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Day: July 1, 2022

Cool Company Ltd. – Formation Completed

Golar LNG Limited (“Golar”) announces today that it has sold to Cool Company Ltd. (“CoolCo”) the management organization responsible for the technical and commercial management of LNG carriers, and the provision of such services to third parties, as contemplated in the January 2022 Cool Company Ltd. formation update. CoolCo paid the previously agreed purchase price of $5 million in cash for the shares plus $1.5 million in working capital. As part of the transaction, approximately 600 maritime and office-based personnel became CoolCo employees. Today, Richard Tyrrell also assumed his position as CEO of CoolCo, replacing Interim CEO Karl Fredrik Staubo.  FORWARD LOOKING STATEMENTS This press release contains forward-looking statements (as defined in Section 21E of the Securities Exchange Act of 1934, as amended) which reflects...

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Cool Company Ltd. – Formation Completed

Cool Company Ltd. (“CoolCo” or the “Company“) is pleased to announce today that it has acquired from Golar Management (Bermuda) Limited the management organization responsible for the technical and commercial management of its LNG carriers and the provision of such services to third parties, as contemplated in the January 2022 Cool Company Ltd. formation update. CoolCo paid the previously agreed purchase price of $5 million in cash for the shares plus $1.5 million in working capital. As part of the transaction, approximately 600 maritime and office-based personnel become employees of CoolCo. Today, Richard Tyrrell also assumed his position as CEO of CoolCo, replacing interim CEO Karl Fredrik Staubo.   Richard Tyrrell commented: “CoolCo is delighted to formally welcome the members of the Golar LNG team that provide...

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Nevada Copper Provides Further Operational and Financial Update

YERINGTON, Nev., July 01, 2022 (GLOBE NEWSWIRE) — Nevada Copper (TSX: NCU) (OTC: NEVDF) (FSE: ZYTA) (“Nevada Copper” or the “Company”) provides an update on operations at its Pumpkin Hollow underground copper mine located in Yerington, Nevada (the “Underground Mine”) and on its financial liquidity. Response to Restricted Stope Access and Dike Progress As previously disclosed on June 6, 2022, an unidentified weak rock structure being encountered in the main ramp to the East South Zone restricted access to the Company’s planned East South stoping zones. In response to this event, the Company has taken steps to curtail operating activities while developing plans to address this issue. The Company has continued development of its priority heading through the dike structure and into the East North mining zone, which is expected to have...

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Nathalie Joannes is appointed General Counsel of Vallourec Group

            Nathalie Joannes is appointed General Counselof Vallourec Group Meudon (France), July 1, 2022 – Vallourec announces the appointment of Nathalie Joannes as General Counsel for the Group. She will take up her position on July 4 and join the Executive Committee. Philippe Guillemot, Chairman of the Board of Directors and Chief Executive Officer of Vallourec said:”I am delighted to welcome Nathalie to the Group and the Executive Committee. Nathalie has extensive global industry experience. She will be instrumental in the transformation of Vallourec which is now well underway”. Nathalie will succeed Claire Langelier who will accompany the transition process. Claire will leave the company after seven years as General Counsel. In particular, she will have contributed to financial restructuring. Biography Prior...

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Tracie Jellison to Head up Retail Banking for Riverview

VANCOUVER, Wash., July 01, 2022 (GLOBE NEWSWIRE) — Riverview Bancorp, Inc. (NASDAQ GSM: RVSB) (“Riverview”, the “Company” or the “Bank”) has named Tracie Jellison Chief Retail Banking Officer. Ms. Jellison joined the Bank nearly one year ago and has led its commercial team in the Oregon market. With her extensive experience on the retail side of the business, Tracie is happy to return to her roots. Tracie is not a stranger to banking. In fact, she has worked in banking for more than 30 years, starting her career in Boise, Idaho, as a customer service representative. After three years of working on the front line with clients, she transitioned to become a consumer loan officer. After working for six years in that role, she was promoted to a senior loan officer, managing a team of lenders and the Visa credit card department. From...

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Ludovic Oster is appointed Director of Human Resources of Vallourec Group

            Ludovic Oster is appointed Director of Human Resources of Vallourec Group Meudon (France), 1 July 2022 – Vallourec announces the appointment of Ludovic Oster as Group Human Resources Director. He will take up his position on 4 July 2022 and join the Executive Committee. Philippe Guillemot, Chairman of the Board of Directors and Chief Executive Officer of Vallourec said: “I am delighted to welcome Ludovic to the Group and the Executive Committee. With his solid experience in change management, in organizational transformation processes, he will be a great asset to Vallourec at a key stage of its development”. François Curie will leave the Group at the end of the year after a transition period for those transformation projects for which he is responsible. Biography After graduating...

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Corum Client Alemba Acquired by Volaris Group

SEATTLE, July 01, 2022 (GLOBE NEWSWIRE) — Corum announces today that their Edinburgh-based client Alemba has been acquired by Volaris Group. Alemba, developers of Alemba Service Manager, a powerful, ITIL-aligned ITSM solution that helps mature IT organizations streamline their service management processes and enhance service delivery. The acquisition enables Volaris to continue their growth in the ITSM sector. “The Alemba fit with Volaris was excellent and will allow Alemba to continue enhancements of Alemba Service Manager, which is already one of the leading ITSM solutions on the market. I’d expect to see further international growth now that Alemba is part of Volaris,” said Jon Scott, Chairman of Corum Group. “We really appreciated Corum’s expertise in advising us on our strategic options. Jon Scott was with us every step of...

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Proactive news headlines including Kohl’s, SpaceX, Hillcrest Energy Technologies, Naturally Splendid Enterprises and Aion Therapeutic

New York , July 01, 2022 (GLOBE NEWSWIRE) — Proactive, provider of real-time news and video interviews on growth companies listed in the US and Canada, has covered the following companies:Amazon continues incursion into sports streaming with UK Champions League rights click here Elon Musk’s SpaceX gets FCC nod for satellite internet click here Mining equities suffer in second quarter but exposure to the sector is still worthwhile for investors, reckons Noble Capital Markets click here Kohl’s sees stock nosedive after it ends talks over a sale to Vitamin Shoppe owner Franchise Group click here American Resources says subsidiary scores $2M working capital facility to expand Indiana battery metal production click here Hillcrest Energy Technologies ceases oil and gas operations at West Hazel field; completes exit from fossil...

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Salisbury Bancorp, Inc. Announces 2 For 1 Forward Stock Split

LAKEVILLE, Conn., July 01, 2022 (GLOBE NEWSWIRE) — Salisbury Bancorp, Inc. (“Salisbury”), (NASDAQ Capital Market: “SAL”), the holding company for Salisbury Bank and Trust Company (the “Bank”), announced the completion of its previously announced two-for-one forward stock split in the form of a stock dividend payable on June 30, 2022 to shareholders of record as of June 1, 2022. The two-for-one forward split of the shares of Salisbury’s Common Stock results in every one (1) share of Salisbury common stock being converted into two (2) shares of Salisbury’s Common Stock. The stock split will not have any impact on the voting and other rights of shareholders and will have no impact on Salisbury’s business operations. Shareholders do not need to take any action as a result of the stock split. About Salisbury Bancorp, Inc. Salisbury...

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First Bank Announces Second Quarter 2022 Earnings Conference Call

HAMILTON, N.J., July 01, 2022 (GLOBE NEWSWIRE) — First Bank (Nasdaq Global Market: FRBA) invites participation in a conference call to discuss the Company’s financial and operating performance during its second quarter ended June 30, 2022.  Event: Earnings Conference Call – Second Quarter 2022   When: Wednesday, July 27, 2022 at 9:00 a.m. Eastern Time   Access: Conference Call Dial-In: +1-844-200-6205 (toll free U.S.)    +1-929-526-1599 (all other locations)  Conference Call Access Code: 212059Patrick L. Ryan, President and Chief Executive Officer, Andrew L. Hibshman, Executive Vice President and Chief Financial Officer and Peter J. Cahill, Executive Vice President and Chief Lending Officer will provide an overview of second quarter 2022 results. The management presentation typically lasts approximately...

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