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Month: June 2023

JOLT HEALTH INC. ANNOUNCES FINANCING

VANCOUVER, BC, CANADA, June 15, 2023 (GLOBE NEWSWIRE) — Jolt Health Inc. (“JOLT” and or “the Company”) (CSE:JOLT) (FSE: G1Q0) announced it is undertaking a non-brokered private placement of up to $400,000.  The Company will issue up to 27,972,028 units at a price of $0.0143 per unit.  Each unit consists of one common share and one common share warrant.  Each warrant entitles the holder to subscribe for one additional common share for a period of 2 years from the date of closing at a price of $0.05, subject to the Corporation’s option to accelerate the expiry date if the stock trades at $0.15 for 10 trading days.   Jolt intends to use the net proceeds of the Offering for general working capital and to review possible acquisitions. The Company may pay qualified finders fees consisting of 8% in cash and 8% in brokers warrants.    About...

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New Mexico Water Service Receives NMPRC Approval to Acquire Monterey Water Company

SAN JOSE, Calif., June 15, 2023 (GLOBE NEWSWIRE) — (NYSE: CWT) — The New Mexico Public Regulation Commission has given approval for New Mexico Water Service (New Mexico Water) to acquire the assets of Monterey Water Company (Monterey), paving the way for New Mexico Water to close the purchase and provide regulated water utility service to Monterey’s customers. The acquisition remains subject to customary closing conditions and is expected to close this summer. Upon closing, New Mexico Water—a subsidiary of California Water Service Group (Group)—will own and operate the water system, which is less than a half-mile from New Mexico Water’s Rio Del Oro system. The Monterey system, which will become part of the Rio Del Oro service area, currently serves 380 residential customers; about 100 undeveloped lots could also be served in the...

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Ensurge Micropower ASA – Key information relating to possible repair issue/subsequent offering

Oslo, 16 June 2023 Reference is made to the stock exchange notice from Ensurge Micropower ASA (“Ensurge” or the “Company”) on 15 June 2023 regarding a private placement of shares in the Company raising approximately NOK 48.4 million at a subscription price of NOK 0.10 per share (the “Private Placement”) and a possible subsequent offering, raising up to NOK 20 million, at the same subscription price as in the private placement (the “Subsequent Offering”), subject to approval by an Extraordinary General Meeting to be held on or about 10 July 2023. Date on which the terms and conditions of the repair issue were announced: 15 June 2023;Last day including right: 15 June 2023;Ex-date: 16 June 2023; Record date: 19 June 2023;Date of approval: Expected to be on or about 10 July 2023 by resolution...

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Mercer International Inc. Announces the Completion of the Acquisition of Structurlam Mass Timber Assets

NEW YORK, June 15, 2023 (GLOBE NEWSWIRE) — Mercer International Inc. (“Mercer” or the “Company”) (Nasdaq: MERC) today announced that it has completed the previously-announced acquisition of substantially all of the assets of Structurlam Mass Timber Corporation and its subsidiaries. Mercer International Inc. is a global forest products company with operations in Germany, the USA and Canada with consolidated annual production capacity of 2.3 million tonnes of pulp, 960 million board feet of lumber, 140 thousand cubic meters of cross-laminated timber, 17 million pallets and 150,000 metric tonnes of wood pellets. To obtain further information on the company, please visit its web site at https://www.mercerint.com. The preceding includes forward looking statements which involve known and unknown risks and uncertainties,...

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ERES REIT Declares June 2023 Monthly Distribution

TORONTO, June 15, 2023 (GLOBE NEWSWIRE) — European Residential Real Estate Investment Trust (TSX: ERE.UN, “ERES”) is pleased to announce that the trustees of ERES have declared the June 2023 monthly cash distribution of €0.01 per Unit and Class B LP Unit (the “June Distribution”), being equivalent to €0.12 per Unit annualized. The distribution will be payable to holders of the Units and Class B LP Units (the “Unitholders”) of record on June 30, 2023, with payment on July 17, 2023. The Euro-denominated distribution will be paid in Canadian dollars based on the exchange rate on the date of payment (estimated C$0.01431 per Unit and Class B LP Unit). Registered Unitholders will be provided with an option to elect to receive such distribution in Euros rather than Canadian dollars. If no such election is made, registered Unitholders...

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CAPREIT Announces June 2023 Distribution

TORONTO, June 15, 2023 (GLOBE NEWSWIRE) — Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX: CAR.UN) announced today its June 2023 monthly distribution in the amount of $0.12083 per Unit (or $1.45 on an annualized basis). The June distribution will be payable on July 17, 2023 to Unitholders of record on June 30, 2023. CAPREIT is Canada’s largest publicly traded provider of quality rental housing. As at March 31, 2023, CAPREIT owns approximately 66,000 residential apartment suites, townhomes and manufactured home community sites well-located across Canada and the Netherlands, with approximately $17 billion of investment properties in Canada and Europe. Since its Initial Public Offering in May 1997, CAPREIT has grown monthly cash distributions per Unit by 103%. For more information about CAPREIT, its business...

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RioCan Real Estate Investment Trust Announces June 2023 Distribution

TORONTO, Ontario, June 15, 2023 (GLOBE NEWSWIRE) — RioCan Real Estate Investment Trust (“RioCan”) (TSX: REI.UN) today announced a distribution of 9 cents per unit for the month of June. The distribution will be payable on July 10, 2023 to unitholders of record as at June 30, 2023. About RioCanRioCan is one of Canada’s largest real estate investment trusts. RioCan owns, manages and develops retail-focused, increasingly mixed-use properties located in prime, high-density transit-oriented areas where Canadians want to shop, live and work. As at March 31, 2023, our portfolio is comprised of 191 properties with an aggregate net leasable area of approximately 33.5 million square feet (at RioCan’s interest) including office, residential rental and 11 development properties. To learn more about us, please visit www.riocan.com. CONTACT:...

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Peyto Exploration & Development Corp. Confirms Monthly Dividend for July 14, 2023

CALGARY, Alberta, June 15, 2023 (GLOBE NEWSWIRE) — Peyto Exploration & Development Corp. (TSX: PEY) (“Peyto”) confirms that the monthly dividend with respect to June 2023 of $0.11 per common share is to be paid on July 14, 2023, for shareholders of record on June 30, 2023. Dividends paid by Peyto to Canadian residents are eligible dividends for Canadian income tax purposes. Shareholders and interested investors are encouraged to visit the Peyto website at www.peyto.com to learn more about what makes Peyto one of North America’s most exciting energy companies. The website also includes a monthly report, which discusses various topics chosen by the President and CEO and includes estimates of monthly capital expenditures and production. For further information please contact: Jean-Paul LachancePresident and Chief...

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Latch regains compliance with Nasdaq minimum bid price requirement

NEW YORK, June 15, 2023 (GLOBE NEWSWIRE) — Latch, Inc. (NASDAQ: LTCH) (the “Company”) today announced that on June 15, 2023, the Company received a written notice (the “Notice”) from the Listing Qualifications Department (the “Staff”) of the Nasdaq Stock Market (“Nasdaq”) that the Company has regained compliance with the minimum bid price requirement under Nasdaq Listing Rule 5450(a)(1) (the “Minimum Bid Price Requirement”) for continued listing on Nasdaq. In order to regain compliance with the Minimum Bid Price Requirement, the Company’s common stock was required to maintain a closing bid price of at least $1.00 per share for a minimum of ten consecutive trading days. The Minimum Bid Price Requirement was met on June 14, 2023. Accordingly, in the Notice, Nasdaq stated that the matter is now closed. There can be no assurance, however,...

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ArrowMark Financial Corp. Releases Month End Estimated Net Asset Value As Of May 2023

DENVER, June 15, 2023 (GLOBE NEWSWIRE) — ArrowMark Financial Corp., (NASDAQ: BANX) (“ArrowMark Financial”), today announced that BANX’s estimated and unaudited Net Asset Value (“NAV”) as of May 31, 2023, was $21.42. This estimated NAV is not a comprehensive statement of our financial condition or results for the month ended May 31, 2023. About ArrowMark Financial Corp. ArrowMark Financial Corp. is an SEC registered non-diversified, closed-end fund listed on the NASDAQ Global Select Market under the symbol “BANX.” Its investment objective is to provide shareholders with current income. BANX pursues its objective by investing primarily in regulatory capital securities of financial institutions. BANX is managed by ArrowMark Asset Management, LLC. To learn more, visit ir.arrowmarkfinancialcorp.com, or contact Destra at...

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