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Year: 2021

Jyseleca®▼(filgotinib) approved in the European Union for the treatment of ulcerative colitis

Mechelen, Belgium; 15 November 2021; 16.45 CET; Galapagos NV (Euronext & Nasdaq: GLPG) announced today that the European Commission has granted marketing authorization for Jyseleca®(filgotinib 200mg tablets) for the treatment of adult patients with moderately to severely active ulcerative colitis (UC). The European Commission approved an additional indication for Jyseleca, an oral, once-daily, JAK1 preferential inhibitor, for adult patients with moderately to severely active UC who have had an inadequate response with, lost response to, or were intolerant to either conventional therapy or a biologic agent. The Commission based its decision on data from the Phase 2b/3 SELECTION program, which evaluated filgotinib as an induction and maintenance therapy in the patient population now included in the label. The SELECTION trial was published...

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TINGO INC. RELEASES THIRD QUARTER RESULTS

Company Continues to See Growth in its NWASSA Payments Platform NEW YORK, Nov. 15, 2021 (GLOBE NEWSWIRE) — via InvestorWire — Tingo Inc., OTC Markets (IWBB) (“Tingo” or the “Company”) filed its quarterly report on Form 10-Q, wherein the Company reported its unaudited financial results for the three and nine months ended September 30, 2021.   On a proforma basis, Tingo Mobile plc, the Company’s wholly-owned subsidiary acquired on August 15, 2021, generated revenues of $177.0 million and $317.5 million, respectively, for the three and nine month periods ended September 30, 2021, and operating income of $82.0 million and $170.2 million, respectively, for these periods.  This compared to total revenues of $45.0 million and $574.7 million, respectively, for the three and nine month periods ended September 30, 2020, and operating...

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Hemp, Inc. Reports: Draft Legislation on Cannabis Reform Creates Surge in Cannabis Stocks

Las Vegas, NV, Nov. 15, 2021 (GLOBE NEWSWIRE) — via NewMediaWire — Hemp, Inc. (OTC PINK: HEMP), one of the global leaders on the forefront of the industrial hemp industry, reports on the recent surge of cannabis stocks after news of a draft bill, known as the States Reform Act, that is set to legalize and tax marijuana.  This news created a surge in the majority of cannabis stocks on Friday, November 12, 2021 with Hemp, Inc.’s stock surging by 13.79 percent. Over 80 million shares were traded, which is a significant increase over its impressive daily trading volume of 50 million shares. According to news sources, Rep. Nancy Mace (R-SC) is leading the preliminary marijuana bill (still being circulated for feedback) and hopes to have a final version officially filed later this month. This is a huge development in the marijuana...

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Worksport Reports 2021 Third Quarter Financial Results and Provides Business Update

Mississauga, Nov. 15, 2021 (GLOBE NEWSWIRE) — Worksport Ltd (Nasdaq-CM: WKSP) (the “Company”) reported financial results for the 2021 third quarter period ended September 30, 2021. Investors are encouraged to read the Company’s quarterly report on Form 10-Q filed with the Securities and Exchange Commission (the “SEC”), which can also be found at www.worksport.com. Third Quarter Highlights:Ended the third quarter with approximately $29.0 million in cash and cash equivalents, it’s largest cash position ever. Secured a 55,000 square foot manufacturing facility essential for the Company’s plans to bring its manufacturing operations back from overseas. Began developing Terravis Energy, Inc., its wholly owned subsidiary that will lead the Company’s alternative energy operations. Appointed Bill Caragol and Ambassador Ned L. Siegel as...

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Sompo International Appoints Mike Reid as Head of Casualty, International Insurance

PEMBROKE, Bermuda, Nov. 15, 2021 (GLOBE NEWSWIRE) — Sompo International Holdings Ltd., a global Bermuda-based specialty provider of property and casualty insurance and reinsurance, announced today the appointment of Mike Reid as Executive Vice President, Head of Casualty, International Insurance. He will be based in London and report to Richard Housley, Chief Underwriting Officer, International Insurance. Julian James, Chief Executive Officer, International Insurance at Sompo International, said: “Mike is the perfect fit for Sompo International; he is experienced, ambitious and entrepreneurial and joins us at a pivotal moment on our growth journey. He will lead an established team that diversifies by product and distribution, including delegated authority solutions to SMEs and an open market book focused on larger clients. Mike...

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PRFoods Audited Consolidated Annual Report 2020/2021

Management Commentary The most difficult year in group history is over. We were attacked from three fronts: from one side the corona crisis caused a situation, where demand for fish products and raw material prices were dropping drastically. This led to decrease in gross margin and revenue. Secondly, we were entering into the crisis with high financial leverage due to recent acquisitions of companies and banks demanded aggressively us to reduce loan portfolio. Third, group previous management of Finland was not able and didn’t want to react to changes, which meant that problems were accumulating in that unit. Dealing with all three crisis at the same time was increasing group loss – we were forced to make decisions, which would not normally have been done. As a result of above, group’s turnover decreased yearly bases 25% to 58.7 million...

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Reliance Global Group Announces Successful Launch of 5MinuteInsure.com in Tennessee

Follows successful launch in MI, AZ, IN & OH; accelerating rollout to additional states in the near term LAKEWOOD, NJ, Nov. 15, 2021 (GLOBE NEWSWIRE) — via NewMediaWire — Reliance Global Group, Inc. (Nasdaq: RELI; RELIW), which combines AI and cloud-based technologies with the personalized experience of a traditional insurance agency, today announced that it has successfully launched 5MinuteInsure.com in Tennessee. Ezra Beyman, CEO of Reliance Global Group, commented, “Our launch of 5MinuteInsure.com in Tennessee follows our recent successful launches in four other states. Having built a powerful foundation for the comparison and purchasing platform with smart technology, 5MinuteInsure.com is able to add more states with minimal setup time. Most importantly, given the policy savings we’ve already witnessed, we look...

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[UPDATED] Singing Machine to Reschedule Second Quarter 2022 Earnings Release and Conference Call

Fort Lauderdale, FL, Nov. 15, 2021 (GLOBE NEWSWIRE) — The Singing Machine Company, Inc. (“Singing Machine” or the “Company”) (OTCQX: SMDM) — the North American leader in consumer karaoke products — today announced that it will reschedule its earnings call and release of its second quarter earnings report from Monday, November 15, 2021 to pre-market opening on Monday, November 22, 2021. The same day Management will host a conference call at 10:00 am Eastern time to discuss the financial results and provide a business update. Conference Call Details: Date: Monday, November 22, 2021Time: 10:00 a.m. ET Dial-in number: (866) 342-8591Conference ID: SMDM An audio rebroadcast of the call will be available later in the day at: http://www.singingmachine.com/investors About The Singing Machine Singing Machine® is the leading provider...

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Empowering Generation Possible: 2021-2022 Ted Rogers Community Grants help hundreds of young British Columbians discover their highest potential

Grants awarded to more communities than ever before to support B.C. organizations Funding supports programs for youth, including those from underserved and equity-seeking groups 70 Ted Rogers Community Grants awarded in province since 2017 VANCOUVER, British Columbia, Nov. 15, 2021 (GLOBE NEWSWIRE) — With opportunity, anything is possible. Today, Rogers Communications announced it has awarded Ted Rogers Community Grants to organizations in British Columbia that are making a meaningful difference in the lives of hundreds of local youth. Through programs in education, skills training, job skills, mentorship and community leadership, these organizations are providing critical supports to help young people achieve their highest potential. With more funding in more communities this year than ever before, Rogers is proud to have awarded...

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Allied Announces November 2021 Distribution

TORONTO, Nov. 15, 2021 (GLOBE NEWSWIRE) — Allied Properties REIT (“Allied”) (TSX:AP.UN) announced today that the Trustees of Allied have declared a distribution of $0.1417 per unit for the month of November 2021, representing $1.70 per unit on an annualized basis. The distribution will be payable on December 15, 2021, to unitholders of record as at November 30, 2021. Allied is a leading owner, manager and developer of (i) distinctive urban workspace in Canada’s major cities and (ii) network-dense urban data centres in Toronto that form Canada’s hub for global connectivity. Allied’s business is providing knowledge-based organizations with distinctive urban environments for creativity and connectivity. FOR FURTHER INFORMATION, PLEASE CONTACT:Michael R. EmoryPresident and Chief Executive Officer(416) 977-9002memory@alliedreit.com Cecilia...

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