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Day: March 29, 2023

CFO Martin Klöti to leave Schweiter Technologies

Ad hoc announcement pursuant to Art. 53 LR CFO Martin Klöti to leave Schweiter TechnologiesMartin Klöti, Chief Financial Officer (CFO) and member of the Management of Schweiter Technologies, has decided to leave the companySteinhausen, 29 March 2023 – Martin Klöti, who has been with Schweiter Technologies since 2003 and CFO of the Group since 2014, has decided to leave the Management as of September 2023 to take up a new position outside the company. The Board of Directors will be sorry to see him leave and wishes to take this opportunity to thank him for his many years of dedicated service and his enormous contribution to the development of Schweiter Technologies. The search for his successor will be initiated forthwith. For further information please contact: Martin Klöti, CFO Tel. +41 41 757 77 00 investor@schweiter.com ABOUT SCHWEITER Schweiter...

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goeasy Ltd. Provides Update on Federal Budget and Announces New Funding Capacity

MISSISSAUGA, Ontario, March 28, 2023 (GLOBE NEWSWIRE) — goeasy Ltd. (TSX: GSY), (“goeasy” or the “Company”), one of Canada’s leading non-prime consumer lenders, has provided an update regarding the Government of Canada’s intent to change the maximum allowable rate of interest outlined within the Federal Budget presented on March 28, 2023, and an update on recent enhancements that increase its sources of funding capacity. Update on the Federal Budget On March 28, 2023, the Federal Government announced its plan to reduce the maximum allowable rate of interest to an annual percentage rate of 35% (APR), prior to releasing the results of the recent Department of Finance consultation. Consequences for Canadian Consumers – goeasy has been actively engaged in the Federal Government consultation process, both directly and in partnership...

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Junshi Biosciences Announces Establishment of Joint Venture with Rxilient Biotech to Jointly Develop and Commercialize Toripalimab in Southeast Asia

— The two parties will collaborate to develop and commercialize toripalimab in 9 Southeast Asian countries through a joint venture company, Excellmab — Excellmab will be responsible for the development, medical affairs, production of finished products, and commercialization of toripalimab within the cooperation territory. The profits available for distribution by Excellmab will be distributed in proportion to the respective shareholdings of the parties — Using the Excellmab platform, the two parties also plan to collaborate extensively to introduce more high-quality innovative drugs into Southeast Asian markets to achieve joint and long-term development — According to the progress of toripalimab’s R&D and other projects, Junshi Biosciences may receive a milestone payment of up to approximately US$4.52 million,...

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Flow Capital Announces 2022 Annual Audited Financial Results

Q4 Revenue from Royalties and Interest of $2,263,790; YTD $7,795,300 — YoY growth of 28% TORONTO, Ontario, March 28, 2023 (GLOBE NEWSWIRE) — Flow Capital Corp. (TSXV: FW) (“Flow Capital” and “Company”), a leading provider of flexible growth capital and alternative debt solutions, announces its audited financial and operating results for the three-months (“Q4 2022”) and year ended December 31, 2022 (“YE 2022”). Financial references are in Canadian dollars unless otherwise specified. 2022 Performance HighlightsRevenue from Royalties and Interest of $2.26M in Q4 2022; Fiscal 2022 Royalty and Interest revenue of $7.8M; YoY growth of 28% Book value of approximately $1.22 per share; YoY growth of 63%. This includes the re-recognition of a deferred tax asset of $7.9M. Excluding the tax asset, Book Value was up 29% over the year...

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PyroGenesis Schedules 2022 Fiscal Year Financial Results and Business Update Conference Call

MONTREAL, March 28, 2023 (GLOBE NEWSWIRE) — PyroGenesis Canada Inc. (http://pyrogenesis.com) (TSX: PYR) (NASDAQ: PYR) (FRA: 8PY), a high-tech company (hereinafter referred to as the “Company” or “PyroGenesis”), that designs, develops, manufactures and commercializes advanced plasma processes and sustainable solutions which are geared to reduce greenhouse gases (GHG), today announced that it plans to host a conference call at 11:00 AM Eastern Time on Friday, March 31, 2023, to discuss the Company’s financial results for the 2022 fiscal year ended December 31, 2022, as well as the Company’s corporate progress and other developments. To access the conference call, please pre-register using this link. Registrants will receive confirmation with dial-in details. A live webcast of the conference call can be accessed at https://edge.media-server.com/mmc/p/rxcgk48w/...

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ReShape Lifesciences® To Delay Year Ended December 31, 2022 Earnings Release and Conference Call

SAN CLEMENTE, Calif., March 28, 2023 (GLOBE NEWSWIRE) — ReShape Lifesciences Inc. (Nasdaq: RSLS), the premier physician-led weight loss and metabolic health-solutions company, today announced that it will delay its year ended December 31, 2022 earnings release and conference call, previously scheduled for 8:00 am ET on March 29, 2022. The delay is required to allow the company additional time to complete its year end audited financial information. ReShape Lifesciences will issue a press release announcing a new date and time of the postponed earnings release and conference call upon completion of the year end audited financial information. About ReShape Lifesciences® ReShape Lifesciences® is America’s premier weight loss and metabolic health-solutions company, offering an integrated portfolio of proven products and services that...

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Hammerhead Energy Inc. Announces Record 2022 Annual Results, 2022 Year-end Reserves and Provides 2023 Guidance

CALGARY, Alberta, March 28, 2023 (GLOBE NEWSWIRE) — Hammerhead Energy Inc. (“Hammerhead Energy” or “HEI”) (TSX: HHRS, HHRS.WT ; NASDAQ: HHRS, HHRSW) is pleased to announce record 2022 annual financial and operating results, year-end 2022 reserves and provide 2023 guidance. On February 23, 2023, HEI completed a plan of arrangement pursuant to a business combination agreement with Decarbonization Plus Acquisition Corporation IV (“DCRD”), an affiliate of HEI’s controlling shareholder, Riverstone Holdings LLC, Hammerhead Resources Inc. (the “Company”) and certain other parties and their respective shareholders. Pursuant to the plan of arrangement, DCRD amalgamated with a wholly owned subsidiary of the Company which was incorporated for the purpose of effecting the business combination to form Hammerhead Energy Inc....

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Firm Capital Mortgage Investment Corporation Announces Year Ended and Q4/2022 Results, as Well as the Declaration of April, May, and June Monthly Cash Dividends

TORONTO, March 28, 2023 (GLOBE NEWSWIRE) — Firm Capital Mortgage Investment Corporation (the “Corporation”) (TSX FC, FC.DB.G, FC.DB,H, FC.DB.I, FC.DB.J ,FC.DB. K and FC.DB.L) released its financial statements for the three and twelve months ended December 31, 2022. NET INCOMEFor the three months ended December 31, 2022, net income increased by 2.9% to $7,955,086 as compared to $7,734,278 reported for the same period in 2021. Net income for the year ended December 31, 2022, increased by 7.5% to $32,234,067 as compared to $29,985,385 for the year ended December 31, 2021. The increase is primarily a result of higher interest income due to a larger average Investment Portfolio size (the portfolio size was on average $82 million higher in 2022), a higher average interest rate (December 31, 2022 – 10.99% vs December 31, 2021 – 7.91%)...

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WEST MINING ANNOUNCES NEW CFO

Vancouver, BC, March 28, 2023 (GLOBE NEWSWIRE) — West Mining Corp. (“West” or the “Company”) (CSE: WEST) (OTC: WESMF) is pleased to announce that Natasha Tsai has joined the Company as its Chief Financial Officer. Ms. Tsai, CPA, CA, is Managing Director at Malaspina Consultants Inc. She has been a senior advisor and CFO with companies in a broad range of industries. Natasha specializes in the areas of financial operations and business performance. Prior to 2012, Natasha was the CFO of a junior mining company and the corporate controller of an early stage company in the energy sector. Natasha is a graduate of Sauder School of Business at UBC and received her Chartered Accountant designation in 2007. She is also a former co-chair of the Young CA Forum at the Institute of Chartered Accountants of BC. Ms. Tsai replaces former CFO Abbey...

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Aduro Clean Technologies Increases Size of Private Placement to $4 Million

Aduro Clean Technologies Increases Size of Private Placement to $4 Million Aduro Clean Technologies Increases Size of Private Placement to $4 MillionNOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES SARNIA, Ontario, March 28, 2023 (GLOBE NEWSWIRE) — Aduro Clean Technologies Inc. (“Aduro” or the “Company”) (CSE: ACT) (OTCQB: ACTHF) (FSE: 9D50), a Canadian developer of patented water-based technologies to chemically recycle plastics, and to transform heavy crude and renewable oils into feedstocks and higher-value fuels, is pleased to announce that, further to its news release dated March 8, 2023, it has increased the size of its non-brokered private placement of units (the “Units”) at $0.93 per Unit for gross proceeds of a minimum of $1,999,965 and up to a maximum of $4,000,000 (the...

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