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Month: April 2023

NOVAGOLD Reports First Quarter 2023 Financial Results

Donlin Gold Commenced Fieldwork, Advanced Resource Modelling and Trade-Off Studies in Preparation for Updated Feasibility Study Strong $116-Million Treasury with $25-Million Receivable due in July 2023The 2023 field program commenced early in the year to complete the necessary fieldwork and geotechnical drilling for the Alaska Dam Safety certificates applications. With the successful completion of the largest drill program in over 15 years, the owners are focused on finalizing the resource model and trade-off studies capping off the preparatory work toward proceeding with an updated feasibility study. NOVAGOLD’s treasury remained strong with $116 million in cash and term deposits as of February 28, 2023, with an additional $25 million due in July 2023 from Newmont Corporation (“Newmont”), keeping NOVAGOLD in a healthy financial position...

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W&T Offshore Apparent High Bidder on Two Gulf of Mexico Blocks in Lease Sale 259

HOUSTON, April 04, 2023 (GLOBE NEWSWIRE) — W&T Offshore, Inc. (NYSE: WTI) (“W&T” or the “Company”) today announced that the Company was the apparent high bidder on two blocks in the Gulf of Mexico (“GOM”) Lease Sale 259 held by the Bureau of Ocean Energy Management (“BOEM”) on March 29, 2023. Lease Sale 259 W&T was the apparent high bidder in the most recent GOM lease sale on two shallow water blocks, Eugene Island South Addition block 371 and Eugene Island South Addition block 387. These two blocks cover a total of approximately 10,000 gross acres. If awarded, the Company will pay approximately $340,000 in total for the awarded leases combined, which reflects a 100% working interest in the acreage. The blocks have a lease term of five years and an 18.75% royalty. Despite submitting the apparent high bid on these...

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Fortis Inc. to Hold Teleconference on May 3 to Discuss First Quarter 2023 Results and Hold Annual Meeting on May 4

ST. JOHN’S, Newfoundland and Labrador, April 04, 2023 (GLOBE NEWSWIRE) — Fortis Inc. (“Fortis” or the “Corporation”) (TSX/NYSE: FTS) will release its first quarter 2023 financial results on Wednesday, May 3, 2023. A teleconference and webcast will be held the same day at 8:30 a.m. (Eastern). David Hutchens, President and Chief Executive Officer and Jocelyn Perry, Executive Vice President and Chief Financial Officer will discuss the Corporation’s first quarter financial results. Shareholders, analysts, members of the media and other interested parties in North America are invited to participate by calling 1.888.886.7786. International participants may participate by calling 1.416.764.8658. Please dial in 10 minutes prior to the start of the call. No passcode is required. A live and archived audio...

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Gorilla Technology Group Reports 2022 Financial Results

–2022 Transition Year post IPO—–Starts 2023 with Groundbreaking MENA Smart City Cybersecurity Win–— Clear Revenue Visibility for 2023 and 2024 —–Initiates 2023 Revenue Guidance of $65 to $75 million– LONDON, April 04, 2023 (GLOBE NEWSWIRE) — Gorilla Technology Group Inc. (“Gorilla”) (NASDAQ: GRRR), a global provider of AI-based edge video analytics, IoT technologies, and cybersecurity, today reported its unaudited financial results for the year ended December 31, 2022. 2022 Highlights:Strategic pivot to security convergence as complement to advanced AI video analytics Beefed up video analytics offering with acquisition of assets of SeeQuestor Greater access to capital from listing on Nasdaq via reverse merger with Global SPAC Partners Moved from Taiwan-based regional supplier to London-based...

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HealthEquity Partners With Microsoft to Fast-Track the Future of Health Benefits Using Cloud Capabilities

Collaboration drives digital transformation with Microsoft Azure, build better experiences for customers and employees DRAPER, Utah, April 04, 2023 (GLOBE NEWSWIRE) — HealthEquity, Inc. (NASDAQ: HQY) (“HealthEquity”), the nation’s largest health savings account (HSA) custodian, has announced a strategic collaboration with Microsoft to modernize healthcare benefit administration through Microsoft Azure. The company’s investment in Azure furthers the HealthEquity “cloud-first” strategy to unite, simplify and modernize its technology capabilities to support the healthcare needs of clients and members. “HealthEquity has a rich history for innovating healthcare products and services to benefit Americans. Our collaboration with Microsoft will allow us to continue modernizing and maturing the healthcare benefits industry to make benefits...

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Palomar Holdings, Inc. Announces Successful Placement of Additional Earthquake Reinsurance Limit

LA JOLLA, Calif., April 04, 2023 (GLOBE NEWSWIRE) — Palomar Holdings, Inc. (NASDAQ: PLMR) (“Palomar” or the “Company”) today announced the successful placement of certain excess of loss (“XOL”) reinsurance treaties that support and provide incremental limit for its earthquake line of business. In total, Palomar has secured approximately $187.5 million of incremental XOL limit from a syndicated panel of long-term trading partners which will incept between April 1, 2023 and June 1, 2023 and provide coverage through June 1, 2024. The Company’s expanded XOL coverage further enables the sustained growth of Palomar’s profitable earthquake business. “We are pleased with the continued and incremental support from our long-time reinsurance partners as we successfully secured approximately $187.5 million of additional XOL limit to support...

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Casella Waste Systems, Inc. to Host Conference Call on Its First Quarter 2023 Results and to Present at Upcoming Investor Events

RUTLAND, Vt., April 04, 2023 (GLOBE NEWSWIRE) — Casella Waste Systems, Inc. (Nasdaq: CWST), a regional solid waste, recycling, and resource management services company, will release its financial results for the three months ended March 31, 2023, after the market closes on Thursday, April 27, 2023. The company will host a conference call to discuss these results on Friday, April 28, 2023, at 10:00 a.m. Eastern Time. Individuals interested in participating in the call should register by clicking here to obtain dial in and passcode details. The call will also be webcast; to listen, participants should visit the company’s website at http://ir.casella.com and follow the appropriate link to the webcast. A replay of the call will be available on the company’s website and accessible using the same link. The company also announced today...

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Rebecca Reeder Appointed President, Retail La-Z-Boy Furniture Galleries

KEITH WILSON, PRESIDENT INTERNATIONAL AND JOYBIRD, ANNOUNCES RETIREMENT LA-Z-BOY INCORPORATED ANNOUNCES RELATED LEADERSHIP TEAM REALIGNMENT MONROE, Mich., April 04, 2023 (GLOBE NEWSWIRE) — La-Z-Boy Incorporated (NYSE: LZB), a global leader in residential furniture, today announced the realignment of its Executive Leadership Team, in conjunction with several key announcements. In connection with the company’s new fiscal year at end of April:Rebecca Reeder will join the company as President, Retail La-Z-Boy Furniture Galleries. In her role as President, Retail La-Z-Boy Furniture Galleries, Reeder will have executive oversight and P&L responsibility for the company’s Retail segment, which includes 168 of the 346 La-Z-Boy Furniture Galleries® stores. In addition, she will assume responsibility for sales to the remaining independently-owned...

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Americold Realty Trust, Inc. Sets Date for First Quarter 2023 Earnings Release and Conference Call

ATLANTA, GA., April 04, 2023 (GLOBE NEWSWIRE) — Americold Realty Trust, Inc. (NYSE: COLD) (the “Company” or “Americold”) announced today that the Company will release first quarter 2023 financial results after the market closes on Thursday, May 4, 2023. A conference call will be held on Thursday, May 4, 2023 at 5:00 p.m. Eastern Time. Webcast:A webcast of the conference call will be available on the Investor Relations section of the Company’s website at www.americold.com. To listen to the live broadcast, go to the site at least 15 minutes prior to the scheduled start time in order to register and install any necessary audio software. To Participate in the Telephone Conference Call:Dial in at least 5 minutes prior to start time:Domestic: 1-888-886-7786International: 1-416-764-8658 Conference Call Playback:Domestic: 1-844-512-2921...

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Treace Publishes Inaugural ESG Report

PONTE VEDRA, Fla., April 04, 2023 (GLOBE NEWSWIRE) — Treace Medical Concepts, Inc. (“Treace” or the “Company”) (NasdaqGS: TMCI), a medical technology company driving a fundamental shift in the surgical treatment of hallux valgus (commonly known as bunions), today published its inaugural Environmental, Social and Governance (ESG) report. This report highlights the Company’s strategic and ESG-related initiatives from the past year, including:Advancing the Company’s mission to improve surgical outcomes for bunion patients; Formally delegating responsibility to oversee ESG initiatives to the Nominating, Compliance and Governance Committee of the Company’s Board of Directors, and changing the committee’s name to the Nominating, Compliance & ESG Committee; Revamping and relaunching the Company’s Code of Conduct for employees and...

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