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Day: February 13, 2025

GCL and RF Acquisition Corp. Complete Business Combination, GCL to Commence Trading on Nasdaq Under Ticker “GCL” and Announces Bell Ringing to Commemorate Listing

GCL and RF Acquisition Corp. Have Closed the Business Combination on February 13, 2025 GCL’s Ordinary Shares and Warrants Will Begin Trading on Nasdaq on February 14, 2025, Under Ticker Symbols “GCL” and “GCLWW,” Respectively GCL to Ring the Closing Bell at Nasdaq on Friday, February 14, 2025SINGAPORE, Feb. 13, 2025 (GLOBE NEWSWIRE) — GCL Global Limited (“GCL” or the “Company”), a leading provider of games and entertainment content based in Asia, today announced the successful completion of its business combination (the “Business Combination”) with RF Acquisition Corp. (Nasdaq: RFAC) (“RFAC”), a special purpose acquisition company, resulting in each of GCL and RFAC becoming a wholly-owned subsidiary of GCL Global Holdings Ltd. (“GCL Group” or the “Combined Company”). On February 14, 2025, GCL Group’s ordinary shares will commence...

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CAPREIT Reports Fourth Quarter and Year End 2024 Results

TORONTO, Feb. 13, 2025 (GLOBE NEWSWIRE) — Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX: CAR.UN) announced today strong operating and financial results for the three months and year ended December 31, 2024. Management will host a conference call to discuss the financial results on Friday, February 14, 2025 at 9:00 a.m. ET. HIGHLIGHTSAs at   December 31, 2024     December 31, 2023  Total Portfolio Performance and Other Measures            Number of suites and sites(1)           48,696             64,260  Investment properties fair value(2) (000s) $         14,868,362   $         16,532,096  Assets held for sale (000s) $         307,460   $         45,850  Occupied AMR(1)(3)    Canadian Residential Portfolio(4) $         1,636   $         1,516  The Netherlands Portfolio € 1,222   € 1,063  Occupancy(1)    Canadian...

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GINSMS Announces Financial Results for the Three and Twelve Months Ended December 31, 2024 and Provides Financial Forecasts for Year 2025

CALGARY, Alberta, Feb. 13, 2025 (GLOBE NEWSWIRE) — GINSMS Inc. (TSXV: GOK) (“GINSMS” or the “Corporation”) has announced its financial results for the fourth quarter and twelve months ended December 31, 2024. The annual audited financial statements of the Corporation for the twelve months ended December 31, 2024 are currently under audit and in the process of preparation. As required under Canadian securities law regulations, the Corporation will be disclosing and filing on SEDAR its annual audited financial statements and the related management’s discussion and analysis (“MD&A”) within 120 days after the end of its year end of December 31, 2024. This financial disclosure was done in advance of the filing of the audited financial statements of the Corporation to allow GINSMS’ ultimate holding company, Beat Holdings Limited...

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Alamos Gold Announces Development Plan for High-Return Burnt Timber and Linkwood Satellite Deposits

Burnt Timber and Linkwood to significantly extend mine life of Lynn Lake project and enhance economics given low-capital and high after-tax Internal Rate of Return of 54% All amounts are in United States dollars, unless otherwise stated. TORONTO, Feb. 13, 2025 (GLOBE NEWSWIRE) — Alamos Gold Inc. (TSX:AGI; NYSE:AGI) (“Alamos” or the “Company”) today reported positive results of an internal economic study completed on its Burnt Timber and Linkwood satellite deposits located in proximity to the Lynn Lake project in Manitoba, Canada. In August 2023, an Updated Feasibility Study (“2023 Study”) was released on the Lynn Lake project outlining a long-life, low-cost project in Canada with attractive economics. The 2023 Study was based only on the Gordon and MacLellan deposits which are to be mined over the first 11 years, with the processing...

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Interfor Reports Q4’24 Results

Adjusted EBITDA of $80 million and Net Loss of $50 million BURNABY, British Columbia, Feb. 13, 2025 (GLOBE NEWSWIRE) — INTERFOR CORPORATION (“Interfor” or the “Company”) (TSX: IFP) recorded a Net loss in Q4’24 of $49.9 million, or $0.97 per share, compared to a Net loss of $105.7 million, or $2.05 per share in Q3’24 and a Net loss of $169.0 million, or $3.29 per share in Q4’23. Adjusted EBITDA was $80.4 million on sales of $746.5 million in Q4’24 versus an Adjusted EBITDA loss of $22.0 million on sales of $692.7 million in Q3’24 and an Adjusted EBITDA loss of $51.4 million on sales of $785.9 million in Q4’23. Notable items:Improved Lumber PricesLumber prices increased during Q4’24 as reflected in Interfor’s average selling price of $659 per mfbm, up $89 per mfbm versus Q3’24. Lumber prices strengthened from the effects of market-driven...

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GoHealth to Announce Fourth Quarter 2024 Results on February 27, 2025

CHICAGO, Feb. 13, 2025 (GLOBE NEWSWIRE) — GoHealth, Inc. (GoHealth) (NASDAQ: GOCO), a leading health insurance marketplace and Medicare-focused digital health company, announced that the company will release its fourth quarter 2024 financial results on the morning of February 27, 2025. Chief Executive Officer, Vijay Kotte, and Chief Financial Officer, Brendan Shanahan, will host a conference call and live audio webcast on the day of the release at 8:00 a.m. (ET) to discuss the results. A live audio webcast of the conference call will be available via GoHealth’s Investor Relations website, https://investors.gohealth.com/. A replay of the call will be available via webcast for on-demand listening shortly after the completion of the call. About GoHealth, Inc. GoHealth is a leading health insurance marketplace and Medicare-focused...

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Shattuck Labs Announces Oral Presentation at Upcoming 20th Congress of European Crohn’s and Colitis Organization (ECCO) in Inflammatory Bowel Diseases 2025

AUSTIN, TX & DURHAM, NC, Feb. 13, 2025 (GLOBE NEWSWIRE) — Shattuck Labs, Inc. (Shattuck) (NASDAQ: STTK), a biotechnology company pioneering the development of novel therapeutics targeting tumor necrosis factor (TNF) superfamily receptors for the treatment of patients with inflammatory and immune-related diseases, today announced an upcoming oral presentation at the 20th Congress of ECCO in Inflammatory Bowel Diseases 2025 being held in Berlin, Germany from February 19–22, 2025. This presentation will feature results from the IND-enabling toxicology studies of SL-325, a first-in-class DR3 blocking antibody, in non-human primates. Presentation Details:Title: Pre-Clinical Development of SL-325, a High Affinity DR3 Blocking Antibody, for Durable Blockade of the DR3/TL1A Axis in Inflammatory Bowel Disease Presenter: Dr. Taylor...

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Precision Optics Reports Second Quarter Fiscal Year 2025 Financial Results

Conference Call Scheduled for today, February 13, 2025, at 5:00pm ET. GARDNER, Mass., Feb. 13, 2025 (GLOBE NEWSWIRE) — Precision Optics Corporation, Inc. (NASDAQ: POCI), a leading designer and manufacturer of advanced optical instruments for the medical and defense/aerospace industries, announced operating results on an unaudited basis for its second quarter fiscal year 2025 for the period ended December 31, 2024. Q2 2025 Financial Highlights (3 Months Ended December 31, 2024):Revenue was $4.5 million compared to $4.8 million in the same quarter of the previous fiscal year and an 8 percent improvement compared to $4.2 million in the most recent sequential quarter. Production revenue was $3.3 million compared to $2.6 million in the same quarter of the previous fiscal year and a 42 percent improvement compared to $2.3 million in...

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Credit Acceptance Announces Pricing of $500.0 Million Senior Notes Offering

Southfield, Michigan , Feb. 13, 2025 (GLOBE NEWSWIRE) — Credit Acceptance Corporation (Nasdaq: CACC) (referred to as the “Company”, “Credit Acceptance”, “we”, “our”, or “us”) announced today that it priced $500.0 million aggregate principal amount of its 6.625% senior notes due 2030 (the “notes”) in its previously announced offering at an issue price of 100% of the principal amount of the notes. The $500.0 million aggregate principal amount of the notes represents an increase in the offering size from the previously announced $400.0 million. The closing of the sale of the notes is expected to occur on or about February 28, 2025, subject to customary closing conditions. We intend to use the net proceeds from the offering of the notes (1) to fund the redemption of all of our $400.0 million outstanding 6.625% senior notes due 2026...

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374Water Announces Timeline for Deployment of AirSCWO Technology at Orange County, California Sanitation District

Installation of Upgraded AirSCWO System with Plans to Upgrade to Larger AirSCWO 30 and Potential Installation of up to Five AirSCWO 200 Units DURHAM, N.C., Feb. 13, 2025 (GLOBE NEWSWIRE) — 374Water Inc. (NASDAQ: SCWO) (“374Water” or the “Company”), a global leader in organic waste destruction technology for municipal, federal, and industrial markets, today announced it has made significant progress in development of its systems and is providing an updated timeline for the deployment of its AirSCWO 6 System to the Orange County Sanitation (“OC San”) District Plant No. 1. To improve its waste management and resource recovery practices, OC San is partnering with 374Water to deploy the Company’s groundbreaking AirSCWO technology. OC San processes over 180 million gallons of wastewater daily, serving over 2.6 million people. Currently,...

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