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Month: March 2023

HII Hosts Chief of Naval Operations Adm. Michael Gilday at Newport News Shipbuilding

CNO Visits NNS – March 2023 From left, NNS President Jennifer Boykin, Chief of Naval Operations Adm. Michael Gilday and Jason Ward, NNS vice president of Virginia-class submarine construction, listen to a presentation during a visit to HII’s Newport News Shipbuilding division on Thursday, March 2, 2023. (Photo by Lexi Whitehead/HII)NEWPORT NEWS, Va., March 03, 2023 (GLOBE NEWSWIRE) — HII (NYSE: HII) hosted Chief of Naval Operations Adm. Michael Gilday for a visit to the company’s Newport News Shipbuilding division on Thursday during a scheduled visit to Hampton Roads. While in Newport News, Gilday met with NNS leadership and toured the shipyard. “We are always grateful to have Adm. Gilday spend time at the shipyard,” NNS President Jennifer Boykin said. “We understand the Navy’s national security mission starts right...

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eXp Realty Paid Over $240 Million in Revenue Share and Equity Benefits to Agents and Brokers in 2022

Revenue Share and Equity Benefits eXp Realty Paid Over $240 Million in Revenue Share and Equity Benefits to Agents and Brokers in 2022Revenue Share and Equity Benefits Detail Revenue share to agents increased 20% to $202 million in 2022. eXp Realty distributed more profit/revenue share benefits last year to agents and brokers than any other real estate brokerage model or platform. As part of our agent equity program, eXp World Holdings issued over 2.5 million EXPI shares to eXp Realty agents and brokers valued at more than $42.5 million.Aligning the interests of agents and brokers with the company they own is key to eXp Realty’s long-term growth strategyBELLINGHAM, Wash., March 03, 2023 (GLOBE NEWSWIRE) — eXp Realty®, “the most agent-centric real estate brokerage on the planet™” and the core subsidiary of eXp World...

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Essential Energy Services Announces Fourth Quarter and Year End Financial Results and Its 2023 Capital Budget

CALGARY, Alberta, March 03, 2023 (GLOBE NEWSWIRE) — Essential Energy Services Ltd. (TSX: ESN) (“Essential” or the “Company”) announces fourth quarter and year end financial results and its 2023 capital budget. SELECTED INFORMATION(in thousands of dollars except per share and percentages)For the three months ended For the years endedDecember 31, December 31,2022   2021   2022   2021   2020                       Revenue $ 40,345   $ 35,104   $ 150,097   $ 121,208   $ 96,173  Gross margin   7,759     5,105     28,090     23,228     20,418  Gross margin %   19%     15%     19%     19%     21%  EBITDAS (1)   5,103     2,423     18,056     15,181     13,530  EBITDAS % (1)   13%     7%     12%     13%     14%  Net loss   (1,483 )   (4,469 )   (1,755 )   (11,397 )   (16,810 )Per share – basic and...

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Lavras Gold will stay focused on discovery in 2023

The news release should be read in conjunction with our audited consolidated financial statements and management’s discussion and analysis for the year ended December 31, 2022. Both are available under our profile at www.sedar.com. All monetary amounts are in Canadian dollars unless stated otherwise. TORONTO, March 03, 2023 (GLOBE NEWSWIRE) — Lavras Gold Corp. (TSXV: LGC) set out its short- and long-term goals as it reported results for the year ended December 31, 2022 today. The Company’s singular vision is realizing the economic potential of the LDS Project, Lavras Gold’s advanced gold exploration property in southern Brazil. “We achieved all of our 2022 goals,” said Michael Durose, Lavras Gold’s President and Chief Executive Officer. “We completed our share consolidation, doubled our consolidated gold resources, and made three...

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LGI Homes, Inc. Reports February 2023 Home Closings

THE WOODLANDS, Texas, March 03, 2023 (GLOBE NEWSWIRE) — LGI Homes, Inc. (NASDAQ: LGIH) today announced it closed 506 homes in February 2023. As of February 28, 2023, the Company had 97 active selling communities. About LGI Homes, Inc. LGI Homes, Inc. is a pioneer in the homebuilding industry, successfully applying an innovative and systematic approach to the design, construction and sale of homes. As one of America’s fastest growing companies, LGI Homes has a notable legacy of more than 19 years of homebuilding excellence, over which time it has closed more than 50,000 homes and has been profitable every year. Headquartered in The Woodlands, Texas, LGI Homes has operations across 35 markets in 20 states and, since 2018, has been ranked as the 10th largest residential builder in the United States based on units closed. Nationally...

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AGF Management Limited to Release First Quarter Financial Results on March 22, 2023

TORONTO, March 03, 2023 (GLOBE NEWSWIRE) — AGF Management Limited (TSX: AGF.B) will release its financial results for Q1 2023 on Wednesday, March 22, 2023 at approximately 8:00 a.m. ET. AGF will hold a conference call and webcast to discuss these results at 11:00 a.m. ET. The discussion will feature remarks by Kevin McCreadie, Chief Executive Officer and Chief Investment Officer, and Jenny Quinn, Vice-President and Interim Chief Financial Officer. Judy G. Goldring, President and Head of Global Distribution, will also be available for the question and answer period with investment analysts following the presentation. The live audio webcast with supporting materials will be available in the Investor Relations section of AGF’s website at www.agf.com or at https://edge.media-server.com/mmc/p/ovjgdyso. Alternatively, the call can be...

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AGF Reports February 2023 Assets Under Management and Fee-Earning Assets

TORONTO, March 03, 2023 (GLOBE NEWSWIRE) — AGF Management Limited reported total assets under management (AUM) and fee-earning assets1 of $41.9 billion as at February 28, 2023.           AUM($ billions)February 28,2023 January 31,2023 % ChangeMonth-Over-Month February 28,2022 % ChangeYear-Over-YearTotal Mutual Fund (including retail pooled funds) $24.0 $24.1   $23.6  Institutional and Sub-advisory + Exchange-traded funds + AGF Private Wealth $15.8 $15.9   $16.2  Subtotal (before AGF Private Capital AUM and fee-earning assets1) $39.8 $40.0   $39.8  AGF Private Capital $0.1 $0.1   $0.1  Total AUM $39.9 $40.1 (0.5%) $39.9 0.0%AGF Private Capital fee-earning assets1 $2.0 $2.0   $2.1  Total AUM and fee-earning assets1 $41.9 $42.1 (0.5%) $42.0 (0.2%)           Average Daily Mutual Fund AUM $24.1 $23.7   $23.9  1 Fee-earning...

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Water Ways Announces $405,750 Private Placements of Equity Convertible Debenture Units

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES TORONTO, March 03, 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, announces further to its recently announced (see press releases dated February 10, 2023) private placement (the “Offering“) the closing, subject to receipt of all regulatory approvals and final TSX Venture Exchange approval, of the Offering of 2,415,000 units (the “Units“) at a price of CAD$0.13 per Unit, for gross proceeds of up to CAD$313,950 (the “Gross Proceeds“). Each Unit is comprised of one common share in the capital of the Corporation...

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Hexatronic completes acquisition of Rochester Cable

Press release March 3, 2023Gothenburg, Sweden Hexatronic completes acquisition of Rochester Cable Hexatronic Group AB (publ.) (“Hexatronic”) has today, March 3, 2023, completed the previously announced acquisition of Rochester Cable – one of the main designers and manufacturers of harsh environment electro-optical cables in the U.S., from TE Connectivity Corporation. The acquisition was announced October 3, 2022, and we have received regulatory approval. The acquisition broadens Hexatronic’s offering within fiber optic submarine communication cables to include dynamic working cables that can transmit both data and power. The acquisition includes all business activities, land, and buildings, including manufacturing facilities. The acquisition has been fully financed with a senior bank loan. Gothenburg, March 3, 2023 Henrik Larsson...

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Global Arena Holding Subsidiary Global Election Services Inc. Has Completed Its Investment Into TrueVote Inc.

NEW YORK, NY, March 03, 2023 (GLOBE NEWSWIRE) — via NewMediaWire — Global Arena Holding, Inc. (the “Company”) (OTC Markets: GAHC), a growth oriented, acquisition minded company, focused on specific niche markets offering exponential growth, is pleased to announce that its operating subsidiary, Global Election Services, Inc (GES) has completed its investment into TrueVote, Inc. TrueVote, Inc. is developing a comprehensive end-to-end, decentralized, completely digital voting system. The TrueVote Voting System will be based on traditional, proven database methodologies and layered with a “checksum” that is posted on the blockchain, proving all data is immutable and unalterable. On February 27, 2023, GES entered into a First Amendment to a Convertible Promissory Note originally dated December 20, 2019. The related Stock Purchase...

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