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Day: August 17, 2022

MKS Instruments Announces Closing of Atotech Acquisition

Positions MKS to Optimize the InterconnectSM – the Next Frontier for Electronic Device Miniaturization and Complexity Atotech’s leadership in functional and decorative surface finishing will also extend MKS’ product offering for industrial applications and grow market reachANDOVER, Mass., Aug. 17, 2022 (GLOBE NEWSWIRE) — MKS Instruments, Inc. (NASDAQ: MKSI) (“MKS”), a global provider of technologies that enable advanced processes and improve productivity, today announced the completion of the previously announced acquisition of Atotech Limited (NYSE: ATC) (“Atotech”) for approximately $4.4 billion in cash and MKS common stock. Atotech is a global leader in process chemicals, equipment, software and services for printed circuit boards, semiconductor IC packaging, and surface finishing. “The acquisition of Atotech positions MKS...

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SFL – Acquisition of four Suezmax tankers in combination with long term charters

SFL Corporation Ltd. (NYSE: SFL) (“SFL” or the “Company”) announced today that it has agreed to acquire four modern Suezmax tankers in combination with long term time charters to a subsidiary of Koch Industries, a world-leading industrial conglomerate. The vessels are built in 2015 and 2020, respectively, and all four have modern eco-design features including exhaust gas cleaning systems. The aggregate purchase price of the vessels is $222.5 million and the Company expects to take delivery between August and October. The charter period of the vessels will be six years, adding approximately $250 million to SFL’s fixed-rate backlog. The charterer will have a possibility to terminate the charters after three years against a termination fee and also an option to develop a sale of one or more of the vessels from year four of the charter period,...

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Correction: Matas Interim report Q1 2022/23

Company announcement no. 08 2022/23 Allerød, 17 August 2022 Interim report – Q1 2022/23 (1 April – 30 June 2022)   Rising customer traffic drives revenue and earnings growthMatas grew revenue by 3.2% to DKK 1,054 million in Q1 2022/23. EBITDA before special items grew by 3.1% to DKK 192 million reflecting an unchanged EBITDA margin before special items of 18.2%. Profit after tax grew by 27.7% to DKK 69.1 million mainly due to a decline in amortisation, related to the fully amortised Matas Brand Trademark. Matas maintains its guidance for the financial year 2022/23.Gregers Wedell-Wedellsborg, CEO of Matas A/S: “We are pleased to see growth in Q1 driven by our customers shopping more frequently across all of our channels. We are pursuing a strategy of offering consumers a bigger and broader assortment. Therefore, we introduced 21 new...

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21Shares Announces New Hires and Expands to Middle East

New country heads for Germany, France and BeLux are joined by a Head of Middle East,who will lead 21Shares’ market expansion to Dubai and the Middle East Zurich, Switzerland – August 17, 2022 – 21Shares AG (“21Shares”), the world’s largest issuer of cryptocurrency exchange traded products (ETPs), today announced the addition of three new hires across Europe and the Middle East. Sherif El-Haddad, Head of Middle East, Marina Baudéan, Head of France and BeLux, and Oliver Schäfer, Head of Germany, have joined 21Shares, bringing their extensive finance and sales experiences to the company. Sherif El-Haddad joins 21Shares as Head of Middle East based in Dubai, United Arab Emirates – where he will lead 21Shares’ market expansion in the region. El-Haddad previously served as Head of Asset Management at Al Mal Capital. Before...

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WEST MINING COMPLETES INITIAL 2022 DIAMOND DRILLING AT KENA GOLD-COPPER PROJECT, BC

Vancouver, BC, Aug. 17, 2022 (GLOBE NEWSWIRE) — West Mining Corp. (“West” or the “Company”) (CSE: WEST) (OTC: WESMF) is pleased to announce the completion of the initial phase of the 2022 diamond drilling program at the Gold Mountain Zone of its 100% owned Kena Gold-Copper project in southeastern British Columbia.  The over 9000 hectare Kena Project, consists of the Kena, Daylight and Athabasca Properties which trend along a 20 kilometre long mineralized belt. The Kena Property hosts several large gold and copper zones. The Kena Gold and Gold Mountain Zones contain the recent gold resource estimate shells, hosting 2.77 million ounces of gold inferred and 0.56 million ounces of gold indicated at 0.25 g/t cutoff (Bird, 2021; see News Release dated May 11, 2021). New 3D modelling and imagery has identified the current drill targets...

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Half-Yearly Financial Report for the six months to 30 June 2022 and interim dividend

Kenmare Resources plc(“Kenmare” or “the Company” or “the Group”) 17 August 2022         Half-Yearly Financial Report for the six months to 30 June 2022 and interim dividend Kenmare Resources plc (LSE:KMR, ISE:KMR), one of the leading global producers of titanium minerals and zircon, which operates the Moma Titanium Minerals Mine (the “Mine” or “Moma”) in northern Mozambique, today publishes its Half-Yearly Financial Report for the six month period ended 30 June 2022 (“H1 2022”) and announces its interim dividend for 2022. Statement from Michael Carvill, Managing Director: “In H1 2022, strong market conditions for all Kenmare’s products continued, leading to a record average received price of $429 per tonne and supporting record first half revenues. EBITDA increased 28%, resulting in a 30% increase in profit after...

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BioPorto Announces Interim Results for the First Six Months of 2022

August 17, 2022Announcement no. 13 BioPorto Announces Interim Results for the First Six Months of 2022 COPENHAGEN, DENMARK and BOSTON, MA, USA, August 17, 2022, (GLOBE NEWSWIRE) — BioPorto A/S (BioPorto) (CPH:BIOPOR) today announced interim financial results for the first six months of 2022 and business progress for the second quarter of 2022. Recent HighlightsFor the six months ending June 30, 2022:Total revenue of DKK 15.0 million / USD 2.2 million, a 23% increase over the prior year Adjusted EBITDA of DKK (32.4) million / USD (4.8) million Cash and cash equivalents of DKK 107.9 million / USD 15.1 million as of June 30, 2022 (DKK 75.0 million / USD 12.0 million as of June 30, 2021)For the second quarter ending June 30, 2022:Total revenue of DKK 8.5 million / USD 1.2 million, a 29% increase over the prior year Adjusted...

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Proactive news headlines including American Rare Earths, Polymetals Resources, MGC Pharmaceuticals and C29 Metals Ltd

Sydney, Aug. 17, 2022 (GLOBE NEWSWIRE) — Proactive, provider of real-time news and video interviews on growth companies listed in Australia, has covered the following companies:American Rare Earths Ltd (ASX:ARR) has received firm commitments to raise A$14 million via the placement of shares at A$0.29 each. Click here Polymetals Resources Ltd (ASX:POL) has progressed to early-stage mine acquisition discussions with an Australian-based company for the 100% purchase of the project. Click here MGC Pharmaceuticals Ltd (LSE:MXC, OTC:MGCLF, ASX:MXC) has received a new ~US$1 million purchase order for its clinically proven anti-inflammatory product, ArtemiC Rescue, from US-based AMC Holdings, Inc. Click here C29 Metals Ltd (ASX:C29) has been granted two of three remaining exploration licence applications in the highly prospective Olympic...

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BioPorto Announces Interim Results for the First Six Months of 2022

COPENHAGEN, Denmark and BOSTON, Aug. 17, 2022 (GLOBE NEWSWIRE) — BioPorto A/S (BioPorto) (CPH:BIOPOR) today announced interim financial results for the first six months of 2022 and business progress for the second quarter of 2022. Recent HighlightsFor the six months ending June 30, 2022:Total revenue of DKK 15.0 million / USD 2.2 million, a 23% increase over the prior year Adjusted EBITDA of DKK (32.4) million / USD (4.8) million Cash and cash equivalents of DKK 107.9 million / USD 15.1 million as of June 30, 2022 (DKK 75.0 million / USD 12.0 million as of June 30, 2021)For the second quarter ending June 30, 2022:Total revenue of DKK 8.5 million / USD 1.2 million, a 29% increase over the prior year Adjusted EBITDA of DKK (17.1) million / USD (2.5) millionAchieved targeted enrollment in clinical study supporting FDA...

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Matas Interim report Q1 2021/23

Company announcement no. 08 2022/23 Allerød, 17 August 2022 Interim report – Q1 2022/23 (1 April – 30 June 2022)   Rising customer traffic drives revenue and earnings growthMatas grew revenue by 3.2% to DKK 1,054 million in Q1 2022/23. EBITDA before special items grew by 3.1% to DKK 192 million reflecting an unchanged EBITDA margin before special items of 18.2%. Profit after tax grew by 27.7% to DKK 69.1 million mainly due to a decline in amortisation, related to the fully amortised Matas Brand Trademark. Matas maintains its guidance for the financial year 2022/23.Gregers Wedell-Wedellsborg, CEO of Matas A/S: “We are pleased to see growth in Q1 driven by our customers shopping more frequently across all of our channels. We are pursuing a strategy of offering consumers a bigger and broader assortment. Therefore, we introduced 21 new...

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