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Month: June 2023

Kaival Brands Reports Fiscal 2023 Second Quarter Financial Results and Highlights Recent Achievements

New broker and distribution agreements as well as FDA enforcement efforts against non-compliant ENDS products creates opportunities for Kaival Brands to open larger customer accounts for its core BIDI® Stick distribution business Transformative intellectual property acquisition brings promise for the future New independent board members beginning to bring value to the company GRANT-VALKARIA, Fla., June 14, 2023 (GLOBE NEWSWIRE) — Kaival Brands Innovations Group, Inc. (NASDAQ: KAVL) (“Kaival Brands,” the “Company” or “we,” “our” or similar terms), the exclusive distributor of all products manufactured by Bidi Vapor, LLC (“Bidi Vapor”), including the BIDI® Stick electronic nicotine delivery system (ENDS), which are intended for adults 21 and over, today announced its financial results for...

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Gibson Energy Expands Liquids Infrastructure Platform with Acquisition of Texas Gulf Coast Crude Oil Export Facility for US$1.1 Billion, Announces Concurrent $350 Million Subscription Receipt Bought Deal Offering

Not for distribution to U.S. news wire services or for dissemination in the United States. All financial figures are in Canadian dollars unless otherwise noted Transaction HighlightsEnhances Gibson’s leading liquids-focused infrastructure business with on-strategy acquisition of high-quality export terminal at Ingleside, one of only two Texas Gulf Coast terminals with VLCC capabilities Strengthens cash flow with >95% of revenue under take-or-pay contracts with investment grade or high-quality counterparties who are existing customers of Gibson1 Expands Gibson’s footprint with connectivity to the world-class Permian basin and provides platform for future infrastructure growth with existing and new customers Delivers immediate mid-teens DCF per share accretion, while significantly increasing Gibson’s scale and diversity2,6 Aligns with...

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MISTRAS Group to Participate in Singular Research’s Summer Solstice Conference on June 22, 2023

Management Presentation to Be Webcast Live at 11:30 AM ET on June 22, 2023 PRINCETON JUNCTION, N.J., June 14, 2023 (GLOBE NEWSWIRE) — MISTRAS Group, Inc. (MG: NYSE) – a leading “one source” multinational provider of technology-enabled asset protection solutions used to maximize the uptime and safety of critical energy, industrial, and public infrastructure – announced today that Dennis Bertolotti, Chief Executive Officer, and Edward Prajzner, Chief Financial Officer, will be presenting at Singular Research’s Summer Solstice Conference, being held June 22, 2023 at the Hippodrome in New York City, NY – USA. The presentation will begin at 11:30 AM ET on June 22. To register to attend and access the presentation, please visit https://register.gotowebinar.com/register/6289306997940175701. Management will also be available for one-on-one...

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ETC Announces Appointment of Timothy Kennedy, CPA, CMA as Chief Financial Officer

SOUTHAMPTON, Pa., June 14, 2023 (GLOBE NEWSWIRE) — Environmental Tectonics Corporation (OTC Pink: ETCC) (“ETC” or the “Company”) today announces the appointment of Timothy Kennedy, CPA, CMA as the Company’s Chief Financial Officer and Treasurer, effective today. Mr. Kennedy, age 54, has extensive experience, including ten years of advisory experience, six years as a Global Controller for a medical device manufacturer, and four years as a Chief Financial Officer for a mid-market manufacturer. Most recently, Mr. Kennedy was Chief Financial Officer with AES Clean Technology. From 2012 to 2019 Tim was with Johnson & Johnson, in several capacities, from Director SOX Compliance to Finance Director. From 2002 to 2012, Mr. Kennedy was with Synthes Inc., where he served as Global Corporate Controller for six years and Director – Mergers...

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NOVONIX Joins Accelerate Coalition to Foster Growing Battery Ecosystem in Canada

HALIFAX, Nova Scotia, June 14, 2023 (GLOBE NEWSWIRE) — NOVONIX Limited (NASDAQ: NVX, ASX: NVX) (“NOVONIX”), a leading battery materials and technology company, today announced that it is the latest member to join Accelerate, Canada’s Zero-Emission Vehicle (ZEV) Supply Chain Alliance, in an effort to strengthen Canada’s battery ecosystem and onshore supply chain at a pivotal moment for the industry. “NOVONIX has long been determined to anchor a North American battery supply chain by developing technologies and materials that support long life, high-performance applications through cleaner processes and novel R&D,” said Dr. Chris Burns, CEO of NOVONIX. “By joining Accelerate and partnering with other leaders in the space during this period of historic investment and industry wide exponential growth, we will have a more meaningful...

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Greystone Housing Impact Investors LP Announces Regular Quarterly Cash Distribution and Supplemental BUCs Distribution

OMAHA, Neb., June 14, 2023 (GLOBE NEWSWIRE) — On June 14, 2023, Greystone Housing Impact Investors LP (NYSE: GHI) (the “Partnership”) announced that the Board of Managers of Greystone AF Manager LLC (“Greystone Manager”) declared a distribution to the Partnership’s Beneficial Unit Certificate (“BUC”) holders of $0.44 per BUC. The distribution consists of a regular quarterly cash distribution of $0.37 per BUC plus a supplemental distribution payable in the form of additional BUCs equal in value to $0.07 per BUC. The supplemental distribution will be paid at a ratio of 0.00448 BUCs for each issued and outstanding BUC as of the record date, which represents an amount per BUC based on the closing price of the BUCs on the New York Stock Exchange on June 13, 2023 of $15.62 per BUC. No fractional BUCs will be issued in connection with...

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Freehold Royalties Ltd. Declares Dividend for June 2023

CALGARY, Alberta, June 14, 2023 (GLOBE NEWSWIRE) — Freehold Royalties Ltd. (Freehold) (TSX: FRU) announces that its Board of Directors has declared a dividend of Cdn. $0.09 per common share to be paid on July 17, 2023 to shareholders of record on June 30, 2023. These dividends are designated as “eligible dividends” for Canadian income tax purposes. Freehold’s focus is on acquiring and managing oil and gas royalties. Freehold’s common shares trade on the Toronto Stock Exchange in Canada under the symbol FRU. For further information, contact: Freehold Royalties Ltd.Matt DonohueManager, Investor Relations & Capital Marketst.   403.221.0833f.   403.221.0888tf.  1.888.257.1873e.  mdonohue@rife.com w.  www.freeholdroyalties.com

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Stack Capital Group Inc. Announces Election of Directors

TORONTO, June 14, 2023 (GLOBE NEWSWIRE) — Stack Capital Group Inc., (“Stack Capital”) (TSX:STCK and TSX:STCK.WT) is pleased to announce that at its annual meeting of shareholders, held virtually today, the four director nominees listed in Stack Capital’s management proxy circular dated May 5, 2023 (the “Circular”) were elected as directors of Stack Capital. Directors have been elected to serve until the close of the next annual meeting of shareholders. The detailed results of the vote are as follows:Nominee Votes For % Votes For Votes Against % Votes AgainstJohn K. Bell 3,400,764 98.87% 39,000 1.13%Jeffrey Parks 3,438,259 99.96% 1,505 0.04%Laurie Goldberg 3,401,164 98.88% 38,600 1.12%Gerri Sinclair 3,238,094 94.14% 201,670 5.86%* The number of votes disclosed reflects shareholders voting at the meeting and...

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Cingulate to Participate in the Healthcare Virtual Conference Part II Presented by Maxim Group and Hosted by M-Vest

KANSAS CITY, Kan., June 14, 2023 (GLOBE NEWSWIRE) — Cingulate Inc. (NASDAQ: CING), a biopharmaceutical company utilizing its proprietary Precision Timed Release™ (PTR™) drug delivery platform technology to build and advance a pipeline of next-generation pharmaceutical products, today announced that Chairman and CEO Shane J. Schaffer, Pharm D, has been invited to participate in the Healthcare Virtual Conference Part II, presented by Maxim Group LLC and hosted by M-Vest.  The three-day conference will kick off Tuesday, June 20th at 9:00 AM EST, and conclude on Thursday, June 22nd.  Dr. Schaffer will partake in a company discussion on Thursday, June 22nd at 10:30 AM EST. The conference will be hosted live on M-Vest. To attend, sign up to become an M-Vest member: Click Here to Reserve your seat     About the Healthcare...

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Andrew Peller Limited Announces First Quarter Fiscal 2024 Dividend

GRIMSBY, Ontario, June 14, 2023 (GLOBE NEWSWIRE) — The Board of Directors of Andrew Peller Limited (ADW.A / ADW.B) (the “Company”) announced today that it has approved a quarterly common share dividend of $0.0615 per Class A Share and $0.0535 per Class B Share to be paid on July 7, 2023 to shareholders of record on June 30, 2023. The Company has consistently paid common share dividends since 1979 and has increased dividends eight times over the last ten years, most recently in fiscal 2022. The Company currently designates all dividends paid as “eligible dividends” for purposes of the Income Tax Act (Canada) unless indicated otherwise. “We are proud to be continuing our forty-four-year track record of paying common share dividends, a testament to our commitment to enhancing long-term value for our shareholders,” commented John Peller,...

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