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Month: August 2022

AMENDED: Altisource Asset Management Corporation Announces an Update to Its Business Model

CHRISTIANSTED, U.S. Virgin Islands, Aug. 24, 2022 (GLOBE NEWSWIRE) — In a release issued under the same headline earlier today by Altisource Asset Management Corporation (NYSE American: AAMC), please note that the hyperlink for the Business Model Update in the first paragraph was incorrect. The corrected release follows: Altisource Asset Management Corporation (“AAMC” or the “Company”) (NYSE American: AAMC) announced today that it has updated its business model. The Business Model Update is available at https://ir.altisourceamc.com/events-presentations. About AAMC AAMC is an alternative lending company that provides liquidity and capital to under-served markets. We also continue to assess opportunities that could potentially be of long-term benefit to shareholders such as Crypto-ATMs. Additional information is available at www.altisourceamc.com. Forward-looking...

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Medivolve Announces Launch of Investor Awareness Campaign and Refiling of Q2 2022 Financial Statements

TORONTO, Aug. 24, 2022 (GLOBE NEWSWIRE) — Medivolve Inc. (“Medivolve” or the “Company”) (NEO: MEDV; OTC: COPRF; FRA: 4NC) is pleased to announce the launch of an investor marketing campaign to raise awareness of the Company in the investing community. The Company also announces that it has amended and refiled its condensed interim consolidated financial statements (the “Q2 2022 Financials”) and corresponding management’s discussion and analysis (the “Q2 2022 MDA”) for the six-month period ended June 30, 2022. Wallstreet Investor Club Medivolve has entered into a services agreement with Lion Capital Investment Limited (“Lion”), pursuant to which Lion will provide marketing services under the trade name Wallstreet Investor Club for a period of six months for a fee of US$250,000. Lion is a marketing consultant based in the Cayman...

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Mobilicom Limited Announces Pricing of USD $11.8 Million Public Offering and Nasdaq Listing

Shoham, Israel, Aug. 24, 2022 (GLOBE NEWSWIRE) — Mobilicom Limited (Nasdaq: MOB, MOBBW) (ASX: MOB) (the “Company” or “Mobilicom”), a provider of cybersecurity and smart solutions for drones, robotics & autonomous platforms, today announced the pricing of an underwritten U.S. initial public offering of 2,858,000 units, each consisting of one American Depositary Share (ADS) and one warrant to purchase one ADS, at a price to the public of USD $4.13 per unit, for gross proceeds of approximately USD $11.8 million, before deducting underwriting discounts and offering expenses. The warrants will have a per ADS exercise price of USD $5.00, are exercisable immediately and expire five years from the date of issuance. The ADSs and warrants that are part of the units can only be purchased together in the offering but will be issued separately....

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Prospect Capital Reschedules Fiscal Year Earnings Release Date and Conference Call

NEW YORK, Aug. 24, 2022 (GLOBE NEWSWIRE) — Prospect Capital Corporation (NASDAQ: PSEC) (the “Company”) today announced that it has rescheduled its release of fourth-quarter financial results from Wednesday, August 24, 2022, to Monday August 29, 2022, when it plans to file its Annual Report on Form 10-K for the fiscal year ended June 30, 2022. The company also announced it has rescheduled its conference call to Tuesday, August 30, 2022 at 11:00 a.m. Eastern Time. The conference call dial-in number will be 888-338-7333. A recording of the conference call will be available for approximately 30 days. To hear a replay, call 877-344-7529 and use passcode 8638717. The conference call will also be available via a live listen-only webcast on the Company’s website, www.prospectstreet.com. Please allow extra time prior to the call to visit...

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Canadian Net REIT Announces its Results for the Quarter Ended June 30, 2022, and Q4 2022 Monthly Distributions

MONTRÉAL, Aug. 24, 2022 (GLOBE NEWSWIRE) — (TSX-V: NET.UN) Canadian Net Real Estate Investment Trust (“Canadian Net” or the “Trust”) announces its results for the quarter ended June 30th, 2022, and monthly distributions for the months of October, November and December 2022. RESULTS For the quarter ended June 30th, 2022, Canadian Net reported funds from operations per unit1 (“FFO per unit”) of $0.160 compared to $0.149 per unit for the quarter ended June 30th, 2021, an increase of 7%. Funds from Operations1 (“FFO”) was $3,292,197, an increase of 27% relative to $2,596,669 in Q2 2021. During Q2 2022, the Trust’s property rental income was $5,874,942 compared to $4,681,568 in Q2 2021, an increase of 25%. Net Operating Income1 (“NOI”) was $4,512,576 compared to $3,412,257 in Q2 2021, an increase of 32%. Canadian Net also...

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Premier Health Reports FY2022 Third Quarter Results

MONTRÉAL, Aug. 24, 2022 (GLOBE NEWSWIRE) — Premier Health of America Inc. (TSXV: PHA) (the “Corporation”), a leading Canadian Healthtech company, announces it has filed its Condensed Interim Consolidated Financial Statements and Management Discussion and Analysis for its third quarter ended June 30, 2022. SummaryThe Corporation had revenues of $22.4M for the 3-month period compared to $18.6M for the same period in FY2021, an increase mainly attributable to the consolidation of recently acquired Canadian Health Care Agency (“CHCA”) over part of the period. The 24.4% gross margin for the quarter was close to the Corporation’s 25% target. EBITDA(1) for the quarter was $1.6M compared to $1.3M for the same period in FY2021. Net income was $0.4M compared to $0.1M for the same period in FY2021.“We perceive divergences in provincial...

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NowVertical Group Reports Second Quarter 2022 Financial Results

Q2 2022 Pro Forma Adjusted Revenue was $7.9 million1 in Q2 2022 and $15.4 million1 in H1 2022, an increase of 883% over Q2 2021 and 862% over the six months ended June 30, 2021 Current Pro Forma TTM Adjusted Revenue was $31.9 million1, an increase of 852% over Q2 2021TORONTO, Aug. 24, 2022 (GLOBE NEWSWIRE) — NowVertical Group Inc. (TSX-V: NOW) (“NOW” or the “Company”), a big data, analytics and vertical intelligence (“VI”) software and solutions company, today announces its financial results for the three months ended June 30, 2022 (“Q2 2022”) and six months ended June 30, 2022 (“H1 2022”). All figures are in U.S. dollars unless otherwise stated. Selected Pro Forma and Financial HighlightsQ2 2022 Pro Forma Adjusted Revenue1 – Q2 2022 Pro Forma Adjusted Revenue was $7.9 million1 in Q2 2022 and $15.4 million1 in H1 2022, an...

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Epsilon Announces 2022 AGM Results

HOUSTON, Aug. 24, 2022 (GLOBE NEWSWIRE) — Epsilon Energy Ltd. (“Epsilon” or the “Company”) (NASDAQ: EPSN) is pleased to announce that all the nominees listed in its Proxy Statement, Schedule 14A dated on July 27, 2022 were elected as directors of Epsilon, until the next annual meeting of shareholders. The detailed results of the vote at the annual shareholders meeting held on Wednesday, August 24, 2022 are set out below. At the meeting, the number of directors was set at eight, and BDO USA, LLP was appointed as auditor. Each of the following eight nominees proposed by management was elected as a director of Epsilon.  Nominee   % For   % Withheld    John Lovoi   97.63 %   2.37 %    Jason Stabell   96.97 %   3.03 %    Matthew Dougherty   55.82 %   44.18 %    Jacob Roorda   74.21 %   25.79 %    Tracy Stephens   73.13 %   26.87 %    Stephen...

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Irving Resources Reports Voting Results of Annual General Meeting

VANCOUVER, British Columbia, Aug. 24, 2022 (GLOBE NEWSWIRE) — Irving Resources Inc. (CSE:IRV; OTCQX: IRVRF) (“Irving” or the “Company”) is pleased to announce that its Annual General Meeting of shareholders was held in Vancouver, British Columbia on August 24, 2022 at which:the incumbent directors of the Company standing for re-election, being Akiko Levinson, Quinton Hennigh, Kevin Box, Douglas Buchanan and Haruo Harada, were all re-elected as directors of Irving for the coming year; and Davidson & Company, the incumbent auditors of the Company, were re-appointed auditors of Irving for the coming year.About Irving Resources Inc.: Irving is a junior exploration company with a focus on gold in Japan. Irving also holds, through a subsidiary, a Joint Exploration Agreement with Japan Oil, Gas and Metals National Corporation...

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Marathon Announces Completion of Federal Environmental Assessment for Valentine Gold Project

TORONTO, Aug. 24, 2022 (GLOBE NEWSWIRE) — Marathon Gold Corporation (“Marathon” or the “Company”; TSX: MOZ) is pleased to report that a positive Decision Statement in the federal Environmental Assessment for the Valentine Gold Project (the “Project”) has been issued by the Honourable Steven Guilbeault, Minister of Environment and Climate Change Canada. The Valentine Gold Project has now been fully released from environmental assessment in both the province of Newfoundland and Labrador and federally, allowing development to proceed based on applicable permitting. Matt Manson, President and CEO, commented: “Today’s news comes slightly more than three years since the start of formal environmental assessment of the Valentine Gold Project. During that time the Company has conducted extensive environmental and social impact studies,...

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