesday, May 11, 2022. The Company will host a conference call at 8:30 am Eastern Time the same day to review its financial and operational results and answer questions from the investment community. Investors will be able to access the press release and conference call webcast on the Company’s website, http://ir.arhaus.com. Details for the conference call follow:Date: Wednesday, May 11, 2022Time: 8:30 a.m. Eastern Time To listen via the internet:The call will be webcast on the Investor Relations section of the Company’s website, http://ir.arhaus.com. To listen via telephone:The...

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Greenlight Re Commences Underwriting at Lloyd’s Through Syndicate 3456

GRAND CAYMAN, Cayman Islands, April 20, 2022 (GLOBE NEWSWIRE) — Greenlight Capital Re, Ltd. (NASDAQ: GLRE) (“Greenlight Re” or the “Company”) has received Lloyd’s approval for Syndicate 3456 to commence underwriting, effective April 1st, 2022. Greenlight Innovation Syndicate 3456 was launched under the syndicate in a box (“SIAB”) model and has appointed Andy Gladwin as Active Underwriter. The syndicate will provide insurance capacity to insurtechs within Greenlight Re’s growing portfolio of insurtech partnerships. Simon Burton, Chief Executive Officer at Greenlight Re, said, “I am delighted that Greenlight Innovation Syndicate 3456 has commenced underwriting. Our Innovations unit is central to the Company’s strategy, and the syndicate will help us support our existing partnerships as well as grow our insurtech portfolio. I would...

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Universal Stainless Reports First Quarter 2022 Results

Quarter-end Backlog jumps to record $201.8 million, up 50% from Q4 2021 and 248% from Q1 2021 Q1 2022 Sales up 10.0% sequentially; Premium alloy sales up 26.9% from Q4 2021 Q1 2022 Gross margin is 8.5% of sales including AMJP grant benefit Q1 2022 Net loss is $1.6 million, or $0.18 per diluted share Q1 2022 EBITDA is $3.8 million; Adjusted EBITDA is $4.2 millionBRIDGEVILLE, Pa., April 20, 2022 (GLOBE NEWSWIRE) — Universal Stainless & Alloy Products, Inc. (Nasdaq: USAP) today reported that net sales for the first quarter of 2022 were $47.6 million, an increase of 10.0% from $43.2 million in the fourth quarter of 2021, and 28.4% higher than net sales of $37.0 million in the first quarter of 2021. Sales of premium alloys increased 26.9% in the first quarter of 2022 to $8.9 million, or 18.8% of sales, compared with $7.0...

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