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Day: May 16, 2022

Xalles and Xped Execute New Payment System Licensing Agreement to Support Global Savings Network

Global Savings Network will relaunch in 2022 taking advantage of the Shomei Payment Platform to support real time local and international payments WASHINGTON, DC, May 16, 2022 (GLOBE NEWSWIRE) — via NewMediaWire — Xalles Holdings Inc. (OTC: XALL), a fintech holding company providing technology and financial services solutions, has executed a new licensing agreement with Xped Holdings Pty. Ltd. (“Xped”) of Adelaide, Australia, for its Shomei Payment Platform (“Shomei”).  Global Savings Network Inc. (“GSN”), a wholly owned subsidiary of Xalles Financial Services Inc., will customize the Shomei real-time payment platform to create a new payment solution. The GSN business model is to support local not-for-profit organizations through passive fundraising. The Shomei-based GSN system will enable GSN consumers to make mobile payments...

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Notice of Extraordinary General Meeting of Lundin Energy AB

The shareholders of Lundin Energy AB (publ), 556610-8055, (the “Company”) are hereby given notice of the Extraordinary General Meeting to be held on Thursday 16 June 2022 at 09.00 a.m. (CEST). Important information regarding participation and votingThe Board of Directors has decided to hold the Extraordinary General Meeting as a virtual meeting combined with an option to vote by post in advance of the Extraordinary General Meeting in accordance with the Swedish Act on Temporary Exemptions to Facilitate the Execution of General Meetings in Companies and Associations. For terms and instructions for online participation and voting at the Extraordinary General Meeting, please refer to the section “Online participation and voting at the Extraordinary General Meeting” below. For terms and instructions for voting by post in advance of the Extraordinary...

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Allied Announces May 2022 Distribution

TORONTO, May 16, 2022 (GLOBE NEWSWIRE) — Allied Properties REIT (“Allied”) (TSX:AP.UN) announced today that the Trustees of Allied have declared a distribution of $0.1458 per unit for the month of May 2022, representing $1.75 per unit on an annualized basis. The distribution will be payable on June 15, 2022, to unitholders of record as at May 31, 2022. About Allied Allied is a leading operator of distinctive urban workspace in Canada’s major cities and network-dense UDC space in Toronto. Allied’s mission is to provide knowledge-based organizations with workspace and UDC space that is sustainable and conducive to human wellness, creativity, connectivity and diversity. Allied’s vision is to make a continuous contribution to cities and culture that elevates and inspires the humanity in all people. FOR FURTHER INFORMATION, PLEASE CONTACT: Michael...

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Blue Star Foods Reports First Quarter 2022 Financial Results Highlighted by 114% Revenue Growth to $5.3 Million

Miami, FL, May 16, 2022 (GLOBE NEWSWIRE) — Blue Star Foods Corp., (“Blue Star,” the “Company,” “we,” “our” or “us”) (NASDAQ: BSFC), an integrated Environmental, Social, and Governance (ESG) sustainable seafood company with a focus on Recirculatory Aquaculture Systems (RAS), today announced financial and operational results for the three months ended March 31, 2022. Key Financial Highlights for the Three Months Ended March 31, 2022, Compared to the Prior Year PeriodRevenue increased 114% to $5.3 million Gross profit increased 62% to $0.5 million Net loss increased 120% to $1.0 million – included a total of $0.7 million in non-cash or one-time non-recurring expenses Adjusted EBITDA loss increased 122% to $0.4 million Positive EBITDA from the three operating subsidiaries of $27,967 Totals assets increased 28% to $20.4 millionBusiness...

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Galaxy Gaming Reports Q1 2022 Financial Results

LAS VEGAS, May 16, 2022 (GLOBE NEWSWIRE) — Galaxy Gaming, Inc. (OTCQB: GLXZ), a developer and distributor of casino table games and enhanced systems for land-based casinos and iGaming content, announced today its financial results for the quarter ended March 31, 2022. Financial Highlights Q1 2022 vs. Q1 2021Revenue increased 38% to $5,919K Adjusted EBITDA increased 58% to $2,673K Net loss of $(14)K vs. net income of $89KBalance Sheet Changes (vs. December 31, 2021)Cash increased 7% to $17,242K Total long-term debt1 (gross) decreased to $60,184K from $60,500K Stockholders’ deficit decreased to $(16,837)K from $(17,286)KExecutive Comments “We got off to a good start for 2022,” said Todd Cravens, President and CEO. “Even though some our high-end customers in London remain affected by worldwide travel disruptions, we had record...

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Adial Pharmaceuticals Provides Business Update and Reports First Quarter 2022 Financial Results

Nears completion of ONWARD™ Phase 3 pivotal trial of AD04 for the treatment of Alcohol Use Disorder; on track to report Phase 3 results in the current quarter Ended first quarter with cash and cash equivalents of $12.7 million CHARLOTTESVILLE, Va., May 16, 2022 (GLOBE NEWSWIRE) — Adial Pharmaceuticals, Inc. (NASDAQ: ADIL; ADILW) (“Adial” or the “Company”) a clinical-stage biopharmaceutical company focused on developing therapies for the treatment and prevention of addiction and related disorders, today provided a business update and reported its financial results for the first quarter of 2022. William Stilley, Adial’s Chief Executive Officer, stated, “As previously reported, we completed the last patient visit in the ONWARD™ Phase 3 pivotal trial for AD04 for the treatment of alcohol use disorder (AUD) during the first quarter...

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Aprea Therapeutics Announces Acquisition of Atrin Pharmaceuticals Inc. and Reports First Quarter 2022 Financial Results

BOSTON, May 16, 2022 (GLOBE NEWSWIRE) — Aprea Therapeutics, Inc. (Nasdaq: APRE), a biopharmaceutical company focused on developing and commercializing novel cancer therapeutics targeting DNA damage response pathways today announced that it has acquired Atrin Pharmaceuticals Inc. (“Atrin”) and reported financial results for the three months ended March 31, 2022. Business Operations Update:  On May 16, 2022 Aprea completed the acquisition of Atrin, a privately held biotechnology company focused on the discovery and development of novel therapeutics targeting proteins in the DNA damage response, or DDR, pathway in oncology through synthetic lethality. The Company believes its cash and cash equivalents as of March 31, 2022 will be sufficient to meet its current projected operating requirements through the second half of 2023. With...

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Greenwave Reports Record Revenues of $9.92 Million in Q1 2022

The Company generated positive cashflows from operating activities and eliminated $44 million in derivative liabilities during the first quarter of 2022Empire Quarterly Revenues Quarterly revenues of Empire Services, Inc., a subsidiary of Greenwave Technology Solutions, Inc. (OTC:GWAV)NORFOLK, Va., May 16, 2022 (GLOBE NEWSWIRE) — Greenwave Technology Solutions, Inc. (“Greenwave” or the “Company”) (OTCPink:GWAV) is pleased to report that it generated revenues of $9.92 million during the first quarter of 2022, an increase of 66.91% from the $5.94 million in revenue Empire Services, Inc. (“Empire”) generated in the same period in 2021. Greenwave, through its subsidiary Empire, currently operates 11 metal recycling facilities in Virginia and North Carolina. The Company generated positive cashflows from operating...

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Healthcare Triangle, Inc (HCTI) Reports Results for the First Quarter of 2022

PLEASANTON, Calif., May 16, 2022 (GLOBE NEWSWIRE) — Healthcare Triangle, Inc (NASDAQ:HCTI), a leading provider of Healthcare and Life Sciences cloud transformation, managed services and data analytics platform reported results for the quarter ended March 31, 2022. All comparisons below are to the same year-ago period unless otherwise noted. Q1 2022 Financial HighlightsRevenue increased 39% to $11.1 million Gross profit increased 33% to $2.9 million Gross margins at 26%. Achieved first quarterly positive cash flow from operations.Q1 2022 Operational HighlightsAchieved HITRUST Risk-based, 2-year certification to manage risk, improve security posture, and meet compliance requirements. Executed a contract with a major pharma company to build a Neutral Zone to collaborate globally across multiple datasets by employing end-to-end...

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