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Year: 2024

DIRTT Welcomes Holly Hess Groos to the Board of Directors

CALGARY, Alberta, Nov. 26, 2024 (GLOBE NEWSWIRE) — DIRTT Environmental Solutions Ltd. (“DIRTT” or the “Company”), a leader in industrialized construction, is pleased to announce that Holly Hess Groos is joining the DIRTT Board of Directors effective November 26, 2024 and will also serve as the Chair of the Audit Committee. Effective November 26, 2024, Scott Robinson, current Board Chair and Audit Committee Chair, will step down from his role as Audit Committee Chair. Ms. Groos is a senior financial executive. She retired from Verizon after a 30-year tenure in various leadership roles, including CFO of Verizon Wireless, Head of Internal Audit, SVP Business Excellence, Operational Excellence and Treasurer of Verizon.  “We are thrilled to welcome Holly to our Board of Directors,” said Scott Robinson, Board Chair. “We believe her extensive...

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Cansortium Inc. Completes New Senior Secured Credit Agreement Ahead of Planned Business Combination Closing with RIV Capital

TAMPA, Fla., Nov. 26, 2024 (GLOBE NEWSWIRE) — Cansortium Inc. (CSE: TIUM.U) (OTCQB: CNTMF) (“Cansortium” or the “Company”), a vertically integrated, multi-state cannabis company operating under the FLUENT™ brand, announced today that it has closed on a new senior secured credit agreement (the “Credit Agreement”) of up to $96,500,000 with Chicago Atlantic Admin, LLC (“Chicago Atlantic”), as administrative agent for certain lenders. The Credit Agreement bears a cash interest rate of 12.00% per annum and paid-in-kind (PIK) interest of 1.00% per annum, and is due to mature on November 26, 2028. The Credit Agreement refinances the existing $71,000,000 senior secured term loan that was set to mature May 29, 2025, thereby eliminating the previously disclosed requirement that the Company prepay $10,000,000 upon the consummation...

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YXT.com Reports Unaudited Financial Results for the First Nine Months of 2024

SUZHOU, China, Nov. 27, 2024 (GLOBE NEWSWIRE) — YXT.com Group Holding Limited (NASDAQ: YXT) (“YXT.com” or the “Company”), a leader and disruptor of the digital corporate learning industry in China, today announced its unaudited financial results for the first nine months of 2024 that ended September 30, 2024. First Nine Months 2024 Operating and Financial HighlightsTotal revenues were RMB241.7 million (US$34.4 million), compared with RMB328.8 million in the same period of last year. Gross Margin was 60.4% in the nine months ended September 30, 2024, compared with 59.3% in the same period of last year. Net loss was RMB14.9 million (US$2.1 million), compared with RMB245.3 million in the same period of last year. Number of subscription customers decreased to 2,428 as of September 30, 2024, from 3,039 as of September 30, 2023. After...

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3D Systems Reports Third Quarter 2024 Financial Results

ROCK HILL, S.C., Nov. 26, 2024 (GLOBE NEWSWIRE) — 3D Systems Corporation (NYSE:DDD) announced today its financial results for the third quarter ended September 30, 2024. Third Quarter Highlights (All numbers are unaudited and are presented in millions, except per share amounts or as otherwise noted)Revenue of $112.9 million decreased 9% year-over-year primarily driven by macro weakness in printer sales, partially offset by approximately 10% growth in consumables sales Healthcare Solutions revenue of $55.1 million grew 5% year-over-year, led by strong growth in Dental and Personalized Healthcare solutions Customer interest in 3D printing applications continued to gain momentum, with revenues in the Application Innovation Group (AIG) growing over 26% year-to-date versus prior year across industrial markets Q3’24 gross profit...

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Anders H. Nørgaard resigns as CEO at FirstFarms

FirstFarms hereby announces that CEO Anders H. Nørgaard has resigned from his position with effect from 31 August 2025. Anders H. Nørgaard, together with the rest of the management team, Søren Bredvig and Michael Hyldgaard, will continue to serve as CEO of the company until a new CEO is in place. Anders H. Nørgaard has been CEO since 2012. Anders has made a great effort and has successfully performed a transformation of FirstFarms. FirstFarms is well positioned to continue the growth journey in the ongoing strategy period towards 2028. ”I would like to say a big thank you to Anders for a close and constructive cooperation for almost 13 years, and wish Anders the best of luck with his new job, and on behalf of the board, a big thank you for the great effort, says chairman of the Board Henrik Hougaard. ”I would like to thank the board and...

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Poet Technologies Announces US$25 Million Registered Direct Offering

TORONTO, Nov. 26, 2024 (GLOBE NEWSWIRE) — POET Technologies Inc. (“POET” or the “Corporation“) (TSXV: PTK; NASDAQ: POET), the designer and developer of the POET Optical Interposer™, Photonic Integrated Circuits (PICs) and light sources for the data center, tele-communication and artificial intelligence markets, today announces its intention to complete a registered direct offering pursuant to which the Corporation expects to issue 5,555,556 common shares (the “Common Shares“) and warrants exercisable for 2,777,778 Common Shares (the “Warrant” and, together with the Common Shares, the “Offered Securities“). The combined price of one Common Share and the accompanying Warrant in respect of one-half Common Share will be US$4.50 (or approximately C$6.29), to raise aggregate...

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Freddie Mac Issues Monthly Volume Summary for October 2024

MCLEAN, Va., Nov. 26, 2024 (GLOBE NEWSWIRE) — Freddie Mac (OTCQB: FMCC) today posted to its website its Monthly Volume Summary for October 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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Middlesex Water Announces Retirement of G. Christian Andreasen, Vice President, Enterprise Engineering

G. Christian AndreasenMiddlesex Water Announces Retirement of G. Christian Andreasen, Vice President, Enterprise EngineeringISELIN, N.J., Nov. 26, 2024 (GLOBE NEWSWIRE) — Middlesex Water Company (the “Company” or “Middlesex”), (Nasdaq:MSEX), a provider of water and wastewater and related services primarily in New Jersey and Delaware, today announced that G. Christian Andreasen, Jr., P.E., Vice President, Enterprise Engineering, and President, Pinelands Water and Wastewater Companies will be retiring on January 31, 2025 after a 42-year career with the Company. Andreasen joined Middlesex in 1982 and assumed increasing responsibilities in the areas of planning, engineering, construction and management. Early in his career, Andreasen played a critical role driving projects which helped support the Company’s growth and expansion...

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Paycor to Present at the UBS Global Technology and AI Conference

CINCINNATI, Nov. 26, 2024 (GLOBE NEWSWIRE) — Paycor HCM, Inc. (Nasdaq: PYCR) (“Paycor”), a leading provider of human capital management (HCM) software, today announced that management is scheduled to participate in the UBS Global Technology and AI Conference in Scottsdale, Arizona. The presentation is scheduled for Wednesday, December 4, 2024 at 12:55 pm Mountain Time. The presentation will be webcast live and accessible for replay for a limited time under the “Events & Presentations” section of Paycor’s investor relations website at https://investors.paycor.com/. About Paycor Paycor’s HR, payroll, and talent platform connects leaders to people, data, and expertise. We help leaders drive engagement and retention by giving them tools to coach, develop, and grow employees. We give them unprecedented insights into...

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