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Month: June 2022

BOK Financial names Chet Samuelson Arizona market executive

Long-time exec Dave Ralston retiring as of Aug. 2 PHOENIX, June 08, 2022 (GLOBE NEWSWIRE) — Chet Samuelson has been named Arizona market CEO for BOK Financial as of July 11, 2022. Samuelson will assume the role upon the planned retirement of Dave Ralston who has served as market executive since 2005. “Dave has been an important part of our Arizona presence since we first entered the market,” said Marc Maun, BOK Financial regional banking executive. “BOK Financial remains focused on serving the needs of businesses, individuals and families in Phoenix, and we look forward to continuing to serve our community under Chet’s leadership.” The change comes as current market executive Dave Ralston, who has served as the market executive since 2005, announced his retirement as of Aug. 1, 2022. “I am proud of what we’ve built in Arizona and...

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Helium Evolution Announces $8.5 Million Financing and Proposed Farmout Agreement

Industry-leading helium operator, North American Helium, to participate with $3.5 million strategic equity investment CALGARY, Alberta, June 08, 2022 (GLOBE NEWSWIRE) — Helium Evolution Incorporated (TSXV:HEVI) (“HEVI” or the “Company” ), a Canadian-based helium exploration and production company focused on developing assets in southern Saskatchewan, has entered into an agreement with North American Helium Inc. (“NAH”) with respect to a proposed farmout agreement (the “Farmout Agreement“). NAH is a private helium company which is engaged in the exploration, development, production, refining and marketing of helium in North America. Concurrently with the entering into of the Farmout Agreement, the Company intends to complete (i) a private placement of units (“Units”) to NAH for total gross proceeds...

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Orca Announces Results of the Annual Meeting of Shareholders

TORTOLA, British Virgin Islands, June 08, 2022 (GLOBE NEWSWIRE) — Orca Energy Group Inc. (“Orca” or the “Company”) (TSX-V: ORC.A, ORC.B) is pleased to announce the voting results from its annual meeting of shareholders held on June 8, 2022 (the “Meeting“). The results for each of the resolutions set forth in the Company’s management proxy circular dated May 4, 2022 are set forth below: 1.                   Fixing the Number of Directors By ordinary resolution passed via ballot, the number of directors to be elected at the Meeting was fixed at five members. The results of the ballot were as follows:      Percentage of Votes Cast at the Meeting (%)  Class   For   Against  A   100.00%   0.00%  B   99.53%   0.47%2.                   Election of Directors By ordinary resolution passed via ballot, all...

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Navitas Highlights Long-Term Partnership with TSMC and Record GaN Shipments at TSMC 2022 Technology Symposium

Navitas’ 50,000,000 units shipped, 20-year warranty and CarbonNeutral®-company status reflect next-gen semiconductor milestonesNavitas Highlights Long-Term Partnership with TSMC and Record GaN Shipments at TSMC 2022 Technology Symposium Navitas Semiconductor (Nasdaq: NVTS), the industry-leader in gallium nitride (GaN) power integrated circuits, has announced its participation in the TSMC 2022 North America Technology Symposium on June 16, 2022, in Santa Clara, USA.EL SEGUNDO, Calif., June 08, 2022 (GLOBE NEWSWIRE) — Navitas Semiconductor (Nasdaq: NVTS), the industry-leader in gallium nitride (GaN) power integrated circuits, has announced its participation in the TSMC 2022 North America Technology Symposium on June 16, 2022, in Santa Clara, USA. GaN is a next-generation power semiconductor technology running 20 times faster...

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AssetMark to Attend the Morgan Stanley US Financials, Payments & CRE Conference

CONCORD, Calif., June 08, 2022 (GLOBE NEWSWIRE) — AssetMark Financial Holdings, Inc. (NYSE: AMK) today announced that the Company will attend the Morgan Stanley US Financials, Payments & CRE Conference on Wednesday, June 15 in New York, NY. The Company will host one-on-one and group meetings. Analysts and portfolio managers that wish to attend this conference or would like to request a meeting should contact Morgan Stanley. Additionally, AssetMark will present at the conference at 4:00pm ET. AssetMark invites shareholders and other interested parties to listen to the presentation live via webcast at ir.assetmark.com. About AssetMark Financial Holdings, Inc. AssetMark is a leading provider of extensive wealth management and technology solutions that power independent financial advisors and their clients. Through AssetMark,...

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Smart for Life on Track to Close Pending Acquisition of Ceautamed Worldwide

Acquisition Expected to Close in June and Result in Significant Operating Efficiencies Company Provides Response to Nasdaq Notice MIAMI, June 08, 2022 (GLOBE NEWSWIRE) — Smart for Life, Inc. (Nasdaq: SMFL) (“Smart for Life” or the “Company”), a global leader in the Health & Wellness sector marketing and manufacturing nutritional supplements and foods worldwide, today reported that due diligence is complete and the previously announced pending acquisition of Ceautamed Worldwide, LLC is on track for closing this month. In connection with the transaction, Smart for Life is making a $1 million payment toward the acquisition this week, with an anticipated closing by June 30, 2022, but no later than July 29, 2022. “I am pleased to report that we are on track to complete the transformative acquisition of Ceautamed now that we have...

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Apollo Senior Floating Rate Fund Inc. Declares June 2022 Monthly Distribution of $0.085 Per Share

NEW YORK, June 08, 2022 (GLOBE NEWSWIRE) — (NYSE: AFT) – Apollo Senior Floating Rate Fund Inc. (the “Fund”) today announced the declaration of its distribution for the month of June 2022 of $0.085 per common share, payable on the date noted below. The following dates apply to the declared distribution: Ex-Date: June 21, 2022Record Date: June 22, 2022Payment Date: June 30, 2022Per Share Amount: $0.085 Apollo Contact Information: Product Literature877-864-4834 InvestorsElizabeth BesenInvestor Relations ManagerApollo Global Management, Inc.212-822-0625ebesen@apollo.com Forward-Looking Statements This press release may contain statements that are forward looking, as that term is defined by the Private Securities Litigation Reform Act of 1995 or by the Securities and Exchange Commission in its rules, regulations and releases....

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Apollo Tactical Income Fund Inc. Declares June 2022 Monthly Distribution of $0.090 Per Share

NEW YORK, June 08, 2022 (GLOBE NEWSWIRE) — (NYSE: AIF) – Apollo Tactical Income Fund Inc. (the “Fund”) today announced the declaration of its distribution for the month of June 2022 of $0.090 per common share, payable on the date noted below. The following dates apply to the declared distribution: Ex-Date: June 21, 2022Record Date: June 22, 2022Payment Date: June 30, 2022Per Share Amount: $0.090 Apollo Contact Information: Product Literature877-864-4834 InvestorsElizabeth BesenInvestor Relations ManagerApollo Global Management, Inc.212-822-0625ebesen@apollo.com Forward-Looking StatementsThis press release may contain statements that are forward looking, as that term is defined by the Private Securities Litigation Reform Act of 1995 or by the Securities and Exchange Commission in its rules, regulations and releases. These...

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Devon Energy Announces Bolt-On Acquisition in the Williston Basin

OKLAHOMA CITY, June 08, 2022 (GLOBE NEWSWIRE) — Devon Energy Corp. (NYSE: DVN) announced today it has entered into a definitive purchase agreement to acquire the leasehold interest and related assets of RimRock Oil and Gas, LP, a Warburg Pincus portfolio company, in the Williston Basin for total cash consideration of $865 million. The transaction is subject to customary terms and conditions and is expected to close in the third quarter of 2022, with an effective date of April 1, 2022. “This bolt-on acquisition is highly complementary to our existing position in the Williston Basin and is immediately accretive to our financially-driven strategy,” said Rick Muncrief, president and CEO. “RimRock’s directly adjacent acreage offers strong operational synergies, adds to our high-quality inventory in the core of the play and positions...

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ABM Reports Second Quarter Fiscal 2022 Results and Reaffirms Full Year Guidance for Adjusted EPS

Generates revenue of $1.9 billion, up 26.7% year-over-year, including organic growth of 7.5% Posts net income of $48.8 million and GAAP EPS of $0.72, both up 57% year-over-year Records adjusted EBITDA of $118.9 million, up 12% year-over-year Delivers adjusted EPS of $0.89, up 9% year-over-yearNEW YORK, June 08, 2022 (GLOBE NEWSWIRE) — ABM (NYSE: ABM), a leading provider of facility solutions, today announced financial results for the second quarter of fiscal 2022. Scott Salmirs, ABM’s President and Chief Executive Officer commented, “ABM posted strong results in the second quarter, continuing the momentum we saw at the start of the year. I am particularly pleased with our organic growth of 7.5%, which was driven by solid demand across Business & Industry, Aviation, Manufacturing & Distribution, and Technical Solutions,...

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