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Month: June 2022

CAPREIT Announces Release of 2021 ESG Report

TORONTO, June 10, 2022 (GLOBE NEWSWIRE) — Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX:CAR.UN) announced today that it issued its third annual Environmental, Social, and Governance (“ESG”) Report providing an overview of the company’s ESG strategies, policies, and commitments, and highlighting the progress made in 2021. “Our ESG strategies reflect our understanding that the evolving global market has introduced new opportunities for value creation. Our integrated ESG programs help us proactively capitalize on these opportunities, and we will continue to prudently invest in our properties, our team, and the communities in which we operate,” commented Mark Kenney, President and CEO. “Through these strategic alignments, we believe we will generate enhanced returns for our Unitholders while making meaningful...

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D2L Inc. Announces Election of Directors

TORONTO, June 10, 2022 (GLOBE NEWSWIRE) — D2L Inc. (TSX: DTOL) (“D2L” or the “Company”), a global learning technology company, today announced that the nominees listed in its management information circular were elected as directors of the company at its Annual Meeting of Shareholders held on June 9, 2022. The results of the vote for the election of directors are as follows:Nominee Votes For % Votes For Votes Withheld % Votes WithheldJohn Baker 281,971,522 100.00% 3,011 0.00%Tim Connor 278,970,440 98.93% 3,004,093 1.07%J. Ian Giffen 281,962,252 100.00% 12,281 0.00%Robert Courteau 281,970,772 100.00% 3,761 0.00%Tracy Edkins 281,963,452 100.00% 11,081 0.00%David L. Johnston 281,964,202 100.00% 10,331 0.00%About D2L Inc. (TSX: DTOL) D2L is transforming the way the world learns—helping learners of all ages achieve...

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Cityview Acquires Oceano Apartment Community in Woodland Hills

Oceano Apartment Community Oceano apartment community in Woodland Hills acquired by CityviewLOS ANGELES, June 10, 2022 (GLOBE NEWSWIRE) — Cityview, a vertically-integrated multifamily investment management and development firm, today announced the acquisition of Oceano, an apartment community in the Woodland Hills submarket of Los Angeles. The four-story, podium-style apartment community features 244 one-bedroom and two-bedroom units, originally built in 2012. Oceano is located in one of the fastest-growing locales in Los Angeles, with nearly 50,000 jobs in the 1.5 square mile radius of Warner Center. This thriving submarket is in the heart of the largest employment center in the San Fernando Valley and is adjacent to the 101 Tech Corridor, Conejo Valley, Sherman Oaks, Burbank, and Hollywood Center employment hubs. Warner Center...

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Omega Flex, Inc. Announces Regular Quarterly Dividend for the Second Quarter 2022

EXTON, Pa., June 10, 2022 (GLOBE NEWSWIRE) — Omega Flex, Inc. (the “Company”) (NASDAQ: OFLX) today announced that the Board of Directors declared a regular quarterly dividend of $0.32 per share payable on July 5, 2022, to shareholders of record on June 24, 2022. Kevin R. Hoben, the Company’s chairman stated that: “The sustained growth of Omega Flex, Inc. recommended an increase in the regular quarterly dividend. As the Company emerges from this challenging time for the country and the economy, this increase is the best indication of our belief in the Company’s ability to weather this storm.” In determining the amount of future regular quarterly dividends, the Board will review the cash needs of the Company, and based on results of operations, financial condition, capital expenditure plans, and consideration of possible acquisitions,...

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Fanhua Announces Details of Distribution of CNFinance Shares

GUANGZHOU, China, June 10, 2022 (GLOBE NEWSWIRE) — Fanhua Inc. (the “Company” or “Fanhua”) (Nasdaq: FANH), a leading independent financial services provider in China, today announced the details of its previously announced distribution of shares of CNFinance Holdings Limited (“CNFinance”), whose ADSs are currently traded on the New York Stock Exchange (NYSE: CNF). Based on 1,074,291,784 ordinary shares of Fanhua outstanding as of June 9, 2022, or the Record Date, Fanhua will distribute 252,995,600 ordinary shares of CNFinance to Fanhua shareholders on a pro rata basis. Fanhua shareholders will receive 4.71 CNFinance ordinary shares for each 20 outstanding Fanhua ordinary shares held as of the Record Date, or 0.2355 CNFinance ADSs for each Fanhua ADS, held as of the close of business on the record date set by the depositary for...

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8i Acquisition 2 Corp. and EUDA Health Limited Announce Amendment to Share Purchase Agreement

Singapore, June 10, 2022 (GLOBE NEWSWIRE) — 8i Acquisition 2 Corp. (the “Company” or “LAX”) (NASDAQ: LAX), a publicly traded special purpose acquisition company, and EUDA Health Limited (“EUDA Health”), a Singapore-based digital health platform that aims to make healthcare more affordable, accessible, and improve the patient experience by delivering improved outcomes through personalized healthcare, today announced an amendment to the Share Purchase Agreement (the “SPA Amendment”) to, among other things, reduce the consideration payable by LAX to EUDA Health, and limit the earn-out payment available to the seller of EUDA Health in connection with the Share Purchase. As previously announced, LAX entered into the Share Purchase Agreement dated April 11, 2022 (the “SPA”), with EUDA Health, Watermark Developments Limited, a British...

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Cal Water Now in Stage 2 of Water Shortage Contingency Plan in All Districts, Irrigation Restrictions in Effect

SAN JOSE, Calif., June 10, 2022 (GLOBE NEWSWIRE) — As part of its drought management and response plan, California Water Service (Cal Water) officially enters Stage 2 of its Water Shortage Contingency Plan today in its Antelope Valley, Dixon, King City, Salinas, and Selma Districts. This brings all of Cal Water’s districts throughout the state into Stage 2, and is in alignment with Gov. Gavin Newsom’s March 28, 2022, Executive Order and the State Water Resources Control Board’s Emergency Water Conservation Regulation. Stage 2 includes additional outdoor watering limits and higher water waste penalties. The utility regularly monitors and evaluates local water supply conditions, and began moving its service areas into Stage 2 as early as late last year as circumstances warranted it. “Our customers did a great job stepping up and...

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Cematrix to Participate in Investor Webcast Presentation

CALGARY, Alberta, June 10, 2022 (GLOBE NEWSWIRE) — CEMATRIX Corporation (TSXV: CVX) (OTCQB: CTXXF) (“CEMATRIX” or the “Company”) a North American leading manufacturer and supplier of technologically advanced cellular concrete products announced that the Company will be giving a formal investor presentation hosted by Bristol Capital. Jeff Kendrick, CEMATRIX Chief Executive Officer, is scheduled to present on June 16, 2022, at 2:00 PM EDT / 11:00 AM PDT. A question-and-answer period will take place after the formal presentation. Interested parties looking to attend the webinar can register in advance at the following link: https://event.webcasts.com/starthere.jsp?ei=1545481&tp_key=6f7423c3b6. A replay option will also be available on the Company’s website at:   http://www.cematrix.com/investors/presentations-and-webcasts/ ABOUT...

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Seneca Foods Reports Sales and Earnings for the Quarter and Twelve Months Ended March 31, 2022

MARION, N.Y., June 10, 2022 (GLOBE NEWSWIRE) — Seneca Foods Corporation (NASDAQ: SENEA, SENEB) today announced financial results for the fourth quarter and twelve months ended March 31, 2022. Executive Summary (vs. year-ago, year-to-date results):Net sales for the twelve months ended March 31, 2022 totaled $1,385.3 million as compared to $1,467.6 million for the twelve months ended March 31, 2021. Of the $82.3 million year-over-year decrease in net sales, $71.9 million resulted from the divesture of the prepared foods business in fiscal year 2021. Excluding this divesture the remaining decrease was primarily due to lower sales volume of $93.0 million partially offset by higher selling prices/improved sales mix of $82.6 million. Gross margin as a percentage of net sales for the twelve months ended March 31, 2022 was 10.7% as compared...

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Aegion Announces Acquisition of EN-TECH Corporation’s Cured-in-Place Lining Division

The North American Leader in Technology-Enabled Water Solutions Welcomes EN-TECH to Its Portfolio ST. LOUIS, June 10, 2022 (GLOBE NEWSWIRE) — Aegion Corporation, a leading provider of infrastructure maintenance, rehabilitation, and technology-enabled water solutions, today announced the acquisition of EN-TECH Corporation’s cured-in-place pipe (CIPP) lining division. EN-TECH, headquartered in Closter, N.J., has been a leading provider of pipe maintenance and rehabilitation solutions across the Northeast since 1983. The acquisition of EN-TECH’s CIPP lining division will accelerate and innovate Aegion’s operational capabilities, enhance its technological solutions, and expand its geographic presence. “We are excited to welcome the EN-TECH team to Aegion and widen our geographic reach and service offerings to our customers,” said Rob...

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