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Day: June 25, 2024

Clip Money Inc. Reports Issuance of Options

TORONTO, June 25, 2024 (GLOBE NEWSWIRE) — Clip Money, Inc. (“Clip” or “Company”) (TSXV:CLIP), a company that operates a multi-bank self-service deposit system for businesses, announces the grant of an aggregate of 300,000 options (the “Options”) to acquire common shares of the Company (the “Common Shares”) to directors of the Company to recognize their service to the board of directors of the Company. The Options have a one-year vesting period, an exercise price equal to CDN$0.22, being the trading price of the Common Shares at the close of business on June 24, 2024, and will expire 10 years from the date of the grant. The Options are governed by the terms of the Company’s omnibus equity incentive plan, under which an aggregate of 10,494,753 Common Shares are issuable. Neither the TSXV nor its Regulation Services Provider (as that...

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Early Access to MPLAB® Extensions for VS Code® Provides Designers with the Ability to Utilize Microchip’s Development Tools Inside of the Popular IDE

Extensions are the company’s first steps in a longer-term plan to expand its portfolio and better serve developers working within the VS Code ecosystem CHANDLER, Ariz., June 25, 2024 (GLOBE NEWSWIRE) — Leveraging the versatility of Microsoft® Visual Studio® Code (VS Code®), Microchip Technology (Nasdaq: MCHP) has released an early access version of MPLAB® Extensions for VS Code. This launch provides embedded designers with tools to import projects from MPLAB X Integrated Development Environment (IDE) to VS Code while still accessing Microchip’s debugging and programming support. This initiative is part of Microchip’s long-term strategy to expand its offerings and serve developers working within the VS Code ecosystem. MPLAB X IDE is an expandable, highly configurable software program that incorporates powerful tools to help developers...

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Chemtrade Logistics Income Fund Announces Commencement of Substantial Issuer Bid for All of Its 8.50% Convertible Debentures Due September 30, 2025 and Mailing of Offer to Purchase and Issuer Bid Circular

TORONTO, June 25, 2024 (GLOBE NEWSWIRE) — Chemtrade Logistics Income Fund (TSX: CHE.UN) (“Chemtrade” or the “Fund”) today announced the commencement of its previously announced substantial issuer bid (the “Offer”), under which the Fund is offering to purchase for cancellation up to all of its issued and outstanding 8.50% Convertible Unsecured Subordinated Debentures due September 30, 2025 (the “Debentures”) (CUSIP No. 16387PAK9). The Offer commences today and will expire at 5:00 p.m. Eastern time on July 31, 2024, unless extended, varied or terminated by the Fund. The purchase price under the Offer is $1,300 in cash per $1,000 principal amount of Debentures. In addition, holders of Debentures (each, a “Debentureholder”) who tender and do not withdraw their Debentures under the Offer will receive a cash payment in respect of all...

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Petrus Resources Announces Renewal of Normal Course Issuer Bid

CALGARY, Alberta, June 25, 2024 (GLOBE NEWSWIRE) — Petrus Resources Ltd. (“Petrus“) (TSX: PRQ) is pleased to announce that the Toronto Stock Exchange (the “TSX“) has accepted Petrus’ notice of intention to renew its normal course issuer bid (the “NCIB“). The NCIB allows Petrus to purchase up to 6,218,596 common shares (representing 5% of Petrus’ outstanding common shares as of June 14, 2024) over a period of twelve months commencing on June 28, 2024. On June 14, 2024, Petrus had 124,371,925 common shares outstanding. The NCIB will expire no later than June 27, 2025. Under the NCIB, common shares may be repurchased on the open market through the facilities of the TSX and/or alternative Canadian trading systems and in accordance with the rules of the TSX governing normal course issuer...

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Epsilon Announces an Increased Borrowing Base and Permian Operations Update

HOUSTON, June 25, 2024 (GLOBE NEWSWIRE) — Epsilon Energy Ltd. (“Epsilon” or the “Company”) (NASDAQ: EPSN) today reported the results of a borrowing base redetermination on the Company’s senior secured reserve-based revolving credit facility (the “Credit Facility”) with Frost Bank (the “Lender”). Effective on June 21, 2024, the Lender redetermined the Company’s borrowing base at $45 million, which will remain until the next redetermination in the fourth quarter of 2024. The borrowing base now includes the recently acquired and developed properties in Ector County, Texas. The Lender’s total commitment is equal to the borrowing base amount. All other terms of the Credit Facility remain the same. In Ector County, Texas, the recently completed Ava well, the sixth well drilled in the Pradera Fuego project, started flow-back in mid-May....

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Freddie Mac Issues Monthly Volume Summary for May 2024

MCLEAN, Va., June 25, 2024 (GLOBE NEWSWIRE) — Freddie Mac (OTCQB: FMCC) today posted to its website its Monthly Volume Summary for May 2024, which provides information on Freddie Mac’s mortgage-related portfolios, securities issuance, risk management, delinquencies, debt activities and other investments. Freddie Mac’s mission is to make home possible for families across the nation. We promote liquidity, stability, affordability and equity in the housing market throughout all economic cycles. Since 1970, we have helped tens of millions of families buy, rent or keep their home. Learn More: Website | Consumers | LinkedIn | Facebook| X | Instagram | YouTube MEDIA CONTACT: Fred Solomon703-903-3861Frederick_Solomon@FreddieMac.com INVESTOR CONTACT: Mahesh Lal571-382-3630

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Simon Bates Appointed to DMC Global’s Board of Directors

BROOMFIELD, Colo., June 25, 2024 (GLOBE NEWSWIRE) — DMC Global Inc. (Nasdaq: BOOM) today announced that its board of directors has elected Simon Bates as an independent director. Mr. Bates joins the DMC board with nearly 30 years of leadership experience in the building products industry. He previously was CEO of Argos North America, one of the largest U.S. cement and ready-mix concrete producers, from October 2022 to January 2024, when Argos was sold to Summit Materials. He also served as president, CEO and director of GCP Applied Technologies Inc., from October 2020 to October 2022, when the company was acquired by Saint-Gobain. GCP was a leading global provider of construction products, including high-performance specialty construction chemicals and building materials. From April 2017 to October 2020, Mr. Bates served as president...

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PetVivo Sets Fiscal Fourth Quarter 2024 Conference Call for Friday, June 28 at 5:00 p.m. ET

MINNEAPOLIS, MN, US, June 25, 2024 (GLOBE NEWSWIRE) — PetVivo Holdings, Inc. (OTC: PETV, PETVW), a leading biomedical company delivering innovative therapeutic medical devices for equines and companion animals, will hold a conference call on Friday, June 28, 2024 at 5:00 p.m. Eastern time to discuss results for the fiscal fourth quarter and year ended March 31, 2024. The financial results will be issued in a press release prior to the call. PetVivo management will host the presentation, followed by a question-and-answer period. Date: Friday, June 28, 2024Time: 5:00 p.m. Eastern time (2:00 p.m. Pacific time)Toll-free dial-in number: 1-719-359-4580Conference ID: 845 8120 3778Passcode: 853545Webcast (live and replay): here A replay of the webcast will be available through the same link following the conference call. The conference...

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Worthington Enterprises Reports Fourth Quarter Fiscal 2024 Results

COLUMBUS, Ohio, June 25, 2024 (GLOBE NEWSWIRE) — Worthington Enterprises, Inc. (NYSE: WOR) reported net sales of $318.8 million and a net loss from continuing operations of $31.5 million, or $(0.64) per diluted share, for its fiscal 2024 fourth quarter ended May 31, 2024. This compares to net sales of $368.8 million and net earnings from continuing operations of $50.1 million, or $1.01 per diluted share, in the fourth quarter of fiscal 2023. On a non-GAAP basis, adjusted net earnings from continuing operations totaled $37.5 million for the fourth quarter of fiscal 2024, or $0.74 per diluted share, compared to $59.0 million, or $1.19 per diluted share, in the prior year comparable quarter. Reported results reflect the controlling interest portion of continuing operations and were impacted by certain items, as summarized in the table...

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Progress Announces Second Quarter 2024 Financial Results

Second Quarter Revenues and Earnings Per Share Ahead of GuidanceRaising Full Year Revenue and Earnings Per Share Outlook BURLINGTON, Mass., June 25, 2024 (GLOBE NEWSWIRE) — Progress (Nasdaq: PRGS), the trusted provider of AI-powered infrastructure software, today announced financial results for its fiscal second quarter ended May 31, 2024. Second Quarter 2024 Highlights1:Revenue and non-GAAP revenue of $175 million decreased 2% year-over-year on both an actual and a constant currency basis. Annualized Recurring Revenue (“ARR”) of $579 million increased 1% year-over-year on a constant currency basis. Operating margin was 16% and non-GAAP operating margin was 38%. Diluted earnings per share was $0.37 compared to $0.27 in the same quarter last year, an increase of 37%.  Non-GAAP diluted earnings per share was $1.09 compared to $1.06...

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