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Day: June 5, 2025

Logan Ridge Announces Change of Date to the Special Meeting of Stockholders to Allow Additional Time for Stockholders to Vote “FOR” the Merger Proposal

Stockholders of LRFC Who Have Voted Thus Far Have Expressed Strong Support for the Proposed Merger Both Leading Independent Proxy Advisors, Institutional Shareholder Services (“ISS”) and Glass Lewis & Co. (“Glass Lewis”), Have Recommended LRFC Stockholders Vote “FOR” the Merger Proposal NEW YORK, June 05, 2025 (GLOBE NEWSWIRE) — Logan Ridge Finance Corporation (NASDAQ: LRFC) (“Logan Ridge” or “LRFC”) announced today that its Special Meeting of Stockholders (the “LRFC Special Meeting”) will take place on June 20, 2025, rather than June 6, 2025, to provide stockholders with additional time to cast their vote to approve the proposed merger of LRFC with and into Portman Ridge Finance Corporation (NASDAQ: PTMN) (“Portman Ridge” or “PTMN”) (the “Merger Proposal”). Stockholders of LRFC can attend the meeting and cast their votes...

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Xilio Therapeutics Announces Closing of $50.0 Million Public Offering

Total gross proceeds of up to $150.0 million before the end of 2026 if all Series B warrants and Series C warrants are exercised for cash Xilio may elect to cancel unexercised Series B or Series C warrants proportionately to the amount of non-dilutive capital received, under certain circumstances Financing co-led by new investors Coastlands Capital and Frazier Life Sciences and included participation from Gilead Sciences, Inc., Logos Capital, Samsara BioCapital and other new and existing investors WALTHAM, Mass., June 05, 2025 (GLOBE NEWSWIRE) — Xilio Therapeutics, Inc. (Nasdaq: XLO), a clinical-stage biotechnology company discovering and developing tumor-activated immuno-oncology therapies for people living with cancer, today announced the closing of its previously announced underwritten public offering of pre-funded warrants...

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Grupo Aeroportuario del Pacifico Reports a Passenger Traffic Increase in May 2025 of 2.6% Compared to 2024

GUADALAJARA, Mexico, June 05, 2025 (GLOBE NEWSWIRE) — Grupo Aeroportuario del Pacífico, S.A.B. de C.V., (NYSE: PAC; BMV: GAP) (“the Company” or “GAP”) announces preliminary terminal passenger traffic figures for May 2025, compared with May 2024. For May 2025, the total number of terminal passengers at GAP’s 12 Mexican airports increased by 2.9%, compared to May 2024. Tijuana, Los Cabos, Puerto Vallarta, and Guadalajara airports presented an increase in passenger traffic of 3.4%, 1.1%, 0.9%, and 0.3% respectively, compared to May 2024. On the other hand, Montego Bay presented a decrease in passenger traffic of 1.6%, compared to May 2024.  Domestic Terminal Passengers (in thousands):                       Airport May-24 May-25 % Change Jan – May 24 Jan – May 25 % Change  Guadalajara 1,012.5 1,023.2 1.1 % 4,657.2 5,111.8 9.8 %  Tijuana* 719.6 730.5 1.5 % 3,397.1 3,536.6 4.1 %  Los...

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Starting a New Chapter of Growth

TORONTO, June 05, 2025 (GLOBE NEWSWIRE) — McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) is pleased to announce a significant development at our Fox Complex’s Stock Mine that will usher in a new chapter of growth. Construction of the ramp system is now underway to provide access to future lower-cost-per-ounce gold production. Rob McEwen, CEO and Chief Owner of McEwen Mining states: “As a long-term gold bull, I am always excited to break ground on a new gold mine, especially today, with gold trading at record highs and strong fundamentals for further upside. As we transition production from the Froome Mine to the Stock Mine, the timing is ideal for bringing Stock Mine into production. Moreover, it is important to understand that the Stock Mine will help us increase our near-term gold production and decrease our cost per ounce for three...

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Aura Releases 2024 Sustainability Report

ROAD TOWN, British Virgin Islands, June 05, 2025 (GLOBE NEWSWIRE) — Aura Minerals Inc. (TSX: ORA, B3: AURA33 and OTCQX: ORAAF) (“Aura” or the “Company”) is pleased to release its 5th Annual Sustainability Report showcasing the Company’s progress in promoting safety, responsibility, sustainability, and innovation. This year’s report highlights the Company’s strategic efforts across eight core environmental, social and governance (“ESG”) pillars. Prepared accordance with Global Reporting Initiative (GRI) standards, the report ensures clear and transparent disclosure of Aura’s financial, environmental, and social performance. The full report can be found Sustainability – Aura Minerals on Aura’s website. 2024 Sustainability Report HighlightsDriving Digital Transformation: Strengthened data and cybersecurity infrastructure to...

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Hanmi Bank Hosts Grand Opening Celebration of New Branch in Duluth, Georgia

Duluth Branch Grand OpeningFrom the left:Anthony Kim, Hanmi Bank Chief Banking Officer;Sung Joon Ahn, Korea Trade-Investment Promotion Agency (KOTRA) Trade Director;June Lee, Southeast US Korean Chamber of Commerce Director;Jae Kim, Southeast US Korean Chamber of Commerce President;Kyungchul Lee, Korean American Chamber of Commerce USA President;Bonnie Lee, Hanmi Bank CEO;Cindy Yum, Hanmi Bank Duluth branch manager;Kirkland Carden, Gwinnett County Commissioner;Long Tran, Georgia State Representative for District 80;Han Oh-dong, Korean American Chamber of Commerce GA-ATL President;Shinbum Kang, Korean American Chamber of Commerce GA-ATL Chairman;Shantell Wilson, Gwinnett County Economic Development Deputy Division Director;Jay Yoon, Hanmi Bank Area Banking Manager;DULUTH, Ga., June 05, 2025 (GLOBE NEWSWIRE) — Hanmi Financial...

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Altus Group’s Benchmark Manager Wins 2025 Realcomm Digie Award

ARGUS Intelligence’s new Benchmark Manager recognized for “Best Tech Innovation in CRE” TORONTO, June 05, 2025 (GLOBE NEWSWIRE) — Altus Group Limited (“Altus” or “the Company”) (TSX: AIF), a leading provider of commercial real estate (“CRE”) intelligence, is pleased to share that its newly released Benchmark Manager add-on on ARGUS Intelligence has been awarded the 2025 Realcomm Digie Award for Best Tech Innovation in CRE. Presented at the Realcomm | IBcon 2025 conference in Savannah, GA, the award celebrates groundbreaking technology that is advancing the CRE industry. Benchmark Manager is the Company’s latest add-on capability on ARGUS Intelligence – Altus’ new flagship platform for modeling, monitoring and managing CRE asset and portfolio performance. With the ARGUS Intelligence Benchmark Manager add-on, investors now have access...

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Patriot National Bancorp Announces Completion of $10M Registered Direct Offering

STAMFORD, Conn., June 05, 2025 (GLOBE NEWSWIRE) — Patriot National Bancorp, Inc. (NASDAQ: PNBK) (the “Company”), the parent company of Patriot Bank, N.A., today announced that it has successfully completed a registered direct offering of 8,524,160 shares of its common stock at a purchase price of $1.25 per share, raising gross proceeds of $10,655,200. The registered direct offering follows the Company’s March 20, 2025 private placement that raised over $50 million in gross proceeds from a diverse group of accredited investors. Steven Sugarman, President of Patriot National Bancorp, stated, “We are pleased by the continued strong investor interest in Patriot Bank. The success of this offering further strengthens the Bank’s capital base and enhances our ability to execute on our strategic objectives. With a significantly reinforced...

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Hawthorn Bancshares Announces New Common Stock Repurchase Program

JEFFERSON CITY, Mo., June 05, 2025 (GLOBE NEWSWIRE) — Hawthorn Bancshares, Inc. (NASDAQ: HWBK), (the “Company”), the bank holding company for Hawthorn Bank, announced that its Board of Directors approved a new common stock repurchase program authorizing the repurchase of up to $10.0 million in market value of the Company’s common stock. The new common stock repurchase program replaces the Company’s prior common stock repurchase program. Management was given discretion to determine the number and pricing of the shares to be purchased, as well as, the timing of any such purchases. The timing and total amount of stock repurchases will depend upon market and other conditions and may be made from time to time in open market purchases or privately negotiated transactions. The program has no termination date, may be suspended or discontinued...

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Dentsply Sirona Prices Offering of $550 million of Junior Subordinated Notes

CHARLOTTE, N.C., June 05, 2025 (GLOBE NEWSWIRE) — DENTSPLY SIRONA Inc. (“Dentsply Sirona” or the “Company”) (Nasdaq: XRAY) today announced it has priced an offering (the “Offering”) of $550 million aggregate principal amount of its 8.375% Junior Subordinated Notes due 2055 (the “notes”). The Offering is expected to close on June 12, 2025, subject to customary closing conditions. The notes will bear interest at a fixed rate of 8.375% per year until September 12, 2030 (the “First Reset Date”). On and after the First Reset Date, the interest rate per year on the notes for each reset period will be equal to the five-year U.S. Treasury rate as of the most recent reset interest rate determination date, plus a spread of 4.379%, to be reset on each reset date, provided that the interest rate during any reset period will not be reset below...

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