Day: September 21, 2022

MCI Onehealth and Oro Health Collaborate to Launch New Teledermatology Platform

MCI Onehealth and Oro Health Collaborate to Launch New Teledermatology Platform

AI-driven MCI Dermatology Connect speeds access to specialists TORONTO, Sept. 21, 2022 (GLOBE NEWSWIRE) — MCI Onehealth Technologies Inc. (“MCI”) (TSX: DRDR), a clinician-led healthcare technology company focused on increasing access to and quality of healthcare, and Oro Health, a provider of Asynchronous Telemedicine combined with artificial intelligence-based solutions for medical specialists, today announced the launch of collaboratively developed MCI Dermatology Connect. The launch of MCI Dermatology Connect will help meet the need of Ontarians currently waiting for a consultation on minor dermatological conditions, lessen wait times and increase Ontarians’ access to Dermatologists regardless of geographic constraints. “Quick, convenient access to specialists with top-quality continuity of care is a cornerstone of the patient...

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TSX Approves Shawcor’s Normal Course Issuer Bid

TSX Approves Shawcor’s Normal Course Issuer Bid

TORONTO, Canada, Sept. 21, 2022 (GLOBE NEWSWIRE) — Shawcor Ltd. (“Shawcor” or the “Company“), (TSX: SCL) today announced that the Toronto Stock Exchange (the “TSX”) has approved the Company’s notice of intention to commence a normal course issuer bid (the “Bid”) for common shares of the Company (the “Common Shares”). Pursuant to the Bid, Shawcor may purchase for cancellation up to 5,685,630 Common Shares, representing approximately 10% of Shawcor’s public float (the “Maximum”). Pursuant to the terms of the notes indenture dated December 10, 2021 governing Shawcor’s senior unsecured notes, Shawcor is limited to purchasing a maximum of C$25 million in aggregate repurchases of Common Shares under the Bid based on the actual price paid for such repurchased Common Shares pursuant to the Bid. The Bid will commence...

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Dundee Corporation Closes Privatization Transaction of Big River Gold With Aura Minerals to Develop and Participate in Future Cash Flows From the Borborema Mine

Dundee Corporation Closes Privatization Transaction of Big River Gold With Aura Minerals to Develop and Participate in Future Cash Flows From the Borborema Mine

TORONTO, Sept. 21, 2022 (GLOBE NEWSWIRE) — Dundee Corporation (TSX: DC.A) (“Dundee” or the “Company”) is pleased to announce the closing of the previously announced transaction where Dundee Resources Limited (“Dundee Resources”), a wholly owned subsidiary of the Company will retain a 20 percent interest in Big River Gold Limited (“Big River”) through a joint venture arrangement with Aura Minerals Inc (“Aura”). The Supreme Court of Western Australia approved the acquisition of Big River on September 8, 2022. Aura, a returns-focused mid-tier gold and copper producer, in partnership with Dundee Resources, expects to review the Project and complete a Feasibility Study (“Borborema FS”) in compliance with National Instrument 43-101 – Standards of Disclosure for Mineral Projects (“NI-43-101”) on the Borborema Project by early 2023. On...

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The Limestone Boat Company Places First Order for Fully Electric Systems for Its 2024 Model Year Serial EV Boat Production

The Limestone Boat Company Places First Order for Fully Electric Systems for Its 2024 Model Year Serial EV Boat Production

COLLINGWOOD, Ontario, Sept. 21, 2022 (GLOBE NEWSWIRE) — The Limestone Boat Company (the “Company”) (TSXV: BOAT | OTCQB: LMSBF) – owner and builder of Aquasport Boats, Limestone® Boats and Boca Bay Boats – is pleased to announce that it has placed an initial order for the first fully electric propulsion systems to be installed on its 2024 Model Year EV boats following the successful sea trial results of its Vision Marine (NASDAQ: VMAR) E-Motion™ electric outboard-powered Aquasport 2100CC this summer. The in-water testing fully validated the Company’s EV engine partner Vision Marine as the preeminent provider of high-performance electric power in the recreational boating market, yielding impressive speed, operating and recharging times, and handling results. The new EV model will debut later this month in the Vision Marine Technologies...

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PennantPark Floating Rate Capital Ltd. Upsizes Credit Facility to $366 Million

PennantPark Floating Rate Capital Ltd. Upsizes Credit Facility to $366 Million

MIAMI, Sept. 21, 2022 (GLOBE NEWSWIRE) — PennantPark Floating Rate Capital Ltd. (the “Company”) (NYSE: PFLT) (TASE: PFLT) announced that it increased the size of its multi-currency, senior secured credit facility (as amended, the “Credit Facility”) from $300 million to $366 million and replaced the London interbank offer rate, or LIBOR, benchmark provisions with secured overnight financing rate, or SOFR, benchmark provisions. All other terms remain unchanged. “We are pleased to have upsized our Credit Facility and it nicely complements our unsecured bonds and permanent equity base. We are delighted with the continued confidence and support from our lending partners,” said Chairman and Chief Executive Officer Arthur H. Penn, adding “This increased facility will expand our ability to serve middle-market sponsor and borrower clients...

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Steelcase Reports Second Quarter Fiscal 2023 Results

Steelcase Reports Second Quarter Fiscal 2023 Results

Revenue growth of 19% driven by strong backlog, including significant pricing benefits Gross margin improved 60 basis points compared to prior year despite continued significant inflationary pressure Third quarter outlook reflects continued revenue and earnings growth expectations driven by backlog and gross margin improvement Company announces additional reductions in planned spending and lower quarterly dividend due to uncertain demand environment GRAND RAPIDS, Mich., Sept. 21, 2022 (GLOBE NEWSWIRE) — Steelcase Inc. (NYSE: SCS) today reported second quarter revenue of $863.3 million, net income of $19.6 million, or $0.17 per share, and adjusted earnings per share of $0.21. In the prior year, Steelcase reported revenue of $724.8 million and net income of $24.7 million, or $0.21 per share, and had adjusted earnings per share...

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TAAT® Announces Fiscal Third Quarter 2022 Results Anchored by Over CAD $17.4 Million in Revenue

TAAT® Announces Fiscal Third Quarter 2022 Results Anchored by Over CAD $17.4 Million in Revenue

LAS VEGAS and VANCOUVER, British Columbia, Sept. 21, 2022 (GLOBE NEWSWIRE) — TAAT® GLOBAL ALTERNATIVES INC. (CSE: TAAT) (OTCQX: TOBAF) (FRANKFURT: 2TP) (the “Company” or “TAAT®”) today announced its financial results for the three-month period ended July 31, 2022, its Fiscal Third Quarter of 2022 (referred to herein as “FQ3 2022”). A selection of highlights from the Company’s FQ3 2022 mandated filings is provided below. All monetary figures reported herein are in Canadian dollars unless specified otherwise. TAAT® Fiscal Third Quarter 2022 Highlights Revenue of $17,473,223 resulting in a Gross Profit of $567,404 based on $16,905,819 as the Cost of Goods Sold; Growth of Total Assets to $23,383,865 reflecting an increase of 48.77% from the previous quarter, inclusive of $5,698,895 in Accounts Receivable and $5,119,919 in Inventory...

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<div>Air India and Willis Lease Finance Corporation Ink Historic ConstantThrust® Engine Sale & Leasebacks</div>

Air India and Willis Lease Finance Corporation Ink Historic ConstantThrust® Engine Sale & Leasebacks

COCONUT CREEK, Fla., Sept. 21, 2022 (GLOBE NEWSWIRE) — Air India has signed definitive sale and lease back agreements with Willis Lease Finance Corporation (NASDAQ: WLFC) (“Willis Lease”) for 34 CFM56-5B engines installed on its Airbus A320 family fleet. The engines will be covered under Willis Lease’s ConstantThrust® program, which will deliver significant reliability and cost savings versus a traditional MRO shop visit program. This is the first ConstantThrust® sale and leaseback agreement for aircraft engines by any Indian carrier. Under the sale side of the transaction, Willis Lease will purchase from Air India 34 engines powering 13 Airbus A321 aircraft and 4 Airbus A320 aircraft. Through its ConstantThrust® program, Willis Lease will provide replacement and standby spare engines, allowing Air India to avoid potentially costly...

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QIWI Announces Results of 2022 Annual General Meeting

QIWI Announces Results of 2022 Annual General Meeting

NICOSIA, Cyprus, Sept. 21, 2022 (GLOBE NEWSWIRE) — QIWI plc (NASDAQ and MOEX: QIWI) (“QIWI” or the “Company”), a leading provider of cutting-edge payment and financial services in Russia and the CIS, today announced that all resolutions proposed at the 2022 Annual General Meeting of Shareholders (the “AGM”) held on Wednesday, September 21, 2022, have been approved. The matters to be voted upon were notified to the shareholders on record and, through the Depositary, to all registered holders of American Depositary Shares (“ADSs”) who were holding the ADSs on a record date determined by the Depositary. The total number of Class A shares eligible to vote at the AGM was 10,413,522 with a total of 104,135,220 voting rights; the total number of Class B shares was 52,299,453 with a total of 52,299,453 voting rights. Each Class A share...

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IZEA Announces IZEA Flex

IZEA Announces IZEA Flex

Marketers Can Request Early Access to Next-Gen Influencer Marketing Platform IZEA Announces IZEA Flex Marketers Can Request Early Access to Next-Gen Influencer Marketing Platform Orlando, Florida, Sept. 21, 2022 (GLOBE NEWSWIRE) — IZEA Worldwide, Inc. (NASDAQ: IZEA), the premier provider of influencer marketing technology, data, and services for the world’s leading brands, today announced the rollout of IZEAⓇ Flex, the company’s next-generation influencer marketing platform. The announcement was made today during the “SUPERCHANGED” streaming event. The video replay, along with a 4-minute recap, can be found at http://izea.me/super4. “We have fundamentally reimagined what an influencer marketing platform does and how it should function for its users,” said Ted Murphy, Founder and CEO of IZEA. “IZEA has done away with predefined...

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