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Day: April 12, 2024

Lithium Ionic Announces 26% Increase in Global Mineral Resources with an Updated Mineral Resource Estimate at its Bandeira Project, Minas Gerais, Brazil

Global Mineral Resources increase 26% to 60.1Mt:M&I: 32.51Mt grading 1.31% Li2O Inferred: 27.57Mt grading 1.24% Li2OUpdated Bandeira Mineral Resources of 41.9 Mt grading 1.35% Li2OM&I: 23.68Mt grading 1.34% Li2O Inferred 18.25Mt grading 1.37% Li2OTORONTO, April 12, 2024 (GLOBE NEWSWIRE) — Lithium Ionic Corp. (TSXV: LTH; OTCQX: LTHCF; FSE: H3N) (“Lithium Ionic” or the “Company”), is pleased to report an updated NI 43-101 compliant mineral resource estimate (“MRE”) for the Bandeira Lithium Project (“Bandeira” or the “Project”), located within the Lithium Valley in Minas Gerais State, Brazil. The Lithium Valley is a unique geological belt that hosts a significant concentration of lithium-bearing pegmatites, which has emerged as a globally significant lithium producer. This new MRE increases the Company’s global...

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Portillo’s Inc. to Announce First Quarter 2024 Results on Tuesday, May 7, 2024

OAK BROOK, Ill., April 12, 2024 (GLOBE NEWSWIRE) — Portillo’s Inc. (“Portillo’s”) (Nasdaq: PTLO), the fast-casual restaurant concept known for its menu of Chicago-style favorites, today announced that it will be reporting first quarter 2024 financial results on Tuesday, May 7, 2024, before the market opens. A live audio webcast is scheduled for 10:00 AM ET that same day. Michael Osanloo, President and Chief Executive Officer, and Michelle Hook, Chief Financial Officer, will host the webcast. The webcast will be available on the company’s investor relations website at investors.portillos.com and a replay will be available on the site shortly after the event has concluded. Investors may also listen via telephone by dialing 1 (877) 407-3982 (toll-free) or 1 (201) 493-6780 (international). A telephone replay will be available shortly...

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NextNav Inc. Announces 2024 Annual Meeting of Stockholders

MCLEAN, Va., April 12, 2024 (GLOBE NEWSWIRE) — NextNav Inc. (NASDAQ: NN) (“NextNav” or the “Company”), a leader in next generation GPS, today announced that it intends to hold the Annual Meeting of Stockholders (the “2024 Annual Meeting”) on Thursday, May 16, 2024, at the time and location specified in the Company’s proxy statement for the 2024 Annual Meeting. The close of business on March 28, 2024 has been set as the record date for determination of shareholders entitled to notice of, and to vote at, the 2024 Annual Meeting. About NextNav Inc. NextNav Inc. (Nasdaq: NN) is a leader in next generation positioning, navigation and timing (PNT), enabling a whole new ecosystem of applications and services that rely upon 3D geolocation and PNT technology. Powered by low-band licensed spectrum, NextNav’s positioning and timing...

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Chibougamau Independent Mines, East Block Transaction

ROUYN-NORANDA, Quebec, April 12, 2024 (GLOBE NEWSWIRE) — Chibougamau Independent Mines Inc. (CBG-TSX-V in Canada, CLL1-Frankfurt, Stuttgart, Berlin and Lang & Schwarz Stock Exchanges in Germany, CMAUF-OTC in the US), herein called Chibougamau, wishes to inform shareholders that TomaGold Corporation (Lot-TSXV, TOGOF-OTCQB) have announced in a press release today, that they are finalizing the financing to acquire Chibougamau’s East Block of copper-gold properties. In order to allow TomaGold to complete the complicated procedures of legal and regulatory paperwork and approvals, Chibougamau has extended the date to finalize the transaction to April 30, 2024. Shareholders can refer to the Chibougamau Independent press release dated August 14, 2023 for the terms of the transaction. Apart from the purchase price which has been adjusted...

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Spartan Capital Releases Q1 2024 Performance Overview and Technical Outlook

New York, NY, April 12, 2024 (GLOBE NEWSWIRE) — Spartan Capital Securities, LLC, is pleased to announce the publication of its Q1 2024 Performance Overview and Technical Outlook. Authored by market strategist Gianpaolo Raffo, the report offers a detailed analysis of market trends, sector performances, and forecasts for the upcoming quarter. The comprehensive review, released on April 4, 2024, delves into the dynamics of major indices and market sectors, presenting key statistics and visualizations to summarize the first quarter of the year. Through this report, Spartan Capital aims to provide valuable insights into market momentum and sentiment, assisting clients in navigating the complexities of the investment landscape. Reflecting on the quarter’s achievements, Spartan Capital highlights significant growth across various...

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Udemy to Announce First Quarter 2024 Results on May 2

Conference call to be webcast live at 2 p.m. PT / 5 p.m. ET SAN FRANCISCO, April 12, 2024 (GLOBE NEWSWIRE) — Udemy (Nasdaq: UDMY), a leading online skills marketplace and learning platform, today announced it will report its first quarter 2024 financial results after the close of market on Thursday, May 2, 2024. Udemy will host a live conference call and webcast to discuss the results that afternoon at 2 p.m. PT / 5 p.m. ET. A link to the live webcast and recorded replay of the conference call will be available on the “Quarterly Results” section of Udemy’s Investor Relations website at https://investors.udemy.com/. The live call may also be accessed toll-free via telephone at (833) 630-1963 domestically and (412) 317-5702 internationally. The archived replay of the webcast will be available for approximately one year. About UdemyUdemy...

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Glen Burnie Bancorp Declares 1Q 2024 Dividend

GLEN BURNIE, Md., April 12, 2024 (GLOBE NEWSWIRE) — Glen Burnie Bancorp (NASDAQ: GLBZ), parent company of The Bank of Glen Burnie®, announced that its Board of Directors declared a regular dividend of ten cents ($0.10) per share of common stock at their meeting on April 11, 2024. This action marks the company’s 127th consecutive dividend. The regular dividend is payable on May 6, 2024, to shareholders of record at the close of business on April 22, 2024. Glen Burnie Bancorp, parent company to The Bank of Glen Burnie, currently maintains consolidated assets totaling $369.9 million at March 31, 2024. Founded in 1949, The Bank of Glen Burnie is a community bank with eight branch offices serving Anne Arundel County, MD (www.thebankofglenburnie.com). Certain information contained in this news release, which does not relate to historical...

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Virco Reports Full Year Revenue Increased 16.5% to $269.1 million, delivering 32.4% growth in Net Income

U.S. Factories and experienced staff support broad school recovery and related demand for school furniture Vertical control of order-to-cash cycle generates strong operating and financial efficiencies, with most metrics at historic highsNet Income reaches $21.9 million vs. $16.5 million in prior year Full Year Gross Margin expands to 43.1% vs. 36.9% in prior year Cash flow from operations reaches $27.0 million vs. $(3.8 million) in prior year due to combined operating income and balancing of post-pandemic inventories Forward indicator of “Shipments plus Backlog” reaches record $317.6 million vs. $289.6 million last year Company is effectively debt-free at year endTORRANCE, Calif., April 12, 2024 (GLOBE NEWSWIRE) — Virco Mfg. Corporation (NASDAQ: VIRC), the leading manufacturer and supplier of moveable furniture and equipment...

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Annual General Meeting 2024 Resolutions

April 12, 2024 SBM Offshore is pleased to announce that all resolutions were adopted as proposed during the Annual General Meeting of April 12, 2024. The adopted resolutions include the appointment of Patrick Jager as member of the Supervisory Board. Shareholders also voted in favor of the proposed all cash dividend of US$150 million, which represents a dividend distribution of US$0.8336 per ordinary share. Dividends will be paid in Euros using the exchange rate on February 28, 2024 of 1.0895, which will result in a payout of €0.7651 per ordinary share. The cash dividend is payable on May 10, 2024 to all shareholders of record as at April 16, 2024 through the bank or broker administering the shares. ABN AMRO is responsible for executing the dividend payment on behalf of SBM Offshore and offers the Company’s shareholders the option to participate...

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Clarification of guidance for revenue and lower than expected operating profit in the 2023/24 financial year

ANNOUNCEMENT NO. 261Clarification of guidance for revenue and lower than expected operating profit in the 2023/24 financial year According to the preliminary figures, revenue in the third quarter of 2023/24 was DKK 98.9 million and in the first nine months of 2023/24 DKK 298.2 million. Based on the development in the third quarter of 2023/24 and the expectations for the remaining part of the financial year, expectations for revenue for the 2023/24 financial year are clarified. Hence, revenue in 2023/24 is expected to be in the DKK 400-415 million range against previously announced DKK 400-435 million and thus still within the most recently announced range. Earnings in the third quarter of 2023/24 have been affected by one-off costs in connection with organizational changes, and, among other things, as a result of this, an operating...

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