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Month: September 2023

LaunchPad Home Group Acquires TLC Inspections

AUSTIN, Texas, Sept. 14, 2023 (GLOBE NEWSWIRE) — LaunchPad Home Group (“LaunchPad”), the nation’s premier provider of home inspection and residential services, announced today that it has acquired TLC Inspections (“TLC”). Located in Marble Falls, Texas, TLC Inspections has served the Texas Hill Country since 2007 offering residential and ancillary inspection services. “We are extremely excited for the growth opportunities provided for our team members and the continued growth and expansion of our brand,” said TLC owners Nick and Laina Moomaw. “This will also add exponential value to our clients and the professionals we work with daily.” Scott Swayze, CEO for LaunchPad, said: “TLC further strengthens our inspection offering in Texas and I am happy to welcome them to the LaunchPad family. Nick and Laina have built an amazing...

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Nano Dimension to Vote “AGAINST” Stratasys’ Value-Destructive Merger with Desktop Metal; Urges Fellow Stratasys Shareholders to Join in Opposition

Desktop Metal Merger Would be Highly Dilutive, Requiring Stratasys to Pay a Premium and Provide Financial Support to Desktop Metal While Offering Limited Upside Stratasys Shareholders Would Sacrifice Profitability and Financial Flexibility Stratasys Board Engages in Governance Malpractice in Approving a Deal to Issue Shares at Less Than Half the Price of the Prior All-Cash Offer, Which They Rejected Waltham, Mass., Sept. 14, 2023 (GLOBE NEWSWIRE) — Nano Dimension Ltd. (Nasdaq: NNDM) (“Nano Dimension” or the “Company”), a leading supplier of Additively Manufactured Electronics (“AME”) and multi-dimensional polymer, metal & ceramic Additive Manufacturing (“AM”) 3D printers, today announced that it opposes and intends to vote against Stratasys Ltd. (Nasdaq: SSYS) (“Stratasys”) proposed merger with Desktop Metal Inc. (NYSE:...

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Company Announces Cash Dividend of $0.01 Per Common Share for the Third Quarter of 2023

HAUPPAUGE, NY., Sept. 14, 2023 (GLOBE NEWSWIRE) — Orbit International Corp. (OTC Expert Market:ORBT), an electronics manufacturer and software solution provider, announced today that its Board of Directors has declared a quarterly cash dividend of $0.01 per share. The declared dividend is payable to shareholders of record as of September 29, 2023, with a payment date of October 6, 2023. Orbit International Corp., through its Electronics Group, is involved in the development and manufacture of custom electronic device and subsystem solutions for military, industrial and commercial applications through its production facilities in Hauppauge, NY and Carson, CA. Orbit’s Power Group, also located in Hauppauge, NY, designs and manufactures a wide array of power products including AC power supplies, frequency converters, inverters, VME/VPX...

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FirstService Broadens Restoration Footprint

First Onsite Restoration and Paul Davis Restoration Add Tuck-Under Acquisitions TORONTO, Sept. 14, 2023 (GLOBE NEWSWIRE) — FirstService Corporation (TSX and NASDAQ: FSV) (“FirstService”) today announced that it has recently completed three restoration tuck-under acquisitions. Terms of the transactions were not disclosed. First Onsite Restoration acquired Nashville, Tennessee-based Case Restoration Co. Founded in 2001, the company is a full-service provider of emergency water and fire mitigation, property restoration and capital improvement services throughout the Nashville metropolitan area. Case Restoration brings a depth of expertise in commercial and large loss claims and has developed a broad, blue-chip customer base across the education, government and retail sectors. This acquisition enhances our presence and client coverage...

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Trailbreaker Resources Extends Surficial Gold Signature at Golden Sable Property, South-Central BC

Figure 1:Location of Trailbreaker’s Golden Sable property.Figure 2:2023 exploration at Golden Sable West.VANCOUVER, British Columbia, Sept. 14, 2023 (GLOBE NEWSWIRE) — Trailbreaker Resources Ltd. (TBK.V) (“Trailbreaker” or “the Company”) is pleased to announce results from its 2023 surficial exploration program at the Golden Sable property in south-central British Columbia (BC). Efforts were focused on investigating a historic 3-kilometre-long gold-in-soil anomaly. The program was successful in extending the anomaly a further 1 kilometre to the southeast, where it remains open. Daithi Mac Gearailt, CEO of Trailbreaker, commented: “This was an excellent first-pass evaluation of a property with known gold mineralization. There is a very significant gold-in-soil trend here, with historic drilling to verify the presence...

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Draganfly Secures First Defense Orders for its Commander 3 XL with the U.S. Military

The Commander 3 XL to be utilized to enhance mission success enabling confident and accurate navigation through unfamiliar terrain and GPS Denied Environments. Los Angeles, CA., Sept. 14, 2023 (GLOBE NEWSWIRE) — Draganfly Inc. (NASDAQ: DPRO) (CSE: DPRO) (FSE: 3U8A) (“Draganfly” or the “Company”), an award-winning, industry-leading drone solutions and systems developer, is pleased to announce that it has secured its first defense orders for its Commander 3 XL with the U.S. Military. The Commander 3 XL is being utilized to enhance mission success by enabling confident and accurate navigation through unfamiliar terrain and GPS denied environments. Securing these first orders is a substantial milestone for the Company and the Commander 3 XL platform. Draganfly’s Commander 3 XL Drone is a high-endurance, weather-resistant, multirotor...

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Board of Directors of Evli Plc resolved to establish a new share-based incentive plan

EVLI PLC STOCK EXCHANGE RELEASE ON SEPTEMBER 14, 2023, AT 2:40 PM (EET/EEST) The Board of Directors of Evli Plc has resolved to establish a new share-based incentive plan for selected key employees of the group. The purpose of the plan is to align the interests of the company’s shareholders and key employees in order to increase the company’s value in the long term, to commit key employees to implement the company’s strategy, objectives and long-term interest and to offer them a competitive incentive plan based on earning the company’s shares. The plan consists of one three-year performance period, which begins on September 1, 2023, and ends on December 31, 2026. In the plan, the target group has the opportunity to earn Evli Plc’s series B shares based on performance. The performance criteria of the plan are tied to the operating...

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GURU Organic Energy Announces Record Third Quarter 2023 Financial Results

Record topline quarterly performance, supported by increased sales velocities and solid results from Theanine Fruit Punch launch across Canada, another #1 ranked innovation.1 Q3 2023 net revenue increased by 15% to a record $8.9 million, compared to $7.7 million in Q3 2022. Sustained strong margins, with gross profit of $4.5 million, compared to $4.2 million in Q3 2022. Significant decrease in net loss to $3.0 million or $(0.09) per share in Q3 2023, compared to net loss of $6.5 million or $(0.20) per share in Q3 2022. Adjusted EBITDA2 loss of $3.0 million in Q3 2023, compared to a $6.5 million loss in Q3 2022. Robust financial position with $48.7 million in cash and cash equivalents and unused credit facilities, reflecting prudent balance sheet management. Poised to launch Theanine Fruit Punch in the U.S. in December, together with...

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Swiss Properties Invest A/S: Interim report 1 January – 30 June 2023

Company Announcement No. 4-2023 Copenhagen, September 14, 2023. Swiss Properties Invest A/S publishes its first interim report after having completed the acquisition of seven commercial properties. During the first half of 2023 Swiss Properties Invest completed the acquisition of property number 6 and 7 to its portfolio of Swiss commercial real estate properties. With the acquisition of the two properties the company has delivered on its stated objectives of establishing a portfolio of 6 to 8 attractive commercial properties in Switzerland. Going forward the aim is to optimise the operations and to fund further expansions of the portfolio.   H1 2023 Financial highlightsThe group revenue reached DKK 14.4m compared to DKK 1.4m for H1 2022. The group operating profit reached DKK 7.7m compared to DKK 0.5m for H1 2022. Profit after tax...

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Bridger Aerospace Acquires Ignis Technologies to Expand Wildland Fire Software Offerings

BELGRADE, Mont., Sept. 14, 2023 (GLOBE NEWSWIRE) — Bridger Aerospace Group Holdings, Inc. (“Bridger” or “Bridger Aerospace”), (NASDAQ: BAER), one of the nation’s largest aerial firefighting companies, today announced that it has acquired Ignis Technologies Inc. (“Ignis”) for $3 million, with an additional contingent earn-out consideration of up to $9.0 million, paid in the form of restricted shares of Bridger common stock. Ignis is a fire technology company delivering mission-critical intelligence and technology solutions to firefighting organizations. “The addition of Ignis maximizes the value of Bridger’s investments in FireTrac and other fire intelligence SaaS assets, and presents the clearest path to executing on our shared mission to equip firefighters with the critical technology they need to reduce the number of lives, properties...

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