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Month: February 2023

Apollo Senior Floating Rate Fund Inc. Declares February 2023 Monthly Distribution of $0.113 Per Share

NEW YORK, Feb. 09, 2023 (GLOBE NEWSWIRE) — (NYSE: AFT) – Apollo Senior Floating Rate Fund Inc. (the “Fund”) today announced the declaration of its distribution for the month of February 2023 of $0.113 per common share, payable on the date noted below. The following dates apply to the declared distribution: Ex-Date: February 17, 2023Record Date: February 21, 2023Payment Date: February 28, 2023Per Share Amount: $0.113 Apollo Contact Information: Product Literature877-864-4834 InvestorsElizabeth BesenInvestor Relations ManagerApollo Global Management, Inc.212-822-0625ebesen@apollo.com Forward-Looking StatementsThis press release may contain statements that are forward looking, as that term is defined by the Private Securities Litigation Reform Act of 1995 or by the Securities and Exchange Commission in its rules, regulations...

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Genasys Inc. Reports Fiscal First Quarter 2023 Financial Results

Strong Fiscal Q1 SaaS Bookings Position Company for Significant SaaS Revenue Growth SAN DIEGO, Feb. 09, 2023 (GLOBE NEWSWIRE) — Genasys Inc. (NASDAQ: GNSS), the global leader in critical communications systems and solutions that help keep people safe, today announced financial results for the Company’s fiscal first quarter ended December 31, 2022. Richard S. Danforth, Chief Executive Officer of Genasys, Inc., commented, “We are off to a strong start in fiscal year 2023 with our largest SaaS bookings quarter to date. Our software business continues to gain momentum, as evidenced by the $6.1 million in SaaS bookings in the fiscal first quarter. The strong bookings were driven by contracts from Aramco and the California counties of San Diego, Riverside, San Mateo and Monterey. These results, along with our rapidly growing SaaS...

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Alpine Income Property Trust Reports Fourth Quarter and Full Year 2022 Operating Results

WINTER PARK, Fla., Feb. 09, 2023 (GLOBE NEWSWIRE) — Alpine Income Property Trust, Inc. (NYSE: PINE) (the “Company” or “PINE”) today announced its operating results and earnings for the quarter and year ended December 31, 2022. Select HighlightsReported Net Income per diluted share attributable to the Company of $0.34 and $2.17 for the quarter and year ended December 31, 2022, respectively. Reported FFO per diluted share of $0.37 and $1.73 for the quarter and year ended December 31, 2022, respectively. Reported AFFO per diluted share of $0.41 and $1.77 for the quarter and year ended December 31, 2022, respectively. Acquired seven retail net lease properties during the fourth quarter of 2022 for total acquisition volume of $41.7 million, reflecting a weighted average going-in cash cap rate of 7.4%. Sold five net lease properties...

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Mohawk Industries Reports Q4 2022 Results

CALHOUN, Ga., Feb. 09, 2023 (GLOBE NEWSWIRE) — Mohawk Industries, Inc. (NYSE: MHK) today announced fourth quarter 2022 net earnings of $33 million and diluted earnings per share (EPS) of $0.52. Adjusted net earnings were $84 million and adjusted EPS was $1.32, excluding restructuring, acquisition and other charges. Net sales for the fourth quarter of 2022 were $2.7 billion, a decrease of 4.0% as reported and 1.3% on a constant currency and days basis. For the fourth quarter of 2021, net sales were $2.8 billion, net earnings were $189 million and EPS was $2.80. Adjusted net earnings were $199 million, and adjusted EPS was $2.95, excluding restructuring, acquisition and other charges. For the twelve months ending December 31, 2022, net earnings and EPS were $25 million and $0.39, respectively. Adjusted net earnings excluding restructuring,...

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Brookmount Gold Corp. (Brookmount Explorations, Inc.) Enters Into a Binding Agreement to Acquire a Producing Gold Mine in Brazil

NEW YORK, Feb. 09, 2023 (GLOBE NEWSWIRE) — The Board of Directors of OTC-listed Company Brookmount Gold (Brookmount Explorations, Inc.) (OTC: BMXI) (BMXI.US) (“Brookmount”) today announced that it has signed a binding Memorandum of Understanding (MoU) to acquire a 75% interest in a producing gold mine located in the state of Tocantins, central Brazil. The acquisition transaction can be summarised as follows: Please find the Tocantins Gold Mine Brazil Presentation https://s3.amazonaws.com/content.otcmarkets.com/media/1882297210/ObucNlUzANZfYBt/doc.pdf Structure:Brookmount will acquire a 75% interest in the Tocantins project from Geoblocks Exploration Ltd (“Geoblocks”), a company incorporated in the UK, which has entered into an irrevocable undertaking to acquire the 75% interest in Tocantins from its Brazilian owners. Acquisition...

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Westland Insurance acquires Niche Assurance Inc. and Heritage Insurance

Westland continues to grow across Canada with acquisitions in QC and SK SURREY, British Columbia/Territories of the Coast Salish (Kwantlen, Katzie, Semiahmoo, Tsawwassen First Nations), Feb. 09, 2023 (GLOBE NEWSWIRE) — Westland Insurance today announced that it acquired Niche Assurance Inc. and Heritage Insurance on February 1. The addition of these brokerages to the Westland family furthers its expansion across Canada. With three locations in Quebec, Niche Assurance is specialist brokerage that focuses on serving the more complex needs of the non-standard condo, residential, and commercial market – including seasonal and unique residential properties – as well as the construction, hospitality and food service sectors. They specialize in less conventional risk, an area Westland continues to expand its capabilities in. It is Westland’s...

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Interpublic Increases Common Stock Dividend for Eleventh Consecutive Year and Announces New Share Repurchase Program

New York, NY, Feb. 09, 2023 (GLOBE NEWSWIRE) — Interpublic Group (NYSE: IPG) today announced that the company’s Board of Directors has declared a quarterly dividend on IPG common stock of $0.31 per share, payable on March 15, 2023, to holders of record at the close of business on March 1, 2023. The increase in the dividend from $0.29 to $0.31 per share represents a seven percent increase to the Company’s quarterly dividend. Additionally, the company’s Board of Directors authorized a new program to repurchase, from time to time, up to $350 million of IPG common stock. The authorization under the new program is in addition to any amounts remaining for repurchase under the program announced in 2022. Repurchases under the new program may be effected through open market purchases, trading plans established in accordance with SEC...

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Prospect Capital Announces December 2022 Results: $0.23 per Common Share Basic Net Investment Income and Stable Monthly $0.06 per Common Share Distributions

NEW YORK, Feb. 08, 2023 (GLOBE NEWSWIRE) — Prospect Capital Corporation (NASDAQ: PSEC) (“Prospect”, “our”, or “we”) today announced financial results for our fiscal quarter ended December 31, 2022. FINANCIAL RESULTSAll amounts in $000’s exceptper share amounts (on weighted averagebasis for period numbers) Quarter EndedDecember 31, 2022 Quarter EndedSeptember 30, 2022 Quarter EndedDecember 31, 2021       Net Investment Income (“NII”) $106,704 $99,266 $85,557Basic NII per Common Share(1) $0.23 $0.22 $0.20Interest as % of Total Investment Income 89.6% 86.0% 81.1%Basic NII Coverage of Distributions to Common Shareholders 128% 122% 111%Annualized Basic NII Return on Common NAV 9.3% 8.8% 7.5%       Net Income (Loss) Applicable to Common Stockholders $55,623 $(105,199) $246,411Basic Net Income (Loss) per...

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Pan American Enters into Arrangement Agreement With Legacy Lithium Corp. Regarding Green Energy Spin Out and Announces Shareholder Meeting Date

Exchange ratio for “spin-out” set at one Legacy Lithium common share for each five Pan American common shares held. Shareholder meeting to approve “spin-out” to be held on April 11, 2023. CALGARY, Alberta, Feb. 08, 2023 (GLOBE NEWSWIRE) — Pan American Energy Corp. (the “Company” or “Pan American”) (CSE: PNRG) (OTC PINK: PAANF) (FRA: SS6) today announces that it has entered into an arrangement agreement with a newly incorporated, wholly-owned subsidiary of the Company named Legacy Lithium Corp. (“Legacy”) with respect to the proposed “spin out” of the Company’s Green Energy Lithium Property, located in Cane Creek Anticline, Grand County, Utah, USA (the “Property”). Pan American believes that its current share price does not fully recognize the value of the Property, and that by completing the proposed “spin out”, the shareholders...

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Stingray Reports Third Quarter Results for Fiscal 2023 Adjusted EBITDA(2) for the Broadcasting and Commercial Music Division up by 54.8%

Organic growth of 8.5% year-over-year in Broadcast and Recurring Commercial Music Revenues(1) including 18.1% in the United States; Revenues increased 18.9% to $89.2 million from $75.0 million; 805,000 streaming subscribers, up 16.4% over Q3 2022; Adjusted EBITDA(2) increased 20.9% to $34.5 million from $28.5 million. Adjusted EBITDA by segment was $22.6 million or 41.7% of revenues for Broadcasting and Commercial Music, $13.3 million or 37.9% of revenues for Radio and $(1.4) million for Corporate; Net income was $12.9 million ($0.19 per share(2)) compared with $12.5 million ($0.18 per share(2)); Adjusted Net income(2) of $16.5 million ($0.24 per share(2)) compared with $17.0 million ($0.24 per share(2)); Cash flow from operating activities decreased 0.6% to $24.6 million ($0.35 per share(2)) compared to $24.8 million ($0.35 per share(2)); Adjusted...

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