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Day: August 16, 2022

MMEX Resources Corp. Announces Inflation Reduction Act Support of Solar and Wind, Clean Fuels and Hydrogen Projects

MMEX renewable powered hydrogen and ultra clean fuels with carbon capture projects in Texas boosted by Legislation FORT STOCKTON, TEXAS, Aug. 16, 2022 (GLOBE NEWSWIRE) — MMEX Resources Corp. (OTCPK: MMEX), a development-stage company focusing on planned hydrogen and ultra clean fuel projects with carbon capture, is pleased to announce its support of The Inflation Reduction Act of 2022. Signed into law today, the legislation enhances significantly MMEX’s planned projects. Jack W. Hanks, President and CEO of MMEX Resources Corp., said, “Over the past 18 months we have made several announcements of our clean energy projects development. We announced on February 22, 2022 that along with Polaris Engineering, we had completed significant milestones on the technology timeline for our UltraClean Refinery project and we have received permit...

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Plains Midstream Canada Pursuing Fort Saskatchewan Facility Expansion

CALGARY, Alberta, Aug. 16, 2022 (GLOBE NEWSWIRE) — Plains Midstream Canada, a subsidiary of Plains All American (Nasdaq: PAA & PAGP) (“Plains”), announced today it is exploring the expansion of its Fort Saskatchewan facility with strategic partners. The expansion would leverage existing infrastructure and add 50,000 barrels per day of C3+ fractionation capacity, while maintaining the flexibility to deliver a propane/butane mix to Plains’ fractionation facility in Sarnia, Ont. “With our integrated asset base, we are well positioned to provide competitive and capital-efficient solutions that align with customer needs and our long-term strategy,” says Michelle Podavin, Senior Vice President, NGL Commercial Assets, Plains Midstream Canada. “Plains is excited to develop this expansion project to meet the growing needs of our customers...

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J & J Snack Foods Corp. Appoints Mary Meder to Board of Directors

Meder brings decades of business and marketing experience to the JJSF board PENNSAUKEN, N.J., Aug. 16, 2022 (GLOBE NEWSWIRE) — J & J Snack Foods Corp. (NASDAQ: JJSF) today announced the appointment of Mary Meder to the Board of Directors, effective September 1, 2022. This brings the current number of board members to eight, after the recent appointments of Dan Fachner and Roy Jackson were announced earlier this year. Meder brings decades of business and marketing experience with her to the JJSF board, specifically in Consumer Packaged Goods and the growing digital media space. Mary Meder currently serves as President at Harmelin Media, a national independently-owned strategic media and marketing agency located in Bala Cynwyd, PA. During her tenure as President, she has led agency growth from 85 employees to over 300, with...

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IN8bio Announces Closing of $10.25 Million Underwritten Public Offering of Common Stock

NEW YORK, Aug. 16, 2022 (GLOBE NEWSWIRE) — IN8bio, Inc. (Nasdaq: INAB), a clinical-stage biopharmaceutical company focused on the discovery and development of innovative gamma-delta T cell therapies utilizing its DeltEx platform, today announced the closing of its previously announced underwritten public offering of 5,394,737 shares of its common stock at a public offering price of $1.90 per share. The aggregate gross proceeds from the offering, before deducting underwriting discounts and commissions and offering expenses, were approximately $10.25 million. H.C. Wainwright & Co. acted as the sole book-running manager for the offering. H.C. Wainwright & Co. has a 30-day option to purchase up to 657,894 additional shares of common stock from IN8bio at the same price per share as the shares sold by IN8bio in the initial...

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EVmo to Host Second Quarter 2022 Financial Results Call on August 17

LOS ANGELES, Aug. 16, 2022 (GLOBE NEWSWIRE) — EVmo, Inc. (OTC: YAYO), a leading provider of vehicles to the rideshare and delivery gig economy industry, will host a conference call and audio-only webcast on Wednesday, August 17, at 4:30 p.m. ET to discuss the Company’s operational and financial highlights for its second quarter ended June 30, 2022. A question-and-answer session will follow management’s prepared remarks.Event: EVmo Q2 2022 Financial Results Conference Call   Date: Wednesday, August 17, 2022   Time: 4:30 p.m. Eastern Time   Live Call: +1- 877-407-0784 (U.S. Toll-Free) or +1-201-689-8560 (International)   Webcast: https://viavid.webcasts.com/starthere.jsp?ei=1564516&tp_key=7cf7c142ddFor interested individuals unable to join the conference call, a dial-in replay of the call...

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Stronghold Digital Mining Reports Second Quarter 2022 Results, Provides Operational Update and Reports Significant Debt Restructuring Events

NEW YORK, Aug. 16, 2022 (GLOBE NEWSWIRE) — Stronghold Digital Mining, Inc. (Nasdaq: SDIG) (“Stronghold,” or the “Company”) today reported financial results for its second quarter ended June 30, 2022, provided an operational update and announced significant debt restructuring events. Recent Developments to Greatly Enhance Stronghold’s Financial PositionNYDIG Debt Extinguishment: On August 16, 2022, Stronghold entered into an agreement with NYDIG ABL LLC (“NYDIG”) and another participating lender to eliminate all $67.4 million outstanding under the equipment financing agreements with these lenders and consensually return approximately 26,200 Bitcoin miners (approximately 18,700 of which are currently operating) with hash rate capacity of approximately 2.5 exahash per second (“EH/s”), freeing up the related fully developed data...

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Globus Maritime Limited Reports Financial Results for the Second Quarter and Six-month period ended June 30, 2022

GLYFADA, Greece, Aug. 16, 2022 (GLOBE NEWSWIRE) — Globus Maritime Limited (“Globus”, the “Company”, “we”, or “our”) (NASDAQ: GLBS), a dry bulk shipping company, today reported its unaudited consolidated financial results for the second quarter and six-month period ended June 30, 2022.Revenue181% increase to $19.1 million in Q2 2022 compared to Q2 2021 213% increase to $37.6 million in H1 2022 compared to H1 2021Net income$11 million net income in Q2 2022 $23.1 million net income in H1 2022Cash from operating activities$13.9 million cash generated from operating activities in Q2 2022 $24.2 million cash generated from operating activities in H1 2022Adjusted EBITDA$13.6 million in Q2 2022 compared to $3.1 million in Q2 2021 $27.4 million in H1 2022 compared to $4.4 million in H1 2021Time Charter Equivalent$22,837...

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Lulus Reports Net Revenue Growth of 27% and Continued Profitability for the Second Quarter 2022

Active Customers Increased 53% Compared to the Prior Year Period CHICO, Calif., Aug. 16, 2022 (GLOBE NEWSWIRE) — Lulu’s Fashion Lounge Holdings, Inc. (“Lulus” or the “Company”) (Nasdaq: LVLU) today reported financial results for the second quarter ended July 3, 2022. David McCreight, CEO of Lulus, said: “In the second quarter of 2022 we delivered 27% revenue growth and established new records in many of our customer engagement metrics, indicating to us that the LVLU brand experience is resonating well and we are continuing to grow share. Like many in the industry, we experienced headwinds related to shipping costs and heightened levels of returns; however, our agile business model allows us to proactively take actions within our business to offset these impacts as we move into the second half of the year. We remain confident in...

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Investview, Inc. (“INVU”) Announces Results for the Second Quarter Ended June 30, 2022

Eatontown, NJ, Aug. 16, 2022 (GLOBE NEWSWIRE) — Investview, Inc. (OTCQB: INVU), a diversified financial technology company that through its subsidiaries and global distribution network provides financial technology, education tools, content, research, and management of digital asset technologies with a focus on Bitcoin mining and the new generation of digital assets, is pleased to announce financial results for the three and six months ended June 30, 2022. Consolidated Financial Highlights: Results of Operations-Three Months Ended June 30, 2022 vs June 30, 2021Gross Revenue (a Non-GAAP measure) decreased 55.5% to $15.9 million for the second quarter ended June 30, 2022,compared to $35.8 million for the comparable prior year period. Net Revenue decreased 42.4% to $14.8 million for the second quarter ended June 30, 2022, compared...

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Table Trac/CasinoTrac Enters the Alabama Market

MINNETONKA, Minn., Aug. 16, 2022 (GLOBE NEWSWIRE) — Table Trac, Inc (OTCQX: TBTC) Table Trac operates in over 270 casinos in 13 countries.The CasinoTrac management system is a versatile product that is suited to a number of different kinds of gaming and entertainment center environments in addition to the kind typically thought of as a “Casino” in Nevada or Atlantic City, or referred to as Class III gaming.   These kinds of entertainment centers offer gaming terminals that look and play similar to a slot machine, but the odds and wins are based on a Bingo Card, a Pull tab, or even a historical horse race result in an electronic form.  This fact allows us to provide the accounting and player club services across a wide variety of similarly equipped entertainment locations. Table Trac has contracted with two gaming operators in Alabama:...

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