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Year: 2022

Maxim Power Corp. Provides Updates on the M2 Return to Service, CCGT Expansion Project and Insurance Information

CALGARY, Alberta, Dec. 13, 2022 (GLOBE NEWSWIRE) — Maxim Power Corp. (“MAXIM” or the “Corporation”) (TSX: MXG) provides an update regarding the return to service of the Milner 2 (“M2”) facility following the non-injury fire incident (the “Incident”) that occurred on September 30, 2022, a project update on the Combined Cycle Gas Turbine (“CCGT”) expansion of M2, and an update on insurance information related to the Incident. M2 RETURN TO SERVICE UPDATE Following the Incident, MAXIM is continuing the process of disassembling and replacing M2’s damaged air inlet filter house. At this time, the Corporation’s most probable return to service date for the M2 facility is late July 2023. MAXIM continues to actively work with counterparties to improve on this schedule.   Material updates regarding the return to service...

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Avista receives commission approval of settlement in Washington electric and natural gas general rate cases

Customers will benefit from tax credits that will partially offset rate increases over two years SPOKANE, Wash., Dec. 13, 2022 (GLOBE NEWSWIRE) — Avista’s (NYSE: AVA) electric and natural gas general rate cases have concluded, with an order from the Washington Utilities and Transportation Commission (Commission or UTC) that approved the multi-party settlement filed in June 2022. The Commission approved increases of annual electric revenues of $38 million effective Dec. 21, 2022 and $12.5 million effective Dec. 21, 2023 and increases in annual natural gas revenues of $7.5 million effective Dec. 21, 2022 and $1.5 million effective Dec. 21, 2023. To reduce the overall impact of these increases on customers, the Commission approved the use of a Residual Tax Customer Credit that will be returned to customers over a two-year period....

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Avante Completes Acquisition of C & B Alarms Ltd.

Not for distribution to U.S. news wire services or for dissemination in the United States Toronto, Ontario, Dec. 13, 2022 (GLOBE NEWSWIRE) — Avante Logixx Inc. (“Avante” or the “Company“) (TSXV: XX) is pleased to announce that its wholly-owned subsidiary, Avante Security Inc., has acquired the business and assets of C&B Alarms Ltd. (“C&B Alarms”) for an aggregate purchase price of approximately $575,000 (the “Transaction”). “As we have previously indicated, the C&B acquisition complements our existing client footprint in the Muskoka region and confirms our commitment to expanding Avante’s residential security business”, said President and CEO Manny Mouchouchos, “we look forward to serving the C&B clients as customers of Avante”. About Avante Logixx Inc. Avante Logixx Inc. (TSXV: XX)...

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Liberty Gold Completes the 2022 Drilling Season with Positive Results and Further De-risking Activities at the Black Pine Oxide Gold Deposit, Idaho

0.60 g/t Au over 80.8 m including 1.47 g/t Au over 13.7 m in LBP750 Future process water and access for mine infrastructure secured VANCOUVER, British Columbia, Dec. 13, 2022 (GLOBE NEWSWIRE) — Liberty Gold Corp. (TSX: LGD; OTCQX: LGDTF) (“Liberty Gold” or the “Company”) is pleased to report new exploration drill results from its Black Pine oxide gold project in southeastern Idaho, together with a summary of 2022 activities. These results form part of a 324 hole, 67,000 metre (“m”) 2022 reverse circulation (“RC”) and core drilling program at Black Pine to upgrade and expand the current mineral resource and discover new oxide gold mineralization. Project de-risking activities have progressed in parallel with resource delineation drilling at Black Pine, with the objective of front-end loading technical work in advance of the mine...

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Methanex Announces Changes to Executive Leadership Team

VANCOUVER, British Columbia, Dec. 13, 2022 (GLOBE NEWSWIRE) — Methanex Corporation (TSX:MX) (NASDAQ:MEOH), the world’s largest producer and supplier of methanol, is pleased to announce the following appointments to its executive leadership team (ELT) by Rich Sumner who, as previously announced, will assume the role of President and CEO as of January 1, 2023:Dean Richardson, currently Vice President, Corporate Finance, has been appointed as Senior Vice President, Finance and Chief Financial Officer, as of February 1, 2023. Mr. Richardson has worked closely with Ian Cameron, retiring Senior Vice President, Finance and Chief Financial Officer for over a decade, in a variety of progessively senior and strategic finance roles. Kevin Maloney, currently Vice President, Corporate Development, has been appointed as Senior Vice President,...

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Sangoma Technologies Corporation Announces Voting Results from its Annual General and Special Meeting of Shareholders

TORONTO, Dec. 13, 2022 (GLOBE NEWSWIRE) — Sangoma Technologies Corporation (TSX: STC; NASDAQ: SANG) (“Sangoma” or the “Company”) announced today the results of voting at its annual general and special meeting of shareholders held on December 13, 2022 (the “Meeting”). Each of the five nominees listed in the Company’s management information circular dated November 1, 2022 provided in connection with the Meeting were elected as directors of the Company. Sangoma received proxies and virtual votes at the Meeting as set out below:Nominee Votes For % of Votes For VotesWithheld % of Votes WithheldNorman A. Worthington, III 12,928,340 84.1% 2,441,339 15.9%Marc Lederman 12,146,154 79.0% 3,223,525 21.0%Al Guarino 14,811,620 96.4% 558,059 3.6%Allan Brett 14,811,983 96.4% 557,696 3.6%William Wignall 13,772,398 89.6% 1,597,281 10.4%In...

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Aveanna Healthcare Holdings Announces CEO Transition and Reaffirms FY 2022 Revenue and Adjusted EBITDA Guidance

ATLANTA, Dec. 13, 2022 (GLOBE NEWSWIRE) — Aveanna Healthcare Holdings, Inc. (NASDAQ: AVAH), a leading, diversified home care platform focused on providing care to medically complex, high-cost patient populations, today announced that its Chief Executive Officer and Director, Tony Strange, is retiring and will depart the company effective December 31, 2022. Jeff S. Shaner, Aveanna’s long serving Chief Operations Officer, will serve as CEO and Director, effective December 31, 2022. “Tony’s leadership was a significant part of Aveanna’s formation and growth since its inception five years ago. He leaves an enduring legacy of building one of the nation’s largest home care companies in America, during an unprecedented pandemic. Tony’s steady and stable leadership was a welcome gift during troubled waters within our industry. It has been...

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Meritage Homes Gives More Than $2.5 Million in 2022 To Build Stronger Communities Nationwide

Company charitable giving and volunteer programs focus on ongoing food insecurity in the U.S. and support education, sustainable forestry, and diversity, equity and inclusion initiatives SCOTTSDALE, Ariz., Dec. 13, 2022 (GLOBE NEWSWIRE) — Meritage Homes, the seventh-largest homebuilder in the U.S., is further underscoring its commitment to creating a Life.Built.Better.® through its ongoing charitable giving efforts. In addition to donating three mortgage-free homes in 2022, the homebuilder contributed over $1.1M through its Meritage Cares foundation. This year’s efforts included food insecurity in the U.S., tree planting efforts and diversity, equity and inclusion (DE&I) initiatives. Meritage Homes also contributed approximately $1.4M to fund education opportunities. “As our communities feel the impact of the changing macroeconomic...

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Rubicon Technology Announces Voluntary Delisting from Nasdaq

Bensenville, IL , Dec. 13, 2022 (GLOBE NEWSWIRE) — Rubicon Technology, Inc. (NASDAQ: RBCN) announced that it has notified The Nasdaq Stock Market LLC (“Nasdaq”) of the Company’s decision to voluntarily delist its common stock from the Nasdaq Capital Market and its intent to file a Form 25 with the U.S. Securities and Exchange Commission (the “SEC”) on or about December 23, 2022. As a result, the Company expects the delisting of its common stock to become effective on December 30, 2022. The Company anticipates that its common stock will be quoted on the Pink Sheets platform, which is operated by OTC Markets Group Inc.  (the “Pink Sheets“), and it currently intends to continue to provide information to its stockholders and to take such actions within its control to enable its common stock to be quoted in the Pink Sheets...

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BIMI Announces Entry into a Material Definitive Agreement

NEW YORK, Dec. 13, 2022 (GLOBE NEWSWIRE) — BIMI International Medical Inc. (NASDAQ: BIMI) (“BIMI” or the “Company”), a healthcare products and services provider, today announced its entry into an Amendment to the Stock Purchase Agreement originally entered into as of April 9, 2021 (the “Amendment”) for the acquisition of Wuzhou Qiangsheng Hospital Co., Ltd., Suzhou Eurasia Hospital Co., Ltd. and Yunan Yuxi Minkang Hospital Co., Ltd. (collectively the “Hospitals”). The Amendment provided for the reduction of the purchase price for the Hospitals from RMB 162,000,000 to RMB 80,000,000, including a retroactive decrease in the closing cash payment from RMB 20,000,000 to mil and a retroactive decrease in the closing stock payment from 800,000 shares of the BIMI common stock to 164,000 shares of BIMI common stock.  As a result...

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