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Month: September 2022

Bekaert to renew its existing liquidity contract

  Bekaert announces that it has decided to renew for one year, effective as of today, the liquidity contract it entered into with Kepler Cheuvreux on 2 September 2021 relating to its ordinary shares admitted to trading on Euronext Brussels (ISIN Code BE0974258874). This contract provides for the purchase and sale by Kepler Cheuvreux of Bekaert shares on the regulated market of Euronext Brussels. Kepler Cheuvreux will be acting in the name and on behalf of Bekaert and within the framework of a discretionary mandate, as authorized by the Extraordinary General Meeting of Bekaert of 13 May 2020. In accordance with the conditions specified by this Extraordinary General Meeting (i) the total number of own shares held by Bekaert pursuant to such authorization shall never exceed twenty per cent of the total number of Bekaert shares outstanding...

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Change in AS LHV Kindlustus Management Board

Jaanus Seppa, the Chairman of the Management Board of AS LHV Kindlustus, a subsidiary of AS LHV Group, will leave his position on 30 September 2022. The Supervisory Board of AS LHV Kindlustus decided to recall Jaanus Seppa from the position of Chairman of the Management Board and appointed Management Board Member Tarmo Koll as Acting Chairman. The search for a new Board Member has started. The decision to elect a new Management Board Member will be adopted by the company’s Supervisory Board after finding the new CEO. Jaanus Seppa has worked at LHV since the spring of 2020, since the founding of the non-life insurance company AS LHV Kindlustus. The company has won the trust of 149,000 customers and grown into an insurer with more than 30 employees. In a short period of time, the company has launched most of the products for retail customers...

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Compagnie Financière Tradition: Net profit Group share up 46.4% to CHF 51.1m

  Ad hoc announcement pursuant to Article 53 of the Six ExchangeRegulation Listing Rules    Lausanne, 2 September 2022Adjusted revenue of CHF 525.1m, up 7.7% at constant exchange rates Adjusted operating profit before exceptional items of CHF 69.3m, for an operating margin of 13.2% Net profit Group share up 46.4% to CHF 51.1m  CHF m   H1 2022   H1 2021 Variation in current currencies Variation in constant currenciesReported (IFRS)        Revenue 483.9 452.0  +7.1% +7.5%Operating profit 43.9 43.8 +0.1% +0.1%Operating margin 9.1 % 9.7 %    Profit before tax 67.4 49.2 +37.0% +39.2%Net profit Group share 51.1 35.5 +44.0% +46.4%         Adjusted*        Revenue 525.1 491.0 +7.0% +7.7%Operating...

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Novartis highlights depth of immunology pipeline with novel data at key upcoming international congresses

Pivotal results for efficacy and safety of Cosentyx® (secukinumab) in hidradenitis suppurativa from Phase III SUNSHINE and SUNRISE trials to be debuted as late-breaker at European Academy of Dermatology and Venereology (EADV) CongressPhase IIb data on remibrutinib (LOU064), an oral Bruton’s tyrosine kinase inhibitor, for people living with chronic spontaneous urticaria to be highlighted at EADVResults of analysis at Week 52 from Phase IIb trial of ianalumab (VAY736), a dual mode of action B-cell activating factor receptor inhibitor in Sjögren’s syndrome, to be unveiled at International Symposium on Sjögren’s SyndromeTotal of 37 abstracts across both meetings will be presented, reflecting Novartis ambition to improve the lives of those affected by a range of immunological diseasesBasel, September 2, 2022 — Novartis today announced...

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GoldQuest Welcomes New CEO & Director – Dominican Citizen

VANCOUVER, British Columbia, Sept. 01, 2022 (GLOBE NEWSWIRE) — GoldQuest Mining Corp. (TSXV:GQC, “GoldQuest” or the “Company”) is pleased to announce that Mr. Luis Santana Pereyra today took up his position as Chief Executive Officer (“CEO”) and Director of the Company. Mr. Santana will be based in Santo Domingo and will initially be responsible for achieving the Romero Project Exploitation License (the “Permit”) in the San Juan Province of the Dominican Republic and supervising exploration and environmental studies. Luis is a Citizen of the Dominican Republic and is a Qualified Engineer with more than 25 years of experience in mining and mineral processing. Luis has an impressive history having worked with Glencore – Falcondo and Altonorte Mines in Dominican Republic and Chile, BHP Billiton – Olympic Dam Mine in Australia, Barrick...

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Freshworks Announces Inducement Grants Under Listing Rule 5635(c)(4) of The Nasdaq Stock Market

SAN MATEO, Calif. , Sept. 01, 2022 (GLOBE NEWSWIRE) — Freshworks Inc. (NASDAQ: FRSH), a leading software company empowering businesses to delight their customers and employees, today announced that it granted to Dennis Woodside, Freshworks’ recently-appointed President and director, the following equity awards under its 2022 Inducement Plan: (1) a restricted stock unit award covering 1,732,501 shares of Freshworks’ Class A common stock and (2) an option to purchase 1,776,780 shares of Freshworks’ Class A common stock at an exercise price of $13.61.  Each award was granted as an inducement material to Mr. Woodside becoming a new employee of Freshworks in accordance with The Nasdaq Stock Market Listing Rule 5635(c)(4). Each award will vest over approximately four years, with 1/4th of the award vesting on September 1, 2023, and 1/16th...

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U.S. Global Investors Announces Results for Fiscal Year 2022, with Operating Income Up 36% Year-over-Year and Operating Margin of 45%

July marked a record fourth straight month of U.S. mutual fund and ETF outflows Morningstar Direct Asset FlowsSEA Beat the Market So Far this Year BloombergSAN ANTONIO, Sept. 01, 2022 (GLOBE NEWSWIRE) — U.S. Global Investors, Inc. (NASDAQ: GROW) (the “Company”), a registered investment advisory firm with longstanding experience in global markets and specialized sectors from gold to airlines, is pleased to report financial results for the fiscal year ended June 30, 2022. For the 12-month period, total operating revenues were $24.7 million, a 14% increase year-over-year (YOY). Operating income was $11.1 million, a 36% increase YOY. Operating margin was 45%, up from 38% in fiscal 2021. As of June 30, 2022, the Company had net working capital of approximately $33.9 million, a 57% increase from June 30, 2021. With approximately...

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Barrick Agrees to Sell Royalty Portfolio to Maverix Metals for Total Consideration of Up To $60 Million

All amounts expressed in US dollars TORONTO, Sept. 01, 2022 (GLOBE NEWSWIRE) — Barrick Gold Corporation (NYSE:GOLD)(TSX:ABX) (“Barrick”) today announced that it has entered into a definitive agreement to sell a portfolio of royalties (the “Portfolio”) to Maverix Metals Inc. (“Maverix”) for total consideration of up to $60 million. The Portfolio consists of 22 royalties on the production of minerals from mines located in North America, South America, Australia and Africa. The total consideration of $60 million consists of $50 million in cash payable on closing of the Portfolio sale, subject to the exercise of any right of first refusal or buy-down right by the counterparties under certain royalties, and three contingent payments:$6 million if the operator of the Eskay Creek project in British Columbia (Skeena Resources Ltd.) obtains...

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Nevada Gold Mines Agrees to Sell Royalty Portfolio to Gold Royalty Corp. for Total Consideration of $27.5 Million

All amounts expressed in US dollars ELKO, Nev., Sept. 01, 2022 (GLOBE NEWSWIRE) — Nevada Gold Mines’ (“NGM” or the “Company”) today announced that it has entered into a definitive agreement to sell a portfolio of royalties (the “Portfolio”) to Gold Royalty Corp. (“Gold Royalty”) for $27.5 million. The Portfolio consists of three royalties on the production of minerals from the Granite Creek and Bald Mountain projects located in the State of Nevada. The total consideration of $27.5 million will be satisfied through the issuance by Gold Royalty of 9,393,681 common shares (the “Consideration Shares”). Upon closing, NGM is expected to hold approximately 7.0% of the issued and outstanding shares of Gold Royalty on a pro forma basis. About Nevada Gold MinesNevada Gold Mines is operated by Barrick Gold Corporation (NYSE:GOLD)(TSX:ABX)...

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