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Month: January 2022

Platinex Announces Expansion of W2 Copper-Nickel-PGE Project

EXPANSION OF W2 COPPER-NICKEL-PGE PROJECT W2 Property Total Magnetic Intensity TORONTO, Jan. 27, 2022 (GLOBE NEWSWIRE) — Platinex Inc. (CSE: PTX) (Frankfurt: 9PX) (“Platinex” or the “Company”) is pleased to announce that its wholly owned subsidiary, Endurance Elements Inc. (“Endurance Elements”) has acquired, through low-cost claim staking, 198 mining claims contiguous with existing claims at the W2 Copper-Nickel-PGE Project (the “W2 Project” or “W2”) in Ontario’s Ring of Fire (see press release dated January 17, 2022). The new claims cover 3,897 hectares (39.0 km2) and represent a 42.7% increase in the total W2 land package which now stands at 13,031 hectares (130.3 km2). The new claims cover potential mineralized extensions of Cu-Ni-PGE targets within the existing W2 land package. The targets described below are...

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Intema signs definitive share purchase agreement to acquire Livestream Gaming Ltd

Final step towards obtaining final regulatory approval and closing the transaction MONTREAL, Jan. 27, 2022 (GLOBE NEWSWIRE) — Intema Solutions Inc. (“Intema” or the “Corporation”) (TSXV: ITM, OTCMKTS: ITMZF) is pleased to announce the signing of a definitive share purchase agreement dated January 27, 2022 with Livestream Gaming Ltd, Belize (“Livestream”) with respect to a proposed transaction (the “Transaction”), whereby Intema will acquire all of the issued and outstanding securities in the capital of Livestream (the “Livestream Securities”). Livestream is a private corporation which owns LOOT.BET, a licensed server-based real-money gaming platform and a top brand in the world of esports betting. Pursuant to the Transaction, Intema will acquire all of the issued and outstanding Livestream Securities for a consideration of $14,750,000...

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AVCtechnologies Announces Definitive Agreement to Divest Computex Technology Solutions to Focus on Kandy Platform

The sale will also further strengthen AVCtechnologies’ financial position ATLANTA, Jan. 27, 2022 (GLOBE NEWSWIRE) — American Virtual Cloud Technologies, Inc. (“AVCtechnologies” or the “Company”) (Nasdaq: AVCT), a trusted partner providing best-in-class cloud-based solutions to global enterprise customers, today announced it has executed a definitive agreement to sell its Computex Technology Group (Computex) business to Calian Group Ltd. (Calian) (TSX: CGY), which will complete AVCtechnologies’ transition to a pure-play cloud communications and collaboration company, centered on its premium Kandy platform. The proceeds from the sale along with use of cash on hand are expected to leave AVCtechnologies debt-free and allow long-term value creation for its shareholders. AVCtechnologies’ recently completed share registration related...

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Dynacor Declares February 2022 Monthly Dividend

Unaudited sales of gold for December came in at US$15.8 million or CDN$20.2 million, giving a total of US$195.9 million or CDN$245.6 million for the year, an increase of 93% year-over-year. MONTREAL, Jan. 27, 2022 (GLOBE NEWSWIRE) — Dynacor Gold Mines Inc. (TSX: DNG) (Dynacor or the Corporation) announced its monthly dividend. The declaration of a dividend payment of C$0.0083 per common share will be payable on February 17, 2022, to shareholders of record as of the close of business on February 9, 2022. This dividend represents the twenty-third (23rd) dividend and (13th) thirteenth monthly payment made to shareholders. The Corporation’s monthly dividend qualifies as an “eligible dividend” for Canadian income tax purposes. The payment and increase of dividends are at the discretion of the Board and will depend...

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HMS Networks AB completes repurchase of shares

HMS Networks AB (publ) has during the period October 26, 2021 – January 26, 2022, repurchased in total 81,000 own shares (ISIN SE0009997018) within the buyback program initiated by the Board of Directors in order to secure HMS’ obligations to deliver performance shares according to HMS’ Share Saving Plan. The weighted average price for the shares repurchased during the period amounts to SEK 464.22 per share. HMS Networks’ holdings of own shares amounts to 238,571 after the repurchase. The total number of outstanding shares in the company is 46,818,868. The repurchase has been made on Nasdaq Stockholm. For more information, please contact:Staffan Dahlström, CEO HMS, +46 (0)35 17 29 01Joakim Nideborn, CFO HMS, +46 (0)35 710 6983 HMS Networks AB (publ) is a market-leading provider of solutions in industrial information and communication technology...

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Currency Exchange International Announces Financial Results for the Three-Month Period and Fiscal Year Ended October 31, 2021

TORONTO, Jan. 27, 2022 (GLOBE NEWSWIRE) — Currency Exchange International, Corp. (the “Company”) (TSX: CXI; OTCBB: CURN), announces its financial results and management’s discussion and analysis (“MD&A“) for the three months and year ended October 31, 2021 (all figures are in U.S. dollars except where otherwise indicated). The complete financial statements and MD&A can be found on the Company’s SEDAR profile at www.sedar.com. On March 11, 2020 the World Health Organization (“WHO”) officially declared COVID-19, the disease caused by a novel coronavirus, a pandemic. Measures enacted to curtail COVID-19 by various governments have significantly impacted travel and tourism, and therefore the demand for foreign currencies. The Company has experienced a material decline in revenue as a result. While...

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BoligPortal A/S signs agreement to acquire Boligmanager ApS

Announcement no. 1-2022 27 January 2022 BoligPortal, a subsidiary of North Media, has acquired 51% of the shares in Boligmanager ApS, a company developing property management software solutions on SaaS terms. The transaction marks an important step in BoligPortal’s transition to becoming a diversified home rentals platform. Boligmanager has developed and launched a digital housing and property management system. The system enables landlords to manage, among other things, contracts, deposits, billings and payments, arrears, utility accounts, VAT, communication with tenants and bookkeeping at tenant/property level. This is a full-scale digital solution, and bookkeeping entries are integrated with e-economic and other online accounting software. The SaaS products are available as monthly subscriptions. The founders of Boligmanager, Michael...

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PureGold Announces Equity Financings for Total Proceeds of C$25 Million; AngloGold Ashanti Proposes to Increase Ownership to 19.9%

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES VANCOUVER, British Columbia, Jan. 27, 2022 (GLOBE NEWSWIRE) — Pure Gold Mining Inc. (TSX-V:PGM, LSE:PUR) (“PureGold” or the “Company”), is pleased to announce that it has entered into an agreement with National Bank Financial Inc., as lead underwriter, on behalf of a syndicate of underwriters including Clarus Securities Inc. (collectively, the “Underwriters”) and with Tamesis Partners LLP acting as special selling agent in the UK and Europe, under which the Underwriters have agreed to purchase, on a bought deal private placement basis, 16,989,000 common shares of the Company at a price of C$0.53 (“Offering Price”) per share for gross proceeds of C$9,004,170 (“Brokered Offering”). The Company has also granted the Underwriters an option...

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Dentons Joins IBI Group-Led Smart City Sandbox

Global law firm joins Microsoft, Multiplex, The Weather Network and other partners in smart city collaboration TORONTO, Jan. 27, 2022 (GLOBE NEWSWIRE) — Global multinational law firm, Dentons, announced today that it has joined the IBI Group-led (TSX:IBG) Smart City Sandbox. The Sandbox is a group of like-minded public- and private-sector partners — including IBI Group, Ontario Power Generation, Ontario Centre of Innovation, Multiplex, The Weather Network, Slate Asset Management, EllisDon and Microsoft as technology provider — with a mission to foster innovative new products and solutions focused on improving the quality of life in urban environments. With its commitment to developing equitable solutions for sustainable and prosperous cities and communities, Dentons looks forward to offering its expertise in advising organizations...

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DigitalAMN Extinguishes Close to 45% of Remaining Convertible Notes

Eliminating Convertible Notes Helps to Reduce Overall Debt Obligations By Approximately 20% NEW YORK, Jan. 27, 2022 (GLOBE NEWSWIRE) — Digital Asset Monetary Network, Inc. (“DigitalAMN” or the “Company”) (OTCMKTS: DATI), a Public Accelerator-Incubator (“PAI”), announced today, that DigitalAMN kicked off the year by eliminating roughly 45% ($387,000) of the Company’s remaining convertible debt. This equates to an overall debt reduction of approximately 20%. “As of now, we have $483,933 of convertible debt remaining, all fixed at a minimum conversion price of $0.35 (the “Floor Price”),” stated Ajene Watson, CEO of Digital Asset Monetary Network. “Creating an environment conducive to a substantive capital raise has long been the goal of reducing the Company’s debt and implementing methods that would stave off toxic dilution. And now...

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