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Day: November 18, 2024

Ascot Closes US$7.5 Million and C$42 Million in Additional Funding for Restart of the Premier Gold Project

Not for distribution to U.S. news wire services or dissemination in the United States. VANCOUVER, British Columbia, Nov. 18, 2024 (GLOBE NEWSWIRE) — Ascot Resources Ltd. (TSX: AOT; OTCQX: AOTVF) (“Ascot” or the “Company”) is pleased to announce that the Company has closed the previously announced senior secured debt financing and amendments (the “Debt Financing”), including approximately US$7.5 million from Sprott Private Resource Streaming and Royalty (B) Corp, (“Sprott Streaming”). In addition, the Company’s secured creditors, including Sprott Streaming and Nebari Gold Fund 1, LP, Nebari Natural Resources Credit Fund II, LP and Nebari Collateral Agent LLC (together “Nebari”), have extended the waiver and forbearance agreements previously granted until May 31, 2025. Further information is available in the Company’s news releases...

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C3is Inc. reports third quarter and nine months 2024 financial and operating results

ATHENS, Greece, Nov. 18, 2024 (GLOBE NEWSWIRE) — C3is Inc. (Nasdaq: CISS) (the “Company”), a ship-owning company providing dry bulk and tanker seaborne transportation services, announced today its unaudited financial and operating results for the third quarter and nine months ended September 30, 2024. OPERATIONAL AND FINANCIAL HIGHLIGHTSOur handysize dry bulk carriers are on time charters of short term durations, producing steady cash flows, while our Aframax tanker operates in the spot market, currently achieving voyage charter rates of around $48,000 per day.All our handysize dry bulk carriers and our Aframax tanker are unencumbered.Fleet operational utilization of 90.2% for the three months ended September 30, 2024, mainly due to the commercial idle days of the vessel that operated in the spot market, as our vessels...

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Dario Pressimone Joins Edible Garden as Vice President of Digital and E-Commerce

20-year digital marketing veteran brings proven expertise to drive growth and innovation through strategic digital initiatives BELVIDERE, NJ, Nov. 18, 2024 (GLOBE NEWSWIRE) — Edible Garden AG Incorporated (“Edible Garden” or the “Company”) (Nasdaq: EDBL, EDBLW), a leader in controlled environment agriculture (CEA), locally grown, organic, and sustainable produce and products, today announced that Dario Pressimone has joined the Company as Vice President of Digital and E-Commerce. With over 20 years of experience in digital marketing and e-commerce, Dario’s proven ability to drive growth through innovative, data-driven strategies will support Edible Garden’s continued expansion in the digital marketplace. Dario joins Edible Garden with an extensive background leading high-impact digital teams at top-tier retailers and agencies....

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Brad Edgar Joins Stifel as Managing Director and Lead Healthcare Equity Trader

ST. LOUIS, Nov. 18, 2024 (GLOBE NEWSWIRE) — Stifel Financial Corp. (NYSE: SF) today announced the hiring of Brad Edgar as Managing Director and Lead Healthcare Equity Trader. He is based in the firm’s New York office and reports directly to R.J. Grant, Head of Global Equity Trading at Stifel. Mr. Edgar joins Stifel from Seven Grand Managers, where he served as Partner, responsible for all risk execution and trading of the firm’s equity portfolio. He brings more than 20 years of healthcare equity trading experience to his new role, having held the position of Head of Healthcare Equity Trading at firms including BMO, Evercore, and UBS. He began his career in healthcare equity trading at Merrill Lynch. “Brad brings over two decades of experience, successfully leading trading teams and cultivating strong relationships across the healthcare...

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CSW Industrials Updates Share Repurchase Program

DALLAS, Nov. 18, 2024 (GLOBE NEWSWIRE) — CSW Industrials, Inc. (Nasdaq: CSWI) today announced its Board of Directors authorized a new $200 million share repurchase program, which replaces the existing $100 million program. Since the commencement of CSWI’s share repurchase program in 2017, the Company has repurchased approximately 2.0 million shares for a total of $152 million. Joseph B. Armes, CSWI Chairman, Chief Executive Officer, and President commented, “This new $200 million share repurchase program emphasizes the Board’s confidence in CSWI’s strong business model, future growth, and cash generation. Since the Company’s spin-off in 2015, we have returned over $200 million to shareholders through share repurchases and dividends, demonstrating our commitment to enhance long-term shareholder value.” Under the newly authorized...

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Hanmi Bank Opens Korea Representative Office in Seoul’s International Finance Center

LOS ANGELES, Nov. 18, 2024 (GLOBE NEWSWIRE) — Hanmi Financial Corporation (Nasdaq: HAFC) (“Hanmi”), today announced that Hanmi Bank opened its first representative office in Seoul, South Korea, which further enhances the bank’s U.S. Subsidiaries of Korean Companies (“USKC”) business initiative. The new representative office is located within the International Finance Center Seoul (“IFC”) and will allow Hanmi Bank to better reach and support its USKC customer base. This latest effort complements the bank’s existing Korea Desks in Los Angeles, Orange County, San Diego and Silicon Valley in California, and in key cities in New York, New Jersey, Georgia and Texas. “This convenient location in the heart of Seoul’s financial center is an important milestone for our USKC initiative. Foreign direct investment from South Korea into the...

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Allogene Therapeutics Presents Preclinical Data for ALLO-329, an Allogeneic CD19/CD70 Dual CAR T for the Treatment of Autoimmune Disease at the American College of Rheumatology (ACR) Convergence

ALLO-329 Induces Deep, Transient Depletion of CD19+ B Cells and CD70+ T Cells, and Reduction in IgG and IgM without Lymphodepletion in Humanized Murine Models Proprietary Dagger® Technology Enables ALLO-329 to Overcome Rejection and Expand the Presence of Alloreactive T Cells Presented Data Demonstrates that ALLO-329 Could Be Effective in Treating Autoimmune Diseases with Reduced or No Lymphodepleting Chemotherapy ALLO-329 Investigational New Drug (IND) Submission Planned for Q1 2025SOUTH SAN FRANCISCO, Calif., Nov. 18, 2024 (GLOBE NEWSWIRE) — Allogene Therapeutics, Inc. (Nasdaq: ALLO), a clinical-stage biotechnology company pioneering the development of allogeneic CAR T (AlloCAR T™) products for cancer and autoimmune disease, today announced preclinical data for ALLO-329, an investigational allogeneic CD19/CD70 dual...

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Foremost Clean Energy Announces Strategic Engagement with Red Cloud Financial Services

VANCOUVER, British Columbia, Nov. 18, 2024 (GLOBE NEWSWIRE) — Foremost Clean Energy Ltd. (NASDAQ: FMST) (CSE: FAT) (“Foremost” or the “Company”), an emerging North American uranium and lithium exploration company, is pleased to announce today that it has entered into a strategic agreement (the “Agreement”) with Red Cloud Financial Services Inc. (“RCFS” or “Red Cloud“), an arms-length independent contractor, to provide promotional services, including advice on marketing, communications and social media activities. Under the engagement, Red Cloud will be paid a fee of $10,000 per month effective October 14, 2024, for a twelve-month term which automatically renews month-to-month thereafter unless either party provides written notice of termination to the other party thirty (30) days prior to the date of termination. Pursuant...

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ECD Auto Design Announces Addition of Chief Revenue Officer Kevin Kastner

KISSIMMEE, Fla., Nov. 18, 2024 (GLOBE NEWSWIRE) — ECD Automotive Design, Inc. (Nasdaq: ECDA) (“ECA Auto Design” or the “Company”), an industry leader in delivering restored, modified and electrified Land Rover Defenders, Jaguars, Ford Mustangs, and Toyota FJs announced the addition of experienced marketing executive, Kevin Kastner as Chief Revenue Officer (CRO). As CRO, Mr. Kastner will be tasked with driving sales and price point growth through new market channels. He will be responsible for managing all aspects of the revenue stream within the organization, with the aim of meeting or exceeding annual projections. Kevin will help develop our retail strategy that we intend to launch soon. “We are pleased to welcome an experienced marketing and sales executive in the automotive industry like Kevin to ECD to help fill our factory...

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AmpliTech Group’s AmpliTech Inc. Division Secures Initial Purchase Order Under 5-Year Basic Order Agreement With Fortune 1000 U.S. Company

PO Valued At Close To US$1 Million for LNB Products And Engineering Services HAUPPAUGE, N.Y., Nov. 18, 2024 (GLOBE NEWSWIRE) — AmpliTech Group, Inc. (Nasdaq: AMPG, AMPGW), a designer, developer, and manufacturer of state-of-the-art signal processing components for satellite, Public and Private 5G, and other communications networks, including the design of complete 5G/6G systems and a global distributor of packages and lids for integrated circuits assembly, today announced receiving an initial Purchase Order, as part of the recently announced signing of a 5 Year Basic Order Agreement (BOA), with a US based Fortune 1000 Company. This initial Purchase Order, for nearly $1M, includes delivery of LNB (Low-Noise Block Downconverters) products and engineering services. As recently communicated to the public, low-noise block downconverter...

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