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Month: August 2022

Nokia Corporation: Repurchase of own shares on 25.08.2022

Nokia CorporationStock Exchange Release25 August 2022 at 21:00 EEST Nokia Corporation: Repurchase of own shares on 25.08.2022 Espoo, Finland – On 25 August 2022 Nokia Corporation (LEI: 549300A0JPRWG1KI7U06) has acquired its own shares (ISIN FI0009000681) as follows:Trading venue (MIC Code) Number of shares Weighted average price / share, EUR*XHEL 192,983 5.00CEUX 32,414 5.00AQEU 5,640 4.98TQEX 11,963 4.98Total 243,000 5.00* Rounded to two decimals On 3 February 2022, Nokia announced that its Board of Directors is initiating a share buyback program under the authorization granted by Nokia’s Annual General Meeting on 8 April 2021 to return up to EUR 600 million of cash to shareholders in tranches over a period of two years. The first phase of the share buyback program in compliance with the Market Abuse Regulation (EU)...

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Innovative Designs Adds Major Distributor

Pittsburgh, PA, Aug. 25, 2022 (GLOBE NEWSWIRE) — via NewMediaWire — Innovative Designs Inc. (OTCQB: IVDN) has entered into a distributorship agreement with Hartman Independent, located in Western Pennsylvania. For over 70 years, Hartman has been supplying collated nails and screws, narrow, medium, and wide crown staples, pneumatic tools and air compressors – and many more fastening and building products – to the industrial, construction, and dealer markets. Hartman, with its 6 outside salesmen, will cover eastern Ohio, northern West Virginia, western and central Pennsylvania, portions of New York, Maryland and Virginia. Innovative Designs CEO, Joseph Riccelli, stated, “We are excited to add Hartman to our ever-growing list of distributors. They will now be able to service accounts in the tri-state area and beyond.”  About...

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Sculptor Capital Management Issues Statement Regarding Books and Records Request

NEW YORK, Aug. 25, 2022 (GLOBE NEWSWIRE) — Sculptor Capital Management, Inc. (NYSE: SCU) (“Sculptor”) today issued the following statement in response to Dan Och’s filing in Delaware Chancery Court under Section 220 of the Delaware General Corporate Law. Mr. Och’s filing is misleading and full of falsehoods that present a grossly distorted view of Board governance at the Company. We look forward to setting the record straight through the legal process. Sculptor is proud of its commitment to the highest standards of corporate governance and the ethical culture in which our world class team operates. Together, we have brought the Company, its balance sheet, and its standing with our clients back from the activities that resulted in the government sanctions leveled against Och-Ziff and Mr. Och personally. To achieve these goals, the...

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Lithium-ion Battery Expert Martin Kepman Report – Who Rules The Electric Vehicle and Lithium-ion Battery Industry is Now Available

Could China Disrupt The Success of The World’s Future Climate Revolution? Expounds Martin Kepman CEO of Manganese X EnergyPeople’s Republic of China Versus The United States Of America (USA) Who Rules The Electric Vehicle and Lithium-ion Battery Industry? Could China Disrupt The Success of The World’s Future Climate Revolution? Expounds Martin Kepman.Saint-Laurent, Quebec , Aug. 25, 2022 (GLOBE NEWSWIRE) —As the demand continues to rise for precious minerals, many world powers are scrambling to invest and secure valuable trade agreements with major mineral deposits around the world. China has been leading and winning the race by investing billions of dollars for over 25 years. The reports covers:Major Chinese Investment Abroad For Minerals (Africa) China Holds A Stranglehold On The World’s Mineral Supply...

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Eik fasteignafélag hf.: Interim results for the first six months of 2022

Income from operations amounted to ISK 4,691 million. Operating profit before changes in value, sales profit and depreciation amounted to ISK 3,075 million. Total profit amounted to ISK 5,754 million. Net cash from operations was ISK 1,927 million. The book value of investment properties amounted to ISK 115,611 million.   The book value of assets for own use amounted to ISK 4,156 million at the end of the period. Change in value of investment properties was ISK 7,981 million. Cash and cash equivalents amounted to ISK 1,143 million. Interest-bearing debt amounted to ISK 67,147 million at the end of the period. Equity ratio was 33.8%. Profit per share was ISK 1.68. Economic occupancy rate was 94.5% at the end of the period Weighted indexed interest was 3.03% at the end of the period. Weighted unindexed interest was 5.74% at the end of the...

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Smart Powerr Corp. Receives Anticipated Notice of Additional Filing Delinquency from Nasdaq

XI’AN, China, Aug. 25, 2022 (GLOBE NEWSWIRE) — Smart Powerr Corp. (NASDAQ: CREG) (“CREG” or the “Company”), an industrial waste-to-energy solution provider in China, today announced that, as expected, the Company received an additional notice of non-compliance from the Listing Qualifications Staff (the “Staff”) of The Nasdaq Stock Market LLC (“Nasdaq”) due to the Company’s failure to timely file the Form 10-Q for the quarter ended June 30, 2022 with the Securities and Exchange Commission (the “SEC”), as required by Nasdaq Listing Rule 5250(c)(1). As previously disclosed, the Company earlier received notices from Nasdaq regarding its non-compliance with the rule with respect to the Forms 10-K and 10-Q for the fiscal year ended December 31, 2021 and quarter ended March 31, 2022, respectively. The Company plans to timely update the...

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Starbox Group Holdings Ltd. Announces Closing of US$21.5 million Initial Public Offering Including Partial Exercise of Over-Allotment Option

Kuala Lumpur, Malaysia, Aug. 25, 2022 (GLOBE NEWSWIRE) — Starbox Group Holdings Ltd. (Nasdaq: STBX) (the “Company” or “Starbox Group”), a service provider of cash rebates, digital advertising, and payment solutions, today announced the closing of its initial public offering (the “Offering”) of 5,375,000 ordinary shares at a public offering price of US$4.00 per ordinary share, including 375,000 ordinary shares issued pursuant to the partial exercise of the underwriters’ over-allotment option. The ordinary shares began trading on the Nasdaq Capital Market on August 23, 2022 under the ticker symbol “STBX.” The Company received aggregate gross proceeds of US$21.5 million from the Offering, before deducting underwriting discounts and other related expenses. Proceeds from the Offering will be used for expanding the Company’s business...

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Mexican Gold Announces Closing of Private Placement

// THIS PRESS RELEASE IS NOT INTENDED FOR RELEASE OR DISSEMINATION IN THE UNITED STATES // VANCOUVER, British Columbia, Aug. 25, 2022 (GLOBE NEWSWIRE) — Mexican Gold Mining Corp. (the “Company” or “Mexican Gold“) (TSXV: MEX, OTCQB: MEXGF) announces that it further to its news releases of July 29, 2022, and August 16, 2022, it is closing its non-brokered private placement offering with the issuance of a total of 10,000,000 units (the “Units”) of the Company at a price of $0.015 per Unit for proceeds of $150,000 (the “Offering”). Each Unit consists of one (1) common share (“Share”) in the capital of the Company and one (1) Share purchase warrant (“Warrant”), whereby each Warrant is convertible into an additional Share at an exercise price of $0.05 until August 29, 2027, a period of 60 months from the date of issuance. The proceeds...

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Proactive news headlines including NFT, Perk Labs, Pathway Health, PharmaDrug, Clean Air Metals, Amaroq Minerals and Jushi Holdings

New York , Aug. 25, 2022 (GLOBE NEWSWIRE) — Proactive, provider of real-time news and video interviews on growth companies listed in the US and Canada, has covered the following companies:NFT theft on the rise despite non-fungible bubble burst click here Wishpond Technologies is riding near-term momentum following record 2Q revenue, Canaccord says click here Los Andes Copper receives further US$5M investment from Queen’s Road Capital click here PharmaDrug aims to file provisional patent for treatment of glaucoma in the fourth quarter this year click here Psyched Wellness enters eCommerce fulfillment partnership with ShipHero for its Amanita Muscaria mushroom extract Calm click here Pathway Health reports improved revenue for 2Q from 1Q driven by easing COVID-19 restrictions click here Perk Labs reveals new features and...

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Hepsor 3TORNI OÜ, subsidiary of Hepsor AS, signed construction agreement for the construction of Ojakalda Kodud development project

Hepsor 3TORNI OÜ, Hepsor AS group company, and Mitt & Perlebach OÜ signed a construction agreement for the construction of Ojakalda Kodud development project on the border of Tallinn and Harku, on 25 August 2022. The value of construction agreement is approximately 14.1 million euros excluding value added tax. Considering the rapid increase in commodity prices and overall supply chain issues the construction agreement was signed as open-end agreement (cost plus agreement).   The construction of the three-tower residential building with 101 spacious family apartments will be completed in spring of 2024. The area is surrounded by several playgrounds and green areas. The three-tower residential building is located in vicinity of Lake Harku, the Harku-Nõmme health trail and has good connection with city center and other parts of the city...

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