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Month: May 2022

Enthusiast Gaming Issues Statement Addressing Misleading, Baseless Letter from Activist Greywood Investments

Enthusiast Gaming is well positioned to continue delivering rapid top line growth, while increasing gross profit at a significantly faster rate following strong Q1 results that beat consensus estimates Greywood is an investment vehicle that lacks transparency and seeks to take full control of Enthusiast Gaming’s Board without paying shareholders a control premium LOS ANGELES, May 24, 2022 (GLOBE NEWSWIRE) — Enthusiast Gaming Holdings Inc. (NASDAQ:EGLX; TSX: EGLX), (“Enthusiast Gaming” or the “Company”), an integrated gaming entertainment company, today issued the following statement addressing the misleading and baseless letter to the Company’s board of directors (the “Board”) sent by activist investor Greywood Investments, LLC (“Greywood”). Enthusiast Gaming regularly engages with its shareholders and continues to welcome constructive...

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Teck Announces Cash Tender Offer for up to US$500 million of Debt Securities

VANCOUVER, British Columbia, May 24, 2022 (GLOBE NEWSWIRE) — Teck Resources Limited (TSX: TECK.A and TECK.B, NYSE: TECK) (“Teck”) announced today that it commenced a cash tender offer (the “Tender Offer”) to purchase up to US$500 million aggregate principal amount (subject to increase or decrease by Teck, the “Aggregate Maximum Tender Amount”) of its outstanding notes listed in the table below (collectively, the “Notes” and each a “Series” of Notes), in the order of priority shown in the table below.Acceptance Priority Level CUSIP / ISIN Title of Security Aggregate Principal Amount Outstanding Reference U.S. Treasury Security Bloomberg Reference Page Fixed Spread (basis points)(1)1 878742AW5 / US878742AW53 6.250% Notes due 2041 US$794,717,000 3.250% U.S. Treasury due May 15, 2042 FIT1 2302 878742AE5 / US878742AE55 6.125%...

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Allegiance Bancshares, Inc. and CBTX, Inc. Shareholders Approve Merger

HOUSTON, May 24, 2022 (GLOBE NEWSWIRE) — Allegiance Bancshares, Inc. (NASDAQ: ABTX) (“Allegiance”), the holding company of Allegiance Bank, and CBTX, Inc. (NASDAQ: CBTX) (“CBTX”), the holding company of CommunityBank of Texas, N.A., announced today that their respective shareholders had approved the agreement for the merger of equals of Allegiance and CBTX. These approvals complete another step in the process to establish Stellar Bank, a premier local bank with the scale and capabilities to provide extraordinary service to a broad range of business and consumer customers throughout the Houston region and beyond. At the respective special meetings of Allegiance and CBTX shareholders held today, approximately 99.68% and 99.58%, respectively, of the shares voted were cast in favor of the proposal to approve the merger...

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Allegiance Bancshares, Inc. and CBTX, Inc. Shareholders Approve Merger

HOUSTON, May 24, 2022 (GLOBE NEWSWIRE) — Allegiance Bancshares, Inc. (NASDAQ: ABTX) (“Allegiance”), the holding company of Allegiance Bank, and CBTX, Inc. (NASDAQ: CBTX) (“CBTX”), the holding company of CommunityBank of Texas, N.A., announced today that their respective shareholders had approved the agreement for the merger of equals of Allegiance and CBTX. These approvals complete another step in the process to establish Stellar Bank, a premier local bank with the scale and capabilities to provide extraordinary service to a broad range of business and consumer customers throughout the Houston region and beyond. At the respective special meetings of Allegiance and CBTX shareholders held today, approximately 99.68% and 99.58%, respectively, of the shares voted were cast in favor of the proposal to approve the merger...

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Standard Lithium to Participate at Citi’s Lithium & Battery Day Thursday, May 26, 2022

VANCOUVER, British Columbia, May 24, 2022 (GLOBE NEWSWIRE) — Standard Lithium Ltd. (“Standard Lithium” or the “Company”) (TSXV: SLI) (NYSE.A: SLI) (FRA: S5L), an innovative technology and lithium project development company, today announced its participation at the upcoming Citi Lithium and Battery Virtual Day investor conference on May 26, 2022. Event: Citi’s 2022 Lithium & Battery Virtual DayTopic: Panel discussion: Emerging LithiumDate: Thursday, May 26, 2022Time: 9:30 AM – 10:05 AM ETLocation: Virtual — Webcast Link About Standard Lithium Ltd. Standard Lithium is an innovative technology and lithium development company. The Company’s flagship project is located in southern Arkansas, where it is engaged in the testing and proving of the commercial viability of lithium extraction from over 150,000 acres of permitted...

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Canadian Net REIT Announces the Acquisition of Four Properties in Nova Scotia and Quebec

MONTREAL, May 24, 2022 (GLOBE NEWSWIRE) — (TSX-V: NET.UN) Canadian Net Real Estate Investment Trust (“Canadian Net” or the “Trust”) is pleased to announce the acquisition of four properties in Nova Scotia and Quebec. Total consideration paid was $18,800,000 (excluding transaction costs) and was settled in cash. The purchase price represents a capitalization rate of approximately 6.5% for the portfolio. The acquisitions are as follows:The first acquisition is a 30,500 square foot retail store operated under the Giant Tiger banner in Truro, Nova Scotia, which closed on May 19, 2022. The second acquisition is a 29,698 square foot grocery store operated under the Metro banner located in Chénéville, Québec, which closed on May 24, 2022. The third acquisition is a 35,991 square foot grocery-anchored retail strip located in St-André-Avellin,...

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360 DigiTech Announces First Quarter 2022 Unaudited Financial Results and Declares Quarterly Dividend

SHANGHAI, May 24, 2022 (GLOBE NEWSWIRE) — 360 DigiTech, Inc. (QFIN) (“360 DigiTech” or the “Company”), a leading Credit-Tech platform in China, today announced its unaudited financial results for the first quarter ended March 31, 2022. First Quarter 2022 Business HighlightsAs of March 31, 2022, our platform has connected 122 financial institutional partners and 192.9 million consumers*1 with potential credit needs, cumulatively, an increase of 14.1% from 169.1 million a year ago. Cumulative users with approved credit lines*2 were 39.8 million as of March 31, 2022, an increase of 21.7% from 32.7 million as of March 31, 2021. Cumulative borrowers with successful drawdown, including repeat borrowers was 25.0 million as of March 31, 2022, an increase of 19.0% from 21.0 million as of March 31, 2021. In the first quarter of 2022, financial...

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Haymaker Acquisition Corp. III Announces Stockholder Approval of Business Combination with Biote

NEW YORK, May 24, 2022 (GLOBE NEWSWIRE) — Haymaker Acquisition Corp. III (Nasdaq: HYAC) (“Haymaker” or the “Company”), a publicly traded special purpose acquisition company, today announced that its stockholders voted to approve the previously announced business combination (the “Business Combination”) with Biote, and the related proposals, at Haymaker’s special meeting held on May 24, 2022. A Form 8-K disclosing the full voting results has been filed with the Securities and Exchange Commission. The closing of the Business Combination is anticipated to take place on or about May 26, 2022. Following closing of the Business Combination, the common stock and warrants of the combined company, called “biote Corp.,” are expected to commence trading on the Nasdaq Stock Exchange under the symbols “BTMD” and “BTMDW,” respectively, on May...

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Tiziana Life Sciences Ltd. Announces Annual Report Filed to Regain Nasdaq Compliance

Form 20-F Filed on May 23, 2022 Following Receipt of Notice from Nasdaq Regarding Filing Deadline of its Annual Report NEW YORK, May 24, 2022 (GLOBE NEWSWIRE) — Tiziana Life Sciences (Nasdaq: TLSA) (“Tiziana” or the “Company”), a biotechnology company enabling breakthrough immunotherapies via novel routes of monoclonal antibody delivery, announced today that it filed its Annual Report on Form 20-F for the year ended December 31, 2021 (the “Annual Report”) on May 23. Subsequent to the filing, the Company confirms that it has regained compliance with Nasdaq Listing Rules. About Tiziana Life SciencesTiziana Life Sciences is a clinical-stage biopharmaceutical company developing breakthrough therapies using transformational drug delivery technologies to enable alternative routes of immunotherapy. Tiziana’s...

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Star Bulk Carriers Corp. Reports Net Profit of $170.4 Million for the First Quarter of 2022 and Declares Quarterly Dividend of $1.65 Per Share

ATHENS, Greece, May 24, 2022 (GLOBE NEWSWIRE) — Star Bulk Carriers Corp. (the “Company” or “Star Bulk”) (Nasdaq: SBLK), a global shipping company focusing on the transportation of dry bulk cargoes, today announced its unaudited financial and operating results for the first quarter of 2022. Unless otherwise indicated or unless the context requires otherwise, all references in this press release to “we,” “us,” “our,” or similar references, mean Star Bulk Carriers Corp. and, where applicable, its consolidated subsidiaries. Financial Highlights     (Expressed in thousands of U.S. dollars, except for daily rates and per share data) First quarter First quarter  2022 2021Voyage Revenues $ 360,883 $ 200,467Net income/(loss) $ 170,364 $ 35,763Adjusted Net income...

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