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Day: April 23, 2024

GRAND PEAK CORPORATE UPDATE

Surrey, British Columbia, April 23, 2024 (GLOBE NEWSWIRE) — Grand Peak Capital Corp. (“Grand Peak” or the “Company“) (CSE: GPK, FSE: 6GP1 OTC: GPKUF) announces that Jatinder Bains has resigned from the Board of the Company, effective immediately, due to personal and private reasons. The Company would like to thank Mr. Bains for his years of time and service to the Company and its shareholders, and we wish him well in the future. As a replacement for Mr. Bains, the Company is pleased to announce that Mr. Satinder Dhaliwal has agreed to fill the vacancy of an independent director on our Board. Mr. Dhaliwal is currently a corporate, commercial, and real estate lawyer based in Surrey, British Columbia, having previously worked at an international law firm in Vancouver. Mr. Dhaliwal completed his undergraduate...

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QNB Corp. Reports Earnings For First Quarter 2024

QUAKERTOWN, Pa., April 23, 2024 (GLOBE NEWSWIRE) — QNB Corp. (the “Company” or “QNB”) (OTC Bulletin Board: QNBC), the parent company of QNB Bank (the “Bank”), reported net income for the first quarter of 2024 of $2,594,000, or $0.71 per share on a diluted basis. This compares to net income of $4,118,000, or $1.15 per share on a diluted basis, for the same period in 2023. For the quarter ended March 31, 2024, the annualized rate of return on average assets and average shareholders’ equity was 0.59% and 6.53%, respectively, compared with 0.96% and 11.11%, respectively, for the first quarter 2023. The operating performance of the Bank, a wholly-owned subsidiary of QNB Corp., declined for the quarter ended March 31, 2024, in comparison with the same period in 2023, due primarily to interest margin compression causing a $298,000 decline...

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Festi hf.: Financial results for Q1 2024

Key findingsSale of goods amounted to ISK 32,223 million, compared to ISK 29,484 million in the previous year, an increase of 9.3% between years. Gross profit from sales of goods and services amounted to ISK 7,033 million, an increase of 806 million or 12.9% between years. Profit Margins from sales of goods and services were 21.8% and increases by 0.7 p.p. from Q1 2023 but decreases by 1.2 p.p. from Q4 2023. Salaries and other personnel expenses increase by 7.5% and full-time equivalents by 2.5%. EBITDA amounted to ISK 1,898 million compared to ISK 1,401 million in Q1 2023, increase of 35.5% between years. Profit for the quarter amounted to ISK 202 million, or 2.9% of margin, a turnaround of ISK 293 million YoY. Net cash from operating activities was ISK 538 million or 7.6% of margin, compared to ISK 1,238 million last year. Equity...

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Axalta Irus Mix and Voltatex® 7345 A ECO Wire Enamel Win Silver 2024 Edison Awards™; Low Carbon Footprint Sustainable Coating System with Hyperdur® Primer and Chromadyne® Colorcoat Takes Bronze

PHILADELPHIA, April 23, 2024 (GLOBE NEWSWIRE) — Axalta Coating Systems (NYSE: AXTA), a leading global coatings company, announced today that it has won three 2024 Edison Awards™. Axalta Irus Mix won silver in the Environmental and Industrial Solutions category. Axalta’s Voltatex® 7345 A ECO Wire Enamel and its Low Carbon Footprint Sustainable Coating System with Hyperdur® Primer and Chromadyne® Colorcoat won silver and bronze, respectively, in the Coatings and Manufacturing category. This is the sixth consecutive year that Axalta has won prestigious Edison Awards™. “We are honored again to be an Edison Awards™ recipient, as it reflects our company’s focus on innovation,” said Dr. Robert Roop, Axalta’s Chief Technology Officer. “These three remarkable solutions further showcase what our innovations can...

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NowVertical Group Announces Amendment to Acrotrend Obligations

Agreement with Acrotrend Sellers Reduces and Defers Cash Payment Obligations by NowVertical Over the Next Two Years TORONTO, April 23, 2024 (GLOBE NEWSWIRE) — NowVertical Group Inc. (TSXV: NOW) (OTCQB: NOWVF), (“NOW” or the “Company”), is pleased to announce that Acrotrend Solutions Limited (“Acrotrend”) has achieved Adjusted EBITDA of US$2.1 million for the year ended December 31, 2023. In addition, in an effort to further align the interests of management with shareholders, the Company has entered into an agreement to settle its ongoing obligations in connection with NOW’s prior acquisition of Acrotrend pursuant to a share purchase agreement dated December 9, 2022, as amended (the “SPA”). “As we articulated to shareholders earlier this year, the Board has been engaged in a renegotiation of commitments with key business unit stakeholders....

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Amundi: Ordinary general meeting of shareholders, 24th May 2024

Ordinary general meeting of shareholders, 24th May 2024 Arrangements for making preparatory documents available and consulting them Paris, 23 April 2024 The Ordinary General Meeting of shareholders of Amundi will be held at 10. a.m. Paris time on Friday, 24th May 2024 at the company’s head office at 91-93, boulevard Pasteur, 75015 PARIS. The notice of meeting, including the agenda and the draft resolutions, was published in the Bulletin des Annonces Légales et Obligatoires (BALO, French gazette for compulsory legal announcements) of 19th April 2024 and may be accessed on the company’s website (https://about.amundi.com/general-meetings). The convening notice will be published in the BALO of 3rd May 2024 and will also be made available on the company’s website. The documents and information relating to the general meeting, including those...

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Correction: Solutions30, through its subsidiary Unit-T, is selected to support Fluvius in their ´Energy Grid upgrade program´ in Flanders with a 5-year contract, extendable for another 3 years

Solutions30, through its subsidiary Unit-T, is selected to support Fluvius in their ´Energy Grid upgrade program´ in Flanders with a 5-year contract, extendable for another 3 years April 23, 2024 Fluvius, an Energy network company in Flanders, has awarded Solutions30 through its subsidiary Unit-T, a turnkey contract to upgrade the electricity network to stay ahead on the Energy needs in Flanders for a duration of 5 years, with an option to renew for another 3 years depending on performance. During the first five years, Solutions30’s teams will transform more than 1000 km of electricity network and connect multiple houses to the new developed Energy Network established with local cities and communities. “We are extremely proud to have been chosen by our longtime customer Fluvius to strengthen the power grids in Flanders, Belgium...

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Maryland CareerQuest Connects Area Students with Training and Education Opportunities for Hands-On Careers

Lincoln Tech is an event sponsor as schools, employers gather to help build the next generation of skilled workers. Parsippany, NJ, April 23, 2024 (GLOBE NEWSWIRE) — Lincoln Educational Services Corporation (NASDAQ: LINC), a national leader in specialized technical training for more than 75 years, is a sponsor of Maryland CareerQuest 2024, seeking to raise awareness of the career opportunities in hands-on trades and the training required to attain those roles. The event at the Live! Hotel in Hanover, MD on Monday, April 29 beginning at 10am will feature a keynote address by Maryland Lieutenant Governor Aruna Miller. More than 1,200 high school students, veterans of the Armed Forces, and adult career changers from the Baltimore and Washington, DC metro areas are expected to attend the event. Maryland CareerQuest 2024 will include...

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Independent Bank Corporation Announces Appointment of Stephen L. Gulis, Jr. as Chairperson to Its Board of Directors

Stephen L Gulis, Jr.Stephen L. Gulis, Jr., Chairperson of the BoardGRAND RAPIDS, Mich., April 23, 2024 (GLOBE NEWSWIRE) — Independent Bank Corporation (NASDAQ: IBCP), the holding company of Independent Bank, a Michigan-based community bank, announced that its Board of Directors appointed Stephen L. Gulis, Jr. as Chairperson to the Boards of the Corporation and the Bank. Mr. Gulis succeeds Mr. Michael M. Magee who served as Chairperson of the Corporation and the Bank since January 1, 2013. Mr. Gulis became a Director of the Boards of Independent Bank Corporation and Independent Bank in 2004. He retired in 2008 as the Executive Vice President and President of Wolverine Worldwide Global Operations Group. He served as Executive Vice President, CFO, and Treasurer of Wolverine Worldwide prior to his appointment as President,...

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Dassault Aviation: Terms of provision of the background documents for the GM

GENERAL MEETING OF 16 MAY 2024 Terms of the provision of the preparatory documents -oOo- The shareholders have been convened to the Combined General Meeting to be held on: THURSDAY 16 MAY 2024 at 3 PMat the registered office 9, Rond-Point des Champs-Élysées – Marcel Dassault – Paris (75008). The meeting notice (l’avis de réunion) comprising the agenda and the text of the resolutions submitted by the Board of Directors to such General Meeting has been published on 8 April 2024 in the French official legal announcement publication number 43 (Bulletin des Annonces Légales Obligatoires (BALO)). This meeting notice can be consulted on the website of the BALO www.journal-officiel.gouv.fr and on the website of the company www.dassault-aviation.com (in the folder “Group”, sub folder “Finance” then “General Meetings” (Assemblées Générales)). As...

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