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Month: July 2024

Patagonia Gold Announces Increase to Loan Facility

VANCOUVER, British Columbia, July 26, 2024 (GLOBE NEWSWIRE) — Patagonia Gold Corp. (“Patagonia” or the “Company”) (TSXV: PGDC) announces it has entered into an agreement with Cantomi Uruguay S.A. (“Cantomi”) to increase the maximum aggregate amount of the Cantomi Loan (as defined below). The original loan facility, which Cantomi provided in February 2019 for US$15 million was subsequently amended and further increased to US$33 million with a maturity date of December 31, 2025 (as amended, the “Cantomi Loan”). The agreement amending the Cantomi Loan provides that the maximum aggregate amount of the Cantomi Loan is increased to US$35 million. The funds from the increased Cantomi Loan will be used to refinance existing lines of credit to reduce interest costs and for general working capital purposes. Other than the amendment to increase...

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Globex Mining Enterprises Inc. Announces Renewal of Normal Course Issuer Bid

ROUYN-NORANDA, Quebec, July 26, 2024 (GLOBE NEWSWIRE) — GLOBEX MINING ENTERPRISES INC. (GMX – Toronto Stock Exchange, G1MN – Frankfurt, Stuttgart, Berlin, Munich, Tradegate, Lang & Schwarz, LS Exchange, TTMzero, Düsseldorf and Quotrix Düsseldorf Stock Exchanges and GLBXF – OTCQX International in the US) is pleased to announce that the Toronto Stock Exchange (“TSX”) has approved the renewal of Globex’s normal course issuer bid (“NCIB”). Under the renewed NCIB, Globex will be entitled to repurchase for cancellation up to 1,000,000 common shares, representing approximately 1.78% of Globex’s issued and outstanding shares as of July 19, 2024, over a twelve-month period starting on August 2, 2024 and ending on August 1, 2025. The purchases by Globex will be effected through the facilities of the TSX and on alternative trading systems...

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Atlanticus Closes $60 Million Principal Amount of 9.25% Senior Notes Due 2029 in Add-On Offering

ATLANTA, July 26, 2024 (GLOBE NEWSWIRE) — Atlanticus Holdings Corporation (NASDAQ: ATLC) (“Atlanticus,” “the Company”, “we,” “our” or “us”), a financial technology company that enables its bank, retail and healthcare partners to offer more inclusive financial services to millions of everyday Americans, today announced the closing of its previously-announced underwritten registered public add-on offering of its 9.25% Senior Notes due 2029 (the “Additional Notes”). The Company consummated the issuance and sale of a total of $60 million aggregate principal amount of the Additional Notes (the “Offering”), which included $55 million principal amount offered plus $5 million principal amount upon exercise of the underwriters’ option. The Offering resulted in net proceeds of approximately $56.5 million after deducting underwriting discounts,...

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Premier American Uranium Outlines Multiple Targets for Expansion Drilling at the Cebolleta Project, New Mexico

TORONTO, July 26, 2024 (GLOBE NEWSWIRE) — Premier American Uranium Inc. (“PUR”, the “Company” or “Premier American Uranium”) (TSXV: PUR) (OTCQB: PAUIF) is pleased to outline targets as part of its exploration growth plans at the Company’s flagship Cebolleta Project (“Cebolleta” or the “Project”) located in the Grants Mineral Belt in New Mexico. Uranium mineralization at PUR’s Cebolleta project are the northern extension of the Jackpile-Paguate trend of uranium deposits, which is one of the largest sandstone-hosted uranium endowments in the world.1,2 Collectively, the mines of the Laguna mining district produced more than 100 million pounds of U3O8 from the Jackpile-Paguate trend during the period from 1951 to 1983, as documented by geologists of the New Mexico Bureau of Geology and Mineral Resources and the US Department of Energy.2...

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Western Forest Products Amends and Extends $250 Million Credit Facility

VANCOUVER, British Columbia, July 26, 2024 (GLOBE NEWSWIRE) — Western Forest Products Inc. (TSX: WEF) (“Western” or the “Company”) announced today the amendment and extension of its current $250 million syndicated credit facility. The maturity date of the credit facility has been extended to July 21, 2026. The credit facility is subject to certain financial covenants and the security provided thereunder remains unchanged. A copy of the amended credit facility agreement will be filed under the Company’s profile on SEDAR+ at www.sedarplus.ca. About Western Forest Products Inc. Western is an integrated forest products company building a margin-focused log and lumber business to compete successfully in global softwood markets. With operations and employees located primarily on the coast of British Columbia and Washington State, Western...

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Dividend Growth Split Corp. Announces Preferred Share Distribution Rate

TORONTO, July 26, 2024 (GLOBE NEWSWIRE) — (TSX: DGS, DGS.PR.A) Dividend Growth Split Corp. (the “Fund”) announces that the preferred share (the “Preferred Shares”) distribution rate for the next term from September 28, 2024 to August 30, 2029 will be $0.675 per Preferred Share per annum (6.75% on the par value of $10.00) payable quarterly. This represents a pre-tax interest equivalent yield of 8.8% per annum.(1) The Preferred Share distribution rate is based on current market rates for preferred shares with similar terms. The term extension offers preferred shareholders the opportunity to continue enjoying preferential cash dividends until August 30, 2029. Over the past 10-year period to June 30, 2024, the Preferred Share has delivered a 5.5% per annum return(2). The Preferred Share has delivered consistent returns over various...

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RBAZ Bancorp, Inc. Announces Unaudited Financial Results For the Quarter Ending June 30, 2024

Mid-Year 2024; Earnings up 57% YoY PHOENIX, July 26, 2024 (GLOBE NEWSWIRE) — RBAZ Bancorp, Inc. (OTCIQ: RBAZ) (the “Company”), parent company of Republic Bank of Arizona (the “Bank” or “RBAZ”), announced a consolidated net income of $893,000, or $0.50 per share, for the quarter ended June 30, 2024 and $1,607,000, or $0.90 per share, for the six months ended June 30, 2024 as compared to a consolidated net income of $561,000, or $0.31 per share, for the quarter ended June 30, 2023 and $1,023,000, or $0.57 per share, for the six months ended June 30, 2023. President and CEO Brian Ruisinger stated, “I am pleased with our strong Q2 earnings performance reflecting an increase of 60% from a year ago primarily due to increased net interest income. Loan growth in Q2 came back to positive year-to-date overcoming loan payoffs in Q1. Additionally,...

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Credit Acceptance Announces Timing of Second Quarter 2024 Results and Webcast

Southfield, Michigan , July 26, 2024 (GLOBE NEWSWIRE) — Credit Acceptance Corporation (Nasdaq: CACC) (referred to as the “Company”, “Credit Acceptance”, “we”, “our”, or “us”) announced today that we expect to issue a news release with our second quarter 2024 results on Wednesday, July 31, 2024, after the market closes. A webcast is scheduled for Wednesday, July 31, 2024, at 5:00 p.m. Eastern Time to discuss second quarter 2024 results.   Conference Call and Webcast Information:Date: Wednesday, July 31, 2024Time: 5:00 p.m. Eastern Time Telephone Access:  Only persons accessing the webcast by telephone will be able to pose questions to the presenters during the webcast. To participate by telephone, you must pre-register using the following link: https://register.vevent.com/register/BI8258b828890041daa2269f25146731ec or through the...

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Paul Mueller Company Announces Its Second Quarter Earnings of 2024

SPRINGFIELD, Mo., July 26, 2024 (GLOBE NEWSWIRE) — Paul Mueller Company (OTC Pink: MUEL) (the “Company”) announces its second-quarter earnings of 2024.                                                    PAUL MUELLER COMPANYSIX-MONTH REPORTUnaudited(In thousands)CONSOLIDATED STATEMENTS OF INCOME                                 Three Months Ended   Six Months Ended   Twelve Months Ended      June 30   June 30   June 30      2024   2023   2024   2023   2024   2023                           Net Sales   $ 65,670     $ 59,931     $ 116,026     $ 116,282     $ 228,900     $ 221,050  Cost of Sales     45,871       41,379       80,431       80,933       158,123       165,816  Gross Profit   $ 19,799     $ 18,552     $ 35,595     $ 35,349     $ 70,777     $ 55,234  Selling, General and Administrative...

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APPlife Digital Solutions, Inc. Terminates Acquisition

SAN FRANCISCO, July 26, 2024 (GLOBE NEWSWIRE) — APPlife Digital Solutions Inc. (OTCQB: ALDS) (“ALDS”), a business incubator and portfolio manager that invests in and creates e-commerce and cloud-based solutions, announced today that it has terminated its planned acquisition of a solar energy business. “APPlife has already begun due diligence discussions with other potential acquisitions, mergers, and business combinations, focusing on operational sustainability and building long-term shareholder value,” stated Matthew Reid, CEO of APPlife Digital Solutions. ABOUT APPLIFE DIGITAL SOLUTIONS INC.APPlife Digital Solutions (OTCQB: ALDS) creates, invests, and builds e-commerce and cloud-based solutions for work, home, recreation, and research. Through its portfolio companies, APPlife develops life solutions for everyday issues and needs....

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