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Year: 2021

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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Nyxoah Announces Participation in the Stifel 2021 Virtual Healthcare Conference

Nyxoah Announces Participation in the Stifel 2021 Virtual Healthcare Conference Mont-Saint-Guibert, Belgium. – November 3, 2021, 10:30 pm CET / 4:30 pm ET – Nyxoah SA (Euronext Brussels/Nasdaq: NYXH)(“Nyxoah” or the “Company”), a medical technology company focused on the development and commercialization of innovative solutions to treat Obstructive Sleep Apnea (OSA), today announced that Olivier Taelman, Chief Executive Officer, will participate at the Stifel 2021 Virtual Healthcare Conference on Monday, November 15, 2021, with a virtual fireside chat at 4:00 pm CET/10:00 am ET. A live webcast and replay of the fireside chat will be available on the Company’s investors relations website at https://investors.nyxoah.com/ About NyxoahNyxoah is a medical technology company focused on the development and commercialization of innovative...

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Parex Announces 2022 Budget Guidance and Provides Update to its Return of Capital Strategy

CALGARY, Alberta, Nov. 03, 2021 (GLOBE NEWSWIRE) — Parex Resources Inc. (“Parex” or the “Company”) (TSX:PXT), is a company headquartered in Calgary, Alberta that focuses on sustainable, conventional oil and gas production. All amounts herein are in United States Dollars (“USD”) unless otherwise stated. Parex is pleased to announce its 2022 budget guidance and provide an update to its framework for returning capital to shareholders. Imad Mohsen, President and CEO of Parex commented: “One of the elements that attracted me most to join Parex in early 2021 was the depth and quality of the Company’s development, appraisal, and exploration portfolio in Colombia. We are excited to move forward with a plan that materially expands the boundaries of our current development properties while also unlocking substantial new opportunities...

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Finnovate Acquisition Corp. Announces Pricing of $150,000,000 Initial Public Offering

New York, Nov. 03, 2021 (GLOBE NEWSWIRE) — Finnovate Acquisition Corp. (Nasdaq: FNVTU) (the “Company”), a blank-check company formed for the purpose of acquiring or merging with one or more operating businesses, today announced the pricing of its initial public offering of 15,000,000 units at a price of $10.00 per unit, for gross proceeds to the Company of $150,000,000. The Company’s units will be listed on the Nasdaq Global Market under the symbol “FNVTU” and are expected to begin trading on November 4, 2021. Each unit issued in the offering consists of one share of the Company’s Class A common stock and three-quarters of one redeemable warrant. Each whole warrant is exercisable for one share of Class A common stock at an exercise price of $11.50 per share. Once the securities comprising the units begin separate...

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Parex Announces Q3 2021 Results: Significant Free Cash Flow and Special Cash Dividend of CAD$0.25/share

CALGARY, Alberta, Nov. 03, 2021 (GLOBE NEWSWIRE) — Parex Resources Inc. (“Parex” or the “Company”) (TSX:PXT), a company headquartered in Calgary, Alberta that focuses on sustainable, conventional oil and gas production, is pleased to announce its unaudited financial and operating results for the three months ended September 30, 2021 (“Third Quarter” or “Q3”). All amounts herein are in United States Dollars (“USD”) unless otherwise stated. Key HighlightsParex’ board of directors (“Board”) approves a dividend for the fourth quarter of 2021 in the amount of CAD$0.125 per common share, to be payable on December 31, 2021 to shareholders of record as of December 15, 2021. The Board also approves a special cash dividend in the amount of CAD$0.25 per common share, to be payable on November 22, 2021 to shareholders of...

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Firm Capital Property Trust Announces the Acquisition of a Multi-Residential Building Comprised of 135 Units for $55.0 Million

TORONTO, Nov. 03, 2021 (GLOBE NEWSWIRE) — Firm Capital Property Trust (“FCPT” or the “Trust“) (TSXV: FCD.UN) is pleased to announce the acquisition of a multi-residential building consisting of 135 units located in Pointe Claire, Quebec on the Island of Montreal (the “Property”). The acquisition price for the Property is approximately $55.0 million (excluding transaction costs). Completed in 2021, the condo quality nine floor building contains 11 one-bedroom units, 114 two-bedroom units and 10 three-bedroom units, as well as a roof top terrace, indoor pool and exercise room. The Property is a Class A asset located within the Pointe Claire City Centre neighbourhood which features access to public transit, several schools, medical clinics, gyms, daycares and a variety of popular amenities. The Property will...

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