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Month: July 2024

FuelPositive: Completes On-Farm Commissioning of the First Scalable Green Ammonia Production System and Announces New Manitoba-Based Partnerships

WINNIPEG, Manitoba, July 19, 2024 (GLOBE NEWSWIRE) — FuelPositive Corporation (TSX.V: NHHH) (OTCQB: NHHHF) (the “Company”) is thrilled to announce the completion of on-farm commissioning of its first scalable Green Ammonia production system.  Francisco Mora, FuelPositive’s Lead Chemical Engineer, commented, “We are excited to unveil our technology to the world and initiate the production of Green Ammonia. We are virtually ready to activate our system and produce ammonia. Our only setback during commissioning has been related to two on-the-ground certifications specific to Manitoba, which are required before turning the system on fully.” Ian Clifford, Co-Founder and CEO, explained further, “We are excited and prepared to activate ammonia production in our first on-farm system and demonstrate our groundbreaking technology to...

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Dime Announces New Westchester Branch

HAUPPAUGE, N.Y., July 19, 2024 (GLOBE NEWSWIRE) — Dime Community Bancshares, Inc. (NASDAQ: DCOM) (the “Company” or “Dime”), the parent company of Dime Community Bank (the “Bank”) announced that it has received regulatory approval from the New York State Department of Financial Services and the Federal Reserve Bank of New York for its application to open a location in Westchester County, at 55 Church Street in White Plains. Stuart H. Lubow, President and Chief Executive Officer of Dime said “We are excited to announce the approval of our application for a new branch in White Plains. Our expansion into Westchester County is an important and logical next step in our growth plan. The ability to grow our footprint and serve customers in Westchester County is a tribute to Dime’s strength and stability for over 160 years. Our team in...

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Katherine Lauderdale Appointed to Professional Diversity Network, Inc.’s Board of Directors

CHICAGO, July 19, 2024 (GLOBE NEWSWIRE) — Professional Diversity Network, Inc. (NASDAQ: IPDN) (“PDN” or the “Company”), a developer and operator of online and in-person networks that provide access to networking, training, educational, and employment opportunities for diverse individuals, today announced that the Board of Directors of the Company (the “Board”) unanimously appointed Katherine Lauderdale as a member of the Board, the Chair of the Compensation Committee and a member of the Nominating and Corporate Governance Committee effective August 1, 2024.Ms. Lauderdale has served as Chief Legal Officer and Corporate Secretary of Public Broadcasting Service (PBS), a 501(c)(3) not-for-profit organization, since 2016. In this role, she oversees PBS’s Legal, Business Affairs, and Standards & Practices departments as well as...

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Altamira Therapeutics Announces Publication of Preclinical Data Showing Successful Treatment of Abdominal Aortic Aneurysm with SOD2 mRNA Delivered by SemaPhore Nanoparticles

Hamilton, Bermuda, July 19, 2024 (GLOBE NEWSWIRE) —Study shows significant reduction in aorta dilation, delayed rupture and lower mortality in established animal model of abdominal aortic aneurysm Altamira’s SemaPhore™ nanoparticles delivering SOD2 mRNA successfully to mitochondria in aorta wall Positive outcomes suggest potential use of treatment in management of small abdominal aortic aneurysm and prevention of ruptures    Altamira Therapeutics Ltd. (“Altamira” or the “Company”) (Nasdaq:CYTO), a company dedicated to developing and commercializing RNA delivery technology for targets beyond the liver, today announced the preprint publication of a  study demonstrating effective treatment of abdominal aortic aneurysm (AAA) in an animal model.1 The study was conducted by a research group from Washington University, St....

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Probiotics Market to Reach USD 119.88 Billion by 2031, Growing at 7.5% CAGR | SkyQuest Technology

Westford, USA, July 19, 2024 (GLOBE NEWSWIRE) — SkyQuest projects that the Probiotics Market will attain a value of USD 119.88 billion by 2031, with a CAGR of 7.5% over the forecast period (2024-2031). Growing health consciousness and rising awareness regarding the benefits of probiotics consumption are projected to bolster market growth. The development of personalized probiotics is forecasted to create a new business scope for all probiotics providers in the long run. Rising investments in probiotics research and development of novel probiotics products is also estimated to bolster market development going forward. Download a detailed overview:https://www.skyquestt.com/sample-request/probiotics-market Browse in-depth TOC on “Probiotics Market” Pages – 198 Tables – 117 Figures – 77Probiotics Market...

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Endeavor Bancorp Reports Pretax Income of $1.1 million for the Second Quarter of 2024; Results Highlighted by Substantial Loan Growth and Net Interest Margin Expansion

SAN DIEGO, July 19, 2024 (GLOBE NEWSWIRE) — Endeavor Bancorp (OTCQX: EDVR) (the “Company,” or “Bancorp”), the holding company for Endeavor Bank (the “Bank”), today reported net income of $760,000, or $0.18 per diluted share, for the second quarter of 2024, compared to net income of $407,000, or $0.10 per diluted share, for the first quarter of 2024, and $900,000, or $0.22 per diluted share, for the second quarter of 2023. Pretax net income was $1.1 million in the second quarter compared to $591,000 in the preceding quarter. All financial results are unaudited. Results for the second quarter of 2024 included a $451,000 provision for credit losses, compared to a $450,000 provision for credit losses in the first quarter of 2024, and a $272,000 provision for credit losses in the second quarter of 2023. The increase in the provision...

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Acme United Reports 29% Increase in Net Income for Second Quarter of 2024

SHELTON, Conn., July 19, 2024 (GLOBE NEWSWIRE) — Acme United Corporation (NYSE American: ACU) today announced that net sales for the quarter ended June 30, 2024 were $55.4 million compared to $53.3 million in the second quarter of 2023, an increase of 4%. Excluding the impact of the Camillus and Cuda hunting and fishing product lines sold on November 1, 2023, net sales for the second quarter of 2024 increased 8% compared to the second quarter of 2023. Net sales for the six months ended June 30, 2024 were $100.4 million, compared to $99.2 million in the same period in 2023, an increase of 1%. Excluding Camillus and Cuda, net sales for the six months increased 5% compared to the same period in 2023. Net income was $4.5 million, or $1.09 per diluted share, for the quarter ended June 30, 2024, compared to $3.4 million, or $0.96 per...

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Grayscale Investments® Announces Record Date and Distribution Date for Grayscale Bitcoin Trust (Ticker: GBTC) Shareholders

STAMFORD, Conn., July 19, 2024 (GLOBE NEWSWIRE) — Grayscale Investments®, the world’s largest crypto asset manager*, offering more than 20 crypto investment products, today announced that it has set a record date of July 30, 2024 (the “Record Date”) for the initial creation and distribution of shares of Grayscale Bitcoin Mini Trust (the “BTC Trust”) to shareholders of Grayscale Bitcoin Trust (Ticker: GBTC) (“GBTC”) (referred to as the “Initial Distribution”). Grayscale intends to list the BTC Trust on NYSE Arca, subject to required regulatory approvals, under the ticker symbol “BTC.” GBTC is not a fund registered under the Investment Company Act of 1940 and is not subject to regulation under the Investment Company Act of 1940, unlike most mutual funds or ETFs. As part of the contemplated Initial Distribution, each holder of shares...

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Lion One Announces Upsize of Brokered Private Placement to $10 Million

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR RELEASE, PUBLICATION, DISTRIBUTION OR DISSEMINATION DIRECTLY, OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES NORTH VANCOUVER, British Columbia, July 19, 2024 (GLOBE NEWSWIRE) — Lion One Metals Limited (TSX-V: LIO) (OTCQX: LOMLF) (ASX: LLO) (“Lion One” or the “Company”) is pleased to announce that it has entered into an amended agreement with Eight Capital as lead agent (the “Agent”), to upsize the previously announced private placement. In connection with the upsized offering, the Company will issue up to 27,027,027 units of the Company (the “Units”) at a price of $0.37 per Unit (the “Issue Price”) for aggregate gross proceeds of up to $10,000,000 pursuant to the listed issuer financing exemption available under National Instrument 45-106 – Prospectus Exemptions...

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INNOVATE Corp. Announces 1-for-10 Reverse Stock Split of the Company’s Common Stock

NEW YORK, July 19, 2024 (GLOBE NEWSWIRE) — INNOVATE Corp. (“INNOVATE” or the “Company”) (NYSE: VATE), a diversified holding company, announced today that its Board of Directors has approved a 1-for-10 reverse stock split of the Company’s common stock, par value $0.001 per share (the “Common Stock”). The reverse stock split will become effective at 5:00 p.m. Eastern Time on August 2, 2024, after close of trading on the New York Stock Exchange (“NYSE”). The Company’s Common Stock is expected to commence trading on a split-adjusted basis when the markets open on August 5, 2024, under the existing trading symbol “VATE.” The primary goal of the reverse stock split is to increase the per share market price of the Company’s Common Stock to meet the minimum per share bid price requirement for continued listing on the NYSE. The reverse...

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