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Day: April 24, 2024

PyroGenesis Signs Energy Transition Contract with Leading Global Steelmaker to Consider Plasma Use in Primary Steel Production

MONTREAL, April 24, 2024 (GLOBE NEWSWIRE) — PyroGenesis Canada Inc. (http://pyrogenesis.com) (TSX: PYR) (OTCQX: PYRGF) (FRA: 8PY), a high-tech company (the “Company” or “PyroGenesis”) that designs, develops, manufactures and commercializes advanced plasma processes and sustainable solutions which are geared to reduce greenhouse gases (GHG) and address environmental pollutants, is pleased to announce that it has signed a small contract with one of the five largest steelmakers in the world to assess the applicability of PyroGenesis’ fully electric plasma torches for use in the client’s manufacturing facilities as a primary heat source in the steelmaking process, specifically during the production of direct reduced iron (DRI) for use in electric arc furnaces (EAF). The client’s name shall remain anonymous for competitive and confidentiality...

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Treace Medical Named First Medical Device Partner and Official Foot and Ankle Solution Partner of the PPA Tour

Partnership to help pickleball players of all levels with bunions and related midfoot deformities to “get back on their feet” and out on the court DALLAS and PONTE VEDRA, Fla., April 24, 2024 (GLOBE NEWSWIRE) — The Professional Pickleball Association (PPA) Tour and Treace Medical Concepts, Inc. (NasdaqGS: TMCI), a medical technology company driving a fundamental shift in the surgical treatment of bunions and related midfoot deformities through its flagship Lapiplasty® and Adductoplasty® Procedures, today announced that Treace Medical has been named the first Medical Device Partner and Official Foot and Ankle Solution Partner for the PPA Tour. Treace was the first medical device company to become a PPA sponsor at last year’s National Championships. Beginning with the Fanatics Sportsbook North Carolina Cup presented by CIBC earlier...

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LSL Pharma Group Secures $3.8 Million as the Second and Final Tranche of Its Private Placement of Units

BOUCHERVILLE, Quebec, April 24, 2024 (GLOBE NEWSWIRE) — LSL PHARMA GROUP INC. (TSXV: LSL) (the “Corporation” or “LSL Pharma“), a Canadian integrated pharmaceutical company, today announced the second and final tranche of its private placement financing of Units (as defined hereafter) for $3.8 million representing the second closing of the upsized $7.5 million non-brokered private placement announced on April 11, 2024 (the “Financing”). The second tranche follows an initial first closing of $2.7 million announced on March 19, 2024, bringing the total gross proceeds from the private placement to $6.5 million when combined with the previous closing. Pursuant to the second tranche of the Financing, the Corporation has issued 9,485,000 units (the “Units”) at a price of $0.40 per unit for aggregate gross proceeds...

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TransAlta Achieves Commercial Operation of 300 MW White Rock Project and Increases its US Renewables Fleet to 820 MW

CALGARY, Alberta, April 24, 2024 (GLOBE NEWSWIRE) — TransAlta Corporation (“TransAlta” or the “Company”) (TSX: TA) (NYSE: TAC) announced today that the combined 300 MW White Rock East and White Rock West wind facilities (“White Rock”), located in Caddo County, Oklahoma, have achieved commercial operation. The White Rock wind facilities are fully contracted to Amazon Energy LLC (“Amazon”) and are currently supplying clean and affordable electricity to our customer. TransAlta’s portfolio in the US now totals 820 MW in net operating renewable energy capacity. “We are pleased to bring into service our first clean electricity project in Oklahoma, White Rock, which is our largest wind project completed to date. White Rock was made possible through our long-term customer relationship with Amazon and its commitment to power its operations...

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Green Thumb Continues its Florida Retail Expansion with Opening of RISE Dispensary Wesley Chapel, its 16th Florida Location, on April 26

CHICAGO and VANCOUVER, British Columbia, April 24, 2024 (GLOBE NEWSWIRE) — RISE Dispensaries, a rapidly growing cannabis retail chain owned by Green Thumb Industries Inc. (“Green Thumb” or the “Company”) (CSE: GTII) (OTCQX: GTBIF), today announced that RISE Dispensary Wesley Chapel, the Company’s 16th retail location in Florida and 93rd nationwide, will open April 26 with special discounts and complimentary merchandise for the store’s first 150 customers. Located at 28053 Wesley Chapel Blvd., Wesley Chapel, FL 33543, the dispensary will offer medical cannabis patients a diverse collection of cannabis products, including RYTHM premium flower and full spectrum vapes, Dogwalkers pre-rolls, Good Green flower and &Shine flower, pre-rolls, vapes and chews. “We couldn’t be more excited to open our first RISE Dispensary in Pasco County,...

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Augmedix Launches Industry’s First Fully-Automated, GenAI-Powered, Medical Documentation Product for Emergency Departments

Following incubation with HCA Healthcare EDs, Augmedix announces the general availability of Augmedix Go in emergency departments SAN FRANCISCO, April 24, 2024 (GLOBE NEWSWIRE) — Augmedix (Nasdaq: AUGX), a leader in ambient AI medical documentation and data solutions, today announced the general availability of Augmedix Go for emergency departments (EDs), marking the launch of the industry’s first fully-automated, generative AI (GenAI) powered medical documentation product for EDs across the country. The launch incorporates learnings from a pilot program with HCA Healthcare (NYSE: HCA), one of the nation’s leading healthcare providers. As part of the pilot, ED physicians in four HCA Healthcare hospitals utilized Augmedix Go to automate medical documentation, with the product instantaneously drafting their medical notes from...

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Green Shift Announces Sale of Berlin Royalty and Concurrent C$2 Million Non-Brokered Private Placement

Not for distribution to United States Newswire Services or for dissemination in the United States TORONTO, April 24, 2024 (GLOBE NEWSWIRE) — Green Shift Commodities Ltd. (TSXV: GCOM and OTCQB: GRCMF), (“Green Shift”, “GCOM” or the “Company”) is pleased to announce multiple updates which strengthens its growing equity portfolio and bolsters its capital position. The Company has entered into a non-binding letter of intent (“LOI”) on April 23, 2024 with a third-party (“AcquireCo”) pursuant to which AcquireCo has agreed to acquire 100% of the 1% NSR royalty covering all production from the Berlin Project (the “Royalty”). AcquireCo is an arm’s length, privately-held royalty company designed to gain exposure to rising uranium prices by making strategic royalty acquisitions to grow its portfolio. Trumbull Fisher, CEO and Director of GCOM,...

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Wabash Announces First Quarter 2024 Results

Quarterly revenue of $515 million; slightly below expectations on slower customer pickups Operating income of $30 million with operating margin of 5.7% Quarterly diluted earnings per share of $0.39 Total backlog of $1.8B, new order bookings continued during Q1 2024 EPS outlook maintained at $2.00 to $2.50 as Q1 shipment delays to flow into subsequent quartersLAFAYETTE, Ind., April 24, 2024 (GLOBE NEWSWIRE) — Wabash (NYSE: WNC), the innovation leader of connected solutions for the transportation, logistics and distribution industries, today reported results for the quarter ended March 31, 2024. The Company’s net sales for the first quarter of 2024 were $515.3 million, reflecting a 17.0% decrease compared to the same quarter of the previous year. The Company achieved consolidated gross profit of $76 million, equivalent to...

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Virtu Announces First Quarter 2024 Results

NEW YORK, April 24, 2024 (GLOBE NEWSWIRE) — Virtu Financial, Inc. (NASDAQ: VIRT), a leading provider of financial services and products that leverages cutting edge technology to deliver innovative, transparent trading solutions to its clients and liquidity to the global markets, today reported results for the first quarter ended March 31, 2024. First Quarter 2024:Net income of $111.3 million; Normalized Adjusted Net Income¹ of $124.3 million Basic and diluted earnings per share of $0.59; Normalized Adjusted EPS¹ of $0.76 Total revenues of $642.8 million; Trading income, net, of $408.1 million; Net income Margin of 17.3%²Adjusted Net Trading Income¹ of $366.9 millionAdjusted EBITDA¹ of $202.8 million; Adjusted EBITDA Margin¹ of 55.3% Share buybacks of $35.8 million, or 2.0 million shares, under the Share Repurchase Program³ Board...

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Southern Michigan Bancorp, Inc. Announces First Quarter 2024 Earnings

COLDWATER, Mich., April 24, 2024 (GLOBE NEWSWIRE) — Southern Michigan Bancorp, Inc. (OTC Pink: SOMC) announced first quarter net income of $2,678,000, or $0.59 per share, compared to net income of $3,005,000, or $0.66 per share, for the first quarter of 2023. John R. Waldron, President and Chief Executive Officer of Southern Michigan Bancorp, Inc., stated, “Earnings were lower due to net interest margin compression in this higher interest rate environment and our overhead increased as we continued our expansion. Total assets, loans and deposits all reached record highs.” As of March 31, 2024, total consolidated assets grew to $1.479 billion compared to $1.415 billion on December 31, 2023. Likewise, total loans and deposits also grew during the quarter totaling $1.058 billion and $1.211 billion, respectively, on March 31, 2024. The...

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