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Month: May 2025

Tornado Infrastructure Equipment Reports First Quarter 2025 Results

Net Income Increased by 17.3% Compared to Q1/2024 CALGARY, Alberta, May 27, 2025 (GLOBE NEWSWIRE) — Tornado Infrastructure Equipment Ltd. (“Tornado” or the “Company”) (TSX-V: TGH; OTCQX: TGHLF) today reported its unaudited condensed consolidated financial results for the three months period ended March 31, 2025. The unaudited condensed consolidated financial statements and related management discussion and analysis are available on the Company’s issuer profile in Canada on SEDAR+ at www.sedarplus.com, in the United States at www.otcmarkets.com and on the Company’s website www.tornadotrucks.com. All amounts reported in this news release are in thousands ($000’s CAD) except per share amounts. Significant Developments and Q1/2025 OverviewOn May 15, 2025, the Company closed the acquisition (the “Acquisition”) of all the issued and...

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Northrop Grumman Prices $1.0 Billion Debt Offering

FALLS CHURCH, Va., May 27, 2025 (GLOBE NEWSWIRE) — Northrop Grumman Corporation (NYSE: NOC) (“Northrop Grumman”) announced today that it has priced a $1.0 billion underwritten public offering of senior unsecured notes. The notes include:$500 million of 4.650% senior notes due 2030 $500 million of 5.250% senior notes due 2035Northrop Grumman expects to use the net proceeds from the offering for general corporate purposes, which may include debt repayment (including its 7.875% and 7.750% senior notes due 2026), share repurchases and working capital. The offering is expected to close on May 29, 2025, subject to the satisfaction of customary closing conditions. When available, copies of the prospectus supplement and the accompanying base prospectus related to the offering may be obtained by calling Goldman Sachs & Co. LLC...

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DMG Blockchain Solutions Inc. Announces Enablement of Carbon Neutral Bitcoin Transactions via Systemic Trust Company

VANCOUVER, British Columbia, May 27, 2025 (GLOBE NEWSWIRE) — DMG Blockchain Solutions Inc. (TSX-V: DMGI) (OTCQB US: DMGGF) (FRANKFURT: 6AX) (“DMG” or the “Company”), a vertically integrated data center and digital asset technology company, announces that DMG’s digital asset custody subsidiary, Systemic Trust Company (“STC”) has added the capability to send bitcoin in a regulatory compliant and carbon neutral manner. This enablement is the keystone that bridges the key pillars of DMG’s carbon-neutral Bitcoin ecosystem – STC, whose platform is built on Fireblocks’ custody solution, and Terra Pool, the world’s first carbon neutral Bitcoin mining pool. By utilizing Fireblocks, a proven and trusted solution for wallet infrastructure, users can be assured of the security and integrity of their digital asset holdings when they are stored...

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Brookfield Infrastructure Announces Intention to Redeem its Series 1 Preferred Units

BROOKFIELD, News, May 27, 2025 (GLOBE NEWSWIRE) — Brookfield Infrastructure Partners L.P. (TSX: BIP.UN; NYSE: BIP) today announced that it intends to redeem all of its outstanding Cumulative Class A Preferred Limited Partnership Units, Series 1 (the “Series 1 Preferred Units”) (TSX: BIP.PR.A) for cash on June 30, 2025. The redemption price for each Series 1 Preferred Unit will be C$25.00. Holders of Series 1 Preferred Units of record as of May 30, 2025 will receive the previously declared final quarterly distribution of C$0.248375 per Series 1 Preferred Unit. About Brookfield Infrastructure Brookfield Infrastructure is a leading global infrastructure company that owns and operates high-quality, long-life assets in the utilities, transport, midstream and data sectors across the Americas, Asia Pacific and Europe. We are focused on...

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INVO Fertility to Participate in the Lytham Partners Spring 2025 Investor Conference on May 29, 2025

SARASOTA, Fla., May 27, 2025 (GLOBE NEWSWIRE) — INVO Fertility, Inc. (Nasdaq: IVF) (“INVO Fertility” or the “Company”), a healthcare services fertility company focused on expanding access to advanced treatment through the establishment, acquisition and operation of fertility clinics and related businesses and technologies, will participate in a webcast fireside chat and host one-on-one meetings with investors at the Lytham Partners Spring 2025 Investor Conference, taking place virtually on Thursday, May 29, 2025. Company Webcast The webcast presentation will take place at 4:15 p.m. ET on Thursday, May 29, 2025. The webcast can be accessed by visiting the conference home page at https://lythampartners.com/spring2025/ or directly at https://app.webinar.net/AlmOGnMNXag. The webcast will also be available for replay following the event. 1×1...

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Inventronics Announces 2025 Q1 Financial Results

CALGARY, Alberta, May 27, 2025 (GLOBE NEWSWIRE) — Inventronics Limited (“Corporation”) (IVX: TSX Venture), a designer and manufacturer of enclosures for the telecommunications, cable, electric distribution, energy, and other industries in Canada and the USA, today announced its unaudited 2025 Q1 financial results. For the three months ended March 31, 2025, the Corporation reported net earnings of $183,000, or 3.8 cents per share, on revenue of $2,427,000 compared to net earnings of $8,000, or 0.2 cents per share, on revenue of $1,444,000 for the same period of 2024. The demand for enclosures has strengthened from the lower levels experienced in 2024 as customers worked their way through their excess inventories.     Financial Highlights   Three months ended(in thousands of dollars, except per share amounts)   Mar 312025 Mar...

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Atico Reports Consolidated Financial Results for First Quarter of 2025

(All amounts expressed in US dollars, unless otherwise stated) VANCOUVER, British Columbia, May 27, 2025 (GLOBE NEWSWIRE) — Atico Mining Corporation (the “Company” or “Atico”) (TSX.V: ATY | OTC: ATCMF) today announced its financial results for the three months ended March 31, 2025, posting income from mining operations of $3.7 million and a net loss of $0.8 million for the quarter. Production for the quarter at Atico’s El Roble mine totaled 2.2 million pounds (“lbs”) of copper and 1,578 ounces (“oz”) of gold in concentrate at a cash cost (1) of $3.00 per payable pound of copper (2). Fernando E. Ganoza, CEO and Director, commented, “during this period, the mine’s operational performance was below schedule due to unexpected challenging rock quality conditions resulting in slower than planned mine development. Nevertheless,...

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APA Corporation Announces Appointment of Aneil Kochar as Vice President and Treasurer

HOUSTON, May 27, 2025 (GLOBE NEWSWIRE) — APA Corporation (Nasdaq: APA) today announced that Aneil Kochar has been promoted to vice president and treasurer, effective May 22. Kochar will head APA’s Treasury department, providing global oversight for the company’s capital structure analysis, financing strategies, risk insurance, banking policies, and cash and liquidity management. The role of treasurer was previously held by Ben C. Rodgers who was recently promoted to chief financial officer. “I am pleased to welcome Aneil to APA’s leadership team. He has vast financial experience in the oil and gas industry and has played a crucial role in APA’s financial strategies over the past five years, driving value creation and improving cash management. Aneil will be a strong addition to our executive team,”...

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MarketWise Announces Appointment of Dr. David Eifrig as Chief Executive Officer

BALTIMORE, May 27, 2025 (GLOBE NEWSWIRE) — MarketWise, Inc. (NASDAQ: MKTW) (“MarketWise” or “the Company”), a leading multi-brand digital subscription services platform that provides premium financial research, software, education, and tools for investors, today announced that Dr. David “Doc” Eifrig has been appointed Chief Executive Officer of the Company on a permanent basis, effective immediately. Dr. Eifrig has served as interim Chief Executive Officer since August 2024. Dr. Eifrig has overseen notable achievements during his tenure as interim CEO, including improved financial performance over the last two quarters. He has demonstrated a clear vision for the company’s future while earning the confidence of the Board of Directors, employees, and shareholders alike. Matthew Turner, Chairman...

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FARMERS AND MERCHANTS BANCSHARES, INC. PROVIDES UPDATE ON ITS DIVIDEND REINVESTMENT PLAN AND SEMI-ANNUAL DIVIDEND

HAMPSTEAD, Md. , May 27, 2025 (GLOBE NEWSWIRE) — Farmers and Merchants Bancshares, Inc. (the “Company”), the parent of Farmers and Merchants Bank (the “Bank”), filed a Registration Statement on Form S-1 (the “Registration Statement”) with the Securities and Exchange Commission the “SEC”) for the purpose of registering shares of the Company’s common stock for issuance under a new 2025 Dividend Reinvestment Plan (the “2025 DRIP”). The 2025 DRIP will replace the dividend reinvestment plan that the Company implemented in May 2017 under which no further shares remain available for issuance. The Registration Statement is not complete and is subject to review by, and must be declared effective by, the SEC before the Company can offer or sell any shares under the 2025 DRIP. Because the Company cannot predict when or if the SEC will complete...

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