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Month: June 2022

Quotient Limited Announces Proposed Underwritten Offering

JERSEY, Channel Islands, June 23, 2022 (GLOBE NEWSWIRE) — Quotient Limited (Nasdaq: QTNT) (the Company), a commercial-stage diagnostics company, today announced the Company intends to commence an underwritten public offering of $20 million of its ordinary shares and, to certain investors in lieu of ordinary shares, pre-funded warrants. All of the securities to be sold in the offering will be offered by the Company. In addition, the Company intends to grant the underwriters a 30-day option to purchase up to an additional 15% of the ordinary shares sold in the public offering. The offering is subject to market conditions, and there can be no assurance as to whether or when the offering may be completed, or the actual size or terms of the offering. The Company intends to use the net proceeds of the offering to fund the ongoing development...

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South Star Battery Metals Announces Closing of Non-Brokered Private Placement

VANCOUVER, British Columbia, June 23, 2022 (GLOBE NEWSWIRE) — South Star Battery Metals Corp. (“South Star” or the “Company”) (TSXV: STS) (OTCQB: STSBF), is pleased to announce that it has completed a non-brokered private placement of units (the “Private Placement” or the “Offering”) for total proceeds of C$1,906,990. The majority of participation in the Private Placement was with key institutional investors and insiders. Net proceeds from the Private Placement will be used for advanced materials sample preparation, commercial agreements, project finance and general working capital requirements for the Company. The Private Placement consists of 3,467,254 units priced at post-consolidation price of C$0.55 per unit (the “Units”). Each Unit consists of one (1) common share and one (1) common share purchase warrant (the “Warrants”)....

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Park Hotels & Resorts Inc. Completes the Sales of the Homewood Suites by Hilton Seattle Convention Center and Its 25% Joint Venture Interest in the Hilton San Diego Bayfront

TYSONS, Va., June 23, 2022 (GLOBE NEWSWIRE) — Park Hotels & Resorts Inc. (NYSE: PK) (“Park”) today announced that it has closed on the sale of the 195-room Homewood Suites by Hilton Seattle Convention Center Pike Street in Seattle, WA and completed the previously-announced sale of its 25% joint venture interest in the 1,190-room Hilton San Diego Bayfront in San Diego, CA. Combined gross proceeds for the two transactions totaled $237 million, which includes Park’s $55 million pro-rata share of secured debt on the Hilton San Diego Bayfront. Excluding anticipated capital expenditures, the combined sale price represents a 6.3% capitalization rate on 2019 net operating income, or 14.0x multiple on 2019 EBITDA. Proceeds from the sales will be used for general corporate purposes. “I am pleased with the progress we have made toward...

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Scorpio Tankers Inc. Announces Purchase of Common Shares by the President of the Company

MONACO, June 23, 2022 (GLOBE NEWSWIRE) — Scorpio Tankers Inc. (NYSE:STNG) (“Scorpio Tankers,” or the “Company”) announces that the President of the Company, Robert Bugbee, has purchased 50,000 common shares of the Company in the open market at an average price of $33.89 per share. About Scorpio Tankers Inc. Scorpio Tankers Inc. is a provider of marine transportation of petroleum products worldwide. Scorpio Tankers Inc. currently owns, finance leases or bareboat charters-in 116 product tankers (41 LR2 tankers, 61 MR tankers and 14 Handymax tankers) with an average age of 6.5 years. The Company has agreed to sell two LR2 tankers and one MR tanker. Additional information about the Company is available at the Company’s website www.scorpiotankers.com, which is not a part of this press release. Forward-Looking Statements Matters...

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Bombardier Announces June 28, 2022 as the Start of its Renewed Normal Course Issuer Bid to Meet Future Obligations Under its Employee Share-Based Incentive Plans

MONTRÉAL, June 23, 2022 (GLOBE NEWSWIRE) — Bombardier Inc. (TSX: BBD.B) (“Bombardier” or the “Corporation”) confirmed today that the previously announced renewal of its normal course issuer bid (the “NCIB”) will commence on June 28, 2022. The Toronto Stock Exchange (the “TSX”) has approved Bombardier to purchase, from June 28, 2022 to June 27, 2023, up to 880,000 of its Class B shares (subordinate voting) under the NCIB, representing approximately 1.03% of the 85,373,899 Class B shares (subordinate voting) issued and outstanding as of June 13, 2022. The numbers of Class B shares (subordinate voting) indicated in this press release are on a post-Share Consolidation basis (unless indicated otherwise), further to the 25-for-1 consolidation of the Corporation’s issued and unissued Class A shares and Class B shares (subordinate voting)...

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BioSig Announces Proposed Public Offering of Common Stock

Westport, CT, June 23, 2022 (GLOBE NEWSWIRE) — BioSig Technologies, Inc. (Nasdaq: BSGM) (“BioSig” or the “Company”), a medical technology company commercializing an innovative biomedical signal processing platform designed to improve signal fidelity and uncover the full range of ECG and intra-cardiac signals, today announced that it intends to offer shares of its common stock in a “best efforts” underwritten public offering. The offering is subject to market and other conditions and there can be no assurance as to whether or when the offering may be completed, or as to the actual size or terms of the offering. Laidlaw & Company (UK) Ltd. is acting as sole book-running manager for the offering. BioSig intends to use the net proceeds from the offering for the continuation of commercialization activities related to the PURE EP™...

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Kayne Anderson NextGen Energy & Infrastructure Announces Distribution of $0.16 per Share for Q2 2022

HOUSTON, June 23, 2022 (GLOBE NEWSWIRE) — Kayne Anderson NextGen Energy & Infrastructure, Inc. (the “Fund”) (NYSE: KMF) announced today a quarterly distribution of $0.16 per share for the fiscal quarter ended May 31, 2022. This distribution is payable to common stockholders on July 12, 2022 (as outlined in the table below).Ex-Date Record Date Payment Date DistributionAmount Return of CapitalEstimate(1)7/1/22 7/5/22 7/12/22 $0.16 95%(1)   The return of capital estimate is based on the Funds anticipated earnings and profits. The final determination of the tax character of distributions may differ substantially from this preliminary information. The Fund expects the next distribution to be declared in September 2022. Payment of future distributions is subject to the Board of Directors’ approval, as well as meeting the...

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CalAmp Reports First Quarter Fiscal Year 2023 Financial Results

Software and Subscription Services revenue increases 13% year-over-year to $40 million, representing 61% of total revenue Remaining Performance Obligations (RPO) increase 57% year-over-year and 7% sequentially to $215 million IRVINE, Calif., June 23, 2022 (GLOBE NEWSWIRE) — CalAmp (Nasdaq: CAMP), a connected intelligence company helping people and organizations improve operational performance with a data-driven solutions ecosystem, today reported financial results for its first quarter of fiscal year 2023 ended May 31, 2022. “We have successfully converted more than one-third of our total installed base of eligible telematics customers to recurring software contracts through the end of our fiscal 2023 first quarter,” said Jeff Gardner, CalAmp’s president and CEO. “Software and Subscription Services revenue exceeded 60% of total...

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SmartCentres Declares Distribution for June 2022

TORONTO, June 23, 2022 (GLOBE NEWSWIRE) — SmartCentres Real Estate Investment Trust (“SmartCentres” or the “Trust”) (TSX:SRU.UN) announced today that the trustees of SmartCentres have declared a distribution for the month of June 2022 of CDN $0.15417 per trust unit, representing CDN $1.85 per unit on an annualized basis. Payment will be made on July 15, 2022 to unitholders of record on June 30, 2022. About SmartCentres SmartCentres Real Estate Investment Trust is one of Canada’s largest fully integrated REITs, with a best-in-class portfolio featuring 174 strategically located properties in communities across the country. SmartCentres has approximately $11.7 billion in assets and owns 34.7 million square feet of income producing value-oriented retail and first-class office space with 97.2% occupancy, on 3,500 acres of owned land...

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Riverview Bancorp Increases Quarterly Cash Dividend to $0.06 Per Share

VANCOUVER, Wash., June 23, 2022 (GLOBE NEWSWIRE) — Riverview Bancorp, Inc. (Nasdaq GSM: RVSB) (“Riverview” or the “Company”) today announced that on June 22, 2022, its Board of Directors approved an increase in its quarterly cash dividend to $0.06 per share. The dividend will be payable July 21, 2022, to shareholders of record on July 8, 2022. Based on the current share price, the annualized dividend yield is 3.70%.   About Riverview Riverview Bancorp, Inc. (www.riverviewbank.com) is headquartered in Vancouver, Washington – just north of Portland, Oregon on the I-5 corridor. With assets of $1.74 billion at March 31, 2022, it is the parent company of the 99-year-old Riverview Community Bank, as well as Riverview Trust Company. The Bank offers true community banking services, focusing on providing the highest quality service and...

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