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Month: March 2025

Wallbridge Provides Results of 2024 Drilling Program on Detour East Property

TORONTO, March 13, 2025 (GLOBE NEWSWIRE) — Wallbridge Mining Company Limited (TSX: WM, OTCQB: WLBMF) (“Wallbridge” or the “Company”) is pleased to announce that it has received final assay results from the 2024 exploration drilling program carried out by Agnico Eagle Mines (“Agnico”) on the Detour East property located approximately 55 kilometres west of its 100% owned Fenelon Gold Project (“Fenelon”) and 25 kilometres east of Agnico’s Detour Lake gold mine. Agnico holds an option to earn a 75% interest in the Detour East Property, which is currently 100% owned by Wallbridge. Assay highlights include:9.95 g/t Au over 0.5 metres in hole DTE-24-55, which drilled a previously untested target located along the Sunday Lake Deformation Zone (“SLDZ”) within a few hundred metres of Wallbridge’s neighboring Casault property 1.34 g/t Au...

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RADIUS RECYCLING to be Acquired by U.S. Subsidiary of TOYOTA TSUSHO CORPORATION (TTC), Accelerating Investment in Future Growth

Radius Recycling Shareholders to Receive $30.00 in Cash Per Share, Delivering Significant Value TTC’s Investments to Accelerate Radius Recycling’s Growth Strategies and Strengthen Resiliency TTC Committed to Honoring Collective Bargaining Agreements and Compensation and Benefits Programs for All Radius Recycling Employees PORTLAND, Ore., March 13, 2025 (GLOBE NEWSWIRE) — Radius Recycling, Inc. (NASDAQ: RDUS) (“Radius” or the “Company”) today announced that it has entered into a definitive merger agreement with Toyota Tsusho America, Inc. (“TAI”), a U.S. subsidiary of Toyota Tsusho Corporation (8015.T) (“TTC”), under which TAI will acquire all shares of Radius for $30.00 per share in cash, representing an approximate 115% premium to Radius’ closing share price on March 12, 2025, and an approximate 102% premium over the 90-day volume-weighted...

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NFI Announces Strong Fourth Quarter and Fiscal 2024 Results

Record backlog of $12.8 billion with significant year-over-year improvement in Net earnings and Adjusted EBITDA2 WINNIPEG, Manitoba, March 13, 2025 (GLOBE NEWSWIRE) — (TSX: NFI, OTC: NFYEF, TSX: NFI.DB) NFI Group Inc. (“NFI” or the “Company”), a leader in propulsion agnostic bus and coach mobility solutions, today announced its audited consolidated financial results for Fiscal 2024. All figures quoted in U.S. dollars unless otherwise noted. Fourth Quarter HighlightsDeliveries: 1,180equivalent units (“EUs”), with 26.1% being battery- and fuel cell-electric buses (“ZEBs”) Revenue: $837.0 million, an increase of 5.1% year-over-year Gross margin: $92.3 million, an increase of 6.1% from 2023 Q4, with margin percentage of 11.0% Net Earnings: $18.6 million, an increase of $20.9 million, with Net...

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PLBY Group Reports Fourth Quarter and Full Year 2024 Financial Results

Enters 2025 Poised for Growth and Profitability with Asset-Light Model LOS ANGELES, March 13, 2025 (GLOBE NEWSWIRE) — PLBY Group, Inc. (NASDAQ: PLBY) (“PLBY Group” or the “Company”), a leading pleasure and leisure lifestyle company and owner of Playboy, one of the most recognizable and iconic brands in the world, today announced financial and operational results for the quarter and year ended December 31, 2024. Comments from Ben Kohn, Chief Executive Officer of PLBY Group “During 2024, we largely completed a comprehensive transformation of the Company, moving to an asset-light model, reducing corporate overhead and laying the groundwork for positive free cash flow and substantial growth. With a leaner operating model and stronger balance sheet, we are now well-positioned to focus on growth.” “Our Q4 results started to demonstrate...

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DallasNews Corporation Closes Sale of its North Plant Printing Facility in Plano, TX

DALLAS, March 13, 2025 (GLOBE NEWSWIRE) — DallasNews Corporation (Nasdaq: DALN) (the “Company” or “DallasNews Corp.”) today announced that it has closed on the sale of its Plano, TX printing facility for total proceeds of $43,500,000. The Company originally announced the sale on December 16, 2024, consistent with its commitment to streamline printing operations into a smaller, leased facility in Carrollton, Texas. DallasNews Corp. plans to use a portion of the proceeds from the sale to voluntarily fully fund the Company’s pension liabilities – eliminating what the Company views as debt. Grant Moise, DallasNews Corp.’s Chief Executive Officer, stated, “We are very pleased with the financial outcome from the sale of our Plano facility. This is an important milestone in our Return to Growth Plan and the additional value of voluntarily...

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Host Hotels & Resorts Announces First Quarter 2025 Earnings Call to be Held on May 1, 2025

BETHESDA, Md., March 13, 2025 (GLOBE NEWSWIRE) — Host Hotels & Resorts, Inc. (NASDAQ: HST) (the “Company”), the nation’s largest lodging real estate investment trust, will report first quarter 2025 financial results on Wednesday, April 30, 2025, after the market close. The Company will hold a conference call to discuss its first quarter 2025 results and business outlook on Thursday, May 1, 2025, at 11:00 a.m. ET. Conference call access information is as follows:Conference Call:     USA/Canada Toll Free Number   888-500-3691International Toll Number   646-307-1951Conference ID   71987     A simultaneous webcast of the call will be available on the Company’s website at www.hosthotels.com. A replay of the call will be available Thursday, May 1, 2025, until Wednesday, July 30, 2025, via webcast on the Company’s...

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Ribbon Acquisition Corp Announces the Separate Trading of its Ordinary Shares and Rights

New York, New York, March 13, 2025 (GLOBE NEWSWIRE) — Ribbon Acquisition Corp (NASDAQ: RIBBU) (the “Company”) announced that, holders of the 5,000,000 units sold in the Company’s initial public offering may elect to separately trade the ordinary shares and rights included in the units, with such trading having commenced on March 7, 2025. Any units not separated will continue to trade on the Nasdaq Capital Market (the “Nasdaq”) under the symbol “RIBBU,” and the separated ordinary shares and rights are expected to trade on the Nasdaq under the symbols “RIBB” and “RIBBR,” respectively. Unitholders will need to have their brokers contact Odyssey Trust Company, the Company’s transfer agent, in order to separate the units into ordinary shares and rights. This press release shall not constitute an offer to sell or the solicitation of...

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O-I GLASS TO DETAIL STRATEGIC INITIATIVES TO DRIVE LONG-TERM VALUE

PERRYSBURG, Ohio, March 13, 2025 (GLOBE NEWSWIRE) — FOR IMMEDIATE RELEASE O-I Glass, Inc. (NYSE: OI), a leading supplier of glass packaging, plans to detail a series of strategic initiatives aimed at enhancing its market position and delivering long-term value to shareholders during its Investors Day presentation at the New York Stock Exchange (NYSE) on March 14th that will begin at 8:30 am. The Power of Glass The Investor Day presentation, titled “The Power of Glass,” will feature insights from O-I Glass’s leadership team, including Gordon Hardie, President and Chief Executive Officer, John Haudrich, Senior Vice President and Chief Financial Officer, and other key executives. The agenda will cover the company’s business strategy, financial review, and future growth plans, highlighting O-I’s dedication...

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Titan Machinery Inc. to Report Fiscal Fourth Quarter and Full Year Ended January 31, 2025 Results on Thursday, March 20, 2025

WEST FARGO, N.D., March 13, 2025 (GLOBE NEWSWIRE) — Titan Machinery Inc. (Nasdaq: TITN), a leading network of full-service agricultural and construction equipment stores, announced today it will release financial results for the fourth quarter and full year ended January 31, 2025, on Thursday, March 20, 2025, followed by an investor conference call at 7:30 a.m. Central time (8:30 a.m. Eastern time). Investors interested in participating in the live call can dial (877) 704-4453 from the U.S. International callers can dial (201) 389-0920. A telephone replay will be available approximately three hours after the call concludes and will be available through April 3, 2025, by dialing (844) 512-2921 from the U.S., or (412) 317-6671 from international locations, and entering confirmation code 13751822. There also will be a simultaneous,...

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Portman Ridge Finance Corporation Announces Fourth Quarter and Full Year 2024 Financial Results

Reports Net Investment Income of $2.59 Per Share for Full Year 2024 and Net Asset Value of $19.41 Per Share Continued Share Repurchase Program: Total of 202,357 Shares for an Aggregate Cost of Approximately $3.8 Million Repurchased During Full Year 2024; Accretive to NAV by $0.07 Per Share Announces First Quarter 2025 Regular Quarterly Base Distribution of $0.47 Per Share and Introduces a Quarterly Supplemental Distribution of $0.07 Per Share Merger Agreement with Logan Ridge Aims to Create Meaningful Shareholder Value Via Greater Scale, Enhanced Liquidity, and Improved Operational Efficiencies NEW YORK, March 13, 2025 (GLOBE NEWSWIRE) — Portman Ridge Finance Corporation (Nasdaq: PTMN) (the “Company” or “Portman Ridge”) announced today its financial results for the fourth quarter and full year ended December 31, 2024. Fourth Quarter...

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