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Day: November 3, 2021

Grant of Incentive Subscription Rights in IDEX Biometrics 3 November 2021

The board of directors of IDEX Biometrics ASA resolved on 3 November 2021 to issue 5,485,900 incentive subscription rights to employees and individual contractors in the IDEX Biometrics group. The grant was made under the company’s 2021 incentive subscription rights plan as resolved at the annual general meeting on 12 May 2021. The exercise price of the subscription rights is NOK 2.65 per share. The subscription rights vest by 25% per year over four years and expire on 12 May 2026. Following the grants there are 72,384,566 subscription rights outstanding in IDEX. For further information contact:Marianne Bøe, Investor Relations E-mail: marianne.boe@idexbiometrics.comTel: + 47 9180 0186 James A. Simms, Chief Financial OfficerE-mail: jamie.simms@idexbiometrics.comTel: +1 978 319 5372 About IDEX BiometricsIDEX Biometrics ASA (OSE: IDEX...

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Fossil Group, Inc. Announces Pricing of Upsized $140 Million Offering of Senior Notes Due 2026

RICHARDSON, Texas, Nov. 03, 2021 (GLOBE NEWSWIRE) — Fossil Group, Inc. (NASDAQ: FOSL) (“Fossil Group” or the “Company”) today announced the pricing of its underwritten registered public offering of $140 million aggregate principal amount of 7.00% Senior Notes due 2026 (the “Notes”), representing a $15 million upsize from the previously announced offering. The Company has granted the underwriters a 30-day option to purchase an additional $10.0 million aggregate principal amount of the Notes in connection with the offering. The offering is expected to close on November 8, 2021, subject to customary closing conditions. The Company has applied to list the Notes on Nasdaq under the symbol “FOSLL” and expects the Notes to begin trading within 30 business days of the closing date of the offering, if approved. The Company expects to use...

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Update: SWM ANNOUNCES THIRD QUARTER 2021 RESULTS

Alpharetta, Nov. 03, 2021 (GLOBE NEWSWIRE) — Schweitzer-Mauduit International, Inc. (“SWM” or the “Company”) (NYSE: SWM) reported earnings results for the three month and nine month periods ended September 30, 2021. Adjusted measures are reconciled to GAAP at the end of this release.  Financial and operating comparisons are versus the prior year period.  Figures may not sum to total due to rounding.  Definitions: Advanced Materials & Structures (AMS), Engineered Papers (EP), low ignition propensity (LIP), “organic” – pro forma for Tekra acquisition that closed in March 2020, and excludes benefit of Scapa acquisition in April 2021 Third Quarter 2021 Financial Results SummaryContinued strong demand in AMS, highlighted by 10% organic sales growth, offset by escalating input cost inflation...

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Digital Health Acquisition Corp. Prices $100 Million Initial Public Offering

New York, New York, Nov. 03, 2021 (GLOBE NEWSWIRE) — Digital Health Acquisition Corp., a newly organized blank check company formed as a Delaware corporation, today announced the pricing of its initial public offering of 10,000,000 units at an offering price of $10.00 per unit, with each unit consisting of one share of common stock and one redeemable warrant. Each warrant will entitle the holder thereof to purchase one share of common stock at $11.50 per share. The units are expected to trade on The Nasdaq Global Market (“Nasdaq”) under the ticker symbol “DHACU” beginning November 4, 2021. Digital Health Acquisition Corp. expects the initial public offering to close on November 8, 2021, subject to customary closing conditions. Once the securities comprising the units begin separate trading, the common stock and the warrants are...

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Comstock Appoints Ivy Zelman to Board of Directors

Founder of Zelman & Associates, The Leading Housing Research and Investment Banking Firm In America Joins Company as Comstock Accelerates Growth of Institutional Venture Platform RESTON, Va., Nov. 03, 2021 (GLOBE NEWSWIRE) — Comstock Holding Companies Inc. (NASDAQ: CHCI) announced today the appointment of Ivy Zelman to its Board of Directors. Ms. Zelman will serve as a member of the Board for an initial term extending through the Company’s 2024 Shareholder’s Meeting and will provide additional tactical consulting services pursuant to a special consulting arrangement related to Comstock’s Institutional Venture Platform and strategic growth initiatives. Ivy Zelman is a highly regarded and sought-after expert on the housing sector with years of experience providing insightful research and analysis of homebuilders, for-rent multi-family...

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Calibre Reports Strong Third Quarter and Year-to-Date 2021 Results, on Track to Achieve Upper End of 2021 Production Guidance, Advancing Acquisition of Fiore Gold Creating a Diversified, Americas-Focused, Growing Mid-Tier Gold Producer

VANCOUVER, British Columbia, Nov. 03, 2021 (GLOBE NEWSWIRE) — Calibre Mining Corp. (TSX: CXB; OTCQX: CXBMF) (“Calibre” or the “Company”) announces financial and operational results for the three and nine months ended September 30, 2021. The interim consolidated financial statements and management discussion and analysis can be obtained from www.sedar.com and the Company’s website, www.calibremining.com. All figures are expressed in U.S. dollars. Q3 2021 MILESTONES AND HIGHLIGHTSGold production of 44,579 ounces; Gold sales of 44,471 ounces generating $79.2 million in revenue at an average realized price(1) of $1,781 per ounce; Net income of $15.0 million with basic net income per share of $0.04; Cash on hand of $72.9 million at September 30, 2021, an increase of $6.6 million from Q2 2021; Consolidated Total Cash Costs(1) and All-in...

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Hudbay Announces Third Quarter 2021 Results

TORONTO, Nov. 03, 2021 (GLOBE NEWSWIRE) — Hudbay Minerals Inc. (“Hudbay” or the “company”) (TSX, NYSE:HBM) today released its third quarter 2021 financial results. All amounts are in U.S. dollars, unless otherwise noted. Third Quarter Operating and Financial ResultsGenerated $359.0 million in revenue, $103.5 million of operating cash flow before change in non-cash working capital and $119.3 million of adjusted EBITDAi in the third quarter of 2021 from higher realized base metals prices and higher gold sales volumes, partially offset by lower base metals sales volumes. Consolidated copper production in the third quarter was 23,245 tonnes; quarterly consolidated gold production increased by 35% to 53,872 ounces in the third quarter, compared to the second quarter in 2021, a record for Hudbay. Consolidated cash cost and sustaining...

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Millicom announces the Nomination Committee ahead of the 2022 Annual General Meeting

Millicom announces the Nomination Committee ahead of the 2022 Annual General Meeting Luxembourg, November 3, 2021 – In accordance with the resolution of the 2021 Annual General Meeting of Millicom International Cellular S.A. (“Millicom”), the Nomination Committee has been formed in consultation with the largest shareholders as of the last business day of June 2021. The Nomination Committee comprises representatives of four shareholders that represent the largest shareholders in Millicom that have chosen to appoint members; Jan Andersson, appointed by Swedbank Robur; John Hernander, appointed by Nordea Investment Funds; Peter Guve, appointed by AMF Pensionsförsäkring AB; and Staley Cates, appointed by Southeastern Asset Management, as well as the Chairman of Millicom’s Board of Directors, José Antonio Ríos García. At the first meeting of...

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Stella-Jones announces execution of definitive agreement to acquire Cahaba Timber

MONTREAL, Nov. 03, 2021 (GLOBE NEWSWIRE) — Stella-Jones Inc. (TSX: SJ) (“Stella-Jones” or the “Company”) announced today that it has entered into a definitive agreement to purchase the shares of Cahaba Timber, Inc. (“Cahaba Timber”) through its U.S. subsidiary for US$36.5 million, including working capital, which is currently estimated at US$4 million. Cahaba Timber is a well-established producer of treated poles and pilings, primarily using CCA, CCA ET Clear and CCA ET Brown and engages in raw material procurement at its treating operations in Brierfield, Alabama. Cahaba Timber’s sales for the year ended December 31, 2020 reached approximately US$41 million. “The acquisition of Cahaba Timber will allow Stella-Jones to enhance its offerings in the North American wood treating industry and is consistent with our objective of continuing...

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Stella-Jones signs agreement to purchase Cahaba Pressure Treated Forest Products

MONTREAL, Nov. 03, 2021 (GLOBE NEWSWIRE) — Stella-Jones Inc. (TSX: SJ) (“Stella-Jones” or the “Company”) today announced that it has entered into an agreement to purchase the shares of Cahaba Pressure Treated Forest Products, Inc. (“Cahaba Pressure”) through its U.S. subsidiary for US$66 million, including working capital, which is currently estimated at US$8 million. Cahaba Pressure manufactures, distributes and sells treated and untreated wood poles, crossties and posts and provides custom treating services, primarily utilizing creosote, copper naphthenate and pentachlorophenol at its wood treating facility in Brierfield, Alabama. The consolidated sales for the year ended December 31, 2020 totaled approximately US$56 million. “This acquisition will enhance Stella-Jones’ offerings and expand our capability to supply the needs...

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