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Year: 2021

Philips completes cancellation of 33.5 million shares

December 29, 2021 Amsterdam, the Netherlands – Royal Philips (NYSE: PHG; AEX: PHIA) today announced that it has completed the cancellation of 33.5 million of its shares. Philips’ current issued share capital amounts to EUR 176,779,793.80 representing 883,898,969 common shares. The cancelled shares include 20.5 million shares acquired under the EUR 1.5 billion share repurchase program* that was initiated in the first quarter of 2019, and is now completed. The cancelled shares further include 13.0 million shares that Philips acquired under the ongoing EUR 1.5 billion share buyback program* that was announced on July 26, 2021. These shares were acquired through open market purchases in the fourth quarter of 2021. In the third quarter of 2021, Philips had already entered into a number of forward transactions, covering approximately half of...

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Gilat Signs Multi-Million Dollar Deal to Modernize and Expand Satellite Communications in Eurasia for Multiple Applications

Gilat’s SkyEdge II-c was chosen as the platform to enhance maritime, land mobility, and consumer applications PETAH TIKVA, Israel, Dec. 29, 2021 (GLOBE NEWSWIRE) — Gilat Satellite Networks Ltd. (Nasdaq: GILT, TASE: GILT), a worldwide leader in satellite networking technology, solutions and services, announced today that one of the largest satellite service providers in Eurasia, has chosen Gilat as the baseband vendor for its satellite network. The companies signed a multi-million-dollar deal that includes the provisioning of Gilat’s SkyEdge II-c platform, which will be used to modernize and expand satellite communications throughout the region for a variety of applications including maritime, land mobility and consumer coverage. Throughout this expansion and modernization, the old equipment will be replaced and legacy...

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Stone Gold Inc. Announces Closing of Second and Final Tranche of Non-Brokered Private Placement

NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES TORONTO, Dec. 29, 2021 (GLOBE NEWSWIRE) — Stone Gold Inc. (TSX-V: STG) (“Stone Gold” or the “Company“) is pleased to announce that, in connection with its previously announced non-brokered private placement on December 14, 2021 (the “Offering”), the Company is closing the second and final tranche (“Second Tranche”) of the Offering. The Offering is comprised of the sale of a combination of flow-through units of the Company (“FT Units”) at a price of $0.12 per FT Unit and hard-dollar units of the Company (“HD Units”) at a price $0.10 per HD Unit (the “Offering”). The First tranche (the “First Tranche”) consisted of the sale of 2,384,999 FT Units and 1,450,000 HD Units for aggregate gross proceeds of $431,199.88...

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SOPHiA GENETICS to Present at the 40th Annual J.P. Morgan Healthcare Conference

BOSTON and LAUSANNE, Switzerland, Dec. 29, 2021 (GLOBE NEWSWIRE) — SOPHiA GENETICS SA (Nasdaq: SOPH), announced today Chief Executive Officer and Co-Founder Dr. Jurgi Camblong and Chief Financial Officer Ross Muken, will participate in the upcoming 40th Annual J.P. Morgan Healthcare Conference. The virtual presentation will begin at 8:15 a.m. ET/2:15 p.m. CET on Tuesday, January 11, 2022 and will be available live and archived on SOPHiAGENETICS.COM, in the Investor Relations section. About SOPHiA GENETICS SOPHiA GENETICS (Nasdaq: SOPH) is a healthcare technology company dedicated to establishing the practice of data-driven medicine as the standard of care and for life sciences research. It is the creator of the SOPHiA DDM™ Platform, a cloud-based SaaS platform capable of analyzing data and generating insights from complex multimodal...

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Electric Last Mile Solutions Announces Product and Tech Exhibit at CES

ELMS to showcase all-electric Urban Delivery and Urban Utility commercial vehicles and its ELMS Air telematics solution CEO James Taylor and ELMS executive leadership on-site to discuss fleet tech solutions and commercial vehicle capabilitiesTROY, Mich., Dec. 29, 2021 (GLOBE NEWSWIRE) — Electric Last Mile Solutions, Inc. (Nasdaq: ELMS; ELMSW) (“ELMS” or “the Company”), a pioneer of electric and intelligent mobility solutions for commercial vehicle customers, today announced it is hosting an exhibit at the Consumer Electronics Show (CES). The exhibit will display both of ELMS’ all-electric commercial vehicles – the Class 1 Urban Delivery and Class 3 Urban Utility. ELMS will also be sharing its ELMS Air telematics solution that will be equipped in all its vehicles. The ELMS Urban Delivery is the first and only Class 1 commercial...

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Tekcapital Plc Provides Update on Portfolio Company Salarius, Ltd.

Appointment of Rick Guiney as CEO of MicroSalt Inc. London, United Kingdom, Dec. 29, 2021 (GLOBE NEWSWIRE) — Tekcapital Plc (AIM: TEK), (OTCQB: TEKCF) the UK intellectual property investment group focused on creating valuable products from investing in university technology that can improve people’s lives, is pleased to announce that Salarius’ U.S. subsidiary MicroSalt Inc. (MicroSalt) has appointed Rick Guiney as CEO. Rick has more than 35 years of experience in the food industry, including 30+ years as President & CEO of Classic Snacks, Inc., where he pioneered the ground-up development of the business and transformed it into a market-leading direct distribution company in the food industry. Classic Snacks was included on the Inc. 500 Fastest Growing Company List, and quickly became a nationwide snack food packager and distributor...

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Lifeist Wellness Inc. Issues Long Term Incentives

TORONTO, Dec. 29, 2021 (GLOBE NEWSWIRE) — Lifeist Wellness Inc. (“Lifeist” or the “Company”) (TSXV: LFST) (FRANKFURT: M5B) (OTCMKTS: NXTTF), a health-tech company that leverages advancements in science and technology to enable you to find your path to wellness, today announced issuance of long-term incentives in favour of directors, officers and a former director of the Company. The board of directors of the Company (“Board”) recognises that long term incentives, vesting over multiple years, strongly tie individual success with the long-term success of the Company without impacting cash resources. To that end, the Board approved on Friday, December 24, effective after market close, the grant of an aggregate of 229,220 stock options to officers of the Company, which are exercisable into common shares of the Company at a price of...

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Lucira Health and Co-Defend/Co-Protect Announce Expanded Partnership for 2022

Lucira is the only EUA authorized at-home self-test kit that delivers PCR-quality accuracy and early detectability in a single-use test kit with results in 30 minutes Co-Defend and Co-Protect are leading providers of customized health & safety solutions, and testing & advisory services to Entertainment, Federal, State, and Local governments, Fortune 500 companies, and professional sports teams and leaguesEMERYVILLE, Calif., Dec. 29, 2021 (GLOBE NEWSWIRE) — Lucira Health, Inc. (“Lucira”) (Nasdaq: LHDX), a medical technology company focused on the development and commercialization of transformative and innovative infectious disease test kits, announced a new distribution agreement for at least 600,000 tests in 2022 with Co-Defend, Inc. and Co-Protect, LLC, leading providers of customized health, safety, and...

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Atico Mining Enters into an Agreement with the Colombian Government Over El Roble Property Royalty Dispute and Provides Update on the Title Renewal

VANCOUVER, British Columbia, Dec. 29, 2021 (GLOBE NEWSWIRE) — Atico Mining Corporation (the “Company” or “Atico”) (TSX.V: ATY | OTCQX: ATCMF) announces it has entered into an agreement (the “Agreement”) with the National Mining Agency (“NMA”) in Colombia related to the ongoing royalty dispute covering the El Roble property. While the Company has maintained that it has been in good standing with the requirements for a new title, with this agreement the company has formally been brought into good standing by the NMA. As a part of the Agreement, the NMA and the Company have also agreed to settle the dispute via binding arbitration at the Center for Arbitration and Conciliation of the Bogota Chamber of Commerce for the purposes of seeking an expedited resolution to the ongoing claim, which is currently being resolved in Colombian courts...

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Kaixin Auto Holdings Announces Unaudited First Half 2021 Financial Results

BEIJING, Dec. 29, 2021 (GLOBE NEWSWIRE) — Kaixin Auto Holdings (“Kaixin” or the “Company”) (NASDAQ: KXIN), one of the premium imported car and used car platform in China, today announced its unaudited financial results for the six months ended June 30, 2021. First Half of 2021 HighlightsOn June 25, 2021, Kaixin completed a reverse acquisition with Haitaoche Limited (“Haitaoche”). Kaixin acquired 100% of the share capital of Haitaoche in exchange for an aggregate of 74,035,502 ordinary shares of the Company, which resulted in former Haitaoche shareholders and Kaixin shareholders owning in aggregate 51.61% and 48.39%, respectively, of the post-closing outstanding Kaixin ordinary shares (on a fully diluted basis). Haitaoche is deemed to be the accounting acquirer and its assets and liabilities, equity and...

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