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Day: March 21, 2025

Etrion Releases 2024 Results

GENEVA, Switzerland, March 21, 2025 (GLOBE NEWSWIRE) — Etrion Corporation (“Etrion” or the “Company”, and, together with its subsidiaries, the “Group”) released today its annual consolidated financial statements and related management’s discussion and analysis (“MD&A”) for the year ended December 31, 2024. 2024 HIGHLIGHTSEtrion closed the year 2024 with an unrestricted cash balance of $6.2 million and positive working capital of $6.2 million. On September 30, 2024, the Group’s Luxembourg subsidiary received an earn-out payment of $1.2 million. This payment relates to a reimbursement for grid connection costs associated with a former Japanese asset that was sold in 2021. In September 2024, the Group’s Japanese subsidiary realized $0.2 million in proceeds from the sale of specific permits and rights associated...

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Teck Reports 2024 Sustainability Performance

VANCOUVER, British Columbia, March 21, 2025 (GLOBE NEWSWIRE) — Teck Resources Limited (TSX: TECK.A and TECK.B, NYSE: TECK) (“Teck”) has released its 24th annual Sustainability Report, highlighting the company’s 2024 performance in key areas, including support for communities, Indigenous Peoples, health and safety, diversity and climate.  “This report details our environmental and social performance as we focus on responsibly delivering the critical minerals the world needs for economic growth and energy security,” said Jonathan Price, President and CEO. Teck’s 2024 Sustainability Report is prepared in accordance with the Global Reporting Initiative (GRI) Standards for the period January 1–December 31, 2024. The report has also been prepared in accordance with the Sector Standard GRI 14: Mining and Metals Sector 2023 and is aligned...

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Itaú Chile announces changes to the Executive committee of its banking subsidiary in Colombia

SANTIAGO, Chile, March 21, 2025 (GLOBE NEWSWIRE) — BANCO ITAÚ CHILE (SSE: ITAUCL) Itaú Chile today informs about changes in the Executive committee of its banking subsidiary in Colombia. The Board of Directors of Itaú Colombia has appointed Jorge Villa, former Vice President of Corporate Banking, as the new CEO effective March 21, replacing Baruc Saez, who led the bank for five years. Villa’s appointment reflects a fundamental principle of Itaú’s corporate culture, meritocracy. Jorge Villa has over 27 years of experience in the financial sector. He joined Itaú Colombia in 2011. He holds a degree in Economics and Finance from Babson College and an MBA from the same university. Throughout his career at the bank, he has been known for his focus on results, approachability, and leadership skills. Baruc Saez served as President...

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ThreeD Capital Inc. Issues Early Warning Report in Connection with Acquisition of Securities of Avicanna Inc.

TORONTO, March 21, 2025 (GLOBE NEWSWIRE) — ThreeD Capital Inc. (“ThreeD”) (CSE:IDK / OTCQX:IDKFF) a Canadian based venture capital firm focused on opportunistic investments in companies in the junior resources and disruptive technologies sectors, announces that through a series of transactions in recent weeks (the “Acquisitions”), ThreeD acquired ownership and control of an aggregate of 106,000 common shares (the “Subject Shares”) of Avicanna Inc. (the “Company” or “AVCN”). The Subject Shares represented approximately 0.1% of all issued and outstanding common shares of the Company. As a result of the Acquisitions, the percentage ownership held by ThreeD and Sheldon Inwentash (the “Joint Actor”) increased above 2%, on a partially diluted basis, from the last early warning report filed. Immediately prior to the Acquisitions, ThreeD...

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Glacier Reports Year End 2024 Results

VANCOUVER, British Columbia, March 21, 2025 (GLOBE NEWSWIRE) — Glacier Media Inc. (TSX: GVC) (“Glacier” or the “Company”) reported revenue and earnings for the year ended December 31, 2024. Summary Results(thousands of dollars)    except share and per share amounts     2024       2023           Revenue   $ 141,946     $ 154,940  EBITDA (1)   $ 9,712     $ (4,169)  EBITDA (1) margin     6.8%       (2.7%)  EBITDA (1) per share   $ 0.07     $ (0.03)  Capital expenditures   $ 3,848     $ 4,316  Net loss attributable to common shareholder   $ (24,442)     $ (99,250)  Net loss attributable to common shareholder per share   $ (0.19)     $ (0.76)           Weighted average shares outstanding, net     131,131,598       131,198,520           (1)  EBITDA is considered a non-GAAP measure. Refer to...

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Atea Pharmaceuticals Issues Statement Regarding Director Nominations

No Shareholder Action is Required at this Time BOSTON, March 21, 2025 (GLOBE NEWSWIRE) — Atea Pharmaceuticals, Inc. (Nasdaq: AVIR) (Atea or Company) a clinical-stage biopharmaceutical company engaged in the discovery and development of oral antiviral therapeutics for serious viral diseases, today confirmed receipt of a notice from Bradley L. Radoff that he intends to nominate three director candidates to stand for election to the Atea Board of Directors at the Company’s 2025 Annual Meeting of Stockholders.         The Atea Board of Directors and management team engage in regular communications with Atea’s shareholders and regularly evaluate the Company’s strategy to enhance shareholder value. The Nominating and Corporate Governance Committee of the Atea Board of Directors will evaluate the director candidates consistent with its...

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Maxim Power Corp. Reports 2024 Financial and Operating Results with Revenue of $101 million and Record Annual Generation from M2

CALGARY, Alberta, March 21, 2025 (GLOBE NEWSWIRE) — Maxim Power Corp. (“MAXIM” or the “Corporation”) (TSX: MXG) announced today the release of financial and operating results for the fourth quarter ended December 31, 2024. The audited condensed consolidated financial statements, accompanying notes and Management’s Discussion and Analysis (“MD&A”) will be available on SEDAR+ and on MAXIM’s website on March 21, 2025. All figures reported herein are Canadian dollars unless otherwise stated.FINANCIAL HIGHLIGHTS      Three Months Ended December 31, Twelve Months EndedDecember 31,($ in thousands except per share amounts) 2024   2023 2024   2023Revenue 24,048   38,990 101,482   41,458Net income (loss) (341)   19,477 21,946   28,295Earnings (loss) per share – basic (0.01)   0.39 0.42   0.56Earnings...

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KUKE Music Successfully Reached Strategic Partnership with China Media Group IoV Digital Media, Aims to Redefining the Benchmark for In-Vehicle Music

Beijing, March 21, 2025 (GLOBE NEWSWIRE) —  KUKE MUSIC HOLDING LIMITED (NYSE:KUKE), a leading classical music service platform in China with approximately 3 million audio and video music tracks, recently announced that its subsidiary, Beijing Kuke Music Co., Ltd. (hereinafter referred to as “Beijing Kuke Music”) and China Media Group IoV Digital Media (Shanghai) Co., Ltd. (hereinafter referred to as “CMG IoV Digital Media”) formally signed a strategic cooperation agreement on March 18, 2025 in Beijing. CMG IoV Digital Media, online since March 2020, is the new media arm of China Media Group, also known as Voice of China, the preeminent media company by means of radio and television broadcasting in China. Together, Beijing Kuke Music and CMG IoV Digital Media aim to establish a new benchmark for high-quality, intelligent, and differentiated...

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Scorpio Tankers Inc. Announces Availability of 2024 Annual Report on Form 20-F

MONACO, March 21, 2025 (GLOBE NEWSWIRE) — Scorpio Tankers Inc. (NYSE: STNG) (“Scorpio Tankers” or the “Company”) announced today that its Annual Report on Form 20-F for the year ended December 31, 2024 has been filed with the Securities and Exchange Commission and can be accessed on the Company’s website www.scorpiotankers.com in the Investors section under Reports and Presentations. Shareholders may also request a hard copy of the Annual Report, which includes the Company’s complete 2024 audited financial statements, free of charge, by contacting the Company at: Scorpio Tankers Inc.Attn: Investor Relations1 Lafayette Place, Suite 205Greenwich, CT 06830Tel: +1 203-900-0559E-mail: investor.relations@scorpiotankers.com Reports and other information regarding the Company are also available without charge at a website maintained by...

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European Wax Center, Inc. Announces Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)

PLANO, Texas, March 21, 2025 (GLOBE NEWSWIRE) — European Wax Center, Inc. (NASDAQ: EWCZ) (the “Company” or “European Wax Center”), the leading franchisor and operator of out-of-home waxing services in the United States, announced that on March 21, 2025, and in connection with the previously announced appointment of Katie Mullen as the Company’s Chief Commercial Officer, the Company’s Board of Directors approved grants of (i) restricted stock units (“RSUs”) covering 160,000 shares of the Company’s Class A common stock (the “Mullen RSUs”), (ii) non-qualified stock option awards to purchase 220,000 shares of the Company’s Class A common stock with an exercise price of $3.99, which is equal to the closing price of the Company’s Class A common stock on the Nasdaq Stock Market on March 21, 2025, (iii) non-qualified stock option awards...

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