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Month: June 2023

Koios Beverage Corp. Announces Private Placement

DENVER and VANCOUVER, British Columbia, June 14, 2023 (GLOBE NEWSWIRE) — Koios Beverage Corp. (CSE: FIT; OTC: FITSF) (the “Company” or “Koios”) is pleased to announce a non-brokered private placement of 5,440,000 units (“Units”) at a price of CAD $0.05 per Unit for gross aggregate proceeds of $272,000 (the “Offering”). Each Unit consists of one common share in the capital of the Company (each, a “Share”) and one transferable common share purchase warrant (each, a “Warrant”), each Warrant entitles the holder to acquire one additional Common Share of the Company at a price of $0.05 for a period of 24 months from the date of issuance. Closing of the proposed Offering is anticipated to occur on or about June 22, 2023. The Company does not anticipate paying any finder’s fees in connection with the Offering. The...

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Vision Marine Technologies Inc. to raise approximately $2 million

MONTREAL, June 14, 2023 (GLOBE NEWSWIRE) — Vision Marine Technologies Inc. (NASDAQ: VMAR) (“Vision Marine” or the “Company”), a global leader and innovator within the performance electric recreational boating industry, today announced that it has entered into a definitive agreement with investors for the issuance and sale of 493,828 of its common shares for a price of $4.05 per share, for gross proceeds of approximately $2 million, in a registered direct offering. Additionally, Vision Marine will issue to the investors in a concurrent private placement, warrants to purchase up to 493,828 common shares, which represents 100% of the number of common shares issued in the registered direct offering. The warrants will have an exercise price of $4.05 per share, will be exercisable six (6) months following the issuance date and will expire...

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Kayne Anderson NextGen Energy & Infrastructure Announces Distribution of $0.16 per Share for Q2 2023

HOUSTON, June 14, 2023 (GLOBE NEWSWIRE) — Kayne Anderson NextGen Energy & Infrastructure, Inc. (the “Fund”) (NYSE: KMF) announced today a quarterly distribution of $0.16 per share for the fiscal quarter ended May 31, 2023. This distribution is payable to common stockholders on July 5, 2023 (as outlined in the table below).Ex-Date Record Date Payment Date DistributionAmount Return of CapitalEstimate(1)6/23/23 6/26/23 7/5/23 $0.16 80%(1)  The return of capital estimate is based on the Funds anticipated earnings and profits. The final determination of the tax characterof distributions will not be determinable until after the end of the fiscal year and may differ substantially from this preliminary information. Kayne Anderson NextGen Energy & Infrastructure, Inc. (NYSE: KMF) is a non-diversified, closed-end management...

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Kayne Anderson Energy Infrastructure Fund Announces Distribution of $0.21 per Share for Q2 2023

HOUSTON, June 14, 2023 (GLOBE NEWSWIRE) — Kayne Anderson Energy Infrastructure Fund, Inc. (the “Company”) (NYSE: KYN) announced today a quarterly distribution of $0.21 per share for the fiscal quarter ended May 31, 2023. This distribution is payable to common stockholders on July 5, 2023 (as outlined in the table below).Ex-Date Record Date Payment Date Distribution Amount Return of Capital Estimate(1)6/23/23 6/26/23 7/5/23 $0.21 10%(1)  This estimate is based on the Company’s anticipated earnings and profits. The final determination of the tax character of distributions will not be determinable until after the end of the fiscal year and may differ substantially from this preliminary information.Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE: KYN) is a non-diversified, closed-end management investment company...

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Avista reaches multiparty settlement of all issues in Idaho general rate case

If approved, new rates would take effect beginning Sept. 2023 and Sept. 2024 SPOKANE, Wash., June 14, 2023 (GLOBE NEWSWIRE) — Avista (NYSE: AVA), the Staff of the Idaho Public Utilities Commission, Clearwater Paper Corporation, Idaho Forest Group, LLC and Walmart Inc., parties to the Company’s electric and natural gas general rate cases, have reached a settlement agreement that has been submitted to the Idaho Public Utilities Commission for its consideration, and which would resolve all issues in the proceeding. The remaining joint party, the Idaho Conservation League / NW Energy Coalition, did not join in the Settlement. If approved, the settlement agreement is designed to increase annual base electric revenues by $22.1 million or 8.0%, effective Sept. 1, 2023, and by $4.3 million or 1.4%, effective Sept. 1, 2024. For natural...

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Trillium Gold Announces Success-Based Compensation to Financial Advisor

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES VANCOUVER, British Columbia, June 14, 2023 (GLOBE NEWSWIRE) —  Trillium Gold Mines Inc. (TSXV: TGM, OTCQX:TGLDF, FRA: 0702) (“Trillium”) announced today that, further to its press releases dated March 16, 2023 and June 8, 2023 and in connection with the previously announced plan of arrangement with Pacton Gold Inc., (the “Arrangement”), Trillium intends to issue 868,551 common shares (the “Compensation Shares”) in the capital of Trillium to Red Cloud Securities Inc. (“Red Cloud”), along with a cash fee (together with the Compensation Shares, the “Compensation”), for acting as financial advisor to Trillium in connection with the Arrangement. The Compensation qualifies as a success-based commission for services provided in connection...

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Andrew Peller Limited Reports Fiscal 2023 Results

GRIMSBY, Ontario, June 14, 2023 (GLOBE NEWSWIRE) — Andrew Peller Limited (ADW.A / ADW.B) (“APL” or the “Company”) announced today results for the three months and year ended March 31, 2023. FISCAL 2023 HIGHLIGHTS:Sales increased 2.2% year over year due to growth across majority of trade channels and price increases; Gross margin of 37.1% consistent with the prior year; EBITA of $38.0 million compared to $39.2 million in the prior year; One-time overhead restructuring costs of $2.8 million incurred in fourth quarter; and Net loss of $3.4 million ($0.08 per Class A Share).“We were pleased with our sales growth in fiscal 2023 as we overcame significant supply constraints and performed well across the majority of our well-established trade channels,” commented John Peller, President and Chief Executive Officer. “Our supply chain...

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17 Education & Technology Group Inc. Announces First Quarter 2023 Unaudited Financial Results

BEIJING, June 15, 2023 (GLOBE NEWSWIRE) — 17 Education & Technology Group Inc. (NASDAQ: YQ) (“17EdTech” or the “Company”), a leading education technology company in China, today announced its unaudited financial results for the first quarter of 2023. First Quarter 2023 Highlights1Net revenues were RMB9.3 million (US$1.4 million), representing a year-over-year decrease of 96.0% from RMB233.4 million in the first quarter of 2022. Gross margin was 24.4%, decreasing from 60.7% in the first quarter of 2022. Net loss was RMB92.5 million (US$13.5 million), significantly increasing from net loss of RMB24.8 million in the first quarter of 2022. Net loss as a percentage of net revenues was negative 997.9% in the first quarter of 2023, compared with negative 10.6% in the first quarter of 2022. Adjusted net loss2(non-GAAP), which excluded...

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PCI Security Standards Council Selects Inter&Co for its 2023-2025 Board of Advisors

Inter is the only Brazilian bank represented among 52 of the world’s leading companies in the payments space BELO HORIZONTE, Brazil, June 14, 2023 (GLOBE NEWSWIRE) — Inter&Co, Inc (Inter), (NASDAQ: INTR | B3: INBR32), the premier Super App which provides financial and digital commerce services to more than 26 million customers, has been selected to the 2023-2025 Board of Advisors for the PCI Security Standards Council (PCI SSC), the global forum working with organizations around the world to increase the protection of payment data and ensure industry security standards. The board seat will be held by a representative from Inter, one of Inter&Co’s subsidiaries, and this appointment signifies the sole Brazilian bank on the board of advisors. The PCI SSC Board of Advisors is comprised of some of the world’s leading payments...

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Jushi Holdings Inc. Announces Voting Results of Annual Meeting

BOCA RATON, Fla., June 14, 2023 (GLOBE NEWSWIRE) — Jushi Holdings Inc. (“Jushi” or the “Corporation”) (CSE: JUSH) (OTCMKTS: JUSHF), a vertically integrated, multi-state cannabis operator, announced the voting results of the annual general meeting (the “Meeting”) of shareholders of the Corporation (“Shareholders”) that was held today as follows: 1. Fixing the Number of Directors The number of directors of the Corporation was fixed at five.For Against Broker Non-Votes28,501,829 (98.447%) 449,530 (1.553%) 33,444,6632. Election of the Nominated Directors All five nominees set forth in the proxy statement of the Corporation dated April 28, 2023, were elected as directors of the Corporation by ordinary resolutions passed by a vote held by ballot in respect to each nominee as follows:Director Number and percentage of Subordinate...

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