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Day: April 22, 2025

Traction Uranium Announces Termination of Option Agreement for the Grease River Property

CALGARY, Alberta, April 22, 2025 (GLOBE NEWSWIRE) — Traction Uranium Corp. (CSE: TRAC) (OTC: TRCTF) (FRA: Z1K) (the “Company” or “Traction”) announces that it has terminated the property option agreement with Forum Energy Metals Corp. (“Forum Metals”) entered into on February 3, 2023 (as amended) (the “Option Agreement“), under which the Company had the option to earn and acquire up to a 100% interest in Forum Metals’ Grease River Property (the “Property”) located in Athabasca Basin, Northern Saskatchewan, Canada. The Company has decided not to continue with the Option Agreement and the exploration thereof, and to instead focus its efforts and resources on the Company’s Hearty Bay Project.   About Traction Uranium Corp. Traction Uranium Corp. (CSE: TRAC) (OTC: TRCTF) (FRA: Z1K) is in the business of mineral exploration...

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Kelso Technologies Inc. Retirement of Chief Operating Officer and Appointment of Director

WEST KELOWNA, British Columbia and BONHAM, Texas, April 22, 2025 (GLOBE NEWSWIRE) — Kelso Technologies Inc. (TSX: KLS) (“Kelso” or “the Company”) announces that Anthony (Tony) Andrukaitis will retire from the Board of Directors effective June 3rd, 2025, and as Chief Operating Officer effective June 30th, 2025. Executive Vice President Amanda Smith will assume the role of COO starting July 1, 2025. The company and the board are pleased to welcome Mark Temen of Phoenix, Arizona, as the sixth member of the Kelso Board.   Since October 24, 2011, Mr. Andrukaitis has diligently served in his role, effectively building a strong team in Bonham and mentoring Ms. Smith to assume his roles and responsibilities. “It has been a pleasure working with Tony over the last five years,” says Frank Busch, President and CEO. “Tony was particularly...

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Pulse Seismic Inc. Reports Strong Q1 2025 Financial Results and Increases Regular Quarterly Dividend

CALGARY, Alberta, April 22, 2025 (GLOBE NEWSWIRE) — Pulse Seismic Inc. (TSX:PSD) (OTCQX:PLSDF) (“Pulse” or the “Company”) is pleased to report its financial and operating results for the three months ended March 31, 2025. The unaudited condensed consolidated interim financial statements, accompanying notes and MD&A are being filed on SEDAR+ (www.sedarplus.ca) and will be available on Pulse’s website at www.pulseseismic.com. Today, Pulse’s Board of Directors approved a 17% increase to the regular quarterly dividend, declaring a dividend of $0.0175 per share. This results in an increase to the annual regular dividend from $0.06 per share to $0.07 per share. The total dividend declared will be approximately $889,000 based on Pulse’s 50,794,563 common shares outstanding as of April 22, 2025, to be paid on May 20, 2025, to shareholders...

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Quebec Precious Metals Announces Shareholder Approval of Arrangement with Fury Gold

MONTREAL and TORONTO, April 22, 2025 (GLOBE NEWSWIRE) — Fury Gold Mines Limited (TSX: FURY, NYSE American: FURY) (“Fury”) and Quebec Precious Metals Corporation (TSXV: QPM, FSE: YXEP) (“QPM”) are pleased to announce that, at the special meeting (the “Meeting”) of holders (“QPM Shareholders”) of common shares of QPM (the “QPM Shares”) held today, QPM Shareholders overwhelmingly voted in favour of the special resolution (the “Arrangement Resolution”) to approve the previously announced plan of arrangement (the “Arrangement”) under Section 192 of the Canada Business Corporations Act with Fury Gold Mines Ltd. (“Fury Gold”) pursuant to which Fury Gold will acquire all of the issued and outstanding QPM Shares in exchange for 0.0741 of a Fury Gold common share (each whole common share of Fury Gold, a “Fury Gold Share”) for each QPM Share....

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Vornado Announces PENN 1 Ground Rent Reset Determination

NEW YORK, April 22, 2025 (GLOBE NEWSWIRE) — Vornado Realty Trust (NYSE:VNO) announced today that the panel appointed to determine the ground rent payable by Vornado’s subsidiary for the PENN 1 land parcel for the 25-year period beginning June 17, 2023 has determined that the annual rent payable during the current 25-year term will be $15 million. Further, litigation is currently pending between the parties in New York County Supreme Court relating to the matter. To date, the court denied the Vornado subsidiary’s motion to dismiss the action and Vornado’s subsidiary has filed a notice of appeal. The panel’s decision provides that if the fee owner prevails in a final judgment in the ongoing litigation, the annual rent for the 25-year term will be $20.22 million, retroactive to June 17, 2023. In connection with the panel’s determination,...

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Timberland Bancorp Reports Second Fiscal Quarter Net Income of $6.76 Million

Quarterly EPS Increases 21% to $0.85 from $0.70 One Year Ago Quarterly Net Interest Margin Increases to 3.79% Quarterly Return on Average Assets of 1.43% Quarterly Return on Average Equity of 10.95% Announces a 4% Increase in the Quarterly Cash DividendHOQUIAM, Wash., April 22, 2025 (GLOBE NEWSWIRE) — Timberland Bancorp, Inc. (NASDAQ: TSBK) (“Timberland” or “the Company”), the holding company for Timberland Bank (the “Bank”), today reported net income of $6.76 million, or $0.85 per diluted common share for the quarter ended March 31, 2025. This compares to net income of $6.86 million, or $0.86 per diluted common share for the preceding quarter and $5.71 million, or $0.70 per diluted common share, for the comparable quarter one year ago. For the first six months of fiscal 2025, Timberland’s net income increased 13% to $13.62...

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NowVertical Completes Debt-to-Equity Conversions

TORONTO, April 22, 2025 (GLOBE NEWSWIRE) — NowVertical Group Inc. (TSXV: NOW) (“NowVertical” or the “Company”) announces that, further to its news release dated March 10, 2025, the Company has settled an aggregate of CAD$35,220.62 representing the net amount of certain bonus entitlements owing to certain employees, less applicable statutory withholdings and deductions, through the issuance of an aggregate of 93,917 Class A Subordinate voting shares in the capital of the Company (the “Subordinate Voting Shares”) at a price of C$0.375 per Subordinate Voting Share. The Subordinate Voting Shares are subject to a statutory hold period of four months plus a day from the issuance date, as per applicable securities regulations. About NowVertical Group Inc. The Company is a global data and analytics company which helps clients transform...

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Algoma Steel to Announce 2025 First Quarter Results April 29, 2025

SAULT STE. MARIE, Ontario, April 22, 2025 (GLOBE NEWSWIRE) — Algoma Steel Group Inc. (NASDAQ: ASTL; TSX: ASTL) (“Algoma” or “the Company”), a leading Canadian producer of hot and cold rolled steel sheet and plate products, announced today that the Company will release its 2025 first quarter financial results after the market closes on Tuesday, April 29, 2025. A webcast and conference call will be held on Wednesday, April 30, 2025 at 11:00 a.m. Eastern Time to review the Company’s results, discuss recent events, and conduct a question-and-answer session. The live webcast and archived replay of the conference call can be accessed on the Investors section of the Company’s website at ir.algoma.com. For those unable to access the webcast, the conference call will be accessible domestically or internationally by dialing 877-425-9470...

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HII Hosts HD Hyundai Heavy Industries Leaders at Ingalls Shipbuilding

PASCAGOULA, Miss., April 22, 2025 (GLOBE NEWSWIRE) — HII (NYSE: HII) hosted HD Hyundai Heavy Industries leaders at the company’s Ingalls Shipbuilding division Tuesday, advancing joint goals of the memorandum of understanding signed by the two companies earlier this month. The visit focused on identifying near-term opportunities and exploring the implementation of new processes that could support the acceleration of ship production. “This visit is a continuation of the important dialogue taking place between HII and our international partners,” Ingalls Shipbuilding President Brian Blanchette said. “Today’s visit allowed us to showcase the great work our Ingalls shipbuilders do every day in support of national security and an opportunity to exchange ideas on best practices, while examining what we can begin working on right away.” The...

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Kaldvik AS issues new shares in connection with the acquisition of key assets in the fish farming value chain on the east-coast of Iceland

Frøya, Norway, 22 April 2025: Reference is made to the announcement by Kaldvik AS (“Kaldvik”, the “Company”) on 25 March 2025 regarding the completion of the acquisition of (i) 100% of the shares in Mossi ehf. (“Mossi”), (ii) 100% of the shares in Djupskel ehf. (“Djupskel”) and (iii) 33.3% of the shares in Bulandstindur ehf. (“Bulandstindur”) (the “Transaction”). Following determination of the final purchase price for the shares in Djupskel and Bulandstindur, the board in the Company has today, pursuant to an authorisation to increase the share capital granted by the annual general meeting on 21 June 2024, resolved to increase the share capital of the Company with NOK 624,995.20, by issuing 6,249,952 new shares with a subscription price of NOK 27.60 per share. The...

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