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Day: March 23, 2023

Bioasis Provides Update on Business Operations

NEW HAVEN, Conn., March 23, 2023 (GLOBE NEWSWIRE) — BIOASIS TECHNOLOGIES INC. (OTCQB:BIOAF; TSX.V:BTI) (the “Company” or “Bioasis”), a multi-asset rare and orphan disease biopharmaceutical company developing clinical stage programs based on epidermal growth factor and a differentiated, proprietary xB3 ™ platform for delivering therapeutics across the blood-brain barrier (“BBB”) and the treatment of central nervous system (“CNS”) disorders in areas of high unmet medical need provides this update on its business operations. On February 28, 2023, Lind Global Macro Fund, LP (“Lind”) agreed to allow the Company to defer the C$100,000 February payment owing to Lind under the terms of the convertible security funding agreement between the Company and Lind (the “CSFB”). The Company continues to reduce its research activities and...

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AIP Realty Trust Announces March Distribution and Provides Business Update

VANCOUVER, British Columbia, March 23, 2023 (GLOBE NEWSWIRE) — AIP Realty Trust (the “Trust” or “AIP”) (TSXV:AIP.U) today announced that its Board of Trustees (the “Board”) has declared a quarterly cash distribution in the amount of $0.02 per unit. The declared amount represents a 50% decrease from the distributions of $0.04 per unit paid by the Trust for each of the past three quarters. The distribution will be payable on April 17, 2023 (the “Distribution Date”), to unitholders of record on March 31, 2023. All dollar amounts are stated in U.S. dollars. After careful consideration of the Trust’s financial resources, and while the presently owned Eagle Court facility in Lewisville, TX remains fully leased and occupied and is performing in accordance with pro forma expectations, the Board made the decision to revise its distribution...

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Timbercreek Financial Declares March 2023 Dividend

TORONTO, March 23, 2023 (GLOBE NEWSWIRE) — Timbercreek Financial (TSX: TF) (the “Company”) is pleased to announce that it has declared a monthly cash dividend of $0.0575 per common share (“Common Share”) of the Company to be paid on April 14, 2023 to holders of Common Shares of record on March 31, 2023. The Company also offers a Dividend Reinvestment Plan (the “Plan”), which is eligible to holders of Common Shares and provides a convenient means to purchase additional Common Shares by reinvesting cash dividends at a potential discount and without having to pay commissions, service charges or brokerage fees. Pursuant to the Plan and at the discretion of Timbercreek Capital Inc., the Manager, Common Shares will be acquired in the open market at prevailing prices or issued from treasury at 98 percent of the average market price (the...

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Aptose Reports Results for the Fourth Quarter and Full Year 2022

─ APTIVATE Expansion Trial of Tuspetinib as Single Agent in Relapsed/Refractory AML Patients is Up and Running; Initiated Enrollment of Combination Treatment Arm with Venetoclax ─ ─ RAS Mutated AML Clinically Sensitive to Tuspetinib ─ ─ Continuous Dosing of G3 Formulation of Luxeptinib Ongoing ─ ─ Conference Call and Webcast at 5:00 pm ET Today ─ SAN DIEGO and TORONTO, March 23, 2023 (GLOBE NEWSWIRE) — Aptose Biosciences Inc. (“Aptose” or the “Company”) (NASDAQ: APTO, TSX: APS), a clinical-stage precision oncology company developing highly differentiated oral kinase inhibitors to treat hematologic malignancies, today announced financial results for the fourth quarter and year ended December 31, 2022, and provided a corporate update. The net loss for the quarter ended December 31, 2022, was $10.0 million ($0.11 per share) compared...

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Nogin Reports Fourth Quarter and Full Year 2022 Financial and Operational Results

Significant Sales and Technology Investments Drive $94.3 Million in Total Revenue and Ongoing Client Acquisition Momentum 2022 Fourth Quarter Cost-Optimization Initiatives Provide Significant Adjusted EBITDA Benefit and Position Company Closer to Reaching Profitability TUSTIN, Calif., March 23, 2023 (GLOBE NEWSWIRE) — Nogin (Nasdaq: NOGN) (“Nogin” or the “Company”), a leading provider of innovative Commerce-as-a-Service (“CaaS”) technology, today reported its financial results for the fourth quarter and full year ended December 31, 2022. Management Commentary“In a year largely defined by global market uncertainty, 2022 was a transformational year for our organization,” said Nogin CEO Jon Huberman. “Our technology is at the heart of what we do, and our efforts last year to develop our revolutionary Intelligent Commerce Platform...

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The Metals Company Provides Q4 2022 and FY 2022 Corporate Update and Key Strategic and Financial Announcements

NEW YORK, March 23, 2023 (GLOBE NEWSWIRE) — TMC the metals company Inc. (Nasdaq: TMC) (“TMC” or “the Company”), an explorer of lower-impact battery metals from seafloor polymetallic nodules, today provided a corporate update and financial results for the fourth quarter ending December 31, 2022. Q4 2022 and FY 2022 Financial HighlightsNet loss of $109.6 million and loss per share of $0.41 for the quarter ended December 31, 2022. Following the successful conclusion of the integrated pilot nodule collection system trial in November 2022, we recorded $69.9 million related to the fair value on grant date ($7 per DeepGreen share in March 2021) of the 10 million Allseas warrants which became exercisable and $8.7 million related to 10.85 million shares issued to Allseas as completion payment, both of which were announced last quarter For...

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KULR Reports Record Fourth Quarter and Full Year 2022 Financial Results

Fourth Quarter 2022 Revenue and Full-Year 2022 Revenue Up 137% and 66% Year-Over-Year Respectively SAN DIEGO, March 23, 2023 (GLOBE NEWSWIRE) — KULR Technology Group, Inc. (NYSE American: KULR) (the “Company” or “KULR”), a leading energy management platform company accelerating the global transition to a sustainable electrification economy, today announced its financial results for the fourth quarter and full-year 2022. “Often upfront costs are required to secure exponential future growth – over the course of 2022, KULR was able to maintain gross margins while scaling revenues and adding significant resources to both R&D and buildout of the Company’s technology roadmap,” said KULR CEO Michael Mo. “We continue to capitalize and expand our organization across all facets, as we stated we would do...

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Vintage Wine Estates Provides Update on Timing of Reporting

INCLINE VILLAGE, Nev., March 23, 2023 (GLOBE NEWSWIRE) — Vintage Wine Estates, Inc. (Nasdaq: VWE and VWEWW) (“VWE” or the “Company”), one of the top wine producers in the U.S. with an industry leading direct-to-consumer platform, today announced that it requires more time to complete processes needed to close its second quarter of fiscal 2023. The Company now expects to file its amended first quarter 2023 10-Q and report its second quarter fiscal 2023 results as soon as practical, but no later than April 30, 2023. The Company had reported on February 8, 2023, that it intends to amend and file its first quarter 2023 10-Q as soon as practical. Investors should no longer rely upon the Company’s previously released financial statements for the first quarter of fiscal 2023. Similarly, related press releases, earnings releases, and investor...

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JOANN Announces Fourth Quarter and Full Year Fiscal 2023 Results

Topline sales gained momentum post-Black Friday, improving sequentially through the fourth quarter including positive total comparable sales in January 2023 Fiscal 2023 year-end inventories down 11% compared to last year with a clearance position less than 5% Cost headwinds are becoming tailwinds through on-going progress of Focus, Simplify and Grow initiative New credit facility agreement strengthens balance sheet for fiscal year 2024HUDSON, Ohio, March 23, 2023 (GLOBE NEWSWIRE) — JOANN Inc. (NASDAQ: JOAN) (“JOANN”), the nation’s category leader in fabric and sewing with one of the largest assortments of arts and crafts products, today reported results for its fourth quarter and full year ended January 28, 2023. JOANN’s President and Chief Executive Officer Wade Miquelon commented, “In fiscal year 2023, we navigated a challenging...

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Oxford: Owner of Tommy Bahama, Lilly Pulitzer and Johnny Was Reports Record Fourth-Quarter and Full-Year Fiscal 2022 Results, Increases Quarterly Dividend 18%

Full-year sales increased 24% to $1.41 billion 2022 operating margin increased 100 basis points to 15.5%, or 130 basis points to 16.6% on an adjusted basis GAAP EPS increased 31% to $10.19 and adjusted EPS increased 36% to $10.88 Initiates fiscal 2023 guidance of revenues of $1.62 billion to $1.66 billion, GAAP EPS of $10.86 to $11.26 and adjusted EPS of $11.50 to $11.90ATLANTA , March 23, 2023 (GLOBE NEWSWIRE) — Oxford Industries, Inc. (NYSE:OXM) today announced financial results for its fourth quarter and full fiscal year 2022 ended January 28, 2023. Consolidated net sales for the full fiscal 2022 year increased 24% to $1.41 billion compared to $1.14 billion in fiscal 2021. Earnings per share (EPS) on a GAAP basis increased 31% to $10.19 compared to $7.78 in fiscal 2021. On an adjusted basis, EPS increased 36% to $10.88 compared...

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