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Month: March 2024

Theratechnologies Appoints Jordan Zwick to its Board of Directors

MONTREAL, March 21, 2024 (GLOBE NEWSWIRE) — Theratechnologies Inc. (“Theratechnologies” or the “Company”) (TSX: TH) (NASDAQ: THTX), a biopharmaceutical company focused on the development and commercialization of innovative therapies, today announced the appointment of Jordan Zwick, Chief Business Officer at Mirador Therapeutics Inc., to its Board of Directors and as a member of the Company’s Audit Committee. “We welcome Jordan Zwick to the Board as an important addition to our esteemed group of advisors,” said Dawn Svoronos, Chair of the Board of Directors at Theratechnologies. “With his extensive experience in the U.S. biotech and pharmaceutical industry, coupled with expertise in global finance, business development and corporate strategy, Mr. Zwick will help to guide Theratechnologies as the Company works towards generating...

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FuelPositive Files Patent for Green Aqueous Ammonia Production Module and Provides Update on First Farm-Ready System

Highlights:Provisional patent filed on new Green Aqueous Ammonia add-on module systems: the “FP300A” and “FP1500A” Benefits of Green Aqueous Ammonia Factory Acceptance Testing of FuelPositive’s Green Anhydrous Ammonia system occurring in early April On track with April 15th target deliveryWATERLOO, Ontario, March 21, 2024 (GLOBE NEWSWIRE) — FuelPositive Corporation, a leading Green Ammonia Company (TSX.V: NHHH) (OTCQB: NHHHF) (the “Company” or “FuelPositive”) is pleased to announce that it has filed a provisional patent for its new Green Aqueous Ammonia add-on module systems: the FP300A and FP1500A. Once fully commercialized, this system could enable farmers to independently produce Green Aqueous Ammonia fertilizer on location at a significantly lower cost and with much lower GHGs than existing methods. This groundbreaking...

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Canacol Energy Ltd. Reports Net Income of $86 million for the Year Ended December 31, 2023

CALGARY, Alberta, March 21, 2024 (GLOBE NEWSWIRE) — Canacol Energy Ltd. (“Canacol” or the “Corporation”) (TSX:CNE; OTCQX:CNNEF; BVC:CNEC) is pleased to report its financial and operating results for the three months and year ended December 31, 2023. Dollar amounts are expressed in United States dollars, with the exception of Canadian dollar unit prices (“C$”) where indicated and otherwise noted. Highlights for the three months and year ended December 31, 2023Adjusted EBITDAX increased 2% and 11% to $53.1 million and $236.8 million for the three months and year ended December 31, 2023, respectively, compared to $52 million and $212.9 million for the same periods in 2022. Conventional natural gas and crude oil proved plus probable reserves and deemed volumes (“2P”) before tax NPV-10 increased 10% to $2.1 billion at December 31,...

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ProKidney Reports Full Year 2023 Financial Results and Recent Corporate Highlights

WINSTON-SALEM, N.C., March 21, 2024 (GLOBE NEWSWIRE) — ProKidney Corp. (Nasdaq: PROK) (“ProKidney” or the “Company”), a leading late clinical-stage cellular therapeutics company focused on chronic kidney disease (CKD), today announced financial results for the year ended December 31, 2023. “We are very excited about the future of ProKidney. Building on the positive interim Phase 2 data that we released last Fall for rilparencel (which we sometimes refer to as REACT®) demonstrating the potential to preserve kidney function in patients with type 2 diabetes mellitus and advanced kidney disease, we look forward to the REGEN-007 Phase 2 interim data readout mid-year,” said Bruce Culleton, Chief Executive Officer at ProKidney. “Our clinical data to date have shown that rilparencel may meet a current unmet medical need by preserving...

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SoFi Announces Additional March Monthly Distributions on $THTA (13.14%)

NEW YORK, March 21, 2024 (GLOBE NEWSWIRE) — SoFi, a leading provider of thematic and income ETFs, today announced an additional distribution for the month of March on the SoFi Enhanced Yield ETF (THTA). THTA expects to continue its once per month distribution schedule in April and beyond. Distribution as of 3/21/24ETFTicker Distributionper Share DistributionRate * 30-Day SEC Yield** Ex-Date RecordDate PaymentDateTHTA $0.2030 12.04% 4.48% 3/28/2024 4/1/2024 4/2/2024Distributions For March 2024 – as of 3/21/24ETFTicker Distributionper Share DistributionRate *  30-Day SEC Yield**  THTA $0.2217 13.14%  4.48%    Inception date: 11/15/2023Click here to view standardized performance for THTA. THTA, launched in partnership with Tidal Investments LLC and ZEGA Financial LLC, seeks current income by combining a strategy...

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VitalHub Corp. Reports Fourth Quarter and Year-End 2023 Results

TORONTO, March 21, 2024 (GLOBE NEWSWIRE) — VitalHub Corp. (the “Company” or “VitalHub”) (TSX:VHI) (OTCQX:VHIBF) announced today it has filed its Consolidated Financial Statements and Management’s Discussion and Analysis report for the year ended December 31, 2023, with the Canadian securities authorities. These documents may be viewed under the Company’s profile at www.sedar.com. “As VitalHub closes another quarter, it’s with a great sense of achievement that we reflect on the strides we’ve made. Our Q4 2023 revenue reached $13,603,419, marking a 20% increase over the same period last year. This growth underscores the successful execution of our strategy and the unwavering dedication of our team. Q4 gross profit as a percentage of revenue improved to 83%, up from 82% in the prior year quarter, demonstrating...

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Ryman Hospitality Properties, Inc. Announces Upsizing and Pricing of $1.0 Billion of Senior Notes Due 2032

NASHVILLE, Tenn., March 21, 2024 (GLOBE NEWSWIRE) — Ryman Hospitality Properties, Inc. (NYSE: RHP) (the “Company”) announced today that its subsidiaries, RHP Hotel Properties, LP (the “Operating Partnership”) and RHP Finance Corporation (together, with the Operating Partnership, the “Issuers”), successfully upsized and priced the private placement of $1.0 billion aggregate principal amount of 6.500% senior notes due 2032 (the “Notes”). The aggregate principal amount of the Notes to be issued in the offering was increased to $1.0 billion from the previously announced $800.0 million. The Notes will be senior unsecured obligations of the Issuers and guaranteed by the Company and its subsidiaries that guarantee its existing credit facility, 4.750% senior unsecured notes due 2027, 7.250% senior unsecured notes due 2028 and 4.500% senior...

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Acceleware Ltd. Reports Fourth Quarter 2023 Financial and Operating Results

CALGARY, Alberta, March 21, 2024 (GLOBE NEWSWIRE) — Acceleware® Ltd. (“Acceleware” or the “Company”) (TSX-V: AXE), a leading innovator of transformative technologies targeting the decarbonization of industrial heating, today announced its financial and operating results for the year ended December 31, 2023 (all figures are in Canadian dollars unless otherwise noted). Acceleware’s year end results reflect contributions from the Company’s two business units, radio frequency (“RF”) heating for industrial applications using the Company’s proprietary Clean Tech Inverter (“CTI”) including enhanced oil recovery (“RF XL”), and high-performance computing (“HPC”) scientific software. This news release should be read in conjunction with the Company’s audited financial statements and the accompanying notes for the year ended December...

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Etrion Releases 2023 Results

GENEVA, March 21, 2024 (GLOBE NEWSWIRE) — Etrion Corporation (“Etrion” or the “Company”, and, together with its subsidiaries, the “Group”) released today its annual consolidated financial statements and related management’s discussion and analysis (“MD&A”) for the year ended December 31, 2023. 2023 HIGHLIGHTSEtrion closed 2023 with an unrestricted cash balance of US$9.9 million and a positive working capital of US$7.6 million.Management Comments Marco A. Northland, the Company’s Chief Executive Officer, commented, “The Company going forward will maintain very limited resources and proceed with a windup of the Company as previously disclosed.” FINANCIAL SUMMARY  Three months ended Twelve months endedUS$ thousands (unless otherwise stated) Q4-23 Q4-22   Q4-23 Q4-22           Financial performance from continuing...

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Strategic Execution and Corporate Simplification Continues – ECN Capital Announces Completion of the Sale of Red Oak Inventory Finance to BharCap Partners

TORONTO, March 21, 2024 (GLOBE NEWSWIRE) — ECN Capital Corp. (TSX: ECN) (“ECN Capital” or the “Company”) today announced the sale of Red Oak Inventory Finance (“Red Oak”) to BharCap Partners. The transaction closed on February 21, 2024. This transaction is another milestone in ECN Capital’s corporate simplification plan and strategic review process for the Company’s RV & Marine platform. The net proceeds from the transaction were initially used to pay down debt under the Company’s credit facility and are expected to be available to be redeployed into ECN’s manufactured housing and RV & Marine origination platforms. RBC Capital Markets acted as sole financial advisor to the Company, and Cravath, Swaine & Moore LLP acted as legal advisor to the Company in connection with the transaction. About ECN Capital Corp. With...

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