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Year: 2022

First Wave BioPharma, Inc. Announces Closing of $6.0 Million Public Offering

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...

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CGE Energy Announces Revised Go-Forward Plan with Aradatum

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...

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Ocean Power Technologies to Participate in the LD Micro Main Event XV Conference

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...

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Cameco and Brookfield Renewable Form Strategic Partnership to Acquire Westinghouse Electric Company

Currency: U.S. dollars unless otherwise statedWestinghouse is an industry leader with a strong market position across the nuclear value chain Nuclear power expected to see significant growth driven by energy security and decarbonization trends Acquisition will provide opportunities to generate value and grow the business globallySASKATOON, Saskatchewan and TORONTO, Oct. 11, 2022 (GLOBE NEWSWIRE) — Cameco Corporation (“Cameco”) (NYSE: CCJ; TSX: CCO) and Brookfield Renewable Partners (“Brookfield Renewable”) (NYSE: BEP, BEPC; TSX: BEP.UN, BEPC), together with its institutional partners (“the consortium”), are forming a strategic partnership to acquire Westinghouse Electric Company (“Westinghouse”), one of the world’s largest nuclear services businesses. Brookfield Renewable, with its institutional partners, will own a 51% interest...

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Hampton Financial Corporation Announces Conclusion of Non-Brokered Private Placement of Unsecured Convertible Debentures

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...

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Southside Bancshares, Inc. Announces Third Quarter Earnings Call

TYLER, Texas, Oct. 11, 2022 (GLOBE NEWSWIRE) — Southside Bancshares, Inc. (“Southside”) (NASDAQ: SBSI), the holding company for Southside Bank, announced today it will release its third quarter financial results before the market opens on Tuesday, October 25, 2022. Southside will host a conference call to discuss its results on Tuesday, October 25, 2022 at 11:00 a.m. CDT. The call will be hosted by Lee R. Gibson, President and CEO, Julie Shamburger, CFO and Suni Davis, CRO. Following prepared remarks there will be a question and answer session for the analyst community. The Conference Call Details The conference call can be accessed by webcast, for listen-only mode, on the company website, https://investors.southside.com. Those interested in participating in the question and answer session, or others who prefer to call-in, can...

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UPS To Release Third-Quarter 2022 Results On Tuesday, October 25, 2022

ATLANTA, Oct. 11, 2022 (GLOBE NEWSWIRE) — UPS (NYSE:UPS) will announce its 2022 third-quarter results on October 25, 2022, at approximately 6:00 a.m. Eastern Time. At 8:30 a.m. ET, UPS Chief Executive Officer Carol Tomé and Chief Financial Officer Brian Newman will lead an investor conference call to discuss the results. This call will be open to the public via a live webcast. To listen, visit https://www.investors.ups.com and click on “Webcast.” The webcast audio will be accessible on the Investor Relations website for a limited time following the call. CONTACT: UPS Public Relations 404-828-7123 pr@ups.com

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TAG Oil Announces Overnight Marketed Public Offering of Common Shares

NOT FOR DISSEMINATION IN THE UNITED STATES VANCOUVER, British Columbia, Oct. 11, 2022 (GLOBE NEWSWIRE) — TAG Oil Ltd. (TSXV: TAO) (OTCQX: TAOIF) (“TAG Oil” or the “Company”) is pleased to announce that it has filed a preliminary short form prospectus with the securities commissions in all provinces of Canada, except Québec, in connection with a marketed public offering (the “Offering”) of common shares (the “Common Shares”) in the capital of the Company seeking to raise aggregate gross proceeds of C$20,000,000. Final pricing of the Common Shares and the number of Common Shares to be sold pursuant to the Offering will be determined following marketing and in the context of the market. The Offering will be conducted on an overnight marketed basis by a syndicate of agents led by Research Capital Corporation, as co-lead agent and sole-bookrunner...

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Brookfield Business Partners Reaches Agreement to Sell Westinghouse

BROOKFIELD, NEWS, Oct. 11, 2022 (GLOBE NEWSWIRE) — Brookfield Business Partners (NYSE: BBUC, BBU; TSX: BBUC, BBU.UN), together with its institutional partners (collectively “Brookfield”), today announced an agreement to sell its nuclear technology services operation, Westinghouse Electric Company (“Westinghouse”), to a strategic consortium led by Cameco Corporation and Brookfield Renewable Partners (the “Consortium”) for a total enterprise value of approximately $8 billion (the “transaction”) including proceeds from the disposition of a non-core asset expected to be received prior to closing the transaction. Westinghouse is a global leader in providing mission critical technologies, products and services to the nuclear power industry. The business was acquired by Brookfield out of bankruptcy in 2018. Since its acquisition, Brookfield...

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Cameco announces US$650 million bought deal offering of common shares

SASKATOON, Saskatchewan, Oct. 11, 2022 (GLOBE NEWSWIRE) — Cameco (TSX: CCO; NYSE: CCJ) today announced that it has entered into an agreement with a syndicate of underwriters led by CIBC Capital Markets and Goldman Sachs & Co. LLC, pursuant to which the underwriters have agreed to purchase, on a bought deal basis, 29,615,000 common shares of Cameco at a price of $21.95 per share (the “Offering Price”), for gross proceeds to us of approximately $650 million (the “Offering”). The common shares will be offered to the public in Canada and the United States. The Offering is expected to close on or about October 17, 2022, subject to customary closing conditions, including receipt of all necessary approvals of the Toronto Stock Exchange and the New York Stock Exchange. Additionally, we have granted the underwriters an option to purchase...

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