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Year: 2022

Brookfield Corporation Announces Pricing of C$1 Billion of Medium-Term Notes

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION TO THE UNITED STATES BROOKFIELD, NEWS, Dec. 12, 2022 (GLOBE NEWSWIRE) — Brookfield Corporation (NYSE: BN, TSX: BN) today announced the pricing of a public offering of C$1 billion aggregate principal amount of medium-term notes (“notes”) due December 2032, which will bear interest at a rate of 5.431% per annum. The notes are expected to be assigned a credit rating of A- by Standard & Poor’s, A- by Fitch, A3 by Moody’s and A (low) by DBRS. Brookfield Corporation intends to use the net proceeds from the sale of the notes for general corporate purposes. The notes are being offered through a syndicate of agents led by CIBC Capital Markets, RBC Capital Markets, Scotiabank, BMO Capital Markets, National Bank Financial Markets and TD Securities. The notes are being...

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Cardinal Energy Ltd. Announces Monthly Dividend for December

CALGARY, Alberta, Dec. 12, 2022 (GLOBE NEWSWIRE) — Cardinal Energy Ltd. (“Cardinal” or the “Company“) (TSX: CJ) confirms that our December dividend of $0.06 per common share will be paid on January 16, 2023 to shareholders of record on December 30, 2022. The Board of Directors of Cardinal has declared the dividend payable in cash. This dividend has been designated as an “eligible dividend” for Canadian income tax purposes. About Cardinal Energy Ltd. Cardinal works to continually improve its Environmental, Social and Governance profile and operates its assets in a responsible and environmentally sensitive manner. As part of this mandate, Cardinal injects and conserves more carbon than it directly emits making us one of the few Canadian energy companies to have a negative carbon footprint. Cardinal...

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Enzo Biochem Reports First Quarter Fiscal Year 2023 Financial Results and Provides Business Update

– Enzo Life Sciences reports revenue of $7.1 million and 9% growth in Q1 FY 2023, excluding FX – Engagement with investment bank to provide advisory services including the evaluation of strategic alternatives for the Company is progressing well. – Continuing to make progress in market expansion of the current product portfolio, commercialization of the Company’s offerings, and optimization of the clinical service segment. Conference call and live webcast scheduled for tomorrow, Tuesday, December 13, 2022 at 8:30 am (ET) FARMINGDALE, N.Y., Dec. 12, 2022 (GLOBE NEWSWIRE) — Enzo Biochem, Inc. (NYSE:ENZ), a leading biosciences and diagnostics company, today reported operating results for the first quarter ended October 31, 2022 of Fiscal Year 2023 (Q1 FY23) and provided a business update on recent corporate and operational...

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Fluence Energy, Inc. Reports Fourth Quarter and Full Fiscal Year 2022 Financial Results  

Delivered Highest Revenue in Company History & Positive Gross Margin Introduces Management’s Strategic Objectives Initiates Fiscal 2023 Financial Guidance ARLINGTON, Va., Dec. 12, 2022 (GLOBE NEWSWIRE) — Fluence Energy, Inc. (Nasdaq: FLNC) (“Fluence” or the “Company”), a leading global pure-play provider of energy storage products and services as well as digital applications for renewables and storage, today announced its results for the three months and fiscal year ended September 30, 2022. Highlights for fourth quarter and fiscal year ended September 30, 2022Record revenue of $1.2 billion and $442 million for the full year and fourth quarter, respectively, representing an increase of approximately 76% from the prior full year and an increase of approximately 85% from the third quarter. GAAP gross margin improved...

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Epiphany Technology Acquisition Corp. Announces No Contribution Will be Made to Trust Account in Connection with its Extension

Palo Alto, California, Dec. 12, 2022 (GLOBE NEWSWIRE) — On December 12, 2022, Epiphany Technology Acquisition Corp. (the “Company”) announced that it has filed a supplement to its definitive proxy statement (the “Proxy Statement”), dated November 29, 2022, in connection with a special meeting in lieu of an annual meeting of the stockholders (the “Meeting”) to consider and vote on certain proposals, including an extension of the date by which the Company has to complete a business combination (the “Business Combination”) from January 12, 2023 to July 12, 2023 (the “Extension”). As stated in the Proxy Statement, the Sponsor had informed the Company that it (or its designees) intended to contribute to the Company Loans of $0.04 for each public share that is not redeemed for each calendar month that is needed by the Company to complete...

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American National Bankshares Announces the Passing of Director, Charles Somerville Harris

DANVILLE, Va., Dec. 12, 2022 (GLOBE NEWSWIRE) — American National Bankshares Inc. announces the unfortunate passing of Charles Somerville Harris. Mr. Harris passed away unexpectedly on December 7, 2022 in his home. Harris served as a director of American National Bankshares since 2008. He was a member of the Company’s Audit, Risk & Compliance, and Stock Grant and Option Committees. Jeffrey V. Haley, President and Chief Executive Officer of the Company and the Bank stated, “We are deeply saddened by the passing of our Director and friend. This is a big loss for us as Charles was a key member of our board who has had a lasting impact on our Company. While he was very committed to his role with American National, above all, he was an exceptional human being and we are forever grateful to him and his family for the time he shared...

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Diamondback Energy Added to the Nasdaq – 100 Index

MIDLAND, Texas, Dec. 12, 2022 (GLOBE NEWSWIRE) — Diamondback Energy, Inc. (NASDAQ: FANG) (“Diamondback”) announced today that it has been added to the Nasdaq-100® Index, the top 100 largest domestic and international non-financial companies on The Nasdaq based on market capitalization. Nasdaq announced the inclusion on Friday, December 9, 2022, which will become effective prior to market open on Monday, December 19, 2022. “Diamondback is proud and excited to be included in the Nasdaq-100. We have been listed on the Nasdaq exchange since the Company went public as a small cap producer in October 2012. To achieve this honor in just over ten years as a public company is a testament to our employees and their commitment to building this Company into the significant Texas-based oil producer we are today,” stated Travis Stice, Chairman...

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AMREP Reports Second Quarter Fiscal 2023 Results

HAVERTOWN, Pa., Dec. 12, 2022 (GLOBE NEWSWIRE) — AMREP Corporation (NYSE:AXR) today reported net income of $3,621,000, or $0.68 per diluted share, for its 2023 fiscal second quarter ended October 31, 2022 compared to net income of $3,326,000, or $0.45 per diluted share, for the same period of the prior year. For the first six months of 2023, AMREP had net income of $5,533,000, or $1.04 per diluted share, compared to net income of $4,963,000, or $0.67 per diluted share, for the same period of 2022. Revenues were $16,149,000 and $26,856,000 for the second quarter and first six months of 2023 and $16,112,000 and $26,098,000 for the second quarter and first six months of 2022. More information about the Company’s financial performance may be found in AMREP Corporation’s financial statements on Form 10-Q which have today been filed...

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Lion Electric Announces Launch of Overnight Marketed Public Offering of Units

This news release constitutes a “designated news release” for the purposes of the Company’s prospectus supplement dated June 17, 2022 to its short form base shelf prospectus dated June 17, 2022. MONTREAL, Dec. 12, 2022 (GLOBE NEWSWIRE) — The Lion Electric Company (NYSE: LEV) (TSX: LEV) (“Lion” or the “Company”), a leading manufacturer of all-electric medium and heavy-duty urban vehicles, today announced the launch of a marketed public offering of units (the “Units”) in the United States and Canada (the “Offering”). Each Unit will consist of one common share in the capital of the Company (each a “Unit Share”) and one common share purchase warrant (each a “Warrant”). Each whole Warrant will entitle the holder thereof to acquire one common share in...

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Carriage Services Announces High Performance and Credit Profile Restoration Plan

Conference call on Tuesday, December 13, 2022, at 9:30 a.m. Central Time HOUSTON, Dec. 12, 2022 (GLOBE NEWSWIRE) — Carriage Services, Inc. (NYSE: CSV) today made several important announcements. The Company will host a conference call on Tuesday, December 13, 2023 at 9:30 a.m. Central Standard Time to discuss this press release.Announcing High Performance and Credit Profile Restoration Plan (“HPCPRP”); Announcing Definitive Agreement to acquire Greenlawn Funeral Homes and Cemeteries in Bakersfield, CA (“Greenlawn”); Announcing 2024 Goals for Performance Metrics including Total Revenue of $390 million to $400 million, Consolidated EBITDA of $120 million to $126 million, GAAP Net Income of $46 million to $50 million, GAAP Diluted EPS of $2.95 to $3.05 per share, and a deleveraging goal of 4.0 times to 4.3 times Total Debt to Consolidated...

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