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Day: January 23, 2024

BioSenic files for additional patent protection following new clinical evidence of efficacy for JTA-004 in osteoarthritis

PRESS RELEASE – INSIDE INFORMATION Following a post-hoc analysis of a Phase 3 trial demonstrating pain relief in patients with severe knee osteoarthritis, Biosenic applied for an international patent to support the newly focused indication of JTA-004. Mont-Saint-Guibert, Belgium, January 23, 2024, 7.00am CET – BioSenic (Euronext Brussels and Paris: BIOS), the clinical-stage company focused on serious autoimmune and inflammatory diseases and cell therapy, today announces the filing of a U.S. patent for JTA-004, a viscosupplement in late-stage clinical development, following new evidence of its efficacy in a recently defined subtype of osteoarthritis (OA). There are several types of OA. In 2022, outside investigators publishedi findings that defined three subtypes based on biomarkers – including a severe form marked by high levels of...

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Newcourt Acquisition Corp Announces Continuation of Business Combination Close Process

NEW YORK, NY, Jan. 22, 2024 (GLOBE NEWSWIRE) — Newcourt Acquisition Corp (“Newcourt”) (NASDAQ: NCAC) announced today that the conditions to closing the business combination (the “Business Combination”) pursuant to the Amended and Restated Business Combination Agreement, dated July 31, 2023 (as amended, supplemented, or otherwise modified from time to time, the “Amended and Restated Business Combination Agreement”), by and among Newcourt, Newcourt SPAC Sponsor LLC, Psyence Group Inc. (CSE: PSYG) (“Psyence”), Psyence Biomedical Ltd., a corporation organized under the laws of Ontario, Canada (“Pubco”), Psyence (Cayman) Merger Sub, Psyence Biomed Corp., and Psyence Biomed II Corp. have not yet been satisfied and the business combination has not closed. The parties are working together to expeditiously satisfy such closing conditions,...

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CORRECTION – Oak Valley Bancorp Reports 4th Quarter Results and Announces Cash Dividend

OAKDALE, Calif., Jan. 22, 2024 (GLOBE NEWSWIRE) — In a release issued under the same headline on Friday, January 19th by Oak Valley Bancorp (NASDAQ: OVLY), please note that in the third sentence of the ninth paragraph, the loan growth during the quarter should be $45.3 million, not $100.8 million. The financial tables and the rest of the release were correct the first time and remain unchanged. The corrected release follows: Oak Valley Bancorp (NASDAQ: OVLY) (the “Company”), the bank holding company for Oak Valley Community Bank and their Eastern Sierra Community Bank division, recently reported unaudited consolidated financial results. For the three months ended December 31, 2023, consolidated net income was $5,865,000 or $0.71 per diluted share (EPS), as compared to $7,354,000, or $0.89 EPS, for the prior quarter and $9,475,000,...

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MINILUXE ANNOUNCES CLOSING OF SECOND TRANCHE OF CONVERTIBLE NOTE FINANCING

NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES Boston, MA, Jan. 22, 2024 (GLOBE NEWSWIRE) — MiniLuxe Holding Corp. (TSXV: MNLX) (“MiniLuxe” or the “Company“) is pleased to announce the final second closing of a non-brokered convertible debenture unit offering (the “Offering“), for gross proceeds of approximately USD$1,250,000, and aggregate gross proceeds of over USD$3,800,000 cumulatively across both tranches. For more details regarding the Offering please see the Company’s press releases dated November 30, 2023, and December 22, 2023. The second tranche of the Offering resulted in the issuance of 1250 units of the Company (each, a “Unit” and collectively the “Units“) at a price of $1,000 USD per Unit, and on the same...

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Stewart Elected to Serve on the Head Office Board of Directors for the Federal Reserve Bank of San Francisco

Laura Lee (Laurie) StewartLaura Lee (Laurie) StewartSEATTLE, Jan. 22, 2024 (GLOBE NEWSWIRE) — The Federal Reserve Bank of San Francisco elected Laura Lee (Laurie) Stewart, president and chief executive officer of Sound Community Bank / Sound Financial Bancorp, to its Head Office Board of Directors, effective January 1, 2024. “Serving on the Federal Reserve Bank of San Francisco’s Head Office Board of Directors is truly a privilege. Representing Community Banks and the communities, consumers, and businesses they serve is an honor and a responsibility I am committed to wholeheartedly,” said Ms. Stewart Ms. Stewart started in banking over 40 years ago and has held her current position since 1989. Seattle-based Sound Community Bank serves 25,000 households and businesses through nine retail banking locations and loan production...

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Brown & Brown, Inc. announces fourth quarter 2023 results, including total revenues of $1,026.2 million, an increase of 13.8%; Organic Revenue growth of 7.7%; diluted net income per share of $0.94; Diluted Net Income Per Share – Adjusted of $0.58; and a new alignment of its businesses into three segments

DAYTONA BEACH, Fla., Jan. 22, 2024 (GLOBE NEWSWIRE) — Brown & Brown, Inc. (NYSE:BRO) (the “Company”) announced its unaudited financial results for the fourth quarter and full year of 2023. Revenues for the fourth quarter of 2023 under U.S. generally accepted accounting principles (“GAAP”) were $1,026.2 million, increasing $124.8 million, or 13.8%, compared to the fourth quarter of the prior year, with commissions and fees increasing by 12.4% and Organic Revenue increasing by 7.7%. Income before income taxes was $355.1 million, increasing 82.9% from the fourth quarter of the prior year with Income Before Income Taxes Margin increasing to 34.6% from 21.5%. EBITDAC – Adjusted was $317.7 million, increasing 11.7% from the fourth quarter of the prior year with EBITDAC Margin – Adjusted decreasing...

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Robex Announces Top End of Production Guidance

QUEBEC CITY, Jan. 22, 2024 (GLOBE NEWSWIRE) — Robex Resources Inc. (TSXV: RBX) (“Robex” or the “Company”) is pleased to announce production of 51,827 ounces (“oz”) achieving top end guidance of 48,000oz-52,000oz. Company’s highlights in Q4 2023Gold production of 14,307oz of gold in Q4 2023, a 28% increase compared to 11,253oz in Q4 2022 Processed 543,242 tonnes of ore at a head grade of 0.94 grams per tonne (“g/t”) of gold, a 5% increase of ore processed compared with Q4 2022 Gold recovery of 87.5%, a 1.9% decrease compared with Q4 2022Company’s highlights in 2023Gold production of 51,826oz, a 11% increase in production compared with 2022 and achieving top end guidance of 48,000oz-52,000oz Processed 2,224,890 tonnes of ore at a head grade of 0.81g/t of gold, a 10% increase of ore processed compared with 2022 Gold recovery...

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