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Year: 2023

ArrowMark Financial Corp. Releases Month End Estimated Net Asset Value as of October 2023

DENVER, Nov. 16, 2023 (GLOBE NEWSWIRE) — ArrowMark Financial Corp., (NASDAQ: BANX) (“ArrowMark Financial”), today announced that BANX’s estimated and unaudited Net Asset Value (“NAV”) as of October 31, 2023, was $21.45. This estimated NAV is not a comprehensive statement of our financial condition or results for the month ended October 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...

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BANXA Announces Buyout of Senior Secured Convertible Note

TORONTO and MELBOURNE, Australia, Nov. 16, 2023 (GLOBE NEWSWIRE) — Banxa Holdings Inc. (TSXV: BNXA) (OTCQX: BNXAF) (FSE: AC00) (“Banxa” or the “Company“) is pleased to announce that it has completed the payment in full of the final buyout amount of senior secured debt pursuant a convertible security funding agreement (the “Funding Agreement”) with Lind Global Fund II (“Lind”) announced on October 17, 2022. The buyout amount was paid in cash via the funds raised in the private placement announced on October 10, 2023. The payments remitted since inception total less than the face value of the Funding Agreement, being CAD$4.2M. This milestone has strengthened and de-risked Banxa’s capital structure by removing restrictive covenants, reducing the cost of capital for future financing and returning flexibility...

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Mr. F. Garofalo Agrees To Join Goldbank Board Of Directors

VANCOUVER, British Columbia, Nov. 16, 2023 (GLOBE NEWSWIRE) — Goldbank Mining Corporation (“Goldbank”) (TSX.V-GLB) is very pleased to announce Mr. Frank J. Garofalo, B.Sc. (MIT), M.Sc., MBA (Harvard), of Boston, Massachusetts, has agreed to join Goldbank’s board of directors. Mr. Garofalo brings to Goldbank more than three decades of experience as a Management Consultant and Corporate Finance Advisor on special assignments for Chief Executive Officers and boards of directors, assisting companies of up to over $10 billion in size in technology driven markets across the U.S. and Europe. Mr. Garofalo’s experience in strategic, competitive and market analysis with an emphasis on positioning companies for maximum equity valuation is a welcome addition to Goldbank as it advances exploration and development of its Leota Gold Project in...

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Better Choice Research Partner, Aimia Pet HealthCo Inc., Signs Second R&D Partnership Agreement with KGK Science for Development of GLP1 Supplement for Pets

TAMPA, Fla., Nov. 16, 2023 (GLOBE NEWSWIRE) — Better Choice Company (NYSE: BTTR) (“Better Choice” or the “Company”), a pet health and wellness company, today announced its research partner, Aimia Pet HealthCo. Inc. (APH), has signed a memorandum of understanding (MOU) with KGK Science Inc. (KGK) for the development of a GLP1 supplement for pets. The MOU sets out the basis for KGK to commence research and development of a GLP1 supplement for use in companion animals. Combining a GLP1 supplement with Better Choices’ Halo branded toppers or treats for dogs and cats to treat obesity and other health issues associated with overweight pets is an area of growing interest as more than half of dogs and cats worldwide are classified as overweight or obese. KGK is a leading Canadian researcher organization that provides high-quality clinical...

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CGrowth Capital Secures $1 Million in Non-Debt Financing

NEW YORK, NY, Nov. 16, 2023 (GLOBE NEWSWIRE) — via NewMediaWire – CGrowth Capital Inc. (OTC: CGRA) is a public holding company for alternative and undervalued assets. The company is sector and industry agnostic and currently consists of two divisions including Sports Technology and Mining. The company is focused on investing in growth-oriented opportunities where the company’s capital, expertise, and capabilities can help create significant added value for shareholders. CGrowth Capital, Inc. (CGRA) is pleased to announce that it has secured $1 million in non-debt financing from a Dubai-based family office who are involved in multiple mining interests. Following a period of thorough due diligence, the investor is very supportive of the company’s growth plans and potential. Having taken a long-term view, the investor has received...

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Toll Brothers Opens New Luxury Townhome Community in Dutchess County, New York

The Townhomes at Van Wyck Mews by Toll BrothersToll Brothers announced its newest luxury townhome community, The Townhomes at Van Wyck Mews is now open in Fishkill, New YorkThe Townhomes at Van Wyck Mews by Toll Brothers“We are excited to open another new home community in the Dutchess County area, offering our Toll Brothers home buyers modern and open floor plans and the opportunity to personalize their new home – all in a convenient location,”said Dave Bauer, Division President of Toll Brothers in New York.FISHKILL, N.Y., Nov. 16, 2023 (GLOBE NEWSWIRE) — Toll Brothers, Inc. (NYSE:TOL), the nation’s leading builder of luxury homes, today announced the highly anticipated opening of The Townhomes at Van Wyck Mews, a new luxury townhome community in Fishkill, New York. Home buyers are invited to visit the Sales...

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Kane Biotech Strengthens Board with Biotech Executive

Accomplished executive with over two decades of senior biotechnology expertise joins Kane’s Board of Directors WINNIPEG, Manitoba, Nov. 16, 2023 (GLOBE NEWSWIRE) — Kane Biotech Inc. (TSX-V:KNE OTCQB:KNBIF) (the “Company” or “Kane Biotech” or “Kane”) is pleased to announce that John Coleman has been appointed to the Board of Directors of Kane Biotech effective immediately. Dr. Coleman brings a wealth of scientific and business expertise to the board. Currently serving as the President and CEO of Avivo Biomedical Inc., a Vancouver-based biotech firm specializing in groundbreaking technologies facilitating the conversion of blood and organs into universally accepted types, thereby significantly improving the utilization of the existing pool of donors. Before his tenure at Avivo, Coleman co-founded Anandia Labs in 2013, growing it...

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Valoe Corporation Business Review January – September 2023

Valoe Oyj                Liiketoimintakatsaus         16.11.2023 klo 20.45                                         Valoe Corporation Business Review January – September 2023 THE THIRD QUARTER OF 2023 IN BRIEF  Financial Situation In July – September 2023, the net sales of Valoe Group, under the IFRS standards, were EUR about 0.2 million (in 2022 EUR 0.4 million). The EBITDA was about EUR -0.8 million (EUR -0.8 million), the EBIT was ca. EUR -1.3 million (EUR -1.3 million), and the profit for the period was ca. EUR -2.1 million (EUR -1.7 million). In January – September 2023, the net sales of Valoe Group, under the IFRS standards, were EUR about 1.1 million (in 2022 EUR 0.9 million). The EBITDA was about EUR -2.4 million (EUR -2.7 million), the EBIT was ca. EUR -3.7 million (EUR -3.9 million), and the profit for the period...

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Huhtamäki Oyj issues EUR 300 million bond

Huhtamäki Oyj issues EUR 300 million bond HUHTAMÄKI OYJ, STOCK EXCHANGE RELEASE, 16.11.2023 AT 20:05 (EET) NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA, HONG KONG, JAPAN, NEW ZEALAND, SINGAPORE OR SOUTH AFRICA OR ANY OTHER JURISDICTION IN WHICH THE RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL. Huhtamäki Oyj issues a EUR 300 million senior unsecured bond. The 5-year bond matures on November 24, 2028 and bears interest at the rate of 5.125 per cent per annum. The bond offering was allocated to approximately 150 investors. Huhtamäki Oyj will apply for the listing of the bond on the official list of Nasdaq Helsinki Ltd. Huhtamäki Oyj will use the net proceeds from the issue of the bond for the partial repurchase of its existing notes due...

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Toll Brothers Announces New Luxury Home Community Coming Soon to Nashville, Tennessee

Toll Brothers at The NationsToll Brothers at The Nations, a new home community featuring luxury condominiums and townhomes, is coming soon to Nashville.Toll Brothers at The Nations“With the variety of floor plans and the flexibility to create the space our home buyers want, Toll Brothers at The Nations offers buyers an amazing selection of new homes with high-end finishes in one of Nashville’s most sought-after neighborhoods,” said Jordan Hartigan, Division President of Toll Brothers in Tennessee.NASHVILLE, Tenn., Nov. 16, 2023 (GLOBE NEWSWIRE) — Toll Brothers, Inc. (NYSE:TOL), the nation’s leading builder of luxury homes, today announced the company’s newest community, Toll Brothers at The Nations, is opening soon in Nashville, Tennessee. The community is located in the growing and highly desirable area...

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