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Day: April 15, 2024

VCI Global Hits Key Growth Milestone by Completing Its Second Technology Acquisition; a Leading AI Gamification Platform Serving Global Brands

KUALA LUMPUR, Malaysia, April 15, 2024 (GLOBE NEWSWIRE) — VCI Global Limited (NASDAQ: VCIG) (“VCI Global”, “VCIG”, or the “Company”), a disruptive technology and IP aggregator and capital markets advisor based in Southeast Asia, announced the acquisition of two leading AI gamification brand engagement platforms on mobile from a UK-based games developer. The acquisition of the “ENGAGE” and “Interact” platforms opens up vast new monetization channels in brand marketing to VCIG, with global mobile advertising spending projected to hit $400 billion in 2024, with $136 billion (Martech) being spent on mobile games alone by 2025, and 65% of all US digital advertising spend directed towards mobile platforms (Oberlo). With opportunities across both Western and Asian markets alike, VCIG will sit at the center of global brand spend, bridging...

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Great Pacific Gold to Acquire Papua New Guinea Focused Tinga Valley Copper & Gold Corp.

Highlights:347 sq km granted exploration license (“EL”) located 140 km along strike of ‘World Class’ Ok Tedi Copper-Gold Mine with very similar geological setting. Tinga Valley Property highly prospective for large and high-grade porphyry style copper-gold mineralization and associated massive sulphide-magnetite skarn mineralization with elevated copper and gold-silver grades with several large high priority drill targets already identified over a 2.5km x 1.5km footprint. Historic surface exploration work identified extensive Copper and Gold grades across a 2km copper mineralized zone including grades above 1.97% Cu, 12.7g/t Au. Tinga Valley Property will complement extensive copper-gold portfolio in PNG with exploration planned to unlock major Copper, Gold Porphyry potential in 2024VANCOUVER, British Columbia, April 15, 2024...

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Inspired Reports Fourth Quarter and Full Year 2023 Results

Record Full Year 2023 Revenue of $323 million, up 15% versus prior year period Full Year 2023 Net Income of $7.6 million, or 0.27 per share Record Full Year 2023 Adjusted EBITDA of $100.5 million 4Q Revenue of $81.2 million driven by 49% increase in Interactive segmentNEW YORK, April 15, 2024 (GLOBE NEWSWIRE) — Inspired Entertainment, Inc. (“Inspired” or the “Company”) (NASDAQ: INSE), a leading B2B provider of gaming content, technology, hardware and services, today reported financial results for the three-month period and fiscal year ended December 31, 2023. “We closed out 2023 with solid results, in-line with our expectations,” said Lorne Weil, Executive Chairman of Inspired. “Our fourth quarter performance capped off a strong year, fueled by our successful strategic focus on scaling our higher-margin digital verticals alongside...

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ERES REIT Declares April 2024 Monthly Distribution

TORONTO, April 15, 2024 (GLOBE NEWSWIRE) — European Residential Real Estate Investment Trust (TSX: ERE.UN, “ERES”) is pleased to announce that the trustees of ERES have declared the April 2024 monthly cash distribution of €0.01 per Unit and Class B LP Unit (the “April Distribution”), being equivalent to €0.12 per Unit annualized. The distribution will be payable to holders of the Units and Class B LP Units (the “Unitholders”) of record on April 30, 2024, with payment on May 15, 2024. The Euro-denominated distribution will be paid in Canadian dollars based on the exchange rate on the date of payment (estimated C$0.01459 per Unit and Class B LP Unit). Registered Unitholders will be provided with an option to elect to receive such distribution in Euros rather than Canadian dollars. If no such election is made, registered Unitholders...

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CAPREIT Announces April 2024 Distribution

TORONTO, April 15, 2024 (GLOBE NEWSWIRE) — Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX: CAR.UN) announced today its April 2024 monthly distribution in the amount of $0.12084 per Unit (or $1.45 on an annualized basis). The April 2024 distribution will be payable on May 15, 2024 to Unitholders of record at the close of business on April 30, 2024. CAPREIT is Canada’s largest publicly traded provider of quality rental housing. As at December 31, 2023, CAPREIT owns approximately 64,300 residential apartment suites, townhomes and manufactured home community sites well-located across Canada and the Netherlands, with approximately $16.5 billion of investment properties in Canada and Europe. Since its Initial Public Offering in May 1997, CAPREIT has grown monthly cash distributions per Unit by 103%. For more...

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Extendicare Announces April 2024 Dividend of C$0.04 per Share

MARKHAM, Ontario, April 15, 2024 (GLOBE NEWSWIRE) — Extendicare Inc. (“Extendicare” or the “Company”) (TSX: EXE) announced that it has declared a cash dividend of C$0.04 per common share of the Company (the “Common Share”) for the month of April 2024, which is payable on May 15, 2024 to shareholders of record at the close of business on April 30, 2024. This dividend is designated as an “eligible dividend” within the meaning of the Income Tax Act (Canada). About Extendicare Extendicare is a leading provider of care and services for seniors across Canada, operating under the Extendicare, ParaMed, Extendicare Assist, and SGP Purchasing Partner Network brands. We are committed to delivering quality care throughout the health continuum to meet the needs of a growing seniors’ population. We operate a network of 125 long-term care homes...

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PetMeds® Announces Fiscal 2024 Third Quarter Financial Results and Completion of Financial Restatement

Fiscal 2024 3Q Revenue of $65.3 million, an 11% increase compared to last year including PetCareRx results.AutoShip & Save and PetPlus Membership, 52% of total revenue, up from 42% at the same time last year.Strong balance sheet with $49.4 million of cashThe Company is now current in all of its SEC filings DELRAY BEACH, Fla., April 15, 2024 (GLOBE NEWSWIRE) — PetMed Express, Inc. (NASDAQ: PETS)(“PetMeds” or “Company”), Your Trusted Pet Health ExpertTM, today announced its financial results for its third quarter of fiscal year 2024, restated financial statements for the years ended March 31, 2023, 2022 and 2021, and interim financial statements for previously reported quarterly periods in 2023 and 2022. Quarterly HighlightsNet sales for the quarter ended December 31, 2023, were $65.3 million, compared to $58.9 million for...

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Blue World Acquisition Corporation Postponed the Extraordinary General Meeting to Approve the Business Combination with TOYO Solar Pending A Post-Effective Amendment to The Registration Statement

New York, April 15, 2024 (GLOBE NEWSWIRE) — Blue World Acquisition Corporation (“Blue World”) (NASDAQ: BWAQ) today announced that it postponed the extraordinary general meeting (the “Extraordinary General Meeting”) pending the Post-Effective Amendment (as defined below) in connection with the proposed business combination (the “Business Combination”) between Blue World and Vietnam Sunergy Cell Company Limited, a Vietnamese company (“TOYO Solar”). Prior to the Extraordinary General Meeting, TOYO Co., Ltd, a Cayman Islands exempted company and the parent of TOYO Solar (“PubCo”) intends to file with the U.S. Securities and Exchange Commission (the “SEC”) and make available to Blue World’s shareholders, a post-effective amendment to the Registration Statement on Form F-4 of PubCo, as amended (File No. 333-277779) (the “Registration...

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Reviva Reports Full Year 2023 Financial Results and Recent Business Highlights

– RECOVER-1 Phase 3 global trial successfully met all primary and secondary endpoints with statistically significant reductions across all major symptom domains in schizophrenia – – Initiation of registrational RECOVER-2 trial expected in the second quarter of 2024; topline data expected Q2 2025 – – Topline data from 1-year open-label extension (OLE) trial expected Q4 2024 – – Most non-clinical activities completed and preparation is underway to support a New Drug Application (NDA) submission for brilaroxazine in schizophrenia targeted for Q3 2025 – CUPERTINO, Calif., April 15, 2024 (GLOBE NEWSWIRE) — Reviva Pharmaceuticals Holdings, Inc. (NASDAQ: RVPH) (“Reviva” or the “Company”), a late-stage pharmaceutical company developing therapies that seek to address unmet medical needs in the areas of central nervous system (CNS), inflammatory...

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Microchip Technology Acquires Neuronix AI Labs

Innovative technology enhances AI-enabled intelligent edge solutions and increases neural networking capabilities CHANDLER, Ariz., April 15, 2024 (GLOBE NEWSWIRE) — Microchip Technology (Nasdaq: MCHP) has acquired Neuronix AI Labs to expand its capabilities for power-efficient, AI-enabled edge solutions deployed on field programmable gate arrays (FPGAs). Neuronix AI Labs provides neural network sparsity optimization technology that enables a reduction in power, size and calculations for tasks such as image classification, object detection and semantic segmentation, while maintaining high accuracy. Microchip’s mid-range PolarFire® FPGAs and SoCs already lead the industry in terms of low power consumption, reliability and security capabilities. The acquisition of this technology will enable Microchip to develop cost-effective, large-scale...

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