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Day: August 11, 2023

Blender Bites Announces Historic Number of Purchase Orders

Sees 125% Increase in Total Value of Purchase Orders Received Over the Last Three Months from May to July 2023 VANCOUVER, British Columbia, Aug. 11, 2023 (GLOBE NEWSWIRE) — Blender Bites Limited. (the “Company”, “Blender Bites” or “Blender”), (CSE: BITE, FWB: JL4, WKN: A3DMEJ), a multi award-winning Canadian company involved in the development and marketing of a line of premium, frozen functional food and beverages, is excited to announce a record number of purchase orders received in the three months from May 2023 to July 2023. Blender Bites is pleased to announce that during the three months from May 2023 to July 2023, the Company has received purchase orders totalling CA$1,869,000. This is a historic record for the value of purchase orders received by the Company in any given period and represents an increase of over 125% in...

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Robert Friedland Files Early Warning Report

SINGAPORE, Aug. 11, 2023 (GLOBE NEWSWIRE) — This news release is issued by Robert M. Friedland pursuant to the early warning requirements of Canada’s National Instrument 62-104 and National Instrument 62-103 with respect to class A (“Common Shares”) of Ivanhoe Mines Ltd. (“Ivanhoe Mines”). In connection with a personal financing transaction entered into by Mr. Friedland with a third-party U.S. commercial bank (the “Financial Institution”), Mr. Friedland has pledged as security an aggregate of 32,500,000 common shares in favour of the Financial Institution (the “Pledged Shares”), which constitute 2.66% of the 1,220,553,764 common shares of Ivanhoe Mines currently issued and outstanding. Mr. Friedland has also purchased an aggregate of 22,000,000 put options allowing him to sell 22,000,000 common shares to the Financial Institution...

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Nexus Industrial REIT Announces Q2 2023 Results and August and September Distributions

TORONTO, Aug. 11, 2023 (GLOBE NEWSWIRE) — Nexus Industrial REIT (the “REIT”) (TSX: NXR.UN) announced today its results for the quarter ended June 30, 2023. HighlightsJuly 4 – acquired a 141,534 square foot industrial property located in Burlington, Ontario for $48.4 million. June 15 – acquired a 304,323 square foot industrial property located in London, Ontario for a contractual purchase price of $56.4 million. $24.3 million of the purchase price was settled through the issuance of 2,359,978 Class B LP Units at a deemed price per unit of $10.30. June 5 – acquired an 18-acre parcel of land in St. Thomas, Ontario, for $4.5 million. The parcel acquired is adjacent to another property owned by the REIT. June 5 – sold an industrial property located in Kamloops, British Columbia for $4.2 million. June 1 –...

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Patriot Reports Second Quarter Results

Increases Loan Balances, Credit Reserves & Liquidity STAMFORD, Conn., Aug. 11, 2023 (GLOBE NEWSWIRE) — Patriot National Bancorp, Inc. (“Patriot,” “Bancorp” or the “Company”) (NASDAQ: PNBK), the parent company of Patriot Bank, N.A. (the “Bank”), today announced net loss of $546 thousand, or $(0.14) basic and diluted loss per share for the quarter ended June 30, 2023. These results compared to net loss of $53 thousand, or $(0.01) per basic and diluted loss per share for the first quarter of 2023 and net income of $1.3 million, or $0.32 basic and diluted earnings per share reported in the second quarter of 2022. For the six months ended June 30, 2023, net loss was $599 thousand, or $(0.15) basic and diluted loss per share, compared to a net income of $2.1 million, or $0.52 basic and diluted earnings per share for the six months...

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Enthusiast Gaming Announces Changes to Board of Directors

LOS ANGELES, Aug. 11, 2023 (GLOBE NEWSWIRE) — Enthusiast Gaming Holdings Inc. (Nasdaq: EGLX; TSX: EGLX) (the “Company”), a leading gaming media and entertainment company, today announced that the Company is undertaking a process with Greywood Investments, LLC (“Greywood”) to identify replacement nominee directors for appointment to the Company’s board of directors to replace Greywood’s two original nominee directors, David Goldhill and Janny Lee, each of whom has resigned from the board effective August 8, 2023. About Enthusiast Gaming Enthusiast Gaming is a leading gaming media and entertainment company, building the largest platform for video game enthusiasts and esports fans to connect and compete worldwide. Combining the elements of its five core pillars: creators, content, communities, games, and experiences, Enthusiast...

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POET Technologies Reports Second Quarter 2023 Financial Results

TORONTO, Aug. 11, 2023 (GLOBE NEWSWIRE) — POET Technologies Inc. (“POET” or the “Company”) (TSX Venture: PTK; NASDAQ: POET), the designer and developer of the POET Optical Interposer™, Photonic Integrated Circuits (PICs) and light sources for the data center, tele-communication and artificial intelligence markets, today reported its consolidated financial results for the second quarter ended June 30, 2023. The Company’s financial results as well as the accompanying Management Discussion and Analysis have been filed on SEDAR and EDGAR. All financial figures are in United States dollars (“USD”) unless otherwise indicated. Business Highlights since First Quarter Results reported on May 15, 2023:On June 14, 2023, the Company announced alpha sample readiness of “POET Infinity™”, a chiplet-based transmitter platform...

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BlackRock® Canada Announces Changes to its iShares Fund Lineup

Listing:            TSX (Toronto Stock Exchange)                                                                                                                                     Symbol:           XFS, XFS.U, XFI, XFC, XFF, XFA, XCLR, XULR, XDLR TORONTO, Aug. 11, 2023 (GLOBE NEWSWIRE) — BlackRock Asset Management Canada Limited (“BlackRock Canada”), an indirect, wholly-owned subsidiary of BlackRock, Inc. (“BlackRock”) (NYSE:BLK) announced plans today to terminate the following funds (collectively, the “Terminating Funds”), based on an ongoing process to review its product lineup and meet the evolving needs of Canadian investors. Each Terminating Fund will terminate on or about the applicable termination date set out below (with respect to a Terminating Fund, its “Termination Date”).Terminating Fund Name Ticker Termination...

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Verizon donates $100,000 toward Maui wildfire relief

For media: we have b-roll, pictures and additional information on our emergency response equipment available at our Emergency Resource Center – https://www.verizon.com/about/news/emergency-resource-center What you need to know:Verizon is donating $100,000 to the Hawai`i Community Foundation in support of the Maui Strong FundHONOLULU, Aug. 11, 2023 (GLOBE NEWSWIRE) — In response to the devastating wildfires that have ravaged the island of Maui, Verizon is contributing $100,000 to the Hawai`i Community Foundation. Verizon’s donation will support the Maui Strong Fund, which was created to provide community resilience with resources for disaster preparedness, response, and recovery. The fund is currently being used to support communities affected by the wildfires on Maui. “Our hearts go out to the people of Maui who have...

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The Keg Royalties Income Fund announces August 2023 cash distribution

VANCOUVER, British Columbia, Aug. 11, 2023 (GLOBE NEWSWIRE) — The Keg Royalties Income Fund (the “Fund”) (TSX: KEG.UN) today announced that its August 2023 distribution of $0.0946 per unit has been declared and is payable to unitholders of record as at August 21, 2023. The August 2023 distribution will be paid on August 31, 2023. The Fund is a limited purpose, open-ended trust established under the laws of the Province of Ontario that, through The Keg Rights Limited Partnership, a subsidiary of the Fund, owns certain trademarks and other related intellectual property used by Keg Restaurants Ltd. (“KRL”). In exchange for use of those trademarks, KRL pays the Fund a royalty of 4% of gross sales of Keg restaurants included in the royalty pool. With approximately 10,000 employees, over 100 restaurants and annual system sales approaching...

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Psychemedics Corporation Reports Second Quarter 2023 Financial Results

ACTON, Mass., Aug. 11, 2023 (GLOBE NEWSWIRE) — Psychemedics Corporation (NASDAQ: PMD), the world’s largest provider of hair testing for drugs of abuse, today announced financial results for the second quarter ended June 30, 2023. The Company’s revenue for the quarter ended June 30, 2023, was $5.5 million versus $6.5 million for the quarter ended June 30, 2022, a decrease of 15%. Net loss for the quarter ended June 30, 2023, was $(726,000) or $(0.13) per diluted share, versus net loss of $(338,000) or $(0.06) per diluted share, for the comparable period last year. In the second quarter, the labor shortage continued to have an adverse impact on our clients’ use of hair testing in hiring. This offset the positive impact of the growth in our add-on tests for fentanyl and benzodiazepines, as well as our 4Q 2022 price increase. Gross...

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