EDMONTON, Alberta, May 09, 2022 (GLOBE NEWSWIRE) — Melcor Developments Ltd. (TSX: MRD), an Alberta-based real estate development and asset management company, today reported results for the first quarter ended March 31, 2022. Revenue for the quarter was up 23% to $53.31 million compared to Q1-2021. Net income in the quarter was impacted by non-cash fair value losses of $5.68 million on REIT units related to unit price appreciation since December 31, 2021 resulting in a net income of $2.47 million or $0.08 per share (basic) compared with a net loss of $14.03 million or $0.42 per share (basic) in Q1-2021. Funds from operations (FFO) increased 5% to $10.70 million or $0.33 per share over Q1-2021. FFO is a better measure of performance as it elimates the significant swings in fair value adjustments on REIT units and investment properties. Community...

FutureFuel First Quarter Net Loss of $12.4 Million Reports Net Loss of $12.4 Million or $0.28 per Diluted Share, and Adjusted EBITDA of $2.1 Million CLAYTON, Mo., May 09, 2022 (GLOBE NEWSWIRE) — FutureFuel Corp. (NYSE:FF) (“FutureFuel”), a manufacturer of custom and performance chemicals and biofuels, today announced financial results for the first quarter ended March 31, 2022. First quarter 2022 Financial Highlights (all comparisons are with the first quarter of 2021)Revenues were $42.3 million, up 2% from $41.5 million Adjusted EBITDA was $2.1 million, up from ($7.8) million Net loss was $12.4 million, or $0.28 per diluted share, down from net losses of $8.8 million, or $0.20 per diluted share.“The first quarter of 2022 has been strong from an operational perspective, as compared to the disruption we experienced at the hands...

CHANDLER, Ariz., May 09, 2022 (GLOBE NEWSWIRE) — (NASDAQ: MCHP) – Microchip Technology Incorporated, a leading provider of smart, connected, and secure embedded control solutions, today announced that its Board of Directors declared a quarterly cash dividend on its common stock of 27.6 cents per share. The dividend is payable on June 3, 2022, to stockholders of record on May 20, 2022. Microchip initiated quarterly cash dividend payments in the third quarter of fiscal year 2003 and has increased its dividend 70 times since its inception. “Microchip’s financial performance in the March 2022 quarter was very strong, resulting in solid cash generation and significant debt reduction,” said Steve Sanghi, Executive Chair. “Today, our Board of Directors approved a sequential increase in our dividend of 9.1% to 27.6 cents per share, up...

DENVER, May 09, 2022 (GLOBE NEWSWIRE) — ArrowMark Financial Corp., (NASDAQ: BANX) (“ArrowMark Financial” or the “Company”), today announced that the Company’s estimated and unaudited Net Asset Value (“NAV”) as of April 30, 2022 was $21.36. The NAV was down $0.08 from the prior month. This estimated NAV is not a comprehensive statement of our financial condition or results for the month ended April 30, 2022. We advise you that our unaudited NAV per share for the second quarter ending June 30, 2022, will be released as part of our normal quarterly earnings reporting process and may differ materially from this estimated NAV. About ArrowMark Financial Corp. ArrowMark Financial is an SEC registered non-diversified, closed-end investment company listed on the NASDAQ Global Select Market under the symbol “BANX.” Its...

Declares Dividend of $0.375 per Common Share LONDON, May 09, 2022 (GLOBE NEWSWIRE) — Global Ship Lease, Inc. (NYSE:GSL) (the “Company”, “Global Ship Lease” or “GSL”), an owner of containerships, announced today its unaudited results for the three months ended March 31, 2022. First Quarter 2022 – Reported operating revenue of $153.6 million for the first quarter 2022, 2.1 times revenue of $73.0 million for the prior year period. – Reported net income available to common shareholders of $70.2 million for the first quarter of 2022, an increase of 1,571.4% or 16.7 times net income of $4.2 million for the prior year period. Normalized net income(3) after $4.6 million positive fair value adjustment on derivatives, a prepayment fee of $4.0 million on the full repayment of our Blue Ocean Junior Credit Facility and the associated...

CALGARY, Alberta, May 06, 2022 (GLOBE NEWSWIRE) — Canoe EIT Income Fund (“Canoe” or the “Fund”)(TSX – EIT.UN, EIT.PR.A, EIT.PR.B) announces quarterly distribution on preferred units. Cumulative Redeemable Series 1 and Series 2 Preferred Unit holders will receive a distribution of $0.30 per unit. The distribution will be paid on June 15, 2022 to unitholders of record on May 20, 2022. The ex-distribution date for this distribution is May 19, 2022. About Canoe EIT Income FundCanoe EIT Income Fund is one of Canada’s largest closed-end investment funds, designed to maximize monthly distributions and capital appreciation by investing in a broadly diversified portfolio of high quality securities. The Fund is listed on the TSX under the symbols EIT.UN, EIT.PR.A and EIT.PR.B, and is actively managed by Robert Taylor, Senior Vice President...

Not for Distribution to U.S. Newswire Services or for Dissemination in the United States of America. CALGARY, Alberta, May 06, 2022 (GLOBE NEWSWIRE) — Canoe EIT Income Fund (the “Fund”) (TSX – EIT.UN) announces the May 2022 distribution of $0.10 per unit. The distribution will be paid on June 15, 2022 to unitholders of record on May 20, 2022. The ex-distribution date for this distribution is May 19, 2022. About Canoe EIT Income FundCanoe EIT Income Fund is one of Canada’s largest closed-end investment funds, designed to maximize monthly distributions and capital appreciation by investing in a broadly diversified portfolio of high quality securities. The Fund is listed on the TSX under the symbols EIT.UN, EIT.PR.A and EIT.PR.B, and is actively managed by Robert Taylor, Senior Vice President and Chief Investment Officer, Canoe...

TORONTO, May 05, 2022 (GLOBE NEWSWIRE) — AGF Management Limited reported total assets under management (AUM) and fee-earning assets1 of $40.3 billion as at April 30, 2022.           AUM ($ billions)April 30, 2022  March 31, 2022  % ChangeMonth-Over-Month  April 30, 2021  % Change Year-Over-Year  Total Mutual Fund (including retail pooled funds) $ 22.8   $ 23.8     $ 22.1    Institutional and Sub-advisory + High-net-worth + Exchange-traded funds $ 15.4   $ 16.3     $ 16.2    Subtotal (before Private Alternative AUM and fee-earning assets1) $ 38.2   $ 40.1     $ 38.3    Private Alternative AUM2 $ 0.1   $ 0.1     $ 0.1    Total AUM2 $ 38.3   $ 40.2   (4.7%)   $ 38.4   (0.3%)  Private Alternative fee-earning assets1,2 $ 2.0   $ 2.0     $ 2.0    Total AUM and fee-earning assets1 $ 40.3   $ 42.2   (4.5%)   $ 40.4   (0.2%)             Average...

Achieves Record Total and Net Investment Income of $19.3 and $12.5 Million, Respectively Increases Core Leverage Ratio of Portfolio to 26.1% Grows Investment Portfolio to Record $754.3 Million Conference Call Today, Thursday, May 5 at 6:00 p.m. ET WOODSIDE, Calif., May 05, 2022 (GLOBE NEWSWIRE) — Runway Growth Finance Corp. (Nasdaq: RWAY) (“Runway Growth” or the “Company”), a leading provider of flexible capital solutions to late and growth-stage companies seeking an alternative to raising equity, today announced its financial results for the first quarter ended March 31, 2022. First Quarter 2022 HighlightsTotal investment income of $19.3 million Net investment income of $12.5 million, or $0.30 per share Total investment portfolio of $754.3 million at fair value as of March 31, 2022 Net asset value of $14.45 per share as of March...

NEW YORK, May 05, 2022 (GLOBE NEWSWIRE) — (NYSE: AFT) – Apollo Senior Floating Rate Fund Inc. (the “Fund”) today announced the declaration of its distribution for the month of May 2022 of $0.085 per common share, payable on the date noted below. The following dates apply to the declared distribution: Ex-Date: May 19, 2022Record Date: May 20, 2022Payment Date: May 31, 2022Per Share Amount: $0.085 Apollo Contact Information: Product Literature877-864-4834 InvestorsElizabeth BesenInvestor Relations ManagerApollo Global Management, Inc.212-822-0625ebesen@apollo.com Forward-Looking Statements This press release may contain statements that are forward looking, as that term is defined by the Private Securities Litigation Reform Act of 1995 or by the Securities and Exchange Commission in its rules, regulations and releases. These...