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Month: March 2026

Diana Shipping Inc. Increases Offer to Acquire Genco Shipping & Trading in Partnership With Star Bulk Carriers

Revised Offer of $23.50 Per Share Represents 31% Premium Over Undisturbed Closing Price Prior to Initial Offer Receives Fully Underwritten Commitment for $1.433 Billion in Financing Arranged by DNB Carnegie and Nordea, and Including Other Leading International Banks Star Bulk Enters into Definitive Agreement with Diana to Acquire 16 Genco Vessels for $470.5 Million Calls Upon Genco Board to Immediately Engage in Good Faith Negotiations to Reach Definitive Agreement ATHENS, Greece, March 06, 2026 (GLOBE NEWSWIRE) — Diana Shipping Inc. (NYSE: DSX) (“Diana” or the “Company”), a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, that owns approximately 14.8% of the outstanding shares of common stock of Genco Shipping & Trading Limited (NYSE: GNK) (“Genco”), today announced that...

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Eloro Resources Announces Closing of Bought Deal LIFE Private Placement for Gross Proceeds of C$17 Million

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR RELEASE, PUBLICATION, DISTRIBUTION OR DISSEMINATION DIRECTLY, OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES. TORONTO, March 06, 2026 (GLOBE NEWSWIRE) — Eloro Resources Ltd. (TSX: ELO; FSE: P2QM) (“Eloro” or the “Company”) is pleased to announce the closing of its previously announced “bought deal” private placement (the “Offering”) for gross proceeds of C$17,000,360, which includes the exercise in full of the over-allotment option. Pursuant to the Offering, the Company sold 6,538,600 common shares of the Company (the “Common Shares”) at a price of C$2.60 per Common Share (the “Offering Price”). Red Cloud Securities Inc. and Cantor Fitzgerald Canada Corporation acted as co-lead underwriters and joint bookrunners on behalf of a syndicate of underwriters...

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Silynxcom Receives Over $620,000 Tactical Systems Order from a Military Force in the Middle East

Netanya, Israel, March 06, 2026 (GLOBE NEWSWIRE) — Silynxcom Ltd. (NYSE American: SYNX) (“Silynxcom” or the “Company”), a manufacturer and developer of ruggedized tactical communication headset devices, today announced that it has received a purchase order exceeding $620,000 from a military force in the Middle East  for the Company’s Tactical Systems. The military force has long been a customer of Silynxcom, and the Company believes that this significant new order further demonstrates the continued trust in Silynxcom’s innovative and combat-proven solutions. Silynxcom’s Tactical Systems provide combat-proven awareness and seamless radio connectivity in some of the world’s most demanding environments. About Silynxcom Ltd. Silynxcom Ltd. develops, manufactures, markets, and sells ruggedized tactical communication headset devices...

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VCI Global Announces US$5 Million Institutional Registered Direct Offering

KUALA LUMPUR, Malaysia, March 06, 2026 (GLOBE NEWSWIRE) — VCI Global Limited (NASDAQ: VCIG) (“VCI Global” or the “Company”), today announced that it has entered into a definitive agreement with Esousa Group Holdings LLC, a New York-based family office, for the issuance and sale of the Company’s ordinary shares and warrants in a registered direct offering. The offering is structured in multiple tranches, with the initial tranche expected to generate aggregate gross proceed of US$5 Million before deducting placement agent fees and other offering expenses. Pursuant to the terms of the agreement, the initial closing is expected to occur on or about March 6, 2026, subject to the satisfaction of customary closing conditions. E.F. Hutton & Co. is acting as the exclusive placement agent for the offering. The Company intends to use...

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Imperial Petroleum Inc. Reports Fourth Quarter and Twelve Months 2025 Financial and Operating Results

ATHENS, Greece, March 06, 2026 (GLOBE NEWSWIRE) — IMPERIAL PETROLEUM INC. (NASDAQ: IMPP; the “Company”), a ship-owning company providing petroleum products, crude oil and dry bulk seaborne transportation services, announced today its unaudited financial and operating results for the fourth quarter and twelve months ended December 31, 2025. OPERATIONAL AND FINANCIAL HIGHLIGHTSFleet operational utilization of 91.8% for Q4 25’ compared to 88.7% in Q3 25’, representing the best quarterly performance in 2025. In Q4 24’ our fleet operational utilization was 86.0%. Fleet operational utilization for Q4 25’ was 90.4% for our drybulk fleet and 93.4% for our tanker fleet. Reduction of idle days in Q4 25’ by 24.3% compared to Q3 25’. About 71% of total fleet calendar days in Q4 25’ were dedicated to time charter activity while 29% to spot...

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Completion of Tranche 1 of Placement and Valuation Update

Not for release to US wire service or distribution in the United States PERTH, Western Australia, March 06, 2026 (GLOBE NEWSWIRE) — Novo Resources Corp. (“Novo” or the “Company”) (ASX: NVO) (TSX: NVO) (OTCQB: NSRPF) is pleased to announce that Tranche 1 of the placement it announced on 24 and 26 February 2026 (Vancouver)/25 and 26 February 2026 (Perth) completed today. The Company has received gross proceeds of ~C$5.90m (approximately A$6.20m) through the issue of:  (a) ~8.4m units at C$0.10 per unit to investors in Canada (with each unit comprising one Common Share and one-half (0.5) share purchase warrant); and  (b) ~50.6m Chess Depository Interests (“CDIs”) at A$0.105 per CDI to investors outside of Canada. Once Common Share underlies each CDI.The Company is delighted to welcome new shareholders and appreciates the...

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Cleansing Notice – Under Section 708A(5)(e) of the Corporations Act

Not for release to US wire service or distribution in the United States PERTH, Western Australia, March 06, 2026 (GLOBE NEWSWIRE) — Novo Resources Corp. (Novo or the Company) (ASX: NVO) (TSX: NVO) (OTCQX: NSRPF) advises that the Company has now issued 8,400,000 fully paid common shares, 4,200,000 warrants of the Company (Shares) and 50,647,619 Chess Depository Interests (CDIs) in the Company under Tranche 1 of the placement that was announced to ASX on 26 February 2026 (Placement). The CDIs will be quoted on ASX. The Shares will be quoted on the Toronto Stock Exchange but may subsequently be converted to CDIs in the Company (that are quoted on ASX) by the relevant holder. The Company seeks to rely on section 708A of the Corporations Act 2001 (Cth) (Corporations Act) (as modified by ASIC Corporations (Offers of CHESS Depository...

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TEN, Ltd. Reports Profits for the Twelve-Months and Fourth Quarter Ended December 31, 2025

200% Q-O-Q increase in net income to $58 million in Q4 2025  $800 million of gross revenues and $161 million of net income for 2025 ($4.45 per share) $416 million in adj. EBITDA in 2025 TEN benefitting from historical high tanker rates. Timely NB orders of LNG & VLCCs $4 billion in Minimum Contracted Revenue ATHENS, Greece, March 06, 2026 (GLOBE NEWSWIRE) — TEN, Ltd (TEN) (NYSE: TEN) (the “Company”) today reported results (unaudited) for the twelve months and fourth quarter ended December 31, 2025. TWELVE MONTHS 2025 SUMMARY RESULTSTEN’s fleet for the twelve months of 2025, generated close to $800 million in gross revenues, and approx. $252 million in operating income inclusive of $12.5 million in capital gains from the sale of four older vessels. Net income for the twelve months of 2025 was $161 million or $4.45 per share. Adjusted...

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Catheter Precision’s LockeT Suture Retention Device to be Featured in Live Cases at ISLAA 2026

FORT MILL, S.C., March 06, 2026 (GLOBE NEWSWIRE) — Catheter Precision, Inc. (NYSE American: VTAK), a pioneer in medical technology for the cardiac electrophysiology market, today announced that its LockeT suture retention device will be highlighted during live procedural cases at the International Symposium of Left Atrial Appendage 2026 conference. The event, co-hosted by the Academy for Continued Healthcare Learning (ACHL) and ISLAA Foundation, will take place from March 5-6, 2026, at the Biltmore Hotel in Los Angeles, California. The ISLAA meeting is a multi-specialty cardiovascular educational symposium on the frontier science of left atrial appendage (LAA). Over two days, course directors and leading physicians from The Kansas City Heart Rhythm Institute, Texas Cardiac Arrhythmia Institute, Los Robles Medical Center, Mayo...

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Cohen & Company Reports Fourth Quarter & Full Year 2025 Financial Results

Board Declares Quarterly Dividend of $0.25 per Share and Special Dividend of $0.70 per Share Revenue of $102.7 Million in Fourth Quarter 2025 and $275.6 Million in Full Year 2025 Net Income Attributable to Cohen & Company Inc. of $8.1 Million, or $1.48 per Diluted Share, in Fourth Quarter 2025 and $14.4 Million, or $4.35 per Diluted Share, in Full Year 2025 Adjusted Pre-Tax Income of $18.3 Million, or $2.97 per Diluted Share, in Fourth Quarter 2025 and $41.4 Million, or $6.92 per Diluted Share, in Full Year 2025 PHILADELPHIA and NEW YORK, March 06, 2026 (GLOBE NEWSWIRE) — Cohen & Company Inc. (NYSE American: COHN) today reported financial results for its fourth quarter and full year ended December 31, 2025. Summary Operating Results                                                      Three Months Ended       Twelve...

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