Year: 2025

Not for distribution to U.S. newswire services or dissemination in the United States. TORONTO, March 12, 2025 (GLOBE NEWSWIRE) — Flagship Communities Real Estate Investment Trust (“Flagship” or the “REIT”) (TSX: MHC.U; MHC.UN) today released its fourth quarter and full year 2024 results. The financial results of the REIT are prepared in accordance with International Financial Reporting Standards (“IFRS”) as issued by the International Accounting Standards Board (the “IASB”). Results are shown in U.S. dollars, unless otherwise noted. Fourth Quarter 2024 Results Compared to Fourth Quarter 2023 ResultsRental revenue was $23.8 million, an increase of 26.6% compared to $18.8 million Same Community Revenue1 was $20.4 million, up 15.5% compared to $17.7 million Net income (loss) and comprehensive income (loss) was $25.2 million compared...

TORONTO, March 12, 2025 (GLOBE NEWSWIRE) — Currency Exchange International, Corp. (the “Group” or “CXI”) (TSX: CXI; OTC: CURN), today reported net income of $0.8 million for the first quarter of 2025, 4% lower than the prior year (all figures are in U.S. dollars except where otherwise indicated). This 2025 reported net income reflected $1.7 million net income in the United States and a net loss of $0.9 million in Canada. These results include certain one-time third-party advisory costs of $0.3 million related to regulatory compliance requirements imposed on EBC. Excluding this item, adjusted net income1 increased 29% compared to the prior year and adjusted diluted earnings per share1 (“EPS”) was 31% higher than the prior year. The completed condensed interim consolidated financial statements and management’s discussion and analysis...

HAMILTON, Bermuda, March 12, 2025 (GLOBE NEWSWIRE) — Enstar Group Limited (“Enstar”) (Nasdaq: ESGR) today announced the pricing of $350 million aggregate principal amount of its 7.500% Fixed-Rate Reset Junior Subordinated Notes due 2045 (the “Notes”). The offering is expected to close on March 18, 2025, subject to satisfaction of customary closing conditions. Enstar intends to use the net proceeds from the offering to fund the purchase of the 5.750% Fixed-Rate Reset Junior Subordinated Notes due 2040 issued by Enstar’s wholly owned subsidiary, Enstar Finance LLC, that Enstar guarantees on a junior subordinated basis (the “2040 Junior Subordinated Notes”), that are validly tendered and accepted for purchase in the tender offer announced on March 10, 2025. Enstar intends to use any remaining net proceeds from this offering to redeem...

LEXINGTON, Mass., March 12, 2025 (GLOBE NEWSWIRE) — Rapid Micro Biosystems, Inc. (Nasdaq: RPID) (the “Company”), an innovative life sciences technology company providing mission critical automation solutions to facilitate the efficient manufacturing and fast, safe release of healthcare products, today announced the grants (i) on March 3, 2025, of 50,000 restricted stock units (“RSUs”) of the Company’s Class A common stock (“Common Stock”) as a material inducement to employment of one new employee and (ii) on March 10, 2025, of non-qualified stock options to purchase an aggregate of 250,000 shares of Common Stock (the “Options”) and 174,000 RSUs as a material inducement to employment to two new employees. All such equity awards were made under the Company’s Inducement Plan, as amended (the “Inducement Plan”) and were approved by...

SAN FRANCISCO, March 12, 2025 (GLOBE NEWSWIRE) — Brilliant Earth Group, Inc. (Nasdaq: BRLT), a global leader in ethically sourced fine jewelry, today released its 2024 Mission Report which celebrates and builds upon two decades of innovation and impact. This year’s report highlights the Company’s ongoing commitment to transparency, sustainability, compassion, and inclusivity, reinforcing its role as an industry leader. In 2024, the Company’s impact was reflected in its products, planet-first practices, and partnerships — including the launch of the Jane Goodall Collection, which supports crucial conservation efforts of the Jane Goodall Institute with a portion of proceeds from each purchase. Brilliant Earth’s net-zero emissions reduction targets were validated by the Science Based Targets initiative, and the Company continued...

New Investment Led by M-Cor Capital, LLC and Fortress Investment Group Existing 10% Senior Secured Notes to be Redeemed RESTON, Va., March 12, 2025 (GLOBE NEWSWIRE) — NextNav Inc. (the “Company” or “NextNav”) [NASDAQ: NN], a leader in next-generation positioning, navigation, and timing (“PNT”) and 3D geolocation, today announced it had entered into a purchase agreement for the sale of $190 million of 5% redeemable senior secured convertible notes (the “New Notes”). The New Notes will mature on June 30, 2028, and approximately $70 million of the proceeds from this issuance will be used to redeem NextNav’s existing 10% Senior Secured Notes due December 1, 2026 (the “10% Notes”) and pay accrued interest. The New Notes transaction was led by M-Cor Capital, LLC, the investment arm of the Milken Family Office (“M-Cor Capital”),...

Not for distribution to the U.S. Newswire Services or Dissemination in the United States Base shelf prospectus is accessible, and prospectus supplement will be accessible within two business days, on SEDAR+ TORONTO, March 12, 2025 (GLOBE NEWSWIRE) — ECN Capital Corp. (TSX: ECN) (“ECN Capital” or the “Company”) today announced that it has entered into an agreement with a syndicate of underwriters (the “Underwriters”) led by CIBC Capital Markets, National Bank Financial, BMO Capital Markets and RBC Capital Markets under which the Underwriters have agreed to purchase C$75 million aggregate principal amount of listed convertible senior unsecured debentures due April 30, 2030 (the “Debentures”) at a price of C$1,000 per Debenture (the “Offering”). ECN Capital has also granted the Underwriters an option to purchase up to an additional...