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Year: 2021

Significant Exploration Potential and Rapidly Growing Production

TanGold Reports Fourth Quarter and Year End 2021 Results https://www.tangoldcorp.com/investors/presentations-and-videos/default.aspx TORONTO, Nov. 30, 2021 (GLOBE NEWSWIRE) — Tanzanian Gold Corporation (TSX:TNX) (NYSE American:TRX) (TanGold or the Company) today reported its results for the fourth quarter (“Q4 2021”) and year end 2021. Financial results will be available on the Company’s website on or before November 30, 2021. Major Highlights Include:Significant Exploration Potential: Discovery of two new gold bearing shear zones in the Buckreef West and Anfield Zones. Assuming successful exploration results from ongoing diamond drilling, both new zones and the Buckreef Main Zone have the potential to significantly add to the 2.0 million ounces of gold in the measured and indicated mineral resources category and 0.6 million...

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Discovery Silver Reports Preliminary Economic Assessment on Cordero with After-Tax NPV of US$1.2 B, IRR of 38% and Payback of 2.0 Years

Figure 1After-Tax Free Cash FlowFigure 2LOM Production & AISCFigure 3APPENDIX D – LOM MINE PLAN SUMMARYFigure 4APPENDIX E – LOM PROCESS THROUGHPUT SUMMARYFigure 5PHASE 1Figure 6PHASE 2Figure 7APPENDIX H – LONG SECTIONS / CROSS SECTIONSFigure 8LONG SECTION A-A’ (looking NW)Figure 9LONG SECTION B-B’ (looking NW)Figure 10CROSS SECTION C-C’ (looking NE)Figure 11CROSS SECTION D-D’ (looking NE)Figure 12CROSS SECTION E-E’ (looking NE)Figure 13APPENDIX I – SITE LAYOUTTORONTO, Nov. 30, 2021 (GLOBE NEWSWIRE) — Discovery Silver Corp. (TSX-V: DSV, OTCQX: DSVSF) (“Discovery” or the “Company”) is...

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IBC Advanced Alloys Reports Financial Results for the Quarter Ended September 30, 2021

Highlights of the Quarter(unless otherwise noted, all financial amounts in this news release are expressed in U.S. dollars)‘Consolidated revenue jumps 60% QoQ Engineered Materials (“EM”) division sales up 189% QoQ as semiconductor industry demand continues to grow Company generates $208,000 in Adjusted EBITDA1 for quarter Consolidated gross margin continues to strengthen New state-of-the-art Copper Alloy foundry nears completion Consolidated loss of ($0.01) for the quarterFRANKLIN, Ind., Nov. 30, 2021 (GLOBE NEWSWIRE) — IBC Advanced Alloys Corp. (“IBC” or the “Company”) (TSX-V: IB; OTCQB: IAALF) announces its financial results for the quarter ended September 30, 2021. “Sales in the quarter continued to strengthen across both of our operating divisions, with Engineered Materials division sales jumping 189%, Copper Alloys division...

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Baozun Announces Third Quarter 2021 Unaudited Financial Results

SHANGHAI, China, Nov. 30, 2021 (GLOBE NEWSWIRE) — Baozun Inc. (Nasdaq: BZUN and HKEX: 9991) (“Baozun” or the “Company”), the leading brand e-commerce service partner that helps brands execute their e-commerce strategies in China, today announced its unaudited financial results for the third quarter ended September 30, 2021. Third Quarter 2021 Financial HighlightsTotal net revenues were RMB1,898.8 million (US$1294.7 million), an increase of 3.8% year-over-year, of which, service revenues were RMB1,199.1 million (US$186.1 million), an increase of 16.9% year-over-year. Loss from operations was RMB156.5 million (US$24.3 million), compared with income from operations of RMB84.6 million in the same quarter of last year. Operating margin was negative 8.2%, compared with 4.6% in the same quarter of last year. Non-GAAP loss from operations2...

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Bitcoin Self-Miner Griid Infrastructure to List on the NYSE Through Merger With Adit Edtech Acquisition Corp.

Griid Infrastructure LLC (“GRIID”) is a profitable, vertically integrated bitcoin self-mining company with three US-based facilities and planned mining capacity of 734 megawatts (MW) operational by 2023 with a power cost of less than $25/MWh. GRIID anticipates fiscal year 2023 revenue of $1.6 billion. The merger between GRIID and Adit EdTech Acquisition Corp. (“ADEX”) represents a pro forma combined company enterprise value of approximately $3.3 billion. The $246 million of anticipated net transaction proceeds, assuming no redemptions, and an existing $525 million credit facility will be used to fund GRIID’s growth and accelerate scale.CINCINNATI and NEW YORK, Nov. 30, 2021 (GLOBE NEWSWIRE) — Griid Infrastructure LLC (together with GRIID Holdco (as defined below), “GRIID” or the “Company”), a vertically integrated, bitcoin self-mining...

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Prospect Ridge Samples Grades From Megalodon of 117 g/t Gold and 578 g/t Silver, Within a 13.5 km Liner Fault Zone Averaging Over 30m Wide

Figure 1Megalodon and Shock & Awe Location Map (Regional Faults in Black)Figure 2British Columbia terrane map, showing stikinia and selected volcanic-hosted massive sulphide deposits within itFigure 3Multiple Megalodon Samples including Visible GoldVANCOUVER, British Columbia, Nov. 30, 2021 (GLOBE NEWSWIRE) — Prospect Ridge Resources Corp. (the “Company” or “Prospect Ridge“) (CSE: PRR) (OTC: PRRSF) (FRA: OED) is pleased to announce results from recent exploration at the Megalodon zone on the Holy Grail property with rock samples up to 117 grams per tonne gold and 578 grams per tonne silver. The Megalodon showing consists of structurally controlled polymetallic mineralization hosted in a regional fault structure that can be traced for over 10 kilometers...

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Total Consumer Debt Climbs to $2.2 Trillion with Credit Card Spending Up

TORONTO, Nov. 30, 2021 (GLOBE NEWSWIRE) — Whether it’s pent-up consumer demand, lifting of travel restrictions or higher disposable incomes, Canadians are giving their credit cards a workout heading into the holidays according to Equifax Canada’s most recent consumer credit trends and insights report. The average monthly credit card spend per credit card holder is up by 3.9 per cent this quarter when compared to the pre-pandemic period of Q3 2019, which is mostly driven by younger consumers under the age of 35. Growth in spend, however, has not translated into an inability to pay off credit card balances as the average monthly payment per consumer has also increased. For every dollar spent, consumers made payments of $0.97 in the last quarter, meaning the impact to overall card balance is still relatively small. Credit card balances...

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Baozun Announces US$50 Million Share Repurchase Program in addition to the Completed US$125 Million Shares Repurchase Program

SHANGHAI, China, Nov. 30, 2021 (GLOBE NEWSWIRE) — Baozun Inc. (Nasdaq: BZUN and HKEX: 9991) (“Baozun” or the “Company”), the leading brand e-commerce service partner that helps brands execute their e-commerce strategies in China, today announced that, as the Company has already completed its US$125 million share repurchase program announced on May 18, 2021, in addition to the said share repurchase program, its board of directors has authorized a new share repurchase program under which the Company may repurchase up to US$50 million worth of its outstanding (i) American Depositary Shares (“ADSs”), each representing three Class A ordinary shares, and/or (ii) Class A ordinary shares over the next 12 months starting from November 30, 2021. The Company’s proposed repurchases may be made from time to time on the open market at prevailing...

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Genetron Health Reports Third Quarter 2021 Unaudited Financial Results

BEIJING, Nov. 30, 2021 (GLOBE NEWSWIRE) — Genetron Holdings Limited (“Genetron Health” or the “Company”, NASDAQ: GTH), a leading precision oncology platform company in China that specializes in offering molecular profiling tests, early cancer screening products and companion diagnostics development, today reported its unaudited preliminary financial results for the third quarter ended September 30, 2021. Third Quarter and Recent HighlightsFinancials:Recorded total revenue of RMB 152.5 million (US $23.7 million) for the third quarter of 2021, representing a 36.2% increase over the same period of 2020LDT revenue was RMB 93.0 million (US $14.4 million) in the third quarter of 2021, representing 30.2% growth compared to the prior year period IVD revenue was RMB 51.3 million (US $8.0 million) in the third quarter of 2021, representing...

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The Board of Directors of NoHo Partners Plc has resolved to extend the duration of the long-term share-based incentive plan for the key employees and on the third earning period of the long-term incentive plan

NoHo Partners Plc STOCK EXCHANGE RELEASE 30 November 2021 at 11:45 The Board of Directors of NoHo Partners Plc has resolved to extend the duration of the long-term share-based incentive plan for the key employees and on the third earning period of the long-term incentive plan NoHo Partners Plc’s Board of Directors has resolved to amend the terms of the long-term incentive plan for the company’s key employees due to the changes in the company’s business environment caused by the Covid-19 pandemic. The terms of the long-term incentive plan will be amended by extending the duration of the long-term incentive plan by one year until 2024 and adding a new earning period. The establishment of the long-term incentive plan has been announced on 30 November 2018. NoHo Partners Plc’s Board of Directors has resolved on the third...

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