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Month: May 2023

DIVERGENT Energy Services Announces Stock Option Grants

CALGARY, Alberta, May 17, 2023 (GLOBE NEWSWIRE) — DIVERGENT Energy Services Corp. (“Divergent”, the “Company“, or “DVG”) announces that the Company has completed its annual review of incentive plan awards, and subject to regulatory approval, its board of directors has approved, effective May 17, 2023, the grant of an aggregate of 200,000 stock options to an office of the Corporation, exercisable into common shares of the Corporation at an exercise price of $0.075 per common share. These stock options shall vest as to one-third at 12 months, one-third at 24 months and one-third at 36 months from the date of grant and have a five-year term to expiry. For Further Information: Ken Berg, President and Chief Executive Officer, kberg@divergentenergyservices.com Ken Olson, Chief Financial Officer, ken.olson@divergentenergyservices.com ABOUT...

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Osisko Development Reports Exploration Results at Trixie and Outlines 2023 Drill Program at Tintic Project

62.82 g/t Au and 231.46 g/t Ag over 6.86 m including 191 g/t Au and 707 g/t Ag over 1.07 mFigure 1 Trixie Project AreaFigure 2 Trixie Drill Plan MapFigure 3 Cross Section of Underground Drilling at 625 L at TrixieMONTREAL, May 17, 2023 (GLOBE NEWSWIRE) — Osisko Development Corp. (NYSE: ODV, TSXV: ODV) (“Osisko Development” or the “Company“) is pleased to announce new 2023 underground diamond drilling (“DD“) results at its 100%-owned Trixie test mine (“Trixie“), within the Company’s wider Tintic Project (“Tintic” or the “Tintic Project“) and to provide an overview of the ongoing 2023 exploration program at Tintic, located in the historic East Tintic Mining District in central Utah, U.S.A. In addition, the Company is also reporting the remaining...

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Regional Health Properties, Inc. Announces Receipt of Notice of Noncompliance from NYSE American

ATLANTA, GA, May 17, 2023 (GLOBE NEWSWIRE) — Regional Health Properties, Inc. (the “Company,” “we,” “us” or “our”) (NYSE American: RHE) (NYSE American: RHE-PA), a self-managed healthcare real estate investment company that invests primarily in real estate purposed for senior living and long-term care, announced today that the Company received a notice from the NYSE American LLC (the “Exchange”) on May 10, 2023 that the Company was not in compliance with the continued listing standard set forth in Section 1003(a)(ii) of the NYSE American Company Guide (the “Company Guide”). Specifically, this section requires that a listed company have shareholders’ equity of $4.0 million or more if it has reported losses from continuing operations and/or net losses in three of its four most recent fiscal years. The Company reported shareholders’...

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Velan Inc. Reports Solid Fourth Quarter Financial Results to Close Fiscal Year 2022/23

MONTREAL, May 17, 2023 (GLOBE NEWSWIRE) — Velan Inc. (TSX: VLN) (the “Company”), a world-leading manufacturer of industrial valves, announced today its financial results for its fiscal year and fourth quarter ended February 28, 2023. Highlights:On February 10th, 2023, Flowserve Corporation (“Flowserve”) (NYSE: FLS), a leading provider of flow control products and services for the global infrastructure markets, and Velan Inc. announced that they have entered into a definitive agreement under which Flowserve will acquire Velan in an all cash transaction (the “transaction”) valued at approximately $245 million (C$329 million). The resolution relating to the transaction was approved by 99.99% of the votes cast by all Velan Inc. shareholders. Sales for the quarter amounted to $115.1 million, a decrease of 9.7 million or 7.8% compared...

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Dycom Industries, Inc. to Host Fiscal 2024 First Quarter Results Conference Call

PALM BEACH GARDENS, Fla., May 17, 2023 (GLOBE NEWSWIRE) — Dycom Industries, Inc. (NYSE: DY) will host a conference call to discuss fiscal 2024 first quarter results on Wednesday, May 24, 2023, at 9:00 a.m. Eastern time. Dycom will issue a press release reporting its results earlier that morning. Interested parties may participate in the question and answer session of the conference call by registering at https://register.vevent.com/register/BI0dfaeb35dbc947799e51c5ccf15e2962. Upon registration, participants will receive a dial-in number and unique PIN to access the call. Participants are encouraged to join approximately ten minutes prior to the scheduled start time. For all other attendees, a live listen-only audio webcast of the call, including an accompanying slide presentation, can be accessed directly at https://edge.media-server.com/mmc/p/faaqwdhp....

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Morien Announces Results of Annual and Special Meeting

HALIFAX, Nova Scotia, May 17, 2023 (GLOBE NEWSWIRE) — Morien Resources Corp. (“Morien” or the “Company“) (TSX-V:MOX), is pleased to announce its shareholders voted in favour of all items of business brought before them at the Company’s Annual and Special Meeting of Shareholders (“AGM”) held virtually on May 17, 2023. Election of Directors The number of directors was set by the Board at five, with John Budreski, Dawson Brisco, Mary Ritchie, John Byrne, and Charles Pitcher re-elected to the Company’s Board for the ensuing year. Following the AGM, the Board confirmed the appointment of Morien’s executive officers, namely: Executive Chairman – John Budreski; President and Chief Executive Officer – Dawson Brisco; Chief Financial Officer – Susanne Willett; and Corporate Secretary – Suzan Frazer. Appointment...

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Republic First Bancorp, Inc. Receives Compliance Notice and New Notice of Non-Compliance from Nasdaq

PHILADELPHIA, May 17, 2023 (GLOBE NEWSWIRE) — Republic First Bancorp, Inc. (NASDAQ: FRBK) (the “Company”), the holding company for Republic First Bank d/b/a Republic Bank, announced that, as anticipated, on May 12, 2023, The Nasdaq Stock Market LLC (“Nasdaq”) notified the Company that because the Company’s Form 10-Q for the three months ended March 31, 2023 (the “Form 10-Q”) was not timely filed with the Securities and Exchange Commission (the “SEC”), the Company did not satisfy Nasdaq Listing Rule 5250(c)(1) (the “Filing Requirement”) and that the Nasdaq Hearings Panel (the “Panel”) would consider the additional deficiency in its deliberations regarding the Company’s continued listing. The Company previously presented for the Panel’s review the Company’s plan to file the Form 10-Q with the SEC by June 30, 2023 and thereby evidence...

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Host Hotels & Resorts to Live Stream 2023 Investor Day

BETHESDA, Md., May 17, 2023 (GLOBE NEWSWIRE) — Host Hotels & Resorts, Inc. (NASDAQ: HST), the nation’s largest lodging real estate investment trust (the “Company”), today announced additional details for its Investor Day on Tuesday, May 23, 2023. The event will be streamed live from the newly transformed Orlando World Center Marriott, which was part of the Marriott Transformational Capital Program, and will include investors and analysts. “We have dramatically transformed Host Hotels & Resorts over the past six years, and we look forward to giving you an in-depth look at our people, our platform and our portfolio, all of which make Host uniquely positioned to outperform,” said James F. Risoleo, President and Chief Executive Officer. Featured speakers for the event include:Jim Risoleo, President, Chief...

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Interpublic Group to Present at the 51st Annual J.P. Morgan Global Technology, Media and Communications Conference

New York, NY, May 17, 2023 (GLOBE NEWSWIRE) — Interpublic Group (NYSE: IPG) senior management will present at the 51st Annual J.P. Morgan Global Technology, Media and Communications Conference on Monday, May 22nd, 2023, at 8:00 am Eastern time, as scheduled. A link to the live webcast will be posted on the day of the conference on the Investor Relations section of Interpublic’s website (http://investors.interpublic.com) where it will remain available for replay for 30 days. # # # About InterpublicInterpublic (NYSE: IPG) (www.interpublic.com) is a values-based, data-fueled, and creatively-driven provider of marketing solutions. Home to some of the world’s best-known and most innovative communications specialists, IPG global brands include Acxiom, Craft, FCB, FutureBrand, Golin, Huge, Initiative, IPG Health, Jack Morton, Kinesso,...

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HF Foods Files Complaint in US District Court to Protect Stockholders and Employees

HF Foods Takes Legal Action to Stop Group Attempting to Illegally Seize Control of the Company In Response, Group Withdraws Slate of Nominees in Connection with Annual Meeting LAS VEGAS, May 17, 2023 (GLOBE NEWSWIRE) — HF Foods Group Inc. (NASDAQ: HFFG), a leading food distributor to Asian restaurants across the United States (“HF Foods” or the “Company”), today announced that it filed a complaint (the “Complaint”) against Maodong Xu, Zhou Min Ni, Fai Lam in his capacity as Trustee of the Irrevocable Trust for Raymond Ni, Weihui Kwok, and Yuanyuan Wu (collectively, the “Xu Group”) in the United States District Court, District of Nevada. The Complaint alleges, among other things, that the Xu Group is attempting to seize control of HF Foods in violation of the federal securities laws through:obfuscating the true identity and purpose...

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