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Day: September 4, 2024

Fireweed Increases Mineral Resources at the Macpass Project Including an Inaugural Resource for Boundary Zone

VANCOUVER, British Columbia, Sept. 04, 2024 (GLOBE NEWSWIRE) — Fireweed Metals Corp. (“Fireweed” or the “Company”) (TSXV: FWZ; OTCQX: FWEDF) is pleased to announce the updated Mineral Resource Estimate (“MRE”) for the Tom and Jason deposits, as well as the inaugural resource estimates for the Boundary Zone and End Zone deposits at the Macmillan Pass Project (“Macpass”). The MRE was prepared by SLR Consulting (Canada) Ltd. in accordance with Canadian Institute of Mining and Metallurgy and Petroleum (“CIM”) definitions, as required under National Instrument 43-101 (“NI 43-101”). Peter Hemstead (Interim CEO) commented, “The delivery of the updated Mineral Resource Estimate for the Macpass project marks another key milestone in demonstrating the exploration potential of the Macpass district. The team has increased the contained zinc...

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Grupo Aeroportuario del Pacifico Reports in August 2024 a Passenger Traffic Decrease of 7.2% Compared to 2023

GUADALAJARA, Mexico, Sept. 04, 2024 (GLOBE NEWSWIRE) — Grupo Aeroportuario del Pacífico, S.A.B. de C.V., (NYSE: PAC; BMV: GAP) (“the Company” or “GAP”) announces preliminary terminal passenger traffic figures for August 2024, compared with August 2023. For August 2024, the total number of terminal passengers at GAP’s 12 Mexican airports decreased by 7.4%, compared to August 2023. Los Cabos, Tijuana, Puerto Vallarta and Guadalajara airports presented a decrease in passenger traffic of 11.1%, 8.4%, 5.9% and 3.4%, respectively, compared to August 2023. On the other hand, Montego Bay presented a decrease in passenger traffic of 9.4%. Domestic Terminal Passengers (in thousands):Airport Aug-23 Aug-24 % Change Jan- Aug 23 Jan- Aug 23 % ChangeGuadalajara 1,148.8 1,050.5 (8.6%) 8,418.6 7,802.1 (7.3%)Tijuana* 882.0 780.2 (11.5%) 6,030.0 5,627.4 (6.7%)Los...

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Kayne Anderson Energy Infrastructure Fund Provides Unaudited Balance Sheet Information and Announces Its Net Asset Value and Asset Coverage Ratios at August 31, 2024

HOUSTON, Sept. 04, 2024 (GLOBE NEWSWIRE) — Kayne Anderson Energy Infrastructure Fund, Inc. (the “Company”) (NYSE: KYN) today provided a summary unaudited statement of assets and liabilities and announced its net asset value and asset coverage ratios under the Investment Company Act of 1940 (the “1940 Act”) as of August 31, 2024. As of August 31, 2024, the Company’s net assets were $2.1 billion, and its net asset value per share was $12.60. As of August 31, 2024, the Company’s asset coverage ratio under the 1940 Act with respect to senior securities representing indebtedness was 625% and the Company’s asset coverage ratio under the 1940 Act with respect to total leverage (debt and preferred stock) was 462%. STATEMENT OF ASSETS AND LIABILITIESAUGUST 31, 2024  // (UNAUDITED)     (in millions)  Investments   $ 2,977.4    Cash...

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Verizon increases dividend for 18th consecutive year

NEW YORK, Sept. 04, 2024 (GLOBE NEWSWIRE) — The Board of Directors at Verizon Communications Inc. (NYSE, Nasdaq: VZ) today declared a quarterly dividend of 67.75 cents per outstanding share, an increase of 1.25 cents per share from the previous quarter. The quarterly dividend is payable on November 1, 2024, to Verizon shareholders of record at the close of business on October 10, 2024. This is the 18th consecutive year Verizon’s Board has approved a quarterly dividend increase. “Our strong focus on three key pillars – wireless service revenue growth, adjusted EBITDA expansion, and free cash flow generation – has once again put the Board in a position to raise the dividend,” said Chairman and CEO Hans Vestberg. “This unwavering commitment to our strategic priorities, combined with our consistently disciplined financial...

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OHA is Administrative Agent and Sole Lender for Emergent BioSolutions Debt Refinancing

New York, New York, Sept. 04, 2024 (GLOBE NEWSWIRE) — Oak Hill Advisors (“OHA”) served as Administrative Agent and sole lender of a $250 million term loan facility supporting Emergent BioSolutions Inc. (“Emergent”) (NYSE: EBS), a global company providing life-saving and life-extending products that address public health threats. The new debt financing will refinance Emergent’s existing credit facility, reaching a significant step in its multi-year plan to stabilize its financial profile. In connection with the execution of the term loan, Emergent issued OHA 2.5 million warrants in addition to common stock with an aggregate value of $10 million. Both the number of shares and the warrant strike prices will be calculated based on the volume weighted average price per share for the 30 trading days ending on, but excluding, the 10th...

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Clear Blue Technologies Participating on Artificial Intelligence Panel at TowerXchange Meetup Africa 2024

Company also announces extension to close of second tranche of Private Placement TORONTO, Sept. 04, 2024 (GLOBE NEWSWIRE) — Clear Blue Technologies International Inc. (TSXV: CBLU) (FRANKFURT: OYA), the Smart Off-Grid™ Company, announces that CEO Miriam Tuerk will host and present on the AI/Analytics panel at the upcoming TowerXchange Meetup Africa 2024 conference. The conference is scheduled for September 10 and 11 in Nairobi, Kenya. Panel discussion to focus on tangible improvements digital infrastructure owners are generating from the application of better monitoring, analytics, automation and Artificial Intelligence (AI) /Machine Learning (ML). “With over 50% of Africa lacking mobile connectivity, tower companies have a major role to close the continent’s infrastructure gap,” said Ms. Tuerk. “Artificial Intelligence and...

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Kinross to provide an update on the Great Bear project

TORONTO, Sept. 04, 2024 (GLOBE NEWSWIRE) — Kinross Gold Corporation (TSX:K; NYSE:KGC) (“Kinross”) will release its Preliminary Economic Assessment for Great Bear followed by a virtual presentation and question and answer session on Tuesday, September 10, 2024 at 9 a.m. EDT. The presentation will be accessible via audio webcast on www.kinross.com, where it will be archived. Great Bear Technical Presentation details To access the call, please dial: Webcast Link: https://meetings.lumiconnect.com/400-478-546-594 Canada & US toll-free: 1-866-613-0812Outside of Canada & US: 647-694-2812 Replay (available 30 days after the call): Canada & US toll-free: 1 (877) 454-9859 Outside of Canada & US: (647) 483-1416 Passcode: 4887947 You may also access the conference call on a listen-only basis via webcast at our website...

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Water Ways Reports Q2 2024 Financial Results

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES TORONTO, Sept. 04, 2024 (GLOBE NEWSWIRE) — Water Ways Technologies Inc. (TSXV: WWT) (FRA: WWT) (“Water Ways” or the “Company“), a global provider of Israeli-based agriculture technology, providing water irrigation solutions to agricultural producers, announces the filing of its Interim Financial Statements (the “Statements“) and Managements Discussion and Analysis (the “MD&A“) for the three months period ended June 30, 2024. A comprehensive discussion of Water Ways’ financial position and results of operations is provided in the MD&A, filed on SEDAR (www.sedarplus.ca) Mr. Ohad Haber, CEO and Chairman of the Board of Water Ways states: “The second quarter of 2024 shows a continuation...

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Major Drilling Announces First Quarter 2025 Results

MONCTON, New Brunswick, Sept. 04, 2024 (GLOBE NEWSWIRE) — Major Drilling Group International Inc. (“Major Drilling” or the “Company”) (TSX: MDI), a leading provider of specialized drilling services to the mining sector, today reported results for the first quarter of fiscal 2025, ended July 31, 2024.  Quarterly Highlights:Revenue of $190.0 million, an increase of 13.1% from revenue reported in Q4 of fiscal 2024, down 4.5% compared to the same period last year. Revenue from seniors and intermediates up 7% year-over-year, while junior funding remains limited. EBITDA(1) of $34.3 million (or $0.42 per share), down from $40.3 million for the same period last year. Net earnings of $15.9 million (or $0.19 per share), down from $21.8 million (or $0.26 per share) for the same period last year. $15 million strategic investment in technology...

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17 Education & Technology Group Inc. Announces Second Quarter 2024 Unaudited Financial Results

BEIJING, Sept. 05, 2024 (GLOBE NEWSWIRE) — 17 Education & Technology Group Inc. (NASDAQ: YQ) (“17EdTech” or the “Company”), a leading education technology company in China, today announced its unaudited financial results for the second quarter of 2024. Second Quarter 2024 Highlights1Net revenues were RMB67.5 million (US$9.3 million), compared with net revenues of RMB69.2 million in the second quarter of 2023. Gross margin was 16.0%, compared with 48.3% in the second quarter of 2023. Net loss was RMB55.7 million (US$7.7 million), compared with net loss of RMB47.9 million in the second quarter of 2023. Net loss as a percentage of net revenues was negative 82.5% in the second quarter of 2024, compared with negative 69.2% in the second quarter of 2023. Adjusted net loss2 (non-GAAP), which excluded share-based compensation expenses...

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