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Month: March 2023

Altamira Therapeutics’ SemaPhore Delivery Platform Shows Significant Synergis-tic Effects of ZBTB46 mRNA with PD1 Immunotherapy in Control of Tumor Growth in Animal Model

HAMILTON, BERMUDA, March 22, 2023 (GLOBE NEWSWIRE) —Preprint of results from animal study shows restriction of tumor growth in mice treated with ZBTB46 mRNA nanoparticles based on Altamira’s SemaPhore™ delivery technology Nanoparticle treatment combined with immune checkpoint inhibitor results in synergistic control of tumor growthAltamira Therapeutics (“Altamira” or the “Company”) (Nasdaq:CYTO), a company dedicated to developing RNA-based therapeutics that address important unmet medical needs, today announced the release of animal data by a Washington University School of Medicine (St. Louis, MO) research group showing restriction of tumor growth with a novel mRNA therapeutic delivered in nanoparticles based on the Company’s SemaPhore™ delivery platform. Expression of the ZBTB46 gene...

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Tenax Announces Issuance of U.S. Patent Covering Use of IV Levosimendan in Pulmonary Hypertension with Heart Failure with Preserved Ejection Fraction (PH-HFpEF)

Patent provides intellectual property protection until December 2040 PH-HFpEF affects more than 1,600,000 North Americans, with estimates indicating a prevalence of more than 2,000,000 patients by 2030 There are currently no FDA approved treatments for PH-HFpEF Levosimendan combines two MoAs that, for the first time, specifically target the symptoms PH-HFpEF patients suffer.CHAPEL HILL, N.C., March 22, 2023 (GLOBE NEWSWIRE) — Tenax Therapeutics, Inc. (Nasdaq: TENX), a specialty pharmaceutical company focused on identifying, developing and commercializing products that address cardiovascular and pulmonary diseases with high unmet medical need, announced today that the Company has been issued a patent by the United States Patent and Trademark Office (USPTO) with claims covering the use of IV levosimendan in the treatment of pulmonary...

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Pacific Western Bank Provides Further Update and Details on Financial Strength

LOS ANGELES, March 22, 2023 (GLOBE NEWSWIRE) — Pacific Western Bank (the “Bank”), the primary subsidiary of PacWest Bancorp (NASDAQ: PACW) (the “Company”), today issues the following update regarding its financial strength, including liquidity and deposits, as well as other recent developments. Financial information is unaudited. Consistent with its announcement on March 17, 2023, the Bank continues to benefit from solid liquidity and stabilized deposit balances, with over $11.4 billion in available cash as of March 20, 2023, which exceeds total uninsured deposits of $9.5 billion as of March 20, 2023.  The Bank also continues to have a diversified deposit base that includes commercial, community banking, homeowners associations, retail, and venture customers. Selected deposit information is shown below.  December 31, 2022   March...

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Water Ways Signs Smart Irrigation and Fertigation Project in Canada With a Total Expected Value of CAD$850,000

Apple Orchard Apple OrchardNOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES TORONTO, March 22, 2023 (GLOBE NEWSWIRE) — Water Ways Technologies Inc. (TSXV: WWT) (FRA: WWT) (“Water Ways” or the “Company“), a global provider of Israeli-based agriculture technology, providing water irrigation solutions to agricultural producers, is pleased to announce that its fully owned Canadian subsidiary, Heartnut Grove WWT Inc. (“HGWWT“), has signed an agreement to design and supply a complete smart irrigation and fertigation system for a recurring customer. Under the agreement, HGWWT will provide irrigation and fertigation system for an apple orchard project in Southern Ontario. The first stage of the project, with a total expected value of CAD$850,000, will use the latest...

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Wearable Devices Announces 2022 Financial Results

YOKNE’AM ILLIT, Israel, March 22, 2023 (GLOBE NEWSWIRE) — Wearable Devices Ltd. (Nasdaq: WLDS, WLDSW) (“Wearable Devices” or the “Company”), a growth company developing a wrist-worn neural interface technology for B2B and B2C customers, today announced its financial results for the year ended December 31, 2022. The Company continued its investment in research and development, production and business development activities and together with the expenses incurred from the Company’s initial public offering (“IPO”) in the U.S. in September of 2022, net loss increased to $(6,496,000), or $(0.53) per diluted share, for the year ended December 31, 2022, as compared to a net loss of $(2,614,000), or $(0.27) per diluted share, for the year ended December 31, 2021. Cash balance at December 31, 2022 was $10.4 million, compared to $1.3 million...

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AGF Management Limited Reports First Quarter 2023 Financial Results

TORONTO, March 22, 2023 (GLOBE NEWSWIRE) —Reported quarterly diluted earnings per share of $0.26 Positive mutual fund net sales of $221 million for the quarter Increased quarterly dividend to $0.11 per shareAGF Management Limited (AGF or the Company) (TSX: AGF.B) today announced financial results for the first quarter ended February 28, 2023. AGF reported total assets under management and fee-earning assets1 of $41.9 billion compared to $41.8 billion as at November 30, 2022 and $42.0 billion as at February 28, 2022. Year-over-year, the slight AUM decline was driven by market volatility, offset by positive net sales. “During a time of market uncertainty, we remain focused on providing our clients with consistency when it comes to our performance, our investment approach and our client interactions,” said Kevin McCreadie, Chief...

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Stronghold Announces Fourth Quarter 2022 Operations and Financial Update and Provides Updates on Key Business Initiatives

NEW YORK, March 22, 2023 (GLOBE NEWSWIRE) — Stronghold Digital Mining, Inc. (NASDAQ: SDIG) (“Stronghold”, or the “Company”) provided the following updates regarding its operations and financial performance: Fourth Quarter 2022 Financial Performance Stronghold generated an estimated $23 million of revenue, an estimated $48 million of net loss, and an estimated $5 million of adjusted EBITDA (see reconciliation of non-GAAP financial measures) during the fourth quarter of 2022. Revenue comprised an estimated $14 million from the sale of energy, an estimated $8 million from cryptocurrency mining, and an estimated $1 million from capacity sales during the quarter. The period featured two extremes: record high PJM power prices in December and record low Bitcoin hash price in November. The Company believes that Stronghold’s vertically...

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AGF Management Limited Declares First Quarter 2023 Dividend

TORONTO, March 22, 2023 (GLOBE NEWSWIRE) — On March 21, 2023, the Board of Directors of AGF Management Limited declared a dividend of $0.11 per share on both the Class B Non-Voting shares and the Class A Voting common shares of the company. This dividend will be payable on April 21, 2023 to shareholders of record on April 11, 2023. ABOUT AGF MANAGEMENT LIMITED Founded in 1957, AGF Management Limited (AGF) is an independent and globally diverse asset management firm delivering excellence in investing in the public and private markets through its three distinct business lines: AGF Investments, AGF Private Capital and AGF Private Wealth. AGF brings a disciplined approach focused on providing an exceptional client experience and incorporating sound responsible and sustainable practices. The firm’s investment solutions, driven by its...

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Scatec’s net zero climate targets approved by Science Based Targets initiative

Oslo, 22 March 2023: Scatec ASA’s climate targets were approved by the Science Based Targets initiative (SBTi) in January 2023, showing the company’s commitment to drive sustainable growth by setting ambitious, science-based emissions reduction targets. “We are very pleased to have received the approval of our science-based net zero target by SBTi. We set our climate ambitions in line with the latest climate science from the IPCC to limit warming to 1.5 degrees, requiring Scatec to minimise direct emissions by 2030 and achieve net zero emissions across our value chain by 2040. We now look forward to continuing this critical journey and playing our role as a key renewable energy company in emerging markets,” says Scatec CEO Terje Pilskog. Our commitment: Near-Term Targets (from a 2019 base year)Scatec commits to reduce absolute scope...

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Edible Garden Reports 10% Revenue Growth for 2022

Achieves Third Consecutive Quarter of Year-Over-Year Revenue Growth Reports Strong Execution and Projects Turning Cash Flow Positive in 2023 Zero-Waste Inspired® Mission Continues to Resonate with Environmentally Conscious Consumers and Retail Distribution Partners Resulting in Growing Product Demand  Conference Call to Be Held Today at 11:00 am ET. BELVIDERE, N.J., March 22, 2023 (GLOBE NEWSWIRE) — Edible Garden AG Incorporated (“Edible Garden” or the “Company”) (Nasdaq: EDBL, EDBLW), a leader in controlled environment agriculture (CEA), locally grown, organic and sustainable produce and products, today provided a business update and reported financial results for the three month and full year periods ended December 31, 2022. Mr. Jim Kras, Chief Executive Officer of Edible Garden, commented, “We are pleased to report that for...

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