Day: October 11, 2022

FLORIANÓPOLIS, Brazil, Oct. 11, 2022 (GLOBE NEWSWIRE) — Vitru Limited (Nasdaq: VTRU) (“Vitru” or the “Company”) today announced that the record date for determining shareholders that will be issued subscription rights pursuant to its proposed rights offering will be October 21, 2022. The final terms of any potential offering of common shares and rights, including the specific terms, remain subject to change and will be determined at the time of such offering. The proposed rights offering would be made pursuant to Vitru’s effective shelf registration statement on Form F-3 filed with the Securities and Exchange Commission on October 25, 2021 and only by means of a prospectus supplement and accompanying prospectus. This press release is not intended to and does not constitute an offer to sell or the solicitation of an offer to subscribe...

TORONTO, Oct. 11, 2022 (GLOBE NEWSWIRE) — Flow Capital Corp. (TSXV:FW) (“Flow Capital” or the “Company”), a leading provider of flexible growth capital and alternative debt solutions, announces that the Company’s board of directors has declared a cash dividend of $0.0718 per Series A Preferred Shares (the “Preferred Shares”), payable on October 15, 2022, to holders of record of Preferred Shares as at September 30, 2022. The Dividend represents the dividend payable on the Preferred Shares for the period from June 28, 2022 to September 30, 2022. This dividend is designated by the Company to be an eligible dividend for the purpose of the Income Tax Act (Canada) and any similar provincial or territorial legislation. An enhanced dividend tax credit applies to eligible dividends paid to Canadian residents. The declaration and payment...

LANCASTER, Pa., Oct. 11, 2022 (GLOBE NEWSWIRE) — Armstrong World Industries, Inc. (NYSE:AWI), a leader in the design, innovation and manufacture of ceiling and wall solutions in the Americas, will release its third-quarter 2022 results before the market opens on Tuesday, Oct. 25 and host a conference call to discuss these results at 10:00 a.m. ET. A live webcast of the conference call and the accompanying presentation will be available on the Investor Relations page at ArmstrongWorldIndustries.com. Attendees who will not be asking a question during the call are encouraged to listen to the live webcast rather than registering and dialing in. Those wishing to participate by telephone must register prior to the event using the registration link below. All registrants will receive personal dial-in information and a PIN allowing them...

SHERMAN OAKS, CA, Oct. 11, 2022 (GLOBE NEWSWIRE) — via NewMediaWire – Petroteq Energy Inc. (“Petroteq” or the “Company“) (TSXV:PQE; OTC PINK:PQEFF; FSE:PQCF), an oil company focused on the development and implementation of its proprietary oil sands extraction and remediation technologies, is pleased to announce its intention to increase the size of its previously announced non-brokered private placement (the “Private Placement”) of units (each, a “Unit”), from C$80,000 to C$120,000. The Company has also amended the terms of the Warrants (as defined herein) issuable in connection with the Private Placement, with the Warrants now expiring 24 months following the closing of the Private Placement at an exercise price of $0.05. Each Unit will be comprised of one common share in the capital of the Company (each,...

CALGARY, ALBERTA, Oct. 11, 2022 (GLOBE NEWSWIRE) — Marksmen Energy Inc. (“Marksmen” or the “Company”) (TSXV: MAH) is pleased to announce the following drilling program update: In late August of 2022 Marksmen commenced a three well development drilling program in Pickaway County, Ohio in the Cambrian Knox formation. As of October 7, 2022, the three wells have been drilled to total depth and each well has been acidized and swab tested. With each swab pull there were excellent oil shows to the surface tanks/pits. The preliminary results are analogous with Marksmen’s best well, Davis Holbrook #1 (“DH1”) drilled in July of 2016, in the same formation and depth. The DH1 well, for comparison, produced over 26,000 barrels (“bbls”) of light sweet Pennsylvania crude or 75 bbls per day in its first year of operations with a payout in less...

BOCA RATON, Fla., Oct. 11, 2022 (GLOBE NEWSWIRE) — First Wave BioPharma, Inc. (NASDAQ:FWBI) (“First Wave BioPharma” or the “Company”), a clinical-stage biopharmaceutical company specializing in the development of targeted, non-systemic therapies for gastrointestinal diseases, today announced the closing of its previously announced public offering of 3,438,396 shares of its common stock (or pre-funded warrants in lieu thereof) and warrants to purchase up to an aggregate of 3,438,396 shares of its common stock at an offering price to the public of $1.745 per share (or pre-funded warrant in lieu thereof) and associated warrant. The warrants have an exercise price of $1.62 per share, are exercisable immediately upon issuance, and will expire five years following the date of issuance. H.C. Wainwright & Co. acted as the exclusive...

BRIGHTON, Mich, Oct. 11, 2022 (GLOBE NEWSWIRE) — CGE Energy, Inc. (“CGE”, OTC: CGEI) is pleased to announce that yesterday its Board of Directors unanimously approved a revised go-forward plan for its wholly-owned subsidiary, Aradatum, Inc. – continuing acceleration of the development and promotion of the world’s first self-powered macro cell tower. After further discussion with its legal and financial consultants, CGE determined to delay immediate plans to merge CGE into a subsidiary of Aradatum, and instead to move forward with activities designed to enhance Aradatum’s operations. To that end, CGE’s Board of Directors elected a new board for Aradatum, comprised of: Bruce Bruinsma, Bryan Zaplitny, Craig Hancock, Gary Westerholm, Harold Telners, Kevin Cook, Larry Leete, Mark Cecil, Michael Pollakowsi, Paul Schneider, and William...

MONROE TOWNSHIP, N.J., Oct. 11, 2022 (GLOBE NEWSWIRE) — Ocean Power Technologies, Inc. (“OPT” or “the Company”) (NYSE American: OPTT), a leader in innovative and cost-effective low-carbon marine power, data, and service solutions, today announced that Philipp Stratmann, Chief Executive Officer, will participate in the LD Micro Main Event XV Conference. The conference will take place October 25-27, 2022, at the Luxe Sunset Boulevard Hotel in Los Angeles, CA, and feature over 200 notable microcap companies in a variety of industries.OPT will present on Tuesday, October 25, 2022, at 5:00 p.m. PTLink to OPT Presentation WebcastOPT management will also be available for one-on-one meetings on October 25. For more information about the conference or to schedule a one-on-one meeting with management, please...

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES TORONTO, Oct. 11, 2022 (GLOBE NEWSWIRE) — Hampton Financial Corporation (“Hampton” or the “Corporation”) (TSXV:HFC & HFC.PR.A) announces that there were no additional closings in its non-brokered private placement offering of unsecured convertible debentures (the “Offering”) between the closing of the third tranche announced on September 6, 2022 and the October 6, 2022 final closing date of the Offering. As announced on September 6, 2022, pursuant to the Offering Hampton sold unsecured convertible debentures in the aggregate principal amount of $4,663,000. The Offering remains subject to receipt of final acceptance by the TSXV. About Hampton Financial Corporation Hampton is a unique private equity firm that seeks to build shareholder value...