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Day: June 7, 2022

GlobalData Plc: Modernization Initiatives to Fuel Naval Vessels and Surface Combatants Market Growth

The global naval vessels and surface combatants market size is valued at $38.7 billion in 2022. LONDON, June 07, 2022 (GLOBE NEWSWIRE) — The naval vessels and surface combatants market is expected to grow at a CAGR of more than 3% during the forecast period, 2022-32. The North American region, supported by the US Navy’s multi-year procurement programs, is expected to maintain its leading position globally, exhibiting a steady pace of growth over the forecast period. Modernization drives initiated by leading countries across the globe to project naval power and increase regional influence will drive naval vessels and surface combatants market growth over the next decade. The Naval Vessels and Surface Combatants Market Research Report 2022-2032 offered by GlobalData Plc covers industry analysis including the key market drivers, trends,...

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Fireweed Zinc Acquires Mactung Tungsten Project

Expands Critical Minerals PortfolioLocation of Macmillan Pass and Mactung Projects Figure 1. Location Map: Macmillan Pass and Mactung properties.VANCOUVER, British Columbia, June 07, 2022 (GLOBE NEWSWIRE) — FIREWEED ZINC LTD. (“Fireweed” or the “Company”) (TSXV: FWZ; OTCQB: FWEDF) is pleased to announce the signing of a binding Letter of Intent (LOI) for the acquisition of 100% interest in the Mactung Tungsten Project located in Yukon and Northwest Territories, Canada, immediately adjacent to its Macmillan Pass Zinc-Lead-Silver Project. HighlightsMactung is one of the largest and highest-grade tungsten deposits in the world and one of the few potential sources of scale for this critical metal outside of China. Approximately 38,000 m of historic drilling1 outlined a large, high-grade tungsten resource and produced a positive...

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VoIP-Pal Receives Favorable Claim Construction Ruling in its Patent Infringement Cases Against Amazon, Verizon and T-Mobile

The cases have moved to the discovery phase; a jury trial is expected in about twelve months WACO, Texas, June 07, 2022 (GLOBE NEWSWIRE) — VoIP-Pal.com Inc. (“VoIP-Pal”, “Company”) (OTCQB: VPLM) is pleased to announce the Company has received a favorable ruling in the Claim Construction Hearing that was held on June 3, 2022 in in the U.S. District Court for the Western District of Texas (WDTX) in VoIP-Pal’s cases versus Amazon.com, Inc., et al., 6:21-cv-668, Verizon Communications, Inc., et al., 6:21-cv-672, and T-Mobile USA, Inc., 6:21-cv-674. In a final order issued by Judge Alan Albright, the Court has adopted a majority of VoIP-Pal’s proposed constructions for most of the terms in dispute in the litigation. The Court’s order has been posted on the Company’s website www.voip-pal.com and can be accessed here. With the conclusion...

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Adevinta ASA (ADE) – Notice of Annual General Meeting 2022

Oslo, 7 June 2022: The annual general meeting of Adevinta ASA (“Adevinta” or the “Company”) will be held on 29 June 2022 at 15:00 CEST. The general meeting will be held as a digital meeting only, with no physical attendance for shareholders. Information about log-in details for the meeting and all documents to be processed in the meeting are available in the attached calling notice and on the Company’s website www.adevinta.com. This information is subject to disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act. *** IR contact Marie de Scorbiac Head of Investor Relations T: +33 (0) 6 84 30 52 76 ir@adevinta.com (mailto:ir@adevinta.com) Anne-Sophie Jugean Investor Relations Manager ir@adevinta.com (mailto:ir@adevinta.com)   About Adevinta Adevinta is a leading online classifieds...

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Schouw & Co. share buy-back programme, week 22 2022

On 27 December 2021, Schouw & Co. initiated a share buy-back programme as outlined in Company Announcement no. 10 of 21 December 2021. Under the programme, Schouw & Co. will acquire shares for up to DKK 350 million during the period 27 December 2021 to 30 December 2022. The buy-back will be structured in accordance with Regulation (EU) No. 596/2014 of the European Parliament and of the Council of 16 April 2014 on market abuse (MAR) and the Commission’s delegated regulation (EU) 2016/1052 of 8 March 2016 (“Safe Harbour” rules).Trading day No. of shares Average price Amount    Accumulated until 27/5/2022 306,626 556.16 170,532,293    Monday, 30 May 2022 0 0.00 0    Tuesday, 31 May 2022 3,055 530.71 1,621,313    Wednesday, 1 June 2022 2,130 522.19 1,112,273    Thursday,...

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Buybacks of shares in Bilia AB during week 22, 2022

During the period between June 1-3, 2022 Bilia AB (LEI code 2138002GW5WN1UYZA032) has repurchased in total 94,670 own shares (ISIN SE0009921588 ) as part of the buyback program initiated by the Board of Directors in order to optimize the company’s capital structure. The share buybacks form a part of the buyback program of a maximum of 800,000 shares for a total maximum amount of SEK 100 M, which Bilia AB announced on May 10, 2022. The buyback program, which runs between June 1, 2022 until the next AGM 2023, is being carried out in accordance with the Market Abuse Regulation (EU) No 596/2014 (”MAR”) and the Commission Delegated Regulation (EU) No 2016/1052 (the ”Safe Harbour Regulation”). The objective of the share buybacks is to optimize the company’s capital structure. Shares in Bilia AB have been repurchased (in SEK) as follows:Date...

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Seaway 7 awarded preferred supplier status for Seagreen 1A

Luxembourg – 7 June 2022 – Subsea 7 S.A. (Oslo Børs: SUBC, ADR: SUBCY) today announced that Seaway 7 ASA1 has been selected by Seagreen 1 Limited as a preferred supplier for the Seagreen 1A offshore wind project, offshore Scotland. Seagreen 1A lies adjacent to the existing Seagreen project that Seaway 7 is currently progressing and represents approximately 500MW of additional renewable energy generation capacity. Seaway 7’s scope of work is under final negotiation and may include the full engineering, fabrication, transport and installation of 36 foundations, transportation and installation of the offshore substation and the procurement and installation of inner-array cables. Execution of the scope will be led from Seaway 7’s Aberdeen office. The project is expected to commence in 2023 with offshore work commencing in late 2024 and...

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Community Bank of the Bay Completes $119.4 Million Capital Raise; US Treasury makes Preferred Stock investment

OAKLAND, Calif., June 07, 2022 (GLOBE NEWSWIRE) — Bay Community Bancorp, (OTC Pink: CBOBA) (the “Company”), announced today that its wholly-owned subsidiary, Community Bank of the Bay, (the “Bank”) a San Francisco Bay Area commercial bank and California’s first FDIC insured Community Development Financial Institution (“CDFI”) with full-service offices in Oakland, Danville and San Mateo, completed a $119.4 million investment from the US Treasury Department. Treasury’s investment, made under the Emergency Capital Investment Program (“ECIP”), is in the form of non-cumulative Senior Perpetual Preferred Stock. For the first two years from the date of issuance of the Senior Perpetual Preferred Stock the dividend rate shall be zero percent (0%) per annum, and thereafter dividend payments begin accruing with a maximum dividend rate of...

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CORRECTION — First Massive Sulphide Intercept From Romanera Deposit Drill Campaign, Increased to Six Diamond Drills on Romanera

Figure 1 Plan map showing the location of first six drill holes at Romanera.Figure 2 Cross section showing the location of drill hole LR002 along with results from historical drill holes located close to it. The earlier drill holes by previous operators were not assayed for gold. Holes LR 001, 003, 004 on this section should be through the target zone in the coming days.Figure 3 Photo of a section of the massive sulphide intercept in hole LR002. Visual inspection of the core identifies the zone as comprising more than 95% sulphide minerals sphalerite, galena, chalcopyrite with pyrite gangue.Figure 4 Planned drill program for the Romanera Deposit overlain on block model developed from historical drill hole data base. Existing drilling all occurs within the mineralized blocks and the deposit is open for expansion to the...

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Synchronoss Technologies Announces Settlement of Previously Disclosed Securities and Exchange Commission Matter

BRIDGEWATER, N.J., June 07, 2022 (GLOBE NEWSWIRE) — Synchronoss Technologies, Inc. (“Synchronoss” or the “Company”) (Nasdaq: SNCR), a global leader and innovator in cloud, messaging and digital products and platforms, today announced the successful resolution of the legacy investigation by the U.S. Securities and Exchange Commission (“SEC”) regarding the Company’s restatement of selected financial data from 2013 to 2016. In 2018, the Company restated the transactions at issue in that investigation. In connection with the settlement, the Company neither admitted nor denied the SEC’s allegations. Under the terms of the settlement between Synchronoss and the SEC, Synchronoss has agreed to pay a civil penalty in the amount of $12.5 million in equal quarterly installments over two years. The expense associated with this settlement has...

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