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Month: April 2024

Agrify Corporation Reports Full-Year 2023 Earnings

Company achieves first positive quarterly net income of approximately $572,000 TROY, Mich., April 15, 2024 (GLOBE NEWSWIRE) — Agrify Corporation (Nasdaq:AGFY) (“Agrify” or the “Company”), a leading provider of innovative cultivation and extraction solutions for the cannabis industry, today announced financial results for the fiscal year ended December 31, 2023. During the quarter ended December 31, 2023, the Company achieved its first positive quarterly net income of approximately $572,000. Fourth Quarter 2023 Financial Results SummaryRevenue was $2.8 million for the fourth quarter of 2023 compared to $5.9 million for the fourth quarter of 2022. Gross profit was $2.7 million for the fourth quarter of 2023 compared to a gross loss of $33.5 million for the fourth quarter of 2022. Operating loss was $1.5 million for the fourth quarter...

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Peyto Exploration & Development Corp. Confirms Monthly Dividend for May 15, 2024

CALGARY, Alberta, April 15, 2024 (GLOBE NEWSWIRE) — Peyto Exploration & Development Corp. (TSX: PEY) (“Peyto”) confirms that the monthly dividend with respect to April 2024 of $0.11 per common share is to be paid on May 15, 2024, for shareholders of record on April 30, 2024. Dividends paid by Peyto to Canadian residents are eligible dividends for Canadian income tax purposes. Shareholders and interested investors are encouraged to visit the Peyto website at www.peyto.com to learn more about what makes Peyto one of North America’s most exciting energy companies. The website also includes a monthly report, which discusses various topics chosen by the President and CEO and includes estimates of monthly capital expenditures and production. For further information please contact:Jean-Paul LachancePresident and...

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Aileron Therapeutics Reports Fourth Quarter and Full Year 2023 Financial Results and Provides Business Update

Topline results from Phase 1b study of LTI-03, a novel Caveolin-1-related peptide in development for the treatment of idiopathic pulmonary fibrosis, expected to be reported in the third quarter of 2024 Cash runway expected to fund operations and key milestones into the fourth quarter of 2024 AUSTIN, Texas, April 15, 2024 (GLOBE NEWSWIRE) — Aileron Therapeutics, Inc. (“Aileron”, the “Company”, “we”, “our” or “us”) (NASDAQ: ALRN), a biopharmaceutical company advancing a novel pipeline of first-in-class medicines to address significant unmet medical needs in orphan pulmonary and fibrosis indications, today reported financial results for the fourth quarter and full year ended December 31, 2023 and provided a business update. “We ended the year in a solid position after the successful completion of our merger with Lung Therapeutics,...

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Orgenesis Provides Year End Business Update

Major transformation underway commencing with recent acquisitionreasserting full ownership and control over Octomera Secured a $2.3 million investment from a group including sophisticated healthcare professionals at $1.03 per share and accompanying warrants, a more than 50% premium to prior–day closing price Entered into asset purchase and strategic collaboration agreement which will provide Octomera with over $8 million of initial collaboration payments GERMANTOWN, Md., April 15, 2024 (GLOBE NEWSWIRE) —  Orgenesis Inc. (NASDAQ: ORGS) (“Orgenesis” or the “Company”), a global biotech company working to unlock the full potential of cell and gene therapies (CGT) in order to improve access and outcomes in healthcare, today provided a business update for the year ended December 31, 2023. “Orgenesis is a company that has set as...

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Scorpio Tankers Inc. Announces That on May 9, 2024, the Company Plans to Issue Its First Quarter 2024 Results and Have a Conference Call

MONACO, April 15, 2024 (GLOBE NEWSWIRE) — Scorpio Tankers Inc. (NYSE:STNG) (“Scorpio Tankers,” or the “Company”) announced today that on Thursday, May 9, 2024, the Company plans to issue its first quarter 2024 earnings press release in the morning (Eastern Daylight Time) and host a conference call at 9:00 AM Eastern Daylight Time and 3:00 PM Central European Summer Time. Conference Call Information Title: Scorpio Tankers Inc. First Quarter 2024 Conference Call Date: Thursday May 9, 2024 Time: 9:00 AM Eastern Daylight Time and 3:00 PM Central European Summer Time The conference call will be available over the internet, through the Scorpio Tankers Inc. website www.scorpiotankers.com and the webcast link: https://edge.media-server.com/mmc/p/kd9z9abw Participants for the live webcast should register on the website...

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First Watch Acquires 21 Franchise Restaurants in North Carolina

Purchase of Largest Franchisee Underscores Long-term Growth StrategyFIRST WATCH ACQUIRES 21 FRANCHISE RESTAURANTS IN NORTH CAROLINAFirst Watch operates more than 520 restaurants in 29 states.BRADENTON, Fla., April 15, 2024 (GLOBE NEWSWIRE) — First Watch Restaurant Group, Inc. (NASDAQ: FWRG) (together with its subsidiaries “First Watch” or the “Company”), the leading Daytime Dining concept serving breakfast, brunch and lunch, today announced the completion of its previously-announced acquisition of 21 of its franchise-owned restaurants and corresponding development rights in North Carolina for an aggregate purchase price of $75 million on a cash-free, debt-free basis. “This acquisition, which represents our largest First Watch franchise acquisition to date, is an important part of our long-term growth and value creation...

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Production report for March 2024

Oslo, 15 April 2024         Feb 2024 March 2024Operated Boepd (1) Bopd (2) Boepd (1) Bopd (2)Colombia 728 526 699 492Argentina 1,419 323 1,584 270Total operated 2,147 850 2,283 762Total equity 1,091 480 1,145 436(1)   Barrels of oil equivalents per day (includes liquid and gas)(2)   Barrels of oil per day (represents only liquids) [boepd]: barrels of oil equivalents per day (includes liquid and gas)[Operated]: 100% field production operated by Interoil[Equity]        : Interoil’s share production net of royalties. Comments Interoil’s total daily average operated production in March increased by 135 boepd compared with February. The increase is mainly coming from fields in Argentina whereas Colombia reduced its operated production. In Argentina, the operated production increased by 165 boepd, as the arrival of some...

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BRP and its Principal Shareholder Announce Bought Deal Secondary Offering

VALCOURT, Quebec, April 15, 2024 (GLOBE NEWSWIRE) — BRP Inc. (TSX:DOO; NASDAQ:DOOO) (“BRP” or the “Company”) announced today that Bain Capital Integral Investors II, L.P. (“Bain” or the “Selling Shareholder”), and the Company have entered into an agreement with BMO Capital Markets to complete a secondary offering on a bought deal basis (the “Offering”). Under the agreement, BMO Capital Markets has agreed to purchase 1,500,000 subordinate voting shares of the Company (the “Subordinate Voting Shares”) at a price to the public of C$92.90 per subordinate voting share. In connection with the Offering, the Company will file a preliminary prospectus supplement to its short form base shelf prospectus dated February 23, 2023. The preliminary prospectus supplement will be filed with the securities regulatory authorities...

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Axalta Named a 2023 General Motors Supplier of the Year

Axalta recognized by General Motors as a top global supplier of 2023Axalta’s Dan Naugle (VP, Mobility Americas), Rob Schnell (VP, Global Product Strategy and Commercial Operations) and Dagan Brush (Global Business Director) along with a GM representative at General Motors’ annual Supplier of the Year recognition event in Miami. PHILADELPHIA, April 15, 2024 (GLOBE NEWSWIRE) — Axalta Coating Systems (NYSE: AXTA), a leading global coatings company, was recognized by General Motors as a top global supplier of 2023 during its annual Supplier of the Year recognition event last week in Miami. In total, 86 suppliers were recognized with a Supplier of the Year award. “We are proud to be recognized by General Motors again as a 2023 Supplier of the Year,” said Hadi Awada, President, Global Mobility Coatings, Axalta. “Through...

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FEMSA Schedules Conference Call to Discuss First Quarter Financial Results

MONTERREY, Mexico, April 15, 2024 (GLOBE NEWSWIRE) — Fomento Económico Mexicano, S.A.B. de C.V. (“FEMSA” or the “Company”) (NYSE: FMX; BMV: FEMSAUBD, FEMSAUB) is pleased to invite you to participate in its First Quarter Conference Call that will be held on: Friday, April 26, 202411:00 AM Eastern Time(9:00 AM Mexico City Time) To participate in the conference call please dial:Toll Free US: (866) 580 3963International: +1 (786) 697 3501Conference ID: FEMSA The quarterly results will be released on April 26 before markets open. The conference call will be webcast live through streaming audio. For details, please visit http://ir.femsa.com. If you are unable to participate live, the conference call replay will be available on http://ir.femsa.com/results.cfm. About FEMSAFEMSA is a company that creates economic and social value through...

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