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Day: March 24, 2025

Ascot Reports 2024 Annual Results

VANCOUVER, British Columbia, March 24, 2025 (GLOBE NEWSWIRE) — Ascot Resources Ltd. (TSX: AOT; OTCQX: AOTVF) (“Ascot” or the “Company”) announces the Company’s audited consolidated financial results for the year ended December 31, 2024. For details of the audited consolidated financial statements, Management’s Discussion and Analysis, and Annual Information Form for the year ended December 31, 2024, please see the Company’s filings on SEDAR+ at www.sedarplus.ca. All amounts herein are reported in $000s of Canadian dollars (“C$”) unless otherwise specified. 2024 AND RECENT HIGHLIGHTSOn February 20, 2024, the Company closed a financing package for a total of US$50 million from Sprott Resource Streaming and Royalty Corp. and its affiliates (“SRSR”) and Nebari Credit Fund II, LP (“Nebari Credit Fund II”), as described...

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Ninepoint Partners Announces Estimated March 2025 Cash Distributions for Ninepoint Cash Management Fund – ETF Series

TORONTO, March 24, 2025 (GLOBE NEWSWIRE) — Ninepoint Partners LP (“Ninepoint Partners”) today announced the estimated March 2025 cash distribution for the ETF Series of Ninepoint Cash Management Fund (the “Fund”). Ninepoint Partners expects to issue a press release on or about March 28, 2025, which will provide the final distribution rate. The record date for the cash distribution is March 31, 2025, payable on April 7, 2025. All estimates in this document are based on the accounting data as of March 21, 2025. Due to subscriptions and/or redemptions and/or other factors, the final February 2025 distribution may differ from these estimates and the difference could be material. The information included in this letter is for reference purposes only. Please reconcile all information against your official client statements. This is not...

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Timbercreek Financial Declares March 2025 Dividend

TORONTO, March 24, 2025 (GLOBE NEWSWIRE) — Timbercreek Financial (TSX: TF) (the “Company”) is pleased to announce that it has declared a monthly cash dividend of $0.0575 per common share (“Common Share”) of the Company to be paid on April 15, 2025 to holders of Common Shares of record on March 31, 2025. The Company also offers a Dividend Reinvestment Plan (the “Plan”), which is eligible to holders of Common Shares and provides a convenient means to purchase additional Common Shares by reinvesting cash dividends at a potential discount and without having to pay commissions, service charges or brokerage fees. Pursuant to the Plan and at the discretion of Timbercreek Capital Inc., the Manager, Common Shares will be acquired in the open market at prevailing prices or issued from treasury at 98 percent of the average market price (the...

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Gesher Acquisition Corp. II Announces Completion of $143,750,000 IPO

NEW YORK, NY, March 24, 2025 (GLOBE NEWSWIRE) — Gesher Acquisition Corp. II (the “Company”), today announced the closing of its initial public offering of 14,375,000 units, at a price of $10.00 per unit, which includes 1,875,000 units issued pursuant to the exercise by the underwriters of their over-allotment option in full, resulting in gross proceeds of $143,750,000. Each Unit consists of one Class A ordinary share of the Company, par value $0.0001 per share and one-half of one redeemable warrant. The units are listed on the Nasdaq Global Market (“Nasdaq”) and commenced trading under the ticker symbol “GSHRU” on March 21, 2025. After the securities comprising the units begin separate trading, the Class A ordinary shares and warrants are expected to be listed on Nasdaq under the symbols “GSHR” and “GSHRW,” respectively. The Company...

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Ninepoint Partners Announces March 2025 Cash Distributions for ETF Series Securities

TORONTO, March 24, 2025 (GLOBE NEWSWIRE) — Ninepoint Partners LP (“Ninepoint Partners”) today announced the March 2025 cash distributions for its ETF Series securities. The record date for the distributions is March 31, 2025. All distributions are payable on April 7, 2025. The per-unit March 2025 distributions are detailed below:Ninepoint ETF Series Ticker Distribution per unit Notional Distributionper unit CUSIPNinepoint Diversified Bond Fund NBND $0.01431 $0.00000 65443H100Ninepoint Alternative Credit Opportunities Fund NACO $0.08870 $0.00000 65443Q100Ninepoint Energy Income Fund NRGI $0.10815 $0.00000 65444A104Ninepoint Target Income Fund TIF $0.08306 $0.00000 65446C108About Ninepoint Partners Based in Toronto, Ninepoint Partners LP is one of Canada’s leading alternative investment management firms overseeing...

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Diversified Royalty Corp. Announces Fourth Quarter and Year End 2024 Results

VANCOUVER, British Columbia, March 24, 2025 (GLOBE NEWSWIRE) — Diversified Royalty Corp. (TSX: DIV and DIV.DB.A) (the “Corporation” or “DIV”) is pleased to announce its financial results for the three months (“Q4 2024”) and year ended December 31, 2024. HighlightsThe weighted average organic royalty growth1 of DIV’s diversified royalty portfolio was 5.9% in Q4 2024 and 5.0% for the year ended December 31, 2024, compared to 6.8% for the three months ended December 31, 2023 (“Q4 2023”) and 8.4% for the year ended December 31, 2023. The weighted average organic royalty growth1 on a constant currency basis was 5.4% in Q4 2024 and 4.8% for the year ended December 31, 2024. Revenue was $17.0 million in Q4 2024 and $65.0 million for the year ended December 31, 2024, up 3.9% and 15.0%, respectively, compared to the same periods in 2023. Adjusted...

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Enerpac Tool Group Reports Second Quarter Fiscal 2025 Results

Second Quarter of Fiscal 2025 Continuing Operations Highlights*Net sales were $146 million, a 5.1% increase compared to the prior year, with a 5.0% increase in organic sales.1 Operating profit margin was 21.2% and adjusted operating profit margin was 21.4% Net earnings were $20.9 million, or $0.38 per diluted share. Adjusted net earnings were $21.2 million, or $0.39 per diluted share. GAAP EPS and adjusted EPS increased 15% and 8% year-over-year, respectively. Adjusted EBITDA was $33.8 million and adjusted EBITDA margin was 23.2%. Returned $10 million to shareholders through share repurchases.*This press release contains financial measures in accordance with U.S. Generally Accepted Accounting Principles (“GAAP”) in addition to non-GAAP financial measures. Reconciliations of the non-GAAP financial measures to the comparable GAAP measures...

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UMH PROPERTIES, INC. COMPLETES ACQUISITION OF TWO NEW JERSEY MANUFACTURED HOME COMMUNITIES

FREEHOLD, NJ, March 24, 2025 (GLOBE NEWSWIRE) — UMH Properties, Inc. (NYSE: UMH; TASE: UMH) closed on the acquisition of two age-restricted manufactured home communities, located in Mantua, New Jersey, for a total purchase price of $24.6 million. These communities contain 266 developed homesites, of which 100% are occupied. They are situated on approximately 38 acres. Samuel A. Landy, President and Chief Executive Officer, commented, “We are pleased to complete the acquisition of Cedar Grove Park and Maplewood Village. These are two high-quality stabilized communities that contain all modern, homeowner occupied, manufactured homes. These communities are well-located near Philadelphia and experience strong demand for sales. This deal is expected to be accretive to earnings with additional upside through the brokerage of home sales....

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Power Solutions International Announces Record Fourth Quarter and Record Full Year 2024 Financial Results

Quarter Sales of $144.3 million, up 38% from a year earlier, Full Year Sales of $476.0 million, up 4% from a year earlier, Quarter Net Income of $23.3 million, up 178% from a year earlier, EPS $1.01 for the Quarter, Full Year Net Income of $69.3 million, up 163% from a year earlier, EPS $3.01 for the Full Year, Cash Flow Provided by Operating Activities $62.4 million in 2024 WOOD DALE, Ill., March 24, 2025 (GLOBE NEWSWIRE) — Power Solutions International, Inc. (the “Company” or “PSI”) (Nasdaq: PSIX), a leader in the design, engineering and manufacture of emission-certified engines and power systems, announced record fourth quarter and full year 2024 financial results. Financial Highlights($ in millions, except per share amounts) Quarter Ended    December 31, 2024 December 31, 2023 ChangeNet sales $144.3 $104.8 38%Gross...

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iAnthus Reports Fiscal Fourth Quarter and Full Year 2024 Financial Results

NEW YORK and TORONTO, March 24, 2025 (GLOBE NEWSWIRE) — iAnthus Capital Holdings, Inc. (“iAnthus” or the “Company”) (CSE: IAN, OTCQB: ITHUF), which owns, operates, and partners with regulated cannabis operations across the United States, today reported its financial results for the fourth quarter and year ended December 31, 2024. The Company’s Annual Report on Form 10-K (the “Annual Report”), which includes its audited consolidated financial statements for the year ended December 31, 2024 and the related management’s discussion and analysis of financial condition and results of operations, can be accessed on the Securities and Exchange Commission’s (“SEC’s”) website at www.sec.gov, on the System for Electronic Document Analysis and Retrieval’s (SEDAR+) website at www.sedarplus.com, and on the Company’s website at www.iAnthus.com....

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