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Month: March 2023

Melcor Developments announces results for 2022, declares $0.16 per share dividend and appoints Naomi Stefura as COO

EDMONTON, Alberta, March 16, 2023 (GLOBE NEWSWIRE) — Melcor Developments Ltd. (TSX: MRD), a real estate development and asset management company with operations across western Canada and in the United States, today reported results for the fourth quarter and year ended December 31, 2022. Revenue decreased by 23% to $241.75 million in 2022 compared to a record high of $315.63 million in 2021. Net income was up 59% to $89.35 million or $2.75 per share (basic) in 2022, compared to $56.31 million or $1.70 per share (basic) in 2021. Net income is impacted by non-cash items including fair value adjustments on REIT units and investment properties. These fair value adjustments are due to market factors outside management’s control and that is why management prefers funds from operations (FFO)(1). FFO per share was down 24% to $1.88...

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Marathon Digital Holdings Reports Fourth Quarter and Fiscal Year 2022 Results

FORT LAUDERDALE, Fla., March 16, 2023 (GLOBE NEWSWIRE) — Marathon Digital Holdings, Inc. (NASDAQ:MARA) (“Marathon” or “Company”), a leader in supporting and securing the Bitcoin ecosystem, reported its financial and operational results for the fourth quarter and fiscal year 2022 ended December 31, 2022. Fiscal Year 2022 Financial ResultsThe Company recorded a net loss of $(686.7) million, or $(6.05) per share, during the fiscal year ended December 31, 2022, compared to a net loss of $(37.1) million, or $(0.37) per share, in the prior-year period ended December 31, 2021. Unfavorable variances during the year compared to the prior year included:A fourth quarter impairment charge related to the carrying value of mining rigs and advances to vendors of $332.9 million. Declines in the carrying value of our digital assets (both impairments...

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BW Energy: Golfinho transactions proceeds towards closing

Golfinho transactions proceeds towards closing With reference to the stock exchange announcement published on 2 March 2023, BW Energy has today been informed that the work related to the Golfinho transactions can be restarted. BW Energy will now continue to prepare for the closing of its acquisition of a 100% operated working interest (WI) in the Golfinho and Camarupim Clusters and 65% WI in the BM-ES-23 block from Petrobras, as well as taking over the FPSO Cidade de Vitoria from Saipem. This preparation work includes progressing relevant approvals from the Brazilian authorities, operational preparedness, field development planning and build-up of the local BW Energy organization. Closing the field transaction and FPSO takeover is subject to fulfilment or waiver of conditions precedent and the restart of the FPSO after upgrades required...

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GOGL – Filing of 2022 Annual Report on Form 20-F

Golden Ocean Group Limited (NASDAQ and OSE: GOGL) (the “Company”) announces that its annual report on Form 20-F for the year ended December 31, 2022 (the “Annual Report”) has been filed with the U.S. Securities and Exchange Commission (the “Commission”). The Annual Report may be accessed through the Company’s website, www.goldenocean.bm, or in the link below. The Annual Report is also available on the website of the Commission, www.sec.gov. Shareholders may also request a hard copy of the Annual Report, which includes the Company’s complete 2022 audited financial statements, by contacting the Investor Relations department.         Golden Ocean Group LimitedHamilton, BermudaMarch 16, 2023 Contact Person: Peder Simonsen: Chief Financial Officer, Golden Ocean Management AS +47 22 01 73 40 This information is subject to the disclosure requirements...

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Logiq Terminates Share Purchase Agreement with Ionic Ventures and Withdraws Registration Statement

NEW YORK, March 16, 2023 (GLOBE NEWSWIRE) — Logiq, Inc. (OTC:LGIQ), a leading provider of digital consumer acquisition solutions, has today announced the termination of its stock purchase agreement with Ionic Ventures and withdrawal of its S-1 financing facility. Logiq CEO, Brent Suen, stated: “We plan to embark on a decisive path of mergers and acquisitions, given that there is an amazing opportunity to increase our size, presence and revenue profile this year.” About LogiqLogiq Inc. is a U.S.-based provider of e-commerce and digital customer acquisition solutions by simplifying digital advertising. It provides data-driven, end-to-end marketing through its results solution or providing software to access data by activating campaigns across multiple channels. The company’s Digital Marketing business includes a holistic, self-serve...

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Predictive Oncology Announces Distribution of Series F Preferred Stock to Holders of its Common Stock

EAGAN, Minn., March 16, 2023 (GLOBE NEWSWIRE) — Predictive Oncology Inc. (NASDAQ: POAI) (“Predictive Oncology” or the “Company”), today announced that its Board of Directors declared a dividend of one one-thousandth of a share of newly designated Series F Preferred Stock, par value $0.01 per share, for each outstanding share of the Company’s common stock held of record as of 5:00 p.m. Eastern Time on March 27, 2023. The shares of Series F Preferred Stock will be distributed to such recipients at 5:00 p.m. Eastern Time on March 27, 2023. The outstanding shares of Series F Preferred Stock will vote together with the outstanding shares of the Company’s common stock, as a single class, exclusively with respect to a reverse stock split, as well as any proposal to adjourn any meeting of stockholders called for the purpose of voting on...

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Atari Announces Acquisition of 12 Classic Arcade Properties, Including Berzerk and Frenzy

A Dozen Retro Titles Join Atari’s Expansive Library of New and Old Favorites NEW YORK, March 16, 2023 (GLOBE NEWSWIRE) — Atari® — one of the world’s most iconic consumer brands and interactive entertainment producers — announced today the acquisition of a dozen retro arcade games, including the 80s classics Berzerk and Frenzy. Atari will seek to expand digital and physical distribution of the classic titles, create new games based on the IP, and explore brand and merchandising collaborations. Berzerk is a top-down, multidirectional shooter designed by Alan McNeil that was released for arcades in 1980. Frequently ranked in Top 100 Video Game lists, Berzerk is best known as one of the first arcade video games with speech synthesis, and for the iconic villain Evil Otto. In Berzerk, players navigate a maze of rooms while fighting...

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HF Foods Reports Fourth Quarter and Full Year 2022 Financial Results

Full Year Net Revenue up 47% to $1.2 Billion Distribution Network Services Over 15,000 Customers Across 46 States LAS VEGAS, March 16, 2023 (GLOBE NEWSWIRE) — HF Foods Group Inc. (NASDAQ: HFFG), a leading food distributor to Asian restaurants across the United States (“HF Foods”, “HF Group” or the “Company”), reported unaudited financial results for the fourth quarter and full year ended December 31, 2022. On January 31, 2023, HF Foods filed its Annual Report on Form 10-K for the year ended December 31, 2021 and its Quarterly Reports on Form 10-Q for the quarters ended March 31, 2022, June 30, 2022 and September 30, 2022, and regained compliance with Nasdaq Listing Rule 5250(c)(1), which requires timely filing of all required periodic reports. The Company does not expect to file its Annual Report on Form 10-K for the year ended...

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Condor Announces 2022 Year End Results

CALGARY, Alberta, March 16, 2023 (GLOBE NEWSWIRE) — Condor Energies Inc. is an internationally focused, publicly traded energy company (“Condor” or the “Company”) with activities in the Republic of Kazakhstan (“Kazakhstan”) and the Republic of Turkiye (“Turkiye”), is pleased to announce the release of its audited consolidated financial statements for the year ended December 31, 2022 and 2021 together with the related management’s discussion and analysis. These documents will be made available under Condor’s profile on SEDAR at www.sedar.com and on the Condor website at www.condorenergies.ca. Readers are invited to review the latest corporate presentation available on the Condor website. All financial amounts in this news release are presented in Canadian dollars, unless otherwise stated. HighlightsThe approvals required to complete...

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Cardinal Energy Ltd. Announces Monthly Dividend for March

CALGARY, Alberta, March 16, 2023 (GLOBE NEWSWIRE) — Cardinal Energy Ltd. (“Cardinal” or the “Company“) (TSX: CJ) confirms that our March dividend of $0.06 per common share will be paid on April 14, 2023 to shareholders of record on March 31, 2023. The Board of Directors of Cardinal has declared the dividend payable in cash. This dividend has been designated as an “eligible dividend” for Canadian income tax purposes. About Cardinal Energy Ltd. Cardinal works to continually improve its Environmental, Social and Governance profile and operates its assets in a responsible and environmentally sensitive manner. As part of this mandate, Cardinal injects and conserves more carbon than it directly emits making us one of the few Canadian energy companies to have a negative carbon footprint. Cardinal is...

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